Bitcoin Mining Crisis Explained – Halving Price Pain Coming?

1. Auckland here!

2. Cryptocurrency is still very much one of my favourite digital investment mostly when it comes to Bitcoin and i totally love the technology behind it. For another reason, Bitcoin price is undergoing massive swings at the moment, although its been able to hold the $6,000 region against the US dollars since the past 24 hours and if this region could hold strong it is clear that it will signal the next bull run that will see bitcoin rise further. I still see this as a good time for traders to buy and trade smart, i have been using Mr Ben Edward's strategy/daily signals since the last bear market, increasing my portfolio monthly. With Ben's daily signals, i was able to grow my initial 0.8btc to 6.9btc with a month, this indeed would describe as a good profit and i also encourage other traders not to miss such opportunity as you can also buy at this rate and trade with Ben's daily signals. He can be reach via Whatspp: +447727428945 and Telgram @ Trader_247 for inquiries into profitable trading systems.

3. Btc will reach 100 grand . In 5-10 years . Because the dollar will be super inflated and 100 grand will be like 10 grand like it is now so it doesn’t really matter if btc hits 100 grand it’s still the same thing hahahaha

4. ? %

   ? %

   Great video !!!!

5. sats evaluation faster to be implemented

6. Subscribe to both you guys channels. Ideology temporarily aside.. did recent events prove that at least in the short-term…FIAT catch of the day is the most popular dish on the menu

7. Great interview, Lark. Really appreciate you letting your guest speak a lot. ??

8. Earn XDN While You're Away

   Staking provides an opportunity for current XDN holders to grow their balance without specialized hardware by securing the network via Proof-of-Stake. The amount earned depends on the user’s staked balance and the current network staking weight. Stakers can earn from 50-150 XDN per stake.

   https://youtu.be/X8__EHKLNcU

9. Im noticing the miner fees are rising in rate per bytes

10. could we see bitcoin using other mining sources, seems doable, Digibyte does it and will not have monopoly issues

11. I love how you will never hear these two talk about Crypto AG. The C.I.A's 50 year run of a fake cryptography company used to exploit software and hardware using the very encryption Bitcoin uses. The NSA/C.I.A created that encryption and used it to ease drop, hack elections, and crack encrypted emails. Bitcoin and all shit coins are just a giant honeypot to track illegal transactions. They created it to push criminals out of cash which cannot be tracked.

12. 27:51 — ? please tell us more about this “dumping on people” concept, Kris. I hope everyone else saw this.

13. Nice interview one of my favorite youtubers Mr Krisoff.??

14. Nice video lark great interview. You had one of my favorite YouTubers on Mr Kristoff ?

15. One Bitcoin is one Bitcoin just ask the Dogecoin community.

16. I vote that a Starbucks latte isn’t even worth 1 satoshi… Maybe a small fraction of digibyte

17. Lark I like your funny videos. This one was very good as well.

18. Such a revealing interview. It's interesting seeing the miners side of things.

19. Miners can use their "S9" to mine ETC for actual profits !!!!

20. 12:30 Taiwan is not a country <period>

21. You guys rock. Great info and lots of fun. Thanks. 🙂

22. Hey what if I could help with something… what if i could cover the electricity costs? I'd love to talk to someone with a farm about this because I might be able to help in regards to power! I definitely don't know how to set up a farm but I can power them. And No I'm not telling you how. Sorry. Although the chances of you being able to put the work in 2 learn it and you having the right equipment. Very small probability. But I did have a 12-year learning curve when I really just need it about 6 months huh yeah I do everything the hard way

23. good one. tnx

24. ???? Great video. After Halvening in 50 days we'll see cost price of Bitcoin reach $15,000. Historically it acts as a magnet/support. The U.S. Dollar will keep getting printed slowly, then quickly. Those who aren't long Bitcoin already will probably wake up to a big shock in price rise out of nowhere because they wanted to "time it" ????

25. Bitcoiners:
    "Litecoin's price dropped after halving so miners turned off their machines because Litecoin is a scam."

    Also Bitcoiners:
    "Bitcoin's price dropped after halving so miners had to turn off their machines but that's because we are unprofitable."

    There is NOTHING special about Bitcoin. The only thing Bitcoin has going for it is that everyone is mining it, because everyone tells people about Bitcoin. If Bitcoin is not profitable, go mine other coin. Then shill those other coins, like you shill Bitcoin. The more you shill, the more people you get in on the coin. It works with other coins beside Bitcoin. Why do Bitcoiners constantly feel the need to shill only Bitcoin? The whole Bitcoiner is immutable and decentralized narrative is BS anyway. "Immutable?" Just Google "Bitcoin value overflow incident." "Decentralized?" 70% of mining is done in china, 70% of mining is done on hardware made by one manufacturer (Bitmain) and 5-10 people control all of Bitcoin's mining pools. Yea, Bitcoin is so "immutable" and so "decentralized."

26. A Starbuck Vanilla Bean Crème Frappuccino is about 395 sats…… Well that's the most I would pay for it.

27. My simple idea is to start using mBTC (1 mBTC = 1/1000th BTC = ~$6) so people can better conceptualize pricing. Right now it's mainly sticker shock for retail investors who think it's too "expensive" to own bitcoin. For some reason owning a fraction of a Bitcoin just doesn't resonate (even with me who knows better).

28. 32:58 – Ironically Mr Kristof's complaint about people valuing Bitcoin in USD unit of account, is why I unsubscribed from him.
    Glad you finally realized 1 Bitcoin = 1 Bitcoin. ? It's stable AF.
    Everyone has their own journey.
    Be Patient. Stack Sats. Be Humble.

29. Why don't we tie BTC to the gold standard instead of the USD. . .

30. Lots of jibber jabber. Hopium nation! Purchasing power is considered in terms of what we are commonly comfortable with. It will take a while, but eventually we will be comfortable in terms of bitcoin perhaps. The use of credit cards took years to get comfortable with as regular and normal!

31. Great video. I don't hear anyone else talking about this.

32. What’s your house worth, car worth or better yet what’s your net worth in Btc?

33. @The Crypto Lark you forgot….If you want someone to buy you some pizzas…you can pay them in Bitcoin.

34. Once again. Delivering the facts to the People ??????

35. Kristof is spot on about bitcoin valuations. It makes no sense to be concerned with the valuations of BTC in USD once we understand that USD is a failed currency that is currently being hyperinflated into oblivion. In the not too distant future, people are going to have to reorient themselves to an entirely new standard, perhaps with BTC as a reference point so that one might ask, "How much BTC does that land cost?"

36. Serious question, Prof Lark.

    Have you ever met Mittens?

37. Is 1 bitcoin still 1 bitcoin just like 1 confederate dollar is still 1 confederate dollar? asking for a friend.

38. I’m a 0.71944164 BTC Hodler not a €4164 Hodler

39. I just want to post this comment, to be the first person to state this on the internet, ever…BUT I bet that the very last Bitcoin mined will be far more valuable than the rest of the supply.

40. Is it possible that the halving overtime could cause bitcoin to devalue if technology isn't able to catch up or there is a lack of resource to mine it efficiently?

41. Well in their defense, they do print the fiat on nice paper.

42. Unit of account I say £1 = .0001 Sat. Can of Coke .0012 Sat WHAT! how much for a can of Coke? lol

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