[ANN][CASH] Crypto CASH | Proof of Stake & COIN CONTROL | On Cryptsy | 0 PREMINE - page 57.

Varvarin

legendary

Activity: 1130

Merit: 1000

No good deed goes unpunished

Quote from: tmuir12 on April 22, 2014, 06:35:15 PM

..

I think most important thing is to be online and post every day at the moment then look to see is the wallet is affected by the heart bleed bug and if so upgrade it.

..

Wallet update is a must before we can even begin talking about CASH again. Poloniex delisted it "because the wallet is too unstable" - their words.

Next on the list is finding someone who has 50 BTC, because money talks and will need a sustained pump and not that joke 5 BTC floating around for a laugh 2 days ago pumping price but never buying, while Craptsy messes around with deposits and wankers dump our own coins while price is nice and high and pay back several hours later when price is nice and low.

Of course Craptsy will claim wallet is buggered, and most of the time CASH deposits are incredibly slow, but were not as bad on Poloniex.

Net Hash rate actually would be a good place to start. No Net Hash shown = not a serious coin. Telling someone to work out Net Hash from difficulty does not work.

tmuir12

full member

Activity: 230

Merit: 100

Quote from: CryptoCashNow on April 22, 2014, 02:04:00 PM

Quote from: coffemix on April 21, 2014, 09:40:19 PM

still waiting dev to action.

To action what?

I think most important thing is to be online and post every day at the moment then look to see is the wallet is affected by the heart bleed bug and if so upgrade it.

Some donate buttons for Cash that people could add to their websites would also be a good start, anything to raise it's profile

Varvarin

legendary

Activity: 1130

Merit: 1000

No good deed goes unpunished

Quote from: TuxNut on April 21, 2014, 01:44:49 PM

Quote from: barryzand on April 21, 2014, 05:26:47 AM

agree... x11 for this coin wont work... higher hash means less blockreward right?... and x11 wil triple hashrate... lol.... well be mining for pennies then Cheesy

So, ASICs won't bring a significantly higher hasrate for FAR lower power usage and therefore the price per coin will plummet.
With X11 the hashrate would increase by around 2-2.5x with power usage dropping by about half so the price per coin will remain about the same.

X11 does not work with PoS. Hemp coin is trying to do that and no success.

Quote from: CryptoCashNow on April 22, 2014, 02:04:00 PM

Quote from: coffemix on April 21, 2014, 09:40:19 PM

still waiting dev to action.

To action what?

Anything really, has been 2 months. I even found a screenshot I had when CASH was nearly 20k mid Feb, just before the vanishing act and our 1st "Blockchain is too old" and dump to 5k. If something did indeed happen untoward with the family, I apologise now for sounding like an arse .. but as far as I see it, we got proper scammed out of a ton of BTC.

I am still willing to help, but with 5 BTC loss and 4 weeks of 10MHs mining, I sold everything so my interest is almost zero in losing another 5BTC buying a coin no one else will or mining. If this whole thing did not play out this way, and I actually had those 5BTC at least, lets even forget about the hashing, would not need to mine only profitable things and work the exchange to recover what I need to pay back.

With 20 MHs eating electricity for snacks, I can not mine a coin now I can't sell, was fine in 1st month. Who here has 20-50 BTC to bring CASH to 10k and keep it there to get at least diff 5-6 and then maybe bait some whales to bring it back to where it was?

CryptoCashNow

member

Activity: 70

Merit: 10

Check our CASH a currency based on Moore's law

Quote from: coffemix on April 21, 2014, 09:40:19 PM

still waiting dev to action.

To action what?

coffemix

newbie

Activity: 17

Merit: 0

still waiting dev to action.

