Current Events > Research indicates that one individual drove BTC from $150 to $1000

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Giant_Aspirin
01/17/18 2:12:37 PM
#1:


https://techcrunch.com/2018/01/15/researchers-finds-that-one-person-likely-drove-bitcoin-from-150-to-1000/

yup
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FLUFFYGERM
01/17/18 2:13:16 PM
#2:


It's one of the reasons why I'm avoiding Bitcoin. That manipulation, along with how much electricity is being consumed by the Bitcoin network, are both solid reasons to bet against Bitcoin's future at this point.
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but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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the_rowan
01/17/18 2:19:28 PM
#3:


FLUFFYGERM posted...
It's one of the reasons why I'm avoiding Bitcoin. That manipulation, along with how much electricity is being consumed by the Bitcoin network, are both solid reasons to bet against Bitcoin's future at this point.


Meanwhile, some of us just want to buy a damn graphics card to max out games. Remember when you bought graphics cards to improve your graphics? The market is absolutely trashed because of cryptos right now.
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"That is why war is so tragic. To win means to make victims of your opponents and give birth to hatred." - Kratos Aurion, Tales of Symphonia
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FLUFFYGERM
01/17/18 2:20:22 PM
#4:


the_rowan posted...
FLUFFYGERM posted...
It's one of the reasons why I'm avoiding Bitcoin. That manipulation, along with how much electricity is being consumed by the Bitcoin network, are both solid reasons to bet against Bitcoin's future at this point.


Meanwhile, some of us just want to buy a damn graphics card to max out games. Remember when you bought graphics cards to improve your graphics?


I remember buying an RX 580 for $200 right at the start of the current mining craze. A few weeks later they were at $400 a piece. I bought a bunch of them to mine, so I'm a bit guilty lol.
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but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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Kineth
01/17/18 2:22:10 PM
#5:


Color me shocked. It was bound to happen given how it's structured.
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If you're not looking for any honest discussion, agreement, meeting halfway or middle ground, don't bother arguing with me. Selfish narcissists need not apply.
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Talks
01/17/18 2:31:57 PM
#6:


I bought a 1060 right before the explosion. Really glad I didn't wait.
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FLUFFYGERM
01/17/18 2:35:58 PM
#7:


1060s are phenomenal for mining. You can get great hash rates out of them, at very low noise/heat/electrical use.
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but Marxist theory is extremely consistent, both internally and with reality. -averagejeol
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