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7821  Alternate cryptocurrencies / Mining (Altcoins) / Re: Z9 Mini all batches 1-4 Unlocked with working temp and fan on: November 22, 2018, 12:25:03 AM
I have not downloaded your version, but gave you a merit for your work and for that fact that you giving it out for free. good luck
7822  Economy / Trading Discussion / Early Adopters moving their BTC from old wallets to where ?? on: November 21, 2018, 10:55:03 PM
if you follow > https://satoshi.tokenalerts.com/


14WsnXXF1uY5Mi9oEGAB7rkrTEYBL9xE1N
1sypBuQCwDTK4Hb9RV3C6N5gNx464Q8XS

These 2 wallets have not been touched since 2011.  most likely these coins are generated by mining whole blocks in the early times of mining.

there are more example could be found on the sheet here > https://docs.google.com/spreadsheets/d/1f-iwNHgcoGjSt1iBzrrnO5MsPhFNOuJvbsXP1VBVymI/edit#gid=189298223

Quote
42K bitcoin wallet addresses that have been dormant from 2009-2013 with a balance of at least 25BTC

someone pointed this out on of the telegram group related to crypto. most people took that as a bad sign of early adopters dumping their BTCs, and we all know those early geeks must have a huge bag of BTC.

on the other hand, the way I look it is positive, because I do think that the wealth has to move from the geeks to the wealthy. it goes against the world standards that thousands of nerds become millionaires/billionaires just like that while the whales and the large institution do not get to make most of the profit in any growing market, they just won't let that happen.

also if you consider the market cycle of most markets




we need to get to the anger and depression phase for the market to kick-in. this is the phase where early the adopters and the late comers submit their hodlings to those with better stamina and much better skills of handling the market.

we are getting there people, be patient, another dip to 2-3k , a few months of very low volume and depression and then straight to the moon.

BTCBTCBTCBTCBTCBTC
7823  Alternate cryptocurrencies / Mining (Altcoins) / Re: 3 new Bitmain products D5, DR5, S11 on: November 21, 2018, 03:04:07 AM
Think 10 times before giving your money to bitmain, if history keeps repeating itself, you are never going to ROI.
always keep in mind that whatever you see on the profit calcs is not REAL. the moment you get the miner "as many others do" the difficulty will sky rocket and your only bet will be on the price of the coin you mine. just my 2 cents.
7824  Alternate cryptocurrencies / Mining (Altcoins) / Re: [Awesome Miner] - Powerful Windows GUI to manage and monitor up to 10000 miners on: November 20, 2018, 10:33:56 PM
where i live the temps between day and night at this time of the year is huge. it goes to anywhere from 26-30 degrees at noon and as low as 6-12 at night.


I need some advice regarding asic freq change based on temps.

what would be the easiest way whereby i check temps if they are 90c and frequency is say 500 it drops to 450 , if temps are still 450 another rule will handle the drop to 400m. same goes for when they are cool enough and i need to increase the frequency.


7825  Bitcoin / Bitcoin Discussion / Re: Why most people believe bitcoin to be worthless? on: November 20, 2018, 09:48:54 PM
I think we should be able to differentiate between random criticism and constructive criticism. There are the people who are against Bitcoin just because they have heard that Bitcoin is a scam from any random YouTube video, these people have nothing to do with the fundamentals of cryptocurrency but opposing Bitcoin is their prime responsibility.

On the other hand, there are some good critics who criticize based on some valid arguments and it triggers the healthy discussion and possible solution to the issues raised by them. Sadly, most of the people are under the influence of the people from the first category because of the prime criteria to be the member of second category is the availability of brain.


I think you understood the point of my topic very well. now imagine that your job is to promote bitcoin to the average folks. you get 10 bitcoin in your wallet and you have to sell them "not on exchange or OTC".

how do you get people to buy it ?

 I totally agree with your way of categorizing those potential clients as two . how do we go about promoting bitcoin or crypto in general to those two  types of people?

