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kokojie's reputation thread
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I've made some of my own calculations, judging by the number of blocks found, and the pool hashrate, the number of blocks the pool has found is about 110, number of blocks mined is about 215, if the average pool hashrate over the last 24 hours has been about 100MH, then the total network should be about 200MH or so. Unless I've calc'd something wrong. I'd say that's not a good way to calculate or check due to luck and hash rate fluctuation on the pool. I guess a good sanity check is vs litecoin's (hash rate/difficulty) ratio. Right now litecoin's ratio is (11.74/396) = 0.0296 bitbar's ratio is (0.53/17.86) = 0.0296 Voila, same ratio. The math checks out on my estimate I think. (i made bitbar.info) |
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B7kNP5gBG4V527ax6v4vBQBG5Zn5tciaim  I'll leave the critiquing to you guys  . Good effort, I like how you made BTC small compared to BTB, that's the idea, sent 0.05 to you too |
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I support raising the fee, I'd like to donate 2%, but as you said the average is 0.5%, I feel if I donate 2%, others are just getting a free ride on my donation. I guess set a 1.5% fee would be the best approach.
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+1 for ImI, I have done a 4 BTC worth of trade with ImI, great transaction.
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 BK4fdm6Ci3r7qHwz9dbCKyLm8pSL3Q65sG  Give the guy .05 for that!  Yep, Sent .05 to him |
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I can get 0.3 BTC then?  I'll buy for 0.3 BTC |
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How do I read that exactly? I notice for the most recent block in the list, it's showing 143639548 ...so 143MH/s ... that differs from the figure shown on the other stats page, so I assume I'm reading it incorrectly. I think he needs to alter algorithm for ppc based coin. The binarycoins pool alone has 100 MH/s. My estimate of hash rate is more in line with the difficulty I believe. |
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I find it interesting that most of the loud voices are big into litecoin when litecoin's current anti-dust relay/mining policy is far more aggressive than anything proposed for Bitcoin. Because it's not? wtf are you talking about? |
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This is sad in so many ways. To sum it up :
*1. One guy is deciding stuff. Backed by thedev group; not very decentralized.
*2. No alternatives to resist this.
*3. Bitcoin no longer equals 100mil satoshis! only 00000 !!!
*4. Goes against the ideology of the original paper by Satoshi which clearly states that btc is created for small transactions.
*5. I believe value of btc will rise. at 184+ you wont be able to pay in pennies. At 1842+ not in tens ofpennies. At 18416+ not in dollars. [I believe btc can rise upto this value]
*6. The sum of 54.3uBTC was chosen based on 'current value in dollars' it seems. Disappointing! Why are we comparing to fiat? We aim to move away from it.
Practically this is a change in the protocol and the way bitcoin works.
There is, the alternative is LTC, it's designed for micro-transactions that BTC chain can't handle. Like I said a year ago, LTC will be a transactional currency, while BTC will be a reserve currency (no tiny transactions allowed at all). LTC is a great supplement for BTC. |
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+1 for bitaccumulation, fast and reliable trader
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Anyway to report bugs?
My BTB wallet freeze right after I launched it... tried Re-launched it, reboot pc many times, deleting all the cache files it still remain the same.
If nothing else works, you can still run bitbard.exe in command line mode, and use it like namecoin, in command line mode you can still do everything. |
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About the NMC, if ASICMINER exchanges it on BTC-e, it should make it in a way that does not make the exchange rate sink down. The market for NMC is really shallow compared to BTC.
Besides, BTC-e is not the only NMC exchange, Vircurex and Cryptonit also exchange NMC <-> BTC
He don't even have to sell on BTC-E. I'll take any amount of NMC at 20% discount to BTC-E market price, and handle the selling. Share holder still get extra income, and friedcat only has to spend 30 seconds to send NMC to me. |
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When the bitcoin market cap is 1 trillion, the mining network hardware would be worth roughly 10B at minimum, so the NSA need to at minimum invest 10B to have a remote chance to 51%, also the government usually can't work that efficiently, more like 30B investment. Good luck getting that budget passed in Congress.
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Everyone above this post has been sent.
I'm going away for the weekend, so I'm temporarily locking this thread up. I'll be back at it on Monday.
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For those not want to open up client to check on network stats, I put together a network stats page here: http://www.bitbar.info/stats/index.phpI will add more stats and forum next week. Site is not done. |
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1JYUfM2uLhFHNWVfysy3hiCXGpuwZGmHFF
Thanks in advance.
Invalid address. |
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