a simple calculation..
multipool usually pays ~0.0035/Mh/Day
the official multipool has around 150Mh
that will be 0.525BTC
which can buy out all sell order in bittrex(it doesn't show all)
or buy up to 0.57 at poloniex.....
buy while it still cheap
after the multipool start to buy, the price should be stand above 0.5 easily
which is a 25% up from the current price(0.4)
multipool usually pays ~0.0035/Mh/Day
the official multipool has around 150Mh
that will be 0.525BTC
which can buy out all sell order in bittrex(it doesn't show all)
or buy up to 0.57 at poloniex.....
buy while it still cheap
after the multipool start to buy, the price should be stand above 0.5 easily
which is a 25% up from the current price(0.4)
why buying sell orders ?
set a buy order at actual Price and wait for other multipool dumps to fill it.
the difference between actual buy and sell orders are sometimes more as 10%
so why help sellers to make Money ?
this is usually good when the coin is dead or not so alive, if the coin has a lot of interest it is better to buy directly the wall
i agree, and also our multi would be better off buying up the sell wall, the entire reason people are mining this multi is because they want SYNC. they don't want to 'gamble' for SYNC, they want to obtain SYNC. I don't think it's a good idea for our multi to be putting buy orders in, this could so easily backfire.
maybe this could be the way if mining is over, but actual you see the multipools (screenshot from another user some sites ago) mining sync and sell them (Price Charts and orderbook say the same). so why dont use that ?
because relying on buy orders is going to lengthen both the time it takes for miners to receive their SYNC and also the time it takes to push up the price.
buying directly on the sell wall will ensure cheap SYNC for a good duration (combatting the other multi's) and then after PoW, it will continue pushing up the price. Otherwise, all you are doing is servicing the other multi's, and not directly competing with them.
