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TrashPosterInTheDark
replied 2924d
BitcoinHoarder
BTW this kind of signal was 100% relevant for all the BTC bubbles in the past. I called the last capitulation that way.
BitcoinHoarder
replied 2924d
So do you feel we are at or very near the bottom? Cryptos getting crushed. I’ve only been in sphere since 2014.
replied 2924d
whole market can still be slashed by half
Sk8eM dUb
replied 2924d
After mt. Gox BTC dropped more than 80% from the ATH. If the same happens now BTC = $2500 and mining will be unprofitable so it'll death spiral.
TrashPosterInTheDark
replied 2924d
https://memo.cash/post/31de3b3aea4ce46f760a1aa18b0f73d9ce51a0561675fd0a2ffb53b2469e0f27

I was waiting for a huge BCH transaction volumes but can't find any relevant charts.