You can agree of disagree but classic PoW is going to die.
Maybe in a year, maybe in 5 years but it is going to die. It is expensive, it s waste of energy, it generates negative extrenalities and it ll die.
Whether PoS or something else s going to be the next step in evolution of crypto, that I cannot claim. But BTC ll have to adapt and improve. Or fade away.
Considering BTC as something final and untouchable in the crypto world is not good. There has be a constant tendency towards innovation and improvements.
What is "negative extrenalities"? This is how Wiki defines it: "A negative externality (also called "external cost" or "external diseconomy") is an economic activity that imposes a negative effect on an unrelated third party." In other words, negative aftereffects generated by the waste of energy caused by PoW mining. |
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PACMIC would be the safest option I know of. It ll get you about 22% a year.
Let me know if you need more help with it.
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1 miner? Yes, it is too late, it ll bring you next to nothing. Go cloud or go PoS. I like Hashnest and DMD Diamond coin.
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Well a nice test of what s going to happen will be LTC block halving. I do not expect much to tell u the truth.
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You can agree of disagree but classic PoW is going to die.
Maybe in a year, maybe in 5 years but it is going to die. It is expensive, it s waste of energy, it generates negative extrenalities and it ll die.
Whether PoS or something else s going to be the next step in evolution of crypto, that I cannot claim. But BTC ll have to adapt and improve. Or fade away.
Considering BTC as something final and untouchable in the crypto world is not good. There has be a constant tendency towards innovation and improvements.
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Just one simple answer no, dont even think about cloud mining.  I do think about it, I do use it and have been making constant profit on cloud mining for the last 6-7 months. Just pick a reputable company, do not go with ponzies promising 17 days ROI and constantly reinvest at least 50% of your payouts. |
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90.78% at this moment. Looks like difficulty is going down later today. Should be under 90%.
It went up .07% which is negligible. Would have been nice if it went down but still negligible Ok, so it still profitable to gamble with Umisoo. Especially since BTC might jump up a bit more. The key word is GAMBLE. Umisoo is very obselete miners for a long time. It can collapse anytime you just need to be careful that is why it is so cheap. IF bitcoin falls again it will become unprofitable. True. But the price has doubled more then once in the past after BTC price swings. Not many other investments can provide that kind of opportunity. If you want to make yourself sick - Jan 14th - Price touched .00007 /GH Jan 29th - Price hit .0008 / GH Your investment x10 in 2 weeks. (Of course that was the extreme top and bottom) If we start climbing towards $300 again Umisoo will be .0003 to .00035 Money to be made if your crystal ball is working. True but if that is the case wouldnt it be better to just buy some btc now you would make more of a profit than risking it on a gamble like that. If btc price drops you lose part of your investment in btc value but if it drops and you have Umisoo you are stuck with it and lose ALL your investment +1 Also, if you want to cloud mine, go with S4 or S5. Much safer investments. |
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WTB LTCGear accounts! Please PM to discuss! Thanks!
That s the spirit. If he comes back, you ll be a millionaire. If he doesn't..... He does not come back. None came...  Sorry... That's the way it is. He just wants to delay as much as possible. What I cannot understand is if he stole millions, why doesn't he close down the shop and run like every other scammer before him? Also, why is he still in the same apartment and in the same city? |
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I have a few assets in nxt ae who worked through ltcgear
What do you think - on these assets for possible payments?
Hm.....LTCgear does not pay and depend on it. How ll they pay? I understood that all of the expected payments from the itcgear? I worry about my assets invested through NXT AE Most of these assets based on LTCgear only took your money and invested in LTCgear themselves. So there was no point of giving them your money in the first place. However, some of them did claim to have some collateral but I think they all depend on LTCgear. |
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I have a few assets in nxt ae who worked through ltcgear
What do you think - on these assets for possible payments?
Hm.....LTCgear does not pay and depend on it. How ll they pay? |
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Can someone pls point me out towards some data about past Supernet dividends? Thx.
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What state or country are you mining from? (gives us a idea of weather).
Also what is your electricity price? (determines new or used gear)
Im mining from california,and im not sure but Id prefer new gear What size of the investment we talk about here? Home mining? Large scale mining? |
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I've been watching the BTC price for what seems like forever. Coinbase charges 1% in fees. I figure if I can (for example) buy at $225 and sell at $228, then I've made over 1%. It doesn't sound very hard. I will have my coins instantly if I register my credit card on Coinbase, right?
EDIT: Plus then I get to spend more time reading the hilarity scrolling up the BTC-e trollbox.
Haha, a very nice plan. What happens when you buy at $225 and the price drops to $220? Then I scored some more long-term BTC at the cheapest price I've had yet. Wait, so u re not joking, u re serious about this plan? |
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This still does not tell us much about them. However, having in mind the size of the investment, this must be something really good.