TuxNut

full member

Activity: 182

Merit: 100

I am a Supporter of . . . . TZM & TVP

Quote from: barryzand on April 21, 2014, 05:26:47 AM

agree... x11 for this coin wont work... higher hash means less blockreward right?... and x11 wil triple hashrate... lol.... well be mining for pennies then Cheesy

So, ASICs won't bring a significantly higher hasrate for FAR lower power usage and therefore the price per coin will plummet.
With X11 the hashrate would increase by around 2-2.5x with power usage dropping by about half so the price per coin will remain about the same.

tmuir12

full member

Activity: 230

Merit: 100

coffemix

newbie

Activity: 17

Merit: 0

yeay, dev back
hope he not dissapear again

Varvarin

legendary

Activity: 1130

Merit: 1000

No good deed goes unpunished

Quote from: CountBlood on April 21, 2014, 05:32:51 AM

..
I totally feel your frustration Varvarin; personally I am amazed you are still behind this coin! I nearly abandoned it too this last week. I shall wait and see what happens now that the Dev is back.
..
Cryptocashnow: you should be aware that your reputation and trust in you (and hence the coin) is very weak due to you having disappeared for so long...

Sold 35k CASH this week from 2000-4000 (have 3k left) , and stupidly bought some at 3300, 3700 and dumped again for less. I have zero faith that anyone wants to buy this coin above 1500 anyway.

Not for one second I believe this is going to get any better really. Everyone got so badly burned here, that without a real dev team and not one guy who may or may not disappear again and not be arsed to write one post on forum.

All the clever investors stay away from Kimoto shit, only way is down. And only way to prop it up is to do what BC pool does, leave POT coin until diff is 20 and then pump from 1500 to 3000 and hash it to hell to dump to 2000 and let suckers play with the rest to 1500 again.

PoS on CASH? Got 400 coins in 3 months on 35k holding .. three stakes only and 2 of them were in last week, when Dev magically sorts his life out. Sick to death of being robbed. I am not backing CASH any longer, was a great potential but without actual real backing, it will be back to 1500 in the next few days and I will not spend the 5 BTC I had to buy it again.

CountBlood

newbie

Activity: 8

Merit: 0

Quote from: Varvarin on April 21, 2014, 02:36:32 AM

Quote from: CryptoCashNow on April 21, 2014, 12:28:22 AM

Quote from: Pleskac on April 20, 2014, 09:44:29 PM

it woulndt hurt the coin to make it quibit,groestl or X11 algo it will be even more power efficient (they use 30-50% less power) and will definetly bring more miners because there is only few coins to mine with these new algos and people want it temps will go high outside soon and people will switch to these algos to keep hw cooler i hope...

I will look into the x11 algo

Don't bother really, it would kill the price and no one would mine. Very very few like X11, the pay is horrible, it needs different settings, even if the cost is half, no one wants to get half the income regardless. DRK is the only coin that is not ruined by X11, and only due to Dev team happily keeping price steady with a dozen BTC and dumping when it pumps. Hiro coin is less than half price and just falling too.

Kimoto is bloody terrible too, with the time lapse exploit, just look at POT coin. It could work, provided someone is willing to stump up a couple of BTC to push price to 10k. This time, it will not be me.

DigiShield could work, but I have no clue if anyone is even willing to buy CASH coin now. It will need a lot of work, and all the work I put in has just made me look like a mug promoting a junk coin when even Dev couldn't be arsed to make an appearance, even just once in a blue moon to show existence.

Pulled connections all over and had a great design team lined up and an IT company too willing to work for free and even accept CASH as payment. Needless to say, they are not stupid enough to waste time when no one else would.

I totally feel your frustration Varvarin; personally I am amazed you are still behind this coin! I nearly abandoned it too this last week. I shall wait and see what happens now that the Dev is back.

Cryptocashnow: you should be aware that your reputation and trust in you (and hence the coin) is very weak due to you having disappeared for so long. I just want you to be aware that you and whatever team you put together is going to have to work extremely hard to repair the damage done. Those of us who tried to support the coin are now very wary about joining your team, even though we would like to - can we trust that you are here for the long term?

barryzand

hero member

Activity: 574

Merit: 500

Growcoin Chief

Quote from: Varvarin on April 21, 2014, 02:36:32 AM

Quote from: CryptoCashNow on April 21, 2014, 12:28:22 AM

Quote from: Pleskac on April 20, 2014, 09:44:29 PM

it woulndt hurt the coin to make it quibit,groestl or X11 algo it will be even more power efficient (they use 30-50% less power) and will definetly bring more miners because there is only few coins to mine with these new algos and people want it temps will go high outside soon and people will switch to these algos to keep hw cooler i hope...

