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candlesticks
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July 06, 2015, 05:37:59 PM |
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Sigh. You need to go back and read what has been said 10 times already. Doge is merge mined with LTC. There ISN'T a separate network for Doge. You cannot add those two #s together and come up with a hashrate estimate because it's the same hash. It's like using a bucket of water to do dishes and then using the dishwater to water a plant. You didn't have 2x the original amt of water you just used it twice. The reason Scrypt.cc is able to continue taking money from people like you is that you know nothing about mining. And once again the claim is 850 Gh/s not 500. So given that we're dealing with a combined LTC/Doge network of about 1.1 Th/s, 850 Gh/s would be most of it. I'm not sure this is quite clear enough. Is it possible to break it down into a less complex analogy? Probably not, but good luck.  |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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ThePhwner
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July 06, 2015, 05:38:44 PM |
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i thought the site only claimed to have 500 gh to trade with?
Correct. But he claims another 350 Gh/ online for his partners that "contribute to overall pool luck." And I'd be willing to bet that there's more than 500 Gh/s worth of "KHS" being traded in the market. I'm not sure this is quite clear enough. Is it possible to break it down into a less complex analogy? Probably not, but good luck. LOL. We'll see. Someone will find a "creative" way to interpret that, I am sure.  |
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r0b1nuk
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July 06, 2015, 05:42:24 PM |
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17 months this has been going for now
im amazed it hasnt popped yet
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Bitrated user: r0b1nuk.
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MyAdidas
Member
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Activity: 70
Merit: 10
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July 06, 2015, 05:48:46 PM |
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17 months this has been going for now
im amazed it hasnt popped yet
Now there is all signs it could happen if you have followed this close. I can't wait tomorrow when rewards should be back to 100% and if it will not happen, thare are lots of crying and total chaos. |
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r0b1nuk
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July 06, 2015, 05:51:04 PM |
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just running some numbers 1576 btc would buy 263 gh with an average price of 595 sats
make of that what you please
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Bitrated user: r0b1nuk.
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jadefalke
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Activity: 1457
Merit: 1014
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July 06, 2015, 05:54:25 PM |
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just running some numbers 1576 btc would buy 263 gh with an average price of 595 sats
make of that what you please
since a lot of people are trading a lot there, that does not mean too much, but still i nice chunk of BTC. |
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cryptodevil
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Activity: 2170
Merit: 1240
Thread-puller extraordinaire
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July 06, 2015, 06:04:28 PM |
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sigh ....
just been informed about merged mining
Here, let me bring you up to speed with the actual facts: https://bitcointalk.org/index.php?topic=1102560.0There is no room in the entire Scrypt coin network for 850Gh of unknown miners that aren't already accounted for. Mathematical proof is there. They are lying about having 850Gh of Scrypt miners, they are lying about having 500Gh of Scrypt mining, the 500Gh they have already sold to scryptards. Does this sound like the actions of a viable investment scheme? |
WARNING!!! Check your forum URLs carefully and avoid links to phishing sites like 'thebitcointalk' 'bitcointalk.to' and 'BitcointaLLk' |
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r0b1nuk
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July 06, 2015, 06:56:26 PM |
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ah i see!
so im curious every time i try to get a reading of the doge network rate and the ltc network rate they are always different and by a good 250 gh ish give or take, dont hold me to it! but they always read different. ive tried reading from multiple sources
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Bitrated user: r0b1nuk.
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Satoyama
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Merit: 10
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July 06, 2015, 06:58:05 PM |
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r0b1nuk
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July 06, 2015, 07:00:46 PM |
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im not arguing by the way just doing my own research
i should of said i was using wisdom and coin warz to compare
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Bitrated user: r0b1nuk.
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ThePhwner
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July 06, 2015, 08:12:00 PM |
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ah i see!
