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Question: ZEITCOIN
https://zeit-coin.net
https://zeit-knights.slack.com
https://t.me/zeit_coin

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Author Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS]  (Read 1002616 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (3 posts by 3 users deleted.)
KSGuy
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May 09, 2014, 05:11:17 AM
 #9321

lol... I'm apparently not high enough to think any of this is a good idea
Keep trying..lol
I actually just sold most of my zeit the other day to fund another project.
I hope this does well but I'm pretty much out.
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May 09, 2014, 08:42:34 AM
 #9322

HARDFORKED to fully POS
Congrats...

For all those who are using old wallets, please update now...

Ray
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May 09, 2014, 09:06:12 AM
 #9323

Going strictly by the cryptsy and mintpal charts, is this a dead coin?
Not at all. Many just have extremely short attention spans.
Trade volume: under $500 per day
Number of coins: "too many" (20 billion, give or take) and growing "too fast" (25% for the first year)
Price follows the above, giving you the 1 satoshi rate we're seeing.

My thoughts? Yes, ZEIT is pretty much dead. There are so many other coins out there that have gathered more interest, and if no one is interested in a coin then it really serves little purpose.

That's certainly what it looks like. Still, I was curious if there was any turnaround story likely on this front - any new developments around the corner? I think that would pretty much settle whether it's alive or dead.
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May 09, 2014, 09:07:38 AM
 #9324

+1. Where are you getting the 1 satoshi from? It's selling for 2 on Mintpal and 3 on Bittrex. Yes, not big numbers by any means, but like was stated before, this is still a young coin. And it was never designed to be a short term investment to make millions of dollars. Patience grasshopper.

So, what is the long-term plan?
distraido
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May 09, 2014, 09:49:49 AM
 #9325

where are the mining pools?

Rent_a_Ray
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May 09, 2014, 10:43:41 AM
 #9326

where are the mining pools?
Your wallet is your pool. POS.
stevegreer
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May 09, 2014, 10:54:47 AM
 #9327

+1. Where are you getting the 1 satoshi from? It's selling for 2 on Mintpal and 3 on Bittrex. Yes, not big numbers by any means, but like was stated before, this is still a young coin. And it was never designed to be a short term investment to make millions of dollars. Patience grasshopper.

So, what is the long-term plan?

Hmmm... part of me wants to write a long drawn out analysis, but the other part of me doesn't want to be late for work. So I will say for now that one of the long-term plans is to be a viable option for fiat currency. Afterall, isn't one of the best things about cryptocurrency the fact that they are not regulated (controlled) by any governments like fiat currencies are?

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May 09, 2014, 12:01:43 PM
 #9328

HARDFORKED to fully POS
Congrats...

For all those who are using old wallets, please update now...

Ray


What's the latest version?
waldistons
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May 09, 2014, 12:37:21 PM
 #9329

I have version v2.0.1.2. Archive checksum that I downloaded a while ago matched current checksum in webpage. Mining reward isn't even 1 coin now? Not even just for tx fees? Earlier I was able to solo mine and get 1 coin per block, but now I get only accepted boooo shares Cheesy So, with this, mining of any kind has ended, right?

            ▄▄████▄▄
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  ▀▀████████████████████████
      ▀▀█████████████████▀▀
           ▀▀███████▀▀



.SEMUX
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solarion
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May 09, 2014, 01:28:05 PM
 #9330

I have version v2.0.1.2. Archive checksum that I downloaded a while ago matched current checksum in webpage. Mining reward isn't even 1 coin now? Not even just for tx fees? Earlier I was able to solo mine and get 1 coin per block, but now I get only accepted boooo shares Cheesy So, with this, mining of any kind has ended, right?

Correct. This is now a pure PoS coin.
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May 09, 2014, 01:51:38 PM
 #9331

+1. Where are you getting the 1 satoshi from? It's selling for 2 on Mintpal and 3 on Bittrex. Yes, not big numbers by any means, but like was stated before, this is still a young coin. And it was never designed to be a short term investment to make millions of dollars. Patience grasshopper.

So, what is the long-term plan?

Hmmm... part of me wants to write a long drawn out analysis, but the other part of me doesn't want to be late for work. So I will say for now that one of the long-term plans is to be a viable option for fiat currency. Afterall, isn't one of the best things about cryptocurrency the fact that they are not regulated (controlled) by any governments like fiat currencies are?


What are the specifics of the long-term plan that sets this coin apart from other cryptocurrencies vying to be alternatives to government fiat?
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May 09, 2014, 03:00:42 PM
 #9332


What are the specifics of the long-term plan that sets this coin apart from other cryptocurrencies vying to be alternatives to government fiat?

