Should have put money in Litecoin instead.... WTF is this s***!!

SpeedDemon13

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Quote from: hilariousandco on November 26, 2013, 07:43:38 PM

Quote from: SpeedDemon13 on November 26, 2013, 07:21:27 PM

Quote from: hilariousandco on November 26, 2013, 07:16:40 PM

Quote from: SpeedDemon13 on November 26, 2013, 07:00:31 PM

Also I notice a trend, when the winter comes, people start heavily mining with GPU's at this time.

Good idea to warm up your house and not waste heat energy.

That's what exactly I'm doing right now....lol....GPU mining and CPU mining. Got 8 computers in my room on...lol....My electric heater is on the corner of my room collecting dust....lol

My bro has a tiny little box room and the radiator only half-works so we power up his xbox to heat it haha. Soon warms up.

Be careful when you power up that heater again. Dust can accumulate and set on fire. At the very least scorched/vaporized dust doesn't smell very nice.

I usually use the air compressor to clean it out before I use it. But at this rate of how GPU mining is profitable again, I won't be needing the heater for the rest of the winter...lmfao

hilariousandco

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Quote from: SpeedDemon13 on November 26, 2013, 07:21:27 PM

Quote from: hilariousandco on November 26, 2013, 07:16:40 PM

Quote from: SpeedDemon13 on November 26, 2013, 07:00:31 PM

Also I notice a trend, when the winter comes, people start heavily mining with GPU's at this time.

Good idea to warm up your house and not waste heat energy.

That's what exactly I'm doing right now....lol....GPU mining and CPU mining. Got 8 computers in my room on...lol....My electric heater is on the corner of my room collecting dust....lol

My bro has a tiny little box room and the radiator only half-works so we power up his xbox to heat it haha. Soon warms up.

Be careful when you power up that heater again. Dust can accumulate and set on fire. At the very least scorched/vaporized dust doesn't smell very nice.

Yurizhai

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Quote from: SpeedDemon13 on November 26, 2013, 07:24:09 PM

Quote from: leoragraves666 on November 26, 2013, 07:18:57 PM

Seems that Litecoin might actually happen. I will never understand why, but seems that people will buy anything with coin on it.

The crypto world/economy works in strange ways, I don't even know 100% of what going on at times. Some things don't makes since most of the times and other times it makes sense. Oh well, just ride the roller coaster we call cryptocurrency....

At this point if you put your money into anything but Chinacoin you should have made money.

SpeedDemon13

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Quote from: leoragraves666 on November 26, 2013, 07:18:57 PM

Seems that Litecoin might actually happen. I will never understand why, but seems that people will buy anything with coin on it.

The crypto world/economy works in strange ways, I don't even know 100% of what going on at times. Some things don't makes since most of the times and other times it makes sense. Oh well, just ride the roller coaster we call cryptocurrency....

SpeedDemon13

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Activity: 518

Merit: 500

Quote from: hilariousandco on November 26, 2013, 07:16:40 PM

Quote from: SpeedDemon13 on November 26, 2013, 07:00:31 PM

Also I notice a trend, when the winter comes, people start heavily mining with GPU's at this time.

Good idea to warm up your house and not waste heat energy.

That's what exactly I'm doing right now....lol....GPU mining and CPU mining. Got 8 computers in my room on...lol....My electric heater is on the corner of my room collecting dust....lol

leoragraves666

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Seems that Litecoin might actually happen. I will never understand why, but seems that people will buy anything with coin on it.

hilariousandco

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Quote from: SpeedDemon13 on November 26, 2013, 07:00:31 PM

Also I notice a trend, when the winter comes, people start heavily mining with GPU's at this time.

Good idea to warm up your house and not waste heat energy.

SpeedDemon13

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Activity: 518

Merit: 500

Quote from: Lauda on November 26, 2013, 07:12:48 PM

Quote from: SpeedDemon13 on November 26, 2013, 07:08:46 PM

In California, USA , it's 21 hours off peak hours and only 3 hours partial peak.

