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21  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread on: February 24, 2014, 09:41:51 PM
I only have 8 particles at the moment but trying to hatch some daily now form a new faucet that I found for PARTICLES. What are the best properties of this coin and what are the safeguards to keep it popular and growing?

I personally think some of the best things about this coin is the advancement of the wallet from the visual aspects(what other coin has a completely different wallet?) but most importantly, the app store within the wallet.

The app store is going to be a great functionality for the end user and will create amazing growth to the coin IF we can promote the coin right to bring in developers. Our first promotion to the coin should be geared towards developers rather than mass public. We can't launch the wallet and be "successful" if we dont have apps within our app store.

The app store along wont draw users into the coin UNLESS there is a reason too be drawn to it...the reason being that there wont be an abundant amount of apps on the store so no point to join the coin if no apps to download/purchase.

As Kevin Costner said in his movie: If you build it, they will come applies to this coin. If we build the app store, if we populate the app store, the masses will come to the store, its a given. Amazon launched their store way late in the game, but yet they are VERY successful(granted their marketing team is amazing and they have the financial backing).

An idea for apps to release would be going through some of the most popular apps that have cropped up recently such as "flappy birds" and release it within PRT's store....for free. I personally believe(hard for me to be subjective) that at the start we need to release these apps for free to grow  the user base, and then we start to charge for apps.

Maybe release the app in stages (example for flappy birds) -
stage 1 being free with only a few levels or few features
stage 2 being charged for more additional features
stage 3 allowing users to rate and vote for specific levels to be implemented in near future(only able to be apart of stage 3 if you've purchased stage 2, or upgraded from stage 1)

For me personally...a cryptocoin that i can mine to fund my purchases in app stores along with other uses outside of the app store is a great move for technology. Think about all the apps within the store  that generate income via ad's. Companies can advertise within apps and have a PPC or PPV feature and be able to pay micro transactions. This alone is what people are talking about why bitcoins are so great and a reason companies are looking into it. They can decrease their advertising budget but yet still be paying half a cent per view/click and not be charged up the ass for transaction fees.
22  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][APP] Appcoin - Digital currency for digital products |LAUNCHED| on: February 23, 2014, 07:48:10 PM
120 BLOCKS MINED IN 30 MIN. DONT INVEST INTO THIS INSTA-MINE COIN!!!

The multipool hash cow did get  409 blocks of 14724000 coins. Which 1,846.005736 was may part of the share. That is one reason why the hash rate got so high so fast.

Of course multipools are going to autoswitch to new coins like this.

Switching to new coins to gain shit ton of the coins in a few minutes will earn them massive profits IF the coin succeeds. The problem is they jump on these new coins so fucking fast that everyone else realizes what is happening as this coin is seeing and they all bounce so the multipools are stuck holding the bag of stinky shit that no one wants.

That being said, LET THEM MINE THESE FUCKING COINS! THe more times the fail, the more they lose and EVENTUALLY people will stop mining with multipools that switch to brand new coins.
23  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][APP] Appcoin - Digital currency for digital products |LAUNCHED| on: February 23, 2014, 06:26:54 PM
fail!

Pretty sure i am not going to listen to anything you say considering you've got a giant warning sign next your profile...
24  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread on: February 23, 2014, 06:05:37 PM
Please vote in the poll about the block reward increase:

http://forum.bitparticle.com/viewtopic.php?f=4&t=282

The poll runs for 5 days.  You can only vote once but you can change your vote if you change your mind.

Thanks!
Yes, please vote and provide input!

Vote Vote Vote Vote! All votes matter and if you have any relationship to PRT, VOTE!!!!
25  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread on: February 23, 2014, 03:10:07 AM
Where can we see the total hashrate of the network? I can see the hashrate of my pool but I have no idea about the network hashrate...

