★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS]

[roadies]

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.

[stevegreer]

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

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

<failed to contain laugher>

Sorry :|

Nice. Thanks for that.  

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]

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

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

<failed to contain laugher>

Sorry :|

Nice. Thanks for that.  

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

Check yer wallet, dude.

[Matni]

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.

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.

[jam52633]

Wow you boys have a lot of Zeit coin.

I thought my mil was a lot, lol

[Matni]

@ LionOfNarnia = Did you start mining Blitz this evening?

[LionOfNarnia]

@ LionOfNarnia = Did you start mining Blitz this evening?

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

One hour wasted

[LionOfNarnia]

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

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

That is against just about everything we stand for here.

[winevirus]

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

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.

[Matni]

@ LionOfNarnia = Did you start mining Blitz this evening?

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

One hour wasted

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...

[angryacorn]

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.

[ouchmefoot]

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

[LionOfNarnia]

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

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

[Anonymousg64]

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]

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?

[Anonymousg64]

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]

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.

[Anonymousg64]

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.

i will throw my 10Mh/s back at it



we need a community effort to test this

[Soumaxeridis]

I'm in, I started mining ZEIT as well.

[BeholdTheTrueWake]

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.