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/biz/ - Business & Finance


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13107742 No.13107742 [Reply] [Original]

Bitcoin has to hit this price ($3100) after the halvening or BTC mining is doomed! And this is not click bait. Its the truth. The price of BTC will go up between now and the halvening. As a result mining difficulty will also go up. But this time it could go up faster than we have experienced before due to the MUCH FASTER ASIC miners coming out. Bitcoin miners are facing a real threat. If the price of Bitcoin needs to land at a certain benchmark or mining Bitcoin will not be feasible.
https://www.youtube.com/watch?v=TnT0zPs24Ps

>> No.13107754

>>13107742
Fuck off youtube shill, your rambling is incoherent and false.

>> No.13107788

>>13107742
bsv

>> No.13107796

Get the cock out of your mouth

>> No.13107812

This asic shit is starting to worry me. Wtf happens when btc eventually needs to switch from sha256 to something else and all the asics become worthless and the network hash rate resets and goes to shit

>> No.13107992
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13107992

>>13107812
It dumps at an alarming rate until it reaches $0. This is what you signed for. Sell/cash out or get fucked

>> No.13108346

>>13107742
>It's a price has to be x amount due to miners episode

>> No.13108361

>>13107992
no.

>> No.13109018
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13109018

>>13108361
Seething bull.