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

[lagur]

So people are coming to the realization that this coin, while slightly innovative, still isn't ASIC proof as is being promoted. This probably explains the massive drop in price.

That's not the reason at all. A retracement after the HUGE gain this coin has had is expected. Almost all crypto is down today, as well.

This... apparently bitcoin massive drop affects almost all coins.

[turtoro]

So people are coming to the realization that this coin, while slightly innovative, still isn't ASIC proof as is being promoted. This probably explains the massive drop in price.

Its asic resistant. Asic proof in the sense  that it would be economically unfeasible to go into vtc

"massive price drop" ...After the massive run up, and considering what the overall market is doing, Vtc is holding steady, as it should be.

[alinuxandre]

I can not synchronize my wallet, can someone help me?

[nonny12]

I can not synchronize my wallet, can someone help me?

Did you follow the instructions to add nodes in the first post of the thread? Try that if you haven't.

[Basnoff]

I can not synchronize my wallet, can someone help me?

alinuxandre,

Have you added the addnode lines (see first page) to the Vertcoin.conf file?

[alinuxandre]

I can not synchronize my wallet, can someone help me?

Did you follow the instructions to add nodes in the first post of the thread? Try that if you haven't.

I do not know how to create the file. Can you help me?

[aleks648]

Vtc.Kilovolt.co.uk is back and running on high voltage!  Trusted pool run by Aleks_N.

Traditional pool available for VTC, running vardiff and prop payout.

MPOS pool: http://vtc.kilovolt.co.uk




We are back and running at 0% fees to bring users back.  Also will offer a 10VTC block finders bonus for the next 10 blocks found.  So point your miners back to us and reap the rewards.

Find me on the #vertcoin IRC channel on freenode.  Username Aleks_N.

[jballs]

So people are coming to the realization that this coin, while slightly innovative, still isn't ASIC proof as is being promoted. This probably explains the massive drop in price.

Its asic resistant. Asic proof in the sense  that it would be economically unfeasible to go into vtc

"massive price drop" ...After the massive run up, and considering what the overall market is doing, Vtc is holding steady, as it should be.

VTC is not dropping massively in price. It gained most everything over .005 in a few hours and gave it back in a few more hours. And this drop is 1,000% because Bitcoin/Litecoin are getting trashed. It has nothing to do with VTC aside from short run panic selling. The market LOVES Vertcoin. It would not be holding such a high price if this were not so. Find another altcoin that has increased in value as soon after launch as VTC. Find another coin that isn't getting trashed right now. Litecoin last is $17.70 down from $21 when VTC was trading LOWER than it is right now.

Perspective people. If bitcoin crashes further all bets are off, aside from I will be holding 100% VTC still because it is the only logical place to be when the hordes want out of BTC and LTC and have nowhere to run but here.

They have to know where here is though so tell a bitcoin friend.

[turtoro]

So people are coming to the realization that this coin, while slightly innovative, still isn't ASIC proof as is being promoted. This probably explains the massive drop in price.

Its asic resistant. Asic proof in the sense  that it would be economically unfeasible to go into vtc

"massive price drop" ...After the massive run up, and considering what the overall market is doing, Vtc is holding steady, as it should be.

VTC is not dropping massively in price. It gained most everything over .005 in a few hours and gave it back in a few more hours. And this drop is 1,000% because Bitcoin/Litecoin are getting trashed. It has nothing to do with VTC aside from short run panic selling. The market LOVES Vertcoin. It would not be holding such a high price if this were not so. Find another altcoin that has increased in value as soon after launch as VTC. Find another coin that isn't getting trashed right now. Litecoin last is $17.70 down from $21 when VTC was trading LOWER than it is right now.

Perspective people. If bitcoin crashes further all bets are off, aside from I will be holding 100% VTC still because it is the only logical place to be when the hordes want out of BTC and LTC and have nowhere to run but here.

They have to know where here is though so tell a bitcoin friend.

+1

[Basnoff]

I can not synchronize my wallet, can someone help me?

Did you follow the instructions to add nodes in the first post of the thread? Try that if you haven't.

I do not know how to create the file. Can you help me?

Alinuxandre,

Just make a text file (in notepad if you use windows) and name it vertcoin.conf, then select all the addnode lines on the first page of this thread, and copy them.

Paste them in vertcoin.conf.

Save the file (ignore the warnings about the file extension), and place it in c:\users\YOUR-NAME\appdata\roaming\vertcoin\

[Rantzbitz]

i see it's already there in cryptsy. good coin.

Coinedup has dramatically improved the last couple days and I highly recommend moving your money to there or poloniex. This nonsense about deposits and withdrawal being "under maintenance" is probably some sort of price manipulation.  Dont know but that site blows and you have a lot of alternatives.  Bter.com also.    

coinedup working great since last-nights server reboot

[Basnoff]

i see it's already there in cryptsy. good coin.

Coinedup has dramatically improved the last couple days and I highly recommend moving your money to there or poloniex. This nonsense about deposits and withdrawal being "under maintenance" is probably some sort of price manipulation.  Dont know but that site blows and you have a lot of alternatives.  Bter.com also.    

coinedup working great since last-nights server reboot

Oh wow... It is! Less than a second, even on my tablet!

[blacklig]

So people are coming to the realization that this coin, while slightly innovative, still isn't ASIC proof as is being promoted. This probably explains the massive drop in price.

