In the case of ETHERIUM...
Yes, it is true, I can technically "interact" with ETHERIUM
What is ETHERIUM? Did you mean Ethereum. |
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Now, getting to you question. If you can't afford the electricity or are trying to get your ROI on your GPU, then you should probably sell at least some of it. If not, then the best choice would probably be to follow your own intuition. I personally am holding what I am mining now but sold the first few hundred. Welcome to the forum by the way.
Profitable mining turns miners into P&D pumpers. Get rid of profitable mining and much of the P&D noise will disappear. |
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I paid $500 for net.cash but I will no longer use it. I am selling for best offer (even if lower than what I paid). Post your offer here or send me a PM.
Other domains I have for sale, which you can make an offer (even a bulk offer) or request to be included in your offer for net.cash:
ꙭ.net
⡵bits.ws
ḅit.net
ƀit.net
ƀits.net
ḅits.net
ƀitscoin.net
asiachat.me
asianchat.me
bitcod.es
bitcode.us
bitcodes.biz
bitcodes.us
bitcodes.click
bitcodes.me
bitcodes.org
bitoken.net
bits.cool
bitsca.sh
bitscash.biz
bitscash.net
bitscash.us
bitscoin.biz
bitscoin.org
bitscoin.us
bitz.cash
bitzcash.net
blocsync.net
blocsync.space
cha-ching.click
chan.cash
ching.cash
clic.cash
clicha.in (have many clichain.* and clickchain.* domains if you want them)
clickcod.es
clickcode.biz
clickcode.cash
clickcode.click
clickcode.me
clickcode.us
clickcodes.biz
clickcodes.cash
clickcodes.click
clickcodes.co
clickcodes.me
clickcodes.net
clickcodes.org
clickcodes.us
clickz.cash
clickz.click
clickz.site
clickz.space
clickzit.net
clicode.biz
clicode.click
clicode.co
clicode.me
clicode.net
clicode.org
clicode.us
clix.cash
clix.space
coolbits.biz
coolbits.co
coolbits.us
coolcash.biz
coolcash.co
coolcash.us
digicash.cc
digicash.click
digicash.im
dotcash.biz
dotcash.co
dotcash.us
funbits.biz
funbits.cash
funbits.co
funbits.me
funbits.org
funbits.us
godigicash.com
gonetcash.com
goucash.com
inerti.us
inertia.social
inertias.net
i-on.me
i-on.space
ka-ching.cash
lov.world
masscoin.com
metarial.net
mobicash.me
mojo.money
moola.click
netbits.biz
netbits.cash
netbits.me
netbits.click
netcash.cash
netcash.cc
netcash.click
netcash.im
netcash.io
netcash.me
netcha.in
netchain.biz
netchain.co
netchain.us
netcode.biz
netcode.cash
netcode.run
netcodes.biz
netcodes.cash
netcodes.co
netcodes.me
netcodes.org
netcodes.us
netgold.biz
netgold.me
netkeys.biz
netkeys.co
netkeys.click
netkeys.me
netkeys.us
netoken.net
shaazam.net
shazam.cash
ucash.biz
ucash.click
ucash.us
vibe.pw
vibes.cash
vibes.click
vibz.biz
vibz.us
vibescash.com
virtuals.cash
virtuals.space
vorte.ch
vybes.us
webkeys.me
webkeys.org
yoobit.biz
yoobit.cash
yoobit.co
yoobit.net
yoobit.us
yoobits.biz
yoobits.cash
yoobits.co
yoobits.net
yoobits.us
youbit.biz
youbit.us
youbits.biz
youbits.co
youbits.info
youbits.us
zing.network
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TPTB will shut down this joke of a coin network in one hour if they think Bitcoin a threat.
TPTB created Bitcoin. Have you not seen what Larry Summers is up to: They won't kill their masterplan to undermine existing financial systems with Bitcoin to drive the world towards eliminating physical cash. |
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TPTB will shut down this joke of a coin network in one hour if they think Bitcoin a threat.
