Will it be possible if to develop a coin with another coin with fixed conversion with it. Let's say coinA = 10coinB and coinB is used for a gambling site with a chance to increase or decrease its value and CoinA has an option to be broken to coinB to supply the demand.
So if coinB is $0.01 you have an option to sell your coinA for $1.00 for someone who needs coinB to play on the site.
No, that's not how market economies work. Look at, for example, Venezuela, where there is an official fixed rate and a black market rate. The latter reflects the real value of the currency. Luckily, in the crypto-currency world, you won't be put in jail for participating in a marketplace. The other option is if you have lots of cash and can prop your own currency up in the market place, e.g. how some European currencies are pegged to the Euro. That's why I am asking when it comes to cryptocurrency not on the real world money. |
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You can, but it won't be a cryptocurrency as the price will be artificial. So you can create token with some exact value derived from other currency/coin.
thanks for the reply So I can create a Coin then set a fixed conversion for a token that can be used on the website and even if the coin's price change the conversion will not be affected right? |
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Will it be possible if to develop a coin with another coin with fixed conversion with it. Let's say coinA = 10coinB and coinB is used for a gambling site with a chance to increase or decrease its value and CoinA has an option to be broken to coinB to supply the demand.
So if coinB is $0.01 you have an option to sell your coinA for $1.00 for someone who needs coinB to play on the site.
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mayroon na bang Altcoin na pinoy ang nagdevelop? Ano kaya ang magandang idevelop para sa pilipinas na coin?
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I only have one thing to do if ever. Look for them and join them haha. On most Zombie films they are many than normal people and they keep chasing people why not just join them.
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Being an ICO participant is gambling, some people get a good coin then sell it and he is lucky.
there are some people just hunting bounty and he is lucky.
every option is always at risk.
What I'm trying to ask is which is better on having a higher chance of increasing its value. Coin that is used for betting or coin just for dividends. |
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which is a better option for gambling currency?
release a token for ICO and participants will get a dividend depending on the number of tokens they have, betting on the site will not use the token or release a token for ICO and participants will be able to use the token on betting on the site, sites only option for betting is the token.
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looking for pinoy developer, planning to develop own crypto for a specific purpose.
If you are:
- knowledgeable on developing crypto currency from scratch.
- willing to develop the project with us with no fee for the min time and will just be part of the team and receive shares after.
- willing to meet me in person to discuss things personally
PM me.
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binge watch MARVEL MOVIES (and even series)! it will definitely keep you entertained! I personally love Ant Man.
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life is simple, life has a habit of disappointing our expectations. you just need to not give a shit about it and learn from it. enjoy the present and do not fret much about the future.  |
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This topic is very informative, without checking this thread I wouldn't know that it is possible to buy cars directly using bitcoins. But I think this is not yet applicable here in the Philippines (correct me if I'm wrong), but its good to know that bitcoin is beginning to be acceptable to use in real world applications in other countries. And I think once it gets stable in other countries, sooner or later this will be applied in the Philippines, I have a feeling it's going to be near since virtual currency are beginning to make noise.
Yes, its informative but anyone who want to buy car through those listed site will have to pay huge transaction fees and I think it will be better if people made their payment using GRAFT decentralized universal payment processor or those car dealer could do their sales through openbazar. I think it will be available in the Philippines for used cars. For Bnew ones maybe 5-10 yrs more |
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Any ragnarok PH players here?
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Planning to setup my first mining rig. Which is better for ETH 6pcs of GTX1060 @ $279.99 each or 3pcs GTX1070 @ $429.99 each. Also need some advises for long term mining plan if GTX1060 will still be useful after several years.
1060 was better choice in past, but now with hyunix memory 1060 is too slow for eth. Because of that is much better to go on 1070 cards. Even new p106 mining cards have lots of hyunix  Is it a good thing that they are using hynix or not? Is there a way to know if what memory are they using? Same card with samsung memory to to about 24.5m in eth, but with hyunix max hash rate is about 19m, depend of your lucky. And dont be fast with buying p106, lots new are with that not so good hyunix memory no way to determine if what memory are they using until you use your GPU? |
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Of course it is illegal. If the law says so then despite what you may think you are doing morally it is still against the law. This may be subject to change in the future and regulation with medical and recreational marijuana.
In my country, currently it is illegal to grow your own plant but in less than a year as we gear up towards recreational legalization they say you will be able to grow your own plants at home! I wait for such a sweet day
also heard the same news in my country, medical use is about to be legalize. waiting...... |
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may kilala ako sa davao. grabe rig nya 4 Servers pa! ETH mining at LITECOIN! maybe its still good to mine here in Philippines  maganda mag mining bro kung madami kang rigs pero kung isa lang nganga yon , kuryente palang talo ka na agad maganda kung madami talaga sulit na sulit ang kitaan diba ang gastos mo nmn sa kuryente ay directly proportional sa dami ng GPU mo. so kung mas madami kang GPU mas mataas gastos mo sa kuryente kung baga 4x ang kita 4x din ang gastos. |
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yea, go amd if your planning to mine just ETH but in my opinion 1070s a good buy for more versatile/flexible gpu
Sorry not aware that AMD is better for ETH. but for future use 1070 is better than 1060? for AMD part which is better to purchase? |
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Planning to setup my first mining rig. Which is better for ETH 6pcs of GTX1060 @ $279.99 each or 3pcs GTX1070 @ $429.99 each. Also need some advises for long term mining plan if GTX1060 will still be useful after several years.
1060 was better choice in past, but now with hyunix memory 1060 is too slow for eth. Because of that is much better to go on 1070 cards. Even new p106 mining cards have lots of hyunix Is it a good thing that they are using hynix or not? Is there a way to know if what memory are they using? |
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kaya pala ang mahal padin ng mga GPUs, nakakatakot kasi laging tumataas singil ng meralco.
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kumikita pa ba ang mining sa pinas ngayon. Considering na bumaba ang price ng ETH at tumaas ang singil ng MERALCO.
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Planning to setup my first mining rig. Which is better for ETH 6pcs of GTX1060 @ $279.99 each or 3pcs GTX1070 @ $429.99 each. Also need some advises for long term mining plan if GTX1060 will still be useful after several years.
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