the stability of ETH price is a good indication that it is a good time to buy with current price of 230~250$ range. It will be definitely a good profit in next few weeks.
I agree with that. The price is quite low at the moment.
So far, the Ethereum is the best of all the altcoins, although I am not emotional.
What makes one coin "best one"? Bitcoin is popular and interesting because it is first and already it is adopted very well, after few years been incognito. ETH still has chances but has no time, it will become obsolete very fast. This is not the case with Bitcoin.
Since last week after the darknet announcement that their Marketplace AlphaBay Will Enable Ethereum Payments integration by May 1st. After the news, Ethereum prices are moving quite fast. It is better to invest some money in this and if lucky can make some decent profit.
Is this the only reason? But the real question is will it last as long as the bitcoin?
I don't think this is the only reason. There are other reasons as well, I speculate that their an entity really pumping it hard. Whether is a nation, South Korea or wealthy investors. I think its not late to join them and buy ETH now. It may touched $300 in the next coming weeks.
Then these entities much be very rich.
I think so. The people investing in Ethereum in the past have made good profits.
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BoardMining (Altcoins)
Re: Fourth alt coin thread last three got oversized.
I don't think the profitability now will last long , it will decrease again until it reaches the what i call mining support point which is $1/card seems like the avarege electricity prices worldwide keep this support point from getting lower , the only thing that can break this $1/card/day is newer hardware getting out to the market...
That is right. A few weeks ago, the mining profit was less than $1/card.
Every new coin is opportunity for traders to earn money and this is all about. Don't get too emotional about project, this can be very bad for you, and for your money. Why should ETH be diferent from other coins? Even bitcoin price is very speculative and its price is controled on exchanges.
So far, the Ethereum is the best of all the altcoins, although I am not emotional.
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BoardMining (Altcoins)
Re: How long have your rigs run without resetting?
Try to select only those altcoins which will have reliable and known developers and will have a good number of investment and will have a good volume of trade.
Yeah these features are most affecting the value of any altcoin, coins with that features will have good potential to increase in value in the future so any person who will have investment in that coin will not be disappointed and will earn a good profit in the future when the value will increase.
not forever the alt coins are having a reliable developer will having the happy ending, maybe there are a lot of example like that. I think too difficult just considering about their developer. and there is no guarantee about your profit if choosing the altcoins with the reliable development.
But if the developers disclose their identity and they share all their activity with public so we will be able to know that how much they can struggle for their coin and how much they are reliable and by showing their identity they will not commit to scam people.
knowing the identity of the developers doesn't guarantee the safety of the coin and it certainly does not guarantee you not to lose money when you invest in them. as an example you can take a look at ethereum that we all know the identity of the main developer Vitalik B. but we all know how manipulated and scammy that coins really is and it has caused a lot of pump and dumps and losses for many people.
That is right. But if you know the identity of the developers, you can know their traack record and find a good one.
i think you start Altcoin trading from yobit and a huge of people are also using yobit for trading because yobit is much more good and secure and yobit is very popular and i also using yobit for trading .
for me yobit only be good place to train your skills in the beginning . but not good at all later if you continue trading for long term. they are indeed have a lot of choice to trade altcoin. but yobit for me morelikely to a scam trading platform if you trade in high amount.
I mainly use the Poloniex for most of my trading. If the coin is not liquid, I will use the Bittrex. It is also good.
I would like to say that bitcoin price is stable at present moment. In future near this end of this year bitcoin price will increase upto 800$ and it will stable through out next year. So hope for the good one and everything become normal.
Hoping for something to be all right won't bring you anything. Bitcoin is too unpredictable for that.
Having said that, the current "stability" might actually bore certain large traders and make them dump as result. That's why I am prepared for literally anything right now.
The stable price could attract some big whales and pump the price a lot after they have got enough coins before the pump.
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BoardSpeculation
Re: Holy crap on a cracker! Another spike ($533USD) ! To the mooooon!
The marketing is behaving like there is another pump coming up. Flirting with 680 means 2 thing. The price will go up or we may find it go back to 600.
