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

[mmouse]

Can anybody explain to me, what this 2 VTC buy-and-sell-bot on Cryptsy tries to achieve?



This seems completely stupid to me...

[kahir]

Can anybody explain to me, what this 2 VTC buy-and-sell-bot on Cryptsy tries to achieve?



This seems completely stupid to me...

making volume out of nothing .... who knows

[powercntrl]

if you have the same card able to convert:

a) 1$ of power cost per day into 2$ crypto value in x11
 or
b) 2$ of power cost per day into 4$ crypto value in n-scrypt

The long term winner should be option b)...

...and there is X11 fpga (and ASIC then) real risk also...

...and Nvidia 750Ti solves power usage and heat problem completely
(while AMD is nowadays just A Mining Dinosaur )

This depends on whether you're mining to hold or mining to dump.  If you're betting on the future of a coin by holding, you're essentially buying it with the cost of electricity used to mine it (rather than paying the higher market value of an exchange).  No, it may not give you as much BTC if you mine a higher profit coin and immediately dump it onto an exchange, but that's not really a good thing for the health of a coin if it just exists to con investors out of their BTC (regardless of whether you're holding the BTC or investing your profit in a different coin).

X11 FPGAs are a rumor.  There are a lot of GPU miners who have been pushed away from LTC (ASICs) and DOGE (reward halving) - they've gone to X11/X13, not Scrypt-N as VTC's developers predicted.  The big migration to Scrypt-N may never happen.

On the subject of GPU brands, if you've already invested in a rig, you use what you have.  There's really no good reason for anyone to be buying up GPUs today - profitability, even in "ASIC resistant" coins, is presently terrible.  Overall investor enthusiasm in altcoins in general is down.  Probably due to the multitude of crap coins being released every day.

[mig5000]

Yes, we will definitely pay your post lots of attention .. maybe not as much as you got with your 37 posts.

I'm not even sure why I'm trying to teach economics 101 to retarded believers. Vertcoin would drop an other 75% and people would still say "w/e in vertcoin we trust". I made 500% in 2 months not by going long with VTC. I like the coin and at one point I had 15 000 units of it playing it long, held them for > 2 months.

Someday you wake up with 50% less BTC than if you had kept them in BTC and you just give up. There is simply too much inflation to "hoard" VTC. VTC is not a good value keeper by any means even tho I would rate the potential of this coin higher than doge/ltc/etc.

I'm trying to give pertinent argumentation about why I think that and all you can say is "you just have 37 posts". I'm done losing my time trying to help retards.

You are welcome.

[jk_14]

if you have the same card able to convert:

a) 1$ of power cost per day into 2$ crypto value in x11
 or
b) 2$ of power cost per day into 4$ crypto value in n-scrypt

The long term winner should be option b)...

...and there is X11 fpga (and ASIC then) real risk also...

...and Nvidia 750Ti solves power usage and heat problem completely
(while AMD is nowadays just A Mining Dinosaur )

This depends on whether you're mining to hold or mining to dump.  If you're betting on the future of a coin by holding, you're essentially buying it with the cost of electricity used to mine it (rather than paying the higher market value of an exchange).  No, it may not give you as much BTC if you mine a higher profit coin and immediately dump it onto an exchange, but that's not really a good thing for the health of a coin if it just exists to con investors out of their BTC (regardless of whether you're holding the BTC or investing your profit in a different coin).

X11 FPGAs are a rumor.  There are a lot of GPU miners who have been pushed away from LTC (ASICs) and DOGE (reward halving) - they've gone to X11/X13, not Scrypt-N as VTC's developers predicted.  The big migration to Scrypt-N may never happen.

On the subject of GPU brands, if you've already invested in a rig, you use what you have.  There's really no good reason for anyone to be buying up GPUs today - profitability, even in "ASIC resistant" coins, is presently terrible.  Overall investor enthusiasm in altcoins in general is down.  Probably due to the multitude of crap coins being released every day.

