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The only way to avoid the ICO Project Scam is to do analysis. We can do analysis by searching for information on various websites and forums. Besides that, following various developments in information in a community can help us monitor what points will help the project develop.
When there is something suspicious then we should avoid the ICO project, keep the assets we have and it will help us to get closer to success.
Analysis for each project is a good idea at this time because any project will be very risky and can cause you to lose a lot of assets in a short time. I personally believe that investing in ICO projects is not the best time choice and you should go back in 2019 because the opportunity to make a profit is higher.When there is something suspicious then we should avoid the ICO project, keep the assets we have and it will help us to get closer to success.
I think I will take part in ICO if it is permitted by government agencies such as SEC.
Invest in the Cryptocurrency market by choosing among the top 100 subcoins. I know there are lots of scam projects but there are many platforms that have the potential to grow in the future. see, for example, Neo, Eos and Komodo platforms. These platforms have community support.
Do you think Bitcoin Cash is also a good platform?
Surprised to see this thread bumped up. Almost forgot I created it last year.
It's funny how it was almost a year later for mining profitability to drastically reduce to the point where we see loads amounts of GPUs all over Craiglists and eBay.
I also wonder too if we will ever get a mining boom again. Even if the ETH and BTC prices finally start going back up, the difficulties are just crazy high to go back to the $5/day/RX 470 profit levels.
In bearish market they are less coins profitable to mine so diff is higher, when prices are going up more coins is profitable and diff is going down a bit or stay the same level. When they are extreamly high profits per card many ppl start buying GPUs and diff start rising again It's funny how it was almost a year later for mining profitability to drastically reduce to the point where we see loads amounts of GPUs all over Craiglists and eBay.
I also wonder too if we will ever get a mining boom again. Even if the ETH and BTC prices finally start going back up, the difficulties are just crazy high to go back to the $5/day/RX 470 profit levels.
So it's normal market process imo.I agree. I just make the GPU work more efficiently, so they will generate less heat.
Re: 2018-05-17 Bitcoin Mining To Use 0.5% Of World’s Energy By End Of 2018, Peer-Rev
In mid-February, it was reported that crypto mining in the country of Iceland would consume more energy than households in 2018
What's the source of the electricity in Iceland? Geothermal renewable
Typical idiot journalism and academic work here. Nowhere does this article mention the reason why cryptocurrency mining uses energy (although a reason is given, which is incorrect).
What would you expect from Cointelegraph.com, though? The article appears to be copy-pasted directly from some other publication anyway, which strongly implies Cointelegraph.com don't employ anyone to check the text in "their" stories, which you'd think would be particularly important when the text has been copied from a different website
I think most of the energy used by the mining farm would otherwise be wasted. The examples are the hydro, solar, wind energy.
Re: Newbie Miner, What are the best coins to mine in 2018 and why?
I'm also newbie to mining about to build a new pc anyone have any tips for a good build for gaming and mining in free time lol thanks
Get some Vega. It is good for XMR mining.
The current market provide a great opportunity for one to pick up good projects at dirty cheap price, though projects are now suffering becasue of he sentiment against ICOs, before ICO sold out in few minutes some even in pre-sale but now the story is different and I think this is good because one of the issue with all these ICOs is over valuation of their project
That is right. But still the ICO is risky as they are not regulated. I would prefer Bitcoin Cash or Bitcoin or even litecoin.
Re: Newbie Miner, What are the best coins to mine in 2018 and why?
If there was a single best coin to mine, everyone would be mining it all the time.
Depends on your situation and what's available around you.
Depends on your situation and what's available around you.
Monero could be a good coin to mine after the PoW change as no ASIC will mine it.
The only thing that will be obsolete is your brain, any video card size can mine most coins.
That is right. The ZCash mining uses very little memory.
I am slowly loosing hope in Bitcoin . The prices of Bitcoin are dropping rapidly in this recent time gap. First , it was because of the boycott of Chinese due to which Bitcoin fell from near 5k USD to say 4.3k USD and now because of JP Morgan ( he called Bitcoin fraud) . Being an economist guy , his words matter a lot when it comes about currency . So now Bitcoin fell down to like 3.5k USD . So this is why I am feeling like investing in other crypto currencies like Ethereum (ETH) as I feel I has the ability to surpass Bitcoin .
Oh maybe by this time you'll not say those words as bitcoin now is increasing drastically. We're now in $4400 and many are hoping for the rally to continue as the Chinese drama is over.
This is a great start for this October and it seems our christmas will be more merrier than ever.
However, eth is also good to invest in if you really don't feel bitcoin now, but I know for sure you'll regret if you sell and buy back again when the price started to increase more.
I think Bitcoin Cash, ETH or XMR are worth buying.
Ark and Lisk are two very good buys going into the end of the year. Good development teams showing real work and progress - check them out for yourselves and see :>
That could be good. But there are some larger cap coins, such as Bitcoin Cash or Ethereum, they might be safer.
Sold alL my ETH.
An old-fashioned crypto.
How did that work out for you? An old-fashioned crypto.
He sold out too early.
Re: For the first time in a while... seems like there is a shortage of miners
@groovy1962
ZCash is alluring for many reasons but it is developed by a company. It's growth and development is less organic than how Bitcoin came up. ZEC just got propped onto Poloniex on day 1 with a hype train for it is Bitcoin 2.0 and we all know the Poloniex effect by now. That slow start emission was a way to jack the price up early. Honestly looking at it if I was a dev I'd be selling all my ZEC early while the price was effectively manipulated and pumped up early for lots of BTC and than buy back in when it is cheap. 10% of all ZEC to ever be mined going to a small group of people is a very high amount of wealth if this were to reach world changing high value. 20% of the first 4 years of mining is 10% of all ZEC to exist due to the halvenings upon halvenings every 4 years. It's something how saying 20% for the first 4 years only downplays the magnitude.
