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 Bitcoin Thread v1, and other cryptocurrencies

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TScloudstrife07
post Dec 2 2013, 04:04 PM

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QUOTE(munak991 @ Dec 2 2013, 03:59 PM)
But i still think its waste of natural resources.

Computer parts wear and tear,
Electricity wastage
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yep. hence why it's not feasible anymore to mine bitcoins using normal computer. people are venturing into the world of ASIC aka highly specialized miner now.

QUOTE(limfreelance @ Dec 2 2013, 03:59 PM)
Butthurt lattew.

Just like anak nazri cakap..mau pandu ferarri kena work hard rite??

btw, good luck for your earning.
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thank you for your concern smile.gif

QUOTE(apit.malay @ Dec 2 2013, 03:59 PM)
hahaha...its look like we are not talking about BTC but we are arguing the topic
lol
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it's okay. broaden my knowledge too nod.gif
TScloudstrife07
post Dec 2 2013, 04:13 PM

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QUOTE(daijoubu @ Dec 2 2013, 04:09 PM)
So much processing power is required to maintain a ledger?
*
since 13 million bitcoins already mined, confirm need much processing power to add new thing to blockchain and verifying it.
TScloudstrife07
post Dec 2 2013, 04:47 PM

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ekceli, all those bitcoin thing is government doing. u think u escape government but ekceli u pay money oso to buy mining rig. brows.gif
TScloudstrife07
post Dec 2 2013, 04:58 PM

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QUOTE(apit.malay @ Dec 2 2013, 04:51 PM)
its is gov cloud...i am not so agreed with this..gov is excellent in TAX...hahaha and in btc there is no TAX.
so how the gov play their role
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u buy and sell btc also using RM right? and RM is traceable brows.gif
TScloudstrife07
post Dec 2 2013, 07:00 PM

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QUOTE(Skelosaurus @ Dec 2 2013, 06:26 PM)
Still cant understand what is bitcoin.........
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have u read the 1st page?
TScloudstrife07
post Dec 2 2013, 08:56 PM

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sigh raining non-stop today oh. sad.gif
TScloudstrife07
post Dec 2 2013, 09:41 PM

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miners dan traders sekalian, chillax yo.
TScloudstrife07
post Dec 2 2013, 11:55 PM

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QUOTE(atombom123 @ Dec 2 2013, 11:21 PM)
I understand the appeal to Bitcoin. I don't like the private bank-controlled currency that gives certain people way too much power either. I like the fundamental concept of Bitcoin, a digital currency run by no one person, but by an open source program that works on its own. However, if something like Bitcoin is to be sound, it ought to be stable as well. Bitcoin is not stable. Perhaps someone could get the source code and modify it in such a way to create a cryptocurrency that is not finite but also accumulates in line with the economy its supposed to represent. Perhaps an economist could be better suited to describe how this might be done.
*
there are alternative cryptocurrencies that is not finite, however judging from their users/miners/trader, i think the idea isn't that popular in the crypto world. sweat.gif
TScloudstrife07
post Dec 3 2013, 12:31 AM

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jeng jeng jeng. new KNCMiner ASIC.

user posted image
TScloudstrife07
post Dec 3 2013, 01:04 AM

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QUOTE(coklatua @ Dec 3 2013, 12:46 AM)
RM41k
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yeah. topap another 6k can buy Persona SV liao.

QUOTE(ShinG3e @ Dec 3 2013, 01:00 AM)
People who don't understand the fundamentals of cryptocurrencies are the ones who are being sceptical & pessimist towards new things. biggrin.gif
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cant blame them. Money is getting hard to earn lo nowadays.
TScloudstrife07
post Dec 3 2013, 01:16 AM

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QUOTE(Dixon93 @ Dec 3 2013, 01:08 AM)
Finally got a official bitcoin thread. Anyway gift you all a classic proverb.
“The best time to plant a tree was 20 years ago. The second best time is now.”

