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101  Alternate cryptocurrencies / Mining (Altcoins) / Re: Is it worth purchasing Antminer E3? on: October 28, 2020, 10:37:32 PM
Asic miner E3 is out of business, it's only reasonable if you have free power supply at your home but know that the income is coming from the electricity not the miner, it's even better if you spend money on graphics card like gtx1660ti or gtx1070

1660Ti might make sense because of its energy efficiency but there is no reason to get a 1070 with all the thrashing on that card the hashrate drops down to 25-27. If you insist on used nVidia, go with a 1070Ti which should only cost $20 more than the 1070 and will do about 20% more hash with the same energy usage. If you're not a tight on electricity budget nothing beats a used RX 470/480/570/580 as long as they're 8GB variant.
102  Alternate cryptocurrencies / Mining (Altcoins) / Re: RTX 3070 should offer RTX 2080 Ti level performance for $599 = Game changer? on: October 27, 2020, 12:29:44 AM

Did anyone pick one up ?

I think it's become quite apparent that there is a significant reselling opportunity for the 3070. Anybody who gets their hands on one won't even bother breaking the outer seals and will instead flip the card for $200 profit - that's 0.5 ETH in just 1day of work. Are you looking for benchmarks or just curious if any of the retail channels have put any cards out yet? I expect 6800xt to be out before the 3070.

if you can turn 2 over with a 400 profit.

you can buy this for pretty much  free

https://www.amazon.com/MSI-Gaming-Radeon-Boost-Clock/dp/B07WNSP41M/ref=sr_1_3?

Just think how tempting it is for a newegg employee to do that.

Or for a best buy employee.

or for an EVGA employee.

or amazon employee.


Frys did this to me summer of 2019 with amd ryzen 9  3900x cpu.

My credit rating is literally perfect 850 of 850 most months.
I got an order in and they said my cc was rejected due to my credit rating.

I figured it out about 30 minutes after the cancelled order.

I scream yelled shouted and told fry's I would never place an order from them again.

I then called my cc screamed yelled and shouted. Impressively they offered me 53.49 credit on my next purchase.
To make up for their error.

I was able to get the cpu 3 weeks later on a sale and get the 53.49 credit. So all in all the 3 week delay saved me about 100 dollars.  And I have still not purchased from fry's since august or july of 2019.



That's so evil. I grew up buying electronics and motherboard combos at Frys back when they had those ECS combos - back again when AMD was tied with Intel haha. Credit rating my butt, as if the credit card terminal is checking your FICO at every transaction.

I stopped shopping at Frys after they retroactively changed their return policy on video cards after a sale was made back in 2017 (before ETH blew up so tons of cards sitting on shelves0. I bought 3 ASUS 1080s but only opened one and it ran so damn hot that it wasn't even suitable for gaming. Went back to Frys after 3 days and they refused to take the cards back after 1 hour fight with store manager. They said the policy on the receipt was outdated. I even asked a sales person about the return policy before buying which I do for any $100+ item. Manager said the sales person I spoke to was wrong and refused to budge, so I left on amicable terms leaving the items at the store, and called AmEx and told them about the issue. Got a chargeback (AmEx really punishes merchants) and I filed a complaint with the State department of consumer affairs. Changing terms after the fact is fraud.

It's only a matter of time before Fry's closes down. I haven't stepped foot in a Frys since that incident in 2017. I'm surprised they didn't die this year. I buy everything at Microcenter for the most part.
103  Bitcoin / Bitcoin Discussion / Re: The number of Bitcoin whales hit an all-time high during the latest bull run on: October 27, 2020, 12:16:21 AM
In fact, over 2000 addresses is a huge number. However if we can identify addresses belong to giant entities like exchanges and mixers, i think just few individuals hold big amounts of bitcoins. Fortunetly, it's just 12% from the total bitcoins and anybody can still buy and fill his wallet. At the opposite, it may come a day when all the bitcoin is held by few entities and become reserved to rich people/countries .