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I hear constantly about how miners would not agree to fork and introduce PoS. What miners? If we continue this road, in 2 years we ll have 4-5 big farms in the world mining 95% of BTC while the rest ll be cover while hobbyists who mine at a loss, simply for the sake of good old times.
We try to avoid centralization but without any serious improvement, we are heading towards it.
Even if there will be 4-5 big farms, I doubt that it will be own by 1 single person , perhaps it could be a joint of several companies or people so it is not truly a centralization. Obviously switching into POS is not helping at all because it might destroy the value of bitcoin . There is some improvement but alot is disagree with it like the 20mb block fork Having BTC rely on 4-5 big farms is much more dangerous then BTC fork. Remember Amhash? I do not see any other way we can maintain decentralization in the future. The point is this big farms can't keep the share forever. And even switch to pos, it also could be only a few person own most of coins. The person who want to mine more coins will buy more coins. There is nothing changed. Why not? 3-4 big farms I know of are the ones who were the biggest a year ago. |
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I've been watching the BTC price for what seems like forever. Coinbase charges 1% in fees. I figure if I can (for example) buy at $225 and sell at $228, then I've made over 1%. It doesn't sound very hard. I will have my coins instantly if I register my credit card on Coinbase, right?
EDIT: Plus then I get to spend more time reading the hilarity scrolling up the BTC-e trollbox.
Haha, a very nice plan. What happens when you buy at $225 and the price drops to $220? |
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Wait, $1.7 per GHS? That s pretty competitive. What about fees and the period of the contract?
Well it's 0.17$ a Gh/s but it runs higher because of the bonus, just not stable. And it's for two months, higher contracts run for longer and have greater hashrate. I don't know if the 10% discount coupon is applicable at all cases though. Hash pointed at external pools is even more unstable. Here's the what my graph from Slush's pool looks like now, I've running 10% of my hash there all night.  If it s only two month, no way anyone can ROI there. |
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Hey guys,
I post these questions a lot recently on different forums but I ve not been able to receive a satisfactory answer. Has BTC economy really turned into a sea of ponzies and scam?
Is there ANYTHING worth of investing these days? Anything which might provide sustainable dividend, regardless of how low it might be?
Pls do not post cryptodublers, pyramid schemes, 5% per day ROI websites and similar junk. Only verifiable and transparent options pls.
Have a look at that, real enterprise looking for additional investments, ROI about 30% per year. https://bitcointalk.org/index.php?topic=1054325.0What is collateral for this kind of investment? Who guarantees you wont run the next day? |
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90.78% at this moment. Looks like difficulty is going down later today. Should be under 90%.
It went up .07% which is negligible. Would have been nice if it went down but still negligible Ok, so it still profitable to gamble with Umisoo. Especially since BTC might jump up a bit more. The key word is GAMBLE. Umisoo is very obselete miners for a long time. It can collapse anytime you just need to be careful that is why it is so cheap. IF bitcoin falls again it will become unprofitable. True. But the price has doubled more then once in the past after BTC price swings. Not many other investments can provide that kind of opportunity. If you want to make yourself sick - Jan 14th - Price touched .00007 /GH Jan 29th - Price hit .0008 / GH Your investment x10 in 2 weeks. (Of course that was the extreme top and bottom) If we start climbing towards $300 again Umisoo will be .0003 to .00035 Money to be made if your crystal ball is working. It s too risky for me. Simply to close to the turn off point. |
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It's kind of a bit risky I would say, because you risk even investing in BTC, but here you also risk investing in a casino and an altcoin which depends on a success of a single project (Just-Dice.com). There seems to be some other little projects, but they would hardly save the day if something would happen to Just-Dice. Bla bla, ok I'm gonna grab some CLAMS and try this  True enough but if JD still had a Bitcoin bankroll I would use their site. Nothing like getting a portion of the gambling revenues from the whales eventually (variance and all) but at least with Clams the coins value is smaller but it has a stake so an addtional revenue model is nice, it does add two additonal layers of risk verus Bitcoin one it adds an Altcoin to the mix then the price of Bitcoin as an additional relation, and second operator risk, still it is better than most of the ideas I've seen in the thread so far, conversion considered its been pretty stable. Old members can just claim free clams and turn them to BTC using their old Bitcoin addresses and move any balance in them to a new address without even needing to buy any clams from an exchange so free BTC in a sense (And I won't get in trouble for saying its practically a giveaway for oldies whistle) all it requires is a 2.53 percent increase in effort to be precise ha-ha https://bitcointalk.org/index.php?topic=623147.msg11264272#msg11264272Why clams? All these other elements seem OK but clams??? Using BTC or some other more prominent alt would be much easier option. Dooglus the owner of JD had to stop the old casino witch used BTC as gambling currency because of regulatory changes as new laws were directed towards BTC in Canada. But maby it would be possibe for him to in paralell to claims run a few other currencys like LTC and such also if the demand for gambling in other currencys is large enouth. Yes, my point exactly. If he had to ditch BTC, why clams, there are several more prominent and more secure currencies available. |
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