There is a price calculator in the AWS billing section that will allow you to almost exactly predict your bills including data transfer.
I must admit, the wording is not clear in relation to the free tier but now I have spent some time reading it, it makes sense and my bills are perfectly predictable.
Thanks ! I'll take a look at that and try to understand it in a bit more depth.
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It would be good to have a collated list of potential masternode hosts - including the private ones on the list here.
I don't know if I want to continue with Amazon. I've taken my masternode down and I'm scared to put it back up because I just get charges flying straight into my bank account from nowhere.
I really have no clue how to predict what they're going to charge me - even though I'm on the so called "free tier".
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cryptos are risk assets, not safe havens, so don't expect people to put money in them once full risk aversion kicks in. I don't think it's yet been decided what they are. Your right that when seen in the context of a stock they're risk assets but the precedents of Cyprus, Argentina and Spain say that they are also seen as an escape route in a bank run. That's because crypto has one thing that classical "stock" doesn't have - it can function as a realtime monetary medium, plus one property that classical money doesn't have - it's unlevered base money as opposed to highly levered debt money. We've never been in this situation before which is why trying to project legacy asset categories onto cryptocurrencies is only ever going to tell half the story I think. P.S. Greece is back. Bond yields spiking at the same time as their Debt-to-GDP ratio. We're back to 2011 territory. The troika will have to dust themselves off and start creating some new "rescue vehicles". What's it going to be this time I wonder ? Default is usually not on the cards at any cost.
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Dead cat bounce complete. All European markets now back red. Spain at rockbottom and digging. Ambrose Evans Pritchard says it was supposed to be a "gentle tap on the brakes" by the monetary superpowers but they've over done it. http://www.telegraph.co.uk/finance/economics/11165982/World-economy-so-damaged-it-may-need-permanent-QE.htmlSays Darkcoin rapidly turning into a "save haven" for refugee investors from over inflated stocks. Says reason for Darkcoin's hitherto quiet market was due to "silent majority" waiting for appropriate profit-take exit window towards end of Fed QE. Says Darkcoin and Bitcoin will move towards each other since Winklevoss contract opening price $200 is well below current market value for the blockchain "physical" while new DRK developments not yet priced in. Says that 2015 will see further polarisation between fiat markets and commodities and that crypto increasingly being grouped with commodities. Says that the fact that Darkcoin represents unlevered base money while at the same time supporting privacy properties that refugees from fiat are looking for will further propel Darkcoin's marketcap towards that of Bitcoin. Says that disparate cultural perspectives on privacy between northern and southern European countries will further propel Darkcoin's marketcap since Debt/GDP ratios and prospective spiking bond yields happen to co-incide with the candidate bail-in countries, setting up "perfect storm" conditions for a stampede into crypto and in particular, anonymous crypto Says that we already saw the precedent for this in Greece, then Cyprus, then Spain last year and that was the trigger for the 2013 revaluation from double to triple figures.
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Markets.
Ouch ! Spain.
Estamos cayendo como no hay base. Todos a la crypto corriencia otra vez como en el aņo pasado cuando pasamos de seguidores a lideres en el enseņamento de la salida de la crisis.
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Yep hence why he came on these forums just before he announced mintpal going down and tried to get us to pull buy walls for him to dump into
I don't understand this. If he was trying to dump a lot of coins, why would he want people to pull their buy walls ? Wouldn't he need the liquidity to dump into ?
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Yet I recently came to the conclusion that BTC market is still a huge FIAT drain.....Most of the traders aren't keeping their gains in BTC (as they should) but periodically withdrawing it in FIAT. They enter the market with X fiat (or alternatively some BTC they bought a lot earlier) and leave with X+Y fiat but negligible to zero (or less than their initial) BTC.
And I don't see this changing any time soon. When FIAT inflation will really take effect, they will just starve for even more FIAT and sell any BTC they held.
