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I agree, I think crypto won't survive for too much longer. Just by looking at BTC price for the last six months it dropped -14,201.80 (47.23%)[1] and just in on
by tux 4y ago
I agree, I think crypto won't survive for too much longer. Just by looking at BTC price for the last six months it dropped -14,201.80 (47.23%)[1] and just in one day -434.70 (2.67%). I'll take about six more months to one year but BTC will cost below 5k soon :) This is my prediction.
[1] https://www.google.com/search?hl=en&q=btc+price https://www.google.com/search?hl=en&q=btc+price
- hiq 4y agoBy just looking at prices, you'd think that tech also won't survive much longer.
- irusensei 4y agoSo Bitcoin stops processing blocks at 5k USD. I had no idea this could happen.
- paulgb 4y agoIt doesn’t stop processing blocks, miners just make less money for each one. Some miners will pull out of the market, making it easier for the rest to mine, until the market finds an equilibrium. The cost of attacking the system will go down, but it won’t stop entirely. Some miners are already spending more on energy & operations cost per coin than the market value, so even if the price holds I expect to see some miners drop out of the market.
- lupire 4y ago-75% in 1 year is a more impressive number. -0% in 2 years is a less impressive number.