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1  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: May 14, 2015, 07:09:44 PM
Drumble, the lower the payout yield (the longer the ROI) the more incentive to trade because the less you lose by having bitcoin sitting on your account waiting for the right trade. On the other hand hash in sell orders mines until the orders are filled. Also the lower the payout yield the less incentive to re-invest at best ask and the more to fish for lower prices. A market for hash will always tend to trend down over time because as soon as the hash mines traders start marking it down for profit taking. So, the most obvious trading strategy will be to try to buy high and sell lower in general in order to increase the hash rate held.

So, I can see problems in maintaining this current price level.

Well as far as trading and payout yield I got that. Noob in the hashrate territory but no noob in trading. I was just looking for some statistics. It has been an exciting week so far got my small time initial raised 10 times from 0.3 to 3 BTC so not to bad at all. Buy low sell high, repeat. Risky but profitable in an fluctuating market. As I see it the fluctuation happened because of the mining problems and the server lag gave a little extra. Now I don't expect this to happen when it is settled, but seeing some charts from the last months or so would clear things up in an instant.

Quote
So, the most obvious trading strategy will be to try to buy high and sell lower in general in order to increase the hash rate held.

I assume that is a typo.

Buy high sell lower to increase the hash rate yield?

But English is not my native language so I could be wrong
2  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: May 14, 2015, 05:56:53 PM
Well, according to the rankings the top 20 hold something like 70% of the floating hash trading there. I donīt know whether they need to unload as such but certainly theyīre sitting on substantial investments from which they probably want to extract regular earnings. Which requires selling and withdrawing and which of course also requires buying if the price is to hold up. Now that the ROI is up to 115 or so days that may be more of a problem than before. Good luck, g

Is there anywhere I could see the numbers of the hash trading of their site? I'm just a noob and jumped in less then a week ago.

Not really an expert here, others on this thread are much more knowledgeable Iīm sure. But according to the Admin 500 GH/s of Scrypt are held by users and trading between them. And he has 350 himself which he presumably plans to sell at a later date. As for the top holders itīs under rankings there at the site.

ok that makes sense.

I was hoping for some charts of prices, roi and stuff like that.

But for now, as a small player it seems more profitable to trade then to wait for your rewards. Especially in weeks like this one.
So that made me wonder about the 'normal' weeks
3  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: May 14, 2015, 04:58:34 PM
Well, according to the rankings the top 20 hold something like 70% of the floating hash trading there. I donīt know whether they need to unload as such but certainly theyīre sitting on substantial investments from which they probably want to extract regular earnings. Which requires selling and withdrawing and which of course also requires buying if the price is to hold up. Now that the ROI is up to 115 or so days that may be more of a problem than before. Good luck, g

Is there anywhere I could see the numbers of the hash trading of their site? I'm just a noob and jumped in less then a week ago.
4  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: May 14, 2015, 04:05:30 PM
So any news on when trading will start again?

I was finally able to place a sell order. Looks like chat is disabled.

Sold here and withdraw. I have nothing to complain and will be back when things are smoother with the new server.
5  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: May 14, 2015, 02:44:53 PM
So any news on when trading will start again?
6  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: May 13, 2015, 08:11:24 PM
Not yet, hope that they will find good contract in the new (old) datacenter

Do you know why exactly the electricity rates are so different? It's still the same country, right?

I fear the admin tried to prevent the blow up of a ponzi by reducing the payout. Something is fishy.

The story is that the old rates were put in contract by people that got busted for corruption in the company that sold the energy. They got fired and all contracts were put on hold.

The new rates are not negotiated but rather "plug in now" rates (to avoid long down time) and now they are mining again they look for a deal to get better rates.

But like I said it is the story.




and..

Thanks gregory021998
7  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: May 13, 2015, 08:04:51 PM
Tomorrow the new server will be up! Smiley I'm been able to trade finnaly Smiley bought some khs and the price of them is increasing

Did admin update that? I knew he was busy with that as soon as mining was fixed just didn't hear an estimate.
8  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: May 13, 2015, 07:50:29 PM

Can anyone enter their chat or is it also down right now?

Down over here.

btw market has been stuck for a couple of hours now. Buying is just stupid as that are old orders. Drop will come as soon as market functions again.

Maybe Smiley

I've been trying to trade this last 6 hours. Most of the time it didn't went through but some times it did and I was buying low new panic sells and sell them for stuck high buy orders.   Roll Eyes I'm at 237% compared to 6 hours ago now Grin
9  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: May 13, 2015, 07:38:49 PM
Can anyone enter their chat or is it also down right now?

btw market has been stuck for a couple of hours now. Buying is just stupid as that are old orders. Drop will come as soon as market functions again.
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