mammix2 (OP)
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Activity: 1302
Merit: 1004
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June 01, 2014, 07:31:02 PM |
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The Mining of your coin is very fast, and it has an effect as if you put downward pressure on the price! Look at the market price and try to understand!
The market could not absorb that many coins that were produced! The price is totally down now! The price is 10% of what it could be with significant development!!!
Industrial-style miners are dumping your coin! There needs to be a balance between investors and miners. At the moment investors have a huge disadvantage compared to the industrial-style miners!
Your highest priority should be:
1. Stabilise the economy! Reduce the coin supply rate per block by a factor of 10-20x! Industrial-style miners will stop dumping. Further this will establish trust for investors. I feel sorry for small miners but this is the only way out. In long term they will benefit when the price increases.
2. What is the point of X13 when it cannot be mined afterwards? Mining on X13 has to run in parallel with POS! Reward miners in the long term!
3. The first point will buy you time to develop additional state of the art features for Boostcoin! This will further increase the price.
Why ? because you buy at 6k satoshi ? This is your problem.... i think this coin have the best distribution system.... and reducing coin after run is definitely something like SCAM X13 is mostly to protect against ASICs, but after POW is over that's just pointless. you have a point, they should stop releasing this BC clone no-sense long term mining support is good, miners are also buyers why in earth should a miner buy if he can just ... mine ? Reading this, what would the general view be on switching back on the PoW at some stage in the future as a short term bonus mining period. There is no technical reason why PoW could not be re-enabled at some stage in the future as a boost to the current supply. This could be for a short period like maybe 1000 - 5000 Blocks... (But would require a mandatory wallet update before each time this happened) As far as i know no other coin has done this... Do you think this would be a positive new idea or could it be a bad thing?. let me know what you think?
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1HfpFYxBUpQ941mKd4DEjsyA22HN4Kerzu
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svenp
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June 01, 2014, 07:32:19 PM |
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Well I have spent the last day trying to get an old PC running with Xubuntu and the X13 mod and figured I would share how I got it going as it is most likely to work on all machines. Now bare in mind that X11 and X13 do not surrently work(properly) on anything lower than a 7xxx series card, which if you are already mining it then you already know, besides the point... Below is the list of commands and instructions on how to get X13 and sgminer up and running in what I would imagine any Ubuntu distro.
Now all of this is assuming you are running a brand new install.
*snip*
This may work well but I found BAMT 1.6 easy to set up with x13. If you look in the BAMT reddit thread you'll find the usb stick image download for 1.6 and also a new script to run to install the the X11 and X13 optimized sgminer. You get all the other major algos as well. Works nicely and is very fast to get going.
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sesko
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June 01, 2014, 08:08:41 PM |
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Reading this, what would the general view be on switching back on the PoW at some stage in the future as a short term bonus mining period. There is no technical reason why PoW could not be re-enabled at some stage in the future as a boost to the current supply. This could be for a short period like maybe 1000 - 5000 Blocks... (But would require a mandatory wallet update before each time this happened) As far as i know no other coin has done this...
Do you think this would be a positive new idea or could it be a bad thing?. let me know what you think?
Would like to see that, with new algo. Let's say 5000 block, total 50k bost coins in POW.
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aikklond
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Activity: 1148
Merit: 1000
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June 01, 2014, 08:16:51 PM |
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i am impressed at BOST progress,
I think this week will be BOST's week!
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quarkkid
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June 01, 2014, 08:33:50 PM |
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Volume is slowly building up again
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exoton
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June 01, 2014, 09:30:51 PM |
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2 8 btc buy orders showed at bittrex at 6220 and 6225 5 minutes ago both 65k
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Burninj
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Activity: 1148
Merit: 1000
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June 01, 2014, 09:39:26 PM |
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Damn market spent my day trying to buy lowest possible and this fucking uptrend is killing all my efforts
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mammix2 (OP)
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Activity: 1302
Merit: 1004
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June 01, 2014, 10:05:58 PM |
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Nice to see the BOST BTC volume increasing ...
This week will be our week, even if we dont get listed on Mintpal, good things are coming for BOST!!
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1HfpFYxBUpQ941mKd4DEjsyA22HN4Kerzu
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Burninj
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Activity: 1148
Merit: 1000
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June 01, 2014, 10:09:01 PM |
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Nice to see the BOST BTC volume increasing ...
This week will be our week, even if we dont get listed on Mintpal, good things are coming for BOST!!
Wallet is already running on mintpal, so that might be a clue...
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sesko
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June 01, 2014, 10:14:14 PM |
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Nice to see the BOST BTC volume increasing ...
This week will be our week, even if we dont get listed on Mintpal, good things are coming for BOST!!
Wallet is already running on mintpal, so that might be a clue... How do you know that?
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bl4ck_
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Activity: 83
Merit: 10
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June 01, 2014, 10:18:56 PM |
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Nice to see the BOST BTC volume increasing ...
This week will be our week, even if we dont get listed on Mintpal, good things are coming for BOST!!
Wallet is already running on mintpal, so that might be a clue... What?! "Wallet is already running" hahaha sorry but you are ***
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quarkkid
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June 01, 2014, 10:41:01 PM |
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Nice to see the BOST BTC volume increasing ...
This week will be our week, even if we dont get listed on Mintpal, good things are coming for BOST!!
Wallet is already running on mintpal, so that might be a clue... shhhh...dont tell every1
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mammix2 (OP)
Legendary
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Activity: 1302
Merit: 1004
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June 01, 2014, 10:41:20 PM |
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Nice to see the BOST BTC volume increasing ...
This week will be our week, even if we dont get listed on Mintpal, good things are coming for BOST!!
Wallet is already running on mintpal, so that might be a clue... shhhh...dont tell every1 lol
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1HfpFYxBUpQ941mKd4DEjsyA22HN4Kerzu
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Burninj
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Activity: 1148
Merit: 1000
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June 01, 2014, 10:42:17 PM |
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Someone posted a link on poloniex to the mintpal bost wallet
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Burninj
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Activity: 1148
Merit: 1000
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June 01, 2014, 10:42:42 PM |
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Damn, now you can all panic buy
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bl4ck_
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Activity: 83
Merit: 10
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June 01, 2014, 10:43:27 PM |
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mammix2 (OP)
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Activity: 1302
Merit: 1004
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June 01, 2014, 10:43:48 PM |
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I see there is a flurry of x13 PoW+PoS coin that have been launched recently... It might just be the next big thing !
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1HfpFYxBUpQ941mKd4DEjsyA22HN4Kerzu
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Burninj
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Activity: 1148
Merit: 1000
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June 01, 2014, 10:45:49 PM |
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Shhh I need my sells orders to be filled
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quarkkid
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June 01, 2014, 10:45:59 PM |
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Yeah it got some hype started tho at poloniex...the noobs in the trollbox fell for it lol
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