I genuinely don't believe most traders care whether it's decentralized, centralized, inflationary, run by mice or hovers ten feet above the floor. There's plenty of money sloshing around and it moves around. That's enough.
^This. Traders live for volatility - doesn't matter if the action is up or down. That said, I just opened a short position on ETH, so it will probably go up, LOL. the funny thing is that etheruem might increase again, because of those that are actually buying in, thinking that it will increase again, not because it will actually increase again for a particular reason they are the architects of their speculation
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the problem now is the immense hashrate of etheruem will reverse on the other coins, since etheruem is tanking
so prepare for a big loss in the overall profit
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still not double, doubling would mean reaching 860 right? 750 is not 860 lol, but for now the halving would be priced in yes, miners have a big margin of profit now, no need to shut down their miners anymore
2*300 = 600 $300 was the range boundary at the bottom semi stable period. uh what you are talking about, the price was 430 all the time, before that pump, so the real bottom was 400, not 300 at all, so the real double is 800 at the very least, there is no way that 600 can be considered the double of the previous bottom still not double, doubling would mean reaching 860 right? 750 is not 860 lol, but for now the halving would be priced in yes, miners have a big margin of profit now, no need to shut down their miners anymore
Stable price range was about $280-$300 and it stagnated from there in a couple of months or so. Where were you when those "bitcoin is dying" posts were around the corner just because the price isn't moving for weeks? wrong was 400, 230 was the previous bottom before the pump to 500 and consolidation to 430 maybe you guys are just trolling
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unnatural price growth really? the dump that happened before that(the big dump from 1200 to 200) was much more unnatural to me, bitcoin should remain at least at 1k in value no less
there is no reason for bitcoin to remain at such ridiculous low level(<400-500)
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well everyone get them from mining, especially from those first early adopter and when the reward was higher(50 per block) there were many coins in circulation in a shorter time frame
from there you get the current spread
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mmh experiencing a crash on the first gpu with the last release, when the gpu are creating the dag file
With -L single 0? Or with defaults? defaults setting CUDA or CL? Can you consistently crash it? cuda, yes it happen each time unless i reduce the overclock, so maybe is that the issue? but it was not the case with the previous version
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mmh experiencing a crash on the first gpu with the last release, when the gpu are creating the dag file
With -L single 0? Or with defaults? defaults setting
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mmh experiencing a crash on the first gpu with the last release, when the gpu are creating the dag file
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Se sei nel nord italia e hai corrente gratis o quasi, ti porterei un po' di gpu e rig ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ti sei fatto anche tu la farm nonostante i prezzi italiani ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) , cmq qualcosa mi dice che sono 60kwh giornalieri e non orari, quindi ci fai solo 2-3 rig, una miseria 2.5 kW sono 20 nuove radeon, non è affatto male come energia gratis ah si con le nuove certamente, in realtà sarebbero 25 x 480, ognuna consuma solamente 100w, senza contare mod vari che permetterebbero anche 80w o meno
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Se sei nel nord italia e hai corrente gratis o quasi, ti porterei un po' di gpu e rig ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ti sei fatto anche tu la farm nonostante i prezzi italiani ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) , cmq qualcosa mi dice che sono 60kwh giornalieri e non orari, quindi ci fai solo 2-3 rig, una miseria
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those are the things that i was talking about, you don't mine for one algo EVER, you will never know what will happen, that's why my future purchase are not based on ethereum only No one ever was talking about mining one algo. Matter of a fact, I covered this same topic in depth about 3-4 months ago in this very same thread. However, what I did mention is right now the 1xxx series is only good at mining one algo... which is Lyra. You can't do a 'I told you so' when you never told anyone contrary to what they were talking about. Jesus dude. not lyra only, they are good at spreadcoin which is somehow profitable and good at neoscrypt also, with 0.9m for a single 1070(on widnows 8 only apparently) still far better than being only good at ethereum...
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no matter what they will do, they can not stop it even in russia, my best example is
i can just buy some gpu miner and start mining some shit coin and dump for bitcoin, then i would use those bitcoin to buy stuff on the web, without none of them noticing a single thing
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those are the things that i was talking about, you don't mine for one algo EVER, you will never know what will happen, that's why my future purchase are not based on ethereum only
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Ethereium is slated to go POS a while before *3* GB cards become unviable for mining - if the timeframe doesn't get pushed back again.
The real limit is likely to be "when will the diff increase to the point it overcomes the price and mining become uneconomic if your power cost is higher then VERY VERY cheap".
i can assume within this year, etheruem will not be profitable anymore, unless something crazy happen to bitcoin, which may skyrocket to unbelievable level like 2k or more...
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Don't worry. A $50 drop from $770 is only a 6.5% drop. It's a mini-crash. We are weeks away from the halving, so it will be climbing again soon, and then the real crash will happen.
yeah but the new bottom will be higher than $430, so i don't mind any crash, as long as we can establish each time a new higher bottom...
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that thing might consume 25w with the right modding, next to nothing essentially
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i was guessing since we were at 4xx level that the pump will make the price jump up to 8xx-9xx without touching 1k, than a consolidation around 8xx for some weeks/months
Only issue I have with that, is your optimism about the consolidation. Give me one example, of any market, ever, that moved parabolically higher, and then just kind of consolidated around the very heights of its move? Do you think this ramp is all just natural organic demand, or is it a full on manufactured pump? If it is a manufactured pump, do you think the pumpers are ramping Bitcoin to make all the little Johnny Bitcoiners rich, or are they doing it to enrich themselves, which by necessaity, means they are going to dump. Same game over and over again, no matter what the market. Smart Money buys at the bottom, and puts in the floor. They then lift the market up, and then start to ramp, at which point, the smart money starts selling to the public up top, and most crucially, stops supporting the market, which means once the public FOMO fades away, the market crashes. bitcoin is still young its move are unpredictable, i would not base its movements on other market, and yes a 100% increase with a small correction around the higher value has already happened remember when we were at 230 and went all the way to 500 then correction to 430? i'm predicting the same thing, but with double the value
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i was thinking, how do you deal with multiple account entering this game? i see plenty of member and other rank, i suspect some of those are the same person...
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lyra2re (v1) is dead).
Not dead yet, have you taken a look at Nicehash lately? I have no clue what coin still uses lyra2RE but it's been paying well on Nicehash for a few months, It peaked at 1.59 BTC/GH/Day (0.53 normalized for nvidia) a couple of hours ago and even higher on CPU. we are talking about lyra2v2 not normal lyra, v2 iscurrently at 0.17, there is no way that this value went to 1.59, would have meant making 0.03 a day for each 970, crazy as fuck...
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