Topic: [ANN][MEOW] KittehCoin Relaunch IS HERE!!!! - page 124. (Read 223059 times)

it looks like multipools dump for any price just bought some cheap 29 satoshi MEOW's!

  I think it will never hit more than 200 satoshi.......

Is there any chance we get forked because of multipools? jumps between 1gh and 30gh seem very risky for me.
I'm in this coin longterm, I've started this mining thing late December 13, have been mining Kittehcoin from day 1, I've been mining until this multipool story began, but still I've been mining other altcoins and buying all kittehs I can afford. I've strongest faith in this coin, and devs are superb. Also all my friends are in this coin with all of their funds.
I'm pretty much sure that when coin new specs kick in - price will go to 150+ satoshi. After that, when we get KGW and get stable 10GH network - the price will go 1000+ satoshi. At current Doge level success with 50gh+ - fair price is going to be 5k+ satoshi. And ofcourse after block halving at 200k - 10k+ satoshi. But my price tag is infinity, I'm in this coin to buy real life things in this currency, and won't be touching my kittehcoin until 10k satoshi for sure, only after that I will start buying something for this coin.

So what for are these prices i'm listing here? I just want to tell that new specs kick in will not help us with multipools, because prices will go up. I just have a question, why can't we move new spec closer, and KGW closer just like leafcoin did? Because of all these multipool things - we can't promote this coin, because noone wants to join a coin being raped by multipools.

889496794 = .88 mh
124240 is the block number.

No one is mining, cept the multipools every few hrs it goes up for about 30 mins.
If they were not bringing up the hash rate it would be a month before it hits 131xxx block.

Only cure is to mine the coin at this point.
Mess with the block chain and can cause problems.

It is up to you all what happens how fast.

if you are that impatient just sell for cheap

When MEOW UP? To sell or hold? I don't have enough patience!I am already ready to merge everything at the small price

Lets go up MEOW 

According to latest update from dev's, KGW will be in next fork, atleast the extra time can mean extra features  ; )



also there are whispers of moving fork closer

If you guys don't know. Here is the dev's twitter. https://twitter.com/KittehCoinTeam

ya we definitely will see a decline. they will not be able to attack the coin like they currently are doing.

Let's keep in mind that the upcoming change to 60 second block time will half the profitability of mining this coin.

I suspect we should see a decline in multipools as a result of this.

This is the risk I was talking about 1 or 2 weeks ago already, when MEOW wasn't on cryptsy or coinwarz. That wasn't really hard to guess, every single coin on cryptsy/coinwarz has this problem right now, even those with a much shorter diff retarget, or even a retarget at each block (but not with KGW).
Too bad the next fork does not have the KGW, because it will really need it. Currently diff is jumping between 10.26 and 41.041 because of the 4x max factor.
These past few days, we're only getting 700 blocks per day instead of 2880. So the fork will not happen before 11 or 12 days. Because of this situation, I'm pretty sure the dev will change their plan, as leaf's dev's did, and other coin dev's also did.

 

Basically any transactions you do happen in the current block, and are confirmed in the next block. This means if you send MEOW to a friend in block 10,003 then it won't be "official" until block 10,004 has been written (and propagated across the network i.e. X confirmations). If a multipool comes in while diff is low (which they tend to do) they "trick" the algorithm that calculates the next difficulty rating (for MEOW this happens every 120 blocks right now) and make it super high. The multipool leaves, the diff is high, and instead of the ideal time of 30 seconds (for MEOW) per block, it sets up to be much longer (maybe 10+ minutes). If your interaction with the system happens during these "slow block" periods then you get stuck waiting for blocks to be solved before your transfer is official.

Some of the delay is due to the multipools leaving after their influenced difficulty rise.. leaving the block time super high with confirm times increased.

Also new trick, with wallet open and coins not getting confirmed, start a instance of cpuminer on the coin you are trying to move.
any pool for the coin.. along with your wallet, the miner will grab network attention, you may even process your own transaction
Seems to help a lot, try it.

In the cpuminer folder from a command prompt (gives admin privilege) mine is user/xxxxxxx/cpuminer/xxxxx.cmd

minerd --url=stratum+tcp://kitteh.247mining.com:3335 --userpass=YourNameonpool.Yourworkeronpool:Anypassword

That is the info to edit and put in the command file you create: ie: MyKitteh.cmd is how to name it.

If you learn this it will keep you from getting bored, and those who know all this - please ignore

Yeah, Cryptsy is uber slow. Best to deposit 12 hours before you need it.

Thanks for the info.