|
yes.
first wave ends late dec or jan around 25k-30k
we drop to 15-16k and in the fall,of 2021
we do second wave cresting around 80k
|
|
|
|
I guess everyone are afraid of such scenario, especially after such quite fast Bitcoin price rally.
We should have in mind that some corrections are possible but I don't expect some huge dump. To my opinion that means that price might pull back to 12k or 13k but at this moment I don't expect that price will go lower than this. Although by the end of the year everything is possible.
Because when it does the Dump will happen! Correction is an inevitable part after this surging up of bitcoin price. I'm not afraid too much because this run is not about small investors, its more about institutional money. So, everything could be settle nicely because all are confidence more than any time before. yeah but this 18k price from the mining viewpoint is not as good as 2019 july 13k price. inorder to equal the july 2019 price of 13000 we need to be in the 25-30k range if all was based on mining profits. in order to equal the dec 2017 price of 20,000 we need to be around 78k. I think we get two waves here. wave 1 25-30k strong dip in Jan feb 2021 to 14k-16k huge wave in nov 2021 maybe goes to 78k but at least 50k nov 2021 to dec 2021 |
|
|
|
As strong bitcoin rally continues and we may see ATH soon do you think there will be a massive retracement as well? I think current rally is different from 2017, bitcoin became more mature with support of big and smart money so I don't anticipate major price drop.
Fixed the bold for you. I think we get to 25-30k do a strong correction. Jan /Feb 2021 Then moon in fall 2021 to 78k |
|
|
|
How can it be considered wiser to rent from an individual owner as opposed to 'renting' from the bank - you'd be obliged to either one and both could theoretically kick you out for non-payment. How about, um, owning your own home? As in: Free and clear.What a nice society you have: The “American dream” of home ownership is truly dead, out of reach and unthinkable to the overwhelming majority of Americans. It has been replaced by an illusion based on a false dichotomy between renting from the bank via an intermediary “landlord” who rents from a bank, and renting directly from the bank. The banks own everything! You are so immersed in debt culture based on debt-“backed” money and total submission to the banks, you cannot even see what is wrong with your proposition. Bitcoin, and home ownership: Be your own bank. Be the king of your castle.
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
Don’t get me started on the rents known as “property taxes”. Are you even aware of how recent a development that is in the United States?
See also:Historically, besides heritable class status, the single most effective guarantor of voter quality was a real property ownership requirement. [...]
Naturally, I think that such a requirement must logically exclude mortgaged properties, which (especially in today’s society) are effectively rented from the bank. Well my wife and I own our home "free and clear". But we have to pay property taxes on the mofo. So a mortgage free home is nice but not as free and clear as one may think. With covid-19 and my home state pretty much tapped out I am sure property taxes will 2x in under 10 years. So go btc go! |
|
|
|
I don't think they see it as 'above their means' though. If I can borrow a bunch of money to buy a home at today's price, write the loan interest amount off against my income tax and have a (typically) more valuable home in the future then it's an investment. As long as I can make the payments each month, I'm not really living beyond my means. I just need to make sure I don't have to pay more in loan payments than I can bring in through my work. How can it be considered wiser to rent from an individual owner as opposed to 'renting' from the bank - you'd be obliged to either one and both could theoretically kick you out for non-payment. Covid-19 was a once (maybe twice) in a lifetime event that likely couldn't have been factored into your investment decisions (at least not easily). Also, consumer spending accounts for 70% of the US GDP - it's a powerful engine that requires a lot of fuel  Don't get me wrong, I am absolutely pro buying home with mortgage instead of renting. In fact, US is one of the countries with the lower ratio of owners vs renters. And yes, THAT is investing. On the other hand, those new cars, the iphones and many other things are NOT, that is spending... And they shouldn't be spending in that BEFORE they had managed to have some good savings. Priorities. Yeah I can understand that it is the government itself who push the people into that uncontrolled consumerism but the people should know better. Because, well, shit happens. Coffee five dollars at Starbucks two times a day every day of the year. That is 3650 A year for 50 years. Or over 180000 a life time. In my case maybe 5000 spent over my last 50 years Plus 6000 spent making my own coffee. so I am out 11000 so 180000-11 = 169000 In my pocket. smoking. I quit feb 29 1996 25 years soon. so 25 x 365 = 9125 days. x 1.5 = 13600 packs of smokes. round it to 14000 2+10= 12/2 = 6 bucks a pack 6 x 14000= 84000 so on coffee and smokes I saved over 250,000 bucks. Just 2 items. 1 person. As for my wife she does not smoke 💨 ever so make that 100,000 add 150,000 saved for coffee she saved 250,000 500000 two people. |
