Cryptocurrency

[scooterscot]

I have 2 questions for today:

1 - What news sources do those in the know follow?

2 - Any alt-coins worth mining? I have an Azure sub as part of my MS partner agreement (for the action pack) which is gathering dust....

1) PBRG - $3k membership fee, but worth it. My Subscriptions - Palm Beach Research Group

2) Forget mining coins. The process consumes energy unnecessarily. There are many pre-minded blockchains out there.

[scooterscot]

Ripple might do another mad leap up in the coming months - perhaps 10 fold. Not unlike back in May 17 - yeh be warned.

https://twitter.com/coindesk/status/931145355818946560

[Agent]

Thanks Scoot. Still positive about Zencash??

[scooterscot]

Another big announcement on Stellar is due... you now know as much as I do!

[Agent]

Another big announcement on Stellar is due... you now know as much as I do!

A good or bad one!

[scooterscot]

A good one

[mattfx]

Rather than mine i'd look into setting up a Zencash secure node - 3.5% of the currency is set aside for those running secure nodes. If you're in on the ground floor when they launch there may only be a handful of them. When I was reading on the forums the other day someone suggested there are currently 120-150 ish nodes in operation at the moment. There's a calculator you can use to work out how much money you could theoretically make running them too.

A dedi from Kimsufi with enough beef to run a secure node would be about £15-£20 a month, maybe less if you found a good deal.

[scooterscot]

yup - setting up a secure node on Zencash is cheap as chips right now.

[scooterscot]

Remember what I said about ignoring the $ value of coins? The game is coin accumulation, which you're going to cash in as some future bitcoin value no later than the mid-2019.

If you look now Zencash is 0.00273965 BC's, earlier this week it was around 0.0034 - so people are pricing / trading Zencash in dollar terms but it is not traded with $. Always around $20, so it has clear support around this price.

Bitcoin is going to correct before January - it has too - now if you already bought bitcoin last week or when it was around $6k, now is an excellent time to exchange it for more Zencash coins.

[mattfx]

yup - setting up a secure node on Zencash is cheap as chips right now.

There's no financial incentive at the moment thought right scooter? Because it's still in beta?