Page 301 of 301 FirstFirst ... 201251291293294295296297298299300301
Results 7,501 to 7,509 of 7509

Thread: RIP Bitcoin

  1. #7501
    Thailand Expat
    fishlocker's Avatar
    Join Date
    Jan 2013
    Last Online
    @
    Location
    Bungling in the jungle
    Posts
    6,729

  2. #7502
    disturbance in the Turnip baldrick's Avatar
    Join Date
    Apr 2006
    Last Online
    Today @ 06:26 PM
    Location
    Thermae
    Posts
    19,920
    some more rumblings about tether - USDT

    has been doubts about this stablecoin for over a year , and if it implodes all the cryptos will get hammered

    people are talking about DAI as an alternative stablecoin , but I have no info on it - research it yourself if you are looking to shift from tether

  3. #7503
    Thailand Expat raycarey's Avatar
    Join Date
    Jan 2006
    Last Online
    @
    Posts
    12,223
    back in august i posted a link to a wsj article that queried whether or not tether had the cash to back up their tokens....IIRC, they didn't come out and call it fraud, but they had their suspicions.

    i don't know if anyone here is holding USDT, but i'd consider dumping it ASAP before it's too late.

  4. #7504
    disturbance in the Turnip baldrick's Avatar
    Join Date
    Apr 2006
    Last Online
    Today @ 06:26 PM
    Location
    Thermae
    Posts
    19,920
    bitfinex exchange is also involved - I would not leave coins there

    several stories to ponder here - https://medium.com/@bitfinexed

  5. #7505
    Thailand Expat raycarey's Avatar
    Join Date
    Jan 2006
    Last Online
    @
    Posts
    12,223
    If you bought $1000 worth of XRP in January it would now be worth $79.


    If you bought $1000 worth of Bud Light in January, drank all the beer, and traded in the cans for a nickel deposit, you would have $79.

    — Ramp Capital♿️ (@RampCapitalLLC) October 12, 2018



  6. #7506
    disturbance in the Turnip baldrick's Avatar
    Join Date
    Apr 2006
    Last Online
    Today @ 06:26 PM
    Location
    Thermae
    Posts
    19,920
    the pump in BTC today seems to be only on the exchanges with BTC/USDT pairs which may be people dumping tether

  7. #7507
    Thailand Expat
    Dragonfly's Avatar
    Join Date
    Oct 2015
    Last Online
    Today @ 01:26 PM
    Posts
    7,945
    no shortage of stupid people in the world who went for the bitcoins dream

  8. #7508
    Thailand Expat jabir's Avatar
    Join Date
    Jul 2016
    Last Online
    @
    Posts
    4,667
    If tether tanks, btc and the tribe will swoon and take years if ever to recover. Approaching ten years and too many grubby fingers in this unregulated pie.

  9. #7509
    lom
    lom is online now
    Thailand Expat lom's Avatar
    Join Date
    Jan 2006
    Last Online
    Today @ 06:26 PM
    Location
    Trapped in an old mans body
    Posts
    7,795
    Quote Originally Posted by baldrick View Post
    I am thinking about buying some more ASICs and sending them to the colo in the US I am using for my DCR1

    INNOSILICON
    The Innosilicon D9 with 2.5 times higher hash rate and 2.5 times higher power consumption than the Obelisk DCR1 wins over DCR1 since they are both similarly priced but none of them are profitable now when 1 DCR = $40.

    A more interesting miner is the Antminer DR3 which consumes 3 times the power of a DCR1 but delivers a 7 times higher hash rate. It is cheap , around $700 which is half price of the two mentioned above.

    If you are really minted then you can buy the Whatsminer DCS for $4800 and get a hash rate 40 times higher than DCR1.

    I didn't colo my DCR1, it is running here in home but I will probably stop it when it has mined for a month (ie when I have mined 1 DCR), I could use the money I pay for electricity and buy one DCR each month instead.
    Won't help much that I soon will be able to add a 3rd hash board in the box, the added electricity cost will eat up the additional income.
    What is needed for DCR1 to become profitable is a higher coin price..
    I do not have Twitter or Instagram so instead I walkabout in the streets. shouting to randomly selected
    people what I've eaten, drunk, and what my home looks like.
    It is after all important to build networks.
    So far I have 3 followers, one is apparently a doctor and the others are policemen.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •