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TAX TRADERS to DEATH
Let Savers become RICH.
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i do not think these transaction fees nowaday fair, i still dont dont think those exchanges can charge people like 3%-6% for 1 BTC, this a mount if multiplied will be huge, i think they should change their fee lower than a bit to satisfy small investors all around the world.
Become a MINER, then U never even have to deal with an exchange. Exchanges are gatekeepers and criminals, Satoshi never envisioned gatekeepers, the peer2peer network was always nodes buying/selling. The exchanges have become nothing more than casinos |
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Sincerely, it is expedient to mention here that the transaction fee for bitcoin can sometimes be killing. It can be termed as tax too. But meanwhile, it is good that you consider it whether for trading or asset.
TAX TRADERS to DEATH Let Savers become RICH. |
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CIA people have a saying "Anybody that Says he's CIA is a liar or a Traitor" I think same for saying your Satoshi, "Anybody that says he's Satoshi is a liar or a fool" We know Satohsi was not a 'fool', ergo anybody that say's he's Satoshi is a LIAR. |
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The only people who complain aobut fee's are day traders, Oh my god, they trade $100 of BTC and pay $5,
If they were a normal investor they would use a wallet and choose ZERO fee, so what if it took 12 hours,
But day traders want INSTANT confirmation, and that requires the HIGH fee's to be put on top of the queue
This is quite brilliant, because it taxes the trades out of existance in the meantime the investors, the people who use BITCOIN like a bank, they have no problem, withdrawl, or deposit, just be patient and you pay no fee.
ONLY THE Day Traders are BITCHING about FEE's
Thus perhaps there should be TWO BITCOIN chains one for the traders and another for people who want to SAVE their money.
The traders don't want to save, they want to SCAM, they want to get rich quick, the savers known the Tortoise the Hare story, they know the Tortoise wins and the Hare loses
The Tortoise pays no fee, the HARE pays fees and loses all his money to fees.
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Think about this the day the collobrators went to CIA, nobody ever heard of Satoshi again,
SO the CIA took interest had a meeting the men who are now "CORE", they learned of how these men communicate with Satoshi, from that they would have know how to listen in and trace satoshi communications path, it was days passed that Satoshi was told they had met the CIA ( see Satoshi Emails on torrent/pirate-bay ),
IMHO most of CORE were crypto experts meaning they already had GOV work, they were already in the system, they had pending PENSIONS in the system
Satoshi all along wanted to be anonymous, maybe he was NSA, maybe he was a team, but his emails showed him to be a zen-buddhist and very caring man for the little people, that is NOT the pedigree of a GOV robot.
With Satoshi out, the GOV could take control and create their own myth, and build their own core,
Make no mistake that GOV wants crypto currency, they want all transactions to be on record, they want all payments to be on permananent records
This goes back to POINDEXTER under Raygun they called it "Total Innformation Awareness", TIA
The idea that everytime you used a public toilet in Inida and paid a penny that it would be recorded forever, everytime U bought a taco in Mexico it would be recorded forever.
Watch CORE now this is exactly what they're doing
Trying to convince all the young to enter, to get 'rich'
Trying to build CRYPTO COIN at a parabolic rate, for mainstream acceptance
Nobody gives a FUCK about privacy, everybody trained to accept that their life is a OPEN PUBLIC block-chain for all too see, especially for BIG-BROTHER do watch forever, with modern ML algo's to pick&choose who wins and who loses, who goes to jail, and who roams free,
Welcome to New World Order, same as Old World Order.
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Satoshi will never come forward, because the GOV would put him in a cage the rest of his life, like the silk-road guy, like assuange, like anybody that challenges the USDollar hegemony.
Satoshi isn't stupid, he will never come out, and to date he has NEVER spent his coins because he knows they are 100% transparent, and that if he spent 1 satoshi they would be on his tail in an instant, here's another way to look at it
What if the GOV already has Satoshi in a cage, what if he already did spend a little, and pass it through an exchange, ... that the GOV already 'black bagged him', that would explain the total silence.
Remember GOV wants to control FIAT, GOV wants to control CRYPTO, letting INVENTORS like satoshi roam free as rich men, sets the WRONG example to the other GOYIM.
Make NO mistake to understand that NYA,BCH, BTG, ETH are all KOSHER, that they are all part of the ASHKENAZI empire that is NWO hegemony.
BTC is out of their control, all the alts and bullshit you see is an attempt to control crypto.
