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Author Topic: Number 9! Ninth altcoin thread. Back to the moon Baby!  (Read 14341 times)
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May 24, 2019, 07:06:39 PM
 #41


nope
im still gonna stack ETH for a staking node one day, feels like a DASH thing to me (i.e hindsight it woulda been great to stack some DASH for nodes while it was gpu mineable)
but as far as PoW goes, i lost interest in whatever they choose for ETH, just give me 6-12 more months to mine, and do w.e the fuck they want after as long as it's PoS Tongue

i'm more watching BTC, with things like Taproot looking more feasible, and a 1/2ing soon, 20k by 2020 seems easy
time to remortgage the house
and he wife Tongue

 

 
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adaseb
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May 25, 2019, 06:56:14 AM
 #42

Only took me 5 years to figure that out haha. But I never sold the BTC I bought at $900 when it was coming down from $1200 back in 2012. I'm still up 8x - better than anything short of Netflix and Amazon.
LoL, I had 2.5 BTC purely left over from mining in 2013/14. Then I sold 1 just before the BCH fork (there was a lot of scaremongering and risk involved... which prove to be all BS afterwards) so around $2500. The rest I sold further down the road on the way up... Must've been around $6000 iirc. Still pretty damn good trades when you think of it.

Now I stick to all BTC I produce with my rigs. Well, I'm mining, staking and keeping all the VEIL I can get with my nVidias, but all various proceeds from the Vega rig goes straight to BTC.

Glad I am not the only one that sold a bunch of BTC leading up to the BCH fork. Most people don't remember but people were freaking out that BTC blockchain will come to a halt because people will abandon it for the more profitable BCH chain.

In hindsight it would of been smart to hold all the BCH until that Coinbase launch where it hit $3000 but who knew it would happen.

I remember all the shennanagins with BCH how they got like 50 blocks in an hour due to the crappy early difficulty adjustment algo. And most miners kept switching back and forth and slowing down the BTC chain since it took a while for the difficulty to adjust. However even when mining wasn't profitable people still were loyal to BTC, crazy times. Feels like an eternity but it was only in Q4 2017. Time sure flies.

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May 25, 2019, 04:33:58 PM
Merited by philipma1957 (2)
 #43

Only took me 5 years to figure that out haha. But I never sold the BTC I bought at $900 when it was coming down from $1200 back in 2012. I'm still up 8x - better than anything short of Netflix and Amazon.
LoL, I had 2.5 BTC purely left over from mining in 2013/14. Then I sold 1 just before the BCH fork (there was a lot of scaremongering and risk involved... which prove to be all BS afterwards) so around $2500. The rest I sold further down the road on the way up... Must've been around $6000 iirc. Still pretty damn good trades when you think of it.

Now I stick to all BTC I produce with my rigs. Well, I'm mining, staking and keeping all the VEIL I can get with my nVidias, but all various proceeds from the Vega rig goes straight to BTC.

Glad I am not the only one that sold a bunch of BTC leading up to the BCH fork. Most people don't remember but people were freaking out that BTC blockchain will come to a halt because people will abandon it for the more profitable BCH chain.

In hindsight it would of been smart to hold all the BCH until that Coinbase launch where it hit $3000 but who knew it would happen.

I remember all the shennanagins with BCH how they got like 50 blocks in an hour due to the crappy early difficulty adjustment algo. And most miners kept switching back and forth and slowing down the BTC chain since it took a while for the difficulty to adjust. However even when mining wasn't profitable people still were loyal to BTC, crazy times. Feels like an eternity but it was only in Q4 2017. Time sure flies.

Yup- pretty hard to be loyal to any particular crypto. I'll mine whatever gives the most profit per watt- ie: depending on what gear I have on hand. I use them to buy and hold a few promising projects... but sell them when they jump at least 25% and hold them in TUSD or USDC. EX: Recently, I sold half my BTC, 1/3 of my ETH, half of my XRP, all of my XLM, all of my RDN, half of my Cardano, half of my Holochain. I might sell half of my EOS and TRON...haven't decided yet.

