Pages:
Author

Topic: [OLD][CSC]CasinoCoin ♠ A Digital Currency For The Regulated Online Gaming Sector - page 68. (Read 343078 times)

legendary
Activity: 1019
Merit: 1001
Spectreproject Community Manager
I'm a little upset about the bad mouth on miners as well.
A coin is launched and has to have miners, why do devs get upset when miners use the algo and specs you set?
Without attracting miners.......there'd be no network hash and there'd be no coins.

I'm more than a little puzzled about all this.
If a coin's community wants no miners just go pOS.
*poof* No more miners.

Anyway, we'll go along with it to see what happens.
I still mine off and on when the block release/network hash, diff and price are favorable.
Smarterhash keeps us up on that.

I've always felt this coin had potential and the thing really holding it back was the problem of finding a good exchange.
After miners a coin needs investors with some deep pockets.............and they're not usually on some the exchanges where CSC was.

Good Luck and Keep Mining!
legendary
Activity: 1612
Merit: 1608
精神分析的爸
Oh and yes i am offended. People called me a lot of things in my life but i have never been called incompetent in my work as a software developer. I think i am done commenting for a while.

Whoa...hope it was not me you are referring to?! I read back a few posts and I did not see anyone saying you were an incompetent software developer. The part where I stated 'not handling things very well' was in reference to PR not development!

People use the term dev very loosely to mean anyone working on a coin not the actual software development of it. I apologize if you felt that comment was directed towards you specifically....I don't think anyone questions your contribution or skills!

I don't think CartmanSPC wanted to attack or offend you in any way, I for one do appreciate what you do for the wallet and I do have an idea how much work is it. Rest assured your hard work is appreciated!

I think CartmanSPC said that he thinks that this reduction is unfortunate and will damage the coin and that the communication was suboptimal regarding this change and the future use of the coin. If that is the case, I do heartly agree with him.

While we are at it, I am a miner. I have mined more than 200k in the last few months and am holding more than 80% of it. That said, I do feel offended by the constant anger and badwording against miners that sell their earnings daily to pay their bills.

At 1 coin you'll certainly get rid off a lot of us. If that's your goal, it will be definitely work out as intended.
I'll be watching, and since I have a lot of sympathy for the project I sincerely do not hope the chain will get FUBAR'd at <=200Mhs.

Good luck with the change and please send out a wallet alert timely! My client still shows none.
legendary
Activity: 849
Merit: 1050
CasinoCoin
well, bought in late last year, mined a fair amount and seen several false starts on plans for CSC and exchanges that wouldn't take CSC because of the intended us in gaming. About the time of the post you sent me to....I just put my holdings away in the wallet until something good happens.

I really jumped pretty hard on this coin at least for me.

Looks like something is brewing, hope its just a block reduction and not a coin swap 10 for 1....guess we'll see as devs are doing what they want.

an earlier poster may have hit the nail on the head with the "Cure killing the patient' comment.

there's no coin swap. It's a block reward reduction from 10 to 1 that should kick in about 4 - 6 weeks from now.

So it's just a fork? We can keep our old coins?
Correct, new version release that requires changes to the original specs requires the fork! Your coins will not be affected, if you had 1000 CSC you will still have 1000 after the fork. It is only the miners who will notice the difference dropping their reward from 10 CSC per block to 1 CSC!
legendary
Activity: 1862
Merit: 1002
well, bought in late last year, mined a fair amount and seen several false starts on plans for CSC and exchanges that wouldn't take CSC because of the intended us in gaming. About the time of the post you sent me to....I just put my holdings away in the wallet until something good happens.

I really jumped pretty hard on this coin at least for me.

Looks like something is brewing, hope its just a block reduction and not a coin swap 10 for 1....guess we'll see as devs are doing what they want.

an earlier poster may have hit the nail on the head with the "Cure killing the patient' comment.

there's no coin swap. It's a block reward reduction from 10 to 1 that should kick in about 4 - 6 weeks from now.
legendary
Activity: 1270
Merit: 1000
Oh and yes i am offended. People called me a lot of things in my life but i have never been called incompetent in my work as a software developer. I think i am done commenting for a while.

Whoa...hope it was not me you are referring to?! I read back a few posts and I did not see anyone saying you were an incompetent software developer. The part where I stated 'not handling things very well' was in reference to PR not development!