I will look into the x11 algo

Don't bother really, it would kill the price and no one would mine. Very very few like X11, the pay is horrible, it needs different settings, even if the cost is half, no one wants to get half the income regardless. DRK is the only coin that is not ruined by X11, and only due to Dev team happily keeping price steady with a dozen BTC and dumping when it pumps. Hiro coin is less than half price and just falling too.

Kimoto is bloody terrible too, with the time lapse exploit, just look at POT coin. It could work, provided someone is willing to stump up a couple of BTC to push price to 10k. This time, it will not be me.

DigiShield could work, but I have no clue if anyone is even willing to buy CASH coin now. It will need a lot of work, and all the work I put in has just made me look like a mug promoting a junk coin when even Dev couldn't be arsed to make an appearance, even just once in a blue moon to show existence.

Pulled connections all over and had a great design team lined up and an IT company too willing to work for free and even accept CASH as payment. Needless to say, they are not stupid enough to waste time when no one else would.

agree... x11 for this coin wont work... higher hash means less blockreward right?... and x11 wil triple hashrate... lol.... well be mining for pennies then Cheesy

tmuir12

full member

Activity: 230

Merit: 100

I go away for Easter for two nights and everything goes mad.
Glad to see everything is back on track.

Varvarin

legendary

Activity: 1130

Merit: 1000

No good deed goes unpunished

Quote from: CryptoCashNow on April 21, 2014, 12:28:22 AM

Quote from: Pleskac on April 20, 2014, 09:44:29 PM

it woulndt hurt the coin to make it quibit,groestl or X11 algo it will be even more power efficient (they use 30-50% less power) and will definetly bring more miners because there is only few coins to mine with these new algos and people want it temps will go high outside soon and people will switch to these algos to keep hw cooler i hope...

I will look into the x11 algo

Don't bother really, it would kill the price and no one would mine. Very very few like X11, the pay is horrible, it needs different settings, even if the cost is half, no one wants to get half the income regardless. DRK is the only coin that is not ruined by X11, and only due to Dev team happily keeping price steady with a dozen BTC and dumping when it pumps. Hiro coin is less than half price and just falling too.

Kimoto is bloody terrible too, with the time lapse exploit, just look at POT coin. It could work, provided someone is willing to stump up a couple of BTC to push price to 10k. This time, it will not be me.

DigiShield could work, but I have no clue if anyone is even willing to buy CASH coin now. It will need a lot of work, and all the work I put in has just made me look like a mug promoting a junk coin when even Dev couldn't be arsed to make an appearance, even just once in a blue moon to show existence.

Pulled connections all over and had a great design team lined up and an IT company too willing to work for free and even accept CASH as payment. Needless to say, they are not stupid enough to waste time when no one else would.

CryptoCashNow

member

Activity: 70

Merit: 10

Check our CASH a currency based on Moore's law

Quote from: Pleskac on April 20, 2014, 09:44:29 PM

it woulndt hurt the coin to make it quibit,groestl or X11 algo it will be even more power efficient (they use 30-50% less power) and will definetly bring more miners because there is only few coins to mine with these new algos and people want it temps will go high outside soon and people will switch to these algos to keep hw cooler i hope...

I will look into the x11 algo

CryptoCashNow

member

Activity: 70

Merit: 10

Check our CASH a currency based on Moore's law

Updated the main thread with current services etc.

Still looking to assemble the team if you want to help out I still have room need marketing, moderators more developers etc. PM me if your interested.

