Why it can't ever sustain itself beyond 10k?

Why it can't ever sustain itself beyond 10k?

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STOP CASHING OUT

STOP BEING A GAY BEAR

AHHHHHHHHHHHHHHHHHHH

do you understand the concept of supply and demand ?
this ponzi is running out of sucker

in a few weeks you'll be wondering why you didnt buy more under 10k

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>he is hodling while others are casing in on the swing

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It's not time yet and the bounces lost momentum, next time buy more mumus, I'm not fomoing until it jumps a few thousand in a move, not these queer pumps on the 4,6,8 hour candles that drive funding on degenerate Mexican exchanges.

it exists to liquidate mongs

Your little "Golden Bull Run" has stopped. Big surprise.

Maybe this time you will listen to my advice, hmm?

There is no denying or stopping what is happening next.

You are simply destined to fail if you do not heed my warning.

Plead all you want and fool yourself into thinking we are bullish now.

But we are not.

We are far from the end of this down trend.

Sentiment may say otherwise but we are heading straight down for much longer.

Do not think even for a second that the rest of this year will be okay.

Because it won't be.

Some of you do not like me because you simply cannot handle the truth.

Realize that you do not know what I know.

But here I am telling you anyways.

Bitcoin is going to $1,500 in July.

There is no way around it.

That is the bottom.

Do not worry as Bitcoin will not die.

But that is the lowest it will ever be.

Pay attention in the coming weeks and you can multiply your stack.

It is really that simple.

If you don't listen to me you will experience the past 16 months all over again in the span of 1.

I am trying to help you.

So once again:

Do NOT Enter The Market.

Things are not what they seem.

The plan has not changed.

Bitcoin is going to $1,500 in July.

You can choose to listen to me or you can choose to lose money.

My predictions are never wrong.

I am never wrong.

Bitcoin is going to $1,500 in July.

Clearly the backlash is because people do not want to go that low.

It is certain.

Bitcoin is going to $1,500 in July.

This is the final bull trap before it comes crashing down.

From there I will reveal my next prediction.

But for now, plan accordingly.

I am sure many of you won't apologize for when you are wrong.

I am not discouraged.

I will help as many people as I can.

It is the right thing to do.

Again, do not misunderstand.

Bitcoin is not dying.

But it must burn and rise from the ashes like a phoenix.

Many will think they've lost everything.

Seize the opportunity.

Cheers.

Bitcoin will cross $100,000 in 2020. And no amount of Bear can change this.

the market doesnt value bitcoin over 10k for obvious reasons. It´s a pump and dump scam with no real compelling use case for the regular Joe. It´s old, slow, expenive, getting more centralized, can´t work without block rewards etc. Fundamentally flawed and the halvening is a bearish event, but crypto tards are retarded so they dont understand this. Bitcoin has been proven to struggle without block rewards. There are several academic papers written on the subject, and no one has disproven them.

Bitcoin absolutely needs to retest critical zones in the low 3K range.

>But it must burn and rise from the ashes like a phoenix.
degenerate swinger detected

There is an even deeper problem with proof-of-work, one that is much harder to mitigate than the concentration of mining power: a misalignment of incentives between miners and stakeholders. Indeed, in the long run, the total mining revenues will be the sum of the all transaction fees paid to the miners. Since miners compete to produce hashes, (5) It is possible that a new technology will supplant ASICs who themselves replaced FPGA boards. However, the pace of this type of innovation is nowhere fast enough to prevent miners from forming dominating positions for long period of times; and such innovation would benefit but a new (or the same) small clique of people who initially possess the new technology or eventually amass the capital to repeat the same pattern. (6) the amount of money spent on mining will be slightly smaller than the revenues. In turn, the amount spent on transactions depends on the supply and demand for transactions. The supply of transactions on the blockchain is determined by the block size and is fixed.
Unfortunately, there is reason to expect that the demand for transactions will fall to very low levels. People are likely to make use of off-chain transaction mechanisms via trusted third parties, particularly for small amounts, in order to alleviate the need to wait for confirmations. Payment processors may only need to clear with each other infrequently. This scenario is not only economically likely, it seems necessary given the relatively low transaction rate supported by Bitcoin. Since blockchain transaction will have to compete with off-chain transaction, the amount spent on transactions will approach its cost, which, given modern infrastructure, should be close to 0.

u missed the dip in march, faggot. go kys

it can and it will after september

Because the moon was from 2013-2017

Bitcoin is finished. It's only a nerd's fantasy nowadays, the big boys exited long ago and moved on from this delusional shitcoin

one last pullback then sideways until complete lack of interest makes people forget it's there then eoy rally

You mean in a year. We are going to crab for many months

please kys retarded newfag

because it shouldnt be this high in the first place

this

Pretty much this

bitcoins price is being supressed above 10k. just look at the charts, the charts dont lie.

it fucking did that in march you retard. you probably missed it while you were looking at gay porn.

easy right now it will only go up. Everything will liquidating into digital gold

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.....because it's not the real Bitcoin OP

You mean to tell me you haven't been buying BSV? Oh dear....

hello raju. how was your curry today?

because the stockmarket is down and everyone liquidates his garbage assets like crypto. same in March. 'muh uncorrelated asset'. You have been warned ( again). This is nothing, stonks will crash 80% eventually. don't be a retard sell your shitty memecoins , it's over

Hello waging white man

Thanks i will buy more for those cheap prices

The stock market just tanked over 6%

Bitcoin in comparison is only down around 4%

BTC IS A HEDGE

don't you have an old lady to scam?