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REPORT ABUSIVE REPLY
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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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march 2024 is when the coin halving will probably happen,
cutting miner income in half. 330k annual coins to 165k.
if whales get the price into $30k - $60k, it puts miners
into positive cashflow until goes negative again by halving
the income. and bitcoin should be sucking about $200
terawatts by then.
like i said, bitcoin dies in its current state, it's
guaranteed at this point. energy use is exponential
while income halves at regular intervals. dead. just
a matter of time.
Quoting: Anonymous Coward 85124481 if this bullrun actually happens then it is the last one i will be involved in crypto. i agree with you that... this shit can't last forever. I also think that eventually it will all go to nearly zero. Eventually. i'd like it known that i'm anticipating the next halving (may 2024) is going to crash the market (it has never crashed the market before). i don't think the next halving will be good. i'll sell in march/april 2024. Because again... i agree with you that this shit can't last forever.
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