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ruff 07-01-2017 11:20 PM

Quote:

Originally Posted by Barry-xlovecam (Post 21864664)
You can make money off of any commodity volatility. I heard stories as a boy of guys who horded rubber tires and sold them at prices way above their worth during the Second World War. There was a scarcity of raw rubber, Japan had occupied the rubber producing countries in Asia. Neoprene (synthetic) rubber was not invented yet.

But rubber tires did have utility -- they were a useful commodity in trade.

Digital currency is 'air' it has little if any utility. If you can make money off of speculation -- that's fine --but don't cry if you get burned.
You either converted mining 'air' and electricity expended into a new form of air;or,
If you purchase digital 'currency' assets with hard asset national currency -- you are buying air with real cash -- keep that in mind.

Good luck to the winners ...

https://s7.postimg.org/r7greabej/monopoly-slots.png

Tell that to the people in Venezuela. All they have is Bitcoin.

Klen 07-02-2017 01:47 AM

Few questions; 1. What is your average ROI on it ?
2. Which programs do you use to make it work ?

jscott 07-02-2017 07:35 AM

hey Barry, let me see you turn your monopoly money into something of value please

I personally turn my crypto into cash in hand anytime I want to, so your lil image there is quite off

you definitely seem to know a little bit about crypto, but only that, a little teeny tiny bit. If you value it as "air" then you are a lost man and uneducated. Millions of people put value on bitcoin, i'd advise you to learn the reason why that is, this could be your breakthru into realization :thumbsup

jscott 07-02-2017 07:37 AM

i like to watch Bill Gates actually acknowledge monopoly money

https://www.youtube.com/watch?v=e6KRp91YAw8

AllAboutCams 07-02-2017 08:13 AM

Long term i think XRP will be the one to watch

At the moment ans is all im trading

jscott 07-02-2017 08:26 AM

AllAboutCams, why would you say that about XRP? I'm curious to know your thoughts :)

thx

phypon 07-02-2017 10:03 AM

Quote:

Originally Posted by Choopa Phil (Post 21861931)
Definitely has helped :) Overclocked doing 30mh/s per card on RX580's dual mining as well.


What driver version are you using for the cards? I have some OEM brown box sapphire nitro rx 470's. I did the 1500 strap and performance improved a bit, from 24.xxx to 25.xxx mh/s. I've tried adjusting the clock and memory using Trixx / Afterburner but the card(s) will crash. If I try very small increments there is no performance gain or a negative performance difference.

Are you still getting 30 mh/s with the updated EPOCH at 132? If I could get these cards to 28 mh/s I'd be happy. What brand card are you using?

Barry-xlovecam 07-02-2017 12:02 PM

@jscott I don't deal in unregistered securities for investment.

Bitcoin is not currency.

Bitcoin is air; you want to make air, buy air or sell air I really don't care.

If you make money it won't be off of me.

jscott 07-02-2017 12:51 PM

You waste your time in these discussions about this "fake air non currency"?

Klen 07-02-2017 03:17 PM

Quote:

Originally Posted by Barry-xlovecam (Post 21866320)
@jscott I don't deal in unregistered securities for investment.

Bitcoin is not currency.

Bitcoin is air; you want to make air, buy air or sell air I really don't care.

If you make money it won't be off of me.

I think you are stuck in 20th century :1orglaugh
That is joy of digital era - you can earn tons of money by doing nothing "hardware". Even absurd industries, like HYIP which is nothing more but ponzi scheme is still working fine.

ruff 07-02-2017 05:30 PM

Quote:

Originally Posted by Barry-xlovecam (Post 21866320)
@jscott I don't deal in unregistered securities for investment.

Bitcoin is not currency.

Bitcoin is air; you want to make air, buy air or sell air I really don't care.

If you make money it won't be off of me.

Why are you in these threads?

Barry-xlovecam 07-02-2017 06:24 PM

The transaction fee needs to go to the miner who processes the transaction, otherwise your transactions won't get processed. You can, of course, charge whatever fees you want for whatever services you offer, but these have nothing whatsoever to do with the transaction fee for Bitcoin transactions themselves.
https://bitcoin.stackexchange.com/qu...allet-operator

We know Satoshi expected a degree of node centralisation to occur as bitcoin became popular globally. We already have mining centralisation and bitcoin continues to work.

