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Author Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer  (Read 1232466 times)
styxical
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July 13, 2014, 04:23:21 PM
 #11521

At this point, it's better to do something than not do anything at all.


I bet you're a fan of the TSA too?
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July 13, 2014, 04:28:39 PM
 #11522

@ Kartoffelknilch

There is nothing more to lose. Except 5% of our price everyday.
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July 13, 2014, 04:52:01 PM
 #11523

Changing anything on Vertcoin - other than scrypt-n diff to eject asics - will result in a loss of trust in the coin.

And yes, i am a miner.
And yes, i am selling some of my coins to pay my bills.
Why? Simple!
I have no big financial background to live from and have to feed my family and pay my bills.

If there is anything changed on the coin with any other target than to get ridd of asics, i'll quit mining VTC.

If the "investors" can't handle it, well, get out of VTC and buy and sell other coins.

But i am pretty sure, most of us miners will just quit VTC and change to another coin if the devs would play with blockreward or anything just to push the price a bit.

And guess what a coin without miners is...

God clueless answers like this tilt me to no end. As you say you are a miner and you sell your VTC to whom do you think ?

Saying to potential buyer to "fuck off" is a good plan to bust this coin. You don't care about the coin you only care about ROI.

And just FYI, VTC is no longer profitable to mine so I don't know what bills you are paying now but if this trend keeps up, well you know.
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July 13, 2014, 06:04:00 PM
 #11524

VERTCOIN IS DEAD. EVERYONE STOP MINING VTC AND BUY ALL THE VERTCOIN THEY IS AND DON'T SELL IT. AFTER ONE WEEK START MINING AGAIN AND VERTCOIN COMES ALIVE AGAIN !!!
rembrandtt
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July 13, 2014, 06:11:23 PM
 #11525

At this point, it's better to do something than not do anything at all.


I bet you're a fan of the TSA too?

I don't get what you mean.  I am however a fan of vertcoin.
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July 13, 2014, 06:12:16 PM
 #11526

VERTCOIN IS DEAD. EVERYONE STOP MINING VTC AND BUY ALL THE VERTCOIN THEY IS AND DON'T SELL IT. AFTER ONE WEEK START MINING AGAIN AND VERTCOIN COMES ALIVE AGAIN !!!


hmmmm no,
1: you can't get everyone to stop mining at the same time
2: VTC need miners for the network to work properly
3: Multipools would rape the coin even more
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July 13, 2014, 06:23:57 PM
 #11527

The difficulty is a major factor in the price, no one will sell if the difficulty is very high and the price is below the cost of electricity, then the price will go just up and up and UP

if I was a a large investor and If I had a lot of money, I'd invest in a large GPU farm for VertCoin

you ask Why?

if I do not have big Hash Power, and I just buy coins to invest ... I'm always at a loss, because there will always be people that will sell for a small profit .... maybe a beer

but if I have control over the difficulty, and buy it if the price will always be up and up

We need a big investor to invest in a big GPU farm for VertCoin


I already mining at a loss .... ie
money that can currently earn from vertcoin are less than the cost of my electricity
but I play on the long positions, I'll sell when I see a price of $ 10

a few weeks ago I invested more money on video cards, my friend asked me today .... what are you doing? why do you keep mining, I told him ..... you'll see .... things will change .... that's life there's always up and down



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javajeve
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July 13, 2014, 06:30:10 PM
 #11528

The difficulty is a major factor in the price, no one will sell if the difficulty is very high and the price is below the cost of electricity, then the price will go just up and up and UP

if I was a a large investor and If I had a lot of money, I'd invest in a large GPU farm for VertCoin

you ask Why?

if I do not have big Hash Power, and I just buy coins to invest ... I'm always at a loss, because there will always be people that will sell for a small profit .... maybe a beer

but if I have control over the difficulty, and buy it if the price will always be up and up

We need a big investor to invest in a big GPU farm for VertCoin


I already mining at a loss .... ie
money that can currently earn from vertcoin are less than the cost of my electricity
but I play on the long positions, I'll sell when I see a price of $ 10

a few weeks ago I invested more money on video cards, my friend asked me today .... what are you doing? why do you keep mining, I told him ..... you'll see .... things will change .... that's life there's always up and down

http://i61.tinypic.com/21dkbc2.jpg

Silence
My 2 cent





All the money you spend all g-cards etc.. you could have  bought 1000's of vert coin and would have been ahead big time
that was a wrong move
mig5000
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July 13, 2014, 06:34:13 PM
 #11529

