Latest posts of: philipma1957

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32801

Bitcoin / Mining speculation / Re: Diff thread Jan 13 to Jan 27 picks are opened!

on: January 17, 2016, 10:50:28 PM

Quote from: notlist3d on January 17, 2016, 10:36:41 PM Quote from: fr4nkthetank on January 17, 2016, 10:12:54 PM s3 becoming unprofitable....at 0.10cents a kwh it is "break even" right now. Home miners are still good with the "free" heat from the s3. But big mining farms can no longer run the s3. When the winter is over, that will be it ! Damn thats something. I believe this to be a drop in diff, but this effect will be temporary. It's not to surprising though S3 is a bit dated were talking 2 generation back, 3 if you include bitfury. So that is a long time in mining time. They were built like tanks on S3 so many will continue to run. They will end up in cheap or free miners hands. So they still have people who can run but it's getting smaller and smaller on amount feasible to use S3's. first off picks are open! but I can see small people using s-3's as space heaters If you are in need of a space heater an s-3 is a better choice. 2 of them can replace this 1500 watt heater. Since they will run 24/7/the winter

32802

Economy / Service Discussion / Re: [January 2016] Bitcoin Mining Datacenters by the Megawatt

on: January 17, 2016, 04:48:19 PM

It can because a banker type guy will point from the State of Washington. He looks at it as a ledger game for profit.

The guy I know can drop 1 or 2 million into btc as a hedge to his real estate, stock and bond investments.

He has been picking my brain to understand the entire game along with watching and allowing the stat of the art miner (s-7) run in his office.

He is methodical and is most likely going to pass or pull the trigger this spring. He has connections to a few guys in the state of Washington

and if they go forth and build a mine they will point it at f2pool. Basically it gets rid of variance.

I am helping him to decide if he will do this.

So if they get a building and 3 cent power put in 3 or 4 million they could get.

2000 s-7's at 4.7th each or 9.4ph.

This would make them second at f2pool.

Here are the top payouts from f2pool last night. They paid 777 coins last night.

The biggest payout is below as are all payouts between 2 and 45 coins

https://blockchain.info/tx/c1078c2b8cf1175881e0c04a25dc517086c6cce4aa17a7e69c7bc7632d9bc529

Code:

