You ask the wrong question.

The proper question is what % of my bitcoin should I cash out?

If you put up 10k to buy a coin at 10k you are now close to 23.2k

Sell .5 coins

You have 0.50 free coin to let it ride.   {actually the 0.5 coin would have cost you about 400 see below}

---

the following applies to a short term gain under USA tax laws

You got back 11.6k   if you go legit tax may be  30% of the 6.6k profit or 2k

netting you 9.6k in pocket and .5 btc which would be only 400 usd out of pocket.

It is an easy choice to go 50-50  if 10k has turned into 23.2k.

what's also nice is even though you are 400 usd out of pocket in the case of 1 coin purchased at 10k and .5 of it sold at 23.2k

the remaining .5 coin is valued at 5k by the usa government.  so if you hold it and it crashes a lot to say 2000 you panic and cash it. you get to take a 3000 dollar cap gain tax loss on it. which saves about 1000 and you sell it for 2000

tax wise it is a good move to do this if you are usa citizen.

spacer


Mine.farm.buy

is a good member with good judgement that does not abuse the trust system.  
So I find him a trustworthy member. with good judgement
I want him on my trust list


Mine.farm.buy

has proven to me and others he is good to do business with. I want to give him positive feedback.


so I trust listed mine.farm.buy on my main account


I positive feedback him on my alt

my alt is never for business and will say this shortly.---edit did this

I am thinking this method will prevent padding of my main account numbers but not penalize those that deserve both trust and feedback.


So mine.farm.buy is now trusted by my main account
and has a positive feedback from my alt account

https://bitcointalk.org/index.php?action=profile;u=2022002

This raised him to +2

It did not raise me.

I will be giving him a second + feedback from my cellphone account.

I did 4 purchases from him of 4 gpu's and he handled them well even with the difficulty of sourcing> has been honest and forthcoming with his sales.



I think this work around allows me:

 to trust list good people if I think they have good judgement.
 to give positive feedback it they do good business
 not pad my score.
reward people that fall in the +trust and +feedback category .


Please note never ever ever ever ever do business with anyone claiming to be me.  Unless they clear prove that control the main account of me.

https://bitcointalk.org/index.php?action=profile;u=64507

https://bitcointalk.org/index.php?action=profile;u=64507;sa=showPosts

note that the profile number is

64507

note I have over 30,000 posts.


I am doing all this as people want gear and have interest in my gear and my escrow service (due to coin rallies)
I am doing all this to side step padding my main account + feedback
I am doing all this to not penalize anyone that should be on my trust list and get + feedback

I am willing  to discuss this in length  on this thread.

spacer


 old info on main account profile is



Other contact info:   
My alt is judypug1956 vanity addy:
1956jUdYPFwiBSzt9AECdWj3KE4WV7taiM
1MVzxXXtYuvmzGBT2ZiyrxXiEpUJ6Ttr1u ckpool fund
36Jwx4nSJ9Ks7nvtbkHNnQvtvhzArrDn6q white
3HpeP9U6svrHZ1dYB9iPxDoCPXGa38buqh black
....... trezor addresses

new info on main account profile is:

Other contact info:   
My alt is judypug1956 vanity addy:
1956jUdYPFwiBSzt9AECdWj3KE4WV7taiM
My feedback alt is philipma1957cellphone not for business, but to give positive feedbacks!

spacer

For me my issues with forum members attacking people for trust padding their feedback number never had anything to do with my feedback number.  

It was about the penalizing of people that deserve to be both trusted by me and to be given a positive feedback from me.

---

my list

has trust list has people I did business with and gave positive feedback. If they in turn decide to give me positive feed back it looks like I pad my feedback score.

I think this will work to fix the problem.

So those that deserve both a positive feedback and to be on my trust list will get that.

spacer
my profile

https://bitcointalk.org/index.php?action=profile;u=64507

First things first I dropped my level from 4 to 2 which makes me drop from 83 to 59 plus feed backs.

Next I added my alt to my trust list

so this is my new trust list.

theymos
OgNasty
-ck
buysolar
TookDk
sidehack
Biffa
Lesbian Cow
valkir
suchmoon
wheelz1200
DaveF
jonnybravo0311
HerbPean
HagssFIN
generalt
wndsnb
LoyceV
frodocooper
Hockeybum
WhyFhy
MoparMiningLLC
DireWolfM14
mikeywith
favebook
Philipma1957cellphone

---

---

my alt's profile

https://bitcointalk.org/index.php?action=profile;u=2664833

my alts trust list

philipma1957

I am trying to find a way to do business here and give feedbacks to people that I think do business well.
I am also trying to give trust to people that deserve trust.

Lastly I am trying to do this in a way that I can give both trust and feedbacks to people that deserve both. Without padding my main accounts numbers.

I think I figured a way out.

I have been with them from 2002 or 2003.  No issues or real problems.

I do know someone that was closed out he did a 5 to 6k callback on mining gear that never arrived paid with PayPal.

PayPal did pay have and then closed him "out for life" IIRC

If we knock them out we will also knock out all four digit prices.

Many other amazing streaks going.

Basically it is no different then a corporate bond or even a bank. Except in one way

It is centralized. Controlled by a handful of people.

Worse not much regulation to protect investors.

Here is how it is different than a corporate bond or a bank "No real collateral"

A bank has deposits and loans to back itself.

