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TruckingAngler

05/19/21 10:15 AM

#4659 RE: llcoolm11 #4658

Somebody needs to create a "Hate Musk" chain & blog...
RIOT and other miners devistated & they all just ramped up their costs to mine more!
Who does he think he is?
CRUSHING BTC miners...
Reaping the world of wealth, and causing such demise & stock/market turmoil...
F him and his trip to Mars...
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WhichWayToday

05/19/21 10:17 AM

#4660 RE: llcoolm11 #4658

The Bounce was quick. BTC way over corrected !! Panic in the streets and those who sold at the bottom will be kicking their own axxes. When everyone is panicking to get out, it's time to get in. Maybe only for a short time but the bounce is almost guaranteed. So $35K the new floor to work from ?

The difference with Riot though is that even though it is mining Bitcoin it is also ramping up the number of coins it is mining over time. This should negate the effects of Bitcoin dropping down if it does over the next 6 months. If it holds in the $35K range, Riot AP should just rise as it mines more and more coins. Some stability would be nice though. Anymore "Chinese/Elon"surprises on the horizon ?