Diff thread oct 29th to Nov 12th picks are closed!! With a bonus reward.

[philipma1957]

my bad I did wrong math

we have 15 more blocks to go on the picks!!

-1.26% to  -1.50%   Tupsu
-1.01% to -1.25% philipma1957
-0.76% to -1.00% HerbPean

+0.76% to +1.00% lolxxxx
+1.01% to +1.25% mavericklm
+1.26% to +1.50% wlefever
+1.51% to +1.75% dukeneptun
+1.76% to +2.00% isvicre
+2.01% to +2.25% cakir
+2.26% to +2.50% Zz
+2.51% to +2.75% The Young Turk
+2.76% to +3.00% DanDan
+3.01% to +3.25% ACAB
+3.26% to +3.50% DanielRo
+3.51% to +3.75% kripto para
+3.76% to +4.00% ingiltere
+4.01% to +4.25% edonkey
+4.26% to +4.50% adaseb
+4.51% to +4.75% ezeminer
+4.76% to +5.00% VirosaGITS
+5.01% to +5.25% smiletyson
+5.26% to +5.50% Notlist3d
+5.51% to +5.75% Biodom
+5.76% to +6.00% tss
+6.01% to +6.25% LGD2Business
+6.26% to +6.50% d57heinz
+6.51% to +6.75% Questor
+6.76% to +7.00% Last of the V8s
+7.01% to +7.25% wpt1wpt1
+7.26% to +7.50% sloopy
+7.51% to +7.75% Kexkey
+7.76% to +8.00% alh
+8.01% to +8.25% RichBC
+8.26% to +8.50% freedomno1
+8.51% to +8.75% Valkir
+8.76% to +9.00% Lboss
+9.01% to +9.25% EternalWingsofGod
+9.26% to +9.50% Ankara
+9.51% to +9.75% zebedee

+10.01% to 10.25% tlhIlwI

we are at 1020 when we get to 1016 blocks we close

so grab one of the high numbers left!

https://bitcoinwisdom.com/bitcoin/difficulty

Bitcoin Difficulty:   62,253,982,450
Estimated Next Difficulty:   66,550,851,481 (+6.90%)
Adjust time:   After 1019 Blocks, About 6.6 days
Hashrate(?):   475,033,487 GH/s
Block Generation Time(?):   
1 block: 9.3 minutes
3 blocks: 27.9 minutes
6 blocks: 55.8 minutes
   

closed

[Mikestang]

If I am not too late:

+7.76% to +8.00% alh

I made that pick 3 days ago, page 6 of this thread:

+7.76% to +8.00% Mikestang

Some reason it never made it to the list.  Not sure what you can do for alh at this point.  If I win I'll give him a tip I guess.
Phil, please fix, thanks!

[freedomno1]

All picks taken from 0.76% to 10.25% with 3 others in the negatives
Time for a forum participation medal  

The difficult can't take huge jumps like that without hardware being actually built first.

For the hashrate to double will take at least 3 months to 6 months.

It seems to be making a 7% jump with all the ancient hardware being plugged back in. I kind of expected there would be more of those but probably...

1) large farms that have cheap power were using the 1W+ hardware even at $230 so no change here
2) large farms that didn't have cheap power already scrapped the 1W+ and don't have anything to plug back in so no change here

I was expecting more old mining hardware to chip in myself but your right mining farms likely kept them offline put them in storage or just plain got rid of them for scrap.
That said I'm sure some hash will start entering into the ring sooner than later as people unpack and re-configure into pools.
(Like Phillips 1 sidehack compac stick which could be mining for all I know ^_^)

[VirosaGITS]

All picks taken from 0.76% to 10.25% with 3 others in the negatives
Time for a forum participation medal  

The difficult can't take huge jumps like that without hardware being actually built first.

For the hashrate to double will take at least 3 months to 6 months.

It seems to be making a 7% jump with all the ancient hardware being plugged back in. I kind of expected there would be more of those but probably...

1) large farms that have cheap power were using the 1W+ hardware even at $230 so no change here
2) large farms that didn't have cheap power already scrapped the 1W+ and don't have anything to plug back in so no change here

I was expecting more old mining hardware to chip in myself but your right mining farms likely kept them offline put them in storage or just plain got rid of them for scrap.
That said I'm sure some hash will start entering into the ring sooner than later as people unpack and re-configure into pools.
(Like Phillips 1 sidehack compac stick which could be mining for all I know ^_^)

Kind of sound like people are just selling all of their older hardware now, insane how even S3's are being grabbed at the prices i was getting S5 last month.

