Topic: Re: [AXIOM] AxiomMemHash, Schnorr Sigs Implemented, APOS 3.0, AXH 2.0 Proposed - page 111. (Read 204903 times)
July 29, 2015, 09:21:14 AM
Lucky i was online when my buy order hit. Manage to resell it without loss. It's always the same story with this cpu coin. Gpu miner ends up raping the coin.
July 29, 2015, 09:18:03 AM
Now that's what I call a shakeout!
This coin is rock solid - competent, dedicated devs, innovation, solid code. If you sold this low, you're a sucker.
Now there GPUs mining ... is different than a thousand other currencies?This coin is rock solid - competent, dedicated devs, innovation, solid code. If you sold this low, you're a sucker.
July 29, 2015, 09:16:14 AM
There aren't that many coins coming out in POW, and its about to drop lower. From the hashrates we saw in the screenshots, it looks like a GPU is 4x faster than a CPU and will use a lot of electricity. This isn't fair to us CPU miners, but its not such a huge increase that the coin dies.
We're considering hard forking and changing the memory requirements on the algorithm, or maybe someone will create a GPU miner for the public. We've also reached out to the cryptographer behind the RandMemoHash algorithm, let's get his attention
https://twitter.com/AxiomCrypto/status/626373099647152129
http://i.gyazo.com/ab1e0920980fa654afa0049b38f1ee4e.png
https://bitslog.files.wordpress.com/2013/12/memohash-v0-3.pdf
We're considering hard forking and changing the memory requirements on the algorithm, or maybe someone will create a GPU miner for the public. We've also reached out to the cryptographer behind the RandMemoHash algorithm, let's get his attention
https://twitter.com/AxiomCrypto/status/626373099647152129
http://i.gyazo.com/ab1e0920980fa654afa0049b38f1ee4e.png
https://bitslog.files.wordpress.com/2013/12/memohash-v0-3.pdf
July 29, 2015, 09:15:51 AM
Have a good one all, I do hope this coin does well. Moving on.
Yep, onto the next "cpu" only coin.
July 29, 2015, 09:13:02 AM
Now that's what I call a shakeout!
This coin is rock solid - competent, dedicated devs, innovation, solid code. If you sold this low, you're a sucker.
This coin is rock solid - competent, dedicated devs, innovation, solid code. If you sold this low, you're a sucker.
July 29, 2015, 09:10:46 AM
Please re tweet so we can exchange more than PM only!
https://twitter.com/AxiomCrypto/status/625287734609862656
https://twitter.com/AxiomCrypto/status/625287734609862656
From your tweet:
$AXIOM has over 600 solo miners
Not hardly. Too funny.
Another cpu only/private miner coin.
I don't usually quote my own posts but it seems appropriate with this coin.
Did anyone actually think that there wouldn't be a private GPU miner?
July 29, 2015, 09:08:59 AM
What is the real issue here? Because a few guys have a GPU miner? The coin is still the same coin, the dev the same dev and the plans and vision the same plans and vision. A few might have more coins but that is not necessarily a bad thing if they are responsible holders. No matter what coin or algo you use there will always be people that manoeuvre an advantage to mine more than others eg. renting a large farm. These things happen with all coins and there is nothing that a few adjustments cannot solve.
July 29, 2015, 09:07:36 AM
FUDers excuse GPU Mining thread and killing this coin without any reason. Otherwise, what is the difference between CPU and GPU?
thousands of people can mining this coin and 1 GPU = 4 to 6 CPU. so, can imagine more people are engaged in mining. this is just an excuse to destroying this coin.
thousands of people can mining this coin and 1 GPU = 4 to 6 CPU. so, can imagine more people are engaged in mining. this is just an excuse to destroying this coin.
July 29, 2015, 09:05:51 AM
While I confirm the words on the IRC paste just posted, I do not appreciate the clear dump of what was a private chat exchange.
I'm a serious person anyhow, no more private miner sales, I would appreciate people stop sending me PMs.
I would have much preferred agreeing on a bounty to make the miner open source.
I think it was pretty clear that I took various efforts to that purpose. Unfortunately, it did not work out.
