Okay, I get it. He lost the bet. Question, who, on the other side, won the bet? Moreover, is it possible he knew he would lose others money with such a bet, but positioned himself, somehow, on the other end? I don't think he knows the future. Otherwise, he will bet everything against it, his and his client's money. |
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I mine, save and use bitcoin in the same time.
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I think a good indicator is the adoption, how many companies are using it as a payment method, transaction per day, number of active bitcoin holders. If we want to rate it based on value, importance of a currency that would be what I'll refer to rather than the price. Price is more for people towards investment. Yeah price is high, it's success for their investment. Low is failure and such.
Adoption is more important than the price itself. When more than 1 million or a bit fewer than that people get part of their pay with Bitcoin, the price will be much higher. |
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Can somebody help me configure my R9 290 on Neoscrypt? My R9 280x do about 515kh/s. While my R9 290 get only about 360? Can't be. On X11 the 290s do about 6900, which seems ok to me? This is my config: ],
"api-allow" : "W:127.0.0.1,W:192.168.2.77,W:93.130.41.63",
"api-listen" : true,
"expiry" : "1",
"failover-only" : true,
"queue" : "0",
"scan-time" : "1",
"gpu-threads" : "4",
"gpu-engine" : "960,960,960",
"gpu-fan" : "67,67,70",
"gpu-memclock" : "1250,1250,1250",
"gpu-powertune" : "20,20,20",
"intensity" : "16",
"temp-target" : "85",
"temp-overheat" : "90",
"temp-cutoff" : "95",
"worksize" : "64",
"lookup-gap" : "2,2,2",
"shaders" : "2560,2560,2560",
"thread-concurrency" : "8192",
"sharethreads" : "32,32,32",
"no-pool-disable" : true,
"tcp-keepalive" : "30"
} I'm using the 14.7RC Drivers. Stilt BIOS also installed. But somehow the cards wont gain much speed. EDIT -- ok with lower Intensity (13 - similar to old scrypt configs) the Hashrate goes up to about 620. But somehow I'm getting R:100% ? EDIT -- ok, it's been the version von SGminer I've been using. Updated to the latest provided by Nicehash. Rejecteds been the same problem to my r9 280Xs.. Been wondering why my hashrate was so high. With latest miner it's dramatically lower..  What is the version of miner you use? Where do you download it? It is very fast for 280x. |
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Got paid at a rate of $212/BTC this paycheck. Needless to say, my bitcoin amount was much higher than last paycheck.
Great! I hope you will get fewer and fewer BTC in the future. Just another way to say BTC will rise. |
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wow I just read the article on coindesk, that some dumb thing to do.. just because the price of bitcoin.. its logical for them since they dont see profit.
i state dumb because what if people who are new getting into bitcoin, and they want to get into the mining game then see that lol.
Their electricity cost is too high |
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I do not think bitcoin will go below 10$ from current price, it would be too low price  If it goes to 10$, it will be zero soon. |
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If the Russian government had any sense they would be encouraging BTC usage among their citizens and by government as a way of defeating/outflanking sanctions.
Yes. However, it BTC is banned this way, then Russian might be more curious about it and buy more. |
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If you convert all your salary into BTC and sell some of them in localbitcoins.com for day to day living, you might break the law if your total transaction is over certain limit.
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It depends on the price of electricity. CEX.io's electricity is too high and machines are too old, hence lower efficiency. Bitmain might not have that problem. Their latest machines have efficiency of 0.5J/GH.
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If we hit even $100 the buy pressure will be huge. I doubt we will ever go under $100 and if we do it will be to $0
Well people though the same about 700, 500 , 300 but all fell. 100 is ofc important psychological level, but if it fails, next stop is 10$  . Times are different. If it is $10, BTC is in big trouble. |
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...
The biggest reason why Monero cannot and will not be the #1 crypto is because it is developed to be 100% anonymous and untraceable. Lawmakers and regulators will not allow something like that to have widespread mainstream use.
Lawmakers and regulators will just legislate and regulate the on and off ramps and the service providers as they are currently doing with Bitcoin, and have done with cash for years. Anyone who believes that Monero wouldn't be treated much harsher than Bitcoin by governments is delusional. For instance: Dell, Overstock et al won't be accepting XMR as a payment method. At best it will be used to purchase illegal stuff. You mean it works kinds like fiat? Most trade of those things are in fiat, especially USD. |
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Would be cooler if updates and the future of the coin wasnt so abstract. How can other coins bring so much to the table and here we have the devs who created the tech an we cant get a nice looking wallet or something new to offer
The whole coin market is not in good shape. Even if they bring in something exciting, it might not be well received by the community. It is better to wait for the market to turn for the better. However, if we all think like tat, then market will be even worse. |
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one more abandoned coin Sadly, you are right. |
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Lost password from my wallet. You can reset it or recover?
If you remember the 24 words, you can reset your wallet. |
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I find the idea of "adopting Bitcoin as a state-currency" highly interesting, but I fail to see how this exactly would be done. Would you buy a large amount of BTC and distribute them to the citizens? Would you switch over every transaction to be done in BTC. What would be the best way to do this in order to profit from an appreciation of BTC's value (and it's stability in terms of an independent currency)?
What the state can do is to accept BTC as taxes, and then spend it for government expenses. It can also borrow BTC and spend it. Buy the BTC before government adopts to profit from it. |
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pretty soon you aint gonna be able to buy shit with bitcoin because it will be worth 0.01 USD
The more useful BTC is, the more valuable it is. |
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The Greek is spending too much money buying weapons, mainly from Germany. Without that it could be in better financial position. However, it might not be able to fight Turkey as a result.
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Tech stock or bitcoin is too difficult to evaluate. They do not provide predictable cash flow.
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There are continuous developments of Monero. It might survive.
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