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Author Topic: [ANN] xaucoin | XAU | Gold-like Asset | Store of Value | PoW SHA-256  (Read 42457 times)
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xaucoin (OP)
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March 15, 2015, 06:20:35 PM
 #241

Current xaucoin block reward is 1.953125 XAU

next halving is block 18900 when the xaucoin block reward halves to 0.9765625 XAU per block approx

approximately 4101.5625 new XAU coins are produced before the next halving 2100 blocks later

Again  xaucoin is now getting very rare indeed

most of the total 2.1 million xaucoin coin base is already in circulation

in one more block halving  the xaucoin reward per block is below the decimal place
 
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March 15, 2015, 07:20:07 PM
 #242

hmmm seems way overpriced for me

How can it be over priced at 122sats  from https://yobit.net/en/trade/XAU/BTC   Seems to be under priced to me, it should be sold at around 50K sats for a rare coin. 
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March 16, 2015, 12:46:44 PM
 #243

hmmm seems way overpriced for me

How can it be over priced at 122sats  from https://yobit.net/en/trade/XAU/BTC   Seems to be under priced to me, it should be sold at around 50K sats for a rare coin. 
Rarity by itself is not guaranteeing high price, if there is no interest in the coin. Only if there is liquidity, rarity may help the price.

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March 16, 2015, 01:43:09 PM
 #244


Rarity by itself is not guaranteeing high price, if there is no interest in the coin. Only if there is liquidity, rarity may help the price.

very true
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March 16, 2015, 01:44:53 PM
 #245


xaucoin XAU is now listed on coinmarketcap.com

http://coinmarketcap.com/currencies/xaucoin/

thank you to coinmarketcap.com  admins
 
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March 16, 2015, 08:30:38 PM
 #246


xaucoin XAU is now listed on coinmarketcap.com

http://coinmarketcap.com/currencies/xaucoin/

thank you to coinmarketcap.com  admins
 

wow , already one step forward, keep the good job dev  Smiley , first deposit to my wallet 21 XAU, thanks for giveaway  Cheesy

..Stake.com..   ▄████████████████████████████████████▄
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xaucoin (OP)
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March 17, 2015, 04:17:30 PM
 #247


Current xaucoin block reward is 0.9765625 XAU

next halving is block 21000 when the xaucoin block reward halves to 0.48828125 XAU per block approx

approximately 2050.78125 new XAU coins are produced before the next halving 2100 blocks later
 
McKnight
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March 18, 2015, 09:33:02 AM
 #248

Hows it going guys, any updates on your wallet or p2ppool?  just a thought can XAUCoin be merged mined with bitcoin?

Oh also i've just tweeted Bittrex, if everyone does it you should get listed there https://twitter.com/BittrexExchange
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March 18, 2015, 06:54:31 PM
 #249

Hows it going guys, any updates on your wallet or p2ppool?  just a thought can XAUCoin be merged mined with bitcoin?

Oh also i've just tweeted Bittrex, if everyone does it you should get listed there https://twitter.com/BittrexExchange

Mergemining is like binary star systems, eventually the bigger star consumes the little one.
xaucoin (OP)
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March 20, 2015, 11:51:49 AM
 #250

Hows it going guys, any updates on your wallet or p2ppool?  just a thought can XAUCoin be merged mined with bitcoin?

Oh also i've just tweeted Bittrex, if everyone does it you should get listed there https://twitter.com/BittrexExchange

Mergemining is like binary star systems, eventually the bigger star consumes the little one.

slow although steady progress on updates for a new wallet to github  should be ready before the block reward hits zero

p2pool is being considered as the best way to mine when the block reward has dropped to zero to keep the network moving

community is not very forthcoming with goods and services provision for altcoins as it once was  we had hoped to have higher transaction volume and some more established faucets online

no plans for merged mining though
 
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March 20, 2015, 12:11:30 PM
 #251


xau.minerpools seems to be temporarily out of service  though http://xau.manhattanmine.com/ is going good


hero member tuaris https://bitcointalk.org/index.php?action=profile;u=68813 is looking to add a faucet and solo mining pool for xaucoin in the next days hopefully at their website

Mining Pools & Crypto Faucets
http://mining.securepayment.cc - http://faucet.securepayment.cc

this will be a perfect solution for xaucoin moving forward in terms of anyone being able to continue mining with a low hash rate

usb block eruptors  usb antminers  and older r-box  are welcome to the pool and to support xaucoin
 
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March 22, 2015, 11:06:52 AM
 #252

Good news! I'll put some hash on it as soon as its ready, just sorted out an old S1 with one board working on it 100Gh/s
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March 22, 2015, 12:11:53 PM
 #253

any news dev , i think the price it's not friedly for me  Cry Cry
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March 22, 2015, 04:13:39 PM
Last edit: March 22, 2015, 04:24:57 PM by jeffery_dahmer
 #254

any news dev , i think the price it's not friedly for me  Cry Cry

You probably should help in promoting the coin. Most coins die from a lack of interest, being a pump n dump scam, or faulty/ non- working tech. It looks like the coin works, the dev seems to be active and working on this regularly, so all thats left is promotion. Promote the coin, generate some interest in what is already here and then you might see prices rise. A coin with limited supply and a huge community can generally do well as long as the dev and the coin can avoid scams and FUD.

I dont have any skin in this game, i was just checking things out cause i saw McKnight here.

EDIT: xaucoin- you might want to decrease block times in the future to make sending and receiving coins between the exchange and wallet faster. people love a fast coin. Also, what are your plans when you hit maximum coin supply? You will still need people mining with PoW for the transactions to go through. Im a miner, I won't mine for tx fees alone unless the value is extremely high. PoS is an option, even if staked blocks are only .00001 + tx fees. just a thought

EDIT 2: xaucoin- also, i do like the fact you targeted solo miners in your op. This is a big plus in my book. You gained a lot of respect for that alone.

