Topic: [ANN] Bytecent - Blockchain Powered Social Rewards Network - Bytecent.com - page 95. (Read 160297 times)
April 01, 2015, 07:54:29 PM
The price is falling down day by day.
April 01, 2015, 07:43:49 PM
I personally think it's someone trying to kill hurt the coin. Why else would someone dump that low? if they just wanted to exit the market they would sell slowly to earn the most bitcoin, but this person didn't seem to care about that so I'm thinking they wanted to hurt the market.
This is a good example of why the new upcoming exchange is so important, my understanding is that the new exchange won't allow things like this to happen.
This is a good example of why the new upcoming exchange is so important, my understanding is that the new exchange won't allow things like this to happen.
JJ and I were chatting in DM when it happened. The person actually had a sell wall of 5000+ coins, and I had purchased Bitcoins to snap them up. Unfortunately, he decided to dump them before the Bitcoins were confirmed.
I am finishing up the latest podcast and I go into details about the new exchange. Soon we will not have to worry about this kind of nonsense.
April 01, 2015, 06:27:46 PM
I personally think it's someone trying to kill hurt the coin. Why else would someone dump that low? if they just wanted to exit the market they would sell slowly to earn the most bitcoin, but this person didn't seem to care about that so I'm thinking they wanted to hurt the market.
This is a good example of why the new upcoming exchange is so important, my understanding is that the new exchange won't allow things like this to happen.
This is a good example of why the new upcoming exchange is so important, my understanding is that the new exchange won't allow things like this to happen.
April 01, 2015, 06:22:38 PM
ya i saw, but its coming back up pretty fast.
April 01, 2015, 06:13:12 PM
what just happened? someone just dumped hard
edit: i'm adding some buy support, i suggest others do the same
edit: i'm adding some buy support, i suggest others do the same
April 01, 2015, 03:36:19 PM
We do have customers from Germany. Make sure you enter +49 and your number. Our system will automatically call your phone.
thanks, i read only USa and frane and i think that is only for this countrys.
April 01, 2015, 02:24:42 PM
Bytecent PoM per 60 mins requirement has increased from 70 to 105 BYC within the last 24 hours.
Is the PoM target requirement linked directly to difficulty and/or to other factors such as block count etc. ?
Can't find that information easily with Bytecent being closed source currently.
Is the PoM target requirement linked directly to difficulty and/or to other factors such as block count etc. ?
Can't find that information easily with Bytecent being closed source currently.
POM is based on multiple factors, but price is one.
April 01, 2015, 02:13:35 PM
We do have customers from Germany. Make sure you enter +49 and your number. Our system will automatically call your phone.
April 01, 2015, 02:08:03 PM
Bytecent PoM per 60 mins requirement has increased from 70 to 105 BYC within the last 24 hours.
Is the PoM target requirement linked directly to difficulty and/or to other factors such as block count etc. ?
Can't find that information easily with Bytecent being closed source currently.
Is the PoM target requirement linked directly to difficulty and/or to other factors such as block count etc. ?
Can't find that information easily with Bytecent being closed source currently.
I believe price is also a factor. Since you can buy more coins when the price is low it makes sense for POM to be higher. As the price goes up, the number of coins you need to mine will go down. We don't know the exact algorithm since is closed source but I know the dev said price is a factor.
ProTip: Buy coins now while they're cheap so when the price goes up you can mine longer
yes my understanding was it was based on price, volume, and difficulty, and it adjusts every 24 hours.
JJ
April 01, 2015, 10:47:54 AM
April 01, 2015, 09:58:59 AM
Bytecent PoM per 60 mins requirement has increased from 70 to 105 BYC within the last 24 hours.
Is the PoM target requirement linked directly to difficulty and/or to other factors such as block count etc. ?
Can't find that information easily with Bytecent being closed source currently.
Is the PoM target requirement linked directly to difficulty and/or to other factors such as block count etc. ?
Can't find that information easily with Bytecent being closed source currently.
I believe price is also a factor. Since you can buy more coins when the price is low it makes sense for POM to be higher. As the price goes up, the number of coins you need to mine will go down. We don't know the exact algorithm since is closed source but I know the dev said price is a factor.
ProTip: Buy coins now while they're cheap so when the price goes up you can mine longer
March 31, 2015, 08:20:17 AM
Bytecent PoM per 60 mins requirement has increased from 70 to 105 BYC within the last 24 hours.
Is the PoM target requirement linked directly to difficulty and/or to other factors such as block count etc. ?
Can't find that information easily with Bytecent being closed source currently.
Is the PoM target requirement linked directly to difficulty and/or to other factors such as block count etc. ?
Can't find that information easily with Bytecent being closed source currently.
March 31, 2015, 08:16:39 AM
1 BCY after 60 minutes? hmkay
1BYC after 60 minutes is better than average. On average only 1440 coins are mined per day in total.
ahh okay
thanks for this info 
March 31, 2015, 07:49:14 AM
1 BCY after 60 minutes? hmkay
1BYC after 60 minutes is better than average. On average only 1440 coins are mined per day in total.
March 31, 2015, 07:46:59 AM
1 BCY after 60 minutes? hmkay
March 29, 2015, 08:13:01 PM
I have made some significant changes to the way payouts are handled at the mining system. The block reward number on the clients will somewhat incorrect until the next client version is released. These changes include a new algorithm that balances payouts partially based on the number of blocks found for the pool. This helps to keep everything fair, and make it significantly harder for cheaters to gain any sort of advantage in the system.
