21–30 of 463 posts
Is this below the price where it is economic to mine? Presumably at some point the miners would have to pull the plug to avoid loosing money.
Difficulty adjusts dynamically to ensure there is always an incentive to mine.
picture of a bitcoin man on a free falling rollercoaster screaming /weeeeeeeee/ What's the purpose of that article? What can be discussed about Bitcoin and the other crypto currencies that hasn't been discussed here several times already? There is no news besides the price collapsing but that has happened before as well. But this time it's different They are saying that during a bull run and during a bear market. I d…
I stopped watching cryptocurrency prices about a year ago. The novelty wore off. These articles say “hey, that thing you forgot about is doing something interesting—give it a minute.”
Still up 500% since January 2017.
What's your point?
What I think has happened, a stop loss order of a big actor was hit by a random small move and that started a chain reaction. Totally possible.
Everything sells off this time of year. Nasdaq is down 7% on the month. It’s end of year profit-taking for tax purposes. As BTC has become completely mainstream now, this makes sense.
Everything sells off this time of year. Nasdaq is down 7% on the month. It’s end of year profit-taking for tax purposes. As BTC has become completely mainstream now, this makes sense.
Earlier quoted context omitted.
What about $35 and $250?
Innovators. No one really heard of Bitcoin prior to the $1000 pump.
I was there the week it was released. Lost 100 bitcoins to a hard drive crash and never looked back. They use to literally hand them out like candy. Mt gox happened and I never took it seriously ever again.