We were a witness to a huge drop which was a manipulated move.
Yes markets are crashing, Yes Corona virus is on a spree, but a moves which breaks several strong, historical supports in one one day, is far from normal behaviour.
Can there be another drop? Whales could allow it, miners wouldn't. Average global cost to mine one bitcoin is $5400usd. Pretty much where we sit right now.
That Doom before halving is just to clear the market of weak hands and miners with old equipment. Will that make the market more centralized? Pretty sure yes. In late 2019 and early 2020 some individuals were building mega mining farms to control the mayority of the mining power in the future. Those investements were worth billions of dollars, so it could just be in their interes to shake things up, and gain more control after the halving event.
The corona virus was a great cover "aLL tHe MaRkeTS aRE cRasHin". Yes, the markets with a decade of bull run, and after touching all time highs. Pretty normal, that this would about to stop, don't you think?
Bitcoin dead was here way to many times. And when the less expected BTC exlploded once again. I'm betting on this. Do you?
Yes markets are crashing, Yes Corona virus is on a spree, but a moves which breaks several strong, historical supports in one one day, is far from normal behaviour.
Can there be another drop? Whales could allow it, miners wouldn't. Average global cost to mine one bitcoin is $5400usd. Pretty much where we sit right now.
That Doom before halving is just to clear the market of weak hands and miners with old equipment. Will that make the market more centralized? Pretty sure yes. In late 2019 and early 2020 some individuals were building mega mining farms to control the mayority of the mining power in the future. Those investements were worth billions of dollars, so it could just be in their interes to shake things up, and gain more control after the halving event.
The corona virus was a great cover "aLL tHe MaRkeTS aRE cRasHin". Yes, the markets with a decade of bull run, and after touching all time highs. Pretty normal, that this would about to stop, don't you think?
Bitcoin dead was here way to many times. And when the less expected BTC exlploded once again. I'm betting on this. Do you?