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January, 2025

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Any Bitcoin nerds???

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kingsskier
Posts: 6212 - Karma: 2,150
Big changes coming up for Bitcoin in the near future.
Anyone have any speculation on the segwit attempt and if BIP148 will take hold? Will there be a chain split if it fails? What do you think will happen to the value of Bitcoin? Will it effect Litecoin or Ethereum if it takes or fails?
When UASF took hold for Litecoin, it jumped up quite a bit. But that was a less common cryptocurrency and had a low value.
I currently own ~2 bitcoin and ~10 Ether.
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Jul 12 2017 8:22AM
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iH8pow
Posts: 1843 - Karma: 8,004
Are we at zero yet?
Jun 12 2019 1:40PM
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ChadThundercock
Posts: 3071 - Karma: 831
LOL
Jun 13 2019 1:12AM
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milk_man
Posts: 5252 - Karma: 5,973
This thread is partially dead, but I just bought a 4 GPU open air crypto miner. Will post a pic if I remember
Jul 17 2019 10:26AM
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T.L.
Posts: 4729 - Karma: 3,008
milk_manThis thread is partially dead, but I just bought a 4 GPU open air crypto miner. Will post a pic if I remember


What can you even mine at this point with 4 GPUs? Haven't kept up with the mining scene since I turned off my asic.
Jul 17 2019 7:51PM
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milk_man
Posts: 5252 - Karma: 5,973
T.L.What can you even mine at this point with 4 GPUs? Haven't kept up with the mining scene since I turned off my asic.


Monero and other coins that don't cater to ASIC miners. I think you can mine Ethereum as well
Jul 20 2019 12:05PM
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iH8pow
Posts: 1843 - Karma: 8,004
I have heard Monero is moderately profitable. Idk how I feel about antminers but they’re not too expensive so makes it tempting to try. But Ethereum going PoS with 2.0 is gonna put a pretty significant hit on mining. I’ve been gung ho on putting solar on my roof to help mine cheaply but guess my wife isn’t as excited to save the world..
Jul 20 2019 1:05PM
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iH8pow
Posts: 1843 - Karma: 8,004
Litecoin halving is a couple days away. In the past at least with Bitcoin there has been huge upward price action after the halving. But we’ve already seen Litecoin move 6x off its year low, so perhaps already priced in.

to guy above—invest in Alts that seem promising. I got too alt heavy and am trying to keep 50% of my holdings in BTC/ETH/LTC. Because at some point a lot of alts will be cleansed from the market.
Aug 1 2019 9:46AM
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elcheapo
Posts: 3449 - Karma: 13,979
"What goes up must come down"
Aug 29 2019 10:58PM
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iH8pow
Posts: 1843 - Karma: 8,004
Rekt AF. But I’m about to have my truck paid off so no more auto loan payments, most of my car projects are done and paid off so I’m about to be able to put most of my paychecks into crypto. So I don’t mind the dip
Aug 30 2019 9:48AM
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kingsskier
Posts: 6212 - Karma: 2,150
A lot of rumors and chatter but no real catalysts coming that I see. I am not messing with cryptos until I see another catalyst coming. I dont like playing the technicals on it.
Natural Gas is where its at right now. All time lows recently and this hurricane is helping drive the price up artificially. Then you have the nature winter time spike. Making mad money short term and day trading UGAZ and DGAZ.
Aug 30 2019 2:03PM
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milk_man
Posts: 5252 - Karma: 5,973
kingsskierA lot of rumors and chatter but no real catalysts coming that I see. I am not messing with cryptos until I see another catalyst coming. I dont like playing the technicals on it.
Natural Gas is where its at right now. All time lows recently and this hurricane is helping drive the price up artificially. Then you have the nature winter time spike. Making mad money short term and day trading UGAZ and DGAZ.


3x leveraged ETNs are scary lol
Aug 31 2019 12:58AM
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elcheapo
Posts: 3449 - Karma: 13,979
theLiquorSo I don’t mind the dip

Me neither

Sep 1 2019 1:11AM
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kingsskier
Posts: 6212 - Karma: 2,150
milk_man3x leveraged ETNs are scary lol


They are predictable if you watch the forecasts and general seasonal awareness. The only issue with them is the election year effect. They tend to dip where they usually peak before an election year. But, I have made tons of money trading UGAZ and DGAZ. Way less scary than cryptos in the current climate IMO.

