[GPUC] GPU Coin | Mandatory Wallet Update

[busoni]

Is there a verified correct chain? It looks like the block explorer is not on the correct chain--is this the case? GPUC is still frozen on Poloniex, because I want make sure the wallet is on the correct chain before I resume it.

[Cryptock]

It's a shame that GPUCoin is dead..

[Jonesd]

★ Coin Revolution ★

The voting has started at the Coin Revival Foundation and GPU Coin is one of the nominated coins! Promote your coin and vote at:

VOTE HERE

[micryon]

Is there a verified correct chain? It looks like the block explorer is not on the correct chain--is this the case? GPUC is still frozen on Poloniex, because I want make sure the wallet is on the correct chain before I resume it.

The block explorer is not on the correct chain.  We need to take that down from the OP until it gets updated.  I'll work on a replacement block explorer this week.. but again, OP needs to get updated (and we can't unfortunately without jaymes)

This is correct chain as of this time:

{
    "blocks" : 72766,
    "currentblocksize" : 0,
    "currentblocktx" : 0,
    "difficulty" : 0.26987349,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 18061752,
    "pooledtx" : 0,
    "testnet" : false
}

[hanoosh]

WTS 426523 GPUC , Offers ?

[micryon]

It's a shame that GPUCoin is dead..

Well the original idea is dead.. the coin is still alive though.. still 18m n-scrypt hashes on it, already on some exchanges , etc.

A community take over seems like it's viable.. but needs some serious work on the promotion/marketing side.  We still have technical sides covered between hendr1x and myself..

At this point we can count Jaymes out.  He probably wanted to honestly build a legit business at first, but as soon as it ran into trouble.. since this is just an internet forum, it's easy to just give up/walk away.. probably walked away with some IPO cash as well.  Definitely unfortunate for us bag holders.. but meh.. it happens.  

We need a promoter/marketer type to revitalize it... if someone is willing to step up to the plate, tech devs are still here..

[waldistons]

WTS 426523 GPUC , Offers ?

I'll buy for 0,00426523 BTC, assuming You are on right chain

[DougB62]

★ Coin Revolution ★

The voting has started at the Coin Revival Foundation and GPU Coin is one of the nominated coins! Promote your coin and vote at:

VOTE HERE

Voted

Voted 

[d4wn0ff473]

I don't think anyone should cut out and run just yet. I would at least wait until the scrypt asics hit before calling the coin dead in the water. I have said this before and I will say it again. The people who bought into the "IPO" should not be surprised at how any of this played out. They all complain like they are stock holders, but as i have said over and over again, you are not stock holders and you do not hold stake in a company. If you held stake in the company you would own shares in the LLC, cryptocurrencies are not shares. Also investments take time, and said investments take risk. Its always a gamble, if everyone who held btc at 5 bucks cut and run thinking it was dead none of us would be here now. Just to put it plainly as possible there is no such thing as a get rich quick solution to your own personal financial problems. Losing money is part of investing, and understanding that will make you a smarter investor because you will vet the situation properly before jumping headfirst into a shit storm. Which this obviously was from all the signs from the very beginning. Not including failed launches 1-6. I personally never trust a coin "IPO" because it is not an IPO. Companies have IPOs specifically to expand their capital to broaden their market for their proven product. Coins have no proven product until they are successfully publicly traded.

All that being said I'm still sitting on my coins until the asics come out and the gpu farms switch to scrypt-n, because there is a possibility of a revival in diff and hash power, increasing value. I also still believe in the concept of the coin and the value set forth behind it, but the execution has been so ill managed that it was not successful. All this requires is a competent person to take it over who can put the time into the "company" as a whole. The LLC would have to be re-registered though to strip jaymes from it, assuming he can be found it probably will not be a pretty process. Also the registered agent should be a CPA or Lawyer not a singular entity with no public registrant ties who can cut and run like this.

Just to add, I'm sorry you lost money on the "IPO" but the contract for the "IPO" was fulfilled when you received the coins. That was the nature of the agreement, hence the reason I have a huge distrust with coin "IPOs."