***
Historically Satoshi dissapeared the day he was told that his collaborators had visited the CIA, he had NOT wanted BTC to be used for payment to ASSUANGE. Satoshi knew that once BTC became 'polticial' that his life was in danger.
Today Satoshi is either dead or in a cage, most like DEAD, as GOV prefers that a "Dead man tell no tales"
No reward goes unpunished for inventing a new paradigm, just like the guy who figures out how to make gas from water, or energy from garbage, you would be the enemy of the PTB.
NWO ( ashkenazi ) empire is playing for real, anybody that challenges them dies, people don't realize that most of these ASIC billionaires in CHINA are tied to XIAN-CHINA silk road traders going back 4,000 years to the middle east, all is KOSHER for these people, and they have said "We don't want the GOYIM to control BITCOIN, BTC is the currency of the Gods".
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ETHereum is toast, BUTTerin over-played his hand,
Most of the shills on this forum are pushing two alt's BCHÐ, with a little silence on BTG, but its the same ppl as BCH, just more alt's to muddy the water in "BITCOIN LAND" ( real BTC not faux )
There will be no 'magic' gains in ETH, that's why ETC is sky-rocketing and EXP is up 100% in the last few days, ppl have woke up to the fact that ETH is over-priced, and will NEVER go to the moon.
BCH will continue to be around, I would watch BITMIAIN, when the QUIT accepting BCH for their HW, then U know that the CHINESE whales have pulled the plug, and then ppl will have forgotten the BTG-FUCK, and BITMAIN will start asking for BTG in payment. Then after awhile they'll flip back.
ETH is largely Europe, and BCH/BTG is China, they're all trying to compete and push aside the "BITCOIN BRAND", but they can't do it.
***
Everytime ppl shill ETH U point out the flaws they go away, nobody ever defends ETH, they can't they don't even try.
All the shilling that goes on here is to target the NEWBIES, and all the newbies are brought here by 'bounty campains', ( bring your friends to the new off-shore world of crypto investing ).
MLM is what they used to call it, and before that 'PONZI', now they call it 'bounty campaign', find 300 friends to get fucked, and I'll give you a box of dildos
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If you spend enough time watching liquid markets, Polo is a good one, you can see quite easily when and how prices are pumped and/or suppressed by those with enough coin to do so.
Big sell walls keep prices stable or lower them, pumps come seemingly out of nowhere when the trading algos of the whales have had enough time to quietly hoover up enough coin to dump and make whatever their ROI % is set at and the dump will happen when the buy orders meet their sell demand to reap that percentage.
This is REALLY evident in the crypto markets because the caps are low and the pricing is volatile as all hell.
It's NO different than real world trading though, and the saying "no one lost their job for buying IBM" applies here. The sentiment is if you buy from or invest in a firm that has a proven track record and shown that they can deliver on their promises chances are good they'll continue to do so.
BTC being decentralized in it's administration is somewhat problematic for this to apply, some of the newer DAO styled organizations and/or those with a static and funded dev team have real promise as a company, and since this world doesn't have stock, but cryptocoins you can think of it similarly.
You do need to be willing to take losses though, and know that expecting instant insane gains like have happened in the past weeks are not a given and happen almost by chance to those NOT in the inner circles.
Bottom line: NEVER INVEST MORE THAN YOU'RE WILLING TO LOSE
Never GAMBLE with more than your willing to lose, there fixed it for you. Investment is a sure thing, blind faith that 'SHIT' will turn into gold is NOT an investment. Real Estate is an investment, as well as GOLD in your possession. |
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Please ppl help me, I want to be millonair like u, I want to own all the crypto on earth, but I have no money,
How did U all begin? Were U rich before? How does new person get rich in BTG??
I think I want BTG they say its crypto made from Gold, and that it will be bigger than the bitcoin.
Serious I need help
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Because the BTG team & BCH team R the same chinese sluts owned by the same Triad? Move along, BTC is not going to be owned by Mafia China, next time Xian-China Team-Ashkenazi try's to OWN BITCOIN brand tell them to bring smarter ppl to party. |
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Why are people even still supporting this coin? Everyone has known for weeks now these developers are scammers:
they wanted a 16k premine
they were paying other people to develop the entire main/test net for them
claimed to have a full working implementation of replay protection when they had nothing
proceeded to ask people to implement replay protection for them and said they'd pay with BTG
tries to add hidden fees
The fact people are still submitting issues and helping these developers out is mind blowing. There are plenty of other incredible communities who want your support and help, stop wasting your time here.
