ASICs will cause downward pressure during the transition

[dillpicklechips]

A lot of miners are transitioning to ASICs. Obviously BTC is a very popular method to pay for ASICs and related services. Eventually though along the supply chain all these hardware purchases have to be converted to fiat. This is a LOT of hardware being bought. This will cause a downward pressure until the transition has completed. But BTC still might rise despite these pressures. Thoughts?

[telemaco]

Not very profitable lately

[naphto]

Not very profitable lately

Can't see the picture