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Ethereum price crashing is what let you buy it. You might thinking the wrong decade but then the 1080ti didn't exist, and neither did Ethereum.
by vmception 5y ago
Ethereum price crashing is what let you buy it. You might thinking the wrong decade but then the 1080ti didn't exist, and neither did Ethereum.
- AnIdiotOnTheNet 5y agoLooks like I bought it in June of 2018, and BTC was ~$6k, which was $7k down from its previous high in December of 2017. It would drop another $3k by January of 2019. At least, that's what the first graph I found said.
- vmception 5y agoNobody has used GPUs for mining bitcoin in nearly 10 years, my point was telling you what they were using them for
- qayxc 5y agoBTC and ETH are closely correlated price-wise.
- vmception 5y agoAnd all crypto assets at the time. People wouldn’t be clamoring for GPUs if Ethereum didnt exist and also capture so much of the market. Its the only proof of work blockchain that people pay so much to use that it frequently exceeds the block subsidy. so Bitcoin crashing, without Ethereum existing, wouldn't mean anything. thats how I separate the two without it seeming pedantic to me.
- gjs278 5y ago