/biz/ - Business & Finance

It doesn't exist

>>9578468
WAKE ME UP INSIDE

7400 or something like that before a slight bounce for a day

>>9578462
$7600 for now probably
expect to see sub $7k by june

>>9578462
How much does it cost to mine a bitcoin?

>>9578492
It was 6.7k in marches crash, I haven’t checked mining cost calculator but i would roughly guess 7.5k

Do not fall for banker tricks, let it die

Institutional investors say it's somewhere around $1000.

>>9578468
the people who already killed themselves can't sell tho...

>>9578523
>doesnt cash out bags for coke fueled hooker overdose
Why even get into crypto?

>>9578509
In the U.S. average cost was about $5k in March, but there are countries where it was much higher (South Korea was about $26k) and also where it was much lower (even some less than $1k). No idea what it is now, I imagine not a whole lot more or less than that, though.

>>9578462
around 7500, buy this shit up plebians

>>9578490
hahahahha

>>9578562
>doesnt factor in rig costs/outdoor weather
Found the antminer

>>9578604
I don't mine. That said, I don't think mining cost even matters if you're trying to determine a floor. 4chan likes to believe the market's being manipulated by whales and miners, but a lot of the dumping is organic in that people really have given up.

It can't crash forever. We already oversold hard, now it's just panic. We're supposed to rebound to 8k.

where is the bottom i got buy orders at 7050 and 7210 but i don't know what the fuck im doing

>>9578519
Source?

>>9578462
>bch below 1k
hahahah, where are you cashies now? what a shitcoin

>>9578663
I was betting on 75. Looks like I might have been right.

>>9578462
Who the fuck is actually dumping here. Is there something wrong with their brains? Are there people out there who really think we're going back to 5k? Go ahead. Waste your money.

always remember:
"All weak hands must all be shaken out before the millionaires of tomorrow can be created"

>>9578695
I'm not saying BTC won't recover - hey, maybe it'll bounce to $9k by next week - but it's not impossible, hell, it's not even improbable, that this (a) continues to dump to $6k or lower and/or (b) literally never re-attains the prices we're blowing past now.

>>9578490
We need to go deeper

>>9578595
yikes

Why is everyone so surprised? Look at the 6 or 12 hour charts for BTC/USD. A month ago, there was that huge green dildo from $6700 to $8090 out of nowhere when there was haedly any volume. And it didn't just stop there, it kept rising every week with no corrections. I wouldn't be surprised if there's a huge red dildo down to sub $7K to complete the bart.

>>9578695
>he doesn't leverage swing trade his whole stack for a guaranteed 2x every month on the way up and down
>making it
pick one

>>9578741
I mean IDFAG either way I'm mostly in fiat waiting for confirmation, down to 3k would be unbelievable.

It actually makes perfect sense.

>>9578753
Ya but, shut up and maybe it wont

>>9578476
I CAN'T WAKE UP

who else enjoying these
>mfw closed shorts at 7600

>>9578847
SAVE ME

>>9578741
>literally never re-attains the prices we're blowing past now.

>>9578923
Sometimes things don't recover. Just like sometimes a human dies for a disease. Plenty of examples in history of bubbles that popped and did not re-inflate.

>>9578923
:')

Where do you want it senpai?