What are the specifics of the long-term plan that sets this coin apart from other cryptocurrencies vying to be alternatives to government fiat?
Which other cryptocurrencies are you referring to? The ones that are obvious pump and dump scam coins? The ones with 10 million coin caps where there will never be enough coins in existence to be a truly viable option? Or how about the coins with decent values where the majority of the coins are held by a very small group of people (sounds kinda like the U.S dollar, right?)? While it is true that there are quite a few people holding huge amounts of Zeit right now, there are only a few who are genuinely supportive of the long term outlook of the coin. There are way more people who are short sighted and are only looking to take advantage of the relative ease with which the coin was mined in it's early stages and are quick to take advantage of any price increase to dump the coins for profit. Maybe those people will tire of the constant low value and dump and move on to the latest pump and dump scam coin of choice. Then the supporters of the coin will have more available on the exchanges, and with the community member's continued support and advertisement, more people who support the Zeitgeist ideals will gain interest and start buying them up. The community also supports helping projects such as charities, non-profit organizations that benefit mankind, and improving technologies. And of course, we would want Zeitcoin to eventually be accepted as a form of payment at businesses, like how Bitcoin is now. You want more information, then visit www.forum.zeit-coin.com and see what ideas we have for the coin. Better yet, if you have ideas, feel free to share them there. +1 People do remember that this is an open source community and it is what we make of it, right? Contributing skills/ideas and enlightening yourself to the Zeitgeist culture will be much more rewarding than collecting coins, no doubt. There are some here who expect to sit back in hopes that others are planning and building Zeitcoin for them. The more that people begin to look at this as a movement and not just a payoff, the more it'll evolve. Be a part of that evolution. Be the change you want to see in the world.Always a pleasure reading your posts sir. I hold Zeitcoin and will continue to. However, it's so easy for people to stuff like "Be a part of the evolution/movement etc," but unless you're holding tons of Zeit, then what is the motivation to be a part of it? The motivation is just a shade under 28% return/year. If the exchange rate rises, as is likely at these low levels, then that's just icing on the cake. This is not now, nor has it ever been, a quick flip coin. Says the guy with billions of coins. The coin has been fluctuating 25%-50% per day. Almost an ideal quick flip coin. LIke I said, I hold and will continue to hold, but I feel like these conversations need to be grounded in reality. Doesn't matter if you have billions or hundreds. A 28% gain is still 28% of your investment. Ideal quick flip coins have very low floats. There are hundreds of alts that match that description, Zeit is not one of them. There is almost zero volume on Zeitcoin of late, I don't see that you're adding much reality grounding. For a quick flip coin it scores very poorly. |
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What are the specifics of the long-term plan that sets this coin apart from other cryptocurrencies vying to be alternatives to government fiat?
Which other cryptocurrencies are you referring to? The ones that are obvious pump and dump scam coins? The ones with 10 million coin caps where there will never be enough coins in existence to be a truly viable option? Or how about the coins with decent values where the majority of the coins are held by a very small group of people (sounds kinda like the U.S dollar, right?)? While it is true that there are quite a few people holding huge amounts of Zeit right now, there are only a few who are genuinely supportive of the long term outlook of the coin. There are way more people who are short sighted and are only looking to take advantage of the relative ease with which the coin was mined in it's early stages and are quick to take advantage of any price increase to dump the coins for profit. Maybe those people will tire of the constant low value and dump and move on to the latest pump and dump scam coin of choice. Then the supporters of the coin will have more available on the exchanges, and with the community member's continued support and advertisement, more people who support the Zeitgeist ideals will gain interest and start buying them up. The community also supports helping projects such as charities, non-profit organizations that benefit mankind, and improving technologies. And of course, we would want Zeitcoin to eventually be accepted as a form of payment at businesses, like how Bitcoin is now. You want more information, then visit www.forum.zeit-coin.com and see what ideas we have for the coin. Better yet, if you have ideas, feel free to share them there. +1 People do remember that this is an open source community and it is what we make of it, right? Contributing skills/ideas and enlightening yourself to the Zeitgeist culture will be much more rewarding than collecting coins, no doubt. There are some here who expect to sit back in hopes that others are planning and building Zeitcoin for them. The more that people begin to look at this as a movement and not just a payoff, the more it'll evolve. Be a part of that evolution. Be the change you want to see in the world.Always a pleasure reading your posts sir. I hold Zeitcoin and will continue to. However, it's so easy for people to stuff like "Be a part of the evolution/movement etc," but unless you're holding tons of Zeit, then what is the motivation to be a part of it? The motivation is just a shade under 28% return/year. If the exchange rate rises, as is likely at these low levels, then that's just icing on the cake. This is not now, nor has it ever been, a quick flip coin. |
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Power consumption is such an overblown issue. People horribly overpay for slightly better power consumption, which makes very little difference in profitability over the life of these products. Sure, an sp10 is awesome vs an avalon at 9+ watts/gh, but when you're talking about small efficiency improvements it's just not worth paying a bunch more up front.
