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1161  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 17, 2017, 10:59:43 PM
Guys what do you think about Monero right now? i am thinking about dumping my moneros, i have 3 on my balance and i think that i can buy more profitable coins right now. Maybe i can use that money to buy some Ark or golem, what do you think about it?
Monero did an incredible growth in the last month, but now it seems a little freezed, what do you think?

Oh please don't sell your 3 moneros you'll crash the market
1162  Alternate cryptocurrencies / Speculation (Altcoins) / Re: If you have now 500$ for invest? Where you invest? on: September 17, 2017, 10:21:50 PM
I'd buy some pot and smoke it all while watching my portfolio grow
1163  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ANN[AIRDROP] Tourism Token * *Trade On DEX Exchange* * on: September 17, 2017, 10:12:10 PM
Excuse me but where is this travel and tourism related information you supposedly provide to the public. I am the public and I have some tokens how do I obtain the information you provide?
1164  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Iridium - Cryptonight PoW - NO Premine - Fair Launch - Low Supply - NEW! on: September 17, 2017, 10:08:24 PM
anyone gpu mining on this?

I am currently. Just wanna mine it somehow, looks promising.
Mining on four GPUs and one CPU. 2 RX 460 4GB, 1 RX 570 4GB, 1 RX 580 8GB, 1 R7 1700 @ 3.9 Ghz. Total of ~ 2200 h/s, gaining ~ 5 coins per half an hour.

which pool is working best for you?


I tried only http://ird.globalpool.cc/#
It's working nicely so far, so not bothering with others
I do set claymore cryptonight to reset every 30 minutes though, just in case

i'm running the ccminer they linked up front on some nvidia gpus. the tk and mine77 pools run for a few minutes before they just stop finding shares, and i cant even get connected on global pool
The stratum (pool) difficulty rises as you submit shares faster and faster to prevent share spam, what's your hash rate and the stratum difficulty when it supposedly stops finding shares?
1165  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Doubloons[BOAT]⚓⚓PoW/PoS⚓⚓HMQ1725⚓⚓NVIDIA MINING!!⚓CPU Pillaging!!⚓YAARR!!⚓ on: September 17, 2017, 09:57:23 PM
Don't forget to set sail over to thecryptopools.com
thecryptopool.com
-o stratum+tcp://thecryptopool.com:3747 -u <YOUR WALLET ADDRESS> -p c=BOAT

All coins mine at 1% pool fee and payouts happen every 2 hours for balances over .001

Coins are being added every hour!

Happy mining!
You suck at spam, get your domain name right Cheesy
1166  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO]TerraMiner - The First mining farm in which anyone can invest. on: September 17, 2017, 09:24:22 PM
Do you have website?
Guys but it looks like scam, why nobody write about it?
I mean nobody can give 35% monthly for long time. It is like paradise.





Yep, I'm with you, this sounds like a classic ponzi slightly convoluted.
1167  Bitcoin / Bitcoin Discussion / Re: The price of bitcoin decreases on: September 17, 2017, 09:19:02 PM
Well, I observed Bitcoin price movement since yesterday morning and it's sad to note that its price continues to fall. Price of Bitcoin as of this writing is $3240.00. http://coincap.io/
The market value of bitcoin decline in recent time was as a result of China ban on local bitcoin exchange and that of JPMorgan statement against bitcoin. Although bitcoin is currently on the upward trend which shows that in no time its value will return to $4,800 again.

I think we'll see another dump on the 30th just before they close the exchanges.
1168  Economy / Computer hardware / Re: BEST PRICE Antminer L3+, D3, S9, NETWORK equipment IN STOCK (asic24.com) on: September 17, 2017, 09:02:32 PM
HEY LOSER SCAMMER

L3's & D3's are AVAILABLE on BITMAINS SITE

If you want to waste precious time of course you can buy for November.
We are offering equipment already for September and October.
Regards

Who cares if you buy it now or wait until November.  There is no precious time, a L3 doesn't produce very much per day any more.

You need to do the math on your ridiculous prices before you try to make these bullshit claims.

I can sell you the same shit this inlovewiththedj fuckwit has for $1, the catch is he ain't got shit, just like me.

I'm finished conversation with You, kid.

Has your doctor prescribed new medications for you?
Does therapy in psychiatric hospital really help you?

Thanks Kid
I wasn't talking to you Mr "well balanced finished conversation"

You're welcome!
1169  Alternate cryptocurrencies / Mining (Altcoins) / Re: Claymore's CryptoNote GPU Miner v9.7 on: September 17, 2017, 09:00:41 PM
https://monero.crypto-pool.fr/ is pretty accurate for me.
1170  Bitcoin / Bitcoin Discussion / Re: JP Morgan is a cheat. on: September 17, 2017, 06:52:27 PM
with the rumors going round about JP Morgan buy a large quantity of bitcoin yesterday...i believe his statement was to manipulate the market so he can get in hard....what you this tell me
Well, you can't do anything about it, I can't do anything, what do you suggest should be done so that JP can be punished for manipulating a free market? This is what it's like being in a corporatocracy, there is nothing that can be done to prevent something like this, especially in an extremely free market like the one provided by Bitcoin.

