lol so many newbs flooding the forum asking same questions

[reids]

you need to suplement this with trading investing in Icos buying low selling high or just holding some of

the good assets.  I make more from Ico,s and trading selling on paxful for 20 percent profit than i make mining

No ICO has beaten Eths growth yet (aka you'd be better off saving your Eth rather than investing and then selling).....You'd be better off just holding.

[Pennywis3]

Makes me cry looking at all the Eth Ive mined and sold since I started a year ago  
Makes me cry even more when I remember all those comments telling me to just buy and hold Eth instead of spending on mining  

i feel you... same here...sold 100 eth @ 40$, but let's learn from it? selling 1/3 to cover the cost and holding 2/3

lol i sold over 10k eth at low ass prices makes me sick everytime i think of it.  Thats why i spend more time trading now

theres more money made playing the markets than mining and dumping from the way prices fluctuate

I agree.
Exchanges are the way to go atm, lots more can be made this way.

[64dimensions]

What is the upside to gloating?

[nerdralph]

Makes me cry looking at all the Eth Ive mined and sold since I started a year ago  
Makes me cry even more when I remember all those comments telling me to just buy and hold Eth instead of spending on mining  

i feel you... same here...sold 100 eth @ 40$, but let's learn from it? selling 1/3 to cover the cost and holding 2/3

lol i sold over 10k eth at low ass prices makes me sick everytime i think of it.  Thats why i spend more time trading now

theres more money made playing the markets than mining and dumping from the way prices fluctuate

I agree there has been more money to be made from trading over the last few months, but can you say that will continue for the next few months?
Aside from December 2016 when the price dropped below $10, I've sold most of my eth as I mined it.

AMD has GF pumping out more wafers, which means higher production volumes of GPUs will be hitting the market.  If demand keeps up for a couple more months, I'd expect AMD to start buying even more wafers than GF has guaranteed to make available (by paying spot prices for wafer starts instead of relying on their contract terms).  In 7 months from now I'll bet you'll be able to find 4GB Rx 570 cards back in stock at the usual suppliers, selling for <= US$175.

[xleejohnx]

Makes me cry looking at all the Eth Ive mined and sold since I started a year ago  
Makes me cry even more when I remember all those comments telling me to just buy and hold Eth instead of spending on mining  

i feel you... same here...sold 100 eth @ 40$, but let's learn from it? selling 1/3 to cover the cost and holding 2/3

lol i sold over 10k eth at low ass prices makes me sick everytime i think of it.  Thats why i spend more time trading now

theres more money made playing the markets than mining and dumping from the way prices fluctuate

I agree.
Exchanges are the way to go atm, lots more can be made this way.

I sell it as it comes. Probably not the best way to go about thing. I mean I probably would have 100k if not more in eth right now if I held out but like the saying goes a bird In the hand is better than two in the bush

[64dimensions]

Makes me cry looking at all the Eth Ive mined and sold since I started a year ago  
Makes me cry even more when I remember all those comments telling me to just buy and hold Eth instead of spending on mining  

i feel you... same here...sold 100 eth @ 40$, but let's learn from it? selling 1/3 to cover the cost and holding 2/3

lol i sold over 10k eth at low ass prices makes me sick everytime i think of it.  Thats why i spend more time trading now

theres more money made playing the markets than mining and dumping from the way prices fluctuate

I agree there has been more money to be made from trading over the last few months, but can you say that will continue for the next few months?
Aside from December 2016 when the price dropped below $10, I've sold most of my eth as I mined it.

AMD has GF pumping out more wafers, which means higher production volumes of GPUs will be hitting the market.  If demand keeps up for a couple more months, I'd expect AMD to start buying even more wafers than GF has guaranteed to make available (by paying spot prices for wafer starts instead of relying on their contract terms).  In 7 months from now I'll bet you'll be able to find 4GB Rx 570 cards back in stock at the usual suppliers, selling for <= US$175.

NR,

Why wouldn't AMD have GF pump out vega wafers?

[nerdralph]

I agree there has been more money to be made from trading over the last few months, but can you say that will continue for the next few months?
Aside from December 2016 when the price dropped below $10, I've sold most of my eth as I mined it.

AMD has GF pumping out more wafers, which means higher production volumes of GPUs will be hitting the market.  If demand keeps up for a couple more months, I'd expect AMD to start buying even more wafers than GF has guaranteed to make available (by paying spot prices for wafer starts instead of relying on their contract terms).  In 7 months from now I'll bet you'll be able to find 4GB Rx 570 cards back in stock at the usual suppliers, selling for <= US$175.

