/biz/ - Business & Finance

Remember my face.

>>17798550
Can't mine BTC if you're dead

Good, I missed the 3K dip I won't miss the 1k8 dip

>>17798563
already forgot. damn its so pathetic you need to remind us about this faggot all the time

Dont care
Already sold all my coins
Smell you later faggots

>>17798550
This is it bois

>>17798550
does it mean miners are leaving or what?

It was fun

>>17798793
yes, en masse, just as I've vocally predicted for almost a year as the halvening approaches

>>17798563
Down 60% over 30 days
HAHAHAHAHAHAHAHAHAH

>>17798955
Cope

>>17798720
Was considering selling the last time when BTC went above 10k but decided not to because the halving is this year. Big mistake.

>>17798563

Isn't your shitcoin worth around the same as bitcoin gold or diamond now?

>>17798837
>>17798550
This happens during every halvening. Each one of these fucks will be back when the price starts going up even a little. Which will automatically happen as supply goes down.

Absolute NothingBurger Bobo.

>>17799136
ZEC looks fairly dump resistant.

>>17799385
>mtgox
where's my fucking money already?!

>>17799385
If the price stays down BTC is dead.
It'll be great when you fuck heads finally realize this.

>>17798550
It's just natural when prices are falling. There is really nothing to see here, difficulty will adapt, as it is supposed to.

>>17798550
s9 miners have a breakeven at $7k this is bullish if they are only 20% of the network. very bullish.

>>17799943
well probably higher than $7k with the difficulty growth.

>>17799943
There is nothing bullish about btc being dumped by craig except for bsv

>>17799874
>Oh no, BTC is dying
Oldfags have been hearing that twice a year since 2009.

>>17800082
craig got nothing to do with this he doesn't even have btc to begin with. he got like 14 stuck on gox and that's about his stack.

>>17799874
If the price stays down on any asset on Earth them its dead, brainlet. How is Bitcoin different? Also the difficulty will either drop and make mining profitable again, or people will add more fees as the mempool grows encouraging miners to turn on more equipment before the difficulty adjustment

>>17800082
https://cointelegraph.com/news/bitcoin-miner-stumbles-upon-8m-stash-from-2010-sells-before-crash
btw if you are interested

>>17800122
>If the price stays down on any asset on Earth them its dead
litecoin was $4 for years then it went to $300 just to name an obvious example

>>17798563
Imagine buying a con artists fork of a con artist fork. Absolute state

>>17798550
what website is this? on data.bitcoinity.org it's different

>>17800122
chain death spiral, if the hash rate drops too precipitously, the difficulty can't adjust in time. Also, since the rewards will be cut in half, that will be a strong disincentive to continue mining operations, further decreasing hashrate. Best case scenario, there is a sustained drop in price as a consequence of hashrate drop, worst case scenario is chain death spiral.

Only way I see this going up is exchanges and miners tether-pumping this scam up to the point they can lure in some new money, but that looks tenuous to me at best.

>>17800784
Yeah or people who have a vested interested in keeping the ponzi going continue mining at a loss in the hopes the price goes up eventually

god u are all retareded. bitcoin dies like twice a year for over ten years. this thing will be over 10k in like 2 months

>>17798720
smartest man in the room

>>17799332
baka

>>17800784
Fees will drive the price up if no blocks are found. That encourages miners to turn back on their equipment. The limited block size for btc is part of the game theory.

>>17800868
I generally agree but this time is different. It failed the test.

>>17798837
surely difficulty would adjust. less companies mining = decreased difficulty = profits for the companies left behind.

>>17800153
Didn't really stay down then did it

>>17798550
>Mining in 2020

>>17798550
but that's not true

>>17798550
that's because USA is priced out until 6k

>>17800122
The majority of other assets can recover from a drop in price.Not so BTC. People will not add more fees. No one if going to pay $100 for a transaction. There will be a migration to BSV, which has 60% of the total number of txs on the various bitcoin chains and is profitable to mine.

>>17800784
This. If the price was pumped people would prbably go to jail. BTC is kill this summer.

Who is even stupid enough to mine this shit anymore? Bitcoin is finished

Good, CSW (the real Satoshi) WON.

>>17799385
Then why are so many of you hyping that it will go up?

>>17801730
First that is, not down

>Buy BTC before halving it's gonna go up!

Lmao if it happens "all the time" why buy before?

>>17801709
But he lost.

Look, it's not difficult to check.
https://bitinfocharts.com/bitcoin/

Wtf is wrong with you people?
https://diff.cryptothis.com/

Frenchbro confirmed for brainless.

>2017+3
>Still posting Dragonbreaker threads

>>17798550
>Crashed
fake news, it's at 110 exahashes/s as we speak
https://www.blockchain.com/en/charts/hash-rate?timespan=30days
https://www.blockchain.com/en/charts/hash-rate?timespan=60days
https://www.blockchain.com/en/charts/hash-rate?timespan=1year

Let's do a pol. just say :
bear ( if you think that is gonna fall)
bull (if you think that is gonna dump)

>>17798837
you are an idiot if you really believe 40 bil is trade daily
wash trading bots do not make real volume
the miners new coins have to move of the fiat ramp to pay for electricity so that supply is still pretty dominant

as for the current price action if btc doesn't decouple from the rest of the market and prove itself a safe haven then its in deep trouble
personally i say wait for the first bank holidays in europe than see what btc does

>>17802905
I got involved back in 2012, and I've sold every single satoshi of BSV already, literally made millions
enjoy holding empty bags

>>17803074
probably larp, but even as larp
what did you cash out into, cause changes are good that will tank hard too in the coming months
again personally i rather risk it in holding my shitcoin bags than let the bank bail me in for al i am worth

>>17803134
fiat, then bought property and precious metals, am far away from central urban areas, place with plenty of sunlight all year long, and have food for months in any case

>>17798550
that just means mining will be more profitable and more miners will get turned on

>>17799332
Typical newbie mistake of not selling during the news.

>>17801189
it does this goes up goes back to 10% goes up again goes back to 10% but it doesn't go to zero for some reason. and bitcoin is a hell of a lot stronger fundamentally than any alt.

>>17801591
>There will be a migration to BSV
that's the only thing that will never ever happen. a lot of scenarios are possible tho. most likely btc stays alive and goes into a bull market in a year or two.

>BITCOIN IS DEAD ANY MINUTE NOW FOR THE 10,000 TIME!

>>17798837

Hi kurt

>>17804319
I'm not Kurt, didn't mean to imply that I wrote that, but I've expressed the exact same sentiment for just as long