If it's only held by 1000 people worldwide does it have any real value? It would be like giving a Monet painting to a homeless man. He would be rich from asset but it's not able to b utilized unless he sells it. For BTC to keep its value it needs to be coveted by the population at large. 2 Billionaires trading it among themselves would have no real impact on the rest of the world.
104  Bitcoin / Bitcoin Discussion / Re: Why criminals still use Bitcoin? on: October 27, 2020, 12:12:23 AM
It's simple, Bitcoin is a safe heaven for Criminals and Money laundering. This is why many govt not allowing bitcoin public legally in their country. You can easily move money without any trace of it. For example you can use annonmouse way to trade Monero, nobody will able to find out. This is why Monero called privacy coin. It is not good for Govt.


This is their stated reason, but it doesn't explain why coins that are fully traceable are still banned b governments. The unbanked world is coming to the realization that it doesn't need a bank to work as a middle-man siphoning off fees every time money is moved. A decentralized can do the same thing more efficiently and for less fees. Therein lies the rub. The banks bankroll plenty of politicians. Everything from mildly unethical things like giving 0% interest loans on a governor's mansion all the way to highly illegal like holding gold obtain during wartime confiscation like all that Nazi gold sitting in Swiss accounts or all the money England looted from India.

If the banks don't make money, the politicians lose a big source of financial support, and that's just not acceptable  Roll Eyes
105  Bitcoin / Bitcoin Discussion / Re: Why criminals still use Bitcoin? on: October 27, 2020, 12:06:24 AM
bitcoin is anonymous and that is an advantage to the part of the criminals doing kidnap for ransom, money laundering, fundng terrorist and other means of illegal activities.

This is why government are eyeing bitcoin to destory it or ban it. In fact other countries had already ban bitcoin. It may be not good because we are enjoying bitcoin but this is the reality. Bitcoin has been use illegally and that also bitcoin does not really contribute good for the economy. Imagine you earn in bitcoin but in the procedd others are losing in their bitcoin so what is the point in your earnings?

You're fooling yourself and others if you believe that the reason governments banned BTC (and other cryptos) is because of their use for illegal activities. A local man was murdered yesterday using a crowbar - by similar logic governments would start monitoring sales of crowbars and restrict their usage.

The reason for the ban was because crypto was being used to circumvent the established tradition of having banks move your money to another bank - all under the purview of the government. They need to know what you're doing with your money at all times apparently, even if it's perfectly legal or illegal (such as money laundering). The only reason they make the laws with titles saying it's to combat terrorism is so that no rational person would be opposed to combating terrorism. Yet their fiscal policies of separating people and their money is a veiled form of terrorism in and of itself. There is no reason why banks should be closed 2 days a week when plenty of people around the world have to work all 7 days and on holidays.

As long as ignorant people allow such crooked politicians to control the system the ignorant people will be treated as children. Children should haven't direct access to their money - only a wise government can help them spend it properly /s
106  Alternate cryptocurrencies / Mining (Altcoins) / Re: RTX 3070 should offer RTX 2080 Ti level performance for $599 = Game changer? on: October 26, 2020, 10:25:56 PM

Did anyone pick one up ?

I think it's become quite apparent that there is a significant reselling opportunity for the 3070. Anybody who gets their hands on one won't even bother breaking the outer seals and will instead flip the card for $200 profit - that's 0.5 ETH in just 1day of work. Are you looking for benchmarks or just curious if any of the retail channels have put any cards out yet? I expect 6800xt to be out before the 3070.
107  Other / Beginners & Help / Re: buy low sell high? (I'm a noob) on: October 26, 2020, 08:27:09 PM
People are trying to time the market and part of the market price is based on people reading trading charts and looking at moving averages while others are basing prices on external factors like Paypal allowing BTC purchase through their website. The two sources are incongruous and have no real bearing on each other.

