Ok I’m calling bottom for today.
Eastern standard time? Tomorrow is 20 minutes from now. Well that was the bottom for the next 12 hours no matter what time zone you are in, how about that? So I can sleep late. Sweet! Sweet dreams don’t let the gold bugs bite Why not? Gold can be fun too.  |
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Umine really charges 0.01 BWK for every tx and withdrawals go for 0.1-0.13 BWK, 8-10% lost.
True, and now minimum payout is 2 BWK!! Wow - they seriously set it to 2BWK. On Sunday they are supposed to be paying out @ 0.01 BWK and they change it to 2. And still there is 400 Gh/s on that pool  Yes, many seem to gravitate to the pool with the largest hash rate because the payouts are more frequent and consistent. even if they are really getting a raw deal. |
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single digits tomorrow
You wish. You know that DCG, Bitmain and every other whale out there would be buying up all the panic sells way before single digits. DCG would just be dumping all the alts they have pumped for the past couple of days and buy up the cheap BTC. (Hmm, looks like many of the alts are already getting dumped....) It's also amazing how the bitcoin mempool has been slowly clearing up all day. Still clogged, but not as bad. Better to have a cheap and clear pathway to get any rattled HODL to move coins to exchange quick.  |
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Not much of a bubble if you ask me.
Kinda...I don't know...underwhelming.
There goes my champagne wishes and caviar dreams.  Back to Old Milwaukee and shrimp-flavored ramen.    |
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I was doing a Windoze update during the dip so did not get in. It was even a double dip.   |
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Of course the universe is not deterministic. It's called quantum mechanics. Unless you want to consider things falling within certain probabilities deterministic. If you are locked inside an internal system with an external system surrounding you, it can still be deterministic and you're doing the equivalent of being played like a VCR tape to see predetermined events. Whatever is at the top of the hierarchy takes precedent. I'm an agnostic. However, if I were to adopt a Protestant Christian belief system, I am more inclined to go with Wesley than Calvin. |
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Of course the universe is not deterministic. It's called quantum mechanics. Unless you want to consider things falling within certain probabilities deterministic. |
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^we'll take it!
What the fuck am I gonna do with all that Y?! Who decided that Bitcoin would be denominated in Y and Y weren't we consulted? Must be another Roger Ver misdirection. Y=¥ |
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so we broke down through the parabolic-est trend...I guess for the moment we will have to settle for parabolic-er-er-er growth
Parabolas have two sides, you know....   This is probably the curve everyone is hoping for. Not a parabola.  |
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so we broke down through the parabolic-est trend...I guess for the moment we will have to settle for parabolic-er-er-er growth
Parabolas have two sides, you know.... |
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Doesn't seem like they can figure out how much supply is circulating? Coinmarketcaps needs to know how much of the premine, if any, is considered circulating. |
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So who is considered an early adopter these days? Is it still people who bought in 2010, or is it now people who bought in 2012 or 2013? And dont give me that bull answer of we're all still early adopters.
Don't give me that bear framework for your presumptive question that assumes that mass adoption has either occurred or is close to occuring, when the fact of the matter is that we are no fucking place even near mass adoption. Therefore, the "bull answer" that you don't want to hear is the correct answer. Sure, there are levels of "early adopter," and there is relativity, so someone who got in at $10k is more of an early adopter than someone who got in at $15k, so yeah, let's agree that it is way fucking better to have gotten in at $10 or $100 or $500 or $1,000 than it is to have gotten in at $10k, or $15k.. but whatever, even those who got in at $10k are currently more than 50% in the green... so they have a bit of a cushion, and perhaps we will never see 4 digits again, perhaps? I do have a sense that we will see 4 digits again, but gosh, the way things are going it remains possible that we won't.... so let's see, let's see. Finally, when you have less than 1% of world adoption in bitcoin, you are stretching the subject matter to be either asserting or assuming that mass adoption has either already taken place or is in any kind of close proximity... GET a fucking GRIP, TERA-beara!!!!   Oh please. We all know this will never get mass adoption. It's nerd money. https://www.youtube.com/watch?v=1mRG2oAQhso |
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^^^^^^
Wow, that is a great feature!
