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Showing 20 of 801 results by Liquid71
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Re: Hodling vs trading
by
Liquid71
on 05/12/2023, 06:37:04 UTC
Trade with a small very small part of your coins, keeps it interesting and you will make big gains if you are good and patient.

Nobody ever made a mistake hodl bitcoin, mistake is always selling.

So your real question is I have a guaranteed winning trade, should I risk losing money in an attempt to make even more? Answer to that depends on your situation financially and skill as a trader. Sincere advice whatever your situation is, hodl at least 50% and even that is risky. Nothing better than a sure thing, and bitcoin appreciating vs. fiat is a sure thing. 
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Board Bitcoin Discussion
Re: What is perpetual/futures trading exactly?
by
Liquid71
on 05/12/2023, 06:31:15 UTC
I get what perpetual futures trading is, where can I do it safely if I l live in the U.S.  and not afraid to use a VPN and get any counter party risk is risk which is why real Bitcoin get it's value. I just want to know if there is a way living in the U.S. I can deposit and trade accepting counter party risk, but not worry about getting paid when I withdraw. In other words site goes Mt. Gox that's what I get for holding coins on a site, otherwise no prob using a VPN ect but do I have to sweat getting paid or just the trades?
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Board Bitcoin Discussion
Re: Closing Central Bank is Non-negotiable says pro-bitcoin Argentina Pres Milei
by
Liquid71
on 05/12/2023, 06:26:27 UTC
I thought they were going to use the dollar, so excuse my ignorance but why would they need a central bank if they on the dollar. Not that I'm defending the dollar, I get the evils of the dollar and all fiat and central banks are slave owners. Just not sure what the central bank would do without a currency to manipulate. I'm sure I'm missing a lot, and would be so cool if they were going on Bitcoin standard. On Dollar standard not sure what central banks role would be, so not sure what this news means.
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Board Bitcoin Discussion
Re: My Bitcoin introductory history
by
Liquid71
on 05/12/2023, 06:19:18 UTC
My first time hearing about BTC was Chuck Shumer saying the DEA needed to shut this internet nerd money down because of the silk road lol. Only valuable thing any politician ever cried about, thank you Chuck!

Welcome to Bitcoin bud. As SquirrelJulietGarden said Bitcoin is not crypto, most of crypto is scams, also known as "shitcoins"  Bitcoin is unique and changes the world like the internet did.

And I'm no expert on anything, just an old member that popped in to see where it all started and your thread caught my eye. Only thing I can tell you as an "expert" on since I learned the hard way is, don't sell! Hodl, only mistake anyone ever has made with Bitcoin is selling. Cheers
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Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
Liquid71
on 16/01/2018, 04:52:20 UTC
That's unfortunatly the way I'm starting to feel. I know this isn't paycoin or any scam near that level but I've seen enough to know that when something doens't look right it usually turns out to be a scam. They are selling miners for Jan and Feb Deployment but they haven't deployed older orders and won't be able to deploy those. Taking money from people and not being straight with them on the timeline for deployment is shady.
On the other hand a scam wouldn't have delays, because it's a scam they would just pump and dump. So it's really not fair to call them a scam, however they aren't being upfront with customers so I do worry about financial problems. For now I'm taking their word for it, having dealt with UL in the past it's not a fast process to put it nicely, and I don't know Washington State but it took me 5 months to get a permit to build a deck on my house in PA lol. So it's not time to call it a scam but it is time for more transparency from Giga Watt.
And people speculating on prices going to $100 are crazy, this isn't a pump and dump. It's the only utility token with an actual purpose and value but that value is capped. It's also real so even during selloffs WTT has real value behind it and it won't go down nearly as much and will payout more coins if renting and chase out miners with higher electricity costs lowering difficulty for those mining. So there's a limit to the upside but also to the downside of the price of WTT which makes it the only stable investment in cryptoland I know of, as long as they aren't having financial problems and blaming Underwriter Labs and local permits.
Has anyone that ordered a miner last year, say September to December, had it deployed?

I've bought batch 4 WTT and a PandaMiner in early July, a few days after their recent cutoff date for WTT release. My miner was supposed to be deployed in September. It is not yet deployed. More recently I bought WTT off EtherDelta and trnasfered it to my GigaWatt account, where at the lowest rate it is about 58-66% rented on average. I also bought two more miners in November that said December deployment. These are also still not deployed. I even emailed them mentioning that I have the WTT to back all of my miners and do not need to await the batch 4 token release. Support responded and said my two newest ones are delayed until late Jan/Feb but my Panda miner should be operational and they will check in to it. Haven't heard back from them in almost two weeks. Dashboard still says zero miners. I'm actually starting to worry....

