noone has any idea here. Shame on ALL OF YOU.

Gonna give you numbers, so that you exit your ignorance on Crypto at least on ETH

The last support/resistance was at 225$. It went down really fast. so now, the next resistance is at 180$. Important traders are considering entering long in the 190$ range.But i will not enter on that level, since i think we have already seen 190 and there was not a big pull from bulls. We saw that value 16th July 2019 at 17:05 PM.In fact, there is almost no pull back. Not a pull back from support. So i discount market will wait to go near 180$ to push (if that happens).

I expect ETH to go near 180$. if it drops that support, then next one is around 150$ or even lower. If it holds above 180$ for at least 2 days more, we may see a small pump in prices. Buying now is a 50% probability to get max profit.

you seem to be like one of those poor guys outthere that would kill for 10$. Sorry, i don't want to deal with people like that. It makes no sense. Ohh, BTW, at 0,06$/kWh you live in a third world country, so i undestand your way of thinking. You make more mining than working, so 10$ for you can be way more money than working. It makes sense. For 10$ profit per month, i don't even take the cotton sheets from the equipment.


Oh, BTW, at lowest prices on ETH (80$ more or less), it never went down of 134.000Gh/s. Even if we have seen a drop in value of over 35% in last month, the hashrate went from about 145.000gh/s to actual 172.000gh/s. In last two days, with masive drops of nearly 25%, it increased from 162.000gh/s to 176.000gh/s even with bloodbath in the streets.

So people turned on their equipments even at heavy loses, which show how "intelligent" are miners nowadays.

Governments want to control your money. Crypto is the best way to leave that control away. So governments and banks will do whatever they can to destroy crypto, because with crypto they cannot track your money, not control it, nor tax it, nor anything.

This is why crypto will fail.

haven't you learn, for the thousand times before, that technological advances in crypto MAKE 0 EFFECT ON THE MARKET???

Are you dumb or what??

yes, buy them. That way your profit will be -50 dollars per month, if not more.

Are people mad or what? Not even RX 580 hyper-undervolted are profitable on ETH right now. at 0,10$ per KWh you are lucky if you break even.

they sell because they believe the price will drop more. The problem is that normally this people have absolutely no clue of where are the red lines and the resistances. For example, a friend of mine told me he was going to sell ETH at 240$ after masive drops of over 30% in last month. I told him not to do it because i was almost sure the resistance of 225$ was strong enough.

At this very moment, the resistance is holding, but i do not know for sure if it will continue to hold it. I see a brutal preassure from bears to crash the market , buy cheap and get profit.

In current conditions , its possible to see ETH another time at 300$. But if you crash the market to 150$ and then buy you can get 100% profit. that's why they do that. They always crash the value lower then what they consider it to be "reasonable".

When wlll people understand that technological development in coins makes 0 effect on prices? WHEN??

some facts.

you can expect around 30,5mh/s x 6 gpus from every rig (that makes around 183mh/s). You can expect something around 135W for every card. so around 22kW of power considering all the gpus + components.

Your ETH hashing power should be around 4800mh/s. If your Electricity cost is around  0,10 you make 511$ right now (that's not even considering ROI, bill taxes, or government taxes over profit. 0,11cnt/kW you make 352$ right now. 0.12cnt/kW you make 194$. and at 0,13cnt/kW you make 36$.


Now, the average price in my country for every kW is around 0,15€/kW (we pay 26% taxes over electricity prices due to leftists "idea" with green energy). Which is around 0,17$ (including all taxes). Talking in numbers, a guy living in my country with your setup, will be losing almost 600$ per month at current prices.

i don't get it.

After a huge crash of ETH mining, almost 35% in current month, and still GH/s entering the pool. In just 1 month, it has gone from 140.000GH/s to 175.000GH/s even being ETH the worst performer coin on the market.

People are dumb. Really dumb. But anyway, probably they are losing money. Unless they are using ASIC, which the fucking stupid devs will continue to allow in the pool. For god sake....

by next year, probably none of your shit coins will exist. Bigger coins that those you have , have already failed.

The 225$ support for ETH has fallen. We are going to see far far loses. Got your diapers? use them and do it now. Or sell and never return to this shitty market. You have so many options...... for me lose money is not an option.

end of this year, no more than 400$.
End of next year, no more than 600$, probably less.

Eth has no demand over 320$ so 400$ is the best result for this year. and btw, i'm not being pesimistic, rather the contrary. It could be much much worse than 400$ if i'm honest.

agree, i predicted this massive drop 2 days ago.

i think the biggest support is around 225$. If it goes below that, i think 180 or below will be really fast. This proves two very concerning points.

