SolarCoin volume on Bittrex has been increasing recently. §20-30k traded per day the last few days. Still less than AllCrypt, but gaining ground. Nice to see some action for our currency on a bigger exchange, and Bittrex has been growing and adding new features, etc. Maybe in a few more months it'll be just as big as MintPal and Cryptsy. https://bittrex.com/Market/Index?MarketName=BTC-SLRI just wish we could get some traders interested in this coin to give it more of a liquid order book. I have a feeling that nearly all the §SLR being "traded" on the exchanges is just miners dumping it straight into the hands of long-term investors who will never sell it for 2+ years. Looking on the bright side, it's hard to imagine the price not going up when the supply of coins being mined by immediate dumpers starts to decline. Buying interest is there, eating a steady diet of dumped coins day after day. I think the spike on bittrex was due to allcrypt being down for maintenance for a awhile (at that time). I don't think that's the reason. I moved some of my bids from AllCrypt to Bittrex and some of them got filled, which was a significant chunk of the volume. Other people apparently got bids filled on Bittrex too, or bought into some of the asks, which accounted for the rest of the volume spike. Now today, a bunch of coins got dumped on Bittrex and I managed to get a bid filled in the 800s, which I consider to be a great price for a long-term investment in this coin. I hope more people will put up bids on Bittrex at these awesome prices. Hopefully that price does not become the new norm…otherwise it may be you and I buying them all. lol I would guess that there's a price, probably not much lower than the current price, at which it would no longer be profitable to mine and sell this coin. If it goes below that price, whatever it is, presumably the only people mining would be long-term holders. And therefore the selling pressure on the exchanges would stop. I wonder what that price is? Anybody who mines this coin have any idea? We're already there! You can't mine this coin with a diff of 10 and produce and sell enough coins to pay for your hydro, let alone the rig costs! Then the constant selling pressure is coming from some unknown source, instead of miners. Perhaps early "investors" who got in because they thought it would be a quick pump rather than because of believing in the long-term potential of this currency? I have to admit I don't get why anyone would have bought SolarCoin in the first place unless they were planning to hold it for at least a year. This currency was never touted as a quickie pump like 99% of other altcoins out there. It was always intended to be a gradual plan of development with a long time horizon. I think the people selling below 1000 satoshis are going to regret it. Especially if we do switch to PoS and there are hardly any new coins available to be bought later on. I can see the switch to PoS in the future, but for now there's plenty of coins to mine and it needs the exposure. Once the difficulty issue is resolved there should be a steady following of miners which hopefully will steadily grow. |
|
|
|
"Secure Connection Failed An error occurred during a connection to www.allcrypt.com. Peer's Certificate has been revoked. (Error code: sec_error_revoked_certificate) The page you are trying to view cannot be shown because the authenticity of the received data could not be verified. Please contact the website owners to inform them of this problem. Alternatively, use the command found in the help menu to report this broken site." This is what I get from AllCrypt at the moment. Working fine for me right now. Working for me too now also. Guess they worked out the issue.  |
|
|
|
"Secure Connection Failed An error occurred during a connection to www.allcrypt.com. Peer's Certificate has been revoked. (Error code: sec_error_revoked_certificate) The page you are trying to view cannot be shown because the authenticity of the received data could not be verified. Please contact the website owners to inform them of this problem. Alternatively, use the command found in the help menu to report this broken site." This is what I get from AllCrypt at the moment. |
|
|
|
Compiled vertminer for ubuntu 12.10. All I get are rejects.  |
|
|
|
Not sure what's up but some high hashing going on right now (800+ Mh/s)…breaking the pattern, as there's still 600+ blocks at 10+ diff?
