until like march this year no one really gave much interest and we were left alone and anyplace was as good as any other place
Chat archive · 2017-10
AppleMiner · · #42189
AppleMiner · · #42190
THEN shit started to get competative
AppleMiner · · #42191
I mean when you are making 3 dollars a day, its + - 20 cents from the best to the worst place
AppleMiner · · #42192
and its still that way, 10% is all that seperates the best pools and the worst ones that are still in business
AppleMiner · · #42193
just that 10% applied to 25$ makes it a bit bigger
solidnetmoney · · #42194
sure. true that
solidnetmoney · · #42195
i suppose you know the best pools by experience
AppleMiner · · #42196
just trying this one and that one to see whats what
AppleMiner · · #42197
lots out there to pick and choose from, each with pros and cons
AppleMiner · · #42198
some people come here to chat and mine other places entirely
AppleMiner · · #42199
some people will bounce in, claim they made 30$ on a friends pool for the day, lure 30 people and their miners over, come back a day later all complaining how they got scammed, or didnt get paid
solidnetmoney · · #42200
scam everywhere
solidnetmoney · · #42201
how does exodus make money
AppleMiner · · #42202
when you do a transfer from coin to coins
AppleMiner · · #42203
when you convert $1000 in bitcoins you get like $991 in litecoins
AppleMiner · · #42204
they take that extra 9 as a fee.
AppleMiner · · #42205
so its never a 1:1 swap from coin to coin
AppleMiner · · #42206
its like 1 : .995
AppleMiner · · #42207
they get that small percent on exchanging coins
solidnetmoney · · #42208
ah exchange, and you said their fees are not high
AppleMiner · · #42209
other day think i converted $7000 and costed me like 28 bucks
AppleMiner · · #42210
most exchanges are also wallets
AppleMiner · · #42211
since you have to be able to store the coins there to trade them
solidnetmoney · · #42212
ok, i will use them too
AppleMiner · · #42213
there is novaexchnage
AppleMiner · · #42214
cryptopia
AppleMiner · · #42215
poloniex
AppleMiner · · #42216
bluetrade
AppleMiner · · #42217
many others, just have to find the ones that have the coins you want to trade in and setup acocunts there
AppleMiner · · #42218
spread it around, store coins on all of them if you want
AppleMiner · · #42219
https://coinmarketcap.com/
AppleMiner · · #42220
use that, find a coin, and then find what exchanges are trading in it
solidnetmoney · · #42221
ok, i learned a lot from you today
AppleMiner · · #42222
then go setup an account on that exchange to put coins into and trade int he coin you want.
AppleMiner · · #42223
if you want ripple coins, type in ripple
AppleMiner · · #42224
find the markets that trade in ripple
AppleMiner · · #42225
setup an account on one, and send some btc to your wallet there
AppleMiner · · #42226
and trade them in for ripples
AppleMiner · · #42227
you just need 3 or 4 bookmarked links and you can find anything you need
solidnetmoney · · #42228
will do
AppleMiner · · #42229
now i need LTC to hit 100 overnight and then drop back down to 50.
AppleMiner · · #42230
so i can buy cheap L3+ from bitmain again
solidnetmoney · · #42231
it will not be profitable
solidnetmoney · · #42232
too many people are now mining with L3+
AppleMiner · · #42233
think not?
AppleMiner · · #42234
how much did you pay for yours?
solidnetmoney · · #42235
how many are you looking to buy?
solidnetmoney · · #42236
i paid $3250
AppleMiner · · #42237
well paying double the cost of them hurts
AppleMiner · · #42238
you can get a new one on bitmain for 2nd half of nov for 2K
AppleMiner · · #42239
id wait a month to save $1000
solidnetmoney · · #42240
yes
AppleMiner · · #42241
well maybe not
AppleMiner · · #42242
my miner makes 3K a month
AppleMiner · · #42243
so even at 3200 would be mostly paid off in 1 month
AppleMiner · · #42244
would rather get them for 20 LTC each though
AppleMiner · · #42245
just need LTC to hit 100 so i can buy 4 more
AppleMiner · · #42246
not gonna pay 36 coins for miners, but i would pay 20
solidnetmoney · · #42247
how is your L3+ make 3K a month?
AppleMiner · · #42248
how do they all not.
AppleMiner · · #42249
are you selling the coins as you get them?
AppleMiner · · #42250
and putting that right into your bank?
solidnetmoney · · #42251
no
AppleMiner · · #42252
ahhh so your gonna save them?
AppleMiner · · #42253
until they hit some price?
solidnetmoney · · #42254
I only have 3 days testing the antminer
AppleMiner · · #42255
have a price in mind?
AppleMiner · · #42256
how high before you sell the coins you make?
solidnetmoney · · #42257
until I found you all here to chat and get some strategies
AppleMiner · · #42258
for now, at least, I am getting close to .33 ltc per day.
AppleMiner · · #42259
everyone with a L3+ proably is.
solidnetmoney · · #42260
so far i only have 186.84064866 dogecoin
AppleMiner · · #42261
so thats 1 coin every 3rd day, or 10 coins a month.
AppleMiner · · #42262
sell the coins at $100, thats 1000 for the month
AppleMiner · · #42263
100 / 3 = 33.33 per day.
AppleMiner · · #42264
BUT, if you wait to sell your LTC until they hit $300, like in a year from now....thats 3K a month
has started a new topic: PH admin's need to do something to make less share stale and less rejected hashrate in this present.
AppleMiner · · #42266
every month you mined from now unitl they hit $300
AppleMiner · · #42267
in 2 months maybe we are making .25 or .20 coins and its only 7 or 8 coins a month instead of 10
AppleMiner · · #42268
it will depreciate over time.
solidnetmoney · · #42269
what do you mean? sell tjhose coins at @100? that’s $1000 for the month
solidnetmoney · · #42270
AppleMiner · · #42271
every 3 days you make 1 litecoin.
AppleMiner · · #42272
if you sell that today now, for $60, then thats $60 for 3 days of work = $20 a day.
AppleMiner · · #42273
if you wait and sell that ltc for $100, thats 100/3 = 33.33 a day
AppleMiner · · #42274
if you wait til it hits 300, thats 300/3 = 100 a day
AppleMiner · · #42275
30 days in a month at $100 a day = $3000 a month
AppleMiner · · #42276
you cant assign a value to the coins you are mining until you go to sell them
AppleMiner · · #42277
that 60$ coin is crap, its that you got .33 of a coin today that matters.
AppleMiner · · #42278
that LTC shoots up to $3000 before you sell it.
AppleMiner · · #42279
3000 / 3 = 1000 a day
AppleMiner · · #42280
its all in how long can you hold out before you sell.
AppleMiner · · #42281
truyst me the guys who sold all their 1000 btc when it was at 2000 loved the profit they made
AppleMiner · · #42282
and are kicking their own asses for not waiting til it hit 5500
solidnetmoney · · #42283
yes. do you suggest i sell dogecoins or hold them
AppleMiner · · #42284
i dont tell anyone what to do with their coins
AppleMiner · · #42285
thatws all on you
AppleMiner · · #42286
your investment strategies are all on you
AppleMiner · · #42287
im just here to get people started on the pool and get them sorted mining
AppleMiner · · #42288
where they mine or what they do form there is all on them.