Bitcoin prediction when MtGox opens again tonight

**Dirty F** · 04-11-2013, 06:52 PM

Originally posted by dyna mo

word around the mining rig is they're a bunch of embecile retard idiot morons.

Wait, so first losing 100 off bitcoins value because of your shitty ass servers and then another 50 because of shutting everything down isn't the right way to do things?

**dyna mo** · 04-11-2013, 06:54 PM

Originally posted by NiXXiN

you know, us bitcoin guys could create our own mining pool site and have people join and mine for us, then we can skim a certain % of profits.

can i contact you about this?

**EddyTheDog** · 04-11-2013, 06:55 PM

Originally posted by dyna mo

word around the mining rig is they're a bunch of embecile retard idiot morons.

If BC fails because MtGoX didn't know how to run a network it would be the biggest irony ever...

**Dirty F** · 04-11-2013, 06:55 PM

Ya we should have our own pool.
I have no clue how that works though.

**NiXXiN** · 04-11-2013, 06:55 PM

Originally posted by Dirty F

Wait, so first losing 100 off bitcoins value because of your shitty ass servers and then another 50 because of shutting everything down isn't the right way to do things?

cant believe mtgox is going to start doing litecoins when it cant even handle btc, i also heard they are moving location from japan to california, well thats a sure fire way for the good old us of a to fuck it over with laws.

**dyna mo** · 04-11-2013, 06:55 PM

Originally posted by Dirty F

Wait, so first losing 100 off bitcoins value because of your shitty ass servers and then another 50 because of shutting everything down isn't the right way to do things?

translated to cold hard ducats, that's $1.5 billion wiped.

**Dirty F** · 04-11-2013, 06:56 PM

Originally posted by EddyTheDog

If BC fails because MtGoX didn't know how to run a network it would be the biggest irony ever...

It would be the most stupid thing ever.

I'm happy to see though that it looks like people realize what the problem is. And that is not the coin itself.

**NiXXiN** · 04-11-2013, 06:56 PM

Originally posted by dyna mo

can i contact you about this?

sure whats your email? im on irc if u have that.

**dyna mo** · 04-11-2013, 06:56 PM

Originally posted by Dirty F

Ya we should have our own pool.
I have no clue how that works though.

yes, you do in fact.

**Dirty F** · 04-11-2013, 06:57 PM

Originally posted by dyna mo

translated to cold hard ducats, that's $1.5 billion wiped.

Haha fuck me...yeah didn't even think of that.

That's insane.

Their crappy servers/service caused 1.5 billion in damage in 2 days.

**Dirty F** · 04-11-2013, 06:58 PM

Originally posted by dyna mo

yes, you do in fact.

Orly? I didn't realize that. Tell me more?

**Dirty F** · 04-11-2013, 06:58 PM

Yay, the lag is almost gone...that will improve things. Trading in real time works better you know

It hit 140 a few minutes ago...we didn't see it because of the lag.

**NiXXiN** · 04-11-2013, 07:00 PM

Originally posted by Dirty F

Yay, the lag is almost gone...that will improve things. Trading in real time works better you know

It hit 140 a few minutes ago...we didn't see it because of the lag.

yay for stability....whatevers left of it.

**Dirty F** · 04-11-2013, 07:04 PM

Ok, back to bed for a few hours...

**dyna mo** · 04-11-2013, 07:07 PM

please holler at me

scottsharpephotos

at

gmail

com

**EddyTheDog** · 04-11-2013, 07:08 PM

Originally posted by Dirty F

Ok, back to bed for a few hours...

Some big trades going through - Are you sure you want to sleep?

**Dirty F** · 04-11-2013, 07:34 PM

Here we go again. While bitcoin was rising mtgox went down.
This in insane.
How many chances are they gonna fuck up?

**NiXXiN** · 04-11-2013, 07:56 PM

looks like i might have landed a contract with a pretty big bitcoin exchange to make them a mobile app. i dont think i want to be paid in bitcoins though. lol

**NiXXiN** · 04-11-2013, 07:59 PM

http://arstechnica.com/business/2013...tives-markets/

**anexsia** · 04-11-2013, 08:04 PM

MtGox.com ‏@MtGox 2m

We are experiencing a stronger than usual DDoS. We are working in it.

