News Why Is Bitcoin Dropping?.. - GoFuckYourself.com

EddyTheDog · 02-25-2020, 08:02 PM

Surely it should be going up with everything that's going on at the moment - It seems to be trending with the international markets.....

freecartoonporn · 02-25-2020, 08:10 PM

good thing, its going down, finally i can buy some.

EddyTheDog · 02-25-2020, 08:12 PM

Quote:

Originally Posted by freecartoonporn

good thing, its going down, finally i can buy some.

I wish I same spare cash - I would definitely be in...

Goethe · 02-25-2020, 09:25 PM

Buffet said he didn’t own any and never would.

freecartoonporn · 02-25-2020, 09:27 PM

Quote:

Originally Posted by Goethe

Buffet said he didn’t own any and never would.

when ?

i mean is btc dropping becuase he said something like this ?

Goethe · 02-25-2020, 09:38 PM

Here you go: https://www.cnbc.com/2020/02/24/warr...chterm=buffett

He can move markets, that’s for sure.

jscott · 02-25-2020, 11:12 PM

better interview imo -> https://twitter.com/APompliano/statu...82409859006464

I don't trust Warren Buffet's opinions about anything innovative or tech related

DraX · 02-25-2020, 11:44 PM

Quote:

Originally Posted by jscott

better interview imo -> https://twitter.com/APompliano/statu...82409859006464

I don't trust Warren Buffet's opinions about anything innovative or tech related

In my opinion the financial elite who naturally are against btc are also the biggest threat to its success.

jscott · 02-26-2020, 12:22 AM

Quote:

Originally Posted by DraX

In my opinion the financial elite who naturally are against btc are also the biggest threat to its success.

He has massive influence, so yes sure he can try hard to keep a good thing down, but eventually ppl will see through his bs

shake · 02-26-2020, 12:26 AM

Quote:

Originally Posted by Goethe

Buffet said he didn’t own any and never would.

While I really like Buffet and even owned a Berkshire Hathaway share for a bit, he also said the same thing about owning any technology stock and didn't own any for a very long time.

He's very good at evaluating businesses and seeing opportunities but it doesn't mean he doesn't miss them too.

jscott · 02-26-2020, 12:46 AM

Quote:

Originally Posted by shake

While I really like Buffet and even owned a Berkshire Hathaway share for a bit, he also said the same thing about owning any technology stock and didn't own any for a very long time.

He's very good at evaluating businesses and seeing opportunities but it doesn't mean he doesn't miss them too.

Well put shake

Also, Warren Buffet invests in banks so ofc he has financial incentive to hate Bitcoin. He didn't become the worlds 4th richest man by being a sweet innocent old man

Goethe · 02-26-2020, 02:06 AM

Yup, not arguing with any of the points made, but in reply to the OP that’s probably the reason.

k0nr4d · 02-26-2020, 02:22 AM

Might have something to do with the bulk of miners being in china or something along those lines. They mine, and they have to sell at least a large portion of what they mine to cover costs. Since they can't mine due to quarantines, they are selling reserves.

ruff · 02-26-2020, 08:27 AM

The Bitcoin market is not doing anything new. Hills and valleys, hills and valleys.
Buy, hodl, and wait. This strategy has been working now for years. Just look at what you could have bought into exactly one year ago. Two or three. Now wait until this time in 2021. Bazinga.

InfoGuy · 02-26-2020, 10:39 AM

Quote:

Originally Posted by EddyTheDog

Why Is Bitcoin Dropping?..

There are more sellers than buyers.

EddyTheDog · 02-26-2020, 10:42 AM

Pushing down even faster now - 17% over the week - 7% of that in the last 24 hours...

nikki99 · 02-26-2020, 10:44 AM

I lost a lot of money

pimpmaster9000 · 02-26-2020, 10:49 AM

the halving countdown is nigh...75 days...mining rewards will halve...btc is a very very concentrated asset...miners and the 1% own most of it...to keep mining profitable they will have to stay above 12.000$/BTC when the halvening happens to account for electricity depending on what country...

djroof · 02-26-2020, 10:51 AM

Yes dropping but before that situation was going up... so still waiting for the next bull run!

ruff · 02-26-2020, 07:58 PM

This same conversation has been going on here for several years now. Unreal.

jscott · 02-26-2020, 09:57 PM

But i bought bitcoin, why its not going straight up?

Would it be possible that markets are for transferring wealth from impatient to patient?

;)

Major (Tom) · 02-27-2020, 02:39 AM

Quote:

Originally Posted by EddyTheDog

Surely it should be going up with everything that's going on at the moment - It seems to be trending with the international markets.....

Chinese miners dropping off

celandina · 02-28-2020, 07:45 AM

how much $$$ is one BTC today ?

jscott · 02-28-2020, 07:48 AM

Quote:

Originally Posted by celandina

how much $$$ is one BTC today ?

