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9494354 No.9494354 [Reply] [Original]

Why do so many brainlets here think btc is going to 2 or 3k?
You know it costs more than that to mine right?

>> No.9494535

>>9494354
thats precisely why it will go to 2 or 3k

>> No.9494598
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9494598

>>9494535

>> No.9494603

>>9494354
Crypto is dead. Sell all your coins and don't look back. Most coins will go to zero and Bitcoin will go to $1000 and stay there.

There won't be another bullrun, ever. People have long memories and know now that crypto is a scam.

>> No.9494627

>>9494354
>mining costs to determine floors
Ive been saying this for months (decemberfag here) but always get called a shill

>> No.9495130

+1 for Poly
Not gonna go that low.. it's finding the bottom now.. will go down for around $7.5k Will take a month to stabilize and then go up

>> No.9495179

>>9494354
Does it? You sure about that? You remember theres other countries in the world where electricity is cheap, right anon?

>> No.9495306

>>9494354
Hash power is a function of price, not the other way around.

>> No.9495528

>>9494603
illuminati confirmed

>> No.9495543
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9495543

>>9495306
Until you realize miners control the price.

>> No.9495558

>>9494354
I want wings like Paulie

>> No.9495690

>>9494603
Whats with this copypasta, is it like the new pajeet scam?

>> No.9495711

>>9494354
So what ? If they can't sell their mined btc because nobod'ys buying at that price, it will simply mean nobody would be mining anymore. What happens if nobody's mining again ?

>> No.9496034

>>9495711
>So what ? If they can't sell their mined btc because nobod'ys buying at that price, it will simply mean nobody would be mining anymore. What happens if nobody's mining again ?

No, research shows they just hold instead of selling BTC. Clearly never mining again and selling all their ASIC's is not an option since unlike GPUs there isnt really a market for ASICs outside Bitcoin mining. Thats why its a solid bottom.

>> No.9496230
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9496230

>>9494354
it's gonna crash down almost exactly to the mining point in september before the rebound
so like 4 something k
people will keep mining it because of long term hodl and whales will accumulate en masse when it gets down even close to there

>> No.9496294

>>9496230
>it's gonna crash down almost exactly to the mining point in september before the rebound
Hurr durr its going to drop low so i can get in at early 2017 prices and then moon past the ATH.

Nice cope with missing out.

>> No.9496622
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9496622

>>9494354
Because BCH will go to 3K at the same time as BTC goes to 3K.

>> No.9496654

>>9494354
Its been over-mined

>> No.9496673

>>9494354
There is no credible study on the average cost of production for BTC.

Going to 3K will be nothing extraordinary. Especially if the bulls remain as passive.

>> No.9497319

>>9496034
So, they are gonna hold their worthless bags, keep on spending money for electricity, and then ?

>> No.9497348

>>9494627
Where do you find current mining costs?