Post
Topic
Board Mining speculation
Merits 8 from 2 users
Re: The Squeeze is comin! [official thread for panicking]
by
sidehack
on 11/08/2018, 14:51:54 UTC
⭐ Merited by suchmoon (7) ,frodocooper (1)
Why, is your luck that bad too?

The first time I had to cash out for a big project was February 2014, when I first got started and had zero money. Remember when that Gox bubble burst? Stalled a server supply breakout project for almost a month before I caught a brief spike and sold without losing too much.

I have no interest in deliberately crashing BTC. The opportunistic market jackoffs buying in would be the only ones to benefit, and the rest of us who actually work for a living will keep getting screwed. I'd like to see it back above about $8k and actually hold steady for a while, but stability will only happen when bitcoins are used more as a currency than as a stock. Margin sale profiteers love that volatility for their short-sighted gains, but that cripples confidence in reliable spending power necessary for the long-term economy.