reports 2 transactions but wallet is empty and nothing in the transaction list. Ahh orphans...  |
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Landlord not happy about these running in the house so out they go. Ready to mine out of the box
3x 7950
8 gb memory
Windows 7
Getting ~1.5MHash/sec
I want $1500 OBO. Can provide additional specs/info if asked for
each or for the lot? |
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Just someone compile the qt and Upload it, everybody will join that premined (by some users here) coin
Just compile it if you wan't. It's not like compiling it is rocket science for some people it is... “Magic's just science that we don't understand yet.” ― Arthur C. Clarke |
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if you want to be really fair, you can supply a guide for the people who doesn't know how to solo mine, that way people can start creating pools, when all people can solo mine in the meanwhile...
~
or to be really fair. premine the coin and then give those coins to the people who cry the most about how unfair the coin is. |
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Don't expect to get any respect in this forum with 'ideas'. Cold hard facts win the day. Do you think you're the first person to make a post like this?
Hey, love to see a new great coin.
Pick a name of the coin, create some graphics, a website, a forum, and release some technical details... if you're so experienced you would know that you don't make a pitch without having something to entice potential investors.
Your pitch: "Trust me".
I confused how this thread has been misinterpreted by 95% of the replies. I have no pitch, details or anything to showcase to the wider public. Maybe that is why it is being misinterpreted. You have no substance to your request. Get a business plan together. Treat this seriously and you will be treated seriously. |
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This is a brilliant idea!!! Coins based on political/social drives. THis is where the crypto currency market is going. Welcome to the new economy!
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Butt-hurt GPU-owners.
-MarkM-
rofl. very true. But what is important is that at this stage asic chips can only be produced by wealthy backers who would rather mine (speculating) than actually deliver the products that they intended to (Avalon being somewhat an exception). This goes against what the purpose of the network was supposed to be a distributed community based system. It is why I'm against CPU based systems as they are easy to exploit by botnets who again are a form of centralization. |
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I do not agree about making a new coin every day. It's about the free market. If the free market determines a new coin is flawed it will not be long lasting. BTC and LTC have been enduring that is a good sign. But if a new coin comes along and surpases BTC who is any one to decide as a minority that it is wrong.
The problem is it takes a cryptocurrency that is substantially different and innovative. For one, it needs to have 0 - 50% of the codebase of bitcoind, not 99.9%. True and it is why most of them are failing. The only one that has endured as been LTC due to it being scrypt. It doesn't stop me from being excited about the concept and the potential of this new economy. |
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GDP would suit better than GNP for the OP's thread. And by the way, a bit outdated there.
GNP vs GDP. You are trying to deflect the point. The fact is that the difference between GDP and GNP relative to the comparison between the countrys' GDP/GNP is the important issue. My point is the median chinese income cannot afford CNC, not due to price, but due to barriers of entry. Internet access, computers, etc. If you are pained by a 5 year old chart then at 7 to each of the bars YOY and leave the US where it is. I'm sure China's average median household income has surpassed the US. |
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Why do you think so? Today it looks like dying.
It only started too high, it's not dying. If China buys, it's all over for LTC, FTC, PPC, etc... I personally think another economic crisis is coming that will inject funds into cryptos. Also, the exchanges will stop adding additional cryptos beyond this month as not to ruin their own exchange. There will only be a handful for a while on major exchanges regardless of new cryptos being released each week, and I'm all in on CNC. China makes up 20% of the global population, and they are just starting to come on-board, regardless of what a few Chinese teens/kids are saying on some Chinese forum. That gives us over 1.35 Billion chances for Chinese businesses/people to announce they will accept payment in CNC for their goods. Ever buy batteries on eBay? These people are happy to profit $0.50 and CNC will give them a new avenue for this very soon. only....  |
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I do not agree about making a new coin every day. It's about the free market. If the free market determines a new coin is flawed it will not be long lasting. BTC and LTC have been enduring that is a good sign. But if a new coin comes along and surpases BTC who is any one to decide as a minority that it is wrong.
If we followed that mentality we would be some many years behind today's technology. Its about disruption in order to find better solutions. IS BTC the best solution. It might be, but I don't think so. It will endure but will likely endure like IBM computers did when the compatible market grew from it, or how people used to say they would xerox a piece of paper.
There will be a better crypto currency I know that. Is it in the current mix, definitely not.
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If I have a mainstream business and I give large discounts to friends and family, is my business now consider a scam because I charge everyone else full price?
What do you think about insider information? If your friends and family are told about the non public details of your company which gives them a competitive advantage in the marketplace have you defrauded the public? |
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I do agree that launching a new coin should be made public atleast 7 days before the actual launch. Preferably couple of pools set up and an exchange to support it. Distributing the binaries and sources in a AES encrypted 7zip or rar package and finally revealing the key at specific already widely known time.
We just haven't seen this method yet, hopefully it comes the standard some day.
Even fairer than that, would be to launch the coin but only on a 'testnet' so people could practise mining it etc. You could even argue every coin is a scam coin for not doing these things. public mining test. this follows good SDLC practices. Provide a User Acceptance Test of the cin. Give it a window of one week, gather data and release it. I like it! |
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its not that the difficult was set to zero or that the insiders were waiting at the starting line for the gun to go off.
Its that insider knowledge resulting in the insiders having a significant advantage over the public miners and the opportunity window quickly shut.
The difficult could have started at 0 or 100 the ram up in difficulty was the door being slammed shut after insiders mined the lion's share.
if I devised a coin that that started at difficulty 10 and jumps to difficulty 1,000,000 after 5 seconds and I know of the coin well ahead so that I can configure my machine to start as soon as the announcement happens its not a premine
but it is a scam as only the only one that owns the coin or the majority of it. It might as well be defined as premined.
Maybe coin developers and all parties involved should be outlawed from mining their creation. Maybe the community should define and insider mining as a scam. But I understand the human nature and that will likely not work.
Seems that the only think bitbar insiders are at fault for is making such a crappy currency. Their greed bested them as they made it so difficult to mine that they are the only ones holding the bag.
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Yeah bitbar is starting to look alot like a scam. The community seems to be rejecting it as you do not find much on this forum other than spam promoting it as the new future in digital currency.
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End of story.Trade with confidence, Bitbar got bright future. Current Market price for 1(one)Bitbar is "Above" 1(one)BTC. You are lucky enough if you can find seller who is willing to sell less than 1 BTC per.PS:The fact that in just a few days upon its release Bitbar is worth more than BTC, can't you people wonder/imagine whats the market price will be in the next few weeks/ month  Think s-m-a-r-t. FIFY |
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a lot of the chn pools are getting DDOS'd. Its a young coin with a high profit margin so some people are trying to keep others from hashing.
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