Pleskac

member

Activity: 112

Merit: 10

it woulndt hurt the coin to make it quibit,groestl or X11 algo it will be even more power efficient (they use 30-50% less power) and will definetly bring more miners because there is only few coins to mine with these new algos and people want it temps will go high outside soon and people will switch to these algos to keep hw cooler i hope...

TuxNut

full member

Activity: 182

Merit: 100

I am a Supporter of . . . . TZM & TVP

Quote from: CryptoCashNow on April 20, 2014, 05:48:52 PM

Quote from: TuxNut on April 20, 2014, 05:40:02 PM

Was talking just yesterday about renewing efforts to take CASH under the control of the community (which is obviously not needed now hopefully).

Was trying to figure if it would be worth switching it to an X11 algo instead of Scrypt to stop it ending up as an ASIC coin. Not sure which would be better, welcoming the ASICs or hiding from them!?

Personally love the X11 algo and it's currently the only one I can run with 5 cards due to a RMAing PSU, if you're capable, might worth considering Mr Dev dude.

No real need as the PoW block payout algorithm with a large hashrate will diminish. Remember higher hash rate is lower block rewards.

Oh, I remember, it's one of my favourite features, but it doesn't help the GPU miners.
There's a decision to be made, either have the coin be controlled by a few people with ASICs by staying on Scrypt or switch to an alternative algo to have LOTS of people mining on GPUS.

Staying on Scrypt COULD be dangerous in the early days of ASICs as controlling <50% will be really easy, not sure if the POS will be strong enough to keep the network secure.

I think in the LONG term, ASICs are crucial to Cryptos to keep the mining costs down (electricity usage) but while the prices are high it means a small number of people control the entire network.

CryptoCashNow

member

Activity: 70

Merit: 10

Check our CASH a currency based on Moore's law

Quote from: TuxNut on April 20, 2014, 05:40:02 PM

Was talking just yesterday about renewing efforts to take CASH under the control of the community (which is obviously not needed now hopefully).

Was trying to figure if it would be worth switching it to an X11 algo instead of Scrypt to stop it ending up as an ASIC coin. Not sure which would be better, welcoming the ASICs or hiding from them!?

Personally love the X11 algo and it's currently the only one I can run with 5 cards due to a RMAing PSU, if you're capable, might worth considering Mr Dev dude.

No real need as the PoW block payout algorithm with a large hashrate will diminish. Remember higher hash rate is lower block rewards.

TuxNut

full member

Activity: 182

Merit: 100

I am a Supporter of . . . . TZM & TVP

Was talking just yesterday about renewing efforts to take CASH under the control of the community (which is obviously not needed now hopefully).

Was trying to figure if it would be worth switching it to an X11 algo instead of Scrypt to stop it ending up as an ASIC coin. Not sure which would be better, welcoming the ASICs or hiding from them!?

Personally love the X11 algo and it's currently the only one I can run with 5 cards due to a RMAing PSU, if you're capable, might worth considering Mr Dev dude.

Varvarin

legendary

Activity: 1130

Merit: 1000

No good deed goes unpunished

Quote from: CryptoCashNow on April 20, 2014, 02:29:22 PM

Yes we have the checkpoint server running smoothly again glad you guys noticed. Now for some updates to our webpage.

If you know of any new pools, exchange or anything that has changed. List them here please.

Welcome back ..

- Hash.so is closing and does not work at the moment.
- Easy-mining has been down for weeks
- JTeam is empty
- Dedicated pool is empty as well, not sure they work.
- Luckyminers, not so lucky as site is dead.

So only pools I know of are:

http://cash.minebig.com
http://cash.n50.ru

OpenEx exchange is closed
Poloniex removed CASH as I was the only one buying with 0.01 volume a day .. ~~I can ask Busoni to add us back on ... provided no more vanishing acts.~~ Asked and they said wallet is too unstable so not until it's working fine.

Topic: [ANN][CASH] Crypto CASH | Proof of Stake & COIN CONTROL | On Cryptsy | 0 PREMINE - page 57. (Read 248249 times)