its just not profitable enough anymore to justify such price, the pace of change is greater, 3 months+ until ROI brings too much uncertainty GPU's are still the best buy, reselleable, multi-algo and now cheaper |
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This was discussed a few pages back, I've made winevirus & zeitcoin aware & requested an update on whether this is 'normal' or not. it is normal, you are not losing any coin-age, subsequent blocks will include all txo that meet the minimum coin-age requirement |
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The driving force behind the price and attention should be what we're achieving to improve civilization and what we're building towards. That's what needs to attract people, not the profit motive. If the profit motive
you misunderstand TZM purpose, we are not here to build a specific model, we are here to spread awareness and advocate a new train of thought that will lead eventually to a public discussion on the matter from the leaders of our current world. You can do things on your own in line with TZM, but at your own risk of focus, time and money. TZM cannot compel people towards specific focuses, they are too many, there is too much complexity to know exactly how to utilize people towards specific action.
I have plans that will lead us to direct action like so many of you want, but such initiatives take time. Im certainly not the only one pushing for direct action.
I think you misunderstand TZM. TZM itself is a profit motive. They accept donations. Both TZM and Venus are for-profit companies, and both are doing nothing in their own ideas. What they're doing is spreading the idea, and making money doing it. They themselves will never actually move into what they say they will. That is the problem with TZM. Also, saying TZM ideals are not for profit is incorrect to. In order for it to be completely non-profit, everyone would have to give everything away for free, not barter. In the end people will barter for profit. There is no way to remove the profit motive. The idea is to move into that kind of system, which TZM itself is failing to do. Their ideals will just make profit in a different sense. In the end, TZM is nothing more than a news channel that has actual real details people need to know. They'll never do more than that. What we need to do is be more than that. We have to bring attention the proper way, and prove we're willing to work towards it. What Zeitcoin itself needs to become in a alt coin that is used for good. Donations to science, donations to charities or fund raising, etc. That's the kind of stuff we should be doing. This is misinformation, idk where you got it from. TZM is not profit motivated, TZM does not accept donations, individuals do, such as Peter Joseph, for his work. The Venus Project is a for profit organization, but they have their reasons. Please go read the Zeitgeist Movement Defined, you do not understand what an NLRBE is. In an access community people dont need to barter, there is no need for profit. TZM is a movement, a collective of activists. If you think educating the masses is not working towards what we advocate, you have no idea what it will take to change things. |
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Those getting orphans, its fine, just relax. Your coin-age has not been destroyed, infact it should be part of subsequent PoS blocks you mint.
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The driving force behind the price and attention should be what we're achieving to improve civilization and what we're building towards. That's what needs to attract people, not the profit motive. If the profit motive is the primary cause for people being drawn
All the things Mr. Fresco and Mr. Peter Joseph talk about is just that, talk. They are just preaching ideas and putting out videos, hoping against hope to inspire some rich person in the capitalist society to donate a lot of money to actually kick start a project with a high initial investment requirement. But nothing seems to actually have happened yet as far as I'm able to tell, based on lack of news.
See, that's my concern with TZM. They denied us because we don't fit their plans, but at least we're attempting to move away towards a centralized system. It may not be the end goal, but we're making something called progress, which is something TZM fails to do. This was why Zeitcoin became more of it's own movement. When you look at TZM, they don't accept anything that isn't their own ideas, and they don't want progress, they want instant change or nothing, and that's not way the world or the human race work. Their initial concept was a great idea, but they're continuing to decline. Zeitcoin can be used as a real way to help progress into the ideals that TZM. TZM has become nothing more than it's own controlling government, and it's their bartering system or nothing, which ideally, is the same as a centralized currency, because you have to fold to their idea or nothing. Hopefully Zeitcoin can make a difference. That's why I support it. you misunderstand TZM purpose, we are not here to build a specific model, we are here to spread awareness and advocate a new train of thought that will lead eventually to a public discussion on the matter from the leaders of our current world. You can do things on your own in line with TZM, but at your own risk of focus, time and money. TZM cannot compel people towards specific focuses, they are too many, there is too much complexity to know exactly how to utilize people towards specific action. I have plans that will lead us to direct action like so many of you want, but such initiatives take time. Im certainly not the only one pushing for direct action. |
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Finally DEAD. Enjoy your CRAPTSY
And think twice before paying BTC to this scam asshole, they killed this coin. Coin almost without supply, lol, just like ECC and Mint moved to LTC.
