[GPUC] GPU Coin | Mandatory Wallet Update

[kqpahv]

my suggesting on making Gpuc rise ...


1-reduce block reward

2-Change the fucking N-scrypt algo .... everyone hate that .... so buggy so hot ....and by changing i mean going to HVC-Qbit-X11  ... things that run cool .... HVC best choice since its nvida friendly ... also Gpu friendly which is the whole thing about this coin

3-people stop bitching about price

4-making more people know that they can buy cheaper rigs for gpuc .. through forum twitter ads

Every noob miner hates N-scrypt. People who know what they are doing love it. So hot ? My cards are running at 55-60C and a 4x280x rig is pulling 840W at @ 0.856mv. HVC and X11 pull about 650W - Yes still 25% less but there isnt a big difference in temps and mining those algos is far less profitable.

[jollyriffic]

How will the store ship the cards without even asking for the name of the recipient? They just don't have a field for the name, only Street, Street2, City, State, Zipcode, and Country. I'm quite certain it's not possible to send an international package without specifying the name of the recipient, not sure about shipping within US though.. Bought a card yesterday and wondering now how is this gonna work.

you arent required to ship a package with a persons name, with any company or destination.

[Kitaj]

New GPU Pool

http://gpu.crypto-coinpool.net

Fee 1% Donation go to Charity

[wacko]

How will the store ship the cards without even asking for the name of the recipient? They just don't have a field for the name, only Street, Street2, City, State, Zipcode, and Country. I'm quite certain it's not possible to send an international package without specifying the name of the recipient, not sure about shipping within US though.. Bought a card yesterday and wondering now how is this gonna work.

you arent required to ship a package with a persons name, with any company or destination.

At least in some countries you won't be able to receive such a package, there are customs' taxes and if there's no name of the recipient on the package then the customs office will just send the package back to the sender as improperly labeled.

Actually, as far as I can remember, out of a few hundred orders I've placed online in different stores across the globe over the years, this is the 1st time I wasn't asked for the name. Like literally the first time.. With all the fails this coin's been through, I just wouldn't be surprised if the store will ship the card to Russia with no name on the package, it'll take a month to get here, then the customs here will turn it around because there's no recipient mentioned on the package, it'll take another 2-3 weeks to get back, and then I'll either have to pay another $55 for shipping or gpucoin will be dead by then and I'll just be totally screwed over.

Is there any way to reach the store's representatives? There's no "Contact us" links on the website, no one's answering any questions in the official forum, and the OP hasn't said anything in this forum for a week. Just how does one contact anyone related to GPU Coin?

[SpeedDemon13]

How will the store ship the cards without even asking for the name of the recipient? They just don't have a field for the name, only Street, Street2, City, State, Zipcode, and Country. I'm quite certain it's not possible to send an international package without specifying the name of the recipient, not sure about shipping within US though.. Bought a card yesterday and wondering now how is this gonna work.

you arent required to ship a package with a persons name, with any company or destination.

At least in some countries you won't be able to receive such a package, there are customs' taxes and if there's no name of the recipient on the package then the customs office will just send the package back to the sender as improperly labeled.

Actually, as far as I can remember, out of a few hundred orders I've placed online in different stores across the globe over the years, this is the 1st time I wasn't asked for the name. Like literally the first time.. With all the fails this coin's been through, I just wouldn't be surprised if the store will ship the card to Russia with no name on the package, it'll take a month to get here, then the customs here will turn it around because there's no recipient mentioned on the package, it'll take another 2-3 weeks to get back, and then I'll either have to pay another $55 for shipping or gpucoin will be dead by then and I'll just be totally screwed over.

Is there any way to reach the store's representatives? There's no "Contact us" links on the website, no one's answering any questions in the official forum, and the OP hasn't said anything in this forum for a week. Just how does one contact anyone related to GPU Coin?

It's on the bottom of the page: https://gpucoinstore.com/contact.php

The responded back about my gpu order with a tracking number.

[wacko]

It's on the bottom of the page: https://gpucoinstore.com/contact.php

The responded back about my gpu order with a tracking number.

Thanks!

[goodluck0319]

are you guys going to order some more gpu? when is it available? how much is it?

[Shintax]

I cant wait to here what the next line of GPUs will be on the storefront!

[bananahunter67]

Come on guys, 5 GPUs are still w8ting to be won by someone, use your signature and try to win one!
https://bitcointalk.org/index.php?topic=550206.0

[waltsmith]

Thank goodness coinwarz is retarded with their API pulls from poloniex. Makes it look less prifitable and is keeping away the mine-n-dumpers.

Still mining other coins to buy GPUC at the exchange, but looks like not many else are.

However the voting on mintpal is doing extraordinarily well.

waltsmith

[SpeedDemon13]

It's on the bottom of the page: https://gpucoinstore.com/contact.php

The responded back about my gpu order with a tracking number.

Thanks!

Your welcome....

They were very helpful....

[malbee]

Thank goodness coinwarz is retarded with their API pulls from poloniex. Makes it look less prifitable and is keeping away the mine-n-dumpers.

