All coin mining reduced bigly.
All coins have retreated in price.
The major difference in 2018
was all hash rate was going up.
and all prices were dropping.
Hold on to your hats 🎩 and watch the show.
I am stacking my btc and selling all other coins I mine at a profit.
we should drop under 17 diff maybe under 16 diff.
watching the diff rise again soon will be the key.
soon is sept 2021
if diff keeps retreating well beyond sept 2021 I would get worried.
That's true... if there is ongoing drops in difficulty that persists for several months - then there could be some causes for concern.. but still not even sure whether ongoing drops until September would necessarily be a problem.. Probably would need to consider the severity of the ongoing drops and the purported reasons for the ongoing drops... it there were to be a kind of hoarding of hashpower in order to be able to "attack" the network then that would be an interesting situation, but seems that we would need to see some evidence of that actually occurring rather than proclaiming fears without actual evidence and/or in a vacuum.
50% of ATH is $32400, looks like dips below that level are very short-lived.
Technically:
$64,895/2 = $32,447.50
Technically, speaking... but who's counting?
the morning wall report
You suck Toxic...
Just saying.
Oh and congrats on the anticipation of an actual wedding thingie. Don't tell anyone that I actually like you.I dont think 30k will hold. We need one more deep shake out. We were here before and the interest was not much. We need a price to convince the people with money to get in. I hope so much that I am wrong. But gut and experience wise I think 23-24k is a painful level where the market could turn. I dont think we see sub 20k ever again.
Agree that 30K will maybe not hold, as we didn't see any real bounce or conviction since this (local ?) bottom.
You guys are coming off as ill-convicted.
We need bargain boyz... they will be convicted, even if the come with duffus.
So if you want bargain boyz, you also get a duffus, too.
But at the end 30k or 24k.. from my side, can be almost the same.
Sure. It's almost the same for all intents and purposes.
What's the BIG diff?
$6k seems hardly like nuttin from this angle.. except if you were to get $24k, there might not be feelings of "enough"... so we won't know if there would be a "BIG diff" until we try out $24k, first. Not sure if it would be a good idea to wish for that, beyond merely attempting to roll with the punches in the sense of: "if it happens, it happens."
We would be still above the previous 2017 ATH so.. if we need to see a really painful / capitulation level, we should visit 20K again or even bit less..
I cannot believe at this scenario for now, but who knows. For now 30K level makes his job, even if there is no fuel to go up.
Stay positive. We will be higher this year.
I imagine that you are referring to the calendar year, so I sure hopening that we will be higher this year...
Stawp being so damned bullish gallianooo. You are causing me to speculate that you might have bumped your head.... Shake it off!!!!! Shake it off!!!!!
have to break up chart buddy
I knew that you had an actual purpose in this thread... I just could not put my finger on it for a while.