brokedummy
Legendary
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Activity: 980
Merit: 1004
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April 11, 2014, 10:45:46 AM |
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32500 or so CGA mined as of this morning
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Jonesd
Legendary
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Activity: 1876
Merit: 1014
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April 11, 2014, 10:50:34 AM |
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32500 or so CGA mined as of this morning
Interesting.
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Co-Founder and Managing Partner of Block Bastards
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omwtothemoon
Newbie
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Activity: 50
Merit: 0
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April 11, 2014, 02:59:16 PM |
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The thread is pretty long. Anybody cares to tell me what makes this coin so good, besides the unknown scarcity?
Integration with a ground breaking MMORPG? Possibly not as susceptible to ASIC? Can be mined for generations to come? Is not just another pump and dump? No IPO involved? Active devs? No premine (ok so there was 8 CGA premine but they are all in the hands of the community)? Did I mention active devs?? I agree with all of the above! Especially active devs, that's why I hold the coin for longterm anyway. Looking forward to CGA's bright future DAT premine though
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Cor2
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April 11, 2014, 06:36:46 PM |
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The thread is pretty long. Anybody cares to tell me what makes this coin so good, besides the unknown scarcity?
Integration with a ground breaking MMORPG? Possibly not as susceptible to ASIC? Can be mined for generations to come? Is not just another pump and dump? No IPO involved? Active devs? No premine (ok so there was 8 CGA premine but they are all in the hands of the community)? Did I mention active devs?? The latter is one of the reasons that I have been mining this coin since shortly after its launch. Looked into others (or going back to Doge) but said nah - Doge actually abandoned its random rewards, which made its mining somewhat exciting. So, CGA it is! Edit: and, in contrast to many other coins - CGA latest wallet still allows CPU mining in the wallet itself, so that is another reason for me to stay with CGA.
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silentrunner
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Activity: 52
Merit: 0
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April 11, 2014, 10:57:52 PM |
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Anyone know why CGA is not appearing on coinmarketcap.com any more?
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omwtothemoon
Newbie
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Activity: 50
Merit: 0
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April 11, 2014, 11:40:39 PM |
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Anyone know why CGA is not appearing on coinmarketcap.com any more?
It is when you look at all coins instead of top 100, it is number 151 at time of writing http://coinmarketcap.com/all.html
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s4w3d0ff (OP)
Sr. Member
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Activity: 322
Merit: 250
Spray and Pray
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April 12, 2014, 12:04:19 AM |
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Anyone know why CGA is not appearing on coinmarketcap.com any more?
Low volume at the moment but partly because all our exchanges are not listed. I need to get in contact with them ans see if they can update it. But we are still on there.
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Jonesd
Legendary
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Activity: 1876
Merit: 1014
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April 12, 2014, 07:32:46 AM |
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Anyone know why CGA is not appearing on coinmarketcap.com any more?
Low volume at the moment but partly because all our exchanges are not listed. I need to get in contact with them ans see if they can update it. But we are still on there. Would like to acquire some, but trading is too slow on Allcoin, so I'll move to poloniex
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Co-Founder and Managing Partner of Block Bastards
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cswolfe
Newbie
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Activity: 9
Merit: 0
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April 13, 2014, 05:20:36 PM |
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True CGA developers: I suspect the ASIC resistance might prove somewhat true. I know guys with the 250 meg titans coming in. To my knowledge, you cannot "split" the hashing. Correct me if I'm wrong, but especially when mining firepower dedicated to CGA is low, anybody dropping 250 meg onto CGA would pretty much burn themselves (granted, along with everybody else) with the payout system. Mea culpa, but too busy working on rigs to truly read more today on CGA. Things I don't understand. 1) Why even when mining levels remain consistent, difficulty tends to jump all over the board. You could see a < 1 difficutly, then a 6, when hash power dedicated has not changed one iota. 2) when some block payouts, out of nowhere, are odd amounts, even on sub 3 difficulty, like ".15," or "2," not .33. No time to look up the payouts charts to get exact numbers, but I will, if you don't understand what I'm saying.
