They just announced T9 miner (11.5th/s) with less efficiency at 0.126 J/h+7% https://bitcointalk.org/index.php?topic=1755286.0similar setup to early s7 and late s7 (less chips, less efficiency); here they separated S9 and T9 (less chips, less efficiency). Good for those who has functional S9-those will be sold with some premium from now on. |
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Sorry but might want to rethink that price. You can get them brand new online with free shipping (a lot places) for under $160 each.
$160 for a NEW sapphire 480, even 4gb ? ...without sources. hmm... in some dinky outlets, perhaps. Newegg price for new is $185 after rebate, including shipping for 1306 mhz unit Amazon $220 i agree that $200 is maybe too much, however, one day you would want to sell something too and you won't like the offered prices just as well. Since you brought up Newegg, go look again. They have rx 480's with a $20 rebate and FREE shipping for $159.99. not for me..all i see on my screen is $174.99 +4.99 or $179.99+4.99 shipping for a 4gb Sapphire model, which I posted, there is nothing else, so basically $180, not 185, but surely not $160. http://www.newegg.com/Product/Product.aspx?Item=N82E16814202270I wouldn't be surprised if they show different prices for different locations. Maybe this is the case. Go ahead and grab that $160, it is a good price, if real. |
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Sorry but might want to rethink that price. You can get them brand new online with free shipping (a lot places) for under $160 each.
$160 for a NEW sapphire 480, even 4gb ? ...without sources. hmm... in some dinky outlets, perhaps. Newegg price for new is $185 after rebate, including shipping for 1306 mhz unit Amazon $220 i agree that $200 is maybe too much, however, one day you would want to sell something too and you won't like the offered prices just as well. |
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coinbase price $838, bitmain's price $809/btc.
you are paying 3.5% extra bitcoins (after you probably gave 3.99% extra $$ to coinbase for a cc purchase+possible extra cc fees)
I would not buy any miners from bitmain, unless it has an accurate price.
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After I got the new system drive working, and all the apps installed, I was bitching because the screen resolution was not quite as good (long story...of the Ubuntu video driver kind...  ) are you on 14.04 or 16.04? do you have a video card in the system or running on integrated graphics? strange anyway, I see sometimes something like this, but only when the word UBUNTU is flashing, then the system takes over and by the time I have to enter the password, resolution is OK. 16.04LTS. nVidia stuff...especially older cards... i recently got 1060 6gb (one fan) for just above $200. A tiny little thing using 120W (anything else did not fit in my PC enclosure) producing beautiful display in 16.04. It can even mine something if you are so inclined or for fun at around $30-35/mo. |
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Think about it. There is not a SINGLE altcoin worth holding long term in hopes of it going %2000+ ever again. So we would need to be looking at new interesting projects, but there are none.
I asked about Iconomi, but nobody gave a fuck to reply to me.
you think that ethereum cannot get to $200 or zec to $800 ever? Zec was already $2000 close to beginning when it was highly illiquid; still, it is probably achievable. I think that these numbers are quite possible, as is $16000 for btc. I am not sure yet about more than this. |
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After I got the new system drive working, and all the apps installed, I was bitching because the screen resolution was not quite as good (long story...of the Ubuntu video driver kind... ) are you on 14.04 or 16.04? do you have a video card in the system or running on integrated graphics? strange anyway, I see sometimes something like this, but only when the word UBUNTU is flashing, then the system takes over and by the time I have to enter the password, resolution is OK. |
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Most people can't invested 10k in a god damn altcoin... get real. And sure, $200,000 dollars is awesome gains, but you aren't still rich, also it would have required that you sell at the peak.
1) You invested a lot (10k is a lot)
2) You sold at a very specific peak (extreme luck needed)
I don't see it. In any case, lets look at the future and search for other opportunities, we can't change the past. Problem is as we are saying, all alts suck and I don't see any of them delivering 4 figure % gains anymore.
well, you almost definitely cannot get rich within 5-10 years without investing at least 10k in almost all cases (bitcoin being a unique exception in the past). There are no guarantees, but bitcoin, ethereum, monero, zec can definitely grow 1000% in 10 years. Will they? I don't know. |
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.
D=days since Jan 1, 2009
price=$800/(1+e^(13.147-.0071989*D))
this can't be right , sorry, since denominator is above 1 making the result/product equal or below 800 in perpetuity. we already know that it is above 800 right now. Yes, the price is above 800 right now. And according to you, that makes the model invalid. what makes your model invalid is that no matter what the value of D (days) is, the denominator is above 1, which means that you limit your product to $800 (max) or below. Such model has NO predictive value going forward since you need broader space for potential values (especially above 800). |
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.
