• Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

The State of Cryptocurrency

damian246

New Member
Joined
Jan 10, 2017
Messages
28 (0.04/day)
Likes
3
What is interesting is an article on the upcomming reward cut the bitcoin mining will go thru:
https://hx8800.com/bitcoin/bitcoin-mining-perils.html something to do with Murphy's law.
1rst it'll be harder to produce more capabilities, second electricity is in demand to cool those machines.
3rd the reward which goes from 50% to 25% if I'm not mistaken.

Actually the blockchain has done something to society, just not to the western. Some banks use blockchain instead of the
SWIFT system which has security issues-
 
Joined
Dec 18, 2005
Messages
6,493 (1.39/day)
Likes
1,044
System Name money pit..
Processor Intel 8700K at 4800 mhz.. vcore 1.264 volts..
Motherboard Asus rog Strix Z370-F Gaming
Cooling Dark Rock TF air cooler.. Stock vga air coolers with case side fans to help cooling..
Memory 32 gb corsair vengeance 3200
Video Card(s) Palit Super Jetstream 1070 x 2..
Storage Three.. all solid state 128 Transend.. 1 T Sandisk.. 1 T Transend.. plus USB external..
Display(s) 27" Asus PG279Q ROG Swift 165Hrz Nvidia G-Sync, IPS.. 2560x1440..
Case Gigabyte mid-tower.. cheap and not really big enough for what is inside..
Audio Device(s) USB Sound blaster Roar 2 all in one unit with bluetooth
Power Supply EVGA 850 watt..
Mouse Logitech G700s
Keyboard Logitech K270
Software Win 10 pro..
Benchmark Scores 3Dmark Firestrike Ultra 8542.. Timespy 11508.. everyday settings..
It's clearly seen that all other coins are following Bitcoin. I haven't seen any altcoin rising while Bitcoin falls. That's why there's almost no chance that any other coin will overtake Bitcoin one day.
over the last couple of months bitcoin has been holding its price around the 6500 or 7000 mark quite well... the other coins like eth or litecoin have been going down and down.. so all other coins are not quite following bitcoin.. the relative values are changing with bitcoin holding value far more so than anything else..

trog
 

FordGT90Concept

"I go fast!1!11!1!"
Joined
Oct 13, 2008
Messages
22,806 (6.27/day)
Likes
11,853
Location
IA, USA
System Name BY-2015
Processor Intel Core i7-6700K (4 x 4.00 GHz) w/ HT and Turbo on
Motherboard MSI Z170A GAMING M7
Cooling Scythe Kotetsu
Memory 2 x Kingston HyperX DDR4-2133 8 GiB
Video Card(s) PowerColor PCS+ 390 8 GiB DVI + HDMI
Storage Crucial MX300 275 GB, Seagate 6 TB 7200 RPM
Display(s) Samsung SyncMaster T240 24" LCD (1920x1200 HDMI) + Samsung SyncMaster 906BW 19" LCD (1440x900 DVI)
Case Coolermaster HAF 932 w/ USB 3.0 5.25" bay
Audio Device(s) Realtek Onboard, Micca OriGen+
Power Supply Enermax Platimax 850w
Mouse SteelSeries Sensei RAW
Keyboard Tesoro Excalibur
Software Windows 10 Pro 64-bit
Benchmark Scores Faster than the tortoise; slower than the hare.
It makes sense if you think about it. People are trading alt coins for BTC which they then exchange to dollars. This flow is keeping BTC steady while the rest deflate. BTC will be the last to deflate because everything else is flowing through it.
 
