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Topic: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread - page 188. (Read 597505 times)
February 18, 2014, 11:44:33 AM
February 18, 2014, 11:03:59 AM
Haven't really used it.
Has anyone had any successful trades and withdrawals at this exchange yet...?
Hi guys,
Another place where Gridcoin can already be traded is here:
cryptotc.us
Rob, can you please add it to the first post?
Andrew.
Another place where Gridcoin can already be traded is here:
cryptotc.us
Rob, can you please add it to the first post?
Andrew.
Has anyone had any successful trades and withdrawals at this exchange yet...?
February 18, 2014, 10:48:19 AM
Hi guys,
Another place where Gridcoin can already be traded is here:
cryptotc.us
Rob, can you please add it to the first post?
Andrew.
Another place where Gridcoin can already be traded is here:
cryptotc.us
Rob, can you please add it to the first post?
Andrew.
Has anyone had any successful trades and withdrawals at this exchange yet...?
February 17, 2014, 12:54:44 PM
Hi guys,
Another place where Gridcoin can already be traded is here:
cryptotc.us
Rob, can you please add it to the first post?
Andrew.
Another place where Gridcoin can already be traded is here:
cryptotc.us
Rob, can you please add it to the first post?
Andrew.
February 17, 2014, 09:14:28 AM
Most people tend to gravitate towards to the big ones anyways so it works out.
People don't be naive.
I could be opening exchange (some crappy website) and then steal all the coins and money.
This reminds me of forex bucketshops and this is 1000 times more unregulated.
You think police is gonna do anything about some stolen cryptocoins ?
Also isn't it better for volume (buy sell orders) to be concentrated at 1-3 most popular exchanges than to be spread out all over the place?
Found yet another exchange...
http://www.ecoinfund.com/vote
Seems like exchanges popping up like crazy lately. GRC is not on the list yet, but I emailed them and asked them to add it to the list of coins to vote for.
http://www.ecoinfund.com/vote
Seems like exchanges popping up like crazy lately. GRC is not on the list yet, but I emailed them and asked them to add it to the list of coins to vote for.
People don't be naive.
I could be opening exchange (some crappy website) and then steal all the coins and money.
This reminds me of forex bucketshops and this is 1000 times more unregulated.
You think police is gonna do anything about some stolen cryptocoins ?
Also isn't it better for volume (buy sell orders) to be concentrated at 1-3 most popular exchanges than to be spread out all over the place?
I'm not endorsing any of the exchanges that I have posted links to. As I stated in at least 1 or 2 of my posts, I have not even traded at most of these. But who is to know which one of these will turn out to be legit and which one will not. I would obviously not advise anyone to trust an exchange (even an "established" one) to hold large amounts of coins. Personally, I test exchanges with smaller amounts, and when I do deposit large amounts, I take them out as soon as my desired transactions are processed. Everyone should use common sense when exchanging and placing online transactions. Everyone should do their own research and testing before trusting anyone or any site.
I do like seeing more competition so far as Exchanges go. I think within a few months, there will be quite a few more legit altcoin exchanges than we have now.
first vote from me! now we can vote for GRC now
February 16, 2014, 05:53:18 PM
Most people tend to gravitate towards to the big ones anyways so it works out.
People don't be naive.
I could be opening exchange (some crappy website) and then steal all the coins and money.
This reminds me of forex bucketshops and this is 1000 times more unregulated.
You think police is gonna do anything about some stolen cryptocoins ?
Also isn't it better for volume (buy sell orders) to be concentrated at 1-3 most popular exchanges than to be spread out all over the place?
Found yet another exchange...
http://www.ecoinfund.com/vote
Seems like exchanges popping up like crazy lately. GRC is not on the list yet, but I emailed them and asked them to add it to the list of coins to vote for.
http://www.ecoinfund.com/vote
Seems like exchanges popping up like crazy lately. GRC is not on the list yet, but I emailed them and asked them to add it to the list of coins to vote for.
People don't be naive.
I could be opening exchange (some crappy website) and then steal all the coins and money.
This reminds me of forex bucketshops and this is 1000 times more unregulated.
You think police is gonna do anything about some stolen cryptocoins ?
