E46 BMW Social Directory E46 FAQ 3-Series Discussion Forums BMW Photo Gallery BMW 3-Series Technical Information E46 Fanatics - The Ultimate BMW Resource BMW Vendors General E46 Forum The Tire Rack's Tire Wheel Forum Forced Induction Forum The Off-Topic The E46 BMW Showroom For Sale, For Trade or Wanting to Buy

Welcome to the E46Fanatics forums. E46Fanatics is the premiere website for BMW 3 series owners around the world with interactive forums, a geographical enthusiast directory, photo galleries, and technical information for BMW enthusiasts.

You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact contact us.

Go Back   E46Fanatics > Everything Else > The Off-Topic > General Off-Topic

General Off-Topic
Everything not about BMWs. Posts must be "primetime" safe and in good taste. You must be logged in to see sub-forums.
Click here to browse all new posts.

Reply
 
Thread Tools Search this Thread Rate Thread Display Modes
Old 01-19-2014, 04:45 PM   #81
Vinnie Vega
Registered User
 
Join Date: Feb 2007
Location: Cary, NC
Posts: 531
My Ride: 0032870Vette70Velle
Now I know this crypto **** is bullshit. I'm still making money so I'm not complaining.
Vinnie Vega is offline   Reply With Quote
Old 01-19-2014, 04:49 PM   #82
cowmoo32
drunken science
 
cowmoo32's Avatar
 
Join Date: Jul 2003
Location: Raleigh, NC
Posts: 5,532
My Ride: Trek 1.5
Bitcoin is here to stay, there's no denying that. If Doge can find its niche it'll be around for more casual transactions.
__________________

flickher

What's this about a brownie in motion?
cowmoo32 is offline   Reply With Quote
Old 01-19-2014, 04:51 PM   #83
jeffro3000
Registered User
 
Join Date: Feb 2008
Location: Huntsville, AL
Posts: 2,812
My Ride: 2000 328i
Yea i talked to my dad yesterday and he's heard of it too. I was surprised. He mainly watches tech podcasts on his Roku or listens to them on an ipod. Revision3, TwiT, etc.
jeffro3000 is offline   Reply With Quote
Old 01-19-2014, 09:15 PM   #84
Drex
Registered User
 
Join Date: Oct 2003
Location: Earth
Posts: 190
My Ride: Cosmic Waves
Quote:
Originally Posted by cowmoo32 View Post
I'm beginning to think this could actually go somewhere now. I was talking with my cousin earlier and mentioned I started mining a few weeks ago. He asked if I was mining Bitcoin and I said no, but similar, the two big ones are bitcoin and litecoin, I'm mining a smaller one. He says "Well there's a third, right? It starts with a D", and he knows absolutely nothing about the crypto market. All he reads are financial and investment sites so the fact that he not only has heard of it, but has read about it enough that it came to mind tells me that Doge is getting a lot of exposure. I'm really interested to see what happens in the next month after the block reward is halved and things stabilize a bit.
I work with guys that day trade on wall street and I know some have joked about Doge, but the fact is that they know about it, and some of the guys are already actively trading bitcoins.

The internet was a communications revolution spanning the globe. Perhaps these currencies may end up being their own kind of revolution.
Drex is offline   Reply With Quote
Old 01-19-2014, 09:22 PM   #85
cowmoo32
drunken science
 
cowmoo32's Avatar
 
Join Date: Jul 2003
Location: Raleigh, NC
Posts: 5,532
My Ride: Trek 1.5
Quote:
Originally Posted by Drex View Post
I work with guys that day trade on wall street and I know some have joked about Doge, but the fact is that they know about it, and some of the guys are already actively trading bitcoins.

The internet was a communications revolution spanning the globe. Perhaps these currencies may end up being their own kind of revolution.
Without a doubt. Decentralized currency is a very big thing, there's no denying it. And Doge has promise because of the super low transaction fees and ultra-quick transaction time.
__________________

flickher

What's this about a brownie in motion?
cowmoo32 is offline   Reply With Quote
Old 01-20-2014, 03:10 AM   #86
Stankia
Registered User
 
Join Date: Mar 2012
Location: Chicago
Posts: 55
My Ride: 4.2FSI S-Line
Yeah I'm thinking about starting to accept bitcoin at my restaurant soon. Credit card fees are a b!tch.
__________________
DOGE Crew
Stankia is offline   Reply With Quote
Old 01-20-2014, 08:39 AM   #87
cowmoo32
drunken science
 
cowmoo32's Avatar
 
Join Date: Jul 2003
Location: Raleigh, NC
Posts: 5,532
My Ride: Trek 1.5
http://dogesled.dogecointousd.com/
http://www.buzzfeed.com/tomphillips/...ecoins-to-send

This is going to be HUGE; Doge is about to be a household name.
__________________

flickher

What's this about a brownie in motion?

