[ANN] AIRcoin

[Sprite160]

AIR moved up to #36 on marketcap

[wonderloops]

Opening exchange rates are expected at .00115 BTC/AIR, based off of current regression to the mean trends of .00002000 bitcoin-equivalent-per-kilohash-per-day, assuming a moderate difficulty (2 to 20) before entering an exchange. A higher launch difficulty will result in a higher exchange rate to return to the competitive mean.

THIS IS BULLSHIT.

OP is trying to become an instant millionaire.

Premine 0.25% from 1B coins = 2.5 Million coins * 0.00115 = 2875 BTC

Ask yourself how much it costs to set up a "investment pool that will day trade the coin (in various forms) against other cryptocurrencies".
Dont fall for this shit.

Have faith! Not all developers are after the same intention to become an instant millionaire. However, if they do become an instant millionaire along the way, good for them.

I agree. It's an investment. But I'm just saying those prices are ridiculous. Why does OP mention this in an ANN? Why can't he just build a coin, develop it and watch where it goes? It's because he's planning to cash out. Plain and simple. Look at UTC and learn. There's a difference between building a cryptocurrency and a trading asset.

Dynamic block-reward system based of exchange rates means supply will be manipulated (most proparbly decreased) to the point it reaches equilibrium. OP presents this as if no increase in demand is required to sustain price, which is exactly what a bubble is about. Prices go up based on speculation, which is no longer part of the equation since prices effect supply.

Price is a effect, not a cause.

Feel free to remind me of this post later on.

So, how is your "investmentpool" doing?

[thisisnotmyltcusername]

[slyA]

Lol it's like the titanic capsizing only this titanic was a canoe with polished wood.

Air coin just hindenberged. It was a fun suspensful ride. I have nothing left to add as I have been vindicated. Scollito I think the dick sucking is quite enough now. Some poor sap lost 100% of his coin value. I managed to eject with a 25 percent loss.

Take responsibility for your own fucking trades. Are you twelve years old  ?

Does directing your blame towards me somehow help you cope with your loss?

Don't gamble with money you can't afford to lose.

 I was merely expressing my opinion, if you don't want to read it, then Shut the fuck up.

I'm sitting blindly behind my computer too. You think I'm happy how this turnt out ?

You sound ignorant and naïve.

Look at this stupid bastard. So because I said something negative about the coin we had both cheer led at one point, you are now turning into a rabid fan dog? Get the fuck outta here with that "TAKE RESPONSIBILITY FOR YOUR OWN TRADES" nonsense.

I have every right to blame the devs for not fulfilling their promises. So does the guy who is stuck with 1000 worthless AIR coins. You saying its their fault is a very short sighted and a knee jerk response to anyone who dare blame the devs whose dicks you've been sucking from day 1. Get their cocks out of your mouth and think before writing that trite rubbish on here..

Nobody is eating up any of their shit anymore so you getting angry is useless. I was expressing my opinion that you were jerking the devs off too so why not take your advice and fuck off to wonderland where some mystical algorithm will help you multiply your money 10 fold? Utter cunt.

[romang]

Another coin launched what a surprise. i wouldn't touch this coin seems like another scam.

[dragonseer]

I read my last post back, and thought, 'Here's an opportunity, I'm going to sell my Darkcoins and buy cheap Aircoins!'. So I went to Poloniex and did just that. When I bought some more though, I had a horrible feeling, came back to this thread and read some posts again. 'Team Aircoin' is telling us that they took the controls off, while they look to expand their product here into larger markets. But investors are going to want to know about the history of Aircoin, and how it's performed. There going to come here, and see how they abandoned their 'product' while they tried to network. So I took a loss and dumped it all on the highest buy order, and doubled down on the country coins instead. It isn't going to matter what kind of instablity Spaincoin went through on the exchanges if Spanish people start to adopt it as their own digital currency. But it is going to matter what kind of record the devs have set here if they try and flog their coin anywhere else. So I'm out.. If you stay with this coin, good luck, but I don't see the value anymore.

[albertdros]

so am i the only one that made money with this one ?

[Mortimer452]

so am i the only one that made money with this one ?

I made around 0.5 BTC, all from mining and dumped immediately when Poloniex market came online, I didn't buy any.  It was tempting to purchase some when I saw the price below 0.001 but I decided not to, what a great choice that was

I guess it was people like me who probably contributed to its demise.  But anymore, dumping mined coins as soon as they're able to be traded is about the only way to make money.  There are very, very few out there anymore with enough support for long-term growth.

