The Cryptos

[Hagi's pubic hair]

2 minutes ago, Redforever86 said:

No, your computer does it. As Hagi said you need a mental PC. 

In the case of Yorkie I presume it's an organisation taking over the power of his PC and pooling it into a large group, and he's get a small fraction of any coins they mine. 

Thats how it works, you configure your CPU/GPU as there are still coins that can be mined using the CPU, to share a % of resources to mining and this gets added to a larger pool, and then basically leave it running till it catches fire, or you go broke.

[Hagi's pubic hair]

2 minutes ago, YorkDon said:

Pretty much the way I read it, tho they claim they eventually want it to become a tradeable currency-like they all do I suppose.

It’s just a smartphone app that takes seconds to use on a daily basis.

I think it is heading in a positive direction, not quick enough though, there are loads of mainstream business that will accept digital currency now, and with that prick Musk buying into it big time a couple of months ago it has giving the industry a shot in the arm in terms of credibility.

[Redforever86]

4 minutes ago, rocket_scientist said:

Your computer does nothing. An App tracks the value of your chosen coins. You, me and 99.9% of us don't "mine". We just invest, watch and decide when to cash out, partially if desired.

The weegie and weegie-type BoD are just trying to make themselves look ITK, a very common condition on these forums. 

We are talking about mining not investing you fucking dough ball. 

[YorkDon]

3 minutes ago, Hagi's pubic hair said:

I think it is heading in a positive direction, not quick enough though, there are loads of mainstream business that will accept digital currency now, and with that prick Musk buying into it big time a couple of months ago it has giving the industry a shot in the arm in terms of credibility.

Time will tell how much of a place crypto will have in the future, but as you say Elon has upped the ante somewhat.

[Redforever86]

 

Me and the mutants aff down the shaft to mine some Cardano. Parkie far right. 

[Hagi's pubic hair]

3 minutes ago, rocket_scientist said:

But you confused a poster with your ITK pretend expertise shite. 99.9% of folk don't mine and never will. You and the only other pretend expert on here (before today, when a real expert or two who do appear to be ITK may have turned up) didn't once help anyone thinking of making a quick buck. All the two of you did was to post how ITK you are. 

You will find the 99.9% number to be a tad high, but I get the point, the IT and other tech industries is full of people mining nad has been for the last decade, it is these people that have managed to get this far into mainstream so epople like you who are not ITK can hear about it and engage.

[Hagi's pubic hair]

15 minutes ago, rocket_scientist said:

Yes it was an exaggeration to make the point. I know zero % of people who mine and having been tipped off by a mate last month, I've jumped on and know of half a dozen others so far who are new investors.

The volatility is staggeringly brilliant. It's obviously traders rather than investors influencing the prices. Do you trade in crypto yourself? I thought I would take some out after I'd doubled or tripled up (IF it did and on current form, it's not going to take long) but I really don't see the point of not letting it roll.

Is it a good idea to have a wide number of coins invested in? I've already doubled my stake and was thinking of buying some different coins. 

I played around years ago, then got distracted, but I am looking to get back, my preference is mining, but my interest is probably more to do with the tech than actually making money from it, given how much I would need to invest in rigs to make it worthwhile.
The monero coin is getting good vibes and can easily be mined on a half decent PC for fun.

[Redforever86]

32 minutes ago, rocket_scientist said:

But you confused a poster with your ITK pretend expertise shite. 99.9% of folk don't mine and never will. You and the only other pretend expert on here (before today, when a real expert or two who do appear to be ITK may have turned up) didn't once help anyone thinking of making a quick buck. All the two of you did was to post how ITK you are. 

The only person I confused was yourself.
 

I’ve already stated I’m not an expert numerous times. 
 

Help others? Aye, I never told them to invest their hard earned cash in a volatile asset class that you just stated I am not an expert in. Apologises. 
 

Here’s a tip for you to make a quick buck. Sell your organs to someone who fucking deserves them you fucking waste of skin. 

[Poodler]

4 minutes ago, Roberto said:

Creepy little bastard. 

Ach Mobby is alright 

[Don Fonte]

1 hour ago, Dad said:

You mined much son?

The only thing you've mined is marmite you creepy old cunt.

[Don Fonte]

6 minutes ago, Studebaker-90 said:

The arse of infants* 

True story.

[Poodler]

21 minutes ago, Studebaker-90 said:

The arse of infants* 

Good album name 

[The beard of mcinnes]

Bitcoin uses the same amount of energy in a year as Argentina.

That's wild and unsustainable

[Bluto10]

I remember a college gettin in on the ground floor and mining for them ~10 years ago

bit late to be joining this fad IYAM; the horse has bolted

[Don Fonte]

8 minutes ago, Bluto10 said:

I remember a college gettin in on the ground floor and mining for them ~10 years ago

bit late to be joining this fad IYAM; the horse has bolted

What would your advice on all this be min?

