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Well I use LocalBitcoins.com to buy/sell bitcoins, YoBit to very sometimes trade, Cryptonator to keep some of my bitcoins there which I can exchange easily with other crypto-currencies (although the additional crypto-currencies are very limited there), Cex.io to purchase or withdraw bitcoins through my MasterCard.
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Lol, WOW, dare to ask a few mild, relevant questions and get Ad Hominemed as a psycho by their Number One Shill! Way to go Zeta  By the way, you never thanked me for pointing out, last time you were raving about your ETH contract, how much MORE money you would have made if you just had bought the fucking coin, not given your money to Mr. Streng to mine it for you rip you off... Edit: Thank you for your message
I repeat my reasonable questions, and a couple more besides, addressed to Genesis Mining on their self moderated thread, on the largest Bitcoin forum there is (which they visited today), expecting a reasonable response from the self proclaimed, fully transparent, cloud mining industry leader 1) What is your total hashrate? 2) What pools do you mine with? 3) Do you also solo mine? 4) Why can't we see the address to which the new coins go? 5) What equipment do you use to mine Bitcoin? 6) How have your mining plans been affected by the failure of Spondoolies? 7) How do you propose moving forward with the conjunction of the halving and 14nm competition staring you in the face? Those are the questions most of which I've been asking on their website. All I receive mostly are lame answers. We do have the right to get answers to those questions as we're purchasing contacts there. |
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Golden rule of bitcoin - Only gain, gain & gain! Don't even think of selling before 2025. I know many people who sold bitcoins when it went down to ~$350 in the past few months who are now crying.
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BTC, bitcoins or bitcoin... It really doesn't matter. I personally use BTC or bitcoins. Just make sure that you use the points "." in the value correctly, and you're all good. People would definitely understand you.
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i personally using yobit wallet. i believe that it is a good and promament wallet. i dont know about other wallet because i have no experinence about them .
Mate, I hate to inform you but you have the worst possible bitcoin wallet. Withdraw your bitcoins to some other safer online wallet. I'd definitely suggest you and the OP to use Blockchain.info wallet. Enable each and every security option of your wallet if you really want your wallet to be safe. |
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Monero could be the next target of GPU miners, after ethereum. GPU miners may turn to Monero after the difficulty of ethereum goes out of control of graphic cards resulting in more expensive electric bills than the mined ethereum. That'd definitely boost the cost of this coin even more.
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Even bumping your head on the wall is better than Yobit's free coins clicking... That's the pathetic option of Yobit, probably they made it just to have a title tag of getting the free coins. Some clicks are worth like $0.000001, give me a break, isn't it the least amount of money on the whole Internet for a click?
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Hi Pakistan,
I would like to start btc mining here in Pakistan and i know its hard to do but i wanted to start this with someone as joint partner who have experience and knowledge.Electricity/power is not problem for me as i have 24hour free electricity in my place.
Looking for suggestions/help how to get started, which tools will required to startup but if someone can join me as partner will be welcome.
Cheers
So... you're having free electricity through some illegal method? As there's a big shortage in our country of electricity, I doubt that you're using any sort of legal method to consume that electricity of yours. Anyways, if you've no knowledge of mining, then GPU mining of ethereum might be very easy & profitable for you. Simply get a profitable GPU (which you can find in Mining Altcoins section) and place it in an average CPU. Then download a GUI ethereum mining software and start mining. |
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Use Cex.io. I've used them thrice, and every time got a great result. Successful purchase in a few seconds. All you'll have to do is to verify that the card belongs to you physically through their verification system, which they want the buyer to perform once only. Once you verify your account, you can always purchase or withdraw bitcoins instantly.
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Bitcoin changed off my whole e-lifestyle. Since I'm involved in GPT industry, blogging, web-development, web-designing, etc, bitcoin helped me to enjoy the keeping and receiving of funds without any fees and with a lot of anonymity. The days of PayPal, limiting my account, are long gone. The increase in bitcoin's value is a side-plus for me too.
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The upcoming bitcoin halving can't be compared with the previous bitcoin halving. Previously, people weren't aware of the halving nor there was a big amount of distributed bitcoins. The effects of the upcoming halving would be much more different.
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But Ethereum has been rising faster than bitcoin recently and is just better than bitcoin in every way. Why would you want to lose money by not buying ethereum?