[andyatcrux]

I've been mining an X11 coin to see how my rigs handle it since the AIRcoin devs talked about possibly implementing X11 into AIRcoin.

Results so far are good. 2.01Mhs for a R9280x and only using 50% of the power as scrypt and scrypt-n.

Cards are running between 50-65 degrees.

This reddit post backs up my experience as well.

http://www.reddit.com/r/Hirocoin/comments/215lkd/changing_landscape_for_scrypt/

X11 could be a good move for AIRcoin if they can make it work.

You can get easily 2.15-2.25 (2.3 if you have good card) per 280X with the 4.1.0

I got my setting at Darkcoin thread (obviously) as that's were the X11 originates.

2.15 - I 13, w 256, g 2, 8192 threads, clocks 1050/1500 (lowest reject rate for me)
2.25 - I 13, w 256, g 2, 8192 threads, clocks 1120/1500 (a bit more rejects)
2.3 - I 18, w 256, g 1, lookup-gap 2 8192 threads, clocks 1150/1500 (crashes sometimes, but works on strong cards)

Thanks for those settings.

Managed to get 2.06Mhs for now so an improvement already.

You can play with the core speed, I found quite a linear improvement in just core clock increase, leaving memory the same. Seems with X11 there are no more "sweet spots", relying heavily on very specific ratios, so much easier to set up.
Also try memory 1600 if your cards can handle it (seperately from other changes).

Glad to see this support for the x11. Isawhim had a bad break and seems to think that Powercolor 7970s are susceptible to problems with this. I cannot know since I don't own any, but I can say my 7790s and R9 270s run a lot cooler, use less power, and hit the speeds that they are supposed to with x11 (about 3.5 times the hashing speed). I also have no HW error like I did mining Vertcoin. It is a matter of time before people realize, I think, that X11 is GPU friendlier than Scrypt Adaptive N-factor like Vertcoin has. It is far easier on my electric bill to. Also the shit will really hit the fan when ASICs are manufactured to have expandable memory to accommodate for the adjustments in N-factor, effectively ending Vertcoins claim of ASIC resistence, or flat out ASIC "proof"ness and some Verter's claimed at the beginning of it's hype. (Disclaimer, I still like Vertcoin and it is for that very reason I am being critical of this). Removing X11 from the table is a big mistake in my opinion. People who dislike this idea seem to have exited or are not miners anyway, and are concerned that it will distract from other areas that need focus. I respectfully disagree with this notion because I think the significance of this implementation is largely undervalued at this point. Given the recent crash in prices we may just need something big like this to inject some AIR back into things.

[andyatcrux]

so am i the only one that made money with this one ?

I made around 0.5 BTC, all from mining and dumped immediately when Poloniex market came online, I didn't buy any.  It was tempting to purchase some when I saw the price below 0.001 but I decided not to, what a great choice that was

I guess it was people like me who probably contributed to its demise.  But anymore, dumping mined coins as soon as they're able to be traded is about the only way to make money.  There are very, very few out there anymore with enough support for long-term growth.

The psychology of mining and trading is very interesting. I see that many miners know that they are hurting a coin by dumping right away, but find it is the safest way to make a profit. This is under the premise that other miners will think exactly the same way. Mortimer, I don't think in this case that you alone made any significant contribution to the coins demise. This was after all suppose to be resistant against that sort of thing. Now the group mentality that seems hard to avoid did probably contribute a lot. This seems like a lesson in psychology for the devs. They laid out a plan (that they admit was flawed) that would have gone much better if the miners collectively behaved in the interest of making more money in the long run. Someone pointed out that they should have allowed the dumping first before making any implementation of a trading engine. In retrospect, yes that would have been a good idea. I should probably know better but I am hoping that this is what is occurring right now.The shaking of the weak (or sensible depending on how you see it) hands and dumpers. But I realize it is likely not. I have entered full on gambling territory of the speculative scale at this point.

[luke997]

I read my last post back, and thought, 'Here's an opportunity, I'm going to sell my Darkcoins and buy cheap Aircoins!'. So I went to Poloniex and did just that. When I bought some more though, I had a horrible feeling, came back to this thread and read some posts again. 'Team Aircoin' is telling us that they took the controls off, while they look to expand their product here into larger markets. But investors are going to want to know about the history of Aircoin, and how it's performed. There going to come here, and see how they abandoned their 'product' while they tried to network. So I took a loss and dumped it all on the highest buy order, and doubled down on the country coins instead. It isn't going to matter what kind of instablity Spaincoin went through on the exchanges if Spanish people start to adopt it as their own digital currency. But it is going to matter what kind of record the devs have set here if they try and flog their coin anywhere else. So I'm out.. If you stay with this coin, good luck, but I don't see the value anymore.

