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Showing 7 of 7 results by neoteky
Post
Topic
Board Service Announcements (Altcoins)
Re: I created MyAltCoins to track all your cryptocurrency assets
by
neoteky
on 15/12/2013, 06:51:56 UTC
Looks really awesome - thanks for building this!
Post
Topic
Board Beginners & Help
Re: Five years of BTC history in one epic infographic
by
neoteky
on 15/12/2013, 06:16:37 UTC
Wow that is excellent - nice work!
Post
Topic
Board Beginners & Help
Re: n00b question about mining economics
by
neoteky
on 15/12/2013, 04:20:24 UTC
Mining altcoins with GPUs can still be profitable (depending on how much you need to spend and your power costs), but the days of profiting from mining BTC using GPUs are over.
Post
Topic
Board Beginners & Help
Re: I do not know what currency should start mining.
by
neoteky
on 15/12/2013, 02:37:10 UTC
There are also pools like hashcows which pick the most profitable currency automatically and optionally pay out in BTC.
Post
Topic
Board Beginners & Help
Re: Can somebody answer my question?
by
neoteky
on 15/12/2013, 00:42:22 UTC
   Thats what I was telling them, their argument was this example that they made, that if I had bought 1 BTC for $200 and sold at $1100 then bought back around $800ish, that if Bitcoin went to $4000 per coin, than instead of having a profit margin of $3800 I would have a margin of $3200 on the original coin.


There cannot be discussion when even simple math cannot be agreed on  Wink

My thoughts exactly after reading the initial post. Smiley

No you aren't missing anything - I'm not sure why they're focused on profit per coin, instead of profit overall which is the only important metric. Smiley
Post
Topic
Board Beginners & Help
Re: Can somebody answer my question?
by
neoteky
on 15/12/2013, 00:12:38 UTC
Because your holdings are now (probably) worth more USD and you have more BTC? I don't understand what their argument would be. If you had just held and not sold out near the top, you'd have fewer BTC.
True, they could say that you got lucky this time and shouldn't try timing in general, but that's kind of irrelevant at this point.
Post
Topic
Board Beginners & Help
Topic OP
Bitcoin Escrow Services
by
neoteky
on 15/12/2013, 00:03:25 UTC
This is my first post, but I'm wondering if anyone has recommendations on bitcoin escrow services. I found this question http://bitcoin.stackexchange.com/questions/241/which-bitcoin-escrow-services-are-available-and-reliable but most responses are from a while back.
Thanks for the help!
-Vidar