Signal7
Full Member
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Activity: 196
Merit: 100
TrumpCoin Lead Developer
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March 12, 2016, 06:36:02 PM |
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OK. The server is up and running a simple mining calculator for now. www.MakeCryptoGreatAgain.orgStill a work in progress as I am just getting started and still have a LOT left to do. It's a small vm so if anyone notices performance issues please let me know and I'll scale it up some. Feedback is appreciated. I like it but there is something visible, just the name,calculations are correct. This has been corrected. Thank you! Will you provide an address for me to tip you?
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No Gods or Kings. Only Bitcoin
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Signal7
Full Member
Offline
Activity: 196
Merit: 100
TrumpCoin Lead Developer
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March 12, 2016, 06:51:06 PM |
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I wanted to mine some trump coin. I tried running the Qt client on Ubuntu. I get this error: ./TrumpCoin: error while loading shared libraries: libboost_system.so.1.54.0: cannot open shared object file: No such file or directory
In my experience it's because the program is calling a specific version of the library which isn't installed rather than calling whichever version is installed. So I'm guessing it's wanting to use an older library than what I have installed. Before I start editing code let's just see if the thing will work on a baseline system Been a while since I did anything with Qt. But it's probably just a matter of changing one line of code so the wallets calls the correct header file. Any advice on this? I was able to replicate this issue and am looking into it with you today. I agree with the reason that you provided. TrumpTechieGuy should be able to provide the best answers whenever he is available next. Which version of Ubuntu?
It should be able to work on the latest x64 with all current updates, but I agree that it does not. Please stand by. What are the required dependencies? Instructions with important commands?
This documentation is being drafted as we speak and will be published very soon.
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Depredation
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March 12, 2016, 07:09:42 PM |
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There is just non stop steady dumping
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nid125
Sr. Member
Offline
Activity: 510
Merit: 254
ImpulsX
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March 12, 2016, 08:03:54 PM |
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OK. The server is up and running a simple mining calculator for now. www.MakeCryptoGreatAgain.orgStill a work in progress as I am just getting started and still have a LOT left to do. It's a small vm so if anyone notices performance issues please let me know and I'll scale it up some. Feedback is appreciated. I like it but there is something visible, just the name,calculations are correct. This has been corrected. Thank you! Will you provide an address for me to tip you? That's OK, not necessary to tip me Just spot it..
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Msile
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March 12, 2016, 09:05:51 PM |
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The price seems pretty low, is this a chance to make big money or is this coin going to die in a dump?
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Bobsurplus
Legendary
Offline
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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March 12, 2016, 09:26:24 PM |
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The next coin to make people money is Krypton.. yall need to check it out.
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Kronenberg
Newbie
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Activity: 30
Merit: 0
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March 13, 2016, 03:00:20 AM |
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The price seems pretty low, is this a chance to make big money or is this coin going to die in a dump?
Plans are afoot the lines are drawn and the crew assembled. Three guesses whats coming soon.
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Kronenberg
Newbie
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Activity: 30
Merit: 0
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March 13, 2016, 03:01:53 AM |
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The next coin to make people money is Krypton.. yall need to check it out.
Sell your Trumps and get on board the Krypton ya'll
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SockPuppetAccount
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March 13, 2016, 08:45:48 AM |
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As long as the price stays below what is profitable to miners, there is a deficit adding up. Yes, at 400 sat, that deficit is, as you have correctly identified, growing at a MINIMUM rate of 0.72 BTC per day.
You are also correct in that 0.72 can withstand today's coin production.
But miners didn't get paid yesterday, or the day before that, or the day before that. From the miner's perspective, traders owe them a ton of BTC right now.
I believe the majority of miners absolutely HATE (or should hate) Nicehash because of this situation which inflates mining costs and difficulties unnaturally and unfairly, spooks investors, and destroys fair trade.
We can't ignore this and pretend like it doesn't exist and then go "WTF just happened" when a good idea fails because the market crashed. It seriously needs to be addressed. The longer investors sit around and let the debt accumulate, the higher the breakout mark gets and the more doomed the economy will be.
It hasn't gotten too far away yet. It can still be corrected. But it'll never happen as long as price suppression occurs against high coin production rates.
Your line of reasoning is valid, but you are operating on a flawed premise which is that all miners are following this line of reasoning. They are not. Lots of miners, especially small time hobby miners, don't pay attention to any of this. Also, worrying about a "miner's debt" is pointless because the mining costs are constantly fluctuating, and we can never know if coins sold one day were mined that day, or the previous, or last week. It is a number that is impossible to ever get a reliable estimate of. Trust me, obsessing over the minutia of the dynamics between mining, market, and price at this stage is not going to get us anywhere. Hell, obsessing over price PERIOD at this stage is not going to get us anywhere. Plenty of successful coins languish in obscurity for far longer than TRUMP has. The price/time graph line not moving upwards at all times does not mean the sky is falling. spooks investors, and destroys fair trade.
