Topic: Diff thread July 18 to Aug 1st? picks are Now closed! prize = $50 usd (Read 8168 times)

payment made.


https://blockchain.info/tx/91f03947214e8853119b3cd06ad380aba49afb14e5f8cab10c62acf2557da319



going to lock this up.


and by the way  the hash rate is rising!


new thread.

https://bitcointalksearch.org/topic/diff-thread-aug-2-to-aug-16-picks-are-yet-to-start-prize-000-1573186


and the numbers for diff are below:

Difficulty History

Date   Difficulty   Change   Hash Rate
Aug 02 2016   201,893,210,853   -5.43%   1,445,207,896 GH/s
Jul 18 2016   213,492,501,108   0.04%   1,528,238,850 GH/s
Jul 04 2016   213,398,925,331   1.88%   1,527,569,009 GH/s
Jun 21 2016   209,453,158,595   6.83%   1,499,324,110 GH/s
Jun 08 2016   196,061,423,940   -1.63%   1,403,462,340 GH/s
May 24 2016   199,312,067,531   2.60%   1,426,731,353 GH/s
May 11 2016   194,254,820,283   8.73%   1,390,530,167 GH/s
Apr 28 2016   178,659,257,773   -0.01%   1,278,892,782 GH/s
Apr 14 2016   178,678,307,672   7.09%   1,279,029,147 GH/s
Apr 01 2016   166,851,513,283   0.82%   1,194,369,655 GH/s
Mar 18 2016   165,496,835,118   4.46%   1,184,672,491 GH/s
Mar 04 2016   158,427,203,767   -3.10%   1,134,066,098 GH/s
Feb 19 2016   163,491,654,909   13.44%   1,170,318,852 GH/s
Feb 07 2016   144,116,447,847   20.06%   1,031,625,717 GH/s
Jan 26 2016   120,033,340,651   5.89%   859,232,121 GH/s
Jan 13 2016   113,354,299,801   9.12%   811,421,684 GH/s
Dec 31 2015   103,880,340,815   11.16%   743,604,444 GH/s
Dec 18 2015   93,448,670,796         18.14%   668,931,642 GH/s
Dec 06 2015   79,102,380,900         8.77%   566,236,898 GH/s
Nov 24 2015   72,722,780,643        10.44%   520,569,941 GH/s
Nov 11 2015   65,848,255,180   5.77%   471,360,171 GH/s
Oct 29 2015   62,253,982,450   2.25%   445,631,364 GH/s
Oct 15 2015   60,883,825,480   0.12%   435,823,399 GH/s
Oct 01 2015   60,813,224,039   2.49%   435,318,014 GH/s
Sep 17 2015   59,335,351,234   4.17%   424,738,988 GH/s
Sep 04 2015   56,957,648,455   4.98%   407,718,729 GH/s
Aug 22 2015   54,256,630,328   2.95%   388,384,088 GH/s
Aug 08 2015   52,699,842,409   0.81%   377,240,166 GH/s
Jul 25 2015   52,278,304,846   2.35%   374,222,683 GH/s
Jul 11 2015   51,076,366,303   3.39%   365,618,871 GH/s
Jun 28 2015   49,402,014,931   -0.58%   353,633,397 GH/s
Jun 14 2015   49,692,386,355   4.42%   355,711,957 GH/s
May 31 2015   47,589,591,154   -2.50%   340,659,563 GH/s
May 17 2015   48,807,487,245   2.44%   349,377,603 GH/s
May 03 2015   47,643,398,018   0.07%   341,044,727 GH/s
Apr 19 2015   47,610,564,513   -3.71%   340,809,696 GH/s
Apr 05 2015   49,446,390,688   5.84%   353,951,052 GH/s
Mar 22 2015   46,717,549,645   -1.50%   334,417,246 GH/s
Mar 08 2015   47,427,554,951   1.59%   339,499,662 GH/s
Feb 22 2015   46,684,376,317   5.01%   334,179,783 GH/s
Feb 09 2015   44,455,415,962   7.71%   318,224,263 GH/s
Jan 27 2015   41,272,873,895   -6.14%   295,442,739 GH/s
Jan 12 2015   43,971,662,056   8.20%   314,761,417 GH/s
Dec 30 2014   40,640,955,017   3.00%   290,919,288 GH/s
Dec 17 2014   39,457,671,307   -1.37%   282,449,013 GH/s
Dec 02 2014   40,007,470,271   -0.73%   286,384,627 GH/s
Nov 18 2014   40,300,030,328   1.76%   288,478,854 GH/s
Nov 05 2014   39,603,666,252   10.05%   283,494,086 GH/s
Oct 23 2014   35,985,640,265   2.81%   257,595,247 GH/s
© 2013-2014 BitcoinWisdom.com

congrats veves!

phil.. that bitfinex thing truly sucks.  hopefully you will come out ok.

I won !!!

philipma1957   USD, ETH, ETC, LTC  don't  have been stolen  ,  only BTC /   anyway   it's   very bad news

good day for all .

Can't believe how that difficulty period went - most odd with the falling price, and My guess was out by a country mile.

I'd have to agree... Altough i seldomly post in these threads other than taking an (sometimes educated) guess, i'm still following your threads on an allmost daily basis . I'd still keep guessing once in a while even if there was no price.

Dang, Phil, I am sorry to hear that!  Not just for your monetary loss, but the loss to this forum and community of this speculation game should you no longer be able to continue it.  I don't know if it would be worth your effort, but even without the prize it would still be fun to guess and speculate and keep these threads going.  Just a thought, hope you get some good news.

