Cryptocurrency

[merseygrit]

Anyone have the feeling we are going back down to 8-9k? I can see a head and shoulders on the 1 hour, and BTC has been really sluggish today. Im out into tether today and will buy back in when the dip hopefully happens

I think we will go lower before we go higher.

[SunnyInHades]

It's London blockchain week .. yipee !
'Aint free .. boo !

https://www.blockchainweek.com/



Anyone wearing the following t-shirts will be denied entry ...

[scooterscot]

Moved 10BTC the other day on a £14 transaction fee.

Just arrived two days later.

Bloody miners

Moved close to three times than not long ago, hands were sweating.

[scooterscot]

Anyone have the feeling we are going back down to 8-9k? I can see a head and shoulders on the 1 hour, and BTC has been really sluggish today. Im out into tether today and will buy back in when the dip hopefully happens

It'll consolidate for the next few weeks. The weak hands (you know who you are) will continue trading every other day and lose coins, then when they're least expecting it ALT's will shoot up and it'll be tears having missed out. Seen it before.

Best action is to do nothing until June. A lot easier said than done mind you.

[Hobosapien]

Aye, slowly getting some hodl positions via pound cost averaging as it could all fall or shoot up or level out. Anything can happen in the next half hour, and the half hour after that,...

[BrilloPad]

Best action is to do nothing until June. A lot easier said than done mind you.

Which June?

[ChimpMaster]

Guys

For those interested in mining.

I am seriously thinking of buying a £10k rig consisting of 6 1080Ti cards. It is expected to generate £1k profit in coins each month. This is after electric costs.

I could build this rig myself but would rather pay for the expertise first time round.

Personally for me the risk is acceptable (and yes the risk is of course very real) but understandably it won't suit everyone.

[_V_]

I am seriously thinking of buying a £10k rig consisting of 6 1080Ti cards. It is expected to generate £1k profit in coins each month. This is after electric costs.

You'd be better off putting half that into buying the crypto currency instead. Could lose your £5K, but at the same time you could be £50K up in a few months. Mining is a waste of time, money and electricity, unless you are big scale ASIC mining in China. IMHO.

[TheGreenBastard]

You'd be better off putting half that into buying the crypto currency instead. Could lose your £5K, but at the same time you could be £50K up in a few months. Mining is a waste of time, money and electricity, unless you are big scale ASIC mining in China. IMHO.

This is true IF you are only interested in mining Bitcoin - Ethereum's current proof of work mechanism is ASIC resistant. So whilst the hassle of mining might not be my cup of tea, beastly multi GPU rigs are still the way forward for some coins.

[Jog On]

My SC coins are finally showing up