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"For a speculative asset-one which produces no income and relies solely on hopes for future capital gains-the absence of a fresh bullish narrative to justify fu
by 1vuio0pswjnm7 1y ago
"For a speculative asset-one which produces no income and relies solely on hopes for future capital gains-the absence of a fresh bullish narrative to justify further price rises is a challenge."
No income. No worries. Number go up
- bryanlarsen 1y agoNo income, but significant expenses. Miners have to sell Bitcoin to pay their electricity bills. Miners also increase absolute supply, causing downward price pressure. Double whammy, there.