The clones do not suffer in the same way LTC does. LTC only offered 4x quicker block time to speed things up. There was no special interest and possible centralization motives in the development in either coin so LTC just became silver compared to gold.
ZEC devs are a closed group. It's not for the people by the people. It's for the little people, by the big people. ZCL is more of a community coin. Without any radically high founders tax on ZCL they managed to develop a windows wallet before the super professional and well compensated ZEC team. Why are these guys paid so much to continue developing the coin?
Oh one more thing. People like to attack Dash over the instamine and how Evan has 500,000 instamined coins. Well 500k out of 18 million when Dash hits its total circulation is only 2.7% of the total Dash circulation actually. That's nearly 1/4th of 10% in the case of ZEC's pseudo dev instamine
ZCash is alluring for many reasons but it is developed by a company. It's growth and development is less organic than how Bitcoin came up. ZEC just got propped onto Poloniex on day 1 with a hype train for it is Bitcoin 2.0 and we all know the Poloniex effect by now. That slow start emission was a way to jack the price up early. Honestly looking at it if I was a dev I'd be selling all my ZEC early while the price was effectively manipulated and pumped up early for lots of BTC and than buy back in when it is cheap. 10% of all ZEC to ever be mined going to a small group of people is a very high amount of wealth if this were to reach world changing high value. 20% of the first 4 years of mining is 10% of all ZEC to exist due to the halvenings upon halvenings every 4 years. It's something how saying 20% for the first 4 years only downplays the magnitude.
The clones do not suffer in the same way LTC does. LTC only offered 4x quicker block time to speed things up. There was no special interest and possible centralization motives in the development in either coin so LTC just became silver compared to gold.
ZEC devs are a closed group. It's not for the people by the people. It's for the little people, by the big people. ZCL is more of a community coin. Without any radically high founders tax on ZCL they managed to develop a windows wallet before the super professional and well compensated ZEC team. Why are these guys paid so much to continue developing the coin?
Oh one more thing. People like to attack Dash over the instamine and how Evan has 500,000 instamined coins. Well 500k out of 18 million when Dash hits its total circulation is only 2.7% of the total Dash circulation actually. That's nearly 1/4th of 10% in the case of ZEC's pseudo dev instamine
After 4 years it will not be paid by the ZEC miing. So at that time, it could be developed by a larger community.
Re: For the first time in a while... seems like there is a shortage of miners
ZEC is a big ? right now, will it stagnate for years like XMR did and then take off or will it just die?
ZEC and the other Z coins are very profitable right now. If this is stagnation, may we have years of it! (Of course your results with RADEON may be different.)
I will say this -- Z.cash is one of the first genuinely memory hard coins. IT marks the direction of the industry in my opinion.
It is memory hard, but not as hard as expected.
can not because bitcoin just a digital currency , and not always life..
Yes indeed, Bitcoin 'not always life' or it can't to be live forever because it has limited supply and it is just a digital currency and it can lose for the incoming cryptocurrencies or digital currencies in the future because if the bitcoin doesn't improve for this next few years, I'm sure that the users or the community will migrate to another coin.for the bank itself. it will continue to run look both have different functions
The banks can also open business for the bitcoin. That will cut their operating cost.
No. Bank can't disappear. Bitcoin is Anonymous.
My child will get nothing if i die and forget to tell them about my btc address and keys.
My child will get nothing if i die and forget to tell them about my btc address and keys.
That is right. I would like to use banks.
Bank will never be disappeared if they becoming scam lots of people are going to file a case for those owner of a banks, Well from me banks are stsrting adopting bitcoins ad technology base in my country we can deposit our bitcoins into banks.
And what do you think it will come off those possible cases against the banks? Banks and bankers are too powerful they will never suffer the consequences of their actions.These big banks are criminals or help the criminals. Quite a few got fined for doing bad things.
Yeah if you jointly earned from signature campaign and trading then I don't think you need to find other ways to earn bitcoins as both of them will give you descent income regularly.
Though these two are the best ways to earn bitcoin but still if someone is willing to keep earning bitcoins regularly he will have to develop some skills in him as signature campaigns cannot be forever nor trading can earn you profits everyday, so someone should always has another back up option.
The best way to earn the bitcoin is to do a proper job and get paid in the bitcoin or you can buy the bitcoin.
I do not think that will happen anytime soon. In the current world economy, banks are the foundation of money in general, and when I say money in general I refer to fiat money. But the things, of course, can change a lot with time...
Well it is not going to happen either because banks are really stable for a long time for almost centuries. They are already in the economy and they are contributing big part for the wealth of the country. So if bitcoin is going to make the banks disappear then that is going to be a big loss for a government but I don't think banks are able to make bitcoin disappear too.
The bitcoin will not make the banks disappear. The banks can use the bitcoin instead of the fiat, and reduce running cost.
You could try using Circle - they accept VISA credit or debit cards. Just note that the prices will be higher than on the standard exchanges. The same thing goes for localbitcoins - if you want to use cards to buy, you end up paying a bigger premium.
I think the price for debit cards are much lower than credit cards. I might be wrong, but usually card issuers charge a much lower fee for DCs than CCs due to the risk of CCs.
The is the case for the conventional fiat credit/debit cards. Is that the same for the bitcoin debit/credit cards?
Yes I think the bank will not adopt bitcoin as I am sure the bank continues to issue its own system. Bitcoin will not make disappear the bank because the bank has the power of government and as a reference for the economy of a country.
If the banks are allowed to use the bitcoin, they will use it. As that will cut their operating cost and make more profit.
I think the bitcoin will adopt the bitcoin as soon as they are allowed to do so. The obstacle is the central banks.