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Topic: [ANN][MAX] MAXcoin - PoW, ASIC Resistance, Keccak GPU Mining - page 529. (Read 914218 times)

YSH
newbie
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Merit: 0
What is taking them so long to adress Botnets?

full member
Activity: 224
Merit: 100
Quote
Bitcoin ASICs and the upcoming Scrypt ASICs useless on the coin
Very interested in this CPU coin Smiley

it will only be cpu until someone can configure a gpu miner after launch.
legendary
Activity: 1344
Merit: 1001
Quote
Bitcoin ASICs and the upcoming Scrypt ASICs useless on the coin
Very interested in this CPU coin Smiley
newbie
Activity: 56
Merit: 0


RIGHT BEHIND YOU MAX!!!

Do you guys REALLY think Max needs to launch his own coin?... The simple answer is NO... he has bigger fish to fry and bigger concerns to deal with.

He's probably the ONLY person alive today on the planet who understands exactly what is going on and how to effect the market.
This is good for you and it it is good for me as we are in 'safe' intelligent hands.

He is the champion of the people as he holds no punches and tells it how it is without worrying about being politically correct or offending those in power.

He uses his notoriety to cut through the bullshit we are normally fed.

His main message is that crypto will eventually erode the FIAT market and take the power away from the bankers and rich, who have up until this point had control of global finances and the money system... that system is in turn holding the world to ransom and responsible for raping the natural resources which are mankind's precious legacy if used with responsibility.

However, in the order we have today an elite mega wealthy is in the process of plundering and squandering the most valuable assets we have... not digital currency but the natural resources of the planet. As a species at the top of the food chain we are collectively responsible for the custodianship and distribution of those resources and Max is highlighting the that crypto is one of the keys to re-distributing that wealth and collectively (and responsibilty) looking after the planet's legder book. Member's of this forum are mainly only here from the 'coin' angle but If you follow Max and Stacey's broadcasts, alt coins are just the beginning of this process as crypto allows for a transparent ledger that can be applied across all trading, wealth acquisition and resource distribution.

The Bigger Picture
What people are forgetting here is that this thread and the arguments and concerns being raised are valid but TINY in the bigger picture... so everyone needs to get this in perspective.

Has anyone noticed that this planet is being RAPED of natural resources, to an extent that it will wipe out our species within a few decades, if not sooner.

Max and the RT channel are currently the only media organisation in the world who have a daily grasp on this. Max is part of a team that is at the forefront of bringing this to the world's attention... so do you really think he's launching this coin to make a few bucks when he is ONLY too aware that there are major issues at stake that eclipse the short term gain of making a bit of money on this ALT.

Get real... Max is tuned in to bigger things... he's spreading the news about ALT as a way to counter balance the grip that the mega rich currently have on raping this planet... and even in the event this becomes a pump and dump everyone needs to chill and understand what he is doing in the context of the bigger picture.

The world as we know it... cosey homes and time wasted on the internet day trading ALT coins is soon going to be a nostalgic thing of the past when the winds start blowing at 250 miles per hour and the ice caps start melting...

Who is responsible for this madness... the people in control of the wealth who frack, plunder the natural resources to build cars that need fuel, that burn up the last of the earth's fragile eco-system.

Now where does Max fit in to counterbalancing this madness while the top 1% of humanity are driving us like lemmings to the cliffs edge... he's on the team of reporters who is holding up a big banner saying 'for f*** sake, let's stop this madness NOW!'

The coin can ONLY give ALTs and crypto more publicity and if that gives him more power to shout louder and be more influential he gets my support and I'm his number one fan for having the balls to do it.

The DEVS made a very good strategic move... delaying the launch... it gives them time to hear the issues being raised and act upon them, prepare a few more extended services and features. I think, rather than dis them, anyone who has time and programming skills should get right behind these guys and make sure this coin is a big success... yes they are college graduates on a learning curve and just entering crypto, but rather than moan and hate and be skeptical understand the bigger picture here... success of this coin will make the world, the powers that be, stand up and listen to a guy who is intelligently flying a flag for us at the cutting edge of common sense... and along with his RT colleagues, Truth Seeker, Stacey, Abby et al, using air time to keep the most important issues of our time at this unique moment in history, alive and broadcast daily in to our living rooms.