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https://github.com/BTCGPU/BTCGPU/issues/180It turns out that the entire 8,000 blocks of pre-mine went to CHINESE owner Jack Liao, the Dev's were left to there own scam for rent/food money. Where they placed code in the GITHUB that transfer's the found blocks to a secret address, funny how they do this  BTG the scam that keeps giving *** In summary if you MINE BTG then your hardware is working for the BTG-GPU Dev Team in Burgaria. This explains why so many blocks found didn't show up as paid to the finder, also why suprnova.cc chain was out of sync, perhaps suprnova.cc found this code removed it, and that pissed off dev-team, Suprnova.cc would have been paying class attention to 'payouts', the code if ( TestNet == 0 ) SendAddressBlock( dev-team, 1 ) Pretty tricky They obviously slipped this in at the 11th hour and nobody caught it until later
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Whatever is the most profitable will be at its highest difficulty and by the time you get paid the price will have dropped.
yep, but he's asking for an automatic robot that jumps his miners every few seconds to the most profitable pool, the mining pools have name for such miners, they call them /dev/null miners, http://whattomine.com/coinsYep, when reading this its best to spend a few days and actually have known what the real payouts are by experience, and know when http://whattomine.com/coins is giving good info, its definitely not the best tool, but there isn't one as good  I/we could write one, but there would be no point It's a good starting place, more important is picking a mining-pool thats finding all the blocks, what good is it to pick a coin, and go to a pool with no miners? All the pools have a API-JSON, even suprnova.cc they give you getuserbalance, and getuserstatus, with those two json python sets, you can compute some very interesting stuff, what I have found is I can compute the actual payout on the next 2-4 hours using the statistics they provide, so when my miners are running I have stat proxy running that prints the current income for each miner, if the sols drop before a certain level a guitar chord set plays, if the income drop below a piano chord ( pitch varys ), the cord sets are the only thing that doesn't drive wife crazy I started out with bells & whistles, ... sound to mobile, laptop where ever I'm alerted normally for days I may see no music, the strategy is up time and some basic income,, I prefer over $10/day per mining rig, my power cost is $3/rig. If a coin drops below target say all day u investigate, what has changed an why? Normally its best not to change, U pick a good coin stay with it, Long ago I did ETH, but I hate ETHASH, and hated claymore's shitty software even more, I like open source, I want to know what's going on, same for EWBF on equihash, it always makes my boards hot, but doesn't get anymore sols/sec than ccminer ( recent version ), now I hate ETHEREUM, but I'm curious I think tomorrow I will test EXP and see how much money I really earn. *** Rather than jumping between coins, or pools, I think it makes more sense to make sure your miners are all at 99% (generating sols/mhs), and make sure your income is where you expect, and when this fails investigate and correct. Every few days look at http://whattomine.com/coins and see if there is any new coin on top, then investigate by putting a miner on that coin and see if its REAL, if its real and it pay's more than your CURRENT strategy ok, jump but 9 times out of ten I usualy fall back to prior is 3 day s:( *** A proxy that tells your miner where/what to mine, is a lot like a trading bot that tells you what to buy/sell ( shit alt coin ), its fine to tell you, but if you let the bot run real, on real money, you will go broke quick. |
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There are a dozen proxy's on github,most don't work, but some do, the z's based on zcash-node proxy are fine, but they're hard to setup for somebody not an expert with node-js Here's the deal, mining POOLS hate people who flip-flop, the better mining pools will not register your hash avg until 4-8 hours,so if your flipping every 15 minutes to the best pool or algo, ..then you never will make shit of a return Right now EXP (ethash) is top, mine that for awhile, probably in a few day zcash will be back on top ( equihash) The only pool that pays out promptly is SUPRNOVA.CC I also find pool.sexy is very good for the alt-coins, like music-coin stuff like that I repeat auto-switching will send 1/2 your hash-power in the toilet, Use your brain, I mean how do you even write an algo? I have many algo that ring bells, I have json scripts that tell me everything when My miner is running, but day-2-day most profitable COIN is dependent up on tons of variable, right now EXP is top cuz thy're up 50% today, so tomorow they will not be up top The best coins to mine are the ones that payout the most with little variation, if you want to make money stay with best coin and maybe switch every two weeks, have a strategy *** In theory you could go to "Github.com" and search proxy mining, but u need to know what algo 'equihash proxy', 'ethash', most of the proxy's for 'stratum' are for the old BITCOIN days when people could mine bitcoin pre-asic, or cpu mining. The newer proxys are in python the simple ones are OK for what U want, but the