Joined
Dec 18, 2005
Messages
6,493 (1.39/day)
Likes
1,044
System Name money pit..
Processor Intel 8700K at 4800 mhz.. vcore 1.264 volts..
Motherboard Asus rog Strix Z370-F Gaming
Cooling Dark Rock TF air cooler.. Stock vga air coolers with case side fans to help cooling..
Memory 32 gb corsair vengeance 3200
Video Card(s) Palit Super Jetstream 1070 x 2..
Storage Three.. all solid state 128 Transend.. 1 T Sandisk.. 1 T Transend.. plus USB external..
Display(s) 27" Asus PG279Q ROG Swift 165Hrz Nvidia G-Sync, IPS.. 2560x1440..
Case Gigabyte mid-tower.. cheap and not really big enough for what is inside..
Audio Device(s) USB Sound blaster Roar 2 all in one unit with bluetooth
Power Supply EVGA 850 watt..
Mouse Logitech G700s
Keyboard Logitech K270
Software Win 10 pro..
Benchmark Scores 3Dmark Firestrike Ultra 8542.. Timespy 11508.. everyday settings..
It makes sense if you think about it. People are trading alt coins for BTC which they then exchange to dollars. This flow is keeping BTC steady while the rest deflate. BTC will be the last to deflate because everything else is flowing through it.
there is a certain logic to that theory.. the other option is that most of the alt coins have to die with only a few of the major ones surviving this is just that process in operation..

at some point the price point of the major coins will stop falling.. a new price point will be established and things may start going up again for the surviving coins..

i have some idea of whats going on but little idea of what happens next.. he he..

i may read the wrong stuff but something big (and scary) is about to happen and i think its connected with whats going on in Syria..

trog
 

Crusti

New Member
Joined
Aug 30, 2018
Messages
28 (1.04/day)
Likes
2
Location
United Kingdom
over the last couple of months bitcoin has been holding its price around the 6500 or 7000 mark quite well... the other coins like eth or litecoin have been going down and down.. so all other coins are not quite following bitcoin.. the relative values are changing with bitcoin holding value far more so than anything else..

trog
Probably I've missed that, you're right. But anyway I think that on the whole when Bitcoin falls no other coin start rising - they're all falling together.

When bitcoin dies I won't weep. I do hope sonething better spawns from it though.
Why do you think it will die?
 
Joined
May 9, 2012
Messages
6,174 (2.65/day)
Likes
5,558
Location
Ovronnaz, Wallis, Switzerland
System Name Monster Panzer Max [MPM]/Nostalg33k/Shield/Odroid C2/Nokia 8
Processor i5-6600K 4.4/E8500/Tegra K1/Amlogic S905 4X1.5ghz A53/Snapdragon 835 4x2.5ghz+4x1.8ghz Kryo 280
Motherboard Gigabyte Z170X Gaming 7/XFX 650i Ultra/nvidia/Hardkernel Odroid C2/MSM8998
Cooling Corsair H115i /Alphacool Eisberg /magnesium/Aluminum heatsink/copper heatpipe + graphite plate
Memory 4x4gb HyperX Predator 2800 CL14/2gb DDR2 800/2gb/2gb LPDDR3/4gb LPPDDR4X
Video Card(s) MSI GTX 1070 ARMOR 8gb OC/Asus 8800 Ultra/GK20A/Mali 450MP5/Adreno 540 710mhz
Storage 120gb OCZ VertexIII,60gb Patriot Blaze,1tb/8gb SSHD,2xToshiba 1tb/none/16gb+64gb/32gb/64gb+128gb
Display(s) Medion X58222 32"5ms OC 75hz 2880x1620/Philips 273E3LHSB 27"1ms 1920x1080/8"1920x1200/5.3"2560x1440
Case Cougar Panzer Max/none/well... /None/mono-bloc aluminum 6000
Audio Device(s) Creative Recon3Di+Logitec Z333/SB Audigy 2 Platinum/Odroid HiFi Shield+/Nokia OZO spatial 360°
Power Supply Seasonic M12II Evo 750 /Enermax Coolergiant 480/5v 2A/RavPower 9-12V 2A
Mouse Roccat Nyth (yeah back to it: 12 thumb button FTW!)/Minix Neo A2 Lite/touch
Keyboard Medion Erazer X81699/Minix Neo A2 Lite/touch
Software Win10 64/none/Android 5.1.1 Zombiepop/Lakka 2.1 or Volumio 2.344/Android 8.1.0
Benchmark Scores bench...mark? i do leave mark on bench sometime, to remember which one is the most comfortable. :o
something to do with Murphy's law.
usually i would not post in a cryptocurrency thread .... but ... Murphy? ...

