Quote from: ChartBuddy on November 16, 2021, 01:01:28 PM

Explanation

Aren't you the most insightful of nocoiners that I never did meet?

Quote from: dragonvslinux on November 16, 2021, 02:26:49 PM

Quote from: JayJuanGee on November 16, 2021, 03:51:56 AM

Quote from: HI-TEC99 on November 15, 2021, 11:06:57 PM

Quote from: dragonvslinux on November 15, 2021, 04:48:47 PM

This, as a trader, I've really noticed this year with ETH that ...

It was worth it to dox.. dragonvslinux...

Cheesy

Since when was I a day trader?

For reference, I only trade the seasons for satoshi profits and otherwise invest/accumulate in the cycle when it comes to a bull market. I therefore don't trade with fiat-based shitcoins (unless in a bear market), especially not leverage day-trading, as you probably know, but each to their own. It's also ok, I don't take offence, I don't mind being misrepresented while I accumulate more Bitcoin, makes me giggle a bit really. I get that for some this day maybe a sad one, bring up some negative emotions or "would suck" as someone put it, but for me it put's a smile on my face.

Fortunately the BTC drop was combined with a rise of it's dominance, so triggered some more profit taking to accumulate more just below $60K

Quote from: dragonvslinux on November 15, 2021, 04:48:47 PM

... hence I'd expect this liquidity to eventually shift back to Bitcoin.

Am otherwise liking the bounce of the 50 Day MA "what a coincidence" this would happen in a bull market Tongue

For sure you sound like a non-trader. ..and a humble one too... that's for sure.

Quote from: LFC_Bitcoin on November 16, 2021, 02:31:27 PM

I thought you guys were joking about China doing China things again. I’ve just looked on Twitter though & it appears they have been pressuring miners again.

I’m definitely not worried now. China haha, pathetic. I guess we’ll be back to $65,000 by the end of the week.

https://cointelegraph.com/news/china-warns-state-owned-enterprises-to-cease-involvement-in-bitcoin-mining

It seems that so far, China has had a pretty decent track record of screwing various aspects of their citizenry out of upside BTC price movements.. .so at least there is one thing that the Chinese smarter than everyone else administrators are good at.