Bitcoin at 700k by 2021 confirmed

[Anonymous No.17259158]

Coronachan spreading in singapore at hong kong at insane speeds(high demography small places).

Do you know which other place is at very low virus cases for now(but has enough to grow at singapore, hong kong levels).

TAIWAN, the place were all advanced chips of the world are produced, worse taiwan is an island that depends on export-imports to power it's economy.
Taiwan, Singapore and Hong Kong are going to be rekt from this shit due to their high population density.

So why will bitcoin be above 700k in 2021?Because all asics and cpus are going to be out of production as long as taiwan is closed , at current levels Taiwan will be the most fucked place after china , singapore and hong kong in two weeks.

What happens when asics and cpu production stops no longer forcing the owners of the machines to upgrade asics and dump a portion of their income every month for that?

It's going to be a double halving, halving caused by the code in may, and halving caused in april due to asics no longer being in production(which means miners won't need to dump 1 cent to upgrade machines during the bullrun).

This is it boys the fourth turning is about to start , be ready and if you can buy some of the latest amd cpus to mine monero, because tsmc will also be out of production, meaning amd will be out of stock and mining monero will give incredibly income for two years.

[Anonymous No.17259188]

corona chan is a meme

[Anonymous No.17259190]

>>17259158
>INB4 Schizo

Taiwan is among the highest population densities in the world the clostest we have to that are singapore and hong kong.
And guess what?Hong Kong had no cases at the start of the week and they have 56 already.

And Singapore had very little cases and now they have 72, this shit is so contagious that 5 people in france became infected and only one was in singapore(when there were no cases).

The other 4 had not been in Asia.

This shit is going to rekt HK, Singapore and Taiwan and probably Japan.

[Anonymous No.17259275]

>>17259188
This shit

https://en.wikipedia.org/wiki/Basic_reproduction_number

may have a spread as high as smallpox if not more, and just smallpox it spreads through air, but contrary to smallpox you don't get symptoms until your lungs are colosally fucked.

We have never seen anything like that believe me it's not larp.

Sars killed too fast to spread.

Ebola spreaded through shit

Smallpox and Measles clearly exposed the carrier in the skin

Diphtheria spread through saliva

Rubella had also skin symptoms

This is a fucking colossal disaster that low iq morons think it's a meme.

The closest thing to this is the 1918 influenza

https://en.wikipedia.org/wiki/Spanish_flu

and that shit

1_Had a r0 of 3 not 7 as coronachan
2_Had syntoms 1 week not two like corona
3_Did not spread more due to slow transportation and war borders being closed.

This shit is common flu updated to kill 2%.

I am not even memeing this crap will fuck the world economy until a vaccine is found which will probably take two years due to tests(if they do it fast as fuck and people die because they fucked up nobody will touch an hospital in a decade).

We are going to experience a colossal economic shitstorm the next two years, if you can buy two years of food do it.

[Anonymous No.17259353]

>>17259158
bullish for ARPA.

[Anonymous No.17259454]

>>17259158
Thats actually bearish: the price of bitcoin is justified by the energy/hashing added to it. If hashing stagnates, so will the price/security in the network.

[Anonymous No.17259491]

>>17259454
It may seem bearish under normal circumstances because it would indicate miners are no longer investing.

But this is an anomaly ,miner costs are higher in hardware replacement than electricity.
What happens if they no longer have to replace hardware for two years?(ALL MINERS since taiwan is critical for this)(even Monero cpu miners).

This will cause a massive price rise and once everything is back working we will see the hashrate increasing again.

Also remember btc inflation will be bellow fiat in 80 days, i think we are about to witness an historic year for crypto.

[Anonymous No.17259517]

>>17259491
>Also remember btc inflation will be bellow fiat in 80 days
Stop it bro, I can be only so erect. It is approaching gold's natural inflation rate, and then it goes under it. awoooooOOO!

[Anonymous No.17259544]

Remainder that crypto marketcap is a meme and 1M BTC/100K ETH sometime in the future isn't completely out of question.

[Anonymous No.17259561]

>>17259158
Get your free airdrop while it lasts. Brand new erc-20 token, where every 48 hours, the current infection rate is burned. The next ??x microcap you'll wish you had a suicide bag of anons. https://coronatoken.org/

[Anonymous No.17259564]

>>17259517
Well if miners no longer upgrade hardware for two years we will be bellow gold this year they won't dump the part of their income used to upgrade hardware if taiwan is closed.

The speed at which coronachan is spreading in high density areas like hong kong and singapore shows why the fuck china is quarantining everyone in beijing,

Taiwan will be equally fucked and Japan with their old population will probably too.

[Anonymous No.17259583]

>Check em

[Anonymous No.17259605]

bitcoin is fundamentally flawed. Btc will not work without block rewards

[Anonymous No.17259633]

>>17259605
Well that's a problem for 2140.

[Anonymous No.17259690]

>>17259564
The hash rate does not impact bitcoin's inflation rate. Only temporarily until it auto adjusts. It'll be 6.25 BTC every block (approx 10 minutes) until the next halving. Unless you mean it'll be under gold beacuse more and more gold is being unearthed.

[Anonymous No.17259708]

>>17259605
Fees have to go up, price has to go up to reflect the energy going into the network. There's no other option if Bitcoin is going to work in the future and be secure.

[Anonymous No.17259782]

>>17259690
No i mean that miners are forced to dump to:
1_Pay electricity
2_Upgrade asics to new ones(or the old give negative rewards as electric costs can't be paid due to the competition newer asics being more efficient)
3_A small gain

Imagine what will happen if Taiwan goes full quarantine and point 2 disappears.
Believe me i checked the data a few months ago and hardware upgrading is most of the cost miners have, electricity is even lower in priority.

[Anonymous No.17259803]

There is ready a vaccine
Story over

[Anonymous No.17259815]

>>17259803
The one out of Cali? Hopefully it works.

[Anonymous No.17259824]

Bullish for CoronaCoin!

https://coronatoken.org/

[Anonymous No.17259825]

>>17259782
Bitcoin's cool and all but what I'm really looking forward to is repopulating Asia.

[Anonymous No.17259834]

>>17259815
The one from Cali is from a company that according to some people tends to shill they discover vaccines to make money in the stock market but never delivers.

[Anonymous No.17259851]

>>17259825
Kek

[Anonymous No.17259906]

>>17259633

[60% market dominance and falli(...) No.17259934]

If you havent sold your bitcoins for ethereum yet i dont know what to tell you.

[Anonymous No.17259966]

>>17259934
BTC dominance was 30% 365 days ago faggot.

ETH is fine but it will still have an inflation of 4% at a time when btc wil have an inflation of 1%.
14K ETH mined per day vs 800 btc.

[Anonymous No.17259969]

>>17259934
You can tell everyone that you're retarded, but desu that goes without saying.

[Anonymous No.17259995]

>>17259934
I have big stacks of both!
and am trading a bit back and forth! It's been fun!