Re: BTC is near to end

Quote from: dohh on September 05, 2018, 10:31:58 AM

First block of proof. (I explain, why BTC in current state doesnt have future of 20 or 40 years, when all 21M BTC will be released, It will end much earlier).

It is no secret, that solving blocks is getting more difficult and that is happening in exponential rate.
https://bitinfocharts.com/comparison/bitcoin-difficulty.html

At the same time, profitability of mining vanishes into zero. It has ROI negative in most of countries already.
https://bitinfocharts.com/comparison/bitcoin-mining_profitability.html

At the same time Hash rate grows and grows.
https://bitinfocharts.com/comparison/bitcoin-hashrate.html

Its a common myth here, that vanishing profitability of mining is covered by transaction fees, but that is far from being true.

https://bitcoinfees.info/

Conclusion: mining is getting more and more pointless and that is happening in furious pace!

No one can predict the future., the future holds so much possibilities for those who are positive thinkers and for those who sees positivity. Think of positive because we attract what we think of. For almost 10 years now bitcoin has proven is vitality and it has slowly but surely interwoven into the fabric of human life existence especially that we are now in the virtual world or internet. So i can see positive things in the coming years for the bitcoiners!