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4001  Alternate cryptocurrencies / Speculation (Altcoins) / Re: missed $Doge, missed $Shiba, I have bought $Dogira on: May 14, 2021, 05:25:40 AM
This is going to be similar to 2017 and how the ICO craze went. People basically saw that ICOs were netting people crazy returns that they started to buy any ICO that was launched and they also made big returns. And as time went on the returns weren't as big and eventually people started to lose money on them.

People are basically copying these SHib clones because it went up parabolically and they want other coins to do that also, there is a new token released almost everyday and people are trying to get other people to buy so they can sell their bags. Becareful buying these illiquid tokens. Just buy and hodl BTC instead.
4002  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Dogecoin will drop 90% more, better cash out to BTC now on: May 14, 2021, 05:23:08 AM
Seems Elon Musk is pumping Doge again, his tweet made it go up 20-25% almost instantely. And his tweet doesn't really make any sense. No idea why he posts some of the stuff he posts. Saying he is working with Doge devs to make the network more efficient for transactions. However I don't think Doge has active devs anymore.

Another issue is that the amount of energy has nothing to do with the transactions but more with the network hashrate and difficulty. Both are POW and if Doge gets large enough it would burn as much electricity as BTC pretty much. Both algos are inefficient.
4003  Alternate cryptocurrencies / Mining (Altcoins) / Re: When selling your GPUs, do you leave the modded BIOS or revert to the original? on: May 14, 2021, 05:04:27 AM
You should put the original bios back in there. If you never took a backup go to vga bios databse (google it) and download your bios from there. The reason why is that an unsigned bios won't load properly after the drivers are installed, they will get the Code 42 error and then call you up and demand a refund.

You will have to guide them how to flash the bios and most people probably won't know how to do it or they will do it incorrectly and brick the card and you will have a headache. So to avoid these issues always remember to flash back the original bios.

Also when you make a backup, label it with the serial # for that particular card, since the same GPU could have different revisions and different memory chips which means the bios is different.
4004  Alternate cryptocurrencies / Mining (Altcoins) / Re: How to multi mine LTC and Doge at the same time? on: May 14, 2021, 04:58:52 AM
The way it works is that when you find a share, it might not be large enough difficulty for LTC but might be large enough for Doge and you at least get to find the block for Doge. So when you are mining the pool basically is transacting with both blockchains and you pretty much don't need to do anything on your end.

The reason they did this was to secure the network because the price of DOGE was extremely low years ago and the network could of gotten attacked very easily. There are many coins that are like this. I think with BTC you can merge mine Namecoin (if that still exists) and from what I recall when I merged mined the payout was so low that most of the time it wasn't worth sending it to the exchange to sell those merge mined coins. However Doge is very valueable today.
4005  Economy / Trading Discussion / Re: Difference between Limit and Market button on: May 13, 2021, 02:59:02 AM
Limit price you need to set a price, you can't just click Limit and expect the order to fill. Market all you do is type in the volume you want to sell or buy and click Market and it will fill at the best bid/ask there is.

If price is $50,000 and there is a bid at $49999 and an ask at $50001. If you do a market buy, it will buy it at $50001 and not $50000 which was the last traded price. If you do a bid at $49999, it will only buy it at $49999 if someone market sells to you at that price.

Let me know if this makes sense. I can explain better if you are confused.
4006  Economy / Speculation / Re: A Hint from Mark Zuckerberg "Max" & "Bitcoin". Have Facebook invsted on Bitcoin? on: May 13, 2021, 02:55:32 AM
Bitcoin is not a name that you give to animals or even most pets. I have no idea why he posted that photo with the goats. He likes to play mind games and there probably is some reason why he posted the photo with the 2 goats.

If I had to guess, I don't think Facebook invested in BTC because it would be too easy to guess that by his FB post. Most likely he posted that to lead us to believe they bought BTC but instead they did not and it was just sending us on a wild goose chase. No idea.