well ... it should be related to it... most law apply to BTC and altcoins ... ex:
If there is a wrong way to do something, then someone will do it.
Anything that can go wrong will go wrong.

but in that article case it's Moore's law rather ... ;)
 
Last edited:

damian246

New Member
Joined
Jan 10, 2017
Messages
28 (0.04/day)
Likes
3
usually i would not post in a cryptocurrency thread .... but ... Murphy? ...

well ... it should be related to it... most law apply to BTC and altcoins ... ex:
If there is a wrong way to do something, then someone will do it.
Anything that can go wrong will go wrong.

but in that article case it's Moor's law rather ... ;)
You mean Moore's Law most likely. The Processor power is coming to another limit and as mentioned before Nvidea profited nicely of the bitmania.
Now it is becoming more expensive to mine. Few countries have a cheap electricity to make it feasible.
 
Joined
May 9, 2012
Messages
6,174 (2.65/day)
Likes
5,558
Location
Ovronnaz, Wallis, Switzerland
System Name Monster Panzer Max [MPM]/Nostalg33k/Shield/Odroid C2/Nokia 8
Processor i5-6600K 4.4/E8500/Tegra K1/Amlogic S905 4X1.5ghz A53/Snapdragon 835 4x2.5ghz+4x1.8ghz Kryo 280
Motherboard Gigabyte Z170X Gaming 7/XFX 650i Ultra/nvidia/Hardkernel Odroid C2/MSM8998
Cooling Corsair H115i /Alphacool Eisberg /magnesium/Aluminum heatsink/copper heatpipe + graphite plate
Memory 4x4gb HyperX Predator 2800 CL14/2gb DDR2 800/2gb/2gb LPDDR3/4gb LPPDDR4X
Video Card(s) MSI GTX 1070 ARMOR 8gb OC/Asus 8800 Ultra/GK20A/Mali 450MP5/Adreno 540 710mhz
Storage 120gb OCZ VertexIII,60gb Patriot Blaze,1tb/8gb SSHD,2xToshiba 1tb/none/16gb+64gb/32gb/64gb+128gb
Display(s) Medion X58222 32"5ms OC 75hz 2880x1620/Philips 273E3LHSB 27"1ms 1920x1080/8"1920x1200/5.3"2560x1440
Case Cougar Panzer Max/none/well... /None/mono-bloc aluminum 6000
Audio Device(s) Creative Recon3Di+Logitec Z333/SB Audigy 2 Platinum/Odroid HiFi Shield+/Nokia OZO spatial 360°
Power Supply Seasonic M12II Evo 750 /Enermax Coolergiant 480/5v 2A/RavPower 9-12V 2A
Mouse Roccat Nyth (yeah back to it: 12 thumb button FTW!)/Minix Neo A2 Lite/touch
Keyboard Medion Erazer X81699/Minix Neo A2 Lite/touch
Software Win10 64/none/Android 5.1.1 Zombiepop/Lakka 2.1 or Volumio 2.344/Android 8.1.0
Benchmark Scores bench...mark? i do leave mark on bench sometime, to remember which one is the most comfortable. :o
You mean Moore's Law most likely. The Processor power is coming to another limit and as mentioned before Nvidea profited nicely of the bitmania.
Now it is becoming more expensive to mine. Few countries have a cheap electricity to make it feasible.
i was refering to the quoted post that put Murphy's and pointing it was specified Moore's in the linked article, oh wait ... it was your post i quoted...

