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BitBustah
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November 25, 2018, 05:06:14 PM |
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Looks like a lot of greed in this thread, people waiting to buy in for absurdly low prices that will never be touched again.
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TheCactus
Newbie
 Offline
Activity: 28
Merit: 10
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November 25, 2018, 05:09:24 PM |
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I'm saying my goodbyes. Give me a minute...
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bones261
Legendary
Offline
Activity: 1806
Merit: 1823
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November 25, 2018, 05:10:29 PM |
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Doesn't Bitmain mine at 0.05/kwh? Or possibly even lower with some type of govt subsidized power? I've never seen anyone claim Bitmain mines with electricity that high. If Bitmain was mining at 0.08/kwh, then you would have actual mining in the US, and places like KNC wouldn't have gone under. This would be a great Trump Tariff target...
It is a Trump tarrif target. People now have to pay an additional 25% tarrif on ASICS from Bitmain in the US. |
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nutildah
Legendary
Offline
Activity: 2254
Merit: 5149
Honey badger still don't care.
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November 25, 2018, 05:23:16 PM Merited by BobLawblaw (1) |
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Reading this thread right now is like watching Statler and Waldorf narrate the apocalypse.  Glad to be here. |
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ninobtcx
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November 25, 2018, 05:28:38 PM |
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The bottom will be somewhere around 10x BCH price
1.6k is to be expected.
I won't completely rule anything out, but I suspect that we'll never drop below $2k. While we're likely to touch $3k, I think that anything below $3k is upwardly-unstable.
In the absence of some underlying catastrophe, the absolute floor IMO is $700, which is where we were 1.5 years ago. But many of the gains since then were real & fundamental.
Who to trust most regarding price speculation? I think I’ll go with theymos tbh! Haha indeed. Sound analisys by theymos. |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4386
Be a bank
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November 25, 2018, 05:28:55 PM |
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Don't leave us, TheBrigadier, your misunderstandings of theymos' words are our only lols.
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vapourminer
Legendary
Offline
Activity: 3374
Merit: 2057
what is this "brake pedal" you speak of?
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November 25, 2018, 05:29:06 PM |
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don't you people have jobs to go to?
Who works on a Sunday? lotta people in medical work every other weekend. |
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jojo69
Legendary
Offline
Activity: 2226
Merit: 2894
1/21000000 , the only math you need to know
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November 25, 2018, 05:31:58 PM |
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Reading this thread right now is like watching Statler and Waldorf narrate the apocalypse. Glad to be here. "It's like a kind of torture...to have to watch this show" |
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TheCactus
Newbie
Offline
Activity: 28
Merit: 10
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November 25, 2018, 05:41:03 PM |
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Don't leave us, TheBrigadier, your misunderstandings of theymos' words are our only lols.
If we crash fast enough I might be back. Otherwise, I wish you the best in your many undertakings. |
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wayna
Jr. Member
Offline
Activity: 103
Merit: 3
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November 25, 2018, 05:46:55 PM |
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I was looking about an Italian trader on youtube and he was talking about 2 alert zones (1 week ago)
1st 3000-3800$, if this range will be broken he thinks
2nd 1145$
Do you really think it can go so low?
I won't completely rule anything out, but I suspect that we'll never drop below $2k. While we're likely to touch $3k, I think that anything below $3k is upwardly-unstable. In the absence of some underlying catastrophe, the absolute floor IMO is $700, which is where we were 1.5 years ago. But many of the gains since then were real & fundamental. Practically, this means we will have another dip before returning to something around 4.5k. Remember guys that at 2017 fall the price pumped up. Something will happen and we already had 4 dumps so far  |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4386
Be a bank
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November 25, 2018, 05:52:07 PM |
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Don't leave us, TheBrigadier, your misunderstandings of theymos' words are our only lols.
If we crash fast enough I might be back. Otherwise, I wish you the best in your many undertakings. Nuts |
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TheCactus
Newbie
Offline
Activity: 28
Merit: 10
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November 25, 2018, 05:55:43 PM |
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Don't leave us, TheBrigadier, your misunderstandings of theymos' words are our only lols.
If we crash fast enough I might be back. Otherwise, I wish you the best in your many undertakings. Nuts I'm not trying to be smug. I'm not mentally equipped to lose everything. You must see that |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4386
Be a bank
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November 25, 2018, 06:03:02 PM |
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stfu kaeltr^ Don't leave us, TheBrigadier, your misunderstandings of theymos' words are our only lols.
If we crash fast enough I might be back. Otherwise, I wish you the best in your many undertakings. Nuts I'm not trying to be smug. I'm not mentally equipped to lose everything. You must see that No no I'm sad, is all. I kinda see it and I kinda believe you this time. But I don't get it. |
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LFC_Bitcoin
Legendary
Offline
Activity: 2576
Merit: 5320
One of the world's leading Bitcoin-powered casinos
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November 25, 2018, 06:08:21 PM |
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Going to wait until Wednesday before I buy again, I want to see how the market reacts early in the week.
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becoin
Legendary
Offline
Activity: 2954
Merit: 1108
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November 25, 2018, 06:11:08 PM |
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SV Cash is the only shitcoin that is pumped during recent bitcoin sell off. CSW is parting with his bitcoins and that is good news!
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mindrust
Legendary
Offline
Activity: 2296
Merit: 2162
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November 25, 2018, 06:11:58 PM Merited by LFC_Bitcoin (1) |
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Going to wait until Wednesday before I buy again, I want to see how the market reacts early in the week.
I'll throw another $200 (maybe $500 but its unlikely, already bought too much this month and almost all them was above 6k ) tomorrow. If we are not going to buy the fucking dip as WO veterans, who else? |
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Bitcoinaire
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November 25, 2018, 06:12:50 PM Merited by empowering (20) |
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This kind of feels like capitulation without the bounce.
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realr0ach
Sr. Member
Offline
Activity: 924
Merit: 311
#TheGoyimKnow
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November 25, 2018, 06:21:01 PM |
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I'm not trying to be smug. I'm not mentally equipped to lose everything. You must see that
How do you rationalize sitting through the entire rise and fall then selling everything right now? The time to cut your losses was LONG AGO. Your only choice is stay in and ride it to zero and pray Bitmain attempts to pump and dump it higher. If you can handle a 80% drawdown, then what's a 90%, or 99%? Hell, it's all the same at this point. Besides, I need lots of hodlers to hoard these stupid things and be ready to dump them on whoever tries to pump next to suppress the price. I don't believe many hodlers have sold at all, so the plan is fully intact so far. We need so many hodlers that when the price rises from $0 to $1, a giant mob of people forms screaming "HOLY SHIT IT'S MY OPPORTUNITY TO EXIT" then plunges it back down to zero again. A fast drop was also the #1 best possible way to keep the hodlers in to accomplish this plan. On a slow drop, too many would have bailed out on the way down. Now they're all trapped. |
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bones261
Legendary
Offline
Activity: 1806
Merit: 1823
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November 25, 2018, 06:21:09 PM |
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SV Cash is the only shitcoin that is pumped during recent bitcoin sell off. CSW is parting with his bitcoins and that is good news!
I don't know. CSW has quite a few fanbois. It is very possible much of the propping up of price and hashrate is being funded by his minions. |
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