- Feb 16, 2018
- 41
- 4
- 11
Hey,
I was just thinking, at some stage fairly soon, the entire ass end is gonna fall out of the Bitmining industry, those 10's or hundreds of thousands of 500 to 1500 sollar graphics cards going 100% all day long every day can't last much longer. At some stage, it's gonna collapse on a massive scale, and ALL of those lovely beautiful 1080,s 1080 ti's, 1070'sm Vegas etc are gonna absolutely bomBARD the market with people trying to make back at least SOME of the money by Roi... Anyone thought about Short selling?
Like betting against Bitmining, betting against it to fail... I mean, that's what that movie the BigShort was about i think, i didn't see it, but it was this EXACT situation, SUP Hyper inflation in house prices due to massive demand and manufactured hyper inflated prices, and in the end, there wasn't enough money coming in by like 15000 % to cover the costs of the purchases.. so it all collapsed and narly wreckd the entire world.
It's gonna happen again, remember you heard it here first! Anyone want to maybe delve into the possibilities, and maybe get some info from a broker on how we can bet against the market?
Im willing to bet, if i put 1000 dollars against it now, for it to come short (lose value) within 6 months i'll have turned it into 5000... whos in?
I was just thinking, at some stage fairly soon, the entire ass end is gonna fall out of the Bitmining industry, those 10's or hundreds of thousands of 500 to 1500 sollar graphics cards going 100% all day long every day can't last much longer. At some stage, it's gonna collapse on a massive scale, and ALL of those lovely beautiful 1080,s 1080 ti's, 1070'sm Vegas etc are gonna absolutely bomBARD the market with people trying to make back at least SOME of the money by Roi... Anyone thought about Short selling?
Like betting against Bitmining, betting against it to fail... I mean, that's what that movie the BigShort was about i think, i didn't see it, but it was this EXACT situation, SUP Hyper inflation in house prices due to massive demand and manufactured hyper inflated prices, and in the end, there wasn't enough money coming in by like 15000 % to cover the costs of the purchases.. so it all collapsed and narly wreckd the entire world.
It's gonna happen again, remember you heard it here first! Anyone want to maybe delve into the possibilities, and maybe get some info from a broker on how we can bet against the market?
Im willing to bet, if i put 1000 dollars against it now, for it to come short (lose value) within 6 months i'll have turned it into 5000... whos in?
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