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/biz/ - Business & Finance

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57780923 No.57780923 [Reply] [Original]

>The halving event in April will have a negative impact on the profitability of bitcoin miners.
>The bank notes that the bitcoin production cost has historically acted as a lower boundary for BTC prices, and it says this could fall to $42,000 after halving.
>The central point of the bank’s estimated production cost range is currently around $26,500, which would mechanically double to $53,000 post-halving. The bitcoin network could also see a 20% decline in its hashrate after halving, which would reduce the BTC estimated production cost and the price to $42,000, the report said.
Did you sell yet? I'm selling, there's no reason to sit on this ridiculous +20% pump. Lock in the profits, bros.

>> No.57780940

>>57780923
>bitcoin could

everything after this line is just fantasy and means nothing, it holds as much water as me saying I could wake up tomorrow and have a fucking life

>> No.57780946
File: 24 KB, 952x393, 463nhf5zbjlc1.jpg [View same] [iqdb] [saucenao] [google]
57780946

>> No.57781035

>>57780923
>JPMorgan says
were you born yesterday? They've got a new Manhattan skyscraper almost finished with construction loans coming due.

>> No.57781042

>>57780940
Yet you'll believe any article that says one Bitcoin will be worth a trillion in 2038

>> No.57781043
File: 29 KB, 600x491, 520124543.jpg [View same] [iqdb] [saucenao] [google]
57781043

>>57780923
Why would I pay attention to what a faggot says here? better see what truflation tells me

>> No.57781055

>>57780923
why do you trust (((JPMorgan)))

>> No.57781068

>>57780923
Thank god Jp Morgan gives us advice for free and care for our investments.

>> No.57781076

>>57781042
You've made up an imaginary situation in your head to feel righteous. Good on you, retard

>> No.57781077

>>57780946
Site?

>> No.57781147

>>57780923
>supply goes down
>therefore price will... also go down
I mean they also preface it with COULD, so I guess it's technically true. It COULD go down, it COULD go up. My ledger COULD spontaneously transform into a Tyrannosaurus via quantum fuckery, and bite my head off.... point is you should just sell ok?

>> No.57781190

>>57781077
literally says source in the pic you smooth brain

>> No.57781274

>>57780923
If jp Morgan says 42k the halvening dump will be at max 45-48k prime accumulation zone. Possibly the last good accumulation zone