I think .0008 is attractive, .0007 compelling.
But of course I´m always way too conservative.
Topic: AMHash1: Cost-Effective Mining Contract - page 103. (Read 304259 times)
The bid is firmer than when it tanked to .0005
but still nothing to write home about.
but still nothing to write home about.
Now 11 BTC has a competition, 17 BTC...
And where is that 70 BTC BID wall....
Hmmm...
Just live going forward I quess...
And where is that 70 BTC BID wall....
Hmmm...
Just live going forward I quess...
Who put 11 btc sell order on havelock. If he don't remove it the price cannot jump over it. 
incorrect, someone just has to buy it, then the price can move upward if the market decides this is where it is going.
Who put 11 btc sell order on havelock. If he don't remove it the price cannot jump over it.
Estimated Next Difficulty: 46,539,796,428 (+14.51%)
Adjust time: After 1086 Blocks, About 6.7 days
If this holds up and BTC stays in the dumps I guess the dividend
will amount to .00000600 tops in a week. Maybe it´ll be lower,
time will tell.
Adjust time: After 1086 Blocks, About 6.7 days
If this holds up and BTC stays in the dumps I guess the dividend
will amount to .00000600 tops in a week. Maybe it´ll be lower,
time will tell.
Don't worry, If the declining BTC and increasing difficulty don't give soon...... well i know some miners will be turning off before us, unless the ultimate flash crash comes and we are all doomed.
I must admit that with a decreasing price and an increasing difficulty
One will give in sooner or later although Bitstamp having issues as a sidenote might be a problem
I doubt there´s much meat on the bone there.
The rumor machine hasn´t even shifted to second gear
and the BTC price seems unaffected.
The mining contracts always seem to be sold out. 
At AMHash they are sold out (new shares will be sold soon when BTC price will raise). But you can trade them at Havelock. There is a marketplace where you can sell/buy them like BTC/LTC at Bittrex.
what if I trust to website AMHhash only, but do not trust to website Havelockinvestments and especially Hashi ?
Hashie is no longer an option. If you don't trust in Havelock, you'll have to wait. AMHash announced that a marketplace for shares will be launched on their site and when the situation about BTC gets better, new shares will be sold.
I was hoping for a major bankruptcy in the mining industry.
Those two bit "exchanges" are of little consequence as
oversupply of bitcoin is concerned. They do a very good job
though of ensuring that big money stays away and therefore
demand stays anemic.
Those two bit "exchanges" are of little consequence as
oversupply of bitcoin is concerned. They do a very good job
though of ensuring that big money stays away and therefore
demand stays anemic.
Estimated Next Difficulty: 46,539,796,428 (+14.51%)
Adjust time: After 1086 Blocks, About 6.7 days
If this holds up and BTC stays in the dumps I guess the dividend
will amount to .00000600 tops in a week. Maybe it´ll be lower,
time will tell.
Adjust time: After 1086 Blocks, About 6.7 days
If this holds up and BTC stays in the dumps I guess the dividend
will amount to .00000600 tops in a week. Maybe it´ll be lower,
time will tell.
Don't worry, If the declining BTC and increasing difficulty don't give soon...... well i know some miners will be turning off before us, unless the ultimate flash crash comes and we are all doomed.
I must admit that with a decreasing price and an increasing difficulty
One will give in sooner or later although Bitstamp having issues as a sidenote might be a problem
Estimated Next Difficulty: 46,539,796,428 (+14.51%)
Adjust time: After 1086 Blocks, About 6.7 days
If this holds up and BTC stays in the dumps I guess the dividend
will amount to .00000600 tops in a week. Maybe it´ll be lower,
time will tell.
Adjust time: After 1086 Blocks, About 6.7 days
If this holds up and BTC stays in the dumps I guess the dividend
will amount to .00000600 tops in a week. Maybe it´ll be lower,
time will tell.
Don't worry, If the declining BTC and increasing difficulty don't give soon...... well i know some miners will be turning off before us, unless the ultimate flash crash comes and we are all doomed.
Estimated Next Difficulty: 46,539,796,428 (+14.51%)
Adjust time: After 1086 Blocks, About 6.7 days
If this holds up and BTC stays in the dumps I guess the dividend
will amount to .00000600 tops in a week. Maybe it´ll be lower,
time will tell.
