Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
BobLawblaw
on 24/10/2019, 17:49:09 UTC
btc dyeing off slow from the range its now i explain after my TA i will be correct even further than 2k possoble. so best advise to you is to sale all the BTC you has now. Better to keep the fiat money during the comeing time

 Dude. I understand you are trying to be edgy and cool and stuff, but please just stop it. You are dealing with HODLers the likes of which you have never encountered before.

 Please stop before we have to ignore you. If you are going to make such statements as dropping to $2k USD/BTC is possible, then I will simply respond with "Do you even recognize that cost of production is about $6k USD/BTC ?"

 The sheer dollar investment in the infrastructure presently supporting Bitcoin, and taking the last five years of trends into consideration, I do not foresee a situation where we drop that low. I look forward to your insightful reasoning to support Bitcoin dropping below cost-of-production levels.