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Crypto-Currencies and Bitcoin

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How's everyone liking this little recent jump? I went from down 50-60% to up over 25% in the last month.
 
How's everyone liking this little recent jump? I went from down 50-60% to up over 25% in the last month.

I got a great deal on some GPUs and now have 9 rigs, 50+ GPUs. Also recently diversified the holdings a bit. This is all pretty much the best hobby ever. Famous last words!
 
Jesus Christ the process for buying has become difficult

Where do you guys buy for cheap and ideally it doesn't require id
 
I got a great deal on some GPUs and now have 9 rigs, 50+ GPUs. Also recently diversified the holdings a bit. This is all pretty much the best hobby ever. Famous last words!

How have you been doing so far, nate?
 
Jesus Christ the process for buying has become difficult

Where do you guys buy for cheap and ideally it doesn't require id

Without an id? Use Paxful and trade Vanilla Visas ...
 
How have you been doing so far, nate?

I now have 9 crypto rigs.

The thing about mining is it activates both the fear and greed emotions of investing. Fear of current tech becoming obsolete. Greed of doing better and getting an edge. I am hooked.

I just secured an even better location that’s really close to home and they are letting me shop power costs.

I just updated a bunch of equipment too. Got 7700k CPUs for 2 rigs, one 2700x and x470, and the last upgrade was the 8700k and z370k.

The game I was taught was keep costs down w cheap CPUs, but my teachers were right at the time but wrong now. The stronger CPUs allow for mining a coin that I couldn’t previously mine. I’ll disclose that coin once it isn’t so profitable to mine it.

2 rigs on ETH, one on profit switching on awesome miner with Mining Pool Hub, 2 speculating on Loki, and the 4 Nvidia rigs on the aforementioned coin to be named.

Going to be able to CPU mine w the new CPUs concurrently.

Lastly, my new locale is in an electronics recycling facility! They constantly get cheap good parts so I will have plenty of options. I might sell mid-tier gaming PCs for grins as a side project. Also mulling over a VR rental room. I will have to catch up w your thread w @KI4MVP on that subject, but I simply have more pressing issues.

Going to gift the rigs to my kids and charge them for electric costs. They have a low income tax bracket
 
Keep in mind that cryptocurrency is highly speculative and extremely volatile and you may lose your entire investment so never invest more than you're willing to lose. Never take any impulsive steps
 
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Im starting to think you can Get rich off of literally buying this shit at 6k and selling at 8k on these dips and peaks.

I mean this is the most volatile shit ever.
 
Im starting to think you can Get rich off of literally buying this shit at 6k and selling at 8k on these dips and peaks.

I mean this is the most volatile shit ever.

That is not the norm - would not recommend that.

However.....I'm willing to bet it is going to increase dramatically in 2020 (BUT, possibly not before it goes back down significantly).

Pure conjecture - I am no expert.
 
That is not the norm - would not recommend that.

However.....I'm willing to bet it is going to increase dramatically in 2020 (BUT, possibly not before it goes back down significantly).

Pure conjecture - I am no expert.

I don’t pay much attention to it, but it seems like constant fluctuation between 6k and 8k from my limited experience looking at it.

Im more of a long term value investor anyways so I would never touch it.
 
I wouldn't be surprised if Bitcoin crashes when derpbook launches their own digital currency.
 

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