i don't think anything about this is effective or even efficient. this sounds more like a joke to me than being something that actually happens in the real world! and besides some of these things will overheat and die if you insert a mining chip inside them or you'll have to add additional cooling system just to cool down the chip.

and it is "cease" to amaze not "seize" as far as my English tells me

first you need to make up your mind, it is either a bubble or a growth. it can not be both and it is pretty obvious which one it is. there is nothing "philosophical" about it!

that is the biggest mistake that people make and it is what keeps altcoin market mostly alive. people hope for a 2009 bitcoin to be repeated in an altcoin but they fail to use their brains!

the reason why bitcoin is rising is because it offers something useful. and because of that, the demand for it grows and with it the price rises too. sometimes it enters bubbles which are not as big as you think, they are small and they correct right after they are formed.

don't hold your breath.
if you want profit then just look for the altcoins that are getting hyped and then pumped. invest in them before or in the start of their pumps and get out of them just as fast.

currently multiple of your "HODL" coins are performing terribly and it has been like this for at least 4 months for each of them. and looking at each of their charts you can clearly see these coins like XRP have the same pattern of getting pumped and staying up 1 months and then slowly creeping down towards their bottom and lower than that.

i am sorry to say this but you have bought a big ice cube and now you are watching it melt, shrinking each day.

one of the main reasons for ethereum popularity was the mining and how profitable it was when they pumped it to the moon. a lot of people got rich from it out of nowhere.
when they kill miners, they will leave a lot of people very angry who will dump the coin.

and on top of that, changing to PoS is a tactic that the ethereum foundation is performing to earn more free money easily without doing anything. that was always their plan. everyone knows they hold the most amount of ethereum and they have it because of the premine!

it is like this for everyone!
it is the large number of unconfirmed transactions that are currently waiting to be confirmed.

and your transaction is already confirmed! it had a decent but still lower than most transactions fee.

a few weeks ago the mempool was empty, there was barely enough transactions to fill one block and blocks were being mined normally and on time.
now there was a period of delay in finding blocks and then there was a big surge in transactions, probably even some spam attacks in there too.

when you invest a large amount of money ($4300) you will earn and lose a large amount of money too.
10% profit on 1BTC is 0.1BTC=$430 --------> 1.1BTC
10% loss on 1 BTC is also 0.1BTC=$430 ----> 0.9BTC

and we all know that in trading, specially in altcoins a 10% swing is the normal way of the market.
so make sure if you are comfortable with these numbers and even bigger like losing 50% and ending up with 0.5BTC in the end, then if you are comfortable with it, start with that amount.

of course it also depends on the coin you are investing in too.
for example when bitcoin fell down to $1800 a while ago because of Aug 1st FUD, it was a very good idea to invest all your money in it because it was the absolute bottom and there were only rise ahead.

in order to "blow off" as the next big thing, that thing has to be offering at least something half interesting or half useful. the issue here is that ripple offers nothing, it is not even considered a cryptocurrency nor decentralized by many! not to mention its weirdly huge supply which is forcing it in the same direction of coins such as Doge went.

and i find it funny that OP is saying "ripple has being doing well" while ripple has been losing its price and going lower and lower each week for the past couple of months.

let me put it this way:
when bitcoin started having issues such as higher fees and spam attacks, it opened up room for altcoins to get pumped big time. we saw this year how they were pumped. i mean literary every single altcoin, even those that were dead and worth half a satoshi were pumped. and these issues are not going anywhere for some more time so that room is still open for pumping altcoins and that is how BCH will survive and rise.

in short if you have been enjoying the altcoin pumps so far, you will also enjoy BCH pump the same way. if you were losing money because you didn't know what the hell is going on, then you better stay away from BCH.

this is the problem with newcomers and altcoin. you always fall for what the internet tells you or usually get emotional when it comes to altcoins.

if you want to make profit you only need to follow one advice:
... buy when the prices are low, usually after a huge dump or after a long time of low price and accumulation phase which indicates a future pump
... sell when the prices went up high, usually after a huge pump or after a considerable amount of rise when the rise slows down.