If the hashrate is correct, maybe we can just extend the 90 coins block reward for longer (6 months or so) instead of increasing the block reward... Because if my calculation is correct, block reward will halve again in 13 days or so. If the new wallet is not out by then and the price stays the same, more miners will leave and the network might be in troubles...


network hashrate == difficulty * 2^32 / 15       ## ( 2^32 is the max hash value the miner is looking for in 8secs ) (15sec blocks )

so at the current difficulty 720.5789057 * 65535 / 15 = 3148209.2390033 = 3.14 GH/s


are you sure?
2^32 = 4294967296 and not 65535. this would mean the hashrate is extremely high...

but:
my pool says it has a hashrate of nearly 0.4GH/s and it gets nearly all blocks, so i'd guess the net-hashrate is somewhere at 0.4 GH/s


coinmine is reporting 0.386 GH/s
http://prt.npool.org:2300/static/ 0.025 GH/s
forkpool 0.0048 GH/s
http://www.mine-pool.net/ 0.008 GH/s
prt.suprnova.cc 0.001 GH/s


Yes.  Going  by the hashrate of the pools I have found my humble calculations are incorrect.  Unless we have solo miners..


Definitely believe we have solo miners under the woodwork that dont talk or participate in the community.

I operate solo due to smelter only allowing solo mining. Though with my setups if I could mine pools, I would. it wouldnt be to hard to distribute my hash rates out across everyone's pool to help stabilize the distribution.

Seeing 1/8 of my profits go to the creator suchs, but understandable for him to take a portion of profit and not release pool based miner. I give smelter props regardless
26  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][HVC] Heavycoin - CPU-only, Ultra-secure, Decentralized Voting on: February 22, 2014, 08:10:47 PM
is IPO still open? Thinking about tossing some BTC your way:)
27  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread on: February 21, 2014, 10:39:54 PM
My wallet.dat file is where you say it should be (C:\Users\your_user_name\AppData\Roaming\Particle\wallet.dat). I did the shortcut method and it's now appearing to load my wallet like last time so it could take over an hour or more to finish like last time.

Thanks for all the help......

Sounds like your wallet just needs to resync again. Let it run through and make sure at the bottom of the wallet it goes through the sync'ing process. Once it catches up to the network/fully syncs you should see your coins and transactions again.

Did you create a backup of your wallet by any chance? if not, you might want to create a duplicate of that wallet.dat file(though i tend to play it safe and create a backup of the whole "particle" folder within Roaming.

28  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread on: February 20, 2014, 07:55:13 PM
That point of sale setup is pretty slick though.  I wonder if it could be simplified even more to be something like Square with the iPad.

Thats an interesting idea aswell. If only i had the pay of a high end CEO i would definitely experiment with these ideas;P
29  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread on: February 20, 2014, 04:53:39 PM
This is interesting concept for payment systems: https://www.coinkite.com/

Thinking more on the idea moonmoon had for how AOL functioned with mail and the whole CD thing.....

What would really drive people into particle would be mailing out free wallets on a USB style stick which the user can plug into their computers to use via USB(or something very common). The stores/companies that accept PRT could have a POS computer which is connected to the internet/PRT network that has a small screen which displays your payment QR code and has a USB style port so you pay directly from the wallet USB. You could have your own design for the USB plug part similar to how apple did with there USB based keyboards.

coinkites method is a bit funky IMO because they are physically printing out the receipt. I dont see why you couldn't just store that data within the wallet on the USB stick which functions within the app store.

Very interesting move for cryptocurrencies right now regardless. I think the third party companies such as coinkite working in collaboration with the dev team to craft such a product would be required as this would allow both security to come from both ends - the wallet/coin side and the app/payment/POS side,

That would give not only confidence to the user base, but it would also put the weight of the security threats on both sides rather than one or the other. Its like saying the Fed Reserve and the Government take blame individually when actually it seems both are taking hits from the public.

This would make the two a "higher" power which would drastically increase security across the board and who knows one dev team would be able to donate time to the other when needed and time is free

I apologize for the garbled wording. My mind is everywhere right now:P

Cant we use tech that's been around like prepaid credit cards since the infrastructure is already there attached to all POS systems. All we would be doing is modifying whats encoded on the magnetic strip.  I mean even if we use your idea with usb sticks the prepaid cards could be for people who don't want to use or carry around a USB stick. People already carry around CC daily a USB stick could be for more tech types and business types. thoughts?

I was thinking about this idea as well(using credit cards). But i think USB sticks are a little more usable as the consumer would be able to plug into their computer and run the new(unreleased) wallet from there.

THough thinking more on this idea i was going to say USB sticks allow users to see how many PRT they actually have when hooked up to a computer, however with credit cards, you aren't able to find out except by logging into your bank.

