I think not, but yes chinese factory are ridiculous... this is not all the factory, they have another biggest place, next time i will send some pics for the hashrate, i think 150 mhs will the best for few month... after , in september, have the 300mhs of KNC, so they will do something for have better... this is sure  I know several projects public and private that will have 300 to 500 mhs 4u units out by July. Public sellers are charging $6k for 300 mhs. I'm estimating by end of July there will be another 100GHs on the network easily. |
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Zeus will never roi. Everyone is using the ROI tools to determine profitability but they b are not taking into account the amount of ASIC coming on line over the next 6 months. To ROI you have to sell coins. If everyone who bought a Zeus gets one the first b week of June they will sell so many scrypt coins that prices will fall while difficulty climbs. The same thing happened to BTC when block erupters appeared. They had 30 day ROIs but so many appeared that in a week the estimated ROI jumped to 50 days, then in another week 90 days. In three weeks it went infinite and people were dumping erupters on eBay hoping for a bigger sucker.
Good luck with Zeus. With so many bigger miners coming along I doubt they will be around by the time they get their cloud hashing running. Terry said he pays .35/kw for his data center.
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Do you still plan on pursuing this coin?
Yes, I am still very interested in pursuing this and I have meant to get back to you. I have been in contact with several developers and am still waiting for a few replies... There are some issues that I am not sure how to resolve such as the dividend payments. I appreciate your interest and will get back to you again shortly. If anyone else have any thoughts about this idea, positive or negative, I would surely appreciate the input. Dividend payment should be a non issues in a distributed exchange (POS). Will keep an eye out for updates to the thread. |
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Yeah, Bitcoin is safe because 2016 blocks is longer than the ~5 blocks or so that the median-of-last-11 blocks rule allows anyone to jump backward. You can play silly buggers with timestamps but the effect of it will be small enough that it's pointless. The fix proposed above is for cryptocurrencies that have introduced a vulnerability by retargeting every block.
The only true security against any difficulty and/or tw exploits is multi-peta hash rate. ~BCX~  |
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If I was running a 'secure' exchange and was dumb enough not to be able to secure my own personal coins, I still wouldn't be dumb enough to announce it..........just saying  Agreed. Why announce it? Oh it is setting the stage for the next announcement. The ex employee has robbed the exchange of all funds. He didn't "announce" it but admitted to it while we were discussing the massive sudden sell-off in the DGC forum. It was clear this would not be kept on the forum, so why hide it? None of you probably hold dgc anyway, and just love to get entertainment from the misery of others. There are lots of scams going on, but some of you guys see scams everywhere now. Time of paranoia. Cool down a bit.  |
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Capitulating eh??? Good for you. People who can hack it don't people who can't do. It you don't have the wherewithal for business then you probably will not hack it in cryptos. So good luck on your future endeavours. Maybe you will find the thing that make you hit it big.
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Personally I like IFC, but to be frank it's been one of the biggest pump and dump coin in CC history. So condemning DOGE for doing the same...  No that is not true. IFC was an excellent experiment in cryptocoins. It was an interesting set of parameters that hadn't been tried. I expected that network hashrate would dry up within a year. You can go through my post history back to April through July to see. I anticipated a price increase from increased scarcity but there were no measures put in place to handle the upcoming hashrate decline. Well it is true, it went from a dead coin when it was switched over from BTC/IFC to LTC/IFC to a raging bull and back down to the depths, with quite a few pumps and dumps in between. I watched after it was dumped from its first high. Someone patiently began filling in buy orders for 1 LTC at regular intervals all the way back up to near where it had been. If someone sold to him, he carried on higher and higher. Then he filled the gaps. It got dumped again within days. I agree that it was an excellent experiment with an interesting set of parameters. Historically speaking, I would say it is important and has been hugely influential. Now it is kind of retro in a funny way. as hipsters prove, retro will be cool one day. So maybe in a decade or two? But in crypto terms that may be 18 to 36 months. ;P |
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very good article dogechode,
Not sure if you have an economics background or not but a lot of what you wrote about is econo 101. Sadly copy and paste coins don't even need developer experience and worse yet none of them have any understanding of economics. If you can expand on this article by explaining the economic rules in play that causes this failure in price then this would be a good inclusion in a user guide for coin developers.
