I'm a miner, there is also a bias but i'm a shitcoiner too so either way i'm fine hehe  I remember back in the days when Ethereum was a shitcoin. We mined a shitload of Ethereum when the price was $1-2 on the exchanges. Now Ethereum is converting to a Piece Of Shit coin (POS), I expect the price to crash. Let's wake up those old wallets and sell.. The dumping has already started... Ethereum foundation announced 100% shift to POS in 2021, when 100% POS platform blockchains like BNB, SOL, DOT, ADA, AVAX pumped (we can say they achieved some level of success), showed promise and functioned without POW. Did Ethereum foundation felt threatened by something working without POW? or POS is just a soft exit from a failed experiment (you know..world computer and stuff hehe). Here is another thing to consider, rebellion wants as many allies as possible like ASICs, is it a temptation to cozy up on them or kick them out? One of the original thing back then for ETH was ASIC resistance. Progpow?.. This is going to be a shitshow LOL. |
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In 2015, one AMD Radeon R9 280 video card gave about 6 Ethereum coins per day. Even if I were to sell coins now, it would be millions of dollars. But then no one understood the value of these coins and miners sold them for a few tens of cents or less.
Mid 2017 a R9 280 make 0.2 eth per month... Yeah the r9 280x was a killer GPU for Ethereum. I remember back in late 2015 and early 2016, you basically made 1 ETH per 280x per day. Keep in mind ETH was like $1-5 or so back then. However difficulty was low, DAG was low, nobody was mining it because crypto seemed dead at the time. Those who believed in it made it out big. Especially if they also kept their ETC which happened after the DAO hack. ETC also had some great runs in price. I was pleasantly surprised exactly if I remember correctly one year ago or a bit more when ETC hit its all time high of 179 USD I had some 12-13 of them and I enjoyed very much selling them at that time making a really nice profit.Unfortunately for the ETH I started mining in late 2016 early 2017 where everybody or almost everybody had moved to Ethereum mining.I still keep some ETC now because who knows what the next bull run makes,why not a 1790 USD for a ETC coin,we never know what the future reserves to us.Back when mining ETH I used Nicehash then so I missed out on ETH at that time however because I kept Bitcoin I made a huge profit in February 2021 where I exchange most of it. another fun thing back in the days, when i go shopping for new and second hand gpus, there is a sense that i'm the only one crypto mining, a few people maybe but you can't feel it around(only suspicion), there is no discussion around, there is also a sense that there might be something wrong with me(nobody understands, nobody cares about crypto)-yep, partly embarrassing because it looks like you are wasting your time on some useless shit turning you as a person into a useless shit too(so being early is no easy thing  )---plugging on the internet held my crypto sanity hehe |
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well.. ETC emerged during a hacking issue, but this new ETH POW will emerge in ETH POS (100% transition). I think there is enough reason to fork. I'm a miner, there is also a bias but i'm a shitcoiner too so either way i'm fine hehe |
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10k might not be possible.. 20k and 30k is a sure reclaim..that is 2x and 3x money(spot), there is also leverage (just low enough to not get liquidated). that is an easy money, can bet big and win big. we are not in 2013 anymore where some people are not sure if there are millionaires and billionaires in crypto...can be hit if saylor gets liquidated LOL  There is a lot of time yet for this to crash to hehell, from september 2022 to march 2023 we will know the bottom, it still too early to know the bottom, in this market you have to have lots of patience if you want to profit, buy too fast or sell too fast is not good. Just want to put this here for the record, the value(purchasing power) of 10k in 2018-19 and the value of 10k in 2022-23 are different. |
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Below 10K for BTC is the time to start investing if you want to target the next bull cycle down the road in a couple years or more.
Doge is already at the Buy price since it went below 10cents and really getting worthwhile @ 5cents and below if you want to accumulate as well for the next cycle.
Yeah, btc below 10k or around 10k is not bad, dogecoin to be acceptable as it contains high risk compared to btc, it needs to crash down to $0.001 or lower then I might purchase 5% of my money in it, that was its price before elon musk hyped it and sheeps started buying it. Anybody buying doge scamcoin for $0.05 right now deserves to be scammed. 10k might not be possible.. 20k and 30k is a sure reclaim..that is 2x and 3x money(spot), there is also leverage (just low enough to not get liquidated). that is an easy money, can bet big and win big. we are not in 2013 anymore where some people are not sure if there are millionaires and billionaires in crypto...can be hit if saylor gets liquidated LOL |
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17.5k was not extreme, so i'm sure is not the bottom yet, the bottom is something extreme that nobody believes, for example like when btc crashed from 20k to 3k, right now to be as extreme as 20 to 3k, btc would have to crash to around 9k to 11k, that would be extreme. So reason i dont believe this is the bottom, it was too fast as well, the bottom takes time to be found.
