Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer

[BorisTheSpider]

Big dump of 29 btc on coinedup 

That's big? Wait until people who are holding DOGE start selling it in quantity to buy this instead...

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[Wolf Rainer]

Big dump of 29 btc on coinedup 

Big PUMP of 9 BTC on Poloniex.

[BorisTheSpider]

I had a look into the Blockexplorer zo check how much coins are generated and how good KWD works.

There are around 30-35 Block / h = Blocktime of around 110 seconds
Estimated is 150 seconds

Yes, a couple of days back it was coping with (what I thought at the time was) a rapid growth of hashrate. This kind of explosion, you wouldn't actually want it to adjust so fast - the issue is, the blocktimes could be short because of variance then KGW would actually strand the network through overadjusting. There's a lot of smoothing built in to make sure that doesn't happen. Blocktimes will "catch up" and extend, but it might take a few more hours, and if hashrate increase (and it's 2nd derivative) keep increasing like this, somewhat shorter blocks (like you said, ~75% of expected blocktime) might happen for a while, which will only serve to encourage more miners - you get the picture.

[pearstar20]

Is there any way to mine this thing with 3-4gpu on a single mobo?  I have 3 gpus atm.. Anyhow i try, 1 gpu is off and only 2 works.

[BorisTheSpider]

I'm in a magnanamous mood, so I just felt like posting - I think everyone here who's been along with VTC since the 0.0001 days, should feel very grateful towards CoinedUp. It might be like an old car that keeps breaking down but you can't afford to replace it yet, but it gave VTC somewhere to incubate, with a proper trading platform (albeit not the most modern or functional) and somewhere people actually trust to send and hold funds. It brought investors to VTC, and let interested parties start seeing, on an open exchange, that there really isn't much desire to sell this stuff - that's why we're seeing the price action we have begun to see now.

Thanks CoinedUp.

[BorisTheSpider]

Is there any way to mine this thing with 3-4gpu on a single mobo?  I have 3 gpus atm.. Anyhow i try, 1 gpu is off and only 2 works.

Yes, it's no different to any other coin in this regard, I'm mining with a 4 GPU rig here right now.

Are you using the vertminer (latest) from vertcoin.org ?

Please post here instead to get set up - it helps keep the main thread uncluttered: https://bitcointalk.org/index.php?topic=416572.new#new

[prometheianz]

Big dump of 29 btc on coinedup 

A bit worrying. What happens when Middlecoin jumps on this?

[twoez]

Big dump of 29 btc on coinedup 

That's big? Wait until people who are holding DOGE start selling it in quantity to buy this instead...

Well you can't realy say that it's no bump in the road. Waiting for that 29 btc to clearup and then its boom up, up, up.

[pharrisee]

I'm in a magnanamous mood, so I just felt like posting - I think everyone here who's been along with VTC since the 0.0001 days, should feel very grateful towards CoinedUp. It might be like an old car that keeps breaking down but you can't afford to replace it yet, but it gave VTC somewhere to incubate, with a proper trading platform (albeit not the most modern or functional) and somewhere people actually trust to send and hold funds. It brought investors to VTC, and let interested parties start seeing, on an open exchange, that there really isn't much desire to sell this stuff - that's why we're seeing the price action we have begun to see now.

Thanks CoinedUp.

Seconded mate, coinedup has done us proud. It's the tortoise to the cryptsy hare.

[BorisTheSpider]

A bit worrying. What happens when Middlecoin jumps on this?

Why? Selling is a normal part of any market - new supply needs to be absorbed, and that is normal and healthy.

The multipools aren't mining this because they probably have enough tech support headaches as it is, without being responsible for a mining client that merges this in with everything else they mine. Whether or not we'll see a multipool merge it in, I am not offering an opinion as such - I do believe it's possible we will see that, but I also think there are barriers to them doing so and there are easier fish to fry.

[lyaffe2]

I keep having problems configurating my small rig witg vertcoin. I use the dedicated cgminer from vertcoin.

2x 7950 CLUB 3D 13oc and 4gb system ram. used different intensitys and configs but the following error keeps showing:

http://i58.tinypic.com/2h2i8hu.png

middlecoin at normal cgminer works fine generating a stable 1.3mhs.

Someone seen this before and got some tips?

Thanks!

I had this problem, you have to set --thread-concurrency to a lower value. I'm currently using --thread-concurrency 2048 but I'm still tuning.

[bengtåke]

I'm in a magnanamous mood, so I just felt like posting - I think everyone here who's been along with VTC since the 0.0001 days, should feel very grateful towards CoinedUp. It might be like an old car that keeps breaking down but you can't afford to replace it yet, but it gave VTC somewhere to incubate, with a proper trading platform (albeit not the most modern or functional) and somewhere people actually trust to send and hold funds. It brought investors to VTC, and let interested parties start seeing, on an open exchange, that there really isn't much desire to sell this stuff - that's why we're seeing the price action we have begun to see now.

Thanks CoinedUp.

Seconded mate, coinedup has done us proud. It's the tortoise to the cryptsy hare. crippled snail

FTFY

[BorisTheSpider]

Some sums:

At equal market cap as Dogecoin, VTC is worth $37, or 0.04 BTC

At equal market cap as Litecoin, VTC is worth $350, or 16.6 LTC, or 0.38 BTC

At equal market cap as Bitcoin, VTC is worth $6826, or 7.4 BTC

[Romir]

Is there any way to mine this thing with 3-4gpu on a single mobo?  I have 3 gpus atm.. Anyhow i try, 1 gpu is off and only 2 works.

I had to go from 4gb to 8gb of RAM to get my 4th gpu to work. But you probably have 4gb already so I don't know...

[Xperianz]

Join us today

[mfpowernl]

Some sums:

At equal market cap as Dogecoin, VTC is worth $37, or 0.04 BTC

At equal market cap as Litecoin, VTC is worth $350, or 16.6 LTC, or 0.38 BTC

At equal market cap as Bitcoin, VTC is worth $6826, or 7.4 BTC

It will take over dogecoin soon but litecoin and bitcoin it gone take some longer time!

[ottobene]

very joy that a few weeks ago has mined these coins . But why price of this coin so dramatically jumped?

[feeleep]

Just opened new pool (vardiff, proportional, 0% fee)

https://www2.coinmine.pl/vtc/
Primary Node: mine1.coinmine.pl:6350

[straightcoinage]

In following vertcoin today on Cryptsy, you have to pay about $10 per VTC no matter what coinmarketcap says the current price is. There must be a lot of traders on cryptsy that have been waiting for them to offer VTC on the exchange 

I'm interested in investing in vertcoin, but I have one concern: Is there anything stopping other scrypt coins from implementing Adaptive N-Factor, thus diminishing the appeal of vertcoin?

[YoyodyneSystems]

Is there anything stopping other scrypt coins from implementing Adaptive N-Factor and thus diminishing the appeal of vertcoin?

This is the question of the day. ^^^ Anyone?
Can other coins hardfork into Nfactor?

I was wondering this myself. As I said earlier I think ALL new Alts will adopt ASIC proof coding after seeing Vertcoin
get this big this fast.

Vert can still be the LTC(BTC) killer. But it will be amazing to see all new ALTs become clones of VERT.