Topic: error - page 124. (Read 360507 times)

Opportunistic mine-dumpers? Listen chief the only thing that grants you the ability to shift the coins around is the miners. You invested a bunch of BTC in the coin, congratulations. It takes two to tango.  I decided to gamble on RPC with my hydro bill (out of pocket) and I am renting the farm from my investors at .047 btc a day because this is not a good investment of hashing power. I have faith in the brand however as many people were turned on to fiscal policy by Ron. RPC has one more day to retarget. I will put my hash to the cause to get the coin over the hump at my own cost. After that anyone wanting to rent the 4.1 m/hash can rent it for .047 a day. Hardware and hydro is not free and although I am not losing my shirt I do have investor's interests to look out for. Not doing so makes me an ineffective administrator of their investment. The only value any of these coins have is in the end user's perception of value in the coin. The same is true for any currency. If one of these coins is to work long term it needs to be backed by something tangible. Not generating value out of thin air like the banks already do. Back a premined coin with silver and you will get old money on board.

Anyhow I have read quite enough miner bashing not to chime in. I'm rootin for yah Ron!

Network Info
Difficulty    80.06031858
Est Next Difficulty    14.88709199 (Change in 69 Blocks)
Est. Avg. Time per Block    645.34 seconds
Current Block    12027

Almost 8 hours and still no block found.  -.-

Yeah, so super rare. So rare that you can't even find a block. I dunno, maybe instead of doing 24 hour block time, make it 12 hours or something.

Hey man, you have a right to your opinion and I don't doubt you have good reasons....but flat out the above is false. Nothing has yet been done. Lots of folks are working hard to try to make this coin as much of a tribute to RP as possible and while I understand having concerns don't claim as if everything has been done when it hasn't been.

you want this coin super rare, but you want to mine it pretty easy without any problems.. if you want 1h recalculation, make brand new coin

I think it's time to pipe down and stop all this talk about 'forking', 'diff', etc.

In life there are up and downs, we all go through bad patches and mostly good patches, that's the way life is. Lets just ride this storm out.

Think long term.

Do not hard fork. This is the worst thing you can do. Every coin had difficulty issues in the past. Next retarget will take a few days. So what? The hashrate is still ok. 532 MH right now.

Instead of hard forking, you should try to get some media attention. No matter if its good news or bad news. Even if Ron Paul is going to sue you - the price of the coin will go up.

If you are going to hard fork, I dump all my coins (three-figure).

Try this for now http://muchhash.com/RonPaulCoin-qt.dmg

Hardfork, is that going happen?

Ron Paul Coin is on the news! haha!

This is spreading faster than I thought. Just the fact that she mentioned it on National TV is awesome.

She didn't rip on it, she just said it has no branding (aka nobody knows about it). Then she goes on to say how Bitcoin and Litecoin are more well known. Well OBVIOUSLY RonPaulCoin has no branding-- it's been out for 11 days and is on the News!

I agree. Changing the retarget to an hour does not solve anything. All it does is shifts the parameters of the problem.

Is that really enough of a reason to make an arguably short-sighted fork? Because a few people have done some work already? Unfortunately I have to agree that it's disappointing that you didn't discuss this in the thread to get people's views. I've been active in this thread throughout and would've liked to give my views, as I'm sure others would have too.

The fact that this problem has occurred twice is not reason enough to fork. I believe that if the coin had been marketed better (nothing major, but enough to drive a few more people to the coin to try and up the market cap at a rate that maintains the coin price), then this second dip wouldn't have occurred.

If the coin is marketed further and the dip occurs for a 3rd or 4th time? Then sure, it's time to discuss the difficulty retarget, but a better solution would be that outlined above by vaelrock. Reducing it to an hour solves nothing.

Simple solution. And could be a gimmick or innovation.

Keep diff retarget time linked to spot gold price:

1247(spot gold usd) / 60(min.) = 51.96min diff

If gold increases in value, say to $2000/oz:

2000 / 60 = 33.33min

Just an idea. If gold in the real world goes up in value (which it will as usd fiat is doomed), RPC will be easier and easier to mine. If gold becomes worthless (yea right), RPC will get harder and harder to mine (and to profit from, just like in the real world).

Something Ron would agree with imho.

Obamacoin lmao. I don't think the target audience would know how to purchase or mine it.

I don't know about "trashes", but HAHAHAHAH THE BRAND OF RON PAUL IS TERRIBLE!? Really? I mean this lady obviously knows her stuff but I'm not sure if she's checked congressional or presidential approval ratings lately, I think Ron is better than the lot of them. Try an ObamaCoin or BoehnerCoin? Also has a base of fervent support that is unrivaled. Other than that this was an interesting bit.

HEY! RPC was mentioned on National TV!!!

 http://www.cryptoarticles.com/crypto-news/2014/1/10/msnbcs-the-cycle-discusses-cryptocurrency

This chick completely disses Ron Paul Coin.

Disclaimer: While I love Ron Paul, I have no opinions on this coin.

AMD is surely paying attention, the problem is that the big craze started mid-late November when both Bitcoin and Litecoin prices skyrocketed. To any extent there's not much "ASIC style" they can put on a GPU (and if no ASIC dedicated company was able to create a Scrypt chip, why would a GPU company could?), but they could certainly try profiling their cards against the Scrypt algo and look for low hanging fruit to clear up some bottlenecks if any.

Well, getting a full coin would take a week for me at this difficulty... need to get my new rig up!

I am in a pool. I never solo mine.

There is a simple way to prevent the pain of mine-and-dump.  

All you need to do is limit the difficulty adjustment to (say) 5 or 10 percent.  Here's how it works....

One day, your difficulty drops low enough that you are suddenly "the most profitable coin to mine" and a skillion GH/s jump on board.  They mine the hell out of your coin until the next difficulty adjustment (targeted for 24 hours, but they're likely to solve that many blocks in 1 or 2 hours if they so far outclass the regular miners).  The diff adjustment happens, and your difficulty goes up -- but it goes up just 5 or 10 percent.  You are probably no longer the "most profitable coin to mine" so the mine-n-dump miners all jump on a different coin, leaving you with approximately the hash power you had before, and 5 or 10 percent higher difficulty.  So now, instead of your two-minute average block times you're looking at two-minute-and-six-second block times (5% adjustment) or two-minute-and-twelve-second block times (10% adjustment).  And while the rapid mining hour or two may be pretty silly,  the longer-term effects are minimally disruptive.  

Remember, all the mine-n-dumpers just want to jump on the "most profitable coin" immediately, and jump off it again immediately when some other coin takes that slot.  Getting 5% or 10% harder to mine will usually take you out of the target slot just as effectively as getting 1000% harder to mine, and if the higher hash rate is not sustained, will do so far less disruptively to regular users.  If one adjustment doesn't get rid of them, two almost certainly will -- especially because the coins these clowns aren't mining will be lowering difficulty in the intervening time.  

Solo-mining? That will take you forever to find a coin. Join a pool instead.

I started mining 4 hours ago, still haven't found a coin.

What the fuck....