BipCoin - CryptoNote, profitable to mine [same chain, new dev 2017]

[SamuelPickwick]

Is there a development fund that we can donate to? Happy to see that a new developer was found and would like to send a few Bips to support further development.

Yes, the Help Out page, https://bipcoin.org/?page_id=18, on the website provides that info and donations are always appreciated. Thank you for asking.

Thanks, that's good to know. I was not sure if info on website was up to date or not. Sent a couple of Bips to the address given. Please keep up the good work!

That was more than a couple; thanks! We'll keep everyone posted on activities. Our domain name is now registered through 2020.

[1714985994]

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[SamuelPickwick]

Bipcoin definitely has a bright future ahead, just pointed a few rigs to bipcoin in the last few days. Hopefully other miners follow !

Yes, we've had a much more steady blockchain recently which is great for the coin.

[MWD64]

Funny.
"Hitler reacts to BipCoin"
Be sure captions are turned on when you watch the video!.
You have to turn on subtitles, bottom right, turn on EN (only subtitle is English.)
http://www.captiongenerator.com/577512/Hitler-reacts-to-BipCoin
=-=-

Captions
0:00.50  -  0:03.25
Cryptomarkets are in a turmoil
0:04.00  -  0:05.50
Fluffypony is trolling Monero users
0:05.65  -  0:07.50
with fake announcements
0:08.00  -  0:12.00
Sumokoin has a 10% premine
0:12.10  -  0:15.50
While Aeon blockchain seems to be broken
0:19.00  -  0:21.50
Smooth will fix Aeon soon enough
0:24.75  -  0:26.50
Mein Führer...
0:27.50  -  0:28.50
Smooth...
0:31.00  -  0:33.50
Smooth has not been able to fix Aeon blockchain.
0:34.00  -  0:36.00
The only solid Cryptonote coin is BipCoin
0:53.00  -  0:58.50
Everybody who invested in OneCoin must leave now
1:13.00  -  1:15.00
What the fuck is this!
1:15.25  -  1:17.75
Why did nobody tell me about BipCoin earlier?
1:18.75  -  1:23.25
Completely private transactions!
1:25.25  -  1:28.00
A coin that can be mined with a home PC
1:29.25  -  1:31.00
No premine, no instamine, no ICO!
1:31.50  -  1:34.00
This is everything a cryptocurrency should be!
1:34.75  -  1:37.75
While you fuckers dumped all my ETH on GDAX for pennies.
1:37.50  -  1:40.50
How am I going to invest in BipCoin now?
1:40.50  -  1:42.75
Mein Führer, it was a mistake, I did not mean -
1:42.75  -  1:46.25
And then you sold our mining rig on Ebay!
1:46.50  -  1:48.80
Well, with ETH is going to POS soon
1:48.80  -  1:52.00
Nobody even knows how many ETH there are going to be
1:53.00  -  1:54.50
It's a fucking scam!
1:56.00  -  1:57.75
You were taken for a ride
1:57.75  -  2:00.50
with your head so high up your ass
2:00.50  -  2:03.50
while the real opportunity was there all the time
2:04.50  -  2:08.00
We could have been mining BipCoin all this time
2:08.75  -  2:13.50
But you had to chase some stupid pipedream
2:14.00  -  2:16.75
If only I had not been so trusting
2:17.50  -  2:21.75
I bet everybody else has been mining BipCoin - even Stalin
2:27.00  -  2:29.00
So, is it all over now. We have no hashrate left
2:30.50  -  2:34.00
Even our Nicehash wallet is empty
2:34.50  -  2:36.50
And everybody in Europe knows about BipCoin now
2:41.00  -  2:42.50
We could have been mining it for months
2:43.00  -  2:47.50
Fast transactions, true privacy...
2:48.50  -  2:53.00
That's everything I have ever wanted from an altcoin
2:54.00  -  2:56.00
But you were too stupid to see the opportunity
2:56.50  -  2:59.75
We could pay everything with BipCoin
3:00.00  -  3:02.50
Finally break free from the banks
3:04.75  -  3:07.50
Don't worry... I have some BitCoal.
3:14.25  -  3:16.25
So this is it, then
3:19.25  -  3:23.25
I think I still have a Raspberry Pi somewhere
3:25.55  -  3:26.75
Unless somebody sold it
3:31.50  -  3:33.75
Believe it or not, that might be our only hope
3:40.75  -  3:46.25
If there is anything we can learn from this shitshow...
3:46.50  -  3:49.00
It is that you should never bet against cats
3:53.75  -  3:56.00
Just remember that