Here the rates per kwh are almost double in winter compared to summer.

Do you live by a coast or major city? Usually that applies to expensive areas and coastal areas. I live the the Northern California valley. Rates are cheapest in the winter, because there is no peak hours prices during that time period.

Lauda

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Terminated.

Quote from: SpeedDemon13 on November 26, 2013, 07:08:46 PM

In California, USA , it's 21 hours off peak hours and only 3 hours partial peak.

Here the rates per kwh are almost double in winter compared to summer.

SpeedDemon13

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Activity: 518

Merit: 500

Quote from: Lauda on November 26, 2013, 07:03:15 PM

Quote from: SpeedDemon13 on November 26, 2013, 07:00:31 PM

Also I notice a trend, when the winter comes, people start heavily mining with GPU's at this time. Guess when electricity is at it's cheapest, people mine more, which causes people pump more coins into the crypto economy. Plus the demand seems to get higher from Fall to Winter time also. Summer and Spring seems to be the down time for cryptos....

Actually in winter the electricity is more expensive here, hmm?

In California, USA , it's 21 hours off peak hours and only 3 hours partial peak.

Lauda

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Terminated.

Quote from: SpeedDemon13 on November 26, 2013, 07:00:31 PM

Also I notice a trend, when the winter comes, people start heavily mining with GPU's at this time. Guess when electricity is at it's cheapest, people mine more, which causes people pump more coins into the crypto economy. Plus the demand seems to get higher from Fall to Winter time also. Summer and Spring seems to be the down time for cryptos....

Actually in winter the electricity is more expensive here, hmm?

AvalonMiner

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I bought 18ltc earlier, rather glad I did Cheesy

SpeedDemon13

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Also I notice a trend, when the winter comes, people start heavily mining with GPU's at this time. Guess when electricity is at it's cheapest, people mine more, which causes people pump more coins into the crypto economy. Plus the demand seems to get higher from Fall to Winter time also. Summer and Spring seems to be the down time for cryptos....

Lauda

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Terminated.

Quote from: Hazard on November 26, 2013, 06:05:43 PM

Altcoins are high risk, high reward.

Invest sparingly Wink

Put a little bit of them everywhere and you're good to go.

hilariousandco

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It was inevitable, people will always go to the next best thing when something gets too expensive. There always seems to be a small knock-on / trickle down effect when each currency rises. There's probably a bigger mark up to be made backing one of the other up-and-coming cryptos now whilst they're still cheap. FTC is still under 50 cents and I bought in at 12 cents so it's worth a pop in grabbing what you can afford.

deathmul

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Put all in XPM

Hazard

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Altcoins are high risk, high reward.

Invest sparingly Wink

Lauda

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Terminated.

All coins are up. Litecoin isn't the one with the highest rate of growth.

Hazard

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Chinese are blindly pumping money into LTC... It's incredible to watch.

The crash is going to be dramatic.

Guido

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most things are cyclical

to be fair most alts were ridiculously underpcied
I mean coins with communities, services, designs,going for cents and fractions of cents while bitcoin was like $600

also people panicked and believed hype that btc was going to $35k each in one hit lol
it may, one day, who knows but nothing goes up like an arrow and never goes down, bitcoin never has and never will
it's altcoins overdue catchup

tbh if you hold then the huge rise will come for btc I'm sure

it's best to hold coins rather than keep buying sand selling imo

hold your btc, say 75% and have a play with 25% of your btc in some alts you think underpriced
up to you

again, be prepared to hold for months imo at least

2 coins undervalued imho; franko and megacoin
great coins, bright futures, honest coins with great communities

and I can promise you megacoin is going to be blowing people away in coming weeks/months

Topic: Should have put money in Litecoin instead.... WTF is this s***!! (Read 1580 times)