We will see what happens during FB next earnings call, only then will we put this mystery behind us.
4007  Economy / Speculation / Re: Bitcoin Dominance Update on: May 13, 2021, 02:51:48 AM
There are alot of indicators that are pointing to the fact that we might be near the top or the top was $65K. Look at how alt coins are pumping lately like Doge, BCH, XRP, EOS, etc. Also look at how people are pouring billions of dollars into joke coins like SHIBA or ELON or AKITA or others.

People on Tiktok are investing $100 and turning that into pretty much $10,000 just by following some 12 year old kids pumping all these tokens. This is pretty much a repeat of ICOs back in 2017. Basically any ICO back then got bought up like crazy and people made crazy sums of money by doing nothing. This time its no different.

Its still too early to tell, it looks like the market might be back on traction after his tweet. Very strange tweet indeed. Most likely it was his board that made him post that.
4008  Alternate cryptocurrencies / Speculation (Altcoins) / Re: AKITA INU (AKITA) & DOGELON MARS (ELON). Super HIGH RISK Speculation! on: May 13, 2021, 02:45:53 AM
These coins are all dead. Stay away from them.

DOn't know if you heard but the devs sent 50% of the entire supply to Vitalik and Vitalik decided to dump these coins and donate the funds to charity. SHIB, ELON and AKITA are a few. Most likely he did this because he was sick of the high transaction fees lately due to these dog type of clone coins.

Sure its possible that SHIB might survive since its a great news article that its donated to Covid relief in India however he donated $1B worth and its going to lead to huge sell pressure, most likely everybody is going to want to get out.
4009  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Dogecoin will drop 90% more, better cash out to BTC now on: May 13, 2021, 02:42:40 AM
Well look what happened with most alts back in 2019, they were 90% and some even >95% loss from ATH. Even ETH went $80 from $1400 basically 95% or so. So with Doge the same can happen if we topped last week.

So he is not wrong however he might be wrong on the timing. Look at how many people got burnt shorting Doge originally at 1 cent, then 5 cents, then 10 cents, then 25 cents, then 45 cents, etc.

So sure it might go back to single digits however it also "might" go to $5 before it heads back down. So if you short at $0.50 and it goes to $5 you will need to provide lots of margin not to get liquidated.

If you short $10000 worth at $0.50 and it goes to $5, you will need $100,000 of capital in your margin account not to get liquidated. Its just not worth the risk.
4010  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why is no one talking about shorting alts? on: May 13, 2021, 02:37:55 AM
Let me to tell you a story.
~
But for the love of god, don't short alts in a crazy market like this.
There's a safer way to (more or less) short Doge: I had some, and sold some. If it keeps going up, well, at least I sold them much higher than they were just a few months ago. If they go down, which will most likely eventually happen eventually, I'll buy them back.
This way, I don't have the risk of an actual short position that gets liquidated, and I either end up with more Doge than I had before all this, or I end up with more fiat than that Doge was worth last year. I can't time the market, but I consider this a win one way or another.

This is what most people tried to do back in late 2017/early 2018 with BTC. They all bought BTC back at $10K thinking it was going to go back up and break $20K and head to like $100K or $1,000,000 according to McAfee. However look what happened instead. Broke $10K, went to $6K and then months later down to $3K.

With Doge its no different. You can buy it back cheaper however, how do you know its just a dip and not a bull trap. Because if the market did top just now, most likely Dogecoin would go back to the single digits if a bear market was to remain for a year or so.

So sometimes its just best to take profits, sell and don't buy it back cheaper.
4011  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining on laptops 247 on: May 13, 2021, 02:34:09 AM
If you are going to mine with a laptop, at least remove the battery if its removeable. The issue is that the high heat can cause the battery to bulge and maybe explode. Usually if its a gaming laptop they are more robust and got insulation between battery and GPU/CPUs however its better to be safe than sorry and have it destroy an expensive laptop.