NR,

Why wouldn't AMD have GF pump out vega wafers?

Maybe they will, IF they have no more tweaks to do on the silicon, yields are up, and IF HBM2 supplies are solid.  With the Rx 500 series being the 2nd rev of Polaris silicon on 14nm, yields should be much higher than vega, and 3rd party board makers all have designs and manufacturing capacity that they can likely ramp up.  Although prices are up a bit this spring, GDDR5 is widely available and still less expensive than HBM2 chips.

[Marvell1]

I agree there has been more money to be made from trading over the last few months, but can you say that will continue for the next few months?
Aside from December 2016 when the price dropped below $10, I've sold most of my eth as I mined it.

AMD has GF pumping out more wafers, which means higher production volumes of GPUs will be hitting the market.  If demand keeps up for a couple more months, I'd expect AMD to start buying even more wafers than GF has guaranteed to make available (by paying spot prices for wafer starts instead of relying on their contract terms).  In 7 months from now I'll bet you'll be able to find 4GB Rx 570 cards back in stock at the usual suppliers, selling for <= US$175.

NR,

Why wouldn't AMD have GF pump out vega wafers?

Maybe they will, IF they have no more tweaks to do on the silicon, yields are up, and IF HBM2 supplies are solid.  With the Rx 500 series being the 2nd rev of Polaris silicon on 14nm, yields should be much higher than vega, and 3rd party board makers all have designs and manufacturing capacity that they can likely ramp up.  Although prices are up a bit this spring, GDDR5 is widely available and still less expensive than HBM2 chips.

six months is along time to wait, honestly i think these shortages are artificial in nature, hash rates continue to go up but amd supplies i insist they are out of stock.  Meanwhile i see 100s of cards on ebay and amazon at a 50% margin
out of stock you say? hmmm ok

Its obvious some ppl are able to source Amd cards...

[deadsix]

Makes me cry looking at all the Eth Ive mined and sold since I started a year ago  
Makes me cry even more when I remember all those comments telling me to just buy and hold Eth instead of spending on mining  

i feel you... same here...sold 100 eth @ 40$, but let's learn from it? selling 1/3 to cover the cost and holding 2/3

lol i sold over 10k eth at low ass prices makes me sick everytime i think of it.  Thats why i spend more time trading now

theres more money made playing the markets than mining and dumping from the way prices fluctuate

Damn. You loss outstrips mine, and that makes me feel a little better. Thanks Marvel  

I agree there has been more money to be made from trading over the last few months, but can you say that will continue for the next few months?
Aside from December 2016 when the price dropped below $10, I've sold most of my eth as I mined it.

True, but mining was supposed to be a "risk" when we began a year ago, might as well go all in when taking risks. Then again, hindsight is 20/20.

[philipma1957]

What is the upside to gloating?

I was going to rant against op  decided not to.

but this is a good comment.

[Tmdz]

I agree there has been more money to be made from trading over the last few months, but can you say that will continue for the next few months?
Aside from December 2016 when the price dropped below $10, I've sold most of my eth as I mined it.

AMD has GF pumping out more wafers, which means higher production volumes of GPUs will be hitting the market.  If demand keeps up for a couple more months, I'd expect AMD to start buying even more wafers than GF has guaranteed to make available (by paying spot prices for wafer starts instead of relying on their contract terms).  In 7 months from now I'll bet you'll be able to find 4GB Rx 570 cards back in stock at the usual suppliers, selling for <= US$175.

NR,

Why wouldn't AMD have GF pump out vega wafers?

Maybe they will, IF they have no more tweaks to do on the silicon, yields are up, and IF HBM2 supplies are solid.  With the Rx 500 series being the 2nd rev of Polaris silicon on 14nm, yields should be much higher than vega, and 3rd party board makers all have designs and manufacturing capacity that they can likely ramp up.  Although prices are up a bit this spring, GDDR5 is widely available and still less expensive than HBM2 chips.

six months is along time to wait, honestly i think these shortages are artificial in nature, hash rates continue to go up but amd supplies i insist they are out of stock.  Meanwhile i see 100s of cards on ebay and amazon at a 50% margin
out of stock you say? hmmm ok

Its obvious some ppl are able to source Amd cards...

Anyone can source AMD cards.

You have to pre-order and wait (~1 month), those are the people who can sell them at crazy profit.

The ones who don't want to wait pay the inflated prices.

[64dimensions]

I agree there has been more money to be made from trading over the last few months, but can you say that will continue for the next few months?
Aside from December 2016 when the price dropped below $10, I've sold most of my eth as I mined it.

