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RE: BITCOIN: CONFIRMATION of the NEXT MOVE is about to HAPPEN

in #steemit7 years ago

That's a good point about just being out or avoiding Bitcoin through its crash would make 65% more in current purchasing power.

I agree with all the key factors, any of which could be a driver toward a return in the overall uptrend of crypto. I hadn't thought about keeping the value above the minimum required for miners to profitable. It would be great to know what that number is. What I can add is that I follow closely HIVE.V because I have a sizable investment. They will have installed mining capacity, in terms of electrical power required to operate their mining operations, of 44.2MW. by September. From September, their forward annual revenue will be at $150M at greater than 90% profit. There last earning call they commented that their costs are coming in significantly higher than they planned.

Correlations of 2 years of data is pretty significant. This matched with my Tradestops subscription where Dr. Smith says it takes two years of data to calculate his volatility quotients. He has a new service for cryptos where he was able to get good calculations with only 17 days of crypto price data. No wonder he wants $6,000 per year for this service.

Thanks for the good discussion and I look forward to your continued posts...

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6.000$! WOW! Only for big investors!
What I meant was that the regresion takes time to adjust because there are multiple possible outliers.
Thanks for your support !