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Author Topic: [ANN] CureCoin 2.0 is live - Mandatory Update is available now - DEC 2018  (Read 696199 times)
cameronpalte
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May 19, 2014, 07:06:55 PM
 #1361

just don't know why ,this coin is so valuable ,can not buy for it

Why does Doge,BBQ,CGA,PPC,MIN or any crypto have value....

Those coins are all speculation - this is the first coin with an actual value.

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May 19, 2014, 07:14:04 PM
 #1362

just don't know why ,this coin is so valuable ,can not buy for it

The reason any coin has value is because people believe it does.  At least with this coin we can definitively say real valuable work was done in order to earn a coin and that work will in fact have a value when looked at from a macro point-of-view.

A big factor would also be for investing as a donation. Each curecoin represents a certain amount of research done which at this point 1 curecoin represents 30,000 folding @ home points. Therefore, if you want to help cure cancer but don't want to have a rig by buying say 3000 curecoin you are funding 100 million F@H points which means you are funding that much research being done. This was another angle I was thinking of it being marketed as.

I like the idea.

I love the idea  Smiley
Could be sold as digital or physical gift cards Wink

Yes! These are the best angles to promote Curecoin.
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May 19, 2014, 07:17:34 PM
 #1363

just don't know why ,this coin is so valuable ,can not buy for it

Why does Doge,BBQ,CGA,PPC,MIN or any crypto have value....

Those coins are all speculation - this is the first coin with an actual value.

I think you mean that this is the first coin with an actual purpose. The value hasn't been locked down yet, and giving a coin a purpose doesn't automatically give it value. The community has to push for that part.

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May 19, 2014, 07:31:34 PM
 #1364

just don't know why ,this coin is so valuable ,can not buy for it

The reason any coin has value is because people believe it does.  At least with this coin we can definitively say real valuable work was done in order to earn a coin and that work will in fact have a value when looked at from a macro point-of-view.

A big factor would also be for investing as a donation. Each curecoin represents a certain amount of research done which at this point 1 curecoin represents 30,000 folding @ home points. Therefore, if you want to help cure cancer but don't want to have a rig by buying say 3000 curecoin you are funding 100 million F@H points which means you are funding that much research being done. This was another angle I was thinking of it being marketed as.

I like the idea.

I love the idea  Smiley
Could be sold as digital or physical gift cards Wink

Yes! These are the best angles to promote Curecoin.
+1
great ideea to promote and keep ''miners'' to F@H

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May 19, 2014, 07:32:34 PM
 #1365

just don't know why ,this coin is so valuable ,can not buy for it

Why does Doge,BBQ,CGA,PPC,MIN or any crypto have value....

The same reason any commodity have value, it's because man says it has value and that holds true for gold, silver, diamonds, oil and fiat currency as well as cryptocurrencies. Usually it is tied to whatever the commodity is used for, or the fact that it is useful to man in some way. I will grant you, many cryptocurrencies have little value other than a speculative value riding on Bitcoin's coattails.
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May 19, 2014, 07:54:00 PM
 #1366

just don't know why ,this coin is so valuable ,can not buy for it

The reason any coin has value is because people believe it does.  At least with this coin we can definitively say real valuable work was done in order to earn a coin and that work will in fact have a value when looked at from a macro point-of-view.

A big factor would also be for investing as a donation. Each curecoin represents a certain amount of research done which at this point 1 curecoin represents 30,000 folding @ home points. Therefore, if you want to help cure cancer but don't want to have a rig by buying say 3000 curecoin you are funding 100 million F@H points which means you are funding that much research being done. This was another angle I was thinking of it being marketed as.

I like the idea.

I love the idea  Smiley
Could be sold as digital or physical gift cards Wink

Yes! These are the best angles to promote Curecoin.
+1
great ideea to promote and keep ''miners'' to F@H

I like the idea, but all things being average - it's more like 1 produced CureCoin represents 24,000 curecoin points - because Miners get 1/5th of the coins that are produced each day (or, more accurately, 4x the expected mined coins per day (7844) is dispersed and divided among folders daily.)

This still doesn't account for the the investor coins that, while their owners all seem to be honorable and reasonable people and I respect the need for their existence, do represent the overwhelming majority of coins available for circulation, and will actually constitute > 50% of coins for about 2 months.

