What is this GN Gold for? What is the mining algorithm and where are the pools?
Did a bit of searching and it seems GN Gold is a part of the cryptocurrency MobileGO, and it's apparently only mineable through an application built into another app designed for MobileGO called GShare, and the GN Gold can be used for in-app transactions. I don't quite understand all of it yet, but there's some information on GN Gold in this Bitcointalk thread.
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Nobody can tell where the bottom is for certain, but there are innumerable things you can start doing right now. If you have already bought coins at a higher price, dollar cost averaging is a strategy you can use for accumulating coins and thus lowering the average price of the coins you have bought so far, and you can start right now if you wish. TA can sometimes be helpful in trading, but it's still an imprecise art, even in good market conditions.
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Here's the basic information that Bitmain has on the S11 and DR5 miners. Couldn't quite copy-paste information, so I have formatted the basic information myself. Click the miner names for a direct link to the Bitmain listing for each miner. Interestingly enough the S11 features a low- and normal-power mode. S11 (click here for Bitmain link)Low Power16-17TH/s 1024-1120W, 220v Normal Power20.5TH/s 1435W, 220v DR5 (click here for Bitmain link)34TH/s ± 5% 1800W ±7%
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Quick deposits and withdrawals are one of the main reasons why people use crypto casinos besides anonymity, and playing at a casino with delayed deposit and withdrawals defeats the entire purpose of using any online casino. If you do enough research on an online casino, though, most of the time you'll be able to identify issues like these relatively easy as most people are pretty vocal about things like delays. Ever since I gambled at cryptocurrency casino's that offered instant withdraws, I haven't used any other online casino that imposes 'reviews' on payouts. I'm wondering if other people still play at online casinos where they have to wait for days before their withdraw is processed.
Why would you even play at such a casino? They usually even encourage you to cancel your withdraw, to keep you playing. Seems somewhat manipulative to me... Why would anyone support that?
I never knew that there are online casinos that gives out winning delayed. I thought everything online is instant, that is why most gamblers prefer gambling online than in real life. That's also one of the main reasons why online casinos are famous. The casinos that impose withdrawal reviews are usually pretty small nowadays and you won't find many of them as people tend to gravitate towards casinos with quicker transaction speeds. Most of them have gone out of business or aren't too popular.
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One quote I found from a Reddit thread about the site (likely made by OP) even showed that the site apparently quoted 10-15% returns weekly. In the future, recognize that any service of any sort that promises returns is not legit in crypto. This site's down (hopefully for good), but most crypto-based scams have at least a few things in common.
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As others have suggested to already, the better choice is what you're better at yourself; short-term trading or trading for the longer term. The only way you can find out if you don't already know is to try trading for a while and finding what you're best at. Knowing yourself and what you're capable of is important for many activities in life, and trading's no different.
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Bitblender (informational link, real site is an Onion site) is a good mixer that I've used in the past, and it worked well for my purposes- anonymous blending, with plenty of additional features like delays that I know some people like to use. Here's the thread (click here) for the site. Be sure to only use the .onion site link ( http://bitblendervrfkzr.onion/), as all other domains claiming to be Bitblender are illegitimate. There's plenty of phishing sites for every single blender out there on the web, so always check to make sure you're going to the right domain. I occasionally see people complaining that their coins were never mixed and actually stolen in this subforum, and this is usually a result of someone going to a phishing site. Coinmixer shut down a while back, and you definitely stumbled upon a site pretending to be Coinmixer. The actual URL "coinmixer.se" redirects to the thread I just linked currently.
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There definitely are people offering campaign management for extremely cheap or free in the Services section- you'll just have to dig a bit deep. Most people aren't willing to manage large campaigns for free or cheap as proper management can be a bit of a time-consuming activity depending on how many people are in a campaign, and most people who offer their services for cheap are usually members who aren't extremely reputable, but there are people who offer campaign management services cheaply out there.
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Past performance doesn't guarantee future results is the motto of many trading websites like eToro etc. I can put that motto to good use here and this time I can say that mining will continue for many persons even if bitcoin price go back to just 1 dollar, while many will leave losing trust. There are no third type of persons in the crypto world, you either believe in the future of bitcoin or you don't, 3000 dollars doesn't mean anything.
I was offered 8 Rx 580 in a local shop here in which they all had blue screen of death during gaming, but no problems during mining, after testing for 2 days, I bought them all for 640 Euros and it is almost as it is 100 dollars for a piece. They are going well in mining, and I am mining at a loss because of high electricity cost but I do this because I believe in the future of bitcoin.
How can you support the future of Bitcoin if you're mining alts with GPUs, and also at a loss (I assume you're exchanging alts to BTC)? €80 per card isn't a bad price for 580s, but flipping the cards for some profit and putting the money directly into BTC or even directly buying BTC could've been a better option than mining at a loss, unless you're also utilizing the heat from the cards and thus offsetting some of the electrical usage. I know some people don't want to go through the hassle of KYC and all, but you're still acquiring coins for cheaper than mining at a loss by buying coins through an exchange.
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One thing that comes to mind for me is likely signature campaigns. The number of signature campaigns that were going during the peak of the cryptocurrency craze last year was exceptionally high, and things have mostly settled down to the point that only well-established services are still keeping their signature campaigns open, as I expect revenue for most crypto-based services has gone down quite a bit since then and it's not worth still paying people to post with decreased revenue.
I think gambling will continue to do okay through the upcoming nuclear winter. Many people still do value their privacy, and cryptocurrency allows people to quickly gamble anonymously and relatively rapidly. I don't see many casinos going under in the near future as I recall many casinos like Fortunejack were still operating in the period of price stagnation from 2014 to about 2016, but I can't see the revenue for a cryptocurrency casino going up anytime soon with the markets where they are currently.
