[NEW CURRENCY] Maria 2.0 was banned, here is her proof. The birth of Bytecoin! - page 48.

frga13

sr. member

Activity: 383

Merit: 250

Quote from: phantastisch on April 02, 2013, 11:26:34 AM

Quote from: maxmint on April 02, 2013, 11:24:08 AM

Currently trying to mine (for the first time). If my GUIMiner says "Difficulty 1" then there's something not right, correct? Shouldn't it already be at 64?
If someone can send me a coing to start with, that would be great:
8VjoQVrjMLghNHC45AiFrJMZ8dH5acw5CC

Quote from: frga13 on April 02, 2013, 11:24:04 AM

Me too
All blocks rejected...

Can someone send 1 BTE to see if this things work?
8MTHygmuLs2kSjZbqPMy13VdspqdXdFBEh

thx a lot!

http://blockexplorer.bytecoin.in/tx/37bb920f82b76e6a23e73b782bec34255ad2fe2f784c592d01eab150bcc0e060

I got it, thx!

So, wallet is working... and now I must setup cgminer...

maxmint

hero member

Activity: 700

Merit: 500

Quote from: xorxor on April 02, 2013, 11:24:40 AM

Quote from: maxmint on April 02, 2013, 10:33:47 AM

Quote from: ?? on ??

Quote from: maxmint on April 02, 2013, 10:32:23 AM

I'm buying 21,000 BTE for 0.1 BTC

That looks reasonable, me too.

And we already have a market price!

that's not a market price. thats BID.
you need an ASK to even try to guess the market price ,
and market price is what last trade taken place at(pizza), that would be 0,0001111 BTC/BTE or 9000 BTE/BTC for easier calc.

difficulty is 64 with 60% rejects, so mining now gives you 3.143 BTE a day per MH , comparing to LTC profitability thats a minting cost of 0,0107 usd
which makes actual price of 0,01198 usd very reasonable.

but you have to know, difficulty is 64 but blocks are found at high rate so this price is a steal!! difficulty will be 256 in no time.
that is a mintage cost of 0,043USD. but i think there will be no more 60% rejects at diff256 so lets say it will be around .02 usd and 5400 BTE/BTC.
thats of course if no one else starts mining.

so i will make a 540 BTE per 0.1BTC ASK offer. now you can see your 21000 is just a BID , not a market price

My offer wasn't really that serious... But thanks for your explanation.

mycketbra

full member

Activity: 193

Merit: 100

Quote from: xorxor on April 02, 2013, 11:24:40 AM

Quote from: maxmint on April 02, 2013, 10:33:47 AM

Quote from: ?? on ??

Quote from: maxmint on April 02, 2013, 10:32:23 AM

I'm buying 21,000 BTE for 0.1 BTC

That looks reasonable, me too.

And we already have a market price!

that's not a market price. thats BID.
you need an ASK to even try to guess the market price ,
and market price is what last trade taken place at(pizza), that would be 0,0001111 BTC/BTE or 9000 BTE/BTC for easier calc.

difficulty is 64 with 60% rejects, so mining now gives you 3.143 BTE a day per MH , comparing to LTC profitability thats a minting cost of 0,0107 usd
which makes actual price of 0,01198 usd very reasonable.

but you have to know, difficulty is 64 but blocks are found at high rate so this price is a steal!! difficulty will be 256 in no time.
that is a mintage cost of 0,043USD. but i think there will be no more 60% rejects at diff256 so lets say it will be around .02 usd and 5400 BTE/BTC.
thats of course if no one else starts mining.

so i will make a 540 BTE per 0.1BTC ASK offer. now you can see your 21000 is just a BID , not a market price

That's incredibly, incredibly funny. I never thought I would be a smart speculator

ebildude123

full member

Activity: 223

Merit: 100

Damn i wish there was a pool for there now or something since people actually use it and since the only thing that supports mining is my CPU >_>

Donate BTE: 8YQ1ChB58mr3bdfSN3ACRymzKskCRD2Jph
:>

phantastisch

legendary

Activity: 2271

Merit: 1363

Quote from: maxmint on April 02, 2013, 11:24:08 AM

Currently trying to mine (for the first time). If my GUIMiner says "Difficulty 1" then there's something not right, correct? Shouldn't it already be at 64?
If someone can send me a coing to start with, that would be great:
8VjoQVrjMLghNHC45AiFrJMZ8dH5acw5CC

Quote from: frga13 on April 02, 2013, 11:24:04 AM

Me too
All blocks rejected...

Can someone send 1 BTE to see if this things work?
8MTHygmuLs2kSjZbqPMy13VdspqdXdFBEh

thx a lot!

http://blockexplorer.bytecoin.in/tx/37bb920f82b76e6a23e73b782bec34255ad2fe2f784c592d01eab150bcc0e060

xorxor

sr. member

Activity: 476

Merit: 253

Quote from: maxmint on April 02, 2013, 10:33:47 AM

Quote from: ?? on ??

