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4321  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: December 24, 2016, 08:53:39 PM
Nowhere has become the best place to invest bitcoin... Spending bitcoins somewhere as an investment has become extremely risky and you can end up losing your precious bitcoins. Make sure you don't invest it into some HYIP/Ponzi scheme websites or even the the ones offering you cloud mining. You'll end up with a loss. Trading bitcoin for altcoins has been extremely dangerous as well, due to constant increase in bitcoin's value.
4322  Alternate cryptocurrencies / Mining (Altcoins) / Re: Looking like the ZEC party is over on: December 24, 2016, 07:43:27 PM
ZEC value has risen almost 50% in the past 24 hours, see, someone is definitely backing it up, and it is most likely the founder burning some of his big 20% founder's fee.

Good for us anyways, I mean, the miners.

until now, zcash is swing back to go up in poloniex market and ready to go up, i hope its a good news for us as i have zcash in my wallet and ready to sell it  Grin but i wonder, can zcash go up until 0.1 btc in new year?


look at these ratios

http://coinmarketcap.com/


 gear mining btc    2,380,716,564 GH/s that is 183,000 s9's and that is 274,500,000 usd  plus psu's

cap is 14,582,607,308 usd so 18.82%

gear mining eth

5976 gh  that is 200,000 rx 480's and that is 42,000,000 usd


cap is 631,622,906 usd    so 6.65%  




gear mining zec  

55 mh  is 275,000 rx 480s say  57,750,000 usd

cap is 15,392,931 usd   so 375.17%


So gear value to cap value ratios

BTC    18.82%
ETH      6.65%
ZEC  375.17%

DO THESE HAVE MEANING?

if they do  zec    will soar in value

or  BTC and ETH will crash in value.

LOOK AT THIS LIST:

cpu
AMD
INTEL

gpus
GIGABYTE
MSI
ASUS
SAPPHIRE
XFX
VISIONTEK
POWERCOLOR


psus
CORSAIR
EVGA
SEASONIC
COOLER MASTER
ROSEWILL
THERMALTAKE
SILVERSTONE
ANTEC

mobos
ASUS
GIGABYTE
MSI
ASROCK
EVGA
SUPERMICRO
FOXCONN

ram
G.SKILL
CORSAIR
CRUCIAL
HYPERX
GEIL

ssds
SAMSUNG
CRUCIAL
INTEL
SANDISK
ADATA
OCZ


hdds
WESTERN DIGITAL
SEAGATE
HGST
TOSHIBA

pcs
DELL
LENOVO
HP

switches
Dlink
Trendnet
Netgear
TP-Link


all of the above companies have skin in the game.  they all can send money in on zec at exchanges as advertising expense.

I own

35 gpus
12 mobos
12 cpus
12 psus
3 switches
12 ssds and or hdds
16 sticks of ram

why is that zec is at a good price that owning all of the above makes sense.

and with the market cap at only 15 million  this should last for a while.

Yup, that can be a case too. Even if only one of those big companies want to pump ZEC, they can do it with ease. It seems like we are going to get time-to-time pumps to ZEC.
4323  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 24, 2016, 06:50:32 PM
Xmas correction to 860$ and then rocket goes to moon?
Is not even $860. It was $800 and now the price it going $900 cos the current price is $899. Rocket does go to the moon Smiley

I hope it comes back to $800 for some time, I'm prepared to purchase more of bitcoins for $800, but not for more than that. Roll Eyes

Bitcoin is sustaining the price of $899-$900 today by the way.
4324  Alternate cryptocurrencies / Mining (Altcoins) / Re: Performance rx 480 4go? on: December 24, 2016, 06:33:11 PM
Go for XFX version.

With my XFX RX 480 4 GB's, I'm getting these hash rates from each after a bit of under-volting:

-27 Mh/s with Claymore Ethereum miner
-225 Sol/s with Claymore Zcash miner
4325  Alternate cryptocurrencies / Mining (Altcoins) / Re: Looking like the ZEC party is over on: December 23, 2016, 01:08:24 PM
ZEC value has risen almost 50% in the past 24 hours, see, someone is definitely backing it up, and it is most likely the founder burning some of his big 20% founder's fee.

Good for us anyways, I mean, the miners.
4326  Economy / Trading Discussion / Re: I quit trading on: December 22, 2016, 05:59:08 PM
If you're a starter in trading, at a few points, you may start thinking to quit... That's just inexperience, trading cannot just provide you profit from start, it takes time to understand trading.

4327  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Zcash 10$ +/- on: December 22, 2016, 05:48:59 PM
Founders start burning that 20!  Or Zcash will go down whit your GREED!


Founder Zcash eating 20% Founder fee, small guy is a Zcash miner.

