Hi Everyone, I am planning to buy a second hand desktop as my first mining rig. The one available at this point is a Dell Precision T3500 workstation. I am no tech savvy. These are my questions? 1. What GPU should I buy as an upgrade for this desktop model? 2. What is the next important part that I need to upgrade? 3. Do you think that I will be able to make a decent mining using this setup? (with upgraded GPUs)  Specsheet link for the Dell Precision T3500 workstation. http://www.dell.com/downloads/global/products/precn/en/dell_precision_t3500_specsheet.pdfGo with the standard i3 processor and 8 GB ram should be in your computer. This is enough to mine coins like ethereum, zcash or neo. check with the radeon 470i graphics cards to upgrade in your computer. With the PCI riser you can cannot upto 6 graphics cards. Initially do not go to mine the bitcoin, you can mine altcoins best in the market. There are mining calculator available in the market, please use the crypto compare to check the profit you can with the electricity details. |
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You're looking at it from a bit of a skewed perspective if I'm being honest.
Apple and Microsoft may sell deteriorating products but both changed the computing industry in as much that Satoshi did the financial systems.
Of course the scale of the two isn't comparable but then again you're not comparing apples to apples (pun intended) but rather apples to oranges.
Now satoshi's invention comes inside the Apple and Microsoft. They have already added cart API in their site buy a software or product key in Microsoft. Apple also done the same to buy a products with the bitcoin. Soon bitcoin will be taken the place of paypal and International money exchanges available in all over the world. If the salary has been provided with bitcoin. I would really like to get in bitcoin, does not worry about the fluctuations. |
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Up and up it goes.
I remember a very old thread that someone predicted this "A 10,000 Bitcoin". I used to actually laugh at the notion of that, and thought there was no way Bitcoin would ever go that high. Here we are, I realize its not 10,000 yet, but it doesn't look like it is showing signs of stopping or anything so who knows what it will be by the end of the year.
Now bitcoin again crossed op mentioned value. Value turns to 6629 US dollar in preev price chart. Really great to have the bitcoin as a savings part. There are many hold the bitcoin for long term I could say still do not sell your bitcoins. I am also in the process of saving bitcoin with the earning I am making via signature campaign. I think if price goes like this before this year ends bitcoin price will reached to 10k USD easily. |
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So bitcoin recently busted through the $6,000 mark once again. ( currently at $6,350 )
Do you think that it will continue to rise the way it has been the last few days or are we in for another market correction/dip in the oncoming week?
Let me know your thoughts!
Price wise we cannot confirm say that time amount will retain for the long period even last time bitcoin stands on the very short stablity in the price chart. I would like to see the bitcoin price is above 7k usd in this year end. I do not think there is any more coin is gonna splitted out again in this year. There are many expecting adoption in future days. We will find any amount in the future. |
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I want to open a business in 2017 because I see the development of bitcoin is now very good and I also want to use it, what kind of business is right for me run?
Please give me input so i can develop it with bitcoin
As most of friends in this forum said, it is up to you. We can't know the business that you are interested in. Perceiving the rise of bitcoin is good for you. But it is starting yet. You should search about what you want to do. If you ask to me, you can buy something which is absent in your city, you may sell it to people around you. I know it is a little business. Just for starting to invest. I suggest to build an offline business. well, by selling the bitcoin you have, you can get a lot of money for it. building a store, or anything like that, is a very promising business for now. You can invest the amount you earned in bitcoin but set up bitcoin based offline company or store is impossible to with that. If any one buy the things and want to make the payment in bitcoin means you should have the bitcoin payment wallet to your store but consumer will not stand in your store itself for the 30 minutes after their purchase. This is a real time issue in handling the bitcoin usages. |
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Idea is appealing but not much effective or high profitable because majority of the miners order locally to make their racks and frame or buy them.
The idea will be effective if your friend would able to make racks and frames having attractive architecture design than others.
Also I think the price is of utmost importance if he offers his products for an expensive price then no one is going to buy them also I think it could be a good idea to open the business in China instead that way you are not going to have to deal with exporting your product since most miners are there anyway. As of now Bitmain is the Chinese based mining supply company only. They are the manufacturer of the antminer series machines dude. Then what can do about Chinese ban. You can ignore that and go with the people who really sells the miner from china. I noticed in Ebay there are many resellers use to sell the miner ASIC with the high trust. Even they are faster than bitmain supply time. |
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People will say "it is not profitable", mostly because them got spoiled from the spring 2017 crypto boom and ROI that was in the matter of months. That being said, actual ROI these days is anywhere from 6-15 months (for the GPU rigs). This depends on what coins you mine and what you do with them. That is still one hell of an investment profit wise. Mine whatever coin gives best results depending on your hardware, dump these coins to btc when they reach nice to-btc-exchange-rate, sell btc once it reaches peaks = profit. Or you could hold the coins if you believe that their price will soar, however only the btc gives some (if any) assurance that it will keep raising in value.
