lol busteddd and yeah, the E type is the sex
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wow
ether's done innit?
No offence to it's fans. Boy I sure hope so. So many thing about that project are bad ideas. And Layer 2 on BTC is going to crush it. I get all that, but that leaves us...ripple...as #2...
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I have the best triangles. Other triangles aren't even real.
Make Bitcoin great again!
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oh man a test at 6000 looks cooked in at this point ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FfJdbkLC.png&t=663&c=7hHPngr7PCvQsw)
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the Illuminati eye of Sauron chart and sticking it to our erstwhile absentee public official. I managed to scrape up a real merit.
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Cointelegraph recently posted an article estimating that most miners are barely breaking even at $8000. There's other news outlets running articles with the same mining's no longer profitable theme.
wait just a minute The FUDsters have been in here claiming that BTC is going to fall to the cost of production, which they put around @1000. Just which the hell is it? At current difficulty, mining 1 BTC costs around $3000-$4000 depending on electricity costs - not including capital outlay. Again...they cost $4000 to mine and they can't make money selling them for $8000? which the fuck is it? edit 1/ Oh hey da Mayor in da House yo edit 2/ OMG guys, I just figured out what this means; Bitcoin really is a tool created by a three letter agency...only the government could lose money selling something at a 100% markup.
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Cointelegraph recently posted an article estimating that most miners are barely breaking even at $8000. There's other news outlets running articles with the same mining's no longer profitable theme.
wait just a minute The FUDsters have been in here claiming that BTC is going to fall to the cost of production, which they put around @1000. Just which the hell is it?
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thanks for checking in Jimbo ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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time to get into some cheap hot alts
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There may be some hidden gem out there, but from what I can tell, mining with a Nvidia 1070 just isn't worth it, for me. Especially if you take into consideration the accelerated wear and tear on your GPU. I'd need to mine for 2 years with the current conditions just to make up the cost of the GPU and the electricity. Naturally, the "current" conditions are not going to hold for 2 whole years. It is likely to deteriorate to the point where my GPU would fry before ever making up the cost. At least my one and only GPU is attached to a computer. All I need to do is get into gaming. However, the last time that I was really into gaming, Ms Pac-Man was a thing. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I think this is the wrong way to think about it. In the doldrums after the $32 spike at some point my 6950 configs broke down and it was "unprofitable" anyway so I didn't get around to fixing them for months. Ask me now if I wish I had mined continuously through that period.
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Jesus fasted for 40 days he came out and everything worked out just fine...
that reminds me insufficiently sized rock day is coming up isn't it?
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I'm going to miss the mayor though
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i cant believe how blinded are some people i still love bitcoin, but i am realistic
I have to wonder, is it that you can't even imagine freedom? Or you just don't choose it?
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In other news.....Ethereum is being smashed downwards mercilessly today.
yeah, is there news or something on this? brutal
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There are a lot of people in the same boat, Wall St. wants those coins nice and cheap.
The pump will come immediately after tax day.
Which is... when's the last deadline? 17 April
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yeah..I'm gonna have to sell on the low here also....scrypt-pow mining is in a downtrend...I have 13K of income tax to cover with tax man from last year
that I can't write off in any manner ..including equipment (used 2018 $$$ to dump into 15K solo401k for last year (which I can buy crypto with if it stays in
that sandbox...but then again when?) so all is good on that front..but a solo401 for a self-employed business...can only be funded according to you income stream
not on dividends (ie selling crypto more than I make in the year) in 2018....so I'm gonna start hitting a wall here soon with mining puking out
So looking at things now....I too will have to sell some to stay ahead of the rock rolling down ...like you see in traders of the lost ark....the 2018 tax man must be appeased too!
I am hoping that this downturn in crypto prices and BTC etc is due to people in 1) my boat in some manner ..miners or 2) just getting ducks in a row and
have to sell for last years taxes by April 15th in the USA
anyway, the only plus side of dumping stuff to usd now for the above purposes I state...is if the price of BTC dumps further...so I kinda fell like a traitor
but no choice...
the good news is as stated already by anon136...by us both having to sell some now.....I too always sell at the low so the BTC price should shoot up..rapidly !
(frigging reality sucks!)
There are a lot of people in the same boat, Wall St. wants those coins nice and cheap. The pump will come immediately after tax day.
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wow i think 43% bitcoin dominance is way too much
correction will come soon
What altcoin actually has real utility? Monero, ethereum and maybe filecoin (when it comes out)? And of those 3 only one is a money. So really only Monero should be capitalized beyond what is necessary for on network token utility. Bitcoin dominance should probably be 80% or more. gotta get me some of those Moneros yo
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