The new algorithm appears to be working well, based on the data from the past few blocks we finally did find. Payouts may be a bit whonky until the algorithm normalizes everyone's balances a little more.
Some concerns came up over the past 24 hours about some miners who may have been taking advantage of the mining system, and those issues have been dealt with. While I am allowing them to continue to mine in the pool, they no longer have the ability to abuse the system. The new system of calculating payouts that will keep these miners curtailed until they start finding blocks. It is my responsibility is to make sure that the system is fair to everyone, and I will do my best to make sure that that is the case.
As always, if you have any questions or concerns, let me know!
JJ
The new algorithm appears to be working well, based on the data from the past few blocks we finally did find. Payouts may be a bit whonky until the algorithm normalizes everyone's balances a little more.
Some concerns came up over the past 24 hours about some miners who may have been taking advantage of the mining system, and those issues have been dealt with. While I am allowing them to continue to mine in the pool, they no longer have the ability to abuse the system. The new system of calculating payouts that will keep these miners curtailed until they start finding blocks. It is my responsibility is to make sure that the system is fair to everyone, and I will do my best to make sure that that is the case.
As always, if you have any questions or concerns, let me know!
JJ
March 28, 2015, 05:14:56 PM
A couple of us over at 'my other thread' have been playing with this site - http://asciiart.club/
So I decided to make a wee thang for #Bytecent too:-
(So you thought BBcode wasn't very sophisticated, huh?)
,,wgg▄≡≡╫▒▒▒▒▒▌╫≡≡▄▄g╓,,
,w▄╫█▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒█▌▄g,
,g▄█▒▒▒▒▒▒▀▀╙"` `²╙╩▀▒▒▒▒▒▒█▄g,
,g▒▒▒▒▒▒▀╙` `╙▀▒▒▒▒▒▒g,
╓▄█▒▒▒▀╝ ²▀▒▒▒▒▌y
g▒▒▒▒▒╝ ²▒▒▒▒█╖
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▒▒▒▒▒▒▒▒▒▒▌ ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ ,▒▒▒▒`
╙▒▒▒▒▒▒▒▒▒▌ ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒░ ,▒▒▒▒╛
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╚▒▒▒▒▒g, ,g▒▒▒▒▒Ñ
²▀▓▒▒▒▌▄, ,,g▒▒▒▒▒▀╛
╙▀▒▒▒▒█▌▄µ, ,,µ▄▒█▒▒▒▒▀╝`
`╩▀▒▒▒▒▒▒█▌≡▄▄ggg¿¿¿¿ggg▄▄≡▒█▒▒▒▒▒▒▀▀²
╙╩▀▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▀▀╙`
``²╙╙╜╜╝╜╙╙²``
have been playing with this site - http://asciiart.club/So I decided to make a wee thang for #Bytecent too:-
(So you thought BBcode wasn't very sophisticated, huh?)
,,wgg▄≡≡╫▒▒▒▒▒▌╫≡≡▄▄g╓,,
,w▄╫█▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒█▌▄g,
,g▄█▒▒▒▒▒▒▀▀╙"` `²╙╩▀▒▒▒▒▒▒█▄g,
,g▒▒▒▒▒▒▀╙` `╙▀▒▒▒▒▒▒g,
╓▄█▒▒▒▀╝ ²▀▒▒▒▒▌y
g▒▒▒▒▒╝ ²▒▒▒▒█╖
╓█▒▒▒▒╛ ╙▒▒▒▒█╖
,▒▒▒▒▒▌ p▄▄▄▄▄▄▄▄▄▄▄▄gw. ╙▒▒▒▒▒,
g█▒▒▒▒▒▌ ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒█▌y ╙▒▒▒█╗
@▒▒▒▒▒▒▒▌ ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▌ ▒▒▒▒▌
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╙▒▒▒▒▒▒▒▒▌ ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒` ,▒▒▒▓╛
╙▒▒▒▒▒▒▒▌ ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒` ╓█▒▒▒╛
▒▒▒▒▒▒▌ ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▀╛ ,▒▒▒▒▒`
²▒▒▒▒▒, ```````````` ,▄█▒▒▒╝
╚▒▒▒█▄y ,▄█▒▒▒Ñ
╚▒▒▒▒▒g, ,g▒▒▒▒▒Ñ
²▀▓▒▒▒▌▄, ,,g▒▒▒▒▒▀╛
╙▀▒▒▒▒█▌▄µ, ,,µ▄▒█▒▒▒▒▀╝`
`╩▀▒▒▒▒▒▒█▌≡▄▄ggg¿¿¿¿ggg▄▄≡▒█▒▒▒▒▒▒▀▀²
╙╩▀▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▀▀╙`
``²╙╙╜╜╝╜╙╙²``
March 27, 2015, 03:21:19 AM
Please fix wallet, thanks
Please visit the official forum for the solution, thanks.
March 27, 2015, 03:14:22 AM
Please fix wallet, thanks
March 25, 2015, 06:43:39 PM
LOL Being a Celt, I come from a long, long line of 'warrior-poets'. The family has a connection to 'Braveheart' Wallace & the 'Border Reivers' 
...anyhoo, you might not be so impressed if you knew where those LYRICS come from originally. I didn't even dare post the YouTube link for fear my politics would be TOTALLY mis-interpreted
(I'm a full-on humanist/anarchist, for the record.)
...anyhoo, you might not be so impressed if you knew where those LYRICS come from originally. I didn't even dare post the YouTube link for fear my politics would be TOTALLY mis-interpreted
(I'm a full-on humanist/anarchist, for the record.)
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