cannathusiast's Intro

**Karsa** · 25-05-20, 05:47 PM

Originally Posted by Cannathusiast

Thank you, yup it's a throw away and replace society we live in! I haven't got the hands for that sort of thing, I'm more of a software guy myself but also do a lot of hardware repairs

That's intentional, what business wants longevity of their products, they want them to last long enough so you buy more. Planned obsolescence.

As for system etc I'm a pc gamer but still barely get time to game :/

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**Jingo** · 25-05-20, 06:14 PM

Back in the day there were a few script coins around where the Devs feared jingo the whale. Mainly because I was like all the other miners I always dump when I can get my return on investment, that and the fact that I was mining with Asics at a time when everybody else was still using GPUs.

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**Karsa** · 25-05-20, 07:09 PM

Originally Posted by jingo

Back in the day there were a few script coins around where the Devs feared jingo the whale. Mainly because I was like all the other miners I always dump when I can get my return on investment, that and the fact that I was mining with Asics at a time when everybody else was still using GPUs.

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Smart boy

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**Cannathusiast** · 26-05-20, 10:24 AM

Originally Posted by jingo

Back in the day there were a few script coins around where the Devs feared jingo the whale. Mainly because I was like all the other miners I always dump when I can get my return on investment, that and the fact that I was mining with Asics at a time when everybody else was still using GPUs.

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Sounds like you had mining sussed. I traded a lot of BTC and made small bits here and there, but nothing to write home about. Used it more for the currency it was rather than trying to directly profit from it.

**Jingo** · 26-05-20, 10:43 AM

Originally Posted by Cannathusiast

Sounds like you had mining sussed. I traded a lot of BTC and made small bits here and there, but nothing to write home about. Used it more for the currency it was rather than trying to directly profit from it.

Nowadays when you get taxed on every trade, I don't know how you can make a profit. I once set my bot up on ether coin and it made probably 50,000 trades in a couple days it would have had a huge tax liability, for a two Bitcoin profit.

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**Cannathusiast** · 26-05-20, 06:45 PM

Originally Posted by jingo

Nowadays when you get taxed on every trade, I don't know how you can make a profit. I once set my bot up on ether coin and it made probably 50,000 trades in a couple days it would have had a huge tax liability, for a two Bitcoin profit.

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It'a ridiculous now.

I guess it all depends on the price of those two bitcoins haha.

I used to love guessing the crashes/rises from reading crypto & other news channels, although I never actually put any money in sometimes I should of! But that's the game!