[DeM] Deutsche eMark - DEM - cryptocoin SHA256 POS/POW

[ocminer]

I'm in!
NfQQ79b2VPbTDAWn5BiQpoct9C2kAy3Q5T

I'm trying to mine using a ATi Raderon 5830 but i'm getting no shares.
I tried the first two pool on the first page and my command line is:

Code:

\bfgminer.exe -S opencl:auto -o stratum+tcp://dem.miners-point.com:3338 -u user.worker -p pass -I 15

Did you get any error ? Is bfgminer showing accepted Shares ? Maybe try https://dem.suprnova.cc , I can then have a look if I see something on my end

I don't get any shares, no rejected no accepted.

Then either the difficulty of the pool is too high or you have a problem with your config

[Bzzzum]

Hey,

happy new year to everyone! I'm back and want to say thank you for all of your support here.
I had also updated the first post with every new pool, which were addressed here.

[Bzzzum]

Hi everyone , I hope you all will have a great new year ! It seems to me that number of DEMs are increasing too fast , anybody would like to comment on that ? Thanks

The increase is constant as designed. 50 DEM every two minutes.

Exactly.

50 DEM per 2 minutes.
1 500 DEM per hour.
36 000 DEM per day.
1 080 000 per month.

Thats abselutely correct - the DeM was designed according to 1/1000 of BTC value.
At actual rate of BTC 700 USD or 550 EUR this should be 0,70 USD/1 DeM or 0,55 EUR/1 DeM.
So the eMark is quite undervalued actually - you can check it here: eMark Price

[x3maniac]

can you also add me to arson of pools?

dem.dsync.net

Server Features

    Pool fee only 1.5% with PPLNS reward system
    Automatic Payouts - Receive payouts automatically when they hit your threshold.
    Extremely stable and no downtime
    First ever Eloipool for an Altcoin - Fast connections, low stale rate,
    Variable Difficulty - DSync Eloipool adjusts your share difficulty based on your speed, reducing the chatter between your mining software and the pool.
    Idle Notification - Get an email if your miners stop working.  Configurations available to different time frames before workers are considered idle.
    Full precision payouts - Get all 8 decimals of your balance transferred when you request a manual payout.
    On-demand payouts - Request your balance be paid to your wallet at any time by clicking the Request Payout button on the My Account page (minimum 1.0).

-x3

[Green Samurai]

Thats abselutely correct - the DeM was designed according to 1/1000 of BTC value.
At actual rate of BTC 700 USD or 550 EUR this should be 0,70 USD/1 DeM or 0,55 EUR/1 DeM.
So the eMark is quite undervalued actually - you can check it here: eMark Price

Hello Bzzzum,

I think Your calculation would be correct only when all coins would be mined, let's see:

All bitcoin coins: 21 000 000.

All DEM coins max 20 000 0000 000 until year 2051. It's max forecast, but coins would be a lot, lot less, let see:

1 080 000 DEM/month x 12 =~12 960 000 DEM/year.

~37 years x 12 960 000 DEM = 479 520 000 DEM. OF course it without 3.8% stake / annually.

I think only about 20% of coins would have 3.8% stake year by year. 80% or more would be in rotation -> wallet -> exchange etc.

So coins would be a lot of less, i need more calculation to know exactly how much it would be if only 20% of tchem get annual interest rate.


For now the price should be depend of profitability calculated by BTC rate/ DEM Hashrate and difficulty. FOr lazy guys it's calculated now for example on coinwarz.com.

For acctual DEM NET difficulty price od 0.0004 is good for DEM.

To be simple: if DEM Neet difficulty reach 9-10 000 000 the price should be arround ~ 0.004.

[pgbit]

Thats abselutely correct - the DeM was designed according to 1/1000 of BTC value.
At actual rate of BTC 700 USD or 550 EUR this should be 0,70 USD/1 DeM or 0,55 EUR/1 DeM.
So the eMark is quite undervalued actually - you can check it here: eMark Price

Hello Bzzzum,

I think Your calculation would be correct only when all coins would be mined, let's see:

All bitcoin coins: 21 000 000.

All DEM coins max 20 000 0000 000 until year 2051. It's max forecast, but coins would be a lot, lot less, let see:

1 080 000 DEM/month x 12 =~12 960 000 DEM/year.

