Topic: [ANN][GAP] Gapcoin - Prime Gap Search - New Math Algo - CPU / GPU - Zero Premine - page 61. (Read 287669 times)

how to setup solomining ?

gpu,cpu ? one ? .. you .bat ?

Is this OK?

[2016-04-22 08:58:30] pps: 7146858 / 6681342 tests/s 2383521 / 1229579
                      gaps/s 185 / 189  gaplist 5314  block [8.005 %]
[2016-04-22 08:58:43] pps: 6296339 / 6681977 tests/s 2338851 / 1247591
                      gaps/s 181 / 188  gaplist 6428  block [8.134 %]
[2016-04-22 08:58:55] pps: 6011644 / 6677734 tests/s 2521668 / 1266610
                      gaps/s 183 / 188  gaplist 7491  block [8.266 %]
[2016-04-22 08:59:08] pps: 6105337 / 6682112 tests/s 2491559 / 1285141
                      gaps/s 185 / 188  gaplist 8489  block [8.401 %]
[2016-04-22 08:59:20] pps: 7638706 / 6690665 tests/s 2542562 / 1304172
                      gaps/s 177 / 188  gaplist 9475  block [8.537 %]
[2016-04-22 08:59:32] pps: 6429267 / 6687915 tests/s 2814107 / 1323109
                      gaps/s 219 / 188  gaplist 10373  block [8.669 %]
[2016-04-22 08:59:44] pps: 6516690 / 6680416 tests/s 2787545 / 1344174
                      gaps/s 190 / 188  gaplist 11307  block [8.789 %]
[2016-04-22 08:59:47] Got new target: 21.7595590 @ 21.7595590
[2016-04-22 08:59:56] pps: 6270124 / 6673667 tests/s 2787411 / 1362386
                      gaps/s 190 / 188  gaplist 826  block [8.979 %]

how Gapcoin reward 1x7950 (280x,7970) on 24h ?

Yeap. I'm a solo guy) Actually it's ok with even 5 connect but it was really much more, and i don't understand what happened. Primecoin has ~60 connection like it always was.

25-30?

Even bitcoin doesn't need that.

Or are you asking a mining question?

...

I do understand that volume is important. I have a small position in a coin which has virtually zero volume. I also think that the potential for buy orders is important.  Obviously, the price may rise based on a few buys (considering the lack of volume) but if no-one wants to buy unless the price is 20,000 below the current price, it's not so helpful.

In terms of volume, does it need to be based on news? For example does GAP need to have something positive happen for the price to rise?

Actually volume is such an important variable that it is the first thing "experienced" scammers would try to manipulate in order to pump a coin. Before altcoins existed there were conventional financial markets that could be manipulated for profit, but altcoins are such a wide open, lucrative field that this kind of thing is the norm now. The "average" trader even sees volume now intuitively.

Here is a common sense way a speculator would analyze volume,
1) Go to Coinmarketcap.com and click on "675 currencies" or whatever in the top left.
2) Click on the volume column to sort by that.
3) Look at the following rows, in order
a) Market cap. Go to the first mineable, unpremined coin with a low market cap, let's say < usd 100,000, which has greater than 40% increase in 24 hours and >100% in 7 days (looking at those columns)
b) if you go down this list now you will see primarily two kinds of coins. 1) Higher quality coins that are trending up, and 2) coins whose volume is fake in some sense, coins that are being pumped in preparation for a dump. Most are in the second category.
c) Keep in mind that there are a lot of automated programs being used. These try to make tiny profits on a vast number of trades, while churning volume.

So it kind of seems that even though volume is hard to decypher, you have to count it as an important variable.

As to Gapcoin specifically, here are some points to think about.

When the next crypto surge occurs, like happened in late 2013, people will be focusing on specific types of coins. There will be the "panic buying" mentality that creates chaos in all coins, but smarter stable long term money will be more disciplined than in 2013.

Most likely the money that enters cryptos will be directed by journalists opinions. Somebody will write an article about cryptos that mentions some coin in a positive way and a bunch of people will try to buy $40,000 worth of that coin even though only $2,000 worth is for sale, and at some point this dynamic will create a publicity storm.

So pretty soon any coin is going to look cheap. But you have to estimate, based on what you know about society etc, which coins are likely to be better off after the next surge relative to other coins. It's my guess, only a guess, that Gapcoin will do quite well. Market cap right now $25,000. So somebody comes along and wants to buy $200,000 worth what happens? We'll see. 

More accurate to say that normally volume indicates that a move has some technical significance. People who study charts, technical analysts, consider volume very important.

The problem with cryptocurrencies is that
1) You never know what volume is real. Paying 0.x % fees a person may churn the volume as a marketing ploy. Buy and sell ridiculous amounts since some traders sort lists like CoinMarketCap by volume and look for spikes in volume that indicate something. This isn't likely with gapcoin though.
2) Cryptos are still so small that a lot of people are financially capable of moving a market in a major way with little money. Maybe somebody noticed that Gapcoin was created on their birthday and their middle name is "gap" so they took it as a sign from heaven to sell their retirement fund and put it all in Gapcoin. You just don't know what significance the volume has since it could have been one person creating it, for reasons that may be "unnewsworthy".

However, the simple fact that Gapcoin is a higher quality mathcoin, likely to attract the interest of people with longer term focus, suggests that there is some more valid reason for the buying, even if we don't know what it is.

My guess would be another exchange buying up a supply in preparation to list it, but that is only a guess. Second possibility is just somebody who looked at market cap and depth, did some calculations, and decided they could take over the market, including buying new coins, at x price and would make a better profit on Gapcoin than on other coins.

Ultimately it still is an inexpensive coin. The original dev pops up every now and then, and probably will sometime in coming weeks or months. New people moving into crypto will tend to focus more on "productive algorithms" than people in past years did. Gapcoin has gone up a lot but still has better long term chances than many other coins.

According to Poloniex, the 24 hour volume is currently 33 BTC.  So this is not one of these alt-coins that rises 200% on volume of 1.5 BTC.

So, as was asked earlier, is there any news or rumours of news? AIUI, most spikes that have volume derive from some kind of news whether legitimate or not.

Any ideas? Thanks.

Someone bought the rest like 3 weeks ago...

According to Poloniex, the 24 hour volume is currently 33 BTC.  So this is not one of these alt-coins that rises 200% on volume of 1.5 BTC.

So, as was asked earlier, is there any news or rumours of news? AIUI, most spikes that have volume derive from some kind of news whether legitimate or not.

Any ideas? Thanks.

Probably nothing except someone bought literally ALL THE COINS and now will try to pump it in order to dump it. Well if he manages to break the world record with his effort no problem with me.

what are the news that such a course is raging?

Paбoтa