Ill give you an idea, why doesn't the CEO and team offer people gpucoins for any ideas that you use, then we might be more prepared to offer our services. As right now, there are other coins that also have potential.
This is my suggestion and i wait to tell you a couple of ideas, but only a couple.
Topic: [GPUC] GPU Coin | Mandatory Wallet Update - page 54. (Read 421398 times)
I am wondering is this coin going to be dead soon or still alive when bitcoin @ 500?
Cryptorush is dying or already dead.
Gpucoin is actually currently trading on Bittrex with laughable volume. We need 2.1684 BTC to push the price up to 34 satoshi.
Maybe we can do it ourselves to save our positions as a community and do it exactly before gettiing on bigger exchange which of course will happen soon on later.
Then the pumped price on the lower exchange will go on on the bigger exchange but there will be more stable.
Just my 2 GPUs.
Gpucoin is actually currently trading on Bittrex with laughable volume. We need 2.1684 BTC to push the price up to 34 satoshi.
Maybe we can do it ourselves to save our positions as a community and do it exactly before gettiing on bigger exchange which of course will happen soon on later.
Then the pumped price on the lower exchange will go on on the bigger exchange but there will be more stable.
Just my 2 GPUs.
Another problem right now is if you go on Amazon and search for 280x cards, almost all of them are cheaper than the GPUCoin store 280x.
I was a little confused at first and had to do some research to find out that the Toxic just happens to be a more expensive card.
Most consumers will not know this though, they will just see it as not as good of a deal.
For the next round you might want to get some regular 280x cards, not some overclocked special version. You can have special editions but you should have a 280x that compares to the standard sold on the market.
I was a little confused at first and had to do some research to find out that the Toxic just happens to be a more expensive card.
Most consumers will not know this though, they will just see it as not as good of a deal.
For the next round you might want to get some regular 280x cards, not some overclocked special version. You can have special editions but you should have a 280x that compares to the standard sold on the market.
FWIW, you're not investors, you're early-buyers. Not to like slap you in the face or anything, but that's just the case. You're an investor if you're getting dividends and returns directly from the company, which you're not. You gave them money to have early access to bulk coin.
Your 'investment' is in the value of the coin.
Yes I have heard this argument before, but I am going to continue using the word 'investor' because that is the word Jaymes used during the fundraising. And because he described us as being 'investors' I will continue to act as an investor.
Regardless of technicalities, in spirit we are investors. This is what we were offered and paid for. It is not my fault Jaymes used loaded words such as 'investor' and 'ipo'. He should treat us as investors.
dude this coin works fine it does not need changed. the problem is exactly what vesper said a long time ago...marketing. this coin has things working against it with GPU's FINALLY coming down in price, the only way to solve this problem is lower the price in the store. You have to look long term, yeah you may lose money in the beginning but you make it back later. also titan's on the horizon so between these issues alone people are not buying cards like they were last month, which sucks but that's the way it is. We have been hovering around top 5 for a week on profit charts so now you have mine and dumpers dumping it into the single satoshi range, you can see it when the graph has big stair steps in it, this is people dumping then lowering there price then dumping some more. The only way this works out for miners and the store is pricing the cards lower significantly then the competitors otherwise why would people bother if they can mine something else more profitable and buy cards with BTC? The only way this works is having things priced right and more volume. like right now, I need some risers, there aren't any to buy at the store. There are some in the market, which I ordered but haven't showed up and who knows if they will. You guys need volume. Drop the price, sell some cards, create a buzz and demand to use the store or the coin will go to 1 satoshi and we all lose. Changing the coin at this point with the already rocky start of this coin is not a good idea. If it were me I would sell some 280's at $250 or less (there have been some competitors selling around this price lately and selling out fast) this is just like any other business, money talks. people don't care about anything else.
1)Make fork with less coins/block. Will not save the coin long term, but will alleviate the 6 satoshi and getting lower issue. CEO and IPO or buyers will be happy that their coins are now worth more.
2)Get a team and MARKET THE HELL out of this coin. It needs to be the next viral coin, PERIOD. Like DOGE or Aurora.
3)Use any IPO money left to buy a wide variety of cards and equipment so the store has more items and more volume. Put links on the store to buy GPU coin. Sell at CEO's cost until things improve with the coin, then slowly raise prices.