7826  Economy / Trading Discussion / Re: BTC broke all major support lines, and the worse is yet to come. on: November 20, 2018, 09:15:08 PM
A few  days ago i was still bullish on bitcoin as it stayed strong above major support  trend
Doesn't the fact that bitcoin went below these "support lines" argue against the validity of using TA to trade?  I'm a long-time skeptic of technical analysis, and this just shows me that the market does what it wants with no regard to these fancy voodoo TA techniques and terms.

we see new shit coins every day, most which has no purpose, many scam projects. and recently the hash-war of BCH is one simple example of why the world still think crypto is a risky and easily manipulated market.
You got that right, although I'd argue that "the world" is hardly even aware that there are any cryptocurrencies other than bitcoin.  It's a very small population of people who are even aware of these shitcoins, ICO scams, and now this hash war thing.  Shitcoins are destined to crash to zero--or at least most of them are, and I don't need TA to verify that for me.  One of these days people are going to wake up and realize that no merchant is ever going to accept them and there's no practical use for them, not even as a store of value because of the extreme volatility.

well indeed the market does what it wants to do, it does not really react to charts, but charts react to price.  we as TA people in most cases see the same chart and think that same thoughts, when price broke the trend line bottom which was about 5900$ i personally sold out, and obviously i was not alone in this as my whole worth of btc is not even 0.00000000000000001% of the market cap. but it does accumulate with other traders. causes the panic and price dips.

fundamentals are of course way stronger than Technical, if tomorrow satoshi comes out and prove himself and say BTC is scam, no support and no TA will hold btc from going to 0. on the other hand if we get ETF approved, prices will care less about any Resistance on the chart and will shot to surpass ATH.

but in normal market condition TA does work "not all the time tho Cheesy " . and if you use it right, you simply end up with more BTC in your wallet.

cheers.
7827  Bitcoin / Bitcoin Discussion / Re: Nobody Buying Cryptocurrency :( on: November 20, 2018, 02:23:28 AM
why are you surprised? it is still expensive to buy crypto now as compared to 2 years ago. prices were inflated,  now they are correcting and there is no limit of how LOW they can go , don't get me wrong i am sure they will go pass ATH but not soon, the worse is yet to come. 3500-4000 is very likely the best scenario for this major correction in my opinion.
7828  Economy / Trading Discussion / Re: BTC broke all major support lines, and the worse is yet to come. on: November 20, 2018, 02:14:13 AM





A few  days ago i was still bullish on bitcoin as it stayed strong above major support  trend as well as horizontal support support of 5800$-6100$. the bulls defended that area for from the beginning of the dip on Feb, the long positions on that area were always big enough to bring price up as soon as it mingles around those prices.

this time however, it's pretty different. price went pass them like they were nothing. the area from  5800 to 6100 is has now formed a very strong resistance levels that do not seem to be broken before making a considerable low.

I do believe there could be one more bull-trap before we head down. but most likely nothing major.

The next support would be 4900 which happens to be both trend line as well as a horizntal support formed on Aug 2017 " previews resistance". yet i would not count on that to be a kick start for a new bull run. price will surely bounch back from there only for correction.

breaking lower the 4900 will easily take us to 2900-3100 which is a strong support formed on Sep 2017 from a previous resistance formed on June 2017, what's more interesting that price meets the concept of "history repeating it self" which is about 85% drop from ATH that started in late 2013.

this is the most likely scenario that i expect now, however the hardest part would be the timing. if history is to repeat itself then we will remain a bear market till around Sep 2019 before the next bull run starts.

-------------------------

From a fundamental point of view. recently Crypto has not made anything noticeable that could make it attracting enough to be 2-3 Trillion market.

we see new shit coins every day, most which has no purpose, many scam projects. and recently the hash-war of BCH is one simple example of why the world still think crypto is a risky and easily manipulated market.

we will need couple more months to clear out the path for the true vision of crypto for preparation of mass adoption. as with this situation,prices are as best as they get.


no fud here, just trying to point out the facts. i want nothing more than BTC going to 1 million over night. but this is just not happening.

being realistic can save you from future coming events that may break your heart.



