I also started mining slowly this, although I am very curious where will the price go... For now there are so few buyers and sellers the market is pure manipulation. BTW, I liked this from the OP "Use at your own risk!" near the exchanges On one hand I wouldn't put any money into this right now. On the other hand I'd mine the hell out of it and not sell at this time.
Mining means you at least pay for electricity, so you put some money into it anyway Right now the price and the future are so unpredictable, any option you chose is pretty good.
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Thank you.party was a lot of fun. I am sore and tired this morning. thats the joy of being 59 vs 19 body takes two or three times longer to feel good from a hard day.
Hehe, I'm only 41 and I know what you are talking about. But as long as it was fun, it's ok. This set of threads was fun suchmoon came up with prize money idea and funded it for a year and change . I liked idea and funded it for 10 months.
I believe we gave away close to 3000 usd worth of btc. the lowest price btc was during our time span was about 180 the lowest diff was about 35
price was as high as 770 it is now 615 diff is 258
Very interesting stats. I didn't know it was this long. I expected it costed you quite some money. This was the opposite of most of things I've seen in this forum. While most of this forum sings about greediness, you and your threads were about being nice, informed, have a good time and maybe win some free money too. This is much closer to what I've seen in Dogecoin community when I came into the crypto world. And the name suchmoon sounds very much like Dogecoin related too I thank him too for the idea and for starting it up. Most of the thanks still go to you, Phil, since it was you who ran these threads when I started reading them. And you are the one that has paid from own pockets my prize too. Thank you.
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Just got home from a party a 200 mile round trip in rain from Mathew hurricane .
NJ to NY back To NJ.
TOO TIRED to do a send will send in the morning.
I hope you enjoyed the party, it sounds like quite a tiresome trip. Take your time, that money it's going into the "make me rich someday" wallet, so it's never in a hurry. I still have the "I can't believe it was me" smile
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O M G I've had a very busy day, actually the entire week was madness, me an my family have moved to a new home. And we are still moving stuff.....
It was my less active week and I was not expecting this, especially as the last time I checked the diff was rising...
Thank you very much. Wow.
An address... 1PaperxsxXxCrmEH8rGvaXctnrQur7cSQu please. Thank you very much Phil!
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+7.1 = NeuroticFish
Many thanks for these threads, it was a delight to read and play.
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Germany has publicly said that they won't bail out any bank. But if Deutsche Bank really looks to be collapsing, they will look at alternative means (other than bail out) to prevent its collapse.
What politicians say and what they actually do are two far too different things. If Deutsche Bank will fall, they'll bail it out. And now they try to help it to not get there. The reduction of fine may be the result of this.
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I am writing through Google translator. I want some new coins to mine, but the purse for Monera only for 64-bit Vindovs there, and I have 32 bits at a laptop. I can not understand what the video card needs to have at least 1 kilohsh was? Can an old motherboard for Pentium 4, buy a video card? There is an old system unit. How can you calculate the correct speed and power? https://www.whattomine.comOn your System CPU mining profitable You can use mymonero.com wallet. With your system I don't expect you to get too many monero anyway. With such an old CPU I don't think that you can mine at all. But yeah, don't just believe me, do your own research.
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Since your post is full of badly translated words, it's hard to understand everything you wanted to mean there. I will try to answer based on what I understood.
First you have to find out if the electricity is really cheap. The exact price per KW/H. From what I know a good price is 0.04$/KWH. If the price is much bigger, then stop. Game over.
Then you have to think what you want: SHA ASIC is for Bitcoin and a few worthless coins. SCRYPT ASIC is for quite a number of altcoins, most importand are Litecoin and Dogecoin. I am not sure if starting now to mine them is a great idea, their good days may be over (although something is happening with Litecoin, I don't know it it will affect the price or not). And then there are the other algorithms. For those you can use GPU. Most notable of them are ETH, XMR, maybe DASH too.
If you are good at computer hardware my advice is to start with GPU mining. Get a couple of GPUs and when you ROI, get more. Depending on what coins you want to mine, there are good and bad GPUs. There's a lot to read.
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So I was wondering if you could upload the avatar in some other host than imgur since it's blocked in my country so I can dll it? I might do it for free till spot opens or I find some campaign.
Try this, maybe it works. I share it via my dropbox. https://www.dropbox.com/s/47d418kv0yufvqv/5BhRqXo.png?dl=0
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I looked at the transaction and the value looks good 3,011.29 USD. If they were stolen from you, (ouch!) it means that you either come over a clone site via a phishing mail, either you have a trojan/keylogger on your computer.
From what I've seen the thief does a poor job to hide his track. He seem to collect those BTC now in 1NagJNsWGF2HG8LhJKTzfn8acNbiZff4A7
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Unfortunately for bitcoin it comes way too late. Companies, venture capital, banks are already switching to superior networks like eth and monero. Bitcoin is slowly dying a quiet death. Every day there are less and less people buying bitcoin and more selling. Even worse, every day there are less and less transactions on the network.
