Find me one single chart of any asset or currency. I can guarantee without looking at it, that it has seen red days. Don't be the stupid retail investor that accepts a loss. It will go up. The fundamentals are too strong. So if the fundamentals are strong, HODL ON.
@ZbalSi @TheCryptoLark Yes, they do. Everytime the price drops dramatically a lot of miners back out. When there are less miners, more of the transactions get processed by the people who are still mining. I know this because my own hashrate goes up every drop and when it's high it goes down
@AndreHeuer_ @TheCryptoLark People stop mining when prices drop, China does not. So they eat up the rest of hashing power. I have been mining btc, eth, and alts for 5 years now.
@SecretsBTC @TheCryptoLark How so? You do know that when bitcoin drops in price, the acquisition of btc goes up for the miners. So it's no wonder China puts out a lot of fud, their hashrate shoots the roof.
@118proof @EdwardLongsha20 @Whoeveritis5@benjamincowen 2/2.. Eth is supposed to be moving to this way of processing transactions because cardano has proven how fast and much more energy eff. Cardano will get dapps, give it time. As it stands now, cardano is better than eth. Plain and simple.
@118proof @EdwardLongsha20 @Whoeveritis5@benjamincowen Basically, eth is not scaled well with its proof of work architecture, which results in slower transactions, higher fees, and high energy consumption. Cardano is proof of stake, which pretty much cuts out miners and speeds up transaction times.. 1/2
@118proof @EdwardLongsha20 @Whoeveritis5@benjamincowen I would elaborate but this video makes it easier to understand. It's from a very reputable youtube channel called coin bureau.
https://t.co/2sdhaIG9iq
@themachinebuilt Everytime Elon Musk trashes bitcoin and the price drops, China's hashrate and acquisition of bitcoin shoots through the roof. Just saying. I'm not saying there is a conspiracy here, just a hard truth that most don't know.
@xi27pox Everytime Elon Musk trashes bitcoin and the price drops, China's hashrate and acquisition of bitcoin shoots through the roof. Just saying. I'm not saying there is a conspiracy here, just a hard truth that most don't know.
Everytime Elon Musk trashes bitcoin and the price drops, China's hashrate and acquisition of bitcoin shoots through the roof. Just saying. I'm not saying there is a conspiracy here, just a hard truth that most don't know.
What most people in crypto don't know is this: IF YOU MINE CRYPTO, YOU MAKE MORE MONEY WHEN THE MARKET GOES DOWN. Who controls bitcoins hashrate?? Who's putting out a large majority of the fud??? 😑
@inmortalcrypto Glad to be miner of eth right now. This is just what I needed right before eth goes to proof of stake. My hashrate has shot through the roof.
@DoomGhostNFT @benjamincowen I agree. It's a real gamble with this one. They have a SOLID project, but solid projects die a lot. Not only that, but them trying to decentralize the internet could lead to centralization by them. It's funny how you can become the thing you fight against.
If your in crypto for the short term, your most likely going to get wrecked. YES, you can make money fast but the long term investors are the true winners.