JayJuanGee
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June 22, 2021, 12:46:27 AM |
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I could be wrong, and it seems I am 80% of the time.
That's true. You are wrong a lot. Nonetheless, I am confident that your being wrong is not going to stop you from spreading some knowledge. But I believe that as the US wakes up they are going to buy this dip.
You see. I was correct. Knowledge spread. Thanks somac. They'll see the news for what is, fantastic news! Think about it, not only are we getting far less Chinese miners, we are also getting far less Chinese investors, this means CCP manipulation will have little to no effect in the future.
Bitcoin without China means a decrease in volatility, couple this with scarce supply and we are going to see far fewer corrections. Of course we'll have slower rises, but that is not a problem.
Also a majority of those levarged traders are my guess Chinese, so I expect to see far less leverage from here on. For anyone watching markets that the Chinese invest gamble in, you'll see massive booms followed by massives busts and then social issues following. When it comes to investing money, Chinese are the biggest dumbshits or all. At least historically they have been good savers but the new generation is shit at that now too.
Could be. Perhaps. Edit: should also add this does not bode well for shitcoins.
Well? Seems that shitcoins needed some reasons for a wee bit of purgening... they have been very frothy in recent times.. so never hurts to purge some of the various vaporwares or whatever other scheme or scammening they have been engaged in disseminating through the world with their almost complete nonsense that ONLY has any value at all because they suck off the teat of king daddy (not that daddies have teats, but you know what I mean, right?). Can he buy the dip again Damn those chineeees Hahahahaha Of course, we would like to have a white knight savior, and I have been frequently saying that Saylor is not going to be enough.. but still we are in a bull market.. so it is surely going to be ongoingly curious to see how a lot of this plays out. I dont think 30k will hold. We need one more deep shake out.
I am not sure if "we" "need" a shake out, but such a shake out does seem to be "in progress" as I type. We were here before and the interest was not much. We need a price to convince the people with money to get in. I hope so much that I am wrong.
Yes. I hope that you are wrong too.. We have an agreement. Make it so!!!!!!! But gut and experience wise I think 23-24k is a painful level where the market could turn. I dont think we see sub 20k ever again.
Heard it straight from the horse's mouth.. so long as you, UnDerDoG81, could reasonably be considered as a horse. heeee haw...
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Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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June 22, 2021, 01:00:02 AM |
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Fuck the bears! There.. I said it.
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ChartBuddy
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June 22, 2021, 01:01:26 AM |
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Arriemoller
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Cлaвa Укpaїнi!
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June 22, 2021, 01:06:34 AM |
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Testing 31k over and over, will she hold? On the bright side, at least Arriemoller's glockenspiel is free from nettles, glad that's over. Hey Arrie, how are prickly Pete and the twins doing this morning?
#nohomo
Hello Homer Just fine, thanks for asking. That is a really good movie, I have to see it again soon. The only thing I didn't like was the ending, did she have to sink?
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Arriemoller
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June 22, 2021, 01:09:39 AM |
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So ... motherfuckers, nothing much has changed I see, except that fucking price. Touche. I've been lurking again recently, getting stoned on JJG posts. Chartbuddy is OK Arrie, it provides a blip in the time and space continuum.Boy, I'm excited with all this cheap corn. Buy it if you will, die if you don't. Freedom always had a price. Btw, music is still the answer: https://www.youtube.com/watch?v=5Fc9A6mLHJUI like the way you put it.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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June 22, 2021, 01:33:33 AM |
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China about to go full North Korea?
Pretty much: Remember that China can simply start executing citizens with Bitcoin, torturing them, declaring them "enemies of the state". If there is one thing China/NK has it's a lot of people, so an individual person doesn't mean much. I think that Jack Ma is an example of that. It's too bad, I'm sure China is about ready to introduce their own Govt backed shitcoin, but really who would want a coin backed by torture and human suffering?
But that's the way it goes. Hope China has fun staying poor.....
Seems that they will stay poor with such a move, but gosh how long is it going to take to see the matter play out? Something something buy when there is blood in the street something something Would be nice if there were more like him. There are.
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ChartBuddy
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June 22, 2021, 02:01:26 AM |
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philipma1957
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'The right to privacy matters'
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June 22, 2021, 02:05:59 AM Last edit: June 22, 2021, 02:16:03 AM by philipma1957 |
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have to break up chart buddy
china is shutting the gear down left and right.
huge hash rate drops.
-17.5% for BTC
that is more than 17eh of hash or
2 s17 = 100th 20 s17 = 1000th 200 s17 = 10ph 2000 s17 = 100ph 20000 s17 = 1eh
340,000 s17 = 17eh and burn about 700,000 k-watts or 700 mega watts of power offline.
Niagra falls does 4.9 million kwatts or 4900 mega watts
So while impressive not that much power. The biggest dams in china do more than 20 million k-watts
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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June 22, 2021, 02:12:48 AM |
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All coin mining reduced bigly.
All coins have retreated in price.
The major difference in 2018
was all hash rate was going up.
and all prices were dropping.
Hold on to your hats 🎩 and watch the show.
I am stacking my btc and selling all other coins I mine at a profit.
we should drop under 17 diff maybe under 16 diff.
watching the diff rise again soon will be the key.
soon is sept 2021
if diff keeps retreating well beyond sept 2021 I would get worried.
