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Topic: NA - page 362. (Read 893613 times)

legendary
Activity: 1582
Merit: 1002
HODL for life.
November 28, 2014, 12:04:33 PM
To clarify, I do realize that there were a handful of people that eventually agreed that an IP ban might be worth at least trying.  However, when I first brought it up, the idea was shunned because it was too "centralized".  75% of the blocks being mined by a pool that will never use them, only sell them, is too centralized.  3 months have passed with this going on now.  While the coin is still working on a day to day basis, this is getting old.

I will let people know that my team has already been working on algorithm changes.  In fact, we have been running tests against a testnet for a week or so, gathering data and tweaking numbers.  We're looking forward to testing against the simulator, but if clever proves overbearing in the coming week/s, we'll be ready to provide our findings on at least one solution to the community.


Hey, investeerder... kick rocks.  Your shit is just as old as clever's.

-Fuse
sr. member
Activity: 322
Merit: 250
November 28, 2014, 12:01:46 PM
Maybe the team can give an update again on the simulator progress? Waiting is not that bad, when you know to wait for how long.

http://www.yourdailymedia.com/post/draw-blood-from-a-stone-no-problem/
legendary
Activity: 952
Merit: 1000
November 28, 2014, 11:54:20 AM
Maybe the team can give an update again on the simulator progress? Waiting is not that bad, when you know to wait for how long.
sr. member
Activity: 458
Merit: 500
November 28, 2014, 11:49:27 AM
Damn, clevermining hitting 75% at this moment. It looks like they try to mine as much Guldencoins as they can before the algorithm update kicks in. Or it's because of the other pools not adding as much hashing power as they used to do..

Instead of these parasites supporting coins they mine it's all about getting btc because in there opinion nothing else matters. Most of the people mining at Clevermining have never heard of Guldencoin.


My pool is running at the same hashrate as it has been.  A hashrate that typically nets 20-25% of the coins in a day.  90% of that is Biomike's paid hashes to help the network.  It's not a lull in normal mining, it's an increase on clever's end.

Yet no one wanted to at least try to IP ban them, regardless of whether they could eventually get past it or not.  It would have at least sent a message.  Hell, it might have given us a couple days without them on the chain, and maybe even just made it not worthwhile to come back.

Maybe the miners would like to know that instead of mining for profit, like Terk says he is obligated to do for his miners, he's using the pool to destroy a legitimate coin.  Additionally, the coins he's mining are sitting in a storage wallet, and they aren't being sold.  Essentially he's using his miners' paid hashrate for his agenda against this coin.

When is this going to stop?

-Fuse

The way I see things is there is 2 problems.

1. We need a algorithm change to prevent long and short block resolve times. This is coming from the dev team albeit very slowly but can understand the wait to use the simulator for testing so we can  make the next change a good one.

2. Clevermining could potentially still control a lot of the hash but the rapeage should be a lot less then it is now with the algo change. So we need more dedicated miners.

sr. member
Activity: 246
Merit: 250
November 28, 2014, 11:44:30 AM
Yet no one wanted to at least try to IP ban them, regardless of whether they could eventually get past it or not.  It would have at least sent a message.  Hell, it might have given us a couple days without them on the chain, and maybe even just made it not worthwhile to come back.

Several people in this topic said that they would welcome a clevermining IP ban but Guldencoin decided that an IP ban is never their solution.

I still think an IP ban is the best temporarily solution, just to make things easier and more relaxed for this moment. This subject is dominating the community for a few months now, what a waste of time..
legendary
Activity: 952
Merit: 1000
November 28, 2014, 11:36:59 AM
Maybe ask to stop on https://bitcointalk.org/index.php?topic=448649.5440? Let the miners there give there opinion? Gives Guldencoin some attention also, even if they don't bother. But I can imagine that some can understand it is no good to rape a coin that is so good for crypto in general.
legendary
Activity: 1582
Merit: 1002
HODL for life.
November 28, 2014, 10:52:37 AM
Damn, clevermining hitting 75% at this moment. It looks like they try to mine as much Guldencoins as they can before the algorithm update kicks in. Or it's because of the other pools not adding as much hashing power as they used to do..