**NiXXiN** · 04-11-2013, 08:05 PM

btw MtGox.com ‏@MtGox 4m
We are experiencing a stronger than usual DDoS. We are working in it.

**NiXXiN** · 04-11-2013, 08:19 PM

this is one fucking huge ddos, i wonder what locations it is getting hit from?

**d-null** · 04-11-2013, 08:23 PM

Originally posted by Dirty F

Yay, the lag is almost gone...that will improve things. Trading in real time works better you know

It hit 140 a few minutes ago...we didn't see it because of the lag.

this is all strange, because I am seeing current updating exchanges in the $67 dollar range on http://preev.com/

are there any, real, large value sales going on?

**d-null** · 04-11-2013, 08:32 PM

now down to $65.00

**2012** · 04-11-2013, 09:12 PM

Originally posted by dyna mo

please holler at me

scottsharpephotos

at

gmail

com

**Supz** · 04-11-2013, 09:16 PM

mtgox down again?

**~Ray** · 04-11-2013, 09:18 PM

Originally posted by NiXXiN

looks like i might have landed a contract with a pretty big bitcoin exchange to make them a mobile app. i dont think i want to be paid in bitcoins though. lol

congrats on the new gig

**NiXXiN** · 04-11-2013, 09:22 PM

Originally posted by ~Ray

congrats on the new gig

cheers man!

**NiXXiN** · 04-11-2013, 09:36 PM

mtgox is back up

**NiXXiN** · 04-11-2013, 09:50 PM

http://www.youtube.com/watch?v=2sgg2MvAz8I

**MainstreamGuy** · 04-11-2013, 10:16 PM

So funny to see all those idiots buying the new Hype Bubble.

Can't wait to see the bubble crash in their faces.

Adult Webmasters should read "Economy for Dummies" to get some basic clue.

**seeandsee** · 04-11-2013, 10:34 PM

Nuts patrol should visit this thread and make new members, lots of candidates

**Slappin Fish** · 04-11-2013, 10:36 PM

Originally posted by Wizzo

Drop to $80 then back up, still not the big fall that will happen though.

Good call

**borked** · 04-11-2013, 10:44 PM

Originally posted by NiXXiN

btw MtGox.com ‏@MtGox 4m
We are experiencing a stronger than usual DDoS. We are working in it.

What, they can't simply add an arboR networks 1000gp in front of their webservers/proxy?...

Shit any host worth its money rent these things out peanuts and you don't even have to host with them

**borked** · 04-11-2013, 10:45 PM

Btw nixxen - congrats on the gig

**AllAboutCams** · 04-11-2013, 10:54 PM

Originally posted by Dirty F

Ya we should have our own pool.
I have no clue how that works though.

Im up for that i have 1.6Mh today and another 2.2Mh by the end of next week 3.8MH total

If your seriously going to do it ill sign up

**Dirty F** · 04-11-2013, 11:12 PM

Originally posted by MainstreamGuy

So funny to see all those idiots buying the new Hype Bubble.

Can't wait to see the bubble crash in their faces.

Adult Webmasters should read "Economy for Dummies" to get some basic clue.

What bubble exactly, you imbecile?

Is this really all you idiots can come up with?

maybe you missed something? The part where a bitcoin is worth twice what it was a month ago.
Yeah, we're such idiots.

Fuck, you people are dumb.

**Dirty F** · 04-11-2013, 11:15 PM

Originally posted by NiXXiN

looks like i might have landed a contract with a pretty big bitcoin exchange to make them a mobile app. i dont think i want to be paid in bitcoins though. lol

Nice

**ilnjscb** · 04-12-2013, 07:52 AM

Guys if you are going to do a skimming pool please please please let me help I have some useful knowledge and can handle lots of the tech stuff. we could tack on 100 Ghash in no time.

