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Author Topic: [ANN] [USDe] Unitary Status Dollar eCoin $$ IMPROVED Halving | KGW Fix Update!!!  (Read 578405 times)
mybogusname
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January 19, 2014, 07:42:01 AM
 #2661

Difficulty up to 5.6 now.... This is gonna be hard to mine really fast.

I am buying up every chance I get!
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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bitwarrior
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January 19, 2014, 07:47:27 AM
 #2662

Difficulty up to 5.6 now.... This is gonna be hard to mine really fast.

I am buying up every chance I get!

Yep, 5.59560462

@ 729 MH/s Network Hashrate
indigon
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January 19, 2014, 07:56:11 AM
 #2663

How many of this coin will be mined in the first year?

Also, I know that there will eventually be 1.6billion coins, but if it remains popular, do you think there is reasonable chance of it reaching $0.10 or so this year?

WDC is trading now at $0.34 and it just started at the 1st half of 2013.
With this activity and community supporting USDe, it is a possibility.

Yes, but Worldcoin is only going to have 265,420,800 in total, correct? Could a coin with a max of 1.6 bil do the same? Or does the max not really matter because what matters is however many coins that have been mined thus far? Because like if there is going to be only 50mil USDe minted this year, then perhaps...thoughts?

BTC: 1PmcexFQGQ8ax51MfwmvAVLaQMLgd8A1jc 
LTC: LZqrgT7r6v1dXSNz2CcyacTcLx4BiB3Gqy 
USDe: GTQ83soyutN44KrLY8TfYbQGnMMiQF7emT
bitwarrior
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January 19, 2014, 08:03:58 AM
 #2664

How many of this coin will be mined in the first year?

Also, I know that there will eventually be 1.6billion coins, but if it remains popular, do you think there is reasonable chance of it reaching $0.10 or so this year?

WDC is trading now at $0.34 and it just started at the 1st half of 2013.
With this activity and community supporting USDe, it is a possibility.

Yes, but Worldcoin is only going to have 265,420,800 in total, correct? Could a coin with a max of 1.6 bil do the same? Or does the max not really matter because what matters is however many coins that have been mined thus far? Because like if there is going to be only 50mil USDe minted this year, then perhaps...thoughts?

Check this site and maybe you will have some idea

http://coinmarketcap.com/

WDC is currently on 15% of its total money supply to be minted of 1.6 Billion.

And try to see here where USD-e is now.

http://cryptexplorer.com/chain/USDe?
CryptoGuy
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January 19, 2014, 08:05:13 AM
 #2665

How many of this coin will be mined in the first year?

Also, I know that there will eventually be 1.6billion coins, but if it remains popular, do you think there is reasonable chance of it reaching $0.10 or so this year?

WDC is trading now at $0.34 and it just started at the 1st half of 2013.
With this activity and community supporting USDe, it is a possibility.

Yes, but Worldcoin is only going to have 265,420,800 in total, correct? Could a coin with a max of 1.6 bil do the same? Or does the max not really matter because what matters is however many coins that have been mined thus far? Because like if there is going to be only 50mil USDe minted this year, then perhaps...thoughts?

The number of coins matters little. It's the number of adopters that will cause the price to rise. Look at Dogecoin, 100 Billion total coins and they're still hanging in there.

<Insert favorite coin here>
ChasingTheDream
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January 19, 2014, 08:10:44 AM
Last edit: January 19, 2014, 08:34:50 AM by ChasingTheDream
 #2666

How many of this coin will be mined in the first year?

Also, I know that there will eventually be 1.6billion coins, but if it remains popular, do you think there is reasonable chance of it reaching $0.10 or so this year?

WDC is trading now at $0.34 and it just started at the 1st half of 2013.
With this activity and community supporting USDe, it is a possibility.

Yes, but Worldcoin is only going to have 265,420,800 in total, correct? Could a coin with a max of 1.6 bil do the same? Or does the max not really matter because what matters is however many coins that have been mined thus far? Because like if there is going to be only 50mil USDe minted this year, then perhaps...thoughts?

