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been looking at forums, waiting for it to start. Haven't even done the folding since it only pays the frank coin stuff which im not interested in.
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What iv noticed is that bitcoin doesn't pick up anymore - its constantly losing value - and even dropped as low as low as 4xx $.
Is the difficulty together with the fbi, china etc news making people leave and give up the coin already? Everyone trying to cash out fast and try altcoins instead.
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im kind of wondering if the thread was actually made t o stop people from mining altcoins - so they could actually mine more of them at lower difficulty.
There is nothing wrong with taking some risks with altcoins. Bitcoin was a huge gamble and risk early on as well.
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they are pissing me off. 3 weeks now iv been trying - even talking with customer support.
Every bill/statement is electronic - and has been for years.
I even sent them my proof of residency PDF that is digitally signed by Government - should be the strongest/best proof of my location (unlike printed bills) - nothing. They just write bullshit about "go there and send valid documents".
Im about to completely give up and forget about bitstamp since they have made it impossible for me to validate (most bills dont have my name on it + ordering them on paper costs extra).
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I know someone with a very big business that I could probably get to take IFC for. However, how would he go about doing it? He doesn't have to set up the whole system himself now, does he?
As in sellign products? coinpayments offers an api for that.
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im not ah older.. i basically have none.. so its not my money in play.
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With goverments/ banks starting to manipulate/control it and resent price crashes and nto picking back up.. is bitcoin showing signs of failure?
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didnt orbitcoin cut the "premine" - which is now given out as bonus blocks when you mine?
And all the instamined/üremined coins... are not currency... just something for the rich to play with.
The advantage of the mining is that you dont absolutely need large sums of money to get soem share of the coin.
The oens who support those coins simply owh large amount of shares and try to push it up to make profit. nothing else.
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this poll would need more options and 100x more votes to be viable.
qrk and such are boosted inv otes by the largest shareholders who want to make quick profit off it... not cuz its a good one thats worth being on the trademarket.
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99% is as good as mined out. you may be able to make a few quarks with a botnet or large vpn - but the power costs wont even remotely be close to what you gain. Which means hoarders of 100-s of millions are simply enriched with all the new users.
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So the way i see it... only way to get to the quark market is by enriching early miners and buying from them.. since its mostly mined out...
CPU mining is flawed - botnets and huge vpn networks.
What initiative is there for new people to even bother with a coin thats mined out by perhaps 100-200 people? Feels like a get rich scheme.
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sad thing about quark is that... well its miend out by a small number of people. New ones aint coming onto the market just to enrich the massive shareholders to even get a few of the coins.
Ifc is at like 60+% so its still mineable but it also has large volume available already.
Not to mention that quark is CPU mineable - which means massive botnents an VPS server networks.
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but if nooen sells. .the whoel trade dies out.
The whoel poitn of the market is to buy low, sell high - but you cant buy if noone sells.
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at 5khs you most likely wont see any payments at all.. or rarely.
This is a very low hashrate.
Integrated gpu on the laptop could most likely do better then that. at that speed you may make 50 ifc/hour if lucky.
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got a few coins before the massive boost but not many.. .and the way it is now i wont be able to keep it cost effective or competitive with my gpu anymore.
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and solo mining is impossible... great -_-
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so whats new in 185? should i bother takign the risk of getting a screwed up blockchain if 180 currently works just fine. What changed?
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