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Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH: Deep crash before going to the moon?
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on: December 20, 2018, 12:20:48 AM
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I feel that the bad time for this market is over now and a new wave of buying will come in this market and we will see ETH go much faster than other coins because its drop was very big.
Check and compare the graphs of the cryptocurrencies published in CoinMarketCap site. You will see that Ethereum is not the biggest loser. Many other altcoins managed to lose much more. Bitcoin Cash lost more than ETH in the last month. But it also come back more in the last few days. |
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Economy / Speculation / Re: Bitcoin price Manipulation, the impact of Bitcoin SV.
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on: December 09, 2018, 12:24:12 PM
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I wouldn't mind if that split just spells the end for both of them. That whole BCH community is so toxic. Pretending like BCH is Bitcoin and whatnot. Even the BCH developer who recently wrote an article about how BCH devs screwed their blockchain with bad choices in the wake of the split pretended that BSV is Bitcoin. I have a few BCH but I wouldn't mind losing that money and seeing both BCH offshoots shrink to nothing - and seeing that charlatan Ver lose much of his crypto riches would be hilarious, dude is a plague on the crypto space.
Only Craig Wright and Kevin Ayre said BSV is Bitcoin. Most of us do not agree. |
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Alternate cryptocurrencies / Mining (Altcoins) / Re: 8th Alt coin thread. Or what to do now that asics are all over the place.
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on: November 25, 2018, 11:29:50 AM
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purchased a little btc today not much
Yes it's a great price to buy some BTC, even if it turns out not to be the bottom. It has reached the point where I've shut down most of my rigs and will just buy certain coins with fiat because the prices right now are at a bargain compared to beginning of 2017. I know some prefer mining because they got low electricity rates and it seems like a safer alternative than buying the coins outright but you need to understand that what-if next month the coins all start to rally. Then the difficulty will go back up again because everybody will turn on their rigs and you will miss out on acquiring a fair amount of coins. I've actually never thought we would see the day of ETH at pretty much $100 a coin again. Took me basically forever to mine an ETH with my current rigs, rather just sell 1 GPU and buy 1 ETH. I grabbed .15 btc and have more cash set aside if we go under 4000 Looks like we both bought in a little too early. Really surprised at the speed of this decline without a decent bounce even. I assumed we would at least test $5000 or the old yearly low at $5800 but it goes down, trades sideways for a bit and continues going lower. ETH might break $100 in the next few hours even. Is the drop due to the saying by Calvin Ayre that they will give up on the Bitcoin Cash, and concentrate on the Bitcoin version of the Satoshi Vision? So he will wage a war against Bitcoin instead of Bitcoin Cash? That could damage more to the bitcoin itself. |
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Alternate cryptocurrencies / Mining (Altcoins) / Re: 8th Alt coin thread. Or what to do now that asics are all over the place.
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on: November 10, 2018, 03:28:04 PM
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Don't think it would make the coin completely ASIC resistant. Remember dark-coin with its X11 algo? In 2014 everybody assumed that an ASIC could never be designed for X11 because it has 11 different algo combined into one.
If they wrote 24 different algos and changed them every 10 days, then they would just design a similiar ASIC which can switch algos when the switch happens. Most likely they won't do it due to the small miner reward but if it was a coin like ETH or BCH that switched to this algo then you would see there would be ASICs being designed for this.
I agree. The PoW has to evolve so that it is ASIC resistant. If it is fixed, no matter how many, ASIC can be built for it. |
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Alternate cryptocurrencies / Mining (Altcoins) / Windows 10 and AMD adrenalin 18.5.1
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on: October 24, 2018, 09:15:43 AM
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I have upgraded to the latest Windows 10 from Windows 8.1 and installed the adrenalin 18.5.1. However, in the Global setting of the AMD setting panel, I cannot find the graphics workload panel. Any reason for that? So I cannot switch to compute mode.
Shall I have a clean install of the Windows 10?
