Every time, for as long as I remember, that I go on bitcointalk, everyone keeps posting "BTC IS DEAD" "SELL" etc... And then a few Sr/Hero members come and explain how thats wrong.
I just don't get it.
Aren't we used to the price fluctuating by now? Whats with all the crying/moaning about price bubbles, crashing, inflations, Russia, China blablablablablablaaaaa!
Jeez... Do some research before posting, I saw one post which got LOADS of attention, yet the first post was done by paint, with an unlabelled graph which showed wrong data!
This is getting to the point where we are affecting newer members or gullible people into selling/dumping all their coins instead of keeping them. I mean when I come on the forum, I see that its crashing, why would I buy in?
I think we need to stop giving the panicking people attention and focus more on positive sides.
 Look at this and realize how stupid people look when they say "Bitcoin is dead" from now on. These investors are investing in the bitcoin technology. These technologies can be used in many coins, not necessary bitcoin. |
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I cannot comment on dwarfpool, as I have never mined there.
But, I have mined at monero.crypto-pool.fr for many months. Good pool with good devs.
As a side note, I just bought a GTX970 and I can hardly wait for it to arrive so I can mine (& game) with it.
Is that 970 for mining only? Will that be profitable for you? |
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Since the bitcoinprice decreased a lot last year I would like to destroy some bitcoins. Destroying some bitcoins can have a serious positive impact on the price If every human being could destroy 0.001 BTC we would half the amount of bitcoins in circulation, increasing the price of bitcoin in compare to other currencies. But every satoshi could help a bit... This is the best way to support bitcoin The private key of this wallet is lost (on purpose) and those bitcoins will never be able to get out of this wallet (or heaven?  ) 1NCXw6rkcdfDuKRbhVhrshzHD9QQkQiVArPeople who helped destroy bitcoins to raise the btc-price: leen93 : 10.000 satoshis FIRST GOAL TO REACH : 100.000 satoshi You want to increase the value of BTC by reducing the circulated coins. We can also reduce the emission speed of BTC. For example, we can change the emission to 6.25 BTC per 10 mins intead of 12.5 BTC per 10 mins and make the half time every 8 years. This will slow down the emission but keep the total number of coins. For the time being, when BTC is not popular, we need about 25*144*250 dollar to absorb the coins. That could be too high for the market at this stage. |
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It's neither good or bad, it's whatever. If they're going to make a coin, somebody with time and coins is going to screw them over
and turn it into a pump and dump scheme.This already happened to bitcoin. |
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I will not sell my BTC. I will only use it.
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Have opurtunity to buy (pretty cheap) PowerColor 280X - 155$. Should I grab it? It's used, but OK with warrenty of one more year. I know its not profitable to buy GPU for mining purposes today, but just to buy crypto and hold its not fun - mining is  You can spend less on Ebay. If you want fun, then buy one. If you want profit, do not buy. |
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Thanks for the clarification. It is still not profitable to mine with this public miner: revenue is 40% of the electricity cost. |
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4 min should be OK. At present, there are not much transactions going on with XMR. Most of the blocks are mining rewards only. When XMR gets used more in the future, we can reduce the block time to 2 min, then 1 min, even 30s when internet is much faster resulting fewer orphan blocks.
IMHO blockrate changes require a hardfork and should not be done regulary. the tps amount can scale with blocksize - which is already dynamically but, i prefer 4min too This block time change can be coded and 1 year in advance so that people have plenty of time to respond. |
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Virtual Coin is a good name. How do we prevent the developers selling the name and abandoning us like the Dashcoin dev?
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Wolf0, good efforts! Is it slower than your or somebody's private miner?
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Just tell your friend that you cannot afford the gift.
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The price has dropped quite a lot recently. Any good news to stop the further fall?
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Nobody really knows for sure. There are a variety of theories including one or more botnets in a particular geographic area that only mine when people leave work at night, one or more botnets in a particular geographic area where the computers go to sleep at night when people leave work or go to sleep, instability in the difficulty adjustment (it takes 12 hours to adjust fully, so if difficulty goes up, miners drop off, it then takes 12 hours to come back down, miners come back, repeat), and probably a few others. Maybe some or all of these in combination. The difficulty adjustment part at least, is something we're working on improving (it is on the design and development goals document). Some places you can also bargain for cheaper electricity rates outside peak-hours (i.e. in the night time). Do you believe these large farm guys will turn off their miners during peak time? That means their miner are off 10-16 hours per day. There is little chance of ROI. |
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I downloaded BITCOIN CORE 10, i will use the work PC which is a CORE2DUO and 5GB RAM ,INTEL HD GRaphics(it can't mine via this GPU) so only CPU mining. How much bitcoin can this PC makes daily, can it make 0.001 BTC daily  ? And is Bitcoin mining automatic with Bitcoin core (which many websites claim to be) Thanks in advance. If you mine with PC, then there is no way it can make any meaningful amount of BTC. It will be much less than 0.00001 daily. |
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No t mobile here in our country so sorry for us.
Other telecom provider may follow suit. |
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The reason why PND will not die is quite simple. There are no infinite PND, the pro dumpers and panic dumpers will soon run out of PND at these prices. Just during last month, MORE THAN 125 BTC has been invested in this coin and more than 25% of PND supply has changed of hands. Do you really think that this new "crazy" investors will simply let this die and forget about it?! Rule number one in crypto: Buy when everyone says a coin is dead, sell when everyone says moon. Where is PND? Why no infinite PND? Is PND a PoS coin with certain interest? |
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The main problem with old miner is not the fan. It is the efficiency. 5XXX and 6XXX cannot be used any more as they are too power hungary and efficiency is too low. You will lose money mining with them.
It is not advisable to buy GPU for mining only.
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I am considering throwing a few old GPU rigs at x13 (15-20 R9 280/290x cards) is there a stupid simple miner I can run?
SGminer is simple and most popular. |
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Can someone relaunch this cool and humble coin?
What is the point? Can we find a developer to add new feature? |
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