Adjust time: After 1086 Blocks, About 6.7 days
If this holds up and BTC stays in the dumps I guess the dividend
will amount to .00000600 tops in a week. Maybe it´ll be lower,
time will tell.
Update:
1.1300+ transfer requests has been checked and verified.
If your transfer requests https://www.amhash.com/my/index.php?act=hashie_transfer status shows"Completed“,
then the hashpower and dividends(since 20141228) should show on your homepage https://www.amhash.com/my/index.php .
We are still dealing with more requests.
2.For those who want transfer shares to Havelock,we just help you transfer to AMHash.com to make sure each share is precise.
We're sorry for the inconvenient. You can submit your requests later.
3.We are still testing our deposit & withdraw system.
So,BTC withdraw is temporary unavailable.We will release it as soon as possible.
4.For Hashie user,please notice:
Only AMHash hashpower/miners can be transfer to AMHash.Other hashpower/miners purchased on Hashie,please contact Hashie.
Please check your hashpower https://amhash.com/hashie/index.php first before you submit request.
Otherwise your requests will be canceled or ignored.
THank you.
AMHash Team
1.1300+ transfer requests has been checked and verified.
If your transfer requests https://www.amhash.com/my/index.php?act=hashie_transfer status shows"Completed“,
then the hashpower and dividends(since 20141228) should show on your homepage https://www.amhash.com/my/index.php .
We are still dealing with more requests.
2.For those who want transfer shares to Havelock,we just help you transfer to AMHash.com to make sure each share is precise.
We're sorry for the inconvenient. You can submit your requests later.
3.We are still testing our deposit & withdraw system.
So,BTC withdraw is temporary unavailable.We will release it as soon as possible.
4.For Hashie user,please notice:
Only AMHash hashpower/miners can be transfer to AMHash.Other hashpower/miners purchased on Hashie,please contact Hashie.
Please check your hashpower https://amhash.com/hashie/index.php first before you submit request.
Otherwise your requests will be canceled or ignored.
THank you.
AMHash Team
is anyone else getting cloudflares ,almost everyday on havelock , or is it just me.
Maybe some attemps to hack the site
The mining contracts always seem to be sold out.
At AMHash they are sold out (new shares will be sold soon when BTC price will raise). But you can trade them at Havelock. There is a marketplace where you can sell/buy them like BTC/LTC at Bittrex.
what if I trust to website AMHhash only, but do not trust to website Havelockinvestments and especially Hashi ?
is anyone else getting cloudflares ,almost everyday on havelock , or is it just me.
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
Yeah, the price of Bitcoins has to fall to around $260-$280 due the maths in the macro economics involved in the older generations of crypto currencies.
Essentially, the currency has to many miners who are not investors or backer of crypto currencies, but these people are purely interested selling of their Bitcoins for Fiat currency e.g. Dollars, Pounds, Euros, etc. Therefore, they are simply mining to sell off their Bitcoins or whatever crypto currency and cash out into Fiat Currency.
Currently, what has been attempted has been to increase the mining difficulty to offset boom in demand for Bitcoins (boom is when prices go unrealistic levels in a short-term period compared to the long-term). The better policy would have been, the biggest holders of Bitcoin releasing some of their stockpiles to prevent the original booms in Bitcoins prices and buying Bitcoins back in slumps. For example: 30% of all the Bitcoins are owned by about 10 people, the entire price difference between a price of $276 per Bitcoin and $360 in $1 million dollar or 0.026% of the current market capitalization. Therefore, it should be impossible to have a boom in the Bitcoin price unless the people with the big holdings are not following macro economic rules.
The policy of pushing up the mining difficulty to maintain an unrealistic prices has caused a knock on reduction in miners willing to hold their Bitcoins for 2-100 years, this is because they need increase their hashing power to maintain their yields, which means a bigger demand for mining equipment (and cloud mining) purchases, which equates to more miners needing to sell Bitcoins or providers needing to sell Bitcoins for Fiat currency.