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Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining Unprofitable - What next?
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on: August 16, 2018, 11:37:11 PM
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There are over supply of GTX Cards in the market. I highly suggest to sell it the lowest price possible(Competition Wise). Because you'll never knew the next day, the price you're trying to sell it, looks over price to others. I'm one of GTX 1070 holder here that has been selling it for month. No luck at all.
I will keep my cards as there could be a sudden rise of mining profit if the market turns. |
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Alternate cryptocurrencies / Mining (Altcoins) / Re: Good time to buy GPUs?
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on: August 01, 2018, 08:21:06 AM
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I stays as I do since 1.5 years. Cant decide to buy GPUs. Dont know really, ROI is too high for a long time.When I bought my 1070s, ETH roi was 5-6 months(electriticy except). Now, terrible times.
When I bought GPU for mining, the ROI was about the 6-9 months. Then the coins price rose a lot, the ROI became 3 months. |
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Alternate cryptocurrencies / Mining (Altcoins) / Re: Good time to buy GPUs?
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on: July 22, 2018, 10:57:20 PM
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Well, when you can get a good deal on GPU then I'd say go for it. I have seen GPUs being sold here at a really great price, tbh the price has been so low that you could make some easy money reselling it later  . I see a point in mining if your electricity is really cheap or even free. I think it mainly depends on the electricity price. If it is low, buy some GPU. |
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Bitcoin / Press / Re: [2018-06-06] Vietnam Proposes Import Ban on Bitcoin Mining Equipment
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on: June 08, 2018, 09:57:20 PM
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At present, they have not banned the import of diggers into the country and it is possible to increase the price of electricity for digging farms.
They do not prohibit bitcoins and other types of altcoin but do not recognize them, they prohibit the use of bitcoin as a means of payment.
For example, if you buy a house where you use bitcoin to pay, it is illegal to use vnd to pay
Is it better to trade than mining in that country? |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: How do I find the next big thing like Bitcoin?
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on: May 24, 2018, 04:39:43 PM
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Hello guys can we please share some strategy on how to dictect some big trending coin early just like discovering bitcoin in 2014!!!
It's very simple to say but very hard to do. The answer to your question is by research. But just like bitcoin, you should accept first that you need to wait for a few years to see it's full potential and not only by months. Nowadays a lot of coins even if you check in coinmarketcap the top coins is in the list. Yes it is hard to catch the coin to be the next big thing so as to be very simple we should search on your preferred coins that are worth it. So always search on the development and follow the project to be aware of. It is quite difficult to find the good coins. So it is better to get the top 10 mineable coins. |
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Alternate cryptocurrencies / Mining (Altcoins) / Re: who bought bitmain Z9 will face a big issues now
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on: May 15, 2018, 04:45:45 PM
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what if an algo or new stuff (whatever it may be called) is created that it hashes by rendering-> the kind of work where GPUs excel over ASICs and FPGAs...
Rendering is really not that much different from hashing different algos. Even if there was a similiar algo like that, it would still be possible to create an ASIC. After Sha256 got ASICs, Scrypt was created by the Litecoin dev as a way to keep it GPU mineable only. I think it was more intensive than Sha256 but a few years later ASICs came out for that too. Same with Dashcoin which was based on the X11 algo which was also suppose to be ASIC resistant. So Equihash and DaggerHash are no different. The only difference is that the DaggerHash is more GPU resistant. |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: How do I find the next big thing like Bitcoin?
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on: April 13, 2018, 06:45:20 PM
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Trends and the tech behind the coin. I dont know the next bitcoin, but I already know the next Ethereum. Look into Ardor. It already has a true and proper working product not just a promise. It basically does everything Ethereum does but better with more advanced tech. Going to be huge and thats where I keep most of my investment.
It is very possible that today's Bitcoin Cash is like 2 years ago's Bitcoin. So you can buy some if you think it has potential. |
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