3EUC1DfLuBw6Quk9uqud6MDkZwGL2x4DQF - (Unspent) 45.86974221 BTC (This would be a 10.7ph farm)
34GL44eQLCwsxXmfEDFZGeKWwxCF2KT5Sq - (Unspent) 13.60986991 BTC
1EQkvn9h9fGJwr5pBneohDsKZ5Vhbz1TPB - (Unspent) 9.930294 BTC
1C41DVZY4r1nyyXK6cdEpPxKi5ouuiry4n - (Unspent) 7.96791047 BTC
14ywCzmKfhXXTSnRFfsPzw1pdAahV7yhYR - (Unspent) 7.8416113 BTC
3Gtq9X2UrhZdMVmMfVgaCat7Me9iweB8m4 - (Unspent) 7.47403059 BTC
13G26hWrn6FYbc5cp2VtjUbxgjEr34yTar - (Spent) 7.28426601 BTC
18vmkQjuRmkStZAdujdqEWJdyRwXcU9yqd - (Unspent) 7.03245484 BTC
1LoVtEkrgyBPDfnhjrgAxKdCezQqgTZMg8 - (Spent) 6.23043885 BTC
1FpPoRuqs9quNv15AW49SLRZaCMcDPLe47 - (Spent) 5.17836039 BTC
1LTcR1u4zWp5RA6HArYzyNDEK9ghznpCQY - (Spent) 4.77989047 BTC
1NzDR8nctRGo2Q1dTYvyfwC1ojRbyE7U8H - (Spent) 4.62705425 BTC
1ctwnbd2GpxzNFZWyipXhPMWHM5pUB4Er - (Unspent) 4.32608664 BTC
1FvfFpJHcVZBc36oSwxKr2rmEzGwN2ScS6 - (Unspent) 4.22554293 BTC
1PZyCJNAuBnyKQRpE2rhJnoqhRu4zf9s4N - (Spent) 3.64234345 BTC
1ES4JqFigkBCD25h1z8YEuJokayKjfQALP - (Spent) 3.55097889 BTC
12mZVMWH6y4ZwZkX8Dzd1LDi2DCJVVAPZv - (Spent) 3.35294079 BTC
1HVPLPjp4KbD3v27whwthbrCnttJYjbt8J - (Spent) 3.27263024 BTC
15vbjLckRftHzKKehVR6xFBdpjBXjK8wAx - (Spent) 3.17929868 BTC
1KbceGdKqWjT4uFxMipvtMdyjrGAGUkj5r - (Spent) 3.08092967 BTC
1698dp8x7LQQxUd1wSMAowTKMFufedAYTs - (Spent) 3.06221929 BTC
19DqEMgspPxdPqRzuHygepcPdStSdusK6m - (Unspent) 3.02045628 BTC
1EWqWgBewSAL5gK6M9F9vA4zoiRZ64xrKd - (Spent) 2.92740601 BTC
1NuwS2ycdEYsh3PSUL9xnjMgpd3NVwCd5G - (Spent) 2.90808001 BTC
1GHxHr2Vn7BYwzwFQY3yeuGCYDo4vnStAU - (Spent) 2.90182751 BTC
19utf3yHqShMvMeYkSUP5iuJ7zbGxHruKq - (Unspent) 2.88482313 BTC
17TEXR9Nmv9xfGDMer4eKMaMwWsNa59w4o - (Unspent) 2.88479089 BTC
1P2JHNPLqAc9VU3MvT4VuRvkwj7m99hzw - (Spent) 2.87513535 BTC
1Fdpz7ywj97BAZ2jyrfDpVoLYM6vfV5Phu - (Spent) 2.50861081 BTC
13RJGGYtBYxSWkYw7YR4ez1JQq3q5sHAW7 - (Unspent) 2.49549327 BTC
174g4aiaFma15ptudon3YKCrJ6XUcsQ4h2 - (Spent) 2.36629934 BTC
17o4Y9nHRbvLCeVoffPMewbjeMsC6RCRSa - (Unspent) 2.28453104 BTC
34QjytsE8GVRbUBvYNheftqJ5CHfDHvQRD - (Unspent) 2.22697006 BTC
12aKBVF8V4W8qAE1uc6EbJSxkaq1igAVrX - (Unspent) 2.17071314 BTC
1JPfR3smqKu72kvEuYnD6VHEdA4CCN7PUR - (Spent) 2.16760942 BTC
14wVA385b9pseJDzENZTqUokWYdG89ukQH - (Spent) 2.14407525 BTC
1FnaiTCqX8YKGHKaVNWSi8U55vp6RnFBF1 - (Unspent) 2.08765924 BTC
18a7XxjM95wMbzHcxFymWAL9HrawMzyRQz - (Unspent) 2.0477259 BTC
1ESJSuf4noV7Y3sj9DsXBLnmPik339EnR2 - (Spent) 2.0139828 BTC -------------  (This would be  a 472th  farm)

32803

Bitcoin / Group buys / Re: [RUN 2 NOW OPEN][SIDEHACK STICK]GekkoScience Compac Official sales thread

on: January 17, 2016, 04:23:12 PM

Hey if I list my 13 that I have left and get 80 each after expenses 60 each I would net 780 usd. Not bad. Just kidding. I paid 500 usd for the 20 I purchased. And I think I had 2 tester sticks. For free So far I sold 5 batch 1's at a 2 dollar loss for 123 to buysolar. I gave away 2 sticks on the stick club for contests. I gave away the 2 test sticks for promo's on the diff spec thread.

32804

Bitcoin / Pools / Re: [100 TH] mmpool.org - 1.5% fee DGM/PPS - tx fees/vardiff/merge mine/tor

on: January 17, 2016, 03:50:45 PM

Quote from: wlefever on January 13, 2016, 03:40:26 PM Quote from: philipma1957 on January 13, 2016, 03:38:50 PM Quote from: wlefever on January 13, 2016, 03:33:12 PM The variance trap is real ah not as bad as you think. I am going to run something at it later in the week rentals are very high at nicehash. Yeah I am waiting for them to drop as well. Still have some balance on nicehash I need to run and will keep tossing more until a block is found. I am going large at the moment 480th will do so for at least a few hours.

