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Author Topic: [ANN] [XJO] Joulecoin | SHA256 | First SHA256 data coin | Major upgrade 0.10.4.2  (Read 127118 times)
spazzdla
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November 25, 2014, 09:15:30 PM
 #421

I'm mining it because I like the name and metrics...  The issue with sending the coin skywards is you have to have the capital to put up a buy wall to keep it there..  Although even 20k USD would allow you to go nuts and put up a large buy wall.

I really really like the min payout amount for mining, IMO BTC should have one but that will never happen.


So yes.. I am mining it to keep the house warm lol.

I cannot see this coin dropping past $4k market cap Wink.
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smalltimer
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November 26, 2014, 05:13:45 AM
Last edit: November 26, 2014, 11:05:26 AM by smalltimer
 #422

I'm mining it because I like the name and metrics...  The issue with sending the coin skywards is you have to have the capital to put up a buy wall to keep it there..  Although even 20k USD would allow you to go nuts and put up a large buy wall.

I really really like the min payout amount for mining, IMO BTC should have one but that will never happen.


So yes.. I am mining it to keep the house warm lol.

I cannot see this coin dropping past $4k market cap Wink.

if people generally agree this coin will survive it is under value for sure. The halving is a bit long (1 year would have been long enough) but still.
Some good PR, some polishing and it can be many times the price.

6k$ cap is under value. This can do much better.  Wink
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November 26, 2014, 05:14:56 AM
 #423

Watching!
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November 26, 2014, 05:43:42 AM
Last edit: November 26, 2014, 11:09:26 AM by smalltimer
 #424

Watching!

everyone is. And talking too. But doing? Not many ...  Tongue

Coins like this one are basically businessopportunities for those willing to get their hands dirty.

Instead of only speculating and loosing often because of relying on the work of others people could aswell do some work themselves and make sure they get their ROI.
coins are decentralised companies. Coins that rely on only one or two persons fail sooner or later. Build some more community, make it happen  Wink

Why is this coin special? What's your opinion on it?

Miners seem to like it. So it's a coin someone can invest in if miners keep mining.
Coin already good for miners. Now make it more attractive for investors and it's going places.  Wink
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November 26, 2014, 11:58:09 AM
 #425

The coin has a very good distribution too!

https://chainz.cryptoid.info/xjo/#!rich

i think this gives it additional value

One of the top 10 adresses should be cryptsy.

Do not let a coin with this good distribution rot! It's a gem in the rough. If you would try to achieve this distribution the fast way it would not be possible. You would not get it this good. Not with airdrops or anything else. The distribution is a valuable metric of this coin.

(hehe. Dirt cheap. 0.05 btc gets you on the top 100 richlist. It's almost too good to be true)  Smiley

what did you people do? How did you manage to sell it down like that?
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November 26, 2014, 02:04:26 PM
 #426

I'm mining it because I like the name and metrics...  The issue with sending the coin skywards is you have to have the capital to put up a buy wall to keep it there..  Although even 20k USD would allow you to go nuts and put up a large buy wall.

I really really like the min payout amount for mining, IMO BTC should have one but that will never happen.


So yes.. I am mining it to keep the house warm lol.

I cannot see this coin dropping past $4k market cap Wink.

if people generally agree this coin will survive it is under value for sure. The halving is a bit long (1 year would have been long enough) but still.
Some good PR, some polishing and it can be many times the price.

6k$ cap is under value. This can do much better.  Wink

IMO it needs a purpose and/or people like Amagi metals need to accept it.

The hashrate will never drop below 180 Ghash, muhahahah!
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November 26, 2014, 08:50:58 PM
 #427

I've been away from XJO for awhile. I'll download the new wallet and see what's up...been some chatter about the coin lately...

