if you put all of your money on bitcoin, aren't you basically speculating? speculating that its value will hold up better against fiat or other commodities.
Not necessarely, one could buy Bitcoins because they like the social and economical aspect of it, and they want to be part of that movement, with speculation being not the most important argument to the decision.
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I love nature, so I'd love to see some of the US national parks, mountains, forests, etc. I haven't had much time to visit these places yet, so I better start working on it. Why not cross the border where you're at it, Canada has some magnificient parks, mountains and forests. Especially British Columbia!
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why pesetacoin is undervaluated?
because everybody is on the one-pump-trashcoins. Smart money accumulating pesetacoin for longterm. It's also because of the constant selling pressure from miners who are simply interested in Litecoins, and don't mind selling the Pesetacoin at any price.
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Sell the rig for $30 and buy 0.05BTC with that - that's more than the hardware could ever mine.
I think the rig worth much more then $30 just not worth for mining.. Well I live in the Los Angeles area and if I asked more than $30 for that rig it wouldn't even get a lowball offer. Obviously the value will vary based on region. If the OP doesn't need the machine best bet would to sell it and buy BTC directly given the current fiat price drop. If sold only as a mining rig, sure, but this is a good PC which gamers would pay a few hundred dollars for. Are you kidding? The GT610 is the lowest entry level card nVidia has and is essentially a free after rebate type product. Intel HD4000 blows it away, let alone HD4600. For $200 you can build a PC that's 4x as fast from Microcenter. But that's neither here nor there. A PC is not really meant to be used for mining currently since all the driver hackers end up GPU mining any CPU coin. Even so, it's still worth a lot more than 30$. It would be silly to sell it that price to buy coins.
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so much discussions about it rising but is it true?
Well, the price is determined by the users, so if most people here would be willing to buy coins at more than 1000$, then sure it will stay that way
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I am confused, is this the real Pandacoiun?
It's not the first Pandacoin. The original one was a scam made by Wolong, so this legit Pandacoin was created as a way to stop people from investing in the scammy one (which was dumped hard soon after, and is now worth nothing).
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A new algorithm may be incompatible for ASICs. It isn't easy for developers to just make a fork and make all the users and miners to switch to a new client. It doesn't benefit those with big ASIC farms since all their hardware would be wasted.
And that is really bad? If the new algorithm is incompatible with asics, maybe many of the users (who are far from mining because of the dificulty and costs) will start to mine themselves for the stability and safety of the network... Yes. For people who invested a lot of money into mining, they don't have any chances of getting ROI. If the new algorithm can be CPU mined effectively, botnet mining would resurface. Botnet mining are most probably stopped now since the difficulty is so high. I'm guessing they are still quite present, since they cost nothing for the operator. And they are most likely very profitable with X11 or X13 or whatever.
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Never give up mascot ^_^ Also hmm merge mining http://www.coindesk.com/dogecoin-allow-litecoin-merge-mining/Dogecoin to Allow Litecoin Merge Mining in Network Security Bid The dogecoin development team has announced that it will soon enable auxiliary proof-of-work (AuxPoW), allowing merge-mining with litecoin that will address concerns over the altcoin’s future. AuxPoW enables the dogecoin block chain to receive work from other scrypt-based networks. Dogecoin miners will still be able to generate blocks and receive DOGE, but now, litecoin miners will contribute hashing power to the dogecoin network. Will the proposed merged-mining with LTC work backwards as well?? (Dogecoin mining pools merge mine LTC---so Dogecoin miners can pull in LTC as well??) Seems like a great idea right now! Let's hope it pans out in our favor... There's no need to, since Dogecoin pools (or at least SimpleDoge) will mine LTC and allow its miners to sell it automatically for dogecoins.
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Work for FIAT, buy Bitcoin, pray that it goes up. Besides praying, one could try to contribute to cryptocurrencies in any way he can; like by selling things for coins, or doing publicity by making people realize how cool cryptos are, or simply by being generally knowlegable about them.
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I will suggest you to buy stellars
Why buy when he can get them for free? 1. Someone may not want to link his FB account to get the free Stellar. 2. Someone may expect the price to go up a lot and so want more than he can get for free. Could anyone just create dozens of Facebook account just to get more, or is there some protection against that?
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Definatly one of the cryptonight coins (probably monero).
Their main disadvantage, is that people who were born on Superman's planet won't be able to use them.
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I'm starting to think none. With the deludge of altcoins, multipools and shared mining contracts autoselling to BTC.
I don't want to give up on alts but some forces cant be stopped
only BTC and ETH for 2015
Well, the PoS coins solve the multipool problem.
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Dogecoin consistantly has about 150% the amount of active addresses that Litecoin has, and between 10 and 15% those of Bitcoin; which is good considering it has only 0.3% of its market cap.
