So there's a guy with 12 million holding a buy wall at $12,600

So there's a guy with 12 million holding a buy wall at $12,600...

Is this bullish?

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hes just placing his shorts before pulling the plug

Bitcoin will never be less than $12K. Smart money is pouring in right as we speak. Buy now or die poor, faggots.

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Nah, we are making a giant bullflag. Gonna take a few months of swinging between 13k and 10ish

I bought at 3.5k, thinking of selling.

Why would you sell before it gets back to ATH? At this point everyone knows it's at least going to test $20k again and most likely explode through it within a matter of months.

There is a perfect storm of: global economic worries (rate cuts, QE, massive debt and money printing, Deutsche Bank, etc.), China creating a national digital currency (spurred by Libra worries), Bakkt, ErisX, Fidelity, and finally the halving. There is going to be a massive supply shortage combined with major media attention. You'd be crazy to sell now unless you're a swing trader.

We are fast approaching the point where the majority of people will not be able to afford even 1 BTC.

Until everybody realizes that it costs more to mine BTC than what it's worth, and everyone stops mining, the network freezes and fungibility drops to zero. Then we'll all be holding a bunch of 1s and 0s worth actually $0.

do it

cry more bobo nocoiner

>taking size of walls for face value

how fucking knew are you dude?

Holy fuck you're dumb as shit.

what is bullflag

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oh yeah sure. that will definately happen lmao. in your wildest dreams nocoiner. sorry about the heavy chink scamshitcoin bag you must be holding

The mining problem is a mathematical probability. BTC is caught in a catch-22. The more money it's worth, the more people start mining, the less individual miners make. The less it's worth, the profitability of mining itself drops. If you don't understand this, you won't make it. You can ride the wave for a while, just know that if this question doesn't get answered, you're not going to make it.

btw, pic related - now let's see how much you have

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>taking the order book seriously
never going to make it.
it's worthless because like 95% of all orders are fake ones that disappear as soon as the price gets close to them and exist solely to fool newfags.

The price has hit that wall several times now though.

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>4.3 BTC
hehehehehehehhe

You do know that if the price falls and there are less miners that are profitable so the nonprofitable ones stop mining... the difficulty drops and miners get more BTC right? There will always be a sort of balance as far as mining goes.

here faggot motherfucker. here is what i have.

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cool boomer portfolio

Ooohuhuh, kek

yeah i should be holding chink shitcoins instead amirite kek

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Okay? You have twice what I have in BTC. I'd be impressed and accept your position of authority if you had 1000+ or even 100+, but you don't.

That's like a girl being unimpressed with you saying you have 5" dick so you take out 5.5" dick.

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fucktard challenges an internet random nobody to show what they have while posting his own bag that nobody asked to see and now has to retroactively COPE to save face on an anonymous vietnamese cooking board.

go kys

I am actually laughing at how mad you are.

im laughing how hard your backtracking to COPE.

what kind of shitard moron posts his bags without prompt without thinking his pultry 4btc was impressive lmao.

poor fag. kys. never gonna make it.

How do you think you would cash out USDT?

Or you are hoping to sell on Coinbase? But Coinbase does not want to lose real USD.

What is your withdrawal strategy?

Just use a binary to ASCII converter and you are good to go

01000111 01100101 01110100 00100000 01100010 01101001 01110100 01100011 01101111 01101001 01101110 00100000 01100110 01100001 01110011 01110100 0001010 0001010 01010011 01101001 01101101 01110000 01101100 01111001 00100000 01100111 01101111 00100000 01110100 01101111 00100000 01101000 01110100 01110100 01110000 00111010 00101111 00101111 01100010 01101001 01110100 01100011 01101111 01101001 01101110 00101101 01100111 01100101 01101110 01100101 01110010 01100001 01110100 01101111 01110010 00101110 01101111 01101110 01101100 01101001 01101110 01100101 0001010 0001010 01000001 01101110 01100100 00100000 01110100 01101000 01100001 01101110 01101011 00100000 01101101 01100101 00100000 01101100 01100001 01110100 01100101 01110010

Sell it and buy cheaper.

Just don't do small margins, you will get caught with your pants down.

I have bought and sold into USD dozens of times on coinbase, over the years. I cashed out $20,000 in 2018 through coinbase.

I don't know what you are implying, but the website is perfectly usable, despite the high fees.

It depends if he's keeping that with monopoli money that the NYAG will eventually render valueless.

>it costs more to mine BTC than what it's worth
Whales won't allow this to happen. Hence, the halving is almost guaranteed to raise the price.