Digital Drug Lord (OP)
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Activity: 294
Merit: 12
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February 01, 2018, 12:12:43 AM |
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but the card prices keep going up....
and no dont tell me bitcoin is down, its still $10,000 a coin!!!
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ferall
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February 01, 2018, 12:16:03 AM |
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Well stop using nicehash. Mine a coin and hope it’s value increases massively.
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gotminer
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Activity: 644
Merit: 24
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February 01, 2018, 12:26:56 AM |
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but the card prices keep going up....
and no dont tell me bitcoin is down, its still $10,000 a coin!!!
Ohhhhhhhhhhhhhh noooooooooooooo!!! The sky is falling!!!!!!! Run while you still can!!!!! Lol. Card prices aren't up that much from MSRP with legit retailers. Problem is legit retailers don't have stock. So you wait! Simple as that. Not sure how many times I have to tell you this. It's becoming a daily thing I think. You don't know the difference between a legit retailer and a reseller. See your other thread where I explained it to you. |
Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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malthrax
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February 01, 2018, 01:13:29 AM |
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PEBCAK
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Juggar
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February 01, 2018, 01:15:37 AM |
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but the card prices keep going up....
and no dont tell me bitcoin is down, its still $10,000 a coin!!!
What going on with you buddy? Why do you start all these nonsense threads? |
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PcEnthusiast
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February 01, 2018, 01:35:13 AM |
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The problem is you are cashing out and not holding till market value comes up. Hold and that 2 dollars today 30 days from now maybe worth 6 dollars. Mining is not a get rich quick unless you hit the jackpot mining a coin with no value that goes to the moon. Just my 2 cents.
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gotminer
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February 01, 2018, 01:38:20 AM |
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The problem is you are cashing out and not holding till market value comes up. Hold and that 2 dollars today 30 days from now maybe worth 6 dollars. Mining is not a get rich quick unless you hit the jackpot mining a coin with no value that goes to the moon. Just my 2 cents.
Exactly ... And it is moronic to track daily in fiat value even if you are not cashing out daily. The exchange rate to fiat is constantly changing. |
Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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MiningDoc
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Activity: 98
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February 01, 2018, 01:40:04 AM |
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hmmm, why not just buy a less expensive card that mines more per day. I'm still getting $2.25 per day with my 570's that only cost me $200 over a month ago only drawing 88 watts each. They seem to always be in stock.
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MiningDoc
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Activity: 98
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February 01, 2018, 01:47:54 AM |
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The problem is you are cashing out and not holding till market value comes up. Hold and that 2 dollars today 30 days from now maybe worth 6 dollars. Mining is not a get rich quick unless you hit the jackpot mining a coin with no value that goes to the moon. Just my 2 cents.
Exactly ... And it is moronic to track daily in fiat value even if you are not cashing out daily. The exchange rate to fiat is constantly changing. Some people cash out frequently to convert to fiat to pay their electric bills..... I cash out 3-4 times per month just for that reason. Or once per month if the prices are good. |
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PcEnthusiast
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February 01, 2018, 02:03:26 AM |
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The problem is you are cashing out and not holding till market value comes up. Hold and that 2 dollars today 30 days from now maybe worth 6 dollars. Mining is not a get rich quick unless you hit the jackpot mining a coin with no value that goes to the moon. Just my 2 cents.
Exactly ... And it is moronic to track daily in fiat value even if you are not cashing out daily. The exchange rate to fiat is constantly changing. Some people cash out frequently to convert to fiat to pay their electric bills..... I cash out 3-4 times per month just for that reason. Or once per month if the prices are good. Well I can understand that but you can't complain if you cash out you have to live with that choice. Everyones circumstance is different but in the end we all have to be satisfied in our choices in the end. |
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gotminer
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Activity: 644
Merit: 24
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February 01, 2018, 02:08:27 AM |
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The problem is you are cashing out and not holding till market value comes up. Hold and that 2 dollars today 30 days from now maybe worth 6 dollars. Mining is not a get rich quick unless you hit the jackpot mining a coin with no value that goes to the moon. Just my 2 cents.
Exactly ... And it is moronic to track daily in fiat value even if you are not cashing out daily. The exchange rate to fiat is constantly changing. Some people cash out frequently to convert to fiat to pay their electric bills..... I cash out 3-4 times per month just for that reason. Or once per month if the prices are good. Well I can understand that but you can't complain if you cash out you have to live with that choice. Everyones circumstance is different but in the end we all have to be satisfied in our choices in the end. Do you pay your electric bill 3-4 times a month? I pay mine once a month. Just front it with your other money and cash out for a few months of electricity when it's good to do it. If anyone thinks this is a short term thing, they are dreaming. |
Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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Digital Drug Lord (OP)
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Activity: 294
Merit: 12
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February 01, 2018, 02:34:12 AM |
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hmmm, why not just buy a less expensive card that mines more per day. I'm still getting $2.25 per day with my 570's that only cost me $200 over a month ago only drawing 88 watts each. They seem to always be in stock.
for now im just mining shit coins in hope they blow up, but every single coin started out as a shit coin, even bit coin nobody took serious. when the does price of these GPU go down? |
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bk2000
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February 01, 2018, 02:44:44 AM |
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We'll have to see if the ongoing price correction ever transfers over to the gpu market. Interesting to see really minimal price declines so far.
