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Showing 14 of 14 results by Casmalum
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Topic
Board Altcoin Discussion
Re: NEW ALT coin which is profitable
by
Casmalum
on 28/10/2018, 07:37:38 UTC
There are too many of them and it seems to me that you will never find the perfect coin. I think that only Ethereum and bitcoin can be suitable for you

If the Bitcoin Cash hard fork successfully in November ,will that be a good investment?
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Topic
Board Altcoin Discussion
Re: Is Zcash worth to invest in it?
by
Casmalum
on 21/06/2018, 08:17:09 UTC
I think the price of this coin will not grow much and it is better to invest in another more promising coin.  I think it's better to invest in EOS.

What do you think of Monero? It is also anonymous coin.
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Topic
Board Altcoin Discussion
Re: Is Zcash worth to invest in it?
by
Casmalum
on 18/04/2018, 17:01:14 UTC
Zcash is a decentralized open source cryptocurrency, just like almost all cryptocurrencies. Zcash pays great attention to confidentiality. This means that the sender and recipient transaction values are hidden in the block chain. Zcash is often compared to another cryptocurrency protected by privacy and security, the so-called Monero . Zcash operations are extremely fast, and sometimes it takes only about 6 milliseconds to validate a transaction. If you like monero cryptocurrency and you invest money in It, Zcash will be a natural choice for investment. They operate on very similar principles, and if the value of Monero increases, the value of the zcash for too increase. Investing in Zcash or Monero is certainly more risky than allocating your money to the stock market, but in the future it can also bring much higher returns.

Agree. ZCash is often good for privacy, as it was the first implementation of Zero-Knowledge Proofs in a cryptocurrency. While not perfect, it solves Bitcoin's problem of fungibility by a long shot. Of course, zk-SNARKS require a trusted setup, which is a threat to decentralization. But, if ZCash adopts the new zk-STARKS technology, then there would be no need for trusted setups, allowing for greater privacy and improved performance on the cryptocurrency.

One thing for sure, is that ZEC has been quite slow in development when compared to other leading coins in the market. Most anon coins like Monero have an official GUI wallet and cross-platform support, while ZEC is having a hard time to do so. Despite this, it has been slowly increasing in value, which means that it could become worth $1,000 and beyond over the long term. The competition would be fierce among many known privacy-centric cryptocurrencies like Monero, ZCash, Komodo, and Dash. Only those which have leading technologies are most likely to succeed in the long term. Just my opinion Smiley

I agree that the ZEC is slow in dealing with the threat of the ASIC mining. It will harm its long term future.
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Topic
Board Altcoin Discussion
Re: Is Zcash worth to invest in it?
by
Casmalum
on 21/11/2017, 18:16:27 UTC
I do have hopes for Zcash, i like the anomimity, i bought a small bag with the sudden rise in price, when listed on Korean exchange.  Then a drop, so i'm holding right now, i have hopes for a pricerise, one decent coin in my opinion.

I also hold the ZCash for the long time. I also mine it.
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Topic
Board Altcoin Discussion
Re: How to Earn Ethereum ?
by
Casmalum
on 17/10/2017, 16:54:07 UTC
Right now the most practical way of acquiring ETH is through the exchanges.  Its price and its difficulty in mining makes it impractical to purchase gpu hardwares plus there is the cost of electricity.  The price of 6 mining rigs is equivalent to at least 17ETH minus the electricity.

It is not very profitable to mine the ETH if your electriicity price is high.
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Topic
Board Altcoin Discussion
Re: Is Zcash worth to invest in it?
by
Casmalum
on 21/08/2017, 18:16:01 UTC
zec isn't offering anything ground breaking as it is and maybe it will go up but what distinguishes it from other altcoins? It's potential isn't really clear, look at Ethereum, you can see clearly what it offers.

Agree. ZCash offers nothing more than adding an additional layer of privacy over your transactions. Given that it is entirely the same as Bitcoin (supply, and underlying codebase), ZEC is just another Bitcoin clone with an additional feature that could've been implemented into the pioneer cryptocurrency in the first place.