Programmers – Get Behind The Coin and Support it to the MAX!
Please guys, if you are programmers and can see flaws then help trouble shoot... if you can help give value to the coin by intelligent suggestions and programming then get on the case and support the DEVs... but for F***s sake stop the negativity as there are bigger issues at stake here that we need to tune in to and appreciate.

If you are reading this Max... please PM me as I want to help...
Check out my thread (Link Below) on Tips For Successfully Branding Your Alt Coin... the logo needs a good tweak, render and polish... I'll start with that! I offered the guys over at Lottocoin the same service before they launched for 3 bitcoin (they stupidly turned it down) but I'll do it for free for you!

https://bitcointalksearch.org/topic/branding-your-alt-coin-tips-advice-and-discussion-thread-390797

PS pls address the issue of botnets being raised here and add it to the OP as it seems like a an ongoing valid concern.







full member
Activity: 167
Merit: 100
I'm not just posting here as a way to watch this thread. That would be a selfish action that would waste all of your time and I would never do that!

Eff it... that's exactly what I'm doing.
sr. member
Activity: 392
Merit: 250
reserved for this cpu-coin
member
Activity: 99
Merit: 10
I'm not just posting here as a way to watch this thread. That would be a selfish action that would waste all of your time and I would never do that!
newbie
Activity: 21
Merit: 0
Will I be able to mine this with my CPU while I'm mining other coins with my GPUs?
legendary
Activity: 2086
Merit: 1001
sly reference attempt!!
Gb
newbie
Activity: 37
Merit: 0
If anyone has got a mouthpiece for shouting about their new currency, it's Max.

Good luck to him!!

Grab some Maxcoin while it's cheap! https://www.coins-e.com/?ref=6336532906508288
newbie
Activity: 11
Merit: 0

I wanted to check how long it would take to get to the max, it is halving every 12 months, with that, we get to 1 maxcoin per year in 28 years...

Year   Per 12 months   Cumulative
1   100,915,200   100,915,200
2   50,457,600   151,372,800
3   25,228,800   176,601,600
4   12,614,400   189,216,000
5   6,307,200   195,523,200
6   3,153,600   198,676,800
7   1,576,800   200,253,600
8   788,400   201,042,000
9   394,200   201,436,200
10   197,100   201,633,300
11   98,550   201,731,850
12   49,275   201,781,125
13   24,638   201,805,763
14   12,319   201,818,081
15   6,159   201,824,241
16   3,080   201,827,320
17   1,540   201,828,860
18   770   201,829,630
19   385   201,830,015
20   192   201,830,208
21   96   201,830,304
22   48   201,830,352
23   24   201,830,376
24   12   201,830,388
25   6   201,830,394
26   3   201,830,397
27   2   201,830,398
28   1   201,830,399




I've came to the same observation.
Considering the reported parameters, final supply won't never reach the 250 000 000 coins announced.
Nobody else is questioning this Huh
sr. member
Activity: 252
Merit: 250
Coin Developer - CrunchPool.com operator
There will be SHA3 ASIC soon..
http://rijndael.ece.vt.edu/sha3/sha3chip.html
Max and his guys were talking about the high entrylevel for Bitcoin and that MaxCoin would differ from that.. It will in the first few weeks but the project above ain't started yesterday..
It's worse on every aspect. It differs, for the worse. I'm still wondering what they're smoking.
member
Activity: 84
Merit: 10
There will be SHA3 ASIC soon..
http://rijndael.ece.vt.edu/sha3/sha3chip.html
Max and his guys were talking about the high entrylevel for Bitcoin and that MaxCoin would differ from that.. It will in the first few weeks but the project above ain't started yesterday..
newbie
Activity: 22
Merit: 0
As much BTC as Max has, why would he give a fuck to spend all this time just to get some meager pump and dump returns?  There are plenty of other chances to just fuel a coin of his choosing, meow, without wasting his own VC and time.  Max is a little more intelligent than Fontas, If he's going to fuck us over its going to be something more clever than another moon coin.  Don't throw the baby out with the bathwater yet.  
Max is  in the news business and he not only creates news, he makes news himself, ever since the credit crisis he has been on a crusade against the banks, that of course caused the credit crisis, when they gambled away their clients money, they had to be bailed out with taxpayer money and newly created FIAT. So I would say max does seem to have a mission against the banksters.