I don't think anyone can definitively say how this is going to play out.  At face value a smaller supply of coins would seem to mean prices should be higher but that isn't necessary the case.  Look at EAC (13.5 billion coins) vs DOGE (100 billion coins).  EAC's prices are higher but not by much.  Assuming crypto-currencies become more and more mainstream, there will be more people coming to buy them.  It is possible we will find that even a coin with a huge supply such as DOGE simply doesn't have enough to keep up with demand.  Only time will tell.

The rules of supply and demand still exist of course but the problem with determining price is we really don't know what demand will be in the future.  Marketing will be a key factor in that which is why some coins will succeed where others will fail even though structurally they aren't that different.

Edit:  Also keep in mind that coin supplies in the billions sounds huge but the forex markets trade over $5 trillion worth of currency per day according to Bloomberg and that article with written in 2012.  The point is that if crypto-currencies keep moving toward mainstream acceptance the demand could be far larger than any of us realize.  
sameev29
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January 19, 2014, 08:14:08 AM
 #2667

After NASA got funded by USDE instead of US$:


ChasingTheDream
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January 19, 2014, 08:19:00 AM
 #2668

After NASA got funded by USDE instead of US$:




LOL  Nice!
mr.maxout
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January 19, 2014, 08:23:24 AM
 #2669

Not been following the thread closely, what happens at block 27000?

USDE becomes the standard global currency and all fiat currency is no longer accepted as an acceptable form of payment.  I may be getting just a little ahead of myself here.   Grin

Ok so what actually happens is the difficultly will start to increase at a much faster pace.

Edit:  As the post above me suggests you should read the 1st page because you need to make sure you have the new version of the wallet as well.


Cool, my 280k USDe could well pay for a lot a tins of baked beans Smiley

I'm solo mining like a mofo until then. Hopefully I can hit a 100k block before it changes
Tin of beans, you must be European.. Anyway, how's the solo mining been goin? I only got one block ever solo mining

Just so-so right now. I've only got 1.3 MH but I managed to hit 2 100k blocks for my pool so I decided to solo for a while. So far 7 blocks and 24k coins in about 22 hrs.

Can you help me with setting up a solo mining..... i'm mining with two tahiti cards.... using GUI MINER-SCRYPT ALPHA

I use CGminer so I'm not sure how much different it is.

You need to create usde.conf in your %appdata%\roaming\usde folder with the following lines:

listen=1
server=1
daemon=1
rpcuser=usde
rpcpassword=x
rpcport=12378
rpcconnect=127.0.0.1
addnode=23.253.71.56
addnode=192.237.223.87
addnode=23.253.32.222
addnode=149.210.166.111
addnode=84.212.33.227

and this is what I use for the pool:

C:\cgminer330\cgminer.exe -o 127.0.0.1:12378 -u usde -p x -scrypt (and whatever options you need)

I hope it helps.

EDIT: I just realized how old a version of CGminer I'm using. I'm curious if it matters to upgrade or not?

Thank you Sir!

cgminer 3.7.2 latest for gpu cards works very well for me speeds a bit better than gui miner but no clickable interface lol

THE ONLY COIN OF 2014 THAT MATTERS!
USDE:  GQBzoDBEz2N2LGCAqFSLBFXzykDdFSRNkW
Bitcoin:  1XfF67xUTaRuLJ2ADYJ6cne2H5o23Vhqi
indigon
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January 19, 2014, 08:29:58 AM
 #2670

How many of this coin will be mined in the first year?

Also, I know that there will eventually be 1.6billion coins, but if it remains popular, do you think there is reasonable chance of it reaching $0.10 or so this year?

WDC is trading now at $0.34 and it just started at the 1st half of 2013.
With this activity and community supporting USDe, it is a possibility.

Yes, but Worldcoin is only going to have 265,420,800 in total, correct? Could a coin with a max of 1.6 bil do the same? Or does the max not really matter because what matters is however many coins that have been mined thus far? Because like if there is going to be only 50mil USDe minted this year, then perhaps...thoughts?

Check this site and maybe you will have some idea


http://coinmarketcap.com/

WDC is currently on 15% of its total money supply to be minted of 1.6 Billion.

And try to see here where USD-e is now.

http://cryptexplorer.com/chain/USDe?


This is Worldcoins thread, correct? https://bitcointalk.org/index.php?topic=204894.0

It says that there will only be 265,420,800? If I am wrong or have the wrong coin in mind, tell me...

