some pools:
http://btb.pnwminer.com
http://p2pool.org:8336/static/
Topic: [BTB] The BitBar Information Thread - page 60. (Read 180446 times)
Hello all,
I'm fairly new to BitBar and so I've been reading mostly information from the original website (bitbar.biz I think it was).
I guess from a miner's perspective this is just another scrypt based coin, but I'm not sure if you can just use stuff like pooler's cpu miner to mine it? Also the pools that are mentioned on the web site seem to be not responding. Is this coin dead?
One thing that struck me was how the dev wanted this coin to have a value that was considerably higher than bitcoin itself. Long term estimation around 10 btc, short term 1,5 btc or thereabouts. So why is it trading at 0,0000whatever, like most of the other altcoins?
Not looking to criticize the coin or the dev, just seeking some background information really.
-Michael
I'm fairly new to BitBar and so I've been reading mostly information from the original website (bitbar.biz I think it was).
I guess from a miner's perspective this is just another scrypt based coin, but I'm not sure if you can just use stuff like pooler's cpu miner to mine it? Also the pools that are mentioned on the web site seem to be not responding. Is this coin dead?
One thing that struck me was how the dev wanted this coin to have a value that was considerably higher than bitcoin itself. Long term estimation around 10 btc, short term 1,5 btc or thereabouts. So why is it trading at 0,0000whatever, like most of the other altcoins?
Not looking to criticize the coin or the dev, just seeking some background information really.
-Michael
I like BITBAR for the fact that the ASIC unfriendly script mining limits hardware to GPU's that can adapt to rapidly changing difficulty as well as hash script, ADDED to the fact that 520 confirmations prevents people speculatively mining it for a short term sale - because the maturation is long enough to make it risky in terms of the market risk.
You will also not have to worry about getting high-difficulty stuck and being unable to complete a transaction or get to a lower difficulty like CHNcoin, Craftcoin, Hypercoin and others. Also the 10 min block times will prevent forking when there is too much network hash on one pool such as what recently occurred with Bottlecaps.
::sigh:: thank you. I knew that, but spaced it.
I've been mining on the p2pool pool for about 24hours, and as of yet to see my address on the payout tab of the site. Is this normal?
Make sure you use a public key as the username not your address! It is discussed here: https://bitcointalksearch.org/topic/m.2289738
I've been mining on the p2pool pool for about 24hours, and as of yet to see my address on the payout tab of the site. Is this normal?
Still under 4,500 BTBs in existence, pretty amazing, it's holding well and staying true to the original concept.
Yes, also BTB's Proof of stake design coupled with its difficulty adjusting every block and 520 confirmations make it a much more secure crypto than some of the others. With attacks on coins like FTC, maybe people will appreciate this more.
I'm still following this thread to see what is happening but unless there's a clear explanation on why Bitbar forked and why it won't happen again, I won't mine it or even use it again.
Update 4.2, the one that said "mandatory redownload of the blockchain", was originally a fork update. The largest pool at the time did not update and fork with most of us so it continued down the original chain. At that point the dev decided to abort the fork because the majority of the hash rate was on the original chain. The dev worked with the pools/block explorer/exchanges to ensure that they were all on the original longer chain. Myself and others that immediately updated to 4.2 with the fork and solo mined lost any mined BTB when we re-synced back to the original chain. Now anyone updating or using 4.2 will connect to the correct original block chain and the fork is gone. To answer your question, the only reason BTB forked was because the dev created it and that is the only way it could happen again. I let the dev know that we could assist with coordination if a hard fork was required in the future to avoid a repeat of this.
Thanks, now I know what happened and that the community is reacting well which are good points. The only remaining cloud: how is the dev reacting and communicating? Will he make sure that the github HEAD on the master branch is running fine and has been tested properly?
I like BITBAR for the fact that the ASIC unfriendly script mining limits hardware to GPU's that can adapt to rapidly changing difficulty as well as hash script, ADDED to the fact that 520 confirmations prevents people speculatively mining it for a short term sale - because the maturation is long enough to make it risky in terms of the market risk. I have BIT BARS but am holding them for a longer term profit. I ended up mining ON THE ABORTED FORK... I lost about 2 bitbars... Oh well it is good to know it wasn't an attack on the network. Yes Please avoid hardforks unless absolutelynecessary THANKS
I think that as another financial crisis is brewing BITCOIN/NOVACOIN/PPCOIN/NAMECOIN/
Still under 4,500 BTBs in existence, pretty amazing, it's holding well and staying true to the original concept.
