leptoon
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Activity: 210
Merit: 10
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May 11, 2014, 02:02:03 PM |
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Fair enough but I do speculate and I have made much more then I have lost doing so, And to some degree that is what IPO does well that is why they dont operate like your usualy same old switch pool using coinwarz and such to swith to coins, they mine the best coin with of course short term gain, but if you notice they always get a bunch of screamers and shouters asking why they stay on one coin when a new one just launched and is more profitable. Mining and dumping unless your a whale actually keeps the price low, which is fine because you help clear out all the low sell orders to the people holding, once the POW stage ends on SC and the dumpers are thinned out then watch the buy pressure rise and along with it......the price! this has been the trend I have seen and my 4.3 BTC made on Cinni can speak to that......good luck to everyone
But what if the PoW stage ends and the price drops because all the miners dump their SC? I've seen too many PoS coins lose value on the switch to even consider sticking around until then. Investing into alt coins is asking to be scammed. They're all scam coins, every single one of them. Even the BTC is kinda iffy. I would prefer to put my money into something I know for a fact will only increase in value, such as precious metals. So I mine and sell for BTC, then use the BTC to buy silver.
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saykor
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May 11, 2014, 02:02:21 PM |
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bit maybe someone can help with a question I have had on X11 algo coins. I know IPO is adding some, I think they actually have Badger on a port. BUT I noticed that most X11 algos are only profitable for the first 24 hours of mining then quickly drop, I am aware of the energy savings mining them, BUT is it really worth IPO adding them if most have very little value or mining them is not profitable? I would rather IPO focus on good scrypt coins. anyone know much about X11 values and mining them? for the record I did mine Badger for a short wile did OK but the hash power was much more worth it on a good old scrypt coin
i mine sumercoin in the last 1-2 days and profit was 0.025 btc/mh(scrypt)/day
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saykor
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May 11, 2014, 02:09:45 PM |
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But what if the PoW stage ends and the price drops because all the miners dump their SC? I've seen too many PoS coins lose value on the switch to even consider sticking around until then.
This is because this all coins not have a future. What they will do? Why anyone will need them to buy and keep price rising in POS stage? Only a hope keep this coins that sometime some coin will do something.
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Leesminer
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May 11, 2014, 02:09:58 PM |
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Great, so I'm now convinced that ipominer isn't a scammer. However, there is a price hike on the SC right now and I want to sell!!! Guess I'll just have to be patient. I wouldn't be thinking of selling SC right now, I feel its value is way to low still this price we are seeing 1300-1700 is the floor. I would be looking to sell closer to 4000 hold and wait I don't speculate. I mine and sell whatever is the most profitable coin. I've lost too much money holding scam coins. Fair enough but I do speculate and I have made much more then I have lost doing so, And to some degree that is what IPO does well that is why they dont operate like your usualy same old switch pool using coinwarz and such to swith to coins, they mine the best coin with of course short term gain, but if you notice they always get a bunch of screamers and shouters asking why they stay on one coin when a new one just launched and is more profitable. Mining and dumping unless your a whale actually keeps the price low, which is fine because you help clear out all the low sell orders to the people holding, once the POW stage ends on SC and the dumpers are thinned out then watch the buy pressure rise and along with it......the price! this has been the trend I have seen and my 4.3 BTC made on Cinni can speak to that......good luck to everyone how much MINT price rise in POS stage? From 22 drop to 10 Mint and ECC were both the first coins in my view to pioneer the POS craze, like anything new there is people unsure and sceptical of new things in general. Humans/people do not like change and will fight change. I made an ok profit on mint because those adverse to change panic at the first sign of a sell, those who spent all that time mining to just expect the price to shoot up because it was a new coin/tech got blasted because the price went up....then down.....then up....then down.....thats what these coins do, why because those people with more of a stomach to hold for the people panic selling, and then the people just mining and selling know it will happen and then wait an profit. I am not claiming to be the crypto oracle, I just know I have lost way more profit just mining and selling at the days price then I have holding for a reasonable target price, your free to dump your coins whenever you like, but I would suggest you may get better results on a run of the mill switchpool, IPO does one of the best jobs of speculation along with good old math, and because of that the saying "good things come to those who wait" could not be more true using IPO. by the way......thanks for the cheap SC
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saykor
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May 11, 2014, 02:17:33 PM |
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by the way......thanks for the cheap SC
someone tell me same thing for Asia coin when I sell them on 900.... and the next day it was 200. if tomorrow SC is 500 don't blame me
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Leesminer
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May 11, 2014, 02:17:44 PM |
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Fair enough but I do speculate and I have made much more then I have lost doing so, And to some degree that is what IPO does well that is why they dont operate like your usualy same old switch pool using coinwarz and such to swith to coins, they mine the best coin with of course short term gain, but if you notice they always get a bunch of screamers and shouters asking why they stay on one coin when a new one just launched and is more profitable. Mining and dumping unless your a whale actually keeps the price low, which is fine because you help clear out all the low sell orders to the people holding, once the POW stage ends on SC and the dumpers are thinned out then watch the buy pressure rise and along with it......the price! this has been the trend I have seen and my 4.3 BTC made on Cinni can speak to that......good luck to everyone
But what if the PoW stage ends and the price drops because all the miners dump their SC? I've seen too many PoS coins lose value on the switch to even consider sticking around until then. Investing into alt coins is asking to be scammed. They're all scam coins, every single one of them. Even the BTC is kinda iffy. I would prefer to put my money into something I know for a fact will only increase in value, such as precious metals. So I mine and sell for BTC, then use the BTC to buy silver. I would say you are right in many of your point.....do I think there is a place for 1,000,000 crypto coins? NO not for a second. I think in fact most will die. I do however think BTC has a future, the community is just to big now to let it die, BUT the point here is that we want to accumulate as much BTC as possible mining other coins, I dont have massive hash power but I do well because I guess some luck and I do tend to follow the trends and take some risk. I think what you do is brilliant because no question metals is a good place to invest.....in fact....I think I may have to steal that idea from you LOL
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leptoon
Member
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Activity: 210
Merit: 10
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May 11, 2014, 02:20:32 PM |
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by the way......thanks for the cheap SC
You're very welcome. Good luck with that. Edit: Ah, ninja posting I see... lol Yeah silver and gold are pretty much fool proof. But if you have the money, buy high quality diamonds. They're skyrocketing in value right now.