"You mean Moore's Law most likely " apply to you then :p

anyhow ... i perfectly knew that
 
Joined
Aug 20, 2007
Messages
9,628 (2.37/day)
Likes
8,618
System Name Pioneer
Processor Intel i7 8700k @ 5.0 GHz All-Core + Uncore & AVX Offset @ 0
Motherboard ASRock Z370 Taichi
Cooling Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory G.SKILL TridentZ Series 32GB (4 x 8GB) DDR4-3200 @ 14-14-14-34-2T
Video Card(s) EVGA GTX 1080 FTW2
Storage HGST UltraStar 7K6000 3.5" HDD 2TB 7200 RPM (w/128MBs of Cache)
Display(s) BenQ BL3200PT (a 1440p VA Panel with decent latency)
Case Thermaltake Core X31
Audio Device(s) Onboard Toslink to Schiit Modi Multibit to Asgard 2 Amp to AKG K7XX Ruby Red Massdrop Headphones
Power Supply Seasonic PRIME 750W 80Plus Titanium
Mouse ROCCAT Kone EMP
Keyboard WASD CODE 104-Key w/ Cherry MX Green Keyswitches, Doubleshot Vortex PBT White Keycaps, Blue legends
Software Windows 10 Enterprise (From former workplace, yay no telemetry)
Benchmark Scores FSExt/TS: FSExt 10734:https://www.3dmark.com/fs/16266163 TS 8154:https://www.3dmark.com/spy/4331316
Why do you think it will die?
I mean, it already has in terms of betraying it's own core values. I'm pretty sure someone will always peg some value on it and trade it, but it's an old, dated, inefficient dying whale IMO.
 

damian246

New Member
Joined
Jan 10, 2017
Messages
28 (0.04/day)
Likes
3
As long as the people who believe in bitcoin stay with it it won't die. There are millions of people who like it.
Me included, just there are a few spots I don't like. E.g. the not controlled wallets are a weakness never addressed.
 

Crusti

New Member
Joined
Aug 30, 2018
Messages
28 (1.04/day)
Likes
2
Location
United Kingdom
I mean, it already has in terms of betraying it's own core values. I'm pretty sure someone will always peg some value on it and trade it, but it's an old, dated, inefficient dying whale IMO.
It's not old at all, it's on the beginning only. Let's wait for the next year and you'll see that you weren't right on that point.

As long as the people who believe in bitcoin stay with it it won't die. There are millions of people who like it.
Me included, just there are a few spots I don't like. E.g. the not controlled wallets are a weakness never addressed.
I'm sure that soon good blockchain systems will appear and we'll forget about fear of losing something and no one will know anything about our doings on web.
 

damian246

New Member
Joined
Jan 10, 2017
Messages
28 (0.04/day)
Likes
3
It's not old at all, it's on the beginning only. Let's wait for the next year and you'll see that you weren't right on that point.
I'm sure that soon good blockchain systems will appear and we'll forget about fear of losing something and no one will know anything about our doings on web.
hahaha the problems lies in the human part of the enterprise and not on the blockchain.
 

hat

Enthusiast
Joined
Nov 20, 2006
Messages
19,492 (4.50/day)
Likes
3,778
Location
Ohio
System Name Starlifter :: Dragonfly
Processor i5 2400 :: Athlon II x4 630
Motherboard MSI H67-G43-B3 :: GIgabyte GA-770T-USB3
Cooling Corsair H70 :: Thermaltake Big Typhoon
Memory 4x2GB DDR3 1333 :: 2x1GB DDR3 1333
Video Card(s) 2x PNY GTX1070 :: GT720
Storage Plextor M5s 128GB, WDC Black 500GB :: Mushkin Enhanced 60GB SSD, WD RE3 1TB
Display(s) Acer P216HL HDMI :: None
Case Antec SOHO 1030B :: Old White Full Tower
Audio Device(s) X-Fi Titanium Fatal1ty Pro - iLive IT153B Soundbar (optical) :: None
Power Supply Corsair CX600w :: Unknown
Software Windows 10 Pro - Plex Server on Dragonfly
Benchmark Scores >9000
I've had the idea in my head for a long time now that I could/would use the bitcoins I've earned mining for Nicehash for "frivolous purchases" such as... better PC hardware. I looked into it a little bit and evidently Newegg takes bitcoin, but I think you have to use bitpay? I've been using Coinbase for a long time now, and I just found out they have their own debit card that links to your account. Bitpay has one too, but Coinbase's seems more convenient. Evidently theirs derives the BTC value of whatever you bought and deducts that amount from your wallet, while with Bitpay's card, you have to manually shuffle around (sell) BTC and load that into your Bitpay card.

