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[Official] BitCoin LiteCoin DigitalCoin and all Crypto Currencies Club And General Information Thread - Page 1471

post #14701 of 22320
Quote:
Originally Posted by incog View Post

I'm getting 335 MH/s on a 7970 with an intensity of 14.

I think I'm getting something wrong. i think yesterday I had a way higher hashrate but I can't rememeber the exact number

tips?

I'm getting 338Mh/s with 7970 - I think that is normal for this type - but I am using I-13.
post #14702 of 22320
Quote:
Originally Posted by daguardian View Post

Quote:
Originally Posted by incog View Post

I'm getting 335 MH/s on a 7970 with an intensity of 14.

I think I'm getting something wrong. i think yesterday I had a way higher hashrate but I can't rememeber the exact number

tips?

I'm getting 338Mh/s with 7970 - I think that is normal for this type - but I am using I-13.

thanks for confirming my doubts; i wasn't sure of this was a good value or not
post #14703 of 22320
Quote:
Originally Posted by Darth Scabrous View Post

Well, I can't actually mess with that, since I live in a dorm. So, every room, in a building that has class rooms, a gym, cafeteria, and rooms for 400 people, every single outlet is ground up.

The reason for ground up is so that if a device plug becomes unplugged a bit and something falls on it, it hits the ground first and doesn't short the line and neutral.....

This is common in schools, hospitals, public area, etc.....
Edited by kzim9 - 3/1/14 at 2:43am
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post #14704 of 22320
people complains this helix coin to be super cheap should we continue mine or give up?
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post #14705 of 22320
Quote:
Originally Posted by ozzy1925 View Post

people complains this helix coin to be super cheap should we continue mine or give up?

That's your call to make.

It's indeed quite cheap and it's mining quite slowly. On the other hand, I think this is one the coins whose value will only rise? I'm not sure. I'm betting on that rise anyway.

My last bet was on blackcoin and that backfired pretty badly. I made the huge mistake of buying some with the intent on selling them when they're worth more. It looks like they're never be as valuable as they were when I bought them. I could be wrong but I'm probably not.
post #14706 of 22320
Quote:
Originally Posted by incog View Post

That's your call to make.

It's indeed quite cheap and it's mining quite slowly. On the other hand, I think this is one the coins whose value will only rise? I'm not sure. I'm betting on that rise anyway.

My last bet was on blackcoin and that backfired pretty badly. I made the huge mistake of buying some with the intent on selling them when they're worth more. It looks like they're never be as valuable as they were when I bought them. I could be wrong but I'm probably not.

Don't be so sure with BC someones playing games with it right now buying up everything at 1200, the pump will be coming soon and that's when it's time to sell if you wish to get out

As for all the other coins including blackcoin they're all trash, there's only a few which have real world application like DOGE with its tipbots and accepted on certain poker sites and Noble coin with it's Amazon shop but even with those the coins are dirt cheap right now. It's going to at least a few years like what happened with bitcoin for any of these coins to become valuable, but there's too many dumpers who just want a quick buck and aren't thinking long term
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post #14707 of 22320
Quote:
Originally Posted by Minusorange View Post

Quote:
Originally Posted by incog View Post

That's your call to make.

It's indeed quite cheap and it's mining quite slowly. On the other hand, I think this is one the coins whose value will only rise? I'm not sure. I'm betting on that rise anyway.

My last bet was on blackcoin and that backfired pretty badly. I made the huge mistake of buying some with the intent on selling them when they're worth more. It looks like they're never be as valuable as they were when I bought them. I could be wrong but I'm probably not.

Don't be so sure with BC someones playing games with it right now buying up everything at 1200, the pump will be coming soon and that's when it's time to sell if you wish to get out

As for all the other coins including blackcoin they're all trash, there's only a few which have real world application like DOGE with its tipbots and accepted on certain poker sites and Noble coin with it's Amazon shop but even with those the coins are dirt cheap right now. It's going to at least a few years like what happened with bitcoin for any of these coins to become valuable, but there's too many dumpers who just want a quick buck and aren't thinking long term

Ah thanks for the tip, was a bit scared there but this is reassuring.

I don't think that the alt coins have any value either, I'm mining them, like everyone else is, to trade for BTC which has actual value. Though, this indeed makes us ask the question: what kind of person would buy these poopie alt-coins?
post #14708 of 22320
Quote:
Originally Posted by incog View Post

Ah thanks for the tip, was a bit scared there but this is reassuring.

I don't think that the alt coins have any value either, I'm mining them, like everyone else is, to trade for BTC which has actual value. Though, this indeed makes us ask the question: what kind of person would buy these poopie alt-coins?

Trading is always about making money from stupid people, stupid people falling for the fake hype during a pump and left with the rubbish at the end

90% of the coins are pyramid schemes and like penny shares where at the end if you didn't get out you're left with worthless coins, just look at some of the old dead coins on the exchanges with hundreds of sell orders at 1 satoshi that will likely never sell unless someone decides to invest and use it

It's the same principle of why do people fall for 419 scammers, some people are just stupid and greedy and I really have no sympathy for people who fall for something that sounds too good to be true because 99.99999999% of the time it really is

And if you play the trading you need to go with gut instincts and act fast. just missed out on a perfect oppurtunity to sell high & buy low

Should have sold all my BC on Mintpal at 1300 and then bought some up on cryptoaltex at 900 to sell again but I missed out and some guy just picked up around 80k BC for 900sats.

One thing though is it at least I know that my ideas are correct, I just need to work on reacting faster to make money in this game
Edited by Minusorange - 3/1/14 at 4:30am
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post #14709 of 22320
Quote:
Originally Posted by Minusorange View Post

And if you play the trading you need to go with gut instincts and act fast. just missed out on a perfect oppurtunity to sell high & buy low

Should have sold all my BC on Mintpal at 1300 and then bought some up on cryptoaltex at 900 to sell again but I missed out and some guy just picked up around 80k BC for 900sats.

One thing though is it at least I know that my ideas are correct, I just need to work on reacting faster to make money in this game

If you have capital in both exchanges it is a no brainer, what trips most people up is they try to be in one exchange at a time. It is almost impossible to arbitrage by selling, transferring, and buying... Way to much time goes by... Also you will start to see this opportunity grow shorter and shorter, I would guess that within a year you will not be able to arbitrage without software assistance.
post #14710 of 22320
Quote:
Originally Posted by blkdoutgsxr View Post

If you have capital in both exchanges it is a no brainer, what trips most people up is they try to be in one exchange at a time. It is almost impossible to arbitrage by selling, transferring, and buying... Way to much time goes by... Also you will start to see this opportunity grow shorter and shorter, I would guess that within a year you will not be able to arbitrage without software assistance.

I'm going to be buying another monitor sooner rather than later, too many exchanges I need to watch for all this trading
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