philipma1957
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June 12, 2024, 10:37:10 PM |
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After seeing all the super-computers in here, my i7-5820 isn't cutting it anymore. I'm going to have to get more serious about my desktop upgrade. I just bought my youngest a 16" Lenovo Slim 5 with a Ryzen 5-7530U so I could take back my little 13" Asus Zenbook (I love the all metal case) and it's much more powerful than my desktop. Heck, the Zenbook isn't much slower than my desktop. This will not stand, ya know, this aggression will not stand, man.hey I have a nice thread ripper rig sitting in a box. 128gb ram aorus nvme2 500gb ssd and 20 or 30 rtx 3090 gpus it would crush your i7-5820
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xhomerx10
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June 12, 2024, 10:41:49 PM |
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After seeing all the super-computers in here, my i7-5820 isn't cutting it anymore. I'm going to have to get more serious about my desktop upgrade. I just bought my youngest a 16" Lenovo Slim 5 with a Ryzen 5-7530U so I could take back my little 13" Asus Zenbook (I love the all metal case) and it's much more powerful than my desktop. Heck, the Zenbook isn't much slower than my desktop. This will not stand, ya know, this aggression will not stand, man.hey I have a nice thread ripper rig sitting in a box. 128gb ram aorus nvme2 500gb ssd and 20 or 30 rtx 3090 gpus it would crush your i7-5820 You bastard! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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danadc
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June 12, 2024, 10:43:45 PM Merited by JayJuanGee (1) |
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It is just that the Issue of how Buyers , whales , and Institutions can Influence Bitcoin is Something that interests me a lot I found this Article that talks about how they have left their long Positions , Which is not bad at All for it to be a Good time for the Price to rise to $73k again. Institutional Investors Show Growing Interest in Market-Neutral Bitcoin StrategiesAs reported, major Bitcoin investors have recently opened massive long positions on the flagship cryptocurrency via popular cryptocurrency exchanges Bybit and HTX at around $69,000.
That’s according to Ki Young Ju, CEO of cryptocurrency analytics firm CryptoQuant, who pointed out that these massive long positions are interesting in light of similar activity seen back in August 2023, when Bitcoin whales opened large long positions on BTC ahead of a parabolic price rise that saw the cryptocurrency move from around $25,000 to a new all-time high above $73,500. Original Source: https://www.cryptoglobe.com/latest/2024/06/institutional-investors-show-growing-interest-in-market-neutral-bitcoin-strategies/If they have these long Positions , it means that it is very likely to see a good Turnaround of high Prices Again.
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fillippone
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Fully fledged Merit Cycler - Golden Feather 22-23
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It is just that the Issue of how Buyers , whales , and Institutions can Influence Bitcoin is Something that interests me a lot I found this Article that talks about how they have left their long Positions , Which is not bad at All for it to be a Good time for the Price to rise to $73k again. Institutional Investors Show Growing Interest in Market-Neutral Bitcoin StrategiesAs reported, major Bitcoin investors have recently opened massive long positions on the flagship cryptocurrency via popular cryptocurrency exchanges Bybit and HTX at around $69,000.
That’s according to Ki Young Ju, CEO of cryptocurrency analytics firm CryptoQuant, who pointed out that these massive long positions are interesting in light of similar activity seen back in August 2023, when Bitcoin whales opened large long positions on BTC ahead of a parabolic price rise that saw the cryptocurrency move from around $25,000 to a new all-time high above $73,500. Original Source: https://www.cryptoglobe.com/latest/2024/06/institutional-investors-show-growing-interest-in-market-neutral-bitcoin-strategies/If they have these long Positions , it means that it is very likely to see a good Turnaround of high Prices Again. This is just nonsense. Market neutral positions are… neutral. If someone is amassing long outright positions, this tells a little about coming prices. You know, when there is pain in the market, some is going to make it happen.
