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 Bitcoin and other Cryptocurrencies v2

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WooTz
post Mar 15 2017, 03:58 PM


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QUOTE(piscess16 @ Mar 15 2017, 03:52 PM)
oh..

ETH is Ethereum ? but like litecoin zcash, also can be miner, but after miner the coin, now still cant exchange to RM right ?
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Yes, that's right.

You can trade the minted coins into BTC via poloniex and sell to local exchanges.

https://whattomine.com
piscess16
post Mar 15 2017, 04:46 PM

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QUOTE(WooTz @ Mar 15 2017, 03:58 PM)
Yes, that's right.

You can trade the minted coins into BTC via poloniex and sell to local exchanges.

https://whattomine.com
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so you mean is i invest other miner coin, after get the coin going to poloniex exchange to BTC?

on the market have so many coin, which coin is best for invest the machines?
sirxl
post Mar 15 2017, 04:48 PM

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QUOTE(wengherng @ Mar 15 2017, 02:23 PM)
Let's just agree to disagree here.
sure, why not. haha.
kmarc
post Mar 15 2017, 04:51 PM

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QUOTE(WooTz @ Mar 15 2017, 03:47 PM)
You guys are pretty ballsy going against other countries with subsidized electricity and ASICs.

POS stands for Proof of Stake, you acquire crypto token of a blockchain and deposit them to validate blocks. You earn if you act normally, or your deposit gets slashed.

VPS is virtual private server, since network uptime is crucial. Staking on multiple pools with multisig is recommended.

Why not stack GPU and mine other crypto like ETH, you can resell the cards for gamers once you're done with it.
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Lol. Remind me not to buy graphic cards from miners!!!! biggrin.gif
WooTz
post Mar 15 2017, 04:58 PM


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QUOTE(piscess16 @ Mar 15 2017, 04:46 PM)
so you mean is i invest other miner coin, after get the coin going to poloniex exchange to BTC?

on the market have so many coin, which coin is best for invest the machines?
*
The site helps you to narrow down potential ones to mine.

Ether, Monero and Zcash seems to be the safe bet.
piscess16
post Mar 15 2017, 05:04 PM

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QUOTE(WooTz @ Mar 15 2017, 04:58 PM)
The site helps you to narrow down potential ones to mine.

Ether, Monero and Zcash seems to be the safe bet.
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thx thumbup.gif

then you is a trader or miner ?

WooTz
post Mar 15 2017, 05:05 PM


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QUOTE(piscess16 @ Mar 15 2017, 05:04 PM)
thx thumbup.gif

then you is a trader or miner ?
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I'm an ETH stacker and future staker
TSwengherng
post Mar 15 2017, 05:18 PM

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QUOTE(sirxl @ Mar 15 2017, 01:46 PM)
how do I delete posts in here?
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Just go to the post you want to delete, click "edit" and delete all the text.
Put "deleted" as the new text, and click save.


QUOTE(kmarc @ Mar 15 2017, 02:17 PM)
Wow! Super Mario. Ok ok, bought some straight away!  thumbup.gif Oh, bought straight away and lend out straight away!  laugh.gif
All the negative things on Dash makes me want to sell my Dash holdings. However, then comes the "what if Dash goes much higher like bitcoin?" question. Anyway, Poloniex has a complete history I can download. From my calculation, I have made 0.13 Dash which is around USD 11.31 at current price (USD 87). Not too bad, as long as Dash is not trash and doesn't crash!
Ya ya, I literally have to be crazy to enter crazy cryptoland.  rclxub.gif
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There are always positives and negatives, so as long as you are fully aware of your choices and are convinced that you have made an informed decision, then just go ahead with it.
I think it highly unlikely (I'd say nearly impossible, but I usually try to never say never) that DASH will ever go higher than bitcoin, even in the extremely unlikely event that bitcoin crashes, I bet DASH will crash with it, and go much lower even.
It is clear that a 400% gain within one month is not sustainable, and there seems to be nothing that can support this price level once the euphoria dies down, so I agree with WooTz that there will be a correction soon, but then again, I don't think it will suddenly crash down to USD 20 or such levels...... more likely it will crash about 30-50% off its peak at the time, after which, the drop will probably taper off slightly......but that is just my crystal ball pluck-from-the-sky prediction.


piscess16
post Mar 15 2017, 05:22 PM

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QUOTE(WooTz @ Mar 15 2017, 05:05 PM)
I'm an ETH stacker and future staker
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stacker ? ? confused.gif
TSwengherng
post Mar 15 2017, 05:34 PM

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QUOTE(piscess16 @ Mar 15 2017, 03:26 PM)
yes around 200k.

now is just using small amount to exchange to RM.

but ytd i exchange in remitano, i need deposit into remitano wallet.

