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/biz/ - Business & Finance


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57530526 No.57530526 [Reply] [Original]

Currently, bitcoin is 4x the hashrate as it was at all time high. It might be 5x by halving. Then you do 4x2 or 5x2 and what do you know, 8x and 10x, whew. A year into the halving it is safe to assume maybe 6x2 to 10x2

Honestly with such hash rate increases, the halving is trivial. 4x the hash rate is sicker than a halving. Assuming half the ath value relative to difficulty as before were looking at over 200k. I am fairly sure i will laugh hard at people selling at 100k. This bull run bitcoin will be second to gold in market cap. If there is no big squeeze under 25 or so, a mega bull run just seems more likely.

>> No.57530537

Liked and subscribed

>> No.57530572
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57530572

>>57530526
I'm sure BCH appreciates all the sha256 infrastructure BTC has built for it

>> No.57530582

high production costs and low demand don't mix well

>> No.57530597

>>57530526
I’d be very surprised of BTC topped 120k next bull run. Very, very surprised. I see basically no possibility of it breaking 160k area even if it does.

>> No.57530614

>>57530597
Op does not know about diminishing returns

>> No.57530619

>>57530572
Holy shit it’s beautiful

>> No.57531773

>>57530619
Yes it is

>> No.57531807

>>57530526
yeah that's all sounds good, just too bad nobody actually uses Bitcoin for anything huh?

>> No.57532155

>>57530597
This. I'm expecting a 90kish top (at best) since everyone online seems to be expecting high 6 figures lmao

Yeah man once btc hits 6 figures you'll find all these giga whales that just learned about crypto

>> No.57532191

>>57530526
nice thread op
you're literally the only one in here not throwing out predictions based on a mystical ball or sentiment
it's appreciated

>> No.57533602
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57533602

>Halving providing diminishing returns
>Mining is going to be x10 more difficult
The end approaches, and very quickly.
If beoble and biz don't net me $500k at the very least this year I'm going to kill myself.

>> No.57533618

>>57530582
50k does look like good demand

>> No.57533634

>>57532155
5 figs is better than nothing still 6 seems a bit too imaginative.

>> No.57533698

>>57530526
Im sure bitcoin gonna pump more than this. but right now, its just a sideways mode.

Well, I could just search a potential new token like manta and lrds during this sideways market and no one would cares.

>> No.57533980

>>57533698
>BTC
>pump

choose one

>> No.57533989

>>57533698
but that's what we all do, we look for a newcoin for gambling when traditional coins eat shit

>> No.57533995
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57533995

>>57533698
Look at this dude buying $MANTA

>> No.57534001

>>57533980
BTC is going to 120k and there's nothing you can do about it, mald.

>> No.57534009

>>57533698
>Sideways

Good way to say it's stagnant

>> No.57534017

>>57533980
I choose BTC all the time

>> No.57534029

>>57533602
Bitcoin has been "about to die" for like 5 years now you fucking doomer prick.

Also you will never make it in this shill infested board. FYI.

>> No.57534037

>>57533602
How come you are actually looking profits on biz? are you mentally ill?

>> No.57534041

>>57533980
Btc does pump, but its a unicorn

>> No.57534045

>>57530526
Based, redpilled, educated.
>>57533602
Cringe, bluesuppositoried and retarded.

>> No.57534067
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57534067

>>57533602
>>57533618
>>57530614
fucking read
>>57532191
coin flips and looking at stars is all stupid niggers in this board do no wonder most of you have been in the game for a decade and still don't have at least a million in the bank

>> No.57534307

225k230k
4T cap

>> No.57534457

>>57534067
that chart is peak midwit

>> No.57534497

>>57530526
It's a new paradigm, and everybody who doesn't buy, now, will be priced out forever. Anybody who does buy will be rewarded with a lifetime of riches, as their bitcoin will continue its 30% monthly price increase.

Nocoiners, and anybody born in a future generation, will not be able to afford a $10,000,000 satoshi in 15 years. They will live in tent cities, and Hondas.

This asset bubble is different than all of the others - it will never slow down, or pop. The gains are permanent.

>> No.57534553

>>57534497
how are we already in the euphoria stage

>> No.57536121

>>57530537
Dont forget to press the bell icon

>>57530582
I think we will have to wait to see the total demand.

>>57530614
Except i specifically accounted for half the ath price to hashrate ratio

>>57532155
> the majority is always wrong
Except when they arent

>>57532191
Thank you. Hashrate to price ratios has always been a core fundemental. The probability of at least some long term correlation is not a disregardable amount.

>>57534029
https://99bitcoins.com/bitcoin-obituaries/


>>57534041
The last bull run btc performed better than many established shitcoins. Ath to ath (bull run and next bull run) gains were less for even eth compared to btc. Eth is looking worse than ever after its switch to proof of shit. Its disgusting of vitalik to think that his pretentious product is better without work.

>> No.57536199

>>57536121
>Eth is looking worse than ever after its switch to proof of shit. Its disgusting of vitalik to think that his pretentious product is better without work.
Unironically true. This is the only list you should be considering:
https://coinmarketcap.com/view/pow/

>> No.57536245

>>57536121
>>57536199
proof of "work" is botted trash with cyclical crashes built into it. easy to spot your tech illiteracy

>> No.57536721

>>57536245
Fantasies. In the end it all comes down to, and is based off, the fundementals of economics. You can make up bullshit visions of economics like modern keynesian shit, but it has proven to be a joke.

>>57536199
Its crazy how little coins are pow percentually. Unironically after btc doge has second best economic underlying. Sadly though i am far more bullish for btc than doge because its hashrate increase is about 2.5x, making less of a catch up in price likely.

>> No.57537018

>>57536721
>Its crazy how little coins are pow percentually.
Are there any ones with decent self hostable clients like Bitcoin has? Geth used to be fine until it went POS.

>> No.57537049
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57537049

>> No.57537086

>>57534029

Kill yourself.