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Hot!The "Crypto Crash" of the last few days....

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aceroccola
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Re: The "Crypto Crash" of the last few days.... 2021/06/14 23:16:47 (permalink)
fivio
I don't feel that mining is the main problem, even with the LHR gpus which aren't cracked yet like 3070 and 3080ti, they are still selling for 2x msrp on ebay


It's certainly not the only problem. It's a perfect storm of increased demand and drastically reduced supply.
 
But mining is the top driver of demand right now. That much is pretty obvious. 
FireDragon754
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Re: The "Crypto Crash" of the last few days.... 2021/06/15 02:11:45 (permalink)
I don’t think it’s crashing I think it is just really volatile
137958
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Re: The "Crypto Crash" of the last few days.... 2021/06/15 02:14:30 (permalink)
FireDragon754
I don’t think it’s crashing I think it is just really volatile

Yes seems like the light hash cards are cause if a decline which keeps up till they are cracked
moad6623
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Re: The "Crypto Crash" of the last few days.... 2021/06/15 03:28:13 (permalink)
I hope that will be the case getting more gpus in the hands of gamers not to hope the unfortunate on my homies on the mining playground
carlese
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Re: The "Crypto Crash" of the last few days.... 2021/06/16 01:15:35 (permalink)
Let's hope GPUs will be more available to gamers in the first place and at a reasonable price!
Flaretrail
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Re: The "Crypto Crash" of the last few days.... 2021/06/16 01:33:10 (permalink)
It will only get better at the end of 2021, when etherum goes PoS
droomagon
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Re: The "Crypto Crash" of the last few days.... 2021/06/16 06:18:38 (permalink)
personally I'd say crypto crash are bound to happen eventually, but they always bounce back
the good news is when it crashes, the GPU market goes back to normal, and that aint a bad thing
jerelv
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Re: The "Crypto Crash" of the last few days.... 2021/06/16 06:47:48 (permalink)
I wish the GPU market would go back to normal. BTC is starting to rally back but the others are lagging harder.

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Owen_Zhu
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Re: The "Crypto Crash" of the last few days.... 2021/06/16 13:26:15 (permalink)
dirty miners omegalul
Momus123
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Re: The "Crypto Crash" of the last few days.... 2021/06/16 13:28:36 (permalink)
Still profitable so demand will be high for a while
kram36
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Re: The "Crypto Crash" of the last few days.... 2021/06/16 13:55:03 (permalink)
Flaretrail
It will only get better at the end of 2021, when etherum goes PoS


There are many more algorithms a GPU can mine. Don't even think about Ethereum going POS is the saving grace to crypto mining on video cards.

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sobdog
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Re: The "Crypto Crash" of the last few days.... 2021/06/16 14:20:13 (permalink)
Between the scalpers and miners its hard to find gpu
nitsua4438
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Re: The "Crypto Crash" of the last few days.... 2021/06/16 18:50:25 (permalink)
No kidding...
HowieDogDealt
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Re: The "Crypto Crash" of the last few days.... 2021/06/17 15:48:28 (permalink)
If it ain't one currency, it will be another. It's all the craze right now.
RPS89
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Re: The "Crypto Crash" of the last few days.... 2021/06/17 16:31:52 (permalink)
Fingers Crossed 
HowieDogDealt
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Re: The "Crypto Crash" of the last few days.... 2021/06/17 19:40:24 (permalink)
RPS89
Fingers Crossed 


Something drastic will have to change. Right now, everything about the system we have enables and actually encourages scalping. So it's doubtful that anything meaningful will change.
kram36
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Re: The "Crypto Crash" of the last few days.... 2021/06/17 19:44:00 (permalink)
Mining isn't going anywhere. There are already 2 to 3 coins ready to takes Ethereum's place and Nvidia's LHR has ZERO affect on.
post edited by kram36 - 2021/06/17 19:45:14

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Hot_Chez
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Re: The "Crypto Crash" of the last few days.... 2021/06/22 21:55:39 (permalink)
the crypto bubble is finally popping! best few days of my life. will help out so many people trying to get gpus and also newer builders. i know a lot of friends that have been looking for cards for such a long time.
CaelanDavey
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Re: The "Crypto Crash" of the last few days.... 2021/06/23 09:56:50 (permalink)
I think once Tether is exposed as a fraud, crypto will fall off a cliff. That's when I see the GPU market easing up. That or supply greatly increases. Wouldn't be surprised to see crypto fall off before then though.
brokenlaptop14
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Re: The "Crypto Crash" of the last few days.... 2021/06/23 09:57:08 (permalink)
prices are dropping as we speak, in the coming weeks we will see
waitdz_ga
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Re: The "Crypto Crash" of the last few days.... 2021/06/23 10:01:02 (permalink)
I'm holding my breath until miners actually start selling off their gpus.
Erebus_Grey
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Re: The "Crypto Crash" of the last few days.... 2021/06/23 11:16:45 (permalink)
I'd have a lot of hesitation picking up a used GPU from a miner, especially since a lot of them would be coming from China since a lot of the current crash is driven by the PRC banning crypto currency.
Shilo59
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Re: The "Crypto Crash" of the last few days.... 2021/06/23 11:57:18 (permalink)
I'm glad I sold my BTC close to it's all time high recently. Not so glad about buying back in when it dropped, and then watching it keep dropping....
inkyvoxel
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Re: The "Crypto Crash" of the last few days.... 2021/06/23 13:06:05 (permalink)
I don't think cryto currencies crashing is enough to make GPUs available and affordable. There is still a shortage of silocon chips.
waitdz_ga
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Re: The "Crypto Crash" of the last few days.... 2021/06/23 15:08:38 (permalink)
I don't know if it's market volatility or if crypto is actually crashing. My bet is on the former.
charlesborner
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Re: The "Crypto Crash" of the last few days.... 2021/06/23 15:12:32 (permalink)
waitdz_ga
I don't know if it's market volatility or if crypto is actually crashing. My bet is on the former.



Volatility.


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