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Showing 20 of 343 results by Swinging Phallus
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Merits 2 from 1 user
Re: Idena is the first Proof-of-Person Blockchain
by
Swinging Phallus
on 17/09/2021, 12:33:17 UTC
⭐ Merited by realRioda (2)
Thanks to the help of a good friend, I was able to put together this simple guide on how to run an Idena node on a Raspberry Pi.

Hope it helps!


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Topic
Board Announcements (Altcoins)
Re: Idena is the first Proof-of-Person Blockchain
by
Swinging Phallus
on 03/09/2020, 11:31:03 UTC
Firstly, I want to say that this is an interesting project and I wish I heard about it sooner. The protocols are a bit clunky but it's certainly worth watching.


They decided that they could hand out invitations without doing any work for it.
So yes, you're right, they just opened up access to unlimited coins 2 times a month.
Greed. Inexhaustible greed.

I am on the Flip School telegram channel and read all messages.
And there is no hard work from the "teachers". 1-2 times a day they write something like - "yes, this is a good flip" or "no, this flip is bad, replace the pictures."
And this happens sooooo rarely.
So don't lie about hard work.

Let's not forget that they built the wallet and the first PoP blockchain network...
They've also created multiple articles on Medium to clearly explain their protocol. I can already tell that they put a lot of work already into this early on. (Probably to focus on development as this is a novel idea).


Developers can pay anyone and as many coins as they want, BUT only from 521k coins, which were intended for these purposes.
They do not have the right to get free coins out of thin air and use them on the network.


Anyone is free to judge it... but this wasn't an ICO (and if it were an ICO, you would have a solid point as these would have been allocated funds that were taken from investors, however all the value that is evaluated to this coin is being built by their hard work to make Idena). So tell me, are you really trying to 'gate keep' the usage of rewards embedded in Idenas protocol against the team that founded the project because "they do not have the right to get free coins and use them"?
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Topic
Board Tokens (Altcoins)
Re: [ANN] DexTrust | A decentralized exchange backed by Community (Trade on Uniswap)
by
Swinging Phallus
on 03/09/2020, 09:47:25 UTC
I have a few questions


Your website's "tokenomics" graph doesn't match the holding amounts in your etherscan ERC-20 token overview.
Can you directly link the addresses with these allocated funds stated on your website?

What exactly is "ecosystem" funds?

Your website "https://dextrust.org/" was created on August 10th 2020, according to WHOIS. According to your roadmap this project has been ongoing since 2019?? How?

What makes this token any different than SWAP?

Why are you an anonymous team?

Where's the whitepaper and github entries if this has been going on since 2019?
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Board Bounties (Altcoins)
Re: [Defi] DexTrust | Signature & Twitter Campaign (Trading live on Uniswap)
by
Swinging Phallus
on 03/09/2020, 09:34:08 UTC
Holy moly,I have a lot of questions... where do I begin?

Your website's "tokenomics" graph doesn't match the holding amounts in your etherscan ERC-20 token overview.
Can you directly link the addresses with these allocated funds stated on your website?

What exactly is "ecosystem" funds?

Your website "https://dextrust.org/" was created on August 10th, according to WHOIS. According to your roadmap this project has been ongoing since 2019?? How?

What makes this token any different than SWAP?

Anonymous team, I get it. Not really a good idea, considering your logo looks like it was made with photoshop effects? Bevel and emboss.

Your Telegram has been ignoring legitimate questions by directly linking your medium article, and banning those who have concerns.


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Board Meta
Re: Suggestions to improve bitcointalk forum.
by
Swinging Phallus
on 06/04/2018, 12:09:46 UTC
I have some suggestions that I think will improve the bitcointalk forum.

(1) Notification
          - Something like the notification bar in Facebook. Wherein you can get the numbers whether some users replied to your posts or if someone quoted your replies. It will make it easier to look for the new replies. Only, if that is possible to be applied in this forum.
Doesn't the option "Show new replies to your posts" that you can see in the top of the screen mean nothing to you? It works pretty effectively with the target that you mentioned here.
Quote
(2) Bitcoin Value Bar
          - The current value of bitcoin. It can be placed at the bottom of the date, or at the center of the heading. It is much better to have other coins as well, such as Ethereum and Litecoin.
In this case the number of posts about current price of Bitcoin or other altcoin would trash the forum, because of every newbie would open a new thread to pay attention on the change.
Quote
(3) Friends List
          - In my opinion, it is necessary in this forum. As for myself, I joined this forum because of my friends. And it would help if we have some friends list to quickly show the people you have added.

These are just some of the ideas/suggestions that I think will improve the forum. It does not mean that it will truly benefit the forum. But just in my own perspective.
As someone said already we have Facebook for friends and having such function would awake a lot of doubts from the side of managers and moderators about multiply accounts and so on.

