Bitcoin has to hit this value after the halvening or BTC mining is doomed! And this isn't click on bait. Its the reality. The value of BTC will go up between now and the halvening. Because of this mining issue will even go up. However this time it may go up quicker than we've got skilled earlier than as a result of MUCH FASTER ASIC miners popping out. Bitcoin miners are dealing with an actual risk. If the value of Bitcoin must land at a sure benchmark or mining Bitcoin won't be possible.

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BTC 13qF5ovjByDtFyGX1hYLA7uvhXj1BDH2KX
LTC LcdKQ9JSAZRuypVtevhbna7hVo8hHf5UoD

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  • so…how bad has this nightmare gotten so far this year? as a gamer (mostly pc gaming) cryptominers have been right up there with EA since this cryptocurrency BS began due to the damage it has caused over the years.

    all those graphics cards…just so greedy fucks can line their filthy, disgusting, pockets… a perpetual shortage and high supply of damaged (if not ruined) goods just so some assholes can get money and chase a dream of a decentralized economy without showing the slightest hint of care about the damage their greed causes.

    consider this. even NOW, i hold freaking EA higher than crypto miners. EA! stop and think about that for a moment. EA is the single most hated company in all of gaming but even they aren't as bad or as damaging as crypto miners. at least EA doesn't go out and buy up graphics cards needed to play games on a pc by the hundreds then use them in a way that artificially shortens the lifespan of said cards nor do they cause and perpetuate a shortage of parts.

    scam nothing, cryptocurrency is a blight upon the world. and the only possible way anyone would ever get me to even CONSIDER supporting it is if they do something crypto miners likely wouldn't ever even consider doing: reimburse me for the increased electric bill + damage and replacement costs of the relevant pc parts. you know, cover the costs of the damage your greed causes… but, of course, i know that will never happen.

  • Wrong most of the Bitcoin being minded today is in China were they are getting free power from the government so I think they will continue to mine way below 3,100.

  • Darn, that's scary but sounds right

  • can't believe all studies logicly it's known that looking at part of the info can change the conclusion. Example, otc trading not counted

  • 4:23 — They said only $261m of Bitcoin volume is done daily on 81 exchanges

    This is a complete lie and FALSE. BitMEX does $551m itself they must be counting Spot Only.

  • 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!!!

  • T F

    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

  • 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.

  • D H

    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

  • bitcoinBitcoin
    $ 9,692.78 4.5%
  • ethereumEthereum
    $ 172.71 7.27%
  • rippleXRP
    $ 0.254804 5.21%
  • bitcoin-cashBitcoin Cash
    $ 289.24 6.04%
  • litecoinLitecoin
    $ 66.29 8.61%
  • ethereum-classicEthereum Classic
    $ 6.38 11.29%
  • bitcoin-goldBitcoin Gold
    $ 11.40 9.4%
  • bitcoin-diamondBitcoin Diamond
    $ 0.626216 10.52%