Chat archive · 2017-11
Maxiimos · Tue Nov 07, 2017 09:20 PM UTC
I already have a pretty big stake in LTC, so I’m dumping some funds in OMG and DCR before the fork
Forum notification · Tue Nov 07, 2017 09:43 PM UTC
Eyedol-X · Tue Nov 07, 2017 11:24 PM UTC
wasn’t there supposed to be an announcement today? Did I miss it?
AppleMiner · Tue Nov 07, 2017 11:37 PM UTC
steves on, maybe its news time
Paul_sq · Tue Nov 07, 2017 11:46 PM UTC
Hey apple,what do you use to swap bitcoin for litecoin after forks usually,I mean what platform please?
AppleMiner · Tue Nov 07, 2017 11:47 PM UTC
I can sell the BTC on their exchange at the value into USD
AppleMiner · Tue Nov 07, 2017 11:47 PM UTC
and then use the USD to get LTC, its all internal within their master account as long as they have enough on the system
AppleMiner · Tue Nov 07, 2017 11:47 PM UTC
other places have to send out back and forth to confirm it
Paul_sq · Tue Nov 07, 2017 11:48 PM UTC
yer.I was just going to exchange within the exodus wallet but it uses shapeshift and it is very slow
Paul_sq · Tue Nov 07, 2017 11:49 PM UTC
I know,I’m looking for an instant exchange
tp31989 · Wed Nov 08, 2017 12:30 AM UTC
Anyone looking to buy Antminer d3s brand new message me for cheap
pavvappav · Wed Nov 08, 2017 12:43 AM UTC
Seems to be alot of people recently trying to get rid of those.
Forum notification · Wed Nov 08, 2017 12:45 AM UTC
has started a new topic:
No announcement today ZiGen · Wed Nov 08, 2017 02:16 AM UTC
Apple, did I tell you testerday ..."EVENTUALLY" ?
Minermoe · Wed Nov 08, 2017 02:33 AM UTC
uggggh. lol dont say you are going to make an announcement today, all this anticipation, then tell us sorry, not till the next day. Come on just tell us now.
Minermoe · Wed Nov 08, 2017 02:34 AM UTC
@Appleminer, yesterday i seen 74.11 scrypt for like 2.2 seconds lol
Minermoe · Wed Nov 08, 2017 02:37 AM UTC
Do you guys think if i sell one L3+ for $3k USD or $3800.00 CAD is a good deal?
ZiGen · Wed Nov 08, 2017 02:41 AM UTC
Minermoe, @ $3k is a super DEAL ... after that go to Bitmain and buy back at half of it ...currently @ $1586 Dec 11-21 shipping ...
ZiGen · Wed Nov 08, 2017 02:47 AM UTC
Apple, just curious why are you converting BTC to $$$ ...and after that with these $$$ are buying LTC ? ... GDAX is trading direct BTCLTC pair also, I am using this pair to go streight BTC to LTC ...
Minermoe · Wed Nov 08, 2017 02:48 AM UTC
@Zigen $3kUSD makes me $238.00 profit. Unfortunately Canada Gov likes their taxes
. I was debating if i should wait but i think with all the new L3+ and L21’s coming on the market in the next 1-4 weeks, i should. Thanks for the advice
crika1 · Wed Nov 08, 2017 02:48 AM UTC
hi guys, what time are payments made out usually on this platform?
Minermoe · Wed Nov 08, 2017 02:49 AM UTC
I usually get my payment betweek 6AM to 7:30AM EST
Minermoe · Wed Nov 08, 2017 02:49 AM UTC
but everyone will be different....
crika1 · Wed Nov 08, 2017 02:50 AM UTC
ok so that would be from 9 am to 11pm my time in Australia hehehe
ZiGen · Wed Nov 08, 2017 02:51 AM UTC
Same thing here 6-7-8 AM ...Before the morning coffee I got paid ...
ZiGen · Wed Nov 08, 2017 02:54 AM UTC
USA EST ...IDK about you in Australia ...but know that China is 13 hours ahead at the moment ...so you could figure out for yourself ...
crika1 · Wed Nov 08, 2017 03:04 AM UTC
yeah i figured it out lol between 8pm and 11 pm it is then heheh
ZiGen · Wed Nov 08, 2017 03:17 AM UTC
Then you can go to a bar ...and wait for your miner(s) to pay for you drinks ...right ? ...
