Only 242 votes now  Any reason why a coin loses votes? Got to get the number up - lets get voting again! https://www.mintpal.com/votingT Come on folks,keep pushing on mintpal!!!!! We have 661 votes at last time of checking....................unfortunately top spot has 87425 votes,so we have a long long way to go. We are doing pretty well though as we're almost halfway up the voting table  Keep voting every hour or whenever you can : https://www.mintpal.com/votingThey have divided every coins votes by 5 and I believe you can only vote once per hour now. |
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Doesn't seem to be much going on with this coin to say it has 3 main devs and a few other people including a successful, serial entrepreneur.
What are they all doing?
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Crypto-coinz all my coins just disappeared and difficulty is now back to 0.013 whats going on?
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Calm down boys, but what this?  I'm not getting any unconfirmed coins hopefully it is just the system and I'm not mininfg for nothing |
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You know, I just thought of a great idea to get this coin rolling, all the people that read, follow, and support this coin, but rarely or have never posted here, please post and introduce yourselves! We all would love to meet you and hear any comments that you may have. Also, I personally have had 4 280x's pointed exclusively at GPUC since launch, and yeah, i'm talking I solved like 5 blocks at oakpool when the reward was still 1 coin. But, the troubles we have had are just not helping buy pressure at all. I'm considering pointing two of my cards at litecoin, dogecoin, vertcoin or some such other high volume coin that I can mine and dump and move the BTC over to put buy pressure up on gpucoin, not even necessarily buying it outright, just putting up the highest bid, and letting the dumpers sell to me. I'll probably get more coin, and boost the price. The only hesitation I have is that the network hash is so low right now. But, I'm thinking that if we watch it carefully, in a couple days we could boost the price and volume all by ourselves, even on our small exchanges,without any help, and that will bring back a few miners when the price goes up some, etc. What y'all think?
waltsmith
Nice comment. I will start (if anyone has not posted yet after done typing this one)  I am bitwarrior and I am a self-confessed crypto-addict We can try your suggestion. BAsically the market is reactionary, once they see that the price pf GPU is increasing and stablising, miners tries to focus their miners on that coin , increasing the difficulty, gaining demand on the exchange. Poloniex and Mintpal are good exchanges, But I suggest that you also try atomic-trade.com Thanks for hearing me out. GPUC is already on Atomic. It's a good exchange not sure why more people aren't happy to use it as it regulated due to being able to pay out in $ |
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i just tweeted to poloniex to add gpuc
Poloniex Exchange @Poloniex 13m GPUC/BTC (GPU Coin) market added. Tips are welcome GQrfSsAF7qPEE7QZC8maUVQj45wCeKv9V2 Good news on Poloniex I've been using the exchange on and off since it opened and never had any problems. People complaining about not being able to mine enough should work out how much it would cost you in BTC and therefore $ to purchase enough GPUC to purchase a graphics card. Don't forget as the exchange price goes up, the amount of GPUC you need comes down. Had an idea in my head for a few days and not sure if it's worth looking at just at the moment, but we seem to be forgetting that there is a whole other market out there that buys Graphics cards the Gaming Market. I just wondered whether it would be worth spamming PCgamer forum or similar site with links to this thread and the main site? It might drum up some more interest and GPUC buys |
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Just thought I would post this calculation to show why I believe GPUC will be a success and will be used by people who haven't even mined any.
I pulled all the figures off crypto-rush exchange about 20 mins ago.
So lets say you have only just heard of GPUC and your balance is at 0
Current BTC price is around $600
According to the front page the selling price of a R9 280x will be $480 which is 0.8 BTC
At the current price of 0.00000029 you will need 2,758,620 GPUC to purchase a 280x
As the price is going to be directly linked to the exchange, as the price in GPUC/BTC goes up the amount of GPUC you will need comes down.
