bummer. glassnode no longer let's unregistered or simple users view liquid/illiquid supply graphs and numbers    |
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So you think it's just trolling?
Yeah, I mean think about it: F2Pool is also an open pool, not a single mining entity, correct? If so they have to divide those coins among the various people. They don't pocket all of the coins made, that's the whole point of a mining pool (unless it's a serious scam). So while the pool may have mined a million coins that doesn't mean the owners of the pool have a single satoshi (well maybe pool fees, but a 1% fee would be 10k coins tops over that time period). Unless they control 100% of the miners they mine on that pool they ain't got it all. PS: FPool has a 4% mining feel. Why the fuck anyone would mine there is beyond me unless it's straight PPS and even that would suck. You have some more knowledge on mining and pools than me, i guess. As mining was already beyond my scope when i entered 2017, i didn't feel the need to teach myself more than the most commonly known basics. It's an open question where the guy got his proposed 1M corn from, along other open questions resulting from his statements. We'll see answers to these questions, at least i hope so. |
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$45k incoming... nobody gives a damn...  Yawn Wake me up at $50k  |
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Only BTC900 are mined daily, he's showing f2pool's mining market share is 16.4%, that puts them at BTC147.6/day. Moving BTC40k in one day means they're moving 271days worth of their mining. Now explain the maths on how it could go on forever? Not even going into how moving coins != selling Easy. They have (according to their co-founder as named in the video) 1mil BTC reserve. They can use this to dump at higher prices (on pumps, sells set at certain level) and buy back at lower prices through short futures/options (resulting in more bitcoin in their wallets). Rinse and repeat. As explained in the video (and the preceding one on that topic from the same content creator). Again, at BTC147.6/day they'd need 18.5 years to accumulate BTC1MM without selling a single satoshi to fund their operations. Even if we pretend that they have a time machine, eyeballing the charts looks like they already transferred out about BTC90k so even then they could only do it 11more times before they're bone dry and can only supply BTC147/day for next 3 yrs after which it'll become BTC73.5/day then in 4 yrs after that just BTC36.75/day ... it's maths Dude talked about reserves, not supply. As supply was higher before past halvenings, and you consider f2pool could have pulled off some accumulation games in the past as well, then they would really have be able to hold 1M BTC in reserve. At the current price, a little part of such reserve would pay their current mining operations easily, and as we know f2pool was amongst the top expanding mining companies. So they must have had a financial edge, or they would have went broke already, from my understanding. Edited my post. They're a pool so they also pay out their miners, as far as possibility they could have BTC1MM BTC910k just as i could be stricken be the lightning right now, the chances of that happening are minimal though. Fair point. We need more data and correlate out of it what's likely going on. Side note on minimal chances: As a former regular poker player, probability has probably taught me one of the biggest lessons in life  When you get beat by a hand with >90% chance of losing after the flop, for example. This is a great vid, thx!  IIRC, (l33t) underdog pointed me to the first one, of which this is a follow-up. |
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Paranoid fear mongering.
More often than not I disagree with what you have to say. Unfortunately This post of yours may be fairly accurate. Nah MoA is leaving out that once the virus gets under control (to a certain extent), there will be far less mutations because it will live in far fewer hosts. This will, however, take for the rich countries to also provide vaccines to the poorer countries, or this will take much longer then necessary. So, it may take longer then one year but it certainly won't turn out to be this silly scenario of an endless cycle. It would likely take the route of the spanish flu. It's much less harmful mutations are still one of the common viruses nowadays, afair from a recent coverage on the radio. |
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Only BTC900 are mined daily, he's showing f2pool's mining market share is 16.4%, that puts them at BTC147.6/day. Moving BTC40k in one day means they're moving 271days worth of their mining. Now explain the maths on how it could go on forever? Not even going into how moving coins != selling Easy. They have (according to their co-founder as named in the video) 1mil BTC reserve. They can use this to dump at higher prices (on pumps, sells set at certain level) and buy back at lower prices through short futures/options (resulting in more bitcoin in their wallets). Rinse and repeat. As explained in the video (and the preceding one on that topic from the same content creator). Again, at BTC147.6/day they'd need 18.5 years to accumulate BTC1MM without selling a single satoshi to fund their operations. Even if we pretend that they have a time machine, eyeballing the charts looks like they already transferred out about BTC90k so even then they could only do it 11more times before they're bone dry and can only supply BTC147/day for next 3 yrs after which it'll become BTC73.5/day then in 4 yrs after that just BTC36.75/day ... it's maths Dude talked about reserves, not supply. As supply was higher before past halvenings, and you consider f2pool could have pulled off some accumulation games in the past as well, then they would really have be able to hold 1M BTC in reserve. At the current price, a little part of such reserve would pay their current mining operations easily, and as we know f2pool was amongst the top expanding mining companies. So they must have had a financial edge, or they would have went broke already, from my understanding. |
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Easy. They have (according to their co-founder as named in the video) 1mil BTC reserve. They can use this to dump at higher prices (on pumps, sells set at certain level) and buy back at lower prices through short futures/options (resulting in more bitcoin in their wallets). Rinse and repeat. As explained in the video (and the preceding one on that topic from the same content creator).