So, in theory, I could use BTC in my every day life just as easily as I do my debit card. I could even do ATM withdrawls.
 
Joined
Oct 17, 2014
Messages
1,488 (1.03/day)
Likes
664
Location
USA
System Name Future Build 2019 or 2020
Processor Ryzen 7nm
Motherboard AM4 X570 or x670
Cooling Noctua NH-D15 ALL BLACK VERSION
Memory 32(2x16GB) DDR5
Video Card(s) Vega 2 7nm
Storage Micron 1100 2TB SSD
Display(s) 27" 2560 x 1440 Micro LED 165hz HDR600 certified
Case Thermaltake View 22 + 3x Corsair Dark Purple fans
Power Supply Corsair TX750 v2
ten bucks says Monero Coin triples in price by end of year, and BTC gains 1-2k max. I think people like @FordGT90Concept underestimate how corrupt the world is. politicians won't pass any legislation against crypto for a reason, meaningful legislation anyway. criminals, banks doing shady stuff, politicians wanting to filter some backchannel donations, all possible with Monero coin - sit on it for awhile and then BTC in the caymens under an affiliate organization - profit

the world is corrupt and Monero has given them a voice of Anonymity

I myself am going to invest in some Monero, I really do think it will skyrocket someday. I predicted it would go from 50 to over 100 a few years ago. I am getting the same feels deep inside. :D
 
Joined
Feb 18, 2012
Messages
1,381 (0.57/day)
Likes
1,100
System Name AORUS X7 DT v8
Processor i7-8850H
Cooling 2 laptop fans
Memory 16gb of 2666mhz DDR4
Video Card(s) Nvidia 1080
Storage 2tb 2.5 inch HD, 1tb SSD m.2
Display(s) 17.3" IPS FHD 1920x1080 144Hz
Power Supply 265w power supply
Mouse Logitech m705
Keyboard laptop keyboard
Software lots of movies and Windows 10 Pro with win 7 shell
Benchmark Scores High enough for me
ten bucks says Monero Coin triples in price by end of year, and BTC gains 1-2k max. I think people like @FordGT90Concept underestimate how corrupt the world is. politicians won't pass any legislation against crypto for a reason, meaningful legislation anyway. criminals, banks doing shady stuff, politicians wanting to filter some backchannel donations, all possible with Monero coin - sit on it for awhile and then BTC in the caymens under an affiliate organization - profit

the world is corrupt and Monero has given them a voice of Anonymity

I myself am going to invest in some Monero, I really do think it will skyrocket someday. I predicted it would go from 50 to over 100 a few years ago. I am getting the same feels deep inside. :D
If you like the coin so much then you should put down all of your money on it. Cash out all of your retirement account, if you have any, and go for it.
 
Joined
Aug 20, 2007
Messages
9,628 (2.37/day)
Likes
8,618
System Name Pioneer
Processor Intel i7 8700k @ 5.0 GHz All-Core + Uncore & AVX Offset @ 0
Motherboard ASRock Z370 Taichi
Cooling Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory G.SKILL TridentZ Series 32GB (4 x 8GB) DDR4-3200 @ 14-14-14-34-2T
Video Card(s) EVGA GTX 1080 FTW2
Storage HGST UltraStar 7K6000 3.5" HDD 2TB 7200 RPM (w/128MBs of Cache)
Display(s) BenQ BL3200PT (a 1440p VA Panel with decent latency)
Case Thermaltake Core X31
Audio Device(s) Onboard Toslink to Schiit Modi Multibit to Asgard 2 Amp to AKG K7XX Ruby Red Massdrop Headphones
Power Supply Seasonic PRIME 750W 80Plus Titanium
Mouse ROCCAT Kone EMP
Keyboard WASD CODE 104-Key w/ Cherry MX Green Keyswitches, Doubleshot Vortex PBT White Keycaps, Blue legends
Software Windows 10 Enterprise (From former workplace, yay no telemetry)
Benchmark Scores FSExt/TS: FSExt 10734:https://www.3dmark.com/fs/16266163 TS 8154:https://www.3dmark.com/spy/4331316
If you like the coin so much then you should put down all of your money on it. Cash out all of your retirement account, if you have any, and go for it.
"Put all your eggs in one basket" said no investor, ever.
 
