Offical launch of PhenixCoin.com - page 57.

Joerii

legendary

Activity: 1274

Merit: 1050

I'm on Cryptsy a lot, watching the prices and buying small, low sell orders, so YOU dont have to. I'm selling these 5k batches through safetrade. 5k for 1 BTC is actually a good price, you'd have to spend a lot of time getting it cheaper. Low volume on Cryptsy makes it hard to buy more then a few K at a reasonable price.
Search for these TX ID's on phenixst.com :

Selling :

5k for 1 BTC : 51B4A3DD-8F75-F123-70F8, 51B4A5C3-54D5-6678-3C1D, 51B4A60A-9B70-F12C-5070,51B4A643-B98E-6972-AB10
10k for 2 BTC: 51B4A685-A7DC-CFB1-CFC9

I'm also buying PXC 10k for 1.75 BTC ~~: 51B4A685-A7DC-CFB1-CFC9~~

I'm temporarily out of BTC. Buying more when my SEPA transfer comes in at MtGox or when I sell some of the above orders.

Due too the scary news around Cryptsy, I'm cancelling all my trades and pulling back all funds, sorry no trades at this time.

nawazish1

sr. member

Activity: 462

Merit: 250

PXC Research Team

Quote from: MaGNeT on June 09, 2013, 08:17:58 AM

Quote from: zackclark70 on June 09, 2013, 08:06:27 AM

Quote from: JeanCool on June 09, 2013, 08:01:18 AM

Quote from: cryptohunter on June 09, 2013, 06:48:36 AM

i've left a miner on this as i think pxc is only unprofitable to mine if you judge it on todays price, if you take in to account the devs and the forthcoming things for pxc you can see easilyt the value is 5x or more what it is saying now. So if you believe this it is still profitable to mine.

However i have said this since the begining of the thread that the diff readjust is not good, it needs to really work like dgc and wdc fast readjustment is protect against immediate profit miners that mess with the diff. It stops them raiding lots of easy coins and leaving the dff high when the go on to mine the next coin.

This coin design is now out dated and needs a far quicker readjust.

Actually this seemes more like a targeted attack. for some hours there were more than 3.5 GHash on PXC - from 4-500 before and now like 60 lol...so this was not a miner thing but somebody tried to bring it down..but no way!

lets hope thay make a hard fork and change the diff retaget times to 1h or so

576 block / 48 hour retarget is fast enough to not get it stuck for a long time.

But the real problem is: we all believe in PXC but when diff is a bit high we start looking at "profitability" and "mining at loss". What loss? Don't you believe in it anymore? Are you selling now anyway? I'm not... So how can you tell you're are mining at loss?

When LTC diff was 10 in 2012, I wish I would have kept mining until april 2013... But I didn't, because it was "mining at a loss"... Now I regret...

If you support/believe in a coin, mine it or buy it, for better or worse.

I do both

When the new features of the Phenix developers are released, price will go up and difficulty 10 will be the lowest you will see for a long while.

I was thinking the same but don't know what drove me away. You brought me back to PXC. Thanks.

JeanCool

full member

Activity: 224

Merit: 100

School of Hard Knocks

Quote from: MaGNeT on June 09, 2013, 08:17:58 AM

Quote from: zackclark70 on June 09, 2013, 08:06:27 AM

Quote from: JeanCool on June 09, 2013, 08:01:18 AM

Quote from: cryptohunter on June 09, 2013, 06:48:36 AM

i've left a miner on this as i think pxc is only unprofitable to mine if you judge it on todays price, if you take in to account the devs and the forthcoming things for pxc you can see easilyt the value is 5x or more what it is saying now. So if you believe this it is still profitable to mine.

However i have said this since the begining of the thread that the diff readjust is not good, it needs to really work like dgc and wdc fast readjustment is protect against immediate profit miners that mess with the diff. It stops them raiding lots of easy coins and leaving the dff high when the go on to mine the next coin.

This coin design is now out dated and needs a far quicker readjust.

