If it keep rising in the coming months.....

Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.
|
|
Jun 12 2017, 06:30 PM
Show posts by this member only | IPv6 | Post
#141
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
4,333 posts Joined: Jan 2003 |
At the price of $411, my Genesis ETH mining contract will net $10K per year.
If it keep rising in the coming months..... ![]() |
|
|
|
|
|
Jun 12 2017, 06:36 PM
|
![]() ![]()
Junior Member
236 posts Joined: Jul 2007 From: Penang |
sigh why everytime there is a bull run I'm stuck at work ...
|
|
|
Jun 12 2017, 06:36 PM
Show posts by this member only | IPv6 | Post
#143
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL |
cloud mining is not profitable, there is element u call scam/fraud. they can walk away.
u pay your own hardware, trust nobody. Not 1st time cloud mining is doing such. |
|
|
Jun 12 2017, 06:38 PM
|
|
Elite
14,576 posts Joined: May 2006 From: Sarawak |
QUOTE(mois @ Jun 12 2017, 02:52 PM) Nope but they can order if I wanted itQUOTE(PrincZe @ Jun 12 2017, 03:18 PM) does lending really make money? i dont know how much profit will rake in. Some but not much. It depends on the lending rate and how much you lend out. A lot of coins are stuck at 0.0001% because some whale got nothing to do and put thousands to millions of coins at that rate.i get it earn the interest, but at what scale. my own thoughts I just checked my BTS lending history. Made 380 coins so far. Most of the time very few coins but past 2 days already 200+ coins. Depends on rate and demand. QUOTE(goldfries @ Jun 12 2017, 04:26 PM) What makes you think ROI is 4.5 months when hashrate is fixed and difficulty rises? Nice video and informative! I just made a video on this last night. Projection looking great? Think again. Goldfries, you should open a mining thread in hardware section!!! If your purpose was to reduce the euphoria or discourage mining, you were successful! I think I will hold on my plans for mining and become loan-shark first. This post has been edited by kmarc: Jun 12 2017, 06:41 PM |
|
|
Jun 12 2017, 06:41 PM
|
|
Elite
14,576 posts Joined: May 2006 From: Sarawak |
Damn, this is the second time ETH made a run and causes altcoins to drop. Even BTC dropped. I'm not used to this new scenario and there goes my strategy of deep sea fishing when BTC makes a run.
|
|
|
Jun 12 2017, 06:46 PM
Show posts by this member only | IPv6 | Post
#146
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,217 posts Joined: Mar 2016 |
|
|
|
|
|
|
Jun 12 2017, 06:53 PM
|
|
Elite
14,576 posts Joined: May 2006 From: Sarawak |
Hmmmm... another correction in progress?
Really missed trollbox..... |
|
|
Jun 12 2017, 06:57 PM
Show posts by this member only | IPv6 | Post
#148
|
![]() ![]()
Junior Member
83 posts Joined: Jun 2012 |
Anyone thinking into going into cloud mining should really google and go through the reviews, most of em are scams and many people have fallen into it and didnt breakthrough.
|
|
|
Jun 12 2017, 07:01 PM
Show posts by this member only | IPv6 | Post
#149
|
![]() ![]() ![]() ![]() ![]()
Senior Member
701 posts Joined: Jan 2011 |
|
|
|
Jun 12 2017, 07:03 PM
Show posts by this member only | IPv6 | Post
#150
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
4,333 posts Joined: Jan 2003 |
QUOTE(denimblue @ Jun 12 2017, 06:46 PM) Damn, I can only afford a one-year 10MH/s ETH mining contract with HashFlare at $198 (after 10% discount with your link). First of all, thanks for using my link to subscribe to HashFlare.You are wise to limit yourself to only investing with what you can afford to lose. Not everybody is like Jack2, who can make sizeable investment decisions on the spot. Again, my thanks to Jack2 for using my Genesis link. |
|
|
Jun 12 2017, 07:12 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,683 posts Joined: Dec 2011 |
QUOTE(WooTz @ Jun 12 2017, 05:12 PM) Story time folks. Last year January in 2016, a few things happened. We had a contentious scaling event with Bitcoin, Bitcoin Classic was among one of the solution to address it. I poured money setting up Classic full nodes, and looked at genesis mining, they mentioned they'll support Bitcoin classic! I was like great! Let me buy some hashpower to help! Deposited 0.8 BTC with full intention of not seeing anything back. Then at feb 2016 they 180 degrees on Classic and that was that. The daily payout only lasted 4 months, and no, forget about getting half of my coins back. It was like 0.001......0.00001.......0.00000001......then nothing Poof, bye bye 0.8 BTC Then I diversified some money, like US$4000 into bnktothefuture, their plan very straightforward. 1/3 goes to cloud mining (haha reality haven't hit back then) 1/3 goes to hodling Bitcoin 1/3 goes to buying up a bunch of Bitcoin related companies Same story, 0.0001.....0.00001......0.000001 and poof Only Bitcoin core holding and some shares went up big time, barely covering that $390,000 fcuk up Any more questions? QUOTE(wengherng @ Jun 12 2017, 05:24 PM) ok big whale brother.. we will follow you~~ ETHER~QUOTE(WooTz @ Jun 12 2017, 05:57 PM) Settle down Ether, you're scaring even myself. no need condo, just purchase a villa by next year I was expecting my next condo purchase by June next year, not next month QUOTE(WooTz @ Jun 12 2017, 06:15 PM) villa~~~ |
|
|
Jun 12 2017, 07:13 PM
|
![]() ![]()
Junior Member
288 posts Joined: Dec 2008 |
Crazy volatile BTC. I can't imagine some merchant accepting BTC throughout the day to find that they have been losing money because the price decided to dip at the end of the day.
