Topic: [ANN][Grumpycoin][GRUMP] Grumpycoin | Now on Mintpal and Coinedup| 8 Exchanges - page 43. (Read 130141 times)
February 18, 2014, 06:28:58 AM
Because we would probably not get to coinmarket.io fast, we should try to get to mintpal.com, which is also very nice and growing exchange. New coins are added every day and there's quite a lot of trade there. It will be good for GRUMP to get there.
To get listed at mintpal.com we need to vote for Grumpy Coin as many times as possible during the day.
Please register:
https://www.mintpal.com/register
Vote for Grumpy Coin 6x every hour:
https://www.mintpal.com/voting
For unregistered users it is only 3 votes.
We also need to donate some BTC to help to get to MintPal faster. Every 0.05 BTC will get us 1000 votes (1 vote cost 0.00005000 BTC).
This is a direct BTC address for MintPal donation. You can send any amount you like, even very small. Every donation counts!
Donate to get listed at MintPal.com
1Cq3EiuoB7ZmFQkG2EVAjCSgWj9cNVVQz8
https://blockchain.info/address/1Cq3EiuoB7ZmFQkG2EVAjCSgWj9cNVVQz8
If every one of us votes 10 times a day x6 votes it will be several hundreds votes daily! Just vote, it is FREE.
February 18, 2014, 03:50:48 AM
I would definitely keep it 50 billion as it was stated in the initial coin post.
But let's keep it long term, so the coin won't die.
How about such solutions (10 or 20 years of mining):
~ 10 years of steady mining
1/ 500,000 20000 10 000 000 000
2/ 250,000 20000 5 000 000 000
3/ 125,000 20000 2 500 000 000
4/ 62,500 20000 1 250 000 000
5/ 31,250 20000 625 000 000
6/ 15,625 20000 312 500 000
19 687 500 000
And after reaching ~ 20 billion coins stop halving process and keep it 15625 coins / block.
With 2.5 minutes blocks we have 576 blocks / day.
576 blocks x 15625 coins = 9 000 000 coins / day x 365 = 3 285 000 000 coins / year.
-------------------------
~ 20 years of steady mining
1/ 500,000 20000 10 000 000 000
2/ 250,000 20000 5 000 000 000
3/ 125,000 20000 2 500 000 000
4/ 62,500 20000 1 250 000 000
5/ 31,250 20000 625 000 000
6/ 15,625 20000 312 500 000
7/ 7,812.5 20000 156 250 000
19 843 750 000
And after reaching ~ 20 billion coins stop halving process and keep it 7812.5 coins / block.
With 2.5 minutes blocks we have 576 blocks / day.
576 blocks x 7812.5 coins = 9 000 000 coins / day x 365 = 1 642 500 000 coins / year.
-------------------------
Keep in mind that with today price of 1 satoshi / GRUMP one block (initial 500k coins) is worth 0.005 BTC and 250k block is worth 0.0025 BTC. But the price for GRUMPY should rise, so with ~ 25 satoshi 7812.5 coins / block would be worth 0.00195 BTC, so it should still be a good reward for new miners.
What do you think??
But let's keep it long term, so the coin won't die.
How about such solutions (10 or 20 years of mining):
~ 10 years of steady mining
1/ 500,000 20000 10 000 000 000
2/ 250,000 20000 5 000 000 000
3/ 125,000 20000 2 500 000 000
4/ 62,500 20000 1 250 000 000
5/ 31,250 20000 625 000 000
6/ 15,625 20000 312 500 000
19 687 500 000
And after reaching ~ 20 billion coins stop halving process and keep it 15625 coins / block.
With 2.5 minutes blocks we have 576 blocks / day.
576 blocks x 15625 coins = 9 000 000 coins / day x 365 = 3 285 000 000 coins / year.
-------------------------
~ 20 years of steady mining
1/ 500,000 20000 10 000 000 000
2/ 250,000 20000 5 000 000 000
3/ 125,000 20000 2 500 000 000
4/ 62,500 20000 1 250 000 000
5/ 31,250 20000 625 000 000
6/ 15,625 20000 312 500 000
7/ 7,812.5 20000 156 250 000
19 843 750 000
And after reaching ~ 20 billion coins stop halving process and keep it 7812.5 coins / block.
