Diff thread aug 23rd to sept 5th. Picks are closed. - page 6.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: suchmoon on August 25, 2015, 10:25:51 AM

Quote from: philipma1957 on August 25, 2015, 10:23:05 AM

Something has happened here to antpool

https://bitcointalk.org/index.php?topic=1161655.new#new

9 hours since its last block.

https://www.antpool.com/poolStats.htm

and the networks block count has dropped for today to a 130 block pace

Borked upgrade to XT perhaps?

Whatever it is - thank you AntPool. Your sacrifice is appreciated.

yeah the math for them to go 9 hours with no block is pretty much impossible.

~~cdf of .99999 around 954,000,000,000 shares~~ vs 54,000,000,000 shares

cdf of .999 around 554,000,000,000 shares vs 54,000,000,000 note edit

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: philipma1957 on August 25, 2015, 10:23:05 AM

Something has happened here to antpool

https://bitcointalk.org/index.php?topic=1161655.new#new

9 hours since its last block.

https://www.antpool.com/poolStats.htm

and the networks block count has dropped for today to a 130 block pace

Borked upgrade to XT perhaps?

Whatever it is - thank you AntPool. Your sacrifice is appreciated.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Something has happened here to antpool

https://bitcointalk.org/index.php?topic=1161655.new#new

9 hours since its last block.

https://www.antpool.com/poolStats.htm

and the networks block count has dropped for today to a 133 block pace

https://blockchain.info/blocks

371470 (Main Chain) 2015-08-25 15:19:18

371386 (Main Chain) 2015-08-25 00:01:06

85 blocks made in 15 ⅓ hours we should be at 92

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

-1.01% to -1.25% philipma1957

-0.01% to -0.25% VirosaGITS

+1.01% to +1.25% mavericklm
+1.26% to +1.50% HerbPean
+1.51% to +1.75% zebedee
+1.76% to +2.00% EternalWingsofGod
+2.01% to +2.25% edonkey

+2.51% to +2.75% alh

+3.01% to +3.25% notlist3d
+3.26% to +3.50% wlefever
+3.51% to +3.75% jonnybravo0311
+3.76% to +4.00% Mikestang
+4.01% to +4.25% wpt1wpt1

EternalWingsofGod

hero member

Activity: 700

Merit: 500

Quote from: suchmoon on August 24, 2015, 11:06:18 PM

Quote from: alh on August 24, 2015, 11:03:57 PM

Without trying to be a jerk, why is the "HODL" misspelling so popular on Bitcoin? I really don't think it's accidental as often as I see it, and I wonder if there is some kind of inside joke I am missing.

Thanks again to suchmoon for his generous funding of these threads over the last months.

https://bitcointalksearch.org/topic/i-am-hodling-375643

Also this video helped a bit to HODL didn't want to put an edit tag in the previous post
Good old Zhou Tong (The other one not the epic scammer)
https://www.youtube.com/watch?v=NG1qooBzE2w

EternalWingsofGod

hero member

Activity: 700

Merit: 500

The Black Monday in China led towards strong corrections marketwise globally
Oddly enough due to the China connection it looks like some recoil leverage affected Bitcoin as well as we tread near the low $200 ranges.
Still not near the mtgox collapse levels but things have changed since then.

(While I think it will be near negative this round its very early in the cycle and someone left a tempting spot to occupy)

Going to occupy the +1.76-2.00% range
Lets see how it goes

skuser

sr. member

Activity: 291

Merit: 250

Quote from: suchmoon on August 24, 2015, 11:06:18 PM

Quote from: alh on August 24, 2015, 11:03:57 PM

Without trying to be a jerk, why is the "HODL" misspelling so popular on Bitcoin? I really don't think it's accidental as often as I see it, and I wonder if there is some kind of inside joke I am missing.

Thanks again to suchmoon for his generous funding of these threads over the last months.

https://bitcointalksearch.org/topic/i-am-hodling-375643

+1 Epic thread, didn't know it before

VirosaGITS

legendary

Activity: 1302

Merit: 1068

I will take -0.01% to -0.25% please

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: suchmoon on August 24, 2015, 11:06:18 PM

Quote from: alh on August 24, 2015, 11:03:57 PM

Without trying to be a jerk, why is the "HODL" misspelling so popular on Bitcoin? I really don't think it's accidental as often as I see it, and I wonder if there is some kind of inside joke I am missing.

Thanks again to suchmoon for his generous funding of these threads over the last months.

https://bitcointalksearch.org/topic/i-am-hodling-375643

thanks that was a funny thread

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: suchmoon on August 24, 2015, 09:58:57 PM

Quote from: notlist3d on August 24, 2015, 09:42:16 PM

The next difficulty keeps getting bigger: Conservative: 4.5% 5.5% Continous: 8.4 % so not good at all there.

And price as we all know sucks. 205.... ouch.

Something's gotta give. Either the price will bounce back or the diff will retreat, maybe next cycle. I think there is a lot of old gear still on the network that will be very miserable very soon if this exchange rate continues.

There are a WHOLE bunch of A1 gear somewhere in the world. We will see how cheap their electricity really is.

The low price of BTC and looking at big difficulty changes will kill mining. Between that flash crash, and XT it's just a crappy time. The flash crash I think scared many. And now XT is pretty much everywhere which brings unknown to investors, investors don't like unknown. So something will give just don't know what it will be.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: alh on August 24, 2015, 11:03:57 PM

Without trying to be a jerk, why is the "HODL" misspelling so popular on Bitcoin? I really don't think it's accidental as often as I see it, and I wonder if there is some kind of inside joke I am missing.