D=days since Jan 1, 2009
price=$800/(1+e^(13.147-.0071989*D))
this can't be right , sorry, since denominator is above 1 making the result/product equal or below 800 in perpetuity. we already know that it is above 800 right now. |
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Whatever you do, I firmly advise against buying bitcoin via Coinbase credit or debit card.
Not only they charge 3.99% fee on top of their ask price, but cc will also add a $20 foreign transaction fee to it.
I have no idea why, maybe because bitcoin is kind of foreign currency (and not a commodity) according to cc.
$ 640 purchase had $50 fees or 7.8% total
Coinbase=Western Union
I assume you didn't use a USD credit card. The foreign exchange fees are charged by credit card companies. If your credit card is not based in USD, it's likely you were incurring an exchange. no, US cc; CC probably considers bitcoin a foreign currency. Sorry to hear that. I am in Canada so I always get charged with foreign currency conversion lol. Try a different card, some do not charge those fees no, first and last, will use GDAX or Gemini instead. |
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Whatever you do, I firmly advise against buying bitcoin via Coinbase credit or debit card.
Not only they charge 3.99% fee on top of their ask price, but cc will also add a $20 foreign transaction fee to it.
I have no idea why, maybe because bitcoin is kind of foreign currency (and not a commodity) according to cc.
$ 640 purchase had $50 fees or 7.8% total
Coinbase=Western Union
I assume you didn't use a USD credit card. The foreign exchange fees are charged by credit card companies. If your credit card is not based in USD, it's likely you were incurring an exchange. no, US cc; CC probably considers bitcoin a foreign currency. |
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In order to get rich you need to get in at a super cheap price like rpietila did. If you want to get rich from bitcoin now, you better have at least 100 BTC and be ready to wait 10 to 20+ years (and by rich I don't even mean rich, but maybe hit your first million). Other than that forget it.
Pretty much true, but it is not always about home runs. A string of solid base hits may suffice. It also depends on your starting capital, which was presumably ample already (in rpietila case). Bitcoin was $160-170 as late as Jan 2015, only two years ago. From $170 to $820 is solid 382%, which is outstanding for 24 mo. Besides, it all depends on how large Bitcoin becomes (and how soon). After all, there is or will be only 0.003 btc per ea earth inhabitant (on average). Having 3 BTC ($2.5K right now) will equal yourself to a thousand people worth of wealth (0.1% earth-wise). In addition, at some point, I hope that we will be able to earn some kind of interest on bitcoin in bitcoin, not fiat (via LN or something else). But we are talking about getting rich with a modest starting capital, which also means without risking much. Most of us are regular people going from bill to bill, so we would need tons of base hits to amount anywhere notable.. which statistically not going to happen (long term gambling always means you lose). The logical conclusion is as said before.. luck. Right now we have the knowledge of cryptocurrencies being a booming market, but the problem is, there are no other contenders that could give us massive gains again like bitcoin, after bitcoin, so... OK, risto was very bullish of monero when it was, what, 30-40 cents? Did you invest? I did, but then replaced monero with eth and felt smug for a while. Who knew that eth spectacular run would end up (for the moment) in a ditch, while monero zoomed? There was your 20Xbagger or $200K for every 10K invested. |
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re these ^^^ thoughts, EDIT: which are now deleted, so the rest does not make much sense anymore
sticks project is to raise money for BF stuff, this has been articulated plenty.
If you don't want sticks, that's fine.
Would I be too much out of line to suggest that those who buy 2Pac sticks might be considered first in line (so to speak) for boards or any other BF products, otherwise some people are just piggybacking, essentially?
The decision is with sidehack, I just voice my 2c.
On the other hand, if we will have a gazillion of these things (BF), the whole thing is a tempest in a teapot.
I'm going to assume you yourself bought 2-chips sticks; The same was suggested for people, like me, who bought the first sticks (last year and the "club" died) and we still havent gotten any pods nor a S# upgrade kit and i'm not posting around telling who should get what first. Your comments seem a bit self-serving. If sidehack want to raise money and there is a desire to favor early backers, then sidehack should run something akin to kickstarting for funding, and make a list of contributors. But i don't see him doing that atm, so i think its a bit early to try to secure one's place in line. my comments were actually directed toward someone who had comments below yours (he already deleted his comments), there was nothing there that specifically relates to you. consider it a proposal from the bystander. if sidehack does not want to do that, he won't (with 99.9% probability), I recon. |
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Whatever you do, I firmly advise against buying bitcoin via Coinbase credit or debit card.