32805

Bitcoin / Pools / Re: Jonny's Mining Emporium (bravo-mining.com)

on: January 17, 2016, 03:49:43 PM

Quote from: eghigo on January 17, 2016, 11:33:16 AM With the last rental I'm having some trouble connecting to the pool too. It connects / disconnects quite frequently... I tried 5 or 6 times from nice or west hash and never connected.

32806

Bitcoin / Mining speculation / Re: Diff thread Jan 13 to Jan 27 picks are closed.

on: January 17, 2016, 03:33:21 PM

Quote from: Zz on January 17, 2016, 03:01:32 PM Bitcoin Difficulty: 113,354,299,801 Estimated Next Difficulty: 118,833,429,245 (+4.83%) Adjust time: After 1437 Blocks, About 10.1 days Hashrate(?): 745,627,005 GH/s Block Generation Time(?): 1 block: 10.2 minutes 3 blocks: 30.4 minutes 6 blocks: 1.0 hours When will picks open? After 1416 blocks or did I remember wrong? If it is, only 21 blocks left but this speed we need to wait 3.5 hours more. yes picks open at 1416 and close at 816 and that (+4.83%) is sooooo high as a real time number we are negative see below Jan 13 148 blocks = + 4 but it was a partial day 100 blocks for this adjustment in the time for 105 so it is -5 Jan 14 136 blocks = -8 Jan 15 124 blocks = -20 Jan 16 136 blocks = -8 Jan 17 86 so far in the time for 93 = - 7 so we are -48 blocks 582 made vs 630 should be made this (-7.61%) while nice numbers for now the network has shown it can do 1000ph that would be about 180 blocks at this diff and two of them in a row we lose the -48 and become +24 Here is a read from hashnest: "admin on 2016-01-15 16:22:55 Because of mining difficulty increase. Form 2016-01-13, antS3 's electricity fee is greater than 100% of mining revenues, antS3 mining contracts on Hashnest enter a “redemption waiting period”. Form 2016-01-15 0:00 beijing time, the market of antS3 will close. form 2016-01-13,if antS3's electricity fees are greater than revenues for a sustained period of ten continuous days, Hashnest reserves the right to retire the machines. When machines are retired, a user’s contract will then enter into the “hardware redemption period”. Customers holding enough GH/s to constitute an entire machine of the associated type (e.g., 450 GH/s of Antminer S3) are eligible to convert that amount of GH/s into the used unit of the associated type. If a user does not have enough GH/s of the associated kind to exchange for actual hardware, then this user is not eligible for hardware redemption. If owing to a rising exchange rate, the ratio of electricity fees to PPS payout is lower than 90% for a period of ten continuous days, then mining contracts will revert back to the PPLNS method. 从2016-01-13起，antS3的PPS理论收益已经不足以支付电费，antS3的算力进入赎回等待期，北京时间1月15日24：00起将关闭二级市场交易。从1-13日起如果连续10天电费收益比超过100%，antS3将进入赎回期，满足450GHS antS3算力的用户可以选择支付下架费和运费后赎回矿机。如果1-13日至23日期间电费收益比连续10天低于90%， antS3 将恢复正常状态。" The s-3's in question could be 20ph of 811 ph. But we are down about 50-60 ph

32807

Other / Meta / Re: account hacked/stolen

on: January 17, 2016, 02:06:25 PM

Quote from: cryptotore on January 17, 2016, 11:59:36 AM Quote from: khalized on January 17, 2016, 11:47:59 AM Quote from: escrow.ms on January 17, 2016, 11:46:11 AM Read this, and do exactly what he said. https://bitcointalk.org/index.php?topic=497545.0 he can prove it! Quote None Addresses posted in non-quoted text (May inclue addresses not actually owned by user) Report generated at January 17, 2016, 12:46:26 PM and expires at January 24, 2016, 12:46:26 PM See report: http://www.bctalkaccountpricer.info/?token=rqb84nem The only one thing is ask a solution in MP to theymos, maybe you could demonstrate the ownership in some way... "Trust: Negative, Red Trust", wtf is this? ^^ Maybe I don't want my account back after all. yes you sent a pm to me did we do any sales? have I given your old account a positive trust? if we did a sale I could have some records let me look . I looked back to Feb 8 2015 that is 100 plus pages Will keep looking. I am now at MAY 14 2014 151 PAGES OF MESSAGES I do not think we ever did a deal so I can not help out here sorry.

