Cryptocoin Value and Market Trend Discussion

[Metroid]

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

Not yet this will go up and up then go down and down hard, my prediction since july 2020 stands at btc 79k then crash back to 9k, I have seen manipulators saying btc will go to 300k and then crash to 50k, I myself dont think btc will even hit 100k, it will crash before hitting 100k.

 

[lexluthermiester]

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..

It does and that would be for Proof of Work coins. To avoid being banned and to be more environmentally friendly most if not all coins are converting to Proof of Stake, which makes mining with GPU pointless. That conversion is apparently hitting resistance from miners, but most will have no choice.

 

[trog100]

bitcoin is hitting resistance at 56K.. i see no reason why it should not break this resistance and carry on with its upward trend...

eth is doing the same at 3600.. again i see no reason why after a slight pause it wont carry on with its upward trend..

metroid has his own agenda and is trying to scare people into selling their crypto.. why i havnt a clue..

me.. i think the days of this predictable four year cycle have come to an end.. this cycle will carry on for much longer.. but nobody can predict the future so we will have to wait and see..

so far this year i have via nicehash mined about 1/3 of a bitcoin.. this is now worth maybe 18K dollars.. i have spent roughly 12K in dollars on hardware upgrades this is after selling my 1070 cards.. my mining returns are roughly 1400 dollars per month.. i expect this to go up as the price of eth goes up.. this is before the cost of electricity..

i do expect the cost of electricity to go up significantly over the coming months.. i have just bunged 2000 watts of solar panels on my garden shed roof.. these feed 6 x 100 ah lithium batteries.. this is more of a power back up than anything else.. plus i fancied doing it.. he he..

trog

 

[Liquid Cool]

Crashes are fun you say? Would Lynx29's father agree? My own life was destroyed after attempting to warn people of the crash that was taking place in 2008. I'm still picking up the pieces...and I assure you my life is not - fun. Frankly speaking, from my prior experience in life to where I sit today? It's one step up above a living nightmare.

I'm going to leave this chart of BTC, yes BTC. If you'll only give it more than a passing glance, no words are necessary.



Atlhough, to those who wouldn't bother..no words are enough.

With that said, I'll bid you adieu...

Liquid Cool

 

[trog100]

monday.. bitcoin has broken above the 57K level and looks to be on its way higher.. its breaking away from the other alt coins and regaining some of its dominance..

eth is hovering around 3600.. the stock markets are flat or in the red and gold is also flat..

bitcoin is looking good..

trog

 

[sepheronx]

monday.. bitcoin has broken above the 57K level and looks to be on its way higher.. its breaking away from the other alt coins and regaining some of its dominance..

eth is hovering around 3600.. the stock markets are flat or in the red and gold is also flat..

bitcoin is looking good..

trog

I am looking to move one rig over to mining XEQ. Someone is pumping it up hard right now.

 

[trog100]

I am looking to move one rig over to mining XEQ. Someone is pumping it up hard right now.

the crypto markets are a bit strange at the moment.. bitcoin is going up and alt coins are going down.. i mine eth via nicehash simply to acquire more bitcoin i dont pay much attention to anything else..

things do seem to be changing.. good or bad i dont know.. nothing is very certain at the moment..

trog

 

[sepheronx]

the crypto markets are a bit strange at the moment.. bitcoin is going up and alt coins are going down.. i mine eth via nicehash simply to acquire more bitcoin i dont pay much attention to anything else..

things do seem to be changing.. good or bad i dont know.. nothing is very certain at the moment..

trog

the kicker is, pools like zergpool you can set up where it will pay you in BTC if you mine whatever coin they offer on their pool. I looked further into it and its quite good as the only charge is the charge of the network on exchanging XEQ to BTC. Meaning you will end up getting paid out more as Nicehash takes a lot in terms of fees.

Anyway, something to look at. It has been bombarded with massive hashrates and still its as profitable as my ETH machine. Way more profitable than my ERG machine and RVN machine.

 

[R-T-B]

Not yet this will go up and up then go down and down hard, my prediction since july 2020 stands at btc 79k then crash back to 9k, I have seen manipulators saying btc will go to 300k and then crash to 50k, I myself dont think btc will even hit 100k, it will crash before hitting 100k.

Cool crystal ball.