I quoted this specific phrase again because it is important, and ties back to the reasons I was against suddenly (and severely) slashing the coin supply. Investors and traders get spooked when they don't have the necessary information to base their trades and investments on. You said it yourself, buy support dropped AFTER the reduction in coin supply was announced. Smart investors and traders saw the volume and interest in the coin, and put in low buy orders because they wisely calculated that 180000 new coins were still coming in every day and they could catch some dumps. When that changed all of a sudden, they said fuck you, I'm out. Fair trade and investment is destroyed by sudden and drastic changes in the coin supply, because smart traders and investors are going to base their decisions partially on how many new coins are mined each day. The issue of the coin supply and whether or not to change the specifications should not be put on the back burner IMO. This should be priority #1. It doesn't matter if the fork wouldn't occur for a month or two, because investors, traders, and miners should have plenty of advanced notice if we are to call it "fair" with a straight face. If the reward reduction is to proceed smoothly and regularly over a period of multiple months, it MUST be done by block 36,000 and we are well over block 14,000 already. I say block 36,000 because that is the block at which supply will hit 10,000,000 TRUMP (counting the premine). If we cross that mark and the reward is still 250 TRUMP, then the reward reduction will need to be over 50% or the blocks will need to halve at intervals faster than every 36,000 blocks if we are to keep the max money supply at the currently stated 20,000,000 TRUMP. We should avoid this because no one here is clamoring for increasing the max coin supply, and rapid and sudden reward reduction is exactly the reason I and others opposed the previous changes.
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chicken65 (OP)
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March 13, 2016, 01:26:21 PM |
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As I stated any changes to the coin specs wont happen until the end of the month and even then its just a review.
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chicken65 (OP)
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March 13, 2016, 03:29:20 PM |
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Ok thanks. INDIEMAX is the keeper of the fund when hes online he will send 7000 Trumps to you address. Can you post your address please
Just to let others know the price includes updates.
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indiemax
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March 13, 2016, 03:34:09 PM |
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OK, 7000 Trumps sent to this address TPbC3jGnh4V3BsN2speniKphFWCnqnstYx for the translation
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SockPuppetAccount
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March 13, 2016, 03:58:41 PM |
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As I stated any changes to the coin specs wont happen until the end of the month and even then its just a review.
I know, but I'm saying that this shouldn't be put off til then. The end of the month is going to put us around block 28,000, which is only 11 days away from block 36,000. Cutting it kinda close to come to a consensus on the specs and get the exchanges, pools, and all users switched over to the new client and ready for the fork. The fork doesn't have to be at block 36,000, but it's the most logical time to do it if the reward reduction is not going to be drastic and sudden. I don't remember anyone outright saying "NO" to the idea of reducing rewards, just some people like myself thought the reduction should be more gradual and/or brought about by implementing POS. I'm not seeing what is to be gained by waiting til the end of the month. It doesn't matter when the fork is, just that we nail down the specs in stone and announce when it will be as far ahead of time as possible so miners, investors, and traders can make decisions accordingly. No one knows when the rewards are supposed to halve as the coin stands now. To be honest, if I just found out about this coin today and was reading through the thread, I would chose not to buy or mine any because the emission rate and total coin supply are question marks. Making an informed decision is impossible when these things are still up in the air.
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chicken65 (OP)
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March 13, 2016, 04:09:57 PM |
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For anyone having issues installing wallet with Debian7 OS
First try fixing Fix the leveldb folder permissions. Common error on linux
failing that try this
1. set folder permissions 2. make => error 3. make clean 4. set folder permissions again 5. make => works
I dont have this OS so I cant test this.
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EndTheFed321
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March 13, 2016, 04:16:43 PM |
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This coin does not interest me, I am voting for Bernie
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chicken65 (OP)
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March 13, 2016, 04:42:21 PM |
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As I stated any changes to the coin specs wont happen until the end of the month and even then its just a review.
I know, but I'm saying that this shouldn't be put off til then. The end of the month is going to put us around block 28,000, which is only 11 days away from block 36,000. Cutting it kinda close to come to a consensus on the specs and get the exchanges, pools, and all users switched over to the new client and ready for the fork. The fork doesn't have to be at block 36,000, but it's the most logical time to do it if the reward reduction is not going to be drastic and sudden. I don't remember anyone outright saying "NO" to the idea of reducing rewards, just some people like myself thought the reduction should be more gradual and/or brought about by implementing POS. I'm not seeing what is to be gained by waiting til the end of the month. It doesn't matter when the fork is, just that we nail down the specs in stone and announce when it will be as far ahead of time as possible so miners, investors, and traders can make decisions accordingly. No one knows when the rewards are supposed to halve as the coin stands now. To be honest, if I just found out about this coin today and was reading through the thread, I would chose not to buy or mine any because the emission rate and total coin supply are question marks. Making an informed decision is impossible when these things are still up in the air. How many coins have you mined?
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chicken65 (OP)
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March 13, 2016, 04:58:41 PM |
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This coin does not interest me, I am voting for Bernie It amazes me Crypto attracts big state loving dreamers who twist it to their own ideological thinking that goes against the prime directive of what Crypto stands for. Satoshi was a free society advocate. That means no welfare, no government, no free handouts. free market, entrepreneurialism, the right to make money without someone stealing it from you, a peoples right to self determination, and importantly control of their own currency. Oh, how very important that one is. Marxism does not equal a currency controlled by the people. What your saying is Stalin/Bernie would allow the people to control their own currency and destiny. Thanks for the laugh
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Signal7
Full Member
Offline
Activity: 196
Merit: 100
TrumpCoin Lead Developer
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March 13, 2016, 08:45:50 PM |
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Current Block: 14729 Coins: 4,682,250 Difficulty: 27.69645263 Network Hashrate: 1.165 GHS
Avg X11 Rental: 0.4112 BTC/GHS/Day Avg Production Rate: 181580.7234632556 Coins/GHS/Day
@Hashrate: 0.050 GHS... Operating Cost: 0.020560 BTC/Day Est Production: 9079.03617316278 Coins/Day Mining Cost Per Coin: 0.00000226
Hashrates have been mostly consistent, hovering around 1 GHS for many days.
Rented mining rigs continue to yield large coin quantities just at or slightly below market prices.
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