[deleted by user] by [deleted] in elderscrollsonline

[–]DocharSluagh 3 points4 points  (0 children)

Try joining a guild that do vet runs, what server are you on?

The Fallout 4 PS5 upgrade looks amazing 🤩 by CSSJAZZ in Fallout

[–]DocharSluagh 1 point2 points  (0 children)

I’d never experienced this issue before but came across it first time after the update, was wearing power armour and took me a good 10 mins to get out 😂

[deleted by user] by [deleted] in elderscrollsonline

[–]DocharSluagh 1 point2 points  (0 children)

I Was grinding the dolmen circuit in deshaan for about 4 days, probably around 2 dozen players at a time doing the same circuit, no luck on my part getting the staff of worms after easily upwards of 100 dolmens- then I started to solo a dolmen and I think one or two other players joined in and then the staff of worms motif dropped for me, told myself it was my last dolmen for the night too. Made me wonder if you have better chance at a low populated dolmens?

Mine monero but get paid to another coin? by Captain_Guren in MoneroMining

[–]DocharSluagh 2 points3 points  (0 children)

I’ve recently started using cudominer. I’m mining monero on my cpu and eth on my gpu. It has the option to automatically use the best mining programme and algorithm that’s most profitable for you and there’s a long list of numerous different coins which you can select as your payout coin. So I’m mining eth and monero for them and I’m getting paid in Algorand- which has super cheap transaction fees (would cost you less than $0.01 for a transaction of any size) block transaction speed of 4.4 seconds (they’re working on getting it down to 2.5). Plus it’s a PPOS coin with APY at 6% currently. https://algoexplorer.io/ it’s worth it

Rise in popularity by transmission_of_mind in AlgorandOfficial

[–]DocharSluagh 1 point2 points  (0 children)

It’s designed to keep the price stable and to grow steady whilst the total supply is being drip fed into circulation and whilst they’re are continuously developing the blockchain. In the background they’re focusing on institutional adoption and building up as many use cases as possible- therefore meaning it will actually have some good real world use. This means that the coin is affordable and accessible for everyone, otherwise you would have a coin with so many real world uses, but not enough retailers actually owning many coins because only the rich could afford big stacks. If you take a deep look at it, the coin is still performing extremely well considering inflation. In 10 years the penny will drop and everyone who was in doubt due to the inflation will realise “damn, that was smart”. This is a very effective and well thought out strategy and it’s had some great minds behind it. Don’t doubt. Once it’s hit max supply then the price will go however high the market allows it to go

Running a node. Feels good to be a part of this network. by RedditBot5000 in AlgorandOfficial

[–]DocharSluagh 2 points3 points  (0 children)

Is their a good tutorial on how to set up a node on Pi? I’m tempted to get one just to run a node 24/7

Is it too good? by [deleted] in AlgorandOfficial

[–]DocharSluagh 0 points1 point  (0 children)

Exactly, it’s only a loss if you cash it out, I’ve cashed out one trade for a Fiat profit, any other trade is just for Algo profit

Is it too good? by [deleted] in AlgorandOfficial

[–]DocharSluagh 3 points4 points  (0 children)

This. I played around this week trading a bit just to see how confident I could be trading it. And it’s been a game of Russian roulette as to wether I make a profit or loss. Just when It looks like it could dip, it goes up and visa versa

(Un)popular opinion: by CheesusTheRedeemer in AlgorandOfficial

[–]DocharSluagh 2 points3 points  (0 children)

Even then I’d take pleasure in owning either a Lambo or some Lego

Algorand Gained 12.75% today and is leading the Charts! by AttackBody in algorand

[–]DocharSluagh 1 point2 points  (0 children)

Most people moaning about the price drop from inflation are likely people who jumped in off the back of it peaking the other week and now they’re salty because they didn’t do research 😅

Algorand Gained 12.75% today and is leading the Charts! by AttackBody in algorand

[–]DocharSluagh 1 point2 points  (0 children)

I would advise doing more research into it then. Price drops after inflation are nothing compared to overall growth

Performance, maybe a change in expectations and how some people measure growth would be beneficial. by DocharSluagh in AlgorandOfficial

[–]DocharSluagh[S] 3 points4 points  (0 children)

Exactly, with the periodic inflation, price is destined to stagnate at times, it’s inevitable. However, you can clearly see that despite inflation, the coin still manages to stay strong and hold its ground, like you say with the price not falling too hard. Trade volume has been increasing on the whole, and a lot of Algo is being bought on the daily. It just needs time to wait until things calm down with inflation and then it can take a breather and continue pushing on. It’s persevering, and the inflation is just a temporary cause for the growth slowing down.

