Marginal traders are those that sell big amounts of coins to get 2-4% almost everyday destroying the rest?? yes right? then Fu*k them.
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yes,,, i agree. Stay calm. The more it drops, the more money you´ll lose.
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the only people who consider that an alt bull season is coming are scammers that want other people to buy, increasing prices, so that they can sell theirs at reasonable price.
So if you fall for that, you are stupid cunt.
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yes yes!! buy more!! BTC went down 16,2%. And people continue dumping coins into the market. As well as a lot of new miners in huge farms dumping their coins to pay bills. Continue, continue investing. But then, don't cry when the market goes as bloody as today.
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you are making 9$ per month per Card after electricity (at best), and that's considering you don't have to pay taxes or you evade them.
I guess i will never understand why people do this kind of frikin investments.
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more and more traders are getting serious knowledge of how to win money on this market. And, the better they get, the worst situation will be for long - term holders, since prices will never be high.
So enjoy it. Bears will never allow coins to go up in prices.
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ETH is not in a BullRun. Just STFU. ETH is in consolidation, facing HEAVY HEAVY RESISTENCES IN THE 280$ RANGE. There are no good news about ETH, it's not doing well, smart contracts are as low as always.
this is just pumping and dumping coins. Whales, investors and marginal traders, need the market to be moving. They don't care if it's up or down. They can play in both sides and win money. In fact, Bears are doing much more money than bulls for a simple reason: They use the pumping and afterwards they dump the coin. On the other side, bulls just hold the coin, so they end up losing money.
Please, stop being dumb. Stop manipulating people, stop scamming and stop lying to people. This market is not healthy, it's performing terrible wrong after having lost 92% for highest prices, and huge resistances are on the table right now. The market cannot bounce even if some countries are not saying anything about tax regulation laws.
ETH will not be able to hold 300$ at the end of the year. I can only see 400$ at best and that will happen after summer, and then a big correction to 200$
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NEVER. Not even 20%. Never.
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we are in a pumping and dumping scheme with no reason of price increase but for manipulation.
I still remember those "intelligent" guys telling people to buy because we were going to the moon. how stupid should you be to say those dumb things. Market situation is really bad, with very high resistances at low prices. This shows it all for me.
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regulations are always bad, because it means taxes. So , all the black money circulating, with regulations, cannot be put in crypto, that's why it crashed.
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this is just a bull trap. Pumping and dumping coins with no obvious reason but to make fast money. This is what this is.
Buy now!! the train is leaving!! we are going to the moon!! that's what those scammers were saying. Now, the prices are going to go down, way down. Support is almost broken. We can see 180$ or less in just 2 days. streets are full with blood. Enjoy this enormous crash, and enjoy your rekt.
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The market has been trading almost flat for 24hours. A dump is coming. You've been warned
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there are no good news on crypto. This is not a Bullrun, just a bulltrap. Today, a 7% drop. Traders and whales need pumping and dumping to gain money.
We are going to test much lower prices. i bet we will see that 180$ range for ETH
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No, this is not a correction or a bullrun. Specifically a bullrun is when investors see great news about an asset. Where are the good news about ETH to see this pump? NOWHERE. This is just a bulltrap. Pumping coins and then dumping them to the exchanges once your target price has been achieved.
At the moment, we are testing resistance in the 225$ range, after a 10% drop (14% at a certain moment). if in 24 hours the prices stays flat at the 225$ range, this means there are no buy orders and the price may drop to a price below 180$. There are massive auto-sell orders in the 170-190 $ so expect that if the price gets there, we can go to see the 150$ price.
It's incredible how people are manipulated by this market. ETH hashrate has gone to 160.000Gh/s when just a 2 weeks ago we were at the 142.000gh/s. two weeks ago you had like 20$ profit. Now you have around 40$ profit. Is that a reason to put 16.000gh/s on the network??? absolutely not. But people are dumb AF.
