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8461  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 16, 2021, 06:04:09 PM
Sometimes it's nice to have a lazy Saturday. I was relaxing on the couch this afternoon and listening to all sorts of BTC YouTube podcasts / debates.

The last one ended up talking all about NFTs and how they will continue to explode even though they were talking about billions of NFTs and how "everything" will be tokenised. What exactly is the value then and thus the point of having it?

I. just. don't. see. it. Maybe it's me.
But let people fart around with all that if they want, maybe I'll miss out, I don't really care if I do. I still think BTC will be king in the end and replace gold within the next few years in marketcap but then also continue to grow.
Partly because of scarcity, partly because it is much easier to get ahold of than almost anything else and partly because everything else inflates (including many altcoins!).

I think the fact BTC is so rare and doesn't inflate over time really has not caught on by the masses who simply think "well what about this token that I can have far more of?" etc.

Over the next week I'm off to have some fun paid for with dirty fiat so might not pay much attention if we are in for a rocket boost or a temporary jump down.


After all a man is supposed to live and not just exist.




i like the liberty btc has given for fiat prisoners
8462  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 16, 2021, 03:18:15 AM
If I sold a piece every time philipma sold a piece, I'd be... well, broke and not bitcoin rich.

Maybe rich, but Bitcoin poor

Few understand what’s more important

will sell another piece based on this advice.


If I sell 0.003 each and every day of the month It comes to 30 x 0.003 = 0.09 a month

If  I earn .14 btc a month I am stacking 0.05 a month.

I am fine with this.

The mine keeps growing and I keep getting more btc in earnings each month.

Eventually the difficulties will go through the roof but I 3x the size of the mine this year so it works for me and my partners.

It seems some people don't understand you're running a business here. Hard to expand the business if you don't spend some revenue on increasing infrastructure. And if you didn't expand, your stack would be much smaller than it is now.

Bingo. Exactly this. I have a good power deal. I am nowhere near capacity and I expand the mine buying gear as dca.

I buy on credit when coins dip like the 30 k drop in the summer.

When coins go up 40k 50k 60k I sell some btc.

This mine started with four s9s in dec 2018. that is 36th.

on the btc side it is now over 1700th (4 people in on it)

since we do not talk shit coins I won’t say the amount of  gpus and the L3+ ‘s

But we have quite a few.

We would not be growing the farm without plowing back some coin.

Since times are good I sell some coin to pay the credit off and also get some gear with out credit.
8463  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: October 16, 2021, 02:29:30 AM
@crazydane

You have auto-exchange on to BTC? Looks like it would take forever to get payment. Maybe change it to LTC? Just a thought Smiley

Just got my first payment:



So 15 days for a little over $90 on a 5800 and 5950X.  Not bad at all!

Maybe Sunday I get my

3960
3970
3900

going
8464  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 16, 2021, 01:24:25 AM
Lets give buddy credit for a heavy lifting this Friday the 15th.
8465  Economy / Speculation / Re: Top 20 days for Bitcoin on: October 16, 2021, 01:14:01 AM
By tomorrow we should be back in the original range of the thread title...Top 20 days for Bitcoin.

Go Bitcoin go.

Yeah over 60k for the 15th. of oct.

we are now at 85 days over 50k

and 9 days over 60k

We have a shot for 20+ over 60k by the end of November

Plus a really good shot at All 100 days over 50k by the end of November.

Would be nice to see it get to 70k soon 🔜.
8466  Economy / Speculation / Re: Bitcoin, I salute your final ATH. on: October 16, 2021, 01:11:48 AM
I would say proudhon set his 64.9k prediction in April 2021.

It is now October 2021 and he is still correct about six months so far.

Lets not rip into him as maybe just maybe we drop bigly this weekend.
8467  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 15, 2021, 11:39:13 PM
If I sold a piece every time philipma sold a piece, I'd be... well, broke and not bitcoin rich.

Maybe rich, but Bitcoin poor

Few understand what’s more important
will sell another piece based on this advice.
will buy another piece based on this advice.

Good you should since you are doing buy and hodl why not.
8468  Alternate cryptocurrencies / Mining (Altcoins) / Re: Too good to be true?! on: October 15, 2021, 11:34:36 PM
Hello, I have a question, I asked about this ASIC the Bitmain Antminer E9, a hell of an ASIC that costs about 30000$ (well if we find it) and I looked on the site whattomine the profits I can make with this machine and I saw for more than a week a figure that turns around 230$ of profit per day which is just HUGE !

and i did a little calculation 230 x 365 = 83950 !! 83950 (profit per year) - 30000 (price of the asic) = 53950

it's just monstrous in less than a year without counting the electricity (0.06€ per kWh) I'm in the profit in less than a year!! how to explain that?