Still mining other coins to buy GPUC at the exchange, but looks like not many else are.

However the voting on mintpal is doing extraordinarily well.

waltsmith

Agreed. I'm mining GPUC and ignoring CoinWarz. Holding.

I'm holding as well...I still have faith, but I have to admit...it's fading.  With little to no feedback or direction from "management" it's harder to hold on.  I've mined millions of coins, and have since pulled my miners due to market price, market depth, and lack of focus/direction.  I'd love to believe, and a part of me still does, but it's getting harder.  Right now, we are looking at an empty storefront and no news as to what cards/products, if any, are coming next. 

[illiki23]

Thank goodness coinwarz is retarded with their API pulls from poloniex. Makes it look less prifitable and is keeping away the mine-n-dumpers.

Still mining other coins to buy GPUC at the exchange, but looks like not many else are.

However the voting on mintpal is doing extraordinarily well.

waltsmith

Agreed. I'm mining GPUC and ignoring CoinWarz. Holding.

I'm holding as well...I still have faith, but I have to admit...it's fading.  With little to no feedback or direction from "management" it's harder to hold on.  I've mined millions of coins, and have since pulled my miners due to market price, market depth, and lack of focus/direction.  I'd love to believe, and a part of me still does, but it's getting harder.  Right now, we are looking at an empty storefront and no news as to what cards/products, if any, are coming next. 

GPUCoin is a great idea, unfortunately Jaymes is a very incompetent businessman.

We should have an update by now.

I personally think everyone here is being scammed since GPUCoin REFUSES to practice disclosure.

Facebook IPO investors recently won in court a refund for their IPO investment because Facebook refused to disclose financial information proving they were using the money like they promised they would.

Real IPOs are regulated to protect investors.  Unfortunately GPUCoin held a fake IPO so they think they should not be held accountable to the investors.

I am curious as to the legality of coins these days holding fake IPOs.  IPOs are regulated.  My friend tells me that coin IPOs may be illegal, and we have been arguing about it.

Regardless of legalities, GPUCoin would do a lot better if it was ran by someone more competent in running a business.

A business is not a nuclear reactor. 

[kcheel]

Thank goodness coinwarz is retarded with their API pulls from poloniex. Makes it look less prifitable and is keeping away the mine-n-dumpers.

Still mining other coins to buy GPUC at the exchange, but looks like not many else are.

However the voting on mintpal is doing extraordinarily well.

waltsmith

Agreed. I'm mining GPUC and ignoring CoinWarz. Holding.

I'm holding as well...I still have faith, but I have to admit...it's fading.  With little to no feedback or direction from "management" it's harder to hold on.  I've mined millions of coins, and have since pulled my miners due to market price, market depth, and lack of focus/direction.  I'd love to believe, and a part of me still does, but it's getting harder.  Right now, we are looking at an empty storefront and no news as to what cards/products, if any, are coming next. 

I am holding also, hoping for some inventory updates soon.  I have not been mining GPUC for past week either.  Luckily I got on to the EMC2 train a few days ago, so was sitting on a nice pile of them yesterday when it took off. 

[vesperwillow]

Facebook IPO investors recently won in court a refund for their IPO investment because Facebook refused to disclose financial information proving they were using the money like they promised they would.

Real IPOs are regulated to protect investors.  Unfortunately GPUCoin held a fake IPO so they think they should not be held accountable to the investors.

I am curious as to the legality of coins these days holding fake IPOs.  IPOs are regulated.  My friend tells me that coin IPOs may be illegal, and we have been arguing about it.

Regardless of legalities, GPUCoin would do a lot better if it was ran by someone more competent in running a business.

I think.. just having more frequent updates would be beneficial, and if more people used the store. GPUC would do really well then.

While I understand your frustrations, hindsight is always 20/20, and if you'd researched Virginia LLC's like many folks did, you'd know it's just a company without investors and can't issues shares or IPO's. Demanding he act like he's a corporation when he's not just because you lacked the competency to research an investment.. is not his fault.

[illiki23]

Facebook IPO investors recently won in court a refund for their IPO investment because Facebook refused to disclose financial information proving they were using the money like they promised they would.

Real IPOs are regulated to protect investors.  Unfortunately GPUCoin held a fake IPO so they think they should not be held accountable to the investors.

I am curious as to the legality of coins these days holding fake IPOs.  IPOs are regulated.  My friend tells me that coin IPOs may be illegal, and we have been arguing about it.

Regardless of legalities, GPUCoin would do a lot better if it was ran by someone more competent in running a business.

I think.. just having more frequent updates would be beneficial, and if more people used the store. GPUC would do really well then.

While I understand your frustrations, hindsight is always 20/20, and if you'd researched Virginia LLC's like many folks did, you'd know it's just a company without investors and can't issues shares or IPO's. Demanding he act like he's a corporation when he's not just because you lacked the competency to research an investment.. is not his fault.

Hey, I am just using the words he used.  I know that legally he cannot hold an IPO,  but since he used the word "IPO" and continues to call us 'investors' I am expecting him to follow the rules set in place that regulate IPOs and protect 'investors'.