People use the term dev very loosely to mean anyone working on a coin not the actual software development of it. I apologize if you felt that comment was directed towards you specifically....I don't think anyone questions your contribution or skills!
hero member
Activity: 1305
Merit: 511
Oh and yes i am offended. People called me a lot of things in my life but i have never been called incompetent in my work as a software developer. I think i am done commenting for a while.
hero member
Activity: 1305
Merit: 511
Well i actually finished testing for myself. I also now build and tested all Qt wallets (Windows, Linux, OSX (yes its back again Wink ) and also the daemons (Windows, Linux). All build instructions (except OSX) are also in the Wiki pages. I feel confident the release is ready for the public. Probably GoldSeal will make the public anouncement one off these days and sent out mails to the mailing lists. If you want you can try out the wallets and please create issues on GitHub for any problems you encounter. You can already see the nodes running the new version if you do a getpeerinfo from the debug window. All clients should be running "version" : 80001, "subver" : "/LTSV3:3.0.0/" in the near future.

And yes we are only reducing  the block reward, not swapping anything. 1 CSC per block is theoretically still 120 CSC per hour which is still more than 60 BTC per hour. Yes i know CSC is far from the value of BTC but still ...

I will not continue again on the mining and hash speeds as i feel that all has been said about that. It will sort itself out anyway.

This is all about protecting the coin owners value and not harming it.

The new wallet on windows does run in a VM, i tested it against a Windows 10 image running in VirtualBox without issues. Installation can be done anywhere and does not need registry settings to work, all necessary files are in the program folder except some OpenSSL libs that we are not allowed to deploy. They are only needed for the twitter feed and prypto services as they are protected by SSL.

Not sure if people understand how much work is involved in programming, building and testing for all platforms. And yes, ... if people do not step up but find i do 'not handle things very well' i guess i better ignore future posts ....
legendary
Activity: 1270
Merit: 1000
Quote
"Cure killing the patient"

I am interested to see what happens after the coin reduction. I think initially miners may not know about the change. If they are mining on their own or through a pool that does not update then we will be left with two different blockchains. Supposedly the longer chain is supposed to win but that can be circumvented if the devs convince everyone to use the new version...specifically the exchanges. If the exchanges do not agree with the change then we have a real mess on our hands. Arguably both sides have rightful claims...I'm sure the devs will simply state to the miners/exchanges that did not update "too bad" and move on...at that point the people on the longer chain can continue on their own with the alternate blockchain releasing a client with the older specs trying to convince people to use that version or cut their losses.

The right way to do this is to code in voting on the change allowing the miners to decide what happens (see bitcoin) but that is not happening here due to this change being made specifically to hurt/punish the miners. I even came up with a viable dialogue of "extending the mining time from 3 years to 30" as a reason for the change as that seems nicer than what is being communicated and is ultimately what is happening (I think...have not reviewed the code).

All of this is entertaining to me....but I can see it being financially harmful to others if they are not aware.

Ultimately the end result might be a reduction to about 200-400 Mh/s on the new chain if that's the one everyone decides to end up using.

I myself do not particularly like the new client as it relies on graphic drivers that not everyone has. Specifically it would not work in a VM but that may have been addressed in newer builds. It also required an "installation" which I don't like but I can get around that by installing it on a burner system and copying the exe.

I prefer to use 1.3.0.0 but suppose I will have to upgrade if everyone agrees to start using the new specs (version 3.0). It appears as v3.0.0.0 (the one that reduces the reward) was officially released (mistakenly?) 6 days ago but no announcement has been made.

I understand people have the best intentions but I can't seem to think it is not being handled very well....like I said....entertaining.

Not sure if I should bother posting any longer as I am starting to feel like I am just being a downer but am just trying to provide guidance from experience. I have NO financial motivation even though I am a top 30(?) holder of this coin. I generally just hold on to all my digital currency other than LTC/BTC..perhaps hoping one of them will explode one day but doubtful any ever will.  Roll Eyes

I can be blamed for not stepping up to help the situation but I honestly don't have the desire to become involved other than my random spats on the message board.
sr. member
Activity: 316
Merit: 250
So I rushed me. Embarrassed

I apologize to the forum.

I just divulged because no longer marked "Realese candidate" and red color, and happened to be in the "Latest release" and green color...

Again, my apologies.
legendary
Activity: 849
Merit: 1050
CasinoCoin
well, bought in late last year, mined a fair amount and seen several false starts on plans for CSC and exchanges that wouldn't take CSC because of the intended us in gaming. About the time of the post you sent me to....I just put my holdings away in the wallet until something good happens.

