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Topic: Solid Coin Problem (CLOSED: Question Answered) (Read 4452 times)

legendary
Activity: 3472
Merit: 1724
Simple economics my friend. The only joke around here will be the people criticizing it whilst they could have bought it for $0.05 and sold it for $1-4. But since that won't be happening for a few months I guess we'll have to wait a bit for that punchline Tongue

QFT
legendary
Activity: 1022
Merit: 1000
Freelance videographer
Looks like I learned my lesson about starting threads with "solid coin" in the name.  Wasn't looking for war of the currencies.  Just wanted a fair comparison.  This is stupid though.  

....is there a way I can close this thread?  I really DON'T CARE what argument SC people have.  It's not profitable to me and that IS ALL I wanted to know.

I didn't realise that this would have many arguments.This I didnt expect this to be another debate thread.I will admit that,  most former users of SC bear grievances (including myself) so this didn't really help things I will admit as it complicates your reserach of what SC is all about. To close thread ,scroll down to the bottom of this post and look for 'lock topic' as this will close the thread effectively or another way to do this is to type a reply (or edit your own topic),look for the check box that says 'lock topic'. I hope this helps you.

3rd option is to ask any mod to lock it.PM them is probably best if you use this option.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
If someone can create a better fork of this SC but without all its problems,then please go ahead.When you finish developing your fork,encourage others to migrate to it instead of staying with SC (in its current form) as I think it's high time to stick it to the scammer.

How nice of you to offer that "Someone else" should do something. Why don't you stop being lazy and do the "right coin" , you obviously think Bitcoin needs fixing. By the way, SolidCoin can't be forked, license was changed to stop competitive works building from it. Another lesson from Bitcoin.
See that? This is the true nature of CHs attitude towards people who have different opinions of what they feel should be done.Yh keep attacking a filmmaker and see where that gets you?I can make a film exposing all of your flaws including the attitude of SCs creator (you),then once the world sees how you really are,no one will touch you or want to deal with anything you create again.Who's with me?

I work long hours as a film director for several film crews.I work much harder than you,you know.Grow up Coinhunter and stop calling people lazy who aren't programmers and just want to get on with life. I work as a professional filmmaker not a programmer.Not everyone should have to be a programmer just to satisfy your 'demands'. You are not the boss of the P2P currenncy world,you are not the boss of BTC,yet you have the nerve to call me lazy.You reap what you sow,CH.

It is apparant to me that you can't handle life,so do us all a favour,stop being abusive to forum users on here and step aside from having any part of currency development (SC anyone?) before you embarass yourself again. How about you enjoy an early retirement instead? And stay the hell away from anything to do with cryptocurrency development. If any of you are sick of CH/RS bs then I know how you feel and I encourage you all to join in with me on this.

As I can recall,Theymos showed you up for being a liar. https://bitcointalk.org/index.php?topic=67177.40  (You denied sending BCX a threatening PM saying you were going to call the police on him,then you categorically denied this and Theymos confirmed that you DID send that PM to BCX)



Call the Po Po Ho!
full member
Activity: 182
Merit: 100
Looks like I learned my lesson about starting threads with "solid coin" in the name.  Wasn't looking for war of the currencies.  Just wanted a fair comparison.  This is stupid though. 

....is there a way I can close this thread?  I really DON'T CARE what argument SC people have.  It's not profitable to me and that IS ALL I wanted to know.
legendary
Activity: 1022
Merit: 1000
Freelance videographer
If someone can create a better fork of this SC but without all its problems,then please go ahead.When you finish developing your fork,encourage others to migrate to it instead of staying with SC (in its current form) as I think it's high time to stick it to the scammer.

How nice of you to offer that "Someone else" should do something. Why don't you stop being lazy and do the "right coin" , you obviously think Bitcoin needs fixing. By the way, SolidCoin can't be forked, license was changed to stop competitive works building from it. Another lesson from Bitcoin.
See that? This is the true nature of CHs attitude towards people who have different opinions of what they feel should be done.Yh keep attacking a filmmaker and see where that gets you?I can make a film exposing all of your flaws including the attitude of SCs creator (you),then once the world sees how you really are,no one will touch you or want to deal with anything you create again.Who's with me?

I work long hours as a film director for several film crews.I work much harder than you,you know.Grow up Coinhunter and stop calling people lazy who aren't programmers and just want to get on with life. I work as a professional filmmaker not a programmer.Not everyone should have to be a programmer just to satisfy your 'demands'. You are not the boss of the P2P currenncy world,you are not the boss of BTC,yet you have the nerve to call me lazy.You reap what you sow,CH.

