This run up to 5K may also be irrational with the segwit2 fork and other FUD to be tossed soon....so I'm assuming it will get to 5k ...people will break under that pressure and sell....like
the last time it was 5K and with the FUD on the forking and other spam ...we will slip back to 3.5k again and then repeat up to 5k ..hopefully as you say...more steady and sure

anyway, hope I'm wrong but how I see it playing out now

shoot me a link for an exchange taking it etc etc

They give any clue on the batch size..curious....from my guesses ..you can add this batch to the other 4 batches by bitmain in the wind (5 if they launch a batch this week)
at around 10k plus a batch..

my newbie dreams of mining in 2013 are repeating...betting on a price pump on scrypt pow to get me out this hole on scrypt pow miners (or at least keep it going)

I hate regressing to 2013 and newbie coin pump dreams to get me out of equipment jams....You'd think I'd moved past that..alas ...not so

I also agree. Odds are long. But then again Donald Trump is President of the USA. So hell
anything is possible. 🙈

Well, my 'old school' way from 2013 onward to earn BTC w/o investment ....is convoluted..in the sense I had to buy the right equipment for mining at the right time.

Thus, I mined my way out. I got MORE BTC out of the mining then I put into the equipment. Thus once the equip was paid off and of course HODL from 2013 till now,

I have NO $$$ into crypto ...but what I mined after paying the equip off and of course HODL!

Thus, whatever BTC you have after the above..is CLEAR AND FREE of any debt. Whereas, if you invested in BTC at 150 usd, and it goes to 5,000 usd, you will
always have 150 bucks INVESTED on that return.

Anyway, in my mind, it does not work that way with BUYING crypto and taking that off your profits...as a way out of the hole of debt to get started accumulating coin, but that is likely just me justifying mining and a hobby and justifying, buying miner toys

But, mentally, and to get an accumulation of some real numbers in crypto or BTC this is the only 'mind game' you can play, imho to make the OP's point on this thread.

Otherwise, if buying cypto, you always will have a fixed cost of what you paid. With mining coin, you have a fixed cost after the equip ROI's or in my view 'mines its way
out of debt"

again, I'm odd but how I look at my hoard now

I use www.litecoinpool.org/calc as my 'low' baseline on what my miners are making. I do get say 10-15% more on prohashing. But as a
rule of thumb and watching the trend of difficulty go up and profits go down it serves its purpose.

As of today, 10/08/17 at 1:38am CST USA...I have the following

At 12c kWh prices for electric and a price currently of $52.69, (https://www.worldcoinindex.com/),  at this moment, I get the following profits.


KNC Titan $4.62 per day.

Below $4.61 per day in LTC profits. Below is for a 300mh KNC Titan (4 cube) at 1,250 watts.

                        Expected Rewards          Electric      Profit
24 hours   0.15583008 LTC   8.21 USD   3.60 USD   4.61 USD
7 days   1.09081055 LTC   57.47 USD   25.20 USD   32.27 USD
30 days   4.67490234 LTC   246.32 USD   108.00 USD   138.32 USD


Bitmain L3 is $5.69 per day.


Below $5.69 per day in LTC profits. Below is for a Bitmain L3 250mh at 400 watts.

                        Expected Rewards          Electric      Profit
24 hours   0.12985840 LTC   6.84 USD   1.15 USD   5.69 USD
7 days   0.90900879 LTC   47.90 USD   8.06 USD   39.83 USD
30 days   3.89575195 LTC   205.27 USD   34.56 USD   170.71 USD


Bitmain L3+ is $11.38 per day.

Below $11.38 per day in LTC profits. Below is for a Bitmain L3+ 500mh at 800 watts.

                        Expected Rewards          Electric      Profit
24 hours   0.25971680 LTC   13.68 USD   2.30 USD   11.38 USD
7 days   1.81801758 LTC   95.79 USD   16.13 USD   79.66 USD
30 days   7.79150391 LTC   410.53 USD   69.12 USD   341.41 USD


Again consolidated below, AGAIN, this date/time/etc (See beginning of this post)

KNC Titan $4.62 per day.

Bitmain L3 is $5.69 per day.

Bitmain L3+ is $11.38 per day.


So to recap...without some MAJOR price moves on LTC or scrypt pow (again the calcs used here are LTC only ..you will make more on multipool like prohashing)
we are gonna get messed up bad on this looming difficulty wave yet..and plow the surfboard into the beach.

