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Author Topic: LUXCoin—New PHI2 PoW/PoS Hybrid—SC—SegWit—PrivateSend—PoS Web Wallet—LuxGate  (Read 129821 times)
Ginzink
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August 13, 2018, 08:13:30 AM
 #3001

soon it will be just rich man's coin.
OR when you say Lux, you mean luxury coin? if that is the case I am fine with that.

My understanding is that LUX is short for Luxury and this coin is intended to be for the very wealthy. The idea is that the wealthy will have lots of these coins and be able to afford all those Luxuries they want.

With the price right now bobbing just above $2, that may seem hard to believe but in future it could be worth several thousand dollars and a 16121 coin masternode will buy a lot of luxuries.

Best advice is to stock upon coins like this while the price is so low. You could get 100 for just over $200 and that little bag could be worth 10s or even 100s of thousands of dollars in a few years time - you will need to be patient. It may seem impossible that the price will ever get really high, but that is the exact same feeling that I had with Bitcoin when it was $30.


The comparison to Bitcoin is not worth much. Alot of trash projects state bitcoin was worth xx and now is worth xxxxxxx.
What you should focus on is the promising technology they actually have to offer, which can lead to a massive boost in the price. But that depends on people starting to use the technology and the development going forward as planned.
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lupanar
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August 13, 2018, 01:44:35 PM
 #3002

LUX deposit/withdraw available again at Cryptopia!

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lupanar
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August 13, 2018, 04:31:22 PM
 #3003

Team excited to announce John McAfee as the new CEO of Luxcore! John's appointment is part of a massive personnel reorganization designed to drive significant and rapid business growth for $LUX. It’s the dawning of a #NewEra.



Please read Medium article by link below for more information!
https://medium.com/luxcore/luxcore-reorganizing-for-a-bigger-brighter-future-10eb6b685987


TWT-RTWT! https://twitter.com/LUX_COIN/status/1029038986935848960
                                                                 

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Ginzink
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August 13, 2018, 04:54:07 PM
 #3004

Team excited to announce John McAfee as the new CEO of Luxcore! John's appointment is part of a massive personnel reorganization designed to drive significant and rapid business growth for $LUX. It’s the dawning of a #NewEra.



Please read Medium article by link below for more information!
https://medium.com/luxcore/luxcore-reorganizing-for-a-bigger-brighter-future-10eb6b685987


TWT-RTWT! https://twitter.com/LUX_COIN/status/1029038986935848960
                                                                 

Wasnt excited to have him as advisor, but CEO is something he havent done for anyone else so this is indeed interesting!
There must be some quite interesting technology in the loop for us Smiley
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August 14, 2018, 01:30:06 PM
 #3005

soon it will be just rich man's coin.
OR when you say Lux, you mean luxury coin? if that is the case I am fine with that.

Best advice is to stock upon coins like this while the price is so low. You could get 100 for just over $200 and that little bag could be worth 10s or even 100s of thousands of dollars in a few years time - you will need to be patient. It may seem impossible that the price will ever get really high, but that is the exact same feeling that I had with Bitcoin when it was $30.

I agree.
In the current situation, Bitcoin can be a good investment, for those who prepared to wait several years.
And not copy-paste, real coins like this LUX can be good for shorter investments (like a year or so).
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August 14, 2018, 01:49:55 PM
 #3006

Multiple product under one roof, that goods.
Next good ICO.
lKSLMNSLKnkndlksnkJ
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August 14, 2018, 09:47:04 PM
 #3007


Nothing to worry, fresh release, not many peers on 5.2.2 yet. As long as your wallet syncing well with network you are good.

Wait, 5.2.2 is already out? I just updated to 5.2.1 lol


Yes, 5.2.2 was released 2 days ago: https://github.com/LUX-Core/lux/releases/tag/v5.2.2

It's hard to keep up with the developments on this coin. Everything is happening so quick  Smiley
Seems like you're not the only one though, about 74% of the network has not upgraded yet.

Source:



i have 5.2.1 now is ok ?
lupanar
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August 15, 2018, 02:37:56 AM
 #3008

i have 5.2.1 now is ok ?
Yes, 5.2.1 is safe for using, everything that below - no.