Joined
Feb 18, 2012
Messages
1,381 (0.57/day)
Likes
1,100
System Name AORUS X7 DT v8
Processor i7-8850H
Cooling 2 laptop fans
Memory 16gb of 2666mhz DDR4
Video Card(s) Nvidia 1080
Storage 2tb 2.5 inch HD, 1tb SSD m.2
Display(s) 17.3" IPS FHD 1920x1080 144Hz
Power Supply 265w power supply
Mouse Logitech m705
Keyboard laptop keyboard
Software lots of movies and Windows 10 Pro with win 7 shell
Benchmark Scores High enough for me

FordGT90Concept

"I go fast!1!11!1!"
Joined
Oct 13, 2008
Messages
22,806 (6.27/day)
Likes
11,853
Location
IA, USA
System Name BY-2015
Processor Intel Core i7-6700K (4 x 4.00 GHz) w/ HT and Turbo on
Motherboard MSI Z170A GAMING M7
Cooling Scythe Kotetsu
Memory 2 x Kingston HyperX DDR4-2133 8 GiB
Video Card(s) PowerColor PCS+ 390 8 GiB DVI + HDMI
Storage Crucial MX300 275 GB, Seagate 6 TB 7200 RPM
Display(s) Samsung SyncMaster T240 24" LCD (1920x1200 HDMI) + Samsung SyncMaster 906BW 19" LCD (1440x900 DVI)
Case Coolermaster HAF 932 w/ USB 3.0 5.25" bay
Audio Device(s) Realtek Onboard, Micca OriGen+
Power Supply Enermax Platimax 850w
Mouse SteelSeries Sensei RAW
Keyboard Tesoro Excalibur
Software Windows 10 Pro 64-bit
Benchmark Scores Faster than the tortoise; slower than the hare.
ten bucks says Monero Coin triples in price by end of year, and BTC gains 1-2k max. I think people like @FordGT90Concept underestimate how corrupt the world is. politicians won't pass any legislation against crypto for a reason, meaningful legislation anyway. criminals, banks doing shady stuff, politicians wanting to filter some backchannel donations, all possible with Monero coin - sit on it for awhile and then BTC in the caymens under an affiliate organization - profit

the world is corrupt and Monero has given them a voice of Anonymity

I myself am going to invest in some Monero, I really do think it will skyrocket someday. I predicted it would go from 50 to over 100 a few years ago. I am getting the same feels deep inside. :D
Cash? Online orders of illegal products are still at risk of search and seizure while in transit (and have at least the destination on the package; most carriers also require the sending address which must line up with a valid billing address). That's why most deals happen in person where cash is exchanged for product.

Congress is too busy with other matters to take up small fish like cryptocurrencies. All action was undertaken by regulatory agencies under previous directives.
 
Joined
Oct 17, 2014
Messages
1,488 (1.03/day)
Likes
664
Location
USA
System Name Future Build 2019 or 2020
Processor Ryzen 7nm
Motherboard AM4 X570 or x670
Cooling Noctua NH-D15 ALL BLACK VERSION
Memory 32(2x16GB) DDR5
Video Card(s) Vega 2 7nm
Storage Micron 1100 2TB SSD
Display(s) 27" 2560 x 1440 Micro LED 165hz HDR600 certified
Case Thermaltake View 22 + 3x Corsair Dark Purple fans
Power Supply Corsair TX750 v2
Cash? Online orders of illegal products are still at risk of search and seizure while in transit (and have at least the destination on the package; most carriers also require the sending address which must line up with a valid billing address). That's why most deals happen in person where cash is exchanged for product.

