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/biz/ - Business & Finance


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8410101 No.8410101 [Reply] [Original]

>whales are pic related

Anyone else think we will go down to 4k-5K?

>> No.8410547

>>8410101
almost a certainty at this point, but then we bounce to what, 6-7k? the whales are shooting themselves in the foot by scaring everyone off

>> No.8410596

>>8410547
many whales are likely insiders so all this is timed, whats 1-2 months of waiting for maximum gains? My guess is next run will be sparked by actual applications and approval from gov officials/companies.. people will come back

>> No.8410625

Lower

>> No.8410783

>>8410596
you completely avoid my point

>> No.8410794

>>8410596
>1-2 months
ugh...

>> No.8410843

Whales pumped Bitcoin in January and February, so it's very likely that whales will pump Bitcoin to $11,750 because of Bitcoin future contract.

>> No.8410876

>>8410101
Under 5500 the mining costs of electricity will be higher then the selling price of a bitcoin. Hence it's the hard floor.

If it falls below, a lot of miners will stop mining and the network will slow down dramatically, break down.

>> No.8410911

>>8410843
the next one expires EOM. What do you expect to happen?

>> No.8410919

>>8410794
Isnt your point that whales are scaring people off? I am saying they are not.. or at least only temporarily they are but not shooting themselves in the foot.. And I know, we could be down way longer than 1-2 months

>> No.8410926

>>8410101
why didnt you post this when bitcoin was at 12k anon? why now?

you don't know shit

>> No.8410928

>>8410911
I expect a pump to $11,750 to close the future contract.

>> No.8410939

>>8410928
why that price?

>> No.8410950

>>8410101
>>8410547
>>8410625
the fact that your average rube on /biz/ is now so sure that i'll go to 4k is an almost certain sign it won't

>> No.8411017

>>8410950
Yep, everybody saying that has already tethered up, and anybody that hasn't sold by now probably won't sell at all.