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9601  Alternate cryptocurrencies / Mining (Altcoins) / Re: VEGA 64 mining FREE WISDOM on: April 24, 2018, 03:28:07 PM
I've already got a few rigs of vega 64's & 56's (sapphire reference cards) that run excellent at the lowe power rates (~160w.)

I have a few MSI 56 cards that have crap Hynix mem in them and they all work with edited registries lowering all P-states. I have run memory voltage down to 850 or something and they ran, it was the clock speed mine were finicky about. They don't seem to mind any amount of undervolting BUT they will not handle the same memory clock speeds as the 64's or the one 56 I have with samsung memory.
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I own vega 64 with samsung hbm2 memory and it does all the higher frequencies but Im interested if hynix is more common on the vega 56.   Also if this is a launch card or part of later production, my initial impression was theres little difference between the 64 and 56 apart from bios limits maybe which can be changed.
If both cards have back up bios switch, doesnt that make it alot easier to update and keep a spare working bios just in case.

Really low power runs would be 120w or so but also can be unstable depending on temps I think.  Right now I have volts showing as set 975, 905 but some do 900,900 Im pretty sure
9602  Economy / Speculation / Re: Will you stay in crypto if BTC does not recover? on: April 24, 2018, 03:12:21 PM
I survived the $30 to $2 crash, the $260 to $80 crash, the $1100 to $180 crash, and many more "recoveries" to come I will survive them as well.

For most people being part of this market for a longer while volatility isn't a disturbing factor, but for a lot newbies that's their daily reality. Price up is Bitcoin doing all fine, where price down means it's losing popularity.

It's broken logic not making any sense, but how do you convince them otherwise?


This guy knows, missed this first time around.   Listed as a newbie but clearly he has been in BTC for a while.      I would say the easiest way to be more realistic is to consider over a year time frame.   Maybe get out a ruler and pencil and draw a line on a chart that hits the most points over the last year for the price.      I do have this straight trend around 6k so it wasnt that bearish to be in this area in that longer term view.
Its easy for the guy who was here for Mt.Gox and the price drop after, he knows bitcoin can come back from that so has more confidence but not staring at short term price can help also.  

Over a year we up massively, its very bullish really.   If anything the pullback adds some experience to the market that it can deal with selling, some out want to say its ponzi and price is false.  Well alot of people sold, got their money and this idea is proven incorrect.   

 Another point would be to look at BTC usage by population or individual users, forget price for that moment to consider is growth occurring or not
9603  Economy / Speculation / Re: Bitcoin broken 9k zone, what you think it will break 10k zone this week ? on: April 24, 2018, 03:04:46 PM
We have seen Bitcoin broken 9k zone. It's have to chance break 10k zone. What you think ? Bitcoin can break 10k zone on this week ?

I see areas like this as Magnetised.    Kind of how you look at the target and it becomes a focus for activity.  So I do expect 10,000 but its how it achieves this level that matters.    We could spike upto 10k today and I'd not be as enthusiastic if it just hits that price point as a ceiling like a person who bumps their head on a low doorway.   This is not good and it'd fall back and need to get back off the ground.

Most bullish is usually a big bar that goes right through resistance, but also slowly working way up would be positive over like the next fortnight for example.   Even a month would be fine imo, I do not see a negative from a price that flattens and forms a base for a while

Quote
I like how people change their view on the market on a daily basis. Not that long ago according to people we were going to see $4000-$5000 levels

Yes people are like weathervanes.  Its why most of us are not the best traders unfortunately.  Some foresight of underlying trend is need, price is just a mix of opinions.
9604  Economy / Speculation / Re: The weekly trading volume of bitcoin in Venezuela reached $ 55 million. on: April 24, 2018, 02:59:43 PM
First of all, we don't know whether these figures are accurate or not. And secondly, trade volume of $55 million represents a daily volume of around $8 million. I just checked coinmarketcap, and according to that site, this amount represents less than 0.1% of the global Bitcoin trading volumes.

Comparison must be made to the population of that country.   Also its bullish overall if a crypto standard proves itself useful, as a demonstration or example for larger markets its quite important.     The deal with Japan was important because its such an advanced wealthy country but its easily arguable that Venezuela is far more in need of a system that works no matter what as people genuinely will require to purchase food with it.    Lets hope Bitcoin stands up and shows itself with high utility and low cost vs FIAT problems, this is genuine growth potential not speculation so really good to see imo.
9605  Economy / Speculation / Re: bitcoin to soar again? on: April 24, 2018, 02:56:00 PM
The market is showing positive sign for bitcoin again. In an article published by Charlotte Davis at https://www.express.co.uk/finance/city/949891/bitcoin-price-usd-news-today-buy-dollar-cryptocurrency-latest-value-cash: BITCOIN price has seen a 27 percent increase since the start of April and one cryptocurrency expert said bitcoin is likely to continue to rally as historical data shows a continuous rise over the past eight years.