I saw that. I can't find it on the pools either. Looks to be a solo miner. |
|
|
|
SolarCoin volume on Bittrex has been increasing recently. §20-30k traded per day the last few days. Still less than AllCrypt, but gaining ground. Nice to see some action for our currency on a bigger exchange, and Bittrex has been growing and adding new features, etc. Maybe in a few more months it'll be just as big as MintPal and Cryptsy. https://bittrex.com/Market/Index?MarketName=BTC-SLRI just wish we could get some traders interested in this coin to give it more of a liquid order book. I have a feeling that nearly all the §SLR being "traded" on the exchanges is just miners dumping it straight into the hands of long-term investors who will never sell it for 2+ years. Looking on the bright side, it's hard to imagine the price not going up when the supply of coins being mined by immediate dumpers starts to decline. Buying interest is there, eating a steady diet of dumped coins day after day. I'm sure it'll get action once the foundation is legally set up and grants begin en mass. There will be demand for buyers also since many more coins will enter the market, but it'll also begin to create the retail market for the coins since the foundation has been laid so to speak and it looks like the founders are using some quality concrete. |
|
|
|
Well damn, there was indeed a 2.8 diff in the middle of the night according to the block explorer... How long did it last? 5 hours. Wow... Why do these people have to rape for the whole 5 hours? Why not just rape for 3-4 hours and then walk away? Better yet, why not make love 24/7 instead of raping???  Meh, whatever, it'll all be a blip in SolarCoin history soon enough.  yeah, wasn't the usual mining cycle this time. I managed to mine a few coins at the low difficulty. It'll be nice when the new code comes…hopefully soon. :-) Unfortunately I am unable to help with that, my little 450 KHs miner I bought in February crapped out on me.  But from what I can see, testing is going very well! *fingers crossed* for a smooth rollout. Maybe it's just tired. It's possible we can revive it. |
|
|
|
We need to switch over to Proof Of Stake asap. Dont even waste time on other fixes kgw etc. Please help lower my electric bill  with POS. What exactly is POS and how would that help with the diff problem? proof of stake. wallets do the work so you don't need gpu's to generate blocks, though you can still use them. I don't understand how this will fix the pump n dump "difficulty" problem. You're right, but that's not how the difficulty problem is being addressed. Digishield is being tested right now. |
|
|
|
Somebody tell me if I am out of my mind or not :-)
I mentioned before about the possibility of getting the big PV companies to donate to the solarcoin initiative, and I fully believe that if we came up with an idea that would create value for solarcoin, that their investment would be given back to them 10 fold. It would be nothing for the big boys to donate 1 million (plus?) annually…they have revenue in the billions and profits in the hundreds of millions. It could potentially be an expense on the balance sheet too.
Let's, for the sake of argument, say they (combined) throw $5 million a year towards solarcoin (to start). Now let's say there's approx. 50 million solarcoins in distribution (by end of 2014, or just after?). That would provide $0.10 per solarcoin value to solarcoin holders (if everyone went through the claim process). The challenge then becomes, how do we get that $ back to real investors (solarcoin holders). Then, I thought of the registry…or whatever the Foundation are calling the repository that exists for solarcoin claims (from solar energy production).
Solarcoin has something that other crypto currencies does not - a registry of Users/producers. So then I thought, why not take it another level, and offer tracking of solarcoin holders, for the purpose of receiving the $ donated by the big manufacturers? It's the exact opposite of some of the crazy stuff going on with other crypto coins (that push anonymity), where by some form of claim takes place based on the total solarcoins held by registered owners. The blockchain can provide proof of ownership, by solarcoin wallet identifier, and $ could be actually delivered on a per coin basis. It might only be a slight expansion of the current claims repository, with a couple more fields, to include a registration process for those with solarcoin wallets, with real addresses (to send the cheques). The confirmation may be performed in a similar fashion that paypal does when you register a bank account, where they deposit a small amount to confirm the access/identity of the User. Each solarcoin registrant could be told to send a very small, but specific, amount of solarcoin, to confirm they are who they say they are (who owns the solarcoin wallet). Again, blockchain could confirm the numbers.
To increase value, an annual per coin amount could be provided, based on how long the current solarcoin holder has held the coin, at the end of the year…like maybe a penny per coin for each month the current wallet owner has held their coins. This concept would significantly raise the value of solarcoins, as the supply would be so small, with most people holding on to their coins for the annual return, and the demand would drive the price up way beyond the $0.10 annual per coin return. It could bring on the multi-dollar value very quickly; thus making it a very good incentive for investors to produce solar energy; thus providing a bigger incentive for PV manufacturers and others (service companies, etc.) to donate more $ to the cause. It could be a huge benefit, for a relatively small investment?
