I mean if your aim is to waste money sure, but then you might also just want to buy a bunch of lottery tickets or just set your money on fire, those are faster ways of losing money than ICOs - but only slightly.

That marketcap is utterly useless if you look at the coin distribution:

https://explorer.lbry.io/richlist

Normally, I'd also plan on accumulating LBRY in the near future but we're only playing with dust here while about 98% of coins are tied.

That shit is way too centralized to me to find it even remotely interesting.

I would love that.

I use Google Authenticator for a dozen of exchanges and various services and I'd love to be able to use 2FA for desktop wallets as well.

Thinking about it, it would probably wouldn't work because there's no way to enforce a delay between tries once someome manages to get a copy of your wallet so essentially they could easily bruteforce it. Unless I'm missing something.

Received, thanks!

I agree. I mean we strive for anonimity and decentralization yet people love centralized exchanges.

Personally, I have never given my real name to any exchange and always treat them as a risk because that's what they are; a single point of failure.

This is why I mostly use Bittrex but they are also coming around and will start requiring user verifications (https://bittrex.com/News) at which point I'll stop using them, or only use them with amounts I don't mind risking.

GPU mining as an investment is pretty linear. The more you invest, the more you earn.

For $500 you're not going to go far and it even might just end up being a learning experience or a waste of time.


I also think you'd be better off spending that money trying to trade some coins - unless you have access to free or very cheap electricity in which case you might want to start mining.

Some of these coins are borderline dead (with practically zero liquidity) and they have no potential and what you're expecting are basically only dead cat bounces or some weird pumps.

Turn on the coin control feature so on the Send page you can see and control the inputs. If you want to send 10k but that 10k is scattered over a lot of small transactions then you'll go above the maximum transaction size so you can't send it. I'm not sure what the transaction size limit for DNET is, I'm sure someone can tell you and with coin control enabled you can see how much data the transaction would need when you're selecting the inputs.

If it's an ICO then chances are it's a scam. But even if an ICO is not a scam, you wouldn't know in advance but only after it reached its goal. Sure, you can invest and get lucky but then what you're doing is not investing, but pure and simple gambling.

I'd even go one step further; if there's a coin for which the "devs" are clearly interested in money (especially early on) instead of funding their projects themselves, then it's very likely a scam or just an overambitious project that will never happen but in this context that's also pretty much a scam as well.

If a coin has an ASIC PoW algo (SHA256, Scrypt, X11) then it's probably a low key copy paste coin with nothing interesting going on therefore it's a waste of time. I mean I think you'd be hardpressed to name a decent coin that came out this year with these algos. Do note, that I'm a GPU miner so I'm obviously biased, but even if you only look at how many people have GPUs and how many people have ASICs you can already see the massive difference in distribution and intention. If you're interested I can detail several other reasons why ASIC coins are bad for coins and crypto in general.

I also think all kinds of coins that start with PoS, or have it switch to PoS in the first year or so are shitcoins. Staking basically means the rich gets richer (with no effort nonetheless) which goes absolutely against wider distribution (therefore decentralization) so there's that. I mean if everybody gains more coins based on how much they own without any work then nobody really gains anything over the other so pure PoS coins are basically a fallacy and are pretty close to Ponzis because the only way long term stakers can cash out is if they pass their bag onto new unsuspecting stakers. And I think even low rate staking coins are stupid because it's perplexing to me why anyone would tie their money for a few percentage annual gain in crypto which has bigger swings in a single day. It's worse than rolling the dice.

I can't really tell you which coins to look for, but I do have a suspicion that a bunch of old coins will get picked up instead of new coins being launched.

I use the same power supplies. Pricey but super reliable, I love them.

Generic low effort scam attempt with zero info or plan and with the obvious copy/paste:

http://www.ecowatch.com/10-animal-species-that-could-vanish-in-2015-if-we-dont-act-now-1881995068.html

Right, let's assume we have a coin that is accepted at every single pizzeria on this planet as an alternative to cash.

Now, why would anyone use that instead of cash? What are the benefits?

If you order you're already gave up the anonimity feature and pizzerias will dump any and all cryptos to cash as soon as they're able.

It's utterly pointless to use a crypto for pizza.



Holy shit, that one will never get old.

Every single bot that works; from your script kiddie's basic python script to professional bots you can buy.

It would be awesome to have exchanges work without showing buy and sell walls up to a single satoshi but the lack of transparency wouldn't worth it.

But still, coins with let's say a value of 5532 sats only showing on exchanges as 5k sats for buy and 6k sats for sell would render most bots useless.


I don't care for arbitrage bots, good for them for noticing the discrepancy but price manipulating bots are a serious cancer to cryptos.

I don't think it's possible yet for Pascal.

Why the hell would a centralized cryptocurrency could ever be even comparable to BTC?

Mining costs money by the second so low rewards will cause fewer miners defending the network.

Merchants try to never hold much coins and so they're also selling them so you'd have difficulty differentiating between merchants and users.

Reducing the time between blocks also means the blockhcain will grow that much faster.


Basically there's nothing you can do to try to exclude mining pools and big miners. They can game any system and appear as regular small miners.

I'm not bothered by that at all. I mean I don't even think those coins have an owner anymore (someone with a private key) and even if there is, why wouldn't the owner moved it (or just a fraction of it) long ago when the price was crazy high? But even if one day the coins would move (which would likely mean getting sold) I think people would just take a big sigh and be glad that it's no longer there and the price would quickly rebound. Basically, I think Satoshi's stash is priced in to the current price.

And - as much of a cliche as it sounds - I do think Satoshi would deserve it because he really did gave us something we can all be thankful for.

But even if he still has the keys, he more than likely realized that he'd be a dumbass if he moved the coins. Unless he'd move them to an obvious burn address which would be fucking hilarious.

Why would it be under 172.16.1.x?

Local IP's are in the 192.168.x.x range by default.

Only 100 BTC? Well in that case... lol

I'm not familiar with that pool based on the picture but you should try lowering difficulty if there's an option for doing it.

If not, try another pool.