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/biz/ - Business & Finance

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10608570 No.10608570 [Reply] [Original]

Okay, here's the trillion dollar question; will the big support hold?

>> No.10608592

yep, pls gib 1 trillion dollaros

>> No.10608621

Long term, no. We may bounce in the immediate future but 2-3k or lower is a virtual inevitability, and triple digits a very real possibility.

>> No.10608627

>>10608592
sent ;)

>> No.10608647

Don't think so.

>> No.10608648

>>10608570
a trillion TRTL you say?

>> No.10608660

>>10608621
Wouldn't this basically kill BTC? It would certainly make mining it unprofitable.

>> No.10608689

>>10608621
Blpl

>> No.10608721

dat volume doe

>> No.10608741

>>10608621
bearcuck spotted

>> No.10608750

>>10608721
Lots of people loading up.

>> No.10608766

>>10608750

yup. one last big swing trade before the impending rally.

>> No.10609055

>>10608570
yes no maybe

>> No.10609059

>>10608570
No. We will dip under it. The break of the final support will be the final panic/capitulation. We will probably test the local high from mid August. But after that I firmly believe the bull market will very slowly return.

>> No.10609069

>>10608660
not for everyone

>> No.10609101

>>10609069
Even if you use solar it would be more profitable to just sell the electricity.

>> No.10609157
File: 45 KB, 320x256, 1520206365357.png [View same] [iqdb] [saucenao] [google]
10609157

>>10608621
>triple digits

>> No.10609282
File: 137 KB, 1506x558, 9647453452356y.png [View same] [iqdb] [saucenao] [google]
10609282

>>10608570

No

>> No.10609301

>>10609282
>5k capitulation
>arrow goes to 2.5k
Expert at work.

>> No.10609323

>>10608570
whales will push it below as one final push to capitulate retards and load up as much as possible before sending price back up

>> No.10609564

>>10609301

The text marks the zone, 2.5 is when the freefall stops.

I could be wrong though. Save the pic and check back in mid October to find out.

>> No.10609581

The volume is higher than it was at peak. Confirms that there is more money in the game than it was before. Since it's not average Joe and his wife it has to institutional money. Fucking banks try to overtake this granny BTC. When will you abandon this crap and switch to an useful alt??

>> No.10610512
File: 150 KB, 1905x820, Hash Rate - Blockchain 8-8-2018 12-47-48 PM.png [View same] [iqdb] [saucenao] [google]
10610512

>>10609069
Are you retarded? Bitcoin is already not profitable to mine at retail electricity prices virtually anywhere in the world at current price.

>> No.10610620

>>10610512
too bad chinks steal electricity to mine it right? already existing equipment free electricity they can mine at $100, not to forget difficulty drops as some others quit and gets easier and more profitable for the rest.

i can also see some miners actually start buying coins instead of selling them if it gets cheap.

>> No.10610636

>>10609282
>can't even read the dynamic of his own chart lol