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3181  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which Super Cheap Coin is best to invest in? on: May 29, 2017, 10:17:16 AM
Out of the following, which one has the most potential to increase in value and popularity:

BUN - BunnyCoin

CAGE - CageCoin

GCN - GCoin

HTML5 - HTMLCoin

NYC - NewYorkCoin

PAC - PacCoin

Also, if anyone has an informed view on any other super cheap Coins that look to do very well, please by all means suggest😊

those are scam coin mate, best cheap coins that hold somepotential are dgb, spreadcoin netko nexus, rain condensate, and maybe you can try with sweepstakecoin, i dont liek ico so the oen you listed are surely not my target, unless soem of them offer pow, ah almost forgot that there is also doge and feathercoin, but those are mor epump and dump than anything else
3182  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum converting to proof of stake will lead to it's inevitable destruction on: May 29, 2017, 10:15:09 AM
the activation is at 75% but they are not sure anymore if they go with full pos, i think they would make a wise decision if they stay as it is now, to avoid destroying the hashrate of other currency, because if ETH pow go down, all the hash will make everythign not profitable, and increase mining centralization, which is never good
3183  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Safe, not expensive alt coin exchange on: May 29, 2017, 10:13:30 AM
Hi I am looking for suggestions about crypto currencies exchanges that support alternative coins and don't have high fees like Coinbase(I know Coinbase doesn't support alt coins) has.  I have a Kraken account but they don't support some of the coins I would like to trade. Please consider security, alt coin support and fees. Thanks

bittrex is very good for altcoin, have the lowest fee possible when you do a withdrawal, only 20k satoshi, no other exchange has a low fee like that, also bittrex was never hacked, like kraken, all the other exchange were compromised at least once, well coinbase not yet, and finally bittrex support almost all the altcoin that are worth to trade with, try it, it's the best altcoin exchange for me
3184  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC or XRP? on: May 29, 2017, 10:11:46 AM
Which coin has more potential, what do you think?

obiously ltc, ltc has a pow phase backed by mining and a fixed supply, not to mention thgat litecoin is seen well as the lite version of bitcoin, instead ripple is centralized, with token issued at will by their authority, with potential infinite supply, not worth the effort to explain why ripple is far worse than litecoin
3185  Alternate cryptocurrencies / Mining (Altcoins) / Re: Anyone using the $80 Nvidia gt 1030 yet? on: May 29, 2017, 05:37:48 AM
buy the 1050 nvidia, nvidia currently have more option than amd, which is stuck on monero and ETH, nvidia can mine many other algo with better profit, your gpu will not do much but it's a beginning, you should mine $30 a month or more with that if you are lucky with new coin, you can use those to expand your gear
3186  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SweepstakeCoin (SWEEP) - PoW/PoS, TOR, Sweepstake, Upgrade V1.3 on: May 28, 2017, 02:32:17 PM
RIP this coin

i'm not quite sure, this coin have some meaning now with the remove of the sweepstake, it was too big to be sustainable by investors, i think it need to be reworked in soem way that the inflation has less impact on the market, or maybe reduce the emission daily rate for the miners? the price is not bad for a coin with so many coins produced per day, 7 satoshi si good, jackpot coin reached 70 satoshi i remember, like this one before the issue with the many forks
3187  Economy / Economics / Re: Market cap loss over last 3 days? on: May 28, 2017, 02:29:52 PM
Any idea how many billions of dollars off total major cryptocoins' capitalization has been lost during last 3 days in this dump?
It has to be huge amount. I know the market cap is just virtual number, but still its staggering. If this happened in real world's markets, that would mean epic disaster for global economy.

no no you can't count marketcap loss like that because the marketcap is based on all the 16M coins, and the calculation is off, because only a little fraction of 16M coins is used in all the exchange, or you really think that investors are trading with 16 millions coins? this is stupid to think you know
3188  Bitcoin / Mining speculation / Re: Bitcoin mining should be profitable now on: May 28, 2017, 02:28:43 PM
Home mining is still not profitable because of the electricity cost and the cost of the ASIC miner. You need to have large scale mining which will significantly reduce the cost of ASIC miner from bulk purchase.

