[GPUC] GPU Coin | Mandatory Wallet Update

[Sprite160]

You are going to need to mine a gazillion of these coins to "buy" a GPU from them. The opening price on an exchange is going to need to be pretty high. 

[kache]

I have some doubt that you will be able to get the supply you request. I have been in contact with almost every single online computer retailer since before Christmas. Demand is high/supply is low... everything was on backorder I had to prepay for 4-280xs. 2 came in 1.5 months and the other in 2 months. Luckily I did because now prices are 25% higher. Not counting you out but it's hard to see how you will convince wholesalers to do business with you over the likes or NCIX and Tigerdirect. Unless of course demand deminishes.
Nonetheless I wish you luck... I will support the coin by mining, I am still weiry about IPOs. Hope your plan works out for a discount GPU source, the market is competitive good luck

Can't he just buy the GPUs from Europe or another country in which prices are not inflated?

[trademark]

I have some doubt that you will be able to get the supply you request. I have been in contact with almost every single online computer retailer since before Christmas. Demand is high/supply is low... everything was on backorder I had to prepay for 4-280xs. 2 came in 1.5 months and the other in 2 months. Luckily I did because now prices are 25% higher. Not counting you out but it's hard to see how you will convince wholesalers to do business with you over the likes or NCIX and Tigerdirect. Unless of course demand deminishes.
Nonetheless I wish you luck... I will support the coin by mining, I am still weiry about IPOs. Hope your plan works out for a discount GPU source, the market is competitive good luck

Can't he just buy the GPUs from Europe or another country in which prices are not inflated?

I think with all the taxes and shipping, prices will be higher than his wholesale prices in the US.

[GPU Coin]

Hello, today in 10 hours ago, I sent to address your IPO 0.3 bitcoins, why hasn't my number in the donation of IPO your list, my number is 044, please explain, thank you!

Sorry for the delay, every thing is done manually and I had a couple beers last night.  The IPO page is updated.

[GPU Coin]

We do not wish to refute each and every individual post claiming we are a scam and referencing other alt-coins that were scams.  We are a registered limited liability company in the state of Virginia under the name of "GPU Coin LLC" (http://www.bizapedia.com/va/GPU-COIN-LLC.html).  If we don't pay you the IPO coins, you can call our local police department (Chesapeake, Virginia) and file a theft of commodities.  If you have any REAL questions, please feel free to ask.

[GPU Coin]

So do you have a payment processor being developed as part of the payment system?

Also how is the price in GPUCoin going to be determined?

The price of GPU coin is determined by the market.  We are developing an API that links to the current market value and adjusts the amount of GPUC required to purchase each item in real time.

[GPU Coin]

I have some doubt that you will be able to get the supply you request. I have been in contact with almost every single online computer retailer since before Christmas. Demand is high/supply is low... everything was on backorder I had to prepay for 4-280xs. 2 came in 1.5 months and the other in 2 months. Luckily I did because now prices are 25% higher. Not counting you out but it's hard to see how you will convince wholesalers to do business with you over the likes or NCIX and Tigerdirect. Unless of course demand deminishes.
Nonetheless I wish you luck... I will support the coin by mining, I am still weiry about IPOs. Hope your plan works out for a discount GPU source, the market is competitive good luck

You have some good points.  I am still thinking about the IPO.  My concern is, if the store does not open within 2 weeks after launch due to backorders or whatever, the price of the coin could tank. It would be best if the dev had the GPU's in hand before the launch.  

We are trying to make orders well in advance, but the lack of IPO investors is hindering our ability.  We will try to work with our distributor on Monday to see if they can make a small order of 10 GPUs based on our previous credit lines with other distributors. 

Tigerdirect and Newegg have thousands of products they must all have on hand, while we are functioning as a specialty store.  That means all of our capitol will be spent on the GPUs.  We can't buy from the manufacturers directly because they require a minimum of $1,000,000 USD monthly, but we do meet the requirements for distributors and already have accounts set up with them.  We can beat the large retailers pricing because we get them just as cheap as they do, and don't require as high of a profit margin since our overhead costs are minimal.

[scott0577]

I believe in this coin and I did invest. Just wish I had more BTC to invest 

[GPU Coin]

I believe in this coin and I did invest. Just wish I had more BTC to invest 

Thanks for all your support

[vesperwillow]

Trying to understand this coin.

We mine it, and then give it to you to buy GPU's?

The last few GPU orders I've made were by the crate load at 20% off MSRP. If I could mine for them, that would be interesting.

[GPU Coin]

We mine it, and then give it to you to buy GPU's?

Exactly.

[vesperwillow]

Interesting concept. Leveraging the established value of a product, to stabilize the value of the coin.

[Shadow_moon]

If it's not a scam, it will be fantastic!

[gaglkor]

If it's not a scam, it will be fantastic!

This idea immediately stabilize the exchange rate and make the GPU leading currency
But you need a very large funds at the initial stage.
Do you have money?
I see that your IPO gives very little.

[WhiteyZ]

I have not much BTC, but i will invest a bit, because the idea is great and have to be supported. I hope i can buy a GPU in the near future

It would be strange to buy a good GPU, paid with the work from a bad GPU

Go on GPUC!

[oldmarsh]

Too lazy to even photoshop a couple pics of a fake wallet client like StackCoin?

[blacklig]

if you are going to call it gpucoin, make it at least scrypt-n

They cant do it..
Another get rich quick devs scheme..

[hostmaster]

if you are going to call it gpucoin, make it at least scrypt-n

agreed

[GPU Coin]

Too lazy to even photoshop a couple pics of a fake wallet client like StackCoin?

Are you too lazy to even look through 8 pages of a thread and see we have posted a picture of a functioning wallet?

[Chofoe]

Just wondering that count of blocks = 148 = 270270,270GPUC/block? And number of transactions 5? Just curious