The State of Cryptocurrency

R-T-B · Aug 15, 2018

xkm1948 said:
Crypto coints crashing, good riddance. Less waste of energy to mine some useless stuff now

It won't die. If that's your goal this is the wrong metric.

And if it stops megamanxtreme from downvoting me, I'm no longer mining, but I do have holdings. I don't believe mining belongs in future crypto coins anyways. Never have.

Outback Bronze · Aug 15, 2018

R-T-B said:
It won't die

Nope : )

https://99bitcoins.com/obituary-stats/

RealNeil · Aug 15, 2018

I could care less if crypto dies or not. The downturn is great for GPU prices and that's what I like.

moproblems99 · Aug 16, 2018

I figure I am just going to keep mining just to waste energy. HashTagFirstWorldProblems.

R-T-B · Aug 16, 2018

RealNeil said:
I could care less if crypto dies or not. The downturn is great for GPU prices and that's what I like.

I appreciate that your honest about your reasons. Respect.

Durvelle27 · Aug 16, 2018

I don’t think it’s crashing. Prices will be back up in due time. The market always fluctuates

FordGT90Concept · Aug 16, 2018

Markets trend and the trend is still down.

trog100 · Aug 16, 2018

the trend is money is moving out of the other coins and into bitcoin.. the theory is that most of the (way too many) altcoins have to die and this is what is happening..

gpu mining is now dead.. eth is now down on the year bitcoin is still up 50% on the year and seems to be holding its own..

i will likely stop mining but will continue to hold..

gold and silver are also down.. the US dollar is up..

trog

R-T-B · Aug 16, 2018

FordGT90Concept said:
Markets trend and the trend is still down.

Depending on when you source it from. If we go from 2014ish we are still quite a bit up, and yes there were functional markets then.

xkm1948 · Sep 8, 2018

What your coin masters' thoughts on Turing series GPU and potential GPU mining again in the future?

FordGT90Concept · Sep 8, 2018

The price tag should make that obvious. They want close to double the money for something like 35% faster at the best. Quantities are also going to be limited. The only way those cards would be attractive is if the Tensor cores can be used for mining, which I doubt.

It would take nothing short of a new, popular coin (fat chance) or another bubble (doubtful at least in the next several years) to bring GPUs back into mining.

hat · Sep 8, 2018

xkm1948 said:
What your coin masters' thoughts on Turing series GPU and potential GPU mining again in the future?

Not unless the Tensor cores prove extremely useful for mining. Especially considering the high prices, you would have to be out of your mind to buy up Turing cards for mining. Hell, even ROI on cheap second hand cards is pretty abysmal right now.

xkm1948 · Sep 8, 2018

I sincerely hope all these blockchain bubbles stay busted. It is better this way. Good god talking about wasting of energy.

R-T-B · Sep 8, 2018

xkm1948 said:
I sincerely hope all these blockchain bubbles stay busted. It is better this way. Good god talking about wasting of energy.

Doesn't have to be that way. As usual, the first iteration (Various POW coins) has been pretty full of fail though.

dorsetknob · Sep 8, 2018

FordGT90Concept said:
It would take nothing short of a new, popular coin (fat chance) or another bubble (doubtful at least in the next several years) to bring GPUs back into mining.

You missed out on the New Coin

Its Called the NV
You Buy a Nvidia Card and Nvida mine your Wallet for Coins ( and Notes )
Seriously it won't be long before they offer some sort of Service based on Subscription for unlocking Card Functions

hat · Sep 8, 2018

People would (hopefully) be at NV HQ with torches and pitchforks if they ever pulled that...

FordGT90Concept · Sep 8, 2018

They'll be doing this...

...never underestimate the blind ignorance of sheeple.

xkm1948 · Sep 8, 2018

dorsetknob said:
You missed out on the New Coin
Its Called the NV
You Buy a Nvidia Card and Nvida mine your Wallet for Coins ( and Notes )
Seriously it won't be long before they offer some sort of Service based on Subscription for unlocking Card Functions

Honestly it should be APPLE coin. NV sheeple is nothing comparing to the mindless flock of APPLE sheelpe. If Apple comes out with some blockchain coins you bet your ass that is gonna be the "Next Best Thing"

FordGT90Concept · Sep 8, 2018

I can already see it: Apple will shutdown the iCloud mainframes and replace it with a blockchain that all Apple devices are a mandatory part of. iCloud will become a service that's effectively free for Apple to operate and hugely profit off of.

damian246 · Sep 9, 2018

Sounds like a apple plan. So far their plans worked out.

trog100 · Sep 10, 2018

The Current State of Crypto Currency.. not looking that good.. he he

http://www.investmentwatchblog.com/crypto-mania-collapse-update-638-billion-gone/

trog

Crusti · Sep 10, 2018

It's clearly seen that all other coins are following Bitcoin. I haven't seen any altcoin rising while Bitcoin falls. That's why there's almost no chance that any other coin will overtake Bitcoin one day.

R-T-B · Sep 10, 2018

Crusti said:
It's clearly seen that all other coins are following Bitcoin. I haven't seen any altcoin rising while Bitcoin falls. That's why there's almost no chance that any other coin will overtake Bitcoin one day.

When bitcoin dies I won't weep. I do hope sonething better spawns from it though.

theonek · Sep 10, 2018

RealNeil said:
I could care less if crypto dies or not. The downturn is great for GPU prices and that's what I like.

great or not, prices of the new NVidia cards shows a little different story - very overpriced for nothing....

FordGT90Concept · Sep 10, 2018

trog100 said:
The Current State of Crypto Currency.. not looking that good.. he he

http://www.investmentwatchblog.com/crypto-mania-collapse-update-638-billion-gone/

trog

Can't say I didn't tell ya so. :laugh:

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The State of Cryptocurrency

R-T-B

Outback Bronze

Moderator

RealNeil

moproblems99

R-T-B

Durvelle27

Moderator

FordGT90Concept

"I go fast!1!11!1!"

trog100

R-T-B

xkm1948

FordGT90Concept

"I go fast!1!11!1!"

hat

Enthusiast

xkm1948

R-T-B

dorsetknob

"YOUR RMA REQUEST IS CON-REFUSED"

hat

Enthusiast

FordGT90Concept

"I go fast!1!11!1!"

xkm1948

FordGT90Concept

"I go fast!1!11!1!"

damian246

trog100

Crusti

R-T-B

theonek

FordGT90Concept

"I go fast!1!11!1!"

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