I would say that's exactly what he did, but I can't do anything so he can have his money and I really don't give a damn what else happens with it.

Sure there is, you fight fire with fire and spew FUD about JP to drop their stock.
1171  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best crypto to buy now? on: September 17, 2017, 06:42:22 PM
Look at the yearly charts on monero, buy now get major profit next year.
1172  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Iridium - Cryptonight PoW - NO Premine - Fair Launch - Low Supply - NEW! on: September 17, 2017, 06:40:03 PM
With this much difficulty, how people are finding it mining to be profitable?
Can anyone share some calculation, how you are estimating because my formulas suggest better to mine some other new coin rather then mining at this difficulty

Because the fundamentals of this coin are incredibly strong. See, for example, this analysis:

50 sats?  I think that's a heavy undervalue.

Let's look at the potential of Iridium, with citations to my assumptions:

ANN tells us (https://bitcointalk.org/index.php?topic=2150442.0):
-No Premine
-Fair launch
-LOW TOTAL SUPPLY: most of supply emitted in year 1 (18,750,000 of 25,000,000).  This means this will not be a dumpmine coin, because mining rewards will get low soon -> early holders will get massive reward.
-CryptoNote coin

On the downside, roadmap is a little unclear, but this lets us implement a strong comparable: ByteCoin (BCN), another cryptonote coin which has little utility right now (their "ecosystem" is all pools/exchanges, which means they have no real functionality yet, see https://bytecoin.org/ecosystem/).  BCN has a nethash of 4 MH/s (https://minergate.com/blockchain/bcn/blocks) and a market cap of $287 million (https://coinmarketcap.com/currencies/bytecoin-bcn/).

Iridium has a nethash of ~147 KH/s (https://mine77.net/).  Let's discount that to 140 KH/s because it might be volatile right now.  So 140 KH/s out of 4 MH/s is 3.5%.

If we value Iridium at 3.5% of BCN, that's US$10.05 million.  But of course, we must discount for the 3.5 year head-start of BCN.  On March 12 2014, BCN launched (https://bitcointalk.org/index.php?topic=512747.0).  Crypto market cap was US$9.167 billion that day (https://coinmarketcap.com/charts/).  Today, crypto market cap is US$144.134 billion (https://coinmarketcap.com/charts/).  So crypto market cap was only 6.36% of today's market cap on the day BCN launched.

If we apply 6.36% to the US$10.05 million potental for Iridium (to discount it back 3.5 years), we get a US$638,860 market cap estimate for Iridium today, right now, based on current hash (as hash and time increase, value will increase).  The US$638,860 is the value of the current supply already emitted.  Also consider that SIGT (a recent no premine coin), a currency with a roadmap and a plan but no product, has a market cap of US$4 million after less than two months (https://coinmarketcap.com/currencies/signatum/).  So over $600,000 for a new coin with a fair launch and no premine is not out of the ordinary, and very achievable.

Now, current supply is a little hard to figure out because the block sizes are not uniform.  Users are reporting block rewards ranging from the 40s to about 94 (see https://bitcointalk.org/index.php?topic=2150442.msg21584105#msg2158410 and https://bitcointalk.org/index.php?topic=2150442.msg21587151#msg21587151).  If you keep an eye on "Last Reward" at a couple of the pools (https://mine77.net/), you will see the same - block rewards fluctuate from 94 to 60 to something in the 40s.

Let's take a buyer-friendly assumption, and assume all blocks are size 95.  This is buyer-friendly because the more I increase the current Iridium supply in this estimate, the lower the price is.  I am giving a maximum possible supply.

Current blockheight is 4283**.  That suggests a current supply MAX of 4283*95 = 406,885.

Price then is simply US$638,860 estimated current cap divided by 406,885 max current supply = US$1.57 per Iridium.  If we conservatively assume $4200 per bitcoin (price as of writing is $4122) then the satoshis value is 1.57/4200 = .00037380 Bitcoin or 37380 satoshis.

If you want to argue that's too high, by all means do so, but I have given a very conservative estimate of value and even my large overestimate of supply illustrates how small the supply of this coin really is.  So please argue against the math, not some generic notion of why this is too high.  I realize the supply is growing, but so is value in terms of hash and time, and given that more than 50% of blocks seem to have rewards in the 40s (unlike my assumption that all are 95), I have probably already estimated the price at nearly half of what it should be.  If you want to apply a further haircut for risk, by all means do so, but this coin is likely worth over 20k satoshis, and possibly as high as 50k.



**Note: I wrote this like 60 mins ago.  There may be a few more blocks since then, but I have already severely overestimated supply (thus underestimating price), and even another 400 blocks will only affect my calculations by 10%.  Some of the other numbers may have varied a little too, but the Iridium hash is up to 150 KH/s, which is 7% higher than the value in my estimate.  So my estimate is still conservative.

