Well, now I'm definitely off for the night. Drama seems to be over. All the creases can be ironed out tomorrow. Exhanges will have to be made aware of tonight's drama. Need to make sure CoinWarz lists the new fork and that official explorer is on the right blockchain. Given up working that one out.
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guys im still holding 3k catcoins but im thinking about selling it... this fork thing, i dont think so it will help... cause problem will be the same all the time
there should be diff calculating every block - now when diff will be really low then all minners will switch to mine this causing next diff skyrocketing badly causing same thing like before hard fork, i know that now we only have to mine a 36 block, but when diff will be really high then ppl will stop mining it
Well, if you're after Particles, Electric, or NoodlyAppendageCoins, or even KittehCoin, I'd be happy to take a few off your hands.
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If we are not at $5 a coin by 5pm EST on January 5th, I am filing a class action lawsuit.
Hahaha! i would love to see $5. How much money do you have invested into this lol If we are not at $5 a coin by 5pm EST on January 5th, I am filing a class action lawsuit.
Who ya gonna sue? The internet? Lol, I was bullshitting. I have 475 coinz, which was $400 invested I believe. Hehe. I have 1030 or so. 230 I mined at launch, the rest I've mainly bought, and been given a few for helping promote the coin. Ideally I'd like to see them worth 0.0025 each. I see no reason why CatCoin wouldn't compete with, or even better the value of RonPaulCoin.
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If we are not at $5 a coin by 5pm EST on January 5th, I am filing a class action lawsuit.
Who ya gonna sue? The internet?
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Net hashrate is up by 0.2 Ghash/sec since before the fork. Ok, not a huge amount, but it's an improvement.
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I think the coin exchanges are going to get a bit more picky from now on. I get the feeling that they don't want coins stuck at a satoshi for weeks on end on their exchanges with nobody buying them.
Either they need to reduce the limit of coins that can be sold as a percentage of the total available for that coin, or stop listing heavily premined highly circulated coins.
They may have some profit from them in the beginning, but as soon as a coin drops below 5 satoshi it's just a waste of bandwidth. There's just too many coins. When the preminers have coins in their hundreds of millions that took them a mere hour or two to mine, they're happy to dump them for a Satoshi. The devs are happy also because they also don't mind dumping at a Satoshi. The coin is designed to be quickly sold and quickly discarded. The only ones want to keep it are the people who have fooled themselves into believing it's worth anything. No coin like that stands a chance because by the time it does, the next big copycoin comes along, does the same thing, and it happens all over again. They'll never go up in value if nobody wants to buy them. It's creating a massive inflation wall that takes a long time to break down in a world where a new altcoin is coming out every few hours. They're garbage.
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I think the coin exchanges are going to get a bit more picky from now on. I get the feeling that they don't want coins stuck at a satoshi for weeks on end on their exchanges with nobody buying them.
Either they need to reduce the limit of coins that can be sold as a percentage of the total available for that coin, or stop listing heavily premined highly circulated coins.
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I'm on 290Khash/sec.
Worth solo mining? Or just join a pool?
The network hash rate right now is about 87MH, so you 290kH is only 0.3% of the network. If all things were random, it means that you have 0.3% chance of solving a block, or 3 blocks in a thousand blocks or 1 in 330 or so. The current block rate is about 3 per minute so theoretically you could get a block every couple of hours. In reality though, your hashrate is very low, so you might not get a block even if you mined for 5-6 hours. I would solo-mine if I can get 10% of the network or more. The suggestions of joining a pool are great - you will get consistent earnings as opposed to the chance or scoring the big one that might not come. Again - in the pool you are only getting a percentage of the earnings, but you are getting that percentage. [Edit] Also, choice of a pool makes a difference - a pool with very little percentage of the network will also earn very little - I usually go with the second largest pool if there were more than two pools, otherwise go with the largest pool. Ok, then perhaps pool mining would be best. Any recommendations of which pool I should use?
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Crypto currency is not yet mainstream. It still requires technical ability and knowhow.
When it becomes mainstream, most of these problems will be fixed. Fiat would have all the same problems without the services that offer them. Crypto currency will take time to develop its own services. When it does, it will be superior to fiat in a lot of ways.
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Good job Leo. Glad people are keeping on top of this. Shame Cryptovalley got left behind. It's a good pool.
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This is what needed to happen. Difficulty may be 60 now, but it'll soon be down to 22. It was always going to be unstable during the fork.
Still holding onto my 1000 Cats.
wow 1000 cats. How do you feed all of them? Probably like this. [/size] Those are mooncoins and dimecoins being fed to those cats. Eat up boys, Nullu needs you big and strong.
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Don't you see that this coin is already dead? A nearly 900.000.000 sell wall at 0.00000001 btc (it can't get cheaper) right at the beginning and not even 1 who is willed to buy 1 dime. This is a big day for Dimecoin! Yes, great day, but for who? Someone with deep enough pockets could do it. I wouldn't dare buy them up though. 9 BTC of dime? That'd be a ballsy move.
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Innovation.
There's only been one exciting innovative coin this week, and it failed because it got bombarded with instaminers. The situation is just crazy now.
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This is what needed to happen. Difficulty may be 60 now, but it'll soon be down to 22. It was always going to be unstable during the fork.
Still holding onto my 1000 Cats.
wow 1000 cats. How do you feed all of them? Crapcoins.
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This is what needed to happen. Difficulty may be 60 now, but it'll soon be down to 22. It was always going to be unstable during the fork. Still holding onto my 1000 Cats.
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I'm calling it a night. Too much stress for me.
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What is the correct network hash?
Coinium shows 224.339 MH/s pool hash but wallet shows 144.96 MH/s network hash.
You may need to re-download the blockchain. how to do that? can i do it from the debug window? I think you delete the C:\Users\username\AppData\Roaming\Catcoin\blocks folder, BUT GET CONFIRMATION ON THAT. Whatever you do do not delete the wallet.dat.
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Your coins are safe on the exchanges provided the exchanges are on the right blockchain, as those coins came from before the fork. The safest thing to do is wait until the dust settles and contact the exchanges and make sure they're on the right blockchain when this is over.
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What is the correct network hash?
Coinium shows 224.339 MH/s pool hash but wallet shows 144.96 MH/s network hash.
You may need to re-download the blockchain.
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