Author

Topic: [GPUC] GPU Coin | Mandatory Wallet Update - page 144. (Read 421398 times)

newbie
Activity: 36
Merit: 0
Quote

Many stores sell hardware with bitcoin.  I would not have invested in this.

This is an idea that creates a new niche - and since it is one of the first I believe it will be successful.

"crapcoins" are coins that have nothing supporting it, no real service - this is definitely not one of them.

+1. It is a viable economic model in which transaction fees, taxes and many other costs associated with buying/selling of video cards. I think this coin is going to do well.

+1. Look at the dedicatedpool... got over 1500 miners working yesterday, and now down to ~500... They all see the profit...
hero member
Activity: 756
Merit: 500
Received my IPO, I will hold it, it will be multiplied, I believe that after several times of failure still fail team will this coin to new heights!
member
Activity: 98
Merit: 10
Quote

Many stores sell hardware with bitcoin.  I would not have invested in this.

This is an idea that creates a new niche - and since it is one of the first I believe it will be successful.

"crapcoins" are coins that have nothing supporting it, no real service - this is definitely not one of them.

+1. It is a viable economic model in which transaction fees, taxes and many other costs associated with buying/selling of video cards. I think this coin is going to do well.
legendary
Activity: 2688
Merit: 1240


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Miners, hop in and spread the hash!


sr. member
Activity: 602
Merit: 295
Hail Eris!
if their store release then with reasonable gpucoins heck the value will skyrocket!  Grin

The prices are going to be the market value of GPUc for BTC. In other words, the CEO could have opened his ship and just sold his video cards via BTC instead of stringing us along into mining his crapcoin to trade for the BTC equivalent of GPUs  Roll Eyes

Many stores sell hardware with bitcoin.  I would not have invested in this.

This is an idea that creates a new niche - and since it is one of the first I believe it will be successful.

"crapcoins" are coins that have nothing supporting it, no real service - this is definitely not one of them.
full member
Activity: 168
Merit: 100
if their store release then with reasonable gpucoins heck the value will skyrocket!  Grin

The prices are going to be the market value of GPUc for BTC. In other words, the CEO could have opened his ship and just sold his video cards via BTC instead of stringing us along into mining his crapcoin to trade for the BTC equivalent of GPUs  Roll Eyes
STT
legendary
Activity: 4102
Merit: 1454
Is the block reward on this coin linear, 20k always ?
member
Activity: 121
Merit: 10
if their store release then with reasonable gpucoins heck the value will skyrocket!  Grin
tjc
full member
Activity: 145
Merit: 100
IPO received. Still mining. Will be buying gpu ('s) when the store opens.
well...as IPO you paid for your gpu (nothing revolutionary in getting a gpu you paid for)

Well done. You understood my post.
legendary
Activity: 1400
Merit: 1050
IPO received. Still mining. Will be buying gpu ('s) when the store opens.
well...as IPO you paid for your gpu (nothing revolutionary in getting a gpu you paid for)
legendary
Activity: 1140
Merit: 1000
The Real Jude Austin
IPO has been received, yay!

I plan to hold these for awhile.
tjc
full member
Activity: 145
Merit: 100
IPO received. Still mining. Will be buying gpu ('s) when the store opens.
legendary
Activity: 1400
Merit: 1050

Everyone get ready for the end of this coin. Price will be under 10 very shortly. Maybe this coin will last longer than HORSE (only lasted 10 hours)

LMAO at TROLL, The IPO holders have been waiting for weeks, there is no buy pressure on new coin on small exchange and price is low. No one is selling a nickel of IPO fool

waltsmith

those are not a troll but a truth.
This coin is binded to the amount of GPU purchased by the BTC from IPO, no way the potato CEO will pour his $ outta his pocket to get more hardware.
Assume there's 72 BTC worth of IPO, and due date of store opening there will be 800Mil GPUCoin (400M from premine and 400from 2 weeks mining). 72 BTC/800 mil GPUC is 0.00000009 , so you ought to got 9.5 Mil GPUc to order 0,86 BTC worth of R9 290 if that's you guys are aiming for.
at this rate and time ipo member already lost 1/2 of their real IPO value, no way for a healthy minded ppl to keep their ipo vapor meaning as dump will happen soon.

sorry to awake everybody from your nice dream, but i couldn't stand to watch greenhorn like me getting punk'd by greedy ppls.


but crypto world well known to make money out of thin air, 10x(as in for now), 20x, or 100x of this coin real value at exchange is possible. yes is okay to keep the faith, but keep it at a reasonable lvl guys  Undecided
any excess from this coin real value at store opening will be the fuel for the CEO to buy more VGA.



