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Author Topic: [ANN]CureCoin - CURECOIN TEAM HAS TAKEN RANK 1 ON FOLDING@HOME!!!  (Read 665680 times)
cameronpalte
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May 13, 2014, 05:27:51 PM
 #641

i choosed as anonymous on the first run, how can i change that now?
Im not sure why you would? no chance to get paid then i would imagine... Dit you follow the guide? good illustration and how to's on cryptobullionpools..
https://www.cryptobullionpools.com/about

in F@H -> configure -> identity -> click on link to request passkey ->register -> check email /spam for key -> enter information
           -> register @cryptbullionpools with exact same username so your daily ppd can be gotten from standofds folding information and be linked to your points/payouts

ok all good now, it say 1679 points per day with 280x, seems low, or maybe i'm missing something?(the bar is on full)

Guide: https://bitcointalk.org/index.php?topic=606795.new#new

Bitcoin Facuet List - Free http://bitcoinsfaucetslist.blogspot.com/
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spiffcow
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May 13, 2014, 05:28:29 PM
 #642

Why are 800k+ coins for dev?
Isn't that a bit much compared to the low supply of ~10k coins per day?!

Yes.

At current exchange rates (I'm seeing .01BTC on bittrex right now) that's 8000BTC, or roughly $3.6m if he could get someone to buy all of them.  I'd like to see someone fork this project with zero premine and have the blocks pay out 80% to fold, 20% to miner, in much the same way devcoin does it.  And also, there is no good reason not to merge mine this.

The thing is, nobody had any idea what each curecoin would be worth until people started trading them. Their value is only just beginning to be determined and we only have a few low volume trades to go by at this point which may end up being meaningless in the long term. It could turn out that 800k cure do end up being worth millions or billions, and if so, I'm sure the devs have a plan for what they will do with all the extra at some point. No one has said that they are going to necessarily dump them for cash and keep it all for themselves.

They can and will.  Mark my words, the dev will dump and kill this coin.  I have 4x R9 290s, 1 280x, and 2x 270s churning on this full time and I got 5 coins in 36 hours.  This is why premine doesn't work -- it fundamentally fucks the value of the coin so that it's not longer tied to the amount of energy required to create it.

Then you're not mining properly or lying if your getting so few coins.

I'm getting about 650k points per day and got just under 5 coins after 36 hours.  Believe me or don't, but that's consistent with the rate others have posted, and is way too low given the amount of coins in circulation.
meelvanchris
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May 13, 2014, 05:30:27 PM
 #643

i set my cpu(i5 4670k) on idle, but it is still used at 50%+, why? isn't just one core more than enough?
used @50% in perfomance on pc? or 50% used for folding? folding im not sure why it would, maybe just pause it? or remove the cpu slot entirely for folding?
configure -> slots -> remove cpu

50% on performance /showing 50% load in something like taskmanager then that it is what it needs to feed gpu.
(I have dual core that is 95% load when feeding 3 x 7950, and will bottleneck cards when i try t give it more gpuload)

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meelvanchris
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May 13, 2014, 05:32:30 PM
 #644

I'm getting about 650k points per day and got just under 5 coins after 36 hours.  Believe me or don't, but that's consistent with the rate others have posted, and is way too low given the amount of coins in circulation.
I believe you! But i also know for a fact that average of first wu to first payout is about 48 hours.
So folding for 36 you prob just got 'lucky' and gotten small part of your completed work with yesterdays payouts.... aka 5 coins.... full ppd /payout count will show up for you in next round of payouts

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Philll90
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May 13, 2014, 05:32:39 PM
 #645

Why are 800k+ coins for dev?
Isn't that a bit much compared to the low supply of ~10k coins per day?!

Yes.

At current exchange rates (I'm seeing .01BTC on bittrex right now) that's 8000BTC, or roughly $3.6m if he could get someone to buy all of them.  I'd like to see someone fork this project with zero premine and have the blocks pay out 80% to fold, 20% to miner, in much the same way devcoin does it.  And also, there is no good reason not to merge mine this.

The thing is, nobody had any idea what each curecoin would be worth until people started trading them. Their value is only just beginning to be determined, and we only have a few low volume trades to go by at this point, which may end up being meaningless in the long term. It could turn out that 800k cure do end up being worth millions or billions, and if so, I'm sure the devs have a plan for what they will do with all the extra at some point. No one has said that they are going to necessarily dump them for cash and keep it all for themselves.

