From 6,800,000 TH to 57,500,000 TH in a year.
From 37,500,000 TH to 57,500,000 TH in one month.
One FUCKING month!
Those bearfags are going to get fuck so hard it's gonna make S2 2013 look like a kid rally
blockchain.com
Soon enough, the hashrate will have catch up the price, the rest will be legendary
Luis Rogers
Zachary Edwards
listen up mon amis. how about you refund the money your req freres stole from me
Angel Brown
All those newfags shorting at the bottom are going about to learn what a Bitcoin bull market looks like
David Morgan
or the hash rate drops because it's not profitable, then bitcoin drops as a result, then hash rates continue to drop as a result. it's a deflationary vortex and it's very hard to stop.
Leo Campbell
This. We are fucked in the opposite way of what OP thinks.
When chinks start selling, they will sell everything.
Xavier Allen
Those are all future BCH miners just getting warmed up.
Feels good to be on the right side of history.
See you guys in 2019.
Zachary Edwards
>req
You shouldn't be investing in shitcoin without at least knowing when to get out mon ami.
Buy Stan Weinstein book, it's an easy TA method that will work pretty well on crypto.
Once it will become easy, read Alexander Elder.
Stop complaining, start doing.
Adam Diaz
>Betting on picking the top of a 10 year trend
Eli Turner
Eeeerrhhh..
How to say that.
BCASH is already under 0.08 and still dropping.
The only descent dev has been kick out from Bitcoin Cash slack channel.
Faketoshi is going to fork the fucking shit to get 128 MB fucking blocks that noone will ever use.
Should the core dev not had pity of that bunch of idiot, the shitcoin would have been annihilated with the SIGHASH bug.
You've been scammed buddy.
Thanks for having bought our OGs bags of airdroped shitcoin!
Daniel Perez
Thanks I just changed my mine.
Joseph Young
Can someone explain this Keiser-esque logic of Hashrate dictating price?
Thomas Parker
You're welcome
Lucas Brooks
based
see you at $3000 in november
James Myers
More hashrate
Mining difficulty increase
Mining a bitcoin becomes more expensive
Mining cost becomes the floor of the bitcoin price
Indeed, if it cost more to mine a bitcoin than to buy one there is incentive to stop selling new mine bitcoins, supply then decrease and the price rise to the equilibrium.
You can look up studies of relationship between commodities product costs and their market price if you want to research this.
Joshua Wilson
well no miners can go bankrupt so the cost is lost
Jayden Ramirez
In fact, I am very sorry for what is going to happen to guys like you.
Unfortunately, the market is a zero sum game.
The majority must loose so that a minority can win.
I truly hope that you will be able to find something else to earn a descent living.
Isaiah Cruz
This sentence doesn't make any sense
Christian Anderson
chinks are already and have always been selling three things, hash rate, bit coins and obsolete mining hardware.
you see user, they literally need to keep running the network to be able to continue to sell their bit coins, but by running the network they produce more bit coins to sell, it never ends for them, they have chinked themselves.
Hunter Ortiz
>bit coins
What's your point?
Asher Hughes
there is no great liquidation on the chinks roadmap, it is always happening
Kayden Reyes
just because you guys won the worldcup doesnt mean you will be right with this one