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Vic Wasteland Thread - 15.0


R31Nismoid
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  • 3 weeks later...
  • 2 weeks later...
On 5/13/2021 at 4:21 PM, Leroy Peterson said:

it fluctuates, but my 1080 & i7 8400 are churning out ~$100aud/month if left on 24hrs. That's with BTC price hovering like it has for the past 13 weeks. But since a recent update, seen a 20-55% increase in payout.

I think its important to come up with a gameplan for each cycle. I've learned a lot in the last 6+ months so hopefully can apply that next time and during the bear market. 

Planning on buying a house later this year... so sadly will have to liquidate a lot. Using crypto as collateral for loans or mortgages is even closer than people think... I'm annoyed no one will accept anything other than house equity as collateral. That shit is sooo 1980's.

How's the bear market working out? Did you cash out in time or in for the long haul?

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On 1/18/2023 at 8:39 PM, Ben C34 said:

How's the bear market working out? Did you cash out in time or in for the long haul?

I pulled some out on the way down. Planned to keep most for the long haul but I was stupid and deposited a lot into platform(s) that went under. I knew the risk but I had no idea how f**king stupid some of these companies/platforms actually were.
In terms of mining, it was kinda profitable but chump change really in the scheme of things. Basically covered transaction fees.
NiceHash mining is dead now due to ethereum halting mined blocks.

 

2022 really showed how f**ked the the industry is. Much more than I thought. I'm proper bearish in 2023 and will sit on the sidelines until some quality people/businesses start to run things or set an example. The damage could be done though, banks won't touch any crypto firm now. Some did pre-2022. There was so much money sloshing around that the big crypto firms were buying tiny banks in jurisdictions just to be able to try and withdraw currency. 

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  • 2 weeks later...
On 19/12/2022 at 11:38 AM, funkymonkey said:

fuaaaaaarkk get out kent! my boi's all growd up!

does this mean you now instantly get profiled as a suspect?

yeah man got a pat down from a cute jap chick at the airport lol.

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