there is a rule.

The more hashrate you put on a coin, the faster you end it. A coin cannot be mined for ever right?? Crypto market is not the market where you can crash a coin by hard-mining it, and when it goes PoS then change to another coin that will be as valuable as that one and continue thinking you´ll have the same profit.

This example ilustrates it all: https://www.youtube.com/watch?v=k4tjn3VVPis

This is what you guys are doing. By centralizing the hashrate in big machines, leaving not wealthy asside because they cannot pay that hardware, you destroy the possibility for others to live. For example, in Venezuela, and other countries, this cryptomarket is helping people to pay bills. This is possible because the hashrate has not gone up with ASIC mining and others making mining unprofitable for gpu miners.  

Capitalism SHOULD NOT BE A WAY OF DESTROYING POOR PEOPLE BY CENTRALIZING THE MARKET. This market was not meant to be done by rich. And if this has become like this, i wish it dies as soon as possible.

Decentralization, the most claimed award for this market is , according to you, DEAD, since by pulling this machines online, you´ll make unprofitable mining for everybody except you.

But even considering you did not care about it, the more hashrate , and faster (because this machines mine much more), the increase in difficulty can also take you down by the greed of others.

GPU's let people enter this world, because the hashrate is not bound to increase a lot in a short period. ASICS and whatever shit you like, can increase hahrate to some extent that in a short period your machine will not give you any profit.

Endeed, someone said that at a price of 6000$ for BTC would not be profitable for ASIC miners, as the costs and difficulty would leave no profit.

I understand you are pushing your own agenda. And also your own money. Greed has achieved this: BTC , mined only by ASIC is the MOST CENTRALIZED MARKET TODAY. 70% of all the hashrate is in China and controlled by chinesse people.

some people are claiming that this people are selling cheaper their coins (not passing through exchanges) because that money would be "black money" without taxes and controls. Also, if those people are selling coins asside from the market, the market would see NO DEMAND, when in fact there is.

I will never support you guys. I will never support greed.

IT WILL NOT EVEN GET TO 900$ in 2018

I'm writting down all your names. Then, big post for shame to hype fraud

we are going to see 3k and probably 2k.

Why? Because big exchanges HAVE BROKEN THE MARKET AND THE TRUST OF INVESTORS.

Many people are saying the this is a correction. but it is not. What you are seeing is the DESTRUCTION OF THE MARKET. Why? because IT HAS BEEN ALREADY PROBED (read the news to see it), that exchanges like Bitfinex manipulated the market by the end of 2017 to create false BTC demand which lead to that hype of 20k.

Did you think it got to 20k legally?? NOT IT DIDN'T!!!!!!!!!!!!!!!

This is the concept that most of you don't understand, and that you'll pay for ignorance. If someone can manipulate the market to lie to investors, WHY ARE INVESTORS GOING TO INVEST HERE??? Don't you understand??

Which is the reason for this drop??? nothing important is going on, EXCEPT!!!!!! THE NEWS FOR MANIPULATION.

I'm warning people as much as i can. noone is hearing me. Afterwards, don't cry. This market is dead.

because it's already been probed that Bitfinex and other 3 exchanges used manipulation to increase the price of BTC to 20.000$ last year. Those who got to know that info begun to sell quickly. Probably, even those exchanges sold their coins to others.

The market has been destroyed.

You've been warned. DO NOT INVEST MORE MONEY.

because it's already been probed that Bitfinex and other 3 exchanges used manipulation to increase the price of BTC to 20.000$ last year. Those who got to know that info begun to sell quickly. Probably, even those exchanges sold their coins to others.

The market has been destroyed.

You've been warned. DO NOT INVEST MORE MONEY.

i will say it another time but in a different way using the same "tone" as you used with me.

When asics were destroying gpus, you decided, with greed to buy ASICS. you are a greedy guy, no doubt about this. everybody KNEW THAT ALL ASICS BUILDERS HAD BEEN MINING WITH THAT HARDWARE WHILE DIFFICULTY WAS LOW. You bought that hardware when it was not profitable to do it (that's why they were selling them).

Are you so stupid to consider buying things like an asic miner if the builder could get more money using it than selling??? Why would a builder sell a product if they get more money using it??? DID YOU THINK ABOUT IT FIRST?? Greedy guys like you think only in money. You deserve what happened to you

Now you come crying saying that those scammers scammed you. Do you remember when you bought those ASICS how good you felt and how excited you were with the money you were going to win??? Remember that right?? That feeling of: hey, i'm the best. F..k those gpu lossers.  

I don't give a F..k about people buying ASIC. I wish them the worst for greed.

Enjoy your useless and expensive hardware. At least, i can sell my gpus to gamers and get back a part of my investment. Your Asic sh*t can't.

dual mining is not profitable today.

Most coins that allowed dual mining are ASIC dominated, so there is NO PROFIT THERE. You´ll only lose money.

i hate asics because they've destroyed gpu-mining.  so....sorry but i don't feel bad for you.

if you are the most optimistic guy you can imagine, and discount the fact that the market is dead already (and you don't believe this), you can try to by gpus.

But!!! if you plan to buy vegas for ETH, i should tell you that we have already passed the max amount of coins Vitalik said he would allow (100 million), and that, at some point, even tomorrow, can be announced the fork for ETH to PoS and that would absolutely destroy your incomes.

More over, those vegas will be crashed in no more than 6 months, because the new 1180 and 1180ti will be a hashrate hardeners, and probably even my 32mh RX580 will see increased the stale shares a few %

Roi today is a disaster. if you look it this way, you are not winning money till you ROI.

