Hahahahahahaha.
Do you have any idea how many times speculators wanted to kill Bitcoin so far? At least dozen.
Let me tell you one thing, you cannot kill $20 billion industry. Not anymore.
Really? Is that so?    he is right, you can't kill a 20B decentralized indistry, don't compare it to various business that were worth more but went bankrupt, centralized business are more prone to fall for obvious reason if miners decide to be an hasshole and disrupt bitcoin, dev core team have already put into account the possibility of changing the algo, and i like this idea if they changed the algo since the beginning continuously, to not allow asic, we would sit on a more decentralized nethash, that was a mistake in my view There's no such thing as "too big to fail" or we would all be living in the Roman Empire. I don't actually think bitcoin will fail outright. It's more likely to be co-opted into something else. Big business and greed have an amazing power to mutate even the most resilient products and concepts into something unrecognizable to the original architect. History is full of examples. well i didn't said anything about being big and fail on my post, i just said that since bitcoin is decentralized it will not fall, because there will be always supporters around the world, not comparable with centralized entity you can't kill bitcoin, if the value is destroyed to an irrecoverable point, you just begin from zero, you can always start again, that's the beauty of it it's selfsustaining |
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Probably not, but if you have an investment size of >$50k you might be able to for less time than that as long as you have a backup plan (a secondary job or skills that could warrant one).
You need to understand that every 4 years block rewards will be cut in half, which will result in your profits being more and more reliant on transaction fees which will vary depending on various factors related to the network.
However, you mention that you have free electricity on another of your posts, and that's a good start.
thank you bro for replay i do have free electricty  i hire that the more difficlty mining is the more bitcoin price go up so bro what do you think ? i know there is only 25m btc can be generate , so after that what miners will do ? they are 21M actually not 25M, they earn transaction fee which are currntly giving around 200 btc daily additionally to the block reward in theory you could live out of mining with cheap electricity, and by selling your miner at the correct time to by new the new generation one but it's risky because it require a huge capital, and because the competition is fierce already,which mean that you need to add miners just to stay competitive and earn the same so brother the mining can never end even after the 21m btc generate ? it depend, if the fee are not enough to sustain the mining activity it could end way before the reward end, the reward will be very minimal in two more halving already otherwise yes will never end, it depend enterely on the value of bitcoin and the adoption that there will be in the future |
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nothing will change for miners, if the fork happen you will do the same profit as before, perhpas you can lose a bit when the fork happen due to the hashrate cut and thus the diff retarget would need to catch it, to allow for the same profit as before
it would be like mining with half the net that have the same diff as now, i would just keep mining and support the chain you find more worthy
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unfortunately not, i don't invest in asic coin even less in pure pos, still dreaming about the pump on lbry...
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is the wallet bugged, it saying 3 transactions but only two are displayed
amph ... there are times where you solve / hit a block that has NO awards ( coins ) in it - and its those blocks that are not registered from what i can see from the ready compiled qt wallet ... what would have been good - is to show that there is a block that was solved / hit - and zero rewards ... but it doesnt look like that happens ... #crysx what the purpose of those blocks without reward besides wasting electricity...? Can you type "listtransactions" in wallet->help->debug window->console? Probably orphaned block. yes this make more sense to me, in fact it's an orphan block when you said it was NOT showing in the transaction list - thats usually why ... an orphan block DOES show in the transaction list ... or did i misinterpret what you said? ... that is always what happens when im too tired and work too long hours during the day and night - so apologies if that is the case - and i misunderstood ... but glad you figured out what was wrong eitherway amph / majoh ... #crysx it show under "numbers of transaction" but not in the transaction tab, that what i mean |
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Nice pump and dump
the gpu miner are dumping this, a gpu rig can make like 0.1+ with this coin if not more, per day, the price will soon reach 1000 satoshi and below How many coins are being mined each day? 480 x 25 = 12000, daily emission 0.48 btc, net hash 50MH, a gpu rig 10MH at least probably more, just do the math |
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funny thing is that chinese have a big farm in gpu territory too....
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so no bitsend mod sp? i'm waiting for it the diff look still affordable
Tonight.. nethash is 50 mega now, amd gpu are mining and dumping... if a rig can do 20 mg(3.x x 6) they are earning like 0.24 a day, that is insane |
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Nice pump and dump
the gpu miner are dumping this, a gpu rig can make like 0.1+ with this coin if not more, per day, the price will soon reach 1000 satoshi and below |
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so no bitsend mod sp? i'm waiting for it the diff look still affordable
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if someone want i'm selling, pm me
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since there is no availability for this, it can be good to consider selling them for more than the original price, like 5 btc, i was thinking about this possibility after all they are making nearly 0.03 per day...
i have gone ahead and made my 4 giants available for purchase at about 5 btc, 2 are already reserved. thanks 5btc for the 2 remainders? if so send me a pm. to not create any confusion as my inbox is getting spammed  5btc each also im located in germany and im only shipping inside germany (and maybe some neighbors) now back on topic  Is the United States close enough to being a neighbor for you?  one customer handles shipping to the usa on his own via his company, but unfortunately all miners are sold already didnt expect it to work out that fast, it only took about 1hr for all miners to be sold where on ebay you are selling them? |
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Reason why these coins are cheaper to buy then solo mine is due to the dual miner out for it. For most its like "free money" so even though its unprofitable to mine they do it anyways since it doesn't slow down their ETH speed.
