Not practically saying that gold investments would fall to zero as many people still prefer it but if you calculate the returns like it was at the same price 10 years ago also and it has not gained anything but given diminishing returns to the holders.

If you $1800 worth of gold is still $1800 if we take 10 years time period ^{[which is huge]} then practically it's already zero with inflation index.



People seems to enjoy their gold holdings over these years and show off with expensive jewellery and brag about them are not having vision to see bitcoin future.The rich investors are not moving towards gold and that's why we don't see major price pumps as they already know which is best

Bitcoin -  (+68000% up in 13 years)
Gold    -  continuously diminishing returns

What will you prefer? That's what big whales are doing now and other who are not aware about it will regret as bank lockers and gold is not going to double or even higher your initial investments.This is what i am explaining to all but those who will or understand it have secured future.

202 days is pretty good!.

Ill be interested to see if you get that motherboard to hash all 8 slots with no problems, I have only 1 rig running 5 cards.

 (main problem is not having 5 cards of the same type to run in a rig).

41 hash, 70 watts, no power connectors, tiny, a little more than half the price of a 3090 (3 cards for same hash rate) and no limiting?



Sounds amazing.

This is the situation of gold diggers seeing bitcoin slowly taking over silver now as they know soon it's their turn to flip the market towards Bitcoin.One of them is well known who is orthodox and doesn't match his modern son thinking and the name is Peter Schiff



His son is all in gold and he might be thinking now it's good and can turn his statements anytime like others and consider gold as waste of time .


We are heading towards it and if you are on gold side congratulations you just have reverse growth on your investment and keep going until you reach zero.

What's your thought about credit cards? Do you consider them a banking fraud, just to trick you to spend money you don't have, or a useful tool if used correctly? Do you have one yourself? In my case, as a student, I was issued a university card, which features a low yearly fee but also a considerably low credit limit. However, I often use it to pay bills in interest free installments (Car insurance for instance) and my gas expenses, which provide a decent cashback (I'll fill up my car once or twice a year for free).

On the other hand, there are quite a few shops here that also offer interest free installments, that way, I was able to purchase a bicycle for my girlfriend, when the budget was quite limited.

The trick on credit cards is to use them wisely, not spending more than you can afford, always pay in time, otherwise you'll get a huge interest on your balance, while at the same time, you're building a credit score.

What's your take on this? Are you against credit card usage?

TRUE STORY from California, USA.

I have a $1M+ short term capital gain (not from crypto) and I would like to (quickly!) put it all into crypto mining business.

I have extensive IT / unix / server experience and I've dabbled a little bit in crypto (very small... coinbase account, bought $1k worth of various, very small).

What would you do if you needed to spend 1 million (primarily on equipment) before christmas?? 

I can't imagine buying and deploying (300) RTX 3090's before 12/31 with cooling and power for that massivity solved.

I can't use my garage becase theirs no way I can have enough power setup before 12/31? (only 100A to home).

I used to use colo facilties for dedicated server hosting, but I wouldn't imagine server colo datacenters are are friendly to power/cooling requirements?

How many amps are we talking? Maybe I could quickly rent a warehouse with enough power?.

What would you guys do??

This would be funny if it wasn't sad (about 5G crap).
In my home state of TX, it is "damn the torpedoes".
No mask mandate, no vaccine mandate, no req to wear mask at businesses and the work place.
It is more freedom, though, which I respect (in comparison with all those dictatorial mandates in some other countries). We shall see.
Would I have preferred students in masks for the time being? Maybe, but most of them do this on their own (without a req).
At least, no one yells at you for wearing (or not wearing) a mask anywhere, which is a plus, I suppose.

I have been interested in getting into mining but have been kept at bay by the usual overhead costs and also my lack of technical knowledge.

Because i also only use wifi i decided to go with FUTUREBIT and the moonlander2 devices at first just to get my feet wet.
Well, so far the returns have been decent and i think i can actually make a profit after a few years.

i also ordered one of his APOLLO BTC miners. the full rig. im thinking of adding on a hashboard but then i decided to come here and finally get this question answered.

What is the strongest miner for the cheapest price COMPLETELY DISREGARDING EFFICENCY.

As, someone who DOES NOT pay for their electricity i don't necessarily need the device to get the most bang for its buck as far as power consumption, i only need it to have very high hashrate relative to its UPFRONT cost.

Obviously, as futurebit seems to be marketed for its ability to deliver decent hashrate with minimal electricity consumption, it would seem to be the OPPOSITE of what im looking for but its wifi compatability and simplicity to use made it appealing nonetheless.


With about 4 grand left in Dry powder(fiat), i want to see how much Hash power i can get thats is
A)wifi compatible
B)Scrypt or SHa256
C)tech-illiterate friendly.

On the off chance that JSTEPH reads this, could you theorectically make a super powered and cheap to produce miner if the need to make it "efficent" was removed?
perhaps a unit aimed at folks who are fortunate enough to get free power?

Will you be satisfied if 2021  ends with an ATH of $70k for Bitcoin. Will it make you more richer or it wouldn't add any value to your intial capital.
Will you regret you joined the trend late or  would you be glad you bought when the  market did a retracement? Or you are still staring at Bitcoin with some sentiment

Hi All:
May i know do you think this coin?
Scam?
Or next 10 to 15 year will same with bitcoin?
https://ripplecoinnews.com/ecash-xec-price-prediction-is-ecash-a-good-investment/

100k in the next few weeks would represent gigantic volatility and probably be damaging, I could only imagine it comes alongside some great market upset in some area and its probably not beneficial to move so fast.  I dont think we are in that much of a rush for it happen that abruptly.

main market trader posted this on twitter, funny but true  

I'm also curious what large mining companies that have orders with late 2022 or even 2023 delivery are thinking knowing that they will buy less efficient (by quite a large margin) gear 6 months after the release of this XP Vista wonder machine  .

I think a lot will depend on the price of the coin and profitability rate by the time the pre-orders start flying around, the small guys I think will most likely avoid it, in my case at least I'm limited by the amount of power I can burn a month, I might get away in spring and summer since there are no cereals grinders or pellets running 24/7 like now but what do I do, sell these and replace with more efficient, pay extra and wait for another a very! stressful period of looking how many days are left till you're even? And there is the risk, what if those are a flop and as reliable as the 17 series?

With cheap power even the S19s haven't managed to push the S9 out of mining yet, it's incredibly hard for me to picture S19j getting close to unprofitable at even at 10 cents and at the same time poeple making a killing with the XP version, the maths simple isn't there, or at least for me it isn't.