TeamCyr
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June 17, 2018, 04:45:25 AM |
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I was around in late 2013 when BTC went from $600 to $1000 then quickly dropped to $200 right around April. So it's exactly a 4 year mirror for me. Started in Dec 2013 left in April 2014. Big mistake. Started again in Dec 2017 and this time I'm not leaving.
Back then BTC dropped 80% in value.
We are not there yet at this time. It will go 80% below its $19,500 peak point. So it will linger around $4000 range until a huge push starting in may and accelerating in Sept of 2021 with a new peak of around $100K in Jan 2022. At that time BTCz shoud hit 10 cents which is enormous 50x gain from where it is now. It may even be at top 100 if we all stick together and believe in our devs.
What many dont appreciate enough here in altcoin world is the core dev teams, the ones who put the code together. When you consider how many ICOs are out there - which means you don't mine but you BUY coins from the devs and that's why they are considered securities, rightfully so - and they all turn into a bunch of greedy ones who cash their ICOs into Ether and get out.
Now you get maybe 20% left across 500+ projects that are mineable. That's still 100 plus coins but then majority were taking over by ASICs so they are subject to daily mine-n-dump by those who are ASIC bagholders trying to get NOI. The fastest BTC miner the S9 loses $2.5 in electricity cost in California. Maybe it makes some money in China.
That leaves you with a handful of coins. Let's talk Equihash for now. VOT is a nice project, the dev is a hardcore programmer but he has a little premine and doesn't seem to be very interested in expanding his project.
If you take out anyone like Snowgem with 5% dev tax and ZCash with 20% dev tax you are left with only a handful of projects that resemble the old days of BTC. Devs working purely for the technology and not to get rich overnight. That also means no budget for marketing and listing on exchanges. Not many exchanges are fine. But we all need to use donating pools for projects marketing budget.
Ethereum was massively premined for greedy Vitalik. Probably ordered by Putin himself. That's why most ICOs are sold in Europe because of its proximity to Russia and Putin. They are sucking the wealth out of Europe, as usual like they have been with energy, with fabricated ICOs mostly coming out of the old eastern block. Luckily many are banned in the USA.
BTC was also instamined about 1M coins in the genesis block but those have never been moved and possibly never will as many suspect Satoshi is dead.
BTCz and ZCL are two of the only active coins I know with no dev fee and no premine. Well ZCL started as an honest project by Rhett but was played and pumped and dumped into an illusionary BTCP project. I personally got caught myself and bought into some ZCL hype and the BTCP ended up being a loss. ZCLs converted to BTCP were only less than 4M coins. But millions of free BTCP coins entered the market by those who had no skin in the game, never mined, just had a bunch of BTC (like Bittrex) and cashed out the freely airdropped BTCP against those who bought ZCL at $120 to get a single BTCP. They used Rhett, as a front as the show kid and Cryptojack , Tai Zen and his other buddy just raped the project. It was so bad even Coinbase blocked Tai Zens account, (a few days after BTCP was dumped to oblivion and cashed into BTC) for massive BTC deposit and sale to fiat as they did some investigation on him. He took it to twitter and admitted it himself that his Coinbase account was suspended for withdrawals. And if that was not enough greed, with BIP9 the devs will then take over the BTCP coins from those 10M BTC owners who never claimed their BTCP. That is estimated to bring in $200M+ for the devs in their BIP9 theft scheme mainly run by CryptoJack. At this point they kicked Rhett out too, they don't need the poster kid. So this is what BIP9 theft technology really is: if you have BTC and never claimed your BTCP free coins, the devs will take over and sell them for their own profit. It's right in their white paper. That's on top of the donated 30,000 BTCP they dumped in the first days.
Now you have BTCz . An honest project that is rare. In my 4.5 years in Crypto, this is the only one with a solid team. Ones who stick to it and keeps it moving. Because of its low budget, some devs have gotten cold feet, moved on to other projects or made another project. But we still have an amazing team if great devs who are working tirelessly in the recent advances.
For example as a plus to BTCz, almost none of other new projects have an Andorid wallet of their own (Coinami and Freewallet dont count). That's a red flag right there. Why? Because you need a credit card, address, name, ID and have to pay a $100 fee per year to open an Android dev account and upload an app. That would expose one's identity and not a good idea for a scammer team. It would also show the dev team is most probably not from some scammer slum in nowwhereland but from a decent neighborhood in the US, Canada or Europe. Someone who cares about his life, doesn't want to go to jail and is not planning on stealing your money. BTCz is the only Equihash coin with a branded wallet of its own. Even ZCash doesn't have one. Many never will even though they have it listed in their copy/paste road maps.
