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Topic: Bitmark - page 91. (Read 622213 times)

hero member
Activity: 616
Merit: 500
September 25, 2014, 09:40:50 AM
If you don't want to mine at high difficulty you can mine at a multipool

Even at this difficulty it is as profitable or more so than litecoin and doge on average.

It is? I got to learn to do those calculations...

I stand corrected, thanks Smiley
sr. member
Activity: 294
Merit: 250
Bitmark Developer
September 25, 2014, 09:38:28 AM
If you don't want to mine at high difficulty you can mine at a multipool

Even at this difficulty it is as profitable or more so than litecoin and doge on average.
hero member
Activity: 616
Merit: 500
September 25, 2014, 09:36:39 AM
If you don't want to mine at high difficulty you can mine at a multipool

I have been mining at: http://www.simplemulti.com/

Works great, good payouts.

But you should throw a little % of your hash to move the BTM blocks aswell. Smiley
full member
Activity: 178
Merit: 100
September 25, 2014, 09:05:13 AM
The next difficulty will be ~3k  Huh Huh Huh

No, it can only go up by 4 times. That's not a correct estimate.

edit: Diff: 1953.30771918
Thanks for clarification!
I am learning to mine this coin.
legendary
Activity: 826
Merit: 1002
amarha
September 25, 2014, 09:00:16 AM
The next difficulty will be ~3k  Huh Huh Huh

No, it can only go up by 4 times. That's not a correct estimate.

edit: Diff: 1953.30771918
full member
Activity: 178
Merit: 100
September 25, 2014, 08:43:35 AM
The next difficulty will be ~3k  Huh Huh Huh
Edit: just back to 1953
sr. member
Activity: 322
Merit: 250
September 25, 2014, 08:15:11 AM
Of course it had to rise first before it fell. But I am really worried about my investment in this coin. Sold half of the coins. When/if we go below 100 I am selling the rest of them. In how many weeks would you expect the price to go back to 240k?
Buy high, sell low.

Best tactic ever. Can confirm.
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
September 25, 2014, 07:45:32 AM
Of course it had to rise first before it fell. But I am really worried about my investment in this coin. Sold half of the coins. When/if we go below 100 I am selling the rest of them. In how many weeks would you expect the price to go back to 240k?
Buy high, sell low.
sr. member
Activity: 339
Merit: 250
September 25, 2014, 07:44:40 AM
Of course it had to rise first before it fell. But I am really worried about my investment in this coin. Sold half of the coins. When/if we go below 100 I am selling the rest of them. In how many weeks would you expect the price to go back to 240k?

Sorry you are asking in the wrong place, we are developers who make things. Nobody can predict such things.

THIS! Smiley Thank you. The market will always move in waves. IF you look at little at difficulty, hype etc you can move along with the market.
As an investor/trader you should know this. Don't bug the developers about the price.

IMO coinsolidation is one of the best developers out there, looks like he got everything covered from every angle. Always has a good answer. As an investor, I am not worried! Can't wait to see how bitmark matures! Smiley

There is a massive difference between those who invest and those seeking short term gain - they both wear completely different spectacles, have polarised perspectives, and speak in such different terms that they struggle to understand each other...

Smiley
hero member
Activity: 616
Merit: 500
September 25, 2014, 07:33:48 AM
Of course it had to rise first before it fell. But I am really worried about my investment in this coin. Sold half of the coins. When/if we go below 100 I am selling the rest of them. In how many weeks would you expect the price to go back to 240k?

Sorry you are asking in the wrong place, we are developers who make things. Nobody can predict such things.

THIS! Smiley Thank you. The market will always move in waves. IF you look at little at difficulty, hype etc you can move along with the market.
As an investor/trader you should know this. Don't bug the developers about the price.

IMO coinsolidation is one of the best developers out there, looks like he got everything covered from every angle. Always has a good answer. As an investor, I am not worried! Can't wait to see how bitmark matures! Smiley
sr. member
Activity: 350
Merit: 250
September 25, 2014, 07:08:44 AM
Relax people. All that is happening is that the multipools and whales that mined at the previous diff drop are finally getting their coins. They've had to wait nearly a week and they are dumping for whatever they can get. 
full member
Activity: 178
Merit: 100
September 25, 2014, 07:03:50 AM
But it fell from 24k to 17 k.
Selling this time is late, they sold before difficulty shift and can make x4 BTM with this 488 difficulty. Anyway, it can't last long: just next hour and may x4 difficulty again.
Why don't we change difficulty per block?
sr. member
Activity: 294
Merit: 250
Bitmark Developer
September 25, 2014, 07:02:01 AM
Of course it had to rise first before it fell. But I am really worried about my investment in this coin. Sold half of the coins. When/if we go below 100 I am selling the rest of them. In how many weeks would you expect the price to go back to 240k?

Sorry you are asking in the wrong place, we are developers who make things. Nobody can predict such things.
sr. member
Activity: 334
Merit: 250
September 25, 2014, 07:00:06 AM
Of course it had to rise first before it fell. But I am really worried about my investment in this coin. Sold half of the coins. When/if we go below 100 I am selling the rest of them. In how many weeks would you expect the price to go back to 240k?
sr. member
Activity: 294
Merit: 250
Bitmark Developer
September 25, 2014, 06:40:17 AM
But it fell from 24k to 17 k.

it rose from 5k to 250k, and is now at 170k or 190k. Check the 30 day history.
sr. member
Activity: 334
Merit: 250
September 25, 2014, 06:38:37 AM
But it fell from 24k to 17 k.
sr. member
Activity: 294
Merit: 250
Bitmark Developer
September 25, 2014, 06:01:58 AM
"networkhashps" : 135606478235,  135g    is   it   true?

Yes, the averages over the last 60, 30, and 15 blocks are  131.63GH/s, 138.90GH/s, and 143.66 GH/s respectively.
member
Activity: 111
Merit: 101
September 25, 2014, 06:01:40 AM
Yes. I cant even contemplate it when i look at the target.

~136ghs*

your number is not 1356ghs
full member
Activity: 168
Merit: 100
The mysterious
September 25, 2014, 05:59:11 AM

{
"blocks" : 42602,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 488.32692979,
"errors" : "",
"genproclimit" : -1,
"networkhashps" : 135606478235,
"pooledtx" : 0,
"testnet" : false,
"generate" : false,
"hashespersec" : 0
}



"networkhashps" : 135606478235,  135g    is   it   true?
sr. member
Activity: 294
Merit: 250
Bitmark Developer
September 25, 2014, 05:51:06 AM
What happened to the price?

It doubled and consolidated every week since launching on an exchange? At the minute we're watching the network 150GH/s now.

I would encourage you to read backwards in the thread a little to follow our thoughts on price-tag and production-cost, their correlation to difficulty, and how those who develop bitmark have little interest in the price-tag, and nothing to gain from it rising or falling.
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