The Squeeze is comin! [official thread for panicking] - page 2.

Thetaj

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Merit: 116

Quote from: Thetaj on June 20, 2018, 11:24:19 PM

Honestly, Solo mining is not that bad. I got a block in 2 weeks.........but it was a BCH tho

To solo mine with any consistency in these times? around 5-10PH at the very least.

But if you wanted to play the lottery maybe 1PH would be a good start. That is IF you got enough cash to front electricity for 2-3 months.

Thetaj

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Activity: 402

Merit: 116

So I shorted 2 BTC as a hedge against a down market at 8.1k because I couldn't access my cold storage for a week (was out of country). I came back to 4btc lol. But overall I think I still have the same amount of USD. Damn it I wish I wasn't reasonable all the time and just shorted everything. Would have been rich.

sidehack

legendary

Activity: 3416

Merit: 1865

Curmudgeonly hardware guy

No, no sell orders. If I was that worried about profits I'd have gotten a different job ages ago, but greed is not among my motivations.
The majority of my BTC savings, about 90% of my capital at present, were taken in when coin was well above $10k. I think I can out-of-pocket what I need for a first batch of something new without having to dip too heavily into BTC savings, and hopefully revenue from the first batch would more than pay for the second and so on. And then when BTC goes back up after a while it'll start to cancel out all the ridiculous losses from Christmas season sales at $15k.

One of the good things about hosting others' miners instead of mining on my own is I'm insulated somewhat from the spikes. I get paid the same amount every month regardless. Hosting just covers building overhead though, not payroll or R&D or anything else.

NotFuzzyWarm

legendary

Activity: 3822

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Evil beware: We have waffles!

Quote from: sidehack on August 08, 2018, 07:48:39 AM

So whose idea was it to tank the exchange some more? Bitcoin's price drop in the last ten days has cancelled out all my sales revenue from the last three months, right before I needed it for the next project.

Sorry, I cashed out $2k worth of BTC at $7100 near its peak yesterday and must have killed the bull run....

rifleman74

member

Activity: 658

Merit: 21

4 s9's 2 821's

Quote from: sidehack on August 08, 2018, 07:48:39 AM

So whose idea was it to tank the exchange some more? Bitcoin's price drop in the last ten days has cancelled out all my sales revenue from the last three months, right before I needed it for the next project.

Didn't have any sell orders in there, just to protect your profits?

minefarmbuy

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We are not retail.

Quote from: sidehack on August 08, 2018, 07:48:39 AM

So whose idea was it to tank the exchange some more? Bitcoin's price drop in the last ten days has cancelled out all my sales revenue from the last three months, right before I needed it for the next project.

Patience I suppose. .. .. power bill will be looming soon for me.

Wasn't there some dumb mt gox move again?

sidehack

legendary

Activity: 3416

Merit: 1865

Curmudgeonly hardware guy

So whose idea was it to tank the exchange some more? Bitcoin's price drop in the last ten days has cancelled out all my sales revenue from the last three months, right before I needed it for the next project.

rifleman74

member

Activity: 658

Merit: 21

4 s9's 2 821's

Quote from: philipma1957 on July 28, 2018, 09:59:11 AM

Depends on when you got into this.
Depends on depth of your pockets.
Depends on what you have on the line.

Well if you bought at 19k and still haven't sold...the upward price should have some what settled your fears. Like gambling, don't bet more than you can afford to lose!

minefarmbuy

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We are not retail.

True, but those replying here don't seem like the panicky types was all I was trying to convey.

philipma1957

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'The right to privacy matters'

Quote from: minefarmbuy on July 27, 2018, 03:52:36 PM

Pretty much rebounded by now. Threads like are pointless, don't think anyone here is going to panicked by fluctuation or bear market.

Depends on when you got into this.
Depends on depth of your pockets.
Depends on what you have on the line.

minefarmbuy

full member

Activity: 1022

Merit: 221

We are not retail.

Pretty much rebounded by now. Threads like are pointless, don't think anyone here is going to panicked by fluctuation or bear market.

Raymond_B

member

Activity: 504

Merit: 71

Just Getting Started...

Quote from: rifleman74 on July 26, 2018, 08:19:31 PM

Small dip from that Winklevoss ETF being denied.

I think it speaks well towards a bullish market that the Gemini ETF FUD did not do much damage.

rifleman74

member

Activity: 658

Merit: 21

4 s9's 2 821's

Small dip from that Winklevoss ETF being denied.

Thetaj

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Merit: 116

Its just for us miners to have a bit of fun while we watch the world burn Cheesy

minefarmbuy

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We are not retail.

I wonder if this thread is supposed to be about orange juice anxiety.. ..

d57heinz

legendary

Activity: 1453

Merit: 1011

Bitcoin Talks Bullshit Walks

Quote from: Thetaj on July 22, 2018, 01:27:44 PM

20-25% diff spike boyz

Yep a nice big jump. Must be some new tech coming online again. I don’t know why one would even throw a 100k at it at this point. Mining at small scale is all but dead. Don’t fool your self.

Currently 8 min block times and 43exa hash. https://reddit.app.link/Mzkmk8SpMO

BR

rifleman74

member

Activity: 658

Merit: 21

4 s9's 2 821's

MORE SQUEEZE!!!

$7623

things can squeeze upward you know

Thetaj

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Activity: 402

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20-25% diff spike boyz

sidehack

legendary

Activity: 3416

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Curmudgeonly hardware guy

Gosh I hope not. I'm finally starting to relax a bit.

minefarmbuy

full member

Activity: 1022

Merit: 221

We are not retail.

When? Now?

Topic: The Squeeze is comin! [official thread for panicking] - page 2. (Read 2344 times)