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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25562. (Read 26619966 times)

sr. member
Activity: 336
Merit: 250
Cattle mutilation  Grin
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
They turn off the miners and use the electric bill money to buy instead. They're in the Bitcoin business, mining is just a tool. That pressure will keep the price up.

Unfortunately, I think the mining business has moved from Bitcoin accumulators to Bitcoin sellers. People saw the $$$ signs and jumped in, pushing the believers aside. This is not necessarily a bad thing but I do believe it has had some effect in dampening the price rise we were seeing.
You think their business is different and special? They offer a product and have customers. They don't hold unless they make a profit. They know the market better than anyone and can make money in any conditions because they know it's cyclical. Their customers expect no less.

It's not. It was. The nature of the beast and part of the process as Bitcoin progresses.
legendary
Activity: 1159
Merit: 1001
Attack of the red dildos!  Shocked

hero member
Activity: 742
Merit: 500
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
They turn off the miners and use the electric bill money to buy instead. They're in the Bitcoin business, mining is just a tool. That pressure will keep the price up.

Unfortunately, I think the mining business has moved from Bitcoin accumulators to Bitcoin sellers. People saw the $$$ signs and jumped in, pushing the believers aside. This is not necessarily a bad thing but I do believe it has had some effect in dampening the price rise we were seeing.
You think their business is different and special? They offer a product and have customers. They don't hold unless they make a profit. They know the market better than anyone and can make money in any conditions because they know it's cyclical. Their customers expect no less.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
hero member
Activity: 742
Merit: 500
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
we'll be back at 399 in a few hours...
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
They turn off the miners and use the electric bill money to buy instead. They're in the Bitcoin business, mining is just a tool. That pressure will keep the price up.

Unfortunately, I think the mining business has moved from Bitcoin accumulators to Bitcoin sellers. People saw the $$$ signs and jumped in, pushing the believers aside. This is not necessarily a bad thing but I do believe it has had some effect in dampening the price rise we were seeing.
legendary
Activity: 896
Merit: 1000
Soon people who bought in the 100-250$ area will start moving their coins from cold storage/paper wallets...
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Soon people who bought in the 100-250$ area will start moving their coins from cold storage/paper wallets...

thats a scary thought!
hero member
Activity: 742
Merit: 500
down 3.22% in a few hours

wtf who are these sellers and why are they so retarted?
Maybe they are tired to see their money be thrown out the window?
hero member
Activity: 504
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Moderator
legendary
Activity: 1498
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Soon people who bought in the 100-250$ area will start moving their coins from cold storage/paper wallets...
full member
Activity: 144
Merit: 100

wtf who are these sellers and why are they so retarted?

+1  Shocked
sr. member
Activity: 378
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legendary
Activity: 1159
Merit: 1001
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