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Author Topic: [ANN][Main] Bitcore- BTX - Partnership with JAXX and Magnum Wallet!  (Read 661670 times)
gameboy366
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May 18, 2018, 04:33:52 AM
 #17221

One of the BIG reason of the recent price fall :

FPGAs are being used for TimeTravel10 algo. Bitcore is being mined and dumped wholesale. Devs need to do something about this urgently. Prices will recover if devs modify their algo.
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MrCrank
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May 18, 2018, 05:59:39 AM
 #17222

right before the last airdrop there was this (FUDing) guy who predicted the price of btx to crash down to $3 right after the last airdrop.
i laughed about what he predicted and thought what a dumb assumption that was.
but meanwhile i'm afraid that he could be right if i look at the charts the last days and weeks.
the only difference is that it wasn't just right after the last airdrop (whatever time span he meant by "right after").



Well at first I predicted 5 dollars and then said intrinsic value was 3.60 or so... I think I made that call in early March but I assumed that the intrinsic value would be the absolute bottom. That being said, It wasn't really FUD. I used math and some assumptions about how bad the market will be this year. I think this year is definitely similar to 2014 but only time will tell if that remains to be the case. Some of the issues are internal and some are completely out of the team's control and thus external. BTX team can't really do anything about the price of BTC in which BTX is tethered too. The best thing for fixing this will be the BTXM's when they are operational and spreading.  

After a long time you have said something really informative and I must acknowledge this is one of the nice post in this forum.. Well explained in only few sentences... 🤗But regrading price I hope it well set between $23-28

If price will set between $23-28 this will be good for us.
How think when will happen it?
I bought BTX for $20-25.. and hold coins now.
naska21
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May 18, 2018, 06:10:40 AM
 #17223

Why does the price drop so much?

Sheer price manipulation, I think. Bitcoin is barometer to the price and it dropped significantly today just after NY Consensus 2018 opposite to all expectations. Looks like some 3rd division exchanges play unfair game.
HardFireMiner
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May 18, 2018, 06:25:39 AM
 #17224

One of the BIG reason of the recent price fall :

FPGAs are being used for TimeTravel10 algo. Bitcore is being mined and dumped wholesale. Devs need to do something about this urgently. Prices will recover if devs modify their algo.

Can you please be more specific about this? What kind of FPGA are used to mine? About what % of the total hashing power we are talking about here?

My negative trust comes from kenzawak, it was given to me for spreading the word about Bitcoin SV. Do your due diligence before making conclusions.
percy_tc
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May 18, 2018, 06:40:51 AM
 #17225

One of the BIG reason of the recent price fall :

FPGAs are being used for TimeTravel10 algo. Bitcore is being mined and dumped wholesale. Devs need to do something about this urgently. Prices will recover if devs modify their algo.

Can you please be more specific about this? What kind of FPGA are used to mine? About what % of the total hashing power we are talking about here?

I think FPGA's are wont hurt BTXm but here u go:

https://bitcointalk.org/index.php?topic=3459858.0

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btxhodler
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May 18, 2018, 08:28:33 AM
Last edit: May 18, 2018, 08:43:59 AM by btxhodler
 #17226

One of the BIG reason of the recent price fall :

FPGAs are being used for TimeTravel10 algo. Bitcore is being mined and dumped wholesale. Devs need to do something about this urgently. Prices will recover if devs modify their algo.

Can you please be more specific about this? What kind of FPGA are used to mine? About what % of the total hashing power we are talking about here?

I think FPGA's are wont hurt BTXm but here u go:

https://bitcointalk.org/index.php?topic=3459858.0



Yeah, they write these:



Ran through timetravel10 today, looks like with 8 fpgas (one dedicated to each algo) you might be able to get up into 1-10Gh/s. Bitcore definitely needs to do something. A small fpga cluster could 51% them pretty easily.
You've made some interesting optimizations.
***
My naïve reading is:

a) they have 11 algorithms coded
b) only first 10 are used
c) the whole hash is a nesting of always 10 sub-hashes
d) chosen without repetition
e) which gives 10! possibilities
f) the choice of permutation is keyed from the block height
g) not sequentially, but skipping up to 8! permutations

So my naïve implementation (one card dedicated to each sub-hash) would require 10 FPGA cards.

