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hi i love avermore its a great miner , can someone tell me best settings for a rx480 8gb , im getting 7.2mh on pidgeon coin thanks.
Does it work on R9 290X?
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Companies are using smart contracts of ethereum nowdays how will it enhace the value of ETH in coming days?
I think so. The more usage, the higher price.
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Once staking starts, I am expecting more and more ethereum will get reduced from market which in turn will increase in price
Is there any firm date for ETH to move over to Proof of stake. Will it be a total transfer or gradual, mixed mining. I know some coins mix both, OFW is one I can think of though thats very unknown apparently it can be the case that both methods are used long term. Im not sure if ETH definitely will goto POS or its just a backup plan left on the shelf and likely wont occur Still, there is no official announcements from the authorities only people are talking about the POS model. We need to wait for official announcement instead of spreading the news. I hope it is a best plan if they implement ETH in POS model. The POS model could be only beneficial for ETH. I really hope the consensus is changed very soon. If ETH get rid of the infinite supply, this will make the coin very valuable and as a result the price will surge. Infinite supply is not a problem if the inflation rate is low enough.
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Oh sorry forgot to mention, equihash and as we speak its sitting at 3.4 KH/s
So that is about 560H/s each. It is slow. If you use 100% TDP, should be 750 or over.
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I will not sell anything for at least 10 years. Already made mistake by selling a lot @ 100. I look to this as long term rather than speculative investment. Im sure in 10 years the price will be 0 or $100k. So 50/50, we make a lot or lose it.
I don't think what you say is real? Keep it for 10 years only easy when you're saying and it's not easy to do. When many pressures are now on your shoulder, you would sell it anyway. Yup, I completely agree with you. There is no doubt that saying is easy doing. He can't keep for 10 years by panic sell or greed For the bitcoin investment, you cannot be greedy. You can just hold and the price will rise automatically.
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I made a mistake several years ago to sell a bunch of Bitcoins for $28,- each. Early 2013. Only a few dollars profit. Bought it much higher few years later but never sold again ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I think it is still good if you keep the rest for the long term.
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depend on the demand and supply of the whole crypto market, difficult to get to $500 in the near term
I agree with that. There will be a short term price consolidation in the future.
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May come as a sad fact to a ton of people on here, I've already sold and have fully gotten out of Bitcoin months before any of this crazy stuff started to come out with BTU, not being able to agree on scaling solutions, and so on and so forth. I did make good money on Bitcoin, I'm happy and will continue to be happy with what I made, yes I could've made more but with that sense of greed it could go with any sort of asset that I purchased and sold too early. Any more Bitcoin which I get these days is sent to a Coin-base address which is instantly converted and I have no problem there, I'm not keen on exposing myself to this much volatility.
Good luck all!
It seems you have missed the recent big drop. But it is difficult to say if it was a wise decision in the long term.
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What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
I think my exit point before I sell my holding bitcoin is when the price meet the 10,000$ that's the time I will sell some of my bitcoin holdings to get my profit through selling it at the high value of bitcoin. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) If BTC keeps trading the way it does you be able to buy those coins back at $7000! Then sell again above $10000. If there is no block size increase and the tranaction fee is high, the price will not rise.
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Was is the reason behind the pump? ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Any new info? I was waiting for a long time to see this pump, yiheey ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) I think the Ethereum pump will last long. The transaction fee is lower than the bitcoin now.
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What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
I dont have plan to sell my coin since its new year i wanted to hold my bitcoin till december i maintain this kind of my attitude where i can get as much as 1 bitcoin per year or maybe more than that, it always depends on my actovity and for my hardwork i sold that all once december comes and spend them for important things But I feel it is not a good thing to do because there is not guaranty that always in December prices will high and later prices are going drop. I always fix some percentage of profit for my investment and if I reach that target whether within a few days or in a couple of months time then I will sell most of my coins and wait for right opportunity buy again. But some portion of coins I will keep for very long term appreciation. I think it is better to hold the bitcoin for decades. The price will rise a lot.
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There is nothing to argue here i am supporting Dash than Monero and Zcash,because Dash is the first coin i know who implemented the privacy feature and Monero came along and finally Zcash with all the hype .I think Monero is more popular among the dark market peers but Dash is also quite popular but Zcash is just a coin which is not accepted in any major markets as of now.
That right. They all have their own advantages.
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I've been thinking about it since last night and I couldn't find an answer to myself. I know that there's a 21 million block cap and we wouldn't actually be here to see that time it comes to that point. But assuming that we have reached reward era 34, what happens then? Miners wouldn't have any rewards from mining then.
Anyone care to help explain a few things for me?
