Quote from: alexey14 on May 13, 2019, 08:08:31 PM

35 days ago I started a thread and I told you btc will go 9k$ bcz china banned miners, but some of you dont believed me, Today BTC is 8100$ in some exchange, Here is that thread:
https://bitcointalk.org/index.php?topic=5130327.msg50545198#msg50545198
Now I have a good news , BTC to 50k$ bcz china banned miner, my friend in China confirmed 90% of miner in china are shutdown. BTC can easy go to 50K$ and more.
Less miners = More Demand = increasing price, as simple as that.

As a newbie your having good speculation skill . Yes even i am also thinking same but already most of the bitcoins are already mined so there is no meaning of less supply . More over thereis lots of things impacting bitcoin price . Like trust on Bakkt or whales arrival after crypto summer there is lots we cant take only this scenario for this price hike.