Jcga
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Activity: 2590
Merit: 1089
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September 19, 2014, 06:42:20 PM |
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End of the Game, it seems like it.
There are btc big farms dropping huge amount of btc and only few people buy, so price go down.
It doesn't matter if there are large mining farms or just one slow miner, the same amount of BTC is produced. Yes you are right, same amount of Btc produced, but if some big actors in farming sell huge amounts of btc this affect the market, a lot more yjen individuals miners, we spend, we hold, we buy other currencies... they sell for business reasons.
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00pmac00
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Activity: 59
Merit: 0
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September 19, 2014, 06:44:18 PM |
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End of the Game, it seems like it.
There are btc big farms dropping huge amount of btc and only few people buy, so price go down.
It doesn't matter if there are large mining farms or just one slow miner, the same amount of BTC is produced. I believe he is saying that some large farms are dumping their mined earnings selling off their BTC therefore, dropping the price as "supply" is more than the "demand", making some of them drop their prices further to cash in/get whatever they can before it drops too much ("too much" can only be determined by the individual/company selling off)
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Jcga
Legendary
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Activity: 2590
Merit: 1089
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September 19, 2014, 06:52:31 PM |
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End of the Game, it seems like it.
There are btc big farms dropping huge amount of btc and only few people buy, so price go down.
It doesn't matter if there are large mining farms or just one slow miner, the same amount of BTC is produced. I believe he is saying that some large farms are dumping their mined earnings selling off their BTC therefore, dropping the price as "supply" is more than the "demand", making some of them drop their prices further to cash in/get whatever they can before it drops too much ("too much" can only be determined by the individual/company selling off) Yes 00pmac00, large fams large electricity bills too. Would you spend today 500.000€ in Btc?
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00pmac00
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September 19, 2014, 06:55:29 PM |
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Personally, no not yet ...I think you are asking if I would invest 500Euro on BTC at todays prices? So to that, no not yet, but thats just me
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Billbags
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Activity: 280
Merit: 250
Brainwashed this way
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September 19, 2014, 07:22:43 PM Last edit: September 19, 2014, 07:54:19 PM by Billbags |
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@Jcga
You need to find Slush over where you are at in France and tell him to get us some blocks solving. Tell him 10 Blocks a day and we will all by 2 Trezor's from his store.
Yes they are my next door neighbors, cool guyz, they gave me a Trezor Safe wallet and i can fill it with fresh btcs at their Pool, Slush i bet guys never heard about it which is fine lol Billbags, I did not know there was a relation between Trezor and Slush's pool? Those 2 cool guys on the video don't sound like they are from France at all. http://vimeo.com/66263948They are not originally from France, they just live and operate the pool there now. He is from I assumed CZ(Prague?), but I could be wrong. I'll look it up and get back to you. EDIT: I BELIEVE THIS TO BE CORRECT. https://bitcointalk.org/index.php?topic=122438.0
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Jcga
Legendary
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Activity: 2590
Merit: 1089
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September 19, 2014, 08:24:23 PM |
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@Jcga
You need to find Slush over where you are at in France and tell him to get us some blocks solving. Tell him 10 Blocks a day and we will all by 2 Trezor's from his store.
Yes they are my next door neighbors, cool guyz, they gave me a Trezor Safe wallet and i can fill it with fresh btcs at their Pool, Slush i bet guys never heard about it which is fine lol Billbags, I did not know there was a relation between Trezor and Slush's pool? Those 2 cool guys on the video don't sound like they are from France at all. http://vimeo.com/66263948They are not originally from France, they just live and operate the pool there now. He is from I assumed CZ(Prague?), but I could be wrong. I'll look it up and get back to you. EDIT: I BELIEVE THIS TO BE CORRECT. https://bitcointalk.org/index.php?topic=122438.0Great thx for this info Billbags  Have a look at the photo of the Trezor with this msg : I <3 Prague http://satoshilabs.com/trezor/.cz = République tchèque If you do a Whois on "mining.bitcoin.cz" you get a tchek Czech adress. I wonder what "french" is Slush lol Only the location of the server. Do they give away few Trezor Safe Wallets to nice miner like me and BillBags...
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bspurloc
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September 19, 2014, 09:30:32 PM |
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omg invalid 22817
now what OMG OMG!
