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Showing 20 of 38 results by BlkdOut
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Board Announcements (Altcoins)
Re: [ANN][LIBERTYCOIN][XLB] X11 | 100% POS | No IPO | No Premine | Cryptsy & Mintpal
by
BlkdOut
on 29/05/2014, 13:57:33 UTC
Don't we all have one thing in common? Making money? Making a difference?

We can rally together and do that. Put the differences aside.

You understand that trading is a zero sum game right? "We all rally together to make money" does not exist. If I make money, someone lost the equivalent or the opportunity to make that money.


Yes, but there are many markets attached to cryptocurrencies, with the most important markets being BTC/USD and BTC/CNY. The zero-sum game only applies when the money supply is constant (or fairly constant such as fiat). In crypto, the exponential rise of the price of Bitcoin, which this whole market is based on, means that it isn't actually a zero-sum game because the demand for coins is rapidly increasing.

I understand your analogy from the fiat market days, but it doesn't technically apply here.

Regards

I am not sure this is an adequate explanation to how it is not a zero sum with regards to a community 'rallying together to make money'. I am genuinely interested in what you have to say about this so do not take this as me being sarcastic or something. I do not see the relationship between money supply being constant, or the relavence of bitcoins 'exponential rise' in price. Basically we have FIAT that we trade for BTC, then we are just trading two goods with a market value. BTC => Alt => BTC +> Etc.... The price relationship between BTC and FIAT has nothing to do with the fact that when you are trading BTC and the ALT it is a zero sum game. When you trade from BTC to FIAT it is another zero sum game. The fact that 'BTC can go up 1000000% and both people who traded ALTs could technically gain FIAT in the end' misses the point that when they were trading the ALTs, someone gained on a trade and someone lost. If one of the persons would not have traded they would have been better off than if they had traded. Then you move to the FIAT market, someone is winning and someone is losing there too, Another zero sum game.

I guess we may just have different definitions or look at the markets in different scopes. My opinion is there should not and cannot be a community based on making money, it is delusional to think that we are all here to make sure everyone makes money. You and I are here to try and gain an advantage over people who are invested in the coin but are not part of the Bitcointalk community, this is just to say we are screwing over different people; we do not care about people who hold this coin, we care about making their money, our money.

Edit: Also I do look forward to what you have to say on the topic, thanks.
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Board Announcements (Altcoins)
Re: [ANN][LIBERTYCOIN][XLB] X11 | 100% POS | No IPO | No Premine | Cryptsy & Mintpal
by
BlkdOut
on 29/05/2014, 12:33:55 UTC
Don't we all have one thing in common? Making money? Making a difference?

We can rally together and do that. Put the differences aside.

You understand that trading is a zero sum game right? "We all rally together to make money" does not exist. If I make money, someone lost the equivalent or the opportunity to make that money.

I don't mean to be a downer, but the 'best' people at the crypto game are the ones who are willing to go to great lengths to manipulate people into doing whatever they want. Community is an illusion anymore.
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Board Announcements (Altcoins)
Re: [ANN][LIBERTYCOIN][XLB] X11 | 100% POS | No IPO | No Premine | Cryptsy & Mintpal
by
BlkdOut
on 29/05/2014, 11:43:03 UTC
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Board Announcements (Altcoins)
Re: [ANN]CureCoin - Earn while you solve cures for Cancer. True 3.0 crypto
by
BlkdOut
on 19/05/2014, 02:01:22 UTC
The investor ipo is off putting IMO. It is just way too many coins given out for the amount of btc. I know there is no way to fix it now, but it is a big issue for me. Why not change the halfing to every year and increase the amount of coins distributed the first couple years. Currently at around 950000 points a day, it will take me nine months to get 10,000 coins, with this decreasing as the diff rises.  I agree that initial investors should be able to reap some reward, but that is ridiculous. It was handled poorly and is the elephant in the room for this coin.

This may be off putting to you but what would be more off putting would be if the devs would have promised the initial investors an amount when they invested and then changed the agreement closer to launch after they had the investors BTC for the development stage. I think how it was handled is the correct way, even if it suits you and I both poorly. It was a great investment for those individuals, but wasn't it open to the public?
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Board Announcements (Altcoins)
Re: ANN CureCoin is launched 5/10/2014
by
BlkdOut
on 16/05/2014, 13:16:03 UTC
Anyone knows who is the best folders in our team?
http://fah-web2.stanford.edu/cgi-bin/main.py?qtype=userpage&teamnum=224497&username=dime

He has only 9 clients active and his points are around 70mil PPD. I wonder what kind of monster machines does he have to get such enormous PPD.