so im curious every time i try to get a reading of the doge network rate and the ltc network rate they are always different and by a good 250 gh ish give or take, dont hold me to it! but they always read different. ive tried reading from multiple sources
Not all LTC pools merge mine Doge and Doge is merge mined with some non LTC coins. That being said, most of the Doge network hash rate is coming from LTC merge mining as most of the big LTC pools do it. |
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ThePhwner
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July 06, 2015, 08:16:23 PM |
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See this is why we call you "Scryptards." We have been over this point numerous times, with facts. Yes there is over 1 Th/s on LTC. But it does not belong to Marcelo Santos nor does any significant portion of it. Yes there is over 1 Th/s on Doge because it's merge mined with LTC. And again, little to none of this belongs to Marcelo Santos. Cryptodevil has gone through the math and shown that if you take out LTC and look at the remaining top 20 Scrypt coins, the network rates combined are not even 50 Gh/s. Then consider liquidating these coins on the market. Say Marcelo is using 100 Gh/s to mine some shitcoin and mines a whole fucking ton of it. Who in the hell is going to buy it, and at a price that makes it MORE profitable than LTC/Doge merge mining? Children pay attention: YOU CANNOT HIDE 850 Gh/s OF SCRYPT HASH. And really if he has it, it should be a TRIVIAL fucking task to show some block stats from whatever he's mining, yea? EDIT: SYS and VIA are also merge mined so those network hashrates are also largely irrelevant to any claims of "other coins being mined." |
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ThePhwner
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July 06, 2015, 09:45:55 PM |
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Cloudminr claiming to have been hacked also. https://bitcointalk.org/index.php?topic=850784.2720"CLOUDMINR.IO is temporarily down until a new website is made from scratch to avoid any backdoors left by hackers.
Please see bitcointalk.org for our announcement."What? That seems SO UNLIKELY? I mean I just saw they were offering 40% off as part of a promo... there's NO WAY they planned it to get extra BTC deposits then run off... is there? LOL. Obvious ponzi is always obvious. EDIT: Why am I not surprised that their thread is full of the same PQ's that so fervently defend Scam.CC? |
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Tathata
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Activity: 94
Merit: 10
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July 06, 2015, 10:33:56 PM |
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I could also care less if he has what he has claimed to said he has. Just pointing out facts it can be possible numbers don't lie or even exaggerate.
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ThePhwner
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July 06, 2015, 10:53:13 PM |
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I could also care less if he has what he has claimed to said he has. Just pointing out facts it can be possible numbers don't lie or even exaggerate.
You PQ's are hysterical. You're still willing to believe that *somehow* it's possible to have this amount of secret Scrypt hash, and that it pays enough to give you guys payouts and 5% of all your referrals' earnings too. You're not pointing out "facts" or even things that "could be possible." It has been shown to you in factual terms that there is no way Marcelo Santos, or anyone else, is mining with 850 Gh/s or 1 Th/s of Scrypt power than cannot be accounted for on any networks. Unless they are mining a coin only known to them and not sold anywhere, which I think we can agree is probably not happening. Here's an interesting comparison:65 LTCGear users filed a class action against Chris aka Beekeeper. The number of shares in LTCGear held by those 65 users alone works out to 1.307 Th/s: https://litecointalk.org/index.php?topic=26244.msg275023#msg275023which would double the current Litecoin network hashrate if it was real. Let's assume that was the entirety of LTCGear, for the sake of argument. In reality, the true figures are probably exponentially larger than this w/rt to LTCGear shares and represented hashrate. Now do your research: https://bitinfocharts.com/comparison/hashrate-ltc.htmlHas the LTC network ever been 2.5 Th/s? Did the LTC network lose half of its hashrate when Gear stopped paying out? Is this magical multiple Th/s of Scrypt power hiding itself on the same unknown coin networks Marcelo Santos uses? Or is it another example of made up Ponzi bullshit? Fact is, you can't hide a large mining operation, and likewise, you can't claim one exists when network stats and trading volumes say otherwise. |
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Tathata
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Activity: 94
Merit: 10
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July 06, 2015, 11:02:26 PM |
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There is a flip side to the coin always. We just don't know with 100% certainty how scc is doing it. You can believe to have the best hand and clam "ponzi" until all cards are shown we just don't know. So the gamble will continue, that's life. Bet a lot of you would shat yourself if scc finally came out and did a full detail video on the farm. This may be the way scc likes to roll it sure does get noticed when no proof of mining even if in a bad way.
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ThePhwner
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July 06, 2015, 11:21:04 PM |
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There is a flip side to the coin always. We just don't know with 100% certainty how scc is doing it. You can believe to have the best hand and clam "ponzi" until all cards are shown we just don't know. So the gamble will continue, that's life. Bet a lot of you would shat yourself if scc finally came out and did a full detail video on the farm. This may be the way scc likes to roll it sure does get noticed when no proof of mining even if in a bad way.
You're so very oblivious... what farm? Where's the hashrate? A video of some fucking miners doesn't even matter at this point, because he can't prove he's mining anything. I could leave right now, and in 3 hours have a video from a generic data center I could use to "prove mining" to you Scryptards. However, if network rates can't back it up, so what? No mining = no mining. The only reason there's a "flip side to the coin" is because you want or need to believe something that isn't real so you don't feel like the dumb fuckhead you are for investing in this mess. Why not go start a new religion if you want people to ignore fact for faith? You'd make a hell of a lot of money that way too. |
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