So Bitcoin is dumping again

up down, up down.
What's so special about today?

It's like google ranking... you never know.

But on a month chart it looks good.
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Whales gonna whale! Everyone bullish with the halvening...was a great shakeout! We may see $7,400.
 
Man, Bitcoin is a fucking rollercoaster and I hate every minute of owning this shit. I hope it rises after the halvening so I can sell it and never look back. :D
 
imagine if there was another cliff down to $4,000 soon.. might be a pretty good time for more bag filling.

This halving/bull run will be different though.. too many people are prepared for it this time and waiting for the golden handout. Gotta shake that confidence a bit first...

it'll probably dive out the bottom of the triangle to $2k just to hit a bunch of stop losses and get as many weak hands to drop their bags as possible.
 
No idea bit there may be price drop after Bitcoin halving
A few months ago it was estimated that Bitcoin mining was not profitable below $3500 anywhere in the world. Since then mining difficulty has increased and now with the halving that would mean if BTC drops below $7000-8000 at minimum it would be unprofitable. Mining generally has always been profitable.
 
A few months ago it was estimated that Bitcoin mining was not profitable below $3500 anywhere in the world. Since then mining difficulty has increased and now with the halving that would mean if BTC drops below $7000-8000 at minimum it would be unprofitable. Mining generally has always been profitable.
That is true. If it becomes unprofitable and a bunch of miners turn their rigs off because of that though it'll go back to being profitable for those who are still mining.

Also any miner that turned their rig off between a halving and the peak has got to have rocks in their head, even if it goes below cost. They'll probably mine at a loss with the prospect of making profit once the climb begins.
 
No idea why everyone thinks 'the halving' should make so much difference, people talk like the total supply is going to be halved, it's just the miner rewards. Barely makes any difference to the total supply.
 
People act like they are the only ones knowing about this halving. Whales with millions in BTC don't know yet, but fucking jimmy with his 30 bucks in BTC knows about the halving.
 
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