youngwebs
Legendary
Offline
Activity: 1080
Merit: 1055
DEV of DeepOnion community pool
|
|
May 20, 2014, 04:49:56 PM |
|
Official Sync multipool needs SYNC, and will place buy order, not buying SELL orders! Other multi-pools will need BTC fast, and will sell against buy price to have fast BTC in hand.. This is the reason we have slow payouts, we want to give you the best payouts possible! Your SYNC multipool will prevent price drops due to this methods! http://multipoolmining.com, the right way to mine sync!
|
|
|
|
DRPD
Legendary
Offline
Activity: 1148
Merit: 1001
|
|
May 20, 2014, 04:52:51 PM |
|
Official Sync multipool needs SYNC, and will place buy order, not buying SELL orders! Other multi-pools will need BTC fast, and will sell against buy price to have fast BTC in hand.. This is the reason we have slow payouts, we want to give you the best payouts possible! Your SYNC multipool will prevent price drops due to this methods! http://multipoolmining.com, the right way to mine sync! can you give an eta for x11?
|
|
|
|
ando0022
Member
Offline
Activity: 98
Merit: 10
|
|
May 20, 2014, 04:56:39 PM |
|
Official Sync multipool needs SYNC, and will place buy order, not buying SELL orders! Other multi-pools will need BTC fast, and will sell against buy price to have fast BTC in hand.. This is the reason we have slow payouts, we want to give you the best payouts possible! Your SYNC multipool will prevent price drops due to this methods! http://multipoolmining.com, the right way to mine sync! PERFECT !!!
|
|
|
|
MsCollec (OP)
Legendary
Offline
Activity: 1400
Merit: 1000
|
|
May 20, 2014, 05:02:10 PM |
|
Official Sync multipool needs SYNC, and will place buy order, not buying SELL orders! Other multi-pools will need BTC fast, and will sell against buy price to have fast BTC in hand.. This is the reason we have slow payouts, we want to give you the best payouts possible! Your SYNC multipool will prevent price drops due to this methods! http://multipoolmining.com, the right way to mine sync! PERFECT !!! We need more hash at the Sync multi-pool and we could eventually turn the table around. Other multi-pool will mine SYNC with high difficulty and dump on Sync multi-pool
|
|
|
|
coa032
|
|
May 20, 2014, 05:04:18 PM |
|
super cheap at bittrex atm... got some for 0.334 hope this was a good buy I ve made a mistake and bought .5 SYNC for .65 BTC per SYNC few days ago..I hope that price will rise again after pow phase.
|
|
|
|
DRPD
Legendary
Offline
Activity: 1148
Merit: 1001
|
|
May 20, 2014, 05:07:04 PM |
|
Official Sync multipool needs SYNC, and will place buy order, not buying SELL orders! Other multi-pools will need BTC fast, and will sell against buy price to have fast BTC in hand.. This is the reason we have slow payouts, we want to give you the best payouts possible! Your SYNC multipool will prevent price drops due to this methods! http://multipoolmining.com, the right way to mine sync! PERFECT !!! We need more hash at the Sync multi-pool and we could eventually turn the table around. Other multi-pool will mine SYNC with high difficulty and dump on Sync multi-pool throwing my 30 mh/s at multipool as soon as x11 is possible (already to hot in my office for scrypt mining)
|
|
|
|
raskul
|
|
May 20, 2014, 05:07:32 PM |
|
Official Sync multipool needs SYNC, and will place buy order, not buying SELL orders! Other multi-pools will need BTC fast, and will sell against buy price to have fast BTC in hand.. This is the reason we have slow payouts, we want to give you the best payouts possible! Your SYNC multipool will prevent price drops due to this methods! http://multipoolmining.com, the right way to mine sync! PERFECT !!! We need more hash at the Sync multi-pool and we could eventually turn the table around. Other multi-pool will mine SYNC with high difficulty and dump on Sync multi-pool throwing my 30 mh/s at multipool as soon as x11 is possible (already to hot in my office for scrypt mining) i'll have all my rentals on it
|
tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
|
|
|
magpr
Legendary
Offline
Activity: 1190
Merit: 1006
|
|
May 20, 2014, 05:07:42 PM |
|
Official Sync multipool needs SYNC, and will place buy order, not buying SELL orders! Other multi-pools will need BTC fast, and will sell against buy price to have fast BTC in hand.. This is the reason we have slow payouts, we want to give you the best payouts possible! Your SYNC multipool will prevent price drops due to this methods! http://multipoolmining.com, the right way to mine sync! PERFECT !!! We need more hash at the Sync multi-pool and we could eventually turn the table around. Other multi-pool will mine SYNC with high difficulty and dump on Sync multi-pool Excellent strategy for price support!
