Topic: [ANN] AIRcoin - page 51. (Read 137280 times)

Great buy support devs.



Dumps all the way down to 0.00095.

Five of us in AIRchat now. come join the fun

I've taken the initiative to start up a Skype group chat where all the Aircoin enthusiasts can share ideas on promotion, PR, innovation and research.
A place where we can hangout and share good vibes

I have done this for other coins in the past and found it to be great for community atmosphere and loyalty.
I'm inviting everyone who's shown serious interest in AIRcoin.

If I didn't invite you but you would like to join, simply PM me ! I didn't feel like going through 62 pages of posts to find every single one of you


EDIT : Lots of chat going on already

Just some food for thought... When you mine...

These are numbers for what you should expect to get, roughly, as difficulty climbs.


We are at the 17-22 diff range at the moment. That is roughly 2 AIR coins per day, per 7970. (~$2 at the price now)
(A 6x rig of 3MHs would be about 12 AIR per day, or about ~$12 a day.)

When DIFF climbs to 51, everyone will be getting half as much, and desire 2x more than you see now, on the charts.
When DIFF climbs to 204, everyone will be getting 1/10th as much, and desire 10x more than you see now, on the charts.
When DIFF climbs to 2000, ... desire will be 100x
When DIFF climbs to 20,000... desire will be 1000x

However, it is never linear... so at 2x, they will actually get only about 1.5x-1.8x, and when it is 204, they will get about 7x-8.5x... Since there is always someone before, who can cash-out for less, and still be in a gain. That, plus exponential growth of coins "in hand", once mined.

That is why you want to mine the hell out of this coin, NOW, to cash-in later. Much later... For that 7x-7000x gain. Not for a quick "pay my bills" exchange NOW.

That is just a quick recap for the obvious new-comers who have not quite figured-out how mining works yet.

If it grows too fast, everyone gets excited and starts dumping... That is not good for the coin, or your un-cashed "investment". That is why slower growth, done by management, is "better". As long as the miners keep coming.

If you would like to help bring more notice to the coin, ask that it be added to CoinWarz.com

www.CoinWarz.com

There is a "Contact Us" web-form on the bottom-right of the web-page. Just request that he consider adding AIR to the charts, and tell him the primary exchange it is on. (Poloneix.com)

You will then see, visually, how well the coin is doing in actual "value", not just BTC-relation, which is useless without knowing the price of BTC, at that moment is is worth x-BTC. However, that will surely bring more miners, who will, in turn, add value to the coins you have previously earned.

If you are just going for BTC quantity, no matter what the BTC value is (being worth $40 or $4000), and don't care what the actual USD value is.
You might be interested in being listed here also...
www.CoinChoose.com
(Contact them in the forums to get it added. CoinChoose - alternative site to show respective profitability of the alt coins)

Not sure how they will handle the coin-reward-value as it changes... but they might just pull that from the daemon, or estimate it, like the lotto-coins do. (However those lotto-reward coins are not estimated correctly. That is why so many people get tricked into mining those horrible coins. Lotto-reward coins are the ones with a ( ? ) after the block-reward.)

P.S. Going on another shopping-spree.

P.P.S. Difficulty now down to 16.937255859375 (1.11M), should be easier to get more of those pre-popular coins. Just wait until 0.001 coin is your daily mining effort, and that is worth $10-$20 a day. Then you won't be complaining about the 3-20 coins a day you earn now. (Depending on the number of rigs you are pointing at the coin. I still believe 6-card rigs are the average. [3MHs] per individual.)

P.P.P.S. Comparable coins with that scrypt difficulty level are...
DigiByte
ReddCoin
WorldCoin
42coin
MoonCoin (Wow, it still has a lot of miners. lol.)

P.P.P.P.S. Not long before we are up to par with these coins...
MegaCoin
Philosopherstone
BitBar
CatCoin (Not KittehCoin <- scamcoin)
AnonCoin
TagCoin

P.P.P.P.P.S. Income-tax checks are finally starting to post into the exchanges now. The next wave of value should be flooding the market soon. (The IRS stalled checks by 21 days this year, for most people. That, and it takes about 10-20 days for most of these exchanges to actually process incoming checks. Also, Gox is nearing opening again. That will make more BTC available to many of us who have been in purgatory for the last few months.)

