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Topic: [ANN] [BLTZ] [IPO Hybrid] BlitzCoin | proof of concept coin | pure speculative - page 29. (Read 200984 times)
March 31, 2014, 05:46:54 PM
March 31, 2014, 03:00:07 PM
i'm voting every hour
March 31, 2014, 01:26:36 PM
March 31, 2014, 01:14:45 PM
vote for mintpal: https://www.mintpal.com/voting
March 31, 2014, 12:33:53 PM
Did anybody get their IPO coins yet? 
The Dev has been ignoring my messages regarding my coins.
The Dev has been ignoring my messages regarding my coins.
March 31, 2014, 12:16:38 PM
+1+1+1+1 
March 31, 2014, 11:46:03 AM
Hello
just two question.
there will he a POS system in the future on this coin?
If not how the money will keep the smooth and fast transaction?
just two question.
there will he a POS system in the future on this coin?
If not how the money will keep the smooth and fast transaction?
Hey
1.) afaik - no
2.) quote from op: "After mining for rewards the network will be secured with several CPU miners, enough to secure and insure transactions. "
there is also the idea of a multipool: https://bitcointalksearch.org/topic/m.5952954
2423 Blocks left go miner go ....
cheers
So the 5 cents per block will keep enough people mining to prevent a 51% attacK?
i already pm'd the dev about this
March 31, 2014, 11:06:43 AM
Hello
just two question.
there will he a POS system in the future on this coin?
If not how the money will keep the smooth and fast transaction?
just two question.
there will he a POS system in the future on this coin?
If not how the money will keep the smooth and fast transaction?
Hey
1.) afaik - no
2.) quote from op: "After mining for rewards the network will be secured with several CPU miners, enough to secure and insure transactions. "
there is also the idea of a multipool: https://bitcointalksearch.org/topic/m.5952954
2423 Blocks left go miner go ....
cheers
So the 5 cents per block will keep enough people mining to prevent a 51% attacK?
March 31, 2014, 11:02:25 AM
what can we do to push up the price? its sitting at 0.00000042 on coinano right now...
March 31, 2014, 10:47:19 AM
Hello
just two question.
there will he a POS system in the future on this coin?
If not how the money will keep the smooth and fast transaction?
just two question.
there will he a POS system in the future on this coin?
If not how the money will keep the smooth and fast transaction?
Hey
1.) afaik - no
2.) quote from op: "After mining for rewards the network will be secured with several CPU miners, enough to secure and insure transactions. "
there is also the idea of a multipool: https://bitcointalksearch.org/topic/m.5952954
2423 Blocks left go miner go ....
cheers
ok I understand.
Thank you for the quick reply
March 31, 2014, 10:42:22 AM
I have been working on the idea of a multipool to drive some interest to the coin after the mining phase is over this should of course increase the value of the coin.
A more challenging problem is to find a way of using the multipool as a medium to secure the network without affecting its profitability too much from the point of view of the users, some alternatives:
If there is some interest from people to operate the pool I might give it a spin and release it as an open source project, since I have no problem developing it but don't have the time to operate it myself.
Also I am a backend developer so graphic/web designers are also welcomed to help.
What do you guys think ?.
A more challenging problem is to find a way of using the multipool as a medium to secure the network without affecting its profitability too much from the point of view of the users, some alternatives:
- Redirect 1% of the hashrate to blitzcoin and charge 1% as administration fee, since most of the multipools charge 2% as an administration fee this would be competitive. This approach is quite simple for the user but is not really secure if there is only one multipool, this approach would work only if there are multiple multipools working the same way but it could be a waste of resources if the hahsrate is too high and the network could be secured with much less than that.
- The second alternative is to have a pool that disconnect miners X minutes after Y number of hours, and encouraging the users to use a failover to solo mine or use a pool that are mining blitz. Of course the problem with this is that the users must be honest about it and use the "down time" to secure the network, instead of mining some other more profitable coin but if they are interested in the multipool it means that they are somehow interested in the coin success so they should have the incentive to do it. The challenge is to make the pool profitable even taking into account this downtimes and also to find the correct parameters for X and Y.
If there is some interest from people to operate the pool I might give it a spin and release it as an open source project, since I have no problem developing it but don't have the time to operate it myself.
Also I am a backend developer so graphic/web designers are also welcomed to help.
What do you guys think ?.
I'm interested in the design/web development portion of this. Are you still interested in the project?