A business has inventory and income to back its bonds.

Ripple has no real backing of the coin.
Did they put 100 million USD in escrow with Lloyd's of London nope.

Most pos coins don't have any 'real' backing.

Most pow coins have real backing in the form of gear and power infrastructure.

I see ripple's failure as a plus for crypto coins. Certainly a plus for BTC.

Funny thing I have been with PayPal since 2003 maybe 2002.  I have three accounts two super active one almost never used.

So I grabbed say 160 and say 100 for the two active accounts.  They are now worth 260 and 177 or

260 became 437


Today I got an offer to buy 100+ of BTC and get a 25 usd voucher for the less used third account.

So I just did that. So I now have put in 360 to get 537 and I have a $25 coupon to use as I please as long as seller takes PayPal.



That offer will be done for 40000 people.

Give me a minute to show screen shot of offer.

Ripple another coin not backed by mining gear. Did well right?

Well instead of worrying about the danger of PayPal holding a few billion worth of btc if they have that much. The true fear is governments copying Norway's move of putting some BTC into the entire nations retirement fund.

Norway is small under 6 million and it is only 2 dollars per person so well under 20 million.

Pick the UK with 66 million make it 100 per person and you are at 6.6 billion

Better yet Pick the EuroPean union 450 million add 1% vat to the whole union sink it into a BTC fund.

See where I am going. Adaption or adoption of BTC big time.

The upside of Paypal is it may have influenced Norway to invest in BTC for its pension fund. The upside of Graystone buying a lot of coins may have been a factor keep this up and maybe just maybe we see a dozen countries adding btc into its longterm holdings.

Many talk about 1 dollar satoshi's which is a 10,000,000 bitcoin.  Paypal Norway Gray-stone so dare I say Singapore and UK along with Italy in 2021. With more to follow in 2022.

Its a good farm size.

We had aldi’s for years.

Lidl opened just as my wife came down with covid in Jan 2020.

So I am yet to try Lidl I will wait till Jan 2021 as so far both my wife and I survived the covid-19 and are still treating the damages from catching it.

I do buy from Aldi’s and will use them again in Jan or feb of 2021.

Back to thread. Nice sideways action today.  Every day of sideways movement is a victory for me.

Lets keep it going.

We had about a 30 day sideways move  10.5k sept 5 to  10.6k oct 6

then from oct 6 to nov 6 we moved 10.6k to  15.6k

we can do dec 17 to jan 17 at 23.5k then move to 34.5k  I am hoping for this pattern to unfold.

We are yet to crash and burn think Jan 10-19.  Right before Trump hands it off to Biden.

2021 will be brutal.

Yeah it does work that way.

Nice size farm 5.6 gh

I have about 2.0 gh

so t-rex had issues for nvidia.

Not sure you can mine as 13.55 euro cents a kwatt is expensive.

In the winter I am 13.75 cents usd. and I get heat which lowers my winter price to 10-11 cents. a kwatt.

an s9 set to 10 th burning 800 watts comes to about 20 kwatts a day. or 20 x .11 = 2.20 usd

it earns 10 x .17 = 1.70

so 1.70 - 2.20 = - .50 usd a day.

if you are 13.55 euro cents that is around 17 usd cents

so 20 kwatts x 17 = $3.40

1.70- 3.40 = - 1.70   with a s9 80 watt a th miner.

the best gear i have is an s17pro it does

38.5 th at 980 watts. of all my s17pros it is the only one that is that efficient. it has vnish aftermarket firmware.

lets round this to 40 th at 1000 watts. no gear other than this is as efficient.

so 40 x .17 = 6.80 usd a day

24 x 1000 = 24 kwatts a day at 17 usd cents it is

4.08 usd a day.

6.80-4.08 = 2.72 daily profit using 25 watt a th gear.

as I said only one of my 17 s17 pros does this well.

If I were to sell it to you at my cost [not an offer]

I paid  840 usd to ship to norway it would be at least 160 is 1000 and vat is around 18%

that comes to 1180 usd or maybe 1200 usd. at 2.72 profit it takes just under 490 days to break even.

this is assuming I understand your power cost. as 13.55 euro cents.

Now you mention it is the price over 2500 kwatts.

what is the price under 2500 kwatts?

how much do you burn now?

the downclock s17pro i mention will use 720-750 kwatts a month.

if you have a better price under your 2500 kwatt ceiling say  6 euro pennies. and if you are burning 🥵

1000 kwatts you could justify 1 s17pro downclocked with vnish firmware.

as  the 6.80 usd - 2.00 usd = 4.80 a day profit. which means 225 days to breakeven.

Note all breakeven numbers assume
the gear does not break
difficulty rises  exactly as fast as price rises which keeps the 17 usd cent per th mining earnings steady.

So basically if you have really cheap power up to 2500 kwatts and you burn only 1500 kwatts you could make an investment for 1 s17pro set to downclock. on vnish aftermarket firmware..

So is your monthly power use under 1500 kwatts?
do you have 1000 spare kwatts?
how cheap is your power under the 2500 kwatt cap?

Now since this is the btc section and asics mine btc I can not give info on gpu mining.

The thread or my post will be deleted.

I would ask mods kindly to let me link the op to my gpu altcoin thread 🧵 which explains how to mine btc indirectly via gpus.