The price may down a bit but it will recover days later and climb it's way again to 4-digits value. There will be an ups and downs because that's how volatility works but expect the ending value we have at the end of the year is at 4-digit.
There is small up and down toady. There is nothing to worry. As long the price rises in long term, I am happy.
For the last 6 years, if you take the 200 days moving average price, the price always rises in every 3 year period.
In the long term, the bitcoin price will rise. We just need to promote the bitcoin and let more people use it.
That is right. We need to promote the bitcoin and let more business to use the bitcoin. The price will rise with the adoption.
I promote the bitcoin to my friends and relatives. Only one of them has bought some bitcoin since the promotion.
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BoardSpeculation
Re: Holy crap on a cracker! Another spike ($533USD) ! To the mooooon!
The marketing is behaving like there is another pump coming up. Flirting with 680 means 2 thing. The price will go up or we may find it go back to 600.
The price may down a bit but it will recover days later and climb it's way again to 4-digits value. There will be an ups and downs because that's how volatility works but expect the ending value we have at the end of the year is at 4-digit.
There is small up and down toady. There is nothing to worry. As long the price rises in long term, I am happy.
For the last 6 years, if you take the 200 days moving average price, the price always rises in every 3 year period.
In the long term, the bitcoin price will rise. We just need to promote the bitcoin and let more people use it.
I guess there was no time to look forward at a higher price, to be honest there is little doubt that prices will fall even after halving occur. will see the price at 11th july, my guess $670
The price on the halving day or a few days after will be around $640 to $740. If there is good news, the price will be higher.
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BoardSpeculation
Re: Holy crap on a cracker! Another spike ($533USD) ! To the mooooon!
Not a long ago we were panicking because it went under 600, and not a long ago we were celebrating 533 as an huge spike. Right now we are back at 660 and climbing. This is Bitcoin! Buy and hold.
That's how it really is, volatility is so sensible. It keeps on changing and no one can predict now what will really happen when halving come. I just hope the dynamic value of bitcoin results to benefit us.
I stopped trading a few months ago. The price is too volatile. I just buy and hold the coin and wait for the price rise.
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BoardSpeculation
Re: Do you think bitcoin will used as National Currency on 2026?
by
Rukusilf
on 16/05/2016, 19:53:23 UTC
If a nation is very broke and has very high inflation of the fiat, people will lose confidence and use bitcoin.
I have a AMD 8 core FX CPU, 16GB RAM, 1 x R9-390-8GB and GTX980 Ti-6GB running on my PC. If I put NH miner running 24x7, what would be the BTC payout per day? Is it profitable to mine this way (ie. using NH) or better to mine individually vs multi-algo auto-mining? I know this may sound basic questions but appreciate 2nd opinions.
Thanks
CPU will generate more heat and eat more energy but profit will be near zero. So better disable cpu mining in nicehash miner, R9 390 and 980ti are good for mining and if you don't want to waste time learning all altcoin mining details then nicehash miner is good choice. BTC payout per day will vary, so just try for a day and you will see.
I just got around to experiment, and after running standard benchmark - the app smartly chosen the 390 for ETH and 980-Ti for algo/neoscrypt. The dashboard says 6.5$ per day and global rate 13.2$ -- I assume after running this for day, I might catch up to global rate? I disabled the CPU... after I see the payout of cents compares to dollars compared to GPU mining. Yes, the AMD 8-core does heat up.
I noticed the ETH mining uses sammy007 proxy. If I have another rig, could I point ETH mining to this proxy?
The Claymore miner does not support solo mining at the moment. So you cannot use it for the proxy.
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BoardMining (Altcoins)
Re: [ETH-Mining] 17 MH/7970 Much lower then expected, any help is appreciated
He could crash the price, and that is probably it. Bitcoin is based on a consensus system, so he would not be able to change how bitcoin works unless he writes a new client, and convince most people to use it.
That is right. I will treat the same as other individuals. He will not have more say than other people.