With 2.5 minutes blocks we have 576 blocks / day.
576 blocks x 7812.5 coins = 9 000 000 coins / day x 365 = 1 642 500 000 coins / year.
-------------------------
Keep in mind that with today price of 1 satoshi / GRUMP one block (initial 500k coins) is worth 0.005 BTC and 250k block is worth 0.0025 BTC. But the price for GRUMPY should rise, so with ~ 25 satoshi 7812.5 coins / block would be worth 0.00195 BTC, so it should still be a good reward for new miners.
What do you think??
I like it. 10 years is enought, I guess.
February 18, 2014, 03:49:14 AM
Just thought of how it could be used. Unlike with btc and doge, where people actually tip a buck or two sometimes, with grump you would tip them insignificant amount of grumpycoin so that the monetary value is not even worth taking the time to transfer to your wallet. Maybe even so low that the transaction cost is more than the tip. Hahaha.
I think it would be better to give them to your friends when there Grumpy and having a bad day.. It would cheer them up real quick
February 18, 2014, 03:16:11 AM
Just thought of how it could be used. Unlike with btc and doge, where people actually tip a buck or two sometimes, with grump you would tip them insignificant amount of grumpycoin so that the monetary value is not even worth taking the time to transfer to your wallet. Maybe even so low that the transaction cost is more than the tip. Hahaha.
February 18, 2014, 02:44:09 AM
1% fees ( But we will be giving that back in prizes + More)
Thanks for everyone who made our Pool Party Possible we have had over 65 new miners in our pool in the last 24 hours this is amazing news for grumpy coin were running at 96.97% Pool Efficiency we have 77 miners and a pool hashrate of 63227.00 KH/s This is just the start our pool party is still going so jump in our pool send us your Grumpy Address and well hook you up
http://grumpy.imine.at
Thanks for everyone who made our Pool Party Possible we have had over 65 new miners in our pool in the last 24 hours this is amazing news for grumpy coin were running at 96.97% Pool Efficiency we have 77 miners and a pool hashrate of 63227.00 KH/s This is just the start our pool party is still going so jump in our pool send us your Grumpy Address and well hook you up
http://grumpy.imine.at
February 18, 2014, 02:21:24 AM
developers, traders and investors are busy even grumpy is busy
This one is the best! February 18, 2014, 02:16:31 AM
lol
i <3 this community
Join the IRC channel #grumpycoin
i <3 this community
Join the IRC channel #grumpycoin
February 17, 2014, 10:24:31 PM
I would definitely keep it 50 billion as it was stated in the initial coin post.
But let's keep it long term, so the coin won't die.
How about such solutions (10 or 20 years of mining):
~ 10 years of steady mining
1/ 500,000 20000 10 000 000 000
2/ 250,000 20000 5 000 000 000
3/ 125,000 20000 2 500 000 000
4/ 62,500 20000 1 250 000 000
5/ 31,250 20000 625 000 000
6/ 15,625 20000 312 500 000
19 687 500 000
And after reaching ~ 20 billion coins stop halving process and keep it 15625 coins / block.
With 2.5 minutes blocks we have 576 blocks / day.
576 blocks x 15625 coins = 9 000 000 coins / day x 365 = 3 285 000 000 coins / year.
-------------------------
~ 20 years of steady mining
1/ 500,000 20000 10 000 000 000
2/ 250,000 20000 5 000 000 000
3/ 125,000 20000 2 500 000 000
4/ 62,500 20000 1 250 000 000
5/ 31,250 20000 625 000 000
6/ 15,625 20000 312 500 000
7/ 7,812.5 20000 156 250 000
19 843 750 000
And after reaching ~ 20 billion coins stop halving process and keep it 7812.5 coins / block.
With 2.5 minutes blocks we have 576 blocks / day.
576 blocks x 7812.5 coins = 9 000 000 coins / day x 365 = 1 642 500 000 coins / year.
