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Depends at what price you can get em really. 570s are ridiculously overpriced like the 580s most of the time. Fortunately you can get those overpriced cards for less than some 1070s. Unfortunately for folks like me I prefer to pay in BTC on Newegg for GPUs and they sell out in minutes.
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This is proof why you should just HODL Bitcoin- short term traders are and will be getting fucked as the trend is still upwards, if you bought at the top HODL. Don't take the losses unless you need the money. Long term price will likely go up, but I'd wait a little bit longer to see what's going to happen. We don't have an idea of that.
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.01 to start this off  coin looks great! |
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That's some serious carnage. Gratifying to see most of the top shitcoins got hit worse than The One True Crypto tm. Wait - what? WTF is going on with Tether? That's what happens when whales dump everything and take profits. I'm not too bothered about the current drop, nice to see it's not just Bitcoin. Half those coins were pump and dump coins in the first place, and this was expected too. Hope they crash to the ground. |
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holybitcoin.com is reliable, used them in the bast
They don't have much stock left nowadays though, and what they do have I can easily find from forum members for less. They work and they have deals sometimes, but they only seem to stock the occasional GPU and Bitmain miner. |
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Time to short to recover 7k losses
You only lose if you sell... Why sell now at the bottom? Once we get to the weekdays again we'll likely see more upwards action. |
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All alts are down up to 40%, whales are taking profits right now. Once this period ends we're probably going to see another period of pumping and eventual dumping. Interesting stuff. Or it could just be that alts are dependent on bitcoin's price in some way after all...
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This is fine, I can go into long-term HODL node if need be though personally I think we're going to be breaking back into the 2000s as soon as we get to Monday or Tuesday. Better HODLing than panicking and selling coins to other shitcoins. Bottom is likely reached at this point, though we could still break lower.
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Best to just go to Hashnest if you want anything near ROI. Difficult will skyrocket before August and rewards will drop like a stone. There's a reason behind why people are paying thousands over Bitmain prices for L3+s. I am honestly quite surprised people are still buying up these units so fast when after a little while GPUs will become more profitable again.
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Eastshore.xyz is reputable and they mark most items with a value of $90; they ship from China but they have low prices on certain miners and they're good with shipping. Just watch out for FedEx fees and such, they are usually more than customs if any. Their prices for the Ebit E9 are nice, and those miners are good and relatively efficient. Just note the GUI is in mostly Chinese, you should be able to set it up without translating if you do choose to buy it though.
How are the customs calculated? Through values, Eastshore labels all miners as $90 value and they usually get through with no issue or only a small fee. Pretty sure some shipping services like FedEx will charge fees on delivery for things like brokerage or something like that if fees are incurred, sometimes not. Haven't bought direct in a while so I'm not the clearest on these customs things. |
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Whales are cashing out their profits on all coins right now, that's what happens when alts are pumped sky high and Bitcoin has also been to a smaller degree. I'm not surprised about the alt part but I feel a little bad for newer Bitcoiners who just bought in. Tough way to start, but it gets harder.
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Eastshore.xyz is reputable and they mark most items with a value of $90; they ship from China but they have low prices on certain miners and they're good with shipping. Just watch out for FedEx fees and such, they are usually more than customs if any. Their prices for the Ebit E9 are nice, and those miners are good and relatively efficient. Just note the GUI is in mostly Chinese, you should be able to set it up without translating if you do choose to buy it though.
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hashnet stock updated but the price is like high in air 3600 USD
What do you think about this price of 3600 USD on hashnet ? If you want to mine the L3+'s they have already deployed for their own use, and as A 'hedge' for them too boot, risk wise of too many miners, you are gonna overpay BIG using hashnet. Yep, big bucks to pry them away from the data halls to hashnet. Considering you can buy em with a PSU from Bittawm plus shipping in the US 3600 it's just ridiculous. It's nice for those of us that don't want a noisy as hell miner in our house though, and ROI is reasonable on them. I might consider buying up a little bit in the future. Even looking at Hashnest PPS the reward is going down real quick, August batch buyers beware of difficulty. LTC mining calculators will be very wrong and we could be seeing an absolute bomb in terms of difficulty soon. |
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Looks like whoever's been pumping this has been buying up and holding the previous dumps back, and they finally dumped all of their coins on us today. Interesting to see. We will have to see what's in store for us this week and in June, but you have to remember this is just the beginning. Segwit launches in August and that'll be the spark to our rocket.