By failing to repeal the 1mb maximum blocksize limit, bitcoin is now limited by an artificial cap to transaction space within each block. Core developers have deliberately created a situation where users must now use their transaction fee to bid for a coveted seat in these constrained blocks. We all know that when demand for transactions exceeds available space that the network 'breaks' with rising fees, transaction delays and a new extremely cheap attack vector to disable the network for regular users (flood attack). Gregory Maxwell says that bitcoin was designed to run with full blocks like this all the time (interesting viewpoint given in 2009 bitcoin was released without such limitations and it has taken 7 years to reach this precarious state!).
https://www.reddit.com/r/btc/comment...ulated_why_is/
  1. Because opinions are like assholes -- everyone has one
  2. I know what you are trying to do

Normally, when a commodity has an end value or potential for stored value (precious metals delivery) speculation tends to support prices in a range.

Bitcoin (and now the 800 other digital currencies, many countless ICOs) are unregulated volatile markets with investors selling to other investors -- actual digital *currency* users are far an few between.
So in my opinion, remember I am only one of the ''assholes'' LMFAO, the way these digital *currencies* are being played is a scam -- the bockchain idea is good. No, end user needs these digital currencies to pay any legal debt.

The reference to Venezuela was asinine BTW -- a classic *Trump Diversion*

So why do digital currencies even exist in their present form?
So you can create them for profit, profit by their transaction and profit by their speculative market.

jscott 07-02-2017 09:09 PM

Quote:

Originally Posted by Barry-xlovecam (Post 21866851)
So why do digital currencies even exist in their present form?
So you can create them for profit, profit by their transaction and profit by their speculative market.

if by now, 2017, you cant find any value in crypto, best you just sit this one out, onto the next topic for you please :thumbsup

ruff 07-02-2017 11:49 PM

Quote:

Originally Posted by Barry-xlovecam (Post 21866851)
The transaction fee needs to go to the miner who processes the transaction, otherwise your transactions won't get processed. You can, of course, charge whatever fees you want for whatever services you offer, but these have nothing whatsoever to do with the transaction fee for Bitcoin transactions themselves.
https://bitcoin.stackexchange.com/qu...allet-operator

We know Satoshi expected a degree of node centralisation to occur as bitcoin became popular globally. We already have mining centralisation and bitcoin continues to work.

By failing to repeal the 1mb maximum blocksize limit, bitcoin is now limited by an artificial cap to transaction space within each block. Core developers have deliberately created a situation where users must now use their transaction fee to bid for a coveted seat in these constrained blocks. We all know that when demand for transactions exceeds available space that the network 'breaks' with rising fees, transaction delays and a new extremely cheap attack vector to disable the network for regular users (flood attack). Gregory Maxwell says that bitcoin was designed to run with full blocks like this all the time (interesting viewpoint given in 2009 bitcoin was released without such limitations and it has taken 7 years to reach this precarious state!).
https://www.reddit.com/r/btc/comment...ulated_why_is/
  1. Because opinions are like assholes -- everyone has one
  2. I know what you are trying to do

Normally, when a commodity has an end value or potential for stored value (precious metals delivery) speculation tends to support prices in a range.

Bitcoin (and now the 800 other digital currencies, many countless ICOs) are unregulated volatile markets with investors selling to other investors -- actual digital *currency* users are far an few between.
So in my opinion, remember I am only one of the ''assholes'' LMFAO, the way these digital *currencies* are being played is a scam -- the bockchain idea is good. No, end user needs these digital currencies to pay any legal debt.

The reference to Venezuela was asinine BTW -- a classic *Trump Diversion*

So why do digital currencies even exist in their present form?
So you can create them for profit, profit by their transaction and profit by their speculative market.

This is all cut and paste bullshit to try and show us you have some depth of knowledge. Nice try. You might also get some education on Venequela's fiat problems before you call my quip a "classic tRump diversion". Your so-called original thoughts have been expressed elsewhere by the original creators. You have to remember that some of us are current in our knowledge and information. Like I said, nice try, but fail.

Barry-xlovecam 07-03-2017 05:10 AM

Bitcoin is a scam -- it was never intended to be a transactional currency

Fuck you and your ad hominem attack on me.

That is the only reply you can make when faced with the truth.

You can't con an honest man only a greedy fool.

Mickey_ 07-03-2017 05:12 AM

Based on the replies it is clear who has taken the time to *truly* research cryptocurrencies and who has not.

jscott 07-03-2017 05:49 AM

Btw I have no personal issues with you Barry, but you make no sense in all your postings.

