Do you think I should rely on altcoin GPU mining?

[Yatsan]

it was not temporary, 6 months ago, i doubt it can fall now, there is a well built infrastructure now, big investments all over the place, it will not collapse any time soon

when bitcoin will reocover from the last hack and okcoin shit, things will be very interesting, this is just another dead time...

May I ask that what exactly you mean by "any time soon"? A month, year or what?

According to whattomine.com, currently if I buy 10 of those GPU's, I'll be making $20 profit every day right now.

It depends on if you have cheaper electricity or not.

The difficulty is rising about 30% a month in the last few months. If the trend continues, not many many people will make profit.

[crairezx20]

it was not temporary, 6 months ago, i doubt it can fall now, there is a well built infrastructure now, big investments all over the place, it will not collapse any time soon

when bitcoin will reocover from the last hack and okcoin shit, things will be very interesting, this is just another dead time...

May I ask that what exactly you mean by "any time soon"? A month, year or what?

According to whattomine.com, currently if I buy 10 of those GPU's, I'll be making $20 profit every day right now.

It depends on if you have cheaper electricity or not.

The difficulty is rising about 30% a month in the last few months. If the trend continues, not many many people will make profit.

Yeah your right but dont always focus in one altcoin if you are not making a profit in that altcoin find other altcoin with low difficulty..
So that you will not waste your time in mining in not profitable coins.

[hatshepsut93]

it was not temporary, 6 months ago, i doubt it can fall now, there is a well built infrastructure now, big investments all over the place, it will not collapse any time soon

when bitcoin will reocover from the last hack and okcoin shit, things will be very interesting, this is just another dead time...

May I ask that what exactly you mean by "any time soon"? A month, year or what?

According to whattomine.com, currently if I buy 10 of those GPU's, I'll be making $20 profit every day right now.

Don't rely on whattomine, it lags sometimes, you can easily do your own calculation, just take hashrates and block rewards from official sources.

As for GTX 1070, in worst case you can mine ETH, but you should be aiming for dualmining or other algos (you'll need to do your own research here).