Search content
Sort by

Showing 20 of 20 results by Bitmate
Post
Topic
Board Altcoin Discussion
Re: What coin do you HOLD in 2018?
by
Bitmate
on 18/08/2018, 10:26:45 UTC
the same opinion, Hold ETH

Maybe BCH and ZEC or XMR.
Post
Topic
Board Altcoin Discussion
Re: What coin do you HOLD in 2018?
by
Bitmate
on 02/05/2018, 18:09:19 UTC
I hold BCH, BTC, ETH.
Post
Topic
Board Altcoin Discussion
Re: What coin do you HOLD in 2018?
by
Bitmate
on 17/03/2018, 18:20:57 UTC
At the moment i am holding 3 different coins:
Matrix Ai Network tokens (maybe worth holding till their project is working).
Viberate (I like the company itself because they are implying block chain technology to the music industry: learn more here: www.viberate.com).
Ethereum (This coin will never be out of my list because it's really valuable in the market and I think it can still grow even more).

I do not hold these coin. My holding are the Bitcoin, Ethereum and the Bitcoin Cash.
Post
Topic
Board Speculation (Altcoins)
Re: Who earns from a coin dump?
by
Bitmate
on 06/11/2017, 10:01:02 UTC
does anyone know if we can short in Bittrex ? and is there margin in bittrex ? i check everythin but i coundt see it.
if there is we can earn more money than long.

when a altcoin pump enough than it s time to for short !

You cannot short there.
Post
Topic
Board Speculation (Altcoins)
Re: Who earns from a coin dump?
by
Bitmate
on 24/09/2017, 19:03:17 UTC
Just to understand, I do not see the possibility of short selling on exchanges...



There are many people who can do that, any trader can make money from a dump coin. It is important, they have enough brains to decide when to buy and sell it. It is difficult to make the best profit when trading.

I think it is very difficult to determine the good timing. The coin price can be manipulated easily.
Post
Topic
Board Speculation (Altcoins)
Re: Who earns from a coin dump?
by
Bitmate
on 15/07/2017, 13:12:30 UTC
Just to understand, I do not see the possibility of short selling on exchanges...



In Poloniex, you can borrow ETH and sell then buy them back.
Post
Topic
Board Mining (Altcoins)
Re: problem with L3 to hot
by
Bitmate
on 21/05/2017, 13:34:19 UTC
hi i have the L3 miner now for 1 month and till yesterday running well but now is down because high temperatur.
did someone know something how to fix this...... software show after 24hour 85grad and because of that miner goes on and out did someone have the same problem
regards

Can you use extra desk top fan to blow air into that?
Post
Topic
Board Mining (Altcoins)
Re: Review of Panda Miner coming up.
by
Bitmate
on 28/02/2017, 12:36:28 UTC
Looks like we'll be able to build our own Panda-style rigs:

https://world.taobao.com/item/544785390901.htm?fromSite=main&spm=a230r.1.14.18.t29JEc&ns=1&abbucket=12#detail

Please someone share the link to corresponding MXM-modules available for purchasing.  Smiley

Thats a PCIe to 5 MXM expansion card/splitter/riser. Not many motherboards would support that, if any at all. We cant even get the 1 to 3 slitter to work fully.

that costs $142.
Post
Topic
Board Economics
Re: The Future of Money?
by
Bitmate
on 31/12/2016, 16:45:47 UTC
The aspect I like most about bitcoin is that it is not controlled by any government or one specific political philosophy....It is an all inclusive platform and doesn't exclude people from participating in the network....I'm not worried about the elites manipulating bitcoin because Pandora's box has already been opened here and it can't be stopped now....It puts the control back into the hands of the people who actually own the money....banks must hate bitcoin!

If the block confirmation time is long long, many people will not use bitcoin.
Post
Topic
Board Economics
Re: The Future of Money?
by
Bitmate
on 25/11/2016, 17:59:58 UTC
One might say that bitcoin is one of the pioneers of the future money. With sophisticated systems I am confident future technologies will continue to develop the bitcoin.

I just hope the current developers can listen to the good advices from the community, otherwise it is bad for bitcoin.
Post
Topic
Board Economics
Re: The Future of Money?
by
Bitmate
on 26/10/2016, 17:09:51 UTC
Actually they can pre-mine the coin and well, if they are creating a coin, for sure they will make things like put your name on the wallet and track all your transactions, don't matter how the future will be, for sure the government will regule your life and you will have to pay taxes.

