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53456965 No.53456965 [Reply] [Original]

The greatest test of crypto is right ahead of us. Will number go up hold?

>> No.53456989

>>53456965
Bitcoin was launched during bear market
The halving don’t care what your macro environment looks like
Miners get less to sell and they sell the most new coins
It’s simple market scarcity
At this point bitcoin will pump and dump just because banks know it will and they’ll take advantage

>> No.53457012

>>53456965
halving is priced in

>> No.53457024

>>53457012
Yeah you guys have said that before and were wrong

>> No.53457047
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53457047

>>53456965
Gigadump incoming (basically, sub 10k is programmed and has been for well over a year). But not just Bitcoin; gold and silver will also begin falling (although slower than Bitcoin), both gold and silver have basically topped.

>> No.53457070

it won't survive.
Miners don't have access to cheap easy credit anymore and this causes problems
- Miners can't invest in the latest most efficient mining rigs
- Those that do will drive up the difficulty and profitability floor making inefficient miners go bankrupt
- Razor thin margins on the block reward will create a very unstable mining market
- Expect huge variations in the amount of hash power committed to BTC, block confirmation times will also vary a lot.
- Transaction fees may rise as users try to bribe their way into blocks for speculation purposes that are time sensitive.
- Other SHA256 chains will absorb BTC's mining hash

>> No.53457085

>>53457070
Hash rate is at ath you retard

>> No.53457149

>>53456965
>>53455555

>> No.53457179

>>53457085
and the havening hasn't occurred yet you dumbass