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Author Topic: [ANN] ZEU - ZeusCoin - New PoW coin with random blocks | No Premine  (Read 52325 times)
Davethedestroyer
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February 23, 2014, 05:10:42 PM
 #501

Our next step is to attract more miners (imo).  When difficulty is up it becomes harder to mine, and usually follows to a price increase.. .I hope at least!

There will be lots of selling at low prices i am sure due to 5 months of mining with no exchange!

Price is quite low right now so i reccomend buying some up if you can! Tongue


Low based on what?

This coin sat here with little to no activity, no website, no exchange for 5 months during the massive influx of scrypt miners and crypto currency awareness. If the price does ever go higher then where it is now it is going to take a lot more then being on an exchange and a new website.

To be honest I was one of the first person on the exchange trying to get rid of my coins. I mean jeeze look at that first ticker on the chart.
Looks like it started high at 900 but really it took 250 coins for the price to drop from that 900 to 3. lol

Well by low i am saying that at the prices it was trading at 3 satoshi you mentioned, the whole coin supply if fully mined (which it is not) would be sold at close to 10 btc, almost 20x lower than anything on coinmarketcap which in all honesty is quite low no matter what the coin has or does not have.

If i can say anything about crypto is you never know what will happen, so in terms of risk vs reward its quite high if you were to get a substansial amount of the coins if the price.. even doubles which to be frank would not be hard yet almost inevitible

The smart money is buying/mining zeus. I think we can do better than a 6,000 market cap.


 

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hercules1600
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February 23, 2014, 05:23:38 PM
 #502

Yeah I can only imagine how big CENT would have been if it were not for that unfortunate staking bug.  There is still trillions of them, and huge xpm walls between each price change. However with that said it was amazing to see how much xpm was being used to push cent its quite remarkable.

Watching many of the coins at certain times is amazing. It can look like shits about to crash to the ground and then BOOM, money from everywhere pours in.
The trick now is seeing the cryptoworld for what it is. A stock trading game. Sure a few coins will eventually come up from the dust but essentially right now the game is buy whats cheap, sell when the inevitable pump comes. Buy again if you trust the coin when it drops back down.

To be honest as I write this I am wondering why I have not bought mass amounts of zues at these prices. I think i begin in this thread scared for the coin and I have, with your help, almost convinced myself to get buying Tongue

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February 23, 2014, 05:47:25 PM
 #503

Yeah I can only imagine how big CENT would have been if it were not for that unfortunate staking bug.  There is still trillions of them, and huge xpm walls between each price change. However with that said it was amazing to see how much xpm was being used to push cent its quite remarkable.

Watching many of the coins at certain times is amazing. It can look like shits about to crash to the ground and then BOOM, money from everywhere pours in.
The trick now is seeing the cryptoworld for what it is. A stock trading game. Sure a few coins will eventually come up from the dust but essentially right now the game is buy whats cheap, sell when the inevitable pump comes. Buy again if you trust the coin when it drops back down.

To be honest as I write this I am wondering why I have not bought mass amounts of zues at these prices. I think i begin in this thread scared for the coin and I have, with your help, almost convinced myself to get buying Tongue

Heh yeah, I do think we can do better than a $6,000 market cap too Tongue... at least i hope so!
It is a matter of buying low and selling high if one is looking to make a profit.  i have done good on a few and really poor few... unfortunate in some cases lol. I will get a big one yet :p

It would still be nice to get a 2nd pool going though, as a backup for miners
Davethedestroyer
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February 23, 2014, 10:54:25 PM
 #504

Whats the deal with the pool. It says the pool hashrate is 14M and the network is 6M?

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February 23, 2014, 11:38:03 PM
 #505

Whats the deal with the pool. It says the pool hashrate is 14M and the network is 6M?

I went to the Wallet and checked the getnetworkhps and its reporting about what the pool is (around 6-8 atm) so not to sure why the pool has so much hash rate.

Would it be on the wallet reporting it wrong, or maybe the pool not doing its thing right

one would assume if we are still seeing ~ 30 second block times then the pool is only submitting about 1/2 to the network?
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February 23, 2014, 11:38:24 PM
 #506

this is a record, after 4 months on an exchange..  Grin
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February 23, 2014, 11:59:55 PM
 #507

Try adding that its on an exchange in the title to attract more miners.
Davethedestroyer
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February 24, 2014, 12:04:07 AM
 #508

Whats the deal with the pool. It says the pool hashrate is 14M and the network is 6M?

I went to the Wallet and checked the getnetworkhps and its reporting about what the pool is (around 6-8 atm) so not to sure why the pool has so much hash rate.

Would it be on the wallet reporting it wrong, or maybe the pool not doing its thing right

one would assume if we are still seeing ~ 30 second block times then the pool is only submitting about 1/2 to the network?

Yeah, something is wrong. The pool is now showing 17mhs @ .053 difficulty. My client is showing same difficulty at 7.6mhs.

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February 24, 2014, 12:07:52 AM
 #509

Whats the deal with the pool. It says the pool hashrate is 14M and the network is 6M?

