Fourth: Are you suggesting a drop in hashing power too, or not? I don't see that, so far.
Yes the HR is down, how can you not see this?
Hash Rate: 1,363,094,377 GH/s right now
It was ~ 1,550,000 GH/s at halving, had been inching up until halving, held steady for a short while after halving and has recently declined.
That is ~ 12%
yeah, let's get caught up on meaningless information and follow microchanges in the hashrate.
We are not really quibbling about the actual hashrate and its changes, but instead about the significance of such changes that we recognize to exist.
For ease of reference, here's the actual hashrate in the past year.
https://blockchain.info/charts/hash-rateAs we can see, the hashrate has been going up significantly, and we can zoom out, as well to see how exponential such growth has been.
Wake me up if the hashrate goes below 1,000,000 GHs, and even that level may not really be that significant, but at least there is some kind of potential meaningful change if the hashrate starts to go below that point.
You expect to continue to have ongoing exponential growth in the hashrate at all times, or otherwise bitcoin is broken?, which seems a bit ridiculous..
Even with a hashrate of 1,000,000 GHs is a very high and well able to secure a BTC market cap of 10x or 100x higher BTC prices.