stereotype
Legendary
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Activity: 1554
Merit: 1000
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January 09, 2014, 02:01:03 PM |
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Did I miss something... what's this sell-off?
cex.io and ghash.io broke Bitcoin. Not really, but that's what the headlines say right now. Hope Gavins bat phone is working. |
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Jren
Newbie
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Activity: 58
Merit: 0
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January 09, 2014, 02:01:55 PM |
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Did I miss something... what's this sell-off?
this is the end. It's all over now. Nothing left but tears and broken dreams |
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spooderman
Legendary
Offline
Activity: 1680
Merit: 1047
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January 09, 2014, 02:02:25 PM |
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Did I miss something... what's this sell-off?
this is the end. It's all over now. Nothing left but tears and broken dreams lol not again! |
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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January 09, 2014, 02:02:48 PM |
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Enjoy your deflating currency.
Are you hoping for 2011 style and a rise once again in the future? |
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wilfried
Sr. Member
Offline
Activity: 288
Merit: 250
ManualMiner
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January 09, 2014, 02:03:26 PM |
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r.i.p. fiat
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medialab101
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January 09, 2014, 02:04:05 PM |
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I give up... I lose at Bitcoin.
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1011
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January 09, 2014, 02:04:27 PM |
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Enjoy your deflating currency.
Are you hoping for 2011 style and a rise once again in the future? I'm hoping for moon. I'm expecting the worst. As always. I just ready myself psychologically. Many people here don't want to do this and prefer to dwell in their delusions until inevitably, they are shattered. That is fine too. |
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justusranvier
Legendary
Offline
Activity: 1400
Merit: 1014
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January 09, 2014, 02:05:01 PM |
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Hope Gavins bat phone is working. It's not really a problem that can be solved in code, by Gavin or anyone else, despite what all the PoS promoters say. |
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magicmexican
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January 09, 2014, 02:06:14 PM |
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42% actually down to 38-39% today so community reacting?
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Ivanhoe
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January 09, 2014, 02:07:47 PM |
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42% actually down to 38-39% today so community reacting?
Apparently yes, good to seen that bitcoin is more then just high returns. |
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1011
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January 09, 2014, 02:08:06 PM |
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42% actually down to 38-39% today so community reacting?
There is a certain degree of randomness to this calculation because it is based on a rolling average of the past X blocks, so you would have to watch longer term. I'm sure a few people moved over, but as long as the underlying conditions that caused this pool to grow so much do not change, it will likely continue to grow once this reddit flurry is over. Basically: If it loses 5-10% now, do you really think this won't happen again? |
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micalith
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January 09, 2014, 02:08:16 PM |
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42% actually down to 38-39% today so community reacting?
that's the start of the community reaction. This price dive might spur on the rest |
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medialab101
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January 09, 2014, 02:09:10 PM |
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pit pat piffy wing wong wang  |
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magicmexican
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January 09, 2014, 02:10:17 PM |
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I see the beautiful double bottom and "W" forming  |
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optimi
Newbie
Offline
Activity: 51
Merit: 0
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January 09, 2014, 02:10:32 PM |
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There is a certain degree of randomness to this calculation because it is based on a rolling average of the past X blocks,
This could also be the reason it peaked to 42 % in the first place. |
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Hypnoise
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January 09, 2014, 02:10:38 PM |
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Is GHash.IO primarily independent miners pointing their hashpower this way, or is mostly internal to GHash (e.g., hardware at cex.io, etc)?
both Hmm, I understand GHash does merged mining with alt coins and is thus more appealing to some miners. But I wonder why more aren't moving to Elegius or another smaller pool giving the current situation and potential (temporary) loss of confidence should something "funny" happen. Is this a "tragedy of the commons" or is it a case of "meh, whatever"? it also has 0% commission and it is private |
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humanitee
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January 09, 2014, 02:11:24 PM |
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I see the beautiful double bottom and "W" forming I still see a dinosaur. Everything must be ok then!  |
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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January 09, 2014, 02:11:43 PM |
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Enjoy your deflating currency.
Are you hoping for 2011 style and a rise once again in the future? I'm hoping for moon. I'm expecting the worst. As always. I just ready myself psychologically. Many people here don't want to do this and prefer to dwell in their delusions until inevitably, they are shattered. That is fine too. Yeah, it is smart to be able to switch on a dime as needed. I love the full bull moon, but will head back into my bear cave when the market calls for it. If 2011-2012 happened again it would annoy me as it was a painful drawn out process, but I also loaded up on btc because of it. |
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1011
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January 09, 2014, 02:12:00 PM |
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There is a certain degree of randomness to this calculation because it is based on a rolling average of the past X blocks,
This could also be the reason it peaked to 42 % in the first place. True, could have been a statistical anomaly. Are there any graphs of this with a longer "rolling average" that is less susceptible to change by the most recent blocks? edit: Nameless, I know you're one of the few people here who, like me, won't sacrifice money for ideology or wants.  |
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