To those that are worried that GPU miners will suck out the value on this coin: The GPU miner on the 750 ti, has about 5x the performance of a desktop i7. While it earns decent profits, it is hardly world shattering. There's people running higher gains on CPU due to 0 electricity costs, mining early, botnets, etc.
I've got a busy day ahead, so will not be posting further here for a while. Cheers.
I'm a serious person anyhow, no more private miner sales, I would appreciate people stop sending me PMs.
I would have much preferred agreeing on a bounty to make the miner open source.
I think it was pretty clear that I took various efforts to that purpose. Unfortunately, it did not work out.
To those that are worried that GPU miners will suck out the value on this coin: The GPU miner on the 750 ti, has about 5x the performance of a desktop i7. While it earns decent profits, it is hardly world shattering. There's people running higher gains on CPU due to 0 electricity costs, mining early, botnets, etc.
I've got a busy day ahead, so will not be posting further here for a while. Cheers.
I don't understand why selling miner to a few people, instead giving it away to the community... is so much anti-decentralization and anti-opensource/community...
can be better to make it opensource and it can give strength to the coin
I know that most are after quick and big as possible profits. crypto currency is more than that... we suppose to takeover the world ! together..
its not what he did its how he rubbed it in our face and 5 btc jesus christ thats a lot for not even the good cards
i was mad at dev for not leveling the field before i saw how unreasonable the demand was now i can see he is very smart and deserves credit for not being a sucker
As you said in the irc channel you are nothing more than an instigater and I see what you mean.
You also stated there it was unfair for the top people to have so much hash and you don't.
As I said if they are willing to pay for cpu servers then they deserve to get what they get. It is not their fault that they are getting more than you.
You also seen where that chat stated that the price was a lot lower on the first offer and they (dev) refused to believe one exited because they that they had something "foolproof". At least he was willing to try and recompensate the people who brought it.
As I said in chat. I was lucky and got in at the beginning. Sure there was a few forks but it leveled out and took time. Now you sound like those who bitched about a relaunch because they could not get their wallets to sync.
I'll just take you for your word that you are nothing but an instigator.
thanks for your input
yes i hate missing the boat
but i still came out and tried to do my best to spread the word about this awesome project when i had NO REAL INCENTIVE other than believing i could help a good smart decent programmer get his product the spotlight it needed.. maybe i like being part of things that are better than i can accomplish on my own.
i dont get this part
You also seen where that chat stated that the price was a lot lower on the first offer and they (dev) refused to believe one exited because they that they had something "foolproof". At least he was willing to try and recompensate the people who brought it.
and i only blamed my bad luck at missing the boat on my own self and thought it better to use some excess gained by the lucky few to redistro at a low price because having worked onb many coins i know what makes investors uncomfortable
as for "INSTIGATOR" yea i had fun trying to make u nervous when the price dipped all in good fun i thought we all had a good laugh but maybe it was just me but i imediately
tried to reassure u with my personal feelings that i thought this was really so good a coin most people would hold.. so what do i get no mined coins and a bag i spent every last satoshi on when i BOUGHT IN with all i had the second it got listed on cex (which i helped make happen) now i barely know you but tried to make friends and build a community and i dont even know what u are tryng to say here besides trying to use some bs to make me look bad im sorry your buddy got greedy and made a stink and ruined a good thing for U who have a large amt of coins not me who only has 1k
July 29, 2015, 09:03:32 AM
Have a good one all, I do hope this coin does well. Moving on.
Yep, onto the next "cpu" only coin.
Glad I still made some profit and got out in time...
Regards
Goldmaxx
Hmmm....
Top wallet are holding now a lot more coins than yesterday...
Could be a set up to lower the prices...
It's a gamble at this point, I'm out with profit, that's enough for me...
Regards
Goldmaxx
July 29, 2015, 09:02:11 AM
Have a good one all, I do hope this coin does well. Moving on.
Yep, onto the next "cpu" only coin.
Glad I still made some profit and got out in time...
Regards
Goldmaxx
I'm so happy for you.
Regards
illodin
July 29, 2015, 09:01:07 AM
Have a good one all, I do hope this coin does well. Moving on.
Yep, onto the next "cpu" only coin.
Glad I still made some profit and got out in time...
Regards
Goldmaxx
Wow, "CPU only" coin for GPU miner? Bye bye my 2BTC
July 29, 2015, 09:00:53 AM
Have a good one all, I do hope this coin does well. Moving on.