One down side of the magenetic strip design would be potential theft of the strip data. Some people may have concerns over this?
30  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread on: February 20, 2014, 01:08:39 AM
This is interesting concept for payment systems: https://www.coinkite.com/

Thinking more on the idea moonmoon had for how AOL functioned with mail and the whole CD thing.....

What would really drive people into particle would be mailing out free wallets on a USB style stick which the user can plug into their computers to use via USB(or something very common). The stores/companies that accept PRT could have a POS computer which is connected to the internet/PRT network that has a small screen which displays your payment QR code and has a USB style port so you pay directly from the wallet USB. You could have your own design for the USB plug part similar to how apple did with there USB based keyboards.

coinkites method is a bit funky IMO because they are physically printing out the receipt. I dont see why you couldn't just store that data within the wallet on the USB stick which functions within the app store.

Very interesting move for cryptocurrencies right now regardless. I think the third party companies such as coinkite working in collaboration with the dev team to craft such a product would be required as this would allow both security to come from both ends - the wallet/coin side and the app/payment/POS side,

That would give not only confidence to the user base, but it would also put the weight of the security threats on both sides rather than one or the other. Its like saying the Fed Reserve and the Government take blame individually when actually it seems both are taking hits from the public.

This would make the two a "higher" power which would drastically increase security across the board and who knows one dev team would be able to donate time to the other when needed and time is free

I apologize for the garbled wording. My mind is everywhere right now:P
31  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread on: February 19, 2014, 11:05:03 PM
Moonmoon - Dont listen to these people who seem to fail to realize what it takes to build out this style of program. I would not be surprised to hear you say you've doubled the code count if not tripled it by the time the final wallet launches.

I am a professional QA tester and have lead many teams primarily in the gaming industry. I've worked on prelaunch titles for Kinect and Xbox One and have managed multiple groups of people. With my background and knowledge, i would MUCH rather you continue to iron out the wallet and make it as stable as possible and also make it so that its stable for the implementation of new apps.

^ THIS alone will be one of the BIGGEST reason a community dev will want to move over to PRT and program on it. No dev will want to create an app on a system that barely functions and crashes most of the time. The second thing that will bring them to this will be the fact that they can create their apps and distribute them.

Don't listen to these so called investors who invested "thousands" into the coin. They will be kicking them selves thinking wtf did i do? Why did i sell on JUST RUMORS. We are not a penny stock, we are not here to pump and dump this coin, we are here for the long haul and are here to have a coin that is valuable and a big player in the cryptocurrency movement.

_______________________________________________________________________________ __
I'm sorry investors for saying this, however MINERS are the SOLE reason your fucking transactions go through. Without us, you have a coin that is valued at nothing because you can't fucking get one coin from your wallet to another wallet. WE VALIDATE YOUR GOD DAMN TRANSACTIONS
It angers me quite a lot when investors of a coin fail to realize how important, we miners, truly are. Higher network hash rates = security of YOUR INVESTED COINS.

At times i've put my whole mining operation on this coin. That is over ~43MH/s on the network. As such i have to be somewhat profitable to keep my operation going since i currently have no job and no source of income. That said, i've left 20Mh/s on the coin and moved the rest ~23Mh/s over to other coins for the next few weeks to be able to fucking pay for my electricity. I would love to see an investor try and run a operation that totals ~43Mh/s AND be unemployed AND try to cover expenses of your operation. This coin has a bright future, however the investors are short sighted and do not realize that mining does cost money not just to purchase hardware but to also operate. I think investors fail to realize we miners(i am a small timer) have to actually purchase hardware and put time and effort into keeping these things going more so than saying "this coin looks good, im going to buy it with BTC". You fucking press a few buttons on a computer and you are apart of the community coin rather than spending hours building out your rigs, monitoring them each day making sure temps are safe and stable and your hash rates are not suffering due to some unknown cause.

If your going to throw math on the table, then i shall do so as well to show YOU - investors who think miners aren't that important and investors are more important - how much it really costs to operate my single small scale mining operation.