Alternatively, if the biggest holders had managed the price downwards it would have choked off Fiat Currency Profiteers entering the crypto currency market place in the 1st place.
A simple equation: the price profitability of being a miner should be below the value of doing extra hours of overtime in paid employments= choking out Fiat Currency Profiteers.
The other equation that matters is: each day the amount of people seeking to cash out into Fiat currency must equal the number of people seeking to buy in with Fiat currency, the price will go up or down according to imbalances in this equilibrium.
For example: Bitcoin S5 is $413. A Quality PSU is $160, a Raspberry PI is $56 and Postage is $30= $659.
In the USA (Current price of $278), with 50% jump in difficulty over 1 year results in profit a $678.5. If the person spends 1 hour each week on maintenance and research, this equals a wage of $13 per hour. Many people will reckon 1 hour of overtime in the office or in a factory would be easier then messing about with electronics?
However, this equation has been completely ridiculous when the price of Bitcoin was $800, per each hour invested by miner they made $56. Obviously, this was always going to attract Fiat Currency Profiteers!
Turning to hacking or theft of Bitcoins from major companies like MT.Gox. This has clearly, shaken the less informed investors interested in Bitcoin and other crypto currencies.
The design of Crypto Currency has a theoretical possibility of being a platform for zero theft existence for businesses and large investors.
The Bitcoin organisation or the original designers simply didn't see how close their crypto currency was to zero theft existence for businesses and private investors.
Essentially, the Bitcoin or new crypto-currency would set up a premium services for businesses to lock their wallet across the peer-to-peer network, up to 50-100% volume could be locked down according to operational needs. Therefore, not only would a hacker have to steal the wallet, break the encryption, but also contact the Organisation to move coins of that wallet in large volumes, consequently contacting Bitcoin would reveal their identity!
Secondly, looking at the owner of Mintpal stealing depositors Bitcoins, these Bitcoins ended up on in his wallet. As a peer to peer currency, people will publicly know or be able to trace his wallet with the stolen Bitcoins on and other people should be able to lock his wallet on the network through 40%-50% vote in favour. Therefore, making it impossible to to profit from the theft of that crypto currency. Peer to peer wallets for crypto currencies should have voting functions (like internet jury) to lock wallet of a person accused of stealing coins on the network.
At the end of day, most miners or cloud miners of Bitcoin would prefer lower Fiat prices for Bitcoins or Litecoins then turbo charged increases in mining difficulty, because if you plan to hold the currency for 2 years or more (1 year 8 month to next block halving) then a greater volume of Bitcoin on past expenditures is better each day then a higher Fiat currency price.
WOW this is alot of reading i about finished a cup of coffee reading this lol. I must say i am really proud of a new account that writes this kind of stuff. Alot of the new accounts i see just go on to complain and hide haha. In any case i agree with alot of the points you have made note of on here. Essentially, the currency has to many miners who are not investors or backer of crypto currencies, but these people are purely interested selling of their Bitcoins for Fiat currency e.g. Dollars, Pounds, Euros, etc. Therefore, they are simply mining to sell off their Bitcoins or whatever crypto currency and cash out into Fiat Currency.
Currently, what has been attempted has been to increase the mining difficulty to offset boom in demand for Bitcoins (boom is when prices go unrealistic levels in a short-term period compared to the long-term). The better policy would have been, the biggest holders of Bitcoin releasing some of their stockpiles to prevent the original booms in Bitcoins prices and buying Bitcoins back in slumps. For example: 30% of all the Bitcoins are owned by about 10 people, the entire price difference between a price of $276 per Bitcoin and $360 in $1 million dollar or 0.026% of the current market capitalization. Therefore, it should be impossible to have a boom in the Bitcoin price unless the people with the big holdings are not following macro economic rules.
The policy of pushing up the mining difficulty to maintain an unrealistic prices has caused a knock on reduction in miners willing to hold their Bitcoins for 2-100 years, this is because they need increase their hashing power to maintain their yields, which means a bigger demand for mining equipment (and cloud mining) purchases, which equates to more miners needing to sell Bitcoins or providers needing to sell Bitcoins for Fiat currency.
Alternatively, if the biggest holders had managed the price downwards it would have choked off Fiat Currency Profiteers entering the crypto currency market place in the 1st place.
