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1021  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 22, 2014, 06:51:18 AM
So explain to me why people are selling at 100 when they could sell for 200-250$ on bitcoinbuilder?

They just don't know...?
1022  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Newly Launched on: February 21, 2014, 03:43:19 PM
That's the normal hashrate. This is not a regular scrypt coin.
1023  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Newly Launched on: February 21, 2014, 12:30:48 PM
That binaryfund thing smells a bit funky to me. They might be legit, but in that case they should be slapped in the face for making it took so scammy.
1024  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Newly Launched on: February 21, 2014, 10:16:08 AM
Higher difficulty.  Cry

I don't mind difficulty if the profitability stays up. Right now that's not the case Sad But compared to other coins it's still good.
1025  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Newly Launched on: February 21, 2014, 09:28:50 AM
I understand the situation. But this is not right. ultra.nitro is having the majority of the hash power. And it seems that there is no planned actions to dissipate those hashes to other  pools. With so many downtimes on leetpool, this situation will continue to reappear in the future. I'm mining at idcray, but thing are not so good there either.

utc.greekpool.eu  just re-opened and mining. They were a good competitor and they had to relocate servers. I am sure they will build up pretty quick and share the hashes. Nitro is not trying to corner the market. I assure you that.
Thanks TheStulhman. We transfered our pools to a new server better protected. We are looking forward for more people joining us again!!!

I just re-joined your pool, you're getting quite a lot of orphans though Sad
1026  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Newly Launched on: February 21, 2014, 09:07:25 AM
Just an observation though.

I'm mining at nitro and was getting steady 115-120 coins per day... but now I might only get 90 coins today based from my calculation.

I'm only on my 8th hour so probably too early to say or maybe it has something to do with the increase of number of workers and pool invalids.s

Diff was quite high at some point, I switched to different pools for a while but unfortunately they are getting a lot more orphans than nitro. Greekpool and udcray are at 10% orphan rate now Sad
1027  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2014, 08:42:46 AM
I feel like an awful troll for saying this, but am I the only one who feels no sympathy for the goxers? They had forever to stop using them, why did anyone have money in there?

Many of them probably were trying to remove fiat for months, or had it otherwise stuck (US residents)
Because of the large premium price that Gox was carrying, many probably didn't want to take the hit of rebuying BTC and cashing out elsewhere.

Of course that's not to say that many, many people were not plain blind or gullible. I remember saying in september last year that Gox was a time bomb waiting to...implode.
1028  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2014, 07:47:38 PM
I got myself 1 goxcoin for 0.38, now its on the pump!

Its hilarious, the guy running it is making so much money

He deserves it, it was a very good idea.
1029  Economy / Economics / Re: Mt.Gox and BItcoins, how this changed my life on: February 20, 2014, 07:41:18 PM
Don't sweat it man. Just wait. No matter the outcome this is a temporary problem, and you can pat yourself on the back for only investing money you could afford to lose. I don't want to count the fools who went "all-in" with no backup plan and borrowed money.
1030  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2014, 05:47:30 PM
Quote from: Rannasha

Better yet, print first and then scan the QR code from the print. That ensures that your print is of sufficient quality.

Holy detour bat man. Just right click save as the png image with the QR code
1031  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2014, 05:31:22 PM
I guess then that we had a leak at bitstamp side.

We need to hear from somebody who used an exclusive address for their bitstamp account (ie. one that they have not used on some other service), yet still received that spam, to know this for sure.

No chance, then the scammers would not have used btcguild in the ruse (most people they sent to would have nothing to do with btcguild whilst they would know for a fact all their targets are at stamp)
1032  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ••• [ANN][SMC] SmartCoin • KGW • 9 EXCHANGES ••• on: February 20, 2014, 01:10:59 PM
I'm in the "someone sold to himself" camp with this. Putting in 1 satoshi is too unlikely to be a mistake. The order book was thin and someone decided to wipe it out and tank the price.
1033  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ••• [ANN][SMC] SmartCoin • KGW • 7 EXCHANGES ••• on: February 20, 2014, 12:16:56 PM
where do you see the 3.7 wall? not overly familiar on any market but btc-e

It vanished one I said I was gonna dump  Cry

Just like 1 week ago around this time we had a fake pump all the way to .00029

That wasn´t a fake wall last week. He bought for over 50 BTC!!!

And I bet he feels like a idiot

WHY?

because he could of bought for a lot cheaper



That kind of volume? How many can you buy right now up to 0.001? Answer: not a whole lot
1034  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2014, 09:06:32 AM
confirmed.

Confirmed without a source obviously  Cheesy
1035  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Newly Launched on: February 20, 2014, 08:39:47 AM
anyone watching the carnage on GOX Tongue

I can't quite figure out if I'm happy that I left that doomed place months ago, or sad that I cant' get any of the cheap coins there.
1036  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2014, 08:12:24 AM
20,000 volume in the last hour and they all made Gox $8 * 20K so that's $160K USD for Gox. No that can't be right is it assuming the majority is the 0.05% fee.

Large players have much, much lower trading fees.
1037  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2014, 08:06:20 AM
It has to be manipulation. Why would anyone wait several days for the next update from Gox, only to start dumping right before anything is announced? If they announce the re-opening of BTC withdrawals whoever dumped their coins at 150 is going to look a right idiot, and nobody with this much coin can be that stupid. It has to be a ploy to shake more money out of the smaller holders.

1038  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2014, 08:02:03 AM
is that blood dripping??

It's almost funny, many of the bitcoin naysayers would see this graph and go "HA! see I knew it!" but it's only happening on Gox  Cheesy
Never seen something like this in my life, other exchanges are holding close to 600 while 1 exchange implodes. I guess that's what happens when you hermetically seal off your exchange to the outside world...the inhabitants go berzerk.
1039  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2014, 07:54:25 AM
I'll have an M for Mark, please.

1040  Bitcoin / Hardware / Re: WHAT! :( Butterfly Lads won't deliver the Monarch Till March or April:( on: February 18, 2014, 12:48:25 PM
Another lie from dropt!  Who'dathunkit?

BFL is behind by less than a month, if you can even classify it as being behind, since we never promised a shipping date.  Be that as it may, if history repeats itself, we'll be right on target and timeframe for the Monarch.  Our second generation FPGA was underpromised and overdelivered as far as performance goes... if history repeats itself, the second generation ASIC will be as well.


Dude BFL is a fucking ripoff any way you want to put it...46 bitcoins for 600GH...what a fucking joke. I just ordered 3TH for 10 bitcoins. Your company sucks, and you should be ashamed to be an American Company...take your garbage to Russia with the rest of the bullshit scammers...BFL FUCKING SUCKS!!

Isn't bitfury Russian? I'm pretty sure most of the companies that have failed to deliver have been American - BFL, HF, VMC, Terrahash, and even Cointerra is late.  All US companies.

Don't forget the bASIC scam.
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