Doubt it. They like everyone else have to pay for power/slaves/bribes/storage/etc. So although I'm sure the mining portion of the pool has a fuckload of bitcoin it's nowhere near 1m. So you think it's just trolling? |
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Another pump brewing?  Good morning asia |
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Huuuge pump out of nowhere and then super low volume again. Lets see when this drops sub 40k again... I think within 12 hours bears will dump it down again.
50k this week... by Friday and thats being bearish Fingers crossed. But with such incredible news we should be at 100k already lol. Some news and data on f2pool dumping and how the market manipulation could go on forever: https://www.youtube.com/watch?v=4BCGruDFPyUUnfortunately, thats the weakest point of Bitcoin, like it is the weakest point of any money/value system. Its always the same. A small group owns the most and controls the rest of the 99%. In every Bullrun since 2013 we had some group manipulating the price. MtGox. Then 2017 there was the Tether printing (still going on) and now its f2pool. The thing is, i felt that most of us were welcoming BTC futures and options contracts, probably as a sign of ongoing adoption, while i had a bad feeling from the beginning. Regulation could help, but do we want that, like fighting fire with fire? EDIT: I also think that CME etc. added more gravity to price manipulation than Tether. Tether is just another electronic fiat pendant, imo. Like an experimental approach to a future e-Dollar... Could be that i underestimate Tether impact, i didn't dig into the details much, yet. |
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Can we agree instead of mentioning shitcoin speculating/mining in WO to accumulate more BTC to just say
"bought BTC"
to replace
"converted shitcoin X to BTC"
and the likes?
Because $ and € (and co.) are shitcoins as well, right?
And it's called "buying BTC" then, right?
For me, if i ever hold some shitcoin and convert it to Bitcoin, i will only write "bought more BTC", "bought this dip" or whatever in here.
It's basically the same as converting fiat to BTC, isn't it?
Would just tidy up this thread a bit more while shillers are kindly asked to GTFO, as usual.
Of course this thread initiated in regards to watching dollar btc walls.. but sure, there has been some evolutions over the years including greater appreciation that the dollar is a shitcoin.. but it is still a standard upon which we measure BTC value.. even though there have been other means of measuring BTC's value proposed through the years. I surely do not believe in the bullshit assertions that all value needs to be held in bitcoin, even though such practices might work for some people.. most people need some kind of balance of value to be maintained in one kind of fiat or another, just to accommodate the ongoing living (and even luxury) expenses that they are paying in such fiat.. whether daily, weekly, monthly or some other period in which some of their various living expenses arise. Looking far ahead, you are. And you are right, but just for reducing mentioning shitcoin names and signs, wouldn't that be a preferable consensus? Sure, BTC will (probably) never replace (all) fiat currencies, and as it seems governments start or consider to create their electronic fiat counterparts lately, which it won't be replacing either. However, just an idea on how to keep this thread a little cleaner... Of course, we can go on shouting at and batslapping each other if one shows the balls (or lacks the knowledge of WO culture) and mentions shitcoin names. Not really a problem |
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Huuuge pump out of nowhere and then super low volume again. Lets see when this drops sub 40k again... I think within 12 hours bears will dump it down again.
50k this week... by Friday and thats being bearish Fingers crossed. But with such incredible news we should be at 100k already lol. Some news and data on f2pool dumping and how the market manipulation could go on forever: https://www.youtube.com/watch?v=4BCGruDFPyUOnly BTC900 are mined daily, he's showing f2pool's mining market share is 16.4%, that puts them at BTC147.6/day. Moving BTC40k in one day means they're moving 271days worth of their mining. Now explain the maths on how it could go on forever? Not even going into how moving coins != selling Easy. They have (according to their co-founder as named in the video) 1mil BTC reserve. They can use this to dump at higher prices (on pumps, sells set at certain level) and buy back at lower prices through short futures/options (resulting in more bitcoin in their wallets). Rinse and repeat. As explained in the video (and the preceding one on that topic from the same content creator). |
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Huuuge pump out of nowhere and then super low volume again. Lets see when this drops sub 40k again... I think within 12 hours bears will dump it down again.
50k this week... by Friday and thats being bearish Fingers crossed. But with such incredible news we should be at 100k already lol. Some news and data on f2pool dumping and how the market manipulation could go on forever: https://www.youtube.com/watch?v=4BCGruDFPyU |
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Of course, but i have to go AFK now See you later, after some more green hourly candles! |
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Holy shit guys. Crazy times we live in!
This pump will be legendary if no bigger ones come around.I'm having a ball Poor you  I'm having two balls 
EDIT: Wait... this is rrrong... #nohomo I HAVE two balls Sorry |
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Round 2...
About $2000 more and the shortdumping dip of the last week is eaten up.
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Coinbase giving me the laughs  At least their site is worki ng EDIT: So it's Sir Elon Musk now, innit? |
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Stirring up the markets a bit? Binance Error 500 EDIT: WHO THE FUCK IS TRYING TO BLOW OUT THE CANDLE?!   |
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So Elon bought Bitcoin SPOT just to show his green 1.5bn dick to the world, right? I start to like him a bit. EDIT: #nohomo |
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See? I knew Elon would deliver.
Once more, the patient are rewarded.
Where TF is mindrust?
I also can't post while crying, i can understand... EDIT: *spaceXrocket.gif* |
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I understand if you grow a green dildo in your pants, but goosebumps?  Better see the doctor? EDIT: I hope the damn f2pool shortdumpers won't kill this beautiful daily candle! |
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