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41  Alternate cryptocurrencies / Speculation (Altcoins) / Re: do you think litecoin price will go up soon ? on: September 05, 2016, 02:26:28 PM
I think it is unlikely that the price will go much lower e.g. below 0.0055. Historically, this barrier held quite steadily. Given this we might see further price appreciation in the near future.
42  Alternate cryptocurrencies / Mining (Altcoins) / Re: PCIE Expansion boards for GPU Mining! UPDATED W/ PRICES on: September 01, 2016, 12:40:28 PM
I think these expansion boards are too expensive. It is better to just use 6 or 7 PCIE slot monthboards.

The cheapest 7 slot motherboards I used was the MSI Z77A  GD-55. The price was about $160 then. So not too cheap.

This motherboards kept its value. I bought one for $160, and used it for two years and sold it for the same price.
43  Alternate cryptocurrencies / Mining (Altcoins) / Re: Radeon released RX 480. (Card is Released) on: August 19, 2016, 08:42:12 AM

that must be wrong, i have one working at 91%


For the 1000W output power supply, it can output 1000 W, while it can draw 1000W/91% 1098W. So it still has some redundency.

it is actually higher than 1098, with mine the peak was 1200w for power in

If that is the case, then the efficiency of the power supply at 1200W for power in would be much lower than 91%.
44  Alternate cryptocurrencies / Altcoin Discussion / Re: ETC now number one coin in Poloniex (surpasses ETH in volume) on: August 17, 2016, 12:14:52 PM
Although ETC has big volume but still there is not wallet ETC for android and it is make me doubt in ETC because there are not support or innovation for it.

Coins don't have to be functional in this space for people to invest. If it exist, people will speculate on it. The overwhelming majority of alts don't have dedicated mobile wallets, hell, most of them don't really survive that long.

Funny that you mention this. Right now Maidsafe is getting pumped the fuck out and it does not even have a proper wallet yet. Hell even the token (MAID) was supposed to be a temporal token until the Safecoin gets released. I think its an interesting project but im not sure if its viable.

The pump of the Maidsafe is finished. The Dash was pumped yesterday, but it also finished. I am wondering what is the next one.

The next pump could be TEC. It is possible to be the last pump before the price crash caused by the DAO hackers.
45  Economy / Services / Re: INCREASED PAYOUT(7/13) ۩۞۩ secondstrade.com ★signature campaign★upto0.00051/post on: August 13, 2016, 12:15:26 PM
I am very happy to tell the OP that I am now a senior member, please update my status  in your list.
46  Alternate cryptocurrencies / Altcoin Discussion / Re: ETC now number one coin in Poloniex (surpasses ETH in volume) on: August 13, 2016, 09:26:07 AM
ETC is now number two coin in Poloniex (surpasses ETH in volume), the number one is the maidsafe coin.
47  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Who will be the next victim for Vitalik to dump his Ethereum IPO scamtokens on? on: August 13, 2016, 09:24:09 AM
Who knows if this was all an inside job at this point. Look at this shit:

http://cointimes.tech/2016/08/12/etcdao-stolen-coins-frozen-by-exchanges-was-sent-by-ethereum-foundation-developers/

I cant believe anyone is still supporting ETH instead of selling and going all in on ETC.

That is old fud news. The last information can be found:

https://www.reddit.com/r/ethereum/comments/4xasg3/follow_up_statement_on_the_etc_salvaged_from/?st=irs01o2h&sh=aa71daa2

From the link, it seems those over 7 million ETC will be returned to the original owners. I am wonder if the other 3.6 million ETC will not returned or not.
48  Economy / Speculation / Re: The price drop on: August 13, 2016, 09:22:42 AM
I do not see any price drop at the moment. The price of bitcoin is very stable. It is preparing for the next rise.
its simply because the price is not dropping right now, i think it is soon going to grow a lot
it will grow or it will not, it is too risky to predict something accurate at the moment, no one is safe that another hack of an exchange will not happen

I am 100% sure that this wasn't the last hack of an exchange that we have seen. The only thing we can hope for is that when an exchange gets hacked again, that the damage is very low. Other than that, there aren't much solid exchanges left for BTC/USD trading beside Bitstamp and Kraken.

