A cool video on the rise of the mobile payment system M-Pesa in Kenya.  I think it had a lot of valuable lessons on the success of an alternative payment system.

http://blog.usaid.gov/2013/04/video-of-the-week-animating-m-pesa/

EDIT*  BTW still looking for someone to design some logos for me, will pay 40 VTC for a few nice variations of the logos.

Hey guys,

I'm actually looking to get a few logos made for a little business I'm running.  I'm really not to sure of the process of asking someone to make me a logo if they provide watermarked samples before the finished product or whatnot but I'm willing to pay 40 VTC for a professional job and 10+ variations for multiple purposes.  If anyone is interested feel free to PM me. 

I like the top one, much better font then previous 

There is no way a 270x can outperform a 280x.  Performance maybe 55% lower mining vertcoin then other scrypt coins but the AMD GPU performance still scales proportionally to normal scrypt.

Yes it is slow, but a healthy slow.  Its about time we see VTC grow at a good pace and settles into the market. 

Start here http://vertcoinmarket.com/ and see what the community is doing with Vertcoin 

Also you can check out progress with marketing and other topics on reddit http://www.reddit.com/r/vertcoin/ (such as spending VTC on amazon via moolah.ch)

VTC just started to grow when the BTC panic hit.  The VTC name still isn't that big so it's not going to have much buy support while this whole panic is going.  For just an example, say 100 people are buying and 100 people are selling crypto, BTC price tanks due to flaw in bitcoin (https://bitcoinfoundation.org/blog/?p=422) so now people are nervous and it's 150 people selling and 50 buying.  The new VTC coin doesn't have much of those 50 remaining buyers because its too new and unpredictable in a currently heavily unstable market.  It seems though as explained by Boris previously that some big players are taking advantage of this lack of buy support and lowering the price slowly and steadily to hoard a massive amount of coins probably waiting for this BTC crisis to be done with.  It is way to soon to make assumptions about this coins demise with the current state of the market.  Though most of the above is my speculation if anyone cares to toss in their opinion.

Regardless of anything above,  I've settled on this coin because I love the idea behind this coin and what it wants to accomplish along with the outstanding community support.  I'll continue mining this coin regardless on how long it takes to succeed because I think the idea behind this coin is the one I want to settle on.  Everyone has different views on crypto including just trying to make some money by mining what is most profitable and I don't think there is anything wrong with that because it's a market with money to be made like stocks but every now and then a coin comes out that might actually continue the original idea of crypto to create a solid, fair, and secure virtual currency that can be used for goods and services which I believe is Vertcoin.

ahahahaha guess so! glad we managed to help each other on that one.


There are some IPs in my debug.log, the ones my client connected to would be considered nodes correct?

The cards i'm using are gigabyte 280x with factory core oc of 1100 and I did have everything set individually per card in the batch because I believe one has a different ram manufacturer which always caused it to work poorly on higher clock speeds with normal scrypt.  Though after reading both of your posts I had the idea to switch back to default clocks of 1100,1100 and now i'm getting a solid 595 & 592 Kh/s @ 65c (though its located in a basement so the ambient is nice and cool)

Thank you guys for the quick replies!

Hey guys,

I wanted to know if anyone could shed some light on my hashrates if they are running as high as they should be.

Basically to make it simple my most optimal configuration is 584 Kh/s on a 280x,  is that a good rate?
I have another one that runs at 567 Kh/s but all GPUs are not created equally.

lol buy wall  , still there as of 4:30 (-5:00)

http://i.imgur.com/1bBBebB.jpg

Didn't know we had a forum 

+1


Its a tough argument on the benefits vs drawbacks of zerocash. Personally I don't think you can have a widespread common currency that is also completely anonymous, because as much as everyone loves talking about privacy rights, you also have "the right" to pay your taxes which anonymous currency makes difficult for the government to know how much you should be paying and in all likely hood will not be accepted.  I think once vertcoin goes with zerocash there is no way it will be accepted as a legal method of payment but yes as jballs pointed out it will provide a great way to move money around and not be traceable even in the most extreme cases.  It just seems to me cryptocurrency is still getting its leg in the door when it comes to be accepted as an actual form of payment, don't you think we as the cryptocurrency community should be focused on getting our coin used like a currency? Though if the devs have already decided then we will just have to see how it will be like when it is implemented and hope for the best.

Yea, We really need to start promoting moving volume out of there before it starts messing with VTC big time.  Its ridiclously obvious,  when other exchanges are buying for .0051 with decent volume, sell orders are going through on cryptsy for .0049-48 in 50-100+ VTC which makes no sense unless your intentionally trying to keep the price down.  We should promote one exchange in particular to keep the volume high somewhere other then cryptsy.

Agreed.  Just seems like cryptsy is the one heavily controlling the price of VTC at the moment.

We need more buy support on cryptsy, whoever keeps on selling 100+ VTC for lower then all the other exchanges are buying is doing it on purpose to drop it.  It would be nice to see that buy wall from coinedup over on cryptsy then we can have some fun.

Man someone is on a mission to drop the price of VTC on cryptsy.  The trade history is all over the place.

I'm pretty sure you just made it a easier for me to explain to others how mining works, I can't believe I haven't though of that example 

That is a good analogy.  So basically Mt. Gox was supposed to but did not implement in their wallet software a way to verify the funds in that transaction.

Sounds like he is basically saying Bitcoin is broken and that Gox should have implemented their own way to find out if a transaction is real or not.  I hate to say it but if a flaw like that really does exist how can one say it's not broken.