Which other cryptocurrencies are you referring to? The ones that are obvious pump and dump scam coins? The ones with 10 million coin caps where there will never be enough coins in existence to be a truly viable option? Or how about the coins with decent values where the majority of the coins are held by a very small group of people (sounds kinda like the U.S dollar, right?)?

While it is true that there are quite a few people holding huge amounts of Zeit right now, there are only a few who are genuinely supportive of the long term outlook of the coin. There are way more people who are short sighted and are only looking to take advantage of the relative ease with which the coin was mined in it's early stages and are quick to take advantage of any price increase to dump the coins for profit. Maybe those people will tire of the constant low value and dump and move on to the latest pump and dump scam coin of choice. Then the supporters of the coin will have more available on the exchanges, and with the community member's continued support and advertisement, more people who support the Zeitgeist ideals will gain interest and start buying them up.

The community also supports helping projects such as charities, non-profit organizations that benefit mankind, and improving technologies. And of course, we would want Zeitcoin to eventually be accepted as a form of payment at businesses, like how Bitcoin is now. You want more information, then visit www.forum.zeit-coin.com and see what ideas we have for the coin. Better yet, if you have ideas, feel free to share them there.

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May 09, 2014, 04:08:44 PM
 #9333

I've been away a bit.  Is the new Mac wallet working?  I think I still have 1.0.1.0, or whatever it was.  If yes, where can I get it?
Thanks!

Zeitcoin - Mm3rSgi34U5RMnrdusjWeK8UuWNmJu1ogq | Bitcoin - 16bpb3FBFbSvfsvXKabf7C4Zwwgwpkc4vn | Litecoin - LKJhuU68SdMPnRC1EAFimS7KNs4dXs3yrf | Dogecoin - DDeez8PhqRJkGVsu1pTF9SZEWXz3ySke56
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May 09, 2014, 05:01:37 PM
 #9334

I've been away a bit.  Is the new Mac wallet working?  I think I still have 1.0.1.0, or whatever it was.  If yes, where can I get it?
Thanks!

http://www.zeit-coin.com 64Bit for MacOS Lion, Mountain Lion and Mavericks.

FaSan 64Bit Build (running on outdated Snow Leopard and above)
CLICK
BeholdTheTrueWake
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May 09, 2014, 05:42:04 PM
 #9335


What are the specifics of the long-term plan that sets this coin apart from other cryptocurrencies vying to be alternatives to government fiat?

Which other cryptocurrencies are you referring to? The ones that are obvious pump and dump scam coins? The ones with 10 million coin caps where there will never be enough coins in existence to be a truly viable option? Or how about the coins with decent values where the majority of the coins are held by a very small group of people (sounds kinda like the U.S dollar, right?)?

While it is true that there are quite a few people holding huge amounts of Zeit right now, there are only a few who are genuinely supportive of the long term outlook of the coin. There are way more people who are short sighted and are only looking to take advantage of the relative ease with which the coin was mined in it's early stages and are quick to take advantage of any price increase to dump the coins for profit. Maybe those people will tire of the constant low value and dump and move on to the latest pump and dump scam coin of choice. Then the supporters of the coin will have more available on the exchanges, and with the community member's continued support and advertisement, more people who support the Zeitgeist ideals will gain interest and start buying them up.

The community also supports helping projects such as charities, non-profit organizations that benefit mankind, and improving technologies. And of course, we would want Zeitcoin to eventually be accepted as a form of payment at businesses, like how Bitcoin is now. You want more information, then visit www.forum.zeit-coin.com and see what ideas we have for the coin. Better yet, if you have ideas, feel free to share them there.

+1

People do remember that this is an open source community and it is what we make of it, right?
Contributing skills/ideas and enlightening yourself to the Zeitgeist culture will be much more rewarding than collecting coins, no doubt. There are some here who expect to sit back in hopes that others are planning and building Zeitcoin for them. The more that people begin to look at this as a movement and not just a payoff, the more it'll evolve.
Be a part of that evolution.
Be the change you want to see in the world.
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May 09, 2014, 06:03:34 PM
 #9336


What are the specifics of the long-term plan that sets this coin apart from other cryptocurrencies vying to be alternatives to government fiat?

Which other cryptocurrencies are you referring to? The ones that are obvious pump and dump scam coins? The ones with 10 million coin caps where there will never be enough coins in existence to be a truly viable option? Or how about the coins with decent values where the majority of the coins are held by a very small group of people (sounds kinda like the U.S dollar, right?)?

