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1841  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PHS][PoS] PhilosopherStone | PoS | No Premine | Exchanges | Active on: April 16, 2014, 02:53:08 PM
FINALLY!
1842  Alternate cryptocurrencies / Altcoin Discussion / Re: Proof of Stake Coin List on: April 16, 2014, 07:18:29 AM
The purpose of POS is to secure the network. POS reward is paid to secure the network by minting. High % return of POS is just a self-diluting game that puts a downward pressure on the coin's price, hence doesn't offer real return as "interest".

What about this? Is this paragraph also correct in your opinion?

The purpose of POW is to secure the network. POW reward is paid to secure the network by minting. High block reward of POW is just a self-diluting game that puts a downward pressure on the coin's price, hence doesn't offer real return.


1843  Alternate cryptocurrencies / Altcoin Discussion / Re: Proof of Stake Coin List on: April 16, 2014, 06:36:52 AM
Some of the really fantastic PoS coins have very high pricetags at this point, making them risky. Zeitcoin and ECCoin both pay 25% and can be stacked for only a few satoshis each. Both are PoW/PoS hybrids and both now have or will soon have very low PoW distribution(Zeitcoin is 1/block currently).

Zeitcoin:
https://bitcointalk.org/index.php?topic=487814.0

ECCoin:
https://bitcointalk.org/index.php?topic=503236.0
1844  Bitcoin / Hardware / Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s on: April 16, 2014, 06:22:14 AM
They have the in stock 1.6Th/s miners out on sale for $4799. Lots of people must have cancelled their order and requested a refund.


probably because KnCMiner just opened up sales of mini Neptune for $3500 at same speed and lower power consumption than cointerra's.

Correction. Knc did *NOT* just open up sales of mini Neptunes. They opened up a NON-REFUNDABLE queue in which you may pay 100% of the price now and hopefully get your perishable product if and when they get around to building it.
1845  Bitcoin / Hardware / Re: HashFast Sierra's Owners Thread on: April 16, 2014, 06:12:35 AM
Sounds like hashfast. Angry What was your order #, if you don't mind saying?
1846  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: April 16, 2014, 06:04:45 AM
A buddy of mine got his last Saturday. Been hashing at around 1.2-1.25TH daily he says.

Any idea what his order # was? Mine's 1955 and I haven't seen anything from hashfail.
1847  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★█ Zeitcoin Movement █★ [ZEIT] POW/POS ★MULTIPOOL★ Join Our Thriving Community! on: April 16, 2014, 05:52:11 AM
day traders are making this difficult

They'll be bored and go away soon.
1848  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★█ Zeitcoin Movement █★ [ZEIT] POW/POS ★MULTIPOOL★ Join Our Thriving Community! on: April 16, 2014, 02:54:16 AM
Yep. Think the majority of the weakest hands have sold. We should see the price stabilizing at these levels. Very healthy action today. Once the people looking for extremely short term gains are done with Zeitcoin and move on we should see nice steady appreciation.
1849  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PHS][PoS] PhilosopherStone | PoS | No Premine | Exchanges | Active on: April 16, 2014, 02:08:17 AM
Minar.cc Mining Pool UPDATE

  • The pool is now updated to latest version of PhilosopherStone from source


  • All payouts queued were sent! (sorry for that, just wanted to make sure most users updated their clients first)


  • Both Auto Payout and Manual Payouts are processed every minute!
    I REALLY suggest you set your auto payout threshold low so you enjoy fast payouts processed every minute!


As always, you are welcome to join us at
PHS.Minar.cc

Thank you. Payout received! Smiley

Now if only cryptsy could get sorted.
1850  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★█ Zeitcoin Movement █★ [ZEIT] POW/POS ★MULTIPOOL★ Join Our Thriving Community! on: April 16, 2014, 01:09:11 AM
Holy cow those ask walls on mintpal thinned out in a hurry. Cheesy
1851  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★█ Zeitcoin Movement █★ [ZEIT] POW/POS ★MULTIPOOL★ Join Our Thriving Community! on: April 16, 2014, 12:50:22 AM
Ignored.
1852  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★█ Zeitcoin Movement █★ [ZEIT] POW/POS ★MULTIPOOL★ Join Our Thriving Community! on: April 15, 2014, 10:27:21 PM
you'd better raise them then.

silly dumpers are silly.
1853  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★█ Zeitcoin Movement █★ [ZEIT] POW/POS ★MULTIPOOL★ Join Our Thriving Community! on: April 15, 2014, 10:05:37 PM
There's only one way this can go.

Count it.
1854  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★█ Zeitcoin Movement █★ [ZEIT] POW/POS ★MULTIPOOL★ Join Our Thriving Community! on: April 15, 2014, 01:28:16 PM
The devs are easily reached on the Zeitcoin forums.

1855  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★█ Zeitcoin Movement █★ [ZEIT] POW/POS ★MULTIPOOL★ Join Our Thriving Community! on: April 15, 2014, 12:06:50 PM
The wallet is FIFO so your oldest coins are taken first if you transfer ZEIT.

We need a wallet with coin control.
1856  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PHS][PoS] PhilosopherStone | PoS | No Premine | Exchanges | Active on: April 15, 2014, 07:10:44 AM
Nope, still no cryptsy. Guess they're on dialup. Tongue
1857  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★█ Zeitcoin Movement █★ [ZEIT] POW/POS ★MULTIPOOL★ Join Our Thriving Community! on: April 15, 2014, 04:40:42 AM
Who cares about sells at 22 satoshis? Those guys won't be staking and they won't be selling for a long long time. More power to them.
1858  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★█ Zeitcoin Movement █★ [ZEIT] POW/POS ★MULTIPOOL★ Join Our Thriving Community! on: April 15, 2014, 02:39:17 AM
err.. 9 Wall is 30BTC  Angry
Looks someone doesn't want ZEITCoin to move.

Lowest ask was 7 just a few minutes ago. Looked like we were heading for a correction.
1859  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PHS][PoS] PhilosopherStone | PoS | No Premine | Exchanges | Active on: April 15, 2014, 12:00:39 AM
From the op:

http://phs.cryptotroll.com/

Yeah, got a rock pile trapped at minar too. Been a tough week with stones getting trapped all over creation.
1860  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PHS][PoS] PhilosopherStone | PoS | No Premine | Exchanges | Active on: April 14, 2014, 09:51:56 PM
cryptostocks = vircurex.

use caution.
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