|
turtoro
|
 |
July 02, 2014, 11:26:55 AM |
|
It is such a pain in the ass watching this fiasco  As long as the inner market is not interested in vtc the outer world will not be recognizing the great technology behind this project. I guess the only true thing you can do now is to change the algo and make a dynamic reward. Today I checked the reward generated by dark coin and it seems that it might be the best solution to go with a variable reward. DARKCOIN is really impressing, because it did something special. It has been pumped for weeks and months and it sustains it's value really well why don't you go mine drk then? because if the block reward is changed it's gonna do nothing except cause greater loss of value as people lose confidence in the dev/community of this coin. Thats not necessarily true. If it is done properly and carefully it can work. Nobody knows until its done. |
|
|
|
|
|
|
|
|
|
|
|
Whoever mines the block which ends up containing your transaction will get its fee.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
MichBjukenon
|
|
July 02, 2014, 11:32:09 AM |
|
It is such a pain in the ass watching this fiasco As long as the inner market is not interested in vtc the outer world will not be recognizing the great technology behind this project. I guess the only true thing you can do now is to change the algo and make a dynamic reward. Today I checked the reward generated by dark coin and it seems that it might be the best solution to go with a variable reward. DARKCOIN is really impressing, because it did something special. It has been pumped for weeks and months and it sustains it's value really well sustained its value ? am i missing something here ? it droped from 0.025 to 0.012 in less then a month.... but that dosent have anything to do with variable reward... |
|
|
|
|
|
iGoodw1n
|
|
July 02, 2014, 11:34:38 AM |
|
It is such a pain in the ass watching this fiasco As long as the inner market is not interested in vtc the outer world will not be recognizing the great technology behind this project. I guess the only true thing you can do now is to change the algo and make a dynamic reward. Today I checked the reward generated by dark coin and it seems that it might be the best solution to go with a variable reward. DARKCOIN is really impressing, because it did something special. It has been pumped for weeks and months and it sustains it's value really well sustained its value ? am i missing something here ? it droped from 0.025 to 0.012 in less then a month.... but that dosent have anything to do with variable reward... I think it is correlation after huge rise. |
|
|
|
|
MichBjukenon
|
|
July 02, 2014, 11:36:07 AM |
|
It is such a pain in the ass watching this fiasco As long as the inner market is not interested in vtc the outer world will not be recognizing the great technology behind this project. I guess the only true thing you can do now is to change the algo and make a dynamic reward. Today I checked the reward generated by dark coin and it seems that it might be the best solution to go with a variable reward. DARKCOIN is really impressing, because it did something special. It has been pumped for weeks and months and it sustains it's value really well sustained its value ? am i missing something here ? it droped from 0.025 to 0.012 in less then a month.... but that dosent have anything to do with variable reward... I think it is correlation after huge rise. it could be,but again,no crypto sustains its value really well,ever...thats just the way it is in todays market.. |
|
|
|
|
Crypto_EX
Member
 Offline
Activity: 70
Merit: 10
|
|
July 02, 2014, 11:41:37 AM |
|
It is such a pain in the ass watching this fiasco As long as the inner market is not interested in vtc the outer world will not be recognizing the great technology behind this project. I guess the only true thing you can do now is to change the algo and make a dynamic reward. Today I checked the reward generated by dark coin and it seems that it might be the best solution to go with a variable reward. DARKCOIN is really impressing, because it did something special. It has been pumped for weeks and months and it sustains it's value really well why don't you go mine drk then? because if the block reward is changed it's gonna do nothing except cause greater loss of value as people lose confidence in the dev/community of this coin. i agree |
|
|
|
|
|
iGoodw1n
|
|
July 02, 2014, 11:50:59 AM |
|
It is such a pain in the ass watching this fiasco As long as the inner market is not interested in vtc the outer world will not be recognizing the great technology behind this project. I guess the only true thing you can do now is to change the algo and make a dynamic reward. Today I checked the reward generated by dark coin and it seems that it might be the best solution to go with a variable reward. DARKCOIN is really impressing, because it did something special. It has been pumped for weeks and months and it sustains it's value really well sustained its value ? am i missing something here ? it droped from 0.025 to 0.012 in less then a month.... but that dosent have anything to do with variable reward... I think it is correlation after huge rise. it could be,but again,no crypto sustains its value really well,ever...thats just the way it is in todays market.. Right now inflation in drk is 24 btc . If vert will cost 0.012 btc it would has inflation 345 btc. |
|
|
|
|
Jiggy0001
|
|
July 02, 2014, 12:00:41 PM |
|
That's what I am talking about...
