Bitcoin Forum
August 08, 2024, 09:58:24 AM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 [301] 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 ... 989 »
6001  Alternate cryptocurrencies / Mining (Altcoins) / Re: Internet Disconnections and Slowing While Mining on: October 01, 2019, 03:10:54 PM
Do you live in an apartment building or some University ? Generally one GPU shouldn't cause interference, if it did then gamers would complain. Wifi interference is usually caused when you got like a 6GPU rig or 2 not a single GPU.

You should try changing the wifi channel and see if the problem goes away, usually there is interfernce from your neighbours routers and it slows down or drops your wifi connection.
6002  Economy / Gambling / Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!! on: September 30, 2019, 04:41:28 AM
Creating hundreds of accounts as the referrals of one master account my friend. It wasn't that hard to find out C'mon. I know it doesn't make sense to you but there are people abusing this. freedogecoin is no more because of that.

How do they track it down? Is there any system to detect possible abuse of their program? If someone uses VPN services with more than 10k IP addresses managed each day, note down the IP and name of account used to login on that IP and only login when they get that IP back, how will these guys outreach these kind of abuse? Is it legal if someone has 100 devices with 100 static IP addresses and they use the faucet with a single master account and all others under it as their referrals?

Pretty sure the guy just made a few accounts himself and probably didn't bother with the VPN route. And even if he took the time to go with a VPN it's not that difficult because he basically all had them linked to a single account.

This is the reason why many sites no longer offer actual faucets because of abuse like this. A few years back there was very little faucet abuse and I remember some sites would give you like 3000 sats for each faucet claim. And then 2017 rolled around and people started to get clever and basically ruined bitcoin faucets for everyone.

Hence why most sites just offer some demo or fake token plays and instead of faucets they got promos for the genuine members.
6003  Economy / Gambling / Re: This might be a different approach to gambling on: September 30, 2019, 04:27:55 AM
The issue here is that this sounds like a potential scam since you are saying it's 0% house edge and you are running this site under the goodness of your heart.

I would understand if a large Bitcoin casino like Fortunejack, Primedice, Bitsler launched some sister site and claimed it was 0% house edge because it's PvP then I would believe them, because they already got a income stream with their main site. However you don't seem to have one in anyway and it seems like it might be a potential exit scam in the future, especially with the very simple design. Means not too much effort was put into this and another reason why it might be a scam.

My questions are also like the above posters, how can we prove it's really some unique player on the other side of the bet and not yourself, since you know the server seed and client seeds.?
6004  Alternate cryptocurrencies / Mining (Altcoins) / Re: ETH network hashrate going to the moon!!!! on: September 30, 2019, 04:14:21 AM
Innosilicon just released a 500 mhs miner at 750 watts, no sure who is buying a it with progpow algo change.

They didn't just release it... it's been available for over a year

This is probably why ETH value has gone to the dumps. I've always been a strong supporter of ETH but they never deliver or follow through on their promised timelines. They said they would switch to POS very soon, three years ago. There seems to be little progress to make ETH really competitive on a global scale.

Theres always hope in the future ETH will rise again, but at this rate, it may be better to invest on other things for now.

I don't think its because of the ASICs why the price is suffering. Sure it might lead to some sell pressure but the block reward was already reduced twice and the miner revenue today is much smaller than in the past.

The issue is more related to the ICOs which still hold tons of ETH and they sell it on every rally. There are the bag-holders who bought at $1000 and are trying to sell for the smallest possible loss and there are ETH futures which can provide tons of shorting opportunies due to the huge liquidity they provide compared to the spot ETH markets.

Even when ETH finally goes POS it doesn't gaurantee it will return to the 4 digits. Keep in mind ETH was like $10 before the crazy 2017 rally and BTC was like $800. So its price today is still greater than BTC if you compare the ratios.
6005  Alternate cryptocurrencies / Mining (Altcoins) / Re: MINING with both GPU and the CPU on the same PC. DUAL MINING!!! on: September 30, 2019, 04:07:54 AM
In the past whenever I did separate CPU and GPU mining I had to configure it to use all the cores except one. Basically if you try and mine with all cores on the CPU, your GPU speeds will slowdown.

So if you got a 4 core CPU, you need to configure it to mine with 3 cores and leave the last one unused, the last one will be used for the GPU mining. Most GPU miners don't need a lot of CPU resources however if all CPU cores are using 99% usage then the GPU miner will lag from time to time and you will get a slower speed.
6006  Alternate cryptocurrencies / Mining (Altcoins) / Re: Claymore's Dual Ethereum AMD+NVIDIA GPU Miner v15.0 (Windows/Linux) on: September 30, 2019, 03:54:41 AM
I know you can take a log file and if you have a long enough mining duration say 1 month, then you can easily add all the accepted+rejected+stale and get an accurate measurement and being within +- 1% is fairly close.