|
|
|
|
DRPD
Legendary
Offline
Activity: 1148
Merit: 1001
|
|
May 20, 2014, 05:10:38 PM |
|
super cheap at bittrex atm... got some for 0.334 hope this was a good buy I ve made a mistake and bought .5 SYNC for .65 BTC per SYNC few days ago..I hope that price will rise again after pow phase. dont worry, bought some at 0.5 btc too. i expect a good gain in a few weeks. however will try to buy some more atm ...
|
|
|
|
raskul
|
|
May 20, 2014, 05:12:38 PM |
|
super cheap at bittrex atm... got some for 0.334 hope this was a good buy I ve made a mistake and bought .5 SYNC for .65 BTC per SYNC few days ago..I hope that price will rise again after pow phase. dont worry, bought some at 0.5 btc too. i expect a good gain in a few weeks. however will try to buy some more atm ... i've been buying all the way down from 0.9 i've got no worries about the investment i've made.
|
tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
|
|
|
Amph
Legendary
Offline
Activity: 3248
Merit: 1070
|
|
May 20, 2014, 05:23:45 PM |
|
a simple calculation..
multipool usually pays ~0.0035/Mh/Day the official multipool has around 150Mh that will be 0.525BTC which can buy out all sell order in bittrex(it doesn't show all) or buy up to 0.57 at poloniex..... buy while it still cheap after the multipool start to buy, the price should be stand above 0.5 easily which is a 25% up from the current price(0.4)
why buying sell orders ? set a buy order at actual Price and wait for other multipool dumps to fill it. the difference between actual buy and sell orders are sometimes more as 10% so why help sellers to make Money ? this is usually good when the coin is dead or not so alive, if the coin has a lot of interest it is better to buy directly the wall
|
|
|
|
kindofasaint
|
|
May 20, 2014, 05:23:51 PM |
|
I bought 1.5sync @ .7 and this is the first time I haven't panic sold. I'm just trying to figure out how to get some more "money I can afford to lose" to buy up some more SYNC now in the 30s, I want to be in the top 20 on the rich list
|
|
|
|
deephouse
|
|
May 20, 2014, 05:25:06 PM |
|
Thanks for the explanation guys regarding POW and POS... So with POS you have to hold those coins and you'll get some interest % on them. (More coins you have, more you earn).
How does the interest gets accumulated on the coin and at what rate?
|
|
|
|
johntseng
Member
Offline
Activity: 84
Merit: 10
|
|
May 20, 2014, 05:26:28 PM |
|
a simple calculation..
multipool usually pays ~0.0035/Mh/Day the official multipool has around 150Mh that will be 0.525BTC which can buy out all sell order in bittrex(it doesn't show all) or buy up to 0.57 at poloniex..... buy while it still cheap after the multipool start to buy, the price should be stand above 0.5 easily which is a 25% up from the current price(0.4)
why buying sell orders ? set a buy order at actual Price and wait for other multipool dumps to fill it. the difference between actual buy and sell orders are sometimes more as 10% so why help sellers to make Money ? this is usually good when the coin is dead or not so alive, if the coin has a lot of interest it is better to buy directly the wall exactly. eg. BC at 6000, if you try to queue, you may miss the pump to 90000.
|
Nanolite : KStrzPctAn8Qr1QppWDMwhqdG9rzmtQNWV
|
|
|
raskul
|
|
May 20, 2014, 05:27:44 PM |
|
a simple calculation..
multipool usually pays ~0.0035/Mh/Day the official multipool has around 150Mh that will be 0.525BTC which can buy out all sell order in bittrex(it doesn't show all) or buy up to 0.57 at poloniex..... buy while it still cheap after the multipool start to buy, the price should be stand above 0.5 easily which is a 25% up from the current price(0.4)
why buying sell orders ? set a buy order at actual Price and wait for other multipool dumps to fill it. the difference between actual buy and sell orders are sometimes more as 10% so why help sellers to make Money ? this is usually good when the coin is dead or not so alive, if the coin has a lot of interest it is better to buy directly the wall i agree, and also our multi would be better off buying up the sell wall, the entire reason people are mining this multi is because they want SYNC. they don't want to 'gamble' for SYNC, they want to obtain SYNC. I don't think it's a good idea for our multi to be putting buy orders in, this could so easily backfire.
