I reckon there will be a huge surplus of 2nd hand 10x0 series Nvidia cards once the mining boom goes pop, so much so that 20x0 prices will be affected (lowered).
Let's hope it "goes pop" soon then.
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I reckon there will be a huge surplus of 2nd hand 10x0 series Nvidia cards once the mining boom goes pop, so much so that 20x0 prices will be affected (lowered).
It might be time to kind of turn the crypto currency owners motto back on them......
HODL (hold on for dear life)
Might be nothing more than just another blip/bump but as others have stated anyone with access to the MM can notice a recent uptick in people looking to offload entire mining rigs....
You may suffer some serious buyers regret if you buy a used card for above previous retail prices just to see the used market tank.
Graphics card buyers HODL? (hold off....)
It's so easy to buy and sell BTC or Alt Coins these days, I have no idea why people are using GPUs to mine. Just buy low, sell high... it's effortless.
What makes you think it’ll go “pop” at all?
Graphics card buyers HODL? (hold off....)
What makes you think it’ll go “pop” at all?
The strength in bitcoin is the ease of money laundering, anonymity and general aiding and abetting of criminal activity.
I think your confusing Bitcoin with Monero
And squeaky clean banks never launder money and have ethics?The strength in bitcoin is the ease of money laundering, anonymity and general aiding and abetting of criminal activity. What we have seen recently, is an influx of people actually seeing it as an investment to rival an ISA etc.. but for those people to invest with confidence, the crypto system needs regulations and guarantees.
It's a paradox. I know lots of non tech savvy people ploughing £1000's into BTC and as soon as they start losing money with no one to complain to, the confidence will evaporate.
And squeaky clean banks never launder money and have ethics?
Guaranteed most hedge funds will be part crypto-filled.
The old chestnut that the crypto market is fuelling criminal activity is no more true than banks doing the same thing. The banks just want a slice of the action. Moral high ground has nothing to do with it.
Don't be so naive unless you're a banker, in which case, you've got your own agenda.
And squeaky clean banks never launder money and have ethics?
Guaranteed most hedge funds will be part crypto-filled.
The old chestnut that the crypto market is fuelling criminal activity is no more true than banks doing the same thing. The banks just want a slice of the action. Moral high ground has nothing to do with it.
Don't be so naive unless you're a banker, in which case, you've got your own agenda.