My destination is in my reach, Mars here I come ~~~ Catronaute

I did that here, and kinda of failled but it was just a few minutes before the drama xD
https://bitcointalk.org/index.php?topic=380130.msg4256377#msg4256377

But yes lets do that In a new thread and lets promote it some much maybe now it will work

Yes so far so good, also the next estimated diff, is not nearly as high as we saw in the last few days which means we are getting better and steady

You want to add the nodes from the op thread if it doesn sync, if you have the latest wallet

Leo, just look at how the well established coins in every category made it, Bitcoin, took almost 3 year to even start getting traded, 5 years to reach a decent market cap and a couple afterwards to reach the 1k barrier and become as notorious as it is
LTC, XPM, RIPPLE all has to go trough a long process, to achieve maturity

CAT is 2 weeks old , it's not even close to be mature yet it's being traded for a fair share of money, sure it is undervaluated when the diff it's over 40, but with the current hash rate the diff normally shoudn't get above that number.

The value will increase that is if we keep this coin interesting, but how can we do that? well I think I've explaned this before in a previous long post, this doesn't happen overnight, it's a long process, requires alot of effort and investiment.

Lets just keep working on it, it would be nice if someone can creat an Android/iOS game, for catcoin, it doesn't need to be complex something catchy, this for example can be an investiment, someone who had the potentional can invest some time to this, if there is no one interessted, some big holders can give android devs an incentive to do so.

I have less than a 100 cat so I'm not a big holder by any mean, I'm just enticed to the catcommunity and been here since day one and want to see this coin succed

just let me them sell, happy buyers are there to take their sells, there is less and dumping tho

How about we do a giveaway to get more attention to the coin? Leo are you interessted ? maybe with Marverick and everyone here we can contribute to something

Edit nvm something weird is going diff back to the moon again

390? more like 150 Mh/s no?

Thanks for your reply, as I explained before the Idea is great, but the problem is how are you going to implement it, code wise I mean, and are you going to do it pool side or on the source code and on the blockchain directly? this is the point I'm trying to explane, it's hard if not impossible to code such a solution, also punishement was never a good solution it always drive people of, with such a system, I think the best would be to reward to loyal people, and this can be done pool side relatively easly but this will again need a cordination between all the pools to have set parameters and qualification for such bonus that everyone would like.

The thing about BTC/LTC, is that they are well established, and pretty stable, there is no alternative to BTC/LTC combo, you trade cats for either then to fiat and not the other way around, and there will always be people mining BTC/LTC because it's a sure value and well estblished, Cat is still young 2 weeks old or so, it needs at least a couple of months to mature and reach such a true stability and when that's happen, you can have a true loyalty system because the coin it self will be really relevant. So to resume I think a reward loyalty system would be good and would enter in the case of the long term project of making this coin valuable and relevant, a punishement system I'm affraid will have negative effect and push off people from joining, (some people wants to try other alternative from time to time without having to pay a price for that for example)

Maverick if you need extra admin for fb/twitter, or if you need a project coordinator, code tester and so on and so forth I'm here to help as much as I can

Ok guys I've been reading the comments I missed recently, although some of them are pretty long (I might be writting one my self right now) but overall it was intereseting and there are some great ideas. (I will take this opportunity to apology in advance for the langage massacre that's going to happen in the few next paragraphs )

Edit : Please take a few minutes to read the whole post I tried to synthetise as much as I could, if you can't you can jump to the different conclusion and Summuries per each paragragh and I apology for the lenght

So without further due, here is my take on some of the points mentioned

-The loyalty system, although it's a good idea, but I believe it won't work simply because it creat more hassle to miners, that would want to join or that are mining but when the difficulty rise beyond a certain level (that they are losing money on electricity and hardware rather than making some) will just leave, not to mention that there is already the pools PPLNS penalty.
But the idea is good, so I suggest if this idea to be implemented, we should take it the other way, instead of punishing people that leaves you reward people that stay mining, this can be implemented pool side, lets people who mine for a week without non stop (a small intereption is acceptable should get a reward of extra cats depending on the hashrate, not this has to be discussed with pool owner and concensus should be made it) lets just take the example from commerce, this would be like the fidelity card for a supermarket, the more thing you buy from that supermarket the more reward you get. but again might be too much hasle for pool owners so overall, I think the idea is good, but in terms if feasability and implementation it is not. so tl,dr Good Idea in theory but not going to work from a practical point of view (coding and implementation)