CryptoDamon · Wed Nov 08, 2017 03:37 AM UTC
Does anyone know if the Innosilicon A4+ is any good? Supposedly 620MH/s @750W
ZiGen · Wed Nov 08, 2017 03:45 AM UTC
Should be ...but for $3200 you can by 2 L3+
Forum notification · Wed Nov 08, 2017 03:53 AM UTC
Smartmanjp · Wed Nov 08, 2017 04:14 AM UTC
im new iin here any help how to setup my Rigs in here to start buy Drinks for all
pavvappav · Wed Nov 08, 2017 04:34 AM UTC
@Minermoe - Yes, esp since L3+ are available on bitmain at about 1.5k now.
ZiGen · Wed Nov 08, 2017 04:35 AM UTC
Apple, did you read my GDAX question /
Minermoe · Wed Nov 08, 2017 04:48 AM UTC
Question about the power password argument- I have Four (4) L3+ 800watts each. Each miner I worte “p=0.07 w=800” each miner. Would that mean the interface calculates my cost at 3200watts total? Or do I need to write “p=0.07 w=3200” in all four?
Forum notification · Wed Nov 08, 2017 04:59 AM UTC
AppleMiner · Wed Nov 08, 2017 05:13 AM UTC
Zigen yes I did. Problem is, GDAX has LTC -> BTC but not the other way around.
AppleMiner · Wed Nov 08, 2017 05:15 AM UTC
so to go back from BTC have to go USD then LTCs
AppleMiner · Wed Nov 08, 2017 05:15 AM UTC
converting over would be fine to go that way, but i set my own buy and sell prices on limits so I know what im getting and paying for the transactions.
ZiGen · Wed Nov 08, 2017 05:20 AM UTC
Apple ...apple ...
- this is why there are 2 buttons: "BUY" and "SELL" ...if you BUY LTC you are using yours BTC as a funding currency... SELL is the opposite - selling LTC for BTC ...
ZiGen · Wed Nov 08, 2017 05:21 AM UTC
I toufgt that you a using some unknown to me trick ...or someting to get a better rate ...
AppleMiner · Wed Nov 08, 2017 05:21 AM UTC
i just like to set the buy and sell limits so i can see what im getting it at
AppleMiner · Wed Nov 08, 2017 05:21 AM UTC
but yeah to convert in just 1 step that would be the way
ZiGen · Wed Nov 08, 2017 05:22 AM UTC
OK , make sence ...keep the track of your averages
AppleMiner · Wed Nov 08, 2017 05:22 AM UTC
to do the ratio btc to ltc id have to know both prices at the time of the sale
AppleMiner · Wed Nov 08, 2017 05:22 AM UTC
im not sure if that is recorded on that gdax transaction
AppleMiner · Wed Nov 08, 2017 05:23 AM UTC
the price of each in a coin to coin ratio trade
ZiGen · Wed Nov 08, 2017 05:23 AM UTC
it is, but you have to dig it later...
AppleMiner · Wed Nov 08, 2017 05:24 AM UTC
long as it shows up under orders filled with both numbers id go that route for just 1 trade instead of 2
AppleMiner · Wed Nov 08, 2017 05:24 AM UTC
but if its easier for me to do accounting later, ill save myself the headacvhe later and just do 2 transactions now so i have the figures to track
ZiGen · Wed Nov 08, 2017 05:25 AM UTC
Hey, I am NOT telling you which way to do it...just have been wandering if you have some advantage pricewise this way ...
pavvappav · Wed Nov 08, 2017 05:26 AM UTC
Limits are also cheaper, as the taker pays the tx fee.
AppleMiner · Wed Nov 08, 2017 05:27 AM UTC
if you set a limit its always free
AppleMiner · Wed Nov 08, 2017 05:27 AM UTC
yeah tbh i didnt think i could
pavvappav · Wed Nov 08, 2017 05:27 AM UTC
Though the fee isn’t much (0.3%), it adds up.
ZiGen · Wed Nov 08, 2017 05:27 AM UTC
I am also using limits, but they are working the same way with ratios ...
