Topic: [BBR] Boolberry: Privacy and Security - Guaranteed Since 2014 - page 346. (Read 1210783 times)

haha, looks like you have a fan tacotime. There is a satoshi alias too!, I doubt it is the real Satoshi's either  

I have no idea whose alias that is, but it's not mine.

Great post! There might be some unfair expectations and a whole lot of speculation really.

It is all about Supply and Demand. Problem is, how do you drive demand?

+1

and it´s not benefits from endless talking about the price and +2500 long threads with post like "to the moon".

Most people searching for someone culprit, when something happen what there don´t like. Like a falling price in his own investment.
They say it must be cbuchner1, Darkota the FUD Troll, the Poloniex Trollbox, or a Botnet.
And if it not one of that then it must be a phantom like a rogue miner or a backdoor in Wild Keccak Algorithm.
It´s tough to accept that is a question of supply and demand.

And like dga says,  Boolberry has a hight inflation now.

On this stage Boolberry is highly speculative like all other Alt-coins,
and not suitable outside of the cryptoworld.

This is alpha software an need time to develop and find usefulness in outside the cryptoworld.

All money that is inside boolberry now is pure speculative money. A Market Cap of 125K US$ in 2 and 1/2 months is a lot in my opinion.

 
   

LOL, why would BBR be a threat? especially when there are other, self proclaimed anonymous coins, that have a much higher valuation than BBR. I am sorry, it doesn't make any sense. You can see smooth posted earlier in this thread although not sure why he wanted Christian to keep the miner private. IMO he should have discouraged it. But he follows the coin I am guessing. tacotime also has a BBR alias registered in his name. I also know at least a few other XMR holders who also like BBR. Yes they don't exclusively "push" BBR, but can you blame them? It is economics after all. I am sorry this is a wild theory.

But as I typed this, I can see where you are coming from. Sorry if I sounded more dismissive.

I don't believe it's a botnet, I suppose it could be a buyer looking to accumulate qty as cheaply as possible, but they would presumably understand there becomes a point where the price drops so low- catching a continuously falling knife seems like a losing proposition, miners have more profitable ventures to chase, buyers become disheartened totally-  the coin can be seen as dead in the market and very tricky to revive at that point.

Don't think any rational person interested in increasing BBR holdings would be making such a move in that case. I wouldn't beleive it's few entities looking to exit totally either, anyone (especially someone with quantity to sell) can see the buy support is paltry and would definitely be better served selling off-market than dragging the price down gradually.

Could be jealous older brother who has always disliked younger brother BBR and wants to switch life support off, with younger bro out the way spotlight is fully on them, It does not take much to kill the coin at this rate. An interesting experiment would be to wipe the orderbooks out to 0.0000x range and see what happens.  We already are @ -3550% XMR market cap, despite this being the stronger coin in a number of ways. It shouldn't be such an uphill battle but it will be.

but its going to be not profitable if this trend continues? i guess you are not going to hold any bbr, and don't care about the trend..

Seems like you care a lot.   Which is ok. I would rather try to dig deeper than just say Option 1, no Option 2. Are you saying this "rogue miner" has found an exploit in Wild Keccak and is producing more coins than through OpenCL/GPU/CPU/publicly available miners ?

For some reason I thought you were insinuating towards botnet ops which wouldn't make sense, since there are plenty of coins, not just XMR, which are far more profitable with botnets. It seems like this is not what you meant.

Let's keep this debate going. I appreciate your input.

No you're not the devil.  You are under no obligation to release anything.  You never said you would.  Neither is cbuchner1.  I have stated as much in previous posts.  You guys deserve to profit from your work.  I have no problem with that.  My issue is with an individual saying they will release a miner once pool stratum support is developed.  Well it was developed and the miner wasn't released.  I even donated to the bounty and I don't even mine with Nvidia cards.  I thought it was in the best interest of the coin to get a GPU miner released.  Then said individual basically taunts everyone by saying that they're glad for the downward trend because their little home farm will find more blocks.  That's pretty crappy.