-------------------------
Keep in mind that with today price of 1 satoshi / GRUMP one block (initial 500k coins) is worth 0.005 BTC and 250k block is worth 0.0025 BTC. But the price for GRUMPY should rise, so with ~ 25 satoshi 7812.5 coins / block would be worth 0.00195 BTC, so it should still be a good reward for new miners.
What do you think??
But let's keep it long term, so the coin won't die.
How about such solutions (10 or 20 years of mining):
~ 10 years of steady mining
1/ 500,000 20000 10 000 000 000
2/ 250,000 20000 5 000 000 000
3/ 125,000 20000 2 500 000 000
4/ 62,500 20000 1 250 000 000
5/ 31,250 20000 625 000 000
6/ 15,625 20000 312 500 000
19 687 500 000
And after reaching ~ 20 billion coins stop halving process and keep it 15625 coins / block.
With 2.5 minutes blocks we have 576 blocks / day.
576 blocks x 15625 coins = 9 000 000 coins / day x 365 = 3 285 000 000 coins / year.
-------------------------
~ 20 years of steady mining
1/ 500,000 20000 10 000 000 000
2/ 250,000 20000 5 000 000 000
3/ 125,000 20000 2 500 000 000
4/ 62,500 20000 1 250 000 000
5/ 31,250 20000 625 000 000
6/ 15,625 20000 312 500 000
7/ 7,812.5 20000 156 250 000
19 843 750 000
And after reaching ~ 20 billion coins stop halving process and keep it 7812.5 coins / block.
With 2.5 minutes blocks we have 576 blocks / day.
576 blocks x 7812.5 coins = 9 000 000 coins / day x 365 = 1 642 500 000 coins / year.
-------------------------
Keep in mind that with today price of 1 satoshi / GRUMP one block (initial 500k coins) is worth 0.005 BTC and 250k block is worth 0.0025 BTC. But the price for GRUMPY should rise, so with ~ 25 satoshi 7812.5 coins / block would be worth 0.00195 BTC, so it should still be a good reward for new miners.
What do you think??
I think that is the most sensible way to do it!!
AND THEN UPDATE ORIGINAL POST!! GRAPHICS, LARGER MORE COLOURFUL TEXT, AND EVERYTHING UPDATED!!
February 17, 2014, 10:18:45 PM
I would definitely keep it 50 billion as it was stated in the initial coin post.
But let's keep it long term, so the coin won't die.
How about such solutions (10 or 20 years of mining):
~ 10 years of steady mining
1/ 500,000 20000 10 000 000 000
2/ 250,000 20000 5 000 000 000
3/ 125,000 20000 2 500 000 000
4/ 62,500 20000 1 250 000 000
5/ 31,250 20000 625 000 000
6/ 15,625 20000 312 500 000
19 687 500 000
And after reaching ~ 20 billion coins stop halving process and keep it 15625 coins / block.
With 2.5 minutes blocks we have 576 blocks / day.
576 blocks x 15625 coins = 9 000 000 coins / day x 365 = 3 285 000 000 coins / year.
-------------------------
~ 20 years of steady mining
1/ 500,000 20000 10 000 000 000
2/ 250,000 20000 5 000 000 000
3/ 125,000 20000 2 500 000 000
4/ 62,500 20000 1 250 000 000
5/ 31,250 20000 625 000 000
6/ 15,625 20000 312 500 000
7/ 7,812.5 20000 156 250 000
19 843 750 000
And after reaching ~ 20 billion coins stop halving process and keep it 7812.5 coins / block.
With 2.5 minutes blocks we have 576 blocks / day.
576 blocks x 7812.5 coins = 9 000 000 coins / day x 365 = 1 642 500 000 coins / year.
-------------------------
Keep in mind that with today price of 1 satoshi / GRUMP one block (initial 500k coins) is worth 0.005 BTC and 250k block is worth 0.0025 BTC. But the price for GRUMPY should rise, so with ~ 25 satoshi 7812.5 coins / block would be worth 0.00195 BTC, so it should still be a good reward for new miners.