If a small exchange is hacked and a few bitcoins are lost, the damage is low. But for the Bitfinex exchange, 120 k was hacked.

If the hacker does not move the 120k coins or sell it, then it is like holding the coins, the bitcoin price will rise.
thats true though with the whole market he cannot dump that all at once so either way the price is going to grow in order for others not to recover him as the hacker

The hacker cannot sell in exchanges as he will be caught by doing that. He has to use mixers to do the mixing first.
49  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: August 13, 2016, 09:21:39 AM
Crickets.....may as well get used to it, these geniuses have bigger problems now than rolling back bail outs lol!

What problems:

The next 2 Forks are on the schedule for the Ethereum Foundation:

1) Metropolis

and

2) Serenity

Therefore, whilst you lot moan and groan on this ANN about history, everyone else is continuing with Network development.



That is planned fork and is essential for the development of the Ethereum. I have no problem with that. Maybe the ETC will not fork.

Ethereum Foundation should make those Scheduled Forks difficult for Clone-Crap-Coins to implement Grin

The ETC is independent now. So it shall not copy and past the codes from Ethereum. It might employ its own developers.
50  Economy / Economics / Re: 1,000 bitcoins on: August 12, 2016, 10:10:19 AM
Hi,

I just recently bought 1,000 bitcoins and want to use my position to be an OTC trader. I understand that many people are selling and buying bitcoins at 5%, I thought I can sell or buy bitcoins at 3%. So those who are selling and buying at over 5% can buy or sell bitcoins from me to sell to their customers to make 2% or higher (this figure comes from over 5% - 3%) so I can make 1% or 2% and those selling and buying over 5% can make the difference. It's kind of arbitrage for otc traders.

PM me if you are interested Smiley
It is very difficult to believe that a person who invested about 600,000$ investment has invested them to do arbitrage, although it is a way for making money but the way  you are spending your time to make money seems a bit different with others.

Arbitrage is a safe way to make money. Although it is less profitable, but it has much lower risk than trading.
Arbitrage involves simultaneous buying and selling of a stock in spot and future so that we can gain from a difference in the price. To be profitable, an arbitrage trader has to do it often. The true arbitrage trader does not take any market risk. He structures a set of trades that will guarantee a riskless profit, whatever the market does afterwards.
Yes, but the profit is extremely low, I do not know exactly how much it is, but the guy who has only 600,000$ bitcoin is already rich, who does he need to do small profit arbitrages? It is the thing which does not seem logical.

If you have $600,000 bitcoin now, you will be multimillionaire in a few years time. That is very sure thing.
51  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: August 12, 2016, 10:08:43 AM
It is very obvious there are posters on this forum that are hell bent on continuing to put Ethereum down anyway possible. They are not here to simple discuss things related to Ethereum. They can easily go to or create their own thread. These posters are going out of their way on purpose. This shows their malice. The arguments they bring up are so ridiculous, implausible, historical contradictory, and without any kind of credibility that they are not worth the time to bother about replying to. This may very well be the continuous co-ordinated effort by very few to try to keep etc alive in all ways possible. They are trying anything and everything.

The simple consideration that they could be trying to build there own community in there own space getting on with their own thing instead of doing this shows the psychology intent behind them and what they are all about.

The way things have and are historically playing out, continually enforces that the hackers and now any affiliates have alot to lose in this, and their whole world will be to extract as much out of this as possible. They are dealing with life changing amounts of money for themselves. Coupled to some peoples want to destroy Ethereum that will only be allayed by them trying to take control of it.

Amen.

Forkers tried very hard to destroy Ethereum but they couldn't.  They should move on to some other space to whine. This thread is for Ethereum.

The Ethereum Classic has already declared its independence, so it should create a thread for its own.
52  Economy / Speculation / Re: The price drop on: August 12, 2016, 10:05:02 AM
I do not see any price drop at the moment. The price of bitcoin is very stable. It is preparing for the next rise.
its simply because the price is not dropping right now, i think it is soon going to grow a lot
it will grow or it will not, it is too risky to predict something accurate at the moment, no one is safe that another hack of an exchange will not happen

I am 100% sure that this wasn't the last hack of an exchange that we have seen. The only thing we can hope for is that when an exchange gets hacked again, that the damage is very low. Other than that, there aren't much solid exchanges left for BTC/USD trading beside Bitstamp and Kraken.

