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Showing 16 of 16 results by Peteroman
For the millionth time. You buy from Bitmain or not at all.
I need it right now. If my friend Billy has what I need, and Bitmain doesn't: I'm sorry I'm buying from Billy.
They are a fairly new site, looks like around 40 days. I called the number on their site, and Lashan, a receptionist, picked up. She asked me for my last name. I asked why? She said it's a question they ask everyone; if I don't feel comfortable answering then I don't have to. I said I'd rather not. I asked if she has any S9's in stock. She told me February is sold out, and they're taking March orders.
She didn't seem to know the answers to all my questions, but she promised to forward my questions to someone who would know, because "she is not the expert, only a receptionist."
I asked if they do local pickup exchanges, and she said she will forward that question as well.
what you you guys think?
cryptosupplyhouse.com
I'll update as soon as I get a response.
She didn't seem to know the answers to all my questions, but she promised to forward my questions to someone who would know, because "she is not the expert, only a receptionist."
I asked if they do local pickup exchanges, and she said she will forward that question as well.
what you you guys think?
cryptosupplyhouse.com
I'll update as soon as I get a response.
Hello,
I'm looking to buy 1000 S9 miners, but so far no one has that many on hand. For example, bitshopusa said they could get 1000 by April and May because that's when the next batch is. However, I need them immediately.
Anyone know of a place?
Thanks,
Peter
I'm looking to buy 1000 S9 miners, but so far no one has that many on hand. For example, bitshopusa said they could get 1000 by April and May because that's when the next batch is. However, I need them immediately.
Anyone know of a place?
Thanks,
Peter
Please enlighten us
Keep an eye on https://bitcoinwisdom.com/bitcoin/difficulty
When difficulty rises in 2 days: lmk if you notice any price difference.
Good video and nice prediction.
thank you.
Again this is wrong. Miners don't make the price!
I'd guess you're the noob who made this video right?!
Miners have no influence of what the price of Bitcoin will be, except dumping the coins to the market they hold.
It's not the miners who give Bitcoin it's value. They are just 1 part of several more with much more significance!
Miners decide the price meaning: they sell their coins at a price higher than it cost to mine them.
If some hash power transfers to BitcoinCash, will that make the price of Bitcoin decrease?
History says Bitcoin hashrate doesn't decrease and therefore price won't drop significantly
Very good explanation, you need a better video intro though 
Thank you 😊
Is it possible that the price can increase if difficulty increases and demand stays constant??
Yes.
As difficulty increases, miners mine less Bitcoin.
To make up for the decrease in Bitcoin income, miners sell their Bitcoin at a higher price.
when someone notices Bitcoin and tries to mine it, they will understand why the price is high and they will
Pay for it instead of mining.
Pay for it instead of mining.
i saw bitcoin and decided to mine it.
That's not even an argument. You could ask yourself if you think early miners mined for profit. Obviously there was no economic incentives involved until bitcoin had a price.
Anyways, no need to disprove anything, some guy already did it: http://divananalit.org/
Data is clearly showing the opposite of what you claim.
divananalit.org says Mining cost ... depends ... only on: ... difficulty.
... to show you a funny dependence: bitcoin price usually doesn't come lower than mining cost.
Mining cost depends on difficulty, price doesn't come lower than cost, therefore price doesn't come lower than difficulty.
blockchain.info zoom in on when difficulty first rose compared to when price first rose.
Difficulty 1 to 1.180 on 12/30/2009
Price 0 to $0.07 on 8/17/2010
Unless you're a bank; creating money out of thin air, work always comes before a price is assigned to said work.
That's why employers pay you after working 40 hours, unless you're Drake and get an advance, in which case you'd already proven that you're worth something.
https://ip.bitcointalk.org/?u=http%3A%2F%2Fdump.bitcheese.net%2Fimages%2Faxidido%2Fbitcoin-self-cost-logscale-edited.png&t=579&c=dHbFEFVa0F5G8Q
From https://bitcointalk.org/index.php?topic=550349.40
Difficulty is clearly lagging price. You really only need logic to tell you that.
From https://bitcointalk.org/index.php?topic=550349.40
Difficulty is clearly lagging price. You really only need logic to tell you that.
In the beginning of Bitcoin, did difficulty rise first or did price? The answer is difficulty.
Good point. Hashrate must follow the price.
Bitcoin launched at $0.
According to that logic, the difficulty would never increase, because for the difficulty to rise: Bitcoin would first have to be worth something!
He is always saying price has to follow hashrate/difficulty...
Yes, in other words: miners decide the price.
This kid is pretty intelligent..
thank you to the positivity
Not everything in our life follows mathematical formulas..
Not everything, yes; minor fluctuations in short term Bitcoin market price being a prime example.
hope you are right ,i can not wait ,when $100k ,i will be rich
I am right.
Sharing this video with a few people who has no idea how the difficulty and rewards to miners work
Thank you, I hope they enjoy it.
I would assume the same concept applies to BitcoinCash
https://bitinfocharts.com/comparison/bitcoin%20cash-hashrate.html
Probably.
I made a video about how to mine Bitcoin, so you should watch it if you would like to mine Bitcoin
https://youtu.be/0BDYSi6VHjQ
https://youtu.be/0BDYSi6VHjQ