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

[trumpman]

Btw why is nobody mentioning that we are close to solve the team requirement issue? This are some really big news or am I wrong?

It is! Also, Team Gridcoin hits #2 on BOINCstats: https://steemit.com/gridcoin/@scalextrix/team-gridcoin-hits-2-on-boincstats

[erkan]

Gridcoin poll: Developer Reimbursement 6 Month Package (vote until July 29)

* "this will cover expense requests between August 1 2017 and Jan 31 2018"

https://steemit.com/gridcoin/@erkan/gridcoin-poll-developer-reimbursement-6-month-package-vote-until-july-29

[erkan]

What if... someone DDOS'd the whitelisted BOINC servers for a while?

https://steemit.com/gridcoin/@erkan/what-if-someone-ddos-d-the-whitelisted-boinc-servers-for-a-while #Gridcoin

[erkan]

Greetings from our superblock: "Magnitude too low for POR reward."

* Only 20% of the whitelisted projects  are in this superblock now, thus lots of users will experience the "magnitude zero" problem

https://steemit.com/gridcoin/@erkan/greetings-from-our-superblock-magnitude-too-low-for-por-reward

[kkjack789]

The project cost me a lot of money. Every time I buy at high points, sell low, and get stuck every time

[trumpman]

The project cost me a lot of money. Every time I buy at high points, sell low, and get stuck every time

Too bad, seems daily trade is not for you. My guess is you that you don't even know what Gridcoin is. You probably saw it in the top-earners of coinmarket and decided to buy.

My suggestion, start practising the HODL strategy. Gridcoin has a super strong community that grows everyday. Selling it low is stupid in the long term.

[erkan]

outreach: giving Wikimedia users Gridcoins for their activity?


We could add also Wikipedia statistics into Gridcoin so the editors there can get GRC for their activities.


* me: and there are so many Wikipedia language editions

* me: and then there is also many sister projects like: Wikisource, ....

* me: lots of people (e.g. English Wikipedia has 116k editors who were active in last 30 days)


https://steemit.com/gridcoin/@erkan/outreach-giving-wikimedia-users-gridcoins-for-their-activity

[Ayatollah Blunt McSpork]

in 18h: 24 comments on reddit + 14 on steemit

* https://www.reddit.com/r/gridcoin/comments/6lspy8/the_top50_grc_addresses_own_48_of_all_gridcoins/

What I want to highlight from below is this:

    me: "The top50 GRC addresses own 48.76% of all Gridcoins" (total coins = 392.5 million GRC)

    me: the top50 are surely not 50 individuals but a few people only

    me: that's what I'd do when I'd be smart

    me: having more than 1 address is not only advised due to avoiding people pointing fingers at you, also backup/security wise


The other things discussed below may be true or not, but the above fact doesn't change.

    https://steemit.com/gridcoin/@erkan/the-top50-grc-addresses-own-48-of-all-gridcoins


Visit us also in IRC!

Worth pointing out

1) Most coins, including GRC, are mostly held on exchanges that have at least one large cold wallet and one large hot wallet.

2) GRC is traded on Poloniex, Bittrex, CCEx etc so at least each of those exchanges would have cold and hot wallets which would obviously be a lot of the total coins.

3) GRC is different from most coins, and similar to other math and science coins, in that its use is in actual users, not in being held on exchanges. People who anticipate the direction altcoins are likely to go in when public adoption increases are betting on GRC, even though not a lot of the public actually uses altcoins yet.

Because of the underlying network, boinc etc, this is probably a strong coin for the future but it does not have the glitz of heavily marketed coins like ethereum where the focus is strictly on short term profit.  

[ophyrim]

I am one of the new investors of this brilliant coin. I am not fully master but i am learning GRC. I think this coin has very big expectations and the potential for the future. One of the reasons that i chose this coin is the big fall from 4650 until now. I am long term investor for this coin and i think the price is very very cheap. The total market cap is also very low which means this coin is going to be very profitable.

[skyline_king]

Can i get a slack invite

[tigertigertiger]

what happened on bittrex and partly on polo, a pump or somebody big wants to join the gridcoin party?