Cloudmining services will likely begin to go belly up very quickly with mining revenue dropping massively, even though the difficulty on coins like BTC is dropping pretty heavily as of lately. We've already seen several services cancel contracts due to negative profitability recently, and if prices don't recover, I don't forsee many cloudmining services surviving. Not a bad thing IMO, as I personally oppose cloudmining services as a whole.
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Note that miner import fees still exist for miners if you're importing miners from Bitmain (or any company shipping from China) to the United States, and that fee is currently set at 25% plus 2.6% which comes to a total of 27.6% for those trying to get miners in the US. This is something you need to add into any potential calculations of break-even time if you live in the US, and it's making mining via ASICs a bit less attractive here. There's a discussion about this in the BTC Mining section (click to go the thread) if you're looking for more info for this. Shouldn't be an issue for people living elsewhere, but I know there are some people out there that are unaware that there are tariffs affecting ASICs from China as well.
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The fact that the site's available in both English and Korean is weird, and the exchange claims to be based in Seychelles (while the whois information is hidden). Many crypto sites nowadays have hidden whois information, but having hidden information and odd contact information along with the fact that this site was made sometime in 2018 makes this pretty fishy to me. I truly doubt anything's going to surpass Binance in the near future anyways or even have exchange volume near it, as Binance doesn't require KYC for most people and has such a large current userbase that's also growing extremely rapidly.
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I personally wouldn't trust any exchange with my money unless the exchange happens to be well-established and has good, legitimate reviews from a good number of people- this exchange doesn't seem to have either of these things. I would stay away from this and use other exchanges like Binance if possible. Many scam sites link addresses that they claim to be based out of, but some are actually just apartments and libraries that were likely randomly chosen to be put on the site. Google Maps doesn't have streetview for Cyprus, which is where the address for this exchange is said to be, however. Below are their contact details I found at the very bottom of the site if you want to do some more digging: CONTACT US 45 Costa Anaxagora Street, Nicosia, CY2014, Cyprus Phone. Tel. Mobile.+44 203 322 2252 +357 22 000959 +1-917-727-1962CONTACT INFOinfo@bitgoldenfx.com helpdesk@bitgoldenfx.com
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You get the six hashing algorithms (X11, X13, X14, X15, Quark, Qubit) that came with the miner and nothing more. If you're not making any money from the miner anymore due to electrical costs, I highly suggest selling the miner while you can if you're trying to get the most money out of it. A calculator like one from AsicMinerValue should help you raise profitability as much as possible on the machine if you're trying to find the most profitable current algorithm on the miner.
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Don't always take the advice of other people to sell and buy and make your own decisions about the market and whether you're going to accumulate coins or sell them. During bull markets, people will tell others to buy and during bear markets, people tell others to sell and are generally negative about pricing. Remove emotions from the picture and trade with a plan, with the experience you have, and you may very well do well in any market, bear or bull.
You also don't need to be constantly trading. If you don't feel comfortable with market conditions, don't trade! Stick to what you know, and you'll be okay.
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I seldom find instant deposits anywhere in crypto nowadays with the problem of double spending looming over every transaction that is accepted without at least the three confirmations that most services set as a minimum. That being said, there are a few casinos that do allow for instant deposit like Cloudbet (click here). The vast majority of casinos will allow you to start gambling with three transactions, and if you put on a sufficiently large fee, your transaction will go through quickly. A fee estimator like Earn.com's estimator will help you set the best fee for your deposits.
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Yup, HODLing has some risk but it's generally less than trying to trade if you're inexperienced at trading, though this varies from person to person. Bitcoin could completely die off and never recover to whenever you bought in, and you'd never make any profit (however unlikely this is). At the end of the day, most trading strategies work out if they're executed correctly and there's a planned exit and entry point for each trade you make. Don't be greedy and try to do things as you previously planned as much as possible (though there are exceptions, of course), and you'll be just fine, whatever you're doing.
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I don't really like emoji's in chatrooms, it makes them very messy and usually some annoyed user will always post a bunch of emoji's in a row for fun and cause annoyance.
What should be used instead of emoji's is maybe special character instead like a ASCII heart or BTC symbol.
Since this is for a casino, you can add the tip feature that some sites have. It will allow a lucky high roller winner to give out a certain portion of their winnings to other people in the trollbox who are present.
Moderation can always make up for spam, and having something basic like the emotes we have on Bitcointalk could be a sort of compromise. Most casinos with chatboxes and chatrooms already have decent moderation, so spam shouldn't be an issue, and you can also always add a filter so people can't post more than a few emojis in a row. Chatboxes/rooms for different languages should be another option you consider adding. Having multiple different languages in one room isn't ideal, but having only English allowed cuts down on moderation costs as you'll need moderators that speak different languages then.
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You could try making a WTB post for whatever you’re looking for in the Goods section of this forum, or try to look for a reshipping/freight forwarding service to Syria and order things from outside. I know reshipping is a bit expensive to some countries in your region for various reasons, but a site like ShipW should give you an estimate of how much a package might cost to reshipping to you based on weight and size, and then it’ll be possible for you to order items from Amazon with crypto from a site like Purse.io and send it to an address the reshipping site gives you, and you’ll be able to get your item once they ship the item to you from there. A bit complex, but this should work.
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The ANN thread's here (click here) for Imagecoin, which I assume you're referring to, and the thread shows that the coin is an X11 coin, so I assume you should be able to mine the coin- I would try to locate a pool for the coin, mine for a few minutes, and see if your miner and its shares show up on the main page of the pool you're using for Imagecoin. There are some pools linked at the bottom of the first post of the ANN thread I linked at the top of my post that you can try out.
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