While it is true that there are quite a few people holding huge amounts of Zeit right now, there are only a few who are genuinely supportive of the long term outlook of the coin. There are way more people who are short sighted and are only looking to take advantage of the relative ease with which the coin was mined in it's early stages and are quick to take advantage of any price increase to dump the coins for profit. Maybe those people will tire of the constant low value and dump and move on to the latest pump and dump scam coin of choice. Then the supporters of the coin will have more available on the exchanges, and with the community member's continued support and advertisement, more people who support the Zeitgeist ideals will gain interest and start buying them up.

The community also supports helping projects such as charities, non-profit organizations that benefit mankind, and improving technologies. And of course, we would want Zeitcoin to eventually be accepted as a form of payment at businesses, like how Bitcoin is now. You want more information, then visit www.forum.zeit-coin.com and see what ideas we have for the coin. Better yet, if you have ideas, feel free to share them there.

+1

People do remember that this is an open source community and it is what we make of it, right?
Contributing skills/ideas and enlightening yourself to the Zeitgeist culture will be much more rewarding than collecting coins, no doubt. There are some here who expect to sit back in hopes that others are planning and building Zeitcoin for them. The more that people begin to look at this as a movement and not just a payoff, the more it'll evolve.
Be a part of that evolution.
Be the change you want to see in the world.

Always a pleasure reading your posts sir.
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May 09, 2014, 06:46:50 PM
 #9337


What are the specifics of the long-term plan that sets this coin apart from other cryptocurrencies vying to be alternatives to government fiat?

Which other cryptocurrencies are you referring to? The ones that are obvious pump and dump scam coins? The ones with 10 million coin caps where there will never be enough coins in existence to be a truly viable option? Or how about the coins with decent values where the majority of the coins are held by a very small group of people (sounds kinda like the U.S dollar, right?)?

While it is true that there are quite a few people holding huge amounts of Zeit right now, there are only a few who are genuinely supportive of the long term outlook of the coin. There are way more people who are short sighted and are only looking to take advantage of the relative ease with which the coin was mined in it's early stages and are quick to take advantage of any price increase to dump the coins for profit. Maybe those people will tire of the constant low value and dump and move on to the latest pump and dump scam coin of choice. Then the supporters of the coin will have more available on the exchanges, and with the community member's continued support and advertisement, more people who support the Zeitgeist ideals will gain interest and start buying them up.

The community also supports helping projects such as charities, non-profit organizations that benefit mankind, and improving technologies. And of course, we would want Zeitcoin to eventually be accepted as a form of payment at businesses, like how Bitcoin is now. You want more information, then visit www.forum.zeit-coin.com and see what ideas we have for the coin. Better yet, if you have ideas, feel free to share them there.

+1

People do remember that this is an open source community and it is what we make of it, right?
Contributing skills/ideas and enlightening yourself to the Zeitgeist culture will be much more rewarding than collecting coins, no doubt. There are some here who expect to sit back in hopes that others are planning and building Zeitcoin for them. The more that people begin to look at this as a movement and not just a payoff, the more it'll evolve.
Be a part of that evolution.
Be the change you want to see in the world.

Always a pleasure reading your posts sir.

I hold Zeitcoin and will continue to.  However, it's so easy for people to stuff like "Be a part of the evolution/movement etc," but unless you're holding tons of Zeit, then what is the motivation to be a part of it?  If I was holding billions of coins I would want an evolution and a movement to take place too, but the reality is that most people who hold Zeit don't hold enough to inspire them to go out of their way for this coin or any coin. 

If an evolution or movement is going to take place it needs to be driven by the developers or outsourced to someone who has knowledge of Public Relations and Social Media.  Otherwise counting on a community to suddenly to start a movement is a long shot and poor planning.
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May 09, 2014, 07:03:59 PM
 #9338

I am not even a Zeitcoin "millionaire" yet, so I intend to hold *every* coin I have to mint what little it will yield me.  So, I'm in it for the long haul, no matter how long that may actually be.

Zeitcoin - Mm3rSgi34U5RMnrdusjWeK8UuWNmJu1ogq | Bitcoin - 16bpb3FBFbSvfsvXKabf7C4Zwwgwpkc4vn | Litecoin - LKJhuU68SdMPnRC1EAFimS7KNs4dXs3yrf | Dogecoin - DDeez8PhqRJkGVsu1pTF9SZEWXz3ySke56
solarion
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May 09, 2014, 07:22:48 PM
 #9339


What are the specifics of the long-term plan that sets this coin apart from other cryptocurrencies vying to be alternatives to government fiat?

