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Showing 20 of 61 results by psikogeek
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Board Announcements (Altcoins)
42 is not dead....it cannot die whilst humans still live
by
psikogeek
on 27/10/2014, 18:17:44 UTC
Rumors of my demise are premature.
Rumors of 42 demise are unfounded.

MEA CULPA:
I have not posted here in around 2 months.  In that time, I've found a related projects that matter to this one.  Mostly, I've discovered that clouds are coming of age with Docker and CoreOS.  This matters to me and to the 42 as it opens the door to inexpensive hosting of web assets (like nodes and websites) robustly.  By robustly, I mean reliably and with a low upkeep cost.

This last item has become more important since one of the great properties of the 42 has been decaying away: swift transactions aided by at least 8 reliable nodes.  I just punched my wallet and have spent a few minutes to find just 3.  When I have a battery of web hosts, I'll created Docker containers for more nodes.


I don't know that I have any avid followers of this thread at this time.  If you are one, you may recall that there was some discussion of underlying algorithm.  In particular, I proposed Proof of Stake, and was given incentive to go only partially Proof of Stake.  That future and others are still held open as options.

I AM IN NO HURRY.  I see no reason to hurry as there is much to think about.  I note that the 42 rate at Cryptsy seems to have been steady at 4 and a fraction for quite some time.  In time, I think that will rise.
Till then,

long live the 42.  It will outlive you and me.


P.S.   EMERGENCIES:  I scan this forum for reports of things that are emergencies.  I don't see any.  The most serious lately has been the report of orphans, but later posts seem to explain/resolve that one.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] 42 | + super rare | + only 42 coins to be mined | + Update b4 Block 55,000
by
psikogeek
on 17/08/2014, 23:30:50 UTC
Thanks zadai532 for the detail on your 42 wallet efforts.
Post
Topic
Board Announcements (Altcoins)
Re: Community Fork Contingiency to start now.
by
psikogeek
on 12/08/2014, 21:02:05 UTC
What's broken with the wallet?

It seems I spoke too soon.  My wallet seems to sync now.  There were complaints before.

Probably nothing except that zadai532 JUST REPORTED a problem.

zadai532: my previous experience with not fully syncing was that transactions occurred normally.
You did not say that your transaction did not show up...
...but you sound distressed and the wallet creates the key that allows you to use your balance, so...
I suspect you are not able to use your balance.  Correct?
Post
Topic
Board Announcements (Altcoins)
Community Fork Contingiency to start now.
by
psikogeek
on 09/08/2014, 01:59:22 UTC
Three months ago, I proposed to delay the fork plan for the 42 until 8-8-14:
See Post #3984 for my proposal.
See Post #4050 for more information on my vision.


Today is 8-8-14.

It is time to get serious.

In the interim, I have not been checking this forum often, but Soopy had been working an a wallet fix until he abandoned the project. I think the wallet is priority one.

My current guess at top Priorites:
  • Fix Wallet. (Windows and Nix)
  • Figure out who else is interested in this project.
  • Get accustomed to using Github as the right way to publish.
  • Get into the habit of testing and code review in this publishing method.

I am still interested in the 42 because most money is basically
  • a medium of exchange, and
  • a store of value
while the 42 is much more than most forms of money.  It is
  • a medium of exchange
  • a store of value, and
  • a window into our fondest thoughts about money, the universe, mortality, satire, and other things.

In short, the 42 can make us like it even before looking at it as a store of value or a medium of exchange.

I am still not in a hurry; there is much to ponder.


Post
Topic
Board Announcements (Altcoins)
8-8-2014 community fork will not be a fork
by
psikogeek
on 21/06/2014, 00:28:43 UTC
I'm still prepared to develop the 42. 

I would only check this forum every week or two but there seems to be a wallet issue.  I might have to step in earlier with a VM with the latest blockchain and debug features installed.  That VM will be called "Deep Thought."  I expect the build will take less than 7.5 million years...maybe more than 93.45% less.

