So if you ever get our err 'your' btc from gox you gonna open this again? or should we just forget about it at this point? lol Assuming everbody has already....
If MtGox opens again, I will pay-out everybody and close the fund.
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Quite surprising, yes - especially as there's no reason at all to trade at MtGox rather than elsewhere.
What was a share worth in the end?
And then they would have gone belly up, same difference. The shares are currently worth 0.024009132 BTC
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I am sorry that I need to tell you guys that all the BTC is/was on MtGox. So I hope it can be recouped, but I fear the worst.
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Yes picked up trading again and made a profit of 8.04% since last reporting date.
Total since end of round 2: -62.39%
Share value is now: 0.022443319
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Hi Guys,
Some better news this time.
Current value of a share is: 0.020773118BTC a change of +32.93% since last time
Total since end of 2nd round -65.19%
I will be unavailable till January 19th, 2014 and will not post any updates during this time.
Wishing you all a happy X-Mas and a marvelous profitable 2014!
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This coin is not only ASIC resistant, it is mining resistant.
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Block 229, here we go again
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I don't think it's the difficulty adjustment that's the issue. Probability is really hard to predict with such a low amount of hashes per minute. I think that as miners are optimized and get quicker, that the coin will stabilize.
My CPU hashes QRK at 60,000,000 hashes per minute, with this it hashes 2.5, lol.
Just my thoughts.
K.
Actually you may be into something here. Many people that have received 0 coins after 10+ hours are gone, and there is no mining pool (because it's not a clone of another coin, so it takes time to open a pool). Few people are left mining. With the difficulty that high and very few hashes per minute we could find the next block in 5 minutes, or 5 days. Exactly, I stopped mining it
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Dear FreeTrade,
I think you should seriously rethink the difficulty adjustment. It is just not acceptable that it takes over 1hour to find a block when 6mins is targeted. When it would be an exception ok, but this is starting to become norm.
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Downloaded wallet
Ok i clicked settings did 8 pros mining
Waited 5 mins.
now it says.
Mining 8 thread(s) at .23 hashes.
been 2 hours no coins.
Please help am i doing something wrong?
Not much prolly, mining at approx. 100 hashes no blocks for three hours.
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I'm on block 222 since 15 minutes. Is this only me?
same here my friend The difficulty adjustment is not optimal (to say the least)
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Am I mining on a fork???
My local wallet says blocks 216, diff 449
Remote wallet says blocks 222, diff 1714
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how can i start mining this coin
+1 With only one CPU you probably better of buying them when you want them
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How can this coin be mined? Running an equivalent of 100 h/s no blocks for 90mins. 100hpm really - how you gt this!? By running 90 cpus
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How can this coin be mined? Running an equivalent of 100 h/s no blocks for 90mins.
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How ppl want to sell 80 and 20 MMC and there is only 177 blocks mined ? (reward is 2 MMC/block !!! may be i'm wrong)
Just reviewing the source again - the ramp up in block rewards actually occurs over 24hours, not 48. So we should start seeing the large block rewards over the next 6 hour period - here's the formula -
Where nHeight is the block number . .
if(nHeight<240){ return (280*COIN)/(240-nHeight); }
Every block the reward goes up until the full reward is reached at block 240.
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ding ding ding.. finally i found a block! reward 1.666666666 mmc
Yes found more: 1.67664670
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Are you seriously saying that I should have just let the funds on a site with an unpredictable owner, that does as he pleases? Pretty easy with 2020 hindsight In all honesty no. After I posted that I remembered that I sold all of my MCX at 0.1 (thankfully at no loss though) for the exact same reason . I thought that there was a good chance they would rebound, but even if they do I don't want my money on that exchange any more. I can't believe people still want to use mcxnow after the bullshit that RS has performed, but that's another story! Back on topic, marp we all put money into this knowing that it was a risk, so I'm not too bothered that it has lost so much %. In USD it's probably not that bad with the BTC rise Knowing your other project that you have on the go, do you have an ETA when the bot will be back up and trading? Hard to say with the holidays coming up. Somewhere end Jan hopefully.
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Wow that's pretty bad performance marp I am not happy with that either. Not sure why you chose to sell the MCX at a loss though, they were always going to rebound to at least 0.2 when the panic was over. Oh well done deal now.
Are you seriously saying that I should have just let the funds on a site with an unpredictable owner, that does as he pleases? Pretty easy with 2020 hindsight
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Hi Guys,
Sorry for not letting you know for such a long time. But with the year coming to an end it is very busy with my 'normal' business and I have been on several business trips. It is also not good news that I bear.
As I told in a post a while ago I was heavily invested in MCS shares and as you might MCX shut down it business and the share collapsed.
This resulted in the fact that we are down almost 40% since last report.
It is also worth nothing that I am currently 50% BTC and 50% cash, because I think BTC will see much lower b4 the way up is found again.
Current value of a share is: 0.015627066BTC
Total since end of 2nd round -73.81%
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