ChartBuddy
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Activity: 2142
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 23, 2021, 03:01:33 AM |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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virasog
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Activity: 2954
Merit: 1159
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May 23, 2021, 03:48:20 AM |
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Good to see BTC dominance gaining some strength once again. Seems like the end of the altseason; dog and most of DeFi tokens are gonna go -99%.
Dog will be taken care by elon musk and he wont let it down because he has the food for him (the tweets)  BTC dominance goes up in both scenarios. If bitcoin price increases, the bitcoin dominance increases but if the bitcoin is dumping fast, then also the bitcoin dominance increases. |
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Raja_MBZ
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Activity: 1862
Merit: 1505
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May 23, 2021, 03:59:25 AM |
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Good to see BTC dominance gaining some strength once again. Seems like the end of the altseason; dog and most of DeFi tokens are gonna go -99%.
Who cares... that dominance shit is fake AF. I mean - issue a quadrillion of stupid tokens and now BTC "market share" gets diluted by $100 million? Doesn't make any sense.  I agree; however, there should be a dominance calculator that uses "total available liquidity" instead of "market capitalization". For example, swaps like Uniswap are able to show the "pooled USD" for each pair. In the case you shared (ELON), it only has 2,215 ETH pooled right now, which equals only ~$5m in available liquidity. So, it's more like ~$5m cap instead of ~$129m as reported by CMC. Anyways, I guess we'll just have to keep an eye on the broken dominance chart for now. |
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ChartBuddy
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Activity: 2142
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 23, 2021, 04:01:24 AM |
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ChartBuddy
Legendary
Online
Activity: 2142
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 23, 2021, 05:01:26 AM |
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nanobtc
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May 23, 2021, 05:41:20 AM |
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Wow, much newbs here. Some are legendary.
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Wekkel
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Activity: 3108
Merit: 1531
yes
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May 23, 2021, 05:55:23 AM |
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I am throwing together a coffee powered "Saturday long post".
I am hoping these are not annoying... I could move them to Medium or something, but I prefer our little home here...
No, not annoying, please go ahead. We can handle JJG, so we definitely can handle your proza   |
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JayJuanGee
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Activity: 3682
Merit: 10127
Self-Custody is a right. Say no to"Non-custodial"
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May 23, 2021, 05:59:21 AM |
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ChartBuddy
Legendary
Online
Activity: 2142
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 23, 2021, 06:01:33 AM |
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bitebits
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Activity: 2205
Merit: 3156
Flippin' burgers since 1163.
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May 23, 2021, 06:02:13 AM |
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luckygenough56
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Activity: 1526
Merit: 1012
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May 23, 2021, 06:33:11 AM
Last edit: May 23, 2021, 06:55:58 AM by luckygenough56 |
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Good to see BTC dominance gaining some strength once again. Seems like the end of the altseason; dog and most of DeFi tokens are gonna go -99%.
Dog will be taken care by elon musk and he wont let it down because he has the food for him (the tweets) BTC dominance goes up in both scenarios. If bitcoin price increases, the bitcoin dominance increases but if the bitcoin is dumping fast, then also the bitcoin dominance increases. he couldn't save it from cracking the long lived white line tho. Lacks another hard bottom and a shoulder tho   I wonder, does this mean eth/bitcoin will have another bottom retest before making a last stand. Yes, i predict eth/bitcoin via a shitcoin chart and i'm not ashamed  im talking bear market scenario in which btc should bounce to 50k or close before capitulating (the last stand if history repeats) but it can very well resume its bullish course too. 3X the last ATH is not huge of a bubble in bitcoin terms. i would love me a quiet sideways summer tho it's been a long ride, everyone needs a break, then hopefully green fireworks in end of year. that's deep. Subliminal message from God himself via his humble human vessel |
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ChartBuddy
Legendary
Online
Activity: 2142
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 23, 2021, 07:01:25 AM |
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Wekkel
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Activity: 3108
Merit: 1531
yes
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May 23, 2021, 07:31:23 AM |
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ChartBuddy
Legendary
Online
Activity: 2142
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 23, 2021, 08:01:24 AM |
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luckygenough56
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Activity: 1526
Merit: 1012
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May 23, 2021, 08:10:46 AM |
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they really try to steal yo bitcorns no doubt |
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El duderino_
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Activity: 2478
Merit: 11909
BTC + Crossfit, living life.
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May 23, 2021, 08:22:08 AM |
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they really try to steal yo bitcorns no doubt There are stealable and unstealable bitcoins I know which are mine |
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luckygenough56
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Activity: 1526
Merit: 1012
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May 23, 2021, 08:33:22 AM |
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 should i buy more, what do you guys think ? |
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JayJuanGee
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Activity: 3682
Merit: 10127
Self-Custody is a right. Say no to"Non-custodial"
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May 23, 2021, 08:45:07 AM |
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should i buy more, what do you guys think ? Just stay in cash. You'll be fine. |
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El duderino_
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Activity: 2478
Merit: 11909
BTC + Crossfit, living life.
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May 23, 2021, 08:54:15 AM |
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should i buy more, what do you guys think ? It’s just a dumb question coming from a long time involved person... If you didn’t make up your mind at this point then it’s a bit weird actually. This question make you look like you’re afraid of buying btc for risking fiat value... |
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