Yes, also BTB's Proof of stake design coupled with its difficulty adjusting every block and 520 confirmations make it a much more secure crypto than some of the others. With attacks on coins like FTC, maybe people will appreciate this more.
I'm still following this thread to see what is happening but unless there's a clear explanation on why Bitbar forked and why it won't happen again, I won't mine it or even use it again.
Update 4.2, the one that said "mandatory redownload of the blockchain", was originally a fork update. The largest pool at the time did not update and fork with most of us so it continued down the original chain. At that point the dev decided to abort the fork because the majority of the hash rate was on the original chain. The dev worked with the pools/block explorer/exchanges to ensure that they were all on the original longer chain. Myself and others that immediately updated to 4.2 with the fork and solo mined lost any mined BTB when we re-synced back to the original chain. Now anyone updating or using 4.2 will connect to the correct original block chain and the fork is gone. To answer your question, the only reason BTB forked was because the dev created it and that is the only way it could happen again. I let the dev know that we could assist with coordination if a hard fork was required in the future to avoid a repeat of this.
Thanks, now I know what happened and that the community is reacting well which are good points. The only remaining cloud: how is the dev reacting and communicating? Will he make sure that the github HEAD on the master branch is running fine and has been tested properly?
Still under 4,500 BTBs in existence, pretty amazing, it's holding well and staying true to the original concept.
Yes, also BTB's Proof of stake design coupled with its difficulty adjusting every block and 520 confirmations make it a much more secure crypto than some of the others. With attacks on coins like FTC, maybe people will appreciate this more.
I'm still following this thread to see what is happening but unless there's a clear explanation on why Bitbar forked and why it won't happen again, I won't mine it or even use it again.
Update 4.2, the one that said "mandatory redownload of the blockchain", was originally a fork update. The largest pool at the time did not update and fork with most of us so it continued down the original chain. At that point the dev decided to abort the fork because the majority of the hash rate was on the original chain. The dev worked with the pools/block explorer/exchanges to ensure that they were all on the original longer chain. Myself and others that immediately updated to 4.2 with the fork and solo mined lost any mined BTB when we re-synced back to the original chain. Now anyone updating or using 4.2 will connect to the correct original block chain and the fork is gone. To answer your question, the only reason BTB forked was because the dev created it and that is the only way it could happen again. I let the dev know that we could assist with coordination if a hard fork was required in the future to avoid a repeat of this.
Still under 4,500 BTBs in existence, pretty amazing, it's holding well and staying true to the original concept.
Yes, also BTB's Proof of stake design coupled with its difficulty adjusting every block and 520 confirmations make it a much more secure crypto than some of the others. With attacks on coins like FTC, maybe people will appreciate this more.
I'm still following this thread to see what is happening but unless there's a clear explanation on why Bitbar forked and why it won't happen again, I won't mine it or even use it again.
Still under 4,500 BTBs in existence, pretty amazing, it's holding well and staying true to the original concept.
Yes, also BTB's Proof of stake design coupled with its difficulty adjusting every block and 520 confirmations make it a much more secure crypto than some of the others. With attacks on coins like FTC, maybe people will appreciate this more.
Still under 4,500 BTBs in existence, pretty amazing, it's holding well and staying true to the original concept.
I have designed a concept logo for Bitbar if anyone is interested in looking.
http://blog.littlevisuals.com/2013/bitbar-btb/bitbar-logo-concept/
http://blog.littlevisuals.com/2013/bitbar-btb/bitbar-logo-concept/
addnode ip?
Big volume in BTB on cryptsy, over 100BTB bought each day for the last couple days..
If the coins were being bought the price would be increasing. Since the price is decreasing, it appears that people are selling off their bitbars.
Well to be sure all you have to do is look at the market trade history and you will see the largest orders are buys on the asking price:
Code:
2013-07-16 09:41:26 Buy 0.04090000 BTB 13.00000000 BTC 0.53170000
2013-07-16 09:41:26 Buy 0.04090000 BTB 67.15393300 BTC 2.74659586
2013-07-15 14:23:53 Buy 0.04000000 BTB 18.00000000 BTC 0.72000000
2013-07-15 14:13:11 Buy 0.04131502 BTB 49.00000000 BTC 2.02443598
Big volume in BTB on cryptsy, over 100BTB bought each day for the last couple days..
If the coins were being bought the price would be increasing. Since the price is decreasing, it appears that people are selling off their bitbars.
