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The only realistic price that Shiba inu can get to is 0.01$ and that is if the burning keeps on going and Shiba team introduce Shiba smart contract platform too, though it still needs some crazy adoption from developers around the world but if the CEO keeps handling this project very well a one cent per Shib token is possible.
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Coin farm ventures when do you think it's the best time to start buying GPU?
I don't know when the market 'bottom' will happen. All I know is that based on my experience with the past 2 bear markets, today looks like a bad time to buy video cards. Used GPU prices have not caught up with the crypto crash. It takes a few weeks or months for video card prices to reflect the new reality. On top of that, we have the PoS uncertainty. That is why assuming BTC is stable at $18k with no PoS this year, my price target for RTX 3060's are $220 and $350 for RX 6800's. If PoS happens, subtract $50 from those targets. I am still surprised that Ethereum difficulty is not down yet, I mean yesterday the chart was going down fast this morning I see that its back to the 14 P again, a single 1660 super now gives 0.40$ per day I believe this is low enough to scare many miners off lol. |
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But a graphics card can't be worth $0 like a cryptocurrency. Even the RX 580 8 GB graphics card can play many modern games and its price will not fall below $100 if it is in good condition. Even if it is cheaper, then what price will the RX 550 2GB have? RX 560 4gb? RX 570 4gb?
I agree with your general idea of GPUs having gaming value, but I don't think we are anywhere near the price floor for current-gen video cards. RTX 3060's are selling for $330 used today, but let's say they end up at $200 in 3 months if today's coin prices stay steady. That is a capital loss of $130 / 90 days = $1.44/day. You will get $0.60/day of profit mining CFX at free power. That won't compensate for the $1.44 in capital loss. So the most profitable decision would be to sell that RTX 3060 today rather than take the -$0.84/day = $75 of loss over the next 3 months. After I did the math, I came to the conclusion to sell *now* instead of riding the market down. Coin farm ventures when do you think it's the best time to start buying GPU? With the way you sound it seems like you knew when the bottom will be, what's your target for BTC and ETH on the long run through this bear market? ETH is under 1000$ right now, maybe we are heading for 700$ per ETH? |
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The highest that could happen is doge coin losing significant value just like many altcoins due to bear market and as for elon musk getting sued this is simply stupidity from the accuser, doge coin performs just like other altcoins, if anyone like Elon invested such big-money on other altcoin in the market it will surge as high as doge coin did, this is 100% normal.
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And many will be disappointed because so many people wont get the free airdrops, this team are ready to make sure that the airdrop won't get scalpers rich like pancake swap and 1inch airdrops, its going to be a strict ride.
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I had no choice, the GPU is two months old and its still very new in good shape, I will only feel bad if the product is faulty or bad, in this case consumers ( gamers ) are just stupid and they don't know what they are doing other than to play PC games.
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Why did gamers always think they know the best?  once they knew you use your GPU for mining they won't buy from you, well today I had to lie 🤥 to sell some GPU, I pretend like I've never heard about mining, I even tell him to teach me and he said... Don't do it, this will kill your GPU fast, and I was like on  I don't know, hehe If you want to sell your GPU its better not to tell anyone that you use them for mining unless they are miners. |
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At this point I am totally confused that USDC is a lot safer that USDT but all in all I believe USDT is right under the nose of the law, if something is going to get wrong the team won't be making it out alive  I meant running away, they once had issue with the law in the past and this put some kind of surveillance on the team. |
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I have any graphic cards that haven't made me 70% of my ROI but I don't worry myself, I used money that I don't need to build those mining rigs and I have money that I can use to buy coins on the way down, if you are like me you have nothing to worry about, bear market is a blessing.
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That project planned to use pink sale, I don't see good results from pink sale projects compared to other IEO/IDO platforms out there, also now the bear market is just starting to get meaner I think its better to wait for a few weeks first, I will start buying alts if BTC goes down to 20k.
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Optimism is a Layer 2 option and its doing quite well before the exploit was hatched. I think and know it would be fine as long as they do what they know properly
The hacker is able to deploy the multisig to L2 with different initialization parameters. I guess he is one of an insider development and tries to get all fund without residue. or maybe dump the price to buyback again. Is there any projects that can be trusted in the crypto space again apart from BTC? I guess not, this won't stop me from investing in new projects but I will only look for opportunities and sell my gains for BTC, all these new projects are so messed up right out of the box. |
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Well those graphic cards while you can, right now the sells of GPU is slower than past months but some are still buying, sell before 30MH turned into 0.24$ where things will look hopeless, I contacted a rich GPU miner in my country today about buying some graphic cards and he said I knew better, now isnt the time to buy GPU lol.
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Guys what's the real reason behind the relish of Litecoin from Korean exchanges like Upbit and Bithumb? I am sure most have heard about this news already but cant figure out the real reason behind the delisting.
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Bitcoin is the safest haven for crypto miners, convert your coins to BTC every week or days but something that I am when aware of is that a bear market is where you make names for yourself, things will get tougher and look hopeless but that's the time you should be doing the opposite, buy and keep mining coins cos on the long run it will favour you in ten folds.
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NFTs wouldn't be treated as a normal asset on the long run because its a better place for dirty money, even NFTs that doesn't make any sense got spent millions of dollars on, its crazy, there are many useless NFTs than shitcoins in crypto space right now, I choose crypto coins over NFTs. |
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Anyone saying its possible for Bitcoin to stay within the 30k range and can this a bear market don't know what they are saying, next year many investors will want to survive and won't give too much f**k about crypto because things will be extremely costly in 2023 and a new recession will begin, I am not saying now is not a good time to start buying but do not buy all your coins right now, the downside is highly possible.
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Proof of Authentication Post Bitcointalk Username: 5W-KILO Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3333954Telegram Username: @Ffivekilo Discord Username: tserie Campaign Category Participated: Signature Campaign BSC Wallet Address: 0x0C5D2a53BCDd233A30A20cf80c3c7A8e609D9E35 |
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I don't think so, ETH is a better alternative to Bitcoin that's all, but still Bitcoin is much better store of value over other coins, presently Bitcoin is taking the lead and have recovered faster than other coins on Coinmarketcap, Bitcoin is the best and its not hard to see.
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Are you using the 4GB RX 5500XT or the 8GB variants?
Also use GPU-Z to check which Memory chip is installed in the GPU, Micron, Samsung?
Make sure your AMD driver is up to date in hiveOS.
Use different miners but I found Teamred miner to be the best for AMD GPUs.
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It's still too early for mining farms to shut down their rigs at this time, crypto mining is still a bit profitable, not until the whole profit isn't there anymore many will still keep mining no matter what's happening, is Ethereum made it down to 1000+ profit will be toast.
Many (stupid) n00b miners who were expecting to get rich quick will panic, shut down, then sell their rig. That's what I did in 2018, except I sold 10 rigs for pennies on the dollar to 2 lucky buyers who probably made 500% ROI by now. I remember packing three boxes with 20 GTX the 1060s each, then sending them off for just $140 per card. I don't quite get that, you sold a box containing 20 GTX1060 graphic cards for 140$? What 😦 ?? I could remember that a single 1060 costs 70$ when things got even uglier at that time, I wasn't a miner and I can't afford the card still, God damn! That was a giveaway mehn. yeah i bought 30x P106-100 for 70$ years ago or the P106 with 3GB for 25$ - this cards are good on flux or ergo. good deals I will be happy to get such a deal today but I doubt this will happen any time soon, it will takes months into a bear market phase to get graphic cards at such a price, lick are those who built a whole mining farm with LHR graphic cards, now they have almost double hashrate out of no where. |
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