Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 29/07/2023, 20:04:25 UTC
⭐ Merited by philipma1957 (1) ,Gachapin (1)
[edited out]
So even if a miner is hardcore Bitcoiner, they won't be able to mine if power costs raises and no price increase. we have a couple of months before the halving event. We may see price hikes after the halving event. Before the event, miners still get 6.25 per block and profitability will remain the same as phill described. But, let's say the halving event split the block reward but the BTC price did not double, the profitability may split as well. The question is, how many miners will continue mining without profit? After all, everyone is looking for profit.

It's called mining death spiral.

 


OMG!

OH no!

Everbody panic.





🚀🔥 #Bitcoin  bear market is over.   The worst is behind us.  Liquidity will swoop into #BTC  soon.  Get ready for liftoff. 📈🌊💪
 #HODL

Source.
How do you know?

Squiggly lines are telling you?
he is just copying shit from Twitter in hope you give him merits... 

Are you trying "reverse psychology" on me?





Do you believe that I am dumb (retarded like you?).. no homo...   



I know moar better than that.




 Cheesy Cheesy Cheesy Cheesy