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CatKiwi
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March 27, 2014, 01:23:54 AM |
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so when is this happenening? been 3 hours lol +1 Opinion: It has been happening since our friend the market manipulator lowered the fake sell walls and erected the fake buy walls every 1 satoshi to get you to pay progressively more and more for the coins he bought at 6500 and above. The dumping will pick up shortly and then plummet back to 7000 where a new floor has been reached. Folks will be dumbfounded wondering what has happened as they stare at their buy order history showing buys 20% and more over the price people were willing to dump 10s of 1000s during the manipulators buy up phase. They will then enter the denial phase "don't sell now, it will go back up in a minute, its just a trap" - while this is occurring those slightly slower to react than the announcer will dump their coins leaving the poor fellow with no option but to hold onto his coins because the price has dropped well below what he would be prepared to sell for. Eventually the price will go back up but during this time they have missed the opportunity to buy cheaply because they are stuck holding a bag of coins they paid far too much for in the first place. In this most common scenario that person will lose around 10-15% of the value as they will likely sell as soon as the price rises to within 10-15% of their buy price because that is an acceptable price to pay in their eyes to 'get out' (E.G. they bought at 7900, price plummets to 7000, they sell at 7400. The announcer however is basking in his greatness, having made bundles of BTC from suckers who couldn't help themselves - they had to try and get on board as the ship was leaving 'to the moon'. |
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CatKiwi
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March 27, 2014, 01:30:23 AM |
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so when is this happenening? been 3 hours lol +1 Opinion: It has been happening since our friend the market manipulator lowered the fake sell walls and erected the fake buy walls every 1 satoshi to get you to pay progressively more and more for the coins he bought at 6500 and above. The dumping will pick up shortly and then plummet back to 7000 where a new floor has been reached. Folks will be dumbfounded wondering what has happened as they stare at their buy order history showing buys 20% and more over the price people were willing to dump 10s of 1000s during the manipulators buy up phase. They will then enter the denial phase "don't sell now, it will go back up in a minute, its just a trap" - while this is occurring those slightly slower to react than the announcer will dump their coins leaving the poor fellow with no option but to hold onto his coins because the price has dropped well below what he would be prepared to sell for. Eventually the price will go back up but during this time they have missed the opportunity to buy cheaply because they are stuck holding a bag of coins they paid far too much for in the first place. In this most common scenario that person will lose around 10-15% of the value as they will likely sell as soon as the price rises to within 10-15% of their buy price because that is an acceptable price to pay in their eyes to 'get out' (E.G. they bought at 7900, price plummets to 7000, they sell at 7400. The announcer however is basking in his greatness, having made bundles of BTC from suckers who couldn't help themselves - they had to try and get on board as the ship was leaving 'to the moon'. It would appear his hand has been forced as we fall back to 7400. good. |
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Mk2vr6
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March 27, 2014, 01:38:16 AM |
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Is that the most profitable coin now then? |
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Miner232432
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March 27, 2014, 01:46:28 AM |
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Is that the most profitable coin now then? No it isn't, there's other more profitable shit coins they could mine but they choose to mine Noble instead. So much for the war on shit coins |
I am blunt, don't like it ? Too bad
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Mk2vr6
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March 27, 2014, 01:49:19 AM |
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Is that the most profitable coin now then? No it isn't, there's other more profitable shit coins they could mine but they choose to mine Noble instead. So much for the war on shit coins Hate to say it, but for overall use, NOBL makes BC look shit. At least you can buy things with NOBL, rather than only trade for BTC. |
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yourstruly
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March 27, 2014, 01:49:51 AM |
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Raise your black flags matees we have coins to devour.
