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Showing 20 of 21 results by FlyingDutchman420
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Topic
Board Altcoin Discussion
Re: What can you say about Robinhood crypto?
by
FlyingDutchman420
on 26/01/2018, 02:49:14 UTC
I'm really excited about this. I love the Robinhood app! I think this is great news for all cryptocurrencies. Coinbase will be dead soon.
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Board Hardware
Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order
by
FlyingDutchman420
on 06/01/2018, 18:51:23 UTC
Damn it, I missed the last batch because I was only following Twitter. How much did Bitmain charge for the last batch of S9? Is it still only BCH? thx
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Topic
Board Mining (Altcoins)
What GPUs did you use in your most recent mining rig build? January 2018
by
FlyingDutchman420
on 06/01/2018, 18:32:25 UTC
Hi, I want to build my first mining rig but my head is completely spinning with all of the options or should I say lack of options. GPUs seem to be very difficult to find nowadays and the ones that I can find are limited in quantity at most places to one or two per purchase. So I'm just curious what GPUs have you guys used most recently and why? Where'd you get them from?

Would it really make a difference if I had several different GPUs from different manufacturers in the same mining rig? Also, I saw one video on YouTube where a guy said that most people only build 6 or 8 GPU mining rigs because anything more than that just becomes a pain in the ass with bios updates and crashes. Is it really that much more difficult to have a 12 GPU or 19 GPU mining rig?
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Topic
Board Mining (Altcoins)
Re: Can anyone explain to me how ETH will switch to PoS without a fork?
by
FlyingDutchman420
on 01/01/2018, 02:31:51 UTC
Following Huh
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Topic
Board Mining speculation
Re: app or signal that let you know when a miner model is available on bitmain
by
FlyingDutchman420
on 30/12/2017, 00:32:44 UTC
They announc it on Twitter. The last batch sold out within 24 hours of the first announcement.
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Topic
Board Mining speculation
Re: Starting mining operation
by
FlyingDutchman420
on 30/12/2017, 00:14:42 UTC
We will be ordering 200 S9 miners

Damn bro, that's awesome! You're going to have a very large operation. To be a devil's advocate, I must ask why are you putting all your eggs in one basket? Why not mine other coins or do some GPU mining? Diversify your portfolio!?! You are putting all your risk into one coin and that may not be a good idea. There's no telling which altcoin might be the Breakaway coin for next year and as you may know etherium and litecoin have increased much more than Bitcoin this year.
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Topic
Board Speculation
Re: Are we in a Bitcoin Bubble
by
FlyingDutchman420
on 24/12/2017, 15:49:08 UTC
The bubble has popped several times over the past few days. It went from $20,000 to nearly $10,000 and then to $16,000. Now it is back to $13,000. This was guaranteed to happen because there are so many new people in the market and the price rose so quickly. This is a good thing. This is just market correction. The the price will stabilize soon. I think we will see $20,000 and above within the next month or two.
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Board Bitcoin Discussion
Re: Belarus President Signed A Decree That Legalizes Mining And Cryptocurrencies
by
FlyingDutchman420
on 23/12/2017, 15:40:34 UTC
"Thus, the decree establishes conditions for using of cryptocurrency and tokens, and also introduces tax credits for cryptocurrency transactions."

Wow! They are giving tax credits for cryptocurrency transactions while other countries are trying to ban cryptocurrencies. Good for them
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Board Altcoin Discussion
Re: Litecoin is officially dead
by
FlyingDutchman420
on 21/12/2017, 01:41:46 UTC
It's never a good idea to buy a company's stock when that company's CEO and other executives are selling the stock. Generally that means they know something the public doesn't know and they're taking profits before the stock tanks. This whole business about Lee selling all his Litecoin is got me worried that something bad is coming
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Board Altcoin Discussion
Re: Would you draw on a line of credit to buy altcoins?
by
FlyingDutchman420
on 21/12/2017, 01:26:50 UTC
All the financial advisors that I've seen are saying that no one should put money into cryptocurrency unless you can stand to lose it all. In other words, treat it like gambling in a casino. Matter of fact, most casinos offer lines of credit but the only people that gamble with credit in a casino are people with an addiction problem.
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Board Bitcoin Discussion
Re: Hard Times for a Hodler!!
by
FlyingDutchman420
on 21/12/2017, 01:19:09 UTC
I just bought some bitcoin at the 19,500 level but I'm not worried. I think it will hit $100,000 in 2018.
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Board Hardware
Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order
by
FlyingDutchman420
on 21/12/2017, 00:30:03 UTC
Damn, I can't believe they sold out of S9 in less than a day. I was going to buy some but I didn't have enough time to get bch.

Was this unusual to sell out so fast? How long do Bitmain's batches of S9 usually last before selling out?
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Topic
Board Gambling discussion
Re: Real Casino or Digital Casino. Whats is your Poison?
by
FlyingDutchman420
on 17/12/2017, 16:25:52 UTC
I would never trust an online casino. All the real casinos in the USA have state gaming police that verify that all the slot machines and video poker machine are really paying out at the odds that they were reportedly set to. The gaming police also investigate cases of cheating at table games. I worked in a casino many years ago and I have seen all the regulation and government oversight that goes into the casino industry. I can only imagine how crooked a casino would be with no regulation.
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Board Bitcoin Discussion
Re: Bitcoins for illegal activity
by
FlyingDutchman420
on 16/12/2017, 14:27:11 UTC
Yes, Bitcoin is used for drug trafficking, illegal gambling, money laundering and other criminal activity but I don't see how that is a bad thing for the average Bitcoin investor. The modern world has tried to stop all of these illegal activities for a very long time and they have had no success. Drugs are cheaper, more potent and more readily available than ever before. Illegal online gambling grows every year. Matter of fact, I don't believe they will ever stop the drug trade or illegal gambling. It is just a fact of life. I do not support or participate in any way with the illegal drug trade, gambling ,or money laundering but I think they provide a certain valuable level of support for cryptocurrencies. They allow that cryprocurrencies will never be completely devalued because they have the decentralized anonymous features that support such illegal activities.