Congress is too busy with other matters to take up small fish like cryptocurrencies. All action was undertaken by regulatory agencies under previous directives.
Possibly, but if Pablo Escobar at Monero coin instead of cash, he wouldn't have had to store in crates and bury it all the time because had so much he couldn't spend it fast enough. If he had Monero coin he could have created networks globally / instantly. He was only limited by cash and slowness of it. Politicians might look at the same way when they need to move large amounts of money, etc. Who knows. You are probably right though, Crypto is probably dead in the water, but we will see. Even if it stays where it is right now for a few years only changes back and forth 5-20% that entire time, I think its safe to say it has a large enough community / believers that it just won't ever go away, especially when you can use it to buy stuff from Overstock, Newegg, etc. Until government bans it (which they never will) it will exist whether we like it or not. I'm not sure I would ever play the betting game, but if Bitcoin is going to exist then so will Monero and Zcash... and ANON is key for a lot of people... so my logic says ANON coins will go up. Monero is up already, 101 to 117 in just a few days... so my prediction is already coming true... should have invested then cashed out at 150 or 160, dangit.
 

FordGT90Concept

"I go fast!1!11!1!"
Joined
Oct 13, 2008
Messages
22,806 (6.27/day)
Likes
11,853
Location
IA, USA
System Name BY-2015
Processor Intel Core i7-6700K (4 x 4.00 GHz) w/ HT and Turbo on
Motherboard MSI Z170A GAMING M7
Cooling Scythe Kotetsu
Memory 2 x Kingston HyperX DDR4-2133 8 GiB
Video Card(s) PowerColor PCS+ 390 8 GiB DVI + HDMI
Storage Crucial MX300 275 GB, Seagate 6 TB 7200 RPM
Display(s) Samsung SyncMaster T240 24" LCD (1920x1200 HDMI) + Samsung SyncMaster 906BW 19" LCD (1440x900 DVI)
Case Coolermaster HAF 932 w/ USB 3.0 5.25" bay
Audio Device(s) Realtek Onboard, Micca OriGen+
Power Supply Enermax Platimax 850w
Mouse SteelSeries Sensei RAW
Keyboard Tesoro Excalibur
Software Windows 10 Pro 64-bit
Benchmark Scores Faster than the tortoise; slower than the hare.
...especially when you can use it to buy stuff from Overstock, Newegg, etc.
Literally no advantage over debit/credit card.

Monero is up already, 101 to 117 in just a few days...
That's terrible inflation. Inflation is bad in currencies, mmkay?
 
Joined
Feb 18, 2012
Messages
1,381 (0.57/day)
Likes
1,100
System Name AORUS X7 DT v8
Processor i7-8850H
Cooling 2 laptop fans
Memory 16gb of 2666mhz DDR4
Video Card(s) Nvidia 1080
Storage 2tb 2.5 inch HD, 1tb SSD m.2
Display(s) 17.3" IPS FHD 1920x1080 144Hz
Power Supply 265w power supply
Mouse Logitech m705
Keyboard laptop keyboard
Software lots of movies and Windows 10 Pro with win 7 shell
Benchmark Scores High enough for me
Possibly, but if Pablo Escobar at Monero coin instead of cash, he wouldn't have had to store in crates and bury it all the time because had so much he couldn't spend it fast enough. If he had Monero coin he could have created networks globally / instantly. He was only limited by cash and slowness of it. Politicians might look at the same way when they need to move large amounts of money, etc. Who knows. You are probably right though, Crypto is probably dead in the water, but we will see. Even if it stays where it is right now for a few years only changes back and forth 5-20% that entire time, I think its safe to say it has a large enough community / believers that it just won't ever go away, especially when you can use it to buy stuff from Overstock, Newegg, etc. Until government bans it (which they never will) it will exist whether we like it or not. I'm not sure I would ever play the betting game, but if Bitcoin is going to exist then so will Monero and Zcash... and ANON is key for a lot of people... so my logic says ANON coins will go up. Monero is up already, 101 to 117 in just a few days... so my prediction is already coming true... should have invested then cashed out at 150 or 160, dangit.
Are you really saying that if Pablo had Monero he can store it better than real cash. What Pablo did was highly illegal, the only way for him to hide the money was to burrow it. He was doing all of that to hide it from the authorities in the legal system from many countries. He could only show or bank so much money to draw action away from him.
Politicians or countries move large amounts of cash by either checks or direct deposits.
 
