[ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 1149.

AnonymousEconomist

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Quote from: newuser01 on August 25, 2014, 03:53:00 AM

Quote from: akabane on August 25, 2014, 02:44:48 AM

Cutting down supply rate will be a clear proof of a dying coin full of bag holders waiting to dump.
I hope BURST will not take that way.

This

Do NOT cut the supply rate or max supply if you want this coin to live..

It's a desperation move.

What I would like to see is GPU plotting, that would make it easier for 'normal' users to mine.

I think a multipool would be best for GPU usage. Also boosts prices.

newuser01

sr. member

Activity: 434

Merit: 250

Quote from: akabane on August 25, 2014, 02:44:48 AM

Cutting down supply rate will be a clear proof of a dying coin full of bag holders waiting to dump.
I hope BURST will not take that way.

This

Do NOT cut the supply rate or max supply if you want this coin to live..

It's a desperation move.

What I would like to see is GPU plotting, that would make it easier for 'normal' users to mine.

CryptoSurfer

member

Activity: 84

Merit: 10

Quote from: burstcoin on August 25, 2014, 12:29:46 AM

Initial implementation of reward assignment for v2 pools is done. Will be testing and hopefully releasing client update tomorrow.

Great work dev.
Can't wait to switch my hdd's with my plots to the new pool.

SpeedDemon13

hero member

Activity: 518

Merit: 500

Only fair way I would see a reduction greater than 5% would be voting it and with the approval of the dev. Otherwise, 5% every month is equal to or more than 50% a year. I can see the incremental 5% would prevent wild swings in prices.

saamxx

hero member

Activity: 546

Merit: 503

Quote from: truckythin on August 25, 2014, 02:33:14 AM

where can i find the current difficulty, net hashrate ... like other coin? Huh

Part of info is here http://burst.cryptoport.io
And also inside client i.e.(NRS Version) item

akabane

member

Activity: 113

Merit: 10

Cutting down supply rate will be a clear proof of a dying coin full of bag holders waiting to dump.
I hope BURST will not take that way.

saamxx

hero member

Activity: 546

Merit: 503

Quote from: AnonymousEconomist on August 25, 2014, 02:33:10 AM

Quote from: saamxx on August 25, 2014, 02:24:27 AM

Quote from: AnonymousEconomist on August 25, 2014, 02:17:08 AM

Quote from: newuser01 on August 25, 2014, 02:07:22 AM

Quote from: saamxx on August 25, 2014, 02:03:09 AM

Any changes in coins supply, reward algo are not acceptable after start, anyway.
It's truisms

Exactly

If you think it is a good idea then you have gone full retard Grin

AnonymousEconomist... never go full retard

Well.. You kiddies clearly don't know your history.

When Darkcoin was released in January, the max cap was massive. That's why it got a 50% instamine. After the reduction, assuming you know your history, it became one of the most successful coins in 2014.

Where do you noticed any instamine in BURST? From the early start everyone had it's own rig to mine Burst. It was transparent and fair start, which have nothing with Darkcoin hidden launch.

Exactly. I believe this coin would do well with a reduction, considering it wasn't instamined.

I was just making the point that reducing max coins certainly has no negative effect on prices.

Probably,it might not be negative for price in some cases. But it will be a true suicide to coin itself. Accordingly, the question of price - is secondary. Dead coin - haven't any price at all.

jzhoulon

full member

Activity: 238

Merit: 100

Quote from: AnonymousEconomist on August 25, 2014, 02:33:10 AM

Quote from: saamxx on August 25, 2014, 02:24:27 AM

Quote from: AnonymousEconomist on August 25, 2014, 02:17:08 AM

Quote from: newuser01 on August 25, 2014, 02:07:22 AM

Quote from: saamxx on August 25, 2014, 02:03:09 AM

Any changes in coins supply, reward algo are not acceptable after start, anyway.
It's truisms

Exactly

If you think it is a good idea then you have gone full retard Grin

AnonymousEconomist... never go full retard

Well.. You kiddies clearly don't know your history.

When Darkcoin was released in January, the max cap was massive. That's why it got a 50% instamine. After the reduction, assuming you know your history, it became one of the most successful coins in 2014.