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s4w3d0ff (OP)
Sr. Member
Offline
Activity: 322
Merit: 250
Spray and Pray
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April 13, 2014, 06:30:05 PM |
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True CGA developers: I suspect the ASIC resistance might prove somewhat true. I know guys with the 250 meg titans coming in. To my knowledge, you cannot "split" the hashing. Correct me if I'm wrong, but especially when mining firepower dedicated to CGA is low, anybody dropping 250 meg onto CGA would pretty much burn themselves (granted, along with everybody else) with the payout system. Mea culpa, but too busy working on rigs to truly read more today on CGA. Things I don't understand. 1) Why even when mining levels remain consistent, difficulty tends to jump all over the board. You could see a < 1 difficutly, then a 6, when hash power dedicated has not changed one iota. 2) when some block payouts, out of nowhere, are odd amounts, even on sub 3 difficulty, like ".15," or "2," not .33. No time to look up the payouts charts to get exact numbers, but I will, if you don't understand what I'm saying. Excellent questions: True, at first if a few titans were to jump into the CGA network it would pretty much "burn out" their rigs for almost no profit, but say that they jumped in not to make a 'quick profit', by dumping the mined coins immediately after mining and move on, but sat in the network for the "long haul", this would raise the difficulty significantly thus making less reward per block and making the CGA at hand more precious to the miners. We would probably see a boom in price per CGA, thus raising its profitability to mine. This has been proven to be the case, look at DOGE for example, they started very low in value (10-20 satoshi I believe) then all the miners started to jump into the network making the mining profitability of DOGE much less, which made the DOGE on hand more valuable, then the 'boom' happened and the price shot up to 300+ satoshi, thus making it one of the most profitable coins once again. I believe this is true for all coins and to run away from progress (ie. ASIC) is running away from your investment. 1) Difficulty isn't exactly directly effected by just the networkhash, the difficulty is determined by the time it takes to solve a number of blocks (in the case of CGA 2 blocks), the software will determine how long it has been between blocks and adjusts the difficulty to try and get close to the 'target time' for block solving (for CGA this is 40 sec). So if someone were to get lucky and solve a block 5 sec after the last block solved then the difficulty will spike, if it takes longer then 40 sec between blocks then the difficulty will drop, so it is more or less 'random' what the difficulty will be but the overall average is effected by the network hash rate. KGW and others are used to "smooth out" the difficulty jumps, but we have found that these have serious exploits and we feel we want to wait until a well tested version of the code is out before we make any changes. 2) Payouts (1/diff and .33333333) are effected by the previous block, not the current one. So if you see a block in the explorer that is worth .123... and the difficulty for that block is < 3 then look at the block before that one and you will see the difficulty that decided the reward for the current block. As for the blocks that claim higher then .33333333, most of the time you are seeing transactions within that block, sometimes (if it is just over .33333333) it is because of a transaction fee that was added to that block. The one thing I have yet to wrap my head around is the blocks that are worth 0, it is probably an integer overflow problem with the difficulty but all the clients seem to agree on the value of the block so it seem not to be a major problem. I have a fix in mind but it would require a hard fork and want to wait a bit before we do such a thing. Besides, it just adds to the 'elusive' factor of this coin so I am not complaining .
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cswolfe
Newbie
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Activity: 9
Merit: 0
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April 13, 2014, 06:33:24 PM |
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s4w3d0ff, thank you so much for the thoughtful and sensible and -quick- response.
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Cor2
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April 13, 2014, 08:31:20 PM |
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Almost 1600 blocks to go and then we are at block 100,000 - this should take less than 18 hours with the designed 40 sec block finding time, but due to the large swings in diff (from 0.6 to 16 without change in network hash rate) the actual average time is about a minute and so block 100k will be just over a day away...
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s4w3d0ff (OP)
Sr. Member
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Activity: 322
Merit: 250
Spray and Pray
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April 13, 2014, 08:41:09 PM |
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Go to http://cganomaly.com/anomalygen/ to make a paper wallet like this one here: Except yours will have a private key
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s4w3d0ff (OP)
Sr. Member
Offline
Activity: 322
Merit: 250
Spray and Pray
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April 13, 2014, 09:15:55 PM |
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Almost 1600 blocks to go and then we are at block 100,000 - this should take less than 18 hours with the designed 40 sec block finding time, but due to the large swings in diff (from 0.6 to 16 without change in network hash rate) the actual average time is about a minute and so block 100k will be just over a day away...
Pardon my ignorance for not reading the whole thread, what is happening at block 100,000? TY nothing
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tf2honeybadger
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April 13, 2014, 09:26:42 PM |
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https://cga.inceptioncraft.net/pool is finally fixed. After an hour of processing the payout backlog (over 900 blocks!), over 300 CGA have been paid out that were stuck there before. If you didn't get your payout, go make sure you've got your payout address right under "Edit Account". Stratum is back up and working, so you can mine there again as well.
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Cor2
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April 14, 2014, 03:26:09 AM |
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Pardon my ignorance for not reading the whole thread, what is happening at block 100,000? TY
We go from 5-digit block nrs to 6-digit ones ;-)
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Biomech
Legendary
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Activity: 1372
Merit: 1022
Anarchy is not chaos.
