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thms (OP)
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March 01, 2016, 08:33:12 PM |
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I've been doing the opposite. Mining ETH and converting to BTC. Whoever is pumping this is bringing back the days of profitable GPU mining for BTC.
How is it profitable if you are converting to BTC and the rate ETH/BTC went from 0.002 to 0.017 just this year? You actually lost a massive amount. |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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stoat
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March 01, 2016, 08:37:08 PM |
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I've been doing the opposite. Mining ETH and converting to BTC. Whoever is pumping this is bringing back the days of profitable GPU mining for BTC.
How is it profitable if you are converting to BTC and the rate ETH/BTC went from 0.002 to 0.017 just this year? You actually lost a massive amount. He's just trying to put a pro bitcoin spin on something. If you aren't hodling ETH now you are gonna regret it. |
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countryfree
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Activity: 3052
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Your country may be your worst enemy
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March 01, 2016, 08:49:51 PM |
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I've sold all my ETH when they reached 0.015 BTC. I feel bad about it now that they're over 0.017, but frankly I feel safe. I don't like it when I'm in front of something I don't understand. There's just no reason why ETH is gaining so much value so fast. Can anyone explain what's going on? The market is irrational. Hey, the quicker the rise, the quicker the fall.
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I used to be a citizen and a taxpayer. Those days are long gone.
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stoat
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March 01, 2016, 08:53:21 PM |
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I've sold all my ETH when they reached 0.015 BTC. I feel bad about it now that they're over 0.017, but frankly I feel safe. I don't like it when I'm in front of something I don't understand. There's just no reason why ETH is gaining so much value so fast. Can anyone explain what's going on? The market is irrational. Hey, the quicker the rise, the quicker the fall.
You clearly have not put much effort in to researching what Ethereum is and who is behind it. |
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spazzdla
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Activity: 1722
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March 01, 2016, 08:54:47 PM |
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I looked into the wallet last night... the legal jumbo spooked me and I decided against it.
Please change my mind lol.
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stoat
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March 01, 2016, 09:13:18 PM |
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I looked into the wallet last night... the legal jumbo spooked me and I decided against it.
Please change my mind lol.
Buy some ETH you pussy |
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<-- Click here! | | FREEDOMRESERVE By the People and for the People |
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Sark
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March 01, 2016, 09:16:28 PM |
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I looked into the wallet last night... the legal jumbo spooked me and I decided against it.
Please change my mind lol.
Its basically in alpha (Frontier) phase right now, going to beta (Homestead) phase on 3/14. They wanted to put up scary disclaimers for the Frontier phase in case something bad happened, but there were zero security/stability issues post launch which was July 30, 2015. The scary disclaimers are being taken down with the Homestead release, but it turns out they weren't necessary anyway. |
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mtnsaa
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Activity: 1568
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March 01, 2016, 09:19:33 PM |
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Lol at people afraid of making money. The bubble may pop and you can lose some satoshis, but you will definitely kill yourself if you ever download a dapp from your car or run your own bank at your home.
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owm123
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March 01, 2016, 09:28:30 PM |
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ETH keeps on achieving new hights. It seems 0.02 is very possible, especially when Homestead is going to be release soon.
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sinner
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March 01, 2016, 09:36:17 PM |
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is there 1 working dapp i can check out?
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stoat
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March 01, 2016, 09:44:53 PM |
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is there 1 working dapp i can check out?
http://dapps.ethercasts.comThe bright green ones are live. |
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partysaurus
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March 01, 2016, 10:51:37 PM |
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Cant make up my mind if I should invest in this Or not. A lot of people seem to be very negative and the price seem over hyped :S
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CCV.IO
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March 01, 2016, 10:57:55 PM |
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I've sold all my ETH when they reached 0.015 BTC. I feel bad about it now that they're over 0.017, but frankly I feel safe. I don't like it when I'm in front of something I don't understand. There's just no reason why ETH is gaining so much value so fast. Can anyone explain what's going on? The market is irrational. Hey, the quicker the rise, the quicker the fall.
Actually it's quite simple. Bitcoin's dev & the foundation are failing over & over to reach an agreement about scalability. Ethereum has a clear & defined roadmap. |
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CCV.IO
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March 01, 2016, 10:59:41 PM |
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Cant make up my mind if I should invest in this Or not. A lot of people seem to be very negative and the price seem over hyped :S
yeah negative as those who were denigrating BTC in the early days. BTC is doomed... Bitcoin's dev & the foundation are failing over & over to reach an agreement about scalability. Ethereum has a clear & defined roadmap. |
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owm123
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March 01, 2016, 11:09:46 PM |
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I've sold all my ETH when they reached 0.015 BTC. I feel bad about it now that they're over 0.017, but frankly I feel safe. I don't like it when I'm in front of something I don't understand. There's just no reason why ETH is gaining so much value so fast. Can anyone explain what's going on? The market is irrational. Hey, the quicker the rise, the quicker the fall.
Actually it's quite simple. Bitcoin's dev & the foundation are failing over & over to reach an agreement about scalability. Ethereum has a clear & defined roadmap. Also Homestead is coming in 2 weeks, plus recent interest by samsung and cannonical also adds to the price increase imo. |
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CCV.IO
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March 01, 2016, 11:11:37 PM |
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Short term, these swings are being driven by BTC drama. If BTC were to completely drop the ball, this would have a significant impact on Ethereum, but I don't think that is very likely. They will get their shit together eventually even if they have to shoot themselves in the foot a couple times first. Even so though, the money rotating in and out of Ethereum is providing good liquidity and driving a lot of new exposure.
Well good point mate but as in every drama, one comes out winner while the other die. An example? Nokia! Once a leader, they failed to adapt and quickly found themselves out of the game. I fear the same ending for Bitcoin. The incapacity of the Devs & the foundation to solve a simple scalability issue is killing the coin. Will Bitcoin ever recover from this mess? I've made my choice few months ago. I've sold all my assets and bought ETH instead. So far, the wisest decision... |
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OgNasty
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Leading Crypto Sports Betting & Casino Platform
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March 02, 2016, 05:41:46 AM
Last edit: March 02, 2016, 06:57:46 AM by OgNasty |
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I've been doing the opposite. Mining ETH and converting to BTC. Whoever is pumping this is bringing back the days of profitable GPU mining for BTC.
How is it profitable if you are converting to BTC and the rate ETH/BTC went from 0.002 to 0.017 just this year? You actually lost a massive amount. I didn't start mining it until the bubble. ETH is not a currency (although it is a sweet idea and it will be successful in my opinion). Those who are investing in it as such are going to get burned. As long as you're having fun though, that's all that matters. |
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hdbuck
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March 02, 2016, 06:56:44 AM |
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lovely HTML design. when will homostead season 2 be available? |
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