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Started By
Message
BTC just went below $30,000.... The 52 week low is $28,893
Posted on 5/9/22 at 7:24 pm
Posted on 5/9/22 at 7:24 pm
It seems to be jumping up and down on it. Maybe the hold the line point.
This post was edited on 5/9/22 at 7:29 pm
5
Posted on 5/9/22 at 7:29 pm to Jjdoc
It’s not a good place IMO. Massive h&s completing here.
Posted on 5/9/22 at 7:32 pm to TigerDeBaiter
quote:
It’s not a good place IMO. Massive h&s completing here.
It's now $1000 of 52 week low
Posted on 5/9/22 at 7:45 pm to Jjdoc
The nice thing about my BTC is that it’s paying me interest of 38% APY so it softens the sting a bit.
Posted on 5/9/22 at 7:46 pm to Jjdoc
everyone has pointed to 28K for several days now. Makes me think it will either hold above it or plunge right through
Just the cynic in me assuming the consensus is usually wrong
Just the cynic in me assuming the consensus is usually wrong
Posted on 5/9/22 at 7:53 pm to Ross
quote:
Just the cynic in me assuming the consensus is usually wrong
Well, I'm still mining away!
:)
Posted on 5/9/22 at 7:53 pm to Ross
Take 28, cut it in half, there’s the floor.
Posted on 5/9/22 at 7:55 pm to Jjdoc
I’ve got my little nVidia 2600 getting me like a dollar a day. I’ll make up these losses one day 
Posted on 5/9/22 at 8:00 pm to METAL
The floor is $0, because there are no assets backing it at all. At least with regular equity you have assets which can be liquidated in a fire sale. Bitcoin has no such assets backing its equity.
Posted on 5/9/22 at 8:12 pm to cokebottleag
Valid. I meant in this bear market it will hit 14
Posted on 5/9/22 at 8:15 pm to METAL
Will stair step down toward $10k and probably front run the bounce around 12 .. then about 6 months before next halvening it will start pushing again
Posted on 5/9/22 at 8:18 pm to Jjdoc
quote:
Maybe the hold the line point.
Just bought another coin today. Will only buy another if we hit 20k.
Like someone else said, now is the time to stack before the next bull run in 2 years (halfening)
Posted on 5/9/22 at 8:22 pm to METAL
Where are you getting that if you don't mind sharing?
Posted on 5/9/22 at 8:27 pm to Jjdoc
It will be zero
And our future society will look back and laugh at our stupidity
And our future society will look back and laugh at our stupidity
Posted on 5/9/22 at 8:29 pm to rlay002
quote:
Where are you getting that if you don't mind sharing?
I hear the anchor protocol on Terra is paying up to 20%... Probably looking for new investors right now
Posted on 5/9/22 at 8:30 pm to KillTheGophers
quote:
It will be zero
And our future society will look back and laugh at our stupidity
We are seeing financial institutions, countries and the largest energy companies in the world getting involved.
Bitcoin is here to stay.
Posted on 5/9/22 at 8:33 pm to Ross
quote:
I’ve got my little nVidia 2600 getting me like a dollar a day. I’ll make up these losses one day
LOL!
I mine ETH and get paid in BTC.
At this point, I will take my daily BTC, convert to USD and purchase stocks. The return seems to be more appealing right now.
Will HODL what I already have.... Direct deposit into RH and trade with it.
Posted on 5/9/22 at 8:39 pm to KillTheGophers
quote:
And our future society will look back and laugh at our stupidity
So they are going to look at me and say "You were stupid for putting money in your bank account everyday from mining!"
That's what they are going to say?
Posted on 5/9/22 at 8:59 pm to rlay002
I misspelled it. HEX… My HEX is making me 38%.
Posted on 5/9/22 at 9:01 pm to METAL
It will eventually hit around last cycle's top (19k), we also have about another 2 years of this bear market so I'm in no hurry to buy anything. Not wasting my time and money buying all the way down like I did last bear market
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