About eth, eth still at 0.05 to btc, so is overvalued at the moment, eth to btc ratio in the crash is usually 0.03 and lower, so meaning if btc crashes to 10k eth will have to crash to 333 usd. This eth ratio will crash as we go from here, dont be surprised to see eth to btc crashing in the coming months and then we see the bottom, I mean in 2018 when btc crashed to 3k, eth to btc got as low as 0.015, so just for the sake of math, if btc crashes to 10k and that eth ratio is at 0.015 then that means eth at 150 usd, for refence always look what happened in 2018 November, will it happen that way again? we never know, if you dont believe this will crash more, you can always buy now, even if crashes a lot more no worries just keep your coins safe and hope for a better opportunity to sell high in few years.
9k to 11k extreme...we call it 10k for now, that 10k would be a dream purchase if BTC is at 100k, the 10x mentality would be kicking again hehe. will go past 100k -200k then bottoms at around 30-40k next cycle. if you don't want to risk not getting that bottom.. around 14k is a good entry too or around the price where saylor capitulates hehe. |
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The plan is there is something you can do/talk/engage outside of crypto, you will get bored, you won't earn enough to make it worth your time.
...if you can mine, then stability is king because it is not worth your time(set and forget setup)..
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Prices of 2nd hand 3080's are starting to get better hehehe..hell "MicroStrategy’s Michael Saylor Wanted People to Mortgage Their Houses and “Buy Bitcoin,” but the Company Itself Is Now About To Face a Margin Call". Look at this, https://wccftech.com/microstrategy-michael-saylor-wanted-people-to-mortgage-their-houses-and-buy-bitcoin-but-the-company-itself-is-now-about-to-face-a-margin-call/"As we’ve noted a number of times in our posts, a typical bear market for Bitcoin sees its price crash around 80 percent relative to the preceding all-time high. It is for this reason that we expect Bitcoin to bottom somewhere between $15,000 and $20,000, provided that the trough coincides with a flush in the S&P 500 index towards the $3,400 price level. Given the existing correlation regime between US equities and Bitcoin, one can’t bottom without the other." That Michael Saylor was always a scammer and a troll, anyway this is not bear market yet. I guess those bitcoins he bought for 40k,50k,60k and 65k will have to sell them for 20k and lower hehe. That is how it works, they have not sold around 60k but trust me they will sell for 20k or lower hehe Tron will soon be in trouble too https://www.coindesk.com/markets/2022/06/13/trons-stablecoin-peg-to-dollar-wobbles-justin-sun-swears-to-deploy-2b-to-prop-up/ , all scamcoins. Celsius was another scam 7 usd last year and now 20 cents https://www.theverge.com/2022/6/13/23165611/bitcoin-ethereum-crypto-price-drop-celsiusSolana another scam, https://u.today/solana-downtime-series-continues-network-faces-serious-issues-againInteresting things happen when bear market is upon us then you see the meaning behind scamcoins, most devs of those scamcoins are running away with the money forever hehe Maybe i'll sell one real asset and buy, not now but only if saylor sold into oblivion/rage quit hehe. You don't want to be an exit liquidity for saylor. |
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Prices of 2nd hand 3080's are starting to get better hehehe..hell |
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sudden injection of kill shot = sudden death...no surprise here.
the only syndrome i see is the idiot and retarded syndrome inside the vaxxed heads.
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fact checkers or thought police
tells you what to think.
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ETH still dropping on all this stETH drama.
If you pull up a monthly chart for ETHUSD on Coinbase you will see that it almost touched the ATH from 2017. It was only off by $10. The low was $1430 and high back then was $1420.
Seems like a great price however, honestly don’t think it’s a good area to buy. Most likely won’t hold and might come closer to the $1000 areas.
It seems eth got lower than 2017 ath, lowest 24h is 1422 usd. BTC is holding well reason altcoins are not crashing lower and lower, as soon as btc crashes below 20k then we will start seeing misery, pain, nightmares and so on, eth went from 1440 usd to 80 usd, that was 17.5 times crash, insane, so a 9x crash minimum is possible for eth this time, so 500 - 800 usd but it might crash lower if the 500 usd is lost then next worse case scenario would be 300 usd as bottom, I dont think eth will crash lower than 300 usd except if a luna scam effect happens. michael saylor (micro strategy) should be liquidated before BTC goes to 100k LOL at around the same time ETH goes POS and the blockchain goes to a halt like solana LOL then we all begin again for the next big thing |
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Intel want pow and that is a very wealthy group of companies.
