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381  Economy / Economics / Re: You should never trust banks on: March 02, 2017, 10:18:29 AM
I trust only banks which ran by government private banks take your money to cover their profits on way or another.
I think anything under government will be reliable mate. the government will not likely do a scam, even the government is prepared to be responsible for all damages that causes by the bank

Than why government are giving permission to private banks, really private banks charges are really very high. Why can't government start different banks according the cities so that people's money be safe. Instead of paying high transaction fee government should understand all these ethics to overcome different type of problems being faced by common man.
I think only in few countries the government gives permission to the private bank to operate. in my own country that does not exist. all banks are transparent and controlled by the central bank in the country

yes that is a fact that most of the banks are connected with central banks and are mostly under control of governments and that is the reason we can fully trust on bitcoin and there is no reason not to trust on bitcoin.

Can you give an example of one institution, that operates with bitcoin and can be fully, with no doubts trusted at the moment? Each of them can inform their users one day, that "Sorry, but we've been hacked. Good bye". Stealing money wasn't that easy anytime in the past. The more decentralized currency is, the more cautious you need to be when dealing with anybody - that's the price. I would not entrust any significant amount of BTC to any online service. Banks are controlled and transparent, but also have some duties to their customers.   

I know a Spanish bank is using the Ethereum system to transfer money.
382  Alternate cryptocurrencies / Mining (Altcoins) / Re: R9 Nano Modded Rom on: February 25, 2017, 10:23:22 AM
Does anyone have an R9 Fury? If so, what's the current hash rate for ZEC with the latest miners? Also, does anyone know of any custom bios for those?

Thank you!

For R9 Fury, the speed is about 400H/s.
383  Economy / Economics / Re: You should never trust banks on: January 05, 2017, 04:53:15 PM
The Bank can still be trusted, we still depends with many banks, transactions and money circulation can not leave the bank. And also the government always protect the bank, imposible for us if never trust banks.
The fact that people are dependent on banks, more like a conspiracy of the powerful against the world's population. Why do people even in rich countries do not all live well, although working for a lot longer for the rich. It's not fair. Banks simply rob people.

With the bitcoin, there will be more competition. So it is good.
384  Economy / Economics / Re: You should never trust banks on: December 22, 2016, 09:23:01 AM
I guess if the same thing that happened to OP happened to me, I would never trust banks but for now Ill say that I can trust banks. For years I am using bank to store some of my money and nothing goes wrong with it but I don't trust them fully, so I don't put most of my money in the bank, just a percent of it since I know from the start that a scenario of happening that is experienced by OP is possible to happen.

It is better to trust the bank than trusing many scam sites.
385  Alternate cryptocurrencies / Mining (Altcoins) / Re: Claymore's ZCash AMD GPU Miner v9.1 on: December 18, 2016, 05:02:44 PM
I will release new version in 1-2 days. Not all cards will get speedup, but at least Hawaii and Polaris will.
Forget Polaris, Tahiti is king!

Polaris is more efficient.
386  Alternate cryptocurrencies / Mining (Altcoins) / Re: R9 Nano Modded Rom on: November 29, 2016, 08:06:43 AM
Just thought I would share my benchmarking of the R9 nano.

All power measurements were done at the wall to be 100% accurate.
Benchmarks were done with: Claymore ETH - v7.4 (not dual mining)   &  Claymore ZEC - v8.0 (-i 4)

Stock:
1 gpu: ETH: 26.8 h/s Watts: 205w
1 gpu: ZEC: 272 h/s Watts: 200w

-100mV ROM
1 gpu: ETH:  22 h/s Watts:  103w
1 gpu: ZEC: 211 h/s Watts:  91w

-125mV ROM
1 gpu: ETH:   22 h/s Watts: 84w
1 gpu: ZEC: 217 h/s Watts: 90w

What an amazing piece of hardware, thank you for the mods.

It seems the the -25 mV extra memory undervolt just makes 1W difference. For my R9 nano, if I use -150 mV, they can run at 400 memory speed.
387  Alternate cryptocurrencies / Mining (Altcoins) / Re: Hacked Modified Memory Strap BIOS Database for ZEC MINING! on: November 22, 2016, 07:52:47 AM
anyone with 280x elypedia ? cant find it ;x

With Claymore V7, it makes very little difference. Just mine with stock BIOS and set core clock as high as possible.

what ya suggest as core then ?

280x?

Try 1100Mhz

I can't believe my 7950's are kicking my rx 480 8gb's!?

7950 166 sol/s
rx 480 8gb 161 sol/s

Any idea what settings I should use for rx 480 gtr

The 7970 has 384 bit memory bandwidth. So the speed is high. But the RX 480 is more energy efficient.
388  Economy / Trading Discussion / Re: I quit trading on: October 26, 2016, 05:43:09 PM

Correct, trading is  a risky investment  if you are  not  knowledgeable to it  but you could always lessen the  risk  if you  properly  studied on it and  know the   fundamentals of it.  In the case of OP trading is not  actually  made for him because  it seems  that hes not profitable with it.

And I agree too, in trading you will lose on others coin but you may also gain on others. But,what I like is that you can minimized your looses if you are well informed and vigilant whats happening.For long term trading you must be very patient, where some are not used to it.

the majority of the people here don't have the patience to hold their coins for the long term. these people expect a certain amount of profits every one or two weeks. just look at how many people complain when the price keeps calm for a week or so. they directly shift their focus to other investment options.