1 BTC will always be the same value of 1 BTC

But against the ever declining usd fiat shit, it goes for approx $8600 today

nikki99 · 02-28-2020, 09:52 AM

droppin g

02-25-2020, 08:02 PM	#1
EddyTheDog Just Doing My Own Thing Industry Role: Join Date: Jan 2011 Location: London, Spain, New Zealand, GFY - Not Croydon... Posts: 25,037	Why Is Bitcoin Dropping?.. Surely it should be going up with everything that's going on at the moment - It seems to be trending with the international markets..... __________________ - Chaturbate Script - https://gfy.com/fucking-around-and-b...er-issues.html - Now supports White Labels

02-25-2020, 08:10 PM	#2
freecartoonporn Confirmed User Industry Role: Join Date: Jan 2012 Location: NC Posts: 7,683	good thing, its going down, finally i can buy some. __________________ SSD Cloud Server, VPS Server, Simple Cloud Hosting \| DigitalOcean

02-25-2020, 09:25 PM	#4
Goethe So Fuckin' Bored Industry Role: Join Date: Nov 2014 Location: Across the Universe Posts: 1,085	Buffet said he didn’t own any and never would. __________________ yes

02-25-2020, 09:38 PM	#6
Goethe So Fuckin' Bored Industry Role: Join Date: Nov 2014 Location: Across the Universe Posts: 1,085	Here you go: https://www.cnbc.com/2020/02/24/warr...chterm=buffett He can move markets, that’s for sure. __________________ yes

02-26-2020, 02:06 AM	#12
Goethe So Fuckin' Bored Industry Role: Join Date: Nov 2014 Location: Across the Universe Posts: 1,085	Yup, not arguing with any of the points made, but in reply to the OP that’s probably the reason. __________________ yes

02-25-2020, 11:12 PM	#7
jscott So Fucking Banned Industry Role: Join Date: Feb 2001 Location: Taipei Posts: 25,198	better interview imo -> https://twitter.com/APompliano/statu...82409859006464 I don't trust Warren Buffet's opinions about anything innovative or tech related

02-26-2020, 02:22 AM	#13
k0nr4d Confirmed User Industry Role: Join Date: Aug 2006 Location: Poland Posts: 9,228	Might have something to do with the bulk of miners being in china or something along those lines. They mine, and they have to sell at least a large portion of what they mine to cover costs. Since they can't mine due to quarantines, they are selling reserves. __________________ Mechanical Bunny Media Mechbunny Tube Script \| Mechbunny Webcam Aggregator Script \| Custom Web Development

02-26-2020, 08:27 AM	#14
ruff I have a plan B Industry Role: Join Date: Aug 2004 Location: Seattle - Miami - St Kitts Posts: 5,501	The Bitcoin market is not doing anything new. Hills and valleys, hills and valleys. Buy, hodl, and wait. This strategy has been working now for years. Just look at what you could have bought into exactly one year ago. Two or three. Now wait until this time in 2021. Bazinga.

02-26-2020, 10:42 AM	#16
EddyTheDog Just Doing My Own Thing Industry Role: Join Date: Jan 2011 Location: London, Spain, New Zealand, GFY - Not Croydon... Posts: 25,037	Pushing down even faster now - 17% over the week - 7% of that in the last 24 hours... __________________ - Chaturbate Script - https://gfy.com/fucking-around-and-b...er-issues.html - Now supports White Labels

02-26-2020, 10:44 AM	#17
nikki99 Supermodel Industry Role: Join Date: Nov 2004 Location: Sodoma & Gomorra Posts: 22,832	I lost a lot of money __________________ SMC Revenue - Best Tgirl websites of the world now VR Non exclusive BIG Tranny/shemale Package for sale, full 2257 - hit me up skype: nikkimontero

02-26-2020, 10:49 AM	#18
pimpmaster9000 Too lazy to set a custom title Industry Role: Join Date: Dec 2011 Posts: 26,732	the halving countdown is nigh...75 days...mining rewards will halve...btc is a very very concentrated asset...miners and the 1% own most of it...to keep mining profitable they will have to stay above 12.000$/BTC when the halvening happens to account for electricity depending on what country... __________________ Report a suspicious cracker: Click Here

02-26-2020, 10:51 AM	#19
djroof JuicyDevils.gr Owner Industry Role: Join Date: Jan 2004 Location: Greece Posts: 25,372	Yes dropping but before that situation was going up... so still waiting for the next bull run!

02-26-2020, 07:58 PM	#20
ruff I have a plan B Industry Role: Join Date: Aug 2004 Location: Seattle - Miami - St Kitts Posts: 5,501	This same conversation has been going on here for several years now. Unreal.

02-26-2020, 09:57 PM	#21
jscott So Fucking Banned Industry Role: Join Date: Feb 2001 Location: Taipei Posts: 25,198	But i bought bitcoin, why its not going straight up? Would it be possible that markets are for transferring wealth from impatient to patient? ;)

02-28-2020, 07:45 AM	#23
celandina Too lazy to set a custom title Industry Role: Join Date: Jun 2006 Posts: 11,343	how much $$$ is one BTC today ?

02-28-2020, 09:52 AM	#25
nikki99 Supermodel Industry Role: Join Date: Nov 2004 Location: Sodoma & Gomorra Posts: 22,832	droppin g __________________ SMC Revenue - Best Tgirl websites of the world now VR Non exclusive BIG Tranny/shemale Package for sale, full 2257 - hit me up skype: nikkimontero