1 rig = 1.6Mh/s =  43Mh/s total
1 rig = 950W(not including anything other than the mining hardware alone - mobo,cpu, gpu's, PSU - Does not include cooling)
43 / 1.6 = 26.875 - I actually have 27 rigs running
27 * 950W = 25,650W EVERY FUCKING HOUR
25,650W = 25.65kWh
25.65 * 24hrs = 615.6kW per 24hours
615.6kW * .12c = $73.872

It costs me $74 per 24hours to operate my small operation. That doesn't seem like much however multiply that by 365 days for the year that equals out to be $27,010 jsut to power the units themselves. This does NOT include cool of the units which during summer can double the costs at times. This also does not account for the 15hours a week i put in to maintaining my setup, keeping the units clean and dust free and also expenses that arise such as needing new motherboards or a new cable or a single zip tie.

With that being said, i could easily make double what my costs are if i strictly mine LTC, however i do not do this because I SEE a bright future in this coin however mining something that does NOT pay for your electricity alone is not worth my time and from a business standpoint, this is what causes companies to go bankrupt and fucking fall to the ground. You can not keep paying out of pocket to keep the company afloat just because someone else wants to do things 1 way regardless of how it affects everyone else.

When you have no income and solely rely on the money you have in the savings, it is hard to justify dedicating your operation to a coin that does not even pay enough to cover electricity. I'm sorry for all you investors who wanted a 10 fold return in a few weeks, however you have to be patient, and NOTHING is worth your investment if you expect to return that much. You might as well give your money to the penny stock pushers as the returns of such are always followed up by a major crash due to the "pump and dump".

Again, i dont intend to be a dick, or a jackass, or rude, however you must think about the long term value of Particle Coin. Moonmoon did not propose increasing the coin count, simply increase block rewards. The increase of the coin count would make ME leave this coin all together as right now we dont have the support to do this. DOGE coin got away with increasing coin count due to the large flow of people on the coin.

Increasing block rewards will solely draw more users to the mining side of the coin which in turn will increase the total hash rate. The increase of hash rate will mean that your transactions will be validated and processed and give better security and less of a worry about a large botnet moving in and starting to manipulate your trades.

With the increased network hashrate, youll see an increase in difficulty which means that the miners will receive more per block, but will take longer to complete that block - in turn its about equal to where we are now.

Most of the investors commenting are saying its "its stupid", "i dont liek this idea", "this is bad" but fail to realize they aren't being helpful at all by saying this. You are just adding spam to the thread and not offering any solution to what we should do to keep miners around.

I AM STAYING WITH THIS COIN AND THERE WILL ALWAYS BE SOME OF MY MINERS ON THE NETWORK REGARDLESS OF PRICE This coin has a bright future and because you've "lost faith" in this coin and sold your entire stash - I want to personally shake your hand and say THANK YOU, you've sold to me at a wonderfully cheap price and your beautiful Particle's will now live well in my wallet. So Thank YOU!
32  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread on: February 19, 2014, 05:01:25 AM
I'm feel increasing the block reward will just sacrifice the coin in the future for more hash rate now.  What is the long term point?

It seems that many here don't understand how crypto coins work.  Mining is required to produce blocks that are needed for transactions.   However mining costs money.   Right now PRT holders are expecting miners to lose money so they can benefit from the coin.   The problem particle has is because of the early extremely high awards quickly distributed most of the coin.  

There is basically two choices I see.  
1) Make the coin attractive for mining
2) Force everyone (through the wallet) to participate in some kind of p2p mining.   However the code for that is much more complex, but it seems possible.   For example, one problem that would have to be dealt with is you would get very tiny mining awards that would end up limiting the transaction sizes.

A third approach is that if everyone that wanted the coin to succeed would also mine it.   However that wouldn't be profitable for most people.    Still if enough people did it the network health would no longer be an issue.   I just checked the difficultly and it was at 545.   It tends to cycle up and down.   Anyway clearly some people are still mining.  
I really like the sum up of this post. It isn't the only option, just probably the most simple at this point. Should we thrive for the simple solution? Most of the time no, but this solution is simple and has much less negative effect than some seem to think.

It's important to realize this change is merely returning the reward to what it was a little while ago. Which still respects the original distribution plan to a large degree. (More than 50% mined in the first couple months). In the grand scheme of things it's merely prolonging a prosperous mining reward for a little while longer while having limited effect on overall distribution.

I'll also add, do you prefer a dead coin that has little rewards or a coin kicking strong with a slightly changed distribution plan? I know I'm for the latter. And that fact alone should drive the price up, not down.

have to agree with both of you.