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wasikidding
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September 19, 2014, 09:45:58 PM |
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omg invalid 22817
now what OMG OMG!
lol how far back is that block 13 months? 
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BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
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mr.methane
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Activity: 5
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September 19, 2014, 09:49:13 PM |
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22817 2014-09-19 18:06:18 7:23:52 41759514350 50368 0.00003063 321549 25.08092204 69 confirmations left
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mr.methane
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Activity: 5
Merit: 0
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September 19, 2014, 09:55:45 PM |
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Block #321549 Summary Number Of Transactions 580 Output Total 3,201.96096946 BTC Estimated Transaction Volume 1,375.72097133 BTC Transaction Fees 0.08092204 BTC Height 321549 (Main Chain) Timestamp 2014-09-19 18:05:50 Received Time 2014-09-19 18:05:50 Relayed By Slush Difficulty 29829733124.04 Bits 405068777 Size 271.4384765625 KB Version 2 Nonce 1932418626 Block Reward 25 BTC
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wasikidding
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September 19, 2014, 10:15:30 PM |
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22817 2014-09-19 18:06:18 7:23:52 41759514350 50368 0.00003063 321549 25.08092204 69 confirmations left
yeah sorry thought he was ref. block # not slush # 
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BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
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Jcga
Legendary
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Activity: 2590
Merit: 1089
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September 19, 2014, 10:39:29 PM |
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I've got this msg from Slush
"You have reached the maximum attempt to... your Ip can be blacklisted" when i want to have a look at statistics page, or refresh it.
What did i do wrong^^
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Billbags
Sr. Member
  
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Activity: 280
Merit: 250
Brainwashed this way
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September 19, 2014, 10:55:18 PM Last edit: September 20, 2014, 12:40:58 AM by Billbags |
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^ I'm not sure but I would log completely out of Slushs site for 15 minutes, unplug your modem, plug modem back in and then log back in and see what happens. Check your computer and make sure there isn't anything running in the background that you are not aware of. It sounds like an IP address conflict.
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vipgelsi
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Activity: 1736
Merit: 1001
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September 19, 2014, 10:58:49 PM |
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I'm not sure but I would log completely out of Slushs site for an hour and then log back in and see what happens.
That should do the trick this happened to me before.
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bspurloc
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September 20, 2014, 05:54:40 AM |
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Block #321549 Summary Number Of Transactions 580 Output Total 3,201.96096946 BTC Estimated Transaction Volume 1,375.72097133 BTC Transaction Fees 0.08092204 BTC Height 321549 (Main Chain) Timestamp 2014-09-19 18:05:50 Received Time 2014-09-19 18:05:50 Relayed By Slush Difficulty 29829733124.04 Bits 405068777 Size 271.4384765625 KB Version 2 Nonce 1932418626 Block Reward 25 BTC
Very odd it was showing as orphaned when I checked it. ALTHOUGH it was really showing as NOT FOUND in blockchain. maybe it was behind and finally caught up!
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TvaiX
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Activity: 23
Merit: 0
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September 20, 2014, 07:07:55 AM |
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Reward size is back and block solving duration is ok. Slush is the best! 
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armstrong4140
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Activity: 17
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September 20, 2014, 07:29:12 AM |
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I've got seven antminers that have been running great for hours. Now suddenly LOTS of rejects? Any Ideas or anyone else seeing this?
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Billbags
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Activity: 280
Merit: 250
Brainwashed this way
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September 20, 2014, 07:35:31 AM |
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What's your hashrate look like?
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armstrong4140
Newbie
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Activity: 17
Merit: 0
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September 20, 2014, 07:44:20 AM |
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It's showing about a 30% drop in the reported hashrate. Maybe my internet connection? I'm in the states. (tried a reboot on all machines) The estimated reward for the round has dropped about 33% as well. EDIT: everything's back to normal. NVM
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Billbags
Sr. Member
  
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Activity: 280
Merit: 250
Brainwashed this way
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September 20, 2014, 08:08:18 AM |
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My miners do that every so often. The s3's will drop from 443ghs to 419ghs and the rk-boxes will drop from 480ghs to 440ghs for a few hours then be fine for a few days. I used to reset them but I just let them do their thing now and it's all good.
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