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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 1009205 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 1+ user deleted.)
roadies
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March 26, 2014, 05:33:29 PM
 #6661

Has anyone considered a zeit multi-pool similar to bcmultipool or mintpool to keep buy pressure on zeit? Basically mine alt coins, auto-exchange for btc, then auto-exchange for Zeit.
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Whoever mines the block which ends up containing your transaction will get its fee.
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stevegreer
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March 26, 2014, 05:34:03 PM
 #6662

I have 560K. Please try to contain your laughter.  Tongue

<tries to contain laughter>
aaaahahahahahaha Look at the wee little minnow!!!!

<failed to contain laugher>

Sorry :|

Nice. Thanks for that.  Cheesy

And Lion, I only wish I was a millionaire! I couldn't even lie and say I was anyway, because one look at the blockchain and my bluff would be called real quick!

LionOfNarnia
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March 26, 2014, 05:49:20 PM
 #6663

I have 560K. Please try to contain your laughter.  Tongue

<tries to contain laughter>
aaaahahahahahaha Look at the wee little minnow!!!!

<failed to contain laugher>

Sorry :|

Nice. Thanks for that.  Cheesy

And Lion, I only wish I was a millionaire! I couldn't even lie and say I was anyway, because one look at the blockchain and my bluff would be called real quick!

LOL

If the explorer wasn't down I'd do just that Wink

Check yer wallet, dude.

Member of the UK Digital Currency Association * Bitrated user: LionOfNarnia. * Member of the ZeitKnights * Member of the Bytecent Community Team

"I don't always kill & eat things - but when I do it's because I'm a Lion & they were things"
Matni
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March 26, 2014, 05:51:37 PM
 #6664

I have a theory that roughly 10bn of this coin are in safe hands already.
But i would like to get some hard facts. Since not everybody wants to post what they have publicly but the numbers might be interesting for eveyone of us, i want to try the following.

Lets hear it.

Send me PMs (here or on twitter if you like).
What amount you are planing to hold on to for the next 6months or longer.
A rough estimate like "~10million" if you have 8.9 or 14 is good enough.


I will post updates once in a while when i have some numbers.

I got 11mil since last night.
And i cant go any further. Got a tight students budget. Wink


I'm sitting on 25 million in my wallet and have around 400k on Mintpal that I'm slowly adding too. Although this week I've been saving my BTC for Friday.

https://twitter.com/CryptoMatni
"I am Lindsey Lohannnnnnnn"
jam52633
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March 26, 2014, 06:10:34 PM
 #6665

Wow you boys have a lot of Zeit coin.

I thought my mil was a lot, lol
Matni
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March 26, 2014, 06:56:13 PM
 #6666

@ LionOfNarnia = Did you start mining Blitz this evening?

https://twitter.com/CryptoMatni
"I am Lindsey Lohannnnnnnn"
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March 26, 2014, 07:01:35 PM
 #6667

@ LionOfNarnia = Did you start mining Blitz this evening?

Tried to start, loadza problems, gone back to Vert.

One hour wasted Sad

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March 26, 2014, 07:03:29 PM
 #6668

Has anyone considered a zeit multi-pool similar to bcmultipool or mintpool to keep buy pressure on zeit? Basically mine alt coins, auto-exchange for btc, then auto-exchange for Zeit.
+1

THAT idea was suggested, then rejected by the community DAYS ago Sad

Multipooling is a lazy, wasteful, inefficient ploy for daily dumpers,

That is against just about everything we stand for here.

Member of the UK Digital Currency Association * Bitrated user: LionOfNarnia. * Member of the ZeitKnights * Member of the Bytecent Community Team

"I don't always kill & eat things - but when I do it's because I'm a Lion & they were things"
winevirus
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March 26, 2014, 07:05:31 PM
 #6669

Has anyone considered a zeit multi-pool similar to bcmultipool or mintpool to keep buy pressure on zeit? Basically mine alt coins, auto-exchange for btc, then auto-exchange for Zeit.
+1

THAT idea was suggested, then rejected by the community DAYS ago Sad

Multipooling is a lazy, wasteful, inefficient ploy for daily dumpers,

That is against just about everything we stand for here.

However, if price never rises, then the coin will die off sooner or later. At least mint is 2 - 4x what it sat at for weeks until it finally got a multipool.
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March 26, 2014, 07:07:39 PM
 #6670

@ LionOfNarnia = Did you start mining Blitz this evening?

Tried to start, loadza problems, gone back to Vert.

