heavycoin pool simlar to blackcoin pool please, that builds the hype by keeping constant buy pressure. Hype + innovation = win
u want mutipool i can setup but how much hashrate in my pool? Yeah man set it up dude, it will create constant HVC buy support, just like the blackcoin pool. |
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heavycoin pool simlar to blackcoin pool please, that builds the hype by keeping constant buy pressure. Hype + innovation = win
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Hey Devs any marketing developments or updates as to how things are going? we need to maybe get some advertising done or something.
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a little word to you all, the reason for the success of blackcoin and the likes is because people don't put their orders above for a lazy profit. It dissuades the market makes it top heavy and makes you wait longer / never until cashing that. You see 100s of smart asses buy up and put a double up sell down oblivious to the fact when that happens the market will shake.
TAKE OFF THE HIGH SELLS PLEASE.
blackcoins multipool helps a lot, that's one of the reasons their price is doing so well. BC Multipool only buys between 50-100BTC/day based on Twitter. Driving force on their price is strong community involvement, CoinKite adoption, PoS model, etc. I would argue that in this current climate of tumbling coin prices that their multipool, by creating buy support, has essentially made their coin stand out as one which is bucking the downward trend, this in turn has attracted investors and those who feel its a safe store of value while everything else decreases. basically i believe people are fickle, especially in the crypto currency world which has very few true investors, lots of speculators. So I think buy support is good, that's why I believe in a multi-pool for this coin. You say blackcoin has that niche filled but there is tons of room for another multi pool,the BC pool doesnt have that many miners even. The question for us then, would be why would miners mine on an HVC multipool if BC already has that niche filled? An HVC multipool would lose the efficiency of Hefty1, and decreases the network hashrate. If we go PoS, sure, multipool would be great. But buy support for a weaker network doesn't seem like it's a great idea. |
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a little word to you all, the reason for the success of blackcoin and the likes is because people don't put their orders above for a lazy profit. It dissuades the market makes it top heavy and makes you wait longer / never until cashing that. You see 100s of smart asses buy up and put a double up sell down oblivious to the fact when that happens the market will shake.
TAKE OFF THE HIGH SELLS PLEASE.
blackcoins multipool helps a lot, that's one of the reasons their price is doing so well. BC Multipool only buys between 50-100BTC/day based on Twitter. Driving force on their price is strong community involvement, CoinKite adoption, PoS model, etc. I would argue that in this current climate of tumbling coin prices that their multipool, by creating buy support, has essentially made their coin stand out as one which is bucking the downward trend, this in turn has attracted investors and those who feel its a safe store of value while everything else decreases. |
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a little word to you all, the reason for the success of blackcoin and the likes is because people don't put their orders above for a lazy profit. It dissuades the market makes it top heavy and makes you wait longer / never until cashing that. You see 100s of smart asses buy up and put a double up sell down oblivious to the fact when that happens the market will shake.
TAKE OFF THE HIGH SELLS PLEASE.
blackcoins multipool helps a lot, that's one of the reasons their price is doing so well. |
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Is there a place where the network hashrate is shown in a Excel import compatible way ? Can't import stuff from php and flash pages  Or can someone give me the equation for mining revenue using network diff instead hashrate please ?block_reward / (difficulty * 2^32 / hashs_per_sec / 3600 / 24) Side note: Blackcoin now trading over 1100 BTC on Mintpal. Impressive community/devs over there. price has more than doubled. its their pool which creates constant buy support, wish we had a pool like that. |
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STILL HOLDING MY HVC'S LIKE A BOSS!!!! WHO IS WITH ME?
yup, holding like a boss! Of course you're holding. What else can you do with it?  eg. donate my children?  )) uhhh could sell it, or sell and buy lower, but no i'm gonna hold through. |
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Now i don't have anymore succession planning from dev team.
Gpools you still mining HVC and voting 1? No. I stop mine HVC i need more plan from dev ,now i'm not support HVC ou sold your stake gpools? don't stop supporting the coin mate, every coin is down at the moment. |
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STILL HOLDING MY HVC'S LIKE A BOSS!!!! WHO IS WITH ME?
yup, holding like a boss! |
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because everyone knows this is happenin to almost all alts because of the mothership currency dropping
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I dump 50% of my HVC..lost 50% of value but you want high inflation then you have it ..if i wait i would lost even more..
what's a good dump today doesn't necessariy equate to a good dump in the long run. |
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cheers kreative, keep up the good work.
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kreativekrypto any news on this multi-pool?
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I am constantly refreshing this link http://heavychain.info/reward Either the graph is wrong or I am missing something. I can only see 3 kind of votes every time on that page, (0/1, 512 or 1024) I have never seen any 4th kind of vote there !! Today each of my 3 rigs found 1 block each & I have set vote to 128 on all of them. I have never seen 128 pointing graph on that page. Can somebody explain me what's going on ? These 3 recent blocks all have vote set to 128: 23207 23249 23269 You can also use voting chart on http://heavycoin.github.io/voting-graph.html - it's refreshing itself automatically. Oh ! I see now, Thanks for the link. any news on this potential scrypt pool for heavycoin? |
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How do you plan on addressing what I called the "suicide" phase?