The difficulty is a major factor in the price, no one will sell if the difficulty is very high and the price is below the cost of electricity, then the price will go just up and up and UP

if I was a a large investor and If I had a lot of money, I'd invest in a large GPU farm for VertCoin

you ask Why?

if I do not have big Hash Power, and I just buy coins to invest ... I'm always at a loss, because there will always be people that will sell for a small profit .... maybe a beer

but if I have control over the difficulty, and buy it if the price will always be up and up

We need a big investor to invest in a big GPU farm for VertCoin


I already mining at a loss .... ie
money that can currently earn from vertcoin are less than the cost of my electricity
but I play on the long positions, I'll sell when I see a price of $ 10

a few weeks ago I invested more money on video cards, my friend asked me today .... what are you doing? why do you keep mining, I told him ..... you'll see .... things will change .... that's life there's always up and down



Silence
My 2 cent




lol sorry but this is completely retarded. Epic in fact.

Buying a rig is probably ~1.5k for 500-600 kh/s of vertcoin. Buying vertcoin would have given you ~3k coin and mining it will almost never give you remotely close to this amount and you have to factor work + cost electricity.
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July 13, 2014, 06:35:10 PM
Last edit: July 13, 2014, 06:53:20 PM by rembrandtt
 #11530

Changing anything on Vertcoin - other than scrypt-n diff to eject asics - will result in a loss of trust in the coin.

And yes, i am a miner.
And yes, i am selling some of my coins to pay my bills.
Why? Simple!
I have no big financial background to live from and have to feed my family and pay my bills.

If there is anything changed on the coin with any other target than to get ridd of asics, i'll quit mining VTC.

If the "investors" can't handle it, well, get out of VTC and buy and sell other coins.

But i am pretty sure, most of us miners will just quit VTC and change to another coin if the devs would play with blockreward or anything just to push the price a bit.

And guess what a coin without miners is...

Just to let you know, I do have some VTC but I already accept the loss and not hoping to get my money back so it's not about personal gain.  I'm making it up by mining other P&D coins.  I still however hope that VTC succeeds because of its noble intention to digital currency.

There are not enough VTC supporters.  VTC needs to reach out to new buyers.  Like I said earlier, the perception is not looking good.  Having a series of in-depth discussion then not take action means "there is a crisis and we don't know where to begin".  It is not instilling confidence to potential buyers or merchants.
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July 13, 2014, 06:39:06 PM
 #11531

Changing anything on Vertcoin - other than scrypt-n diff to eject asics - will result in a loss of trust in the coin.

And yes, i am a miner.
And yes, i am selling some of my coins to pay my bills.
Why? Simple!
I have no big financial background to live from and have to feed my family and pay my bills.

If there is anything changed on the coin with any other target than to get ridd of asics, i'll quit mining VTC.

If the "investors" can't handle it, well, get out of VTC and buy and sell other coins.

But i am pretty sure, most of us miners will just quit VTC and change to another coin if the devs would play with blockreward or anything just to push the price a bit.

And guess what a coin without miners is...

Just to let you know, I do have some VTC but I already accept the loss and not hoping to get my money back so it's not able personal gain.  I'm making it up by mining other P&D coins.  I still however hope that VTC succeeds because of its noble intention to digital currency.

There are not enough VTC supporters.  VTC needs to reach out to new buyers.  Like I said earlier, the perception is not looking good.  Having a series of in-depth discussion then not take action means "there is a crisis and we don't know where to begin".  It is not instilling confidence to potential buyers or merchants.

What coins are u mining now? I was thinking of dumping VTC and mining other coins like you.
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July 13, 2014, 06:39:23 PM
 #11532

The difficulty is a major factor in the price, no one will sell if the difficulty is very high and the price is below the cost of electricity, then the price will go just up and up and UP

if I was a a large investor and If I had a lot of money, I'd invest in a large GPU farm for VertCoin

you ask Why?

if I do not have big Hash Power, and I just buy coins to invest ... I'm always at a loss, because there will always be people that will sell for a small profit .... maybe a beer

but if I have control over the difficulty, and buy it if the price will always be up and up

We need a big investor to invest in a big GPU farm for VertCoin


I already mining at a loss .... ie
money that can currently earn from vertcoin are less than the cost of my electricity
but I play on the long positions, I'll sell when I see a price of $ 10

a few weeks ago I invested more money on video cards, my friend asked me today .... what are you doing? why do you keep mining, I told him ..... you'll see .... things will change .... that's life there's always up and down



Silence
My 2 cent




Nobody is going to invest large amounts unless there is some clarity in the direction. Everyone is in agreement that Vtc is a great coin. The devs have surprised me with with their resilience, I was worried that they would abandon the project or at the very least stop spending so much time on it when things began to go sideways. They didnt and they at the moment are Vert's strongest point. But everyone needs to come into agreement on whether to sit back and hope for the best, or implement dramatic changes. I cant offer any solutions on any tech changes.

source: Investor ready to get back into Vtc in a very substantial way but reluctant due to too much uncertainty.
styxical
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July 13, 2014, 06:42:01 PM
 #11533

At this point, it's better to do something than not do anything at all.


