Why din't you told me in the first place your blind?
From your link: To be able to calculate that, you need two simple assumptions:
- overall miners are rational and will only keep buying hardware until they reach the point of marginal profitability within a given period (investment horizon).
- Likewise, ASIC vendors will keep producing and selling chips as long as its profitable, ie, as long as miners are wiling to pay a price above their marginal costs.
Ok, so miners will buy hardware as long as it as revenure>cost. Revenue is BTC over lifetime. Simple as that. And ASIC vendors will build as long as miners pay more than production cost. Fact 1: No miner you can actually currently buy (direct order) will make more than you pay for it, e.g. BFL. Fact 2: No miner you can pre-order is guaranteed to be delivered on time, nor what the difficulty will be by then (unless you where to somehow know the total shipments in PH/s), nor how much a BTC will be worth by then. And you call me blind??? Go to that page , do the math and then say you were wrong: "The income from transactions fees is still very low, not enough to maintain the network at current rates by far." |
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All coins should be listed, regardless if you personally like them or not. Picking and choosing destroys the credibility of the site. Ripple and others with a seperate link? Seriously?  You need to take a non-biased stance and list them all, otherwise, it may just be time for a new site done right. We get enough of this "pick and choose" crap from MSM. The crypto space, built on a belief in freedom, should be better than that. It also makes this thread title fraudulent as when I go to coinmarketcap.com, I don't see them all.  Yes you are right +1, except for the fact that centralized "coins" shouldn't be regarded true cryptocurrencies which makes Ripple fall out. That it is linked on the site, even as a seperate link, is already too much in my eyes. Again, this is a personal opinion and has no place in the listings. Most of the coins I see I personally think are pump and dump crap. Scams if you will. Should they be removed? Absolutely not. XRP is as much a cryptographic currency as any other coin. Personal biases should have no bearing on a site that should be simply informational and non-biased. Kind of hypocritical to complain about something being "centralized" when a "centralized" site is picking and choosing "favorites". As I said, I just think it diminishes the sites credibility and puts all data into question. I personally would expect better but simply my opinion.
The fact is that less than 1% people who understand crypto know what Ripple is.
Comments considered "facts" should include a source. Do you have one? Your ignore button tells the whole story  |
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i think qrk are going to rise, wait to december 19th
No details, obvious to anyone with half a brain cell that you are just pumping. This may seem like an idiotic question, but is this an example of pumping?? People trying to build a reputation of a coin just so they can get a proce rise and the sell all(dumping?) of their stock? Yup , but it's also a failed example of pumping because everybody with a brain cell knows he has no clue what he's talking about. Thanks for the clarification. So a good example of pumping would be all the recent media hype surrounding bitcoin (ignoring the recent china news)... And if so.... When is the massive dump going to arrive??...(and hit the fan lol) Media about bitcoin > bitcoin is used by more and more poeple Spammers about quak > don't really know what this is but it's gonna make you rich on the 19th Differences anyone? |
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Why give when everyone posses the ability to mine one or more for them selves?
Gold would not have had the same value, or the same impact on society and global economy if it was everywhere and everyone had access to it...
Enlighten me on this. Nope , lots of people out there don't have the ability to mine one single BTC. |
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Thanks for providing a link that proves my point. Why din't you told me in the first place your blind? |
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i think qrk are going to rise, wait to december 19th
No details, obvious to anyone with half a brain cell that you are just pumping. This may seem like an idiotic question, but is this an example of pumping?? People trying to build a reputation of a coin just so they can get a proce rise and the sell all(dumping?) of their stock? Yup , but it's also a failed example of pumping because everybody with a brain cell knows he has no clue what he's talking about. |
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If mining will be less profitable with a projected difficulty increase and miners stop buying hardware , where will that projected increase come from?
Dumb people. A lot of people fail a basic math. Why do you think people still buy first gen asics or even block eruptors on ebay? 1) Difficulty increases only if people are buying more miners. 2a) Difficulty is so high that people are not covering their running cost , people with low efficency miners stop and it's worth again mining for people with low costs. 2b) Difficulty is high that it's not worth buying miners but worth running them. Difficulty won't +/-. Until a new cheap miner emerges and we go to 2a. This shit has been debated so many times in the forums it's getting annoyingly. One of them: https://bitcointalk.org/index.php?topic=295270.0 |
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Keep going , you're getting more trustworthy by the moment =)))))))))))))))
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Also please let me know how much PH will that 108M/month buy. Around 20PH? 3 times more than we have?