Very simple, all we need to do is assign ourselves more Ghash than we bring, because there is no one to one block award ratio. When we get awarded a block, we can distribute it according to whatever hash pool ratio we say, and as long as they are getting a return the folks won't mind.

**Dirty F** · 04-12-2013, 07:54 AM

Originally posted by ilnjscb

Guys if you are going to do a skimming pool please please please let me help I have some useful knowledge and can handle lots of the tech stuff. we could tack on 100 Ghash in no time.

Very simple, all we need to do is assign ourselves more Ghash than we bring, because there is no one to one block award ratio. When we get awarded a block, we can distribute it according to whatever hash pool ratio we say, and as long as they are getting a return the folks won't mind.

No clue what you said but either way if the coin stays this low mining with a few gpu's won't be worth it.
It was worth it 2 days ago but now, no.

**woj** · 04-12-2013, 08:07 AM

Originally posted by ilnjscb

Guys if you are going to do a skimming pool please please please let me help I have some useful knowledge and can handle lots of the tech stuff. we could tack on 100 Ghash in no time.

Very simple, all we need to do is assign ourselves more Ghash than we bring, because there is no one to one block award ratio. When we get awarded a block, we can distribute it according to whatever hash pool ratio we say, and as long as they are getting a return the folks won't mind.

Are you suggesting we should scam people by not giving them a fair share?

**ilnjscb** · 04-12-2013, 08:34 AM

Originally posted by Dirty F

No clue what you said but either way if the coin stays this low mining with a few gpu's won't be worth it.
It was worth it 2 days ago but now, no.

Originally posted by woj

Are you suggesting we should scam people by not giving them a fair share?

what? dude 100 ghash would average 20k a month at these prices - do you understand we'd be aggregating processing power?

That is a service. Do you call bank spread not a fair share? It is simply expressed in terms of mhash contribution

**Dirty F** · 04-12-2013, 08:44 AM

Originally posted by ilnjscb

what? dude 100 ghash would average 20k a month at these prices - do you understand we'd be aggregating processing power?

That is a service. Do you call bank spread not a fair share? It is simply expressed in terms of mhash contribution

Hmm...well talk to Nixxin i'd say..he be boss.

**Dirty F** · 04-12-2013, 08:45 AM

Originally posted by ilnjscb

what? dude 100 ghash would average 20k a month at these prices - do you understand we'd be aggregating processing power?

That is a service. Do you call bank spread not a fair share? It is simply expressed in terms of mhash contribution

If it would be this easy wouldn't everyone be doing it?

**DWB** · 04-12-2013, 08:51 AM

Originally posted by Dirty F

Plaaaace your bets!

I say $180 within a few hours of opening...

You?

You at $180 yet?

**Dirty F** · 04-12-2013, 09:21 AM

Originally posted by DWB

You at $180 yet?

Nop, it was back at 140 before till they got ddos'd again. Sad to see that the only thing holding it down is not the coin itself but shitty servers and ddos kids.

Don't you agree?

**Paul** · 04-12-2013, 09:22 AM

Originally posted by Brent 3dSexCash

IF you want to get in cheap buy from bitcoin24, it is trading in the 50s.

I dont why these exchanges have such drastically different pricing.

Si · 04-12-2013, 09:37 AM

Question, is MtGox that important that you're blaming the drops on them?

BTC-E has been up all the time this crash in price etc has been happening, as far as I can tell.

**borked** · 04-12-2013, 09:40 AM

Originally posted by Dirty F

No clue what you said but either way if the coin stays this low mining with a few gpu's won't be worth it.
It was worth it 2 days ago but now, no.

As I understood it, the higher the price the harder the mathematical pb to solve hence longer time. So whether btc is 1c or $1000 the relative work stays the same. Ie as price goes up, so does the number of cpu cycles required.
Well, that's the logical way anyway.

**Dirty F** · 04-12-2013, 09:40 AM

Originally posted by Si

Question, is MtGox that important that you're blaming the drops on them?

BTC-E has been up all the time this crash in price etc has been happening, as far as I can tell.

Yes, 80% of the coins pass through them. No need to explain it any further.

Bitcoin prediction when MtGox opens again tonight

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