The estimated cost for mining each bitcoin is about $300-400 for the large miners. This is because those mining sites are usually located in areas with low electricity cost (or free?) in with low temperature (north?) areas.

home mining is very profitable because the value is very high now, wy you say it's not profitable? electricity, has a very little impatc with bitcoin at $2k, only in the case you pay very high electricity like 50 cent you can't have your roi fast, and home mining don't require low temperature because you are working with 2-3 asic at best
3189  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What altcoin to buy during this pop? on: May 28, 2017, 12:33:52 PM
Bitcoin is correcting and all altcoins are going into the red, not a single one was able to survive. Now it's time to think what alts to pick before they pump again for more BTC profits before everything continues going up.

I was considering LTC, but if BTC finally gets segwit the whole value proposition of LTC vanishes.

Then ETH with its never ending corporate pumps it's a good idea to hold even tho smart contracts are just a meme.

What else is out there?

i like to give a chance too new coin that have good promise, like bitcore, that retain what bitcoin is an dadd what is missed, like segwit and 20 mb block limit, the devs are nice and always active, there is also an aidrop that work like byteball where you can connect your wallet and receive for free bitcore
3190  Alternate cryptocurrencies / Mining (Altcoins) / Re: Best Altcoin to Mine in 2017 on: May 28, 2017, 09:43:08 AM
I switched to ETH classic but difficulty is to high, so I think I will switch to musicoin.

this is good if you have low GB gpu otherwise remain with ETH it's more stable nd solid, musicoin is just a scam pump and dump, will no go anywhere, at best you can mine ETC, i find it a nice competitors to ETH

Ethereum is definitely the best. From now on, the value of a particular crypto will highly depend on the adoption rate. I myself think Ripple will have even higher potential to growth (in terms of price) But you cannot mine ripple LOL

the best only for amd guys, not for nvidia, nvidia perform quite bad on ETH due to bandwidth limitations, and cost/hash is very bad versus AMD, the onyl exception maybe is the 1070, which still remain good on ETH+SIA
3191  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Profit on: May 28, 2017, 09:41:43 AM
Hello all

New to trading. Enjoying the ride.

But had a question and what is best way to do it.

Im using Coinspot (australian).

But the difference between the buying and selling rates is just huge, which is shaving off soo much of my chances of profit.

Eg...buy xcoin at 100. Immediately the sell cost is about 85......

So the coin has to jump soooo much before there is any chance of me doing any impact.

In fact i think the only reason im not doing better is because ive done too many trades and lose a lump every time.

Is this the same with all trading websites ?

Also ive noticed their buy (and sell) rates are so much higher than poloniex, even with exchange rate.

Cheers for any help

Don trade on illiquid exchanges. Go to where there is high volume such as bitfinex, poloniex.

bitfinex is not good, it's better to use kraken, bitfinex was hacked an ddeposit blocked, if they now fixed all these stuff i still would not use it, too much trouble and risky trading there
3192  Economy / Gambling discussion / Re: Fees!!! on: May 28, 2017, 09:40:48 AM
If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

No.


they don't care i think but i know for sure that these service like exchange and casino have special deals with miners and they can have fast confirmations with very low fee -snip-

No, they don't make special deals with miners  Roll Eyes

then how you explain that bittrex have 20k satoshi fee all the times, when i withdrawal my coins from them? 20k satoshi is way below the average and shoudl remain stuck forever instead i always get my coins very fast from them, the only explanation is that they are miners themselves, or they do the same thign as viabitcoin the accelerator
3193  Bitcoin / Bitcoin Discussion / Re: Companies That Help Track Down Stolen Bitcoin? on: May 28, 2017, 09:38:50 AM
Stolen bitcoins are almost impossible to track, unless the thief is stupid enough to leave behind easily traceable information. For amount like 40BTC, I think you should just move on. This is why the Wannacry ransomware only accept bitcoin.