Thanks in advance if someone could enlighten me.

A lot of those points are from months ago, he averages around 4m a day which is nice setup none the less.
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Board Announcements (Altcoins)
Re: ANN CureCoin is launched 5/10/2014
by
BlkdOut
on 15/05/2014, 06:01:43 UTC
I was wondering if anyone's considered hitting this thing from the third angle. We've got GPU's hitting the folding pretty hard. We've got SHA256 ASIC's hitting the mining end pretty hard. What about a multipool so the SCRYPT ASIC's can hit the value end of things? Then all mining hardware could be used to develop and support CureCoin. Just a thought.

We have nothing useful for scrypt asics to do and it would effectively require a hard fork for nothing.


Asics secure network
GPUs fold


Scrypt Asics would be worse at securing the network especially because their are a lot less.
Scrypt Asics can't fold.

No no, scrypt asics could mine at a MultiPool, like BlackCoin's or CinniCoin's multipool. Basically they would mine Scrypt Based altcoins, and the multipool would automatically trade them for CureCoins. It's a proven technique that allows Scrypt miners to apply buy pressure to coins that are otherwise unobtainable for them.

It wouldn't require any change to the wallet or network. The Scrypt Miners literally just buy coins in exchange for their hashpower.

Buy pressure created by these pools is almost none.... I think BCpool last time I looks was creating 7BTC of buy pressure... That is nothing. Those multipools are basically hype machines for people that do not do the math. Sounds like it would work though.
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Board Announcements (Altcoins)
Re: ANN CureCoin is launched 5/10/2014
by
BlkdOut
on 13/05/2014, 19:58:04 UTC
how many exchanges are there for this at the moment? Also anyone else been mining for 3 days with no coins?

I had no actual coins and nothing showing on the pool after 3 days too - last hour or so i do get some data though saying estimated payout on the pool, no coins yet, seems to be varying delays for different people.  would be good to understand how the pool picks up the WU from F@H i hope this isn't a manual process lol Smiley

What is your username on F@H? And what is your estimated PPD and payout?
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Board Announcements (Altcoins)
Re: ANN CureCoin is launched 5/10/2014
by
BlkdOut
on 13/05/2014, 19:50:16 UTC
So, in other altcoins you don't think ASIC resistance is a feature?  

One of the factors that makes a coin valuable is the number of users/holders, i.e. the distribution.  The more people that hold a coin, the more value it has, usually.  If more people can be involved in the mining or folding process due to Curecoin being 80% ASIC proof then that makes for a stronger foundation of support for the project.  


In a coin that has NOTHING to do with asics except for the negation of, it's not a feature. It's a non-topic.


It's still a coin, and all coins have something to do with ASICS Wink

Folding has as much to do with ASICs as a penny does. Both are coins, and both can not be mined with ASICs; This is every way in which both are related to ASICS. If someone is wondering whether or not to fold for curecoins and they land on "Well I would, but what about ASICS? I guess since it doesn't list it is ASIC proof/resistant I wont" Then they have no idea about what folding is and need to be asking questions to the community anyways. Why would we list ASIC proof/resistant when miners with ASICS are needed for the coin? And why is this topic going on and on? I am starting to think you are just being stubborn about it when you know you are incorrect. This concept has been being explained to you for hours now.
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Board Announcements (Altcoins)
Re: ANN CureCoin is launched 5/10/2014
by
BlkdOut
on 13/05/2014, 15:00:50 UTC
The point is that ASICs are used for this coin, just not for the folding of it. ASICs can not be used for folding, so it is redundant to say ASIC resistant folding.
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Board Announcements (Altcoins)
Re: ANN CureCoin is launched 5/10/2014
by
BlkdOut
on 13/05/2014, 14:25:36 UTC
Glad to see the coin launched! Sad I missed the launch day but it is what it is.

My question is that I keep getting a message on all of my CGMiner that says something like "Share rejected due to target". I didn't write it down fast enough and now I have an error message that says "Worker temporarily banned". MY HW shows 0 so I don't think my intensity is too high. I use a bunch of AMD r9 280x's

Any help would be greatly appreciated! I'd love to get this project rolling.

