[LTCD] LitecoinDark.com ★ Scrypt ★ Difficulty Shield ★ Multipool ★ Fast - page 315.

TrollByFire

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Activity: 168

Merit: 100

Quote from: Matthaggie on September 14, 2014, 09:09:01 PM

Im going to hold.. Wink

and hold off on mining for a bit, but I am watching.. the second the diff drops im back in, but mining now is ponderous

Warning, slight rant incoming.

This is the very root of the problem. When miners quit mining, blocks can't be found. When blocks aren't found, transactions don't get confirmed AND difficulty doesn't get properly adjusted. How many mined feathercoin at a loss when they the same problem?

You mine for profitability, but until the price goes up, it won't be profitable. That said, the price isn't likely to go up until some blocks are found and the chain gets moving again.

This is why altcoins die. If you want to help the project, you don't have to donate. Mine blocks. Pre-release is coming tomorrow. New difficulty algorithm is in the prerelease. It will still need someone to mine to get it over the block target for the chain fork.

Matthaggie

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Yeah, that will be nice.. Is there a wallet upgrade too?

yeahright

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Merit: 100

Quote from: Matthaggie on September 14, 2014, 09:11:40 PM

I have another Zeus miner coming in a few days... hope its fixed by then Grin

Yeah with the multipools pushing tons of hashing it's not really worth mining till digishield is implemented.

Matthaggie

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Merit: 102

I have another Zeus miner coming in a few days... hope its fixed by then Grin

Matthaggie

full member

Activity: 153

Merit: 102

Im going to hold.. Wink

and hold off on mining for a bit, but I am watching.. the second the diff drops im back in, but mining now is ponderous

forbesmining

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Activity: 297

Merit: 100

Be bold, believe, hold Cool

Matthaggie

full member

Activity: 153

Merit: 102

Thanks, I will keep watching, but for now its very expensive to mine,for me anyways. Undecided

UniversityCoin

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yeahright

full member

Activity: 297

Merit: 100

Quote from: Matthaggie on September 14, 2014, 08:37:33 PM

Is the difficulty ever going to drop?, Its gone from 100K Mhs to 5kMhs, and for two (2) days the difficulty is still at 2,509....next block 79.9, but it never drops... with the small amount of people mining now, it takes 2 hours per block.. its stupid!! Im about to quit too. go mine doge and make more

See the dev's announcement here https://bitcointalksearch.org/topic/m.8820962 they are implementing digishield.

Matthaggie

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Activity: 153

Merit: 102

Is the difficulty ever going to drop?, Its gone from 100K Mhs to 5kMhs, and for two (2) days the difficulty is still at 2,509....next block 79.9, but it never drops... with the small amount of people mining now, it takes 2 hours per block.. its stupid!! Im about to quit too. go mine doge and make more

Mig-23

legendary

Activity: 1176

Merit: 1000

must create a new breakthrough,..maybe Wink

voodoo1967

member

Activity: 98

Merit: 10

Litecoindark Reddit Moderator

if they want to load up good for them but it hurts the price going up. After they load up then they will let the price go up lol

The ones selling are being fooled lol

sally87

newbie

Activity: 42

Merit: 0

And i'm holding too ;

voodoo1967

member

Activity: 98

Merit: 10

Litecoindark Reddit Moderator

look at the bottom 7 on the sell side all the same almost lol the game is on. Iam holding big time

travis72682

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Activity: 168

Merit: 100

Quote from: voodoo1967 on September 14, 2014, 06:56:46 PM

just look at the buys on the order book 40.0 is a really common number since about 2 this afternoon lol hello whale buying up the ltcd that falls from the week hands

The small bids have been coming for over 12 hours. longer probably..(which means probably is a bot, but the intentions are clear) He/they are stocking up and hitting the market HARD....

travis72682

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Activity: 168

Merit: 100

Quote from: ?? on ??

i really dont think the 40 man is one of the whales
he is just using a trading program that allows him to split his orders and place them in a cetrain spread...

defenatly not helping fot the coin

I would have to argue, unless the bot is designed to drive the price down. I sat and watched them be used on both the buy and sell side. On the sell sides he uses them to under bid himself numerous times to scare ppl into thinking ppl are dumping. On the buy side he uses them to bury legit buy walls so there is very little visible buy support which doesnt help confidence.

I would bet my bottom dollar that it is someone manipulating the price. Last night for a period of time I spent my time selling about a thousand ltcd RIGHT under the sell wall. then proceed to eat up the 40 sells at a tiny profit each.. Took about 3 minutes for them to suddenly stop appearing (he noticed what I was doing IM sure)

Sell if you want, its your choice, After watching the market the last 24 hours my hand is about 100% stronger. Thanks whoever is playing in the market. I was contemplating getting out. Now I KNOW I should stay. . .

voodoo1967

member

Activity: 98

Merit: 10

Litecoindark Reddit Moderator

Quote from: ?? on ??

i really dont think the 40 man is one of the whales
he is just using a trading program that allows him to split his orders and place them in a cetrain spread...

defenatly not helping fot the coin

ahh I see but like you said its not helping the price lol but we should all just hold and wait for the price to climb that it surely will

TrangLee

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Activity: 210

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Living the dream

Every coin seems to have these small orders of coins. Nothing new to me.

voodoo1967

member

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Merit: 10

Litecoindark Reddit Moderator

just look at the buys on the order book 40.0 is a really common number since about 2 this afternoon lol hello whale buying up the ltcd that falls from the week hands

voodoo1967

member

Activity: 98

Merit: 10

Litecoindark Reddit Moderator

Quote from: travis72682 on September 14, 2014, 06:25:53 PM

Quote from: mothermole1 on September 14, 2014, 04:59:43 PM

This correction is a VERY good thing. Prices cannot continue to rise indefinitely, people need to sell, and eventually that sell volume overpowers the buyers creating this correction in price. As you can see, this is no crash, just a period of solidification.

Note that the trend for the 2 week period is still holding.

No, THis is NOTHING more than a whale or two turning a market upside down until the weak coins fall out.. I gotta say, well done. You will see me making money with you when you shake markets down from here on. (not that I have the pockets, but I can see the trends a mile away)

Your are right the whales has been there a while just look at the order books and look at all the 40.0 buys and 41.0 sells I seen like the top 8 buys were 40.0 coins all different buy a few sats and then look at sells 40 coins at a time looks very weird on bittrex +1

Topic: [LTCD] LitecoinDark.com ★ Scrypt ★ Difficulty Shield ★ Multipool ★ Fast - page 315. (Read 368578 times)