Are you assuming a constant rate of BTC/TH or BTC/PH? Thats the beginners mistake, as long as difficulty increases you will have a decline. And 20PH for 108M? Now, lemme se, where do you get 20PH for $108M? Or 20GH for $108, or 0.18GH/$ or 5.55$/GH. Yeah, thats what you get on pre orders. And checking mining calculators like genesisblock those devices might, or might not, ROI. And given that current devices, and lets face it, 90%+ of current hasing power comes from asics, the devices in use currently are mostly first gen asics. Only the early orders are gonna ROI. Quite a couple of people are gonna have to pay for the privilege of mining. But thats actually pretty irrelevant, since the mining industy will obviously converge towards the profit generated from mining. If mining equipment generates money out of nothing you buy it. If it generates less than you pay for it, you dont. The only mining equipment that still has a chance of profiting is pre orders, which is basicly the same as gambling. The size of the hardware mining industy is pretty excactly the same as the profit generated from mining. Yes, things are that simple at times. If mining will be less profitable with a projected difficulty increase and miners stop buying hardware , where will that projected increase come from? |
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Depends of what you refer that 100%
If it's about my cryptos it's about 95%. I do have some ltc I haven't withdraw/sold from btc-e
That's what I mostly thought, but you surprised me with those 5% LTCs. The dpr episode , bitcoin was back on track and ltc didn't move for almost an hour. Guessing that's a clone will do what a clone should do , I bought some. Well , the clone did just like it's master , but with a delay. |
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Getting tired of morons that think China banned anything today.
No kidding. Seems to be all anyone is posting about... What other Bitcoin "news" should supercede it? I am interested to hear. Apparently a village in papua new guinea now accepts bitcoins for bamboos. So bullish  If that were true, it'd actually be mildly bullish if it got decent coverage. It would show bitcoin's accessibility and would also show that there's really no excuse for more businesses not to accept it. Also the statist progressive rubber-bracelet-wearing do-gooders would realize that there are ways to help people in developing nations without just throwing them in refugee camps and sending over sacks of Monsanto ground corn and soy like a bunch of feedlot cattle. Mobile phones are becoming far more popular in poor areas of developing countries, and where there is a mobile phone, there is the ability to transmit and receive value without the fees or nationalist sanctions associated with Paypal, WU, etc. Even with SMS only, SMS services for moving bitcoins are popping up. Inb4 some stupid cliche about "what's a starving villager to do with fake digital currency when he really needs seeds and clothing?" I'm talking about the areas that do already have mobil phones and methods to acquire goods for currency - they just don't have the exchangeable value, or at least virtually frictionless movement of exchangeable value, to do so.  Whats happened to this? http://motherboard.vice.com/blog/one-third-of-kenyans-now-have-a-bitcoin-wallet |
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So the answer is yes.. this is a scam coin?
it is as much a "scam coin" as BTC is a "scam coin" quaaaaak , quaaaak ! |
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Well at least it's 6 now and going quaking...
Another heavily marketed clone with no purpose.
let me guess, you're 100% in bitcoins, correct? ) Depends of what you refer that 100% If it's about my cryptos it's about 95%. I do have some ltc I haven't withdraw/sold from btc-e And , what to you expected , owning kermits? |
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Wait till the gypsy population explodes in Germany also.
Tell those guys to work , because it's fun.
UBI failed for 20 years in Romania and that with 100 euros /month.
It will fail so hard at 800 euros/month those promoting it should eat s*** to mask the smell of the nonsense they sprout.
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The fact that many of you are so butthurt about ripple that it has to have its own link at the bottom shows what an opportunity it is.
If you think it's tainted and your precious bitcoin is more ethically pure, you're deluding yourself. The Winklevosses like money just as much as Chris Larsen.
Of those who understand crypto, who even seriously cares about Ripple? Centralized shite? Come on, man The fact is that less than 1% people who understand crypto know what Ripple is. |
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Please let us know , how the hell would have he been able to do this.
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Well at least it's 6 now and going quaking...
Another heavily marketed clone with no purpose.
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Getting tired of morons that think China banned anything today.
Common , china is banning thousands of things each year ,, they should have banned something today. |
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Within a month the project was held closed testing Yeah , yeah , the PROJECT. |
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