Compared with the rarity of this coin (65 coins/10min such as Bitcoin) and the good idea behind this coin, it's pretty sure that the value for 1 CURE will be at least between 0.01 - 0.005 maybe even 0.1 BTC if it's successful. With knowing this I don't like it that 3 persons own 800k of this coin, that's simply to much. Although they have good aims. After 1 year there will be only ~3.6million CURE mined, so the devs still own more than 20% of the coin after 1 year.

And you can't tell me, that if this coin will be successful they won't dump them. Greed is a part of human nature and if they can become millionaires with this coin, I don't think they will relinquish it and rather continue to work on this coin.

He didn't even invest 1200$ of his own money, but the earned money from the IPO to get this coin started.

PS: I don't wanna say that the devs don't have good intenions with this coin, but greed is always greater than good intentions.

That's why I call for the devcoin approach.  I don't mind if he gets 3% of the coins.  Hell, I'd rather he have 10% of the coins, but only have them paid out as they're mined.  

+1
This would be a much better idea.
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May 13, 2014, 05:33:18 PM
 #646

i set my cpu(i5 4670k) on idle, but it is still used at 50%+, why? isn't just one core more than enough?
used @50% in perfomance on pc? or 50% used for folding? folding im not sure why it would, maybe just pause it? or remove the cpu slot entirely for folding?
configure -> slots -> remove cpu

50% on performance /showing 50% load in something like taskmanager then that it is what it needs to feed gpu.
(I have dual core that is 95% load when feeding 3 x 7950, and will bottleneck cards when i try t give it more gpuload)

it's this, wasn't aware it take 50% to feed two gpu, that's crazy
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May 13, 2014, 05:33:42 PM
 #647

What kind of bullshit red herring is this?  Who said anything about "stealing"?  He paid himself a huge portion of the coins.  When the time is right he will dump it and crash the coin, and walk off with the cash.  No "stealing" is necessary.

Well if that's what you believe, then don't fold for it if you don't want to, no one is forcing you to. You were pointed to the relevant post explaining who the dev is and what the dev coins are for, etc. and completely dismiss it, yet you're trolling and spreading FUD about the dev's future actions as if it is fact with nothing to back up what you're saying. Do you know the dev? Is he a pathological liar? Repeat offender of criminal theft? What is the basis for your conclusion? Just your perception of human nature?

The latter one.  Name me a coin that has a significant premine and hasn't seen a massive dump that killed the value, and maybe I'll change my mind.

I'm not calling the dev a thief, or even a scammer.  I'm saying that at some point he will see the value dropping, think about his mortgage, and panic sell.  He can do that, it's his coins - 3% of all the coins that will ever be created in the 10 years or whatever that this is planned to pay out.  

That's why I call for the devcoin approach.  I don't mind if he gets 3% of the coins.  Hell, I'd rather he have 10% of the coins, but only have them paid out as they're mined.  

This is not a terrible project, I'm just disappointed that there was so much thought put into the concept, and so little in the implementation.
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May 13, 2014, 05:37:34 PM
 #648

like devcoin

sure, why not, with a value so miniscule that most exchanges don't have sufficient decimal places to express it.
DVC/BTC   0.00000019   0.00000020   0.00000019   0.2187


Mark my words, the dev will dump and kill this coin.

I'll wager your words they don't. I'll wager you my meagre 15 Curecoins. If'n they're so worthless you won't mind giving some away.

It's short for Thomassina ⚥ • BTC veteran, Bitcointalk neophyte • BTC1THoM4cn8hHTyE637DEPMCLcerZe1mL1X • Cex.IO Cloud Mining - don't risk preorders, mine & trade now!
༺ ☤ Curecoin - Fold Proteins, Earn Coins! ☤   CURE: B8cjEuGKH3qofsxGGEVYdTwUrpfCTxQP7u ༻
meelvanchris
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May 13, 2014, 05:38:46 PM
 #649

i set my cpu(i5 4670k) on idle, but it is still used at 50%+, why? isn't just one core more than enough?
used @50% in perfomance on pc? or 50% used for folding? folding im not sure why it would, maybe just pause it? or remove the cpu slot entirely for folding?
configure -> slots -> remove cpu

