1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Other Cryptocurrency

Discussion in 'General' started by MLyons, 6 Dec 2017.

  1. BeauchN

    BeauchN Active Member

    Joined:
    5 Apr 2011
    Posts:
    842
    Likes Received:
    91
    adidan likes this.
  2. adidan

    adidan Guesswork is still work

    Joined:
    25 Mar 2009
    Posts:
    14,194
    Likes Received:
    1,696
  3. wolfticket

    wolfticket Downwind from the bloodhounds

    Joined:
    19 Apr 2008
    Posts:
    2,946
    Likes Received:
    235
    I suppose there is the potential that, while governments struggle to exert control of cryptocurrency itself due to it's decentralized nature, they could relatively easily tax/regulate large scale mining out of existence nationally.
     
  4. Anfield

    Anfield Well-Known Member

    Joined:
    15 Jan 2010
    Posts:
    5,245
    Likes Received:
    420
    Progressive pricing model for electricity...

    The more you use the more you pay per kwh.
     
    TheMadDutchDude likes this.
  5. MLyons

    MLyons Half dev, Half doge. Staff Administrator Super Moderator Moderator

    Joined:
    3 Mar 2017
    Posts:
    2,959
    Likes Received:
    1,080
    This is probably the best idea I've heard yet on how to combat mining.
     
  6. spolsh

    spolsh Active Member

    Joined:
    4 Feb 2012
    Posts:
    745
    Likes Received:
    103
    or the more washing/drying you do, the more you have heating on, the more ... and on ... and on.
     
    TheMadDutchDude likes this.
  7. B1GBUD

    B1GBUD ¯\_(ツ)_/¯ Accidentally Funny

    Joined:
    29 May 2008
    Posts:
    3,322
    Likes Received:
    415
    Yep, when its a washing day I can definitely see the peeks on the smart app, tumbledryer + ironing + powershower = more than mining
     
  8. Guest-23315

    Guest-23315 Guest

    Western Union is testing XRP for transfers.

    Maybe worth watching.
     
  9. Zoon

    Zoon Hunting Wabbits since the 80s

    Joined:
    12 Mar 2001
    Posts:
    5,034
    Likes Received:
    481
    XRP and XLM have been going really weird today. Up. Down. Up. Down. Ticking 5% up 5% down. Someone doing some flipping today would've been well up.
     
  10. adidan

    adidan Guesswork is still work

    Joined:
    25 Mar 2009
    Posts:
    14,194
    Likes Received:
    1,696
  11. RedFlames

    RedFlames ...is not a Belgian football team

    Joined:
    23 Apr 2009
    Posts:
    11,727
    Likes Received:
    1,495
    Guessing that's the case for other distributed computing projects too.... BOINC, F@H etc.
     
  12. hyperion

    hyperion Active Member

    Joined:
    30 Jun 2007
    Posts:
    754
    Likes Received:
    30
    I'm surprised they haven't figured out a way to take advantage of it by offering their own crypto to reward folding.
     
    adidan likes this.
  13. adidan

    adidan Guesswork is still work

    Joined:
    25 Mar 2009
    Posts:
    14,194
    Likes Received:
    1,696
    SETICoin? Why the hell not? Making coin while being useful.

    All of them could do it, wouldn't cost anything, just start their own coin.

    Or is that not how it works? #onewhospeakswithnoknowledge
     
    MLyons likes this.
  14. Anfield

    Anfield Well-Known Member

    Joined:
    15 Jan 2010
    Posts:
    5,245
    Likes Received:
    420
    FoldingCoin and CureCoin have been around for some time already:
    https://www.foldingcoin.net
    https://curecoin.net
     
    adidan likes this.
  15. hyperion

    hyperion Active Member

    Joined:
    30 Jun 2007
    Posts:
    754
    Likes Received:
    30
    Interesting, I had no idea. I don't fold or mine but this is quite appealing actually.
     
  16. fix-the-spade

    fix-the-spade Well-Known Member

    Joined:
    4 Jul 2011
    Posts:
    3,698
    Likes Received:
    343
    Of course if they did that they would make Cryptocurrency a suddenly finite resource, which would drive it's value up explosively.
     
  17. Zoon

    Zoon Hunting Wabbits since the 80s

    Joined:
    12 Mar 2001
    Posts:
    5,034
    Likes Received:
    481
    Granted I am watching it on the HODL app which doesn't report a direct rate but instead uses a conversion to BTC - therefore if the BTC rate is moving up and down a lot it can skew the numbers a touch - but looks like it went up around 8p and back down a touch today. Might have been related, might not.

    I think it likely it's going to bust £1 in the not too distant future though.

    Oh and LTC went from £116 to £160 today, although pulling back a touch now. Approximately a 35% gain more or less.
     
    Last edited: 15 Feb 2018
  18. Wakka

    Wakka Yo, eat this, ya?

    Joined:
    23 Feb 2017
    Posts:
    2,029
    Likes Received:
    591
    Another run this morning has put BTC back within touching distance of $10k... If it breaks that, could be another crazy bull run.

    LTC's recent surge is an odd one, came about with no real news or shill, but was the best performing coin on CMC yesterday.
     
  19. nimbu

    nimbu Well-Known Member

    Joined:
    28 Nov 2002
    Posts:
    2,060
    Likes Received:
    66
    I was reading something about litepay, ltc transactions over visa being a step closer.

    Made a couple of quid yesterday flipping. Nothing stellar as my stake isn't huge.
     
  20. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

    Joined:
    4 Dec 2007
    Posts:
    12,838
    Likes Received:
    2,044
    Apart from the upcoming hard fork, which is pretty much the sole reason for the jump - expect it to drop back again after the fork once everyone's got their airdrop.
     

Share This Page