Tell me your plan - page 3. | Bitcointalksearch.org

Coinfarm ventures

full member

Activity: 182

Merit: 152

Quote from: Metroid on June 15, 2022, 09:42:37 PM

99% it will likely happen that 70%, even 50% is possible, intel is coming with millions of gpus this year, nvidia and amd is also coming with millions and plus millions of people selling millions of second hand gpus eheh, there are not enough buyers for them all, the greatest gpu depression is coming this year, trust me. This is going to be insane.

I will buy more video cards as prices fall hehehee, but 70% will be my starting point. 70% = 2 rigs, 60% = 4 rigs, 50% = 8 rigs, 40% = 16 rigs ehehe.

None of the morons on Reddit thought I was insane when I said 'RTX 3090's will eventually cost just $500', but so far I'm winning the bet hehee, the latest eBay price is just $1000, it was $1100 only yesterday. RTX 3090's used to cost $3000, eheehee.

Metroid

sr. member

Activity: 2142

Merit: 353

Xtreme Monster

Quote from: Coinfarm ventures on June 15, 2022, 08:45:19 PM

That is the lesson I learned last time. This time, I have all the components ready to go for 6 or 7 rigs, except for the video cards. I will start buying video cards at 70% of MSRP or lower.

99% it will likely happen that 70%, even 50% is possible, intel is coming with millions of gpus this year, nvidia and amd is also coming with millions and plus millions of people selling millions of second hand gpus eheh, there are not enough buyers for them all, the greatest gpu depression is coming this year, trust me. This is going to be insane.

Coinfarm ventures

full member

Activity: 182

Merit: 152

Quote from: FloppyPurpleGherkin on June 15, 2022, 04:17:56 AM

it's pretty laughable or am I missing something?

ETH's network is AT LEAST 50% ASIC's, probably nearer 70% yet he didn't take this into account.

There are also several (GPU minable) coins that are not on his list.

BitPro Crypto is funny because their feeBay store used to be called 'BitPro' but then they changed the name to 'Respec.io' probably because of the stigma from gamers.

Quote from: Z390 on June 15, 2022, 01:54:05 AM

What PoW altcoins you think will survive this bear market and stand strong in 2024 when bear market is getting over with? And which altcoins would you rather mine and hold for 2024 and 2025?

Very simple: mine. the. most. profitable. coin. then trade it for the coins you want to HODL.

I think the end of the bear market will ultimately come when the next economic crisis happens and the Federal Reserve cuts interest rates to 0% again.

Quote from: swogerino on June 15, 2022, 04:07:39 PM

I was mining at a big loss at 2018 but those amount of Bitcoin I mined were precious to me in February 2021,I am repeating that plan,keep mining at a loss and wait a couple of years to get huge benefits.

That is the lesson I learned last time. This time, I have all the components ready to go for 6 or 7 rigs, except for the video cards. I will start buying video cards at 70% of MSRP or lower.

swogerino

legendary

Activity: 3136

Merit: 1233

Leading Crypto Sports Betting & Casino Platform

Quote from: Z390 on June 15, 2022, 01:54:05 AM

What PoW altcoins you think will survive this bear market and stand strong in 2024 when bear market is getting over with? And which altcoins would you rather mine and hold for 2024 and 2025?

The plan is simple.As long as you can mine with your setup do so as Ethereum PoS is long far away from us no matter what you read in the news and no matter that they did the merge testnet as of late.The Ethereum developers know that if they move to PoS may be a deadly move against Ethereum so the minimum they will do is to extend the PoS as further away as possible.

Mining now can make you huge amounts as I have said many times in this section in different threads,I was mining at a big loss at 2018 but those amount of Bitcoin I mined were precious to me in February 2021,I am repeating that plan,keep mining at a loss and wait a couple of years to get huge benefits.

Metroid

sr. member

Activity: 2142

Merit: 353

Xtreme Monster

Quote from: VRExpress on June 15, 2022, 02:25:33 PM

Quote from: Metroid on June 15, 2022, 02:11:28 PM

My plan, wait btc to crash below 10k and then put 60% of all my money into it.

What the f? Metroid what do you see that makes you think that BTC will go lower to 10k in this bear market? The first person I heard this from is the Cardano CEO lol, I never thought you are thinking the same thing.. My target is 13,000$ and I think its very possible.

2020, BTC never hit that CME gap at 9600 usd. So I said when btc was 10k and trolls were expecting it to crash below 10k and I said that BTC will go to 79k then crash to hit that CME gap of 9.6k. BTC hit 69k which was 10k lower than what I thought it would be, so that was 15% margin of error, maybe this time will be another 15% of error too? I wonder. I know when to buy and this will get worse worse and worse before it gets better. I still think will be a last bulltrap before btc crashes and we see the true bottom.

VRExpress

member

Activity: 263

Merit: 15

Quote from: Metroid on June 15, 2022, 02:11:28 PM

My plan, wait btc to crash below 10k and then put 60% of all my money into it.

What the f? Metroid what do you see that makes you think that BTC will go lower to 10k in this bear market? The first person I heard this from is the Cardano CEO lol, I never thought you are thinking the same thing.. My target is 13,000$ and I think its very possible.

Metroid

sr. member

Activity: 2142

Merit: 353

Xtreme Monster

My plan, wait btc to crash below 10k and then put 60% of all my money into it.

ANSEL_2.0

member

Activity: 271

Merit: 14

Ethereum merge isn't happening any time soon which makes me feel like its a good thing, at least even if miming profitable isn't good any more ETH mining will still remain the best as other algorithms takes more electricity than Ethereum, I will stick with ETH mining instead.

arielbit

legendary

Activity: 3388

Merit: 1059

The plan is there is something you can do/talk/engage outside of crypto, you will get bored, you won't earn enough to make it worth your time.

...if you can mine, then stability is king because it is not worth your time(set and forget setup)..

FloppyPurpleGherkin

jr. member

Activity: 306

Merit: 2

Quote from: FP91G on June 15, 2022, 04:08:09 AM

Quote from: Z390 on June 15, 2022, 01:54:05 AM

What PoW altcoins you think will survive this bear market and stand strong in 2024 when bear market is getting over with? And which altcoins would you rather mine and hold for 2024 and 2025?

The best plan is to mine ethereum or other profitable coins while you still have the opportunity. If you have read this article, then understand that it is very difficult to make plans after the end of Ethereum mining.
https://bitproit.com/gpu-mining-profitability-after-ethereum-merge/

Though there is some partial truth's in that link from Bitpro.. They've neglected to input a lot of data and when at the end they offer to buy your mining rigs it's pretty laughable or am I missing something?

ETH's network is AT LEAST 50% ASIC's, probably nearer 70% yet he didn't take this into account.

There are also several (GPU minable) coins that are not on his list.

FP91G

legendary

Activity: 1610

Merit: 1026

Quote from: Z390 on June 15, 2022, 01:54:05 AM

What PoW altcoins you think will survive this bear market and stand strong in 2024 when bear market is getting over with? And which altcoins would you rather mine and hold for 2024 and 2025?

The best plan is to mine ethereum or other profitable coins while you still have the opportunity. If you have read this article, then understand that it is very difficult to make plans after the end of Ethereum mining.
https://bitproit.com/gpu-mining-profitability-after-ethereum-merge/

Z390

sr. member

Activity: 714

Merit: 296

Cashback 15%

What PoW altcoins you think will survive this bear market and stand strong in 2024 when bear market is getting over with? And which altcoins would you rather mine and hold for 2024 and 2025?

Topic: Tell me your plan - page 3. (Read 581 times)