How is bitcoin value getting so high if people are still mining them like crazy? - GoFuckYourself.com

MrMaxwell · 11-18-2013, 06:08 PM

Something does not "add up" here
Who is going to be the first to offer to facilitate trade of fractional coins?

TampaToker · 11-18-2013, 06:14 PM

how do you figure people mining them like crazy?

MrMaxwell · 11-18-2013, 06:15 PM

Quote:

Originally Posted by TampaToker

how do you figure people mining them like crazy?

Well I would think that the higher the value gets, the more idiots you'd see mining them then

CAHEK · 11-18-2013, 06:18 PM

$900 per coin

Penny24Seven · 11-18-2013, 06:20 PM

LOL it is going crazy now. I have people wanting to buy them and freaking out on me because the price of them goes up 25 dollars every single time we e-mail each other.

MrMaxwell · 11-18-2013, 06:21 PM

Looks like the bottom is falling out "as we speak" right now

rowan · 11-18-2013, 06:26 PM

Quote:

Originally Posted by MrMaxwell

Something does not "add up" here
Who is going to be the first to offer to facilitate trade of fractional coins?

Trading fractional coins? Uh, on the main exchange I use you can buy or sell 0.0001 BTC, if you really want. I believe Bitcoin itself will let you go down to 0.00000001 BTC.

TampaToker · 11-18-2013, 06:26 PM

Quote:

Originally Posted by MrMaxwell

Looks like the bottom is falling out "as we speak" right now

lol you have no clue how this works..... Go read up on things.....

420 · 11-18-2013, 07:12 PM

Here you go max, http://freebitco.in get your hustle on.

MrMaxwell · 11-18-2013, 07:13 PM

Oh I thought that individuals could not trade fractions of a coin yet .. sorry

mineistaken · 11-18-2013, 07:32 PM

Quote:

Originally Posted by MrMaxwell

Well I would think that the higher the value gets, the more idiots you'd see mining them then

No. Less people are mining because this is no longer profitable. Unless stolen electricity.
Do not forget that mining difficulty increases very fast, not only price.

420 · 11-18-2013, 07:41 PM

There is always the same amount of bitcoins mined per day. Roughly 6 blocks. That's currently 150 coins per hour. The difficulty changes to keep this constant.

jscott · 11-18-2013, 09:05 PM

the bottom is falling out? LOL

anyways, btc mining, i have friends who mine them and it's very expensive to "mine them like crazy"

Phoenix · 11-18-2013, 09:14 PM

kind of wish i had bought them when i saw them years ago..or even when frank said to
bought then sold now
booyah

even a 5k investment would be sweet

pornmasta · 11-18-2013, 09:56 PM

To buy drug ?

MrMaxwell · 11-18-2013, 11:13 PM

http://www.forbes.com/sites/kashmirh...nate-hearings/

MrMaxwell · 11-19-2013, 01:09 AM

It was down on huge volume and now it trades back up on small volume.. odd... the way it was trading made it look heavily HEAVILY manipulated to me. All of the real sales going through at one price and a few wash trade looking prints at 30% higher prices here and there.

I think the senate hearing and all of that is why it is going nuts. We'll see what happens

seeandsee · 11-19-2013, 03:44 AM

it's because of Chinese money flowing in, and it will take big dump soon

Emil · 11-19-2013, 03:52 AM

Quote:

Originally Posted by MrMaxwell

Something does not "add up" here
Who is going to be the first to offer to facilitate trade of fractional coins?

It's getting harder and harder to mine coins. And there's also a limit so they cant be mined for ever.

jscott · 11-19-2013, 03:57 AM

seeandsee, Haven't you been claiming bitcoins are worthless/useless since way back in the $40 range?
or do i have you mixed up with someone else?

JFK · 11-19-2013, 06:16 AM

Quote:

Originally Posted by seeandsee

it's because of Chinese money flowing in, and it will take big dump soon

sounds like a pump and dump

Penny24Seven · 11-19-2013, 06:23 AM

I said it would be just above what it was yesterday when I wake up. If anyone wants to pay 800 per bitcoin I am selling

keysync · 11-19-2013, 06:30 AM

$480 this morning

Deputy Chief Command · 11-19-2013, 06:37 AM

Quote:

Originally Posted by Phoenix

kind of wish i had bought them when i saw them years ago..or even when franck said to
bought then sold now
booyah

even a 5k investment would be sweet

hmm, yeah, whatever happened to that crazy dutch guy and his stupid BTC investment plans?? he on some tropical island somewhere living it up? or sold all his BTC when it hit $20 first time

11-18-2013, 06:08 PM	#1
MrMaxwell Too lazy to set a custom title Industry Role: Join Date: Jul 2005 Posts: 10,057	How is bitcoin value getting so high if people are still mining them like crazy? Something does not "add up" here Who is going to be the first to offer to facilitate trade of fractional coins? Last edited by MrMaxwell; 11-18-2013 at 06:10 PM..