Charts now are pure bullshit, we have here a big dump the will be followed for a bigger buy force that will put us in a huge bull run, never seen im history before.

Ya right  Grin
7829  Bitcoin / Bitcoin Discussion / Why most people believe bitcoin to be worthless? on: November 20, 2018, 02:08:56 AM
most people think that "No useful Dapp or any sort of business based on bitcoin or crypto in general that is making a decent amount of revenue except for exchanges and mining hardware companies.!"

If you have to debate with someone about the "real" value of bitcoin. rather than people buying it to sell it for more fiat , what are the proper arguments that you have to use ?

people have already built this kind of immune system against the benefits of Decentralization which is bitcoin strongest weapon.

i mean the average person does not really care about centralization, more than 90% of the world's population, go to work early morning, go home in the evening, get paid by the end of the month and really do not give a fudge whether their money is sitting at the bank or an Exodus wallet as long as they get to spend it.

that average person would buy into a new idea if it has something of a direct change on his life style, i mean if you were to invent a cheap flying car then the whole world would want to have it.

I was trying to promote bitcoin to one of my friends, and he did not seem to be impressed at all, a while later another friend of ours talked about this new product that you  can apply to your penis  and get an instant 0.5 cm extra length and my friend got so excited and said he is going to buy it. Shocked

it's not funny i know, but seems like he has got a small one and he needs to fix it. so he THINKS he is got a problem , therefore whatever solution you throw at him is an easy SELL.

but people do not really have any problem with fiat or how govs print money out of thin air. they really do not care as long as they get enough of it .

so what is the real use case that we can plant in these people's heads ? do we have to create a problem that matters to them and then propose bitcoin or crypto  in general to solve that matter?

how do you go about convincing some one into at least believing in bitcoin as appose to buying it. ?
7830  Other / Off-topic / Re: Flat Earth on: November 20, 2018, 12:47:52 AM
Badecker's post above is a clear display of a typical jesuit tactics to discredit The Word of God and bring confusion to people which are honestly seeking The Truth.

You and baddie are on the same side.

You're parents may have read from different versions of the bible, but it's the same fairy tale...

 Cool

The Bible says point blank the Earth is motionless in multiple passeges, BADecker prefers to deny the word of God in favor of the Satanic lie Earth moves and turns. There's no difference between the false globe science NASA preaches and the false globe religion BADecker espouses.

BADecker is on your side of the argument, the wrong side. Science proves the Earth is flat and motionless and the word of God confirms it.

If you think the earth is flat because it says so in the Bibble, then maybe its about time to realize that the bible is not the words of God, neither the earth is flat.



and before you shut your eyes/ears , watch this > https://www.youtube.com/watch?v=anco9K7YNOQ

judge by yourself.
7831  Economy / Trading Discussion / Re: BTC broke all major support lines, and the worse is yet to come. on: November 19, 2018, 05:30:54 PM
Aaaand support lines keep getting broken it seems. I thought a new week would see us recover from that sudden plunge but the trend hasn't changed. Hopefully you're wrong dude but current happenings point out to exactly what you said.


we will most likely have some sort of correction to 5450-5700 before attempting another low. unless BTC makes a daily close above 7500 , it will always be safer to short it. many people keep their eyes closed and waiting for 20k again , i know not every is a trader. but it really does pay off when you sell high and buy low. my plan is to get more BTC shorting it, not to get more fiat. as i am pretty sure BTC will sky rocket. but it's just not now. not until 2020.
7832  Bitcoin / Bitcoin Discussion / Re: Bitcoin is less stable than some ALTs ! on: November 19, 2018, 03:57:30 PM
I think the recent movements on the market have shown that Bitcoin is more stable than alts. When there is a crash or market is going up, then usually Bitcoin is the one that is crashing less than others or gaining momentum slower than others. So, I would say that alts are less stable than Bitcoin.