AppleMiner · Wed Nov 08, 2017 05:27 AM UTC
i knew there was lct to btc but since i didnt see it the other way
AppleMiner · Wed Nov 08, 2017 05:27 AM UTC
never even thought i could do a buy sell on them to transfer back the other way but it does make sense
AppleMiner · Wed Nov 08, 2017 05:28 AM UTC
just liked seeing the numbers
ZiGen · Wed Nov 08, 2017 05:29 AM UTC
Not a problem Apple, it is always good to learn something new...right ?
AppleMiner · Wed Nov 08, 2017 05:29 AM UTC
i think i moved 26K around in coins, and i was charged like 48 bucks?
AppleMiner · Wed Nov 08, 2017 05:29 AM UTC
yes it is, thank you that gives me another way to explore and i will likely use it
AppleMiner · Wed Nov 08, 2017 05:30 AM UTC
or that was the last time, it was like 12-16K and was 48 bucks fees
AppleMiner · Wed Nov 08, 2017 05:30 AM UTC
expenses, writeoffs, who cares
ZiGen · Wed Nov 08, 2017 05:30 AM UTC
I have been a Forex day trader since DotCom crash 2000-1 ..same thing Sell $$ for Euros or Pounds ...here is the same
AppleMiner · Wed Nov 08, 2017 05:32 AM UTC
i would expect the market fluxes here are wildly more entertaining for you
AppleMiner · Wed Nov 08, 2017 05:32 AM UTC
got excited before over a 3% increase, now its like...wow jumped 17% overnight
ZiGen · Wed Nov 08, 2017 05:33 AM UTC
BUT be carefull ...in the ratio you have two(2) variables: BTC price AND LTC price...so the ratio CAN move in different direction than the 2 prices ...
AppleMiner · Wed Nov 08, 2017 05:33 AM UTC
yeah and see thats what i didnt want to do was track and ride both variables
ZiGen · Wed Nov 08, 2017 05:35 AM UTC
Cryptos are definetely more exiting ...volatility is amazing ...many times I have be repeating ..."Unbelievable...this is crazy etc ..."
AppleMiner · Wed Nov 08, 2017 05:35 AM UTC
to me this is like the wild west, a new frontier
AppleMiner · Wed Nov 08, 2017 05:35 AM UTC
im sure the early days of NY stock market were just like this, hundreds of $ lost and gained each day on the floor
AppleMiner · Wed Nov 08, 2017 05:36 AM UTC
old man rockerfeller looking down on the masses
ZiGen · Wed Nov 08, 2017 05:38 AM UTC
They are 2 variables, BUT somethimes you CAN make better trades/profits on the ratio ...like buying LTC @ 0.0075 2-3 days ago with BTC ...and SELLING after the fork on Nov 15\
AppleMiner · Wed Nov 08, 2017 05:39 AM UTC
yeah i bought my BTC too high, should have waited could have saved $1000
AppleMiner · Wed Nov 08, 2017 05:39 AM UTC
but i got locked in and im set for the 14-16
ZiGen · Wed Nov 08, 2017 05:40 AM UTC
for the split ..."FREE" money, aha ?
AppleMiner · Wed Nov 08, 2017 05:40 AM UTC
yeah then i want to dump soon as it happens back to lcts
ZiGen · Wed Nov 08, 2017 05:41 AM UTC
I am mining and getting everything paid in BTC
ZiGen · Wed Nov 08, 2017 05:44 AM UTC
Apple, don’t forget to send your BTC or at least a portion you want to trade - to Coinbase/GDAX so you WILL have your coin(s) ready as soon as they are available ...the BTC chain(s) will slow down to the point of no transaction movement for days..OK ?
AppleMiner · Wed Nov 08, 2017 05:44 AM UTC
ill do 1 more payout to that wallet on gdax a day or 2 before
AppleMiner · Wed Nov 08, 2017 05:44 AM UTC
to get the rest before the network slowdown
ZiGen · Wed Nov 08, 2017 05:45 AM UTC
Coinbase / GDAX are fully crediting B1X and B2X
AppleMiner · Wed Nov 08, 2017 05:45 AM UTC
more like 2 days before most will shut down close to and 24 hours after
. I was debating if i should wait but i think with all the new L3+ and L21’s coming on the market in the next 1-4 weeks, i should. Thanks for the advice