cryptohunter
Legendary
Offline
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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February 17, 2014, 07:18:57 PM |
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Yeah this coin deserves to be way higher than it is.... too many shitclones with no development pushing it down.
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ehoffman
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February 18, 2014, 11:07:45 AM |
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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
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lenovothinkpad
Full Member
Offline
Activity: 143
Merit: 100
quickpay
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February 22, 2014, 05:09:02 PM |
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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
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AE the RealWay BTC:1NJtnYSyTs2Xy1pJqSEW7sdCW2SvJkzdZV LTC:LdkZMrhQBSWK1NoYfjqx8J7viAbUxZCzMC
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seonat
Newbie
Offline
Activity: 178
Merit: 0
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February 23, 2014, 08:09:32 AM |
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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...
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cryptohunter
Legendary
Offline
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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February 25, 2014, 07:37:31 PM |
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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.
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dannygast
Member
Offline
Activity: 98
Merit: 10
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February 25, 2014, 09:46:06 PM |
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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
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david1365
Legendary
Offline
Activity: 994
Merit: 1000
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February 26, 2014, 01:48:30 PM |
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What happen for velocity price at coinedup, now is 430 satoshi
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Last1212
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February 28, 2014, 11:43:49 AM |
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Now is 230... Probably this is the end.
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Some donate will be good)))))) LTC: LLEhzonntRjo4pLqaw93ZQzw8Qdx3HQ2k7 DOGE: DCty26Yk5kbG2NfoknoyY3UajPzsmbhXP9 WDC: WYJW8RYrc3C8K7duaAWqs8YayMLLNEkWBC CAT: 9nJcehD9dkcsrrVmJxnLJRFc61158nTvvP
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cryptohunter
Legendary
Offline
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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March 02, 2014, 04:18:24 AM |
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poor old velocity coin .... where are the devs?
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forzendiablo
Legendary
Offline
Activity: 1526
Merit: 1000
the grandpa of cryptos
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March 03, 2014, 05:31:30 AM |
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made vallet.
pass me VEL!
VQnYLUatZLY8hbdWVnAYenCuJqdTeH1dpU
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yolo
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peterlustig
Sr. Member
Offline
Activity: 812
Merit: 250
The Fourth Generation of Blockchain in DeFi
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March 05, 2014, 01:18:58 PM |
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WTF price is @ 100 satoshis...
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cryptohunter
Legendary
Offline
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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March 06, 2014, 05:06:00 AM |
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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.
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Last1212
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March 06, 2014, 05:12:17 AM |
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Well, I have some vels to spend on promotions. Think we need to cooperate together.
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Some donate will be good)))))) LTC: LLEhzonntRjo4pLqaw93ZQzw8Qdx3HQ2k7 DOGE: DCty26Yk5kbG2NfoknoyY3UajPzsmbhXP9 WDC: WYJW8RYrc3C8K7duaAWqs8YayMLLNEkWBC CAT: 9nJcehD9dkcsrrVmJxnLJRFc61158nTvvP
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cryptohunter
Legendary
Offline
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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March 06, 2014, 05:14:30 AM |
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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.
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TTXK
Member
Offline
Activity: 69
Merit: 10
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March 06, 2014, 06:35:16 AM |
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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
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SolidStateSurvivor
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March 07, 2014, 08:06:29 PM Last edit: March 08, 2014, 03:00:05 AM by SolidStateSurvivor |
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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.
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Founding member of Hashmeisters Inc...
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peterlustig
Sr. Member
Offline
Activity: 812
Merit: 250
The Fourth Generation of Blockchain in DeFi
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March 08, 2014, 01:25:36 PM |
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Perhaps it should be pointed out to new users that QQCoin had an extremely unfair start, unlike VEL.
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haggis
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March 08, 2014, 01:59:16 PM |
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Perhaps it should be pointed out to new users that QQCoin had an extremely unfair start, unlike VEL.
Can you explain?
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Cryptock
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March 09, 2014, 07:55:16 AM |
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Perhaps it should be pointed out to new users that QQCoin had an extremely unfair start, unlike VEL.
Can you explain? I wanna know too
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SolidStateSurvivor
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March 09, 2014, 04:23:45 PM |
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Perhaps it should be pointed out to new users that QQCoin had an extremely unfair start, unlike VEL.
Can you explain? I wanna know too At start it had a lot of orphans, difficulty to get the wallet working and a lot of other things go wrong with it. I can as an example say I got about 1/15th of the QQC same way/amount of time I spent on VEL first day or days.
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Founding member of Hashmeisters Inc...
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