11-18-2013, 06:14 PM	#2
TampaToker Confirmed User Join Date: May 2006 Location: Tampa Posts: 5,827	how do you figure people mining them like crazy? __________________ Icq 247-742-205

11-18-2013, 06:18 PM	#4
CAHEK C.C.C.P. Industry Role: Join Date: Aug 2003 Location: Novorossiya Posts: 6,862	$900 per coin __________________ Pharma from True-Meds. High converting shop in Europe and USA, fast payouts via BTC !!!

11-18-2013, 06:20 PM	#5
Penny24Seven So Fucking What Industry Role: Join Date: Jun 2007 Location: USA Posts: 6,287	LOL it is going crazy now. I have people wanting to buy them and freaking out on me because the price of them goes up 25 dollars every single time we e-mail each other. __________________ Our site is coming soon. It will be one of the best ever! I know so. Brian and Penny

11-18-2013, 07:12 PM	#9
420 cuck Industry Role: Join Date: Mar 2003 Posts: 11,571	Here you go max, http://freebitco.in get your hustle on. __________________ <!--BEGIN SIMUTRONICS PLAY BUTTON CODE --> <p align="center"> <a href="http://buddy.play.net/dr?TMOREAU1"> <img src="drplay.gif" width="128" height="64" alt="Play DragonRealms!"></a></p> <!--END SIMUTRONICS PLAY BUTTON CODE -->

11-18-2013, 06:21 PM	#6
MrMaxwell Too lazy to set a custom title Industry Role: Join Date: Jul 2005 Posts: 10,057	Looks like the bottom is falling out "as we speak" right now

11-18-2013, 07:13 PM	#10
MrMaxwell Too lazy to set a custom title Industry Role: Join Date: Jul 2005 Posts: 10,057	Oh I thought that individuals could not trade fractions of a coin yet .. sorry

11-18-2013, 07:41 PM	#12
420 cuck Industry Role: Join Date: Mar 2003 Posts: 11,571	There is always the same amount of bitcoins mined per day. Roughly 6 blocks. That's currently 150 coins per hour. The difficulty changes to keep this constant. __________________ <!--BEGIN SIMUTRONICS PLAY BUTTON CODE --> <p align="center"> <a href="http://buddy.play.net/dr?TMOREAU1"> <img src="drplay.gif" width="128" height="64" alt="Play DragonRealms!"></a></p> <!--END SIMUTRONICS PLAY BUTTON CODE -->

11-18-2013, 09:05 PM	#13
jscott So Fucking Banned Industry Role: Join Date: Feb 2001 Location: Taipei Posts: 25,198	the bottom is falling out? LOL anyways, btc mining, i have friends who mine them and it's very expensive to "mine them like crazy"

11-18-2013, 09:14 PM	#14
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,457	kind of wish i had bought them when i saw them years ago..or even when frank said to bought then sold now booyah even a 5k investment would be sweet __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io

11-18-2013, 09:56 PM	#15
pornmasta Too lazy to set a custom title Join Date: Jun 2006 Posts: 19,055	To buy drug ?

11-18-2013, 11:13 PM	#16
MrMaxwell Too lazy to set a custom title Industry Role: Join Date: Jul 2005 Posts: 10,057	http://www.forbes.com/sites/kashmirh...nate-hearings/

11-19-2013, 01:09 AM	#17
MrMaxwell Too lazy to set a custom title Industry Role: Join Date: Jul 2005 Posts: 10,057	It was down on huge volume and now it trades back up on small volume.. odd... the way it was trading made it look heavily HEAVILY manipulated to me. All of the real sales going through at one price and a few wash trade looking prints at 30% higher prices here and there. I think the senate hearing and all of that is why it is going nuts. We'll see what happens

11-19-2013, 03:44 AM	#18
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	it's because of Chinese money flowing in, and it will take big dump soon __________________ BUY MY SIG - 50$/Year Contact here

11-19-2013, 03:57 AM	#20
jscott So Fucking Banned Industry Role: Join Date: Feb 2001 Location: Taipei Posts: 25,198	seeandsee, Haven't you been claiming bitcoins are worthless/useless since way back in the $40 range? or do i have you mixed up with someone else?

11-19-2013, 06:23 AM	#22
Penny24Seven So Fucking What Industry Role: Join Date: Jun 2007 Location: USA Posts: 6,287	I said it would be just above what it was yesterday when I wake up. If anyone wants to pay 800 per bitcoin I am selling __________________ Our site is coming soon. It will be one of the best ever! I know so. Brian and Penny

11-19-2013, 06:30 AM	#23
keysync Living the Dream Industry Role: Join Date: Sep 2011 Location: Murica Posts: 2,376	$480 this morning __________________