You still have buffoonish JayJuanGee over here pretending like Bitcoin was created by god himself as the perfect system. What type of 'god' creates a system built to have a financial crisis every four years on the dot where the price is required to double or half of miners go bankrupt and turn off? LOL.
What the fuck you talking about you butt hurt ape?
Of course, there is going to be a lot of volatility when a new asset is in its early stages of adoption, and the four year halvening is just an aspect of discretionary algorithmic dynamics that anyone should be able to get used to and figure out, without "going bankrupt" as long as they have some brains in their head... unlike you, apparently, in your ongoing pursuit of bitcoin denigration in order to pump your bullshit in comparison.
It's designed from the ground up entirely as a pump and dump scam.
Your spin that is not backed up by either logic or facts.
The amount of mining is already enormous, so it's inevitable you get a halving soon where instead of any price increase, it's half of miners turning off instead.
Bitcoin has been like this throughout its history. There has been considerable incentives to mine and to build the hashrate beyond expectations, causing enormous and arguably excessive security.... so in that regard, better to have too much security rather than not enough, and who gives any ratt's asses if some of the miners over project and are not able to continue mining... hash rate does not generally fall off by any kind of meaningful rate, as you are attempting to make it out to be... you fucking exaggerating liar.
Or did you expect the price to increase and amount of mining to go up even more when it's already retardedly high?
Yep... seems like both are going to continue to happen... BTC price is likely to continue to go up, and mining and hashrate is going to continue to go up.
Yes, roach, start your stupid ass illogical and irrational halvening FUD now, that is neither based in fact nor logic, and let's see how it goes... ... in other words, halvening causes the BTC price to go up.. not down.. and who gives any shits about miners.. there is more than enough of them because the incentives are built in.. so even if some drop off, there are other miners to take their place.
Bitcoin is also designed to basically never have any type of stability and impossible to be the unit of account of anything where it always has to be the derivative of something else when cost of production is recursive based on it's own demand. No matter how much KoolAid 80 IQ mexicans like JayJuanGee drink, it's never going to change the fact physical metals are the base of Exter's Pyramid and digital scamcoins have 0 hope of defeating them. The only reason digital scamcoins exist is 1) to try and draw attention away from metals until the system implodes and 2) To try and integrate people into a cashless society slavery system.
Yes..... live in your little fantasy, roach. Spout your nonsense... Of course, as bitcoin continues to grow, as it likely will, the unit of account aspect will become more and more stable too... But there may likely be another 10 years or more of bitcoin growth, including likely 1000x or more price increasing in bitcoin that will also bring more and more stability in its price... in other words, the instability in bitcoin in the next 10 years or more... and perhaps even more than 20 years, is going to likely be in the upwards direction, merely based upon ongoing and increasing adoption... that is seeming nearly inevitable, at this point.