What do you think??
But let's keep it long term, so the coin won't die.
How about such solutions (10 or 20 years of mining):
~ 10 years of steady mining
1/ 500,000 20000 10 000 000 000
2/ 250,000 20000 5 000 000 000
3/ 125,000 20000 2 500 000 000
4/ 62,500 20000 1 250 000 000
5/ 31,250 20000 625 000 000
6/ 15,625 20000 312 500 000
19 687 500 000
And after reaching ~ 20 billion coins stop halving process and keep it 15625 coins / block.
With 2.5 minutes blocks we have 576 blocks / day.
576 blocks x 15625 coins = 9 000 000 coins / day x 365 = 3 285 000 000 coins / year.
-------------------------
~ 20 years of steady mining
1/ 500,000 20000 10 000 000 000
2/ 250,000 20000 5 000 000 000
3/ 125,000 20000 2 500 000 000
4/ 62,500 20000 1 250 000 000
5/ 31,250 20000 625 000 000
6/ 15,625 20000 312 500 000
7/ 7,812.5 20000 156 250 000
19 843 750 000
And after reaching ~ 20 billion coins stop halving process and keep it 7812.5 coins / block.
With 2.5 minutes blocks we have 576 blocks / day.
576 blocks x 7812.5 coins = 9 000 000 coins / day x 365 = 1 642 500 000 coins / year.
-------------------------
Keep in mind that with today price of 1 satoshi / GRUMP one block (initial 500k coins) is worth 0.005 BTC and 250k block is worth 0.0025 BTC. But the price for GRUMPY should rise, so with ~ 25 satoshi 7812.5 coins / block would be worth 0.00195 BTC, so it should still be a good reward for new miners.
What do you think??
February 17, 2014, 09:52:43 PM
OK, what about this one:
https://i.imgur.com/OJMvNpw.png
Block reward decreases 13% every 20,000 blocks
What do you think?
https://i.imgur.com/OJMvNpw.png
Block reward decreases 13% every 20,000 blocks
What do you think?
Yea something like that is what I was thinking.
February 17, 2014, 09:01:26 PM
OK, what about this one:
Block reward decreases 13% every 20,000 blocks
What do you think?
Block reward decreases 13% every 20,000 blocks
What do you think?
February 17, 2014, 08:38:14 PM
OK, I've decided to keep the original 50 Billion coins top. If we want to have credibility we can't change the Max amount, so now I'm deciding how to make the future creation rate:
Our current creation rate looks like this:
https://i.imgur.com/RTY9RIk.png
Maybe we can change it to something like this:
https://i.imgur.com/GReym9Z.png
I'm open to ideas
Our current creation rate looks like this:
https://i.imgur.com/RTY9RIk.png
Maybe we can change it to something like this:
https://i.imgur.com/GReym9Z.png
I'm open to ideas
templar, I'd say just change the equation of the curve so it's less steep, but still keep it an exponential. Although the wave thing (or something else wild) would be fun, it would probably hurt miners and overall interest. Unless it was called wavecoin people wouldn't understand and they'd get angry and loose interest when they barely got anything for mining reward after just having got a bunch. This would similarly effect price. Just a thought, not even totally sure I agree with myself.
February 17, 2014, 08:33:38 PM
Since the name of the coin is Grumpycoin, I think maybe a good application would be to start using it to tip people with bad attitudes or negative comments on forums.
It would be an interesting dynamic because although people would technically be rewarded financially for being rude or pessimistic, the reward would come with a little bit of shame. It's like an oxymoron.
I don't know exactly how it would play out, but a whole bunch of interesting behavior and hopefully lighthearted joking negitivism and tipping could develop. It would be a lot of fun. Bizarro Doge.
I don't know how to start that or make a tipbot or whatever on Reddit, but if someone likes the idea and knows more about how to set it up, I will definitely use some of my grumpycoins to tip haters. Much more fun than downvoting, don't you think?
I like that idea a lot It would be an interesting dynamic because although people would technically be rewarded financially for being rude or pessimistic, the reward would come with a little bit of shame. It's like an oxymoron.
