Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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.
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?
some Chinese electricity company must surely realise soon that accepting and holding bitcoin would be a ridiculously successful strategy. Or is that banned?
Stop fantasizing, sub $220 soon
sub $220 today doesn't really matter. The COIN ETF is what is going to change the landscape....