Quote from: kalus on January 03, 2014, 06:56:31 PM

Quote from: Maverickthenoob on January 03, 2014, 06:53:12 PM

Quote from: kalus on January 03, 2014, 06:49:49 PM

Quote from: johnny_non on January 03, 2014, 04:11:55 PM

. i mean half of you haven't had anything to say until maybe 2 days ago
and all this talk of market crash.
blah blah bullshit
it's a week old and $0.50 usd it saw $1.00usd it's first day in trade
there are 1000000+ coins plenty liquid
do any of you know how long it's taken bitcoin to touch any of that?
so anybody trying to speak on behalf of me for forking is talking out their ass
cause i think it's the wrong move.

+1

The person you have quoted has no business being +1'd for anything he said. It's all bullshit speculation that doesn't actually mean anything.

+1 means i agree with him, you fuck.

as you have admirably demonstrated, opinions are like assholes.

Quote from: Maverickthenoob on January 03, 2014, 06:53:12 PM

I can show you mathmatically that this coin is fucked, as-is. who are you going to believe?

ok, show us mathematically that this coin is fucked. please provide proofs.

please start with a mathetmatical proof that catcoin is instrinsically worth 0.50usd-1.00usd on the first day of trade. i'm sure we'd all fucking love to see the mathematical justification for that fairytale.

The personal attacks are unnecessary. I'm well aware you agree with him, I'm also well aware that it is world class levels of stupid TO agree with him.

The math is simple, lets see if you can follow it.

First off, the price speculation is irrelevant at this point, but the coin is high block time low reward, which inherently makes it more valuable than spamcoins, like doge, at least on a per unit basis. This is common sense. What's most important out of this is The coin isn't getting confirmations which essentially means it's dead. Putting that aside for a moment, lets look at the numbers that prove that:

There are 2016 blocks between retargets currently, we are on block 20269 and the retarget is 22176, meaning we have 1907 blocks remaining before the difficulty returns to normal levels. At the current hashrate (assuming it doesn't drop like a rock, which it is) at the current rate of a block every 1.5 hours (avg over last 12 hours), that means we have just a little over 119 days until the diff unfucks itself, people are NOT going to wait around that long mining an unprofitable coin.

It also means that transactions are taking a minimum of 4.5 hours to confirm to the exchanges and NINTY hours to confirm from even the shortest pools. This is unsustainable, and if you see it any other way you should get yourself checked for delusion.

We are not changing anything about the currency other than letting the difficulty recalibrate more often, protecting us from the huge pools that hop around. I'm really not sure why you're so angry about this, there's just no other way to keep this coin alive.