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/biz/ - Business & Finance

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>> No.18942081 [View]
File: 232 KB, 590x718, 1588466642279.png [View same] [iqdb] [saucenao] [google]
18942081

>big respect for XMR and BTC
>hasn't seen pic related

>> No.18831344 [View]
File: 232 KB, 590x718, btc_is_shit.png [View same] [iqdb] [saucenao] [google]
18831344

>>18830395


BTC hashrate will plummet post halving. We will be seeing many mining operations outside of places like China shut down operations.

At current levels the halving means that BTC rewards will drop by 53692.75 USD Per block. Operations within that margin area will have no choice but to kill their operations.

The price isnt going to skyrocket because Miners decide to sell higher. There are too many traders and too much existing BTC for a block reward reduction to have this effect because traders will just keep pushing them down.

Further, these operations that shut down may actually dump stacks to cover costs and take what profit they have; actually pushing the price lower, not higher.

>> No.18830850 [View]
File: 232 KB, 590x718, mcafee.png [View same] [iqdb] [saucenao] [google]
18830850

It's over

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