But at the same time I have no doubt he is profiting himself from his mission. when he was promoting gold and silver when the credit crisis hit, at the same time he was doing that he had many referal links on his site to companies that were selling gold and silver.

In those days he was running a buy physical silver, crash JP morgan campaign and well the links to where to buy the physical silver were right on his website, with his referral in it of course.

It seems when the gold and silver market was at it's all time high, Max switched from gold and silver to bitcoin, he made no secret about it that he owned a lot of bitcoin himself, he has even said that it feels good to be a bitcoin millionaire.

He then started to promote other cryptocoins, first litecoin, then Quark , then coinye coin, when he first announced keiser coin, he said something about a race between coinyecoin and keisercoin. He then went on to kittencoin and set it up for a race with Dogecoin, so he was also promoting Doge at the same time.

I have little doubt in my mind that Max Keiser infact owned  all of the coins before he started pumping them and that he is doing 2 things at the same time, one he is on a crusade against the banksters as he calls them and two he is profiting form it himself while he is doing that, sometimes I doubt whether he really believes in the success  of his crusades against the banks and that he might just all be doing this for his own personal gain.

Like why would Max launch a new coin for a little pump and dump ? well he creates news, that is also his business, like hey launching a new cryptocurrency on TV, with the "LIVE " generation of the genesis block, that failed by the way.

Max is a trained wall street trader with loads of experience in pumping and dumping, old habits die hard I guess.

The thing is though he has a big audience, he is on Russia today and Iranian TV and he has the ability to sell cryptocurrencies to a lot of people and thus has the ability to pump and I have no doubt this coin will be pumped big time even more then quark.

So If I see an opportunity to mine a good deal myself, I am not going to let it pass, like if I can get my hands on a GPU miner, If there is not going to be A GPU miner for me to use, I think I am going to have to pass on this coin, because with the couple of CPU's that I have I don't think I am going to do well competing with the botnets, I have had that experience before and it was just not worth it.

Very good points.  I tend to like Max because a period I made a great deal of money in is associated with watching a lot of his stuff. 
member
Activity: 112
Merit: 10
Someone make a new MaxCoin.. not making it scrypt is just plain stupid. This coin is for botnets and asic farms.. nothing else. Move on.
Also it's ASIC resistant so it won't work on any of the currency asics.

Nonsense. There is no reason to believe SHA 3 is ASIC resistant

So can I mine this with my 4 USB Block Erupters or not?
no they can only mine SHA-256 coins , but new ASICS could be developed easily to mine SHA-3 coins
hero member
Activity: 784
Merit: 501
Someone make a new MaxCoin.. not making it scrypt is just plain stupid. This coin is for botnets and asic farms.. nothing else. Move on.
Also it's ASIC resistant so it won't work on any of the currency asics.

Nonsense. There is no reason to believe SHA 3 is ASIC resistant

So can I mine this with my 4 USB Block Erupters or not?
hero member
Activity: 644
Merit: 500
Someone make a new MaxCoin.. not making it scrypt is just plain stupid. This coin is for botnets and asic farms.. nothing else. Move on.
Also it's ASIC resistant so it won't work on any of the currency asics.