4)I love this coin, don't let it die like every other scam coin. I buy it, I mine it (and I love that it is not scrypt, my cards are all fine and I don't worry about Asics), but even I am losing faith until I see the marketing team post what their plan is here? MARKETING TEAM, HELLO??? ANYONE HOME? PLEASE POST WHAT YOU ARE DOING TO PROMOTE THE COIN.
I think CEO had a lot to do, and did it well. After all he got this whole thing rolling. But now it is up to him to make the marketing people do their jobs and his coin experts to do their jobs and get this coin going up in value rather than down.
2)Get a team and MARKET THE HELL out of this coin. It needs to be the next viral coin, PERIOD. Like DOGE or Aurora.
3)Use any IPO money left to buy a wide variety of cards and equipment so the store has more items and more volume. Put links on the store to buy GPU coin. Sell at CEO's cost until things improve with the coin, then slowly raise prices.
4)I love this coin, don't let it die like every other scam coin. I buy it, I mine it (and I love that it is not scrypt, my cards are all fine and I don't worry about Asics), but even I am losing faith until I see the marketing team post what their plan is here? MARKETING TEAM, HELLO??? ANYONE HOME? PLEASE POST WHAT YOU ARE DOING TO PROMOTE THE COIN.
I think CEO had a lot to do, and did it well. After all he got this whole thing rolling. But now it is up to him to make the marketing people do their jobs and his coin experts to do their jobs and get this coin going up in value rather than down.
Me as being part of the marketing team have done so far the following:
1. Organised contest for promotional iconograpchis.
2. Organised a contest for sigantures where 4 videocards can be won for promotion of the coin troughoutt the forum which you can join and also help the marketing. (Please, check my signature).
3. Sent 120 PMs to folks who have posted in the past in this thread to announce them for the Friday discount sale and the siganture contest from point 2.
4. Posted the info from post 3 in few threads on Bitcointalk, Litecointalk and Cryptocointalk.
5. Contacted social media department (Fujikura) and asked him to share all that info on the social media as well.
6. Talked with CEO about another incoming campaign with a 280X to be won.
7. Talked with CEO about a promotional video which is going to start filming around 10th ot April.
8. Contacted today around 7-8 websites for cryptocurrencies news and articles telling them about GPUcoin and suggesting that they write an article about us or take and interview with the CEO, currently no reply from any of them.
Any further ideas are welcome.
My personal impression is that I agree with vesperwillow, the coin is OK, however, the problem is the time in which the boom in demand for GPUs is dying. Someone threw the idea about buying GridSeed ASICs and selling them. May sounds crazy but is a B plan. We need to sell a product with high demand for it in order to keep the demand to the coin alive.
I'm really sorry for any confusion with the contest on the forum. [http://www.gpucoinforum.com/viewtopic.php?f=8&t=2734] I created the thread to simply save the idea some one told me. It was not officially sanctioned nor was it really meant to be a contest to begin with. Regardless, I wanted people to have fun so I offered a r7 card and a runner up prize. The prizes are coming from my personal wallet. I sincerely hope I didn't disappoint anyone.
If you want u can send me the coins instead of the card. I have no use for the card!
Hendrix you really have done a great job at the site btw.
I'm still mining GPUC because investment, support, and daily mining profits aren't worth it to me enough to worry about (yay new high paying job 
).
We're not completely dead in the water, still top 100ish on coinmarketcap, and there's plenty of coins below us still being mined...
GPUs are still going to be purchased, even just for gaming. If there could be a way for non mining persons (PC Gamers) to buy GPUC and go through the store, it would be real helpful. Perhaps a service where someone requests the purchase and the coin is auto purchased from exchange and provided to them with a temporarily wallet, at a fee a couple percent greater than the exchange and transfer costs. The viability of this would still depend on much greater marketing and public awareness.
).We're not completely dead in the water, still top 100ish on coinmarketcap, and there's plenty of coins below us still being mined...
GPUs are still going to be purchased, even just for gaming. If there could be a way for non mining persons (PC Gamers) to buy GPUC and go through the store, it would be real helpful. Perhaps a service where someone requests the purchase and the coin is auto purchased from exchange and provided to them with a temporarily wallet, at a fee a couple percent greater than the exchange and transfer costs. The viability of this would still depend on much greater marketing and public awareness.
