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dlab
Sep 8, 2018 5:44 PM

BEARS Short

Ethereum / DollarBitfinex

Description

Going down.
Comments
Karonte
keep spreading FUD and cryptos will dissapear, mining is NOT profitable since 300 dlls mark, and all is bcos of u fkn fuders.
dlab
@Karonte, it's supply-demand thing, no need to worry. Crypto is here to stay, not going anywhere.
Don't know if banking system survives, may be with help of crypto, possible, but not sure.
Was mining ever profitable? I mean for how many years it was? I don't care bout mining, it's a supply-demand thing, too. Easy come easy go.
Karonte
@dlab, it was since like november, im minner, but now, electricity cost make me shut down, no minning no criptos.
dlab
@Karonte, the prices of videocards will drop since there's much less demand (ASICs, too)... acording to cost of electricity (so it will be profitable again). Believe me, it was already, and will be over and over. You just got-in too late, like me, actually, in december 2013. Well, I'm ok, no crypto, missed 2017 train... as you can see, crypto's still here.
We' ll be in accumulation of crypto like 1-2 years (sideways at the bottom), then bull trend will start.
Karonte
@dlab, not that simple video cards still too expensive to be a profitable bussiness, and electricity is always more expensive, there are transactions problems already cos not enough minners.
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