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Topic: PowerCoin PWC 1500%+ Profitability!! - page 2. (Read 3308 times)

full member
Activity: 236
Merit: 100
May 22, 2013, 07:08:06 AM
#73
This kind of discussion going around this forums helps no coins, be it WDC, PWC or any other alt coin.
Why someone puts so many effort in trying to descredit a coin is beyond me
full member
Activity: 182
Merit: 100
fml
May 22, 2013, 07:04:36 AM
#72
I've been using this pool: http://next.afraid.org:8113 for some time, this one works well.


The pool is there will need some MH/s to be competitive. Now powercoin has a hashrate around 230MH/s this is huge.
That is no where near huge.
hero member
Activity: 752
Merit: 500
bitcoin hodler
May 22, 2013, 07:04:25 AM
#71
I didnt know that bitcointalk.org is now a trollbox Smiley
full member
Activity: 182
Merit: 100
fml
May 22, 2013, 07:03:25 AM
#70
coinchoose is wrong most of the time! do your own check up and math. coinchoose is biased toward hyped scam coins.

How is it wrong (aside from this bug)?  Always looking to improve, but need to understand.

I might recommend having a stricter policy on which exchanges you accept as input for your calculations.
Perhaps more established ones, minimum volume, etc.
But defiantly not an exchange 24 hrs old with low volume. I think that may cause people to loose faith in your data.

But I do like your charts sir.

I agree. This isn't the first issue with  a Cryptsy calculation. With such a low member base, it is very easy for anyone to manipulate the numbers.
member
Activity: 81
Merit: 10
May 22, 2013, 07:02:56 AM
#69
I've been using this pool: http://next.afraid.org:8113 for some time, this one works well.


The pool is there will need some MH/s to be competitive. Now powercoin has a hashrate around 230MH/s this is huge.
full member
Activity: 182
Merit: 100
fml
May 22, 2013, 07:01:27 AM
#68
Umad bro? Just spreading the truth :')

Don't mind him, he's a GLDCoin supporter Roll Eyes I think it's working, Sell orders for PWC are piling up, but noone has bought any, in over an hour.

don't worry you are also part of the cry baby wagon team, you need a bottle?

I'll cry myself to the bank, while people were wasting time, mining PWC, my miners stayed focused on WDC made me some $$

WHAT!? How dare make money off new scam coins!! The SHAMEEEE!

I really feel sorry for you knowing that your life consists of spamming hate on a forum all day.

Your parents must be REALLY PROUD!!  Roll Eyes

downtime at work, and a smartphone lol
sr. member
Activity: 840
Merit: 250
May 22, 2013, 07:00:49 AM
#67
coinchoose is wrong most of the time! do your own check up and math. coinchoose is biased toward hyped scam coins.

How is it wrong (aside from this bug)?  Always looking to improve, but need to understand.

I might recommend having a stricter policy on which exchanges you accept as input for your calculations.
Perhaps more established ones, minimum volume, etc.
But defiantly not an exchange 24 hrs old with low volume. I think that may cause people to loose faith in your data.

But I do like your charts sir, nice site and keep up the good work!  Smiley
member
Activity: 112
Merit: 10
May 22, 2013, 07:00:34 AM
#66
Umad bro? Just spreading the truth :')

Don't mind him, he's a GLDCoin supporter Roll Eyes I think it's working, Sell orders for PWC are piling up, but noone has bought any, in over an hour.

don't worry you are also part of the cry baby wagon team, you need a bottle?

I'll cry myself to the bank, while people were wasting time, mining PWC, my miners stayed focused on WDC made me some $$

WHAT!? How dare make money off new scam coins!! The SHAMEEEE!

I really feel sorry for you knowing that your life consists of spamming hate on a forum all day.

Your parents must be REALLY PROUD!!  Roll Eyes

he is a big looser, probably weighs couple hundred pounds and doesn't cut his nails, picks his nose all day with plate after plate of food surrounding him, should I keep going on? that is the best way to describe Hyrdopussy

full member
Activity: 182
Merit: 100
fml
May 22, 2013, 07:00:09 AM
#65
coinchoose.com has fixed the error. Still not bad, but pwc has no decent pools so it's a pita at the moment.

lol, the error was the reason people went back to mining it. Very soon, it will be back at the bottom, with the rest of the fail coins
NWO
sr. member
Activity: 392
Merit: 250
May 22, 2013, 06:59:43 AM
#64
Where did NWO go?   Embarrassed

Still here. I have a life outside of these forums...
NWO
sr. member
Activity: 392
Merit: 250
May 22, 2013, 06:58:38 AM
#63
Umad bro? Just spreading the truth :')

Don't mind him, he's a GLDCoin supporter Roll Eyes I think it's working, Sell orders for PWC are piling up, but noone has bought any, in over an hour.

don't worry you are also part of the cry baby wagon team, you need a bottle?

