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Topic: **PRESIDENT TRUMP**OFFICIAL THREAD***TRUMP COIN***OFFICIAL THREAD - page 214. (Read 268493 times)

legendary
Activity: 1358
Merit: 1013
i think reward should be reduced but block time remain the same

I agree, I think DEV will be making a mistake if he doesn't reduce the reward and make this coin rarer.

+  A great reward is killing this coin
hero member
Activity: 882
Merit: 500
MiG Messenger - earn while chatting
Time for a little ideological plug

Truth - Logic - Reason and philosphical thinking.
It is the underlining theme of the coin

The Untruth About Donald Trump


I second this!  Fantastic rebuttal of John Oliver's propaganda piece.  After the wall on our southern border is built, I hope Trump turns his attention towards California.  Ship all the libtards there and wall it off.  Let the degenerates stew in their own self-righteousness until, Trump-willing (praise be to his name), the San Bernardino fault line sets off a 10 on the Richter scale and these smug fucks sink into the Pacific once and for all.

In the spirit of less bitching and more actual helping, I'm going to start publishing regular reports here about mining costs to help everyone to keep pace with those trends.
I believe this data is very useful for miners and traders alike.

This uses current Nicehash rental prices and YoBit for references.


Block: 12007
Coin count: 4,001,750

Mining cost: 0.54 BTC/GHS/Day
Est Coin Return: 109,348.125 TRUMP/GHS/Day
Mining cost per TRUMP: 0.00000494 BTC

Market floor at Coin Return Depth: 0.00000300

Mining profit per coin: -0.00000194

I don't find it useful to analyze the data in this way.  In fact, I generally ignore mining costs altogether when I am attempting to judge the health of the market and determine if the coin in question is under or over sold.

1)The price on Nicehash is going to vary day to day, because the demand for hash power is going to vary day to day.  PEPE coin had the price for X11 hash up to 0.8 BTC per GHs just a day ago.

2)Nicehash represents the mining costs to a TINY sliver of miners, specifically miners who are renting hashrate on specifically Nicehash.  Electricity costs vary widely around the world and efficiency of GPUs does as well.  Nicehash is not a reliable measuring stick for calculating the cost of a GH.

3)Traders don't care about mining costs.  They care about whether or not they are making a profitable trade.  Dumping below the price of mining cost is pants on head retarded for miners.  Dumping below the price of mining cost is still perfectly logical for a trader, if he bought those coins above the current price.  You are assuming the dumps are all coming from miners.  I assure you, they are not.  Some of these coins are getting bounced back and forth multiple times a day by traders.  It's a natural and healthy part of price discovery.

I like to look at things like this :

250 TRUMP x 720 blocks per day = 180000 TRUMP x 0.000004 BTC = 0.72 BTC of daily buy volume needed to support a price of 400 satoshis.  A measly 0.72 BTC per day if all the coins were being dumped.

The volume for the past 24 hours is 2.82 BTC.  The total marketcap of TRUMP currently is a little over 16 BTC.  Looking back on the volume TRUMP had during it's pump, it's easy to surmise that a significant # of TRUMP coin is being traded back and forth.  These are not miner dumps.  These are traders, IMHO.
hero member
Activity: 1299
Merit: 502
i think reward should be reduced but block time remain the same

I agree, I think DEV will be making a mistake if he doesn't reduce the reward and make this coin rarer.
hero member
Activity: 672
Merit: 500
i think reward should be reduced but block time remain the same
hero member
Activity: 770
Merit: 506
Trump is plugging Trump stuff

http://www.theguardian.com/us-news/video/2016/mar/09/donald-trump-video-steaks-magazine-university-victory-speech


 Comon Donald,say it............  We have TrumpCoin Grin

Note how they portray what hes saying at the speech as 'advertising his products' (a new low as they put it) when in fact he’s refuting
a publications attempt to suggest his steak, water and magazines side line companies went in to liquidation.
Its this lack of truth, no logic were fighting against.
full member
Activity: 196
Merit: 100
TrumpCoin Lead Developer
In the spirit of less bitching and more actual helping, I'm going to start publishing regular reports here about mining costs to help everyone to keep pace with those trends.
I believe this data is very useful for miners and traders alike.

This uses current Nicehash rental prices and YoBit for references.


Block: 12007
Coin count: 4,001,750

Mining cost: 0.54 BTC/GHS/Day
Est Coin Return: 109,348.125 TRUMP/GHS/Day
Mining cost per TRUMP: 0.00000494 BTC

Market floor at Coin Return Depth: 0.00000300

Mining profit per coin: -0.00000194


Very useful, thanks and please keep that up. I can clearly see its much more expensive to mine now compared to when I did a little bit of mining on nice hash.