Instead of these parasites supporting coins they mine it's all about getting btc because in there opinion nothing else matters. Most of the people mining at Clevermining have never heard of Guldencoin.


My pool is running at the same hashrate as it has been.  A hashrate that typically nets 20-25% of the coins in a day.  90% of that is Biomike's paid hashes to help the network.  It's not a lull in normal mining, it's an increase on clever's end.

Yet no one wanted to at least try to IP ban them, regardless of whether they could eventually get past it or not.  It would have at least sent a message.  Hell, it might have given us a couple days without them on the chain, and maybe even just made it not worthwhile to come back.

Maybe the miners would like to know that instead of mining for profit, like Terk says he is obligated to do for his miners, he's using the pool to destroy a legitimate coin.  Additionally, the coins he's mining are sitting in a storage wallet, and they aren't being sold.  Essentially he's using his miners' paid hashrate for his agenda against this coin.

When is this going to stop?

-Fuse
hero member
Activity: 502
Merit: 500
November 28, 2014, 09:46:11 AM
Damn, clevermining hitting 75% at this moment. It looks like they try to mine as much Guldencoins as they can before the algorithm update kicks in. Or it's because of the other pools not adding as much hashing power as they used to do..


Instead of these parasites supporting coins they mine it's all about getting btc because in there opinion nothing else matters. Most of the people mining at Clevermining have never heard of Guldencoin.

sr. member
Activity: 246
Merit: 250
November 28, 2014, 09:32:21 AM
Damn, clevermining hitting 75% at this moment. It looks like they try to mine as much Guldencoins as they can before the algorithm update kicks in. Or it's because of the other pools not adding as much hashing power as they used to do..
hero member
Activity: 638
Merit: 500
November 28, 2014, 09:15:22 AM
Service update and new project should be launched within the next 2 weeks. This is besides the other one I mentioned previously which should be done end of December/beginning of Jan.
The tier 2 project will be done early next year (Jan/Feb).

 Cool Cool Don't feel time pressure. Good things to come, I feel it!

By the way, network hashrate is climbing last 10 days, with these lower prices atm. Good sign, I think.


Clevermining is still getting over 60% atm. So most hashrate is coming from them I suppose?
Also most of the coins mined by them are transferred to this address: GQsUGhJiKTA35ysmVDMsASHPdXWxbDoqoN
The balance on this account is growing fast from a few weeks ago ~2,7M to ~4.7M now.

Conclusion? They don't sell atm someone else does. And they are investing, holding and waiting for better price I suppose?

What you guys think about my thinking? Am I right or very wrong on this one?


Jero,

Here's my understanding, also could be wrong but I'm pretty confident in this one.  GQsUGhJiKTA35ysmVDMsASHPdXWxbDoqoN is just clevermining's bittrex deposit address.  Don't view it as clevermining's personal balance on the exchange.  Think of it as a part of the exchange's NLG balance.  Clevermining started depositing at bittrex on August 17.  So if you made some NLG withdrawls from bittrex after that date, bring up those transactions in an NLG block explorer.  There is a good chance you'll see inputs to your transactions are from that address.

As Frais mentioned, Clevermining has to autosell what they mine to make regular payouts in BTC to their users.  So for example, if clever mines 300,000 NLG in the last 24 hours, the 24 hour NLG trading volume will likely be at least 300,000.  If the bittrex NLG exchange volume is less than what clever has mined over that 24 hour period, then you could make the argument clever is holding NLG. 

Best --Mark   



Right, suppose you're right. I get it now ;-)
I will have a look at the sell volume this weekend.
full member
Activity: 138
Merit: 100
November 28, 2014, 08:10:34 AM
Service update and new project should be launched within the next 2 weeks. This is besides the other one I mentioned previously which should be done end of December/beginning of Jan.
The tier 2 project will be done early next year (Jan/Feb).

 Cool Cool Don't feel time pressure. Good things to come, I feel it!

By the way, network hashrate is climbing last 10 days, with these lower prices atm. Good sign, I think.



Clevermining is still getting over 60% atm. So most hashrate is coming from them I suppose?
Also most of the coins mined by them are transferred to this address: GQsUGhJiKTA35ysmVDMsASHPdXWxbDoqoN
The balance on this account is growing fast from a few weeks ago ~2,7M to ~4.7M now.