Don't get me wrong, it's a brilliant marketing strategy, and I am 110% for CureCoin and desperately want it to succeed. I'm just concerned that such a marketing tactic could backfire if it was employed in the short term, while there's still such a small portion of available coins that were obtained by folding.
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May 19, 2014, 07:56:09 PM
 #1367

just don't know why ,this coin is so valuable ,can not buy for it

The reason any coin has value is because people believe it does.  At least with this coin we can definitively say real valuable work was done in order to earn a coin and that work will in fact have a value when looked at from a macro point-of-view.

A big factor would also be for investing as a donation. Each curecoin represents a certain amount of research done which at this point 1 curecoin represents 30,000 folding @ home points. Therefore, if you want to help cure cancer but don't want to have a rig by buying say 3000 curecoin you are funding 100 million F@H points which means you are funding that much research being done. This was another angle I was thinking of it being marketed as.

I like the idea.

I love the idea  Smiley
Could be sold as digital or physical gift cards Wink

Yes! These are the best angles to promote Curecoin.
+1
great ideea to promote and keep ''miners'' to F@H

I like the idea, but all things being average - it's more like 1 produced CureCoin represents 24,000 curecoin points - because Miners get 1/5th of the coins that are produced each day (or, more accurately, 4x the expected mined coins per day (7844) is divided among folders daily.)

This still doesn't account for the the investor coins that, while their owners all seem to be honorable and reasonable people and I respect the need for their existence, do represent the overwhelming majority of coins available for circulation, and will actually constitute > 50% of coins for about 2 months.

Don't get me wrong, it's a brilliant marketing strategy, and I am 110% for CureCoin and desperately want it to succeed. I'm just concerned that such a marketing tactic could backfire if it was employed in the short term, while there's still such a small portion of available coins that were obtained by folding.

If the investors dump, the value plummets. You can then buy in cheap, and feel confident that you are going to make a return on your investment. I don't see the real problem there.

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May 19, 2014, 08:16:00 PM
 #1368

Yeah, if the investors do dump (which I doubt), it just makes for a more democratic coin distribution.  Which at least partially solves the problem some of the whingers had about not getting a chance to buy at the IPO price themselves.  Smiley
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May 19, 2014, 08:36:35 PM
 #1369

Yeah, if the investors do dump (which I doubt), it just makes for a more democratic coin distribution.  Which at least partially solves the problem some of the whingers had about not getting a chance to buy at the IPO price themselves.  Smiley

What people don't realize is bitcoin was three times the price when they bought so a return of say 15x their money now is actually only 5x their money not counting the huge risk they went through.

I hope they dump - if it gets down to IPO price I'd probably put thousands of $ into it.

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May 19, 2014, 09:47:22 PM
 #1370

At least with when the term "money" or "get paid" is used you know it has value.  Maybe talking about it in terms of rewards is better I'm not sure, but I would think unless there's a legal reason preventing us from talking about Curecoins like they are money then calling it money would be more effective.

Simple (ish): have a live value ticker combined with a daily refresh WU/CURE ticker on curecoin.net.
a quick way to see what just one's CPU can fold on 'light' without affecting performance.

Something like...

Code:
At today's rates, your computer could be making
X Ghz = X PPD = 1 CURE = X BTC = X USD$ per day

It's just a bunch of maths with values scraped from stanford and exchanges, but it would answer manymany forum questions and help noobs snap decide if they're in or not. Maybe some lovely browser querying js can dynamically get a visitor's rated CPU speed for it. It'd be even nicer if the PPD value could be tweaked by more savvy users with their GPUs involved who want to use it as a calculator.

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 ༻
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May 19, 2014, 11:15:40 PM
 #1371

I have 6 million points and 2 curecoins

is that correct?

Maybe.  If you put a massive amount of power on folding in the last day or so, it's quite possible that all that got recorded for the daily snapshot was enough points to earn you 2 coins.  You'll make up the difference in the next payout, since it does a delta between "today" and "yesterday" to figure out your daily points.

That's all assuming that you're folding for the right team (224497) with all your rigs/bots, and that the username you used on CryptoBullion matches what you use to fold.

i'm only mining on my PC. it looks like i have earnt 6 million in total

username Mafia
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May 19, 2014, 11:45:13 PM
 #1372

At least with when the term "money" or "get paid" is used you know it has value.  Maybe talking about it in terms of rewards is better I'm not sure, but I would think unless there's a legal reason preventing us from talking about Curecoins like they are money then calling it money would be more effective.