Actually, I see no reason to panic.  Any currency should go for long periods of time without intervention.  Also, I like the recent low prices in spite of my holdings.

Please keep me informed if anyone is seriously attempting to fork this cryptocurrency. I am not in a hurry, but others might be antsy.




Post
Topic
Board Announcements (Altcoins)
Re: [ANN] 42 | + super rare | + only 42 coins to be mined | + Update b4 Block 55,000
by
psikogeek
on 01/06/2014, 02:05:42 UTC
Holy shit ! This has turned into a South Park episode !

Cartman !?

I'm down.. if Alanis Morrisette gets to play God again. Tongue


YES
YES
and NO


Yes, the South Park episode would be "Kenny Dies".

Yes! CARTMAN!  Recall that "Kenny Dies" is the episode where we learn that Eric Cartman is the greatest businessman America has ever produced.  If you don't agree, get out of my galaxy.  Eric Cartman was thwarted in his sale of human fetuses by an comical government.  He maximized his equity by repurposing the fetuses as super jumbo shrimp.  THAT is weakly analogous to what I want to do with the 42.

No, I don't think I can get Alanis Morrisette for any purpose.  Sad I don't even think I can get Matt Stone or Trey Parker. They have FAR more money than we could possibly compete with.  Just maybe they might find the image we spin could appeal to the smart alecks within them.

Merge your souls with Eric Cartman, or get out of my cryptocurrency-cynicism-comedian-religion.



Post
Topic
Board Announcements (Altcoins)
Delayed Fork Plan (still 8-8-2014 or later)
by
psikogeek
on 31/05/2014, 23:43:28 UTC
Hippie Tech never let up even after he saw that the premine was still intact. I cant emotionally continue. This is the last message from me you will ever see. Feel free to hard fork 42 coin.

Sorry to hear that.  Being resistant to criticism is a necessary trait for the internet social arena...and politics...and high school.

I will want to buy the 42coin.org domain name from you.  Not required, just wanted.

Why we should refine the current coin and not re-launch a new one:
  • CRYPTSY already carries the 42

I had a list of reasons to refine not re-launch, but I think the Cryptsy thing trumps everything including that some of us own some of the current coin.

BitcoinNational said, "42 is not just a number it is a Holy name." He is right.  The holy name is the foundation of my vision.

Some points for my vision:
  • Stop marketing the 42 as rare. Build it as the currency of the cynical/enlighted/rebellious/comedic spender.
  • Get Terry Jones to sing a song about it. If neither he nor John Cleese are available, I'll find someone else.
  • Make an effort to get cooperation from the owners of the intellectual property of Douglas Adams (PBUH).  We likely have little funding BUT cryptocurrency and this cryptocurrency in particular mesh neatly with the ideas Douglas put forth so long ago.  The man was a prophet.
  • Revamp that graphical wallets based on the previous items.
  • Change the algorithm.  Previously in this thread, I was introduced to Proof of Stake.  I now lean that way. I am not sympathetic to miners even though I am one.  Currencies do not exist to enrich the printers or mints.  They exist to earn a place in the hearts of many people.
  • GET THE 42 INTO THE NEWS.  DISCLAIMER: I do NOT mean use it to finance hit jobs on various politicians/celebrities; that's Hollywood's job.
  • Innovate a bit.  This will require lots of input/discourse.  I'm thinking of preventing deflation.
  • Entice Vendors.  Should be easy with the 42.
  • Recast the 42 as a religion not a cryptocurrency

I have something resembling a vision, but I am not in a hurry.  I can still wait until at least 8-8-2014.  If you don't agree to the first 3 or 4 items on my list, you will lose my services.  The others are less critical.  I need more ideas.  Moreover, we need a plan to create a "foundation" or trust to manage these things in the future when to dust I return.

