Crypto Mega-Thread [A.K.A Cryptocurrency mining isn't for hobbyists and Ethereum's terrible]

get a room you two :wink:

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hey guys im thinking of making a new cryptocurrency that can only be acquired by mining, it cant be sold or bought you just attribute it so it basically has no real worth i think its gonna be the next big thing

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I recommend you just by into

http://rarepepedirectory.com/?page_id=1405

or

instead

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Let’s play crypto stupidity bingo! Grab a card, everyone!

serveimage (1)

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It’s already happening;

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Here, I’ll start to get the ball rolling:

image

This is over 5 years + of involvement.

Curious to see y’all’s.

I tried this once but gave up after I had to download the blockchain ( 25-ish GB) and it wouldn’t sync up. This was 2 years ago.

Tried what, mining? running a node?

You can own crypto without downloading a fuckton of data using SPV wallets (on most coins)

How do you think people trade on their phones?

It came.

mining bitcoin, at the time.

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ugh crypto noobs these days:

Hmm those two basic concepts point to simply trading/investing over mining, even if you have bought assets.

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It’s almost like people with a basic understanding of business and economics came to this conlcusion years ago

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Rip BCash:

It’s done nothing but lose money since exchanges opened shorts and trading.

Dump it while you can boys

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I posted that a couple posts up

damn I didn’t see it

yuuuuuuup

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hmm

https://www.forbes.com/sites/greatspeculations/2017/08/04/how-to-report-bitcoin-cash-and-avoid-irs-trouble/#3b6cc30666cc

The BTC-e shitshow is par for the course on exchange behavior.

Bitfinex just started an ICO for a “decentralized smart contract ICO trading platform” with their own shitcoin lol

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