Post
Topic
Board Mining (Altcoins)
Re: 8th Alt coin thread. Or what to do now that asics are all over the place.
by
dragonmike
on 19/11/2018, 11:41:24 UTC
I do agree that times have definitely been slow in the altcoin world;  mainly because of the overall market being where it has been, and the countless amounts of altcoins that keep getting introduced; as well as the fact that asics/FPGA's have always shown that they basically end up taking over the greater share of earnings and making the gpu's less profitable.....  but to everyone;  remember;  didn't this happen before?   How did we recuperate then?  How do you think it will play out this time?    I smell a similar ride.   The idea is to keep in touch with what actually becomes something;  and what is just there to try and pyramid yourself over someone else and sell off.
This, I think sums it up.
As the blockchain technology enters mainstream, the crypto aspect of it is slowly losing its appeal. Nobody needs a currency in a permissioned blockchain between a set of participants.

The only time crypto actually has a value is when you can use it for something and it inherently carries some sort of value. I completely agree with you about the 95% figure. Most cryptos out there are effectively worthless. Now is about picking the ones that really have something to add to the table.

I'm long BTC, XMR, ETN, RVN & XHV from mining and proceeds thereof, NPXS, BEAN and LINDA for staking. Building up a few BCI for the same reason. Long a bunch of HERO because it's one of the few 2017 ICOs that is regulated, unpretentious, has a real team, a real project and a real product behind it.

I'm hurting like everyone else.