Bitcoin halving: 'We're in a bullish scenario for price appreciation,' Riot Platforms CIO
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- เผยแพร่เมื่อ 15 เม.ย. 2024
- Bitcoin (BTC-USD) prices are holding above $63,000 as the cryptocurrency gives up some ground on Monday. The bitcoin halving event is projected to take place this Friday, April 19, which operates to reduce the amount of available bitcoins in circulation once every four years.
The bitcoin halving directly impacts the profits of bitcoin miners, including Riot Platforms (RIOT). Riot Platforms CEO Jason Les speaks with Yahoo Finance about Riot's preparations for the halving and the "compelling" upside effects the crypto space is currently experiencing, despite whatever "rough patch of volatility" the halving will bring.
"The price appreciation in the first part of this year following the approval of various bitcoin ETFs, I think, has really helped dampen the negative impact of the halving will have on miners because we've already seen some upside. from this," Les says, later adding: "Our value proposition to investors is that through our low cost to power, we are effectively purchasing bitcoin at a discount to its market price. We are getting leverage on bitcoin nd we... expect to have more outsized returns when the bitcoin price appreciates."
Want to learn more about the bitcoin halving? Watch this video from Yahoo Finance for a quick explainer: Bitcoin halving: Explained
#youtube #bitcoin #crypto
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Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market
nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?
ANGELA LYNN SCHILLING' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
Buy buy buy
Today my account on Coin Market was blocked for telling the truth! Bitcoin was conceived to enrich the POOR segments of the population, as a SUPER-VOLOTABLE tool! But now that the capitalists have arrived, you can forget about profit! This sludge will be at the bottom for years! And with minor fluctuations, you will rejoice in WHAT IS!
All markets went down. Bitcoin was first because it’s always open. Other markets aren’t
💯
Amazing how people forget this.
Gaming coins are going to boom. Gala games, GFAL, etc.
We need to keep them manipulators at bay...they try buying when low to keep selling high dont let them buy low and continue to lose money doing so
All small miners won't survive.
The only ones with solid potential are cleanspark and mara to some extent
One of the ideas of Satoshi was precisely this, make miners to always purchase best technology because that will produce the best network, always on top! BTC is pretty safe in hands of people like this dude!
. . . .Bitcoin to 10million by 2033. Nothing can stop what's coming
Bitcoin is at $67k right now
So when moon
Bitcoin will go higher when banks will start showing weakness
Well no that really doesn’t have an impact right now. Now if you are talking about a possible total collapse then that might also be either very good or very bad for Bitcoin as inflation, unemployment %, other economical factors such as that Nasdaq S&P going into the toilet. I then disagree strongly with your opinion.
this guy beats around the bush. he never gave a price with regards to h is break even price. he beat around the bush with gigwatt hours and electricity cost but didnt answer the question
TULPMANIA 2.0
Looks more like getting closer to half the value from all time high!!
How’s it looking now?
Yeah yeah yeah. A bunch of nattering nabobs. The price will go up. No one knows how quickly or when. I've owned BTC via Grayscale for almost three year. Yeah, there was a real rough patch but now I'm sitting pretty again.
If the halving theory was correct..the value should have been close to $140K by now but it's not because this imaginary asset is based solely on what the next person is willing to pay...basically a sucker's game. No real intrinsic value...
Just like the piece of paper called a dollar
Us dollor is mear paper
Remember guys whenever someone mentions “intrinsic value” you know they’re clueless.
Bro Facebook, instagram tiktok are all imaginary assets. They’re all code running on digital protocols. When TH-camrs upload videos that generate revenue, their videos are just code, the views are code, the likes are code. Music is now just code. Is all of this only worth something if it’s on dvds and tapes? Everything is digitised. People lose huge revenue streams when they’re instagram, twitter or onlyfans get suspended. You going to tell them it’s worthless because it’s all just imagery code?
Australian economics bro! Read some. Not online though, that’s code. Get a book lol
My boy got beaver teeth
Good morning sir
There is only 1 TER that’s gold.anything els is a liability
That is a very poor take on liabilities and assets. I’m sure you can elaborate more about what you believe is an asset vs a liability
Alan Greenspan (gold is money any thing else is a liability)
Banks are biggest buyers of gold.😉
The energy costs are in
War starts people buy gold. People need to flee from war, have no idea what to do with all their gold 😂
Yup. But you can take your bitcoin wallet with you
Timer running. Keep no more money in Banks than you can afford to lose’ ⏳ ⏰ 🥂
Digital passports, inflation and world 🌎 crises are a reminder of the urgency of moving into Bitcoin Litecoin and crypto.🏃🏽♀️
Hashrates for both at all time highs ⚡️
Bitcoin yes. Lite coin no.
Litecoin no 1 coin for payments last 6 months on the biggest and oldest crypto processor. Bitcoin 2nd.
With limited supply for both, price should ultimately follow use.
Chumpers
Your stock is down 40%… “Uh….” 😆
That's a very simplistic way to look at it. It really depends on which asset you bought, when you bought it, and when you sold it. META was up 130% in the past year and 45% YTD. Bitcoin went from $60k to $17k from 2021 to 2022 and back up to $62K today. As far as I can tell, Bitcon moves in the SAME DIRECTION of stocks and the economy, so don't wish the stock market to crash, because it'll take Bitcoin down with it... and no, my portfolio of stocks is still up 30%+ after the recent corrections. It has nothing to do with the fact that they are stocks, but a combination of the state of the economy, picking the right ones, and luck.
Its a joke having
New game.😂😂😂
It go down white stocktmarket crash it’s a liability not money
Going to be interesting to see what you think 3 years from now.
@@Nono-rh4lr you think i was stupid to buy a klick backt by nothing
What are the best additions to a $600k portfolio to boost performance?. ETH is Up and will do better, I believe as indicators for profits continue to improve, investors like me believe that "Santa has come early" to the markets...
I think you're better off with majority investment in bitcoin and uprising equities cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on which to acquire.
Elissa Dawn Sharon is the licensed advisor I use. Just research the name. You'd find necessary details to work with to set up an appointment.
Run away from ETH. Short term fomo will drive it up but it’s a dying chain. Old and slow. They will try to keep it alive but eventually the better technology will win. Hold BTC long term safest olay
Bitcoin is biting the dust
Bitcoin will eventually go to zero
Planes will never fly. The internet will never replace the typewriter. Cars will never become electric. Msft, amzn, tsla, aapl will all go bankrupt. The cell phone will never work. Any more predictions you want to make?
u obviously did your homework
😂😂😂😂
We know you're broke
He mad he didn’t invest 😂