DiCE1904
Legendary
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Activity: 1118
Merit: 1002
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May 14, 2015, 01:42:12 PM |
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Sold my 9.7mill Kh, these prices dont work for me. Risk /= reward right now. Ill think about getting back in when the price goes back down to the 300-500 range.
Agreed, I would buy back in 500ish as well. Problem is there are a lot of 1300 bagholders right now that haven't given up yet. I bought a bundle from 1200-1300 that i dumped and just ate the difference. Buy high, sell low, buy back lower. I lost about 10BTC on the difference but it is what it is. Yeah but better to have that coin in your wallet than in theirs not knowing what is happening. Exactly my thought. There is too much bullshit going on right now to have 80BTC just floating around on there, so I took them off the site. Ill be taking a break while they figure out whats going on.
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AizenSou
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May 14, 2015, 01:47:15 PM |
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Sold my 9.7mill Kh, these prices dont work for me. Risk /= reward right now. Ill think about getting back in when the price goes back down to the 300-500 range.
Agreed, I would buy back in 500ish as well. Problem is there are a lot of 1300 bagholders right now that haven't given up yet. I bought a bundle from 1200-1300 that i dumped and just ate the difference. Buy high, sell low, buy back lower. I lost about 10BTC on the difference but it is what it is. Yeah but better to have that coin in your wallet than in theirs not knowing what is happening. Exactly my thought. There is too much bullshit going on right now to have 80BTC just floating around on there, so I took them off the site. Ill be taking a break while they figure out whats going on. It's still great that you're not losing money, bro. I lost about 15 BTC profit too. Now my coin is by my side, not with magical miners which could be turned on/off and transferred to somewhere every time and nobody notices about that.
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DiCE1904
Legendary
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Activity: 1118
Merit: 1002
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May 14, 2015, 01:49:15 PM |
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Glad you didn't loose too much too. At least it was just profit. I did find is suspicious that the miners could be relocated in a day. The LTC hash rate didn't decline as much as it should of during this "off time" too. That raised from red flags for me as-well
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virtual_miner
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May 14, 2015, 02:20:49 PM |
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Hi,
After the events, I want to say;
To recapture profitability which should be :
* KHS Price must be 375-400 ( currently 710-715) * ROI 70-75 Days
if not in the short time I'd also, or awards does not rise up.
No one will stop here --> scrypt.cc
No... 100 - 120 days of ROI will is the best in cloud mining. 70 days of ROI was risky for short term investment. ~200 days of ROI will be normal for this site AFTER 1 ) Site updated for more better design, server etc. Admin told that he will do it. Seems he is good programmer. This is positive. 2 ) Admin showed great effort at last situation. This is positive. 3 ) Now electricity price is PLUG and PAY it. I think this will change in few weeks. I think this is positive also. On the other HAND in next 100 days if new comers come to new site attaraction and lovers buys straight forward auto buy then we will eat Sellers orders ROI can increase to ~150 easly. Which means price increase of 50% with no change. I dont expect ROI to drop 60-70 again with these prices. This time too much buyers come with LOTS of Khs orders. Sellers can easly lost their mining. May be new AISIC's will push prices low but i see no hope of it in 2015. PLUS (+) Top 20 Total KHS investment chaged +254 BTC more in last 24 hours. They think it is good. WHY dont I.
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PDOR figlio di KMER
Newbie
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Activity: 6
Merit: 0
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May 14, 2015, 02:21:37 PM |
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i've to thanks scrypt.cc april/2014 i invested 0.127 bitcoin(mined 2 years ago with a radeon 7770 vaporx), 3 days ago i witdraw 0.5 bitcoin and i got again a bit more than 200.000 khs(i'm in doubt with them) i repaid the video card that i buyied for game/video compression, mining while pc goes for emule/torrent if all go to hell, no pity, if all go well next month an r9 285 or a gtx 960/970 however Current Difficulty 39,268.03226 Next Difficulty Estimate 39,409 (+0.4%) it doesn't make me hope too much i'll try praying all the gods that i know don't invest more that you can afford to lose
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deephouse650
Newbie
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Activity: 25
Merit: 0
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May 14, 2015, 02:34:41 PM |
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Glad you didn't loose too much too. At least it was just profit. I did find is suspicious that the miners could be relocated in a day. The LTC hash rate didn't decline as much as it should of during this "off time" too. That raised from red flags for me as-well
This is where I'm coming from also. We moved our datacenter from Bay Are to PHX in 48 hours, I'm talking about 20 cages, and that's a full fledged operation on both ends, with 6 months planning. Logistics nightmare. Granted, miners are likely preconfigured and plug and play, that's still a ton of legwork. My theory is that these are likely warehouses, not datacenters. If they in fact are mining. My story: Started in Feb 2015, and did a combination of withdraws & reinvesting. I was .9 BTC away from ROI, so on 5/13 I took advantage of selling while the prices were in the 900-925 range to dump 100,000 khs and "break even". What's left in my scrypt account I may just pull also.
