to the developer of this project/website, please kill it, other wise this will be the death of altcoins.
No. Just the death of crapcoins. When there's thousands to choose from, eventually miners are going to have to start making rational decisions. The exchanges aint going to list every crapcoin that's posted, and miners will know it. Eventually crapcoins will be dead, and only innovative or coins with good branding or clever gimmicks will survive. This is the free market in action.
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Well, I've had an idea to raise Catcoin's profile considerably. I'll let you know in a day or two if it pans out. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Taking pump and dump mainstream. Love it. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Aint nothin' but a gold digger. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Why was the 0.1 BTC reward taken out of the first post, and all the posts with suggestions deleted?
A bit low.
Really? I must have missed it... My bad. It was a different coin. So hard to keep track now. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Starting difficulty: 0.00024414 ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Why? This diff is so low that a single gpu can mine 2 week amount within hours. block date 0 2013-12-23 22:38:22 2016 2013-12-24 01:08:48 4032 2013-12-24 01:36:06 6048 2013-12-24 01:58:43 How can it be fair, that 2 month CAT supply was mined in 3 hours? hey people what is the situation just now? could somebody say it in short words? In a few days it will be a bit easier to mine catcoin, faster to send catcoin, and more miners will come back, and the market activity will increase again. Thank you but in the moment=now is the mining and transcattions avialable, or should we pause? Mining now may keep the new difficulty a little higher, so in theory any hashrate thrown at Catcoin now should make it a smoother transition. It wouldn't be a personal advantage, but mining now would be in the best interests of Catcoin. Thanks for the info ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I've put my hashrate in another coin now, but in the morning I'll change to CAT ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I like CAT from its name, the same like FRK ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Look at this http://chojnice24.pl/artykul/17299/kaszubska-muzyka-wchodzi-w-epoke-cyfrowa/ it's a Polish local newspaper saying about first music group accepts CAT as a payment for concerts and CD ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) That's amazing! Finally some news on Catcoin! Is this real? This needs to be in the first post.
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Let me tell you what will happen with the fork. Miners who know the coin, specially those with catcoins, will get back to mine it, investors are seeing and will see a great opportunity to buy cheap while it's under 0.008 more or less, once it hits around 0.008, many people will start dumping because they just want to get rid of their catcoins and forget about this coin, then it will take a few more days to get back to the price the market thinks is suitable (personally 0.0012) because miners will continue mining it at a profitable price. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Possibly. I'm honestly surprised they're still so cheap, but maybe I just have more confidence that Catcoin is going to bounce back.
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Starting difficulty: 0.00024414 ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Why? This diff is so low that a single gpu can mine 2 week amount within hours. block date 0 2013-12-23 22:38:22 2016 2013-12-24 01:08:48 4032 2013-12-24 01:36:06 6048 2013-12-24 01:58:43 How can it be fair, that 2 month CAT supply was mined in 3 hours? hey people what is the situation just now? could somebody say it in short words? In a few days it will be a bit easier to mine catcoin, faster to send catcoin, and more miners will come back, and the market activity will increase again. Thank you but in the moment=now is the mining and transcattions avialable, or should we pause? Mining now may keep the new difficulty a little higher, so in theory any hashrate thrown at Catcoin now should make it a smoother transition. It wouldn't be a personal advantage, but mining now would be in the best interests of Catcoin.
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Well, on the plus side, with the amount of crapcoins we're about to be bombarded with, we got a damn good name of a Coin going for us. Once altcoins become as common as web domains, all the similar coins will only have branding to go by. http://coingen.bluematt.me/Look at the "Check Status" page. Prepare for the flood.
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Edit: Nevermind. Different coin. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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I'm mining this coin in the name of Science.
Also, I've given up hopping from new to new coin. My head hurts.
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Noob question: so does the upcoming fork mean that there will suddenly be an influx in supply of catcoins, meaning dumping and an even lower price? Or is the price expected to rise because of increased demand from faster confirmations?
any other opinions? After the fork the coin will continue normally like if the difficulty never got this high and will be stronger against multipools jumps. Why an influx in supply? lower difficulty -> more mining -> more coins -> greater supply faster confirmations -> more pumping and dumping? All altcoins get pumped and dumped. Catcoin was pumped and dumped even before we got into this situation, and even if we miraciously somehow got out of it without forking, still would have been pumped and dumped. At least it's not being pumped and dumped right now. Enjoy this rare altcoin reprieve while it lasts.
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Starting difficulty: 0.00024414 ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Why? This diff is so low that a single gpu can mine 2 week amount within hours. block date 0 2013-12-23 22:38:22 2016 2013-12-24 01:08:48 4032 2013-12-24 01:36:06 6048 2013-12-24 01:58:43 How can it be fair, that 2 month CAT supply was mined in 3 hours? hey people what is the situation just now? could somebody say it in short words? In a few days it will be a bit easier to mine catcoin, faster to send catcoin, and more miners will come back, and the market activity will increase again.
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The only coins likely to survive after this next explosion are the genuinly good coins, and the mediocre coins that have already been created.
Before long mining new altcoins will be automated, and then new altcoins will be dead. No exchange would list them.
The exchanges would probably up their criteria for listing new coins. Anyway, miners aren't going to spread their hashrate so thinly. Perhaps at long last we'll get some discerning choices made.
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Altcoin creation is starting to become a factory process, with two services popping up in the last few days that do all the work for you. There will be less bad launches, but many more crapcoins.
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Noob question: so does the upcoming fork mean that there will suddenly be an influx in supply of catcoins, meaning dumping and an even lower price? Or is the price expected to rise?
Probably not. Not to the extent of launch. Everyone who wants Catcoins will be mining it before the difficulty reset. The difficulty won't be the same as launch difficulty. It will be based on the average hashrate of all mined blocks up until the block that changes the difficulty. Easier, but not for long due to the shorter time between difficulties. Really glad to see all the pools getting behind this. I think this is going to work.
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The 'Check Status' section is entertaining
I for one am looking forward to the release of jdsaklkfdjhssdfkjlsdklsjdhskdhjfhfhsdkjcoin.
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So is this a failcoin or worth mining?
This is mooncoin 2.0. Joy. Which pools actually work?
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So is this a failcoin or worth mining?
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