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Personally I like IFC, but to be frank it's been one of the biggest pump and dump coin in CC history. So condemning DOGE for doing the same... No that is not true. IFC was an excellent experiment in cryptocoins. It was an interesting set of parameters that hadn't been tried. I expected that network hashrate would dry up within a year. You can go through my post history back to April through July to see. I anticipated a price increase from increased scarcity but there were no measures put in place to handle the upcoming hashrate decline. There were a few adjustments to the transaction fees but nothing that would help support mining. As a result the hashrate is down. With fewer miners you have fewer participants in the coin which means you have fewer promoters which means that your market remains small and you have to forcefully market the coin instead of organically growing it. DOGE's hashrate grew in size and its popularity increased with it. It wasn't a small subset of promoters but a large group where many small collectives independently provided promotion along with the core group. That is real marketing. Core group guides marketing and the smaller groups do their own thing. Again, IFC is not bad. I'm fond of it. I made a decent profit. But it needs to solve a few issues that keeps it from going to the next tier of coins. 1. Incentivize miners again. Bring back your core group of supporters. 2. Reduce shameless promotion/marketing for a while. Have a quiet period. Only report facts. Wallet update, algorithm updates, added feature. This will build a strong collective group of supporters that are interested enough to invest time to monitor the progress. They will be some of your strongest supporters in the future. Incentivize their early reinvestment and risk. 3. Let IFC promotion grow organically at first. Let your supporters start spreading the word. People love rumors/tips/insider info. This incentivizes your early adopters more and builds another level of supporters, the friends and family plan. 4. Promote the coin only when it has peaked in organic growth with a road map for new feature deployment days. This fuels trading activity, especially if the new feature incentivized buyers before it is deployed. 5. Make sure what you build has staying power and keeps incentivizing long term adopters. It is sad but true. Value is built on the backs of previous labor unless it is fiat (then it steals from the future laborers). To grow value in an inflationary currency (anything that added rewards) you need to increase value faster that it is being lost through creation. If people value IFC then they will store some of it. If they are rewarded in storing that value through price appreciation then they will store more. Good luck developers. I'll be watching. |
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Merge mining destroyed all the SHA256 coins. I talk to so many farm minersof BTC that merge mine all these coins that they end up not knowing what to do with them. They just dump them as soon as they get them because the prices keep going down.
Merge Mining is the worst implementation for coin networks. I can't believe they didn't forsee this happening. That is what happens when you get a computer science degree but don't double major in finance.
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I personally supported IFC up until the point I realised that its going to be really hard to keep mining power on the coin when the block reward drops very low right now IFC can be 51% attacked with not to much hash power if the block rewards were dragged out over a longer amount of time it would have made a lot of difference but right now the only way to keep the minors mining it to keep upping the TX fee if would like to have a more secure investment you might want to take a look at POS ( Proof of Stake ) coins as they don't rely on POW hash power to keep things moving  This is what I anticipated would happen. Instead the initial development team walked away and a new team took its place thinking that it was just a mere marketing effort rather than a technical issue. There were several potential changes that should have been made and still could be made. Infinite coins... do what DOGE does, infinite coins, provide random rewards with a high stake. Miners would join the network on the off chance that they hit big. Change to variable-n factor. Transition is easy and you gain the adopt of many GPU farms after the ASIC flood swamps scrypt mining. There are SOOOOOOOOOOO many options but the developers are not smart enough, or aggressive enough to try to redefine the coin network. Unless I see more innovation or better ideas, I don't have high hopes for IFC like I did. I have to find the original developer to see what he is doing today. POS is a good idea and should be included in ever coin bot shouldn't be the end all be all factor of a coin. POS would help IFC but would not be game changer for me. Well seems to me that from the other thread, you had a chance to give some input on the future of this coin but instead you took offence and took your bags and left. Crying now, whether right or wrong, is not going to help. Looking at your old posts over the last week on IFC you can clearly see you have a real vendetta. You don't like it then leave it be. The old Dev would have left it to you if you were capable. Instead he left if to someone very capable and he is following his vision of the coin based on the concept that it was created after. You know something, I see this all the time. Its not only with IFC but the community behind a lot of these coins are happy when the coins are soaring but the time it sinks they sit back and take a shit on the devs. I wouldn't be suprised if some of these devs just says fuck you and go about their business. This is currently happening with earthcoin, and forget premine, you shit all over the guys doing the work then he has no reason to do anything to get you richer. The difference with IFC is that the community is actually coming together and doing things and assisting the dev. Once again you were asked to be a part of this and you fucked off. You are not happy with it buddy then please yourself. Keep your stash and hope for the best or sell it. Makes no difference. Slinging this