|
Well the reverse happens too, y'know. If I am to recommend a coin, I'll recommend it to myself first. So naturally I'll be invested in it by the time I tip off other people about it.
If I wasn't you'd justifiably be asking how come I am not invested in it if it is so great...
But okay, fine, lets play contrarian...
...Tell us all about the coins that are too crappy an investment for you to have bothered investing in...
-MarkM-
|
|
|
|
|
Just in the last couple of days people bought all my devcoin sell offers up all the way through to 29 satoshis, so yeah it does go up, at moments, for moments.
But there are more and more new authors joining Devtome who seem to just want to cash out, so of course those higher prices are just momentary; if you sat such prices on the buy side the authors would sell into them as many coins at it took to bring the price down again. The trick is to sit waiting, not to go oh I want an order to be executed right now.
Devtome might just be a massive mistake for the devcoin project, since it pays people who have no interest in free open source, instead of seeking out authors who already have a lifestyle of contributing to free open source writing(s).
Basically it seems to have abandoned the original idea of rewarding people who already do freely contribute to free open source projects, on some theory that eventually this way it will make money from advertising and that money can be used to support the real goals.
Going off chasing money instead of the real ideals may have kind of not turned out so great afterall.
-MarkM-
|
|
|
|
|
No no don't abandon bitcoin, silly. You can't merged mine bitcoin as a secondary chain, it has to be the primary.
So just stick with all eight merged mined coins, including bitcoin, and maybe even consider adding that game-in-a-blockchain to your merge too once it starts using its real blockchain instead of its testnet.
With the full panoply of merged mined coins you have a coin for every occassion. You have low inflation (I0Coin), soon you will have fees-only for miners (IXCoin in not so very long now), you have constant minting forever (DeVCoin, GRouPcoin, CoiLedCoin, GeistGeld), you have 30 second or less blocks (GeistGeld), go with merged!
Maybe make a site that covers them all! With help on how to do your own merged mining!
-MarkM-
|
|
|
|
|
I'm not suggesting that things like bitcoin, litecoin, and ppcoin aren't good investments, just that if you are looking for a fast high ROI to multiply your bitcoin-buying, litecoin-buying and/or peercoin-buying budget with you probably want things that are dirt cheap but that aren't non merged mined coins that are proof of work using a proof of work that dozens of other coins also use, because the miners jump all over the place so most such coins are probably doomed.
Even a new proof of work could easily find at any moment that dozens of other coins that spring up overnight suddenly turn out to also use it so might not be any better really than the already common scrypt and SHA proofs of work.
That keeps bringing me back to the merged mined coins but also looking around for any proof of stake coins that aren't massively overstaked by their pre-mine or too high difficulty for me to easily rake in solo mining.
(I look at things like Emerald for example that one can snap up a bunch of overnight solo just in case they ever take off.)
-MarkM-
|
|
|
|
I would have thought Peercoin would be a good one. It's been around for a good while now, has a big following and a mostly stable exchange at the moment. Plus doesn't seem to suffer from the same ASIC on / ASIC off difficulty fluctuations of other coins
Yeah but anything that is already worth that much has less room to multiply in value before hitting some value people will perceive as high and develop resistance at. Things currently going for less than a penny are probably best, or if you must maybe consider something that is already up at a dime or so... Most things worth a buck aren't likely to jump to $100 very fast, at least probably less fast than something going for a penny might jump to a buck.  -MarkM- |
|
|
|
OP was asking about greatest ROI. The greatest gains have already occurred in established alts. compared to the possibility of lower market cap alts. As with any form of investment, if you want a higher return you have to take on greater risk. If it was an obvious investment, everyone jumps on the train and returns reduce rapidly..