32808

Bitcoin / Mining speculation / Re: When (at which price) will BTC miners have to dump BTC to cover the costs?

on: January 17, 2016, 01:59:05 PM

Quote from: m0gliE on January 17, 2016, 01:30:36 PM Quote from: MaximeAD on January 16, 2016, 01:40:25 PM Depends on efficiency and power cost. Play with my calculator: https://cryptominer.ca/bitcoin-mining-calculator and you'll be able to see when power cost is greater than revenue. Please note that default parameters are in CAD and not in USD. We can see that for a S7 owner paying 52 USD / kWm will have to power off is miner if the Bitcoin price drop to 105 USD. A S5 owner (.51 J / GH) will turn it off at 200 USD. A S3 owner (.78 J / GH) will turn it off at 305 USD. You can also compute it analytically instead of going through trial/error. Just solve the inequation: (Btc price) * (BTC/TH/mthly rate) > (kWm cost) * (Hardware efficiency) (Btc price) > (kWm cost) * (Hardware efficiency) / (BTC/TH/mthly rate) The current BTC/TH/mthly rate is .1331. Then (Btc price) > (kWm cost) * (Hardware efficiency) / .1331 If we input the kWm cost of 52 USD and hardware efficiency of .78 to verify our previous S3 profitability calculation (Btc price) > 52 * .78 / .1331 --> 304.73 USD Thanks for this awesome answer! That means that if the price reaches something like 320/350 dollars, the price will have to rise again. Or miners will dump coins and btc will fall again and it will mean the end of btc... Which is still higly unlikely to happen! No because the discussion has no mention of positive difficulty and or negative difficulty adjustments. look at the negative adjustments Difficulty History Date Difficulty Change Hash Rate Jan 13 2016-----113,354,299,801------9.12%-----811,421,684 GH/s Dec 31 2015-----103,880,340,815-----11.16%----743,604,444 GH/s Dec 18 2015 93,448,670,796 18.14% 668,931,642 GH/s Dec 06 2015 79,102,380,900 8.77% 566,236,898 GH/s Nov 24 2015 72,722,780,643 10.44% 520,569,941 GH/s Nov 11 2015 65,848,255,180 5.77% 471,360,171 GH/s Oct 29 2015 62,253,982,450 2.25% 445,631,364 GH/s Oct 15 2015 60,883,825,480 0.12% 435,823,399 GH/s Oct 01 2015 60,813,224,039 2.49% 435,318,014 GH/s Sep 17 2015 59,335,351,234 4.17% 424,738,988 GH/s Sep 04 2015 56,957,648,455 4.98% 407,718,729 GH/s Aug 22 2015 54,256,630,328 2.95% 388,384,088 GH/s Aug 08 2015 52,699,842,409 0.81% 377,240,166 GH/s Jul 25 2015 52,278,304,846 2.35% 374,222,683 GH/s Jul 11 2015 51,076,366,303 3.39% 365,618,871 GH/s Jun 28 2015 49,402,014,931 -0.58% 353,633,397 GH/s ---- negative 1 Jun 14 2015 49,692,386,355 4.42% 355,711,957 GH/s May 31 2015 47,589,591,154 -2.50% 340,659,563 GH/s---- negative 2 May 17 2015 48,807,487,245 2.44% 349,377,603 GH/s May 03 2015 47,643,398,018 0.07% 341,044,727 GH/s Apr 19 2015 47,610,564,513 -3.71% 340,809,696 GH/s---- negative 3 Apr 05 2015 49,446,390,688 5.84% 353,951,052 GH/s Mar 22 2015 46,717,549,645 -1.50% 334,417,246 GH/s---- negative 4 Mar 08 2015 47,427,554,951 1.59% 339,499,662 GH/s Feb 22 2015 46,684,376,317 5.01% 334,179,783 GH/s Feb 09 2015 44,455,415,962 7.71% 318,224,263 GH/s Jan 27 2015 41,272,873,895 -6.14% 295,442,739 GH/s ---- negative 5 on my birthday and a nice big drop Jan 12 2015 43,971,662,056 8.20% 314,761,417 GH/s Dec 30 2014 40,640,955,017 3.00% 290,919,288 GH/s Dec 17 2014 39,457,671,307 -1.37% 282,449,013 GH/s---- negative 6 Dec 02 2014 40,007,470,271 -0.73% 286,384,627 GH/s---- negative 7 back to back Nov 18 2014 40,300,030,328 1.76% 288,478,854 GH/s Nov 05 2014 39,603,666,252 10.05% 283,494,086 GH/s Oct 23 2014 35,985,640,265 2.81% 257,595,247 GH/s Oct 09 2014 35,002,482,026 0.98% 250,557,526 GH/s Sep 25 2014 34,661,425,924 16.20% 248,116,151 GH/s Sep 13 2014 29,829,733,124 8.75% 213,529,547 GH/s Aug 31 2014 27,428,630,902 15.03% 196,341,788 GH/s