Sorry about it, Phil.
Since this is about to be locked, i would post my thoughts here, feel free to delete.

I am in kind of sour mood about recent developments.
As i see it, some bitcoiners got jealous of ethereum, hacked the DAO.
Ethereum foundation released a half-baked hard fork in response, which was supported by large numbers of users anyway.
Some bitcoiners wanted to support eth classic in lieu of such fork, did not let unforked chain die, causing 35% decrease in eth value while propping an alternative chain for, perhaps, the sole reasons of eventually dumping hacked ETC there.
Someone (maybe from ethereum side, just a reasonable guess) hacked bitfinex, causing 18% decrease in btc value, which is LARGER than the total market cap of ethereum.
As i see it, crypto space has become a toxic soup where very intelligent people try to up each other while regular folks suffer as a consequence.

I don't like where this is going.

Woah. I hope it's not that bad and the loses are not big.
Normally they should have a big part of the funds on cold storage.

  The  saving grace is my 700 or so is in etc and eth . 

  That was 14 more contests. I am hopeful that I recover the funds, if not I will most likely end the contest on a sour note.

I just saw this after looking at BTC values on different sites.  That is crazy on Bitfinex I know a lot loved them with advanced trading, they do not say extent of hack in terms of BTC.   I really hope we are not going to see another MT. Gox type of scare.  Will be interesting to see what happens on it.  Hoping it is not huge hopefully someone is able to follow BTC and see how big.

Either way BTC had a crap day in value and market could possibly be scared.  Hard to say what will happen.

Looks like he was very lucky.

@ Veves1  please contact me with a BTC address for your prize.




On a different  note  I am on the hook at bitfinex   for funds.

Although my coins were all ETC and ETH

I have more then 700 usd worth of them.

If it is a full loss of 55ETC and 51ETH  I will have to end this contest.


@ Veves1   I have funds for you.

So who won?

Veves1?  You moved him into the winning spot! Due to his error of picking someone else's pick!


Difficulty History

Date   Difficulty   Change   Hash Rate
Aug 02 2016   201,893,210,853   -5.43%   1,445,207,896 GH/s

https://blockchain.info/

423357 (Main Chain)   2016-08-02 18:15:55



3 blocks to go and very close finish


of note   and not for this jump but the next jump.







bitfinex has been hacked






https://bitcointalksearch.org/topic/m.15792005

Phil looks like  one of the three below will win


vg54dett            = -5.6
vapourminer       = -5.5
Veves1                = -5.4      vapourminer had -5.5 first



https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty:   213,492,501,108
Estimated Next Difficulty:   201,725,772,945 (-5.51%)
Adjust time:   After 3 Blocks, About 30.9 minutes
Hashrate(?):   1,551,964,820 GH/s
Block Generation Time(?):   
1 block: 10.3 minutes
3 blocks: 30.9 minutes
6 blocks: 1.0 hours
Updated:   14:30 (1.4 minutes ago)

we are drifting away from btc diff too much.

so deleting posts below I saved them here:






[/s]









BTC diff can be  manipulated by bitmaintech.

They can sell s-9's  too cheap flood the market with hash.
They can sell s-9's  too costly and let the market fight for high priced gear.
They can sell no s-9's at all  and let the market hunger for high priced gear.


This is pretty much the state of btc right now  only one supplier that will sell to any one   and  they are not selling at the moment.

So the next   90 days  I have no idea what they plan to do.

This is why right now I want price drop and hash drop to happen.

https://bitcoinwisdom.com/bitcoin/difficulty

Bitcoin Difficulty:   213,492,501,108

Estimated Next Difficulty:   201,390,054,505 (-5.67%)
Adjust time:   After 17 Blocks, About 2.9 hours

Hashrate(?):   1,521,031,054 GH/s
Block Generation Time(?):   
1 block: 10.3 minutes
3 blocks: 31.0 minutes
6 blocks: 1.0 hours
Updated:   13:0 (2.5 minutes ago)



we drifted from -5.38 to  -5.67    and may go to -5.8 to - 6.1 over the next 3 hours or so.

price is just under 600.

if we end at -6.0   and coin price settles at 550 - 575   I think we will see a second -5 or better for next jump

I dont get it, the price drops a little, but the hashrate recovers a bit. Pretty counter intuitive. Looks like many miners dont care about the price at all so the phil wish for the price to drop to low 500 could not help much, quite opposite, the bigger Bitcoin price, the better for both holders + miners.

Edit: deleted offtopic part of this post about ethereum, but I just reacted to the previous discussion here and thought it would be ok, but I agree with phil decission its Bitcoin difficulty thread and altcoin talks belongs elsewhere.

so at 50 per second we are 3000 a minute and 180,000 an hour so in two hours 360,000

Vs 300,000 a day for the btc rate today.
More then 12 times the volume then btc does today.

I pretty much think. Any coin can changes rules any way they want.

Disagree. Maybe in your opinion it died, but not in mine. All this immutability talk is a non-starter in my opinion, unless you are a computer program.
People do change things. I agree that ethereum is too complex, perhaps, and this could be it's weakness, but not the fact that they adjusted something.
I think this is helpful as far as learning what crypto can and cannot do. If anything, this might increase the pace of innovation for everyone.
Scaling of both btc and eth should accelerate quite soon. In btc we will know once the meeting summary is released and in eth/etc I hear 50-100 transactions/sec in Casper.

33 blocks left!


Bitcoin Difficulty:   213,492,501,108

Estimated Next Difficulty:   202,014,494,029 (-5.38%)
Adjust time:   After 33 Blocks, About 5.7 hours