Improving the S1's power efficiency significantly is not very difficult either if one chooses to do so. There are threads around with detailed directions and photos to help. Just making blanket statements like 1w/gh or more shouldn't be considered is absurd, though you're welcome to your own opinion. The only thing that should matter is getting your investment back and making a positive ROI. For most poeple that's more likely to occur sooner with an s1(or 6) than either an s2 or a spondoolie.
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SP10 is more suitable for installation in the engine room inside, but its price is too expensive! Even if Bitcoin prices back to $ 1000, your investment will not be fully recovered, even without considering the electricity cost.
And the price of S2 is better? It's actually more $/GH than the SP10. And with S2 you get this: You'll need to RMA your current S2 back to bitmain and they will send a replacement out to you. Could take 2 or more weeks.
This is an ongoing issue with Bitmain in general. I too was just hit with a failed part, and the turn around on failed product WILL result in serious loss in mining payouts. There is an advantage to going with Bitmain for mining hardware, however due to their support on hardware with issues, you need to factor in as serious losses in revenue . Oh yeah dead bitmain gear you get fucked on the rma. that is pretty true. Takes a long time for replacement. they ask for a deposit . Happened to me. But a usa dealer sent me an s-1 upfront no cash no coin. I sent him the dead one. Since he is a big dealer he handled the rma for me. So I only lost 4 days mining but no replacement deposit. Thank you to bobsag3. Hey now, don't go mentioning the s1 again. The spondoolie heads are busily pretending it doesn't exist. |
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What are the specifics of the long-term plan that sets this coin apart from other cryptocurrencies vying to be alternatives to government fiat?
Which other cryptocurrencies are you referring to? The ones that are obvious pump and dump scam coins? The ones with 10 million coin caps where there will never be enough coins in existence to be a truly viable option? Or how about the coins with decent values where the majority of the coins are held by a very small group of people (sounds kinda like the U.S dollar, right?)? While it is true that there are quite a few people holding huge amounts of Zeit right now, there are only a few who are genuinely supportive of the long term outlook of the coin. There are way more people who are short sighted and are only looking to take advantage of the relative ease with which the coin was mined in it's early stages and are quick to take advantage of any price increase to dump the coins for profit. Maybe those people will tire of the constant low value and dump and move on to the latest pump and dump scam coin of choice. Then the supporters of the coin will have more available on the exchanges, and with the community member's continued support and advertisement, more people who support the Zeitgeist ideals will gain interest and start buying them up. The community also supports helping projects such as charities, non-profit organizations that benefit mankind, and improving technologies. And of course, we would want Zeitcoin to eventually be accepted as a form of payment at businesses, like how Bitcoin is now. You want more information, then visit www.forum.zeit-coin.com and see what ideas we have for the coin. Better yet, if you have ideas, feel free to share them there. +1 People do remember that this is an open source community and it is what we make of it, right? Contributing skills/ideas and enlightening yourself to the Zeitgeist culture will be much more rewarding than collecting coins, no doubt. There are some here who expect to sit back in hopes that others are planning and building Zeitcoin for them. The more that people begin to look at this as a movement and not just a payoff, the more it'll evolve. Be a part of that evolution. Be the change you want to see in the world.Always a pleasure reading your posts sir. |
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It is Illegal to point your weapon at federal agents... ooooh how far we have fallen since the greatness that was America. Nearly everything is illegal at this point. The things that aren't soon will be. The fed scumbags are fine pointing sniper rifles, but aiming at them is a skeery crime. Always two sets of rules. http://mises.org/daily/5759/Decriminalize-the-Average-ManThis was back in 2011, and the overactive congress critters pass thousands of useless laws a year. |
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sounds great, I've never been to poloniex...don't even know how to pronounce it. Weren't they just hacked?
