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BitcoinHype

12/31/17 3:25 PM

#1515 RE: Beerholder #1511

It doesn't matter much if the market cap is over $300 million, and they only own a few million worth of mining equipment. Plus, they would not have many bitcoins yet. A higher price of Bitcoin just makes mining more competitive, and harder to make a profit. Over time, people will realize that mining is not an automatic path to riches. I have not heard too much intelligent conversation here anyways. I'm fine if Riot continues to go higher. It would just create an even better opportunity to be short .