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/biz/ - Business & Finance

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19098632 No.19098632 [Reply] [Original]

STRAP IN BUCKO THE MINERS ARE CAPITULATING YEEEEEEEHAAAAAW

>> No.19098649

But it's going up?

>> No.19098657
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19098657

>>19098632

>> No.19098662
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19098662

OH MY FUUUUUUUUUCKkkk

>> No.19098669
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19098669

>>19098632
>BTC on a fresh high
>"the miners are capitulating"

>> No.19098670

>>19098632
cope harder

>> No.19098680

>>19098649
>But it's going up?
-40% = UP? HAHAHAHAHAHAHAAHAHA
https://www.coinwarz.com/mining/bitcoin/hashrate-chart

>> No.19098688

>>19098632
What the fuck are bears talking about all the time

>> No.19098689
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19098689

Yeeeeah finally. This shit is collapsing. I need to sell all my BTC now for cash before BTC goes to ZERRRROOOOOOO

>> No.19098706
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19098706

HAVE ONE OF THESE ON THE HOUSE BULLFAGS

>> No.19098707

>>19098680
??? When you click on "All" on that time chart it's near an all time high? Dumb nigger much?

>> No.19098719

>>19098707
Don't sign your posts

>> No.19098732
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19098732

>>19098706
>HAVE ONE OF THESE ON THE HOUSE BULLFAGS

Always a good arguments

>> No.19098924
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19098924

yikes

>> No.19098953

>>19098924
That's some serious TA. just sold everything.

>> No.19098997

>>19098632
literally does not matter. Difficulty will adjust in a few weeks and miners will come back.

>> No.19100085

>>19098997
Or they won't, doesn't matter either way. We have way more hashpower than is needed.

>> No.19100109

Who cares everyone trades futures or on exchanges no one actually uses the blockchain lmao

>> No.19100114

>>19098997
and then it will jump up again and they'll jump off
they wont be making any money on btc

>> No.19100180

>>19098924
wtf is that chart supposed to show exactly?
https://bitinfocharts.com/comparison/hashrate-btc-sma14.html

>> No.19100319
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19100319

>>19098632
>r/bitcoin said I can't lose
>muh trumpbux is down to $300?!! I'm sellin this shit 'fore I lose all muh money!!
Longs & weakhanders rekt

>> No.19100367

>>19098632
oooOoOoooOooo linkies

>> No.19100651

>>19100180
>https://bitinfocharts.com/comparison/hashrate-btc-sma14.html
>14 day moving average
by definition a trailing indicator. capitulation is starting now. massive drop in hashrate today. it doesn't look good. miners are shutting down.

>> No.19100674

>>19098632
what does that even mean

>> No.19100700

>>19100651
why would any more miners capitulate? about 40% already did the rest is in profit at these prices. 7nm miner profitability is from $3k to $5k pre halving at higher hashrate. about 60% of the hashrate is about fine here.

>> No.19100722

>>19100700
not to mention in a few days the difficulty adjusts down and they will be even more profitable.

>> No.19100732

>>19100700
what do you think will happen when btc plummets in the coming days from the miner sell-off that's just now getting started

>> No.19100833

>>19100732
>implying the price will budge
>implying the miners that were barely profitable before on 10nm miners have anything left to dump
>implying you have a clue what miners do

>> No.19100864

>>19100833
checked and retardpilled

>> No.19100932

>>19100864
look i know it can easily drop to $6k where only the newest miners about 40% of hashrate remain profitable. i'm actually short on bitcoin just on general caution so that would be nice. but that guy is just full of shit. he doesn't know anything just like the rest of us. it's not sure we will see any drop at all.

>> No.19101027
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19101027

>>19098632
>Be me miner
>Decide that its time to sell as its no longer sustainable
>Have 2 choices
>A sell slowly to maximise profits
>B dump it all at once to not only crash the market but have the minimum amount of profits
>C sell only the gear and hold my bitcoin i did mine for the future
OFC THEY WILL PICK B OP SO SMART HAHAHAHAHA GENIUS REALLy.

>> No.19101050

>>19101027
3 choices*

>> No.19101147

>>19101050
they could actually choose to mine the shitforks until btc goes up

>> No.19101256

>>19101147
>he found the secret option.

>> No.19101346

DOWN WE GO LAAADS

>> No.19101469
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19101469

I'd just like to say this thread started at 9800 and now we are at 9400. Fuck each and every single one of you.

>> No.19101474

Ah good, just on time. I have a good sizeable chunk to buy for the crash.

>> No.19101586
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19101586

>>19098669
This comment made me sell everything.

>> No.19101649

Imagine selling your BTC for less than $100k.