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Tranqueris

Member
Oct 26, 2017
2,734
My poor, poor mining profits, I'm down to 3 dollars a day. I think I'm just gonna make enough to withdraw to Coinbase one more time and then I'm gonna call it a day on mining for a while.
 

Lidl

Member
Dec 12, 2017
2,568
My poor, poor mining profits, I'm down to 3 dollars a day. I think I'm just gonna make enough to withdraw to Coinbase one more time and then I'm gonna call it a day on mining for a while.
I managed to make 30 to 35 Dollars in 6 days of mining Ravencoin. With one 1070ti, mining 12-16 hours a day.
However in the past few days the difficulty has increased by a shit ton so it's basically over for people without gpu rigs.
I could sell my Ravens on discord or crypto-bridge, but I guess I'll be hodling for now.

While in their discord I felt a bit weird around people who mined millions when it was easy. This experience made me vigilant about new (open source) pow coins.
In the past two days I also minded 10 Elicoin just in case: https://bitcointalk.org/index.php?topic=3028302.0

In other news:
https://techcrunch.com/2018/03/01/uber-co-founder-garrett-camp-is-creating-a-new-cryptocurrency/
Garrett Camp, best known for being a co-founder of Uber and founder of the accelerator/venture fund Expa, is launching his own cryptocurrency.

The currency is called Eco, and Camp wants it to be a digital global currency that can be used as a payment tool around the world for daily-use transactions.

There will be one trillion tokens issued initially, of which 50% will be given away to the first one billion verified humans that sign up. 20% will go to the universities running trusted nodes, 10% will go to advisors, 10% will go to strategic partners, and 10% will go to a newly formed Eco Foundation which will be responsible for creating and maintaining the network. Camp as well as a small number of partners affiliated with Expa will also donate $10M to seed the foundation with an operating budget.

Eco's initial whitepaper explains that it wants to improve on a few main issues common with digital currencies.

First, it wants to use only verified nodes for network support and transaction confirmations, meaning someone anonymous couldn't run a node and confirm transactions like they could do on bitcoin's network. While this essentially removes issues of 51% attacks or other acts of fraud, it also means it won't be truly decentralized.

Second, Eco will have a large token supply (one trillion, at least initially) and simple web and mobile apps. This is likely the project's attempt to be more user friendly, meaning a smaller dollar to Eco token conversation rate so regular users aren't scared away by high token prices, which often happens with bitcoin. Similarly, the web and mobile app directive likely means they want to make wallets easily accessible to anyone regardless of technical ability.

The last improvement is that Eco wants to be energy efficient when it comes to transaction verification and token generation, meaning there won't be a network of electricity-intensive miners supporting the network like some other cryptocurrencies have.

Get your Eco I guess https://eco.com/home
 

Sirpopopop

_ _ _ w _ _ _
Member
Oct 23, 2017
794
A recent airdrop I joined in that treated me well is Parachute.

It's essentially a platform for airdrops. What they do is partner up with ICOs offering airdrops and link the Parachute community to the currency of choice trying to build up a userbase. Thus, it's a synergistic relationship where more coins will be willing to offer airdrops through Parachute in return for getting the Parachute to engage on the Telegram/Discord and build up that coin's community.

Right now, the main use of the tokens seem to be for the eventual Parachute exchange. Still... for an airdrop token and concept, this is a solid one.
 

Varb

Member
Jan 9, 2018
13
I managed to make 30 to 35 Dollars in 6 days of mining Ravencoin. With one 1070ti, mining 12-16 hours a day.
However in the past few days the difficulty has increased by a shit ton so it's basically over for people without gpu rigs.
I could sell my Ravens on discord or crypto-bridge, but I guess I'll be hodling for now.

While in their discord I felt a bit weird around people who mined millions when it was easy. This experience made me vigilant about new (open source) pow coins.
In the past two days I also minded 10 Elicoin just in case: https://bitcointalk.org/index.php?topic=3028302.0

In other news:
https://techcrunch.com/2018/03/01/uber-co-founder-garrett-camp-is-creating-a-new-cryptocurrency/


Get your Eco I guess https://eco.com/home
I've been mining raven since you posted and have made around 26$ after 5 days of mining with my gtx 980, it's been really lucrative, thanks!
 
Oct 27, 2017
127
I've been reading Encyclopedia of Chart Patterns book along with other stuff , not sure if it's completely worthwhile but definitely netted me some gains so far. Maybe it's just luck, not sure yet.

One thing about chart reading that is not clear though is what is long term in crypto. All books talk about months as being the regular time frame where things can change , not sure what the equivalent is in crypto yet- one week is a long time - is that the equivalent of a regular stock month I wonder?
 

