/biz/ - Business & Finance

bought at $44, what should i do

>>7235319

put a bullet in your tiny brain for buying an obvious scam

>>7234790
Buying more, probably my favourite coin

>>7235442
you're fucking retarded. Skycoin is the best "scam" since ethereum. It's whitepapers were written by none other than the original dev of Ethereum. Everybody on Skycoin left bitcoin and ethereum because nobody wanted to fix the problems they saw coming. You'll see.

>>7234790
my taxes, so I know how much more I can buy ;_;

actually take back my first line, everybody listen to the poster above me

>>7235666
>>7235794
wow satan you really don't want me getting more cheap Skycoin do you

Can someone ask him to make a video of him building it?

>>7235794
so who is this OG ethereum dev?

not synth hopefully

>>7235794
Lmao, Synth is my most favourite character in the crypto game

Synth cracks me up with his insane laugh
For that alone I'll drop 2k on this
For the project itself, another 1k

>>7235794
anw, where is this from

>>7235794
>It's
Average intelligence of Skycoin buyers. It's an elaborate scam, get rekt.

>>7235969

>>7235878
Houwu Chen

Pretty sure synth worked on bitcoin in the early days

>>7235969
not only is he /oneofus/, he's I'n'I. He's "woke" as fuck, to put it shittily.

>>7236044
>lack of care for punctuation in informal communication is indicative of general intelligence
You know, you're right. Highly intelligent people know when to bother spending time checking fucking grammar.

>>7236038
one of the skycoin telegram channels

>>7236162
Does he blame #jews for everything and call eth a pajeetcoin?

>>7236248
Nope

Keep trying. You'll feel better about yourself.

>>7234790
Buying shift

how many sky do i need to make it? all in and only holding 100...

POWHPYRAMID.COM

fucking get in here shills.

>>7236198
It wasn't a serious criticism but rather the means by which I could insult you, for insult you I wanted to for being an idiot by genuinely believing in Skycoin.

>>7236162
He's clearly a lunatic and anyone believing in him has the kind of mindset where convincing them of the error in their way of thinking verbally takes many hours of repeating the same set of insurmountable evidence, logic and reason. Losing a heap of money will teach you quicker. Break a leg.

>>7236417
I would agree with this

Synth is a fucking schizo

tho I like some of his ideas

>>7236333
in terms of scarcity that's the equivalent of holding 25 bitcoin 20 years from now (when skycoin distribution is complete) or about 220 bitcoin now.

Of course adoption levels are completely different, so I can't really answer for you where the value will be. I'd say Skycoin has received much less attention than ethereum had when it was $20, and the circulating supply is MUCH lower.

I'm not expecting it, but I wouldn't be shocked if skycoin got over 500 this year. I also wouldn't be shocked if it stayed under 100 this year. I like to underestimate and be surprised. Skycoin has value to gain, most holds have value to lose.

>>7236417
It's not him, it's what they're trying to achieve, which other coin is actually manufacturing their own hardware RIGHT NOW? Skycoin are about to bring out a hardware wallet that eventually will cost 10$. Can you understand the implications of that when a ledger is over 100? Probably not. & That's just one of the many things they're doing. But 8/10 for making me shill it

>>7236417
k, thanks. You do know "break a leg" is a positive idiom, right?

>>7236485
>>7236417
>thinks brilliant people are sane, ever.
You obviously don't know what you're talking about. You guys are just making me feel even better about my position.

I'll be thinking of you guys on the moon <3

gonna build a skyminer my niggas. got the parts on order, fuck the chinese orange pi though. synth is /ourguy/ and its hilarious the skyminer is just a box of parts sold at cost right now.

>>7236629
what a cheap shill

get a grip moonboy

>>7236504
i want to accumulate more but tfw NEET, will have to go wagecuck i guess

>>7236504
>Skycoin has value to gain, most holds have value to lose.
i can think of about 20 projects that will be around after the great pink wojaking 2018 apocalypse to come this year.