On that note, lets bring back up the supposedly "dead" coins. People thought BBQcoin was dead for a year, allowing people to rack up huge hoards of it using only CPUs. That was the best ROI by far. Look at things like Fairbrix, Tenebrix, Coiledcoin, and Geistgeld, especially those last two as they are merged mined. Fairbrix and Tenebrix might well suffer whatever fate awaits all this year's scrypt coins, but Coiledcoin and Geistgeld might easily be "sleepers"... As soon as they get picked up by a meged mining pool boom they will catapult in difficulty like I0Coin did on its comeback and like Groupcoin did when it was picked up almost incidentally alogn with I0Coin. Which come to think of it, hey, is Groupcoin on an exchange yet? It might be a good candidate because it is on the merged mining pool same as I0Coin but maybe unlike I0Coin it might not be on an exchange yet so you might be able to pick some up cheap over the counter before it gets on any exchanges... Coiledcoin and Geistgeld though you don't even have to buy, just add them to your merge so they are basically damn near free right now until some major merged mining pool picks them up! -MarkM- |
|
|
|
I'm about to buy $50 of it though, you never know right? :-)
Well just place an offer, as lately people sell more often than people buy. So don't bother accepting a seller's offer, place your buy offer and wait for them to come to you. Every satoshi difference in the price is a large percentage remember! -MarkM- |
|
|
|
What namecoin fix? I didn't know it needed another fix already so soon after the fix they did a while ago - fixing the thing where anyone could hijack anyone's domains. Maybe the problem they fixed came to more people's attention than did their fix of it? -MarkM- |
|
|
|
If UPS doesn't lose them...
Haha yeah, I take comfort in the fact that by missing the buy window I avoided having to deal with UPS again. I thought they'd fired UPS and moved to some other courier. When I did after massive run-arounds manage to get my unit from UPS I told the clerk in the depot I hoped I'd never see her again, at least not at work. Hopefully I won't. -MarkM- |
|
|
|
|
The speed-buy of this one batch is fine, what bothers me is suddenly our supposedly upgrade-able machines are supposedly now never to be able to be upgrade-able afterall.
Apparently because of hardware problems with the boards, leading to new different boards being made, which is hardly the customer's fault.
-MarkM-
|
|
|
|
|
What happened to all the pre-mined coins?
Are they used to help cover such problems at all?
Or for anything other than just a pump and dump by the developer?
(I haven't noticed anything about where they all went, if that is even known at all?)
-MarkM-
|
|
|
|
|
What about shorting? If shorting becomes possible any seeming loss an attacker would incurr from lowered value of their stake coins ought to be more than made up for by their gains in some shorting system or other oughtn't it?
-MarkM-
|
|
|
|
|
Don't be silly. It is a merged-mined coin, it has lots of supporters, including more and more authors who write for Devtome and get paid in DeVCoins, it has lots of bounty offered for upgrading of its code to incorporate all the fixes I0Coin has that all the merged mined coins are going to be needing, heck it even has a huge use in finance, so much so that the amount of secured loan that is denominated in DeVCoin is way the heck more DeVCoins than will even actually exist for years to come.
DeVCoin has hardly even started yet. It is no way about to die.
But, now might not be the best time to buy. Who knows, it might drop to one satoshi per coin if all the Devtome authors continue to throw away their DeVCoins ridiculously cheap. So watch them and see just how cheap the Devtome authors are willing to throw them away for!
On Vircurex I have offers at every possible price in satoshis both up and down from the actual margin gap where the trading happens, so I sell when people want to buy and buy when people want to sell. Slowly over time my total hoard of the combo of BiTCoins and DeVCoins there thus grows little by little. Being the patient one whose order sits waiting to be taken is the profitable way to go it seems, the people who want their order processed immediately pay for their impatience, in effect. And every satoshi of price is a big percentage!
I would suggest doing as I do: place orders at one satoshi, two satoshis, and so on all the way up to somewhere vaguely close to the current trading edge, when people sell to them, start putting sell orders at every satoshi starting somewhere up above the current trading point... It takes patience but moves of several satoshis each way do happen quite often.
It is really nice being able to sit at every possible price. Most, maybe all, other coins have way too many decimals not commonly used so would take thousands or millions of orders to do that whereas with DeVCoin you can cover all possible prices with just a few hundred orders or less. Others you end up in battles with bots arguing over prices because there is so much space typically available in the price granularity. With DeVCoins you can just blanket-fill all possible prices so you don't have to worry about all that finicky changing of prices fighting with the bots.
-MarkM-
|
|
|
|
|
DeVCoin, maybe? It is so cheap right now that even a satoshi either way in price is nearly 5% ...
Yet in the past it has gone for 300 satoshis or more.
-MarkM-
|
|
|
|
man, i placed my order literally at 8am as it popped up, i was refreshing every 5 seconds from 755am. the bit pay button brought up a pop up window that 404 errored on me but i still had my order, so i waited the 10 mins for my btc to come in and went back to pay.....how is this my fault.
