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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1652898 times)
creativex
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February 24, 2013, 11:29:26 PM
 #11241

Hey it's the weekend! Let's sell our coins for less than their worth!  Cheesy

Umm...no thanks. Cool

https://bitcointalk.org/index.php?topic=130982.msg1401799#msg1401799 - [BTC-TC]bASIC-MINING
http://forum.litecoin.net/index.php/topic,886.0.html - [LTC-GLOBAL]LTC-DMF
http://forum.litecoin.net/index.php/topic,817.msg3279.html#msg3279 - [CRYPTOSTOCKS]AGLTC

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giszmo
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February 24, 2013, 11:34:55 PM
 #11242

I see you guys use google trends with different searchwords.
I have a look there too, from time to time. However, all combined searchterms are an order of magnitude lower than simply "bitcoin":



So, don't get too excited when some obscure searchterm has a huge climb, check back with "bitcoin" too ;-)

Ente

I searched for "bitcoins kaufen" and "acheter bitcoins" to find out trends in other regions than USA and would appreciate trends in Arab and Chinese.

Zomdifros
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February 25, 2013, 12:41:34 AM
 #11243



This looks promising.

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February 25, 2013, 12:55:38 AM
 #11244

It's interesting to see how precious metals don't expose any relevant up trend in google trends. Bitcoin has swings like crazy and they are steady:
gold coins vs. bitcoin vs. silver coins

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February 25, 2013, 01:04:04 AM
 #11245

I'm very very confused because of the hash rate. So I read that the first asic miners mine at 4TH/s and they and others are deploying more any minute and the exchange rate at record height making it now pay off better than when we cut the reward down to 25Ƀ and still the hash rate is decreasing? What is going on?? Shouldn't people heat up their GPUs one last time until hash rate grows faster than the exchange rate???



I mean the Ƀ was around $12 on november 28th. Now we are at more than twice the price and far from twice the difficulty. What is wrong?


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February 25, 2013, 01:17:29 AM
 #11246

The miners operating margin took a hit after the block reward cut, perhaps some decided to call it a day. And who knows whats going on with the Asic's?

Logik
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February 25, 2013, 01:58:02 AM
 #11247

I'm very very confused [...]

I mean the Ƀ was around $12 on november 28th. Now we are at more than twice the price and far from twice the difficulty. What is wrong?



Perhaps it's because of the ASIC delays plus GPU miners trying to get the most out of liquidating their gear. I'm pulling this out of thin air, but if you were a GPU miner and decided to exit GPU mining, your primary concern would be selling the gear before the market for the gear was flooded by everyone else. Therefore, perhaps the dip is from all the GPU miners exiting based on when they thought ASIC mining was about to take off. ASIC's were supposed to come online by now but there have been many delays.

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February 25, 2013, 02:00:38 AM
 #11248

The miners operating margin took a hit after the block reward cut, perhaps some decided to call it a day. And who knows whats going on with the Asic's?

I love blockchain.info's charts and Piuk just drew me a new one today but this particular chart I don't like at all as it makes too many assumptions. What is your mining eficiency (MH/J)? What is your electricity cost ($/J)? Do you heat with electricity anyway?

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February 25, 2013, 03:05:30 AM
 #11249

(31.3+28)/2=29.65, about where we are.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
molecular
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February 25, 2013, 05:29:27 AM
 #11250

I mean the Ƀ was around $12 on november 28th. Now we are at more than twice the price and far from twice the difficulty. What is wrong?

The days of GPU mining are numbered: noone invests in new GPU rigs currently and the ASIC delivery is lagging.

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February 25, 2013, 11:47:54 AM
 #11251


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February 25, 2013, 11:49:09 AM
 #11252

Finally some liquidity.  Grin

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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February 25, 2013, 12:18:47 PM
 #11253

I mean the Ƀ was around $12 on november 28th. Now we are at more than twice the price and far from twice the difficulty. What is wrong?

The days of GPU mining are numbered: noone invests in new GPU rigs currently and the ASIC delivery is lagging.

Ah ok, so it is the dying rate of GPUs. That makes sense. At least that was my experience with 4 out of 8 GPUs dying in 5 months.

kokojie
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February 25, 2013, 02:46:49 PM
 #11254

I mean the Ƀ was around $12 on november 28th. Now we are at more than twice the price and far from twice the difficulty. What is wrong?

The days of GPU mining are numbered: noone invests in new GPU rigs currently and the ASIC delivery is lagging.

Ah ok, so it is the dying rate of GPUs. That makes sense. At least that was my experience with 4 out of 8 GPUs dying in 5 months.

That's definitely not normal, what brand was your GPU? and were they overclocked?

If my post has been helpful, send me some love -> BTC: 1kokojUapmWqCqPw3Ch2rjcVh57tJEzka | PPC: PDyXAgA8eH47gokVW6zVZPSuu15aao5nZF | Bitshares: kokojie
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February 25, 2013, 03:34:13 PM
 #11255

I mean the Ƀ was around $12 on november 28th. Now we are at more than twice the price and far from twice the difficulty. What is wrong?

The days of GPU mining are numbered: noone invests in new GPU rigs currently and the ASIC delivery is lagging.

Ah ok, so it is the dying rate of GPUs. That makes sense. At least that was my experience with 4 out of 8 GPUs dying in 5 months.

That's definitely not normal, what brand was your GPU? and were they overclocked?

Not sure if anybody cares about this thread derailing from an original wall-observer-only-posts-with-pics now general bears-and-bulls-cheering-about-every-movement thread?!?

I had 6850s. We sent two back once and got them replaced. That's where we decided overclock them less and two more died later. Maybe they were already damaged while overclocking.

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February 25, 2013, 08:09:09 PM
 #11256

yup; you've caused everyone to become disinterested in this thread with your GPU talk

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humanitee
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February 25, 2013, 08:31:32 PM
 #11257

yup; you've caused everyone to become disinterested in this thread with your GPU talk

Seriously, why'd you have to ruin a perfectly good thread giszmo!? WHY!?

ITT we berate giszmo for the next 40 pages. GPU mining  Cheesy, what a loser.
phatsphere
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February 25, 2013, 09:22:33 PM
 #11258

desperate move to steer this thread back on track:

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February 25, 2013, 09:24:10 PM
 #11259

we're looking pretty steady and low volume today...

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keewee
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February 25, 2013, 09:34:39 PM
 #11260

Calm before the storm I suspect

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