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We have a VERY clear direction moving forward. The rebranding is the first step in that direction.
Its great that you were a fan of BoolBerry, but the name was been ridiculed in english-first language regions since its inception. The conotations of both "bool" and "berry" are cartoonish in english-first language regions.
Although "bool" has a meaningful technological aspect the pronounciation of it, especially when couple with "berry" left it sounding, to be quite honest, silly.
Although it might not seem fair, having a name that is brandable in English, first and foremost, is a very important consideration.
First i want the best for Boolberry and if the re-branding will help, then i will advocate it. By my self i like the name Boolberry, but iīm not a English-first language speaker. How i understand you would the re-branding have only a positive effect to the english-first language regions. What do you assume how big the effect will be, and will be it worth to re-brand it for this? Do you estimate that it will be a bigger potential first-english language user base as non-english-first language user base ? |
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Wow, 60K BBR dump on polo  and ongoing... This is actually great for redistribution. Also, there are always going to be retracement after 12x price increases in a week  The ONLY thing BBR is missing right now is organization of its community into one that can get the word out about BBRs fantastic tech, cryptonote, Supernet, etc. It's time for BBR to grow up and start walking and talking and letting people know what it is and why it exists. Most people I talk to in the crypto world don't even know what BBR is. They don't even know it exists. BBR has one of the lowest branding awareness of any coin out there. The good news is we as a community can change all that. I am in process of organizing marketing for BBR. Will be posting more in the next couple of days. It's an exciting time to be accumulating BBR as a long term investment. It's also an exciting time to be organizing a community that should be destined to be one of the largest in the crypto scene. It's going to take some time and effort and enthusiasm, but it'll be worth it. Now i also want to write a little bit about speculation, about the Boolberry price and price history. This are only my personal guess. Plenty of time ppl guess, now and before, why Boolberry price are low. I always was thinking it wasīt low in reference to network difficulty, but was low on advanced technology, in comparison to other CN-Coins price and of course the excellent developer crypto_zoidberg. Price history very rough: hight price in the beginning and constant falling under 15K until end of August. Difficulty history very rough: roughly steady difficulty over all times until end of August. Thatīs mean it was always profitable to mine with a sloping profitability curve over time. Why? My assumption: In the beginning people see the advanced from Boolberry and are willing to pay a price premium. Over the time market is saturated and the price premium decreased. ((could be of slowly growing community and lack of demand( i donīt speculate here about why) Now to the miner. In the case of the hight profitability we will assume a lot of professional miner, who are willing to mine only for profit. That mean mine and sell as long as is profitable, and stop to mine when it is not profitable anymore. This we see when hashrate drop below 1G in end of August. (and one Professional miner cbuchner1 point it out here. https://bitcointalk.org/index.php?topic=577267.msg8498296#msg8498296) Why the influence of the professional miner are so big? Long time Boolberry had no pools and be only be able to solo mining. Many altcoin miner are not willing to patient to mine solo. So what we had? Big professional miner -> good coin distribution, because these sell on market. Small non professional miner who support the network. -> good coin distribution. What we have now? Rising price, growing community and more small miner. -> good coin distribution. When the price rise and it is profitable, professional miner turning EC2 and give coin supply and sell. -> good coin distribution. So it is good and healthy to see the growing network hashrate and difficulty. The price seems fair in relation of network difficulty now. And iīm not worry if some one sell 60K on Poloniex. -> good coin distribution. Iīm very confident that if people get aware of boolberry and his advanced technology, (independent of the SuperNet hype) this coin will have a bright future. |
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Right now BBR is in a good position.
...
You make this post nearly perfect by not blame the competitor anymore. And yes, Awesome post anyway. |
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and we see a huge increasing hashrate cause only for a little price pump. Hello to EC2.  |
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I might write about BBR, but it wasn't nearly as fun a story (or profitable) as XMR. I obviously had an optimized miner for it, but decided to take a different strategy with BBR of mining a lot, holding it, and then contributing code back to the coin to try to improve its value, so I spent a lot of time taking those optimizations and putting them into the open source simpleminer. In contrast, with XMR, I just mined and sold instantly.
It wasn't as profitable as keeping the xmr miner completely private, but it's hard to compare given the market cap difference.