What is your secret ingredient?
Edit: Link to the source code: https://github.com/LIMXTEC/BitCore/blob/master/src/crypto/hashblock.h
***
I was looking at timetravel not timetravel-10. My bad. Hashrate would be the same, but yes, 10 cards would be required.
***
Timetravel10 fits in a single VU13P.  You partition the FPGA into 16 blocks, and store about 14 partial bitstreams for each block.  Then you do a dynamic partial reconfiguration from DDR4 to build the pipeline at the start of each block based on the current algorithm sequence.  Yielding one hash per clock (i.e. 500MH/s @ 500MHz).  You need 16 blocks because some functions like Groestl and Echo require 2 blocks.  The FPGA can reconfigure itself in 0.25 seconds.  The problem with Timetravel and X16R/X16S is the long time it takes to load the DDR4 bitstream table via USB.  And you lose it if there is a power outage and must reprogram the DDR4 on each FPGA.  This where utilizing the PCI bus would be an advantage.
***
Yep this is the big reason chain hashing doesn’t stop FPGAs - partial reconfiguration, the overhead of which can be nearly entirely latency hidden.
(...)
***
I had to watch a really boring "entertainment" program and used that time to edit the above file into a working C++ program. Echo was never used. Due to the peculiar permutation order Blake and Bmw are always fixed at position 0 and 1 respectively, only the remaining 8 positions change. So using the terminology from the whitefire990's post above timetravel10 requires only 9 reconfigurable blocks assuming that only Groestl requires a double block.
***
This is very interesting.  I did some math and there is a very decent chance Bitcore would fit in a VU9P (while for sure it fits in a more expensive VU13P).
rapi
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May 18, 2018, 08:47:40 AM
 #17227

I just admire this company, wish you great success in this team, great company, great road map! I'm sure the company will show great results! I also believe in his success and give you advice! Keep up with the news! Because the project is growing very fast! Having ICO is an amazing result!
btxhodler
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May 18, 2018, 09:01:19 AM
Last edit: May 18, 2018, 09:33:52 AM by btxhodler
 #17228

I think Scrypt algo should be hardcoded as for every 2nd block and for 3rd block some Proof-of-stake algo like PeerCoin does.
And generally include more PoW algos into Timetravel before we get a 51% attack.

so per blocks: random PoW -> Scrypt -> PoS with same block reward but randomly selected miner by coin age and total coin/spent coin ratio.
Dmitry69
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May 18, 2018, 09:05:57 AM
 #17229

is it true that we will be listed on binance?
it's news is fake.
Target price: 0.00038-0.00042 for next week.
... great company, great road map! I'm sure the company ...
ooo yes!
European Central Bank
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May 18, 2018, 10:46:21 AM
 #17230

is it true that we will be listed on binance?

the last price i saw for a listing on there was $7 million plus a bunch more every year for the honor of staying on there. i'll guess the devs ain't too keen to be paying out that much.

the best option is to keep working on it until binance decide they're missing out by not listing it for nothing.
size_m
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May 18, 2018, 11:33:24 AM
 #17231

right before the last airdrop there was this (FUDing) guy who predicted the price of btx to crash down to $3 right after the last airdrop.
i laughed about what he predicted and thought what a dumb assumption that was.
but meanwhile i'm afraid that he could be right if i look at the charts the last days and weeks.
the only difference is that it wasn't just right after the last airdrop (whatever time span he meant by "right after").

Well at first I predicted 5 dollars and then said intrinsic value was 3.60 or so... I think I made that call in early March but I assumed that the intrinsic value would be the absolute bottom. That being said, It wasn't really FUD. I used math and some assumptions about how bad the market will be this year. I think this year is definitely similar to 2014 but only time will tell if that remains to be the case. Some of the issues are internal and some are completely out of the team's control and thus external. BTX team can't really do anything about the price of BTC in which BTX is tethered too. The best thing for fixing this will be the BTXM's when they are operational and spreading.  
no, i wasn't actually talking about you.

i was referring to this guy:

as soon as last airdrop is over, most owners will sell it next day and price will drop to 3 usd. Remember my words
ktru19
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May 18, 2018, 01:01:02 PM
 #17232

hi i made a transfer with minimum fees and tranaction is stuck on 0confirmations for a month now. is there a way to cancel or pay higher i cant seem to click the pay higher fees option. thanks. useless amount as was testing but jjust want to know for future
marco89
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May 18, 2018, 01:06:42 PM
 #17233

hi i made a transfer with minimum fees and tranaction is stuck on 0confirmations for a month now. is there a way to cancel or pay higher i cant seem to click the pay higher fees option. thanks. useless amount as was testing but jjust want to know for future

sure it can not be for BITCORE cause block size is high and no pending transaction...
what you did exactly?
can you send the screen or the transaction id to check?