TPTB created Bitcoin. Have you not seen what Larry Summers is up to: They won't kill their masterplan to undermine existing financial systems with Bitcoin to drive the world towards eliminating physical cash so that all transactions can be tracked by the world government. |
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As of the past hours, ETH is breaking down through its uptrend line from the start of the P&D for the first time, if it doesn't bounce from $10 upwards (breaking through $10 will be the confirmation it has broken down). It had teased that it was about to do this several times, but now finally it is doing it.
Look out below...
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Users could gain any crypto-currency by working and being paid in that crypto-currency. Please make it clear that you are referring to a cyrpto-currency which is targeted to investors (speculators) who thus have no way to obtain coins except to buy them in an ICO The value of currency is denominated entirely by network effect. If only one person owns it, the value is zero. If only two or two hundred people own it, the value is still only slightly above zero. Given the fact that for the value to increase, it requires millions of participants to willingly submit to an extortion scheme, the whole thing becomes a joke. You are repeating what I already wrote. If the tokens are widely distributed, it doesn't matter if there is ongoing debasement. You are talking about the initial distribution. That is why I said don't conflate unprofitable mining, because that is orthogonal to your point. If you don't understand, you will need to wait for my white paper, because I don't have time to go back and forth with you on this right now. You didn't define your example well enough for me to comment. When you say "users gain crypto-currency by working", you could mean almost anything, including strange proof of economic activity systems like in NEM
I mean literally doing work that humans normally do and getting paid in tokens instead of fiat. |
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IOTA shares a similar fate. With unprofitable mining and no block rewards, you just issue the coin supply yourself, effortlessly create a monopoly out of thin air, attempt to pump the price, and now if anyone requires IOTA for some particular reason, you now get to extort them. In this regard, IOTA is also a permissioned ledger because there's no entry point into the system besides the extortioners.
In PoW, the coins are constantly being recycled by transaction fees acting as mining reward, meaning there is always a permissionless entry point.
r0ach your analysis is incomplete. Users could gain any crypto-currency by working and being paid in that crypto-currency. Please make it clear that you are referring to a cyrpto-currency which is targeted to investors (speculators) who thus have no way to obtain coins except to buy them in an ICO, because there are no coins created to pay miners and there are no transaction fees (except if IOTA ends up requiring centralization to enforce the Monte-Carlo algorithm as I allege, in which case those centralized servers could demand fees). Again if the goal was to distribute the coin to the users and not to speculators, the unprofitable mining would not necessarily be a hindrance. And if those users then sold their coins to speculators on exchanges, then there is not a problem. Your problem with IOTA is its distribution scheme is ICO, not whether the mining is unprofitable. Please don't conflate orthogonal issues. This is important, becuse otherwise you will misunderstand my coin's design and make a mistake that will cost you a lost opportunity. |
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SE Asians are not going to be interested in a SE Asian crypto currency.
One of the important features of a crypto currency, is that it cross borders and is global.
The gimmicks you pumpers come up with to P&D shitcoins on n00bs.
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And for what it's worth, I'm certainly not discounting your belief that the bottom may well drop out of the alt market. It very well might happen. From a post I wrote earlier today: On December 24th, 2015, coinmarketcap showed a BTC market cap of $6.8 billion. On the 21st, total cap was 7.159 billion and on the 28th it was 7.063 billion. So if you take out BTC, you had a total alt market cap somewhere in the range of $300,000,000.
Right now, total cap is $8.062 billion. BTC is actually down from $6.8 billion to $6.4 billion. Alt market cap has gone from $300,000,000 to $1,600,000,000 in roughly three months.
So if you've made some money in the last three months, it doesn't mean you're picking winners with any proficiency. It just means you are swimming in the right pond. But there is no guarantee that will continue to be the case. Total market cap for alts has grown 5x. Of that, probably half is just Ethereum. You can decide for yourself, but think about what that pond looks like over the NEXT 6 months. And think about the implications if the total alt cap goes back to something like $800,000,000.