X11 FPGA seems to be not a rumor:

https://www.betarigs.com/user/o2cad
&
https://darkcointalk.org/threads/darkcoin-fpga-mining-co-op.836/page-

Big migration probably will happen quite soon:
"The developer has clearly expressed that Darkcoin will follow the path of Bitcoin. CPU=>GPU=>ASIC."
https://bitcointalk.org/index.php?topic=404364.msg6749485#msg6749485

things are changing fast in cryptoland, so if you don't predict properly - you are quickly out
(I have swapped all my 7950 for 750Ti for example)

multitude of crap coins being released every day - but this sickness now is rather regarding to X11, than to N-scrypt

[btctradingonline]

i've just installed 14.4 final, scrypt-N drop speed from 355 to 210K, i'm trying to find the core/mem, but i can not increase my rig speed as same before. It makes hash rate X11 and X13 increasing.
Now, i have to re-install 13.12, Scrypt-N up tp 355Kh/s but X11 and X13 decrease as same old speed.

Anybody like that who can fix Scrypt-N speed with driver 14.4 ?

[ivanlabrie]

i've just installed 14.4 final, scrypt-N drop speed from 355 to 210K, i'm trying to find the core/mem, but i can not increase my rig speed as same before. It makes hash rate X11 and X13 increasing.
Now, i have to re-install 13.12, Scrypt-N up tp 355Kh/s but X11 and X13 decrease as same old speed.

Anybody like that who can fix Scrypt-N speed with driver 14.4 ?

14.4 frees up some cpu cycles with their new opencl implementation so folding at home and other algorithms that use more cpu benefit from it...

[jacob019]

So what's the best driver version to use?

[btctradingonline]

So what's the best driver version to use?

i don't know

14.4 best for X11 and X13, very bad for Scrypt-N

13.12 best for Scrypt-N now, but mining speed of X11 and X13 doesn't increase

What is your choice ?

And waiting for new driver 

[powercntrl]

X11 FPGA seems to be not a rumor:

https://www.betarigs.com/user/o2cad
&
https://darkcointalk.org/threads/darkcoin-fpga-mining-co-op.836/page-

Big migration probably will happen quite soon:
"The developer has clearly expressed that Darkcoin will follow the path of Bitcoin. CPU=>GPU=>ASIC."
https://bitcointalk.org/index.php?topic=404364.msg6749485#msg6749485

I've seen that betarigs rental and it could easily just be a troll with a GPU farm trying to stir things up.  Just because Darkcoin profitability sucks doesn't mean it's being mined by FPGAs, yet.  The amount of hash on Darkcoin could easily be explained by those who left DOGE and LTC, as you've gotta remember most GPUs easily do 2x the hash of Scrypt on X11.

I will agree that Darkcoin sucks for plenty of other reasons, though.  It was basically instamined due to the unfair block reward algorithm.  The 1000 coin requirement to be a masternode is primarily what's driving buy demand.  Once investors start realizing they'll never see a ROI and that legitimate merchants will never have anything to do with the coin, it's gonna dump harder than Auroracoin.

[jk_14]

The amount of hash on Darkcoin could easily be explained by those who left DOGE and LTC, as you've gotta remember most GPUs easily do 2x the hash of Scrypt on X11.

27 may:
http://liteshack.com/?coin=xc
~500GH/s + DRK hashrate +  hashrate of rest X11 coin
at least 200GH/s of scrypt decrease, but there was no sudden litecoin hashrate drop at all:
http://liteshack.com/?coin=ltc
At least a bit strange...

It's all well and good to say Scrypt-N would save GPU miners from ASICs, but Scrypt-N isn't the only game in town anymore.

&

Once investors start realizing they'll never see a ROI and that legitimate merchants will never have anything to do with the coin, it's gonna dump harder than Auroracoin.

so this should make more place in town for Scrypt-N...


and:

The biggest problem that I see with all Scrypt-N coins is the psychological factor of seeing half your normal hashrate.

