Quote from: bob131313 on August 29, 2014, 07:09:21 PM

Quote from: btc-mike on August 29, 2014, 07:04:16 PM

Quote from: bob131313 on August 29, 2014, 06:31:35 PM

re the bbr price since there are a few people here interested in it. From looking at the downward sales pressure here: https://bittrex.com/Market/?MarketName=BTC-BBR

There is a miner that is mining with autopay to the exchange and sell. They are selling the coins on the exchange on the sell side as soon as they mine them ~14-19 every 2 min or so. With 11k bbr per day is being mined into the market. So if you think it is a good coin, just pull your buy orders and let the dumpers dump.
If we put at floor at a nice low spot or so they should just feed it without thinking. :-)~

Just my 2 cents.

In order to sell that much, a miner would need to control almost 100% of the network hash. There is a new block about every 2 minutes and the current reward is a little over 16.

More likely just someone trying to sell.

Sorry my English failed me.
I mean that 11k BBR are mined at the current reward every 24 hours. Not that this specific miner was mining/dumping 11k.

Course no sail since
08/29/2014 01:15:24 PM
SELL
0.00040104 15.13000000 0.00606773

But still 0.006 btc per block for a mining farm is a nice profit.

11k is such a small amount. It like 4-5 bitcoins at todays prices.

Once (if) this coin catches on again and I think it will, it will not take much volume to get BBR back to .003+