With the trade i have been watching i see a price about $220 usd before the end of May.
But the BTC price will never be as high as the number of threads on this topic.
But the BTC price will never be as high as the number of threads on this topic.
Mining is a huge sinking cost for btc. Without new infusion of new fiat, it will keep going down.
So the price can never rise? Shucks. Here is silly old me thinking the price is set by the market, directly from supply and demand, not by miners.
How do you explain the price being higher two years ago?