1º cryptomarket has not changed this year. it's the same bullshit-especulative market that it was 2 years ago.

2º All the news related to technology have really 0 impact on prices. The really important question here is if politicians want to let us use it or not. Considering that 60% of all countries' debt is in bank's hand, there is no possibility that crypto can survive against the system. This is why, precisely, Libra will not succed: because banks and all powers will not let them do it. moreover, it's totally concerning that a huge project like libra is in hands of leftists brutally totalitarians, like facebook, google, twitter and so on.


this is my bet. according to technical analysis, Bears have the clear hand here. So.. now...we have to predict wether this is a controlled dumping or not.

Let's be clear here.

Bears know for a fact, that the more they crash the market, the less investors will be there to deal to high volatility. Bears know that the market is so weak that a huge crash can doom it for so many months. They also know that this is the hen with golden eggs. They can get the egss everyday, or they can kill it. So i think this is a controlled dumping. This is , i think, a movement with two versions:

- They've sold becase over 300$ there is no demand. Absolutely noone values ETH more than 300$ right now. So holding coins for 250-280$ thinking it would pump eventually is exposing yourself over massive profit selling (specially those that bought around 220$).

- This guys, want to test the resistance of ETH. They want to know how low they can buy, so that they can get max profit. How in the hell would you know the bottom of a coin, unless you are in control of that??? So i think the 225$ resistance will hold. in fact, my friend at Santander bank has told me that all automated stops he has seen will jump at around 210$ dumping the coin easily with no support.


hope the big resistance at 225 holds. If it crashes....well...there will be blood in the streets.

every regulation is always bad, because implies taxes, laws, legislations. Crypto will never see times like 2017 ever again.

not only is centralized. It's the creation of a group that is pushing their own political agenda, against the right. They are totalitarian ultra-liberals (leftists). Facebook, Google, Instagram, twitter... etc... if they are using social network to ban ideas from having share, why do you think they would not do the same against your ideas? What if libra was used to push leftists laws in countries and the country that denies it, is banned from using that coin??

Libra is the end for crypto.

libra is the end of crypto as a hole.

BTW, data that every scammer here ignores: in the last month, 33% drop for ETH.

ENJOY IT, SCAMMERS.

Told ya...... I've lost count of how many times i've predicted drops of 15% correctly. I think the dumping will stop somewhere close to the 225$. If it goes below that, even by 2$, if there is no insta-pump, sell, and do it quickly because we can go to 180$ or below.

The market is crashed right now. All technical analysis is saying the same, selling is massive in all platforms.

DO NOT ENTER MINING. DON'T DO IT. it's very simple. You´ll lose money.

some comments here.

1º Today, there are LEGIONS of technicians ready to build you a mining rig for as little as 200$ + hardware. they are even announced on the internet , almost everywhere

2º The hashrate is more or less like this: normal people with very little hashing power 10%. Big plants , big mining facilities 90%.

3º Crypto is a brutally centralized market, were a little movement in BTC collapses all the 800 coins in the market. It's so centralized, that 50% of all BTC mining power is in China. So centralized that very few people control almost everycoin in the market. They talk to each other, they plan the pumping and dumping scheme. And all the other people in the market, are just running around like headless chickens.

4º This is NOT a good moment to invest on mining. You don't want to spend 2000$ to buy a mining rig, to ROI in 5 years. it makes no fucking sense and you have to be so dumb to do it. Well, the difficulty in the ETH hashrate was increased from 136.000 GH/s to 174.000GH/s right now. So.....people are turning on their machines to get as low as 50$ per month in summer with heat. This is HOW DESPERATE people are to get a few bucks. If it weren't because some of them win more money like this than working, i would say that people are terribly dumb.

5º The more people enter mining, the less you get. So if you actually encourage people to mine, while you are mining....you are a bit stupid. And....the more people enter crypto, is not necessarily good for all the rest. Why? Because many people, with a lot of money are doing marginal trading playing , mostly the bear market. They borrow coins from people, they insta-sell, they drop the value of the coin with that. then, they buy the same amount of coins they borrowed. The difference, is PROFIT FOR THEM. This is why we are seeing a dumping scheme right now.

Ohhh BTW, ETH is in the red line. support is just in the 265-270$. If it holds, we can see more value. If not, we may go to 225$ which would be a brutal and huge step backwards that could mean ETH and other coins have no demand in the low price. Have you got your baby diapers?? Want an advice? put on at least three of them. There is going to be a massive drop in cryptos in 2 days time, and it's going to crash the market. I really hope i'm mistaken, but this is not a joke.