Quote from: SmartGold01 on February 18, 2024, 09:53:16 PM

Normally I do read lot of things here and when there's no money I hardly feels it because I am always occupied here. One can only be broke if she or he has nothing doing but when you are occupied you can't really tell whether you are broke or not before you knew it weeks already runs out for you to get compensated over here.

Yeah the more occupied you are, the less you spend, especially on irrelevance. Exactly the reason why some people prefer to always get stuck on their computer all day at home or work, because they know leaving the house could incur more expenses for them, so they'd prefer to stay in their house to avoid much expenses.

. this is very true. I have no place to go to outside of my home that won't cost money.

but here in my comfortable home I make money by posting reading and selling gear on eBay.

In our society many people fail to understand the importance of rest, quality rest helps us in different ways, health wise, it is advisable to rest because it when our body is at rest. It helps to relax all the tissue in our body.
But while at rest one can steal earn money ...
Many people will ask, How can i earn money while at rest ? And looking at the question, one can say that it is only for those who has big business and employees that can earn while resting because they have workers who help the perform the task and are being paid for it.
But having a good trading skill, one can be at his/her comfort zone  and earn money.

may I ask what does earning wealth have to do with your topic.

I am earning some wealth right now by asking this question. But I am not at rest.

I do earn even when I rest as I have bonds that earn income.

Probably yes, but you're betting whether coin you mine could retain it's price or popularity. Looking at https://whattomine.com/, only few of profitable coins have fairly high trading volume.

Quote from: MrSpasybo on May 09, 2024, 12:18:36 AM

What I'm worried about is not the electricity price, but the price of GPUs as the AI trend is using up most of the GPUs on the market.

CMIIW, but doesn't AI trend only use enterprise GPU? That means miner could go after non-enterprise GPU.

raven works with cheap power. but when i mine raven i do it on nicehash and convert to btc.

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Your opinion is greatly appreciated.

prefect kyc is the goal of many governments in the world 🌎.

they say without true kyc terrorists can use btc to wreak terror.

down the road this will be the norm.

Quote from: philipma1957 on May 11, 2024, 04:56:37 PM

Quote from: Igebotz on May 11, 2024, 03:43:49 PM

After the next bull run cycle, the probability of Bitcoin falling below $100k is not inconceivable, but it is unlikely. I'm not sure when BTC will reach $200k-400k, and if I tell my kids that I bought my first BTC below $400, they'll never believe me if they don't see a Porch or a Ferrari in the basement. LOL  My current purse is not enormous, and I feel that BTC is becoming further out of reach with each passing year.

Gambling is a way of life, so I'm just taking my chances now; if it falls below what I expected, I'll stack 70% of my savings; if it stays the same or rises slightly, I'll stack 40% of my savings and gamble 30% on Ethereum.

Sorry for your eth choices but to each Thier own. My thoughts on eth is it is a dead coin and get out of it. Move your eth to Solana.  My thoughts are just that thoughts. I have fully liquidated all my eth and happy I did it.

What happened to crypto asset diversification? Where do we draw the line? I have a few Sol shitcoins in my wallet that I purchased at the $18 dip, and I haven't decided whether to get eth just yet; everything is dependent on the Bitcoin price. I imagine eth hitting $10k or more in the next bull market, and owning 2-3 pieces wouldn't be a bad idea unless you know something I don't. Tell me.

I am anti eth and have been anti eth for years. basically it is not for me. Do I know anything special about eth no. but I believe it lost its way when it left POW. I also think both AMD and Nvidia would like to hurt them for leaving mining. So I feel there is a target on the back of eth. But that is just what I think

Quote from: dekafee79 on May 10, 2024, 05:53:52 PM

Yes, many ethereum users are moving to Solana and BNB. The ethereum network has many weaknesses with high gs fees which burden users. but for big investors they still believe in ethereum, this is what is difficult for Solana and BNB to beat ethereum

As long as Ethereum still does not fix this problem, it is certain that ethereum users will decrease and this will have a direct influence on the price of ethereum in the market. Investors and other whales still believe in Ethereum because Ethereum is the network that has the best security.

yeah I consider ETH to be the worst coin to hold and stake. I see a long drop in its price and no hope for longterm gain to a number such as 10k would be next to impossible.

Quote from: Lucius on May 11, 2024, 03:20:23 PM

Are you referring to this cycle or in general that it will no longer be possible to buy under $100k? In any case, I believe that regardless of the strength of the bull run, in the end there will still be a correction, and that it will not be less than 50%, which will mean that at some point the price of BTC will again be as it is today (possibly even lower).

As for hesitating and waiting for the "right moment", it is certainly some kind of game or even gambling - because although it is possible that the price will fall even lower, it is also possible that it will not be much lower than the levels we had recently. In addition, a lot of people today are not at all satisfied, even when you tell them that within 1+ years they could earn 100% if they invest in BTC, because they dream of earnings from the past, and today's numbers are missing at least one 0 more that is not at all realistic.

After the next bull run cycle, the probability of Bitcoin falling below $100k is not inconceivable, but it is unlikely. I'm not sure when BTC will reach $200k-400k, and if I tell my kids that I bought my first BTC below $400, they'll never believe me if they don't see a Porch or a Ferrari in the basement. LOL  My current purse is not enormous, and I feel that BTC is becoming further out of reach with each passing year.

Gambling is a way of life, so I'm just taking my chances now; if it falls below what I expected, I'll stack 70% of my savings; if it stays the same or rises slightly, I'll stack 40% of my savings and gamble 30% on Ethereum.

Sorry for your eth choices but to each Thier own. My thoughts on eth is it is a dead coin and get out of it. Move your eth to Solana.  My thoughts are just that thoughts. I have fully liquidated all my eth and happy I did it.

well it is only 20 days past the ½ ing and things suck for mining ⛏️.


if you dca and hodl it is a non issue.