Actually this seemes more like a targeted attack. for some hours there were more than 3.5 GHash on PXC - from 4-500 before and now like 60 lol...so this was not a miner thing but somebody tried to bring it down..but no way!

lets hope thay make a hard fork and change the diff retaget times to 1h or so

576 block / 48 hour retarget is fast enough to not get it stuck for a long time.

But the real problem is: we all believe in PXC but when diff is a bit high we start looking at "profitability" and "mining at loss". What loss? Don't you believe in it anymore? Are you selling now anyway? I'm not... So how can you tell you're are mining at loss?

When LTC diff was 10 in 2012, I wish I would have kept mining until april 2013... But I didn't, because it was "mining at a loss"... Now I regret...

If you support/believe in a coin, mine it or buy it, for better or worse.

I do both

When the new features of the Phenix developers are released, price will go up and difficulty 10 will be the lowest you will see for a long while.

Words of wisdom spoken here!

MaGNeT

legendary

Activity: 1526

Merit: 1002

Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na

Quote from: zackclark70 on June 09, 2013, 08:06:27 AM

Quote from: JeanCool on June 09, 2013, 08:01:18 AM

Quote from: cryptohunter on June 09, 2013, 06:48:36 AM

i've left a miner on this as i think pxc is only unprofitable to mine if you judge it on todays price, if you take in to account the devs and the forthcoming things for pxc you can see easilyt the value is 5x or more what it is saying now. So if you believe this it is still profitable to mine.

However i have said this since the begining of the thread that the diff readjust is not good, it needs to really work like dgc and wdc fast readjustment is protect against immediate profit miners that mess with the diff. It stops them raiding lots of easy coins and leaving the dff high when the go on to mine the next coin.

This coin design is now out dated and needs a far quicker readjust.

Actually this seemes more like a targeted attack. for some hours there were more than 3.5 GHash on PXC - from 4-500 before and now like 60 lol...so this was not a miner thing but somebody tried to bring it down..but no way!

lets hope thay make a hard fork and change the diff retaget times to 1h or so

576 block / 48 hour retarget is fast enough to not get it stuck for a long time.

But the real problem is: we all believe in PXC but when diff is a bit high we start looking at "profitability" and "mining at loss". What loss? Don't you believe in it anymore? Are you selling now anyway? I'm not... So how can you tell you're mining at loss?

When LTC diff was 10 in 2012, I wish I would have kept mining until april 2013... But I didn't, because it was "mining at a loss"... Now I regret...

If you support/believe in a coin, mine it or buy it, for better or worse.

I do both

When the new features of the Phenix developers are released, price will go up and difficulty 10 will be the lowest you will see for a long while.

lucazane

legendary

Activity: 1198

Merit: 1000

Quote from: zackclark70 on June 09, 2013, 08:06:27 AM

lets hope thay make a hard fork and change the diff retaget times to 1h or so

hardfork is bad for the reputation of the coin.

we need hash power or price jump

zackclark70

legendary

Activity: 868

Merit: 1000

ADT developer

Quote from: JeanCool on June 09, 2013, 08:01:18 AM

Quote from: cryptohunter on June 09, 2013, 06:48:36 AM

i've left a miner on this as i think pxc is only unprofitable to mine if you judge it on todays price, if you take in to account the devs and the forthcoming things for pxc you can see easilyt the value is 5x or more what it is saying now. So if you believe this it is still profitable to mine.

However i have said this since the begining of the thread that the diff readjust is not good, it needs to really work like dgc and wdc fast readjustment is protect against immediate profit miners that mess with the diff. It stops them raiding lots of easy coins and leaving the dff high when the go on to mine the next coin.

This coin design is now out dated and needs a far quicker readjust.

Actually this seemes more like a targeted attack. for some hours there were more than 3.5 GHash on PXC - from 4-500 before and now like 60 lol...so this was not a miner thing but somebody tried to bring it down..but no way!

lets hope thay make a hard fork and change the diff retaget times to 1h or so

JeanCool

full member

Activity: 224

Merit: 100

School of Hard Knocks

Quote from: cryptohunter on June 09, 2013, 06:48:36 AM

i've left a miner on this as i think pxc is only unprofitable to mine if you judge it on todays price, if you take in to account the devs and the forthcoming things for pxc you can see easilyt the value is 5x or more what it is saying now. So if you believe this it is still profitable to mine.