I think the 1% loss you are talking about is not related to the Claymore software but most likely due to the GPU drivers. I know with my AMD RX series GPUs there is a time when some GPUs hash a little slower for a few seconds and then resume the optimal speed. Been trying to figure out why it happens but couldn't and just left it the way it was because the speed loss was minimal. So find in your logs if your speed was always constant or did it slow down from time to time. You can probably find this easily with MS Excel when you load your log file.
Nobody is talking about speed fluctuations here. The averaged stated speed incorporates them. If miner does not work at some moment it prints 0.000 Mh/s in console (and log) and this zero is heaped when calculating the averaged speed and the number of samples is increased by one for this zero. Come on man use a little the last floor of your body. I talk that this averaged stated speed in console and in the log is 1.5% higher than the real one which can be calculated from the found shares (locally, not at the pools side), difficulty and the time that the miner has worked.

Another way to investigate this further would be for you to switch to a different miner and compare the results after a week or month of mining. I am pretty sure unless you are using the original ethminer included in the ethereum github you should get relatively the same speeds with ETH mining.

So use the other software and take into account the other dev fees and then analyse the results. Use the same rig and same clock settings.

The issue might be that there are lots of new jobs that get sent to the GPUs every few seconds, then when a new job is received the GPUs probably take time to send to the GPU threads and also the current job needs to be dropped and it might result in the 1% loss you are referring too.

How many GPUs do you mine with roughly? Most people with a rig or 2 don't really mind a 1% variance or so.
6007  Economy / Speculation / Re: How to predict Bit coin price. on: September 30, 2019, 03:48:15 AM
The most accurate way you can predict is if you closely follow the funding rates for the bitcoin futures ( doesn't work for ETH futures however). Take a look at Bitmex funding stats,

https://www.bitmex.com/app/fundingHistory

If you plot this against the BTC price you will see that when the funding gets very large ( >0.20% ) for multiple 8 hour periods then a correction usually shortly follows. The issue is to be patient and try and catch the last time the funding rate is high and not get in too early since there were times when it could of went >20% against you.

So use this with basic technical analysis and it should prevent you from taking bad trades. Issue is that this funding rate rarely gets that large, only a few times a year.
6008  Economy / Speculation / Re: If Bitcoin Repeats History? 5 Part TA Series On Descending Triangle Breakdowns on: September 29, 2019, 08:16:54 PM
Giving you a merit because unlike most posts you at least support your analysis with a few charts. And I mostly am looking at the same thing. Right now however it doesn't look like we will hit the $6400 area yet without retesting the $9100 area resistance within the next few days or weeks.

But I think the halving should be interesting because historically it presented a small rising before the halving and usually a few weeks after the halving a huge surge happened. However we only have 2 data points so who knows if this time will it be the same.

People are expecting a pump and we might get the opposite, a dump. Just like people were expecting the $6000 area support to hold back in Nov 2018.
6009  Economy / Speculation / Re: $5,000 is the number - so get used to it. on: September 29, 2019, 08:13:03 PM
The most obvious strong support is $6400 or so, its basically the support from 2018 which should hold... at least temporarily.

And $8500 is minor resistance, the major resistance will be around $9000 which was support earlier this year. Most likely if on the weekly chart if it fails to close above $9000-$9100 then we will have 6 months or so of bear market or sideways markets like we did many times in the past like the 2014 peak or the 2017 peak. Just check the chart and look at the weekly candle bodies and candle wicks. I think this is what most traders are waiting for.

November should be an interesting month but it was usually a bullish month except for last year, wonder if it will be another bearish month like last year. Either way I think we will at least retest the $7500 area before higher.
6010  Economy / Speculation / Re: Down below $9k! Buy the dip now? on: September 29, 2019, 06:27:47 AM
If you want to buy the dip, you should at least do some basic analysis and buy it when there is traders exhaustion. Basically if you remember Nov 2018, each leg down had a huge crash but the ones that happened in first week of Dec 2018, the breaks weren't as deep as the prior breaks. Basically the bears tried to bring it down but couldn't. Why?  Simply because there was nobody left to sell to bring price lower. So bears realised this and they had to cover their positions before a rally started. And they actually had a long time to cover before the huge surge started.

