[ANN] Velocitycoin- Client Update 1.2.0- Important Update Immediately

[haggis]

How is Velocitycoin related to Flappycoin? I don't get it 

[1714981263]

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[david1365]

When vel price will go up present price is so ridiculously

[cryptohunter]

Yeah this coin deserves to be way higher than it is.... too many shitclones with no development pushing it down.

[ehoffman]

One of the reason why it's so low is that no exchanges seems to care about this coin (apart from some no-name Chinese sites).  If it would appear on Cryptsy or Coinex, it would for sure get a boost 

But the number 1 reason why it's tanking right now is IMHO because this is mainly a quick-money coin.  By that I mean that by the way it's designed, 90% of people jumped mining the cr@p of it when it came out, to get the maximum number of coins while it was worth it (while reward was high, and number of miners was low).  Now, most of the coins are mined, reward is very low (compared with initial reward) and so many people mine it that it's not worth mining it anymore in the eye of most people.  So, what you have is a coin where it still have to do it's proof (that takes time, months...), and 75%+ of the coins already mined, and especially most of the holders of those coins just DYING for this coin to go up and cash in.  So, don't be surprised that people get tired, seeing this cion tanking, decide to sell, dump, stop waiting, and killing any price raise with sudden selling, telling themselves "well, it's up 10%, dump now before the price may never reach that price again for a while...".  Remember, probably the majority of people who have the initial coins are there for quick money, and not true believer/holders.

I sincerely do hope that this coin do get up.  I didn't mine it and even if I was there at the beginning, I wouldn't have mined it either (don't have GPU rig, I'm more equipped on SHA256 side with ASIC).  But I did get some coins though on the... hummm... only non-Chinese exchange out there

[lenovothinkpad]

One of the reason why it's so low is that no exchanges seems to care about this coin (apart from some no-name Chinese sites).  If it would appear on Cryptsy or Coinex, it would for sure get a boost 

But the number 1 reason why it's tanking right now is IMHO because this is mainly a quick-money coin.  By that I mean that by the way it's designed, 90% of people jumped mining the cr@p of it when it came out, to get the maximum number of coins while it was worth it (while reward was high, and number of miners was low).  Now, most of the coins are mined, reward is very low (compared with initial reward) and so many people mine it that it's not worth mining it anymore in the eye of most people.  So, what you have is a coin where it still have to do it's proof (that takes time, months...), and 75%+ of the coins already mined, and especially most of the holders of those coins just DYING for this coin to go up and cash in.  So, don't be surprised that people get tired, seeing this cion tanking, decide to sell, dump, stop waiting, and killing any price raise with sudden selling, telling themselves "well, it's up 10%, dump now before the price may never reach that price again for a while...".  Remember, probably the majority of people who have the initial coins are there for quick money, and not true believer/holders.

I sincerely do hope that this coin do get up.  I didn't mine it and even if I was there at the beginning, I wouldn't have mined it either (don't have GPU rig, I'm more equipped on SHA256 side with ASIC).  But I did get some coins though on the... hummm... only non-Chinese exchange out there

Join it ,improve it ,or do you have the interest ,so these coins 

[seonat]

I confused with new n-factor value with R9 270 config.
I have alot of HW

I 16
w 256
tc 15232
core/mem 1075/1250

Even down I to 12 and speed 70khs

Please give a suggest to configure... 

[cryptohunter]

this coin and qqc need to get on mintpal. Best to organise some giveaways to give it a boost up in votes. You can vote each hour 3 times.

[dannygast]

I confused with new n-factor value with R9 270 config.
I have alot of HW

I 16
w 256
tc 15232
core/mem 1075/1250

Even down I to 12 and speed 70khs

Please give a suggest to configure... 

I have -I 11 -w 512 -g 2 --lookup-gap 2 --thread-concurrency 8192 --gpu-engine 1070 --gpu-memclock 1400

doing 70khs per 280x

[david1365]

What happen for velocity price at coinedup, now is  430 satoshi 

[Last1212]

Now is 230... Probably this is the end.

[cryptohunter]

poor old velocity coin  .... where are the devs?

[forzendiablo]

made vallet.

pass me VEL!

VQnYLUatZLY8hbdWVnAYenCuJqdTeH1dpU

[peterlustig]

WTF price is @ 100 satoshis...

[cryptohunter]

WTF price is @ 100 satoshis...

yeah shame was not a bad coin really.... dev abandoned i guess... strange after all the work they put in.

[Last1212]

Well, I have some vels to spend on promotions. Think we need to cooperate together.

[cryptohunter]

i think at 100 sats for a coin with this low minting it needs a bit of work done on it, however the devs had done quite a few good things for this coin which is why it is weird they just vanished.

[TTXK]

As the majority of our Buy market is Chinese at the moment, we are in the process of Translating all services to Chinese.

https://twitter.com/velocitycoin

[SolidStateSurvivor]

this coin and qqc need to get on mintpal. Best to organise some giveaways to give it a boost up in votes. You can vote each hour 3 times.

I've been voting several times a day, since I have an account. But, you can vote for Velocitycoin on Cryptsy now.

I might be able to get Velocitycoin on https://www.cryptoaltex.com very soon.

[peterlustig]

Perhaps it should be pointed out to new users that QQCoin had an extremely unfair start, unlike VEL.

[haggis]

Perhaps it should be pointed out to new users that QQCoin had an extremely unfair start, unlike VEL.

Can you explain?