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Messages - Felix Felicis

Pages: 1 2 [3] 4
31
Monero Forum / Re: Mining Monero
« on: June 19, 2019, 12:42:20 PM »
There are various types of softwares through which monero mining is possible. They are:
 1. XMR Stak
 2. MinerGate
 3. Monero Spelunker
 4. CC Miner

32
It's quite difficult to predict because of the unstability. Though the Monero price prediction would be around $150 by the end of this year. And might even reach $500. You never know as the market of crypto is so unstable and highly volatile.

33
Dash Forum / Re: what is dash mining?
« on: June 19, 2019, 12:29:51 PM »
DASH has a total supply of 18.9 million, of which around 8.8 million is already mined. Dash mining is now only possible through something powerful like ASIC, as now CPUs and GPUs cannot be used to mine Dash.

34
Litecoin Forum / Re: LTC Wallet ?
« on: June 19, 2019, 12:25:34 PM »
Selecting a wallet depends on your requirements as there're various kinds of wallets available. But the most important factor should be safety. As once your crypto is gone, there's no getting it back.
There are numerous Litecoin wallets and some of the reliable ones are:
Ledger Nano S - This hardware wallet is the best wallet till date and is virtually unhackable. Its 2-FA and its stronghold on the private key makes it quite secure and you can freely rely on it.
Trezor - This hardware wallet supports 1000+ coins and tokens. Trezor is one of the most trusted wallets, is portable and can definitely keep your cryptos safe.
Guarda - This multi-currency online wallet is operable on both mobile as well as on a desktop. It has user-friendly UI apart from being reliable and safe. Guarda provides privacy, as it does not store private keys, or wallet information, or even the user's personal data.

35
Litecoin Forum / Re: How Do You Mine Litecoin?
« on: June 19, 2019, 12:22:48 PM »
Litecoin uses Scrypt algorithm as its proof-of-work model when mining, whereas Bitcoin uses SHA-256.
Also, it takes less time to mine LTC (2.5 minutes, compared to BTC's 10 minutes).
In my opinion, litecoin mining is easier than bitcoin mining.

36
Litecoin Forum / Re: Litecoin Halving
« on: June 19, 2019, 12:17:21 PM »
Litecoin Halving is the halving of miner reward which is done to limit (indirectly) the supply of the crypto and hence reduce the inflation rate in the market. The supply reduces indirectly as there are less number of newly generated coins that flow in the crypto market. When the miners are rewarded, they sell their reward (newly generated coins), so as to equalise their expenditure on the mining process (mining rigs, electricity consumption, etc).
There is a general fear among some people regarding this whole Litecoin halving ordeal. But worry not, as this will actually improve the Litecoin market. By indirectly reducing the supply, the coin inflation (in an ideal situation) will go down, and hence the value of Litecoin will increase in terms of fiat currencies.
Some of the basic features of Litecoin Halving are:
 1. The mining reward will become 12.5 LTC
 2. The halving will occur in Aug' 19 (most probably 8th August)
 3. Total LTCs to ever be produced is 84,000,000
 4. Total LTCs in circulation is 62,010,275
 5. LTCs generated per day is 14,400
 6. Percentage of LTC mined is 73.82%

But again, these results will occur in an ideal situation. Nothing can be said for sure as the cryptocurrency market is highly volatile, and the results mentioned above should technically happen.

37
Bitcoin Cash Forum / Re: Predict Bitcoin cash in 5 years
« on: June 19, 2019, 12:10:12 PM »
The price of BCH has been quite stable recently, the only exception being that on the 30th of April.
Bitcoin Cash price prediction is comparatively easier as it's stable when compared to other coins. It is contemplated that in five years, XRP's price will be around $24,600.
Currently, it is $415.04 USD.

38
Since the beginning of May 2019, the price of Ripple has kept on increasing, currently standing at $0.433835 USD. This year has seen a lot of fluctuations for XRP. So, ripple price prediction is quite difficult to understand.

39
Even I think the price of Ethereum might go till $300. Well, nothing can be said for sure though as the market of crypto is highly volatile and anything can happen. At our level, the ethereum price prediction is all we can do.

40
Bitcoin Forum / Re: What is next move of BTC Can we predict?
« on: June 19, 2019, 09:42:16 AM »
Bitcoin has once again joined the bullish trend with its price surging to $9000 and upwards, you never know what will happen. The Bitcoin price prediction has to be closely watched for those who want to trade and want to gain profit from this bullish surge.