USD 70, need the cost USD4, but send the money is very fast.

maybe is set USD0.5 is need taking longer time.
*
From my personal experience, with 0.0003 to 0.0004 BTC transaction fees, my transaction confirmation times were somewhere between 15 minutes to 40 minutes.
But it also depends on the backlog of transactions on that day as well......on a good day, I had one transaction with 0.0002 BTC fee and still got confirmations within one hour.

QUOTE(piscess16 @ Mar 15 2017, 03:52 PM)
oh..

ETH is Ethereum ? but like litecoin zcash, also can be miner, but after miner the coin, now still cant exchange to RM right ?
*
Exchange to BTC and sell on XBit Asia or Luno, then withdraw RM.

WooTz
post Mar 15 2017, 05:56 PM


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QUOTE(piscess16 @ Mar 15 2017, 05:22 PM)
stacker ? ? :confused:
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I gradually accumulate ETH in preparation for POS by end of this year.

A hybrid POW/POS implemention is expected after Metropoils fork during July-October period.


kmarc
post Mar 15 2017, 06:55 PM

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QUOTE(wengherng @ Mar 15 2017, 05:18 PM)
There are always positives and negatives, so as long as you are fully aware of your choices and are convinced that you have made an informed decision, then just go ahead with it.
I think it highly unlikely (I'd say nearly impossible, but I usually try to never say never) that DASH will ever go higher than bitcoin, even in the extremely unlikely event that bitcoin crashes, I bet DASH will crash with it, and go much lower even.
It is clear that a 400% gain within one month is not sustainable, and there seems to be nothing that can support this price level once the euphoria dies down, so I agree with WooTz that there will be a correction soon, but then again, I don't think it will suddenly crash down to USD 20 or such levels...... more likely it will crash about 30-50% off its peak at the time, after which, the drop will probably taper off slightly......but that is just my crystal ball pluck-from-the-sky prediction.
*
Yeah, there are some concerns on Dash, including this one: https://www.dash.org/forum/threads/how-mast...-a-bubble.9561/

Ok, let's just say that we agree to agree tongue.gif that Dash bubble will burst. The problem is when to get off??? At the moment, Dash is reaching ATH again - USD 92 on poloniex now. I know nobody can time the market but I have experienced far too many a time of being left behind because I unloaded too early..... sweat.gif

Any strategy? I'm thinking I will ride this bull to the end and cash out when it starts to crash. Of course, we working people might be at work when it does!!!

QUOTE(WooTz @ Mar 15 2017, 05:56 PM)
I gradually accumulate ETH in preparation for POS by end of this year.

A hybrid POW/POS implemention is expected after Metropoils fork during July-October period.
*
I guess ETH stacker means a major player in the ETH arena? I think you did mentioned that of all cryptos, ETH has the highest chance to be the next bitcoin right ? (loading more bullets to buy ETH......)

This post has been edited by kmarc: Mar 15 2017, 06:59 PM
WooTz
post Mar 15 2017, 09:05 PM


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QUOTE(kmarc @ Mar 15 2017, 06:55 PM)
Yeah, there are some concerns on Dash, including this one: https://www.dash.org/forum/threads/how-mast...-a-bubble.9561/

Ok, let's just say that we agree to agree  tongue.gif that Dash bubble will burst. The problem is when to get off??? At the moment, Dash is reaching ATH again - USD 92 on poloniex now. I know nobody can time the market but I have experienced far too many a time of being left behind because I unloaded too early.....  sweat.gif

Any strategy? I'm thinking I will ride this bull to the end and cash out when it starts to crash. Of course, we working people might be at work when it does!!!
I guess ETH stacker means a major player in the ETH arena? I think you did mentioned that of all cryptos, ETH has the highest chance to be the next bitcoin right ? (loading more bullets to buy ETH......)
*
I'm on page 250 ish on Etherscan, there's at least 6000 holders ahead of me.

Then again, we have like 2000 billionaires and 15 million millionaires today brows.gif
piscess16
post Mar 15 2017, 09:07 PM

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QUOTE(wengherng @ Mar 15 2017, 05:34 PM)
From my personal experience, with 0.0003 to 0.0004 BTC transaction fees, my transaction confirmation times were somewhere between 15 minutes to 40 minutes.
But it also depends on the backlog of transactions on that day as well......on a good day, I had one transaction with 0.0002 BTC fee and still got confirmations within one hour.
Exchange to BTC and sell on XBit Asia or Luno, then withdraw RM.
*
thx for your information..

so the mean miner other coin will get more than bitcoin.

because the bitcoin difficult will increase faster than other coin right ?
piscess16
post Mar 15 2017, 09:08 PM

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QUOTE(WooTz @ Mar 15 2017, 05:56 PM)
I gradually accumulate ETH in preparation for POS by end of this year.