shit around just hurts the smaller holders of this coin. And it is shit you are slinging because they clearly invited you onboard to be a part of the direction of this coin, no matter how you spin it. Your choices are to get with the team and share your vision and maybe things will change or keep yammering. The latter is just stupid. It's pissing where you drink from! Hope this is transparent enough for you You only looked back a few weeks?!?! LOL take a Ritalin pill and try going bac' a few months. Yes since IFC was under new management it has failed time and time again. I"m not crying. I still have over $500k in the coin I"m trying to sell off. I'm not going to cry if it is only $100k or $1mill. 2 months of mining at $2000 means PROFIT!!!! ROTFLMAO!!!!!! Don't get mad bro, if I'm selling off my coins just buy them off me. I'm only ask you buy them at 500 or higher so I can collect my half million plus. After all you care more about the coin than I do. So you seem to fee that the current price is a great value. So buy them M eFer. I"m not happy so I'm selling. Of course you want me to keep them so I don't tank your investment. Usually when people say "if you are not happy then GTFO". Funny you didn't say that. Seems you would be a bagholder if I got out at current prices. You are SOOOO obvious! Thanks for being transparent. This is great for IFC. It reports to the community where everyone's pain points are. Seems your pain points are at current prices. My pain point would be at... oh... about... .00000001. So as long are I get .00000002 I get a 200% profit. So there is that. Doubling my money to me means.....        |
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I personally supported IFC up until the point I realised that its going to be really hard to keep mining power on the coin when the block reward drops very low right now IFC can be 51% attacked with not to much hash power if the block rewards were dragged out over a longer amount of time it would have made a lot of difference but right now the only way to keep the minors mining it to keep upping the TX fee if would like to have a more secure investment you might want to take a look at POS ( Proof of Stake ) coins as they don't rely on POW hash power to keep things moving This is what I anticipated would happen. Instead the initial development team walked away and a new team took its place thinking that it was just a mere marketing effort rather than a technical issue. There were several potential changes that should have been made and still could be made. Infinite coins... do what DOGE does, infinite coins, provide random rewards with a high stake. Miners would join the network on the off chance that they hit big. Change to variable-n factor. Transition is easy and you gain the adopt of many GPU farms after the ASIC flood swamps scrypt mining. There are SOOOOOOOOOOO many options but the developers are not smart enough, or aggressive enough to try to redefine the coin network. Unless I see more innovation or better ideas, I don't have high hopes for IFC like I did. I have to find the original developer to see what he is doing today. POS is a good idea and should be included in ever coin bot shouldn't be the end all be all factor of a coin. POS would help IFC but would not be game changer for me. Well seems to me that from the other thread, you had a chance to give some input on the future of this coin but instead you took offence and took your bags and left. Crying now, whether right or wrong, is not going to help. Looking at your old posts over the last week on IFC you can clearly see you have a real vendetta. You don't like it then leave it be. The old Dev would have left it to you if you were capable. Instead he left if to someone very capable and he is following his vision of the coin based on the concept that it was created after. You know something, I see this all the time. Its not only with IFC but the community behind a lot of these coins are happy when the coins are soaring but the time it sinks they sit back and take a shit on the devs. I wouldn't be suprised if some of these devs just says fuck you and go about their business. This is currently happening with earthcoin, and forget premine, you shit all over the guys doing the work then he has no reason to do anything to get you richer. The difference with IFC is that the community is actually coming together and doing things and assisting the dev. Once again you were asked to be a part of this and you fucked off. You are not happy with it buddy then please yourself. Keep your stash and hope for the best or sell it. Makes no difference. Slinging this shit around just hurts the smaller holders of this coin. And it is shit you are slinging because they clearly invited you onboard to be a part of the direction of this coin, no matter how you spin it. Your choices are to get with the team and share your vision and maybe things will change or keep yammering. The latter is just stupid. It's pissing where you drink from! Hope this is transparent enough for you You only looked back a few weeks?!?! LOL take a Ritalin pill and try going bac' a few months. Yes since IFC was under new management it has failed time and time again. I"m not crying. I still have over $500k in the coin I"m trying to sell off. I'm not going to cry if it is only $100k or $1mill. 2 months of mining at $2000 means PROFIT!!!! ROTFLMAO!!!!!! Don't get mad bro, if I'm selling off my coins just buy them off me. I'm only ask you buy them at 500 or higher so I can collect my half million plus. After all you care more about the coin than I do. So you seem to fee that the current price is a great value. So buy them M eFer. I"m not happy so I'm selling. Of course you want me to keep them so I don't tank your investment. Usually when people say "if you are not happy then GTFO". Funny you didn't say that. Seems you would be a bagholder if I got out at current prices. You are SOOOO obvious! Thanks for being transparent. This is great for IFC. It reports to the community where everyone's pain points are. Seems your pain points are at current prices. My pain point would be at... oh... about... .00000001. So as long are I get .00000002 I get a 200% profit. So there is that. |
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If he is indeed real Satoshi, he does not need a dime.