You're obviously new to cryptocurrencies since you're missing the big picture. All cryptocoins are initially worthless. The value of a cryptocoin is tied to its real-world applications. In this case, the fact that someone can potentially buy graphics cards with their coins is fueling the value of GPUcoins. The value may not be substantial at first, but the realization that the business model started by the OP can be financially supported by the value of GPUcoins may eventually prompt other merchants to adopt the same business model or just accept the coins for their own services and goods. If things go well, then the coins themselves will hold a decent economic value. If not, then that's a risk that speculators have already come to accept. It's the same thing as speculating on collectibles -- you might find some rich person willing to buy them for a million each someday, or you might not. For GPUcoins though, you already have a community supporting the coins so the value itself is irrelevant. If you're saying that the IPO conversion value from the BTC amount is not worth it, then that's a misunderstanding of how free markets work. The IPO is helping the business model succeed so that the coins may eventually increase in value. If you're saying that a coin needs to have a high initial value to be worth investing in, then you obviously are not ready to join the cryptocurrency community. Not all coins need IPOs to be successful, but there are reasons to invest in IPOs that go beyond getting back enough coins to dump into an exchange and make a quick profit.

TLDR: Not everyone is a scamdumper like you.
I have been reading several times what you (and other) have been written here. But the part that you seem to miss constantly is that the people attracted by free gpu might not be the same than those getting enough coin to get them.
I assume someone with a 60gpu farms, must have some connections and might get them a little cheaper.

People who are really attracted by those free gpu are those who have more modest mining machine and won't get truck load of coins everyday.

So the value of the coin is highly relevant. Because if you need 1Millions gpuc to be able to get one gpu, they will know from the start that they won't be able to get them (and out of frustration will go mining elsewhere).
So it is in everybody interest that this coin has a highest value possible.  
STT
legendary
Activity: 4102
Merit: 1454
All coins start off as tokens, the big question is always can the block chain provide utility to people.   I think a big part is the global transaction between people that is normally more difficult and in some countries banned altogether.  Comparative advantage and all sorts of dynamics can be unlocked but also competitive destruction is always there, cryptocurrency is a shark pool
If there is use there is value
full member
Activity: 204
Merit: 100
there no point of selling ipo coin now price is too low..... i am waiting maybe i can buy a gpu in a few weeks.
sr. member
Activity: 399
Merit: 257

Everyone get ready for the end of this coin. Price will be under 10 very shortly. Maybe this coin will last longer than HORSE (only lasted 10 hours)

LMAO at TROLL, The IPO holders have been waiting for weeks, there is no buy pressure on new coin on small exchange and price is low. No one is selling a nickel of IPO fool

waltsmith

those are not a troll but a truth.
This coin is binded to the amount of GPU purchased by the BTC from IPO, no way the potato CEO will pour his $ outta his pocket to get more hardware.
Assume there's 72 BTC worth of IPO, and due date of store opening there will be 800Mil GPUCoin (400M from premine and 400from 2 weeks mining). 72 BTC/800 mil GPUC is 0.00000009 , so you ought to got 9.5 Mil GPUc to order 0,86 BTC worth of R9 290 if that's you guys are aiming for.
at this rate and time ipo member already lost 1/2 of their real IPO value, no way for a healthy minded ppl to keep their ipo vapor meaning as dump will happen soon.

sorry to awake everybody from your nice dream, but i couldn't stand to watch greenhorn like me getting punk'd by greedy ppls.


but crypto world well known to make money out of thin air, 10x(as in for now), 20x, or 100x of this coin real value at exchange is possible. yes is okay to keep the faith, but keep it at a reasonable lvl guys  Undecided
any excess from this coin real value at store opening will be the fuel for the CEO to buy more VGA.



You're obviously new to cryptocurrencies since you're missing the big picture. All cryptocoins are initially worthless. The value of a cryptocoin is tied to its real-world applications. In this case, the fact that someone can potentially buy graphics cards with their coins is fueling the value of GPUcoins. The value may not be substantial at first, but the realization that the business model started by the OP can be financially supported by the value of GPUcoins may eventually prompt other merchants to adopt the same business model or just accept the coins for their own services and goods. If things go well, then the coins themselves will hold a decent economic value. If not, then that's a risk that speculators have already come to accept. It's the same thing as speculating on collectibles -- you might find some rich person willing to buy them for a million each someday, or you might not. For GPUcoins though, you already have a community supporting the coins so the value itself is irrelevant. If you're saying that the IPO conversion value from the BTC amount is not worth it, then that's a misunderstanding of how free markets work. The IPO is helping the business model succeed so that the coins may eventually increase in value. If you're saying that a coin needs to have a high initial value to be worth investing in, then you obviously are not ready to join the cryptocurrency community. Not all coins need IPOs to be successful, but there are reasons to invest in IPOs that go beyond getting back enough coins to dump into an exchange and make a quick profit.

TLDR: Not everyone is a scamdumper like you.
newbie
Activity: 42
Merit: 0
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legendary
Activity: 980
Merit: 1000
Traveling in subspace
No money to be made at these prices. Moving on. Maybe when the store front opens prices will get better. Have fun all.
sr. member
Activity: 420
Merit: 250
I am wondering if anyone selling gpucoin or kept it or trade it for gpu.
full member
Activity: 238
Merit: 100
Im still waiting for my ipo coins.

I sent an email early this morning EST

#ipo_number
amount
GUGmNxxRjDH6aS6SmYJbWwPnk9siMkntU7
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