Where do you noticed any instamine in BURST? From the early start everyone had it's own rig to mine Burst. It was transparent and fair start, which have nothing with Darkcoin hidden launch.

Exactly. I believe this coin would do well with a reduction, considering it wasn't instamined.

I was just making the point that reducing max coins certainly has no negative effect on prices.

can you tell me why btsx has 2billion now, and its price is 0.0000679btc? does the amount affect its price? nxt has 1billion now and its price is more than 65 times of burst? if you think less coin will make a good price, why not suggest the mining can stop now, and let total amount of burst be 50milion,. this is only double amount of BTC, and i think its price will be half of btc ,right?

truckythin

hero member

Activity: 781

Merit: 501

where can i find the current difficulty, net hashrate ... like other coin? Huh

AnonymousEconomist

full member

Activity: 154

Merit: 100

Add me on Twitter! @AnonOnAMoose

Quote from: saamxx on August 25, 2014, 02:24:27 AM

Quote from: AnonymousEconomist on August 25, 2014, 02:17:08 AM

Quote from: newuser01 on August 25, 2014, 02:07:22 AM

Quote from: saamxx on August 25, 2014, 02:03:09 AM

Any changes in coins supply, reward algo are not acceptable after start, anyway.
It's truisms

Exactly

If you think it is a good idea then you have gone full retard Grin

AnonymousEconomist... never go full retard

Well.. You kiddies clearly don't know your history.

When Darkcoin was released in January, the max cap was massive. That's why it got a 50% instamine. After the reduction, assuming you know your history, it became one of the most successful coins in 2014.

Where do you noticed any instamine in BURST? From the early start everyone had it's own rig to mine Burst. It was transparent and fair start, which have nothing with Darkcoin hidden launch.

Exactly. I believe this coin would do well with a reduction, considering it wasn't instamined.

I was just making the point that reducing max coins certainly has no negative effect on prices.

saamxx

hero member

Activity: 546

Merit: 503

Quote from: AnonymousEconomist on August 25, 2014, 02:17:08 AM

Quote from: newuser01 on August 25, 2014, 02:07:22 AM

Quote from: saamxx on August 25, 2014, 02:03:09 AM

Any changes in coins supply, reward algo are not acceptable after start, anyway.
It's truisms

Exactly

If you think it is a good idea then you have gone full retard Grin

AnonymousEconomist... never go full retard

Well.. You kiddies clearly don't know your history.

When Darkcoin was released in January, the max cap was massive. That's why it got a 50% instamine. After the reduction, assuming you know your history, it became one of the most successful coins in 2014.

Where do you noticed any instamine in BURST? From the early start everyone had it's own rig to mine Burst. It was transparent and fair start, which have nothing with Darkcoin hidden launch.

newuser01

sr. member

Activity: 434

Merit: 250

Quote from: AnonymousEconomist on August 25, 2014, 02:17:08 AM

Quote from: newuser01 on August 25, 2014, 02:07:22 AM

Quote from: saamxx on August 25, 2014, 02:03:09 AM

Any changes in coins supply, reward algo are not acceptable after start, anyway.
It's truisms

Exactly

If you think it is a good idea then you have gone full retard Grin

AnonymousEconomist... never go full retard

Well.. You kiddies clearly don't know your history.

When Darkcoin was released in January, the max cap was massive. That's why it got a 50% instamine. After the reduction, assuming you know your history, it became one of the most successful coins in 2014.

oh my god, do you really think that had to do with the Supply cap?

HAHAHAHAHAHAAHAHAHAHAHA

oh man you are so fucking stupid.. Dude, I feel sorry for you now

According to this guy we should instamine 50% and cut supply and block reward.. Because Darkcoin did that and it worked for them haha

hilarious

AnonymousEconomist

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Activity: 154

Merit: 100

Add me on Twitter! @AnonOnAMoose

Quote from: newuser01 on August 25, 2014, 02:07:22 AM

Quote from: saamxx on August 25, 2014, 02:03:09 AM

Any changes in coins supply, reward algo are not acceptable after start, anyway.
It's truisms

Exactly

If you think it is a good idea then you have gone full retard Grin

AnonymousEconomist... never go full retard

Well.. You kiddies clearly don't know your history.

