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LeBarton
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February 10, 2014, 07:08:54 AM |
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There is something wrong.
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spartak_t
Legendary
 Offline
Activity: 1960
Merit: 1176
@FAILCommunity
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February 10, 2014, 07:09:47 AM |
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Dump maybe has started..... f***....
No worries, huge buy walls Huge? You are kidding. Just wait a bit... mined coins are billions in a matter of couple of hours... |
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armaan56
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February 10, 2014, 07:10:25 AM |
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Dump maybe has started..... f***....
No worries, huge buy walls Huge? You are kidding. Just wait a bit... mined coins are billions in a matter of couple of hours... True, seeing 180ltc walls going down easily now. |
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spartak_t
Legendary
Offline
Activity: 1960
Merit: 1176
@FAILCommunity
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February 10, 2014, 07:13:34 AM |
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Dump maybe has started..... f***....
No worries, huge buy walls Huge? You are kidding. Just wait a bit... mined coins are billions in a matter of couple of hours... True, seeing 180ltc walls going down easily now. Maybe they are waiting transactions in Cryptsy and after that the price may easily drop to 10 litoshi in minutes.... |
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kidyubyub
Sr. Member
Offline
Activity: 440
Merit: 250
http://taas.fund
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February 10, 2014, 07:15:22 AM |
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Questions guys, because I don't understand what it means: On my transaction page, in the status column I show 2 transactions as orphan. What does that mean to me? And how does it affect those coins?
Thanks in advance.
Orphans blocks are blocks first accepted by the majority of the network, but then rejected when a larger blockchain without the block in it is found. It actually means that this block will not be accepted, and that you will not get the corresponding TIPS... Thank you. Perfectly explained! |
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LeBarton
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February 10, 2014, 07:15:58 AM |
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I can't move my coins from coinedup to cryptsy. All transactions failed
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vaelrock
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February 10, 2014, 07:17:34 AM |
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KGW is not a magical algo, it will not update the diff from 30 to 110 in 1 block or 2, nor in 10 or 20 blocks (and in fact not even in 100 or 200 blocks).
The goal of the algo is to have the closest TIPS mined per day to 1440. So its constantly changing the diff to make it happen, but will not react quickly to sudden hashrate changes.
The diff is currently increasing slowly but surely. This is the typical behavior of the KGW algo.
But the hashrate should drop significantly soon. At current price level and after reward halving, it's not worth mining TIPS instead of DOGE anymore
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tabnk
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February 10, 2014, 07:18:40 AM |
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Let's monitor KGW in few days  |
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mmihai1978
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February 10, 2014, 07:19:05 AM |
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in other coins kgw works differently and diff moves are more aggressive.
they key metric is block time. should be 60 s or close about.
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Nthused
Legendary
Offline
Activity: 1554
Merit: 1001
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February 10, 2014, 07:19:25 AM |
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Hmmmm...... What's stopping a group of individuals from constantly restarting their miners every 10-20 mins or so, with a 5-10 min Break......
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Fargusson
Sr. Member
Offline
Activity: 392
Merit: 250
Mummy! I've got a domain name now! fargusson.eth
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February 10, 2014, 07:20:33 AM |
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KGW is not a magical algo, it will not update the diff from 30 to 110 in 1 block or 2, nor in 10 or 20 blocks (and in fact not even in 100 or 200 blocks).
The goal of the algo is to have the closest TIPS mined per day to 1440. So its constantly changing the diff to make it happen, but will not react quickly to sudden hashrate changes.
The diff is currently increasing slowly but surely. This is the typical behavior of the KGW algo.
But the hashrate should drop significantly soon. At current price level and after reward halving, it's not worth mining TIPS instead of DOGE anymore
+1 |
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vaelrock
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February 10, 2014, 07:25:00 AM |
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Hmmmm...... What's stopping a group of individuals from constantly restarting their miners every 10-20 mins or so, with a 5-10 min Break......
The fact that it's more efficient to switch to other coins. |
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DarkVenu
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February 10, 2014, 08:51:24 AM |
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we need more hashrate power distributed to small pool.
Cmon big update is coming.
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dtquan
Newbie
Offline
Activity: 7
Merit: 0
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February 10, 2014, 09:32:57 AM |
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what would i do now? sell, hold or buy?
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CatKiwi
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February 10, 2014, 09:35:24 AM |
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what would i do now? sell, hold or buy?
Sell. The sheer number of coins being mined right now negates the block halving benefits - for now. Buy back in at 39 or 40. |
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dtquan
Newbie
Offline
Activity: 7
Merit: 0
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February 10, 2014, 09:45:35 AM |
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ok. thank you very much.
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CatKiwi
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February 10, 2014, 09:55:15 AM |
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Also, Dogecoin has absolutely killed it in the last 24 hours. I WISH I followed my gut instinct to sell of my TIPS temporarily for Doge at 51 and buy doge at 163 lol FUCK! >.<
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dtquan
Newbie
Offline
Activity: 7
Merit: 0
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February 10, 2014, 10:04:51 AM |
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no one can know exactly about that. so don't mind, another chance coming up. good luck to you.
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tabnk
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February 10, 2014, 10:12:39 AM |
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TO THE HAT . 0.00002014 LTC should not be hard to reach NOW. |
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CatKiwi
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February 10, 2014, 10:13:11 AM |
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no one can know exactly about that. so don't mind, another chance coming up. good luck to you.
and to you! |
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