50% on performance /showing 50% load in something like taskmanager then that it is what it needs to feed gpu.
(I have dual core that is 95% load when feeding 3 x 7950, and will bottleneck cards when i try t give it more gpuload)

it's this, wasn't aware it take 50% to feed two gpu, that's crazy
Yup. It's not mining. Its folding!  ^.^  not sure of the specs but lot of rigs with cheaper cpu's will have bottleneck problem as folding gives a lot more strain on cpu's

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May 13, 2014, 05:41:48 PM
 #650

What kind of bullshit red herring is this?  Who said anything about "stealing"?  He paid himself a huge portion of the coins.  When the time is right he will dump it and crash the coin, and walk off with the cash.  No "stealing" is necessary.

Well if that's what you believe, then don't fold for it if you don't want to, no one is forcing you to. You were pointed to the relevant post explaining who the dev is and what the dev coins are for, etc. and completely dismiss it, yet you're trolling and spreading FUD about the dev's future actions as if it is fact with nothing to back up what you're saying. Do you know the dev? Is he a pathological liar? Repeat offender of criminal theft? What is the basis for your conclusion? Just your perception of human nature?

The latter one.  Name me a coin that has a significant premine and hasn't seen a massive dump that killed the value, and maybe I'll change my mind.

I'm not calling the dev a thief, or even a scammer.  I'm saying that at some point he will see the value dropping, think about his mortgage, and panic sell.  He can do that, it's his coins - 3% of all the coins that will ever be created in the 10 years or whatever that this is planned to pay out.  

That's why I call for the devcoin approach.  I don't mind if he gets 3% of the coins.  Hell, I'd rather he have 10% of the coins, but only have them paid out as they're mined.  

This is not a terrible project, I'm just disappointed that there was so much thought put into the concept, and so little in the implementation.

No one really cares about devcoin. You do know that right?

And its not a significant pre-mine. Do you follow alts?

Btw, my 30k ppd got me 10 curecoins. I'm kicking your ass. Smiley
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May 13, 2014, 05:42:31 PM
 #651

OK so it's ASIC proof, isn't that even better?  The point is that when GPU miners for scrypt coins are out-competed by ASICs, those miners can always do folding for Curecoin, which keeps Curecoin distribution more fair than coins that have more centralized mining, where to have a chance of profit there is a high barrier to entry.  Anyone can always fold for Curecoin with their GPU, not everyone can mine for bitcoin or other altcoins.  Hence, ASIC proof-ness is a feature of Curecoin.  

The folding isn't securing the network like normal mining so a more decentralized folding network is less of a feature than a more decentralized mining network, but it still has benefits of wider coin distribution and ensures a low barrier to entry to take part, allowing everyone to capitalise on their hardware (and contribute to something good).

Definition of feature from Google: "a distinctive attribute or aspect of something."

Curecoin is 80% ASIC proof and this is a feature.  

Amazing. Thanks for the definition. Here are some other features of CureCoin we should also advertise:
1. CureCoin generates 100% w3c validated html code on it's web daemon. Nevermind that it doesn't have a web daemon nor does it generate any html code.
2. CureCoin cannot be used to pirate mp3's illegally.
3. CureCoin is AI resistant! We can't be sure it's not AI proof until AI is finally created but since AI doesn't exist yet, we can say it's AI resistant.
4. (This one will surely attract the younger crowd to invest!!!) CureCoin is systematically coded so that it can never turn into a monster and hide in your closet.

GG

So, in other altcoins you don't think ASIC resistance is a feature?  

One of the factors that makes a coin valuable is the number of users/holders, i.e. the distribution.  The more people that hold a coin, the more value it has, usually.  If more people can be involved in the mining or folding process due to Curecoin being 80% ASIC proof then that makes for a stronger foundation of support for the project.  

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spiffcow
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May 13, 2014, 05:47:18 PM
 #652



No one really cares about devcoin. You do know that right?

And its not a significant pre-mine. Do you follow alts?

Btw, my 30k ppd got me 10 curecoins. I'm kicking your ass. Smiley

Devcoin still has a pretty decent market cap, but that's beside the point -- I'm talking about one aspect of devcoin that I think is handled correctly, not the overall coin.  They got their coin balance wrong, but the split mining idea is solid.

