Crypto_EX
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Activity: 70
Merit: 10
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June 29, 2014, 09:24:30 PM |
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Guys, the multipool x11.[Suspicious link removed] hash dropped by about 1/3rd. With it, the sell pressure from wafflepool is increasing.
Please take a moment to reconsider and mine on this pool.
You save half on electricity, keep your GPUs 10 degrees lower, and help neutralize scrypt-n multipools from building sell pressure.
In my case, I made 80% of VTC profitability yesterday. However, since I saved half on electricity... this comes out to more VTC after the cost of power.
You're right. Really there is a need for it. I would ask everyone to mining on http://x11.[Suspicious link removed]/ i had to quit mining there because it has become pathetically low 0.15vtc / mh.s / day i'm mining vtc on coinotron now but i never dump my coins i've been mining and holding vtc since late march .... i think i'm still doing good to the coin by not dumping the 10 ~ 15 coin that i get my hands on daily for the past 3 months hashing in @ 3.5 mh/s n-scrypt because of the summer heat , in winter i used to hash @ 4 ~ 4.2 mh/s Why Coinotron? Why not a proper VTC pool that offers MON and PLX payouts? like wat ? also these coins are worthless anyways , no ? also i already optimized it and went from 35 mh/s to 45 mh/s by using files from 14.6 catalyst in the miner directory
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Kartoffelknilch
Newbie
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Activity: 38
Merit: 0
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June 29, 2014, 10:08:52 PM |
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Guys, the multipool x11.[Suspicious link removed] hash dropped by about 1/3rd. With it, the sell pressure from wafflepool is increasing.
Please take a moment to reconsider and mine on this pool.
You save half on electricity, keep your GPUs 10 degrees lower, and help neutralize scrypt-n multipools from building sell pressure.
In my case, I made 80% of VTC profitability yesterday. However, since I saved half on electricity... this comes out to more VTC after the cost of power.
You're right. Really there is a need for it. I would ask everyone to mining on http://x11.[Suspicious link removed]/ i had to quit mining there because it has become pathetically low 0.15vtc / mh.s / day i'm mining vtc on coinotron now but i never dump my coins i've been mining and holding vtc since late march .... i think i'm still doing good to the coin by not dumping the 10 ~ 15 coin that i get my hands on daily for the past 3 months hashing in @ 3.5 mh/s n-scrypt because of the summer heat , in winter i used to hash @ 4 ~ 4.2 mh/s Why Coinotron? Why not a proper VTC pool that offers MON and PLX payouts? like wat ? also these coins are worthless anyways , no ? also i already optimized it and went from 35 mh/s to 45 mh/s by using files from 14.6 catalyst in the miner directory Well, if you are just interested in VTC you may join my p2pool -o (address): buddler.noip.me:9172 -u (user): your vtc-address -p (passwd): anything at least your hashingpower won't be wasted on a big pool like coinotron and gives my son some mon/plx if you have any questions: just ask or send me a PM. i'm reading steadily here.
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Crypto_EX
Member
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Activity: 70
Merit: 10
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June 29, 2014, 10:35:27 PM |
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Guys, the multipool x11.[Suspicious link removed] hash dropped by about 1/3rd. With it, the sell pressure from wafflepool is increasing.
Please take a moment to reconsider and mine on this pool.
You save half on electricity, keep your GPUs 10 degrees lower, and help neutralize scrypt-n multipools from building sell pressure.
In my case, I made 80% of VTC profitability yesterday. However, since I saved half on electricity... this comes out to more VTC after the cost of power.
You're right. Really there is a need for it. I would ask everyone to mining on http://x11.[Suspicious link removed]/ i had to quit mining there because it has become pathetically low 0.15vtc / mh.s / day i'm mining vtc on coinotron now but i never dump my coins i've been mining and holding vtc since late march .... i think i'm still doing good to the coin by not dumping the 10 ~ 15 coin that i get my hands on daily for the past 3 months hashing in @ 3.5 mh/s n-scrypt because of the summer heat , in winter i used to hash @ 4 ~ 4.2 mh/s Why Coinotron? Why not a proper VTC pool that offers MON and PLX payouts? like wat ? also these coins are worthless anyways , no ? also i already optimized it and went from 35 mh/s to 45 mh/s by using files from 14.6 catalyst in the miner directory Well, if you are just interested in VTC you may join my p2pool -o (address): buddler.noip.me:9172 -u (user): your vtc-address -p (passwd): anything at least your hashingpower won't be wasted on a big pool like coinotron and gives my son some mon/plx if you have any questions: just ask or send me a PM. i'm reading steadily here. i tried p2pool , didn't like it, didn't provide any gui where i can check my hash rate and earnings also fragmented my mining rewards in 0.1 and 0.9 vtc which made it hard for me to keep track of how much i mined that day
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Kartoffelknilch
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Activity: 38
Merit: 0
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June 29, 2014, 10:54:10 PM |
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Well, point your browser to: buddler.noip.me:9172 (copy => paste) there you can see a hashrate for every miner connected with far more detail than a classic pool. the "fragmentation"... well, you have to start your wallet to get your earnings even for a normal pool. if you join a p2pool the main diff is that you just get your reward in smaller pieces and your wallet shows them as "mined". if you click on the small box behind a vtc-address on my pool you will be redirected to a vtc explorer and can easily check your earnings one by one. p2pool just needs ~24h to really get started for your payouts to reach max amount. i like p2pool cuz of the decentralisation factor. and i really like the "mined" symbol in my wallet... gives me the feeling that i really earned the reward dont get me wrong, i mined on coinotron too but had some heavy lags there and lost ~10-20% of my hashrate... but other than that coinotron seems to be one of the more stable pools with no trolls/thiefs as admins. nevertheless: happy mining!