Last edited by cowmoo32; 01-20-2014 at 08:41 AM.
cowmoo32 is offline   Reply With Quote
Old 01-20-2014, 12:19 PM   #88
jeffro3000
Registered User
 
Join Date: Feb 2008
Location: Huntsville, AL
Posts: 2,812
My Ride: 2000 328i
Quote:
Originally Posted by cowmoo32 View Post
http://dogesled.dogecointousd.com/
http://www.buzzfeed.com/tomphillips/...ecoins-to-send

This is going to be HUGE; Doge is about to be a household name.
It's tempting me to mine doge and hold it to see if the value continues to go up. It's almost double what it was a couple days ago lol. Maybe that's what i'll do when I get my AMD card.
jeffro3000 is offline   Reply With Quote
Old 01-20-2014, 04:16 PM   #89
Stankia
Registered User
 
Join Date: Mar 2012
Location: Chicago
Posts: 55
My Ride: 4.2FSI S-Line
__________________
DOGE Crew
Stankia is offline   Reply With Quote
Old 01-20-2014, 04:24 PM   #90
simsima325
'a certain moderator'
 
simsima325's Avatar
 
Join Date: Feb 2001
Location: Hyattsville, MD
Posts: 37,787
My Ride: Honda Civic
so mining is a lot like cookie clicker and dr. meth, right?
__________________
-Brendan
simsima325 is offline   Reply With Quote
Old 01-20-2014, 04:38 PM   #91
SamDoe1
Registered User
 
Join Date: Oct 2010
Location: Minnesnowta
Posts: 3,491
My Ride: Clubs baby seals
Quote:
Originally Posted by cowmoo32 View Post
http://dogesled.dogecointousd.com/
http://www.buzzfeed.com/tomphillips/...ecoins-to-send

This is going to be HUGE; Doge is about to be a household name.
So should I be buying up a sh!t load of dogecoin right now?

I don't have a card to mine nor do I want to really have the expense of the card or the energy to mine and it seems fairly cost effective to do this...
SamDoe1 is offline   Reply With Quote
Old 01-20-2014, 07:54 PM   #92
cowmoo32
drunken science
 
cowmoo32's Avatar
 
Join Date: Jul 2003
Location: Raleigh, NC
Posts: 5,532
My Ride: Trek 1.5
Quote:
Originally Posted by SamDoe1 View Post
So should I be buying up a sh!t load of dogecoin right now?

I don't have a card to mine nor do I want to really have the expense of the card or the energy to mine and it seems fairly cost effective to do this...
If you do, for the love of god buy and hold. If the majority of people hold onto the the coin for at least the next month (long story short, no more mining for a quick buck after the 14th) then the value will stabilize. I'm worried that it's growing too fast, but it also got a TON of exposure today so the increase in value is reflecting that. More people are buying in and more are mining, so the value has gone up. As long as we don't see massive selloffs we'll be good and it could actually have some sustained value.
__________________

flickher

What's this about a brownie in motion?
cowmoo32 is offline   Reply With Quote
Old 01-20-2014, 08:42 PM   #93
Vinnie Vega
Registered User
 
Join Date: Feb 2007
Location: Cary, NC
Posts: 531
My Ride: 0032870Vette70Velle
Quote:
Originally Posted by cowmoo32 View Post
If you do, for the love of god buy and hold. If the majority of people hold onto the the coin for at least the next month (long story short, no more mining for a quick buck after the 14th) then the value will stabilize. I'm worried that it's growing too fast, but it also got a TON of exposure today so the increase in value is reflecting that. More people are buying in and more are mining, so the value has gone up. As long as we don't see massive selloffs we'll be good and it could actually have some sustained value.
I'm gonna be mining as of tonight. Do you think it will still be worth mining doge past the 14th or go to something else?
Vinnie Vega is offline   Reply With Quote
Old 01-20-2014, 09:00 PM   #94
jeffro3000
Registered User
 
Join Date: Feb 2008
Location: Huntsville, AL
Posts: 2,812
My Ride: 2000 328i
Is the 14th when the block reward is halved?

I think it just doubled again

Last edited by jeffro3000; 01-20-2014 at 09:30 PM.
jeffro3000 is offline   Reply With Quote
Old 01-21-2014, 08:26 AM   #95
cowmoo32
drunken science
 
cowmoo32's Avatar
 
Join Date: Jul 2003
Location: Raleigh, NC
Posts: 5,532
My Ride: Trek 1.5
Quote:
Originally Posted by jeffro3000 View Post
Is the 14th when the block reward is halved?

I think it just doubled again
Yeah, and it will keep people from pumping and dumping because it won't be worth their time.
Quote:
Originally Posted by Vinnie Vega View Post
I'm gonna be mining as of tonight. Do you think it will still be worth mining doge past the 14th or go to something else?
Only if you're in it for the long haul. If you want to get in to make a quick buck then you'll be wasting your time.

