Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
itod
on 19/09/2014, 09:22:01 UTC
if stamp breaks into the 3xx - we are screwed

i call bottom at 392...

The bottom is calculated long ago, browse around. It's the price it costs to mine BTC with electricity cost that most miners pay, currently somewhere around $280.

Do you have link? Because that would be really cool

This thread is so fast, no chance to find it, but the calculation looked OK. After that point BTC price should be (nothing is certain) balanced by adjusting the difficulty, so it's possible to be in longer term stability.