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RE: [Bitcoin Crash] Where is the bottom?

in #bitcoin7 years ago

Colin, the disasters that have befallen the southern U.S. will run into the double-digit billions. The poor souls that have crypto-currencies will be selling to get USD to pay for rebuilding. This also significantly reduces the number of buyers and potential buyers. So this is also a declining factor.

What's wrong with my analysis?

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Good point about the floods. Maybe even some rigs got wiped out so great time to start mining. Genesis mining is the most reliable one.

Yes, all true. Lots of things happening around the world today.

Like Trump yeah.