So, will the price rise on pow-scrypt to compensate for difficulty or will our scrypt-pow miners of any flavor be doorstops below such a difficulty plateau
just out of reach for us to continue to run them say by Jan or Feb?

I hate my return to 2013 and 'newbie hopes' of the price rising to justify equipment..it is sooooooooo a fall back into those bad habits..but at this point
thems the breaks..price pump or equipment dump to doorstops on the horizon.

Again, note that the litecoinpool calculator is simply being used as the 'low' on what we can get. You will get more on multi-pools like prohashing.
But the above shows the 'bottom' on price per day imho.

Also, as far as I can tell there are still at least FOUR major dumps of Bitmain L3+ equipment and ONE major dump of the bw.com equipment that also dumps
in middle of November. So I would expect that at the present sideways price spread of LTC you would be looking at 1/2 of the profits I post here by say Dec 2017,
when all the pow-scrypt equip clears. More if Bitmain shoots even more out like toasters.

Thus my posting of the above this time/this date/etc....

We will be the first to know I guess.....(shudder)

later

Well supposedly my bitcoin CASH is still on my orig bitcoin chain (bitcoin core) as I did not go thru the process of moving it off since the snapshot...thus if you leave the wallet alone

(stall) you can probably get by. Myself, I don't want to convert the snapshot on any fork to crypto in that would be, imho, a 'taxable event' for the IRS at the snapshot date. I'm hoping

if I just frigging leave it alone, the IRS will treat it like a stock split you sell it you pay 20% capital gains after a year and a day etc (2013 IRS guidelines on cryptocurrency)

Just because people are forking and tossing supposed $$$ at my blockchain (the bitcoin cash snapshot is 280 bucks I think) does not mean I have to move it yet.

or so I assume....for now

Hi,
I also would like to join your campaign.

Username: Searing
Rank: Legendary
Post count:: 5947
Profile: https://bitcointalk.org/index.php?action=profile;u=99165;sa=summary
BTC address: 1PbhCD56EE1ur45UvTca5wEUkAPpTi25oq

I will also change sig & avatar right
after confirmation. Also sent you a PM.

Thanks!

Searing

OK...let me get this straight..say you have 100 btc you get 100 bitcoin gold on the fork....BUT they are going to mine with GPU from then on, using the equihash protocol...

thus after a week or so ..the GPU stuff will blow past the fork of 100 btc to bitcoin gold..thus making this fork you got for you 100 btc simply dust? ie blown past with more made gpu coins

thus diluting your stake big time?

I mean really, GPU mining, equihash, dubious fork...what is the price gonna be for a bitcoin gold coin....at the start....? say 1 bucks ...so you have 100 bucks to start off

and as said above, the GPU's kick in and flood the market making the price more like 10c a coin? Again, making your supposed 100 btc airdrop essentially worthless quickly?

correct me if I am wrong...but if the above is anywhere near true...I'm wasting my time even watching this thread or doing this post

Is this supposed fork going to have a 'snapshot' on Oct 25th? or is the previous post above true and  it has to sit in a 'wallet' quote a few messages up correct....

If it is a 'snapshot' I will still think bitcoin gold is silly as f*ck... but I'll get more than dust out of it in paper worth...so meh.....whatever....

wtf is the exodus wallet? So they are gonna fork to BTC gold...but only if you have all you btc on a wallet I never heard of?

yeah ....that is not a true fork...that is a gimmick

   



   


   

that won't change the dev of dashcoin likely holds half the coins and i heard he has half the nodes....they won't change imho.

(should probably research this ..what I was told anyway about dash)

Well, unless the 'newbie dreams' come to pass and the price of LTC pumps. (I hate regressing and relying on newbie dreams. But with bitmain putting them out like toasters, the only shot)

Anyway, if the price is more or less the same for LTC in 30 days you'd be lucky to get $9 vs $19 you claim per day now. I mean really lucky. There is that much bitmain 'toasters' hitting the world.

All pray to the ASIC gods for a price pump on pow-scrypt, or we are beyond screwed.

Just go to www.prohashing.com a multipool...mine with your scrypt-pow, and or x11 (what I do) and just get paid out in whatever you want

dash/ltc/btc/etc at the present time all my equip is being paid out in LTC ...even the x11 miners...

easy peasy...better odds imho

The trick is to pick the right coin to get on the payout for your supposed pile of coins....and/or for hoarding purposes or whatever

picking that is the trick ....works the same as solo mining 1 particular coin w/o the hassle with diff flavor's of asic equip too boot

Ack! That's cold! ....