|
another dump?
I hope the US likes buying cheap coins when they wake up.
|
|
|
|
A thing not seen since previous bull market is the big green dildo's after dumps.
Market seems to move slower
Constant FUD, not getting a chance. |
|
|
|
What the hell are they up to? @tier10k The agricultural bank of china released an announcement saying any customers dealing with crypto will have accounts closed 15 mins later it appears they deleted the notice 2021 getting rugged by the third largest bank in the world https://twitter.com/tier10k/status/1406872732940308480?s=21  I can't wait till the chinese fuck off entirely. I've been wishing that for 5 years though so will probably never happen. |
|
|
|
That was a fast $1k drop, hmm..
Yeah, not good. I can't see us holding onto the 30s for much longer. If it does go down hopfully it snaps back quickly. |
|
|
|
|
Would someone give btc a couple viagras, damn thing just can't stay up.
|
|
|
|
Chinese miners crackdown, energy FUD, Goldman Sachs shorting, stock market tanking and dragging Bitcoin down with it.
Crazy how sentiment changed so quickly.
Is goldman shorting bitcoin? I was the one who deleted it to spare negativity. This sucks but we can't do nothing about it besides waiting for the rebound. Saw great indicators it wil happen but it has been postponed for now.  I'm not seeing anything in there that says they are shorting the market. Just that they will be offering exposure to clients through Galaxy Digital. |
|
|
|
Chinese miners crackdown, energy FUD, Goldman Sachs shorting, stock market tanking and dragging Bitcoin down with it.
Crazy how sentiment changed so quickly.
Is goldman shorting bitcoin? |
|
|
|
 PlanB @100trillionUSD Bitcoin is below $34K, triggered by Elon Musk's energy FUD and China's mining crack down. There is also a more fundamental reason that we see weakness in June, and possibly July. My worst case scenario for 2021 (price/on-chain based): Aug>47K, Sep>43K, Oct>63K, Nov>98K, Dec>135K  https://twitter.com/100trillionusd/status/1406577006230245376?s=21I hope he is right and I think he will be, but, he must be thinking somewhere in his mind that his model may no longer be working. I suspect that we just need to clear all this Chinese shit out. Their miners need to be completely shutdown, or moved before this thing settles. God knows how much longer that will take. I'm also wondering what happens with the Greyscale trust, I heard that 650million will be unlocked from there next month. I don't know if that is BTC or USD. If things go bad, I wouldn't be surprised to see 15k even if only for a very short time. Markets are worried right now, if a sell of happens BTC will go down too. |
|
|
|
So, weekend dump for ants? More cheap coins to MS.
Its kind of amzing really, every weekend has a dump. Might just be for ants, but a dump none the less. Also, haven't heard if MS have bought yet, I wonder if they are entering slower this time and perhaps closer to the lows. |
|
|
|
what site is this? or is it from your node? Its from mempool.space |
|
|
|
odd action on the mempool  |
|
|
|
But, but, my nocoiner acquaintances told me India banned bitcoin. |
|
|
|
I should have left the bottom part off... I was just having fun with the line tool. What I was seeing was a bullflag.  I think ours wants to go to 38750-ish Ah gotcha, yep thats what it is. Jeebus, please someone throw a cold glass of water on me.
For some reason I went into /r/btc and started posting in there. I feel like I was swarmed by zombies.
But also, I have to admit, I kind of like how mad they are. I am sorry they are losing, but I did not pick their side for them.
lol, I should check it out for a laugh. |
|
|
|
|
If anyone here is keeping an eye on the mempool like I am you would have noticed a huge increase in transactions today. For the last few weeks we have pretty much been running empty blocks. Number of tranasactions in the pipeline has been sitting below 2000 for a good portion of the time and often into the hundreds at certain stages.
Well, today the number of transaction rocketed up to over 40,000 (currently above 20k). This could mean 2 things, someone has spammed the network in a massive way after the El Salvador announcemnet to make it look like demand for Bitcoin has returned. Or demand has actually returned. Considering the bounce in the price it may very well be the second option. To see if we get any follow through on this recent event we should see continued high transaction numbers. Keeping an eye on new short-term holder addresses is also a good way to confirm the demand, an increase in these addresses would mean an increase in demand for BTC again.
Fingers crossed this all keeps up, because if it does a bottom has been put in place.
|
|
|
|
Speaking of Volcanos... Tee hee...  *EDIT!* Oh wow... I would love to take credit for this... but it really was the volcano.  Shouldn't be a triangle though but rather a down channel. |
|
|
|
lets see if this channel holds  |
|
|
|
|
Yes this day is a cause for celebration and others will follow. Also note this is Bitcoin, not crypto, not some kind of shitcoin, but Bitcoin. And they will be focusing on the Lightning network.
|
|
|
|
Up up up !
Hopefully this time it stays up. If it stays up for more than four hours, consult a doctor. Wrong. Consult a brothel is what you do. |
|
|
|
Up up up !
Hopefully this time it stays up. |
|
|
|
https://twitter.com/nayibbukele/status/14016225483963146311. Great weather, world class surfing beaches, beach front properties for sale.
2. One of the few countries in the world with no property tax.
3. No capital gains tax for #Bitcoin, since it will be a legal currency.
4. Immediate permanent residence for crypto entrepreneurs. ... damn this sounds tempting. Will be really interesting to see what happens next with El Salvador welcoming the 'smartest people in the room'. There'll probably be a fight first though, IMF and USA have allready contacted El Salvador about it all apparently. You never know, El Salavador might have some freedom coming their way, before we can all relocate there. Unless USA and IMF wants to be hated by the whole world, they'd be smart to leave this one alone. Hang on, are you saying that the US and IMF aren't already hated? More countries will follow, so if you wait you can pick another country of your choise, they will compete for those smart people.
Yep there will be at least a couple more. Purely as a way for those countries to get new capital investment from the space. |
|
|
|
|
Show Posts
