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i think the only publicly known fact when it comes to his money is that he liquidated a million dollars' worth of eth a while back when the price was much lower. everything else is guesswork.
it wouldn't really matter for him if ethereum went to zero tomorrow. he'll be set for life as a consultant.
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I would simply recommend purchasing a hosted rig farm. You will pay an upfront cost for your rig and then a small monthly fee, but the hosting center you purchase from will maintain your rig and you can have truly passive income
there's a reason why real miners do it for themselves. you can't depend on anyone else to do it for you without them trying to rape you. there ain't too many honest players when it comes to crypto. What would you get with 50k for your farm.
How would you start your farm with 50k.
Id love to hear other peoples opinions and advice.
the first thing i'd do is keep my powder dry to see what the deal is with chinese mining and the rumors of a ban. no one knows if it's true or not, but if it is then that's gonna have a huge effect on the difficulty and the availability of machines. i guess we'll know more in the coming weeks. |
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the machine is less important than your electricity costs and set up. have you used a calculator to figure out whether you'll be profitable or not? mining moves pretty fast. the last difficulty adjustment was way up and eats into everyone's profitability.
and you never know. if chinese mining is banned you might be in for a discounted s9 and a profit bonanza if they all disappear.
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it must be a lot of work staying on top of all those coins so it's hard to blame them for not wanting to add every random piece of crap.
lots of coins have gone from nothing to a ton of volume in a very small amount of time though. and if someone was applying on behalf of their pet coin they bump the volume by buying and selling to themselves.
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blockchain.info didn't introduce seed based accounts until early 2016 i think so it'll be an old school private key account.
you'll need to open the blockchain.info account, which must be a separate one, send it out and then retrieve the private key. use a qr code generator to turn the private key into a qr code and then sweep it into the coinomi wallet.
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newbies can't post images until they've upgraded to member. it's an anti spam measure as there was a crazy poster who posted huge images with new accounts that were constantly getting shut down.
you can either wait until your account is upgraded, or you can get a more senior member to quote your post and all the images will show up.
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there are scammers who'll change one character in an established member's username, and depending on the character it's undetectable unless you look very, very closely.
this warning was added last year i think as there were quite a few instances in coin auctions and stuff where people were being fooled in pms requesting sending addresses.
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I haven't looked much into tether, but I've read that it is "verifiablely" backed by $1 cash per each tether issued. I'm not sure how such a thing is proven, though, even the reports I've read say the accounting is certified, but I'm not sure I entirely trust that. I've read that Tether is supposed to move to an ERC20 token at some point, as well, not that it changes my opinion for the better or worse ... just a side note. It does seem to be the most stable coin through recent declines, though.
There is also DigixDOA, which is supposedly backed by 1 gram of gold per Digix, but that hasn't handled the recent down turns with the stability I'd expect from an asset that is backed by gold. Unfortunately, I think those may be your only options if you want to keep your money in the cyrpto world during a crash. Hopefully well get more options.
Nothing is proven or guaranteed with tether. Maybe they'll come up with some evidence but until then you're having to trust bitfinex who do not deserve any trust. And why would anyone choose another crappy coin no one's heard of with alleged backing? As a true safe haven no crypto cuts it. End of. |
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I don't think the chinese really care what the rest of the world gets up to.
They want to isolate their people, not get ijvolved with everyone else.
If the chinese government did try to 51% then it's pretty much the only thing the rest of the bitcoiners could unite on. Theyd be attacking nothing pretty rapidly.
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forget tether, forget eth, forget all of it. go straight to the real fiat currency in your local exchange. anything else is fooling yourself if you're getting crypto nervous.
it makes me laugh my ass off when people choose some other random alt thinking it's a safe haven. it's all ridiculously pumped and everyone holding it would dump on you in a second if they got twitchy.
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if there's land then that means someone has jurisdiction over it. what are they gonna do? tell the local maniacs that they don't like their taxes and laws so please go away?
there's a reason seasteading is growing as an idea. that's the only way the normal crap from governments can be truly left behind. even then i'll wait to see that autonomy being put to the test before deciding it's great. anything at sea has to nominate a national jurisdiction too.
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japan are gonna have to do something regulation wise about icos. they've permitted regular cryptos but this is a whole different ball game.
it would be stupid of them to regulate bitcoin and permit icos to run riot.
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no. they're all trained the same. and none of them are much use.
i've never been cured of a single thing by a doctor. the medical trade looks pretty useless where i'm sat. i guess in theory women are less egotistical and dismissive than men but that still doesn't deal with my problems.
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It's only holding on airdrop, and if they a finished, without new bots and huge work this project die. I believed in it and invest a lot of money when price was about 0.20BTC/GByte.  are you not paying attention to all the interesting stuff developing? sure, the price is a disappointment for anyone who got in but stuff like the work with merchants and the increasing number of options in the wallet is very cool. hold tight and you will be rewarded eventually. |
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i think bitcoin holders have had their chance. it's been several months. between now and november ramp up the awareness that they can claim and then shut the door after that.
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Your game theory is shit.
i've never met anyone who could tell me what a game theory was. it's usually used by assholes to look complex and clever. they don't know either. |
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none.
people are getting way too comfortable these days and memories are insanely short.
less than six months ago ethereum was under $10.
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Very worried, this should not happen.
TPB should provide users with specific information to let users know.
this is a crime, maybe TPB does this to add a large operating costs.
i find it kind of hard to sympathise with anyone who gets their ass felt by visiting the piratebay. in case you hadn't noticed people going there are breaking a few laws themselves. |
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Chinese citizens are not legally allowed to join the "sale". I guess a British (or anyone not Chinese, American, or Singaporean) in China (or anywhere) can legally join.
guess so. there's nowhere else in the world with a direct ico ban for now. even if i was foreign in china i wouldn't bother. accessing any type of market is about to get a whole lot harder. |
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