I think price of bitcoin increased from 6th April much more then just 27%. Closer to 40%. Let me check. $6600  to $9300. Yes, $2700 is almost 41%  price increase.  Sort of huge if we would not talk about Bitcoin.

In comparison to commodity markets a rise of 40% might occur in turn around at market bottom.    The shares associated with a market can move this much because they are leveraged to profit margins of the base product.
In Bitcoin however, the supply increase normally apparently in commodity price rises does not occur.   As we know the Bitcoin production is a fixed and self regulating system, this results in the price changes being quite rapid and speculation by the market quite a large part of supply and demand.
9606  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2018, 02:51:37 PM
If it wasnt already clear, segwit is useful. Its not like the core protocol was stagnant and neglected, it could have arrived a bit faster as I saw the fees problem was really not good publicity for Bitcoin.
However the bottom line is the big fork done in the summer wasnt necessary, development was occurring anyway.  Regardless of the price, I'm bullish on Bitcoin prospects because of this open development ongoing that give utility while remaining optional.   My ideal is that people have the simplest path forward because the majority of the world just wants a product to work for them not vice verse.  Thats a bullish scenario if they keep improving the base case for Bitcoin utility.

Price in the market exchanges is something different from population and natural growth in use, thats more important if anything.   Maybe the best compliment to BCH is that its part of competitive capitalism, many markets try to develop monopolys which is not always so good for consumers.
9607  Economy / Speculation / Re: Bitcoin recovered 7.6% from Friday: what are the prospects? on: April 24, 2018, 09:23:00 AM
Heres my current view, the obvious target would be the 10,000 figure.   Of course this is purely arbitrary figure and every different country has a different figure in place here but dollar generally attracts most attention


https://i.imgur.com/kkAWwe3.png

There are finer measure then just 10k, I was looking at 9277 as a first rung on the ladder to recover the early March peak.   I think that is the immediate prospects OP might be asking about, confirm 9277 as support would be positive action.
9608  Other / Meta / Re: Where can I find new members to award with merits on: April 24, 2018, 09:07:08 AM
Maybe consider a trip through the BTC mining threads. There are lots of new members there. Many of them don't even know about merit, or the general crappiness of spam campaigning. They are miners. They are here to learn and share knowledge, not make money off the forum. I've seen plenty of great useful posts on Wallets, exchange, coding, investment, tech tips etc.


Yep this is correct, some of the most hard core posters are here just to gain/exchange knowledge on their particular subject.   Their speculation is in the hardware and sometimes more then small farms so knowing what raises hash rates is really a big deal.
Most of the threads I read are alt coin farming but sometimes I read on the bitcoin mining though its been years since I've been able to do this myself sadly.   I always thought the network was best when most widely distributed but I guess it couldnt stay that way :/

Some miners do guides and are very helpful to others and deserve more merit and attention then they get but most of the posters there seem to be lower ranks with little merit circulating, so it seems.
9609  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: April 24, 2018, 08:57:23 AM
Why is there a bitcoincash ? (RALLY) or bust ?


Usually every coin is pegged to BTC. There is an abnormal spike that is putting BCH well above the Bitcoin curve. I have 6 BCH and I'm curious where I should sell or if I should sell at all... Is the May 15th fork a peak or is it the beginning?

Thats your personal judgement call, the price rises due to interest and speculation on holding both of the coins.    People are willing to believe an overall gain may occur and just the collective consensus of more people holding that coin is enough to raise the bids vs offers on the market.   That effect snowballs and you end up with no small gain in the price.
Look at the fork and consider if its justified perhaps, I guess that would be the biggest question.   I'm pretty surprised any fork is happening, Im sure I have a wallet I have not claimed from the original fork that occured.  I guess I should look into that before the 15th ?

I'll also look at a graph for BCH to layout possible price points to watch
9610  Other / Meta / Re: Merit became a business. What to do? on: April 24, 2018, 08:50:03 AM
Quote
I believe theymos chooses freedom of speech and expression over strict control.

That was my understanding, I was reading some disapprove of giving merit to ANN threads.   But if someone puts alot of effort into coding something valid and real and yet that is a new account and seemingly a newbie I'm probably going to give them some merit so long as Ive read through some of the work done.  Anyone does some genuine advancement in crypto even if you dont appreciate that direction probably deserves some recognition.   Some disagree with that and prefer just to favour purely Bitcoin, thats fine but the difference would be opinion or freedom of speech and expression.  Thats the correct system for a forum because people will always disagree on various points.

