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3201  Alternate cryptocurrencies / Mining (Altcoins) / Re: Connect 6 GPUs to EVGA SuperNOVA 850 on: December 31, 2021, 05:48:00 AM
Your biggest issue here is going to be with those split PCIe cables. I guarantee you that the one which is closer to the PSU is going to melt at the +12V pins.

Most PSUs that I had with these series split type of PCIe connectors always melted. It was also the plug closest to the PSU and was always the +12V pins.

No idea why they have such a bad design.
3202  Alternate cryptocurrencies / Mining (Altcoins) / Re: Harsh environment with intense sun on: December 31, 2021, 05:40:45 AM
As long as it’s not in the direct sun then it shouldn’t be an issue. I don’t think you are going to be mining in the middle of a desert will you? Most likely they will be covered. You just need good ventilation.

Keep in mind most GPUs can survive heat better than humans. So this is not really an issue. If the cards start to run too hot then they will most likely shut down anyways to prevent any damage.
3203  Alternate cryptocurrencies / Mining (Altcoins) / Re: Bad weather/ mining on: December 31, 2021, 05:37:53 AM
Most PSUs have some form of protection but if you got like >$5000 worth of gear hooked up then you should at least invest $50-100 in a decent surge protector.

Especially if you live somewhere, where these are frequent occurrences. Because you really don’t want most of your gear to blow up. Usually what happens is the voltage drops and the current doubles to compensate and you blow a bunch of components.
3204  Economy / Speculation / Re: Will Bitcoin collapse or mature? on: December 30, 2021, 05:31:45 AM
Yes the low of the year is a great way to determine a bottom however it always isn’t correct. The low for 2014 was breached and it headed lower in 2015.

I think an ATH is not a reliable measurement of strength in my opinion. Usually it leaves a long wick and many never sell at the ATH. However if a low forms and that low isn’t breached in 1-2 years but it can mark a bottom.

So the yearly low and 200WMA are perfect bottom signals.
3205  Alternate cryptocurrencies / Mining (Altcoins) / Re: I got the best Xmas gift ever buh on: December 28, 2021, 03:10:36 AM
What about internet connection as that needs power too

Yes but if the entire power is down in his area most likely his home internet won’t work either. There is usually some station close to his place and if there is no power at all that substation will be down also and he won’t get internet either even if he has backup.

He can try and do backup by using tethering by 4G from his cell provider. However same issue.
If power is down in a wide area, most likely the cell towers will be down also unless it’s far away and he can get a signal to it.
3206  Alternate cryptocurrencies / Mining (Altcoins) / Re: Which crypto to mine after ETH2 on: December 28, 2021, 03:07:57 AM
Yes please search this has been discussed to death by now,

For one we have no idea when it will go POS fully. They promised POS by Summer 2016 actually.

Second, if they go POS most likely the difficulty will jump for all the GPU mineable coins and there will be no profits for anyone. Unless you got some cheap or free electricity.
3207  Alternate cryptocurrencies / Mining (Altcoins) / Re: thermal pads for gddr6x and a bit of patience on: December 28, 2021, 03:05:36 AM
Yes I had this issue also. Bought some custom kit from some seller on eBay which claimed they would work on my GPU. However they were a different material, more thicker and didn’t squeeze as easily as the factory ones which were more like gum.

As soon as the GPU entered windows, it instantly overheated. Temperatures spiked up. At first I assumed I damaged something but then I took a look and could see the huge gap.

Basically managed to put on the old pads and things were fine ever since.
3208  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 2022 is the time to buy or sell? on: December 28, 2021, 03:01:08 AM
Well it could be a repeat of 2018. Where people were expecting Bitcoin and other cryptos to break ATH again and instead the complete opposite happened with everything crashing down and bottoming a year later. Most was due to scams of ICOs and others were people who were selling their crypto to pay their huge 2017 tax bill.

Or it can be like 2021, people were expecting a repeat of 2018 which had a big rally the year prior, however instead of going down it actually broke ATH and 3x it’s previous ATH.

So my advice is to wait and see how the first week or 2 will be and it should give us a hint of what is to come for the future.
3209  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Doggy take over — Elon Musk? on: December 28, 2021, 02:55:39 AM
The only people that are making money out of Elon’s tweets about Doge are bots most likely or people who were online at the time he tweeted.

There are bots which monitor certain popular Twitter accounts such as Elon’s and it scans for “doge” text and then immediately buys it and there are probably hundreds of bots programmed to do this and hence why there is usually a huge 10-20% rally.

However these rallies almost always completely go back down. Seems the hype is down.
3210  Economy / Trading Discussion / Re: Anyone who's familiar with cottoncandyTA? on: December 28, 2021, 02:51:43 AM
Yeah i read those descriptions also. Basically it obviously won’t work on us, but it usually works for people who are new to trading. Saying stuff like “I cracked the stock market” makes it seem like this was written by some kid.