When Darkcoin was released in January, the max cap was massive. That's why it got a 50% instamine. After the reduction, assuming you know your history, it became one of the most successful coins in 2014.

newuser01

sr. member

Activity: 434

Merit: 250

Quote from: saamxx on August 25, 2014, 02:03:09 AM

Any changes in coins supply, reward algo are not acceptable after start, anyway.
It's truisms

Exactly

If you think it is a good idea then you have gone full retard Grin

AnonymousEconomist... never go full retard

newuser01

sr. member

Activity: 434

Merit: 250

Quote from: AnonymousEconomist on August 25, 2014, 01:55:34 AM

Quote from: newuser01 on August 25, 2014, 01:34:34 AM

Quote from: AnonymousEconomist on August 25, 2014, 01:32:41 AM

Quote from: newuser01 on August 25, 2014, 12:51:02 AM

Quote from: AnonymousEconomist on August 25, 2014, 12:11:58 AM

Quote from: Prototyp on August 25, 2014, 12:09:44 AM

Quote from: AnonymousEconomist on August 24, 2014, 11:51:08 PM

Can we reduce block reward or max coins?

Block halving to reduce the max amount its a good idea.
For example, with a halving by 10000, 20000, 40000 blocks the value of the coins could be increased.

Yeah exactly. It would be a good way to get attention, while helping everyone involved in this great BURST community. There's no doubt it will raise the coins value.

Cutting the supply or reducing reward does not bring wanted attention...

It only benefits the current holders and hinders others from entering..

The only coins that cut supply reward outside of the schedule is for a fast pump so they can dump it to bagholders like yourself.

Please dont encourage so shitty ideas.. or do you just want a pump so you can dump and get out? is that it?

Wow you are super paranoid dude...

Must be waiting for your HDD's to arrive in the mail.

I am simply stating the fact that cutting supply / max supply only benefits the current holders and it does not bring new people in.

If it does, can you please explain why someone would buy Burstcoin AFTER the amount of coins has been reduced? what is their incentive?

sorry to burst your little bubble but thats not how it works

If you had been here for longer than a month you would know.

To put this bluntly, I believe you are suffering from Down Syndrome, sir.

The fact is, it helps everyone, it still has 10k per block. I would be much more happy to mine this if the max coins were reduced.

we were talking about block halving also, did you forget?

are you retard? Grin

saamxx

hero member

Activity: 546

Merit: 503

Any changes in coins supply, reward algo are not acceptable after start, anyway.
It's truisms

AnonymousEconomist

full member

Activity: 154

Merit: 100

Add me on Twitter! @AnonOnAMoose

Quote from: newuser01 on August 25, 2014, 01:34:34 AM

Quote from: AnonymousEconomist on August 25, 2014, 01:32:41 AM

Quote from: newuser01 on August 25, 2014, 12:51:02 AM

Quote from: AnonymousEconomist on August 25, 2014, 12:11:58 AM

Quote from: Prototyp on August 25, 2014, 12:09:44 AM

Quote from: AnonymousEconomist on August 24, 2014, 11:51:08 PM

Can we reduce block reward or max coins?

Block halving to reduce the max amount its a good idea.
For example, with a halving by 10000, 20000, 40000 blocks the value of the coins could be increased.

Yeah exactly. It would be a good way to get attention, while helping everyone involved in this great BURST community. There's no doubt it will raise the coins value.

Cutting the supply or reducing reward does not bring wanted attention...

It only benefits the current holders and hinders others from entering..

The only coins that cut supply reward outside of the schedule is for a fast pump so they can dump it to bagholders like yourself.

Please dont encourage so shitty ideas.. or do you just want a pump so you can dump and get out? is that it?

Wow you are super paranoid dude...

Must be waiting for your HDD's to arrive in the mail.

I am simply stating the fact that cutting supply / max supply only benefits the current holders and it does not bring new people in.

