Re: [GPUC] GPU Coin | GPU on-line sales OPEN | Marketplace is live
You know, I just thought of a great idea to get this coin rolling, all the people that read, follow, and support this coin, but rarely or have never posted here, please post and introduce yourselves! We all would love to meet you and hear any comments that you may have. Also, I personally have had 4 280x's pointed exclusively at GPUC since launch, and yeah, i'm talking I solved like 5 blocks at oakpool when the reward was still 1 coin. But, the troubles we have had are just not helping buy pressure at all. I'm considering pointing two of my cards at litecoin, dogecoin, vertcoin or some such other high volume coin that I can mine and dump and move the BTC over to put buy pressure up on gpucoin, not even necessarily buying it outright, just putting up the highest bid, and letting the dumpers sell to me. I'll probably get more coin, and boost the price. The only hesitation I have is that the network hash is so low right now. But, I'm thinking that if we watch it carefully, in a couple days we could boost the price and volume all by ourselves, even on our small exchanges,without any help, and that will bring back a few miners when the price goes up some, etc. What y'all think?
waltsmith
waltsmith
You know one idea is.. maybe we can switch over to POS, and then setup a reverse-multipool like BC..
Micryon - You could flip to X11 hashing (which would give the coin some popularity, and reduce block rewards by .5), or switch the POS and work on the multipool..
Or take a combination of them both... since the multipool will take a while to configure.
Start with an X11 / .5 Fork - advertise it, then say in 30 days we are switching to pure POS, and a multipool will launch with it.
The main problem with this coin right now is that it is nearly impossible to get a gpu by mining the coin (unless you have as much gpu as the store...). I think the block reward is already too small as the coin will be falling below the 10sat... (increase by ten the reward would be a best move).
Although, I think the idea was good. It shows clearly one thing: cryptocurrencies are not yet ready for supporting a business model.
(or it should have been planed with a retail value of 1sat all along, in which case it could work a bit better)
Changing the algo would be good too... My cards don't like at all scrypt-n (runs too hot, easy driver crash...) take something like fugue, heavycoin or groestl Nvidia people will be happy.
