Bitcoin has to hit this price after the halvening or BTC mining is doomed! And this is not click bait. Its the truth. The price of BTC will go up between now and the halvening. As a result mining difficulty will also go up. But this time it could go up faster than we have experienced before due to the MUCH FASTER ASIC miners coming out. Bitcoin miners are facing a real threat. If the price of Bitcoin needs to land at a certain benchmark or mining Bitcoin will not be feasible.
Tip jar below
BTC 13qF5ovjByDtFyGX1hYLA7uvhXj1BDH2KX
LTC LcdKQ9JSAZRuypVtevhbna7hVo8hHf5UoD
Check out my Patreon if you want some gold nuggets.
https://www.patreon.com/mrkristof
Equipment used to make this video
Rode VideoMic Go- https://amzn.to/2Qs5ZAR
Samsung Galaxy Tab S4- https://amzn.to/2RpbT1E
Smooth 4 cell phone gimbal- https://amzn.to/2SEokrE
SanDisk 64GB memory card – https://amzn.to/2Da6B63
GoPro Hero 7 Black- https://amzn.to/2PPyerO
Canon EOS M50- https://amzn.to/2qUAm3y
Flexible tripod- https://amzn.to/2DYQdqf
Lighting for studio- https://amzn.to/2TPveLl
Gun gear that I use
Serpa CQC OWB hoslter- https://amzn.to/2PLhORv
Carbon Fiber OWB holster- https://amzn.to/2D6Rj2a
Glock 17 sure plug- https://amzn.to/2JNmvoz
Need stickers? I HIGHLY RECOMMEND THESE GUYS:
http://stickeryeti.ositracker.com/111118/8543
Need something done for cheap? Check out Fiverr.
http://www.fiverr.com/s2/1c08095a0e
BUY A NANO LEDGER S HARDWARE WALLET
https://www.ledger.com/?r=49c8
Exodus PC wallet
https://www.exodus.io/
RECOMMENDED CRYPTO EXCHANGES:
If your looking to start buying alt coins Binance IS THE BEST altcoin exchange out there.
Please join Binance using this link:
https://www.binance.com/?ref=10263251
Kucoin exchange is the fastest up and comer and has coins exclusive to it you cant find anywhere else!
www.kucoin.com/#/?r=28ucr
CONNECT WITH ME:
Add me on Telegram: @mr_kristof
Add me on Snapchat: mr_kristof
Find me on Instagram: mr_kristof
Add me on Twitter: mr_kristof007
Add me on Xbox Live: VoxiKnight
Find me on DTube: d.tube/#!/c/cryptokristof
Read my blog on Steemit: steemit.com/@cryptokristof
DISCLAIMER: THIS IS NOT FINANCIAL ADVICE AND I AM NOT A FINANCIAL ADVISER. AND THESE ARE SIMPLY MY OPINIONS
#cryptocurrency #BTC #Bitcoin
source
Channel going from strength to strength.
Won't do the Instagram, Kris, I've got too many subscribed things already. You need some hearing protection from all those fans! Add some solar panels to the roof, put in a skylight or two, try to cut down that monthly power bill!
cmon don t take cnbc as reliable!!!
It's not doomed, difficulty adjustment means it will live forever
I appreciate you sharing your data on what the price needs to be! I highly recommend you read the Bitwise ETF proposal… 20% of it is negative data… But 80% of it is positive… For example on page 72-74 they describe how USDT did not manipulate Bitcoin's price as it's trading pattern was identical to USD trading pattern…
75,000 at time of halving
Increase the price of oil – increases the price of electricity. Use ETFs to suppress the price of bitcoin – miners will shut down which will put the system at risk. Add some major FUD and bitcoin may not be able to recover for years. Or not…
Kris, would you say it’s safe to say that Altcoins, most at least are entering a slow steady bull market and Bitcoin is still in its Sideways accumulation phase? Is something like this possible?
Subbed. But no insta 😉 no facebook;) so pls give the ledger to someone else haha. Thx for the great vid!
I hope market goes sideways until aug so i can accumulate more please shutup youre making me stressful :'D
not sure not done yea,i still did my trading got profit ……
It's exactly the same on the stock markets, it's all BS. Nobody really cares about what they have money invested in, only trying to make an easy return based on personal believes.
Icelandic EU/US Banking collapse 2008, Cyprus Government Bank Fiat confiscation 2013, Greece 2015, USA Gold confiscation 1933 – These are events that 'traders' sometimes forget. Best to diversify away from government and fractional reserve banking system into decentralised crypto such as Litecoin or Bitcoin to spread risk as well as secure your assets. – Litecoin Mining reward 'halving' 2019! Bitcoin 2020!
dont forget about all the old rigs and gpu miners that cant wait to get away from ETH. what algo does BTC use?
Awesome video! Thanks for the info man!
I wish i could win the last price. keep up the good work bro, excellent info.
Dude: Your video is so sharp and crisp…very professional – please keep up the good work and staty away from the usual BS like other YouTubers…
The price will be 10-12k then crash to 8k
Either bitcoin will reach that price or cme will keep the price so low that bitcoin fails. With gold they kept it just above the level were it is still profitable for mines not to close. So I think they could have destroyed bitcoin by now, so we will see a $7600 bitcoin. But not much more. Alts on the other hand are cryptos they don't control. My two cents worth.
POS is King look at ETH staking
Don't really think mining is doomed depends on certain price points. Sure, some miners has to be taken offline but then the difficulty will be lower and then it will be profitable for rest of the miners online. The only thing I worry about is when there isn't enough total hashing power to keep the network secure when the price is too low and more and more miners get pulled offline.
BTC + LTC
Another thing these young exchanges do is partner with a particular project and allow airdrops and trade competitions. Exchanges get their fees, exposure and higher trade volume. After the hype of the airdrop and trade competition is over, everyone moves their coins into other wallets. Maybe a few stay on if they had a positive experience with the exchange. Yes fake temporary volume.
Wooot, Hoss, let me have that ledger… ???
We will fall, the big miners will take huge market share from everyone shutting down… they can survive for a while. Thats how the game is played 🙂
BTC at 2500 by may / June
Your background music is dope I want that Nano please
Thing is when miners get out mining difficulty is adjusted down by the algorithm. Only problem I see is when lot of high powered mining equipment is switched off and put to sale a nefarious entity can buy whole lot and start attacking the network which will push the price further down. We have to also consider mining equipment are much more advanced than 2014.
Did they include anything about pier to pier trading? What about OTC trading? It is quite possible that BOT trading – which is still legitimate trading – is offset by these two elements. Why don't we hear anything about this from BTC mass media? I call "FUD" violation!!!!
Great information as always, thanks.