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Hello. What is the current market rate for GPUC? Is it still above IPO prices? Sorry, I am at work and they blocked the exchange sites. Thanks.
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Thinking of mining Dark again. With the current diff, how many darks can I expect with 4 - 280x's? Thanks.
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Anyone know if the 80 280x's are being delivered or is it in the process of being ordered? A tracking number would be nice if it's being delivered.
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The issue with the email account was due to his mail server having issues.
$50,000USD in buy-in money, can't afford $9 for a Google Business email account. So you are complaining about .04? thats absolutely nothing, took you more effort to write those emails... no wonder he doesnt respond to you, there are people with MUCH MUCH more in front of you on this.
Shouldn't matter. Bitcoin is bitcoin. Whether it's .01 or 1.0, you treat your customers with respect. Actually is 0.02 btc...They are wrong with the IPO numbers. I had three IPO numbers. They refund my two and they are in fault in one of the IPO. I receive the emails asking for the GPUcoin wallet address too. I'm only want what is mine. No more, no less... 3 IPO numbers? You wanted to increase your chance of winning the GPU. haha. |
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You see, this again is what my idea is missing from this coin, if the director would listen to me, then he and everyone else could make bundles.
He refused your idea? He didn't refused, he just didn't reply. But to be fair i never told him the full idea. just asked a question. Maybe he didn't want to reveal anything to me either. Which i understand. To be honest, i think i am just going to start my own coins and then put the plan into place. I will be getting back to the people today, who PM'd me recently. Not sure what your plan is, but if you have a good feeling about it. Go for it. I wonder what would happen if someone opened a store that accepted GPU Coin before the CEO does it. Would the price of GPUC be based on that stores pricing? If they undercut the CEO's store, would they pretty much be in control of the coin? Hopefully my post wakes up the CEO. haha. |
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Have the IPO coins been distributed? I should check whether i received mine
Yes, received it a few days ago. |
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I just noticed the crappy thread title. Why is it so plain and short? What's going on Mr. CEO? Would you walk into a store/restaurant that has no description on the outside of the building?
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Trademark, POST your FATE address, Lets test your wallet. Make sure you are using 111qt. You may just have a crapy streak of FATE  I have 14 Machines working the wallet fine. I restart the wallets on occasion to make sure they are on the right chain and in sync. I sometimes have an issue with syncing when running both GPU and CPU mining hard. My Six core cpu and Xeons seem to keep in check, my dual cores, sometimes have lag. AMD APU's do well with CPU mining. I'll send you 1 coin as a test. I'll be posting the first GAME CODE listing today if anyone is interested. PAYMENT IS FATE coin. Thanks turboseed. I will PM you my wallet later today when I get home from work. Yeah, I really don't know what's going on. I think I am using 111qt even though it still says 110. I keep getting blocks very quickly like 1 block every couple of minutes but then it disappears after a while. False happiness  . Say when you send me the 1 test coin and I do not receive it, what am I doing wrong? Also, how many FATEs are you averaging daily with your setup? This thread needs more attention to. The dev seems to be inactive here. Only on every other day or so. Turboseed, you should be the second man in control. Good luck on your Game Code listing. |
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Guys. I don't know what the heck I'm doing wrong. But it's been days and I have not gotten any blocks. The coins keep showing up as immature and they disappear. I have restarted my wallet many times and still the same result. I have even used a different laptop and same crap. Not sure if others are having this issue and if this is keeping people away from Fatecoin. What am I doing wrong?
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I agree with trademark promotional games, giveaway, voting on exchange list site and sharing it on another altcoin forum, do a competition re-branding of the logo or anything just to entice other people to join in.  Yeah, the logo should have the Chinese character for "fate" whatever it looks like. I don't know but all Chinese characters look cool. Right now it looks like some sort of military logo. |
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Can I use these coins to pay off my student loans?
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Yeah, my only complaint is the CEO should be posting here, twitter, facebook, etc.
what is going on, or at least hire someone to do it. We IPO investors and even
miners supporting the system deserve to have updates.