I consider myself a speculator and as such I know the risks I am taking.  But I base those risks off of the information I have available.  I speculated that an open source GPU miner would be good for the distribution and stability of BBR.  I contributed to a bounty that was to be given to an individual that stated they would release their miner once the pool support was done.  They did not follow through on what they said.  Therefore the information I had available was bad information.  Regardless, I haven't suffered any losses due to this and even if I did the only individual that would bear responsibility would be myself.  I'm a grown man and responsible for the things I do.  My issue is with people not doing what they say they are going to do and then putting icing on the cake and mocking the people in this thread. 

You can release your miner or not release your miner.  That's your choice.  However I don't see much value in not releasing it since this coin is going to die unless the distribution starts to balance out more and more people are able to mine it and actually have a chance at getting coins.  Soon there won't be any buyers on the exchanges so you won't be able to sell the coins you mine anyway.  You can only dump a coin so low before it won't come back and I think that we are getting close to that point.

       

So why is the price falling again?

sigh.  You're making me want even more to team up with someone to collect anecdotes from miners about this kind of stuff.  Someone should write a book in a year or two about the economics and technological dynamics of the alt-coin mining scene.  It's great stuff.

I haven't been involved in a coin yet where someone didn't have a 4x advantage or more at some point.  PTS, RIC, XMR, BBR, you name it.  People should have *seen* the gleeful chat in ypool when jh00 let a few people beta test the ypool miner before he released it publicly.  BBR was, oddly enough, one of the more fair ones, simply because the CPU implementation of Wild Keccak was pretty reasonable.  The GPU gap was decent, but certainly not worse than other coins.

But, seriously, the long game isn't about mining.  There's short term money in mining, of course, but that's not really the fundamental thing going on.  The market and the technology drives the miners, not the other way around.  That's the beauty of the mining difficulty feedback loop:  Mining shouldn't be profitable (at least, beyond any other application of capital).  The only catch to that is that in the early days, the miners are often the first people to get interested in the coin, but in the long term, (we) techno weenies should become almost irrelevant, if the technology is to succeed on any major scale.

Why this coin? Maybe this is the most profitable coin that uses the Wild Keccak PoW Algorithm? I neither know nor care.

Studying the data (like I have) leads me to the conclusion that there is someone (maybe a group acting in cohorts, doesn't matter), systematically dumping on Poloniex. The patterns are consistent with someone mining cheap coins and dumping with little regard for the price. There is nothing to suggest this is speculators independently dumping the coin.

The price will continue to fall until the rogue miner (as I call them) stops dumping. That's my take, do with that info, what you may.

 

How many of those new coins use the Wild Keccak Algorithm?

It doesn't take everyone to start selling for the price to drop. It only takes one person to systematically dump (at 3000 BTC a day) and for day traders and buyers to adjust their behaviour accordingly.

 

Rogue miner seems like a very broad brush. Why would a rogue miner bother to mine such an unprofitable coin? Even if their costs are zero, they would be making more money mining XMR or other coins for that matter. The number of coins dumped in the last 2 weeks indicate speculators leaving, even if it means short term exit. When you dump to this level there has got to be other factors playing and we can only guess about some of this. It isn't just Option 1 or Option 2.

The fundamentals have not changed and there is increased level of awareness. Good for new entrants really.

Christian, let's play with the team, yo You have had your fun. You can only make this better with everyone else playing with you

@Wolf0 -> I know you are just releasing in a slightly delayed scale and that's fine. It will be hard for average miners to keep up with you test releases as they seem to change quite often.

The key words being "current price" - I'd argue if someone is systematically dumping 2700 of 3600 BTC created daily, the current price will fall as buyers (and perhaps more importantly, day traders) would adjust their behaviour accordingly. But we can agree to disagree.

Bad, wicked, naughty zoot!

And now you mock.  Piss off.

cbuchner1 stated that he would release the GPU miner once stratum pool support was finished.  He didn't.  Where I come from when you say you're going to do something and then don't that's called a lie.  It is what it.  I stated in another post that cbuchner1 has the right to do whatever he wants with his miner.  He also has the right to lie if he wishes.  I guess he wishes to keep his miner private and lie about releasing it.