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Author Topic: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread  (Read 571072 times)
BrannigansLaw
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February 22, 2016, 01:13:39 PM
 #4641

Woh what is happening to GRC price?
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Quezacoatl
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February 22, 2016, 04:34:19 PM
 #4642

Woh what is happening to GRC price?

I assume first there were people who wanted to jump up on the Bitcoin bump in the end of last year. So they sold GRC. Then other people started panic selling because ... I dont know because they were panicking?
Well, nothing changed technically, Gridcoins development still goes on as you can see and it works fine. We have great things ahead.
Probably its a good time to buy in... well, I did Smiley

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February 22, 2016, 09:58:05 PM
 #4643

Have no doubt GRC will go big.  But: Embarrassed Constant low volumes on exchanges combined with a downtrend  makes me think there are some big holders just sitting on coin maybe going nervous and might dump. Will happily jump in when those 2 things look resolved. 
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February 23, 2016, 07:05:21 PM
 #4644

Have no doubt GRC will go big.  But: Embarrassed Constant low volumes on exchanges combined with a downtrend  makes me think there are some big holders just sitting on coin maybe going nervous and might dump. Will happily jump in when those 2 things look resolved. 

Both things will be resolved. In case it does not happen by itself due to people jumping onto the GRC train from both investor and researcher side, it will when Gridcoin Finance and our hedge fund kick off -> https://cryptocointalk.com/topic/11357-gridcoin-finance-project/

BTW I guess the coin is spread more than one would think. Remember, Gridcoin exists for more than 2 years now and we had phases of more than 100 BTC of volume/day.
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February 24, 2016, 12:22:39 PM
 #4645

Have no doubt GRC will go big.  But: Embarrassed Constant low volumes on exchanges combined with a downtrend  makes me think there are some big holders just sitting on coin maybe going nervous and might dump. Will happily jump in when those 2 things look resolved. 

Both things will be resolved. In case it does not happen by itself due to people jumping onto the GRC train from both investor and researcher side, it will when Gridcoin Finance and our hedge fund kick off -> https://cryptocointalk.com/topic/11357-gridcoin-finance-project/

BTW I guess the coin is spread more than one would think. Remember, Gridcoin exists for more than 2 years now and we had phases of more than 100 BTC of volume/day.

Yea. I noticed that. Any ETA?
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February 24, 2016, 05:12:42 PM
 #4646

Have no doubt GRC will go big.  But: Embarrassed Constant low volumes on exchanges combined with a downtrend  makes me think there are some big holders just sitting on coin maybe going nervous and might dump. Will happily jump in when those 2 things look resolved.  

Both things will be resolved. In case it does not happen by itself due to people jumping onto the GRC train from both investor and researcher side, it will when Gridcoin Finance and our hedge fund kick off -> https://cryptocointalk.com/topic/11357-gridcoin-finance-project/

BTW I guess the coin is spread more than one would think. Remember, Gridcoin exists for more than 2 years now and we had phases of more than 100 BTC of volume/day.

Yea. I noticed that. Any ETA?

I (as in only me) do not have an ETA assumption. As you can read from my latest post in the thread, I am also looking for a kind of roadmap for this process (https://cryptocointalk.com/topic/11357-gridcoin-finance-project/?p=208957).
I think the only bigger thing keeping us from going live with the hedge fund is legal stuff, but as you can read from the thread on CCT, we are making huge steps in that regard. My guess would be its more like a few months than a year until the first iteration of Gridcoin Quant goes live.
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February 24, 2016, 10:14:33 PM
 #4647

My understanding is that Rob is now getting ready for his Series 65 exam, which will allow him to act as investment adviser. I am not sure though about how long the whole legal process to setup the hedge fund will take. Regardless, should be interesting to watch what happens.
 

Have no doubt GRC will go big.  But: Embarrassed Constant low volumes on exchanges combined with a downtrend  makes me think there are some big holders just sitting on coin maybe going nervous and might dump. Will happily jump in when those 2 things look resolved. 

Both things will be resolved. In case it does not happen by itself due to people jumping onto the GRC train from both investor and researcher side, it will when Gridcoin Finance and our hedge fund kick off -> https://cryptocointalk.com/topic/11357-gridcoin-finance-project/

BTW I guess the coin is spread more than one would think. Remember, Gridcoin exists for more than 2 years now and we had phases of more than 100 BTC of volume/day.

Yea. I noticed that. Any ETA?

I (as in only me) do not have an ETA assumption. As you can read from my latest post in the thread, I am also looking for a kind of roadmap for this process (https://cryptocointalk.com/topic/11357-gridcoin-finance-project/?p=208957).
I think the only bigger thing keeping us from going live with the hedge fund is legal stuff, but as you can read from the thread on CCT, we are making huge steps in that regard. My guess would be its more like a few months than a year until the first iteration of Gridcoin Quant goes live.
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February 28, 2016, 07:29:00 PM
 #4648

I really like the concept of this coin.  Are there any other similar projects?  CureCoin seems like one.

Are there any catalysts on the horizon for a big price rise?
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February 29, 2016, 04:50:50 PM
 #4649

There is a vote about theoretical dev time. You can vote for Gridcoin
https://bitcointalk.org/index.php?topic=1377121.0
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February 29, 2016, 05:14:15 PM
 #4650

I really like the concept of this coin.  Are there any other similar projects?  CureCoin seems like one.

Are there any catalysts on the horizon for a big price rise?

Other coins: Yes there are similar Projects. CureCoin works with Folding at Home I think (folding proteins). Then there is Primecoin, letting you calculate prime numbers. Well, that is both something Gridcoin does also support with Rosetta@Home and PrimeGrid for example. And very much more.