What I've found is that overall, "totally private miner" (XMR) >> "optimize, mine, release" (BBR) > "convince the developers to pay to open source" (PTS) > "open source miner with optional dev fee" (RIC) > "give code away and ask for donations" (scrypt).
Not economically surprising, but some good lessons in there for future coin developers who want good miners -- get someone to do it ahead of time.
Thank you for sharing your experience and economic point of view. Of course it will be very different if you mine for arbitrage now, or try to improve the coins value from helping them put your code to open source code if you expect that long term success of the coin, you get more value with this strategy. Iīm curious about if your strategy works for the future, i hope it and my gut say it will. Just thought you was selling BBR in the beginning when the price was so hight and profitability was big from AWS mining. |
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Wow very interesting story. Can we expect more altcoin mining storyīs from you? (like i guess you also do BBR AWS mining and in the beginning it was quite profitable) |
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The XMR camp made me a bit cranky and I look and see XMR/BBR ratio is at 40:1
Is it a coincidence that after I make positive statement some big daily dump happens?
Havent you XMR guys done enough to poor little boolberry? It doesnt even show up on the top 100 any more. Why are you so threatened by BBR? It makes me think that XMR camp is still scared of BBR. Why else are you still monitoring this thread and dumping on polo to counter any positivity that I might have said?
Do you really honestly feel that XMR is worth 40 times BBR? I am trying to help all cryptos, but if XMR camp wants to wage war against the other anons, then maybe we all have to unite against XMR. Is that what XMR wants? All the other anon coins united against XMR? This constant attacking of the other coins will lead to that out of necessity to survive.
Leave BBR alone. You made your point. XMR has big BTC whales that can afford to use their old mining gear to mine most of the BBR and dump it to cost of electricity. The more you abuse BBR, the more I feel sorry for it and want to help. It is like you are torturing a small puppy. Stop these daily dumps.
I see you started the same sort of operation against BTCD with these 50 BTC dumps all at once. Too bad BTCD just came out of nowhere before you could accumulate too much. I do not want to go to war against XMR, but you cannot attack BTCD and BBR and all the other anon coins and expect there to be no consequences. I offer peace and cooperation to XMR. I hope you will just leave us alone. fiat is the enemy not the other cryptos.
James
James, thank you for this post and all after that. It express also very my feelings about Boolberry. The problem i can not express that by myself so good because of my lack understanding English. Good to see you here again. |
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Hesitate to answer because i donīt want to feed the Troll.
Just want to say itīs not a nice behavior to post bad about a coin in his one thread .
How was it relevant to trash talk another coin on this thread? If you do that, you have to know that people are likely to respond. Perhaps that was even the troll's intent. Some improved maturity all around would be nice. You are right And i also donīt like that he (Anotheranonlol) compare (or trash talk?) XMR on BBR thread. It was more stress-free to read the BBR thread more than XMR thread because of the mass of trolling there. They open a Monero vs. Boolberry thread already, and this should discuss there. |
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So I do think BBR is better than Monero.UI and blockchain-based-POW,and the alias function
Fully agreed. I attempted to install Monero at the same time. This was the screen I was faced with.  Boolberry setup was a much simpler one-click process. XMR needed to manually install boost from commandline before their wallet even ran out of the box. Cannot believe that coin is 17x more expensive than BBR and growing. Oh come on what a joke! You know darn well the Monero team are building a very good GUI and are not rushing it no matter the FUD. Also alias system? It's a joke compared to Nxt, why even bother with such a second rate system. Boolberry fudsters are the worst. Hesitate to answer because i donīt want to feed the Troll. Just want to say itīs not a nice behavior to post bad about a coin in his one thread . |
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Now when the Networkhashrate is lower, i want to mine solo again.
The problem is that the hashrate from daemon is more that 2 times lower than the hashrate from the minerd on my computer.
CZ why it is such a big different?
I guess because Otila and Wolf made a lot of optimizations on minerd that i was not merged yet into daemon. Are you going to mine CPU or GPU ? I assume that. And when we can expect when you merged the optimizations in daemon? Itīs not that important, but only want to know a road map. It is difficult because they use hugepages for full speed on linux? Mine on CPU only. EDIT: try to mine on Intel APU after install Open CL but minerd donīt catch the APU. |
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Now when the Networkhashrate is lower, i want to mine solo again.
