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[Official] BitCoin LiteCoin DigitalCoin and all Crypto Currencies Club And General Information Thread - Page 413

post #4121 of 22528
Bitcoins are down under $800!!! Abandon ship!!!!! Mayday Mayday!!!!! rolleyes.gif
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post #4122 of 22528
Quote:
Originally Posted by ZombieJon View Post

Frick...

Rig at home locked up completely. Can't even access via TeamViewer. Only the 7950 is active, at I 18.

Seemed stable for 30min before I left home today.


When I was setting up my cards, I started low on everything.  Then I worked my way up to peak performance.  My reasoning is that if the computer's lock up when I am not home then I lose COINS.

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post #4123 of 22528
They're actually rebounding slightly Deadboy. BTC was down to $701 earlier this evening. The news out of China meant this was to be expected, albeit a bunch of people are panicking. Mostly those fools who bought at the market high, expecting another major windfall from a secondary, even higher peak. They forgot Business 101: Buy low, sell high.


It's amazing how all of the cryptos are so closely tied into BTC values. BTC falls, they all take a drop. In terms of FIAT currency, that would be like the GBP dropping, and suddenly the USD & Yen fall a commensurate amount. Yet, that's not the case in FIAT currency, so why is it seem to be the rule with crypto's?
post #4124 of 22528
Guys, try CGWatcher out. It will help monitor and restart your GPUs if something happens. Well, system lockups are another thing though.
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post #4125 of 22528
Quote:
Originally Posted by ForceProjection View Post

They're actually rebounding slightly Deadboy. BTC was down to $701 earlier this evening. The news out of China meant this was to be expected, albeit a bunch of people are panicking. Mostly those fools who bought at the market high, expecting another major windfall from a secondary, even higher peak. They forgot Business 101: Buy low, sell high.


It's amazing how all of the cryptos are so closely tied into BTC values. BTC falls, they all take a drop. In terms of FIAT currency, that would be like the GBP dropping, and suddenly the USD & Yen fall a commensurate amount. Yet, that's not the case in FIAT currency, so why is it seem to be the rule with crypto's?

My guess is that it's because you need to exchange a lot of alt coins for bit coins before you can cash out. Litecoins->bitcoins->cash.
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post #4126 of 22528
Quote:
Originally Posted by ivanlabrie View Post

This is to the guys wanting to set up a big farm at home: you'll need risers, with molex plugs, good quality psus, dual 750w is the ideal setup IMHO and big box fans. AC is a must when you go over 6 gpus, as things get hot fast.

One thing you can do once you have at least 2mh/s is solo mining some low difficulty coins, like say FTC which has a huge block reward or less well known ones like TAG. That has made me lots of $ in the past with a 1000kh/s setup, so feel free to try.

I'll have to check this out in the follow days. Any input on some good coins to solo mine? I'm currently mining FTC with dual 290x and getting about 30 FTC a day. How long would it take to mine a single block? I've heard its pretty hard to actually get one.
post #4127 of 22528
Quote:
Originally Posted by Deadboy90 View Post

Bitcoins are down under $800!!! Abandon ship!!!!! Mayday Mayday!!!!! rolleyes.gif

If they get below 500$ ill buy 20 or so for myself to sell at 1000$ per coin wink.gif

It is only going down because China is dumping.. they well pump it again soon.

No risk no reward right?
Edited by Hokies83 - 12/6/13 at 8:33pm
    
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post #4128 of 22528
Wow that is surprising how much Bitcoin and other currencies change, they are up and down like 20% in a day!
    
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post #4129 of 22528
Quote:
Originally Posted by Willanhanyard View Post

Wow that is surprising how much Bitcoin and other currencies change, they are up and down like 20% in a day!

Yep Buy low sell high!
    
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post #4130 of 22528
Whats the best pool for a newbie to join for litecoin? I recently joined up to slushs pool for bitcoin mining but I hear litecoin mining is more profitable
    
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