actually for now indeed mining can be profitable and it is also detrimental, as indeed we have no sure thing to see cyrptocurrency where a much more give you an advantage or a guarantee of getting advantage. mining is indeed profitable, but if you don't have a good knowledge of then everything will certainly be detrimental. because mining is always concerned about the analysis, calculation, and innovation. Any bitcoin or other altcoin mining will be profitable. Profit is based on the amount you invested to buy the rig and cards you want to mine. Go with the radeon 470 or Nvidia 1070i 8 GB are best cards to mining ethereum, zcash, monero or neo. Hash rate producing by the cards will be confirm the amount you can mine. |
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Is there any way of betting on a price fall? I can't find any derivatives for that.
it is difficult to predicting when the price is fall but we can try by watching and analyze in the market because if the price is down sometime it will going down for more so we can make buy order. but for people which don't want to buy, they can prepare to sell their bitcoin if they are thinking that they don't make any profit at all and they can prepare to wait in lower price to buy again. i think in out there, many of the news will spread about bad news that will make people getting panic and they selling their bitcoin with fast, so be careful and make sure you can sell at the price you want. It is a kind of gambling right where the comes of harder prediction and other worries on betting. If you want to utilize the bitcoin higher you can buy the coins whenever it falls. In that scenario, bitcoin price falling also good for the investors who wish to invest on it. Don't consider the time when the bitcoin price falls down as the bad time. Still gives a profit after some months. |
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Does anyone know of retailers which sell goods/services for crypto only with no option of payment made in fiat? Could this represent a good business model for a small store with an online only presence? There must be some holding alts who are fustrated by the lack of options in terms items they can spend their coins on. While there are many options for bitcoin, for the most part alts are neglected and there isn't a huge market where they can be utilized without first having to convert to btc. Could support for ripple, eth, bcc, doge, ltc, dash and other alts be a good foundation upon which to build a small business? I would really appreciate if there is any in my locality but it's really difficult to get one. The only place I see it happening will be countries where the popularity of bitcoin has reached a point where entrepreneurs can have a move to establish their project and because of the popularity, there is hardly need to do much publicity as the market is already aware of bitcoin. Over here on the otherhand, the market is not there yet as the first few years will be about enlightening the entire populace and if the money is not coming in fast, business cash flows runs into problem, the end is in sight. But this is a fertile ground to be assessed because buying from abroad will make it more expensive. And that is where you should see business opportunities in your locality. You would have appreciated having something like that in your locality and then imagine the number of people in your locality that would have appreciated having something like that too. Why not start up something similar and then target your local area and see yourself earn a lot from there. Business oppurtunity with bitcoin cannot be find any location but the normal business can be done yourself or anyone. If you want to start your business in your location with you need to spread the bitcoin and its features to the people. Then you will be able to use the business as payment option, investment based business like trading or mining also possible. |
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Bitcoin can change the pace of your life. Change the speed of life by earning very much Bitcoin. Therefore, we have to acquire a better understanding of Bitcoin. All of us have to come forward to increase the demand for Bitcoin. Bitcoin will be introduced in all the countries.
It can be able to make the bitcoin earning in online but the you have to choose correct source for put investment or skill can be used in the right place. Else earning via bitcoin related business will not good way to make the money. If any country adopts the bitcoin, their right choice is the mining farm initialization to generate the bitcoin. |
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Hello community,
I have earned some Bitcoin in the past by selling some services and products. Currently I keep all my coins on Electrum Wallet.
However I would love to trade them, but I want to keep my anonymity. Basically I want to have them on some trade exchangers just for sell/buy when price goes up and down.
Any advice would be appreciated.
Also Any website I can use to trade anonymously.
Thank you very much!!!
Another way to buy Bitcoins anonymously with cash is to go to your nearest Bitcoin ATM and buy Bitcoins from the ATM using cash. Buying Bitcoins via an ATM is probably the best way to go about buying Bitcoins anonymously. But bitcoin ATM are not available in the many places. If we need to trade the bitcoin for cash you cannot be anonymous bro. I did not find enrolled myself in such site shows the anonymous way giving out the trade bitcoin for fiat cash. If you know any local trader means you can have trade each other without knowing to others. |
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No, it can't be hack nor altered or manipulated by someone. Bitcoin is really secured but still has some flaws. The only thing that can be easily hack is your wallet address if you are not careful.