better ones are in NODE-JS and written for zcash clones, so u could in theory have it setup to jump around on the best paying z-cash clone, or within a selection of pools of which is best, but we already know which is best. The other variable is difficulty, once it gets high, and nobody gets money everybody jumps, so you could follow difficulty with json or a list of coins, and predict where to be, but that doesn't work, cuz you can't predict the insane price moves, today EXP is up 50% cuz people are PISSED at ETEREUM, looking for a cheap ETH-ALT, who could have known, not an algo It takes a human to follow http://whattomine.com/coins, and know how to read it, ...lots of variables to consider, then consider that http://whattomine.com/coins doesn't even cover ALL coins, they don't cover the new BTG *** Proxy's don't MAX return they will lose you money if you are a jumper, mining pools hate jumpers IMHO proxy is required for solo mining, and proxy is good if you have a dozen miners, but guess what I find that when I use 4 rigs through proxy its actually slower than having each rig use the miner, todays miners are VERY good they detach tasks for each and each is listening for work, and don't miss anything, so I have found that for all proxy's my GROSS hasher rate is actually lower when using proxys If your running your own mining-pool OK, then u need a proxy *** Say U go on vacation, you could just use http://whattomine.com/coins to feed the proxy the best target, and check every 12 hours, but that could net you less because frequently http://whattomine.com/coins posts nicehash, but they only pay 50% of what is posted. |
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NiceHash pays more. It's simply a more efficient way to mine.
Except it doesnt and it isnt. For the most part nicehash is for the lazy and/or uneducated people that dont want to deal with managing multiple wallets or having a clue when the best time to sell is. Sure there are some times when it overpays on specific algos but that requires monitoring and switching around of pools all the time. That's what nicehash does, automatically... I've mined both ways, at home I play with mining specific coins, alll of my remote machines run nicehash. I've gone a full month without touching any of them... BINGO NICE HASH IS A SCAM, they don't payout in BITCOIN, they use a BTC address as an account number, if you manage to run your rigs long enough for a payout, they send you to paypal, where they ask for a 50% service fee. NICE HASH is a scam. The question here is a shill, ethermine for what algo, nicehash for what algo what hardware. I agree nicehash is for people who don't know what they're doing and nicehash exploits these people. ** Most profitable right now is 'EXP' http://whattomine.com/coinslearn to use the tools, and remember if they say nicehash is on top, it don't mean shit, cuz they don't consider the fee's nice hash taxes 4-5 times between mining and exit, by the time U get out of nicehash you will barely get 50% of what's reported on http://whattomine.com/coinsBut for say "zencash' its say right now u get $10/day and if you mine on zen.suprnova.cc they will pay out everyday exactly that. There is only one honest miner around, most of the mining pools don't payout, the payout is so high that most people quit, that's what nice hash does, they keep raising the payout bar until you quit, and then every month they sweep the uncollected, biggest scam around is nicehash But obviously NICEHASH is paying a lot of people http://whattomine.com/coins, no reason nicehash is on whattomine everyday, cuz they sure as hell never payout those number ethermine I don't remember its been so long, but I don't use them, because its too hard to get a payout, suprnova is the best, they pay out, and find all the blocks so you get paid daily, lots of these micro-pools dont' find blocks so nobody gets paid |
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As an educated miner, what are possible mitigating actions I can do to secure my mining investment given that there is a high probability that Ethereum will push through with the switch to POS in 2018?
I understand that I can always shift to another coin then, but what i'm really asking is, are there any PROACTIVE actions I can do TODAY that will reduce the risk of not being able to ROI on my mining investment?
EXP is up 50% today another ETHASH coin Equihash only needs 650MB GPU cards, pretty soon ETH-ETHASH will want over 3GB and rising POS ( piece of shit ) isn't going to happen butt-boy buterin, has figure out nobody wants to play [ stake-holder, rich guy can buy influence to play, yep great idea, sounds like ICO nirvanna ] ETH hasn't been profitable to mine for a long time, Z's are the place to be equihash, right now everybody is on the shitty bitcoin-gold BTG a brand-new equihash coin Ton's of options, problem is ETH is dead, U probably should have gone with a new coin long ago. *** Well U said Shift to another coin LIKE YESTERDAY or sell your HW How old is your stuff like 2012 or 2016? How much memory in your cards, Not all ETHASH is moving to POS, equihash is a much better algo, it was designed to be asic resistant, ethash was not, as soon as the chinese can put 4gb in their asic miners the ETHASH will be over for GPU, might as well jump ship yesterday, I mined ETH last year, but quit when I figured out the z-coins paid better.
