AR_fan
Jr. Member
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Activity: 49
Merit: 6
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November 25, 2018, 03:19:58 PM |
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Looks like the scammers at Bitmain are trying to rig the market above their cost of production now. This is how you get the long, drawn out bear markets. They'll do this for months until finally giving up and then it just slowly grinds lower with various miners going bankrupt just like last time. Now the market is entirely just random slobs trying to profit off forecasting when and where Bitmain will attempt to rig it to. If you attempt to trade it, you have to figure out if Bitmain actually wants the price to go up, or if they're trying to keep it lower to bleed out competitors first.
r0ach, are you currently invested in bitcoin or do you plan to in the future? Genuine question, just curious. You don’t have to answer but I’m sure that it’s not just me wondering. he'll buy back once price has been flat and boring for a while like all smart money. i'm sure he'll come tell us that once that happens. he did say it in 2015. i'm betting market will turn bullish end 2019, until then unfortunately its what he says... you're jut buying a falling knife hoping the entity controlling the price turns the engine back up. only way to make money in this market is to treat it as a scam market. its a sad state of affairs, but it is as it is. @roach, whats your bet on GS next move on crypto? do you think they exit? do they pump ETH again? I'm betting on ZCASH for the biggest gains if we ever have a bull run again. Its barely touched, not many people that can dump on them, entirely controlled, completely scammy but with good and clean marketing image. Seems like a perfect tool to me.
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xhomerx10
Legendary
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Activity: 3976
Merit: 8655
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November 25, 2018, 03:29:39 PM |
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Somebody is getting lazy with their updates so I'm cutting their grass for them Feb 6th 2018 the sentiment indicator was at 8 - lowest so far.
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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November 25, 2018, 03:36:20 PM |
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jojo69
Legendary
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Activity: 3304
Merit: 4543
diamond-handed zealot
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November 25, 2018, 03:40:34 PM |
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don't you people have jobs to go to?
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Spaceman_Spiff_Original
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November 25, 2018, 03:43:17 PM |
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Spaceman i must say we do not experience a DIP the same Haha, no I meant that I found it weird that nobody had commented for 15 minutes in such a volatile period.
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Kylapoiss
Sr. Member
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Activity: 616
Merit: 292
I don't know where I'm going, but I'm going.
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November 25, 2018, 03:46:56 PM |
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don't you people have jobs to go to?
Who works on a Sunday?
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xhomerx10
Legendary
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Activity: 3976
Merit: 8655
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November 25, 2018, 03:47:59 PM |
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don't you people have jobs to go to?
Who works on a Sunday? I work 2 out of 5 weekends ;( edit: not today though - decorating for Christmas today.
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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November 25, 2018, 03:52:07 PM |
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don't you people have jobs to go to?
No? Bitcoiners, we have money.
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jojo69
Legendary
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Activity: 3304
Merit: 4543
diamond-handed zealot
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November 25, 2018, 03:52:43 PM |
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don't you people have jobs to go to?
Who works on a Sunday? sigh me, I work on a Sunday
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Kylapoiss
Sr. Member
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Activity: 616
Merit: 292
I don't know where I'm going, but I'm going.
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November 25, 2018, 03:54:15 PM |
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don't you people have jobs to go to?
Who works on a Sunday? I work 2 out of 5 weekends ;( edit: not today though - decorating for Christmas today. Sorry man.. Well, lets hope this "imaginary valueless token © r0ach" will get out of the dump and go to the moon where it belongs, so you can have an early retirement Or you can start your own hat business!
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realr0ach
Sr. Member
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Activity: 924
Merit: 311
#TheGoyimKnow
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November 25, 2018, 03:54:46 PM |
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@roach, whats your bet on GS next move on crypto? do you think they exit? do they pump ETH again?
I have no idea, as I used to keep track of who owned what and such in altcoins, but don't anymore. GS probably knew ETH was a dud from reading posts from me + Anonymint back in the day but pumped it anyway because there was lots of greater fool ETH cultists to dump on. Maybe they dumped it all already except for a little bit and have no motivation to screw with it anymore. The only other person I know of who kept track of stuff like that who apparently had the same numbers and information as me is:
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gentlemand
Legendary
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Activity: 2590
Merit: 3014
Welt Am Draht
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November 25, 2018, 03:55:30 PM |
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don't you people have jobs to go to?