A simple equation: the price profitability of being a miner should be below the value of doing extra hours of overtime in paid employments= choking out Fiat Currency Profiteers.
The other equation that matters is: each day the amount of people seeking to cash out into Fiat currency must equal the number of people seeking to buy in with Fiat currency, the price will go up or down according to imbalances in this equilibrium.
For example: Bitcoin S5 is $413. A Quality PSU is $160, a Raspberry PI is $56 and Postage is $30= $659.
In the USA (Current price of $278), with 50% jump in difficulty over 1 year results in profit a $678.5. If the person spends 1 hour each week on maintenance and research, this equals a wage of $13 per hour. Many people will reckon 1 hour of overtime in the office or in a factory would be easier then messing about with electronics?
However, this equation has been completely ridiculous when the price of Bitcoin was $800, per each hour invested by miner they made $56. Obviously, this was always going to attract Fiat Currency Profiteers!
Turning to hacking or theft of Bitcoins from major companies like MT.Gox. This has clearly, shaken the less informed investors interested in Bitcoin and other crypto currencies.
The design of Crypto Currency has a theoretical possibility of being a platform for zero theft existence for businesses and large investors.
The Bitcoin organisation or the original designers simply didn't see how close their crypto currency was to zero theft existence for businesses and private investors.
Essentially, the Bitcoin or new crypto-currency would set up a premium services for businesses to lock their wallet across the peer-to-peer network, up to 50-100% volume could be locked down according to operational needs. Therefore, not only would a hacker have to steal the wallet, break the encryption, but also contact the Organisation to move coins of that wallet in large volumes, consequently contacting Bitcoin would reveal their identity!
Secondly, looking at the owner of Mintpal stealing depositors Bitcoins, these Bitcoins ended up on in his wallet. As a peer to peer currency, people will publicly know or be able to trace his wallet with the stolen Bitcoins on and other people should be able to lock his wallet on the network through 40%-50% vote in favour. Therefore, making it impossible to to profit from the theft of that crypto currency. Peer to peer wallets for crypto currencies should have voting functions (like internet jury) to lock wallet of a person accused of stealing coins on the network.
At the end of day, most miners or cloud miners of Bitcoin would prefer lower Fiat prices for Bitcoins or Litecoins then turbo charged increases in mining difficulty, because if you plan to hold the currency for 2 years or more (1 year 8 month to next block halving) then a greater volume of Bitcoin on past expenditures is better each day then a higher Fiat currency price.
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
So maybe if those advocates of bitcoin could shut up completely
for a year and let more mainstream people do the talking to the
common man this would most likely bolster interest.
for a year and let more mainstream people do the talking to the
common man this would most likely bolster interest.
I myself am a bit libertarian, however i am more practical than libertarian, i love freedom but i also understand that the perfect society does not have any laws because they self regulate at the individual level, so no regulation is needed, laws are only needed to correct harmful social misconduct in the view of a long term sustainable future, this is not the case in the actual state of social evolution, right now to be libertarian is to be delusional if you do not understand this simple axiom.
So, as most of the people is just self-centered and therefore greedy, unfortunately a higher force is needed and this is called regulation, the social experiment of bitcoin will prove this right, the hard way sadly...
Exactly.
However, my analysis is half baked, because if we were the ones in the position of the "greedy Chinese", we will probably be doing the same, even when i think that i myself will try to implement some guild or cartel trying to get the other mine owners to implement rules of behaviour in order to extend the life of the ecosystem.
So Bitcoin is a beautiful but flawed initiative, because it could work in a situation where the individuals have more or less the same long term vision sense, like in the Star Trek's future, but not in early 21st century, i think this will collapse in less than 3 years if regulation or at least self regulation takes place.
Well, if it becomes general consensus that bitcoin is doomed
then that view will become oversold if you will and then the
marketplace will presumably take measures to ensure that it
survives. My belief in the rationality of healthy markets is
unshakable. There will be a tipping point, maybe a gigantic
scam much bigger than Mt. Gox or a major mining bankruptcy.
There is way too much complacency and penny stock-to the
moon mentality. A major shock could do wonders for reality
perception.
