Seems that CHIA BLOCKCHAIN IN DECENTRALIZED FRACTIONAL REAL STATE is making CHIA Price taking off.
Bram’s interview from minute 37:30
https://x.com/i/spaces/1kvJpbaQByVKE
https://x.com/MatthewSHintz/status/1860125440029131255?t=oiZpk2d_iI_E1VSR-Vd00g&s=19
Don’t worry. It is already coming down like many times before. I like the cheap price. Less taxes to pay as a hodler/farmer. Next halving would be good point for the price to go up
lol. The last halving, the price dropped.
The next halving also means even less rewards distributed to farmers regularly in relation to the massive prefarm.
as long as netspace drops like stone in water, there is very little future for Chia. Even most efficient farmers can’t farm profitably. People get rid of farms, and every price paranoia is used to sell before it reaches the true value 0
This is a very powerful point to ponder. Don’t say that out loud with your mouth full.
lol. Yea, I’m sure CNI reps wouldn’t be haooy
Did the take off failed mid-way?
Yeah, farmer-produced XCH will reach 21 million (prefarm size before they started selling) about 22 years after mainnet was launched.
