|
It's good that the G20 doesn't feel they need to implement heavy regulations on crytocurrencies at this time. Wonder if that had anything to do with the little boost we had in the markets a couple of hours ago.
|
|
|
|
I don't understand the obsession with the mining profitability. So some miners will go offline and the hash rate will adjust. Is there something that I'm missing? Some way in which this is important that hasn't occurred to me?
The problem is that the hash rate rarely goes down for the more established coins. Due to economies of scale, the bigger and more efficient operations just get bigger. Nothing like a bear market to make mining even more centralized than it already is. |
|
|
|
Hire a prostitute to game with her titties barely not out, make bank.
I'm a gold star gay. That just would not work out for me. And no, chicks with dicks is something I find absolutely repulsive.  |
|
|
|
Capitulation on my part has set in. A couple of days ago I even gave up hobby mining with my GPU. Less than 15000 sats per day on my 1070 just didn't seem worth it. Maybe I'll take up gaming now.
No (altcoins) GPU mining profitable at current prices? When was the last time that happened? There may be some hidden gem out there, but from what I can tell, mining with a Nvidia 1070 just isn't worth it, for me. Especially if you take into consideration the accelerated wear and tear on your GPU. I'd need to mine for 2 years with the current conditions just to make up the cost of the GPU and the electricity. Naturally, the "current" conditions are not going to hold for 2 whole years. It is likely to deteriorate to the point where my GPU would fry before ever making up the cost. At least my one and only GPU is attached to a computer. All I need to do is get into gaming. However, the last time that I was really into gaming, Ms Pac-Man was a thing. |
|
|
|
|
Capitulation on my part has set in. A couple of days ago I even gave up hobby mining with my GPU. Less than 15000 sats per day on my 1070 just didn't seem worth it. Maybe I'll take up gaming now.
|
|
|
|
Could 7575 be the bottom?
 |
|
|
|
Just giving a 2x leverage short a try. We should be getting big green dildos, shortly.  Yea you're screwed buddy. I just put up a sell order. That means the price is about to moon. I'm too much of a chicken shit for this. Closed my position. Maybe another day. |
|
|
|
|
My wallet is stuck on block 94330. Should I attempt to delete everything but wallet.dat in my appdata folder to resync or wait?
|
|
|
|
Just giving a 2x leverage short a try. We should be getting big green dildos, shortly. |
|
|
|
I was going to HODL but when I saw this DEATH CROSS https://www.youtube.com/watch?v=qQARQRW1824&t=317sAnd the bear market that comes after... I figure I should go short full leverage. Anyone else planning to make a move based on this 50MA crossing below the 200MA? Did you actually watch the whole video? The other indicators indicate a good chance of a small rise in the near term according to this guy. Perhaps you should zoom out and wait until the death cross actually happens on the 1D rather than the 15 minute. I know it's not happening yet, but I'm just saying IF it happens. Maybe it's a good time to just short? I'd rather not of course. Just do it on lower leverage, if you must. The BTC market is so volatile that bears get REKT, even in a downtrend. Kraken lets you set the leverage as low as 2x. |
|
|
|
thats the spirit
market declines - go short - bitfinex pumps - get rekt
market increases - go long - bitfinex dumps - get rekt
Unfortunately, most of us are just the sardines.  https://www.youtube.com/watch?v=6zOarcL1BSc |
|
|
|
I can see 8000 where I will purchase another $100k Of BTC. What is your plans?
On top of buying drinks for the entire thread, I'll suck your dick if we see $8,000 USD/BTC this year. You can quote me on that. Saw this joke some time ago....Interesting - do you answer in your own words .. looks like bears are not so optimistic (March 15, 1btc / $ 7665.1 on bitfinex) Hope none of those bears shorted that bottom. The rise back up to $8600 could have been a real ball buster for a bear. 10X margin or above would have been liquidated if they decided to try and ride it out. |
|
|
|
I was going to HODL but when I saw this DEATH CROSS https://www.youtube.com/watch?v=qQARQRW1824&t=317sAnd the bear market that comes after... I figure I should go short full leverage. Anyone else planning to make a move based on this 50MA crossing below the 200MA? Did you actually watch the whole video? The other indicators indicate a good chance of a small rise in the near term according to this guy. Perhaps you should zoom out and wait until the death cross actually happens on the 1D rather than the 15 minute. |
|
|
|
bitcoin is in rekt!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
and take health coin with self.. dumb believe idiots are here!!!!!!!!!!!!!!!