Buy 323,814.75 GPUC at 0.00000029 = 0.09390268 BTC
Buy 137,152 GPUC at 0.00000030 = 0.04114560 BTC
Buy 50,000 GPUC at 0.00000031 = 0.01550000 BTC
Buy 30,000 GPUC at 0.00000033 = 0.00990000 BTC
Buy 100,964.12 GPUC at 0.00000034 = 0.03432780 BTC
Buy 502,354.18 GPUC at 0.00000035 = 0.17582397 BTC
Buy 667,799.73 GPUC at 0.00000036 = 0.24.4.790 BTC
Buy 25,820.54 GPUC at 0.00000037 = 0.00955360 BTC
Buy 35,000 GPUC at 0.00000038 = 0.01330000 BTC
Buy 58,240 GPUC at 0.00000039 = 0.002271393 BTC
Now as you have pushed the price up to 0.00000039 you will only need a total of 2,000,000 GPUC at 0.00000040 to purchase a 280x
Buy 68,853.85 GPU at 0.00000040 = 0.02754154 BTC
So you now have a total of 2,000,000 GPUC enough to purchase your 280x
Where this gets interesting is when you add up how much it has cost you in BTC to purchase those 2,000,000
you will need to spend 0.6636 BTC which is roughly $398 that's $82 cheaper than if you bought from the store directly in $
This is only an example, and once things get up and running properly, there will be more volume on the exchange, and you may only push the price from say 0.00000029 up to 0.00000034
to get you desired amount of GPUC but the same principle applies.
There is a flaw, in that the price will only go up to a level that is equal to the price of a gpu or less. otherwise people will just go and pay for one with cash.. So the price can only go so high any more and people will be throwing away money.. I'm not sure exactly what you mean. Surely the price of GPUC can go to whatever the market pushes it to. If in the unlikely event it went up to say 0.001 BTC you would then need only 800 GPUC to purchase a 280x using the above figures. 800 x 0.001 = 0.8 BTC you would never pay more than what the graphics card is worth BTC/GPUC/$ value Ok, look at it like this. Why buy gpucoin? to get a gpu, am i right.. or am i wrong.. If i am wrong and the people buy just because they want to make money on the coin, buying and selling the coins, then we will could still see a steep rise. But i have doubts, because if people know what the coin is being used for purchasing the gpu's then they would not buy coins that work out more expensive than buying one in a store.. Where are you getting more expensive than in a store from? As I posted in the calculation using those figures (which may not be accurate as far as the $ sale price of a 280x) You are getting a $480 graphics card for $398 If when the shop front opens the sale price in $ of a 280x has come down to say $400 then you would get one for about $320 |
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Just thought I would post this calculation to show why I believe GPUC will be a success and will be used by people who haven't even mined any.
I pulled all the figures off crypto-rush exchange about 20 mins ago.
So lets say you have only just heard of GPUC and your balance is at 0
Current BTC price is around $600
According to the front page the selling price of a R9 280x will be $480 which is 0.8 BTC
At the current price of 0.00000029 you will need 2,758,620 GPUC to purchase a 280x
As the price is going to be directly linked to the exchange, as the price in GPUC/BTC goes up the amount of GPUC you will need comes down.
Buy 323,814.75 GPUC at 0.00000029 = 0.09390268 BTC
Buy 137,152 GPUC at 0.00000030 = 0.04114560 BTC
Buy 50,000 GPUC at 0.00000031 = 0.01550000 BTC
Buy 30,000 GPUC at 0.00000033 = 0.00990000 BTC
Buy 100,964.12 GPUC at 0.00000034 = 0.03432780 BTC
Buy 502,354.18 GPUC at 0.00000035 = 0.17582397 BTC
Buy 667,799.73 GPUC at 0.00000036 = 0.24.4.790 BTC
Buy 25,820.54 GPUC at 0.00000037 = 0.00955360 BTC
Buy 35,000 GPUC at 0.00000038 = 0.01330000 BTC
Buy 58,240 GPUC at 0.00000039 = 0.002271393 BTC
Now as you have pushed the price up to 0.00000039 you will only need a total of 2,000,000 GPUC at 0.00000040 to purchase a 280x
Buy 68,853.85 GPU at 0.00000040 = 0.02754154 BTC
So you now have a total of 2,000,000 GPUC enough to purchase your 280x
Where this gets interesting is when you add up how much it has cost you in BTC to purchase those 2,000,000
you will need to spend 0.6636 BTC which is roughly $398 that's $82 cheaper than if you bought from the store directly in $
This is only an example, and once things get up and running properly, there will be more volume on the exchange, and you may only push the price from say 0.00000029 up to 0.00000034
to get you desired amount of GPUC but the same principle applies.
There is a flaw, in that the price will only go up to a level that is equal to the price of a gpu or less. otherwise people will just go and pay for one with cash.. So the price can only go so high any more and people will be throwing away money.. I'm not sure exactly what you mean. Surely the price of GPUC can go to whatever the market pushes it to. If in the unlikely event it went up to say 0.001 BTC you would then need only 800 GPUC to purchase a 280x using the above figures. 800 x 0.001 = 0.8 BTC you would never pay more than what the graphics card is worth BTC/GPUC/$ value |
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Just thought I would post this calculation to show why I believe GPUC will be a success and will be used by people who haven't even mined any.
