As someone who had done mining in the past, I have to warn you that it is not very easy and the returns are not always assured. I assume that you are taking about altcoin PoW mining. There is too much competition out there and you need to be very careful while choosing a particular coin for mining. This is extremely important, as sometimes the exchange rates can go up or down by as much as 80%.
First you need to calculate the time required to get 100% ROI. On average, for a small scale miner, it takes at least 9 to 12 months to recover all the investment. After that period, most of the revenue will be profit. But it is not always that simple. Sometimes there can be price fluctuations for the cryptocurrency that you are mining, and sometimes the hash rate can go up suddenly causing a sharp decline in the mining output.
Yes you're right, there are many factors that affected crypto mining profits right now. Many old miners are leaving mining because i think it's not as profitable as it used to be and it takes long time to reach ROI |
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KYC is like a two edged sword at present. One it helps to alleviate the problem of bounty cheaters, and unfortunately there are too many of these, so many of them steal my identity to earn stakes, which is abominable and desperate, but on the other hand our privacy gets more and more invaded. So what is the solution to this dilemma? I personally do not mind doing KYC for the bounties, but the bounties also have to pay us and give us a decent return on our time and trouble and not scam us with useless tokens that never reach an exchange.
I'm just doing KYCs for airdrop and bounties in famous exchanges. I have to make sure that my identity is safe and not used by random people to do a crime or scamming others. So, if it's not so famous platform asking for KYC, i would definitely say no |
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The price of harmony pump so high due to Binance ticket system. So, the tokens is not easy to get and the one who will get it just for the one who has many tickets and luck.
So, that's why binance IEO will likely always increase the price of the token right after the IEO over
But people are losing interest with binance launchpad because it's always launch a new one every month. So the one who didn't got the tokens during current ieo will just wait for another ieo instead of buying the current ieo tokens with higher price |
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Following its listing on BitMax, DOGE has reached the 30sats mark. Do you think it's the beginning of a bull run or it will go down now?
I don't know why doge is still survive until now, it was created just for a joke altcoins but i think people who loves dog keep collecting them and make it as a day trading assets. So, it's hard to predict the price, but i wouldn't mind to collect them |
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The different about ethereum in 2017 and this year 2019 is the price. We know how hype the ethereum 2 years ago. And people expect this year good price like before but its not easy because we know that its depend to the flow in the market. So even we compare it before and now it will be still hard what eth price will be in the future,if its high or low.
The differences is not only the price, but also the demand and the projects that using erc-20 was very nice and lot of investors invest on them. Ethereum 2.0 is coming soon next year, and hope it brings back the throne of ETH as the best altcoin |
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I've got a bunch of coins kept in wallets at an exchange and I want to move them all to offline paper wallets.
Looking at my records I seem to have BTC, BAT, BTG, PASC, MUSIC, ELLA and XMR.
I've been to bitaddress.org, created a wallet and printed it. Before I transfer my BTC I wanted to double check that this is a legit wallet generator... most of my $$$$ is BTC.
How about the other coins? Most are low balances. I think MUSIC is now worthless, but nonetheless, I might ask well keep them!
Thanks
What do you mean about paper wallets. Is it the seed that cointains words then you write it on a top of paper or what I'll add ETH into one of your investment because it's a sure coins that will have a brigt future |
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Bulrrun should be started soon. A lot of factors indicate to this: China-Usa trade war, CNY going down every day, revolution in Hong Kong... Chinese people will start invest in crypto very hard soon  I think those fundamental factors can't raise the bitcoin price yet. Bitcoin price pump must be lead by the whales who has a circle of another whales that can make the market move. We hope that will happen anytime soon in the future |
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if ETH hold above 168, downtrend will be over.
just an idea, the market is still very weak and bearish
Actually, it's not just ETH that just suffering this kind of downtrend. Almost all cryptocurrencies are having the same issue. This is literally the same at 2018 where everything went down and it caused lot of bad perception that cryptocurrency were dying and shit. But, we don't know what would happen in last month yet where it's a crucial spot for anything. Altcoins is really hard to prediction the chart movement. It might be predicted by it only works for day trading who takes 1-2% profits. But for a long run, it's hard to predict even altcoins can up and down by 10% in just a week |
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You all might be knowing that Steam used to accept payments in bitcoin through BitPay, but they abruptly stopped it stating the price volatility of bitcoin to be the issue.
Stablecoins eliminates this very issue, could this encourage Steam or other companies like Amazon,etc. to start incorporating cryptocurrencies into their payment systems.
Is it possible some stablecoin might outperform bitcoin regarding this?