One hour wasted Sad

It looks like the top 4 or 5 pools all got DDOS attacks and then there was a fork. Seems http://bltz.multi-pool.eu/ is back up and coins are coming in. Was a bit of a shambles though, and still no sign of the Dev...

https://twitter.com/CryptoMatni
"I am Lindsey Lohannnnnnnn"
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March 26, 2014, 07:09:32 PM
 #6671

if people want a multipool then set one up! if you want to use it then use it if you don't then dont, take your own action and do what you think is right and things will sort them selves out.
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March 26, 2014, 07:33:38 PM
 #6672

I love this coin and thread - random acts of kindness.  Cheesy


PostCoin:PYrnF6rLzvERtS73rRc76fpP4QCKP2WJS4
LionOfNarnia
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March 26, 2014, 07:37:48 PM
Last edit: March 26, 2014, 07:53:42 PM by LionOfNarnia
 #6673

What's happened to our block explorer?

E2A - hah, it's changed addy since I last used it, good job the OP has been updated Wink

My head has been in a shed with that fucked-up excuse for a new coin BLITZ, what a waste of time Sad

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Anonymousg64
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March 26, 2014, 07:59:45 PM
 #6674

i have a theory, what if we caused the drop in value because less people mined, creating a feedback loop of miners willing to sell lower and lower as they got more coins from lower difficulty?

I think we should try increasing the network hashrate to 10Gh/s and see if a rise in value follows from miners holding their coins until more profitable to sell.


I have 98 million ZEIT and aim to get that to 100
angryacorn
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March 26, 2014, 08:01:41 PM
 #6675

i have a theory, what if we caused the drop in value because less people mined, creating a feedback loop of miners willing to sell lower and lower as they got more coins from lower difficulty?

I think we should try increasing the network hashrate to 10Gh/s and see if a rise in value follows from miners holding their coins until more profitable to sell.

explain a bit more please?
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March 26, 2014, 08:04:35 PM
 #6676

i have a theory, what if we caused the drop in value because less people mined, creating a feedback loop of miners willing to sell lower and lower as they got more coins from lower difficulty?

I think we should try increasing the network hashrate to 10Gh/s and see if a rise in value follows from miners holding their coins until more profitable to sell.

explain a bit more please?

by giving up on mining our coin, we left it to those who seek profit only, increasing the amount of coins they get by lowering difficulty, thus increasing the amount of supply on exchanges
what if we tried to reverse that, get those who seek profit off our coin and reduce the amount of coins individuals get for better distribution, would we see less coins on exchanges?
angryacorn
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March 26, 2014, 08:06:31 PM
 #6677

i have a theory, what if we caused the drop in value because less people mined, creating a feedback loop of miners willing to sell lower and lower as they got more coins from lower difficulty?

I think we should try increasing the network hashrate to 10Gh/s and see if a rise in value follows from miners holding their coins until more profitable to sell.

explain a bit more please?

by giving up on mining our coin, we left it to those who seek profit only, increasing the amount of coins they get by lowering difficulty, thus increasing the amount of supply on exchanges
what if we tried to reverse that, get those who seek profit off our coin and reduce the amount of coins individuals get for better distribution, would we see less coins on exchanges?

so start mining again? it makes sense to us who have 10's of mills for that to happen, im in. Smiley
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March 26, 2014, 08:07:34 PM
Last edit: March 26, 2014, 08:19:53 PM by Anonymousg64
 #6678

i have a theory, what if we caused the drop in value because less people mined, creating a feedback loop of miners willing to sell lower and lower as they got more coins from lower difficulty?

I think we should try increasing the network hashrate to 10Gh/s and see if a rise in value follows from miners holding their coins until more profitable to sell.

explain a bit more please?

by giving up on mining our coin, we left it to those who seek profit only, increasing the amount of coins they get by lowering difficulty, thus increasing the amount of supply on exchanges
what if we tried to reverse that, get those who seek profit off our coin and reduce the amount of coins individuals get for better distribution, would we see less coins on exchanges?

so start mining again? it makes sense to us who have 10's of mills for that to happen, im in. Smiley

i will throw my 10Mh/s back at it



we need a community effort to test this
Soumaxeridis
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March 26, 2014, 08:22:20 PM
 #6679

I'm in, I started mining ZEIT as well.
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March 26, 2014, 08:24:07 PM
Last edit: March 26, 2014, 08:55:11 PM by BeholdTheTrueWake
 #6680

I don't have crazy hash power, but I'll help out in this test too.
Hope others join in, it'll take a good portion of the community to see any difference.

If nothing major changes in a few hrs I'll have to switch back to my alternate.
Lion' does have a valid point, if we're are to make a push on those walls, would be wise to prepare for the target date.
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