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Author Topic: Geist geld, first two blocks contains 7769999+7769 coins generated  (Read 1723 times)
rPman
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September 23, 2011, 12:10:37 PM
 #1

http://blockexplorer.sytes.net/chain/GeistGeld?hi=19&count=20
Quote
Hash: 000000005728d9b146237ae5db269f7d4abbe62530f6caef28e8ed7895ead795
Previous Block: 00000002325a5250292f059d3a3a2b17b1a752f73926289d5d76ca2cc1f94435
Next Block: 00000000260aafae663a0a4c681937968f5cf503a32809232f1f3726dc3257d8
Height: 1
Version: 1
Transaction Merkle Root: f987c6d0e25302172ff7605d1ef2894b6cf7a95fa612702ed64b8c4ba689e5b9
Time: 1315907223 (2011-09-13 09:47:03)
Difficulty: 0.125 (Bits: 1d07fff8)
Cumulative Difficulty: 0.250
Nonce: 1128188948
Transactions: 1
Value out: 7769999
Average Coin Age: 0.00505732 days
Coin-days Destroyed: 0
Cumulative Coin-days Destroyed: 0%
Quote
Hash: 00000002325a5250292f059d3a3a2b17b1a752f73926289d5d76ca2cc1f94435
Next Block: 000000005728d9b146237ae5db269f7d4abbe62530f6caef28e8ed7895ead795
Height: 0
Version: 1
Transaction Merkle Root: b6d09a6425be1a206bd7d1cd8af9e7635345fb706bf1681ed265cab87ec80934
Time: 1315469777 (2011-09-08 08:16:17)
Difficulty: 0.125 (Bits: 1d07fff8)
Cumulative Difficulty: 0.125
Nonce: 1510063910
Transactions: 1
Value out: 7769
Average Coin Age: 0 days
Coin-days Destroyed: 0

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September 23, 2011, 12:22:49 PM
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Yes, they were set to pay the bounty for the block explorer!  Weren't they?      Grin

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September 23, 2011, 02:41:18 PM
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Well, if you read the thread you already know that Cheesy

Do note that first 7769 are part of Genesis block, which I never really figured out how to tap into, so they remain to Satoshi or whomever has the original Bitcoin genesis keys.

Geist Geld, the experimental cryptocurrency, is ready for yet another SolidCoin collapse Wink

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September 23, 2011, 03:50:32 PM
 #4

90% the pre-generated coins, blocks the rise in the price in future exchange markets.
You killed own the project as currency for speculation is still at start, i think.

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September 23, 2011, 04:50:36 PM
 #5

90% the pre-generated coins, blocks the rise in the price in future exchange markets.
You killed own the project as currency for speculation is still at start, i think.

You seem to be under impression that x-coin exchanges are affected by "potential" coins on the market, which is a strange idea that goes against both what happens on various alt-currency markets and what happens with bitcoin (which has a remarkable amount of "dormant" coins that don't move anywhere and are not traded, like, at all, and so far the fact that there is a fairly large proportion of overall of bitcoin count to date that is currently "sequestered" but hypothetically   might enter the exchanges when the stars are right is causing remarkably little panic and awe)

Are you, by chance, proponent of efficient market hypothesis (esp strong variety) ?

Geist Geld, the experimental cryptocurrency, is ready for yet another SolidCoin collapse Wink

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GEG: gK5Lx6ypWgr69Gw9yGzE6dsA7kcuCRZRK
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September 23, 2011, 05:08:22 PM
 #6


at the rate of generation of GG coin.... how long before this amount of pregened coins becomes mouse nuts (i.e. for example less than 3% of all in existence)?

Lolcust?

I think someone in the thread gave estimates of three months until the common mass of Geist outruns my little superfund.

What perplexes me most is the strange idea that 7 mils on an encrypted wallet .dat stored on a thumbdrive will affect the behavior of your average  speculative cointrader.

By that logic, "vanilla currencies" speculative traders should all be nearly infinitely terrified of all fiat currencies, because not only there are players who have large amount of that stuff readily available, but there are players that can make an arbitrary amount at, theoretically, a drop of a hat Smiley

Geist Geld, the experimental cryptocurrency, is ready for yet another SolidCoin collapse Wink

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GEG: gK5Lx6ypWgr69Gw9yGzE6dsA7kcuCRZRK
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September 23, 2011, 05:39:58 PM
 #7

How many are currently in existence?

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September 23, 2011, 05:54:34 PM
 #8

How many are currently in existence?

About 401457 spread among miners and about 7769999 (slightly less, because I sent bounty to Cosicminer for a fanciful pic) in the (Laundry buffer + Bounty fund)

Geist Geld, the experimental cryptocurrency, is ready for yet another SolidCoin collapse Wink

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September 26, 2011, 10:51:49 PM
 #9

Has anyone checked the genesis block of Tenebrix?
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September 26, 2011, 11:17:48 PM
 #10

Has anyone checked the genesis block of Tenebrix?

As made quite apparent by the first post of Tenebrix thread, the existence of Tenebrix Protecshun Fun-d is not a secret (however, unlike other protecshun funds, this one does not involve "protechshun" "rackets" ;-) )

Geist Geld, the experimental cryptocurrency, is ready for yet another SolidCoin collapse Wink

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September 27, 2011, 12:28:58 AM
 #11

Tenebrix Protection Fund will go... That, usability/gui bounties, fixes and my dream of starting up a massive coin laundering "Historical Cryptocurrency Collector" Service.

So you state there is a fund, but how many coins does it have?

How many in brix to the nearest 1000?



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September 27, 2011, 12:36:21 AM
 #12

Tenebrix Protection Fund will go... That, usability/gui bounties, fixes and my dream of starting up a massive coin laundering "Historical Cryptocurrency Collector" Service.

So you state there is a fund, but how many coins does it have?

Same number as in Geist, since I got quite bored of arguing about which number would be "best"

Geist Geld, the experimental cryptocurrency, is ready for yet another SolidCoin collapse Wink

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BTC: 15F8xbgRBA1XZ4hmtdFDUasroa2A5rYg8M
GEG: gK5Lx6ypWgr69Gw9yGzE6dsA7kcuCRZRK
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