Quote from: franky1 on November 09, 2018, 06:31:37 PM

seems you got the same numbers as me for a 11 month sentiment value.

numbers i got were from the LOW's of the last 11 month where people refused to sell below. which if you look at the UTXO movements of the last 11 months over 70% of utxo's moved while prices were over that amount, meaning the psychology is people were moving coin and thinking of the price of bitcoin atleast $5800 but refusing to sell for less

Would love to talk more about this. UTXO analysis is something I haven't fully drilled down yet.

Quote from: franky1 on November 09, 2018, 06:31:37 PM

and soon new more efficient ASICS are to be launched.. so that may test the $6100. so i am going to see if december (by the time the new asics are online) tests the $6100 or $5800 lines

Wouldn't more efficient miners allow the price to be lower? More hashpower for less $$, plus old miners retiring gear?

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