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Showing 20 of 68 results by Blackswan122
Well we are now hanging on a little cliff again testing $640 level.... Will it go up or carry on trying to hit new lows each time...Iv'e been buying on dips...but not really managing to sell on the mini highs. I think we are going to move up from the current $640 to the $770... But with BTC anything could happen. The difficulty is looking rather scary....but the cost per GH/btc at CEX didn't plummet this time... Technical indicators are mixed and seem to contradict each other...I am tipping an upward movement but it's only a 60/40% chance. We may even be trying to stabilise and move sideways for a while.....That will be a first lol
Re: Earning almost double my money with Block Eruptors in less than 30 days!
I'm surprised so many people are willing to spend so much on mining equipment. It is a real risk but I guess people have more money than they know what to do with. Or they have "free" electricity?
Because the latecomers see the people who mined back in 2011/2012 with 10s and 100s of BTC so they think if they mine they will become similarly wealthy. It doesn't work like that or everybody would be buying Google, Apple and MSFT stock now.
Until mining equipment becomes reliable WRT delivery times and profit margin it's just better to buy the coin outright.
I think mining and investing is the right direction... You can invest in BTC and use some of the profits to mine... Admittedly the volatility of BTC offers the chance to make handsome profits... And loses. Plus mining is also great fun!
Yes mixing is good. Mining can be fun, but it can also drive you nuts. I got noticed just now one of my rigs is offline (offsite). Now I have to drive there just to reset the stupid thing and figures since I was there the whole day today and it behaved.
Yes but that is the fun... They are so unpredictable but saying that I'm mining PPC... And my little rasp Pi rig has been running for a couple of weeks without a break... Very reliable. There was a stage at first where I was spending too much time fiddling with it... Now it's a case of if my little lights are flashing.. Leave it alone. Difficulty for BTC changes in 4 hours... Means it will be more profitable to mine for PPC again.
es ist kein betrug. wucher vielleicht, aber hey wenns dir zuviel ist, musst es auch nicht kaufen. vor 2 wochen kam n typ an und hat mir 15 mille für meinen jupiter in die hand gedrückt. wenn er ihn haben wollte, bitte 
war das falsch ? habe ich da was verbrochen ? ich denke kaum. das ganze bitcoin geschäft kann man nicht als normal bezeichnen, es ist eine welt der extreme und es gibt nirgends eine garantie auf irgendwas wie zb. bei einem neuwagenkauf.
der user ist übrigens auch hier im forum angemeldet, nick: zwilla ist eine sie und besitzt 6 jupiters (< *****sau
)
die auktion ist bestimmt kein scam, ob man aber was rauskriegt eher ungewiss
war das falsch ? habe ich da was verbrochen ? ich denke kaum. das ganze bitcoin geschäft kann man nicht als normal bezeichnen, es ist eine welt der extreme und es gibt nirgends eine garantie auf irgendwas wie zb. bei einem neuwagenkauf.der user ist übrigens auch hier im forum angemeldet, nick: zwilla ist eine sie und besitzt 6 jupiters (< *****sau
)die auktion ist bestimmt kein scam, ob man aber was rauskriegt eher ungewiss
Wenn jemand ein Jupiter kauft... Denn muss er sein calculatoinen machen. Aber 50 for EIN TAG mining mit ein USB erupter ist DEFINITIV ein Versuch von Betrug! Weil es ist unmöglich und er weist das!
The last $100 blip up was all those yanks with buys set at just below $500...they will wake up andfind they have a S**t load of coins that they will then sell again....driving the price yet further down....It's not looking good is it. I'm just going to hold..... I haven't got my house buried in Bitcoin....just a lawnmower.... I nearly sold all at $900 with a hope of getting in at these levels...but I think the wind has changed altogether...
Agree, some people should chill. Just think for a moment, if you bought 1BTC a month ago you paid ~300$, now after all the ups and downs it's ~700$ so you earned more than 100% in a month! A bank deposit gives you 3% a year. Some of us bought BTC when it was below $100. If btc goes back to that we may start panicking, but now? It's been a constant ride up. You guys are hyping each other by writing bullsh1t and reading bullsh1t written by other whiners.
Writing bullshit? I'm just saying that at present Crypto currency is sliding and sliding fast.... I'm not making it up...it's happening. Yes if you bought at $100 you are in profit .... at present. If you don't call a 65% drop significant then you are living in CCL.... Constant ride up....mmmmm....1250 odd down to 700...
Well now it's below $600..... Part of investing is knowing when to exit some or all of what you may have put in earlier...you can always get back in lower... I'm not pretending everything's rosy... I'm just giving newbies my point of view to investing. Technical Analysis isn't new to me... I've been investing for 35 years... People tend to follow the herd... The herd is heading down the riverbank and into a river full of crocodiles... Some won't get out the other side. If it starts to turn again I will post exactly the opposite! I'm not trying to kill Bitcoin or push it's price down. I mine for both PPC and BTC so I haven't given up yet. I will be topping up my holding when I see fit ... But that time is way off in my opinion.
