[ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast - page 81.

gpools

sr. member

Activity: 364

Merit: 250

Quote from: ?? on ??

Quote from: SimkoMiner on April 08, 2014, 12:18:46 PM

Quote from: ?? on ??

btc is about to drop another 30% next week (china ban on 15th, coinciding with ema death cross on weekly charts). could be even 50% over next two months

So is it already more or less certain that BTC will be banned in China on 15th?

pboc (chinese central bank) is closing a loophole exchanges have been exploiting for a few months. chinese have been desperately trying to pump the whole last week in preparation for dumps (to fill the orderbooks)

u think if china ban bitcoin we dead? lol Grin

SimkoMiner

hero member

Activity: 925

Merit: 1000

Quote from: ?? on ??

Quote from: SimkoMiner on April 08, 2014, 12:18:46 PM

Quote from: ?? on ??

btc is about to drop another 30% next week (china ban on 15th, coinciding with ema death cross on weekly charts). could be even 50% over next two months

So is it already more or less certain that BTC will be banned in China on 15th?

pboc (chinese central bank) is closing a loophole exchanges have been exploiting for a few months. chinese have been desperately trying to pump the whole last week in preparation for dumps (to fill the orderbooks)

So if I plan to buy BTC in next days, I rather wait for 15th to see what happens, right?

I though that 330EUR/BTC is good price although I bought some Satoshis also for 315EUR last week.

SimkoMiner

hero member

Activity: 925

Merit: 1000

Quote from: ?? on ??

btc is about to drop another 30% next week (china ban on 15th, coinciding with ema death cross on weekly charts). could be even 50% over next two months

So is it already more or less certain that BTC will be banned in China on 15th?

SimkoMiner

hero member

Activity: 925

Merit: 1000

Quote from: ?? on ??

Quote from: SimkoMiner on April 08, 2014, 05:46:14 AM

Any idea when HVC price stops dropping, maybe when BTC recovers? Gpools, are you still holding like a boss? :-) Cause once you start dumping we'll be all doomed.

he cannot dump there's not enough liquidity on any exchange even for a third of his holdings, he's a bagholder.
when trading never get yourself in a situation with no way out.

btc is about to drop another 30% next week (china ban on 15th, coinciding with ema death cross on weekly charts). could be even 50% over next two months

So is it already more or less certain that BTC will be banned in China?

ibinsad

sr. member

Activity: 616

Merit: 250

just VOTE = 1 !!!

cryptomines

full member

Activity: 126

Merit: 100

Quote from: dzonikg28 on April 08, 2014, 11:15:07 AM

Quote from: cryptomines on April 08, 2014, 11:13:09 AM

Most miners are still using the default vote of 512, if they were voting higher we would see much higher block rewards.

HVC not a lost cause at all, its just getting started. This coin is a GPU miners dream, It is the best contender when scrypt-asic take over scrypt.

It's voting feature is one-of-a-kind and as such people need to be informed about its purpose. Even if we cant get people to change their vote before the end of the mint phase, they will have to actually change their vote for the limit phase. This coin will get extremely interesting at that point. But I don't see any reason the community can't get miners to pay more attention to the votes.

i thing deffault should be 1 ..not 512.

i agree, so lets make some noise and get people to vote!!

dzonikg28

hero member

Activity: 1106

Merit: 508

Bisq Market Day - March 20th 2023

Quote from: cryptomines on April 08, 2014, 11:13:09 AM

Most miners are still using the default vote of 512, if they were voting higher we would see much higher block rewards.

HVC not a lost cause at all, its just getting started. This coin is a GPU miners dream, It is the best contender when scrypt-asic take over scrypt.

It's voting feature is one-of-a-kind and as such people need to be informed about its purpose. Even if we cant get people to change their vote before the end of the mint phase, they will have to actually change their vote for the limit phase. This coin will get extremely interesting at that point. But I don't see any reason the community can't get miners to pay more attention to the votes.

i thing deffault should be 1 ..not 512.

dzonikg28

hero member

Activity: 1106

Merit: 508

Bisq Market Day - March 20th 2023

Quote from: kuperis on April 08, 2014, 11:08:14 AM

Quote from: dzonikg28 on April 08, 2014, 10:59:19 AM

Quote from: kuperis on April 08, 2014, 10:51:22 AM

Quote from: dzonikg28 on April 08, 2014, 10:29:11 AM

so..mint phase would end with this tempo in 2 months + limt 56 days = 4 months

85 days is not 2 months.
and in last sustain stage that could last decades and there can be more to mine than bitcoins.

