"6k is the bottom"

[Anonymous No.9912588]

lmao.

[Anonymous No.9912662]

>>9912588
6k is the average cost of of production cost right now. Triple bottom at 6k is for a reason

[Anonymous No.9912700]

It is the bottom. Remember the posts about "missed the 6k bottom"? We bull now.

[Anonymous No.9912702]

>>9912588
Oh shit. The website still works and I just got 10 BTC.

[Anonymous No.9912711]

>>9912662
>6k is the average cost of of production cost right now. Triple bottom at 6k is for a reason

If I dig a hole for $6k, is this hole worth $6k?

[Anonymous No.9912725]

>>9912588
we are going down to 4k

[Anonymous No.9912730]

>>9912725
deluded bearfags

[Anonymous No.9912735]

>>9912730
>pI+wjocS

[Anonymous No.9912736]

>>9912711
Depends if everyone else needs 6k to dig a whole. For yourself the hole would be worth 6k, but luckily we have got something like demand and supply, you fucking retarded idiot

[Anonymous No.9912738]

>>9912730
nothing delusional about it. 4k is the return to normal. you would know that if you were in crypto longer then a few months

[Anonymous No.9912744]

we are going to negative $100,000

[Anonymous No.9912747]

>>9912662
The financial acumen of a naive teenager.

[Anonymous No.9912766]

>>9912662
if the price of btc drops below 6k then some miners will turn off their rigs making the difficulty and cost of production lower

[Anonymous No.9912773]

>>9912736
>Depends if everyone else needs 6k to dig a whole. For yourself the hole would be worth 6k, but luckily we have got something like demand and supply, you fucking retarded idiot

Please tell me: for what do you need a Bitcoin?
To buy something with it?
To eat it?
To have it hold up a book in the shelf?
To make it look pretty on your wall?

Or do you simply want to sell it to the next potato?

[Anonymous No.9912778]

>>9912662

[Anonymous No.9912786]

>>9912766
That's completly right, so far we haven't dropped below 6k, because the miners don't wanna let it...i don't care what's possible, right now it is 6k cost. Otherwise i would short gold right now because of the imminent astorid mining.

[Anonymous No.9912811]

>>9912786
Stop it, guys.
I cannot hold my shit anymore.
I almost believe you.

[Anonymous No.9912817]

>>9912702
I can almost guarantee 30% of those coins were rinsed by a single guy. Never try to do anything nice kids.

[Anonymous No.9912827]

>>9912773
Right now the demand is mostly speculation wether you like it or not. People are willing to pay 6.x for a BTC. That's what demand and supply is.

Same goes for every good in the fucking world. People are willing to pay X to recieve Y. The reason why people are willing to pay X amount is redudant for this equation.

[Anonymous No.9912853]

can we go up now

[Anonymous No.9912865]

>>9912853
Not until you sell.

[Anonymous No.9912890]

>>9912811
Is this theymos

[Anonymous No.9912893]

>>9912865
i'm not going to sell at this price, i'm just getting bored

[Anonymous No.9912921]

>>9912786
>asteroid mining imminent
This board's imbiciles, ohhh my sides.

[Anonymous No.9913153]

>>9912773
What do you need Gold for?

[Anonymous No.9913174]

>>9912786
you were correct until the asteroid meme

[Anonymous No.9913180]

>>9913153
For nothing, except a friction of the supply for jewlery, nevertheless people are willing to pay 1.3k per ounce.

Only black brainlets and pajeets left on /biz/

[Anonymous No.9913205]

>>9913153
Here's a secret: Gold has the exact same problem.

[Anonymous No.9913221]

>>9913205
>t. I don't understand 101 supply and demand
>there is a problem

[Anonymous No.9913954]

>>9912588
Sad thing is, Gavin isn't rich today. He spent it all.

[Anonymous No.9914103]

>>9913954
yeah I feel so bad for this guy
holy shit
he seems like a really nice guy too and he has a family. strong man for not roping

[Anonymous No.9914128]

>>9912588
checked. got my first bitcoins from based Gavin's faucet.

[Anonymous No.9914165]

I agree with 4K, I'm not sure when and I'm also almost convinced there will be at least a couple of hours of very special discounts.

[Anonymous No.9914220]

>>9912662
>>9912711
>>9913205
also,

Even if what anon says is true, many commodities fall below the cost of production short term, there are no hard rules about this

[Anonymous No.9914230]

>>9912778
>File: 1529161251376.png (45 KB, 982x338)

link for article?

[Anonymous No.9914244]

>>9912811

Meddl

[Anonymous No.9914484]

>>9912827
>Right now the demand is mostly speculation
Ffs, speculation is not lasting demand, this bullshit is exactly what brought us the dotcom and the subprime crisis, which is the reason why we have bitcoin in the first place.

>>9914244
Gehaided wird net!

[Anonymous No.9914496]

>>9913153
It has at least a small insignificant use in the industry and in the end, it might even serve as a paperweight or can make my garden look nice and shiny.

If I own one bitcoin, it cannot even hold down my papers!

[Anonymous No.9914510]

>>9912730
that fucking ID and color

[Anonymous No.9914564]

>>9914220
Yeah, but if there's one thing I know about Chinese it's that they are ruthlessly defensive of their shortterm profits and shortcuts. It's just not in their culture whatsoever to do something at a loss for future profit.

[Anonymous No.9914791]

>>9913153
Jewelry, processors and electronics, medical equipment, synthetic transplants, satellites and aerospace-related machinery in general, catalytic converters, reserve banking, climate-controlled windows, art and architecture etc

[Anonymous No.9915093]

>>9912730
>P wjoc
>Id color

RIP

[Anonymous No.9915146]

"Segwit Core always has highs and lows, ups and downs in US dollar price valuation. Bitcoin Cash, however, is much less volatile and, when Qubic is released, it will remain at a stable $1,000 price point, further making it the ideal cryptocurrency." -Roger Veer

[Anonymous No.9915191]

>>9912890
Good luck with finding ya boi.
He knows once his identity is out, he'll get assassinated.
Probably hasn't had a proper sleep in years hahaha

[Anonymous No.9915905]

>>9913180
>you are are the only nerdy white kid on /biz/