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April 14, 2014, 08:47:51 AM Last edit: April 14, 2014, 08:58:54 AM by Biomech |
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Im a little bit desappointed of cga devs, its seem they have no plan to promote their coin, no investment in different sites to enter new markets and increase volume. :/
You mean we wont stoop to the level of other shitcoins to trick people into thinking our coin is the latest and greatest beyond what it truly is? We have put everything on the table. It is up to the community to support the coin, not the devs, we are here to make improvements to the coin. If you mean flaunting around spouting the same shit that comes out of every other scamcoin devs mouth then, no, I will not promise you a pink unicorn that you can use to do your taxes with in the name of science and puppies. There is a reason we do everything: " no plan to promote their coin"? Let me make this clear: This is not "my" coin or "the devs" coin, CGA belongs to who ever is holding CGA. We have been contacting blogs and wiggling into this ever expanding shit storm of altcoin propaganda trying to get CGA out there, but 2-4 guys can not do this alone. We need the community to do more then sit around and wait (I am not pointing a finger at anyone, but it would be nice if someone were to at least retweet, share a facebook post, or make a reddit post.) " no investment in new markets"? If you mean new exchanges: We have been excepted on 2 new exchanges in the last 2 weeks (granted one of our devs had created one). We have been adding votes to cryptsy (tho we "devs" are not "hardcore miners" and CGA does not have a premine that we can pull from, we don't have much BTC to spare), I have put all the BTC that I had (which is not much but I gave it all) into crypsy votes (foolish maybe). We have been in contact with the Cryptsy admins for the last few days and they are looking into maybe (MAYBE) adding us even tho we are not on the top of the list (don't get your hopes up). If you mean things other than exchanges: Have you looked at 1BillionHex? I know I haven't said much about it, but we are going to play a major role in this game. I have been told that CGA will probably be used to actually purchase digital land within the game. The way BobNoble described it to me was that you could use CGA to "buy a moon". This game is going to be like nothing anyone has ever seen, it wont be like Flappy or Huntercoin, it will be much, much more. Not only will CGA get ridiculous amounts of exposure from this game, it will guarantee that CGA will not fall off the face of the earth (unlike so many shitcoins before us). We have been working around the clock non stop since CGA was released (partially from recovering from my early mistakes, but these things happen when you try something that no one has done before), working around work, school, and personal schedules, sacrificing our time and sanity to "pick up the slack" that IMO is what the community (that are making all the profit anyway) should be doing. I cannot say I am really part of this community, more of an interested observer. That being said, I have to speak up in support of the Devs of this coin. In the interest of disclosure, I am part of the dev team of a competitor. (Earthcoin). I know first hand how little things can cause well laid plans to go very badly wrong, and how easy it is to try to fix the problem before addressing it. This dev team has not made that mistake, and for that alone you should all thank them. We are still in damage control mode in my camp, and so far there aren't any fundamental flaws in our coin. All because the original core team were not public about some problems they were having. The silence got filled with enough noise to drown the truth. There was no ill intent, just poor communication. But it got out of hand. By contrast, every problem that CGA has had has been quickly, aggressively, and OPENLY dealt with by the development team. That they haven't gone in for slick marketing tricks is of no consequence. CGA is a successful coin on every exchange it's on, and it is tradeable in other ways. From where I sit, it has done well. I've followed this coin almost from it's beginning, because I like it's premise. I see it more as a novelty coin than a serious payment platform. But it is useful as the latter, and there is not a thing wrong with novelty! The Devs are a rough bunch when it comes to business, from the looks of things. Again, absolutely nothing wrong with that. A gruff, honest businessman will retire wealthy, whereas a slick, well packaged nuisance will fade into obscurity. I think they have done very well in getting the mechanics of a rather unique take on the crypto paradigm up and working. Given the number or hiccups, I think most devs would have thrown their hands in the air and walked away. Instead, they have perspired and persevered and have a pretty cool thing going. Don't knock it. Being a dev, even just the communictions officer, is NOT an easy task. Doing it without funding, for the love of it, as these guys have obviously done, is praiseworthy. May you enjoy great success, and the Cryptographic Anomaly be long used and remembered! EDIT: Couple of typos. Hard to type one handed while feeding the baby
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cdboot
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April 14, 2014, 09:29:27 AM |
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Im a little bit desappointed of cga devs, its seem they have no plan to promote their coin, no investment in different sites to enter new markets and increase volume. :/