I really jumped pretty hard on this coin at least for me.

Looks like something is brewing, hope its just a block reduction and not a coin swap 10 for 1....guess we'll see as devs are doing what they want.

an earlier poster may have hit the nail on the head with the "Cure killing the patient' comment.


I never understood this as a gender swap coins, "take 10 CSC, and give-1 CSC"

This only has to do, with the reduction of the reward to the miners.

If until now for each block that you mine and/or you discover, you win 10CSC.

From block No.1575000, each block that you discover you will only win 1CSC instead of 10CSC (as before ...)

You can do the download of the new wallet and see the changes made here: https://github.com/casinocoin/casinocoin/releases (you must follow the instructions and in my case, the wallet only worked well after I uninstall the previous version. DO NOT FORGET TO DO WALLET BACKUP)

and have about 20 days to mine @10CSC/block (based on the number of blocks discovered every 24 hours, in the last days)

The new wallet is in development. Not for public use yet. Wait for dev announcement.

@Beachguy, its just a block reward reduction, no swap.
Correct the development branch and 3.0.0 are still in development. Ajochems mentioned you can use the wallet but there may be some issues. Head on over to the Slack for more information regarding his release!

and @beachguy Marec is right, just a reduction its not a "Stock Split."
sr. member
Activity: 417
Merit: 313
well, bought in late last year, mined a fair amount and seen several false starts on plans for CSC and exchanges that wouldn't take CSC because of the intended us in gaming. About the time of the post you sent me to....I just put my holdings away in the wallet until something good happens.

I really jumped pretty hard on this coin at least for me.

Looks like something is brewing, hope its just a block reduction and not a coin swap 10 for 1....guess we'll see as devs are doing what they want.

an earlier poster may have hit the nail on the head with the "Cure killing the patient' comment.


I never understood this as a gender swap coins, "take 10 CSC, and give-1 CSC"

This only has to do, with the reduction of the reward to the miners.

If until now for each block that you mine and/or you discover, you win 10CSC.

From block No.1575000, each block that you discover you will only win 1CSC instead of 10CSC (as before ...)

You can do the download of the new wallet and see the changes made here: https://github.com/casinocoin/casinocoin/releases (you must follow the instructions and in my case, the wallet only worked well after I uninstall the previous version. DO NOT FORGET TO DO WALLET BACKUP)

and have about 20 days to mine @10CSC/block (based on the number of blocks discovered every 24 hours, in the last days)

The new wallet is in development. Not for public use yet. Wait for dev announcement.

@Beachguy, its just a block reward reduction, no swap.
sr. member
Activity: 316
Merit: 250
well, bought in late last year, mined a fair amount and seen several false starts on plans for CSC and exchanges that wouldn't take CSC because of the intended us in gaming. About the time of the post you sent me to....I just put my holdings away in the wallet until something good happens.

I really jumped pretty hard on this coin at least for me.

Looks like something is brewing, hope its just a block reduction and not a coin swap 10 for 1....guess we'll see as devs are doing what they want.

an earlier poster may have hit the nail on the head with the "Cure killing the patient' comment.


I never understood this as a gender swap coins, "take 10 CSC, and give-1 CSC"

This only has to do, with the reduction of the reward to the miners.

If until now for each block that you mine and/or you discover, you win 10CSC.

From block No.1575000, each block that you discover you will only win 1CSC instead of 10CSC (as before ...)

You can do the download of the new wallet and see the changes made here: https://github.com/casinocoin/casinocoin/releases (you must follow the instructions and in my case, the wallet only worked well after I uninstall the previous version. DO NOT FORGET TO DO WALLET BACKUP)

and have about 20 days to mine @10CSC/block (based on the number of blocks discovered every 24 hours, in the last days)
sr. member
Activity: 316
Merit: 250
Interesting with talks of a drop in coin reward you'd think the hashrate would change either positively or negatively but it seems to be stagnating.

Do not think so ... The miners, long as they receive to pay for electricity (if the miners already have the Scrypt machine paid ....) they continue to mine.

I doubt that some even follow the forum.

Miners, just have to reach the end of the day, and do the math: the sale value must be greater than the values of the cost.
legendary
Activity: 1019
Merit: 1001
Spectreproject Community Manager
well, bought in late last year, mined a fair amount and seen several false starts on plans for CSC and exchanges that wouldn't take CSC because of the intended us in gaming. About the time of the post you sent me to....I just put my holdings away in the wallet until something good happens.

