Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Ants starting to work.
Couldn't "more coins are coming to the exchanges" mean that exchanges actually buy from miners at the bottom?
They have to transfer their corn to their hot/cold wallets, don't they?
Of course it would look like "long time hodlers selling soon"...
Amirite?
Nice fight going on right now... but there are still plenty of sellers, and more coins coming to the exchanges...
I would REALLY hate to see this do anything more than spike below 30k. But we are going to need some serious firepower to avoid that at this point. Can happen though... the FED's decision is imminent.
I would REALLY hate to see this do anything more than spike below 30k. But we are going to need some serious firepower to avoid that at this point. Can happen though... the FED's decision is imminent.
Couldn't "more coins are coming to the exchanges" mean that exchanges actually buy from miners at the bottom?
They have to transfer their corn to their hot/cold wallets, don't they?
Of course it would look like "long time hodlers selling soon"...
Amirite?
Yeah. That's true... But retail has not been buying much at all during the last 1-2 years. And it seems sort of weird for miners to hold out to sell at the exact bottom.
Well, if you sell old corn, it's not really "the bottom"