Right now its no different. I am thinking we will break again and hopefully we lose $100 or so and not $1000. The latter would be bad because we would be sitting on $6400 support and hopefully this holds because it would be the last line of defense for the bulls.
6011  Economy / Speculation / Re: I wan't to believe on: September 29, 2019, 06:22:55 AM


April 2019         - BTC5300$
July  2019         - BTC9200$
October 2019    -  BTC16,000$
February 2020   - BTC 29,000$
July 2020          - BTC 56,000$
November 2020 - BTC 87,000$


This was actually posted on 4chan during the bear market sometime last year. So far the prediction was fairly reliable. Now its possible for Oct 2019 to hit $16K, there were days when we had +20% days. So it seems doable however the other predictions are far fetched.

I don't think its possible to go from $29K to $56K in 6 months or from $56K to $87K in as little as 4 months. People need to realize that for price to hit those levels there needs to be massive adoption. Someone needs to buy your BTC you are selling and I don't think too many people would want to pay close to $100K for a single bitcoin, especially in about a year or so since in a few months the year will be over.
6012  Alternate cryptocurrencies / Mining (Altcoins) / Re: Claymore's Dual Ethereum AMD+NVIDIA GPU Miner v15.0 (Windows/Linux) on: September 29, 2019, 05:41:34 AM
I know you can take a log file and if you have a long enough mining duration say 1 month, then you can easily add all the accepted+rejected+stale and get an accurate measurement and being within +- 1% is fairly close.

I think the 1% loss you are talking about is not related to the Claymore software but most likely due to the GPU drivers. I know with my AMD RX series GPUs there is a time when some GPUs hash a little slower for a few seconds and then resume the optimal speed. Been trying to figure out why it happens but couldn't and just left it the way it was because the speed loss was minimal. So find in your logs if your speed was always constant or did it slow down from time to time. You can probably find this easily with MS Excel when you load your log file.
6013  Alternate cryptocurrencies / Mining (Altcoins) / Re: NiceHash Miner - Is there anything better to use? on: September 28, 2019, 04:10:55 AM
Those GPUs were never really good at mining, even during profitable times. The good news is that there is still a demand for those old GPUs with Gamers.

My suggestion is to put them on Craigslist or Facebook market place and sell them and get a pair of RX 470 GPUs instead, with those you can make like $0.20 or so with fair power rates like 10 cents per kwh. You won't be getting rich but at least you will learn the trade and maybe ETH in the future might go up in value and it will all pay off.

Nvidia GPUs usually sell very fast even in times like today where there is a huge supply of second hand GPUs out there.
6014  Economy / Gambling / Re: Primedice.com | Creators of Dicing 🎲 | 29 Billion Bets | 112+ BTC Jackpot! on: September 26, 2019, 04:35:01 AM

The only Official Topic about any upcoming Coins was this: https://bitcointalk.org/index.php?topic=5150234.0



I took a quick glance at that thread and seeing as the voting has ended there doesn't seem to be much demand for stablecoins apparently. The most wanted coins seemed to be Ripple followed by Stellar and USDT seems to be in 6th place.

I am actually surprised to see this result especially given the volatile nature of most crypto currencies, especially alt-coins. Its surprising how gambling sites differ from crypto exchanges. Because there is some type of fiat, stablecoin or syntethic USD on all exchanges because traders always want to be able to hedge their profits against future uncertainty.

My only explanation can be is that traders keep larger amounts of their net worth in a crypto exchange than they do in a gambling site. So most gamblers keep smaller amounts and they aren't concerned with price fluctuations and just want to bet in crypto and either win/lose their crypto holdings instead of fiat.

Maybe someone in this thread can have a better explanation for why that is?
6015  Economy / Speculation / Re: Down below $9k! Buy the dip now? on: September 26, 2019, 04:27:31 AM
Right now you just need to look at the weekly candle and see how it closes. I was expecting today to make its way above the $9000 area however it seems to have stalled and kept making lower lows and lower highs, not looking good.

Sure you can make a long trade here with a small R:R but the issue is where do you put your stop? If you put it at $7999, you might get stop hunted and it can reverse. And if you put it at like $7900, there is a good chance so did many other traders and there will be liquidity issues getting filled at those prices and you might get massive slippage like $200-$300 and have your stop hit at $7600 or so.

And its also not worth shorting this area either, since you might be shorting the bottom.
6016  Alternate cryptocurrencies / Mining (Altcoins) / Re: New rig advice on: September 26, 2019, 04:12:32 AM
If he wants to mine for fun then just let him. This is no different than people buying those USB Sha256 stick miners and mining bitcoin with them in 2015+. Basically you will never find a block, and if you pay anything more than 1 cent for power, you will never even break-even. But people still buy them, even if they unprofitable instead of buying the coin because they do it for fun and to get into a hobby.