The devs also worked hard to kill the A9/Z9 ASICs recently. That was a huge undertaking that required cooperation of tens of exchanges and mining pools. I don't think many really know what effort it really took to get where we are a few hours from fork. And even now they are working on fending off the time warp attackers.
Now there you have it. The choice is yours. You can buy massively overpriced EOS coins at $10 BILLION marketcap that were created by Dan out of thin air, in literally 15 minutes of ERC20 copy and paste or invest time and money in a project that matters with a solid road map and micro tiny $2M marketcap that has massive upside potential.
See you in 2022!
Very interesting read. I am sure many of us have similar stories for the past few years to share. For now I think BTCz has hit a hard bottom and the fork will disable the Z9 and A9 farms.
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apollo93
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June 17, 2018, 04:48:01 AM |
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Good project
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TeamCyr
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June 17, 2018, 05:02:59 AM |
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Good project
Welcome to BTCz make sure you read the 1st post on page one. You are arriving at exciting times. We are forking to kick out the ASICs.
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alexeypato
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June 17, 2018, 05:08:23 AM |
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Hello guys, tell me please how many coins per day I can get on the following equipment: 5x1070 gti 8gb, 4x1080ti 11gb? thank you!
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FollowWings
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June 17, 2018, 06:12:46 AM |
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Hello guys, tell me please how many coins per day I can get on the following equipment: 5x1070 gti 8gb, 4x1080ti 11gb? thank you!
Daily 7800 BtcZ before fork and we assume much more after fork!
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FollowWings
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June 17, 2018, 06:13:57 AM |
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Greetings all! It's really interesting project! Aesthetic project, riveting idea.
Welcome Home Bro! Feel free to ask anything!
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boomboommin
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June 17, 2018, 08:12:34 AM |
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it`s forked ?
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baslo989
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June 17, 2018, 08:22:08 AM |
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Here we go!!! Works just perfect!! 1080s doing 35-36 sols. Keep up good work!
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ocminer
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June 17, 2018, 08:34:31 AM |
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Looks like the fork went smoothly, https://btcz.suprnova.cc is working fine on the new algo
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suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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florian2
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June 17, 2018, 09:00:52 AM Last edit: June 17, 2018, 09:14:42 AM by florian2 |
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So, if I understand well, there is no solution for the AMD rig yet ? I had to remove my rig because I'm only AMD for the moment.
Another question : Every exchange have updated to be on date ? How to be sure the update was correctly done by exchanges, and also by himself when we've downloaded the bitcoinz wallet 1.4.0?
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Iamtutut
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June 17, 2018, 09:02:49 AM |
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Have known devs such as claymore, zawawa, wolf00 and others been contacted by the coin devs for an AMD miner ?
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Coin++
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June 17, 2018, 09:15:52 AM |
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What about the current withdraw without transaction number (then no btcz in our personnal wallet) ?
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Coin++
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June 17, 2018, 09:18:38 AM |
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I have to stop my BTCZ RIGs. I didn't found any solution to still mine btcz with my NVidia RIG with Ubuntu 16.04 and Cuda 8 (no miner works : allways problems with cuda or gpu driver incompatibilities : the last tested driver for Ubuntu is 384.130) :-(.
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Mindin
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June 17, 2018, 09:24:09 AM |
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So if I got this right. Amd owners have trouble mining this right now and Linux also has problems. That's not very impressive at all.
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buznbye
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June 17, 2018, 10:42:01 AM |
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So if I got this right. Amd owners have trouble mining this right now and Linux also has problems. That's not very impressive at all.
AMD Mining is working fine for me? got 4x 280x's on it 1x r9 290x 8gb and a rx 580 8gb
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Kassolari
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June 17, 2018, 10:56:38 AM |
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Any idea why 1.4 Wallet doesnt want to synchronize ? stoped at 99.99% 17.6.2018 12:03... wont progress futher
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huymtc
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June 17, 2018, 11:01:58 AM |
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Any idea why 1.4 Wallet doesnt want to synchronize ? stoped at 99.99% 17.6.2018 12:03... wont progress futher
you should try re-installing your wallet. Please remember backing your current wallet up, save it in different safe locations.
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rapi
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June 17, 2018, 11:04:22 AM |
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This platform will not only grow together with the market but will be a catalyst for its development. Hopefully better in the future, let the passion for the team without you this project will not be good like this. I recommend for investors to immediately invest in this project.
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ocminer
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June 17, 2018, 11:36:46 AM |
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What about the current withdraw without transaction number (then no btcz in our personnal wallet) ? Write me a pm with the txid and I'll check it
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suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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Easteregg69
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June 17, 2018, 12:09:38 PM |
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I am on the new algo.
GTX 980 Temp limit 60. 10 sol/sek
Have a great day all.
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Throw some "shit" and see what sticks.
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