I've been following this thread for a bit and watching the trading and just something I can't quite understand.
My first instinct is that it is a scam. So I looked a little more and read through some more posts.
My second instinct, after careful consideration, is still that it kind of looks like a scam.
Maybe the coin isn't a scam itself but creator is well-known scammer. Really? Where can I find these scams documented? |
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The Bitcoin dev team is bought and paid for by corporations and ASIC fabs. Of course it will never go PoS.
Get a clue Sherlock before posting nonsense.
Well my dear Watson, considering my response was to the previous post stating coins are moving away from PoW and me not actually asking when it would happen, I think you should feel a bit silly about your comment. Thanks for playing! So clever! When was the last time you mined some Bitcoin with a rack of GPUs? Since you laid out your genius plan, how profitable would your GPU farm be mining Bitcoin? Since it is PoW and the only coin that matters. Now who feels silly? |
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P.S. Bitcoin is the only coin that matters in the long run....when is it moving away from PoW exactly?
The Bitcoin dev team is bought and paid for by corporations and ASIC fabs. Of course it will never go PoS. Get a clue Sherlock before posting nonsense. |
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It's funny what the mining community calls "profit". In the world of investing, hitting ROI in three months is UNHEARD OF. Making all of your money back in as little as three months, then make nothing but pure profits? You'd be labeled insane.
You assume this is a common occurrence. We will most likely experience years of unprofitable mining after this uncommon run peters out. Coins are moving away from PoW anyway. There will be no "move to the next profitable coin" option. |
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Everyone likes to talk about difficulty rising so profits will decline, when in reality the price will rise with it. Look at Bitcoin. It's always been profitable to mine. The difficulty rose, but so did the price. It was profitable to mine three years ago, it's profitable to mine now. Crazy how that works.
What are you are a sadist? Want to see other lose money? It's funny how the ignorant are so willing to share their opinion. Unless you live next to a dam or have access to some other form of cheap power, you will never truly be competitive. You would make more as a clerk in a 7-11. Hobby mining is fun - going pro is insane. |
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I had most of the gear and bought a bunch of video cards a month ago, when I started it estimated I would pay my cards off in a month, now it says three. It's a fun hobby but at the rate difficulty is increasing its no big money maker.
Its a mistake newcomers continue to make. Trying to get theirs but it already gone. Even after warnings from the community veterans. Buy coins not gear. Buy only used cards that are still under warranty only with the profits you already gained from mining. Win-win. GPU warranties don't transfer. But thanks for the advice anyway. |
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I had most of the gear and bought a bunch of video cards a month ago, when I started it estimated I would pay my cards off in a month, now it says three. It's a fun hobby but at the rate difficulty is increasing its no big money maker.
Funny you would have been up 50% if you had just bought coins. Its a mistake newcomers continue to make. Trying to get theirs but it already gone. Even after warnings from the community veterans. Buy coins not gear. |
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What was the last GPU you owned?
Got a basement full of 280x and 7970's |
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it's still profitable with R9 280 until three month from now
Let's revisit this post after the DAO sale ends. |
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At least GPU's "store" their value in resale  At least until the new gen are released in a few months. Then the resale plummets. Too risky. |
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GPUs are very expensive, and mining pools aren't very profitable. Summer is coming, and a lot of people are about to find out just how much heat these things produce.
I love when new miners are shocked about their power bill. You will never compete against people who operate next to a dam or some other scheme to get cheap power. It is just not feasible for home miners anymore and most likely will never be again. Buy coins - don't mine. |
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Please, I never said what you implied. I said there will be something else that comes along asic proof and GPU friendly. We have three or four that turn profits..but nothing like it was in 13
Obviously, this guy has a stake in the success of continued profitable mining. But I would not count on it, mining has always been a low-profit margin affair with spurts of high profitability. Always better to just buy coins than hardware. Plus, can you really trust an Auburn fan? Of course not. RTR. |
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START price on trex again  Buying opportunity |
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But, I didn't want to use paypal for a crowdfund project,
why require me to have a payal account?
Can I have a crowdfund project without payal?
I wanted to stay anonymous, so I don't want to use paypal at all.
It's required to prevent anonymous scams. You have to have a verified PayPal account. |
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 A star secured coin. I like it! |
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I get 9 warnings with virustotal, is it save to use the start coin client?
Would you believe us if we told you? i'm just not sure if i found the right wallet or if somewhere is a newer version, because the wallet version is relatively old and so i decided to ask if you all got these warnings. There is not a newer version. Development focus has been on the StartJOIN platform and not the coin. But that is slowly changing as there is, at least, a part-time development team working on StartCOIN. |
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I get 9 warnings with virustotal, is it save to use the start coin client?
Would you believe us if we told you? |
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So if I had a buisness idea how would I list it on start?
Create an account, make a project, and post your pitch. You need a verified Paypal account to go live. |
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