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yourstruly
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March 27, 2014, 01:51:07 AM |
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Is that the most profitable coin now then? No it isn't, there's other more profitable shit coins they could mine but they choose to mine Noble instead. So much for the war on shit coins Hate to say it, but for overall use, NOBL makes BC look shit. At least you can buy things with NOBL, rather than only trade for BTC. While it would be beneficial for BC to be accepted as payment from merchants eventually, there are many uses even without that. We also need more time to grow. |
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mellomike
Member
 Offline
Activity: 84
Merit: 10
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March 27, 2014, 01:55:00 AM |
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Is that the most profitable coin now then? No it isn't, there's other more profitable shit coins they could mine but they choose to mine Noble instead. So much for the war on shit coins Why would a new pool with a low hash rate waste time on something with a difficulty too high? The reason we are mining NOBL right now (If you read on the homepage) is because it is the easiest for the little hashrate the pool has at the moment. Once more people start mining on it.. we will switch to a coin that is best for the hashrate. We mined NOBL over the weekend for 6 hours and brought in 8000 BC ... not bad for only a small hash rate. So YES we got this under control. PS. No where on our website do we say we are at a war with any coins. All we care about is getting BC into the hands of stake holders. So please don't make up a purpose for this mining pool. |
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moderndezigns
Newbie
Offline
Activity: 56
Merit: 0
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March 27, 2014, 01:55:28 AM |
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Is that the most profitable coin now then? No it isn't, there's other more profitable shit coins they could mine but they choose to mine Noble instead. So much for the war on shit coins Hate to say it, but for overall use, NOBL makes BC look shit. At least you can buy things with NOBL, rather than only trade for BTC. That doesn't seem very noble. At least Blackcoin is easy to pump/ manipulate without much cost verses reward. |
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Mk2vr6
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March 27, 2014, 01:59:38 AM |
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Is that the most profitable coin now then? No it isn't, there's other more profitable shit coins they could mine but they choose to mine Noble instead. So much for the war on shit coins Hate to say it, but for overall use, NOBL makes BC look shit. At least you can buy things with NOBL, rather than only trade for BTC. While it would be beneficial for BC to be accepted as payment from merchants eventually, there are many uses even without that. We also need more time to grow. Don't get me wrong I'm a BC holder too, but what can I actually do with it besides trade it/cash out. The reason I asked was because surely there is another shitcoin you could pick on. NOBL is a decent coin, with decent resources and devs etc. |
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Mk2vr6
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March 27, 2014, 02:01:11 AM |
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Is that the most profitable coin now then? No it isn't, there's other more profitable shit coins they could mine but they choose to mine Noble instead. So much for the war on shit coins Why would a new pool with a low hash rate waste time on something with a difficulty too high? The reason we are mining NOBL right now (If you read on the homepage) is because it is the easiest for the little hashrate the pool has at the moment. Once more people start mining on it.. we will switch to a coin that is best for the hashrate. We mined NOBL over the weekend for 6 hours and brought in 8000 BC ... not bad for only a small hash rate. So YES we got this under control. PS. No where on our website do we say we are at a war with any coins. All we care about is getting BC into the hands of stake holders. So please don't make up a purpose for this mining pool. And all this time I though mining was proportionate - hash/coins earned. |
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mellomike
Member
Offline
Activity: 84
Merit: 10
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March 27, 2014, 02:03:13 AM |
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And all this time I though mining was proportionate - hash/coins earned.
Learn something new everyday then.. |
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linna
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March 27, 2014, 02:04:03 AM |
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BC broke out, there are no bright spots Han
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Let's flower the moon.SkMkf84Mv1gGe473kswcUwzfBc7m2QwcUA
TheSmurfsCoin.ThjHhQduSG6qfj8tMKepGmHgMK7Xp4u3ke
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blade87
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March 27, 2014, 02:06:29 AM |
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I wouldn't dare mine NOBL. There are a lot of shitcoins out there but NOBL is not one of them.  My pool has been mining DOGE. While it's not number #1 ever in profitability, it's usually always up there among the better coins to mine, and just very reliable at predicting miner payouts since its price is pretty stable on a day to day basis. |
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Miner232432
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March 27, 2014, 02:07:15 AM |
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Why would a new pool with a low hash rate waste time on something with a difficulty too high? The reason we are mining NOBL right now (If you read on the homepage) is because it is the easiest for the little hashrate the pool has at the moment. Once more people start mining on it.. we will switch to a coin that is best for the hashrate.
We mined NOBL over the weekend for 6 hours and brought in 8000 BC ... not bad for only a small hash rate. So YES we got this under control.
PS. No where on our website do we say we are at a war with any coins. All we care about is getting BC into the hands of stake holders. So please don't make up a purpose for this mining pool.
PHS - Network Hashrate: 106.61 MH/s Difficulty - 2.7324 BBQ - Network Hashrate: 92.64 MH/s Difficulty - 1.303 LKY - Network Hashrate: 104.90 MH/s Difficulty - 1.4855 And then Noble with Higher Hashrate of 216MH/s AND Higher Diff of 3.4018 So don't tell me you picked the best coin for your low hash power Stop screwing your poolers and Noble |
I am blunt, don't like it ? Too bad
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Mk2vr6
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March 27, 2014, 02:08:47 AM |
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Why would a new pool with a low hash rate waste time on something with a difficulty too high? The reason we are mining NOBL right now (If you read on the homepage) is because it is the easiest for the little hashrate the pool has at the moment. Once more people start mining on it.. we will switch to a coin that is best for the hashrate.