Anyone have any news about potential catalysts on cryptos? I saw something about an XRP fork. That is what triggered the huge spike in BTC when I initially made this post.
Sep 3 2019 1:47PM
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milk_man
Posts: 5252 - Karma: 5,973
Anyone have like $20 of btc in a hot wallet that I could buy? I want it for an experiment but don't want to pay the $5 withdrawal fee of most trading platforms
Sep 6 2019 10:36PM
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zues
Posts: 6434 - Karma: -5,331
was just going through my old coinbase account. in 2013 i was buying $400 at a time for drugs. That $400 was buying me over a coin. I feel fucking stupid now. Now i'm all about the stocks.
Sep 16 2019 2:47PM
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kingsskier
Posts: 6212 - Karma: 2,150
Got in UGAZ at $12.55 sold in the $16.80s and back in $15.90s. Easy money.
BTC is peaking my interest again. Im looking for a good dip to get back in some.
Oct 31 2019 8:47AM
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elcheapo
Posts: 3449 - Karma: 13,979
Nice work , happy monday
kingsskierGot in UGAZ at $12.55 sold in the $16.80s and back in $15.90s. Easy money.
BTC is peaking my interest again. Im looking for a good dip to get back in some.
Nov 3 2019 11:18PM
0 0
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milk_man
Posts: 5252 - Karma: 5,973
kingsskierGot in UGAZ at $12.55 sold in the $16.80s and back in $15.90s. Easy money.
BTC is peaking my interest again. Im looking for a good dip to get back in some.


I've been into it a lot more recently
Dec 9 2019 4:23PM
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milk_man
Posts: 5252 - Karma: 5,973
kingsskierGot in UGAZ at $12.55 sold in the $16.80s and back in $15.90s. Easy money.
BTC is peaking my interest again. Im looking for a good dip to get back in some.


I've been into it a lot more recently
Dec 9 2019 4:23PM
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ALMIGHTYSOSA
Posts: 2800 - Karma: 2,102
eye accept bitcoin
Dec 11 2019 6:37PM
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ChadThundercock
Posts: 3071 - Karma: 831
ALMIGHTYSOSAeye accept bitcoin


I got my BTC address in my sig. But I'm an ether man now
Dec 11 2019 7:31PM
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GavinHemmings
Posts: 4 - Karma: 6
Bitcoin has been on a roller-coaster over the last few years, but no one can contest its value. It's hard to predict where the Bitcoin, as well as the other cryptocurrencies, will net out so it's a hide-and-seek game. I've been in this game for a few years, and so far it's been a continuous growth.
Jun 1 2020 8:16AM
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milk_man
Posts: 5252 - Karma: 5,973
Update: I have a GPU mining setup, I'm mining using Nicehash and getting about $4.50 in BTC per day, with an electricity cost of about $2.50 per day. Mining is actually profitable right now, and enough people are buying bitcoin that the price should stabilize at this higher price. People are rightfully doubting the USD after the government decided to hand it out willynilly
Aug 6 2020 11:05PM
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THEDICKBUTCHER
Posts: 3067 - Karma: 673
Soon we'll be able to buy Teslas with Bitcoin, hollaaaaa
Feb 21 2021 10:19AM
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T.L.
Posts: 4729 - Karma: 3,008
milk_manUpdate: I have a GPU mining setup, I'm mining using Nicehash and getting about $4.50 in BTC per day, with an electricity cost of about $2.50 per day. Mining is actually profitable right now, and enough people are buying bitcoin that the price should stabilize at this higher price. People are rightfully doubting the USD after the government decided to hand it out willynilly


6 months later...

The price of BTC 6 months ago was ~$11,600.

You still mining?
Feb 21 2021 12:51PM
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.frenchy
Posts: 18231 - Karma: 12,397
does OP still have 2 bitcoin?
Feb 21 2021 5:46PM
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milk_man
Posts: 5252 - Karma: 5,973
T.L.6 months later...

The price of BTC 6 months ago was ~$11,600.

You still mining?


I am :) from around December to May-ish I was making $30-45/day, now it's back down to about $20/day. I did upgrade my setup a little bit since i posted that last comment--I bought 3 GPUs just before the GPU market meltdown
Jun 29 2021 9:23PM
1 1
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kingsskier
Posts: 6212 - Karma: 2,150
milk_manI am :) from around December to May-ish I was making $30-45/day, now it's back down to about $20/day. I did upgrade my setup a little bit since i posted that last comment--I bought 3 GPUs just before the GPU market meltdown


Now that China wont be taking as much of the mining market, you should be able to increase that even more in the near future.
Jun 30 2021 1:29PM
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milk_man
Posts: 5252 - Karma: 5,973
kingsskierNow that China wont be taking as much of the mining market, you should be able to increase that even more in the near future.


Hopefully! EIP 1559 is also coming very soon for ETH....it will be interesting to see what happens
Jun 30 2021 7:17PM
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iH8pow
Posts: 1843 - Karma: 8,004
If we’re gonna have a Bitcoin/crypto thread, should probably be this
Dec 5 2024 11:27AM
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