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crypto Satoshi ## Admin ## 18/02/21(Wed)07:02 No. 1 ID: 413d86 [Reply] Locked Stickied
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Your new board for all talk cryptocurrency from mining to trading to hodling!




Satoshi 18/02/27(Tue)01:36 No. 6 ID: 0c2267 [Reply]
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alright someone explain what all this bitcoin and cryptocurrency stuff is because i'm totally lost


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Satoshi 18/06/12(Tue)17:43 No. 40 ID: 9c72ea

>>34
You tried. I think, if you're going to use a metaphor, you need to stay in it; not mix it up with what you're actually talking about. Like this:

Think of like passing notes in class--hard mode. There are a limited number of sheets of paper that can be used for writing notes, but each piece of paper can be torn into many smaller pieces to write notes on. Each note, however large or small, is wrapped in a complicated, origami envelope so the teacher can't make heads or tails of them. Notes can always be rewritten, rewrapped, and sent again.

In order to pass each note, the kids in between have to make sure of who the notes are from and who they are for without talking about it out loud. Unwrapping the notes takes a long time, so there are some small pieces of blank note paper in each wrapper for the kids who unwrap them and pass them on. Sometimes, when unwrapping a big pile of notes, a kid might find a whole new sheet of paper that hasn't been written on yet.

The kids passing the notes get into it to find new sheets of paper, but they will always get a few pieces of paper for passing notes even after all the sheets have been found. If every kid in class starts sending notes back and forth, the kid who unwraps the most of them stands to get a lot of spare note paper. The more notes they pass per school day, the more note paper they can get, the more they can write their own notes, and the more popular they will be in school.

tl:dr, if this sounds like a Ponzi scheme to you, perhaps you should consider that currency itself is a Ponzi scheme.


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Satoshi 18/06/13(Wed)05:45 No. 41 ID: 175905

How often are crypto currencies used for legitimate transactions versus how often they are used for illegitimate transactions?


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Satoshi 18/07/09(Mon)16:09 No. 42 ID: 4d899a

>>41
At this point it doesn't really matter. The cancer killing cryptocurrency is that it has become a new form of stocks and bonds, more often being traded than actually used as a currency. This is the cause of the sudden rise in value and it will be the cause of the total destruction of all currently in-use cryptocoins.




Satoshi 18/05/09(Wed)08:51 No. 35 ID: ea7833 [Reply]
35

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How you guys feel about ravencoin?


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Satoshi 18/06/06(Wed)08:02 No. 37 ID: a1c167

what do you think about ICO mark space??


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Satoshi 18/06/06(Wed)08:02 No. 38 ID: a1c167

what do you think about ICO


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Satoshi 18/06/12(Tue)16:48 No. 39 ID: 9c72ea

What do you think about thinking?




#mining Satoshi 18/02/21(Wed)22:30 No. 2 ID: 4c1b65 [Reply]
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There's a channel on the irc for cryptocurrency mining, we're specializing in GPU stuff for the time being- #mining


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Satoshi 18/03/22(Thu)01:51 No. 21 ID: b23ab8
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>>18
I now have my mining hardware on it and not just that sacrificial test card I had pictured.
mason jar for reservoir, I tried to use hotglue to protect the jar lid AND tubing from the cuts in the metal lid. I'll be buying some better tubing and pumps later now that I know it can shave ~15-20c off from the RX 480 and 580.


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Satoshi 18/03/23(Fri)18:50 No. 22 ID: 68be41

>>21
I tried desperately to make seals with hot glue on two prototypes for my current plastic-bottle resivoir. It does not work; coolant always finds a way to creep around it. It's good that you keep yours in a pot. I hope you'll find away to make good seals so you can clean up your room--if you're into that kind of thing.


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Satoshi 18/03/24(Sat)09:14 No. 25 ID: 195cb2

>>22
Two words: Aquarium Silicone

Bead, press together, let it cure (curing time varies by silicone, it'll tell you the cure time on the package), go around the outside, let it cure, enjoy. Its watertight yet still retains some flexibility.

Hot glue contracts when it turns into a liquid then expands when it goes back to solid. Good for gluing things together. Not so good for sealing things up. And because its rigid that makes it unforgiving of vibration and contraction/expansion.




instant exchanges john chapman 18/03/08(Thu)05:32 No. 17 ID: cfa289 [Reply]
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Yes, we all know that there is no shortage of crypto tools (wallets, exchanges, etc) but some are clearly shit and some are worth using.

Instant exchanges are the future and prevent entities from becoming the gods of the crypto world. After you factor in fees, services like shapeshift (or switchain) are not really more expensive and can be cheaper. They also don't require an account.

They are convenient for trading altcoins. If, for example, you want to buy Dash with your Monero, you will have to sell your Monero for something like Bitcoin, Ether or something similar first. Then you buy Dash with your bitcoin or ether, etcetera.

Instant exchanges will dominate. Switchain is a good option that compares rates of shapeshift to similar services and even has its own rates for some pairs http://www.switchain.com/?utm_source=exchange
. So you always get the best rate. Try it out. But most importantly, FEED CRYPTO!




ulrikekoschinski18@gmail.com Ghostwrither 18/02/22(Thu)20:40 No. 3 ID: e8067d [Reply]
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