I just love the fact that all the bulls said "This time it's different" on twitter...and yet here we are :)
darobsta
⋅
@Sigmaniac77, but,... surely, this time, not the previous times,... but THIS time, it's different?? ;-)
Sigmaniac77
⋅
@darobsta, Yep, this is what I see too (I used a pitchfork to get the identical results). Should be in 2K-3K range but as time goes by that can be a little higher imo.
@Sigmaniac77, Posted this chart on Twitter and had someone respond: "history rhymes but doesn't repeat." Um...sir the saying doesn't go "History rhymes itself"
moviestar
⋅
also, what about the thought that BTC mining companies have an interest not to let BTC dip below a certain price?
Sawcruhteez
⋅
@moviestar, I think that is all reverse FUD. Gold, silver, oil and gas companies have all 'mined' at a loss for decades.