I really jumped pretty hard on this coin at least for me.

Looks like something is brewing, hope its just a block reduction and not a coin swap 10 for 1....guess we'll see as devs are doing what they want.

an earlier poster may have hit the nail on the head with the "Cure killing the patient' comment.
hero member
Activity: 519
Merit: 500
I'm seeing a network hash rate of just over 2,000 MH.
It's been pretty steady in this range for a while.
That's low to me guys.....and a difficulty of 18 currently.

I fail to see how miners are a problem here.
It was just recently that cryptopia was finally added....finally a more mainstream one.

Just begs the question....What's all the noise?  Huh

Ive read and read and only thing I see is trying to get value to $1 a cSC.

Then you must not have read far back enough, read the posts by GamingCoins

Here made it easier: https://bitcointalksearch.org/user/gamingcoins-553985
legendary
Activity: 1019
Merit: 1001
Spectreproject Community Manager
I'm seeing a network hash rate of just over 2,000 MH.
It's been pretty steady in this range for a while.
That's low to me guys.....and a difficulty of 18 currently.

I fail to see how miners are a problem here.
It was just recently that cryptopia was finally added....finally a more mainstream one.

Just begs the question....What's all the noise?  Huh

Ive read and read and only thing I see is trying to get value to $1 a cSC.
legendary
Activity: 849
Merit: 1050
CasinoCoin
Interesting with talks of a drop in coin reward you'd think the hashrate would change either positively or negatively but it seems to be stagnating.
legendary
Activity: 1372
Merit: 1000
legendary
Activity: 1270
Merit: 1000
Buying 50k CSC. Roll up roll up.

you can buy @ALCUREX.COM right now... @ cryptopia its more expensive, i think.

After all, at that stated above, within a some days, the CSC will be much less ...

It will take 10 days to buy the same as buying in one day, from the miners.

I couldnt get alcurex to work I am afraid
I had bitcoin there but couldnt buy. Very strange

If you are using Edge alcurex.com does not work with it. Try Chrome instead.
sr. member
Activity: 316
Merit: 250
Originally I wanted to drop the block reward from 50 to 2 a few years back and instead we went to 10. Going to 1 permanently gives us a long tail and kicks out the miners that cannibalize the coin. I think it a move to protect those who have invested in the coin and it also helps helps create some value for our partners that frankly will be the ones that get us to $1 and much higher.

I understand your concerns. I know that probably there is no one so committed to the currency is a huge success, as the developers who put their time without gaining anything in return (well, the information until worth money ... Smiley).
I understand that the partners also have to protect the currency (and automatically their investment) through currency stability, preferably without PUMP AND DUMP.

I think the remedy suggested may be "too strong."

We run the risk of "the patient does not die from the disease, and die of healing ..."

Why not, now reduces to half, until the "PRYPTO" project, and once we get into the project, so then yes,  reward CSC for 2 or 1 ....

The idea of all people, I think it's the same: to protect the currency and the network in which circulates. The only way to get there is what has been different. to many ways....

On the other hand, if the reduction of 10 to 1 is an imposition of the partners, so I think the community should be aware that ... after all affects everyone.

And as for me, blame the AUTO-SELL miners, let me some doubts. After all, from what I know, neither Cryptotopia neither Alcurex has the function "AUTO-SELL" as existed for example in Cryptsy.


I wouldn't worry about a pump and dump. The majority of the coins have been hoarded by long term investors and not by pure short term speculators. The biggest threat we've faced has been the generic scrypt miners that hop on the coin and autosell. After this change, we'll have washed our hands of them for probably 6 months.

A pump and dump is not a very likely scenario. Parasitic miners selling every uptick on low volume is a more likely scenario at least until we put them on their knees, shoot them in the back, and leave them in a ditch. It nothing personal, it's just time for them to go.






IT`S WAR... Grin


BTW: what you mean with "we'll have washed our hands of them for probably 6 months."

PS: "Coin reward reduced to 1 CSC on height 1575000" it's a serious thing?? Can i tell these to my friends?


they won't be back until the price goes up enough to justify mining again. yeah its a real thing.




Okay. I'll tell my friends, soon the CSC will cease to exist at these prices to take advantage as soon as possible.

Thanks for the info.
Pages:
Jump to: