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Showing 20 of 21 results by Gemniet
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Topic
Board Altcoin Discussion
Re: Can the massive creation of Altcoins can be stopped?
by
Gemniet
on 13/07/2018, 03:23:33 UTC
It will only be stopped if people stop investing in it and supporting it.
Too many people want to join everything it seems.

New people will buy the new altcoins, it seems they are cheaper.
Post
Topic
Board Speculation (Altcoins)
Re: Ethereum can go under $600?
by
Gemniet
on 10/02/2018, 16:03:26 UTC
Personally i find it very difficult for ethereum to go under $600 because even in the darkest time we had couple of days ago , it bounced back from something around $650. Ethereum stands on a strong basis now so it's much harder for it to go down compared to other alt coins. I think it's a good time to buy ethereum anytime. It will in a much better condition in the near future. It will probably grow faster than bitcoin so if you are looking for a safe and profitable investment , ethereum is the right choice.

The Ethereum has very good community support and it has excellent developers. The price will not drop too low.
Post
Topic
Board Speculation (Altcoins)
Re: Alt polo pump
by
Gemniet
on 29/03/2017, 07:25:53 UTC
I think this year will be the bullish year of alt-coins, because of bitcoin's hard fork fight everyday, bitcoin makes bitcoiners miserable, fortunately we have alts.

I agree with that. The bitcoin is in serious trouble due to the small block size.
Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
Gemniet
on 04/03/2017, 11:28:29 UTC
To answer your question, I will tell you something that good to try.
Last year, my friend tell me he buy 3 btc when the price is worth $700. He said he just want to save his money in another place, not bank. So bitcoin is one of any choice to save money. But what happen now with the price? Now, bitcoin worth to $1200+ and his money is grow. It is same like investing money in the stock.
This is a very nice and colorful example of what is worth buying bitcoin, thereby investing in their future well-being. Only one question oppresses me all the time, how long bitcoin will rise in price? I would not like to lose. While I understand that investing is always a risk.
it was because at that time the price is still relatively small but this time the price is already very high certainly everyone will think buy many bitcoin at current prices including a very risky practice?

I think buying some bitcoins with a small number of fiat is not risky.
Post
Topic
Board Mining (Altcoins)
Re: R9 Nano Modded Rom
by
Gemniet
on 29/12/2016, 10:17:01 UTC
I have my nano's running with a custom timing which also improves quite a bit.

Due to the work that i have already put into all of this, i'm not going to release this for free.

I will however release other things in the future Smiley

Greetings!

How faster for ZEC mining?
Post
Topic
Board Mining (Altcoins)
Re: Genoil's ZEC miner: AMD ZCash miner for Windows - 0.6
by
Gemniet
on 02/11/2016, 19:20:26 UTC
I think some of you should stop playing too much around and settle for maybe a few less S/s but better stability. Neither Genoil nor the pools are extremely stable at this point.

On my 4x 470s, the -k zec zec would crash the miner. I'm running without that parameter and get about 120-130S/s, but at least it runs stable. The more you try to tweak with this miner and pools, the less you're mining after all Smiley

That is right. For the time being, the miner and the pools are not very stable. So it is better to get some coins now.
Post
Topic
Board Altcoin Discussion
Re: Best Altcoin to invest in for 2016 and WHY
by
Gemniet
on 24/10/2016, 18:05:34 UTC
I think LISK is the best coin to invest right now.
Price still low and many good things are coming
Good team good community and great projects around.
Also there are good ICOs like ICONOMI that give you the opportunity to get big profits.
But don't forget to do your own research.

Regards!
Well it is still in top 20 in coinmarket cap and i think it has potencial to increase soon. but i think its more good to stay in top 10 altcoin if you really want to sure to have a good profit soon.. or stay in btc because according to other traders the price of bitcoin will increase more ..

It is quite difficult for the Lisk to remain in the top 10, there are more coins with better innovation appearing.

The lisk is no 17 at the moment. It is not far away from the no 18 if the ZCash is launced in the next few days.
Post
Topic
Board Altcoin Discussion
Re: Best Altcoin to invest in for 2016 and WHY
by
Gemniet
on 30/09/2016, 17:06:29 UTC
There is an ICO for Darksilk: https://silknetwork.org/darksilk/ico or icocountdown.com. There is a 37,7% return of investment (ROI) on using stormnodes. I would definately recommend!

Its a one we can try but I do still not really trust it to be honest, there is a chance it will be successful but the time will lean us this for sure.

Why don't you trust it?

for one the whitepaper is totally just copy and paste... id ont see any innovation there.. they will copy syscoin decentralized marketplace but dont actually say how they will use it... im highly skeptical of it

37.7% ROI sounds like in-built hyperinflation too - I can foresee a massive devaluation on that coin - especially if it also has PoW (didn't check that), only Ponzi's usually offer those kind of rates. Sounds like a big risk to me. I'm not even going to look into it in more detail.

That is right. Most the PoS coins are dropping in value most of the time. It is a losing game for holders.
Post
Topic
Board Mining (Altcoins)
Re: Genesis Mining Presents: sgminer-gm - with Ethereum support!
by
Gemniet
on 24/09/2016, 16:49:30 UTC
I'm getting steady 30MH/s on each Fury X on stock clocks (1050/500). Claymore's can only get about 28MH.
A 390 at 1040Mhz gets 29Mh, with some overclocking I can surely can 32-33MH, but my cards warm up too much. Definitely the best miner out there.

