It's easy; is it and airdrop? If yes, it's already a scam with centralized funds and no transparency whatsoever in regards of initial distribution so they go against two of the most basic fundamentals of why crypto was created in the first place. It's 2017 and these take steps backwards instead of going forward therefore they shouldn't exist and only crypto-newbies welcome them...

And then there's the fact that account trading is legal (but discouraged) so the owners of airdrops can, and will redeem their own coins to dozens or even hundreds of their own sockpuppet accounts basically hiding the usual premined scam nonsense.

Edit: also, if any project is bound to a single, centralized website (like ICOs or airdrops) none of the numbers should be trusted at all! Only the source code.

IOTA is going way too fast (price-wise) compared to how untested it is. Its crazy high, 2,7 billion supply suggests that it's way overpriced. And there could, and almost certainly will have some major issues along the way being the first(?) tangle based crypto - we just don't know it yet.

Anyway, I feel like it's mostly blindly followed by the likes of people who gamble with ICOs and airdrops happily and couldn't really care less about crypto fundamentals and they're just spamming it everywhere luring more people in so they get more out of it being invested earlier. That's just my opinion though.

Proof of Work =/= Tokens
Proof of Work =/= given free

PoW means mineable and not just given away like dirt.

Anyway, if you can get something for free, guess how much that's worth...

If it's premined it's shit so ICOs and tokens are inherently shit and taking steps backwards in crypto by being centralized and poorly distributed imo.

Of course it's a scam. ~94% of all the claimed trading is going on on their own private exchange. They can make up the all the numbers like price and volume as they want and nobody would know because trades are not on the blockchain, only deposits and withdraws are. Coinmarketcap lists any exchange as long as they have an API. That's it, that's all what they ask for so anyone can create their own exchange and send whatever nubmers they want to CMC and people will believe the numbers.

Once you realize this, there's really no point in investigating BCC any further.

Why not start the same as almost all miners; start small scale and work your way up?

Talking strictly about GPU mining, there are so many mining rig threads all over the place, check them out, research and come up with a plan/details.

Ask yourself these questions:
 - AMD or Nvidia? And once you can pick and answer why, you have your base;
 - How powerful cards do you want? Density: lot's of low power cards or more like fewer but more powerful cards?
 - What motherboard to use? 6xPCIe or one of those 13xPCIe motherboards? What brand? What can you get your hands on? (look around here: http://cryptomining-blog.com/?s=motherboard it's a great site with many mining-related topics)
 - What power supplies to use? One huge or multiple smallers or even high capacity server PSUs? You have to know power consumptions of cards, the PC, the wires you use, your breaker, etc to be confident.
 - What frame to put the cards on? Closed case with vents or open frames?
 - What CPU/how much memory, what kind of powered USB risers?
 - What OS? Windows or linux based? That makes a difference in terms of what kind of miners you can use.
 - What mining softwares to use?
 - What coins to mine?
 - ...

If you'll have a couple of rigs that you can work with you can scale them up confidently instead of buying everything at the start and running into costly issues.

Whatever the case might be, I'd advise not to invest all your money into mining; have a nice cushion in case something awful happens. Also, definitely talk to an electrician before you go crazy.

D) Why would I gamble with shit ICOs and shittokens when there are decents projects out there?

You'll be back on the job market quite soon then.

Cryptohunter nailed it, Bitcoin is trustless, decentralized and premined coins are not. They're taking steps backwards instead of forward.

Different algorithms have different characteristics and levels of optimization so each algo is different in a way (power draw, memory use, etc) but there should be no difference between Dagger-hashimoto (Ethhash) coins. Unless different epochs make a difference, I'm not sure.

In case you're going mining, it entirely depends on how much time you're willing to sink in.

Let's look at some arbitrary examples ignoring scale:

(Level 0 mining: CPU mining, high electricity, no profit hobby mining, etc;)
Level 1 mining: ASIC plug and play, long time to ROI - if lucky but there's no need to spend time on it;
Level 2 mining: ASIC but with consciously researched coins with slightly faster ROI, some time required;
Level 3 mining: GPU mining at nicehash, the lazy plug and play/forget method with slow ROI and not much time required - except for maintenance/troubleshooting (which will be plenty for $100k worth of rigs);
Level 4 mining: GPU mining but with directly mining a few coins you researched with optimized hardware;


There are quite a few levels after that, but those are not just being shared publicly for the most part but rest assured, putting the time in you can figure them out and you can earn the most.


