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 Bitcoin and other Cryptocurrencies v2

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WooTz
post Mar 15 2017, 03:28 PM


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QUOTE(sirxl @ Mar 15 2017, 01:33 PM)
not such thing as fundamentals in crypto investment space,
it's all about technical charts, pump and dumps and how much inside tips you have.
*
So you're saying Fortune 500 companies and governments are now embracing EEA for technical charts and currency speculators. Nothing to do with the army of developers, community and the digital lego blocks Ethereum possesses.

Then why didn't the Bitcoin ETF got through?


WooTz
post Mar 15 2017, 03:47 PM


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QUOTE(piscess16 @ Mar 15 2017, 03:22 PM)
yes, is around 20unit S9, but we is a team to invest~

what is the mean POS coin ? n VPS ?
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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.
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
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?
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The site helps you to narrow down potential ones to mine.

Ether, Monero and Zcash seems to be the safe bet.
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 ?
*
I'm an ETH stacker and future staker
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.


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......)
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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
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.
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
WooTz
post Mar 16 2017, 07:24 AM


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QUOTE(piscess16 @ Mar 15 2017, 11:30 PM)
so the mean ETH will grow up very fast like bitcoin, future is 1 ETH = 1xxx USD?
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It is growing very fast. Polo ETH/USDT volume just overtook BTC.

I dunno about $1000 ETH, but $100 ETH is very much a reality in 2017 if such growth continues.

[attachmentid=8598822]

This post has been edited by WooTz: Mar 16 2017, 07:40 AM
WooTz
post Mar 16 2017, 08:53 AM


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QUOTE(kmarc @ Mar 16 2017, 08:08 AM)
Good morning cryptocurrency enthusiast! biggrin.gif ETH ATH!!! rclxms.gif
A few reasons. My dash in lending account and being loan out so I can't touch it. Furthermore, from my one month experience in cryptos, the spikes and drops can be dramatic before recovering. Due to lower volume (relative), major players can just come in, shake off all the stops, then push it higher. In poloniex, also noted traders complaining that their stop limits don't work sometimes. Lastly, I never use stop limits before so have to learn first biggrin.gif
Wow! Volume higher that BTC. rclxms.gif Of course, no fight in terms of total value but has this happened before? I noticed people also talking about the reduction in overall percentage of BTC, showing that money is flowing to other cryptos.
*
GDAX probably filled with fresh fiat deposits, now trader is arbing their way to price rationality

It's fluctuating by the dollar, $36,37,38,39 under 15 minutes. Oh my god this is happening for real.

Another interesting development is occurring in the US, sounds like they're legitimizing ICOs on Ethereum.

https://www.cooley.com/news/insight/2017/20...ockchain-shares

The bullish news keeps coming.

This post has been edited by WooTz: Mar 16 2017, 09:36 AM
WooTz
post Mar 16 2017, 09:57 AM


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QUOTE(kmarc @ Mar 16 2017, 09:39 AM)
Waaaww! Look at ETH! Ya, this is really happening and I'm also part of it. rclxms.gif As with any bulls, how I wished I had loaded up more on ETH when it was USD 17. So cheap!!!

Thx to your recommendation, did load up a bit. Next time I millionaire from cryptos I will also belanja u makan. smile.gif
*
Another bull flag forming, I need to take a break from all this.

For context, last Sunday I was shocked we hit $23 with the banks closed. And here we are.
WooTz
post Mar 16 2017, 11:07 AM


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QUOTE(piscess16 @ Mar 16 2017, 11:01 AM)
ytd i have study ETH from this year JAN until Today already grow 300% right?

then u have keep ETH coin ?
*
I'm up 800% from my first ETH back in feb last year.

Yes, it's kept safe and sound. Not selling until Casper is live.
WooTz
post Mar 16 2017, 11:28 AM


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Once ETH breaches $40, shorts will get liquidated and we'd rocket towards $50 in no time.

Let's hope that doesn't happen too soon

Edit: aaaaaand it reached $40

Guys word of caution here, this is uncharted territory

Buy at your own risk.

This post has been edited by WooTz: Mar 16 2017, 11:38 AM
WooTz
post Mar 16 2017, 12:03 PM


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QUOTE(piscess16 @ Mar 16 2017, 11:52 AM)
rclxms.gif then the time u hold the ETH price is how much ?

u still on hold the coins ?
*
$4.50, so now it's a solid 900% gain within 13 months

Yup, locked into my hardware wallets.
WooTz
post Mar 16 2017, 12:51 PM


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QUOTE(piscess16 @ Mar 16 2017, 12:13 PM)
wow, then waiting year end grow USD 100, can release the coin, then u are earn over 2k % drool.gif
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When the time comes, I won't have to sell off my main stash, just the staking reward to pay for living expenses.

That threshold is roughly $300/ETH with 1.5% apr
WooTz
post Mar 16 2017, 01:24 PM


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QUOTE(piscess16 @ Mar 16 2017, 01:12 PM)
your ETH is trading or miner ?

and now u have how many ETH brows.gif ?

this morning i also take 0.1 Btc exchange to ETH laugh.gif, around is USD 100
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Neither, I buy with fiat every Sunday

I'm in page 250 of Etherscan, top 6000 holder, for now. My rank drops by the day. Good problem to have.
WooTz
post Mar 16 2017, 01:50 PM


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QUOTE(piscess16 @ Mar 16 2017, 01:44 PM)
:thumbsup: now you also got alot jor thumbup.gif

every week u buy how many ?

so ur mean u want waiting USD 300 only release ur ETH
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Now it's around $350 SGD each week.

At $300 I'll have around RM1,500,000 worth of ETH, still not going to sell, going to keep staking and generate passive income. Sell only the interest.
WooTz
post Mar 16 2017, 02:16 PM


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QUOTE(piscess16 @ Mar 16 2017, 02:00 PM)
now ETH look like keep grow up jor, if ETH will become bitcoin, act up to thousand also can.

and now intel n mircosoft also support ETH right

yes, i have doing a format come out, act not bad the 1.5 cash out.

maybe my Bitcoin also can like that, cash out a amount
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I always try to temper my euphoria by only making conservative estimates. 1.5% return if all rushing to Stake, which would likely be the case, average can expect 3-5%. That means I can expect lower ETH price before I'm financially independent.

Not just EEA now, Japan is also going all out with blockchain. If you read anything related with Consensys, it's all about Ethereum.

https://www.cryptocoinsnews.com/japanese-bl...wareness-banks/


Only thing left is China adopting it and adding ETH on all exchanges, then the rest of the planet will follow.
WooTz
post Mar 16 2017, 04:12 PM


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QUOTE(wengherng @ Mar 16 2017, 03:24 PM)
Number of coins is not important......most important is how much they are worth! biggrin.gif
Not sure why......the BTC price today on Poloniex is lower than many other exchanges. Damn.
I didn't know that China has not adopted ETH on its exchanges?
You mean that the people in China have no access to buy ETH?
*
So far I'm only seeing Yunbi with $10,000,000 volume.

And that's it, no okcoin, no BTCC, no Huobi

Let's see how long can they remain stubborn as their competitor making bank on a daily basis.

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