it can be tracked , if he did not mix his coin with a mixer, or if he did not use an exchange to sell for an altcoin, and even so you can track it because  amixer and exchange keep the log and your trade activity, a trace should always remain behind, impossible to not leave anything
3194  Alternate cryptocurrencies / Altcoin Discussion / Re: Newbie to Altcoins on: May 27, 2017, 07:34:03 PM
Hi there, I'm new to altcoins. Anyone has some usefull tips? Or a strategy that worked for you? Smiley

yeah the best one is sell high buy low, like everyone is doing, there isnot other strategy, when you see a dump sell then when the dump end buy again like it is right now, this si the bottom for bitcoin buy now you won't regret it, if you are talking more about altcoin, it's harder because altcoin are more pump and dump than bitcoin, but you ccaan buy cheap altcoin without much risk and wait for the pump 2x-10x, then sell and repeat with another scam coin, this work good for me
3195  Alternate cryptocurrencies / Mining (Altcoins) / Re: Best Altcoin to Mine in 2017 on: May 27, 2017, 07:31:59 PM
with nivida you can mine zcash with good profit or libry, there are not many other good option, but from time to time you have good profit with blakes2s on yiimp and x17, or skein also is very good
3196  Economy / Speculation / Re: Will we ever see bitcoin lower than 1000$? on: May 27, 2017, 05:11:39 PM
No one wants to hear the truth but BTC can fall to $500 or less.

this is stupid, bitcoin can't fall so low you know, there is a very strong resistance under $2k now, and $1000-1500 is without any doubt the new bottom, and if it was going so low as you said, miners would not profit anymore, and the network will be not secure anymore because the diff would fall down rapidly, and you have also all the people that bought from $500 to $2k are you think those people are so stupid to dump under their entry price? i don't think so
3197  Economy / Gambling discussion / Re: Fees!!! on: May 27, 2017, 04:13:14 PM
If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

they don't care i thinl but i know for sure that these service lik exchange and casino have special deals with miners and they can have fast confirmations with very low fee, like 20k satoshi, but anyway when you cash out you have still your bitcoin, just don't sell if the value dropped at that moment, and sell again when it go high
Then can you explain what happened with DirectBet.Eu and why they felt they needed to shutdown their operation?
That would be the sole reason they did it because all those free sends after their customer's bets have settled was too much for them to bear the brunt of the ever increasing fee's the miners were demanding to have their transactions to complete and confirm at a reasonable amount of time. That being within an hour or two and not prolong to 24-48 hours.

probably it's an other thing there, perhaps they have not enough funds to cover their expenditures? a website like a casino isn't free you need money to run it, if they have not enough income from their betting they can shut down and declare banckrupcy, but i see that the website is still working good, so what you are talking about exactly?
3198  Economy / Exchanges / Re: BTC lost through lending on Poloniex? on: May 27, 2017, 04:10:18 PM
Do you mean people on poloniex is loaning BTC and run away with? If polo offers lending service, they must also block the funds that no one can run away with funds....
Or am i wrong  Shocked Huh

i don't think that is how it works, otherwise it would be silly lol, because poloniex act as an escrow in this case and hold the fund until the interests are paid completely, then they release the funds, there is no way they can cheat with this system
3199  Bitcoin / Bitcoin Discussion / Re: Bitcoin Hardfork - Will we own 2 lots of btc? on: May 27, 2017, 04:07:46 PM
I know this may sound like a lame question but if BITCOIN hardforks does that mean we will all get extra BTC from the forked coin?
For example say I have 1 BTCsitting in my wallet, will  suddenly have 2 BTC, one from each chain?

yes but the value will be different because BU will be seen as an altcoin from exchange and will have its own market, therefore it's not like really own 2 btc, one is the real fork the other just an altcoin called bitcoin like many other we have already
3200  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining for the future on: May 27, 2017, 03:26:39 PM
When you mine, do you consider the altcoin's current price only or "mine for the future"? The same amount of mined altcoin that does not look worthy now could worth much much more in the future. How do you consider an altcoin's potential when choosing what to mine?

most of the time i just dump and go away to another coin, but there are some coins that i like to hold in case they go big, but those coins must have potential, like an active dev and a good roadmpa, new things coming that make it special and stuff like that, otherwise i don't hold anything, i do this with 2-3 altcoin no more as it very risky to hold many
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