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1061  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Anonymous Enough For You? on: June 08, 2016, 07:48:46 AM
For me, anonymity does not matter too much. I bought things from online stores. They know my address anyway.
1062  Economy / Speculation / Re: BITCOIN - Time to buy? Time to sell? on: May 26, 2016, 02:48:51 PM
i would at least wait until the halfing and not sell before

I agree with this. The price will rise a lot after halving. This might happen 6 months after the halving.
1063  Economy / Speculation / Re: BITCOIN - Time to buy? Time to sell? on: May 19, 2016, 06:59:02 PM
I think it is the time to buy. Even if the price is $450 now, it is still cheap compared to the price in 3 months.
Agree with you, the price $450 is really cheap for buying if we think about the price in the time when halving will occur, at that time the price will cross $700 and so the benefit to us is from whatever price we buy.

The problem is that even though the $450  is cheap to buy, the price will not rise too much in the near future.
1064  Economy / Speculation / Re: BITCOIN - Time to buy? Time to sell? on: May 06, 2016, 08:29:17 PM
It highly depends on the type of trader.

Short term traders buy and sell constantly to make profits while a long term holder just buys at a certain price and keeps holding it till it reached the price he is waiting for.

If you haven't bought any coins yet, then I will recommend you to do it right now before you end up buying at +$500 prices.

I am a long term holder. I bought some bitcoin in 2013,2014 and 2015. I did not sell the coins. I just used some.
1065  Alternate cryptocurrencies / Mining (Altcoins) / Re: R9 Nano Modded Rom on: April 21, 2016, 11:18:44 AM
Thank you Eliovp

The main issue is that the avg profitability with the current ETH and DCR USD value, too low to let the nano's be a good buy at the market prices. With a bulk order obviously the situation is a bit better, but right now here's the situation:

reference data: 6 NANO's in a single system, USD values, electricity cost 0.3$:

power consumption: 0.57KWh
24h gross profit ETH: 11.04
24h electricity cost: 4.1
24h gross NET profit ETH: 6.94

power consumption: 1.1KWh
24h gross profit ETH+DCR: 15.47
24h electricity cost: 7.92
24h gross NET profit ETH+DCR: 7.55

total cost of the platform in USD: 4397
linear break even NOT considering the electricity (ETH+DCR), in days: 284
linear break even considering the electricity, in days: 582

a "BIT" too much.. Even with an electricity cost of 0.10$/KWh we've got:

power consumption: 0.57KWh
24h gross profit ETH: 11.04
24h electricity cost: 1.368
24h gross NET profit ETH: 9.67

power consumption: 1.1KWh
24h gross profit ETH+DCR: 15.47
24h electricity cost: 2.64
24h gross NET profit ETH+DCR: 12.83

total cost of the platform in USD: 4397
linear break even NOT considering the electricity (ETH+DCR), in days: 284
linear break even considering the electricity, in days: 343

I live in Italy and to obtain 0.1$ I should spend at least 35k EUR to produce electricity with solar panels and wind turbines.

The electricity price you use is  $0.3/kWh. I think the cost is mostly below $0.2. Maybe in Germany, it is that expensive.
1066  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin better watch out - more Ethereum FUD ;) on: March 31, 2016, 12:51:40 PM
ETH has no means to support that price over a long time line because of their inflating amount of coins.

They will switch to proof-of-stake and thus presumably stop all further coin issuance.

Yes and switching to POS has been delayed further announced days ago.  Wink

Where is the source of the announcement? It could be good news for GPU miners. But the difficulty will be very high.
1067  Economy / Economics / Re: Is America a failed nation? on: March 06, 2016, 04:32:45 PM
They are not a failed nation, they just do things differently. No harm in that.
Most of their people thing differently which sometimes is good and sometimes can be terrible.

Failure of a nation does not refer to how they do things (differently or otherwise).
Failure of a nation refers to quality of living, security, rule of law, monetary stability, etc.

If a nation does not do things properly. It will affect the living standards of the people. One example is Syria now.
1068  Economy / Economics / Re: Is America a failed nation? on: February 23, 2016, 08:03:01 PM
Well I can tell you that it is not the land of the free or the place where you can make any dream come true. That is for sure.

The US government has more control of everything now. It is not good for the freedom of the people.
1069  Alternate cryptocurrencies / Mining (Altcoins) / Re: what alt coin to mine on: February 10, 2016, 01:48:05 PM
I just posted this in another thread

https://bitcointalk.org/index.php?topic=1279718.msg13719874#msg13719874

This is what I do with my smaller mining hardware.

I am doing this more for a hobby, but if I hit a home run with one I will take it. LOL

Ethereum is the new kid on the block atm. Seems to have good upside and a large following.

I checked https://forum.ethereum.org/categories. There is not much hype there. It seems the member of ethereum forum is not too interested in the price.
1070  Alternate cryptocurrencies / Mining (Altcoins) / Re: what alt coin to mine on: January 29, 2016, 01:27:17 PM
I advice you don't invest time and money in shitty altcoins. For now your best option is ethereum, and if you want an advice, don't change them quickly.. let the speculation do its magic.

Ethereum is the best altcoin now. It has strong development team and the price is rising. Monero is also good.
1071  Alternate cryptocurrencies / Mining (Altcoins) / Re: what alt coin to mine on: January 19, 2016, 04:19:50 PM
If you want to CPU mine, then mine XMG or Monero. If you want to use GPU, the most profitable is Ethereum. The price is rising at the moment.
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