The only issue I can spot is the CPU usage, which makes this miner basically worthless on weak CPUs. I couldn't run it on a single-core AMD CPU and a friend of mine had his rig crashing with a dual core Celeron installed. most mining rigs have very weak CPUs, and if this miner gets updated to support them, I am sure it will get much more traction.

What is the configuration of your R9 Fury?
Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
Gemniet
on 12/09/2016, 07:49:27 UTC
for this, I would choose both, to save money so that if one day we need, we could use it. invest for can make make money increased

Yeah, choose both is a good idea imo. You can save money and also invest some of your money. I think both combination is really good and i'm sure it will work well.

What if you were only to choose one them which will it be?
For me saving money is the best.


If I have only one choice, I will just save the bitcoin. It is much less risky as the price of bitcoin will rise in the long term.
Post
Topic
Board Speculation
Re: BTC is going up and up
by
Gemniet
on 12/08/2016, 07:08:56 UTC
yes that is a fact that bitcoin is trading between 640 and 680 but it is still good that it is so stable and the price are not crashing. so it is is the indicator that the price of bitcoin will goo so high in future. so we can do trading in present rate without any doubt and fear. and hope that it will give a good profit in the end.

The price has just drooped to $610. So the bitcoin is of better value now. It is good to purchase some now.

The bitcoin price is $588 at the moment, so it is lower than the 610 figure. It is even better value to buy now.
Post
Topic
Board Altcoin Discussion
Re: Best Altcoin to invest in for 2016 and WHY
by
Gemniet
on 28/07/2016, 15:52:36 UTC
I stick to XMR, stable & anonymous  Cool

That is a botnet coin. It is not supported by many GPU miners. I think Ethereum is much better than that one.
Post
Topic
Board Speculation
Re: BTC is going up and up
by
Gemniet
on 16/07/2016, 06:47:41 UTC
I think the bitcoin price will go up a lot in the next 50 years. There are many very good community support for it.
Post
Topic
Board Speculation
Re: BTC is going up and up
by
Gemniet
on 01/07/2016, 15:41:15 UTC
I think the sudden price of bitcoin that happened today makes bitcoin more stronger,, huge dump has made bitcoin price goes down at 680,and for sure that price will be next stable lowest price of bitcoin.

As long as the bitcoin price is above $550, the up trend is not broken, the price will go up again. But it might stay here for some time.

that's right.
the stable price was $450 with very tiny rises before it broke $500 and then everything speed up to get to $700+ which you can even consider this rise a mini bubble which has no other choice buy to burst and go down again. but the fall is never back to the initial price but a price above that so I guess $600 can be a good estimate for the bottom before another rise.

The $550 to 600 could be a near future bottom of the bitcoin price. I do not think it will go below that.
Post
Topic
Board Speculation
Re: BTC is going up and up
by
Gemniet
on 16/06/2016, 13:00:53 UTC
Nope, already down $40 today... That's not up and up..

That is right, the bitcoin price is very volatile. It is up $80 in a day again. That is bad for the adoption for commerce.
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Topic
Board Speculation
Re: BTC is going up and up
by
Gemniet
on 29/05/2016, 17:51:35 UTC
I think to be honest the bitcoin will be used a lot more in the future because of the popularity its gaining these days, people are joining the bitcoin everyday.

I have used bitcoin recently to buy some AMD graphics to mine some Ethereum, then I sell the Eth for BTC.
Post
Topic
Board Mining (Altcoins)
Re: My 1 card now a 2 card rig for Ethereum. One day of mining so far. Photos thoughts.
by
Gemniet
on 22/05/2016, 08:58:50 UTC

i can find everything at around 430 euro on amazon, risers on ebay

Amazon gives me a good price for this set up (I have 850W power supply)

Crucial Ballistix Sport 8GB Kit (4GBx2) DDR3 1600 (PC3-12800) 240-Pin UDIMM Memory BLS2KIT4G3D1609DS1S00/BLS2CP4G3D1609DS1S00 by Crucial
$33.98

ASRock Motherboard ATX DDR3 1066 LGA 1150 H81 PRO BTC by ASRock
$72.09

Intel Pentium Processor G3240 (3M Cache, 3.10 GHz) BX80646G3240 by Intel
$58.94


Patriot Torch 120GB SATA 3 2.5 (7mm height) Solid State Drive - With Transfer Speeds of Up-To 555 MB/s read and 535 MB/s write by Patriot
$39.99

Subtotal (4 items): $205.00

Should I start from loading with 2 R9 390 and later add 2 more?

Is this card good?

XFX DOUBLE DISSIPATION R9 390 1015MHZ XXX OC 8GB DDR5 DISPLAYPORT HDMI DUAL DVI
$320

seems that the 390 is the best, but polaris is coming not sure if it is wise enough to buy gpu now

By the time the Polaris is out, you might already have ROI on the 390 cards. These are the best for Ethereum mining.
Post
Topic
Board Mining (Altcoins)
Re: R9 Nano Modded Rom
by
Gemniet
on 09/05/2016, 08:02:25 UTC
Question, what drivers and miner you using on the modded Bios?


I use the 15.11 and 15.12. There is no difference at all. I remember the OP use 16.4.1 or something like that.
Post
Topic
Board Speculation
Re: BTC is going up and up
by
Gemniet
on 25/04/2016, 08:59:35 UTC
The price of the bitcoin is around $450 now. If it breaks the level set in last December, it is on the up trend again.
Post
Topic
Board Altcoin Discussion
Re: Best Altcoin to invest in for 2016 and WHY
by
Gemniet
on 05/04/2016, 09:19:32 UTC
The best coin to invest is Ethereum. It is still in active development. The price is still low for the time being.