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Author Topic: Bitmark  (Read 622155 times)
coinsolidation (OP)
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September 25, 2014, 06:17:36 AM
 #1541

And after that difficulty will be 4 times higher quickly and we will have some buying supports through mining, right?
The price is going up! Is this beginning of a pump? Anyone has any info?

This is not a thread, or currency, for speculation. People mine or purchase when they want to.

Following this thread!

I "met" coinsolidation in another thread and was very impressed by some thoughts he shared.  Purchased just a few BTM before the massive spike, not because I'd done ANY research on the coin, but just because I really liked the way he interacted (more humanoid-like than dev-like).

Since then, I'm trying to catch up, maybe join in on the discussion.  Looking forward to learning more!

Thank you sir, this is a relief to here, as a developer you can often feel like a robot. We look forward to speaking with you more in the future, and hope you will become an avid marker.

Bitmark (reputation+money) : Bitmark v0.9.4 (release)
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tylerderden
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September 25, 2014, 07:14:10 AM
 #1542

coin is looking good guys, congrats
Este Nuno
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amarha


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September 25, 2014, 07:23:20 AM
 #1543


Thank you sir, this is a relief to here, as a developer you can often feel like a robot. We look forward to speaking with you more in the future, and hope you will become an avid marker.

coinsolidation balance

coinsolidation define marking
TheMilkman
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September 25, 2014, 09:42:10 AM
 #1544

What happened to the price?
coinsolidation (OP)
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September 25, 2014, 09:51:06 AM
 #1545

What happened to the price?

It doubled and consolidated every week since launching on an exchange? At the minute we're watching the network 150GH/s now.

I would encourage you to read backwards in the thread a little to follow our thoughts on price-tag and production-cost, their correlation to difficulty, and how those who develop bitmark have little interest in the price-tag, and nothing to gain from it rising or falling.

Bitmark (reputation+money) : Bitmark v0.9.4 (release)
mackj
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September 25, 2014, 09:59:11 AM
Last edit: September 25, 2014, 10:09:19 AM by mackj
 #1546


{
"blocks" : 42602,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 488.32692979,
"errors" : "",
"genproclimit" : -1,
"networkhashps" : 135606478235,
"pooledtx" : 0,
"testnet" : false,
"generate" : false,
"hashespersec" : 0
}



"networkhashps" : 135606478235,  135g    is   it   true?
leathan
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September 25, 2014, 10:01:40 AM
 #1547

Yes. I cant even contemplate it when i look at the target.

~136ghs*

your number is not 1356ghs

count=($(grep -d recurse -Hn "wallet\.dat" / | cut -d":" -f1 | uniq -c |xargs echo | grep -oh -P '(\d+) ')); sum=0; for i in ${count[*]}; do sum=$(($sum+$i)); done; echo $sum; #  soo much crypto?
coinsolidation (OP)
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September 25, 2014, 10:01:58 AM
 #1548

"networkhashps" : 135606478235,  135g    is   it   true?

Yes, the averages over the last 60, 30, and 15 blocks are  131.63GH/s, 138.90GH/s, and 143.66 GH/s respectively.

Bitmark (reputation+money) : Bitmark v0.9.4 (release)
TheMilkman
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September 25, 2014, 10:38:37 AM
 #1549

But it fell from 24k to 17 k.
coinsolidation (OP)
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September 25, 2014, 10:40:17 AM
 #1550

But it fell from 24k to 17 k.

it rose from 5k to 250k, and is now at 170k or 190k. Check the 30 day history.

Bitmark (reputation+money) : Bitmark v0.9.4 (release)
TheMilkman
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September 25, 2014, 11:00:06 AM
 #1551

Of course it had to rise first before it fell. But I am really worried about my investment in this coin. Sold half of the coins. When/if we go below 100 I am selling the rest of them. In how many weeks would you expect the price to go back to 240k?
coinsolidation (OP)
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September 25, 2014, 11:02:01 AM
 #1552

Of course it had to rise first before it fell. But I am really worried about my investment in this coin. Sold half of the coins. When/if we go below 100 I am selling the rest of them. In how many weeks would you expect the price to go back to 240k?

Sorry you are asking in the wrong place, we are developers who make things. Nobody can predict such things.

Bitmark (reputation+money) : Bitmark v0.9.4 (release)
pvnamk19
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September 25, 2014, 11:03:50 AM
 #1553

But it fell from 24k to 17 k.
Selling this time is late, they sold before difficulty shift and can make x4 BTM with this 488 difficulty. Anyway, it can't last long: just next hour and may x4 difficulty again.
Why don't we change difficulty per block?
johndec2
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September 25, 2014, 11:08:44 AM
 #1554

Relax people. All that is happening is that the multipools and whales that mined at the previous diff drop are finally getting their coins. They've had to wait nearly a week and they are dumping for whatever they can get. 
klopper
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September 25, 2014, 11:33:48 AM
 #1555

Of course it had to rise first before it fell. But I am really worried about my investment in this coin. Sold half of the coins. When/if we go below 100 I am selling the rest of them. In how many weeks would you expect the price to go back to 240k?

Sorry you are asking in the wrong place, we are developers who make things. Nobody can predict such things.

THIS! Smiley Thank you. The market will always move in waves. IF you look at little at difficulty, hype etc you can move along with the market.
As an investor/trader you should know this. Don't bug the developers about the price.

IMO coinsolidation is one of the best developers out there, looks like he got everything covered from every angle. Always has a good answer. As an investor, I am not worried! Can't wait to see how bitmark matures! Smiley
Androidicus
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September 25, 2014, 11:44:40 AM
 #1556

Of course it had to rise first before it fell. But I am really worried about my investment in this coin. Sold half of the coins. When/if we go below 100 I am selling the rest of them. In how many weeks would you expect the price to go back to 240k?

Sorry you are asking in the wrong place, we are developers who make things. Nobody can predict such things.

THIS! Smiley Thank you. The market will always move in waves. IF you look at little at difficulty, hype etc you can move along with the market.
As an investor/trader you should know this. Don't bug the developers about the price.

IMO coinsolidation is one of the best developers out there, looks like he got everything covered from every angle. Always has a good answer. As an investor, I am not worried! Can't wait to see how bitmark matures! Smiley

There is a massive difference between those who invest and those seeking short term gain - they both wear completely different spectacles, have polarised perspectives, and speak in such different terms that they struggle to understand each other...

Smiley

Failure is success waiting to happen...
Thomas-s
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September 25, 2014, 11:45:32 AM
 #1557

Of course it had to rise first before it fell. But I am really worried about my investment in this coin. Sold half of the coins. When/if we go below 100 I am selling the rest of them. In how many weeks would you expect the price to go back to 240k?
Buy high, sell low.






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mailmansDOGE
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September 25, 2014, 12:15:11 PM
 #1558

Of course it had to rise first before it fell. But I am really worried about my investment in this coin. Sold half of the coins. When/if we go below 100 I am selling the rest of them. In how many weeks would you expect the price to go back to 240k?
Buy high, sell low.

Best tactic ever. Can confirm.
pvnamk19
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September 25, 2014, 12:43:35 PM
Last edit: September 25, 2014, 01:03:20 PM by pvnamk19
 #1559

The next difficulty will be ~3k  Huh Huh Huh
Edit: just back to 1953
Este Nuno
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amarha


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September 25, 2014, 01:00:16 PM
 #1560

The next difficulty will be ~3k  Huh Huh Huh

No, it can only go up by 4 times. That's not a correct estimate.

edit: Diff: 1953.30771918
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