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Author Topic: I just sold all my alt coins that can be mined  (Read 583 times)
Goool (OP)
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April 08, 2018, 07:54:47 AM
 #1

I just sold all my alt coins that can be mined

Officially I am not supporting coins that can be mined because of the obvious reason called BAIKAL BITMAIN and who knows who else that they mine hidden.

So basically if you hold altcoins that can be mined you help these companies... they just killed the coins by selling selling and causing price drop....
Play fair to support you not like that.

Also your preorder money are going straight to new miners developing-build that are not releasing.


Simple as that !  
Bitmian
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April 08, 2018, 08:14:14 AM
 #2

 Cool
LTCMAXMYR
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April 08, 2018, 09:20:35 AM
 #3

I just sold all my alt coins that can be mined

Officially I am not supporting coins that can be mined because of the obvious reason called BAIKAL BITMAIN and who knows who else that they mine hidden.

So basically if you hold altcoins that can be mined you help these companies... they just killed the coins by selling selling and causing price drop....
Play fair to support you not like that.

Also your preorder money are going straight to new miners developing-build that are not releasing.


Simple as that !  

cool,i sold all ASIC alt coins,never buy one back
buy AISC alt coins = help shitmain

Never buy any ICO altcoin.
Never buy any ASIC altcoin.
KougarLOB
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April 08, 2018, 12:40:40 PM
 #4

TITs?  BURST?

1ER7JwEjpjQfm4qaTxy6EaNdNy8MqzP1pt  Smiley
leonix007
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April 08, 2018, 02:27:46 PM
 #5

Geez, that font color is a pain in the eyes

Selling mined coins are a nature in purpose, however selling it all at once due to ASIC entries are lame, especially those big coins

Price dipping may not all be the miners fault

but if you mine sh*t Coins, then better sell them all out the soonest
jillscarbrough
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April 08, 2018, 02:44:09 PM
 #6

Geez, that font color is a pain in the eyes
Selling mined coins are a nature in purpose, however selling it all at once due to ASIC entries are lame, especially those big coins
Price dipping may not all be the miners fault
but if you mine sh*t Coins, then better sell them all out the soonest

Wise man. I don't really like ASIC since my last ASIC was Antminer S1. But I don't want to overreact to this ASIC issue. Let 's move on.
chup
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April 08, 2018, 05:57:31 PM
 #7

Yeah, right... You choose best timing for total sale.

EthanB
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April 09, 2018, 12:10:54 AM
 #8

In my opinion, any coin that can be mined by ASIC architecture is running the risk for having their difficulties trampled all over, making GPU, CPU or any other kind of publicly known mining methods impossible. They have the ability to flood the market with resources, increasing the difficulty until their own equipment isn't even profitable. At this point, they tend to sell of their coins and gear unless they can sink their teeth into another coin to do exactly the same thing to.

Find a coin that cannot be mined by ASIC, because of all the recent panic that's been going on I have had seen mining profits for smaller rigs increase significantly. Small rigs have been earnings more $ and more BTC, so you have to pick your battles.
Suslived
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April 09, 2018, 12:39:37 AM
 #9

Yeah, right... You choose best timing for total sale.

Exactly. The red font is probably indicative of is portfolio value. Haha.

I completely agree with this guy and f-ing curse BAIKAL and BITMAIN to the ground but cooler heads and wiser moves should always prevail in the end, especially with cryptocurrencies. Never let your emotions get ahead of profit.

 
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jillscarbrough
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April 09, 2018, 03:40:57 AM
 #10

Find a coin that cannot be mined by ASIC, because of all the recent panic that's been going on I have had seen mining profits for smaller rigs increase significantly. Small rigs have been earnings more $ and more BTC, so you have to pick your battles.

This is a better move. Spread hatred isn't helped us to come out this situation. Let them and let's move.

I completely agree with this guy and f-ing curse BAIKAL and BITMAIN to the ground but cooler heads and wiser moves should always prevail in the end, especially with cryptocurrencies. Never let your emotions get ahead of profit.

I agree with you.  Cheesy
yrk1957
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April 09, 2018, 04:38:47 AM
 #11

Was’nt the OP begging/demanding Bitmain to reduce prices for ASICs? I maybe mistaken.

Bottom line, it’s all about money, for you, for me, for Bitmain...

Let’s not act sancrosant.

Edit: Just looked at the OP’s history. Let’s call it the tale of sour grapes.
edwardceng
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April 09, 2018, 04:47:03 AM
 #12

yeah, what you want to do then do. every miner has a perception and has different calculations for the present situation. one side hates ASIC and the other party is very happy with ASIC.

szafa
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April 09, 2018, 05:12:13 AM
 #13

What you buy with this money?
yrk1957
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April 09, 2018, 05:13:36 AM
 #14

What you buy with this money?

Bitcoin mostly, and what mines bitcoin? ASICs - lol the irony.
jillscarbrough
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April 09, 2018, 05:42:24 AM
 #15

What you buy with this money?

Bitcoin mostly, and what mines bitcoin? ASICs - lol the irony.

You got me.
ASICs issue, more like merits system today. ASICs broke my life  Angry. There is nothing wrong with anti-ASIC or pro-ASIC. One thing that proper less is overreacted.
jillscarbrough
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April 09, 2018, 06:10:29 AM
 #16

sooner or later Nvidia and AMD are going to come out with Asic cards

That's quite possible.
But maybe most costly, as we know Chinese has a cheaper material. Let's wait and see what will go to happen next.   Smiley
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April 09, 2018, 06:55:19 AM
 #17

ASICs are nothing new to crypto.

They were started back in 2012 with Bitcoin and in 2014 with Litecoin? Would you still sell those coins?

With ETH it not really a big deal since it will go POS in the near future. It was never meant to stay on just POW forever.
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April 09, 2018, 08:56:40 AM
 #18

But without ASIC's there wouldn't be so much mined ethereum and maybe we would have seen POS in maybe 2 years

But that's all just one big "MAYBE"
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April 09, 2018, 09:09:43 AM
 #19

Just mine Ravencoin for now.
jillscarbrough
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April 09, 2018, 11:51:48 AM
 #20

But without ASIC's there wouldn't be so much mined ethereum and maybe we would have seen POS in maybe 2 years

But that's all just one big "MAYBE"

I understand that you are big fans of Ethereum, just don't be broke when Ethereum applied ASICs. Let's act like a Playboy "move on to the other holes".  Cool
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