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bybitcoin
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July 20, 2013, 08:35:04 AM
 #41

RandyBalls: good post, the whitepaper was not enough explicit in addressing the protocol and the nature of the blockcahins produced with.
And yes I know some math (actually I have a Ph.d with my dissertation being done in Number Theory). I am not trolling dude, just trying to make the picture clear here. Remember: primes could behave very irregular and wild, causing one to keep an open eye on their dependents  Wink
Magic8Ball: I am neither Bitcoin nor Litecoin supporter, each have their flaws, specially Bitcoin has the above mentioned one (51% attack, slow transaction, unfair distribution-adoption pattern). I am looking for a new coin to solve these problems. That's why I am asking and questioning the newcomers.. hope your Primecoins does these things well, time will show.
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Luckybit
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July 20, 2013, 09:08:47 AM
 #42

RandyBalls: good post, the whitepaper was not enough explicit in addressing the protocol and the nature of the blockcahins produced with.
And yes I know some math (actually I have a Ph.d with my dissertation being done in Number Theory). I am not trolling dude, just trying to make the picture clear here. Remember: primes could behave very irregular and wild, causing one to keep an open eye on their dependents  Wink
Magic8Ball: I am neither Bitcoin nor Litecoin supporter, each have their flaws, specially Bitcoin has the above mentioned one (51% attack, slow transaction, unfair distribution-adoption pattern). I am looking for a new coin to solve these problems. That's why I am asking and questioning the newcomers.. hope your Primecoins does these things well, time will show.

I suggest you have a look at Netcoin. If you're a math expert it's in the process of peer review so have a look http://bitcointalk.org/index.php?topic=169204.0
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July 20, 2013, 09:31:50 AM
 #43

It's dropped a bit  Angry

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July 20, 2013, 10:54:29 AM
 #44

It's dropped a bit  Angry

Still seriously overpriced.
BTC is overpriced, XPM is underpriced*
I'll just fix that for you.  Wink

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July 20, 2013, 11:08:01 AM
 #45

It's dropped a bit  Angry

Everybody panic!!
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July 20, 2013, 11:34:22 AM
 #46

It's dropped a bit  Angry

Everybody panic!!

I'm surprised it's dropping so quick.  I know its taking me forever to mine any these days.
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July 20, 2013, 11:40:16 AM
 #47

Thus the need for a lower price... why buy at higher prices if weak hands are weak enough to part with them at lower prices?

(Too hard to mine.... have to buy instead, ouch... Need to convince people to part with them cheap... plot plan FUD whatever...)

-MarkM-

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July 20, 2013, 12:00:04 PM
 #48

Thus the need for a lower price... why buy at higher prices if weak hands are weak enough to part with them at lower prices?

(Too hard to mine.... have to buy instead, ouch... Need to convince people to part with them cheap... plot plan FUD whatever...)

-MarkM-


GPU miners are coming!! The price will go down to 0.00001 LTC per XPM. Sell ASAP!!
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July 20, 2013, 12:06:09 PM
 #49

GPU miners are coming!! The price will go down to 0.00001 LTC per XPM. Sell ASAP!!

It was panic sell. Someone said in chat that if gpu miners will come block reward will go down to 2 XPM that isnt true.
If GPU miners come up then we seems get difficulty around 10-11 (block reward 10 in case of diff = 10 and 8.25 in case of diff = 11), but diff = 11 means that primecoin net will get ~ 1000 more hash power then now (current diff ~ 9)
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July 20, 2013, 12:29:02 PM
 #50

Quick, more FUD so we can buy more cheap!

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July 20, 2013, 01:39:41 PM
 #51

Quick, more FUD so we can buy more cheap!

-MarkM-

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July 20, 2013, 03:26:18 PM
 #52

Seems like the price is stabilising. So maybe can get a few now. I hate to do some trade and see the price fluctuate badly, usually opposite to the trade I have done.

I hope it drops. Too expensive to buy anything now. Maybe after the UNOCS announcement tomorrow I can sell a few of my coins and get some BTC.
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July 20, 2013, 03:28:29 PM
 #53

XPM to LTC prices in ~3 weeks...
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July 20, 2013, 03:28:58 PM
 #54

Magic8Ball: I am neither Bitcoin nor Litecoin supporter, each have their flaws, specially Bitcoin has the above mentioned one (51% attack, slow transaction, unfair distribution-adoption pattern). I am looking for a new coin to solve these problems. That's why I am asking and questioning the newcomers.. hope your Primecoins does these things well, time will show.

My post was not directed against you. Just a general observation from several threads. Found it interesting, thats all.

'My Primecoins' - not so much. Mined 4 blocks, 2 of them on the fast day. Looking to buy a few if the price drops.
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July 20, 2013, 03:53:08 PM
 #55

Short term 0.02, long term who knows...  Grin

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July 20, 2013, 03:58:42 PM
 #56

short term down to 0.003 and then rise to 0.015 in 3 weeks maybe
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July 20, 2013, 04:03:06 PM
 #57

short term down to 0.003 and then rise to 0.015 in 3 weeks maybe


Please let it be true. Sold mine at 0.0029 - a chance to undo my mistake.

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July 20, 2013, 04:06:03 PM
 #58

short term down to 0.003 and then rise to 0.015 in 3 weeks maybe

Depends on how GPU miners turn out, this seems pretty accurate.
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July 20, 2013, 05:21:04 PM
 #59

It's dropped a bit  Angry

Calm down a bit. Be patient and remember there is always opportunities for traders, i.e buyers and sellers.
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July 20, 2013, 05:57:18 PM
 #60

It's dropped a bit  Angry

Calm down a bit. Be patient and remember there is always opportunities for traders, i.e buyers and sellers.
Yeah have some small holdings in case it goes up high  Cool

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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