Skycoin feels just like the internet did in 1994.

>>7236646
If somebody can't put the thing together on their own, I don't want them in the testnet slowing everybody else down. Plus I don't want to have to wait and pay somebody else to put together mine, or pay a markup. Acutally I got it BELOW cost because of the Skycoin rebate. Mine ships on the 10th I think. I also ordered some spare parts so I can build a 4-board miner to put at my friend's house.

To be clear, the v1 skyminer isn't even the hardware they are building. They are contracting their own routers, hardware wallets (like you mentioned), long range directional wifi antenna (still a long ways out), and more.

People that think this is a scam must lack the intelligence to actually grok the project. I get it, it's fucking ambitious, massive, sprawling, etc. But it's already more than half done. The part people think makes it a "scam" is just icing on the fucking cake.

There's already ICO's launched on skyledger. the coin rapes the fundamentals of any other coin, the blockchain language CX is a real C based programming language, not a half0assed "smart contract" script. Fuck man, if I tried to even mention every component in one post the thread would 404 before I finished.

>>7236710
I am cheap. I'm doing it for free.

>>7236743
I worked 10 shifts a week, over 70 hours, for 9 months straight to buy in to bitcoin back when it was $200-400. DO IT. Working hard for your buying will make the gains that much sweeter.

>>7236832
Yup.

>>7236890
I love this coin, it's my fsvourite. I don't know how people don't get excited about it once they start to read about it. No other project even comes close, and that's just interms of ambition, forgetting the fact that they already have so much don't & working. I almost don't care about the coins price, I just want to get on skywire asap

>>7236890
so if I get you right
you will not be treated the same if you build a DIY-SKyminer ?

>>7237101
Gonna be able to tell my grandkids that I was one of the first few hundred people on the new internet. That's priceless.

>>7236297
The 'solutions' to the problems of blockchains just add needless complexity to the system. There are simpler solutions out there. For example free transactions with their 'coin-hours' concept is kinda retarded. Now you've got to hold 2 coins to be able to send 1. Then there is the mitigation against 51% attacks. A better solution to this is just using PoS like ETH will. All you need to do is fork the chain and delete the funds of the attackers on the new chain. Done, presto. Also there is no infrastructure for its 'new' internet. People have to share their own normal internet connections. This has many legal ramifications. One of which being that because you are profiting for from sharing your connection, you are legally responsible for the content that goes through your connection. Everyone renting your connection from you is completely anonymous, but the content you're pulling from the web is not. If someone wants to get child porn you're fucked. Tor is different from this in that no one profits from running a node, and so no one is held responsible. So I think the project is very Utopian and not realistic, no matter how talented the devs are.

>>7234790
OP, stop the shill, let me acumulate it

>>7236832
tell me the other 19 projects

>>7236890
dope. i am using the raspberry pi 3 (mainly because i read bad stuff about the orange pi clones). i think its going to be real neat to built them from 4 to 32 boards as needed. i just hope diyers are allowed to get paid or put into the main testnet as the official ones at first. but even if not this is such a hacker project i am going to do it. maybe once day our nodes will have a Skycoin antenna link to each other

didnt know about CX though, will look into that.

>>7234790
So how much will one of these devices earn me?

>>7237304
>tell me the other 19 projects
BAT QSP VEN ETH NEO XLM XMR at the top


>>7237169
skycoin twitter said DIY is ok, the hardware is noting special, its just running their software. my concern is the official ones will have a special version of the software or their MAC address or something is hardcoded into the "real" testnet or coin distribution. but they havent said one way or the other afaik officially.

>>7237384
the only number i've found thrown around was by swiss crypto fund bro and it was so high i don't believe it.

>>7234790
I'm looking at Skycoin or Electroneum as my first Cryptopia purchase.
DYOR only gets you so far and I like to hear from loyal HODLers.
Shill a Cryptopia newfag on what will be the best buy Monday morning when I can get to my fiat and how much I will need to acquire.
I am only smol but I want to make it.