Still waiting, FrazzleNutz
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March 23, 2015, 05:39:42 PM
 #255

Good news! I'll put some hash on it as soon as its ready, just sorted out an old S1 with one board working on it 100Gh/s

thank you @McKnight

tuaris is still working on the new solo pool and faucet
 
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March 23, 2015, 06:04:41 PM
 #256

any news dev , i think the price it's not friedly for me  Cry Cry

You probably should help in promoting the coin. Most coins die from a lack of interest, being a pump n dump scam, or faulty/ non- working tech. It looks like the coin works, the dev seems to be active and working on this regularly, so all thats left is promotion. Promote the coin, generate some interest in what is already here and then you might see prices rise. A coin with limited supply and a huge community can generally do well as long as the dev and the coin can avoid scams and FUD.

I dont have any skin in this game, i was just checking things out cause i saw McKnight here.

EDIT: xaucoin- you might want to decrease block times in the future to make sending and receiving coins between the exchange and wallet faster. people love a fast coin. Also, what are your plans when you hit maximum coin supply? You will still need people mining with PoW for the transactions to go through. Im a miner, I won't mine for tx fees alone unless the value is extremely high. PoS is an option, even if staked blocks are only .00001 + tx fees. just a thought

EDIT 2: xaucoin- also, i do like the fact you targeted solo miners in your op. This is a big plus in my book. You gained a lot of respect for that alone.

@jeffery_dahmer thank you for support

xaucoin does have a 1 min block target which is really the minimum for safe transaction stability

it is hoped that transaction volume would be higher when we hit maximum supply

PoS is not really an option for xaucoin as we wanted to test the Bitcoin model fast forward  so no inflation  2.1 million XAU and thats it

however I can understand that this will not fill the market with confidence  as this is an uncharted situation

we continue trying to attract new exchanges and goods and service providers and do twitter giveaway and new faucets


solo mining for transaction fees  luck box style is the best approach  hoping that as we progress people will consider a xaucoin holding  with decentralized mining directly onto the wallet  even with low hashing usb asic  this is the only incentive to mine

the best example for what you are describing is probably Crypto Bullion  which has some interest and inflation albeit very low level percent

xaucoin is much more similar to Unobtanium  where rarity and scarcity has shown to work much better in maintaining price and value
 
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March 24, 2015, 02:18:04 AM
 #257

any news dev , i think the price it's not friedly for me  Cry Cry

You probably should help in promoting the coin. Most coins die from a lack of interest, being a pump n dump scam, or faulty/ non- working tech. It looks like the coin works, the dev seems to be active and working on this regularly, so all thats left is promotion. Promote the coin, generate some interest in what is already here and then you might see prices rise. A coin with limited supply and a huge community can generally do well as long as the dev and the coin can avoid scams and FUD.

I dont have any skin in this game, i was just checking things out cause i saw McKnight here.

EDIT: xaucoin- you might want to decrease block times in the future to make sending and receiving coins between the exchange and wallet faster. people love a fast coin. Also, what are your plans when you hit maximum coin supply? You will still need people mining with PoW for the transactions to go through. Im a miner, I won't mine for tx fees alone unless the value is extremely high. PoS is an option, even if staked blocks are only .00001 + tx fees. just a thought

EDIT 2: xaucoin- also, i do like the fact you targeted solo miners in your op. This is a big plus in my book. You gained a lot of respect for that alone.

@jeffery_dahmer thank you for support

xaucoin does have a 1 min block target which is really the minimum for safe transaction stability

it is hoped that transaction volume would be higher when we hit maximum supply

PoS is not really an option for xaucoin as we wanted to test the Bitcoin model fast forward  so no inflation  2.1 million XAU and thats it

however I can understand that this will not fill the market with confidence  as this is an uncharted situation

we continue trying to attract new exchanges and goods and service providers and do twitter giveaway and new faucets


solo mining for transaction fees  luck box style is the best approach  hoping that as we progress people will consider a xaucoin holding  with decentralized mining directly onto the wallet  even with low hashing usb asic  this is the only incentive to mine

the best example for what you are describing is probably Crypto Bullion  which has some interest and inflation albeit very low level percent

xaucoin is much more similar to Unobtanium  where rarity and scarcity has shown to work much better in maintaining price and value
 

@xaucoin, I appreciate the response. I did start solo mining since difficulty is so low using my old usb miners. I do look forward to seeing where you take this and will follow you via twitter. I wont have many coins when you hit max coin generation but with the rarity, the dedication you seem to have, and a growing community, I'm hopeful it will make it worth while.

Still waiting, FrazzleNutz
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March 24, 2015, 06:43:25 PM
 #258

I want to buy some but sell orders are too small Sad this coin will be very easy for the price to move up due to 2.1 millions max coins !!

I think every buy under 500 sat for now is a good buy
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March 24, 2015, 07:02:08 PM
 #259

I want to buy some but sell orders are too small Sad this coin will be very easy for the price to move up due to 2.1 millions max coins !!

I think every buy under 500 sat for now is a good buy

Make a buy order and hope that someone dumps their coins to you! that's what i do...

But not too much dumping going on at the moment, perhaps people are beginning to realize this coin could be worth something!
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March 24, 2015, 08:58:07 PM
 #260

My Tweet: https://twitter.com/TweetsCoin/status/580473198199869440

My XAU address:
1Lqy1m6yYqdYnfZfySzqqQcgEMtRkWN7F

.
.7 BTC  WELCOME BONUS!..
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