Which other cryptocurrencies are you referring to? The ones that are obvious pump and dump scam coins? The ones with 10 million coin caps where there will never be enough coins in existence to be a truly viable option? Or how about the coins with decent values where the majority of the coins are held by a very small group of people (sounds kinda like the U.S dollar, right?)?

While it is true that there are quite a few people holding huge amounts of Zeit right now, there are only a few who are genuinely supportive of the long term outlook of the coin. There are way more people who are short sighted and are only looking to take advantage of the relative ease with which the coin was mined in it's early stages and are quick to take advantage of any price increase to dump the coins for profit. Maybe those people will tire of the constant low value and dump and move on to the latest pump and dump scam coin of choice. Then the supporters of the coin will have more available on the exchanges, and with the community member's continued support and advertisement, more people who support the Zeitgeist ideals will gain interest and start buying them up.

The community also supports helping projects such as charities, non-profit organizations that benefit mankind, and improving technologies. And of course, we would want Zeitcoin to eventually be accepted as a form of payment at businesses, like how Bitcoin is now. You want more information, then visit www.forum.zeit-coin.com and see what ideas we have for the coin. Better yet, if you have ideas, feel free to share them there.

+1

People do remember that this is an open source community and it is what we make of it, right?
Contributing skills/ideas and enlightening yourself to the Zeitgeist culture will be much more rewarding than collecting coins, no doubt. There are some here who expect to sit back in hopes that others are planning and building Zeitcoin for them. The more that people begin to look at this as a movement and not just a payoff, the more it'll evolve.
Be a part of that evolution.
Be the change you want to see in the world.

Always a pleasure reading your posts sir.

I hold Zeitcoin and will continue to.  However, it's so easy for people to stuff like "Be a part of the evolution/movement etc," but unless you're holding tons of Zeit, then what is the motivation to be a part of it?

The motivation is just a shade under 28% return/year. If the exchange rate rises, as is likely at these low levels, then that's just icing on the cake. This is not now, nor has it ever been, a quick flip coin.
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May 09, 2014, 07:33:24 PM
 #9340


What are the specifics of the long-term plan that sets this coin apart from other cryptocurrencies vying to be alternatives to government fiat?

Which other cryptocurrencies are you referring to? The ones that are obvious pump and dump scam coins? The ones with 10 million coin caps where there will never be enough coins in existence to be a truly viable option? Or how about the coins with decent values where the majority of the coins are held by a very small group of people (sounds kinda like the U.S dollar, right?)?

While it is true that there are quite a few people holding huge amounts of Zeit right now, there are only a few who are genuinely supportive of the long term outlook of the coin. There are way more people who are short sighted and are only looking to take advantage of the relative ease with which the coin was mined in it's early stages and are quick to take advantage of any price increase to dump the coins for profit. Maybe those people will tire of the constant low value and dump and move on to the latest pump and dump scam coin of choice. Then the supporters of the coin will have more available on the exchanges, and with the community member's continued support and advertisement, more people who support the Zeitgeist ideals will gain interest and start buying them up.

The community also supports helping projects such as charities, non-profit organizations that benefit mankind, and improving technologies. And of course, we would want Zeitcoin to eventually be accepted as a form of payment at businesses, like how Bitcoin is now. You want more information, then visit www.forum.zeit-coin.com and see what ideas we have for the coin. Better yet, if you have ideas, feel free to share them there.

+1

People do remember that this is an open source community and it is what we make of it, right?
Contributing skills/ideas and enlightening yourself to the Zeitgeist culture will be much more rewarding than collecting coins, no doubt. There are some here who expect to sit back in hopes that others are planning and building Zeitcoin for them. The more that people begin to look at this as a movement and not just a payoff, the more it'll evolve.
Be a part of that evolution.
Be the change you want to see in the world.

Always a pleasure reading your posts sir.

I hold Zeitcoin and will continue to.  However, it's so easy for people to stuff like "Be a part of the evolution/movement etc," but unless you're holding tons of Zeit, then what is the motivation to be a part of it?

The motivation is just a shade under 28% return/year. If the exchange rate rises, as is likely at these low levels, then that's just icing on the cake. This is not now, nor has it ever been, a quick flip coin.

Says the guy with billions of coins.  The coin has been fluctuating 25%-50% per day.  Almost an ideal quick flip coin.  LIke I said, I hold and will continue to hold, but I feel like these conversations need to be grounded in reality.
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