News Cryptocurrency Market Cap Passes $2 Trillion as Ethereum Prices Reach All-Time High

[Admin]

The cryptocurrency market cap passed $2 trillion as Bitcoin, Ethereum and other coins all enjoyed price increases.

Cryptocurrency Market Cap Passes $2 Trillion as Ethereum Prices Reach All-Time High : Read more

 

[caseym54]

This is literally inflation.

 

[LolaGT]

And, like it or not GPU use for cryptocurrency farming is still going to be a thing for another couple years as far as hardware viability.

 

[ET3D]

And, like it or not GPU use for cryptocurrency farming is still going to be a thing for another couple years as far as hardware viability.

Hopefully Ethereum's move to proof-of-stake will help.

 

[grlegters]

The nail that sticks up, gets hammered down. As cryptocurrency gets more popular and profitable, entrenched governments will see it as a threat to their power and monopoly on money. I expect that governments will ban cryptocurrency using the pretense of a war against drug lords, human trafficking, tax cheaters, energy waste, etc.. The power to the people offered by cryptocurrency sounds nice, but ask Bernie Sanders and Donald Trump how that works out in the long run. Money can be made (literally) until the hammer comes down, but it always pays to keep an eye on the authorities (remember the stock sales by congressmen before the pandemic announcement?). In the meantime, I'll continue postponing my GPU upgrade.

 

[daworstplaya]

Let's hope Crypto currencies get banned sooner rather than later. China should just do a mass shut down of all the servers there. Waste of electricity.