PffftHAHAHAHAHAHAHAHAH

pffftHAHAHAHAHAHAHAHAH

I should just sell my 1080 and buy sokething better when crypto inevitably collapses

...

>crypto
>crashing

pffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffft

>Implying it's not already
Bitcoin peaked at 20 grand, it's half of that now.

>Dash
why isn't there one called Dosh

I have a 290x lightning(best 290x ever made) how much could I sell this bitch for

Happens every January

Actually what the fuck. I bought this 1060 a year ago for $250

i guess im never upgrading from my rx 480 at this rate boys

What determines the value of this pretend valuta? It doesn't have anything backing it.

it has value because people give it value

Does this mean GPU prices will normalize soon?

The hype. Buy some and tell all your friends about it. If you tell enough people we'll both be rich.

Are pc parts actually up to "fuck you" prices now or is this another half-truth by baiters?

So a single bitcoin is worth 11 grand because people believes it does. Literally backed by nothing but sentiment, this sounds so dumb.

No, they'll just mine another coin, it'll keep going until it causes an energy crisis and gets outlawed.

What would happen if the bitcoin lost it's value like an hour from now?

The value is determined by how valuable people believe it is. A lot of people at the moment believe that it is very valuable, primarily because they think that in the future people will value it more than they do now..
It's a pyramid scheme.

Suicides

Please. Educate yourself :)

>incoming dip
OY VEY, you can sell me them 2nd hand card for 30% now GOY

No different from USD or most currencies.

Most currencies are backed by "we will fucking kill you" or some derivative of that

#Blessed

>not 1337.55
Newegg had ONE job.

the second first world countries pull their heads out of their asses and criminalize it the only place that will take it are third world hell holes fueled by cp and drugs all value will disappear.

The USD is still at least backed by the United States. Might not mean what it used to, but its still better than crypto.

it's backed by BLOCKCHAIN TECHNOLOGY retards

essentially most currencies are enforceable, meaning if there are damages owed they must defacto currency must be acceptable.
ultimately the value of anything is fairly subjective, some things less than others. the real value of cryptos is their anonymity. in absence of this they hold no value.

Also etherium is the only crypto that can be used for something, like running applications

>290x lightning(best 290x ever made)
VaporX has some stern words to say to you.

>tfw bought a 1080 just before bitcoin took off

I can't wait for you retarded normies to buy my bags.

The absolute state of

explain what this is trying to say to somebody like me, a brainlet

I can't wait for the frothing shillposters to come in saying "DONUT BY MINER CARDS THEY BROKEN OR SOMETHING GPUS WEER OUT"

Ever feel like there's a power fighting against Cryptocurrency because it isn't something they can control?

Ever feel like there's a power fighting against Gaming because it isn't something they can control?

There are always big corrections after reaching new all time highs and it always eventually stabilizes and keeps going up in the long run

The last time this happened, people just moved to FPGAs and the GPU mining market crashed.
And while ethereum might be fpga proof, this means people could just abandon it for something more noteworthy.

There is no fucking hope for you if you can't understand that graph.

Mine was like $230 when I bought mine when it first came out, do you think it'd be worth it selling it off for mad cash?

can yo unot see the inherent danger in world powers buying and selling almost completely competely in the dark?

and as tin foil hat as this might sound this could be an insane scheme to ruin economies across the globe.

but why does it do that? what is being corrected?

A thread like this got me into crypto seven months ago. Now I have more money than I have ever had in my life.

It's going to recover right?
I didn't just lose all my money. Right? RIGHT??

But it's happening even more so because South Korea and China are trying to ban it in their countries.

literally FUD so the price will drop and they can accumulate

No, keep buying please.

There are going to be so many used cards on the market, I personally wouldn't fucking touch them except at maybe 25% msrp, but maybe poorfags can get some use out of them.

It's almost as if... it's been happening all along.

...

How easy is it to buy from a yuro site? How bad's the shipping?

How the fuck can it recover from losing half its value in such a short time, or maybe im being ignorant because i want gpu prices to go down

Who /stinkylinky/ here?

>it happens every January.

No.
The thing exploded because it hit mainstream.
Now after it hit mainstream people and goverment cry for regulations and regulations effectivly kill crypto. The only reason crypto took off so well was the thing being fast and anonymous.

Regulating it plus Bitcoin charging fees so high that most stores simply do not want to accept it kill the appeal pretty hard.

The thing will go back to 1-2k territory soon.

Just wait until ethereum get too hard to mine.

