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  1. #21
    Old Alpha theProphet's Avatar
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    if you go ethereum, you'll also join the dark side...



    Free from desire, you realize the mystery. Caught in desire, you see only the manifestations. Yet mystery and manifestations
    arise from the same source. This source is called darkness. Darkness within darkness. The gateway to all understanding. 道德經 老子
    Eyes closed -.-

  2. #22
    Quote Originally Posted by Makitoki View Post
    This quote is hidden because you are ignoring this member. Show Quote
    to answer you all's questions or most anyways.

    i started mining on nicehash in june this year with just my 1080ti
    in july bought 5 more 1080 ti and 12 rx580 to mine, i made around at the time in btc 1800 usd a month or roughly .75 btc a month because nicehash only pays u in btc for selling your hash power. all my equipment paid themselves off as of oct 16th (had i kept the btc and not sold as i got em it be paid of in august...)
    in september i started trading crypto with 20k usd, i am up over 38k usd as of today (however in hindsight would of been better off had i just bought btc and held, would be over 55k usd as of today...).

    now for those of you who keeps saying you cant spend or hard time etc etc, it's super easy infact as easy as using a credit card like this https://support.coinbase.com/custome...the-shift-card

    also takes 5 days to do an ach deposit into coinbase and get ready for this one cuz i know u all wont believe me, takes only 2 days to withdraw YOUR MONEY to your bank account and there is ZERO fee.

    bunch of my soc m8s got into this fake money as many of you have called it and all i can say every single one of em is up and very happy with their results, and for those of you that think it's to late to get into it one of our soc m8 just started a week ago and is up over 6% as of yesterday, and every thing i've mentioned is closed position not outstanding running balance.

    so if you love clds do some googling watch some reputable youtubers and make that fake money.
    Exactly. Any naysayer just doesn't have the drive to actually understand and go after it. They just call it fake and a scam so they feel better about putting no effort into it. They'd rather spend their time finding articles as to why it's a bad idea rather than even try.

  3. #23
    Elite Aio's Avatar
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    Quote Originally Posted by Slyk View Post
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    Exactly. Any naysayer just doesn't have the drive to actually understand and go after it. They just call it fake and a scam so they feel better about putting no effort into it. They'd rather spend their time finding articles as to why it's a bad idea rather than even try.
    It's just bubble trading, nothing more, nothing less. Artificial buying pressure applied so that those with investments keep them in the system and there is more USD pumped in to cover those who want out.

    The zero sum is more USD will get burned than is "earned", but for those who come out in the black then it will be the next best thing of course.

    I have no problem with those who are gambling on it, feel free, but those who think it's the "next big thing" and that btc (crypto) is modern and therefore better while usd (fiat) is old and therefore useless are being a bit silly.

  4. #24
    Einsteinium and Stellar Lumens...

    You're welcome

    CEX.IO for the purchase.
    Bittrex and/or Coinspot for the trading.
    EU highlights
    Hunt: 15,214 Ped Kiana Old -29th September 2011
    Mine: 896 Ped Cumbriz Stone -3rd July 2008
    Craft: 1,358 Ped Theater Mask (M) -21st December 2010

  5. #25
    Stalker San's Avatar
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    Experience is what you get when you didn't get what you wanted.

    http://www.zerohedge.com/news/2017-1...bitcoin-stolen
    1. I NEVER post off-topic.
    2. If you disagree, go to 1.

  6. #26
    Prowler Billy Jean Ruby's Avatar
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    please watch carefully those videos if you interested to know about cryptocurrency philosophy and potential.

    about bitcoin in general
    https://www.youtube.com/watch?v=l1si5ZWLgy0


    about..."bubble boy's!!!"
    https://www.youtube.com/watch?v=Rw8W92iIHZ8

    now think about it
    thank you

  7. #27
    fact is bitcoin is a bubble and will burst. thats insanely obvious. the technology behind bitcoin is old, it offers extremely slow transactions and very high fees. it has absolutely no use apart from speculation.

    and then i see the gold argument. i mean seriously? you want to use bitcoin as a longterm investment? something that fluctuates by 30% on a daily basis and has absolutely nothing to back up its value apart from hopes and dreams?

    sure you can make a lot of money with it shortterm. but bitcoin is no gold. and it is no currency. and it certainly is nothing for a longterm investment. thats very obvious. it might double up to 30k or maybe go to 100k and after it bursts it will end with a fraction of its value. there it might settle, after the speculators have switched to something different. but as long as its the go-to market for speculators its useless and stupid to use it as a longterm investment goal.

  8. #28
    Mutated mastermesh's Avatar
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    the cryptocurrencies are currently trading where they are because it's just a pump and dump scheme/scam at the moment.

    https://en.wikipedia.org/wiki/Pump_and_dump


    In ancient days pump and dumpers used fax machines (some still do). These days they use higher tech resources such as cryptocrapvertizing...