I prefer the latter as well.

I am a miner of PRT, not because i want to "get rich" like most people here, but because i see a future in the coin. Yes i lose money every second i mine PRT, but in the long haul, 4 years from now, i can see PRT be a large player in the market. I dont think ill be "rich" per say, but i think i will have my costs covered regardless if that means i am taking a hit in the wallet(I am unemployed and ahve been for the last few months) and so spending personal time AND money to keep my miners on this coin grows harder each day, though i do not quit because its costing me money.

If i wanted to make money, i would be mining LTC or DOGE coin. I can mine those coins at quite a profit and cover all my expenses PLUS grow my stash, hwoever i do not believe in those coins as i believe in PRT.

Rewarding miners now to bring MORE people into this coin is one way we can grow our user base as well as keeping the coin afloat.

As stated before, the way crypocurrencies function is via transactions. Those transactions do NOT occur without miners. Miners do not mine a coin that contains no transactions(why would you?). It goes both ways and we miners need; you investors, and you investors, need miners.

Wihtout miners the coin will fall apart and we will see all our great efforts and ideas of a community and explode like the Space Shuttle  Challenger.

Moonmoon - If we can get this coin growing big enough - or we can get price high enough, we need to start coordinating with manufactures to mass produce USB sticks of some sort to start mailing out to the public - Shit i'd be way happy to go door knocking and hang flyers on peoples doors that have a USB stick that contains an encrypted wallet to kick start people into our coin!


But as another user said, we both have valid points - from miners side and from investor side, and we all need to take a step back, look at this in detail and find a middle ground that is right as im sure both sides of the arguments are overlooking something. Only time spent in thinking logically from both sides(i know its fucking hard) will help create a common ground where we can figure out the RIGHT solution regardless of who's right.



33  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread on: February 19, 2014, 12:08:31 AM

This kind of decision is breaking trust between you and me. You're screwing all peoples who put money into the coins and who keep working on it. You'll make peoples losing money, and you'll break more trust.

Miners are mining because of the market price short-medium-long term. They mine profitable coins or coins they trust. Miners are selling to guys like me.


You say miners are mining because of market price. That is false. I mine because i see a future in PRT, just solely because of price. You state you are an investor, so how can you say what miners are mining for?

Also i see no reason thsi would make an investor lose trust? Yes maybe the "unintended" block change would fall under this "lose trust" category, however the change is NOT, i repeat...NOT increasing PRT count, we are just shortening the time frame of which the final coin will be distributed out.

This in turn means that the final coin will be avaliable to the public at a shorter time.

As stated by matauc, changing the block reward has occurred on BIG coins before such as LTC and we did not see a severe drop on price. I personally do not see a reason why a price drop would occur.

The coin holding community of PRT is resiliant to selling their stashes at current prices, which means ones who want to BUY PRT is stuck continuiously increasing their buy price until one of the miners decides to sell it.

I sell anywhere from 10k-30k REGARDLESS of price for every 100k coins i mine. The reason being i want people to BUY the coin and i want the markets to continuiously change on pricing. It gives me a sense of security on more people having coins to go around.

On a small side note, selling 100 PRT increments for a total of 30k is VERY time consuming and demanding. I specifically dig through the exchanges to find specific buyers of this coin to sell my PRT - i dont want one user to potentially gain the 30k that im distributing out.
34  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread on: February 18, 2014, 10:27:31 PM
Block reward is a specification that you should not change at this point, it's manipulation, coin would have a different value ... it's just not an option.
It isn't really affecting the market. And even if it did in a relatively significant manner, you still have to ask yourself, does the good out weight the bad, and it definitely does.

As a PRT miner from pretty much week two, and a miner across multiple currencies, i welcome the higher mining rewards.

The reason being i've watched the price of PRT increase and the block rewards decrease and the difficulty increase.

With that being said, i will make MORE per block now with a higher block reward than i did with the blcok reward where it is now.

Yes, i may see a price decrease after the block adjustment, however with more people willing to mine, and a wider distribution across who owns the currency means longer term support of the coin and a wider range of people are willing to enter/exit the coin.

