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2841  Alternate cryptocurrencies / Altcoin Discussion / Re: Scam free ICO's on: March 13, 2018, 09:48:33 PM

You may need a time machine....and go back to say 2015 or 2016 for ethereum or LISK.. ICO's

I passed on the ether ICO (999 ETH for 1 BTC I think it was...sigh) but did get 1 BTC of LISK on that ICO, which was damn wise..

Since that time, however, they all seem to have gone more than a bit shady...thus the backlash...and hell the sheer number of ICO's now is daunting

no clue on any current ones that are not a scam....thus clueless...it may be this method of launching coin is gonna die with regulations soon

2842  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant X10 on: March 13, 2018, 09:45:06 PM
Baikal N is at present much profitabler than X10, why is the price only a half???    Because they want sell something to get FIAT and want mine with GOOD Algos.   

2 Rabbits with one piston!

IMHO

You forgot to mention some important facts. First the Baikal N has not been shipped yet and it earns maximum $24 a day. After they are delivered you should be happy if you can earn $12 a day. On the other hand you can still earn $20 a day with X10 after half a year. Moreover the X10 doesn't cost $7200 at all if you order from Baikal.

There is more than abit of backlash against the Baikal N...a lot of coins are stating they will 'fork' and make them doorstops before they ship. So follow this and do your research, I

suppose it is possible to have this backlash...besides Baikal likely mined the Baikal 10 a long time already...

just saying, lots of shouting..not sure if it will amount to anything of note...
2843  Economy / Economics / Re: Mt Gox Trustee has 160K more BTC - tool to follow if more cold wallets thawed! on: March 13, 2018, 07:34:54 PM
As far as I now, I remember reading that the coins have been sold already at an amount enough that they can cover all the losses of creditors.

Therefore the remaining coins will go 88% for Mark Karpeles and the rest to the rest of the people holding shares of MtGox's company.

Karpeles will go to OTC if he wants to sell some, or he will end up dead.


I've read the opposite that he does have the power to sell coins....indeed his only goal is to sell it all at the best price as soon as possible, like any

liquidation/bankruptcy....but I too can't find the link to that either

damn

will keep looking, but then again the hype of either of these, gets eyeballs to your news site..so they are likely just guessing like us to get Ad revenue...

murky as f*ck as of now on what is true



Oh well, I just realized that Mark Karpeles can't get his 88% (and the rest of MtGox shareholders get their stack too) unless Kobayashi sells it first on the USD equivalent right? well on that case... then yes, the coins must be sold.

But again, this is insane. The fucktards on the government should be sending the coins to the owners, not selling them and giving them USD equivalents. Fucking scammers.

Let's just hope Kobayashi goes OTC for the remainder of the coins, otherwise like I said he may end up dead.


But IF they did not SELL them all to USD...then the lawyers and the Japanese government could not get paid! (most bang for the buck..2 years of legal action...piecing  out the coin

at whatever the law firm charges per hour) it is to the trustee advantage maybe TO wait until fall or longer on getting this resolved..more fees and more $$$.

(I wish)

brad
2844  Other / Beginners & Help / Re: Message from Satoshi Nakamoto on: March 13, 2018, 07:32:34 PM
WTF! LOL!

(someone is off their meds)

brad
2845  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers on: March 13, 2018, 07:24:17 PM
Would you really say
2) SEC statements
is FUD and has no influence?

Yes, because they may define a dividend paying token like a Lisk, a security, thus it may need to be pulled from many exchanges. Most likely they will give exchanges a grandfather period to adapt and upgrade to allow securities.


IF they do that then we are all screwed on many coins in that AIRDROPPED FORKS like Bitcoin Cash BCH or Litecoin Cash LCC or any other forked coin would be a real mess...

at last count there are more than 20 BTC forks that payout...this would be ugly and a quick way to destroy crypto in the USA....as an example of above, I'd owe more than

$40,000 counting LISK in this from when the various forked coins worth hit the world (as an example BCH hit the world at $280 each) and of course the LISK staking and other

staking coins.