This explains the bubble we saw last night. China got their greedy little hands in the exchanges.
__________________

flickher

What's this about a brownie in motion?
cowmoo32 is offline   Reply With Quote
Old 01-21-2014, 10:19 AM   #96
SamDoe1
Registered User
 
Join Date: Oct 2010
Location: Minnesnowta
Posts: 3,491
My Ride: Clubs baby seals
Quote:
Originally Posted by cowmoo32 View Post
If you do, for the love of god buy and hold. If the majority of people hold onto the the coin for at least the next month (long story short, no more mining for a quick buck after the 14th) then the value will stabilize. I'm worried that it's growing too fast, but it also got a TON of exposure today so the increase in value is reflecting that. More people are buying in and more are mining, so the value has gone up. As long as we don't see massive selloffs we'll be good and it could actually have some sustained value.
So being new to this whole bitcoin/dogecoin/whatevercoin ordeal, where does one go to buy dogecoins? I figure I'll put in $20 and see what happens. That should be enough for several thousand dogecoins and if the value ends up going even half as high as bitcoin, I'll be happy.

Also, how long does it take to mine for these things? My computer isn't particularly powerful, would it even be worth my time to set up for it?
SamDoe1 is offline   Reply With Quote
Old 01-21-2014, 10:37 AM   #97
jeffro3000
Registered User
 
Join Date: Feb 2008
Location: Huntsville, AL
Posts: 2,812
My Ride: 2000 328i
Quote:
Originally Posted by SamDoe1 View Post
So being new to this whole bitcoin/dogecoin/whatevercoin ordeal, where does one go to buy dogecoins? I figure I'll put in $20 and see what happens. That should be enough for several thousand dogecoins and if the value ends up going even half as high as bitcoin, I'll be happy.

Also, how long does it take to mine for these things? My computer isn't particularly powerful, would it even be worth my time to set up for it?
What video card do you have?

This will give you a ballpark estimate:
https://litecoin.info/Mining_hardware_comparison

You could get $20 worth in 1 day right now with about 900 or 1000kh/s I think

Sent from BimmerApp mobile app

Last edited by jeffro3000; 01-21-2014 at 10:40 AM.
jeffro3000 is offline   Reply With Quote
Old 01-21-2014, 10:38 AM   #98
GasKing
Registered User
 
Join Date: Oct 2012
Location: Long Island.
Posts: 603
My Ride: 14 Jeep Wrangler
If I knew this thing was actually gona take off I would of made an serious thread title lol


Sent from BimmerApp mobile app
__________________
Exitus acta probat
GasKing is offline   Reply With Quote
Old 01-21-2014, 10:56 AM   #99
cowmoo32
drunken science
 
cowmoo32's Avatar
 
Join Date: Jul 2003
Location: Raleigh, NC
Posts: 5,532
My Ride: Trek 1.5
Quote:
Originally Posted by SamDoe1 View Post
So being new to this whole bitcoin/dogecoin/whatevercoin ordeal, where does one go to buy dogecoins? I figure I'll put in $20 and see what happens. That should be enough for several thousand dogecoins and if the value ends up going even half as high as bitcoin, I'll be happy.

Also, how long does it take to mine for these things? My computer isn't particularly powerful, would it even be worth my time to set up for it?
You'll have to buy BTC and exchange them for DOGE. Unfortunately there still isn't a DOGE/USD exhcange.
https://www.cryptsy.com/markets/view/132

And mining is a function of your GPU, CPU mining is pointless. You could probably use one of your work machines and get a decent hash rate though... You can look up the hash rates of various cards and www.coinwarz.com will tell you how many you can mine in a day with a given hash rate. I'm on an R9 280x averaging 750kh/s (for perspective, my i5 OC'd to 4.5Ghz gets ~70kh/s) and I'm getting ~8k/day now. Before it got popular I was mining 20k+/day.

Quote:
Originally Posted by GasKing View Post
If I knew this thing was actually gona take off I would of made an serious thread title lol


Sent from BimmerApp mobile app
I'm glad you made it when you did. I would have never started mining otherwise.
__________________

flickher

What's this about a brownie in motion?

Last edited by cowmoo32; 01-21-2014 at 10:58 AM.
cowmoo32 is offline   Reply With Quote
Old 01-21-2014, 10:56 AM   #100
SamDoe1
Registered User
 
Join Date: Oct 2010
Location: Minnesnowta
Posts: 3,491
My Ride: Clubs baby seals
Quote:
Originally Posted by jeffro3000 View Post
What video card do you have?

This will give you a ballpark estimate:
https://litecoin.info/Mining_hardware_comparison

You could get $20 worth in 1 day right now with about 900 or 1000kh/s I think

Sent from BimmerApp mobile app
I have no video card right now haha and not really looking to invest too heavily in this by buying one. All I have is a Core i5 cpu with integrated graphics. Hence why I just want to buy up $20 worth of stuff now and see if it blows up. I understand that I could make much more money off of mining or investing more, but I could lose a hell of a lot more off of it.
SamDoe1 is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Censor is ON





All times are GMT -5. The time now is 12:04 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
(c) 1999 - 2011 performanceIX Inc - privacy policy - terms of use