I think your probably right about that. At the same, I would imagine that if people are making money out of it by pumping and dumping it with fiat and it doesn't completely kill the market then it will only strengthen it by attracting more liquidity. The thing is, the marketcap is so tiny and the potential players so huge that I don't think it matters in the long run. There comes a point where the network effect reaches critical mass and another major revaluation occurs. Then the "fiatleak" pump and dump squads will just recommence at the new elevated reference level. That's the history of this market. Remember - the entire market cap is only a function of the price of the last traded coin. If volume drops to zero and I sell one coin at $1600, I'll have quadrupled the markcetcap on that one sale. So what happens during a revaluation is that dumpers temporarily hold while the elevator is going up. Only a small part of the coin supply is traded while the price is rising - then it all starts again at the new high. So don't worry - the fiatleak phenomenon is just one of the many "players" in the game. Their influence will ebb and flow just like that of merchants, small investors and miners. Right now they're in majority influence but they'll pull back once they've squeezed maximum value out of this phase and then the others will become dominant for a while.
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Damn ! Darkcoin is so cheap, right now ! I was AFK for some days and what a nice suuuurppppriiizze !!! More master nodes are coming up I will set up master nodes until there are only 1 coin left. (I hope buying now won't be considered as stealing. I don't want to go in jail) Rondam - out of interest, where are you hosting them ?
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*********** Amber Alert ***************
World equity revaluation in progress.
Markets throwing toys out of pram at mintpal closing QE ending - want more. Trying to pin central bankers backs to the wall before traders turkey out on free money hose drying up.
Plunge protection teams out in force.
London down 2.4% - diving towards the 4:30 finishing line, ballast being offloaded like it was ebola infected horse manure (oops ! now 2.6%)
Q3 and Q4 GDP figures already being revised (which will only serve to endorse todays speculation).
As I'm writing this, London now -2.78%. That rocket is vertical alright but the engine's at the wrong end.
Having to rely on secondary sources for market feeds because Marketwatch has crashed due to nervous pensioners watching their life's savings being poured down the drain by over zealous central bankers who think that money is the same thing as value.
Observers noting that things would be a lot worse if there was a safe haven:
Cash ?? - zero return Oil ?? - monkey hammered by Opec due to petulence Gold ?? - monkey hammered by an endless supply overleavered paper shorts
That leaves crypto. Un uncapitalised train about to leave the station. Where is crypto now ? Think 1992 and travel agents vs web sites. One was a multi-billion dollar industry, the other was a geek hobby.
Within a few years they had entirely swapped places.
EDIT: Italy is now down 4.5% Spain 3.5% and London 2.8%. We're now on the back side of a tripple top that started in 1999.
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This is a great time to be in equities if "stability" is your priority.
You can make a stable 1% loss per day across the board of your portfolio with the odd daily 2.5% bonus thrown in.
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I had (from memory):
About 3500 CLOAK 280,000 Flutter 25 Darkcoin 1800 Blackcoin
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I had 8 BTC in Mintpal V1 5 seconds from buying MNs when it was taken down instantaneously with no email warning, message on website or Mintpal twitter, then 2 weeks of sending emails, support tickets even legal threats and not 1 single response and no sign of the coins. And no I don't 'keep coins on the exchange' only when I buy stuff I will shoot anyone who comes and says that now LOL. Ouch. I hope you get your coins back. I was wondering how English bankruptcy law sees depositors. If they're considered unsecured creditors then we're at the bottom of the pecking order if they have a lot of debt - specially tax and VAT. On the other hand if moolah didn't actually own Mintpal then the funds might indeed be safe but the question is "who does". They say "a statement to follow". Lets see.
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~1.5 BTC from that wasn't too lucky because I throw it at NEOS (which crashed) Me too ! And I spent exactly 1.5 BTC on it, convinced it was going to get a 4x rise at least. Now I'm at a 50% loss !
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That sucks, dude. Sorry.
Cheers - but I'm not too worried about it. The whole lot amounted to less than 1 Btc of value. Thanks to aunt tante beating me over the head enough times about leaving funds on exchanges I had moved around 1200 DRK off there and into a cold wallet a few weeks before. b.t.w. it looks like Mintpal might survive. Apparently it wasn't owned by Moolah, just managed by them and a new company is taking over at which point people will be able to withdraw funds until 30th Oct (according to statement).
