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I have an old Radeon 7950 I used to use for Litecoin mining back in the day.
Now its hardly worth the power to running running the 7950 due to all the new ASIC that can now mine scrypt.
Are there any coins out that that I can mine using my 7950 that is ASIC resistant?
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Dude you are crazy.
hmm.. Thanks for the enlightenment. You made me realize I did the right thing. |
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The domain naming system will soon be a way of the past. However profitable by many registrors, the thought of paying for some name ending with some .xxx will be almost comical.
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BTW: I own some NXT. But, it seems like every coin has it following and they become more diluted and divided every day. Everyone seems to be pumping their own coin of elegance and hoping to get out at a higher price or in hopes of breaking even after the dump. I see less and less of development and infrastructure into existing coins, because the real money is made by developers in pumping and dumping the latest new coin.
I can't disagree there. I was just commenting on NXT, as it didn't really look like a pump and dump coin to me. They did have that little rise recently, after NEM used its exchange thingy, too. People don't have patience, and in many cases, rightfully so. It seems devs have moved on from premines, to ICOs, instamines, or some other way to make their money. I almost felt better when devs had a premine, as at least I'd know they'd stick around long enough to dump it. It can be depressing watching trollboxes, as it's sort of the pump and dump mindset in full force. The thing I mind the most, I think, isn't even the pumping/dumping, just the hype/fud game here and price manipulation, that tends to go along with it. It's like a bizarre game, that tends to get annoying after a while. I know, I seen the FUD game played when Cloak and Crypt was released. It was ridiculous. After seeing how both coins attacked each other I sold both. And good thing I did. No real development because they were too busy spreading FUD and Hype. Its whats altcoins have come too.. I do like NXT. Its one of my top three holdings. Innovative technology and not just another clone. |
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So its about buying at the beginning and dumping after so the late investors are the bad holders? Thats about right, sounds like the state of the altcoin markets today.
I haven't kept track of NXT that closely, but it's still going strong. I'm not so sure I'd call any current NXT investor a bag holder. Their IPO and limited distribution is what people tend to bring up as a negative for it... probably holds it back some. BTW: I own some NXT. But, it seems like every coin has it following and they become more diluted and divided every day. Everyone seems to be pumping their own coin of elegance and hoping to get out at a higher price or in hopes of breaking even after the dump. I see less and less of development and infrastructure into existing coins, because the real money is made by developers in pumping and dumping the latest new coin. |
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Just in case the OP is getting depressed, I wouldn't be surprised to see at least a minor pump as soon as Ethereum is released. So yeah, maybe it won't be a giant profit, but it could be some profit. Even MaidSafe, which a lot here don't think was such a great IPO, is in profit territory right now (last time I checked, anyway).
One could rightfully argue that other uses for that btc would be more profitable, but it's not like everyone picks winners all the time either. If you didn't invest it in Ethereum, you could just as likely spend that 2 btc on couple of coins that bomb out during the next 6 months... nothing is guaranteed.
And $150 in NXT brought in 2 Million? Sure those numbers are right? I know their investors made money... but... that sounds sort of insane. It was before my time here, so at least I can't feel bad about missing it, as I never knew about the IPO to begin with.
Not the exact numbers but close to. NXT had a 1.5 BTC limit and back then 1 BTC was $60 to $150 in October. Only like 20 people invested the 1.5 BTC limit and those people got around 5% of NXT each, so yes these people made $2 - $4 million in 2014 depending on when they sold. NXT wasn't the only coin. There was tons tons tons of alternates that were premined, instamined or bought up by a small number of people who took in a lot percentage of a coin for next to nothing and later made huge amounts. The best time to get into a coin is the very beginning where huge amounts can be bought for next to nothing. I look almost every day / week for a NXT styled opportunity but they're rather rare. So its about buying at the beginning and dumping after so the late investors are the bag holders? Thats about right, sounds like the state of the altcoin markets today. |
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"people who invested $150 into NxT back in October 2013 made $2-$4 million."
The total NXT market cap is only 40MM.. That means there were only 10-20 original investors that invested $150. But there are 70 founders.. Does not compute?
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I just spent my last two bitcoins on Ethereum. am I a sucker or is it really the future?
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can someone tell me if i need to be logged into my account to forge? I would ask this on the nxtforum and can't get past their captcha code
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I'm just now starting to like the NXT platform.asset exchanges, etc. It's amazing. . But it's always something, something new... Dumping money with nothing but loss. im already too deep into everything already. I need to start paying bills and putting real money to work in realestate, rentals, etc. I need to wakeup to the real world.
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Okay, over the past several months I have been buying bitcoin and other altcoins and relatively large scale.
Some of my holdings are as follows for (greater to lease)
Bitcoin,
Nxt,
Dogecoin,
Worldcoin
Litecoin,
PPCoin
Quark,
Earthcoin,
However, I am starting to loose hope. I feel like i'm dumping my money into a huge pit never to see again. I was thinking, "what if" Bitcoin never returns to its old highs and this has all been a delusion. I was so exelerated when I seen Bitcoin rise from $90 to $1200. Has this cause me to have some kind of neuroses to continue on buying a these dying assets. I'm ready to pull the plug on everything. Advise?
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As a promotion, I am currently funding the next 100 Worldapults sent to friends and family. Every worldapult sent will be funded 10WDC. 1. Simply go to worldapult.worldcoin.ninja2. Input the email address you wish to Worldapult, 3. Provide a name and short message. 4. Click "Launch a worldapult" 4. Disregard the next page funding notice as I will be funding the next 100 wallets! *I will only fund one Worldapult per email address submitted. Worldapulting yourself does not exclude your from the promotion. http://worldcoinforum.org/topic/2379-worldapult-promotion-1000wdc-giveaway/ |
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It took a little maneuvering to get the GUI client for Linux complied. So I have uploaded the fully compiled wallet for 64bit Linux Systems. If you don’t feel like hacking around for 5 hours getting it to work, It can be downloaded here http://www.worldcoin.ninja/worldcoin-qt-Linux-x64 |
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Dontations: WehgRE3JbHGWNaVYu6wyTSJFi1ZXsT6QDe
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Announcing World-A-Pult! Worldcoin
The Global Digital Currency |
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