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Bitcoin Miners Are Selling?! What It Means For BTC Price!

2024-08-29 Education
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Coin Bureau
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Top Comments (10)

@Pascal737 2024-08-29

All this will reopen the opportunities for the smaller farms 😌 which means even more decentralisation πŸ‘πŸ»

28
@WanderingWildUSA 2024-08-29

This miner is not selling. Just picking up extra hours at my fiat job to cover the extra expenses.

15 1 replies
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6
@mikatu 2024-08-30

No matter how you racionalize it, but if you know BTC price is going up, at least in the next year, selling now is ridiculous. It is an investment, like buying ASIC miners was when they did it. So, they just need to wait and then cash in all the profit. People need to be patient. They seem to want to get rich overnight. Hodl as much as possible, even if you don't believe in BTC, because by the end of 2025 the price will be much higher and then you can sell and take the profits. But now is the worst time to sell because BTC already went up 100% but still has 150 / 200% to go.

6
@Josephstansil 2024-08-29

Bitcoin is going up, so people just need to be patient.Stop speculating

5
@roboSKAY 2024-08-29

Sounds like miners should sell electricity at peak hours and bank it as BTC buys to escalate price pressure

3
@sardarahura2672 2024-08-30

Well done guy. As always you are awesome with all data and knowledge.

0
@davidpachamama 2024-08-29

Thanks for this video guy, was just wondering many questions here you answer as clear as usual πŸ™

0
@GarrickIvanyk 2024-09-03

It simplifies the user experience by allowing seamless interaction across different blockchains without needing to worry about the underlying complexities.

0
@paulinmontreal8076 2024-08-30

Love your T-shirt, your cousin, you’re still the king !

0

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