My oh my... swapping Darkcoins for Aircoins... and now going into country coins

You Sir need to revisit your investment strategy you're doing the exact opposite of what you should be doing.

Crap coins are good for a quick gain only, even better to stay away altogether.

so am i the only one that made money with this one ?

Nope I made a lot and I know few others.

[Isotactic]

so am i the only one that made money with this one ?

I made around 0.5 BTC, all from mining and dumped immediately when Poloniex market came online, I didn't buy any.  It was tempting to purchase some when I saw the price below 0.001 but I decided not to, what a great choice that was

I guess it was people like me who probably contributed to its demise.  But anymore, dumping mined coins as soon as they're able to be traded is about the only way to make money.  There are very, very few out there anymore with enough support for long-term growth.

I actually did quite well on this coin using this exact strategy. I was able to sell off on the first and second day and have not looked back.

[luke997]

Glad to see this support for the x11. Isawhim had a bad break and seems to think that Powercolor 7970s are susceptible to problems with this. I cannot know since I don't own any, but I can say my 7790s and R9 270s run a lot cooler, use less power, and hit the speeds that they are supposed to with x11 (about 3.5 times the hashing speed). I also have no HW error like I did mining Vertcoin. It is a matter of time before people realize, I think, that X11 is GPU friendlier than Scrypt Adaptive N-factor like Vertcoin has. It is far easier on my electric bill to. Also the shit will really hit the fan when ASICs are manufactured to have expandable memory to accommodate for the adjustments in N-factor, effectively ending Vertcoins claim of ASIC resistence, or flat out ASIC "proof"ness and some Verter's claimed at the beginning of it's hype. (Disclaimer, I still like Vertcoin and it is for that very reason I am being critical of this). Removing X11 from the table is a big mistake in my opinion. People who dislike this idea seem to have exited or are not miners anyway, and are concerned that it will distract from other areas that need focus. I respectfully disagree with this notion because I think the significance of this implementation is largely undervalued at this point. Given the recent crash in prices we may just need something big like this to inject some AIR back into things.

Isawhim had just bad luck, X11 is stressing GPU/memory much less than scrypt.
I have several 7970s and a lot 280Xs, they've been doing nothing but run cooler and using less power on X11.

Agree with what you've noticed, X11 is a clear future for quite a time.

There is several more things at Darkcoin which is future too, sooner or later people will notice.
It all comes down to one thing really. Smart developers innovate, copycats - well just copy. I know where to put my money.

[dragonseer]

I read my last post back, and thought, 'Here's an opportunity, I'm going to sell my Darkcoins and buy cheap Aircoins!'. So I went to Poloniex and did just that. When I bought some more though, I had a horrible feeling, came back to this thread and read some posts again. 'Team Aircoin' is telling us that they took the controls off, while they look to expand their product here into larger markets. But investors are going to want to know about the history of Aircoin, and how it's performed. There going to come here, and see how they abandoned their 'product' while they tried to network. So I took a loss and dumped it all on the highest buy order, and doubled down on the country coins instead. It isn't going to matter what kind of instablity Spaincoin went through on the exchanges if Spanish people start to adopt it as their own digital currency. But it is going to matter what kind of record the devs have set here if they try and flog their coin anywhere else. So I'm out.. If you stay with this coin, good luck, but I don't see the value anymore.

My oh my... swapping Darkcoins for Aircoins... and now going into country coins

You Sir need to revisit your investment strategy you're doing the exact opposite of what you should be doing.

Crap coins are good for a quick gain only, even better to stay away altogether.

so am i the only one that made money with this one ?

Nope I made a lot and I know few others.

I'll tell you my strategy if you like. One of the few things that can grow an altcoin market is a successful airdrop for Auroracoin. This will bring more people to cryptos, it is still a tiny market and people are scared away with all the talk of scams and hackers. If people start trading and using it with confidence in Iceland, then more and more Iceland Kronas will turn into cryptos, and people will want to use Spaincoin in Spain and Aphroditecoin in Cyprus. The only other thing that can grow an altcoin market is a serious problem that occurs with bitcoin, and people dumping it for an alternative like Litecoin.

[drakoin]

We have as of, 12 hours ago, the last form of market support was concluded, and it is now a completely free market just like any other cryptocoin with no direct involvement from our system. The price currently is almost entirely dictated by the prices that miners are able to sell at to sustain their profit currently.

