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RE: The Globalist Plan To Blame Bitcoin For Biblical Level Collapse In 2018

in #bitcoin7 years ago

Very interesting.
I heared this rumor before but from another theory. Since 80% has been mined, the computer miners will work longer and harder in order to “print” new bitcoins. The thing is that you have the “halving” factor which cause the reward to be with lower value.
The harder and longer mining- the lower reward.
This will cause to all the mining companies to close thier businesses since they are not profitable anymore, which will cause for lower and lower demand. This will impact the market and the value of the crypto currencies will drop off.

All i wrote is a ccording a rumor that i heared from one of the analysts on my country.
Would love to know your opinion about it.

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POS and better DPOS won’t be effected FYI
BTS EOS Steem for life.

I an kinda newbie to those terms :)
Can you please explain?

Btc is pow. It has to be mined. Delegates proof of stake which steem. Bitshares and eos is designed wont be affected as coins that ore pow or proof of work.