|
tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
|
|
|
Kreativekrypto
|
|
May 20, 2014, 05:30:18 PM |
|
Or maybe to be effective the Sync multipool could cover both ends of the spread, both buy up sell's and place buy orders, this could lead to a "best of both worlds" scenario. What does the rest of the community think about that strategy?
|
|
|
|
ando0022
Member
Offline
Activity: 98
Merit: 10
|
|
May 20, 2014, 05:34:45 PM |
|
a simple calculation..
multipool usually pays ~0.0035/Mh/Day the official multipool has around 150Mh that will be 0.525BTC which can buy out all sell order in bittrex(it doesn't show all) or buy up to 0.57 at poloniex..... buy while it still cheap after the multipool start to buy, the price should be stand above 0.5 easily which is a 25% up from the current price(0.4)
why buying sell orders ? set a buy order at actual Price and wait for other multipool dumps to fill it. the difference between actual buy and sell orders are sometimes more as 10% so why help sellers to make Money ? this is usually good when the coin is dead or not so alive, if the coin has a lot of interest it is better to buy directly the wall i agree, and also our multi would be better off buying up the sell wall, the entire reason people are mining this multi is because they want SYNC. they don't want to 'gamble' for SYNC, they want to obtain SYNC. I don't think it's a good idea for our multi to be putting buy orders in, this could so easily backfire. maybe this could be the way if mining is over, but actual you see the multipools (screenshot from another user some sites ago) mining sync and sell them (Price Charts and orderbook say the same). so why dont use that ?
|
|
|
|
raskul
|
|
May 20, 2014, 05:38:38 PM |
|
a simple calculation..
multipool usually pays ~0.0035/Mh/Day the official multipool has around 150Mh that will be 0.525BTC which can buy out all sell order in bittrex(it doesn't show all) or buy up to 0.57 at poloniex..... buy while it still cheap after the multipool start to buy, the price should be stand above 0.5 easily which is a 25% up from the current price(0.4)
why buying sell orders ? set a buy order at actual Price and wait for other multipool dumps to fill it. the difference between actual buy and sell orders are sometimes more as 10% so why help sellers to make Money ? this is usually good when the coin is dead or not so alive, if the coin has a lot of interest it is better to buy directly the wall i agree, and also our multi would be better off buying up the sell wall, the entire reason people are mining this multi is because they want SYNC. they don't want to 'gamble' for SYNC, they want to obtain SYNC. I don't think it's a good idea for our multi to be putting buy orders in, this could so easily backfire. maybe this could be the way if mining is over, but actual you see the multipools (screenshot from another user some sites ago) mining sync and sell them (Price Charts and orderbook say the same). so why dont use that ? because relying on buy orders is going to lengthen both the time it takes for miners to receive their SYNC and also the time it takes to push up the price. buying directly on the sell wall will ensure cheap SYNC for a good duration (combatting the other multi's) and then after PoW, it will continue pushing up the price. Otherwise, all you are doing is servicing the other multi's, and not directly competing with them.
|
tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
|
|
|
MsCollec (OP)
Legendary
Offline
Activity: 1400
Merit: 1000
|
|
May 20, 2014, 05:47:09 PM |
|
I really like the community it seems majority of the buyers are long term investors which gives me confident that the price will go back up after the PoW.
I think if the multi-pool can focus on newly launched X11 coins that have short PoW and then sell the coins for BTC after they get add to exchange. It might not be ideal for people that depends on mining revenue.
|
|
|
|
raskul
|
|
May 20, 2014, 05:50:39 PM |
|
I really like the community it seems majority of the buyers are long term investors which gives me confident that the price will go back up after the PoW.
I think if the multi-pool can focus on newly launched X11 coins that have short PoW and then sell the coins for BTC after they get add to exchange. It might not be ideal for people that depends on mining revenue.
i think our multi should do exactly as the other multi's do, mine - sell and buy SYNC immediately. this is the only way all of our multi miners will get a fair deal. By staggering the buy orders you are going to get a set of miners getting SYNC at one price, while the next set of miners will have to wait longer to get their SYNC at another price. I don't think that's fair. To make it fair across the board, instant sell, instant buy from the sell walls, should be implemented. I'm actually pondering leaving my X11's on the direct mining during PoW because of this, i'd rather know/control the amount of SYNC i earn, or at the very least - know that all my mining is buying up SYNC as it mines.
|
tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
|
|
|
|