~37 years x 12 960 000 DEM = 479 520 000 DEM. OF course it without 3.8% stake / annually.

I think only about 20% of coins would have 3.8% stake year by year. 80% or more would be in rotation -> wallet -> exchange etc.

So coins would be a lot of less, i need more calculation to know exactly how much it would be if only 20% of tchem get annual interest rate.


For now the price should be depend of profitability calculated by BTC rate/ DEM Hashrate and difficulty. FOr lazy guys it's calculated now for example on coinwarz.com.

For acctual DEM NET difficulty price od 0.0004 is good for DEM.

To be simple: if DEM Neet difficulty reach 9-10 000 000 the price should be arround ~ 0.004.

For now at least, I can't get the POS to work with an encrypted wallet, although I can fine with encrypted PPC and CGB wallets. So if there is no POS, this might affect the calculations just a little. If anyone knows how to fix this, please post here!

[ocminer]

I've added load balancing to the Pool https://dem.suprnova.cc since some ASICs are jumping in and out few times a week.

[Marty19]

iSpace eMarks Mining Pool still finding regular blocks at http://dem.ispace.co.uk so why not join us?

We also offer a range of alternative ASIC friendly SHA256 stratum mining pools with VarDiff and a low 1% fee at http://ispace.co.uk .

[Edward50]

Hello,

I liked this coin and bought 7000 of them at .00012 bitcoin.

I recently sold all of them at .00042 bitcoins.

Why did I sell them? I was reading the the English section of the forum when someone wrote that 250,000 Emarks are created weekly.

I calculated the math and he is correct. This growth rate is so high and unsustainable. That is why I sold my Emarks immediately.

The reason why the Emark went up in value is because people like me did not realize it was recently created in October and thought it was coin with a slow growth rate as it only had 250,000 coins.  

This coin will surely go back down to .0001 bitcoins  and even lower with its high growth rate of coins. In just a few months the number of Emarks will double from 3 million to 6 million.

There are many new alt-coins coming out every day. Any alt-coin with too many coins will surely fail in this market.

The E-mark should have been kept around a million coins. That is what the market can handle for alt-coins. Anything higher than too many people have coins and it will eventual fail. Max Emarks are 20 Billion.

I recommend you sell now and take profit before it is too late! If I would have known this I would have sold all at .0008. You will see the coin slowly drop from this point on steadily as the number of coins grows.

[Pmalek]

Is that statement true?

[erk]

Hello,

I liked this coin and bought 7000 of them at .00012 bitcoin.

I recently sold all of them at .00042 bitcoins.

Why did I sell them? I was reading the the English section of the forum when someone wrote that 250,000 Emarks are created weekly.

I calculated the math and he is correct. This growth rate is so high and unsustainable. That is why I sold my Emarks immediately.

The reason why the Emark went up in value is because people like me did not realize it was recently created in October and thought it was coin with a slow growth rate as it only had 250,000 coins.  

This coin will surely go back down to .0001 bitcoins  and even lower with its high growth rate of coins. In just a few months the number of Emarks will double from 3 million to 6 million.

There are many new alt-coins coming out every day. Any alt-coin with too many coins will surely fail in this market.

The E-mark should have been kept around a million coins. That is what the market can handle for alt-coins. Anything higher than too many people have coins and it will eventual fail. Max Emarks are 20 Billion.

I recommend you sell now and take profit before it is too late! If I would have known this I would have sold all at .0008. You will see the coin slowly drop from this point on steadily as the number of coins grows.

This conclusion is nonsense. The main thing driving the DEM price down are noob ASIC miners selling cheap, not the tiny percentage increase of coins circulating each week. Look at the price movements, they are far greater than the percentage increase in coins circulating, your hypothesis is flawed.

Have you looked at what other alt coin prices have been doing the past few days? eg. LTC/BTC has plummeted because BTC/USD has been rising, so people sell their alts to put money into catching the BTC rise. When that levels off they put money back into alts.


There are many coins that are created in greater volume daily than DEM is in a week. The price is influenced by trade demand, whichis usually inversely proportional to BTC/USD demand,  and the energy cost of mining it. The market cap for DEM shows it about 38th. considering the mining difficulty, I would say it's pretty undervalued atm.

[mitoshe]

Hello,

I liked this coin and bought 7000 of them at .00012 bitcoin.

I recently sold all of them at .00042 bitcoins.

