El duderino_
Legendary
 Offline
Activity: 2506
Merit: 12066
BTC + Crossfit, living life.
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October 23, 2019, 12:45:12 PM |
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 Just to be on-topic for a minute, so no one can say that I never was, I think we're not going much lower for quite a long time, if ever. We may briefly touch $7700 but that's it. I'll even put my name on it.  Quoted   |
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somac.
Legendary
Offline
Activity: 2057
Merit: 1188
Never selling
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October 23, 2019, 12:45:22 PM |
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damn those red candles
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_javi_
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October 23, 2019, 12:48:17 PM |
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aaaaand we are at June 2019 prices..  go BTC go ! (to the upside plz) |
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NeuroticFish
Legendary
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Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
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October 23, 2019, 12:48:38 PM |
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So long "bottom at 7700$"  Black Friday anyone? |
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vroom
Legendary
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Activity: 1302
Merit: 1681
a Cray can run an endless loop in under 4 hours
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October 23, 2019, 12:49:14 PM |
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qwizzie
Legendary
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Activity: 2548
Merit: 1245
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October 23, 2019, 12:49:29 PM |
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$7451 on Bitstamp .. lets see if that was the bottom or not.
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somac.
Legendary
Offline
Activity: 2057
Merit: 1188
Never selling
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October 23, 2019, 12:50:53 PM |
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6500 is apparently cost of production these days, it will be interesting to see what happens if bitcoin gets to those levels.
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_javi_
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October 23, 2019, 12:54:18 PM |
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6500 is apparently cost of production these days, it will be interesting to see what happens if bitcoin gets to those levels.
Cost of production depends on many factors worldwide. Many miners are already working with no profit at this level. |
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somac.
Legendary
Offline
Activity: 2057
Merit: 1188
Never selling
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October 23, 2019, 12:58:21 PM |
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6500 is apparently cost of production these days, it will be interesting to see what happens if bitcoin gets to those levels.
Cost of production depends on many factors worldwide. Many miners are already working with no profit at this level. Yeah maybe, but they would be miners on the margin. Hash rate is at a high and difficulty hasn't dropped yet so there has been no miner capitulation of note yet. |
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dragonvslinux
Legendary
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Activity: 1666
Merit: 2204
Crypto Swap Exchange
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October 23, 2019, 01:00:41 PM |
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damn those red candles
Unless you just put in a last minute short before the breakdown  |
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nutildah
Legendary
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Activity: 2982
Merit: 7978
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October 23, 2019, 01:00:50 PM |
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Just to be on-topic for a minute, so no one can say that I never was, I think we're not going much lower for quite a long time, if ever. We may briefly touch $7700 but that's it. I'll even put my name on it. Quoted Whoops. Damn, it only took 4 hours for me to be proven wrong. If it pulls back up a couple hundred in the next hour I will continue pretending I was right. |
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somac.
Legendary
Offline
Activity: 2057
Merit: 1188
Never selling
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October 23, 2019, 01:03:25 PM |
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Just to be on-topic for a minute, so no one can say that I never was, I think we're not going much lower for quite a long time, if ever. We may briefly touch $7700 but that's it. I'll even put my name on it. Quoted Whoops. Damn, it only took 4 hours for me to be proven wrong. If it pulls back up a couple hundred in the next hour I will continue pretending I was right. better get out there and start buying then |
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bitcoinPsycho
Legendary
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Activity: 2478
Merit: 2078
$120000 in 2024 Confirmed
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October 23, 2019, 01:10:59 PM |
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Bitcoin noooooooooooooooooo
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LFC_Bitcoin
Legendary
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Activity: 3528
Merit: 9547
#1 VIP Crypto Casino
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October 23, 2019, 01:11:56 PM |
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OK so people can stop panicking & cuckolding, selling all their coins. The Grayscale news was positive, stop dumping & BTFD.
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Fatman3001
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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October 23, 2019, 01:14:40 PM |
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OK so people can stop panicking & cuckolding, selling all their coins. The Grayscale news was positive, stop dumping & BTFD.
nope  Edit: I hate Wednesdays |
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dragonvslinux
Legendary
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Activity: 1666
Merit: 2204
Crypto Swap Exchange
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October 23, 2019, 01:15:05 PM |
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OK so people can stop panicking & cuckolding, selling all their coins. The Grayscale news was positive, stop dumping & BTFD.
Copy that. Just closed out most my shorts from $8k area, already had limit order fllled at $7500  To the moon. |
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_javi_
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October 23, 2019, 01:15:39 PM |
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I know we need a shake out, V bottom or whatever to change trend.. but this dump is too much. (-6% out of nowhere)
Honey badger, you are overreacting...
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Lucius
Legendary
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Activity: 3234
Merit: 5641
Blackjack.fun🎲
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October 23, 2019, 01:16:24 PM |
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It seems to me like someone is running a "Drop BTC, buy Gold" campaign - $500 down in just a few minutes really looks very ugly. But as always, if there is no power forward, the price crashes downwards.
This is actually similar to the situation with $10k level which is hold for a long time, but at one point it couldn't stand it anymore. The same thing is happening now, only the numbers have changed.
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_javi_
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October 23, 2019, 01:17:15 PM |
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It seems Grayscale has money to burn in Ads campaigns.. good for them. thanks! |
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