Your card has been shipped and should arrive around Monday
Topic: [GPUC] GPU Coin | Mandatory Wallet Update - page 70. (Read 421398 times)
I just got an email.
Your card has been shipped and should arrive around Monday
Your card has been shipped and should arrive around Monday
correct me if im wrong but selling the current batch at low rates and then starting marketing should be the most beneficial for the store and thus for the coin itself. accumulate as much coins at possible -> drive the price up -> have enough money for a bigger batch. sure sucks for guys who mined for a gpu but for holders and people looking to buy a gpu it should be beneficial?
Unfortunately, at the moment the force that is driving the price down the the mine and dump people. If you look at the volume, there isn't huge volumes that are being sold at really low prices. As long as we continue to be on exchanges where the price is being driven by the last price of the selling and buying regardless of volume this is what will happen. Some of the mine and dump don't care about what price they can sell it off as long as it is being sold. So holding onto as many coins as possible with our current exchanges, I don't think, will do much. Regardless of whether we were having 20000 coins per block or 50 coins per block.
What we do need to drive up the price is get onto a better exchange where price isn't reflected on the last price sold (since people can manipulate that). And to get more popularity in the coin where we can create more buying power to snap up the low prices.
i just tweeted to poloniex to add gpuc
I hate to be contrary but the bid price is the best reflection of the 'real' price. What people are willing to pay vs get paid... works in our favor I guess.
Hendr1x, can you index the storefront items to market price? I want to be able to list in the storefront but not at a fixed GPU price, I want to be able to specify a $ price (as the GPUs are) and have the system compute the GPU price. Possible?
Hendr1x, can you index the storefront items to market price? I want to be able to list in the storefront but not at a fixed GPU price, I want to be able to specify a $ price (as the GPUs are) and have the system compute the GPU price. Possible?
It is definitely possible but it won't be done right away. I wrote it down on my todo list and won't forget about it.
It may be wise to evaluate the method I mentioned to you in PM, which takes into account for volume. Otherwise anyone could literally control the price of the coin with a few accounts on exchanges and very little ownership in the coin.
I hate to be contrary but the bid price is the best reflection of the 'real' price. What people are willing to pay vs get paid... works in our favor I guess.
Hendr1x, can you index the storefront items to market price? I want to be able to list in the storefront but not at a fixed GPU price, I want to be able to specify a $ price (as the GPUs are) and have the system compute the GPU price. Possible?
Hendr1x, can you index the storefront items to market price? I want to be able to list in the storefront but not at a fixed GPU price, I want to be able to specify a $ price (as the GPUs are) and have the system compute the GPU price. Possible?
It is definitely possible but it won't be done right away. I wrote it down on my todo list and won't forget about it.
correct me if im wrong but selling the current batch at low rates and then starting marketing should be the most beneficial for the store and thus for the coin itself. accumulate as much coins at possible -> drive the price up -> have enough money for a bigger batch. sure sucks for guys who mined for a gpu but for holders and people looking to buy a gpu it should be beneficial?
just felt like asking but is there any hope for shipping to Iceland or
would I simply have to mine and invest in the idea and then later
sell to buy a worse gpu at a lot worse price? I'll keep mining and
buying them up either way but I'm still curious.
Regards, Halli.
EDIT: Also I believe making the purchases available with shipping
to more countries would greatly affect the sales. Not all believers
in the gpuc coins are from the states and the next country to be
added should be rationalized. What I'm trying to say is that you
should start looking at ip's or get pool admins to do it for a bit
of reward to see what country seems to have the most miners
aside from the state. If there is a relatively cheap way to ship to
that country it would have a big effect on both the market and
the store. We have to remember though we all speak english
cryptocurrencies are international. I'm probably stating the
obvious but I feel far too many people are mentioning it. We all
want the coin to succeed so there should at least be more mentioning
of this, not just whining about whether their country will be added
(like above :'D).
would I simply have to mine and invest in the idea and then later
sell to buy a worse gpu at a lot worse price? I'll keep mining and
buying them up either way but I'm still curious.
Regards, Halli.
EDIT: Also I believe making the purchases available with shipping
to more countries would greatly affect the sales. Not all believers
in the gpuc coins are from the states and the next country to be
added should be rationalized. What I'm trying to say is that you
should start looking at ip's or get pool admins to do it for a bit
of reward to see what country seems to have the most miners
aside from the state. If there is a relatively cheap way to ship to
that country it would have a big effect on both the market and
the store. We have to remember though we all speak english
cryptocurrencies are international. I'm probably stating the
obvious but I feel far too many people are mentioning it. We all
want the coin to succeed so there should at least be more mentioning
of this, not just whining about whether their country will be added
(like above :'D).
If I were selling in the marketplace (as I'd like to) and indexing off the market price, I'd want the bid used...
Maybe take the midpoint between ask and bid?
