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Author Topic: [ANN]CureCoin - CURECOIN TEAM HAS TAKEN RANK 1 ON FOLDING@HOME!!!  (Read 668239 times)
QuintLeo
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December 12, 2016, 08:16:50 AM
 #3681

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Bitcoin predicted to rise 165% to $2,000 in 2017 driven by Trump’s ‘spending binge’ and dollar rally

http://www.cnbc.com/2016/12/07/bitcoin-price-could-rise-to-2000-in-2017-driven-by-trump-policies-us-dollar-inflation-rocketing.html

 I doubt that "Trump's spending binge" will have any noticeable effect on Bitcoin pricing - it's the CHINESE market driving Bitcoin pricing the last year and change (as well as Litecoin and proabably most other altcoins).


 CNBC isn't exactly well known for their fact checking abilities - I'd look for a more reliable source for information.
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December 12, 2016, 10:08:27 PM
 #3682

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Bitcoin predicted to rise 165% to $2,000 in 2017 driven by Trump’s ‘spending binge’ and dollar rally

http://www.cnbc.com/2016/12/07/bitcoin-price-could-rise-to-2000-in-2017-driven-by-trump-policies-us-dollar-inflation-rocketing.html

 I doubt that "Trump's spending binge" will have any noticeable effect on Bitcoin pricing - it's the CHINESE market driving Bitcoin pricing the last year and change (as well as Litecoin and proabably most other altcoins).


 CNBC isn't exactly well known for their fact checking abilities - I'd look for a more reliable source for information.


Who knows what will actually happen, but the price of bitcoin is certainly dictated more by the value of the US dollar, rather than anything the Chinese are doing. The Chinese are obviously behind most of the global hash rate, and that obviously has a knock on affect on price - but the US dollar is still the global yardstick that determines the relative value of most cryto. And most other globally traded commodities. Even if that cause is simply a secondary affect of fiscal policy and market sentiment.

synthgauge
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December 12, 2016, 10:45:19 PM
 #3683

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Bitcoin predicted to rise 165% to $2,000 in 2017 driven by Trump’s ‘spending binge’ and dollar rally

http://www.cnbc.com/2016/12/07/bitcoin-price-could-rise-to-2000-in-2017-driven-by-trump-policies-us-dollar-inflation-rocketing.html

 I doubt that "Trump's spending binge" will have any noticeable effect on Bitcoin pricing - it's the CHINESE market driving Bitcoin pricing the last year and change (as well as Litecoin and proabably most other altcoins).


 CNBC isn't exactly well known for their fact checking abilities - I'd look for a more reliable source for information.


Trump bears a resembles to the kind whos always right. When Trump gets appointed he will be elect to control the dept of US treasury. Trumps right 90% of the time. How would he have made his billions if he was wrong? Trump patronizing the US treasury will have so much money that he can swim in it for 3 days and die from foot cramp somewhere halfway between start and finish, and no one will ever find his body in a pile of all that cash.


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December 13, 2016, 04:52:09 AM
 #3684

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Bitcoin predicted to rise 165% to $2,000 in 2017 driven by Trump’s ‘spending binge’ and dollar rally

http://www.cnbc.com/2016/12/07/bitcoin-price-could-rise-to-2000-in-2017-driven-by-trump-policies-us-dollar-inflation-rocketing.html

 I doubt that "Trump's spending binge" will have any noticeable effect on Bitcoin pricing - it's the CHINESE market driving Bitcoin pricing the last year and change (as well as Litecoin and proabably most other altcoins).


 CNBC isn't exactly well known for their fact checking abilities - I'd look for a more reliable source for information.


Who knows what will actually happen, but the price of bitcoin is certainly dictated more by the value of the US dollar, rather than anything the Chinese are doing. The Chinese are obviously behind most of the global hash rate, and that obviously has a knock on affect on price - but the US dollar is still the global yardstick that determines the relative value of most cryto. And most other globally traded commodities. Even if that cause is simply a secondary affect of fiscal policy and market sentiment.
 

 If you look at the amount TRADED though, the Chinese makets dominate Bitcoin trade by a VERY wide margin.

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December 14, 2016, 01:47:38 AM
 #3685

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Bitcoin predicted to rise 165% to $2,000 in 2017 driven by Trump’s ‘spending binge’ and dollar rally

http://www.cnbc.com/2016/12/07/bitcoin-price-could-rise-to-2000-in-2017-driven-by-trump-policies-us-dollar-inflation-rocketing.html

 I doubt that "Trump's spending binge" will have any noticeable effect on Bitcoin pricing - it's the CHINESE market driving Bitcoin pricing the last year and change (as well as Litecoin and proabably most other altcoins).


 CNBC isn't exactly well known for their fact checking abilities - I'd look for a more reliable source for information.