I think he just sleeps a lot. Or hopefully just is working on the store and acquiring GPUs. So he could quit his job at the nuclear plant. Hopefully he is not Homer Simpson. Maybe he just needs a few donuts for motivation. Mmmm Donuts. He studied nuclear physics, he loved his classes, $50k of IPO can buy a lot of beer. The future's so bright he needs to wear shades. And if you don't get this, get back in school kids, you're too young to be investing in Crypto. Homer. He's my favorite, but looking at the CEO's picture. He looks more like Ned Flanders. lol |
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LOL, love that ....Chinatown.. Must live near Boston or northeast U.S.
I'm going to start listing items for sale for FATE, First few items with be digital codes for game downloads. Extra Fate will be needed for the physical code cards mailed if needed.
I have a few GAME codes unused. Next will be for other items. You will have to PM me. First come first serve.
These will be legitimate codes!
I may also give small amounts of FATE away for promoting with proof that such has been done. I want this coin to start moving in the right direction. If you want to promote the coin, start requesting for exchanges to list the coin. Big or small.
LA, Chinatown. Considering how difficult it is to mine Fatecoin. You must have quite a bit to give some away for promoting. That's generous though. I still think there should be a FATE chinese games casino like pai gow, super 9 and chinese poker. |
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Yeah, my only complaint is the CEO should be posting here, twitter, facebook, etc.
what is going on, or at least hire someone to do it. We IPO investors and even
miners supporting the system deserve to have updates.
I think he just sleeps a lot. |
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The owner has to step in and provide the initial liquidity and stabilize prices. Right now if you were to price a GPU in GPUC, you'd need perhaps 1.3M @ 50sat for a 280x. BUT there's so little liquidity, you'd drive the price up to 75sat at least just to buy that much coin (for ONE...). At which time the buyer has overpaid. And... the owner can't sell that 1.3M @75sat either...
So, he either needs to do some Bernanke shit and push the price up and close the spread or he needs to price the first GPUs at much less than the ~1.3M to make it a good deal for buyers. He might eat it a bit in the beginning to do either option but he'll make up for it IF IF IF he can sell GPUs competitively in volume. Hopefully he has some cash to spend or he won't be able to do either option.
I agree. However, he won't be eating anything. He started with $0. It's all IPO money. It's like gambling with winning money. No fear! |
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On his page he calls himself the CEO.
Then that shows how little he knows Virginia LLC's. He's the owner of the company, the registered agent of the same. And/or he just tosses the acronym to make unsuspecting folk think more highly of him. LLC = Limited Liability Company (not Corporation as some places note it). You can't base the price on the crappy exchange it's on now. Half of the people on this forum has probably never heard of bittrex or whatever it is, let alone be willing to deposit BTC's in there and I don't think it'll make it to a big exchange before the store opens. But you never know.
Actually he would still--eventually--have to cash out his own coin to BTC, in order to gain fiat or purchase supplies with it. So yes, he has to base it on exchange (edit: he can help influence the value by setting price, but he by no means actually controls it). He can hoarde up some coins of course, but in the end he has to exchange it just like the rest of us. This is why the coin is nothing more than a transport mechanism with varying capacity. This will work until the coin hits 1 satoshi, at which point there is no margin. This isn't a new concept, several coins do this already. Why do people not understand how this works? Well, he can call himself anything he wants. CEO could stand for Chief Entertainment Officer. lol. Yes, he has to exchange it for BTC regardless but GPUC needs to be on a large exchange otherwise, he'll never get enough buys. At least if he lowered the GPUC per GPU, it would make his coin more profitable and it would get the support it needs to land on the big exchanges. |
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Who's idea was it to make a coin that has no profit. Idiots.. Dev and CEO you haven't thought this through have you again.... It costs me about £3 per day to mine gpu coin,at the current rate i am getting 20k gpu per day. Now sell those on the exchange for $4 i just about break even.