I don't know exactly how it would play out, but a whole bunch of interesting behavior and hopefully lighthearted joking negitivism and tipping could develop. It would be a lot of fun. Bizarro Doge.
I don't know how to start that or make a tipbot or whatever on Reddit, but if someone likes the idea and knows more about how to set it up, I will definitely use some of my grumpycoins to tip haters. Much more fun than downvoting, don't you think?
We need Stan to work on a tip bot for reddit and Youtube
February 17, 2014, 08:32:02 PM
Since the name of the coin is Grumpycoin, I think maybe a good application would be to start using it to tip people with bad attitudes or negative comments on forums.
It would be an interesting dynamic because although people would technically be rewarded financially for being rude or pessimistic, the reward would come with a little bit of shame. It's like an oxymoron.
I don't know exactly how it would play out, but a whole bunch of interesting behavior and hopefully lighthearted joking negitivism and tipping could develop. It would be a lot of fun. Bizarro Doge.
I don't know how to start that or make a tipbot or whatever on Reddit, but if someone likes the idea and knows more about how to set it up, I will definitely use some of my grumpycoins to tip haters. Much more fun than downvoting, don't you think?
I like that idea a lot It would be an interesting dynamic because although people would technically be rewarded financially for being rude or pessimistic, the reward would come with a little bit of shame. It's like an oxymoron.
I don't know exactly how it would play out, but a whole bunch of interesting behavior and hopefully lighthearted joking negitivism and tipping could develop. It would be a lot of fun. Bizarro Doge.
I don't know how to start that or make a tipbot or whatever on Reddit, but if someone likes the idea and knows more about how to set it up, I will definitely use some of my grumpycoins to tip haters. Much more fun than downvoting, don't you think?
February 17, 2014, 08:31:09 PM
I voted for 20 Billion, but I realize after seeing your guys thoughts that I was just being greedy. I just wanted price to go up.
Lowering the planned supply would probably have the opposite effect because of the negative image it brings, and if we have learned anything from other coins, the honest ones have a better chance of succeeding. This coin has a similar feel to doge. It needs to be fun and friendly, people need to trust it and enjoy it.
So, I change my vote 50 billion.
Lowering the planned supply would probably have the opposite effect because of the negative image it brings, and if we have learned anything from other coins, the honest ones have a better chance of succeeding. This coin has a similar feel to doge. It needs to be fun and friendly, people need to trust it and enjoy it.
So, I change my vote 50 billion.
how can anyone say a coin needs to be trusted, and then say change the total limit in the very next sentance. changing anything once released makes investors/users/anyone think that if you change it once whats stopping you changing it again. and the whole store of value theory is lost.
Well no, I'm saying you shouldn't change the total limit, but I think I understand what you're thinking.
It was originally 50 billion and everyone thinks its 50 billion. The dev was saying he found an error in the code that made it actually 20 billion and he was asking if he should just leave it (which would effectively be changing it) or change it to 50 billion (which would effectively be keeping it). That's the way I see it anyway.
And I agree - lets make this as honest and transparent as possible - 50Billion as originaly agreed.
If I could, I would tip you like 100k grumpycoin for supporting and agreeing (a large tip could be good). I would tip franky1 like 1 or 2 grumpycoin, cause he didn't like what I said (although I'm pretty sure it was just misunderstanding). The question is, where is the line from insulting tip to approval tip. I don't know, but it will be fun to find out!
February 17, 2014, 08:28:09 PM
OK, I've decided to keep the original 50 Billion coins top. If we want to have credibility we can't change the Max amount, so now I'm deciding how to make the future creation rate:
Our current creation rate looks like this:
Maybe we can change it to something like this:
I'm open to ideas
Our current creation rate looks like this:
Maybe we can change it to something like this:
I'm open to ideas
February 17, 2014, 08:22:47 PM
I voted for 20 Billion, but I realize after seeing your guys thoughts that I was just being greedy. I just wanted price to go up.
