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18927543 No.18927543 [Reply] [Original]

Every other coin is tanking... why?

>> No.18927555

>>18927543
because bitcoin it the only one being pumped

>> No.18927597

>>18927543
Maxis’ wet dream, what if btc truly is king and pumps to 100k today?

>> No.18927614

>>18927597
100k eoy

>> No.18927670

Usually they lag, give it a few days

>> No.18927692

>>18927543
Bitcoin is the only coin that matters

>> No.18927725

>>18927543
There's not much money coming into the space.
Holders of other coins think bitcoin is going to pump for halving and sell for btc, creating a self-fulfilling prophecy.
Nothing more to it.

It ends at the latest with the halving

>> No.18928038

>>18927692
XRP, LTC, and ETH matter.

>> No.18928081

>>18927725
why would the halvening not signal the next brual bull run for BTC?

>> No.18928091

>>18928038
why would it? who needs btc?

>> No.18928113

>On the Instability of Bitcoin Without the Block Reward
https://www.cs.princeton.edu/~arvindn/publications/mining_CCS.pdf
The most in-depth paper written on bitcoin EVER
Princeton university

>Beyond the doomsday
economics of “proof-of work” in cryptocurrencies
Monetary and Economic Department
https://www.bis.org/publ/work765.pdf

"Second, the transaction market cannot generate an adequate level of
“mining” income via fees as users free-ride on the fees of other transactions in a block and in the
subsequent blockchain. Instead, newly minted bitcoins, known as block rewards, have made up the bulk
of mining income to date. Looking ahead, these two limitations imply that liquidity is set to fall dramatically
as these block rewards are phased out. Simple calculations suggest that once block rewards are zero, it
could take months before a Bitcoin payment is final, unless new technologies are deployed to speed up
payment finality. Second-layer solutions such as the Lightning Network might help, but the only
fundamental remedy would be to depart from proof-of-work, which would probably require some form
of social coordination or institutionalisation."

>> No.18928157

>>18928081
who is gonna buy it? most normies have already been scared away, there will never be a time like 2017 again. It´s just the same whales and moonbois trading amongst eachother. Volume was way way higher in 2016 abd 2017

>> No.18928198

BTC is being wash traded you stupid faggot 2017 newfags

>> No.18928317

>>18928198
if you are an oldfag i assume that you didn't "make it" in the previous bull run since you are here, so why would we listen to you

>> No.18928349

>>18928317
whats your point mentalist

>> No.18928364

>>18928157
>there will never be a time like 2017 again
I'm not saying this is like 2017 but to make that statement you have to be exceedingly retarded

>> No.18928399

>>18928157
How new are you? This exact same logic was used in the last bear market, then 2017 happened. Normies haven't even arrived yet

>> No.18928402

>>18928157

>who is gonna buy it?

governments

https://www.coindesk.com/iran-issues-license-for-nations-biggest-bitcoin-mining-operation

>> No.18928403

>>18928349
that you were wrong last time so you are probably wrong even this time

>> No.18928442

>>18928403
>you were wrong last time
nice assumption retard. this will be my last post

>> No.18928573

>>18928442
keep being poor