 

[trog100]

Cool crystal ball.

i just watched an interview with planB.. a guy who has been correct in the past with his stock to flow model and who now has a million followers talking in terms of 1 to 5 million per bitcoin during the next cycle starting after 2024 the next halving.. growth is exponential..

the interview was taken down by youtube and the (very big) channel shut down.. but its now back up.. they say it was dangerous.. maybe it is..

he expects 100 to 134K before this christmas and much higher during the first quarter of 2022.. as crystal balls go this guy does seem to have a reasonable one.. history does say that after one cycle crash the next one goes at least 20x higher..

gold has a market cap of maybe 10 trillion.. real estate maybe 100 trillion.. bitcoin 1 trillion.. some of the money in gold and real estate will move into bitcoin.. as it does bitcoin just has to go up.. some things just have to be..

trog

 

[trog100]

friday morning.. bitcoin is now up above 59K and eth up over 3800.. things seem to be moving..

new all time highs are looking close..

trog

ps.. late friday afternoon here in the UK not so late in the US.. bitcoin is now up over 61K..

ps..2 10 pm friday night here in the UK bitcoin is at 62300.. a new all time high is very close.. eth is lagging a bit at 3881..

 

[Liquid Cool]

If BTC holds above 60k, I'll consider the pattern I outlined broken. You can allow for a blowoff into this pocket right here.



Although, if it's done on heavy volume(they're not showing volume today for some reason) or if we head up into new highs. That's all she wrote for the pattern I mentioned. Frankly...I expected more resistance. After testing 55k from the top...and the bottom...the advance is continuing in stellar fashion.

Someone mentioned above that BTC appeared to be reasserting itself in its leadership role. That seems a bit of a stretch...feels more like frontrunning the news from the SEC about the futures ETF. The press release might might make for an interesting reaction.

I'm going to check back in after the announcement and see how this market is fairing.

Until then...I'll mark myself down as being incorrect if we crack this pattern.

A new high or holding 60k...both will do it. ETH, same with 4k. If it cracks/holds 4k there is definitely something else going on here. In fact...those who were watching at 400 in ETH should be having flashbacks...

Best,

Liquid Cool

 

[trog100]

sunday morning with nothing much happening over the weekend..

bitcoin is hovering around 61K with eth around 3900.. sideways consolidation.. the markets are waiting for monday..

things should move again come monday..

trog

 

[trog100]

tuesday night here in the UK.. bitcoin is on the way.... its now up over 64K and rising steadily..

eth is lagging a bit at just over 3800..

we will see what tomorrow brings..

wednesday afternoon here in the UK.. bitcoin is up at 66K and eth has caught up a bit at just over 4000..

up up and away maybe.. he he

not much discussion goes on in this forum when crypto is doing well only when it looks bad.. i wonder why..

trog

 

[sepheronx]

tuesday night here in the UK.. bitcoin is on the way.... its now up over 64K and rising steadily..

eth is lagging a bit at just over 3800..

we will see what tomorrow brings..

wednesday afternoon here in the UK.. bitcoin is up at 66K and eth has caught up a bit at just over 4000..

up up and away maybe.. he he

not much discussion goes on in this forum when crypto is doing well only when it looks bad.. i wonder why..

trog

Because grand economists like a few here were wrong.

So next time it does take a dip, they will say "I told you so, it's gonna end!" Then when it goes up, they will be silent.

There is no point to this section on this forum. People on this forum are so toxic on crypto. No point having it here especially when little is done to curb such attitudes. I know one mod said he planned to do some cleaning but haven't heard from him since. I don't know why you bother besides to post "he he" and just rub it in which brings the same "respectful" individuals to the thread.

 

[trog100]

Because grand economists like a few here were wrong.

So next time it does take a dip, they will say "I told you so, it's gonna end!" Then when it goes up, they will be silent.

There is no point to this section on this forum. People on this forum are so toxic on crypto. No point having it here especially when little is done to curb such attitudes. I know one mod said he planned to do some cleaning but haven't heard from him since. I don't know why you bother besides to post "he he" and just rub it in which brings the same "respectful" individuals to the thread.

i do what the thread is supposed to be about.. report on current prices and trends.. this could be the basis of discussion but as you say its only ever a one way discussion..

i was happy with the original thread that got closed down i just carried on doing what i was doing in the old one in this one..

i do wonder about this forum being a tech forum why there is so much crypto hate.. just bear in mind if the price goes down i will report on that as well.. crypto markets and trends.. currently the trend is up but there have been times when its been down..

am i happy the price is currently going up.. for sure i am.. my crypto stash has gone up by about 20K over the last couple of weeks how could i not be happy..

trog

 

[lexluthermiester]

Because grand economists like a few here were wrong.

