All the signs of fraud are there: most KLS transactions go to exchanges, where the price is artificially pumped, in real life no one uses this shitcoin. Information about the distribution of Karlsen coins among wallets is hidden. This project does not bring anything new, no one from the team shows their face, White Book is a bunch of buzzwords, there is zero uniqueness. What is this – money laundering?
Any coin that is released when everything is going up brings many questions, however this is not a pos coin or a token, this is a pow coin so as it stands is a lot safer to invest.
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White paper says this coin will be gpumining only but who knows. Let's hope. It seems this coin was created based on kaspa GhostDAG protocol. I recommend this project for long term at the moment, other algo that I recommend at this moment is kawpow, coins mainly, xna, rvn, mewc.
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Seems a bull market is brewing.
One thing I noticed was that whenever we were in a bull market and near the top of the cycle, we would get many posts in this mining forum about “mining bitcoins on my laptop” and such.
So far I looked and no such posts. However when they start to pop up, means we are nearing the top.
This indicator seemed to have worked for every one of the past crypto cycles. Crypto becomes so popular that people hear about bitcoin mining and start to get curious and make threads here. Usually when this happens means retail adoption is high and hence why the cycle top risk.
https://bitcointalk.org/index.php?topic=5475235.0
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My nicehash kawpow seem to be more than double when did this start back up?
10 times from bottom to be exactly, look for xna, it seems the AI hype is paying off to whoever started it and by the way ETH and pos coins are all dead because they are all centralized.
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Yes mining now is not profitable but it won’t matter. Whenever we had a strong bull market, I would come to the alt coin mining discussion and see some post about someone hearing about bitcoin and they want to mine it with their MacBook pretty much. Almost every cycle near the top this phenomenon occurs.
This is similar to how my close friends and family ask about bitcoin, it always near a market top. It could be a coincidence but it’s just something I observed from being in crypto for almost a decade.
The issue about mining right now in the crypto market in this case pre bull market is that thieves will only hype tokens they control and billions can be created in seconds then distribute to many other thieves in order to hype them and then cashout, I will never invest in coins that are not pow or recently put in the market as pow, be extremely careful with that, remember in 2013 and 2018, many coins that thieves pumped and hyped were pow, in 2021 a fraction only and the next bull market will be even less, meaning mining is dying, period. People dont know how to differentiate normal tokens from mineable tokens. So they will buy anything that thieves will tell them to, marketing. Also, the story about FTX, luna, terra and other scams are still very fresh, many commoners are still afraid of that, something needs to happen for them to invest in crypto, in 2021 we had the covid money from the government, reason the inflation is still high to this day. Many people did not work, only consumed but like I said before thieves can do anything they want right now, if they decided to pump bitcoin to 100k they will do, they have the means with fake USD, the reason thieves are afraid of doing that is because that could be the end of the crypto market, easy money, thieves need a reason why a pump happens, reason they create many manipulative stories, example, blackrock btc etf, they need to show to idiots that the pump is not with fake USD.
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I believe this is a pre bull market, bull market only in 2025 but they could just do what they did in 2018, pump a lot by years end and then crash to hehell. I don't see a bull market now, this is likely a big trap but even if is a big trap and people fall into it then they will just have to wait at least until 2025 to get back their money with interest. Anyway, everything is against a bull market now, reason I said this is a pre bull market. Interest rate in the US is very high at moment, 5.25%. For the bull market to work well, need the interest rate to be less than 2%, 1% is preferred, so people can get loans and use to buy crypto. That blackrock BTC ETH ETF is another huge red flag and trolls want to make people to believe is a good thing, be extremely careful.
Also creators of stable usd crypto, example, usdc, usdt and many others ones are part of the mafia and they will mint those tokens to pump btc, they created a perfect ponzi scheme that dont even need real usd from people anymore, like they needed in 2013 bull market. Exchanges will just follow the mafia because exchanges need those fake pumps in order to make people to buy and sell. Remember that crypto market is not regulated so they can pump and dump and create artificial stories in order to manipulate people at their hearts content to do what they want people to do.
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Lot to crash yet before we see the bottom, will take a long time before mining becomes a thing again if ever does, 2025 might get a little bit better.
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It seems beam is not working on lolminer on new nvidia drivers, that must be due to cuda 12 being implemented on newest nvidia drivers? I wonder.
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This is what separates sheeps from wolves, not only crypto but everything in life, if you dont know where the hell you are getting into, then dont.
