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Thread: Bitcoins are officially donkdown

  1. #7301
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by sonatine View Post
    if we drop below 30k, a reasonable potential floor here is something like 18.6k and im not kidding.
    Don’t you need to collect some fresh buyers first?

    Who’s selling at this point that will allow you to drill $30k? The dumb institutional money? That’s possible but I doubt there are any heroes on that side.

  2. #7302
    Plutonium sonatine's Avatar
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    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by sonatine View Post
    if we drop below 30k, a reasonable potential floor here is something like 18.6k and im not kidding.
    Don’t you need to collect some fresh buyers first?

    Who’s selling at this point that will allow you to drill $30k? The dumb institutional money? That’s possible but I doubt there are any heroes on that side.

    fair question. i have no idea. im just going off historic price moves /behavior here.

     
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      Sanlmar: A little volume analysis is warranted. Hey, I’m holding $41k and there are lotsa dopes like me who might just allow the drill
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  3. #7303
    Diamond TheXFactor's Avatar
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    Bitcoin miners aren't selling.
    They expect the price to rise again.

    It costs about $4k to $5K to mine one Bitcoin, depending on energy costs.



  4. #7304
    Diamond TheXFactor's Avatar
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    Federal Reserve is likely to create a digital currency: Goldman Sachs

    https://finance.yahoo.com/news/feder...164256832.html

    LOL.

    Can't be worse than the dollar.



  5. #7305
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by TheXFactor View Post
    Federal Reserve is likely to create a digital currency: Goldman Sachs

    https://finance.yahoo.com/news/feder...164256832.html

    LOL.

    Can't be worse than the dollar.
    All the better to track you with my pretty.

    That will drive a stake through Privacy’s heart. Privacy will be writhing around on the ground anyway with 5G/AI/facial recognition. Heck, Privacy is cancer-ridden now and a mercy killing is proper.

    The Fed forcing me to accept facts and move on is probably healthiest so that I can face the apocalypse with an unfettered mind.

    The Fed will let China do the beta testing with their yuan.

     
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      shoeshine box:

  6. #7306
    Plutonium simpdog's Avatar
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    Don't they already create fake digital money?

    I guess what's better than the USD fake money? 2 fake currencies!

  7. #7307
    Master of Props Daly's Avatar
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    Quote Originally Posted by sonatine View Post
    if we drop below 30k, a reasonable potential floor here is something like 18.6k and im not kidding.

    You aren’t wrong.

    But the 31ish support is fairly solid. Then again so was 43.

  8. #7308
    Puts His Dick in the Mashed Potatoes
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    Nothing to see here
    Last edited by rum dick; 05-25-2021 at 10:49 PM. Reason: Trade secret

  9. #7309
    Puts His Dick in the Mashed Potatoes
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    ETH making a nice run....

  10. #7310
    Master of Props Daly's Avatar
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    Legitimate bullish activity today.

    BTC is up a touch but the miners and Greyscale is leading. Last few weeks they have been tailing.

  11. #7311
    Plutonium sonatine's Avatar
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    Quote Originally Posted by Daly View Post
    Legitimate bullish activity today.

    BTC is up a touch but the miners and Greyscale is leading. Last few weeks they have been tailing.

    yeah again id never say being proven wrong here would shock me but the volume of extremely seasoned and successful CT heads saying the floor is 13k and to get out now is really wild.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  12. #7312
    Plutonium sonatine's Avatar
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    Name:  Screen Shot 2021-05-24 at 12.42.42 AM.png
Views: 490
Size:  2.61 MB
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  13. #7313
    Puts His Dick in the Mashed Potatoes
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    That’s literally my ethereum account at the moment.

  14. #7314
    Master of Props Daly's Avatar
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    I’m at Bitcoin Miami.

    It’s going about as well as you would think a decentralized conference would go. I’ve been in line for 2 hours.

     
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      sonatine: gonna need a hell of a tr

  15. #7315
    Diamond TheXFactor's Avatar
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    You can watch Bitcoin Miami live here for free.

    https://b.tc/conference/


  16. #7316
    Puts His Dick in the Mashed Potatoes
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    Oh lord the speaker at 4:43:00

  17. #7317
    Owner Dan Druff's Avatar
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    Quote Originally Posted by Daly View Post
    I’m at Bitcoin Miami.

    It’s going about as well as you would think a decentralized conference would go. I’ve been in line for 2 hours.
    What is the male/female ratio?

    What is the single male to single female ratio?

    Regarding the latter, I'm guessing at least 99:1. Not counting trans women, of course.

  18. #7318
    Diamond TheXFactor's Avatar
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    So when is Bryan Micon speaking?


  19. #7319
    Master of Props Daly's Avatar
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    Quote Originally Posted by Dan Druff View Post
    Quote Originally Posted by Daly View Post
    I’m at Bitcoin Miami.

    It’s going about as well as you would think a decentralized conference would go. I’ve been in line for 2 hours.
    What is the male/female ratio?

    What is the single male to single female ratio?

    Regarding the latter, I'm guessing at least 99:1. Not counting trans women, of course.

    It’s 70/30 I’d say and the 30 that are here are high on the 10 point scale.

    I’m a little surprised frankly, I’d suspect you would have been right if I wasn’t here.

  20. #7320
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by Daly View Post
    Quote Originally Posted by Dan Druff View Post

    What is the male/female ratio?

    What is the single male to single female ratio?

    Regarding the latter, I'm guessing at least 99:1. Not counting trans women, of course.

    It’s 70/30 I’d say and the 30 that are here are high on the 10 point scale.

    I’m a little surprised frankly, I’d suspect you would have been right if I wasn’t here.
    Up north we call them hookers. They take Bitcoin?

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