Scrypt ASIC's have been out for almost a month... (Gridseed and variants)

They are not like sha-256 ASIC's. They cost a hell of a lot for the same hash-rate. (It is cheaper to get any sha-256 ASIC, mine BTC, and buy the alt-coins directly. scrypt-ASIC's are years away from being worth purchasing, unless scrypt-values rise. So, again, not a threat. Long-term, they are not worth it, though they save power... New ASIC's that don't rape your wallet, are around the corner. Still, those are not as valuable as the sha-256 ASIC's. FYI those gridseeds only cost about $5.00 to make. Tell me who is winning that war. He buys 10 for every 1 you buy from him, and pockets the rest. You will never be more than him, on any market. )

(Not promoting this site, just showing it.)
http://hashra.com/gridseed-3-mh-s-scrypt-sha-miner-including-psu-accessories/

As far as I know, the 50MHs and 100MHs and 300MHs sites are all fake "give me a loan, we want to try and make a miner" sites... Most have been shown, hands down, to be flat-out scams. The ones that are not, are still not worth the money. It is still cheaper to buy coins for gains, then it is to mine, for almost any coin.

However, mining + buying, together, allows you to manipulate the market by hash-rate and value.

AIR needs more miners at the moment. You want that diff to rise. If it falls, enough for you to "cash-out NOW", you will cash-out now, and cause it to drop more. Obviously, that is the majority of any new coin that starts. It is a hurdle for every coin. One that AIR has already thwarted on one step, and will continue to do. (Unlike AUR and DOGE and MEOW and all the other coins that were purposely pumped to create bag-holders.)

Seriously, if you are complaining only one week into the launch on an exchange... You have already identified yourself as one of those who do that. Sorry that your diabolical plans of value-rape and pumps are failing.

One year... that is what EVERYONE should be holding for. You mine steady all year, then you can complain if the end of the year has lower returns. (I mined coins all last year, which my estimates were $3.00-$5.00 a day per miner-rig. At the end of the year, the estimates jumped up to $39-$58 per day, per rig. When I cashed those out, it was as if I had earned those values, all year long. THAT is how you mine. THAT is your goal.)

AIR has that ability. I don't know any other coin that does, besides BTC and LTC, which is being manipulated by the big investors. (AUR could have been, if it wasn't controlled by a bank that failed holding money. What did everyone think would happen. They failed as a bank, now they want to try to control crypto. lol. Those guys will scam everyone out of crypto, like they scammed their money-holders.)

Bitcoin

We've addressed the issue now, and thank you very much for bringing it to our attention.

We do have methods to prevent them from continuing to trade AIRcoin, but we would prefer if they respect our wishes and remove the currency from their exchange entirely.

For now, we ask that ALL users refrain from making any deposits into Coinpeat. It is not an exchange we support, and does not have the faith of the development team behind it. Be warned that any deposit you make can be stolen, there is no certainty of the website's reliability, and AIRcoin will not be offering any market services to the exchange, making it very difficult to trade on. There is no reason to take the risk, and many reasons not to. We currently have a thriving, successful exchange at Poloniex: https://poloniex.com/exchange/btc_air

Show me one successful coin without premine! Yep, Dogecoin. Every other coin without premine has failed bad. Just look at 365coin, it's perfect example for "fair" failcoin. No premine means no promotion, no marketing, no bounties for developing services, no faucets, voting to get into exchanges. Sad but true.

Devs

Are you aware of

https://www.coinpeat.com/

which is listing AIR ?

Found this thread. Scam beware.
https://bitcointalksearch.org/topic/anncoinpeatcom-21-new-trading-markets-0-trading-fees-520890

good point. i've been dabbling now with alt coins for a while and it seems to be the trend (in the short term at least)
hopefully the long haul can prove some worthwhile in all you mine 

best wishes,

R

Whales get all the coins regardless of when they join. I have seen low rewards like that for the first 1000 blocks kill coins.

We're both looking into different algorithms and their methods of implementation, as well as difficulty adjustments.

Since we have mechanisms involved to deal with inflation through the market, the effect of ASICs on a coin's exchange rate doesn't bother us very much at all. However, it can mean that only those with the budget and technology for ASIC miners would be able to mine the coin, forcing others to use an exchange.

