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Author Topic: [ANN] Catcoin - Scrypt meow!  (Read 470643 times)
skovbitcoin
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January 06, 2014, 08:32:23 PM
 #6601

CatcoinFlip.com has launched - coin toss betting game for catcoins.

Enjoy :3




You do realise that this is +EV for the customer...so you will bankrupt yourself (in cat terms) eventually?
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LeoC
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January 06, 2014, 08:35:28 PM
 #6602

Big orders coming through, CAT going up!!
skovbitcoin
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January 06, 2014, 08:39:40 PM
 #6603

Big orders coming through, CAT going up!!

I saw that! So happy after I made a fat fingered trade this morning Wink Coming out of it unscathed hopefully after some minor stress haha
etblvu1
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January 06, 2014, 08:47:16 PM
 #6604

Such generation and inflation is only possible with influx of enormous amounts of hash, so this is not an end-game scenario, just how things play out before stabilizing. The coin will reach a STABLE point where adding 10x hashpower on a whim is not profitable, and this generation would not be feasible.

Also, for every period where there is fast generation, there would be a slow period - just not as noticeable as with a regular difficulty adjustment. Think of it as friction on the difficulty, that tends to return everything to a stable midpoint.

Influx of enormous amounts of hash is precisely what coin switching pools bring about - and not only the pools, but individual miners who monitor profitability sites and switch mining from coin to coin to "maximize profits."

There is no "averaging out" that goes on that makes long-term miners whole. The periods of fast generation last far less long than periods of slow generation, so what happens is that during periods of fast generation, lots of hashing power temporarily shows up, takes most of the Catcoins that are generated and dumps it on the market, while the loyal Catcoin miners only get a few of the coins during this period (which may last only a few hours), then the difficulty gets adjusted way upwards, all the temporary massive hashing power goes away, and the loyal Catcoin miner has to mine unprofitably for many days, only to have the cycle repeat. This is a recipe for losing loyal hashers, by giving economic signals that they are not welcome.

Our goal should be put as many Catcoins as possible in the hands of people who leave their rigs pointed to Catcoin through both easy and hard difficulty eras; and systematically keep opportunistic hashers out by eliminating the incentives that are attraction them right now. We should not be rewarding behavior that harms the coin.

Nullu
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January 06, 2014, 09:14:02 PM
 #6605

https://bitcointalk.org/index.php?topic=400513.0

You want to buy it, you want to sell it. Get your Catcoin requests in, everyone.

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
vondi1122
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January 06, 2014, 09:19:08 PM
 #6606

https://bitcointalk.org/index.php?topic=400513.0

You want to buy it, you want to sell it. Get your Catcoin requests in, everyone.
He just wants coins that are not traded on major exchanges, Cat is not suitable. Greetings vondi1122
And by the way can we maybe end discussions about price and trading in this thread? I don't want to behave like this is my thread but talking about price really ruins this thread. Thanks

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Nullu
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January 06, 2014, 09:29:13 PM
 #6607

https://bitcointalk.org/index.php?topic=400513.0

You want to buy it, you want to sell it. Get your Catcoin requests in, everyone.
He just wants coins that are not traded on major exchanges, Cat is not suitable. Greetings vondi1122
And by the way can we maybe end discussions about price and trading in this thread? I don't want to behave like this is my thread but talking about price really ruins this thread. Thanks

Very well. Mum's the word.


BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
kuroman
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January 06, 2014, 10:40:47 PM
 #6608

how long i have to keep on spamming these stupid useless messages to get rid of my junior member status?


im so fucked up to this forum

Son you'll remain Junior for ever!

If you are active enough, it should be gone in no time
foodies123
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January 06, 2014, 10:51:28 PM
 #6609

so where do I point my hashes at ?

nope
liquidcpu
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January 06, 2014, 11:00:18 PM
 #6610

This CAT Giveaway site has been giving away 1 CAT an hour for a couple days now. It has given out about 50 CAT.

http://69.90.132.234/game.php?coin=CAT

Unfortunately, this will be the last giveaway round unless one of you fat-cats donates to keep it running.

Thanks in advance, address is at the bottom of the page..
foodies123
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January 06, 2014, 11:01:23 PM
 #6611

hash doge

I mean what pool so we don't 51 it.

nope
Nullu
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January 06, 2014, 11:05:26 PM
 #6612

This CAT Giveaway site has been giving away 1 CAT an hour for a couple days now. It has given out about 50 CAT.

http://69.90.132.234/game.php?coin=CAT

Unfortunately, this will be the last giveaway round unless one of you fat-cats donates to keep it running.

Thanks in advance, address is at the bottom of the page..

3.4 Catcoin incoming. Everything I had in my pool account from mining during the fork.

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
liquidcpu
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January 06, 2014, 11:08:47 PM
 #6613

This CAT Giveaway site has been giving away 1 CAT an hour for a couple days now. It has given out about 50 CAT.

http://69.90.132.234/game.php?coin=CAT

Unfortunately, this will be the last giveaway round unless one of you fat-cats donates to keep it running.

Thanks in advance, address is at the bottom of the page..

3.4 Catcoin incoming. Everything I had in my pool account from mining during the fork.

The CAT community thanks you! Game on!
crypt_zombie
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January 06, 2014, 11:13:05 PM
 #6614

hash doge

I mean what pool so we don't 51 it.

A P2Pool node would probably be the best choice: http://p2pool.name:9333 http://solidpool.org:9333 http://cat.e-pool.net:9993 and a US node was started very recently (I don't remember the link but you can search this thread for it). Edit: the US node is http://p2pool-us.gotgeeks.com:9333
campeck
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January 06, 2014, 11:14:58 PM
 #6615

If the site is still operating when I get done with my errands I will throw 20 at it! I have been trying to win!
Nullu
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January 06, 2014, 11:22:28 PM
 #6616

This CAT Giveaway site has been giving away 1 CAT an hour for a couple days now. It has given out about 50 CAT.

http://69.90.132.234/game.php?coin=CAT

Unfortunately, this will be the last giveaway round unless one of you fat-cats donates to keep it running.

Thanks in advance, address is at the bottom of the page..

3.4 Catcoin incoming. Everything I had in my pool account from mining during the fork.

The CAT community thanks you! Game on!

Logically, if enough people put in coins, it should create a good level of coin distribution, provided new Catcoiners are joining in.  Smiley

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
foodies123
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January 06, 2014, 11:37:46 PM
Last edit: January 06, 2014, 11:56:52 PM by foodies123
 #6617

coinium it is then... +10 mh/s admin lower them fees and confirmations.


http://www.youtube.com/watch?v=qj21q1mYmxw

if this doesn't convince people to buy/mine cat what will ?

nope
raistlinthewiz
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January 07, 2014, 01:04:30 AM
 #6618

with the current difficulty it's isn't really easy to get another chain-fork.

Maverickthenoob
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January 07, 2014, 01:43:29 AM
 #6619

3 blocks to go until retarget.

Board of Directors - Catcoin
Personal: CAT: 9pndWw3qmPiWm2jQRw5pRAVEfJN4LzaD1f  BTC: 1Jo1394CraTgC8bKFzDdEMdks2DroB6VBe
CAT Dev Donation CAT: 9gZpz58KzYr1WKBN8DfPkZPAEt5wfZ4UKT BTC: 1MeRkKfRRfC86BQWEx5gsq68bDHe7dgs3o
BitchCoin
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January 07, 2014, 01:48:32 AM
 #6620

I'm gonna just daytrade my way out of this hole. Been waiting for the big rise, but damn....I keep letting opportunities pass by. Using this for encouragement.
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