It seems that most bulls here feel 5BTC is fair value - that this would support a stable dividend. The question is what % of the total network hash would AM need to maintain to deserve such a pricing again? Currently it at 4% only, well below its traditional 15%.
I think that's a really good point. And since I don't see a good rebuttal, and that coupled with the fact that Velacreations is now slightly bearish on AM....I'm starting to sell off now.