/biz/ - Business & Finance

>>23150124
it is overhyped at launch - essentially appearing in the top 10 at launch. think about that anon. The idea is nice and the tech is good but it's not THAT good. It makes it easy to launch blockchains. Think about it, you select the properties you want your blockchain to have and easily launch a new blockchain using their platform.
>Do you think every shitcoin needs it's own blockchain?
fuck no
>Would every shitcoin benefit from its own blockchain?
again no
>do you want to base mission critical shit for your app or company on a blockchain that the creators of said blockchain point-and-clicked their way to a finished blockchain? a blockchain that they wouldn't even know how to maintain or upgrade themselves?
>blockchains as standard package upgrades
major boring shit anon. anyway have fun with it, i'm sure it will do fine.

How many Linkies to get me a fine specimen like (picrelated)?

Think about it faggots. BTC miners with massive bags haven't dumped yet but they are also not profitable as in losing money hand over fist.
>some miners holding massive bags hoping for a BTC surge to keep them in business.
>other miners holding massive bags are planning to exit and sell into strength
where is the strength to sell into? it ain't there. this has been priced in for a looooooonnng time. there is no fundamental reason for BTC to surge other than miners need BTC to surge. alternatively improving mining tech can keep miners profitable at half the income.
>capitulation
miners hoping for price surge to keep them profitable and miners waiting for a price surge to sell into strength are only going to hold out for so long before trying to exit. the sell pressure on BTC is going to be massive. buy the bottom faggots. it's coming.