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Author Topic: [POT]PotCoin - Banking for the Legal Cannabis Industry ✦ ✦ ✦Grow With Us ✦ ✦ ✦  (Read 920051 times)
dwolfx
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March 29, 2014, 01:11:53 AM
 #2901

Leetpools!
http://pot.leetpools.com/

Leetpools!
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ptic-1
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March 29, 2014, 09:56:44 AM
 #2902


█ B █ T █ C █12J89RucSq2vX5m5TcC5fP3PwVUrtWHn4c█ B █ T █ C █
CortnyCox
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March 29, 2014, 07:50:15 PM
 #2903

If you are considering getting the gawminers.com/hosting/ and want to see how their 10-pack Gridseed miners perform when they are hosted at GAW mining on a great pool you can sign up at: http://pot.minermob.com and then look at the pool statistics for: Jamis. My Jamis account has just the one 10-pack hosted miners so all the hashes are from that hosted GAW account ten gridseed miners, nothing else.
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March 30, 2014, 02:38:49 AM
Last edit: March 30, 2014, 02:59:50 AM by AmpedGoose
 #2904

Hello everyone! I am fairly new to PotCoin and Bitcoin.  Recent news has me asking a few questions... I am a merchant looking into accepting PotCoin within my 3 dispensaries I own. I have had many 'cash' problems and I am tired of dealing with the banks. I read several articles online over the past week and have begun doing a lot of research on PotCoin.

Has there been any official PotCoin or CryptoRush statements regarding the PotCoin that was stolen? About 7.5% of the current circulated PotCoin were involved in this hack I think this needs to be addressed by someone...

Part of my research has been figuring out the stability of the coin...
* 18+million coins have been mined by a group called scryptominers who are notorious for just dumping coins
* 4+ million coins were hacked

As a merchant looking at PotCoin for future I see 40%+ of the current PotCoins as what you guys call 'dumpable' and is currently apparently being seen within the market... What kind of advantage is there to using PotCoin vs. BitCoin? How can there be ANY stability if 40%+ of the market is just waiting to dump their coins?

PLEASE correct me if I am wrong I am just trying to understand how PotCoin can be beneficial to my businesses under such volatility.


The 18 million coin figure may seem like a big number, but what is the total worth of it all currently in USD? I believe they're currently worth approx 0.6 cents each, which would make them worth 108k in total. That's just a tiny fraction of the daily transactions going on daily in the US legalized states alone.

And if the total # of coins in existance right now is just the (145000 blocks)(420/block)= 60.9 million coins, which @ 0.6 cents each is 350,000 USD current value. That's still just a tiny fraction of daily business in the (legalized) industry.

So to think......What would happen if a lotta folks in just one county in Washington state or Colorado started using this tomorrow for 420-related commerce? Would there be enough coin at present value? Or would the coin price have to go up due to simple supply/demand. The more adoption, the more $ value the limited # of coins would have to represent. Miners would then get a better price for new coins, yet still wouldn't be able to mine them fast enough to cause large downward pressure (mining rate is a fixed # of coins per day). So personally I'd guess that, more adoption of the coin leads to more scarcity over time, which would cause higher value.

But adoption/use-in-commerce is key, otherwise it's just another thing people are trading on the internet. But if it starts getting used for commerce in the business, even on a small/regional scale, it's hard to imagine it going down, simply due to the small amount that's actually available. $350,000 worth of currency units can be stretched to sustain how much daily buisness in an economic system? They can only support more than that if their value goes up to match the need right?

Get everyone you know in the industry and all your customers to start using it and make it worth more (a lot more) than it is now.


 


cisary
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March 30, 2014, 04:17:46 AM
 #2905

https://bitcointalk.org/index.php?topic=506320.0 really? why not use original Satoshi Nakamoto's BTC?
Litejavichu
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March 30, 2014, 11:42:24 AM
 #2906

                                                       Stop eviction from the house of Quique and Lupe
                                        An administrative penalty ( € 11,600) for possession of A single plant  will take them home!

POTCOIN Community .... We can help? I will donate all my coins for this cause. They are under tremendous injustice these guys.

https://funddy.com/alejo.alberdi.7/paremos-el-embargo-de-quique-y-lupe-por-una-planta-de-marihuana

Please, transalte to your languaje..

