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Topic: [GPUC] GPU Coin | Mandatory Wallet Update - page 37. (Read 421398 times)

hero member
Activity: 812
Merit: 1000
I am thinking of buying a couple GPU's of you guys. Do you ship internationally? What are the costs?
v3p
newbie
Activity: 15
Merit: 0
I sold my holdings due to lack of communication. The coin is really close to death and I wanted out while I still could make something out of it.

Back to vertcoin with long term...
hero member
Activity: 616
Merit: 500
Potcoin is also a good example of what marketing and active development can do to a coin's value. Not to mention if you keep track of market trends, Potcoin is the only one which is really shining right now.
full member
Activity: 144
Merit: 100
A COIN'S SUCCESS IS MAINLY DUE TO ADVERTISING.
Only in this way and not another!
legendary
Activity: 1848
Merit: 1018
From another forum, THIS IS HOW MARKETING/PUBLICITY/EXCHANGES GET DONE!
A COIN'S SUCCESS IS MAINLY DUE TO ADVERTISING.

Quote from: linkandzelda on April 09, 2014, 01:55:09 PM
Just curious:
Has CaiShen coin broken the record of buying votes on Mintpal?
6 BTC !

"I know we did not break the record on Mintpal votes, but the record we will break is spending all IPO BTC on advertising CAI.
I know the fact we are not running away with peoples money might surprise some, as the altcoin norm these days is to cut and run.
We can not promise that we will be the next big coin, but be certain we will try our best. You can keep track of our progress and point
out anything you find to be contrary to that. We might change a few things like timing of an ad campaign or an exchange listing, but that
is done only when we feel there is demand for it. We also have plans to keep advertising CAI beyond the initial IPO funds. This is our way
of creating a trusting community."


We have a great dev, Micryon will make sure the wallet and coin has the best chance of succeeding, but JAYMES needs to read the
above paragraph and do that or hire whoever is doing that for CAI.  Black coin and Israel coin are going up like crazy while GPUC goes down like crazy SOLELY because they have news articles, big headlines, advertising, marketing, internet buzz.  Someone needs to do this for GPU coin. I can't even
believe there are not articles being submitted to every gaming and mining website from the GPU marketing team. What the hell are they doing? Pretty
sad when some no name or use chinese coin and a blatant Aurora coin copy cat (Isracoin) can get a TON of press, while GPU coin with all
it's great ideas and product behind it get's ABSOLUTELY NO MEDIA ATTENTION?  I have supported and mined this coin since day one, but I
may even quit if Jaymes or his marketing team don't start advertising, marketing, promoting, and getting a web presence for the coin.  I have been saying this since 20 satoshi, it's ALL about marketing. Look at what DOGE did with NOTHING but marketing.  Now we are at 2 satoshi, spending some of the
GPU coin pre-mine on advertising when we were at 20 satoshi looks pretty good in the rear view mirror now, eh? Now we are down 90% and YOU MUST STILL ADVERTISE, but now it costs you 10 times more.  We can debate all week about the halving and fork, but without proper promotion this coin will die, PERIOD.  Does the CEO or Marketing team even care? IF so, I sure would hope they would post their plans on marketing the coin here already.  This is a defining moment in time for this coin.  The marketing I have been bitching about for a month needs to happen from the top and a competent team.  This is a moment in time like Apple's stock was in the 90's, when the company was going to go out of business and the stocks was $1 (let's call it 2 satoshi like GPUC). Their only viable product was their MP3 like player, and there were many other MP3 players in the marketplace, but Apple marketed the F#CK out of their iPod, and the next thing you know, everyone is talking about it, buying it, using it, and then they become one of the most profitable companies ever, the stock goes to $800, well you know the rest.  Funny thing is Steve Jobs gets all the credit for the success of Apple, but that idiot couldn't invent, build, or even program a computer. Wozniak was the brains of the operation. But Steve Jobs sure the F#CK knew how to sell the shit out of something.  The point of my TL;DR rant is if you can't market, get someone who can and will immediately.
full member
Activity: 154
Merit: 100
Okay since we didn't achieve consensus on the block time change, and i didn't hear back from Jaymes.. all that I will be doing is moving up the block halving slightly to block 65535.. changes are going in now, along with other security fixes.
full member
Activity: 122
Merit: 100
I'd like to put my vote in for *not* changing the block time.  1 minute is fine, orphans and stales get to be a problem IMHO below 1 minute.  If the purpose is to decrease the subsidy then just do it, leave the block time alone.
full member
Activity: 154
Merit: 100
Exactly, halving the block reward again by increasing generation times, but no one bitches about it when done in that way.

Personally i like it.. i prefer 2.5m block times anyhow due to less orphans/forks.. anyways i sent a message to jaymes about it... if you get a chance to check with him, that would be good too.