You know what dude, I don't think there is last forever in bitcoin. Though I'm a bitcoin enthusiast, Only I know in bitcoin it will become a big help to anyone if they adopt the system of bitcoin. and lastly, miners always be in the stage of risk every time they invest in mining then in the last they wouldn't have any rewards from the mining sites they invested. yeah I have the same thought, nothing will last forever even this planet has a time when it comes to an end so I can't assure that bitcoin is designed to last forever. But one thing I can say that it will last a long time before it reaches it destiny. The bitcoin will not stand still. It is in active development phase since the inception. I think its momentum will be maintained.
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My plan to get rich is to invest big money to dice sites wagered and earn in one poker site 200-500$ per month without any investments and invest and advertise revenue share and later open my own company.
But it still takes you plenty of time to do the gambling there. Unless you are a profefssional, you will lose.
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We need to have more fiat to invest in cryptos or we need to work hard to earn more btcs daily, there is a possibility to earn much btcs in trading, but only if you know how the proper way to trade is.
That is right. We need more users of fiat to use the bitcoin so that more people means more adoption and higher price.
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There is the only way to get rich with bitcoin and that is to accumulate as much coins as possible for future and if you have high volume of coins in future then you can make good money even if price doesn't reach to the moon.
yes that is right to say, but i think if we play from now to open a shop and start accepting bitcoin from the people for shopping, through this people will get awareness about bitcoin so the users of bitcoin will increase and a time will come when your business will surely give you a very very good income. therefore to me investing bitcoin in some business is good than holding it. When more people know about the bitcoin and invest and buy the bitcoin for every day usage, the bitcoin price will rise in the future.
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It wouldn't reach that price mark since Bitcoin price is slowly rising and slowly go down sometimes. It's so really hard to predict what would be the price in upcoming year end but who know it might reach that price maybe next year 2017 but for now I think it would only reach 680-850 I guess. Let's see what happen.
you are right. is currently very difficult to predict because the price of bitcoin bitcoin prices sometimes go up slowly, but sometimes also go down quietly. possible price of $ 900 is the highest price for the year, although I am pretty sure that the price will not be stable. Well, as I'm sure many of us are waiting for bitcoin prices above $ 800 for selling his bitcoin Even though we cannot predict the short term price, we can say the bitcoin price will be higher in 12 months. That's given if the the journey that we are going now will continue, we should hope and pray that there are no major crisis that will happen like what has recently happen with the hacking incident of one of the major exchanges, the longer bitcoin exist the more it becomes stable so let us just trust it with our investments. No one can control the price of bitcoin and no one can predict the future of bitcoin so the only thing we can do at a moment is to go with a flow. A bitcoin hacker can control the bitcoin price for a short period. He can short the bitcoin and make some profit.
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I do think that the price is going to be $1000 this year but I think that it will happen at the end of 2016. We just have to wait for the halving to come and see what happens after that.
We need some good news for the bitcoin price to be over $1000 later this year. This incude the block size increase. The block size will at least double the bitcoin price as that will make the user have very good experience.
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Look this is what i am telling you the whole time at the end of 2016 the price of the bitcoin will be 1000 each for sure or 950 but atleast above the 900. Im not sure what 2017 wil bring after this year off course but it wont be such a dramatic year as this year was for the bitcoin for sure.
I think bitcoin can achieve that price at the end of the year but not possible to touch that price at halving, as price rise is slow at a moment, I hope it will gain pace in next few days. That is my theory too,it can touch 1000$ this year but not before/after halving. We need some time before it happens,probably some big players entering market too.That's not time yet,but maybe in december it would happen. If a small pension fund is allow to buy and hold some bitcoins, the price will be higher than the $1000 range.
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IMO the probability of it happening is about 50%. Considering the btc pump happening right now because of some factors, it is not impossible that a dump will happen soon. It is not also impossible that the price will continue to rise months from now so the probability of bitcoin reaching 1000$ each in 2016 is about 50%.
A couple of good days is all we need. With halving around the corner, we may even reach $1000 in July. I would put the probability at over 50% I think its impossible right now that the price will reach 1k value because more people are ready to dump their bitcoin one the price reach 800 value to 900 value and i think its hard to hit the price in 1k value.. as price today we see some people are dumping it right now.. Majority of people are holding their coins to sell at the price of $1k and that will be achieved very soon, so its better to hold our coins for halving and sell when price goes higher. i am also saving my coins with the hope for price to increase and cross 1000$ BUT at the moment price is decreasing in value pretty quickly. i am saving my coins with the hope for price to cross 10000 or higher. Give it time, the price will be very high.
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