diff thread Mar 3 to Mar 17? picks are closed.... prize = 0.1 btc - page 3.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: Mikestang on March 14, 2016, 05:39:31 PM

I know this much, the answer isn't as simple as "make blocks bigger". If it were we'd of solved it a while ago.

I do not like the XT or classic fork attempts, to me that is two guys trying to hijack the entire bitcoin network and bring it under their control via a fork.

The answer to the block size problem has not been found yet, but it will be in time, and it will be solved more eloquently than simply proving bigger blocks.

At least price is holding above $400 and not tanking like the last time the block size debate was raging full strength and XT came out.

No I agree long term solve is not to endlessly expand it. (block size)

But I feel a move to 2mb and revisit this in December or January would be a good short term solution.

Mikestang

legendary

Activity: 1274

Merit: 1000

I know this much, the answer isn't as simple as "make blocks bigger". If it were we'd of solved it a while ago.

I do not like the XT or classic fork attempts, to me that is two guys trying to hijack the entire bitcoin network and bring it under their control via a fork.

The answer to the block size problem has not been found yet, but it will be in time, and it will be solved more eloquently than simply proving bigger blocks.

At least price is holding above $400 and not tanking like the last time the block size debate was raging full strength and XT came out.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: philipma1957 on March 14, 2016, 12:53:35 PM

Quote from: notlist3d on March 14, 2016, 12:20:21 PM

Quote from: philipma1957 on March 14, 2016, 07:40:49 AM

Quote from: RichBC on March 14, 2016, 02:01:27 AM

So the Downward trend for the Period continues, as to what is going on? It could just be that there is very little going on, with all that we have seen so far being nothing more than Variance and we are going to end up around Zero for the Period with no net loss or gain in Hash on the Network?

Rich

https://blockchain.info/blocks

Height     Time

402616 (Main Chain)   2016-03-14 12:37:02

402534 (Main Chain)   2016-03-14 00:00:56

83 blocks in 12 ½ hours should be 75 so pace has picked back up

Price is up just a little around 413 atm. It's been hanging around that number up and down a little for past 24 hours. Decent article on price: http://www.coindesk.com/bitcoin-stabilizes-at-420-but-still-moving-sideways/

What do you guys think is the debates on size holding price down? Or think it's a number of other factors.

The size or classic vs core node issue is sending money into alt coins..

ETH NMC UNO PPC all had good rallies.

As much as I prefer BTC right now I am hedging with PPC and I have more then 1200 PPC coins. I also sold some btc for fiat as this block size war has me a bit nervous.

It seems to be a debate that does not go away. Some of the more radical ideas on fixing it are what scare me. I think it's going to be a tough battle on it. Guess it's another one of those wait and see.

And I really don't like wait and see things that I don't have a solid anwser what future will be.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: notlist3d on March 14, 2016, 12:20:21 PM

Quote from: philipma1957 on March 14, 2016, 07:40:49 AM

Quote from: RichBC on March 14, 2016, 02:01:27 AM

So the Downward trend for the Period continues, as to what is going on? It could just be that there is very little going on, with all that we have seen so far being nothing more than Variance and we are going to end up around Zero for the Period with no net loss or gain in Hash on the Network?

Rich

https://blockchain.info/blocks

Height     Time

402616 (Main Chain)   2016-03-14 12:37:02

402534 (Main Chain)   2016-03-14 00:00:56

83 blocks in 12 ½ hours should be 75 so pace has picked back up

Price is up just a little around 413 atm. It's been hanging around that number up and down a little for past 24 hours. Decent article on price: http://www.coindesk.com/bitcoin-stabilizes-at-420-but-still-moving-sideways/

What do you guys think is the debates on size holding price down? Or think it's a number of other factors.

The size or classic vs core node issue is sending money into alt coins..

ETH NMC UNO PPC all had good rallies.

