Topic: [ANN] [COINO] The Coin(O) Community Discussion thread - page 32. (Read 70414 times)

This is interesting. I remember smcardle mentioning that he is working on a dedicated exchange for Coino that will be based in New Zealand. Not sure if it will involve exchanging coino for fiat.

This new exchange could be something we need. The goal is to make coino accessible to many people and I think having the capability of directly exchanging fiat to coino will help that.

Would definitely like to hear what the devs think about this.  Let's have a discussion and consider this as a community. Like XZed said, let's not miss a potentially good opportunity.

Glad to hear from you. Well I am also in this coin for a long term, but yes it keeps investors like me satisfied that something is going on and also the new investors who read the thread. I don't want devs to post everyday as I can understand that you also have real jobs. Best of luck for the work you guys are doing, it will be good if you can update the community as well.

Regards Vipin

Hey guys,

What RichardT is saying is generally the same opinion as the Coin(O) team:
- We do not try to make exact schedules, as we do this in our freetime, and cannot guarantee anything
- It's impossible to post daily news. Or at least they would be super boring, such as "still working on the same thing as yesterday"

We do not want to give any false hope and/or expectations, and this is definitely a long term project.

So is Coin(O) about to die? No, it's about to get alive - but we depend on you, the miners, to keep us going strong!


By the way, I am interesting in hearing a little about you guys:
- Do you use dedicated rigs?
- Which OS does your rig run?
- Which GPU do you use?
- Which miner do you use?

Continuously updating and posting stuff on this thread without actual results is not good in my opinion.  Updates will come as new features are added after they are developed and tested.  The thing I like most about this coin is that the new community devs are very professional about it.  They don't seem like the type to post random crap and give the community false hope.

Speaking of false hope, I also don't mean to give you false hope with my posts.  I'm not a part of the dev team and these are just my speculations.  I'm sorry to hear about your investment, but of course, no one is forcing you to stick with Coino.  The choice is yours if you want to leave or stick with it.  As we all know, investments are unpredictable at times.

I hope for that as I have invested a lot in this coin. Now its been almost 6 months since it was launched and more than two months since Community Devs took over, thread is also very quite. Before there were continuous updates but now this has also stopped. I hope the devs are working in the background otherwise it will be a huge blow for me.

Coino only dies when the devs give up on it and no one supports it.  I think we're far from that.  There are a lot of things at work in the background.  It'll just take time.

Coin(O) is dying slowly.

Recover and come back when you can .

Sorry to hear that. I hope you are fine. Good to have you back again.

Oh man, sorry to hear that.  Glad you are okay now

Hi People.

I must apologise for being away for so long.

I went on a little get away and had a rather nasty accident which incapacitated me for a couple of weeks.

However, I have now been given the all clear and will be getting back to things slowly over the next week.

I have a lot to catch up on with Coin(O) and will be addressing these in the best timely fashion I can.
What I would most like to get across is that development around Coin(O) will be continuing


Good to be back so hopefully see you around here and in IRC

Cool, thanks!

To all the pool owners:

Thanks for showing us your support, it's cool to see so many pools advertising!


Hamsterer:

A small request - can you change CON into COINO? We are trying to change the shortname on pools/exhanges

I'm still mining this coin on dedicatedpool. 

smcardle is indeed busy - everyone in the team has fulltime jobs, and no, it's (sad as it is), not a fulltime Coino job
So while we are trying to keep the forum active, we cannot guarantee daily news, so don't be scared off due to a little inactivity



That is exactly what I am thinking - give gamers a reason to mine with their gaming rig, when they are not playing. That will give us a lot of more players (pun intended ) and we can hopefully get some more trading going on.
My vision if that the gamers will either be able to directly use their coins, or by using a market to exchange their coins - not limited to only exchanging between crypto coins.  I'm thinking like, exchange Coino into let's say pre-purchase Steam cards, so they can "mine new games", wouldn't that be cool? I know this is already possible for some other coins, and most definitely something we will want too.




At an early point of the takeover we voted for a change of algorithm, and most voted no.

I would like to hear smcardle and bgades views on making a vote, after we have reviewed some cons and pros. People shouldn't be voting for something they don't know what means, so we have to keep people informed about such.

It seems like smcardle is quite busy, not heard from him in many days .

Hey Folks looks like Coin(O) is also on the european exchange:

https://www.europex.eu/#!coin/btc/coino

In addition to:

https://www.swisscex.com/market/CON_BTC

Changing the algorithm to SHA256 for which you can already get cheap ASIC is fairly good.

However, I believe that scrypt has a much broader audience compared to SHA256 as it makes sense to use your GPU (or even CPU), which everyone has.
That is not the case for SHA256, where you are forced to buy some ASIC equipment to even get started.

I don't believe that all people who are new to mining will want to invest in dedicated mining equipment, for several reasons.
- Some people simply can't afford to buy mining equipment due to their budget
- In case they loose interest in mining, their equipment is worthless to them, and the only option is to sell it (likely for a loss)

I believe that the kind of people who will be the first to start mining, are those who are at least slightly techy.
Mining is definitely not for everyone just yet.
Therefore I'm guessing that cryptos main audience are gamers and geeks, and they are already equipped with mining equipment, which makes it higher likely they will gain interest in mining and actually start doing it, as all they have to do is download some software and create an account at a pool, if not using a p2pool which pays out directly into their (online? ) wallet.

As earlier stated, mining is not for everyone, and I think that there are 3 primary groups of miners:
- Geeks
- Gamers
- Financial people/investors

I think that 2 groups are dominating of the 3 mining groups:
- Geeks
- Financial people/investors

The largest group of ASIC owners will most definitely be the financial people/investors.

So far gamers doesn't have the big reason to be mining, but as Coino will be integrated into several groups of platforms - including gaming platforms, I believe that gamers will be more interested in mining Coino later on.

I agree that changing to anything else than scrypt and SHA256 (all of the current algoritms that is supported by ASIC) is simply buying time, but I think that will give a more fair start, rather than having investors mining all of the coins. Also, when the gamers learn of ASIC's, that will definitely scare them off and might go for other coins for which you cannot get ASICs.

One of Coino's goals is to attract new miners - not just getting current miners to switch to another coin.

The final end of changing to new algorithms to fight ASICs will be when ASIC is so mainstream that an algorithm switch vote would fail.
We do not have plans about staying completely ASIC free, as ASIC is definitely the future, as they are much more (power) efficient.

It could even stop before that, if we switch algorithm now, it could also happen to be the only time.



I think it's a cool offer, I appreciate that.

Right know I don't believe that we are in need of marketing though, as we could mostly promote "to come" features, rather than actually having our services up and running - which I believe is the point where we should really start to promote the coin.