mybogusname
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January 19, 2014, 07:42:01 AM |
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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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bitwarrior
Legendary
Offline
Activity: 1764
Merit: 1000
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January 19, 2014, 07:47:27 AM |
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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
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indigon
Member
Offline
Activity: 70
Merit: 10
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January 19, 2014, 07:56:11 AM |
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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?
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BTC: 1PmcexFQGQ8ax51MfwmvAVLaQMLgd8A1jc LTC: LZqrgT7r6v1dXSNz2CcyacTcLx4BiB3Gqy USDe: GTQ83soyutN44KrLY8TfYbQGnMMiQF7emT
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bitwarrior
Legendary
Offline
Activity: 1764
Merit: 1000
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January 19, 2014, 08:03:58 AM |
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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?
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CryptoGuy
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January 19, 2014, 08:05:13 AM |
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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.
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<Insert favorite coin here>
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ChasingTheDream
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January 19, 2014, 08:10:44 AM Last edit: January 19, 2014, 08:34:50 AM by ChasingTheDream |
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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 $5 trillion worth of currency per day according to Bloomberg and that article with written in 2012. The point is that if crypto-currencies keep moving toward mainstream acceptance the demand could be far larger than any of us realize.
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sameev29
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January 19, 2014, 08:14:08 AM |
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After NASA got funded by USDE instead of US$:
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ChasingTheDream
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January 19, 2014, 08:19:00 AM |
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After NASA got funded by USDE instead of US$: LOL Nice!
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mr.maxout
Member
Offline
Activity: 91
Merit: 10
Always to the fullest always to the max!
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January 19, 2014, 08:23:24 AM |
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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. 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 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
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THE ONLY COIN OF 2014 THAT MATTERS! USDE: GQBzoDBEz2N2LGCAqFSLBFXzykDdFSRNkW Bitcoin: 1XfF67xUTaRuLJ2ADYJ6cne2H5o23Vhqi
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indigon
Member
Offline
Activity: 70
Merit: 10
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January 19, 2014, 08:29:58 AM |
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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=204894.0It says that there will only be 265,420,800? If I am wrong or have the wrong coin in mind, tell me...
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BTC: 1PmcexFQGQ8ax51MfwmvAVLaQMLgd8A1jc LTC: LZqrgT7r6v1dXSNz2CcyacTcLx4BiB3Gqy USDe: GTQ83soyutN44KrLY8TfYbQGnMMiQF7emT
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mybogusname
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January 19, 2014, 08:40:44 AM |
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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
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Sancho
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January 19, 2014, 08:44:00 AM |
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Liked.
Commented.
User name is the same - "Sancho"
GcVCyTdkba8eXh21cN8KDRR5y38YqvMxK1
Thanks
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sammy007
Legendary
Offline
Activity: 1904
Merit: 1003
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January 19, 2014, 08:57:19 AM |
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bitwarrior
Legendary
Offline
Activity: 1764
Merit: 1000
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January 19, 2014, 08:57:42 AM |
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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=204894.0It 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.
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Benjal
Newbie
Offline
Activity: 24
Merit: 0
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January 19, 2014, 08:58:10 AM |
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OK so first drafts of Animated coin below: Suggestions welcome, I'm technical not creative I know I need to change the background for them yet, not sure what to though. View My VideoView My VideoBen
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Benjal
Newbie
Offline
Activity: 24
Merit: 0
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January 19, 2014, 09:07:07 AM |
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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
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ChasingTheDream
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January 19, 2014, 09:16:32 AM |
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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...
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ChasingTheDream
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January 19, 2014, 09:20:15 AM |
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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 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.
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Radi777
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January 19, 2014, 09:23:14 AM |
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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
Legendary
Offline
Activity: 1764
Merit: 1000
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January 19, 2014, 09:38:46 AM |
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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 6.99450636THere She Blows mateys...
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