Who knows what will actually happen, but the price of bitcoin is certainly dictated more by the value of the US dollar, rather than anything the Chinese are doing. The Chinese are obviously behind most of the global hash rate, and that obviously has a knock on affect on price - but the US dollar is still the global yardstick that determines the relative value of most cryto. And most other globally traded commodities. Even if that cause is simply a secondary affect of fiscal policy and market sentiment.
 

 If you look at the amount TRADED though, the Chinese makets dominate Bitcoin trade by a VERY wide margin.


Maybe Trump will invest in BTC mining for the US economy.   

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December 15, 2016, 11:19:51 PM
 #3686

Maybe Trump will invest in BTC mining for the US economy.  

forbid CO² tax this energy waste would be the proper way

there are ways to secure a chain without waste insane energy as NEM with POI and after POW->advancedPOS switch ETH too show

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December 16, 2016, 03:56:31 AM
 #3687

forbid CO² tax this energy waste would be the proper way
Troll on, troll, troll on!

If you have to ask why, you wouldn`t understand my answer.
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December 16, 2016, 06:24:10 AM
 #3688

Been a while since I last updated everyone, CureCoin is still chugging along as always Smiley

The new security technology I've alluded to earlier will be releasing in late January as a public beta, along with a public beta of cc2.0 using it. Timeline after that depends on community feedback and how stable everything is. More announcements to come soon, sorry everything is so under-wraps.

Fold Proteins, earn cryptos! CureCoin.
https://bitcointalk.org/index.php?topic=603757.0
shaka256
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December 16, 2016, 12:05:56 PM
 #3689

Been a while since I last updated everyone, CureCoin is still chugging along as always Smiley

The new security technology I've alluded to earlier will be releasing in late January as a public beta, along with a public beta of cc2.0 using it. Timeline after that depends on community feedback and how stable everything is. More announcements to come soon, sorry everything is so under-wraps.

Thanks for the timeline!  Smiley

Yet, Curecoin Team, please do the necessary in terms of communication, advertisement and marketing so that CC2.0 release and its new security technology and all their benefits don't get unnoticed by the crypto community and investors!
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December 16, 2016, 12:35:02 PM
 #3690

The new theme removes the old coin logo completely and will now be themed around this logo



Looks like some kind of prototype logo design for the original iMac.  A bit dated.  But honestly I wasn't a big fan of the original logo either.

Some say cure is too centralized.  In the past any discussion about an improved logo was ignored or perhaps overlooked.  If I recall correctly, a contest was held for a new logo and a winner was never chosen.

Have you considered allowing community designers to bring cure's look into the present?  Or will the centralization continue from every aspect, down to the logo and look of the coin?

Thanks for your consideration.  Smiley


Maybe the release of CC2.0 would also be The occasion to put a more "professional" or appealing logo on CC2.0?

This wouldn't require too much work for Curecoin Team, and now you have a webmaster (Mr. Clavijo). For example:

1) ask the community designers to propose their designs before January 31,
2) discard all non-serious proposals
3) display on a page on curecoin.info the candidate logos with a different Curecoin payment address under each one
4) give one week to people to vote by doing a Curecoin payment to the address that corresponds to the logo they prefer
5) the winner logo is the one that cumulates the highest amount
6) donate all the received payments to a charity

 




ComputerGenie
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December 16, 2016, 01:56:27 PM
 #3691

...
3) display on a page on curecoin.info the candidate logos with a different Curecoin payment address under each one
4) give one week to people to vote by doing a Curecoin payment to the address that corresponds to the logo they prefer
5) the winner logo is the one that cumulates the highest amount
...

So, in your theory, basically 1 guy with deep pockets can decide all on his own.  Undecided

If you have to ask why, you wouldn`t understand my answer.
shaka256
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December 16, 2016, 05:12:27 PM
 #3692

...
3) display on a page on curecoin.info the candidate logos with a different Curecoin payment address under each one
4) give one week to people to vote by doing a Curecoin payment to the address that corresponds to the logo they prefer
5) the winner logo is the one that cumulates the highest amount
...

So, in your theory, basically 1 guy with deep pockets can decide all on his own.  Undecided

Cheesy Cheesy Cheesy

I was expecting some remark like that and that's why I added the step 5... so if a rich guy is willing to pay a lot he would at least help a charity Smiley

You can also say 1CURE/vote but it would be quite a lot of work to check that a rich guy didn't create a lot of addresses.

And there might of course be the debate about whether a guy who owns only 5 CURE should have as much weight in the decision as Ed Olkkola... In business it's the number of shares that gives the power of decision...


 
 
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December 16, 2016, 05:18:10 PM
 #3693

..
And there might of course be the debate about whether a guy who owns only 5 CURE should have as much weight in the decision as Ed Olkkola... In business it's the number of shares that gives the power of decision...
...