    Since there's no white paper from Mindark out yet... MA has the opportunity here to do something to make it not become a Pump and Dump, similar to what they did with CLDs and AUDs, backing investments in new/old games they are backing, possibly including all the games that were in Neverdie's white paper, but odds are likely they won't... as well, we all know the history...

    -------------

    As far as the cryptocurrencies themselves go... with the focus on using so much electricity, etc. it seems very anti-life in a lot of ways... If the calculations that were used to create the coins weren't just random complex crap, and was actually something life giving (such as the search intelligent life by SETI, or figuring out some cure for cancer using the complex cloud network to figure out some computer problems or something, it'd be very different... I suspect that that type of stuff is coming in the next few years, but right not it's not here, just a bunch of pump and dumpers.)
    Last edited by mastermesh; 12-08-2017 at 18:27.

  9. #29
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    Quote Originally Posted by San View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Experience is what you get when you didn't get what you wanted.

    http://www.zerohedge.com/news/2017-1...bitcoin-stolen
    Misleading a bit. People used NH as a wallet and they shouldn't have.. and got burnt. The hack in itself is antithetical to the existence of bitcoin, which is decentralization. Nicehash represented centralized wallets as does Coinbase, poloniex, etc - even though each of these provides a service and to provide said service it needs to be centralized. The risk is that at any time they can do a runner. People used nicehash as a wallet, just as mt. Gox back in the day and they got burned. Nicehash was also a heavy payload because of its popularity. Most people got hit with a few days of mining if they used the service.

    Quote Originally Posted by Me Really Never View Post
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    fact is bitcoin is a bubble and will burst. thats insanely obvious. the technology behind bitcoin is old, it offers extremely slow transactions and very high fees. it has absolutely no use apart from speculation.

    and then i see the gold argument. i mean seriously? you want to use bitcoin as a longterm investment? something that fluctuates by 30% on a daily basis and has absolutely nothing to back up its value apart from hopes and dreams?

    sure you can make a lot of money with it shortterm. but bitcoin is no gold. and it is no currency. and it certainly is nothing for a longterm investment. thats very obvious. it might double up to 30k or maybe go to 100k and after it bursts it will end with a fraction of its value. there it might settle, after the speculators have switched to something different. but as long as its the go-to market for speculators its useless and stupid to use it as a longterm investment goal.
    You have quite a few fallacies in your quote here. Blockchain technology, while has been used in bitcoin for some years, is not technically old as you lead on. It is actually considered relatively new and spreading across multiple industries, healthcare being one of them. The first few years of any good technology requires vetting. Is bitcoin speculative? Yes. So is gold, silver, oil, cattle futures, who wins a sports game - any commodity.. anything that is invest-able by definition. Is it a bubble? Right now, not really - part of the gains of bitcoin specifically is because of adoption, particular governments adding it to their portfolio, and interest in it because of visibility in it. Shorter supply with extreme demand will cause volatile spikes - cryptocurrencies will be prone to this volatility. The spike to $12,000 was caused by 100,000 accounts added to Coinbase. That's all it took.

    I would caution anyone who has your particular frame of thought. The people who have your type of thinking years ago are the ones who are kicking themselves now (myself included) and didn't take the time to see what it really what it was all about. Not for the money but for the technology. Skip the noise.. skip the blowhards in the news.. skip the banker bullshit (they don't want it.. it threatens them)... the folks who did are now millionaires. Fact is.. you have no idea if it will go down to 1 cent. It could. It is highly unlikely for bitcoin to do that. Ethereum could.. for sure many of the altcoins and all the silly ICOs would or have. You wouldn't mortgage your house to invest in it or anything stupid. But you could do the same type of research and fact finding that you would do with any other stock. You owe it to yourself.
    Last edited by atomicstorm; 12-08-2017 at 18:04.

  10. #30
    Quote Originally Posted by atomicstorm View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Misleading a bit. People used NH as a wallet and they shouldn't have.. and got burnt. The hack in itself is antithetical to the existence of bitcoin, which is decentralization. Nicehash represented centralized wallets as does Coinbase, poloniex, etc - even though each of these provides a service and to provide said service it needs to be centralized. The risk is that at any time they can do a runner. People used nicehash as a wallet, just as mt. Gox back in the day and they got burned. Nicehash was also a heavy payload because of its popularity. Most people got hit with a few days of mining if they used the service.
    its nice n all but bitcoin is far away from decentralization. there are less than a handfull big server farms and if they shut down bitcoin drops by 30% or more, as has happened in the past and until all the transactions are handled it may take days and horrendous fees. fact is bitcoin is bullcrap.

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