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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 |
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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 $4k market cap  . if people generally agree this coin will survive it is under value for sure. The halving is a bit long (1 year would have been long enough) but still. Some good PR, some polishing and it can be many times the price. 6k$ cap is under value. This can do much better. |
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No Gods or Kings. Only Bitcoin
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uyu833f
Newbie
 Offline
Activity: 14
Merit: 0
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November 26, 2014, 05:14:56 AM |
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Watching!
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smalltimer
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November 26, 2014, 05:43:42 AM
Last edit: November 26, 2014, 11:09:26 AM by smalltimer |
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Watching!
everyone is. And talking too. But doing? Not many ...  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 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. |
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smalltimer
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November 26, 2014, 11:58:09 AM |
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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)  what did you people do? How did you manage to sell it down like that? |
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spazzdla
Legendary
Offline
Activity: 1722
Merit: 1000
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November 26, 2014, 02:04:26 PM |
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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 $4k market cap . if people generally agree this coin will survive it is under value for sure. The halving is a bit long (1 year would have been long enough) but still. Some good PR, some polishing and it can be many times the price. 6k$ cap is under value. This can do much better. 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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BitcoinCharlie
Legendary
Offline
Activity: 1260
Merit: 1001
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November 26, 2014, 08:50:58 PM |
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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...
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Unobtanium - The crypto commodity you keep! | Hate Inflation? You'll love $UNO
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smalltimer
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November 27, 2014, 12:24:59 AM |
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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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balu2
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November 27, 2014, 12:58:23 AM |
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what does this 'minimum reward' mean? What does that do?
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spazzdla
Legendary
Offline
Activity: 1722
Merit: 1000
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November 27, 2014, 01:21:13 AM |
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what does this 'minimum reward' mean? What does that do?
Minimum payout amount per block. |
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balu2
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November 27, 2014, 01:30:32 AM |
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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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WillowRosenberg
Newbie
Offline
Activity: 55
Merit: 0
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November 27, 2014, 01:40:39 AM |
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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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balu2
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November 27, 2014, 01:46:29 AM |
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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 |
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spazzdla
Legendary
Offline
Activity: 1722
Merit: 1000
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November 27, 2014, 01:45:22 PM |
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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!! . 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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BitcoinCharlie
Legendary
Offline
Activity: 1260
Merit: 1001
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November 28, 2014, 02:47:05 AM |
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I've thrown some hashing at XJO. What is the best pool to use?
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Unobtanium - The crypto commodity you keep! | Hate Inflation? You'll love $UNO
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smalltimer
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November 28, 2014, 02:54:20 AM |
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why all the dumping now? Dump them all to me. Good idea.  |
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spazzdla
Legendary
Offline
Activity: 1722
Merit: 1000
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November 28, 2014, 02:22:08 PM |
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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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BitcoinNational
Legendary
Offline
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
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November 30, 2014, 10:00:26 AM |
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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  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
Legendary
Offline
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
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November 30, 2014, 10:14:09 AM
Last edit: December 01, 2014, 05:02:24 PM by BitcoinNational |
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the xJo wallet should have the words written on this cats wallet ... 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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spazzdla
Legendary
Offline
Activity: 1722
Merit: 1000
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December 01, 2014, 02:52:38 PM |
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Joulecoin!!!
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salfter
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December 02, 2014, 04:33:00 PM |
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I'm looking at adding Joulecoin to my MinerSwitcher setup, but I've run into a snag: I can't get the block reward out of joulecoind. [...] It's hard to reach any other conclusion than that there's a bug somewhere in the Joulecoin codebase, given that I have 25 other coins configured and running properly with the same code. Are you sure you have the correct port, port is open, etc? Try telnet to the host/port and see if you can connect. The getblocktemplate command returns the information you are looking for: {
"coinbasevalue" : 1600000000,
}
In addition to that, I've tried sending RPC commands with curl as described in the Bitcoin wiki: curl --user user --data-binary '{"jsonrpc": "1.0", "id":"curltest", "method": "getinfo", "params": [] }' -H 'content-type: text/plain;' http://127.0.0.1:8844/This fails with a 401 error. It works against bitcoind (and, presumably, the other coin daemons...also tested it against 42, for instance), but not joulecoind. I'm giving it the same password that's in .joulecoin/joulecoin.conf, so that isn't it. |
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