• Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

Bitcoin price suddenly surges to 3-year high

Status
Not open for further replies.
Joined
Mar 10, 2015
Messages
3,984 (1.20/day)
System Name Wut?
Processor 3900X
Motherboard ASRock Taichi X570
Cooling Water
Memory 32GB GSkill CL16 3600mhz
Video Card(s) Vega 56
Storage 2 x AData XPG 8200 Pro 1TB
Display(s) 3440 x 1440
Case Thermaltake Tower 900
Power Supply Seasonic Prime Ultra Platinum
Have you ever see the stars at the top of a mountain top with clouds covering up everything below you? Camped there? If not, then you are blind. Welcome to Plato's class, Allegory of the Cave lecture 101. Yawnfest 2021 I still have to explain this to Epicureans.
So are you saying that only you can see the way?
 

64K

Joined
Mar 13, 2014
Messages
6,104 (1.66/day)
Processor i7 7700k
Motherboard MSI Z270 SLI Plus
Cooling CM Hyper 212 EVO
Memory 2 x 8 GB Corsair Vengeance
Video Card(s) MSI RTX 2070 Super
Storage Samsung 850 EVO 250 GB and WD Black 4TB
Display(s) Dell 27 inch 1440p 144 Hz
Case Corsair Obsidian 750D Airflow Edition
Audio Device(s) Onboard
Power Supply EVGA SuperNova 850 W Gold
Mouse Logitech G502
Keyboard Logitech G105
Software Windows 10
I never said that actually. I said excess is unnecessary, but it would have been nice to pay off a house and car in cash. (the car being a cheaper one and the house also a reasonable one, like 150 grand house in the Midwest is equivalent to a 500 grand one in California), so I'd opt for the 150 grand one, and retire early. etc.

I didn't try my luck at crypto-currency for the same reason that I have never bought individual stocks. I'm wrong more often than not and that is normal. I did invest in Mutual Funds but that's much less of a gamble. I also put money in CDs. I also paid into a pension plan. I took an early retirement last year at the age of 57 and I will live comfortably for the rest of my life barring the economy doesn't go to hell. Basically what I'm saying is that you can take early retirement without gambling in markets.
 
Joined
Mar 10, 2015
Messages
3,984 (1.20/day)
System Name Wut?
Processor 3900X
Motherboard ASRock Taichi X570
Cooling Water
Memory 32GB GSkill CL16 3600mhz
Video Card(s) Vega 56
Storage 2 x AData XPG 8200 Pro 1TB
Display(s) 3440 x 1440
Case Thermaltake Tower 900
Power Supply Seasonic Prime Ultra Platinum
I didn't try my luck at crypto-currency for the same reason that I have never bought individual stocks. I'm wrong more often than not and that is normal. I did invest in Mutual Funds but that's much less of a gamble. I also put money in CDs. I also paid into a pension plan. I took an early retirement last year at the age of 57 and I will live comfortably for the rest of my life barring the economy doesn't go to hell. Basically what I'm saying is that you can take early retirement without gambling in markets.
Sometimes it is just for the lulz.
No, but Plato, Aristotle, and many other philosophers can. They didn't just make it up randomly one day for fun. LOL
I have read enough of your posts to know that what you are implying is contradictory to what you believe.

Also, for what it's worth. I am currently reading Homer, though not in Greek.
 

Space Lynx

Astronaut
Joined
Oct 17, 2014
Messages
15,800 (4.58/day)
Location
Kepler-186f
I have read enough of your posts to know that what you are implying is contradictory to what you believe.

Also, for what it's worth. I am currently reading Homer, though not in Greek.

More so you are just not understanding, Aristotle, and many others I refer to also say good amount of wealth is healthy in fact. I never said it wasn't. I simply said the fixation addiction to wealth seems to be a common occurrence, and once hooked, similar to a drug one can not break from. I only said to @ZenZimZaliben and @trog100 if you have reached enough wealth with crypto to increase your happiness tenfold long-term and short term, then pull out now and enjoy the fruits of your investment.

