Topic: Curecoin only 1 year behind Bitcoin! (Read 1529 times)

Quote from: Amph on May 26, 2014, 10:20:00 AM

I am not aware of Curecoin and curious how much its price now. I wonder if it will be worth it to mine Curecoin using mining services like Genesis mining with its current value.

you make like 7 curecoin with one 290 , a day, its good for amd card, but i dunno if the profit dropped right now or is still 7 x 290

Thanks, how much is 1 Curecoin in dollars?

like 1/1000 of btc so 1/1000 of $581 = 581/1000 = 0.581 we can round to $0.6

BTC is now $581?! WOW! Grin

cameronpalte

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Quote from: martinnew on May 26, 2014, 09:57:25 AM

Quote from: martinnew on May 26, 2014, 09:57:25 AM

I am not aware of Curecoin and curious how much its price now. I wonder if it will be worth it to mine Curecoin using mining services like Genesis mining with its current value.

you make like 7 curecoin with one 290 , a day, its good for amd card, but i dunno if the profit dropped right now or is still 7 x 290

Thanks, how much is 1 Curecoin in dollars?

like 1/1000 of btc so 1/1000 of $581 = 581/1000 = 0.581 we can round to $0.6

So you would make $4.20 a day. And the price of BTC & Cure are both increasing some while the amount of curecoin you get a day is holding kind stable.

Amph

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I am not aware of Curecoin and curious how much its price now. I wonder if it will be worth it to mine Curecoin using mining services like Genesis mining with its current value.

you make like 7 curecoin with one 290 , a day, its good for amd card, but i dunno if the profit dropped right now or is still 7 x 290

Thanks, how much is 1 Curecoin in dollars?

like 1/1000 of btc so 1/1000 of $581 = 581/1000 = 0.581 we can round to $0.6

martinnew

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I am not aware of Curecoin and curious how much its price now. I wonder if it will be worth it to mine Curecoin using mining services like Genesis mining with its current value.

you make like 7 curecoin with one 290 , a day, its good for amd card, but i dunno if the profit dropped right now or is still 7 x 290

Thanks, how much is 1 Curecoin in dollars?

Amph

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Quote from: SirChiko on May 26, 2014, 03:29:21 AM

I am not aware of Curecoin and curious how much its price now. I wonder if it will be worth it to mine Curecoin using mining services like Genesis mining with its current value.

you make like 7 curecoin with one 290 , a day, its good for amd card, but i dunno if the profit dropped right now or is still 7 x 290

martinnew

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I am not aware of Curecoin and curious how much its price now. I wonder if it will be worth it to mine Curecoin using mining services like Genesis mining with its current value.

cookiemonster7

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Cookie...Cookie.

Quote from: Onelove128 on May 26, 2014, 02:56:01 AM

Bitcoin helps the world by releasing the masses from oppression of ruling elite.

Shitcoin however well meaning actually in the big picture damage that progress.

if you cared about the world generally you would stop releasing shitcoins like curecoin.

Shots have been fired Roll Eyes

..... He Seems Disgruntled.....

SirChiko

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Quote from: Onelove128 on May 26, 2014, 02:56:01 AM

Bitcoin helps the world by releasing the masses from oppression of ruling elite.

Shitcoin however well meaning actually in the big picture damage that progress.

if you cared about the world generally you would stop releasing shitcoins like curecoin.

Shots have been fired Roll Eyes

r3animation

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Quote from: Onelove128 on May 26, 2014, 02:56:01 AM

Bitcoin helps the world by releasing the masses from oppression of ruling elite.

Shitcoin however well meaning actually in the big picture damage that progress.

if you cared about the world generally you would stop releasing shitcoins like curecoin.

Perhaps you should read up more.

Onelove128

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Bitcoin helps the world by releasing the masses from oppression of ruling elite.

Shitcoin however well meaning actually in the big picture damage that progress.

if you cared about the world generally you would stop releasing shitcoins like curecoin.

cookiemonster7

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Cookie...Cookie.

Though I am very enthusiastic of curecoin, the speed of mining hardware was not the same and has grown since the date you state, I believe there should be more talk of curecoin as it has achieved something significant but let's not exaggerate and have it come back as just hype.

LET'S GO CURECOIN

wadili89

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another shitcoin to take people's money with excuses of cancer

cameronpalte

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Quote from: DeathAndTaxes on May 25, 2014, 09:22:59 PM

Quote from: cameronpalte on May 25, 2014, 07:08:34 PM

Except their is a limit to how secure you need the network to be.