Can someone please enlighten me, tell me if there are hidden costs that I don't take into account except for taxes, there are no additional things to take into account in there because it just seems huge

how do I justify this please?
    

1) You can't get it so who cares.
2) The risk to getting an asic that only mines eth is eth has tested the progpow algo and can switch to it if they want to turning that 30k unit into a brick.
3) Maybe they actually do go to POS in 2022 ( I doubt it)

These 3 answers cover it. no add # 4

4)  bitmain is better off not selling them and just mine eth as much as they can.
8469  Economy / Speculation / Re: Bitcoin Whaling at 61k today. How high will it go? on: October 15, 2021, 11:29:18 PM
I saw Bitcoin drops 3k$ in a day and expert says that it is all because binance restricts access of Chinese users. more negative news in relation to China will drop the Bitcoin price down, but I think bitcoin will soon recover just like before, what was your opinion about this 3k$ dropped of btc price?.

Your thread title looks like shit. Change it.
8470  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: October 15, 2021, 11:26:40 PM

A dozen is pretty good I got 3.

Hey I got a decent price on 2x 6700xt

and they crash on Phoenix 5.4 ,5.6 ,5.7 with smos

anyone have a way to run amd  6700 xt  using smos for eth of Course

Did you get them running? did you try lolminer?
Just waiting for new 6600, should be quite efficient, got it for 400$.

Also did you get your CPU to mine raptoreum?

running around hard at the moment.

I got a w6600 and a 6700 xt to work on smos

https://www.bestbuy.com/site/xfx-speedster-qick319-amd-radeon-rx-6700-xt-12gb-gddr6-pci-express-4-0-gaming-graphics-card-black/6460664.p?   I paid 700 for this
https://www.newegg.com/amd-100-506208/p/N82E16814105106? I paid 675 for this








cleaning and combing posts



Not really a sharer, but why not.

Removed the fans from a S9 and tested it with an inline duct fan, with reduced speed.
It is very very tolerable, i could say silent but not bedroom silent, definitely kitchen/TV room plausible!

Miner is underclocked at 8.6V/550mhz/1000W

http://prntscr.com/1s6mphw

My reply to this was deleted.

It was " nice simple idea"

Sorry that I was not verbose enough to  keep my post according to the mods.

I suspect it was a bot and a perfectly accurate 3 word response designed to get people to look at your screen shot idea was deleted.

So here is a longer answer. along with the image you linked to.

As I said "nice simple idea"



8471  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 15, 2021, 11:03:10 PM
If I sold a piece every time philipma sold a piece, I'd be... well, broke and not bitcoin rich.

Maybe rich, but Bitcoin poor

Few understand what’s more important

will sell another piece based on this advice.


If I sell 0.003 each and every day of the month It comes to 30 x 0.003 = 0.09 a month

If  I earn .14 btc a month I am stacking 0.05 a month.

I am fine with this.

The mine keeps growing and I keep getting more btc in earnings each month.

Eventually the difficulties will go through the roof but I 3x the size of the mine this year so it works for me and my partners.
8472  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 15, 2021, 09:05:17 PM

And I will be selling a piece in about 10 minutes time.
8473  Bitcoin / Mining speculation / Re: 2021, time for a new general & diff speculation thread... on: October 15, 2021, 09:04:05 PM
We are now well past the 3/4 mark in this epoch. BTC price is: $61,808.

Quote
Latest Block:   705161  (2 minutes ago)
Current Pace:   100.7164%  (1578 / 1566.78 expected, 11.22 ahead)
Previous Difficulty:   18997641161758.95                           
Current Difficulty:   19893045048575.13                           
Next Difficulty:   between 20038695818619 and 20045967003609
Next Difficulty Change:   between +0.7322% and +0.7687%
Previous Retarget:   October 4, 2021 at 6:27 PM  (+4.7132%)
Next Retarget (earliest):   Monday at 4:03 PM  (in 3d 0h 28m 50s)
Next Retarget (latest):   Monday at 4:10 PM  (in 3d 0h 35m 36s)
Projected Epoch Length:   between 13d 21h 36m 35s and 13d 21h 43m 22s

Looks like it will most likely be a SMALL increase. I haven't seen any big positive projections yet, nor any serious decreases either. BTC price has obviously improved quite a bit since the last adjustment. I don't think I've seen $62K yet today, but clearly we are well into $60K range. It' not hard to imagine a new ATH yet this month.  Good time if you have actual hardware to run.

