I appreciate the analysis that as hash rate climbs the price climbs.  However if you use BTC as an example there is a TON of hash chasing BTC and the profitability of those miners who mine BTC for the most part is really not very good.  This is why so many people mine the "alt's" and not BTC directly.  

With this much hash rate dumping on X11 even if the price climbs the return/profitability of the miners is going to really stink and by the end of the year, and is probably going to be a pretty grim picture.  I don't mine BTC directly for a reason.  And with this huge dog pile in X11 it looks like there are very good reasons to not mine X11.  Now if you were one of the lucky ones to get a DM11G in the first batches or possibly even one of the first batches from Bitmain you may have a shot at getting your ROI in good time frame, but everything after that starts to look like a daily grind to squeeze out any profit.  I say congrats to the guys who bought the first batches and will likely get rewarded for their risk taking.  Everyone else jumping in now are going to be shocked as their calculations for profits crumble.

If you really think Dash is going that high then now is the time to buy a lot of Dash and hold it.

I have Baikal A900 giants and the profitability of those miners has fallen to almost nothing already regardless of the algo that they support.  By next month if things don't change those miners may be lucky to break even after cost at this rate of decline.

It is time for a reality check on the expectations for these miners.    Ask someone who is mining X11 right now what the picture looks like already.