We don't plan to address it because we do not share your doomsday opinion. So you don't agree with the math I put forward? Then please debunk the math. Like it or not, the current mint rate is what has been voted for. Also, we do not believe a steep decline in the block reward (if that happens) would necessarily be bad. A low block reward could detract some miners, but an exhausted supply could also put upward pressure on the price, which would serve to attract miners. No one can predict the future. There are some very successful altcoins, most notably Quark, that have undergone sharp drops in mining reward. Our view is that this factor alone does not determine the future of a coin. However, miners are free to adjust their votes according to their beliefs.
My point is the vote really has little to do with anything. It's an "illusion" of control. No matter what the vote is, the limit to sustain phrase changes so drastically in block rewards that it an of itself is a major problem. You say "A low block reward could detract some miners". I say almost ALL miners unless the value of the coin magically jumps accordingly by 100 fold or so. You really think an exhausted supply will put upward pressure on the price and attract more miners? Really? If a combination of the value of the coin at current time multiplied by the block reward isn't profitable enough to get miners to switch over to HVC then how will HVC attract more miners? It will take around a hundred fold increase in value of coin to make up this difference to attract miners. So you are essentially banking the life of the coin on these premises expressed above and don't see the possibility network nodes collapsing and hash rates dropping to the point of causing security issues which will further devalue the coin? Wrt. temporal retargeting we conducted large-scale tests and found that it works very well. We had a look at the timewarp exploit and fix. As far as we know time-warp does not impact Heavycoin. We use completely different code in this section. This does not mean that there could not be an exploit one day, but if there were, it's not the end of the world because software can be updated and further improved.
Good to know on the temporal retargeting. Thank you for taking the time to explain that. If you don't want to discuss the issues in a logical manner, then I guess we will find out in a couple of months who is correct. I surely wish you all the best regardless of any "tone" in any of my posts. Carlo Thanks for wishing us all the best mate but it seems to be a difference of opinion here, like Keccak I do not share your opinions of the coin being dead in a couple of months. You know changes will not be implemented the way you would like so maybe it is best if you stopped posting as your negativity serves no purpose. |
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funny how everyones panicking now that all alts are in the toilet. I swear some of you dont have the constitution for this unless is continually on the up and up. I'm just enjoying the train ride, in the coming months the weak will be separated from the chaf. I'm holding my HVC like a boss!
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Alright, for all the folks hoping for an HVC Multipool, it can't happen, and here's why:
1. Blackcoin is PoS not PoW. This means they don't need miners to be constantly mining the coin in order to sustain the blockchain, all that is handled by open wallets. Whether or not that is good is another conversation for another time, but that's how it is.
2. The multipool would take away hashrate from the HVC blockchain, making HVC more vulnerable and less secure.
3. If a multipool were to solve for 2, it would have to allocate massive hash power to the HVC blockchain, negating the upsides.
Here's the danger with HVC if I understand correctly: If people don't tone down their votes now, the coin will be fully minted REALLY REALLY FAST. This is bad because it centralizes the coin to only early adopters, weakening the coin long term (fewer investors because the community is too small). We need to stretch the mint phase as long as possible for the SURVIVAL of the coin. At this rate, it will already be minted by the time the ASICS hit, and GPU miners won't come because ROI will be too low. We need to, if possible, stretch the mint for AT LEAST a year. The coin needs time to grow.
If people don't lower their votes, the network will be dead in 6 months or less, the moment we hit the sustain phase. PLEASE FOR THE LOVE OF HVC VOTE 1
I Agree whilst I agree the logic to this is sound, I feel a multipool would kickstart demand, the increased buy support would increase the value in the coin and in turn increase peoples interest. The detraction from the hashrate would be made up for once people become more interested and start mining HVC. The difficulty would drop accordingly as well leaving people more likely to begin mining. |
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Honestly, it sounds like life support for a coin that got mined out before it could catch on. Why wouldnt you mine coins with more value and buy BC if you wanted? What happens when a coin you are mining for them gains value, but all you have is a bag of BC? No thanks.
It's not that simple, they take the mined coins pay out in BC but then use the profits from said mined coins to then buy up BC on the markets. It's a multistage process, basically it creates constant buy support. Here is a normal day for blackcoin on Mintpal 24 Hour Volume: 364.171 BTC This is 80% of the BC multipool buying up blackcoin to sustain and drive it's price. If you watch it daily you'll see the btc volume is always ridiculous because of it. They then take the BC purchased and distribute it like a cycle of events to the ones mining their multipool. I think it's a great idea, wish I knew something about coding because I would support this with my rig. |
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I thing this coin has a great future but i am interested how much inflation will be..how much coin will be in the end of this year..end of 2015,2016 etc .This is info i must know to know should i buy some more or not ..i thing there is 2 much coins in circulation now for such young coin and that dont give a price to go up even its very low price now
you need to know but there is no way of knowing, nobody has a crystal ball. trying sacrificing a chicken to hades, you might get your answer then. |
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