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Showing 16 of 16 results by tecnocris
We don't need any more coins, focus on using the ones we have.
we do, just not trash coin last last couple days
Yep, we desperately need a new coin, but a good coin, not junk coin
Please, do not create another alt-currency until you can figure out a way to make it innovative....I'm actually thinking about starting up a non-profit research/advisory council to come up with the best possible coin/coins with all the features needed to make it successful for all parties involved (users and investors) and whoever else might have a stake in a new, long-term, stable coin with staying power. Obviously this would have to have short transaction times, security, anonymity, (perhaps charge-back features?) and whatnot if the retail commodity consumption market will ever get within 10 feet of real adoption. If we can get past all these barriers to widespread adoption we can make a coin that will truly move past these cumbersome and crooked fiats - but it is going to take work and a lot of smart minds to get there.
It is the fact newer scamcoins ruined prices and trade volumes for previously added altcoins. I think exchange owners will rethink adding any more pointless altcoins which is
what gives a chance to YAC. It is different. YAC launch was not good, many got too much YAC in short period of time due to low starting difficulty but things are going better.
Once "weak hands" dump their YAC and move to other altcoins, YAC will stay and grow stronger and that is what other exchange owners might recognize as positive signal.
As for the FTC, CNC and other crapcoins, the only thing I see happening with them is removal from exchanges. There is really no need for any of those altcoins since they add
not much to cryptocoin scene.
what gives a chance to YAC. It is different. YAC launch was not good, many got too much YAC in short period of time due to low starting difficulty but things are going better.
Once "weak hands" dump their YAC and move to other altcoins, YAC will stay and grow stronger and that is what other exchange owners might recognize as positive signal.
As for the FTC, CNC and other crapcoins, the only thing I see happening with them is removal from exchanges. There is really no need for any of those altcoins since they add
not much to cryptocoin scene.
For that matter there is no need for yac, it is yet ANOTHER POINTLESS ALT COIN
If you want to earn a living doing mining you are going to have to work at it. Mining requires a lot of time spent in forums reading and learning, then once you have the capital invested in hardware you have to tweak and tweak and tweak. There will be less work with the asic miners but by the time your order is fulfilled in a few months and you actually start mining with it the difficulty will be through the roof as compared to right now, so your profits will not be as high as they look like today. As time goes on and the difficulty continues increasing then eventually you will earn less than the electricity you spend to run the hardware (with asic mining this is less of a concern).
Additionally, if you want to earn a living you are also going to have to continue scaling up, which means a lot of investment which means rather than taking your earnings as pay, you are going to have to roll them back into more hardware so you can earn more so you can get more hardware and the cycle continues. Its the only way to stay ahead of the curve. So yeah, good luck and have fun, I hope you can figure out a strategy and make a good go at it!
Additionally, if you want to earn a living you are also going to have to continue scaling up, which means a lot of investment which means rather than taking your earnings as pay, you are going to have to roll them back into more hardware so you can earn more so you can get more hardware and the cycle continues. Its the only way to stay ahead of the curve. So yeah, good luck and have fun, I hope you can figure out a strategy and make a good go at it!
If the value dropps precipitously then you are SOL unless you want to hold on to them until the price comes back up. Mt. Gox is where most people trade but you can also use btc-e (russian site), google them if you need to.
Man, a lot of people might lose a lot of money (temporarily or permanently) if it hit single digits. Makes my stomach turn lol
risk is a hell of a drug
I would be curious to know: What is your best / most reliable / most relevant bitcoin / altcoin news source(s)?
It could be for trading, for "knowing what is happening", for fun, etc.
Please post it here, and write a few lines why it's your best source(s).
Thanks!
I would be interested tooIt could be for trading, for "knowing what is happening", for fun, etc.
Please post it here, and write a few lines why it's your best source(s).
Thanks!
Re: Mining Without Electricity Cost !!! What Do You Suggest?
If you want to continue investing in GPUs, you better start mining litecoin and watching the other altcoins closely. Knowing which coin is more profitable on a daily basis is important and will maximize your profits.
Litecoin profitability had dropped quite a bit just in the last week alone.
do you think this current slide in price will result in a crash or rebound soon. or a slow long slide to a stabilization?
I would say its all speculation until the market stabilizes, and even then stable markets have a propensity to become destabilized from time to time. The real question should be to ask what the variables that are causing the slide are, and how do we recognize changes in those variables.