Regarding power consumption it will obviously use more power than a stand alone GPU inside a mining open air rig frame. The same GPU can use 200 Watts each with a PC but in a laptop will use maybe 230 Watts because it needs to power the CPU, fans, memory, ssd, etc. Hence its not efficient mining with a laptop but its very profitable to mine these days so its still worth it.
4012  Alternate cryptocurrencies / Mining (Altcoins) / Re: Can I mine etheruem with a 4gb graphics card on: May 13, 2021, 02:27:41 AM
Is etheruem classic the same hashrate as ether?

Basically ETC rolled back the DAGs so its less than 4GB so you will get the full speed which should be around 28MH/s if you are mining ETC. If you mine ETH right now with that card you will get like 5MHs or slower or won't work at all.

The issue with ETC is that its not very profitable. You get like $6 a day with ETH but with ETC you get less than $2 a day. So its better than nothing but keep in mind that ETC had a huge pump this week. A few weeks bad it was like $0.50 a day or so. So mine while its still profitable.
4013  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will dogecoin drop to $0.2 again? on: May 11, 2021, 03:51:45 AM
It will drop to $0.20 for sure but the question is when. It can easily go to $1 or $2 or even $5 and eventually it will drop to $0.20 however we don't know when the hype will end. When it went to like $0.10 earlier this year we assumed it was the top but it kept going higher and higher and higher and by the looks of it it can go over $1 even.

The issue is with the miner supply entering the market every month. Currently you would need over $500,000,000 worth of buying to equal just the newly mined coins and I am pretty sure miners are 100% not hodling their Doge.

So it will go down but the question is when...
4014  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum giving bitcoin a hard chase on: May 11, 2021, 03:48:34 AM
The reason why is because bitcoin is expensive for most people. This is why people want to change the units into Sats instead of a full bitcoin because most people don't have $50000 saved up and most people don't realise you can buy fractions of a bitcoin instead of a whole.

So people started to buy alts and the cheaper the better like Doge. This is why we got tons of people all over this forum asking how to buy Doge or mine Doge because they aren't interested in ETH or BTC because those are way too expensive. And this is also another reason why XRP is very popular with most people.

They sign up for a new exchange and see BTC, ETH, XRP, DOGE at $50000, $4000,$1.50, $0.50 and they buy the cheapest coins because that is all they can afford.
4015  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining Doge on: May 11, 2021, 03:44:36 AM
I get people locally also asking me how to mine Doge. The issue is that most people have no idea the difference between a CPU, GPU, and an ASIC. And not only that they have no idea that different coins have different algos.

I keep telling people with Ryzen CPUs to mine XMR. They say they want DOGE and not XMR. I tell them you gotta mine XMR, sell it and buy DOGE. Not other way around. They still want to mine Doge with the CPUs.

Same with people who got decent GPUs like 1080. I keep telling them to mine ETH, sell for Doge. But they are saying they rather mine Doge at a smaller profit than ETH because they say ETH can't go up 1000% like Doge coin. I tell them mine ETH because its most profitable and sell and buy Doge, but they still want to know why they are getting tons of rejected shares when they point their PhoenixMiner software which has ETH algo selected pointed to a DOGE pool.

4016  Alternate cryptocurrencies / Mining (Altcoins) / Re: GPU mining is dead. Yeah, sure thing! on: May 11, 2021, 03:39:22 AM
this is not a financial advice.

 but the previous cycle showed that you can still ROI 1 year from the peak of the bull run (more like the first year of bear market). of course it depends on "your circumstances/situation".

Well if I recall when ETH peaked in Jan 2018, it was still profitable mining it all the way until Nov 2018, but from there on, unless you got very cheap power it just wasn't worth it. It would of been better to buy it instead of mining it. So it was almost a year ~10 months.

With 2014 peak however it was different. Everything topped in Nov 2013 however the profits quickly were evaporating especially if you were mining with GPUs. I remember with a R9 280X, you made like $10/day in Jan 2014, then $5/day in Feb, $2.50,$1.25,etc,etc. It got quickly unprofitable sometime in May-June. Mostly due to the fact that each GPU used like 300 Watts instead of 100 Watts like today.