|
|
|
Incentives are aligned. Taproot will help increase adoption and thus, increase Bitcoin’s value. What selfish miner running a business on razor-thin margins would not want for Bitcoin’s technology to improve, especially in ways that increase transaction capacity? The money must flow! I think that the reason why incentives got misaligned with Segwit v0 was that it broke Jihan’s covert ASICBOOST. This led Bitmain and Bitmain-dominated mining pools into an unholy forking alliance with malicious parties who wanted to fork-attack Bitcoin for other reasons. (Not that Jihan wasn’t malicious—and not that he didn’t probably have multiple motives; I simply point out here that he had a short-term, stupidly myopic economic interest in protecting his covert ASICBOOST capability.) Many miners also may have another reason to desire Schnorr, MuSig, Taproot, etc.: Anything that increases Bitcoin’s blockchain privacy on a mass scale decreases the potential for coercive pressure on miners to join transaction-blacklisting, “KYC”-enforcing mining pools.Just for a gut check, @philipma1957: Would you prefer a future in which you may be coerced to use your hashpower to attack Bitcoin’s fungibility—or a future in which such attacks are less feasible, or (beyond Taproot-based technologies) even impossible? Wow what a hard question to answer. BTC is still an infant. It is quite small. Well under 400,000,000,000 cap I think it is 327 billion at the moment. So if I keep it hidden with clever tech do I attract many governments that attempt to shut me down ? So is the wise path to play along until it gets too big to fail? ie a 5 trillion market cap seems hard to attack. Especially if 4 trillion is in the hands of large investors. So I am inclined to not go hidden and paint a target on my back when it comes to BTC. I am pro shitcoin (just a few are needed) for this reason. XMR or some other coin can be the sneaky coin that paints a target on its back. LTC and Doge can do small transactions. This thread has a lot of BTC maximumist (sp) people I am not one of them. 1 coin makes it easier for governments of the world to control. As in your question we know that governments will be doing this. I am pro shitcoin (just a few are needed) for this reason.
XMR or some other coin can be the sneaky coin that paints a target on its back.
LTC and Doge can do small transactions.
This thread has a lot of BTC maximumist (sp) people I am not one of them.
1 coin makes it easier for governments of the world to control.
As in your question we know that governments will be doing this.
There is a less than zero chance, in any future scenario, that governments of the world would tell crypto brokers and exchanges to "Shut down all Bitcoin TM buying and selling. But the other shitcoins? Yeah they're cool, they can keep trading as normal." If a worldwide shutdown were to happen, it would be all crypto or nothing being bought/sold on public exchanges. But by then CBDC would likely be a huge worldwide thing, so difficult for them to sell the public on a double standard. Also, the more major corporations, investment banks, and HNW investors take large positions in Bitcoin, the less likely it will ever be outlawed. Torque why did you make your post the way you did? |
|
|
|
Sometimes breakers are just slowly cooking
Yeah if you are just under and there is a small voltage drop say 120 to 110 or 240 to 210 breakers pop. and when they pop, they are dead...forever, toasted. my personal solution is increase the breaker amp capacity. for example, if you are maxed out and breaker keeps popping at 80A increase it to 100A, only do this if you know what you are doing, just don't add more load just because it is "not popping anymore" my solution is not in the electrical code, codes are there to guide and make things as fool proof as possible. just think about a breaker, it is just a switch (contact points connect and disconnect--> this is the weak point), there is no way it can match the electrical capacity of a solid (no connect and disconnect) wire, good high quality more expensive wires will perform. I have not tested all the breakers and brands but this is from experience. BTW LOL at ETH mining profits, the 3080's are starting to look cheap hehehehe well I was just thinking this. |
|
|
|
|
that number is solid
17874
|
|
|
|
Hi guys,
I have the same problem here. Im using a Gigabyte RTX 3080 Gaming OC.
The only settings that I dont get a Thermal Throttling is: TDP - 52%; Mems: -500; Core -500; Fans - 90%, this give me 72 MH/s at 190W.
