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Author Topic: [ANN] [RPC] RON PAUL COIN VERSION 2.0 - Download here  (Read 306462 times)
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colinistheman
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December 30, 2013, 12:14:22 AM
 #101

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COIN   TOTAL COIN SUPPLY    CURRENT PRICE
RonPaulCoin     2,100,000             $?Huh per coin
Bitcoin          21,000,000              $730 per coin

1 coin per block for first 4 years. Halving reward every 4 years thereafter.

If Bitcoin was 50 coin per block then this should start off with 5 coin per block?

Ron Paul Coin has 2 minutes per block which is 5 times faster than Bitcoin's 10 minutes per block.

Therefore we do 1 coin per block every 2 minutes, which equals 5 coins for every 10 minutes (as you were expecting).

5 RonPaulCoins per 10 minutes compared to Bitcoin's 50 coins per 10 minutes (when it first came out).
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cryptoirc
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December 30, 2013, 12:19:40 AM
 #102

Cool, love this concept. I dont see this being one of the pump n dump scams e.g EAC,CAT,DOGE but this could be a great coin, especially if Bitcoin goes mainstream in the future. Like the 2.1M coin cap too.
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December 30, 2013, 12:25:32 AM
 #103

I cant mine until I get off duty tomorrow at 9am Sad

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colinistheman
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December 30, 2013, 12:28:23 AM
 #104

Cool, love this concept. I dont see this being one of the pump n dump scams e.g EAC,CAT,DOGE but this could be a great coin, especially if Bitcoin goes mainstream in the future. Like the 2.1M coin cap too.
Thanks.
This is precisely the point and why I made RPC this way.

If you'll notice-- any pump n dump coins are always high coin caps. This is so that they can accumulate TONS of coins very quickly and then UNLOAD them on an exchange.

I created RonPaulCoin to do the opposite-- It rewards in very small amounts to make it rare so nobody would want to sell their coin so quickly. You'd be pretty dumb to sell RonPaulCoin early in the game.
giveBTCpls
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December 30, 2013, 12:32:33 AM
 #105

1 coin per block and 2 minutes per block
it seem too difficult

It is rare.

Take a look at Diamond (DMD) or CryptogenicBullion (CGB), etc on coinwarz.com. Those are relatively new in the crypto game yet they have a higher value because they are more scarce. DOGeCoin would be an example of doing the opposite-- super huge block rewards, and look at what that coin is worth? about half a penny per coin.

At the end of the day coin value means nothing. Sure, dogecoin are worth peanuts, but since it was so easy to mine, it has been my most profitable coin (I was there mining from the start).

Im mining RPC too from the start, same hashrate, so we'll see what's more profitable in the long run.

In any case, I hope RPC is a success since Ron Paul is awesome.

colinistheman
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December 30, 2013, 12:35:26 AM
 #106

At the end of the day coin value means nothing. Sure, dogecoin are worth peanuts, but since it was so easy to mine, it has been my most profitable coin (I was there mining from the start).

Im mining RPC too from the start, same hashrate, so we'll see what's more profitable in the long run.

In any case, I hope RPC is a success since Ron Paul is awesome.
I suppose time will tell Smiley

And yes Ron Paul is pretty badass!
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December 30, 2013, 12:38:51 AM
 #107

Wallet will not synchronise, I need nodes

PMC: 19dNRVPcjsESqo8isdauc1gQ6PbUrAZor9
TheBeardedMann
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December 30, 2013, 12:44:40 AM
 #108

You gonna create a faster block time, higher cap, coin called the Rand Paul (the next US President) Coin?
Acidyo
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December 30, 2013, 12:45:45 AM
 #109

Interesting coin, will try it out. Smiley

RTdVsS9bfqp1C3aJJDtMfjBRxdLMExWjvG

^incase someone who started mining early wants to share. Smiley

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bgman
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December 30, 2013, 12:46:02 AM
 #110

If only his channel and curriculum websites accepted his own coins...
Bigeyeone
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December 30, 2013, 12:47:04 AM
 #111

ok lets try this

RGQCdazmcKTESv82vxhovkhfcT7vgmuS6P

PMC: 19dNRVPcjsESqo8isdauc1gQ6PbUrAZor9
johnngbluntzky
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December 30, 2013, 12:47:48 AM
 #112

haven't even read a damn thing.. it's the ron paul coin.. i'm in. premine 100000 blocks i don't f'in care. i'm in.

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December 30, 2013, 12:48:55 AM
 #113

Quote
COIN   TOTAL COIN SUPPLY    CURRENT PRICE
RonPaulCoin     2,100,000             $?Huh per coin
Bitcoin          21,000,000              $730 per coin

1 coin per block for first 4 years. Halving reward every 4 years thereafter.

If Bitcoin was 50 coin per block then this should start off with 5 coin per block?

Ron Paul Coin has 2 minutes per block which is 5 times faster than Bitcoin's 10 minutes per block.

Therefore we do 1 coin per block every 2 minutes, which equals 5 coins for every 10 minutes (as you were expecting).

5 RonPaulCoins per 10 minutes compared to Bitcoin's 50 coins per 10 minutes (when it first came out).

Ok dokey, forgot to take timing into account Roll Eyes


this way seems better even because 5 different people can get coins so they get into more peoples hands.
giveBTCpls
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December 30, 2013, 12:49:34 AM
 #114

1 coin per block and 2 minutes per block
it seem too difficult

It is rare.

Take a look at Diamond (DMD) or CryptogenicBullion (CGB), etc on coinwarz.com. Those are relatively new in the crypto game yet they have a higher value because they are more scarce. DOGeCoin would be an example of doing the opposite-- super huge block rewards, and look at what that coin is worth? about half a penny per coin.

At the end of the day coin value means nothing. Sure, dogecoin are worth peanuts, but since it was so easy to mine, it has been my most profitable coin (I was there mining from the start).

Im mining RPC too from the start, same hashrate, so we'll see what's more profitable in the long run.

In any case, I hope RPC is a success since Ron Paul is awesome.

Btw, what I tried to say here if it wasnt clear enough: It's development of the coin (cool cool new features that make it special) and/or promotion (for example, DOGE being such a widespread meme and first meme coin) what makes a person get big profits from a coin. For sure, scarcity with make a single coin a lot more valuable, but you get the point.

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December 30, 2013, 12:52:15 AM
 #115

I'm mining away. Can't wait for the Windows wallet and a nice website and promotions. Wish I had the skills to do either.
Gamer67
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тσ ¢σιи σя иσт тσ ¢σιи?


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December 30, 2013, 12:58:14 AM
 #116

I'm mining away. Can't wait for the Windows wallet and a nice website and promotions. Wish I had the skills to do either.

Windows wallet is in the first post

"I am not Dorian Nakamoto."
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December 30, 2013, 12:58:19 AM
 #117

Donations are welcomed since I can't manage to setup mining! Thanks! Smiley
RL4HDmqiqGkzZeVGiEXLbNp1jmQSns8Lwj

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December 30, 2013, 01:00:16 AM
 #118

Donations are welcomed since I can't manage to setup mining! Thanks! Smiley
RL4HDmqiqGkzZeVGiEXLbNp1jmQSns8Lwj

wow..

Bradlu
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December 30, 2013, 01:00:42 AM
 #119

Well, I just mined my first whole RPC in the pool!
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December 30, 2013, 01:02:02 AM
 #120

I'm mining away. Can't wait for the Windows wallet and a nice website and promotions. Wish I had the skills to do either.

Windows wallet is in the first post

I used the download twice. Once this morning and just now. Both times I got an error opening it. It's not a valid zip file
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