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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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23691879 No.23691879 [Reply] [Original]

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.23691888

>>23691879
what does this mean

>> No.23691899

>>23691879
Miners in china are re settled after the floods. Priced in

>> No.23691911

what the fuck is going on, seriously?

>> No.23691920

BROS NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.23691932

18th of october is when it started going down. 18th of october is also the day BTC price started mooning.

>> No.23691955

>>23691911
we nuked china, news won't report it but we did. and by 'we' i mean India

>> No.23691959

>>23691911
Major dump incoming. This paired with the election is going to be a shit show. Will be a good opportunity to buy low.

>> No.23691993
File: 7 KB, 340x296, little slut.jpg [View same] [iqdb] [saucenao] [google]
23691993

>>23691879
If you think this is bad, just wait until the price hits $8k again and it's not even profitable to mine anymore.
See you at $0.

>> No.23691996

>>23691911
>down 3%
what the fuck are you talking about

>> No.23691999

>>23691959
if we dump hard from here, which seems likely, it'll confirm a yearly double top. you are 100% correct in that it'll be a massive shitshow. sub $3k prices.

>> No.23692020

>>23691999
>>23691959

Doubtful, this is the bear trap leading up to the GBR

>> No.23692028

do you retards ever check anything yourself?

It is fine at 115. There are -30% hash drops all the time, and this isn't even 30% yet.

>> No.23692139

>>23692020
unironically believe this
3 years of hands needed a final test
>nice 2020 get

>> No.23692163

>>23691888
china government killing crypto. first huobi now they probably closing down mining farms. its over

>> No.23692166

You are all morons it’s going to 20k

>> No.23692171
File: 128 KB, 1907x644, image_2020-11-02_230907.png [View same] [iqdb] [saucenao] [google]
23692171

lol

>> No.23692203
File: 41 KB, 1714x530, hash.png [View same] [iqdb] [saucenao] [google]
23692203

Pic related is unedited chart.

OP, as always, is a faggot.

>> No.23692210

Guys. Don't scare me I'm a noob I don't understand. Should I sell right? Biden winning can't be good.

>> No.23692220

>>23692210
You should try to eat less onions

>> No.23692239
File: 31 KB, 1139x668, cryptoisdead.png [View same] [iqdb] [saucenao] [google]
23692239

>>23692203
cope

>> No.23692245

>>23691993
Wouldn't that be bullish? Then I could mine from my computer...

>> No.23692264

>>23692239
I'm coping by not selling my bitcorn.

You and op had 10 years.

>> No.23692294

>>23692239
you just proved him right dumbass

>> No.23692333

>>23692239
>>23692294
>sharpest drop in history
Yeah I sold

>> No.23692442

>>23692245
A price drop will always be bearish for small time miners. Only the big guys with the cheapest electricity and largest margins will survive.

>> No.23692589

Bitcoin was destined to fail since it's inception. I hope you all expected this.

>> No.23692689

>>23692203
>>23692239
wow, it's a fucking seasonal change that's been happening all week.

Fuck off, OP.

>> No.23692993

>>23692163
China fud caused a huge BTC dip in the summer of 2017. Then it went parabolic. This is almost eerily similar to what happened during the last bullrun.

>> No.23693035

>China controls Bitcoin! It's doomed to fail!
>Chinese farms are being shut down! Bitcoin is doomed to fail!

Not only is China's control of Bitcoin seemingly being culled for whatever reason, the decrease in hashrate also means it's now easier for people in other countries to start mining, or for existing miners in non-Chinese countries to increase the size of their operations.

Of course you guys all know this basic shit... right? Just an epic troll? haha.

>> No.23693055

>>23693035
Unironically bullish

>> No.23693072
File: 127 KB, 1611x776, btc hash rate.png [View same] [iqdb] [saucenao] [google]
23693072

*AHEM*

>> No.23693120
File: 95 KB, 875x560, 6C329BF0-0E56-4DC2-A528-F4D94A086040.jpg [View same] [iqdb] [saucenao] [google]
23693120

>>23691879
Soon it will al flow into BSV
Check em

>> No.23693133

>>23693120
hahahhah BSV really does feel like the Jeb of crypto.

>> No.23693257

>>23693133
SLOW AND STEADY

>> No.23693277

>>23693072
Alt season?

>> No.23693292

>>23693277
alt season he says

>> No.23693361

>>23693277
checked, but no it means we grab for a bit before the buy signal flashes and we pump again

>> No.23693387

>>23693361
crab*

>> No.23693399

>>23691888
Nothing he is larping

https://bitinfocharts.com/comparison/bitcoin-hashrate.html

difficulty adjust in 6 hours so nothing happens.