Krenum
Fully [H]
- Joined
- Apr 29, 2005
- Messages
- 19,193
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As a 980ti owner, I'm happy that NVIDIAs near two year run on the 1000 series has kept my card relevant. That said...
...if the rumor is true...
April can't come soon enough!
Same here, the 980 Ti was a very good investment!
I will probably be trying to get one of the new cards right away as well, but it will be interesting to see if the 2080 is that much faster than the 1080Ti or if the real card to wait for is next years 2080Ti card.
I'll wait for the inevitable Titan version.
They are gonna stop the money going through crypto very soon. Banks can't have have competition!
https://cryptovest.com/news/likely-next-us-federal-reserve-chair-thinks-cryptos-need-oversight/
Miners! Prepared to be laid to WASTE! ;-)
Not going to happen for years,
https://www.coindesk.com/crypto-regulation-not-anytime-soon-says-white-house-official/
doesn't matter how or what the governments around the world try to do, until they realize crypto is here to stay, and start accepting crypto as commodities, they will not be able to police them. There is no way any government can tell people they can't use Crypto, they have no control over Crypto. China said their people can't use them, ok, but that doesn't mean they can't use them, those people still can use Crypto in other countries, just not in China, when things like that happens that's when black markets show up. There is no policing over this there too. PS, if those people are millioniares, and getting bitcoin, you should know they still can get their money they don't need to be worried that China doesn't accept Crypto as currency.
Right. And guess what smart guy, without regulation and insurance you have NO PROTECTION over someone hacking and stealing all your wittle currency. Which means no FDIC protection. See if someone steals from my bank I am insured up to $250,000. If someone tries to take money or gold from my safe, I blow their face off with a shotgun. Steal crypto, ummm, ahhhh, darrrr...tears in a basket. Also all your money spent on high electricity and card buying just went out the door. And since you don't have a Gold Standard to back rate and worth of the currency it literally is worth the air its being pulled out of. There is only the now to sell this on, not a future rating.
So yes Francis, if you started over 5 years ago it will have paid you well until all governments come knocking looking for their share, which is going to happen. If you honestly believe all you nerds are going to get away with Millions of dollars without paying any country or the man, lots of jail cells are going be getting filled, foreclosures, and bank repos.
Oh and you will have killed the GPU market completely. When this all goes away from theft alone, 1080Ti's are going to flood the market at half their price on ebay, (company doesn't make money again on a card that was already bought and paid for) causing new $600-700 gpu's to sit on shelves. Luckily Nvidia is really diverse in their portfolio so another Pascal refresh wouldn't hurt them if they are smart about this.
Let me know when your computer spits out a gold B covered coins in its physical form. Till then, doors are going to be broken, nerd tears are going to fall, and tv specials about how I lost it all on crypto-currency are going to be a plenty.
Right. And guess what smart guy, without regulation and insurance you have NO PROTECTION over someone hacking and stealing all your wittle currency. Which means no FDIC protection. See if someone steals from my bank I am insured up to $250,000. If someone tries to take money or gold from my safe, I blow their face off with a shotgun. Steal crypto, ummm, ahhhh, darrrr...tears in a basket. Also all your money spent on high electricity and card buying just went out the door. And since you don't have a Gold Standard to back rate and worth of the currency it literally is worth the air its being pulled out of. There is only the now to sell this on, not a future rating.
Right. And guess what smart guy, without regulation and insurance you have NO PROTECTION over someone hacking and stealing all your wittle currency. Which means no FDIC protection. See if someone steals from my bank I am insured up to $250,000. If someone tries to take money or gold from my safe, I blow their face off with a shotgun. Steal crypto, ummm, ahhhh, darrrr...tears in a basket. Also all your money spent on high electricity and card buying just went out the door. And since you don't have a Gold Standard to back rate and worth of the currency it literally is worth the air its being pulled out of. There is only the now to sell this on, not a future rating.
So yes Francis, if you started over 5 years ago it will have paid you well until all governments come knocking looking for their share, which is going to happen. If you honestly believe all you nerds are going to get away with Millions of dollars without paying any country or the man, lots of jail cells are going be getting filled, foreclosures, and bank repos.
Oh and you will have killed the GPU market completely. When this all goes away from theft alone, 1080Ti's are going to flood the market at half their price on ebay, (company doesn't make money again on a card that was already bought and paid for) causing new $600-700 gpu's to sit on shelves. Luckily Nvidia is really diverse in their portfolio so another Pascal refresh wouldn't hurt them if they are smart about this.
Let me know when your computer spits out a gold B covered coins in its physical form. Till then, doors are going to be broken, nerd tears are going to fall, and tv specials about how I lost it all on crypto-currency are going to be a plenty.
Come on, guys! We love to toy with you all! Mining is here to say, but be expecting uncle sam's rubber gloves up in your anus for his cut!
Eventually, what makes this extremely hard to regulate is the nature of the block chain, the block chains are so different from one another that a single rule or law can't encompass it. Law makers can't split the block chain away from the coin. The coin is there to incentivize mining. The block chain can't function without the coin. The value of the coin comes from demand and supply. The value of the block chain comes from what its being used for (this also helps coin prices too).
Its like monetizing a ledger book. Is the book the real value? No its not. Its whats in the book that is the real value. So it comes down to the actual goods again. But how are governments going to regulate something they don't know who has what. Yeah they can see someone has an exact amount. But its not like they can take a wallet address and see who has that wallet address. They can if someone is converted directly from their offline wallet to fiat, but that isn't possible. Its transparency without transparency. Transparency of the block chain isn't the same thing as transparency of the owner. That is why they tried to force Coinbase to show them transactions to banks, Coinbase pretty much said FU, its too much work to show all of the transactions, later they stated they will only show transactions over 20k.
I agree 100%, only one thing you fail to account for. Uncle Sam is a bitch and will be looking for a way to tax us.
Here's hoping it launches in time for me to step up my evga cards.
Does that mean I get a discount on your leftovers? Yeah, I know pathetic!