I'll cry myself to the bank, while people were wasting time, mining PWC, my miners stayed focused on WDC made me some $$

WHAT!? How dare make money off new scam coins!! The SHAMEEEE!

I really feel sorry for you knowing that your life consists of spamming hate on a forum all day.

Your parents must be REALLY PROUD!!  Roll Eyes
member
Activity: 79
Merit: 10
May 22, 2013, 06:57:49 AM
#62
coinchoose.com has fixed the error. Still not bad, but pwc has no decent pools so it's a pita at the moment.
hero member
Activity: 490
Merit: 500
May 22, 2013, 06:57:14 AM
#61
coinchoose is wrong most of the time! do your own check up and math. coinchoose is biased toward hyped scam coins.

How is it wrong (aside from this bug)?  Always looking to improve, but need to understand.
full member
Activity: 182
Merit: 100
fml
May 22, 2013, 06:56:18 AM
#60
Where did NWO go?   Embarrassed

Hey made his money off the lemmings, he's skulked back into the darkness to count his cash.
hero member
Activity: 490
Merit: 500
May 22, 2013, 06:55:37 AM
#59

Lol, how many hours and how much screaming did that take!


Sorry about that.  Stupid Powercoind client crashed overnight and my watchdog script had a typo.  Fixed and fixed.
sr. member
Activity: 840
Merit: 250
May 22, 2013, 06:54:42 AM
#58
Where did NWO go?   Embarrassed
member
Activity: 112
Merit: 10
May 22, 2013, 06:53:29 AM
#57

Lol, how many hours and how much screaming did that take!


Now that its fixed, I think you'll see a drastic decrease in hashrate, as people go back to mining WDC, since profit is %150. Shows over folks, nothing to see here. What a friggin Circus

only circus here is you
hero member
Activity: 826
Merit: 1001
@Bit_John
May 22, 2013, 06:53:22 AM
#56
I'm posting this on every page so even the dumbest of dumb can see that lies are being spread in this topic about actual profitability.

  • CoinChoose bugs and uses difficulty 0.08708762 in their calculations.
  • Actual difficulty as shown in PWC Client: 1.02827
  • Mining is 1.02827 / 0.08708762 = 11.81 times more difficult than what Coinchoose currently shows

Using these numbers, the actual profitability can be calculated.

  • Coinchoose currently states PWC is 14.8 times more protitable (1480%) than BTC
  • Correction by factor 11.81 due to CoinChoose Difficulty Bug: 14.8/11.81 = 1.25
  • Actual profitability is 125%, NOT 1480%!

Last updated May 22, 11:25 AM UTC

I wil update this post and repost it on every page until the bug is fixed, in order to stop people from spreading lies about profitability :/

Fuck, you shouldn't even need math, common sense should dictate, PWC will NEVER be worth %1500 more than Bitcoin. Like, is this some kind of joke? Are we being punked? Or are peopel actuallly this stupid?

I mean even PWC has some value if someone is willing to buy it. Issue I found was difficulty so even at low difficulty solo mining was returning very limited amounts of blocks so I looked at pools and they were having trouble finding blocks as well. I believe cryptsy has a ton of potential but it is a BETA and slowly but surely it will work out its kinks.

As far as coinchoose another great product BUT do the math also some things can get you difficulty not reporting correct. Price reporting way higher because someone is buying .001 coins at 3 BTC per PWC. Anyhow I agree its not 1 billion percent but its profitable right now.

In understand the sellers...But who the hell is buying this crap, and why  Huh

Well if you buy for a while hype the price others will buy and follow. Then you sell and make a profit from the low prices you paid over the others. Call it junk call it scam coin its no different than a stock hell Amazon made no money for 8 years. That is LOST money for 8 years and people bought it. I could go on but you get the point.
full member
Activity: 182
Merit: 100
fml
May 22, 2013, 06:52:28 AM
#55

Lol, how many hours and how much screaming did that take!


Now that its fixed, I think you'll see a drastic decrease in hashrate, as people go back to mining WDC, since profit is %150. Shows over folks, nothing to see here. What a friggin Circus
member
Activity: 81
Merit: 10
May 22, 2013, 06:51:12 AM
#54
I've been using this pool: http://next.afraid.org:8113 for some time, this one works well.
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