Quote
I can't even understand the first fucking 6 words of that post, so there's no way I would even continue reading it, much less actually award merits for it.
People who've created false merit like OP mentions are going to betray themselves most likely.
9611  Economy / Economics / Re: Does this mean Cash will be extinct? on: April 24, 2018, 06:33:57 AM
Sweden is contemplating to stop using cash by 2023, does this mean cash might be extinct if other countries follow suit?

https://www.weforum.org/agenda/2017/10/sweden-could-stop-using-cash-by-2023?utm_content=buffer40bef&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Cash will not be extinct but there is a huge chance for people to use cryptocurrency even more and in the future, fiat will be only used by those people who have no knowledge about cryptocurrency.

FIAT will be  used by the countries and citizens in which government did not part take in large debt spending deficits.   The world is dominated by Dollar, that can certainly change but its already the case that many cash notes are backed by real assets not debt.

I think the currency of Norway is very strong, with a sovereign wealth fund not a national debt behind each note.   I dont expect them to suffer especially while still an active successful economy, they have a very positive buffer.

Places like Venezuela are already seeming to switch over to crypto as they have to print so much paper its no longer viable to continue.  Of course the government there is not likely to operate a fixed protocol like Bitcoin is but it will be interesting to see how it progresses for them.   Cash will always exist I think, we may find its backed by gold in future and other standards perhaps.
9612  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [PRE-SALE][ICO] Petro $PTR - Oil backed crypto currency launched by Venezuela on: April 24, 2018, 06:25:14 AM
Yup, but China is now withdrawing its cash from Venezuela and have already curtailed credit to Venezuela due to recurrent payment delays, while Russia is just seeking friendship with yet another dictator. Russia is expanding operations with Venezuela and cretid lines. In fact, Russia eagerly supports El Petro as it is a means of testing new financial instruments for money laundering schemes. Crimean Cryptocurrency or whatever Russian rakib is working on is gonna be El Petro's little brother lol

It does make sense that Russia would be involved, because they are also under sanctions and so are united by a common enemy in needing to avoid curtailed global trade.   I believe their sanctions relate to the invasion of Ukraine, including the shooting down of a European passenger jet with top military missile launchers badly used by a militia armed by Russia.  A very sad tale of misdirected aggression with the population suffering most of all and not likely to change any time soon hence establishing trade relations with Cuba or Venezuela under sanctions is nothing new I guess.   Though Russia is a large oil exporter its slightly confusing on their interest, I guess trade might expand to many things for that reason

Stop being ridiculous by defending them, one say 15 days you saying when the coins are exhausted, you're just a pro MADURO no matter what, didn't maduro said that we could start buy real estate starting from yesterday??? Nobody from the Petro team is communicating with the investors, we don't have fresh news....I paid 27 days ago and they officially took part of my payments in nem the 10 April but no news , nothing...
Has receipt of the tokens occurred for any buyers so far, thought I would have heard of it in the news by now.
9613  Economy / Speculation / Re: bitcoin to soar again? on: April 24, 2018, 06:09:34 AM
I dont think soar is the correct adjective as I would view more of the price climbing a ladder.  One rung at a time, the reason being previous selling and some buyers from that time who now wish to check the price or offload back at even rather then wait any longer.      Doesnt mean its strong selling, but some sellers to meet any bullish and buying into this rise.   This means a climb not soar imo Smiley

On my chart each line relates to partial recovery of the previous decline leading to April low

9614  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2018, 06:05:55 AM


Is it too late to post this, one of my fav cartoon memes. click for video

9277 is some relation to the 8500 area and another stage of the recovery from high of Feb and early March
You can ignore segwit it is irrelevant for the purpose of this test. The old software doesnt generate segwit TX's
Old software (pre soft fork) still works on the Bitcoin chain, but not on the BCH chain.
The Bitcoin chain is backwards compatible with older Bitcoin sotfware.



Seems fair reasoning.   This is the blockchain that proceeded with least disruption and most compatible time line.
9615  Economy / Speculation / Re: Bitcoin in Bullish Mode After ‘Tax Day’ on: April 24, 2018, 05:43:13 AM
What is going on with bitcoin actually does not have anything to do with tax day of USA. It is going to be one week after that most awaited tax day but bitcoin market is still struggling under $9000 levels. People sentiment on tax day must have driven bitcoin prices up to this level then why not to $10k and $10k in coming weeks. Lets stay optimistic and Lets enjoy the bull's ride.

The tax story made most sense because its an event bringing sellers together.   Not that I think that its long term bearish but it creates liquidity in the order book, it lowers the price by producing more offers at any price.  Naturally more offers then bids lowers the price some.

The reason it might be more noticable this year is the bigger gains then normal since last April.    Of course this is just a local effect, temporary and thats why it was a decent to buy into.   Its never just one reason, theres technical points on the graph that were outlined also.   Many different points varying around the globe but I think the tax was part of it.  Unfortunately, I dont tax should be payable on simple currency but sadly government has plenty bills to pay.
9616  Other / Meta / Re: Can we have a list of members who give merit to bounty programmes on: April 23, 2018, 11:29:22 PM
How about disabling the ability to award sMerits for abusers who consistently make bad awards?

