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How Strong Is Bitcoin’s Push Above $12,000?

The Breakdown | Podcasts
By: The Breakdown
Published: 2020-10-21 03:00:00
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Today on the Brief:

  • DOJ files biggest antitrust case in two decades against Google 
  • Goldman Sachs’ 1MDB settlement 
  • LINE’s new CBDC platform 

Our main discussion: bulls vs. bears as bitcoin passes $12K

Someone recently tweeted, “Bitcoin price has never been this high with such bearish sentiment.” 

On this episode, NLW looks at the bullish case (growth in open interest on CME backed by strong macro narrative around stimulus) and bearish case ($12K sell wall and bleeding from alts and DeFi). 

 

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Mining should not be too profitable (because nothing should be too profitable, the world doesn't leave free money lying around). Therefore the price of Bitcoins can't rise too much above the cost of mining (counting equipment depreciation among the costs of course).
Hal Finney

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10:11

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Toxic Maxi Timeline

Dasscrub1

Can we get English version?

2024-10-29 13:25:32
Brinkie Noderunner

🔥🔥🔥🔥🔥🔥

2024-01-18 10:54:12
CoinosWallet

Cool show !

2023-10-26 23:13:19
PeterGillis

Goed zo jongens, veel geleerd. Nu heb ik ongelooflijk zin in a lekker tom pouce of drie.

2023-07-18 11:29:26
Limburg3rt

Echt heel mooi, #FreeMadeira, LFG! Wat een Tsjaads! Madeira GMI!

2022-12-13 00:44:37
Tsartoshi

"Gradually, Then Suddenly" without money there would be no society!

2022-11-16 15:40:12
Brinkie Noderunner

Facking clowns

2022-10-26 19:15:10
Shortnon Nakomopoulos

I was there first... ;-)

2022-10-15 22:10:57
100% Hezzy

Great Noderunners give away 👍 Props to Brinkie

2022-09-09 11:42:08
Tsartoshi

Every shitcoiner should read this

2022-09-05 11:10:39