Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
windjc
on 04/09/2018, 02:42:22 UTC

Really hope that’s true. It would definitely be bullish for the price of bitcoin.


Kinda checks out with my maths

This is all Bitmain. The biggest whale. Can turn market wherever direction it wants to.

Feel the wrath of Bitmain!

Whale?  Undecided
According to their pre-IPO deck (has it been confirmed? proudhon??) they went from BTC36.877 in Dec to 22.082 in March. That's 3months or 90 days. That means they're burning through BTC164 per day ((36877-22082)/90) at this rate they'd have enough for 134 days (22.082/164)  that would last them till August 12th  Kiss thnx for playing

I never understood this idea that Bitmain was BUYING BCH. I believe they have only been accepting BCH as PAYMENT for their machines for a while now. So, if you are selling a crap ton of machines and receiving BCH for it, then the amount of BCH you OWN is going to go up significantly. YES??