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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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thesnake
post Jun 14 2017, 02:10 PM

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QUOTE(Mali @ Jun 14 2017, 02:04 PM)
wow, u guys throw so much into cloud mining, what gonna happen if eth switch to pos?
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change from POW to POS, any impact on mining?
chuckiee
post Jun 14 2017, 02:11 PM

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I believe for genesis it would be better to exchange code with each other so that both can benefits from the bonus hash rate. I've been doing that at reddit.
Chelsea-Fan
post Jun 14 2017, 02:11 PM

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QUOTE(thesnake @ Jun 14 2017, 02:10 PM)
change from POW to POS, any impact on mining?
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From genesis mining website

The Ethereum mining plans will run for a maximum of 24 months, however, should Ethereum (“ETH”) switch to proof-of-stake before the end of the term, we will use the leased hardware on a best-effort basis to mine the most profitable coin with that hardware for you. Please refer to the contract for further details.

not sure how profitable is the other coins. Anyway if can mine for another 4th month, then it is no different than buying directly from exchange now. After 4th month onwards, it is a bonus.

This post has been edited by Chelsea-Fan: Jun 14 2017, 02:24 PM
lipfung
post Jun 14 2017, 02:12 PM

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Too much green on Zcash.. hmm.gif
SUSraynman
post Jun 14 2017, 02:14 PM

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QUOTE(jack2 @ Jun 14 2017, 02:07 PM)
Oh no... raynman
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I have sent an email to Genesis support regarding the switch from PoW to PoS.

Let's see what they say.

BTW, Buterin hasn't made any official announcement on the date yet.

Everyone is speculating.

SUSraynman
post Jun 14 2017, 02:16 PM

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QUOTE(Chelsea-Fan @ Jun 14 2017, 02:11 PM)
From genesis mining website

The Ethereum mining plans will run for a maximum of 24 months, however, should Ethereum (“ETH”) switch to proof-of-stake before the end of the term, we will use the leased hardware on a best-effort basis to mine the most profitable coin with that hardware for you. Please refer to the contract for further details.

not sure how profitable is the other coins. Anyway if can mine for another 3 month, then it is no different than buying directly from exchange now. After 3rd month onwards, it is a bonus.
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Thanks.

Guess I don't need to wait for Genesis's reply. smile.gif

WooTz
post Jun 14 2017, 02:16 PM


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What a shitshow

https://blog.bitmain.com/en/uahf-contingenc...an-uasf-bip148/

I'm going to standby all coins in exchanges and cash out some in preparation of this scaling circus.

If you want the cheapest Bitcoin and Ether possible, stay tuned. It's coming fast

Mali
post Jun 14 2017, 02:17 PM

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QUOTE(Chelsea-Fan @ Jun 14 2017, 02:11 PM)
From genesis mining website

The Ethereum mining plans will run for a maximum of 24 months, however, should Ethereum (“ETH”) switch to proof-of-stake before the end of the term, we will use the leased hardware on a best-effort basis to mine the most profitable coin with that hardware for you. Please refer to the contract for further details.


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and they convert to eth?
blueblueoutofblue
post Jun 14 2017, 02:18 PM

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QUOTE(WooTz @ Jun 14 2017, 02:16 PM)
What a shitshow

https://blog.bitmain.com/en/uahf-contingenc...an-uasf-bip148/

I'm going to standby all coins in exchanges and cash out some in preparation of this scaling circus.

If you want the cheapest Bitcoin and Ether possible, stay tuned. It's coming fast
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is it mean i have to sell everything now bye.gif
SUSAllnGap
post Jun 14 2017, 02:19 PM

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QUOTE(WooTz @ Jun 14 2017, 02:16 PM)
What a shitshow

https://blog.bitmain.com/en/uahf-contingenc...an-uasf-bip148/

I'm going to standby all coins in exchanges and cash out some in preparation of this scaling circus.

If you want the cheapest Bitcoin and Ether possible, stay tuned. It's coming fast
*
when's the date ?
another fork ya ???

Chelsea-Fan
post Jun 14 2017, 02:19 PM

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QUOTE(Mali @ Jun 14 2017, 02:17 PM)
and they convert to eth?
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If you use ETH package to mine other coins (after ETH gone into Proof of Stake), you will get the other coins as payout.

Atfer that transfer to exchange to trade into bitcoins and cash.


thesnake
post Jun 14 2017, 02:22 PM

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QUOTE(WooTz @ Jun 14 2017, 02:16 PM)
What a shitshow

https://blog.bitmain.com/en/uahf-contingenc...an-uasf-bip148/

I'm going to standby all coins in exchanges and cash out some in preparation of this scaling circus.