The mining contracts always seem to be sold out.
At AMHash they are sold out (new shares will be sold soon when BTC price will raise). But you can trade them at Havelock. There is a marketplace where you can sell/buy them like BTC/LTC at Bittrex.
Has anyone who transferred from hashie.co received a payment yet?
It was announced that payment whould be made on Monday (Jan. 6th).
The mining contracts always seem to be sold out.
Yeah, the price of Bitcoins has to fall to around $260-$280 due the maths in the macro economics involved in the older generations of crypto currencies.
Essentially, the currency has to many miners who are not investors or backer of crypto currencies, but these people are purely interested selling of their Bitcoins for Fiat currency e.g. Dollars, Pounds, Euros, etc. Therefore, they are simply mining to sell off their Bitcoins or whatever crypto currency and cash out into Fiat Currency.
Currently, what has been attempted has been to increase the mining difficulty to offset boom in demand for Bitcoins (boom is when prices go unrealistic levels in a short-term period compared to the long-term). The better policy would have been, the biggest holders of Bitcoin releasing some of their stockpiles to prevent the original booms in Bitcoins prices and buying Bitcoins back in slumps. For example: 30% of all the Bitcoins are owned by about 10 people, the entire price difference between a price of $276 per Bitcoin and $360 in $1 million dollar or 0.026% of the current market capitalization. Therefore, it should be impossible to have a boom in the Bitcoin price unless the people with the big holdings are not following macro economic rules.
The policy of pushing up the mining difficulty to maintain an unrealistic prices has caused a knock on reduction in miners willing to hold their Bitcoins for 2-100 years, this is because they need increase their hashing power to maintain their yields, which means a bigger demand for mining equipment (and cloud mining) purchases, which equates to more miners needing to sell Bitcoins or providers needing to sell Bitcoins for Fiat currency.
Alternatively, if the biggest holders had managed the price downwards it would have choked off Fiat Currency Profiteers entering the crypto currency market place in the 1st place.
A simple equation: the price profitability of being a miner should be below the value of doing extra hours of overtime in paid employments= choking out Fiat Currency Profiteers.
The other equation that matters is: each day the amount of people seeking to cash out into Fiat currency must equal the number of people seeking to buy in with Fiat currency, the price will go up or down according to imbalances in this equilibrium.
For example: Bitcoin S5 is $413. A Quality PSU is $160, a Raspberry PI is $56 and Postage is $30= $659.
In the USA (Current price of $278), with 50% jump in difficulty over 1 year results in profit a $678.5. If the person spends 1 hour each week on maintenance and research, this equals a wage of $13 per hour. Many people will reckon 1 hour of overtime in the office or in a factory would be easier then messing about with electronics?
However, this equation has been completely ridiculous when the price of Bitcoin was $800, per each hour invested by miner they made $56. Obviously, this was always going to attract Fiat Currency Profiteers!
Turning to hacking or theft of Bitcoins from major companies like MT.Gox. This has clearly, shaken the less informed investors interested in Bitcoin and other crypto currencies.
The design of Crypto Currency has a theoretical possibility of being a platform for zero theft existence for businesses and large investors.
The Bitcoin organisation or the original designers simply didn't see how close their crypto currency was to zero theft existence for businesses and private investors.
Essentially, the Bitcoin or new crypto-currency would set up a premium services for businesses to lock their wallet across the peer-to-peer network, up to 50-100% volume could be locked down according to operational needs. Therefore, not only would a hacker have to steal the wallet, break the encryption, but also contact the Organisation to move coins of that wallet in large volumes, consequently contacting Bitcoin would reveal their identity!
Secondly, looking at the owner of Mintpal stealing depositors Bitcoins, these Bitcoins ended up on in his wallet. As a peer to peer currency, people will publicly know or be able to trace his wallet with the stolen Bitcoins on and other people should be able to lock his wallet on the network through 40%-50% vote in favour. Therefore, making it impossible to to profit from the theft of that crypto currency. Peer to peer wallets for crypto currencies should have voting functions (like internet jury) to lock wallet of a person accused of stealing coins on the network.
