no it does not.
there is a lot of misleading information about hashrate and price and since some people are too lazy to do a little bit of research they prefer accepting it as truth.
the fact is price affects hashrate not the other way around. what happens is that for example price goes up then hashrate follows but lazy people see the hashrate rise and think price has gone up after it. but if they bother checking the charts they can see that it was not the case.

hashrate's importance is only for security of the network.

could you show us a couple of videos that were good and removed?
i ask this because i don't really follow any Youtube channels but i occasionally watch some stuff and ever since this news came out i re-visited most of them and they are still there.
so my guess is that they are only purging the garbage such as videos trying to gain views by pretending to do TA for bitcoin or those talking about altcoin prices and try to pump the shitcoins they bag hold,... removing these videos is an excellent decision.

that might have been a bad example since the reverse happened but the point is that the statements you read online doesn't always reflect what people think. in case of $3200 example all the  chatter pointed to a big fear factor and logically price should have fallen. but the reality was that most people were actually buying even though they were telling others not to.

right now things are exactly the same. if you look around most speculators are expecting a drop! they call it end of the year Christmas dump, miner capitulation, plus token scam, ... and their guesses are in range of $5000 and $6000 but as we can see there is no drops happening.

you should remember that "supply" isn't decreasing or being cut. it is in fact constantly increasing. it is the rate of production that is being cut down by 50%.
so the relationship in theory is the relationship between the speed that demand is increasing and the speed that supply is increasing.

if you look at the bigger picture the end result won't look as bad. the bigger picture is where price is $3200 and it goes up to $13800 then comes down to $7xxx.
in other words what we have here is the correction after a 330% rise. and the result is still 125% above the price at the beginning of the year.

and what law says there must be a certain proportion here?
i don't know of any and there is no reason why there should be any.

i wouldn't put too much value in what people say online. most of them are emotional and saying their wishes. i remember when price was $3200 everyone was saying it will drop to $1000 and they were expecting the rise to start in 2020 when halving starts! with that logic we should have never seen the 330% rise this year...

i don't really like or believe in extrapolation because i don't believe in repetition of any kind of cycles so i won't try to justify it.
but i say that if there were any repetition then it should look like what i posted above and it starts from the peek ($20k) not from one of the peeks in 2019 long after the bubble

for future reference you can always use modular arithmetics without needing to go to next block. it would work like this:
- start numbers from zero (as you have already done)
- take the final number (the biggest, which is 84 here) and that would be your mod (lets call it p)
- take the hash of the final block and compute "hash.ToInt mod p"

that way no matter what the number is, the result will always be between 0 and p which is what you wanted. although i am not so sure how 09 was calculated here.

but that chart doesn't make any sense. for starters why is the 2014 correction starting from July 2019 since by then the correction was not only long over but also we have been about 150% above the bottom of the correction!!!
in other words what this charts refers to as "2014 correction" looks to me like the 2015 correction after the first biggest rise which is more like a bear trap that due to some drama got longer.

this is how i would extrapolate 2014 data to today's data.
the first 2 periods (bubble pop and bull traps) happened exactly like 2014 then the next step of reaching bottom and having the accumulation ($150 vs $3200) is exactly the same but it was shorter this time as expected to be shorter and then the recovery which started in 2016 has already started in 2018 when price went out of $3200 and moved towards $13k. then the drop from that is just a correction that is similar to "2016" bear trap.

i am not a stock market trader or follower but as long as i remember there was someone who has been saying the same exact thing and not just that they also predict a global recession! and although it remains a possibility but it is not something these random people can predict.

what does it mean for bitcoin? it is hard to say. we haven't had bitcoin during any recession. bitcoin was created after the last big one and it kind of was created because of it (banks centralized corruption and needing a decentralized currency). so if i had to guess bitcoin should go up big time if a recession occured.

people are confusing smart contracts with fund raising techniques. i am not blaming you, it is how the smart contract platforms such as ethereum have been designed and their survival depends on these pump and dumps.

if you think about it, your business has nothing to do with a "token". how would you distribute any kind of profit to shareholders when the token is being pumped and dumped in a manipulated altcoin market easily by the pumpers? YOU don't control the price!

i don't think banks are there yet actually. they are still in the early stages of denial and resistance against accepting bitcoin and the fact that it is doing what they were doing in a lot better, safer, cheaper way without any limitations.
right now banks are either denying bitcoin is a thing or they are going against it so far as they even close accounts of their customers who use their account to buy bitcoin. in some rare cases that banks show any interest they are showing interest in the technology not bitcoin.