For $100k you could just do ASICs (just avoid X11 ASICs for now) and forget about them, but it depends on what you're expectations are on your returns and how much time you're willing to spend on this project.

I have only saw your locked thread and missed the other one. Anyway, I dislike Dash and I'm not defending it, but it's quite annoying that some people try to promote coins by attacking others - regardless of how right they are.

PIVX is not a replacement of Dash, it's not even a competitor of it. They can both co-exist and it's utterly pointless to stir drama comparing the true - you'll never change the opinion of people that way.


To be on point, Bittrex also started to ignore/delay replies to tickets months ago. They look like more of a scam by the minute. Their silence only makes it worse.

Forget about ICOs being delisted, users are getting locked out and their funds stolen: thread#1, thread#2, thread#3.

And 'ICO' and 'fair distribution' in the same sentence, really?

Anyway, Bittrex really stinks recently. I'm on thev verge of believing the theory by which they were hacked recently and this is their attempt to get the funds to get them back on their feet or they intend to scam people and this is their slow exit, like cryptsy did it.

Just look at the trust rating of the staff:

richiela (Bittrex admin - topic starter) :
https://bitcointalk.org/index.php?action=profile;u=96390

ryan (Bittrex admin) :
https://bitcointalk.org/index.php?action=profile;u=171880

Bill (Bittrex admin) :
https://bitcointalk.org/index.php?action=profile;u=252559


PS: what's the point of promoting PIVX by attacking Dash AND locking the thread? I mean I love PIVX and am a long time holder but promoting it by attacking another coin is childish and locking the thread is even more childish. Either attack Dash OR promote PIVX but don't do one with the other imo.

Too much overclock probably.

Nobody knows.

I mean if you're just holding coins, really nobody knows what will happen in a year or so. Crypto is very volatile, high risk, unknown reward.


But other than holding and forgetting there are several other ways of investing inside of crypto;
 - mining: low risk, low to high reward depending on how much time you sink in;
 - staking: simple like holding but with growing funds and only need a wallet that's runing 24/7;
 - masternodes: almost exactly like staking, except you need a set amount of coins ($) to start a masternode but it's marginally more profitable than staking.
 - funding other people's projects/startups/visions (aka ICOs): complete and pure gambling.

There are probably a few other ways (like lending, day trading, bot trading, etc) but I'm not that familiar with them.

Of course. The current spam of non-mineable premined ICO and airdrop nonsense will eventually calm down. Those are not the norm, those are just noise that are taking steps backwards in crypto instead of going forward and innovating. Because of Bitcoin's price rush this year it's like we're in an insane asylum; overrun by huge amounts of greedy and lazy people chasing the next gold rush, hoping whatever they look and throw money at will get the same increase as Bitcoin did and make them rich. And they do so without understanding or caring for crypto for the most part. It will calm down eventually.

After all this time, PoW mining is still the only fair initial coin distribution method and with the race towards cheaper and cheaper renewable electricity, mining will stay for a very long time.

And as much as newbies or miners who want to discourage others tell you that mining is dead or that it's wasting electricity, it's still pretty profitable. Even considering that this year the hashrate of all kinds of algos/coins multiplied. For example, looking at a few non-ASIC coins, Ethereum's difficulty increased almost 200 times (not even including the fork causing the difficulty drop), Zcash's diff increased ~1250 times and Monero's difficulty increased ~10 times compared to this date last year.

Mining will stay.

Verge is a weird one but it is stable. I'm sure it will reach a new ATH next year.

If for nothing else, in ~303 days it will reach its next block reward halving (1560>730).

Because:
 - prices are not universal;
 - the 1080 has the same memory as the 1080 Ti, GDDR5X (bad for memory heavy algos such as Eth) therefore the 1070 is best for memory heavy algos while the 1080 Ti is best for compute heavy algos;
 - the 1080 is an awkward middleground between density and performance;
 - 1080 Ti has a better resale value;
 - release dates:
            1080 Ti: March 10, 2016
            1080: May 27, 2016
            1070: June 10, 2016
which you can interpret a few ways.

Other than me reading the title as "I just discovered my wife" I can't really add much except that this section should maybe renamed to a more appropriate name, somethint like Altcoin Pump section.

It's only for Ethereum addresses (and clones) and it means the data after it is in hexadecimal form. It's also a nice way to tell apart Eth addresses.

More info if you're interested: https://ethereum.stackexchange.com/questions/503/what-is-the-0x-i-see-around-ethereum-for-example-i-see-addresses-that-start-wit