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GPU buyers rejoice, the Bitcoin Bubble Has popped for good: Bitcoin is at $7000

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Deleted member 1659

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Just looking over the market over the last few weeks and all the major cryptocurrencies have completely retraced from their all time highs in December with Ethereum probably taking the worst beating down 72% from it's all time high of $1400.

I'm hoping I can pick up a 1080ti for a reasonable price now. What about you Era?
 
vehn

vehn

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Oct 27, 2017
164
Rofl at everyone who bought into the bitcoin ponzi. Was bound to happen
 
thefit

thefit

Member
Oct 25, 2017
6,243
By the dip derps won't let it die fast enough to get me back into considering an upgrade.
 
Interficium

Interficium

Banned
Oct 30, 2017
1,569
I won't be happy until everyone who has owned a bitcoin in their life personally begs for forgiveness and mercy on their hands and knees to every hardcore PC gamer.
 
Steel

Steel

The Fallen
Oct 25, 2017
18,220
I hope you're right but I'm not sure if you are. Things go down and up.
 
Unknownlight

Unknownlight

One Winged Slayer
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Nov 2, 2017
10,571
Bitcoin was below $1000 before its massive climb. I wouldn't exactly call the bubble popped yet.
 
OP
OP

Deleted member 1659

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Lump said:
The 1080Ti launched over a year ago with an MSRP of $699.

Amazon is still showing new ones from $1000-1200.

https://www.amazon.com/gp/aw/s/ref=is_s?k=gtx+1080ti

The bubble hasn't popped until new GPU prices are actually at MSRP again.
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Oh definitely, the prices on GPUs haven't normalized yet but I think the writing is on the wall with cryptocurrencies. Everyone knows this is the death knell and the writing is on the wall. I imagine prices will fall as demand for "mining cards" fall.
 
Kurdel

Kurdel

Member
Nov 7, 2017
12,157
Yeah, I can see 7000-9000 being the new normal value for a while.

I think it's still far from time to dance on Bitcoin's grave, I highly doubt this will bring GPUs to normal prices.
 
Hypron

Hypron

Member
Oct 27, 2017
4,059
NZ
Why do people always talk about bitcoin and GPUs? Bitcoins aren't mined with GPUs anymore. Some other cryptos are, but not bitcoin.
 
Interficium

Interficium

Banned
Oct 30, 2017
1,569
DGP said:
Oh definitely, the prices on GPUs haven't normalized yet but I think the writing is on the wall with cryptocurrencies. Everyone knows this is the death knell and the writing is on the wall. I imagine prices will fall as demand for "mining cards" fall.
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Hopefully cards become free soon, like god and jen-hsun huang intended.
 
lt519

lt519

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Oct 25, 2017
8,064
DGP said:
Just looking over the market over the last few weeks and all the major cryptocurrencies have completely retraced from their all time highs in December with Ethereum probably taking the worst beating down 72% from it's all time high of $1400.

I'm hoping I can pick up a 1080ti for a reasonable price now. What about you Era?
Click to expand...
Click to shrink...

Have you seen?
 
Tahnit

Tahnit

Member
Oct 25, 2017
9,965
I'm noticing graphics cards are coming back down in price. Amazon had a 1070 for msrp a few days ago.
 
OP
OP

Deleted member 1659

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Personally, I'm hoping I can get a 1080ti at a reasonable price so I can play Star Citizen on launch day.
 
prophetvx

prophetvx

Member
Nov 28, 2017
5,332
Bitcoin was at $6250 at the start of February. Crypto isn't going anywhere, it's always fluctuated like crazy. As soon as there is an uptick it'll spike and crash, like it always has. Mining bitcoin hasn't been profitable for a long time, Ethereum even though it has crashed is still profitable.

It will be a long time before miners stop buying GPU's. Speculative investors on exchanges may be a different story.
 
MattyG

MattyG

Member
Oct 25, 2017
2,031
Lmao we have this thread like every two weeks and it always bounces and then dips again. Chill.
 

Deleted member 9986

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Oct 27, 2017
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All according to keikaku, soon I'll be able to buy basically a free 1080ti with all my crypto profits that I cashed out at the all time high

oh fuck
 
OP
OP

Deleted member 1659

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prophetvx said:
Bitcoin was at $6250 at the start of February. Crypto isn't going anywhere, it's always fluctuated like crazy. As soon as there is an uptick it'll spike and crash, like it always has. Mining bitcoin hasn't been profitable for a long time, Ethereum even though it has crashed is still profitable.
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I mean, have we found a real world use for these cryptocurrrencies beyond buying other cryptocurrencies and illegal drugs and child pornography?
 

IchigoSharingan

Banned
Oct 31, 2017
683
DEY TOOK OUR JOBS!

dey took err jerbs!

"What? Your meme is evolving!"

...
..
..
CONTRATULATIONS! Your internet meme evolved into
DEY TERK ERR GPUS!
 
StephDiesel

StephDiesel

Member
Feb 2, 2018
163
"Popped for good"...? Doubtful, I think this is just the beginning. Bitcoin, at least, will definitely bounce back just a question of how long that takes
 

Deleted member 37687

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Jan 7, 2018
378
As someone whos still hasnt gotten on the train are there any crypto currencies still worth mining with a normal pc
 
Kurdel

Kurdel

Member
Nov 7, 2017
12,157
Gustaf said:
link?

so ya people hate on this shit, but you dont even research about it?
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I mean, someone says GPU aren't used for bitcoin anymore but I have a friend that still uses his PC and GPU to do it, so I am asking for the poster to support his claim.

Usually , that isn't a big ask...
 
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