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Reminder: Sizable number of crypto investors are DCAing into long positions

The bottom can't be timed...Long-term holders are eating up ...
pungent laughsome mood bawdyhouse
  06/24/18
I like crypto but hate Bitcoin. I would maybe buy ETH at ...
Exhilarant cowardly sanctuary
  06/24/18
Cost of mining a single BTC is $6K...If historical ratios ho...
pungent laughsome mood bawdyhouse
  06/24/18
so's ETH tho
offensive clown
  06/24/18
Until there are dapps, Eth is riding Btc coattails. And if t...
pungent laughsome mood bawdyhouse
  06/24/18
Its not a commodity like oil that will find its price at the...
Exhilarant cowardly sanctuary
  06/24/18
U buyin or holding?
wonderful seedy hell dragon
  06/24/18
too much logic for this board
Garnet ungodly rehab incel
  06/24/18
miners will stop production if they're no longer able to sel...
gold public bath
  06/24/18
they'll just direct their machines to mine NIGR
Aqua exciting stain abode
  06/25/18
...
gold public bath
  06/25/18
This is what happened yesterday when we went sub 6k...they d...
pungent laughsome mood bawdyhouse
  06/25/18


Poast new message in this thread



Reply

Date: June 24th, 2018 2:57 PM
Author: pungent laughsome mood bawdyhouse

The bottom can't be timed...Long-term holders are eating up circulating supplies in preparation for BTC 25K

(https://autoadmit.com/thread.php?thread_id=4009342&forum_id=7#36301849)



Reply

Date: June 24th, 2018 3:49 PM
Author: Exhilarant cowardly sanctuary

I like crypto but hate Bitcoin.

I would maybe buy ETH at $100 if it had a single good dapp.

(https://autoadmit.com/thread.php?thread_id=4009342&forum_id=7#36302061)



Reply

Date: June 24th, 2018 4:13 PM
Author: pungent laughsome mood bawdyhouse

Cost of mining a single BTC is $6K...If historical ratios hold along with 6K BTC floor, days of $100 ETH may be gone. Like it or not, BTC is considered a commodity to which the entire crypto market is tied

(https://autoadmit.com/thread.php?thread_id=4009342&forum_id=7#36302146)



Reply

Date: June 24th, 2018 5:32 PM
Author: offensive clown

so's ETH tho

(https://autoadmit.com/thread.php?thread_id=4009342&forum_id=7#36302480)



Reply

Date: June 24th, 2018 6:17 PM
Author: pungent laughsome mood bawdyhouse

Until there are dapps, Eth is riding Btc coattails. And if the whole currency idea never takes off at least Btc can hold value as a commodity/digital gold

(https://autoadmit.com/thread.php?thread_id=4009342&forum_id=7#36302643)



Reply

Date: June 24th, 2018 8:49 PM
Author: Exhilarant cowardly sanctuary

Its not a commodity like oil that will find its price at the lowest marginal producer (even if it was, that could be in China at $3,000, not $6,000). Its price is whatever buyers and sellers determine, which could easily fall beneath production.

(https://autoadmit.com/thread.php?thread_id=4009342&forum_id=7#36303361)



Reply

Date: June 24th, 2018 8:53 PM
Author: wonderful seedy hell dragon

U buyin or holding?

(https://autoadmit.com/thread.php?thread_id=4009342&forum_id=7#36303385)



Reply

Date: June 24th, 2018 10:32 PM
Author: Garnet ungodly rehab incel

too much logic for this board

(https://autoadmit.com/thread.php?thread_id=4009342&forum_id=7#36303864)



Reply

Date: June 24th, 2018 10:56 PM
Author: gold public bath

miners will stop production if they're no longer able to sell at a profit don't you think

(https://autoadmit.com/thread.php?thread_id=4009342&forum_id=7#36303979)



Reply

Date: June 25th, 2018 12:07 AM
Author: Aqua exciting stain abode

they'll just direct their machines to mine NIGR

(https://autoadmit.com/thread.php?thread_id=4009342&forum_id=7#36304295)



Reply

Date: June 25th, 2018 1:13 AM
Author: gold public bath



(https://autoadmit.com/thread.php?thread_id=4009342&forum_id=7#36304447)



Reply

Date: June 25th, 2018 12:53 PM
Author: pungent laughsome mood bawdyhouse

This is what happened yesterday when we went sub 6k...they don't mine if it's not profitable. Any commodity can be sold for an agreed upon price below production cost. The utility of BTC is really the more questionable component of the equation.

Tether production conveniently kicks in when mining profitability declines.

(https://autoadmit.com/thread.php?thread_id=4009342&forum_id=7#36306083)