However i have said this since the begining of the thread that the diff readjust is not good, it needs to really work like dgc and wdc fast readjustment is protect against immediate profit miners that mess with the diff. It stops them raiding lots of easy coins and leaving the dff high when the go on to mine the next coin.

This coin design is now out dated and needs a far quicker readjust.

Actually this seemes more like a targeted attack. for some hours there were more than 3.5 GHash on PXC - from 4-500 before and now like 60 lol...so this was not a miner thing but somebody tried to bring it down..but no way!

nawazish1

sr. member

Activity: 462

Merit: 250

PXC Research Team

Quote from: cryptohunter on June 09, 2013, 06:48:36 AM

i've left a miner on this as i think pxc is only unprofitable to mine if you judge it on todays price, if you take in to account the devs and the forthcoming things for pxc you can see easilyt the value is 5x or more what it is saying now. So if you believe this it is still profitable to mine.

However i have said this since the begining of the thread that the diff readjust is not good, it needs to really work like dgc and wdc fast readjustment is protect against immediate profit miners that mess with the diff. It stops them raiding lots of easy coins and leaving the dff high when the go on to mine the next coin.

This coin design is now out dated and needs a far quicker readjust.

I am agreed. We need even faster difficulty adjustments then DGC and WDC. It will make a huge difference if the difficulty adjustment is set to 2-3 hour.

zackclark70

legendary

Activity: 868

Merit: 1000

ADT developer

Quote from: cryptohunter on June 09, 2013, 06:48:36 AM

i've left a miner on this as i think pxc is only unprofitable to mine if you judge it on todays price, if you take in to account the devs and the forthcoming things for pxc you can see easilyt the value is 5x or more what it is saying now. So if you believe this it is still profitable to mine.

However i have said this since the begining of the thread that the diff readjust is not good, it needs to really work like dgc and wdc fast readjustment is protect against immediate profit miners that mess with the diff. It stops them raiding lots of easy coins and leaving the dff high when the go on to mine the next coin.

This coin design is now out dated and needs a far quicker readjust.

they need to do what i planed with the diif chances and fees https://bitcointalksearch.org/topic/ann-crd-credits-a-new-crypto-with-real-innovation-226582

cryptohunter

legendary

Activity: 2100

Merit: 1167

MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

i've left a miner on this as i think pxc is only unprofitable to mine if you judge it on todays price, if you take in to account the devs and the forthcoming things for pxc you can see easilyt the value is 5x or more what it is saying now. So if you believe this it is still profitable to mine.

However i have said this since the begining of the thread that the diff readjust is not good, it needs to really work like dgc and wdc fast readjustment is protect against immediate profit miners that mess with the diff. It stops them raiding lots of easy coins and leaving the dff high when the go on to mine the next coin.

This coin design is now out dated and needs a far quicker readjust.

JeanCool

full member

Activity: 224

Merit: 100

School of Hard Knocks

Finally I can put another 2 MHash at PXC again, had probs for more than 12 hours with my rig ... Folks, heads up, clench your teeth and let's go ... United we stand divided we fall ... This will make PXC even stronger and we will rise from the ashes ...Things to come in the pipeline and it will all pay out in thelong run ... don't forget PXC is tout jsut like three weeks and it was obviously already perceived as a threat. Maybe somebody wanted to gain some time ... The devs will work swiftly and we support them and thecoin by mining those blocks away! So everyone is doing the best he can ...

nawazish1

sr. member

Activity: 462

Merit: 250

PXC Research Team

Quote from: zackclark70 on June 09, 2013, 06:35:37 AM

if i was the devs i would be geting ready for a hard fork ( just in case its needed ) with bitcoin price faling pxc should go up

AT this time PXC should go up. BUt if I were a dev I would have released a market place and a forum to increase the value. The hard fork is not needed at the moment but if the price stays there for two more days we will definitely be needing a hard fork.

zackclark70

legendary

Activity: 868

Merit: 1000

ADT developer

if i was the devs i would be geting ready for a hard fork ( just in case its needed ) with bitcoin price faling pxc should go up

clint25n

sr. member

Activity: 840

Merit: 250

Quote from: lucazane on June 09, 2013, 06:05:34 AM

The network mine a block every 17 minutes !

