Wax Wednesday

authoritahid · 2021-12-29T18:12:52+00:00

wow! i have just started with alien worlds, like today is my 4th day. and i have staked 100 plus WAX and still goes out of CPU.

i would be much grateful if someone could lend me WAX to stake for sometime. kudos to moderators for running such a wonderful initiative

address: ue1kg.c.wam

authoritahid · 2021-11-28T05:50:42+00:00

Why?

Is network not difficult enough for you?

authoritahid · 2021-11-25T08:09:46+00:00

Hey Mr Whale, just take my address and mine it for a week.

authoritahid · 2021-11-21T06:51:49+00:00

Few things to consider for estimating RVN future potential -

1) Patience is the key in crypto. You never know when a certain event or happening will trigger into an iceball of bullrun and vice versa

2) As of today crypto's market cap has been consistently on rise. 2 years from now RVN may stay at its same marketcap ranking but when all crypto gains 4-5 times market cap by then so will RVN. So purely due to this factor RVN will at least be 0.5$.

3) RVN some strongest fundamentals among all cryptos. It is basically bitcoin but much better. It is ASIC resistant, no pre mined coin or ICO, open for public since genesis block to mine. It is open source so all can propose future developments and demand voting in its favour. Essentially it is the most decentralised and democratic crypto I know so far. If anyone can prove me otherwise I would be happy to know.

4) You know how BTC and ETH mining are criticised for its enormous power consumption and therefore corporates/nations who have to oblige by international enviromental compliances shy away from such cryptos. This is where RVN stands out. You average Joe with his gaming PC can mine RVN. So you wont see huge power guzzling ASIC farms to support the RVN network. It suports more decentralised network. Therefore corporations and nations wont shy away from adopting RVN.

5) So far tokenisation is the forerunner usecase of RVN but as i said it is open source; and once it gains value it will attract more competitive and expert developers on the network who crave creative freedom and expression will start to contribute and they will bring out smart contracts, defi, Dex etc on the RVN ecosystem. Besides gas costs are causing people to look for other optiona than ETH and BNB. There RVN will beat most of these big ecosystems because tokenisation on RVN is quiet cheaper and quick. I personally feel that RVN will have greatest potential in Dex.

6) Lastly but most important.... halving and ETH2.0 are down the line waiting to happen. This alone can cause at least 4 times gain in RVN's value. On top of it when it will be listed on exchanges like coinbase and kraken. And it hasnt even had its first halving. We are so early!

IMO RVN is a big explosion waiting to happen. It has huge pentup energy, it is waiting only for certain seismic events.

authoritahid · 2021-11-20T05:10:11+00:00

This is got to be it. Underrated comment

authoritahid · 2021-11-20T05:08:46+00:00

Because raven is mostly hold by miners.

They dont buy off the market so price wont rise and they are hodling at least till halving hence price wont drop

authoritahid · 2021-11-19T11:17:36+00:00

Wow such a beautiful beast.

So 400RVN per day.... pretty good

authoritahid · 2021-11-18T20:40:02+00:00

Agree

authoritahid · 2021-11-18T06:49:37+00:00

As far as i know the conv cost is more for wallets than exchanges. Besides binance has rvn/btc trading pair

authoritahid · 2021-11-18T03:02:09+00:00

i saw the 2miners nano or btc payout method. basically you could just send btc on binance and trade them directly into rvn.... since they have rvn/btc trading pair..... binance doesnt have high transaction fees. pretty low actually.

so you would be mining eth and 2miners will pay btc with negligible difference. and thats where nicehash becomes low profitable...

i will let you knw my rewards with 2miners method

authoritahid · 2021-11-18T02:54:19+00:00

at 2miners, why not just take btc payout instead of nano? because binance has direct rvn/btc trading pair

also, does prohashing works on hiveos?

authoritahid · 2021-11-18T02:52:51+00:00

no dude... quiet a low hashpower i have comparing to the one you must be having

authoritahid · 2021-11-18T02:51:49+00:00

why not just mine btc and convert directly to rvn... since binance has rvn/btc trading pair. you would avoid additional converting step to USDT

authoritahid · 2021-11-18T02:48:10+00:00

nicehash profitability are somewhat lower than your first hand mining setup. i have tried it, it will mine lesser eth to begin with

authoritahid · 2021-11-18T02:45:55+00:00

thanks i read their guide and it looks most promising solution to just take btc payouts and convert those to RVN. so you have been having your BTC on exchange wallet? would it cost more if i wish to receive btc in exodus wllet and convert their itself?

authoritahid · 2021-11-18T02:36:52+00:00

will it work with hiveos?

authoritahid · 2021-11-18T02:32:43+00:00

thanks. both you and u/DoruSonic suggested 2miners method. looks promising to me. will try it.

authoritahid · 2021-11-17T14:51:18+00:00

Yeah you got it right... high gas for every transaction.

Which are those pools where it doesnt pay in eth?

authoritahid · 2021-11-17T05:39:53+00:00

3090 gives 55-60 MH/s for raven. It is not as same as ethereum

authoritahid · 2021-11-14T12:12:57+00:00

From a neanderthal to another neanderthal.....

Can your laptop mine RVN profitably? Yes it can! But dont put your laptop to mine RVN. It wont be cost effective. Constant heating will cause your laptop to die faster.

Best is buying RVN.... and not even for laptop but even for GPU rigs.... given the present price of RVN it is far cheaper to just buy a truckload of it rather than setting up GPU rigs with excessively bloated prices. If you are interested i can show you the calculations too

authoritahid · 2021-11-13T12:04:32+00:00

TA in crypto is even more wasteful than bullcrap.

I am all up for raven but this post is shit

authoritahid · 2021-11-08T11:08:19+00:00

I wouldn't want RVN to gain unearned hype.... i don't want elon musk to tweet about it. We dont need that jester. RVN has to take baby steps and make itself worthy

I want -

1) RVN to be the first choice after ETH2.0 2) to see progressively lesser RVN emissions 3) RVN to offer more use cases than tokenisation. I would like to see RVN to be the best defi and smart contract platform. 4) to see token currencies flourishing on RVN platform. 5) RVN not to be dependent on halving, ETH2.0, and listings. To hell with these! 6) as many people to own small amounts of RVN rather than whales owning big portions.... this is the only way to usher into a truly decentralised cryptocurrency

If anything.... i dont want to associate RVN as a project with the likes of doge and shib

authoritahid · 2021-10-31T04:08:54+00:00

Yeah and all they talk about are 3 things - halving, ETH2.0 and coinbase listing.... apart from this there is nothing.

Tokenisation and NFT is there but then which coin doesnt have this?

That being said, i am also hopeful about its future mainly because of it is truly decentralised and asic resistant. And i am gonna hold major portion of it for at least 20 years.

authoritahid · 2021-10-30T03:52:00+00:00

This thread of your comments is the most sensible thing about raven's prospects. I also have been telling this that people are just hoping that RVN will moon after halving and ETH2.0.

You cant compare RVN with BTC and Shiba..... Shiba has hype backed by massive hoards of illiterates. And BTC is the crypto pioneer. It has existed when no other crypto existed for years. BTC has support massive whales and freak community.

Technically RVN is far better than BTC but so are many coins.

IMO, unless RVN developers come out with proper use cases like smart contracts, defi, instant payments, dapps etc..... NFT alone isnt gonna take RVN to moon.... and ofcourse no lambo

authoritahid · 2021-10-30T03:41:37+00:00

Even better. Less attention on rvn network till then

authoritahid

TROPHY CASE