+1

Why does the VTC price not keep track of the increase in difficulty? It is getting more and more difficult to mine the coins but that is not reflected in the price. Profitability is half of what it was a week ago.

Ill gladly use a CPU to mine out the remaining blocks if all the other miners want to do something else in the meantime 

Another suggestion would be to if you want to accommodate the people that have mined the old coin and stayed loyal, is to allow them to send their old coin rewards to your old coin address by a certain cut-off date before you shut-down the wallet and then they can trade-in the old coins for some of the new or perhaps in a ratio. This will definitely keep the loyal miners loyal to your new coin.

I am all for a re-launch. However, lots of people have expended electricity on the old coin. Having said that it was their own choice to mine while you said you pulled the plug and that is the risk of mining. Despite how much I like to be able to mine easy coins in the beginning, I would recommend that you do something similar than GPUCoin and give low rewards for the first few blocks (but not 2600!) after which the real rewards kick in. This way the tensions will be tempered and problems with setups etc will be ironed out before the real rewards kick in.

Perhaps the dev gave up too quickly? Sometimes the best rewards come with dedication and persistence. So what if the launch had issues. If the coin's characteristics and foundation is sound, then it will be successful in the long term.

As long as there was no 51% attack all else can be sorted.

What are they going to do with their coins if they get it? Has the coin not been shut down or is it going ahead?

There were 23 blocks found in the network as per my CG watcher during the time I was connected when the dev posted that he is pulling the plug.

Guys, you can use this conf it works for solo:

daemon=1
server=1
rpcallowip=local (if your miner is local)
rpcallowip=127.0.0.1
rpcallowip=192.168.0.6 (copy this line over blow for each miner)
rpcport=9988
rpcuser=yourusername
rpcpassword=yourpassword
addnode=219.90.245.104
addnode=188.226.154.33
addnode=85.72.83.125

1. Launch goldbar-qt
2. Close it and create a file called goldbar.conf and put the above in it
3. Place the file where your confs must go under roaming\goldbar (Windows - sorry I dont have the Linux path)
4. Restart goldbar-qt
5. Point your miners to the IP address of the PC with the wallet on using the rpc passwords and port above.

It is not. I am up and running.

There are 23 blocks solved so far.

You dont need the conf you can create it yourself.

Guys it is working. Thanks dev.

Will we have a chance to download the wallet first before it goes live?

Any chance of letting us download the wallet so long even if it is encrypted as it will take another 30min-1hour to do the download then depending on simultaneous traffic. Alternatively have some mirrors for the wallet to spread the load.

Links to the new wallet?

I see we have 45 minutes. Links to the new wallet? Will probably take that long to download.

At least make sure that the packed wallet has integrity and can decrypt with the password. The wallet is posted in advance to make the playing field equal for all so that you can decrypt paste the configs and go.

So where is the countdown for the re-launch in one hour? We need a wallet that works and as you promised for all to have an equal chance at starting to mine while there are still no blocks. In one hour those who obtained the wallet from "other" links than the one posted on this site will have mined all the easy coins. Also take into account that with the rush to get the wallet, the link will be extremely slow and you have to allow everyone to download the wallet first before the "relaunch". Otherwise everyone will cry foul play.  

Where did they get the wallet if we are all struggling?

So much for downloading a wallet upfront for everybody to have an equal chance. The download link is slow slow due to excessive download atempts it says it is going to take 1 hour to download 19.8MB.