Come over to the IRC channel http://webchat.freenode.net/         room: #Curecoin

You can not mine Curecoin with a graphics card, you need to be running folding@home that is outlined in the OP
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Board Announcements (Altcoins)
Re: ANN CureCoin is launched 5/10/2014
by
BlkdOut
on 13/05/2014, 14:09:25 UTC
With a 270x I'm getting very poor performance.  gpu:0:Hawaii [Radeon R9 200 series].  In the work queue the ETA on the gpu is 10 days while my cpu is about 2 and a half hours.  Any suggestions?  Is my card just not powerful enough for this type of work?

They are working on different jobs, The PPD is what you want to focus on. Your 270x should be getting 70-80k. If you are running multiple cards you may nee to pause your CPU.

Just a single card.  I tried pausing the CPU and the PPD dropped drastically.  It's now well below 2000.  I followed the setup instruction exactly and verified that it says FahCore 0x17 so I'm not sure what's wrong?   Huh

Join the IRC and I will try to help out http://webchat.freenode.net/

Room is #CureCoin
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Board Announcements (Altcoins)
Re: ANN CureCoin is launched 5/10/2014
by
BlkdOut
on 13/05/2014, 14:00:42 UTC
With a 270x I'm getting very poor performance.  gpu:0:Hawaii [Radeon R9 200 series].  In the work queue the ETA on the gpu is 10 days while my cpu is about 2 and a half hours.  Any suggestions?  Is my card just not powerful enough for this type of work?

They are working on different jobs, The PPD is what you want to focus on. Your 270x should be getting 70-80k. If you are running multiple cards you may nee to pause your CPU.
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Board Announcements (Altcoins)
Re: ANN CureCoin is launched 5/10/2014
by
BlkdOut
on 13/05/2014, 13:03:15 UTC
How long does it normally take to get your passkey for folding?  I would have thought I'd get it within a minute but still waiting...

It should be almost instant, double check your junk folders, mine got filtered into 'newsletters' for some reason.
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Board Announcements (Altcoins)
Re: ANN CureCoin is launched 5/10/2014
by
BlkdOut
on 13/05/2014, 11:47:14 UTC
I think that the ideas behind this coin are awesome, however the dev needs to work out how to make the mining returns competitive

I'm not sure if the Devs can say much about the mining returns... The free market decides the value of the coins you are receiving.
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Board Announcements (Altcoins)
Re: ANN CureCoin is launched 5/10/2014
by
BlkdOut
on 13/05/2014, 11:35:41 UTC
Am I the only one using cryptobullionpools.com?  I've pressed the "cash out" button to claim my curecoins, but 24hrs later it still hasn't been deposited to my wallet.  When i logged back in this morning the curecoin balance is still in the pool?  Seems like the pool is broken...I contacted the dev of the pool last night and am waiting for a response, but in the meantime, id rather not fold if the pool is not working!!

hi - can i ask how long did it take to show you had coins on cryptobullionpools.com?  I have had '0.0 KH' for 3 days but it did show you coins it just won't payout?  I had no response from support either

Does your name at f@h and the cryptobullion match exactly? Meaning upper and lower case also?

What is your username at F@H?

yes, my username is exactly the same Smiley.... I am able to see a balance within the pool, but for some reason the balance wont cash out.  I've used many pools in the past and have never had problems cashing out.  I even went as far to try different browsers on different computers, but still no luck


I think the Dev said yesterday that the manual payouts will be processed twice daily. He will have to verify this though. I can ask when he gets back in the #Curecoin IRC
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Board Announcements (Altcoins)
Re: ANN CureCoin is launched 5/10/2014
by
BlkdOut
on 13/05/2014, 11:29:52 UTC
CureCoin team just broke top 100 on Stanford's  Total Point Team Rankings!
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Board Announcements (Altcoins)
Re: ANN CureCoin is launched 5/10/2014
by
BlkdOut
on 13/05/2014, 11:24:47 UTC
How are the payouts per MH/s for the folding pool?

there aren't any. if you thought you wanted coins, apparently you have to understand its 'bigger than that' lol.

:rolls eyes: Looks like we found the first coin troll... Where did I say that you won't get the coins you deserve? Where does it state that ANYWHERE? Your coins will be paid out, what I was trying to address in my post to you is that 'yes it takes longer than the coins you are used to mining' and 'you are mining a coin in the early stages of development, so stop bitching about things after they are clearly explained to you OR stop mining coins in early development'.... Quite simple... Quite.

ok first, the above was not addressed to you, second i think its fair to warn other miners of the problems that i have had that no one has addressed, third, you assuming i never mined early coins - thats all i do lol - if you can help with the issue then please do otherwise stop reply to me?

