Topic: Claymore's ZCash/BTG AMD GPU Miner v12.6 (Windows/Linux) - page 399. (Read 3839163 times)

http://dwarfpool.com/zec/address?wallet=t1YSP2Bobb5FLQYSiQgLWCH89wsRtViQPTY

http://dwarfpool.com/zec/address?wallet=t1XrDpSBjCmEUQ9s7AEeugLYud8BYV3hw5U

ASIC or private claymore?)))

Does anybody have a proof that private high speed miners exist?

Did you even read what i wrote? There is no buffer, no capital needed, no spend assets. The income miners get is from the pools selling the zcash on the market and only from the market.  "u just buy as much zec as it takes to drive price to desired rate." Please share the quote where i even remotely mentioned that the price is controlled through BUYING it ourselves from the market. Now you are just making up things. Maybe this was just a troll after all?

When you control at least half of the total production and supply (at least 50% of total hashrate) you have something to say about the price. It does matter whether most of the zcash is being sold at 50 dollars or 80 dollars. I a noob considering the complexity and depths of the economics. Though it makes you wonder, just what that makes you. Seriously bro? you run out of arguments and just make some shit up i never said?

You seriously believe market manipulation is socialist controlling? Market manipulation is an every day phenomenon in wall street and all across the globe, usually associated with capitalism. a Full government control of the economy however is associated with planned economy. "If it does not, I produce something else that is more profitable. But I will never pile the stuff to warehouse unless I value it myself and expect to see growing prices" Correct. That is why we all mine zcash. You are basically saying that the right things here: Is the demand strong enough to support those prices? If you watch some of the original posts you see that i assumed the coin dumping to make the zcash price lower than it could be + the buyer demand can be tested through price manipulation. Hence the cartel.

you probably didn´t read my answer to that statement but here it is anyhow:

I never stated that full control of the price can be achieved. It only can be manipulated to the point people still are willing to buy it. Who is allowed to trade or who is not allowed cannot be controlled by any measure these days. Can you share a quote where i stated that? I made a scenario where the price of the currency could be manipulated on the free market. You seriously haven´t heard of what European Unions central bank has been doing for this entire decade? They manipulate the price of the Euro as some may have noticed. As i also stated we would need majority of the network (hashrate) so more than half of the constant supply is still under our control.

Planned economics in soviet union meant that the price of the ruble was not only manipulated but it was fully controlled buy the state no matter the supply or demand. In Europe the price of the Euro is manipulated through a central bank but even them cannot fully decide what it´s price should be . Most of the Europeans still call it a free market. This scenario was an image of the latter.
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So u need to spend assets to drive price higher. Yea, that works but who will pay for that? Pool just gives that away? For that u dont need to control hashrate, u just buy as much zec as it takes to drive price to desired rate. And thats dead bagfull cause selling it will drive price back down.

I'll take ur word that u are absolute noob

Miners get a higher price when the biggest pools sell the mined zcash centralized in the normal marketplaces where they try to manipulate to current price.

There are some same ideas like in the nicehash -system, where you get a share from your hashing power proportionately but you are not necessarily compensated with the coins you were currently mining. The pool will sell the "randomcoins" for you and compensate you with bitcoins. No news here. Though in this scenario we only mine zcash and you are compensated through fiat currencies, for example. That would somewhat reduce the effect of what coin dumping currently has on zcash´s price and maybe give a better share for miners.

Exactly.

To supporters of "controlling" - one simple question - would _you_ buy the stuff for the price it has now? If "no" then why do you think someone else should want?
If there are people, who value this pointless crap, then I am happy to sell it to them as long it covers my production cost. If it does not, I produce something else that is more profitable. But I will never pile the stuff to warehouse unless I value it myself and expect to see growing prices.