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Author Topic: Tell me your plan  (Read 581 times)
Z390 (OP)
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June 15, 2022, 05:54:05 AM
 #1

What PoW altcoins you think will survive this bear market and stand strong in 2024 when bear market is getting over with? And which altcoins would you rather mine and hold for 2024 and 2025?

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June 15, 2022, 08:08:09 AM
 #2

What PoW altcoins you think will survive this bear market and stand strong in 2024 when bear market is getting over with? And which altcoins would you rather mine and hold for 2024 and 2025?
The best plan is to mine ethereum or other profitable coins while you still have the opportunity. If you have read this article, then understand that it is very difficult to make plans after the end of Ethereum mining.
https://bitproit.com/gpu-mining-profitability-after-ethereum-merge/

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FloppyPurpleGherkin
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June 15, 2022, 08:17:56 AM
 #3

What PoW altcoins you think will survive this bear market and stand strong in 2024 when bear market is getting over with? And which altcoins would you rather mine and hold for 2024 and 2025?
The best plan is to mine ethereum or other profitable coins while you still have the opportunity. If you have read this article, then understand that it is very difficult to make plans after the end of Ethereum mining.
https://bitproit.com/gpu-mining-profitability-after-ethereum-merge/

Though there is some partial truth's in that link from Bitpro.. They've neglected to input a lot of data and when at the end they offer to buy your mining rigs it's pretty laughable or am I missing something?

ETH's network is AT LEAST 50% ASIC's, probably nearer 70% yet he didn't take this into account.

There are also several (GPU minable) coins that are not on his list.
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June 15, 2022, 08:28:09 AM
 #4

The plan is there is something you can do/talk/engage outside of crypto, you will get bored, you won't earn enough to make it worth your time.

...if you can mine, then stability is king because it is not worth your time(set and forget setup)..
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June 15, 2022, 06:05:52 PM
 #5

Ethereum merge isn't happening any time soon which makes me feel like its a good thing, at least even if miming profitable isn't good any more ETH mining will still remain the best as other algorithms takes more electricity than Ethereum, I will stick with ETH mining instead.

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June 15, 2022, 06:11:28 PM
 #6

My plan, wait btc to crash below 10k and then put 60% of all my money into it.

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June 15, 2022, 06:25:33 PM
 #7

My plan, wait btc to crash below 10k and then put 60% of all my money into it.
What the f? Metroid what do you see that makes you think that BTC will go lower to 10k in this bear market? The first person I heard this from is the Cardano CEO lol, I never thought you are thinking the same thing.. My target is 13,000$ and I think its very possible.

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Metroid
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June 15, 2022, 06:49:57 PM
 #8

My plan, wait btc to crash below 10k and then put 60% of all my money into it.
What the f? Metroid what do you see that makes you think that BTC will go lower to 10k in this bear market? The first person I heard this from is the Cardano CEO lol, I never thought you are thinking the same thing.. My target is 13,000$ and I think its very possible.

2020, BTC never hit that CME gap at 9600 usd. So I said when btc was 10k and trolls were expecting it to crash below 10k and I said that BTC will go to 79k then crash to hit that CME gap of 9.6k. BTC hit 69k which was 10k lower than what I thought it would be, so that was 15% margin of error, maybe this time will be another 15% of error too? I wonder. I know when to buy and this will get worse worse and worse before it gets better. I still think will be a last bulltrap before btc crashes and we see the true bottom.

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June 15, 2022, 08:07:39 PM
 #9

What PoW altcoins you think will survive this bear market and stand strong in 2024 when bear market is getting over with? And which altcoins would you rather mine and hold for 2024 and 2025?

The plan is simple.As long as you can mine with your setup do so as Ethereum PoS is long far away from us no matter what you read in the news and no matter that they did the merge testnet as of late.The Ethereum developers know that if they move to PoS may be a deadly move against Ethereum so the minimum they will do is to extend the PoS as further away as possible.

Mining now can make you huge amounts as I have said many times in this section in different threads,I was mining at a big loss at 2018 but those amount of Bitcoin I mined were precious to me in February 2021,I am repeating that plan,keep mining at a loss and wait a couple of years to get huge benefits.

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June 16, 2022, 12:45:19 AM
Last edit: June 16, 2022, 01:04:32 AM by Coinfarm ventures
 #10

it's pretty laughable or am I missing something?

ETH's network is AT LEAST 50% ASIC's, probably nearer 70% yet he didn't take this into account.

There are also several (GPU minable) coins that are not on his list.
BitPro Crypto is funny because their feeBay store used to be called 'BitPro' but then they changed the name to 'Respec.io' probably because of the stigma from gamers.

What PoW altcoins you think will survive this bear market and stand strong in 2024 when bear market is getting over with? And which altcoins would you rather mine and hold for 2024 and 2025?
Very simple: mine. the. most. profitable. coin. then trade it for the coins you want to HODL.

I think the end of the bear market will ultimately come when the next economic crisis happens and the Federal Reserve cuts interest rates to 0% again.

I was mining at a big loss at 2018 but those amount of Bitcoin I mined were precious to me in February 2021,I am repeating that plan,keep mining at a loss and wait a couple of years to get huge benefits.
That is the lesson I learned last time. This time, I have all the components ready to go for 6 or 7 rigs, except for the video cards. I will start buying video cards at 70% of MSRP or lower.
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June 16, 2022, 01:42:37 AM
 #11

That is the lesson I learned last time. This time, I have all the components ready to go for 6 or 7 rigs, except for the video cards. I will start buying video cards at 70% of MSRP or lower.