TL;DR: good mathematical basis for estimating value at 37380 sats.  If you want to apply a margin of +- 50% for risk, that still means a value over 20000 sats.  People need to really understand how low the supply is.  Don't sell at 50 sats per Iridium.

Edit: some math fixes.

That's all fine and dandy but I doubt anyone would buy this coin at 37380 sats. It's only worth as much as people are prepared to spend on it.
1173  Bitcoin / Bitcoin Discussion / Re: The price of bitcoin decreases on: September 17, 2017, 06:12:48 PM
Looking at the current rise in bitcoin prices, it is likely that many buy bitcoin because it sees the basic thing of the market that is buy when the price is low and sell when the price is high ... hahaha maybe my opinion is just a meaningless opinion, but in my opinion will definitely happen to see bitcoin prices continue to decline
The price of the bitcoin is now increasing. I can say that the bitcoin will comeback and reach $6000 per each before the month will end. The going down of the bitcoin is now finished and it is now increasing.

You can say it, but why do you say it? Why 6000?

Because
1174  Bitcoin / Bitcoin Discussion / Re: JP Morgan is a cheat. on: September 17, 2017, 06:04:45 PM
This is why we need regulations. If bitcoin was regulated, do you imagine the amount of laws JP just broke?

Yeah we need uncle Sam to take over, since they've done such a good job managing the US dollar, oh wait...
1175  Alternate cryptocurrencies / Mining (Altcoins) / Re: JSEcoin (Javascript coin) First of it's kind? on: September 17, 2017, 05:56:41 PM
If this coin is mineable in the browser itself, why can't it be mined with a GPU and make browser efforts to mine worthless?
It would completely go against what the coin has been created to do, the concept is for webmasters primarily not end users
People do things for money, not ethics.
If there is a way to mine faster and get more money from outside the browser they'll do it
Well I doubt this will take off as not too sure you can run Javascript on an ASIC lmao
You don't have to run javascript on an ASIC, you only need to generate hashes, it's what miners do. And yes one can put some code together to mine this with GPU and you'd get major hashrate boost since it's fucking inefficient to do it inside a browser with javascript.
1176  Economy / Computer hardware / Re: BEST PRICE Antminer L3+, D3, S9, NETWORK equipment IN STOCK (asic24.com) on: September 17, 2017, 05:46:24 PM
HEY LOSER SCAMMER

L3's & D3's are AVAILABLE on BITMAINS SITE

If you want to waste precious time of course you can buy for November.
We are offering equipment already for September and October.
Regards

Who cares if you buy it now or wait until November.  There is no precious time, a L3 doesn't produce very much per day any more.

You need to do the math on your ridiculous prices before you try to make these bullshit claims.

I can sell you the same shit this inlovewiththedj fuckwit has for $1, the catch is he ain't got shit, just like me.
1177  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash [BCCS] SCRYPT ⛏️⛏️⛏️⛏️AIR DROP⛏️⛏️⛏️ on: September 17, 2017, 05:42:53 PM
mhhh my BitcoinCashScrypt Wallet isnt syncing. What can I do?

Support a coin that is worth it.
1178  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: September 17, 2017, 05:29:37 PM
Nah fuck playing Hi & Lo, house edge is too dickish but it has to be that way to keep the site running.

This comment has to be quoted. Hilarious.

I want to talk directly about this with all of you. Every game of chance, every house of gamble, every casino has a return edge in favor of the house.

It is how the business is able to continue operating, you've got that part right!

What you're leaving out, which is really important, is how much we're paying you back:
  • 4.08% APY on your balance
  • 25% commission on the interest you referrals earn
  • 50% payout on the Free BTC rolls your referrals play
  • Paybacks on the wagers your referrals make

Looking at the interest alone, you're getting 4% on your money and 1% on your referral's money...I'm no mathematician but I think 4% + 1% = 5%.

So if you think the 5% house edge is "dickish" let's also talk about giving you back 5% isn't dickish...it's actually generous.

TL:DR; Gary, don't be an asshole.
It's just who I am buddy ;p I love your site for the record. Wink
1179  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTC is dead. The plan is a shift to Bitcoin Cash. on: September 17, 2017, 01:19:45 PM
I read through this topic now.. smh..

Are you people serious? I cant tell.. Bitcoin Cash is the future? wtf

Most of the topics you'll read here are bullshit, you need a good filter to get to the good stuff.
1180  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Doubloons[BOAT]⚓⚓PoW/PoS⚓⚓HMQ1725⚓⚓NVIDIA MINING!!⚓CPU Pillaging!!⚓YAARR!!⚓ on: September 17, 2017, 01:11:26 PM
CPU, MinerTopia pool.

Yeah it's normal, only 13mh/s on that pool. Try http://yiimp.eu they find a block every minute.
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