The major factors that caused the previous bullrun

[Anonymous No.17042442]

1. Mining being profitable with GPUs that were up until that point reasonably priced.
2. The bcash fork which everybody wanted in on because it was supposedly going to replace Bitcoin.

Today people have wised up on scamcoin forks, ICOs and similar and that a new and upcoming mineable coin is in the works seems highly unlikely.
The established brands are here to stay and newcomers will be squashed.
The next bullrun wont be anything like the previous.

[Anonymous No.17042458]

>>17042442

So Bitcoin (XBT) is the one, ok faggot tell me something I didn’t already know. Lmao this board is trash.

[Anonymous No.17042462]

>>17042442
in the previous bullrun gpu mining was impossible a long time ago.

[Anonymous No.17042471]

>mining cost meme
ever heard about hash renting? cost of mining is zero or below zero you disabled tranny

[Anonymous No.17042473]

>>17042462
No it wasn't. It was easy to make money mining Ethereum.

[Anonymous No.17042489]

>>17042473
ethereum was no factor in the bullrun when will you fags learn only bitcoin truly matters. and bitcoin gpu mining was pretty much dead by 2014.

[Anonymous No.17042491]

Also mining with gpus = normie = higher adoptation.

[Anonymous No.17042501]

Everything after Wastelands is trash.

[Anonymous No.17042506]

>>17042489
Its clear that you have no idea what you are talking about and i suggest you shut your stupid mouth before you make an even bigger fool out of yourself.

At the height of the bullrun you could make over $10 paid in bitcoin mining ethereum on the nicehash network using a single vega64 gpu you utter mongoloid.

[Anonymous No.17042508]

>>17042442
>>17042473
So let me get this straight.
Easy mining led to more supply which caused a bull run?

[Anonymous No.17042524]

>>17042506

And how long did that last? lmao, I’ll see myself out.

[Anonymous No.17042531]

>>17042508
Easy and profitable mining created hype.

[Anonymous No.17042539]

>>17042524
What does that have to do with the price of fish? Have i denied that the bullrun came to an end quickly and abruptly? Don't let the door hit your microscopic head on the way out then, faggot.

[Anonymous No.17042540]

>>17042501
you're not getting me with this bait

[Anonymous No.17042549]

>>17042442
>Miners mine coal not because somebody is paying them to do it in exchange for the coal, but because they like doing it

[Anonymous No.17042554]

>>17042506
again. who cares about shitcoin mining? it's meaningless eth is gonna abandon pow anyhow.

[Anonymous No.17042555]

>>17042549
If miners make insane amount of money from extracting coal then more want to get in on it, especially if it is easily accessible.

[Anonymous No.17042571]

>>17042554
>again. who cares about shitcoin mining?
You couldn't even get GPUS on the secondary market except at a huge markup during the bullrun. That should give you an indication.

[Anonymous No.17042621]

>>17042571
meh... you still don't get it. shitcoins don't matter. they never did. it's an illusion. their market cap is also an illusion. eventually all will bend the knee.