Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6967. (Read 9723475 times)
February 08, 2014, 07:55:52 PM
you guys see that buy order on C-Cex?
February 08, 2014, 07:54:37 PM
network speed has fallen with 300 MH/s
drk.coinmine.pl has fallen 600 MH/s
seems like its going downward now
drk.coinmine.pl has fallen 600 MH/s
seems like its going downward now
Aaaaaaaand it's back.
February 08, 2014, 07:53:42 PM
I believe we should consider a re-launch, we need to somehow figure out at way of preventing this shit. All other cryptos are basically lost cause to me, this one was the light in the tunnel - and now poof!
Don't worry, after this guy realizes mining this coin at this time with that kind of power is not profitable, he'll bail.
February 08, 2014, 07:52:56 PM
network speed has fallen with 300 MH/s
drk.coinmine.pl has fallen 600 MH/s
seems like its going downward now
drk.coinmine.pl has fallen 600 MH/s
seems like its going downward now
Aaaaaaaand it's back.
February 08, 2014, 07:50:19 PM
network speed has fallen with 300 MH/s
drk.coinmine.pl has fallen 600 MH/s
seems like its going downward now
drk.coinmine.pl has fallen 600 MH/s
seems like its going downward now
Aaaaaaaand it's back.
February 08, 2014, 07:42:18 PM
network speed has fallen with 300 MH/s
drk.coinmine.pl has fallen 600 MH/s
seems like its going downward now
drk.coinmine.pl has fallen 600 MH/s
seems like its going downward now
February 08, 2014, 07:41:59 PM
...
So, I am sure BTC price will go up again very quickly, but the problem is to know "when?" will happen that, so, what was to "lower" threshold goal that this "elite" is trying to achieve.
So, I am sure BTC price will go up again very quickly, but the problem is to know "when?" will happen that, so, what was to "lower" threshold goal that this "elite" is trying to achieve.
It depends on each cycle. There is no singular goal of "we want the price at that level". They create the waves by stirring the waters and then they ride the waves like masters.
If you make an excel sheet and start with initial capital = 200k BTC and add just 10% to it in every cycle by those dumping due to a catastrophic rumor/news item etc (and you buying the dip), by the 17th cycle you have 1m BTC.
By cycle 42 you are at 10m BTC. It's "a long game" that takes months and years, but they are not impatient like the average joe. They are assured of their success because their plan is fail-proof and mathematically sound.
February 08, 2014, 07:38:24 PM
I believe we should consider a re-launch, we need to somehow figure out at way of preventing this shit. All other cryptos are basically lost cause to me, this one was the light in the tunnel - and now poof!
it will recover dont worry, this guy/bunch of guys are here for the weekend.. and then they will try and sell it marked price will crash, but it will recover, so it will be another way of getting some cheap coins February 08, 2014, 07:35:14 PM
I believe we should consider a re-launch, we need to somehow figure out at way of preventing this shit. All other cryptos are basically lost cause to me, this one was the light in the tunnel - and now poof!
February 08, 2014, 07:30:15 PM
I'd deal with 40 but it looks like our whaler is hanging around a bit longer. I'm paying per hour on most of my power which I'm very sadly shutting down right now 
The market for this coin doesn't match this difficulty.. my home computers will stay on though to support fixing this when this guy bails. Later all.
thats the best anyone can do atm The market for this coin doesn't match this difficulty.. my home computers will stay on though to support fixing this when this guy bails. Later all. February 08, 2014, 07:29:14 PM
I don't think they see BTC as a threat. They could take control if they wanted just through huge BTC purchases with newly printed dollars. They're leaving it alone. I think there are other plans in the works for BTC.
They don't need to print anything. The manipulation mechanism for BTC is through the news.
One bad news report = investors offloading / Elite controllers buying low.
If you repeat the cycle of rise and fall for like a few hundred times where you get like 3-5-10% differences (and there are cases where the drop is more impressive like from 1200 down to 700), it's just a matter of time before you end up with half the BTC supply in your hands.
Control the political decisions & the news = control the market. And they are doing that alright because people are ignorant of the dynamics.
damn, I wish you weren't so on the money.
In finance knowing/forecasting the future is the second most prized ability.
The first most prized ability is being in the position to actually control the future landscape by designing the parameters, thus being able to know how the market is going to move and capitalize on it against all the others who live in ignorance and uncertainty.
For "commoners", the most prized ability is knowing the above two rules of finance. And yes, it's a sad reality with the economic patterns but the elite will simply do what they know how to do. The manipulation patterns in Bitcoin are no different than the patterns used in the past for oil, gold etc. You could have soaring demand and actual shortages in physical gold and then an item pops up that "Cyprus is selling its gold" and you have the price tumbling when people can't even find the actual metal on the market.