Everyone would have to sell main parts of main coin hoard of many crypto flavors....driving the price into the dirt for all coins, to catch up on if this stuff was suddenly taxable.

IRS guidelines in the USA as an example dumped on the world 10 days before April 15th, 2014, deadline and went back to 2009....pay asap, please Sad

anyway, if LISK staking is a problem to the SEC then forks of $$$ falling out of the sky on to my many blockchains is also a problem ...indeed much bigger...

anyway, hopefully, I'm wrong...but that would toss quite the wrench into our plans for crypto..this worse case idea.(Hopefully my fantasy)



Yea, worse case, but one more thing to worry about. Hopefully the US gov will be happy with the tax revenue from crypto and be cooperative with regulation (which is what I expect).



From what I can tell.....murky as my view is....1/2 the tax folk in USA think LISK type STAKING is INCOME.the other threads I've read etc say NO...I did count lisk as income, as such in 2017 for taxes...my CPA said it was NOT..so I took it out

so toss a coin, remember nothing is clear tax wise in USA...the 2013 Tax Guidelines are pretty much it....and they are, as my CPA say, guidelines..not hard and fast solid rules yet.

As to the forked coins to my chain, that I had nothing to do with about $$$ on paper falling from the sky on to my blockchain address...er...my CPA says that LIKELY the IRS

will treat that as just ..I think she said like a 'stock split' and or growth ..so IF I don't spend any of it I"m golden

Everyone in USA is confused on how to follow tax law on crypto...it is very murky..this is why I spent $2k to the CPA last year, $775 for the taxes done..the other was guestions

on what to do with crypto and stuff like above....Main reason I paid the CPA this amount of $$$, was I damn well want to explain to SOMEONE, like a CPA what I'm doing and have

them think it is reasonable and also sign off on my income tax forms....(it is so lonely otherwise) ....so at least I can show my INTENT is good..even if they say someday I owe something...

or some such...it is quite the cluster


Sorry, I strong disagree with your CPA. I did a lot of research and are sure DPOS is income. I entered it as other income. The IRS is going to want to know your cost basis and origin when you sell, what are you going to put down?


when it hit the world...on my blockchain...but if you are correct ...I should be counting it as MINING...and if I count this a mining then ALL stuff that hits my blockchain is mining...

indluding forked coins (on btc can't even keep track of supposed paper profits when it hit the chain)

if I have to fix it after the fact I will ..with IRS ..but no clarity on this in any form...is it mining..is it just like a stock split (growth) what is it exactly

anyway, does not amount to much, if I do have to fix it some day on a clarification...on any IRS clarification they seem to go back to 2009 anyway ...

2846  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite ASIC miner on: March 13, 2018, 07:21:21 PM
Nobody is buying these, the algos are changing soon so will make this an expensive doorstop. Not good news for Baikal, maybe they didn't know about it.

They did what they always have..they mined with this puppy for months....so big whoop they get their hand slapped and don't dump them on us..they

still likely killed it $$$ wise...
2847  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 13, 2018, 07:20:09 PM
Roger really needs to pump Bcash.

his shitcoin is dying slowly
Why does it need to pump Bcash?

Because it's slowly dying and needs another emergency cash injection

Every coin on the market has normal ups and downs there is only BCH that takes huge jumps for no reason whatsoever followed by weeks of slow decline it's obvious it manipulated

BCH fangirls can't see it though they are just shortsighted and unable to think long term and just spout crap out such as this and that happened so bullish when in reality the value just takes another dump

BCH was just born because the miners are unable to control the network with the ones pushing BCH being the same ones that tried to use their power to block Bitcoin scaling through segwit but the users over powered them and made them realise that they are just work horses

Now they follow the narrative that segwit removes the chain if signatures which is incorrect all it does is move the signatures to a different place in the block but the signatures are all there still there



Bcash, looks like the backers have lots of money, 20billion market cap

If bitconnect is still around and being traded then yes BCH probably will be around for many years but I wouldn't trust the people pushing it these are the same people that abandoned something without even a moment's doubt and will do the exact same again if they feel they can no longer control BCH

Imagine there is this girl she's smoking hot you think she's the best thing that will ever happen to you but she left all her previous relationships because someone better came along would you trust here to be faithful and think you are the exeption ?