A thing we might see is less miners being sold by manufacturers, they might mine with it for now. I'm guessing they will be more inclined to just sell what they need, a small amount to pay then what they need to move.

Even Bitmain only sold "limited amount" (their words) for B4 and B5 S7.

[philipma1957]

If I am not too late:

+7.76% to +8.00% alh

I made that pick 3 days ago, page 6 of this thread:

+7.76% to +8.00% Mikestang

Some reason it never made it to the list.  Not sure what you can do for alh at this point.  If I win I'll give him a tip I guess.
Phil, please fix, thanks!

my error.  if you win I will pay you and suchmoon will pay alh

[Lituation]

my error.  if you win I will pay you and suchmoon will pay alh

That's very classy move.

[notlist3d]

Talk about dissapointing the surge has turned the other way.  Seems a lot are selling at the moment. 

Hopefully we build on it and are more stable next surge.  Current 391 on coinbase

[Mikestang]

my error.  if you win I will pay you and suchmoon will pay alh

Thanks, Phil, but now I will feel bad if I win. 

Well maybe not too bad, seeing as you split that block solve 3-ways and have a bit of pocket change right now, lol.


Price certainly took a big dive this afternoon/evening as people cash in on the >$460 price.  I see $394 right now, hopefully ~$400 will be the new norm and we can build from there.  There's going to be a lot of disappointed people if we fall all the way back to the mid-200s.

[philipma1957]

my error.  if you win I will pay you and suchmoon will pay alh

Thanks, Phil, but now I will feel bad if I win.  

Well maybe not too bad, seeing as you split that block solve 3-ways and have a bit of pocket change right now, lol.


Price certainly took a big dive this afternoon/evening as people cash in on the >$460 price.  I see $394 right now, hopefully ~$400 will be the new norm and we can build from there.  There's going to be a lot of disappointed people if we fall all the way back to the mid-200s.

yeah and I figure it  is more good karma so why not?

And since I sold almost every coin the drop is not so bad for me.

my 3 s-7's are paid off
and I have 600 profit

plus I still have 4 coins. (1600)

A very nice 2 or 3 days for me.

I have been waiting for a run-up.  I got  this one very nice.

[alh]

my error.  if you win I will pay you and suchmoon will pay alh

Thanks, Phil, but now I will feel bad if I win. 

Well maybe not too bad, seeing as you split that block solve 3-ways and have a bit of pocket change right now, lol.


Price certainly took a big dive this afternoon/evening as people cash in on the >$460 price.  I see $394 right now, hopefully ~$400 will be the new norm and we can build from there.  There's going to be a lot of disappointed people if we fall all the way back to the mid-200s.

Don't feel bad yet, you/I/we haven't won yet. It's all moot until then. 

[philipma1957]

http://btc.blockr.io/charts

10-29-2015    153 blocks + 9
10-30-2015    167 blocks + 23     so +32 blocks
10-31-2015     149 blocks +5         +37
11-01-2015     150 blocks +6         +43
11-02-2015     158 blocks +14       +57
11-03-2015     153 blocks  +9        +66
11-04-2015     157 blocks  +13      +79

we have made 1083 blocks we should have 1004  we are at +7.87%

https://bitcoinwisdom.com/bitcoin/difficulty

Bitcoin Difficulty:   62,253,982,450
Estimated Next Difficulty:   66,888,898,682 (+7.45%)
Adjust time:   After 933 Blocks, About 6.0 days
Hashrate(?):   474,147,645 GH/s
Block Generation Time(?):   
1 block: 9.2 minutes
3 blocks: 27.7 minutes
6 blocks: 55.4 minutes


7.87% vs 7.45%

pretty close 

price at coinbase just past 500 today now it is 425

with 6 days to go it remains to be seen which way we move price wise.

[ezeminer]

http://btc.blockr.io/charts

10-29-2015    153 blocks + 9
10-30-2015    167 blocks + 23     so +32 blocks
10-31-2015     149 blocks +5         +37
11-01-2015     150 blocks +6         +43
11-02-2015     158 blocks +14       +57
11-03-2015     153 blocks  +9        +66
11-04-2015     157 blocks  +13      +79

we have made 1083 blocks we should have 1004  we are at +7.87%

https://bitcoinwisdom.com/bitcoin/difficulty

Bitcoin Difficulty:   62,253,982,450
Estimated Next Difficulty:   66,888,898,682 (+7.45%)
Adjust time:   After 933 Blocks, About 6.0 days
Hashrate(?):   474,147,645 GH/s
Block Generation Time(?):   
1 block: 9.2 minutes
3 blocks: 27.7 minutes
6 blocks: 55.4 minutes


7.87% vs 7.45%

pretty close  

price at coinbase just past 500 today now it is 425

with 6 days to go it remains to be seen which way we move price wise.