I bet you're a fan of the TSA too?

I don't get what you mean.  I am however a fan of vertcoin.

That I have to explain it, I think, speaks for itself. You'd rather do something, without guarantee that it's the right thing to do, just to keep up the pretense that we are doing something (this is the TSA ethos Roll Eyes ). I'd much prefer that if we're going to do something, the devs make sure they are doing the right thing, instead of just doing whatever any random person says.

For example, shark bite modification - that idea was started in this thread (by a random person), and clearly the devs have been playing with it. It looks like a good idea and it could help with some of our problem. People advocating for slashing block rewards have NO IDEA if it will help or not, and there is lots of evidence to suggest that it will not help.
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July 13, 2014, 07:00:21 PM
 #11534

Changing anything on Vertcoin - other than scrypt-n diff to eject asics - will result in a loss of trust in the coin.

And yes, i am a miner.
And yes, i am selling some of my coins to pay my bills.
Why? Simple!
I have no big financial background to live from and have to feed my family and pay my bills.

If there is anything changed on the coin with any other target than to get ridd of asics, i'll quit mining VTC.

If the "investors" can't handle it, well, get out of VTC and buy and sell other coins.

But i am pretty sure, most of us miners will just quit VTC and change to another coin if the devs would play with blockreward or anything just to push the price a bit.

And guess what a coin without miners is...

God clueless answers like this tilt me to no end. As you say you are a miner and you sell your VTC to whom do you think ?

Saying to potential buyer to "fuck off" is a good plan to bust this coin. You don't care about the coin you only care about ROI.

And just FYI, VTC is no longer profitable to mine so I don't know what bills you are paying now but if this trend keeps up, well you know.
Yes... i am just a clueless miner and that's the reason i am mining VTC and not DRK or anything else... Roll Eyes
I am not saying "fuck off" to potential buyers, i say "shut up" and "stop being greedy" to self-appointed "investors" and "crypto gurus".

And just FYI, if VTC would be no longer profitable for me, i would mine on for another 1-2 month and put away my VTC and will just wait till it is profitable again.
And my bills are getting payed not only from VTC you know... its called "work", you should try it out some day...

In my realm VTC is called "future investment" because fiat is just a deadend.
Any coin with asics/fpga is just for the big money to make even more money. VTC is the best opportunity for a down-market to get accepted.

Golden rule #1: Never gamble with money you need for a reasonable subsistence!

If you mess with rule No. 1 you deserve a swift kick to your nuts!

Golden rule #2: Greed eats brain!
WHaze
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July 13, 2014, 07:06:32 PM
 #11535

Changing anything on Vertcoin - other than scrypt-n diff to eject asics - will result in a loss of trust in the coin.

And yes, i am a miner.
And yes, i am selling some of my coins to pay my bills.
Why? Simple!
I have no big financial background to live from and have to feed my family and pay my bills.

If there is anything changed on the coin with any other target than to get ridd of asics, i'll quit mining VTC.

If the "investors" can't handle it, well, get out of VTC and buy and sell other coins.

But i am pretty sure, most of us miners will just quit VTC and change to another coin if the devs would play with blockreward or anything just to push the price a bit.

And guess what a coin without miners is...

God clueless answers like this tilt me to no end. As you say you are a miner and you sell your VTC to whom do you think ?

Saying to potential buyer to "fuck off" is a good plan to bust this coin. You don't care about the coin you only care about ROI.

And just FYI, VTC is no longer profitable to mine so I don't know what bills you are paying now but if this trend keeps up, well you know.
Yes... i am just a clueless miner and that's the reason i am mining VTC and not DRK or anything else... Roll Eyes
I am not saying "fuck off" to potential buyers, i say "shut up" and "stop being greedy" to self-appointed "investors" and "crypto gurus".

And just FYI, if VTC would be no longer profitable for me, i would mine on for another 1-2 month and put away my VTC and will just wait till it is profitable again.
And my bills are getting payed not only from VTC you know... its called "work", you should try it out some day...

