Hello all I am new here and have recently tried Cloud Mining with some success. By some I mean I will (should) make ROI on the small amount of hash power I purchased. - My BTC mining generates ~20.00 USD each month but is on a contract that will expire once profitability is null for the cloud miner.
- My ETH mining generates ~15.00 USD each month but is on a contract for two (2) years.
Its a small investment but it was mainly for testing if a scam. My question is this: Has anyone else tried out cloud mining with a limited contract based on profitability?
If so how long did it take to reach?
I have tried cloudmining but on hashocean scam which after that incident i didnt go back to invest on any cloudmining site.If you do mean either genesis or hashflare mining then i would say they are not completely safe even they are already operating for years now. Talking about profitability i would say it would be much longer because of difficulty rise. Since you do put up small amounts then its good just for testing out. |
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etherdelta (dot) gitnub (dot) io is 100% scam, don't login on it. Your private key is private, don't share it with any scam sites. https://etherdelta.github.io/ it's the right one. Check the URL, not the https thing. It does not show that it is safe to give your private key. Ive been nearly be fooled on those letters gladly my eyes were too active to see whats the difference regarding on the link.I didnt expect that this is an another desperate moves by those hackers creating another phishing links for the sake of money.For those noobs out there better watch out on this link and always log-in on the legit one which is being already mentioned above. |
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If that desperate situation is life and death moment. I will kneel down and asked for it in a good way. I won't take bad actions for it will only cause more problems. To repay the one who provide that money, I will worked double time, night and day and make extra side line or signature campaign for instance. But we all know that it changed when we're in that situation is different. So I just have to breath ang relax for a while and think of what is the best way to do in that case.
even you kneel down, nobody convinced to loan their money to you sir. because you dont have anything to guarantee your loan. or else you need to loan shark that have a big fee. so i think that you need to provide much money for sake of emergency, like investing bitcoin or real estate even altcoin can help a lot in emergency. In times of emergency it wont really matter and im sure i would do the same thing too on those times that you do have any options.Chances of getting some loans on that way is slim but its worth to try.Theres no harm to try it out specially your loved ones life is at stake.Kneeling down wont really be effective on this way since loan is a business not a charity but assuming there are still people who do easily got convinced because of his pity to that someone. |
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I am a person that gains profit from investing in ICOs but now I'm having second thoughts. I know some ICOs are potential scam so I am really picky to where I put my money.
Anyway, considering with what happened to Ethereum price and with the nearing Aigist 1, do you guys think that it will still be profitable to invest on ICOs mostly on ERC20 tokens and those accepting btc payments?
ICO still promising . You just need to research some ICO that is worth it, ICO that grows fast . You need risk and invest to the that you think have a potential to success. True,you would really need to risk in able to profit something because if you dont risk you wont potentially earn.ICO is really still promising as long we do hit the right project then we would really make some profits but thinking off that this wont really be easy considering that there are lots of ICO do launch recently which things make harder for you to select.This is why we should really research things up in able to hit the right projects. |
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Pump and dump is linked with greed and fear. At the moment in the case of bitcoin the greed and belief takes it to moon.
Greed taking it higher.. and for sure some will be dumping .. but more new greedy buy those.. So its a cycle of bullphase..
Incase of altcoin the problem is second and thrird wave of bull activity is missing..
Ya. and any news on bitcoin will effect to the price. then we just try keep following all the news and be the first. Either on Bitcoin or on Altcoin we do always seek out or would like to know first about the news related into it because we would really love to ride the possible wave that it would potentially give us profits later on but knowing on when theres a pump is nearly impossible but we do have indication that it might happen and as a trader its our own move on how to seek out those indications. |
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if you are lucky, or experienced. Got budget. Of course you can.
An experienced person earns huge amounts of money on Forex. On the contrary, the newcomer may lose a lot of money. Beginners should learn from experienced people to engage in trading It does really need knowledge and experience on forex.I would say that im a trader too on forex and binary options and now i did decide to engage on crypto trading too.I would say that they do have different volatility on prices.This is why i do decide to go in full time with cryptos because possible incomes might really be big in a short period of time.On forex it is somehow crucial but there are lots of millionaires on this field if you do really know on what you are doing. |
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Don't try that site or trust anyone's random comments on the internet Best to wait until an official statement by Github, I can't believe they were down or suddenly deleted EtherDelta's repository Either I, didnt tried to access the site with that domain since i dont really trust up on the things which are being said randomly and as you said its much better to wait for official announcements on Github. This thing do really give me some worry since i do stored some big amounts on the site i didnt expect that it would go down for now.Hope they would be up soon. |
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Trading in very small amounts will lead to very small profits. Reasonable. I'd recommend increasing the number of your bitcoins to at least a small amount only at a glance. And with larger you can try some place to trade. In case if it will not be profitable in one, in another it will be at least something.