Simple (ish): have a live value ticker combined with a daily refresh WU/CURE ticker on curecoin.net.
a quick way to see what just one's CPU can fold on 'light' without affecting performance.

Something like...

Code:
At today's rates, your computer could be making
X Ghz = X PPD = 1 CURE = X BTC = X USD$ per day

It's just a bunch of maths with values scraped from stanford and exchanges, but it would answer manymany forum questions and help noobs snap decide if they're in or not. Maybe some lovely browser querying js can dynamically get a visitor's rated CPU speed for it. It'd be even nicer if the PPD value could be tweaked by more savvy users with their GPUs involved who want to use it as a calculator.

This is a good idea (the ticker). I think, though, that it should also show the average for, say 7d and 30d or so.

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May 20, 2014, 12:48:35 AM
 #1373

I have 6 million points and 2 curecoins

is that correct?

Maybe.  If you put a massive amount of power on folding in the last day or so, it's quite possible that all that got recorded for the daily snapshot was enough points to earn you 2 coins.  You'll make up the difference in the next payout, since it does a delta between "today" and "yesterday" to figure out your daily points.

That's all assuming that you're folding for the right team (224497) with all your rigs/bots, and that the username you used on CryptoBullion matches what you use to fold.

i'm only mining on my PC. it looks like i have earnt 6 million in total

username Mafia

http://folding.extremeoverclocking.com/user_summary.php?s=&u=657030

Looks like you have earned 136k over the course of a week, ranging from 5k to 50k per day.

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May 20, 2014, 01:02:29 AM
 #1374

So now that investors have received their coins and the price didn't crash, the market has relaxed and prices are climbing again.

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May 20, 2014, 01:27:59 AM
 #1375

I don't believe it's true,True 3.0 crypto


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May 20, 2014, 01:31:40 AM
 #1376

pool.terahashers.com

Dedicated pool server with VARDIFF, using the PROP (proportional) reward system.
No need to register. Just use your wallet address as username!

stratum+tcp://pool.terahashers.com:5008 -u <yourwalletaddress> -p <anypassword>

Please join, and let me know if you have any problems!

For a limited period of time miners with high hashrates can win a prize in my pool.
Check it out!

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May 20, 2014, 01:35:44 AM
Last edit: May 20, 2014, 01:56:51 AM by ChasingTheDream
 #1377

Looks like I'm going to need a little help with one of my computers.  Apparently the GPU's in one of my computers are  producing half the expected PPD.  I had mentioned this a few days ago and was going to rebuild it from scratch which I have done.  Then I slowed down the GPU's to avoid WU that were essentially crashing.  Then I let it run for a couple of days and timed it's work units compared to the computers next to it who's GPU's are running at the same speeds and one particular computer is indeed running at half normal speed and I have no idea why.

The hardware is actually identical to five other computers in that room and the GPU's in the others computers are running at twice the speed (in terms of PPD) of the computer in question.  The reporting has been extremely consistent but I am puzzled as to why.  All the computers in that room are running two R9 290X TRIX GPU's and it is only the GPU's that are showing half the speed.  All the computers are using Catalyst 14.4 drivers.

I know many will suspect the GPU's are being bottle necked.  Each machine has a I7 4770K and I'm only using one core to fold and there are only two R9 290X TRIX GPU's in the computer.  CPU utilization is only at 14% and that is consistent across all the computers.  All the other computers are set up the exact same way and don't seem to have an issue.  I've also checked GPU-Z and even though the GPU's are being half as productive as the other GPU's in the other computers they are still showing 100% utilization.

Also I'm using F@H client 7.4.4 on all computers.

Any ideas?
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May 20, 2014, 01:56:20 AM
 #1378

Looks like I'm going to need a little help with one of my computers.  Apparently the GPU's in one of my computers are  producing half the expected PPD.  I had mentioned this a few days ago and was going to rebuild it from scratch which I have done.  Then I slowed down the GPU's to avoid WU that were essentially crashing.  Then I let it run for a couple of days and timed it's work units compared to the computers next to it who's GPU's are running at the same speeds and one particular computer is indeed running at half normal speed and I have no idea why.