If it does, can you please explain why someone would buy Burstcoin AFTER the amount of coins has been reduced? what is their incentive?

sorry to burst your little bubble but thats not how it works

If you had been here for longer than a month you would know.

To put this bluntly, I believe you are suffering from Down Syndrome, sir.

The fact is, it helps everyone, it still has 10k per block. I would be much more happy to mine this if the max coins were reduced.

newuser01

sr. member

Activity: 434

Merit: 250

Quote from: AnonymousEconomist on August 25, 2014, 01:32:41 AM

Quote from: newuser01 on August 25, 2014, 12:51:02 AM

Quote from: AnonymousEconomist on August 25, 2014, 12:11:58 AM

Quote from: Prototyp on August 25, 2014, 12:09:44 AM

Quote from: AnonymousEconomist on August 24, 2014, 11:51:08 PM

Can we reduce block reward or max coins?

Block halving to reduce the max amount its a good idea.
For example, with a halving by 10000, 20000, 40000 blocks the value of the coins could be increased.

Yeah exactly. It would be a good way to get attention, while helping everyone involved in this great BURST community. There's no doubt it will raise the coins value.

Cutting the supply or reducing reward does not bring wanted attention...

It only benefits the current holders and hinders others from entering..

The only coins that cut supply reward outside of the schedule is for a fast pump so they can dump it to bagholders like yourself.

Please dont encourage so shitty ideas.. or do you just want a pump so you can dump and get out? is that it?

Wow you are super paranoid dude...

Must be waiting for your HDD's to arrive in the mail.

I am simply stating the fact that cutting supply / max supply only benefits the current holders and it does not bring new people in.

If it does, can you please explain why someone would buy Burstcoin AFTER the amount of coins has been reduced? what is their incentive?

sorry to burst your little bubble but thats not how it works

If you had been here for longer than a month you would know.

AnonymousEconomist

full member

Activity: 154

Merit: 100

Add me on Twitter! @AnonOnAMoose

Quote from: newuser01 on August 25, 2014, 12:51:02 AM

Quote from: AnonymousEconomist on August 25, 2014, 12:11:58 AM

Quote from: Prototyp on August 25, 2014, 12:09:44 AM

Quote from: AnonymousEconomist on August 24, 2014, 11:51:08 PM

Can we reduce block reward or max coins?

Block halving to reduce the max amount its a good idea.
For example, with a halving by 10000, 20000, 40000 blocks the value of the coins could be increased.

Yeah exactly. It would be a good way to get attention, while helping everyone involved in this great BURST community. There's no doubt it will raise the coins value.

Cutting the supply or reducing reward does not bring wanted attention...

It only benefits the current holders and hinders others from entering..

The only coins that cut supply reward outside of the schedule is for a fast pump so they can dump it to bagholders like yourself.

Please dont encourage so shitty ideas.. or do you just want a pump so you can dump and get out? is that it?

Wow you are super paranoid dude...

Must be waiting for your HDD's to arrive in the mail.

abctc

legendary

Activity: 1806

Merit: 1038

Quote from: ReDPoiSoN on August 24, 2014, 05:25:27 PM

I can't believe! If you buy now on the nxt asset exhchange this:

NXT-7G7H-BE28-B967-FTBWW 301.168 10 3,011.68

You can dump them on c-cex for double price..

- yes, there was an arbitrage opportunity, and a good trade volume at Asset Exchange, 1000BURST asset now at the 7th place out of 233 assets: https://nxtblocks.info/#section/assets_exchange/market/251006016744564741

Quote

Name      Weekly NXT Volume
mgwBTC      3'345'786
NEMstake     1'341'845
mgwBTCD    1'011'858
Nxttycoin     498'808
sharkfund0     386'173
InstantDEX     340'552
1000BURST     241'161
jl777hodl     179'036
BGCAFFE     164'110
HRNXTPool     107'838

But before depositing your BURST coins to Asset Exchange please check current buy and sell orders there:
https://nxtblocks.info/#section/assets_exchange/market/251006016744564741

Still you can place, of course, your own buy/sell orders at your price.

And please do not forget to withdraw the BURST coins that you bought at Asset Exchange.

Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 1149. (Read 2171091 times)