Now below $500......Am I still talking bullshit? Norway and Denark now crashing the party too....China now stops companies processing settlements... They have until Chinese New Year...so 31 Jan 2014 to wrap up.
"Still a bullish market longterm"... You have made one fatal mistake in your technical analysis... You forgot to include the market sentiment and what's going on in the real world. Two big things. 1. Governments getting very itchy about a stranger crashing in on their party. 2. China being the first big country to technically pull in the reins... They had 50% of BTC traffic with 50% of traffic slowly falling away... The charts are looking a bit unsupported.
No fatal mistake, my friend. If something is good, people will always find a way around to get it.
At 100-day or 200-day MA support, it's still a bull market. BTC touched 200-day MA in July and recovered after that, BTC will recover again. Have faith and stay the course.
Ok I have faith.. July was before the real hype and the door slamming. I hope it does rise again but not before I can buy a few more! I will post again when I think its looking like it's going northwards again... If ever :-( thanks for your views....
Just watch for that 670 line, if it's violated and goes to 650, it's short-to-mid-term (a few weeks/months) bear trend.
If price stays above it, we're good.
If price stays above it, we're good.
Ok, the support has been broken, most likely going to test 100-day MA at $400+, if that doesn't hold, then it's all the way down to 200-day MA. Still bullish market long term, but short term prepare for some pain.
"Still a bullish market longterm"... You have made one fatal mistake in your technical analysis... You forgot to include the market sentiment and what's going on in the real world. Two big things. 1. Governments getting very itchy about a stranger crashing in on their party. 2. China being the first big country to technically pull in the reins... They had 50% of BTC traffic with 50% of traffic slowly falling away... The charts are looking a bit unsupported.
Re: Earning almost double my money with Block Eruptors in less than 30 days!
I'm surprised so many people are willing to spend so much on mining equipment. It is a real risk but I guess people have more money than they know what to do with. Or they have "free" electricity?
Because the latecomers see the people who mined back in 2011/2012 with 10s and 100s of BTC so they think if they mine they will become similarly wealthy. It doesn't work like that or everybody would be buying Google, Apple and MSFT stock now.
Until mining equipment becomes reliable WRT delivery times and profit margin it's just better to buy the coin outright.
I think mining and investing is the right direction... You can invest in BTC and use some of the profits to mine... Admittedly the volatility of BTC offers the chance to make handsome profits... And loses. Plus mining is also great fun!
Agree, some people should chill. Just think for a moment, if you bought 1BTC a month ago you paid ~300$, now after all the ups and downs it's ~700$ so you earned more than 100% in a month! A bank deposit gives you 3% a year. Some of us bought BTC when it was below $100. If btc goes back to that we may start panicking, but now? It's been a constant ride up. You guys are hyping each other by writing bullsh1t and reading bullsh1t written by other whiners.
Writing bullshit? I'm just saying that at present Crypto currency is sliding and sliding fast.... I'm not making it up...it's happening. Yes if you bought at $100 you are in profit .... at present. If you don't call a 65% drop significant then you are living in CCL.... Constant ride up....mmmmm....1250 odd down to 700...
Well now it's below $600..... Part of investing is knowing when to exit some or all of what you may have put in earlier...you can always get back in lower... I'm not pretending everything's rosy... I'm just giving newbies my point of view to investing. Technical Analysis isn't new to me... I've been investing for 35 years... People tend to follow the herd... The herd is heading down the riverbank and into a river full of crocodiles... Some won't get out the other side. If it starts to turn again I will post exactly the opposite! I'm not trying to kill Bitcoin or push it's price down. I mine for both PPC and BTC so I haven't given up yet. I will be topping up my holding when I see fit ... But that time is way off in my opinion.
Agree, some people should chill. Just think for a moment, if you bought 1BTC a month ago you paid ~300$, now after all the ups and downs it's ~700$ so you earned more than 100% in a month! A bank deposit gives you 3% a year. Some of us bought BTC when it was below $100. If btc goes back to that we may start panicking, but now? It's been a constant ride up. You guys are hyping each other by writing bullsh1t and reading bullsh1t written by other whiners.
Writing bullshit? I'm just saying that at present Crypto currency is sliding and sliding fast.... I'm not making it up...it's happening. Yes if you bought at $100 you are in profit .... at present. If you don't call a 65% drop significant then you are living in CCL.... Constant ride up....mmmmm....1250 odd down to 700...
OP,
where the heck do you see lower lows?
