Go Back   OC3D Forums > [OC3D] General Forums > OC3D News
Reply
 
Thread Tools Display Modes
 
  #1  
Old 05-02-18, 04:51 PM
WYP's Avatar
WYP WYP is offline
News Guru
 
Join Date: Dec 2010
Location: Northern Ireland
Posts: 14,796
Bitcoin plunged below $7200 as banks ban crypto-currency payments on credit cards

This move will help prevent people running up debts b investing in cryptocurrencies.



Read more about Bitcoin's decreasing value.

__________________
_______________________________
Twitter - @WYP_PC
Reply With Quote
  #2  
Old 05-02-18, 05:26 PM
Dark NighT's Avatar
Dark NighT Dark NighT is online now
OC3D Elite
 
Join Date: Jan 2011
Location: The Netherlands
Posts: 1,641
This is a good thing!
Reply With Quote
  #3  
Old 05-02-18, 05:46 PM
Bartacus Bartacus is offline
OC3D Elite
 
Join Date: Apr 2013
Location: Ottawa, ON, Canada
Posts: 2,146
Or it's a bad thing, since people tend to get in on crypto when things get low, hoping to profit when things go back up.
__________________
Guts: Ryzen 2700X / Asus CH7 Hero / 32GB TridentZ RGB 3200CL14 / Zotac GTX 1080Ti x2 / EVGA 1000W PSU / Case Labs M8
Storage: ADATA SX8200 1TB NVME / 6TB RAID0 HDD array / 4TB RAID0 SSD array
Water Cooling: Watercool HeatKiller IV blocks on CPU & GPUs / 4 360 rads / Barrow box reservoir / dual D5 pumps

Reply With Quote
  #4  
Old 05-02-18, 06:01 PM
Dark NighT's Avatar
Dark NighT Dark NighT is online now
OC3D Elite
 
Join Date: Jan 2011
Location: The Netherlands
Posts: 1,641
Well with banks pulling this move its going to get increasingly more difficult, shops and services will probably follow suit and remove it as a payment option.
Reply With Quote
  #5  
Old 05-02-18, 06:04 PM
Bartacus Bartacus is offline
OC3D Elite
 
Join Date: Apr 2013
Location: Ottawa, ON, Canada
Posts: 2,146
Lets hope something curbs this insanity. I see local places around here putting GPUs on sale again, with 1-per-customer limits, so that's at least one positive sign.
__________________
Guts: Ryzen 2700X / Asus CH7 Hero / 32GB TridentZ RGB 3200CL14 / Zotac GTX 1080Ti x2 / EVGA 1000W PSU / Case Labs M8
Storage: ADATA SX8200 1TB NVME / 6TB RAID0 HDD array / 4TB RAID0 SSD array
Water Cooling: Watercool HeatKiller IV blocks on CPU & GPUs / 4 360 rads / Barrow box reservoir / dual D5 pumps

Reply With Quote
  #6  
Old 05-02-18, 06:33 PM
g0ggles1994's Avatar
g0ggles1994 g0ggles1994 is offline
OC3D Crew
 
Join Date: Jan 2016
Location: Look Under Your Bed
Posts: 883
Quote:
Originally Posted by Bartacus View Post
Lets hope something curbs this insanity. I see local places around here putting GPUs on sale again, with 1-per-customer limits, so that's at least one positive sign.
I've been seeing that here as well, and I won't lie. I'm glad about that
Reply With Quote
  #7  
Old 05-02-18, 06:38 PM
Piskeante Piskeante is offline
Newbie
 
Join Date: Feb 2017
Posts: 51
Excuse me, but you have to be brutally retarded to buy new GPU's at enormous prices considering the state of the cryptocurrency. Noone (none mentally disabled) should be thinking of paying hardware that you´ll not even ROI.

BTW, this has shown two of the biggest and most importants things that we are seeing nowadays.

1º Banks have seen that the more money goes to cryptocurrency, the less money they have to win money gambling with it, and if something goes wrong, no worries, the state will pay for it. So banks are trying to make it difficult for you to get the money out of the system. Just for their own interest. they are even banning people from using their own money in crypto. You can get whatever you want with a credit card, but not crypto (since the money goes absolutely out of control of the banks and they don't want this to happen).

2º The countries, and specially those mofos that are actually ruling our lives want you to pay taxes. The more money is put in crypto, the less they get in taxes since the money also goes away from the control of the Goverment.
Countries have seen that cryptocurrency is a big hole to hide money from this goverments that live at the expense of your pocket, and that they cannot live without putting their hand in your pocket.

So....to sum up, the system against the new system. All against the cryptocurrency. considering this, it's a moral MUST to evade taxes.
Reply With Quote
  #8  
Old 06-02-18, 03:27 AM
Type-8's Avatar
Type-8 Type-8 is offline
Member
 
Join Date: Nov 2013
Location: Australia
Posts: 131
See.... Part of me thinks i should look at the big picture. The benefits of Cryptocurrency as a whole, the people who mortgaged their houses to invest, people i know who bought bitcoin less than a month ago etc.

But then there's another part of me just sitting back hoping that the entire cryptocurrency market crashes into the ground, so that i can watch it burn with one eye while the other keeps checking GPU prices....
__________________
NZXT Phantom 630 Windowed - Gigabyte Z87X-UD4H - Core I5 [email protected] - NZXT Kraken X60 - XFX Radeon RX 480 GTR Black 8GB - Corsair AX860i - 16GB Corsair Vengeance Pro 2400Mhz - Samsung 840 EVO 250gb
Reply With Quote
  #9  
Old 06-02-18, 03:31 AM
NeverBackDown NeverBackDown is offline
AMD Enthusiast
 
Join Date: Dec 2012
Location: Middle-Earth
Posts: 15,565
Nothing wrong with cryptocurrency. It's affect on the DIY PC market though is annoying for sure. If it never affected it nobody would honestly care.
__________________
The Cost of Freedom -
"A price payed gladly, in the hopes that the free, live better."
Reply With Quote
  #10  
Old 06-02-18, 01:01 PM
ImprovizoR's Avatar
ImprovizoR ImprovizoR is offline
Advanced Member
 
Join Date: Jan 2015
Posts: 428
And may it never recover. And may cryptocurrency trend die and stay dead.
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump










All times are GMT. The time now is 12:17 PM.
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2019, vBulletin Solutions, Inc.