The hardware is actually identical to five other computers in that room and the GPU's in the others computers are running at twice the speed of the computer in question.  The reporting has been extremely consistent but I am puzzled as to why.  All the computers in that room are running two R9 290X TRIX GPU's and it is only the GPU's that are showing half the speed.  All the computers are using Catalyst 14.4 drivers.

I know many will suspect the GPU's are being bottle necked.  Each machine has a I7 4770K and I'm only using one core to fold and there are only two R9 290X TRIX GPU's in the computer.  CPU utilization is only at 14% and that is consistent across all the computers.  All the other computers are set up the exact same way and don't seem to have an issue.  I've also checked GPU-Z and even though the GPU's are being half as productive as the other GPU's in the other computers they are still showing 100% utilization.

Also I'm using F@H client 7.4.4 on all computers.

Any ideas?

Have you tried switching out the GPUs in that system with the ones in another system?

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May 20, 2014, 01:58:47 AM
 #1379

Looks like I'm going to need a little help with one of my computers.  Apparently the GPU's in one of my computers are  producing half the expected PPD.  I had mentioned this a few days ago and was going to rebuild it from scratch which I have done.  Then I slowed down the GPU's to avoid WU that were essentially crashing.  Then I let it run for a couple of days and timed it's work units compared to the computers next to it who's GPU's are running at the same speeds and one particular computer is indeed running at half normal speed and I have no idea why.

The hardware is actually identical to five other computers in that room and the GPU's in the others computers are running at twice the speed (in terms of PPD) of the computer in question.  The reporting has been extremely consistent but I am puzzled as to why.  All the computers in that room are running two R9 290X TRIX GPU's and it is only the GPU's that are showing half the speed.  All the computers are using Catalyst 14.4 drivers.

I know many will suspect the GPU's are being bottle necked.  Each machine has a I7 4770K and I'm only using one core to fold and there are only two R9 290X TRIX GPU's in the computer.  CPU utilization is only at 14% and that is consistent across all the computers.  All the other computers are set up the exact same way and don't seem to have an issue.  I've also checked GPU-Z and even though the GPU's are being half as productive as the other GPU's in the other computers they are still showing 100% utilization.

Also I'm using F@H client 7.4.4 on all computers.

Any ideas?

Have you tried switching out the GPUs in that system with the ones in another system?

I swapped the GPU's around in the same computer but I have not moved them to a different computer.  I didn't want to lose the WU or have the down time while waiting to sync them up.  Although that would be a good next step.  I was hoping it was something obvious I was missing since I'm new to this.   Cheesy
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May 20, 2014, 02:04:47 AM
 #1380

Looks like I'm going to need a little help with one of my computers.  Apparently the GPU's in one of my computers are  producing half the expected PPD.  I had mentioned this a few days ago and was going to rebuild it from scratch which I have done.  Then I slowed down the GPU's to avoid WU that were essentially crashing.  Then I let it run for a couple of days and timed it's work units compared to the computers next to it who's GPU's are running at the same speeds and one particular computer is indeed running at half normal speed and I have no idea why.

The hardware is actually identical to five other computers in that room and the GPU's in the others computers are running at twice the speed (in terms of PPD) of the computer in question.  The reporting has been extremely consistent but I am puzzled as to why.  All the computers in that room are running two R9 290X TRIX GPU's and it is only the GPU's that are showing half the speed.  All the computers are using Catalyst 14.4 drivers.

I know many will suspect the GPU's are being bottle necked.  Each machine has a I7 4770K and I'm only using one core to fold and there are only two R9 290X TRIX GPU's in the computer.  CPU utilization is only at 14% and that is consistent across all the computers.  All the other computers are set up the exact same way and don't seem to have an issue.  I've also checked GPU-Z and even though the GPU's are being half as productive as the other GPU's in the other computers they are still showing 100% utilization.

Also I'm using F@H client 7.4.4 on all computers.

Any ideas?


I also have 290x's running on 14.4's. I had to downclock two of them to 947 core, to get them to fold consistantly. At 1000 core, they would fold, but only do about 40,000 PPD, at 947 they do 150,000 PPd a day. I run 4 290x's on one machine with a 4770k. It prob has a bottleneck, but I get more PPD with the four, rather then 3. You might try downclocking them and see if it has any effect.
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