I simply meant timing is important with risky assets. For Trog, it's not a risky asset, just fun for him. For Zen I don't know, just was giving him my two cents. All I meant was that if I had invested in Crypto, I would hope I would not become addicted to it, and would cash out, buy a house in cash, retire early, secure my future. If fiat fails and crypto fails, at least your house is yours. /shrug

That being said I don't care what any of you do with your money, I was simply stating how the philosophers of old would most likely view it.
 
Joined
Mar 4, 2005
Messages
3,612 (0.52/day)
System Name TheReactor / HTPC
Processor AMD 7800x3d 5050Mhz / Intel 10700kf (5.1ghz All Core)
Motherboard ASrock x670e Taichi / ROG Strix z490-e gaming
Cooling HeatKiller VI CPU/GPU Block -2xBlackIce GTX 360 Radiators - Swiftech MCP655 Pump
Memory 32GB G.Skill 6000Mhz DDR5 / 32GB G.Skill 3400Mhz DDR4
Video Card(s) Nvidia 3090ti / Nvidia 2080ti
Storage Crucial T700 2TB Gen 5 / Samsung Evo 2Tb
Display(s) Acer Predator xb271hu - 2560x1440 @144hz
Case Corsiar 550
Audio Device(s) on board
Power Supply Antec Quattro 1000W
Mouse Logitech G502
Keyboard Corsair Gaming k70
Software Windows 10 Pro 64bit
Never gamble what you can't afford to lose. I also don't want my money sitting in a bank not working for me or worse losing value as it sits, since interest can't even offset inflation.

Philosophers of old would be YOLO'ing it on Crypto. ;)
 

Space Lynx

Astronaut
Joined
Oct 17, 2014
Messages
15,800 (4.58/day)
Location
Kepler-186f
to the moon boys!


Hopefully this is only the beginning.

Never gamble what you can't afford to lose. I also don't want my money sitting in a bank not working for me or worse losing value as it sits, since interest can't even offset inflation.

Philosophers of old would be YOLO'ing it on Crypto. ;)

Doubtful, Plato had inherited wealth I believe, and didn't really have to worry about investing, or working, etc. Inherited wealth + wanting very little material things allows for many freedoms.
 
Joined
Mar 4, 2005
Messages
3,612 (0.52/day)
System Name TheReactor / HTPC
Processor AMD 7800x3d 5050Mhz / Intel 10700kf (5.1ghz All Core)
Motherboard ASrock x670e Taichi / ROG Strix z490-e gaming
Cooling HeatKiller VI CPU/GPU Block -2xBlackIce GTX 360 Radiators - Swiftech MCP655 Pump
Memory 32GB G.Skill 6000Mhz DDR5 / 32GB G.Skill 3400Mhz DDR4
Video Card(s) Nvidia 3090ti / Nvidia 2080ti
Storage Crucial T700 2TB Gen 5 / Samsung Evo 2Tb
Display(s) Acer Predator xb271hu - 2560x1440 @144hz
Case Corsiar 550
Audio Device(s) on board
Power Supply Antec Quattro 1000W
Mouse Logitech G502
Keyboard Corsair Gaming k70
Software Windows 10 Pro 64bit
Typical rich guy. No real world skills, inherted wealth, becomes a philospher and tells the poor how to live a meaningful life that he never had to live. /s
 

Space Lynx

Astronaut
Joined
Oct 17, 2014
Messages
15,800 (4.58/day)
Location
Kepler-186f
Typical rich guy. No real world skills, inherted wealth, becomes a philospher and tells the poor how to live a meaningful life that he never had to live. /s

He never advised the poor. Do you know nothing of Plato? He only cared about the Forms, which have nothing to do with the realm of men. Only one with a lot of spare time on their hands can contemplate such things. Please try to know some basics before commenting.
 