If a small exchange is hacked and a few bitcoins are lost, the damage is low. But for the Bitfinex exchange, 120 k was hacked.
53  Economy / Speculation / Re: 666 barrier on: August 12, 2016, 10:03:49 AM
I think it was just a coincidence that it was getting stuck at that price. It will move off of that once the price rebounds again.
Eh, it always seems to get stuck at numbers like 420 too.  I think some people place buys at those numbers just to laugh at the chart, or think its a lucky number to go in at or something.

The bitcoin price is about $590 at the moment. So it is not stuck at $420. I think it will rise to $600 soon.
Actually price has already surpassed well above 600$ in few exchanger, i think we will soon see 700$ again after one or two month.

That could happen. I did not notice any bad news about the bitcoin at the moment. So the price will rise.
54  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: August 11, 2016, 08:34:04 AM
Solo mining ETH....

What would be a good hashrate to have to see at least 1 block found daily?

I'm just curious...

Short answer:
If you mine ETHC you have x7 better chance of finding a block than mining ETHF.

The problem of mining ETC is that the ETC price is dropping fast. It is better to mine ETH and sell ETH for ETC, you will get more ETC.
55  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining ETH or ETC on: August 11, 2016, 08:32:32 AM
I must say , i believe ETH will strive

If there is good development of the ETH and people use it for their business, then the Ethereum will prosper.
56  Economy / Speculation / Re: should i go 50/50 with gold and bitcoin? on: August 11, 2016, 08:31:18 AM
naah, just go with bitcoin and nothing in gold, that would be the best option to do in my opinion because the bitcoin price will grow so you will make money

i do agree that bitcoin is by far the better investment option compared to gold, but people keep sticking to gold as they see it as last resort currency when fiat has no value anymore. it's quite a doom scenario, but some people think it might happen at some point.

But the fact is people are not aware about other investment options apart from gold especially with bitcoins, as not many are aware about it and that is an major issue.

Other investment option could be stocks. But the stocks price is too high at the moment. They will decline soon.
57  Economy / Speculation / Re: 666 barrier on: August 11, 2016, 08:29:38 AM
I think it was just a coincidence that it was getting stuck at that price. It will move off of that once the price rebounds again.
Eh, it always seems to get stuck at numbers like 420 too.  I think some people place buys at those numbers just to laugh at the chart, or think its a lucky number to go in at or something.

The bitcoin price is about $590 at the moment. So it is not stuck at $420. I think it will rise to $600 soon.
58  Economy / Speculation / Re: Be sure, this will drop hard soon... and here is why... on: August 11, 2016, 08:24:41 AM
That is great sign price is rising consistently and it would be much easy to get recover the last level before end of the current month, this could be go up to $1000 into this year and some big experts predicting in the beginning of the new year it will cross the $2000. 

I do not expect the bitcoin price will be $2000 in the beginning of 2017. That price could be reached later 2017.
59  Economy / Speculation / Re: $0.0001 of value for 1 Bitcoin in the Year 2020 on: August 11, 2016, 08:21:43 AM
According to me The Bitcoin Price Has High Volatility And the Price of Bitcoin Depends Upon Demand, Supply and Many Other Factors.....
So No One Can Predict the Bitcoin Price Accurately........

We cannot predict the bitcoin price accurately. But we know the bitcoin price trend is up if it is developed well.
60  Economy / Speculation / Re: The price drop on: August 10, 2016, 08:16:25 AM
I do not see any price drop at the moment. The price of bitcoin is very stable. It is preparing for the next rise.
its simply because the price is not dropping right now, i think it is soon going to grow a lot

it dropped only because of that stupid hack on finex, it will recover very quickly just a matter on when the next wave will begin, panic pump it's on its way

and I think a lot of people get carried away in panic by news bitfinex hack, so they sell their bitcoin.
to the current price of bitcoin has recovered, and soon returned to $600, maybe it could happen later this month.

That is my thoughts as well. I think the stability of the bitcoin price in the last few days indicates people are not panic.
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