Bitcoin miners are at the point now if they just got their machines within the past month that they won't even see a ROI. That means they are going to start hoarding everything from this point onwards as it is not mathematically possible to see a ROI, it makes no sense to sell the coins as they will be selling at an inevitable loss. By the end of march there will be artificial scarcity on the markets due to the miners hoarding from now until then. At precisely this time we will see the a price hike of at least 2x current prices. That will spur the next wave of morons who will buy all the latest 3TH+ miners coming out 2nd QTR 2014. It is funny how the mining manufacturers time this perfectly, out of sheer luck or as a byproduct of their own self-mining greed. The process will repeat in this ever expanding pyramid. Incoming 16yo robots for the generic regurgiation of bullshit, with their 1 way linear thought patterns and toddler problem solving skills. It doesn't take a genius to understand how the market works. All of you are in denial. Lots of retards with fancy graphs that don't apply to this pyramid.
Bitcoin miners are at the point now if they just got their machines within the past month that they won't even see a ROI. That means they are going to start hoarding everything from this point onwards as it is not mathematically possible to see a ROI, it makes no sense to sell the coins as they will be selling at an inevitable loss. By the end of march there will be artificial scarcity on the markets due to the miners hoarding from now until then. At precisely this time we will see the a price hike of at least 2x current prices. That will spur the next wave of morons who will buy all the latest 3TH+ miners coming out 2nd QTR 2014. It is funny how the mining manufacturers time this perfectly, out of sheer luck or as a byproduct of their own self-mining greed. The process will repeat in this ever expanding pyramid. Incoming 16yo robots for the generic regurgiation of bullshit, with their 1 way linear thought patterns and toddler problem solving skills. It doesn't take a genius to understand how the market works. All of you are in denial. Lots of retards with fancy graphs that don't apply to this pyramid.
Its not like its causal miners spending money to buy dedicated hardware to mine bitcoins. These people already probably have mined bitcoins before and will mine at a lost for months and years. I am pretty sure at the current difficulty level most of the people mining are not the ones selling on the exchanges right now... probably holders. The price to mining difficult argument does not work too well for bitcoins.
Exactly and when all the bagholders from a previous time peroid have offloaded all their BTC (since they are happy with the current prices) then the supply goes down, as current miners are already hoarding, then the huge price spike occurs. Which is why you see months and months of relatively stable prices before the rockets take off too the moon, proof: seen time and time again.
Bitcoin miners are at the point now if they just got their machines within the past month that they won't even see a ROI. That means they are going to start hoarding everything from this point onwards as it is not mathematically possible to see a ROI, it makes no sense to sell the coins as they will be selling at an inevitable loss. By the end of march there will be artificial scarcity on the markets due to the miners hoarding from now until then. At precisely this time we will see the a price hike of at least 2x current prices. That will spur the next wave of morons who will buy all the latest 3TH+ miners coming out 2nd QTR 2014. It is funny how the mining manufacturers time this perfectly, out of sheer luck or as a byproduct of their own self-mining greed. The process will repeat in this ever expanding pyramid. Incoming 16yo robots for the generic regurgiation of bullshit, with their 1 way linear thought patterns and toddler problem solving skills. It doesn't take a genius to understand how the market works. All of you are in denial. Lots of retards with fancy graphs that don't apply to this pyramid.
Why are you here ?
I'm here to cash in like the rest of you, it's still early, haw haw haw.
nope from now until june we are in a gradual climb to $800. July 1st-10th the spike to 5-9k peak will happen, then 3k~ to end of year for the next spike sometime April 2015.