[Magostop]

I have been running a node for about a month now but I'm wondering if there is any way to see if it is fully functioning and on the network. The hard drive space has been slowly filling up leading me to believe it is downloading the ledger. Any way to be 100% certain?

[Mynero]

I have been running a node for about a month now but I'm wondering if there is any way to see if it is fully functioning and on the network. The hard drive space has been slowly filling up leading me to believe it is downloading the ledger. Any way to be 100% certain?

Just type print_cn into the node command line prompt. You should see a list of other nodes your node is connected to. If their status is listed as status_normal your node is up to date with them and the blockchain. If they are listed as status_synchronising your node is still behind (which it definitely should not be if you have been running it for a month).

You can also quit the node by typing exit into the command line and then restarting the node. Please use the exit command because that way the node will save the blockchain and you don't have to download it again. As the node starts up it should give a report of how it is connecting to other nodes and if it is behind them.

Btw, Monero node CLI has a status command that makes it very easy to check if your node is up to date, but unfortunately to my knowledge Bipcoin does not have such a command (at least not yet).

[KittyCatTech]

I have been running a node for about a month now but I'm wondering if there is any way to see if it is fully functioning and on the network. The hard drive space has been slowly filling up leading me to believe it is downloading the ledger. Any way to be 100% certain?

Just type print_cn into the node command line prompt. You should see a list of other nodes your node is connected to. If their status is listed as status_normal your node is up to date with them and the blockchain. If they are listed as status_synchronising your node is still behind (which it definitely should not be if you have been running it for a month).

You can also quit the node by typing exit into the command line and then restarting the node. Please use the exit command because that way the node will save the blockchain and you don't have to download it again. As the node starts up it should give a report of how it is connecting to other nodes and if it is behind them.

Btw, Monero node CLI has a status command that makes it very easy to check if your node is up to date, but unfortunately to my knowledge Bipcoin does not have such a command (at least not yet).

If you stop and restart the node it will give the message "SYNCHRONIZED OK" when the blockchain is up to date. (https://bipcoin.org/?p=718)

[Texto]

Funny.
"Hitler reacts to BipCoin"
Be sure captions are turned on when you watch the video!.
You have to turn on subtitles, bottom right, turn on EN (only subtitle is English.)
http://www.captiongenerator.com/577512/Hitler-reacts-to-BipCoin
=-=-