[malbee]

★ Coin Revolution ★

The voting has started at the Coin Revival Foundation and GPU Coin is one of the nominated coins! Promote your coin and vote at:

VOTE HERE

Voted!

[vesperwillow]

All that being said I'm still sitting on my coins until the asics come out and the gpu farms switch to scrypt-n, because there is a possibility of a revival in diff and hash power, increasing value. I also still believe

You mean when they hit bigger and more spread out than they are now? By the end of the year, scrypt-n asic will be the next best thing.

This coin, in its technical function, works well. It's working great right now. But nobody needs it because the business is dead.

[micryon]

All that being said I'm still sitting on my coins until the asics come out and the gpu farms switch to scrypt-n, because there is a possibility of a revival in diff and hash power, increasing value. I also still believe

You mean when they hit bigger and more spread out than they are now? By the end of the year, scrypt-n asic will be the next best thing.

This coin, in its technical function, works well. It's working great right now. But nobody needs it because the business is dead.

yeah, we're missing the business angle that was the original intention of this coin. 

But that isn't to say we can't think of a new business angle...

[tylerderden]

 ok so he has the gpucoin store llc or whatever he called it, community takeover would be pretty easy because I don't think he put the coin into the llc so there is nothing stopping us from opening a store under a different name and accepting gpu coin. dude's an idiot because he could have made a lot of money legit instead of a little pile of single satoshi coins and a few cards but whatever.. I think any coin with an IPO is bullshit and this just puts another nail in the coffin for the scammers.

[Jonesd]

★ Coin Revolution ★

It's a shame that GPUCoin is dead..

Well the original idea is dead.. the coin is still alive though.. still 18m n-scrypt hashes on it, already on some exchanges , etc.

A community take over seems like it's viable.. but needs some serious work on the promotion/marketing side.  We still have technical sides covered between hendr1x and myself..

At this point we can count Jaymes out.  He probably wanted to honestly build a legit business at first, but as soon as it ran into trouble.. since this is just an internet forum, it's easy to just give up/walk away.. probably walked away with some IPO cash as well.  Definitely unfortunate for us bag holders.. but meh.. it happens.  

We need a promoter/marketer type to revitalize it... if someone is willing to step up to the plate, tech devs are still here..

We currently have a vote going for the Coin Revival Foundation to take over this coin. Can you fill me in about the current situation?

Our topic is here: https://bitcointalk.org/index.php?topic=576714.0

[Forexperiments]

The problem of the store is that you can easily buy a lot of GPUC at 1 satoshi, then buy a GPU when the price is at 2 satoshi. The store owner then will have a trouble to sell the GPUC at 2 satoshi, and the customer would have effectively bought the GPU at half the price...

[Jonesd]

The problem of the store is that you can easily buy a lot of GPUC at 1 satoshi, then buy a GPU when the price is at 2 satoshi. The store owner then will have a trouble to sell the GPUC at 2 satoshi, and the customer would have effectively bought the GPU at half the price...

Does the store actually ship?

[mtrycz]

The problem of the store is that you can easily buy a lot of GPUC at 1 satoshi, then buy a GPU when the price is at 2 satoshi. The store owner then will have a trouble to sell the GPUC at 2 satoshi, and the customer would have effectively bought the GPU at half the price...

This problem could be resolved by making the exchange swap the pair:
GPUC/BTC -> BTC/GPUC

This way you have way more granularity in the price.
Would this be possible?

[Forexperiments]

Does the store actually ship?

It looks like the store doesn't actually ship, if I understood correctly.

This problem could be resolved by making the exchange swap the pair:
GPUC/BTC -> BTC/GPUC

This way you have way more granularity in the price.
Would this be possible?

Just open a GPUC/LTC pair. The problem is that if this pair is opened, the price will drop to even lower values (see fedoracoin)

[malbee]

★ Coin Revolution ★

The voting has started at the Coin Revival Foundation and GPU Coin is one of the nominated coins! Promote your coin and vote at:

VOTE HERE

Voted!

Go vote!!

[vesperwillow]

They're not shipping, so it's all moot.