He has the right mindset, same as the people I knew in 2016 who were mining ETH when it was $10/coin and they were breaking even on power costs. But they held all that ETH until it hit 4 digits and laughed all the way to the bank.
6017  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: September 25, 2019, 09:16:20 PM
I think the hashrate drop was nothing more than reporters looking for an explanation for the price drop, however I think its nothing more than a coincidence.

I've been around BTC long enough to realise that sometimes when you are waiting for your transaction to confirm due to bad luck it can take over 3 hours for a block to confirm. And I am also used to the very high variance that these hashrate charts can have. Since BTC has long block times, it takes a few days to a few weeks to see an actual hashrate drop from miners shutting down their rigs. For a coin like ETH, it might take a few hours or a day or so to see GPU miners shutting down.

This is similiar to what happened when we broke the $6000 support back in Nov 18. People were saying it was due to Bitcoin SV however its just a coincidence and was mostly due to way too many over-leveraged longs which were liquidated on all these futures exchanges that everybody is using these days.
6018  Economy / Gambling / Re: Primedice.com | Creators of Dicing 🎲 | 29 Billion Bets | 112+ BTC Jackpot! on: September 25, 2019, 09:11:07 PM
One more dive took over Bitcoin since yesterday
Do you think it will return back to normal?
Don't forget to play safe under these price fluctuations Wink



This is why more and more casinos should list some types of stablecoins like USDT and USDC. Because even if you are gambling and don't lose money gambling you can lose money if the price of BTC itself tanks against your fiat currencies.

There are people like myself who just hedge their BTC portions during bull markets however to the average participant that might prove to be complicated. So if casinos adapted some form of stablecoins to hedge their customers deposits against the volatile nature of Cryptos they would be pleased.

I am not talking about old adopters and hodl'er who bought BTC at $100 a coin. But I am talking about the ones who bought BTC at $20K or $13.8K and depositted to a casino, made some small gains gambling with dice but overall took a loss since their actual capital loss exceeded their gambling gains.

I know its mostly due to regulatory risk, however if I recall I think Stake.com had a vote and wanted to add Tether a few months ago if I recall correctly?
6019  Economy / Gambling / Re: Stake.com | The Most Popular Bitcoin Casino | V2 & New games out now! 👽 on: September 25, 2019, 04:42:28 AM
Even whales in Vegas do not bet that much higher than these amounts, we are talking about 100k+ bets on each hand, if there is a whale in Vegas that bets millions of dollars even that dude doesn't bet 100k per bet or maybe they bet that much only.

Do not mistake the total combined wagered amount and the per bet amount, per bet amount of 100k is basically the max you will see in anywhere around the world, there are really rarely anyone who bets more than 100k per bet in anywhere in the world including Las Vegas, all those huge whales that play tens of millions of dollars usually bet 50-100k at most and their combined losses comes to millions of dollars at the end, not millions of dollars per bet because that is really not something that happens that frequently, only maybe handful of people are that rich to do that.

That is not true. I don't know if you remember but there was a MTV show called "Buried Life" and basically they had a list of stuff to do before they died and one of them was to make a million dollars. So they went down to Las Vegas with like $125,000 and were going to bet it 3 times to make it into a million. And they bet the $125,000 and won and then they took the $250,000 and bet it and lost. So the largest bet was $250,000.

There are probably other games like Poker where the pot is many times in the 6 figures, especially on the televised poker challenges. And if I recall there were some which might of been in the $1 million dollar ranges also.

Since each roll is independant of the prior, rolling more doesn't really create an advantage statistically, hence sometimes you might as well risk it all on one roll and save yourself time.
6020  Economy / Gambling / Re: 2dice.io - new design - new impressions! Play for free, test your luck on: September 25, 2019, 04:28:32 AM
First of all not every casino and exchanges charges withdraw fees. For example Fortunejack never charges a withdraw fee and neither does Gemini exchange. As long as you don't abuse the withdraws in anyway like making 100 withdraws a day you won't get issues.

Also not every casino or exchange has instant withdraws. Many of them need to be signed manually if they keep all customer funds in cold storage. For example, Bitmex the largest Crypto exchange only does manual withdraws once a day. All customer deposits are sent to cold storage and kept there, they use multi-sig from various owners of the exchange to create the transactions and they broadcast them once a day. Nobody has complained since they never got hacked due to this method.
Pages: « 1 ... 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 [301] 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 ... 989 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!