>>7237169
During the testnet official hardware is incentivized because in the first stage having everybody on different hardware adds unpredictable complexity. So your contribution will not be as valuable. In later stages, it might be more valuable, to ensure functionality on various hardware. When bitcoin launched, you had to mine on a CPU. Then you COULDN'T mine on a CPU, and had to use a GPU (to contribute effectively). now you have to use an ASIC. So yes, using the literal carbon-copy hardware will be incentivized during testnet launch.

You won't be shunned, if that's at all a component of your inquiry. I've seen TONS of moral support on skywug, skywire telegram, etc. for people going it on their own. But first things first. Figuring out how to get everything perfect on 500 different motherboards running 10 different operating systems would be a huge setback to the beginning testnet. Plus this is one of the last OTC distribution sales (the skyminer rebate in skycoin).

>>7237203
Nonsense. If my son downloads child porn on my Comcast internet without my knowledge, am I criminally liable? No the fuck I'm not.

>>7237501
>the only number i've found thrown around was by swiss crypto fund bro and it was so high i don't believe it.
I've seen extreamely high confirmed numbers (2000%+ ROI) for masternodes in early stages. I know this is a miner but if you are one of the first running there can sometimes be insane profit. What's your source?

>>7236333
dont even post that crust ass loser on my board

>>7237642
>>6940185

>>7236297
They premined and held 95% of the coins. Fuck off

>>7237722
Wew. Sure sounds a tiny bit too high

>>7237519
>>7237501
so why buy it for 1BTC?
(I know you get compansted in SKY for the rest of difference)
just seems kinda weird to put the bar so high with the 1BTC
you don't even get a prebuilt miner, not that its hard to put it together but I don't see why the need for a limited presale

unless
> my concern is the official ones will have a special version of the software or their MAC address or something is hardcoded into the "real" testnet or coin distribution

>>7237642
well the ROI is going to be insane because the investment is ridiculously cheap. Now if you wanted to buy MY skyminer, to take my place in line . . . THAT would show a more reasonable ROI. But you can't. I don't think anyone can/will offer me enough.

They could be selling the skyminers for 1 btc straight up. Instead they're practically selling for FREE if you buy 1 btc worth of skycoin.

>>7237845
https://www.skycoin.net/blog/statement/skycoin-distribution/
How about you read this before talking out of your ass.

>>7237915
Tell me more about this Skyminer of yours. How does it work? Do you have to stake some of your Skycoins in order to mine? Why can't I just buy the parts from a third source in case I don't have 1BTC?

>>7237871
my guess is so that only people that are serious about participating will buy one. Otherwise they would have to build more to make sure they had enough actually participating in the testnet. I think "orange pi prime" might only exist because they commissioned the production of that specific version. of orange pi. From what I've been able to tell these guys are really minimalist/efficient with their funds.

I am all for buying a skyminer, but where do they expect you to put it?

>>7238087
Well I just paid for it this week, It won't ship until next week. But I also ordered parts to build another one on my own, those have started showing up one by one already.

https://skywug.net/forum/Thread-Skyminer-parts-list-aliexpress?page=2
https://skywug.net/forum/Thread-Skywire-Miner-Components-List

no staking required, no skycoins required (maybe 1 so you get coinhours).

>>7238272
doesn't even make sense to have 2 in your home, does it?

>>7238300
I have other places to put them

>>7237845
Regardless of how the coins are being distributed, the fact is they premined 100% and distributed 5% of them. That there is enough to make me not even click any skycoin links. It's ridiculous. That's the reason you cant get on any exchanges better than craptopia, as well

I'm also considering bulk building them and distributing locally. For sale, lease, on commission, barter, etc. But I'm gonna wait for the testnet before pulling that trigger. I live in a decent area culturally and geographically for this sort of project. A mid-sized "hip" city with lots of tech and business students, and several world-class entrepreneurs. And lots of semi-rural expansion potential for long-range meshnet. Already in communication with somebody else halfway toward the nearest metropolis. Just a bit more personal networking and I'm positioned to be a crucial spoke in what could be the skywire hub with the most potential (in my country).

