i wasn't around for this but i know some of you were. i was studying the charts earlier and noticed since bitcoin was invented it has had 2 parabolic bull markets. 2013 and 2017

in 2013 the bitcoin price run was basically 20 to 1000 or a 5000% increase. in 2017 it was much smaller at 2000% but still very much a run. 2014 also had mt gox go nuclear.  also note at the lowest point in the last bear market bitcoin never even got close to where 2013 started before the run up. the market low was found in spring of 2015 around $220 or 10x higher than the start of 2013 however it was an 80% peak to trough. after this it was an uptrend for years with corrections along the way. we had a MUCH smaller run in 2017 at only 2000% vs 5000% in 2013 and no mt gox blow up. it seems very unlikely to have a repeat as the news is actually really positive and you run into problems with the network in general below 5-6k minimum now. we also have already had a 70% correction with no where near as bad of news and no where near as big of initial run up. an 80% correction would be BTC 4k.  miners will start shutting down due to low profitability around 6k and or difficulty will have to fall....in fact that's already starting. you actually get more coin selling hashing power now than you did at this time last month. many of the dec/jan gpu miners are likely already leaving.

the thing i noticed about all modern parabolic moves is they rarely if ever recover quickly. bitcoins massive run in 2013, the nasdaq in 1999. the thing that gets me though. both of those prior examples had real fundamental reasons that brought them down. 2017 really did not. people just sold....well. because lambo and beach house.

if history repeats 2018 will not rally, it will simply be a consolidation year. weak hands will be shook out. difficulty may even fall on many alt coins. maybe even bitcoin. we may have seen the low at 6k and we may even test 5. going to 4 would be an absolute floor unless we are destined to go to zero. i'm sure a lot of miners would shut down. network traffic would fall. 80-90% of altcoins would die.
 

my personal feeling is this may be a range bound year. we probably have an absolute floor at 5k and might go there if a hard attempt is made at the last 6k support. we also likely have resistance at 12k that will push back if we move through 10k.

long term. this is healthy. weak hands are shook out and those of us who stick around will be able to mine easier and accumulate at good prices.

might be worth keeping this thread up. but, to the best of my knowledge kraken is going to handle the changover for existing token holders of EOS.

1. is this correct?
2. what exactly changes besides moving to their own blockchain? is the old EOS just going to be frozen in time never to be recovered and we all move to the new version or with it be similar to a litecoin split where we had bitcoin and litecoin at the same time?

quick question on multi gpu setups. haven't had to do this one yet and am curious if anyone knows the GPU limit. if not no biggie, i can find out. second question is with risers. can i use an unpowered 16x ribbon from 16x-1 to the gpu then 4 powered risers from the 1x slots to make a 5 card gpu rig? haven't found jack online about this board and have one on the way from an RMA'd system and a spare 4790 chip

couple potentially relevant specs about it
Multi-GPU Support

Supports NVIDIA® Quad-GPU SLI™ Technology
Supports AMD Quad-GPU CrossFireX™ Technology
Supports AMD 3-Way CrossFireX™ Technology
Expansion Slots

2 x PCIe 3.0/2.0 x16 (x16 or dual x8)
1 x PCIe 2.0 x16 (x4 mode)
4 x PCIe 2.0 x1

i honestly have been trying to wrap my head around this one for awhile now. if the august fork was all about low fees and transaction timing why exactly is this not being further developed on core? it seems like most the institutional support is behind core and bcash has mostly angry twitter feeds but i'm generally curious about the idea behind it. do you guys see a legitimate future here and if so, why or why not? bitmain appears to be accumulating large sums of bcash just was their antminer sales