Jump to content

The CryptoCurrency Thread


eddy4823
 Share

Recommended Posts

  • 4 weeks later...

Regarding mining, It doesn't make any sense to get into mining when the GPU prices are already 35%+ that means it would take us extra 4-5 months to recover our investment. If we take that 4-5 months into consideration it really pushes on the edge of the cliff, As in another 14-16 months we could see the ETH 2.0 coming then those GPU would become useless. However there are other cryptos that can be mined but for that running 12GB GPU would result in higher electricity bills than the payouts. 

So thats why I dropped the plan of building a rig, I would build one once the dust of this mining settles down and The prices of the GPU are around the MRP's. Will build a 6GB GPU rig of probably 8 GPU's (1660S) and mine Raven with it. It would yield better returns than 3060 mining ETH. Whenever I do that I would ping you guys. 1660S use to retail around 24k and now days its around 40k. So lets wait once ETH 2.0 launch comes near all the FOMO GPU miners would run away, Resulting in drop in prices. 

 

Meanwhile just keep investing, I mentioned few projects in this thread few months back & look at them today all are 2 times from the prices at that time. Still you guys can invest into MATIC-ADA-1INCH but invest at your own risk :)

Link to comment
Share on other sites

  • 2 weeks later...
8 minutes ago, Bird Bird Bird said:

 

Is it even affecting the BC price ? Not much change. Just 7-8%

Lazer eyes and diamond hands. 

People might be taking this casually but with the recent crackdown, this seems like a real deal.

Link to comment
Share on other sites

  • 2 weeks later...

Just keen to know on what's been happening recently. People are still mining Ether, wasn't it supposed to end with ETH 2.0 and with the Proof of Stake coming into picture. If someone wants to jumps into Crypto-mining right now, is it a good time or the time to reap profits are gone.

Link to comment
Share on other sites

Posted (edited)
2 hours ago, Swunkjyn said:

Just keen to know on what's been happening recently. People are still mining Ether, wasn't it supposed to end with ETH 2.0 and with the Proof of Stake coming into picture. If someone wants to jumps into Crypto-mining right now, is it a good time or the time to reap profits are gone.

I mine for 24 hours every week just to see how much the rewards are. They are pretty low last I checked. From 15USD per day, it dropped to 5-6USD (RTX 3070 FE). The price of ETH is high as hell, but it's the reward that matters. 

Edited by eddy4823
Link to comment
Share on other sites

10 hours ago, eddy4823 said:

I mine for 24 hours every week just to see how much the rewards are. They are pretty low last I checked. From 15USD per day, it dropped to 5-6USD (RTX 3070 FE). The price of ETH is high as hell, but it's the reward that matters. 

Hmm, I may need to reach out to you then for tips on Crypto.

Marvel Studios Reaction GIF by Disney+

Link to comment
Share on other sites

1 hour ago, Swunkjyn said:

Hmm, I may need to reach out to you then for tips on Crypto.

Marvel Studios Reaction GIF by Disney+

Anytime. I don't invest now. Only mined this year to reach the break even point for my GPU. It paid for itself. 

Link to comment
Share on other sites

5 minutes ago, eddy4823 said:

Anytime. I don't invest now. Only mined this year to reach the break even point for my GPU. It paid for itself. 

That is what most people are doing, trying to recuperate the cost as much as they can or till as long as they can.

Link to comment
Share on other sites

These are the crypto currency  im looking for investing .

I think they have huge potential in near future.

Other fellas Pls share your views.

 

These are my predictions.

 

1-Harmony one. (ONE)

REASON-Its a smart contract platform like eth,binance.ONE has one million daily transactions,higher than ADA (70k-90k),AVAX (220k).

And it has a market cap. Of 2.3B .

I think it has some room to go up.

maybe to 10B.And they are also dumping lot of money for new projects on theire network.

 

2-KAVA

REASON- Its a defi platform on its own native blockchain with a market cap of 600M .They have raised 185M for developing theire platform.

And i think defi platform will keep grow in future also.if im right it can go to 5B of market cap.But its a crypto world nothing you can say for sure.its real crazy.

 

3-Splinterlands (SPS)

REASON-NFT card games market are insane right now.Personally i think blockchain card games are for idiots.pls Dont mind if anyones into it:giggle:.But it seems like these idiots are in large numbers .And also have huge sums of money.

Top crypto game axie infinity (AXS)

Have market cap of 6 billion.can you believe it:surprise:. There are many games with atleast 200 to 300 Million market cap .Whats Funny is that many of them are not even released yet.they'r not evn playable.I know what your thinking,whats wrong with this crypto world.:loco:

btw SPS have market cap of 100M.They have 500k users for past 30 days.and i predict it can go to 400M.BTW game is released.

I believe in those idiots:majesty: thats why its the first one out of three, i invested 2k on it.:naughty:

 

Guys what are your views on these 3 cryptos.pls do your research and share your views.

 

BTW CRYPTO MARKET BAZAAR JOKHIMO KE ADHEEN HAI.KRUPYA APNE RISK PER HI NIVESH KRE.:hi:

 

On a serious note i wrote for educational Purpose only,these are just my predictions.just dont go for investing in it bcs i wrote something about it.:nono:

im just like you fellas,not an expert.

Do your research first.

 

Thank you.

:suicide:

 

 

 

 

Edited by Felix the cat
Link to comment
Share on other sites

Happy with the recent Harmony increase.

Also DOT is on on SOL's way, parachain auctions soon. I am glad i converted all my LTC to DOT.

Check ALGORAND, HBAR, AVAX and QNT.

Plus SHIBA INU finally getting lit. Tbh i lost hope on it and was sort of ok with my 10k lost but damn recently it went through the roof.

Link to comment
Share on other sites

Also Check out TEL coin, regularly putting  in that coin.  Today gained around 14%.

Missed the bus on axis infinity though, didnt take the advice. Look where it is today.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...