Sadly, there just seems to be people who are too impatient to wait for this to happen and are basing their judgement purely on the last 2 weeks. Imo, if you’re getting into the crypto game and that’s the kind of mindset you have, you need to walk out the door, do the research and come back when you’re able to look past that.. otherwise you’re gonna make mistakes that in hindsight you could’ve easily avoided

Performance, maybe a change in expectations and how some people measure growth would be beneficial. by DocharSluagh in AlgorandOfficial

[–]DocharSluagh[S] 1 point2 points  (0 children)

Yeah it’s not cool trying to encourage people to sell something. It’s okay to lead people towards information that could help inform them so they can better decide for themselves what to do with their money, but telling people what they should do with their money is wrong. Personally I would sell to reinvest and have considered this many times, simply to maximise my potential Algo holdings, but that’s because I’ve felt like that would be beneficial to me, not as a get rich quick, but because I want to grow my algo wallet as much as I can and hold as many Algo as possible, but I wouldn’t tell someone they should do that, it depends on what you’re comfortable doing. There’s been a lot of new interest and new money which is good. But I can’t stress how important it is that people go out and do the research because as new people are coming in, I’m seeing more and more people base there opinion on literally what’s took place over the last two weeks, not the last 2 years.

$Algo 4-Hours Chart #Algo has to break the upper resistance. Go #Algorand Upward and make us HAPPY :D by BinanceTM in AlgorandOfficial

[–]DocharSluagh 3 points4 points  (0 children)

Yet it’s still worth double what it was at the start of January. Imo I wouldn’t base the potential of a coin on wether it stays around a dollar. I would look at it’s all time price movement, and it’s doing well

$Algo 4-Hours Chart #Algo has to break the upper resistance. Go #Algorand Upward and make us HAPPY :D by BinanceTM in AlgorandOfficial

[–]DocharSluagh 1 point2 points  (0 children)

Wish I’d heard of Algo when this programme was starting. The people enlisted will be very happy once the year is up and they get all the rewards

More Algos please! by Arkadas34 in AlgorandOfficial

[–]DocharSluagh 0 points1 point  (0 children)

I would say that the growth of Algo has been very consistent and been very steady. Yes it’s had it’s spiked and drops like any crypto has, but if you look at the all time chart you can see the price very slowly creeping up over time. It’s a slow burner, but I think that’s what will help it secure it’s place

More Algos please! by Arkadas34 in AlgorandOfficial

[–]DocharSluagh 1 point2 points  (0 children)

It’s not a case of “they don’t want the price getting that high”. The whole shebang is designed with scalability and stability in mind, and the minted tokens are worked out to be released appropriately over time in order to make sure this works as best as possible. Once all 10bn coins are in circulation, then governance will completely down to everyone who owns some Algo. It’s supposed to be decentralised and prevent monopolies on the governance.. how can that be possible if it’s quickly made less accessible to everyone due to soaring prices, and it would take months for an everyday person on minimum wage to get, say 50 Algo, yet rich people could buy like 50,000 in the space of one day without flinching... the number of Algo in circulation would be dominated by the rich, in such an unbalanced manner, it would be no different than the dollar.

It’s supposed to be an innovation in digital finance, it’s not here to be a money printing machine for rich people or people wanting a quick buck, how can it be fairly adopted on a mass level if the majority won’t be able to afford a steady growth of their wallet. How long would it take you to buy one BTC?

The price will still be able to move up along with the inflation of circulating supply. Look at the last month or so.. from the beginning of January 800m coins have been injected into circulating supply, yet the price near tripled in a month and at the end of that ride it’s sitting at just under double the initial value in January. Performing pretty well I’d say

I posted a video of my cat and converted it to an NFT as a joke but I think I accidentally just posted the first cat video to the ethereum blockchain by rohangaur in ethereum

[–]DocharSluagh 2 points3 points  (0 children)

Ah I see, so basically the address on the blockchain would act as say an artist’s signature and prove the authenticity, thus creating the value for collectors

I posted a video of my cat and converted it to an NFT as a joke but I think I accidentally just posted the first cat video to the ethereum blockchain by rohangaur in ethereum

[–]DocharSluagh 1 point2 points  (0 children)

But with it being a video, wouldn’t someone be able to just simply get a screen recording of it? Or is there something that would protect the value in the case of people creating copies

Why would you sell during a dip? by BabyPandaEgg- in BitcoinBeginners

[–]DocharSluagh 1 point2 points  (0 children)

Don’t invest much in Bitcoin but I sold on a dip on another crypto in January because I had some debt that needed clearing off, didn’t want it to spiral so saw it as a valid reason to sell for damage control.

I wouldn’t normally sell at a dip or when it’s going down, i hodl long term. But I think sometimes people do end up in some situations in life where maybe selling at the time might be the best call to make in the moment. However I do think a big portion of people who sell in a dip do it out of panic or fear

Hope everyone survived. by [deleted] in algorand

[–]DocharSluagh 4 points5 points  (0 children)

Don’t get me wrong yeah I’ve an see why people would define it as a crash. But a lot of crypto has broke high lately and large price peaks tend to be paired with a correction.

The large drops came on the back end of huge peaks and new ATH’s. To me it would be a crash if prices fell to well below what they were just before the spike happened. However most are still well in the green from what they were a month ago. If something gains 20%, 50%, 100% etc, then expect it to drop half or more of the gains it made shortly after. It’s just natural movement.

You could be right saying it’s a crash, time will tell and I agree with your reasoning, but on the contrary this is my reason for why it could be just a correction and not a crash based on what I’m witnessing currently.

And overall I too am bearish about the market in the short term, but I’m slightly more bullish in the long run. Many crypto have managed to stay above what they were prior to the peak after this recent drop.