I turn my monitor upside-down...  Everything's going up!

Well, Gox is overinflated...

BTCChina: 3250 CNY.
3250 CNY = 535 USD.
Gox : 712 USD...  SELL! :-)

BTC is correcting back to 140$...  Where it was sitting comfortably for weeks before China inflated it.

To get sync, you need blocks found.  And to find blocks, you need mining.  Plain and simple.

The one to start PoS was PPC, but they know this, and that's why they don't premine all of their coins.  Even in a few years, there will always be some PoW.

Now, ADT is make tons of coins one day, and bye-bye zippo the next day.  Why burn electricity at mining just to generate blocks?

Nobody's mining anymore, even the main pools are closed.  So no mining = no more blocks = blockchain stall.

Until we have any incentive to mine again, the sync will not come back.

3 bad ideas here.
- Have a preset max number of 'PoW' coins and then remove completely the need to mine.  Bitcoin success comes not only from getting coins, but from having a community backing up the blockchain by mining it.  What would you do if you go at work and your boss say 'Ok, I will give you your year's salary in the first 2 weeks of January.  Then, just continue to work as hard for the rest of the year, hoping the company make some profit and maybe get a tiny small bonus or two along the rest of the year'.
- All those PoS concept is bad for the coin economy.  Just encourage people to hoard.
- 30 seconds blocks.

That last item is such a big mistake for so many coins.  It kills anybody wanting to solo-mine.  With the time it takes for blockchain to propagate, only the largest miners (i.e. large pools) end up being the winners in the blockchain fight.  Others end-up finding a block, but by the time it propagate to the large pools, those pools already have found 2~3 blocks.  So the solo end-up having all orphan blocks.

I think the MINIMUM should target 2.5 minutes.  Bitcoins was taught for long, and if 'Satoshi' decided to put 10-minutes target, then he/she did so for a very good reason.

So, conclusion, this patient really is sick.  Let's hope that along those lines of wisdom, a solution is found SOON...

P.S. I do have 20M ADT which did cost me too (didn't mine them).

tl;dr.  A question like that, for the sync issue.  Maybe 90% of the people who had wallets were people mining (including mining pools).  Now that mining is no longer 'worth it' (No PoW anymore), I think everyone just closed their wallets.  Also no new blocks comes in.

If no incentive to mine comes in, that this coin will die.

To some extent, probably QRK will suffer the same fate.

Any working pool?  All pools I find seems to be down/dead.

BTC takeout is still taken out...

Supposed to be fixed first thing in the morning    Still waiting...  

Edit: Ah, as I was writing...  "Withdraw BTC has been fixed and in final stages of testing, we estimate restoration in 30 minutes."

Edit 2: 1 hour, still waiting...

I just wonder if we'll have info on the outage of the wallet server.

And now, BTC withdrawal is suspended...

Want to buy cheap coins?  caVirtex is still "stucked" at 1000$

Why is it so low?  Especially with CAD/USD exchange rate getting lower those days, it should help in the other way...

What I taught too...  Those people would deserve to be shot!  At least, make a gift, give up your mining equipments to someone who need/care about receiving money! 

I don't know why people are still asking "what's happening with 50btc", "when will I get paid", etc.  It's pretty obvious now that it's gone and you won't ever see your BTC.  Move along, nothing to see...

Even the op is not even getting here anymore.  That thread title [115 Th] clearly hasn't been updated since a while.  For what we know, he may just have invented a nice story and left with the BTC.

But that's not the biggest question I have.  What I don't understand is why there are still people mining on 50BTC...

Well, looking at the hashrate (finally) hitting a wall, I can only speculate that BFL have ended shipping en masse...

So, the world is taking a breath and getting ready for Gen2 ASIC?  Or is this there something I missed with the reason the hashrate stalled?

Are you able to login guys?  I get "A record with the supplied identity could not be found." (And I double-checked the login credentials...)

It does work that way...  For exchange rates.  So in a sense it does compensate (lest conversion fees save more money for withdraw/deposit fees).

Ref: https://www.cavirtex.com/fees

Yes, I do like the "easiness" of Virtex too.  Well, compared to the americans who have no much choices.

And I too do speculation on BTC-e, although I'm bad at it hehe

But prices are also driven by "local" mentality.  How it's seen on the specific exchange.  In other words, on each exchanges, it just "work that way around here".  This taught apply to so many places in real life...  People get used of seeing a norm, and derogating from it just seem out of line for that specific environment.

Well, the one good thing of ASICs is that BTC will become zombie-proof.  A well crafted zombie could well start hundred of thousands GPU miners, but even that is making less and less of a dent, and certainly not doubling the hashrate

In a few months, the only thing that will me mining BTC will be sub-28nm ASICs.  The rest will be like computing Pi to 1 million digit with pebble and sticks...

Yeah, it's what I taught, but it looked kind of strange, seeing all those blocks in a few seconds apart

However, the thing that confirm it's just noise is that those blocks are coming from different sources/pools.

I made a transaction just before, and it confirmed very very quickly  It would be a bummer though if you would make a Tx during a "low", from your wallet to your favorite exchange site, while BTC is crashing

Is it just me or has the hashrate just had a MASSIVE surge?

Last half hour...

265348 (Main Chain)     2013-10-22 15:59:43
265347 (Main Chain)     2013-10-22 15:57:53
265346 (Main Chain)     2013-10-22 15:55:46
265345 (Main Chain)     2013-10-22 15:56:14
265344 (Main Chain)     2013-10-22 15:54:54
265343 (Main Chain)     2013-10-22 15:52:43
265342 (Main Chain)     2013-10-22 15:50:48
265341 (Main Chain)     2013-10-22 15:47:08
265340 (Orphaned)       2013-10-22 15:39:21
265340 (Main Chain)     2013-10-22 15:39:47
265339 (Main Chain)     2013-10-22 15:34:18
265338 (Main Chain)     2013-10-22 15:32:57
265337 (Main Chain)     2013-10-22 15:32:16

13 blocks found...

The previous 30-minutes periods had between 4 and 7 blocks found (should be 3, but with higher hashrate it's understandable)

Just my observation...  Luck? 

I'm on CaVirtex too, and I think all those results are really understandable.

First, for the prices that are now lower than Gox, the problem is actually Gox itself, not Virtex.  In fact, Gox had problems paying (among other set of problems) users, and with the U.S. setbacks, method of trading shutting down (LibertyReserve and al.), etc.  it's harder to get money in and out.  And doing so incurs higher fees.  As such, prices now tends to trade higher on Gox.

Also, Gox is no longer the center of the Bitcoin trading economy.  As a proof, BitPay, who used to rely on Gox prices for payment processing, is now basing it's exchange rate on the average of several exchanges (and no longer just Gox).

So, Virtex, as other exchanges too, are all generally lower exchange rate than Gox.  They are all in the same area, except Gox that is always 10~20% higher.  So that explains Virtex 'lower' prices.

As for the stability, well, it's all a matter of volume.  CaVirtex has much lower volume than, say, BTC-e or Gox.  Also, people tend to jump on the defensive much quicker than the offensive.  So you often see the price retract fairly quickly during a mini-crash, but does not revert as quickly on the uptrend.  Often a small dip on Gox will get people nervous and sell, but takes a few minutes/hours to reach the same price as before when the volume is low.

Hope this explains a few things

Eric