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Yep. They sure succeeded in doing that. I've still got about 3800 CLOAK on there from memory. 280,000 Flutter, 1800 Black 25 DRK and god knows what else.
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Evan do something about this!! LoL What's he supposed to do ? He's got his hands full just writing code never mind wasting valuable time negotiating with exchanges. In the absence of Mintpal, DRK's priority should be getting onto BTCe. Thats the only exchange thats remotely going to give it the profile it had before Mintgox took effect. (In fact it'll have an even higher profile if it achieves that).
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I think i will setup a masternode and just forget it,sell the rest i have @ my buy in point price,and never buy more. My logic says when there are new Gpu's on the market with 20nm technology from AMD and Nvidia we might see a improvement in mining and more coins on the market(if there are FPGA miners or Asics i dont know).But without the miners willing to mine Darkcoin this coin is dead,the price must go up for them for them to make any money,thats why most of them are mining anyway to make money.Here lies the difficult point,if Darkcoin rises to $10 or more it will take a lot of money to buy the masternode's we need for the network,we might never reach the amount of masternode's with that price. Undecided I think you've all got the wrong end of the stick. People have become obsessed with the DRK/BTC ratio when in fact it's Bitcoin value against the dollar that's going to make or break this entire industry. What's the point of DRK going to 4 times its DRK/BTC ratio if Bitcoin's USD marketcap collapses to a quarter ? We are not independent of Bitcoin. Dark IS Bitcoin - just another flavour of it and without BTC, we ain't goin nowhere. At the start of this year I'd have had a much more open mind about this. It wasn't at all clear if Bitcoin was going to survive the barrage of competition it was starting to face from Alts. Litecoin was expected by many to go to a quarter to a third of Bitcoin's price (parity in marketcap terms). Alt coins (including DRK) were seen as competing currencies, not complimentary. As it happened, things turned out a whole lot differently and even I was amazed. Despite all kinds of advanced tech and every type of alternative thought out monetary policy being thrown at it, no coin even made a dent in Bitcoin's marketcap. I suspect we've now reached game over stage in terms of looking for a competitor. Bitcoin is too far down the line in terms of infrastructure, retail adoption, legislative support financial services support and other "network effect" aspects. We need to now see ourselves as complimentary rather then competitive and ride the Bitcoin wave. Bitcoin's marketcap is our marketcap - according to the DRK / BTC ratio. Right now 0.005 may not seem much, but if Bitcoin hits even $10.000 (which it must do to satisfy projected liquidity requirements if it's going anywhere other than history) then a 0.005 BTC ratio for a 5 million coin supply corresponds to a dollar cap of a cool half a billion. ($500,000,000). Put another way, a single masternode holding would be worth around $55,000. In that case, a DRK / BTC ratio change of a mere 0.0001 (say from 0.005 to 0.0051) would amount to a thousand dollar gain. We've got to stop naval gazing and see the big picture: either Bitcoin's going somewhere or it isn't. If you decide it isn't then fair enough - but don't think any other alt is either. If you decide that it is then hang onto your DRK for dear life cos the ride's going to get wild once we hit the next big wave.
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YEAH AND NOW WHAT THE GUY THAT BOUGHT 68 BTC WORTH OF DARKCOIN IS GOING TO DUMP ON 0.0062?? AND EARN SOME MONEY AND THEN AGAIN THE SAME STORY??FUCK THIS SHIT IM SO TIRED AS SOON AS DARK REACH THE POINT THAT I BOUGHT WHICH IS 0.012 IM OUT AND IM GOING TO DUMP 20K OF DARK SO ANYONE INTERESTED ON THIS AMOUNT CAN FIND IT ON 0.012-0.013 RANGE. ultradar:=lowercase(ultradar) ultradar.holding:=(ultradar.holding/2) DELAY PROCESS("ultradar.holding";3600*24*7*4) ultradar.holding:=(ultradar.holding-20,000) ultradar.end
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1.) Let's say we have 3000 masternodes and a 400M marketcap Wow. Now we're talking. 400 million market cap ?
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