Discussion in 'CryptoCurrency' started by ferma231, Jan 20, 2014.
This went well..
Im already registered with a site for purchasing and trading. I just wanted to know if dogecoin was available for direct purchase with USD instead of trading. Thanks for clearing that up!
The first few models of ASIC's I've seen are 100x's faster than the best currently available GPU. We're talking a jump from megahashes to gigahashes per second. The problem is, these ASICs will be available in China and USA and exclusive circles, which is going to be a major hoarding operation before ASICs reach the masses. THIS is what everyone is speculating on, the value of doge once the mining reaches widespread Gh/s speeds(over 1000x the average today). Whoever gets ASICs first will make a million $....
hah, I love the Taiwanese video in this article http://motherboard.vice.com/blog/its-time-to-take-dogecoin-seriously
Uhh ya, if it catches on in Taiwan.......
A friend once advised me to buy Litecoins. I am a little versed with how the stock and forex game goes and it all turns to be the same at some point. The only difference is when you are after the big boom. This is when you pick the cryptocoins as it enters the market or in its younger stages and hope that it will explode.
What happens with someone who invests $3 they get a $60 maybe and then they keep biting their fingers as to why they never pumped in $1000? Yeah it happens.
I wuill say one thing with this. Only one..... You need to have a gamblers blood to do this. Be ready for anything.
Otherwise you will be making fun out of yourself watching graphs and yielding wishes in the end.
Your wrong dogecoin is the world 5th biggest coin with a market cap of 58 million + usd its not a gamble mate if shops/hotels and places are accepting doge coins on daily bases. Just to give you a hint take a look at how many doges are traded every day and there worth.
May i just remind you that gambling is taking a risk in the hope of a favorable outcome...
So when i am talking about Cryptocoins entering into the market as a gamble, i mean, you cant be sure of what fate follows.
If you were sure that it will yield well, why not pump thousands???? But men ar just putting in $10. and call it an investment... Well it is but...
Pm ne your price.
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How do you buy and sell? never got into the online currency so i'm a 100% noob.
This a good watch for anyone interested in crypto currency. It's 4 hours long but worth a watch.
Interesting that he thinks doge won't go below 150 due to huge buy walls set up around that price.
A popular route seems to be, buy bitcoins on localbitcoins, trade bitcoins for doge on cryptsy. I'm sure there are different sites that can do similar. Cryptsy is riddled with problems at the moment though, a lot of having to log in again and again and transactions taking a while to be shown sometimes.
Man this would be the best business but i just found out paypal doesn't allow you to sell digital currencies
EDIT: wait never mind it seems paypal and ebay are gonna allow the sell of bitcoins!!
What If I tell you im having 1 Million plus doges and not just putting in 10 dollars but a lot more every day
lots of crypto going down,bitcoin down to 650 on coinmarketcap
just found the news, https://www.mtgox.com/press_release_20140207.html
huuuuummm may be good to buy some coins at discount price.....
Buyed doges for 40$ in few days selled for 250$.
By the way, Russia recently banned Bitcoin. The "Motherland" is the second country to ban the currency after China.
I have this conspiracy theory where bitcoin is the work of the US government.....
Russia and China are probably skeptical about it for a reason.... We don't know who came up with Bitcoins....it's the most what-the-fuck story I've read in recent ages. A currency made by nobody, guaranteed by nobody, is worth $900 a piece...WTF?
Attempts at efficient Scrypt hardware is much more likely to be based on FPGAs, not ASICs, as there's basically no way around the memory constraints. The current claims are not close to the neighborhood of gigahashes, and at least one of the claimants (scryptasic) was basically a failure of a preorder scam. Then there's this very convincing rendering of a 25mhs box http://alpha-t.net/product/viper-scrypt-miner-25mhs/ which may or may not ever ship.
FPGAs are pretty much the wrong answer for a number of reasons, the people who have found better answers are generally keeping very quiet about them and you're not likely to see turnkey hardware based on the better answers until it becomes more profitable to sell the hardware to people who are overoptimistic or bad at math than to mine with it, as is currently the case for sha256 hardware.
If you are thinking to invest in digital currencies,think again:
Bitcoin Plunges As Major Exchange Mt. Gox Halts All Withdrawals
Read more: http://www.businessinsider.com/mtgox-halts-withdrawals-2014-2#ixzz2sejAoSYE
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