41
XRP - Ripple Forum / Re: XRP or ETH??
« on: June 17, 2019, 08:34:08 PM »
As per current market conditions both the coins are equally preferable. But, I think it is right time for switch coins from eth to xrp.

XRP market analysis:
XRP has been experiencing a plethora of fluctuations since March 2019, which was one of the least performed months for XRP. But slowly and gradually, it took off from $0.3404 on May 12th, 2019 to $0.4722 on May 16th, 2019, which was a steep rise, after which it has been hovering around the $0.400 mark. On June 5th XRP closed at $0.402372, which was a minor fall as compared to June 3rd, 2019 when it was trading at $0.425764. But XRP has a great capacity to get back on its foot and soar upwards as it has recently promised a greater degree of accuracy for sales reporting and volume. XRP data reporting is taking a conservative approach where the data should be accurate even if its lesser than expected, so as to prove transparency of data. This quarter's XRP token sale might drop to less than 10bps, and it's going to show the correct data unlike some of the exchanges inflating their trading volumes.

42
Litecoin Forum / Re: Litecoin Against Bitcoin.
« on: June 17, 2019, 03:50:47 PM »
Even if Litecoin and Bitcoin are very similar, there are several distinct differences between them, for instance:
  • Litecoin uses Scrypt algorithm as its proof-of-work model, whereas Bitcoin uses SHA-256.
    • It takes less time to mine LTC (2.5 minutes, compared to BTC's 10 minutes).
      • When it comes to transactions, Litecoin is cheaper than Bitcoin as the transaction period is much shorter than that of BTC's.
        • The coin limit of LTC is 84 million, whereas with BTC it's just 21 million.
          • BTC's block reward is 25 BTC, while LTC's is 50 LTC.

            Litecoin has been in the crypto market for some time now and has garnered popularity as well, being the sixth largest crypto. The reason behind this is due to its simplicity, stability, faster and cheaper (almost zero cost) transactions, etc. So, by converting litecoin to bitcoin on any exchange, you'll be able to see the difference between both of the coins.

43
NEM Forum / Re: Best nem wallet?
« on: June 14, 2019, 03:56:45 PM »
When it comes to storing the XEM coins, the wallets that are trustworthy are:

    Trezor - This hardware wallet supports 1000+ coins and tokens. Trezor is one of the most trusted wallet, is portable and can definitely keep your cryptos safe.

    Atomic Wallet - This wallet is quite easy to use, being user-friendly and even beginners can use this easily. Atomic is an online wallet that is operable on both mobile and desktop as well.

    Guarda - When it comes to online wallets, Guarda is one of the most reliable multi-currency crypto wallet. This wallet provides privacy too, as it does not store private keys, or wallet information, or even user's personal data.

    The official wallets of NEM are NEM NanoWallet, NEM Mobile wallet, etc.

There might be many online wallets and many of them might be safe, but the safest option is always a hardware wallet, no matter what. It's important to remember this because if your coins aren't safe, then there's no point in investing and/or trading, as once your coins are gone, there's no way to retrieve them back. Ever!

44
NEM Forum / Re: Android NEM Wallet
« on: June 14, 2019, 03:54:33 PM »
Atomic Wallet - This wallet is quite easy to use, being user-friendly and even beginners can use this easily. Atomic is an online wallet that is operable on both mobile and desktop as well.

Guarda - When it comes to online wallets, Guarda is one of the most reliable multi-currency crypto wallet. This wallet provides privacy too, as it does not store private keys, or wallet information, or even user's personal data.

The official wallets of NEM are NEM NanoWallet, NEM Mobile wallet, etc.

There might be many online wallets and many of them might be safe, but the safest option is always a hardware wallet, no matter what. It's important to remember this because if your coins aren't safe, then there's no point in investing and/or trading, as once your coins are gone, there's no way to retrieve them back. Ever!

Trezor - This hardware wallet supports 1000+ coins and tokens. Trezor is one of the most trusted wallet, is portable and can definitely keep your cryptos safe.

45
NEM Forum / Re: BEST WAY TO MINE NEM?
« on: June 14, 2019, 03:52:26 PM »
Actually, NEM is unminable. But, it can be 'harvested', a term named to the process through which the NEM coins are obtainable.
Not really like mining, but, I guess, a bit easier.

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