Ninjastic
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
billyjoeallen
on 28/04/2015, 13:40:15 UTC
Quote from: Wandererfromthenorth on April 28, 2015, 01:04:36 PM
Quote from: billyjoeallen on April 28, 2015, 12:31:33 PM
Quote from: tarmi on April 28, 2015, 12:22:10 PM
Quote from: billyjoeallen on April 28, 2015, 11:28:21 AM

If you wanna give me even moar coinz, go ahead. I'm patient and not over-leveraged. The lower it goes, the more buying power I have.



no, stupid fuck.

your buying power will be the same, you will just buy more coins.

My ability to buy coinz will increase, even if the amount of fiat I have to spend remains constant. I'm pretty sure you'll run out of coinz to sell before I run out of fiat, unless I get fired I suppose.
Chinese megaminers have plenty of coins to dump, don't worry about that  Grin

um, no. All miners everywhere have only 3600 coins/day to dump, excluding stockpiles. How much stockpiles are left after a 15 MONTH BEAR MARKET is unknown, but the number is surely much smaller than in the past. at $225/BTC, that's only $810,000 dollars bulls have to pony up to keep prices stable. At ~five million unique wallets, just over 16% of which have to contribute ONE DOLLAR A DAY TO HOLD THIS PRICE LEVEL. That may not happen, but are you willing to bet on it?