The problem is that the hashrate from daemon is more that 2 times lower than the hashrate from the minerd on my computer.
CZ why it is such a big different?
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My optimized miner didn't hurt XMR much (we could argue this, of course, but I didn't see too much yelling). I think the difference was that Christian was public about his in an inflammatory way that made people really *feel* the inequity. It's tough when you know you're not getting what someone else is. With most currencies, you might suspect, but you don't *know* that you're behind. Because once the coins are on the exchange, it's all about the buyers and sellers. Perception absolutely is important.
I don't think it was just perception or Christian's attitude. For some reason non-advantaged miners on XMR were still able to successfully mine while a lot of people reported not being able to get anything with BBR. Maybe that is pools or maybe it is the relative difference in advantage (especially once at least modest optimizations started getting committed to the base XMR code), or the faster emission, or some combination of these, but something definitely seemed different about the mining position of the "little guy" for a while. iīm sure it was about lack of patience to find a block in solo and the lack of pools in the beginning. Please ask this people if they mine XMR at solo or at pool. |
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My optimized miner didn't hurt XMR much (we could argue this, of course, but I didn't see too much yelling). I think the difference was that Christian was public about his in an inflammatory way that made people really *feel* the inequity. It's tough when you know you're not getting what someone else is. With most currencies, you might suspect, but you don't *know* that you're behind. Because once the coins are on the exchange, it's all about the buyers and sellers. Perception absolutely is important.
I was surprised how strong people feel aggrieved if they *think* they are treated inequity, here on this board. I would say Christian donīt hurt the coin from his mining but from his honesty and inflammatory about his mining activity. And this also only in the short run. (i hope so) In the long run he forced the development of stratum and in the end a open source OpenGL miner for Nvidia and AMD. |
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I think the name is not the key point, the point is the mining issues, it kills this coin, in the early time, there's private GPU tool for mining when most of us are using cpu, it's unfair for most people, and it last for maybe two months, until MBK made the stratum pool and updated the opensource GPU tool the situation of distribution changed a little. Compared to Monero, GPU mining tool appeared early, and it was also efficient at the beginning, so it's not just the name make the difference between BBR and MRO, but the distribution
This is not factually correct - please see my comments on the rpietila thread. The two coins are *surprisingly* similar in the %age of coins mined during the time someone had an advantaged miner. If anything, XMR is actually just slightly worse, because it has a faster emission curve and therefore a few more coins were mined during the time. (Remember that XMR's curve is twice as fast as BBR's.) This is a perception problem used by people to bash on BBR, not a reality problem. And because your post from 2. August 2014 is so good, i want to quote it here in Boolberry thread. This should be the reference when some one told about mining issues again. dga talking about mining issues in BBR and XMRquoteSame rules apply to people bashing BBR. Tainting it because of christian developing a private miner?
