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Topic: URGENT, Bitcoin is on the verge of collapse !!! - page 37. (Read 67950 times)

full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
right ... should run left or right then Huh
hero member
Activity: 546
Merit: 500
hm
WOW, today network hashrate 34 000 TH/s

View Screen Capture

Now we have generated about 4481 BTC/day or 3 milion usd per day !!! Who shall to pay ?

Who should pay? Does anybody get a bill for the 4481btc (which is odd number, when you think that there get generated 25btc blocks only, don't you think?)?

PS: And just FYI: The hashrate gets determined by the price (of btc and hashes/second), not the other way around. Just because I need 5 hours to take a shit, my shit is not more valuable then yours... (except I shit a diamond)
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
OMG run!!! The sky is collapsing up into the air!!!
newbie
Activity: 48
Merit: 0

I believe you may have a fundamental misunderstanding of how markets work. If you had 37.3k bitcoins to sell, the price would not go to $90. The bid depth is what is on show in the order book. Its not what's available overall.

I dont think so

Good comeback!

I also like how you say "when mining becomes impossible". How, exactly, does that work? You do realise that difficulty can go down as well as up?

Of course the Bids and Offers in the order book, any order book represent just the outstanding limit orders, and briefly flash market orders at the very top of the book on some platforms I've seen.  The point of an order book is to see current bids and offers to help gauge the current mood of the market, or for other trading purposes (for example, since the bid side of the order book is thin, a seller would want to sell in small chunks, instead of knocking out the bid side of the order book and pushing the price way down, causing them to get a worse price for their coins than had they sold off in small chunks over time, letting the bid side of the order book replenish itself as further traders place limit buy orders, from the TOTAL amount avail.

I admire your technical analysis, but you have much to learn young padawan, you aren't trading google, appl, EUR/USD, you are trading in a innovative revolutionary currency whose mode of trading  (should it succeed and not crash and burn, which I've bet my career on, but everyone can be wrong sometimes) will follow the "S" curve path of exponential growth, look it up. 

Also that downtrend looks like a correction to me, and I've been in the business for a decade, developing my own adaptive and leading indicators (they are unique, not just cycles, and shifts... and I'd love to explain how they work, but I worked hard on them over years, and I feel, no know, they give me an edge), mastering trading and technical analysis almost like an obsession.
sr. member
Activity: 406
Merit: 250
WOW, today network hashrate 34 000 TH/s

View Screen Capture

Now we have generated about 4481 BTC/day or 3 milion usd per day !!! Who shall to pay ?

View Screen Capture
legendary
Activity: 1652
Merit: 1016
I think it's LTC very good investment, because there is no centralization in mining, (for now)

So LTC is only a temporary good investment then?
legendary
Activity: 4158
Merit: 4811
You're never too old to think young.
its my real technical analysis,

Isn't that an oxymoron?
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Thank God not all Russians are such a boring twats like Igorr, we would miss all those crazy Russian videos.
sr. member
Activity: 308
Merit: 250
sr. member
Activity: 406
Merit: 250
when we switch ltc Sad ?

I think it's LTC very good investment, because there is no centralization in mining, (for now)
as is the case with BTC where only Bitcoin mining company's products and use their equipment,
and constantly to manipulate with market and BTC price.
LTC is much better and safer investment than BTC.
full member
Activity: 196
Merit: 100
when we switch ltc Sad ?
sr. member
Activity: 406
Merit: 250
Then your alarm is broken, I suggest you get a new one.

Anyway, like you said, we'll wait and check the accuracy!

Yes, time will to show the accuracy of my analysis
hero member
Activity: 742
Merit: 500
Circle gets the Square
Its not FUD, its my real technical analysis,
and we are left only to wait and check the accuracy

Your TA consists of drawing lines on irrelevant and small-sample charts. Granted, there is a lot of that on the Speculation forum, but your idea that Bitcoin is dead because of a 4 month downtrend means you haven't looked at any charts at all!

Yes, I am watching the last three years, but after the last three months, my  alarm is activated

Then your alarm is broken, I suggest you get a new one.

Anyway, like you said, we'll wait and check the accuracy!
sr. member
Activity: 406
Merit: 250
Its not FUD, its my real technical analysis,
and we are left only to wait and check the accuracy

Your TA consists of drawing lines on irrelevant and small-sample charts. Granted, there is a lot of that on the Speculation forum, but your idea that Bitcoin is dead because of a 4 month downtrend means you haven't looked at any charts at all!

Yes, I am watching the last three years, but after the last three months, my  alarm is activated
hero member
Activity: 742
Merit: 500
Circle gets the Square
Its not FUD, its my real technical analysis,
and we are left only to wait and check the accuracy

Your TA consists of drawing lines on irrelevant and small-sample charts. Granted, there is a lot of that on the Speculation forum, but your idea that Bitcoin is dead because of a 4 month downtrend means you haven't looked at any charts at all!
sr. member
Activity: 406
Merit: 250
Its not FUD, its my real technical analysis,
and we are left only to wait and check the accuracy
hero member
Activity: 742
Merit: 500
Circle gets the Square

You said you were going to keep quiet until next month when you have a new doom chart to spam around the forum.

You lied man. You lied. I can no longer take you seriously.

I have to explain to the man, and my new point will be 1.april 2014 years.



You've followed it for 3 years, and your proof is a 4-month sample that has no relevance?

but this does not look good


Lol. I would say you need to look slightly further back on that chart, but you already know what's there. Good luck on your ridiculous FUD Quest.
sr. member
Activity: 406
Merit: 250

You said you were going to keep quiet until next month when you have a new doom chart to spam around the forum.

You lied man. You lied. I can no longer take you seriously.

I have to explain to the man, and my new check point will be 1.april 2014 years.



You've followed it for 3 years, and your proof is a 4-month sample that has no relevance?

but this does not look good
hero member
Activity: 531
Merit: 501
I follow this last three years, and now I think it's the end,  Bitcoin has no more fuel to jump.

Check this, we enter the fourth month of constant decline in prices.



You said you were going to keep quiet until next month when you have a new doom chart to spam around the forum.

You lied man. You lied. I can no longer take you seriously.
hero member
Activity: 742
Merit: 500
Circle gets the Square
I follow this last three years, and now I think it's the end,  Bitcoin has no more fuel to jump.

Check this, we enter the fourth consecutive month of constant decline in prices



You've followed it for 3 years, and your proof is a 4-month sample that has no relevance?
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