Anyone seeing this?

I mined FRC at Coinotron, and transferred 250.  Looking at the Freicoin blockchain, I don't see the transaction (that was 4 hours ago).  Anyone having problem with FRC transactions?  I had multiple transactions earlier and it worked fine.

Yeah, now that you say it, it's true!  And it went back down   Let's hope it stay at around 120 for a while.  That could be seen as a 100->120 in a few days instead of a a 50->120.

Well, 2½ days later and BTC more than doubled in value from 50$!  And yet, it seem to be passing much more under the radar than when we gained 50% in a few days

Nice work so far

Something should be done about the stats.  They should take into account the difficulty (multiplying share by difficulty) if that's possible, so we get the real picture.  For ex, I currently mine at 3.54GH/s, but seeing around 500~600MH/s.  It also affects the estimated reward, so until the TRC show up in the balance, there's no way to really know how many TRC we made

And, again, thanks

Looks like 50btc Web is down, so as pool.50btc.com.

However, backup pool is up.

I was thinking of something similar...

Have a coin with a new RPC function called "get_market_value".  This could then be increased by a fix percentage at each found block.  The value is arbitrary, but hardcoded.  Let's say for example that the value is set to double each year.  

Then, whenever you want to trade it, you would have a reference that is untouchable as a blue chip stock, yet give 100% profit year after year.  And this would still be protected from bubbles, get-rich-quick bulls driving the price insane, etc.  People would jump in for the stability, without any speculation, knowing exactly where is money is going to be worth in X years. There would always be constant flow as people would sell when needing fiat, while other would buy knowing that it will continue to have the same growth year after year.  Miners could just sell immediately or hold.  The number of mined StableCoins could be defined as a constant market value increasing with the typical inflation rate, so that someone finding a block today would get 100$ (for example), and someone finding a block in 10 years would still receive approximately 100$ worth of "today's" money.

We could start at genesis block with value of 1 USD (or 1 Euro, or whatever, we could even have StableCoinUSD, StableCoinEUR, etc. )

Ok, thanks

You can say it...  Steal-o-tron...  That also happen to require 520 confirms if you want 2% fee (that's like half a week...)

I just tried this new pool...  Looks very polished.  I have 5 workers and no problem so far

proudhon said so...  Damn, BTC 25$ in a few hours

Just to match with the other thread..

Although I think it may raise back to 100$...  Or it may settle to 60$ as the new "standard"...  Or it may have a depressing few months lowering back to single digit   If only one could tell, then market exchanges just wouldn't exists the way it does now

For the first time though, it may be better to put your money in gold...  Hey, after all, it only dropped 10% yesterday, that's still doing a whole lot better than Bitcoins.

Since yesterday

Bitcoin: -50%
Gold:    -10%

So, if you had 100$ Gold vs BTC yesterday, you would end up today with 90$ Gold vs 50$ BTC today
80% advantage Gold!

Well well...  What can we do

A question about difficulty...

I'm using stratum proxy.  I can see that when I start mining, the difficulty is 1.  However, after a short time, difficulty wander between 2 and 5.  So I guess that the pool is just throttling me so I send lower traffic.  So far so good.

However, when I look at the stats, for example in the 'account detail' page, the MHash/s does not reflect the difficulty change.  So I mine at around 2.2GH/s, and suddenly the displayed MH/s lower.  However, I'm still mining at 2.2GH/s.

Is this normal?  Does this lower my income?

Also, the stats page is displaying the rates incorrectly.  It is as if the MHash/s is multiplied by 100.

Exactly what I was thinking...  Many say that the price has crashed, can't think of having BTC at so "low" trading value...

HEY! WAKE UP!  2 weeks ago we were all shaky when we hit 100$.  We were all saying "Wow, my BTC are really worth a ton" (I know how I felt when I created this thread).  And look today, people whining about BTC worth nothing...  Go figure

Sure, we made plans with 200$+ BTC, but it's over for now.  Much more back to reality (although I still find 100$ inflated!).  So embrace the price as it is now, and if you want to invest, think long term

Right now, FRC are mined like crazy.  They are designed to be mined at a rate of 1 block each 10 minutes, but right now, they are mined like 1 block per 2 minutes.  The only reason is that it's worth more to mine them, once converted to LTC and then to BTC than mining BTC directly.  But in about 75 blocks, the difficulty will rise, probably 4x (the max increase rate).  Then people will abandon them, like it was earlier this year.  Except than instead of being stick at 9K, difficulty will be stock at 19~20K.  So is FRC about to be graved?

Difficulty rise will happen at block 22176.  And right now we are at block 22100.  Probably 22101 by the time I press 'send'!  So in about 2 hours now...

In fact, I made a lot selling last Friday.  Well, technically not "this week", but still close enough!  I could have made a lot more though.  I had anticipated week-end dip, which did not occur.

And I made some too riding the post-crash ripples, but not a lot...

Well, this is just FUD.

In the link, the first link point to a guy, joekov, making a transfer BTC->cavirtex, and not seeing it after 45 confirmations.  However, the thread end with him saying that it's fine, it finally transferred
Second link also seem to have lot of people trying and it worked too.

So, this is just a misunderstanding...

You know, I made around $9K and I was thinking the exact same thing.  I can't stop feeling I took someone else money   Thanks anyway, whoever you were

Made 8K~9K$    But could have made a lot more...

Bought when it was 13$, and more at 45$.
Played it on alt-coins bubble, made 50% more BTC, then lost a lot, to finally come to the same amount I started with!
I also sold a few at 107$.  I then sold all at 150$, re-bought higher, and re-sold everything at 230$.

So I could have made more, maybe double what I made, but hey, it's still pretty good!  Now I'll put 8K in RRSP (nontaxable funds for retirement plan in Canada) and as cash advance to buy a house, and maybe do a trip with the rest (or from the RRSP tax return), I don't know yet...

I'm sure a lot of people bought more GPU lately.  With profitability down, do you think they will just switch off their equipments?  Will the difficulty actually lower?!

Well, until we get more power-efficient ASIC, we may well lose a few tera-hashes from GPU...

What do you think?  Is there some miner here facing a difficult time?

BTW: I myself mine at 2.2GH/s with FPGA (custom design/miner), taking 450W (soon to be upgraded to 3.3GH/s).  I still make profit, like 10$/day, but I just can't imagine what it is to draw a few KW with GPU, especially where electricity is higher than here in Quebec...

Trading is halted on Gox until 2:00 AM UTC

See https://twitter.com/MtGox

LOL

I started looking at the top, found it interesting...  until I scrolled down