what you shouldn't do is
... buying after the pump into the bubble (like what you did)
... selling way too late when your losses became huge (like what you did) you should have dumped as soon as the drop began.

and remember the only coin worth holding is bitcoin, the rest of them don't have much of a future.

possibly because they are rejecting certain kind of transactions. like transactions that have fees below 300 satoshi/byte for example.

there are actually multiple topics talking about it today: https://bitcointalk.org/index.php?topic=2118225.0

it depends on the coin a lot.
some of the altcoins that i invest in and get pumped, will not last high more than a day tops. that means i will choose the highest price after some hours or at the end of the day to dump what i have bought earlier.

but some altcoins are bigger and get pumped harder and longer. those you can hold on to for more than a day and then dump after the pump slowed down.

generally speaking you start thinking about selling when the rise aka that pump slows down. it is the signal showing you that pumpers are running out of fuel and the market is losing interest and there won't be any more buys.

most of the times these "anticipations" about market crashes, financial doomsdays,... are bullshit. people always expect them to happen and most of the times they never happen (i say most because even a broken clock is correct twice a day).

and no they won't affect altcoin market one bit. the alts will always remain the same old pump an dump thing.
but it may affect bitcoin market as it may be seen as a safe haven if such crashes happen.

bitcoin current supply: 16.5 million
Dogecoin current supply: 110,700.3 million

bitcoin total supply: 21 million
Dogecoin total supply: no cap or infinity

bitcoin purpose: to be a peer to peer digital cash
Dogecoin purpose: be a joke

bitcoin real world usage: a currency adopted by hundreds of thousands of merchants
Dogecoin real world usage: nothing apart from some tipping, some fun images of dogs and some random websites created to be fun and sell some stuff.

if you want an easy way with little hassle and headache then install bitcoin cash wallets (specially electron cash) on another computer.
this another computer doesn't really have to be another physical computer though. you can download something like VirtualBox and have a virtual machine there or even run a full operating system from a DVD (Ubuntu for example)

it is the effect of bitcoin cash, this time it was the cause of rising fees in bitcoin!
BCH presented miners with a golden opportunity to make a large amount of profit but only for a short period of time. surely like any logical person with a business would do, they took that opportunity.
that opportunity was the artificially low difficulty which made mining it easier. and them switching temporarily to BCH mining left bitcoin with lower hashrate and longer blocks and increased the number of unconfirmed transactions and as a result increased the fees.

suffice it to say that things are coming back to normal now that BCH is less profitable to mine and will soon turn into a "lose money if you mine" kind of thing.

you know what, just invest something in bitcoin. even a small amount like a hundred bucks. i promise you that you won't regret it. heck if you bought bitcoin back in 2015 (nearly 2 years ago) you could have had 0.5 bitcoin for a hundred bucks.

and you know what in a couple of years (probably another 2 years) i will repeat the same speech to someone else saying buy a hundred bucks worth of bitcoin, you could have bought 0.025 bitcoin back then and now you can buy 0.005 bitcoin with it.

i took a quick look at it and i couldn't find anything remotely interesting about this project.
would you mind tell us why you are finding this "seriously promising"?


it is not a strange thing for some these ICO coins to pay someone to put together a quick whitepaper for them. it is all about productivity with some of them and wasting least amount of time themselves.

why do an ICO in the first place? this method is fundamentally broken to begin with. there is zero point in running an ICO, it proves that a project is almost certainly useless and the dev wants as much money he can get in the start because he knows there is no future for what he is creating. otherwise he would have bought some coins in the start or mined some or whatever.

and what you ask only proves that you want more gullible people to buy ICOs. otherwise the average Joe (or older people as you said) either don't know what the hell cryptocurrencies and ICOs and all that are or if they know it already, they have some coins too.

in any case if you read the Paypal ToS it is against it to use Paypal for digital stuff like altcoins.

i don't know anyone who doesn't like money, and i certainly don't know anyone who doesn't like easily earned money. and an ICO is like a free money for the developers. of course there are lots of them, it is the new age of gullibility and everyone wants a piece of the action.

if you want nonICO cryptocurrencies then stick to the good old altcoins instead.