/biz/ - Business & Finance

[Anonymous No.57502148]

Why is the hashrate going parabolic when we're not even at ATH price?

[Anonymous No.57502155]

Nations are secretly mining because they know they need the coins.

[Anonymous No.57502159]

>>57502155
no
>>57502148
it doesn't matter
buttcorn will rug, miner will go broke

[Anonymous No.57502164]

>>57502148
Miners going hard before the halvening

[Anonymous No.57502166]

>>57502159
why do you think it will 'rug', and how?

[Anonymous No.57502170]

>>57502148
blackrock successfully fudded out the little g()y with esg faggotry, now they can mine the majority of btc...
I think thats was the plan of satoishi back then, true decentralization

[Anonymous No.57502178]

>>57502166
*description* something, it rugged
miners can't support the price since we are past too many halvings, we are the point where the TX fee has to support the miners

since buttcorn is a hodl meme, you don't spend it, or if you do, you spend wrapped btc on another chain

so no tx fees, it is a house of cards

[Anonymous No.57502203]

>>57502178
People have been saying this since BTC was $100, muh halving is going to kill bitcoin because it'll make mining unprofitable, then what actually happens is we get a bull run that permanently raises btc's price floor forever and compensates for 'lost' mining profits

[Anonymous No.57502229]

>>57502203
wasup shill
you are a horrible person
if miners held 100% of their buttcorn that would make no difference in the price
buttcorn is a meme, it is not a currency, it is completely usurped

[Anonymous No.57502241]

>>57502229
You're a retard trying to FUD yourself and others out of the best investment of your lifetime. Your logic has been historically proven false over and over again and just plain doesn't make sense. BTC's value was 1/3 what it is now in 2022, and it didn't kill mining. The halving isn't going to kill Bitcoin, and you seem to not know that ordinals exist

[Anonymous No.57502258]

>>57502241
you are paid what 15p per post?
show us how you bought btc at 43k

[Anonymous No.57502264]

>>57502258
>he thinks people are paid to shill BITCOIN
Yeah idiot, you got it all figured out. Satoshi himself is paying me to do this

[Anonymous No.57502270]

>>57502264
you are staking sats right
show us your latest buy order

[Anonymous No.57502275]

>>57502270
The last time I bought was in 2022, I don't FOMO in after pumps

[Anonymous No.57502289]

>>57502275

you are the misery likes company type of a baggie

you have no access to your funds since 2022, nice

you cannot enjoy your money, because you are a miserable baggie

[Anonymous No.57502311]

>>57502289
Such retarded projection. I'm a smart investor who buys low and sells high. I know the concept is alien to people on /biz/ who like to LARP as wolf of Wall Street and constantly lose money. Smart money doesn't do that

[Anonymous No.57502317]

>>57502311
When are you selling your bags?

[Anonymous No.57502322]

>>57502317
After the halving when BTC reaches a new all time high
>hurr durr it will be totally different this time
We'll see.

[Anonymous No.57502329]

>>57502322
right, who is going to buy you out?
some money must be waiting 75k to buy right?

because since btc has no use-cases, it has no demand, so the only way is to have money waiting 75k to be reached so they can ape in

Who would that be?

[Anonymous No.57502331]

>>57502229
>it is completely usurped
this. the silver lining is that in the process of doing so, the US government has outed itself as a complete and utter fraud

[Anonymous No.57502346]

>>57502148
Because someone is buying massive amounts of btc otc from the miners, also states are probably secretly mining.
More otc sales means miners are getting massive profits, means more miners are made

[Anonymous No.57502405]

>>57502148
ASICs are improved over time.

[Anonymous No.57502418]

>>57502346
You cannot mine BTC secretly.