I see higher lows (dec 7 - a little below 600, today - around 680),
check it out, if you don't believe it:
http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=90&i=Daily&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=SMA&m1=50&a2=SMA&m2=200&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0&
price bounced off the 50-day MA on Dec 7 and seems to be doing the same again. Well, if we go lower than 660-670 on MtGox, then we may have a longer bearish trend, until then, it's all standard technical market operation. Technically, we could even go to 200-day MA, which is around 290 right now and still be in bullish market long term, so calm down.
where the heck do you see lower lows?
I see higher lows (dec 7 - a little below 600, today - around 680),
check it out, if you don't believe it:
http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=90&i=Daily&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=SMA&m1=50&a2=SMA&m2=200&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0&
price bounced off the 50-day MA on Dec 7 and seems to be doing the same again. Well, if we go lower than 660-670 on MtGox, then we may have a longer bearish trend, until then, it's all standard technical market operation. Technically, we could even go to 200-day MA, which is around 290 right now and still be in bullish market long term, so calm down.
From the 13th there have been 6 steps down..... and one up recently...if that's not sliding what is? Plus look at the 10 day ma just about to go below 25 day....MACD negative, Slow Stochastic negative....and a few more also showing a downtrend continuing. Plus BTC. isn't really mature enough to follow chart reasoning....so we may be both wrong lol
https://www.dropbox.com/s/vkc0a8zy2orsjty/BTC%2017th%20Dec.jpg
if bitcoin mining is uselss. well so is gold mining.
Gold mining is very similar...The price is dropping so soon it won't be profitable to mine it (same effect as difficult has on Bitcoin and the rest of the bunch) ....$1000 and below and it's not worth it well around there anyway. They will still mine it though waiting for the upturn (just like Bitcoin miners will....). You can't put Bitcoins into teeth and jewellry that's the difference.
Re: [ANN] [QRK] Quark | Super secure hashing | CPU mining
Does anyone know at what time will the release of Max Keiser's show be on RT.com tomorrow? Does he release the video before it airs?
I thought it was being filmed on 16th and would take a few days to be edited and screened but I may be wrong. He pushes Quarkcoin so I wouldn't be surprised if there is a reaction to his Hype....He seems to have a big following. Quarcoin has dived over the past few days though....worth a risk I don't know.
In my opinion the next few months are slowly turning into a make or break time for Cyrpto. I don't think it will break completely...But it may collapse before doing a "Phoenix" and coming back in another form. Just looking at the BTC price slowly but surely sliding to lower lows and not making new highs seems to confirm that many people are converting back fo Fiat. I strongly believe Crypto will remain in some form or another but these times are not for Widows and Orphans to be investing in it. Said that a little is ok...who knows we may have another bonanza! $1000-$2000 seems a good risk reward level...but it all depends on your personal circumstances...I haven't got a Falcon and a Camel! I am steadily mining investing and trying to stay upto date with the Bitcoin Backdrop....it ain't easy but we are the pioneers of an exciting age... Remember 99% haven't even heard of Bitcoin.....Try and ask your friends and family what it is...you will be amazed at how ignorant people are. Comments always welcome....constructive ones..
99% of alt-coins will never be used to buy anything.
How do you know? And even know exactly the percentage of never-to-be-used coins? Are you Nostradamus?
(seriously, no offense) its because we understand bitcoin and related subjects on a level higher then you, this isnt something people can really teach you, you have to kinda learn it on your own. we understand virtually all alt coins are worthless. the people that dont understand why this is and find 'bugs' in bitcoin then go on to 'fix it' in an alt coin. but there was nothing broken to begin with and their 'fix' has consequences they dont understand. This holds true for all altcoins ive looked into so far(except one). ive since stopped bothering, its a waste of my time and its better spent helping people that want answers.
Ok, so forgive my ignorance here, but am I right in thinking that as a result of Bitcoin and the literally hundreds of alternate currencies springing up daily, we, the human race are using BILLIONS UPON BILLIONS of processing cycles to calculate worthless sums? I say worthless because the hashing is mostly wasted effort, am I right in understanding that?
Surely the logical next step here is to make this ENORMOUS BOTNET calculate something useful? I'm thinking of solving science questions, SETI, fighting cancer, or any other distributed software projects, that kind of thing?
Do any of the alt currencies attempt to tackle this, or are we still a way off actually utilising these CPU/GPU cycles for the good of our species and/the planet.
Surely the logical next step here is to make this ENORMOUS BOTNET calculate something useful? I'm thinking of solving science questions, SETI, fighting cancer, or any other distributed software projects, that kind of thing?
Do any of the alt currencies attempt to tackle this, or are we still a way off actually utilising these CPU/GPU cycles for the good of our species and/the planet.
