Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low
by
fruktik
on 25/09/2024, 07:21:37 UTC
i think people who put all their trust in bitcoin are kind of shortsighted to the extent that what you just mentioned. it would be really arrogant and conceited to think that something better is not going to come along and bitcoin will die a slow death. it's just the way things are. no wonder some of those old satoshi era wallets woke up recently and starting hitting the sell button they know what's up.  Shocked

use it for what it is good for but don't expect it to make you a millionaire or billionaire without you doing any work. it might not even be a good store of value. in the long term. but i know people don't want to hear that...
How do "they" know what's going on? Do you really think that "they" ("old wallets") have insider information? No, they just had a banal desire to sell at the current price. What should you expect if you urgently need money? A completely natural phenomenon and that's all.

Of course, progress does not stand still. New technologies will come to replace blockchain technology and its derivatives. A little analytics is needed. In the modern world, there is access to almost any information.