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Did anyone ever stop and think about who's selling all of this Bitcoin? It's the early, EARLY adopter whales who mined a metric shitload of the coins 6 years ago who are now exiting. They're the only ones who are actually profiting from this whole Crypto craze. Seeing as how mining for a profit is no longer feasable, people are getting suckered into giving away their fiat in hopes of cryptos becoming the new economic paradigm. A delusion, but if you play it smart you can profit off of the stupidity of others. That's business and finance at it's very core.
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>>2606511
I'm kinda worried about mining being decreasingly profitable. What happens if no one wants to mine anymore? Won't that be the end?
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>>2606511
Hey OP, I want you to prove anything you just said.
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If Block chain didn't have a future, then almost every bank wouldn't be invested heavily in it
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>>2607314
He can't because he's just spewing shit out of his frontal orifice
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>>2607351
>heavily
Sure thing.
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>>2606511
>they're the only ones who are actually profiting from this crypto craze
Meanwhile I'm sitting here with $10,000 that I made out of $2000 in crypto in the last 4 months alone.
Cope harder newfag.
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>>2607393
>implying that's a lot of money
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>>2607393
how much of that is actual fiat sitting in your bank account?
remember the Fed takes 50% in capital gains
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the feds ain't gettin a crumb from me
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>>2607393
Im actually kind of disappointed, were you very conservative with your investments or does the market not live up to the hype?
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>>2607811
>I'm a poorfag who's never invested a dime and has no idea what taxrates are like
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>>2607654
A 5x increase is incredible in any market in the world. Please stop being intentionally retarded
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>>2606511
It's just because of uncertainty about Segwit.
There are also a bunch of people who are unaware of the 90% miner consensus on the New York Agreement who are probably selling because they think there will be a chain-split.
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>>2607980
>New York Agreement
I'm considering selling all my alts over this actually.
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>>2607995
Probably not a bad idea.
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>>2608010
http://blocks.coin.dance/
The miners are signalling that they will signal segwit2x on July the 21st.
But UASF is also picking up steam and has over 50% of miners signalling too so it looks like Segwit is happening one way or another.
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>>2606548
when there are less people mining the difficulty goes down and mining becomes more profitable
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