Topic: [GPUC] GPU Coin | Mandatory Wallet Update - page 100. (Read 421398 times)

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I'm not sure exactly what you mean.

Surely the price of GPUC can go to whatever the market pushes it to.

If in the unlikely event it went up to say 0.001 BTC you would then need only 800 GPUC to purchase a 280x using the above figures.

800 x 0.001 = 0.8 BTC you would never pay more than what the graphics card is worth BTC/GPUC/$ value

Given that the shop haven't announced any prices yet, still to early, people can push the price as much as they can. The sell order has very small ammount, if mining adjust and keeps going high all the early miners and investors will make a heftly profit. Until the first batch of sales goes out the market is runned by the miners/traders, after that the GPUC Company will have the coins to dump into the market. And for them to make a profit as a company they would have to dump at a higher price then what they charged for the coin so even then the price must go up.

Overall think of it just like whole blackcoin multipool, the shop will make it so the buyorders will always be there and any dumps in price can and will be addressed because of the market.

What has made this coin all of a sudden pick up. I am lost.. did i miss something.

And she's off with a hiss and a roar.. yeha

I've translated this post into Hebrew, I'll keep an eye on any updates which happen on the main page to add to the translation.

[הכרזה][GPUC] !ג'י-פי-יו קוין | פתיחת חנות ביום ראשון

Just thought I would post this calculation to show why I believe GPUC will be a success and will be used by people who haven't even mined any.

I pulled all the figures off crypto-rush exchange about 20 mins ago.

So lets say you have only just heard of GPUC and your balance is at 0

Current BTC price is around $600

According to the front page the selling price of a R9 280x will be $480 which is 0.8 BTC

At the current price of 0.00000029 you will need 2,758,620 GPUC to purchase a 280x

As the price is going to be directly linked to the exchange, as the price in GPUC/BTC goes up the amount of GPUC you will need comes down.

Buy 323,814.75 GPUC at 0.00000029 = 0.09390268 BTC
Buy 137,152     GPUC at 0.00000030 = 0.04114560 BTC
Buy 50,000       GPUC at 0.00000031 = 0.01550000 BTC
Buy 30,000       GPUC at 0.00000033 = 0.00990000 BTC
Buy 100,964.12 GPUC at 0.00000034 = 0.03432780 BTC
Buy 502,354.18 GPUC at 0.00000035 = 0.17582397 BTC
Buy 667,799.73 GPUC at 0.00000036 = 0.24.4.790 BTC
Buy 25,820.54  GPUC at 0.00000037 = 0.00955360 BTC
Buy 35,000      GPUC at 0.00000038 = 0.01330000 BTC
Buy 58,240      GPUC at 0.00000039 = 0.002271393 BTC

Now as you have pushed the price up to 0.00000039 you will only need a total of 2,000,000 GPUC at 0.00000040 to purchase a 280x

Buy 68,853.85 GPU at 0.00000040 = 0.02754154 BTC


So you now have a total of 2,000,000 GPUC enough to purchase your 280x

Where this gets interesting is when you add up how much it has cost you in BTC to purchase those 2,000,000

you will need to spend 0.6636 BTC which is roughly $398 that's $82 cheaper than if you bought from the store directly in $

This is only an example, and once things get up and running properly, there will be more volume on the exchange, and you may only push the price from say 0.00000029 up to 0.00000034
to get you desired amount of GPUC but the same principle applies.

That price will have to go up gradually for a number of reasons. First, difficulty, has to rise within a reasonable time frame of a price change or it will go back down. BTW, diff. has spiked almost 50% today, along with the price. The other is IPO holders and whales that just want some reasonable return and onto the next thing. You know, unbelievers. lol It won't be long at all tho and the ones not in it for the longer term will have sold cheaply, and cuss themselves later. 25 satoshis was the needed price point for IPO holders to break even, so the weak-willed will dump at first sign of a stall and then afterwards, liftoff! Right now the rockets are only test firing I believe.

waltsmith

P.S. A quick off the hip marketcap calculation is about ~115k-130k USD at the present time.

I doubt the whales/investors will be ok with this price. I bet they will raise the price to get a better exchange ratio! It takes like what almost 2 btc to get the price to 60 sat and about the same to keep it, since people are mostly holding their coins atm anyhow.

So looks like about 2.7 - 2.8 million GPU to buy 1 x R9 280X at the current rate of $0.00017486 USD / GPUC

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It's happening! Hurrah! Up 50% today! Must fight urge to invest everything

https://www.cryptorush.in/index.php?p=trading&m=GPUC&b=BTC

If you are mining at dedicated pool, please move, there is a dangerous level of hash there.
Hashfever is a great pool, suprnova, oak, and of course p2pool is an option. Don't want
any forking, double spending, or 51% attack.
Thanks

try setting up a difficulty for your worker (your address+diff on login) check this: http://crypto.mine.bz:9404/static/Howto.html

PM me offer

BTC keep dropping like it is now.  A lot..

i mined these coins for the fun of it hoping I would wake up and be a millionaire over night.. needless to say it didn't happen.

Ive got a couple million for sale if anyone is going to buy them a new GPU.   Make me a offer!

These things are not on any exchanges i use or i would just get rid of them that way and will entertain any offer! im very fond of ECC if you own any!

keeping this coin in the back of my mind, excited for the gpu store to open, should be huge. good luck

Possibly been asked already but what's the starting price in GPUcoins for an R9 280X ? How many million ?

 

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