Quote
what are we looking to replace kwg with?

We're still using KGW, but it would be patched to protect from the timewarp exploit (that everyone is talking about...)
newbie
Activity: 52
Merit: 0
https://www.dropbox.com/s/rfx37igre5sm783/2014-04-09%2016.36.39.jpg

Just got my 2 240's!   Now to get these little guys mining.  It's gonna seem like child labor!!
full member
Activity: 196
Merit: 100
period, for instance, the initial halving to 10,000 in a couple weeks, the next one in a year, with a lesser reduction say to 7,500 coins, and so on, the total coin generation should be able to be

To clarify the changes will be made so that the total # of coins generated through mining will be exactly the same, regardless.  It will just take longer to get there.  So Premine % will remain the same.


We can consider client side changes as well, but let's not lump that into this update.  Those updates can be done without forking.. for now we need to just focus on releasing the security hardfork patch along with this rescheduled reward patch.  We can also consider moving to 2.5 minute block times.. that's the equivalent of halving the block reward again though.



Exactly, halving the block reward again by increasing generation times, but no one bitches about it when done in that way.

waltsmith
full member
Activity: 126
Merit: 100
what are we looking to replace kwg with?
full member
Activity: 154
Merit: 100
Could you add into the new wallet, an update system where any additional features to the wallet could simply be auto updated.
sort of like a plugin adder but is directly controlled by you so that if we request new wallet features they can be added in.
everyone has the same identical wallet for all coins, this one new feature would start a huge amount of buzz
once its added you could add tabs for exchanges, current sale/buy prices, store links, contests with their link to different forums..
also any pool that doesn't update to the new wallet wouldnt be listed till they confirm they are on the new wallet.

Although a good feature, it cannot be done by today.. we need to disconnect the two.  Release a hard fork patch first (with all hard fork security changes).

And then a later update that can do auto-updates that won't require a fork.
legendary
Activity: 1400
Merit: 1050
i am not sure if it is related to the future reward halving, but now the gpuc is at 3 2 sat... (on polo)
(in case you were thinking it would be a good decision... well think twice as the market doesn't seem to agree,
the price halving was implemented much faster than the reward halving  Grin)
full member
Activity: 154
Merit: 100
period, for instance, the initial halving to 10,000 in a couple weeks, the next one in a year, with a lesser reduction say to 7,500 coins, and so on, the total coin generation should be able to be

To clarify the changes will be made so that the total # of coins generated through mining will be exactly the same, regardless.  It will just take longer to get there.  So Premine % will remain the same.


We can consider client side changes as well, but let's not lump that into this update.  Those updates can be done without forking.. for now we need to just focus on releasing the security hardfork patch along with this rescheduled reward patch.  We can also consider moving to 2.5 minute block times.. that's the equivalent of halving the block reward again though.

member
Activity: 67
Merit: 10
Can't really speak for any of the other issues... and I agree there are many other factors to the success of this coin (or impedes it).  

But for the coin code which I'm responsible for, it seems like we've reached consensus on:

  - 1) OpenSSL fix
  - 2) KGW timewarp fix
  - 3) Blocking Halving starts on earlier schedule at Block 65535  ( in 2 weeks )

Hard fork must be updated by all clients (pools, exchanges, users) in 2 weeks.

I'll whip up the changes tonight and release.. but I will need someone's help to contact all exchange/pool owners to drive updates.


The good news is , this is happening for almost every coin right now (at least those ones who still have dev support).. so it's not something unique to us.  Everyone has to update due to the security issues.



Could you add into the new wallet, an update system where any additional features to the wallet could simply be auto updated.
sort of like a plugin adder but is directly controlled by you so that if we request new wallet features they can be added in.
everyone has the same identical wallet for all coins, this one new feature would start a huge amount of buzz
once its added you could add tabs for exchanges, current sale/buy prices, store links, contests with their link to different forums..
also any pool that doesn't update to the new wallet wouldnt be listed till they confirm they are on the new wallet.

In the study of GPU?
It may be dying
Try to change the silver play
member
Activity: 67
Merit: 10
I see this coin is now on "life support" and if I am to speculate, by the end of the month it will be dead (if not before)

It is fascinating how people are delusional about this coin, hoping to make millions.. I feel sorry for people that invested in this crap..


He saw the dead of a coin
For those who have lost all people feel sad
Good luck
full member
Activity: 126
Merit: 100
Can't really speak for any of the other issues... and I agree there are many other factors to the success of this coin (or impedes it).  

But for the coin code which I'm responsible for, it seems like we've reached consensus on:

  - 1) OpenSSL fix
  - 2) KGW timewarp fix
  - 3) Blocking Halving starts on earlier schedule at Block 65535  ( in 2 weeks )

Hard fork must be updated by all clients (pools, exchanges, users) in 2 weeks.