Not only they charge 3.99% fee on top of their ask price, but cc will also add a $20 foreign transaction fee to it.
I have no idea why, maybe because bitcoin is kind of foreign currency (and not a commodity) according to cc.
$ 640 purchase had $50 fees or 7.8% total
Coinbase=Western Union
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In order to get rich you need to get in at a super cheap price like rpietila did. If you want to get rich from bitcoin now, you better have at least 100 BTC and be ready to wait 10 to 20+ years (and by rich I don't even mean rich, but maybe hit your first million). Other than that forget it.
Pretty much true, but it is not always about home runs. A string of solid base hits may suffice. It also depends on your starting capital, which was presumably ample already (in rpietila case). Bitcoin was $160-170 as late as Jan 2015, only two years ago. From $170 to $820 is solid 382%, which is outstanding for 24 mo. Besides, it all depends on how large Bitcoin becomes (and how soon). After all, there is or will be only 0.003 btc per ea earth inhabitant (on average). Having 3 BTC ($2.5K right now) will equal yourself to a thousand people worth of wealth (0.1% earth-wise). In addition, at some point, I hope that we will be able to earn some kind of interest on bitcoin in bitcoin, not fiat (via LN or something else). |
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unfortunately, XP days are almost over as almost no browsers can be installed or updated.
At least on my copy chrome requires manual download for updates, which is a nuisance.
I don't have problems with 7; 10, however, is something else entirely.
It is incredibly naggy to the point of being obnoxious.
If i had a choice of using win 10 all the time and using no PC at all, i would most likely choose no PC.
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4. You will keep making bigger and bigger blocks, then what?
Profit! As long as computing resources keep growing then bigger blocks do not pose a problem. If we ever reach a point where computing resources, including bandwidth, stop increasing, then it's a good time to stop increasing block sizes. and how do you determine when to increase? I am not even adamantly opposed to increase, but doing ONLY increases sounds really amateurish to me. i wish there is some solution where all kind of methods are merged in (Segwit+block increase+LN+anything else) and you can choose the path of payment (with or without LN). Besides, mining fees would collapse as well with every doubling (then probably recover). |
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Looks like it will take 100h to find a block. I can't waiting to get my reward and going to try slushpool.com I see they find more blocks I know they have higher PHS but seems this kano.is with this late block find and with such a delay of the payment wont fit on my needs.
just say the luck sucks.  well, as you and I agreed last year "luck is not luck at all". it worked last year, but it seems NOT to be working lately. I have no idea why. Maybe it is bad S9, maybe it is solar wind in las vegas, maybe it is some minute difference in the software. I remember reading something unclear about something and before that about something in software that wasn't supposed to be there, but did not affect anything then. Who knows. I guess my point is all I can see is bottom line numbers, which i will reevaluate at the end of the month (by Phil's birthday  I am grateful for the overall performance so far, though. Peace. |
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Lightning Network will probably never exist, first of all.
Secondly, yes it is possible to scale through a blocksize increase to VISA-level transactions. The only difference is you would need large servers. But, the technology exists, it is possible, and it would be FAR, FAR cheaper than what VISA or Mastercard are doing.
Stop holding back your own technology. Even if LN does suddenly magically exist 5 years from now, by then it will be TOO LATE. The peoples of this world need a scaling bitcoin, now. And the easiest way to do this is through a blocksize increase, which is in line with Satoshi's original vision. Stop submitting yourself to the brainwashing.
1. to geometrically increase block size and doing nothing else is a kindergarten/elementary school solution, in my opinion. 2. why do we need to do what is the easiest instead of what is more likely to succeed long term. 4. You will keep making bigger and bigger blocks, then what? 5. I don't even care if it is 1mb, 2mb or anything else, but there has to be a rationale behind the scaling, NOT forks all the time. Hard forks don't work-just look at ethereum. Any contentious hard fork attempt in bitcoin will result in loss of 50-75% total value at the minimum. Maybe this is what you want to achieve? personally, i don't even care about VISA level transactions for at least 10-20 years. I care about limited issuance (21mil hard limit) and investability. 1) The two bubbles we've had in the past seven months are plenty bubbly for me.
2) Lightning network is inelegant.
then, what is? ...crickets |
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