Yep, onto the next "cpu" only coin.
Glad I still made some profit and got out in time...
Regards
Goldmaxx
Hmmm....
Top wallet are holding now a lot more coins than yesterday...
July 29, 2015, 08:58:55 AM
@AxiomCryptocurrency
We need a better block explorer...CryptoID?
We need a better block explorer...CryptoID?
July 29, 2015, 08:57:08 AM
Have a good one all, I do hope this coin does well. Moving on.
Yep, onto the next "cpu" only coin.
Glad I still made some profit and got out in time...
Regards
Goldmaxx
July 29, 2015, 08:55:19 AM
Have a good one all, I do hope this coin does well. Moving on.
Yep, onto the next "cpu" only coin.
July 29, 2015, 08:52:06 AM
@MickGhee:
Would appreciate if you would stop making judgment calls over a sequence of events that you seem to have gotten all wrong.
Again, I exchanged a couple of PMs with the devs, in an attempt of negotiating a bounty to make the GPU miner open sourced. The devs did not agree to as little as trusting that I had a working miner, regardless of my attempts to exhibit whatever proof was asked of me. They could have simply put on escrow an agreed upon value, to be released upon code review.
To the arm-and-leg greed and claims of extortion: re-reading the IRC chat had me realize that I did fail the math when asked about it this morning. I calculated that to earn the same, I'd need the amount from sales to refund the buyers, and again the same value to open source it (which would make me earn twice as much). This was not intentional, and with that, I inadvertently doubled up the BTC cost on that chat. I blame the lack of coffee as I had just waken up, believe what you will.
Ultimately, the "unreasonable demand" that you're seeing, misrepresents my initial offer to the dev team, which they had ample time to agree upon. Should you insist on making false claims, I will post the full sequence of PMs for clarity. The time I've wasted on this by now, is hardly worth any returns I'd ever possibly have out of it, so I kindly ask that you take it easy.
Best of luck.
Do not worry, you are living proof that this is a big fail. Would appreciate if you would stop making judgment calls over a sequence of events that you seem to have gotten all wrong.
Again, I exchanged a couple of PMs with the devs, in an attempt of negotiating a bounty to make the GPU miner open sourced. The devs did not agree to as little as trusting that I had a working miner, regardless of my attempts to exhibit whatever proof was asked of me. They could have simply put on escrow an agreed upon value, to be released upon code review.
To the arm-and-leg greed and claims of extortion: re-reading the IRC chat had me realize that I did fail the math when asked about it this morning. I calculated that to earn the same, I'd need the amount from sales to refund the buyers, and again the same value to open source it (which would make me earn twice as much). This was not intentional, and with that, I inadvertently doubled up the BTC cost on that chat. I blame the lack of coffee as I had just waken up, believe what you will.
Ultimately, the "unreasonable demand" that you're seeing, misrepresents my initial offer to the dev team, which they had ample time to agree upon. Should you insist on making false claims, I will post the full sequence of PMs for clarity. The time I've wasted on this by now, is hardly worth any returns I'd ever possibly have out of it, so I kindly ask that you take it easy.
Best of luck.
July 29, 2015, 08:51:52 AM
Pump is over? 
July 29, 2015, 08:51:33 AM
is dump over?
Big GPU Axiom miners dumping. 
July 29, 2015, 08:50:55 AM
[...] you had an opprtunity to rape the coin THEN give the miner when rewards dropped and u woulda been a hero with many valuable coins and much love from the coin heads
instead u tried to squeeze every penny from every angle u could
now everyone knows
instead u tried to squeeze every penny from every angle u could
now everyone knows
I would suggest you re-read what you stated above. Perhaps, read it a couple of times.
So in your words, I would be a hero, for raping the coin in private during the high returns, then dumping the miner on the masses for the shitty returns. Awesome morals right there...
I am then an asshole (or whatever random insult), for having sold a miner to 4 people. "Squeeze every angle I could".
By "every angle", know that 4 people got it. Wow, I must be the most greedy fucktard that ever lived. Cheers.
Enough posting from me here, the place is rather toxic and there's much better things to do.
Have a good one all, I do hope this coin does well. Moving on.
Jump to: