Where your hard-earned money comes to die. Home.
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Reminder: Sizable number of crypto investors are DCAing into long positions
| Maroon sandwich | 06/24/18 |
| Narrow-minded flesh location | 06/24/18 |
| Maroon sandwich | 06/24/18 |
| chest-beating foreskin | 06/24/18 |
| Maroon sandwich | 06/24/18 |
| Narrow-minded flesh location | 06/24/18 |
| useless university factory reset button | 06/24/18 |
| Supple ocher ticket booth lettuce | 06/24/18 |
| Sticky wonderful field nowag | 06/24/18 |
| galvanic erotic rigpig volcanic crater | 06/25/18 |
| Sticky wonderful field nowag | 06/25/18 |
| Maroon sandwich | 06/25/18 |
Poast new message in this thread
Date: June 24th, 2018 2:57 PM Author: Maroon sandwich 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) |
Date: June 24th, 2018 3:49 PM Author: Narrow-minded flesh location I like crypto but hate Bitcoin.
I would maybe buy ETH at $100 if it had a single good dapp. |
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Date: June 24th, 2018 4:13 PM Author: Maroon sandwich 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) |
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Date: June 24th, 2018 5:32 PM Author: chest-beating foreskin so's ETH tho (https://autoadmit.com/thread.php?thread_id=4009342&forum_id=7#36302480) |
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Date: June 24th, 2018 6:17 PM Author: Maroon sandwich 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) |
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Date: June 24th, 2018 8:49 PM Author: Narrow-minded flesh location 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) |
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Date: June 24th, 2018 8:53 PM Author: useless university factory reset button U buyin or holding? (https://autoadmit.com/thread.php?thread_id=4009342&forum_id=7#36303385) |
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Date: June 24th, 2018 10:32 PM Author: Supple ocher ticket booth lettuce too much logic for this board (https://autoadmit.com/thread.php?thread_id=4009342&forum_id=7#36303864) |
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Date: June 24th, 2018 10:56 PM Author: Sticky wonderful field nowag 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) |
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Date: June 25th, 2018 12:07 AM Author: galvanic erotic rigpig volcanic crater they'll just direct their machines to mine NIGR (https://autoadmit.com/thread.php?thread_id=4009342&forum_id=7#36304295) |
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Date: June 25th, 2018 1:13 AM Author: Sticky wonderful field nowag (https://autoadmit.com/thread.php?thread_id=4009342&forum_id=7#36304447) |
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Date: June 25th, 2018 12:53 PM Author: Maroon sandwich 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. |