Hope that it causes miners stop buying up vast amounts of cards and inventory comes back.

We will only find out after they release the new GPUs. For now we can only hope they dont.

Its going to crash even more that was the start not it will fail to go back 50k then crash again and again

Even if it crashes it will recover again, and when It crashes severely I will definitely buy a coin and then flip it next year!

There is a crash, but 1 ETH is still 1ETH, only the dollar amount changes if you're not holding. The crash is more of a bounce.

 
I can see money going into crypto if US inflation really takes off and the US dollar devalues significantly...
 

Gotta get their money anyway possible

Hypothetically, let's say that crypto crashes overnight.

All you've done is deter newbies from getting in on the craze. That's it. 

The previous crash barely lasted a year, so I can only imagine that a recovery will be much faster than it was before. 

Phrank44
Just been reading about the "Crypto Crash", of the last few days.
 
Is this a sign that we may see what occurred the last time Crypto crashed? Suddenly the demand for cards will tank, and eBay will be flooded with used GPU's?
 
Interesting to say the least, still massive Silicone shortage and manufacturing constraints, but will the personal computer/gaming enthusiast start to see more access to GPU's?
 
 

Yes and no, it's tricky cause crypto shoots right back up every time and reaches new high. But yes when crypto crashes, you tend to see miners dump gpus on ebay

There are very few cases in life where I find happiness in the misfortune of others. A crash in cryptocurrency is one of those cases :)
As a fun fact, this volatility also illustrates why NVidia has been pushing their mining-only cards that cannot be used for gaming.  I am not fundamentally against the idea, especially if it enables more cards in the hands of gamers. But should the crash cause a decent below the level of profitability, the number of second hand cards available (and their impact to manufacturing sales) will be minimized.  Unlike last time there will be no afterparty of cheap cards. 

CaelanDavey

Phrank44
Just been reading about the "Crypto Crash", of the last few days.
 
Is this a sign that we may see what occurred the last time Crypto crashed? Suddenly the demand for cards will tank, and eBay will be flooded with used GPU's?
 
Interesting to say the least, still massive Silicone shortage and manufacturing constraints, but will the personal computer/gaming enthusiast start to see more access to GPU's?
 
 

IMO there's too much momentum behind crytpo for it to just die off and allow GPUs to flood the market. People will hold onto crypto as their "lotto ticket" to the bitter end. We're nowhere near the end of crypto - just my 2c

Yep. The last crash people panicked and started selling their assets to recover. But when it recovered, people learned that crashes can happen, and are less likely to sell their assets this time. Maybe the newbies or people getting fresh into it will be scared off, but those who've been in the game long enough won't quit now

Even if Crypto dies, they're still gonna hold on like you said, because if there's an offchance that it can bounce back, they can make their fortunes. 

dnewby
I don't have the stomach for investing, I would be more comfortable mining.

Think about what you're mining tho. The underlying is more volatile than a traditional "investment"

Slippy103
Elon is just manipulating the market so he can get richer

He's a multi-Billionaire...  I don't think that is the case for Elon.  it's about pushing what he can or cannot do.

JonathanJRod
question regarding the 3080 ti, Can miners unlock the GPU to mine?

They're going to try and figure out how to. Whether or not they'll be able to is another question.

BTC to the moon!