I don't think most people would agree. Nobody knows for sure how secure is secure enough. Being a little too secure never hurt anyone but being a little short of secure enough would be bad. Still even if you are right and CureCoin has enough security (it doesn't the 51% attack costs are negligible) then it simply has a higher inflation rate (and thus loss of purchasing power) for miners than under a similar system where free coins weren't handed out. Folding does nothing to secure the network, it is simply free coins that reduce the value of the coins earned by miners.

Except they are not free coins because they still need to be earned through folding. I know folding does nothing to secure the network, but it helps put meaning behind the coin to know that 80% of each coin you own was generated by computers working to cure major diseases.

DeathAndTaxes

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Gerald Davis

Quote from: cameronpalte on May 25, 2014, 07:08:34 PM

Except their is a limit to how secure you need the network to be.

I don't think most people would agree. Nobody knows for sure how secure is secure enough. Being a little too secure never hurt anyone but being a little short of secure enough would be bad. Still even if you are right and CureCoin has enough security (it doesn't the 51% attack costs are negligible) then it simply has a higher inflation rate (and thus loss of purchasing power) for miners than under a similar system where free coins weren't handed out. Folding does nothing to secure the network, it is simply free coins that reduce the value of the coins earned by miners.

cameronpalte

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Quote from: DeathAndTaxes on May 25, 2014, 04:56:36 PM

Quote from: cameronpalte on May 25, 2014, 04:45:09 PM

Quote from: DeathAndTaxes on May 25, 2014, 03:27:25 PM

Quote from: cameronpalte on May 25, 2014, 03:25:06 PM

Quote from: cameronpalte on May 25, 2014, 04:45:09 PM

what is unique about curecoin that sets it out amongst the hundreds of other alt coins?

the transaction and coin side is the same but instead of you guys just doing worthless calculations to get your coins it uses the calculations to do something useful - finding a cure for major diseases through protein folding.

Except that is not true. Only the "worthless calculations" secure the network. Unrelated to that the protocol pays non-miners to perform protein folding however that contributes nothing to securing the network.

What's wrong with this system. The network is secure and you help the world.

Nothing is wrong with it but the helping the world doesn't secure the network. The network is LESS secure than it would be if miners (the ones actually securing the network received all the compensation). Everything else being equal the network will be easier and cheaper to attack. Secure isn't a binary value. It isn't secure vs insecure. It is how much security the network has, how much it would cost an attacker to attack it. Any revenue diverted from security means the network will be less secure.

Except their is a limit to how secure you need the network to be. Bitcoin probably doesn't have a noticeably less risk of attack now than it did when it was GPU mined in fact the risk may even be higher now because of large companies with huge networks.

DeathAndTaxes

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Gerald Davis

Quote from: DeathAndTaxes on May 25, 2014, 03:27:25 PM

Quote from: cameronpalte on May 25, 2014, 03:25:06 PM

Quote from: DeathAndTaxes on May 25, 2014, 03:27:25 PM

what is unique about curecoin that sets it out amongst the hundreds of other alt coins?

the transaction and coin side is the same but instead of you guys just doing worthless calculations to get your coins it uses the calculations to do something useful - finding a cure for major diseases through protein folding.

Except that is not true. Only the "worthless calculations" secure the network. Unrelated to that the protocol pays non-miners to perform protein folding however that contributes nothing to securing the network.

What's wrong with this system. The network is secure and you help the world.

Nothing is wrong with it but the helping the world doesn't secure the network. The network is LESS secure than it would be if miners (the ones actually securing the network received all the compensation). Everything else being equal the network will be easier and cheaper to attack. Secure isn't a binary value. It isn't secure vs insecure. It is how much security the network has, how much it would cost an attacker to attack it. Any revenue diverted from security means the network will be less secure.

cameronpalte

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Quote from: cameronpalte on May 25, 2014, 03:25:06 PM

Quote from: cameronpalte on May 25, 2014, 03:25:06 PM

what is unique about curecoin that sets it out amongst the hundreds of other alt coins?

the transaction and coin side is the same but instead of you guys just doing worthless calculations to get your coins it uses the calculations to do something useful - finding a cure for major diseases through protein folding.

Except that is not true. Only the "worthless calculations" secure the network. Unrelated to that the protocol pays non-miners to perform protein folding however that contributes nothing to securing the network.

What's wrong with this system. The network is secure and you help the world.

DeathAndTaxes

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Gerald Davis

what is unique about curecoin that sets it out amongst the hundreds of other alt coins?

the transaction and coin side is the same but instead of you guys just doing worthless calculations to get your coins it uses the calculations to do something useful - finding a cure for major diseases through protein folding.

Except that is not true. Only the "worthless calculations" secure the network. Unrelated to that the protocol pays non-miners to perform protein folding however that contributes nothing to securing the network.

cameronpalte

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Activity: 294

Merit: 250