I think if you are starting doing trade for the first time even with smaller amount, the main focus should be on learning all the ups and downs instead of focusing on profit and loss. I will suggest everyone to go on with small amount and then keep on increasing amount when you think it’s feasible. Yes, you are right every beginner should learn to trade with a small amount of money because without learning he might lose all the money which he invests. Trading is not one day it will take some time to get knowledge about trading so it is always good to trade with small amount and you can learn new thing about trading with that small amount only. It would really takes time and you are right we should really need to put up small amounts when we are just starting not on rushing up on putting huge money because for sure you will really lose up that amount in no time.Jumping into things without any proper knowledge would really put you into trouble.Better to start on small then if you do see you are profiting gradually then its the time you decide to add up your capital. |
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i am sure that china holder big amount of bitcoin, i can see that in china there is many big mining company which operate and mining bitcoin. if we take a look in huobi which is market cny-btc, the bitcoin movement is so fast and if we are not familiar then we can not follow and take profit. the banning of ico yesterday is because the government wants to protect their citizen from being scam by the ico and they don't create regulations about the ico so if something bad happen they can not do anything.
I got your point just to think off that they are holding most of the biggest mining farms of bitcoin which we can really presume that they hold up some big amounts of bitcoin but even if they have such possesion they cant easily manipulate bitcoins price.They cant dump it easily they would decide to do such thing but i do consider them as whales which would really give impact on the price depending on what actions they would made. |
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You can always switch to another Altcoin though, if one turns out unprofitable, find some less-known coin that seems just a tad promising, UBIQ, ZenCash and many others out there. Had tried Monero with my hardware and Minergate, wasn't making much. The minergate miner could be at fault though, didn't try another one.
True,if you found out that it is not profitable anymore on mining Monero then switch into other coin since there are lots of selections out there to be mined.Its not surprising for sudden mining difficulty jump considering that there are lots of people who do mine monero and also this thing isnt just happening on monero alone but most all altcoins in the market which is mineable either on cpu or gpu. |
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Interesting article. Thanks for sharing. As for BTC, I think it's a slow development and it will take a long while before BTC is relevant enough to justify its current high price.
I keep struggling to justify the current price of bitcoin as an actual currency/technology. I think most of the current price is investor premium, which could evaporate very quickly, and probably will at some point. In any case, while I don't think bitcoin is going anywhere, even in the long term, I don't think it's going to become any kind of default global currency. I don't see any way of definitively determining what a bitcoin should be worth, which will prevent the price from ever stabilizing for long periods of time. Without a more stable price, its use in commerce will remain limited. Thinking off on making it as a default currency is not really possible.I dont know why some people do think off on this way on which they do really believe that bitcoin would able to reach such state which i do see it has slim chances or doesnt have any chances at all. Bitcoin is really depending on its investors on which anytime could really perish if all would decide to leave it. |
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Hold and buy. Never ever sell while there's a dump ongoing. Panicking will make you lose profit and even make yoy below youe capital. If you've invested, especially in btc, wait for rhe dump to finish or better yet, grab the chance to buy at a lower price.
Agreed, never sell once there's a dump happening rather that the time where you buy coins and sell once you see an opening where you felt that the price went too high where a certain coin goes a dump after that. Another thing, don't try to sell your altcoins when bitcoin is on dump because most altcoins goes into dump too when bitcoin does. This kind of ways is somehow risky specially on altcoin because you wont know if the coin would still able to pump or not.As a trader this is really a risky thing unless if you are engaging on famous strong coins in the market then its should be fine on buying on dips but on new coins then it would be risky on buying more on dips. Sometimes bitcoin and alts are correlated to their prices. |
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All questions will get answer on October Hard Fork.
WAVES competitor is not ETHEREUM. They focused on transactions capacity and DEX (Exchange system on WAVES platform)
October hard fork will give too much power to WAVES which will give ability to beat VISA.
Also Loyalty programs are working amazing on WAVES platform lets wait and full the tanks before october hard fork.
