[GPUC] GPU Coin | Mandatory Wallet Update

[regtable69]

Sorry for my previous posts that were a type of attack on you.  I was having a crap morning and suffered from some nerd rage.  I actually think you have some valid points.  I am not aware of any coin that has had an IPO that was successful. And there has been much with this coins that could be seen as an indication the people behind it are not technical enough to get it working.

The point I was trying to make (and doing it poorly) by saying all coins are a pump and dump and saying we are all in an experiment is this. (I hope)

Just because a coin with an IPO has not worked in the past does not necessarily mean that it will not work in the future. Stack coins, Panda had premines that were marketed for stability and longevity or whatever.  IN this case it is for the purchase of GPU (diferent? Not sure).  I think in this case it is a better idea than the previous ones.  My point is that unless these things are tried no one knows.  If this turns out to be a scam we all learn a little bit more about how to avoid them, if it is a partial success we will learn what works and what does not work.  I feel like you have decided that this will not work and are not giving it a chance.  If you do indeed care about seeing crypto work, you would be for experimenting and finding out what works (since nothing yet has seemed to work that well).

I think that if the OP can get GPU in stock it will at least supply some constant buy pressure in the market that is not really present in other coins. If anything this will slow down the death of this coins a bit, but it COULD give it stability.

Again sorry for coming down on you.  I hope this does work, but realistically we do not know.  But that is not a bad thing.

Phad.  This post was rushed so sorry if it is not coherent or does not address all that has been said.
 PM me if you want to, or we can discuss on here.  

Lot of rage here so I am not mad if one uses harsh words. One brings up one point of doubt hes instantly attacked, especially with coins where IPO holders try to defent their pelts of the bears that have not been shot yet (don't know here if you are in the IPO but I mean it generally anyhow). That's understandable, but doesn't prove them right.

I honestly thought (hoped) after wolong's huge failure and 250 BTC lost, that people with bloody noses won't run against walls again and the next coins would become more intelligent, sparkling with real features and inventions, bringing fair profit for all involved and some hope for a future. But obviously there is still much space for some to put up the same game again and again.

About the GPU stock, there was another coin with a market at launch, it had no premine, no IPO but tried to approach the problem with instamine. Unfortunatly that was one of the reason why it didn't lift off: People didn't get insane amounts of coins at the first blocks and lost interest quickly, now the price drops steadily. But buying stuff before it's in stock, just out of promises? Then the CEO isn't even able to get his guys together (and no, launching a coin is not a thing, other do that in few days), fails badly several times at launch, but he wants to organize bounty and constant development with the IPO? Sorry, honstestly, if I say, that sane people shouldn't buy into this. Besides I honestly do believe, that a successful coin with reasonable people having interest in it, should not have any problem to collect donations for bounties and exchanges (and if it is only votes and some reddit-shilling or similar) - anyhow, no one needs premine for that let alone IPO.

If one puts a sale on eBay claiming "cheap GPUs, we don't have them yet but you will get them as soon as we get this business running!" and then fail several times, expressing total idiocy... would anyone here actually buy that? I expected too much from humans, if people really buy that.

Seriously, what's with all this weightage given for the failed launches? Like as if launching successfully is an indicator of anything. Same with getting the right devs on the first round. Less than 5% of the investors wanted their IPO back when the refund was offered to all of them. Now that is an indicator of a few things:

1. The investors made an informed decision and not regret anything.
2. The business model is convincing enough to part people with their money.
3. Both miners and investors dont care if the devs or CEO become rich, as long as the coin they hold has value.

So please stop trying to take accountability away from people. Give them the space to learn from their mistakes if they screw up and get burnt. This is a free market.... when enough scams tips the scales, the market will self correct with or without your "opinions". Its just irritating when rage filled "righteous" Uncle Sams like you make it their life's goal to go about correcting people's "delusions", thinking you are helping them.

Do you know what happens to the butterfly if you help it come out of the pupa?

it becomes the most psycadelic spaztic butterfly in history loves you because nobody ever helps them get out but inevitably it dies within seconds due to humanity complex issues.....
p.s it speaks french

[nanoprobe]

Do you know what happens to the butterfly if you help it come out of the pupa?