BTC: 1PmcexFQGQ8ax51MfwmvAVLaQMLgd8A1jc 
LTC: LZqrgT7r6v1dXSNz2CcyacTcLx4BiB3Gqy 
USDe: GTQ83soyutN44KrLY8TfYbQGnMMiQF7emT
mybogusname
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January 19, 2014, 08:40:44 AM
 #2671

44 more blocks until it changes again. I am not sure I like the difficulty going up this fast... I'm not getting half as many coins as before! LOL.

Dammit
Sancho
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January 19, 2014, 08:44:00 AM
 #2672

Liked.

Commented.

User name is the same - "Sancho"

GcVCyTdkba8eXh21cN8KDRR5y38YqvMxK1

Thanks
sammy007
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January 19, 2014, 08:57:19 AM
 #2673

Dev, where is my bounty for quality content?

https://bitcointalk.org/index.php?topic=410254.msg4587371#msg4587371

bitwarrior
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January 19, 2014, 08:57:42 AM
 #2674

How many of this coin will be mined in the first year?

Also, I know that there will eventually be 1.6billion coins, but if it remains popular, do you think there is reasonable chance of it reaching $0.10 or so this year?

WDC is trading now at $0.34 and it just started at the 1st half of 2013.
With this activity and community supporting USDe, it is a possibility.

Yes, but Worldcoin is only going to have 265,420,800 in total, correct? Could a coin with a max of 1.6 bil do the same? Or does the max not really matter because what matters is however many coins that have been mined thus far? Because like if there is going to be only 50mil USDe minted this year, then perhaps...thoughts?

Check this site and maybe you will have some idea


http://coinmarketcap.com/

WDC is currently on 15% of its total money supply to be minted of 1.6 Billion.

And try to see here where USD-e is now.

http://cryptexplorer.com/chain/USDe?


This is Worldcoins thread, correct? https://bitcointalk.org/index.php?topic=204894.0

It says that there will only be 265,420,800? If I am wrong or have the wrong coin in mind, tell me...


Yes your correct, It should be 265,420,800  but still the 15% is correct. Because there are a total of 40,787,690.14561771 WDC minted now.
Benjal
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January 19, 2014, 08:58:10 AM
 #2675

OK so first drafts of Animated coin below:

Suggestions welcome, I'm technical not creative Smiley

I know I need to change the background for them yet, not sure what to though.


View My Video

View My Video


Ben
Benjal
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January 19, 2014, 09:07:07 AM
 #2676


Haha, you started your quality content off with

"Why use USDE

USDE is a relatively new form of currency that is just beginning to hit the mainstream, but many people still don’t understand why they should make the effort to use it. Why use bitcoin? Here are ten good reasons why it’s worth taking the time to get involved in this virtual currency.
"

Then listed 4 generic statements. Points for effort tho mate Smiley

ChasingTheDream
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January 19, 2014, 09:16:32 AM
 #2677


After the things you said in the other coins thread about this coin, you feel you deserve a bounty?  That is simply amazing to me... 
ChasingTheDream
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January 19, 2014, 09:20:15 AM
 #2678


Haha, you started your quality content off with

"Why use USDE

USDE is a relatively new form of currency that is just beginning to hit the mainstream, but many people still don’t understand why they should make the effort to use it. Why use bitcoin? Here are ten good reasons why it’s worth taking the time to get involved in this virtual currency.
"

Then listed 4 generic statements. Points for effort tho mate Smiley



Sammy007 appears to be pretty fond of the copy and paste.  I wonder if I did a forum search if I would find his quality content in a different thread under a different coin (bitcoin) written originally by a different person.  Hmmm.
Radi777
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January 19, 2014, 09:23:14 AM
 #2679


After the things you said in the other coins thread about this coin, you feel you deserve a bounty?  That is simply amazing to me... 

This guy is arrogant. Even in his signature it is about DGB. He deserves 0.


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bitwarrior
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January 19, 2014, 09:38:46 AM
 #2680

Difficulty up to 5.6 now.... This is gonna be hard to mine really fast.

I am buying up every chance I get!

Yep, 5.59560462

@ 729 MH/s Network Hashrate

 6.99450636

THere She Blows mateys...
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