When you say you don’t have any wallet.dat I am assuming you don’t have a wallet for ETH correct? Just the seed?
If so you really should use MyEtherWallet and put one on an online computer and another on an offline computer.

You put your seed in the offline computer and it will generate all your addresses, then with the address which has ETH use the offline tool from MEW website and make an unsigned offline transaction, then put those details such as nonce, gas fee, etc into the offline computer which will sign it. Then take that signed transaction and put it on the online computer and send it where you want.

This way your funds won’t get stolen if you got a virus somewhere.

With most coin wallets you can always CPU solo mine but you can’t do it with Bitcoin core because the developers removed that option years and years ago when people have long stopped CPU or GPU mining with the Bitcoin core wallet. So this is why it doesn’t work. Try another alt coin and it might have that solo mining feature still included.

But read what everybody wrote here. CPU mining Bitcoin was what you did back in 2009-2010 and then in 2011 you could GPU mine and then in 2012 you could only using ASICS and wasn’t worth the effort anymore. It’s a waste of energy you won’t find any blocks.

Tether already said last week that they hold no commercial paper from Evergrande.
If they did hold some paper they would either keep quiet or disclose it. However I am pretty sure they don’t hold any. And even if they did, it will be a small portion and not like 25% of their reserves.

Same with what the Fed reserve said. Most of the US companies don’t have that much direct exposure to Evergrande even if they did default. So most likely it won’t affect Bitcoin or USA stock market. I think people just watch too much “the big short” and think that another crisis will happen over this.

The price changes are bad. If it was like most stocks which maybe have a max swing of 5% a year. Then it wouldn’t be the end of the world however the people there are already living in poverty so them losing 10% in a week is unacceptable.

I think eventually people will be able to keep USDT or USDC which is much more stable than their currency and people will be happy. Right now most people are happy because the got the air drop for free. However when it’s time to actually work and get paid BTC most people will not opt for that option unless they can hedge in some way.

There really is no secret method out there. Sure there are some very small alt coins which you can mine however there is no guarantee that they will do an 100x. And the daily profitability of those coins is slightly less than mining ETH directly.

If some new coin and algo comes out then as soon as it’s listed on one of those “ whattomine” website and it shows as slightly profitable than ETH you will see the difficulty sky rocket because everybody wants a piece of the more profitable pie.

Mining is extremely difficult these days. More difficult than in any of the previous cycles.

Your friend should learn first what difficulty is because I notice most new people have no idea what it is. If a GPU earns $5/day as an example. Say ETH is at $3000. People will just say “I can short hedge some ETH at this price and I am guaranteed to get ROI after a certain amount of days”.

Which is true if ETH goes down and crashes. Usually the difficulty will stay the same or even go lower in their favor. However the issue is when ETH stays the same or goes up a little. Then the difficulty keeps rising and the $5/day can quickly become $4/day or $3/day. And they are at a loss because their short hedge is also underwater.

I think most of us missed the boat on Sol. We should of bought it when the FTX owner was saying he is buying as much as he can at $3. It would of been a better buy at $25. However now it’s still over $100 and even $80 is still pretty expensive considering how cheap it was before.

Also $80 is a pretty significant drop from the ATH. If it goes there it might not be a dip but it can be in bear market territory. It’s better to buy it now and use a tight stop. The market is scared of the Evergrande so might keep dumping everyday until it’s resolved and BTC and alts will suffer as a result.

I would say a business expense is more like transaction fees or trading fees. If you are saying you need to lose like $10k which is considered a learning expense then you are doing it wrong. Sure you need to trade with real money instead of demo to feel emotions but you should try and trade with smaller positions.

Whether you have a $1000 account or a $100000 account. You can take a trade on both and your emotions will be similar on both. But it’s better losing $1K instead of $100K. If you are trading with a $10 account then it’s different because it’s not much and you won’t feel fear and greed. Needs to be an amount not too small and not too big. It’s different for everyone.

Since it’s for short term your best bet is to see which alts are either neutral or bullish when there is a nasty bearish day.

Pull up coin market cap and see if you can find a green alt and find out why it’s green. If it’s because of some positive development then it might be a good short term investment when the market recovers. Because if Bitcoin recovers the alt should pump even more since it’s market cap is smaller and the gains are bigger.

Since the OP never updated the graph it’s hard to tell whether it crossed or not. Since this is a bullish cross it means you were suppose to long after it crossed however it doesn’t look like it did. Since price went down it couldn’t of uncrossed where you would of taken a short. So this was either bull trap or no trade.

September was predicted of being a neutral or bearish month. Look at all the September’s in the past, they weren’t huge bullish candles. Usually October and November are better for crypto and even stock markets in general.

Looks like the OP was correct somewhat. We almost touched $40K. Pretty nasty selling especially at the China open. What we are seeing now is the Evergrande market crash which is affecting all global markets and Bitcoin is following. The reason why it’s significant is because people are expecting another housing crisis crash like in 2008.

People are comparing Evergrande to Lehman brothers. They think that once they go, there will be a domino affect and others will follow and we will have a nasty bear market. However this is only a guess. I don’t think it will go that far. We will see what the developing news is this week.