If you're getting that many curecoins, it just goes to show that the process needs to be more transparent.  Why the hell is there not a PPD/curecoin conversion shown for each payout on the pool?  This would be simple to do, and would make it easy to verify that it's being done correctly.
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May 13, 2014, 05:49:49 PM
 #653

Why are 800k+ coins for dev?
Isn't that a bit much compared to the low supply of ~10k coins per day?!

Yes.

At current exchange rates (I'm seeing .01BTC on bittrex right now) that's 8000BTC, or roughly $3.6m if he could get someone to buy all of them.  I'd like to see someone fork this project with zero premine and have the blocks pay out 80% to fold, 20% to miner, in much the same way devcoin does it.  And also, there is no good reason not to merge mine this.

The thing is, nobody had any idea what each curecoin would be worth until people started trading them. Their value is only just beginning to be determined and we only have a few low volume trades to go by at this point which may end up being meaningless in the long term. It could turn out that 800k cure do end up being worth millions or billions, and if so, I'm sure the devs have a plan for what they will do with all the extra at some point. No one has said that they are going to necessarily dump them for cash and keep it all for themselves.

They can and will.  Mark my words, the dev will dump and kill this coin.  I have 4x R9 290s, 1 280x, and 2x 270s churning on this full time and I got 5 coins in 36 hours.  This is why premine doesn't work -- it fundamentally fucks the value of the coin so that it's not longer tied to the amount of energy required to create it.

Then you're not mining properly or lying if your getting so few coins.

I'm getting about 650k points per day and got just under 5 coins after 36 hours.  Believe me or don't, but that's consistent with the rate others have posted, and is way too low given the amount of coins in circulation.

We are 80 million points per day. That means you should be getting 61 coins per day.


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cameronpalte
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May 13, 2014, 05:52:51 PM
 #654

Why are 800k+ coins for dev?
Isn't that a bit much compared to the low supply of ~10k coins per day?!

Yes.

At current exchange rates (I'm seeing .01BTC on bittrex right now) that's 8000BTC, or roughly $3.6m if he could get someone to buy all of them.  I'd like to see someone fork this project with zero premine and have the blocks pay out 80% to fold, 20% to miner, in much the same way devcoin does it.  And also, there is no good reason not to merge mine this.

The thing is, nobody had any idea what each curecoin would be worth until people started trading them. Their value is only just beginning to be determined, and we only have a few low volume trades to go by at this point, which may end up being meaningless in the long term. It could turn out that 800k cure do end up being worth millions or billions, and if so, I'm sure the devs have a plan for what they will do with all the extra at some point. No one has said that they are going to necessarily dump them for cash and keep it all for themselves.

Compared with the rarity of this coin (65 coins/10min such as Bitcoin) and the good idea behind this coin, it's pretty sure that the value for 1 CURE will be at least between 0.01 - 0.005 maybe even 0.1 BTC if it's successful. With knowing this I don't like it that 3 persons own 800k of this coin, that's simply to much. Although they have good aims. After 1 year there will be only ~3.6million CURE mined, so the devs still own more than 20% of the coin after 1 year.

And you can't tell me, that if this coin will be successful they won't dump them. Greed is a part of human nature and if they can become millionaires with this coin, I don't think they will relinquish it and rather continue to work on this coin.

He didn't even invest 1200$ of his own money, but the earned money from the IPO to get this coin started.

PS: I don't wanna say that the devs don't have good intenions with this coin, but greed is always greater than good intentions.

That's why I call for the devcoin approach.  I don't mind if he gets 3% of the coins.  Hell, I'd rather he have 10% of the coins, but only have them paid out as they're mined.  

+1
This would be a much better idea.

Except many of those coins have already been spent on various costs so they don't just have that many coins and a lot went out to early investors. They may be paid out or put in a hidden storage - I'll see if I can contact the dev about this.

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May 13, 2014, 05:52:59 PM
 #655

So, in other altcoins you don't think ASIC resistance is a feature?  

One of the factors that makes a coin valuable is the number of users/holders, i.e. the distribution.  The more people that hold a coin, the more value it has, usually.  If more people can be involved in the mining or folding process due to Curecoin being 80% ASIC proof then that makes for a stronger foundation of support for the project.  

In altcoins where the possible options are that asics are met with 1. adoption or 2. resistance, it could be considered a feature.

In a coin that has NOTHING to do with asics except for the negation of, it's not a feature. It's a non-topic.