Old account was Hero member: ATCkit https://bitcointalk.org/index.php?action=profile;u=180016
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May 26, 2019, 02:59:12 AM
 #44

Had a gut feeling;   sold off all my XMR today.


Still gonna mine it;  but i'm not holding it for a while....

I think mainly to get it done while I can still liquidate; since most exchanges are starting to get iffy on if they will be keeping anonymous coins.....

IDC if the price goes up now either;  I really see it can hit 120-150, but, I think ill trust my gut on this one;  ive already made plenty off it since it has pretty much doubled in value for me.

YoBit is not to be trusted.   They magically show volume that is 10-100x the amount of coins that the total network has on a certain shitcoin;  and it all happened while the wallet was "offline" and about half of the actual coins in the network are in private wallets.

Be warned;  stay away from them.  -JK
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May 26, 2019, 03:22:00 AM
 #45

Had a gut feeling;   sold off all my XMR today.


Still gonna mine it;  but i'm not holding it for a while....

I think mainly to get it done while I can still liquidate; since most exchanges are starting to get iffy on if they will be keeping anonymous coins.....

IDC if the price goes up now either;  I really see it can hit 120-150, but, I think ill trust my gut on this one;  ive already made plenty off it since it has pretty much doubled in value for me.
I am holding

raven
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Ltc
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Doge

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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May 26, 2019, 06:23:03 AM
 #46

Had a gut feeling;   sold off all my XMR today.


Still gonna mine it;  but i'm not holding it for a while....

I think mainly to get it done while I can still liquidate; since most exchanges are starting to get iffy on if they will be keeping anonymous coins.....

IDC if the price goes up now either;  I really see it can hit 120-150, but, I think ill trust my gut on this one;  ive already made plenty off it since it has pretty much doubled in value for me.

You might be right, could be a similiar situation of what happened with BSV. It got delisted in many exchanges and pretty much value is tanking everyday (most likely the recent pump will fade completely with the copyright news).

I don't know about XMR but most alts I am holding right now. I am assuming we will see what we saw in 2017, where at first BTC was pumping and alts were losing dominance and then all of a sudden it reversed and alts started to rally while BTC was declining. Right now its not a good time to sell alts, especially ones like ETH.

Really looks like BTC wants to top $10K and will be interesting what happens if it actually pierces thru, might take another run at the ATH.

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JaredKaragen
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May 26, 2019, 07:47:53 AM
 #47

Had a gut feeling;   sold off all my XMR today.


Still gonna mine it;  but i'm not holding it for a while....

I think mainly to get it done while I can still liquidate; since most exchanges are starting to get iffy on if they will be keeping anonymous coins.....

IDC if the price goes up now either;  I really see it can hit 120-150, but, I think ill trust my gut on this one;  ive already made plenty off it since it has pretty much doubled in value for me.

You might be right, could be a similiar situation of what happened with BSV. It got delisted in many exchanges and pretty much value is tanking everyday (most likely the recent pump will fade completely with the copyright news).

I don't know about XMR but most alts I am holding right now. I am assuming we will see what we saw in 2017, where at first BTC was pumping and alts were losing dominance and then all of a sudden it reversed and alts started to rally while BTC was declining. Right now its not a good time to sell alts, especially ones like ETH.

Really looks like BTC wants to top $10K and will be interesting what happens if it actually pierces thru, might take another run at the ATH.