Joined
Mar 4, 2005
Messages
3,612 (0.52/day)
System Name TheReactor / HTPC
Processor AMD 7800x3d 5050Mhz / Intel 10700kf (5.1ghz All Core)
Motherboard ASrock x670e Taichi / ROG Strix z490-e gaming
Cooling HeatKiller VI CPU/GPU Block -2xBlackIce GTX 360 Radiators - Swiftech MCP655 Pump
Memory 32GB G.Skill 6000Mhz DDR5 / 32GB G.Skill 3400Mhz DDR4
Video Card(s) Nvidia 3090ti / Nvidia 2080ti
Storage Crucial T700 2TB Gen 5 / Samsung Evo 2Tb
Display(s) Acer Predator xb271hu - 2560x1440 @144hz
Case Corsiar 550
Audio Device(s) on board
Power Supply Antec Quattro 1000W
Mouse Logitech G502
Keyboard Corsair Gaming k70
Software Windows 10 Pro 64bit
It was joke man...see the /s (that means sarcasm).
 
Joined
Mar 10, 2015
Messages
3,984 (1.20/day)
System Name Wut?
Processor 3900X
Motherboard ASRock Taichi X570
Cooling Water
Memory 32GB GSkill CL16 3600mhz
Video Card(s) Vega 56
Storage 2 x AData XPG 8200 Pro 1TB
Display(s) 3440 x 1440
Case Thermaltake Tower 900
Power Supply Seasonic Prime Ultra Platinum
He never advised the poor. Do you know nothing of Plato? He only cared about the Forms, which have nothing to do with the realm of men. Only one with a lot of spare time on their hands can contemplate such things. Please try to know some basics before commenting.
That would be applicable if this wasn't a crypto thread you keep coming in and moaning about regrets and philosophy you don't even live by.
 

Space Lynx

Astronaut
Joined
Oct 17, 2014
Messages
15,800 (4.58/day)
Location
Kepler-186f
That would be applicable if this wasn't a crypto thread you keep coming in and moaning about regrets and philosophy you don't even live by.

Incorrect, I was not the one who kept this conversation going, in fact, I was done with it before you prompted me with a question several posts above. I have a right to rebuttal if you have a right to off-topic questioning. Sorry, that's how basic logic works.
 
Joined
Mar 4, 2005
Messages
3,612 (0.52/day)
System Name TheReactor / HTPC
Processor AMD 7800x3d 5050Mhz / Intel 10700kf (5.1ghz All Core)
Motherboard ASrock x670e Taichi / ROG Strix z490-e gaming
Cooling HeatKiller VI CPU/GPU Block -2xBlackIce GTX 360 Radiators - Swiftech MCP655 Pump
Memory 32GB G.Skill 6000Mhz DDR5 / 32GB G.Skill 3400Mhz DDR4
Video Card(s) Nvidia 3090ti / Nvidia 2080ti
Storage Crucial T700 2TB Gen 5 / Samsung Evo 2Tb
Display(s) Acer Predator xb271hu - 2560x1440 @144hz
Case Corsiar 550
Audio Device(s) on board
Power Supply Antec Quattro 1000W
Mouse Logitech G502
Keyboard Corsair Gaming k70
Software Windows 10 Pro 64bit
ETC @ $130. Nice! ETH going to be $4k in a few weeks. LOL.
 
Joined
Mar 10, 2015
Messages
3,984 (1.20/day)
System Name Wut?
Processor 3900X
Motherboard ASRock Taichi X570
Cooling Water
Memory 32GB GSkill CL16 3600mhz
Video Card(s) Vega 56
Storage 2 x AData XPG 8200 Pro 1TB
Display(s) 3440 x 1440
Case Thermaltake Tower 900
Power Supply Seasonic Prime Ultra Platinum
Joined
Dec 18, 2005
Messages
8,253 (1.24/day)
System Name money pit..
Processor Intel 9900K 4.8 at 1.152 core voltage minus 0.120 offset
Motherboard Asus rog Strix Z370-F Gaming
Cooling Dark Rock TF air cooler.. Stock vga air coolers with case side fans to help cooling..
Memory 32 gb corsair vengeance 3200
Video Card(s) Palit Gaming Pro OC 2080TI
Storage 150 nvme boot drive partition.. 1T Sandisk sata.. 1T Transend sata.. 1T 970 evo nvme m 2..
Display(s) 27" Asus PG279Q ROG Swift 165Hrz Nvidia G-Sync, IPS.. 2560x1440..
Case Gigabyte mid-tower.. cheap and nothing special..
Audio Device(s) onboard sounds with stereo amp..
Power Supply EVGA 850 watt..
Mouse Logitech G700s
Keyboard Logitech K270
Software Win 10 pro..
Benchmark Scores Firestike 29500.. timepsy 14000..
ETC @ $130. Nice! ETH going to be $4k in a few weeks. LOL.