32809

Bitcoin / Mining speculation / Re: When (at which price) will BTC miners have to dump BTC to cover the costs?

on: January 17, 2016, 01:21:35 PM

I use bitcoinwisdom current diff 113 https://bitcoinwisdom.com/bitcoin/calculator at 3 cent power the s-7 is a loser at the price of 41 usd a coin at 4 cent power the s-7 is a loser at the price of 55 usd a coin at 5 cent power the s-7 is a loser at the price of 68 usd a coin at 6 cent power the s-7 is a loser at the price of 82 usd a coin at 7 cent power the s-7 is a loser at the price of 96 usd a coin at 8 cent power the s-7 is a loser at the price of 110 usd a coin at 9 cent power the s-7 is a loser at the price of 124 usd a coin at 10 cent power the s-7 is a loser at the price of 137 usd a coin

32810

Economy / Service Discussion / Re: [January 2016] Bitcoin Mining Datacenters by the Megawatt

on: January 17, 2016, 01:07:50 PM

Quote from: RichBC on January 17, 2016, 12:57:53 PM Also surely F2Pool is way to big to just be a Public Mining Pool, must be someone's data centre? They offer steady payouts this is a huge reason people use them. Think like an accountant not like a geek.---------- Sounds nasty not meant to be nasty. But if you are business oriented you mine here. I have a limited 2 cent power deal with a friend he is a banker not a geek. He insists that this 1 s-7 is to be pointed at you guessed it f2pool. If you back a person with cash you don't want variance. As much as I don't like some of f2pool's methods the steady daily payout has a lot of meaning.

32811

Bitcoin / Mining speculation / Re: Diff thread Jan 13 to Jan 27 picks are closed.

on: January 17, 2016, 09:48:40 AM

Quote from: notlist3d on January 17, 2016, 04:51:20 AM Quote from: edonkey on January 17, 2016, 04:12:11 AM From what I heard, Mike had a few hundred bitcoin. I've never heard that he was a miner. His impact on the price is not that direct. The price downturn was due to his comments and exit. And maybe sprinkle in a bit of bad (but not unexpected) news about Crypsy. As an aside, I completely cleared out of Crypsy months ago and never looked back. Really I think that Mike leaving will have a good effect. It is very likely that we'll get some protocol change, even if it's only the move to 2 MB blocks as per Bitcoin classic. People can argue all day long about how Bitcoin should be changed to support growth. But something has to happen, and it has to happen relatively quickly. My hope is that Mike's dramatic exit will force something to happen in the near term so that Bitcoin can continue to be relevant and maintain its potential for greatness. I don't think it will force much though. His as you put it dramatic, which is very true leaving with timing of cryptsy going belly up. So there were two bad decent sized articles on most bitcoin news sites. And the more the comes out of cryptsy the scarier it is. They sit on being hacked for months which is crazy they knew they were doomed, but kept it internal. So really bad news. Add to this someone who some respected saying bitcoin is dead is a huge story. Does anyone know why he made such a public and hurtful comment? Also it interesting he sold at the higher rates..... he did not deal with downside of his comments so I have a problem with that it's like inside info. Time will tellwhat he did for or against BTC , but for today we are not making many blocks at all https://blockchain.info/blocks 393669 (Main Chain) 2016-01-17 09:40:36 393617 (Main Chain) 2016-01-17 00:12:17 43 blocks in the time we should have 58 that is a huge down turn -25.86% for that 9 hour 40 minute time period. Dare I say we could go - ? %

