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if you really believe that bitcoin will be $2k or more one day one not keep buying until you invested what you can afford to lose, if you invested everything possible, you have nothing to worry about just watch
bitcoin is a niche market, and EFT will make it grow by a small factor, EFT is not the final point, only the beginning, and every time bitcoin retreat i see it as a good opportunity to buy
i fact by buying at every dump that happened you could have made a great profit today
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mining is propfitable for those that have up to 0.1 cent electricity, but without proper scaling of your farm you will earn not that much
and you don't need a rig to mine bitcoin you need an asic, for the sha256 algorithm, rig are used to mine altcoin
for now there are asic for bitcoin, asic for scrypt coin, asic for x11/x13/x14/x15/quark/qubit, and gpu rig that mine everything but not so efficient for those algo that have asic
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hi
is there a way to find out how many BTC are really used to buy things.
e.g the amount of BTC that are transfered through bitpay transactions and similar services.
thank you
It does not make sense to use bitcoin to buy things so this would be a horrible way to measure usage. I would guess that makes up less than 1% of usage of bitcoin. what? i had to step in here, because what you said it's wrong on so many level, bitcoin usage of course must be measured with the purchase you made with it not with dumping for fiat or trading, or anything else, after all bitcoin is also a currency not only a tool for speculators or store of wealth hi
is there a way to find out how many BTC are really used to buy things.
e.g the amount of BTC that are transfered through bitpay transactions and similar services.
thank you
first visit their website (bitpay or any of others) and see if they have some kind of statistics on their website, if not you can contact them and ask them nicely if they could release some statistics in their blog or on their website. for example some bar chart showing the amount of bitcoin that was sent through bitpay or any other merchants each month/week/day edit: did a quick google search for "bitpay stats" and this came up: https://blog.bitpay.com/bitcoin-a-new-global-economy/enjoy: [img/]https://ghost-storage-production.s3.amazonaws.com/2015/Aug/BitPay_LatAm-1438718271536.png[/img] this don't really tell us how many bitcoin are being used to purchase stuff with them, those transaction can be very small like 0.01-0.1 range it's better if you see the amount of bitcoin sent throught bitpay |
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this thread is pure fud and make little sense, OP is expecting that millions invested in bitcoin, in the market and in the mining activity will be fucked only because he think that bitcoin was a "testnet"
other coins out there have their problem also, they are not perfect, their problems won't come off because they have no volume like bitcoin, we just need to reach the consensus to fix the known issue
besides that if you start another chain you will have the same problem as now with the same consensus that will not be reached on the block limit etc..., what's the point?
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Nowadays many people are starting to invest money on bitcoin or the buy bitcoin..is this a good approach?
How this will influence us in future?
Investing in bitcoin nowadays is not a good for me. Because bitcoin price is too high and we are not sure if the price of bitcoin will increase only. But there is a possibility that the price will pump but you should risk  thats part of bitcoin, if you risk, theres a chance that you will earn. this is not an excuse, you need to ivnest what you would have invested if the price was $100, therefore you want to invest $100 only, you can do it right now and buy 0.09 btc in the past it would have been 1, but that is a lost train Nowadays many people are starting to invest money on bitcoin or the buy bitcoin..is this a good approach?
How this will influence us in future?
I personally think it is a good approach, but I wouldn't recommend to put all your money in it. And I actually would recommend to invest in the Bitcoin nowadays because the future for the Bitcoin are looking very bright. personally i see no other good investment nowadays outside of crypto, and in crypto only bitcoin matter, there is a reason why other peple hold their alt just to dump them to bitcoin one day no oen really care about altcoin, regardless of their marketcap |
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Immutability at work. Perfect consensus over status quo.
Not the slightest bit of consensus over alternatives. That was what the immutability dynamics of bitcoin was all about, and it works marvellously. Not the slightest bit of chance of a rule-changing consensus. Ever. That is what "immutability of the rules" means.