Conclusion? They don't sell atm someone else does. And they are investing, holding and waiting for better price I suppose?

What you guys think about my thinking? Am I right or very wrong on this one?


Jero,

Here's my understanding, also could be wrong but I'm pretty confident in this one.  GQsUGhJiKTA35ysmVDMsASHPdXWxbDoqoN is just clevermining's bittrex deposit address.  Don't view it as clevermining's personal balance on the exchange.  Think of it as a part of the exchange's NLG balance.  Clevermining started depositing at bittrex on August 17.  So if you made some NLG withdrawls from bittrex after that date, bring up those transactions in an NLG block explorer.  There is a good chance you'll see inputs to your transactions are from that address.

As Frais mentioned, Clevermining has to autosell what they mine to make regular payouts in BTC to their users.  So for example, if clever mines 300,000 NLG in the last 24 hours, the 24 hour NLG trading volume will likely be at least 300,000.  If the bittrex NLG exchange volume is less than what clever has mined over that 24 hour period, then you could make the argument clever is holding NLG. 

Best --Mark   

sr. member
Activity: 1701
Merit: 308
November 28, 2014, 02:41:00 AM
is there any news about the simulator yet, will it be up and running this week?

Another 2 months or so, but with all these other updates coming in the last week the simulator has taken a back step in focus and also litesires idea of keeping the buys under 400 is working until the algorithm change takes place. So Kudos to the community and users for listening to that advice from litesire.



I hope you wrong but we know iOS still hasn't been submitted to Apple and that was meant to happen end of September but it's been waiting on the algorithm change. I think we are most likely at the worst point in the coins history when it comes to updates from the user guldencoin and /GeertJohan. Lets hope we do get some positive feedback within the next week from them otherwise we going under 300sat.

Don't worry, look at what other projects the community is bringing out. This is far better then relying on everything from one team and this is the reason guldencoin is better then every other alt. From my Point of view the teams main responsibility is making sure the blockchain is stable and they going to be doing that this year I am sure.
LTEX is also doing something next month so lots to look forward too.

I think 2015 is when Guldencoin will really start to strive. A lot of true investors wait and wait to make sure that Guldencoin isn't a fly by night operation which the crypto world is plagued with. After CANN I am sure many people have noticed volumes are down across most alts and even prices. This is due to CANN really highlighting what the altcoin world is all about, well those alts that only have PnD investors within the BTCtalk community.

Now if Guldencoin keeps pushing progress until late into next year I think we will see venture capitalists start coming in and also help build the status of the currency.

With time comes more confidence.
legendary
Activity: 1197
Merit: 1001
November 27, 2014, 11:26:44 PM
is there any news about the simulator yet, will it be up and running this week?

Another 2 months or so, but with all these other updates coming in the last week the simulator has taken a back step in focus and also litesires idea of keeping the buys under 400 is working until the algorithm change takes place. So Kudos to the community and users for listening to that advice from litesire.



I hope you wrong but we know iOS still hasn't been submitted to Apple and that was meant to happen end of September but it's been waiting on the algorithm change. I think we are most likely at the worst point in the coins history when it comes to updates from the user guldencoin and /GeertJohan. Lets hope we do get some positive feedback within the next week from them otherwise we going under 300sat.

Don't worry, look at what other projects the community is bringing out. This is far better then relying on everything from one team and this is the reason guldencoin is better then every other alt. From my Point of view the teams main responsibility is making sure the blockchain is stable and they going to be doing that this year I am sure.
LTEX is also doing something next month so lots to look forward too.
RJF
hero member
Activity: 616
Merit: 500
Online since '89...
November 27, 2014, 06:36:19 PM
Just kidding man. I use my real name on this forum, so they could find me in a heart beat. It's just frustrating as hell. Political negotiations with the devil doesn't work. Even with a stable block chain it will still be a problem. It feels like that itch that you can't scratch.