I believe that once Bitcoin adopts Schnorr signatures and confidential transactions, it will further increase its privacy and people may tend to use it more than ZEC itself. But despite the facts, it may be worth watching what lies ahead for ZEC as time goes by, especially after the founder's reward period is over, to see its real value in the market.

All ZCash needs is marketing, promotion, and user friendliness, towards making it a mainstream cryptocurrency. But lacking a cross-platform stable wallet with a GUI, may further limit its ability from gaining traction soon. Just my opinion Smiley

I agree with the marketing bit. ZEC need to be used by privacy orientated people.
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Topic
Board Altcoin Discussion
Re: How to Earn Ethereum ?
by
Casmalum
on 04/05/2017, 06:43:05 UTC
After bitcoin, Ethereum is the only coin which has the good demand in the market . You can either buy eth or buy btc or else you already have btc then can swap against Ethereum.

The litcoin or ZCash could be another choice.
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Topic
Board Altcoin Discussion
Re: How to Earn Ethereum ?
by
Casmalum
on 23/02/2017, 11:24:24 UTC
Making money from fiat is the way to make bitcoin or ethereum, if you work hard, and find part-time job in ethereum community, you will earn ETH.

I mine the ETH directly.
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Topic
Board Mining (Altcoins)
Re: Most profit coins today
by
Casmalum
on 04/01/2017, 14:08:57 UTC
I've switched my rigs to Monero(XMR) due to the current price peak! Let's hope the profitability stays high for a long period
Currently is around 1.3$/day for each RX 480

I think XMR is quite profitalbe now.

Now i've switched back to ETH due to yesterday pump. Every day it's a lottery !

It is still the best.
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Topic
Board Mining (Altcoins)
Re: Claymore's ZCash AMD GPU Miner v9.1
by
Casmalum
on 20/12/2016, 08:52:38 UTC
Less than 3 hours to new version Cheesy

Who sad that ?

Quote from: Claymore on December 18, 2016, 11:55:42 AM
I will release new version in 1-2 days. Not all cards will get speedup, but at least Hawaii and Polaris will.

Maybe a few more hours.
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Topic
Board Economics
Re: Earning a living from cyptocurrency options trading
by
Casmalum
on 26/11/2016, 10:47:02 UTC
I thought to live in the world, you must have a job that gives you a fixed income, to pay for daily necessities, while trade does not give a fixed income?

Unless you are a professional trader. Otherwise, it is better not to trade to make a living. It is not reliable.
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Topic
Board Economics
Re: Earning a living from cyptocurrency options trading
by
Casmalum
on 28/10/2016, 11:20:03 UTC
There is an opportunity as well a problem, because the potencial earnings are as well potencial loss, there is no way to bitcoin have sure of anything, with that said its very hard to get or make a life from bitcoin and worse is to try with trading but its an option.

The ZCash is being launced today. If you can buy some cheaply in the next few days, it could make some profits.
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Topic
Board Economics
Re: Earning a living from cyptocurrency options trading
by
Casmalum
on 23/10/2016, 10:13:09 UTC
For me it would not be possible at all to be making a living out of bitcoin only because I am not making nearly enough bitcoin to pay for everything I need to pay for.
I like doing bitcoin on the side because it also acts like a hobby and I do not want to rely on it.

The bitcoin invstment might be too later for many of us. But the altcoin investment can be good if you can pick up a good one.
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Topic
Board Economics
Re: Earning a living from cyptocurrency options trading
by
Casmalum
on 11/10/2016, 15:31:58 UTC
Still options are so expensive in Etheropt exchange, I'm waiting for better pricing. And some expirations are so close, I like longer expirations which means I will have more time to make profits and apply proper hedging strategies (risk management) on my existing positions.
Earning a living with Bitcoin is possible but I do not think that it is possible for everyone because you will need to handle in allot of them.
You will have to invest allot of money if you want to be able to to that.

Trading the altcoin could be good as long as the price of the altcoin and the bitcoin rises in the long term.