I'll whip up the changes tonight and release.. but I will need someone's help to contact all exchange/pool owners to drive updates.


The good news is , this is happening for almost every coin right now (at least those ones who still have dev support).. so it's not something unique to us.  Everyone has to update due to the security issues.



Could you add into the new wallet, an update system where any additional features to the wallet could simply be auto updated.
sort of like a plugin adder but is directly controlled by you so that if we request new wallet features they can be added in.
everyone has the same identical wallet for all coins, this one new feature would start a huge amount of buzz
once its added you could add tabs for exchanges, current sale/buy prices, store links, contests with their link to different forums..
also any pool that doesn't update to the new wallet wouldnt be listed till they confirm they are on the new wallet.
hero member
Activity: 518
Merit: 500

GPU Sale!
On Friday the 4th of April GPU Coin is having a massive sale starting between the hours of 1700~2000 EST and going until stock is sold out.  The rest of the Sapphire Toxic R9 280X cards will be sold for $300 USD equivalant of GPUC at the market value and any person who orders a Sapphire R7 240 card at our already low price of $27 USD equivalant of GPUC will be entered in a drawing for another free R7 240, with a total of 5 winners.  Due to stock limits, we will be limiting purchases to one card per customer.

Contests:
Five Free Graphics Cards
https://bitcointalksearch.org/topic/contest-win-a-video-card-5-video-cards-to-be-given-away-550206

Previous Winners:
jimlite: free Sapphire Toxic R9 280X
magalhanze: free Gigabyte R9 270

Goals:
Wholesale GPU Purchases:
We currently have access to distributor prices, but wish to provide further savings to our customers. We are currently applying for wholesale of the following companies: MSI, XFX, Sapphire Tech, ASUS and GIGABYTE. After contacting a few companies we have found the wholesale market to be extremely monopolized, and a few said they would not accept new business accounts. To get access we need to provide the manufacturers proof of a certain amount of monthly sales; so if you stick by us, we'll be able to provide even higher savings directly to you.


When is the drawing for the R7 240? I ordered one and just want to make sure I'm entered.

Received my AMD Radeon R7 240 today.

Thank you
legendary
Activity: 1400
Merit: 1050
Hope isn't a plan though. What tangible reason would there be for increased value? I'm basing my viewpoint on several other coins, which did the same thing you guys are proposing, and they're now in the toilets.

The supply of GPUs is there. The supply of GPUC is there. There's no demand to buy GPUC from fiat to get the GPUs (aka, non-gpuc-miners). There is a demand for the gpuc-miners to get the GPUs but they can't because it'll take more to mine than to simply buy with BTC.

Lowering block value hurts the people you're trying to help. It doesn't affect folks who would just buy from fiat.
+1
If you want to get more people to mine, increase the reward make it more attractive to those who want them....
But it seems you don't really care that people mine it or not (always like that until it becomes difficult to sync the wallet),
you just want your coin more pricey...

Decreasing the reward hoping it will increase the value of the coin is totally artificial... why anybody would buy that ?


full member
Activity: 196
Merit: 100
You know guys, it not just the block reward but how often it is rewarded, increasing the reward time to 2.5 minutes will automatically over double the difficulty, which in turn will increase perceived value by the common miner. It will also increase the longevity of the coin, which is what a true business oriented coin should be most concerned with. Also, the mine-n-dumpers will get that many fewer coins allowing buy pressure to build.

Any other ideas for the wallet update? Don't want to overburden Micryon but this is a rare opportunity for some innovative changes that will help bring some interest from the overall mining community. The KGW hardfork update patch could actually be a godsend for the coin if implemented correctly. If the block reward halving schedule were panned out to a longer time period, for instance, the initial halving to 10,000 in a couple weeks, the next one in a year, with a lesser reduction say to 7,500 coins, and so on, the total coin generation should be able to be maintained and thereby keep the pre-mine at the current level that everyone has already had time to complain about and get used to without reopening that can of worms.

Shouldn't be too hard to add another tab to the GUI, right? On it you could have various exchange links where the coin is traded along with API pulls for price. Also, links to the main forum and the store, maybe with a pull there for current stock and prices. On the overview tab, you could put the coins emblem with "THE COIN WITH A PURPOSE" over the top of the emblem and "THE COIN WITH A STORE" under it. maybe also mention in the wallet somewhere that it is scrypt-n minable, cutting down on newb confusion level. Always a good thing there.

C'mon guys, pull together here and we can get this done right! I know y'all are full of great ideas and opinions lets get this thread kicking again! Keep voting on mintpal and buying coin with your sells from other coins you mine, we can get interest up without big money. Just be innovative and persistent!

waltsmith
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