[GPUC] GPU Coin | Mandatory Wallet Update

[jinni7241500aa]

just saw the market place. pretty sweet for a young coin!  

People tend to be more interested in a young coin,
Good luck to you.

[amdfxman1701]

Saw the latest price of GPUC, looks like us IPO investors got royally hosed. 

Nothing ventured nothing gained.

[lemfuture]

Saw the latest price of GPUC, looks like us IPO investors got royally hosed. 

Nothing ventured nothing gained.

there is no certainty in the market. besides, you lose only when you sell at a loss

[malbee]

If CoinWarz was pulling the correct value, GPUC would be one of the top most profitable coins on the list. 

[bananahunter67]

I have seen that there are 8 people listed on the Dev team.  Who exactly are they?  Is Pastet89 one of them?

Online hype is lacking for this coin.  The only thing I see is Pastet89 trolling and spamming other thread on litecointalk.org which is not good press at all.

It will suck if this coins dies due to lack of effort after launch, I think it is a decent Idea.

Thank you for your input.
We have more things in our plans to come in the next few days but if you have some exact suggestion for better activity you are free to share it in public.

  2 suggestions directly to you.

1. Stop spamming threads on this board and others. It is not good for our image.

2. Stop trying to buy coins in this thread.  Place buy orders on exchanges so potential adopters see increased buy pressure.

Some general suggestions.

  Twitter campaign, facebook campaign, someone organise a donation so that the community can put money towards something (charity, a decent cause, whatever) and then market the heck out of that.  There are many things that can be done to get the words out.  Off the top of my head do a giveaway of GPU coins for a certain number of followers on the twitter account.  Or a giveaway to get so many retweets of a catchy hashtag.  Anything that can direct more eyes to this thread (Or a new cleaner one) will help.

  Phad

1. I am not sure what exactly do you call spamming and how do you imagine marketing gaining popularity without posting promoting posts. I doubt I agree with you on that and I can tell you that I have marketing experience and know that aggressive marketing is quite equal to what I suggest you call spamming, but is the only key to success as one can not sit down relaxed and wait for the others to come and buy his product without running the hot alaram about it around.
2. I agree with you, I appologize and I will make a note of this and I have put my orders on the exchanges. I just coudl't resisist to try to buy some cheap cois for my last time  as I know what is going begind the scenes and that soon the price will rise up like crazy.
3. Twitter campaign, Facebook campaign and this thread activity have other guys reponsible for them. My activities are strictly predifined with the CEO and I am working on them and I can just tell you that I am currently waiting for a short answer by his side to clear some details before we start a massive promoting campaign, so please, stay tuned.
4. I am OK with you not liking me or my style, however, please, keep your toughts for you or just send me a PM next time instead of trolling in publicity the thread. Let's keep just the positive emotions around GPUcoin here!

[jollyriffic]

dumped my last $70 into gpu coin. now have 2,243,798.
with btc so low, its a great time to buy gpu coin.
birthday is at the end of april, hopefully gpu sky rockets so i can get a 280x. i can dream right

[waltsmith]

dumped my last $70 into gpu coin. now have 2,243,798.
with btc so low, its a great time to buy gpu coin.
birthday is at the end of april, hopefully gpu sky rockets so i can get a 280x. i can dream right

You bet, all altcoins are hurting right now with the low price of BTC, making it a great time to buy some coin, not so great to be selling it tho. For the store's sake I hope it goes up by next week.

waltsmith

[GPU Coin]

Win free GPUs in our newest drawing
https://bitcointalk.org/index.php?topic=550206.0

[illiki23]

Win free GPUs in our newest drawing
https://bitcointalk.org/index.php?topic=550206.0

While it is good to hold contests that may promote this coin, there are risks to rewarding people for posting and basing the contest on who has the most posts (of those picked).

It might have a negative impact on the signal to noise ratio of our posts.  We will have to see how posts change during the period of time that the contest runs.  I could do a statistical analysis. and then some data mining, of word frequencies and other features associated with the posts during that time frame to see if there are any statistically significant deviations from the norm.

And BTW, this is my first post that is required by the contest.  I like to increase my chances of winning so you all might here a lot more feedback from me, both good and bad.  I guess that is a good thing..

[illiki23]

Constructive criticism:  I believe it is a bad idea to hold a sale on friday.

The GPU's are already on sale practically, they are low enough that anyone looking on the market for a GPU who knows how to buy GPUCoin and knows about the store will likely buy them regardless whether they are at the current price or discounted further.

The problem is not that the prices are not cheap enough.
The problem is twofold:  1.  People don't know about the GPUCoin store in general.
                                 2.  The process of getting GPUCoins is too confusing and labor-intensive.

By holding a sale you are not likely to increase your customer base (you will a little).

What might happen though is people who were going to buy (I was going to buy but waiting for the coin to go back up in price) are now going to wait until the sale.

What you should have done is spent the money you are going to lose through selling the items cheaper on advertising.

You also NEED to make it clearer how to get GPUCoins and stop scaring away potential customers.  I have not looked for awhile but the last time I looked your site and business had serious problems.  There was no link to a page telling a customer how to get GPUCoins.

[lemfuture]

Constructive criticism:  I believe it is a bad idea to hold a sale on friday.

The GPU's are already on sale practically, they are low enough that anyone looking on the market for a GPU who knows how to buy GPUCoin and knows about the store will likely buy them regardless whether they are at the current price or discounted further.

The problem is not that the prices are not cheap enough.
The problem is twofold:  1.  People don't know about the GPUCoin store in general.
                                 2.  The process of getting GPUCoins is too confusing and labor-intensive.