Brandson

Member
Oct 26, 2017
2,219
I've been reading Encyclopedia of Chart Patterns book along with other stuff , not sure if it's completely worthwhile but definitely netted me some gains so far. Maybe it's just luck, not sure yet.

One thing about chart reading that is not clear though is what is long term in crypto. All books talk about months as being the regular time frame where things can change , not sure what the equivalent is in crypto yet- one week is a long time - is that the equivalent of a regular stock month I wonder?

Crypto definitely moves way faster than established markets. Many techniques that apply to traditional markets work for crypto too, but the moves are bigger and faster, for now. That said, you'll notice the same patterns repeating on both short and long timescales in crypto. Daily, weekly, and monthly patterns can also still be meaningful in crypto as well. Some people even like to look at year-long Bitcoin fractals. TA can be particularly effective in crypto since so many of the people actively trading it are following the same TA rules.
 

Donos

Member
Nov 15, 2017
6,535
Some people are hyping themself up again for a possible Coinbase XRP listing / announcement (there is a meeting tomorrow). If this doesn't turn out to be, expect the price to dive again.
 

Fallout-NL

Member
Oct 30, 2017
6,748
Man, I'm left holding the bag on some bullshit coins.

Should have dumped all that photon/adc/flash crap the minute it went x2.
 

Fallout-NL

Member
Oct 30, 2017
6,748
(Don't think I lost too much on Flash, so it's not that bad.)

--------

I'm turning everything into NEO now to prepare for a token sale I want to participate in.

Have installed NEON wallet. How long does it typically take for a withdrawal to show up in the wallet?

/edit: never mind, took about 15 minutes.
 
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fourfourfun

Member
Oct 27, 2017
7,704
England
Ok, so I was distinctly unimpressed by Audiocoin, however this is looking promising:

https://emanate.live/

It is spearheaded by a guy who has made his name by making the Steem based Soundcloud clone.

https://busy.org/@prc/presenting-to-all-my-steemian-friends-another-project-of-mine-emanate

Some of it seems to crib from Musicoin, especially the contractual stuff. The audio fingerprinting tech looks like it could be very useful in enforcing copyright/protected material. Loads of other stuff mixed in there too. The DAW stuff is a real difference.

I'm tempted by the crowdsale. I have no idea how on earth I'm going to get any ETH to do it though.

I got given 500 MN8, so I didn't have to buy in!

Therr are a lot of similarities with Musicoin here (earning income through people playing your music) but they take the smart contract one step further.

If you're a developer of a virtual instrument, or a creator of a sample pack. Your work is there and available for any music producer as part of their chosen DAW (Ableton for example). You use their stuff, and they get credited as part of the play earnings. It could create an entirely enclosed and sustaining ecosystem for musicians and music tech people. As with anything else, I'm just keeping an eye on how they'll control people ripping off IP, but it's a great step.

It's definitely a cut about some basic music purchasing coin. I still didn't really grasp that.

On a tangent, ADC announced they are doing something in healthcare, which isn't what you want to see from a music currency. I've got a feeling that, and Voise will fall right away.
 

nonuser

Member
Oct 27, 2017
498
Yup lesson learned with coins with small amount of through volume, gotta get rid of that when the hype hits high!

I still have my ADC and some other "silly" coin bags. Costly but valuable lesson!
 

Mr. Robot

Member
Oct 30, 2017
499
Are there any groups, sub-reddits, to check for new coins to mine?
I want to try mining eth leaving my rig running, but maybe theres new coins with potential growth to turn into eth.
 

Spawnsniper

Member
Oct 28, 2017
770
So I have like a gtx650 can I mine anything with that? I'e tried whattomine website but I don't understand shit lmao.
 

sca

Member
Oct 25, 2017
1,471
Are there any groups, sub-reddits, to check for new coins to mine?
I want to try mining eth leaving my rig running, but maybe theres new coins with potential growth to turn into eth.
I only really check bitcointalk announcements

Been mining Elicoin right now.

Wonder if it will go anywhere. I certainly hope so.

nice. I'll check it out. I've been mining Turtlecoin and Stellite the past couple of months and Intensecoin before that
 

Donos

Member
Nov 15, 2017
6,535
COLX breathing its last breath.

I am not sure if Cryptopia and the white paper coming out can even help at this point honestly... sucks because I have a lot of those coins and was hoping for just .10 as that would of netted me a lot of money.

Still going to hodl though.

Don't think you can draw a sure conclusion at this moment. COLX follows the same waves most of the coins go through in this bear market atm. Don't see anything extraordinary (good or bad) for it.
 

