This is one time where policymakers being totally ignorant about the internet actually works FOR us.

By the time they try to "do" something, it will be hilariously too late - the network is too widespread now. Couldn't happen to a better group of bribed jackwads.

I am well aware of that calculation.

Still as someone else in here already wrote: The stick definetly is overpriced because production cost can't be that high. From what I found in those forums the current per unit price for the Avalon chip in BTC is at about 0.09 in the group buys.  Someone else in the forum is offering to build 10 or 20 chips into a nice miner for just about 1 BTC on top of the cost for the chips. That's essentially the same price as the Block Erupter at ten times the mining power for the 10 chip version. And I am currently looking into hopping on that boat instead of wasting my money on this thing here.

GLDCoin - An Scrypt Based Currency With a More Favorable Block Reward Than LiteCoin

I can't speak for Jasinlee beyond what he has publicly stated to the community, I have no desires to start a rumor mill. I hope they succeed as well, as it is only good for the network. It is great there are others taking the initiative. We'll let our work speak for itself


I find BFL's situation appalling, they are certainly a good example of what not to do

When funding time comes we'll have a real number to hit to meet the requirement for a certain number of production units before receiving the funds, anything over would start the fund for batch 2.

We are eyeing a price/performance target similar to an upper end GPU, while being a lot less costly to operate long term.


We'll, I can say watching the devs chat is like a different language to me, even with my own technical background. Our design is in progress, much of which currently is certainly centered on the best route to take on many specific aspects in regard to Scrypt hashing. I'm careful to release more information that we should, but I'm dying to give a proper update  
Well, anything for the cause  


We can always use more motivation



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lets get this wagon stuffed

Ok peter

I noticed someone just put up a block explorer for WDC and the site looked like it had block explorers for a few other coins too.. maybe get in touch with them about adding a GLD block explorer? I can't remember the post/site but I will try to find it again..

and that's what we are doing, fuck the rest 

Ted Nelson, the American academic who in 1963 coined the term hypertext, and is therefore viewed as one of the World Wide Web’s founding fathers, just released a 12-minute video with a big reveal at the end: The inventor of bitcoin, says Nelson, is probably Japanese mathematician Shinichi Mochizuki.

Nelson offers no direct evidence for his conclusion that Shinichi Mochizuki is behind the pseudonymous creator of bitcoin, Satoshi Nakamoto. Instead, in his eccentric way, he offers plausible circumstantial evidence about his theory, outlined below. Internet surfers and the press are bound to investigate furiously.

1. Mochizuki is the kind of genius who could create bitcoin. Whoever created Bitcoin has the intellectual might of Isaac Newton, says Nelson. Mochizuki’s work as a mathematician has cracked some of the simplest and toughest problems in his field, attracting global media coverage.

2. Mochizuki, like the creator of bitcoin, is fond of dropping brilliant works on the internet and stepping back. Bitcoin was released by a pseudonymous programmer (or programmers) under the name Satoshi Nakamoto, who then disappeared from the internet. Nelson compares this to Mochizuki’s style of delivering his work not through academic journals, but simply by dropping it on the internet and walking away. (Notably, this is one area where Nelson gets his bitcoin history wrong: Satoshi Nakamoto didn’t just drop bitcoin onto the internet and disappear. He, she or they, engaged with the community for some time over chat and email before disappearing.)

3. Mochizuki could easily have written all the correspondence associated with Satoshi Nakamoto. Despite being a Japanese professor at a Japanese university, Mochizuki’s English must be quite good, says Nelson, because he was the salutatorian of his graduating class at Princeton, and he completed his undergraduate education in only three years. (Nelson doesn’t note this, but it’s reasonable to expect that Mochizuki is actually a native English speaker; he moved to the US with his parents when he was only five years old.)

It’s worth noting that at least one expert in the cryptographic aspects of bitcoin doesn’t believe Nelson’s theory. Here’s Ryan Lackey, creator of Sealand, the world’s first data haven, refuting Nelson’s video:

Bitcoin’s creator is Japanese mathematician Shinichi Mochizuki, says hypertext inventor

Maybe he is around and you and me dont know it.

Well high-five to you then sir. You have an excellent product on your hand if it all pans out. You should go full steam ahead with this.

Be fantastic to augment mining rigs with some usb asic's.

Hell open up a new company with stocks at BCT-TC to raise funds while your at it, because I'd like to buy in.

I do.

I think this coin could manage to take of, mainly because as was already posted in this thread, the wealth was spread around a lot which helped make the launch more successful because people are more interested in a coin they actually have.