You can always buy the old Tahiti GPUs for cheap. The Tahiti GPUs are the AMD Radeon 7950, 7970, 280X. You can also try and get the Hawaii which is the R9 290 however it’s a popular card with gamers and might not be cheap.

Anyways. With the Tahiti you can mine ETC until the DAG is greater than 3GB. It hashes at around 22Mhs or so. So not the fastest but pretty decent. Only issue is they are power hogs. No matter how much you undervolt, it will eat 200 watts.

There are also the Pitcairn, which is the r9 270X however those are usually max 2gb.

I’ve read that tweet back in July. While it’s possible it’s all speculation and no direct proof. Now whether Evergrande goes bankrupt or gets a bail out is not similar to the Lehman brothers back in 2008. Even if Lehman brothers got a bail out there would be a recession anyways.

I think everybody is trying to time the top of this stock market cycle and they use any news possible like this to mark the start of the bear market. However look at how many times in the past there was some event and people assumed the stock indices topped and they kept going higher and higher anyways.

Just because a coin is fundametally good doesn't mean it will have a high price. And the same is true vice versa. These days its more about marketing than fundamentals. Use ADA for example. Look what happened last week and why does it have such a high market cap. The reason is due to marketing. Same with coins like TRX and such. They have very good influencers and people rush to buy the coins and they have a high price.

This is why you see tons of amazing projects however they just don't have the market cap because they dont have any money to be spent on marketing. And usually without funding they might die off since no developer wants to work for free.

In the real world this is also true. For example take Tesla. Why does it have such a high market cap when their cars are poorly manufactured. There are many other EVs that are better than Tesla but people still buy Tesla anyways. They got poor panel gaps, there are no parts availability and such.

Lately there hasn't really been any sense. The latest news was the El Salvador launch and Saylor buying more BTC. But that was like what, a couple of weeks ago, which is months in regular stock market time. The reason why bitcoin is doing down now is because the stock markets are getting toppy. The major stock indicies are about a break short term support and might go in for a deeper dip.

The reason why this is important because there is correlation between stocks and btc again. The stock market had a strong sell-off and most likely with covid returning, there might be a deeper pullback, at least until the end of September and most likely bitcoin will follow suite.

Yes and most likely at September 13,2021, 04:00:00 PM, he figured it out by doing some reading on the pool website. And yet there are still people who keep bumping this topic up for no reason.

This is very typical during bull markets. Somebody makes a new account, makes a thread called something like "How do I mine BTC with my iPhone" and makes a 1 sentence post, and never returns but the thread has over 100 posts, with people saying the same stuff over and over again.

I think there needs to be some moderation for low quality threads like this.

There is no compute mode option with the AMD drivers if he is using Windows 7. The option is there for Windows 10, however for Windows 7 AMD never included that option. If he wants to use RX series GPUs and Windows 7, he needs to use the robinh00d drivers.

My advice for the prior post is, you need to install some old AMD driver version from like 2016/2017, and then go to your display drivers and click on update driver and point to the robinh00d directory and it should install. Sometimes it freezes but 5-10 minutes later it should be installed.

You might need to do this for every GPU inside your system. However keep in mind that you got a max 4 GPU limit under Windows 7.

I don't know if you are doing this legally or not legally however there is barely any profits these days from CPU mining, well unless you got access to some high end gaming chips like the Ryzen. If you are doing this illegally at some school or work, its really not worth the risk of getting fired to make a few pennies a day.

The only type of mining thats decent aside from Monero is GPU mining which you most likely can't do because most workstations dont have high end gaming video cards. People tried doing this in the past and they ended up getting introuble by their employer. Some guy even did this on government systems and got charged and fired for doing so.

So my advice is not to do this.

It was easy making money in the last 3 years or so because we came out of the bear market from $3K. However the past couple of months, its been difficult and its not because we are in a bear market but because we are trading sideways. The real money in the last few months was in the DeFI and NFT. Thats where the Tik Tok millionaires were created, not by trading bitcoin or ethereum.

The reason why you are losing is because there is chop and its hard to tell which direction bitcoin will go. It was easy before because all you had to do was long and you would of most likely had a winning trade. However right now its hard to tell what will happen. I am hoping that $42K will hold as support but I am also worried about $50K being strong resistance. So until we clear those values, we can't be sure which way the trend is at the moment.

I wouldn't bother trying to recover your BTCP. That coin back in early 2018 was big, it pumped like crazy at launch. It had a price of like $50 or so, then after that it basically went down hill. Right now its priced around $1 or so. So I am assuming if you didn't sell at $50 because the value was low, then most likely you won't want to sell it at $1 either. The chain still seems active, so you can always just send your coins to an exchange to sell.

Ethereum obviously is the one that went up the most since 2018. It peaked at $1400 back then and look at the price we have today. So this one is actually worth recovering. The other 3 coins, SIA, DCR and MONERO are pretty much where they were back in early 2018 or so. So if you never having lots of those coins then it might be worth the hassle to recover the wallets and send to an exchange to sell.