Thinking, believing and hopping do not always reflect the truth. look at the charts.
7833  Economy / Trading Discussion / BTC broke all major support lines, and the worse is yet to come. on: November 19, 2018, 12:43:45 AM





A few  days ago i was still bullish on bitcoin as it stayed strong above major support  trend as well as horizontal support support of 5800$-6100$. the bulls defended that area for from the beginning of the dip on Feb, the long positions on that area were always big enough to bring price up as soon as it mingles around those prices.

this time however, it's pretty different. price went pass them like they were nothing. the area from  5800 to 6100 is has now formed a very strong resistance levels that do not seem to be broken before making a considerable low.

I do believe there could be one more bull-trap before we head down. but most likely nothing major.

The next support would be 4900 which happens to be both trend line as well as a horizntal support formed on Aug 2017 " previews resistance". yet i would not count on that to be a kick start for a new bull run. price will surely bounch back from there only for correction.

breaking lower the 4900 will easily take us to 2900-3100 which is a strong support formed on Sep 2017 from a previous resistance formed on June 2017, what's more interesting that price meets the concept of "history repeating it self" which is about 85% drop from ATH that started in late 2013.

this is the most likely scenario that i expect now, however the hardest part would be the timing. if history is to repeat itself then we will remain a bear market till around Sep 2019 before the next bull run starts.

-------------------------

From a fundamental point of view. recently Crypto has not made anything noticeable that could make it attracting enough to be 2-3 Trillion market.

we see new shit coins every day, most which has no purpose, many scam projects. and recently the hash-war of BCH is one simple example of why the world still think crypto is a risky and easily manipulated market.

we will need couple more months to clear out the path for the true vision of crypto for preparation of mass adoption. as with this situation,prices are as best as they get.


no fud here, just trying to point out the facts. i want nothing more than BTC going to 1 million over night. but this is just not happening.

being realistic can save you from future coming events that may break your heart.

----------------------------------------------------------------------------------

24/11/2018  9:55 pm (GMT)
UPDATE : BTC is down about 30% from the time I posted this, some moon boys probably did not like what i said, some said TA is B.S . but if even 1 person took my analysis seriously and benefited from this i am glad enough.

currently btc is trading at  3940$ on binance .

we will see some relief from here, but most likely only a bear flag that will only bring another dip.

my strategy is to buy into this market slowly as the bull run could happen any time, but major buys will be around 2900-3100$ .  i might increase my buying postion at 3500$ area if i see some good price action.


as i mentioned in one of the comments, the only way for BTC to really be in a bull market is with a daily close above 7500$ with some huge volume, aside from that any surge is nothing but a good chance to short.





7834  Economy / Scam Accusations / Re: CoinArbs.info scam - Bitcoin Forum fake page on: November 18, 2018, 02:08:12 AM
Sorry to hear about what happened to you.

but to be honest these guys are smart, i mean who would have though of cloning a whole forum i even spoke to the devil and he confirmed it was not his idea !, change a single letter in the url/domain, make a complete thread with all different types of member ranks , questions, answers . this is so much effort spent , much more effort than the old school of "send 0.1 btc to receive 0.5 btc".

thanks for sharing this , nice catch.
7835  Bitcoin / Mining support / Re: Help and/or advise: bricked my S9 with flashing LPM fw on: November 18, 2018, 01:46:31 AM
I do not think you need to use the SDcard method. as long as power didn't cut during the flush.

you just need to perform a different reset method. which is using the IP report.

