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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin High Performance

on: September 24, 2013, 10:39:23 AM

Quote from: Trillium on September 23, 2013, 11:13:16 PM Quote from: acoiner1 on September 23, 2013, 09:45:19 PM Quote from: Stinky_Pete on September 23, 2013, 07:26:48 PM Quote from: acoiner1 on September 23, 2013, 07:15:05 PM XPM difficulty keeps on trending downwards and devastate the confidence of miners and investors. Now it is fighting for its survival. Is the difficulty trending downwards? I think it has stablized at about 9.865. I'm worried that the exchange rate is low, but then so are most of the alt-coins. I say hang on in. It is not stabilized yet. Even stabilized is not a good sign as which indicates no new mining power join in. Again the issue of 'what is significant change in difficulty' comes up. Look at the difficulty over roughly the last 20 days. It is showing variation but that variation is VERY SMALL at most 9.86 +/- 0.01. We are only talking +/- 1% over in the difficulty 9 range. You wouldn't care if petrol / gas prices raised or lowered 1%... or if the price of milk or bread at the grocery store varied by 1%. We can assume primecoin diff is stable. The oscillations seen when the y-axis of that graph is showing a small range are not significant. https://i.imgur.com/DALgbJw.png The point is, XPM lost its steam, and if it is not able to standout - it is doomed to fail. That is what we saw right now. If it can not distinguish it from the rest alt coins, there will be no chance for it to attract attention AGAIN, as new alt-coin may come to be the poster boy. That is to say, it lost its opportunity.

Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin High Performance

on: September 23, 2013, 09:45:19 PM

Quote from: Stinky_Pete on September 23, 2013, 07:26:48 PM Quote from: acoiner1 on September 23, 2013, 07:15:05 PM XPM difficulty keeps on trending downwards and devastate the confidence of miners and investors. Now it is fighting for its survival. Is the difficulty trending downwards? I think it has stablized at about 9.865. I'm worried that the exchange rate is low, but then so are most of the alt-coins. I say hang on in. It is not stabilized yet. Even stabilized is not a good sign as which indicates no new mining power join in.

Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin High Performance

on: September 23, 2013, 07:15:05 PM

XPM difficulty keeps on trending downwards and devastate the confidence of miners and investors. Now it is fighting for its survival.

Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin High Performance

on: September 13, 2013, 03:16:34 PM

Sadly, the difficulty level dropped and XPM price keeps dropping. If trend continues, the XPM market will crash.

Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin High Performance

on: August 27, 2013, 10:14:37 PM

The very first Bitcoin investment trust proposal is sitting on SEC's table. Hope it can get approved and goes to the mainstream retail investors: http://pdf.secdatabase.com/956/0001193125-13-279830.pdf http://www.secdatabase.com/CIK/1579346/Company-Name/WINKLEVOSS-BITCOIN-TRUST The regulation might be a good thing as more people and organization can invest in this new type of currency. If the mining of the XPM is not limited to big whales, and thus less price fluctuation, we will see better adoption of XPM and brighter futures. To most investors, the price fluctuation is risk. Investor does not like risks, and day traders are not investors.

Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin High Performance

on: August 27, 2013, 05:40:27 PM

Quote from: paulthetafy on August 27, 2013, 05:36:23 PM Quote from: Entz on August 27, 2013, 05:04:17 PM Quote from: acoiner1 on August 27, 2013, 04:50:08 PM Because I use the AWS Credit purchased from ebay - the discount of 50% contributed to the profit margin. Indeed. Between the PowerOf60 promo and 3 ebay credits (Max I think or maybe by promo) you can get $400 worth of compute time for ~$150. But past that it wont pay for itself Edit: Math fix. Could of sworn the PowerOf60 was 200, must be thinking of Azure. I couldn't get the $100 ones off ebay to work for me - I get an error saying only one promotion code can be applied. Anyway I have one for sale if anyone is interested PM me There is another type of code, that you can apply three codes to each account.

Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin High Performance

on: August 27, 2013, 04:50:08 PM

Quote from: atariguy on August 27, 2013, 04:13:13 PM Quote from: acoiner1 on August 27, 2013, 02:55:58 PM Quote from: Sy on August 27, 2013, 01:27:02 PM Running hp10 since monday morning, found 3 blocks on monday with 20 cores, none today - guess it still comes down to luck Oh and 2 blocks over the weekend with hp9 Which instance type did you use? I found the c1.xlarge is the most cost effective. By running HP10 the blocks generated can cover 90% of the bill, given I bought the discounted AWS Credit code to fund the running cost, I am still at profit with sizable margin. If it only covers 90% of the bill, how are you "still at profit with sizable margin"? And the falling exchange rate certainly isn't helping... Because I use the AWS Credit purchased from ebay - the discount of 50% contributed to the profit margin.

Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin High Performance

on: August 27, 2013, 02:55:58 PM

Quote from: Sy on August 27, 2013, 01:27:02 PM Running hp10 since monday morning, found 3 blocks on monday with 20 cores, none today - guess it still comes down to luck Oh and 2 blocks over the weekend with hp9 Which instance type did you use? I found the c1.xlarge is the most cost effective. By running HP10 the blocks generated can cover 90% of the bill, given I bought the discounted AWS Credit code to fund the running cost, I am still at profit with sizable margin.

Other / Beginners & Help / Re: Alt-Coins

on: August 27, 2013, 04:21:20 AM

After the all the volatility, I would see the future lies on XPM side.

Alternate cryptocurrencies / Altcoin Discussion / Re: [XPM] Free PrimeCoin Giveaway

on: August 27, 2013, 04:14:02 AM

Thank you for send us the XPM for free!

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