[ANNOUNCE] New alternate cryptocurrency - Geist Geld

[FlipPro]

Thanks for the announcement and sorry but I'm going to fight against this getting an exchange before the other coins are fixed. I would hate to see bitcoinexpress who was an early adopter of geist geld profit from his actions.

+1

[MaGNeT]

Thanks for the announcement and sorry but I'm going to fight against this getting an exchange before the other coins are fixed. I would hate to see bitcoinexpress who was an early adopter of geist geld profit from his actions.

+1

Why +1 ?
You didn't notice GG is restarted and BitcoinExpress is no longer in any advance?

[Lolcust]

FlipPro is dreaming about a currency with explicit demurrage, Geist ain't not radical enough in its nonencouragement of hoarding for his tastes

[MaGNeT]

I think it's time for an exchange

[CosicMiner]

I put way too much time into this. But it was fun..
I have made a high res version from the icon Lolcust sent me. Using a program called perfect resize I managed to make it large enough to use in other project, without too much pixel distortion. Like this coin for example. Which is 50% size of original I made.

Theres also this version http://imgur.com/YhR6l with a little more texture.. perhaps too much.

Btw I'll send the high res icon if anyone want it. Just PM.

[dishwara]

how many blocks mined so far?

i ran getinfo & it said blocks 6968, still its downloading in daemon tab.

[MaGNeT]

how many blocks mined so far?

i ran getinfo & it said blocks 6968, still its downloading in daemon tab.

6980 over here, so I think it's correct.

3738 GeistGeld so far... Could be worth more than 3 BTC 

[Cosbycoin]

Thanks for the announcement and sorry but I'm going to fight against this getting an exchange before the other coins are fixed. I would hate to see bitcoinexpress who was an early adopter of geist geld profit from his actions.

BCX doesnt have an advantage over anyone. He as well as the rest of us started on a newly launched network.

[Cosbycoin]

I just did some math and found out that if the difficutly of GG was ever to get to 16,000 roughly it would take about 28 minutes to come back down to 1 if I am understanding that decreases in difficulty can range from +400% to -400%.

That sound right?

[Lolcust]

I just did some math and found out that if the difficutly of GG was ever to get to 16,000 roughly it would take about 28 minutes to come back down to 1 if I am understanding that decreases in difficulty can range from +400% to -400%.

That sound right?

What adjustment limit factor did you use ?

+/- 400% is the default bitcoin values, and they resulted in large jitter that greatly displeased some miners, so I've dropped that. From the top of my head, current adjust is 176,9%, symmetrical +/-, with retargets every 16 blocks.

I put way too much time into this. But it was fun..
I have made a high res version from the icon Lolcust sent me. Using a program called perfect resize I managed to make it large enough to use in other project, without too much pixel distortion. Like this coin for example. Which is 50% size of original I made.

Theres also this version http://imgur.com/YhR6l with a little more texture.. perhaps too much.

Btw I'll send the high res icon if anyone want it. Just PM.

Neat. You can expect 500 Geists to arrive a mite later today

[Cosbycoin]

I just did some math and found out that if the difficutly of GG was ever to get to 16,000 roughly it would take about 28 minutes to come back down to 1 if I am understanding that decreases in difficulty can range from +400% to -400%.

That sound right?

What adjustment limit factor did you use ?

+/- 400% is the default bitcoin values, and they resulted in large jitter that greatly displeased some miners, so I've dropped that. From the top of my head, current adjust is 176,9%, symmetrical +/-, with retargets every 16 blocks.

I put way too much time into this. But it was fun..
I have made a high res version from the icon Lolcust sent me. Using a program called perfect resize I managed to make it large enough to use in other project, without too much pixel distortion. Like this coin for example. Which is 50% size of original I made.

Theres also this version http://imgur.com/YhR6l with a little more texture.. perhaps too much.

Btw I'll send the high res icon if anyone want it. Just PM.

Neat. You can expect 500 Geists to arrive a mite later today

Okay so then in my example it should be more like ~70mins instead of 28min to readjust to diff 1 from 16,000 if all miners left the scene.

[Lolcust]

Yup. If there is one thing Geist is not "afraid" of, it's the Namecoin Pool Fiasco (well, that and Zeitgeist attacks )

[Cosbycoin]

BCX is dropping his load of GH/s right now on this chain. I just saw my last 12 blocks get orphaned.

LOL

[Lolcust]

Meh, as long as he isn't screwing up diffs or doing other "hax" shenanigans, it's perfectly fine.

It's not like we'll have to wait several month to resume mining GG as usual

[Cosbycoin]

Meh, as long as he isn't screwing up diffs or doing other "hax" shenanigans, it's perfectly fine.

It's not like we'll have to wait several month to resume mining GG as usual

I know that is the beauty of it. It will likely cost someone much more who has much more processing power to mine these things and us with the little GH/s we have can keep up.

He he he...

EDIT: There must be some sort of threshold where the amount of GH/s you put on the network starts to make you less coins per GH/s.

Right?

[RandyFolds]

I am not going to scan through 15 pages of retardation to see if this has been addressed, but, in english, to geld is to castrate.

Have fun running around with your balls chopped off, forktards.

[Cosbycoin]

That's exactly what I am testing, The Difficulty Adjust,.... it works FLAWLESSLY...good job Lolcust.

Nothing "Hax" involved, just straight up firepower!

Testing out the "Hit Pool" nothing fun like having the controls to a 200 gh/ s pool to play with. This is an advanced pool, I can bring them online when I want, a psuedo-bot net if you will.

No need to panic.

Wow so that was 200GH u dropped on it? Nice...seems diff only went up to like max 120 or so.

[Cosbycoin]

I am not going to scan through 15 pages of retardation to see if this has been addressed, but, in english, to geld is to castrate.

Have fun running around with your balls chopped off, forktards.

You came all the way over here to castrate yourself? Good job buddy!

[MaGNeT]

I am not going to scan through 15 pages of retardation to see if this has been addressed, but, in english, to geld is to castrate.

Have fun running around with your balls chopped off, forktards.

In Germany and the Netherlands it's "money".
Pronunciation is different, though.

[Lolcust]

The only thing I can really claim credit for is the number 1.769
[coinhunter]I will now patent it and put it under closed-source license [/coinhunter]