As much as I prefer BTC right now I am hedging with PPC and I have more then 1200 PPC coins. I also sold some btc for fiat as this block size war has me a bit nervous.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: philipma1957 on March 14, 2016, 07:40:49 AM

Quote from: RichBC on March 14, 2016, 02:01:27 AM

So the Downward trend for the Period continues, as to what is going on? It could just be that there is very little going on, with all that we have seen so far being nothing more than Variance and we are going to end up around Zero for the Period with no net loss or gain in Hash on the Network?

Rich

https://blockchain.info/blocks

Height     Time

402616 (Main Chain)   2016-03-14 12:37:02

402534 (Main Chain)   2016-03-14 00:00:56

83 blocks in 12 ½ hours should be 75 so pace has picked back up

Price is up just a little around 413 atm. It's been hanging around that number up and down a little for past 24 hours. Decent article on price: http://www.coindesk.com/bitcoin-stabilizes-at-420-but-still-moving-sideways/

What do you guys think is the debates on size holding price down? Or think it's a number of other factors.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: RichBC on March 14, 2016, 02:01:27 AM

So the Downward trend for the Period continues, as to what is going on? It could just be that there is very little going on, with all that we have seen so far being nothing more than Variance and we are going to end up around Zero for the Period with no net loss or gain in Hash on the Network?

Rich

https://blockchain.info/blocks

Height     Time

402616 (Main Chain)   2016-03-14 12:37:02

402534 (Main Chain)   2016-03-14 00:00:56

83 blocks in 12 ½ hours should be 75 so pace has picked back up

RichBC

hero member

Activity: 588

Merit: 500

So the Downward trend for the Period continues, as to what is going on? It could just be that there is very little going on, with all that we have seen so far being nothing more than Variance and we are going to end up around Zero for the Period with no net loss or gain in Hash on the Network?

Rich

mavericklm

hero member

Activity: 742

Merit: 500

atm +3.29%

nice!

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

yeah blockchain was way down today.

https://blockchain.info/blocks/1457840530297

402533 (Main Chain) 2016-03-13 23:58:01

402401 (Main Chain) 2016-03-13 00:05:57

133 blocks -11

Mikestang

legendary

Activity: 1274

Merit: 1000

Quote from: Chris_Sabian on March 13, 2016, 09:44:30 AM

Quote from: tss on March 12, 2016, 10:32:17 PM

looks like i missed it. i would have said +4.8

I missed it too. I was busy with a project and forgot to check the forum for a bit. Oh well.

I had a last minute trip out of town and also didn't get a pick in this week, but that's ok because looking at the trend the network seems to be dialing back every so slightly and I would have predicted a constant slight up-trend. Most likely still be a positive, but not too drastic.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: mu77aL on March 13, 2016, 06:44:29 PM

+5.2 or stable Shocked

Well blindminer would hope you are correct since 5.2 is his pick😀

mu77aL

sr. member

Activity: 378

Merit: 250

+5.2 or stable Shocked

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: RichBC on March 13, 2016, 05:07:54 PM

Yes the downward trend that started Yesterday has continued with the run rate Today currently at -10%. If this continues, here's hoping.... Then this Period could be a Zero or another negative?

Rich

If we get another negative... I will even more confused. It was like we had a race going on lots of hash hitting all around.... then negative. If we get another negative I for sure will not know what to think.

I wish I knew if someone was planning on upgrade soon and clearing spots, that would make sense. Or A1's finnaly coming out of commission in china data centers. I have thought about a ton of theories every day but non can be backed up by facts.

flikflak

sr. member

Activity: 408

Merit: 259

According to www.blockchain.info/stats there are only 168 nodes connected (slowly rising, normal is 300+). Maybe thats why we have seen the lower hashrate yesterday.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: RichBC on March 13, 2016, 05:07:54 PM

Yes the downward trend that started Yesterday has continued with the run rate Today currently at -10%. If this continues, here's hoping.... Then this Period could be a Zero or another negative?

