somac.
Legendary
 Offline
Activity: 2038
Merit: 1172
Never selling
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June 13, 2022, 02:09:53 PM |
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Just keeps grinding down. Where are these coins coming from.
Bought at the bottom of the last grind down. Drive price down, keep price down until it's the new normal, buy coins being careful not to push price up much. Lather, rinse, repeat. Right, and where is that new normal at this time? |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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empowering
Legendary
Offline
Activity: 1078
Merit: 1441
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1 BTC = 1 BTCLiz Hurley at 57!   I would |
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AlcoHoDL
Legendary
Offline
Activity: 2352
Merit: 4127
Addicted to HoDLing!
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Celsius? First time I've even heard of it! Will people ever learn not to give their Bitcoins to centralized money-grabbers?
Sadly, no! First time I've heard of it was here in WO. There were posts about how one could earn interest on their BTC, by lending their coins to them! And there were a few fools that posted positive remarks about them. Bitcoin's most important feature is the ability to truly own it, by holding the keys to your coins. Who, in their right mind, would give that away, by transferring ownership of such a precious object to some company with a fancy-looking website promising them some interest? "Not your keys, not your coins."—proven once again. The moment those greedy coiners surrendered their coins to Celsius, was the moment they became delayed nocoiners. They never really had the mindset necessary to own and appreciate Bitcoin—and it slipped right through their paper hands. The sooner Celsius and all other similar companies go under, the better for everyone. |
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a1 Hashrate LLC2022
Member
Offline
Activity: 112
Merit: 83
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June 13, 2022, 02:16:18 PM |
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hashrate has responded with a good drop. this is important as in 2018 hashrate kept going up from jan to oct. having a nice hashrate dip for the next jump would be bucking the 2018 unwinding.  |
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somac.
Legendary
Offline
Activity: 2038
Merit: 1172
Never selling
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June 13, 2022, 02:17:04 PM |
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Nasdaq futures now heading towards a -4%
Blood in the streets soon?
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BitcoinBunny
Legendary
Offline
Activity: 1442
Merit: 2472
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June 13, 2022, 02:17:26 PM |
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Celsius? First time I've even heard of it! Will people ever learn not to give their Bitcoins to centralized money-grabbers?
Sadly, no! First time I've heard of it was here in WO. There were posts about how one could earn interest on their BTC, by lending their coins to them! And there were a few fools that posted positive remarks about them. Bitcoin's most important feature is the ability to truly own it, by holding the keys to your coins. Who, in their right mind, would give that away, by transferring ownership of such a precious object to some company with a fancy-looking website promising them some interest? "Not your keys, not your coins."—proven once again. The moment those greedy coiners surrendered their coins to Celsius, was the moment they became delayed nocoiners. They never really had the mindset necessary to own and appreciate Bitcoin—and it slipped right through their paper hands. The sooner Celsius and all other similar companies go under, the better for everyone. I remember that also. Glad I took no notice of that crap. |
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philipma1957
Legendary
 Online
Activity: 4102
Merit: 7710
'The right to privacy matters'
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June 13, 2022, 02:17:46 PM |
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hashrate has responded with a good drop. this is important as in 2018 hashrate kept going up from jan to oct. having a nice hashrate dip for the next jump would be bucking the 2018 unwinding. to fix my alt as it can not do images yet. |
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empowering
Legendary
Offline
Activity: 1078
Merit: 1441
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June 13, 2022, 02:20:06 PM |
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Nasdaq futures now heading towards a -4%
Blood in the streets soon?
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BitcoinBunny
Legendary
Offline
Activity: 1442
Merit: 2472
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June 13, 2022, 02:26:55 PM Merited by JayJuanGee (1) |
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Good luck with that.  |
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Torque
Legendary
Offline
Activity: 3542
Merit: 5039
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June 13, 2022, 02:27:51 PM |
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Fuck off troll God, my /ignore list just keeps getting longer and longer  |
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Richy_T
Legendary
Offline
Activity: 2422
Merit: 2112
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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Six months ago I'd have written this thought off as looney.
I dunno. Seems kinda inevitable really. If enough of the market is predictable, someone will find a way to exploit it. Certainly I can imagine that someone with enough wealth (possibly someone who got into Bitcoin early and had 10,000+ coins) could commission an AI with the imperative "increase my wealthusing my wealth". Normal stocks would be too risky since companies can easily make bonehead moves or be affected by other factors but pure markets like Bitcoin/crypto are potentially very programmable. Just as an aside, this is frustrating to me. Some bonehead managed to make it so some money I am expecting is tied up for an indeterminate amount of time. I've been holding off to avoid selling any Bitcoin to bridge the gap in the hope it resolves in time and it just seems to get worse and worse, That's just the game though, I guess. Fucking lawyers. |
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Richy_T
Legendary
Offline
Activity: 2422
Merit: 2112
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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June 13, 2022, 02:36:20 PM |
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1 BTC = 1 BTCLiz Hurley at 57! You'd think that by now, she could afford a new frock that didn't have to be patched up. |
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somac.
Legendary
Offline
Activity: 2038
Merit: 1172
Never selling
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June 13, 2022, 02:38:01 PM |
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1 BTC = 1 BTCLiz Hurley at 57! You'd think that by now, she could afford a new frock that didn't have to be patched up. Not if she had her money in BTC lol. |
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Wilhelm
Legendary
Offline
Activity: 1652
Merit: 1265
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June 13, 2022, 02:39:17 PM |
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Well at least you are choosing ETH which might have a higher risk reward ratio than BTC. |
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Richy_T
Legendary
Offline
Activity: 2422
Merit: 2112
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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June 13, 2022, 02:40:12 PM |
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Drive price down, keep price down until it's the new normal, buy coins being careful not to push price up much. Lather, rinse, repeat.
Right, and where is that new normal at this time? I have a sneaking suspicion we're not there yet. |
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somac.
Legendary
Offline
Activity: 2038
Merit: 1172
Never selling
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June 13, 2022, 02:41:19 PM |
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Drive price down, keep price down until it's the new normal, buy coins being careful not to push price up much. Lather, rinse, repeat.
Right, and where is that new normal at this time? I have a sneaking suspicion we're not there yet.  Well, think I'm going to end it here. Hoping price is higher than now when I look again. Good luck everyone. |
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empowering
Legendary
Offline
Activity: 1078
Merit: 1441
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June 13, 2022, 02:41:33 PM |
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Exciting times tbh ....... live for this shit
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Wilhelm
Legendary
Offline
Activity: 1652
Merit: 1265
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June 13, 2022, 02:45:38 PM |
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Exciting times tbh ....... live for this shit
Only the true believers will pass this test... The slaughter is always a phase where everything looks dire but in a year it will only be one red candle when btc was cheap  |
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BobLawblaw
Legendary
Offline
Activity: 1822
Merit: 5551
Neighborhood Shenanigans Dispenser
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June 13, 2022, 02:51:14 PM
Last edit: June 13, 2022, 03:11:18 PM by BobLawblaw Merited by vapourminer (1) |
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When bear season arrives, learn how to enjoy hibernation in your bunker while knowing your keys are secure in your possession.
Adapt. Improvise. Overcome.
Wake up in six months and check the weather sort of deal.
Going back to sleep.
Wonder who is gunna mindrust this season...
EDIT: Already stacked 0.07 additional BTC with orders on the way down. Winning.
EDIT2: 0.08 !
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