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Author Topic: New diff thread Feb 9 to Feb ? this has a promo for best guess.  (Read 8101 times)
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philipma1957 (OP)
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February 09, 2015, 04:07:40 PM
Last edit: July 15, 2015, 03:38:03 AM by philipma1957
 #1

 

Last thread  we gave info and estimates as we have been doing for months

suchmoon ran a promo for best guess.

I will run the thread and suchmoon will give new promo rules

   Current bitcoinwisdom (+4.97%)


https://bitcoinwisdom.com/bitcoin/difficulty

Bitcoin Difficulty:   44,455,415,962
Estimated Next Difficulty:   46,664,614,328 (+4.97%)
Adjust time:   After 2014 Blocks, About 14.2 days
Hashrate(?):   315,963,417 GH/s
Block Generation Time(?):   
1 block: 10.2 minutes
3 blocks: 30.5 minutes
6 blocks: 1.0 hours
Updated:   11:10 (2.6 minutes ago)







http://www.bitcoincharts.com/

Blocks   342722
Total BTC   13.818M
 
Difficulty   44455415962
Estimated   44401041577 in 2014 blks
 
Network total   316969.411 Thash/s
Blocks/hour   6.43 / 560 s


Here is a new find has day by day block count 144 means 0% goes back to

Jan 1 2009   2538 blocks in 1 day!
July 1 2010   7878 blocks in 1 day!

Aug 18 2014   189 blocks
Aug 19 2014    189 blocks   the highest for all of 2014
Feb    6 2014    171 blocks   the highest for all of 2015




http://btc.blockr.io/charts

Feb 7th 162 blocks
Feb 8th 132 blocks
Feb 9th 164 blocks




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philipma1957 (OP)
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February 09, 2015, 04:07:52 PM
Last edit: February 09, 2015, 04:28:55 PM by philipma1957
 #2

  first suggestion  is  look at the sites  

see estimates.  realize that over the last 7 jumps  -6.14%  to + 8.20%  has been the range.

On Nov 18 2014 we were at 40.3    On Feb 09 2015 we are at 44.4  

   This comes to very close to 1.9% average

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February 09, 2015, 04:11:57 PM
 #3

I am guessing 3% hike...
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February 09, 2015, 04:14:13 PM
 #4

This time round I suspect we'll be much closer to 0.5% so I'll go with that for now  Smiley
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February 09, 2015, 04:20:13 PM
Last edit: February 15, 2015, 06:00:50 AM by suchmoon
 #5

There is a 0.1 BTC prize for the most accurate difficulty guess, no strings attached, just some basic rules - see below.

Nobody won the previous one due to the 1% rule, so the amount has been rolled over and we have a 0.2 BTC payout for this difficulty cycle.

Official deadline is 16:00 (4 PM) UTC February 15th, 2015 extended to 04:00 (4 AM) UTC February 16th, 2015, roughly 40-50% into the cycle. I will accept entries made after the deadline as long as they are posted before I publish the final list of participants - to allow for a grace period in case bitcointalk.org is down.

A guess is a percentage with up to two decimal places (I'll round it if you put more than two) posted here in this thread. No PMs or posts elsewhere or anything else. Must include a "+" or "-" sign. No special "enrollment" wording or format is needed for the bounty - just post like you would normally do, as long as it's clear that you're predicting the next diff change percentage.

To win you must guess within 1 percentage point of the actual change. The guess that is nearest to the actual change wins. If nobody is within 1 percentage point the bounty will roll over to the next cycle.

If you guess multiple times only the last one (not the best one) submitted before the deadline will be counted, i.e. you can revise your bet until the deadline.

To determine the winner I will use the percentage shown by bitcoinwisdom (table at the bottom of the page) after the next adjustment.

Tiebreakers:
1) Your number must be unique. If you would like your guess to be considered for the bounty please review previous guesses and make sure your number is different from all others. I will try to warn if I see duplicates but if a duplicate slips through only the first member who posted that number will be eligible for the bounty.
2) If two winning guesses end up within the same distance of the actual difficulty change the first member who posted his/her guess wins.

To collect the bounty the winner will need to PM me their BTC address and the TX ID will be posted publicly.

Allow up to 2-3 days after the next adjustment for me to pay out, although I should be able to do it much sooner than that.