The changes between commodities and btcs are mostly in the nature of the news items and political decisions as well as the lack of financial instruments for the bitcoin market (unlike paper gold / paper oil with multiple size trading than the actual commodity). If they make financial instruments for bitcoin = they have indirectly legalized it so they have to play the news game more.
Exactly. If they wanted BTC killed it would have been dead a long time ago. Hence they have other plans for BTC.
February 08, 2014, 07:27:58 PM
I'd deal with 40 but it looks like our whaler is hanging around a bit longer. I'm paying per hour on most of my power which I'm very sadly shutting down right now The market for this coin doesn't match this difficulty.. my home computers will stay on though to support fixing this when this guy bails. Later all.
The market for this coin doesn't match this difficulty.. my home computers will stay on though to support fixing this when this guy bails. Later all. February 08, 2014, 07:27:07 PM
I don't think they see BTC as a threat. They could take control if they wanted just through huge BTC purchases with newly printed dollars. They're leaving it alone. I think there are other plans in the works for BTC.
They don't need to print anything. The manipulation mechanism for BTC is through the news.
One bad news report = investors offloading / Elite controllers buying low.
If you repeat the cycle of rise and fall for like a few hundred times where you get like 3-5-10% differences (and there are cases where the drop is more impressive like from 1200 down to 700), it's just a matter of time before you end up with half the BTC supply in your hands.
Control the political decisions & the news = control the market. And they are doing that alright because people are ignorant of the dynamics.
damn, I wish you weren't so on the money.
In finance knowing/forecasting the future is the second most prized ability.
The first most prized ability is being in the position to actually control the future landscape by designing the parameters, thus being able to know how the market is going to move and capitalize on it against all the others who live in ignorance and uncertainty.
For "commoners", the most prized ability is knowing the above two rules of finance. And yes, it's a sad reality with the economic patterns but the elite will simply do what they know how to do. The manipulation patterns in Bitcoin are no different than the patterns used in the past for oil, gold etc. You could have soaring demand and actual shortages in physical gold and then an item pops up that "Cyprus is selling its gold" and you have the price tumbling when people can't even find the actual metal on the market.
The changes between commodities and btcs are mostly in the nature of the news items and political decisions as well as the lack of financial instruments for the bitcoin market (unlike paper gold / paper oil with multiple size trading than the actual commodity). If they make financial instruments for bitcoin = they have indirectly legalized it so they have to play the news game more.
February 08, 2014, 07:26:29 PM
February 08, 2014, 07:24:52 PM
V&!
[/quote]
February 08, 2014, 07:24:43 PM
network hashing rate is beginning to fall
Is is possible you think for that hog miner to ditch at the last few blocks so he doesnt drive the diff up? then when the adjustment gets made he can come back in and mine more at continued low diff?
you cant do that with just a few blocks before diff change, it looks at the overall number of blocks that goes between diff change and averages out on all how large the next diff should be to get to the target mining speed.
right now we hit the "max change in diff = diff * 4"
February 08, 2014, 07:22:25 PM
network hashing rate is beginning to fall
Is is possible you think for that hog miner to ditch at the last few blocks so he doesnt drive the diff up? then when the adjustment gets made he can come back in and mine more at continued low diff?
February 08, 2014, 07:18:06 PM
network hashing rate is beginning to fall
February 08, 2014, 07:14:30 PM
I don't think they see BTC as a threat. They could take control if they wanted just through huge BTC purchases with newly printed dollars. They're leaving it alone. I think there are other plans in the works for BTC.
They don't need to print anything. The manipulation mechanism for BTC is through the news.
One bad news report = investors offloading / Elite controllers buying low.
If you repeat the cycle of rise and fall for like a few hundred times where you get like 3-5-10% differences (and there are cases where the drop is more impressive like from 1200 down to 700), it's just a matter of time before you end up with half the BTC supply in your hands.
Control the political decisions & the news = control the market. And they are doing that alright because people are ignorant of the dynamics.
damn, I wish you weren't so on the money.
February 08, 2014, 07:10:40 PM
I don't think they see BTC as a threat. They could take control if they wanted just through huge BTC purchases with newly printed dollars. They're leaving it alone. I think there are other plans in the works for BTC.
They don't need to print anything. The manipulation mechanism for BTC is through the news.
One bad news report = investors offloading / Elite controllers buying low.
If you repeat the cycle of rise and fall for like a few hundred times where you get like 3-5-10% differences (and there are cases where the drop is more impressive like from 1200 down to 700), it's just a matter of time before you end up with half the BTC supply in your hands.
Control the political decisions & the news = control the market. And they are doing that alright because people are ignorant of the dynamics.
damn, I wish you weren't so on the money.
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