It took me days to find this thread and finally discover why my RTX 3080 dont generate the 100 MH/s.
Anyone has found a solution that doesnt involve voiding the warranty? Because I cannot disassambly the cooler without voiding the warranty (at least here in my country).
Also, I have a friend with a Asus RTX 3080 TUF OC with the same problem.
Never ever go cheap with cards and expect wonders... If you cant disassemble the crap coolers and lower the clocks is no option anymore, increase the fan speed further and/or use external 3000(+) high pressure fans in addition (like the Noctua Industrial). But this will hurt the lifespan of the original fans even more. So expect to replace them in the near future. Go cheap? Its a bloody RTX 3080 card, even the entry level RTX 3080 is far cry from cheap, It SHOULD work properly. I dont really care about the lifespan of the fans, since this card has a 4 year warranty here. I haven't watched all of hardware unboxed videos to see their reviews on this specific Gigabyte model but if you're dropping TDP down to 1/2 and lowering the clocks across the board you're basically only using 1/2 the card. I would just sell the card locally for a nice markup and find a different model of card or just buy the crypto directly. The Gigabyte doesn't have mixed caps so it was probably going to have issues right off the bat. A friend got the Asus RTX 3080 TUF OC with the fancy MLCC caps and has the same problem. I dont think that is a cap issue, Gigabyte uses the 470u caps instead of the 220u caps (ZOTAC like), more than the double specified by nvidia. It`s revolting that they have done something like that. As Phil noted this is a case where mixed caps seems to filter multiple frequencies so that the heat buildup does get to extremes (see futher back in the thread for a chart he linked). Both the Asus and Gigabyte are thus bad models to use for mining because they're going with a single cap type. Obviously nVidia will remedy this with Rev 2 cards from AIB just like Asus had to RMA all those bad RX 5700 XTs that made poor thermal contact. Honestly, this is all nVidia's desire to say they were first to market even if it was a paper launch. Their Founders Editions had 6+ months to test out configs that worked and it looks like AIBs got screwed by having to rush to production. Sometimes you get lucky buying the first batch because you might get better binned VRAM or higher binned chips (whereas lower yield chips would be saved for some cut-down refresh card). Sometimes you get screwed by meeting design defects and get to be the guinea pig. In this I couldn't even be a guinea pig because I could get my hands on one. It still games well though as no game is going to run a constant 300w TDP through it. If you want the hashes, sell the card for a profit and just pick up a Founders edition. Phil sitting on 94MH/s sounds decent. I have trouble getting my head around this explanation. The caps issue had to do with the cards being unstable when it boosted to high clocks - a remedy was to reduce the max clock speed. Igorslab has done a test and showed high memory temps on the FE. The slowdown in hashrates is very similar to my sapphire rx5700 when the memory temp reaches 104-106C. It wouldn't surprise me if the AIB models that have this hashrate drop issue cheaped out on thermal pad quality. Perhaps the reason why you are not seeing hashrate drops on higher end, mixed cap models is because they didn't cheap out on the memory cooling. Well the original idea first brought out was mixed caps allow for filtering more noise on more frequencies not my idea. My thread had all the links. others have done some teardowns and added high quality thermal pads. with some decent results. later not first. So proper testing is get 3 shitty gpus models with one cap style get 3 good gpus models with mixed cap style do teardown on all six pull all thermal pads on all six. run all six at lowest power settings and low core setting and low ram setting. then measure ram memory temps on all six. if they all over heat equally then it is not mixed caps After reading newer evidence from guys like you about pads and older evidence from the links in my thread I suspect caps and pads are the issue. with a third possibility that the actual ram itself could be better quality in the evgas I use. Time will tell and it will get teased out , but I am thinking the buying mixed capped evga 3080's seems like best solution short term. It might not be just cheapo thermal pads but can also be that the Gigabyte in particular is using flat backplate with no thermal pads between the backside of pcb and the memory gets hotter there on GDDR6/6X modules? so far the only 3080's that have been reported as fairly good are the avgas and asus rog both have proper cap mix so no crashing at high ram settings and maybe proper thermal pads. So no over heating. some screen shots pretty good numbers one card seems better then the other . moboard is an old z170 with 4gb ram a usb stick and 4400t cpu.
 |
|
|
|
Just got a notice from the IRS, I owe them $1.9 million dollars, lol. Coinbase assholes sent them a 1099-k saying I had 3.7 million in payment transactions. I wish it was 10% of that, talked to my accountant and we will send them docs to correct.