This is the time when scrypt was ASIC'd and then monero with cryptonight algo continued profitability for quite a while and some shitcoins along the way before ethereum comes to save the day.

From what I recall monero was never really profitable ever for me. I remember after ASICs hit Scrypt, I moved on to X11 and mine Darkcoin (now Dash) did that for a few months until profitability went down the drain and there was small cap coins like Jackpot Coin, 8Bit Coin, Boolberry, etc. And it wasn't until a year later that ETH was launched.

However ETH wasn't profitable then. It basically launched, and I think most people dumped their ICO profits and it wasn't profitable until maybe beginning of 2016. And from that time on until end of 2018, mining profits were very profitable.
4017  Alternate cryptocurrencies / Mining (Altcoins) / Re: Stop trying to mine Doge with cards! on: May 11, 2021, 03:35:25 AM
I guess they are desperate just like in 2018, in 2018, people were trying to use their celerons to mine eth ehhe

In 2018 or maybe 2017, I remember mining Zcoin (not Zcash) with my Celeron and Sempron processors. You guys probably don't remember but it was a CPU only coin at first and the way the algo was designed was that it didn't matter if you had a i7 or a single core celeron, your hash speed was the same.

So I was basically triple mining with my rigs back then. ETH was the main algo with GPU, dual mined DCR, and with the CPU mined Zcoin. I remember it was like $1-2/day per CPU and it was actually pretty profitable until people ruined it who rented like 10,000 AWS instances using free trials. Those sure were the days.
4018  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining Ethereum with 4gb RX470 cards in 2021 on: May 11, 2021, 03:30:31 AM
Go to the lolminer thread and read the last few pages. From what I recall you were able to mine with 4GB only if you put it inside the actual x16 pcie 3.0 slot of the motherboard. Which means you can't use a riser. And this way you used the DDR3 system ram to store some of the DAG and got speeds around 25mh/s. This was a few weeks ago and no idea if it still works.

You can also get away with 2 GPUs if you put one in the x8 and x8 slots, similar to a crossfire setup with games. However your speeds will be slower however it still will be profitable given that ETH is $4K right now. If you got a 6 GPU rig, then it won't work obviously. You need to put those GPUs in different motehrboards or mine something else all together.
4019  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining dogecoin with litecoinpool.org on: May 11, 2021, 03:26:55 AM
Thank you so much guys. So, if I but an ASIC litecoinpool.org would do the trick for DOGE? I haven't found any info about how to swap from LTC to DOGE.

Yes but it needs to be a Scrypt ASIC and not Sha256 ASIC which is for Bitcoin. So needs to be an Antminer L3 or similar. Make sure the algo is for Scrypt. You merge mine with LTC so basically you get paid both in LTC and DOGE at the same time. You don't need to swap LTC to Doge. The way it works is if the hash you found is a block for both chains you get rewarded for both.

Keep in mind if you buy an old Scrypt ASIC it might consume more electricity than it gives in revenue, so make sure you do your research and use a mining calculator at least and put in your power costs.

Since you got a GPU, just mine ETH and sell ETH for Doge.
4020  Alternate cryptocurrencies / Mining (Altcoins) / Re: GPU mining is dead. Yeah, sure thing! on: May 10, 2021, 05:18:08 AM
this is not a financial advice.

 but the previous cycle showed that you can still ROI 1 year from the peak of the bull run (more like the first year of bear market). of course it depends on "your circumstances/situation".

Well if I recall when ETH peaked in Jan 2018, it was still profitable mining it all the way until Nov 2018, but from there on, unless you got very cheap power it just wasn't worth it. It would of been better to buy it instead of mining it. So it was almost a year ~10 months.

With 2014 peak however it was different. Everything topped in Nov 2013 however the profits quickly were evaporating especially if you were mining with GPUs. I remember with a R9 280X, you made like $10/day in Jan 2014, then $5/day in Feb, $2.50,$1.25,etc,etc. It got quickly unprofitable sometime in May-June. Mostly due to the fact that each GPU used like 300 Watts instead of 100 Watts like today.
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