Quote from: Sitarow on March 22, 2018, 11:38:10 PM

Quote from: TERA2 on March 22, 2018, 10:20:53 PM

Quote from: serveria.com on March 22, 2018, 10:17:57 PM

Quote from: icoping on March 22, 2018, 10:10:09 PM

Bitcoin will drop back down to 2-3k

Yeah, halting every single mining operation in the whole white world, sure Tongue

Why not? Whats stopping it? Weve seen it before. Actually mining is disrupting itself every day by releasing faster and faster ASICs.

Because buying btc outright vs buying back mining hardware would be a smart business move.

So youre postulating that a certain amount of people who would originally be interested in mining, are going to instead buy bitcoins? Also, they're going to buy into the downtrend and not wait for it to reverse? Even if this is true, is the amount of money coming in from these would-be miners significant enough to hold up the price? Will it outweigh millions of coins being dumped? Is it even any kind of significant number?