I believe this is also why we see massive dumps in the 800-1100 range. Renters are paying around 500 per coin and doubling down the moment the market can support it.

This also makes me believe that once we eventually cross 1200 and absorb the backlog of mining fees, the price will then be high enough to sustain constant payments to miners and the inflow of new coins will be thinner, more constant, and more predictable.


hero member
Activity: 722
Merit: 500
hero member
Activity: 770
Merit: 506
In the spirit of less bitching and more actual helping, I'm going to start publishing regular reports here about mining costs to help everyone to keep pace with those trends.
I believe this data is very useful for miners and traders alike.

This uses current Nicehash rental prices and YoBit for references.


Block: 12007
Coin count: 4,001,750

Mining cost: 0.54 BTC/GHS/Day
Est Coin Return: 109,348.125 TRUMP/GHS/Day
Mining cost per TRUMP: 0.00000494 BTC

Market floor at Coin Return Depth: 0.00000300

Mining profit per coin: -0.00000194


Very useful, thanks and please keep that up. I can clearly see its much more expensive to mine now compared to when I did a little bit of mining on nice hash.
full member
Activity: 196
Merit: 100
TrumpCoin Lead Developer
In the spirit of less bitching and more actual helping, I'm going to start publishing regular reports here about mining costs to help everyone to keep pace with those trends.
I believe this data is very useful for miners and traders alike.

This uses current Nicehash rental prices and YoBit for references.


Block: 12007
Coin count: 4,001,750

Mining cost: 0.54 BTC/GHS/Day
Est Coin Return: 109,348.125 TRUMP/GHS/Day
Mining cost per TRUMP: 0.00000494 BTC

Market floor at Coin Return Depth: 0.00000300

Mining profit per coin: -0.00000194
hero member
Activity: 770
Merit: 506
Time for a little ideological plug

Truth - Logic - Reason and philosphical thinking.
It is the underlining theme of the coin

The Untruth About Donald Trump

hero member
Activity: 770
Merit: 506
Hi Guys, great to see an open discussion from the community  Smiley

I do see the potential as a long term project and November is a long time ahead and plenty of community building can be made in that time and sure, that must start being built. Trump will most likely gain the nomination and may well become President.  That should be enough for any forward thinking person to think we should jump on his coat tails and ride along with him.

The Dev is clearly passionate about projecting his ideological thoughts with this coin and I’m sure most would agree they are what attracted all of us to Crypto currencies.
This is a great opportunity to get a message out to the public via the Trump campaign, it happens once every four years, now is most definitely the best time for Trump Coin.


Quote
The top two wallets are huge and clearly raise concern and if they are reading the thread, I’d urge them to come forward and take part in the discussion, else why accumulate so many? Your input would be very welcome.


I was going to have the coin forked on Friday raising the difficulty but have decided to just leave it as it is and review at the end of the month. If someone wants to accumulate
a million or two on their own then so be it. Ill say this though, it would be nice if they donated to the Trump Fund. That 450k left in the fund wont go very far.

The Trump Fund is there to benefit all of us. Its the fund that will help get a lot of things moving for the coin so donations would not only be
appreciated but expected if your holding a large amount of coins. So come on then lets see those donations roll in.

Trump Fund Address: TQE62DG4A9TVBXyM1D83aLA2kZWyVwcn7V
hero member
Activity: 882
Merit: 500
MiG Messenger - earn while chatting
But God Emperor Trump may not even be allowed to recieve the nomination. Dark forces are at work flying around in private jets collududing to stop him.  Shocked

Let them try.  Trump is going to radically alter the GOP as we know it, or burn it to the ground.

So, what Im thinking is leave the specs as they are for now

For sure.  It is still useful to talk about it though.  Gives us plenty of time to work out the details and come to a consensus.

I swear that I am not trying to shill for my proposal again, just pointing out that if we went with the solution I proposed, nothing changes for another month anyway.  It would be plenty of time to get the fork ready and switch everyone over to the new client.  Just saying............

The negative side of this I cant approach Trump favourable press whilst the coin sits in the doldrums

Of course you can.  How does the price get out of the doldrums when no one knows about the coin?  Ya gots it all backwards my friend.  Exposure leads to public interest and greater demand, and gets the network effect rolling.

I think things will get interesting with this coin as Trump continues to win. Mark my words if this coin is still alive and we enter the Generals with Trump vs Hillary it will explode.

This x 1000.  People are not 100% sure Trump is even going to get the nomination.  If you invest in TRUMP coin, you are in a way investing in Trump himself and betting on the success of his presidential campaign.  Did no one notice that the TRUMP price spike coincided with a little thing called Super Tuesday?  Not even God Emperor Trump can win everything all the time everywhere!  The momentum that came from Trump kicking ass on Super Tuesday was inevitably going to die down.
full member
Activity: 196
Merit: 100
TrumpCoin Lead Developer
All the talk about IPsec as a coin tech had me thinking about something last night.

