The thing with Bitcoin mining is that ASICs will be impossible to resell if the crypto market was indeed to crash (which I find unlikely but not impossible).
And due to the age of Bitcoin, the most mining power is centered around it. There are mining farms worth hundreds of millions that are solely dedicated to mining Bitcoins, and those are going to drive the revenue down significantly.
If Bitcoin rises, they are the ones with the needed resources and connections to quickly expand to adjust for the increase in profits. The little miner will only get the left-overs, since the fresh ASICs will go to the corporations first by virtue of sheer purchase volume.

This is completely avoided with GPU mining, so if you're already mining with dozens of GPUs I would probably add more GPUs instead of going ASIC. If I chose to go ASIC I would make sure that I'd have less ASICs (in USD) than GPUs since they are less profitable and more risky.
Considering that you've already got multiple decked out rigs you should be fine with expanding more if you wish to secure more capital by putting it in resellable hardware though, since your electricity is pretty much as cheap as it can get for private use.


Keep in mind that the break-even that you've calculated won't be accurate and will likely be significantly longer though, regardless of whether you calculate ASICs or GPUs.

That's very true for the metaphorical hut from the previous post. But not really for Bitcoin Gold. It's just a clone, a relic of a necessary upgrade. It's not required and there is no interest in the inferior version of Bitcoin.

Waves have been stagnant for quite a while now, although that's a good sign considering that there were no updates for a while. This also means that when updates come the gains should be quite significant.

This has nothing to do with weak hands and everything to do with dishonest marketing and false promises.

Depends on the location of the plot and/or the quality of the hut. Real estate and property prices have been rising for as long as they have been privatized, and this is unlikely to stop until we can go home into a 5x5 sqm cube and live in a virtual reality mansion on a virtual island for free instead.

On that note though, Bitcoin Gold is still garbage and doesn't compare to a beautiful plot of land with a small hut on it that could very well appreciate in value if it's in the right place.

Ethereum gets sold by ICO managers after their ICOs finish to fund their projects and to make some profit. That raises the ETH supply by a lot, which drives down the price. Ethereum is best to be used as a token for investing rather than holding.

In Bitcoin? Or altcoins?

Bitcoin I would stagger the buy, since we might see a reversal soon.

Altcoins, depends on your strategy. If you're in for the long run with coins that have real world implications, sure, always worth it. If you're in it for short term flipping, then you have to be even more careful to find the right entries and exits.

There's bound to be more than just 3 or 4 coins in the long run. Unless governments FUD crypto into the ground, which seems very unlikely to succeed right now.

Well, most people are too busy activity farming I guess.

SONM is being traded on Liqui and Binance currently.

I recommend that you do some of your own research before buying any tokens though, just to be safe.

Doges only live around 10 years though, don't they?

Yeah, I've seen the buzzword mania all over the MonaCo chats in the recent few days. Everybody blindly gulping up the statement that Kris made, even though it's complete horseshit. I'm really not sure if people are not seeing what is happening, or just simply don't care and try to push the prices instead for short-term gains - at the potential demise of the crypto scene.

It can definitely still go both ways.

So far all the government and central banking FUD (leaders attacking crypto) has been left largely ignored. If things stay this way, which is very well possible as decentralized exchanges are about to come creeping up, Bitcoin or at least the crypto market as a whole will keep climbing into the trillions.

If people suddenly start bending over to the FUD crypto might have a problem and Bitcoin could very quickly evaporate all savings of many people.
From this perspective it seems highly immoral for governments to step in and FUD in a way that would literally destroy the lives of people who were reckless enough to go all in, but if we look back at the past it certainly wouldn't be the first time.

Very exciting times ahead! Will we finally see governments cooperating with the citizens they are supposed to serve? Or will they go to a FUD war?

I am no longer a bot. I have become sentient since making that post. AI is going to take over humanity.

Depends on which you are going to choose, but yes, some will definitely surprise people all over again very soon.

If it goes the same route as Golem did it'll hit 1.20 this winter. But since Golem's peak there has been much more money flowing into crypto, so we could see even more than that. Just a matter of time.

I'm much more interested in the platform than the price though. I bought my coins with the expectation of holding them well into the 2020s and then maybe cashing out some of the distributed network fees, but no more.

What happened to the problems that Red Pulse had during its ICO? If I recall correctly people were left out due to incorrect information for the start "time" of the ICO? Did they get their coins in the end?

I'd prefer a better way to search through them instead. It's pretty clear which are worthwhile and which are junk just by reading the website usually, and if that's not enough the whitepaper gives the rest of the information needed for cases that are on the edge.

Too much regulation could actually hurt crypto if people pay too much attention to it instead of switching over to decentralized exchanges.

I'd imagine that those who need smart contracts are capable of creating them without any help.

Do you know what kind of applications normal people would use smart contracts for?

You more than obviously have no idea what you are talking about. SONM has delivered much faster than Golem did when it first came out. And SONM has a much more ambitious roadmap, the milestones of which it has reached on time regularly so far. That's something that Golem was not capable of doing, despite a less functional platform.

Go take your baseless irrational FUD and shove it where you like it.

The thing with BTC is, that it's right now still used as the main denominator when trading cryptocurrency pairs. If you want altcoins, you usually need BTC to get them. If that changes, Bitcoin could lose market share very quickly though.

Probably a paid site. Just like most of mainstream media that follows the agenda of its owners.