And there are naive people out there that will believe him. And they will pay for his courses. And he might even have some signals where he actually makes money by showing pictures however it’s most likely edited or photoshopped.

But when people see those 7 figure accounts, they are brought in and scammed.
3211  Economy / Speculation / Re: Can you really predict Bitcoin at this time on: December 28, 2021, 02:45:31 AM
Nobody has the right answer. It might go up or it might go down. Not 1 person decides whether it goes up or down. It’s a bunch of people all at once.

Generally when people are all bullish and saying that Bitcoin will go to like $250K and you hear people talking about Bitcoin on the street, generally that means it might too soon.

When people are saying Bitcoin is a scam and it trades sideways for months. That is usually the best time to buy.
3212  Economy / Trading Discussion / Re: Anyone who's familiar with cottoncandyTA? on: December 27, 2021, 06:49:33 PM
Ask yourself this.

If you were a millionaire, making millions of profits every year. Would you waste your time teaching absolute noobs for pennies? It takes time to write ebook, make videos, answer questions, send trading signals. Why bother when you can make a few million doing just trading yourself?

This is why most of these courses are scams and waste of time.
3213  Economy / Trading Discussion / Re: Trading Signal Notifications on: December 27, 2021, 06:47:03 PM
Moving average indicators work very well in trending markets. However they will chop you to bits in ranging markets, especially on the lower time frames.

So depending on which coin you back tested, let’s say SOL. Which has pretty much went up the entire year. Any MA combination which was long would of worked out fairly well.

However if the markets start to range it won’t work as well.
3214  Economy / Trading Discussion / Re: Kucoin vs FTX...which one do you recommend? on: December 27, 2021, 03:41:23 AM
I never had issues with FTX. Some people complained in the past about outages during rapid market moves however I never had that issue with FTX. Whether using the app or site.

The withdraw options are great because you can get free withdraws pretty much. Which is very rare these days. So since they are letting you withdraw for free it means they value their customers instead of charging for withdraw fees. Gemini is another great exchange with free withdraws.
3215  Economy / Trading Discussion / Re: How often do you change your indicators? on: December 27, 2021, 03:39:04 AM
Indicators won’t help you if you don’t know how to trade. They are never accurate. They are more of a confirmation but should never be used alone.

There are so many times when a MA can cross and you might signal a long on one timeframe but short on another. Or MA can tell you to long and RSI tells you to short. So they will never be reliable as you want them to be.

With experience you will know which trades to take and use indicators as a confirmation.
3216  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Future of USDT after Justin Sun Resigning from TRON on: December 27, 2021, 03:36:28 AM
I am pretty sure most people who hold tons of tether do it on either the Bitcoin or Ethereum blockchain. Most don’t keep large amounts on the Tron blockchain. Most likely due to Justin Sun. They want to be safe and feel better paying the higher fees on ETH or slower transactions on BTC network than using tron.

Tron is good for small amounts in my opinion. I agree it’s much cheaper and faster than Bitcoin and Ethereum. However it’s newer and hence why people don’t transact large amounts on Tron blockchain. So I see no issues for tether.
3217  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is ethereum still a viable alternative to Bitcoin? on: December 27, 2021, 03:30:57 AM
ETH has been an alternative to BTC for years already it’s nothing new. Years ago people use to keep tether on the Bitcoin blockchain but now it’s almost entirely used on the ETH chain.

They have been in competition for a while with ETH and BTC maxis and critics. However if you are thinking of investing just keep in mind that both market caps are already high and leaves the room for profit very slim. The best time to invest in these were 2-3 years ago during the bear market.
3218  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you know any meme coin that could be shiba or doge? on: December 27, 2021, 03:27:51 AM
Only way how I see any type of meme coins being successful again is if Elon Musk finally launches the Tesla merch store and he finally accepts Dogecoin as a form of payment.

Dogecoin will rally initially and if the rally doesn’t fade but keeps going up and up and gets crazy 25% days then I see something new rallying also.

However this trend seems to be over. Elon pumps doge and it keeps fading.
3219  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you know any meme coin that could be shiba or doge? on: December 25, 2021, 06:22:37 PM
There are maybe a dozen or so coins which tried to "Be the next meme dog" coin and many of them turned out to be scams or pump and dumps. I think you are really late this day in age looking for any new dog meme coins.

I think the evidence was when Elon said on his twitter that they will allow Doge payments for Tesla merch and the entire move faded. This is a bad outlook. Means that there are many bag holders which want to get out ASAP and there is a very good chance that it won't go back to the ATH.

So I would stay away from any new meme dog coins or cat coins at the moment.
3220  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best coins to short as hedge on: December 25, 2021, 06:20:34 PM
You really are just better off selling the coins. If you think the market topped and bear market will start, many alts will go 90% loss from ATH. Sure you can short the future contracts however in a bear market the funding will be negative and you will be charged a premium to hold those contracts.

You can try selling the futures however you will need to roll them every 3 months and most likely at a backwardation.

So its possible however if you think the top is near, just sell and go into stablecoins.
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