HUG A #BITCOIN MINER nostr:note1atafpyv5j4d5kkzy9z2ms0ngsfjn8252h65xxqtstq2nvcpdhcpsmr39rm
Discussion
How long does the fed have to depress risk assets (including bitcoin) until the miners break?
Public miners have been bleeding equity holders out my diluting them with share issuance already. My guess is price needs to at least double (from today) within 6 months of the halving.
An effective way to break the back of all but the most staunch bitcoiners would be for bitcoin to lay an egg like LTC’s halving this year