i just heard someone saying eth could be at 8K by the beginning of july.. that would be nice.. :)

trog
 
Joined
Mar 10, 2015
Messages
3,984 (1.20/day)
System Name Wut?
Processor 3900X
Motherboard ASRock Taichi X570
Cooling Water
Memory 32GB GSkill CL16 3600mhz
Video Card(s) Vega 56
Storage 2 x AData XPG 8200 Pro 1TB
Display(s) 3440 x 1440
Case Thermaltake Tower 900
Power Supply Seasonic Prime Ultra Platinum
i just heard someone saying eth could be at 8K by the beginning of july.. that would be nice.. :)

trog
10k is probably my sell point for eth.
 
Joined
Jul 24, 2009
Messages
1,002 (0.19/day)
Maybe Im going to be surprised, but I will be surprised if ETH exceeds 0.11 of BTC value.

So lets see if I will be or not.
 

64K

Joined
Mar 13, 2014
Messages
6,104 (1.66/day)
Processor i7 7700k
Motherboard MSI Z270 SLI Plus
Cooling CM Hyper 212 EVO
Memory 2 x 8 GB Corsair Vengeance
Video Card(s) MSI RTX 2070 Super
Storage Samsung 850 EVO 250 GB and WD Black 4TB
Display(s) Dell 27 inch 1440p 144 Hz
Case Corsair Obsidian 750D Airflow Edition
Audio Device(s) Onboard
Power Supply EVGA SuperNova 850 W Gold
Mouse Logitech G502
Keyboard Logitech G105
Software Windows 10
There are some pretty wild speculations out there about Ethereum. Financial Analysts are getting involved. One says that Ethereum could go as high as $70,000 by 2025
 
Joined
Jul 24, 2009
Messages
1,002 (0.19/day)
There are some pretty wild speculations out there about Ethereum. Financial Analysts are getting involved. One says that Ethereum could go as high as $10,000 by 2025
Yea and some guy promised he will eat his socks or something if BTC wont get to 100k till whatever was that year. And obviously it didnt. Unsure about socks.

Anyone can make speculations.

Thing is. Crypto aint regulated. So crypto will go up and then it will go down. Its not stocks, it doesnt have brakes.

Can ETH get to 10k? Sure. Probably some time after BTC gets to that 100k. When? Nobody can tell. Will it ever? Cant tell either.

In some sense I like this deep uncertainty about crypto. Usually not in moments when Im down 50%. :D
 

phill

Moderator
Staff member
Joined
Jun 8, 2011
Messages
15,861 (3.39/day)
Location
Somerset, UK
System Name Not so complete or overkill - There are others!! Just no room to put! :D
Processor Ryzen Threadripper 3970X
Motherboard Asus Zenith 2 Extreme Alpha
Cooling Lots!! Dual GTX 560 rads with D5 pumps for each rad. One rad for each component
Memory Viper Steel 4 x 16GB DDR4 3600MHz not sure on the timings... Probably still at 2667!! :(
Video Card(s) Asus Strix 3090 with front and rear active full cover water blocks
Storage I'm bound to forget something here - 250GB OS, 2 x 1TB NVME, 2 x 1TB SSD, 4TB SSD, 2 x 8TB HD etc...
Display(s) 3 x Dell 27" S2721DGFA @ 7680 x 1440P @ 144Hz or 165Hz - working on it!!
Case The big Thermaltake that looks like a Case Mods
Audio Device(s) Onboard
Power Supply EVGA 1600W T2
Mouse Corsair thingy
Keyboard Razer something or other....
VR HMD No headset yet
Software Windows 11 OS... Not a fan!!
Benchmark Scores I've actually never benched it!! Too busy with WCG and FAH and not gaming! :( :( Not OC'd it!! :(
I can't see Crypto going anywhere to be honest, its just become too big...