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ChartBuddy
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June 12, 2024, 11:01:15 PM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2023%2F05%2F13%2Fstamptabd4c8d77ff1434356.png&t=665&c=nXv9VrDDMSywTA) ExplanationChartbuddy thanks talkimg.com
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Biodom
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June 12, 2024, 11:03:45 PM |
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After seeing all the super-computers in here, my i7-5820 isn't cutting it anymore. I'm going to have to get more serious about my desktop upgrade. I just bought my youngest a 16" Lenovo Slim 5 with a Ryzen 5-7530U so I could take back my little 13" Asus Zenbook (I love the all metal case) and it's much more powerful than my desktop. Heck, the Zenbook isn't much slower than my desktop. This will not stand, ya know, this aggression will not stand, man.hey I have a nice thread ripper rig sitting in a box. 128gb ram aorus nvme2 500gb ssd and 20 or 30 rtx 3090 gpus it would crush your i7-5820 that's about 0.3 btc right there (after 10-12% ebay fee) ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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philipma1957
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'The right to privacy matters'
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June 12, 2024, 11:30:25 PM |
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After seeing all the super-computers in here, my i7-5820 isn't cutting it anymore. I'm going to have to get more serious about my desktop upgrade. I just bought my youngest a 16" Lenovo Slim 5 with a Ryzen 5-7530U so I could take back my little 13" Asus Zenbook (I love the all metal case) and it's much more powerful than my desktop. Heck, the Zenbook isn't much slower than my desktop. This will not stand, ya know, this aggression will not stand, man.hey I have a nice thread ripper rig sitting in a box. 128gb ram aorus nvme2 500gb ssd and 20 or 30 rtx 3090 gpus it would crush your i7-5820 You bastard! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) you did a lot giving hats out for us. pm me
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ChartBuddy
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June 13, 2024, 12:01:17 AM |
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aesma
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June 13, 2024, 12:07:32 AM |
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I don't get it. What if neither extreme outcome happens ? Mining gets less profitable than just owning BTC, but still profitable enough. Couldn't that continue forever ?
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philipma1957
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June 13, 2024, 12:13:40 AM |
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I don't get it. What if neither extreme outcome happens ? Mining gets less profitable than just owning BTC, but still profitable enough. Couldn't that continue forever ? Yeah if it were LTC/Doge scrypt algo that is designed to last for hunderds of years. Strictly the mining part. I theorize a lot of the attacks on btc via the mempool and high fees are deep pocket people betting that in terms of mining scrypt ends up the winner. Maybe not five years but 2056 would be about right.
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ChartBuddy
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June 13, 2024, 01:01:15 AM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2023%2F05%2F13%2Fstamptabd4c8d77ff1434356.png&t=665&c=nXv9VrDDMSywTA) ExplanationChartbuddy thanks talkimg.com
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sirazimuth
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June 13, 2024, 01:03:26 AM Last edit: June 13, 2024, 03:53:30 AM by sirazimuth Merited by JayJuanGee (1) |
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….
Maybe not five years but 2056 would be about right.
Yeah in 2056 at age 98 I envision myself rambling on about mining shit… I mean Scrypt coins… “Well now… years ago, back in the good ole days I seem to recall….. blah blah blah repeated story blah blah….” Then the nurse at Sunny Acres that changes my diaper will be like “Now Mr Siraz, you need to stop babbling about mining for doggies and bitcoin nonsense and take your Geritol. Then we will be petting real doggies and kitty cats after lunch for relax therapy time. Then it will be nap time. We are having fish fingers, tater tots and creamed spinach for dinner so you’d best be on your very best behaviour or no strawberry jello dessert for you!”