Brandson

Member
Oct 26, 2017
2,219
BTC broke down from an ascending wedge near resistance of the log downtrend line, and is now making a new descending wedge, that will probably be short-lived. After studying the charts and considering a variety of options, I'm currently leaning towards BTCUSD making an ascending triangle, which is best visible on 4H or longer timeframes. This is a very common pattern for BTC and/or ETH to make after hitting a bottom, if you consider $5873 GDAX to be the bottom, which I do until proven otherwise. The pattern would be invalidated if BTC closes a 4H candle below around 10.2k GDAX today. BTC also forming a possible cup-and-handle on 4H, and its inverse head and shoulders formation continues to be in play.

ETH is still just following BTC around, with continued weakness on any recovery. You'll also notice considerable sell walls remaining on ETH up to $1000. Interesting that the holders of that ETH don't seem to be in any hurry to dump it. That can also help provide a clue for what is going on in the market.
 

TarNaru33

Banned
Oct 27, 2017
2,045
Guys, this thread seems really inactive now and hearing others opinions on the market helps confirm/deny some of my beliefs in how it is going. I guess I may have to ask for a discord invite since it will likely be more active there... how do I go about that?
 

nonuser

Member
Oct 27, 2017
498
Guys, this thread seems really inactive now and hearing others opinions on the market helps confirm/deny some of my beliefs in how it is going. I guess I may have to ask for a discord invite since it will likely be more active there... how do I go about that?

You'll have to wait until they open up invites. They will post in this thread when that occurs (at least that's what happened the last 2 times it has occurred).

A lot of the discussion in the Discord is not serious (imo), I honestly don't think you're missing out by not being on the Discord.

And concerning the inactivity of this thread, I guess who wants to talk about instability and downtrends...
 

Sulik2

Banned
Oct 27, 2017
8,168
Coinsmarkets is getting even scammier and scammier. Releasing ECA then going radio silent again and having a site outage last week. Really makes you wonder if the conspiracy that CM is owned by ECA might be true. Still it sucks that there isn't really anything we can do to pursue legal action against them.
 

Cipherr

Member
Oct 26, 2017
13,453
There's a deeper problem there though, if they're dishonest about something like this would I trust them in other things?


Im glad I made this WTC buy back during that dip. I don't think the twitter fail was nearly as big a deal as everyone else. The market seems so sensitive over just random screw ups. Letting some intern that runs your twitter participate (and even worse, win) making you look like a fool is a marketing blunder for sure, but literally nothing about the tech or its potential has changed. Those little events tend to blow over super fast.

Guys, this thread seems really inactive now and hearing others opinions on the market helps confirm/deny some of my beliefs in how it is going. I guess I may have to ask for a discord invite since it will likely be more active there... how do I go about that?

Its not all that much more lively in the discord lol. Just a little. mainly joking around.
 

Donos

Member
Nov 15, 2017
6,535
Guys, this thread seems really inactive now and hearing others opinions on the market helps confirm/deny some of my beliefs in how it is going. I guess I may have to ask for a discord invite since it will likely be more active there... how do I go about that?

Everybody just holding (bags). Not much to see. Going to be more activity in here in a bull market period. People also tend to sell/buy more then. Hype trains, moon shots and lambo tires are going to move the thread faster then...
 

notadino

Member
Oct 27, 2017
134
I honestly prefer the thread as it is now, I'm definitely not looking forward to the chaos and hail of uninformative posts during the last bull run, but what can you do.
 
Oct 25, 2017
865
the ocean
Bought some V recently as well. Hope I made the right call. Made several mistakes along the way but I think I'm getting better at this. I'm not going to panic next time the price goes way down. Wonder if V will ever get to the $2-3 range again.
 
Oct 25, 2017
865
the ocean
VeChain. Basically a blockchain solution that can be used in the supply chain and other applications. Getting support in China. Perhaps it will be the Ethereum for business haha. But I see that just over a year ago Eth was trading at $7 and so I'm thinking maybe VeChain will gain popularity as time goes on. So perhaps a good buy atm with this low price point.

https://www.investopedia.com/tech/introduction-vechain-ven/

Edit: lol, looks like you're already aware of VEN. but yeah, quick primer for those who don't know I guess
 

vehn

Banned
Oct 27, 2017
164
Y'all got two weeks to lock up your ven on wallets if you want the extra % rewards. 6k ven though for the first tier
 
Oct 25, 2017
865
the ocean
This is a dumb question since I'm a noob, but can I put the VEN on a Nano S Ledger wallet and get the rewards, or does it have to be on mew? I don't even have a Nano S Ledger, but thinking of getting one.

Also, how much is one unit of THOR Power worth? I guess the market will decide, but....is it like Gas and Neo? And is THOR the extra rewards you're talking about?

*found this, this kinda explains what THOR is worth:
https://i.redd.it/kpc53kiee2f01.jpg
 
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