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Author Topic: Re: [ANN] Applecoin - Now on BTC38.com, Surpasses 5 Million Market Cap.  (Read 49886 times)
JohnDorien
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December 11, 2013, 02:18:39 PM
 #221

still profitable to mine right now at current dif and price?  Any calculators for this one around?

No calculators, but you still can calculate with roughly 1k APC per day per Mhash (Varies a bit due to the random block rewards).
Price is between 0.6 and 1 LTC per 1k
Don007
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December 12, 2013, 11:27:05 AM
 #222

Now block #20,000 has been reached, this coin looks doomed.. The difficulty has decreased to a 4.7 currently, but that damn "n-factor" is screwing this up. Is that factor also going to change? I can only mine with a 350 Kh/s, which was about 5000 kh/s at the begin of this coin ánd the rewards are much lower now.. 

{Curently quite inactive as I'm really busy in my private life. I will get back soon!}

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cryptohunter
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December 12, 2013, 06:15:01 PM
 #223

Now block #20,000 has been reached, this coin looks doomed.. The difficulty has decreased to a 4.7 currently, but that damn "n-factor" is screwing this up. Is that factor also going to change? I can only mine with a 350 Kh/s, which was about 5000 kh/s at the begin of this coin ánd the rewards are much lower now.. 

That is meant to happen, it is a cpu coin that crushes out gpu usage.

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December 12, 2013, 09:24:51 PM
 #224

Anyone interested in my measly 246 coin?
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December 13, 2013, 07:31:15 PM
 #225

btc-8 down again? Angry
KunningLinguist (OP)
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December 14, 2013, 11:02:32 AM
 #226

Added to BTC38.com

http://www.btc38.com/trade.html?btc38_trade_coin_name=apc

JohnDorien
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December 14, 2013, 11:07:17 AM
 #227


90 APC = 1 LTC here!!!
KunningLinguist (OP)
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December 14, 2013, 11:08:22 AM
 #228

Applecoin.org is under upgrade to a funky new super powerful server. Please be patient.

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December 14, 2013, 11:20:25 AM
 #229

Applecoin.org is under upgrade to a funky new super powerful server. Please be patient.

that is nice! Any E.t.a?
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December 14, 2013, 02:26:26 PM
 #230

New server has at least 4 x times the power.

If your having trouble with accessing the site, use these IP's 209.188.21.78 and 209.188.21.79

int3ractivodular
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December 14, 2013, 02:32:19 PM
 #231

So I'm asking this with genuine curiosity and not just to be an ass; why in the hell is this coin worth as much as it is? I don't see anything unique, innovative, or new about it whatsoever. It's just another scrypt-jane N-factor coin with semi-random rewards. Everyone has been paying absurdly high amounts of BTC for this coin since the day it was released, and I cannot see why for the life of me. There's 0 services available for it, yet for some reason people are just dying to pay hundreds of dollars for a single day's worth of mined coins. What gives?

Again, not trying to be a dick about it I just really can't see any sort of justification for its pricing.
int3ractivodular
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December 14, 2013, 02:32:51 PM
 #232

Also, holy fucking god the pools are so unstable right now it's almost impossible to mine. They're just taking turns crashing back and forth.
peterlustig
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December 14, 2013, 02:34:21 PM
 #233

Holy shit look at that Applecoin price @ btc-38!  Shocked
http://www.btc38.com/trade.html?btc38_trade_coin_name=apc




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int3ractivodular
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December 14, 2013, 02:35:27 PM
 #234

Holy shit look at that Applecoin price @ btc-38!  Shocked
http://www.btc38.com/trade.html?btc38_trade_coin_name=apc

Exactly my point, why is this price at all justified? There's nothing even remotely innovative in this coin.
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December 14, 2013, 02:36:18 PM
 #235

the name i guess people think will get some media hype, but not a bad coin anyway.

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December 14, 2013, 02:36:53 PM
 #236

How much of a bribe did you pay to have this shit listed?

peterlustig
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December 14, 2013, 02:37:24 PM
 #237

Holy shit look at that Applecoin price @ btc-38!  Shocked
http://www.btc38.com/trade.html?btc38_trade_coin_name=apc

Exactly my point, why is this price at all justified? There's nothing even remotely innovative in this coin.

So I'm asking this with genuine curiosity and not just to be an ass; why in the hell is this coin worth as much as it is? I don't see anything unique, innovative, or new about it whatsoever. It's just another scrypt-jane N-factor coin with semi-random rewards. Everyone has been paying absurdly high amounts of BTC for this coin since the day it was released, and I cannot see why for the life of me. There's 0 services available for it, yet for some reason people are just dying to pay hundreds of dollars for a single day's worth of mined coins. What gives?

