this coin is better for decentralization, because servers are available at any time to anyone who can afford them (asics keep the power in the hands of the few)
Agreed. So far YAC's "IPO" on bter.com has been very successful and quite different than that of CNC and FTC. 1) FTC and CNC both opened high and closed low. * YAC opened low and is currently just above the price it opened at. Suggesting strength and also a good buy (since it opened low). I think the next 24 hours will see YAC trading at twice what it is now. 2) FTC and CNC had nothing behind them technologically, no upcoming events which could cause a rally or continued interest in them * YAC has dynamic N factor and upcoming events when the N-factor will change and difficulty will drop, giving CPU miners some incentive to mine. Date of interest May 14, N=64, 8Kb May 17, N=128, 16Kb May 20, N=256, 32Kb May 29, N=512, 64Kb ... And it keeps going until GPUs don't have enough memory. So, I am extremely bullish on YAC. And I think the current price is a way early buy in point.
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I think the cpu mining sets it apart from the LTC copycats. You guys never know, I'm holding my coins. And continuing to mine.
Me too. So far YAC's "IPO" on bter.com has been very successful and quite different than that of CNC and FTC. 1) FTC and CNC both opened high and closed low. * YAC opened low and is currently above the price it opened. Suggesting strength and also a good buy (since it opened low). 2) FTC and CNC had nothing behind them technologically, no upcoming events which could cause a rally or continued interest in them * YAC has dynamic N factor and upcoming events when the N-factor will change and difficulty will drop, giving CPU miners some incentive to mine. Date of interest May 14, N=64, 8Kb May 17, N=128, 16Kb May 20, N=256, 32Kb May 29, N=512, 64Kb ... And it keeps going until GPUs don't have enough memory. So, I am extremely bullish on YAC. And I think the current price is a way early buy in point.
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So far YAC's "IPO" on bter.com has been very successful and quite different than that of CNC and FTC.
1) FTC and CNC both opened high and closed low.
* YAC opened low and is currently at about the same price it opened. Suggesting strength and also a good buy (since it opened low).
2) FTC and CNC had nothing behind them technologically, no upcoming events which could cause a rally or continued interest in them
* YAC has dynamic N factor and upcoming events when the N-factor will change and difficulty will drop, giving CPU miners some incentive to mine.
Date of interest
May 14, N=64, 8Kb May 17, N=128, 16Kb May 20, N=256, 32Kb May 29, N=512, 64Kb ...
And it keeps going until GPUs don't have enough memory.
So, I am extremely bullish on YAC. And I think the current price is a way early buy in point.
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You'd be better keeping it to yourself, because if these fanboys, find out that it's being GPU mined, they'll have nothing left to hold on too.
One thing to consider is that, one doesn't just GPU mine YaCoins. GPU mining YACs has to be more profitable than CPU mining YACs + GPU mining something else, otherwise it's a waste. Anyone doing it would have to believe YAC value would skyrocket. At it's current prices, YAC isn't profitable to mine, with anything I disagree. 15€ gets me 300 khash for a month. Pool says i get 20 coins a day (reward will rise again). 600YAC are currently worth 0.45BTC. you haven't take into account the difficulty will increase and price will drop (which is typical for a new coin). both factors determine the profitability. Except that the difficulty will drop at the next N++ on march 14th. Anyway, it's BS to say price depends on negatively on difficulty b/c often difficulty increase means coin becomes more rare and price goes up. YAC has what CNC and FTC lack--- something new-- fairness to CPU miners.
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Last night, it was, oh, BTC-e is gonna add YAC, then it's gonna rocket to the moon. Didn't happen..... ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) BTC-e _never_ says when or what they will add. They just do it suddenly. And, I think they will likely add YAC, given the amount of discussion about it on their Trollbox!
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Incrementing N will lead to immediate hashing speed decrease. Difficulty will reflect these speed changes (i.e. difficulty will decrease after N++) with lags. As soon as block reward depends on difficulty the reward will increase also and more miners will be motivated to join after N++. It's not easy to predict now but we can be sure that some waves will happen on each N++ event. when will this event be? Read official website http://www.yacoin.org/about.htmlSays first one is on May 14th. Bookmark that date! May 14, N=64, 8Kb May 17, N=128, 16Kb May 20, N=256, 32Kb May 29, N=512, 64Kb
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Congratulations to all the community for bringing this nice project all the way to this point.
But remember, the objective is to allow people to use YAC as a fast and secure cryptocurrency for trading goods and services. Let's keep working on that.
+1 for that. All should focus efforts on getting YaCoin used to buy and sell goods and services. Has anyone setup of bounty for this?
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Here's hoping BTC-E implement, I was hoping for a 0.02-3 range in pricing, sub 0.001 is too low.
Agreed. YAC/BTC belongs up there with NVC around 0.02 - 0.03
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0.00075 is great for a 7 day old currency! It's about 23LTC per 1k YAC, in the range it was trading on forums. It's early days folks--- people are very bullish.
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I've got 5K yac to sell. 5 Killyak - PM me.
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Way to go YaCoin. This will increase liquidity. Next stop-- merchants accepting YaCoin for payments. Why not? It's tons faster than Bitcoin and litecoin.
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I sell YAC // 36LTC or 1BTC per 1k YAC
I send YAC first if you are a verified honnest person.
I'll match that price.
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I am selling YAC. PM me if you are interested.
Thanks.
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Wow - that got to the exchange quick. Anyway, I'm glad it can be traded more easily now. However, the primary goal is to get merchants using YAC.
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I have 40 LTC. WTB 2000 Yacoins.
You're listed as a scammer on the exchange. Sellers beware.
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Good to know this! Thanks!
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THIS IS NOT REAL. Not one legitimate person has shown any proof. I've looked at every host file, data source, etc.. and there is nothing malicious about the YAC files from when they were released. If you downloaded from somewhere else than that might be different. The original links are perfectly fine. STOP LYING.
+1, only 1 screenshot was posted and that only showed that there was 'something' detected. No one has given any screenshots of transactions out of any of there wallets. I think this was just a well orchestrated FUD against YAK Round 1: +10 for YAC and.... -1000 for FUD dudes Obviously YAC is causing a stir and people desperately want in--- Just mine it foo! Mine them Yacs! I'm still waiting for an online merchant please start accepting so I can buy some stuff? Someone should send https://cookies4coins.net/ an email, eh?
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I never messed with YACoin, but I am going to put it through a debugger and dissembler when I get back from eating breakfast. Good day.
Nice work.
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