So wait no more and invest in bitcoin now! And anyone who have a good ATI card should mine Litecoin too, kinda profitable recently.
*
all high end AMD cards at newegg sold out liao. crazy sweat.gif

QUOTE(ar188 @ Dec 3 2013, 01:08 AM)
but will ROI in 1-2months.. biggrin.gif
*
still, not many would've put that much money and gamble on it. they prefer the more traditional way e.g. trust fund, mutual fund, fd, REIT etc.
TScloudstrife07
post Dec 3 2013, 01:37 AM

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QUOTE(Boomeraangkid @ Dec 3 2013, 01:24 AM)
Cant seem to find good guides on how to mine PPCoins
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it's just the same like mining bitcoins since same algorithm SHA256. only pool different.
TScloudstrife07
post Dec 3 2013, 02:20 AM

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QUOTE(balanar_27 @ Dec 3 2013, 01:55 AM)
elephant coins is gooding..

btw..ppl got quark coins in lump sum sudah...

ppl throw it so that value rendah..... mad.gif  mad.gif  mad.gif  mad.gif
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pump and dump coins lo. whaddya expect? cool2.gif
TScloudstrife07
post Dec 3 2013, 11:42 AM

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QUOTE(balanar_27 @ Dec 3 2013, 07:50 AM)
why ppl doing tis...

damn cb..

when ayam buy in high price..

no more modal in hand..

they dump in lower price..

make d market whole day low vmad.gif  vmad.gif  vmad.gif
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like that lo usually for. ppl mining then exchange for btc. they no intend to do buysell also. hence, why these coins are called 'scamcoins'.

the procedure :

1. see bitcointalk alternate crypto subforum
2. wait for new coin launch
3. after new coin launch faster go mining
4. petition to include in exchange like cryptsy or others
5. after include in exchange faster go dump it.
6. repeat (1)


QUOTE(ezatamrol @ Dec 3 2013, 08:16 AM)
u guys trade using what market? btc-e? for all of crypto. mt. gox famous but only for bitcoins.
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usually use btc-e. but price there lower. if u know how to read chinese can trade at chinese exchanges like btcchina and okcoin

QUOTE(Azurues @ Dec 3 2013, 10:42 AM)
So uh are you guys in a pool? Mining alone seems silly.
*
for sure.
TScloudstrife07
post Dec 3 2013, 11:51 AM

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a13solut3 what miner bro? kncminer jupiter?
TScloudstrife07
post Dec 3 2013, 12:05 PM

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QUOTE(a13solut3 @ Dec 3 2013, 12:01 PM)
Yes bro, Jupiter.
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do u intend to provide shares for jupiter later? since i guess most of us here intend to buy but doesn't have that much money. so probably someone sometime later would provide like for example 20 shares, 1 share around 2k USD just like in bitcointalk group buy.

and since you have safe trader tag, it's more feasible. icon_idea.gif
TScloudstrife07
post Dec 3 2013, 12:08 PM

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QUOTE(a13solut3 @ Dec 3 2013, 12:06 PM)
Currently, Jupiter ready stock worth about USD20k. I'm not planning to do any sharing at the moment, but for Neptune, I am considering it. I have the capital to play with 2 units of USD12k. Maybe in future lol.
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so when did u order? during the secret pre-order period or october/november?
TScloudstrife07
post Dec 3 2013, 12:11 PM

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QUOTE(a13solut3 @ Dec 3 2013, 12:09 PM)
Is there any secret? No la lol. I ordered around 25th of October for November unit. biggrin.gif

I'm just glad that my unit does not have any issues at all.

There's 768 cores in this machine, and there's not even single defect here.
*
good for u then. some people were complaining the chips were defective and KNCMiner didn't provide RMA program sweat.gif
TScloudstrife07
post Dec 3 2013, 12:16 PM

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QUOTE(a13solut3 @ Dec 3 2013, 12:13 PM)
That's why I everyday stress, but Knc has delivered. That's for sure.
*
most probably november batches won't have that problem anymore laugh.gif
TScloudstrife07
post Dec 3 2013, 12:22 PM

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QUOTE(a13solut3 @ Dec 3 2013, 12:17 PM)
Some still have yo, some even get a DoA unit. I think it looks fragile too.
*
ya looks like cikai only. customers paying USD5000 for that thing, at least make it proper la like can mounting on server rack and higher quality of materials.

this one looks really like European version of Chinaman company.
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