If he is a victim of real Sathoshi's anonymity, what is stopping the real Satoshi from coming forward and donate a few BTC from his personal enormous wealth?
He forgot his encryption key? ROFL. It would explain his quitting the who crypto ind.ustry. Dude is pisssssssed |
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Lol what a joke. Gridseeds are the worst performing miners of all of them.. Be the time to scale up you will be wiped out by the miners coming in June. Gridseeds are good for 2 months tops. Anyone who buys in will be ass out in 60 days.
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Take tons of capital to keep the prices where they are/were. Now that you lost the one person who was pumping, the end is near.
What I am afraid though, is all those poor people you all coned into buying at 180+ are holding coins...They might hold a lot, but for many it could be a lot to them, and if that is the case and they lose their asses on it ( which is most likely going to happen ), this might turn them off.
this coin was a joke to begin with ...imo the only reason it originally exploded is because the pennystock puffers pumped it over on investorshub! >>>GAME OVER<<< Wow. flash from the past!!! Investorhub. I remember when they were small time to ragingbull!!! LMAO. Brings back memories.... Mark Karpeles and Matty >>>SEPARATED AT BIRTH?LOLOLOLLL  So I guess Investors Hub survived? I've been in forex through the carry trade days. I missed all the drama. ~who the hell you think pushed BTC past $1200!!!??? LMFAOOOO!!!! ;-) weeeeeeeeeeeee ROFL. Not even capital in those POS's. With all the lawsuits I think they had other priorities. |
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still ignoring anderi until he improves his presentation style
Can't see the forest for the trees eh? It's easy to ignore that which is in front of you. Maybe your judgement is clouded. Yourself perceived knowledge, wealth, status ignores reality. You might want to review your keyboard. Instead of an "i" you need to move down and to the right and you will find to correct letter "l". |
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How about coordinated with a law office of dorian's choice and funding it with BTC to protect him/prosecute Newsweek for their inept" journalism". |
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Can you please elaborate on the recent spike in LTC vs BTC price?
Also, it seems Litecoin could be trending differently than it has for the past three months.
Insight appreciated!!!
It's an anomaly. A blimp on the screen. I expect that BTC/LTC will dip again to .02 or lower before the rally to higher levels. |
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Take tons of capital to keep the prices where they are/were. Now that you lost the one person who was pumping, the end is near.
What I am afraid though, is all those poor people you all coned into buying at 180+ are holding coins...They might hold a lot, but for many it could be a lot to them, and if that is the case and they lose their asses on it ( which is most likely going to happen ), this might turn them off.
this coin was a joke to begin with ...imo the only reason it originally exploded is because the pennystock puffers pumped it over on investorshub! >>>GAME OVER<<< Wow. flash from the past!!! Investorhub. I remember when they were small time to ragingbull!!! LMAO. Brings back memories.... Mark Karpeles and Matty >>>SEPARATED AT BIRTH?LOLOLOLLL So I guess Investors Hub survived? I've been in forex through the carry trade days. I missed all the drama. |
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