The people pushing BCH are that girl they give you lots of false promises it looks superior you are currently believing you are the one that's until something better comes along then BCH is just another ex



The bankers are going to try very hard to knock all the real decentralized coins like bit coin and etherum so they can position bitcoincash at #1

It's already taken etherum off #2 spot

Now wall street has bitcoins future where they can make money off Bitcoin crashing

So when people say the banks can't manipulate crypto well your watching the manipulation live in real time now



This is why I've kept all my forked BCH on my main BTC chain...on the other hand...BCH could destroy BTC value, I suppose, but after such

I'd be surprised if BCH would be worth even 1/4 of what 10k BTC is worth now...that also would serve the bankers and others....less clout for crypto

more crypto for them on such a reboot
2848  Economy / Economics / Re: Mt Gox Trustee has 160K more BTC - tool to follow if more cold wallets thawed! on: March 13, 2018, 07:17:53 PM
As far as I now, I remember reading that the coins have been sold already at an amount enough that they can cover all the losses of creditors.

Therefore the remaining coins will go 88% for Mark Karpeles and the rest to the rest of the people holding shares of MtGox's company.

Karpeles will go to OTC if he wants to sell some, or he will end up dead.


I've read the opposite that he does have the power to sell coins....indeed his only goal is to sell it all at the best price as soon as possible, like any

liquidation/bankruptcy....but I too can't find the link to that either

damn

will keep looking, but then again the hype of either of these, gets eyeballs to your news site..so they are likely just guessing like us to get Ad revenue...

murky as f*ck as of now on what is true

2849  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers on: March 13, 2018, 07:10:58 PM
Would you really say
2) SEC statements
is FUD and has no influence?

Yes, because they may define a dividend paying token like a Lisk, a security, thus it may need to be pulled from many exchanges. Most likely they will give exchanges a grandfather period to adapt and upgrade to allow securities.


IF they do that then we are all screwed on many coins in that AIRDROPPED FORKS like Bitcoin Cash BCH or Litecoin Cash LCC or any other forked coin would be a real mess...

at last count there are more than 20 BTC forks that payout...this would be ugly and a quick way to destroy crypto in the USA....as an example of above, I'd owe more than

$40,000 counting LISK in this from when the various forked coins worth hit the world (as an example BCH hit the world at $280 each) and of course the LISK staking and other

staking coins.

Everyone would have to sell main parts of main coin hoard of many crypto flavors....driving the price into the dirt for all coins, to catch up on if this stuff was suddenly taxable.

IRS guidelines in the USA as an example dumped on the world 10 days before April 15th, 2014, deadline and went back to 2009....pay asap, please Sad

anyway, if LISK staking is a problem to the SEC then forks of $$$ falling out of the sky on to my many blockchains is also a problem ...indeed much bigger...

anyway, hopefully, I'm wrong...but that would toss quite the wrench into our plans for crypto..this worse case idea.(Hopefully my fantasy)



Yea, worse case, but one more thing to worry about. Hopefully the US gov will be happy with the tax revenue from crypto and be cooperative with regulation (which is what I expect).



From what I can tell.....murky as my view is....1/2 the tax folk in USA think LISK type STAKING is INCOME.the other threads I've read etc say NO...I did count lisk as income, as such in 2017 for taxes...my CPA said it was NOT..so I took it out

so toss a coin, remember nothing is clear tax wise in USA...the 2013 Tax Guidelines are pretty much it....and they are, as my CPA say, guidelines..not hard and fast solid rules yet.