I like the idea of holding XMR as a privacy token;  the "untouchable" savings so to speak;    but the issue of lack of liquidity for me begun to outweigh the rest of the benefits.   I already hold a bunch of a coin which the project is still active, but the exchange let the wallet hit maintenance; and suddenly a massive tumble in its value because of it.    There was some movement the other day with it;  but no sooner was it up that it came crashing down;   that big period the other day was more total BTC value in one day than the coin did in the last ~1.5 years....     Maddening... knowing myself that the network is up and running;  I am able to send coins to and from accounts just fine, the wallet source hasnt changed or anything;  literally the exchange is being a douche.... and im pretty sure so it could dump all the coins its acquired from its wallet staking 1/2 of the sum of coins on that blockchain....       I could have still kept my investment (grown it even) plus make some profit on these movements... but nope.   I like liquidity in these days;  having to rely on crypto to get by now and then;  such is life for me.

Ill still keep mining it though;  but every .3 payout, Ill just TX the previous .3 to the exchange and sell it....   and if the winds go south;  take it in stride.

YoBit is not to be trusted.   They magically show volume that is 10-100x the amount of coins that the total network has on a certain shitcoin;  and it all happened while the wallet was "offline" and about half of the actual coins in the network are in private wallets.

Be warned;  stay away from them.  -JK
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May 26, 2019, 08:31:15 PM
 #48

Crypto remains a volatile asset class with relatively low liquidity. It works for small retail positions but you have to be careful indeed not to hold too many of a coin you couldn't sell quickly enough if shit hits the fan. Bids do disappear very, very quickly for any coin lower than top 10-20 in market cap.



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May 26, 2019, 09:34:25 PM
Last edit: May 26, 2019, 10:04:52 PM by herrdrone
 #49

Had a gut feeling;   sold off all my XMR today.


Still gonna mine it;  but i'm not holding it for a while....

I think mainly to get it done while I can still liquidate; since most exchanges are starting to get iffy on if they will be keeping anonymous coins.....

IDC if the price goes up now either;  I really see it can hit 120-150, but, I think ill trust my gut on this one;  ive already made plenty off it since it has pretty much doubled in value for me.

You might be right, could be a similiar situation of what happened with BSV. It got delisted in many exchanges and pretty much value is tanking everyday (most likely the recent pump will fade completely with the copyright news).

I don't know about XMR but most alts I am holding right now. I am assuming we will see what we saw in 2017, where at first BTC was pumping and alts were losing dominance and then all of a sudden it reversed and alts started to rally while BTC was declining. Right now its not a good time to sell alts, especially ones like ETH.

Really looks like BTC wants to top $10K and will be interesting what happens if it actually pierces thru, might take another run at the ATH.

I like the idea of holding XMR as a privacy token;  the "untouchable" savings so to speak;    but the issue of lack of liquidity for me begun to outweigh the rest of the benefits.   I already hold a bunch of a coin which the project is still active, but the exchange let the wallet hit maintenance; and suddenly a massive tumble in its value because of it.    There was some movement the other day with it;  but no sooner was it up that it came crashing down;   that big period the other day was more total BTC value in one day than the coin did in the last ~1.5 years....     Maddening... knowing myself that the network is up and running;  I am able to send coins to and from accounts just fine, the wallet source hasnt changed or anything;  literally the exchange is being a douche.... and im pretty sure so it could dump all the coins its acquired from its wallet staking 1/2 of the sum of coins on that blockchain....       I could have still kept my investment (grown it even) plus make some profit on these movements... but nope.   I like liquidity in these days;  having to rely on crypto to get by now and then;  such is life for me.

Ill still keep mining it though;  but every .3 payout, Ill just TX the previous .3 to the exchange and sell it....   and if the winds go south;  take it in stride.

For xmr I prefer to keep my coins on my own wallet. And when xmr->btc is required I go to https://xmr.to/ (no kyc, no registration, basically no bullshit haha)
In the past on many occasions polo's wallet would enter on maintenance just because.

Guess that is one of the reason of network hashrate being under ~330 Mh/s, as there is more interest on ETH. Also, if Random X gets approved for next hardfork(october) , It might get implemented on a very bullish market.

Edit: Redaction.

