[ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine

[wyj1888]

why did the bottom fall out on the price???

[1715683519]

1715683519

[1715683519]

1715683519

[smooth]

why did the bottom fall out on the price???

More supply than demand is always the only objectively correct answer.

But my opinion is that it was grossly overvalued for a coin that was only a few days old with major "growing pains" and I said so a few days ago.

There is also an overhang of one guy with over 500k coins mined from the beginning at very low cost (and whatever other ninja miners we don't know about)

I still think it is somewhat overvalued, but not too bad at this point. I'd be a buyer at 1500 given no further developments.

[jdh015232]

why did the bottom fall out on the price???

More supply than demand is always the only objectively correct answer.

But my opinion is that it was grossly overvalued for a coin that was only a few days old with major "growing pains" and I said so a few days ago.

There is also an overhang of one guy with over 500k coins mined from the beginning at very low cost (and whatever other ninja miners we don't know about)

I still think it is somewhat overvalued, but not too bad at this point. I'd be a buyer at 1500 given no further developments.

ya or theirs a premine, or its a scam, as fast as this is falling, <100satoshi incoming
<3 throwing away money to bullshit

[restless]

any instructions for building gpuminer under Win?
I'm stuck at

Code:

Install libcurl devel (http://curl.haxx.se/download.html)
		* Make sure you have libcurl.m4 in MinGW\share\aclocal
		* Make sure you have curl-config in MinGW\bin
	In the MSYS shell, run:

Downloading curl-devel gives NO libcurl.m4, anywhere. No curl-config either
running autogeh.sh returns

Code:

configure.ac:15: installing `./compile'
configure.ac:4: installing `./config.guess'
configure.ac:4: installing `./config.sub'
configure.ac:6: installing `./install-sh'
configure.ac:6: installing `./missing'
compat/jansson/Makefile.am: installing `./depcomp'
Makefile.am: installing `./INSTALL'
configure.ac:107: error: possibly undefined macro: AC_MSG_ERROR
      If this token and others are legitimate, please use m4_pattern_allow.
      See the Autoconf documentation.

[catia]

any instructions for building gpuminer under Win?
I'm stuck at

Code:

Install libcurl devel (http://curl.haxx.se/download.html)
		* Make sure you have libcurl.m4 in MinGW\share\aclocal
		* Make sure you have curl-config in MinGW\bin
	In the MSYS shell, run:

Downloading curl-devel gives NO libcurl.m4, anywhere. No curl-config either
running autogeh.sh returns

Code:

configure.ac:15: installing `./compile'
configure.ac:4: installing `./config.guess'
configure.ac:4: installing `./config.sub'
configure.ac:6: installing `./install-sh'
configure.ac:6: installing `./missing'
compat/jansson/Makefile.am: installing `./depcomp'
Makefile.am: installing `./INSTALL'
configure.ac:107: error: possibly undefined macro: AC_MSG_ERROR
      If this token and others are legitimate, please use m4_pattern_allow.
      See the Autoconf documentation.

As far as I know nobody has gotten it to work. The typical instructions for reorder cpu-miner should get you past where your at though. The crux of the matter is that once you manage to deal with curl and gmp, you get to the nvcc problem. nvcc requires that you use cl.exe and not gcc. Supposedly these objects cannot link with other gcc generated stuff for reasons i don't understand. So then you have situation where you actually need curl and gmp to be built with cl.exe. The dependencies on libgmp can be removed though, mostly it is for debugging. As for libcurl I have no clue. In any case your probably going to have to do something less automated than the makefile. On IRC we had some people doing the "manual compile", typing in various commands to gcc to build objects. What good that does when gcc can't link with cuda is beyond me.

Rumor has it that ccminer's build infrastructure is somewhat more advanced in dealing with windows. Porting the code to ccminer is not so hard, most of it started there anyways, but ccminer doesn't know how to speak XCN to, well the only XCN pool.
It might be worthwhile to get a CPU version of ccminer running on xcn.1gh.com. Then it's pretty simple matter to get the GPU codes brought in.

[Jungian]

down down  

Very high inflation rate at the moment. I would not expect price to be be stable at a higher price

[mikenz]

why did the bottom fall out on the price???

