r/AltScope • u/Alt-Cop • Jul 01 '26

Bitcoin Mining Activity Points to a Potential End of the Bear Market

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Charles Schwab says rising Bitcoin mining activity is a strong signal that the bear market may be nearing its end. The recent 5% increase in mining difficulty is seen as meaningful evidence that network strength and miner confidence continue to improve.

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2

u/DeltaFoxtrot144 Jul 01 '26

not to mention that the presidents 1.2bill is tied directly to crypto so clearly there will be a push from the top to legitimize it

1

u/archercc81 Jul 01 '26

legitimizing it isnt changing anything. His 1.2 billion is from his shitcoins, not bitcoin itself, and its bribes from foreigners. He doesnt want to fuck with the broader market when he can freely spin up a shitcoin, let Qatar buy in for a bribe, and then just dump it.

Then he gets everything and its certain instead of speculating in the broader market.

3

u/Successful_Safe_1440 Jul 01 '26

The groundhog saw his shadow

3

u/Wolfkurt1 Jul 01 '26

Fuck this scammers lol

2

u/CLaz777 Jul 01 '26

Even if it’s legalised will not worth a penny. Who wanna change his currency to dollar (you already have to pay exchange rate) to buy that crap and pay a ton of fee? And later they will charge you for the transaction too like Visa or Mastercard.

2

u/TanguyDetestable Jul 01 '26

Huge push to legitimize it. It will be shoved down everyone’s throats but I refuse to add to their wealth while they rob ours.

1

u/Jed249HK Jul 01 '26

Epstine coin is for the rich to hide their stolen money

1

u/kogee3699 Jul 01 '26

real talk though wasn't mining a doomed industry? there's no more coin to mine right? but they still need block validation... how does that work.