when will the ethereum bubble burst?

[Zed_]

So., it's been like what, around 2 months? and the price of Graphics card are not going down as much. When will the God almighty bless us and the ethereum bubble will finally burst? and we can start building a rig.

[scottyseng]

2 minutes ago, Zed_ said:

So., it's been like what, around 2 months? and the price of Graphics card are not going down as much. When will the God almighty bless us and the ethereum bubble will finally burst? and we can start building a rig.

Still shopping for a 1070? There's a handful of stores coming to stock with them...though $489 for a MSI quick silver from Newegg is still very steep...I think they're going to sell out soon as well.

 

AMD GPUs are still nowhere to be seen. haha.

[ARikozuM]

Probably when people stop asking this question and use the helpful search bar up top.

[Zed_]

1 minute ago, scottyseng said:

Still shopping for a 1070? There's a handful of stores coming to stock with them...though $489 for a MSI quick silver from Newegg is still very steep...I think they're going to sell out soon as well.

 

AMD GPUs are still nowhere to be seen. haha.

I am waiting for the price drop so that I can fit some other things in my PC building list but the prices are not going down. 

[Sovietpizza]

The industry boom does not have much time left to it, I wouldn't be worth it to build a rig dedicated to it. 

[Zed_]

2 minutes ago, ARikozuM said:

Probably when people stop asking this question and use the helpful search bar up top.

probably.

[scottyseng]

Just now, Zed_ said:

I am waiting for the price drop so that I can fit some other things in my PC building list but the prices are not going down. 

I think I give it two more months. It's already starting to go down I think.

[Zed_]

1 minute ago, Sovietpizza said:

The industry boom does not have much time left to it, I wouldn't be worth it to build a rig dedicated to it. 

u mean buying a 1070 is not worth or ?

[Zed_]

1 minute ago, scottyseng said:

I think I give it two more months. It's already starting to go down I think.

Yea, I might do that

[Sovietpizza]

Just now, Zed_ said:

u mean buying a 1070 is not worth or ?

How could you buy one? they are out of stock everywhere?, You'd have to pay like $500 for a new one.

[Zed_]

Just now, Sovietpizza said:

How could you buy one? they are out of stock everywhere?, You'd have to pay like $500 for a new one.

Yea, that's why I am not. Just waiting and searching for a good deal if not waiting is the only option

[scottyseng]

Just now, Zed_ said:

Yea, that's why I am not. Just waiting and searching for a good deal if not waiting is the only option

Yeah, I think it'll go down soon. I'm trying to sell off my 1070s before then though.

 

Problem is any gamer would just pay the $50-80 extra to get a 1080...and a miner...well, they would want the cards for cheap so they can ROI quicker.

 

In the past week, the sold listings for 1070s have been from $430 to $530...new or used.

[NumLock21]

Like right now

https://www.bleepingcomputer.com/news/security/fourth-largest-cryptocurrency-exchange-was-hacked-users-lose-ethereum-and-bitcoin/

[Zed_]

2 minutes ago, NumLock21 said:

Like right now

https://www.bleepingcomputer.com/news/security/fourth-largest-cryptocurrency-exchange-was-hacked-users-lose-ethereum-and-bitcoin/

hmm, then what does this lead to now?

[another random person]

Hmm thats odd, Most the Nvidia GPUs are still in stock and are listed at normal prices in Australian tech stores....but AMD is all gone like wiped from the surface of the planet.

[loculus]

5 hours ago, scottyseng said:

I think I give it two more months. It's already starting to go down I think.

Yeah, prices are down overall (Ethereum in particular) from the peaks, but if they stabilize roughly around this level, many coins are still going to be profitable to mine. You might see supply catching up with demand of these video cards, though. It's hard to guess future price movements and how many latecomers will join or existing miners will try to add to their collections.

[Arika]

not soon enough

[Zed_]

12 hours ago, another random person said:

Hmm thats odd, Most the Nvidia GPUs are still in stock and are listed at normal prices in Australian tech stores....but AMD is all gone like wiped from the surface of the planet.

US prices for 1070 are around $480

[MorganO]

2 minutes ago, Zed_ said:

US prices for 1070 are around $480

may as well get a 1080 at that point

[Zed_]

6 minutes ago, KOMTechAndGaming said:

may as well get a 1080 at that point

I would if I could. I have to fit others things as well in this budget so..

[Lurick]

8 hours ago, loculus said:

-snip-

No, you're wrong, it's going to explode and graphics cards will rain down upon us any minute now, because people who are mad they didn't get in early enough have said so and say so every day  

 

It dips down a few dollars? That means an implosion is imminent!

 

 

Seriously, it does suck for people who want to buy and build rigs right now but there isn't much that can be done aside wait it out  

[Cyracus]

13 hours ago, Zed_ said:

So., it's been like what, around 2 months? and the price of Graphics card are not going down as much. When will the God almighty bless us and the ethereum bubble will finally burst? and we can start building a rig.

Just tell Trump to nut up and launch the nukes like he promised so many times on the campaign trail, that'll pop that bubble 

[Zodiark1593]

1 hour ago, Cyracus said:

Just tell Trump to nut up and launch the nukes like he promised so many times on the campaign trail, that'll pop that bubble 

Umm, yeah, pop the bubble called Earth.

 

Considering how long Pascal cards have been out, what are the chances that Volta will release before mining hits a standstill? 

[Nup]

Needs to happen!

[Lurick]

41 minutes ago, Zodiark1593 said:

Umm, yeah, pop the bubble called Earth.

 

Considering how long Pascal cards have been out, what are the chances that Volta will release before mining hits a standstill? 

Well if they use GDDR5X or HBM2 then they won't be snatched up like crazy, those two are worse for mining compared to just GDDR5 from what I understand.