Unobtanium - The crypto commodity you keep! |
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November 27, 2014, 12:24:59 AM
 #428

good distribution + dev never completely abandoned it + easy to activate community + miners like the coin, it is mined despite very low cap + nice features + no premine + exchange listing + wallet, explorer and chain works fine even after a year, did not even need to hardfork (or did it?) - fully functional +++

= much unrealised potential and therefore: under value

Give it a little make up (graphics, website, roadmap, youtube video etc) to be able to attract investors and this can go Top 100 maybe in the future.
Very cheap right now for all these circumstances. But try to not pump it now like crazy because the inflation is still high until first halving next year. I would recommend sustainable growthpattern. It is still accumulation time for next 10 months. I hope some people come out of the woodworks and help the dev making it nice so it can have stable value longterm.
If you have xjo: hodl maybe?

With 0.04 btc worth inflation each day this marketcap should be  around rock bottom

(my 2 cent)
 
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November 27, 2014, 12:58:23 AM
 #429

what does this 'minimum reward' mean? What does that do?
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November 27, 2014, 01:21:13 AM
 #430

what does this 'minimum reward' mean? What does that do?

Minimum payout amount per block.
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November 27, 2014, 01:30:32 AM
 #431

what does this 'minimum reward' mean? What does that do?

Minimum payout amount per block.

who gets that? Everyone who is mining it gets that minimum payout? So mining joule means you get 0.001 xjo per block no matter what? Is this correct? (i am not a miner, that's why i need to ask)
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November 27, 2014, 01:40:39 AM
 #432

what does this 'minimum reward' mean? What does that do?

Minimum payout amount per block.

who gets that? Everyone who is mining it gets that minimum payout? So mining joule means you get 0.001 xjo per block no matter what? Is this correct? (i am not a miner, that's why i need to ask)

It is the mining reward. Currently it is 16 XJO per block. After two years it halves to 8 XJO per block, then after another two years to 4 XJO, etc. until it reaches 0.001 XJO, then it stops decreasing and stays 0.001 XJO forever.
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November 27, 2014, 01:46:29 AM
 #433

what does this 'minimum reward' mean? What does that do?

Minimum payout amount per block.

who gets that? Everyone who is mining it gets that minimum payout? So mining joule means you get 0.001 xjo per block no matter what? Is this correct? (i am not a miner, that's why i need to ask)

It is the mining reward. Currently it is 16 XJO per block. After two years it halves to 8 XJO per block, then after another two years to 4 XJO, etc. until it reaches 0.001 XJO, then it stops decreasing and stays 0.001 XJO forever.


i see. Thanks for clarification  Smiley
spazzdla
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November 27, 2014, 01:45:22 PM
 #434

That is the metric I really really like about this coin.  Well and 45 second block time is pretty awesome.. and well SHA-256 so super computers don't stand a chance at 51%ing you need ASIC's.

I will mine this until all 3 of my S1's die... and then I'll just get another miner to mine it MUHAHAH!! Smiley.  I am about to shutdown two of them and they will be used as back up if my Joule miner goes down.
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November 28, 2014, 02:47:05 AM
 #435

I've thrown some hashing at XJO. What is the best pool to use?

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November 28, 2014, 02:54:20 AM
 #436

why all the dumping now?

Dump them all to me. Good idea.  Grin
spazzdla
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November 28, 2014, 02:22:08 PM
 #437

I've thrown some hashing at XJO. What is the best pool to use?

I use e-pool, I like the fact it shows up as mined coins.
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November 30, 2014, 10:00:26 AM
 #438

Quote
Are you people mining just to keep the house warm or what?

Currently daily cost of running this network are:

0.039936 btc

Actually like this idea ... winter is here in the North ... why not promote Joule as the coin that pays you to heat the house Cheesy

Could be part of the long game plan ... selling heater/shaminers ... The Joule Unit (available for XJO only).

I don't think there is any need to rush to bump the price ... this coin halves every 2 years ... at year 4 things get interesting until then its a miners favorite.   

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BitcoinNational
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November 30, 2014, 10:14:09 AM
Last edit: December 01, 2014, 05:02:24 PM by BitcoinNational
 #439

the xJo wallet should have the words written on this cats wallet Wink  ... that's what kind of coin this is
... and the O is silent



I'm sorry, did I break your concentration? I didn't mean to do that. Please, continue, you were saying something about ... transaction comments

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December 01, 2014, 02:52:38 PM
 #440

Joulecoin!!!
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