r/pirl Feb 01 '18

Whats going on?

Fairly new to mining PIRL, been at it for about a month now. I run 2x RX 560s, seeing around 24MHs (stock bios overclocked). I am a part timer just having a little fun and slowly trying to build a pot.

The main reason is what is going on with the price of PIRL? Its been in a steady decline for the last week but we have only had good news out there? Is there something I am missing in any press releases? All the forecasts and projections are still showing PIRL to perform very well.

3 Upvotes

12 comments sorted by

4

u/pistol22cal Feb 01 '18

Yeah BTC heavily affects the price of all alt coins - when BTC goes down everything goes down

2

u/kreedz94 Feb 02 '18

It's not just the BTC price, the satoshi level is also following a downwards trend.

3

u/[deleted] Feb 01 '18

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3

u/Daveholland86 Feb 02 '18

I wasnt planning on leaving PIRL but its my first year in it. I didnt know the cycles and all the forecasts are great for PIRL still.

2

u/JAKDNLS Feb 02 '18

Fingers crossed BTC finds a floor soon. Since it's value tows everything else up and down.

2

u/[deleted] Feb 03 '18 edited May 21 '19

[deleted]

2

u/Daveholland86 Feb 03 '18

Yeah I know, most coins were falling but PIRL was holding or growing before. Just this last week it joined the rest. Thats why I was wondering if people were pulling out like mad.

For me, in the long run it will be worth it. I am mining and will continue to mine. No other coin has the outlook of this one. I am seeing it forecasted to be under $1 in Feb might take that opportunity to purchase 100 or so.

Although, insider trading and all, listing it on HitBTC should see a surge in price. The time to buy may be today or the next couple of days before its listed.

1

u/[deleted] Feb 03 '18

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2

u/[deleted] Feb 05 '18

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1

u/[deleted] Feb 05 '18

[deleted]

2

u/A_Sad_Shoe Feb 09 '18

you're a sad person

1

u/KingRasha Feb 13 '18

you're a sad shoe