GPUC would have done much better a few months ago. We're just at a time where profits are so low that nobody is really interested in building or even expanding their mining rigs. Some have hit the point where they even need to shut off their rigs due to electricity cost. It's a good idea, just bad timing with the market. 
The market in used mining equipment is still huge. Trade in used cards persists(increases) even during downturns. As someone else mentioned there are scrypt-asics that can be sold as well. Lots of possibilities.
Quote
GPUC would be #1 right now if they'd stayed Scrypt like I told them to, so folks WITH asic systems would be mining it at a much lower cost, meaning the GPUC would be worth more due to less overhead.
What's happening has *nothing* to do with the hash algo.
1)Make fork with less coins/block. Will not save the coin long term, but will alleviate the 6 satoshi and getting lower issue. CEO and IPO or buyers will be happy that their coins are now worth more.
I've watched a handful of coins recently do this exact same thing for the same thought process. All but 1 have completely tanked, and that last one is basically on life support with just a couple of machines mining it. Value dropped by a factor of 4 in most cases. Why? Because it wasn't the block value, it was the lack of tangible value and use.
2)Get a team and MARKET THE HELL out of this coin. It needs to be the next viral coin, PERIOD. Like DOGE or Aurora.
This.. times a million. I have nothing to do with the coin and I recognize this as one of the major faults.
GPUC would have done much better a few months ago. We're just at a time where profits are so low that nobody is really interested in building or even expanding their mining rigs. Some have hit the point where they even need to shut off their rigs due to electricity cost. It's a good idea, just bad timing with the market.
GPUC would be #1 right now if they'd stayed Scrypt like I told them to, so folks WITH asic systems would be mining it at a much lower cost, meaning the GPUC would be worth more due to less overhead.
Buuuuuuuuut.. well, the handful of us folks who voted against ScryptN were laughed at. I guess we were wrong
GPUC would have done much better a few months ago. We're just at a time where profits are so low that nobody is really interested in building or even expanding their mining rigs. Some have hit the point where they even need to shut off their rigs due to electricity cost. It's a good idea, just bad timing with the market.
Its a good idea as all the other coins are falling in price, it will attract the attention of more people who will see the prices rise. But i would have waited or coincide the launch on mintpal with the offer, unless this is planned.
But how to attract attention to it?
We need to vigorously promote Is it right?
We always enjoy it
What the dev should do is invest in gridseed/scrypt miners and sell those with gpu coins as well. Yes, it would be an oxymoron, but mining is mining and scrypt miners are getting to be very popular. At this point I'd rather use my coins on a scrypt miner than on another video card.
I've proposed a solution, similar to what you suggest, reduce subsidy at a certain point and hard fork..
But as I've said, i can implement anything, but it requires an executive decision from the CEO and owners of GPUCoin LLC. Without that I cannot make these kids of economic changes.
But as I've said, i can implement anything, but it requires an executive decision from the CEO and owners of GPUCoin LLC. Without that I cannot make these kids of economic changes.
Ok, this is (probably) crazy.... but... what if the currency was re-issued at 1/100th the volume of this one (200 subsidy, 135M maxcoins, etc)? Is there some way current GPUC holders could convert to the new currency? I know that's a bit drastic and perhaps impossible practically but something has to be done and cutting the subsidy isn't going to be enough IMHO unless someone supports the price during the transition.
Well, part of the problem is that because coins are being produced too fast the price is lower than was originally expected and because of this investors are losing a lot of money. Converting to a new volume would not remedy that if investors have to convert their coins over as well.
The best solution will be one that ensures the investors can make money.
Thank you for the time analysis
Bottom price for the miners have also lost interest
I believe not many miners to hold a large amount of coin to the long-term point of view to consider
When they cannot see the hope is to be without interest
I'm really sorry for any confusion with the contest on the forum. [http://www.gpucoinforum.com/viewtopic.php?f=8&t=2734] I created the thread to simply save the idea some one told me. It was not officially sanctioned nor was it really meant to be a contest to begin with. Regardless, I wanted people to have fun so I offered a r7 card and a runner up prize. The prizes are coming from my personal wallet. I sincerely hope I didn't disappoint anyone.
whoa expensive fun. thanks for clarifying
I'm really sorry for any confusion with the contest on the forum. [http://www.gpucoinforum.com/viewtopic.php?f=8&t=2734] I created the thread to simply save the idea some one told me. It was not officially sanctioned nor was it really meant to be a contest to begin with. Regardless, I wanted people to have fun so I offered a r7 card and a runner up prize. The prizes are coming from my personal wallet. I sincerely hope I didn't disappoint anyone.