Thank you, at least I'm not alone. There is good information on the problems and progress here: https://medium.com/gigawatt

However they shouldn't be accepting money for miners with January deployment when they have such a backlog. The January ones are even slightly cheaper than I paid for which was supposed to be deployed in October and they told me by March when I contacted them. They aren't a scam but, anyone else accepting money from customers promising delivery in January with no possible way to deliver it in that time frame, or delivering to them while earlier customers wait, would be a huge red flag to the point you really can't defend it. Problems and delays, okay shit happens, but stop selling miners with deployments in January and taking money from people if you know you can't deliver in January. And if they can why screw over earlier customers still waiting for deployment. This is such a promising project, and I understand delays, but I don't like seeing them accepting money from customers for miners promising a January deployment when I've been waiting since October.
I was told end of December, now late Feb early March, for what was supposed to be October deployment. I can live with that not happily but shit happens. There's no excuse to keep selling miners with Jan. deployment while others are waiting since September for deployment. Anyone buying now without knowing about the delays is getting screwed, or those of us waiting are, either way it's bad way to do business.
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Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
Liquid71
on 14/01/2018, 23:18:56 UTC
I wish I had the time I used to, but I can't find the answer anywhere so if it's been asked and answered sorry for cluttering the thread.

Are you able to rent out all of your tokens currently? I have it set to lowest rate and still only 61% rented out, and percentage only drops if I raise price. It's been like this for awhile now I just haven't had the time to look into it and thought they were just in the process of upgrading the facilities and deploying new miners ect. but it's been a few weeks. Anyone else having this issue and anyone know the reason?

Thanks
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Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
Liquid71
on 14/01/2018, 23:02:42 UTC
CNBS just recorder a video about GW town - Wenatchee   Grin


Why one small Washington town has seen so many bitcoin miners move in ?
- Low-cost electricity has brought dozens of bitcoin miners to the small town of Wenatchee, Washington.
- Cool temperatures also help keep the necessary servers at the right temperature.

A small town three hours east of Seattle is turning into the epicenter of bitcoin mining in the United States.

Wenatchee, Washington is home to a dozen of the largest bitcoin and cryptocurrency miners in the country. And the head of the local power utility, Steve Wright, says another 75 have inquired about coming here since the price of bitcoin surged in December.

https://www.cnbc.com/2018/01/11/wenatchee-washington-and-the-bitcoin-gold-rush.html


I saw that live and was thinking it would be Dave and Giga Watt but instead some noob electrician. Dave has been through the downturns, CNBC really should have interviewed him if they wanted to understand the mining industry not just get a look at a mine to draw viewers. Pretty lame and disappointing but par for the course when it comes to mainstream media and Bitcoin.
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Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
Liquid71
on 14/01/2018, 22:58:29 UTC


you can ask: Why would the token be expensive?
Why are hundreds of other expensive tokens being useless?
for example: ZCL. I bought for 2$ a few months ago. I sold for 200$
Why prices explode?  Becouse the whole crypto market is one big speculation and greed is the nature of man.




Newbies like Gigawatt so much... I remember they also loved ZeusMiner back in time. Guy was praising ZeusHash a day before they closed - because he felt like love them.

And Paycoins. I remember very similar words for Paycoin. It will grow forever - just because of ...

I withdrew my miners from there. They ship out - I can not deny, this works fine (so far?).

When they go bankrupt from the law suite (the owner already has experience going bankrupt - so he knows how to do this right Smiley   ), or anything else there in a pipeline - I will loose only coins.

I will try to sell them at EtherDelta...