Google translate is not your friend.  |
|
|
|
Looks to me like a completely centralised shitcoin. They(mos) even fucked up the generation algo.
Looks like a lot of hard work to me. I've still got loads left and I'm not a source. I'd be mortified and start cracking up under the strain if I had to get rid of several hundred per month. There aren't enough posts that arouse me. A little bird told me that many merit sources don't have to start out with hundreds. More like about 50 per month. That is very fortunate for them because wading through tons of shit just to find one diamond can grate on anyone's nerves. Also, from what I have been able to ascertain, Theymos will be reviewing the merit sources. Those who seem to be able to give out merit in both quantity and quality will be given more. |
|
|
|
Asking for a friend...
That's another form of the "royal" we.... hahahahaha Just note to all potential beggars.  |
|
|
|
Can't B'awb help you with that? not sure how that works.
OK. I Merited the OP with 2 points. One from me and one for d_eddie, and just shot d_eddie 4 Merits for... reasons. We all cool now ? Am I a fair and benevolent Merit Source ? Aren't merit sources supposed to operate on the down low? Asking for a friend... |
|
|
|
Wait wait I've got one. We should all be happy about this decline, it's just a chance to buy more cheaper!
This knife is going right through my grubby little hands though. Maybe just keep a stop order about 1000 dollars off the low? True you will miss the bottom by 1000 bucks but you wont buy at 8000 just to see it fall to 4000. Which low? The lowest BTC has been since I have been involved was about $170. I don't think you mean that low however; since setting a bid a 1000 below that would be impossible. Unless the exchanges make it possible to have people disposing of their BTC by paying someone to take them off their hands. |
|
|
|
Wait wait I've got one. We should all be happy about this decline, it's just a chance to buy more cheaper!
This knife is going right through my grubby little hands though.  |
|
|
|
Is the 51% attack feasible? Well let's first take for instance the Ant miner s9 which I believe is the latest mining equipment which has been released to the public. The typical hash rate of this model is around 12.90TH/s. Though it's been advertised to have reached 14TH/s. So let's go with the advertisements and say each unit can do 14TH/s. To gain more than 50% of the hash rate of the highest ever achieved you would need 961,021,929 units. Let's also note no hardware performs at the same benchmarks and inconsistencies will be present. One of these units on amazon is selling for around $2,489.00. So let's call that 2,000 dollars per unit that's a lot of money if you want to be able to buy all of these units. I don't think the 51% attack is something to be particularly concerned about judging on these numbers. There's probably much better ways to hurt Bitcoin. I think the only way this would be a genuine problem is if the government made it law to register if you were a Bitcoin miner and contribute to a pool setup by the government. They would choose what to do with the computing power whilst you would be required by law to be part of this pool. Judging by some of my previous threads I may be mistaken with some of the information and may of made a few mistakes here and there. I encourage anyone who finds any errors to tell me right away. I would also like to discuss this and compare it to the technological advances that may be made in the next few years. [1] https://blockchain.info/charts/hash-rate ( I would like to highlight that these are only estimates) I think your math is a little off. The ATH for hashrate appears to be about 27,000,00 TH. So that would require a little over 2,000,000 S9. Also, Bitmain manufactures the S9, so they can make machines for themselves for way cheaper. Also, they wouldn't need 2,000,000 additional units since Bitmain already has units on hand. Many are already being put to use by them on their farms. So if Bitmain went rogue, they definitely have the capability of implementing a 51% attack. However, I doubt that they will do it since it would effectively kill the goose that is laying golden eggs for them. |
|
|
|
|
Show Posts