Prices have gone down, because noone is bying GPU's for mining. In the biggest hardware company here in Spain, they've had 3 weeks offers for vegas, 1080's 1080ti with 20 to 30% discount and still have not sold them (6 months ago they would have dissappeared the following day).

So, i do not advice you to do it.

it's easy.

3 years ago, no government or bank cared about crypto. The conditions for the crypto to rise were the best. Money laundering, fireguns and drug dealers used crypto as much as possible, big amounts of money in the market without taxes, no controls, no problems, and for miners, very little hashrate.

3 years later, banks are banning customers from using credit cards for crypto. Governments all over the world are trying to tax crypto from 15 to even 25% of the profit. The market is highly manipulated, with big exchanges emitting false buy orders to try to give the idea to the market that there is demand, so pushing a bull run that was not based on nothing more than a manipulation.

the hashrate for ETH has increased by 100% in just 6 months. Prices have gone down from max of January about 70%. Market cap reduced more than 70%. huge volatitily and huge risk for investors, while aggresive whales, sharks and intraday traders are becoming billionaries. Holders from November 2017 have seen their portfolios crashed to almost 80% or even more.

Regulations are going through a path of end of anonimity, higher control over exchanges, lot of info to control people and the money they invest, as well as controlling their income accurately. Legislations all over the world trying to take advantage of the technology, but not the economical part of it.

Banks performing their crash on crypto by trying to discourage people to enter, because they know that every single dollar or € in this market, will not be used by them to lend it to others, so actually losing money.
Some altcoins, even a lot of them, created just to scamm people, got instantly raised with a lot of money. Huge amount of people scammed and ruined. hackers hacking every single exchange making the money impossible to get it back.

I can continue, but if you multiply disaster x 1000 times, can be a perfect description of what i think about crypto.

Do you actually think that whales, sharks and big aggressive traders care about technology??? or just money.

If it's money, what do you think it will happen when there ir no profit? do you think those investors will put money in this market only for a promise for a good technology???

sometimes i think that this forum is full of ignorants.

When the market begun to drop in January a big amount of LIERS! said: don't panic sell, it will be OK, the market will recover.
As it was going down they repeted the same stupidity over and over again, trying to convince people to not sell. People didn't care obviously, BECAUSE! what really crashes the market are whales , sharks and big aggressive traders.

Result?? THANKS TO LIERS, almost every holder of January saw from 60 to 80% loss in their portfolio.

When the market begun a bullrun in mid-April, they said that we were going to the moon. A lot , A BIG LOT of posts were talking about 40.000$ BTC or even 15.000$ ETH. This pretended HYPE, lead to people bying and bying coins with no meassure, no fears, no control and no self-thinking. The market topped at around 800$ for ETH and less than 10k for BTC. Another time, this "good guys", those ill-optimistic guys begun spreading the idea that this was a little correction. No fear, no pain, no panic sell. Hold and you´ll be fine.

Now we are where we are. the market absolutely destroyed. no new money in. No investor willing to put money in a highly manipulated market. Governments and banks doing their best to promote crypto for technology, but on the other side banning people from using their money to buy it. So, only promoting the part which does not affect the bussiness of the bank. Just the technology that benefits them. The governments, that want to control your life and your money, willing to push a tax agenda to DISCOURAGE people to enter there, BECAUSE, anonimity allows people to evade or to pass money to others without that being noticed. Also that money that it's not in the bank, is money that banks are losing by not lending them to others.

The perfect storm is here.

And guess what??Now, those "good guys" that said: by June the market will sky rocket, are now saying: hey, this will recover in 1 or 2 years. At best, by the end of the year they say. Are you really going to believe this guys that have never ever been on point in their predictions???

last question:

What will those guys do, if the market does not recover?? Well i´ll tell you what. I'm making a big list of people saying that the market by end of year will have recovered. It that does not happen, the least i should do is to post does printscreens with those people to shame them for liers. That is what i will do.

IF YOU DON'T KNOW WHAT YOU ARE TALKING ABOUT, JUST DON'T LIE TO PEOPLE.

we are in front of a VERY HUGE DROP.

Have you ever seen a market that begins a bull run, and after a few months, returns to were it was???

Now, the question. Do you still believe that THIS CRASHING MARKET WILL RECOVER???

Come on....This is doomed.

i think it will never recover to January 2018 max values.

BTC not even 10k by the end of the year. ETH not even 900$.

Slowly but noticeable decline in crypto with huge dips due to bad news. No new money, no demand.

PoS for ETH. Miners Crashed to hell. little investors forced to sell because they cannot enter PoS. huge drop in price for ETH which will be bought by sharks, aggressive intra-day traders and whales.

Disaster is a word that can describe best what is gonna happen. Remember my nick.

i have two GTX 1060 6gb. One desktop and one laptop.

gigabyte GTX 1060 6gb with hynix mem is doing just 18,7mh/s for ETH. settings are -200 +440 (MSI afterburner)
MSI gtx 1060 6gb for laptop with samsung memory 24,7mh/s for ETH. Settings (rock solid) -200 +850 (MSI afterburner)

future??? black, the blackest you could ever imagine.

no hodl and no regret. Just stop losing money.

Its absolutely the opposite. small owners will have to sell their coins because PoS will not allow them to enter with so low amount of coins. market will be flooded and price will drop hugely. No long-term owner will be able to keep the coin. Either sell it or lose it with PoS.

With PoS, miners will be destroyed. small owners will be destroyed. Traders, sharks and whales will get billionaires buying those cheap coins, because small owners WILL HAVE NO OPTION TO KEEP THEM.

ETH will not even get to 1000$ this year. And probably, once PoS is applied (which is very near to announcement) ETH will go down by a lot. All small owners will have to get rid of it and market will be flooded with coins.

You've been warned.