Post
Topic
Board Mining (Altcoins)
Re: Number 9! Ninth altcoin thread. Back to the moon Baby!
by
philipma1957
on 18/06/2019, 16:46:28 UTC
Where was this optimism in jan 2017 when eth was 6 $ and btc ~ 600-1k ?

I was expanding my mining at that time.

As I believed it was under priced.

I have gone with many cycles of expansion and contraction. With some consolidation periods.

Right now Eth  is not on my radar.

I am focused on BTC and LTC  with  some grin to LTC conversion. 
Some Raven Hodl
Some BCI staked
Some Doge Hodl.

If you think of 20000 k for btc in dec of 2017 as the max

Diff was 1.4 trill
And the s-9 did 100 watts a th

now diff is  7.4 trill
and the s-17 does 40 watts a th.

so 20k to 9k  is not a true reflection of price.

20k to 42k  would mean we are at the hot ness level of dec 2017.  I don't see us going to that.

but back to 20k  by april of 2020 seems pretty certain.  as the ½ ing pressure will be there.