Thanks again to suchmoon for his generous funding of these threads over the last months.

https://bitcointalksearch.org/topic/i-am-hodling-375643

alh

legendary

Activity: 1846

Merit: 1052

Without trying to be a jerk, why is the "HODL" misspelling so popular on Bitcoin? I really don't think it's accidental as often as I see it, and I wonder if there is some kind of inside joke I am missing.

Thanks again to suchmoon for his generous funding of these threads over the last months.

alh

legendary

Activity: 1846

Merit: 1052

Please put me down for:

+2.51% to +2.75%

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: alh on August 24, 2015, 10:40:06 PM

While I would like to think that "something has to give", I am reminded of a saying related to the stock market:

'The market can remain irrational longer than you can remain solvent.'

I think the same is true of Bitcoin and it's price. There's nothing that says miners MUST make money. After all, if it's to be a currency, why must Bitcoin have a fiat value that makes sense?

I think miners who don't make money would stop being miners thus reducing difficulty and/or reducing the supply of fresh coins. That's the "benefit" of having large mining farms, those certainly can't afford to run at a loss. Home miners can probably last a bit longer.

I don't care much either way. Most of my gear is paid off and some of it still has 3-4 months of prepaid hosting... if it doesn't get sorted out by then I'll just HODL Grin

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

-1.01% to -1.25% philipma1957

+1.01% to +1.25% mavericklm
+1.26% to +1.50% HerbPean
+1.51% to +1.75% zebedee

+2.01% to +2.25% edonkey
+3.01% to +3.25% notlist3d
+3.26% to +3.50% wlefever
+3.51% to +3.75% jonnybravo0311
+3.76% to +4.00% Mikestang
+4.01% to +4.25% wpt1wpt1

edonkey

legendary

Activity: 1150

Merit: 1004

Quote from: suchmoon on August 24, 2015, 09:58:57 PM

Quote from: notlist3d on August 24, 2015, 09:42:16 PM

The next difficulty keeps getting bigger: Conservative: 4.5% 5.5% Continous: 8.4 % so not good at all there.

And price as we all know sucks. 205.... ouch.

Something's gotta give. Either the price will bounce back or the diff will retreat, maybe next cycle. I think there is a lot of old gear still on the network that will be very miserable very soon if this exchange rate continues.

Time to buy, which I just did (again).

I know that I'm paranoid, but it does seem interesting that BTC price tanks right around the the time that more efficient hardware (e.g. the S7) is tantalizingly around the corner.

Of course it's unlikely that Bitmain could manipulate the price like this. Could just be money moving out of BTC to the now cheaper equity market since stocks are down.

The best thing for miners to hope for is a major price recovery soon. If BTC recovers before the S7 is announced, it could be a double win for miners. Better purchasing power for higher efficiently hardware, and theoretically some additional competition in the form of older hardware whose profitability could be lifted by higher BTC prices might drive down the S7 price (we can but dream).

So now is the time for BTC to rise. Time to start sacrificing chickens, or whatever works for you ;-)

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

http://btc.blockr.io/charts

8 - 22 - 2015 162 +18
8- 23 - 2015 138 - 6 so + 12 blocks for sat and sun
8- 24 - 2015 156 + 12 + 24 blocks for 3 days

I have us at about (+5.45%)

alh

legendary

Activity: 1846

Merit: 1052

While I would like to think that "something has to give", I am reminded of a saying related to the stock market:

'The market can remain irrational longer than you can remain solvent.'

I think the same is true of Bitcoin and it's price. There's nothing that says miners MUST make money. After all, if it's to be a currency, why must Bitcoin have a fiat value that makes sense?

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: notlist3d on August 24, 2015, 09:42:16 PM

The next difficulty keeps getting bigger: Conservative: 4.5% 5.5% Continous: 8.4 % so not good at all there.

And price as we all know sucks. 205.... ouch.

Something's gotta give. Either the price will bounce back or the diff will retreat, maybe next cycle. I think there is a lot of old gear still on the network that will be very miserable very soon if this exchange rate continues.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: philipma1957 on August 24, 2015, 10:32:28 AM

well usa stock market is crashing maybe some money comes to btc

picks are open

-1.01% to -1.25% philipma1957

+1.01% to +1.25% mavericklm

http://www.bitcoincharts.com/ (-0.33%)

Blocks   371328
Total BTC   14.533M

Difficulty   54256630328
Estimated   54072928836 in 1632 blks

Network total   406132.679 Thash/s
Blocks/hour   6.27 / 574 s

http://btc.blockr.io/charts

8 - 22 - 2015 162 +18
8- 23 - 2015 138 - 6 so + 12 blocks for sat and sun

https://blockchain.info/

371328 (Main Chain)   2015-08-24 15:25:14
371231 (Main Chain)   2015-08-24 00:10:00

98 blocks vs 93 so + 5

I have us at about +17

We made 384 and 367 is 'norm' this is +4.63%

The next difficulty keeps getting bigger: Conservative: 4.5% 5.5% Continous: 8.4 % so not good at all there.

And price as we all know sucks. 205.... ouch.

Topic: Diff thread aug 23rd to sept 5th. Picks are closed. - page 6. (Read 6714 times)