wtf are you talking about..... what a noob! hey sammy did you really think a coin with 40 billion wasnt going to dip into the ltc market during inital distribution phase? im sorry im probably using too many big words for you. clearly the coin is dead. the blockchain has stopped. zero people are mining. youre right. PLEASE sell all your coins at 1 sat and be done here. They REMOVED BTC market, you moron. so? we can still push up with LTC values Ok, go and pump it. as soon as cavirtex can update my balance i will setup a wall on cryptsy |
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Finally DEAD. Enjoy your CRAPTSY
And think twice before paying BTC to this scam asshole, they killed this coin. Coin almost without supply, lol, just like ECC and Mint moved to LTC.
wtf are you talking about..... what a noob! hey sammy did you really think a coin with 40 billion wasnt going to dip into the ltc market during inital distribution phase? im sorry im probably using too many big words for you. clearly the coin is dead. the blockchain has stopped. zero people are mining. youre right. PLEASE sell all your coins at 1 sat and be done here. They REMOVED BTC market, you moron. so? we can still push up with LTC values |
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relax, patience
you are all too much in a hurry, im happy with a crypto-currency with TZM supporters
we need a decent communication platform and project platform before we take any action for those part of the community.
using a single thread is not very efficient or inclusive of the majority
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Can someone explain the "minting" process to me? I have 9 entries that say "Mined," but only the 8th entry has confirmed. The others have not (and the 9th one literally just appeared). It's been a couple hours and they still have 0 confirms. What's the secret?
secret is to wait till they are confirmed by the network and make sure the wallet is unlocked maybe How do I unlock my wallet. There is no button or anywhere in the menu. Thanks Help -> Debug window console Tab, enter command: walletpassphrase yourpassphrase 999999 true What is the walletpassphrase for zeitcoin?? sorry for my silly questions if your wallet is not encrypted then you dont need to unlock |
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Can someone explain the "minting" process to me? I have 9 entries that say "Mined," but only the 8th entry has confirmed. The others have not (and the 9th one literally just appeared). It's been a couple hours and they still have 0 confirms. What's the secret?
secret is to wait till they are confirmed by the network and make sure the wallet is unlocked maybe How do I unlock my wallet. There is no button or anywhere in the menu. Thanks Help -> Debug window console Tab, enter command: walletpassphrase yourpassphrase 999999 true |
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should i throw btc at mintpal or cryptsy?
i like seeing the wall @ 2 on mintpal go down but the cryptsy wall is smaller and i could take it down.
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because of exactly what it says
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neither, the reality is that its mostly traders right now that are causing the price to stay so low, dump miners are few now
id prefer people buy and hold
SHAME ON ALL OF YOU WHO MOVED ZEITCOIN'S ONTO CRYPTSY
Well, some of us have electric bills to pay and setting a high price means we're NOT trading when the price is low. I've only 2m @ 3sat so far as that was the lowest price I have (because I'd bought @ 1 & 2). Quite how you think those with sell orders higher than the trade pushes the price down is beyond me, you really think people don't know how many coins are in circulation? those sell orders are in the way of hoarding buyers like me |
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True, but it is a welcome change of pace from the 1 - 2 satoshi it has been at lately.
And now it's back to 1-2 So glad I chose to forgo Minting in the hope of getting more coins from high sell and buy back later when low. Damn dumpers! blaming dumpers while being trader people who try to sell high and buy low put just as much down pressure as dumpers So, you prefer the coins be held by the trade bots rather than someone that actually believes in the cause or do you just love to wind me up by saying the exact opposite of whatever I say everytime? neither, the reality is that its mostly traders right now that are causing the price to stay so low, dump miners are few now id prefer people buy and hold SHAME ON ALL OF YOU WHO MOVED ZEITCOIN'S ONTO CRYPTSY |
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True, but it is a welcome change of pace from the 1 - 2 satoshi it has been at lately.
And now it's back to 1-2 So glad I chose to forgo Minting in the hope of getting more coins from high sell and buy back later when low. Damn dumpers! blaming dumpers while being trader people who try to sell high and buy low put just as much down pressure as dumpers |
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wish i could provide some buy support, i just moved some btc to mintpal before ZEIT went live
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I'm not sure how I feel about the cryptsy thing either. I just read a good sized thread in the alt section about how much trouble people have been having with Doge on cryptsy. With the cryptorush incident still fresh in our minds, do we really want to push the possibility of having another exchange without the best track record handling our coins? I mean, if cryptsy starts having issues with Zeit then it could possibly chase away investors. Just a thought anyway.
as long as the dev make sure to do internal testing, maybe release on a separate branch for beta testers and then release on master once proven good. |
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LionOfNarnia, the relationship of miners to to coin value is actually inverse of what you think. Miners switch to what they think is most profitable, value drops, they hop off, value goes up they hop on.
But i dont doubt we will reach DOGE value levels, considering we have a smaller supply and slower reward rate.
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