You should just set an auto-buy routine that purchases a small amount each month that you can afford. Say you're willing to skip 4 $13 meals a month - save that $52 dollars each month and set it to auto-buy BTC on the 15th or something. It would have bought some BTC when it was $3k, it would have bought some at $6k and also $13k. The point is you would own some and have no regrets about the timing. If you're paralyzed with fear about timing the market then owning crypto is not helping you (at least not mentally).
108  Other / Politics & Society / Re: Shit Hits the Fan: Australia joins US, India and Japan in Naval Exercise on: October 26, 2020, 04:45:38 AM
China --arguably-- doesn't contribute real value to global markets.

They only steal other peoples technology, designs. Copyrighted and patented products. Which means they're very replaceable.

 Wink

That is not the situation now. One or two decades ago, they were dependent on plagiarism and technology stealing. But now the Chinese are capable of doing innovation. Show me an example of any Chinese company being accused of plagiarism, in the past 2-3 years. It is not easy to replace the Chinese products from our markets. The reason is that no other company has the capability of manufacturing high-quality products at such affordable prices.

Let's just look at the most talked about US company in 2020 - Tesla. Xpeng is being sued by Tesla for blatant theft of IP via USB thumb drives where source code was transferred by previous employees. This is not like where former VPs of on auto company like GM go to work for another company like Ford. In that an employee can take ideas and trend, not actually licensed knowledge. Tesla's case is currently waiting to go to trial. Although innocent until proven guilty, this is consistent with how Chinese corporations have worked for 30 years. Why reinvent the wheel when you can steel somebody else's bike.
109  Economy / Economics / Re: Are the Central Banks starting to worry about the public's perception? on: October 26, 2020, 04:36:11 AM
I am not in favor of mocking people who have done so much to help but nothing happened in return, they at least did something which is what matters in these type of situations. We are talking about people who have worked hard to make sure they get a better world, they did protests against wall street and how they get away with basically greedy illegal moves and maybe they didn't get anyone jailed or nothing changed at all but at least they tried.

So, to call them useless and tell that they went back to basement to play COD (like that is a bad thing, I would love to be able to freely do that without worrying about life) is really not helping at all, in fact those people did more for you than you ever did for them so I would say they are much better humans than you can ever be this way.

Those people accomplished nothing other than damage city property so that taxpayer had to repair lawns and sidewalks. Occupiers largely sat in tents on grass and sidewalks eating trail mix, prepackaged food or fast food and left tons of trash behind to destroy the local environment. Did you forget the amounts of trash that went down the drain from those people living in cardboard boxes and tents? Doing something just for the sake of saying "we tried something" is not prudent. It's like creating change to alleviate boredom.

As a physician I've done more pro bono work that those lazy welfare collectors will ever have done. In fact I went 3 years making less money than the cost of my malpractice insurance seeing Medicaid patients. Focus on the issue at hand and trying to defend people's lifestyle choices. If people weren't apathetic in the first place the politicians and Wall Street would not have gotten to the place it is at. Protesting Wall Street greed while walking around with Apple phones, Nike shoes and a Coca Cola in hand seems antithetical.
110  Alternate cryptocurrencies / Mining (Altcoins) / Re: PhoenixMiner 5.1c: fastest Ethereum/Ethash miner with lowest devfee (Win/Linux) on: October 26, 2020, 04:19:31 AM
Anyone have an idea why my rx480 rigs always have lower current hash values to reported on ethermine pool while my 1070 rigs always report more current than reported?  They both have been running for a week or more consistently.

It all comes down to share submission. It's not like the pool is discriminating against AMD cards versus nVidia cards. If you left the miners running for the same amount of time, just compare the amount of shares submitted between the 2 rigs (assuming same difficulty). The ratio should be within 5% of that ration that is showing on your local machine. Anything more that 5% deviance you can start suspecting things. Maybe one rig has more latency.
111  Bitcoin / Bitcoin Discussion / Re: People's goal should shifting, specially if you are financially responsible on: October 25, 2020, 11:43:26 PM
One good coronal mass ejection and crypto will be put on significant hold for a matter of weeks if not years, although the sun is heading towards solar minimum at present.

