Quote from: micryon on May 05, 2014, 06:36:45 PM

Quote from: general_heat on May 05, 2014, 06:23:40 PM

micryon thanks for sticking along...hoping you will stay for longer time.

I'm still around

Quote

James started this coin with a good motive but I feel as he didnt fix number of GPU coins required per GPU so the coin had no backing to maintain its value.

I think you hit the nail on the head here... the problem is , it's a huge risk, esp with the PoW generating more coins. I think that could work for a PoS-only coin. Good news is while trying to help the AC project i've started working on the PoS code base...

I would still suggest that the GPUCoin price of any item in the store should be set by selling that amount of GPUCoins _before_ completing the GPUcoins for hardware transaction.
This way the store keeper will always have funds to restock the store and the prices for items sold are real.