1. Tipping 2. Faucets Tipping is mostly done off-blockchain, and faucets are just as common for the two other coins.
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It seems fine actually, are you sure that simply giving him time to complete the download wouldn't solve the issue? The blockchain takes many hours to download.
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Lots of new coin coming up. Some long term holders are hedging their bet and putting some money into new generation of coin.
Long term holder of bitcoin need to be aware of the trend.
This has been going on for a while though, since the beginning of Peercoin and Litecoin. The peak was this winter, at the end of BTC's bubble. At the moment, the altcoin market doesn't seem to be as lucrative as before.
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What is in your opinion the best altcoin to invest in for 2015 and why.
Personally I have interest in some older 'proven to be solid-' POS coins with not too high stake, it dillutes the amount of existing coins and it will be harder for the price to rise. So I decided to hold lots of CGB's with only 2% max annual inflation and technically flawless. From the newer coins I got RDD's (5% annual) because it has a great niche on social media platforms, it seems nowadays everyone has some accounts so it's a big potential market.
I agree with you, about the solid and fair PoS coins. I prefer Peercoin though, because it has some nice developpment going on with Peershares.
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Someday all Bitcoins will have been mined.
Is mining then still necessary ?
And is the 51% problem still in existance ?
Actually, it is easiest to 51% attack after all bitcoins have been mined due to the decrease in difficulty... Difficulty may not decrease since no new coins are released to the trading market. There would be much more demands. Miners can still earn from transaction fees which is probably around $10-100. I don't think much people would stop mining since even advanced ASICs would have came out. If everyone stops mining, many would turn on their machine again to profit pushing the difficulty up. Since this will be in so many years, I think it's safe to say that the developpers will find a way to adapt so 51% attacks are not a concern. A new algorithm perhaps? A new algorithm may be incompatible for ASICs. It isn't easy for developers to just make a fork and make all the users and miners to switch to a new client. It doesn't benefit those with big ASIC farms since all their hardware would be wasted. Perhaps a PoW-like system would be made, which makes 51% attacks impossible, and would still be compatible with ASICs. It's so far in the future that there's no way to know what kind of developpment will happen
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I'll go for captcoin.. After the free giveaway of captcoin (september 13, 2014 40 days from now) it'll be almost impossible to mine if you don't have it making the coin rare and unique. Invest in captcoin now! It's still free (just solve some captchas) or if you want to buy it it's around $0.005 per coin. More details for captcoin here: https://bitcointalk.org/index.php?topic=683776.0The most important point of CAPTcoin (its unique feature) is its distribution. Here's some information I may add: CAPTcoin is the best distributed PoS coin: During its first 11 days (so far), 2,400+ unique addresses have claimed their share. ( More stats.) The total distribution time is 50 days (still running). After that time, all remaining coins will be destroyed. Distribution is made by solving captchas. It's important to mention that those captchas don't generate any income. They're used for these reasons: - People must invest time and effort to claim their coins. Therefore, they will appreciate them and won't dump them.
- Prevent anybody from using bots to claim an unfair share. Anybody can claim several times, but only investing real time.
- Anybody can claim. Mining rigs are not required.
Hundreds of people are using crypto-currencies for the first time thanks to CAPTcoin. Isn't the distribution somewhat sketchy, since it is done by a central entithy? The idea is interesting, but I still think mining is better since there's nobody to trust. Indeed, the fact distribution is centralized is far from ideal. But it has several pros. So far (in 12 days), 2,586 unique addresses have already claimed. Having a large user base and introducing new people to crypto-currencies are great advantages. The real value of CAPTcoin will be seen when distribution is over (on Sept. 13th) and it becomes 100% distributed. You're right, it has a good advantage for introducing people to cryptocurrencies. I'm a bit skeptic about it being a good investment though. But best of luck to you
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Enrollment List will be updated every month?
There is no longer an enrollment list, Stunna keeps a spreadsheet of current users in the campaign. As long as you filled out the enrollment form you're good to go. There is still an enrollment list. It is rarely updated however. It is useful for members to check if they are enrolled and not wasting their time here. Errors cannot be prevented so many people still need Stunna to confirm it. I don't recall anyone ever complaining because he wasn't paid after enrolling through the form though, the system seems solid.
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40 BTC sell of. Someone exited big on cryptsy. Dark days for Doge. I hope it will survive.
It has seen worse This graph has been posted on Reddit, which shows the number of active adresses of Dogecoin, Bitcoin and Litecoin: http://bitinfocharts.com/comparison/activeaddresses-btc-ltc-doge.html#3mDogecoin consistantly has about 150% the amount of active addresses that Litecoin has, and between 10 and 15% those of Bitcoin; which is good considering it has only 0.3% of its market cap.
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