Post
Topic
Board Bitcoin Discussion
Re: Bitcoin hashrate fell by 20%
by
digitalcryptocoin
on 15/11/2018, 03:29:16 UTC
Chinese miners disconnected from electricity!
Bitcoin  5570 $
How do you think our giant will recover from such a situation ?


its going to continue to lose support no one except bitcoin miners and bitcoin holders have an interest supporting bitcoin.

this forum lost last month 24% users coinmarket cap loses every month 10 million users. market decentralises away from bitcoin.

its still a surprise since the us dollar is losing rappidly support and value as well.

According to current price of BTC, user such as newbies as well as past one who are involved in mining could get major impact on their ROI. And as per my thinking major impact of BTC price fail will disturb miners first then traders, because miner sell their BTC on exchanger by trading against fiat. But cut off of BTC mining maintenance could take miner towards loss not profit. So miner will shift towards other PoW coins.

Many user are in trouble by investing BTC.