This...

Agreed and as we know if the fundamentals are tight they find a floor stabilize and moon again with higher lows and higher highs until the next halving.

I agree that the halving will create a self perpetuating snowball effect from the buying pressure. Im being liberal with some assumptions but presently there are 3600 BTC mined per day. At a stable price of $450 per BTC that's $1,620,000 that's entering into BTC to maintain the price.
If the creation of new coins is cut in half to 1800 and $1,620,000 is still entering the market its inevitable the price will rise. The snowball will grow bigger as BTC gets more mainstream media attention and FOMO starts to take hold of the masses.

Its funny when I talk to common folk today about BTC the 1st they ask "is bitcoin still around?" 2-3 years ago it was "whats bitcoin?"
Point being almost everyone knows what bitcoin is or has heard about it but we didn't have the on ramps we have today. When the media hype starts it will be much easier for average folk to buy in. Once they get the taste of BTC it will be a slippery slope into the altcoin world.

Definitely exciting times ahead.

I have the same issue. It was running fine and even staked a bit then it started to lose sync and after a restart the checkpoint error message appeared. Now after several restarts it does not sync and the checkpoint error message is continuous.

@Gifted, I want to thank you for this post. I've been looking into starting a faucet and your information has been invaluable.

I looked at your file for starting a Xapo faucet, can this be installed on a hosting service like bluehost or hostgator or does it have to be on a server like AWS?
AWS seems like it will be an extra expense and that would be against your suggestion to make a profit 1st before spending any money on it. Xapo seems to be the best chance of being profitable.

 I already installed faucetinabox on a subdomain and its in a iframe on a wordpress site so I can add sidebars and stuff.
Does it make sense to just run with the faucetinbox until I turn a profit then switch over to Xapo or start an additional faucet using Xapo?

Thank you for your response.
 

I use to think that there was a correlation between the price and PoS difficulty. The higher the the diff meant more people were staking and less coins were available for sale so price went up. That seemed to be somewhat correct when we had cryptsy/volume and it worked for me. Now not so much. Difficulty has been relatively high the last couple of weeks but the price stays low. I wish Cryptopia had more volume. Short of a big exchange adding tek I think the BTC halving is what will raise all ships.

This definitely is a great time to buy and cost average tek holdings.

Price is up. Why? Did I miss some news.
I understand the price going up on craptsy because of withdraw issues and folks dont have anything else to do with their money but its also up on cryptopia.

Any theories?

I have board that stopped working. Where can I get it repaired?

ok thanks contacting support.

is purse down I cant login it does not recognize my login credentials?

All my my mmxiv are in my local wallet. Can I still send them to myself to consolidate them into 1 address? Will this affect the screenshot?

I had the wallet running for months with an occasional crash but now I cant get it to load at all. I reinstalled it about 3x with the same result. Any suggestions?

Any suggestions on how to get this wallet to load? it keeps crashing. I reinstalled 3x's with no luck. I cant get past the logo splash page keeps crashing.

Thanks for the update. That might explain the 8 orphans I got 2 minutes apart.

Status: 0/unconfirmed, broadcast through 7 nodes
Date: 5/20/2015 17:55
To: pjcltd vVCfb7TDh57W7DkmEmhaPQmu8jzy6QqMPN
Debit: -2155.9999 VARY
Transaction fee: -0.000001 VARY
Net amount: -2155.999901 VARY
Transaction ID: 5c914cf4ecad132ff0cf13c5888e610e7defe082d1dd10ab75614260e6500790

pjcltd,
You sent me my 1078 coins aprox. 10:12 est. in two transactions. Then 15:52 est. I received another 1078 in two transactions.
I did not withdraw anything extra it was sent to me.

Do you want me to send just the extra coins or everything I received?

pjcltd

Thanks Paul received my Variance. I mined more than I anticipated. Looking forward to pool being back up.

Thank you for the work you do.

No sure if it is ok but when it looked like my wallet syncing was stuck I restarted it and the thumbs up message went away. I entered my key and staked a tiny amount .021903 bucks off of my a 100 buck balance.

I have a thumbs up now.

I encrypted my client.
When I try to importprivkey it comes back with
Please enter your wallet passphrase first with walletpassphrase first (code-13)

How do I do that exactly?
Do I enter in
walletpassphrase myencryptedpassword importprivkey myprivatekey
all on one line?

Edit: Nevermine I figured it out bucks are imported.

Thanks

Are you on gorillastake or on a local box?

If local how do you know wallet is synced?
I've been on block 9835 for a while now with no indication of many to go or if it is synced.