Exactly, no government would accept a currency as their own if they have no access on it at all, if bitcoin is legalized it would probably be an alternative currency but the main currency of a country always be the ones that is in control of government.
Yeah it's going to be regulated and controlled by goverments if ever it becomes mainstream and bitcoin may have a lot of changes by then. But i think fiat would still be the one in control of the market. I think it hold is too firm on people that some may have a hard time moving to an alternative

I think the governments will not regulate the bitcoin itself. They will only regulate the ownership of the bitcoin.
Post
Topic
Board Altcoin Discussion
Re: ETC now number one coin in Poloniex (surpasses ETH in volume)
by
Bitmate
on 20/10/2016, 07:27:25 UTC
I haven't checked but even if it is by a small margin, is still not worth it unless you convert to ETH as soon as you mine anything, because growing potential is not really there. Also, 2x 390 you'll have about 500+ power consumption, but you can lower voltage untill it is not stable anymore.

At the current rate of rise of the difficulty, the Etheruem mining with the R9 390 will soon be unprofitable.

That is right. If your electricity price is more than 0.2 dollar per kWh, it will be not profitable in the next few days.
Post
Topic
Board Altcoin Discussion
Re: ETC now number one coin in Poloniex (surpasses ETH in volume)
by
Bitmate
on 05/10/2016, 09:37:58 UTC
but ethereum ETH still the best with comapare ETC etherum classic

More likely ETH now back at 1 billion dollar market cap level for the nth time.

The Etheruem market cap is already $1143 million. So it is a 1 billion dollar block chain again. I think it will be 2 B soon.
agreed. Too much gud news coming out of devcon2.

I wish good news about ETH really never stops.

Some good news:
http://fortune.com/2016/10/04/jp-morgan-chase-blockchain-ethereum-quorum/
Why J.P. Morgan Chase Is Building a Blockchain on Ethereum

It’s called “Quorum.”
J.P. Morgan Chase is developing a [Suspicious link removed]monly referred to as a public ledger, atop a crypto-network called Ethereum.

The system, dubbed “Quorum,” is designed to toe the line between private and public in the realm of shuffling derivatives and payments. The idea is to satisfy regulators who need seamless access to financial goings-on, while protecting the privacy of parties that don’t wish to reveal their identities nor the details of their transactions to the general public.

Amber Baldet, blockchain lead for J.P. Morgan  JPM 0.14% , introduced the project in a technical steering committee meeting of the Hyperledger Project, a year-old off-shoot of the Linux Foundation that collaboratively researches blockchain tech, at the end of last month. She said the team had chosen to work with Ethereum, despite recent challenges, likely alluding to a recent hacking incident, because it has been around a while and banks are familiar with it. (You can read Fortune’s recent feature on Ethereum-creator Vitalik Buterin in the “40 Under 40” issue of the magazine.)

Unlike the open free-for-all that is Bitcoin, in which anyone with a computer can participate in the network, the nodes that run Quorum must receive permission from some higher authority to join. In many bankers’ view, this gateway prevents corrupt or malicious operators from entering the system. Critics, meanwhile, counter that requiring permission bucks the main benefit of a blockchain: enabling untrusted parties to interact.


In practice, J.P. Morgan’s Quorum is a modification of the Go Ethereum client, a popular software program that supports the Ethereum network. Quorum features an updated consensus mechanism, the process by which different computers agree on the order and legitimacy of transactions on the network, created by Jeffrey Wilcke, one of the founders of Ethereum and developer of the Go client.

In effect, Quorum has two layers of consensus on a single blockchain, meaning two ways of reaching agreement about its transaction records, both stored on one distributed database, or blockchain. The first layer verifies public data, and the second layer verifies private details.

“We get the best of both worlds,” said David Voell, engineering lead for J.P. Morgan’s corporate and investment banking group, during the Hyperledger presentation. The technology swaps out private transaction data for cryptographic hashes, condensed and scrambled versions of that data, which conceals their true contents. Both the public and private data reside on the blockchain, but they’re parsed separately, he said.

“The key to this whole thing, again, is a single blockchain of everyone continuously checking the integrity,” Voell said. And yet there is still a “clear separation between private and public,” he added.

The slideshow, available online on Google Drive, presented the system as “a permissioned implementation of Ethereum supporting data privacy.” (An audio recording of the presentation is available here.)

The banking sector has been touting blockchain tech as a possible way to cut costs and revamp back-office IT functions.

Get Data Sheet, Fortune’s technology newsletter.

J.P. Morgan has also worked on a project called Juno, another distributed ledger that emphasizes scalability in its design. At the same time, a number of companies are building private blockchains, including R3, Chain, and Digital Asset Holdings.