This post has been edited by wiisg: Jun 12 2017, 07:14 PM |
|
|
Jun 12 2017, 07:18 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,625 posts Joined: Nov 2007 From: Hornbill land |
|
|
|
|
|
|
Jun 12 2017, 07:53 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
2,955 posts Joined: Sep 2009 |
QUOTE(jack2 @ Jun 12 2017, 04:17 PM) QUOTE(raynman @ Jun 12 2017, 04:47 PM) You can even withdraw it on a daily basis if you so wish. I know this might sound silly but could i please ask u guys a few questions ?I plan to withdraw on a weekly basis to save some transaction fees. If you purchase the contract with credit card, they will hold your withdrawal for the first 30 days for security reasons. Was checking out Genesis-mining and realised that they did not disclose how many ETH would one get on average per day for each package. Anyway that i could get this info ? Presuming that i sign up for the medium package 30/MHs, how many ETC do i expect to get ? |
|
|
Jun 12 2017, 07:55 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
Lol bitcoin getting hanmered badly in poloniex
|
|
|
Jun 12 2017, 08:00 PM
Show posts by this member only | IPv6 | Post
#156
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
4,333 posts Joined: Jan 2003 |
QUOTE(shankar_dass93 @ Jun 12 2017, 07:53 PM) I know this might sound silly but could i please ask u guys a few questions ? Let me try to answer your question.Was checking out Genesis-mining and realised that they did not disclose how many ETH would one get on average per day for each package. Anyway that i could get this info ? Presuming that i sign up for the medium package 30/MHs, how many ETC do i expect to get ? The number of ETH tokens mined per 1MH/s hashpower is dependent on the prevailing difficulty factor and the size of the mining pools used. That's why they cannot give you a fixed figure of the number of ETH tokens mined per unit hashpower. If the price of ETH goes up faster than the mining difficulty factor, you don't have to worry too much. |
|
|
Jun 12 2017, 08:10 PM
|
![]() ![]() ![]() ![]() ![]()
Junior Member
914 posts Joined: Mar 2011 |
Just bought some ETH... Hopefully it can go up in these couple of days
This post has been edited by rickyro: Jun 13 2017, 04:28 PM |
|
|
Jun 12 2017, 08:11 PM
|
![]() ![]()
Junior Member
280 posts Joined: Jun 2012 |
Guys, in ultra volatile times like this, would it be smart for me to keep my ETH on an exchange rather than MEW to allow for a faster cashout in the event I believe the ETH will crash?
Exploring all the options. I see myself as a long term holder.. but as I said, exploring all options. Thanks |
|
|
Jun 12 2017, 08:12 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
2,955 posts Joined: Sep 2009 |
QUOTE(raynman @ Jun 12 2017, 08:00 PM) Let me try to answer your question. Nice, I've just started watching a few videos on Youtube about genesis mining. The number of ETH tokens mined per 1MH/s hashpower is dependent on the prevailing difficulty factor and the size of the mining pools used. That's why they cannot give you a fixed figure of the number of ETH tokens mined per unit hashpower. If the price of ETH goes up faster than the mining difficulty factor, you don't have to worry too much. What I'm worried now is that what happens if the level of difficulty of mining ETH goes up drastically and the price of ETH goes down ? I'll be doomed lol |
|
|
Jun 12 2017, 08:15 PM
|
![]() ![]()
Junior Member
236 posts Joined: Jul 2007 From: Penang |
what price point for btc long position re-entry ?
Don't tell me its gonna hit low 2600 T_T |
| Change to: | 0.0325sec
0.24
6 queries
GZIP Disabled
Time is now: 28th November 2025 - 03:12 AM |