Good thing about this is that it keeps the hashrate high and network secure. Especially since the hashrate is starting to get evenly distributed between the 2 pools.
yeah that killed the coins, maybe it was good to have a harder parameters on somethign on the algo, to change it a bit, to not allow dual mining from clymore |
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Another problem is the 21Million BTC limit...
BTC idea was to be everybody's digital currency.
But 21M limit is Elite only.
8 decimal places limit is another problem,
8 decimals would be enough, if there was no 21M Limit.
There is a conflict.
Great idea, but was not implemented properly...
Why 21? People live ~100 years...
21 does not make sense.
What could happen if there is Unlimited BTC ?
that was another mistake.... real gold is still being digged from the ground 1000 years later..., scrapped from old computers and cell phones...
The 21 BTC limit is wrong, it should be 21 years...
That would motivate to invest harder.
The limit should not be in quantity, should be in time...
We don't know how much gold is left on earth... we can guess, speculate, if gold price is falling, means the reserves are much more.
i think you are trolling, but in case you don't know there is a valid reason for the 21, it's not a random number in the way the reward was set, with an halving every 4 years, starting from 50 coins per block, it make sense to have as a result that number of bitcoin, the 21M figure is a derivate from the halving block time frame i'm sure satoshi thought at first about the halving and then by doing the math(summing all the coins generated every years) he ended with 21M total coins, in fact it's actually a bit less than 21M and this prove the point, that the "21M" was just a result |
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Hahahahahahaha.
Do you have any idea how many times speculators wanted to kill Bitcoin so far? At least dozen.
Let me tell you one thing, you cannot kill $20 billion industry. Not anymore.
Really? Is that so? he is right, you can't kill a 20B decentralized indistry, don't compare it to various business that were worth more but went bankrupt, centralized business are more prone to fall for obvious reason if miners decide to be an hasshole and disrupt bitcoin, dev core team have already put into account the possibility of changing the algo, and i like this idea if they changed the algo since the beginning continuously, to not allow asic, we would sit on a more decentralized nethash, that was a mistake in my view |
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the chance are slim, 51% is not enough, but i noticed that while BU increase two points percentage, segwit also did so and increase 1-2 points, was 25-26% before this seems a nice website with a recap about mined block distribution http://xtnodes.com/ |
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i'm really curious to see how much longer this deadlock can drag on for. sometimes it feels infinite, other times i'm thinking 'come on, something's gotta give soon'. i'm seesawing constantly.
they are doing it on purpose to cause havoc and instigate people to panic sell, it's all about getting many cheap coins as possible, i've learned it many times already, bitcoin market is manipulated in one way or another but i'll keep my coins regardless, bitcoin will not die because of an hard fork, there were worst case in the past with bug and exploit, and bitcoin coem always victorious
- Big whales already sold off a lot of coins
proof of this? all i see is a retreat to around $1000 which was the value before th alast pump, there is not any sell of from whales, there is no reason to sell, only newbie sell because of FUD not whales |
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I've burnt two cards in the past Which cards did you do that to? I haven't seen any modern cards that haven't come with some kind of automatic thermal shutdown. Even if you're massively overclocked and overvolted a card, under no circumstances should it explode. Did you bring that up with the manufacturer? thanks X11 miner 450M PinIdea Dr2 what is it? its a cheap and making more Than the miner s9 that is an x11 asic can mine dash coin and generate for you 0.015 per day while consuming 335 watt, the cost is the same as one anminer s9 but the revenue is higher still bears in mind that altcoin are very unstable and while now dash is very high in value, this maybe will not be true in the future, while an s9 revenue is more stable due to bitcoin having a bigger and more solid marketcap |
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I dont get it.
I have read so much yet I cant still understand.
They say it is an altcoin but alts should have a price right?
Some say it is part of bitcoin, if that is the case then there should not be a price for this or else they will be a competitor.
If they will get their profits through bitcoin only then I can't say they are an alt but more like an option to transact.
Which is it really? Can someone make it clear?
miners decide if the majority move to the other chain there will be a split otherwise not, this majority is 75% the problem is that even if BU win with 75% of consensus, it will still be listed as an altcoin, exchange say so, this mean thta people will have both chain operative, and double the amount of coins one for BU and one for core, basically the split will occur because we want to preserve core, this is how i understood it |
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You could do what I did. Sell every coin you have and wait until the community gets their heads out of their asses then buy them back later, maybe.
it doesn't make sense to sell, in no case you will lose your coins, at best they get more value because out of both chain, BU itself is not going to destroy bitcoin, only moron panic dump will therefore there is nothing to do for the average joe that want to be safe with his bitcoin, and the exchange were clear about listing BU as an altcoin, this is another point in favor of doing nothing |
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