Pseyco
Newbie
 Offline
Activity: 21
Merit: 0
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January 06, 2014, 10:47:40 PM |
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so, a few people have millions of coins, and now block reward is 7.8 coins... whit 50GH is about 650 coins a day... and when block reward is falling down to 1 ZET, nobody will mine anymore..
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Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
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January 07, 2014, 09:07:33 PM |
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If I'm correct, the 160 million Zetacoins have already been mined. That makes it an interesting coin to watch the next 2 years. The fast issue of coins followed by a semi-fixed total amount enables early adaptors to get a large share of the coins while value may be enhanced by the semi-hardcap in the future. We have already reached this soft hardcap. If Zetacoin can get some actual use, this could get interesting.  It remains to be seen whether 1 Zeta per block is sufficient to ensure a safe level of hashing. In theory, it only takes one miner to do all the hashing work as long as the difficulty is low enough. Again: an interesting concept for an altcoin. I am anxious to see how this will play out. |
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Tommo_Aus
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January 08, 2014, 05:30:46 AM |
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Could http://tompool.org please be added to the pool list? |
Tompool - http://tompool.org - a 2% fee SHA256/Scrypt/BURST/Groestl multipool supporting ANC, ASC, DGC, EZC, FLO, GLD, GME, MNC, RYC, TGC, TRC, XNC, ZET & more |
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TheMightyX
Sr. Member
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Activity: 350
Merit: 250
Vires in Numeris
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January 08, 2014, 06:25:18 PM |
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Who the fucks bright idea was it to release an ASIC-friendly altcoin?
Someone who owns an ASIC or two perhaps?
This coin is shit.
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Praxis
Legendary
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Activity: 1118
Merit: 1004
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January 08, 2014, 10:12:35 PM
Last edit: January 08, 2014, 10:26:47 PM by Praxis |
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Price drop ... do you see this as a trend that will continue? Does it have to do with the soft cap being reached?
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erk
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January 09, 2014, 07:44:48 AM |
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so, a few people have millions of coins, and now block reward is 7.8 coins... whit 50GH is about 650 coins a day... and when block reward is falling down to 1 ZET, nobody will mine anymore..
The block reward should have been 1 ZET per block from day one and never changing, that would have been far more interesting than what has been done. As it stands, ZET is the biggest insta-mine alt coin of all time. |
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Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
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January 09, 2014, 08:18:50 AM |
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The profitability of Zeta is and remains one of the lowest at multipool.us. From my perspective, this means that either the price should go up (not likely now) or difficulty down. What I would like to know is what the current difficulty is, what the expected next difficulty is and when this next difficulty is reached.
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huyha123
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January 09, 2014, 09:00:20 AM |
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multipool actually mining ZET right now. it has the highest profitability.
as ASIC only function is to mine sha-256 coin and some of old ASIC would find it hard to mine BTC, ZET would be ideal for these ASIC.
so ZET always got support. I find that a crucial feature. there many coins out there die away due to no miners.
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kimosan
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January 09, 2014, 08:02:29 PM
Last edit: January 10, 2014, 01:34:49 AM by kimosan |
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There were millions of ZET under .000001 BTC available at cryptsy during the 1st run up to .00012
This thing was trading tons between .0000009 & .0000003 for a couple months prior. I think it might have gotten down to .00000015 or so.
Zeta is much more spread out than a few of you guys seem to think.
Regular pool mining has been great. The recent downward trend and the latest block halving have cut into miner's profit but that also equates to less coins being sold by them. If the push down continues I will scoop them up from time to time. This has been and continues to be an outstanding coin to trade. The fast transactions only add to that fact. btc38 removing their upcoming 'cottage coins' section probably has a small part to do with the price reduction as well as other factors.
Not many ZET at market and it appears they're being slowly bought up at bter.
Have always liked this coin. Still mining it. Not sure where giskard has been the last couple weeks.
What happens when it reaches the minimal block reward will be interesting.
All these coins are a gamble, including BTC.
Recommence squabbling.
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Praxis
Legendary
Offline
Activity: 1118
Merit: 1004
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January 09, 2014, 08:41:56 PM |
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price should go up (not likely now) It's actually happening now ... price started to rise. |
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Praxis
Legendary
Offline
Activity: 1118
Merit: 1004
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January 10, 2014, 06:13:58 AM |
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d2dtk
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January 10, 2014, 06:27:14 AM |
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Seen that video this morning! Def like the voice over version!!
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d2dtk
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January 10, 2014, 06:30:22 AM |
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There were millions of ZET under .000001 BTC available at cryptsy during the 1st run up to .00012
This thing was trading tons between .0000009 & .0000003 for a couple months prior. I think it might have gotten down to .00000015 or so.
Zeta is much more spread out than a few of you guys seem to think.
Regular pool mining has been great. The recent downward trend and the latest block halving have cut into miner's profit but that also equates to less coins being sold by them. If the push down continues I will scoop them up from time to time. This has been and continues to be an outstanding coin to trade. The fast transactions only add to that fact. btc38 removing their upcoming 'cottage coins' section probably has a small part to do with the price reduction as well as other factors.
Not many ZET at market and it appears they're being slowly bought up at bter.
Have always liked this coin. Still mining it. Not sure where giskard has been the last couple weeks.
What happens when it reaches the minimal block reward will be interesting.
All these coins are a gamble, including BTC.
Recommence squabbling.
I seen the price drop today at a rate I couldn't turn away from and bought up as many as I could! Only wish I didn't buy last week when they were higher. |
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erOz
Newbie
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Activity: 20
Merit: 0
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January 11, 2014, 09:27:32 PM |
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d2dtk
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January 11, 2014, 10:52:18 PM |
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For one they open on the 22nd so i don't see any way of confirming it, second we don't know if they actually have taken all legal avenues as they stated. However this would be quiet interesting! |
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erOz
Newbie
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Activity: 20
Merit: 0
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January 11, 2014, 11:11:06 PM |
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For one they open on the 22nd so i don't see any way of confirming it, second we don't know if they actually have taken all legal avenues as they stated. However this would be quiet interesting! A way of confirming it would be a word from Zetacoin devs saying if they got contacted by Zetorg devs for instance. I asked it because the account that was used to post was created today, which raises some doubts. We will see in 10 days if those doubts were founded or not. I really wish it is real though! I just became suspicious in this world of scam :-) |
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aliceross222
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Activity: 19
Merit: 0
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January 11, 2014, 11:34:23 PM |
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ajax3592
Full Member
Offline
Activity: 210
Merit: 100
Crypto News & Tutorials - Coinramble.com
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January 12, 2014, 12:04:06 PM |
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no official announcement by OP here about the usd/zet exchange?
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farvali
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January 12, 2014, 04:14:11 PM |
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Just to say hello to ZET community. I'm a new ZET miner with 3 useless Jalapenos received yesterday  Let's begin! btw, where's the wallet for Zetacoin? official site seems to be down  |
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