I had no idea what you all were "arguing" about. So last night I went off and finally got around to educating myself on exactly how mining works in regards to difficulty, hash rate etc etc etc. And even I can see franky1 is completely wrong.
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Some people will believe anything no matter how unbelievable it could be. http://arellcapital.com/http://www.freemanspogli.com/Domain Name: ARELLCAPITAL.COM Registry Domain ID: 2109230591_DOMAIN_COM-VRSN Registrar WHOIS Server: whois.publicdomainregistry.com Registrar URL: www.publicdomainregistry.comUpdated Date: 2017-03-29T06:07:16Z Creation Date: 2017-03-29T06:07:15ZRegistrar Registration Expiration Date: 2018-03-29T06:07:15Z
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Assuming you're mostly going to do ALTs, both of these are what you want. https://poloniex.com/ - tends to have more volume, lower fees but chart sucks. https://bittrex.com/ - better charts. I prefer Bittrex for a variety of reasons but everyone has their preference. If you're going to get serious about things then you should probably sign up at https://www.coinigy.com for their charting and the ability to set alerts etc. And yes, you will lose especially if you trade on emotion, listen to all the hype on the forums and troll boxes etc. Stay disciplined, set out some rules for yourself and stick to them no matter what.
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I wonder a coin of Factom's stature is still not on Coinbase; WHY? If we see the potential of this coin it could definitely be rated as the second best coin after BTC. This is not because I might be holding few. I don't usually trade or invest in crap alt coins. I wish we could make a request to Coinbase to add such a precious coin. I am sure they will get more customers too because of FCT. It could be a win win situation for Coinbase as well as Factom.
Any thoughts? Coinbase is a financial company. They took on Etherium mostly because of smart contracts. They JUST added Litecoin. Litecoin has proven it's staying power, has always been considered the silver to Bitcoins gold and with segwit and the upcoming LN they've positioned themselves to be the microtransaction coin to bitcoins store of value. What exactly does Factom provide that would make you think Coinbase would even consider them given the sort of criteria they've used for those 3?
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Actually, another question, do you happen to know why they're all so bullish right now? Bitcoin's shooting through the roof and that's driving everything else, or people have just decided this is where the money is, or this is just some random aberration, or what? A lot of the money going into Bitcoin right now is the FOMO (fear of missing out) investors. When bitcoin reaches a point where the market makers believe it's time for a correction, they put money into the alts which is "mostly" what we're seeing right now. Then of course the FOMO investors pile in as well and the market makers start to take their profit. If/when bitcoin declines, the market makers also move back to bitcoin. There was a couple little pieces of news today that are probably what drove bitcoin up today and thus caused people to pull some money out of alts. This sort of thing happens time and again here. This overall trends tends to hold true all the time. But you also really need to look at each coin individually. Some have been going up due to a some upcoming release alongside the general ALT pump. There are some that are being pumped by PnD groups as well. Lots going on right now but overall, there's going to be a massive correction for tons of this stuff soon.
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I was more thinking that the present pump is the third in the past few years, and I'm going to wait for it to dump and then I'll buy in, would you consider that a viable strategy? Definitely that's what you want to do. Don't be the "dumb money". It becomes pretty clear when you look at a chart of a coin going back a few months up to about a year. You're going to see practically every alt coin in the midst of a pump right now. I hate recommending coins. Assuming you're going to be smart, buy low and then sell once they give you a decent profit (not get greedy) and then rinse and repeat, then some of the ones you could look at are ETH (maybe even ETC), LTC, DASH, XMR, NEM, ZEC. Those are probably some of the "safer" ones. I would even put Doge in there as that's pretty much a nice 2x every "year". Beyond that you're going to have to research them to see what you really think.
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Hey everyone, this is a serious issue. XRP was trading just under 500 sats and STR under 150 sats just 2 months back. Both are shitty premine coins that is hugely controlled by the developers.
XRP pumped to 15k sats which is a 30x and STR pumped to 5k sats which is a 20x.
Somehow the devs knew about the Bitcoin pump and they desperately hurried to pump their coins and dump onto newbies at higher prices. So many new people had lost a lot of money because of this.
Its time for the communirty to take action now, this is a bad practise and should be illegal.
We should sue the devs and shutdown the Ripple and Stellar company once and for all. Ok. Can you provide us with conclusive proof that would hold up in a court of law that the devs did what you claim?
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Maybe someone will post that info on reddit. He only did it a few hours ago and not many have seen it yet.
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I sort of liked AppleArtbyte and have some in an older wallet. But the other day I went to upgrade to the new wallet and it's full of viruses (as reported by Virustotal and yes, many of them are going to be false positives). So I went and checked a bunch of other wallets and about half a dozen I tested (including big ones like litecoin), had 0 to 5/7 reports, pretty much all the bitcoin miner ones. So for me, it was simply not worth any sort of risk to install Artbyte. I would strongly recommend you do some real work to bring that down to where other coins are.