There is just a GPU miner released for Monero, and hashrate is below 1kH/s per GPU - and I really doubt it will be any psychological problem there...

[dotnetmin]

Only want to bring it up again. Is it possible for devs to think about changing something with the inflation problem? Maybe something like sinking blockreward on higher nethash with a minimun and a maximun reward or a system that reduces reward for miners and share the difference with bagholders.

Momentary and in future i only see dumpminers who can mine at cheapest  energycostlevel.
Vtc is no longer interesting for bagholders.
Only thing i am still in vtc is that i belive you are a devteam that is able to change things if you want too.

[SnakeEater]

Honestly, I kept holding because of this dude
http://explorer.vertcoin.org/address/VtE5ZTHgAVrb1iLXMhjy9RDF3Eu6JmaRCq

He bought over $150,000 worth about a month ago, He never sold so I kept on holding

There is never a support of more than 20BTC or 30,000 VTC

You just need 10,000VTC you can perform wash trade VTC to 0.001 and hit hard double the holding of VTC easily with the same VTC.  Learn what is wash trade.  Since this is unregulated it is a heaven for price rigger.  And only crypto allows that and IMHO, crypto should be free of regulations and allows all kind of trading strategy.  Wall Street Wolf would love this to hell.

This will attract more wolf and increasing the participation which increase the trust financial experts.  I hope cryptsy can defend HFT robots trading and not crash by super computer.

[ghcannon]

Yes, we will definitely pay your post lots of attention .. maybe not as much as you got with your 37 posts.

I'm not even sure why I'm trying to teach economics 101 to retarded believers. Vertcoin would drop an other 75% and people would still say "w/e in vertcoin we trust". I made 500% in 2 months not by going long with VTC. I like the coin and at one point I had 15 000 units of it playing it long, held them for > 2 months.

Someday you wake up with 50% less BTC than if you had kept them in BTC and you just give up. There is simply too much inflation to "hoard" VTC. VTC is not a good value keeper by any means even tho I would rate the potential of this coin higher than doge/ltc/etc.

I'm trying to give pertinent argumentation about why I think that and all you can say is "you just have 37 posts". I'm done losing my time trying to help retards.

You are welcome.

Yeah, cool insulting is fine too i guess. It's ppl like you for the momentous profit that are sadly the culprits and (as of not to long ago) the drivers of the crypto market.

Economics on a alt-coin crypto market ? what are YOU smoking ?
You have only speculators and miners on the market, what kind of economics can u possibly have with this.

So you held 15k for 2 months ?! And I am the retard ? Seriously !? Like that inflation & profitability thing u just pointed out hit you too late ?

[jacob019]

Come on guys, take it outside.

Are there any VTC gambling sites?  I've got a hankering for some VTC roulette...

[mig5000]

Yes, we will definitely pay your post lots of attention .. maybe not as much as you got with your 37 posts.

I'm not even sure why I'm trying to teach economics 101 to retarded believers. Vertcoin would drop an other 75% and people would still say "w/e in vertcoin we trust". I made 500% in 2 months not by going long with VTC. I like the coin and at one point I had 15 000 units of it playing it long, held them for > 2 months.

Someday you wake up with 50% less BTC than if you had kept them in BTC and you just give up. There is simply too much inflation to "hoard" VTC. VTC is not a good value keeper by any means even tho I would rate the potential of this coin higher than doge/ltc/etc.

I'm trying to give pertinent argumentation about why I think that and all you can say is "you just have 37 posts". I'm done losing my time trying to help retards.

You are welcome.

Yeah, cool insulting is fine too i guess. It's ppl like you for the momentous profit that are sadly the culprits and (as of not to long ago) the drivers of the crypto market.

Economics on a alt-coin crypto market ? what are YOU smoking ?
You have only speculators and miners on the market, what kind of economics can u possibly have with this.