Alright.

This is the exact opposite of what you promised before (religious people call that a "lie")
- or at least you were communicating to terribly bad that you could only be misunderstood.

I bought because I believed you that you were to create a coin that provides price stability.
You have changed your coins concept. That is fine for me.

Please be so kind now, and let me get out of your failed little university experiment.

I can do without the promised profit, it's a pity that I believed your promises, but that's what your genre is about...

... but I cannot live with loss of 87% of my investment.

I PM you now.

[albertdros]

We have as of, 12 hours ago, the last form of market support was concluded, and it is now a completely free market just like any other cryptocoin with no direct involvement from our system. The price currently is almost entirely dictated by the prices that miners are able to sell at to sustain their profit currently.

Alright.

This is the exact opposite of what you promised before (religious people call that a "lie")
- or at least you were communicating to terribly bad that you could only be misunderstood.

I bought because I believed you that you were to create a coin that provides price stability.
You have changed your coins concept. That is fine for me.

Please be so kind now, and let me get out of your failed little university experiment.

I can do without the promised profit, it's a pity that I believed your promises, but that's what your genre is about...

... but I cannot live with loss of 87% of my investment.

I PM you now.

LOL? So now that the coin is almost completely dead, the devs are saying THIS!? I was supporting this coin but i just can't believe this. I was very interested to see what would happen when this coin would drop super low and guess what? The dev's pull their 'support' aka the devs declare it dead. I can't believe this. I feel bad for everyone here that lost shitloads of money. I'm going to dump whatever coins i have left and don't look back.

[mpmsvv]

We have as of, 12 hours ago, the last form of market support was concluded, and it is now a completely free market just like any other cryptocoin with no direct involvement from our system. The price currently is almost entirely dictated by the prices that miners are able to sell at to sustain their profit currently.

Alright.

This is the exact opposite of what you promised before (religious people call that a "lie")
- or at least you were communicating to terribly bad that you could only be misunderstood.

I bought because I believed you that you were to create a coin that provides price stability.
You have changed your coins concept. That is fine for me.

Please be so kind now, and let me get out of your failed little university experiment.

I can do without the promised profit, it's a pity that I believed your promises, but that's what your genre is about...

... but I cannot live with loss of 87% of my investment.

I PM you now.

LOL? So now that the coin is almost completely dead, the devs are saying THIS!? I was supporting this coin but i just can't believe this. I was very interested to see what would happen when this coin would drop super low and guess what? The dev's pull their 'support' aka the devs declare it dead. I can't believe this. I feel bad for everyone here that lost shitloads of money. I'm going to dump whatever coins i have left and don't look back.

I'm holding almost 400 aircoins since the begining. I had the opportunity to made made almost 1 BTC of profit and now the value of this coins is less than 0.1 btc..
I will not selling them. I hope the devs make something with this coin... They lie to all the people that believe in this coin...

[Sprite160]

I'm holding almost 400 aircoins since the begining. I had the opportunity to made made almost 1 BTC of profit and now the value of this coins is less than 0.1 btc..
I will not selling them. I hope the devs make something with this coin... They lie to all the people that believe in this coin...

I am holding a bit more than you, and I am going to try to stick it out to the end. Who knows, maybe we will get lucky.

[coinme.info]

I'm holding almost 400 aircoins since the begining. I had the opportunity to made made almost 1 BTC of profit and now the value of this coins is less than 0.1 btc..
I will not selling them. I hope the devs make something with this coin... They lie to all the people that believe in this coin...

I am holding a bit more than you, and I am going to try to stick it out to the end. Who knows, maybe we will get lucky.

I'm hoping that TeamAIRcoin recovers from this bloody nose and comes back fighting with a new plan.

Hard to believe that after all the hype surrounding this launch the University of Chicago boys are going to give up this easily.

Looking forward to some word from the Devs soon.

[dasource]

I'm holding almost 400 aircoins since the begining. I had the opportunity to made made almost 1 BTC of profit and now the value of this coins is less than 0.1 btc..
I will not selling them. I hope the devs make something with this coin... They lie to all the people that believe in this coin...

I am holding a bit more than you, and I am going to try to stick it out to the end. Who knows, maybe we will get lucky.

I am holding considerably a lot more and plan to keep them, i'll even be buying them as people sell them. Whilst things may not have worked out as planned the overall concept is sound and I am looking forward to seeing what is in store.

Rome was not built in a day and perfection is the success of learning.

Watch this space.