Why did I sell them? I was reading the the English section of the forum when someone wrote that 250,000 Emarks are created weekly.

I calculated the math and he is correct. This growth rate is so high and unsustainable. That is why I sold my Emarks immediately.

The reason why the Emark went up in value is because people like me did not realize it was recently created in October and thought it was coin with a slow growth rate as it only had 250,000 coins.  

This coin will surely go back down to .0001 bitcoins  and even lower with its high growth rate of coins. In just a few months the number of Emarks will double from 3 million to 6 million.

There are many new alt-coins coming out every day. Any alt-coin with too many coins will surely fail in this market.

The E-mark should have been kept around a million coins. That is what the market can handle for alt-coins. Anything higher than too many people have coins and it will eventual fail. Max Emarks are 20 Billion.

I recommend you sell now and take profit before it is too late! If I would have known this I would have sold all at .0008. You will see the coin slowly drop from this point on steadily as the number of coins grows.

This conclusion is nonsense. The main thing driving the DEM price down are noob ASIC miners selling cheap, not the tiny percentage increase of coins circulating each week. Look at the price movements, they are far greater than the percentage increase in coins circulating, your hypothesis is flawed.

Have you looked at what other alt coin prices have been doing the past few days? eg. LTC/BTC has plummeted because BTC/USD has been rising, so people sell their alts to put money into catching the BTC rise. When that levels off they put money back into alts.


There are many coins that are created in greater volume daily than DEM is in a week. The price is influenced by trade demand, whichis usually inversely proportional to BTC/USD demand,  and the energy cost of mining it. The market cap for DEM shows it about 38th. considering the mining difficulty, I would say it's pretty undervalued atm.

What would you recommend , mine or buy DEMs ? Can you comment on that ? Thanks

[Artifex]

What would you recommend , mine or buy DEMs ? Can you comment on that ? Thanks

mine and buy    (I think, 1dem= 1$ in june or july 2014).

[ocminer]

We're currently getting far more than 10 Blocks / day, have still plenty of free resources,  so if you're still looking for a pool:




https://dem.suprnova.cc
 

[Green Samurai]

Hello,

I liked this coin and bought 7000 of them at .00012 bitcoin.

I recently sold all of them at .00042 bitcoins.

Why did I sell them? I was reading the the English section of the forum when someone wrote that 250,000 Emarks are created weekly.

I calculated the math and he is correct. This growth rate is so high and unsustainable. That is why I sold my Emarks immediately.

The reason why the Emark went up in value is because people like me did not realize it was recently created in October and thought it was coin with a slow growth rate as it only had 250,000 coins.  

This coin will surely go back down to .0001 bitcoins  and even lower with its high growth rate of coins. In just a few months the number of Emarks will double from 3 million to 6 million.

There are many new alt-coins coming out every day. Any alt-coin with too many coins will surely fail in this market.

The E-mark should have been kept around a million coins. That is what the market can handle for alt-coins. Anything higher than too many people have coins and it will eventual fail. Max Emarks are 20 Billion.

I recommend you sell now and take profit before it is too late! If I would have known this I would have sold all at .0008. You will see the coin slowly drop from this point on steadily as the number of coins grows.

Everybody who sell say like that

If You sell and get profit - good for You.

If You think DEM would fall, good for You you sell it, but please don't get back

I will gladly buy more DEM for today price. Thanks!

[Artifex]

+1, it's a good price now 

[..Andrew..]

+1, it's a good price now

While this  report hangs in the internet, a course will fall stably.This provocation is aimed at creation of panic among the proprietors of coin and bringing down of course.A course will begin raise as soon as this report will be deleted from the internet.A moderator or author must delete this report.If not to do moving away, bringing down of course is inevitable.

[Artifex]

It's no report, but private opinion of one trader. Delete it is a wrong way, so we need more hashing power for proof of our innocence 
Yes, emark number will double next few month, but if hashing power tenfold, we'll see five times less emarks in market  and proportional to the price   


 

[ocminer]

What I, as a pool operator of https://dem.suprnova.cc see is a stready rise of hashing power since the start, so I'd also say, everything is good, interest is growing, more people are mining

[Artifex]

so we just need to be patient.
I think the rate has fallen due to the outflow of the BTC in dogcoin, catcoin etc. new coin, not because of one post on the forum.