The anti-crypto thread

[BFG10K]

Great news, crypto's collapsing across the board: https://www.techpowerup.com/282380/...ions-in-less-than-24-hours-did-the-bubble-pop

Also China's banned crypto, though individuals can still have it: https://finance.yahoo.com/news/chinese-financial-payment-bodies-barred-122712260.html

The sooner this cancerous parasite is wiped out, the better.

 

[nakedfrog]

My plan was to finally treat myself to a "nice" GPU and buy a 6800 XT
No intent to mine, because fuck crypto.

 

[sdifox]

I really wanted a 5700xt (purely for gaming), but I didn't want to wait for a non-blower card. AMD's reference cooler seemed really awful based off reviews.

The 2060 S reference card had sufficient cooling and noise levels, so I settled for that. The RT cores are still pretty useless, but the tensor cores have proven to be actually useful.

I got a 100 (50 from cpu + mb, another 50 from video card +cpu) dollar discount for AMD cpu, mb and video card xd

 

[pete6032]

Bitcoin / ETH prices are going up right now. This is one instance where I'm glad cryptocurrency isn't uncorrelated to broader markets.

..........after taking a huge week long dump.

 

[ultimatebob]

I ordered myself a Tesla coffee mug with Dogecoin. In the 12 days that it took that mug to arrive, the price of Dogecoin dropped 25% from 20 cents to 15 cents.

The lesson I learned from this? Tesla has to upgrade to faster shipping

 

[sdifox]

I ordered myself a Tesla coffee mug with Dogecoin. In the 12 days that it took that mug to arrive, the price of Dogecoin dropped 25% from 20 cents to 15 cents.

The lesson I learned from this? Tesla has to upgrade to faster shipping

Your mug order probably pushed back cybertruck delivery date by a year. Thanks bob.

 

[ultimatebob]

It is a sexy coffee mug, though. I mean, literally, it says S3XY on it. Ponyo would approve.

 

[nakedfrog]

It is a sexy coffee mug, though. I mean, literally, it says S3XY on it. Ponyo would approve.

I think he made good on his threat to finally leave.

 

[ultimatebob]

I think he made good on his threat to finally leave.

Does that mean that I've been promoted to the head of the Anandtech Elon Musk fan club?

 

[Fanatical Meat]

It is a sexy coffee mug, though. I mean, literally, it says S3XY on it. Ponyo would approve.

pics?

 

[feralkid]

Does that mean that I'm been promoted to the head of the Anandtech Elon Musk fan club?

Go for it, Bob.

 

[ultimatebob]

pics?

It's black on black, so it definitely looks better in person.

 

[UNCjigga]

Late last year I setup a recurring buy in Robinhood--buy $1 of ETH every day. So far I've earned... -$126.44 (yes I've lost more than I put in!)

 

[DrMrLordX]

If Larry was in China or Kosovo, that's probably what would happen. His old ass GPU's would get sold at auction, and he would likely get a big fine.

One would hope we would not hold up either Kosovo or China as models of how to treat the citizenry.

I don't want the miners not to be able to mine, I just want gamers to have enough hardware at their disposal too.

Mining shouldn't have lasted as long as it did, though. Ultimately it holds back blockchain projects. It devolves into a plutocratic struggle for more hardware and more power, consequences be damned. It's not that miners are fundamentally bad people (per se), especially not if they mine with used cards in small operations . . . but even when you peel away the alleged or actual social costs of ever-escalating mining efforts, it turns out to be a piss-poor system for validating transactions on a blockchain.

 

[AdamK47]

All of the bro dude type investments are down more so compared to other investments. Cryptocurrencies, HOOD, COIN, GME, and AMC.

 

[ultimatebob]

Late last year I setup a recurring buy in Robinhood--buy $1 of ETH every day. So far I've earned... -$126.44 (yes I've lost more than I put in!)

You would have lost even more if you were using Coinbase... they probably would have charged you 99 cents commission on each of those $1 ETH buys

 

[DrMrLordX]

All of the bro dude type investments are down more so compared to other investments. Cryptocurrencies, HOOD, COIN, GME, and AMC.

Alllllllllll of them?

 

[AdamK47]

Allllllllllllllll offfff themmmm!!!!

 

[BudAshes]

Fuck, why did I put all my money into BroDude LLC?

 

[AdamK47]

I would say that someone should put all of these hyped pop investments in an ETF with the ticker BRO, but some insurance company already has it.

 

[repoman0]

I would say that someone should put all of these hyped pop investments in an ETF with the ticker BRO, but some insurance company already has it.

ARKK is the next best thing. Fitting that their top holding is the number one dude bro stock out there.

 

[AdamK47]

Bro, their holdings are lit!

 

[dullard]

All of the bro dude type investments are down more so compared to other investments. Cryptocurrencies, HOOD, COIN, GME, and AMC.

I just looked into the 1-year performance. I laughed at the number that HOOD has: -66.66%. Note: that doesn't include today's -8% after hours results (and still dropping like a rock). I am just a child when it comes to some numbers.

 

[pete6032]

I bought some bitcoin right before the dip. Not concerned about it. Only spent money I was willing to lose.

 

[MrSquished]

I just looked into the 1-year performance. I laughed at the number that HOOD has: -66.66%. Note: that doesn't include today's -8% after hours results (and still dropping like a rock). I am just a child when it comes to some numbers.

View attachment 56610

anyone remember? pepperidge farm remembers

 

[dullard]

I bought some bitcoin right before the dip. Not concerned about it. Only spent money I was willing to lose.

Why are so many people always willing to lose money? The goal is to gain money (which does require risk but also requires selling high).