I could see a strong up tick happening and we do +2-3%

Then next jump first 2-3 days we are up 5-10%
The we taper to 1-2% middle 10 days
then a rise to 2-3% last day

Simply based on the idea a big player (bitmain) can mine just like that
8474  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 15, 2021, 02:49:51 PM
just sold a piece for 60k
8475  Alternate cryptocurrencies / Mining (Altcoins) / Re: What will you do when you cant mine Eth anymore? on: October 15, 2021, 03:27:49 AM
I know we dont know when Eth 2.0/PoS is coming, but it IS coming at some point.  Curious what my fellow miners will do when they cant mine eth anymore...  I have heard people might mine eother PoW coins like RVN, however profits will be much lower due to the hash from eth will move to rvn to a degree (and the rest of the PoW coins).  you could go ASIC SHA-256 route and taker a crack at BTC, but good luck trying to get your hands on a miner.  There are some new projects like Chia and Helium which look interesting that have a different take on mining.

Perhaps you might take your eth you have and stake it, and if you have less than 32 eth, perhaps you will join a staking pool.

I for one, have not decided other than I know I would like to continue in some capacity with mining.

Thoughts?


“Dude eth will switch to progpow before it goes to POS”

read that and hope i am correct.

eth can’t possibly work as pos.

So if i am wrong and it does do 2.0 it will be the greatest crash and burn 🔥 item ever invented.
8476  Economy / Speculation / Re: Top 20 days for Bitcoin on: October 15, 2021, 02:15:38 AM
just like that 15 sub 50k days.

Would love to see us push past 60k while I sleep tonight.
8477  Bitcoin / Pools / Re: mmpool.org - 1.5% fee DGM/PPS - tx fees/vardiff/merge mine/tor on: October 14, 2021, 01:50:10 PM
Farm is down I am offline. Pool is under 1th.

I will add 28th tonight.

Back to 28th.
8478  Bitcoin / Hardware / Re: GekkoScience has a new stickminer that does 300+GH on: October 14, 2021, 01:47:55 PM
Well my order from 419 has changed from Processing to Completed and I got an e-mail from them saying the same.

Quote
We have finished processing your order.

 Grin



yeah i have a we completed your order.
8479  Economy / Speculation / Re: Top 20 days for Bitcoin on: October 14, 2021, 01:34:35 PM
Just 16 days under 50k

And of course the entire top 100 is  in 2021
8480  Economy / Gambling / Re: [WARNING]Duckdice.io unbelievable losing Strike..Be Aware on: October 14, 2021, 04:27:49 AM
I have Been Tricked by Duckdice.io gambling site.. I set Flashbet Setting and start with basebet the wining chances i set there was 9.9%   And its Give me 100 plus reds in row at 9.9% wining chances, this wasnt for the single time i set 5 times and lose 5 times with 9.9% wining chances 9.82% wining chances 9.78% wining chances 9.8 and 9.88 wining chances where i lose all the time with having 100 plus reds in row. the bets are shown bellow which everyone can see.

I can't see your bet IDs since I don't have a DuckDice account, but going off of what Mahdirakib is saying (having 55k bets in a sequence), the chance of a long red streak isn't going to be that low when you place a very large number of bets. If you use a loss streak calculator, the odds of losing 100 bets in a row at 90.1% loss chance within 50k bets is 13.645% - not super high, but also not very low. I'm guessing you've tried your flashbet settings many many times too.

You can't print infinite money from a gambling site that easily  Tongue

So if you are correct the op is complaining about a 7 to 1 shot coming in.

@ op if darkstar is correct you simply don’t know what you are doing.

I gambled for years and year and years and years.

I played poker ♣️ and got a royal straight flush the odds on a royal flush are like 30,000,000 to one.

So if there are 150 hands in a night of poker ♣️ and I play for 10,000 nights in a row it is 1,500,000 hands

So it would take 20 years to get one royal flush.

I got it at 23 years old and certainly did not play 1 million plus hands by that age.

So I was really fucking lucky.

Losing to a 7 to 1 shot should happen often. Once a week if you play seven days a week.
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