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rontz
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Activity: 23
Merit: 0
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June 29, 2014, 11:03:20 PM |
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Was just thinking. there is like enormous amount of Altcoins and each coin has a dev team probably just few people. And all those little teams are competing with each other. Well there has to be some competition but in general i think the goal should be the success and adoption of cryptocurrencies in general.
So maybe a campaign like: "Hi developer do not go for Yet another coin approach , join us " lets make the best cryptocurrency!!" would be reasonable. Or to make cooperation where some of the biggest coins would cooperate example develop multi-wallets and and environments together.
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Magic8Ball
Legendary
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Activity: 1050
Merit: 1000
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June 29, 2014, 11:17:12 PM |
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we can really be happy that we have a guy like him... i mean most of the other coin promoters are "strange dudes" partying and all about "lambos" and stuff like these..
Vertcoin has a serious community and a professional dev.
Nevertheless it hurts watching VTC dropping like a knife...
It does hurt, and to be honest I am afraid it may not go much up. I hope it does though.
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DARKANGEL6415
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June 29, 2014, 11:18:03 PM |
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so when are this new features comming out feel like a inpatient kid on xmas lol
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mega
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June 30, 2014, 12:10:51 AM |
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so when are this new features comming out feel like a inpatient kid on xmas lol
Stealth address will be ready at the end on June.
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Got my account back! It was hacked. Sorry about it :|
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mega
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June 30, 2014, 12:12:38 AM |
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Got my account back! It was hacked. Sorry about it :|
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phosphorush
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June 30, 2014, 12:36:53 AM |
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so when are this new features comming out feel like a inpatient kid on xmas lol
Stealth address will be ready at the end on June. we are at the end of june
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Your account locked, please contact support.
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mig5000
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June 30, 2014, 01:20:30 AM |
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I will say it one more time.
You guys should fix the inflation before even thinking about financing a pump with p/r and such.
If you PR your stealth account and everything, you might be able to pump the price 2x or 3x but the price increase WILL NOT STICK.
There is 28k VTC produced EVERY day no matter what. Right now the inflation is
28000 x 0.0007 = 20 BTC per day which is already a lot.
If you pump there price 3x it will just be a miner's dream and an investors bull trap.
28000 x 0.0021 = 60 BTC per day.
This kind of inflation is not sustainable in the long term. You see this pattern over and over in the PoW coins.
The total market cap of VTC is ~4000 BTC right now, we should AIM for ~3% inflation per year, otherwise the smart money is not going to invest in this and the price will just drop until it reaches an equilibrium which is going to be way lower than this.
I believe the distribution of VTC has been more than fair and has been going for long enough. Now is the time to fix the inflation otherwise the bag holders are going to see their investment dwindle to 10-30% of their original investment.
Please , pretty please, consider this before spending 5000 VTC to pump the coin as I'm 100% sure it will not stick and you just open the door to current investor to get out of this mess cheaplyish.
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noobtrader
Legendary
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Activity: 1456
Merit: 1000
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June 30, 2014, 01:27:15 AM |
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any idea to fix inflation ?
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"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...", satoshi@vistomail.com
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turtoro
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June 30, 2014, 01:40:37 AM |
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I will say it one more time.
You guys should fix the inflation before even thinking about financing a pump with p/r and such.
If you PR your stealth account and everything, you might be able to pump the price 2x or 3x but the price increase WILL NOT STICK.
There is 28k VTC produced EVERY day no matter what. Right now the inflation is
28000 x 0.0007 = 20 BTC per day which is already a lot.
If you pump there price 3x it will just be a miner's dream and an investors bull trap.
28000 x 0.0021 = 60 BTC per day.
