10baggerbammwallstreets101:
if Bitcoin stays in this channel 60 to 65 for the balance of the year their revenue is going to go down dramatically their losses will increase significantly same with every other mining Company the model for these miners is predicated on price going up doubling when there's a having.
10baggerbammMonkjustin:
come on let's have a brain and try to tell me why a company would want a higher price if their revenue is reduced by 50% unless the commodity product doubles in price which would then produce a zero difference in profitability. having reduces the supply by 50%, cost of operations only go one way up they don't go down expenses are up. if the underlying commodity does not double in price your revenues declined and your losses increase it's common Sense people I think that's what severely lacking in society nowadays is common sense
10baggerbammMonkjustin:
I have 100,000 Plus in Bitcoin wallet plus 150k leveraged ETF bitx... does that make me a hater. Bitcoin versus the miners are two different things
wallstreets101 : Yes. And efficiency will only get better by end of 2024.
10baggerbamm wallstreets101: if Bitcoin stays in this channel 60 to 65 for the balance of the year their revenue is going to go down dramatically their losses will increase significantly same with every other mining Company the model for these miners is predicated on price going up doubling when there's a having.
wallstreets101 10baggerbamm: IF
Monkjustin 10baggerbamm: Crypto troll …
10baggerbamm Monkjustin: come on let's have a brain and try to tell me why a company would want a higher price if their revenue is reduced by 50% unless the commodity product doubles in price which would then produce a zero difference in profitability. having reduces the supply by 50%, cost of operations only go one way up they don't go down expenses are up. if the underlying commodity does not double in price your revenues declined and your losses increase it's common Sense people I think that's what severely lacking in society nowadays is common sense
Monkjustin 10baggerbamm: You’re a complete crypto hater admit it.
10baggerbamm Monkjustin: I have 100,000 Plus in Bitcoin wallet plus 150k leveraged ETF bitx... does that make me a hater. Bitcoin versus the miners are two different things
Monkjustin 10baggerbamm: Cool story you and a million others claim same shit
10baggerbamm Monkjustin: yeah well why don't you read my post big guy
Monkjustin 10baggerbamm: Have and I think u a clown that thinks he knows it all
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