With mining, you touched a nerve, mining is about how much your bill is and how much hash you get for that, miners must follow the price, the price didn't give a damn about my bills 
Thanks for explaining at least, it does make a lot more sense. Is everyone this nervous in the mining industry about the price crashing? It would at least explain the routine capitulations from a fundamental standpoint, but probably this a discussion for a different topic. I'm actually very curious though on the fundamentals behind these capitulations.
I have no interest in hiding my predictions that were inaccurate, [quote extended] especially if they resulted in no losses and was a good short entry none the less, even if not on the time-frame I was looking for (macro/Weekly).
But you just said you...
Didn't predict anything, wasn't claiming to either.
Ok, I'll stop here because it might start to look like I'm really trying to pick on you.
Don't worry it doesn't, it makes you look like either dumb, lazy, simply can't read, and/or continuing to try and slander my analysis (which you're welcome to try and do by the way).
To clarify: I didn't "predict" $3,800, I questioned it with a
I'm posting this not necessarily because I believe it will happen, but for educational purposes
The extrapolated price comes from the "2018 miner capitulation" that caused the price to drop 50%. Will we go back to $3,800? Unlikely, but clearly this is possible if the capitulation is as aggressive as 2018.
The extrapolated price comes from the "2018 miner capitulation" that caused the price to drop 50%. Will we go back to $3,800? Unlikely, but clearly this is possible if the capitulation is as aggressive as 2018.
Just stay out of hashing correlations and we can be friends!
No can do I'm afraid, feel free to pick on me the next time I reference the next miner capitulation, sometime later this year I imagine post-havling.
1. I don't do what people tell me to do (as I don't need to).
2. I will always provide technical analysis for education purposes.
3. I'm not looking for friends, only information, analysis and data, sorry.