[trumpman]

Let's hit the chinese market:

Since gridcoin 格雷德币 has a Chinese version wallet now（translated by me），we should contact Chinese exchanges 中国交易所 to add gridcoin！That will promote the price for sure！
For most exchanges，using English in your email is OK. Most of the employees are well-educated， they can read and write English well.
I will make a list，but I think the contacting work is better done by the dev and marketing team，because they know more technique details than me.
List of main Chinese exchanges：
1: www.btc38.com 比特时代 It's one of the oldest altcoin exchanges in China. Email：contact@mail.btc38.com
2: www.bter.com 比特儿 It's another classical exchange，with less volume. Service Email: support@mail.bter.com Master Email: admin@mail.bter.com
3: yunbi.com 云币网 A relatively new exchange with more ICO coins. The boss is Xiaolai Li李笑来，the richest bitcoin owner in China. Haven't found the Email，you can directly contact the twitter：https://mobile.twitter.com/yunbicom
4: https://dax.btcc.com BTCC DAX The altcoin branch of the oldest bitcoin exchange in China. Now trading only ETC-BTC pair. Will add more coins hopefully. Email：support@btcc.com You can send the message directly at https://www.btcc.com/contact
5: www.binance.com 币安 A new coin-to-coin exchange opened by Changpeng Zhao赵长鹏，the former CTO of okcoin.com Will begin trading at 2017.7.15. Twitter：https://mobile.twitter.com/binance_2017

Reposted from https://www.reddit.com/r/gridcoin/comments/6mgmqn/chinese_marketing_中国市场/  <- Please upvote if you have a reddit account
https://steemit.com/gridcoin/@trumpman/let-s-hit-the-chinese-markets <- Same here

[Ayatollah Blunt McSpork]

"Promoting the price" vs "promoting awareness" vs "adding value" are different things.

Promoting price, by itself = pump, not good

Promoting awareness is the most important thing for a coin like Gridcoin that actually does produce a valuable commodity when it is mined, something only a few other coins do.

Adding value is the best way to 'promote price'. This coin already has objective value, in that it produces something of great value as a result of its use.

Maybe looking for ways to increase its utility as a currency, and also simpler ways to encourage mining GRC for utterly new people. It would be cool to have a wallet anybody could download, onto any machine from a tablet to a supercomputer, that would automatically connect to some pool or whatever and mine without the user having to configure etc. Download wallet. Install. Click. Simple. Even if you only make $0.02 per day it would be a new step in facilitating beginners.

[erkan]

Why has #Gridcoin such a low price?

Someone or something is responsible for all coins' price drops. Was it Erkan ? https://steemit.com/gridcoin/@erkan/someone-or-something-is-responsible-for-all-coins-price-drops-could-it-be-erkan

[erkan]

Do you have someone in mind?


https://cryptocurrencytalk.com/topic/1331-new-coin-launch-announcement-grc-gridcoin/?do=findComment&comment=396461

[Ayatollah Blunt McSpork]

Why has #Gridcoin such a low price?

Someone or something is responsible for all coins' price drops. Was it Erkan ? https://steemit.com/gridcoin/@erkan/someone-or-something-is-responsible-for-all-coins-price-drops-could-it-be-erkan

July 2015 market cap $316,206 https://coinmarketcap.com/historical/20150712/

July 2016 market cap $2,450,195 https://coinmarketcap.com/historical/20160717/

July 2017 market cap $10,189,661 https://coinmarketcap.com/currencies/gridcoin/

It did hit $41,000,000 last month but it also peaked at $20,000,000 in May before dropping back to $10,000,000 then jumping to $40,000,000.

So the answer to your question is yes, it might be your fault. Can you make it go higher now?

[erkan]

I: Several whitelist polls were added:


removal?

    July 19: Should we remove Leiden Classical from the whitelist due to not accepting new registrations?

    July 26: remove Sztaki Desktop Grid?


add new whitelist projects (vote until July 26)?

    add Sourcefinder?

    add Xansons for COD?

    re-add Enigma@home?


II: July 25:

    Impact to GRC price if team requirement is lifted?


III: In total we have currently 8 polls you can participate in July 2017


https://cryptocurrencytalk.com/topic/1331-new-coin-launch-announcement-grc-gridcoin/?page=1274#comment-396531

[erkan]

no $GRC rain yet for the Pentathlon challenge in May

* https://cryptocurrencytalk.com/topic/1331-new-coin-launch-announcement-grc-gridcoin/?page=1274#comment-396541

[erkan]

in 17h: FORMULA BOINC challenge (3 days) by crunching Asteroids@Home WUs

Help us keep team #Gridcoin's overall #1 place

    https://steemit.com/gridcoin/@erkan/crunch-asteroids-home-for-the-3-day-long-formula-boinc-challenge


meanwhile:

team #Gridcoin wins 7-days-long @RosettaAtHome challenge, with >10 million credits:

* 18 #BOINC teams

* 22474 users

https://steemit.com/gridcoin/@erkan/team-gridcoin-is-leading-in-2-boinc-challenges-right-now-primegrid-and-rosetta#@erkan/re-erkan-re-erkan-re-erkan-team-gridcoin-is-leading-in-2-boinc-challenges-right-now-primegrid-and-rosetta-20170713t052201071z

[trumpman]

How to Setup Headless Linux with GrcPool.com, new video by the Gridcoin Channel: https://www.youtube.com/watch?v=RrCsWqr6b1w