conspiracy theory

[franky1]

...

So instead of making a profit in 5K$, they could make a profit with 3K$? Also, the 7nm asic developed for Bitmain... is like having two s9 with the same electricity consumption so maybe it's 50% more profitable?

So after the release of the asic to the public, the price went down quickly and it will until 3k$-4k$ as the sending day approach?

ASICS have been created and being tested by SOME pools....
... the public delivery date is late december

its also that the ASIC purchasing gave the sale organisers excess btc

....
now some simple math

having one T15 is like having 2 S9 hashrate. but the electric is different. its 1.6kwh(t15) not 1.3kwh(one s9)
which um if 2 s9=2.6kwh then your saving 1kwh for same hashpower.
theres also other factors like saving space, cabling cooling costs. which help by having less asics that do the same job.
its also worth mentioning boost also helps do the job better too

in short it works out for every 10 S9's you can swap it for about 4 T15's for the same effect

.....
current hashrate puts profitability for those limited pools with access to pre-delivery nextgen asics at above $3.6k+
for a small amount of mining. emphasis small amount(the whole network is not T15 mining)

VERY bottom line costs IF mining (T15 asics) is taking the hashrate in exa (eg 40) and multiply it by 89 to get cost of mining BOTTOMLINE(based on a 5cent electric.. (farms get it cheaper but farms also have labour and facilities leasing so it evens out to 5 cents))
but remember
there are still S9's running bought at the $450 per unit which is a 111 multiple of hashrate to calculate their bottomline costs.
there are still S9's running bought at the $850 per unit which is a 154 multiple of hashrate to calculate their bottomline costs.
and yea there a few S9's that didnt give up that didnt sell up. that bought asics even more expensive. but hey

so the value support lines range is $3600-$6100 at 40exa hashrate

personally i was hoping for hashrate to have moved over 65exa last month-this month.. but seems they didnt want to shoot themselves in the foot this time causing a hashrate spike and temporary price drama upwards
 
meaning the bottomline even with new T15's would still be above the $5800 12 month support from november 2017-november 2018 IF the hashrate was 65exa+

[bkbirge]

Conspiracy theories are fun and perhaps even have some grain of truth to it but a true conspiracy would require collusion and bankers, vc'ers, the uber rich etc are all too selfish to ever cooperate at the level needed. What you are seeing are the unintended consequences of big money moving at their own self interest. In effect it seems like a conspiracy but it is just big players being greedy and using their unique positions of monetary power to rake in more for themselves.

[Upgrade00]

There are so many conflicting reports around the current price drop being thrown around about grandiose conspiracy theory which has been crafted for years and why Bitcoin is completely controlled by a small group of people who can tank the price a my will.
The aim I believe is to create fud and panic and further nulify the decentralization quality of bitcoin in the eye of the public.
Do not succumb to panic but do your own research with available news and data.

[Linkkoin]

governments want control over everything and are furious individuals are making tax free money.

In many countries income from cryptocurrency trading is already subject to taxation. Soon most of them will either outlaw it, or tax it. And this is one of the main authorities (beside money laundering) why authorities impose upon cryptocurrency exchanges obligation to verify a customer.

[gamechangers]

This theory has been on since the inception of bitcoin. There's are lot of people in the community who owns different ideas and strategies. Some are there to make a positive difference while some are critics who are in the community for negative reasons. It is normal for people to create any form of conspiracy. In all these, bitcoin is till thriving.