I've bought a game currencies using bitcoins, but the transaction fee is out of my mind. It takes like 5$ while i just buying 10$ worth in game currency. So i think crypto is not ready yet for game payment. I'm not sure why it takes so much fees but it's not worth it to buy |
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That is terrible statistic. I do not understand, when you raise millions of dollars you have problem to pay programmers to code atleast something?
Sometimes the project creator are not concerned about the coding things, or even don't know about the coding thing. they just want to list their coins into exchange then dump it by theirself, those are many project fail scenarios |
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Talking about Cryoto failing, That's so 2009. Crypto has gotten to a point where failure is no longer an option. There's no stopping anytime soon. The biggest problem crypto is having is mass adoption and that's how it is with new technologies. It takes time to get adopted. Bitcoin is only slower because It has to do with monetary value. People are naturally hesitant with money related stuffs. But not to worry, Things will get better.
It's been always like that, crypto has it's own heyday. So, while we're waiting for that, we should buy and collect more crypto. Just need to be patient and we'll just harvest what we planted in this current years |
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At the moment, the whole market is falling and I think it will continue to fall until Bitcoin reaches the price of $5000-6000 and maybe even lower.
It seems this year is the most difficult year for holders of cryptocurrency, Because, in the last few days bitcoin and altcoin have continued to experience prices falling below the $8,141 level as well as ethereum which has begun to touch $173.48. I hope what you predict about the price of bitcoin will drop to $6,000 it will be wrong..!! Price is up and down, the whales are giving us time for daytrading with little profits. But when they're "moving" , market will experienced a big drop or a big pump, always ready for that and find news as much as possible to handle it |
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People are promoting some shit which will return either nothing or trash, for example a lot of people have promoted CurioInvest some days ago and have gotten $5/$10 worth of token for promoting 3/4 weeks. How shit is this!!!
That's how things works now inside this bounty industry, hunters expect that something great will happen after promoting project like this, but there's nothing that they can do now but to keep the tokens and wait for any luck that it will bring success in the long run. It's not a good deal if you will sell it with this current value. But if you joined a bad project this way is not worth it also. Some of bounty token that i haven't sold yet has no value right now. So , the key is selecting the good project that will valueable in the future |
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Hardware wallets are very safe when compared to App wallet or web wallet, as long as you keep your seed safe, then you are also safe. In cases where you can't get the hardware wallet and you are using app or web wallet, make sure to protect your private keys and also avoid clicking on phishing sites which may lead to your wallet.
Saving the seed words are also dangerous though. You should just write down the seed into a paper and save the paper in a safe place but easy to reach. And your wallet will be quite safe, but still not safe as hardware wallet |
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It looks like your prediction about this coin is true Litecoin is now ranked above CMC with a very large daily turnover.
if you buy a coin that year, you have already got a very large profit.
but market conditions are currently weak, it might take time for the next bull, if it happens maybe LTC can reach a new ATH
LTC has very good potential to be a top currency because i always use it for transferring my balance between exchanges. The transaction speed is lightning and the transaction fee is so small, so i think this currency is really good |
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It's because at the early of 2018 many projects are failed and some of the are scam. This is why investors are losing interest with altcoin and choosing bitcoin for long term investing
Projects are failed because investors are panic due to btc price crash, so they leave and take all of their investment. I think if btc has reached it's trend again, investors will come back and investing their money into crypto projects |
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Investors needs to have interest in other for a project to survive, once investors lose interest its the end, this is why i think developers need to be serious from now onward, there will come a time that new projects won't see investors investing on their projects and its because we have had enough of crappy projects, if there is no more good ideas developers need to stop building projects
Most of developers or team of the project are not building a relationship well with investors that's why many investors lose interest and always push and blame the project team if something wrong with the project. Investors should be have more supported to the team if the team project experienced a bad time so the project can come back to their track |
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The most correct thing is both the cover and the inner of the books are good.
Good cover it needed to bait the investors to invest, if good projects without a good marketing, the project should be less founded and it's bad for the project's future
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in earlier this year cryptocurrency did not start well. suddenly in the middle of the year has increased. I am very worried if the price at the end of this year is get worst. the impact in early 2020 will experience the same thing. every markets are burning red.
Cryptocurrency has better condition since last year, and this year experienced a stable increase which is good for crypto. We hope this stable increase will continue until next year |
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Shill me your altcoins and tell me why they're not a shitcoin and why anyone should buy them BNB is the best and will always be valuable because of it's demand. And you have to buy them if you want to join binance events which most of those events are in trends right now. |
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