Replying to other folders saying they will not be paid out for the work they completed is just BS. So I addressed your BS. You are not 'warning people' you are telling them that something is broken, when it has been explained SEVERAL times, but you don't listen.

Here is your help: Folding takes a long time, when your WU is submitted (possibly 24+ hrs after you start) it takes Stanford another possible 12-24 hrs to post your work to where Cryptobullions has access to it. Then CrytpoBullions pays out once a day. Soo what does that mean? You start now, possibly complete a unit in 24 hrs, then another possible 24 hrs to post, then another possible 24 hrs to get paid out... Look at that, 3 days.

can you stop reply to me please?


? You asked for help, but yes this is the last reply. Glad I was able to resolve your issue!
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Topic
Board Announcements (Altcoins)
Re: ANN CureCoin is launched 5/10/2014
by
BlkdOut
on 13/05/2014, 11:21:41 UTC
How are the payouts per MH/s for the folding pool?

there aren't any. if you thought you wanted coins, apparently you have to understand its 'bigger than that' lol.

:rolls eyes: Looks like we found the first coin troll... Where did I say that you won't get the coins you deserve? Where does it state that ANYWHERE? Your coins will be paid out, what I was trying to address in my post to you is that 'yes it takes longer than the coins you are used to mining' and 'you are mining a coin in the early stages of development, so stop bitching about things after they are clearly explained to you OR stop mining coins in early development'.... Quite simple... Quite.

ok first, the above was not addressed to you, second i think its fair to warn other miners of the problems that i have had that no one has addressed, third, you assuming i never mined early coins - thats all i do lol - if you can help with the issue then please do otherwise stop reply to me?

Replying to other folders saying they will not be paid out for the work they completed is just BS. So I addressed your BS. You are not 'warning people' you are telling them that something is broken, when it has been explained SEVERAL times, but you don't listen.

Here is your help: Folding takes a long time, when your WU is submitted (possibly 24+ hrs after you start) it takes Stanford another possible 12-24 hrs to post your work to where Cryptobullions has access to it. Then CrytpoBullions pays out once a day. Soo what does that mean? You start now, possibly complete a unit in 24 hrs, then another possible 24 hrs to post, then another possible 24 hrs to get paid out... Look at that, 3 days.
Post
Topic
Board Announcements (Altcoins)
Re: ANN CureCoin is launched 5/10/2014
by
BlkdOut
on 13/05/2014, 11:12:29 UTC
How are the payouts per MH/s for the folding pool?

there aren't any. if you thought you wanted coins, apparently you have to understand its 'bigger than that' lol.

:rolls eyes: Looks like we found the first coin troll... Where did I say that you won't get the coins you deserve? Where does it state that ANYWHERE? Your coins will be paid out, what I was trying to address in my post to you is that 'yes it takes longer than the coins you are used to mining' and 'you are mining a coin in the early stages of development, so stop bitching about things after they are clearly explained to you OR stop mining coins in early development'.... Quite simple... Quite.
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Topic
Board Announcements (Altcoins)
Re: ANN CureCoin is launched 5/10/2014
by
BlkdOut
on 13/05/2014, 10:57:24 UTC
Can someone explain the pools?
Are they using SHA256 (so asics only) ?
folding proteins with GPU gives you coins as well

"folding proteins with GPU gives you coins as well"

no it doesn't at least from here - i folded 3 days on 5 rigs and not a single coin came through to CryptoBullionPools

and no replies from their support email cryptobullionmining@gmail.com

have moved off this now - i earned a few coins from the SHA, but the folding is a joke

It just takes a little while, you need to be patient...

As for folding on a laptop, I generally do not recommend it, laptops worst enemy is heat; but this is your call.

hope you are right

but even if coins come through now, i lost interest already, miners want to know what they are mining (folding), what is their likely daily payout for their KH, how many rigs should they put on this, who else is mining it and what are they earning, etc etc - this has none of that, you just wait for 3 days looking at the pool saying '0.0 KH' with no reply to support and get told to be patient - too much for me Smiley

You dove into something the is completely revolutionary and want all of the bells and whistles immediately... I agree we all want things laid out neat and perfectly for us, but this is why early investors in a new tech get huge payouts, while people who take the 'safe route' get average returns. Things will get better, and yes all I have for you is "be patient"... This is not another clone coin, this is something bigger than whatever it is you are probably pointing your miners too, but now you can see your current hashrate Smiley

Edit: I am not trying to be condescending, but you are trying to be an early adopter who demands everything found in an established coin.