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by aosmith 4590 days ago
It's much closer to 10 BTC right now than 100. I am a miner who liquidates frequently.
1 comments

Doesn't that show your Bias? If you are a miner you have huge amounts of money invested in sha-256 specific ASICs. Perhaps ten of thousands of dollars worth.

Also by inflating the value of btc you hope to gain more money per liquidation.

Most of my hardware is already paid off. My effective cost per BTC has been well below market prices. Sure I have continued revenue to gain, but I'm only in this position because I believe in bitcoin and want to see the world become a better place.