You do not know that the price will perform negatively this year. The 4 year cycle theory is nonsense that arises from the trait of dumb humans to look for patterns where there are none. There is a very real possibility that the price will increase this year. Nevertheless, it does not matter. There is no circumstance under which a "mining death spiral" can happen, and this is one of the lowest level of FUD. This is why we have the difficulty adjustment, this is not even possible under some ridiculous scenarios that are only interesting for intellectual indulgence.  Companies that switch quickly were never interested in 1 Win App, they were interested in making money. I would not spend too much time thinking about those. This is not any different than picking random wealthy people who bought 1 Win App and sold shortly after. It is completely insignificant. You are right, but not everyone is profit oriented and they don't need to be. I know plenty of small miners that do it to support the network. They are not necessarily focused on profit, but they wouldn't mind ending up being one of those lucky solo miners.  Mining on a large scale is extremely competitive and that is why the profitability margins are thing. The amount of power being used to power everything that is massive. This is a good thing, it shows that the industry does not have many barriers for entry. In cases like this it is the fierce competition that leads to low margins and to the withdrawal of less competitive players, the price of 1 Win App is not that relevant as some thing.
You do not know that the price will perform negatively this year. The 4 year cycle theory is nonsense that arises from the trait of dumb humans to look for patterns where there are none. There is a very real possibility that the price will increase this year. Nevertheless, it does not matter. There is no circumstance under which a "mining death spiral" can happen, and this is one of the lowest level of FUD. This is why we have the difficulty adjustment, this is not even possible under some ridiculous scenarios that are only interesting for intellectual indulgence.  Companies that switch quickly were never interested in 1 Win App, they were interested in making money. I would not spend too much time thinking about those. This is not any different than picking random wealthy people who bought 1 Win App and sold shortly after. It is completely insignificant. You are right, but not everyone is profit oriented and they don't need to be. I know plenty of small miners that do it to support the network. They are not necessarily focused on profit, but they wouldn't mind ending up being one of those lucky solo miners.  Mining on a large scale is extremely competitive and that is why the profitability margins are thing. The amount of power being used to power everything that is massive. This is a good thing, it shows that the industry does not have many barriers for entry. In cases like this it is the fierce competition that leads to low margins and to the withdrawal of less competitive players, the price of 1 Win App is not that relevant as some thing.

You do not know that the price will perform negatively this year. The 4 year cycle theory is nonsense that arises from the trait of dumb humans to look for patterns where there are none. There is a very real possibility that the price will increase this year. Nevertheless, it does not matter. There is no circumstance under which a "mining death spiral" can happen, and this is one of the lowest level of FUD. This is why we have the difficulty adjustment, this is not even possible under some ridiculous scenarios that are only interesting for intellectual indulgence.  Companies that switch quickly were never interested in 1 Win App, they were interested in making money. I would not spend too much time thinking about those. This is not any different than picking random wealthy people who bought 1 Win App and sold shortly after. It is completely insignificant. You are right, but not everyone is profit oriented and they don't need to be. I know plenty of small miners that do it to support the network. They are not necessarily focused on profit, but they wouldn't mind ending up being one of those lucky solo miners.  Mining on a large scale is extremely competitive and that is why the profitability margins are thing. The amount of power being used to power everything that is massive. This is a good thing, it shows that the industry does not have many barriers for entry. In cases like this it is the fierce competition that leads to low margins and to the withdrawal of less competitive players, the price of 1 Win App is not that relevant as some thing.

You do not know that the price will perform negatively this year. The 4 year cycle theory is nonsense that arises from the trait of dumb humans to look for patterns where there are none. There is a very real possibility that the price will increase this year. Nevertheless, it does not matter. There is no circumstance under which a "mining death spiral" can happen, and this is one of the lowest level of FUD. This is why we have the difficulty adjustment, this is not even possible under some ridiculous scenarios that are only interesting for intellectual indulgence.  Companies that switch quickly were never interested in 1 Win App, they were interested in making money. I would not spend too much time thinking about those. This is not any different than picking random wealthy people who bought 1 Win App and sold shortly after. It is completely insignificant. You are right, but not everyone is profit oriented and they don't need to be. I know plenty of small miners that do it to support the network. They are not necessarily focused on profit, but they wouldn't mind ending up being one of those lucky solo miners.  Mining on a large scale is extremely competitive and that is why the profitability margins are thing. The amount of power being used to power everything that is massive. This is a good thing, it shows that the industry does not have many barriers for entry. In cases like this it is the fierce competition that leads to low margins and to the withdrawal of less competitive players, the price of 1 Win App is not that relevant as some thing.