At the end of day, most miners or cloud miners of Bitcoin would prefer lower Fiat prices for Bitcoins or Litecoins then turbo charged increases in mining difficulty, because if you plan to hold the currency for 2 years or more (1 year 8 month to next block halving) then a greater volume of Bitcoin on past expenditures is better each day then a higher Fiat currency price.
Essentially, the currency has to many miners who are not investors or backer of crypto currencies, but these people are purely interested selling of their Bitcoins for Fiat currency e.g. Dollars, Pounds, Euros, etc. Therefore, they are simply mining to sell off their Bitcoins or whatever crypto currency and cash out into Fiat Currency.
Currently, what has been attempted has been to increase the mining difficulty to offset boom in demand for Bitcoins (boom is when prices go unrealistic levels in a short-term period compared to the long-term). The better policy would have been, the biggest holders of Bitcoin releasing some of their stockpiles to prevent the original booms in Bitcoins prices and buying Bitcoins back in slumps. For example: 30% of all the Bitcoins are owned by about 10 people, the entire price difference between a price of $276 per Bitcoin and $360 in $1 million dollar or 0.026% of the current market capitalization. Therefore, it should be impossible to have a boom in the Bitcoin price unless the people with the big holdings are not following macro economic rules.
The policy of pushing up the mining difficulty to maintain an unrealistic prices has caused a knock on reduction in miners willing to hold their Bitcoins for 2-100 years, this is because they need increase their hashing power to maintain their yields, which means a bigger demand for mining equipment (and cloud mining) purchases, which equates to more miners needing to sell Bitcoins or providers needing to sell Bitcoins for Fiat currency.
Alternatively, if the biggest holders had managed the price downwards it would have choked off Fiat Currency Profiteers entering the crypto currency market place in the 1st place.
A simple equation: the price profitability of being a miner should be below the value of doing extra hours of overtime in paid employments= choking out Fiat Currency Profiteers.
The other equation that matters is: each day the amount of people seeking to cash out into Fiat currency must equal the number of people seeking to buy in with Fiat currency, the price will go up or down according to imbalances in this equilibrium.
For example: Bitcoin S5 is $413. A Quality PSU is $160, a Raspberry PI is $56 and Postage is $30= $659.
In the USA (Current price of $278), with 50% jump in difficulty over 1 year results in profit a $678.5. If the person spends 1 hour each week on maintenance and research, this equals a wage of $13 per hour. Many people will reckon 1 hour of overtime in the office or in a factory would be easier then messing about with electronics?
However, this equation has been completely ridiculous when the price of Bitcoin was $800, per each hour invested by miner they made $56. Obviously, this was always going to attract Fiat Currency Profiteers!
Turning to hacking or theft of Bitcoins from major companies like MT.Gox. This has clearly, shaken the less informed investors interested in Bitcoin and other crypto currencies.
The design of Crypto Currency has a theoretical possibility of being a platform for zero theft existence for businesses and large investors.
The Bitcoin organisation or the original designers simply didn't see how close their crypto currency was to zero theft existence for businesses and private investors.
Essentially, the Bitcoin or new crypto-currency would set up a premium services for businesses to lock their wallet across the peer-to-peer network, up to 50-100% volume could be locked down according to operational needs. Therefore, not only would a hacker have to steal the wallet, break the encryption, but also contact the Organisation to move coins of that wallet in large volumes, consequently contacting Bitcoin would reveal their identity!
Secondly, looking at the owner of Mintpal stealing depositors Bitcoins, these Bitcoins ended up on in his wallet. As a peer to peer currency, people will publicly know or be able to trace his wallet with the stolen Bitcoins on and other people should be able to lock his wallet on the network through 40%-50% vote in favour. Therefore, making it impossible to to profit from the theft of that crypto currency. Peer to peer wallets for crypto currencies should have voting functions (like internet jury) to lock wallet of a person accused of stealing coins on the network.
At the end of day, most miners or cloud miners of Bitcoin would prefer lower Fiat prices for Bitcoins or Litecoins then turbo charged increases in mining difficulty, because if you plan to hold the currency for 2 years or more (1 year 8 month to next block halving) then a greater volume of Bitcoin on past expenditures is better each day then a higher Fiat currency price.
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