Ethereum and Monero are superior? The last time I looked both cryptocurrencies also have problems with scalability especially with Ethereum's case. Ethereum dapps will be subject to some sort of runtime errors because the sheer number of transactions will not be handled by the network. There is also the bloating of the blockchain. Ethereum is already 18GB large in just a couple of years being online. It has not even reached high transactions per block yet. With Monero how can they surpass Bitcoin? They are lacking a GUI and infrastructure needed to gain more users. The acceptance in the DNM is overrated and it is hype. Ethereum has a ton of problems, it would need a ton of work to fix them. I'm not sure it's superior to some shitcoins ... Monero is good and developing. But really? Banks and monero? Meaning to team up something that is about centralization, control and getting all the customer data they can with something that's about anonymity and freedom? The banks that have to comply the anti-money laundering laws and Monero where you don't know where the money came from? This would be one of the best jokes in history.
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It's visible on the blockchain yes . Should I wait for confirmations till It appears on the "My history" page or there is no need ? I assumed that It's not needed as there is a column named "Status (Confirmations)" so I'm not sure ...
It should show within minutes as unconfirmed (orange?). Then, much later, after one confirmation comes, it should be green and available. But quite a lot of time has passed, it should be by now green in https://poloniex.com/depositHistory
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First please check if your transaction is visible on the blockchain. Then, even if you did everything correct you have to wait. It may take a good couple of minutes until polo will see it. Then you have to wait for confirmation on blockchain. It takes some 20-30 min util you can use your BTC on Polo. I never had issues in the last 18 months.
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By the time the storage will be cheaper, imagine when 2mb of HDD was thousands of dollars last century so the storage will be cheaper but if not individuals then the servers will host 100TB
I remember how happy I was ~19 years ago when I bought myself a very good and big HDD. It had 1.2 GB! It was my little treasure. Now I have a couple of TB here and there and I don't even care much of them. And OP is crying about 100TB in 10 years from now? When technology evolves exponentially?
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Well there was some news that the "explosion" to $1000+ was caused by a bot that was artificially pushing the price up and above $1000+. I believe it will take the same kind of manipulation for Bitcoin to go above that price in a span of maybe 1 or 2 months. So everytime I see and read threads like these I just roll my eyes and consider it as hype or the poster only trying to hype. There is no crime in that but it is over done to the point that it does not make the people hopeful anymore. I prefer to hear the truth.
Market can react genuinely too, without bots. An explosion to 1000+ is possible if Bitcoin proves itself healthy and worthy. It's scarce enough to almost consider it under valuated. However possible, the chance for such explosion is slim. Segwit looks like a good step forward to a healthy Bitcoin where a spam attack will not make huge bottleneck in the network. And healthier Bitcoin means a growth in value too. Since the markets were not thrilled, I expect a slow rise. And one day that would mean 1000+. During the last 365 days the value already doubled (Even more then double: from 240-260 to around 600). It's a promising direction.
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ethereum is always an option as long as it has fallen down not when it is still in the bubble because they will always pump it for at least one more year until people give up on it.
and as for monero i have not given up on it, the rise has stopped and also slowed down but this can change so fast too.
Interesting view on ETH. Just there's always a chance to buy in the last pump before everybody is selling. I managed to sell once a dying coin in its last pump, I don't think I can get that lucky twice. But the reason I came back to this thread is to add one more coin to the list. A coin I never thought it could go back in such lists: Litecoin. There are tons of news lately about litecoin, I am not sure what's cookin' there, but LTC is very present in the news lately and I've seen even talks about adding anonymity into LTC. It could lead to an unexpected rise of LTC. I don't know if this will place Litecoin back into a great ranking or it's something else, more desperate. However, time will tell.
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The markets go by the same rule: Buy on the rumor, sell on the news. However, I didn't see anything big on the market in the last 2 days. There was a 8$ rise 3 days ago, 5$ fallback 1 day later and that's it. The market is not thrilled by this news and then I don't see how this could lead an "explosion" to 1000+.
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Can someone explain to me the value of buying a Hero or Full member account? Why so many forsale? Is it even legal?
It's clearly not nice. And if found, such accounts are usually marked with negative trust. But it's not actually illegal. The use? From scams (lending collateral, ICO or other business proposals) to signature campaigns (where the payout grows with the rank). For signature campaigns people usually buy accounts with potential high level, to save time. For scams the actual high levels make more sense, I think.
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If Poloniex goes down, people will migrate. Bittrex is a very good alternative, for example. Life goes on. I know that many hate the altcoins, maybe op too, but most will go unaffected. There could be a temporary fall in the price, but it'll be temporary. However, it's a much more volatile market so people should not be surprised.
But I really hope that Poloniex will not get hacked. I have some funds there too.
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Take a look at actual online wallets, such as blockchain.info for instance. Is that possible to create the same type of online website but that allows cold storage wallets creation ?
Yes, there are already services that claim to be doing it. Xapo's vault is one example. I don't like to tell others what to do with their money, but when creation of a paper wallet is so cheap and is so much safer, why would anyone believe online services' claim, instead of doing real cold, offline (paper) wallet? Normally even the exchanges should keep a big chunk of their assets in cold storage, since they don't need all the bitcoin (the trades are off chain). But the Bitfinex hack shows that this doesn't actually happen as we'd think.
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