I am not claiming to know, but the viscous arguments are stupid
so in this little chart i am simply pointing out some very similar things... what alot of people tend to forget about BTC especially traditional asset traders is WE DONT SIMPLY PRINT MORE BITCOIN! THERE ARE ELECTRICAL, STAFFING AND EQUIPMENT COSTS THAT ARE ALWAYS RISING! when i first started mining btc it was on 500$ worth of BROKEN XBOXS!!!! BROKEN! you could mine for 1000 years on my rigs then and never see a block, but back then we hit 20 blocks of 50 a day! MY POINT BEING NO ONE ASIDE FROM THE GIANT MINING FARM OPERATORS, THE COUNTRIES TAXING AND CONTROLLING THEM, AND A FEW WHALES THAT CAN CAUSE MOMENTARY PUSHES OR PULLS IN PRICE REALLY KNOW WHAT THE HALVENING WILL BRING.... I DO NOT KNOW IF people want to stop and almost enevitable mathematical eventuallity such as 21 million of an obviously covetted asset from growing in value SOOOOO BAD that they will sell sell sell off bags until they have no more but that will happen and then what??? the price cannot stay down forever, how many kilogram bricks of gold are there in the world??? i would think there are more than a few million but what the F do i know?? if a gold bar can cost 100,000 or more, why not something more expensive to mine, more scarce, and when trading volume increases as it certainly will i do ask how in gods name will manipulators stop a price surge? I am genuinely curious as to how or WHY the great holders of big bags want to keep them cheap? I am no whale, but I certainly want the few dozen btc I own to go up not down... if i owned thousands i would want that even more! i am genuinely confused by peoples words and viscousness in this argument, it is only money and one mans opinion is simply that, an opinion. in 2016 people thought we were all stupid for holding BTC... until we werent! in 2012 people called us crazy and most criminals, until we WERENT! I have seen and hear the same cyclicle arguments 3 times over now as they ramp up again and i believe it is the same group of people that want to buy as much cheap btc as possible before it runs a much on its space plain into the higher figures but again, ive only been around sense 2010 so what the f do i know? either way it will be fun to see guys, we are here to express ideas, not to crap on others, maybe lets just remember that, make money and watch history unfold, AGAIN! its on track so far and i watched the first rounds with glee! but hey @heisenburg, wtfdik right?? lol happy trading my friends, i was going to make more out of this chart but decided to just stick with a personal analysis and a reminder to calm down because of some viscous words thrown at a friend here who is simply doing a good job of showing what he thinks to be a mathematical certainty,.. as a coder you learn math rarely lies, and when it does its because something broke... - nerd - trade hard in the peaks and harder in the valleys! here.. we... GO!
Comment:
please ignore grammatical failures... i did not spell check this idea lol.. the GEEK writes with EL PASSION' ! LOL
Comment:
so it seems like there are roughly 150,000 TONS of gold, so A WHOLE LOT OF BARS worth alot more than BTC... interesting