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RE: [ Bitcoin ] Who let the Bears OUT!!!
It cannot die @sup3r. Every single miner will have to switch off. Most will switch off it the price goes way down, but some will stay. As this happens die difficulty will plummet and it will become profitable to mine again even at $100.
I sincerely hope it doesn't come to that. The biggest concern I have is the market for bitcoin... if the banks and governments band together to establish a centralized crypto, then the market for bitcoin will once again be relegated back to the shadows for less than honest deals.
At this rate though, major financial institutions seem to be buying up mpre and mpre cryptos, making it seem like they are betting on their success... make ypu wonder if this bear market was manufactured.
I don't thing they will be able to regulate bitcoin
Very interesting thought indeed