/biz/ - Business & Finance

https://greater-fools.com/2020/03/14/dont-panic-pain-is-weakness-leaving-the-cryptospace/

please sell dont come back.

Closing below the weekly 200MA is bearish?
bitcoin has closed 3 time below 200Weekly MA in september 2015.

The million dollar question, will the upcoming bitcoin halving (increased difficulty) cause some miners to capitulate before or after the halving. No doubt, that smaller miners will be taken out. When small miners gets taken out, they will dump their coins.Will there be enough demand to absorb the supply? Will there be enough retail demand to absorb the incoming supply?

Smart money isn’t buying the dip…. they will let it dump to cost of production then scoop it up. And it’s hard to put a $ on cost of production, due to difficulty adjustment. It could be $3xxx. I am just guessing. I am just saying that Halving doesn’t mean bull-run. The market works by supply and demand principles. Halving will put weaker miners out of business, they will be forced to sell off their coin. To sustain a price level, demand must absorb the incoming supply or price will tank. Excess supply not enough demand, price will tank, period. The charts will reveal the truth.

So after Halving

Smaller miners are put out of business – bigger miners survive = less miners on the network will lead to a difficulty decrease. The assumption that halving will increase cost of production isn’t true.

Bulltards will hate this thread but it's the truth.

Listen up cocksuckers.
Name coins that aren't premined.
No ICO - no erc-20
No founders reward.

Why are you INVESTING in tokens that are created out of thin air, because youre all airheads.
Trading shitcoins for sats is the only way.

bitcoin will go below $1000
you and me are not the market
2% is the market that control 98% of the btc supply.
bitmex is a middle men
market makers are the 2%
prices are all ready settled
1. It is important to know that Digital Currency Group has an ownership stake in CoinDesk.

2. It is important to know that Digital Currency Group has an ownership stake in Kraken and they own the bank that Kraken uses too (Silvergate).

3. It is important to know that Digital Currency Group is also invested into Bitfinex.

4. It is important to know that Digital Currency Group has an ownership stake in Chainalysis.

5. It is important to know that Digital Currency Group is a major investor in Shapeshift.

6. It is important to know that Digital Currency Group is a major investor in BitPay.

7. It is important to know that Digital Currency Group is a major investor in Blockstream.

8. It is important to know that Digital Currency Group is a major investor in Circle (bigger than Goldman) (Circle acquired Polo).

9. It is important to know that Digital Currency Group is a major investor in Coinbase.

10. It is important to know that they own ItBit.

11. It is important to know that they are a major investor in BitPOS.

>>12844244

old man is right expect a crash before the halving