32812

Bitcoin / Group buys / Re: [lee group]1150$! The group buy of hosted bitmain S7 @4.73T online on 27th Jan!!

on: January 17, 2016, 09:33:40 AM

Quote from: wlefever on January 17, 2016, 03:43:06 AM pcfli I have just sent you an email to your address leegroupsale.1@gmail.com with request to pay my balance via PayPal. I also believe philipma1957 may have already contacted you on the miner (4.66Th S7) I purchased from him so I can point to my pool settings. Thanks. @ lee I confirm that i was paid for my 1 s-7 and that you need to transfer it to wlefever so what is it you need to do the transfer? please reply. pm sent.

32813

Bitcoin / Mining speculation / Re: Diff thread Jan 13 to Jan 27 picks are closed.

on: January 17, 2016, 03:59:45 AM

Quote from: mavericklm on January 17, 2016, 02:25:39 AM Estimated Next Difficulty: 119,923,894,671 (+5.80%) Adjust time: After 1512 Blocks, About 10.6 days Hashrate(?): 744,687,897 GH/s small rise! yeeeee at least for a month or so it might go back under 5% It is more like (- 1.11%) right now

32814

Bitcoin / Pools / Re: Jan 11 to Feb 11 Sidehack Compac Stick pool new 30 day run.

on: January 17, 2016, 03:38:39 AM

@ cryptoglance I can't enter 42) http://solo.ckpool.org/workers/1JiWuyX94wrCr7JhkAn7x5qNMCEef1KhqX.Jan11Chris_Sabianstick Jan11Chris_Sabianstick I enter it says successful and it does not show http://poolmonitor.cryptoglance.info/ I will try again no go So is it the _ between Chris _ Sabianstick?

32815

Bitcoin / Mining speculation / Re: Diff thread Jan 13 to Jan 27 picks are closed.

on: January 17, 2016, 01:53:50 AM

Quote from: Quickseller on January 17, 2016, 01:36:24 AM I am curious to know if anyone know if Mike Hern had any significant amount of mining equipment. The sharp downturn in short term (504 blocks) seems to coinside with Hern announcing that he is no longer going to be associated with Bitcoin. If not, then I wonder if the apparent decline on hashrate on the network has anything to do with Hern "leaving" Bitcoin So you think he shut down a farm? Makes sense if he had an older farm that was becoming marginal profit. Say a 20-30ph from s4's of course 30ph is only 1/25 of the network, but still it could be something like that.

32816

Bitcoin / Pools / Re: Jonny's Mining Emporium (bravo-mining.com)

on: January 17, 2016, 12:05:17 AM

Still locked out on my rentals. Will try something else. To get in.

32817

Bitcoin / Pools / Re: Jonny's Mining Emporium (bravo-mining.com)

on: January 16, 2016, 10:06:55 PM

Quote from: jonnybravo0311 on January 16, 2016, 10:04:24 PM Quote from: philipma1957 on January 16, 2016, 09:39:50 PM Yeah self-mod is the way to go. I do all my threads that way. oh I have 100th but .01 btc I will monitor close and add some more coin at the right time. so far the pool is not allowing the rental still dead Might be DNS propagation... Although there are already a couple of rentals pointed to the pool... well now someone jacked price way up so I did not get in yet. I will look later.

