Topic: -- Miner's Official Coin LAUNCH - NUGGETS (NUGS) -- - page 13. (Read 121560 times)

I'm not sure.

If I had to guess I'd say its like 1 kilo hash.  Lol.


Whiz away!

Already sent you 10k

What's the network hashrate at the moment? I might be tempted to whizz all over this thing.

Thank you.  My point exactly.


Where's my NUGs?

You realize that Vlad would win in that competition.

Give me an idea.  I have 2 rigs at least that good sitting idle.  Thanks.

not too long ;-) rig is a 6850 sitting in the corner.

That's pretty good.  How long did it take you to mine those and with what rig?  Thanks.

~170k ;-)

Well, how many NUGs you got?  I mean I have quite a few iffy posts on here.

Figured out a great use of NUG's. Whenever someone post something so ridiculously stupid on the forum, we can send them NUG's.

:-)

Nuzzle the NUGs.

What?  You said you've been mining.

no miner,no trade,
what can you do with nugs?

Can someone send me 1 NUG? The sooner the better!
Thanks a lot holy brothers
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This has nothing to do with basic math - we're way past that and there's no simple basic math to tell you the future price of a commodity or a fiat.

We're talking about politics here, mass psychology, secret agendas and complex fiat formulas which are affected by many uncontrollable variables.  In order for Bitcoin to go to $300 or $1,000 there must be a perfect storm and that has to be created by someone or something - like an ETF.

And I'm sorry, but I have not seen these devoted investors and actually besides myself I have yet to meet just one other guy who is putting his hard earned dollars in Bitcoin and other alt coins - buying them straight with cash to keep and wait for that day to arrive.

And the real money won't be made in Bitcoin but other alt coins and when it comes to those riskier coins I really see not one person who is buying these in cash (since mining for some of these is nearly impossible (ie. Devcoin and ixCoin)) and publicly stating their goal is to hold for a certain price level.

And that's to be expected - these people are programer types - and these vary greatly from actual investors.  Investors haven't come in yet - they're still waiting for confirmation that Bitcoin and alt coins will be around in the near to mid-term future - a worry which will be eliminated by an ETF license.

I think you are mistaken about the mentality of those who invested in BTC before the March/April bubble. The vast majority might allocate some BTC to actively trade, but they have for sure a healthy amount of coins they will hold for the very long run (+10 years).

You seem to forget that early investors understand BTC was designed to go bust or skyrocket well above 5 figures in USD per BTC, possibly 6 figures. Is basic math.

Absolutely not, it never works that way, which is why I'm shouting from the rooftops and in the event I am right, more people will be worth more than they would have been otherwise.

See, let's say I'm right.  99% of the people on here are not finance or economics types - so that means 99% do not expect such an enormous jump in Bitcoin's price or any other alt coin for that matter.

Most here mine and do not purchase actual alt coins (like I have been doing since day 1, with actual Dollars) and that's cause most lack the necessary convictions and experience in stocks and they don't see any real future, at least not so much so soon.

So what do you think will happen when Bitcoin goes to say $270 and breaks its all time high?  What will happen if say this CrapCoin goes to say 2 cents per coin or Devcoin goes to just 1 penny from like 1/100th of a penny now or ixCoin goes to say 10 cents from half a penny now?

Most people here have never been around such volatile investments and since most don't expect a huge rise at least not a quick rise once they see say $10,000, $50,000 or especially say $100,000 worth of coins in their wallets what do you think they'll do?

SELL SELL SELL

they'll dump as fast as they can cause they can't believe what luck they had and they FEAR they'll never see that kind of easy money ever again.  This is where FEAR and GREED take over all rational thought and 99% of the people in this world are simply not trained to overcome that fear and greed so they'll react impulsively; thus, losing all objectivity.  I've seen it in stocks many many times and it actually happened to me (numerous times) early on in my career until I taught myself to stay detached from any risky, volatile investment.

And at that point the new batch of speculators will come in as that price will seem cheap to them compared to Bitcoin or many other stocks and once they see a quick 10-fold rise they'll be shocked, overcome with FEAR and Greed and most of those guys will sell as well.

And the cycle repeates without a single person ever making millions.  Statistically, at most, 1/10th of 1% have the nerves of steel and powerful convictions to risk losing $50,000 or $100,000 on the mere feeling or conviction that it will go much higher.  Most people are simply not wired to take that kind of risk and even if you are - if yo don't see it, if you don't have your own convictions based on something solid then you will sell even if a guy like me is screaming:  NO NO NO IT'S GOING TO $1 MILLION!!!

And this is why I'm working so hard to brainwash people into seeing now what's going to happen cause if I can't convince a few people to hold off even a few extra days - that could be another $100,000 in free cash.....or if I'm wrong I could cost that person that entire $100,000 in pure lifetime profits....hence, we're back to the same fear cycle which dictates 99.9% of people on here whom are not trained and experienced traders or investors will sell way way too early so no need to worry about too many millionaires.


Good luck to everyone - I hope I'm right and I hope many of you have the guts and nerves of steel to hold on while everyone is going crazy and dumping all their coins for the easiest profits they've ever seen.

Wow, so all the people at which you are laughing at in this ead will be worth dozen millions of $ very soon, that's your prediction?

What's the dealio, yo?


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Thanks!