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friendlychap
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February 01, 2018, 02:47:09 AM |
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Mining is no longer profitable for home miners, unfortunately decentralized technology became centralized due to interests of these who hold 99% of the riches. Basically same story than our banks, within 1 year only...
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MiningDoc
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Activity: 98
Merit: 12
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February 01, 2018, 02:56:28 AM |
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The problem is you are cashing out and not holding till market value comes up. Hold and that 2 dollars today 30 days from now maybe worth 6 dollars. Mining is not a get rich quick unless you hit the jackpot mining a coin with no value that goes to the moon. Just my 2 cents.
Exactly ... And it is moronic to track daily in fiat value even if you are not cashing out daily. The exchange rate to fiat is constantly changing. Some people cash out frequently to convert to fiat to pay their electric bills..... I cash out 3-4 times per month just for that reason. Or once per month if the prices are good. Well I can understand that but you can't complain if you cash out you have to live with that choice. Everyones circumstance is different but in the end we all have to be satisfied in our choices in the end. Do you pay your electric bill 3-4 times a month? I pay mine once a month. Just front it with your other money and cash out for a few months of electricity when it's good to do it. If anyone thinks this is a short term thing, they are dreaming. Nope once per month, but I cash out depending on the ebb and flow of the price of coins. If you cash out 1 day then you might not be cashing out at the most optimum time. I do it as I go along. a $320 electric bill each month isn't difficult to pay for with the least amount of coin if you time it correctly once a week. |
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gotminer
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Activity: 644
Merit: 24
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February 01, 2018, 03:24:42 AM |
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hmmm, why not just buy a less expensive card that mines more per day. I'm still getting $2.25 per day with my 570's that only cost me $200 over a month ago only drawing 88 watts each. They seem to always be in stock.
for now im just mining shit coins in hope they blow up, but every single coin started out as a shit coin, even bit coin nobody took serious. when the does price of these GPU go down? You're mining with 2 gpu's? I mean come on ... Expect some little profits if you do it right, but don't expect your Lambo in six months ... Lol. |
Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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gotminer
Member
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Activity: 644
Merit: 24
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February 01, 2018, 03:27:39 AM |
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Mining is no longer profitable for home miners, unfortunately decentralized technology became centralized due to interests of these who hold 99% of the riches. Basically same story than our banks, within 1 year only...
True that ... Can I buy your gpu's really cheap? Lol. I don't care how old they are, I will give you 40 cents each plus shipping. |
Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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gotminer
Member
Offline
Activity: 644
Merit: 24
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February 01, 2018, 03:31:45 AM |
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The problem is you are cashing out and not holding till market value comes up. Hold and that 2 dollars today 30 days from now maybe worth 6 dollars. Mining is not a get rich quick unless you hit the jackpot mining a coin with no value that goes to the moon. Just my 2 cents.
Exactly ... And it is moronic to track daily in fiat value even if you are not cashing out daily. The exchange rate to fiat is constantly changing. Some people cash out frequently to convert to fiat to pay their electric bills..... I cash out 3-4 times per month just for that reason. Or once per month if the prices are good. Well I can understand that but you can't complain if you cash out you have to live with that choice. Everyones circumstance is different but in the end we all have to be satisfied in our choices in the end. Do you pay your electric bill 3-4 times a month? I pay mine once a month. Just front it with your other money and cash out for a few months of electricity when it's good to do it. If anyone thinks this is a short term thing, they are dreaming. Nope once per month, but I cash out depending on the ebb and flow of the price of coins. If you cash out 1 day then you might not be cashing out at the most optimum time. I do it as I go along. a $320 electric bill each month isn't difficult to pay for with the least amount of coin if you time it correctly once a week. As someone else said i guess ... Everyones situation is different ... I have a full time job, so paying to power my small 24 gpu mining operation out of regular income isn't that big of a deal, until I feel that it's worth cashing out a bit for electricity costs. I just wouldn't do it multiple times a month over the past a 6 weeks. |
Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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MiningDoc
Member
Offline
Activity: 98
Merit: 12
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February 01, 2018, 03:32:05 AM |
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Mining is no longer profitable for home miners, unfortunately decentralized technology became centralized due to interests of these who hold 99% of the riches. Basically same story than our banks, within 1 year only...
True that ... Can I buy your gpu's really cheap? Lol. I don't care how old they are, I will give you 40 cents each plus shipping. ^^^^ wait, i will offer 41 cents per.........  |
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