Post
Topic
Board Bitcoin Discussion
Re: I hardly have up to $100 again in all my fait bank accounts since I joined BTT
by
LegendaryK
on 18/11/2022, 11:41:42 UTC

you do realize btc dropped from $64K to less than $17K in only a few months.
Now it’s closer to actual mining costs, which means it’s a good time to buy. Doesn’t really make sense to only buy at market highs and then complain that it takes too long, to become green again. Buying when most aren’t is what gets you in the green. Also considering the economic circumstances and moment we’re in before the next halving, a drop was expected. However you’re using this moment  for braininspired trolling again. Will we see you here during the next bull market too?

BTC miners probably have a different opinion than yours on the price drop.  Smiley
https://decrypt.co/114900/bankrupt-compute-north-sells-1-55m-assets-flared-gas-bitcoin-miner
https://www.cnbc.com/2022/10/27/bitcoin-miner-core-scientific-warns-it-might-go-bankrupt-stock-plunges.html
https://www.bloomberg.com/news/articles/2022-11-14/bitcoin-miner-sees-many-more-bankruptcies-after-ftx-collapse?leadSource=uverify%20wall

One last BTC Bull run , maybe,
But I definitely have all of my i-told-ya-so ready for the US /Canada / Europe PoW bans, I will be here for that.  Wink

Also watching Greg Maxwell freak out about digital-asset-recovery from Craig Wright is quite entertaining.
https://bitcointalk.org/index.php?topic=5420975.0
So if DAR happens, I definitely be here for that. Not really holding my breath on that one however.