A hybrid POW/POS implemention is expected after Metropoils fork during July-October period.
*
ya, today i have doing research ETH, and also have tell POS, but i still dunno what the mean is POS.

and they say after POS, the ETH is cant miner jor right ?


and you know antpool ? why at antpool nobody miner ETH?

and ETH n ETH Classis izzit is same coin before ?
WooTz
post Mar 15 2017, 09:22 PM


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QUOTE(piscess16 @ Mar 15 2017, 09:08 PM)
ya, today i have doing research ETH, and also have tell POS, but i still dunno what the mean is POS.

and they say after POS, the ETH is cant miner jor right ?
and you know antpool ? why at antpool nobody miner ETH?

and ETH n ETH Classis izzit is same coin before ?
*
After POS, yes current PoW miners will switch to other GPU algorithms.

Instead of using so much electricity and hardware, Ethereum will be secured by its very own coin, ETH.

It's not final yet, but here's the third draft for Casper:

We set:

BLOCK_TIME: 4 seconds (aiming on the less ambitious side to reduce overhead)
SKIP_TIME: 8 seconds (aiming on the less ambitious side to reduce overhead)
EPOCH_LENGTH: 10800 (ie. 12 hours under good circumstances)
ASYNC_DELAY: 10800 (ie. 12 hours under good circumstances)
CASPER_ADDRESS: 255
WITHDRAWAL_DELAY: 10000000, ie. 4 months
GENESIS_TIME: some future timestamp marking the start of the blockchain, say 1500000000
REWARD_COEFFICIENT: 3 / 1000000000
MIN_DEPOSIT_SIZE: 32 ether
MAX_DEPOSIT_SIZE: 131072 ether
V_LOSS_MAXGROWTH_FACTOR: 32
FINALITY_REWARD_COEFFICIENT: 0.6 / 1000000000
FINALITY_REWARD_DECAY_FACTOR: 1000 (ie. 1.1 hours under good circumstances)
MIN_BET_COEFF: 0.25
NUM_SHARDS: 80
VALIDATORS_PER_SHARD: 120

With Casper, we can finally do sharding, blockchain's Holy Grail, mass scalability will be possible.

Antpool mines with SHA256 algo, Ethereum utilizes GPUs with Ethash algo

Yes, ETH was just ETH, then DAO happened and we forked to restore the funds, ETC was the original chain, thus the name Classic. But the miners and markets have spoken, we'd stick with ETH for good.
kmarc
post Mar 15 2017, 09:48 PM

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QUOTE(WooTz @ Mar 15 2017, 09:05 PM)
I'm on page 250 ish on Etherscan, there's at least 6000 holders ahead of me.

Then again, we have like 2000 billionaires and 15 million millionaires today  brows.gif
*
Yeah I know I know. Cryptocurrencies are the ticket to richness, for some excluding me..... cry.gif

ETH is on the move again. Thx for your Super Mario. thumbup.gif So is Dash, almost breaking USD 100!

Need words of comfort. ETH at USD 30+ still cheap? dry.gif

This post has been edited by kmarc: Mar 15 2017, 09:51 PM
WooTz
post Mar 15 2017, 10:34 PM


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QUOTE(kmarc @ Mar 15 2017, 09:48 PM)
Yeah I know I know. Cryptocurrencies are the ticket to richness, for some excluding me..... cry.gif

ETH is on the move again. Thx for your Super Mario.  thumbup.gif So is Dash, almost breaking USD 100!

Need words of comfort. ETH at USD 30+ still cheap?  dry.gif
*
ENS pump wasn't happening cause of bug, Raiden and the gang is coming

Melonport gets listed on Kraken today, the ICO that raised US$3 million($7 million as of current ETH price) in 5 mins



$31 is still dirt cheap

This post has been edited by WooTz: Mar 15 2017, 10:37 PM
kmarc
post Mar 15 2017, 11:18 PM

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QUOTE(WooTz @ Mar 15 2017, 10:34 PM)
ENS pump wasn't happening cause of bug, Raiden and the gang is coming

Melonport gets listed on Kraken today, the ICO that raised US$3 million($7 million as of current ETH price) in 5 mins



$31 is still dirt cheap
*
Aahhhh...... can sleep better tonight! thumbsup.gif

Ok, I can't stand blinking numbers and up-down charts anymore. Going to sleep. If following recent trends, hope to see Dash and ETH higher tomorrow morning. thumbup.gif
piscess16
post Mar 15 2017, 11:30 PM

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QUOTE(WooTz @ Mar 15 2017, 10:34 PM)
ENS pump wasn't happening cause of bug, Raiden and the gang is coming

Melonport gets listed on Kraken today, the ICO that raised US$3 million($7 million as of current ETH price) in 5 mins



$31 is still dirt cheap
*
so the mean ETH will grow up very fast like bitcoin, future is 1 ETH = 1xxx USD?

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