This is my opinion, and I do have the right to complain as an 'investor'.

Even if this is not a legal IPO he still has to follow some laws pertaining to the selling of products.  He sold coins us coins based on a number of promises such as spending 100% of the investor's money to purchase a batch of GPUs.  They so far have failed to show this is true.  

[Equate]

Can't wait to buy GPU with Coins

[waltsmith]

Well, it looks like coinwarz.com finally fixed whatever was wrong with their API pull. Even tho they have shown GPUC trading at 2 satoshi for the last several days their history shows nothing of the sort now. Also , there is a lil more buy pressure building up it seems.

As for losing faith, look guys, all alts are trading very low, just wait for bitcoin to bounce and all of a sudden you are sitting on gold.

waltsmith

[madbit1000]

Facebook IPO investors recently won in court a refund for their IPO investment because Facebook refused to disclose financial information proving they were using the money like they promised they would.

Real IPOs are regulated to protect investors.  Unfortunately GPUCoin held a fake IPO so they think they should not be held accountable to the investors.

I am curious as to the legality of coins these days holding fake IPOs.  IPOs are regulated.  My friend tells me that coin IPOs may be illegal, and we have been arguing about it.

Regardless of legalities, GPUCoin would do a lot better if it was ran by someone more competent in running a business.

I think.. just having more frequent updates would be beneficial, and if more people used the store. GPUC would do really well then.

While I understand your frustrations, hindsight is always 20/20, and if you'd researched Virginia LLC's like many folks did, you'd know it's just a company without investors and can't issues shares or IPO's. Demanding he act like he's a corporation when he's not just because you lacked the competency to research an investment.. is not his fault.

Hey, I am just using the words he used.  I know that legally he cannot hold an IPO,  but since he used the word "IPO" and continues to call us 'investors' I am expecting him to follow the rules set in place that regulate IPOs and protect 'investors'.

This is my opinion, and I do have the right to complain as an 'investor'.

Even if this is not a legal IPO he still has to follow some laws pertaining to the selling of products.  He sold coins us coins based on a number of promises such as spending 100% of the investor's money to purchase a batch of GPUs.  They so far have failed to show this is true.  

Maybe give them some time? For all you know, they already ordered the GPUs and are just waiting for them to arrive.

I think you may find that anyone can offer an IPO(initial public offering), but you may need to be registered as an PLC or corporation in the USA, unless the IPO can be regarded as a Private investment. , they as owners(Directors) can offer shares in their company for exchange of capital. Saying that, the legalities regarding crypto's are vague. Bitcoin is regarded as property and not currency, so you have just given the director some of your property and not cash effectively for exchange of more property on a like for like basis. with a similar value at the time of issue. I myself, would have probably worded the initial sale of coins as a private investment and nothing more.

Anyway, its only property.. And if the coin was doing really well on the exchanges, i doubt any one of you would have a single complaint. Anyway, why didnt you do your research first. As every investment requires some degree of research and carries a risk, a risk that you might not get back your initial investment and could end up losing some or all of your initial investment.


Now, none of us want that! Give them time, lets see if they have anything to offer to the development of GPUC.. I would have never gone with LLC myself, but it was not mine or our choice to make. A plc has so many complications for tax purposes. I would have chosen a LTD instead personally.

Think it may be different in the USA as these rules apply for UK residents. I just read that the LLC is the most flexible it seems, maybe equivalent to the LTD standard from the UK. In fact, the LLC maybe a perfect solution. As there is less paperwork compared to UK similar version. that requires all taxes to be reportable to company house and also HMRC. Looks like LLC sits in between sole trader(UK) and LTD company structures.


I am currently going through an investment i purchased some years ago, and waiting on the company to offer shares. As i own private equity in a company in Sweden. Who have just recently become a PLC and will be offering us our shares to trade on the stock market, hopefully before the end of this month. So i have had quite a bit of experience with shares/stock as a private investor.

[vesperwillow]

Hey, I am just using the words he used.  I know that legally he cannot hold an IPO,  but since he used the word "IPO" and continues to call us 'investors' I am expecting him to follow the rules set in place that regulate IPOs and protect 'investors'.

I suppose you can expect him to do that, and you'll continue to be disappointed. How often have you invested in actual business ventures? You don't usually get financial protection.

Even if this is not a legal IPO he still has to follow some laws pertaining to the selling of products.  He sold coins us coins based on a number of promises such as spending 100% of the investor's money to purchase a batch of GPUs.  They so far have failed to show this is true.  

As was pointed out like 200 pages ago, he has fulfilled his obligation to the IPO buyers. They provided BTC for a % of GPUC, and the trade was complete. Beyond that, he has no obligation to anyone. A VA LLC is more empowering to the owner for protection, than the customers. All he has to do is pay his taxes. Unless he fails to provide a GPU when purched with GPUC, he hasn't broken a law. He hasn't skirted laws either, nor does he have to disclose where every penny is going because it's his company, not yours.

He could literally print paper GPUC wallets and use them to wipe his ass, and he would be within his legal right to do so, provided he still shipped the GPUs.