-Snip-
Thanks man. That was fucking interesting.
I'm long for a pullback to 9500$. Then short to 6500 I guess.
Never timed a long so well.
I'm all ready for this new ride
11 bull hides are used in the production of each BTC21.80 (£154,000) Bentley Continental GT, Jeremy Clarkson's 'People's Car of the Year'.
Lambos are made with Bear hides.
Will I get crucified if I say I'm bearish?
There is no reason for miners to not push the price down as much as possible to get rid of their opponents.
Keep the price low, short the charts... It's a win win...
Where is my daily green dildo please thank U
I like the fundamental analysis about mining cost. Seems logical, rational and effective.
If that's true we're going down to 6k$ at least, before entering a bull market.
Sorry no dildo for you.
The BTC price is holding at a steady $8,400 range. With the release of bakkt we should be seeing 10k within a week or 2. I believe another bull run is coming. I would only sell partial bags and hold the rest long term. Remember BTC price cannot crash if noone sells! If noone sells the price HAS to go up!
Sorry to say that... But it is completely wrong.
Miners produce. They have to pay their bills. They have to sell.
It's not a question of choice, in the BTC ecosystem there MUST be sellers. There will always be.
The only question is: is there more sellers or buyers?
I'm bearish until the end of October.
No you're right. But you don't have to worry about it. It's rather a good news in fact, I hope it will be enforced heavily.
The idea is that you can be taxed ONLY if you sell the result of the fork. If there is a fork and you don't do anything with the coins then nothing is taxable.
How is it a good news? Well it decreases the incentive of a fork. Because tons of people won't get the new coins, knowing they will be taxed.
Hence less shitcoins and less forks.
The BTC price is holding at a steady $8,400 range. With the release of bakkt we should be seeing 10k within a week or 2. I believe another bull run is coming. I would only sell partial bags and hold the rest long term. Remember BTC price cannot crash if noone sells! If noone sells the price HAS to go up!
Sorry to say that... But it is completely wrong.
Miners produce. They have to pay their bills. They have to sell.
It's not a question of choice, in the BTC ecosystem there MUST be sellers. There will always be.
The only question is: is there more sellers or buyers?
I'm bearish until the end of October.
Bearish in a bull market. Go figure.
the 1d chart is clearly bearish. I don't see the bull for now though they are clearly gaining strength