For one, you are super anti-bitcoin, but you partake in EVERY bitcoin related thread, that does something to your reputation, that kills your credibility.

second, everyone in these threads seem to understand crypto to a certain extent, but you seem totally in the dark, is like you are a brick wall to learning about crypto, (bias, close-minded?) i dont know, but your mind seem completely made up on this already. And again, i dont mean that as insult, it just amazes me to see an adult throw around as much false info as you are on any topic. I just hope people are smart enough to not listen to your terrible misleading theories :2 cents:

Barry-xlovecam 07-03-2017 06:28 AM

I like the idea of a blockchain.
I don't like false claims.

I hope you made internet millions ...

Barry-xlovecam 07-03-2017 07:32 AM

Quote:

Originally Posted by KlenTelaris (Post 21866599)
...but ponzi scheme is still working fine.

The True Cost of Bitcoin Transactions - Money and State

Bitcoin for dummies LMAO.

That is why Bitcoin is a fail as a currency in trade.

Nice volatility for speculation as long as there are speculators.

ruff 07-03-2017 09:07 AM

Quote:

Originally Posted by Barry-xlovecam (Post 21867379)
Bitcoin is a scam -- it was never intended to be a transactional currency

Fuck you and your ad hominem attack on me.

That is the only reply you can make when faced with the truth.

You can't con an honest man only a greedy fool.

I'm not attacking you dipshit. Re-read the threads. You've got nothing, but you sure are full of yourself.

Barry-xlovecam 07-03-2017 09:43 AM

Quote:

Originally Posted by ruff (Post 21867883)
I'm not attacking you dipshit. Re-read the threads. You've got nothing, but you sure are full of yourself.

fuck you

Choopa Phil 07-03-2017 11:56 AM

Quote:

Originally Posted by Barry-xlovecam (Post 21867379)
Bitcoin is a scam -- it was never intended to be a transactional currency

Fuck you and your ad hominem attack on me.

That is the only reply you can make when faced with the truth.

You can't con an honest man only a greedy fool.

Thats what litecoin was made for. Just about every crypto is based on Ethereum or Bitcoin block chain tech so I dont see how its a scam in the slightest. You sound salty for missing the boat.

Barry-xlovecam 07-03-2017 12:20 PM

Search Results: bitcoin

The CFTC has taken jurisdiction in the USA. You want to call trading air not a scam fine.

My point is: without new traders or actual end users the market will collapse.

When you are trading commodities someone always takes end of contract delivery. When was the last time a truck showed up and dumped a load of Bitcoin? Never.

Bitcoin is not freely convertible like real currency either.

Freely is the operative word here.

Choopa Phil 07-03-2017 12:43 PM

Quote:

Originally Posted by Barry-xlovecam (Post 21868180)
Search Results: bitcoin

The CFTC has taken jurisdiction in the USA. You want to call trading air not a scam fine.

My point is: without new traders or actual end users the market will collapse.

When you are trading commodities someone always takes end of contract delivery. When was the last time a truck showed up and dumped a load of Bitcoin? Never.

Bitcoin is not freely convertible like real currency either.

Freely is the operative word here.

I can convert BTC to fiat extremely easily. Again I think you need to do some due diligence and research on your end. And its not trading air...you have people who have vested billions of dollars into mining equipment. They set the pricing of the market.

jscott 07-03-2017 01:09 PM

Quote:

Originally Posted by Barry-xlovecam (Post 21868180)
My point is: without new traders or actual end users the market will collapse.

as with commodities, fiat in every country, crypto, and anything of worth or value.

If that is your point, then your entire argument has no hope.

But everyone is entitled to their opinions, I'd just hate if your words would influence others, that would be a shame :Oh crap

Barry-xlovecam 07-03-2017 01:12 PM

Funny, no one wants to comment on the transaction costs.

And the risks in the price volatility in the transaction's settlement time.

Choopa Phil 07-03-2017 01:14 PM

Quote:

Originally Posted by Barry-xlovecam (Post 21868273)
Funny, no one wants to comment on the transaction costs.

And the risks in the price volatility in the transaction's settlement time.

Funny how you ignore the truth about being able to convert to fiat. Go on Coinbase or Gemini and you can do it all day long.

I think everyone knows the inherent risk with volatility a la bitcoin or any crypto for that matter. As previously mentioned BTC was never meant to be used as a form of payment, hence LTC. Lower transaction fee's and low wait times.

Barry-xlovecam 07-03-2017 01:27 PM

Exactly my point. Very few need need Bitcoin.
If you have to create need for your currency you have a real problem.