It dies.

[djm34]

Do you know what happens to the butterfly if you help it come out of the pupa?

It dies.

It doesn't matter what happen to the butterfly, the female produce so many eggs (so the race can make it even will all the hungry predators), that one dead won't change anything.

[nanoprobe]

Do you know what happens to the butterfly if you help it come out of the pupa?

It dies.

It doesn't matter what happen to the butterfly, the female produce so many eggs (so the race can make it even will all the hungry predators), that one dead won't change anything.

Umm! Me thinks you missed the point

[djm34]

Do you know what happens to the butterfly if you help it come out of the pupa?

It dies.

It doesn't matter what happen to the butterfly, the female produce so many eggs (so the race can make it even will all the hungry predators), that one dead won't change anything.

Umm! Me thinks you missed the point

So there was a point....

[nanoprobe]

Do you know what happens to the butterfly if you help it come out of the pupa?

It dies.

It doesn't matter what happen to the butterfly, the female produce so many eggs (so the race can make it even will all the hungry predators), that one dead won't change anything.

Umm! Me thinks you missed the point

So there was a point....

Yes. If you don't see it me trying to explain it won't help.

[djm34]

Do you know what happens to the butterfly if you help it come out of the pupa?

It dies.

It doesn't matter what happen to the butterfly, the female produce so many eggs (so the race can make it even will all the hungry predators), that one dead won't change anything.

Umm! Me thinks you missed the point

So there was a point....

Yes. If you don't see it me trying to explain it won't help.

ok lets take another analogy:
road signs, is it a good thing or a bad thing ?
Answers 1: It's a good thing, it helps people drive better
Answers 2: It's bad thing, people will never learn from their mistakes (if they don't make any...)

[nanoprobe]

Do you know what happens to the butterfly if you help it come out of the pupa?

It dies.

It doesn't matter what happen to the butterfly, the female produce so many eggs (so the race can make it even will all the hungry predators), that one dead won't change anything.

Umm! Me thinks you missed the point

So there was a point....

Yes. If you don't see it me trying to explain it won't help.

ok lets take another analogy:
road signs, is it a good thing or a bad thing ?
Answers 1: It's a good thing, it helps people drive better
Answers 2: It's bad thing, people will never learn from their mistakes (if they don't make any...)

Exactly where are you trying to go with this?

[djm34]

Do you know what happens to the butterfly if you help it come out of the pupa?

It dies.

It doesn't matter what happen to the butterfly, the female produce so many eggs (so the race can make it even will all the hungry predators), that one dead won't change anything.

Umm! Me thinks you missed the point

So there was a point....

Yes. If you don't see it me trying to explain it won't help.

ok lets take another analogy:
road signs, is it a good thing or a bad thing ?
Answers 1: It's a good thing, it helps people drive better
Answers 2: It's bad thing, people will never learn from their mistakes (if they don't make any...)

Exactly where are you trying to go with this?

I don't know, just looks in which context was given the butterfly analogy.

[vesperwillow]

1. The investors made an informed decision and not regret anything.
2. The business model is convincing enough to part people with their money.
3. Both miners and investors dont care if the devs or CEO become rich, as long as the coin they hold has value.

Because a portion - mid, majority..? - of the IPO is going to be dumped at the outset for a profit--it was the plan of several investors all along. Part of it is already being auctioned publically and privately as well. Hopefully will set a market price, but there's no guarantee. This is because the coin, despite being tied to a physical commodity, doesn't need to have a static or high value. It's merely a transport mechanism. It will still work at 1 satoshi, but you wouldn't want it that low.

The biggest factor will be the frontend's ability to provide easy volume of, and well-priced, GPU's. If it can do better than NewEgg and Amazon, GPUC will be in the top 5 altcoins for value. If they don't do better, it will drop and folks will dump.

It's one of the reasons TigerDirect adopted BTC by itself instead of an altcurrency like Amazon is looking into. There's no guarantee the coin's value will mature or stabilize. Too much to bother with.

