Topic: [GPUC] GPU Coin | Mandatory Wallet Update - page 248. (Read 421421 times)

Anyone else notice a few things about the email? Originally he said he would be sending it out, along with text to confirm refunds.

* Any mention of refunds was missing

I agree there is no such thing as a Scrypt ASIC. Nobody has ever seen one. However, if you send me BTC I promise I'll ship you one. LOL

Hmmmm... interesting. But bitcoin by itself has no intrinsic value and neither is it a service with a fixed or hourly fee. It is not a recognized share of a company that has a stock value at the exchange either. The "Bitcoin Exchanges" out there are pretty much an escrow service that mediates  the agreed upon transaction between two people. If I buy 1 BTC from someone for $700, I do not own a tiny percentage of the company called "Bitcoin" whose worth can be calculated based on their quarterly/annual income. So basically how valuable it is, is decided by me and the other person who is paying for it. It can be anything from $5 to $750. So how is a fiat value determined.
^^^^^teh fook^^^^^^ do you owns a share in a company called dollar when you get paid for your days work? do you get shares in exxon when you give dollar for petrol? and do you won a share in a shop when you pay them money nooooo ist goods-services


just to let you all know someone offering ipo investments and services for anything as afformentioned pixie farts whom has taken payment and then delivered no results is theft be deception which applys to all living creatures bearing a name be it a govt registered alias or a common law name and as such a common law court or small claims court can find in favour of the defendant quite easially meaning you may present pitchforks at the door if this is how you deem to get funds back the defendant may not be forced to pay back the stolen ipo btc as you say because it itself without exchanges and public faith in btc it is not a currency in its own right. but dont forget the fix it again tomorrow dollar you have in your pocket too holds the same meaningless intrinsic value as a btc just the fact of its long use and public trust and faith in it holds it higher than btc without this your dollar would be nothing more than a pixie fart.

Moreover what is the judge going to declare? Pay back the bitcoin? I don't think there is a bitcoin bank account tied to the LLC that can be frozen.... there has to be cash (or physical goods like siezed graphics cards) in the shop/property for any financial dispute to be resolved right? Am I missing something fundamental here?

Listen, people. NOTHING is ASIC resiatant in the long term. When LTC was created, using a scrypt algo, it was meant to be ASIC resistant. However, technologies go further with high speeds and 2-3 years later we do have ASICs for scrypt.
Understand that whatever algo to be used, soon or later the asics for it will come out. One may take longer, but soon or late, ASICs (or even new type of hardware) will be created for anything. Yes, these algos are a short term solution. However, in the long term this is an everlasting war with two parties.

This is an issue of hardware miner resistance, such as ASICs. Keccak is the starting algorithm for MaxCoin and at this point in time no hardware miner currently exists. However, creating a Keccak ASIC is not impossible. Therefore, in order to protect against a hardware-miner future we are going to implement an "ASIC protection" feature into MaxCoin. This will work by allowing the blockchain to decide a new hashing algorithm for MaxCoin every x blocks. More specifically, the last authenticated transaction's hash is used to determine an integer and depending on this value an algorithm will be selected. This will mean hardware miners will find it difficult to create hardware in enough time to see profitable return. Purely for example, these could be:
x Algorithm 0 Keccak 1 Blake 2 Grostlx2 3 JH 4 Skein 5 Blake2 6 JH(Grostl) 7 Keccak+Blake

I do not want at all to be a part of this if it's scrypt-n.

Scrypt ASICS are a lie. 100% an absolute LIE. Still reading? If you stopped reading already you are in your turtle shell full of shit. If you're still with me, THERE CAN BE NO SUCH THING as a Scrypt "ASIC" BECAUSE YOU STILL NEED EXPENSIVE FAST RAM WHICH IS WHY GPU'S ARE EXPENSIVE.

The "Scrypt-n" thing is a SCAM in itself. This coin is dead as shit and the LAST POSSIBLE SECOND change to -n proves that the people running this are complete morons that know nothing about how all this actually works.

Stick your heads out of your boxes and smell the clean air. If you keep shitting where you live you won't have a house for long.

Idiots.

Edit: forgot to ask: exactly how many more launches do you plan to do?

anyone got the IPO refund?
I send my wallet address to receive the IPO investment but until now I didn´t receive nothing.

I do not want at all to be a part of this if it's scrypt-n.

Scrypt ASICS are a lie. 100% an absolute LIE. Still reading? If you stopped reading already you are in your turtle shell full of shit. If you're still with me, THERE CAN BE NO SUCH THING as a Scrypt "ASIC" BECAUSE YOU STILL NEED EXPENSIVE FAST RAM WHICH IS WHY GPU'S ARE EXPENSIVE.

The "Scrypt-n" thing is a SCAM in itself. This coin is dead as shit and the LAST POSSIBLE SECOND change to -n proves that the people running this are complete morons that know nothing about how all this actually works.

Stick your heads out of your boxes and smell the clean air. If you keep shitting where you live you won't have a house for long.

Idiots.

Edit: forgot to ask: exactly how many more launches do you plan to do?

I do not want at all to be a part of this if it's scrypt-n.

Scrypt ASICS are a lie. 100% an absolute LIE. Still reading? If you stopped reading already you are in your turtle shell full of shit. If you're still with me, THERE CAN BE NO SUCH THING as a Scrypt "ASIC" BECAUSE YOU STILL NEED EXPENSIVE FAST RAM WHICH IS WHY GPU'S ARE EXPENSIVE.

The "Scrypt-n" thing is a SCAM in itself. This coin is dead as shit and the LAST POSSIBLE SECOND change to -n proves that the people running this are complete morons that know nothing about how all this actually works.

Stick your heads out of your boxes and smell the clean air. If you keep shitting where you live you won't have a house for long.

Idiots.

Edit: forgot to ask: exactly how many more launches do you plan to do?

Received my IPO email a couple hours ago and must say that you have alleviated some of my frustration if not all. As I read I really liked what you were saying and completely bought me back into the coin