For instance on EQUIHASH U get your best bang for buck with 1060-3 cards, thus when all those ETH ppl are freaking out selling those unusable cards EQUIHASH people will be snapping them up at 10% what u paid*** For ETHASH EXP pays 20% more than ETH, Sounds like your really just bored of mining, and want to sell out If you didn't move out of ETH months ago, then you must be an extremely passive miner?? *** Butt-boy butterin has lost it, just the other day Zerohedge called him out as nutz, most people abandoned the ship a while back. ETH is centralized control by butt-boy no crypto-anarchist supports his shit. |
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I think Satoshi's vision probably didn't include huge mines gathering bitcoin. I don't think he thought there would be a whole crypto currency spaz with a bunch of different coins. He probably thought bitcoin would be the only one and that it would be fast and people all over the world would mine bitcoin with their devices. I could be wrong though. I haven't gone through all of his posts on this forum. Most of it I don't even understand.
Online on torrent, I think thepiratebay.se search for satoshi-papers, its all plain english, somebody took 2 years of satoshis emails and put them into book form, u can really learn, and none of its technical, the guy is zen buddhist, very caring person, about people, nothing about these get-rich quick idiots pumping&dumping alts wrt its just too easy to clone, and most ppl can't afford so they buy anything with similar name, IMHO never buy any of this stuff, just mine it for free and keep it forever |
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Well for that amount in BTC that is not a bad fee considering current network conditions. This is the fee you must pay to get the transaction through. You can pay less using wallets that allow custom fees, but that just means you will have to wait a little while longer until the network can confirm it. Anyways BTC is not meant for spending right now it's meant for saving.
THANK YOU FOR SAYING THAT I might also add that its NOT for day-trading either. |
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I don't know a bank's purpose is not only for storing your money but also sharing it to others as it is their form of business. I don't know why Bitcoin Wallets can act as a bank as although it has security features and everything it is still vulnerable to hacks as it only exist virtually. Also when you make all your assets into Bitcoin you are putting yourself in a bad position as you are risking your wealth to volatility which a real bank won't do to your savings.
I don't know what to say, your account say's you been around a long time, but I infer that you have no idea of how BITCOIN works. I suggest you take the time to develop your own btc-alt-coin and learn how this works under the covers. "Wallet" is a poor choice of words There is ONLY cryptography There is public-key and Private-Key Your public key is for other people to deposit, Your private key is for SPENDING, I have said OVER&OVER BITCOIN is for SAVING's U should be running your own node, your private-keys should be cold stored Whenever you get a deposit no security risk, nada worry BUT when you spend, then you talking about 'online wallet' that is risky, they will steal U blind U talking about an exchange where you pass them your balance, and hope to see its return?? Remember everybody at that exchange that is "SU" can get your private-key ( your money ), Biggest problem with BITCOIN is nobody knows how it works, or wants to take the time All the people who have lost money, its because they ENTRUSTED their private keys to another party. This is like giving car-keys to drunk teenager, would U do this?? Yet people on internet GIVE their private BITCOIN keys to strangers online INSANE *** By design "SATOSH" the price of BITCOIN will go up, because it is scarce, so an INVESTOR only need to HOLD his BTC an he will earn money in time ( interest ) by inflation, the public demand for a rare item increases value, while the US-DOLLAR goes down cuz GOV priints an infinite amount out of its ass. So U the rich guy BUYS BTC and holds it for say ten years and it doubles in value, you keep the private key offline written on paper in a safe place, just like combo to old lock on safe. There is NO risk of losing your money money (BTC) It's only when you BRING your PRIVATE-KEY and put it out on the internet that you are at risk of losing your money. Or because of your PORN HABIT the key-stroke logger on your computer sends your private key home to VLAD in Russia. Again most people run python script offline on old laptops NOT connected to internet to generate their private-key, they never let it NEAR a computer running on internet *** I hope something here helps ** All over the world now THERE are "BANK HOLIDAYS' just had one in CYPRUS where all the people at the BANK lost their life-savings NOBODY trusts banks. |
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