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2561  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 28, 2018, 12:54:41 AM
Polo just stripped it’s users of there freedom today. Bitfinex did it last week, big things are happening behind the scenes. Get ready! Something big is happening.

distributed exchanges with open source market data is the only way bitcoin will survive!!   weeeeeee
2562  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - Hard Fork 15 May 2018 on: May 27, 2018, 10:23:32 PM
https://www.merkle.press/2018/05/bitcoin-price-has-hypothetical-value-of.html
Bitcoin Price Has Hypothetical Value of $1,800: Federal Reserve Report
“Although Bitcoins do not possess any real intrinsic value, from a commodity valuation perspective, we can estimate a hypothetical value based on its production costs. Recent estimates regarding the energy involved in mining a single Bitcoin by professional energy-efficient mining rigs put it at about $1,800 when mined in China (where 80% of the currently mined Bitcoins originate).



I said a few month back around $2k to mine 1 og btc...
Probably going to go lower than that ( $800-$1400 possible )


The energy is obviously not the only cost of mining, so his hypothetical value is far from realistic.
To mine 1 BTC with 1 Antminer S9 one needs 1223 days at constant (=current) difficulty.
The energy used during that time would be ~40k kWh (cost ~ $2000 at $0.05 per kWh).
S9 price is ~$900-1000, so energy + miner would be $3000, and then there're other costs, like employees, buildings, HVAC, repairs, etc.


True for the average consumer(miner)your prices are probably accurate.
However for industrial scale miners, its not, its alot cheaper.
They buy asics in bulk and get cheaper elec, leading to huge savings.

Also the producers of asics are always  ahead.
While average miners use s9, the asic producers will be using "testing" s10 and be creating s11 always remain a few steps ahead of the rest.


Probably true about the equipment prices, but energy at $0.05 is rather low... at least for US and EU, not sure about China and far east in general.
Also, for the average consumer grade miner there're no additional costs of large buildings, HVAC installations and employees, so the costs aren't much different imo.
We probably both right depending on the miner.
I think we can agree the price to mine 1og btc is between $2k - $3500 , def not the $8k some places have been reporting.
Lets say $2700 is an average price ...that price will 100% happen for og btc and
then more panic dumping can take its price lower than $2k, imo  

I wonder if Jihan or some other big mining group will tell us the cost for them to mine 1og btc. Smiley

Yes, your average is plausible, and... No, I doubt big miners will ever disclose their costs  Undecided


BTI vs. BCH flippening occuring ~ more miners switching to Instantcoin Wink weeee

====>

http://abe.getbitcoininstant.org:2750/chain/Instant

https://freiexchange.com/market/BTI/BTC


I think the 0.08 BTC daily volume says otherwise. Ive seen more volume at a lemonade stand.

watch as BTI goes higher while fake satoshi and roger ver circle jerk BCH to zer00000000 Wink weeee
2563  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - Hard Fork 15 May 2018 on: May 27, 2018, 06:23:00 PM
https://www.merkle.press/2018/05/bitcoin-price-has-hypothetical-value-of.html
Bitcoin Price Has Hypothetical Value of $1,800: Federal Reserve Report
“Although Bitcoins do not possess any real intrinsic value, from a commodity valuation perspective, we can estimate a hypothetical value based on its production costs. Recent estimates regarding the energy involved in mining a single Bitcoin by professional energy-efficient mining rigs put it at about $1,800 when mined in China (where 80% of the currently mined Bitcoins originate).



I said a few month back around $2k to mine 1 og btc...
Probably going to go lower than that ( $800-$1400 possible )


The energy is obviously not the only cost of mining, so his hypothetical value is far from realistic.
To mine 1 BTC with 1 Antminer S9 one needs 1223 days at constant (=current) difficulty.
The energy used during that time would be ~40k kWh (cost ~ $2000 at $0.05 per kWh).
S9 price is ~$900-1000, so energy + miner would be $3000, and then there're other costs, like employees, buildings, HVAC, repairs, etc.


True for the average consumer(miner)your prices are probably accurate.
However for industrial scale miners, its not, its alot cheaper.
They buy asics in bulk and get cheaper elec, leading to huge savings.

Also the producers of asics are always  ahead.
While average miners use s9, the asic producers will be using "testing" s10 and be creating s11 always remain a few steps ahead of the rest.


