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24288952 No.24288952 [Reply] [Original]

Reminder that if BTC ever reaches sub $8k levels again there will be a mining capitulation death spiral and the price will reach $0.

>> No.24288983

>>24288952
>What is difficulty adjustment

>> No.24289005

Why?

Actually explain instead of leaving duck images

>> No.24289009

>>24288952
i call bullshit, sven

>> No.24289383

>>24288952
I remember you from the discord

>> No.24289529

>>24288952
If only, I need to break free of this place.

>> No.24289534

>>24288983
this - op is a colossal faggot

>> No.24289574
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24289574

>>24288952
you're a really dumb nigger

>> No.24289591

Less miners will make the rewards increase as the difficulty adjusts. OP doesn’t know what he is talking about.

>> No.24289631
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24289631

>>24288952
>the smugness of bitcoin maxis will be replaced by the smugness of Schiff fags, then rinse and repeat into eternity over dumb shit
>meanwhile the Fed continues to rape us all because we're too stupid to focus our efforts into pushing for a new Executive Order 11110
It's all just so tiresome bros

>> No.24289849

>mining capitulation point was ~$4k pre-May halvening
>drops that low in March
>BitMEX gets immediately DDoS'ed by a bunch of chinks to reverse the dump
>most BTC miners reside in China
Complete coincidence goy nothing to see here don't worry just wait a full 2 weeks for the difficulty to adjust.