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Remember kids: Futures whale traders that need more supply will gladly short bitcoin and pump the alts to entice you to part with your btc.  A better enticement for me would be to pump this up to the next galaxy, not short it. I thought most people knew that you shouldn't panic sell or FOMO. |
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Thank you very much that makes perfect sense.
If you dont mind may I ask a follow up question since you seem very knowledgable.
What are a few safe places to store coin then where I would have full control?
Hope bones261 won't mind if I try answering this question- desktop and mobile wallet give you full control, and are safer if you keep them safe. Hardware and paper wallet also give you full control, and are even safer. Paper wallet should be the safest wallet out there. My preference is my Trezor, which is a hardware wallet. Paper wallets are good too, but you must take steps to make sure they are secure. I heard the Ledger Nano hardware wallet is even better than a Trezor. |
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I've only used nicehash for the past 4-5 months since I started and I get payouts to a wallet I setup at Coinbase. To use the NEO miner do I need to setup a desktop wallet or am I still ok to use my coinbase address? I read a lot that seemed to indicate mining directly to a coinbase wallet isn't a good idea. Any recommendations on a desktop wallet with that miner or am I ok to mine to my coinbase address? Also how do payouts work in general with this miner?
Can anyone expand on this? why is it not a good idea to mine directly into a coinbase address? With Coinbase, you do not control the private keys. You are taking a counterparty risk by storing your coins there. If the convenience of storing your coins there is worth the counterparty risk to you, then it's perfectly fine to mine direct to Coinbase. If your intention is to sell off you BTC ASAP for fiat and then transfer funds to your bank account, then the counterparty risk is most probably worth it. |
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why the invest would regard it as a scam ?
if the dev was not hard work for it?when the price down ,they are a lots of guys think it's a scam?
I don't think it's a scam. It has just been the target of a lot of malware and phising sites. It's definitely disconcerting that the hackers managed to get links to their shit on the BTG official sites. yeah, they are likely false possitive from antivirus softwares. No, people have actually had their coins stolen from malware and phishing sites. https://wccftech.com/bitcoin-gold-official-wallet-compromised/https://bitcoinexchangeguide.com/bitcoin-gold-btg-3-million-phishing-scam/And as I stated above, these two examples came from links on BTG official sites. |
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why the invest would regard it as a scam ?
if the dev was not hard work for it?when the price down ,they are a lots of guys think it's a scam?
I don't think it's a scam. It has just been the target of a lot of malware and phising sites. It's definitely disconcerting that the hackers managed to get links to their shit on the BTG official sites. |
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I have an old R9 280X that I only rarely use it for oclhashcat. Is it even worthy to mine anything with it nowadays? Donno much about current gpu cards/developments. Don't even know what a 1070 is....
Nvidia 1070. You can use this web site to try and calculate what coin is best to mine. https://whattomine.com/ Not sure your old GPU will yield much. Maybe with a Cryptonight hash coin. |
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I wonder if it is actually profitable to mine BTC with a GPU again? Probably not, but one could hope.
There is no hope for GPUs - with my best GPU it would take 9,038,161 days to mine one Bitcoin at a cost of 72 cents per day. Maybe when Bitcoin is worth 7 million dollars though... Can you not mine Bitcoin Gold with a GPU? I stopped GPU mining a while ago and haven't looked back but now that you mention it, it seems like I could make about $6 worth of BTG daily. I'll be getting paid to keep the house toasty warm (if the wife approves - noisy). Thanks! $6 with only one card or you have several? Is that discounting the electricity cost? My one 1070 could make about $2.58 per day, discounting electricity at 15 cents/KW. So a better card could probably make six. |
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