Golly gee I sure picked a terrible time to build a new gaming PC.
Seriously fuck the crypto people for designing their coins in a way where GPU's aid in creating them. GPUs are for VIDEOGAMES or MODELING.

>mfw I bought a RX 480 8gb almost 2 years ago from a guy on amazon for 170 and just sold it on ebay for 400

>the government will be able to regulate crypto to nothing

Just like piracy

Day of the Tank to destruct all cryptocurrency miners when?

>governments ban it and regulate it
>crypto will still exist but black market only
>everyone who puts money into it is now a criminal

Don't you see how this sorta kills the appeal to invest into it?

import from europe
way cheaper there, even with taxes

I'm shocked they let it go on as long as it has. If Billy Bob makes his own physical currency for his little Deliverance village in the Ozarks, the treasury department swoops down on them like hawks.

His point is that can't realistically be enforced.

Bitcoins main usage is for drugs. Buying pizza, houses or other shit with it has always been a meme.
You cannot effectively regulate data. This has been tried numerous times to absolute failure. You statist faggots will never learn.

>salty nocoiners too stupid to figure out how to get into the crypto trade so they want big daddy gubmint to step in and ban it

this
fuck (((fiat))) loving leftist faggots

It's just a bunch of people sad they can't get their videocards and a bunch of retarded snobs coming to rub this on their faces, which will not end well.

You're intruding on our fun. PC gaming will be killed at this rate.

It's a constant pump and dump cycle. Someone's laundering large amounts of money and they need suckers to buy in.

It's not that big of a deal considering you save a bunch of money pirating and emulating instead of paying.
Crypto is unconstitutional, Article 1 Section 8 and 10. Of course you can't ban crypto, but you can ban it being accepted as payment and you can ban crypto companies.

if you knew how to get into crypto you'd make plenty of money to afford these cards

Making money is better than any video game.

Valve already killed PC gaming.

Sucks to not nab all those stolen cards that went on sale this morning m8.

The investment needed to actually profit its kinda silly for any normal person.

Nobody uses crypto for buying shit other than drugs which is already illegal. Don't worry, I'm sure banning it again will work this time

I sold my sapphire 290x tri-X for $300 last week. I bet you could get close to $400.

Still being a snob.

>PC gaming will be killed at this rate.
And nothing of value will be lost

Just when I decide to build my own computer...

>another year of using a Optiplex 760 & shit dual core i7 laptop

I don't speak AMD... someone translate for me.
What is the nVidia equivalent of the RX580

So let me get this right
>person uses a very expensive computer to mine a piece of data that tracks transactions
>??????
>this piece of data is worth money
>now people are scrambling all over the world to get in on the craze, perceiving it as valuable
>by seeing it as valuable, its value goes up
And they think that this will pay off their houses on Neptune 15 years from now?

>M-MUH PC GAYMAN
Yeah, nah. Fuck (((central banks))) and the kike shit that is fiat currency. I'd gladly see PC gaming die just so central banks and governments get BTFO by based crypto.

Not him but they can. Crypto has a lot of failure points that a government can use to basically stop it on its tracks.
>This has been tried numerous times to absolute failure.
A full government intervention has never been done before. I have been in crypto since the beginning removed 3-4 years or a few years before mt.gox.

Stop farting bullshit out of your ass and just think of your gains.

Easy if you live here
Next day delivery, again, if you live here.

Why don't they just make cards that are like graphics cards that do the same shit but specialized for mining

That's like telling someone they'll be rich working in Silicon Valley when they'll actually be living barely above the poverty line.

At this point buying an Xbox X seems like a good idea ..

That particular model is a mid to low end 1070
They were the best at mining crypto price point wise when they were like, 190 dollars? Even when I sold mine back in April for 300 it was still a good ratio.

Is PC gaming actually going to die?

I really regret getting the 1060 instead of the 1070 in 2016 now

Okay, so what if I'm not in yuropoor land

1070

The same could be said of all currencies

The value of the money, any money is actually just about what people and companies offer for it.
The whole crypto shit is just to ensure that it's hard to manufacture the said money, which is why all the crypto coins are programmed to destruct its mining after a while.
Bitcoin mining for example is pretty much dead and soon enough ethereum will follow the same path.

Of course, with the video cards being so fucking expensive at the moment people may just abandon em for more profitable hardware on a more profitable CPU/FPGA coin.

you can turn $100 into $10k in a year

nice 2005 grahpics

Question.
Let's say you registered your GPU's serial with the vendor.
Does that nullify you from selling it second-hand?