Comment on An entire PS5 now costs less than 64GB of DDR5 memory, even after a discount — simple memory kit jumps to $600 due to DRAM shortage, and it's expected to get worse into 2026

• Psythik@lemmy.world ⁨2⁩ ⁨days⁩ ago

  Not too long ago BTC was hovering around $120K. The price has fallen quite a bit in recent weeks

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  • quick_snail@feddit.nl ⁨1⁩ ⁨day⁩ ago

    Not too long ago bitcoin was hovering around $10K. The price has risen astronomically in recent years

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    • Psythik@lemmy.world ⁨1⁩ ⁨day⁩ ago

      Both are true.

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      • quick_snail@feddit.nl ⁨1⁩ ⁨day⁩ ago

        Yep. It’s not a bubble. It’s just volatile. And increasing long-term

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• PabloSexcrowbar@piefed.social ⁨3⁩ ⁨days⁩ ago

  There was one a while ago, back when mining on GPUs was still viable. I wanna say the GTX 1000 series was still in vogue at the time.

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  • quick_snail@feddit.nl ⁨3⁩ ⁨days⁩ ago

    So you mean recession, not bubble

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    • PabloSexcrowbar@piefed.social ⁨3⁩ ⁨days⁩ ago

      It crashed hard and it crashed fast after a prolonged period of unsustainable growth. Is that not a bubble?

      https://www.sciencedirect.com/science/article/abs/pii/S0264999321002327

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      • TheOakTree@lemmy.zip ⁨3⁩ ⁨days⁩ ago

        Regardless of what happened to crypto, it was certainly a crypto mining hardware bubble for anyone invested in that.

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      • quick_snail@feddit.nl ⁨3⁩ ⁨days⁩ ago

        Correct. It was not s bubble. It is a volitile system that will continue to crash and rise forever.

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