[ANN][ZET] Zetacoin - SHA256 - Upgrade to 0.13.2 (Segwit)

[dmatthewstewart]

Alright, lets give this a shot. Everyone stand back...Im about to activate MINERD!

[dmatthewstewart]

Coinmine.pl has the difficulty at 11,000. Is that correct?

[Digigami]

"difficulty" : 11332.55343177

[BChydro]

What do you guys think will happen to the price after the next halving?

[Hydroponica]

What do you guys think will happen to the price after the next halving?

It will have to double, for the coin to stay alive.

[Marty19]

Who runs zetpool.com?

I'm able to login with an active account.

I had the same thing happen as soon as I confirmed my email address ......

Problems with zetpool.com have been resolved .... now able to log back in 

[Nemo1024]

What do you guys think will happen to the price after the next halving?

It will have to double, for the coin to stay alive.

No, it does not need to double, but it will go up, probably with a slight lag after the halving to account for diminished supply. Also, those, who see it, have already started buying, so the price is edging upwards.

[BChydro]

What do you guys think will happen to the price after the next halving?

It will have to double, for the coin to stay alive.

Wouldn't that be nice for the price to double. But if the price doesn't change, the coin doesn't die. The difficulty will shrink to half and everything will resume as normal.

[thefunkybits]

What do you guys think will happen to the price after the next halving?

It will have to double, for the coin to stay alive.

Wouldn't that be nice for the price to double. But if the price doesn't change, the coin doesn't die. The difficulty will shrink to half and everything will resume as normal.

but ASICs

[Nemo1024]

ASICs is not a magic bullet. An operator will only point his ASICs to a certaian coin if its profitability is higher or around that of BTC. For that to happen either the price needs to go up or difficulty needs to go down. We'll see how the network effect plays out in the days to come.

[Nemo1024]

A small announcement: I am now accepting ZET for my Durrell Wildlife Conservation Trust fund-raising drive!

EDIT: We need vanitygen for Zetacoin!

[pgbit]

Who runs zetpool.com?

I'm able to login with an active account.

I had the same thing happen as soon as I confirmed my email address ......

Problems with zetpool.com have been resolved .... now able to log back in 

Hmm yes, I registered and could log in, and did this prior to confirming the email link. Then I saw the link a day later and clicked it, and now cant log in.

[Hydroponica]

What do you guys think will happen to the price after the next halving?

It will have to double, for the coin to stay alive.

No, it does not need to double, but it will go up, probably with a slight lag after the halving to account for diminished supply. Also, those, who see it, have already started buying, so the price is edging upwards.

Well, at 500 Block reward, the profitability floats around 100%. If reward halves, and price does not double, profitability will float around 50%, and noone will mine it. So, the price HAS to double, for the coin to stay alive. This isn't complicated.

[Nemo1024]

What do you guys think will happen to the price after the next halving?

It will have to double, for the coin to stay alive.

No, it does not need to double, but it will go up, probably with a slight lag after the halving to account for diminished supply. Also, those, who see it, have already started buying, so the price is edging upwards.

Well, at 500 Block reward, the profitability floats around 100%. If reward halves, and price does not double, profitability will float around 50%, and noone will mine it. So, the price HAS to double, for the coin to stay alive. This isn't complicated.

...which will lead to diff reduction, making it profitable to mine again. However, I see both effects taking place.

And the price is already starting to move up from everyone, who anticipates the further increase of the price after doubling. Buying now, might be a good move.

[NorbyTheGeek]

What do you guys think will happen to the price after the next halving?

It will have to double, for the coin to stay alive.

No, it does not need to double, but it will go up, probably with a slight lag after the halving to account for diminished supply. Also, those, who see it, have already started buying, so the price is edging upwards.

Well, at 500 Block reward, the profitability floats around 100%. If reward halves, and price does not double, profitability will float around 50%, and noone will mine it. So, the price HAS to double, for the coin to stay alive. This isn't complicated.

When profitability drops, and people stop mining Zeta because it's no longer profitable, the difficulty will drop, bringing the coin back into profitability.

[bob131313]

Donations


ZET ZRrN3RWvaSut1ckNmD3ozgQf7jDSc5PVEh

FYI. History of Donation address. http://bit.usr.sh:2750/address/ZRrN3RWvaSut1ckNmD3ozgQf7jDSc5PVEh