The major problem with ASICs is the dispersion rate, as the difficulty has to constant adjust itself (and is always falling behind the ever-increasing hashrates) to cause more inflation and blocks to be solved faster than intended. The next problem is with the effect that has on the market, causing even higher short-term inflation that outruns the short-term demand increased caused by those who cannot acquire the hardware (and thus end up buying instead).

But 2 things have changed since SHA-256 ASICs came out:

1. KGW was created, giving a strong defense against both Multipools and ASICs.
2. Methods (such as AIRcoin's investment pool) to counteract inflation have been designed and experimented with.

So unlike the advent of SHA-256 ASICs, we think the effect (both because of the small difference in barrier of entry and the existing methods to counteract ASICs) of Scrypt ASICs will be minimal compared to what ASICs were for SHA-256 coins.

The next wallet version will have tweaks to the KGW system to take Scrypt ASICs into account.

We've also looked into the various Scrypt ASICs and at current prices, do not see exceptional change like SHA-256 ASICs. This is perhaps because Scrypt ASICs are far more complex and expensive for the same capabilities, but also because they are not far away from existing GPU performance, and their benefit has less to do with barrier of entry (which is where GPUs have had a huge advantage thus far, since they were ubiquitous in their use and always available in their supply) and more do with the cost of electricity.


Exchange rate can be calculated as:

(Demand rate + Investment Pool Growth) - (Supply Rate + Inflation Rate)

We know the inflation rate is about ~4.5 BTC of volume per day, and the investment pool is growing at a rate of about .52 BTC per day. This means that on a daily basis:

(Demand Rate/day + .52/day) - (Supply Rate/day + 4.5/day) = Rate the exchange rate has moved/day.

Since we know that if the exchange rate wasn't moving, then demand would be outweighing supply by about 3.98 BTC per day. Since it is falling (albeit at a small rate) that means that (by definition, as we measure demand and supply after-the-fact) that right now, unfortunately demand is just a little lower than supply. This is, again, because 2-3 weeks of mining is being offset by 2-3 days of exchange speculation.

As the investment pool is currently leveraging only about 500 AIR to generate that .52 BTC per day in a ~12-20 BTC every 24h market, we can reasonably expect that it will be able to completely offset the inflation rate when it can either leverage ~5000 AIR or when the 24h volume is closer to 120 or 200 BTC/day. For the exchange rate to rise, it would have to grow by the same amount that the supply rate overwhelmed the demand rate.

However, if before that happens, we implement the adjustable block reward, then we can control both sides of the equation to accommodate any situation of supply or demand.

In other words:

We can't control the demand rate directly.
We can't control the supply rate directly. (It is still a free market in that sense)
We are not controlling the inflation rate (it is fixed right now), but we will be able to adjust it in the future.
We CAN control the investment pool growth, but that is limited by the size of the market, which is small.

(Demand rate + Investment Pool Growth) - (Supply Rate + Inflation Rate)




If you cannot wait for those factors to come into equilibrium, then you should sell cheap and invest in a one of the many alternative coins, and hope you'll be as successful.

The price will rise, im not worried about that.

LOL, right!

Thoose machines mining scrypt and when they came out all crypto change in keccak or scrypt-jane.

Aniway, my aircoins today drop again.... 0,00171.

What's up?

Aircoin Team -- Scrypt ASIC miners are right around the corner... they launch in quarter 2 or quarter 3 which means that the companies are probably running them right now before public release. Something must be done, Will the team change alorithm's within the coin ? Is this possible ?

As Alcurex is currently not an actual exchange (still in IPO stages, no exchange interface) we cannot add it to our list of qualified exchanges and would discourage adding AIR to the exchange.

However, we'll keep a very close eye on it in the future to see how it develops, and stay in contact with the company.

Vote for AIR in alcurex

https://bitcointalk.org/index.php?topic=458732.480
https://bitcointalk.org/index.php?topic=458732.480
https://bitcointalk.org/index.php?topic=458732.480
https://bitcointalk.org/index.php?topic=458732.480

Aniway, i'm going to sell my 130 AIRCOIN.

If someone's interest.....

Moving to some other coin with my rig.

Well, will be too late at the end of the year.
If you want to invest you have to do it now!!

Cause within months cames out the first scrypt dedicated machines with more than 100kh of mining power.

So,then they will kill every little miner, or if you want to invest you can spend thousands of usd right now and pre-order them.

That's my opinion.