Two options: when near 50-50: a hard fork and two coins. Or, nothing.
hard fork and two coins is worse than having one single chain that take over, i don't know where you see this as a good thing, the value would split and bitcoin would lose credibility i'm all for the block limit fix and i don't care at this point how you achieve it, if miners(the majority) decide for bu, nothing can be done, BU will be the new bitcoin and yes you need to download the new client, since it's and hard fork |
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What unit of Bitcoin should be used to make a fair comparison? 1 - Satoshi or 1 Bit or 1 bitcoin? We should first determine what the best measure for comparison should be, before we make that comparison. How many bitcoins are currently available in comparison to the gold that have been mined.
1 troy-ounce = 1 Satoshi ?
1 ingot = 1 bit ?
1 bar = 1 bitcoin ?
People publish these articles and they do not compare apples with apples. ^hmmmmmm^
obviously you need to use the reference unit, like 1 bitcoin comapred to 1 once, otherwise, it can create confusion by comparing for example 1mbtc with 1 once or 1 gram, and it would look stupid too there are more once of gold than unit of bitcoin, there is an estimate of 155k tonnes of gold, which is 250x times higher than the 21M marketcap of bitcoin, therefore the real comparison doesn't make any sense anyway |
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This user is currently ignored.
you can make an effort and unignore me, i don't know why people ignore here, i never ignored anyone here not even bensam, and you know about our furious discussion i know you can't read me... |
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apparently blake2s could see a big improvement, a guy on the netko thread is running a 1060 with 3.3MH, a 1070 should do 5MH at least
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ah well your version is more optimized that's explain it...
this mean that a 1070 can do 5MH+
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guys i still have 5-10 more GTX1070 cards i can allocate for this coin.
one card gives 4100 MH/s and costs 0.0024999 BTC/day.
PM me
How is it possible to draw so much? I have only 3600 Mh / s. I can do 3.3 - 3.5 Mh/s with GTX 1060 6GB @ 90W so your 1070 should do much better. 3.5 with a 1060 seems crazy can you post screen? a 1070 can do 4MH at best or around that, it can't be only 10-15% faster |
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Is there a miner for Nvidia cards?
I sold at 40K. Now price dropped.
Can not see much activity coin dev, so I think the price will continue to fall.
you are making this up? price never went to 40k, higher was 7.5k.... |
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it need a better exchange
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Fair launch. Hashrate growth.
Pool and exchange at start very nice.
I think that good future is waiting for this coin.
bah i prefer silent coin, not these that have a value right away, this killed it for me, no different than mining any other out there now |
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one block is mine, but i was unlucky and my VM crashed exactly at the launching time and i need to restarting the rig...fuck i was still able to hit one
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yeah it's weird it connect only with one rig at time, if i add other they don't get any accepted
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hashrate of other rig are not displayed if they all point to the same account for the pool? how to add workers?
Just use a different account # for each worker. it's what i'm doing, but in the dashboard the other account show 0 hash, only one is active It should not be like that. I manually need to type in an account to see the worker and hit enter, and then I refresh and put in another account number and hit enter. All of them have a hashrate if they are mining. Are you mining into your Account Number or with your PUBKEY ? same thing as you, but only one show the hash, the other is still at zero, i'm using a different account number for each worker i'm using one of the account generated in solo mining I don't think that's normal. Are you sure the miner is submitting shares? You sure you put in the correct Account # with the checksum. Maybe wait till xiphon gets back. i checked and it's not submitting any, but now that i close the only mining rig that is working, this too isn't submitting any i'm using the excavator nicehash miner, it say that nicehash is not supported, but i think thye are referring to the rented hash |
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hashrate of other rig are not displayed if they all point to the same account for the pool? how to add workers?
Just use a different account # for each worker. it's what i'm doing, but in the dashboard the other account show 0 hash, only one is active It should not be like that. I manually need to type in an account to see the worker and hit enter, and then I refresh and put in another account number and hit enter. All of them have a hashrate if they are mining. Are you mining into your Account Number or with your PUBKEY ? same thing as you, but only one show the hash, the other is still at zero, i'm using a different account number for each worker i'm using one of the account generated in solo mining |
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hashrate of other rig are not displayed if they all point to the same account for the pool? how to add workers?
Just use a different account # for each worker. it's what i'm doing, but in the dashboard the other account show 0 hash, only one is active mmh something wrong indeed i'm getting new job without any share accepted or rejected... |
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hashrate of other rig are not displayed if they all point to the same account for the pool? how to add workers?
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