Quote from: cocoadreamboy on July 02, 2019, 06:57:45 PM

Quote from: exstasie on July 02, 2019, 06:52:01 PM

That's patently false. You aren't looking very hard.

Oh thank you so much paid troll. How is 657,000 newly created bitcoin/ year miner?

And? What's your other data? Where is your data to analyze demand? Market price is a function of supply and demand, not one small aspect of supply.

You just keep repeating over and over the market can't possibly support Bitcoin's inflation, without any logic or any attempt to take a deep dive into the fundamentals. "$23.4 million of new investment/day? IMPOSSIBLE!" That's the extent of your analysis!

Even the most ignorant of investors understands that not every mined BTC is immediately dumped onto the market. Miners merely need to cover overheads, and large industrial miners are backed by significant seed money. They are well capitalized and planning their business years out, not immediately selling mining rewards as if they were living paycheck to paycheck.

And by the way, the inflation rate will be halved in a year. And in four years after that it will be halved again. You should probably stop using inflation numbers that don't reflect reality. There will only ever be 21 million BTC, and almost 18 million of them have already been distributed. Next year, there will only be 3 million more BTC mined until 2140. 657,000 BTC mined per year? LOL. I pity the fool that pays for your analysis.

Quote from: cocoadreamboy on July 02, 2019, 06:57:45 PM

If I am false in my view of TA's You have not been to trading view, r/btc, r/bitcoin, or the very speculation board we are on during a pump.

Just like you, there have been countless bears calling the top all the way up. And they have been wrong for months and months now. At $4K, at $6K, at $8K, at $10K......on Twitter, Tradingview, here.