I don't think that pornography is one of humanity's greatest achievements and I can't say that it contributes much to society as a whole. However, during the 1990s, the pornography industry was the number one industry that led to research and development in the internet and because of the support of the pornography industry, the internet grew by leaps and bounds. Pornography eventually alowed for the massive worldwide adoption of the internet. I think that without pornography the world would not have the internet as it is today.

Today the internet is not solely associated with the pornography industry. As such, I believe that in the near future cryptocurrencies will no longer be so strongly associated with illegal activities.
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Topic
Board Altcoin Discussion
What is the best way to aquire bitcoin cash?
by
FlyingDutchman420
on 13/12/2017, 14:45:12 UTC
I need some bitcoin cash to make a purchase from Bitmain. So i need to know the best way to aquire some bch. What have you guys had success with? Buying with fiat or buying cyrpto and then converting to bch? What exchanges do you guys use?Thank for the advice.
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Topic
Board Altcoin Discussion
Re: Litecoin is officially dead
by
FlyingDutchman420
on 12/12/2017, 17:06:25 UTC
I bought 1 litecoin less than two weeks ago for $70. Now it's at $369.


Damn it! That was a stupid investment. Litecoin is dead  Roll Eyes Cheesy Grin
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Topic
Board Hardware
Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order
by
FlyingDutchman420
on 10/12/2017, 17:00:51 UTC

I think it's funny that they name this thing "Antminer airflow noise reducer." This is just a duct muffler that's made for the hydroponics industry. This particular one is made for a 4in duct which may be a little bit undersized for any real performance. You may be better off getting a 6 inch or 8 inch duct reducer to connect to the 4in ducts on the antminer and then use a 6 or 8 inch muffler. Of course for maximum silence, you would need to build a wooden box around antminer and also use insulated flexible duct. Then you should be able to get the noise level down to next to nothing.the Hydroponics industry has been doing this for decades. They have had to utilize massive fans to cool the extremely hot metal halide or high pressure sodium lights that they use and do so in an extremely quiet way so as not to raise suspension of law enforcement.
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Board Bitcoin Discussion
Re: Bitcoin is here and it's here to stay
by
FlyingDutchman420
on 09/12/2017, 23:28:00 UTC
I think Bitcoin will be here for a few more years but after that it's anybody's guess. Blockchain is the true revolution not Bitcoin. It's yet to be determined which cryptocurrencies will be here for the long run. Let's face it Bitcoin didn't have any real value until it was adopted by drug dealers, money launderers and gambling websites. Now it's in the next stage to see if it has legitimate uses such as microtransactions and serving as a currency in third world countries that face hyperinflation. Who knows? Maybe the vice world will push more anonymous currencies like Dash and Monero to the top of the list of most used cryptocurrencies?
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Board Bitcoin Discussion
Is there anyway to tell if Wall Street whales are pumping up the Bitcoin Market?
by
FlyingDutchman420
on 09/12/2017, 20:37:38 UTC
I am wondering, as we enter this new era of Bitcoin futures trading, will the Wall Street whales manipulate the market to their advantage. If so is there anyway to know when they are manipulating the market? Bitcoin is a public ledger. So all transactions are publicly available but is there any software program that is tracking all the transactions to see if a handful of accounts are dumping billions of dollars into Bitcoin? How do you think it would look if these whales try to manipulate the market? I doubt they would have the time to dump billions in the Bitcoin by buying small amounts at a time. It would have to be several large purchases at once. So is there any way that we could watch the market for such activity? Bitcoins market cap has been recently swinging between 230 and 270 billion dollars. How much money do you guys think it would take to swing the price of Bitcoin dramatically higher or lower?
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Topic
Board Bitcoin Discussion
What Bitcoin exchange do you use and Trust
by
FlyingDutchman420
on 09/12/2017, 20:26:21 UTC
Hi everyone, I'm new to this forum. It seems like a great community and I'm glad to join and be a part of it. I'm wondering what Bitcoin exchange do you all preferred to use. Do they have low fees and trusted reliability? Now I get it, trusted reliability is not something that's normally associated Bitcoin exchanges but some have to be better than others. As of recent, we have seen some instability in the exchanges. The other day when there was a huge amount of trading there became a backlog unconfirmed transactions and Coinbase and Gdax actually shut down for a while.

Today I get an email from Coinbase warning me about the volatility in the Bitcoin market and basically said use at your own risk, we cannot guarantee that we will be able to function on a high-volume day and you may not be able to sell your coins. That's a little bit scary. I mean you would never see a stockbroker say hey if the market goes to shit, we might collapse and you won't be able to sell in time to get any money at all.

So I just want to ask you guys what are your favorite exchanges and why do you trust them?