Balance: 140045.28004645 ZET
Transactions in: 20
Received: 733123.19434743 ZET
Transactions out: 16
Sent: 593077.91430098 ZET
Transactions
Transaction   Block   Approx. Time   Amount   Balance   Currency
7180883c76...   10164   2013-08-05 05:39:35   1000   1000   ZET
80c72b906f...   12822   2013-08-05 22:46:50   50000   51000   ZET
d6574186a2...   12823   2013-08-05 22:47:40   50000   101000   ZET
d7010092ac...   15746   2013-08-06 17:18:39   (1000)   100000   ZET
f2a659ce43...   15822   2013-08-06 17:54:03   (50000)   50000   ZET
2d8ddbc56c...   16277   2013-08-06 21:23:22   (50000)   0   ZET
f7813f755d...   23615   2013-08-09 00:21:11   20000   20000   ZET
8b526d56e2...   23717   2013-08-09 01:10:49   100000   120000   ZET
9bd93a494f...   23728   2013-08-09 01:17:57   50000   170000   ZET
a7d672362a...   23899   2013-08-09 02:24:58   25000   195000   ZET
e27f1ccb47...   27616   2013-08-10 03:42:49   100000   295000   ZET
41bff41d24...   29221   2013-08-10 13:59:59   1000   296000   ZET
352e306b58...   29228   2013-08-10 14:05:31   (25000)   271000   ZET
69e6307001...   29234   2013-08-10 14:08:16   (1000)   270000   ZET
0b86d660cf...   46661   2013-08-15 00:57:39   (100000)   170000   ZET
80506e6588...   53895   2013-08-16 20:03:31   5750   175750   ZET
18b3382749...   54818   2013-08-17 02:38:43   250000   425750   ZET
bd3daae67d...   56033   2013-08-17 10:24:33   (250000)   175750   ZET
3529ee2870...   64659   2013-08-19 19:55:24   (20000)   155750   ZET
c31dce7820...   74099   2013-08-22 04:26:49   10000   165750   ZET
d50173f957...   75955   2013-08-22 11:43:25   30000   195750   ZET
8602393373...   76486   2013-08-22 14:06:02   (30000)   165750   ZET
8602393373...   76486   2013-08-22 14:06:02   (10000)   155750   ZET
6734054d16...   83983   2013-08-24 13:50:01   (50000)   105750   ZET
6e68bfd997...   83987   2013-08-24 13:51:15   (5750)   100000   ZET
55174bee44...   87684   2013-08-25 15:14:25   20000   120000   ZET
30d2187933...   92430   2013-08-26 18:21:17   153.89619896   120153.89619896   ZET
71de4ae21f...   92436   2013-08-26 18:21:55   150.83362115   120304.72982011   ZET
0814f43936...   92438   2013-08-26 18:22:06   45.28004645   120350.00986656   ZET
d21f55e73e...   92433   2013-08-26 18:31:34   15.2357219   120365.24558846   ZET
c9adc463e3...   92475   2013-08-26 18:44:56   7.94875897   120373.19434743   ZET
476bc9fd3e...   92847   2013-08-26 19:13:44   20000   140373.19434743   ZET
46f5d01e7c...   93250   2013-08-26 20:29:17   (7.94875897)   140365.24558846   ZET
89f3d06ff4...   96917   2013-08-27 19:24:18   (15.2357219)   140350.00986656   ZET
93899a717c...   103041   2013-08-29 09:47:03   (150.83362115)   140199.17624541   ZET
93899a717c...   103041   2013-08-29 09:47:03   (153.89619896)   140045.28004645   ZET

[bob131313]

My ZET android casino is eating up all my spare time but is moving along. I have a semi functioning Mycelium wallet working. https://github.com/mycelium-com/wallet but still am getting some random crashes on my android phone.

Any other projects going on? How is the faucet doing? For the official domain, what are the plans with it? Would be nice to move the forum to it, maybe add in a vanity address gen. 

Perhaps officially creating/announcing the dev team would be useful to the community. Without a strong dev support, this coin may not have a future. Giskard has done a great job of keeping it updated and being responsive so far.

[BitCoiner2012]

What do you guys think will happen to the price after the next halving?

It will have to double, for the coin to stay alive.

No, it does not need to double, but it will go up, probably with a slight lag after the halving to account for diminished supply. Also, those, who see it, have already started buying, so the price is edging upwards.

Well, at 500 Block reward, the profitability floats around 100%. If reward halves, and price does not double, profitability will float around 50%, and noone will mine it. So, the price HAS to double, for the coin to stay alive. This isn't complicated.

What happened when the block split from 1000?

[Hydroponica]

What do you guys think will happen to the price after the next halving?

It will have to double, for the coin to stay alive.

No, it does not need to double, but it will go up, probably with a slight lag after the halving to account for diminished supply. Also, those, who see it, have already started buying, so the price is edging upwards.

Well, at 500 Block reward, the profitability floats around 100%. If reward halves, and price does not double, profitability will float around 50%, and noone will mine it. So, the price HAS to double, for the coin to stay alive. This isn't complicated.

What happened when the block split from 1000?

It wasn't on an exchange, when that happened

[BitCoiner2012]

What do you guys think will happen to the price after the next halving?

It will have to double, for the coin to stay alive.

No, it does not need to double, but it will go up, probably with a slight lag after the halving to account for diminished supply. Also, those, who see it, have already started buying, so the price is edging upwards.

Well, at 500 Block reward, the profitability floats around 100%. If reward halves, and price does not double, profitability will float around 50%, and noone will mine it. So, the price HAS to double, for the coin to stay alive. This isn't complicated.

What happened when the block split from 1000?

It wasn't on an exchange, when that happened

In other words, people were mining prior to an exchange? With a higher reward rate? And continued to mine in greater abundance after the halving? Hm.