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

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Namsta
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Re: The "Crypto Crash" of the last few days.... 2021/06/08 13:38:20 (permalink)
good
weitao42
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Re: The "Crypto Crash" of the last few days.... 2021/06/08 22:29:12 (permalink)
no one knows what will be in future
Drewtachi
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Re: The "Crypto Crash" of the last few days.... 2021/06/08 22:34:43 (permalink)
I dont see anything changing the current market
 
navy66
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Re: The "Crypto Crash" of the last few days.... 2021/06/09 03:14:10 (permalink)
If the markets go bear , yeah we can expect alot of miners to just sell their cards. Also from what i hear ETH 2.0 too is a problem with miners.
marcussmj
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Re: The "Crypto Crash" of the last few days.... 2021/06/09 03:16:59 (permalink)
I’d say if you can afford to wait a your gaming demands don’t require too much power just chill till this blows over.
volta77
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Re: The "Crypto Crash" of the last few days.... 2021/06/09 03:43:30 (permalink)
glad to see that happen, the lower price of cryptocurrency the higher opportunity to buy a graphics card.
marcussmj
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Re: The "Crypto Crash" of the last few days.... 2021/06/09 03:49:55 (permalink)
volta77
glad to see that happen, the lower price of cryptocurrency the higher opportunity to buy a graphics card.


Honestly I highly doubt that miners exiting the game will improve the situation.
Star_gazer
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Re: The "Crypto Crash" of the last few days.... 2021/06/09 18:19:04 (permalink)
Thats possible if the crash continues, but I doubt the bull run is fully over
fistik
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Re: The "Crypto Crash" of the last few days.... 2021/06/09 18:42:56 (permalink)
We lost the daily a while ago and we just closed a few weeks too low, but held the move.
It's a matter of rejecting what we lost in the 50s or gaining back and making a new high.
volta77
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Re: The "Crypto Crash" of the last few days.... 2021/06/10 20:28:45 (permalink)
People can make money by mining without effort. There are many people doing it. when they get money from mining, people become more greedy and want to get more. That's why I can't buy a graphics card.
fivio
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Re: The "Crypto Crash" of the last few days.... 2021/06/10 21:10:16 (permalink)
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
Dothes
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Re: The "Crypto Crash" of the last few days.... 2021/06/10 21:17:09 (permalink)
Me and crypto have a love hate relationship. I hold crypto and I want crypto to go up. I want graphics card crypto must go down. It's a paradox. big sad :(sssssss


jamey19
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Re: The "Crypto Crash" of the last few days.... 2021/06/13 13:44:39 (permalink)
I've been reading a lot about this.... seems to move in waves every 1-2 years... big crash big rise, but over time it just keeps increasing.... so if you see the market fall and GPUs all over the place.... scoop one up! Because the whole thing will probably happen all over sgain.
sobdog
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Re: The "Crypto Crash" of the last few days.... 2021/06/13 13:52:52 (permalink)
Still got to beat the bots first.
M00s3knuckle
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Re: The "Crypto Crash" of the last few days.... 2021/06/13 15:14:42 (permalink)
How does one beat the bots. Been trying since december lmfao
Krdonnel
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Re: The "Crypto Crash" of the last few days.... 2021/06/13 15:26:04 (permalink)
Crypto will continue to rise with major rises and falls (but an overall rise) until full adoption when “whales” do t have the power to manipulate the market.
blangblong
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Re: The "Crypto Crash" of the last few days.... 2021/06/13 15:27:31 (permalink)
Dothes
Me and crypto have a love hate relationship. I hold crypto and I want crypto to go up. I want graphics card crypto must go down. It's a paradox. big sad :(sssssss


Crypto goes down - you get your card from the store, crypto goes up - you can afford scalper prices.
 
Sounds more like a win/win!
Krdonnel
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Re: The "Crypto Crash" of the last few days.... 2021/06/13 15:28:25 (permalink)
Been watching prices the last 6 months while trying g to get a card. The secondary marked prices are definitely dropping.
Krdonnel
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Re: The "Crypto Crash" of the last few days.... 2021/06/13 15:30:36 (permalink)
I can get a 3080ti for $1850 all day. I couldn’t get a 3080 for less than 2300 a few monthe ago.
Smithship
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Re: The "Crypto Crash" of the last few days.... 2021/06/13 15:49:44 (permalink)
Grey_Beard
The bots have been successful and they have been rewarded by either miners or consumers paying scalping prices for this. They can continue and the bots alone can manipulate the market themselves. The crypto scrouge will not be derailed even with it now being Buthurtcoin. I see no end to this madness until production increases. Now with the water issues at TSMC, it may continue until new fabs are built over the next 5 years.



Agree, totally! Also, the MSRP will likely increase the longer it takes.
 
Crypto goes in cycles. The *trick* is to get more excited about getting crypto as the price goes down without catching the falling knife. Many people get more excited about buying as the price rises - and lose money.
post edited by Smithship - 2021/06/13 15:52:54
shylastrikes123
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Re: The "Crypto Crash" of the last few days.... 2021/06/14 17:01:20 (permalink)
No.  If the price drops, it will be less profitable to mine.  Less people will mine bitcoin and the difficulty will drop.  That will make it easier to mine and more will go back online.  The system is designed to stabilize, unfortunately.
jamey19
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Re: The "Crypto Crash" of the last few days.... 2021/06/14 20:48:43 (permalink)
ummm... crypto (Bitcoin) is up 23% in the last 7 days.... so....
RedRed78
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Re: The "Crypto Crash" of the last few days.... 2021/06/14 20:54:21 (permalink)
hopefuly it goes back up
RedRed78
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Re: The "Crypto Crash" of the last few days.... 2021/06/14 21:50:54 (permalink)
hopefully i can get a card now
RedRed78
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Re: The "Crypto Crash" of the last few days.... 2021/06/14 21:52:57 (permalink)
it will probably rocket at the end of July
shylastrikes123
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Re: The "Crypto Crash" of the last few days.... 2021/06/14 22:06:08 (permalink)
RedRed78
hopefully i can get a card now




Don't get your hopes high.  
32DOHC
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Re: The "Crypto Crash" of the last few days.... 2021/06/14 22:37:16 (permalink)
lol you can thank Elon Musk for the volatility.
 
But no, I don't think this is magically going to make GPUs more accessible. There is a global supply chain issue, and manufacturers are already saying it could last into 2022.
shylastrikes123
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Re: The "Crypto Crash" of the last few days.... 2021/06/14 22:41:01 (permalink)
32DOHC
lol you can thank Elon Musk for the volatility.
 
But no, I don't think this is magically going to make GPUs more accessible. There is a global supply chain issue, and manufacturers are already saying it could last into 2022.


I mean, if a single person can make crypto so volatile, then maybe the problem is with the crypto.  
TrevonteL
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Re: The "Crypto Crash" of the last few days.... 2021/06/14 22:45:04 (permalink)
Even when mining dies, people are gonna bot their lives away for the simple fact its easy money and people get tired of staring at a screen all day, rushing to try to buy, and being discouraged. Sad times man, but i hope it stops ya know
32DOHC
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Re: The "Crypto Crash" of the last few days.... 2021/06/14 23:01:52 (permalink)
shylastrikes123
32DOHC
lol you can thank Elon Musk for the volatility.
 
But no, I don't think this is magically going to make GPUs more accessible. There is a global supply chain issue, and manufacturers are already saying it could last into 2022.


I mean, if a single person can make crypto so volatile, then maybe the problem is with the crypto.  


I don't disagree with you, but there is shady stuff that happens in the US stock market as well.
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