I have an unused server with 20GHz and 20 rams. Is this even feasible to make any profit on any crypto?
How comfortable are you with computers? Unfortunately RAM doesn't matter so much for mining. What you need is computing power. Given that you say you have 20 Ghz, assuming thats a cluster of CPUs or something, the first thing you'd need to do is check how much your electricity rates cost, make sure it's at least less than $0.1 kwh. Afterwards, just setup your mining software and go crazy with Monero. |
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Hello, here, on Bitlocus we have launched two promotions for those who are trading fees aware: 1. Each new verified client gets 30 days of free trading. 2. After that, you will be able to order our recently launched "Zero Trading Fee" service which costs 9 EUR/mo (charged in advance) or simply go-ahead with the default volume-based fees ranging 0.1 to 0.01% for makers and 0.2 to 0.06% for takers. Extra candies are: - referral program (20% instant commission from the trading fees your referred user has paid) - crypto tolerant European IBAN service (3rd party) Be warned, while free trading is great, it may not always be the case. There have been so many data leakages and phishing attempts online that have been rampant, especially in the crypto world, that you have to be careful about the things you sign up for. Are you really willing to share your data or even worse, risk your money being taken away, for just a few dollars on trading fees? |
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I put in Litecoin halving into google and got:
"Will litecoin go up 2019?
According to oracletime.com, the advantages of Litecoin over Bitcoin will interest many new investors. Their Litecoin forecasts for the end of 2019 is $1000, but there are predictions that it could even rise up to $2000!"
Thoughts?
Thats what you get when you blindly google a search query. Obviously there will always be two sides to a coin and people who are pro-litecoin then will try and find ways to promote the coin. You'd be surprised about how easy it is to develop a website and manipulate SEO to make it appear on google's front page. Don't take any meaning from it, it means nothing. The way its going, i personally think Litecoin doesn't have much potential. |
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Things why a person can easily get scammed in crypto-world
1. Greed
2. No knowledge about the project
3. Trust
This are the three main reason why they get easily scam
Greed, because there are a lot of promise by the campaign and the developer we easily believe that its true
investing a lot of money in the project that is garbage.
No knowledge also is the second reason because of the trend they just go and invest without any knowledge of the said project
Trust because they trust the people in the project which sometimes pretends that the person is a member of the project
they can easily decieved that once they invest , they will soon find out that the person is just impersonating , and not really
what all expected.
While those reasons are true, i believe there are more important reasons as to why people get scammed: 1. Not doing the necessary research. 2. Not having a plan. 3. Investing more than one can afford to lose Remember there are no shortcuts in life, be smart. |
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This Binance news probably won't have much effect on Bitcoin. Although Binance is the largest exchange in terms of volumem Bitcoin has been traded in the US for years now so having a new office open can't have that much of an effect. There may be new traders registering, but given KYC is also required the same way, they probably already have accounts on Coinbase and are already trading nonetheless. |
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The cryptocurrency market isn’t demonstrating any support to altcoins, a few monetary standards are doing great and some are experiencing awful occasions in the market. The main digital currency bitcoin is still under bearish weight, in any case, Ethereum and Ripple are doing great today. Then again, one cryptocurrency in the market which eclipsed beating numerous other significant monetary standards, which is the Verge. As of now, Verge is exchanging at the estimation of $0.003881 and the estimation of the cash is expanding by 2.77%. The market capitalization of the cash is $62,029,629 and the 24-hour volume of the money is $3,920,004. The coursing supply is 15,982,868,119 XVG. New Source: Thecoinrepublichttps://www.thecoinrepublic.com/verge-xvg-price-analysis-xvg-bulls-outperformed-major-cryptos/2.77% isn't much, how can you say that bulls beat crypto? Ethereum and Ripple in fact were up 5% just a few days ago. Also when it comes down to it, the fundamentals of Verge don't look so good being it's just a coin to buy and sell on porn websites. I'd rather invest on more promising coins like Ethereum. |
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You know how this is going to end. You might be trying to lie to yourself, you might be secretly hoping that some token in your "portfolio" that you have 10 million of is going to moon to $50 and make you rich, but let's be real: that is not going to happen. Even the allegedly strong altcoins like LTC or ETH or whatever is cool these days (I've been out of this game for a while) are not doing well and BTC dominance is growing. Which makes sense if you think about it. BTC can do most of what any altcoin can do and the few really useful features that BTC is missing (private transactions for example) are implemented by multiple altcoins, fragmenting their market share.
And the elephant in the room: 99% of altcoins are total garbage. They're called shitcoins for a reason.
Sell your altcoins and tokens. Take the proceeds in BTC, stick it into a cold wallet, keep some online to play around with Lightning and other things that actually matter for real-life stuff, like being able to buy something. When was the last time you were able to use for example Ethereum for something tangible, not to buy some garbage tokens or to play a game?
Do it today. Your grandkids will thank you.
Finally, someone i completely agree with. Since 2017 ICOs have been proving themselves to be complete scams and abandoned projects. 99% of altcoins are going down the drain and i'd say that the 1% is only Ethereum (if and only IF the upgrade to ETH 2.0 proof-of-stake pushes through). Sell your altcoins! |
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The question is as simple as the subject line,
Do you think AI enabled trading bot really exists?
We often see websites with such claims that they have developed a AI enabled trading bot which generates income for them in an automated manner and anyone who invest in their platform. I strongly believe that these kind of schemes are just cleverly disguised ponzi schemes and no such trading bot really exists.