Lowering the planned supply would probably have the opposite effect because of the negative image it brings, and if we have learned anything from other coins, the honest ones have a better chance of succeeding. This coin has a similar feel to doge. It needs to be fun and friendly, people need to trust it and enjoy it.
So, I change my vote 50 billion.
Lowering the planned supply would probably have the opposite effect because of the negative image it brings, and if we have learned anything from other coins, the honest ones have a better chance of succeeding. This coin has a similar feel to doge. It needs to be fun and friendly, people need to trust it and enjoy it.
So, I change my vote 50 billion.
how can anyone say a coin needs to be trusted, and then say change the total limit in the very next sentance. changing anything once released makes investors/users/anyone think that if you change it once whats stopping you changing it again. and the whole store of value theory is lost.
Well no, I'm saying you shouldn't change the total limit, but I think I understand what you're thinking.
It was originally 50 billion and everyone thinks its 50 billion. The dev was saying he found an error in the code that made it actually 20 billion and he was asking if he should just leave it (which would effectively be changing it) or change it to 50 billion (which would effectively be keeping it). That's the way I see it anyway.
And I agree - lets make this as honest and transparent as possible - 50Billion as originaly agreed.
February 17, 2014, 08:21:57 PM
Testing chinese design of the coin.
Do we have any chinese friends around here to confirm it's ok?
Using simplified chinese.
Title above is "Grumpy coin"
To the left "oh no".
To the right: "I hate you"
Below "In Grumpy we trust"
Well I hope you heard of veni vidi vici.
Do we have any chinese friends around here to confirm it's ok?
Using simplified chinese.
Title above is "Grumpy coin"
To the left "oh no".
To the right: "I hate you"
Below "In Grumpy we trust"
Well I hope you heard of veni vidi vici.
title above :爆币
the left:哦，不
the right:我恨你
below: 爆币，我们的信仰
Explosion currency
Oh, and do not
I hate you
Burst currency, our faith
February 17, 2014, 08:17:28 PM
I voted for 20 Billion, but I realize after seeing your guys thoughts that I was just being greedy. I just wanted price to go up.
Lowering the planned supply would probably have the opposite effect because of the negative image it brings, and if we have learned anything from other coins, the honest ones have a better chance of succeeding. This coin has a similar feel to doge. It needs to be fun and friendly, people need to trust it and enjoy it.
So, I change my vote 50 billion.
Lowering the planned supply would probably have the opposite effect because of the negative image it brings, and if we have learned anything from other coins, the honest ones have a better chance of succeeding. This coin has a similar feel to doge. It needs to be fun and friendly, people need to trust it and enjoy it.
So, I change my vote 50 billion.
how can anyone say a coin needs to be trusted, and then say change the total limit in the very next sentance. changing anything once released makes investors/users/anyone think that if you change it once whats stopping you changing it again. and the whole store of value theory is lost.
Well no, I'm saying you shouldn't change the total limit, but I think I understand what you're thinking.
It was originally 50 billion and everyone thinks its 50 billion. The dev was saying he found an error in the code that made it actually 20 billion and he was asking if he should just leave it (which would effectively be changing it) or change it to 50 billion (which would effectively be keeping it). That's the way I see it anyway.
February 17, 2014, 08:10:29 PM
I voted for 20 Billion, but I realize after seeing your guys thoughts that I was just being greedy. I just wanted price to go up.
Lowering the planned supply would probably have the opposite effect because of the negative image it brings, and if we have learned anything from other coins, the honest ones have a better chance of succeeding. This coin has a similar feel to doge. It needs to be fun and friendly, people need to trust it and enjoy it.
So, I change my vote 50 billion.
Lowering the planned supply would probably have the opposite effect because of the negative image it brings, and if we have learned anything from other coins, the honest ones have a better chance of succeeding. This coin has a similar feel to doge. It needs to be fun and friendly, people need to trust it and enjoy it.
So, I change my vote 50 billion.
how can anyone say a coin needs to be trusted, and then say change the total limit in the very next sentance. changing anything once released makes investors/users/anyone think that if you change it once whats stopping you changing it again. and the whole store of value theory is lost.
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