If you want the cheapest Bitcoin and Ether possible, stay tuned. It's coming fast
*
any idea when this will be? luckly i havent buy into ETH yet, was waiting for correction since ages ago
blueblueoutofblue
post Jun 14 2017, 02:23 PM

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QUOTE(AllnGap @ Jun 14 2017, 02:19 PM)
when's the date ?
another fork ya ???
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i read... it said "

According to BIP148, when the chain MTP is at or beyond Tuesday August 1st, 2017 12:00:00 AM GMT (epoch time 1501545600), BIP148 nodes will begin to orphan Bitcoin blocks not signaling Bit 1 at its UASF forking point.
TheReaderReads
post Jun 14 2017, 02:24 PM

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QUOTE(WooTz @ Jun 14 2017, 01:43 PM)
Yes, only ETH I believe they'll support both BTC and ETH

Mininum 0.05 ETH for the June 24th token sale

But be advised, this will be heavily swamped.

So if you're serious about acquiring the cheapest token possible, pay the premium in fees, it'll be worth it once you flip some on the exchanges.

I recommend setting 100Gwei ($50 at $397 ETH) for gas price and preset the transaction on the starting block/time.
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I was reading up their whitepaper, but I don't see any instructions available on how to proceed with this contribution. will they release the instructions just like status.im 24 hours before sales start?

can I transfer ETH from MEW, PARITY to their address and get the token like what happen in BANCOR?
WooTz
post Jun 14 2017, 02:24 PM


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QUOTE(AllnGap @ Jun 14 2017, 02:19 PM)
when's the date ?
another fork ya ???
*
August 1st, looks like a chain split is all but confirmed.

All of you guys should take profits and soon.

I don't know how long this war will last.
kaicherc
post Jun 14 2017, 02:26 PM

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can anyone pm/ invite me to a group chat ? would like to join . Thank YOu!
Chelsea-Fan
post Jun 14 2017, 02:28 PM

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QUOTE(WooTz @ Jun 14 2017, 02:24 PM)
August 1st, looks like a chain split is all but confirmed.

All of you guys should take profits and soon.

I don't know how long this war will last.
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I don't understand, is it bad for bitcoins and ether?

This post has been edited by Chelsea-Fan: Jun 14 2017, 02:28 PM
TheReaderReads
post Jun 14 2017, 02:28 PM

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QUOTE(WooTz @ Jun 14 2017, 02:16 PM)
What a shitshow

https://blog.bitmain.com/en/uahf-contingenc...an-uasf-bip148/

I'm going to standby all coins in exchanges and cash out some in preparation of this scaling circus.

If you want the cheapest Bitcoin and Ether possible, stay tuned. It's coming fast
*
wait?!

I remember when I first join the crypto scene last week under your guidance, u said I miss the USD110 ETH sales

they will have another one again?

when?
WooTz
post Jun 14 2017, 02:28 PM


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QUOTE(TheReaderReads @ Jun 14 2017, 02:24 PM)
I was reading up their whitepaper, but I don't see any instructions available on how to proceed with this contribution. will they release the instructions just like status.im 24 hours before sales start?

can I transfer ETH from MEW, PARITY to their address and get the token like what happen in BANCOR?
*
They'll update within 24 hours from sale, yes all ICOs work that way.

Be sure to juice up the gas price to avoid disappointment.

Someone bought 5000 ETH in presale a few hours ago, another at 2850 ETH, hot hot hot!

This post has been edited by WooTz: Jun 14 2017, 02:29 PM
blueblueoutofblue
post Jun 14 2017, 02:30 PM

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QUOTE(WooTz @ Jun 14 2017, 02:24 PM)
August 1st, looks like a chain split is all but confirmed.

All of you guys should take profits and soon.

I don't know how long this war will last.
*
what do you think, keep it in Altcoin or cash out in USD?

QUOTE(Chelsea-Fan @ Jun 14 2017, 02:28 PM)
I don't understand, is it bad for bitcoins and ether?
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it is bad for bitcoin, if the war ongoing on bitcoin, it will affect.. other as well..

QUOTE(TheReaderReads @ Jun 14 2017, 02:28 PM)
wait?!

I remember when I first join the crypto scene last week under your guidance, u said I miss the USD110 ETH sales

they will have another one again?

when?
*
1 Aug

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