By holding a sale you are not likely to increase your customer base (you will a little).

What might happen though is people who were going to buy (I was going to buy but waiting for the coin to go back up in price) are now going to wait until the sale.

What you should have done is spent the money you are going to lose through selling the items cheaper on advertising.

You also NEED to make it clearer how to get GPUCoins and stop scaring away potential customers.  I have not looked for awhile but the last time I looked your site and business had serious problems.  There was no link to a page telling a customer how to get GPUCoins.

i'd listen to this guy. thumbs up

[hendr1x]

You also NEED to make it clearer how to get GPUCoins and stop scaring away potential customers.  I have not looked for awhile but the last time I looked your site and business had serious problems.  There was no link to a page telling a customer how to get GPUCoins.

If you have specific recommendations I would gladly implement them into the website.  I'm not clearly exactly what you mean though.

[illiki23]

You also NEED to make it clearer how to get GPUCoins and stop scaring away potential customers.  I have not looked for awhile but the last time I looked your site and business had serious problems.  There was no link to a page telling a customer how to get GPUCoins.

If you have specific recommendations I would gladly implement them into the website.  I'm not clearly exactly what you mean though.

Where on the GPUCoin store website is a link to a place to purchase GPUCoins or instructions on how to obtain GPUCoins?

The answer to that questions should answer yours.

[hendr1x]

Ok, so you are thinking it will contain information about how to convert fiat to BTC and then what exchanges to use?

[illiki23]

Ok, so you are thinking it will contain information about how to convert fiat to BTC and then what exchanges to use?

A link to an information page describing how people obtain GPUCoins would definitely be useful.

How do you expect someone who hears about the cheaps GPUs will be able to make a purchase if they have no idea what GPUCoins are or where to get them?

I for one would get frustrated and forget about the site.

I believe right now that the difficulty of obtaining GPUCoins and lack of information is one of the big hurdles for this site, much more than the prices.

[illiki23]

An ideal information page would be like an infographic - easy to read with valuable information.

On it you would describe how people get GPUCoin.

This would include a brief description of how people mine for them, and a link to a page with further informaiton about mining.

It would also describe how you can get GPUCoin on exchanges, and include a link to a page listing exchanges and more information.

And a link to this should clearly be on the store' main page.  I would have a 'How to get GPUCoin' icon near were the prices are listed.

[jollyriffic]

i think taking the idea of the "getting started" that pools have, is a good idea for pointing people in the direction of getting coins
you can make it two parts
part 1 is how to mine the coin with maybe the top pools and explain what software to use with what settings
part 2 could be how to buy it using the exchanges out there.

also my suggestion on selling gpuc directly from the store front at a slightly elevated price would also help out.

[Lunesta]

also my suggestion on selling gpuc directly from the store front at a slightly elevated price would also help out.

that would be pretty clever since people would buy gpus and think of learning the system for
an even better deal. If anything I think it will succeed in pulling more people into gpucoin for
that matter. Would have a fantastic effect on the market if people bought into gpucoins and
bought there gpus and are just gone after that. No pump and dump.. only pump

[malbee]

An ideal information page would be like an infographic - easy to read with valuable information.

On it you would describe how people get GPUCoin.

This would include a brief description of how people mine for them, and a link to a page with further informaiton about mining.

It would also describe how you can get GPUCoin on exchanges, and include a link to a page listing exchanges and more information.

And a link to this should clearly be on the store' main page.  I would have a 'How to get GPUCoin' icon near were the prices are listed.

And the price in USD so that people know that if they jump through these hoops...what they are doing it for.  The value needs to be clear...both to miners and the general public.

[jimlite]

I've been saying this for a while.  The main page needs to at least have links to the 4 good exchanges
so miners or tech savy/bitcoin investors can go to to get GPU coin.  But more importantly, if it can be
implemented, anyone should be able to buy GPU coin right at the store. There are two advantages for
two different groups.
1)Store sells GPU coin for bitcoin.  This is for the technically inclined. Easy to implement and bonus is
the CEO does not have to convert GPU coin after a sale to  bitcoin on an exchange (so no dump), he
already has both the bitcoin and gpu coin he just sold after the card is purchased.
2)Store sells GPU coin for FIAT.  This is for non technically inclined.  May be my grandma, ebayers used
to paypal, or just straight gamers wanting a card.  Ability to buy GPU coin in USD $$s EASILY. Now I
don't know if it is easier to enter your paypal info or credit card info for Hendr1x to implement, but I have
paid for many things over the internet with both Paypal and Credit/Debit cards.  I see no reason why
you couldn't buy GPU coin that easily. (On second thought, people would need the wallet download with
instructions, so not that easy for newbies, that info needs to be on the main page)
Both of these improvements would also let CEO buy more cards and mining equipment because he has
more USD $$s from paypal, credit cards, or bitcoin (which he converts, so not as ideal). And he also
just gets his GPU coin right back, which he still can sell or slowly liquidate if needed on the exchanges.
If this was done, I think there could be a lot more interest and publicity for the non crypto crowd.
And the crypt crowd doesn't need publicity, they already know about us, they need Mintpal and Cryptsy!
Scrypt is dead, not profitable over electric costs.  Scrypt-n coins are at the top of the profitability lists
now (though not by much), and I bet soon the multipools will have to go to scrypt-n, keccak, x11, etc.
pools to stay competitive and profitable for people as Scrypt Asics are here and will be crazy powerfull
this summer.