What's the point of this coin? It's destiny is to be mined by server farms and botnets and it's selling point is ....
I realize asking for a "point" to an alt these days is like asking why unicorns are usually white, but this seems more useless than YAC.
Topic: [ANN] [QRK] Quark | Core 0.10 upgrade - page 435. (Read 1031025 times)
Naw. He's partially correct. When the average user can't mine any more it's dead.
At least until a decent difficulty change down.
At least until a decent difficulty change down.
That simply highlights a deeper problem, for example it seems to be based on an idea that coins are pyramid/ponzi schemes that exist only so that miners can scam people out of wealth/valuables.
You consider a pyramid/ponzi dead when normal people cannot participate in keeping it running on a technical level, it seems.
Thus basically you seem to be speaking of already dead from the outset, by design and intent, scams not really about currency directly at all, coins are merely a prop the particular scam happens to be using.
Average users have supposedly already have been finding bitcoin impractical or uneconomic to mine but that does not mean bitcoin is dead, it merely seems to have caused GPU miners to embark upon a huge and possibly "endless'" binge of scams as an alternative to facing the basic economic fact of mining which is that profits tend toward zero and should do so if markets are efficient.
One might as well say "inefficient miner" instead of "average user".
But when inefficient miners cannot mine anymore that only means this kind of scam might hopefully start toward death it really isn't an issue with bitcoin only with the constantly spawning scams.
-MarkM-
@cryptohunter
crap talk, ppl sold 1000 per 1xpm! thats like 16k for ~4-5LTC
crap talk, ppl sold 1000 per 1xpm! thats like 16k for ~4-5LTC
stfu with your crap talk, i saw the thread 16k for 0.1LTC
people giving away 1000 on here for free.
So you insta mined some of this shite, don't come here with your lies trying to pump this turd.
Are you INSANE or what!
I sold 47 000 for 40XPM you have the info in my rep post... and I sold it fast!
what part of you were able to flog your coins for that, makes the FACT i saw a thread 16k for 0.1 incorrect or that i am insane.
Yes, now the diff has rocketed you get the usual panic that people cant mine and want to buy some coins for silly money.
What i am saying is that the people that mined at 0.0000000000000 diff have 100's of thousands of these coins and everyone else except botnets and vps clusters are going to get fuck all. Hence the shit diff design realeasing with no announcement at 0.0000000000 dif is mad. This is instamining.
@cryptohunter
crap talk, ppl sold 1000 per 1xpm! thats like 16k for ~4-5LTC
crap talk, ppl sold 1000 per 1xpm! thats like 16k for ~4-5LTC
stfu with your crap talk, i saw the thread 16k for 0.1LTC
people giving away 1000 on here for free.
So you insta mined some of this shite, don't come here with your lies trying to pump this turd.
Are you INSANE or what!
I sold 47 000 for 40XPM you have the info in my rep post... and I sold it fast!
@cryptohunter
crap talk, ppl sold 1000 per 1xpm! thats like 16k for ~4-5LTC
crap talk, ppl sold 1000 per 1xpm! thats like 16k for ~4-5LTC
stfu with your crap talk, i saw the thread 16k for 0.1LTC
people giving away 1000 on here for free.
So you insta mined some of this shite, don't come here with your lies trying to pump this turd.
@cryptohunter
crap talk, ppl sold 1000 per 1xpm! thats like 16k for ~4-5LTC
crap talk, ppl sold 1000 per 1xpm! thats like 16k for ~4-5LTC
Yeah a starting difficulty of 2 might work for an extremely unpopular coin most people are determined not to mine, but for the usual launches around here it looked like maybe starting at 5 might be needed to hope to maybe not zoom through blocks many times faster than the target time.
(It only took one and a half hours to reach 5, it seemed, despite maybe not doing a retarget per block thus maybe being slower to get to 5 than it could have been had it had extremely fast retargets?)
-MarkM-
(It only took one and a half hours to reach 5, it seemed, despite maybe not doing a retarget per block thus maybe being slower to get to 5 than it could have been had it had extremely fast retargets?)
-MarkM-
I can mine just fine with only one computer. 4 blocks in 2 hours (didn't mine before).
Ooops, some liars trying to get less people to mine got caught!
Ooops, some liars trying to get less people to mine got caught!
thats good but some people got 200 blocks in an hour or so just a few hours ago. This was instamined and now pretty pointless to mine since those will dump as soon as it hits an exchange and if you just have a few blocks they will be worth nothing much.
some were selling 16k of this for 0.1 ltc. That shows how much the first folks got.
The diff was not well thought out and the release was not announced and now the vps and botnets are raping it. Starting at 0.00000000000000000 dif and on 79 already? yeah i'd saying coming in now is way too late unless you have a botnet ready and fired up.
I dumped a privkey and tried to import it on my main wallet but it never showed. what gives?
Using my i5 I have got 3 blocks in the last 2 hours, this coin is still accessible to mainstream desktop cpu's
Naw. He's partially correct. When the average user can't mine any more it's dead.
At least until a decent difficulty change down.
At least until a decent difficulty change down.
this coin is officially dead.
so you are late and start to cry.... ccccc
out of reach of the home user might be a better way to put it. diff is now 81...
this coin is officially dead.
Diff @ 66 already? WTF?!?
CPU mining is the great equalizer, didn't you know?
Diff @ 66 already? WTF?!?
This could have been a good GPU resistant coin if the block interval was longer.
Was this a fair launch or was the difficulty set low so people who mined in the first hour got a silly amount of coins?
I started mining this when it was less than 0.01. Orphans, orphans,...
Was this a fair launch or was the difficulty set low so people who mined in the first hour got a silly amount of coins?
It was low, but diff retarget is only 50 blocks so it went up fast
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