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/biz/ - Business & Finance


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49790828 No.49790828 [Reply] [Original]

>bitcoin is now below electrical cost
Next stop, ZERO

>> No.49791665

Bump

>> No.49792600

bump

>> No.49793070

At wire price do the exchanges get exposed as ponzis? That's the habbening i'm waiting for.

>> No.49794337

bump

>> No.49794377

>>49790828
does this mean I can buy 3070 ti for a decent price someday? I am ok buying a mining card that has been run 24/7 for 2 years.

>> No.49794391

>>49790828
It is actually not profitable to mine bitcoin at these levels.

>> No.49794468

>>49793070

give it about a month as margin calls are made

when the exchanges go kaput price will rocket to $0

>> No.49794496

>>49790828
this will cause a supply shortage which will rockey bitcoin back to 30k though

>> No.49794504

>>49790828
Cathie Wood has a BTC margin call too keku

>> No.49794556

>>49794377
markets will get flooded with cheap graphic cards, anon

>> No.49794559

>>49794496
Where does the money come from you stupid fuck? Another 75bp hike is coming next month

>> No.49794581
File: 39 KB, 344x392, 68747470733a2f2f692e696d6775722e636f6d2f4d4835704864642e67696620.gif [View same] [iqdb] [saucenao] [google]
49794581

>>49794377
In a bit yes, the used market will be flooded(already kind of is on ebay)
But new GPUs releasing this year will funnel even more of them on the used market aka lower prices

>> No.49794627

>>49794377
They’re already at msrp

>> No.49795133

>>49790828
Guys, I have the recipe for this and be rich again.

1. Get an appointment to your dentist.
2. Ask to remove your front teeth.
3. You know the drill
....
Sucky Sucky no scrape

>> No.49795152

>>49794627
msrp 2 years after launch tho

>> No.49795605

>>49794377
3070 ti and below: maybe
higher end GPUs: don't even think about it, Mr. Shekelberg needs those cards to run facial recognition on every single CCTV in existence so you're not getting any

>> No.49795840

This moment is the emperor realizing he has no clothes on. I can't believe people got suckered into thinking this was anything other than a ponzi.

>> No.49796510

bunp

>> No.49796843
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49796843

that tfw when

>> No.49797532

>>49794496
Bro... look up a tutorial thats not how mining works.