That is right. That is the reason why most people are not rich. If you hold the bitcoin since 2010, you will be very rich.
389  Economy / Trading Discussion / Re: I quit trading on: October 21, 2016, 07:59:59 AM
So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)

I have calculated all my trades on the various platforms i have used in the last couple years.

Deposited: 47BTC (roughly)

Withdrew: 40BTC (roughly)

Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.

Now the question is: what the fuck do i do now with my money.

Any tip from those things you have learned?


So many peopel are quitting with the trades to day i dont uynderstand them because trades makes allot of money you know and why do you want to quit with the trades
when you make money with it!!

If you are a professional trade and can make a lot of money doing trade, it is better to continue trading.
390  Economy / Trading Discussion / Re: I quit trading on: October 01, 2016, 06:29:04 AM
i think its best time to more hold your bitcoin for high price and i am sure that bitcoin will be soon increasing its price too much faster and people will be get a huge profit from bitcoin so you should save your bitcoin for short term investment i hope that price will be increase sooner.

If you invest in the bitcoin and do not want to trade, then just hold it for the long term. It will make you profits.
391  Alternate cryptocurrencies / Altcoin Discussion / Re: So where's the ethereum exodus? on: September 21, 2016, 04:54:44 PM
I would have to agree with Minecache. Many expected that there will be an exodus from ETH. I will say that I am also guilty of thinking about it too. For me I was expecting a good possibility that more miners will transfer to ETC and then followed by some of the supporters making it the major chain. We were wrong and I will be the first one to admit that. ETH is still the major chain and ETC the minor one. Now the next step I want to see is for both of them to diverge and live on their own and stop all the fighting nonsense between the two.

Me too.  But I'm waiting until the next big exploit on a famous ethereum contract happens.  As not much is happening, smart contract wise, this can take time.


We need to wait for the next big Ethereum app. That could be the Augus or another app. The price could rise a lot.

It is quite possible the Etheruem price will rise a lot in the next few months. I heard the Devcon2 is a good success.
392  Alternate cryptocurrencies / Altcoin Discussion / Re: So where's the ethereum exodus? on: September 11, 2016, 09:29:57 AM
After market denial and fear there's usually panic to follow. Give it some reasonable time before you come to conclusions.

I think I have given it two months to see the great exodus. But there is no big price drop now. The price is still above $10.
393  Alternate cryptocurrencies / Altcoin Discussion / Re: So where's the ethereum exodus? on: August 25, 2016, 05:02:16 PM
After market denial and fear there's usually panic to follow. Give it some reasonable time before you come to conclusions.

I do not see any exodus for the Ethereum. I think the Etheruem has bright future if it still has community support.
394  Alternate cryptocurrencies / Altcoin Discussion / Re: So where's the ethereum exodus? on: August 03, 2016, 06:33:02 PM
There is no Ethereum exodus now, but large entrance of the Ethreum. The trading volume is huge.

I think there is a lot of ETC/ETH trading, because the overall market cap of ETC + ETH is slowly but surely falling.  Since the fork, almost 15%.


That could be right. But some people bought the ETC very cheaply. They will earn a lot by pumping it.
395  Alternate cryptocurrencies / Altcoin Discussion / Re: So where's the ethereum exodus? on: July 20, 2016, 04:22:57 PM
They've just showed that contracts don't matter. To trust them now is completely illogical since there is no basis for trust.

Anyone with sense will get out now.

I reckon you do not have any Ethereum now. But did you short the Ethereum to make some profit?
396  Economy / Speculation / Re: Everyday where the price hasn't exploded to the moon yet is celebration day on: July 06, 2016, 10:53:52 AM
Well I trust bitcoin now. I add some to my stash day to day accumulating it hoping it would have a very big value many years from now. At first I doubt bitcoin but now I fully trust that it will meet my expectations.

I am doing the same. I am trying my best to collect the bitcoin. I hope I can get 10 bitcoin in 10 year's time.
397  Economy / Trading Discussion / Re: Should I do a one off buy or spread the buy out? on: June 22, 2016, 11:25:38 AM
I am still following my strict routine of buying $X worth of BTC at a fixed day on a monthly basis, regardless of the BTC price. Let's say you budgeted $500 for investment, then every month on the 5th, you buy $500 worth of BTCs. We just have to think of BTCs as a form of shares investment.

That is a good method. The potential of the bitcoin appreciation is much larger than the share investments.
398  Economy / Trading Discussion / Re: Should I do a one off buy or spread the buy out? on: June 10, 2016, 07:44:44 AM
I wonder do exchanges give you discounts if you offer to buy in huge quantities.

I do not think so. But the Poloniex has some discount in fees if you are a big trader for some time.
399  Economy / Speculation / Re: Everyday where the price hasn't exploded to the moon yet is celebration day on: May 27, 2016, 08:29:33 AM
The price is $478 now. It is going up very fast, about 5% in a day. So there is a possibility the price will go even higher.
400  Economy / Speculation / Re: Everyday where the price hasn't exploded to the moon yet is celebration day on: May 13, 2016, 05:19:55 PM
The price is indeed low long term, but one always has the doubt if it is low short term and can buy a little cheaper, or sell and rebuy lower lol.

The price is trading between $445 to $465. So we can buy at 445 and sell at 465. But we might miss out if the price rises above 465.

That is right. After you sell at $465, and the price jumped to $470, will you buy again or not buy?
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