I pulled all the figures off crypto-rush exchange about 20 mins ago.
So lets say you have only just heard of GPUC and your balance is at 0
Current BTC price is around $600
According to the front page the selling price of a R9 280x will be $480 which is 0.8 BTC
At the current price of 0.00000029 you will need 2,758,620 GPUC to purchase a 280x
As the price is going to be directly linked to the exchange, as the price in GPUC/BTC goes up the amount of GPUC you will need comes down.
Buy 323,814.75 GPUC at 0.00000029 = 0.09390268 BTC
Buy 137,152 GPUC at 0.00000030 = 0.04114560 BTC
Buy 50,000 GPUC at 0.00000031 = 0.01550000 BTC
Buy 30,000 GPUC at 0.00000033 = 0.00990000 BTC
Buy 100,964.12 GPUC at 0.00000034 = 0.03432780 BTC
Buy 502,354.18 GPUC at 0.00000035 = 0.17582397 BTC
Buy 667,799.73 GPUC at 0.00000036 = 0.24.4.790 BTC
Buy 25,820.54 GPUC at 0.00000037 = 0.00955360 BTC
Buy 35,000 GPUC at 0.00000038 = 0.01330000 BTC
Buy 58,240 GPUC at 0.00000039 = 0.002271393 BTC
Now as you have pushed the price up to 0.00000039 you will only need a total of 2,000,000 GPUC at 0.00000040 to purchase a 280x
Buy 68,853.85 GPU at 0.00000040 = 0.02754154 BTC
So you now have a total of 2,000,000 GPUC enough to purchase your 280x
Where this gets interesting is when you add up how much it has cost you in BTC to purchase those 2,000,000
you will need to spend 0.6636 BTC which is roughly $398 that's $82 cheaper than if you bought from the store directly in $
This is only an example, and once things get up and running properly, there will be more volume on the exchange, and you may only push the price from say 0.00000029 up to 0.00000034
to get you desired amount of GPUC but the same principle applies.
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How do you choose the best TC for your card? Also I've been getting a lot of hw errors, but I lowered the Intensity, the HW errors stop, but my hash is low I was getting 200khash on scrypt, but only 22khash with no hw errors on N
What card are you using? |
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toxic for $399? DAMN well shit I may just pick some up now instead of waiting for the store that's cheap for such an awesome card.
If any of the DEVS or other people from the team are about it might be worth letting the CEO know about these price drops |
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Sorry if this has already been brought up, but Newegg is selling GPUs for pre-gouge prices right now. And they're in stock.
How does this affect GPU Coin?
To clarify: your discounted 280X price is $435 when I see one for $340 on Newegg right now.
Ye most of the cards seem to be under $400 even the Sapphire Toxic is only $399 hopefully the CEO has seen this and hasn't ordered the cards already at a higher price. |
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If you scroll down to the bottom of the balance page you should see thw withdrawel box, the image you posted.
It should say XXX available 0.000 and then a little arrow pointing down. Click on the arrow and it will bring up all the coins available on the site, change this to BTC and you will see min withdrawel is 0.005
It actually doesn't show anything in that drop-down box; it's just blank. My guess it's due to an account w/ empty balance? Possibly I'm not sure how the site works. I can assure you that you can withdraw less than 1 BTC though. If you do decide to use the site and your still having problems just message the owner ByronP in the troll box or via support, I'm sure he will be able to help you out. |
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GPUCoin team:
I am asking this again because I have not received an adequate response.
I am somewhat concerned about current plans for expansion including working with hardware developers to develop new splitters and working with the person who is making the frames.
It was clearly communicated that ALL IPO funds would be used to purchase GPUs.
Can you please alleviate my concerns that IPO funds are being used for expenses besides the GPU purchases? Can we get some more transparency? Can you show us some numbers?
If a single penny of IPO money is spent on things like experimental hardware development then I might want to move forward with getting a refund. From the website: "All sales of the initial pre-mined coins will be used to purchase GPUs to stock our on-line store."
Can we please confirm this is actually happening? It would take literally less than a minute for someone from GPUCoin to say: "Do not worry illiki, all IPO funds have been used to purchase GPUs."
I am assuming that my fears are just unwarranted and all the money did in fact go into a GPU wholesale purchase - but just wanted to double check. Transparency and communication is good in general.
