Gridcoin (GRC) - first coin utilizing BOINC - Official Thread

[asdlolciterquit]

There will be a scrypt an x11 multipool for Gridcoin very soon, so price will start to rise.

reputables.
Prompt, which explains why such a price drop?
agree introduced CPU blocks that uvelichelis number of payments, but it is a price drop in 2 times instead of 4-3,5!!!

yeah! need to know this too!

hope you will be right!

i remenber when the price was 0.001btc/grc.

and the saddest thing, is the 24volume

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[anonerd]

There will be a scrypt an x11 multipool for Gridcoin very soon, so price will start to rise.

reputables.
Prompt, which explains why such a price drop?
agree introduced CPU blocks that uvelichelis number of payments, but it is a price drop in 2 times instead of 4-3,5!!!

yeah! need to know this too!

hope you will be right!

i remenber when the price was 0.001btc/grc.

and the saddest thing, is the 24volume

when cpu-mining came on-board, the max coin amount simply doubled.
supporters tried to hold the value up, but it has to sustain itself to go forward.
awaiting the new buy-side multi-pool

[traderman]

The multipool should have been up a long time ago, but there is so much to do on Gridcoin that we didn't really focus on the idea till recently.

There will be a scrypt an x11 multipool for Gridcoin very soon, so price will start to rise.

reputables.
Prompt, which explains why such a price drop?
agree introduced CPU blocks that uvelichelis number of payments, but it is a price drop in 2 times instead of 4-3,5!!!

yeah! need to know this too!

hope you will be right!

i remenber when the price was 0.001btc/grc.

and the saddest thing, is the 24volume

when cpu-mining came on-board, the max coin amount simply doubled.
supporters tried to hold the value up, but it has to sustain itself to go forward.
awaiting the new buy-side multi-pool

[andrewp]

There will be a scrypt an x11 multipool for Gridcoin very soon, so price will start to rise.

reputables.
Prompt, which explains why such a price drop?
agree introduced CPU blocks that uvelichelis number of payments, but it is a price drop in 2 times instead of 4-3,5!!!

yeah! need to know this too!

hope you will be right!

i remenber when the price was 0.001btc/grc.

and the saddest thing, is the 24volume

when cpu-mining came on-board, the max coin amount simply doubled.
supporters tried to hold the value up, but it has to sustain itself to go forward.
awaiting the new buy-side multi-pool

Hi Anonerd,

you don't have your facts right.

Since the new CPU mining has gone live, the estimated total coin count went back to the original of ~168 million, because the total of 576 blocks per day are now split between GPU&CPU miners.

Andrew.

[BillTech]

Hey guys I cant log into pool anylonger fairly new account

[andrewp]

Hey guys I cant log into pool anylonger fairly new account

Hi Bill,

pool is up and running...I can log in and everything.

A.

[asdlolciterquit]

There will be a scrypt an x11 multipool for Gridcoin very soon, so price will start to rise.

reputables.
Prompt, which explains why such a price drop?
agree introduced CPU blocks that uvelichelis number of payments, but it is a price drop in 2 times instead of 4-3,5!!!

yeah! need to know this too!

hope you will be right!

i remenber when the price was 0.001btc/grc.

and the saddest thing, is the 24volume

when cpu-mining came on-board, the max coin amount simply doubled.
supporters tried to hold the value up, but it has to sustain itself to go forward.
awaiting the new buy-side multi-pool

i'm still mining and i'm still holding.

we'll see!

[BillTech]

got it

[kenboy]

is the coin dead?

[andrewp]

is the coin dead?

Far from it!

A.

[anonerd]

is the coin dead?

official forums: https://cryptocointalk.com/forum/464-gridcoin-grc/

[asdlolciterquit]

is the coin dead?

that's ridicolous

[traderman]

I think we are doing ok

[asdlolciterquit]

I know!

that's why i don't understand the price is so low!