Rich

sshhhh stick with +1%

then when it comes -1.11%

I will roll it over. Grin

RichBC

hero member

Activity: 588

Merit: 500

Yes the downward trend that started Yesterday has continued with the run rate Today currently at -10%. If this continues, here's hoping.... Then this Period could be a Zero or another negative?

Rich

notlist3d

legendary

Activity: 1456

Merit: 1000

Bitwisdom continues to lower:

Bitcoin Difficulty:    158,427,203,767
Estimated Next Difficulty:    164,885,616,625 (+4.08%)
Adjust time:    After 698 Blocks, About 4.7 days
Hashrate(?):    1,162,572,972 GH/s
Block Generation Time(?):
1 block: 9.6 minutes
3 blocks: 28.9 minutes
6 blocks: 57.7 minutes

Price is around 412, so not horrible but could be better. I am surprised if we get a lower number then 4 that is a pretty good difficulty change anymore. I could be happy with this change.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

-1.2 = philipma1957 If I hit I will roll it over
+0.0 = adaseb
+1.3 = VRobb
+2.3 = leowonderful
+2.7 = HerbPean
+3.1 = tertius993 ---- will donate back if he wins thanks!
+4.2 = VirosaGITS
+4.4 = ingiltere
+5.0 = tlhIlwI
+5.1 = wlefever
+5.2 = blindminer
+5.4 = alh
+5.5 = pusttiu
+5.6 = fr4nkthetank
+5.7 = wpt1wpt1
+5.8 = flikflak
+6.0 = radiumsoup
+6.4 = zebedee
+6.5 = mavericklm
+6.6 = indiemax
+6.7 = Amph
+6.8 = RichBC
+7.0 = ezeminer
+7.2 = edonkey
+7.5 = HagssFIN
+7.8 = Kexkey
+8.8 = lanfeusst
+9.0 = alfacro
+12.4 = psi

Picks are closed

https://bitcoinwisdom.com/bitcoin/difficulty

Bitcoin Difficulty:   158,427,203,767
Estimated Next Difficulty:   165,722,774,987 (+4.60%)
Adjust time:   After 706 Blocks, About 4.7 days
Hashrate(?):   1,178,586,583 GH/s
Block Generation Time(?):
1 block: 9.6 minutes
3 blocks: 28.6 minutes
6 blocks: 57.3 minutes
Updated:   12:30 (1.7 minutes ago)

https://blockchain.info/blocks

402493 (Main Chain)   2016-03-13 16:19:04
402401 (Main Chain)   2016-03-13 00:05:57

93 blocks made in 16 ½ hours means 93/99 = -6.06% rate for those 16 ½ hours would be nice for this to do just that for the next few days.

A -6% rate for the next 706 blocks would drop us close to 1% something to hope for

Chris_Sabian

legendary

Activity: 896

Merit: 1001

Quote from: tss on March 12, 2016, 10:32:17 PM

looks like i missed it. i would have said +4.8

I missed it too. I was busy with a project and forgot to check the forum for a bit. Oh well.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: RichBC on March 13, 2016, 03:25:12 AM

So Yesterday was fairly unique with exactly 144 Blocks. Also the downward trend that started Yesterday has continued with us off to a very slow start this Morning. As ever to early in the Day to tell but with luck some Hash has been removed from the network? Today's run rate, 8 Hours in, is -3.8% and run rate for this Period to date +4.95%.

If this trend were to continue we could end up zero or negative, but I suspect things will pick up...

Rich

https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty:   158,427,203,767
Estimated Next Difficulty:   165,756,426,406 (+4.63%) this is looking better
Adjust time:   After 741 Blocks, About 4.9 days
Hashrate(?):   1,172,882,938 GH/s
Block Generation Time(?):
1 block: 9.5 minutes
3 blocks: 28.6 minutes
6 blocks: 57.1 minutes
Updated:   7:15 (3.0 minutes ago

Topic: diff thread Mar 3 to Mar 17? picks are closed.... prize = 0.1 btc - page 3. (Read 6736 times)