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Showing 12 of 12 results by tyranosaur
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Board Announcements (Altcoins)
Re: [ANN] official NovaCoin thread - the original PoS+scrypt coin. --POOL LIST--
by
tyranosaur
on 26/11/2013, 15:16:03 UTC
Novacoin has some good fundamentals. I thought it was much undervalued last week. It always traditionally was around 0.02 or at least more than LTC so glad to see it come back to it's position.  Though ya, the spike and height it has reached from the recent boom is certainly surprising.  I was guessing more along the lines of 10-15$ but hey, the market wants lots of Novacoins.

Honestly less surprised to see NVC at over 15$ than I am at seeing NMC selling for 7 bucks. Pretty nuts stuff.

Novacoin has no fundamentals. It has no market, no volume, no demand. It offers no innovation. The only thing it has going for it is that the half dozen Russians that premined it own 95% of all the coins and collude to control the price. If you're not one of them and you choose to own this coin, then you're a fool.

And the market does not want lots of Novacoins. The order books are completely bare. The scammers just sell the coins to themselves making it look like there's demand to sucker in the noobs.



Post
Topic
Board Securities
Re: [MCXNOW IPO] : 11,000 BTC raised [ UPDATE : 2 HOURS LEFT ! ]
by
tyranosaur
on 06/11/2013, 03:44:17 UTC
2 hours left !
After it will be too late to get some at 0.4

Down to 0.3 already.
Post
Topic
Board Securities
Re: [MCXNOW IPO] : 11,000 BTC raised [ UPDATE : 9 HOURS LEFT ! ]
by
tyranosaur
on 05/11/2013, 18:34:36 UTC
so what are the "company" founders going to do with $1.2M they raised?

Roll around naked in a pile of money while they laugh at the suckers that gave their bitcoins away.
Post
Topic
Board Securities
Re: [MCXNOW IPO] : 1.2M$ raised [UPDATE : 2Millions now]
by
tyranosaur
on 04/11/2013, 22:24:13 UTC
The trading of mcxFEE will resume Wednesday

Any guess how low they'll drop once trading starts? I'm thinking they'll drop to at least 0.2, maybe 0.15.

What time will this be? I want to have some popcorn ready!

With the bitcoin price rise, i think they will drop a bit after the release.
They won't go at 0.2, the return are too high. Maybe some at 0.38 but not much.

But by the end of November, i think they will be 0.45+


Lol. There's 18,000 left unsold at 0.4btc. You think people will pay 0.38 when they won't pay 0.4? If you believe they're a good investment, then good for you. I just hope you were smart enough to wait to buy because they will be significantly cheaper come Wednesday.



Post
Topic
Board Securities
Re: [MCXNOW IPO] : 1.2M$ raised [UPDATE : 2Millions now]
by
tyranosaur
on 04/11/2013, 18:30:27 UTC
The trading of mcxFEE will resume Wednesday

Any guess how low they'll drop once trading starts? I'm thinking they'll drop to at least 0.2, maybe 0.15.

What time will this be? I want to have some popcorn ready!
Post
Topic
Board Altcoin Discussion
Re: Ripple XRP to go open source on Sept 26 ! (UPDATE - already up 60% and climbing)
by
tyranosaur
on 18/09/2013, 00:29:32 UTC
There is no way to prove that OpenCoin isn't "giving away" the majority of their XRP to addresses which actually are controlled by OpenCoin (or their employees) themselves. They would have to reveal the identities of the users behind those addresses for that, which is not going to happen as it would compromise the privacy of these users.
We drafted the XRP distribution plan. If we thought keeping 80% of the XRP was best, we would have decided to do that. I don't see any benefit to us doing it deceptively and, of course, there's significant risk to doing things that way.

You cannot possibly believe this to be true. You must think we're all idiots. There are 100 billion reasons for you guys to lie about the giveaways and zero risk of getting caught if you did.



Post
Topic
Board Altcoin Discussion
Re: [XPM] So, why is porting primecoin mining to the GPU so difficult?
by
tyranosaur
on 22/08/2013, 01:00:45 UTC

 The hot spot in a primecoin miner is testing numbers for primality by using Fermat tests (with base 2). Porting the sieve to the GPU is almost pointless, because only 1% of the computing time is spend there.




I was under the impression that the sieving part of the algorithm was taking up much more than 1% of the computing time. For example, currently my "Sieve/Test ratio" is at 75%/25%... or am I confusing things?

Post
Topic
Board Altcoin Discussion
Re: Problems hidden behind the current XRP/Ripple crash
by
tyranosaur
on 16/08/2013, 04:40:02 UTC
Agreed. I think OC need to become better communicators and more transparent with 'large dealings'. I've dumped most of my and riding the wave up where I will buy in with 100,000's more XRP. I think we could easily see 100,000+ xrp/ 1 btc soon.