Big volume in BTB on cryptsy, over 100BTB bought each day for the last couple days..
I have a serious problem here with btb client. I have requested payout from http://btb.ltcoin.net/ pool two days ago. More than 18 btb. My wallet downloads blocks, synchronizes with network, appears as synchronized and than it downloads block again. It's somehow looped. Payout does not appear in my wallet. Nothing helps. I have deleted all files (I've made back up of *.dat file), downloaded 4.03 version of client unzipped to the folder and nothing. The strange thing is that when I download 4.03 the version shown in client is v0.4.2.0g32a928e-beta. Any ideas what is wrong?
BTB already forked once and part of my miners happily mined it for days on the wrong fork (fortunately I never put 100% of my miners on altcoins). You may still be on this fork or a new one.
Updating to latest git didn't make any change so I considered this altcoin dead (if the newest client can't tell it's on a fork there's really no point to the coin).
Delete your chain, and re-download it. That's the problem. It's not forked. This happens with all coins, including bitcoin. There's also a console command (though I can't recall it) to re-scan.
Also, check on the block explorer to make sure the bars are there, if they are, you're good, you just have a problem with your pc that it isn't syncing right.
http://btb.cryptocoinexplorer.com/
Sorry but you don't know what you are talking about: my miners were generating blocks on the fork (you know, blocks you can't find in block explorers with coins unsellable on exchanges) so I'm pretty sure there was one. This is why I was pissed off: this coin wasted my time.
And no, it doesn't happen with every coin (I should know: I have around 20 coins configured). The so-called "problem with [my] pc" was bitbar, nothing else.
You didn't read what I said. I didn't say there was never a fork, I said that there wasn't a fork in the last few days. There are only 2 active mining pools, and neither of them were on a fork for the last two weeks.
I have a serious problem here with btb client. I have requested payout from http://btb.ltcoin.net/ pool two days ago. More than 18 btb. My wallet downloads blocks, synchronizes with network, appears as synchronized and than it downloads block again. It's somehow looped. Payout does not appear in my wallet. Nothing helps. I have deleted all files (I've made back up of *.dat file), downloaded 4.03 version of client unzipped to the folder and nothing. The strange thing is that when I download 4.03 the version shown in client is v0.4.2.0g32a928e-beta. Any ideas what is wrong?
BTB already forked once and part of my miners happily mined it for days on the wrong fork (fortunately I never put 100% of my miners on altcoins). You may still be on this fork or a new one.
Updating to latest git didn't make any change so I considered this altcoin dead (if the newest client can't tell it's on a fork there's really no point to the coin).
Delete your chain, and re-download it. That's the problem. It's not forked. This happens with all coins, including bitcoin. There's also a console command (though I can't recall it) to re-scan.
Also, check on the block explorer to make sure the bars are there, if they are, you're good, you just have a problem with your pc that it isn't syncing right.
http://btb.cryptocoinexplorer.com/
Sorry but you don't know what you are talking about: my miners were generating blocks on the fork (you know, blocks you can't find in block explorers with coins unsellable on exchanges) so I'm pretty sure there was one. This is why I was pissed off: this coin wasted my time.
And no, it doesn't happen with every coin (I should know: I have around 20 coins configured). The so-called "problem with [my] pc" was bitbar, nothing else.
I have a serious problem here with btb client. I have requested payout from http://btb.ltcoin.net/ pool two days ago. More than 18 btb. My wallet downloads blocks, synchronizes with network, appears as synchronized and than it downloads block again. It's somehow looped. Payout does not appear in my wallet. Nothing helps. I have deleted all files (I've made back up of *.dat file), downloaded 4.03 version of client unzipped to the folder and nothing. The strange thing is that when I download 4.03 the version shown in client is v0.4.2.0g32a928e-beta. Any ideas what is wrong?
BTB already forked once and part of my miners happily mined it for days on the wrong fork (fortunately I never put 100% of my miners on altcoins). You may still be on this fork or a new one.
Updating to latest git didn't make any change so I considered this altcoin dead (if the newest client can't tell it's on a fork there's really no point to the coin).
Delete your chain, and re-download it. That's the problem. It's not forked. This happens with all coins, including bitcoin. There's also a console command (though I can't recall it) to re-scan.
Also, check on the block explorer to make sure the bars are there, if they are, you're good, you just have a problem with your pc that it isn't syncing right.
http://btb.cryptocoinexplorer.com/
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