I might have to check this thread more often than the once every two weeks I was planning.
Post
Topic
Board Mining (Altcoins)
Requirements to make this work
by
psikogeek
on 23/05/2014, 16:59:34 UTC
I want to try this miner, but I have not been able to make in work on my Ubuntu miner.

I thought it was just an executable file to unrar into a folder.  No go.

I thought it might require the other sgminer files around it.  Also no.

I tried getting various curl libraries and 32 vs 64 bit versions, one GPU at a time, and I'm out of ideas.

This can't be so complicated.


What plan should have worked?



Various errors:
  • Error -46: Creating Kernel from program. (clCreateKernel)
  • my@miner:~/superdarkâ« ./sdminer -c tmb.conf
    1 my@miner:~/superdarkâ«
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] 42 | + super rare | + only 42 coins to be mined | + Update b4 Block 55,000
by
psikogeek
on 22/05/2014, 17:46:06 UTC
I'm not sure what you mean by this, but I still stand by my assumption that a fork still empowers the previous devs, assuming of course they still hold any 42.

Better a new coin with little premine and trusted backing.

No.  Age and treachery tend to win out over youth and skill.  The value of a currency already on exchanges far exceeds the value of a currency founded with the best of intentions.

Market share in the form of mind share is what makes a currency valuable.  Is not the fed accused of padding the dollar?  If the Zimbabwean authorities still have some huge horde of $100 trillion notes, are they not still a great store of wealth? (and appreciating much better than the 42)

Completely dishonorable intentions including fraud have spawned great industries in the past.  Fraudsters get replaced by growers.  It is normal.  IBM and Microsoft sold products they did not have.  Toyota sold sub-par motorbikes for years before improving their quality.

Founders die or move on.  The foundation is the inspiration of talent for continuing growth of mind share for Cryptocurrencies.  The 42 could excel here if no so badly marketed.  I still deeply resent the "miner" focus for this coin.  If this does not change, I will not be involved in the future.

Anyway, this ought not be a technical entreaty but an emotional one; someone may have cheated the 42 system for personal gain.  So what? Currency does not condemn cheating and personal gain is what it is for.

Would it bother you if the 42 became popular in a few years and the founders regretted selling out?

As I mentioned, I may only visit this forum every week or two.
Post
Topic
Board Pools (Altcoins)
Why has X11 been so profitable?
by
psikogeek
on 20/05/2014, 02:11:32 UTC
The decision to mine X11s has been a no-brainer lately with the highest payout and the lowest electrical cost.

WHY has it been so profitable lately?

(I would expect to have far more miners on it to avoid ASICS and lower electrical expenses)
Post
Topic
Board Announcements (Altcoins)
Re: Community Fork Contingiency
by
psikogeek
on 13/05/2014, 04:56:12 UTC
Sounds like a good idea if the original devs have given up on it. If they cannot be bothered to post in the next 3 months, they can hardly say it was stolen from them.
I agree, either the coin is adopted by the community or we let it die. The original devs have quite obviously abandoned ship.
I can be patient; I plan to check this thread only every week or two until then.

Those who are taking the cynical view that the devs nefariously manipulated the market, might want to consider that they can do so by being silent for a long time while buying the 42. Then, they would inflate the market by participation, and then sell again.  Or then again, maybe they just have lives.  Wish I did.
Post
Topic
Board Announcements (Altcoins)
Community Fork Contingiency
by
psikogeek
on 08/05/2014, 16:32:07 UTC
I propose to sit on this for 3 months until 8-8-2014, and then launch a community fork.  It ought not be a hostile takeover.  We computer literates are accustomed to abandonware.  Cryptocurrencies minimize authority in favor of community.  The coin itself owns no intellectual property.  We ought to make peace with the owners of the most appealing and most related intellectual property.

We may not need to act; there is no reason other than your feelings that the accepted devs must comment every day, week, or even month.  The book goes on even after the author perishes.  Some works are reborn by the hand of a new editor from a later generation.