32818

Bitcoin / Mining speculation / Re: Diff thread Jan 13 to Jan 27 picks are closed.

on: January 16, 2016, 10:05:25 PM

Quote from: RichBC on January 16, 2016, 09:44:32 PM Quote from: philipma1957 on January 16, 2016, 09:37:44 PM or he had sold a ton of coins at 450 dropping price to 430. then made the announcement hoping coins would that a big drop so for every coin he sold at 450 he could get bargains at 350-360 Many forget coins were dirt cheap when he started. He may have 50,000 coins. I earned 1 coin a day from august 2012 until dec 2012 about 125 coins. the whole network was about 20th My house is mining 25th right now as I type!! Unfortunately if that is true, it also shows how vulnerable Bitcoin still is, if a single individual can manipulate the market in that way? Rich will yeah from 2009 to 2012 more then 10 million coins were mined the first ½ ing was at the 10.5 million coin mark So lets say 10% are lost ( pure guess) That still makes 9 million coins all under 40 bucks in fact more like all under 1 dollar as the first big spike to 40 bucks was brief. So if you had 10000 coins at a buck and started selling them during the march -april 2013 runup to 240 even say sell 5000 at 240 that is 1,200,000 Keep 600,000 in cash. so you are at 5000 coins buy 600,000 at 120 each after the crash from 240 to 120 you are back to 10,000 in coins and 600,000 in cash. It is the month of June or July. 2013. So when coins go mad in Oct-Dec 2013. sell all 10,000 coins some at 500 some at 750 some at 1000 average of 750 x 10,000 = 7,500,000 all cash no coins. That is not a lot of correct guesses. I am sure quite a few players with older coins. That have held and maybe decided to get out of the game. We are very young industry. Lots can happen good or bad.

32819

Bitcoin / Pools / Re: Jonny's Mining Emporium (bravo-mining.com)

on: January 16, 2016, 09:39:50 PM

Yeah self-mod is the way to go. I do all my threads that way. oh I have 100th but .01 btc I will monitor close and add some more coin at the right time. so far the pool is not allowing the rental still dead

32820

Bitcoin / Mining speculation / Re: Diff thread Jan 13 to Jan 27 picks are closed.

on: January 16, 2016, 09:37:44 PM

Quote from: notlist3d on January 16, 2016, 09:05:37 PM Quote from: RichBC on January 16, 2016, 08:56:47 PM Quote from: notlist3d on January 16, 2016, 08:42:27 PM Quote from: RichBC on January 16, 2016, 08:11:40 PM Quote from: philipma1957 on January 16, 2016, 05:57:55 PM Quote from: RichBC on January 16, 2016, 03:06:20 PM What a difference a Week makes... From a solid +9%, (170 Black days) and I would have said that the rate going out of the period was higher than that. Now just had a -15% (122 Block Day) Do people think the lower hash rate is at this stage related to the Exchange rate drop, or was the hash Rate down before that happened? Rich Both not or at least that is my my guess. Oh we picked up today 110 blocks in the time for 108 which is under 2% So far we are really doing well. for the first 3 days. Yes funny how the first couple of days often look to be well down and then pick up? Looks like we will be close to par for Today? However still well done at -6.7% for the period so far. Rich Btc value is also doing a little rebound from the top 350ish to 386. I'm just hoping we can get back to 400 sell wall again. I really like seeing that sell wall mentally. So really feeling better it could have been a lot worse. I think the cryptsy news added with the Mike Hearn story.... I think he could have been a little less public almost seems like he wanted to hurt Bitcoin. Also Cryptsy was attacked in July ( http://www.coindesk.com/cryptsy-bankruptcy-millions-bitcoin-stolen/ ). If people have not learned yet do not keep your coins on a exchange it is a bad idea for most. Yes I think he set out to hurt Bitcoin... Good to see a little bounce, and I did buy some at what I hope was close to the bottom? Rich I think you can think Mike Hearn for a lot of that profit. I'm hoping we go back up and he fades into background. I just hope he keeps quiet saying things like bitcoin is dead is a great headline, even if not true. It is a little scary he want's to hurt Bitcoin it seems. I'm a little afraid of future remarks getting picked up in news articles and have same effect. or he had sold a ton of coins at 450 dropping price to 430. then made the announcement hoping coins would that a big drop so for every coin he sold at 450 he could get bargains at 350-360 Many forget coins were dirt cheap when he started. He may have 50,000 coins. I earned 1 coin a day from august 2012 until dec 2012 about 125 coins. the whole network was about 20th My house is mining 25th right now as I type!!

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