I think the slow return to the sub 300s will occur.

But bitcoin is being crazy and will continue being crazy. Like my friend told me, the bitcoin rollercoaster is a fun experience.

[Questor]

Just catching up on the thread, and looking at the total network hashrate dropping currently, certainly an interesting ride!

philipma1957 - congrats on the block, well deserved for all your contributions to the community!

[EternalWingsofGod]

Price is consolidating and stabalizing for a bit or at the very least it stopped the exponential run for a few hours
It looks like mining difficulty did the same and tapered off for a while.

Bitcoin Difficulty: 62,253,982,450
Estimated Next Difficulty: 66,406,112,498 (+6.67%) 
Adjust time: After 888 Blocks, About 5.8 days 

[philipma1957]

Price is consolidating and stabalizing for a bit or at the very least it stopped the exponential run for a few hours
It looks like mining difficulty did the same and tapered off for a while.

Bitcoin Difficulty: 62,253,982,450
Estimated Next Difficulty: 66,406,112,498 (+6.67%) 
Adjust time: After 888 Blocks, About 5.8 days 

well it was under 400 around 387 so this may hold the diff under 7%.

works for me.

[Mikestang]

It's back over $400 again and rising.  I really think (hope) that 400 is the new floor.  We should see some significant network growth if that is the case, but not just attributed to price - cooler north hemisphere temps are certainly contributing to the increase in network hash.

[notlist3d]

It's back over $400 again and rising.  I really think (hope) that 400 is the new floor.  We should see some significant network growth if that is the case, but not just attributed to price - cooler north hemisphere temps are certainly contributing to the increase in network hash.

We just need a steady slow rise now.  To go from 230 to 400 as floor is pretty nice.   I think the slow rise will help build some walls.

When we hit 500 so many auto-sales, and people  selling just was not enough buy walls to support it.  It's still a great increase overall though.

[philipma1957]

It's back over $400 again and rising.  I really think (hope) that 400 is the new floor.  We should see some significant network growth if that is the case, but not just attributed to price - cooler north hemisphere temps are certainly contributing to the increase in network hash.

We just need a steady slow rise now.  To go from 230 to 400 as floor is pretty nice.   I think the slow rise will help build some walls.

When we hit 500 so many auto-sales, and people  selling just was not enough buy walls to support it.  It's still a great increase overall though.

400 as a new floor works for me big time.

sep 4 price to current price

231 to 400 = 1.73 ratio

sep 4 diff to current diff

56.9 bill to 62.2 bill = 1.09 ratio

sept 4 diff to next diff

56.9 bill to 66.5 bill = 1.16 ratio


Have to see if all asic builders try to sell tons of gear.  then price war.  last year sp20 vs s-5  in the price war dragged btc under 200

[philipma1957]

http://btc.blockr.io/charts

10-29-2015    153 blocks + 9
10-30-2015    167 blocks + 23     so +32 blocks
10-31-2015     149 blocks +5         +37
11-01-2015     150 blocks +6         +43
11-02-2015     158 blocks +14       +57
11-03-2015     153 blocks  +9        +66
11-04-2015     157 blocks  +13      +79
11-05-2015     146 blocks  + 2       +81

we have made 1235 blocks we should have 1154  we are at +7.01%

https://bitcoinwisdom.com/bitcoin/difficulty

Bitcoin Difficulty:   62,253,982,450
Estimated Next Difficulty:   66,435,075,608 (+6.72%)
Adjust time:   After 781 Blocks, About 5.1 days
Hashrate(?):   472,636,011 GH/s
Block Generation Time(?):   
1 block: 9.3 minutes
3 blocks: 28.1 minutes
6 blocks: 56.1 minutes


7.01% vs 6.72%

pretty close  

price at coinbase just past 500  now it is 357

with 5 days to go it remains to be seen which way we move price wise. will we just drop right back down to under 300.

Well I sold off enough coins to not have to worry about a price drop. I sold about 15 coins for about 6k or a 400 usd average .

paid off the s-7's . I will just take it in a day at a time for now.

[notlist3d]

Bitwisdom seems to be going down:

Bitcoin Difficulty:    62,253,982,450
Estimated Next Difficulty:    65,381,008,169 (+5.02%)
Adjust time:    After 710 Blocks, About 4.7 days
Hashrate(?):    457,239,254 GH/s

Price around 394 so still pretty good.