Quote from: martyroz2 on June 17, 2019, 10:31:09 PM

Quote from: philipma1957 on June 17, 2019, 05:40:08 PM

2017 we crested over 1 trillion.
So do I think we go to 1 trillion maybe by next spring.

I distinctly remember not hitting 1 trill. I recall a high at a touch over 800bn.

I think I saw it on one site.

Remember that would be every coin and they may have had a longer listing of shit coins.

Edit:

I checked so far I found 813 billion as peak.

Even if you are correct. And we,peaked at 800 billion I think we may not get there as I think Btc peaks next spring over 20k but under 30k

Which if we get to 28k means btc total value would be close to 450 billion.

Still pretty good numbers.

This year may be like 2016 was good but not great.
And next year may be short of 2017.

It you value btc back to 2017 at 20 k and we are at 9.3k

Gear is 2x better so coins drop to 4.65k. But diff is edit 9 to 5 fold so 41k btc right now is the same as 20k btc was.

Add in the 1/2 next year and we need to be close to 82k in btc to match dec 2017.

I do not think it happens. Let me check on my 9 fold number as my memory can suck

This is better

We were are 1.4 trill in dec 2017 we are at 7.4 trill now. So devide the 7.4 by a factor of 2 you get 3.7

So a guy with an s17 finds getting a coin 3.7/1.4 = 2.6 times harder then a guy with an s9 did in dec of 2017. Per th of of hash.

So to be equal to the all time high of 20k we need to be at 52 k

In terms of a miner. We are at 9.3 k. Which is why I think we will not reach the heights of profit we were doing in 2017. But I do think we get to 20-30 k before April 2020.