[XCT] C-Bit - Elegantly Solving Bitcoin's Blocksize Problem [SHA256][POW]

[CryptoRekt]

Ill will pay .10 BTC for every 200,000 XCT

Nice try bud

[sunerok]

Ill will pay .10 BTC for every 200,000 XCT

 

haha... this guy 

[ROBERTO]

What's the mining cost actually?

[filippounits]

Anyone interested to sell some XTC??

[daggerpunt]

Ill will pay .10 BTC for every 200,000 XCT

i'll sell you 200,000 XCT for 100.00 BTC.

[craslovell]

Anyone interested to sell some XTC??

PM me if you want, but I shall not dump them low 

[CryptoRekt]

Anyone interested to sell some XTC??

PM me if you want, but I shall not dump them low 

It's better to wait till an exchange opens up. Both yall would probably benefit more from that over doing a one off trade.

[daggerpunt]

I don't know if this sort of concept has ever been attempted before, however upon delving deeper into the goals of this coin I become very excited. I believe one detail that confuses people with BTC is the denominations. People see that something costs 0.3 BTC and are like wtf m8. I think it's interesting to create an environment where we have multiple "Bitcoins" that have different values. I understand that a lot of people want to move away from how the current currency system is set up, but maybe we need something like this for widespread adoption.

[craslovell]

I don't know if this sort of concept has ever been attempted before, however upon delving deeper into the goals of this coin I become very excited. I believe one detail that confuses people with BTC is the denominations. People see that something costs 0.3 BTC and are like wtf m8. I think it's interesting to create an environment where we have multiple "Bitcoins" that have different values. I understand that a lot of people want to move away from how the current currency system is set up, but maybe we need something like this for widespread adoption.

I agree with what you're saying, and your description "People see that something costs 0.3 BTC and are life wtf m8." Gave me a chuckle...

It does make sense. I always thought the same thing myself, it puts off people who don't know crypto when they're told something costs 0.017 or something goofy like that.

[sunerok]

I don't know if this sort of concept has ever been attempted before, however upon delving deeper into the goals of this coin I become very excited. I believe one detail that confuses people with BTC is the denominations. People see that something costs 0.3 BTC and are like wtf m8. I think it's interesting to create an environment where we have multiple "Bitcoins" that have different values. I understand that a lot of people want to move away from how the current currency system is set up, but maybe we need something like this for widespread adoption.

I agree with what you're saying, and your description "People see that something costs 0.3 BTC and are life wtf m8." Gave me a chuckle...

It does make sense. I always thought the same thing myself, it puts off people who don't know crypto when they're told something costs 0.017 or something goofy like that.

i agree as well, this being bitcoin, but with larger blocks and ten times the coins, gives us crypto community folks the chance to have a dollar bill instead of a 430 dollar bill that needs to be broken at every store. also, since its obviously open source, we can all work on it as a community. i like where this is going, maybe this has the chance to be decentralized like bitcoin once was.

ps: you guys heard that the bitcoin devs have Bain Capital at that meeting? what the fuck lol so much for "decentralized". wonder if mitt romney was there  

pps: blocks are starting to move alot slower now and the difficulty continues to increase. finally i have something i can do with my old antminer. just when i thought it was going to become an old expensive paperweight.

[kampretkabur]

anyone could tell me what is the net hashrate now?

[stoner19]

anyone could tell me what is the net hashrate now?

Code:

"networkhashps": 788963798171531

[kampretkabur]

anyone could tell me what is the net hashrate now?

Code:

"networkhashps": 788963798171531

ok thanks, keeps geting error mesage from my wallet when i type getmininginfo

[daggerpunt]

I'm still curious how a transaction would take place. If something costs me 0.1 BTC, I could either send 0.1 BTC from my BTC wallet, or I could send 1 XCT from my XCT wallet? I understand the XCT blockchain is the same, but different? Sorry if this results in a lengthy, technical answer but I'm really curious how exactly this would work.

[sunerok]

I'm still curious how a transaction would take place. If something costs me 0.1 BTC, I could either send 0.1 BTC from my BTC wallet, or I could send 1 XCT from my XCT wallet? I understand the XCT blockchain is the same, but different? Sorry if this results in a lengthy, technical answer but I'm really curious how exactly this would work.

it works the same as the bitcoin blockchain, but xct are not bitcoins. they will have to establish a value, once they hit exchanges, which im sure is in the works..

the value will be determined by those of us mining and people who decide to incorporate xct into their financial systems, via merchant payments etc..

we're still in the very early stages, but i think once an exchange adds it, we'll see more follow and a value be established.

[OSMIUMCOIN]

Where is rich list this not see http://richlist.cryptobe.com/CBit

[stoner19]

curious how much of that nethash is "insider," as most of the hash has now died down on my pool.

[kampretkabur]

curious how much of that nethash is "insider," as most of the hash has now died down on my pool.

looks like most of the hashes goes to new york pool

[craslovell]

curious how much of that nethash is "insider," as most of the hash has now died down on my pool.

Good question, I am still on your pool  It won't matter much when the diff finally adjusts further. Target times are still way off. Only thing we can do is keep ripping through blocks till it catches up.

[CryptoRekt]

curious how much of that nethash is "insider," as most of the hash has now died down on my pool.

There is not very much momentum currently -- The social feeds haven't picked up on this thread or the new currency yet. I'd advise getting out on twitter and blowing up about $XCT.