Captions
0:00.50  -  0:03.25
Cryptomarkets are in a turmoil
0:04.00  -  0:05.50
Fluffypony is trolling Monero users
0:05.65  -  0:07.50
with fake announcements
0:08.00  -  0:12.00
Sumokoin has a 10% premine
0:12.10  -  0:15.50
While Aeon blockchain seems to be broken
0:19.00  -  0:21.50
Smooth will fix Aeon soon enough
0:24.75  -  0:26.50
Mein Führer...
0:27.50  -  0:28.50
Smooth...
0:31.00  -  0:33.50
Smooth has not been able to fix Aeon blockchain.
0:34.00  -  0:36.00
The only solid Cryptonote coin is BipCoin
0:53.00  -  0:58.50
Everybody who invested in OneCoin must leave now
1:13.00  -  1:15.00
What the fuck is this!
1:15.25  -  1:17.75
Why did nobody tell me about BipCoin earlier?
1:18.75  -  1:23.25
Completely private transactions!
1:25.25  -  1:28.00
A coin that can be mined with a home PC
1:29.25  -  1:31.00
No premine, no instamine, no ICO!
1:31.50  -  1:34.00
This is everything a cryptocurrency should be!
1:34.75  -  1:37.75
While you fuckers dumped all my ETH on GDAX for pennies.
1:37.50  -  1:40.50
How am I going to invest in BipCoin now?
1:40.50  -  1:42.75
Mein Führer, it was a mistake, I did not mean -
1:42.75  -  1:46.25
And then you sold our mining rig on Ebay!
1:46.50  -  1:48.80
Well, with ETH is going to POS soon
1:48.80  -  1:52.00
Nobody even knows how many ETH there are going to be
1:53.00  -  1:54.50
It's a fucking scam!
1:56.00  -  1:57.75
You were taken for a ride
1:57.75  -  2:00.50
with your head so high up your ass
2:00.50  -  2:03.50
while the real opportunity was there all the time
2:04.50  -  2:08.00
We could have been mining BipCoin all this time
2:08.75  -  2:13.50
But you had to chase some stupid pipedream
2:14.00  -  2:16.75
If only I had not been so trusting
2:17.50  -  2:21.75
I bet everybody else has been mining BipCoin - even Stalin
2:27.00  -  2:29.00
So, is it all over now. We have no hashrate left
2:30.50  -  2:34.00
Even our Nicehash wallet is empty
2:34.50  -  2:36.50
And everybody in Europe knows about BipCoin now
2:41.00  -  2:42.50
We could have been mining it for months
2:43.00  -  2:47.50
Fast transactions, true privacy...
2:48.50  -  2:53.00
That's everything I have ever wanted from an altcoin
2:54.00  -  2:56.00
But you were too stupid to see the opportunity
2:56.50  -  2:59.75
We could pay everything with BipCoin
3:00.00  -  3:02.50
Finally break free from the banks
3:04.75  -  3:07.50
Don't worry... I have some BitCoal.
3:14.25  -  3:16.25
So this is it, then
3:19.25  -  3:23.25
I think I still have a Raspberry Pi somewhere
3:25.55  -  3:26.75
Unless somebody sold it
3:31.50  -  3:33.75
Believe it or not, that might be our only hope
3:40.75  -  3:46.25
If there is anything we can learn from this shitshow...
3:46.50  -  3:49.00
It is that you should never bet against cats
3:53.75  -  3:56.00
Just remember that

lol thats funny..
Never bet against cat, I have 2 cats and they are good at doing unpredictable things like running into my LCD monitor

[Cucumbaba]

i really love this coin
and i always watch it
because it give me good profit by renting nicehash to mine Bip
Hail BIpCoin lol

[sammy007]

Funny.
"Hitler reacts to BipCoin"
Be sure captions are turned on when you watch the video!.
You have to turn on subtitles, bottom right, turn on EN (only subtitle is English.)
http://www.captiongenerator.com/577512/Hitler-reacts-to-BipCoin
=-=-

Pretty low bullshit about smooth and his "inability" to "fix" coin. Aeon is not vulnerable.

[TaikiMsk]

Hello. Let me ask a question about my BipCoin Windows GUI wallet v.0.0.0.4. Today I sent some bipcoins from my wallet to cryptopia deposit address. Unfortunately I could not sent more than 260-270 BIP in one transaction; if I determined more BIPs for sending, I received an error message that my transaction is too big. Also some of this transactions don't confirm yet with "?" status, and some transactions there confirmed or in the process of confirmation now. So please tell me how I can to resynchronize my BipCoin Windows GUI wallet to see an actual balance and transactions history. Thank you!

[ice2090]

Its not rly profitable
with GTX 1080 u make only 0,5$ a day
where are so much more coins that are better

[cryptomaxsun]

When will there be an update for the gui wallet and will the algorithm for changing the difficulty change more efficiently?

[KittyCatTech]

When will there be an update for the gui wallet and will the algorithm for changing the difficulty change more efficiently?

If more people run my nicehash script (https://github.com/KittyCatTech/bipcoin-nicehash-bot) it will keep the network hashrate more stable.