Who will be attracted in the near future to generate that much buying pressure?
Btw. I think dark Is doing well! It was clear that it wont stay at the peak level(only naive people will think so!)
It is going through a lot of trouble/fud so taking this consideration drk is sustainable.
And it is way easier to buy 24btc rather than 350btc!
|
|
|
|
|
jk_14
Legendary
Offline
Activity: 1292
Merit: 1000
|
|
July 02, 2014, 12:09:56 PM |
|
That's what I am talking about...
Who will be attracted in the near future to generate that much buying pressure?
Btw. I think dark Is doing well! It was clear that it wont stay at the peak level(only naive people will think so!)
It is going through a lot of trouble/fud so taking this consideration drk is sustainable.
And it is way easier to buy 24btc rather than 350btc!
Est. ~22M Max Coins versus 84M Coins 350/4 = 87.5 btc |
|
|
|
|
|
iGoodw1n
|
|
July 02, 2014, 12:19:45 PM |
|
That's what I am talking about...
Who will be attracted in the near future to generate that much buying pressure?
Btw. I think dark Is doing well! It was clear that it wont stay at the peak level(only naive people will think so!)
It is going through a lot of trouble/fud so taking this consideration drk is sustainable.
And it is way easier to buy 24btc rather than 350btc!
Est. ~22M Max Coins versus 84M Coins 350/4 = 87.5 btc It does not need to divide because inflation is in btc but is not in its own coin. |
|
|
|
|
Jiggy0001
|
|
July 02, 2014, 12:31:01 PM |
|
That's what I am talking about...
Who will be attracted in the near future to generate that much buying pressure?
Btw. I think dark Is doing well! It was clear that it wont stay at the peak level(only naive people will think so!)
It is going through a lot of trouble/fud so taking this consideration drk is sustainable.
And it is way easier to buy 24btc rather than 350btc!
Est. ~22M Max Coins versus 84M Coins 350/4 = 87.5 btc Lol... |
|
|
|
|
silencesilence
Legendary
Offline
Activity: 1120
Merit: 1000
|
|
July 02, 2014, 12:34:58 PM |
|
I only don't worry about price?!  yesterday arrived my new video card - I made a good deal I keep mining VTC - do it and you greater difficulty = bye bye bye multipool = no dump  |
|
|
|
|
Crypto_EX
Member
Offline
Activity: 70
Merit: 10
|
|
July 02, 2014, 12:42:31 PM |
|
I only don't worry about price?! yesterday arrived my new video card - I made a good deal I keep mining VTC - do it and you greater difficulty = bye bye bye multipool = no dump good luck, how much you pay for electricity, also mine and keep don't dump  i have a couple of those same exact GPUs in my dedicated gaming rig |
|
|
|
|
silencesilence
Legendary
Offline
Activity: 1120
Merit: 1000
|
|
July 02, 2014, 12:48:51 PM |
|
I only don't worry about price?! yesterday arrived my new video card - I made a good deal I keep mining VTC - do it and you greater difficulty = bye bye bye multipool = no dump good luck, how much you pay for electricity, also mine and keep don't dump i have a couple of those same exact GPUs in my dedicated gaming rig in my country 1 kw/h - day tariff 0,077358974 EUR 1 kw/h - night tariff 0,048502564 EUR BUT electricity is not discussed at this stage  / one day you will remember about me / PS as I took them at a very good price |
|
|
|
|
|
mig5000
|
|
July 02, 2014, 12:57:23 PM |
|
I'm personally not touching VTC again until it reaches decent (ISH) inflation AKA : lower than .0001 per VTC or that inflation is fixed. There is no growth possible with 200% inflation in a year, miners are just going to split my money until it's all gone.
I shorted LTC 2 weeks ago for this exact reason and my long plays are only POS coin that kept their value for 2 month + now AKA : XC,NXT etc.
This quick double up was predicted and the fall to previous lows too. Mark my words... if nothing is done, the price of 1 VTC is going to be 20% from what it is now in 2 weeks time frame or less. I hate to be right but I probably will.
|
|
|
|
|
jk_14
Legendary
Offline
Activity: 1292
Merit: 1000
|
|
July 02, 2014, 01:02:45 PM |
|
That's what I am talking about...
Who will be attracted in the near future to generate that much buying pressure?
Btw. I think dark Is doing well! It was clear that it wont stay at the peak level(only naive people will think so!)
It is going through a lot of trouble/fud so taking this consideration drk is sustainable.