I'm watching this because this isn't the first coin to have a business frontend with coin value hopefully tied to something with established value, but it is one which I believe has better chance than most. Also it's a bit of a curiosity, like something in a Zoo. 200+ pages of nothing.

[sly5am]

WHERES THE WALLET!!!!!!!

[illiki23]

1. The investors made an informed decision and not regret anything.
2. The business model is convincing enough to part people with their money.
3. Both miners and investors dont care if the devs or CEO become rich, as long as the coin they hold has value.

Because a portion - mid, majority..? - of the IPO is going to be dumped at the outset for a profit--it was the plan of several investors all along. Part of it is already being auctioned publically and privately as well. Hopefully will set a market price, but there's no guarantee. This is because the coin, despite being tied to a physical commodity, doesn't need to have a static or high value. It's merely a transport mechanism. It will still work at 1 satoshi, but you wouldn't want it that low.

The biggest factor will be the frontend's ability to provide easy volume of, and well-priced, GPU's. If it can do better than NewEgg and Amazon, GPUC will be in the top 5 altcoins for value. If they don't do better, it will drop and folks will dump.

It's one of the reasons TigerDirect adopted BTC by itself instead of an altcurrency like Amazon is looking into. There's no guarantee the coin's value will mature or stabilize. Too much to bother with.

I'm watching this because this isn't the first coin to have a business frontend with coin value hopefully tied to something with established value, but it is one which I believe has better chance than most. Also it's a bit of a curiosity, like something in a Zoo. 200+ pages of nothing.

It is a little concerning that the only person with a guaranteed win is the Owner.  Like you said it does not matter if the coin goes down to 1 satoshi, the owner will still be selling at market prices.  It is even worse that the investors are the ones who are paying for this thing.
I really wish there were some sort of condition that if the owner profits but investors do not then portions of profits should be used to repay investors, but that will never happen.

[justafool76]

WHERES THE WALLET!!!!!!!

I second that commet  and I will add this to the comment

PLEASE WHERES THE WALLET!!!!!!!!!!!!!!!!!!!

[Ritual]

"Saturday" is fairly unspecific....has the dev given a time anywhere? I haven't read all 217 pages I admit

Rit.

[djm34]

1. The investors made an informed decision and not regret anything.
2. The business model is convincing enough to part people with their money.
3. Both miners and investors dont care if the devs or CEO become rich, as long as the coin they hold has value.

Because a portion - mid, majority..? - of the IPO is going to be dumped at the outset for a profit--it was the plan of several investors all along. Part of it is already being auctioned publically and privately as well. Hopefully will set a market price, but there's no guarantee. This is because the coin, despite being tied to a physical commodity, doesn't need to have a static or high value. It's merely a transport mechanism. It will still work at 1 satoshi, but you wouldn't want it that low.

So basically everybody is selling out even before the coins is out... That clearly sets a new record

1 gpuc at 1 satoshi means a gpu at roughly 50Millions gpuc... (with block of 20k that may take a while)

[sly5am]

"Saturday" is fairly unspecific....has the dev given a time anywhere? I haven't read all 217 pages I admit

Rit.

  This coin has been plagued with very little communication from devs.. very amateurish

[cozk]

WALLET ONLINE !!!!!














































































































Nope nevermind.

[DougB62]

"Saturday" is fairly unspecific....has the dev given a time anywhere? I haven't read all 217 pages I admit

Rit.

Nope. Surely hasn't. I keep reading to find out a time, and all of your musings help, as at least the content expands each time I F5. So...

...by all means, carry on. 

[goodluck0319]

1.  what time is the launch?
2. I can buy GPU with GPUcoin or not.

[Queripel]

"Saturday" is fairly unspecific....has the dev given a time anywhere? I haven't read all 217 pages I admit

Rit.

It is Saturday now so where is the Wallet & conf file?




I wonder if will see the re-re-re-relaunch tonight

I think it is 8 am where the CEO lives, so he prolly wants to have breakfast and have a crap before he releases his coin.

he had communicated to me launch around 17:00 EST.