"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
so glad my cash out arrived yesterday, and I decided to hold overnight because of course it would go up enough to cover the transaction fees.... ugh, so now I hold it like a falling knife.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
I hate bitcoin. LOL at wasting all electricity on this pile of shit. When you mine gold at least people use it for jewelry. Bitcoins are shit algorithms.
I have my buy in for 100 bitcoins at $8.
You guys don't understand. NOW is REALLY the time to buy.
Lets GoOoOoooOOoooo
BLOODBATH
From reddit:
I make $47k a year at my job as an office assistant.
At the advice of my friends, I took most of my savings and bought 8 bitcoins back in early 2017 for about $7200. You can imagine how I felt when it went up. Around December 2017, I got caught up in the altcoins frenzy and sold most of my bitcoins (about $120k worth) to buy a bunch of different coins. I didn't know this back then but it looks like I owe income taxes on those trades, which adds up to about $50k if I add up state (California) and federal. But with the crash that happened recently, I added up my altcoins and I only have like $30k worth. I only have about $5k in other savings.
How do I pay this? Do I have to sell my altcoins, and give them what I can? Or is there some workaround?
Is all my savings gone now? I feel like I might have accidentally ruined my life because I didn't know about the taxes...
https://www.stuff.co.nz/technology/1...-in-a-lifetime
'I lost more money in Bitcoin than most people will earn in a lifetime'
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Sadly, this kind of stupidity is not limited to investing in cryptos. Novices regularly fuck up by underdiversifying and not accounting tax liability. In the recent housing bubble, I knew several poker players who got heavily into real estate with a ton of leverage, only to lose it all in the crash. Heck! Even knew a management professor who did so with Las Vegas real estate, using the appreciated value of the properties he and a partner had bought to buy more in 2006/2007. You can guess what happened to his net worth due to the crash.
Looks like we won't be seeing DTHP any time soon. I guess in theory Bitcoin could get back to $12,000, but XRP is dead, finished. It's at .68 a LONG way away from $1.39.
This should serve as a lesson to you young posters trying to get rich quick. There are no short cuts in life, only a long steady grind.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
CUDA Cores: 3200
that said, at current prices this can be counted on to generate about $1.30 a day soooOOoOoOOooOooooooo plus theres this:
The memory controllers normally get 2GB per controller assigned, now just 1GB, the card this has 5GB of VRAM. There's more cut away, only 4 PCIe lanes will be used, this to be able to add more (other) cards onto a motherboard. Prices have not been shared, availability remains a huge question mark as well. From what I understand, these cards receive one month of warranty.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
47Mh/s and it uses 250w.
Doesn't make sense if you need to pay for the electricity. With the current low price for ETH half your earnings would go towards power.
My two 1070's hash at 65Mh/s combined and draw 120w each. (240w total)
It's hardly worth mining at the moment with ETH @ sub $600 prices. I'm only making $3 AUD a day at the moment after I pay for power
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