I think they likely to be quite different. My last post estimated that roughly 2% of XMR coins were mined before the public miner was un-de-optimzied. What is corresponding percentage of BBR coins? Since the emission curve is reasonable I still don't think the number is that large (compared to absurdly instamined coins -- and shills for these coins on this thread you know who you are) but it still may be higher than XMR. Or perhaps not. I haven't really been following it so I don't know. They're surprisingly similar in terms of %age. The gap for the de-optimized miner vs a GPU miner was larger (20x gap vs 5x gap), but as we all know, it's easier to bring more GPUs to bear on mining unless you have a botnet. Boolberry is currently around 5% mined, and it's had a public GPU miner for several weeks. The timeline for the un-de-optimization can be read pretty clearly from the git commit history on bitmonero: https://github.com/monero-project/bitmonero/commits/master/src/crypto/slow-hash.cBlock 1 was mined at 2014-04-18 10:49:53, and Noodle's first optimization was committed into the repository on May 7, but recall that those initial optimizations were still in the 5-10 h/s range. The more significant one was May 21, and then the current-generation "hyper-optimized" miners came into play a week or so after that. I think it's important to distinguish between "de-optimized" (which I'd say was the state before the May 21 commit) and "not yet optimized". What Noodle got things to on May 21 was what a reasonable, sane person might think of as an implementation of CryptoNite. The things that followed were architecture-specific optimizations, and we can have a separate fight about the degree to which devs should feel required to release vector-optimized code in a first release vs. letting the legions of optimizers handle it for them at the cost of some free coins. This is around block 50,000 in the XMR blockchain. mbk's GPU miner for Boolberry was released July 19: https://bitcointalk.org/index.php?topic=693118.msg7928171#msg7928171This is around block 45,000 in the BBR blockchain. That's frighteningly similar, all things considered. I hadn't actually done that analysis before -- interesting. I think it's worth differentiating "unfair" from "the @*ing dev cheated". I'm not entirely sure why I feel so strongly about this, but I do -- I think it's because it destroys any trust I'd have in the developers, and when you're dealing with *money*, it's important to have a dev team you can trust -- otherwise, what else did they hide in the code that you haven't had a chance to find yet? I'm pretty convinced that neither the XMR or Boolberry devs cheated in this way. I'm also pretty convinced that the Bytecoin devs did: that code was so de-optimized it was a joke, and I think that all of us who touched it concur. But it's not the XMR team's fault that they inherited something sneaky in the code and acted to root it out. And the BBR initial implementation was pretty well optimized -- the things that otila and wolf did on top of it take work and are beyond what "the average developer skilled in the art" (but not interesting in to-the-metal optimization) should be expected to do. |
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Just my opinion, and I'm sure many here feel differently. But I'd hope at some point rebranding is seriously considered -- just come up with something similar, just not as ridiculous. BooleanNote ... something like that would be better even.
NightBoolean! anyway, another voting for name now that boolberry is popular would give the dev alot of interesting choices i'm sure, and would satisfy the community We had two discussion threads in the past about name voting, and nothing better than Boolberry came out. I donīt get why ppl like names like "Night", "Dark", "Shadow", "Note", "Liberty". Itīs all sounds pubertal or nerdish to me. You ever ask a girl if she like the name Boolberry? She first will associate it with Burberry, and this is good i think. In this moment when Boolberry will adopt to a large audience, Boolberry will benefit from his name. |
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It took almost 2 years just to get to the 10,000 BTC = 1 pizza stage.
Bitcoin was released in 2009. I got onboard in mid-2010 and the price at that time was more like 100 BTC per pizza (Here, 1 pizza is around 5 euros). You guys are so long in Bitcoin. You are lucky guys! |
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I saw the BBR.FARM pool hash rate climb rapidly up to over 110 MH/s. I am not sure how high it went to since I was away from computer afterwards for a while. I saw 5 blocks found in an 1 hour period (plus 3 the previous hour). Then it went back down. Now the pool seems to be down. Perhaps it was more than the pool could handle? It does seem interesting.
Edit: It back up at 55M at going up again. Wow!
Edit: At 200M now. Approaching 10% of the network hash rate. This is typical for other coins but not usual for BBR.
Edit: And back down it goes. Perhaps someone with large hash power is doing some tests
I saw that too on BBR.FARM and now itīs occur again. Interesting is that yesterday add only 5 more miners and now at 150MH/s there are only 3 more. Thats mean that one miner have estimated 50MH/s and i wonder which machine can generate this huge hash power. Or itīs possible to bundle hash power? Would be interesting when the admin of bbr.farm clear up if the hashpower came from Amazon. FYI, ~200MH/sec comes from Amazon. Thank you for the Information. And of how much connections compose the ~200MH/s from Amazon? |
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I saw the BBR.FARM pool hash rate climb rapidly up to over 110 MH/s. I am not sure how high it went to since I was away from computer afterwards for a while. I saw 5 blocks found in an 1 hour period (plus 3 the previous hour). Then it went back down. Now the pool seems to be down. Perhaps it was more than the pool could handle? It does seem interesting.
Edit: It back up at 55M at going up again. Wow!
Edit: At 200M now. Approaching 10% of the network hash rate. This is typical for other coins but not usual for BBR.
