No.  Please try to follow along.  I will type slow.


What is or isn't interesting to you means nothing.  It's the truth.  95% (probably more like 99%+ but I am being generous) of the world knows nothing about crypto-currency today.  And they WILL want in when it mainstreams.


$100?  You said "worthless" before.  Change your mind?   Besides, this doesnt even make sense.  They are 5% of what?  Please read above.  You are guessing that these cards will only be worth $100 someday because you assume only gamers will want them  You are wrong.


Why is it that your entire argument is based on "incoming drops" and "in two weeks"?  Ah yes.  Because you are guessing and throwing FUD.


(Sigh)  Señor Knot.  Please try to keep up.  I am talking about USB Block Erupters that will only mine dust.  YET, people are still selling them used on eBay for $60.  Do you even know what they are?


Wow.  Are you always this slow?  No.  Like these today.   They still have value to someone.  Which is my entire point.  GPU's will not be "worthless in two weeks" as you originally claimed.
http://www.ebay.com/itm/like/151209947794?lpid=82


LOL.  Let me get this straight.  AMD, one of the largest chip & board manufactures in the world is afraid of competing "coz" of small ASIC specialty shops?   Right.  This is like saying Mercedes is afraid of Tesla because they don't know how to make electric cars.  It's all about the market and believe me, AMD is perfectly capable of making a single function ASIC chip. (Just as Mercedes could make electric cars if they chose).  

Again, THE POINT is that the market isn't big enough to warrant mass produced, purpose built cards.   Today.


Oh they will die.  In 26+/- years.  Until then they just get more difficult and the rewards get smaller.  What you are missing young Mr. Knot, is that the price of BTC will increase dramatically in the next decade.  You are only looking at today.  You think "Mining is dead because it costs more in electricity than what I am getting at $600 a BTC".  Would you keep mining if it was $6000 a coin?  Because it will be, eventually.  Again.  You are looking at today.  I am looking at ten+ years from now long after you have spent your mined coins on candy & beer.  


And you should stay in school.  And take an English class.

There are no 280x's on eBay for $100.  So, you are just trying to predict the future.  Poorly.

After all that's what people said about block miners too.  SELL!  Worthless in weeks!  Yet they still sell TODAY for more than half what they cost.  
95% of the world knows nothing of crypto-currency.  When they do, they will want in.  Just like the people buying blockminers today.

Besides you are assuming that the majority of GPU's sold are for miners and when the difficulty rises there will be some glut of cards and drive the price down.  Simply not true.  If miners bought the majority of cards we would we would see purpose built, dedicated ASI mining cards marketed to miners.  Yet, we don't.  Everything ad and card is about gaming.  Know why?  Not a big enough market or they would exist.  Truth.

You sell all your gear and go away. Get out now and break even or with a small profit.  I'll keep mining, save my coins for the inevitable price rise and retire.

Thanks for playing.

They can always be sold for their original, intended purpose.  As gamer video cards. 

Lol..you sound stupid. Go troll somewhere else. I am glad you know everything about me. Goof ball. You are just mad you bought a GPU for $400 and realized its not worth that and never will be. Now that the market sucks, you are stuck holding the bag. Sad...

You'll be the first in line to buy his stuff, nice strategy, use fear to take advantage of the weaks.

Or not...lol you don't know your ass from a hole in the ground.

I think the correct and most honest is: we don't know.

Thanks for your answer. This is kinda weird, but as most Scrypt-based coins are more or less Litecoin clones - they try to differentiate somehow. Either with the story or algos implemented. It seems you came to their story - wo/ invitation.

Now, the second, more important question...

Have you considered what tricks can be done, to raise profits somehow? From 0.17 BTC/MH/day we fell to barely 0.005 BTC/MH/day.

What comes to my mind is:
a) trade coins a bit to make some additional profits
b) do payouts (also) in LTC (to lower the pressure on dumping coins for BTCs)
c) do some arbitrage trading - to raise profits....

Or you'll stick with pooling?

What do you think?

For plans a) or c) perhaps this is not your core - but plan b) is feasible, don't you think so?

The -zapwallettex inlcudes a rescan, no need to specify it separately.

New method with 0.9+ built directly into core client:

  -rescan                Rescan the block chain for missing wallet transactions
  -zapwallettxes         Clear list of wallet transactions (diagnostic tool; implies -rescan)

It does exactly what it says - it rebuilds the transaction list from the officially confirmed blocks.

Naturally, get a reliable wallet backup first.

post mal blockchain

Just check a few posts above - it's not a "reject"-problem, it's a settings issue of your cgminer/sgminer/whatever. I have 3-4% maximum rejects using the EU server (as I am located in the EU ).