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22 hours ago, Mookz said:

Yeah, what the ehff?  I thought Bitcoin was supposed to go up when traditional society crumbles.  <_<

Combustion engine baby 

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22 hours ago, Mookz said:

Yeah, what the ehff?  I thought Bitcoin was supposed to go up when traditional society crumbles.  <_<

Same :(

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5 minutes ago, tanatastic said:

They took a huge crap on all the geniuses who “bought the dip” before all this.

It was under 4k this time last year and just a few months ago in December and is already back above 5,5k. Whenever everyone else is selling it's usually a good time to buy. 

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1 hour ago, iam90sbaby said:

Same :(

I'm kind of itching to average down, here.  When all this misplaced hysteria dies down by summer, won't it go right back to hovering in the nine thousands?  🤔

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On 3/12/2020 at 7:26 PM, Mookz said:

Yeah, what the ehff?  I thought Bitcoin was supposed to go up when traditional society crumbles.  <_<

perhaps the problem is that cryptos turned out to not really be what they were touted as.. (decentralized currencies)... if you remember, that was the big selling point and then it became "well XYZ company is already implementing block chain!" .... which is great but if all of these companies are utilizing block chain, then block chain is bound to go down when the broader markets go down and in the end, crypto currency just became another centralized payment method. 

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1 hour ago, Mookz said:

I'm kind of itching to average down, here.  When all this misplaced hysteria dies down by summer, won't it go right back to hovering in the nine thousands?  🤔

like most stocks, i would think so.

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Could be a great time to consider this technology regarding currency.  Debit or credit only may be the new norm due to potential viral transmission on paper currency.  
 

Maybe it’s the weed but just my hunch.  😎

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Popped its head over $9k briefly today.  :ninja:

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I bought a Bitmain Antminer S9 Bitcoin Miner 14TH ASIC Miner yesterday for some stupid reason

 

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31 minutes ago, Cdub100 said:

I bought a Bitmain Antminer S9 Bitcoin Miner 14TH ASIC Miner yesterday for some stupid reason

 

What about this halvening I've been reading about?  Does that mean you're about to make 50% less mining Bitcoin than you would have?  🤔

 

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6 minutes ago, Mookz said:

What about this halvening I've been reading about?  Does that mean you're about to make 50% less mining Bitcoin than you would have?  🤔

 

I guess so... but then again when supply is limited prices usually increase?

 

ETA - I know very little about crypto.

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16 minutes ago, Cdub100 said:

I guess so... but then again when supply is limited prices usually increase?

 

ETA - I know very little about crypto.

Yup, in the past I think prices have increased.  Curious whether @iam90sbaby thinks the price will go up again this time or whether it's already baked in.  🤔

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My basement stays a good 60ish degrees year round so I figured why the hell not. I'll try one and see how it goes.

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2 minutes ago, Cdub100 said:

My basement stays a good 60ish degrees year round so I figured why the hell not. I'll try one and see how it goes. 

How much ya pay?  A quick google search shows widely varying prices.  

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36 minutes ago, Mookz said:

How much ya pay?  A quick google search shows widely varying prices.  

160 for a new unit. I saw some used between 100-150, but I read these things don't last forever.

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1 hour ago, Mookz said:

Yup, in the past I think prices have increased.  Curious whether @iam90sbaby thinks the price will go up again this time or whether it's already baked in.  🤔

There will only be 21 million bitcoins when they are all fully mined, when they created it they wanted it to replicate gold and theyve already mined over 15 million of them so they are probably just trying to slow that entire process down. I'm in it for the long haul so my answer is yes.

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closing in on 10k

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42 minutes ago, edjr said:

closing in on 10k

T minus 4 days until the halvening.  😱

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Just now, Mookz said:

T minus 4 days until the halvening.  😱

what will the ladies do with all 4 inches?

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So I got my miner all hooked up and mining. Holy sh1t is it loud. all the videos say they are loud, but WOW! They are very loud.

Currently mining 14.55Th/s Hour

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5 minutes ago, Cdub100 said:

So I got my miner all hooked up and mining. Holy sh1t is it loud. all the videos say they are loud, but WOW! They are very loud.

Currently mining 14.55Th/s Hour

Like KC stadium loud or your wife’s vibrator loud?

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32 minutes ago, Patriotsfatboy1 said:

Like KC stadium loud or your wife’s vibrator loud?

Like my wifes vibrator hooked up to a microphone blasting over the KC stadium speakers.

  • Haha 1

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I've made a whole 0.92 cents. Of course, I probably spent $3.42 in electricity

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32 minutes ago, Cdub100 said:

I've made a whole 0.92 cents. Of course, I probably spent $3.42 in electricity

Just be patient.  If you keep up this pace, you can make it up on volume.  ;)

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22 minutes ago, Patriotsfatboy1 said:

Just be patient.  If you keep up this pace, you can make it up on volume.  ;)

He already said it was really loud. :dunno:

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1 hour ago, Cdub100 said:

I've made a whole 0.92 cents. Of course, I probably spent $3.42 in electricity

You're doing it wrong. You need software to hack into other people's devices and use their computing power for mining

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There's a real battle for $10k going on right now.  :shocking:

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On 5/8/2020 at 12:15 PM, Mookz said:

There's a real battle for $10k going on right now.  :shocking:

Well, we tried $10k, we didn't like it, and we fell back below $8k.  😫

Now we're creeping up toward $10k again.  🤔

Could this time be different, without all the bagholders who swore they would sell if it ever reached $10k again?  :ninja:

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I use coinbase and found out my bank (PNC) won't work with them anymore.  Are there other ways to put money into it?  What about when I want to cash out (currently have about $1500 in there)

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On 5/8/2020 at 10:41 AM, Cdub100 said:

I've made a whole 0.92 cents. Of course, I probably spent $3.42 in electricity

Reminds of in Forrest Gump when  he catches 4 shrimp and the old guy says “if you get a couple of more you can have yourself a cocktail”. 

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5 minutes ago, Hardcore troubadour said:

Reminds of in Forrest Gump when  he catches 4 shrimp and the old guy says “if you get a couple of more you can have yourself a cocktail”. 

0.00071093 BTC

Confirmed Reward

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30 minutes ago, Cdub100 said:

0.00071093 BTC

Confirmed Reward

About $1/day at today's prices.  Not too shabby.  :banana:

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Just now, Mookz said:

About $1/day at today's prices.  Not too shabby.  :banana:

It is when I'm spending $2 a day in electricity

 

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Just now, Cdub100 said:

It is when I'm spending $2 a day in electricity

 

Hmm, maybe you could plug into your neighbor's outlet.  🤔

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56 minutes ago, iam90sbaby said:

You need to solar power it and get a couple more miners trust 

Also try one of these MB's

https://www.msi.com/Motherboard/H310-A-PRO

You can't mine bitcoin on GPU units any more

I mean you can but it's even worse than what I'm using now. You can't get the hash rate fast enough

 

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5 minutes ago, Cdub100 said:

You can't mine bitcoin on GPU units any more

I mean you can but it's even worse than what I'm using now. You can't get the hash rate fast enough

 

Can you try mining one of the altcoins?  Probably alot more profit in other coins and less people mining them as well so it'll be easier for your system to complete blocks

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8 minutes ago, vuduchile said:

Crypto schmypto.   Go buy some sports cards if you wanna make some real money.  

More money in crypto and less work

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