RIP graphics card prices

Are people ever gonna start using btc as a way to actually make everyday purchases or is it all investing?

it's all dumbasses thinking they're gonna make millions

good thing i bought 1080ti while they still were available

No, and that’s the big thing about the crypto meme. No one actually spends it, they just horde it hoping the value goes up ad infinitum.

>tfw back people said it was a bubble in 2011 I got in and played around with altcoins
>got a couple hundred bucks
>had I held, I would've made tens of thousands

This time I'm mining and holding for a while.

Mine NIMIQ.

I don't know what the fuck happened in the last 48 hours but btc price rose quite a bit. I did have a really good laugh when nvidia got too greedy and got btfo after the previous crash from 20k down to 3.5k or something.
Yet they doubled down on being a retard and wanted huge amounts of money for the rtx memery cards that have loads of QC issues.
Some OEM even returned 300k gpu chips back to nvidia. At least that gtx 1660ti looks pretty cheap, I might get that one a year from now or so

So can you cash it out? Can one of those bitcon bajillionaires press a button and have it all transferred to a real bank account?

Exchanges can do bank transfers if it's above a certain amount. Also can get paid out to paypal AFAIK.

But who the fuck cashes out lel

via coinbase you can cash out most standard crypto pretty quickly

Investing and paying for hitmen. Bitcoin has the same issue as credit card companies. Exchanges are now the gatekeepers to widespread adoption, and they do the same political postering as Visa or MasterCard

medium.com/nimiq-network/nimiq-makes-fiat-currencies-blockchain-compatible-7503096a6252

Very few people mine bitcoin anymore, it’s too big to be profitable, all miners go for some dumb memecoin now.

>shilling shitcoins
Nice

>paying for hitmen
This. A large amount of money for illegal things is laundered through crypto.

Rememeber when it "crashed" from $1.2k down to $100? You weren't a fucking moron who didn't buy then right? I mean it's worth $5k now

Damn I just realized.

I just got $3000 from a $800 investment on XRP.

Thanks OP, if it wasn't for you faggot I wouldn't have known.

Isn´t coinbase shady as fuck though?

>pls buy our coins goy
>i invested all my money
>it can't end like this

Point is crypto is very volatile and volatile stocks never last long, eventually it’ll die in a giant panic. BTC might get more stable if it actually becomes widely used for everyday shit but that’s not happening, governments will do everything in their power to stop it.

Oh for fuck’s sake I thought we were done with this shit

Even at that level, its extremely unprofitable to mine bitcoin with video cards.

People would have to be very dumb to use this shit as currency and it’s too risky and volatile.

>gpu thread
>only two posts ever mentioning gpus

crypto faggots still shilling hard

no idea, I have used it when it was fairly new and only had BTC, LTC and ETH on it. I know my own bank also offers transaction opportunities. I don't live in burgerclapistan so I don't have to deal with the whole
>hurr ya gotta hold it for 1 year or pay tax
meme

So it IS a bubble. If people don’t use it as currency, it barely has any reason to exist other than being a drain for people’s hopes and dreams.

You can't mine bitcoin with graphics cards anynore, idiot.

It's mostly for hackers to buy and sell code and people treating it like gold and not a real currency.

>black people said it was a bubble
wtf I love blacks now???

You said the same when it was $50 and it went to $500. Look at a graph, it has gone over 1000x in a few years, so what if it falls from 20k to 4k when it was under 100 just a pair of years before?

Just admit you missed out.

How does he manage to be entertaining while also a completely wrong dipshit?