yeah okay, my uh, project needs donations CAT too. 9ooKh28mkMjjm8vsu8BR5DixxoeD2ZTRmC
The project: trying to see howmany CAT coins I can collect. Up to 1.25
maxidoge has been trying to help promote Catcoin for some time. Stop being such a cynic. Not everyone on this forum is out for themselves.
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Theoretically, if the coin supply becomes low due to the decreasing hashrate, shouldn't the value of the coins increase? It's not the miners creating the demand, right? So what creates demand in people buying currency? This demand will drive up the price, which will in turn make the coin more profitable, and bring back the miners.
So it seems that the easiest way to get the hashrate back is to get more people buying CatCoin. Right?
Noticing a lot of negativity over the last few pages that isn't really productive. The coin is not dying. The coin is in a phase. Phases change. No coin has linear growth. No coin. This thread now has 250 pages. Tell me it's dying again. Look at all the crapcoins in this forum, and then remind me if the coin is doing so badly why this thread is continually on the first page. This isn't a pump and dump coin like all the rest.
It's in a transitional phase. People need to stop panicking. If it was dead this topic would be dead. It's not, so it isn't.
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Do I need another minerd? I'm testing it on my own comp, and my minerd - ver. 2.3.2 - doesn't recognise the parameter -a quark in the command like this: ./minerd -a quark -o http://prt.mine-pool.net:9472 -O address:pass Newer versions of the original Minerd no longer support quark. There are some optimised "forked" versions of Minerd depending on what system you have. Which are still developed which still support Quark; This is what I'm currently using; http://sourceforge.net/projects/philosopherstone/files/QRK/
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this is serious business....its not supposed to be fun. people built big mining farms, putting up their own money, taking on risk. Let the whales swim free, in the end they make networks stronger.
what network stronger? they mine the crap out of them then dump and move to the next....repeat repeat the only people who want new coins to keep being created and exchange listed are flash miners. Different coin, same formula. It'll keep happening until it stops becoming profitable.
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Tomorrow if I have time I will start another giveaway. It'll be interesting. I'll have to monitor it so no point starting it now as I'm going to bed soon. Catcoin is far from dying. It's in a trough. a small dip until the recalculation. Prices have been steady, and although we're losing hashrate, it's because of profitability right now, not because of a problem with the coin. It will change once the difficulty adjusts. This thread spends most of the day on the first page of the forum. People will keep mining Catcoin as long as there are enough people interested and invested in its future.
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I think mining is ridiculous. Why do we need to "mine" to get free currency. Why can't we work??
How dare you! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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I wish I could help, but unfortunately I have other commitments. It's certainly more interesting than the other coins out there though. I'd certainly like to offer some suggestions on a couple of things if you're trying to pitch this coin as something new and unique.
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I'm currently mining Particle. It's quite new, so there's no exchange rate you can use to calculate profitability. On the other hand it might turn out profitable to mine early and hold on to the coins for a while, that's what I'm trying my luck on! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) +1. If you haven't got a lot of mining power, you may profit more from speculation and investing in coins than trying to always jump ship.
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Ive tried searching for this but what coin is currently best to mine to then sell for btc using GPUs. I also have a few usb block eruptors can these be used to mine other coins?
Yes, you could mine one coin on the block eruptors, then one on the GPUs, and heck, even on the CPU as well. You could run each miner independently on the coins of your choice. 1 CPU coin, 1 SHA-256 coin, 1 Scrypt coin. I regularly mine on CPU and GPU. Don't Asic much because I only have one USB eruptor, but I believe you can mine 3 coins at once without any problems.
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Well i've been debating between the 2. Should I just file a dispute with paypal? or go straight to the back and file a backcharge? I would imagine the bank would be best as they are ultimately the ones who make the financial decision.
I guess that depends on whether you think he'll get back to you anytime soon, or if you only have limited amount of time to initiate the chargeback. I'm familiar with paypal disputes, but chargebacks are a little out of my area of expertise. You'd stand a better chance, yes, but also it is the option of last resort. Whatever reasonable steps you have to take to either get what you paid for or get your money back are fine. I think you've been more than reasonable. If you still have plenty of time, you could wait a bit longer, but provided it doesn't increase your risk of loss.
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got nothing against people who invested money... i was thinking about the poorer folks as well
That is why we have CPU only coins. CPU coins are probably even worse, select few have powerful unreleased GPU miners and can basically own a CPU coin w 100 mh/s rigs when honest users are mining away with their 50kh/s processors. Good luck doing that with the form of CPU mining described at http://www.devtome.com/doku.php?id=cpu_mining-MarkM- I recently bought a Rasberry Pi as part of my journey of discovery into mining. Have barely used it. I should really learn how to mine on it. It's all up and running ready to go.
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The person who put 19 BTC at 8300 intends to skyrocket this coin later. He will be happy to have all your coins. Otherwise he wouldn't be buying them with that much money.