Who in the hell thought that after a 60% increase in a week there would not be dumping on the market??? come on,....are you babies or what???
ohhh BTW, i don't think ETH will get to 500$ this year. I wish i'm wrong.
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300$ is far right now. Traders are dumping for profit right now. Stop loss is at 175-195$ range. So if it goes to that price, expect masive drop.
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The more people come, the more volatility on prices. Noone cares about technology, just about profit. If many people come in search of profit , prices will be pumping and dumping more, which is only positive for marginal traders and traders in general
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prices have been flat for almost 2 days. A 10% dump in incoming.
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The Radeon VII is not the "coolest" card outthere. In fact, AMD is taking to 2020 Navi 20 because the flagship of the company, to compete with 2080ti has problems with thermals and power consumption according to some reports. AMD has problems with thermals even at 7nm.
Why do you think all Radeon VII have a 3 fan config? Because 2 was simply not enough. Even the 2080ti can do ok with 2 fans. Doesn't this tell you anything on thermals with AMD???
And why can't you see models of Radeon VII with MSI, Sapphire, ASUS, Zotac , EVGA, PNY, and others?? Well, because thermals are just a complete pain in the ass.
I understand you. You bought what you thought would be a good deal to mine. In the hottest days, you may probably see 100ºC on the cards unless you go 100% rpm fan at 3.000 rpm which is the loudest shit you will hear from a card.
Solutions:
1º increase manually the fan rpm to near 100%. 2º increase airflow in the room by opening windows. if you have the card inside a case, open one panel so that there is much more airflow 3º if your case has place for fans, install them. If not, it would be a nice idea to buy a new case with very good airflow to keep the card as far as possible from dust. 4º you can also try decreasing core voltage till it crashes, to see the min voltage in which your core is able to work at a given speed. 5º reduce the core clock = reduction in voltage = reduction in heat 6º i don't think you can see 90ºC on an open bench unless you live in hell so.....
Ohhh btw, it's possible to see 100mh/s with Radeon VII , so you still have work to do.
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yes it can. Most traders and analysts are saying that. Probably even 6,2k. But then, all agree in that there will be sell pressure since that price is a resistance, and many people want insta-profit considering the ultra huge volatility this shitty market has.
So the moment it gets to 6,2k it's likely to plummet to 4,6-4,8k and stay there for a while.
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Best option is Air Conditioner. Bad news is bye bye to part if not all of your profit mining whatever coin you are mining at current prices.
Considering you may be mining ETH (if you have AMD cards), it's probably going to be something like this: A well balanced mining farm with 30gpus would do like 900-930 mh/s. It will use up to 3900-4000W from the wall. Add to that another 1000W from air conditioner.
This way, your profit will be around 60$ per month. But you´ll have to roi your A/C this way. So, for the next months, you´ll have no profit.
I had a 1x6 gpu and 1x4 gpu mining rig. It was pulling around 1450W from the wall. RX 580's and 570's. 1150mhz core 2250 mem , custom mem timings , all between 837 and 881mv (depends highly on ASIC quality). they would not do anything below the mv i applied since they crashed. I didn't want to reduce mv on memory from stock, since it affected stability and didn't want to deal with two unknown issues if troubleshooting. my ambient room with 2 normal fans spinning to move air directly to rigs and a window of 130x120 fully openned with no glass was something around 32ºC with 90% humidity and 42-45ºC outside in the hottests days (i live very near the sea). The rigs were in the room of 3x2,6 meters with good airflow. Oh, by the way, i never had to put more than 60% rpm fans on the them. just on one shitty MSI RX 580 armor that has a below average performance, not as overkill as Sapphire Nitro+ 580 and 570. Temps on cards were from 50ºC on most RX 580 Nitro+ to 70ºC on the MSI.
So, prepare to sweat hard this summer unless you want to put AC and get rid of part of the profit. Your profit may vary if you are mining other coins than ETH, but in essence the same picture applies to almost all coins in the market right now.
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