99% it will likely happen that 70%, even 50% is possible, intel is coming with millions of gpus this year, nvidia and amd is also coming with millions and plus millions of people selling millions of second hand gpus eheh, there are not enough buyers for them all, the greatest gpu depression is coming this year, trust me. This is going to be insane.

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June 16, 2022, 01:58:13 AM
Last edit: June 16, 2022, 04:08:56 AM by Coinfarm ventures
 #12

99% it will likely happen that 70%, even 50% is possible, intel is coming with millions of gpus this year, nvidia and amd is also coming with millions and plus millions of people selling millions of second hand gpus eheh, there are not enough buyers for them all, the greatest gpu depression is coming this year, trust me. This is going to be insane.
I will buy more video cards as prices fall hehehee, but 70% will be my starting point. 70% = 2 rigs, 60% = 4 rigs, 50% = 8 rigs, 40% = 16 rigs ehehe.

None of the morons on Reddit thought I was insane when I said 'RTX 3090's will eventually cost just $500', but so far I'm winning the bet hehee, the latest eBay price is just $1000, it was $1100 only yesterday. RTX 3090's used to cost $3000, eheehee.
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June 16, 2022, 03:55:07 AM
 #13

I think we will see a repeat of 2015. From those who weren’t around what happened was that GPU mining was dying because it was preETH and postLTC and postDOGE. There was pretty much no profits to be made mining.

What many GPU miners did was sell their GPUs and buy BTC ASICs instead like the Antminer S5. It was much more profitable for most of 2015 until ETH gained popularity and many switched back like phil.

Most likely we will see a repeat.

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June 16, 2022, 04:12:09 AM
 #14

I think we will see a repeat of 2015. From those who weren’t around what happened was that GPU mining was dying because it was preETH and postLTC and postDOGE. There was pretty much no profits to be made mining.
I was around back then. I see exactly the same type of market since ETH PoS will happen and it will be almost as devastating as the ASIC revolution was in 2013-2014. We won't see a repeat of 2019 as long as ETH switches to PoS. If it doesn't switch, I expect another 2019 market where GPU mining profit was OK on GRIN/RVN/BTG with nVidia cards.
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June 16, 2022, 04:21:09 AM
 #15

What PoW altcoins you think will survive this bear market and stand strong in 2024 when bear market is getting over with? And which altcoins would you rather mine and hold for 2024 and 2025?

DOGE, XMR and LTC. These are the OG alts that survived every bear market till now. I would say ETH too but they are switching to PoS (or planning to) so don't count on ETH's PoW too much.

XMR especially shines among those 3 alts because it is the OG anonymity coin. I heard LTC is going to get similar features soon (maybe it did?) but I'd rather stick with the battle tested XMR.

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June 16, 2022, 09:27:06 AM
 #16

What PoW altcoins you think will survive this bear market and stand strong in 2024 when bear market is getting over with? And which altcoins would you rather mine and hold for 2024 and 2025?

DOGE, XMR and LTC. These are the OG alts that survived every bear market till now. I would say ETH too but they are switching to PoS (or planning to) so don't count on ETH's PoW too much.

XMR especially shines among those 3 alts because it is the OG anonymity coin. I heard LTC is going to get similar features soon (maybe it did?) but I'd rather stick with the battle tested XMR.
Its been postponed for another six to eight months in belief and that's enough time to keep mining Ethereum, right now no other coin beats Ethereum mining, has less power consumption and is more profitable than others.

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June 16, 2022, 01:55:19 PM
 #17

What PoW altcoins you think will survive this bear market and stand strong in 2024 when bear market is getting over with? And which altcoins would you rather mine and hold for 2024 and 2025?
The best plan is to mine ethereum or other profitable coins while you still have the opportunity. If you have read this article, then understand that it is very difficult to make plans after the end of Ethereum mining.
https://bitproit.com/gpu-mining-profitability-after-ethereum-merge/

Though there is some partial truth's in that link from Bitpro.. They've neglected to input a lot of data and when at the end they offer to buy your mining rigs it's pretty laughable or am I missing something?

ETH's network is AT LEAST 50% ASIC's, probably nearer 70% yet he didn't take this into account.

There are also several (GPU minable) coins that are not on his list.
Where did you get the data about ASICs?
Hive OS pool statistics are available to all users and you can see that a lot of old video cards are mining Ethereum.
https://hiveon.com/statistics/
Radeon RX 580 8GB+Radeon RX 570 8GB this is almost 42% of all video cards.

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..BUY/ SELL CRYPTO..
Coinfarm ventures
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June 16, 2022, 06:08:49 PM
 #18

Hive OS pool statistics are available to all users
Interesting that AMD's HiveOS market share is double their gaming discrete GPU market share. This implies that prices of Radeon video cards will crash a lot lower than GeForce. This is what I've been predicting. The RX 6800 will probably suffer the most, since it is less core-heavy than the rest.
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June 16, 2022, 07:23:03 PM
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.......


Why dont you take your scam somewhere.

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June 16, 2022, 07:52:35 PM
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Why dont you take your scam somewhere.
Just report that post of him to the Moderators for spam , thats the only thing that it is and nothing more and it also has nothing to do with the topic here.
I already reported it , and the next thing is that the Account last post was back in 2018 , so its possible the Account got sold or hacked.

@OP , i think that there are a few Altcoins will be survive , specialy the one mentioned from mindrust like Doge , LTC and XMR.
But ETC and some other old Coins that are still around long time now will be getting through that also.

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