Joined
Oct 17, 2014
Messages
1,488 (1.03/day)
Likes
664
Location
USA
System Name Future Build 2019 or 2020
Processor Ryzen 7nm
Motherboard AM4 X570 or x670
Cooling Noctua NH-D15 ALL BLACK VERSION
Memory 32(2x16GB) DDR5
Video Card(s) Vega 2 7nm
Storage Micron 1100 2TB SSD
Display(s) 27" 2560 x 1440 Micro LED 165hz HDR600 certified
Case Thermaltake View 22 + 3x Corsair Dark Purple fans
Power Supply Corsair TX750 v2
Are you really saying that if Pablo had Monero he can store it better than real cash. What Pablo did was highly illegal, the only way for him to hide the money was to burrow it. He was doing all of that to hide it from the authorities in the legal system from many countries. He could only show or bank so much money to draw action away from him.
Politicians or countries move large amounts of cash by either checks or direct deposits.
eh I still believe Monero > Monero > zcash > monero > bitcoin exchange in a distant friends name or some random person i picked and gave 10k cash to, has a better chance of staying ANON for large transactions in the Caymens, or other places the Law doesn't reach so fast. if you wanted to get out fast and with a lot of money and not have your accounts frozen... monero... then find someone who is depserate for 10k cash, give it to them upfront, then have them get the rest of the money for you in their name, they cash it all out, boom your walking around the caymens with 200k in cash. - you can vanish without having your accounts frozen. the government and IRS does move fast on lot of corrupt politicians it seems, i remember reading about a few who had their accounts frozen... if they had monero they coulda booked rpivate plane and started over somewhere else.

monero is dangerous, personally i think it all needs to be shut down, all the exchanges.
 
Joined
Sep 28, 2005
Messages
320 (0.07/day)
Likes
161
Location
Calgary Alberta, Canada
System Name PussySlayer
Processor Intel Core i7 4770
Motherboard Asrock Z87E-ITX
Cooling Stock
Memory 2x8GB Gskill RipjawsX 1600
Video Card(s) ASUS GTX 1070 Turbo
Storage 1x500gb Crucial SSD
Display(s) BenQ 24" 1080P
Case Couger QBX
Audio Device(s) Onboard
Power Supply 650W EVGA BR
Software Windows 10 64bit Pro
Current cryptocurrency market was becoming very bloated with too many altcoins, and bitcoin was getting way over inflated. I still think it is over inflated. But cryptocurrencies still hold 1 key advantage of them over fiat - anonymous trading. Due to sanctioning other nations, crypto now can be a good alternative to trade with other nations since it can be reconverted back into fiat currency or used to purchase other goods from other nations which are not sanctioned, by sanctioned countries.
 
Joined
Oct 17, 2014
Messages
1,488 (1.03/day)
Likes
664
Location
USA
System Name Future Build 2019 or 2020
Processor Ryzen 7nm
Motherboard AM4 X570 or x670
Cooling Noctua NH-D15 ALL BLACK VERSION
Memory 32(2x16GB) DDR5
Video Card(s) Vega 2 7nm
Storage Micron 1100 2TB SSD
Display(s) 27" 2560 x 1440 Micro LED 165hz HDR600 certified
Case Thermaltake View 22 + 3x Corsair Dark Purple fans
Power Supply Corsair TX750 v2
Current cryptocurrency market was becoming very bloated with too many altcoins, and bitcoin was getting way over inflated. I still think it is over inflated. But cryptocurrencies still hold 1 key advantage of them over fiat - anonymous trading. Due to sanctioning other nations, crypto now can be a good alternative to trade with other nations since it can be reconverted back into fiat currency or used to purchase other goods from other nations which are not sanctioned, by sanctioned countries.

that is part of the point I was trying to make, debit/credit/cash can be traced somewhat, even if not for very long, also their reach is much smaller than say monero transferred to someone across the world instantly without me having to register anything in a name, etc. thats why its inherently dangerous. but who knows, time will tell.
 
Top