-Stoping services like multipools, middlecoin and such from joining the party when the difficulty is low, this won't work, we are in a free market, if we try to prevent others from joining and we start to ban and make barriers for others business then the whole point of cryptocurrencies is denied here. tl,dr not going to work and it's counter productive

So what's the solution:

well lets analyse the problem first : the problem is PROFITABILITY and volatility (although the ladder is not a problem right now as the prices are pretty stable and coin seems to be pretty steady) and this is what makes people swing from coin to coin.

So how can you make the coin profitable so people wants to mine and keep mining it ?

Lets define the profitibility of the coin so we can understand, profitability would be :
Mined coins per time unite (hour/day/week whatever) x price of the coin - expensise, this can be translated to a relation between Price of the coin and difficulty we can find a relation to a K factor between Minedcoins per time x price and price / difficulty

So to increase profitability there are theroritically a couple possible combination one of these is enough to increase profitability: increase the amount of coins per block, increase price of coin, reduce difficulty, reduce the block time (which will results in more coins).

In practice, increasing the amount of coins per block or block time, will make the coin lose credibility and value so it's not feasable, as for coin price, we can do something about by making the coin more desirable trough advertising, giveaway, the coin being adopted by more services, but this again will be limited and the coin will always follow the offer and demand and market in general, but again we should keep working on this but it's a long term work and not going to solve the current problem. so we are left with difficulty. Difficulty follows the Hashrate, a good profitabilty difficulty is around 30sh (at current price) and that's what's we are getting with our current hashrate, now the problem as mentioned before is when other pools joins in when difficulty is low, and make it rise to the moon and leave, the first fork reduced the difficulty retarget which make the retarget faster and solved a part of the issue, but it didn't solve at all the issue of difficulty swing.
So tl,dr in practice we should focus on advertising the coin and getting more services to enhance the coin ecosystem and increase it value, but this a long term work, in short term we should focus on difficulty especially solving the problem of the difficulty swing

So how to solve the problem of difficulty swing ?

I think the part of the solution was mentioned before, which is to reduce the amount of difficulty jumps, I think the current maximum factor is 4x but going from 30 to 80 is still huge and without reaching that limite, so I think that the paramater that should be modified, is that factor, and make it something like 1.5 or something like that (to be discussed of course we can do the math it's not that hard to find an ideal number), but not only for difficulty increase, it should be for the decrease aswell, because it's the sudden decrease that makes other pools join in, so with a factor like that the difficulty will reach a level where it will become steady.

So to resume everything, we should keep working on enhancing the coin with a long term plan, which would be building a strong advertising plan, also pushing the coin to as much services as possible, another important part is getting media recognition (I tried to writte a wikipedia page but there are no "good" references that I could use) this can be easly done, by tiping webmagazines and techsites and stuff like that, just make sure you writte something that may get their attention and make them writte a whole artical about it. Short term would be fixing the coin parameters to solve the issues we are having with the Difficulty (difficulty swing) , And the most obvious solution for me is to reduce the maximum change factor from x4 to something more realistic (if it is possible code wise but I think it is)

Regards,

add note bro, either copy the coinyecoin.conf file to your /user/database/roaming/coinyecoin or do it via cmd command

rcpport ?

Great news! now I know who to flame  when I don't see facebook updates for long periodes
Good job man, you can add the casino, the cat dice, ask people to vote for our coin to get listed in shoping sites and stuff like that.
We should get Cat on Coins-e they were interested till recently but all this shit I think their plans to add the coin or on hold to say the least

Edit:  Oh yeah and to keep the FB page relevant, it would nice to have some interaction with the people like doing some quizes, or some competitions with small give away and stuff like that, so people really follows everything on that page

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Son you'll remain Junior for ever!

If you are active enough, it should be gone in no time

grand children education will get payed aswell ? might be a good time to buy doge with cats

DAMM! WTF IS THIS SHIT, that 2k sell went down in a sec.......

@ the same time looking at doge T_T