- Joined
- Jun 19, 2012
- Posts
- 940
Bitcoin?
- Thread starter theMot
- Start date
- Joined
- Jun 2, 2006
- Posts
- 5,346
i'd take some of that profit off the table. just in case trading gets shut down again and with the uncertainty what the next "recovery plan" is going to be.
- Joined
- Dec 14, 2001
- Posts
- 8,296
Hurry up and spend it!!
BB
- Joined
- Jan 22, 2012
- Posts
- 7,906
There you go…
- Joined
- Jun 19, 2012
- Posts
- 940
- Joined
- Oct 22, 2000
- Posts
- 11,301
That's because nVidia ordered too many 40XX chips.
Nvidia wants to scale back RTX 4000 GPU chips, but can’t
Alongside Nvidia, Apple and AMD also plan to reduce the amount of chips they order from TSMC in an effort to adjust to the ongoing gaming PC market decline
www.pcgamesn.com
- Joined
- Dec 31, 2002
- Posts
- 8,497
That's because nVidia ordered too many 40XX chips.
Nvidia wants to scale back RTX 4000 GPU chips, but can’t
Alongside Nvidia, Apple and AMD also plan to reduce the amount of chips they order from TSMC in an effort to adjust to the ongoing gaming PC market decline
Ha, serves the cunts right.
The GPU market has been crap for years. I might finally upgrade my aging box next year as decent deals will be a available on the latest and greatest hardware.
- Joined
- Sep 24, 2003
- Posts
- 11,668
They've got too many chips all around, the miners suddenly aren't there to snap them up, and nobody wants to be sitting on a pile of 30 series cards when the 40 series arrives. Their partners are desperate for them to delay the 40 series launch until they can clear their current stock.
- Joined
- Sep 24, 2003
- Posts
- 11,668
If I didn't already have a 30 series card, I'd be buying one right now. I don't really trust that there won't be shortages of 40 series cards regardless of how things currently look, and the expected power draw on the higher end 40 series cards is going to burn down my house if Texas drought and wildfires don't get to it first.
Fuck this ghey crypto-ass silicon-ass warm-ass Earth.
Fuck this ghey crypto-ass silicon-ass warm-ass Earth.
- Joined
- Dec 31, 2002
- Posts
- 8,497
Amen.
I'm loving all these bullshitters who had no idea how any of it worked but somehow making themselves out to be financial geniuses getting burnt.
It's financial darwinism in action.
- Joined
- Apr 21, 2001
- Posts
- 4,245
This is basically the equivalent of the dot com bubble in the very early 2000s, or the video game crash of 1983. Oversaturation and/or too much bad product. Lots of the chaff are getting separated from the wheat, and established, worthwhile crypto will bounce back eventually. Memecoins will mostly die off entirely.
I hope NFTs in any shape or form die permanently.
I hope NFTs in any shape or form die permanently.
- Joined
- Dec 25, 2002
- Posts
- 48,158
Has the whole thing been a Ponzi scheme the entire time?
- Joined
- Dec 31, 2002
- Posts
- 8,497
It's worse than Ponzi.
It's a speculative instrument causing environmental damage with no intrinsic value whatsoever.
That's not the same as saying you can't make money from crypto in the short / medium turn while enough YOLO dudes are still buying into it. Just I doubt very much in 50 years anyone will be giving a shit about it apart from being a crazy footnote in history. Lookup Tulip Mania for an analogy.
It's a speculative instrument causing environmental damage with no intrinsic value whatsoever.
That's not the same as saying you can't make money from crypto in the short / medium turn while enough YOLO dudes are still buying into it. Just I doubt very much in 50 years anyone will be giving a shit about it apart from being a crazy footnote in history. Lookup Tulip Mania for an analogy.
- Joined
- Dec 1, 2002
- Posts
- 22,563
Money has been free for the last decade+. Everything was a speculative instrument because holding cash was stupid.
Overblow faux concern probably manufactured by central banks.
Right, unlike all that intrinsic value of fiat currency.
- Joined
- Apr 25, 2002
- Posts
- 5,406
I bought like $500 in a little bit of everything available on Robinhood early summer to try and day trade.
It just all sat flat for around 5 months.
A strategy on cheap stuff can be doing microtrades for $20 here 50 there maybe a hundred.
Doesn't work when there's no activity, also damded bots never execute my trades like I want them to.
You know what's fascinating to me is AI art.
Right now it can make pictures, music and videos.
I spent awhile playing around with some paintings.
Really you're supposed to be able to put in keywords and it's supposed to make something based off of that.
Usually though it just does what ever it's going to anyways though.
So you might have to do it a hundred times to get something you like.
Some of them charge you between a penny and ten cents per image generated so your losing both time and money.
Anyways I see it akin to being an art curator one day.
I tried to turn some into NFT's but that's now dead as well, think I've read trading is down 95% from last year.
Shameless plug: Open Sea MikeLoveNotWar
My favorites are Space Pope and Buttplug Genie
Look at how she only has one arm with two fingers, her eyes don't match and there's what appears to be a floating buttplug to her right.
That's cool
It just all sat flat for around 5 months.
A strategy on cheap stuff can be doing microtrades for $20 here 50 there maybe a hundred.
Doesn't work when there's no activity, also damded bots never execute my trades like I want them to.
You know what's fascinating to me is AI art.
Right now it can make pictures, music and videos.
I spent awhile playing around with some paintings.
Really you're supposed to be able to put in keywords and it's supposed to make something based off of that.
Usually though it just does what ever it's going to anyways though.
So you might have to do it a hundred times to get something you like.
Some of them charge you between a penny and ten cents per image generated so your losing both time and money.
Anyways I see it akin to being an art curator one day.
I tried to turn some into NFT's but that's now dead as well, think I've read trading is down 95% from last year.
Shameless plug: Open Sea MikeLoveNotWar
My favorites are Space Pope and Buttplug Genie
Look at how she only has one arm with two fingers, her eyes don't match and there's what appears to be a floating buttplug to her right.
That's cool
Attachments
Last edited: