No one really needs or values your warning or opinions, because you don't know how to properly convey them. Hopefully people aren't out there paying insane prices for gpu's without really knowing that they're doing it, but of course it's happening to an extent. However, we can do our own research and form our own opinions without the help of a fear mongering, halfwit like yourself.
So I went back and looked at Metroid's post because and he has a history of spreading FUD. Not sure how this thread is 5 pages long already but ppl need to know this guy is a nut job. Below are some classic example of this guys retarded trolling. Hope others can see it for what it is. Enjoy the read I picked some of the best posts for your viewing pleasure:
Sept. 20, 2017:
Only stupid people would exchange eth for gpus to mine eth right now, eth forks are coming and there are too many good news about the fork, I'm seeing at least 300% rise in few weeks, eth might even reach 0.5 btc and that is being conservative.
You need to understand that when eth rises it rises many times in few hours. ETH might reach 0.5 btc tomorrow.
And if you spend on a mining rig then will take at least 1 year and 6 months for you to get the same eth amount you have right now.
Nov 4, 2017: Recommending eth only whereas in reality btc hit ATH in Dec. as did many other coins
buy $30000 btc $20000 ETH and enjoy your sleep.
mining only really makes money when speculation makes a lot more.
I would do what this guy is saying, and buy only eth cause it is very undervalued right now.
After byzantine fork: saying miners lost 15% we actually didnt. It was the same and I have numbers to prove it. Again spreading FUD without actual testing.
The reward dropped from 5 to 3 and the difficulty dropped from 3 to 2.1, so you miners lost 40% on the reward and gained 25% on the difficulty, block times from 30 to 15 seconds is related to the difficulty. Many trolls said with this update, you would be earning more money, which is not true as it stands. So meaning, you stupid miners are earning 15% less money with this update, correct me if I'm wrong or missed something.
Oct 2017:Replying to say if Eth mining is profitable. Anyone can see that it still is profitable to this very day.
no.
Oct 9, 2017: Saying that ltc will soon be like ghost. Till this day L3+ and S9 are the most profitable Asics out there.
That is the problem when you dont have control over the market, at least on the btc scene is good, on xghost no and on ltc soon will be the same as xghost.
Oct 2017: Apparently a 4k mining investment will take 2 years (if experienced) while otherwise will take 3 years or so
If you invest right now, you will get those $4k back in 2 years or so if you are an experienced miner, if not then expect 3 years or so.
A few months later Zec hit ATH but this guy was saying 0.5btc any day. Yeah metroid no thank you.
My opinion is change all your zcash or any other coin you have to eth very fast cause eth is about to break and hit 0.5 btc in few days. It might go higher than that. Thank me later and don't forget to thank me.
Sept 2017: Mining since has become so profitable that the cards have become scarce but had we listened to this troll we would have lost out of on so much.
You trolls have to be very careful saying profitability will be higher than now cause noobs see that as reassurance of their stupidity that might come to fruition hehe
Hope you all can see this persons fixation with mining and discouraging everyone from it. Metroid if you cant mine for whatever reason stop pissing in everyone else cereal ffs.
