It's over

It's over

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He wants to buy

BULLISH

You can't cash out from Bitfinex so he's going there to buy alt coins. Which is actually a good thing.

whats happening aaaaaa

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Craig dumping his coins

miners are panicking
Difficulty is at ATH and just jumped 10%!! Mining profitability is extremely shit right now. A lot of miners are going to go bankrupt if the parabola breaks down and price doesnt recover quickly.
Miners have already been largely unprofitable for a long time and been hodling coins instead of selling right after mining. Now it seems good prices will not come for a long time.

What will happen to Bitcoin?

also 9k shorts claimed at bitfinex, only 5k remaining

miners will stop, transaction fees will skyrocket and transaction times too, less people want btc, btc goes down, more miners stop, spiral to zero

>the death of crypto is upon us

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circlejerking about Bitcoins death always gets me fuzzy inside
thanks frens

FUCK BTC!

Difficulty will just reduce though. Y-you do know basic things about bitcoin right?

This. It'll be a downward spiral for some time but it'll stabilize itself

iranian gubaman now mines for 500 dollars a bitcoin, not good.

trump must act now

>just

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It will take 2 weeks for that. Meantime mempool will get rekt.
But long term, miners really have been mining unprofitably for ages now. The competition has just gotten so high. They are all waiting for a time when they can sell their coins with a profit. If it doesnt come soon, then one by one the miners will have to sell their stuff.

they cant make profit at >10k?
thats ridiculous

craig has no btc left except maybe in mtgox

The selloff is occuring. It's the god damn tether fag.

>lots of for profit companies have been mining instead of just buying bitcoin

Craig market sold at 6k, caused the megawinter last fall

>steals your funds

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THIS IS NOT A DRILL FINEX IS DOWN REPEAT FINEX DOWN

you are a fucking retard. chinese miners never mined at loss, not even at 3.2k$ with 0.05$khw they pay you mongoloid larping nigger

kek

this.