Your still the best at that. Mining and what you get is not stable for months and months, just a matter of time till it implodes and the cycle repeats. Some stores stopped accepting bitcoin cause the value is all over the place now.
Right ok, I've been mining for 8 months now, and I have been getting anywhere from 4 bucks to 8 bucks a 1070 man. You just don't pull numbers out of your ass, and make things up ok?
I don't give a shit if it implodes, as long as the cards are paying for the electricity they burn, I'm getting coins, that is what is important, its an investment, with out putting any money down. I was able to pay off 73 rigs, 3k each in 6 months, now I'm sitting pretty. Everything I make from now on till I get new cards, is all MONEY, making close to half of what I make at my day job right now! Imagine if I didn't stop buy rigs? I would be up to over 100 rigs by now that is close to a 800-900k per year! With an investment of 300k! So the coins I make now pay for the upgrades or new rigs, either way I'm sitting on hardware that I can sell of at a later date, So there is more money involved then just the coins I make.
This was what I was saying since I started mining last March, if you aren't smart enough to figure out the 6 month cut off ROI you will be screwed cause you can't make money then. Right now Titan V will get paid off in 5 to 6 months. But will be the same once Volta or Ampere gaming cards comes out? Probably not cause difficulty will go up by a factor of 2 or more. So we can say 8 months pay off. Its on the fringes of not being profitable.
Eth will not drop in price anymore,
There are over 1000 major financial institutions that want to make cryptocurrancies a COMMODITY. Its already happening, Chicago Commodities Exchange introduced Bitcoin to their market. This was the reason why Bitcoin has been going up the past 3 months. People are thinking its a bubble. Its not a bubble, initially before it happened yeah that was the bubble, but now the demand for bitcoin is going up. All those people that don't understand cryptocurrancies, and didn't want to purchase them now are capable of doing it with backing without the risk as before.
You don't know this shit, you can't correlate these and just think cryptocurrancies are based of a whim, they aren't, there are solid reasons for Bitcoins price hikes and if you followed any cryptomarket, everyone saw this coming! I even stated before bitcoin went from 4k to 12k, I'm going to start going for Bitcoin, all other coins don't matter to me much, cause it was that easy to see. This is just one exchange, what about all the others out there? Once they start with it, Bitcoin is going to go crazy, I would not be surprised to see Bitcoin at 50k at the end of this 2018. And that is a low estimate. If retailers and online shops start taking bitcoin as a form of currency, we are looking at 100k easy.
The nicehash hack, should have hurt the market just like the hack that took down the biggest exchange years ago (that hack was a fraction of this hack, think it was 2 million). It didn't, it didn't do anything because that day was when CCE announced the introduction of Bitcoin to their markets.
When you have people that much more interested in buying Bitcoin, 65 million is what 5% of the total bitcoin market cap, the price double since then, that means there is x2 the demand of Bitcoin since that point forward, cause supply goes up very slow.
If you believe in AMD's BS about cryptomarkets going to collapse in 2018, you haven't been following what really is going on! Its the absolute opposite of what they are saying. What they are saying its going to collapse for them. Cause their products will not be able to be at the position they are at, at the moment.
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