And it is way easier to buy 24btc rather than 350btc!
Est. ~22M Max Coins versus 84M Coins 350/4 = 87.5 btc It does not need to divide because inflation is in btc but is not in its own coin. then max marketcap of VTC is 4x bigger than max marketcap of DRK, using your method |
|
|
|
|
rontz
Newbie
Offline
Activity: 23
Merit: 0
|
|
July 02, 2014, 01:05:33 PM |
|
Regarding the multipools. http://www.verters.com/block-analysisWafflepool 10% so they should generate 2800VTC / Day and lets assume that there is another 5% of other multipools not visible on a graph. So roughly 4500VTC per day sold by multipools. with current price it equals ~3 BTC According to coinmarketcap Volume (24h) is 300 BTC So the multipool action in daily volume is 1% Makes me wonder if the mentioned multipool issue is the "advertised big issue" at all? |
|
|
|
|
Crypto_EX
Member
Offline
Activity: 70
Merit: 10
|
|
July 02, 2014, 01:09:48 PM |
|
I only don't worry about price?! yesterday arrived my new video card - I made a good deal I keep mining VTC - do it and you greater difficulty = bye bye bye multipool = no dump good luck, how much you pay for electricity, also mine and keep don't dump i have a couple of those same exact GPUs in my dedicated gaming rig in my country 1 kw/h - day tariff 0,077358974 EUR 1 kw/h - night tariff 0,048502564 EUR BUT electricity is not discussed at this stage / one day you will remember about me / PS as I took them at a very good price my electricity is even cheaper , 0.03 ~ 0.05$ / KwH it will always be profitable for me to mine and dump but i'm not gonna do this ever not selling my vtc @ these pathetic prices .... |
|
|
|
|
|
iGoodw1n
|
|
July 02, 2014, 01:12:11 PM |
|
That's what I am talking about...
Who will be attracted in the near future to generate that much buying pressure?
Btw. I think dark Is doing well! It was clear that it wont stay at the peak level(only naive people will think so!)
It is going through a lot of trouble/fud so taking this consideration drk is sustainable.
And it is way easier to buy 24btc rather than 350btc!
Est. ~22M Max Coins versus 84M Coins 350/4 = 87.5 btc It does not need to divide because inflation is in btc but is not in its own coin. then max marketcap of VTC is 4x bigger than max marketcap of DRK, using your method At current difficulty everyday are mined roughly 2000 drk. At current price of drk everyday is needed 24 btc for hold on price at current level. Everyday are mined 28800 vtc, so if price will be 0,012, market would be needed 345 btc for hold on price on that level. |
|
|
|
jk_14
Legendary
Offline
Activity: 1292
Merit: 1000
|
|
July 02, 2014, 01:18:10 PM |
|
That's what I am talking about...
Who will be attracted in the near future to generate that much buying pressure?
Btw. I think dark Is doing well! It was clear that it wont stay at the peak level(only naive people will think so!)
It is going through a lot of trouble/fud so taking this consideration drk is sustainable.
And it is way easier to buy 24btc rather than 350btc!
Est. ~22M Max Coins versus 84M Coins 350/4 = 87.5 btc It does not need to divide because inflation is in btc but is not in its own coin. then max marketcap of VTC is 4x bigger than max marketcap of DRK, using your method At current difficulty everyday are mined roughly 2000 drk. At current price of drk everyday is needed 24 btc for hold on price at current level. Everyday are mined 28800 vtc, so if price will be 0,012, market would be needed 345 btc for hold on price on that level. but: why 0.012 for VTC?  |
|
|
|
|
|
iGoodw1n
|
|
July 02, 2014, 01:21:11 PM |
|
That's what I am talking about...
Who will be attracted in the near future to generate that much buying pressure?
Btw. I think dark Is doing well! It was clear that it wont stay at the peak level(only naive people will think so!)
It is going through a lot of trouble/fud so taking this consideration drk is sustainable.
And it is way easier to buy 24btc rather than 350btc!
Est. ~22M Max Coins versus 84M Coins 350/4 = 87.5 btc It does not need to divide because inflation is in btc but is not in its own coin. then max marketcap of VTC is 4x bigger than max marketcap of DRK, using your method At current difficulty everyday are mined roughly 2000 drk. At current price of drk everyday is needed 24 btc for hold on price at current level. Everyday are mined 28800 vtc, so if price will be 0,012, market would be needed 345 btc for hold on price on that level. but: why 0.012 for VTC? Just for comparison inflation at the same price. |
|
|
|
|
