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| RandyT:
--- Quote from: shponglefan on January 18, 2018, 12:35:04 pm --- --- Quote from: fallacy on January 18, 2018, 11:26:59 am ---Speaking of Newegg I bought a 1080 ti for VR for $740 and thought I was being raped by that price they are now being sold for around $1400 :puke I heard because of Ethereum mining, I will have to double check if that is the main reason though. --- End quote --- A combination of memory shortages and cryptocurrency mining demand has pushed up GPU prices. It's been ridiculous lately. --- End quote --- I love speculators. Think of how cheap all of this high-end gear will be on Ebay when the bottom falls out. The Internet boom was awesome. Picked up high end equipment for the company I worked for at the time for pennies on the dollar. I also recently bought a barely ridden Vulcan 1700 for half of the new price from a Bitcoin miner who did well, but couldn't stay in the game for some reason and needed fast money to go get a real job. My take on this is that at some point, the harm it is doing to individuals and established government sanctioned forms of currencies will cause it to fall under heavy scrutiny and it will be legislated away. Just like any form of speculation, there will be some big winners, and a whole lot of big losers. Anyone who gambles with their financial security on this type of speculation, frankly, deserves whatever outcomes head their way. It's always easy to point to wins (that's what makes the news) but the quiet losses are far more common. At least with tangible assets (homes, precious metals, antique cars, etc.), you still have something of value when the bottom falls out. What will you have with cryptocurrency? |
| pixel:
The big games are almost always certainly rigged. Only ones whom end up on top... are those in Special families, and or have Special Friends. I would go so far as to consider, that pulling the rug out from under people... is to be able to grasp even more percentages of stock / ownership. (along with racking up money from the insider-shuffle game) The Globalists have been trying to get rid of Cash, for some time... which is worrying, when you consider, that Virtual-Currency, is Trackable and Hackable... but worse... is if the Analog Loop is fully closed. We have seen the IRS and many other companies, abuse their powers... Spying on citizens, and attacking those whom they do not agree with. Youtube is making videos un-findable, if they dont agree with them... (if not completely erasing them) Facebook is hiding shared posts, and so what makes people think that a corrupted Govt. isnt potentially going to Erase / Steal your currency? (far worse than they already dip in now) If the One-World govt. gets full power and control... the whole biblical statements may actually run true. That one could be blocked from buying and selling anything... if they so chose it. (Ive always suspected those whom wrote it, are the same ones planning to institute it. Of course, its also not hard to imagine future problems... considering that they are typically basic human-nature issues... and so all it really takes, is some common sense to make some fairly accurate predictions of the future) |
| Mike A:
Stop huffing paint thinner. |
| fallacy:
--- Quote ---My take on this is that at some point, the harm it is doing to individuals and established government sanctioned forms of currencies will cause it to fall under heavy scrutiny and it will be legislated away. Just like any form of speculation, there will be some big winners, and a whole lot of big losers. Anyone who gambles with their financial security on this type of speculation, frankly, deserves whatever outcomes head their way. It's always easy to point to wins (that's what makes the news) but the quiet losses are far more common. At least with tangible assets (homes, precious metals, antique cars, etc.), you still have something of value when the bottom falls out. What will you have with cryptocurrency? --- End quote --- Yep the best way to think of this is a World Series of Poker tournament… on a much bigger scale. Sure you look at all the winners at the last table, this guy made 2.5 million, this guy made 1.2 million these 3 made over 650 thousand but you never look at the 7000 people that lost there 10,000 playing the game that funded the last ones standing. Only real difference is with the World Series of Poker tournament you all stat at the same time and people get eliminated along the way, with crypto new money is constantly flowing in giving the illusion that 90% of everyone is winning for a time until everyone starts losing to various degrees. When dkersten friend made a quarter of a million when he only put in 3.5 thousand….. Ya that basically equates to a lot of people who need to lose to fund that. |
| Howard_Casto:
--- Quote from: Mike A on January 18, 2018, 02:46:40 pm ---Stop huffing paint thinner. --- End quote --- ^^This^^ |
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