Quote:
Originally Posted by McLovin
I will say, I think Bitcoin has had much bigger percentage declines than this in the past, several times. Being declared dead is not a new thing for it. People who bought on those declines did very well.
Is this time different? Who knows!
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Everyone on this thread are acting like they are discovering something no one else has ever thought of, meanwhile as you pointed out, the volatility of BTC has actually been slowly declining each halving since conception. Where will it go next?
Also, the transaction fee for mining is bitcoin, but each halving.... well, the fee paid to the miner is cut in half. This goes on until the predetermined cap of 21,000,000 btc have all been mined, this wont happen until the year 2140.