For Option 1, I would have to agree with kjnfmplm. Yes, show new replies will show you just that... New replies, It won't show you new replies that quote your own comment though. That's how most people have 1 on 1 discussions on this forum. (as for it being connected to Facebook... no, there's no point for that)

Option 2 is arbitrary and unnecessary in my opinion. It's clutter.

Option 3 I feel the same as in option 2. If you have built a relationship with someone you will have means to communicate and connect with them regardless if you have a list. If you need a list to remember them - you didn't build a relationship with them
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Board Off-topic
Re: Decentralized apps (dApps) Tutorial
by
Swinging Phallus
on 06/04/2018, 11:57:27 UTC
This isn't really off topic to be honest, this post can probably be moved to Altcoin Discussion. I haven't really divulged into making dAPPS myself but what I can tell you is that most dAPPS on the Ethereum blockchain use the programming language Solidity. It would be good for you to get a decent understanding of programming though before you jump into solidity, one great recommendation I can give you is Python - It's a great way to begin to understand programming at a basic level.

Also, I really enjoy watching Ivan on Tech on Youtube - I know he is selling a developer course for making dAPPS on the Ethereum network. I don't feel comfortable recommending his course to you knowing that the information to do these things are freely available on the internet (and can be learned with just the right amount of ambition) but if you need guidance that may be a considerable route for you - Not to mention there are many other courses to choose from than just his ( I am just well aware of his since he plugs it in a lot of his videos).
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Board Altcoin Discussion
Re: IS ETH GONNA REACH $200?
by
Swinging Phallus
on 06/04/2018, 11:31:29 UTC
I think $ 300 is Ethereum's lowest price limit if it reaches $ 200 then it's already at the lowest price threshold and will certainly make people panic and will sell their assets so Dump happens.

Agree, If ETH hasn't reached the bottom 300 would be it. We have a long line of support at 300. I don't believe we will reach that level (at least any time soon), but if we do I would assume it wouldn't stay there for long (as long as price drop isn't relative to BTC or if some black swan event were to happen)
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Board Mining (Altcoins)
Re: Ethereum ASIC Miner - Bitmain Antminer E3 and How YOU can help Hardfork ETH
by
Swinging Phallus
on 06/04/2018, 11:13:55 UTC
To preface...

Vosk, I didn't know you were a poster on BTCT as well. I enjoy watching your videos (and I'm a KMD hodler as well - so big kudos to you for all your work). I always enjoy your content.

I fully agree.  People need to be careful what they wish for.  An algo change could easily propel Ethereum Classic above ETH. Why would anyone invest in a technology that shows its willingness to change rules on a whim.

Given your argument, one could also say a lack of algo change could easily propel ETH below Ethereum Classic. Why would anyone invest in a technology that is not willing to adapt to changes?

As a GPU miner, i'm all for banning ASICs to keep my rigs profitable. As an investor, i'd still vote for banning ASICs to ensure no single company monopolizes the mining industry.

My input resonates with this statement as well. I understand peoples concern for constant changes in a currently functioning protocol, but if it's for the sustainability of the protocol itself (of keeping the network decentralized) - I'm for it. Although I do have to admit the hashrate of these ASIC Miners are pretty unconvincing to me. This is no where near the massive hashrate / efficiency spike we see when ASICs are implemented compared to other algorithms in my opinion, so I dont see it as much of a threat. I feel neutral and actally a bit positive about the outcome...Especially knowing how vehemently the Ethereum team wants to stop this.
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Topic
Board Mining (Altcoins)
Re: How to do Deep Mining?
by
Swinging Phallus
on 05/04/2018, 18:06:31 UTC
you can read all coin and makes decision.

just remember no one knows the future. unless you are time traveler Grin Grin

A bit agree with this.

But don't worry OP, you can calculate the possibility from coins technical information including current coin price so that you can do short term mining.

Yeah, also be aware that if you do find a decent coin - expect a group of people mass mining with nicehash, It may also be a good idea to use nicehash if necessary - I know i wish I had when I heard about BCO and Pirl at its inception.
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Board Altcoin Discussion
Re: Is banning Crypto ads on social media short sighted?
by
Swinging Phallus
on 05/04/2018, 18:02:09 UTC
Intereting article that argues 'yes', saying it's a heavy handed: https://www.gamesindustry.biz/articles/2018-04-03-banning-cryptocurrency-ads-is-short-sighted

Curious people's thoughts on this.

Maybe it's short sighted but I don't think it will have any important or long lasting effects that will change the crypto industry when it comes to advertising.