Yes ..by why would gpy miners went to mine something that is 90% mine in 5 months and 10% left to mine for 20 years?You all know that ASIC for script is giant oportunitu to some other coin rise becaues army of gpy miners would have to move but with this inflation it will miss it...but i still thing price will rise because now is still cheap.

by yours logical sequence all coins just worth start mine early and dump and move on next, no point to develop any coin.. by same logic BTC miners who buys ASIC already missed gain mney from BTC, they on wron rail...
eh...
they not gonna miss nothing is this coin gains value.
anyway there is individual choise what u do with this coin, MINE - BUY ir HATE and DUMP.. time gonna show who was winner haters, trolls and instadumper or who was mining and holding and their who was buying.

disc. im mining, buying and holdingfor the future

you just understand off what i talk..and did not sold one single HVC ..just inflation is ridilous and that will hurt the price and in long run after 4-5 months some other gpy coin will have much bigger network ..no one will want to mine coin that is 90% mined in such short time.

cryptomines

full member

Activity: 126

Merit: 100

Most miners are still using the default vote of 512, if they were voting higher we would see much higher block rewards.

HVC not a lost cause at all, its just getting started. This coin is a GPU miners dream, It is the best contender when scrypt-asic take over scrypt.

It's voting feature is one-of-a-kind and as such people need to be informed about its purpose. Even if we cant get people to change their vote before the end of the mint phase, they will have to actually change their vote for the limit phase. This coin will get extremely interesting at that point. But I don't see any reason the community can't get miners to pay more attention to the votes.

kuperis

sr. member

Activity: 357

Merit: 250

Quote from: dzonikg28 on April 08, 2014, 10:59:19 AM

Quote from: kuperis on April 08, 2014, 10:51:22 AM

Quote from: dzonikg28 on April 08, 2014, 10:29:11 AM

so..mint phase would end with this tempo in 2 months + limt 56 days = 4 months

85 days is not 2 months.
and in last sustain stage that could last decades and there can be more to mine than bitcoins.

Yes ..by why would gpy miners went to mine something that is 90% mine in 5 months and 10% left to mine for 20 years?You all know that ASIC for script is giant oportunitu to some other coin rise becaues army of gpy miners would have to move but with this inflation it will miss it...but i still thing price will rise because now is still cheap.

by yours logical sequence all coins just worth start mine early and dump and move on next, no point to develop any coin.. by same logic BTC miners who buys ASIC already missed gain mney from BTC, they on wron rail...
eh...
they not gonna miss nothing is this coin gains value.
anyway there is individual choise what u do with this coin, MINE - BUY ir HATE and DUMP.. time gonna show who was winner haters, trolls and instadumper or who was mining and holding and their who was buying.

disc. im mining, buying and holdingfor the future

incin

full member

Activity: 140

Merit: 100

Quote from: dzonikg28 on April 08, 2014, 10:59:19 AM

Quote from: kuperis on April 08, 2014, 10:51:22 AM

Quote from: dzonikg28 on April 08, 2014, 10:29:11 AM

so..mint phase would end with this tempo in 2 months + limt 56 days = 4 months

85 days is not 2 months.
and in last sustain stage that could last decades and there can be more to mine than bitcoins.

Yes ..by why would gpy miners went to mine something that is 90% mine in 5 months and 10% left to mine for 20 years?You all know that ASIC for script is giant oportunitu to some other coin rise becaues army of gpy miners would have to move but with this inflation it will miss it...but i still thing price will rise because now is still cheap...but if it was normal inflation like litecoin ,darkcoin or bitcoin prise could easily went 100 times more when gpu miners migrate..

Profitability.

dzonikg28

hero member

Activity: 1106

Merit: 508

Bisq Market Day - March 20th 2023

Quote from: kuperis on April 08, 2014, 10:51:22 AM

Quote from: dzonikg28 on April 08, 2014, 10:29:11 AM

so..mint phase would end with this tempo in 2 months + limt 56 days = 4 months

85 days is not 2 months.
and in last sustain stage that could last decades and there can be more to mine than bitcoins.

Yes ..by why would gpy miners went to mine something that is 90% mine in 5 months and 10% left to mine for 20 years?You all know that ASIC for script is giant oportunitu to some other coin rise becaues army of gpy miners would have to move but with this inflation it will miss it...but i still thing price will rise because now is still cheap...but if it was normal inflation like litecoin ,darkcoin or bitcoin prise could easily went 100 times more when gpu miners migrate..

e6ug

hero member

Activity: 773

Merit: 508

Bitcore (BTX) - The Future is Now

Quote from: dzonikg28 on April 08, 2014, 08:54:51 AM

Quote from: griffinriz on April 08, 2014, 08:50:44 AM

Dev can just drop the Maxmimum Vote to 90 and everything will be okay,but than alot of people will not be happy,you cant make happy all people all the time.

with this inflation coin will be dead soon and they will have lot off worhtless coins.Only serious coins now are bitcoin and litecoins and they will be mine until year 2140..and this want be mined and 1/2 year ..