RandomX BENCHMARKS FOR MONERO MINING-> https://monerobenchmarks.info
Monero News-> https://news.monerobenchmarks.info
GPU & CPU BENCHMARKS FOR RAVENCOIN MINING-> https://ravencoinhashrate.space/
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May 30, 2019, 02:37:59 AM
 #50

Glad I haven't sold EOS yet. I was planning to sell it yesterday- but got sidelined by something else.

https://www.investinblockchain.com/eos-overtakes-litecoin-on-coinmarketcap-prior-to-big-announcement/

Old account was Hero member: ATCkit https://bitcointalk.org/index.php?action=profile;u=180016
adaseb
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May 30, 2019, 07:37:23 AM
 #51

Looks like we are back to Aug 2018 mining profitability levels according to

https://bitinfocharts.com/comparison/ethereum-mining_profitability.html

A few hours ago ETH broke-out and took a new high at $288, last time it was this price was back in September 2018 where it had a huge dump which was followed by a long bear trend.

Looks like finally the people with power > 10kwh will be able to turn on their rigs again. Onlything missing now is ProgPOW algo.

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June 02, 2019, 06:47:15 PM
 #52

something's brewing....I hope all of your alts hodl positions pay off  Wink
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June 02, 2019, 06:56:38 PM
 #53

something's brewing....I hope all of your alts hodl positions pay off  Wink

Yeah  I hope  one of the alts takes off.

Doge is so low  0.00000039 btc  a jump to 0.00000391 btc would be easy to do.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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June 02, 2019, 07:17:43 PM
 #54

something's brewing....I hope all of your alts hodl positions pay off  Wink

Yeah  I hope  one of the alts takes off.

Doge is so low  0.00000039 btc  a jump to 0.00000391 btc would be easy to do.

the problem is people's inherent fear that BTC's rise will be more than the alt;  and the rise in the value of BTC will cause a selloff and balance in the alt.

its not as often that the alt's value stays pegged to BTC;   LTC doesn't seem to be even following that tendency as much anymore.

I still own one bag of some [right now] useless coins because there is no active exchange wallet;  but supposedly that will be different in the future;  Ill have to wait and see =/  At least it was nothing ventured out of pocket;  it was all from sig campaign proceeds.

YoBit is not to be trusted.   They magically show volume that is 10-100x the amount of coins that the total network has on a certain shitcoin;  and it all happened while the wallet was "offline" and about half of the actual coins in the network are in private wallets.

Be warned;  stay away from them.  -JK
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June 02, 2019, 07:46:23 PM
 #55

something's brewing....I hope all of your alts hodl positions pay off  Wink

Yeah  I hope  one of the alts takes off.

Doge is so low  0.00000039 btc  a jump to 0.00000391 btc would be easy to do.

the problem is people's inherent fear that BTC's rise will be more than the alt;  and the rise in the value of BTC will cause a selloff and balance in the alt.

its not as often that the alt's value stays pegged to BTC;   LTC doesn't seem to be even following that tendency as much anymore.

I still own one bag of some [right now] useless coins because there is no active exchange wallet;  but supposedly that will be different in the future;  Ill have to wait and see =/  At least it was nothing ventured out of pocket;  it was all from sig campaign proceeds.

doge is merged mining with my ltc.

I just holding them  

along with bci
and raven
and ltc


I also mine grin and convert it to ltc then hodl as ltc.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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June 02, 2019, 08:26:04 PM
Last edit: June 02, 2019, 10:14:25 PM by rdluffy
 #56

something's brewing....I hope all of your alts hodl positions pay off  Wink

Yeah  I hope  one of the alts takes off.

Doge is so low  0.00000039 btc  a jump to 0.00000391 btc would be easy to do.

the problem is people's inherent fear that BTC's rise will be more than the alt;  and the rise in the value of BTC will cause a selloff and balance in the alt.

its not as often that the alt's value stays pegged to BTC;   LTC doesn't seem to be even following that tendency as much anymore.

