Tom Lee: "Don't believe the Bears"
Tom Lee says the bears are getting several things wrong in most recent interview:
Check it out here:
Tom says that prices are very close to mining break-even point in many parts of the world which should help put in a floor at current levels.
Not sure if I buy that but it does make sense and he pointed to other times where bitcoin bottomed out at the cost of mining at that time.
Hoping he is right!
We just need a red hot Running of the Bulls!
😁💰🤑💰😁
run bull run!
the fact that you have the big mining groups trying to get their share regardless of the impact of the community hurts the global adoption of the top 10 currencies, the attacks that were wanted to make 51%, the shitcoin waterfall that are going around to steal money from investors, they embarrass the field for those who want to make this a good thing globally and not only see it as a business.
Projects of clean energy, access to information, privacy of personal data, opportunities for entrepreneurs without being extorted by an intermediary.
Hopefully all this of apoco the community will solve it altogether.
That is kind of the way it was designed though. There is an economic incentive to secure the network.