I had the prototype rig built at a friends machine shop for free. It took two hours from showing up with a bunch of hardware to walking away with the rig in hand, and it was all left over metal from their previous job on a carrier. The splitters R&D costs are low, and I paid for them with my meager savings, which were for a SIG556 to accompany my P226, but decided that business needs were more dire than past time activities. As I stated before, we can't purchase at wholesale costs from the manufacturer until we hit the $1,000,000.00 USD monthly revenue, so we have to pick and choose from 6 distributors that sell ASUS, 8 distributors and 5 sub distributors that sell GIGABYTE, and 10 distributors that sell MSI; all of which require paperwork just to get their costs, which most times are way too much. I still call the manufacturers most days to see if someone nice will put me through to a higher up, just in case. The reason I'm not much in this thread is due to meetings, telephone calls, legal paper work, R&D and trying to coordinate with the devs about how to get the site prepared. Most coins are just that, coins; this is a business rolled up into a coin, so I'm sorry if I don't meet the conversational needs of the community, but it's quite a bit of work just trying to make sure some GPUs will show up in time for the store opening. There's a reason why Newegg was charging over $100 more than the ERP for a while. Thanks for the update. I'm sure most people understand that you are very busy setting things up, a quick post every 24/48 hours really helps to build confidence in this coin and keeps the 'scam mongers' away from the thread. Hopefully you will get chance to read through the thread and take on board any suggestions that you think might benefit GPUC |
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Do you maybe want to try reposting that screen capture with which coin it is talking about?
Coins such as HVC are minimum 1.0 withdrawel BTC is 0.005
My account currently has an empty balance so I don't know which coin that default withdrawal amount is referring to. Above it, I see various altcoin/btc address to deposite funds but the bottom withdrawal section is what it looks like in the screenshot above. If you scroll down to the bottom of the balance page you should see thw withdrawel box, the image you posted. It should say XXX available 0.000 and then a little arrow pointing down. Click on the arrow and it will bring up all the coins available on the site, change this to BTC and you will see min withdrawel is 0.005 Hope that helps |
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I'm going off what I saw from the atomic-trade interface:  Do you maybe want to try reposting that screen capture with which coin it is talking about? Coins such as HVC are minimum 1.0 withdrawel BTC is 0.005 |
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Hey all you guys that say you havent got your IPO or whatever reason you have for needing to talk to CEO, why don't you just hop on IRC? GPUC is usually signed in there....
on another note, have you guys read the stuff about cryptsy's bug that allows for price manipulation? I saw it on reddit and I'm not sure if it's just doge or what but it sounds like they know about it and are trying to cover it up rather than fix it so I think cryptsy is a bad idea. If they really are playing games and on their way to being gox for doge then it's just a matter of time before they are done. Atomic is a good exchange, just needs more volume but it's there if you want to buy some cheap GPUC.
All exchanges are technically a bad idea. There are no laws or regulating authorities for these exchanges. There are no audits. There is no transparency. There are no rules stating they have to let customer's know of security breaches, bugs, or exploits. They could scam every single last person out of every single bitcoin they can, close up shop, and walk away and there would be nothing anyone can do about it. There are a million and one ways exchanges can scam you an you wouldn't even realize it until it was far too late. Treat every third party wallet with caution. Keep only what you need there, and withdraw everything you don't. And for $DIETY's sake don't put any private information on these sites, especially given the terrible track record these sites seem to have in regards to security (not that there are any laws that require them to be secure). They want you to upload a photo ID, bank statement, and a bill to your current address? Tell ya what, just tell me your name and I'll see if I can low-ball the price for your identity on cheapamericanids.ru for ya. I understand where you are coming from as far as sending personal info to a random exchange not something I have ever done. What is the deal in the US as far as sites that also allow you to withdraw in $ I thought they had to be registered and were therefore considered more legitimate? |
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Ye Atomic-Trade is a really good exchange I'm not sure why more people don't use it.
Byronp the owner seems like a decent guy from what I can tell and is really up on security on the site.
Going off what I read in the troll box yesterday he also covers at least half of the online BTC with his own personal coins incase of anything going wrong.
From checking out atomic-trade, I see several annoyances. The password policy of needing symbol, uppercase, lowercase and digit. Giving an unhelpful error message on password reset for pw that don't meet that criteria. Not giving an error message at all when you try to change it after logging in. It also looks like the minimum withdrawal is 1.0 btc!? which is just plain ridiculous. I'm not sure what your complaint is here apart from you maybe had to input a password twice. The site makes sure that you have a random, very hard to brute force password surely this is a good thing? Minimum withdrawal is 0.005 BTC where are you getting 1 BTC from? |
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