I found school rather tiring so I'm still winding down 25 years later. I may feel ready for a job somewhere around 2045.
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coinlocket$
Legendary
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Activity: 2506
Merit: 1517
#1 VIP Crypto Casino
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November 25, 2018, 03:57:13 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?
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Kylapoiss
Sr. Member
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Activity: 616
Merit: 292
I don't know where I'm going, but I'm going.
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November 25, 2018, 03:57:47 PM |
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don't you people have jobs to go to?
Who works on a Sunday? sigh me, I work on a Sunday Do you like to work on a Sunday? If yes, then no probs, if not, then you must do something about it I like to make my own schedule and working on a Sunday rarely fits in it.
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maser82
Jr. Member
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Activity: 36
Merit: 2
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November 25, 2018, 03:59:44 PM |
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Looks like the scammers at Bitmain are trying to rig the market above their cost of production now. This is how you get the long, drawn out bear markets. They'll do this for months until finally giving up and then it just slowly grinds lower with various miners going bankrupt just like last time. Now the market is entirely just random slobs trying to profit off forecasting when and where Bitmain will attempt to rig it to. If you attempt to trade it, you have to figure out if Bitmain actually wants the price to go up, or if they're trying to keep it lower to bleed out competitors first.
If the chinese Bitmain have something to do with this price dip it looks like they still have some margin to dip it a little more based on their last Antminer s15 and its 28TH/s with 1596W and 0.08c/kwh (China average electricity price)
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InvoKing
Legendary
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Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
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November 25, 2018, 04:00:51 PM |
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don't you people have jobs to go to?
That awkward moment when asking WO boys if they have a job to go to
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realr0ach
Sr. Member
Offline
Activity: 924
Merit: 311
#TheGoyimKnow
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November 25, 2018, 04:04:43 PM |
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Looks like the scammers at Bitmain are trying to rig the market above their cost of production now. This is how you get the long, drawn out bear markets. They'll do this for months until finally giving up and then it just slowly grinds lower with various miners going bankrupt just like last time. Now the market is entirely just random slobs trying to profit off forecasting when and where Bitmain will attempt to rig it to. If you attempt to trade it, you have to figure out if Bitmain actually wants the price to go up, or if they're trying to keep it lower to bleed out competitors first.
If the chinese Bitmain have something to do with this price dip it looks like they still have some margin to dip it a little more based on their last Antminer s15 and its 28TH/s with 1596W and 0.08c/kwh (China average electricity price) 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...
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El duderino_
Legendary
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Activity: 2646
Merit: 12974
BTC + Crossfit, living life.
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November 25, 2018, 04:09:03 PM |
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My btc friend having a small party as well but don’t feel to go for long today, just gonna hear his side of whats happening-thoughts via Imgflip Meme Generatorvia Imgflip Meme GeneratorPfffff hodlers life i guess Cheers nocoiners
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realr0ach
Sr. Member
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Activity: 924
Merit: 311
#TheGoyimKnow
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November 25, 2018, 04:11:11 PM |
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My btc friend having a small party
Trollgoossens real-time chronicle of phantom wealth evaporating.
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mindrust
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Activity: 3388
Merit: 2508
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November 25, 2018, 04:27:09 PM |
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I really don't believe the fud about hitting 2k, fudsters are out in full force trying to get everyone to dump their coins on the cheap. I believe bottom was already hit and we will never see those lows again. There is just too much uncertainty in government currencies for bitcoin not to keep growing.
You under estimate the latitude available to the "price discovery" process. The market will dump until every last drop of profit is extracted and only die-hard hodlers are left. It's only 20 months since we were at $1k and that level can easily be retested legitimately. Expect the unexpected. Trace Mayer also says the same thing. According to him there are many "hodlers of the last resort" who'll be hodling this no matter what happens and they'll even be increasing their stash during the process. This is why btc didn't go lower than 3 digits in 2015. There are die hard hodlers.
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