March 31, 2014, 10:26:40 AM
Hello
just two question.
there will he a POS system in the future on this coin?
If not how the money will keep the smooth and fast transaction?
just two question.
there will he a POS system in the future on this coin?
If not how the money will keep the smooth and fast transaction?
Hey
1.) afaik - no
2.) quote from op: "After mining for rewards the network will be secured with several CPU miners, enough to secure and insure transactions. "
there is also the idea of a multipool: https://bitcointalksearch.org/topic/m.5952954
2423 Blocks left go miner go ....
cheers
March 31, 2014, 10:12:02 AM
Hello
just two question.
there will he a POS system in the future on this coin?
If not how the money will keep the smooth and fast transaction?
just two question.
there will he a POS system in the future on this coin?
If not how the money will keep the smooth and fast transaction?
March 31, 2014, 09:37:40 AM
March 31, 2014, 09:09:47 AM
please vote and ask ur usual exchange to list blitz
https://www.cryptoaltex.com/index.php?page=newcoin
https://www.mintpal.com/voting
and join IRC on freenode #blitzcoin
If you don't want this coin to be "pure" speculative (as every other coin in fact), come and help us finding some way to help the whole project !
cheers guys
https://www.cryptoaltex.com/index.php?page=newcoin
https://www.mintpal.com/voting
and join IRC on freenode #blitzcoin
If you don't want this coin to be "pure" speculative (as every other coin in fact), come and help us finding some way to help the whole project !
cheers guys
Please Keep Voting in MINTPAL ALSO YOU Check this out ..Community-Donated GA ... http://altcoingiveaways.com/index.php?topic=1366.msg25055#msg25055
March 31, 2014, 07:26:39 AM
support our first application for community manager
https://bitcointalksearch.org/topic/blitzcoinapplication-community-leader-zerocontrol-551331
and try to donate a bit to help us achieve some nice projects behind blitz
https://bitcointalksearch.org/topic/blitzcoinapplication-community-leader-zerocontrol-551331
and try to donate a bit to help us achieve some nice projects behind blitz
March 31, 2014, 07:17:19 AM
please vote and ask ur usual exchange to list blitz
https://www.cryptoaltex.com/index.php?page=newcoin
https://www.mintpal.com/voting
and join IRC on freenode #blitzcoin
If you don't want this coin to be "pure" speculative (as every other coin in fact), come and help us finding some way to help the whole project !
cheers guys
https://www.cryptoaltex.com/index.php?page=newcoin
https://www.mintpal.com/voting
and join IRC on freenode #blitzcoin
If you don't want this coin to be "pure" speculative (as every other coin in fact), come and help us finding some way to help the whole project !
cheers guys
March 31, 2014, 07:08:05 AM
I can see a price drop a few days after mining, people get inpatient and start to dump,then price will prob level off for a week,and boom,we all like this coin because once the mining stops,no more coins,and its prime for a pump and dump,and lets face it will all just want to make a days wage 
Never imagine boom scenario in the present environment.
Mine it and dump it.
It's the only way.
and they'll dump on people who have patience.
I have patience !
Patience is a big fortune. You and us who are patitent and can conquer fear on crash will smile in the future.
The hash power has decreased from 10+Gh/s to the present 4GH/s and is still decreasing.
And the good news is I can mine more coins with the same hash power.
A question:
when will the mining phase end exactly?
now we're @ ~ 7380
March 31, 2014, 07:06:37 AM
I can see a price drop a few days after mining, people get inpatient and start to dump,then price will prob level off for a week,and boom,we all like this coin because once the mining stops,no more coins,and its prime for a pump and dump,and lets face it will all just want to make a days wage
Never imagine boom scenario in the present environment.
Mine it and dump it.
It's the only way.
and they'll dump on people who have patience.
I have patience !
Patience is a big fortune. You and us who are patitent and can conquer fear on crash will smile in the future.
The hash power has decreased from 10+Gh/s to the present 4GH/s and is still decreasing.
And the good news is I can mine more coins with the same hash power.
A question:
when will the mining phase end exactly?
March 31, 2014, 07:06:04 AM
Never imagine boom scenario in the present environment.
Mine it and dump it.
It's the only way.
And that is why we have this scenario from all of the dump and run miners that sell any mined coins at any price since they missed the BTC train and they think the only purpose of any new coin is to be dumped for BTC. All that does is devalue BTC and bring down the whole crypto coins scene. It is the miners themselves that are killing the value of BTC making it a race to the bottom.
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