GREY:BLKCF - Post by User
Post by
stockbull72on Sep 18, 2018 3:02pm
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Post# 28641210
Once Mt gox.....
Once Mt gox.....Pays back creditors using bitcoin, bitcoin will tank. THEN, while everybody's selling on false interpretation that BLOC needs high prices and a load of miners to make money they will soon find themselves chasing BLOC back up. Low prices will mean less miners needed and thus turn a much bigger profit when coins rocket back up again. Upfront expenses will decrease for the miners in turning much greater profit across all machines being used. That's my opinion. It only makes sense. Just gotta ride it out for a few more months and possibly until next year. Many are hoping for a coin comeback and looking at the next 3 month's to a year end moon for all. This I feel is where altcoins will begin their separation from Bitcoins price swings. All speculative. Another year to wait I figure.