ChartBuddy
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October 24, 2022, 04:01:18 PM |
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okorieemmanuel
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October 24, 2022, 04:18:58 PM |
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I don't think bitcoin price will go down. Bitcoin difficulty keeps making new all time high. Infact, it is more economical buying bitcoin when the price temporarily falls than to mine it with the present difficulty over a long period of time. Bitcoin value should be $40,000 at the current difficulty. . Hence from the current price action, if my calculations are correct, bitcoin should retake $25,000 level before next month (November) and remain stable there. Price is not a specific type of trophy that Bitcoin can fight for or grab at any given time. Because any price (including the price of Bitcoin) occurs through supply and demand in the market, not by competition because price is not a competition for Bitcoin. The price range you say does look logical for the current conditions, but it also needs encouragement from various parties so that more new people are interested in buying Bitcoin at the current price and that will obviously make the Bitcoin price push up slowly. And for price stability I think it will also be difficult for Bitcoin to happen because it is influenced by the number of trades on Bitcoin which is always very large every month. You are correct. Demand and supply is a factor to consider when dealing with bitcoin price. But mark my words, the probability of my prediction to happen is higher than you imagined. Even Bitcoin mining hardware producers had to Slash their price to encourage sales nevertheles it's still better and more profitable to buy bitcoin now than to mine it.
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Paashaas
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October 24, 2022, 04:50:56 PM |
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ChartBuddy
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October 24, 2022, 05:01:18 PM |
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ChartBuddy
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October 24, 2022, 06:01:23 PM |
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jojo69
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diamond-handed zealot
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ChartBuddy
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October 24, 2022, 07:01:18 PM |
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becoin
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October 24, 2022, 07:27:05 PM |
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Natural gas prices in EU will go even lower before inflation tsunami sweeps everything in its path. EU countries consume less natural gas because EU industrial production consumes less natural gas. EU industrial production consumes less natural gas because EU industrial production is no more. Welcome to the Stone Age, imbeciles!
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ChartBuddy
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October 24, 2022, 08:01:17 PM |
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ChartBuddy
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October 24, 2022, 09:01:21 PM |
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ChartBuddy
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October 24, 2022, 10:01:17 PM |
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OutOfMemory
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Man who stares at charts
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October 24, 2022, 10:14:10 PM |
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Bluddy Bocker
Natural gas prices in EU will go even lower before inflation tsunami sweeps everything in its path. EU countries consume less natural gas because EU industrial production consumes less natural gas. EU industrial production consumes less natural gas because EU industrial production is no more. Welcome to the Stone Age, imbeciles!
becoin You don't try to make fun of compete with our llama, or do you? EDIT: My call: The bear market won't end until ChartBuddy made five posts in a row.
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ChartBuddy
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October 24, 2022, 11:01:17 PM |
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ChartBuddy
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October 25, 2022, 12:01:22 AM |
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Greyhats
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October 25, 2022, 12:17:26 AM |
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#botscanthaiku
Not a bot, but thanks for recognising I wrote a haiku
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Toxic2040
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October 25, 2022, 12:22:59 AM |
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the evening wall report dyor bitcoin showing some moar consolidation in this range trading at mid-point of yesterdays rally...currently around $19.35kish volatility still low but rising to Sundays level as tension in this range continues to increase i do think it likely to start to resolve by next week as this yearly bottom solidifies 4h D stronghands
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vapourminer
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what is this "brake pedal" you speak of?
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#botscanthaiku
Not a bot, but thanks for recognising I wrote a haiku not a bot? yeah sure to prove you are not a bot you must smoke a lid tell us what happens when burning down that huge blunt the result will tell if human or bot or some other entity that haunts our nightmares #haiku
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Toxic2040
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October 25, 2022, 12:33:49 AM |
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#botscanthaiku
Not a bot, but thanks for recognising I wrote a haiku turing test yet to be completed... anyway..missed your effort +1 WOsMerit v the golden hour A same, enormous coin glows because of the stick
#haiku-ool
your first line is only 4 syllables unfortunately...easily fixed by added 'at' perhaps i think 'hour' messed you up...it looks like two but is in fact only one syllable
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ChartBuddy
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October 25, 2022, 01:01:17 AM |
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