Nvidia market cap is 468 billion
Intel Market cap is 177 billion
Amd market cap is 172 billion
Their main customers are datacenters. That's where they can make the highest profit margin. Miners only care about the price and they're an unreliable customer. Gamers are reliable customers who have brand loyalty, but only for 2-3 years instead of 10 years like the server customers, plus they're price sensitive too. 80% of the market cap of these silicon companies comes from their server customer base, not miners or gamers. Intel probably views mining as a nice side market to diversify their base, but not their focus by any means. Neeeveeeeediaaaa is migrating away from their GeForce gaming customer base toward the datacenter market, too. The only company here that stands to lose from ETH PoS is AMD, because the Radeon brand isn't as popular for gaming and they have good hashrate. But I don't think they have any secret plan to save GPU mining. I need to see it before I'll believe it. Then why LHR?, (algo and price manipulation) Saving gpu mining is not a business model..owning gpu mining is a business model. My projection is still very far but it can now be projected, so there is a possibility. The GPU sold out, price increase and limit per customer happened. --> this cannot be called small time or nothing. Even a pump and dump during a new series release is a good business move. The release of LHR video cards helped sellers avoid warranty risks. Nvidia sold mining video cards with a maximum warranty of 6 months but I have seen 3 months or less. When the buyer was ready to buy any video card, LHR models appeared. When the buyer began to choose AMD, hackers appeared who hacked LHR. That's a coincidence. "mAnIPuLaTiOn" |
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Intel want pow and that is a very wealthy group of companies.
Nvidia market cap is 468 billion
Intel Market cap is 177 billion
Amd market cap is 172 billion
Their main customers are datacenters. That's where they can make the highest profit margin. Miners only care about the price and they're an unreliable customer. Gamers are reliable customers who have brand loyalty, but only for 2-3 years instead of 10 years like the server customers, plus they're price sensitive too. 80% of the market cap of these silicon companies comes from their server customer base, not miners or gamers. Intel probably views mining as a nice side market to diversify their base, but not their focus by any means. Neeeveeeeediaaaa is migrating away from their GeForce gaming customer base toward the datacenter market, too. The only company here that stands to lose from ETH PoS is AMD, because the Radeon brand isn't as popular for gaming and they have good hashrate. But I don't think they have any secret plan to save GPU mining. I need to see it before I'll believe it. Then why LHR?, (algo and price manipulation) Saving gpu mining is not a business model..owning gpu mining is a business model. My projection is still very far but it can now be projected, so there is a possibility. The GPU sold out, price increase and limit per customer happened. --> this cannot be called small time or nothing. Even a pump and dump during a new series release is a good business move. |
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In all my experience of mining, I found that many miners who choose to be traders usually end up losing all their mining profits. Miners should just keep on mining and stay away from trading.
Depending on what Coin you are mining , a few years ago there was some shitcoins that would be give you a profit when you trade them early. Trading should be only done when you need money or BTC at least. Most new Users havnt the patience to hold them for long terms. But i think we all was going through that stage when we was starting with Crypto. No I am not talking about mining some low cap coin and selling it. I am talking about miners who mined BTC or some altcoins on Nicehash and earned BTC and then decided to deposit that BTC to Bitmex back in 2017-2018. So many miners basically ended up losing all the ETH and BTC they mined by trying their hand at leverage trading. Just like many also tried their luck at gambling sites and lost it also. Basically hold or sell your coin for fiat, don’t try your luck at gambling or trading. scam wick'd, liquidated scam, wash traded LOL best move is venture out of crypto with surplus money.. |
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I think we will see a lot more capitulation than late 2018 if/when ETH goes to PoS. At least in 2018, it was a lot slower. But PoS will be like the revenue dropping by 95% overnight. It will be so bad that even miners with 3 cent power will be unprofitable. That's when the real selloff would start. I wouldn't be surprised if RTX 3090's will cost just $500!