Its asic resistant. Asic proof in the sense  that it would be economically unfeasible to go into vtc

"massive price drop" ...After the massive run up, and considering what the overall market is doing, Vtc is holding steady, as it should be.

VTC is not dropping massively in price. It gained most everything over .005 in a few hours and gave it back in a few more hours. And this drop is 1,000% because Bitcoin/Litecoin are getting trashed. It has nothing to do with VTC aside from short run panic selling. The market LOVES Vertcoin. It would not be holding such a high price if this were not so. Find another altcoin that has increased in value as soon after launch as VTC. Find another coin that isn't getting trashed right now. Litecoin last is $17.70 down from $21 when VTC was trading LOWER than it is right now.

Perspective people. If bitcoin crashes further all bets are off, aside from I will be holding 100% VTC still because it is the only logical place to be when the hordes want out of BTC and LTC and have nowhere to run but here.

They have to know where here is though so tell a bitcoin friend.

so jBalls, when PR articles at prnewswire will hit the scene? This would help VTC dramatically.. And you got VTC from fund for this.. :/ but I cant still see them..
I dont think saying VTC is falling because btc is falling is right... if btc is falling, its falling against dolallar.. VTC should keep its parity against btc.. VTC could be falling against dollar as well, but not against btc which is already falling againgst btc..

[jballs]

Here is where we are at for those with very short attention spans





Here is LTC over the very same timeframe.





The highs coincide with Mt Gox related panic selling in BTC and is hitting the altcoins across the board. Unfortunately tha hit just as Vertcoin was making primetime.

We need to see BTC stabilizeto see VTC detach from broader market sentiment and trade on its own. Or coversely we may see an exodus from litecoin and the rest into VTC since it is so undervalued relative to the rest of the complex.

We are at the bottom of the range and panic selling now will likely be a bad idea, btc and ltc will get a bounce somewhere in here and the buyers will start looking for bargains.

Just my 2 cents.

[jballs]

Working on it. Kind of a full week. And if you cannot see the correlation between BTC being down 25% in a day and the weakness in all the altcoins... well lots of luck to you.

[luthan]

vertcoinheavyindustries.com has bfgminer listed in its getting started page.

does bfgminer work for vertcoin??  i was under the impression that it didnt.

[roy7]

I'm temporarily testing a change to p2pool on my east coast node. If you are a low speed miner (1-2 GPUs) you might want to mine with me overnight and see how your share graph looks in the morning, to help me test it out and see what happens. It should reduce share variance for smaller miners to match the same variance you'd get if you installed a local p2pool node on your own machine. (Running p2pool for yourself is still the best choice, but for people who use public nodes instead I'm trying to improve the experience a bit.)

http://vtc-us-east.royalminingco.com:9171/static/

Another option low speed miners have with P2POOL is to mine with "ADDRESSS/.00001" or similar. The /.00001 sets the difficulty you want as your share target. It won't ever go below "share difficulty" on the web interface to p2pool, but it will override vardiff. The issue small miners using large public nodes have is that by default vardiff operates on the hash rate of the node as a whole, not the individual miners. This is because p2pool is intended for every miner to install for themselves.

If you are a small miner and install your own p2pool node, you won't have the variance issues people are having on the public nodes since the node's speed would match your own speed.

[jballs]

Join the Official Vertcoin Forum --- http://Vertcointalk.org

Well done,

Thanks.

Hey Bengtake if you are lurking about. Could we get a VTC wallet update? Also if it is not too much trouble a bitcoin wallet update of the same stats would be great. I am putting together a "why vertcoin" sort of presentation here and those numbers are a big part of it.

Miners... I wonder if you are holding on account of how much harder it is to mine VTC. Seems a pretty stiff resistance on the sell walls to dip below 5. I am of course just talking/hoping my book but wonder if you are treating VTC any differently than the rest of the altcoins as far as selling goes.

Mt Gox dragging bitcoin down, sucks. VTC better alternative now regardless.

[Basnoff]

I'm treating it differently. Sold doge, smc, sat and utc, bought vtc, mining vtc and holding.

I believe in the technical superiority of this coin.

(And have been mining Litecoins for months before that. Stopped LTC early january.)

[bengtåke]

Join the Official Vertcoin Forum --- http://Vertcointalk.org

Well done,

Thanks.

Hey Bengtake if you are lurking about. Could we get a VTC wallet update? Also if it is not too much trouble a bitcoin wallet update of the same stats would be great. I am putting together a "why vertcoin" sort of presentation here and those numbers are a big part of it.

Miners... I wonder if you are holding on account of how much harder it is to mine VTC. Seems a pretty stiff resistance on the sell walls to dip below 5. I am of course just talking/hoping my book but wonder if you are treating VTC any differently than the rest of the altcoins as far as selling goes.

Mt Gox dragging bitcoin down, sucks. VTC better alternative now regardless.

I don't have a full bitcoin chain available, but you can find the data you want here: http://bitcoinrichlist.com/charts/bitcoin-distribution-by-address?atblock=280000

Also guess I forgot to send you the link; http://graph.vertcoin.org/balance_count.json <-- this is updated every 2 hours

each entry looks like: "1-9":  {"numaddresses": 3045, "percentall": 0.742, "totalowned": 11894.2694}
1-9 = balance range
numaddresses = number of address in this range
percentall = how many percent of their total holdings account of the total coins minted so far
totalowned = how many coins all of the addresses in this range hold together