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lupanar
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August 15, 2018, 02:54:34 AM
 #3009

New lesson of #Luxcoreacademy series about PHI2 algorithm is out!



More weekly lessons ahead, stay turned  Wink

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lupanar
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August 15, 2018, 03:00:32 AM
 #3010

Got the announcement thread from you @lupanar.
Got the given important information inside your thread.
However, I will read it again for more times to really catch all your ideas.
Thats our marketing guys idea, not mine, but thanks for kindly words anyway, we all working around the clock to bring some LUX in the dark  Wink

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Gamedroc
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August 15, 2018, 05:18:44 AM
 #3011

Guys I want to offer an excellent idea for developers  Grin 
I do not have time to update my wallets, they come out so often.
Why not make a purse, which itself will be automatically updated?

This wallet itself would download updates and run the installation. And everyone would be happy  Roll Eyes
lupanar
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August 15, 2018, 09:18:41 AM
 #3012

Guys I want to offer an excellent idea for developers  Grin 
I do not have time to update my wallets, they come out so often.
Why not make a purse, which itself will be automatically updated?

This wallet itself would download updates and run the installation. And everyone would be happy  Roll Eyes
There is already implemented autoupdater in current wallet release though  Wink
Help -> Check for update

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ocminer
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August 15, 2018, 09:22:10 AM
 #3013

If you're looking for some bonuses, there's 5% bonus per block on https://lux.suprnova.cc at least until the weekend.

suprnova pools - reliable mining pools - #suprnova on freenet
https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
fonship
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August 16, 2018, 05:37:10 AM
 #3014

New lesson of #Luxcoreacademy series about PHI2 algorithm is out!



More weekly lessons ahead, stay turned  Wink

Great claims,

But look how much people are mining with FPGA:
Phi1612 (Luxcoin, Folm): 5.2GH/s (650MH/s per card x eight) ($456/day at Apr-30 prices)
see here, how:
https://bitcointalk.org/index.php?topic=3459858.0

what going to do about it.

selling sushistake.com, send offers
Dead Things
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August 16, 2018, 05:57:51 AM
 #3015

Phi2 is what they did about it. Phi1612 != Phi2.

lupanar
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August 16, 2018, 06:46:41 AM
 #3016


Great claims,

But look how much people are mining with FPGA:
Phi1612 (Luxcoin, Folm): 5.2GH/s (650MH/s per card x eight) ($456/day at Apr-30 prices)
see here, how:
https://bitcointalk.org/index.php?topic=3459858.0

what going to do about it.
As @Dead Things mentioned, there was shift 1,5 months ago from phi1612 to phi2 algo to protect Luxcoin mining from FPGA asics.

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Dyvz
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August 16, 2018, 09:07:00 AM
 #3017

Yeah, new algo saved us from  FPGA for now. We still need price recovering to march-may levels. This crypt summer was way too cold!

xms
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August 16, 2018, 09:16:48 AM
 #3018


Great claims,

But look how much people are mining with FPGA:
Phi1612 (Luxcoin, Folm): 5.2GH/s (650MH/s per card x eight) ($456/day at Apr-30 prices)
see here, how:
https://bitcointalk.org/index.php?topic=3459858.0

what going to do about it.
As @Dead Things mentioned, there was shift 1,5 months ago from phi1612 to phi2 algo to protect Luxcoin mining from FPGA asics.

damm asics and fpga's
they focked it all up

XMG: 9Dqt2gQz5iNFFsMiFS3ftDd486RQQFW9Sx ,  BLE: JTk35RjRPD5wUzRRRUEb6t84QRvJKkfeFz
lupanar
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August 16, 2018, 09:52:28 AM
 #3019

Yep. Guess sooner or later ASICs/FPGAs will prevail in the end, but for now we are good and hope status quo will keep standing.

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Ginzink
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August 16, 2018, 12:34:23 PM
 #3020

Yep. Guess sooner or later ASICs/FPGAs will prevail in the end, but for now we are good and hope status quo will keep standing.

Yes I guess it is just a question of time before fpga becomes to gpu what gpu became for cpu. But thankfully the devs are still working on keeping gpu and spread the hash. With more miners going for fpga the need for gpu mining would disappear though.
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