I felt that way last summer 2019 about my 2018 return. finally got it fixed. and I did my 2019 return last mont on an extension should around 3700 refund. yet to see my check. |
|
|
|
What I like about this month's big pump is that the few dumps that attempted to destroy it were quickly eaten out. This shows a strong upward momentum, which I hope will soon take us to ATH and beyond.
It's dumping again as I type this... Let's see... Will the above hold true?
In any case, I would still HoDL and wait.
I am happy I sold 2 pieces 1 piece at 17900 and 1 piece at 18200 RSI above 84 on the 3D chart rarely holds without a proper correction 20% plus). The problem is timing the local top. It could be $23k for all we know  I won't sell at 19 or 20 or 21 next set of pieces are ready for 22 23 24 25 Then I won't sell till 30 30 31 32 33 then I won't sell till 38 39 40 41 This is how I mine in bull runs. Never sell it all. And I am always getting coin back at ˝ the market price. biggest issue is not enough gear. |
|
|
|
Hi guys,
I have the same problem here. Im using a Gigabyte RTX 3080 Gaming OC.
The only settings that I dont get a Thermal Throttling is: TDP - 52%; Mems: -500; Core -500; Fans - 90%, this give me 72 MH/s at 190W.
It took me days to find this thread and finally discover why my RTX 3080 dont generate the 100 MH/s.
Anyone has found a solution that doesnt involve voiding the warranty? Because I cannot disassambly the cooler without voiding the warranty (at least here in my country).
Also, I have a friend with a Asus RTX 3080 TUF OC with the same problem.
Never ever go cheap with cards and expect wonders... If you cant disassemble the crap coolers and lower the clocks is no option anymore, increase the fan speed further and/or use external 3000(+) high pressure fans in addition (like the Noctua Industrial). But this will hurt the lifespan of the original fans even more. So expect to replace them in the near future. Go cheap? Its a bloody RTX 3080 card, even the entry level RTX 3080 is far cry from cheap, It SHOULD work properly. I dont really care about the lifespan of the fans, since this card has a 4 year warranty here. I haven't watched all of hardware unboxed videos to see their reviews on this specific Gigabyte model but if you're dropping TDP down to 1/2 and lowering the clocks across the board you're basically only using 1/2 the card. I would just sell the card locally for a nice markup and find a different model of card or just buy the crypto directly. The Gigabyte doesn't have mixed caps so it was probably going to have issues right off the bat. A friend got the Asus RTX 3080 TUF OC with the fancy MLCC caps and has the same problem. I dont think that is a cap issue, Gigabyte uses the 470u caps instead of the 220u caps (ZOTAC like), more than the double specified by nvidia. It`s revolting that they have done something like that. As Phil noted this is a case where mixed caps seems to filter multiple frequencies so that the heat buildup does get to extremes (see futher back in the thread for a chart he linked). Both the Asus and Gigabyte are thus bad models to use for mining because they're going with a single cap type. Obviously nVidia will remedy this with Rev 2 cards from AIB just like Asus had to RMA all those bad RX 5700 XTs that made poor thermal contact. Honestly, this is all nVidia's desire to say they were first to market even if it was a paper launch. Their Founders Editions had 6+ months to test out configs that worked and it looks like AIBs got screwed by having to rush to production. Sometimes you get lucky buying the first batch because you might get better binned VRAM or higher binned chips (whereas lower yield chips would be saved for some cut-down refresh card). Sometimes you get screwed by meeting design defects and get to be the guinea pig. In this I couldn't even be a guinea pig because I could get my hands on one. It still games well though as no game is going to run a constant 300w TDP through it. If you want the hashes, sell the card for a profit and just pick up a Founders edition. Phil sitting on 94MH/s sounds decent. I have trouble getting my head around this explanation. The caps issue had to do with the cards being unstable when it boosted to high clocks - a remedy was to reduce the max clock speed. Igorslab has done a test and showed high memory temps on the FE. The slowdown in hashrates is very similar to my sapphire rx5700 when the memory temp reaches 104-106C. It wouldn't surprise me if the AIB models that have this hashrate drop issue cheaped out on thermal pad quality. Perhaps the reason why you are not seeing hashrate drops on higher end, mixed cap models is because they didn't cheap out on the memory cooling. Well the original idea first brought out was mixed caps allow for filtering more noise on more frequencies not my idea. My thread had all the links. others have done some teardowns and added high quality thermal pads. with some decent results. later not first. So proper testing is get 3 shitty gpus models with one cap style get 3 good gpus models with mixed cap style do teardown on all six pull all thermal pads on all six. run all six at lowest power settings and low core setting and low ram setting. then measure ram memory temps on all six. if they all over heat equally then it is not mixed caps After reading newer evidence from guys like you about pads and older evidence from the links in my thread I suspect caps and pads are the issue. with a third possibility that the actual ram itself could be better quality in the evgas I use. Time will tell and it will get teased out , but I am thinking the buying mixed capped evga 3080's seems like best solution short term. |
|
|
|
|
looks like nvidia 3080 is pretty good but a power hog.