AMD has GF pumping out more wafers, which means higher production volumes of GPUs will be hitting the market.  If demand keeps up for a couple more months, I'd expect AMD to start buying even more wafers than GF has guaranteed to make available (by paying spot prices for wafer starts instead of relying on their contract terms).  In 7 months from now I'll bet you'll be able to find 4GB Rx 570 cards back in stock at the usual suppliers, selling for <= US$175.

NR,

Why wouldn't AMD have GF pump out vega wafers?

Maybe they will, IF they have no more tweaks to do on the silicon, yields are up, and IF HBM2 supplies are solid.  With the Rx 500 series being the 2nd rev of Polaris silicon on 14nm, yields should be much higher than vega, and 3rd party board makers all have designs and manufacturing capacity that they can likely ramp up.  Although prices are up a bit this spring, GDDR5 is widely available and still less expensive than HBM2 chips.

six months is along time to wait, honestly i think these shortages are artificial in nature, hash rates continue to go up but amd supplies i insist they are out of stock.  Meanwhile i see 100s of cards on ebay and amazon at a 50% margin
out of stock you say? hmmm ok

Its obvious some ppl are able to source Amd cards...

Anyone can source AMD cards.

You have to pre-order and wait (~1 month), those are the people who can sell them at crazy profit.

The ones who don't want to wait pay the inflated prices.

I personally don't think just anyone can go this route. I think at least only people who would have inside info on production schedules. Knowing how far away POS would be helpful too. Who would want hundreds of new XFX R9 380x's on their hands with thousands of sapphire 480's hitting the shelves.

[antantti]

I agree there has been more money to be made from trading over the last few months, but can you say that will continue for the next few months?

As long as there is volatility there are profits made, if cryptomarket crashes those who shorted are going to make loads of fiat.

Times like this when for example btc is +/- $100 daily are a goldmine for traders. No need for the market to move up, as long as it is moving somewhere cash is flowing in.

During the last 16 months many people invested loads of money to mining hardware, they were so sure that this market is going to grow faster than nethash that it is worth the risk.

Big question is, if they were so sure, why didn't they buy into something? At least one rig out of ten?

[Vann]

IMO, a mining rig is about lowering your risk exposure. ATM a mining rig will pay itself off in 2-3 months. After that even if mining becomes totally unprofitable, you still have the hardware that can be repurposed towards a new coin without any additional investment other than the power costs, or resold to recoup a good part of the original investment. With ICO's and trading you could be left holding the bag or scammed as many have in the past. With mining you are also providing a service for the network, by helping processing transactions and decentralizing it.

[virasog]

Most of the time, at least in the past, 80% of these new people, attracted by price, come for a short period and then go, losing interest or getting confused.  That can mean a lot more blockchain traffic, a lot more small time mining, more exchange traffic and thusly more exchange mistakes that either alter a coins price by error or cause someone to get a great deal.  

[Sweetbtc]

The main problem is that many of these people are burning coins without knowing it.  They open a wallet, play around, get some coins in the wallet and wander away, passphrase/private keys either lost of discarded

[BitcoinsGreat]

The main problem is that many of these people are burning coins without knowing it.  They open a wallet, play around, get some coins in the wallet and wander away, passphrase/private keys either lost of discarded

Small amounts most of the time, but when done in large numbers by many people, it can mean a few forever lost Bitcoins. Also flooding the same questions means lack of reading by the newbies.
 

[Marvell1]

The main problem is that many of these people are burning coins without knowing it.  They open a wallet, play around, get some coins in the wallet and wander away, passphrase/private keys either lost of discarded

Small amounts most of the time, but when done in large numbers by many people, it can mean a few forever lost Bitcoins. Also flooding the same questions means lack of reading by the newbies.
 

yeah the duplicate questions are the main sign, 1070 vs 580 , how  does a riser work, Whyyyy does claymore have a fee?, What mother bosrd handles six card etc etc

worry about getting 3 cards working first b4 you go for six with ur 800 watt psu

I find the whole thing funny, Rant against me if you want , sure we were all noobs at one time but , most of my info

was learned by trying what other folks did, searching forums and some trial and error

no one wants to even do any reseach of thier own and they expect to make bank lol.

by flooding the forum with the same questions over and over they are actuslly making it harder to find the info the need smh

[Marvell1]

What is the upside to gloating?

I was going to rant against op  decided not to.

but this is a good comment.

then why did u even post rant away bruh lol

[slackert]

There is no way this can sustain for mining. I went to Fry's today and the guy told me they sold 60 cards yesterday.......at one location. People are crazy dropping 6-10 grand and not knowing what they are doing.