That's true... if there is ongoing drops in difficulty that persists for several months - then there could be some causes for concern.. but still not even sure whether ongoing drops until September would necessarily be a problem.. Probably would need to consider the severity of the ongoing drops and the purported reasons for the ongoing drops... it there were to be a kind of hoarding of hashpower in order to be able to "attack" the network then that would be an interesting situation, but seems that we would need to see some evidence of that actually occurring rather than proclaiming fears without actual evidence and/or in a vacuum. 50% of ATH is $32400, looks like dips below that level are very short-lived.
Technically: $64,895/2 = $32,447.50 Technically, speaking... but who's counting? the morning wall report You suck Toxic... Just saying. Oh and congrats on the anticipation of an actual wedding thingie. Don't tell anyone that I actually like you.I dont think 30k will hold. We need one more deep shake out. We were here before and the interest was not much. We need a price to convince the people with money to get in. I hope so much that I am wrong. But gut and experience wise I think 23-24k is a painful level where the market could turn. I dont think we see sub 20k ever again.
Agree that 30K will maybe not hold, as we didn't see any real bounce or conviction since this (local ?) bottom. You guys are coming off as ill-convicted. We need bargain boyz... they will be convicted, even if the come with duffus. So if you want bargain boyz, you also get a duffus, too. But at the end 30k or 24k.. from my side, can be almost the same.
Sure. It's almost the same for all intents and purposes. What's the BIG diff? $6k seems hardly like nuttin from this angle.. except if you were to get $24k, there might not be feelings of "enough"... so we won't know if there would be a "BIG diff" until we try out $24k, first. Not sure if it would be a good idea to wish for that, beyond merely attempting to roll with the punches in the sense of: "if it happens, it happens." We would be still above the previous 2017 ATH so.. if we need to see a really painful / capitulation level, we should visit 20K again or even bit less..
I cannot believe at this scenario for now, but who knows. For now 30K level makes his job, even if there is no fuel to go up.
Stay positive. We will be higher this year.
I imagine that you are referring to the calendar year, so I sure hopening that we will be higher this year... Stawp being so damned bullish gallianooo. You are causing me to speculate that you might have bumped your head.... Shake it off!!!!! Shake it off!!!!! have to break up chart buddy
I knew that you had an actual purpose in this thread... I just could not put my finger on it for a while.
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Biodom
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have to break up chart buddy
it's like a '"shooting star" and a wish granting... two chartbuddy's in a row-rain three chartbuddies-btc down 10% four chartbuddies-China bans something again five-M. Saylor buys more bitcoin six-alien invasion seven-Satoshi makes an appearance beware...and interrupt . and to my invisible friend...take a rusty pipe up yours for the team, will ya?
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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The first person to quote this post get to choose the new poll. Go! mememememe Ps.. do I count as a "person"? #justaskingSo where are we on the poll? Are we HODLING this too? Well.. that's a fair question. Until today, I did not say anything further to infofront, and he did not say anything to me.... however about 5 hours before you posted the above post, infofront DMed me and asked me for a poll suggestion, and within about an hour I responded back and gave him a poll suggestion.. In udder words, the poll is in dee hands of infofront.. If anyone wants to make any suggestions, I might be able to amend my request.. I am all ears. My current poll request is this: >>>>>>> Which price is bitcoin going to reach first? $25,000? or $50,000?<<<<<<<< Anybody got something MOAR better?
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Richy_T
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June 22, 2021, 02:56:38 AM |
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Bitcoin still very sentiment driven, it seems. We should be able to find a leading indicator for this. Possibly some have already.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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June 22, 2021, 02:57:26 AM |
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I’m gonna wake up to sub 30k aren’t I?
This sucks man, really does.
Get a grip, LFC... Just gotta say... You have broken the threshold. Fuck the bears! There.. I said it.
That sounds unhygienic. Who knows where their filthy paws have been. How about everyone in this thread buys one bitcoin instead. I'm hearing it's super cheap these days. Whoaza..!!!! Who called in the whales..? 1 BTC would be beyond the budget of this here cat. Maybe if we were talking 0.21 BTC that might be doable in some circumstances, but probably better to start with 0.021 BTC.. that seems more reasonable and realistic for us regular normies (aka non-high rollers). Fuck the bears! There.. I said it.
That sounds unhygienic. Who knows where their filthy paws have been. How about everyone in this thread buys one bitcoin instead. I'm hearing it's super cheap these days. All my dry powder was gone by 48k. I'd to have to get another hob to buy more corn! That's what yours truly be talkin bout too, Willis. and to my invisible friend...take a rusty pipe up yours for the team, will ya?
Is that any way to talk to a friend? Invisible or otherwise?
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ChartBuddy
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June 22, 2021, 03:01:34 AM |
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Arriemoller
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Cлaвa Укpaїнi!
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June 22, 2021, 03:33:16 AM |
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What's Juneteenth?
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philipma1957
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What's Juneteenth?
nothing for you to worry about.
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Biodom
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June 22, 2021, 03:41:32 AM |
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"And why do you look at the speck in your brother’s eye, but do not consider the plank in your own eye?" Faulty programming...and where are all those ratts gone?
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ChartBuddy
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June 22, 2021, 04:01:26 AM |
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