If BTC doesn't close this week above $3000 gpu mining is done

[rdluffy]

The market is not so volatile...
people are more volatile than anything

2 or 3 days is enough to think the whole cryptos are going to end, to stop mining etc

Cryptos up for months = cool, I love cryptos, Cryptos are the future

Cryptos down for 2 days = OMG run to the hills

yup lol , my portfolio was at 10k friday now its back too 25k

panic in a volatile market is dumb , when stuff goes down near 100 percent in a few days you have to know its irrational fear and HODL

Totally agree with you

Every single time I hodl I won
on the very beginning when I invested my first money, I panic sold, but just one time and I learned

[1715391213]

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[1715391213]

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[QuintLeo]

and  my  paid for 1080ti's are turning profit as I type.

If you paid $700 then you are deluding yourself, based on the data and profitability since june you never even got 50% out of the $700 with it.

 Why were you ASSUMING June?

 There are quite a few of us that were mining ZEC (for example) LATE LAST YEAR when it first showed up.

 I missed out on the first day, but I STILL made a killing the first week or so before the price collapsed far enough to put ZEC in "the bucket".

[antantti]

BTC closed above $3000 so I'm locking this thread, will open new one before next test.

[antantti]

Pumping this ancient thread, 15 months later we are looking at that $3,000 barrier again.

GPU mining has gone down the toilet long time ago, only some hard core guys left.

Looking back that 15 months, what has fundamentally changed? Add one more year, 27 months, what has changed? Meh.

Moon boys always told you when that big FIAT crash comes all that money flows into crypto, right now looks like we are getting closer to that 'old money' crash, you guys still feel comfortable with your crypto investments?

Happy mining & holidays!

[Metroid]

Mining in 2018 as I predicted is dead, crypto far from it, now is time to sit tight and wait when manipulators start buying back and pump btc to 100k cause it will happen in 2021.

[gsrcrxsi314]

Mining in 2018 as I predicted is dead, crypto far from it, now is time to sit tight and wait when manipulators start buying back and pump btc to 100k cause it will happen in 2021.

you also predicted eth to 0.5BTC LOL. never happened.

[Number6]

Mining in 2018 as I predicted is dead, crypto far from it, now is time to sit tight and wait when manipulators start buying back and pump btc to 100k cause it will happen in 2021.

you also predicted eth to 0.5BTC LOL. never happened.

I suppose if someone makes enough predictions, a few of them are bound to come true.

[Metroid]

Mining in 2018 as I predicted is dead, crypto far from it, now is time to sit tight and wait when manipulators start buying back and pump btc to 100k cause it will happen in 2021.

you also predicted eth to 0.5BTC LOL. never happened.

I suppose if someone makes enough predictions, a few of them are bound to come true.

I created a thread about it and it was my first and last thread created here till this moment which means i really meant to.

[ikicha]

Now, $3300 and Alt crash too
Capitulation?
GPU Dead?
ASIC Dead?
Miner Dead?
Crypto Dead?

[Metroid]

Now, $3300 and Alt crash too
Capitulation?
GPU Dead?
ASIC Dead?
Miner Dead?
Crypto Dead?

That is what manipulators want you trolls to think, then after the "no hope" concept is spread then they start buying everything to fill their wallets for the next run to 100k, it has been like this for the past 9 years.

[GarySeven]

Now, $3300 and Alt crash too
Capitulation? Soon
GPU Dead? Yes
ASIC Dead? No
Miner Dead? Just partly dead
Crypto Dead? NEVER!!!!

[Number6]

Now, $3300 and Alt crash too
Capitulation?
GPU Dead?
ASIC Dead?
Miner Dead?
Crypto Dead?

That is what manipulators want you trolls to think, then after the "no hope" concept is spread then they start buying everything to fill their wallets for the next run to 100k, it has been like this for the past 9 years.

Agreed, I'll be looking to buy here soon too, but just a question of when.

[Pennywis3]

You should mine now more than even, when it rebounds your gonna make some serious cash.

And yes, it always rebounds, there's too much money, development and hardware behind this to fail.

[lunobird]

You should mine now more than even, when it rebounds your gonna make some serious cash.

And yes, it always rebounds, there's too much money, development and hardware behind this to fail.

Have patience moonboy. It's a marathon not a Sprint.
Yes we all know it will rebound eventually in 2020-2021
No you should not mine at a loss in 2019

[MinedTangerine]

Subject says it all. Just saying.

yeah and is going to be so much fun hehe, i think eth will break out from btc soon, likely to hit 0.5 btc in few weeks.

ETH is going down hard. All that was keeping it up was ICO. Those who bought it at high prices are going to cry. With GPU mining you can at least sell the HW. Not that I advice buying it now. That would be stupid.

[swogerino]

I believe in the future of crypto and I am the only one from my friends and colleagues to have my miner still on. They all gave up by now.

I also hope that the price to go down even more until end of December and I hope to buy 2-3 mining rigs together for 2000 Euro which was the price of one in the beginning of this year. I believe in crypto unconditionally.

[DrG]

I believe in the future of crypto and I am the only one from my friends and colleagues to have my miner still on. They all gave up by now.

I also hope that the price to go down even more until end of December and I hope to buy 2-3 mining rigs together for 2000 Euro which was the price of one in the beginning of this year. I believe in crypto unconditionally.

While it may make sense to have rigs laying around I can't see what the hell you are mining unless you have insanely cheap power. Please don't tell me you're mining at a loss 

[MinedTangerine]

I believe in the future of crypto and I am the only one from my friends and colleagues to have my miner still on. They all gave up by now.

I also hope that the price to go down even more until end of December and I hope to buy 2-3 mining rigs together for 2000 Euro which was the price of one in the beginning of this year. I believe in crypto unconditionally.

I also beleive its going to come back with a vengeance. Now everything is on amazing discount. Buying BTC when it hits the bottom is a no brainer for me. BTC is the safest bet probably as it will always be a store of value. As for GPU mining, if you believe that it will have a comeback then its good time to buy used GPUs. Otherwise don't. FGPA started to seriously affect the mining. Although I did not expect them to.

[Rastanan]

I believe in the future of crypto and I am the only one from my friends and colleagues to have my miner still on. They all gave up by now.

I also hope that the price to go down even more until end of December and I hope to buy 2-3 mining rigs together for 2000 Euro which was the price of one in the beginning of this year. I believe in crypto unconditionally.

I also beleive its going to come back with a vengeance. Now everything is on amazing discount. Buying BTC when it hits the bottom is a no brainer for me. BTC is the safest bet probably as it will always be a store of value. As for GPU mining, if you believe that it will have a comeback then its good time to buy used GPUs. Otherwise don't. FGPA started to seriously affect the mining. Although I did not expect them to.

For the time being, it is better to buy the coins directly than mining if you have to pay for electricity.

[BitBustah]

A lot of people are mining at loss because of the heat their miners are generating during winter.  It's cheaper for them to run a heater that actually returns some of the cost.  This is one of the reasons the hash rate isn't dropping that much.  Mining has such an easy barrier to entry so it will never be extremely profitable unless you are speculating on new coins that are under the radar.