I say worthless because the hashing is mostly wasted effort............... I happen to agree with you on this point. Just one reasonably powered computer could do all the hashing required. The difficulty would be low to allow for 10 minute block discovery. It's people's greed that has pushed the difficulty up so high that an enormous amount of power is now needed to generate blocks. Of course there needs to be more than one computer to secure the blockchain but the op does have a valid point.
Then what happens when someone develops ASICs and your two computers are overpowered by 10,000% because they still use CPUs?
the more processing power the network has, the more processing power an attacker would need to overpower it. ASICs are so much faster, cheaper and more efficient then what came before. the network is far stronger then it was before. Nobody can develop an "ASIC" and easily blow away our network because we already have ASICs, if we were still using CPU's then any entity out there could have developed as ASIC and overpowered the network easily.
Maybe not to Buy anything.....but they are very useful to MOVE money very quickly.....That's their advantage....plus it's cheap...
Yes... slowly, but silently India is catching up the BitCoin fever. Bitcoin Exchange India is under development 
Yes but they are pretty advanced at phoning people up and trying to get them access to your computer...they tried it with me the other day! "I'm from the Microsoft Service Center.....You have Malware installed I need you to check your Id number....." They then log in to your PC and try and install a file.... MSC DON'T call people.
Re: Bitcoin mining is Dead, Tot, Apagado, Gone w tricycle, 88
I was thinking buying the Neptune from KnCminers
but what a bullshit. Shipping starts at Q2 next year.
A quick check on some calculators shows as of Q2 2014 mining is pretty much DEAD!!!! Apagado, Goners, 88
http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=707408283.0515&dcosts=13000&diff_mincrease=30&blpbtc=25&dhsmhs=3000000&diff_mincreasedecrease=3&btcusd=1015.12&dpowcon=1500&btcusd_mincrease=1&pcost=0.25&calcweeks=32&dleadtime=0&action=calc
https://cex.io/calc
better safe your sorry asses and bitcoins and spend it on drinks,drugs and your mum's new knitting gear.
maybe she will knit you one of those luvely cozy panties you can wrap ur sorry asses in
so long suckers .
but what a bullshit. Shipping starts at Q2 next year.
A quick check on some calculators shows as of Q2 2014 mining is pretty much DEAD!!!! Apagado, Goners, 88
http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=707408283.0515&dcosts=13000&diff_mincrease=30&blpbtc=25&dhsmhs=3000000&diff_mincreasedecrease=3&btcusd=1015.12&dpowcon=1500&btcusd_mincrease=1&pcost=0.25&calcweeks=32&dleadtime=0&action=calc
https://cex.io/calc
better safe your sorry asses and bitcoins and spend it on drinks,drugs and your mum's new knitting gear.
maybe she will knit you one of those luvely cozy panties you can wrap ur sorry asses in
so long suckers .
Most of the calculators are only accurate for a few days to a week until the next difficulty change. Plus nobody knows how the BTC price is going to move.... If you had said this comment 3 months ago you would have be so mistaken. China rejecting bitcoin is a blow but not yet the end. The price is steadily falling as people try and get in and out at the highest levels....It is making new lows and not making new highs....at some stage the scale will tip but at what level is anyones guess...$500----$400---$50! Bitcoin is only the beginning of Crypto currency....It can't be deinvented....There will be more alternatives springing up that may eventually takeover.. The next few months will be critical to the survival of all Crypto currencies....
Re: Difficulty gestiegen am 10.12 auf 908.350.862 / +28.41 % - Chart USD/Hash Rate
Also ich hab meine beiden miner verkauft einer geht Mitte Januar noch raus. Bin mal gespannt wie die Diff sich bis dahin entwickelt...
einer geht Mitte Januar noch raus. Bin mal gespannt wie die Diff sich bis dahin entwickelt...7 x erupters verkauft.....370....Jetzt in CEX gh investiert!...
Re: Earning almost double my money with Block Eruptors in less than 30 days!
Yeah I did the same thing...Bought 9 erupters at around 14 a piece and sold 7 for between 53-57 a piece! Approx 370 return...My whole mining rig cost me about 270...) x erpts, USB Hubs, RaspPi, Keyboard, SD card etc....Kept all rig and 2 x Erupters.... Now mining for Peercoin PPC. The 370 I pumped into CEX gh. For 50 (each USB erupter) I'm getting 3 x as much hashing power and can trade it in when I get bored. It's all a gamble. The BTC price is slowly but surely slipping....I just hope it doesn't die completely! I am tipping that at some stage massive support will be given.....If not only to protect the big boys investments. I think we are in a consolidation phase.
Re: Why Bitcoin is doomed to fail, and there's nothing you can do about it.
bitcoin is the first of its kind and will not last forever. Some other decentralised currency will take over at some point.
I think you only posted this comment in the hope that people click on your referral link for Primedice!.....Am I right?