In my realm VTC is called "future investment" because fiat is just a deadend.
Any coin with asics/fpga is just for the big money to make even more money. VTC is the best opportunity for a down-market to get accepted.

Golden rule #1: Never gamble with money you need for a reasonable subsistence!

If you mess with rule No. 1 you deserve a swift kick to your nuts!

Golden rule #2: Greed eats brain!


Amen to that brother !

Anyway, only 3 guys want to halve the block reward: Mig, Jiggy and Darkota

Only 3 fuckers...but they make a lot of noise because they fear for their investment.  Poor babies, i'm gonna cwyyyy.

Seriously, guys, grow some balls, it's ridiculous to compromise the coin just for you to get back your investment quickly.
styxical
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July 13, 2014, 07:13:05 PM
 #11536

The only way we could consider halving is if we gave lots of advanced notice of the updated halving schedule. Something like halve after one year + go to smooth scaling block reward. Even that seems shady though. Faster halving won't help if there is still no demand for the coin.
WHaze
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July 13, 2014, 07:16:50 PM
 #11537

The only way we could consider halving is if we gave lots of advanced notice of the updated halving schedule. Something like halve after one year + go to smooth scaling block reward. Even that seems shady though. Faster halving won't help if there is still no demand for the coin.

The only way to even consider halving would be to be sure that it would help the coin long term and not just result in a pump.

And, there are no proofs of that. On the contrary, coins that did this had a pump then dived.


The only real answer is DEMAND ! As I stated before, price is not made by the block reward but by offer and demand !

Even if we halve, if there's no demand, the price will dive even more.

The only thing we can do for now is to advertise...but right now is a bad time for cryptos. Every coin is diving, not only VTC.

We must advertise actively and wait for the general atmosphere in cryptos to be a little better. Also, summer is always a low period for cryptos.
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July 13, 2014, 07:17:28 PM
 #11538

Changing anything on Vertcoin - other than scrypt-n diff to eject asics - will result in a loss of trust in the coin.

And yes, i am a miner.
And yes, i am selling some of my coins to pay my bills.
Why? Simple!
I have no big financial background to live from and have to feed my family and pay my bills.

If there is anything changed on the coin with any other target than to get ridd of asics, i'll quit mining VTC.

If the "investors" can't handle it, well, get out of VTC and buy and sell other coins.

But i am pretty sure, most of us miners will just quit VTC and change to another coin if the devs would play with blockreward or anything just to push the price a bit.

And guess what a coin without miners is...

God clueless answers like this tilt me to no end. As you say you are a miner and you sell your VTC to whom do you think ?

Saying to potential buyer to "fuck off" is a good plan to bust this coin. You don't care about the coin you only care about ROI.

And just FYI, VTC is no longer profitable to mine so I don't know what bills you are paying now but if this trend keeps up, well you know.
Yes... i am just a clueless miner and that's the reason i am mining VTC and not DRK or anything else... Roll Eyes
I am not saying "fuck off" to potential buyers, i say "shut up" and "stop being greedy" to self-appointed "investors" and "crypto gurus".

And just FYI, if VTC would be no longer profitable for me, i would mine on for another 1-2 month and put away my VTC and will just wait till it is profitable again.
And my bills are getting payed not only from VTC you know... its called "work", you should try it out some day...

In my realm VTC is called "future investment" because fiat is just a deadend.
Any coin with asics/fpga is just for the big money to make even more money. VTC is the best opportunity for a down-market to get accepted.

Golden rule #1: Never gamble with money you need for a reasonable subsistence!

If you mess with rule No. 1 you deserve a swift kick to your nuts!

Golden rule #2: Greed eats brain!


Amen to that brother !

Anyway, only 3 guys want to halve the block reward: Mig, Jiggy and Darkota

Only 3 fuckers...but they make a lot of noise because they fear for their investment.  Poor babies, i'm gonna cwyyyy.

Seriously, guys, grow some balls, it's ridiculous to compromise the coin just for you to get back your investment quickly.

Stop it. Its not just 3 people. This thread is not the be all end all. Only 7-10 post here regularly. The discussion is going on in other places too.
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July 13, 2014, 07:22:15 PM
 #11539

Changing anything on Vertcoin - other than scrypt-n diff to eject asics - will result in a loss of trust in the coin.

And yes, i am a miner.
And yes, i am selling some of my coins to pay my bills.
Why? Simple!
I have no big financial background to live from and have to feed my family and pay my bills.

If there is anything changed on the coin with any other target than to get ridd of asics, i'll quit mining VTC.