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Gultahin
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Activity: 84
Merit: 10
۩۞۩ secondstrade.com ★
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May 14, 2015, 02:43:05 PM |
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If they had the werehouse/datacenter already prepared for reciving those machines it should be fast, they are probably stored in the same city and might as well be close places so i see no problems in that, and about the other one talking about ltc hash rate, i don't think they mine mostly ltc as it's not the most profitable one most of the times, and even if they do 500Ghs would be like that much for scrypt coins hash rate.
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Drumble
Newbie
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Activity: 9
Merit: 0
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May 14, 2015, 02:44:53 PM |
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So any news on when trading will start again?
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deephouse650
Newbie
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Activity: 25
Merit: 0
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May 14, 2015, 02:56:18 PM |
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So any news on when trading will start again?
I was finally able to place a sell order. Looks like chat is disabled.
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koeberle
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Activity: 3
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May 14, 2015, 02:58:36 PM |
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If they had the werehouse/datacenter already prepared for reciving those machines it should be fast, they are probably stored in the same city and might as well be close places
Admin said that the two datacenters are about 300km apart
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ThorSWO
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May 14, 2015, 03:03:03 PM |
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If they had the werehouse/datacenter already prepared for reciving those machines it should be fast, they are probably stored in the same city and might as well be close places
Admin said that the two datacenters are about 300km apart I believe he said 500 km but you have to take into consideration the DC receiving the miners already had the GPU miners there. So it's just a matter of unplugging the old ones and plugging the new ones. The infrastructure already existed, it's not like they built a warehouse in 24 hours.
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Bitcollector
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Activity: 65
Merit: 10
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May 14, 2015, 03:08:17 PM |
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Glad you didn't loose too much too. At least it was just profit. I did find is suspicious that the miners could be relocated in a day. The LTC hash rate didn't decline as much as it should of during this "off time" too. That raised from red flags for me as-well
They're not relocated in a day. He said that today. They're not all back on line. A lot of hashing power is still at DC4. He said that today. They're trying to resolve the power issues but they need the lawyers to work it out.
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unitedminers
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May 14, 2015, 03:28:55 PM |
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In the chat someone said Scrypt.cc is currently mining only with 500 GH/s and further 350 GH/s are not yet mining. He also said if the rest starts mining the reward will only rise from 6 satoshi/KH to 6,5 satoshi/KH. 350 GH/s means 70% more hashing power. Shouldn't the reward rise also by 70% if the rest starts mining?
Any updates on better electricity rates?
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Drumble
Newbie
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Activity: 9
Merit: 0
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May 14, 2015, 04:05:30 PM |
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So any news on when trading will start again?
I was finally able to place a sell order. Looks like chat is disabled. Sold here and withdraw. I have nothing to complain and will be back when things are smoother with the new server.
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Danz0r77
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May 14, 2015, 04:10:41 PM |
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Looks like someone is desperately trying to keep the price high. It's got to fall sometime though.
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SavellM
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May 14, 2015, 04:13:21 PM |
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Looks like someone is desperately trying to keep the price high. It's got to fall sometime though.
How do you know? Or where can you see this?
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Rizla2345
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May 14, 2015, 04:18:55 PM |
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I had been there about three months but out for now. Can´t really complain much, have some profit to show for it. And there was no problem withdrawing. Going to see how it devolops from here and probably go back in if things settle and stabilize.
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Danz0r77
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May 14, 2015, 04:27:26 PM |
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Looks like someone is desperately trying to keep the price high. It's got to fall sometime though.
How do you know? Or where can you see this? I don't know, just the way buy orders keep appearing at stupid high prices. I guess the whales will want to keep the price as high as possible until they've unloaded.
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galdur
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May 14, 2015, 04:45:41 PM |
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Well, according to the rankings the top 20 hold something like 70% of the floating hash trading there. I don´t know whether they need to unload as such but certainly they´re sitting on substantial investments from which they probably want to extract regular earnings. Which requires selling and withdrawing and which of course also requires buying if the price is to hold up. Now that the ROI is up to 115 or so days that may be more of a problem than before. Good luck, g
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deephouse650
Newbie
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Activity: 25
Merit: 0
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May 14, 2015, 04:55:43 PM |
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Glad you didn't loose too much too. At least it was just profit. I did find is suspicious that the miners could be relocated in a day. The LTC hash rate didn't decline as much as it should of during this "off time" too. That raised from red flags for me as-well
They're not relocated in a day. He said that today. They're not all back on line. A lot of hashing power is still at DC4. He said that today. They're trying to resolve the power issues but they need the lawyers to work it out. I see how this could appear to all add up, but at the same time - you can't rule out that this is a complete fabrication. For all we know, his name is not really Marcelo Santos. I'm half IN half OUT at the moment...
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