I'm not discussing will or won't. Just asking what if it does?
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Even if I get rich tomorrow no way I'm selling my house. I worked too hard for it, fought too many battles to keep it, worked too many years of weekends. I'm going to live in it until I die, and then I'm going to haunt it. But it IS a good time to buy on the dip!
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I'm high on etn. Got in at .06 usd, went to .20 at one point, hovers around .16, already back to .11 after the crash. If you have 3 etc, and etc goes up a dollar, you made three dollars. If you have a thousand of something, and it goes up a nickel, you make 50 dollars.
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They're corrupt. Spread a few renminbris around, everybody looks the other way. Nothing to worry about.
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I think bitmains A3 completely killed prospects for the obelisk... Thanks for the advise guys. And what about the dragonmint miner? On paper it's stiff competition for bitmains S9.
Nobody is sure if it's real. There's a thread full of smarter people than me discussing it.
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What if hashrate drops? Say China goes down. Or S. Korea. Just for the sake of argument.
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7 cores, i7, 27.4-33.5 each avg 30 per core xmr stacker etn GPUs working but not included here.
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SIA is increasing difficulty in about ten days to compensate. Don't roi based on todays diff rating.
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mine 1k etn this week, .10 usd, sell immediately, make 100 usd, or 14.29 usd/day. Sell next week, when it's .20 usd, you made 200 usd, or 28.68 usd/day. nicehash = btc coin payouts = you can't play with your coins.
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If it went down to 1k I would buy as much as I could afford to and put it away for a while. Not going to happen, Bottom just under 10k and back to 13500 or higher in a week or less. Hang on to your alt coins and wait, you'll get more for them next week. BTC price will rise, and bring everything else with it.
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I always expected a bumpy ride, Wall St. is in it now, and they swing it the way they want to swing it. I looked into a futures investment vehicle that trades based on the price of btc, it has literally nothing else to do with btc, they hold none, they trade none, they literally just made it up and sold a bunch of them, then got it listed on the stock exchange through a major firm. News from Korea was already denied by Korea. They might try to tax some, even if it were true, so what. Scare some people, big deal, price will be back in no time. I think that people who rely on btc for an income might be a little put out for a week or so, but I think if everybody just holds on it's going to be just fine. Some weak kneed investors will get washed out, some people who went out on a limb a little might panic and get out, then in a few days things will get back to normal. Noob calls bottom at 9800, buy on the dip, 13500 again in around 5 days, maybe higher and sooner. Just my nooby opinion.
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Nooby noob calls bottom at 9800, buy on the dip! I got bottom right at 10500 last time. 13500 by the 25th, prolly sooner.
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Did you look at the bottom of the page at the other boards for sale? Did you look at the sellers other items? Look I don't care what you do, but they are there, they are for sale, they are reasonably priced. I'm just trying to help man, like I said, I don't care what you do. Pay the same, ship your miners, lose mining time, it's ok, it's not me. Nooby noobs lack experience, but they are also unburdened by preconceptions. I hope you get your miners fixed the best way for you, I really do.
Wow slow down and come up for air...yes I did look at the bottom of the page and they are all control boards. We were discussing hash boards and you will not find a working s9 Hash board for sale for the price you were stating. I was also trying to help so you or someone else would not purchase a Control board thinking they were hash boards. My bad, you're right. The other boards were s7/s5 hashboards. I could have sworn I saw some for s9s but maybe they were all control boards. There's certainly none now.
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Electroneum was the first crypto I was going to attempt mining, but it didn't work out (was using the Mac Direct Miner, but my computer speed was not enough to handle it). I guess I will stick to regular investing (might give a try to their mining simulation once it launches).
try xmr stacker, works well on lower end hardware, uses gpus(s) plus chip cores.
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Did you look at the bottom of the page at the other boards for sale? Did you look at the sellers other items? Look I don't care what you do, but they are there, they are for sale, they are reasonably priced. I'm just trying to help man, like I said, I don't care what you do. Pay the same, ship your miners, lose mining time, it's ok, it's not me. Nooby noobs lack experience, but they are also unburdened by preconceptions. I hope you get your miners fixed the best way for you, I really do.
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mining on the dip = buying on the dip. Mine and hold. Prices won't stay down for long. They never do. Wait to sell at the new higher prices, maybe a week or two at the most.
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I don't think the profitability counter graph is accounting for HODL. I think if you are counting on cashing out for a revenue stream, then yes, it's reflective, and that's what a lot of the bigger miners are doing, because they have such large investment. Or a little guy with a few machines trying to make a little extra. I'm getting s9's to mine and hold. Buying 10k btc is a one way dead end street. Spend 10k on 2-3 s9's, put them in a spare room, pay the electric from my regular job, and in a couple years, let's see what btc price is. Years later when I calculate my profit I'll ignore my electric costs to make my profit look better to me
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If you're not looking to cash out every day, you can mine the coins of your choice, get paid out in those coins, and wait for a price increase, then sell. Then your 20$ day can turn 50. ex - mine 1k etn @.08 usd, wait 2 weeks, 1 etn = .16 usd, chaching a little.
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So I have a miner pointed at nh, and I was planning on using the same adress for my new machine also, because otherwise they don't pay out often enough, and I don't trust sending it to thier online wallet. I'm getting it straight to btc core wallet. Minimum payout is .1 for external wallets. Then I move it to a cold wallet. Are you saying this is not a good way to go? Also, I know it's a little OT, but if I have the core wallet running, open to connections, usually 8 active.... am I running a node? Or do I have to do something else? I couldn't find the answer, I did look. Thanks.
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