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re: Official CryptoTalk Thread

Posted on 6/22/17 at 9:32 am to
Posted by txbd
Valhalla
Member since Jan 2014
2331 posts
Posted on 6/22/17 at 9:32 am to
No, GDAX caused the crash. GDAX and Coinbase are linked as well so coinbase went down as well. You can see this is you look at yesterday's chart - there is a flatlined period for when it went down.
I would recommend Gemini, although good luck getting verified in under 2 weeks.
Posted by LSURep864
Moscow, Idaho
Member since Nov 2007
11248 posts
Posted on 6/22/17 at 10:09 am to
Where do you guys see Bitcoin going by 2020?
Posted by jefforize
Member since Feb 2008
45790 posts
Posted on 6/22/17 at 10:16 am to
the GPU market is still fricked up thanks to ethereum

seen in Malaysia




fair warning to anyone wanting to build a mining rig, you will have to pay well over market value for a good card OR hope to get lucky and catch a restock.

www.pcpartpicker.com

for example:


what a sale!
This post was edited on 6/22/17 at 10:23 am
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58334 posts
Posted on 6/22/17 at 10:31 am to
i have a GeForce GTX 570 GC Edition on my gaming/HTPC computer i leave on that runs my media server and torrents. can it mine?

looks like i can. im going to get it running and soon ill be SUPER RICH.
This post was edited on 6/22/17 at 10:35 am
Posted by jefforize
Member since Feb 2008
45790 posts
Posted on 6/22/17 at 10:40 am to
it probably could mine ethereum using nicehash.

but will it be efficient or worth it. that I don't know. probably not.

your electric bill will spike, your room will get hot as heck, and you will severely reduce the lifespan of your device.

probably not worth it BUT I am no expert. The hot NVidia mining card at the moment is the 1070 which has 8 GB GDDR5 ram. I don't think the 570 comes anywhere close to this card in the GDDR5 department and that is whats important for ethereum , if I understand correctly
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58334 posts
Posted on 6/22/17 at 10:44 am to
ha idk i bought his back in 2011.
Posted by ynlvr
Rocket City
Member since Feb 2009
5391 posts
Posted on 6/22/17 at 10:50 am to
Polo has me locked out for some reason. WTF? Getting a little skittish on the crypto. Don't like having no control of money at someone else's discretion.

I've been transferring limit money out for a few days now. I go in this morning planning to withdraw about $2,000USD. "You are being rate limited."

"The owner of this website (poloniex.com) has banned you temporarily from accessing this website."
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 6/22/17 at 10:53 am to
Ironic considering the whole idea of crypto huh
Posted by someLSUdoosh
Baton Rouge
Member since Oct 2016
893 posts
Posted on 6/22/17 at 10:55 am to
quote:

"The owner of this website (poloniex.com) has banned you temporarily from accessing this website."


FOr trying to withdraw your money? Thats fricked up
Posted by ynlvr
Rocket City
Member since Feb 2009
5391 posts
Posted on 6/22/17 at 10:58 am to
Reason not stated, but I have withdrawn about $6,000 in BTC and ETH over the last week in installments. Yesterday I withdrew 6.5 ETH and today - lockout!
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 6/22/17 at 11:04 am to
Coinbase doing the same thing with a friend of mine. Messed up
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42271 posts
Posted on 6/22/17 at 11:33 am to
I don't understand
Posted by ynlvr
Rocket City
Member since Feb 2009
5391 posts
Posted on 6/22/17 at 11:35 am to
I don't understand either. But in my case . . .

Cloudfare let me back in to POLO now. But, the "deposit/withdraw" function is frozen on my POLO account. Apparently they don't take too kindly to withdrawals.
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42271 posts
Posted on 6/22/17 at 11:39 am to
I've withdrawn ETH from Coinbase twice to two different wallets.

And withdrew a large amount of sold ETH to USD on GDAX with no problem. Took 48 hours to hit my checking account.
Posted by ynlvr
Rocket City
Member since Feb 2009
5391 posts
Posted on 6/22/17 at 11:48 am to
Just Sayin
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42271 posts
Posted on 6/22/17 at 11:55 am to
Any chance they're inentionaly preventing people from running for the hills?
Posted by 7LSU7
Member since Sep 2016
1112 posts
Posted on 6/22/17 at 12:03 pm to
So I had an old friend telling me about ETH in July 2016. I didn't pay any attention to him. After reading this thread for the past month I decided to text him to see if he actually invested. He showed me screenshots of 1450 ETHs that he bought when it was around $7-$8. If only I would have listened
Posted by ynlvr
Rocket City
Member since Feb 2009
5391 posts
Posted on 6/22/17 at 12:09 pm to
quote:

screenshots of 1450 ETHs

Hope he held for the reward.
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42271 posts
Posted on 6/22/17 at 12:15 pm to
Omg

I hate you for not doing it and not posting about it here

Posted by TomRollTideRitter
Member since Aug 2016
13219 posts
Posted on 6/22/17 at 12:15 pm to
FLDC is up nearly 60% on Polo.
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