LeetPoolsOP
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April 01, 2014, 04:27:01 AM
 #2907


<3
Zombie123
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April 01, 2014, 08:41:50 PM
 #2908

I got some of these awesome risers that allow me to use the little stubby 1x PCIE ports that my cards won't plug into directly. With these risers the hot card is almost a foot above the motherboard out where I can keep it cool. Because the cable is not the full 16x width It is easier to keep other cards cool and a full-size card runs at full hash even when connected to the little 1x port. I've got two XFX 7990s a foot above my motherboard each getting 757K. These risers have made a big differnce in dealing with the cards getting too hot: http://shop.leetpools.com/


lol These risers suck go with USB risers
Jamis
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April 01, 2014, 09:12:19 PM
 #2909

For $12 these work great for me, no errors, same speed as plugging directly: http://shop.leetpools.com/
cryptmebro
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April 01, 2014, 09:59:44 PM
 #2910

I got some of these awesome risers that allow me to use the little stubby 1x PCIE ports that my cards won't plug into directly. With these risers the hot card is almost a foot above the motherboard out where I can keep it cool. Because the cable is not the full 16x width It is easier to keep other cards cool and a full-size card runs at full hash even when connected to the little 1x port. I've got two XFX 7990s a foot above my motherboard each getting 757K. These risers have made a big differnce in dealing with the cards getting too hot: http://shop.leetpools.com/

lol These risers suck go with USB risers

Have a link to any good priced usb risers?
CryptoGuy
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April 02, 2014, 12:32:06 AM
 #2911

I bought these. They ship from China but I got them in about a week and a half and they work great

http://www.ebay.com/itm/181332111131

<Insert favorite coin here>
PotCoin (OP)
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April 02, 2014, 04:41:44 AM
 #2912

WEB WALLET MAKEOVER!

Just wanted to let everyone know that we have made a new design for the web wallet. We know the one thats up its ugly but it works and thats the most important part. The new Design will be integrated in the next week and we will have it ready for new york city.

PotCoin -Grow With Us-
anyone4u
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April 02, 2014, 06:40:40 AM
 #2913

The following pages have been updated.

Statement regarding CryptoRush.

https://bitcointalk.org/index.php?topic=529779.msg6020217#msg6020217
vesperwillow
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April 02, 2014, 02:09:48 PM
 #2914

Adding to what anyone4u said, yesterday I had X amount of POT still showing in my account on CR. They took the wallet offline (along with several other coins). Half a day later they put it back up, and 25% of my coins were gone.

They're clearly just taking away from what remains on the system.

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April 02, 2014, 03:57:03 PM
 #2915

WEB WALLET MAKEOVER!

Just wanted to let everyone know that we have made a new design for the web wallet. We know the one thats up its ugly but it works and thats the most important part. The new Design will be integrated in the next week and we will have it ready for new york city.

That's good news!!!! 

Will the Web Wallet work in harmony with the Andriod Wallet?  or are these two different products that will serve different functions?


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PotCoin (OP)
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April 03, 2014, 06:58:20 AM
Last edit: April 03, 2014, 07:19:00 AM by PotCoin
 #2916

http://potcoin.info/index.php/mandatory-wallet-update

Potcoin Kimoto Gravity Well appears to be under attack from timewarp flaw.  Please shutdown your potcoind until a patch has been released.  This is going to have to be a hardfork.

we are sorry but this is mandatory for all user to upgrade their wallet! NEW WALLETS OUT SOON

We are applying the patches now and recompiling the Wallets for Mac, Pc, Linux

Any Pools or exchanges using potcoin.d please Remember the patch needs to be applied by block height  158000  APRROX 48 HOURS  

WE WILL PUT LINKS TO NEW WALLET UP SHORTLY STAY TUNED TO UPDATE

for more information on the hack and what going https://bitcointalk.org/index.php?topic=552895.0

PotCoin -Grow With Us-
nelcoin
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April 03, 2014, 09:50:06 AM
 #2917

I have updated my pool with the fixed potcoind.

If you are looking for a pool that is not going for fork checkout https://pot.suremine.com
slaveofmoney
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April 03, 2014, 09:53:42 AM
 #2918

I have updated my pool with the fixed potcoind.

If you are looking for a pool that is not going for fork checkout https://pot.suremine.com
you are sure? source code not updated at this time
nelcoin
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April 03, 2014, 10:55:24 AM
Last edit: April 03, 2014, 11:36:31 AM by nelcoin
 #2919

you are sure? source code not updated at this time

yep, have been on potcoin irc, got a copy of the code off potcoion dev and tested it with them.
https://github.com/openpay/potcoin

Its worth saying I have only updated using this branch as I know what I am doing and am closely monitoring the situation.

If you are a user and want to update your wallet I advise you wait for the official announcement.
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April 03, 2014, 02:37:14 PM
 #2920

you are sure? source code not updated at this time

yep, have been on potcoin irc, got a copy of the code off potcoion dev and tested it with them.
https://github.com/openpay/potcoin

Its worth saying I have only updated using this branch as I know what I am doing and am closely monitoring the situation.

If you are a user and want to update your wallet I advise you wait for the official announcement.


Can a dev confirm this is the fix?  The code change looks good, I just want to make sure we're all on the same page.

-Fuse

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