Quote from: majoh on November 18, 2017, 10:35:15 PM

Quote from: antantti on November 18, 2017, 09:28:43 PM

Story of mining shitcoins.

1) You must know how this shit works.
2) After some research you have found something that could work, you have them gpu's anyway so why not?
3) Mine it, no need for an optimized miner, people are busy buying hardware.
4) Sooner or later, it pumps.
5) Sell it.

This is where it goes ugly.

6) sp_ knows how this shit works, you will see a screenshot of a moon.
7) You are late. Miner is always late.
8 ) Denial mode, we can still make this work. We are printing future money here, we start buying even more expensive gpu's that can't do more than ancient gpu's from 2014. It must be profitable. It must.
9a) You buy an optimized miner.
9b) You start thinking where profits were actually made.

Looking back btx was the most profitable nvidia coin to mine back in 5-6/2017, those who hodled made 30-50x.

As always, no offence guys, I love you all.

+100

Great post ! Cheesy