Whats the point.... Do what everyone else is doing and mine other coins then buy on the exchange if you think there is any point..
cheers
Unlike other coins. GPU pricing sets the price of gpucoin. If the CEO wants to make his coin profitable. He will set the price of the GPU low. I say 750,000 to 1million per 280x sounds right. He doesn't even need to have the product in hand yet. Just create a webpage for his store and put "estimated gpuc price will be _________" The market will immediately correct itself. That's it. Easy peasy. Man, I wish I was in control of this coin. This exactly. Surely he knows this and doesn't just use the current exchange avg. He can heavily influence the pricing using the first batch of GPU's he has already ordered. This wont work if the GPU price is not linked directly to the exchange price someone only needs to crash the market to pretty much destroy the business. The CEO has no risk if he lowers the costs of GPUC it takes to purchase a GPU. It'll actually make him richer with the 75million or so that he is currently holding. This will also make GPUC mining profitable. You can't base the price on the crappy exchange it's on now. Half of the people on this forum has probably never heard of bittrex or whatever it is, let alone be willing to deposit BTC's in there and I don't think it'll make it to a big exchange before the store opens. But you never know. |
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True, but say it stays at the current price by the time the store opens in 2 weeks. Only IPO's like myself will be able to get one.
And when the IPO's buy GPUs, within hours everyone else will be able to buy the GPUC you guys used to buy the product with. And so the cycle continues. If the GPUC does not get the needed support. No one will buy it and the CEO will not be able to cash in to order more GPU's. Cycle will eventually end and CEO has a bunch of GPUC to stare at in his wallet. True, I mentioned this at the outset of this endeavour, but it also isn't a bad thing for the owner. He'll win either way. He's an owner btw, not a CEO. Technically he is the director. So we are both wrong.. On his page he calls himself the CEO. |
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True, but say it stays at the current price by the time the store opens in 2 weeks. Only IPO's like myself will be able to get one.
And when the IPO's buy GPUs, within hours everyone else will be able to buy the GPUC you guys used to buy the product with. And so the cycle continues. If the GPUC does not get the needed support. No one will buy it and the CEO will not be able to cash in to order more GPU's. Cycle will eventually end and CEO has a bunch of GPUC to stare at in his wallet. |
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Who's idea was it to make a coin that has no profit. Idiots.. Dev and CEO you haven't thought this through have you again.... It costs me about £3 per day to mine gpu coin,at the current rate i am getting 20k gpu per day. Now sell those on the exchange for $4 i just about break even.
Whats the point.... Do what everyone else is doing and mine other coins then buy on the exchange if you think there is any point..
cheers
Unlike other coins. GPU pricing sets the price of gpucoin. If the CEO wants to make his coin profitable. He will set the price of the GPU low. I say 750,000 to 1million per 280x sounds right. He doesn't even need to have the product in hand yet. Just create a webpage for his store and put "estimated gpuc price will be _________" The market will immediately correct itself. That's it. Easy peasy. Man, I wish I was in control of this coin. The price of the new GPU's will be decided by the price of the coin on the exchange, the CEO says this on the first page. That shouldn't be fixed. Bad choice if it is. Only top dog IPOs will be able to purchase them then. No one will want to mine it since it's not profitable (yet). It's not fixed if the price goes up on the exchange which I think it will you will obviously need less GPUC to purchase a new GPU for example as I stated earlier at 0.00000045 (current price) you will need 1.725 million GPUC to purchase a 280x at 0.00000450 (price coin started) you will need 172,500 GPUC to purchase a 280x this is only 8 days mining at current difficulty at 1 MH/s True, but say it stays at the current price by the time the store opens in 2 weeks. Only IPO's like myself will be able to get one. I think that is pretty unlikely. If the price stays the same and you only mange to mine 800,000 coins and you need 1.6 million, it makes sense that you would go to an exchange buy some more GPUC for bitcoin This would raise the price of GPUC and also bring down the price of the new GPU you were about to buy That's if they mine that many. I am only mining because I'm an IPO and am thinking long term. There are other coins that are currently more profitable right now which is why our hashrate is dropping. |
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