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ChartBuddy
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June 13, 2024, 02:01:15 AM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2023%2F05%2F13%2Fstamptabd4c8d77ff1434356.png&t=665&c=nXv9VrDDMSywTA) ExplanationChartbuddy thanks talkimg.com
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June 13, 2024, 03:01:17 AM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2023%2F05%2F13%2Fstamptabd4c8d77ff1434356.png&t=665&c=nXv9VrDDMSywTA) ExplanationChartbuddy thanks talkimg.com
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xhomerx10
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June 13, 2024, 03:07:33 AM |
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After seeing all the super-computers in here, my i7-5820 isn't cutting it anymore. I'm going to have to get more serious about my desktop upgrade. I just bought my youngest a 16" Lenovo Slim 5 with a Ryzen 5-7530U so I could take back my little 13" Asus Zenbook (I love the all metal case) and it's much more powerful than my desktop. Heck, the Zenbook isn't much slower than my desktop. This will not stand, ya know, this aggression will not stand, man.hey I have a nice thread ripper rig sitting in a box. 128gb ram aorus nvme2 500gb ssd and 20 or 30 rtx 3090 gpus it would crush your i7-5820 You bastard! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) you did a lot giving hats out for us. pm me Awww thanks philipma1957, I appreciate the thought but my wife is poised, with checkbook in hand, to cut me a check for a new machine as soon as I make up my mind as to exactly what I want. I'm still trying to digest all the advice and research material you guys gave me.
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JayJuanGee
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Those who started buying/mining before 2013 should have thousands if they held a majority of btc bought or mined. 2013-2016: 20-200 btc or thereabout. After 2016- highly variable
I think that there is likely to be a lot of variance, depending both on how long someone might have been accumulating BTC and also how aggressive or whimpy such persons they might have had been in such BTC accumulation process... and maybe even accounting for some mistakes that were made along the way. Maybe we could project something like a 4-year (1 cycle) accumulation of BTC, and then maybe another cycle of maintenance which might also include some relatively small levels of additional BTC accumulation.. but maybe also largely maintaining the original amount of BTC that was largely accumulated in the first whole cycle.. so maybe something like the below for the various 4-year accumulation phases... I am not sure if I should fill in the amount invested, since it may well continue to go up, so the earlier a person got in, the less that he would have had to have invested in terms of total dollar amounts.. .and so the later would have had been higher dollar amounts and getting way fewer coins, even with way more invested. 2012-2016 = 50-400 BTC 2013-2017= 35-280 BTC 2014-2017= 25-250 BTC 2015-2018= 18-180 BTC 2016-2019= 15-130 BTC 2017-2020= 12-100 BTC 2018-2021= 10-80 BTC 2019-2022= 7-60 BTC 2020-2023= 4-45 BTC 2021-2024= 1-28 BTC 2022-2025= .021-18 BTC Need I continue? We can see where this is going. Way more capital accumulating way fewer bitcoin. 70's now gone?
You'll never see sub $70K prices ever again. That did not age well. By the way, I saw where you later said that it was a joke, and recall that even though we went down to around $56,500 around April 30, we are still having trouble getting down to some of the lower levels that you had been considering to be so probable.. yet sure, at the same time, we have not yet gotten to $80k or supra $80k numbers either.. so surely interesting times to have had been consolidating mostly between $60k and $70k for around 3.5 months-ish.
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ChartBuddy
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June 13, 2024, 04:01:15 AM |
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Biodom
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June 13, 2024, 04:34:43 AM |
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After seeing all the super-computers in here, my i7-5820 isn't cutting it anymore. I'm going to have to get more serious about my desktop upgrade. I just bought my youngest a 16" Lenovo Slim 5 with a Ryzen 5-7530U so I could take back my little 13" Asus Zenbook (I love the all metal case) and it's much more powerful than my desktop. Heck, the Zenbook isn't much slower than my desktop. This will not stand, ya know, this aggression will not stand, man.hey I have a nice thread ripper rig sitting in a box. 128gb ram aorus nvme2 500gb ssd and 20 or 30 rtx 3090 gpus it would crush your i7-5820 You bastard! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) you did a lot giving hats out for us. pm me Awww thanks philipma1957, I appreciate the thought but my wife is poised, with checkbook in hand, to cut me a check for a new machine as soon as I make up my mind as to exactly what I want. I'm still trying to digest all the advice and research material you guys gave me. Nice...don't forget to share the setup, please.
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Gachapin
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June 13, 2024, 04:38:59 AM |
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70's now gone?
You'll never see sub $70K prices ever again. are you doing reverse proudhon here ? ... unfortunately it doesn't seem to work, just like proudhons predictions
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ChartBuddy
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June 13, 2024, 05:01:14 AM |
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