ok, one point i didn't mention was that the chart i posted is not a bitcoin chart, it is from NASDAQ and for AMZN shares aka one of the markets with highest volume nowadays in stocks market.
the spike happened nearly the same as what you posted in bitcoin, a couple of hours to suddenly see a surge.
here is the comical chart of APPL. 3 days of downtrend with a final huge dump and then the big spike literally out of nowhere. and that volume you see is from 12k to 128k!
monthly charts of it aren't any better either. basically price has gone up 10% in December with 3 spikes... instead of "gradual". keep in mind that 10% in stock market is A LOT compared to 10% in bitcoin market.



i am not saying there isn't manipulation, there is and lots of it. specially in altcoin specific exchanges such as Binance. but seeing a sudden spike or a sudden drop doesn't mean there is someone constantly manipulating the market. that's just how the market moves sometimes.

i don't know why you think i was rude. just because i disagreed with you? in any case that was not my intentions.

help me understand one thing better here.
you are saying that whenever we have a sudden move like this chart below that i have included (the big spike at the end) then it is not natural and must be some sort of market manipulation, right?

so in other words you are saying that people should not use bots to trade?
well that is just ridiculous. it is a free market and everyone is allowed to do whatever they want, if it is to use a crappy bot that jumps into buying like this whenever there is a small change then there is nothing wrong with that.

besides you still have no evidence of proving any of that. you are just seeing some price movements and then try to come up with your own guess about the reason why said movement happened.

they have the same value because they are supposed to have the same value, if there were any kind if imbalance then something called arbitrage (what mikeywith explained) would balance it out again.

you choose a pair (alt/btc or alt/usd) based on two main factors:
1. whether the exchange you want to use has the pair and if the conditions are to your liking for example fiat related exchanges have higher fees and will surely include KYC

2. what you have and what you want to increase. usually people have bitcoin and want to make profit on what they have. so they choose alt/btc pairs because when you make a successful trade you can make profit on your "BTC" and increase that. then as bitcoin's price continues going up, you make even more profit compared to if you were using alt/usd and increasing your USD balance.

ps. alt/btc pairs always have higher volume since everyone has bitcoin and wants to make profit so that can be another factor to consider.

instead of focusing on temperature you should focus on another more important factor: electricity.

now if you can come up with an idea that could help you produce electricity with little to no cost then you can use it to both power up your equipment and cool them down.
one idea could be using natural green ways of producing electricity such as using the sun (solar panels) and the wind (wind turbines).

what people refer to mining centralization is simply someone who has put millions of dollars at risk and bought equipment to mine an experimental currency (aka a mining farm) and even then he doesn't even own enough to be close to 10% let alone 51%.
that also means no matter what algorithm bitcoin mining is using, that same person(s) are going to invest millions into mining bitcoin and own a lot of hashrate.
as a result the only thing that changing the algorithm to whatever else does is that it destroys the current ridiculously huge security that bitcoin blockchain has while solving absolutely nothing.

it mostly depends on where you live but the answer is not "always" no. for example a couple of months ago i was pleasantly surprised to see a shop that i didn't even expect was accepting bitcoin. unfortunately i don't carry around any bitcoin with me on my phone or anything so i couldn't pay with bitcoin but it was a good experience.
i even asked about their experience and they said most people only ask about what it is and they had only a couple of payments so far.

it is not possible to say until bitcoin price breaks a major price resistance such as the one at $8k otherwise price going up and down anywhere below $8k is not indication of that much movement.

with that said, i don't think the market is ready for the big rise yet. there may still remain some more time for this accumulation to end.

what you are referring to as "evidence" is just big buys and big sells. and unless you can prove that these buys were fake, wash trade or whatever you don't have a case. for example the 602 BTC sell can easily be someone selling 602 bitcoin and there is absolutely nothing wrong with it. you have no way of proving that this sell never happened. it is their money and they can sell it however they want otherwise it won't be a free market anymore.

with that said, you should try to adjust your strategy and try to avoid trying to make profit from small swings. try a bigger range and a better analysis of the market.

there are always a few who ruin it for everyone.

in case of signature campaigns there have been lots of spammers and a bunch of signature campaigns that didn't care (such as Yobit, or majority of ICO campaigns). the result was a very large amount of spam everywhere you looked.
which is why i can understand why some people would hate everyone who is in a signature campaign specially when some users aren't regular visitors and don't follow the drama these campaigns cause.