Bitcoin hits $1000!
03 January 2018, 01:42 PM
#242
Scooby Regular
Do any of you mine coins using a pc and make any money from it? Everything you read now says you need an ASIC rig but i'm cynical and thinking it's just wanting to put new people off. Running a top end gpu such as a 1080 some people claim they can earn $7-$15 a day with software such as sniffdog miner.
04 January 2018, 09:47 AM
#243
Scooby Senior
Thread Starter
I doubt you'll make your electricity back without a pretty hefty investment, plenty on youtube will show you their negative income. You could mine some alt coins.
04 January 2018, 09:53 AM
#244
Scooby Regular
05 January 2018, 08:48 PM
#245
Scooby Senior
Thread Starter
I’m getting pig sick of Facebook experts wrapped up in some referral/MLM scheme. “Ask me how I made money from sh1tcoin” Too much “trading” not enough using and rarely do they have private keys! I try to link them to https://www.cryptokitties.co for safety.
06 January 2018, 08:09 AM
#248
Scooby Senior
Thread Starter
06 January 2018, 08:10 AM
#249
Scooby Senior
Thread Starter
06 January 2018, 10:02 AM
#250
"Can you spend it?" I think it is more of a currency exchange mechanism. You can buy other crypto with it
Pinched this from another site (dated 2013....!)
"As far as I understand, XRP is a centrally issued currency that doubles as a method to pay transaction fees in Ripple, apparently needed to discourage attacks on the system.
The currency is in its first phase and is being given away to encourage people to use it and to get into using Ripple. The Ripple system can transfer any currency of your choice. It can exchange between currencies "in transfer", i.e. you sent dollars and your friend gets Danish Kroner, at least that's the idea.
XRP is an underlying thread. It can also be transferred and used as a currency, but you must have some on your account otherwise Ripple won't work for you.
So while they are being given away at present, I believe they will gradually pass to being sold starting out cheaply but at increasing prices as time passes..."
Pinched this from another site (dated 2013....!)
"As far as I understand, XRP is a centrally issued currency that doubles as a method to pay transaction fees in Ripple, apparently needed to discourage attacks on the system.
The currency is in its first phase and is being given away to encourage people to use it and to get into using Ripple. The Ripple system can transfer any currency of your choice. It can exchange between currencies "in transfer", i.e. you sent dollars and your friend gets Danish Kroner, at least that's the idea.
XRP is an underlying thread. It can also be transferred and used as a currency, but you must have some on your account otherwise Ripple won't work for you.
So while they are being given away at present, I believe they will gradually pass to being sold starting out cheaply but at increasing prices as time passes..."
06 January 2018, 02:29 PM
#251
Scooby Senior
Thread Starter
I like this https://bisq.network haven't used it yet but will soon.
I hear a few negatives thrown at Ripple, not saying it's not great tech but I'm alway reading that it's centralised and pre mined, probably a FAQ.
I hear a few negatives thrown at Ripple, not saying it's not great tech but I'm alway reading that it's centralised and pre mined, probably a FAQ.