>>7238408
Your loss. We are getting on all of the big exchanges, it just takes forever. From what I've heard fees have already been paid. Specifics are tight because of NDAs. That' the biggest reason why this is probably the last golden opportunity to get in before Sky explodes. I don't know timeframe and I don't really care. Sooner means sooner, longer means more time to accumulate more.

>>7238272
Thanks! I'll take a look at those links when I'm done cooking.
Until then: do you know if there is any advantage in buying an "official" one when it comes to rewards?

>>7238408
don't get me wrong. I totally agree with your skepticism, and I initially shunned skycoin for the exact same reason. That's why I linked you that link, because you are actually incorrect. If I had read that link when I first thought "huge total to circulating supply ratio=NOWAY", I would have made at least 3 times as much money as I did last year (6 figures)

can you have less whole skycoins in your wallet? I want to send 0.5

>>7238633
I do not know. I've heard speculation and indefinite answers that lean both ways. Sorry. I do know that it will still be TOTALLY worth building one. my parts for a 4-board one came out to like $250 shipped, maybe less. If you do 4 boards you don't have to buy a switch and can just use a 4port open-wrt compatible router (i used TP-link AC1750 v2---the version is critical)

How much Skycoin does one skyminer give you a month?

>>7238675
.001 is the minimum right now. .000001 in the future. I actually gave away like 4 skycoin in increments of .2 a while back. so its definitely possible. However, Cryptopia hasn't updated their withdrawal to allow sending partial coins. so only from skywallet to skywallet, or maybe from C2CX.

Do I go all in on SKY or PFR? Which is the more promising scamcoin?

>>7238746
thanks! you send me 0.2 too

>>7238731
IIRC there are 15 million coins being distributed to skywire nodes over 4 years. You can do the math and figure out how many coins per month that is. Then you can estimate how many miners are sharing that pool. That's as good as you can get right now. I haven't bothered.

>>7238485
atx?

>>7238769
Don't want to start that here. somebody else did it and I helped the people left over when he ran out of coin-hours. I shouldn't have mentioned it.

I fucking hate the address spam that happens here. I will not be giving any out.

>>7238852
I meant you already sent me .2 before

>>7238891
ahh I see :) it might have been the other guy too.

this thread has me all pumped up, my parts come next week. going to be very cool this summer to see how this pans out.

>>7236646
Where is the parts list and where did you order?

>>7239566
>>7238272
also
http://iotandmaker.com/product/orange-pi-prime
if you don't want to wait for aliexpress to restock

>nice scam
>nuh uhhhh see all these psycho nutfucks ranting about it?! That means its legit!!!

>>7239699
>this is an argument

>>7239566
the skywug forum has the bom. the orangepi is the holdup, aliexpress is sold out for a week or so. i am using raspberry bi 3 because it is (basically) the same. orangepi is a chinese clone version with an extra core. if you can get the orangepi go for it because it is the skyminer reference build version, but i dont mind having to hack a little extra. worst case scenario i am out a month and just resell the raspberry while waiting for the orange to restock.

>>7239699
2/10

>>7239799

Its not an argument, its a thread summary.

Dont let the conversation die down guys. How long until I can share child porn and make drug deals on your "new" internet?

>>7239620
Cheers

guys ive been hyped as fuck about skycoin for the past couple months and need to build one of these skyminers

https://sites.google.com/view/skycoin-miner-skywire-parts

is this the best guide? or is there something better?

and do i really need the pi prime? or will the normal orange pi suffice?

>>7240050

Would that be a bad thing?