Are you insane? Do you hate yourself? What is the reason?
Who told you that ethereum has been rising more faster than bitcoin? Mate, I follow CoinMarketCap.com, and look at the rise in value there, bitcoin's value is rising more faster than ethereum, and with more stability too. |
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It is better to wait after the consolidation, then the price could drop briefly, that is the time to buy some.
It is very difficult to say. But when the price drops below $11, I might buy some. It depends on the news at the time. I will set a limit order around $10. I think the developers still have some Etheruem themselves, they will keep it alive. The Ethereum price is $16.5 at the moment. It will have to drop 40% to reach the $10 level. Goood luck. The price reached $18.9 today. That is another all time high. I am wondering who is buying the Etheruem now. Rumour is that quietly the banks have been ordered to fill their books with ETH due to successful proto type of new financial blockchain running Ethereum. If that rumour is true, the price would have been $50 or $100, not just $18 now. But that is a good rumour any way. The key word in the rumour is 'quietly'. Large bulk orders would indeed spike the price but spike it even for the banks. Which, knowing banks and bankers, they don't want. Can't agree more. Buy bulks in discreet if that's what you are plannning to do. That way you won't alarm the big guys. I mine the Ethereum. So I shall not sell any Etheruem just in case the rumour is true and the price will rise a lot. It is better to sell some Ethereum to buy some bitcoin. Just in case the Ethereum will rise slower than bitcoin. +1... Look at the rise in value of ethereum, it is good, but still not better than bitcoin. I'm keeping 15% ethers, 5% monero, 5% lisk and 75% bitcoin, from my money. That's the best ratio to keep these four crypto-currencies, IMO. Rest of the crypto-currencies seem useless to me. |
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Hopefully, there won't be any panic selling. In that case, the price is definitely gonna decrease. That's the problem with the most people of the earth, when a crypto-currency's value falls a bit, they decide to sell it which causes a great decrease in price. But the chances of panic buying are more, in that case, we're gonna see another price pump of bitcoin!  |
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The websites like Genesis-Mining may be able to survive with the mining of "Ethereum". Bitcoin mining would not be much profitable for them and in result, they could end up the cloud mining of bitcoin. But on the other hand, ethers could provide these sort of websites still a heck of profit, at least for a few more months, or maybe even more if the value of ethers continue to increase with the current rate of increasing.
About the websites which only "claim" to be of cloud-mining, they'd continue as they are NOT related to crypto-currencies in any way at all. They are only and only ponzi's and HYIP's which are using bitcoin and other altcoins as a payment processor to get increase in investments anonymously. They'd continue to open, gain and close. Just like the recent example of CLDMine.
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Well today I bought the core 2 quad with good configuration for $100 and now planning to spend my bucks on R9 280X. As far as I can see, that's the best graphic card available within my budget for Ethereum mining. BTW, just saw that the power supply I got in my CPU is just 350W. Well I've got to exchange that off with a good one, I guess.  |
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I'd like to be the part of this campaign, if you could let me.
BTC: 1DSLmRaTWsiQg8ZUduzcAispyDdYNroTRg
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With the price bump in ether the wait for this card to get released feel like forever and then we don't even know how well it will perform.
Yes. I am thinking if I should wait another 16 days or buy some R9 390 now. I can start making money now. Oh wow, you are exactly in the same boat where currently I am. Pretty same question. The place where I live, I've to face $0.15/kWh. So I guess I should wait for the release of 480. But then, what if it doesn't go well with the mining, since no one has tested it with mining so far? Or what if it's availability lacks due to a number of hungry gamers/miners and they'd be available at a price much more than $200? Then all the waiting would go straight in waste. Till the release of R9 480, the difficulty to mine ethereum would definitely increase as well. But that should not be the problem as long as the value of ethers increase at the rate at which it is currently increasing. |
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Name: Raja_MBZ
Post count: 371
Rank: Full Member
Bitcoin address: 1DSLmRaTWsiQg8ZUduzcAispyDdYNroTRg
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This makes me really confused, whether I should spend off my money on GPU's and start mining ether or just leave it as it can become useless very soon. I remember the last time I purchased a good GPU back in 2010 for $250, I sold it for $25 in 2014, so if this drama of ether GPU mining ends up, my GPU would definitely get wasted off.
Is someone around here mining Monero? Maybe that's the coin to mine with GPU along with a bit of profit.
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