Great post... And now it seems like ZEC founder is actually burning some of that, recent increase in it's value is the proof of it. Let's just hope that the owner cares about Zcash as much as we do, otherwise it'd be similar to that of other dead altcoins.

If you believe in ZCash technology , ZClassic is a great alternative , in sync & good community & 0 taxes or fee's no premine & ico.

Well that no pre-mine thing in ZClassic seems pretty interesting, people might start preferring ZCL on ZEC pretty soon if the founder doesn't give out his big fee.

Anyways, I'm planning on getting a few of ZCL... Things may turn out in future.
4328  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Zcash 10$ +/- on: December 22, 2016, 04:40:46 PM
Founders start burning that 20!  Or Zcash will go down whit your GREED!


Founder Zcash eating 20% Founder fee, small guy is a Zcash miner.

Great post... And now it seems like ZEC founder is actually burning some of that, recent increase in it's value is the proof of it. Let's just hope that the owner cares about Zcash as much as we do, otherwise it'd be similar to that of other dead altcoins.
4329  Alternate cryptocurrencies / Mining (Altcoins) / Re: Looking like the ZEC party is over on: December 22, 2016, 11:19:24 AM
It seems to me like... there are big whales behind ZEC, just like Ethereum. They are not letting this party get finished, and constant time-to-time pumping is providing some relaxation to the miners, good for us though.
4330  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2016, 11:02:05 AM
Bitcoin is definitely going crazy, I sold few of my bitcoins last night which I use for trading, thinking that I will buy some cheap tomorrow morning, but it seems like it has continued its bounce. Roll Eyes

I don't want bitcoin to bounce when I'm low at it!
4331  Alternate cryptocurrencies / Mining (Altcoins) / Re: Is gpu mining dead? on: December 21, 2016, 09:23:12 PM
ive been mining on and off for the last few years
the thing with gpu mining
sometimes you got to take the bad with the good
the key is patience
just when your thinking gpu mining  is dead
something else comes around the corner


+1... That's the reason why I don't sell off my GPU's and continue to buy more when I can. See, if you were wise enough, you could have made some nice earnings with 6 cards rig of RX 480's when ZEC was released. Who knows, maybe some similar situation with some new coin comes tomorrow.

BTW, it's still profitable if you're living at a place where electricity costs less than 15 cents per unit. I'm currently mining with electricity cost of around 14 cents, and I feel that it's very profitable as I'm getting coins + heat, which is a must in winters. I value that heat like of 9 cents worth.
4332  Alternate cryptocurrencies / Mining (Altcoins) / Re: My new ZEC + XMR+ ETH thread builds info links thoughts and photos. on: December 21, 2016, 09:07:32 PM
BTW, I moved all my rigs to selling hash at Nicehash Equihash/ZCASH and Cryptonite/XMR market to fully leverage the nice rise of BTC now at 809$. Poloniex and Shapeshift is taking too much from me over time - rather cut off all of that and go to Nicehash and get paid directly in BTC. It may work out to be the same but at least I get BTC upfront.

You're losing a considerable chunk of profit using nicehash. Mine directly to the exchange as exchanges pay network fees.



Well nicehash has the option to provide miners directly bitcoins instead of altcoin being mined, and with the current bitcoin price hike, who knows what'd be the value of bitcoin the next day.

Till this hike remains, I guess it isn't a bad idea to move to nicehash, specially if you lack time to exchange the altcoins on exchanges.
4333  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ETC] Ethereum Classic: Immutable Smart Contracts on: December 21, 2016, 09:02:45 PM
It would be great if ETC closed 2016 strong price wise in spite of Bitcoin bull run. Can't wait for it to break 0.002.

Not going to be that easy, I predicted the current price of ETC as the close price of the year in this same thread few weeks back, and it seems like ~$1.15 is the value which ETC is going to hold till at least the mid of January.

BTW, very recent bitcoin price hike is badly affecting the altcoins valuation, let's just hope that ETC resists strongly at the current rate versus bitcoin.
4334  Alternate cryptocurrencies / Mining (Altcoins) / Re: Claymore's CryptoNote GPU Miner v9.6 on: December 21, 2016, 08:57:20 PM
ah ok... sounds like default -h of 1024 is the way to go then.  and 735 for a modded 480 seems about right compared to the 690 i got from my modded 470... in the ballpark at least.  What I can't figure out is how 800 is possible on a 470 as Wolf mentioned in this or another thread.  But I dont remember seeing anyone else claiming anywhere close to that high so who knows.  Will be interesting to see what kind of bump the 4xx series gets from Claymore's next rev of this miner.  Unfortunately, I think it will be delayed a bit as he mentioned on the ZEC thread that he finally caved and will be doing a linux miner for ZEC after all. Not sure why the demand to ZEC miners is still so high given that both XMR and ETH are currently considerably more profitable to mine. I guess a lot of people still hoping ZEC prices will go through the roof.