Nonsense. There is no reason to believe SHA 3 is ASIC resistant

http://keccak.noekeon.org/

Keccak excels in hardware performance, with speed/area trade-offs, and outperforms SHA-2 by an order of magnitude. See for instance the works of Gürkaynak et al., Gaj et al., Latif et al., Kavun et al., Kaps et al. and Jungk presented at the Third SHA-3 Candidate Conference."

SHA 3 was designed by the creators to be efficient in hardware.

global moderator
Activity: 3934
Merit: 2676
Join the world-leading crypto sportsbook NOW!

 He's going to become a cryptotoll.



Wtf is a cryptotoll, when it's at home?  Huh Huh

a cryptotroll* haha. I'm tired.
member
Activity: 112
Merit: 10
As much BTC as Max has, why would he give a fuck to spend all this time just to get some meager pump and dump returns?  There are plenty of other chances to just fuel a coin of his choosing, meow, without wasting his own VC and time.  Max is a little more intelligent than Fontas, If he's going to fuck us over its going to be something more clever than another moon coin.  Don't throw the baby out with the bathwater yet.  
Max is  in the news business and he not only creates news, he makes news himself, ever since the credit crisis he has been on a crusade against the banks, that of course caused the credit crisis, when they gambled away their clients money, they had to be bailed out with taxpayer money and newly created FIAT. So I would say max does seem to have a mission against the banksters.

But at the same time I have no doubt he is profiting himself from his mission. when he was promoting gold and silver when the credit crisis hit, at the same time he was doing that he had many referal links on his site to companies that were selling gold and silver.

In those days he was running a buy physical silver, crash JP morgan campaign and well the links to where to buy the physical silver were right on his website, with his referral in it of course.

It seems when the gold and silver market was at it's all time high, Max switched from gold and silver to bitcoin, he made no secret about it that he owned a lot of bitcoin himself, he has even said that it feels good to be a bitcoin millionaire.

He then started to promote other cryptocoins, first litecoin, then Quark , then coinye coin, when he first announced keiser coin, he said something about a race between coinyecoin and keisercoin. He then went on to kittencoin and set it up for a race with Dogecoin, so he was also promoting Doge at the same time.

I have little doubt in my mind that Max Keiser infact owned  all of the coins before he started pumping them and that he is doing 2 things at the same time, one he is on a crusade against the banksters as he calls them and two he is profiting form it himself while he is doing that, sometimes I doubt whether he really believes in the success  of his crusades against the banks and that he might just all be doing this for his own personal gain.

Like why would Max launch a new coin for a little pump and dump ? well he creates news, that is also his business, like hey launching a new cryptocurrency on TV, with the "LIVE " generation of the genesis block, that failed by the way.

Max is a trained wall street trader with loads of experience in pumping and dumping, old habits die hard I guess.

The thing is though he has a big audience, he is on Russia today and Iranian TV and he has the ability to sell cryptocurrencies to a lot of people and thus has the ability to pump and I have no doubt this coin will be pumped big time even more then quark.

So If I see an opportunity to mine a good deal myself, I am not going to let it pass, like if I can get my hands on a GPU miner, If there is not going to be A GPU miner for me to use, I think I am going to have to pass on this coin, because with the couple of CPU's that I have I don't think I am going to do well competing with the botnets, I have had that experience before and it was just not worth it.
newbie
Activity: 22
Merit: 0
As much BTC as Max has, why would he give a fuck to spend all this time just to get some meager pump and dump returns?  There are plenty of other chances to just fuel a coin of his choosing, meow, without wasting his own VC and time.  Max is a little more intelligent than Fontas, If he's going to fuck us over its going to be something more clever than another moon coin.  Don't throw the baby out with the bathwater yet. 

What time does he have to spend? All he has to do is mention in in his vids or make a few tweets. He's just enjoying the attention. He's going to become a cryptotoll.

Anything is possible.  His credibility in crypto is at stake with this coin.  He'll either be Adam Smith or Billy Mays.  I just have to believe he understands there is more wealth to be had with long term value than there is in a ponzi.  I'm wrong about half the time.  
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