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25949352 No.25949352 [Reply] [Original]

Are we at the blue or red arrow? I’m nervous.

>> No.25949405

>>25949352
Neither. You're in one of the corrections along the way up.

>> No.25949449

>>25949405
blue line

>> No.25949480

>>25949352
you are not a 2017 bro if you think we are anywhere near either of those

>> No.25949532

>>25949352
newfag

>> No.25949564

>>25949352
fuck you

>> No.25949596
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25949596

>he doesn't know

>> No.25949659

>>25949480
Neither are you

>> No.25949706

If you knew how comfy things really are kiddo

>> No.25949720
File: 30 KB, 319x399, 1604873354860.jpg [View same] [iqdb] [saucenao] [google]
25949720

>>25949352

>> No.25949721

>>25949352
Bitcoin is dropping to $1

>> No.25949853

>>25949352
I just bought back in at 37200, newfag. Shitting bricks because I have no idea what I’m doing. Used Coinbase which cost me money in the first place. Now I need it to go up past 38k to make money back.
Questions-
what’s better than Coinbase?
Will it go up?
I’m tired of sitting by, how do you make money by trading?

>> No.25949918

>>25949853
I suggest you shut the fuck up and hold this shit forever. DCA in over the course of time.

>> No.25950089

>>25949918
DCA? Just hold? I’d like to try trading to go from my measly .27 to at least .5

>> No.25950115

>>25949918
Forgive me for being a new fag, I should have been looking into this a lot earlier

>> No.25950144

>>25949352
More like 2013

>> No.25950164
File: 252 KB, 333x376, 1610417675173.png [View same] [iqdb] [saucenao] [google]
25950164

>>25949352

>> No.25950178
File: 177 KB, 1053x612, get ready.png [View same] [iqdb] [saucenao] [google]
25950178

>>25949352
Yes.

>> No.25950210

>>25949449
blue line there indicates that we're still basically at the top, but there might be a marginally higher tip we can reach before plummeting.
In reality, this is unironically the first post-halving selloff of the cycle. We're going to 100k

>> No.25950294

>>25950210
50K, yes. 100k... not this halving

>> No.25950333

>>25950294
50k is a mere 2.5x from peak to peak. For reference, the 2017 bull run was a 20x peak to peak.
Obviously there are diminishing returns each cycle, but not quite that severe

>> No.25950364
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25950364

>>25950178
use a log scale retard

>> No.25950393
File: 298 KB, 1382x280, dump.png [View same] [iqdb] [saucenao] [google]
25950393

>we are still early

>> No.25950451

>>25950364
let them do what they want bro we aren't all going to make it

>> No.25950497

>>25950294
Anything over 50k makes no sense. It costs 50k to build a rig that can mine bitcoin for 8k. Imagine spending 50k for one coin, when you could just buy a machine that can mine it and make you multiple coins for cheep. Makes no sense to go past 50k.

>> No.25950546

>>25950294
a normie looks at 50k or even 100k prices and realizes its too late to get rich from bitcoin

so they will buy some shitcoin or nothing at all, since btc crash will crash the entire market

>> No.25950564

bear trap
but unironically
this is the run we've all been waiting for
the stars say so

>> No.25950586

>>25950497
Imagine you could do that, and sell the coin for more than the rig is worth...

>> No.25950597

>>25950497
Aren't you forgetting the $10,000 of eletricity it costs to mine a Bitcoin? It's traditionally traded 2.5x above the electricity costs. Plus if you add miners to the ecosystem the difficulty and cost of block production goes up

>> No.25950665
File: 101 KB, 1170x1197, more like.png [View same] [iqdb] [saucenao] [google]
25950665

>>25949405
This. At about $3k if you zoom out and look back.

>> No.25950694

>>25949352
I'll give you a clue, look at the volume ;)

>> No.25950722

>>25950497
mining automatically adjusts difficulty based on collective computing power being used. the more people mining, the harder mining becomes.
.

>> No.25951218

>>25949352
Neither because it’s not 2017 retard

>> No.25951237
File: 69 KB, 1414x1026, btcprice17.jpg [View same] [iqdb] [saucenao] [google]
25951237

>>25949352
we're nowhere near there m8

>> No.25951343

>>25949405
This