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re: Official CryptoTalk Thread

Posted on 2/23/21 at 4:12 pm to
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 2/23/21 at 4:12 pm to
quote:

so that's 3,318 BTC for $170 million.

last year they bought 4,709 BTC for $50 million.

lesson there for anyone paying attention




That they buy a lot of bitcoin
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/23/21 at 6:03 pm to
Y’all heard about TightCoin? It’s $0.69 right now.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 2/23/21 at 6:06 pm to
quote:

Y’all heard about TightCoin? It’s $0.69 right now.




There's a sex joke in there somewhere


There's a Buttcoin, we need a Pussycoin
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/23/21 at 7:42 pm to
Bitcoin is now back to where it was 7 days ago ($49,5)

some of these other coins are still beaten down

worth paying attention to
Posted by finchmeister08
Member since Mar 2011
39875 posts
Posted on 2/23/21 at 7:44 pm to
I’m seeing $49,800 and some change.
Posted by FlyinTiger93
Member since May 2010
3724 posts
Posted on 2/23/21 at 7:57 pm to
50K overnight, 60K by the weekend.
Posted by HurricaneDunc
Houston
Member since Nov 2008
10472 posts
Posted on 2/23/21 at 8:00 pm to
quote:

Today has been rough, what's everyone thinking we wake up to tomorrow? More carnage or will the asians pump everything up?


I’ve been watching the depth chart on Coinbase at night before bed. Last two nights - heavy tilt on buy side around 10 or 11p, wake up in the morning and price has tanked. Can’t tell you that really means anything, but seems like Asia could be waking up and selling past few days.
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 2/23/21 at 8:04 pm to
Or some whales shorted the shite out of the market and used leverage to create flash crashes and then panic selling followed
Posted by TomSpanks
Baton Rouge
Member since Dec 2005
1248 posts
Posted on 2/23/21 at 8:04 pm to
That's definitely what has happened the last couple of nights, and I'm assuming that'll happen again tonight, but have no idea.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 2/23/21 at 8:05 pm to
I'm just gonna blame China because frick China and everyone who looks like China
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 2/23/21 at 8:06 pm to
Hey man it’s just cryptos going on discount
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 2/23/21 at 8:08 pm to
I know, but frick China anyway.
Posted by jmcwhrter
Member since Nov 2012
7776 posts
Posted on 2/23/21 at 8:21 pm to
quote:

I’ve been watching the depth chart on Coinbase at night before bed. Last two nights - heavy tilt on buy side around 10 or 11p, wake up in the morning and price has tanked. Can’t tell you that really means anything, but seems like Asia could be waking up and selling past few days.


Its a beautiful game they play. Many of the most popular Twitter influencers are European..

Every night the Asians grind it up with steady small green candles. Then at 7 or 8am London time, it plummets

Then they all blame "the asian session"
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 2/23/21 at 9:22 pm to
F2Pool dumps?
Posted by ChuckO1975
Member since Feb 2021
1292 posts
Posted on 2/23/21 at 10:08 pm to
quote:

Eh, there won't be any need for decentralization so it should scale easily.


Haha yeah good point!
Posted by jmcwhrter
Member since Nov 2012
7776 posts
Posted on 2/24/21 at 6:12 am to
quote:

F2Pool dumps?


That whole fiasco is interesting to me..

Am I correct in my understanding that these Chinese mining farms are running off of subsidized electricity from the CCP? Which you would assume means the CCP controls the BTC that these pools generate ?
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 2/24/21 at 6:28 am to
fricking China
Posted by HurricaneDunc
Houston
Member since Nov 2008
10472 posts
Posted on 2/24/21 at 6:48 am to
No overnight dip tonight
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/24/21 at 7:07 am to
saylor just bought 19452 more bitcoins
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 2/24/21 at 7:09 am to
quote:

saylor just bought 19452 more bitcoins




I just acquired .01 bitcoins
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