Just for the sake of comparison, think about a company like Kellogg. Good company, lots of history, well-known, but it's nothing like Apple, IBM, GE, Alphabet. Kellogg has a total market cap of almost $27 billion. It's more than 3x all cryptos, and more than 15x alts. It's also about 90x the market cap of EVERYTHING other than BTC in the crypto-universe as of three months ago. This is a small, relatively illiquid slice of a small market. Anything can happen. It's small enough to be subject to manipulation, certainly. Speculators took profits on gains from the $150 - $250 level as BTC stalled around $450. They've deployed those gains in altcoins for as long as the altcoins can maintain that momentum. However, we must factor in that altcoins (unlike BTC) may be significantly bid up by insiders who control significant portion of the float, buying from themselves. So this would mean the altcoin rise most assuredly a bubble that will collapse. It is just a question of when. If the halving means less selling pressure on BTC, that could very well be the impetus to pin prick the altcoins. This is probably anticipated, so the pin prick may begin well before the August timeframe of the halving. However, there is another wildcard, which is gold has peaked (or will peak at most $1309) and begin its crash to < $850 within the next month or so. This could pull money out of the cryptocurrency sector and the first to be sold would probably the alts because they have gained the most and there is an expectation of a pin prick coming for them. Monero's chart is the only one I've seen that appears it can't make lower lows any more as denominated in BTC. It can decline but will retain its bullish trajectory as denominated in BTC. |
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[...] This was a similar argument made by the IETF group working on the Websocket framing protocol when I argued they should make the framing orthogonal to the data layer. I quit because they were not going to change their mind and I presume they did not adopt my proposal.
I think it is not a valid argument because many implementations may not correctly implement the more obtuse seeking without an index. Thus we get the worst of both worlds. I just don't buy this notion that we should dumb down and make inferior standards, because people are lazy to write and test software properly. Geez did Vint Cerf follow that theology when he design TCP/IP? Did we conflate all the network layers and collapse them into one layer because the OSI model is complex. Hell no! The End-to-End Principle is fundamental! |
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... but I display sometimes genius level insights
[...]
VB's body and hand/body language looks like he has no testosterone
Example of the first and why the masculinity matters for being a genius: https://bitcointalk.org/index.php?topic=1409663.msg14308301#msg14308301That betamales are misidentifying genius with a female body language says heaps about the brain damage feminism has done to the Western young men. |
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Of course media outlets always claim they don't sell their journalism, but of course that is bullshit. But buying advertising makes things happen. This is an unwritten understanding.
One can imagine a scenario where the insiders of CoinDesk were maybe secretly given some ETH before the pump started.
One can also imagine a scenario where the insiders of Ethereum have their fingers in many pies. Remember Peter Thiel awarded a $100,000 grant to Vitalik.
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Do you have any idea what is their motivation for not covering Monero?
It makes sense they are likely being paid to pump technobabble such as ETH. I think they would be most motivated to pump those who kick back with advertising expenditure. In my past experience, this is the way mass media works. I bought advertising, my product got reviewed. Always follow the money trail when searching for explanation. Mass media is a business. In the crypto-currency arena, this works most profitably by pumping unicorns that have no viability whatsoever so as to siphon $millions of n00bs' lunch money back through the insiders to those in the media who don't bother to investigate if they claimed technobabble has been peer reviewed. |
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TPTB needs publicity, not VB
Illogical. I need publicity within the crypto currency arena, like I need a hole in my head (and I already have one of those). The only way my project will succeed is by NOT mentioning there is any plan B to involve a crypto currency to the initial target audience. My project is not primarily about crypto currency. Rather it is about trying to make a unicorn startup in the social networking realm. VB needs publicity within the crypto currency arena in order to sustain a steady supply of greater fools to buy ETH. VB is wise not to debate me because he will lose the debate so resoundingly that the entire Ethereum project will be humiliated. In a verbal debate, it won't even be close. It would show just how far from a genius he is and that I am closer to one (although I am not a polymath genius ... but I display sometimes genius level insights yet in another areas I am just slightly above average). (The reason I claim I am closer to one, is my accomplishments are rarer