Let me know what you guys think of this idea….or if I am completely nuts! lol
The registry itself is enough to add value to the technology, I think donations aren't needed. SLR will achieve value through adoption, and who wouldn't adopt it? It's as viable as any commodity backed currency and it's completely voluntary so there's no strings attached. There's so much more that's going to add value to this blockchain also. It's scientifically useful as well, and there's more potential that's not even been thought of yet. *edit: You mentioned donate but I think that's not quite right. If the solar industry invested in solarcoin, then yeah your idea is bright. |
|
|
|
We need to switch over to Proof Of Stake asap. Dont even waste time on other fixes kgw etc. Please help lower my electric bill with POS. What exactly is POS and how would that help with the diff problem? proof of stake. wallets do the work so you don't need gpu's to generate blocks, though you can still use them. |
|
|
|
Difficulty issue needs to be addressed ASAP. We are now stuck at a high difficulty and the main mining pool has gone offline. We will be stuck at this level for weeks if not resolved.
I agree 100%, and I don't have a lot of hashing power (only 1.5 MH/s) but I'm not mining SLR right now because I don't want to encourage the coin rapists. Once this issue is addressed I'll toss my tiny rig back on prominer and if the price stabilizes a bit due just to the difficulty issue being addressed I can start buying some small asic blocks. |
|
|
|
If solarcoin gets picked up by cryptsy one day then the ask on allcrypt will be gone very fast. probably by cryptsy themself.
You know, the Bittrex total 24 hour trading volume is growing impressively fast. Today for example it's 920 BTC. Cryptsy is 1300 BTC. Allcrypt is 12 BTC... I'm slowly getting into the camp of going to Bittrex for trading since we already have the trading pair on there. (They were the second exchange to add us right after Allcrypt). They are climbing so fast, it wouldn't surprise me if that exchange surpasses Cryptsy soon. Maybe we don't need to get on Cryptsy and MintPal? Let's just start using Bittrex more? I think I am going to do my trading there for a while, as soon as I get some money.  Full disclosure: In our Board Meeting last week, this was an item for discussion and the Board recommends NOT promoting a particular exchange, let the market decide. You'll see that point when we release the minutes of that Board meeting. As a Board Member, I agree with that approach. My comment above is my own personal opinion as an investor. I like AllCrypt, their team is smart and quick to address problems. I've used Bittrex also and I'm equally impressed with their site. As it should be, the market will decide where to trade, but I will tell you this, once it hits cryptsy that's where the market is going to trade, haha. People just like to use them for some reason despite their many issues which have been addressed I might add. |
|
|
|
mackattack, I get that you're a concerned investor. Your concerns seem to fall into two categories: (1) concern that the SolarCoin team is BS'ing the community; (2) concern that we're not fast enough or serious enough about technical issues. On your concern #1, all I can say is that it's incorrect, and you will see that for yourself more and more as time goes on and the team shares more information about what we're working on and how things are progressing. Recently we created a Projects, Pillars and Priorities document and publicly released it on our wiki, which shows most of the main things we've been doing or plan to do in the foreseeable future, categorized and ranked by priority. We also had a Board meeting recently, and minutes will be released to the community very soon. We are swamped with work. Our team is working every day on SolarCoin, most of us on average at least a couple hours per day, and we're doing this as volunteers. We are not BS'ing anybody. On your concern #2, we are slow to make technical changes because we want to do it right. We are very serious about making the changes that are necessary and desirable, both in the immediate term and the longer term. The risk of a 51% attack is one that I think perhaps we should study some more, and I will raise your concern on that point to the Board and lead developer. I know brother, and you know I have been a very big supporter. It was very hard to post them, it was done very tacky sure I will regret some of what I said. Yes Solarcoin has 2 major components Crypto/Solar. It may just be me, but I feel crypto and the community has taken a back seat. I get that in 40 years no one will know what cryptocoincharts.info is but they have SLR listed as a Scam under the description. ( http://www.cryptocoincharts.info/v2/coins/show/slr) Yes I know who cares, but I have worked hours on fixing things like this. I guess the diff retarget issues, not feeling like a real priority was just my breaking point. You know