Your post is bull shit, because we have the same wallet we have always had, we only changed the logo when we changed the name. https://www.virustotal.com/en/file/d15e50357fde6b3ba591d9af9ba41fb1d29981db968d2e9b4ae97943fc2c085b/analysis/I've never seen a result that bad with 34 out of 61. As for your comment about the wallet being the same, I can't determine that now as I had deleted the previous version and I only have backups of my wallet etc. Maybe it's on an old HD somewhere. Either way, I don't see what you're getting all worked up about. It's in your best interest to do something about this. If you can't see that than you seem to be more interested in being defensive than taking some constructive criticism. Either way, good luck to you.
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unlikely to drop. The prices will go to 45usd then it will pull back to around 30+ usd.
dude it already dropped and recovered and we made profit ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) it went down from 0.02219 BTC to 0.015 BTC yesterday and that is a -32% drop. and no i am not interested in USD value since i am only trading on bittrex and with bitcoin and that profit is important to me because it is earning more of something that will also rise not earning more of fiat that is same price s ever. It appears the first transaction on litecoin mainnet using LN has already been done.
any reference for this. unless that youtube link was it, in which case any other reference i can't open youtube from here ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) https://www.reddit.com/r/litecoin/comments/6ag2ih/litening_lightning_on_litecoin_mainnet/
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thank you viper. really appreciate the detailed response. i tried to watch those videos you mentioned and definitely learned a lot. Also, the 6gpu rig is awesome! As I'm starting up, i'm seriously considering utilizing my current sff case.
I wonder, since i'm purchasing a long GPU (RX 570), is there any issue if I also install a powered raiser to this lone gpu just so I can use it on a small form cpu?? I have never built a rig myself so my knowledge is limited to what I've read and watched so can't really answer your questions. I would say though that you might want to really look into whether you want to use a 570 or not as I think theres some sort of issue if you want to tweak things to get the best performance out of them. In this video around the 6:40 mark he talks about why he doesn't recommend using the 500 series cards. I was always wondering myself why these guys seem to stick to the 480s etc and I guess this is one reason. https://www.youtube.com/watch?v=ZPeucGGU7A4As for the case, lots of people just use that angled aluminum stuff and wood. Some of the videos show that and I think it ends up costing like $30. But really, unless you're doing a multi GPU rig, I don't see why you can't just use a standard case. You might want to see if you can watch one of the bitsbetrippin live streams. Or even try leaving either of those vid channels comments. I'm sure they'd be able to answer some of your questions.
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my opinion there can be some frustration those days or weeks , but general trend should be up and only . with near instant transaction litecoin will get more investor and more use , what is the point of paying high BTC fees and waiting hours for some coins to arrive , more after SegWit activation there is more to come LN network first implementations are to be released in a month or so I guess, in-house testing is already underway for some time. It appears the first transaction on litecoin mainnet using LN has already been done. So other than some ongoing hype about this stuff, I don't see any solid reason why the price should keep going up much more. Course it would be in some peoples best interest to drag this out to drive the price up so we'll have to see how it plays out. https://www.youtube.com/watch?v=baHHMNA8yf4
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This is interesting as I had stumbled across some of these coins the other day and when I went to look into them they seemed dead to me. Will need to have a look again in more depth. Would be fun to own some of them.
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I sort of liked AppleArtbyte and have some in an older wallet. But the other day I went to upgrade to the new wallet and it's full of viruses (as reported by Virustotal and yes, many of them are going to be false positives). So I went and checked a bunch of other wallets and about half a dozen I tested (including big ones like litecoin), had 0 to 5/7 reports, pretty much all the bitcoin miner ones. So for me, it was simply not worth any sort of risk to install Artbyte. I would strongly recommend you do some real work to bring that down to where other coins are.
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There was none as it was just a pump and dump scheme. Looks like they've finished dumping into all the dumb money now.
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IMO LTC, but not now. It's price is currently too high to be making any sort of "long term" investment. Course I don't believe you can treat Crypto the same way as you would stocks so "long term" for me is a much different thing.
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Jeez. A newbie who clearly doesn't have a clue how the markets in crypto work. Just more fools that will lose a lot of their money.
You know they are the reason the bubbles start and then pop. They just follow the money. The bubbles "start" when the big money gets put into something and they pop when it gets yanked to be put back into something else. When the "big money" stops being put into bitcoin (cause they know a price correction is coming), they put a bunch of it into altcoins. When bitcoin declines, they pull out of alts and put it back into bitcoin. Everyone else just follows along for the ride. That's a very simplist outline of how things tend to work here.
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