Cryptocoin Value and Market Trend Discussion

[R-T-B]

Is there a market still for non-LHR Nvidia cards? Asking for a friend.

If there is, I'd trade my non LHR 3070 for a similar model 3070 ti. Just sayin'. But I doubt there is.

Hey, I know it's hotter and has nearly no performance gain, but I like complete chips. Won't happen anyways lol. Proof of stake too soon as some said.

 

[Deleted member 202104]

If there is, I'd trade my non LHR 3070 for a similar model 3070 ti. Just sayin'. But I doubt there is.

Hey, I know it's hotter and has nearly no performance gain, but I like complete chips. Won't happen anyways lol. Proof of stake too soon as some said.

I'd do the same, only for a 3080. Maybe I should check the 'bay...

 

[R-T-B]

I'd do the same, only for a 3080. Maybe I should check the 'bay...

I doubt you'd get that far because a LHR'd 3080 isn't much worse than a 3070 non LHR. Unless you mean 3080 -> 3080 TI. That might work.

 

[Deleted member 202104]

I doubt you'd get that far because a LDR'd 3080 isn't much worse than a 3070 non LHR. Unless you mean 3080 -> 3080 TI. That might work.

I'm seeing used versions of my card (same that you have if I remember correctly) selling between 1300-1400. The hash rate doesn't matter to me, so if I could sell and upgrade to a 3080 or 3080ti that would be kind of nice.

I suppose if GPU mining is coming to an end, the resale value is only going down from here. Decisions, decisions.

 

[R-T-B]

I'm seeing used versions of my card (same that you have if I remember correctly) selling between 1300-1400. The hash rate doesn't matter to me, so if I could sell and upgrade to a 3080 or 3080ti that would be kind of nice.

I suppose if GPU mining is coming to an end, the resale value is only going down from here. Decisions, decisions.

It's certainly a time for decisions on that front. Best of luck!

My card has just been gaming but that doesn't mean I don't recognize it's non-LHR appeal.

 

[lexluthermiester]

selling between 1300-1400

GPU prices are going to drop soon, possibly even crash.. Wait to buy for a few months. But I digress, we're getting off-topic here...

 

[R-T-B]

GPU prices are going to drop soon, possibly even crash.. Wait to buy for a few months. But I digress, we're getting off-topic here...

Yeah a little, my appologies

 

[lexluthermiester]

Yeah a little, my appologies

No worries. It was an honest question related to cryptocoin that deserved an answer.

 

[DeathtoGnomes]

soon fomo will kick in and it really will be up up and away for bitcoin..

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

trog

after reading this i see that the crypto reference seems added as an afterthought. If rumors are true and they intend to put a significant amount of $$$ into cryptocurrencies, Soros could buy most of them out and shut them down, thats purely a speculation, not like it would really happen.

I'm scared to speculate this, but what would happen if some 1%'r dropped 10-20 billion just in bitcoin

 

[R-T-B]

I scared to speculate this, but what would happen if some 1%'r dropped 10-20 billion just in bitcoin

A lot of people would make bank before the shutdown. You have to remember, when they do that, they are buying from the existing holders of the currency.

 

[trog100]

tuesday.. the bitcoin market cap is coming up close to a trillion again but its a very small amount compared to what is tied up in gold or stocks..

as people lose faith in traditional markets some of this money will move into bitcoin.. it wont take much to boost the bitcoin price several fold... i think this is gonna happen and maybe pretty soon..

####

wednesday.. bitcoin is now up over 54K.. the stock markets are looking grim.. i think bitcoin fomo is definitely kicking in.. bitcoins market cap is now over one trillion again ..

gold is down a tad.. eth is at 3500 lagging a bit behind bitcoin but still going up..

trog

 

[lexluthermiester]

as people lose faith in traditional markets

That's not happening. The the chaotic nature of cryptocoin is not going to instill confidence in anyone. Cryptocoin is still a very niche market. The claims of it being "mainstream" are premature at best and overly optimistic at worst.

 

[Bomby569]

As long as it is the currency of choice for drug dealers, terrorists, pirates, or just your random corrupt politian, etc... it will never stop growing. More now that countries are doing more to combat fiscal paradises and the panama papers and now this new whatever papers come out.