This is what im waiting for now on which the october hard fork. This would really be a game changing event on waves platform. This is why i do make some diversification on my portfolio and do purchase some bulks of waves coins.I know that price will shoot up. 1 month more and we would really see on where would price go. |
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Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.
The volatile value would really be the thing on which some people could really make money on specially on traders side and if we do talk about on 3rd world countries then it can somehow help when it comes on having a job here on bitcoin world which they can possible earn some satoshis for their hardwork and there are lots of ways actually in able to earn.If they do find this forum then for sure they would able to earn such thing,anything informations is already on here all you need is to read it. |
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I think the term should be "enjoyment". And it you love and enjoy it, then success will come naturally. We will not put pressure in yourself to perform better in and out. And there will not a time that you consistently making good profit because you enjoy it and you are not frustrated and disappointed in trading. This is like going to work everyday, if you don't like the people around you and not enjoying going in everyday, you will not be productive and should move out already. As long as you enjoy the ride in trading, you will be fine.
"The law of work seems unfair, but nothing can change it; the more enjoyment you get out of your work, the more money you will make.” — Mark Twain
It is not a bad thing to deal with trading as we could enjoy having trading as apart of earning. It could bring a lot of joy to a certain person if trading could give them an opportunity to earn to have a good profit for the future. So settling and dealing trading while having fun is actually a good point to consider for you do convey the dealing of being stress. Yes, you are relieving stress specially when you do see that you earn profits but lets talk about on the other side which is lossing? for sure you would really feel more stress on that and it cant really be avoided because not anytime we can make profitable trades which we should really be ready on this stuff and mold the feeling or emotions that we should treat it normally and should enjoy the rest of the journey of your trading career. |
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thank you sir this is a great information and should be disseminated to minimize any phishing action, because the end of this many cases of cases caused by phishing, many people who lose money reach billions and it is not one person but many people, so be careful in entering the address correctly because that is the key of all
If you are not alert and aware on the possible scams around then for sure you would really fall on this one.As a newbie you would really believe that this is an original link from the legit myetherwallet but if you do try to look it back you would really notice the difference which means we should really be keen on any links we do click and not easily on entering our sensitive informations regarding on our wallet. |
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They already are an economic superpower, and soon will be a military too (with the amount of $$$ invested in hardware already).
As to being a key diplomatic power and influencer in world affairs...aka: a leader.....well..that's a different story.
But they will certainly be a "local" superpower with a strong regional focus. The issue I see is that more and more they seem to be closing down to the rest of the world, and that is never good for prosperity and economic growth...leading to bubbles, capital outflows, social imbalances, etc.
Even we are not talking into the crypto side China is already considered as a Super power country seeing on their ranking on global economy we can clearly see that they do really have the power.They can influence things if they do want to,and talking about defense system they do have a strong force which any country would hardly to beat it.Now lets talk on crypto side,knowing that they have the biggest influence when it comes on mining hardware on bitcoin. |
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I think that's no problem, LTC is legit coin.
I see there's not yet LTC payment for the campaign reward in this forum.
Mostly campaign which offer ETH and token as reward is because it's in the same platform, it's means the token based on ETH system and mostly related to ICO.
This is the reasons on which most altcoin in the market now is using ETH-platform or even waves platform. I havent see any ICO or bounty campaigns which do make use of LTC this is why we cant really see this coin to be used as a payment and we cant do anything about it since those projects have chosen to use ETH based than on LTC. |
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I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
Yes many of them invest on bitcoin you know who are one of example? ,.., bill gates we all know that bill gates is one of the richest man in the world, bill gates have many saying about bitcoins he invested on it, billionaires know btc. Theres no surprise that billionaires would really jump on this thing since they are not left behind on all trending things specially on the things that talks about money and knowing bitcoin isnt an exception on that. Bitcoin is an investment which means its money too. They are not blind not to know this things. Bill gates is one of them and this is great that they are now tending to jump on bitcoin boat. |
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I have 250 ETH, Hold or SELL?
How do you think about the price of ETH end of this year.
I lost just small amount (5 ETH) because i bought the highest price.
I don`t know I hold or SELL.
Give me your opinion.
What price did you bought those ETH coins? If its on lower price then better to hold it of but if you do like to diversify then cashout half of it then invest on coins which do have potential and dont forget to put on Bitcoin too knowing price will really sore up on this year even on breaking the 5k usd price point but holding purely on ETH isnt a bad idea. |
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