The problem with the listed code is that it's only going off what the highest buy/sell is price, not the volume, or the volume per exchange. Bittrex range last I checked was Buys at 3 satoshi, Sells at 17. The sell that occurred at 6 satoshi and drove the value down hard is probably only for like .001BTC or less....
I hate to be contrary but the bid price is the best reflection of the 'real' price. What people are willing to pay vs get paid... works in our favor I guess.
Hendr1x, can you index the storefront items to market price? I want to be able to list in the storefront but not at a fixed GPU price, I want to be able to specify a $ price (as the GPUs are) and have the system compute the GPU price. Possible?
Hendr1x, can you index the storefront items to market price? I want to be able to list in the storefront but not at a fixed GPU price, I want to be able to specify a $ price (as the GPUs are) and have the system compute the GPU price. Possible?
I have voted the R9 270 1~3 
Well, something isn't right. If you freeze current prices, I'd need to spend .92 of a BTC to get 5,800,000 GPUC at 16 satoshi (Atomic-Trade) which is $480 USD. Am I doing my math wrong?
No you are not doing your math wrong, but the store itself is pulling the numbers differently (not completely sure where the numbers are getting sourced from). If you go by the store numbers it's far lower.
I have adjusted the pricing slightly to reflect the asking price. Unfortunately I am limited to the api the exchanges gave me but I am willing to do. If anyone wants to suggest improvements I am completely open.
Here is the code for anyone interested : http://pastebin.com/S8Szi9it
And here is sample data from atomic + nxt-e
{"Coin":"GPU","Exchange":"BTC","CurrentPrice":0.00000012,"YesterdayPrice":0.00000013,"Price24High":0.00000015,"Price24Low":0.00000012,"PriceChange":-0.0769,"CoinVol24h":450160.23,"ExchangeVol24h":0.05435348}
and bittrex :
{"success":true,"message":"","result":{"Bid":0.00000006,"Ask":0.00000015,"Last":0.00000006}}
There are things everyone can do to promote GPUcoin. A couple simple things:
1) Upvote the add request for GPUcoin at CoinedUp http://www.reddit.com/r/CoinedUp/
2) Email Poloniex to ask them to add GPUcoin ([email protected])
These will take you a minute to do. Aside from that, trade GPUcoin and use it in the store/marketplace. These things are more important than any 'PR' the owner can do.
1) Upvote the add request for GPUcoin at CoinedUp http://www.reddit.com/r/CoinedUp/
2) Email Poloniex to ask them to add GPUcoin ([email protected])
These will take you a minute to do. Aside from that, trade GPUcoin and use it in the store/marketplace. These things are more important than any 'PR' the owner can do.
Keep calm people, this is not classic pump and dump coin... if you trust in business model you will invest now with losses and wait until it kicks off and market sattles down.. when there will be the need for this coin then the price will rise, not because of stupid hype marketing.. just wait until new generation of GPUs start hitting the market...
OK, MARKETING TEAM
CHIME IN HERE ON WHAT YOU
ARE DOING TO GET RECOGNITION
OF GPU COIN.
CHIME IN HERE ON WHAT YOU
ARE DOING TO GET RECOGNITION
OF GPU COIN.
Well, something isn't right. If you freeze current prices, I'd need to spend .92 of a BTC to get 5,800,000 GPUC at 16 satoshi (Atomic-Trade) which is $480 USD. Am I doing my math wrong?
No you are not doing your math wrong, but the store itself is pulling the numbers differently (not completely sure where the numbers are getting sourced from). If you go by the store numbers it's far lower.
With Asics ruining normal scrypt now, and will DEVISTATE it soon, our coin
being scrypt-n should be THRIVING, not getting lower. We need some good
being scrypt-n should be THRIVING, not getting lower. We need some good
...and this is what you and folks like you don't understand. Value has nothing to do with the algo, otherwise BTC would be worth an ant's fart. Scrypt coins will go up in value, but only certain ones worth a damn. Poopcoin and Happycoin and Dogecoin and Whatevercoin will not continue to rise over time, whether they use Scrypt, or ScyptN, or X11, or FunkynoodleAlgo or whatever.
This coin would actually be worth more right now if it were Scrypt. I know that's a hard load to swallow but it's true. I went over the math long ago as to why, but you hit on one of the points: electricity. When they switched the algo they failed to take into account electrical costs. They could've gone X11 with better results than ScryptN, but they didn't.
Anyhew, that's a dead horse. Like I said.. the business needs to get more and more attention. This would fix your problems of profitability.
Well, something isn't right. If you freeze current prices, I'd need to spend .92 of a BTC to get 5,800,000 GPUC at 16 satoshi (Atomic-Trade) which is $480 USD. Am I doing my math wrong?
These are a seriously damn good deal btw, Considering that the price doesn't fluctuate in the market place. Getting a 180-210 Gh/s btc miner for sub 300 bucks is not too bad.
https://gpucoinstore.com/market/view.php?marketID=53
https://gpucoinstore.com/market/view.php?marketID=53
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