I went to the Wallet and checked the getnetworkhps and its reporting about what the pool is (around 6-8 atm) so not to sure why the pool has so much hash rate.

Would it be on the wallet reporting it wrong, or maybe the pool not doing its thing right

one would assume if we are still seeing ~ 30 second block times then the pool is only submitting about 1/2 to the network?

Yeah, something is wrong. The pool is now showing 17mhs @ .053 difficulty. My client is showing same difficulty at 7.6mhs.
Yeah, the pools hps reported by the pool is determined upon share submittal i believe, and the pools reported network hps im guessing is pulled from the network stats from the qt, which is based on block time/shares/diff. Did i get that right? lol

So baring maybe a large string of bad luck on shares the pool submitted to the network in finding a new block is making the network think the hash is lower than it is?? Just a small theory.

With how small the entire network hash is vs pool i could see this i suppose. who knows
zeus376
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February 25, 2014, 11:08:32 PM
 #510

Our next step is to attract more miners (imo).  When difficulty is up it becomes harder to mine, and usually follows to a price increase.. .I hope at least!

There will be lots of selling at low prices i am sure due to 5 months of mining with no exchange!

Price is quite low right now so i reccomend buying some up if you can! Tongue


Low based on what?

This coin sat here with little to no activity, no website, no exchange for 5 months during the massive influx of scrypt miners and crypto currency awareness. If the price does ever go higher then where it is now it is going to take a lot more then being on an exchange and a new website.

To be honest I was one of the first person on the exchange trying to get rid of my coins. I mean jeeze look at that first ticker on the chart.
Looks like it started high at 900 but really it took 250 coins for the price to drop from that 900 to 3. lol

Well by low i am saying that at the prices it was trading at 3 satoshi you mentioned, the whole coin supply if fully mined (which it is not) would be sold at close to 10 btc, almost 20x lower than anything on coinmarketcap which in all honesty is quite low no matter what the coin has or does not have.

If i can say anything about crypto is you never know what will happen, so in terms of risk vs reward its quite high if you were to get a substansial amount of the coins if the price.. even doubles which to be frank would not be hard yet almost inevitible

The smart money is buying/mining zeus. I think we can do better than a 6,000 market cap.
 
+1
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February 26, 2014, 12:53:49 AM
 #511

Hey Zeus376,

I am not sure if you know, but Dave put up a bounty for a ZEU pool on reddit before it hit the exchange due to coin-base going up and down. 

He fronted 200,000 coins towards that, and i initially said i would front 50k but i am willing to put in 200k as well, so we can offer 400k zeu for a pool (payable after 1-week of uptime was what dave specified).

Perhaps you could update the Main page for a bounty on that.  We need something steady so any chance we have at attracting new miners can be an easy transition for them, rather than solo mining.

Let us know
Davethedestroyer
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February 26, 2014, 05:41:44 AM
 #512

Added a mining calculator to zeuscoin.org: Zeuscoin Mining Profitability


Check it out. Let me know if you see any bugs.

Davethedestroyer
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February 26, 2014, 06:51:30 PM
 #513

Petition Netcode for a zeuscoin pool.

Netcode


Post your support for zeuscoin!

nrhs05
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February 26, 2014, 09:42:35 PM
 #514

Even at the small price of 9 satoshi, this is almost as profitable as any of the top coins on coin warz, within the top 10 the last few times i check with the dif/network hash as it is lol.

unfortunately cryptush is not on coinwarz.
Davethedestroyer
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February 26, 2014, 11:54:07 PM
 #515

Even at the small price of 9 satoshi, this is almost as profitable as any of the top coins on coin warz, within the top 10 the last few times i check with the dif/network hash as it is lol.

unfortunately cryptush is not on coinwarz.

yep. We're getting there. Just keep spreading the word. If we can get a pool like netcode on board, we'll be in good shape.

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February 27, 2014, 12:37:08 AM
 #516

Even at the small price of 9 satoshi, this is almost as profitable as any of the top coins on coin warz, within the top 10 the last few times i check with the dif/network hash as it is lol.

unfortunately cryptush is not on coinwarz.

yep. We're getting there. Just keep spreading the word. If we can get a pool like netcode on board, we'll be in good shape.

Yeah, after a while I am hoping the buy/sell orders level out and cause the pool bounty to be worth a fair bit of btc in conversion.  Everytime we get a decent amount of network hash coin-base seems to have issues.
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February 27, 2014, 01:49:32 AM
 #517

looks the trading is pretty healthy. Remember this is a zero-premined and very stable coin.
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★ BitClave ICO: 08/11/17 ★


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February 27, 2014, 07:16:18 AM
 #518

I have filled up the form to get ZEUS coin listed on the CryptoCurrencyMarket CAP.... not sure if it was done previously, but one more request would not hurt any way Smiley


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VarDiff
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March 01, 2014, 01:35:52 AM
 #519



Zeuscoin added to altcoins database
Good luck, miners

nrhs05
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March 01, 2014, 02:02:34 AM
 #520



Zeuscoin added to altcoins database
Good luck, miners

Looks good, hopefully we can get another pool to add to that soon! Tongue
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