Catalysts: Well, Gridcoin Quant (the hedge fund) is on the "schedule" for the next months as well as another mandatory in March if I remember that correctly (content will be binary superblocks and more DAOs support I think).
PiGrid is still developing and about to reach a first version that will be distributed among the kickstarter backers.

Personally, I am very excited about all those milestones.

In general, Gridcoin is very undervalued. Its the Proof of Research coin that makes a) POW just look stupid (wasteful) and b) POS look like a natural Matthew Effect scheme.
I cant understand why GRC is not amongst the top 10 or even the top 5 coins.

Quez
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February 29, 2016, 05:57:29 PM
 #4651

I think because lots people can't setup the wallet and can't wrap their head around how GRC actually works. Lots of complicated concepts, config file editing in obscure windows directories, we still haven't mobile wallet, which is a big deal. Most people these day's don't even use pcs, they just use their iPhones and iPads. We are still growing at a steady rate, but we could do much much better me thinks.


I really like the concept of this coin.  Are there any other similar projects?  CureCoin seems like one.

Are there any catalysts on the horizon for a big price rise?

Other coins: Yes there are similar Projects. CureCoin works with Folding at Home I think (folding proteins). Then there is Primecoin, letting you calculate prime numbers. Well, that is both something Gridcoin does also support with Rosetta@Home and PrimeGrid for example. And very much more.

Catalysts: Well, Gridcoin Quant (the hedge fund) is on the "schedule" for the next months as well as another mandatory in March if I remember that correctly (content will be binary superblocks and more DAOs support I think).
PiGrid is still developing and about to reach a first version that will be distributed among the kickstarter backers.

Personally, I am very excited about all those milestones.

In general, Gridcoin is very undervalued. Its the Proof of Research coin that makes a) POW just look stupid (wasteful) and b) POS look like a natural Matthew Effect scheme.
I cant understand why GRC is not amongst the top 10 or even the top 5 coins.

Quez
Quezacoatl
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February 29, 2016, 07:40:32 PM
 #4652

I think because lots people can't setup the wallet and can't wrap their head around how GRC actually works. Lots of complicated concepts, config file editing in obscure windows directories, we still haven't mobile wallet, which is a big deal. Most people these day's don't even use pcs, they just use their iPhones and iPads. We are still growing at a steady rate, but we could do much much better me thinks.

You are right, but I have a good feeling about additional dev power. One way or the other, we will get support for mobile devices and all-in-one solutions that grandma will be able to use Smiley
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February 29, 2016, 08:14:16 PM
 #4653

I think because lots people can't setup the wallet and can't wrap their head around how GRC actually works. Lots of complicated concepts, config file editing in obscure windows directories, we still haven't mobile wallet, which is a big deal. Most people these day's don't even use pcs, they just use their iPhones and iPads. We are still growing at a steady rate, but we could do much much better me thinks.

You are right, but I have a good feeling about additional dev power. One way or the other, we will get support for mobile devices and all-in-one solutions that grandma will be able to use Smiley

In regards to setting everything up: Luckily we have the pool now on pool.gridcoin.co, which makes setting everything up much easier.

If you are a newcomer to Gridcoin I suggest giving it a try.

It also shows you exactly why you earn how much and how much you earned exactly with each individual project.
Quezacoatl
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March 07, 2016, 06:39:13 PM
 #4654

We have a nice advertisement banner running on boincstats.com again.
Last time we advertised for a month we jumped from 500 to ~1400 active researchers. I am looking forward to see the number rising so fast again Smiley
traderman
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March 07, 2016, 06:52:02 PM
 #4655

Awesome, I can see the banner on top of Boincstats

We have a nice advertisement banner running on boincstats.com again.
Last time we advertised for a month we jumped from 500 to ~1400 active researchers. I am looking forward to see the number rising so fast again Smiley
Yonezawa
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March 11, 2016, 06:46:15 PM
 #4656

Gridcoin dessapear?
I try to research on BOINC, but i can't.
I stopped for 3 months, but when come back, don't exist any project.. :/
I have 4,8k gridcoins, another point is this coin falls..

Sorry my bad english..
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March 13, 2016, 11:27:50 PM
 #4657

Gridcoin dessapear?
I try to research on BOINC, but i can't.
I stopped for 3 months, but when come back, don't exist any project.. :/
I have 4,8k gridcoins, another point is this coin falls..

Sorry my bad english..


No, it is very alive.
1300+ solo researchers (http://www.gridresearchcorp.com/gridcoin/?result&t=CPID_Leaderboard) and an additional 100 on the pool (http://pool.gridcoin.co/)

BOINC is also still running, it has been around since much longer than Gridcoin actually.

What is the problem with BOINC, do you not get any Work Units?
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March 19, 2016, 09:49:41 PM
 #4658

Hello everyone!

Here comes a probably stupid question:

Does the wallet needs to run on the same machine as boinc does?

Boinc runs on a win8.1 system and i would like to run the wallet on a separate ubuntu machine.

Any problems to expect?

Thanks and regards,
djoser.

Why mine when you can research? - GRIDCOIN - REAL crypto without wasting hashes! www.gridcoin.us
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March 19, 2016, 11:27:34 PM
 #4659

Hello everyone!

Here comes a probably stupid question:

Does the wallet needs to run on the same machine as boinc does?

Boinc runs on a win8.1 system and i would like to run the wallet on a separate ubuntu machine.

Any problems to expect?

Thanks and regards,
djoser.

yes. just add the same project you are crunching to boinc on your ubuntu maschine where your wallet is runing and click no new tasks for that project.

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March 20, 2016, 06:37:23 AM
 #4660

Pump & Dump in progress..

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