If the hash rate is high, the miners will be more confident about buying Bitcoin in the market.
you are forcing it! it makes no sense since a miner is already getting paid in bitcoin for the work they do. why would they also buy bitcoin? if they wanted to make a bigger investment they would buy more ASICs and mine more bitcoin.
when during Halving the hash rate declined , some were worried
it was mostly FUD rather than anybody being worried. it happened during last halving too. besides the hashrate drop was not even significant.Quote
Please read before actually putting assumptions since there was no where that I did say that hash rate is an indicator of price.
well when you talk about how this is a good time for investment and then also talk about how this is the time hashrate hit the ATH that seems to be the only logical conclusion.Quote
Since we are having some good news , I do believe this is a good time for our investments. Wouldn't you agree on that ?
definitely. there are all signs of the bull market starting and there is a good momentum which means it is a good time for invetment.although better time was when price was below $10k and everyone else were crying about it and were waiting for dumps to $1k and stupid things like that