"Asic resistance" is a buzz word. No one cares about it. I guess not no one. You do. You and everyone else that feels the need to define the negation of something that doesn't exist in the first place, hence (once again) why I said it was redundant. Not wrong. Redundant. Actually, "asic resistant" is wrong and "asic proof" is redundant.
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May 13, 2014, 05:54:36 PM
 #656



No one really cares about devcoin. You do know that right?

And its not a significant pre-mine. Do you follow alts?

Btw, my 30k ppd got me 10 curecoins. I'm kicking your ass. Smiley

Devcoin still has a pretty decent market cap, but that's beside the point -- I'm talking about one aspect of devcoin that I think is handled correctly, not the overall coin.  They got their coin balance wrong, but the split mining idea is solid.

If you're getting that many curecoins, it just goes to show that the process needs to be more transparent.  Why the hell is there not a PPD/curecoin conversion shown for each payout on the pool?  This would be simple to do, and would make it easy to verify that it's being done correctly.

If you want to be that idealistic from looking at your previous posts, it would be better for you to start your own crypto.
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May 13, 2014, 05:57:18 PM
 #657



No one really cares about devcoin. You do know that right?

And its not a significant pre-mine. Do you follow alts?

Btw, my 30k ppd got me 10 curecoins. I'm kicking your ass. Smiley

Devcoin still has a pretty decent market cap, but that's beside the point -- I'm talking about one aspect of devcoin that I think is handled correctly, not the overall coin.  They got their coin balance wrong, but the split mining idea is solid.

If you're getting that many curecoins, it just goes to show that the process needs to be more transparent.  Why the hell is there not a PPD/curecoin conversion shown for each payout on the pool?  This would be simple to do, and would make it easy to verify that it's being done correctly.

Dev's deserve to get a stake and cash out on there work to start with - they are planning to use all the coins to help people. There is a simple coversion. Your points / Total points for the day * 7488

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May 13, 2014, 06:08:07 PM
 #658

Just a general quick note... for all the sceptics and people that recently got stung by maybe ac, and everyone in it to just get paid....(*including but not limited to myself..=))

All of you do realise that folding was first launched in 2000? 9 years before btc.... and 14 years before curecoin....
And that there have been people folding since then.... contributing their equipment.....just for fun and for scientic benifit?

So whether our curecoins be worth $1,- $100,- or nothing... whether you trust the dev's honesty of pre-mine or not... Cant you take comfort that you are folding for a greater good... even if it is just for a week? And that the fact that you get paid a welcome gift is alongside of your good karma? (and not the other way around)

More then once i have send my mh/s to a coin that was worthless after a while... waisted power..... so whichever way this swings.... i do take comfort in that..

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May 13, 2014, 06:12:25 PM
 #659

Just a general quick note... for all the sceptics and people that recently got stung by maybe ac, and everyone in it to just get paid....(*including but not limited to myself..=))

All of you do realise that folding was first launched in 2000? 9 years before btc.... and 14 years before curecoin....
And that there have been people folding since then.... contributing their equipment.....just for fun and for scientic benifit?

So whether our curecoins be worth $1,- $100,- or nothing... whether you trust the dev's honestly of pre-mine or not... Cant you take comfort that you are folding for a greater good... even if it is just for a week? And that the fat that you get paid a welcome gift is alongside of your good karma?

More then once i have send my mh/s to a coin that was worthless after a while... waisted power..... so whichever way this swings.... i do take comfort in that..

Yes, as long as I can still make a profit.  I'm not made of money, and I didn't buy mining rigs with karma, nor can I pay my electricity bill with it.

As much as you may not believe it, I really want this to succeed.  This is why I feel so strongly on the points that I've made -- I'm concerned because they are major points of potential failure.
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May 13, 2014, 06:17:10 PM
 #660

Why are 800k+ coins for dev?
Isn't that a bit much compared to the low supply of ~10k coins per day?!

Yes.

At current exchange rates (I'm seeing .01BTC on bittrex right now) that's 8000BTC, or roughly $3.6m if he could get someone to buy all of them.  I'd like to see someone fork this project with zero premine and have the blocks pay out 80% to fold, 20% to miner, in much the same way devcoin does it.  And also, there is no good reason not to merge mine this.

Why don't you go ahead and do that while we continue folding here while supporting the actual developers of the project.

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