Verge partnering with Pornhub and Brazzers- time to invest?

Hey there! I haven’t wrote in a while since the cryptocurrency market was dead, and talking over and over again how we should have patience and not panic didn’t make much sense.

And the market came back! Pretty much everything is green for days, and the global market cap has grown to ~400 million again. I’m mining non stop, and the only real difference is that I’m looking at the stats and earnings less often, taking payments around once a month and investing into various coins.

Today, I want to point out to you one big step for the crypto world, which could also be taken as an investment tip:

The Verge coin has partnered with PornHub and Brazzers

If you ever watched porn online, chances are you already know about PornHub and Brazzers. And even though I’m not a fan of either, their position in the online adult entertainment is rock solid. Well, on April 17, 2018, the Verge has partnered with both of them.

I’ve already talked about Verge earlier, so if you missed it back then, you should act now.

Considering the PornHub and Brazzers mainstream involvement, this is a strong indicator that both Verge and CryptoCurrencies are here to stay. And the effect is not really showing yet, at least not for the Verge itself:

https://coinmarketcap.com/currencies/verge/

The current price is around 0.07$, and it even dropped since the breaking news was announced(on April 17 it was around 0.09$). This itself opens a space for panic and doubt as you can read here:

but what was written above does not make much of a sense. The current Verge market cap is only around 1 billion, meaning a singe rich man can strongly influence it’s price, and all he needs is a billion dollars(or much less).

As always, be smart and do your own research, but acting now on Verge might yield you some serious gains in the not so far future.

Further readings for interested fellas:

http://www.dailymail.co.uk/sciencetech/article-5638575/Cryptocurrencies-price-lift-Pornhub-starts-accepting-Verge-payment.html

https://ambcrypto.com/pornhub-recieves-thousands-of-payment-through-verge-xvg/

https://www.business24-7.ae/pornhub-partnership-with-verge

The ZClassic Price Drop From $235 to $10 in Two Months – Time To Invest?

I remember back in December when ZClassic came out of nowhere(at least to me), and raised from $9 on December 26 to $235 on January 7. And it felt bad, because I wasn’t among guys that made ~2400% profit over the course of 10 days.

But the cryptocurrency market doesn’t love stable prices, and two months later the ZClassic price is around $10 again.

What is ZClassic?

ZClassic is a fork of ZCash, with some improvements. The only difference is that all mining earnings go to miners(ZCash has a 20% fee for the first 4 years), and there is no slow start as in ZCash. Since everything else is basically the same, the ZClassic falls under great privacy coins that use Zero-knowledge proving scheme, considered to be the most anonymous solution these days.

It first appeared on exchanges on Nov 10, 2016, with a closing price of $5.23. In less than a month it sank to less than a dollar, and it remained navigating from less than a dollar to $7 over the next 13 months. It wasn’t until December 26, 2017 that ZClassic reached momentum and started climbing to great heights(and profits).

After the massive gain with price at $235 on January 7, 2018 it slowly sank until hitting hard on February 6($61), to then raise again and reach ~$160 in mid February. Since then, it’s pretty much falling, most notably motivated by a new fork in Bitcoin and ZClassic- Bitcoin Private(BTCP).

Why Did ZClassic Price Drop So Much?

I did some research, and there are two main theories behind it:

#1- It was a classic pump and dump. Many people believe that ZClassic price was pumped purposefully, getting rich guys richer and poor guys poorer. When a price goes up 2400% in two weeks and then drops back 2400% in two months, it’s hard to blame them for such thinking. After all, they could be right, and the chances aren’t thin at all.

#2- People are selling due to Bitcoin Private(BTCP) fork. I see it as a yes and no. Yes for people selling due to BTCP fork coming out. No for BTCP having a long term effect on ZClassic. And I hope for both of my assumptions to show themselves as true. Some people believe that BTCP is going to kill ZClassic, but I simply don’t see why that would be the case. ZClassic didn’t kill ZCash for sure, same with Ethereum Classic, Bitcoin Cash, Litecoin etc.

If this ZClassic drop happened without BTCP showing up, it would be clearly a pump and dump. But with BTCP coming out and no other “major issues”, there is a fair chance that people are panicking over BTCP, and I think a reasonable bet on this can make us some profit.

Even if I’m wrong and it was a pump and dump, I do expect the ZClassic price to go up to some point again. If not for another reason then for another pump. And buying something that costs $10 and was worth $240 isn’t something I can resist that easy, in reasonable amount of course.

MSI GeForce GTX 1060 AERO ITX 6G OC – Switching to NVIDIA

For quite a while I couldn’t find any inspiration for writing, until today. This morning, I’ve received a shipment from the opposite part of the country, containing the 3 brand new NVIDIA GTX 1060 graphic cards with 3 years of warranty!

Why did I switch my mining operation to NVIDIA?

I’m a NiceHash enthusiast, and the first thing I learned is that if you want to mine with AMD- you have to use NiceHash Legacy Miner, which I did for 4 months. And it’s not that bad, however, it’s not great either- not all benchmarks are working properly, small bugs are popping out from here and there, and it’s just not as pretty as the NVIDIA NiceHash Miner.

But that’s not all. The AMD graphics price has skyrocketed for certain models! In November, I was able to buy 2 RX 470 for $600 and one RX 270 for a $100. Now, I can’t find an RX470 for less than $380(used!). On the other hand, I found brand new NVIDIA GTX 1060 with 3 years of warranty for $420 per piece.

The math was simple:

Sell all 3 used(with relatively small warranty timeframe) AMD cards, add some money and switch to brand new NVIDIA cards. Since I had some spare money from freelancing, I’ve decided not to take any of my cryptocurrency earnings(investments).