Probably true about the equipment prices, but energy at $0.05 is rather low... at least for US and EU, not sure about China and far east in general.
Also, for the average consumer grade miner there're no additional costs of large buildings, HVAC installations and employees, so the costs aren't much different imo.
We probably both right depending on the miner.
I think we can agree the price to mine 1og btc is between $2k - $3500 , def not the $8k some places have been reporting.
Lets say $2700 is an average price ...that price will 100% happen for og btc and
then more panic dumping can take its price lower than $2k, imo  

I wonder if Jihan or some other big mining group will tell us the cost for them to mine 1og btc. Smiley

Yes, your average is plausible, and... No, I doubt big miners will ever disclose their costs  Undecided


BTI vs. BCH flippening occuring ~ more miners switching to Instantcoin Wink weeee

====>

http://abe.getbitcoininstant.org:2750/chain/Instant

https://freiexchange.com/market/BTI/BTC
2564  Economy / Trading Discussion / Re: Great table of ⚉ HIGH-END BOTS ⚉ - Updated: 04/07/2018 - Automate your profit! on: May 27, 2018, 03:47:29 PM
Hi,
thanks for this work  Wink just 1 clarification

https://cryptocatbot.com/ is not C.A.T. official site. This is a reseller site like https://www.catcryptobot.com/
On Reseller site person won't deal directly with me but with a reseller

The official C.A.T. topic, the only place where people can directly deal with me is : https://bitcointalk.org/index.php?topic=507103.0

If you can edit the OP with this information i will be grateful.  Wink

You are welcome, @Sampey ^_^ I modified the reference in the OP.
I am very satisfied with C.A.T., great product!
It is easy and relatively safe to earn profit with C.A.T. by tinkering the settings a bit and reading the user-friendly manual.

Thank you so much  Wink

the freicoinexchange api almost ready >_> please don't nuke us bruh!  Wink Cheesy Shocked 

===>

https://freiexchange.com/market/BTI/BTC
2565  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SCRYPT] Dotcoin on: May 27, 2018, 03:20:08 PM
he news item on Cryptopia says that they will swap them until July 2018, but currently they are probably swamped with hundreds of people a day asking support what the difference between bitcoin and litecoin is, whether coins can be delivered by post etc etc. So best to wait til things settle down a bit then ask, but people should have until July 2018 to swap coins that were minted on the old chain before the swap. Obviously do not mine the old chain now or you will not get those coins swapped too.

the original coins blockchain must stay alive ! ~ who gives bittrex insiders the right to say what happens at cryptopia? :\ sounds like a huge monopoly : robber barrons <===
2566  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SCRYPT] Dotcoin on: May 27, 2018, 03:18:09 PM
What is the difference between DOT coin and CEFS coin?  Huh

As I see it, DOT is used as a payments means to buy services from Cryptopia, ie new coin listing.

CEFS is the coin you buy to share in the income Cryptopia make, ie if you are a shareholder you get 1 CEFS. Its like being paid a dividend each month.


who is the developer of this coin? Smiley  ~we are planning a community takeover if none*
2567  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 27, 2018, 02:57:07 PM
But... Is that even possible? I mean, a FIAT decentralised exchange? The only thing I can think similar would be localbitcoins... which is not really decentralized even if the deals are somewhat p2p.

Decentralized crypto-only exchanges? Yeah, through smart contracts, atomic swaps, etc.... but FIAT? Maybe through a (completely exploitable) trust rating system... other than that... how?

https://bisq.network

this^  BTI(BTCInstant) is going to be listed here soon ~ i'll keep you posted Wink weeeeee

2568  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network on: May 27, 2018, 02:41:03 PM
Decred will be coin of the year. Hash rate already grew from 300Th in January to 9000 Th today ... with at least 2 more asic

can we safely say bitmain insiders have now effectively taken it over? Smiley lol
2569  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network on: May 27, 2018, 02:39:26 PM
Do u have any estimativa of how Decred mining dificulty will rise Huh Any ideas on how many ASICS are been released to miners?

Cosidering that an halong/innolsilicon hashrate is 2.1Th/s and the network peak was 10200 TH/s, roughly 4000-4500 ASICs are online mining add that Obelisk sold 8500 DCR1 with an hashrate of 1.2TH/s we can expect at least a doubling in the next 3-4 months.

Yep, so unless the sia-tech folk can have that much more ASIC power than there original batch calculator (10k) said on batch one of 30%

inflation a month when I asked ..looking more like 100% inflation a month..thus without the sia-tech storage solution decentralized method

at 1 buck to 10 buck amazon price..getting done and getting customers asap...we are screwed....too much capacity ...not enough adoption...and

all them asic's just pumping out coin...driving the price down


better minds then me ..chime in..I'd love to be wrong!

brad


DCR was a fraud from the start ~ total self serving ego driven greed :\   zero real world value.
2570  Alternate cryptocurrencies / Altcoin Discussion / Re: ✅BITCOIN-INSTANT✅ HAS BEEN LISTED ON FREIEXCHANGE!!! on: May 26, 2018, 07:09:11 PM
I don't really believe in most of these BTC clone, but the developer will need to do alot of work to get this listed on a bigger exchange, 0.14BTC is the 24 hour trading volume, that is very low, if the developer can approach coinexchange, cryptopia or Livecoin, the trading volume should pick up

BTI was on bittrex back in the day *cough-wink*  Wink  #BUY&HODL

===>

https://bittrex.com/Market/Index?MarketName=BTC-BTI




WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE EEEEEEEEEEEEEEEE
2571  Alternate cryptocurrencies / Altcoin Discussion / Re: ✅BITCOIN-INSTANT✅ HAS BEEN LISTED ON FREIEXCHANGE!!! on: May 26, 2018, 06:35:01 PM
I've had enough with these fake bitcoins. I hope they all will burn, Bitcoin Cash first.