I think we could see 100,000+ xrp/ 0 btc soon
Post
Topic
Board Mining (Altcoins)
Re: [XPM]unofficial jhPrimeminer thread
by
tyranosaur
on 06/08/2013, 23:36:18 UTC
AVX version crashes on startup for me.

Regular version is running great though. Already found a 9-chain in less than two hours so far with default settings.

i7 4770k @ 4.5

Thanks mumus!

Post
Topic
Board Altcoin Discussion
Re: For consideration, next-gen coins... Gen-3
by
tyranosaur
on 06/08/2013, 05:23:19 UTC
Isn't the semi-decreased reward employed with PPC?

Enjoyed reading the thoughts either way.

I don't know all the details of how PPC functions, personally, but at this point, they all reduce rewards without consideration for actual individuals. That is why they all end-up depending on pools for any kind of fractional reward.

They decay based on hash-power, fast, leaving the only real rewards for early miners.

Eg, 1 miner gets 10 a day early on, solo-mining... then a month later, gets only 1 a day... then a month later the reward is 1 every 10 days... then ultimately, it takes 1000 miners to get 1 coin a month, which they all have to split 1000 ways. (As the network grows from 1 to 10 to 100 to 1000 to 10000000 miners {miners hardware})


To the comment about PrimeCoin and other forms of "do something" coins...

Just replacing "scrypt" or "sha256(sha256)" with "solve another solution"... I do not personally see as a "generation upgrade". That is just a swap of "solutions". (But like I said, I have mixed feelings about that feeling.)

IF they rewarded YOU, in coins, for that work... (Coins they had to purchase to get those results). That would be a generation-3 coin. However, finding a cure for cancer, by burning power (coal/nuclear/hydro) and using Chinese manufactured circuits that contain more cancerous elements and cause more cancers than they solve... that only rewards "pharmaceutical companies trying to save millions and making you spend millions and then use that solution to charge you for a cure"... I don't quite see "That" as being a gen-3 coin. However, it is better than the "do nothing" for a coin. That I agree with.

By the way...

Cancer has no cure... Nothing actually has a cure. That is just false advertising. That is how they manage to sucker people to give them money, so they don't have to spend it creating "ailment alleviations", that they call cures. If you had cancer in your body, and you "cured it"... that would leave your insides looking like swiss-cheese, full of holes where the cancer previously lived. Even if they found a cure, they couldn't cure you until you got it... and that would kill you, curing it.

Name one thing that was ever cured? You can't. Because nothing has ever been cured, only delayed, hidden, masked, subdued, or made worse... TB, Polio, Syphilis, Chicken-pox, Cow-pox, Small-pox... They all claimed to have a cure, they simply created more deadly versions in the process. The cures kill more people than the actual ailments ever did, and it only cost us trillions every year, for them to find new ways to kill us!

You want to cure cancer...

Stop buying cell-phones, stop listening to the radio, stop sitting next to a wifi computer, disconnect your RF power-grids, move away from the city, stop ingesting toxins, stop washing your clothes with cancerous bleach that you sit-in all day long, and move away from the radiation-screen blasters that you are reading these words on...

Oh, and stop breeding with people who are prone to cancers. Get to know the mother, father, grandmother, grandfather of the person you mate with, before you spawn genetic variations of undesired traits.

Problem solved... but no coins earned... and you CAN afford that cure!

Harsh, but true... We all start to die, from the second we are born. Some just do it better, more efficiently, peacefully, and willingly, more than others, who normally go out kicking and screaming, like they way they arrived in the world. In the end, we all just make things worse for those entering the world, before we exit. Even if we lie, and tell ourselves it is better... it is not. Thus, we offer only ailment alleviations, to those who pay us the most, the rest just have to suffer.

I enjoyed your first post... you should have stopped there.

Post
Topic
Board Altcoin Discussion
Re: 【GRW】The Second Giveaway of GRW, 0.4 GRW for Every Address, Just for 50 Addres
by
tyranosaur
on 04/08/2013, 18:27:14 UTC
#7  GcrGQ7mbJshzy7srpnEQB5Zm8Qgnwyq7Uc tyranosaur


Thanks!
Post
Topic
Board Beginners & Help
Re: Alt-Coins
by
tyranosaur
on 03/08/2013, 14:55:25 UTC
Hi,

What do you think of the prospects of Ripple? Do you think it would replace Bitcoin in any shape or form? Sooner than later?

Thanks

I think it's a joke personally.

I concur with the above theory. I would like to add that its not a very funny joke.:|

I think as do many others that ripple is a scam. Ripple is whats known as an 'instamine' meaning all the 'coins' have been premined and 20 BILLION of them kept by the developers. There are a total of 100 billion 'ripples' in existence.

Its an attempt to corner the digital currency market, ruin all other crypto currencies, and become the next federal reserve bank.

Avoid ripple (XRP) like you would avoid a keystroke logger, or the swine flu.. Again not funny at all :|


Absolutely. Something like 50 people control 95+% of all Ripple in existence. Complete and total scam. Avoid it like the plague.