I mean there's some lovely gains with it at the moment don't get me wrong but still... It is only Crypto after all guys.... :) Easy come, easy go!! :D
 
Joined
Aug 20, 2007
Messages
20,714 (3.41/day)
System Name Pioneer
Processor Ryzen R9 7950X
Motherboard GIGABYTE Aorus Elite X670 AX
Cooling Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory 64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30
Video Card(s) XFX RX 7900 XTX Speedster Merc 310
Storage 2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs
Display(s) 55" LG 55" B9 OLED 4K Display
Case Thermaltake Core X31
Audio Device(s) TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED
Power Supply FSP Hydro Ti Pro 850W
Mouse Logitech G305 Lightspeed Wireless
Keyboard WASD Code v3 with Cherry Green keyswitches
Software Windows 11 Enterprise (legit), Gentoo Linux x64
It is only Crypto after all guys.... :) Easy come, easy go!!
I used to think like this. I sold whatever I got when I mined it.

If I'd held, I'd be a literal multi-millionaire today.

There are two sides to that coin.

Today, I'm holding my ether. If it all goes down with the ship, tough cookies, it didn't cost me much. Plus I like Ethereums exit strat from being a PoW based coin.

Hopefully this is only the beginning.
Nah it's just New York being New York. Crypto trading there has been so expensive it might as well be illegal since 2016ish. It's just how that state thinks. Several exchanges won't even let New York based IPs visit.

It's not exactly a hot mining state anyways.
 
Last edited:

phill

Moderator
Staff member
Joined
Jun 8, 2011
Messages
15,861 (3.39/day)
Location
Somerset, UK
System Name Not so complete or overkill - There are others!! Just no room to put! :D
Processor Ryzen Threadripper 3970X
Motherboard Asus Zenith 2 Extreme Alpha
Cooling Lots!! Dual GTX 560 rads with D5 pumps for each rad. One rad for each component
Memory Viper Steel 4 x 16GB DDR4 3600MHz not sure on the timings... Probably still at 2667!! :(
Video Card(s) Asus Strix 3090 with front and rear active full cover water blocks
Storage I'm bound to forget something here - 250GB OS, 2 x 1TB NVME, 2 x 1TB SSD, 4TB SSD, 2 x 8TB HD etc...
Display(s) 3 x Dell 27" S2721DGFA @ 7680 x 1440P @ 144Hz or 165Hz - working on it!!
Case The big Thermaltake that looks like a Case Mods
Audio Device(s) Onboard
Power Supply EVGA 1600W T2
Mouse Corsair thingy
Keyboard Razer something or other....
VR HMD No headset yet
Software Windows 11 OS... Not a fan!!
Benchmark Scores I've actually never benched it!! Too busy with WCG and FAH and not gaming! :( :( Not OC'd it!! :(
I used to think like this. I sold whatever I got when I mined it.

If I'd held, I'd be a literal multi-millionaire today.

There are two sides to that coin.

Today, I'm holding my ether. If it all goes down with the ship, tough cookies, it didn't cost me much. Plus I like Ethereums exit strat from being a PoW based coin.


Nah it's just New York being New York. Crypto trading there has been so expensive it might as well be illegal since 2016ish. It's just how that state thinks. Several exchanges won't even let New York based IPs visit.

It's not exactly a hot mining state anyways.
There's always a what if I'd done this rather than that and so on, but we live by our choices and we go from there...

I'm in the same boat with it as we should have held on to things rather than sold them, you live for the moment at times not 5 years down the road.. At the end of the day, we just hold now! :)
 
Joined
Dec 18, 2005
Messages
8,253 (1.24/day)
System Name money pit..
Processor Intel 9900K 4.8 at 1.152 core voltage minus 0.120 offset
Motherboard Asus rog Strix Z370-F Gaming
Cooling Dark Rock TF air cooler.. Stock vga air coolers with case side fans to help cooling..
Memory 32 gb corsair vengeance 3200
Video Card(s) Palit Gaming Pro OC 2080TI
Storage 150 nvme boot drive partition.. 1T Sandisk sata.. 1T Transend sata.. 1T 970 evo nvme m 2..
Display(s) 27" Asus PG279Q ROG Swift 165Hrz Nvidia G-Sync, IPS.. 2560x1440..
Case Gigabyte mid-tower.. cheap and nothing special..
Audio Device(s) onboard sounds with stereo amp..
Power Supply EVGA 850 watt..
Mouse Logitech G700s
Keyboard Logitech K270
Software Win 10 pro..
Benchmark Scores Firestike 29500.. timepsy 14000..
There's always a what if I'd done this rather than that and so on, but we live by our choices and we go from there...

