Where was this optimism in jan 2017 when eth was 6 $ and btc ~ 600-1k ?
I was expanding my mining at that time.
As I believed it was under priced.
I have gone with many cycles of expansion and contraction. With some consolidation periods.
Right now Eth is not on my radar.
I am focused on BTC and LTC with some grin to LTC conversion.
Some Raven Hodl
Some BCI staked
Some Doge Hodl.
If you think of 20000 k for btc in dec of 2017 as the max
Diff was 1.4 trill
And the s-9 did 100 watts a th
now diff is 7.4 trill
and the s-17 does 40 watts a th.
so 20k to 9k is not a true reflection of price.
20k to 42k would mean we are at the hot ness level of dec 2017. I don't see us going to that.
but back to 20k by april of 2020 seems pretty certain. as the ½ ing pressure will be there.