As well as "how much weight do the only 4 guys that regularly mine CURE hold?" (99% of all ASIC mined blocks are 5 guys)  Undecided

If you have to ask why, you wouldn`t understand my answer.
shaka256
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December 16, 2016, 06:00:10 PM
 #3694

..
And there might of course be the debate about whether a guy who owns only 5 CURE should have as much weight in the decision as Ed Olkkola... In business it's the number of shares that gives the power of decision...
...

As well as "how much weight do the only 4 guys that regularly mine CURE hold?" (99% of all ASIC mined blocks are 5 guys)  Undecided

In my opinion there should be no difference in treatment between miners and folders as Curecoin 1.0 wouldn't exist without SHA256 miners. If they are only 5, good for them: they share the 20% of daily coins. But did they hold or dump their coins?

In the same way there should be no difference between folders and those who just invested their $$$ in buying CURE and thus raising its value.

So probably a vote system based on "shares" i.e. how much CURE one owns would be the fairest from a business point of view. This is the system that FLDC had (VOTE tokens) but if I remember well, they used it to ask more risky questions than which new logo Smiley

ComputerGenie
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December 16, 2016, 06:25:39 PM
 #3695

..
So probably a vote system based on "shares" i.e. how much CURE one owns would be the fairest from a business point of view...

So, in that theory, the guy that sold his coins to buy a new GTX1080s for dedicated folding gets little/no votes?

Also, if you think ASIC miners get 20%, you have no idea how it all works.  Undecided

If you have to ask why, you wouldn`t understand my answer.
shaka256
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December 17, 2016, 12:51:20 AM
 #3696

..
So probably a vote system based on "shares" i.e. how much CURE one owns would be the fairest from a business point of view...

So, in that theory, the guy that sold his coins to buy a new GTX1080s for dedicated folding gets little/no votes?

Indeed! Life is unfair sometimes. But if you sell your shares whatever you do with the money, you lose your decision power.

Also, if you think ASIC miners get 20%, you have no idea how it all works.  Undecided

According to the very first post by Vorksholk in this thread:

Curecoins go to three main areas: Folders, Miners, and Developers. The folders get 76% of the total coins (80% of the coins distributed per day). SHA256 miners get 19% of the total coins (20% of the coins distributed per day). 2% of the total funds are distributed to people who donated to project development. The other 3% is dedicated to Curecoin developers, and will be used for paying for development costs (such as hiring professional programmers, paying for infrastructure, etc.), and for giving back to the community (folding hardware giveaways, faucets, covering 0% mining pools, etc.).
ComputerGenie
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December 17, 2016, 01:19:20 AM
 #3697

According to the very first post by Vorksholk in this thread:

Curecoins go to three main areas: Folders, Miners, and Developers. The folders get 76% of the total coins (80% of the coins distributed per day). SHA256 miners get 19% of the total coins (20% of the coins distributed per day). 2% of the total funds are distributed to people who donated to project development. The other 3% is dedicated to Curecoin developers, and will be used for paying for development costs (such as hiring professional programmers, paying for infrastructure, etc.), and for giving back to the community (folding hardware giveaways, faucets, covering 0% mining pools, etc.).

Indeed, you can at least read some. Now the part that you missed learning is that POS is "SHA256 mining"; which means that POW mining receives only a part of that 20%.
When POW hits as "high" as 125TH, then ASIC miners (POW) get about 21-22% of 20%.

If you have to ask why, you wouldn`t understand my answer.
QuintLeo
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December 17, 2016, 04:20:01 AM
 #3698

..
So probably a vote system based on "shares" i.e. how much CURE one owns would be the fairest from a business point of view...

So, in that theory, the guy that sold his coins to buy a new GTX1080s for dedicated folding gets little/no votes?


 GTX 1070s - they're more cost-efficient.

 Or Titan X Pascals - the ultimate folders regular people can get.

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December 17, 2016, 04:51:54 AM
 #3699

GTX 1070s - they're more cost-efficient.
 Or Titan X Pascals - the ultimate folders regular people can get.
Rate: 6 1080s = 6 1070s PLUS 1 980Ti (or even 1 TitanX)
Energy: 7 cards vs 6 to save ~30 watts

Past a hobby rig, whatever "savings" you have are lost in more risers and PSUs.
I'll keep the good stuff, thanks. Wink

If you have to ask why, you wouldn`t understand my answer.
shaka256
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December 17, 2016, 12:15:03 PM
 #3700

Indeed, you can at least read some. Now the part that you missed learning is that POS is "SHA256 mining"; which means that POW mining receives only a part of that 20%.
When POW hits as "high" as 125TH, then ASIC miners (POW) get about 21-22% of 20%.

Thanks for the info. Yet why do you need to be so arrogant in your posts???
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