As to the forked coins to my chain, that I had nothing to do with about $$$ on paper falling from the sky on to my blockchain address...er...my CPA says that LIKELY the IRS

will treat that as just ..I think she said like a 'stock split' and or growth ..so IF I don't spend any of it I"m golden

Everyone in USA is confused on how to follow tax law on crypto...it is very murky..this is why I spent $2k to the CPA last year, $775 for the taxes done..the other was guestions

on what to do with crypto and stuff like above....Main reason I paid the CPA this amount of $$$, was I damn well want to explain to SOMEONE, like a CPA what I'm doing and have

them think it is reasonable and also sign off on my income tax forms....(it is so lonely otherwise) ....so at least I can show my INTENT is good..even if they say someday I owe something...

or some such...it is quite the cluster



2850  Alternate cryptocurrencies / Mining (Altcoins) / Re: Bitmain Antminer A3 earning $500 a day mining SIAcoin . .WHAT?! Results & Stats on: March 13, 2018, 05:58:44 PM
https://siamining.com/addresses/25865daf640696361b432bd517b812270d8459af48f13876108354ee7e028e0e15c13ab5030c

Looks like someone got an early shipment of Halongs. 450 or so of them are live on this address, all with hashrates around 4TH or so. Can't imagine it's any other miner. Here it comes...

https://siamining.com/stats

That's insane, one account with 20% of global hash rate.

That’s Halong Mining doing QC...they have not shipped yet

Got to love that QC control (secret version) probably call it 'pre-QC' they were likely doing the last 3 months Smiley IMHO

I know for the BTC miners ..it is pretty much a wash...for what they paid in Nov 2017 for them, compared to just getting Bitmain units also shipping this month.
 Then again BTC price was high, back in Nov 2017, WTF, so maybe it all will work out for them also...who knows?

at the BTC miner end...not so sure this SiaCoin Halong miner will last very long...I see it like the D3 from Bitmain...very first in line, you are probably OK on ROI...the rest

after 1st group..iffy as hell

2851  Alternate cryptocurrencies / Mining (Altcoins) / Re: BAIKALMINER Giant-N cryptonight 20000h/s 60watt on: March 13, 2018, 05:52:38 PM
'Searing' I am calling SCAM this BAIKAL N sale
To buy a miner that after 3 weeks you can not mine any more ..... just to make rich BAIKAL and asicminer

SCAM SALE


OH, I agree..it is like the Bitmain D3 toaster city on push out...also, with the risk of forking coins that this miner uses..it could be ugly as hell

Bakail also, IMHO, has been mining these beasts in some manner for the last 3 or 4 months..thus the usual ..cats out of the bag ..they know

their are ASIC's on the network....move the crap out quick...to us silly consumer folk

before the coins all fork and make it a doorstop

rinse/wash/repeat

brad
2852  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers on: March 13, 2018, 05:48:58 PM
Would you really say
2) SEC statements
is FUD and has no influence?

Yes, because they may define a dividend paying token like a Lisk, a security, thus it may need to be pulled from many exchanges. Most likely they will give exchanges a grandfather period to adapt and upgrade to allow securities.


IF they do that then we are all screwed on many coins in that AIRDROPPED FORKS like Bitcoin Cash BCH or Litecoin Cash LCC or any other forked coin would be a real mess...

at last count there are more than 20 BTC forks that payout...this would be ugly and a quick way to destroy crypto in the USA....as an example of above, I'd owe more than

$40,000 counting LISK in this from when the various forked coins worth hit the world (as an example BCH hit the world at $280 each) and of course the LISK staking and other

staking coins.

Everyone would have to sell main parts of main coin hoard of many crypto flavors....driving the price into the dirt for all coins, to catch up on if this stuff was suddenly taxable.

IRS guidelines in the USA as an example dumped on the world 10 days before April 15th, 2014, deadline and went back to 2009....pay asap, please Sad

anyway, if LISK staking is a problem to the SEC then forks of $$$ falling out of the sky on to my many blockchains is also a problem ...indeed much bigger...

anyway, hopefully, I'm wrong...but that would toss quite the wrench into our plans for crypto..this worse case idea.(Hopefully my fantasy)

2853  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] GARLICOIN - Reddit's Garlic Bread Worshiping Currency on: March 13, 2018, 05:38:36 PM
 

  $0.0924688 USD Garlicoin....hmm...well that is somewhat dubious and unsetting...any news of the devs doing something of note? Did they ever get the AMD cards to work with the new algo?

