Anyone else excited of the prospect of XCH bottoming out extremely low? I would absolutely LOVE to see rock bottom shake out mooners and significantly drop netspace as well. Cheers to the crash! For long may it reign!
Iāve been around almost 10 years now, it is funny that in my experience usually, people like you and the ones that ācanāt wait to buy lowerā are the first to dump and leave.
Not sure Iām hopeful for that. I also think that the net space is not going to go anywhere fast unfortunately. Everyone involved in farming had hopes and still has hopes in Chia. The true loyalists as it were. Rewards rock and we all know that. People also know prices can change so quickly that even if losing money now, most will just putter along. Iāve sold off extraneous or most expensive hardware though. Iām not much into running something for 2 years to get my money back and if I see a turnaround I know what to buy and what are reasonable prices to setup more hardware.
Iāve been around since 2013. Iāve been through and seen a lot. The only certainty Iāve seen is long term, it pays to HODL. Sure, you can get extremely lucky in crypto from time to time, but you can also lose. The only sure bet is to diversify and HODL.
Well, then hello fellow veteran there ! as you know, we need a bear market for the moon kidz to be gone.
I have no high hopes for Chia in this bull market (assuming we are still on track), I am just building a position and hoping this gamble pays off long term.
Ditto. I believe in this project and I think there is a formidable team built around it. I also think itās smart to seek regulation from the start and develop a relationship with those in power while still maintaining open source and a transparent blockchain like they have.
Iāve been mining Chia since 1962 so I have you both beat.
It was a lot easier in the old days - just needed water. None of this complicated āSAS gigabyte lookup speedā mumbo jumbo. Just needed a waterinā can and a nice summer afternoon.
This. One group of people will post asking about a dip and saying theyāll buy. Then thereās a group of people who will actually buy the dip and post that they did so. They are no overlaps between those groups of people
If youāre in a forum telling people youāll buy⦠if only it dips to a certain price⦠youāre not going to buy shit .
bloody old timersā¦
I have been counting on $100 price for quite a while. Glad to see it is finally here. I would welcome some lower prices but not $20. I actually think $100 is a good spot for it at this stage but do believe it will drop to somewhere around $60 or $70 before deciding to come back to $100. But only time will tell. Even if it does drop to $30, Iāll just ride it out. The pain will be temporary.