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Shaking out weak hands like always with such price rises. A significant correction like this was going to happen, you should've been ready for it. Just wait until the Asian market comes back into play and price will start to pump right back up again. Cashed out a little bit in the form of BTC mining gear as I have relatively cheap electrical rates so not a huge loss for me. Business as usual!
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Not just Bitcoin that's falling, most crypto is losing value right now. Interesting since most of the time when a situation like this happens, since it's usually those alts going up. Once we reach the bottom it'd likely be a good time to buy.
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Bitcoin has variance in terms of pricing and if you can't deal with it, don't use it. All coins and fiat currencies have changes in price, it's not only a Bitcoin thing. Selling during drops is even worse considering you'll probably be seeing a price higher than the previous day with these current trends. For the past several days the trend has been rise, drop, and rise, rinse and repeat. Just wait a little bit, patience goes a long way.
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just wanna remind all of you that less than 30 min ago i told you all that dump was incoming. of course, no merit for me, i heard it somewhere else. im just here for the beliebers tears   gimme some hate boys, no more lambos for ya EDIT: dont hate me too much, i used to be a bambi belieber too. now someone post one of those matrix neo images pls It's a correction, and we've been in for once since we went up without a big one. We are going back in in just a little while, not a huge dump. Was a huge volume dump as well, nearly 7000 coins. |
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Down to USD 2640 on Bitstamp.
Kind of glad ... would be good to hover a few days around that mark so we don't really have an artificial pump on our hands ;-)
really ?? lol We'd go down faster if the pump just goes up like it did in 2013, and probably not even where we are now. Better to have at least semi-realistic artificial growth than a pump that lasts a few minutes. |
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Just an FYI,the Baikal Mini Miner goes for about $384 (now $584) or.24BTC (no correction in price on their site since the spike from $1400 or so)if I remember correctly,so this is a premium price,do your research on what coins this mines & the profitability of those coins  Well their site is out of stock on everything. Even the best price I could find on AliBaba for bulk was 800/Unit. They are selling for over $1000 on eBay regularly. I know what coins this can mine. DASH is X11 and it's price has nearly doubled in the last week. It's nearly at $150USD and rising with strong upward indicators, so I don't really know what your talking about in terms of profitability being low. It's at an all time high (at least for X11.) Plus X11 is a very popular algo for new coins, and the multi-algo support means that it has the potential to mine a multitude of new coins as they may arise, or as existing coins may rise in value. I can mine at least .4 DASH a week with this. $70 a week is not bad. Plus considering that DASH is on the rise, that can easily be $100 or more a week. Yes network difficulty rising could be a factor, but the factis there really aren't many X11 miners on the market or being actively produced, so a dramatic rise in hash rate and difficulty is unlikely. As far as "these going for $384," please show me a link to any Baikal miner currently for sale that is at this price. Unless you have a secret source, I highly doubt you'll find any of these for under a grand. If that was the case they wouldn't be selling for over a grand on eBay, over a grand on aliexpress, and just under a grand for bulk orders on alibaba. I suggest you do your research on X11 coins and profitability. tl;dr this person has no idea what they are talking about. Anyone who's been on the market for a Baikal can tell you you won't find one for under $900-$1000. And he clearly has not checked the price of DASH in the last 3 days. Just a "buyer beware" to the noobs man....chill out.If you take offense that easily then you might be a scammer!! LOL  I'm dealing with him for a 2 blade Antminer S7 with forum escrow. If it works out I'll update this post or post a new one. He seem so legit for now but he wants escrow through a non forum site which I don't like. |
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