Also isn't it better for volume (buy sell orders) to be concentrated at 1-3 most popular exchanges than to be spread out all over the place?
I'm not endorsing any of the exchanges that I have posted links to. As I stated in at least 1 or 2 of my posts, I have not even traded at most of these. But who is to know which one of these will turn out to be legit and which one will not. I would obviously not advise anyone to trust an exchange (even an "established" one) to hold large amounts of coins. Personally, I test exchanges with smaller amounts, and when I do deposit large amounts, I take them out as soon as my desired transactions are processed. Everyone should use common sense when exchanging and placing online transactions. Everyone should do their own research and testing before trusting anyone or any site.
I do like seeing more competition so far as Exchanges go. I think within a few months, there will be quite a few more legit altcoin exchanges than we have now.
February 16, 2014, 05:34:22 PM
Don't forget to register (registered members get to cast more votes) and cast 10 votes every hour: https://www.mintpal.com/voting
February 16, 2014, 03:30:49 PM
Hey guys i want to invest a lot in this coin.
1 question though.
Is the price right now on https://c-cex.com/index.html?p=grc-btc relevant to mining costs or is it just a random $ value right now?
If i buy the entire coins on this exchange will more miners bring down the cost?
1 question though.
Is the price right now on https://c-cex.com/index.html?p=grc-btc relevant to mining costs or is it just a random $ value right now?
If i buy the entire coins on this exchange will more miners bring down the cost?
I think price is gonna explode sooner or later,but no one has a crystal ball .
It could take x weeks ,x months or x years
Hold it longterm.
If i were you i would buy it now while its cheap(i mean its really cheap) and just forget about it ;
This coin has a potential as oppose to every other >random word
February 16, 2014, 02:24:47 PM
Difficulty does not determine market price. Gridcoin is backed by work done for science projects, that is its major strength, not the difficulty.
Is the current difficulty for mining relevant to its current market price?
I do not wish to purchase for 10 btc's worth in the period of 1 week and have the coin drop in price by 500% once many more pools and miners start mining.
I do not wish to purchase for 10 btc's worth in the period of 1 week and have the coin drop in price by 500% once many more pools and miners start mining.
Mining difficulty definitely DOES have an impact on the coin's value to some extent as they become harder to obtain. It happens to every coin as the mining difficulty increases there is almost always an immediate boost in value roughly equal to the amount necessary for those who are mining to continue earning roughly the same amount they were earning at the old difficulty.
This results in miners earning roughly the same amount or more as the difficulty increases until a certain point where demand is satisfied and supply continues to increase which then causes a crash in value, lowering of difficulty as miners bail to a more profitable coin and then the cycle slowly begins again...
It's logical to assume (IMHO) that if the difficulty for mining increases (and stays increased, not the short spikes/bursts in difficulty we've been seeing everyday, but a consistently higher difficulty) that the value of each individual coin will increase.
February 16, 2014, 02:08:30 PM
Difficulty does not determine market price. Gridcoin is backed by work done for science projects, that is its major strength, not the difficulty.
Is the current difficulty for mining relevant to its current market price?
I do not wish to purchase for 10 btc's worth in the period of 1 week and have the coin drop in price by 500% once many more pools and miners start mining.
I do not wish to purchase for 10 btc's worth in the period of 1 week and have the coin drop in price by 500% once many more pools and miners start mining.
February 16, 2014, 01:49:16 PM
Is the current difficulty for mining relevant to its current market price?
I do not wish to purchase for 10 btc's worth in the period of 1 week and have the coin drop in price by 500% once many more pools and miners start mining.
I do not wish to purchase for 10 btc's worth in the period of 1 week and have the coin drop in price by 500% once many more pools and miners start mining.
February 16, 2014, 01:47:34 PM
Relevant to mining costs? can you explain what your mean?
Hey guys i want to invest a lot in this coin.
1 question though.
Is the price right now on https://c-cex.com/index.html?p=grc-btc relevant to mining costs or is it just a random $ value right now?
1 question though.
Is the price right now on https://c-cex.com/index.html?p=grc-btc relevant to mining costs or is it just a random $ value right now?