how hard it has been for the crypto world to look past the big premined. I know they can't see past it and the reason it has to be there. I also know that making sure the code runs smooth, helps show legitimacy. Look to be a crypto currency, you need to be a crypto currency. I mean there are 500 million SLR permined for promotion and Dev, the only giveaway to date was the 3,000 SLR for a Mac OS wallet. I don't care about giveaways, but just look around normally more then (1) 3k coin giveaway happens. I'm just using this one example to show the disconnect, between the Board and the community. I'm sure someone here, will just think that those last few lines is me with my hand out. It's not, I will take shit over it but it is a good example so I'm leaving it. I think your concerns are not entirely unfounded. You have to keep in mind though Solarcoin is not a crypto currency trying to desperately attach itself to something. First and foremost Solarcoin is an organization with a crypto currency component. It's going to operate entirely differently than your typical crypto currency, it's going to operate like a federal reserve hopefully with less or zero corruption (hear that devs  ). But that's it's strength also, it won't catch on without community support as no one is forced to use it like a government backed fiat currency. It's going to take trust and transparency and probably more time to accomplish this feat. I don't apologize for how I talked to you earlier, you were out of line. I do take your concerns as valid however. |
|
|
|
Man you guys are so right, here I just made my account 3 hours ago. Or was it 3 months ago when I sent my first PM to coinmarketcap please let me know your thoughts on posting solarcoin Thank you
and here was Gliss (coinmarketcap) PM response Next batch of coins. It will be in the low volume section though.
(Just an FYI, PM's dont show in your forum activity) Then knowing that coinmarketcap was getting ready to change the format to coins Available, and after sending Nick a few msg. The API was finally changed Thanks for the info, will update soon. Then there was the Ethereum fourm where I defended SolarCoin https://forum.ethereum.org/discussion/777/solarcoin-ethereumWhile on a Bus using my iPad I brought Allcrypt and coinmarketcap together to create the custom API so we didn't drop off the list everynight The list goes on.... and you guys are so more then welcome to trash me or bash me what ever. I done working hours and defending This coin, you guys know it all and it's been your great Dev's this whole way making all of that happen hasn't it....... You can't build something up and then tear it down, you lose all credibility. |
|
|
|
And you guys made an account just to post this wall of text out of the blue. Funny how one of you shares the same typing mistakes (twice) as another member. Yes, Activity 1 really sells their points across. It's like taking investment advice from some guy working out of the trunk of a Pontiac parked in the lot of the local liquor store. |
|
|
|
come on, grid tie? what's the point of having grid tie? the reason people want solar is because they don't want to sell it to the grid!
You guys are wasting time on doing those useless efforts.
In order to answer your question you'll have to do some research on solar installs. Nice one einstein.. Do some research , I wonder why you haven't sent him to google the answer. And btw , he's right , why bother and what happens when he can't connect to the grid? If he lives 20 km in the desert? I can't respond to mental retardation with intelligent conversation. But I can say this, "yo mammy". |
|
|
|
come on, grid tie? what's the point of having grid tie? the reason people want solar is because they don't want to sell it to the grid!
You guys are wasting time on doing those useless efforts.
In order to answer your question you'll have to do some research on solar installs. |
|
|
|
|
There's a claim process. Your solar system has to be grid tied and metered. Grants are based on name plate capacity.
Check out solarcoin.org for more information.
|
|
|
|
I might be missing but it seems that no one mentions about the SolarMiner company! They are actually the first guys that bringsin solar powered cryotocurrency into the community! They have an awesome product that you can power the USB bitcoin or litecoin miners with solar.
Comparing the value of mining solarcoin, I mean.... why should I mine solarcoin when I can mine bitcoins using solar with much better ROI?
What's the point having another altcoin called "solarcoin" that actaully has no differences at all to any other altcoins and no tight connections to solar?
The main way to acquire SLR is through feed in tariff grants. If you have solar on your house you can claim Solarcoin per Megawatt hour. Each Solarcoin represents 1 MW/h of solar energy. |
|
|
|
Is that DZ's court case or a different one? I can't tell what's going on except not much is being said. |
|
|
|
|
Show Posts