It's never a smart idea to put all you eggs in a basket unless you are making the market move by yourself (whales). Having the ability to scoop up a deal when the situation presents itself is the key to winning.

Cryptocharles sure likes to talk and post a lot...
112  Bitcoin / Bitcoin Discussion / Re: Jamie Dimon's ( "Bitcoin is a scam") Bank -JP Morgan Chase- Fined 1 Billion on: October 25, 2020, 11:30:21 PM
I echo most all of your sentiments.  The moral of this story is how this massive scam JP Morgan, the worlds second richest bank, isn't really all the big of a deal in the end after the dust settles. The sickening this about this in my opinion is that not ONE , NOT ONE person is going to see the inside of a jail cell over this which is absolutely disgusting.  You and I would go to jail for the tinest infraction yet 1 Bill fine and no one to see bars.  This is the product of allowing big business to buy political elections.

Not a single business leader who is involved with corruption/fraud will ever be prosecuted and face jail time because the politicians they support receive the same treatment. If the politicians were actually held accountable for bribery and corruption and put into jail, perhaps they would actually care to make sure offending company leaders are prosecuted. The mindset "it's better you take the fall than me".

Sadly the ones who uphold the laws (courts) are usually appointed by the corrupt politicians. So it's a feedback loop - no discernible way to interrupt the pathway.
113  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: October 25, 2020, 09:33:04 PM
Well BTC is sitting at $13k right now and ETH is sitting around $410. BTC is at roughly 13/20 it's all-time-high and ETH is 410/1432. If ETH moves to parity ATH as BTC then it could double, but Vitalik is doing his best to make sure that nobody wants to mine ETH. What we need now is a good reward drop right guys?  Grin

I wish I got more 5700XT when they were near $350. All the decent ones I see on Newegg are at or near $400. I wonder if AMD did actually cut manufacture of the 5700XT to pump out 6800XT.
114  Alternate cryptocurrencies / Mining (Altcoins) / Re: the new ETH PILL scam called now Project Morpheus!!! ATTENTION!!!!! on: October 25, 2020, 09:24:30 PM
Just had to report 3 posts for this again. It's the same person logging into multiple accounts and spamming it in the Claymore and Phoenix miner threads. New users will of course click the link and get malware/trojans on their system/network. Hopefully it's just limited to crypto and does not proliferate into keylogging or other vectors that would result in drained bank accounts and identity theft.
115  Bitcoin / Bitcoin Discussion / Re: Trezor saved my after robbery on: October 25, 2020, 09:08:06 PM
Sorry for your loss. It sucks, especially if you had hard cash in your place.

Bitcoin saved you, because the robber was ignorant of that tiny device. If he knew, he would take it with pleasure. That's why I'm against hardware wallets. Bitcoin gives us the chance to save our money on a piece(s) of paper, which doesn't draw attention and/or memorizing the seed. It's not hard, you just have to find the perfect seed.

Keep calm and carry on  Wink

what can the robber do with his Trezor without the key or seed?  Huh Huh
Isn't the seed inside the hardware?

Yes the hardware wallets use a seed based of the inherent base index of the device itself, like a hardware token. The purpose of a good hardware wallet is that you can keep it on your desktop plugged into your computer and not worry about it being stolen and being accessed to have your wallet drained. Even if the thief has your device, he doesn't have your biometrics or your pin (most devices reset after 3 failed attempts). This allows you to properly store copies of you keys in remote areas of your house or even outside your country (depending on paranoia level) for long term retrieval in case your house burns down or a thief steals the device.
116  Economy / Speculation / Re: Bitcoin broke $13k today on: October 25, 2020, 08:56:31 PM
How quickly BTC can move upwards is more of a function of how desperate people are to sell coins when given an opportunity to cash out some profit. If, on every exchange, only 1 person has BTC listed for sale and only decided to sell it at $20k, then as buyer begrudgingly buy small amounts at $20k price across all exchanges the price will be adjust to $20k. But that's not the case as there are massive sell walls. The current US election, the covid plandemic, government bans on crypto and other factors are influencing people's sell wall. Good news on the world stage usually help bring down that sell wall. A weaker monsoon season for example would help Asia/Africa.
117  Bitcoin / Bitcoin Discussion / Re: Trezor saved my after robbery on: October 25, 2020, 08:48:57 PM
I don't understand why every one is saying the OP is lucky BECAUSE THE ROBBER DIDN'T TAKE THE HARDWARE WALLET?