So you held 15k for 2 months ?! And I am the retard ? Seriously !? Like that inflation & profitability thing u just pointed out hit you too late ?

You should see each coin as a SHARE instead of a coin. Let me tell you that if/when a big company decides to EMIT 10% more shares to finance their operation that the price WILL tank quite a bit. VTC does EXACTLY that on a daily basis.

I have held 15k VTC for quite some time before realizing this simple concept. That's why POS are much more in demand now, they are more of an hybrid.

Look at it this way, if VTC market cap of 2M VTC is equalt to 200 BTC on march 2014, and that on July 2014 there is now 4M VTC on the market what should the price of 1 VTC on July 2014 be worth if there is no new demand, no new innovation and nothing really new to interest the investors/bad holders ? It's just simple math really. There is just WAY too much inflation and as interest come and go you are going to see PUMP and then slow decline, PUMP and slow decline. It's not that people are dumping their holdings, it's that new VTC are produced in too big quantity to be fully absorbed by the new investors. I believe that if VTC stop minting, the price would not only stabilize but increase in value slowly and steady, like NXT has been doing or BC or w/e.

[Lucky - Luciano]

Yes, we will definitely pay your post lots of attention .. maybe not as much as you got with your 37 posts.

I'm not even sure why I'm trying to teach economics 101 to retarded believers. Vertcoin would drop an other 75% and people would still say "w/e in vertcoin we trust". I made 500% in 2 months not by going long with VTC. I like the coin and at one point I had 15 000 units of it playing it long, held them for > 2 months.

Someday you wake up with 50% less BTC than if you had kept them in BTC and you just give up. There is simply too much inflation to "hoard" VTC. VTC is not a good value keeper by any means even tho I would rate the potential of this coin higher than doge/ltc/etc.

I'm trying to give pertinent argumentation about why I think that and all you can say is "you just have 37 posts". I'm done losing my time trying to help retards.

You are welcome.

Yeah, cool insulting is fine too i guess. It's ppl like you for the momentous profit that are sadly the culprits and (as of not to long ago) the drivers of the crypto market.

Economics on a alt-coin crypto market ? what are YOU smoking ?
You have only speculators and miners on the market, what kind of economics can u possibly have with this.

So you held 15k for 2 months ?! And I am the retard ? Seriously !? Like that inflation & profitability thing u just pointed out hit you too late ?

You should see each coin as a SHARE instead of a coin. Let me tell you that if/when a big company decides to EMIT 10% more shares to finance their operation that the price WILL tank quite a bit. VTC does EXACTLY that on a daily basis.

I have held 15k VTC for quite some time before realizing this simple concept. That's why POS are much more in demand now, they are more of an hybrid.

Look at it this way, if VTC market cap of 2M VTC is equalt to 200 BTC on march 2014, and that on July 2014 there is now 4M VTC on the market what should the price of 1 VTC on July 2014 be worth if there is no new demand, no new innovation and nothing really new to interest the investors/bad holders ? It's just simple math really. There is just WAY too much inflation and as interest come and go you are going to see PUMP and then slow decline, PUMP and slow decline. It's not that people are dumping their holdings, it's that new VTC are produced in too big quantity to be fully absorbed by the new investors. I believe that if VTC stop minting, the price would not only stabilize but increase in value slowly and steady, like NXT has been doing or BC or w/e.

      I believe you're right.

[ivanlabrie]

Indeed, look at Litecoin now...not so slow, and steady decline. Not enough interest in it to absorb the inflation rate.

PPC has a nice approach, destroying tx fees and having a hybrid PoS/PoW minting method.

VTC favors miners, but miners in general want to pay bills and electricity, and maybe make some extra $...they don't care about securing a network or whatever. :/

[dragonmike]

Is there a way to merge-mine VTC and ENC?

[jacob019]

Is there a way to merge-mine VTC and ENC?

No, but you could merge mine ENC, MON, & PLX