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Leesminer
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May 11, 2014, 02:26:29 PM |
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by the way......thanks for the cheap SC
someone tell me same thing for Asia coin when I sell them on 900.... and the next day it was 200. if tomorrow SC is 500 don't blame me Lucky for me I sold all my AC when it was 2200..... again its about setting a target price for yourself personally...mine was 2200 on AC. When I saw that...dumped my AC and then 5 days later bang it got slamed.....I mine/buy/sell on what I read what I feel, and I dont let the price action dictate if I hold or sell. I dont get greedy when I see the price rising past my target, and I dont feel bad if it goes way past my target sell. I make my profit and move on, people who see a price going up and say to themseleves "maybe it will go up a bit more" and then wake up the next day to see it drop get stuck holding a bag. key is dont be too greedy that is why I got out on AC at a great place. Got out of WC at a great place, got out of Cinni at an ok place (could have made more on Cinni) but I didn't get greedy. its been working for me and I am gonna stick to it. I see SC going to 4000 my target is 3200-3500 and I am out. good luck again guys/gals...I really hope everyone profits
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Wings1987
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May 11, 2014, 03:11:14 PM |
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Anyone else seeing an issue with reporting? Website shows the pool is finding blocks and the site shows my proper hashrate but I have 0 in unconfirmed. Shows the last block I was paid on was 3 hours ago.
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paniczklos
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May 11, 2014, 03:12:15 PM |
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Guys I was minig SC on your pool for an hour but didn't get any payout (it only showed predicted value per block, but no confirmed or confirmed coins). What's going on ?
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Leesminer
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May 11, 2014, 03:15:03 PM |
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Guys I was minig SC on your pool for an hour but didn't get any payout (it only showed predicted value per block, but no confirmed or confirmed coins). What's going on ?
I wouldn't worry to much guys. Its likely an issue with IPO's back end reporting it coin calculations to the front end (website). This has happened before and they are quick to fix it and all your balances and payouts will follow for the time you have been mining.
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saykor
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May 11, 2014, 03:31:32 PM |
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IPO save us to not sell so cheap coins
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Leesminer
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May 11, 2014, 03:33:37 PM |
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IPO save us to not sell so cheap coins
+1 here here
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Klarisskin
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May 11, 2014, 03:38:24 PM |
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Calm down!
Obviously SC scoring is stuck. This happened before. It may last many hours (pool op is human and sleeps from time to time). Once he is back he will restart scoring, and each and every share will be credited. Nothing will be lost. You will get all your SCs.
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leptoon
Member
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Activity: 210
Merit: 10
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May 11, 2014, 03:38:47 PM |
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IPO save us to not sell so cheap coins
I was thinking the same thing. Calm down!
Obviously SC scoring is stuck. This happened before. It may last many hours (pool op is human and sleeps from time to time). Once he is back he will restart scoring, and each and every share will credited. Nothing will be lost. You will get all your SCs.
This.
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Ilan1
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May 11, 2014, 04:24:52 PM |
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Calm down!
Obviously SC scoring is stuck. This happened before. It may last many hours (pool op is human and sleeps from time to time). Once he is back he will restart scoring, and each and every share will be credited. Nothing will be lost. You will get all your SCs.
+1
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leptoon
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Activity: 210
Merit: 10
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May 11, 2014, 04:40:47 PM |
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I just refreshed the page and my balance is updated. Thanks!
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ipominer (OP)
Legendary
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Activity: 1050
Merit: 1000
Mine the hottest new coins at ipoMiner.com
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May 11, 2014, 05:09:48 PM |
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Sorry about the delayed SC scoring! As some of you correctly surmised, it was just a locked database table on the SC scoring job; it's been fixed now and all SC blocks have accounted for.
(For those of you that aren't familiar with "scoring", it's the process by which the proportional payout for miners is calculated for blocks with 5+ confirmations, turning shares into unconfirmed coins. If the table is locked, it just gets delayed until the table is unlocked and it can be run. It doesn't affect anything related to mining, payout processing, or anything else, and is typically limited to one coin because the tables are separate for each coin.)
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leptoon
Member
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Activity: 210
Merit: 10
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May 11, 2014, 05:46:05 PM |
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Sorry about the delayed SC scoring! As some of you correctly surmised, it was just a locked database table on the SC scoring job; it's been fixed now and all SC blocks have accounted for.
(For those of you that aren't familiar with "scoring", it's the process by which the proportional payout for miners is calculated for blocks with 5+ confirmations, turning shares into unconfirmed coins. If the table is locked, it just gets delayed until the table is unlocked and it can be run. It doesn't affect anything related to mining, payout processing, or anything else, and is typically limited to one coin because the tables are separate for each coin.)
Is there a way to force the table to remain unlocked to prevent this from recurring? It seems to have been an issue in the past. I'm a professional web designer if you could use a hand.
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Emmi-state
Newbie
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Activity: 19
Merit: 0
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May 11, 2014, 05:47:19 PM |
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HOC looks like a good pick. Nice work getting in quick. Some decent buys out there already, maybe a coin that will hold some value.
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