What you are seeing is 800,000 coins mined in the first day then DIF went crazy high. There are only a few people holding all the coins. They have been selling off for 3 days and may continue to do so.
When they run out all the coins will be held by people who want to hold them for a long time or people who want to hold them for a medium amount of time.
They the price will rise.
be back in a couple days...
It does appear that for the moment the markets are a much stronger driving force than miners or small investors. Wonder how long it will last. I also agree with everything you just said. See you when you return.
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Put it in a bank and acrue interest on it. Honestly, your money would be in safer hands.
Every person here is going to tell you X coin is the next big thing. People have biased opinions based on their understanding, the coins they're holding, and the coins they're not. You wouldn't be able to tell the crap from the genuine advice. It's a tangle.
Learn about cyptocurrency yourself and learn to make your own decisions.
Take, say, 50 of those Euros, join an exchange like coinex and start buying different currencies. See how easy/difficult it is to make money based on the suggestions people make before you blow all your money on the wrong mistakes. Heck, even 10 Euros. You don't need to throw all your money at it right away to see yourself make gains and losses.
Walk before you run. Be smart with your money.
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hey, i am working on a concept of low-tech coin, much more human-based mining. If anyone want to talk, lets create board and discuss it
it would be great if more people would be interested in. we need an algorythm that it's not based on computer power, low and high end user should have the same chance to get the coins a coin for average "Mary" and "John" to mine ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Jobcoin. Get coins from your 9-to-5. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Max Keiser's comments are not clear. Unless you know of his opinions of Howard Stern, I wouldn't assume he's bigging up Dogecoin. He could easily be criticising it. Find out his opinion, then make a decision. Right now he's comparing it to someone without saying what he thinks of that person. Utterly useless information without context.
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^i agree. people are releasing new copycat coins hoping to get rich in a few weeks. where is quality...
This is typically what happens in a market. Novelty, copycats, overrsaturation, stabilisation. Basically the same coin is being released over and over again, then launched, instamined, quick sell, play around on the exchange, then death. Not hard to spot that all these coins are being released by members with 2 or 3 posts. Reeks of multiple accounts. It's the same repeating pattern over and over again. The innovative coins tend to be launched by people with higher forum status, regular users, and have a genuine interest in discussing cryptocurrency models. They should just put all these coins under the umbrella crapcoin and realise they are the same coin. Long term value? Worthless. Maybe a few gems will shine out of the muck, but there is a lot of muck, and a lot of muck spreading. Nothing wrong with getting your hands dirty. It's profitable. It is just a repeating pattern, though. There's no innovation there.
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Coin creators are just as much to blame. Come on, it's not like they couldn't design the coin so that it's not instamined to death at launch. They either choose not to, or don't have the technical ability to do so. I guess a lot of coins follow the same design because it works. It doesn't mean it's the best design.
This is what the masses want, and this is what the masses get. A lot (not all) of coin makers are in it for the money. They don't care whose hashpower it is. Only how much hashpower there is. The term fair launch leaves a bitter taste in your mouth if you haven't spend over £1000 on a mining rig, know how to compile wallets, or mine a coin the second it is released.
You can't honestly tell me that a coin maker couldn't just adjust the difficulty to avoid a launch instamine?
I really would like to see more experimentation in coins. These copy-pastes are soul destroying.
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The sooner you open a Paypal Dispute, the less likely you are to lose the money. Paypal disputes give the other party time to respond, so at the very least it would be, all things considered, a precaution and a reminder that you have not received what you paid for.
The only thing that counts in your favour is that Paypal is much more likely to side with you, as normally scams of this nature work the other way; someone offers to buy BTC via paypal, then opens a dispute and gets their money back. Leaving them with the BTC and their original money.
Everything that you have as evidence helps. Screenshots, correspondence, etc. You can submit files in the dispute as evidence for Paypal to review.
I'm not 100% on this, so someone may have to correct me, but I believe you have 60 days from payment to put in a claim. However my advice would be to do it sooner, rather than later. The dispute only escalates to Paypal arbitration if matter can't be resolved via the two parties. It is your money. You are well within your right, and it is perfectly reasonable for you to protect your money.
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See? No actual concept at all, just a bunch of vacuous vague crap implying that maybe if they don't run with the money they might be able to pay people to sit down and try to think of something to do.
-MarkM-
I feel like banging my head against a wall sometimes. Some people should not be here. It's their money to lose, but good grief, are people so ready to put such blind faith in things like this? It truly boggles my mind.
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I give up. The p2pools aren't pay out, solo mining is a waste of time, and feeleep's pool has been down for hours from what I've seen. I've been mining for hours and haven't received 1 Particle, meanwhile people are selling for millions.
coinmine.pl has been paying out consistently for me. No problems yet.
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