This is the coiner ghetto

If you are going to trade using crypto use one of the privacy coins like Monero (XMR). You can even make payments of bitcoin using it too with this site: https://xmr.to/

XRP TO THE MOOOOOOONNNNNNNNNNNNNNNNNNN

@Deleted User what's the difference between privacy and non privacy?

@Deleted User yeah I'm thinking of buying some monero. It's a little hard in NY state to buy actually, I have to use a VPN

@Deleted User so bitcoin can be tracked. it is VERY hard to track bitcoin but it can be done with control of nodes (like how they track things in Tor). However XMR Monero brings it up a notch with encryption and uses ring signatures to obfuscate even further.

@ThisIsChris best way to buy it now is using https://localmonero.co/

@Deleted User how bout them btc gains

if you want a good VPN use this: https://www.mullvad.net/

Interesting

@Deleted User yeah I was trying to understand the ring signature thing yesterday

what it seems like is that it obscures the source of funds by making it possible to be from 3-10 other people

crypto is a gay

Salty no coiners get out reeeeeeee

Reeeeee this is a coiner only channel

Koba playing both sides

Slimy

Not getting any of my crypto gains

If any of your want to get into mining crypto I have a setup I could share that is simple. Each one being about $2900 for ~3.6 KH/s on Monero which nets $12 per day at the current spot price. Just DM me.

@ThisIsChris should i just post all the info about it? i have a copy/paste for it with spreadsheet? if i did would you pin it for mining?

@Deleted User yes that sounds great!

For Mining Crypto:

**Before doing any of this figure out what you want to mine and get a wallet on your computer. This will help you get started with XMR. DO NOT trust any online wallet service.**
XMR Wallet: https://getmonero.org/downloads/
Entry level mining program: https://minergate.com/
XMR Mining Profit: https://www.cryptocompare.com/mining/calculator/xmr
Most secure way to pay for bitcoin transactions by using XMR: https://xmr.to/
Selling/buying XMR: https://localmonero.co/
Get yourself a good VPN: https://www.mullvad.net/

Generally a good idea for all of your passwords to be 16 hash.
Example only do not use: xzRg_"+T4,BJU)dq

Mining Rig spreadsheet is attached.

now get out there and get some free cash ya little whipper snappers

@Deleted User can you please give your post an introductory sentence so people looking at the pins know what they are looking at

hows that? the bold is supposed to be the start but i gave it a "For Mining Crypto" cause it is mostly self explanitory

Looks good, thanks!

And if you’re a lowly pleb like myself, you could always CPU mine instead of mining with GPU’s. I’m currently using my laptop to acquire Electroneum. Using power from work, so it’s pure profit

mining CPU is inefficient to power consumption

@Deleted User unless it’s winter time and you’re heating your house anyway. May as well generate crypto with the heating energy.

How is that even possible?

@Jacob what's that? CPU mining? Usually by joining a mining pool so that you get little pay-outs rather than waiting ages to solve 1 block and get the huge payout.

How do you mine using your heating?

Mining creates heat, it runs your processor at near 100% and your processor gives off heat when doing that. If you're already paying to heat your house, then paying the electricity to mine will do some of the task of heating your house and your furnace will do the rest.

I used to mine on dual GPUs back in the day and they'd heat up the whole room. I'd turn on a fan to share the heat with the rest of the apartment.

wow

Does anyone have any good sources for reading up on the projected pros/cons of Chia?

Is it worth it to buy ripple even thought it just went past one dollar?

If so, is binance a good way to do so?

https://twitter.com/officialmcafee/status/943174538036162562

daily reminder to invest into MGTI stock

it is one of the first companies directly tied to Bitcoin

they will also be releasing their encrypted mobile phone soon as well

The privacy coins (anonymous transactions) will have the greatest future. Coins like Monero (XMR), Verge (XVG), or Zcash (ZEC) cannot lose.

XMR is just the best

rekt

He bought high lol git rekt

https://diegorod.github.io/WillMcAfeeEatHisOwnDick/

Daily reminder

I bought pretty high too. But I didn't put much in and I'm patient. I think it will get back above 19000.

I have many friends who bought at $1,000 and were mad because "I bought at the top". Now look at them.

i bought my 4 at $600

im riding it

HODL is the best long term strat

if it dips, selling is the worst thing you can do

Of course the bubble could pop and all crypto could go down the toilet and never recover-- but let's be real, that's not gonna happen. this shit is taking off

I bought some more BTC when it dipped to around 15k today

bubble doesnt exist in crypto tho. that concept is faulty.

if anything popularity will determine going rates. and as privacy coins start to gain popularity the older coins (tech wise) will fade out. coins that allow normies to get into crypto will also be good. stuff like Chain Link.

This is an excellent detailed explanation of bitcoin that might be the #1 most influential on my knowledge in the crypto space:
https://youtu.be/JP9-lAYngi4

@koba >buying at $20,000 trying to make a quick buck 🤣

I'm looking at the Bitcoin Futures charts, XBT, they're really wonky though

They go up and down as much as Bitcoin does, but really they should be smoother.

Since they're based on a sale one month from now, so they don't need to track every little jump right now

How does it take too buy

@ParadoxusX what?

I meant how long does a purchase take

for crypto coins?

about 15 min max for a transaction depending on what you are getting.

Bought $100 of lightcoin yesterday and it still hasn’t gone through

did you transfer it to your wallet?

It still says pending

did you sync your wallet?

if it says pending on the site you bought it on its their problem usually

I’m using Coinbase

>using coinbase

u fugged up

Fuck

How badly?

well if it does get into your wallet on coinbase be sure to transfer it to a hardware or offline wallet on your computer. never keep your coins on a website side server.

Ok

coinbase usually isnt that bad but ever since the IRS siezed information on it for transactions over 20k its fucked

I’ll have to look into it more

Will my transaction ever be done

its why we use localbitcoins or localmonero or any of the other local[insert coin here] sites

probably

one day

lol

It takes a while to receive crypto because you sent a USD transfer to them, which takes like 4 business days and can be reversed, which is a risk for them. They plan to send you crypto, which is instant and irreversible. So they’re not going to give you the “guaranteed” money until the “maybe” money you sent them settles out.

@ParadoxusX

Makes sense

https://learnbitcoin.cash/

@this_that5553 is BCH just Bitcoin with faster and cheaper transfers?

Yeah basically. The website explains it

I actually really like bitcoin cash and their phone wallet

pretty slick

@Tanner - SC The fuck is this? http://b2x-segwit.io/

@this_that5553 sounds like what bch did. though in this guy's version he divies up Satoshi Nakamoto's coins too

Yeah idk. If there’s gonna be forks left and right, sounds pretty bad for the future tbh

I have a feeling these at least one of these changes will be incorporated into Bitcoin core, it will solve the current transaction problems with bitcoin, and the alternative forks will fade into obscurity, but at least now they provide the competitive pressure to cause btc to innovate