than Vitalik's. By his age, I had already accomplished what is in today's demographics a million-user adopted software product BEFORE the internet and with only 1 other programmer, and then I duplicated that feat again for the internet in my early 30s as the only programmer on the project. But I have not duplicated it since then. Also because I was very precocious as a toddler and entertained adults in conversations. However, I think my growth was stunted by both inadequate nutrition when my parents divorced when I was 5, emotional trauma, and being moved around to a new inner New Orleans and Baton Rouge city public school every year wherein I learned to make spit balls. I ate a lot of peanut butter and crackers, or just crackers growing up and even was locked outside of the house in the afternoon when arriving home from school because my mother was at work. I became expert at breaking into the house. Also I was born with jaundice and my sister was born premature, so apparently my mother was not talking best care of her health. Perhaps marijuana use, drinking, or just improper nutritution.)The only reason I would be motivated to debate VB is if it will be verbal where he can't run and hide in real-time; and because I would love to humiliate and expose a charlatan. Because that is just my nature. I have a passion about exposing fraudulent people. I like to get them to look in the mirror. I would love to see how he would react when cornered. I guess it is an alphamale thing wanting to out a betamale and kick him out of the alphamale category in the eyes of the n00bs because he has not earned the respect he is receiving from other betamales. In other words, he has not earned my respect and the opposite he has earned my ire for promulgating BS. It is the role of the silverbacks to not allow weaker males to destroy the tribe by allowing them a greater role than they can earn. In short, I am a very competitive person. VB's body and hand/body language looks like he has no testosterone and he promulgates technobabble nonsense. I enjoyed some of his blog posts, but where he lost my respect was by fitting reality to the goal, rather than vice versa. Frankly though, I don't really have time for the distraction (disruption) of preparing for a verbal debate. So it is much better for me and my project if VB ignores me. I have more rushed matters to attend to. Also there is the complication of my variable illness, which means I might be having CFS right at the scheduled time of the debate and unable to muster my full mental facilities. So this is risky for me. Also such a debate would be most informational if it included Vlad and perhaps Greg Meredith, and on the other side with me if it included some more mathematical antagonists to fill in for me wherein those Ethereum math nerds might try to use some statement that would be outside my knowledge set. Vitalik isn't a genius. I can already see that clearly. To be a qualified genius, you have to prove your rarity by your accomplishments. We cant know yet if hes a genius or not,hes still young,but its obvious hes smart. Actually those of us with experience in this software industry can make this determination already. There are millions of very smart people. That is not rare enough to be a genius. VB has a sometimes interesting perspective and insight on particular technical issues. And he brings a mathematical mind to it. But afaics he nearly always bends reality. I think it may originate from being raised by very wealthy parents in a very spoiled environment where he was (in his own words) encouraged by his father who "always has crazy ideas". One of the blogs for which Vitalik is most cited is: Proof of Stake: How I Learned to Love Weak SubjectivityAlthough the idea [proof-of-stake] has many undeniable benefits, including efficiency, a larger security margin and future-proof immunity to hardware centralization concerns, Here is an example wherein he has not even bothered to consult with other experts outside his circle jerk team, because he would then have learned that PoShit has weaker security margins and (from smooth) without complete centralization even the game theory of "nothing at stake" resolves to a proof-of-work computational search for the optimal strategy, thus also becomes a hardware centralization driven paradigm. The purpose of a consensus algorithm, in general, is to allow for the secure updating of a state according to some specific state transition rules, where the right to perform the state transitions is distributed among some economic set. This sentence has a confused thought process that is not indicative a genius mind, because the right to perform state transitions only rests with the holder of the private keys not with the economic set that decides the consensus! Logic fail! I understand what he wanted to write. Let me correct it for him, "The purpose of a decentralized consensus algorithm for a block chain, in general, is to always converge to a majority agreement on the updates of the block chain state which must obey protocol state transition rules, wherein the right to participate in this said algorithm is permissionlessly distributed among some economic set.". I could go on and on and even point out where he had some interesting insights but continued to display errors that indicate he is not a genius... |
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