That's unfortunatly the way I'm starting to feel. I know this isn't paycoin or any scam near that level but I've seen enough to know that when something doens't look right it usually turns out to be a scam. They are selling miners for Jan and Feb Deployment but they haven't deployed older orders and won't be able to deploy those. Taking money from people and not being straight with them on the timeline for deployment is shady.
On the other hand a scam wouldn't have delays, because it's a scam they would just pump and dump. So it's really not fair to call them a scam, however they aren't being upfront with customers so I do worry about financial problems. For now I'm taking their word for it, having dealt with UL in the past it's not a fast process to put it nicely, and I don't know Washington State but it took me 5 months to get a permit to build a deck on my house in PA lol. So it's not time to call it a scam but it is time for more transparency from Giga Watt.
And people speculating on prices going to $100 are crazy, this isn't a pump and dump. It's the only utility token with an actual purpose and value but that value is capped. It's also real so even during selloffs WTT has real value behind it and it won't go down nearly as much and will payout more coins if renting and chase out miners with higher electricity costs lowering difficulty for those mining. So there's a limit to the upside but also to the downside of the price of WTT which makes it the only stable investment in cryptoland I know of, as long as they aren't having financial problems and blaming Underwriter Labs and local permits.
Has anyone that ordered a miner last year, say September to December, had it deployed?
Post
Topic
Board Mining (Altcoins)
Re: dstm's ZCash Miner 0.5.7 disable DEV FEE
by
Liquid71
on 02/01/2018, 13:03:51 UTC
Still going to use dstm's miner that i already have.

Id rather support the community and its developers by paying dev fees. Just my view.

for me dev fee it's to zcash to pay it...
they win cash from it & on us.

we work for zcash , where you see worker pay boss to get work ?  Huh
not really logic...

but i dont think like this, all i see it's get my money back from hardware buyed / pay my electricity
when it donne im ok for pay fee. ....

If the same people who made/create the coins made the miners, Id agree.

Without 3rd party mining programs.... where would we be?
Nobody ever made a closed source Bitcoin miner that collected fees. All the newbies don't get open source, think devs are like CEO's of a company...why Bitcoin is king
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Board Mining (Altcoins)
Re: dstm's ZCash Miner 0.5.7 disable DEV FEE
by
Liquid71
on 02/01/2018, 13:00:58 UTC
LOL.

Claymore make 1M+ on month.

Dstm is still at 200K - https://zcash.flypool.org/miners/t1NEpmfunewy9z5TogCvAhCuS3J8VWXoJNv


think about this for a sec.... your "laughing" at a guy who's making 3 mil a year....

LOL at anyone running closed source .exe for mining  Cheesy
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Topic
Board Mining (Altcoins)
Re: dstm's ZCash Miner 0.5.7 disable DEV FEE
by
Liquid71
on 02/01/2018, 12:59:13 UTC
I do not trust such offers. First is copyright infringement. Secondly you don't know what is written in this miner. Possible with the help of this software, hackers get access to your wallet or mined coins. You will lose more. Why when hackers break wallets people are outraged but when they climbs into other people's pockets, they forget about what is bad.
The original isn't copyrighted it's just a closed source .exe with anything in it, it's not open source so same risk with that miner as this
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Topic
Board Mining (Altcoins)
Re: Building mining farm [Multi-million investment]
by
Liquid71
on 02/01/2018, 12:53:07 UTC
Just go with professioinals like giga watt

https://giga-watt.com/


https://www.gigawatt.sg/shop/?_ga=2.208565595.853030196.1514892513-1326677965.1514892513


They have GPU miners and working on a massive motherboard that will allow you to just send them your GPU and they'll plug it in. No ETA on that but you won't be able to out compete them and difficulty will either continually rise until electricity is a major factor in your profits or prices will plummet and only the most efficient will survive which has happened ever other market crash and Ebay gets flooded with dirt cheap GPU's and not enough gamers to buy them all at same time so think long and hard before investing "multi millions" into a mining farm. Start small or go with the pros if you are going to invest serious money.
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Topic
Board Mining (Altcoins)
Using NiceHash Miner, read this
by
Liquid71
on 02/01/2018, 12:48:20 UTC
https://krebsonsecurity.com/2017/12/former-botmaster-darkode-founder-is-cto-of-hacked-bitcoin-mining-firm-nicehash/
Former Botmaster, ‘Darkode’ Founder is CTO of Hacked Bitcoin Mining Firm ‘NiceHash’
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Topic
Board Mining (Altcoins)
Re: NiceHash Miner - easy-to-use best-profit multi-device cryptocurrency miner
by
Liquid71
on 19/11/2017, 01:24:51 UTC
Nicehash or anyone else, does using CPU lower hashrate with Nvidia cards?