BitcoinInstant was created way before BCash ~ thank you sir ..i agree  Smiley  BTI ~eZ^$$$
2572  Alternate cryptocurrencies / Altcoin Discussion / ✅BITCOIN-INSTANT✅ HAS BEEN LISTED ON FREIEXCHANGE!!! on: May 26, 2018, 06:02:16 PM
BitcoinInstant[BTI] has been listed on FreiExchange!

Link===> https://freiexchange.com/market/BTI/BTC

ANN Thread===> https://bitcointalk.org/index.php?topic=3443768.msg35894859#msg35894859

More Exchanges coming soon===>cryptopia tradesatoshi poloniex binance...*keep it locked*

 Cool

BTI TO DA MOOOOOON!!
2573  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⚡• [ B T I ]•⚡BitcoinInstant⚡•|100%PoW|•⚡-+-SHA256 algo-+-▲*250 million coins*▲⚡ on: May 26, 2018, 02:57:41 PM

i don't see it?  Roll Eyes  ummm lol

When Shepard Fairey? 

When Banksy, ya rat 🐀 ?





 Cheesy Grin Cool Shocked

weeeeeeeeeeeeee
2574  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (QTUM) - A Scalable PoS Smart Contract Platform - MainNet Complete! on: May 26, 2018, 02:55:10 PM
This is why Qtum being the first PoS smart contact platform is such a big deal.
True, I cant wait until we are able to see QTUM its virtual machine X86. QTUM really builds stuff instead of hype, lets see how many Ethereum projects will switch to QTUM midterm.

where's earlz? your dev who helped build BTI?  Cry  >_> has he been mia for a minute?

===>

https://freiexchange.com/market/BTI/BTC
2575  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [BTCP] BitcoinPrivate: A Truly Private Bitcoin [Equihash] on: May 26, 2018, 02:50:52 PM
I think that we should not expect any innovative innovations and useful features. Moreover, the platform does not bear any value even in the form of an additional source of income from the duplication and distribution of free tokens.

BTI has a real growing community and is developing an open sourced coinmarketcap app Wink weeeeeeeee BTCP was fun now go all in BTI ftw!!

===>



https://freiexchange.com/market/BTI/BTC
2576  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][UBQ] Ubiq - Smart Contracts For An Automated World on: May 26, 2018, 02:34:53 PM
I see UbiQ has developed very well and the team treats everything seriously and seriously. They have created a market of their own!


BTI is a coin they should add asap since it was built by the same coinmarkets group back in 2014 Wink weeee


https://freiexchange.com/market/BTI/BTC

2577  Alternate cryptocurrencies / Announcements (Altcoins) / Re: CTYA Gets 60 Share First Exchange Bounty on: May 26, 2018, 02:45:38 AM
Great news! For getting devcoins on an exchange, CTYA gets the 60 share first exchange bounty.


Writing on behalf of FreiExchange.com , we are trying to direct our branding toward an exchange of innovative vintage coins. Would you like to be listed with us? If so, please fill in AddCoin link found at bottom of our website. We don't charge very much to list coins either, mostly free really.

Thanks

FreiExchange has added DVC trading.
https://freiexchange.com/market/DVC/BTC

Happy trading.

Congratulations, ctya! You deserve every single one of those shares Smiley


freiexchange api updates soon~ trading bots inkoming good or bad ...  Wink   DVC>>BTI>> FRC ~ possibly EMC2 & FLO forthcoming!!!
2578  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax on: May 26, 2018, 02:42:51 AM
Amazing!!  Happy to see the ZCL teams and ANON teams getting along. This is important to the health of both coins going forward.


BitcoinInstant and Zclassic possible forks in the works that open source data of coins Wink hodling BTI & Rhettcoinzzz


===>

https://freiexchange.com/market/BTI/BTC
2579  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network on: May 26, 2018, 02:40:45 AM
Remember the Google spreadsheet to track all the movements of your tickets with all the statistics since you started the POS mining?

We came in version 1.0! Update the spreadsheet Smiley

https://decred.livre.to/poscontrol

Now it is able to store backup and work even in case of dcrdata API failure and we can use two ticket addresses at the same time.

Enjoy!

I can't tell...what public API is supplying DCR data for this sheet?

Data is brought through the DCRDATA API: https://github.com/decred/dcrdata

pftt~and still no FAUCET ? :\ WTF?
2580  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [DFT]Draftcoin and Btcdraft.com Official Thread (rypto Ar(ade on: May 26, 2018, 02:38:53 AM
*please vote* ===> BTI for draftcoin games and ostrich races Wink weeeee

https://freiexchange.com/market/BTI/BTC






 You can add your coins to be voted on here https://games.btcdraft.ca/coin-voting

thank you sir! Wink ++ bitcoin-instant ++ sure to win bigtime!!!
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