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I think we need to focus on just one exchange. There seem to be very few people voting with any regularity.
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Slightly at a tangent to the OP - but I just wanted to give a UK perspective on land ownership. Over here we have no such thing as a Bill of Rights to worry about - and so over here we can happily   live in a country where 0.6 per cent of the British people own 69 per cent of the land on which we live - and they are mostly the same families who owned it in the 19th century. Thats right, the UK is owned, not by the hard working populace therein, but by the likes of the multi-billionaire Duke of Westminster - who has done nothing to earn his wealth - and is entitled to £9.2m in subsidies each year from us, the supplicant taxpayer  The UK is owned, for the large part, by Aristocrats. Where's the justice in that ? The injustices of the world aren't just down to fractional reserve banking after all. So think yourself lucky over the pond that the land you live on isn't owned by families proclaiming a Divine Right argument - though the Bundy clan might as well be, from where I'm sat. The vast majority of peasants in the US don't own "their" land either, they just think they do. |
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Wonder if it has anything to do with the dozens of shitcoins spewing forth everyday. I think the shitcoin craze is well and truly buried is it not? All those that I have kept my eye on are certainly well on the way to trending into obscurity. Come to think of it, I haven't seen Seleme on these forums for a while. He was very heavily invested in shitcoins....ha....ha...ahahahahaha......mwhahahaHAHAHAHAHAHA! FK that cunt! (yeah seriously). The time necessary for them to DIE seems to be shortening. Unfortunately manipulated garbage like blackcoin has everyone thinking they can get rich in a week, so new shitcoins are being gobbled up and regurgitated faster than ever. I wonder where we'd be if all or even most of this effort were going into bitcoin. |
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Wonder if it has anything to do with the dozens of shitcoins spewing forth everyday.
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I have version v2.0.1.2. Archive checksum that I downloaded a while ago matched current checksum in webpage. Mining reward isn't even 1 coin now? Not even just for tx fees? Earlier I was able to solo mine and get 1 coin per block, but now I get only accepted boooo shares  So, with this, mining of any kind has ended, right? Correct. This is now a pure PoS coin. |
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anyone else have a very good feeling about this coin? Why yes. |
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162.000965 sent to BVHMuf41bXasvkVYXRv3MkRK6YwX62Ko1S to help fund the block explorer/richlist.
TxId: e738dba3cf9cea10422f205f2201a02946cc89c731ef6cec049db14bdc4854a0
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Cryptsy is slower every day.
New improved suck today. Tried to make a trade...security error. refresh page = processing request for 2mins > waiting for available socket for 1min > waiting for cryptsy for 1 min > waiting for chat.freshdesk for 1min > waiting for cryptsy for 1 min > refreshed.
Enter trade data and press submit buy/sell order and start all over again...if you haven't fallen asleep yet. Took over 10 mins to receive trade confirmation and I was just filling a simple sell order.
No idea what these guys are doing to their service, but they need to stop doing it. Perhaps they're being ddos'd.
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You're just wasting your time AnonyMint. The guy is a mindless .gov droid. If the BATF told him to ram his weapon up his ass he'd probably ask how far. He's the type of neanderthal that narcs on his countrymen to get an extra helping of beans at camp FEMA.
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Also, more coins makes it harder for a couple whales to push the price all over the place, like some other coins that seem to be custom engineered for optimal manipulation.
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Not seeing a whole bunch of leveling off yet and the huge numbers of people still willing to gamble on pre-orders will ensure that we badly overshoot sane mining profit margins(we already are for people with high power costs).  |
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Used the walmart gyft card I bought while the window was briefly open. It was about what I'd expected. I even printed it out for them so they didn't have to be freaked out when I handed the cashier my phone to scan. It was still like they'd never heard of such a thing. It took 10-15 mins to get the right person to approve the purchase.
To be fair kmart's staff behaves similarly every single time I try them. I think I've even gotten the same cashier a couple times and it's like they've never heard of such a thing every time. Kmart even let me swap a kmart gyft card for an amex gift card once, but they've since claimed I cannot do that. Weirdest of all is that sears owns kmart and sears is bar none the most accommodating b&m shop I've used a gyft card. Walk in with a $500 sears gyft card and walk out with 4 $100 amex or mastercards and change.
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