Topic: delete - page 2. (Read 4378 times)

Wow, I was fully expecting an inflammatory post, ridiculing alt coin miners...but I couldn't agree more.  I keep telling people,  you're going to have to do some work and actually think about what you mine instead of just pointing your rigs at whatever is turning a profit at that exact moment.  That is unsustainable, and is exactly why the bottom of the market has fallen out.  Gotta look at the big picture, or you might as well pack it up, cause you're going to be very disappointed. 

If we look at our history,  Cats and dogs always win the technology battle.

Does this mean I'm going to get rich from hoarding my Corgicoins?

i got a mouthy comment from some dick about selling some Bitcoin on BTC-E's troll box a couple weeks ago roughly..
The guy gave me a matter fact speech about, well don't invest money your not in a position to lose
and fair enough he is right but i was insulted he assumed i was an idiot lol

I had told guys on that chat box when they post their usual dumb theories such things as huge mining operations
have no choice but to dump some coins by the end of the month to "pay bills" as i said i was doing and that they'
have to do this to pay back money they borrowed to setup the massive operations and to pay staff and electrical bills etc
AND that when the troll box idiots start spouting off wild conspiracy theories about Whales playing the market with some clever strategy
it may in fact be some big mining operation like i just said that has some bills to pay.. such as some big mining operations in Washington State USA or in China etc
or even some big holders who simply want out of the scene like Mark Krapelles or famous rich guy investor Richard Branson.

People in the scene especially on Troll box's bark out the most utterly ridiculous matter of fact bullshit that it agitates me like nails on a chalk board
they are so simple minded, blind, naive and gullible it blows me away.. they just get a random thought in their head and assume a ton of shit then jam it down
everyone's throat that will listen OR just out right lie nonstop to pump up popularity for the coin their stuck holding a bag in..
Troll-box geniuses lol

Anyway i told that mouth idiot on BTC-E's troll box.. spare me the investment lecture i never invested one cent ever..
i have made many thousands thank you so kiss my ass pretty much lol
So needing or wanting to cash out doesn't mean

edit:
I was told by a person that wanted to know about this stuff that had didn't give flying fuck about any currency stuff..
he wanted to get rich quick.
i have not talked to him since.. I'm in crypto because i believe in it.. contrary to the guy saying to me literally fuck that shit i don't care he said.
i was rather disgusted when he said that.. we don't need greedy assholes like that ..be we got over run with them not long ago
that was when bitcoin was last at $900 and i gave him 1 BTC to get started.. it ended a friendship pretty much.

Posted From bitcointalk.org Android App

I`m usually crying about something but never about mining catcoin

Its true, when people started mining bitcoins they were not doing it to get rich.  Doing what everyone else is doing will never make you rich, if that logic was true we would all be eating fancy feast 3x daily with a side of liver! Yum!!!!

Buying with fiat is no less speculative. Lets generalize and say that everything about virtually all economic activity with crypto-currencies is speculative right now.

I know coinmarketcap had about 30 alts before christmas and 200+ now. Nevertheless, an older member here remembered an earlier time from a year or two ago when the market was being flooded with shit coins. Not many of them seem to have survived, and maybe most of the current ones will die soon enough.

This is a good point, mining is rarely profitable at the time of the mining.  It implicitly involves speculation, just in a different form, consider it a premium for getting "virgin" coins.

You might consider getting together with Spoetnik and muddafudda and starting an IED self help group. (emphasis added)

Ah, but is the alt coin market the same now as it was back then when these experts got into ltc and btc?
If not, what are the differences? Would there happen to be more shitcoins flooded the market now?

I found it very comforting to read the posts from people who experienced early crashes and witnessed bitcoin going down to 1/20 of it's peak value, then going back up again.

This time will weed out all those greedy miners who thought they would make tons of money with mining. Profits have definitely reduced over the time but I will continue mining till electricity costs even out. I was mining LTC when it was $1 and then it shot to $50. So its all about speculation and not risking what you can't afford.

+ millionz

Few weeks ago I've completely changed my approach to mining.
I realised, that I have machine for making cheap bitcoins (according to my electricity costs 1 BTC = 360$ now) that I'm investing in some PoS coins.

Now feel like investor   Not like kid that is gaining pocket-money  

Feels like someone else is posting on behalf of BCX for the last 2-3 days. Where is the real slim shady?  
Kidding aside, thank you for this piece of history. It is great to read about some of the past events.
Much appreciated.

The darkpool sounds sexy.

let me explain, when i got into this was roughly end of october, end of november this shit picked up and then influx of new miners happened (2014). I have never really said anything back then because it was enjoyable to visit. now its a cesspool and the amount of newbies just talking shit is getting nerve racking.

lol says mr registered dec 2013 

The subject title says all I need to know about OP.

Il say this flatout : Almost Every person that has joined in 2014 on this forum are fucking scumbags, with no knowledge at all, no attempt to gain knowledge either and lastly, these are the same fucks that are trying to bring about "change". Ridiculous. Also im glad its harsh times right now, it was too easy before.