Dude, when coins are added to bittrex or poloniex or mintpal?
To be fair, it hasn't even been a day yet;)
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I think I missed a good coin again! Good luuuuuck! Looking at bittrex, my best guess is that some guy is buying and selling with himself lower and lower to try and drive the price down and grab as many coins as possible. I mean, look at the sell orders - there's just 10k at 10 satoshi, and 40k at 11 satoshi, but someone was quite happy to dump 2m coins at 9 satoshi earlier? Doesn't smell right. I mean, the big buy orders and the light sell orders, with all that volume? It should be a perfect storm for a bull market, not a bear one.
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Dev was just here yesterday. Just start emailing poloniex. If we get added there, our price could go up considerably, possibly 20x. Dev gone.... pinkcoin die? why people sell so cheap? why they so stupid?
Looking at his profile, the dev does seem to be logging in and poking his nose in and keeping an eye on things and keeping the pool statuses up to date. Shame he's not responding to the thread though.
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reward for the unit will be reduced as follows: 50 - 25 - 12.5 - 6.25 - 3.125, I counted correctly? And on how many awards for falls reduction unit? sorry for English by Google translate p.s. why logicoin.adnim, and not the admin??? ^_^ p.s.s. In voting on comkort.com, raised from 56 to 100 votes Join me Your reward units are correct. Each unit will run for 42000 blocks, about 1 month. Great job on voting, keep it up!
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Total combined hashrate of all the pools is under 5ghash... and network is 40ghash...
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Now the new coin flow billion in total? Yesterday is shebe today this. He copycat Shibe will have the market? Doubtful I have been wondering where the POS 10%/year coins were going to come from... 50k * 500 = 25m 25k * 1000 = 25m 12.5k * 2000 = 25m 10k * 2500 = 25m 6k POW Blocks = 100m
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Hmm... Logicoin.info/competitions shows loading for a second, then just turns up a blank page for me.
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I lost just under 0.01 btc to them, sent from my poloniex account. I wrote it off when my trades bugged out, I couldn't get ahold of the admin, and couldn't withdraw anything. https://blockchain.info/address/1DtoJGFvDCXM7zEdMqQ7PrSppzcrYgyYSEIf anyone does manage to get anything out of them, my btc address is: 1JQ6VPm1UwPhfNHrZpJhDcNdjAA5MGUPBa But I'm not getting my hopes up.
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My Submission:
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i have been mining there since day 1 and personally have not had any problems. hope you get it sorted out. Yeah. Mine-coin.de has been my go-to pool, though lately I've been strictly p2p
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With gold circuitry:
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Tweaked decanus21's logo and slapped it on a coin. It's a little rough, but you get the idea.
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some nice action going on right now.
LGC/BTC +489.3% Last: 0.00009000 High: 0.00008 Low: 0.0000141 24-hour Volume: 6.43108424 BTC / 138556.97174644 LGC
Yeap. 3.031% of all the logicoins there is going to be this year, and 2.582% of all the logicoins there's going to be in the next two years, sold in the last 24 hours for 6.6 btc. I wonder how that's going to look 6 months from now.
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With the impending KnCMiners costing $10,000, Adrian's advice was to hold off and wait. What advice would you give, specifically? Solo Mining with GB Coin: http://blog.gbcoinfoundation.org/simple-solo-mining-with-gb-coin/In the workshop on Tuesday, Adrian was asked about mining rigs and is it worth investing in one? He replied with a big NO, not at the moment.
With the impending KnCMiners (aka The Titan) customized for scrypt-based mining, costing around $10,000, no one for sure knows what will happen when these beasts hit the market! There is rumour that coins not employing some form of effective difficulty targeting (like KGW or DigiShield), may be hit quite hard, but until they arrive no one knows for sure. Not worth investing in a mining rig at the moment? Me and my rigs disagree with that heavily. If you are going to use multipools and coinwarz as a guide I would agree. But people in the know know better. As a person who is teaching people about rigs and stuff I am surprised by Adrian's over confident statement, which is totally way off and wrong. I'd side with Adrian on this one, if we're talking to people that are just getting their feet wet. After the Scrypt ASIC's hit, GPU shifting from Scrypt to Scrypt-N and other alternatives could potentially saturate gpu only coins to limited profitability, and in that case, the people that will continue to do well with GPU rigs will be people that can understand and follow the Altcoin trends and ecosystem. Dumping a couple of grand into a rig right now, if you didn't know what you were doing, could very well put you in a sink or swim situation to just break even.
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here's my 2 lgc. i wouldn't worry too much about being listed on additional exchanges right now. with the flood of asic miners looming just around the corner, gpu miners will be looking to point their existing hashrate elsewhere. x11 is without a doubt the best alternative to scrypt. what this means is that there will plenty of x11 multipools popping up to accommodate these converted miners. there is already one x11 multipool that i know of http://www.coinmine.pw although they do not yet have logicoin. if you've been following this thread, you may have noticed a post by louiseth1 from suchpool that kind of went unnoticed. we will add it on our coin soon to be x11 switcher pool too!
in order for all these new x11 miners and multipools to succeed, there is one thing they will need. plenty of exchanges for their coins. i think you guys can figure out the rest from here. mine, hold and be patient. you will be greatly rewarded. This is true and a relative inevitability, but it's a fine line. We're currently swinging back and forth around 1ghash (the network is actually the lowest I've seen since launch right now). Hash has gradually decreased since launch in proportion to profitability on Poloniex. There was a nice little pump there yesterday that brought us up to .00002999, still a garbage amount, but almost double where we are now. The lower the hash, the less lgc/btc value there needs to be to make it profitable. If we want to stay off multipool radar, our holding hash - that is, those of us that are mining to hold through these high reward months, has got to stay far above pump & dump profitability. In other words, the best way to not get stabbed by a multipool is to generate interest from more long-haul miners. And the best way to do that I think is to encourage a dedicated community from the get go and develop some long term goals for this coin that we consistently work towards. And I think the question that really needs answering is 'What are they going to be used for?' So, with that in mind, how about we aim for something a little different, beyond the cut & paste 'merchant' 'auction site' 'vps' accepting coins thing. What if we built some simple games, or customized existing open source games, and tied the 'game currency' to logicoin, either directly or by exchange? Think from being able to buy boosts or extra lives with lgc in a puzzle game, items and improvements in an online rts game, all the way to 'extras' in an MMO (which, iirc, has been done, albeit rather poorly). People spend big money on gaming. Even silly, simple games, as long as they're fun. It'd take some time to develop, but I think that's what we should be after - something that will take some time to develop.
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I propose using the unicode character U+13DD for Logicoin value branding..
So for 100 Logicoin, it would be Ꮭ100.
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His name was robert paulson!
Rule number one. You don't talk about Logicoin. Rule number two. You DO NOT TALK ABOUT LOGICOIN. Rule number three. If you run out of Logicoin, you MUST mine, trade, or beg for more. Rule number four. You can only mine one type of coin at a time. Rule number five. Everybody mines Logicoin. Always. Rule number six. Nobody dumps Logicoin. Rule number seven. Mining will go on even if there are no Logicoins left. Rule number eight. If this is your first time with Logicoin, you HAVE to buy 10k on Poloniex. Rule number SHOULDN'T BE ON THE LIST: Do not reply to this post without first watching Fight Club. Again.
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