[Bluto10]

yeah and if his auntie had bollox she’d be his uncle

[Don Fonte]

Just now, Bluto10 said:

yeah and if his auntie had bollox she’d be his uncle

Transphobic cunt.

[Bluto10]

Just now, Don Fonte said:

What would your advice on all this be min?

buy it at a low price, then sell it when it’s higher

[Don Fonte]

Just now, Bluto10 said:

buy it at a low price, then sell it when it’s higher

Solid advice. Will follow.

[Redforever86]

6 minutes ago, rocket_scientist said:

Given that taking a bite of Thai food is a risk you mummies boys are unwilling to take, I find the prospect of you investing in cryptocurrency as possible as you missing 12 calls from your family member who plays for AFC to tell you news that had already broken.

You live in a world of make-believe.

He is away ahead of you selling and trading his artwork as/for NFTs. 

[YorkDon]

3 hours ago, Bebo said:

Central banks will eventually create their own non-decentralised digital currencies, probably using or based on the XRP ledger.

 

I’d like to say I understand all of that, but I’d be lying, tho I have heard of the XRP ledger.

[dervish]

Yeah no knowing more than the market is best guided by YouTube videos.

 

Most shocked face thumbnails is the golden thread. Sorry meant?

 

Why is blockchain blowing up? Too late? Let's find out. #HODL

[Hagi's pubic hair]

4 hours ago, rocket_scientist said:

I don't want to mine. Neither do the vast majority (percentage unknown).

Are you aware of what's been happening in the crypto market in 2021? It's a market on fire. I'm interested in learning the mechanics of it, mostly for being able to determine the right times to cash out but in the meantime, I'm telling every cunt to look into it and jump on with what they can afford to lose. Is that sensible?

Can you tell me the coins you are investing in?

[dervish]

3 minutes ago, Sooper-hanz said:

Never said it was. 

No judgement here. I dunno. Would just be wary false prophets. Use what you can lose etc. credit is crazy just now so me I'll put it in the mortgage.

 

[Redforever86]

5 hours ago, rocket_scientist said:

you two experts who have been on it for ages must be crypto millionaires by now? 

Only been involved since Feb. Up 70% and 30% roughly on ADA and XLM. 

But I haven't made a single penny because I haven't cashed out.  

It was pretty small stakes anyway. 

[Parklife]

1 minute ago, Redforever86 said:

Only been involved since Feb. Up 70% and 30% roughly on ADA and XLM. 

But I haven't made a single penny because I haven't cashed out.  

It was pretty small stakes anyway. 

What platform do you use? Ive used coinbase but the coins it offers are pretty limited 

[Redforever86]

2 minutes ago, Parklife said:

What platform do you use? Ive used coinbase but the coins it offers are pretty limited 

I use etoro because it was easy as fuck and I was half cut when I got involved. It's far from the best I believe. 

A few of my mates use Binance and Coinbase. Not sure what is best to be honest. 

2 minutes ago, Studebaker-90 said:

Coinbase is issuing a direct public offering this afternoon on the NASDAQ at 250 dollars a share. You’d think there would be money to made from one of the main platforms that trades the crypto. 

Aye think it'll do good although not investing myself. Longterm it could have competition from more mainstream players if Crypto continues to boom, but at the same time that would just validate their business. 

[Redforever86]

6 minutes ago, rocket_scientist said:

 

You will understand if you gave the impression that you knew more than you could possibly have learned in two months, given your previous. 

You will understand if you are on a forum entitled "the pub" where posters rant and rave about everything from Corona virus to religion to politics to if Harvey Price has shagged his ma, that an opinion is to be taken with a pinch of salt. 

You could learn a lot about Crypto is in 2 months, things like what mining is, what staking is, what options are, stop losses etc etc. 

All of the above you quoted was correct at time of writing or clearly a personal opinion.

[Redforever86]

4 minutes ago, rocket_scientist said:

You will understand that in both the pub and the gaylord forums, being seen to be ITK and fabricating false realities are frequent occurrences. It also can't have escaped your attention that some of these sad sacks use "internet persona", deflection and minimisation as their excuses when getting caught out deluding themselves. 

Ok. 

[Parklife]

31 minutes ago, Studebaker-90 said:

Coinbase is issuing a direct public offering this afternoon on the NASDAQ at 250 dollars a share. You’d think there would be money to made from one of the main platforms that trades the crypto. 

Yeah, the fact that coinbase were the biggest name made me think it'd be the safest option. 

26 minutes ago, Redforever86 said:

I use etoro because it was easy as fuck and I was half cut when I got involved. It's far from the best I believe. 

A few of my mates use Binance and Coinbase. Not sure what is best to be honest. 

Binance seem to have a big range. Will check them out. Thanks. 

21 minutes ago, rocket_scientist said:

If the coins you want are available on SwissBorg, it's only 1% fee. It was 3.5% on Coinbase. 

Thanks.