Remember the secret of success in life is for a man to be ready for his opportunity when it comes.

Amen!

the fact BTC dropped like 60% is not a huge news, it's just the fact now its value so high that people panic
and the press makes it even more scary to those who jumped in for quick buck

cryptos are a marathon, long term investment and not just that - change of our monetary system
so keep your cool, don't do anything stupid and if you can afford.... buy more coins!

or mine.. mine.. mine

We can all feel it....
its a weird feeling, like anxiety mixed with a boatload of joy.
We can see bitcoin and litecoin reaching incredible highs. No one would have thought it would happen this fast.
We can see the alt-coin mania that's happening right now, its exploding!!
We see goldcoin hitting 1 mil marketcap and multiply in value.
Is this real? Im expecting to wake up from a dream or something.
Ive had a really bad few years before this,everything that could possibly go wrong was going wrong. My best mate died from cancer at 29, longterm g/f dumps me, lose my job, bank threatening to take my home. I mean i really suck at life....
But i can feel it now, cant you? I can feel everything just flipping 180. We are definitely on the right side of history.

And im so glad to have such a nice bunch of ppl by my side while we are going through these groundbreaking historic changes in this strange thing we call life. 

keep up your spirits! I see many big changes coming this/next year for many, many people
all of those I believe will be good ones when we look at these from a perspective

and all the coin movement and it's growth - I see it as a manifestation of what changes in people
we're sick of the rigged economy and finally there is something which can really make a difference
one just needs to keep his mind/eyes open and be part of it

I would definitely appreciate having an email when new update is available

No reason to be sorry

Didn't say he's my hero, yet I do believe in facts and the fact is he built Cryptsy and it's operating.
In my book that is a success, nobody's perfect so if he makes mistakes in the process... that's normal, he has to as he needs to learn how to do this (every person starting business has to do that).

Surely I'm not an insider in crypto world and I don't know many thing but I can't see why an exchange would be blamed for scam coins. Cryptsy's providing service and people use it, in my view the problem is people are not informed well enough before making an investment.

How is Cryptsy responsible for messing the game up for all legit cryptos?

I really ask out of interest as I don't know, I'm open minded so I don't have an opinion, you may be right but I'm not seeing it.

btw. what cryptos you're trying to take forward? what coins you think have the best future?

Quote from: TazMan143 on October 26, 2013, 09:25:38 PM

Hey guys.
 New to this. But been mining another coin for a while. The FPGA's are not a problem as of now. The ones that are out there are very expensive and they don't provide very high hashrates. The best one out there is providing 250KH/s  for about $250.00. You can get Gigabyte or Sapphire 7950's for $200.00 or less. The 7950's provide 680 - 690KH/s. So the FPGA's are not a threat for now. They need to find a way to get the price down. But I don't see that happening for while.

But i think within 1 year we will see the first affordable FPGA's.

Crypto Industries looks interesting; however the middle unit (5MH/s) is  4U 19″ rack mount enclosure, this is quite a beast! The company made it clear we should not expect those to be cheaper than GPU rigs. They will be more power efficient for sure, but the investment cost will be higher.

I think we're safe for now tbh, ASIC killed SHA256 mining because of it's hashrate. Looking at FPGAs and the fact the biggest one available is 10MH/s I don't see this to be much of a danger for GPU mining.

Still, would love to get my hands on one of those bigger units 

Just a head's up that the numbers on Coinmarketcap.com are off since Cryptsy paused trading.

Using the last trade at CoinEX.pw and the MtGox last price we should be in 18th place with a marketcap of $152,281.00 and a coin price over 1/2 cent each. 

Thanks for the update!

Wonder when Cryptsy will resume trading GLD.

GLD forward !