It is apparant to me that you can't handle life,so do us all a favour,stop being abusive to forum users on here and step aside from having any part of currency development (SC anyone?) before you embarass yourself again. How about you enjoy an early retirement instead? And stay the hell away from anything to do with cryptocurrency development. If any of you are sick of CH/RS bs then I know how you feel and I encourage you all to join in with me on this.

As I can recall,Theymos showed you up for being a liar. https://bitcointalk.org/index.php?topic=67177.40  (You denied sending BCX a threatening PM saying you were going to call the police on him,then you categorically denied this and Theymos confirmed that you DID send that PM to BCX)

member
Activity: 60
Merit: 10
If someone can create a better fork of this SC but without all its problems,then please go ahead.When you finish developing your fork,encourage others to migrate to it instead of staying with SC (in its current form) as I think it's high time to stick it to the scammer.

How nice of you to offer that "Someone else" should do something. Why don't you stop being lazy and do the "right coin" , you obviously think Bitcoin needs fixing. By the way, SolidCoin can't be forked, license was changed to stop competitive works building from it. Another lesson from Bitcoin.

Ah yes ? just a question ? why are you working on this project ?
1) you want save the world ( Than you should recognize that Bitcoin has potential to help the worl be better and don't scry everywhere "BITCOIN WILL COLLAPSE" )
2) As you mentioned in Solidcoin You are the person world is circle around (well than you are more corrupt as me and your other posts tell me you think Money makes world circle around someone as result you'll spend coins)
3) You just want some money ( Result you'll spend coins )

Other ideas why are you working on that?

Please teach us with your whiteness, Oh lord.
Answers to my questions.
sr. member
Activity: 252
Merit: 251
If someone can create a better fork of this SC but without all its problems,then please go ahead.When you finish developing your fork,encourage others to migrate to it instead of staying with SC (in its current form) as I think it's high time to stick it to the scammer.

How nice of you to offer that "Someone else" should do something. Why don't you stop being lazy and do the "right coin" , you obviously think Bitcoin needs fixing. By the way, SolidCoin can't be forked, license was changed to stop competitive works building from it. Another lesson from Bitcoin.
sr. member
Activity: 252
Merit: 251
you probably need to rename it to "loss calculator"

even with the most efficient system, you still to need to reach ~$1.87/sc just to break even, and that's before adding power used by other components.
that's a joke.

You do know no one at SolidCoin thinks you can make a profit right now mining SolidCoin right?

You do know that a coin value of $1.87 or whatever is reached is fine, it will be determined by the average of all miners. The economy setup in SolidCoin is designed so that it's a $1 minimum, not maximum.

Why is that a joke? Is it ia joke that one SC is only worth 4-6c at the moment? Well that's what is going to have to change isn't it if mining is to become profitable again. If it doesn't change it never will.

Again though, I don't see how that's a joke, all that needs to happen is people buy the remaining SolidCoin that are for sale and eventually price has to increase due to lack of supply. Simple economics my friend. The only joke around here will be the people criticizing it whilst they could have bought it for $0.05 and sold it for $1-4. But since that won't be happening for a few months I guess we'll have to wait a bit for that punchline Tongue
legendary
Activity: 1022
Merit: 1000
Freelance videographer
I think we should create a fork of SC that:
a.Is more rationally designed (no ridiculously low block rewards,data loggers)
b.No stealth taxes (these are exposed as going into CH/RS perssonal wallet instead of 'protecting the network') and only have a transaction fee (like BTC does now)
3.Remove all premines,trust funds (equality and fairness is more important I feel,as if people love the improved fork,then more people will willingly mine this fork,thus boosting security anyway without the questionable premine practice which really fills the wallets of their programmers,creators.)
4.Be free to test other concepts with this fork (otherwise all the above would just be another BTC clone ,rebadged lol.)
5.Be open source and therefore everyone (even non programmers) can look into code and make sure it isn't malware,etc)

If someone can create a better fork of this SC but without all its problems,then please go ahead.When you finish developing your fork,encourage others to migrate to it instead of staying with SC (in its current form) as I think it's high time to stick it to the scammer.

member
Activity: 60
Merit: 10
Reality Coinhunter has 10 wallets with 1 200 000 coins os he has 1 200 000 $ he "can't spend" Smiley)
If you has 12 000 000 $ you "can't spend" would you do everything to spend it somehow ? Smiley))

Not everyone is as corrupt as you.