It will take 24 Days at current hashrate to reach the diff retarget ! by the way, the hashrate still continue to drop !

We need to get more hashrate or pxc will die

I would'nt make network rate my biggest concern. Look at MNC, they dealt with 15 MH/s for a loong time, and after their long awaited blockchain patch fork, they are still only at like 50 MH/s today.

Phenix has the best potential out of most of the altcoins. Only a couple out there are pouring talent into their community.
I wouldn't sweat it. The dev just needs to take his time watching what needs to be done then releasing a well timed patch that corrects diff re-targeting.

When the services come, the value goes up.. and so does the profitability.

ImI

legendary

Activity: 1946

Merit: 1019

Quote from: lucazane on June 09, 2013, 06:24:28 AM

18 Days is still a lot !

And now calculate that miners dont like to loose money while mining and you are good to go with 100 days.

MKoch

newbie

Activity: 47

Merit: 0

Quote from: lucazane on June 09, 2013, 06:24:28 AM

Quote from: zackclark70 on June 09, 2013, 06:13:16 AM

Quote from: lucazane on June 09, 2013, 06:05:34 AM

The network mine a block every 17 minutes !

It will take 24 Days at current hashrate to reach the diff retarget ! by the way, the hashrate still continue to drop !

We need to get more hashrate or pxc will die

i will put 50,000kh to it when i have my new rigs in a few days ( i dont realy want to thow because i not want to hold to big a stake in pxc )

Average time per block = 10,39((2^32)/(3600*57)) = ~ 13 min => made a mistake before on block time

number of block to retarget : 2010

13*2010= 26130 minutes ~ 435 Hours ~ 18 days

18 Days is still a lot !

Yes of course, this is still alot .... i will stay on PXC, even with the high diff... anyway i have only a 600 KH/s rig. I hope that we have some people that stay on PXC to get this blocks slowy eaten....

lucazane

legendary

Activity: 1198

Merit: 1000

Quote from: zackclark70 on June 09, 2013, 06:13:16 AM

Quote from: lucazane on June 09, 2013, 06:05:34 AM

The network mine a block every 17 minutes !

It will take 24 Days at current hashrate to reach the diff retarget ! by the way, the hashrate still continue to drop !

We need to get more hashrate or pxc will die

i will put 50,000kh to it when i have my new rigs in a few days ( i dont realy want to thow because i not want to hold to big a stake in pxc )

Average time per block = 10,39((2^32)/(3600*57)) = ~ 13 min => made a mistake before on block time

number of block to retarget : 2010

13*2010= 26130 minutes ~ 435 Hours ~ 18 days

18 Days is still a lot !

zackclark70

legendary

Activity: 868

Merit: 1000

ADT developer

Quote from: lucazane on June 09, 2013, 06:05:34 AM

The network mine a block every 17 minutes !

It will take 24 Days at current hashrate to reach the diff retarget ! by the way, the hashrate still continue to drop !

We need to get more hashrate or pxc will die

i will put 50,000kh to it when i have my new rigs in a few days ( i dont realy want to thow because i not want to hold to big a stake in pxc )

MKoch

newbie

Activity: 47

Merit: 0

Quote from: lucazane on June 09, 2013, 06:05:34 AM

The network mine a block every 17 minutes !

It will take 24 Days at current hashrate to reach the diff retarget ! by the way, the hashrate still continue to drop !

We need to get more hashrate or pxc will die

Where do you get the information from? I'm still looking for a site where i can see the next "retarget block" so that i could calculate some thing .... pxc.epools.org says that the next retarget is on 18.06.2013... 9 days. Don't know who is wrong now Wink

lucazane

legendary

Activity: 1198

Merit: 1000

The network mine a block every 17 minutes !

It will take 24 Days at current hashrate to reach the diff retarget ! by the way, the hashrate still continue to drop !

We need to get more hashrate or pxc will die

Topic: Offical launch of PhenixCoin.com - page 57. (Read 151407 times)