Again, not trying to be a dick about it I just really can't see any sort of justification for its pricing.
APC seems to be really popular in china, look at the amount of chinese users @ applecoin.org, the chinese forum section is larger than all other boards. Two chinese exchanges first adopted Applecoin, so yeah, I'd like to know why APC is so popular in China too. Good marketing? That said, the coin was and is fun to mine.




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int3ractivodular
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December 14, 2013, 02:44:05 PM
 #238

Yeah I see that it has a lot of interest from China and it has since the beginning pretty much. I mined a metric fuckload of APC during the start and sold them off very easily for what I thought was a hilariously over-valued price, but now I'm kicking myself for having not held onto them, I'd be rolling in BTC right now.

I just didn't see anything special about it at all, so I mined until like the second N-factor change and stopped assuming that the coin would just die since it has no redeeming qualities. And yet for some reason the Chinese are going apeshit over it. I really just don't get it.  Huh

What's even more irritating is that the N-factor calculation rate isn't even publicly posted anywhere, so we have no idea when the next GPU efficiency decreases will be, just when the block reward decreases will be. Additionally, the listed block rewards don't even hold true, as I solo mined several blocks with <100 APC reward during the first 10,000 blocks, which should not even be possible. The documentation for this coin is lacking as well as incorrect in places. It's irritating to me that random coins like this one get so much attention and price pumping for no reason while coins that actually have innovative qualities are shunted to the side.
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December 14, 2013, 02:51:14 PM
 #239

Yeah I see that it has a lot of interest from China and it has since the beginning pretty much. I mined a metric fuckload of APC during the start and sold them off very easily for what I thought was a hilariously over-valued price, but now I'm kicking myself for having not held onto them, I'd be rolling in BTC right now.

I just didn't see anything special about it at all, so I mined until like the second N-factor change and stopped assuming that the coin would just die since it has no redeeming qualities. And yet for some reason the Chinese are going apeshit over it. I really just don't get it.  Huh

What's even more irritating is that the N-factor calculation rate isn't even publicly posted anywhere, so we have no idea when the next GPU efficiency decreases will be, just when the block reward decreases will be. Additionally, the listed block rewards don't even hold true, as I solo mined several blocks with <100 APC reward during the first 10,000 blocks, which should not even be possible. The documentation for this coin is lacking as well as incorrect in places. It's irritating to me that random coins like this one get so much attention and price pumping for no reason while coins that actually have innovative qualities are shunted to the side.

They are fixed now, thanks for letting me know. The original specs which were slightly different where changed in a later build.

int3ractivodular
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December 14, 2013, 02:56:24 PM
 #240

Yeah I see that it has a lot of interest from China and it has since the beginning pretty much. I mined a metric fuckload of APC during the start and sold them off very easily for what I thought was a hilariously over-valued price, but now I'm kicking myself for having not held onto them, I'd be rolling in BTC right now.

I just didn't see anything special about it at all, so I mined until like the second N-factor change and stopped assuming that the coin would just die since it has no redeeming qualities. And yet for some reason the Chinese are going apeshit over it. I really just don't get it.  Huh

What's even more irritating is that the N-factor calculation rate isn't even publicly posted anywhere, so we have no idea when the next GPU efficiency decreases will be, just when the block reward decreases will be. Additionally, the listed block rewards don't even hold true, as I solo mined several blocks with <100 APC reward during the first 10,000 blocks, which should not even be possible. The documentation for this coin is lacking as well as incorrect in places. It's irritating to me that random coins like this one get so much attention and price pumping for no reason while coins that actually have innovative qualities are shunted to the side.

They are fixed now, thanks for letting me know. The original specs which were slightly different where changed in a later build.

You're welcome, but WOW that is a MAJOR change. Going from 100 min reward to 2 is a massive difference and is absolutely something that we miners should have known about the second it was decided to be changed. Also, details on the N-factor calculation would be much appreciated.

I'm still mining this coin since people still seem to want it so bad, but these kinds of small nit-picky issues are more than enough to make or break newer altcoins, so I figure since this one is doing relatively well on its own we may as well see where it goes, given a bit better information and support.

Also, moar pools and some services would definitely be of great help to the coin, I'm astonished it's been around as long as it has without having at LEAST one kind of gambling site that accepts it.
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