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2026-08-11 23:44:20 UTC

DWOLFBTC on Nostr: #bitcoin adoption by narrative sounds great But much of this is exaggerated The ...

#bitcoin adoption by narrative sounds great

But much of this is exaggerated

The regulation side is all verifiable

The problem is the price

#bitcoin at 64 k is really not helpful to anyone

Miners can’t mine at profit, investors are mainly red, ETF avg is 80ish, Strategy 75k

A 64k Bitcoin is not only risk but problematic

For many years miners held on in minus profits… not much has changed

Bitcoin makes everyone struggle… so the price now has to stop the survival mode

If Bitcoin never seems to keep up with cost to create…. Then we go backwards

$92,000 is a fair miner profit… 112k is their sweet spot for expansion….

But soon another halving comes and those prices double

At 64k people are trying to survive….

U can preach only the strong survive, but we are in a time where Bitcoin simply needs more users

Not killing off investment

It’s beyond dumb at this point, but I remain onboard

After 10 years for me it’s pretty simple…. Thrive or die

We are closer to the second

The world is switching off Bitcoin…. This needs to change