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Topic: [ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast - page 267. (Read 542277 times)

sr. member
Activity: 382
Merit: 256

Next:     742HVC  (averaged 292 votes)

Vote lower people...  and sit on your hands too...  SERIOUSLY!    Cool

Voting 1


A low vote means that the IPO investors will make more profit and the miner less.

No... Just no!
My vote is 1024.

Buy some coins now while they're low in price, then vote 0. Rarer coin will go up in value.
newbie
Activity: 58
Merit: 0
This.

It's like most miners don't understand basic maths. They keep thinking "durr if we make less coins, it's worth more''... well, no, it doesn't really work that way right now. You're just making it an IPO'ers dream market. Derp.

It is because of the IPO that you will have a chance to sell your freshly mined HVC at decent rates to begin with...  why would you want a devaluation to take place?!?!?    Huh

OK, apoligies for the "derp" comment. I've had a few beers so maybe my brain is being a little "off" right now.

The way i see it is, if we vote low right now, there's less coins on the market. Coins are near-impossible to get yet, due to only solo-mining being available. This means there's less coins on the market, less competition for the IPO'ers who are practically the only ones able to trade so far (aside from a handful of lucky miners).

Whereas if we vote HIGH, those "lucky" ones will bring more coins to the market and dilute the IPO-lead market. Though either way, i believe that low or high won't matter in the long run, unless we are swinging it back and forth weekly/monthly to our advantage. My 'vote high' is just my reasoning for the present time. Kind of in line with the guy above who said "first let's get more coins"... just my thoughts on how to bring the market in to a more miner-favouring state.

As i said, i've been hitting the beers, so i freely admit that my logic may be flawed right now. In which case, feel free to educate me.  Tongue
sr. member
Activity: 382
Merit: 256

Next:     742HVC  (averaged 292 votes)

Vote lower people...  and sit on your hands too...  SERIOUSLY!    Cool

Voting 1


Voting 1 also, make the coin more rarer, and thus more valuable.
legendary
Activity: 896
Merit: 1001
Why are people selling now? That is the most idiotic thing to do, you're selling a coin that actually has innovation and security and will be worth at least 3x more in a week once everything settles

What's the innovation?  CPU only?  We'll see how long that lasts.
member
Activity: 77
Merit: 10
member
Activity: 114
Merit: 10
[2014-03-08 20:59:18] DEBUG: got new work in 1 ms
and don't change

"hashespersec" : 19584,

Patience.  Wait a couple of weeks, if you see "yay!!!", you found a block.


so, it's works? i think i see mining speed in kh....
i don't see new mesages line got new work again..

it's okay? it's my first linux minerd start
legendary
Activity: 1708
Merit: 1000
Reality is stranger than fiction
Why are people selling now? That is the most idiotic thing to do, you're selling a coin that actually has innovation and security and will be worth at least 3x more in a week once everything settles

Exactly. I'm not selling under 1$ / HVC
sr. member
Activity: 420
Merit: 250
Bayern
Why are people selling now? That is the most idiotic thing to do, you're selling a coin that actually has innovation and security and will be worth at least 3x more in a week once everything settles
sr. member
Activity: 336
Merit: 250
[2014-03-08 20:59:18] DEBUG: got new work in 1 ms
and don't change

"hashespersec" : 19584,

Patience.  Wait a couple of weeks, if you see "yay!!!", you found a block.
sr. member
Activity: 350
Merit: 250
Next:     742HVC  (averaged 292 votes)

Vote lower people...  and sit on your hands too...  SERIOUSLY!    Cool
Voting 1

A low vote means that the IPO investors will make more profit and the miner less.

No... Just no!
My vote is 1024.

It is obvious that you have NOT realized that miners will soon own more HVC than the IPO investors.

Then we will vote for 1. But lets first get more coins
sr. member
Activity: 420
Merit: 250
Bayern
Next:     742HVC  (averaged 292 votes)

Vote lower people...  and sit on your hands too...  SERIOUSLY!    Cool
Voting 1

A low vote means that the IPO investors will make more profit and the miner less.

No... Just no!
My vote is 1024.

It is obvious that you have NOT realized that miners will soon own more HVC than the IPO investors.

EXACTLY! Voting 1 gives the little guys an advantage
member
Activity: 114
Merit: 10
root@smos-1:~/Downloads/cpuminer-heavycoin# ./minerd --algo=heavy --url=http://192.168.0.33:7202 --userpass=root:donate --vote=1024 --debug
[2014-03-08 20:59:18] Binding thread 0 to cpu 0
[2014-03-08 20:59:18] 4 miner threads started, using 'heavy' algorithm.
[2014-03-08 20:59:18] Binding thread 1 to cpu 1
[2014-03-08 20:59:18] Binding thread 3 to cpu 3
[2014-03-08 20:59:18] Binding thread 2 to cpu 2
[2014-03-08 20:59:18] DEBUG: got new work in 2 ms
[2014-03-08 20:59:18] DEBUG: got new work in 0 ms
[2014-03-08 20:59:18] DEBUG: got new work in 0 ms
[2014-03-08 20:59:18] DEBUG: got new work in 1 ms

and don't change


{
"blocks" : 303,
"currentblocksize" : 1192,
"currentblocktx" : 1,
"difficulty" : 12.68332732,
"reward" : 657,
"vote" : 1024,
"errors" : "",
"generate" : true,
"genproclimit" : 3,
"hashespersec" : 19584,
"pooledtx" : 1,
"testnet" : false
full member
Activity: 196
Merit: 100
Just a hint, IPO investors better dump while the dumping is good. This launch with no win miner FUBARed the coin.
Good Luck. me and my CPU's are leaving this train wreck and finding greener pastures. Do better mining fucking Quarks than this shitcoin.

waltsmith
member
Activity: 98
Merit: 10
I vote 1 block till all pools are completely functional

Just remember your votes don't count unless you actually found a block. Only those who found a block can vote which is why this is very unfavorable to smaller miners. The whole "decentralized" theme & purpose of the coin is just a myth
legendary
Activity: 1708
Merit: 1000
Reality is stranger than fiction
I vote 1 block till all pools are completely functional
newbie
Activity: 58
Merit: 0

Next:     742HVC  (averaged 292 votes)

Vote lower people...  and sit on your hands too...  SERIOUSLY!    Cool

Voting 1


A low vote means that the IPO investors will make more profit and the miner less.

No... Just no!
My vote is 1024.

This.

It's like most miners don't understand basic maths. They keep thinking "durr if we make less coins, it's worth more''... well, no, it doesn't really work that way right now. You're just making it an IPO'ers dream market. Derp.
member
Activity: 98
Merit: 10

Next:     742HVC  (averaged 292 votes)

Vote lower people...  and sit on your hands too...  SERIOUSLY!    Cool

Voting 1


A low vote means that the IPO investors will make more profit and the miner less.

No... Just no!
My vote is 1024.

Wrong. A higher block means that only those with the highest hashing power will have the chance of finding a block. A lower block size is beneficial to the miners and to investors.
legendary
Activity: 1708
Merit: 1000
Reality is stranger than fiction
How can I run the windows qt without mining at all? I want my CPU to be free
member
Activity: 90
Merit: 10
sr. member
Activity: 518
Merit: 250

Next:     742HVC  (averaged 292 votes)

Vote lower people...  and sit on your hands too...  SERIOUSLY!    Cool

Voting 1


A low vote means that the IPO investors will make more profit and the miner less.

No... Just no!
My vote is 1024.
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