1)Make fork with less coins/block. Will not save the coin long term, but will alleviate the 6 satoshi and getting lower issue. CEO and IPO or buyers will be happy that their coins are now worth more.
2)Get a team and MARKET THE HELL out of this coin. It needs to be the next viral coin, PERIOD. Like DOGE or Aurora.
3)Use any IPO money left to buy a wide variety of cards and equipment so the store has more items and more volume. Put links on the store to buy GPU coin. Sell at CEO's cost until things improve with the coin, then slowly raise prices.
4)I love this coin, don't let it die like every other scam coin. I buy it, I mine it (and I love that it is not scrypt, my cards are all fine and I don't worry about Asics), but even I am losing faith until I see the marketing team post what their plan is here? MARKETING TEAM, HELLO??? ANYONE HOME? PLEASE POST WHAT YOU ARE DOING TO PROMOTE THE COIN.
I think CEO had a lot to do, and did it well. After all he got this whole thing rolling. But now it is up to him to make the marketing people do their jobs and his coin experts to do their jobs and get this coin going up in value rather than down.
2)Get a team and MARKET THE HELL out of this coin. It needs to be the next viral coin, PERIOD. Like DOGE or Aurora.
3)Use any IPO money left to buy a wide variety of cards and equipment so the store has more items and more volume. Put links on the store to buy GPU coin. Sell at CEO's cost until things improve with the coin, then slowly raise prices.
4)I love this coin, don't let it die like every other scam coin. I buy it, I mine it (and I love that it is not scrypt, my cards are all fine and I don't worry about Asics), but even I am losing faith until I see the marketing team post what their plan is here? MARKETING TEAM, HELLO??? ANYONE HOME? PLEASE POST WHAT YOU ARE DOING TO PROMOTE THE COIN.
I think CEO had a lot to do, and did it well. After all he got this whole thing rolling. But now it is up to him to make the marketing people do their jobs and his coin experts to do their jobs and get this coin going up in value rather than down.
For example most people will not be able to use the store as they do not know where to obtain GPUCoin. There is still not a single link on the entire store website that links to a page with general information about how people get GPUCoins. People are going to pay a little more just because of how inconvenient the entire process is. Search engines are not too helpful either.
I absolutely agree, that should've been there from day 1.
I think the investors deserve to know:
How much money from selling the first batch of GPUs is going to be used to purchase more GPUs?
That is, what percentage of profits will be going to the pockets of the owners?
As investors, I think we have a right to know more about the business model used for the store including their strategy for growth, we also have a right to know how much the owner is making off of this venture.
How much money from selling the first batch of GPUs is going to be used to purchase more GPUs?
That is, what percentage of profits will be going to the pockets of the owners?
As investors, I think we have a right to know more about the business model used for the store including their strategy for growth, we also have a right to know how much the owner is making off of this venture.
FWIW, you're not investors, you're early-buyers. Not to like slap you in the face or anything, but that's just the case. You're an investor if you're getting dividends and returns directly from the company, which you're not. You gave them money to have early access to bulk coin.
Your 'investment' is in the value of the coin.
GPUCoin, This is the last time I am going to ask.
I think the investors deserve to know:
How much money from selling the first batch of GPUs is going to be used to purchase more GPUs?
That is, what percentage of profits will be going to the pockets of the owners?
As investors, I think we have a right to know more about the business model used for the store including their strategy for growth, we also have a right to know how much the owner is making off of this venture.
I think the investors deserve to know:
How much money from selling the first batch of GPUs is going to be used to purchase more GPUs?
That is, what percentage of profits will be going to the pockets of the owners?
As investors, I think we have a right to know more about the business model used for the store including their strategy for growth, we also have a right to know how much the owner is making off of this venture.
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