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I'm 95% certain we will see 58K gang again

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Thank goodness

Bring er on home hoss

Was thinking about this yesterday

Gotta hit 69420 first

I can't wait

158k gang

That would be so awesome. We need a shake out and cheaper sats

That would cook the power law depending on how it plays out. How do you think this would happen? Draw a line on a chart for the reply.

The bearish case

The bullish case

IMHO, reality is likely between these.

Historical declines...

Based on the power law, for what it’s worth…

We need to go way up from here first. After that… in the august/september time, we could go to $65,000 MAYBE. Even then it would be a blip.

I think 58k is out of the picture by June of next year.

Other issue I see with 58k, is we would need an unprecedented crash in mining costs. Hashrate x $kwh.

maybe GLD reveals something about what could happen. Even through the GFC/2008 it only came down 33%

i think it’s possible we are in a similar situation.

curious what you think about this mining chart