Quote from: techbytes on April 21, 2014, 02:31:06 AM

Quote from: airwalker2662 on April 20, 2014, 11:43:07 PM

Quote from: techbytes on April 20, 2014, 10:11:11 PM

Quote from: airwalker2662 on April 20, 2014, 08:04:26 PM

Quote from: techbytes on April 20, 2014, 06:14:29 PM

Quote from: airwalker2662 on April 20, 2014, 05:46:08 PM

Quote from: techbytes on April 20, 2014, 05:37:05 PM

Quote from: Varvarin on April 20, 2014, 05:16:14 PM

Quote from: spicelord on April 20, 2014, 05:09:36 PM

Quote from: techbytes on April 20, 2014, 05:07:11 PM

The faster they rise, the harder they fall. EMC2 is building a solid foundation. 900-1000 satoshi for epoch 2 is fine with me.

I'm sure dev team will have another algo fully tested but won't implement it unless necessary.

-tb-

They did in fact text X11 on the testnet a while back

If EMC2 went for X11 it would have tanked very hard after the pump on Kimoto Gravity exploit. DigiShield is probably the best option for now. All other algorithms need special settings and most shy away, even I couldn't get say Scrypt-N to mine, had some issues with X11 .. but it's just easier this way.

If it ain't broken, don't fix it...

-tb-

Well that's a vote for "no innovation". I'd love to hear you are still mining at xxx Kh/s against one guy mining at 250 MH/s and dumping at 500 then 300 then 150 satoshis.

I'm a gambling man. I'm willing to put up a few btc in an escrow of your choice (reputable of course) and say the dumping you mentioned won't happen.

I will be the guy with three new asic when they deliver and will be mining and holding EMC2... and if the team switch algo, I will adapt.

-tb-

I will take that bet if we agree to certain conditions:

1.) Algorithm. Must stay current Scrypt in order for bet to be valid. Adaptives or other variables not eligible.
2.) Dumping. Must be clearly defined by volume and prices. I will think about this and would take input from suggestions.
3.) Time period. Obviously we should start immediately after agreeing to conditions. I am assuming in 120-days ASICs should be prolific, so that seems like a good figure.
4.) Escrow and amount. I do not have any escrow suggestions, maybe someone out there can advise? I would like to wager 1 BTC.

1. Agreed
2. Sure, just define the volume and prices. I've been digging through the charts and looking at walls. I recommend that our point be at 450 sat or .00000450 BTC. The volume can be anything and is too variable to define, but the price point well indicates a dump.
3. Define time period. I am in USA - Eastern time zone. I was thinking start Monday 04/21/14 at 6 PM EST. This is of course dependant on trusted escrow provider. Ends 120 days from start, i.e. if we do start Monday end date would be August 18th, 2014 if value had not reached amount above.
4. Can anyone suggest an escrow service?

The BTC I take from you will go to EMC2 Foundation...

I love it, good luck!

-tb-

I'm good with the price point at 450 satoshi but on which exchange?
I'm on eastern time zone as well and time frame is good as well. So on August 18th at 6PM, if price is above 450 satoshi, I take your BTC which will then be donated to the foundation. If it's below 450 satoshi, you take my BTC.

FYI, I am not affiliated with EMC2. I'm just a supporter of the coin and the ideas behind it.

-tb-

I think you guys should define what under 450 sat means.. on one exchange?? I hope not as I can do that without even using half my stack..

Maybee something like average over 24 hours on 3 highest volume exchanges..