If the "investors" can't handle it, well, get out of VTC and buy and sell other coins.

But i am pretty sure, most of us miners will just quit VTC and change to another coin if the devs would play with blockreward or anything just to push the price a bit.

And guess what a coin without miners is...

God clueless answers like this tilt me to no end. As you say you are a miner and you sell your VTC to whom do you think ?

Saying to potential buyer to "fuck off" is a good plan to bust this coin. You don't care about the coin you only care about ROI.

And just FYI, VTC is no longer profitable to mine so I don't know what bills you are paying now but if this trend keeps up, well you know.
Yes... i am just a clueless miner and that's the reason i am mining VTC and not DRK or anything else... Roll Eyes
I am not saying "fuck off" to potential buyers, i say "shut up" and "stop being greedy" to self-appointed "investors" and "crypto gurus".

And just FYI, if VTC would be no longer profitable for me, i would mine on for another 1-2 month and put away my VTC and will just wait till it is profitable again.
And my bills are getting payed not only from VTC you know... its called "work", you should try it out some day...

In my realm VTC is called "future investment" because fiat is just a deadend.
Any coin with asics/fpga is just for the big money to make even more money. VTC is the best opportunity for a down-market to get accepted.

Golden rule #1: Never gamble with money you need for a reasonable subsistence!

If you mess with rule No. 1 you deserve a swift kick to your nuts!

Golden rule #2: Greed eats brain!


Amen to that brother !

Anyway, only 3 guys want to halve the block reward: Mig, Jiggy and Darkota

Only 3 fuckers...but they make a lot of noise because they fear for their investment.  Poor babies, i'm gonna cwyyyy.

Seriously, guys, grow some balls, it's ridiculous to compromise the coin just for you to get back your investment quickly.

Stop it. Its not just 3 people. This thread is not the be all end all. Only 7-10 post here regularly. The discussion is going on in other places too.

Of course there are more than 3 people. But those particular 3 are nasty as fuck, they are pests. No arguments, nothing but name calling.
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July 13, 2014, 07:27:08 PM
Last edit: July 13, 2014, 08:03:08 PM by Jiggy0001
 #11540

Changing anything on Vertcoin - other than scrypt-n diff to eject asics - will result in a loss of trust in the coin.

And yes, i am a miner.
And yes, i am selling some of my coins to pay my bills.
Why? Simple!
I have no big financial background to live from and have to feed my family and pay my bills.

If there is anything changed on the coin with any other target than to get ridd of asics, i'll quit mining VTC.

If the "investors" can't handle it, well, get out of VTC and buy and sell other coins.

But i am pretty sure, most of us miners will just quit VTC and change to another coin if the devs would play with blockreward or anything just to push the price a bit.

And guess what a coin without miners is...

God clueless answers like this tilt me to no end. As you say you are a miner and you sell your VTC to whom do you think ?

Saying to potential buyer to "fuck off" is a good plan to bust this coin. You don't care about the coin you only care about ROI.

And just FYI, VTC is no longer profitable to mine so I don't know what bills you are paying now but if this trend keeps up, well you know.
Yes... i am just a clueless miner and that's the reason i am mining VTC and not DRK or anything else... Roll Eyes
I am not saying "fuck off" to potential buyers, i say "shut up" and "stop being greedy" to self-appointed "investors" and "crypto gurus".

And just FYI, if VTC would be no longer profitable for me, i would mine on for another 1-2 month and put away my VTC and will just wait till it is profitable again.
And my bills are getting payed not only from VTC you know... its called "work", you should try it out some day...

In my realm VTC is called "future investment" because fiat is just a deadend.
Any coin with asics/fpga is just for the big money to make even more money. VTC is the best opportunity for a down-market to get accepted.

Golden rule #1: Never gamble with money you need for a reasonable subsistence!

If you mess with rule No. 1 you deserve a swift kick to your nuts!

Golden rule #2: Greed eats brain!


Amen to that brother !

Anyway, only 3 guys want to halve the block reward: Mig, Jiggy and Darkota

Only 3 fuckers...but they make a lot of noise because they fear for their investment.  Poor babies, i'm gonna cwyyyy.

Seriously, guys, grow some balls, it's ridiculous to compromise the coin just for you to get back your investment quickly.

Stop it. Its not just 3 people. This thread is not the be all end all. Only 7-10 post here regularly. The discussion is going on in other places too.

Of course there are more than 3 people. But those particular 3 are nasty as fuck, they are pests. No arguments, nothing but name calling.
poor poor boy....
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