I welcome the increase in block rewards as my income in PRT per hour increase X amount. With that increase, we see the decrease in price for now(we dont even know if it will decrease) which means i mine the same VALUE per hour(or roughly the same); however this gives me more of an incentive to continue to mine as i am gaining MORE PRT per hour which means in the longer term when/if the price reaches back to the same value as it was before the adjustment, i'll be that much richer.

From a pure miner's perspective, if we double the amount per block mined, the miner now has doubled his PRT income every hour/24hrs. The price drop of PRT would have to fall in relation to the block reward(not always true but in theory it "should").

If the value per PRT falls in relation, that means my income has NOT changed based on what ever currency you are cashing out too; however your income HAS doubled per hour due to the block reward in PRT. In personal opinion, i do not calculate my profits based on what the value of the coin currently is trading at, i calculate it based on what the future price will be.

Each miner has their own reason's for mining, however a higher block reward now, means that the current miners will gain more PRT per hour which in the LONG TERM means that they will have mroe to sell and in turn have MORE profits.

Every 100,000 PRT mined, i sell off 10k-30k based on different values on what buy orders are on the market. Some of you think someone's stupid for selling at a lower price, but i look at it as a donation. Sometimes a trade is made for 6PRT, sometimes its made for 20PRT, sometimes 30kPRT.

I WANT people in this coin, I WANT to see this coin grow, I WANT to see PRT to become a dominate competitor to the higher end coins such as LTC/BTC. We have a bright future ahead and yes me selling at low rates means im not "getting rich", but it means that the stash of coins that i retain will become worth even more with each new user we gain.
35  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread on: February 18, 2014, 05:39:17 PM
Coinedup is giving me troubles for buying PRT :@ Me no like this:@
36  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread on: February 18, 2014, 05:13:16 PM
We could bump it back up to 180 coins, or 360, for a longer period of time?

Let's tackle the block reward first.

I would say that 360 is the minimum. Ideally I would say 780 to attract more miners...

For the period of time I would say at least 3 or 6 more months.

I would also agree that 360 is on the min end of things(keep in mind i am a miner though, so even though i try to think from the middle of the road, i may unintentially be thinking more to one side than the other).

Depending on timeline projections, we should be looking at payout rates based on when new releases are coming out(new wallet and such). If our rewards are too high and the end date is too soon, we'll hit our cap faster than we want and shoot ourselves in the foot. Dont want massive rushes of miners in here jsut to get high rewards and cash out fast.

In all honesty, i would like to see our price increase at and be stable with the increase and continuous influx of users in the coin while keeping payouts the same, however this has yet to happen so the change must happen.
37  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][RDD] Reddcoin - the coin of the internet! UPDATE TO v1.1 on: February 18, 2014, 04:47:35 PM
Hello

We would like to add this coin as a payment method to our very popular travel site Kayak.com.  We believe this will attract increased business from the younger crowd.

Please email me for futher instruction.

Is this legit? Hopefully the dev's see this...

I very much doubt that it is legit

If this was legit, i would be quite concerned with that user's brain. A company of that size would not just go and post on a forum asking for the dev to email instructions. They would directly reach out to the dev BEHIND closed doors to talk further.

Do you think overstock.com posted on a BTC forum post to ask how do we implement it? the answer is NO!
38  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread on: February 13, 2014, 06:52:34 AM


Social ad Smiley

Loving the ad. Theres something to that new logo you've got. It's quite grown on me and i'm really loving it! I think that and the particle splash effect goes quiet well together and i think moonmoon should really really think about adopting it:)
39  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread on: February 13, 2014, 06:50:48 AM
I am halfway excited for cryptsy acceptance. Halfway being more exposure for the coin, however i am halfway not excited due to the fact that i HATE trade fee's. I trade in real life and fees are my number one hater, hence why i quite like coinedup!

I dont think the coin has gone into enough peoples memory for it to support a large flux of exchanges. If we can grow the coin to be more widely accepted and thought about in peoples mind, we can then get a large flow of exchanges going, but i personally dont think we should jump the gun on getting on a large number of exchanges.
40  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread on: February 11, 2014, 10:12:53 PM
I am in the process of starting a consulting service.....which if the whole cryptocurrency movement doesn't crash, ill start accepting BTC/LTC and PRT. To give PRT a boost, ill be offering discounts if paid with PRT...the coin that i actually see value in:)

Though hopefully i can get things kicked off sooner rather than later, but as usual, real life situations come first before side projects.
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