 Just wondering, if the free fall will continue, (devs sitting on hands) or if something is in the works to address the above issues.

Sweet, it's up a bit...thanks for the update

Ack! You seem to be 'one of those' glass 'half-full' kinda folk....grrrrr........


https://www.worldcoinindex.com/coin/garlicoin


NOT a big fan of this chart above. See 6 month setting.

2854  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][HLM] HELIUM - PRE NOTICE on: March 13, 2018, 05:37:42 PM
It's alive  Shocked

From what I understand ..this coin is based on DASH ..thus they are waiting for the Dev's of DASH to make some fixes to the code

before they move on and release Helium? Is that the crux of the issue now? If so anyone have any idea of a timeline just on the DASH fix?

thanks, just trying to put this in some kind of perspective/timeline

brad


Isn't this a really bad sign for HELIUM itself then? Whenever there is a bug or some issue with the code that requires an update or a fix, this community has to wait for DASH developers to act? Or am I misunderstanding this?

I am looking for clarity on this myself...but, from what I understand this is the reason for the delay...I suppose it makes sense, as a fork....this is also true of say

Litecoin and Bitcoin ..in that litecoin is a fork...I suppose it depends on how open DASH devs are with Helium devs....on keeping them in the loop..it is not a big

deal with LTC and BTC but it may be a big deal for DASH devs just not liking forks like Helium or something.

But yeah, clarity on the holdup, a timeline on the supposed 'fix' needed by dash devs ....would be helpful..even if it is just a 'ballpark' this summer of 2018 as a guess

2855  Economy / Economics / Re: Mt Gox Trustee has 160K more BTC - tool to follow if more cold wallets thawed! on: March 13, 2018, 05:30:35 PM
The trustee is not allowed to liquidate any more btc until Sept 28, 2018.

you have a link..the stuff I read seems to just 'assume' this ..which I find doubtful..what I'd say as the mt. gox trustee to get the price of BTC back to say 12k, so I could

dump (yeah, I know I'm evil in thinking this...but how things usually 'splat' in my life.


So this whole mt. gox trustee NOT allowed to move coin till Septemeber...and his whole existence is to liquidate all coin to distribute ASAP...seems an iffy bet...


Not sure if it works that way. Anyone know anything about Japanese Bankruptcy Law? I think it likely the Mt.Gox has permission to sell yet. What happens without permission to sell

and BTC is dumping to $4k for some reason say.......thus IMHO, he has the right yet to sell the coin in 2018....but will he do so?

The question comes down to...IS this a FULL Liquidation on Bankruptcy? If it is he will continue to dump on a whim till it is ALL in USD etc...this is how most liquidations work

so I will be surprised if we don't see a lot more BTC moved this year.

Also, I think I read (can't find the link) that under Japanese Bankruptcy Law...IF the creditors are paid off (in what 2014 price of BTC big whoop) then a portion of the remaining

sold off BTC will go back to mark karpales....thus he will likely still be a multi-millionaire when all this is done...FML

Anyway, will keep digging for links...but I doubt the mt. gox trustee has lost the power to dump, likely he has a target price of $10k or $11k, thus is just waiting

He is an idiot however, I also heard he could get much more in a partial number of auction format, also exchanges have offered also the trustee would likely get more $$$

but he seems to be panic dumping when it is over $10k or some such

dweeb

FML

2856  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][HLM] HELIUM - PRE NOTICE on: March 13, 2018, 05:09:36 PM
It's alive  Shocked

From what I understand ..this coin is based on DASH ..thus they are waiting for the Dev's of DASH to make some fixes to the code

before they move on and release Helium? Is that the crux of the issue now? If so anyone have any idea of a timeline just on the DASH fix?

thanks, just trying to put this in some kind of perspective/timeline

brad
2857  Alternate cryptocurrencies / Mining (Altcoins) / Re: BAIKALMINER Giant-N cryptonight 20000h/s 60watt on: March 13, 2018, 05:06:36 PM
So if Baikal mined monero to death in 2 weeks that the monero fork is happening we should see the Vega cards jump back to big profits

Lets see......