This kind of inflation is not sustainable in the long term. You see this pattern over and over in the PoW coins.
The total market cap of VTC is ~4000 BTC right now, we should AIM for ~3% inflation per year, otherwise the smart money is not going to invest in this and the price will just drop until it reaches an equilibrium which is going to be way lower than this.
I believe the distribution of VTC has been more than fair and has been going for long enough. Now is the time to fix the inflation otherwise the bag holders are going to see their investment dwindle to 10-30% of their original investment.
Please , pretty please, consider this before spending 5000 VTC to pump the coin as I'm 100% sure it will not stick and you just open the door to current investor to get out of this mess cheaplyish.
fair point. But a fix to something like this is not easy. If it is done it has to be thought out and implemented carefully.
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noobtrader
Legendary
Offline
Activity: 1456
Merit: 1000
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June 30, 2014, 02:26:50 AM |
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I will say it one more time.
You guys should fix the inflation before even thinking about financing a pump with p/r and such.
If you PR your stealth account and everything, you might be able to pump the price 2x or 3x but the price increase WILL NOT STICK.
There is 28k VTC produced EVERY day no matter what. Right now the inflation is
28000 x 0.0007 = 20 BTC per day which is already a lot.
If you pump there price 3x it will just be a miner's dream and an investors bull trap.
28000 x 0.0021 = 60 BTC per day.
This kind of inflation is not sustainable in the long term. You see this pattern over and over in the PoW coins.
The total market cap of VTC is ~4000 BTC right now, we should AIM for ~3% inflation per year, otherwise the smart money is not going to invest in this and the price will just drop until it reaches an equilibrium which is going to be way lower than this.
I believe the distribution of VTC has been more than fair and has been going for long enough. Now is the time to fix the inflation otherwise the bag holders are going to see their investment dwindle to 10-30% of their original investment.
Please , pretty please, consider this before spending 5000 VTC to pump the coin as I'm 100% sure it will not stick and you just open the door to current investor to get out of this mess cheaplyish.
fair point. But a fix to something like this is not easy. If it is done it has to be thought out and implemented carefully. i do have an idea to put limit on how much coin mineable by one wallet equal to fix percentage of the coin it hold (10%), if no coin in the wallet, fix it at 1 vtc max. so if someone want to play dump-dump and mine vtc with 100Mhash, then he need to buy 1000vtc or else he will have to accept just 1 vtc per day. what do you think ?
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"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...", satoshi@vistomail.com
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ivanlabrie
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June 30, 2014, 03:52:23 AM |
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Come on guys, it can be simpler...I'd suggest using Yacoin's dynamic block reward and go multi algo as suggested. Yacoin's usd valuation has been relatively stable, and the coin is still great for miners.
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Vertcoin (OP)
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June 30, 2014, 03:53:39 AM |
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Come on guys, it can be simpler...I'd suggest using Yacoin's dynamic block reward and go multi algo as suggested. Yacoin's usd valuation has been relatively stable, and the coin is still great for miners. Interesting, thanks for your input.
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VTC Stealth Address : vJmt8sF4iySr2RnJdZJdqk7CbJMQzwPwQwUsQwKF27qPE7qv9gfhjYqD6VapALi6jv8j6VKUvXYEto6 xmtxoq9oUyBXbV9XsYdt6sA Please contact us via contact[at]vertcoin.org only, do not PM.
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Jiggy0001
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June 30, 2014, 06:50:35 AM |
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Yeah... Something has to be done ASAP to stop this dumping wave... I was predicting this scenario two weeks ago! When the magical threshold at 0.001 is being broken we will FALL to 0.0005 quickly.
0.001 is an important value for us!
Today is end of June, no matter what will happen with stealth addresses we have focus on stabilization!
I am really happy that there is Vertcoin athlete who is a smart guy! He is really the best promo a coin can have! But now it is time to save it from the technological point of view...
I had to stop buying cause it seems to fall under 0.0005
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jk_14
Legendary
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Activity: 1292
Merit: 1000
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June 30, 2014, 06:58:46 AM |
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any idea to fix inflation ?
I have one. Quite fresh and simple enough...
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noobtrader
Legendary
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Activity: 1456
Merit: 1000
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June 30, 2014, 07:01:35 AM |
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any idea to fix inflation ?
I have one. Quite fresh and simple enough... great !!!!! im all ear... Come on guys, it can be simpler...I'd suggest using Yacoin's dynamic block reward and go multi algo as suggested. Yacoin's usd valuation has been relatively stable, and the coin is still great for miners. Interesting, thanks for your input. oh so when difficulty spike, regular everyday john and jane miner like me and the rest of us will receive less because a whale multipuul strike us ?
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"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...", satoshi@vistomail.com
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