We mined NOBL over the weekend for 6 hours and brought in 8000 BC ... not bad for only a small hash rate. So YES we got this under control.
PS. No where on our website do we say we are at a war with any coins. All we care about is getting BC into the hands of stake holders. So please don't make up a purpose for this mining pool.
PHS - Network Hashrate: 106.61 MH/s Difficulty - 2.7324 BBQ - Network Hashrate: 92.64 MH/s Difficulty - 1.303 LKY - Network Hashrate: 104.90 MH/s Difficulty - 1.4855 And then Noble with Higher Hashrate of 216MH/s AND Higher Diff of 3.4018 So don't tell me you picked the best coin for your low hash power Stop screwing your poolers and Noble Hear, hear! Do what the man above is and mine Doge instead!  |
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mellomike
Member
Offline
Activity: 84
Merit: 10
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March 27, 2014, 02:08:57 AM |
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Why would a new pool with a low hash rate waste time on something with a difficulty too high? The reason we are mining NOBL right now (If you read on the homepage) is because it is the easiest for the little hashrate the pool has at the moment. Once more people start mining on it.. we will switch to a coin that is best for the hashrate.
We mined NOBL over the weekend for 6 hours and brought in 8000 BC ... not bad for only a small hash rate. So YES we got this under control.
PS. No where on our website do we say we are at a war with any coins. All we care about is getting BC into the hands of stake holders. So please don't make up a purpose for this mining pool.
PHS - Network Hashrate: 106.61 MH/s Difficulty - 2.7324 BBQ - Network Hashrate: 92.64 MH/s Difficulty - 1.303 LKY - Network Hashrate: 104.90 MH/s Difficulty - 1.4855 And then Noble with Higher Hashrate of 216MH/s AND Higher Diff of 3.4018 So don't tell me you picked the best coin for your low hash power Stop screwing your poolers and Noble I would entertain your stats but clearly you didn't read my response.. I've tested these and the biggest payout came from NOBL ... sorry to disappoint you after going through so much work to get those stats :-) |
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yourstruly
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March 27, 2014, 02:12:04 AM |
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I wouldn't dare mine NOBL...  My pool has been mining DOGE. While it's not number #1 ever in profitable, it's usually always up there and just very reliable at predicting miner payouts since its price is pretty stable on a day to day basis. We need to give this idea that one coin or another should or shouldn't be absorbed. In the end it will be up to the multipools and miners. All other coins will have to adapt to having blackcoin in the ecosystem, because if it isn't blackcoin doing it, some other coin will come and do it eventually. Multipools should just target whatever is the most convenient, for a small pool it may be better to mine less profitable but with less competition. |
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Miner232432
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March 27, 2014, 02:13:07 AM |
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Why would a new pool with a low hash rate waste time on something with a difficulty too high? The reason we are mining NOBL right now (If you read on the homepage) is because it is the easiest for the little hashrate the pool has at the moment. Once more people start mining on it.. we will switch to a coin that is best for the hashrate.
We mined NOBL over the weekend for 6 hours and brought in 8000 BC ... not bad for only a small hash rate. So YES we got this under control.
PS. No where on our website do we say we are at a war with any coins. All we care about is getting BC into the hands of stake holders. So please don't make up a purpose for this mining pool.
PHS - Network Hashrate: 106.61 MH/s Difficulty - 2.7324 BBQ - Network Hashrate: 92.64 MH/s Difficulty - 1.303 LKY - Network Hashrate: 104.90 MH/s Difficulty - 1.4855 And then Noble with Higher Hashrate of 216MH/s AND Higher Diff of 3.4018 So don't tell me you picked the best coin for your low hash power Stop screwing your poolers and Noble I would entertain your stats but clearly you didn't read my response.. I've tested these and the biggest payout came from NOBL ... sorry to disappoint you after going through so much work to get those stats :-) No please do entertain my stats please show your evidence, prove to your miners you're earning them the best rates you can. If you don't then it only shows you're lying and screwing your miners over Hell I can go one further and show that 2 of those coins with higher profitability have HIGHER MARKET VOLUME than Noble which means they're easier to sell as well |
I am blunt, don't like it ? Too bad
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