First I sold the 3 x AMD cards for $800, then I added $400 and bought 3 x NVIDIA cards for $1200. The additional money investment was just about right, since the 3 x NVIDIA cards are consuming less power(max 120W each), yielding about 30% more and are brand new with 3 years warranty! But enough of my “investing magic”, you probably only care about mining performance of this cards.

MSI GeForce GTX 1060 AERO ITX 6G OC mining performance

The benchmarks were slow, and took more than 2 hours in precise mode. I didn’t bother reinstalling Windows, just deleted the AMD drivers and added NVIDIA ones. Without any overclocking, here are the first results:

Cryptocurrency Mining Earnings and Cryptocurrency Market Prices

Hey there, Happy New Year! I was waiting for some new hardware before writing an article, but it turns out I’m still waiting on my credit card by Payza, which I plan to use when converting Bitcoin to USD.

While waiting on the card and the hardware to buy with mining earnings, I’m trying to learn at least a bit per day on cryptocurrencies. Right now, I’m reading a kindle version of “Mastering Bitcoin” by Andreas M. Antonopoulos. which still haven’t made me bored, although it is fairly technical.

I also watch lots of interesting videos, both by industry leaders and suspicious speculators, as well read news from few crypto portals that I’m subscribed to.

And over the last few days, I could not fail to notice an increased dose of pessimism floating around the cryptocurrencies space. There’s been news on the Ethereum bug in fees, Microsoft banning the Bitcoin payments, the TRON token accused of speculation, the XRP going mad in few days then falling down twice as fast, the investors losing the money because CoinMarketCap excluded 3 South Korean exchanges without notice …

And that’s just some of the “bad news” I remember from last week and really mostly today news. On top of that, prices are mostly falling for the last 3 days. The shit storm is just about to start- one may think. But wait, is that really the case!?

While there have been some bad news, there have also been quite a few good ones. For example- market cap rising around $100 billions over the last week or so. Yeah yeah yeah, it did drop from $800 billions to $700 billions over the period of 24 hours, but it first climbed $200 billions(from $600 billions)!

And I’m seeing this in reality as well- earlier today, I went to buy tickets for Saturday night, since Oliver Huntemann will be playing in my city and no one sane would miss that. Coincidentally, the shop that sells tickets for the event- WinWin- is probably second largest IT equipment store chain in Serbia, with tens of stores all over the country. I’m waiting on my tickets, two guys come in and the story goes like this:

2 Guys- Hi there, we’re looking for some AMD cards.

Me(to myself)- Haha, I’m wondering if these guys are miners.

WinWin Stuff- Haha. Only Vega cards.

2 Guys- Wtf.

Me(to myself)- Man, the cryptocurrency market and mining earnings are doing really well actually.

WinWin Stuff- Will have them by the end of January.

WinWin Stuff- I mean Vega cards. Don’t expect other AMD cards before March.

2 Guys- :O

Me- 😀 😀 😀

Cryptocurrency news are mostly bullshit, as any other news

Imagine the investing based on the news only. It’s a nice thought, but certainly not a smart one. The news have a simple purpose- to get noticed. The headlines are catchy, the content full of noise. The truth is somewhere in between, but unreliable unless confirmed from other sources.

News From CoinDesk Daily

received at 3:39pm


News From Cointelegraph

received at 4:13pm


And even if the news were reliable, it is true that the cryptocurrency market is very volatile, so the news would have to be volatile as well. It’s a crazy market, but a growing one. And crying for the Bitcoin drop from $20k to $14k won’t change that. At least not after the Bitcoin rise from $1k to $20k over a period of less than a year.

my small crypto investing portfolio(from affiliate earnings, not including mining earnings), old 2-3 weeks top!

Cryptocurrency Mining Earnings- How it’s going?

After two months of learning and preparing, I’ve built my very first rig, planning to get ROI after 5-6 months. Right now, I’m looking at ROI getting close to 4 months. And I’ve had quite a lot of problems with internet connection and Win10 updates fucking up my system, which I hopefully fixed after getting back from NY holidays.

In one of my first writings on the best gpus for cryptomining, written at the end of November and before NiceHash got hacked, AMD RX 470 was making an average of $1.85/day. Right now, it’s making up to $3.78/day! And while the screenshot below shows $8.60/day for my rig, it’s quite normal for me to see more than $10/day(like right now), and I don’t remember when I last saw less than $8/day.

And when you compare the NiceHash earnings over the last 4 months, it’s not hard to understand why there are less and less graphic cards in the stores:

As you can see in the four pictures above, the mining earnings have quadrupled over the past four months!

Never invest money you can’t afford to lose!

The blockchain technology is amazing. The cryptocurrency market is existing and has grown 4000% over the last year. You can hear miners complaining, yet making amazing profits and doing better and better. Cryptocurrency market predictions for 2018 are mostly positive and even bullish. No wonder you can read in news about people investing borrowed money in Bitcoin and cryptocurrencies. And that’s a risky business.

The cryptomarket has grown extremely over the last year. And there’s been a pretty much constant growth since the invention of Bitcoin about 10 years ago. However, it’s extremely volatile, and unlike anything we had before- both technology and prices speaking. And importantly enough- it’s mostly unregulated at the moment. This is why it’s extremely important not to take risks you can’t handle, and never invest money you can’t afford to lose.

The cryptocurrency market is definitely hottest market right now, and avoiding it means you’re missing out the best opportunity to earn serious money “over night”. However, the market has shown us how investing with reasonable risk(let’s say 10-20% of your total capital) is more than enough to make you rich if you’re patient and play smart.

So do it, play smart and get rich! Quickly, but without losing a fortune if things go downwards.