RE: RNS7 Oct 2021 13:27
the_Chuz
“ "Im still aiming for my £5-6 top slice figure."
What sort of EH do you think we will need to achieve 5-6£ based on btc at 50k?”
Difficult. Whatever the price of btc, you can guarantee it won’t be $50k. I have no idea what it might be. Taking away the other side of the equation, the SP won’t be based just on EH. Factor in submersion, hosting, pooling, cooking up something innovative with ePic resulting in mining alt coins, with Luxor dynamically switching between most profitable ones, direct investments in startups, massive roi on Pluto Digital when that IPOs. Too many variable and unknowns for me to get my head round, but I’m happier here than I would be in a bog-standard btc mining company.
I wasn’t happy with the IPO price, but I was MORE unhappy that I sleepwalked into it. However, we are where we are. RobinHood investors will flip before long, institutions will keep buying, as Mike’s updates prove, shorts will close and eventually, investors will shift off their small-minded attitudes.
Forget about the missing digit in an RNS. Just read Lottohopes recent excellent post and realise what an opportunity this is. And stop the fiddly trading.