Quote from: maxmint on April 02, 2013, 10:32:23 AM

I'm buying 21,000 BTE for 0.1 BTC

That looks reasonable, me too.

And we already have a market price!

that's not a market price. thats BID.
you need an ASK to even try to guess the market price ,
and market price is what last trade taken place at(pizza), that would be 0,0001111 BTC/BTE or 9000 BTE/BTC for easier calc.

difficulty is 64 with 60% rejects, so mining now gives you 3.143 BTE a day per MH , comparing to LTC profitability thats a minting cost of 0,0107 usd
which makes actual price of 0,01198 usd very reasonable.

but you have to know, difficulty is 64 but blocks are found at high rate so this price is a steal!! difficulty will be 256 in no time.
that is a mintage cost of 0,043USD. but i think there will be no more 60% rejects at diff256 so lets say it will be around .02 usd and 5400 BTE/BTC.
thats of course if no one else starts mining.

so i will make a 540 BTE per 0.1BTC ASK offer. now you can see your 21000 is just a BID , not a market price

maxmint

hero member

Activity: 700

Merit: 500

Currently trying to mine (for the first time). If my GUIMiner says "Difficulty 1" then there's something not right, correct? Shouldn't it already be at 64?
If someone can send me a coing to start with, that would be great:
8VjoQVrjMLghNHC45AiFrJMZ8dH5acw5CC

frga13

sr. member

Activity: 383

Merit: 250

Me too
All blocks rejected...

Can someone send 1 BTE to see if this things work?
8MTHygmuLs2kSjZbqPMy13VdspqdXdFBEh

thx a lot!

PS where to see difficulty?

phantastisch

legendary

Activity: 2271

Merit: 1363

Quote from: ?? on ??

I can't mine a block. Would anyone send me some BTE?

8MQQCfJt9VxfGaK15WvpkNLEEkuJhA3jTy

http://blockexplorer.bytecoin.in/tx/c2ae0281727f3d8aa16d1d0e5d265bef55483cd68f786a11ebb464829365fdb8

phantastisch

legendary

Activity: 2271

Merit: 1363

Quote from: Walter Rothbard on April 02, 2013, 11:10:21 AM

Anyone got a faucet up, yet? I'd love to have somebody send me 1.0 BTE to 8X63EvPPwWncF4D6UobYLMiNVkG1J6ZdXr

No faucet but http://blockexplorer.bytecoin.in/tx/9b3050b548f7694e3f06e88e9a2313a315460813d7e408a2690d283c71121764

Walter Rothbard

sr. member

Activity: 476

Merit: 250

Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm

Anyone got a faucet up, yet? I'd love to have somebody send me 1.0 BTE to 8X63EvPPwWncF4D6UobYLMiNVkG1J6ZdXr

PEDTrader

member

Activity: 84

Merit: 10

★777Coin.com★ Fun BTC Casino!

Quote from: bushstar on April 02, 2013, 10:54:31 AM

Quote from: PEDTrader on April 02, 2013, 10:49:50 AM

Anyone interested in selling 100,000 BTE? If so how much are you asking for them?

You are asking for a third of all BTE out there right now.

Oh, in that case 10,000 BTE?

Krabby

sr. member

Activity: 644

Merit: 250

https://primedao.eth.link/#/

I would be interested in buying some.

bushstar

hero member

Activity: 617

Merit: 531

Quote from: PEDTrader on April 02, 2013, 10:49:50 AM

Anyone interested in selling 100,000 BTE? If so how much are you asking for them?

You are asking for a third of all BTE out there right now.

mycketbra

full member

Activity: 193

Merit: 100

I just paid $11.98 to have someone make and deliver a pizza to brie!

I received 1000 BTE in return. Thus BTE's official value in USD is currently $0.01198!

PEDTrader

member

Activity: 84

Merit: 10

★777Coin.com★ Fun BTC Casino!

Anyone interested in selling 100,000 BTE? If so how much are you asking for them?

phantastisch

legendary

Activity: 2271

Merit: 1363

Quote from: brie on April 02, 2013, 10:35:50 AM

1000 BTE = 1 Pizza Grin

Translates more to 1000 BTE = 0.1 BTC than 21000 BTE to 0.1 BTC

jubalix

legendary

Activity: 2632

Merit: 1023

HELP

IT CRASHES ON START-UP in windoze 7 ultimate??? whyyyy?

brie

full member

Activity: 154

Merit: 100

1000 BTE = 1 Pizza Grin

maxmint

hero member

Activity: 700

Merit: 500

Quote from: ?? on ??

Quote from: maxmint on April 02, 2013, 10:32:23 AM

I'm buying 21,000 BTE for 0.1 BTC

That looks reasonable, me too.

And we already have a market price!

Topic: [NEW CURRENCY] Maria 2.0 was banned, here is her proof. The birth of Bytecoin! - page 48. (Read 106432 times)