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Showing 10 of 10 results by Fadsiman
Post
Topic
Board Speculation
Re: Bitcoin price drops to $7000.
by
Fadsiman
on 12/04/2018, 13:44:38 UTC
You see what happens to the bitcoin course. He very quickly went up. Who knows what contributed to this?

I agree. It seems that Bitcoin has started the upward journey. I hope it will be more steady this time.
Post
Topic
Board Mining (Altcoins)
Re: ASRock H110 Pro BTC+ Motherboard Spectre Patch Bios v1.20 Released
by
Fadsiman
on 27/01/2018, 09:57:30 UTC
It's not ASROCK who cancelled the update but intel directly. It seems that it's not as easy as they thought... and asked all manufacturers and software developers to stop the updates

I just updated my PC with the Windows update, will my system be in trouble?
Post
Topic
Board Mining (Altcoins)
Re: Tutorial on Mining Bitcoin Gold
by
Fadsiman
on 24/10/2017, 07:53:16 UTC
Some Pools  support that but i can't find addess. I thing should create a new BTC address

Which pool? The btg wallet software is not out yet.
Post
Topic
Board Mining (Altcoins)
Re: Claymore's ZCash AMD GPU Miner v12.6 (Windows/Linux)
by
Fadsiman
on 25/08/2017, 18:38:07 UTC
any plans for 12.7 ? no performance increase for a long time.

I do not think 12.7 will have any performance increase.
Post
Topic
Board Mining (Altcoins)
Re: Is this ether mining rig profitable?
by
Fadsiman
on 10/07/2017, 14:26:55 UTC
It is highly unlikely you would see any profit inside 12 months or more.  All these calculations on ROI fail to take into account inexorably increasing difficulty.  Especially at your electric cost, don't expect to be able to mine for profit in a few months.  The best possible scenario is you might get back what you paid in a couple of years but far more likely you will never make a net profit.

I agree with that. The difficulty will rise a lot in the near future.
Post
Topic
Board Economics
Re: The future of the paper money
by
Fadsiman
on 26/02/2017, 15:51:34 UTC
In the future, paper money will disappear, it will be replaced by another currency. In other words, paper money will become worthless because many countries print more money to stimulate the economy, the value of paper money will decrease serious. And i think electronic money will be the main currency in the future because it safe, fast and ensure transparency
paper money will not be replaced with another currency. paper money only will rejuvenate become more sophisticated and more flexible. The new version will be even more likely to be digital

Well i think the future of paper money is it will still be in our future. I agree that technology right niw is in a very fast pace but think about it, there are still a lot of countries that can't catch up with how fast technology is. Digital currency may become one of the top currencies that world will use in the future but i don't think paper moneybwould be obsolete in any way because a lot of people will still have a need for it's use
10 or even 20 years later, we still have to depend on paper money. We can not deny its benefit and it is easy to understand and use in many place. Moreover, many countries, such as Africa or some in Asia, are poor. The majority of the people in those countries do not have a chance to communicate with technology, to interact with new inventions. Therefore, Bitcoin and cryptocurrency can not replace fiat in this century.
for 10-20 years in the future I'm sure there are people or some people use paper money. digitial currency developments also took a long time to correct use by everyone in the world

If the bitcoin is easy to use, more people will use it.
Post
Topic
Board Mining (Altcoins)
Re: Claymore's ZCash AMD GPU Miner v9.2
by
Fadsiman
on 20/12/2016, 15:27:10 UTC
My 3 x 390x do only 320h/s instead of 330h/s on stock 1080 1500

What is your intensity? the memory timing will also affect the speed.
Post
Topic
Board Economics
Re: The future of the paper money
by
Fadsiman
on 24/10/2016, 18:12:06 UTC
Although we are entering an age where everything has its digital version, I don't see the paper money being obsolete. It is still nice to have physical forms of money. The increasing transaction counts using digital money and online payment has reduced the need to bring cash but there are still things that are better off being paid by paper money.
Of course, the use of paper money will still be practiced as there are situatio or good/services that will require a must to be transacted using paper money. No matter how civilized or advanced that the word may become, paper money will still be needed to make some forms of transaction.
Personally I disagree, payments are becoming more and more digital, just look at bitcoin and electronic currency, the tendency is that cash is disappearing, and in the future there’s a big chance that in developed countries cash will no longer exists

Within that trend, it is possible that the bitcoin will be the major global currency gradually. the price will also rise.

The bitcoin price rose year after year if you exclude the very big price bubble in later 2013 and 2014.
Post
Topic
Board Economics
Re: The future of the paper money
by
Fadsiman
on 30/09/2016, 17:14:15 UTC
Maybe in the developed world country there will be less demand of paper money as they will go to full digital, the world is moving toward digital world if you have notice, we have a lot of inventions or developments to make our life fast and easy.

Hmm when you say developed I see Singapore. But I dont know man. Paper money got a lot of history in it. It will be hard for the government to change it specially for the people also.

But the government will have no choice if everybody is using bitcoin then what are they going to do ban the use of bitcoin if it's not regulated by authorities? That would make civil wars the next step lol anyways I don't think bitcoin will get far enough to be a real treat.

Nope the government have all the authority and the option, the people will have two choice if this government decided to ban bitcoin either follow ot move somewhere else.  And i don't think banning bitcoin will result in a civil war.  Idea of Bitcoin is not natonalistic enough to fight or die for it.

In the civilised world, there is no reason to ban the bitcoin. It is a legal property, just like gold or copper.
Post
Topic
Board Economics
Re: The future of the paper money
by
Fadsiman
on 23/09/2016, 15:56:16 UTC
I know both bitcoin and gold pumped and dumped hard in the past. That is why i took a long time frame as an example. That is why i said, i hold cash for 2-4 years and gold/btc for 5+ years. In the long run, cash is a loser. Both Bitcoin and gold will be winners against USD in the long run. You know why? Because you cant make them.

It is not even given that Bitcoin will still exist in 5+ years. Nevertheless, you have only 1 year for gold and 2 years for Bitcoin left until your plans of holding tight start to massively lose ground. If I remember correctly, we haven't yet even reached the inflation adjusted ATH of gold which has been sticking around for over 30 years...

Are you ready to wait another 30 years?

That is right for the gold. But the bitcoin has more potential to rise. It has much fewer invesotrs than the gold at present.