Senario 1 :
BAIKAL was mining monero to death and after the fork GPU miners will see big profits and Baikal N will be mine the leftovers

Senario 2 :
BAIKAL just made this miner and GPU miners will not see their profit to increase after monero fork... and that means that GPU miners drove monero there by building rigs non stop. and Baikal N will be mine the leftovers


So monero is trying to save the GPU farms ? or they don't like Baikal ?
BAIKAL N is a home miner , everyone can have it ... so what is wrong ?
Farmers what is wrong ?
I am not supporting BAIKAL ,,,but the farmers should calm down ,,,, lets do fork to bitcoin also to bring it back to GPUs

Like i explained there are multiple factors and Baikal is loosing more business due to imposed MoQs.
Many miners are not ordering from Baikal and just skipping the resellers due to the $700 to $1000 top up of resellers.

Infact keeping in view volatile market the best thing would be that Baikal introduce pricing of $1200 to $2000 range and they can see huge sales.

Clearly investing in this miner is huge risk with this high price tag and MoQ, we could try taking risk if MoQ was removed and price tag becomes reasonable!

Thanks.

Baikal ...does not seem to care, IMHO on the issues of moving these miners...thus the 10 plus limit....they likely have been mining these units themselves for (guess)

3-4 months....so now is the time to dump them to the masses for too much $$$ in preparation for their next ASIC to make and pre-mine....before any release to

the public...rinse/wash/repeat

Anyway, my view by the past ship-shod way Baikal ships and releases stuff and the prices they want..and their lack of any communication from sales...just use

the mining community to dump and move on...(then again why should they be any different then Bitmain....they just don't do it as slick) Sad

2858  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] GARLICOIN - Reddit's Garlic Bread Worshiping Currency on: March 13, 2018, 05:01:43 PM
 

  $0.0924688 USD Garlicoin....hmm...well that is somewhat dubious and unsetting...any news of the devs doing something of note? Did they ever get the AMD cards to work with the new algo?

 Just wondering, if the free fall will continue, (devs sitting on hands) or if something is in the works to address the above issues.
2859  Economy / Speculation / Re: Apocalypse BTC! How low will it go? on: March 13, 2018, 04:57:27 PM

Well hopefully the next mt. gox trustee dump will not freak the market out..in that it will be a 'known' event..thus...not as much freakout..

while the BTC infrastructure digests such dumps...I doubt the mt. gox trustee is gonna stop..seems clueless or does not care about getting maximum

profits on liquidation..which would be 1) sell to exchanges that wish to buy directly in bid war...or 2) auction...

every time he dumps he just drives the price down for his clients ..again clueless...



There is an update that the Mt. Gox trustee can't dump any more unless their is a court order. And the next court order is in September so we might as well just stay relax for now.

However, it looks like the damage has been done because the market keeps falling and a lot has been panicking that even though there's no negative news around, a simply buy order will turn into a massive downfall.

Right now we are trading below $9K I don't know what drives or influence the market. And the only thing that we can do is to HoDL and have patience and don't be emotional.


I read someplace that the mt. gox trustee can still liguidate...and the meeting this fall ..will be how to distribute this....I can't find my link....still looking...can you post

a link on what you read?

so much FUD on this...

2860  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite ASIC miner on: March 13, 2018, 04:53:33 PM
Whoa, 60 watts and MOQ of 6. Not everyone get hold on this. Too expensive even though against the risk of the coin forked to avoid these ASIC.


Yeah I agree...at 60 watts it is likely to be FPGA and thus they can tweak the firmware for other coins of that type it is made for...but if EVERYONE

is going to fork their coins, that run with this machine, well....it could be an expensive doorstop ...even before shipping.


Is there a thread or a running list of LIKELY coins that ACTUALLY will fork ...to kill this ASIC ...or is it just noise and drama, for the most part?

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