My education is electrical engineering with training in programming,
...but my background is more in marketing.  I view the 42 as a marketing opportunity.  Don't get me started on my dislike of the marketing of the 42.  I'd need to explore the subtleties of cryptocurrencies before having much to contribute to code.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] 42 | + super rare | + only 42 coins to be mined | + Update b4 Block 55,000
by
psikogeek
on 08/05/2014, 16:14:13 UTC
Price comes from markets.
I doubt that it's purely market price, ...
It is MOSTLY.  Machinations of market price had been the delusions of left-leaning economists until they gave up on finding them.  Easy access to the ears of traders opens the door to some manipulation of those traders.  Caveat emptor.

Still, if you want to sell below what the market offers or buy above what the sellers ask, be my guest. You will not lack for trading partners.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] 42 | + super rare | + only 42 coins to be mined | + Update b4 Block 55,000
by
psikogeek
on 05/05/2014, 22:55:49 UTC
As i see 42 is under dump influence. Some1 is preventing any action aimed to increase the price. Do you know what does it mean?
Price comes from markets.  Markets are the interactions of those who buy with those who sell.  Dumping implies owning a stockpile to dump.  Selling then implies the re-evaluation of the investment.  People making their own decision sounds like the perfect world to me.

Anyway, I despise the marketing of the 42 as "super rare" or even "rare."  The idea is a good one; it will be a community takeover candidate if abandoned by its developers.

When the 42 trades for less than a BTC, I suppose I'll jump in.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] 42 | + super rare | + only 42 coins to be mined | + Update b4 Block 55,000
by
psikogeek
on 26/04/2014, 00:40:27 UTC
Maco, Hendo where are you......was the IRS at your doors to claim the premine  Cheesy
Ha ha ha....ahhh.  IRS/FBI/CFTF are to be feared.  They have the power to proclaim guilt to make you prove innocence, and they get offended by arrangements of ones and zeroes outside of their control.
Post
Topic
Board Pools (Altcoins)
Re: [ANN][MULTI][VARDIFF] Pool|TradeMyBit - 0.5% Prop/Profit Swap/Auto-Exch
by
psikogeek
on 20/04/2014, 23:40:25 UTC
We spend a good bit of time balancing which exchange to use, how often to trade the coin, and how the coin will be calculated in the profit scoring system due to the price decrease that occurs when large amounts are sold at a time. While it's not always perfect, we do strive to get the best "bang for the buck" when it comes to exchanging. You should notice WC is much closer to going market rates moving forward as we've made quite a few changes in its trading process to accommodate the large volume we've been pushing.
As I mentioned to another poster, I do not envy the task of exchanging the proceeds of a multipool.  I could add to the above that the exchange options exist only after the deposits arrive and are confirmed.
Post
Topic
Board Pools (Altcoins)
Does TMB evade Kimoto Gravity Wells?
by
psikogeek
on 19/04/2014, 00:32:06 UTC
I am asking because I do not know.

The 42 has just added multipool protection. (KGW).

Does TMB avoid KGW currencies or try to profit from them with low volume?
Post
Topic
Board Pools (Altcoins)
Re: [ANN][MULTI][VARDIFF] Pool|TradeMyBit - 0.5% Prop/Profit Swap/Auto-Exch
by
psikogeek
on 19/04/2014, 00:29:25 UTC
The 0.20% is the avg rate that exchanges charge.
What the exchange charges is not the service provided.  The service provided is
1) Selling at survivable exchanges
2) which one wants to be the most profitable exchanges,
3) large amounts,
4) while the coins are being or about to be dumped by other multipoolers, and then
5) redistributing the proceeds.

I do not envy the task of autoexchange for a multipool.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [GIRL] [BOY] Girlcoin and Boycoin Easter Egg Launch (18-04-2014)
by
psikogeek
on 19/04/2014, 00:19:06 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] 42 | + super rare | + only 42 coins to be mined | + Update b4 Block 55,000
by
psikogeek
on 18/04/2014, 16:26:02 UTC
Sppppooooooonnnnnn!