 

[trog100]

As long as it is the currency of choice for drug dealers, terrorists, pirates, or just your random corrupt politian, etc... it will never stop growing. More now that countries are doing more to combat fiscal paradises and the panama papers and now this new whatever papers come out.

crooks or not people dont buy bitcoin to spend just like they dont buy gold to spend.. they buy it to accumulate and get rich.. he he

trog

 

[R-T-B]

As long as it is the currency of choice for drug dealers, terrorists, pirates, or just your random corrupt politian, etc... it will never stop growing.

You mean the dollar, right?

Organized crime doesn't really mess with Bitcoin anymore. Too high fees, too tracable.
They might use Monero or something, but most of the criminal world still uses hard cash. Way less fees, and just as untracable if done right.

 

[lexluthermiester]

You mean the dollar, right?

Organized crime doesn't really mess with Bitcoin anymore. Too high fees, too tracable.
They might use Monero or something, but most of the criminal world still uses hard cash. Way less fees, and just as untracable if done right.

While there is something to be said about that, outside the USA tracing cryptocoin can be cumbersome at best

 

[R-T-B]

While there is something to be said about that, outside the USA tracing cryptocoin can be cumbersome at best

Especially coins like Monero, yeah. And the big issue is converting traceable bitcoin to nontraceable Monero is easy as pie.

I'm not denying it's a problem, but it's a problem shared with hard cash.

 

[Liquid Cool]

If you'll recall at 30k, my target price on BTC was 55k. We've hit the number and I believe the area above 40k needs to be held or BTC is in serious trouble. When BTC initially fell to 30k, it is this comparison chart below that gave me the confidence to stand up in the face of opposition to the contrary and state...30k will hold.

It is here at 55k, I'll be taking the same view.

"Back under 40k(on volume) and this market is over...for years."



History may never repeat, but it sure likes to rhyme...

Best Regards,

Liquid Cool

 

[Outback Bronze]

If you'll recall at 30k, my target price on BTC was 55k.

Lets see how good you are

 

[Metroid]

lol, this crash will be so much fun, btc will hit 64k then people will say 100k soon then once btc hits 79k then boom crash overnight to 40k then few weeks later crash again to 9k usd ehhe, that 100k was never hit hehe, you trolls need to be careful here, this is the last pump before hehell, if you have coins then hold only a bit longer and sell, do not wait that 100k because if you do then you will regret it, plus remember this, you will never sell at top and never buy at bottom, so if you have a hunch then sell and dont look back, better miss that money that lose that money.

 

[freeagent]

Not by the looks of things. Proof of Stake conversion has begun and will make GPU mining nearly pointless.

I know this is an older post but.. I starting watching a video last night while doing the dishes. It was about mining on LHR 3070Ti's.. I didn't finish the video, but by the sounds of it if you mine two coins at once using some program you can negate the LHR effect? I don't know what I am talking about but that was sorta the jist of it.. it was on the to0b of course.. but he seemed to know what he was talking about. Something about from 40 to 80 mega hashes if that makes sense..

 

[Liquid Cool]

Lets see how good you are

Please feel free to correct me when I'm wrong. As a former instructor of Technical Analysis...I firmly believe we never stop learning.

,

Liquid Cool

 

[LFaWolf]

Please feel free to correct me when I'm wrong. As a former instructor of Technical Analysis...I firmly believe we never stop learning.

,

Liquid Cool

Well, you did much better than me. I thought Bitcoin would not breach past $50k this year. I am really surprised by the quick run up, but with a quick run up like that, it will usually come back down pretty quick too. Waiting for a buy point this year.

 

[glsn]

While there is something to be said about that, outside the USA tracing cryptocoin can be cumbersome at best

there are services that can do the job for you; often government stuff do also use those third parties services

though it can be cleaned (as cash does) by either converting into monero and then doing an anonymous transfer, using gift cards, games and eccetera

cash doesn't look that transparent any way

 

[lexluthermiester]

lol, this crash will be so much fun

Where are you looking? I'm not seeing a crash happening, unless I'm missing something?