Agreed, Long term it's not that effective. Bitcoin grew with nearly no marketing, the protocol of it spoke for itself. I'm sure once other projects deliver somewhere near that caliber, we will see the same effect.

To add, most projects are pure trash if they go about the advertising route (before even having a product as well). It's kind of a blessing in disguise in my opinion.
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Topic
Board Altcoin Discussion
Re: Best <$20 cryptocurrency?
by
Swinging Phallus
on 05/04/2018, 17:55:43 UTC
Honestly, sometimes no. The whole cheap and hot thing is just unit bias. We want to buy stuff we can own full coins of. You shouldn't be looking at the total price of a coin ever, because it doesnt mean anything.
If you want good "cheap and hot" altcoins, I would rather  suggest looking at the rank 100-200 coins for GOOD projects with decent communities and dedicating max 5% of your portfolio to it. Marketcap is what determines your possible gains.

Look at Ripple and Tron, sure it ain't scams or bad projects but I can assure you their high supply and low unit price played very big roles in the pumps we saw in their price. But you can never call something with a 19 billion dollar marketcap cheap. People always want to look at something and say "omg if this hits a dollar then moon/lambo!!", but the reality of total supply often times mean that these coins would have such impossible market caps then.

One coin that I recommend looking in to is ETN, it's price has fallen a lot. I think it is mostly because they had a very large number of newbies in their ICO who expected to drive a lambo on the moon 2 weeks after listing. You even saw people make videos saying  $35 In March 2018. As reality set in many of these people ended up selling and the price has tanked a bit. Its being also manipulated down now. The community contains many overly fanatic fanboys but heck. I like that project. They are accumulating users and have commercial deals signed already exposing them to 130million users so far. All in just 4 Months and change.

This is the kind of thing I personally look at; what has this coin done to make it used in the real world by normal people. I do expect our speculative bubble will pop. But things that are used by normal average Joes will come out stronger afterwards.

So spend your time looking at low market cap stuff, and find a project that you can see will be used in the REAL WORLD and not pumped and dumped on exchanges. Real use and large amounts of users means value in my eye. The same goes for ICO's. I never invest into something that has a small community.
Make sure you keep a good amount of your portfolio in top 10 and 20 coins too, especially BTC because that is the safest place to keep your gains in due to the high liquidity.

Well that's my 5 cents, hope it helps.

THISSSS, It's the market cap ,use case and consistency of the project... not the price. I enjoyed reading your post - I would post more here but I feel as if you said everything I wanted to say.... except for my little plug for KMD as a recommendation.
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Board Mining (Altcoins)
Re: What happened to GPU mining (late March 2018)?
by
Swinging Phallus
on 05/04/2018, 17:51:52 UTC
It's all about price.. BTC Miners are losing money until btc's price up to 10k$...

I'm a gpu miner of Minexcoin and difficulty increased by 10 times last 30 days. Still it's better than ethereum mining.

Anyway, this job is still profitable but it wants labor and time and the profit is not enough for my labor. So I'm thinking about selling my cards...

I guess that now large number of people are looking for alternatives for mining. So I doesn't surprise me to hear that difficulty for Minexcoin increased 10 times. Many consider bailing out like you do, and I guess that is reasonable. If profit doesn't cover basic thing, its not worth doing it. So I guess that because of this things people are selling their equipment for such low prices that OP have seen.
With everything that is going on and things that are comming, we will see even more of things like this.

I want to call you pessimistic, but I see you are cynical after looking in retrospect. I'm on the fence about GPU mining, ETH really resurrected GPU mining, Now that ASICs are taking control - I can't see any better time to sell my GPUs and just stop for a while (still, a part of me wants to swim against the flow). I know that ETH is planning on hardforking but they don't even have any idea how the ASICs work so it would be a guessing game until they are in market and for sale.  We know Jihan Wu is just going to keep the delivery to market postponed until whenever he sees fit.
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Topic
Board Mining (Altcoins)
Re: India Bans Crypto Currencies
by
Swinging Phallus
on 05/04/2018, 17:43:03 UTC
it's hilarious that people think this can be stopped  Cheesy Cheesy Cheesy Cheesy

It's just as hilarious that people think this can't be stopped

Yeah, valid. Regulations wont be able to stop it 100% but there sure are other ways it can be done. Quantum computers may render private keys useless, there will be a time in the future when people will laugh at our measly binary systems.
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Board Announcements (Altcoins)
Re: Triton [TRIT] | CryptoNight | Main-net Launch 3/1/2018
by
Swinging Phallus
on 02/04/2018, 10:39:47 UTC
Have no idea why anyone would waste their hash power on this. Seriously, there is no effort in explaining its use case other than a few sentences on this thread, the whitepaper is copypasta. The website has 404 pages everywhere and there is no information on the team.  Huh
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Board Mining (Altcoins)
Re: Mining in my country (your opinion)
by
Swinging Phallus
on 02/04/2018, 10:28:58 UTC
They are killing miners in Venezuela.