When I use standalone miners I need to put the GPU miner on one thread, and the CPU XMR miner set to use the other threads otherwise the hashrate for the GPU miner suffers which is obviously the most profitable. The new Nicehash miner I seem to have less control, if I just run it telling it to use the CPU and GPU will it adjust making sure CPU doesn't slow the GPU miners?
If not how can I use Nicehash to mine with the GPU's and the CPU without lowering cuda miner hashrates?
Post
Topic
Board Mining (Altcoins)
Re: GTX 1070 24/7 mining lifespan?
by
Liquid71
on 13/10/2017, 21:33:03 UTC
long story short, they carry a 3 year warranty in the USA for EVGA.  Their return process is spectacular so you have nothing to worry about till then =)
They do have the best return policy I've ever used, get the replacement before I have to ship them the broken card. Fastest turnaround which is perfect for mining.
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Topic
Board Mining (Altcoins)
Re: Innosilicon A5 DashMaster 30.2G 750W
by
Liquid71
on 13/10/2017, 21:22:02 UTC
Just got an email from Innosilicon letting me know they are delayed by two weeks on the A5 Dashmaster delivery. They said the foundry is at fault and that there will be some reworking required. Sounds like the A4 Dominator fiasco again. I would advise everybody who was thinking about it to NOT buy batch 2.

WOW I was speculating that they would be unable to meet specs. They said 30ghs at 750watts which i thought would be incredible if they could do it. This is good news for D3 owners. A miner running 30gh/s would require a lot more power since it would also require a lot more cooling. Dont know how Innosilicon will meet specs advertised. The worst part is they take all the money upfront and force customers to wait while they experiment with prototypes.
Nobody forced customers, they willingly handed over money. Can't fix stupid
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Topic
Board Mining (Altcoins)
Re: Innosilicon A5 DashMaster 30.2G 750W
by
Liquid71
on 13/10/2017, 21:04:17 UTC
Can you advise what $/day for Bitcoin cash is now, please ?

It looks like Antminer S9 (the latest 14THs version w/ $0.12/kWh electricity costs) will give you something about $17-19/d.

Has been few days allready...
 

yup S9s are quite good if you can keep them from dying lol, best thing. to do is order more than u need keep some in
reseve for the inevetiw faliures , i think they  have a 30 percent failuer rate from the older batches, maybe new ones. are better tho, Thats why i ordered six, only needed 4 but two spares

ummm 30 percent failure rate... bulllshit lol and you just have two miners collecting dust as spare parts, waste of money. Even if your 30% number was dead on, you would only need one for spare parts not waste money on two, that's expecting 50% failure rate and ignoring they have warranty reapir centers in the U.S. I hate Bitmain as a company but their miners are solid. If you are having them fail so bad you need spares for parts you're doing something wrong. I'd suggest getting it hosted, cheaper electric and onsite repairs, considering you wasted money on two spares you could pay for a couple years hosting at giga watt for that. https://www.gigawatt.sg/shop/?_ga=2.222753371.1956162695.1507928400-132385317.1507928400
Besides Avalon Bitmain are the most reliable Bitcoin miners in the industry. Not sure how you're having such difficulties but they come with warranty and there are repair centers, and if you're ordering some for spare parts you just shouldn't be mining get it hosted and save/make a lot more than keeping 50% extra for spare parts lmao
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Board Mining (Altcoins)
Re: I'M USING NICEHASH! GETTING 2.43 USD A DAY WITH GTX1080ti
by
Liquid71
on 13/10/2017, 20:15:58 UTC
If you consider $2.43 USD low, wait a few more months until you are making $0.25/day.
No, he'll buy 5 more before that and be making $1.25 per day costing his parents more in electricity  Tongue
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Board Tokens (Altcoins)
Re: [ANN] PLAYKEY: DECENTRALIZED CLOUD GAMING PLATFORM
by
Liquid71
on 13/10/2017, 20:13:47 UTC
I missed this Ann and only now I've heard of this project.

After reading the whitepaper I'm going to go ahead and call it a scam (not that in 7 pages anyone seem to care if this project could even work, people just seem to just blindly trust the project showing exactly what's wrong with ICOs).


First off, you can't possibly run already existing games in a decentralized manner. Running interactive games is not just 3D rendering, the game has to practically fully run on the "mining" machine including resources like CPU/RAM/storage.

And you can't run the majority of games multiple time (online DRM, 1 account/instance) so multiple miners running the same game for one player is impossible.

So it's already centralized in a sense that 1 miner = 1 player. And if that miner has issues the player will lose progress. The gamer would also want to play games on his account which would be hard to hide from the miner who would be running the game introducing security issues.

