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Message Subject
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Crypto bottoms when we have our next "world event" similar to covid pandemic
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Poster Handle
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Anonymous Coward |
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Post Content
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when it crashes (if it crashes) it will take 2-3 weeks to bottom so you don't have to worry about missing it. it will be very slow and the volatility will just grind to a halt before it goes up. so we can be super patient and let it do whatever it does.
patience, my man.
if this actually happens, I will 100% nail this to the wall on the exact day it bottoms.
Quoting: Mr Cheese the longer this goes on, the more sure I am that bitcoin is dead. the miners MUST be losing $15-20 million every day. That's a very conservative estimate based solely on energy costs. The EU miners (roughly 15%) have to be getting hammered, energy prices up 5x minimum. . You do bring up a good point that the mining issue really does seem like it would have to reach a breaking point where something happens. Unfortunately i just don't have a clue what that breaking point is, or where it's at.
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