I think what you are missing is that 'performance' is not hash-rate exclusive. Power-draw is central to 'performance' when it represents a significant outlay.
But if the chip already has the ability to hash more efficiently then why not let it do so from the beginning, why set it to do so as a function of difficulty? |
|
|
|
How is it possible to have a speed increase which is dependent on difficulty increase? That makes no sense.
It's a fantastic question. Revealing how it works might be shooting ourselves in the foot.  There is no way for it to work. That is the point. Unless the code, over time, using AI learns how to hash more efficiently or learns shortcuts to the hashing algorithm. But that would require malleable logic paths in the chip. You need AI and nanotech chips that can change as time goes on. |
|
|
|
How is it possible to have a speed increase which is dependent on difficulty increase? That makes no sense.
Agreed. I remember back in the days I had a turbo-button on my computer that made it go faster somehow. Must be something similar ... If that is the case then it has nothing to do with difficulty increase and is simply an overclock button that can be used at any time, high difficulty or not. |
|
|
|
|
How is it possible to have a speed increase which is dependent on difficulty increase? That makes no sense.
|
|
|
|
OK, I thought you said cables. It is likely, IMO, that VMC shipped out some of these extension cases. |
|
|
|
What could products be anyway? I wasn't aware AMC or VMC were producing any other products than miners.
Their only production are the PCI-Express miners and the chips. Anything else, the hosts, the PCI-Express extension cases, etc. are not theirs, but of course they act as a reseller. I can't believe I know ActiveMining products more than its shareholders! VMC isn't selling extension cables. So, either it is chips, completed miners, the case, or slide rails. |
|
|
|
|
What could products be anyway? I wasn't aware AMC or VMC were producing any other products than miners.
|
|
|
|
|
There wasn't enough buying pressure to carry this up.
|
|
|
|
A smart algo trader isn't going to replicate exact same pattern so close in time. My guess is a second dip after a Dec 2 looking recovery.
^ we dive tonight. But he continued the pattern for days previously and he has to raise the price to sell-off and make a profit. unless, the manipulator doesn't care about profit. But to bring the price up he still needs buyers and if we are out of them then all the price can do is remain steady or fall, obviously. |
|
|
|
If the bot pattern that I think may be happening is actually happening, we are going to briefly drop to around 1010-1020 in the next 7 hours.
Just a side note... Gox is the only place I have traded where I lost coins having sold higher than I bought them. Ponder that.
Ya. Just spent some fiat. We'll see.
My $1010 prediction was perfect. Hats off man, now i gotta give credit to this algo trader theory.There is some higher power above controlling the coin  thanks. Someone is able to manipulate because of the low volume. I'm sort of trying to decide how much of the current price is market supported. This whole $1250 high could have been the result of manipulation on Gox and BTCChina, despite what everyone wants to think about Chinese and such. Not saying it is for sure... I must have missed Larry King Live, what's the grand prediction here? I believe that this most recent sell off is simply an expectation that more Chinese investors would dump in the morning .. so all the European night owls and Americans start dumping as the Chinese awaken .. So, last week I pointed out the algo pattern that continued for about a week or so. I then today realized there was a new algo pattern and based on that pattern made a prediction of how the price chart would proceed on Gox with the exact low and time-frame. The China news was coincidental, the sell-off was coming anyway as a result of the bot. The manipulator is playing with at least BTC1000 or more. |
|
|
|
Am I the only one completely unfazed by this drop? Perhaps it is a sign that I have been involved with BTC long enough to understand that what goes up must come down but will eventually go up again? As a newbie I pretty much panicked in April and was depressed when the price dropped after that epic rise but now it just feels normal and almost welcomed to have some drops. Corrections have to happen in the growth process I believe. The great thing I am seeing is that the drops are getting smaller percentage wise. Perhaps due to the larger number of holders and less whales that can manipulate prices?
No. Everyone else is completely unfazed as well. |
|
|
|
If you want to know what is happening just look at the chart on Dec. 2 - we are going through a replay of that algorithm pattern after the big sell-off. I am guessing it will hit close to $1010 over the next three hours. Maybe lower.
Nice call. What happens after we hit 1200? It will probably be the ATH or close, so $1240 or so. Uhhh... I have no idea. He could continue running the bot, which would mean a sell-off again; he could switch up to a new algo; natural buying pressure could push us higher; he may have so much leverage he can crash the entire thing... But that doesn't really narrow it down. If we have a period of steady price for about a day or so, there will probably be another massive sell-off. I will probably sell around the $1230 mark to be safe. Just have to wait and see what happens.  |
|
|
|
Ya. Just spent some fiat. We'll see.
My $1010 prediction was perfect. |
|
|
|
Is the algo trader working all four of the big exchanges or are the markets mature enough that a bounce in one triggers the others?
I don't know. I just know "he" is on Gox. I guess he or they could be running on all the major exchanges. But even controlling one at these low volume periods is enough to manipulate the price. A smart algo trader isn't going to replicate exact same pattern so close in time. My guess is a second dip after a Dec 2 looking recovery. He ran it for about a week to a week and a half before but it wasn't as noticeable. Nor were its movements as large as this current one. I expect him to change it up in the next couple days. We still have another couple hours at these low prices so buy up while you can. |
|
|
|
Thanks Vigil. I see the Dec 2 pattern. You mentioned the algo somewhere above, but not sure how you got there.
1010 seems to have a small wall, so we'll see. I was looking at cny when the sellers started, then changed to stamp. Confusing my pea brain.
No problem. My bid hit exactly at the 1020 I set 4 hrs ago based on the Dec. 2 plots to play it safe. It may still go lower but didn't want to take the risk. The first algo I noticed started either right at the $450 drop or a couple days after where it plateaued at $900 or so. Whoever is running the algo switched up about a week back to this new one. It carries the price high to $1200 or so and then plummets the price down to the $850 mark. There is a small rebound with a small double reversal and another small sell-off. It will now start upward toward $1200. Unless it is turned off of course. That means that the China news only played into the algo creating a much sharper decline than on the 2nd. |
|
|
|
|
If you want to know what is happening just look at the chart on Dec. 2 - we are going through a replay of that algorithm pattern after the big sell-off. I am guessing it will hit close to $1010 over the next three hours. Maybe lower.
|
|
|
|
|
Can we get a grammar correction on the Cryptotrader ActM section as well?
|
|
|
|
Really hoping some of you dissatisfied investors dump your shares immediately, and then please vanish from this thread forever, for your sanity and ours.
Yes but unfortunately it looks like crumbs is here for the long-haul. As soon as he gets his shares he will be the biggest cheerleader going. Hilarious that he doesn't know that an order book is different from a transaction log - 'where did these come from' (quotes pre-trade order book thinking they are past trades). lol What a prat. And he thinks there are 48weeks in a year. IF he comes back on here between now and when we go live you know it is with one purpose. TO FUD holders into selling cheap into his buy orders. This man is ruthless, heartless and only out for himself. He would trample over over any one of us to get his own way. There are a lot of people who support each other on here but this guy is pure selfish greed. Do NOT sell your shares cheap. MAKE THIS TROLL PAY TOP DOLLARHe would trample over his own grandmother... |
|
|
|
Guys, I panicked and sold 5% of my bitcoins at least 1000... am I a bad person? Should I buy back?
Buy back on this incoming dip. |
|
|
|
Just recovered from another sell-off. Short sell-off will commence for the next few hours to about 1010. |
|
|
|
|
Show Posts
