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May 07, 2024, 09:12:49 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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1381  Other / Off-topic / Re: Just found this on my computer... on: October 23, 2014, 02:22:38 AM
Nice coin, but isn't it better to have bitcoin in wallet instead?
1382  Economy / Speculation / Re: Are the whales getting beaten? on: October 23, 2014, 02:22:10 AM
Whales == mining farm.

Until they go away or gone bust, there will be huge dump every day/week.

I am so sick of this argument that all these "dumps" are caused by mining farms; there are simply not that many new coins compared to the trade volume. 
Look at the numbers:

new coins minted each day: 3600 (avg)
largest mining farms percentage: ~30%
So roughly 1000 coins per day from one farm, or 7000 per week.

In the past 24 hours the USD exchange volume alone is about 25K BTC; the chinese exchanges are 5x that.  So you're talking less than 1% of the coins traded per day.


Most of the trade are by day trader, they buy and sell to each other so the volume is high...
1383  Other / Off-topic / Re: First time you heard about bitcoin on: October 23, 2014, 02:19:19 AM
Beginning of this year.
1384  Bitcoin / Mining speculation / Re: Buying a new 2Th miner on: October 13, 2014, 07:56:52 AM
Advice is don't buy any miner right now, even if its legit you will still not make money from it ....
1385  Bitcoin / Mining speculation / Re: miners shutting down? on: September 23, 2014, 01:33:39 PM
I doubt that difficulty is going to drop, at least not for a very long time. We're currently seeing the beginning of the end of the mining-manufacturer bubble; the companies sit on thousands of chips that they can't sell anymore. I expect a big wave of dying ASIC companies, but till then, the only choice of these companies is to turn to self-mining with their own unsold equipment. ASICminer is an example of that, but I think that the recent rise of DiscusFish's percentage in global mining is all the cheap ASIC manufacturers in China starting to self mine or cooperate with big industrial mines in order to get rid of their pre-produced equipment.

If the difficulty increase like this, soon some giant miner would hit break-even for their electricity...
1386  Bitcoin / Mining / Re: Largest Bitcoin Mine In The UK on: September 23, 2014, 01:30:49 PM
Nice, but more detail would be nice..
1387  Other / Off-topic / Re: Best multiplayer game. on: September 23, 2014, 01:29:02 PM
Ragnarok online.
1388  Bitcoin / Mining speculation / Re: How low can mining equipment get? on: September 05, 2014, 02:06:04 AM
With the Hash rate shooting up and mining equipment prices having to go down, how low will it go to where the ASIC manufacturers are no longer making profit?

It seems like we have leveled off at about 28nm and slightly sub GH/W.

Will an Ant Miner S3 Cost $100 shipped over seas?

Will a Dragon 1.5 TH miner cost $300 shipped over seas?

Thoughts?

That is why we are seeing more and more cloud mining, cheaper to just build asic and mine immediately next door..
1389  Economy / Speculation / Re: If BTC doesn't go below $440, prepare for liftoff on: September 05, 2014, 01:57:38 AM
Nice chart, but it doesn't make any sense. What if bitcoin go below $400 then only the bulls come Smiley
1390  Economy / Speculation / Re: do NOT buy in dead cat bounce, fake recover shall not pass $520! on: September 05, 2014, 01:56:59 AM
another deadcat bounce to $490 I suppose? Time to sell?
1391  Economy / Speculation / Re: The Magic Number is $756.01 US on: September 05, 2014, 01:54:51 AM
Bitcoin could easily reach 100B market cap once companies start paying workers in btc.

Don't forget a lot of the coin has gone missing and lost and the total supply of btc will be mined in just a few years.

Well, only if government legalise bitcoin, if not you can't pay your workers in btc. Its illegal..
1392  Other / Beginners & Help / Re: Giveway on: September 05, 2014, 01:52:15 AM
Please suggest some sites

Who gives some free giveway to trade

like btc ,ltc,str etc
Please suggest....


Faucet are your best giveaway now.. no more giveaway allowed on bitcointalk..
1393  Other / Off-topic / Re: Celeb Nudes leaked (sold for bitcoin?) on: September 05, 2014, 01:50:21 AM
I want the damn pics.. where are they!  Smiley

Search around, its easy to find.. Smiley
1394  Other / Off-topic / Re: Do you like Hearthstone? on: September 05, 2014, 01:50:00 AM
Anybody completed hardcore boss? Its like impossible..
1395  Other / Off-topic / Re: Post your Total time logged into Bitcointalk on: September 05, 2014, 01:47:52 AM
Total time logged in: 12 hours and 39 minutes.
1396  Alternate cryptocurrencies / Altcoin Discussion / Re: Tired of being scammed and losing to bots, how do I effectively scam people? on: September 05, 2014, 01:47:39 AM
Tired of being scammed and losing to bots, how do I most effectively scam people?

That is what escrow are for. Always use escrow and you would be good..
1397  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HYPER ~The Game Currency ~ Merchant App ~5% Monthly PoS ~ Live Games on: September 05, 2014, 01:33:25 AM
I have been checking hyper thread once every few days. It seems dev dump hyperzanda project already?
1398  Economy / Service Discussion / Re: HASHNEST Discussion and Support Thread on: September 05, 2014, 01:32:26 AM
Worth buying this cloud mining?
1399  Other / Off-topic / Re: Worst Movies You Have Ever Watched on: September 03, 2014, 08:26:35 AM
saw 1 to saw 6

Watching even 5 minute give me nightmares...
1400  Other / Off-topic / Re: What comes to your mind when you see the username above you? on: September 03, 2014, 08:24:35 AM
Leet pirate....
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