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OMC 

Showing off + sorry about the difficulty. [MINING OMC @ 3GHs]

(May 28, 2014 01:32 AM)Cryptic™ Wrote:  Can you tell us more about your setup?

Based on his other threads, I've determined he has been using https://www.nicehash.com/.
[Image: asWKqqH.gif]
(May 27, 2014 11:41 PM)Bigandrewgold Wrote:  Regardless of the 'chunks' you split it into, selling an enormous amount of anything drops the price as it saturates the market.

It would be best if he sold it off not in chunks but in periods where there is high demand. For instance, say he set a quota that he needs to sell to make a profit back. He would wait for a time when the price is high, let's say 5 cents per coin. Say he sold 500 coins during that period. Then he'd make $25. If he sold another 500 when the price was 10 cents he'd make $50. In this instance of selling in chunks during high demand he could possibly multiply his profit by x amount.
That's nice, if only my 15 GH/s SHA256 miner mines scrypt coins.

:c
lel
(May 27, 2014 11:41 PM)Bigandrewgold Wrote:  Regardless of the 'chunks' you split it into, selling an enormous amount of anything drops the price as it saturates the market.

Yes, it does saturate the market if you're too impatient. The price doesn't drop as long as you allow others to sell something every now and then. They will still be able to sell, and they won't be aware that you are covering a lot of the buy orders.
It's not that hard, as long as you moderate yourself. Naturally there's not enough demand to actually be able to sell it all, that's not the issue I'm discussing.
This guys just posted a thread that he found an exploit on omc wallet where he can get unlimited OMC lol. Not sure if anyone else saw it but it got junked I think.
(May 28, 2014 11:15 AM)Matrix Programmer Wrote:  This guys just posted a thread that he found an exploit on omc wallet where he can get unlimited OMC lol. Not sure if anyone else saw it but it got junked I think.

First off, it's true, one of the wallets have been compromised. He never claimed to be able to get unlimited coins, and it has nothing to do with this thread.
(May 28, 2014 11:41 AM)Doctor Blue Wrote:  First off, it's true, one of the wallets have been compromised. He never claimed to be able to get unlimited coins, and it has nothing to do with this thread.

www.omc-wallet.com
And actually Doctor Blue, I can... It's simple too. However, I don't intend to abuse this. I've reported this but the owner hasn't been online in nearly 2 weeks...
How can you mine that much? Just curious?
(May 28, 2014 11:48 AM)CrypticX Wrote:  How can you mine that much? Just curious?

Renting rigs, nothing special.
Head to: www.NiceHash.com
(May 28, 2014 11:45 AM)~OMC~ Wrote:  www.omc-wallet.com
And actually Doctor Blue, I can... It's simple too. However, I don't intend to abuse this. I've reported this but the owner hasn't been online in nearly 2 weeks...

Doctor Blue, he actually can. He's able to send any amount and get back what he sent. He could repeat this however many times as he wants, hence "unlimited".
(May 28, 2014 11:50 AM)Matrix Programmer Wrote:  Doctor Blue, he actually can. He's able to send any amount and get back what he sent. He could repeat this however many times as he wants, hence "unlimited".

So far I've only accumulated 20,000.

It's a long process due to confirmations.
(May 28, 2014 11:52 AM)~OMC~ Wrote:  So far I've only accumulated 20,000.

It's a long process due to confirmations.

Well, if what you say is true that the owner hasn't responded in 2 weeks, keep doing what you do. Punish the owner for his ignorance. Fully justified.
(May 28, 2014 11:54 AM)Matrix Programmer Wrote:  Well, if what you say is true that the owner hasn't responded in 2 weeks, keep doing what you do. Punish the owner for his ignorance. Fully justified.

I think he was arrested as he was involved in the blackshades malarkey. If that's the case... IT'S ALL MINE.
(May 28, 2014 11:56 AM)~OMC~ Wrote:  I think he was arrested as he was involved in the blackshades malarkey. If that's the case... IT'S ALL MINE.

Really he was arrested? Lol. sucks for him. Talk about a double whamy.
(May 28, 2014 11:56 AM)Matrix Programmer Wrote:  Really he was arrested? Lol. sucks for him. Talk about a double whamy.
I think I might just double my 20,000 right now lol.
When the 1:20 rates come back and I have 40,000 OMC. Dayummm...
$2,000.


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