1- Turn the miner on

2- Hold the IP reported for 5 secs

3- Power the miner off (while keeping the IP-report button pressed)

4- Power on ( while still keeping the ip-report pressed)

5- allow up to 30 mins and then look on your router dhcp leases. and it should show there.

some times you need to off and on again after step 5.

let's know how it goes.
7836  Bitcoin / Bitcoin Discussion / Re: Dr.Craig Wright talking about the end of bitcoin next year. [No FUD here] on: November 18, 2018, 01:29:57 AM
Craig is sick and needs immediate care , really.  while promoting for his bitcoin cash SV (shit version) he brings up all kind of fud and bullshit about dumping BTC for hashing power , then goes about flaws in SegWit that he will reveal next year on twitter , a few days later while is he losing the hash-war he signs a valid signature for Satoshi’s key from block no 9 telling the same bullshit about SegWit, without revealing  the actual preimage for the hash of that message, thinking that everyone is so stupid to take this signature for a proof that he is Satoshi.

all he does is spread fud/rumors that suit his interest, if he suddenly changes his mind and invest deeply in BTC you will see all kind of new behavior talking about how BTC is going to 1 million in 2 weeks.

Do not panic, BTC has some of the world best programmers/coders/developers on it's side. if anything was that bad , they would have fixed it long before Craig sees it in his dreams. 
7837  Economy / Speculation / Re: Bitcoin is dying? on: November 18, 2018, 12:07:33 AM
Hey guys!

I have some btc in my wallet and I believed in best but yesterday I watched some crypto news and everything seems to be even worse than I expected.
Some crypto experts told that till the end of the year Bitcoin will lose 50% percents and will come to 2500-3000$..

I don't know whether to believe in it or not.. There are so mane predictions these days.

What do you think about it? Is it still worth holding or it's time to sell everything and forget about it?

BTC could very possibly go to 2500-3000$ but not because the EXPERTS said so. if the experts know this much why haven't they bough BTC for 1$ and sold at ATH? they would have been so busy spending the money they made rather than posting some bullshit online.
7838  Bitcoin / Mining speculation / Re: Research shows it is hard to make money with bitcoin mining on: November 17, 2018, 11:27:01 PM
The hardware companies first using their machines would make a lot of sense. As they have to test the machines anyway, they should have early access anyway. You would expect something like this to be buried in pool archives somewhere (as they show the block winners, but likely anonymous accounts).

[...]

I disagree with this theory of hardware companies use their machines before selling them. unless you mean " using their own , keeping their own" and after wards sell " other machines of same specs" that COULD make sense.  but there is noway they could mine with an ASIC and then pack it, and sell it as a brand new.

if you have ordered any ASICs from bitmain "for example" you could tell by

 1- how clean they are: I randomly disassemble my gears and they all look 100% dust-free.  the cost and time needed to bring it back to this state after even as low as 1 day of mining is amazingly high. try it out, it just will not work. a brand new device is a brand new device.  

 2- the smell of the "never used"electronics. if you have enough experience dealing with electronics you can really SMELL and FEEL something that has never been powered up, not even for testing.

of course there could be some exceptions of some ASICs they used/tested and then sold as a brand-new but this is minimal and most people who support this claim against hardware companies are people who lost money investing in something they do not understand and will do/say anything to make themselves feel better. not defending any ASIC manufacturer just stating facts  Grin  

aside from that I agree with your concepts. very nice paper and good job.

oh i almost forgot ,what do you mean by
Quote
"More efficient consensus mechanism like Proof-of-Stake to counter decentralization that results from high upfront investments and risk."
is required for bitcoin mining to be a sustainable business (in an economic sense) ?
7839  Bitcoin / Mining speculation / Re: Rig hosting farms? Building your own mine is dumb on: November 17, 2018, 11:03:29 PM
I am no psychologist but you do seem like you do not think you made the best decision when you chose to have your miners hosted for you. you are just hopping people will support your choice and say hey you made the best decision of your life.  ! i don't know exactly what are you hoping to read but I can tell you that there is nothing wrong with both methods. it all comes down to your way of doing things, skills , location and available time.

in most business, the greater the risk, the higher the rewards. you chose to take less risk by paying extra and getting less profit. nothing wrong with this.

