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[Official] BitCoin LiteCoin DigitalCoin and all Crypto Currencies Club And General Information Thread - Page 1682

post #16811 of 22324
Quote:
Originally Posted by lacrossewacker View Post

still a good time to buy into VTC?

I suppose so. The price has pretty much stabilized for the past month.

Though you'd probably be better off investing in Darkcoin or Blackcoin for now.
post #16812 of 22324
Quote:
Originally Posted by frickfrock999 View Post

I suppose so. The price has pretty much stabilized for the past month.

Though you'd probably be better off investing in Darkcoin or Blackcoin for now.


just sold some of my BC. Too unsure of it right now. AFAIK I can't create any stop orders on Mintpal and I'm about to go out for the day so I'd rather just enjoy my day without having to check my phone's browser every 10 minutes.
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post #16813 of 22324
Thread Starter 
Good idea, BC keeps going up but I'd be wary of leaving coins that get pumped so hard in my wallet unsupervised.
post #16814 of 22324
Quote:
Originally Posted by kskwerl View Post

I'm not really in the position to tell you what to do, I don't want to tell you to do something and then something else happens. Maybe Ivan or someone else can chime in

Quote:
Originally Posted by Deuce65 View Post

Not going to tell you what to do, because if it costs you money then it's all my fault! With that said, people seem to like to mine what they think will go up in value. To me that seems silly. I would mine whatever is the msot profitable to mine right this instant, dump it all, and then buy what I wanted.
Example, coin A is trading at .01 btc. Coin B is trading at .05 btc. You can mine exactly the same of each coin in a given time frame. There is no reason at all to mine coin A, ever. If you really think coin B is garbage, and coin A is poised to take off, you are still better off mining coin B, dumping it, and purchasing coin A with the proceeds. And yet all over the place you see people make the opposite choice, "oh well I think coin A is going to take off so I'm mining that".
thank you both i think i iwll mine and dump them into btc and wait for btc to go up.
Quote:
Originally Posted by ivanlabrie View Post

What program are you using to mine?
If you have a few cards in the same rig you can solo mine with primegpu like I do, but it takes patience...ypool's claymore miner isn't as efficient with 280x cards, but decent with 290/290x...problem is that huge 10% dev fee on top of the pool fee.
Try protoshares if you want a profitable low power coin, keep an eye on difficulty though.
Yup, thing is people are lazy and prefer the easy set and forget route most of the time...
I tend to avoid that, unless the hardware limits what I can mine efficiently. For instance the AMD rigs I manage are mining vertcoin right now, but at home I'm mining protoshares on two 280x cards, and the nvidia rig is mining yacoin.
VTC I'll hold, yac will probably be turned into btc rather fast, pts too if I need the $ or find a reasonable price for it.
i have 3x290 and using claymore miner since last friday i earn 23 xpm per day with3 cards .As i checked pts difficulty will go up again in 2 days not sure if it worth mining.I also have 2xgtx 680 which can give both 2.8k coll/m. Do you think they worth mining pts or can i mine yacoin wih them?
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post #16815 of 22324
Thread Starter 
I'd mine pts with everything till the diff retarget...but that xpm miner seems to be ok.

I'd hold some of the xpm at least, the diff will make reward be lower eventually and price might go up. Say at least 25% of the mined coins.
That's what I do with xpm personally.
post #16816 of 22324
Ugh i invested in vert but nothing much has changed too much
what do i do, sell for btc and get bc or keep?
 
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post #16817 of 22324
Thread Starter 
Hold them...I'd say till june or july.
Watch for price fluctuations if you want out, you need to wait for a pump.
post #16818 of 22324
Zeitcoin is making some moves. Getting some more exposure, active community and it just got itself a multipool courtesy of wafflepool the other day. Making some good price movement the last couple days.
    
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post #16819 of 22324
Quote:
Originally Posted by ivanlabrie View Post

Good idea, BC keeps going up but I'd be wary of leaving coins that get pumped so hard in my wallet unsupervised.

It is supervised. The multipool has 7 Gh/s of scrypt and 50 Th/s of sha behind it. That's probably 30 BTC of buying power a day for the coin using scrypt power alone at premium prices.

Just so everyone knows, FAC is doing the same model and having similar results.
Quote:
Originally Posted by barkinos98 View Post

Ugh i invested in vert but nothing much has changed too much
what do i do, sell for btc and get bc or keep?

Dump most of your vert for a little while. Get into BC or possibly FAC/EMC2.... EMC2 has a large announcement this week and FAC is following the BC multipool manipulation model.

If your REALLY quick, you can get some CAI before the announcment/pump.

LGC just launched as a no premine, early KGW coin (so fair) with X11. Aiden has promise, but the powers that be have been trying hard to kill it, so it is risky, but cool running (scrypt OG). Next move for them would be to pump and dump it into the ground. Lots of options right now if you are willing to take some risk. There is little risk with VTC, so little reward unfortunately.

EDIT: Note that I am advising on the high risk/rewards side of things. If you don't want much risk, hold your Vert.
Edited by Deaf Jam - 4/13/14 at 12:20pm
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post #16820 of 22324
Quote:
Originally Posted by barkinos98 View Post

Ugh i invested in vert but nothing much has changed too much
what do i do, sell for btc and get bc or keep?

Im still in half Vert and half BC. Im not going to put all my eggs in one coin.
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