What you are saying, online wallets are can be hacked and if you share your private key or wallet.dat file means your wallet will be able to hack by the hackers in the online. If you search your wallet login via Google result means also you will hacked. Please be careful about it. Saying be careful will not be good answer for the people asking query. |
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BTC price reach $ 6248  I know It's not unexpected. But History tells every High pick to bring a Big Drop. Everyone waiting for the drop. Looking for Some meaningful thought about Bitcoin Next 7 day's price. It will be very helpful for BTC Community. Even if the price does drop, that doesn’t take away from the extremely positive news of a new high price for Bitcoin today. The price can’t go up constantly without a drop. There are always fluctuations in the price of Bitcoin or any cryptocurrency. The main thing to focus on is that the overall trend is positive and I think that will continue. We’ll probably see the price hit $7000 before the year is over. If the value stable or dumps after some days we cannot change this day is the bitcoin price peak value. If the bitcoin value drops again also we should not sell our coins at the anytime. For long term results bitcoin value is obviously have a good growth in the difficulty and price chart. In this this year bitcoin value shows the enormous growth in the price graph. Please wait till this end to judge the value. |
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Witch one could be the best altoin for speculation based on daily trading?
for my major crypto ill go for NEO, ETH, XMR, OMG, ETC, ZEC, BCH, XRP You are on right point dude. You please use the bitrex or polenix to do the trading because these sites will be support the all the altcoins you mentioned for trading. You do any coin trading but you have to roll on the altcoins trading whenever the value fluctuates in the chart. When the coins dumps you please exchange the coins hyped so you will be able to make more money. |
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Altcoins can't die, it is just a necessary market correction that we are witnessing now, I this is necessary for normalcy to return to the space, even as we can see most ICOs are even having difficulties raising funds, which will definitely help investors from all these ridiculous valuations
Most altcoins will die for sure. In the real world around 90% of start ups fail. Crypto is no better. Dead coins might try to appear alive, but they will still be dead. Only 1-10% will survive in the long term and deliver on their promises. Altcoin values grows in the market whenever the ethereum value grows in the market. Investment is not moves up the failure It is moving down in the time ICO scam by the investors. Still there are many altcoins survives in the market place chart. Their adoption rate and usage increases like bitcoin. For example, we can see the Dash, LTC, Dodge, Ethereum and etc... |
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Everybody's regret with bitcoin is not having buying enough when they could afford it. If we all look behind and see the price increasing we'll see lots of entry points we could have joined and hodled. I always cry when I remember I could have bought 10 bitcoins for 500 usd 5 years ago but I did not believe it could possibly one day gets to 6k USD. Lessons learned, now I invested on BTC and I hope that one day it gets to 50k USD and I can remember 2012 like a bad experience which lead me to a good profit!
Even I bought and earned bitcoin more than 10 but I have sold all the bitcoins via localbitcoins whenever I need. Now I am really worry about the bitcoin price and feeling that why I have sold the bitcoins which I have. If I have the same bitcoins now, I could start any business with the same fund. I lost bitcoin hacked once I was using the blockchain wallet bro. |
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It isn't one at all - the money you make is based off products the company uses.
A ponzi means that there is no products being sold and it is all hype - this is definitely not the case.
So you have to show the value and income you got or reference that shows as the images or link to show the proof. whenever the newbies comes with the any project or services. You should show the reference about it first and have the trust from the people who have been used it to trust others as well. |
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Do you have to claim BTG by a date like Bitcore?
or
Is it like Bitcoin Cash ....it simply is in snapshot mode to convert if/when you wish to?
thanks
Dude I have around .5 bitcoin in my coinbase wallet and I received a mail from the coinbase team states that they will give a bitcoin gold for the same amount bitcoin in the wallet. So I should receive the .5 btg right! I do find the wallet for the btg option the wallet and option to check or something. Please let me what is the procedure to get the BTG from the Coinbase wallet. |
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Few days ago a friend asked me this questions. But i cannot understanding that how to i give him answer. At last i said him that, bitcoin is an online currency. Only this currency used in online marketplaces. It is not possible to use it in offline marketplace like offline currency.
But what is your best answer of this question?
We know that internet is most important element for bitcoin. Without internet, we can't think the process of bitcoin. It is an online based crypto currency. It is not designed for offline. For transaction and use it, internet connection is must be needed. Bitcoin is one of the digital currency. There is no way that you can use this kind of digital currency and that too without having an internet connection. You definitely need a good internet connection if you want to do anything related to bitcoin and all other coins present in the world of crypto currency. You cannot use any of the crypto currency like offline currency. It may be possible in the future needs if there is any adoption in the future by the finance corporates like Payapl or some others. You may find the offline option to receive the bitcoin via application to another mobile application. If someone create those kind of application. They will be honored in the forum by the concern project team. |
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both oni coins provide a huge and promising advantage, seen as eth raise the price up to 10 times and it is proven that constant price movements are only owned by bitcoin and ethereum, the easiest way to make a profit by trading on both of these coins, and for mining also this can be a way to overcome all kinds of constraints in financing
Two months back CoinDesk releases that ethereum growth is around 360 percentage growth in this year itself. So considering in supply and price difference according to growth wise altcoins shows enrmous output value for the each we saved in our wallet. These both coins can be used in trading. If you own multiple trading account in the bitcoin trading itself, you will be swap that one for ETH an one for bitcoin trading. Profit rate will increase for sure. |
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