so you are saying hvc is a lost cause? i liked the idea of implementing in the game currency. i could donate some.

kuperis

sr. member

Activity: 357

Merit: 250

Quote from: dzonikg28 on April 08, 2014, 10:29:11 AM

so..mint phase would end with this tempo in 2 months + limt 56 days = 4 months

85 days is not 2 months.
and in last sustain stage that could last decades and there can be more to mine than bitcoins.

incin

full member

Activity: 140

Merit: 100

Quote from: dzonikg28 on April 08, 2014, 10:14:34 AM

Quote from: cryptomines on April 08, 2014, 09:28:11 AM

With the current vote being 553 I don't think many miners have changed the vote from the default -v 512. We don't need the devs to change anything, just need to raise awareness, the vote gives us control of money supply and mint rate if we can organize ourselves.

The coin won't be 90% mined at the end of the mint phase, We have a max potential coin supply of 128 million, it could be less than 50% mined at the end of the mint phase.

Limit phase last just 56 days so in 4 months 90% off coins will be mined..so u are missing giant oportunitu off zilion gpu miners who will have to migrate from script network in that time ....they will for shur not jump to a ship where 90% off coins are mined even this coin have best alg off all coins ..they will propablu went to long term coin like dark coin.

Not necessarily. Miners go where profit is, they likely could care less what total supply is left. If the coin at that point in time is more profitable than the others they will mine it. Miners also tend to look more at short term gains, fast ROI. Investors and merchants are the ones worried about longevity. Miners bring the coins to market and its a race, hence why they vote big. Mine as many as fast as possible and get paid for them (mine/dump/move on).

dzonikg28

hero member

Activity: 1106

Merit: 508

Bisq Market Day - March 20th 2023

so..mint phase would end with this tempo in 2 months + limt 56 days = 4 months

cryptomines

full member

Activity: 126

Merit: 100

Phase Duration

Mint
45,000,000 HVC    Votes affect the duration of the initial minting. The larger the block reward, the quicker the 45M coins will be awarded.    72 days to 25+ years
(depending on votes)    45,000,000 HVC
(fixed)

Limit
63,476 blocks    Votes affect the final money supply. The smaller the block reward, the smaller the supply. Maximum possible supply is 128M coins.    56 days
(fixed)    0 − 64,999,424 HVC
(depending on votes)

Sustain
10,000,576 coins    Votes affect the duration of the long−term sustainment of the network. The largest possible vote is reduced to 8.    4.7 years to 38+ years
(depending on votes)    10,000,576 HVC
(fixed)

Total supply
63,000,576 to 128,000,000 HVC
(depending on votes)

dzonikg28

hero member

Activity: 1106

Merit: 508

Bisq Market Day - March 20th 2023

Quote from: cryptomines on April 08, 2014, 09:28:11 AM

With the current vote being 553 I don't think many miners have changed the vote from the default -v 512. We don't need the devs to change anything, just need to raise awareness, the vote gives us control of money supply and mint rate if we can organize ourselves.

The coin won't be 90% mined at the end of the mint phase, We have a max potential coin supply of 128 million, it could be less than 50% mined at the end of the mint phase.

Limit phase last just 56 days so in 4 months 90% off coins will be mined..so u are missing giant oportunitu off zilion gpu miners who will have to migrate from script network in that time ....they will for shur not jump to a ship where 90% off coins are mined even this coin have best alg off all coins ..they will propablu went to long term coin like dark coin.

GeekMan

member

Activity: 84

Merit: 10

Quote from: griffinriz on April 08, 2014, 08:58:13 AM

Quote from: dzonikg28 on April 08, 2014, 08:54:51 AM

Quote from: griffinriz on April 08, 2014, 08:50:44 AM

Dev can just drop the Maxmimum Vote to 90 and everything will be okay,but than alot of people will not be happy,you cant make happy all people all the time.

with this inflation coin will be dead soon and they will have lot off worhtless coins.Only serious coins now are bitcoin and litecoins and they will be mine until year 2140..and this want be mined and 1/2 year ..

thats why i am saying drop the Maximum Vote from 1024 to 90 or even maybe less, but again Dev and community has to decide this.

What we need is the pools to distribute the CGMiner build with the vote already set at 1. I doubt very many miners even change the vote.

cryptomines

full member

Activity: 126

Merit: 100

With the current vote being 553 I don't think many miners have changed the vote from the default -v 512. We don't need the devs to change anything, just need to raise awareness, the vote gives us control of money supply and mint rate if we can organize ourselves.

The coin won't be 90% mined at the end of the mint phase, We have a max potential coin supply of 128 million, it could be less than 50% mined at the end of the mint phase.

Topic: [ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast - page 81. (Read 542276 times)