Agreed, on all counts..  Smiley
full member
Activity: 192
Merit: 100
November 27, 2014, 05:56:51 PM
Just kidding man. I use my real name on this forum, so they could find me in a heart beat. It's just frustrating as hell. Political negotiations with the devil doesn't work. Even with a stable block chain it will still be a problem. It feels like that itch that you can't scratch.
RJF
hero member
Activity: 616
Merit: 500
Online since '89...
November 27, 2014, 05:29:37 PM
If they don't stop, Why not bring their website down?, maybe that will teach them.

No, no, no and no! While I understand your sentiment, that is NOT the way to deal with the problem. I really hope you were kidding...
full member
Activity: 192
Merit: 100
November 27, 2014, 05:13:43 PM
If they don't stop, Why not bring their website down?, maybe that will teach them.
hero member
Activity: 502
Merit: 500
November 27, 2014, 04:36:54 PM
Yes, it gives me a good feeling... somehow. Don't know what they will do when the price goes 450+, an instant sell of a few million? I don't think so.
Curious how this will work out later...

You never know.  This might be the retaliatory strike when we implement a new algo and they get kicked off the chain.

Sometimes I seriously wonder if clever continues to mine NLG out of spite.  Terk was asked to stop, asked to slow down... and still continues to pull 50%+ of the coins daily.  Still continues to drive the difficulty up in to the 1000 range and leave us with 40min block spans.  There's a hundred other coins out there, designed specifically for pump and dump trading.  Why continue to rape this coin other than for his own personal enjoyment?  It's just funny to me that after all the talk we've had about how his pool is killing the blockchain, he still hasn't said a word in this thread other than when he said he was going to cooperate.  Nothing to justify his actions.

Terk, do you have an agenda against NLG?  I don't want to hear any bullshit about having an obligation to your miners.  Why not just leave this coin alone and give us a break already.  It's been 3 months of dealing with the effects of your pool on this chain.  Go rape another coin.  Why continue to cause these issues?

I won't hold my breath for your answer.

-Fuse

Yeah it's something that will need to be looked at for the next few years. Guldencoins 1000 block rewards are like a multipools wet dream.
legendary
Activity: 1582
Merit: 1002
HODL for life.
November 27, 2014, 04:23:51 PM
Yes, it gives me a good feeling... somehow. Don't know what they will do when the price goes 450+, an instant sell of a few million? I don't think so.
Curious how this will work out later...

You never know.  This might be the retaliatory strike when we implement a new algo and they get kicked off the chain.

Sometimes I seriously wonder if clever continues to mine NLG out of spite.  Terk was asked to stop, asked to slow down... and still continues to pull 50%+ of the coins daily.  Still continues to drive the difficulty up in to the 1000 range and leave us with 40min block spans.  There's a hundred other coins out there, designed specifically for pump and dump trading.  Why continue to rape this coin other than for his own personal enjoyment?  It's just funny to me that after all the talk we've had about how his pool is killing the blockchain, he still hasn't said a word in this thread other than when he said he was going to cooperate.  Nothing to justify his actions.

Terk, do you have an agenda against NLG?  I don't want to hear any bullshit about having an obligation to your miners.  Why not just leave this coin alone and give us a break already.  It's been 3 months of dealing with the effects of your pool on this chain.  Go rape another coin.  Why continue to cause these issues?

I won't hold my breath for your answer.

-Fuse
hero member
Activity: 638
Merit: 500
November 27, 2014, 03:34:26 PM


Clevermining is still getting over 60% atm. So most hashrate is coming from them I suppose?
Also most of the coins mined by them are transferred to this address: GQsUGhJiKTA35ysmVDMsASHPdXWxbDoqoN
The balance on this account is growing fast from a few weeks ago ~2,7M to ~4.7M now.

Conclusion? They don't sell atm someone else does. And they are investing, holding and waiting for better price I suppose?

What you guys think about my thinking? Am I right or very wrong on this one?





Don't know exactly how cleverming works, but can they store coins now to sell it later for a higher price. Don't they have a fast payout obligation towards their users. Isn't this rapidly increasing address the result of putting more hashing power in, so they get more fees?

I guess clevermining have confidence in Guldencoin, they keep mining even when the price is much lower than their favorite 450+ sell price.  Smiley


Yes, it gives me a good feeling... somehow. Don't know what they will do when the price goes 450+, an instant sell of a few million? I don't think so.
Curious how this will work out later...

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