No matter how much truth you tell them, they will never learn unless they go through the process, 3090's could go for even less than 500 usd, very few people mine at loss, most will sell and will not have demand to keep gpus at msrp, bear market is the opposite of bull market, in bull market, coin is king, in bear market, fiat is king and will take time for things get back to normal again, this is still pre bear market because manipulators want to trap more people yet close to top. I have a realization, i just haven't talked about it much..if you really think about it.. construction, restaurant, baking other businesses equipment (some) are cheaper than GPUs something is really off..either the world is changing that POW is here to stay or are we going to correct to some real doom death and destruction in this "mining cryptos". i also predicted in the past that GPU makers, nvidia, amd..and now intel will create their coin that can be tied/optimized or architecturally (hardware) to their specific algos (LHR is just a beta test of this scenario, the exact opposite of reducing hashrate is also reducing every other algo except their own, they can even create their proprietary miner(closed source, competing with our existing miner(software)makers here.) this overpriced cards (hefty profits) is addicting to them, see that intel has joined the club. they will create/plan something to keep this "economy" alive. -exchanges economy scam ...done -POS economy scams ...done -shitcoin economy scams ...done -stable coin economy scams ...done -mining economy scams ...coming soon to be perpetrated by big corp GPU makers. |
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If you guys frequent Twitter you will see tons of FUD for Ethereum, mostly is non sense. However even Saylor is attacking ETH with one of his tweets.
Basically saying that it’s a virtual world that is a copy. He didn’t state Ethereum but he said POS and we all know what he is talking about.
This is why the ETHBTC had a huge dump compared to BTC. Looks like it’s about to break the yearly low.
BTC maximalists will always attack eth because they know the growth ETH had was immense these past 2 bull market cycles, they want to protect their shares/money as any investor and the best way to do that is attack a rival coin in which if there was no eth these past 2 bull market cycles then all that money would have gone to BTC and other pow coins. There is a method here, is a war. POS x POW have been for sometime at war and will continue till one of them messes it up a lot and die, both can have 51% attack, both have vulnerabilities, both can die at anytime. Anyway, every pre bear market has been like this, eth crashes a lot x btc and only while in bull market that eth goes up a lot x btc. However, this time in my view will crash a lot more than last time because of the millions of eth locked up on the beacon chain staked, once they are unlocked, all those people will sell a percentage of their eth to get some money out from it and that is when we will know the bottom, for now eth is overpriced to how much it will be in few months, I think the faster eth does the merge the better it is for eth project as a whole, the crash will be epic but then will stabilize and the growth will be more natural than what has it been. Anyway, as it stands ETH project as a whole is pure scam(defi,nft and tokens included), centralized to the core and will always be like that, sheeps will get in as has always been, check cardano, solana, luna and other scams, sheeps always get in and expect to become rich fast and in the end if something messes it up like it happened to luna and ETH DAO hack then they lose it all. Luna was no different than the DAO hack or even the MTGOX hack. Anything that is centralized will suffer the same, even BTC as it stands can suffer from centralization time to time and yeah nobody talks about it because it can start a chain reaction of trust issues. when everything is a scam including BTC...we are around the bottom part of the bear market hehe |
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--snip--
in the hopes of another GPU boom.
a farm ready if/when this time comes will be a great opportunity to make life changing money. they key here is the ability to expand/scale to a good size faster, the areas of expansion must be planned ahead. it is easier to purchase and setting up cards than getting/choosing the right place for expansion. |
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I don't think BTC price will ever fall below $10k
There still that cme gap below 10k at 9600 usd that was never hit and I said btc would hit 79k and then crash back to hit that cme gap, I said that when btc was 10k august 2020 and trolls were waiting btc to crash below 10k and hit 9.6k, anyway, not saying it will happen but I still believe it has 10% chance for that to happen. One should never underestimate the market, nobody thought btc would crash back to 4k from 14k in march 2020 due to the pandemic. https://cointelegraph.com/news/bitcoin-dives-to-fill-cme-gap-amid-claim-new-all-time-highs-will-take-2-yearsyup. with great lows/dips one can make life changing fortune, same with the spike at the top of the bull market. |
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To the battle hardened covid 19 unvaxxed people...you know the drill The drill of just continuing to live your life normally and ignoring all the idiocy out there? Sure thing. I must admit though, they are pushing this 10% mortality rate as if they learned their lesson on the flu so they're trying it with something they can make bigger headlines with... Still, at 10% odds I think I'll take my chances and bet on my belief that this is all just a kickback to big pharma for failing to pass the universal healthcare plans in the US. The elite have decided that the people need to pay for their own medical costs as a group to shield themselves from having to take any responsibility for their cancer causing products decimating global health. It doesn't matter what we vote or what we think. The decision has been made. You can expect more and more stimulus packages to hand trillions more to big pharma until they get their way and universal healthcare is a thing in the US. At some point, the inflation will crush us and we will have no choice but to go along with whatever "free" things they offer us. maybe we are entering "hard mode" this time. good luck to all of us. |
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