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SAL
Bloomberg Technology
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Comments by "SAL" (@SAL-fs1mr) on "What Will Bitcoin do in 2020?" video.
@peaceandfreedomeconomics8984 they cashed out at the previous top only to buy at the lows. Accumulation cycle happening again right now.
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Majority of XRP is owned by Ripple and they are constantly dumping it on the market in an unpredictable manner. Bitcoin mining supply rate is stable and predictable.
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People kill their GPUs on mining shitcoins, not Bitcoin.
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What metrics indicate that bitcoin is "dying" ??
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@peaceandfreedomeconomics8984 it's already up over 100% since the start of the year!! if you are looking at weekly or monthly time intervals, then you will be easily fooled by the charts.
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@peaceandfreedomeconomics8984 you seem to take away the wrong message. 100% price increase is an indication of larger future gains, especially after the halving. I suggest you go learn about the stock to flow model of bitcoin.
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@peaceandfreedomeconomics8984 bitcoin being worth thousands of dollars (like it currently is) also seemed to be "pie in the sky" at the beginning of the decade.
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