I'm in the same boat with it as we should have held on to things rather than sold them, you live for the moment at times not 5 years down the road.. At the end of the day, we just hold now! :)

i did hold i never sold i just forgot about the whole thing.. until i read this thread early in the year.. he he

to me selling an asset that keeps going up would be like eating the goose that lays the golden eggs and its interesting watching the numbers go up.. long term i am pretty sure they will..

as for stock market having brakes.. nah that was before governments started going mad with the money printing machines.. currently they are an over inflated bubble waiting for a pin.. :)

trog
 
Last edited:

phill

Moderator
Staff member
Joined
Jun 8, 2011
Messages
15,861 (3.39/day)
Location
Somerset, UK
System Name Not so complete or overkill - There are others!! Just no room to put! :D
Processor Ryzen Threadripper 3970X
Motherboard Asus Zenith 2 Extreme Alpha
Cooling Lots!! Dual GTX 560 rads with D5 pumps for each rad. One rad for each component
Memory Viper Steel 4 x 16GB DDR4 3600MHz not sure on the timings... Probably still at 2667!! :(
Video Card(s) Asus Strix 3090 with front and rear active full cover water blocks
Storage I'm bound to forget something here - 250GB OS, 2 x 1TB NVME, 2 x 1TB SSD, 4TB SSD, 2 x 8TB HD etc...
Display(s) 3 x Dell 27" S2721DGFA @ 7680 x 1440P @ 144Hz or 165Hz - working on it!!
Case The big Thermaltake that looks like a Case Mods
Audio Device(s) Onboard
Power Supply EVGA 1600W T2
Mouse Corsair thingy
Keyboard Razer something or other....
VR HMD No headset yet
Software Windows 11 OS... Not a fan!!
Benchmark Scores I've actually never benched it!! Too busy with WCG and FAH and not gaming! :( :( Not OC'd it!! :(
i did hold i never sold i just forgot about the whole thing.. until i read this thread early in the year.. he he

to me selling an asset that keeps going up would be like eating the goose that lays the golden eggs and its interesting watching the numbers go up.. long term i am pretty sure they will..

as for stock market having brakes.. nah that was before governments started going mad with the money printing machines.. currently they are an over inflated bubble waiting for a pin.. :)

trog
I'm very sure sir you have a fair bit behind you know which is amazing as unless everything goes completely Pete Tong, it'll be a lovely little nest egg :)
 
Joined
Dec 18, 2005
Messages
8,253 (1.24/day)
System Name money pit..
Processor Intel 9900K 4.8 at 1.152 core voltage minus 0.120 offset
Motherboard Asus rog Strix Z370-F Gaming
Cooling Dark Rock TF air cooler.. Stock vga air coolers with case side fans to help cooling..
Memory 32 gb corsair vengeance 3200
Video Card(s) Palit Gaming Pro OC 2080TI
Storage 150 nvme boot drive partition.. 1T Sandisk sata.. 1T Transend sata.. 1T 970 evo nvme m 2..
Display(s) 27" Asus PG279Q ROG Swift 165Hrz Nvidia G-Sync, IPS.. 2560x1440..
Case Gigabyte mid-tower.. cheap and nothing special..
Audio Device(s) onboard sounds with stereo amp..
Power Supply EVGA 850 watt..
Mouse Logitech G700s
Keyboard Logitech K270
Software Win 10 pro..
Benchmark Scores Firestike 29500.. timepsy 14000..
I'm very sure sir you have a fair bit behind you know which is amazing as unless everything goes completely Pete Tong, it'll be a lovely little nest egg :)

the future is all a bit unknown phil but it might make the grand kids rich.. he he

the thing is what i held and didnt sell from 2017 has made me about 50K or so this year..

trog
 
Last edited:
Status
Not open for further replies.
Top