Streaming like Nvidia Shield or Steam Link works because they do so locally. The nvidia shield for example requires "50 Megabits per second – Recommended for 1080p 60 FPS quality" (source) which is easy to get on your local WiFi which probably have 70-100 Mbps speeds. Now players would need 50Mbps internet connection and miners would require 50Mbps per game they "mine". You could say 720p 30fps is enough but even old hardware can achieve that without latency and having to pay for it. And don't even dream about 4k...

The whitepaper argues that most people can't play games with the highest settings but most people also doesn't have a stable 50Mbps internet connection. So the video feed would have to be compressed which means a maxed out game will look like it's on low settings. An uncompressed video feed would require very fast (as in high bandwidth) internet. Steam's average download rate is 33.6 Mbps currently in the US including gamers with their own gaming PCs who also tend to afford faster internet.


The whitepaper also says such delusions as mining would be
• 2-3 times more efficient than any altcoin mining add opportunities;
• More stable in the short, medium and long term than cryptocurrency mining;

Which is just nonsense they can't possibly know.


And even if the impossible could be done and more computers could collectively stream the same game in a decentralized manner for 1 person playing, one miner having a lagspike or any short issue would surely create visual glitches and redundancy would make the cost unfeasible. But again, you can't render current games in real time without the whole game running so it's a moot point. Shit, some games can't even use more than 1-2 CPU cores or use SLI ffs...


And of course if this already existing proprietary platform would really exist, you wouldn't need an ICO. This project just smells like just another scam ICO seasoned a random interesting topic.
Not being a gamer, or that technically inclined wanted to thank you for this post. haven't had time but when I read it I decided not to waste any time or money, thanks for sharing. I knew bandwidth would be a constraint but didn't realize the extent of it, not to mention the rest of the problems. They could do it in a centralized manner, and only have a decentralized token but still see project going nowhere until bandwidth (upstream) for average gamers increases and still end of day they could offer same service using Bitcoin instead of a token to compensate "miners" and renters since it's a centralized service. Anyway finally got a chance to check out the forums had this bookmarked wanted to say thanks for sharing your analysis of the whitepaper.
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Board Tokens (Altcoins)
Re: [ANN] PLAYKEY: DECENTRALIZED CLOUD GAMING PLATFORM
by
Liquid71
on 04/10/2017, 02:57:26 UTC
How can this startup compete with such a successful giant as NVIDIA on their own field?..

Nvidia have released a Cloud Gaming platform built upon their GPUs. And those guys, they're kind of manufacturing those GPUs themselves...

http://www.nvidia.com/object/cloud-gaming.html
If you read about their history they worked with Nvidia when building their current platform and company that has 750,000 subscribers mostly in Eastern Europe. The direction they are taking, eventually, will allow those with high end gaming rigs to rent them out when not gaming. You own a nice gaming rig, when you're not using it you load their virtual machine and let the rig "mine" playkey tokens by letting others use your rig. Nvidia is going the centralized route which is probably why playkey is changing things up going decentralized, taking idle rigs and putting them to work for others. This should allow them to compete on price if they get scale. Idle rigs just need to make a little more then power costs to make it worthwhile. Doesn't mean the rig will pay for itself by mining, Nvidia needs to ROI all the hardware they put in the cloud. Just a thought, and I could be wrong about their business plan but it's only way they can compete, putting idle rigs that were already purchased by gamers to work when not being used. And "mining" palykey tokens won't use as much power as mining other crypto since you're not running at 100% the entire time.

This is a cool idea if they can figure out the technical aspects but I fail to see why anyone would participate in this ICO.  There is a limit to the amount of money someone will pay for this service.  Its impossible for this coin to rise in value because at the end of the day, the only value is the ability to use it  to rent gpu time.
There's a limited supply, so if this takes off the subscription price can stay the same but more customers will mean more people buying $10 or whatever worth of the token. Same reason Bitcoin went up, limited supply. So the currency being limited means more people using the service the higher the price has to go, simple supply and demand.

All that said 100 million tokens is a pretty big supply, and it needs scale for it to even compete, and for the tokens to rise in value. Only reason I'm looking at it is their is an established company with almost a million customers already using their services. The white paper leaves a lot of questions, is playkey going to buy servers and "auction" them off going the data center route because then that is going head to head with Nvidia and seems like I'd rather own equity in the company than tokens. If this is going to lead to people with idle rigs renting them out (mining) at low rates then this could be a more cost effective way to offer gaming as a service. I'm interested but probably pass because I'm not clear on the business plan but will follow.
I saw the price was lowered to 0.004 ETH is that the presale price or the Nov. 1st price?