Ninjastic
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Board Mining (Altcoins)
Re: Mining , still worth it?
by
QuintLeo
on 18/03/2018, 22:44:26 UTC
Quote from: dimpsk on March 18, 2018, 03:46:21 PM
Quote from: lushlifing on March 18, 2018, 02:48:10 PM
Quote from: BennyT on March 18, 2018, 02:07:36 PM
Quote from: maxmeme on March 18, 2018, 02:03:07 PM
Another possibility is the ETH will get pumped again to 2k while BTC remains at it is or hit around 10 to 15k by the end of this year.

Lots of possibilities. Long term the coins will increase. We’ve seen this up and down roller coaster over a dozen times now. Each time, people think crypto and mining are dead. Each time they’ve been wrong.

same as thinking bitcoin as a whole is dead

Not exactly. Alcoins are falling into dust and ashes but bitcoin  do not seems so week. Because it's standing on the levels of mining  profitability.

Price drives mining profitiability, NOT THE OTHER WAY AROUND.
Also, ETH has been holding on to it's price better than Bitcoin since mid-January (dropped 50% from ATH vs over 60%), Litecoin is still up some vs Bitcoin since then, a few other altcoins have been holding on AS WELL as Bitcoin.