mine do 94 and 91
or 185 at 530 watts measured on the wall with a kwatt meter.
i have some four card amd 5600 that do about 168 mh at 460 watts.
so nvidia 3080 is a bit more power hungry but uses less space
the 6800 xt uses less power
and the 5700xt and 5600 xt are still okay.
|
|
|
|
Not selling anything until $50k. I hedl for 2 extra years since the price was $20k so this extra hodling time should be properly remunerated.  Selling is not my concern right now. "When can we buy more?", is what I'm thinking atm  You have had nearly 3 years to buy MOAR... so difficult to know what to say... atm... sucks to NOT have been adequately and sufficiently pee pared for UPpity, no?  Is this whole bitcoin thing now in full FOMO mode? Asking for a friend.
My FOMO indicator is still at an all time LOW... Family > Only 1 has asked me about it. Friends > Only 1 has asked me about it. (same friend from last bull market) Acquaintances > NONE It does feel like May-June 2017 again!.... How could it, currently, feel like May / June 2017... by early May 2017 we had crossed previous ATH for the second time and through June 2017 we proceeded to approach 3x of the previous ATH... Hardly feels like May/June 2017 to me, yet... Maybe it is just me... ? hahahahaa I doubt it.this is more like 2016 nov to dec. to be like nov 2017 we would be at 35k to be like ath of dec 2017 we need to be at 78k. this from a mining viewpoint. if you want to say it from a trade viewpoint we were 3900k and to jump to 78k is 20x in jan of of 2017 we were about 1k in dec of 2017 we were about 20k. hmm 20x jump did not I just mention this for the mining viewpoint? so we would be at dec 2017 ath when we reach 78k this is much like 2016 not 2017 |
|
|
|
I'm just opening the post in advance. It's been a long time HODLing, not selling a dime. It's been worth it. Cheers guys! Well well well the jinx has struck  edit. and the jinx is gone!  |
|
|
|
any find amd 6800 or amd 6800xt
... I have a space issue more then a power issue so 80+ mh cards are more attractive to me right now. I have room for 50-60 cards. if they average 80mh I have 60 x 80 = 4.8gh if they average 40mh I have 60 x 40 = 2.4 gh I have power issues. popped the main circuit breaker a few times during the summer.  I'm currently doing 3.2 gh ethash Sometimes breakers are just slowly cooking Yeah if you are just under and there is a small voltage drop say 120 to 110 or 240 to 210 breakers pop. |
|
|
|
May be the last chance to buy the fucking dip for awhile.....  If you really want to buy bitcoin for less than $17.8k, then just wait a few days, a week at best. And if you really want to buy bitcoin for much less, then just wait a few months. By the end of 2021 you can probably grab a bitcoin for $x,xxx and by the end of 2022 you can probably get a bitcoin for a few hundred bucks if you just have to have one. Do you realize how much you can say I told you so if it all crashes and burns? You will be a godlike contrarian ! I will have an awful lot of gear to sell.  |
|
|
|
May be the last chance to buy the fucking dip for awhile..... Spanky is asking for a solid spanking |
|
|
|
|
second evga is in.
doing 535 watts on kwatt meter
and about 185 mh
settings on simple miner are
core -100
ram 1500
watts 230
fans 65%
temp 70
one card may want tweaking
|
|
|
|
|
Show Posts