What's your view on this? Have you ever experienced any such trading bots that generates automatic income for you?
AI trading bots are quite popular now and this is very possible. The right question would be, to what extent is the AI trading, what is its trading strategy? is it profitable? A trading bot that learns by itself seems like too much from the movies but there are simpler trading bots out there that can be made to make profit. An example of which is dump and pump trading bot which simply buys dumps or sells pumps whenever it detects massive volume and price change. |
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Why would some ico shitcoin testnet mining (where the centralized authority credits mainnet later) be the savior of gpu mining. That's like a bad joke and nobody is laughing.
ethereum just did that ^^ lol people cry about the mining situation, and then a new coin launches thats pow and people hate on it / dont support it to any degree Those will be the same people crying when theres no pow options left anymore No that's why you adapt, gpu mining has already been struggling for a while, especially at standard power rates. I suggest those who like being able to switch algorithms really take a closer look into fpga. Thats sounds great, but the problem is FPGAs have so much downside. 1. It's not cheap (unless you want to earn pennies as a hobby with those small ones) 2. There is a learning curve that requires a bit more effort than GPU mining (what is a bitstream) 3. Resale is difficult 4. Even buying one can be risky, with so many scams out there. Basically theres simply much more effort to be done than what most people are used to. That could be a good thing for the niche, but doesn't sound too enticing to take a closer look at especially if the profits are not considerably larger (prove me wrong?). |
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Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?
Given lets say your profit is 2%, that means that 0.25% eats up to 12% of your profit. If you think about it that way, thats quite a large amount of your profit taken away. Although, if you're not trading thousands of dollars and are just beginning to trade, i wouldn't worry about it. The trading fees are felt by those with huge volumes mostly. |
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The age of 1000x profit coins are over. Unless you can travel back to 2017, you'll be hard pressed to find coins like those anymore, and for good reason! Coins that rise meteorically like that are most likely scams anyway.
It could probably somehow be possible if some major breakthrough happens with real projects, but highly unlikely.
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I don't think altcoins will ever be able to over Bitcoin dominance. Bitcoin simply has mass adoption levels that no altcoin can ever rival. When people say cryptocurrency, bitcoin is actually the first thing that comes to mind.
It's not a thing to worry or concern oneself about tho, bitcoin dominance is not an enemy.
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Trading only USD and crypto is completely up to you. As long as you get funds in an exchange you can convert and trade with USD or crypto at your preference.
I'd recommend going with coinbase. It's the simplest because it's so user friendly and allows you to use and withdraw/deposit using credit cards or bank accounts. However, i'd recommend you practice trading with demo or virtual accounts first, there is much to learn.
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So I have two questions
1. What do you all think ETH Price will be ?
2. Why do you think that price will be possible ? Give us a reason be it technical ?
Lets speculate only until Dec, 2020.
Hopefully, the ETH devs follow through on their target date this time around. For those who don't know ETH has been promising version 2.0 or proof-of-stake for years now but have always kept delaying it. In any case, 1. I suspect ETH will be above $500 at the very least. 2. I believe it will be possible to make at least new developments with the coin. I focus on fundamentals instead of technical analysis and i believe ETH has a bright future, if pulled together. |
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We have noticed that a lot of successful ICOs have exhibited common factors. One of these is their use of hype. Another is a detailed presentation of the company's roadmap.
Theres probably a lot of things successful ICOs have in common. However, it should only be one thing that should set them apart, and that is PURPOSE. Any new ICOs or projects should be solving a real problem in the real world. Without such, the ICO is not heading towards success or anything at all. |
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That looks like a mere coincidence and looks different viewed from a different time frame. While ETH is great, I don't think it has the capability to decouple itself from Bitcoin's fate just yet. Bitcoin dominance is at it's peak based on recent events and i dont see that changing anytime soon. We'll have to see when and IF ethereum goes version 2.0 or proof-of-stake, but even that is a big IF. |
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What i learned is to have a trading plan and don't let emotions (like fear or greed) overcome this. Over the years there have been so many missed opportunities where i thought, "this is looking bad, maybe i should sell/buy" but then i never followed through with action because of emotions.
Trust your instincts. If you do the necessary research then you have no reason to not feel confident about your trades.
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i don't know what on earth would trigger the bullrun in the alts. i think we have seen enough of this bloodbath there is about 8 month left in the bitcoin next block halving and still market condition is not improving. is there will be any improvement in the alts or they all will die
With bitcoin now trading at $8500 it seems like we are now seeing whats next, the BULL RUN. My opinion is that this is all just part of the crypto cycle. Like a wheel, sometimes you're on the bottom, but sometimes and you're at the top. Wish i could say the same thing about altcoins tho, it seems bitcoin dominance is proving far too much to be overcome. |
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The ban rate isn't surprising, considering the amount paid out to campaign participants daily. Imagine each member gets paid around $15-20 per day, then multiply that to around 300 members. They are paying around $4500-6000 per day or 250k++ PHP per day. That's not considering the amount they also pay out for the cryptotalk forums itself.
These guys are pumping out a lot of money to promote their forum. Bans are warranted.
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I believe it's just the nature of humans to get excited about gaining more money.
I feel like people who are into crypto are more aggressive risk takers and probably for them it's hard to resist being excited about earning more money than they could ever imagined. Sadly, it's a trait that make many people loose and fall.
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