Do you have sources?.. I'd like to read that article. I know that Miners have to register with the government. I don't know what the penalty is but that sounds a bit over exaggerated.
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Board Beginners & Help
Re: I'm new to bitcoin!
by
Swinging Phallus
on 02/04/2018, 10:23:44 UTC
Everything is explained in this thread. Just take the time to learn about BTC (there's even a wiki for this) and converse with the community. Be informative and take time to spell check and you'll get merit eventually.

If you are just posting one liners without reading the posts that came before you in a thread then you are doing it wrong. Merit isn't something that is easily handed out.
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Topic
Board Beginners & Help
Re: Best youtube channel
by
Swinging Phallus
on 02/04/2018, 10:07:13 UTC
I really enjoyed watching cryptodaily but he disappeared since the crash. I would recommend Datadash, Ivan on Tech, Crypto Investor, and Boxmining - those are my go tos for interesting inputs and conversations.
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Topic
Board Mining (Altcoins)
Re: How much could I get sell a 4-GPU (RX 580) rig, right now?
by
Swinging Phallus
on 30/03/2018, 16:12:53 UTC
I saw somebody in my community are selling their old RX580 at around 320$. I'm thinking about purchasing some or buy asic miner. Asic mineris quite better now.

Yeah, but they only last so long. You never know when there will be a better one released at a later date or if the coin you find most profitable ends up changing its algo, either way ASICs go obsolete far too quickly for long term situations.
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Topic
Board Mining (Altcoins)
Re: How much could I get sell a 4-GPU (RX 580) rig, right now?
by
Swinging Phallus
on 30/03/2018, 12:09:56 UTC
Ebay is a really good resource.  Just search for RX 580 and then select the option to show sold listings.  from there, you can get an idea for how much they are selling for.  Exception to that: you may see some ridiculous low prices that are scam attempts and invalid.  Judgement call on your part to determine what's a valid price but it's usually not too hard to figure out.

Personally, I just did Craigslist and sold locally and I'm in a weird/limited market place... sort of geographically isolated comparatively but it all worked out fine.  Good thing about CL compared to Ebay is you don't have to worry as much about fees, packaging, and returns.  Just don't be a jerk and sell crappy gear or else I can imagine other bad things happening.  I've heard stories.  

But yeah, I really like CL lately.  It just depends on the margin between sales and hassle between various resale options.  I was really pleased to use some used GPU's I picked up off ebay and then sold them for a little bit more after mining with them for several months.  What could be better than that?  lol

I agree, Ebay is a great resource to compare prices. Only issue I have with actually using Ebay to sell with, is that I just can't trust shipping carriers with a mining rig. I used to work for a shipping carrier and i know that there are a LOT of workers who don't care for a fragile sticker. I might just take your route and take the CL approach.

Just spoke to a dude in greater Chicago who is selling rigs with 9x RX 580 8gb for $3500...  

There are a lot of weak hands now because of the market. A lot of hobby miners are dropping their rigs at crazy prices for their own detriment. I would pick those up if I were you, only because I like swimming against the current - when it comes to the odds.
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Topic
Board Mining (Altcoins)
Re: On the brighter side, ETH difficulty is down.
by
Swinging Phallus
on 30/03/2018, 12:05:28 UTC
The problem is that until there is a confirmed actual ETH ASIC, all those reports are still only RUMORS. I wouldn't factor them into the equation.

S7 , S9 , D3, L3, L3+, X3 from Bitmain all come forward as a rumors Smiley For some reason all those rumors become reality ...
I would say its pretty much confirmed ...


also ...
How can you deny it when the chart is right there in front of you? Take a look at the past few months, its never gone down this sharply for this long.
Things are changing. Miners are quitting.
Check that chart a little bit better ...
Bitmain might just had to replace a transformer in they ETH asic mining facility Wink





Good analysis, I don't really see the drop in difficulty to be anything new. I really didn't want to believe that Asics were being implemented for ETH but the more I look at the evidence it seems that it may be more of a possibility (citing from this CNBC article, "During our travels through Asia last week, we confirmed that Bitmain has already developed an ASIC").

I feel it would've been only beneficial for Bitmain to keep this hushed until the right time. I'm sure Bitmain understands that ETH will gladly hardfork to keep itself Asic resistant so it only makes sense. This may explain a bit more for the jump in difficulty we've seen imo.

I dont think an ETHASH ASIC will last long in the market though, seeing that it is definitive that ETH will combat it. I think Bitmain knows this as well, Maybe this has something to do with market manipulation? maybe not?