Miners will hate me for this question but...

Is there a coin dev out there that could entertain an idea for me. Tell me if it is a plausible idea...

Proof of Distributed Work

Are nodes internally aware of the hashrates of other nodes ? If so, could a threshold be set that would cause work to be rejected from a node that exceeds a predetermined hashrate?

More precisely, could the nodes be programmed in a way to demand and enforce solo mining?
hero member
Activity: 1299
Merit: 502
Hi Guys, great to see an open discussion from the community  Smiley

Personally,  I’m not technically qualified enough to suggest how to adjust mining rewards etc., there are obviously people here who  know what they are talking about but ultimately  something does need to done be slow down the quantity being mined right now. The top two wallets are huge and clearly raise concern and if they are reading the thread, I’d urge them to come forward and take part in the discussion, else why accumulate so many? Your input would be very welcome.

I do see the potential as a long term project and November is a long time ahead and plenty of community building can be made in that time and sure, that must start being built. Trump will most likely gain the nomination and may well become President.  That should be enough for any forward thinking person to think we should jump on his coat tails and ride along with him.

The Dev is clearly passionate about projecting his ideological thoughts with this coin and I’m sure most would agree they are what attracted all of us to Crypto currencies.
This is a great opportunity to get a message out to the public via the Trump campaign, it happens once every four years, now is most definitely the best time for Trump Coin.


If it was me, I'll cut the rate down. Trump coin should be posted in every forum on the internet that supports Trump. This community should try and network with people that lives in any area that Trump will be speaking at. Signs and Banner advertising Trump Coin should be displayed. Trump is hot right now and its really easy to get the word out about this coin. Make some youtube videos explaining the coin. But make this coin rare and sought after.
legendary
Activity: 1386
Merit: 1000




ANNOUNCEMENT REGARDING THE PROPOSED FORK

Ive decided to leave the mining specs as they are for now. As a trader Im more in tune with that
type of thinking and my concern has been distribution of the coin. Ill say this though. If some of the miners continue to dump the moment the price rises you
do your self, the coin, and no one else any favours. If you must sell do it a little at a time.

Specs will remain as they are and be reviewed at the end of the month.

The less coins out the more valuable this will become. This is a no-brainer. Trump is Hot and with a little promotion this coin will skyrocket.

I also liked it that some weak hands dumped at a marketcap of a few k dollar, lol.

I will also hold my coins.
hero member
Activity: 722
Merit: 500
Hi Guys, great to see an open discussion from the community  Smiley

Personally,  I’m not technically qualified enough to suggest how to adjust mining rewards etc., there are obviously people here who  know what they are talking about but ultimately  something does need to done be slow down the quantity being mined right now. The top two wallets are huge and clearly raise concern and if they are reading the thread, I’d urge them to come forward and take part in the discussion, else why accumulate so many? Your input would be very welcome.

I do see the potential as a long term project and November is a long time ahead and plenty of community building can be made in that time and sure, that must start being built. Trump will most likely gain the nomination and may well become President.  That should be enough for any forward thinking person to think we should jump on his coat tails and ride along with him.

The Dev is clearly passionate about projecting his ideological thoughts with this coin and I’m sure most would agree they are what attracted all of us to Crypto currencies.
This is a great opportunity to get a message out to the public via the Trump campaign, it happens once every four years, now is most definitely the best time for Trump Coin.
hero member
Activity: 1299
Merit: 502




ANNOUNCEMENT REGARDING THE PROPOSED FORK

Ive decided to leave the mining specs as they are for now. As a trader Im more in tune with that
type of thinking and my concern has been distribution of the coin. Ill say this though. If some of the miners continue to dump the moment the price rises you
do your self, the coin, and no one else any favours. If you must sell do it a little at a time.

Specs will remain as they are and be reviewed at the end of the month.

The less coins out the more valuable this will become. This is a no-brainer. Trump is Hot and with a little promotion this coin will skyrocket.
hero member
Activity: 868
Merit: 1000
hero member
Activity: 770
Merit: 506




ANNOUNCEMENT REGARDING THE PROPOSED FORK

Ive decided to leave the mining specs as they are for now. As a trader Im more in tune with that
type of thinking and my concern has been distribution of the coin. Ill say this though. If some of the miners continue to dump the moment the price rises you
do your self, the coin, and no one else any favours. If you must sell do it a little at a time.

Specs will remain as they are and be reviewed at the end of the month.
hero member
Activity: 1036
Merit: 501
Will also buy some coins let's see what happen after period with this coin.
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