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-   -   Bitcoin prediction when MtGox opens again tonight (https://gfy.com/showthread.php?t=1106070)

Dirty F 04-11-2013 07:52 PM

Quote:

Originally Posted by dyna mo (Post 19573960)
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 07:54 PM

Quote:

Originally Posted by NiXXiN (Post 19573962)
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? :thumbsup

EddyTheDog 04-11-2013 07:55 PM

Quote:

Originally Posted by dyna mo (Post 19573960)
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 07:55 PM

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

NiXXiN 04-11-2013 07:55 PM

Quote:

Originally Posted by Dirty F (Post 19573965)
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 07:55 PM

Quote:

Originally Posted by Dirty F (Post 19573965)
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 07:56 PM

Quote:

Originally Posted by EddyTheDog (Post 19573973)
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 07:56 PM

Quote:

Originally Posted by dyna mo (Post 19573972)
can i contact you about this? :thumbsup

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

dyna mo 04-11-2013 07:56 PM

Quote:

Originally Posted by Dirty F (Post 19573974)
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 07:57 PM

Quote:

Originally Posted by dyna mo (Post 19573976)
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 07:58 PM

Quote:

Originally Posted by dyna mo (Post 19573980)
yes, you do in fact. :)

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

Dirty F 04-11-2013 07:58 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 08:00 PM

Quote:

Originally Posted by Dirty F (Post 19573983)
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 08:04 PM

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

dyna mo 04-11-2013 08:07 PM

please holler at me


scottsharpephotos

at

gmail

com

EddyTheDog 04-11-2013 08:08 PM

Quote:

Originally Posted by Dirty F (Post 19573991)
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 08:34 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 08:56 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 08:59 PM

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

anexsia 04-11-2013 09:04 PM

MtGox.com ‏@MtGox 2m

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

NiXXiN 04-11-2013 09:05 PM

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

NiXXiN 04-11-2013 09:19 PM

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

d-null 04-11-2013 09:23 PM

Quote:

Originally Posted by Dirty F (Post 19573983)
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 09:32 PM

now down to $65.00

2012 04-11-2013 10:12 PM

Quote:

Originally Posted by dyna mo (Post 19573993)
please holler at me


scottsharpephotos

at

gmail

com


Supz 04-11-2013 10:16 PM

mtgox down again?

~Ray 04-11-2013 10:18 PM

Quote:

Originally Posted by NiXXiN (Post 19574036)
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 10:22 PM

Quote:

Originally Posted by ~Ray (Post 19574080)
congrats on the new gig

cheers man!

NiXXiN 04-11-2013 10:36 PM

mtgox is back up

NiXXiN 04-11-2013 10:50 PM

https://youtube.com/watch?v=2sgg2MvAz8I

MainstreamGuy 04-11-2013 11:16 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 11:34 PM

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

Slappin Fish 04-11-2013 11:36 PM

Quote:

Originally Posted by Wizzo (Post 19573031)
Drop to $80 then back up, still not the big fall that will happen though.

Good call :upsidedow

borked 04-11-2013 11:44 PM

Quote:

Originally Posted by NiXXiN (Post 19574053)
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?... :error
Shit any host worth its money rent these things out peanuts and you don't even have to host with them :2 cents:

borked 04-11-2013 11:45 PM

Btw nixxen - congrats on the gig :thumbsup

AllAboutCams 04-11-2013 11:54 PM

Quote:

Originally Posted by Dirty F (Post 19573974)
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 04-12-2013 12:12 AM

Quote:

Originally Posted by MainstreamGuy (Post 19574103)
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 04-12-2013 12:15 AM

Quote:

Originally Posted by NiXXiN (Post 19574036)
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 :thumbsup

ilnjscb 04-12-2013 08:52 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 08:54 AM

Quote:

Originally Posted by ilnjscb (Post 19574811)
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 09:07 AM

Quote:

Originally Posted by ilnjscb (Post 19574811)
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? :helpme:error

ilnjscb 04-12-2013 09:34 AM

Quote:

Originally Posted by Dirty F (Post 19574814)
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.

Quote:

Originally Posted by woj (Post 19574843)
Are you suggesting we should scam people by not giving them a fair share? :helpme:error

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 09:44 AM

Quote:

Originally Posted by ilnjscb (Post 19574909)
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 09:45 AM

Quote:

Originally Posted by ilnjscb (Post 19574909)
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 09:51 AM

Quote:

Originally Posted by Dirty F (Post 19573016)
Plaaaace your bets!

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

You?

You at $180 yet?

Dirty F 04-12-2013 10:21 AM

Quote:

Originally Posted by DWB (Post 19574953)
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 10:22 AM

Quote:

Originally Posted by Brent 3dSexCash (Post 19573942)
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.

:Oh crap

http://i.imgur.com/CruiHQb.png

Si 04-12-2013 10:37 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 10:40 AM

Quote:

Originally Posted by Dirty F (Post 19574814)
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 10:40 AM

Quote:

Originally Posted by Si (Post 19575059)
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.


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