BTC: 1NCJRUoVo1L1SV4kJDk5e9Ai67ZufEbFnw - BTX: 1GcZ1dG3iHMWZSmuTaFSVDiEFNkpcCSNhq
Aeon: Wmt3g6tACKcF7fgyfdTzQuJsuzF57cMEw1mGvgwZRkBc9DbSvPTd1yxC7GEejJnHEZHGp1XfJuxv22u fCDSDtqQ52FDw8tRaP
ETH: 0x0bD081e1C0447Df1200C430bc89f6fb79395a4C9
ktru19
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May 18, 2018, 01:20:29 PM
 #17234

hi i made a transfer with minimum fees and tranaction is stuck on 0confirmations for a month now. is there a way to cancel or pay higher i cant seem to click the pay higher fees option. thanks. useless amount as was testing but jjust want to know for future

sure it can not be for BITCORE cause block size is high and no pending transaction...
what you did exactly?
can you send the screen or the transaction id to check?

i sent to exchange and it was on 0confirmations for 3weeks. i just looked up on blockexplorer just now have 2 confirmations right away llol guess thats all that was needed haha never bothered with it as was just testing minimum fees speed
Miro1764n
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May 18, 2018, 05:55:17 PM
Last edit: May 18, 2018, 06:12:21 PM by Miro1764n
 #17235

hi i made a transfer with minimum fees and tranaction is stuck on 0confirmations for a month now. is there a way to cancel or pay higher i cant seem to click the pay higher fees option. thanks. useless amount as was testing but jjust want to know for future

sure it can not be for BITCORE cause block size is high and no pending transaction...
what you did exactly?
can you send the screen or the transaction id to check?

i sent to exchange and it was on 0confirmations for 3weeks. i just looked up on blockexplorer just now have 2 confirmations right away llol guess thats all that was needed haha never bothered with it as was just testing minimum fees speed

And what conclusions can we draw?
What amount of btx can you recommend to use as a transaction fee?
I mean, what is the minimum value of btx that i can use as a tx fee if i don't wanna wait for a whole eternity to get my coins?
Tron
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May 18, 2018, 06:06:48 PM
 #17236

And what conclusions can we draw?
What amount of btx can you recommend to use as a transaction fee?
I mean, what is the minimum value of btx that i can use for the tx fee if i don't wanna wait for a whole eternity to get my coins?

I always expose the recommended commission of my Bitcore wallet. Several times I even reduced the commission. But never my transaction was stuck, it always went fine and fast.
F1ak
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May 18, 2018, 06:21:23 PM
 #17237

So the price goes down.
However, the biton comes down and behind it all the altcoins.
Even if we now announce a big exchange this may not have the desired effect.
We need to wait for a higher wave.

Бayнтиcт ceдьмoгo днa...
vnmalireddy
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May 18, 2018, 06:59:00 PM
 #17238

So the price goes down.
However, the biton comes down and behind it all the altcoins.
Even if we now announce a big exchange this may not have the desired effect.
We need to wait for a higher wave.

even when market is down bytecoin value increased almost 50 times once its listed on binance even there devs pumped the value, and had issues with there wallet due to flow of transactions  after been listed in binance, it still able to hold its value thats been pumped, so i hope bitcore may be listed in any top 10 exchanges to get some boosting as it stayed downwards once airdrops finished
Children of Gaia
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May 18, 2018, 07:08:50 PM
 #17239

Bittrex is better cause after it's listing Upbit list same coin.
msshahin
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May 18, 2018, 08:06:45 PM
 #17240

The super big whales are trying to make us frustrated, down, impatient and depressed. But remember one thing sun shines under the black cloud....... When clouds goes away we see sun shines.......!!!! Whatever thing the market might think they just do suddenly opposite.
Untill they can't prevent the big trends, techs and commercial developments they will just ride along. Hopefully there is few schools of thots from the super big whales.....!!!!!! After this our coin price will rise up and we will get back our profit... Till then we should be patient.
..!!!!!!
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