Bitcoin Price Thread

[Pekelo]

Still have to read the article but the move happened both ways. 24 hours ago price tanked $200+ in an hour, but 12 hours later it rallied back to the same level. Then the same happened in the last 3 hours, $150 dump and immediate recovery...

So if it is whales, they are pushing it back and forth...

 

[Pekelo]

"The balance of wallet 3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r....fell by 6,500 bitcoin Tuesday, with the average sale price sale being $8,146.70"

Anybody is seeing a problem with this? You simply can't have this average price if price fell so fast. Specially that this was the cliff price, where the fall started...

 

[! Chad !]

Bitcoin whales dump $100 million of digital currency in 24 hours
Did a single seller move the price of bitcoin $200 in 20 minutes?

The market ate it like nothing.

 

[Esha.J]

What is the current position of BitCoin movement? It is going to be down or high.

 

[S2007S]

Bitcoin 'miners' are losing money at any price below $8,600: Morgan Stanley

• "We estimate the break-even point for big mining pools should be US$8,600, even if we assume a very low electricity cost (US$0.03 kW/h)," Equity Analyst Charlie Chan and his team said in a Thursday note.
• "Therefore, we think the Bitcoin mining hardware demand and price will decline further and affect TSMC's wafer demand," the report said.
• But the Morgan Stanley model estimates companies that sell the specialized mining chips would break even over two years if bitcoin traded near $5,000.

https://www.cnbc.com/2018/04/19/bit...y-at-any-price-below-8600-morgan-stanley.html

 

[dealmaker]

"

https://twitter.com/x/status/988752172434194432

"

 

[S2007S]

"

https://twitter.com/x/status/988752172434194432

"

And this Jen girl really believes this to be true


What a fool she is

 

[Esha.J]

What is the current position of BitCoin movement? It is going to be down or high.

No one replied to my question why? Is there any issue? Can anyone help me with this?

 

[dealmaker]

http://fortune.com/2018/04/25/bitcoin-price-prediction-john-pfeffer/

 

[Iamira]

what does a gov do when they're in a trillion dollar deficit? create a new hype called " cryptos & bitcoin trading and get everyone to pay for it by taking out loans and mortgages and spike the price to make all of us think ' yes it's possible for it to go back over 20k again! but not everyone will question the fact the rothchild family who's networth over 500 trillion dollar who lends money to global banks and central banks in this world would not like that! they will not give up without a fight hence they have more money to short sell the entire bitcoin all by them selves when they decides to. so i don't believe bitcoin is a great investment for the long run! might be ok to trade but not as an investment!