More supply than demand is always the only objectively correct answer.

But my opinion is that it was grossly overvalued for a coin that was only a few days old with major "growing pains" and I said so a few days ago.

There is also an overhang of one guy with over 500k coins mined from the beginning at very low cost (and whatever other ninja miners we don't know about)

I still think it is somewhat overvalued, but not too bad at this point. I'd be a buyer at 1500 given no further developments.

Do you think it goes back up in the long run, given the high supply?

[smooth]

why did the bottom fall out on the price???

More supply than demand is always the only objectively correct answer.

But my opinion is that it was grossly overvalued for a coin that was only a few days old with major "growing pains" and I said so a few days ago.

There is also an overhang of one guy with over 500k coins mined from the beginning at very low cost (and whatever other ninja miners we don't know about)

I still think it is somewhat overvalued, but not too bad at this point. I'd be a buyer at 1500 given no further developments.

Do you think it goes back up in the long run, given the high supply?

I think there is some price where the supply can be absorbed by the market, if the coin continues to develop and begin to realize its potential for scalability, microtransactions, etc.  That is a big if, which is why the initial burst of buying was overly exuberant.

The supply is fixed in XCN but not in BTC. At a lower price the supply is less of an overhang.

If the price drops to something sustainable and then the coin begins to successfully develop, then the price should go back up.

[richardn1987]

why did the bottom fall out on the price???

More supply than demand is always the only objectively correct answer.

But my opinion is that it was grossly overvalued for a coin that was only a few days old with major "growing pains" and I said so a few days ago.

There is also an overhang of one guy with over 500k coins mined from the beginning at very low cost (and whatever other ninja miners we don't know about)

I still think it is somewhat overvalued, but not too bad at this point. I'd be a buyer at 1500 given no further developments.

Do you think it goes back up in the long run, given the high supply?

Sorry to say, the coin is great and all, but i think we will go below 1000 today.

Long term it can be a good investment.

[piccionipier]

why don't reduce the number of coin ?

[Jungian]

why don't reduce the number of coin ?

Doesn't matter where you put the limit as long as it is fixed.

[xyjcoin]

Some test result on Cudaminer

The newest version may 100% GPU computing. The old version may <100% GPU computing.

The newest version use <10% CPU, the old version use 100%CPU.

The old version 15%  faster than the new version.

So may be the old version combined CPU and GPU, may be better.

[Jungian]

Some test result on Cudaminer

The newest version may 100% GPU computing. The old version may <100% GPU computing.

The newest version use <10% CPU, the old version use 100%CPU.

The old version 15%  faster than the new version.

So may be the old version combined CPU and GPU, may be better.

Whast hashrates are you getting?

[xyjcoin]

Some test result on Cudaminer

The newest version may 100% GPU computing. The old version may <100% GPU computing.

The newest version use <10% CPU, the old version use 100%CPU.

The old version 15%  faster than the new version.

So may be the old version combined CPU and GPU, may be better.

Whast hashrates are you getting?

One K20 about 2M

[XNext]

What happened?
The price down fast.

[blissz]

sell me some

[Markos]

Whast hashrates are you getting?

GTX 670 - ~2150 Khash

[sparks2013]

Has anyone compiled this on windows yet that can provide the source?  I'm still trying to get it to compile, but keep hitting bumps in the road

[dga]

Well, since the GPU arrived, here's a CPU freebie. :-)

NOTE - this code is only safe on 64 bit systems with 64 bit GMP.  The real way to do it is to grab the #defines from jh00's xptminer and re-use:

Code:

#if defined _WIN64 ||  __x86_64__
       uint32_t d;
       for(d = 0; d< bns[0]->_mp_size; d++) { /* Thanks, jh00 - xptMiner to the rescue */
         *(uint64_t*)(bdata+d*8) = bns[0]->_mp_d[d];
       }
#else
        mpz_export((void *)bdata, NULL, -1, 1, 0, 0, bns[0]);
#endif 

Gets rid of all of that time wasted in mpz_export, as I alluded to earlier...

[watuba]

Thanks for playing.  I don't see an address in your signature boy.

YOU CAN CHECK AGAIN 

That address isn't a valid address.  It's too short or something.