You mean we wont stoop to the level of other shitcoins to trick people into thinking our coin is the latest and greatest beyond what it truly is? We have put everything on the table. It is up to the community to support the coin, not the devs, we are here to make improvements to the coin. If you mean flaunting around spouting the same shit that comes out of every other scamcoin devs mouth then, no, I will not promise you a pink unicorn that you can use to do your taxes with in the name of science and puppies. There is a reason we do everything: " no plan to promote their coin"? Let me make this clear: This is not "my" coin or "the devs" coin, CGA belongs to who ever is holding CGA. We have been contacting blogs and wiggling into this ever expanding shit storm of altcoin propaganda trying to get CGA out there, but 2-4 guys can not do this alone. We need the community to do more then sit around and wait (I am not pointing a finger at anyone, but it would be nice if someone were to at least retweet, share a facebook post, or make a reddit post.) " no investment in new markets"? If you mean new exchanges: We have been excepted on 2 new exchanges in the last 2 weeks (granted one of our devs had created one). We have been adding votes to cryptsy (tho we "devs" are not "hardcore miners" and CGA does not have a premine that we can pull from, we don't have much BTC to spare), I have put all the BTC that I had (which is not much but I gave it all) into crypsy votes (foolish maybe). We have been in contact with the Cryptsy admins for the last few days and they are looking into maybe (MAYBE) adding us even tho we are not on the top of the list (don't get your hopes up). If you mean things other than exchanges: Have you looked at 1BillionHex? I know I haven't said much about it, but we are going to play a major role in this game. I have been told that CGA will probably be used to actually purchase digital land within the game. The way BobNoble described it to me was that you could use CGA to "buy a moon". This game is going to be like nothing anyone has ever seen, it wont be like Flappy or Huntercoin, it will be much, much more. Not only will CGA get ridiculous amounts of exposure from this game, it will guarantee that CGA will not fall off the face of the earth (unlike so many shitcoins before us). We have been working around the clock non stop since CGA was released (partially from recovering from my early mistakes, but these things happen when you try something that no one has done before), working around work, school, and personal schedules, sacrificing our time and sanity to "pick up the slack" that IMO is what the community (that are making all the profit anyway) should be doing. I cannot say I am really part of this community, more of an interested observer. That being said, I have to speak up in support of the Devs of this coin. In the interest of disclosure, I am part of the dev team of a competitor. (Earthcoin). I know first hand how little things can cause well laid plans to go very badly wrong, and how easy it is to try to fix the problem before addressing it. This dev team has not made that mistake, and for that alone you should all thank them. We are still in damage control mode in my camp, and so far there aren't any fundamental flaws in our coin. All because the original core team were not public about some problems they were having. The silence got filled with enough noise to drown the truth. There was no ill intent, just poor communication. But it got out of hand. By contrast, every problem that CGA has had has been quickly, aggressively, and OPENLY dealt with by the development team. That they haven't gone in for slick marketing tricks is of no consequence. CGA is a successful coin on every exchange it's on, and it is tradeable in other ways. From where I sit, it has done well. I've followed this coin almost from it's beginning, because I like it's premise. I see it more as a novelty coin than a serious payment platform. But it is useful as the latter, and there is not a thing wrong with novelty! The Devs are a rough bunch when it comes to business, from the looks of things. Again, absolutely nothing wrong with that. A gruff, honest businessman will retire wealthy, whereas a slick, well packaged nuisance will fade into obscurity. I think they have done very well in getting the mechanics of a rather unique take on the crypto paradigm up and working. Given the number or hiccups, I think most devs would have thrown their hands in the air and walked away. Instead, they have perspired and persevered and have a pretty cool thing going. Don't knock it. Being a dev, even just the communictions officer, is NOT an easy task. Doing it without funding, for the love of it, as these guys have obviously done, is praiseworthy. May you enjoy great success, and the Cryptographic Anomaly be long used and remembered! EDIT: Couple of typos. Hard to type one handed while feeding the baby +100 The CGA team is not easy. They work hard. 【Couple of typos. Hard to type one handed while feeding the baby】This is the bright spot
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Biomech
Legendary
Offline
Activity: 1372
Merit: 1022
Anarchy is not chaos.
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April 14, 2014, 10:02:58 AM |
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+100 The CGA team is not easy. They work hard. 【Couple of typos. Hard to type one handed while feeding the baby】This is the bright spot She's asleep beside me now here she was a scant few months ago
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cdboot
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April 14, 2014, 10:11:22 AM |
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+100 The CGA team is not easy. They work hard. 【Couple of typos. Hard to type one handed while feeding the baby】This is the bright spot She's asleep beside me now here she was a scant few months ago Good father. Growing up, it should be a pretty girl.
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