“We have people building the most stress-tested financial systems in the world,” Baldet told the Wall Street Journal. “Bringing that enterprise expertise [to blockchain] is one of our strengths.”

The J.P. Morgan representatives on the call said they plan to open source the documentation and code base behind Quorum by the end of the year.
Post
Topic
Board Altcoin Discussion
Re: ETC now number one coin in Poloniex (surpasses ETH in volume)
by
Bitmate
on 21/09/2016, 17:29:40 UTC
but ethereum ETH still the best with comapare ETC etherum classic

More likely ETH now back at 1 billion dollar market cap level for the nth time.

The Etheruem market cap is already $1143 million. So it is a 1 billion dollar block chain again. I think it will be 2 B soon.
Post
Topic
Board Altcoin Discussion
Re: ETC now number one coin in Poloniex (surpasses ETH in volume)
by
Bitmate
on 10/09/2016, 17:02:37 UTC
Both ETH and ETC are dropping. It seems that the hot money on these coins have moved to DASH and XMR. The volume of DASH and XMR is increasing and the price of these coins are slowly increasing. ETH and ETC is done for now.

The combined volume of ETC and ETH is just around 7000 now in Poloniex. The volume ratio to the DASH and XMR has reduced.

The trading volume of ETC and ETH has reduced significantly in the last few weeks. The Monero is the number 1 now.

That's just a temporary pump, as we see in many shitty altcoins. Don't worry soon the two main jewels of the smart contract crown will shine as they used to do.

Yeah we cannot put ETH and ETC down, I expect they will shine again as bright as the star in the sky at night.

The ETC price is controlled by the Ethereum Foundation and the hacker. If they want to the price down, it will go down.
Post
Topic
Board Altcoin Discussion
Re: ETC now number one coin in Poloniex (surpasses ETH in volume)
by
Bitmate
on 27/08/2016, 16:10:45 UTC
Both ETH and ETC are dropping. It seems that the hot money on these coins have moved to DASH and XMR. The volume of DASH and XMR is increasing and the price of these coins are slowly increasing. ETH and ETC is done for now.

The combined volume of ETC and ETH is just around 7000 now in Poloniex. The volume ratio to the DASH and XMR has reduced.

The trading volume of ETC and ETH has reduced significantly in the last few weeks. The Monero is the number 1 now.
Post
Topic
Board Altcoin Discussion
Re: ETC now number one coin in Poloniex (surpasses ETH in volume)
by
Bitmate
on 11/08/2016, 10:20:18 UTC
I'm also mining ETC atm... But price is too unstable, i mine directly at exchange address and instantly dump coins

I know rthe price is unstable and i started mining the other day straight to an exchange and just dumped them as soon as i got them since i just wanted to make an instant profit, I since then moved back to ETH but changed my mind and went back over to ETC again and although the price is a bit chaotic i think im just going to mine and hold onto whatever i get and see what happens. You nevcer know, maybe ETH will kick the bucket and ETC will become the king of ethereum as it once was.

The ETC/ETH price has dropped in the last few days. The hash rate also decreased. The investors are wating for the ETC dump.
Post
Topic
Board Altcoin Discussion
Re: ETC now number one coin in Poloniex (surpasses ETH in volume)
by
Bitmate
on 30/07/2016, 09:14:10 UTC
I'm also mining ETC atm... But price is too unstable, i mine directly at exchange address and instantly dump coins

That was what I did a few days ago, but no any more. The price is too unstable. It is very manipulated.
Post
Topic
Board Speculation
Re: Price settling at $420.
by
Bitmate
on 18/07/2016, 13:35:27 UTC
The price is settling around the $630 at the moment. I think the price will be here before the halving. It might rise after.

I think it is good for the price to trade within a certain range. That is to absorb some profit taking after recent big rise.

That is right. As long as there is no big bubble and the price of bitcoin rises year after year, it is fine.

The bitcoin block size is to be increased soon, that could improve the user experience and raise the price.

The bitcoin developers are still testing that. After through test, they will release to the public soon.
Post
Topic
Board Speculation
Re: Price settling at $420.
by
Bitmate
on 22/06/2016, 14:46:44 UTC
I happen to think the odds are far greater in favor of BTC going to $5000 than it going to $5 actually. So I partially disagree.
I do agree though that you should not invest more than you can afford to lose, but that goes for pretty much any investment.

I also think so. If there is no major flaw found in the bitcoin, its price will rise with the increase of users in the future.