myself on the other hand would only build my own, specially if the number was a big as yours 2000 S9's. as you mentioned you were able to start mining when there was a market for it. so assume you paid well over 1k per miner, you went above 2 million $ ! . I do not know about your whereabouts but where I live it would be very stupid to have 2000 Asics hosted. you looking at about  3 MW set up. nothing too complicated ! , i would have made much more profit building my own farm than having my 2000 Asics hosted at more expensive power rate.

but again as i mentioned it all depends, most Chinese farms buy their own power plant, typically building a whole complete infrastructure  from scratch in order to get dirt cheap power rate as appose of having the electric company supplying them with their own . this does not make them less smart than you are. it's just different for everyone.
7840  Bitcoin / Bitcoin Discussion / Re: Bitcoin is less stable than some ALTs ! on: November 17, 2018, 10:00:20 PM
the main point here is simply asking why havn't we seen a huge drop on xlmbtc and xrpbtc ? usually when BTC dips alts dumps against it. but this last dip it was pretty different.

it is because in the charts you have posted here, you have zoomed out of bitcoin chart as much as you could and you are looking at the daily charts while you have zoomed in the altcoin charts and are only looking at the bounce back part of it so you think there was a rise.

what happened is that there is a huge FUD going on against bitcoin and there is a huge sell off in bitcoin market which is KEEPING the price down while the altcoins got dumped as bitcoin dropped but since there was nobody "continuing to sell them" the price bounced back a little hence decreasing the over all size of the drop when you calculate it using the current price and price before the drop.

you have  quite a good imagination , i did not zoom out or in of anything. i simply screenshot the charts as they were showing on my screen with no intention of making any illusion. the charts were simply to show you the last 3 candles on the daily chart regardless of how large or small they may look they are all on the same time-frame. these are charts based on real values, it's not what i THINK as you mentioned.


any how, you have a good explanation on why haven't those coins dumped. which is obvious ! nobody was "continuing to sell them" which has not been the case in most other dips. most of the time if not all, every time people sold bitcoin with that huge volume , people panic and sell more ALTs. it's this concept that most traders have, if btc that has almost 50% of the market cap is dipping then it will only be worse for ALTs. but this time it was different. and if you look at XRP chart of today it's up 5.5% the last 24 hrs. this makes xrp down by -2.7% on 7-days change.
xlm gained 2.77% the past 24hrs makes it down -5.32% based last 7 days change,
while bitcoin gained .16% the past 24hrs and down by -13.46%  on 7 days change  * all based on USD rate for 7 days change.




the image above is from CMC app , which represents the average of most exchange platforms.

if you can't trust the numbers shown there. open the charts and do the calcs yourself. you will get at least 99% the same figures. so really it's nothing of what I THINK , it's what the numbers show.


Again i am not shilling any of these coins, in fact i am quite upset about my thoughts. i am worried that people will keep selling their btc for ALTs ,specially those POS coins that i personally dislike.

one guy i knew sold all his btc for xrp thinking xrp has a better support by bankers and in terms of growth centralization will have better success. seems like he is not the only one thinking this. and this may be a new trend for many traders. I hope i am wrong tho.

anyway the next DIP will show how will investors react.


I pay attention to some stable altcoins, those are...
DGD (DigixDAO)
USDT (Tether)
MKR (Maker)
BTS (BitShares) and DAI
to be honest, Bitcoin is still far less stable than these five altcoins.

i wouldn't touch any of those coins. risky as hell. if you want to be in the stable mode then just keep fiat. just my 2 cents


If we analyze the market in 7 days interval, we can arrive to any conclusions, depending on which intervals exactly to pick. Maybe for now BTC seems more volatile then some of ALTs, but in the long run I don't find these charts to be a reliable source of data for trading or investment decisions.

indeed , 7 days interval is no were near accurate enough to come up with any conclusions. but this could be a kick-start of a new era. Shitcoins surpassing BTC, and if that train is about to move i want to be in it not just watching from the outside Cheesy
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