Is it not the main benefit of a hardware wallet that even if it is stolen no one can actually do anything with it without the seed or private key?? 

what can the robber do with his Trezor without the key or seed?  Huh Huh

He's lucky because he's implying that his only copy of his keys was store on the hardware wallet. The wallet would be secure for perpetuity, but the coins would still be lost to him. To prevent loss, the keys should be either written down on paper or digital sources - obviously it would make sense to obfuscate the key. Perhaps putting 1/2 of the key in one room in one book and the other half in another room in another book.

Thieves steal pretty much any small electronic device because those are easy to resell and have value. The hardware wallet allows easy access with easy security, but it doesn't prevent the keys from being lost.
118  Bitcoin / Bitcoin Discussion / Re: Jamie Dimon's ( "Bitcon is a scam") Bank -JP Morgan Chase- Fined 1 Billion on: October 24, 2020, 07:33:20 PM
You will find the collective group of billionaires accusing all crypto of being scams because it's a direct affront to their business model and their status. Dimon, Buffet, Gates (he used to support it until he went viral - pardon the pun) - they all have it against crypto.

For those who think this 1 Billion as a punishment - well Chase must have made $5 Billion if the fine was 1 billion. The fines are always less than the true amount of the crime. It's why the banks continue to do this repeatedly. Just like DRAM price fixing, the billion dollar fine that Samsung/Hynix had to pay was less than their profits.

Good old Chase bank - kicking active military out of their homes during wartime because the soldiers were too busy on front lines defending their country to be fighting unlawful foreclosure notices. If you're not a religious person this kind of makes you wish there was a hell  Cheesy
119  Bitcoin / Bitcoin Discussion / Re: Trezor saved my after robbery on: October 24, 2020, 07:24:22 PM
Trezor under the bed? That's one of the first place criminals look when flipping through a house - they're looking for money, drugs or guns. Guess the criminals didn't know what the hardware wallet was. You got lucky. You could have printed your public and private keys in 20 point font on paper and plastered your walls with it and still been safe Tongue

I have a Nano Blue but took all the funds off of it. It was too cumbersome to interface with. Paper wallets divided around the neighborhood/world works better for me, but it's good to hear the wallet did its job.
120  Alternate cryptocurrencies / Mining (Altcoins) / Re: Are the Nvidia 3000 Series the BEST GPUs for MINING EVER?! RTX 3070, 3080, 3090 on: October 24, 2020, 08:40:48 AM
The 3070 will be the greatest xx70 failure of all time to date. People will prefer to buy a 3060ti or a 3080 than the 3070 hehe
https://www.proshop.de/RTX-30series-overview
Are you sure you can buy the 3070?
They will be snapped up by bots and store employees.
A friend bought 10 RTX 3080 at $ 1000 apiece. He uses 6 pieces for mining, and he sold 4 pieces at $ 1,500 apiece within 2 days. Profit Smiley



10 RTX 3080s? Isn't that ½ of what nVidia produced in the first batch? I kid I kid, it's a quarter.

Sometimes it's just easier to make money flipping the cards instead of flipping the bits. I made more money selling power supplies and 4 year old hardware than I did mining for about 4 months. I'm surprised the DeFi thing lasted as long as it did.

BTC broke $13K, maybe ETH will go for a 2nd run. It's back over $400 but hashrate is up 50% from 3 months ago.
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