If the World Bank (or other international entity) enters the international transaction market, storing or moving *monetary value* in consumer amounts, then it is just a matter of time.

The end.

Barry-xlovecam 07-03-2017 01:32 PM

Quote:

Originally Posted by Choopa Phil (Post 21868279)
As previously mentioned BTC was never meant to be used as a form of payment,

That is not the story line of 5 years ago. Bitcoin was going to revolutionize the payments industry. They are still trying to sell that story.

If you wanted to make the new digital casino -- then you have arrived.

jscott 07-03-2017 01:34 PM

Quote:

Originally Posted by Barry-xlovecam (Post 21868273)
Funny, no one wants to comment on the transaction costs.

And the risks in the price volatility in the transaction's settlement time.

ok wait, are you saying you actually use bitcoin?
I use crypto daily, trading, buying things, withdrawing to cash, sending to/from exchanges, etc and I've never had problems with time of transactions, nor have I had problems with costs.

Your arguments and "points" are weak at best. Your experience with actually using bitcoin recently seems minimal (if any usage at all?). When was the last time you've used bitcoin and what transaction and cost problems did you encounter? Share your experience pls :winkwink:

Your mind is obviously made up, but your attempt to pursuade others with false informations is wrong imo, close-minded opinions aren't helping anyone.

Choopa Phil 07-03-2017 02:02 PM

Quote:

Originally Posted by Barry-xlovecam (Post 21868315)
That is not the story line of 5 years ago. Bitcoin was going to revolutionize the payments industry. They are still trying to sell that story.

If you wanted to make the new digital casino -- then you have arrived.

It did revolutionize the payment industry regardless...litecoin was birthed because of it. There is more to crypto than just payments/processing.

Barry-xlovecam 07-03-2017 02:05 PM

I have never used bitcoin and never will so long as it is what it is.

If Bitcoin was never intended as a transactional currency -- what was its purpose?

And what is LTC-> USD or Euro's transaction costs?

Choopa Phil 07-03-2017 02:13 PM

Quote:

Originally Posted by Barry-xlovecam (Post 21868381)
I have never used bitcoin and never will so long as it is what it is.

If Bitcoin was never intended as a transactional currency -- what was its purpose?

Who said that? no one in this thread

Barry-xlovecam 07-03-2017 02:15 PM

Evading a direct question LMAO.
Answer a question with a question?

Choopa Phil 07-03-2017 02:25 PM

How am I avoiding the question when no one has proposed what you are saying in the thread? LMAO @ you sir.

Barry-xlovecam 07-03-2017 02:29 PM

Quote:

Originally Posted by Barry-xlovecam (Post 21868381)
I have never used bitcoin and never will so long as it is what it is.

If Bitcoin was never intended as a transactional currency -- what was its purpose?

And what is LTC-> USD or Euro's transaction costs?

I asked a simple question.

there you go 'are saying in the thread? ' answering another question with a question.

Choopa Phil 07-03-2017 02:55 PM

Youre asking a question to something no one has claimed or proposed. Hence the confusion. No one said it wasnt meant or intended for a transactional currency. You did. Which is untrue. So not sure what you're lookin for here

ipolic 07-03-2017 04:19 PM

Quote:

Originally Posted by KlenTelaris (Post 21865792)
Few questions; 1. What is your average ROI on it ?
2. Which programs do you use to make it work ?

I usually pick 5-10%+ per trade pair. I use Coinigy - Professional Bitcoin & Cryptocurrency Trading Platform for trading.

ipolic 07-03-2017 04:21 PM

Quote:

Originally Posted by jscott (Post 21865993)
hey Barry, let me see you turn your monopoly money into something of value please

I personally turn my crypto into cash in hand anytime I want to, so your lil image there is quite off

you definitely seem to know a little bit about crypto, but only that, a little teeny tiny bit. If you value it as "air" then you are a lost man and uneducated. Millions of people put value on bitcoin, i'd advise you to learn the reason why that is, this could be your breakthru into realization :thumbsup

Nice to see someone who understands blockchain revolution :)

ipolic 07-03-2017 04:23 PM

Quote:

Originally Posted by AllAboutCams (Post 21866026)
Long term i think XRP will be the one to watch

At the moment ans is all im trading

I agree with you here, although entire hype around XRP is based that BANKS will use it, while actually banks will use it's technology, not the actual coin...but well buy rumours, sell the news as they say :)


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