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Obviously, it’s not over yet, but it is getting there. It has been over a year since the drop started, it was October 2021 when we started to go up and reached that 68k level, and right now we are in November 2022 and we are still low. This means that there is a limit to how long it could stay like this, eventually it will start to go up and we should be hoping that it would be anytime soon.
I am not saying that it will be today or tomorrow, maybe it will take a few more months, but the market cannot sustain being low for this long, its hurting and there are too many people with money (from all the printed free ones) that will need to put that somewhere, and eventually that will be crypto.
Wake up, this is not low, low would be around 5k for btc, also pay attention, eth still very high, eth should be right now around 500 usd, so this needs to crash a lot yet and by the way next eth fork eth scammer devs will make withdraws available and that is when eth will crash so hard and so btc with it, bear market started now and will take sometime yet before we see this market stable.
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yes in 2025 if it doesnt die first.
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Doesnt matter, scam is scam.
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Bear market was probably gonna end around December if FTX deal didn't happen.
No, same reason fairies do not exist, check past market history, bear market is starting right now and will take sometime to start the pre bull market, tip --> 2024. The real bear market for the upcoming days of halving have begun. Even if there isn't incidents like the Luna Terra, FTX, the market would've been the same. As said the bear market is on its start and it is time to enter the market. With the four year cycle we're almost hitting similar things as the past. For all who doesn't want to take risk it is time to hold looking for the past old days with patience. Finally, somebody that understands this market.
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Bear market was probably gonna end around December if FTX deal didn't happen.
No, same reason fairies do not exist, check past market history, bear market is starting right now and will take sometime to start the pre bull market, tip --> 2024.
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Finally the pre bear market is over, bear market is starting right now, if you followed what I said 2 months ago, you are doing it well. Now, to get to a pre bull market that will take a while, so relax and enjoy. I want to see where are the trolls who said that mining in a bear market is good, price wise this is not a bear market yet but for mining coins, negative profit in mining means is already bear market for miners. Next few months we are going to know btc real bottom then is going to be bear market.
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Dont ever mine ethash, let ethash die for the sake of gpu mining, let ethash asics die. Those eth forks can still be good if they change the algo from ethash to progpow or something else for example.
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Have you seen this monster with a consumption of 660 watts? I'm ready to read your feedback about mining on this video card, but I think that a farm of these video cards will burn down the house.Analysts say that the bear market has been going on for 10 months.
Mining? Not going to mine, whoever buys a 4090 is not going to use for mining, they are not stupid, I mean pay 2k usd to earn 30 cents of a dollar per day. Pre-bear market started when bitcoin crashed below 29k which was on June 11th 2022, so we have only been 3 months in this pre-bear market, is going to change to bear market around november 2002-january 2023 and then last at least one year more, reason I said around august 2023 to get a little better, and around Q1 2024 to get better, august-december 2024 I see a pre-bullmarket happening, next bull market only in 2025-2026.
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The only choice I see here is the 4090, all the other gpus are last generation performance, not worth, like I said before at 1499 usd I would buy and it seems I almost got the price right, 1599 usd price is strange, I was sure would be 1499 usd.
Price should be close to this, i mean the value of the gpu is directly proportional to the money it can produce(mining). ~3k usd from op is the price if ETH is still mineable. Fun is over hehe I'm going to buy for gaming and deep learning, pretty sure this gpu will not make even 30 cent of a dollar per day, so 1599 / 0.30 = 5333 days or 15 years to roi if mining hehe, probably even more if things stay like this. This mining apocalypse is good, this will make idiots to think many times before doing stupid decisions. Anyway bear market is coming in few months and things will get much worse, Q1 2023 will be very bad, light in the end of the tunnel only in Q1 2024.
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The only choice I see here is the 4090, all the other gpus are last generation performance, not worth, like I said before at 1499 usd I would buy and it seems I almost got the price right, 1599 usd price is strange, I was sure would be 1499 usd.
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Finally, only gamers will buy this gpu, the question is how much nvidia will sell it for, 3080 for 400 usd and this gpu for 3000 usd is not going to sell, gamers are not stupid like miners. They will rather buy a 3080 for 400 usd and say **** off to nvidia hehe
By the way I will buy one 4090 if performance is 2x 3080 and if price is less than 1500 usd, I need for deep learning and gaming.
Why do you need this heater? This graphics card will have even more mining problems than the RTX 3090 Mining?
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