@Claymore has never let us down. He has started working on Cryptnote miner improvement especially for newer RX cards. Hopefully he will be able to make some breakthrough. The lad has not yet once let the crypto miner community down. So just hang on.

I'm hoping for that too. Currently, mining XMR is pretty much useless with the RX series cards. As of now, ZEC and ETH/ETC are the only choices for the miners carrying only RX series cards.

I'm as of now getting 750 H/s with my XFX RX 480's through this miner.
4335  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: December 21, 2016, 08:53:35 PM
no, i don't think so, but i think it will "accompany" USD more like now, and it will become more and more popular
I also think so that bitcoin is not going to replace dollar , as dollar is one of the most stable and reference currency of the world, while bitcoin is comparatively newly generated currency therefore it is not so easy that bitcoin will replace USD so easily. But surely we can expect a big competition among these two.

I don't think that any competition even exists within these two. Bitcoin will continue to gain popularity among the users of Internet, and slowly, it is going to become the only currency which will be used "online", meaning no PayPal, no Payza and no stupid limitations. It is going to be a great asset for internet users, with very much freedom.
4336  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: ShapeShift.io - Instant Coin Exchange - No Account Needed on: December 20, 2016, 08:35:52 PM
the site is not processing transfers right now. BEWARE!

I can confirm that it's all working good for me, had an exchange few minutes back.

Probably its the best instant coin exchange website right now.
4337  Alternate cryptocurrencies / Mining (Altcoins) / Re: Claymore's ZCash AMD GPU Miner v9.2 on: December 20, 2016, 07:01:56 PM
Miner v9.2 gave me around 4.5% increase with my RX 480 8 GB's... Very well done once again, Claymore! I hope you wouldn't be caring about the people who are trying to ruin your developments.
4338  Economy / Trading Discussion / Re: Trading is unpredictable job. on: December 19, 2016, 08:12:35 PM
Trading crypto's is highly risky, you either get great profit or great loss, unlike other trading USD's and EUR's. If you get a pump to the altcoin you just bought, you'll feel very smart and pro in trading, and if the vice versa happens, you'll feel like a jerk.
4339  Economy / Gambling discussion / Re: Cricket match prediction discussions on: December 18, 2016, 08:18:27 PM
Its raining and the odds for pakistan to win the match dropped instantly from 20 to 13 and draw from 25 to 15 . I don't think this match is gonna end as draw but I wouldn't say Pakistan doesn't have a chance. If they play well at 3-3.5 runs per over without loosing wickets quickly they can still do it .
If the match are to continue the chances for Pakistan to win the match are slim as they tend to lose wickets in a pile and with Younis Khan not in good form and with the help of rain it is a possibility to save the match and go for a draw rather than a win as they still need 359 runs .If Pakistan could chase this score they would be breaking some records on the way which i don't expect. Smiley
Pakistan needs 108 runs to win but have just 2 wickets remaining. Asad Shafiq scored a 100 and is pivotal on the things to happen next. If he manages to score another 30-40 odd runs without wickets falling. Then Pakistan will have a decent chance to win the match. It is a lil unlikely that Yasir Shah will stick around for long with the average of 11 runs/inning.

Pakistan scored almost 400 in second innings, never-mind but that's already a win for them. They clearly gave the message to Aussies that they can give them tough time in upcoming matches.

This match is not in Pakistan's hand, but looking at the second innings, it still should be considered a win for them. Very well batted, but captain Misbah surely played disappointed. He should learn sometime from Amir/Wahab.
4340  Economy / Gambling discussion / Re: Cricket match prediction discussions on: December 16, 2016, 10:41:15 AM
Pakistan are fighting back against Australia taking 2 quick wickets early on and they got the danger man out in Smith for 130 runs however they need to get Handscomb who looks set at the crease on 85 not out at the moment. Australia are still in a strong position at 5/339 but if Pakistan can restrict Australia to under 450 runs then they might give them self's a chance in this test match but they must play well and hold onto their catches.
Pakistan managed to restrict Australia to under 450 - Australia made 429 in their first innings. Given Australia's start, Pakistan would be happy with this score. Wahab Riaz and Mohammed Amir took 4 wickets each.
Now it is up to the Pakistani batsmen. They have lost 1 quick wicket, but they need to bat strong to deny Australia the advantage. I think Australia are still in the driver's seat in this match.
Australia is completely in control in this match I am sure Pakistan is going to lost by 1 inning because all batsmen fail to produce any resistance against Australian Average bowling line up which thrashed by South African after watching this batting from Pakistan I am sure Australian going to win this series by 3 - 0

Well... Amir and Sarfaraz did good at the last, but I guess that doesn't provide them any chance of winning for sure, but at least if they can keep up like that (very much impossible) and a rain covers one day out of five, there might be a chance for a draw for Pakistan.
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