You didn't have your BTC ready? Main reason I bought 2 was to pry myself from trading non-stop on BTCe.. if my order didn't go through I would just be happy trading that $2000 back and forth Just go to plan B Just holding bitcoins is a pretty good plan B. I had pretty much planned not to buy a November order and wasn't even all that sure I even wanted to upgrade quite so soon until all the hype - the people all so eager to get an upgrade - excitement infected me. Before all that I had thought I was pretty sure I should resist so now I just have to find that mindset again and be glad that fate helped me resist.  -MarkM- |
|
|
|
|
Since it has been admitted they can make more of the boards, maybe it would be useful to follow up with all the people who bought Mercurys and Saturns and didn't buy upgrade units yet whether they think they will be someday and if so some general idea as to when, so that if it turns out there are a whole lot of Mercury and Saturn owners out there who were planning on eventually upgrading the making of some more boards could be scheduled in line with the kind of timeframes they are thinking of?
It seems likely that when making their initial purchase decision whether to buy a Jupiter right away or buy a Mercury or Saturn and upgrade later different people probably had quite different kinds of timeframes in mind as to when they would upgrade and even in how many upgrade steps they would do their upgrades.
Maybe something like do some "bespoke" runs later, give Mercury and Saturn owners a couple more chances to upgrade, not as rush things like this but bespoke, like we are planning a run of upgrades for such and such a date, anyone who wants one place an order, the next such run won't be until such and such a date. Maybe allow three such runs since people with Mercury units might very well have bought them planning to do three separate upgrades to them, one module at a time... Though one could maybe at least hope they had planned to do all of those before 20 or 16 nano tech made this 28 nm stuff totally obsolete.
-MarkM-
|
|
|
|
|
Oh the hiding block contents maybe means Luke's miner program would have liked to use the protocol that lets it see the whole block and even manipulate it to suit your own tastes.
It is maybe Luke's way of saying he is forced to use normal protocols instead of the fancy new protocol he champions that gives the miner access to what is really being mined, instead of forcing the miner to not really be a real miner at all just a dumb hasher blindly hashing any damn thing the real miner (the pool for example; the entity that is actually deciding what exactly is to be mined, whether to merge mine, whether to include your friend's transactions or not and so on and so on) chooses to have the hashers blindly hash.
blktmpl likely means block template. He wanted a block template, and that is not what you normally get/use, it would let miners tell when pools are screwing them around and so on thus is not real popular yet.
So he probably fell back to getwork protocol, and without long poll.
From there on it looks just like cgminer.
(Uh wait, what do you mean by bfl mining? I glossed over that part, assuming you'd said bfgminer. Which hopefully is what you meant. The hiding blocks part just seemed so Luke.)
-MarkM-
|
|
|
|
No, you have pasted the actual text of your article to your user-page. You need to set up your user-age with sections in which you will put links to your articles, the links being in the collated section or the original section. The articles themselves go in the main part of the wiki as pages of their own. -MarkM- Sorry for for the question, but is this done right already or i am missing something. http://www.devtome.com/doku.php?id=wiki:user:gondels#originalThank you! Look at other people's user-pages for examples, like mine for example: http://www.devtome.com/doku.php?id=wiki:user:knotworkUse the edit option to see the actual wiki-code used. You made yours like an external link. You need to make it an internal link, and furthermore that needs something special, a colon I think, to make sure it points over to the main wiki instead of assuming you mean the link to stay inside only the user-pages section. You also need the text saying it is original, that the robot (script) presumably looks for on each line . -MarkM- |
|
|
|
I posted to another thread but thought I should mention it here too: How full of errors is that market cap site, though?
I noticed for example it claims 5,672,870,050 DVC exist, but DVC has always produced 50,000 coins per block. So the total number in existence should be a multiple of 50,000. How do they get that odd 50 on the end? How even do they get the 70,000 part on the end? Something is wrong and who knows how many other coins are just as wrong?
Or is there in fact some odd block in DVC's blockchain in which someone chose not to mint 50,000 coins?
-MarkM-
|
|
|
|
|
How full of errors is that market cap site, though?
I noticed for example it claims 5,672,870,050 DVC exist, but DVC has always produced 50,000 coins per block. So the total number in existence should be a multiple of 50,000. How do they get that odd 50 on the end? How even do they get the 70,000 part on the end? Something is wrong and who knows how many other coins are just as wrong?
Or is there in fact some odd block in DVC's blockchain in which someone chose not to mint 50,000 coins?
-MarkM-
|
|
|
|
|
Show Posts