Not necessary when the bad use of merit will end itself.   The poor sending of merit is unlikely to be attached to accounts also receiving large amounts.  When merit is sent it reduces it by half so I think it will naturally favour good posters over the bad.   Eventually people just run out the buffer they were given when the scheme started.

The really obvious cases, maybe where accounts are being traded will probably be modded anyway.  Micro management of peoples personal decision to favour particular forum posts or not is not the way to go imo.  I dont think thats the policy anyway as it would add too much workload, merit is just a bonus type system nothing too serious.
9617  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin Ever Be Shutdown? on: April 23, 2018, 11:22:50 PM
Bitcoin will be shut down from within if any scenario was viable in that way.    The way that some miners have forked away to another blockchain type is how the original protocol would most likely end.    I dont see it ending from external means otherwise, just one government is not a reason as Bitcoin is a global transfer system and remains anyway.

A bit like how Dollars were banned in the old USSR system, they were used anyway at least on the edges of that empire because regardless this was a good system or better system then the communist operated rouble at that time.    The reason to doubt Bitcoin would be for internal reasons, I did see the fees being so high as a possible end but it has been resolved and luckily it was seen correctly as a problem for long term viability.
9618  Economy / Services / Re: [CFNP] | 🔥 Coinpayments.net Signature Campaign 🔥 | 100% SegWit | on: April 23, 2018, 10:44:41 PM
Could I please change my segwit address on the spreadsheet details to:
 3HnKiDGKh27vaXbxbACdzoNYySxkiHJRPo 


Bitcointalk Username: Welsh


Best flag in the world Smiley


🐈
What is this magic Huh

I believe there is alot more depending on the browser or maybe its the forum software perhaps not sure.  These below may not all display sadly 😞

☺ 😊 😀 😁 😂 😃 😄 😐 😯 😉 😈 😇 😆 😅 😑 😕 😠 😬 😡 😢 😴 😨 😧 😦 😥 😤 😣 😮 😩 😰 😟 😱 😲 😳 😵 😜 😛 😍 😒 😞 😷 😶 😝 😋 😗 😙 😘 😚 😎 😓 😏 😪 😔 😖 😌 😭 😫 🙋 🙌 🙍 🙅 🙆 🙇 😻 😹 😸 😼 😺 🙏 🙎 😽 😿 😾 🙀 🙈 🙉 🙊 👴 👩 👨 👧 👦 👶 💩 👵 💏 💑 👪 👫 👬 👭 👯 💂 💁 👷 👮 👥 👤 👰 👸 🎅 👼 👱 👲 👳 👺 👹 👻 💅 💇 💆 💃 👽 👾 👿 💀 💪 👀 👂 💙 ❤ 💋 👅 👄 👣 👃 💚 💛 💜 💓 💕 💖 👎 👍 💟 💟 💝 💘 💗 👌 ✊ ✌ ✋ 👊 ☝ 👆 👐 👏 👋 👉 👈 👌
9619  Economy / Speculation / Re: Will you stay in crypto if BTC does not recover? on: April 23, 2018, 09:17:09 PM
Hi,

Just wondering if you guys will stay in crypto (aka hold or sell your BTC holdings) if the price does not recover.

Price should not matter as much as the underlying product being usable on a regular basis.   Since December we've had both a price drop but also the fees have dropped far more to become of no impediment to business once again.  The fees part of this is far more important in answering your question. 

Speculators may dislike the drop but also people can speculate on a drop in price also, I dont see the price is a reason to no longer have an interest in crypto.
9620  Other / Meta / Re: Suggestion to require payment for users to rank up beyond member on: April 23, 2018, 05:27:24 PM
I understand the basic idea is to formalise registration, avoid bots.  To require money is a step away from free speech that this forum clearly supports.
I'd say no for the same reason I think Bitcoin fees should always be as low as possible for at least the slowest transactions.  Its a global product and for true growth and to enable the whole story behind Bitcoin you have to include everyone in the story even the poorest countries.  Even where the person on this forum might not even own a computer, might just be using a library for 10 minutes.   Someone who is a teenager even who is very young without proper banking access is very common in developing countries.
  Look at the guy who setup ETH at a very young age, I would not want to see anyone excluded or discouraged from joining because we in the West presume its easy; its a negative really.

The merit system requires the forum member to spend a minute editing a post and thinking of reasonable points to make, everyone on the planet can do this.  Since they are including local boards, anyone can pass this bar and thats how Bitcoin should always be.   I do think its a requirement for success longterm to be inclusive and Im sad when BTC takes any bias towards serving the largest transactions excluding the smallest.
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