Edit: A couple of rule changes from the previous thread - grace period in case bitcointalk.org is down, and an additional tiebreaker if the diff ends up in the middle of two guesses.

And here are the funds for the prize for this cycle plus a couple more: https://blockchain.info/address/1Nz1eoPMqBUSRwgQCS5fiocrZk4VDeG6wi

Edit2: spelling errors.
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February 09, 2015, 05:10:01 PM
Last edit: February 09, 2015, 05:22:41 PM by gallery2000
 #6

negative 10.01%


News came out that China will shut all bitcoin mining farms down .

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February 09, 2015, 05:11:53 PM
 #7

Umm my guess +6.00%
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February 09, 2015, 05:15:26 PM
 #8

Thanks suchmoon and philipma!  Last diff change showed us we are a little too much optimistic, lol!  Hard to guess right now, but I'll go with +4.77%.  I'll probably change my guess as we get closer to Feb. 15 though...

Good luck all!

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February 09, 2015, 05:21:24 PM
 #9


See this post on last thread:

https://bitcointalk.org/index.php?topic=938186.msg10347554#msg10347554





Quote from: seriouscoin on February 03, 2015, 11:34:45 AM
Oh HAI,

with your track recording, i'm not surprised at all at your " guesstimate"

In fact, my data shows, whenever philipma predict the difficulty, i will just bet the opposite.

I think you should jump start and predict the next difficulty 18 days from now.




thanks for the vote of confidence.

 okay (- 1.11%)  next jump which runs from feb 10 to feb 25 give or take a day or so.

  I don't mind the smackdown talk mr. seriousC as long as it is not full of crude curses.  



SO I MUST say   (-1.11%)   for this jump.




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February 09, 2015, 05:47:50 PM
 #10

I am pretty sure it will go up +8% or so.

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February 09, 2015, 06:50:08 PM
 #11

I love this thread and promo from suchmoon making it more exciting  Grin

I shall guess +4.55% which like most will probably change nearer to the deadline.
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February 09, 2015, 06:59:01 PM
 #12

My prediction is +4.12%
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February 09, 2015, 08:13:18 PM
 #13

I will guess +3.45%

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February 09, 2015, 10:38:48 PM
 #14

my early guess?

-4.25%

I think it will swing down int he next few days as high difficulty pushes more miners out again

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February 09, 2015, 10:43:00 PM
 #15

my early guess?

-4.25%

I think it will swing down int he next few days as high difficulty pushes more miners out again

yeah could be true.

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February 09, 2015, 11:01:29 PM
 #16

Umm my guess +6.00%

my prediction at the moment is going well Tongue
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February 10, 2015, 05:59:50 AM
Last edit: February 12, 2015, 02:26:03 AM by quakefiend420
 #17

EDIT: increased in a future post...wowza
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February 10, 2015, 02:32:28 PM
 #18


price 216 usd

   Current bitcoinwisdom (+7.01%)


Bitcoin Difficulty:   44,455,415,962
Estimated Next Difficulty:   47,572,335,269 (+7.01%)
Adjust time:   After 1865 Blocks, About 12.7 days
Hashrate(?):   318,271,118 GH/s
Block Generation Time(?):   
1 block: 9.8 minutes
3 blocks: 29.4 minutes
6 blocks: 58.7 minutes
Updated:   9:25 (3.0 minutes ago)







http://www.bitcoincharts.com/


Blocks   342871
Total BTC   13.822M
 
Difficulty   44455415962
Estimated   44618662577 in 1865 blks      >>>>>>>> +0.367%
 
Network total   338232.677 Thash/s
Blocks/hour   6.38 / 565 s







Here is a new find has day by day block count 144 means 0% goes back to




http://btc.blockr.io/charts

Feb 7th 162 blocks
Feb 8th 132 blocks
Feb 9th 164 blocks  >>>>>>>> this is 13%   but the adjustment  came on the 9th so part of this was last adjustment





on feb 10th all of the block will be this adjustment if it is 164 I will be a bit upset.

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February 10, 2015, 07:34:26 PM
 #19

New Prediction.  HOT HOT HOT

- 20%

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February 10, 2015, 07:59:54 PM
 #20

negative 10.01%


News came out that China will shut all bitcoin mining farms down .

ok where did you get this hot news?
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