[Vagnavs]

We need people voting at mintpal. Please vote at https://www.mintpal.com/voting
That should help make more people aware of gridcoin and further price appreciation.

[traderman]

To be honest after the Mintpal decided to keeps everyone's money who voted and closing the votes I am not sure I want GRC on that exchange. I would much rater get GRC on cryptsy. They have US fiat deposits now.

We need people voting at mintpal. Please vote at https://www.mintpal.com/voting
That should help make more people aware of gridcoin and further price appreciation.

[RTMoney]

I know!

that's why i don't understand the price is so low!

There are several things that are easy to point to that explain the current price action.  Gridcoin had good price appreciation and support for over a month, then there were a few hiccups during the upgrade and some investors got nervous, then polo closed the GRC/BTC market for a week and a half.  Before the market closed there were 25 btc in buy orders in the book, when it re-opened there were less than 2 btc.  At the same time we had a miner (I know it was a miner(s) because I traced the sell orders back to the blockchain transactions and the GRC came from recently mined blocks) or two who were regularly "dumping" 20,000-50,000 on the orderbook.  There was even a dump of almost 150,000 that broke support around 2000 sat.  The dumping seems to have slowed and buy support is returning.  In addition, Rob continues to work hard at making the wallet stable and we have more miners added to the gridcoin BOINC team every day. 

Gridcoin has had some growing pains but in my opinion that makes it a great buy at this level.  Distributed networks that can capture underutilized resources and compensate the resource holder for the use of that resource will be the next leap in computing technology and that is what Gridcoin does.

What it comes down to is that the only people excited about Gridcoin are the ones mining it.  We need to continue to grow the network and spread the word.  We need people to truly understand the concept of being compensated for contributing to a distributed compute network.  If you want to help spread the word we are organizing a tweet storm here: https://cryptocointalk.com/topic/13188-twitter-storm-guerrilla-marketing-campaign/

[Vagnavs]

To be honest after the Mintpal decided to keeps everyone's money who voted and closing the votes I am not sure I want GRC on that exchange. I would much rater get GRC on cryptsy. They have US fiat deposits now.

We need people voting at mintpal. Please vote at https://www.mintpal.com/voting
That should help make more people aware of gridcoin and further price appreciation.

There closed in the voting September 1. So we have time IMO

[asdlolciterquit]

I know!

that's why i don't understand the price is so low!

There are several things that are easy to point to that explain the current price action.  Gridcoin had good price appreciation and support for over a month, then there were a few hiccups during the upgrade and some investors got nervous, then polo closed the GRC/BTC market for a week and a half.  Before the market closed there were 25 btc in buy orders in the book, when it re-opened there were less than 2 btc.  At the same time we had a miner (I know it was a miner(s) because I traced the sell orders back to the blockchain transactions and the GRC came from recently mined blocks) or two who were regularly "dumping" 20,000-50,000 on the orderbook.  There was even a dump of almost 150,000 that broke support around 2000 sat.  The dumping seems to have slowed and buy support is returning.  In addition, Rob continues to work hard at making the wallet stable and we have more miners added to the gridcoin BOINC team every day. 

Gridcoin has had some growing pains but in my opinion that makes it a great buy at this level.  Distributed networks that can capture underutilized resources and compensate the resource holder for the use of that resource will be the next leap in computing technology and that is what Gridcoin does.

What it comes down to is that the only people excited about Gridcoin are the ones mining it.  We need to continue to grow the network and spread the word.  We need people to truly understand the concept of being compensated for contributing to a distributed compute network.  If you want to help spread the word we are organizing a tweet storm here: https://cryptocointalk.com/topic/13188-twitter-storm-guerrilla-marketing-campaign/

off course i want to spread the world! count me in!

i'm going to post in that thread!

[andrewp]

Hi all,

don't forget that there's a nice competition for voting at Mintpal!

https://cryptocointalk.com/topic/12449-listing-at-mintpal/

A.