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RE: Why I sold 20% of my BTC and the effect of BTC futures

in #bitcoin8 years ago

With the potential ability to short bitcoin, and the disincentive for people to mine, or reinvest in cloud mining, is that likely going to reduce the consumption of electricity and possibly produce a glut of electricity and hardware?

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Hmm nice Insight @firstamendment, that can be true.. To be honest, I think the volatility will increase hugely so probably those effects will occur occassionaly (and for a short time?)