Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
d_eddie
on 29/06/2019, 16:37:15 UTC
⭐ Merited by JayJuanGee (1)
Dear r0ach, thanks for your post. My guesstimate is you made it to 90% of the ignore lists here. I'm in the other 10% because I love your impersonation. As I already said, you're probably a middle class, well educated Jew, politically engaged in an undercover operation to ridicule and undermine the alt-right.

You braindead, idiot scammers in this thread have NEVER once explained how the price of Bitcoin can go to $500k or even $50k while cost of production is $3-6k.
We did. I know I did recently.

I think the issue with realr0ach is mixing up marginal cost (cost for mining your next bitcoin) - and initial, fixed and recurrent costs (buying the equipment before Bitmain makes sure it's obsolete by using it "for testing", maintaining it). Those initial costs are too much of a risk. Risk a dozen grand so I can mine 0.4 coins at 3k per coin over a few months? I wouldn't do it, personally, if I didn't know damn well what it entails. Not even OG miners here do. My numbers might be off - I know jackshit about mining - but work out the arithmetic and see what you come up with.

Of course, the explanation wasn't for you - you won't listen, as all the regulars know.

I did it just so the occasional newcomer doesn't get caught in your net of lies.