So next time it does take a dip, they will say "I told you so, it's gonna end!" Then when it goes up, they will be silent.

Hold that thought..

There is no point to this section on this forum. People on this forum are so toxic on crypto. No point having it here especially when little is done to curb such attitudes.

What was that about being toxic?

I know one mod said he planned to do some cleaning but haven't heard from him since. I don't know why you bother besides to post "he he" and just rub it in which brings the same "respectful" individuals to the thread.

I'm glad you mentioned the mods, because the condescending and snide remarks like yours need to stop.

Folks, keep it civil and keep it friendly or the mods will be asked to show people out. Thank You.

i was happy with the original thread that got closed down i just carried on doing what i was doing in the old one in this one..

And I am fairly certain that discussing past, present or future moderator actions is against forum rules. Rope it in and stay on topic.

tuesday night here in the UK.. bitcoin is on the way.... its now up over 64K and rising steadily..

This morning has been interesting. There are a number of people that didn't see this upward trend coming. It looked like it was going sideways and was going to stay like that for a while.

 

[sepheronx]

Hold that thought..

What was that about being toxic?

I'm glad you mentioned the mods, because the condescending and snide remarks like yours need to stop.

Folks, keep it civil and keep it friendly or the mods will be asked to show people out. Thank You.


And I am fairly certain that discussing, pass, present or future moderator actions is against forum rules. Rope it in and stay on topic.


This morning has been interesting. There are a number of people that didn't see this upward trend coming. It looked like it was going sideways and was going to stay like that for a while.

I think only remarks you ever provide here is of nothing beneficial and bad too. So my remarks are in kind to people such as yourself, solid state, Metroid and alike. Maybe I can go on but no point. What I said isn't toxic. It was pointing out the obvious. Toxic is people telling others they should "leave" because opinion is different, or that crypto miners are evil and what not which we get daily

You seem to make enemies with nearly everyone here, so I'll put you on ignore again.

 

[freeagent]

Be nice to each other guys, we all share this space together.. if you don’t have anything nice or informational to say, be like me and just keep it zipped

Can you tell I am Canadian yet? Trying to be nice, polite, and serious at the same time

Seriously, no need to be rude to each other

 

[Outback Bronze]

Looks like a decent gain across the board from the yearly lows. I'm wondering if its set to go past the ATH? It's looking like it personally.

BTC just breached its ATH. Called it back in Aug 7/21 post #274.

Wil be interesting to see if this hits 100K before Xmas.

 

[sepheronx]

BTC just breached its ATH. Called it back in Aug 7/21 post #274.

Wil be interesting to see if this hits 100K before Xmas.

ETH broke over $5K CAD here. To be exact, $5199.

Most coins are doing well, at least heavily marketed ones.

While ERGO got hit hard because of very poor communication skills between the ERGO team and the dAPP creator team making ErgoDex. Then the developer had to clarify that it is a lot like Uniswap is to ETH on what ErgoDex is to Ergo. It lowered prices from $11 USD to $8USD but got it back up after clarification it is hovering around $10 USD.

 

[trog100]

thursday morning here in the UK.. bitcoin is at 66K and after a brief dip down to 64K is on the way back up.. eth is rising faster at 4219..

the stock markets are flat and gold is up a little..

trog

 

[ixi]

Can't wait for eth to reach 20 or 30k then I'll sell them.

 

[trog100]

Can't wait for eth to reach 20 or 30k then I'll sell them.

i wonder how much eth gpu mining will generate if eth gets to 10K or 20K...

i have strong feeling that the eth proof of stake merge will somehow get delayed.. he..he..

trog

 

[sepheronx]

i wonder how much eth gpu mining will generate if eth gets to 10K or 20K...

i have strong feeling that the eth proof of stake merge will somehow get delayed.. he..he..

trog

Well, it has been delayed already, we still got roughly 8 more months or so of mining ETH.

I am switching my ERGO machine over to ETH by at least the weekend (I gotta replace thermalpads on two Zotac's as they are trash) in order to increase my earnings in it. I may switch all rigs over. But RVN halving in January may prevent me from wanting to switch all rigs over...