I still own one bag of some [right now] useless coins because there is no active exchange wallet;  but supposedly that will be different in the future;  Ill have to wait and see =/  At least it was nothing ventured out of pocket;  it was all from sig campaign proceeds.

doge is merged mining with my ltc.

I just holding them  

along with bci
and raven
and ltc


I also mine grin and convert it to ltc then hodl as ltc.

Are you feeling optmistic about ltc, with the halving and the future in general?
It feels like ltc is not so relevant anymore...

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June 02, 2019, 08:56:45 PM
 #57

i totally forgot that doge is merge mined with LTC...   I personally never mined either of the two;  I only pointed my gridseeds at xpool/zpool back in the day and haven't run an asic since those days.

Ive been tossing around the idea of putting one of the lower power bitmain devices on to trickle some extra coin in....  we will see...   But at some point for sure Ill be buying a sha256 machine and just add to the network to support it;  not expecting any real returns from it.

I also posted up my onda rig to the marketplace section...  I think ill stick with the current setup of small satellite machines in many places.   Seems to work the best; and the only major downfall is travel could be far if it needs to be worked with in person...   I have plenty of spare PC's collecting dust ready to go... so might as well let someone else put it to good use.

YoBit is not to be trusted.   They magically show volume that is 10-100x the amount of coins that the total network has on a certain shitcoin;  and it all happened while the wallet was "offline" and about half of the actual coins in the network are in private wallets.

Be warned;  stay away from them.  -JK
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June 03, 2019, 07:38:38 AM
 #58

something's brewing....I hope all of your alts hodl positions pay off  Wink

Yeah  I hope  one of the alts takes off.

Doge is so low  0.00000039 btc  a jump to 0.00000391 btc would be easy to do.

the problem is people's inherent fear that BTC's rise will be more than the alt;  and the rise in the value of BTC will cause a selloff and balance in the alt.

its not as often that the alt's value stays pegged to BTC;   LTC doesn't seem to be even following that tendency as much anymore.

I still own one bag of some [right now] useless coins because there is no active exchange wallet;  but supposedly that will be different in the future;  Ill have to wait and see =/  At least it was nothing ventured out of pocket;  it was all from sig campaign proceeds.

doge is merged mining with my ltc.

I just holding them  

along with bci
and raven
and ltc


I also mine grin and convert it to ltc then hodl as ltc.

Are you feeling optmistic about ltc, with the halving and the future in general?
It feels like ltc is not so relevant anymore...

LTC is pretty relevant especially in the speculations sector and so are most of the Bitmex alts that are trading on there.

LTC is also listed on most exchanges so its very easy for most retail people to buy as compared to something such as XRP which isn't listed in all exchanges.

I think when the FOMO rally hits the mainstream media, people will be buying alts like LTC like crazy because they want 1000% gains instead of 20-25% which is max they can get out of BTC.

It will be a repeat of 2017 pretty much.

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June 03, 2019, 02:39:02 PM
 #59

Any of you guys been following this thread? Also really cool to see the 9th edition of this thread hit, especially along w/ some VERY overdue positive price movement.

An interesting argument is made for the 2060
https://bitcointalk.org/index.php?topic=5135665.new#new

Check out my Crypto YouTube channel
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June 03, 2019, 03:10:08 PM
 #60

Any of you guys been following this thread? Also really cool to see the 9th edition of this thread hit, especially along w/ some VERY overdue positive price movement.

An interesting argument is made for the 2060
https://bitcointalk.org/index.php?topic=5135665.new#new
I certainly have.
The 2060's have the shortest time to break even on your investment (commonly - erroneously - known as ROI around here)... at least when looking at new GPUs. Some might argue the 6GB of ram could be limiting... but so far I haven't seen many algos where that would be the case. C31 being one, but it's basically asic fodder so not interesting anymore anyway.



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