Row 34906

Row ID: 34906 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 34906 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Well first hashrate doesn’t tell the full story about adoption as it only tracks general use on the network not wether new people are using it or not.

Second though this article indicates there’s been a 20% drop recently

https://ambcrypto.com/decoding-bitcoins-20-hashrate-decline-why-are-miners-struggling/

Third, even if you were correct just tracking user adoption does not turn this from a speculative asset to a ‘obvious play’ because you are still banking on market sentiment, something which is both ephemeral and notoriously fickle, without an actual use you are just buying crypto in the hopes that sentiment reamains high and you can sell it for more later, there’s no fundamentals at play you’re just trying to time the hype.

FieldValue
text Well first hashrate doesn’t tell the full story about adoption as it only tracks general use on the network not wether new people are using it or not. Second though this article indicates there’s been a 20% drop recently https://ambcrypto.com/decoding-bitcoins-20-hashrate-decline-why-are-miners-struggling/ Third, even if you were correct just tracking user adoption does not turn this from a speculative asset to a ‘obvious play’ because you are still banking on market sentiment, something wh…
label r/investing
dataType comment
communityName r/investing
datetime 2024-05-21
username_encoded Z0FBQUFBQm5Lak1JZm56aDZsVmZsQjdKZC02MXdoZ1BmSV95RlJoS3d0N1lVdkdGdmNnQWpFeWVMeXRhbUkxQ3dTZktFcXBRZEx4dHRhSmRkdUxvNkM0VFRLRE9FblNMWUE9PQ==
url_encoded Z0FBQUFBQm5Lak9ZT3QtellzZnUtSGxycktmdmY5N0F2cEZib2xBZmJVTWpCejFGM2wxYlF6WUZmZlJDSmN0OGU3NjQ3aFduSEdDdmNpTTVsUmUtMkw4TlNMVmJBQ1JwNnl6b0Q0eHltMXU3SlpxUzBwYVRSLXdOWWp0YUlfMUd3aWxieFhBS194RTREODdZUldYWHVfd1RzNDY4RUZJS2FmVFhSWFpJYkh6LTVNMElyWVRwd0hsYUwzT0Q3Mnl0RnJBQy10Z2ZNaHRM

Raw Record

{
  "text": "Well first hashrate doesn’t tell the full story about adoption as it only tracks general use on the network not wether new people are using it or not. \n\nSecond though this article indicates there’s been a 20% drop recently \n\nhttps://ambcrypto.com/decoding-bitcoins-20-hashrate-decline-why-are-miners-struggling/\n\nThird, even if you were correct just tracking user adoption does not turn this from a speculative asset to a ‘obvious play’ because you are still banking on market sentiment, something which is both ephemeral and notoriously fickle, without an actual use you are just buying crypto in the hopes that sentiment reamains high and you can sell it for more later, there’s no fundamentals at play you’re just trying to time the hype.",
  "label": "r/investing",
  "dataType": "comment",
  "communityName": "r/investing",
  "datetime": "2024-05-21",
  "username_encoded": "Z0FBQUFBQm5Lak1JZm56aDZsVmZsQjdKZC02MXdoZ1BmSV95RlJoS3d0N1lVdkdGdmNnQWpFeWVMeXRhbUkxQ3dTZktFcXBRZEx4dHRhSmRkdUxvNkM0VFRLRE9FblNMWUE9PQ==",
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}
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