Bitcoin price prediction

[lexluthermiester]

With what appears to be the start of a bull run what price do people see bitcoin hitting this Summer or by year end

I'm not seeing that. If there are to be any gains to speak of, it'll be maybe 15%, and depends highly on the coin.

its a tad early to be predicting anything..

trog

Look at that, we agree for once!

 

[natr0n]

If prices of gpu go up again cause of this... gonna become a ninja who snips testicles.

 

[lexluthermiester]

If prices of gpu go up again cause of this... gonna become a ninja who snips testicles.

That won't happen again.

 

[R-T-B]

That won't happen again.

Yeah, AIs got that one covered.

 

[neatfeatguy]

Yeah, AIs got that one covered.

So what you're saying is, we need all the GPUs to run AI. The more powerful the AI the better it will mine coins.

Got it.

GPU prices are going to skyrocket again because it's now the AI that need to mine for coins and that's only possible with more GPUs.

 

[R-T-B]

No, I'm saying it doesn't matter the goal or narrative/explanation, gpu prices will never be what you consider "low" again. Sad but true I feel.

 

[hat]

No, I'm saying it doesn't matter the goal or narrative/explanation, gpu prices will never be what you consider "low" again. Sad but true I feel.

I think they figured out they can charge way more than what they were before the mining boom, and here we are.

 

[natr0n]

No, I'm saying it doesn't matter the goal or narrative/explanation, gpu prices will never be what you consider "low" again. Sad but true I feel.

In a way true. I had a thought with AMD not pushing the high end anymore. Prices will have to be somewhat low for Radeons(since they want to gain market share) and might be a resurgence of the old (agp)days overclocking lower end cards. random thought

 

[lexluthermiester]

Yeah, AIs got that one covered.

Maybe. Would not be surprising at all. However, there is limited saturation for gaming GPU's for AI on a consumer level. So the impact should be minimal.

 

[Wirko]

Hello ChatGPT.

But that one occasionally acts as carbon-based life, which is somewhat confusing. Version 5.0 alpha?

 

[R-T-B]

But that one occasionally acts as carbon-based life, which is somewhat confusing. Version 5.0 alpha?

Or someone trying to cash in (somehow?) on an account they no longer use? Yeah. no idea? Just sounded like an AI response lol.

 

[hat]

In a way true. I had a thought with AMD not pushing the high end anymore. Prices will have to be somewhat low for Radeons(since they want to gain market share) and might be a resurgence of the old (agp)days overclocking lower end cards. random thought

Somewhat low compared to Nvidia maybe, but there's no way we're going back to say 2010 prices from either camp. As far as overclocking, forget it... the best we can do is provide really good power and cooling so the boost algorithms can run WOT (wide open throttle). Most tweaking anymore happens for power efficiency reasons, which can indirectly increase performance via the boost algorithm... I say this because I've continually seen for a while now manufacturers releasing hardware already pushed to or beyond the limits of the silicon.

 

[cvaldes]

Somewhat low compared to Nvidia maybe, but there's no way we're going back to say 2010 prices from either camp. As far as overclocking, forget it... the best we can do is provide really good power and cooling so the boost algorithms can run WOT (wide open throttle). Most tweaking anymore happens for power efficiency reasons, which can indirectly increase performance via the boost algorithm... I say this because I've continually seen for a while now manufacturers releasing hardware already pushed to or beyond the limits of the silicon.

Ever since chip manufacturers transitioned to variable frequency clocks, they've been inclined to put the overclocking headroom into the boost clock. That's really more beneficial to a larger swath of users instead of keeping that untapped performance only available to geeks.

Generally speaking it has also encouraged engineers to devise better process and thread management which is really important for today's SoCs that have a combination of performance and efficiency cores (like your typical smartphone).

Joe Consumer really doesn't have the time, inclination or expertise to diddle around with power settings. If some soccer mom wants to use her brand new Samsung Galaxy at its peak efficiency, it makes more sense for the performance curves to be set by people who have advanced degrees in engineering, mathematics, physics, etc. from the best engineering schools on the planet rather than fuss with this yourself. Same with computers.

 

[AusWolf]

Its a lottery. Just go to the casino instead.

Seconded. At least the casino offers some kind of minimal mathematical predictability. Crypto doesn't. Not that I'd want to encourage or discourage any form of gambling or investment (which is still gambling), but yeah...

Edit: As for the question, a currency that isn't regulated by any authority can go up or down in value as the big whales move. It's impossible to predict, but I wouldn't suspect anything good long-term.

 

[hat]

Ever since chip manufacturers transitioned to variable frequency clocks, they've been inclined to put the overclocking headroom into the boost clock. That's really more beneficial to a larger swath of users instead of keeping that untapped performance only available to geeks.

Generally speaking it has also encouraged engineers to devise better process and thread management which is really important for today's SoCs that have a combination of performance and efficiency cores (like your typical smartphone).

Joe Consumer really doesn't have the time, inclination or expertise to diddle around with power settings. If some soccer mom wants to use her brand new Samsung Galaxy at its peak efficiency, it makes more sense for the performance curves to be set by people who have advanced degrees in engineering, mathematics, physics, etc. from the best engineering schools on the planet rather than fuss with this yourself. Same with computers.

I'm not sure I can agree with you here. If they cared about what was best for "Joe Consumer" they wouldn't be actively locking down overclocking options behind a paywall, nor would they be pushing the hardware so hard it fries itself over a short period of time. Overclocking headroom was there so they could have a stable product that wouldn't melt (usually) and then geeks like us who could take the time to learn what we were doing and understand the risks would exploit it. Now that's gone, because boosting is getting to the point where the hardware can't sustain it so they can be a little faster in some benchmark somewhere for their marketing slides.

 

[Eskimonster]

Bought a coin when they came out cheap af, anyway my kids gonna inherit it. so idc what happens.