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Discentered
@discentered
Yeah I see what @cassie is building and she’s putting effort daily The price is dumping due to miners I understand the community being worried Also if u say it’s wrong for them not to worry since they are after the amount they can earn from it. You’re actually wrong, in everything we are here to earn
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Discentered
@discentered
That we are here to earn doesn’t mean we are not long term investors Seeing the price down by -80% should raise concerns Because that is also the amount of loses we’re in I’m convinced that Q will be great but I’m just furious over the downfall of the price Lastly can miners rethink 😪
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@KVP_Macro
@kvp-macro
I think this is the biggest structural issue at the moment, there is no clear visibility of costs of mining… (which tends to be used as a framework for the floor price of a protocol)… have seen everything from 80c to $1… to folks saying some people virtually mnged to mine for free… A big reset is needed here imho
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Discentered
@discentered
Exactly, there should be clearity on the price for mining Because they won’t be dumping if the price isn’t cheap for them
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@KVP_Macro
@kvp-macro
Yep, yep & it overshadows all the great works of the team shipping, upgrades, etc…. because if you mined at 1c or virtually nothing, u r still making a min +6x with the price at 6… also got no clarity on how much tokens are sitting with miners
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