February 16, 2014, 01:45:50 PM
Hey guys i want to invest a lot in this coin.
1 question though.
Is the price right now on https://c-cex.com/index.html?p=grc-btc relevant to mining costs or is it just a random $ value right now?
If i buy the entire coins on this exchange will more miners bring down the cost?
1 question though.
Is the price right now on https://c-cex.com/index.html?p=grc-btc relevant to mining costs or is it just a random $ value right now?
If i buy the entire coins on this exchange will more miners bring down the cost?
February 16, 2014, 01:03:53 PM
It's normal that the senders address is shown as unknown.
I have seen that many times when sending GRC between my own machines.
Andrew.
I have seen that many times when sending GRC between my own machines.
Andrew.
Oh ok I didn't know that part .. thanks Andrew !! Big help as always
Glad to help.
February 16, 2014, 12:43:29 PM
It's normal that the senders address is shown as unknown.
I have seen that many times when sending GRC between my own machines.
Andrew.
I have seen that many times when sending GRC between my own machines.
Andrew.
Oh ok I didn't know that part .. thanks Andrew !! Big help as always
February 16, 2014, 12:25:48 PM
WOW that is a record for sure. I have a feeling as more and more people realize how important distributed computing and Gridcoin really are, we are gonna see huge
increases in daily credits.
increases in daily credits.
New credit record today! Over 2.16 million credits! Great job!
Our position is 110 in the world in average credits..Almost there!
Andrew.
Our position is 110 in the world in average credits..Almost there!
Andrew.
February 16, 2014, 12:06:27 PM
New credit record today! Over 2.16 million credits! Great job!
Our position is 110 in the world in average credits..Almost there!
Andrew.
Our position is 110 in the world in average credits..Almost there!
Andrew.
February 16, 2014, 11:11:47 AM
Most people tend to gravitate towards to the big ones anyways so it works out.
People don't be naive.
I could be opening exchange (some crappy website) and then steal all the coins and money.
This reminds me of forex bucketshops and this is 1000 times more unregulated.
You think police is gonna do anything about some stolen cryptocoins ?
Also isn't it better for volume (buy sell orders) to be concentrated at 1-3 most popular exchanges than to be spread out all over the place?
Found yet another exchange...
http://www.ecoinfund.com/vote
Seems like exchanges popping up like crazy lately. GRC is not on the list yet, but I emailed them and asked them to add it to the list of coins to vote for.
http://www.ecoinfund.com/vote
Seems like exchanges popping up like crazy lately. GRC is not on the list yet, but I emailed them and asked them to add it to the list of coins to vote for.
People don't be naive.
I could be opening exchange (some crappy website) and then steal all the coins and money.
This reminds me of forex bucketshops and this is 1000 times more unregulated.
You think police is gonna do anything about some stolen cryptocoins ?
Also isn't it better for volume (buy sell orders) to be concentrated at 1-3 most popular exchanges than to be spread out all over the place?
February 16, 2014, 10:45:59 AM
Hmmm so the 5 GRC seems to have come from cpu mining it seems as it shows default below the transaction ... however I can not find the address in "listcpuminers"..... wonder whats happened there 
And to add the beacons were not sent !!
UPDATE : Beacon got sent just now ... so still confused how 5 GRC appeared from ""unknown"" before beacons or without a ""from"" address.
And to add the beacons were not sent !!
UPDATE : Beacon got sent just now ... so still confused how 5 GRC appeared from ""unknown"" before beacons or without a ""from"" address.
It's normal that the senders address is shown as unknown.
I have seen that many times when sending GRC between my own machines.
Andrew.
February 16, 2014, 07:33:23 AM
Hmmm so the 5 GRC seems to have come from cpu mining it seems as it shows default below the transaction ... however I can not find the address in "listcpuminers"..... wonder whats happened there
And to add the beacons were not sent !!
UPDATE : Beacon got sent just now ... so still confused how 5 GRC appeared from ""unknown"" before beacons or without a ""from"" address.
And to add the beacons were not sent !!
UPDATE : Beacon got sent just now ... so still confused how 5 GRC appeared from ""unknown"" before beacons or without a ""from"" address.
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