The problem is when the network hashrate and difficulty drops too low it incentivises a miner to come mine alot of blocks really quickly and then the network has to slow down a lot to make up for all the quickly mined blocks. The script will make sure there is more hashing power when the difficulty starts to go down by only buying hashing power when it is profitable to do so and will stop mining when some other miner adds alot of hashing to the network.

Please ask if you need help setting it up.

[TheTranslator]

Any bounty for translating this?
Spanish and French translations reserved if so

[cryptomaxsun]

When will there be an update for the gui wallet and will the algorithm for changing the difficulty change more efficiently?

If more people run my nicehash script (https://github.com/KittyCatTech/bipcoin-nicehash-bot) it will keep the network hashrate more stable.

The problem is when the network hashrate and difficulty drops too low it incentivises a miner to come mine alot of blocks really quickly and then the network has to slow down a lot to make up for all the quickly mined blocks. The script will make sure there is more hashing power when the difficulty starts to go down by only buying hashing power when it is profitable to do so and will stop mining when some other miner adds alot of hashing to the network.

Please ask if you need help setting it up.

I can not understand why this script is needed. In the network block for more than 3 hours is not. The difficulty will be very slowly reduced, the delay between the blocks will be long in time.
You need to pay attention to this point.
Need a better algorithm for changing the difficulty.

[KittyCatTech]

I can not understand why this script is needed. In the network block for more than 3 hours is not. The difficulty will be very slowly reduced, the delay between the blocks will be long in time.
You need to pay attention to this point.
Need a better algorithm for changing the difficulty.

The nicehash script (https://github.com/KittyCatTech/bipcoin-nicehash-bot) is needed to keep the network hashrate from falling too low. The higher the network hashrate the more costly it is to slow down the network by over mining for a short period of time. This is why you don't see it happening to coins that have a higher network hashrate. Because on those coins no one can afford to spike up the network hashrate, even for a short period of time, to disrupt the network difficulty and the block times.

The nicehash script will ensure that as the price of BipCoin rises the network hashrate rises concurrently and therefore making it less likely to spike up like we have seen it do recently (https://poolpolice.org/#bip).

However, if the new Lead BipCoin Dev, SamuelPickwick, wants to fork to a better algorithm for changing difficulty, one of the other BipCoin Devs already has one that is written and being used currently by one of the other CryptoNote coins. It would not be difficult to make that change and release a new version of BipCoin.  But it might not be necessary if we get the price and network hashrate up and start beating out some of the other coins.

I think BipCoin is going to rapidly win over market share because we are the 'No Gov Crypto' that is 'Making Dark Coins Fun Again!' by focusing on making it easy and fun for people to use.  Let's let users vote with their BIP on what the roadmap should be for BipCoin.

[Magostop]

Can anyone explain why for some weeks (especially this week) I can be non-stop mining on a pool but gain no rewards? Does it have something to do with difficulty or overall network hashrate?

I used to get quite a bit of bip per day but now I am making none... This has happened before as well.

[werdwerdus]

network hashrate had been over 500k/s recently and difficulty over 80M. it's tough to find a block on a small pool.

[montas101]

network hashrate had been over 500k/s recently and difficulty over 80M. it's tough to find a block on a small pool.

tell that to those who use the nicehash script........

[KittyCatTech]

network hashrate had been over 500k/s recently and difficulty over 80M. it's tough to find a block on a small pool.

The hashrate is about 3 times higher than it should be based on the current price and it keeps on spiking up higher and then coming back down which makes the difficulty rise quickly and then take a long time to adjust back down. This is causing really long block times and delaying the confirmation of transaction as well as slowing down the mining pools and making it much less profitable to mine.

While the algorithm for calculating difficulty could be changed to alleviate this problem, that might not be necessary If we can grow the coin to a higher price, network hashrate and market share of the CryptoNote mining capacity. If the network hashrate is higher, then it becomes more costly to use these hashrate spikes to manipulate the difficulty and disrupt the block times. The larger we can grow the coin, the more robust and secure it will be.