Edit: And back down it goes. Perhaps someone with large hash power is doing some tests
I saw that too on BBR.FARM and now itīs occur again. Interesting is that yesterday add only 5 more miners and now at 150MH/s there are only 3 more. Thats mean that one miner have estimated 50MH/s and i wonder which machine can generate this huge hash power. Or itīs possible to bundle hash power? Would be interesting when the admin of bbr.farm clear up if the hashpower came from Amazon. |
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Most people searching for someone culprit, when something happen what there donīt like. Like a falling price in his own investment.
They say it must be cbuchner1, Darkota the FUD Troll, the Poloniex Trollbox, or a Botnet.
And if it not one of that then it must be a phantom like a rogue miner or a backdoor in Wild Keccak Algorithm.
Itīs tough to accept that is a question of supply and demand.
And like dga says, Boolberry has a hight inflation now.
On this stage Boolberry is highly speculative like all other Alt-coins,
and not suitable outside of the cryptoworld.
This is alpha software an need time to develop and find usefulness in outside the cryptoworld.
All money that is inside boolberry now is pure speculative money. A Market Cap of 125K US$ in 2 and 1/2 months is a lot in my opinion.
Great post! There might be some unfair expectations and a whole lot of speculation really. It is all about Supply and Demand. Problem is, how do you drive demand? Demand come from investors but this is only a speculative demand. The real demand come from something usefulness outside of the cryptoworld. Until now we donīt have a single one application what would be useful for the Joe Black. (or maybe yes: to hide his lottery win from his wife in divorce. But this is difficult to use for him, because he use a 32bit PC with WinXP and 2GB RAM)  |
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I'm saying I neither know nor care. But I'll indulge you. It "could be" a lot of things that compel this rogue miner to do what they're doing. PROFITABILITY QUESTION: It needn't be about profit, and my belief is it isn't profit driven. If it were profit driven, the rogue miner would allow the coin to rebound and for the price to rise/ stabilise and confidence to return before dumping again. This rogue miner has little regard for the price. POSSIBLE MOTIVES: - It might be some simply out to destroy the coin to eliminate a rival or even discredit CN coins generally.
- It could be someone out to destroy this coin for 'kicks' or simply because they can.
POSSIBLE METHODS: - This rogue miner could be using a botnet, if they're not doing it for profit, the fact that there are more profitable coins they could mine is irrelevant
- It may be they've found a way of hashing THIS coin x100 faster than any other miner out there
THE EVIDENCE: My point is... all that 'who dunnit' is irrelevant and just leads to needless finger pointing and unhelpful allegations that cannot be substantiated. I study the DATA and what that is telling me. It's telling me this ONE rogue miner (I don't know who & don't care who), mining the majority of the coins and systematically & consistently dumping them on Poloniex (I don't know why and I don't care why). It is so obvious, I can only imagine no-one else has bothered to watch trades for any given amount of time. I've been diligently watching for a few weeks. I've also bothered to wade through tx histories to see how they correlate with dumps in Poloniex, as part of my due diligence ahead of deciding whether to invest heavily (for me) in this coin. I won't bore you with the details of my findings, it's all hiding in plain sight anyway. One thing I think everyone can agree on is the discrepancies between total hashrate for BBR and the hashrate of the known pools. All the pools combined - a measly 10-12MH/s out of 1-1.5GH/s being hashed. They find a handful of the 720 blocks emitted each day. The majority are mined in the great 'unknown.' I am positive that at least 300-400 of those blocks are going to the rouge miner. With private miners making up the rest. QUESTION FOR MINERS: Flip the question on it's head... if there isn't a rogue miner (and it was say investors dumping). Who on earth is mining 1GH/s of BBR at this point and to what purpose? To make a profit?? Aren't there more profitable coins? To get BBR?? Wouldn't it be more profitable to mine other coins at this point, sell them and use the proceeds to buy BBR from the dumping investors on the exchanges?? It seams like you are not a miner but rather a investor. So then you can be happy if the price is low. If you are a miner who donīt want sell now and mine for the future or to support the network then he donīt care where the spot price is at the moment. I even would mine if BBR has had NO price. By the way it would keep all the posts about price out. And some mine for profit and those dump. Now when the spot price come a little bit down some miners cut their AWS down because the profitability it not too high like before. You can see this on the falling hastrate from 2.xGH/s to 1GH/s now. |
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