Exchanges could also easily block those transactions involving those addresses if they are that paranoid, they can do it now before the code is ever changed.
Ah yes ? just a question ? why are you working on this project ?
1) you want save the world ( Than you should recognize that Bitcoin has potential to help the worl be better and don't scry everywhere "BITCOIN WILL COLLAPSE" )
2) As you mentioned in Solidcoin You are the person world is circle around (well than you are more corrupt as me and your other posts tell me you think Money makes world circle around someone as result you'll spend coins)
3) You just want some money ( Result you'll spend coins )

Other ideas why are you working on that?
sr. member
Activity: 420
Merit: 250
bool eval(bool b){return b ? b==true : b==false;}
Code:
...
if(addr.IsValid())
{
for(int x=0;x
I prefer prefix incrementation where possible.
Ok, doesnt really matter for builtin types or while named return value optimization is on.
But to be sure once you are in an inner loop with an overloaded increment-operator coming along where it possibly does matter.
It´s just a matter of habbit: Don´t be sloppy whilst coding!
legendary
Activity: 1764
Merit: 1006
So you have no answer for your entire hash network producing less than $1 a day of coins.
I repost my math here so it doesn't get lost.

The Highest Bid Price for 1 Soiledcoin on btc-e: 0.036003 USD
Number of Soiledcoins rewarded for finding a block in the Soiledcoin block chain: 0.07
Number of blocks needed to earn $1 of Soiledcoins: 397
Soiledcoin network speed: 1 block every ~120 seconds. 30 blocks an hour. 720 blocks a day.
% of all Soiledcoin blocks you need to mine in order to generate $1 of Soiledcoin per a day: 55%
But the tyrant nodes mine 50% of the blocks, so at 0.07 SC per block and the current exchange rate, it is impossible to mine $1 a day of Soiledcoins even if you find every single block. The entire mining community of Soiledcoin produces less than $1 a day in revenue.

The only answer from Coinhunter is a picture of electricity, a computer, and the soiledcoin logo.
Answer that, or are you too busy sending threats to BCX in PM because of your doxing?


Hi, you can determine how much you can make per day here :-

http://solidcoin.info/profit-calculator.html

That takes into account difficulty and the minimum mining fee of 0.05 which is also given. Hope that helps.
you probably need to rename it to "loss calculator"

even with the most efficient system, you still to need to reach ~$1.87/sc just to break even, and that's before adding power used by other components.
that's a joke.
legendary
Activity: 1190
Merit: 1000
So you have no answer for your entire hash network producing less than $1 a day of coins.
I repost my math here so it doesn't get lost.

The Highest Bid Price for 1 Soiledcoin on btc-e: 0.036003 USD
Number of Soiledcoins rewarded for finding a block in the Soiledcoin block chain: 0.07
Number of blocks needed to earn $1 of Soiledcoins: 397
Soiledcoin network speed: 1 block every ~120 seconds. 30 blocks an hour. 720 blocks a day.
% of all Soiledcoin blocks you need to mine in order to generate $1 of Soiledcoin per a day: 55%
But the tyrant nodes mine 50% of the blocks, so at 0.07 SC per block and the current exchange rate, it is impossible to mine $1 a day of Soiledcoins even if you find every single block. The entire mining community of Soiledcoin produces less than $1 a day in revenue.

The only answer from Coinhunter is a picture of electricity, a computer, and the soiledcoin logo.
Answer that, or are you too busy sending threats to BCX in PM because of your doxing?


Hi, you can determine how much you can make per day here :-

http://solidcoin.info/profit-calculator.html

That takes into account difficulty and the minimum mining fee of 0.05 which is also given. Hope that helps.

Hi. You are still dodging the math.
Your entire network makes less than $1 a day.
Not much in the way of "profit" there.
Of course, tomorrow that could change. You could make the block rewards 500 SC each, but they only stay that way while you are mining.  Grin
sr. member
Activity: 252
Merit: 251
So you have no answer for your entire hash network producing less than $1 a day of coins.
I repost my math here so it doesn't get lost.

The Highest Bid Price for 1 Soiledcoin on btc-e: 0.036003 USD
Number of Soiledcoins rewarded for finding a block in the Soiledcoin block chain: 0.07
Number of blocks needed to earn $1 of Soiledcoins: 397
Soiledcoin network speed: 1 block every ~120 seconds. 30 blocks an hour. 720 blocks a day.
% of all Soiledcoin blocks you need to mine in order to generate $1 of Soiledcoin per a day: 55%
But the tyrant nodes mine 50% of the blocks, so at 0.07 SC per block and the current exchange rate, it is impossible to mine $1 a day of Soiledcoins even if you find every single block. The entire mining community of Soiledcoin produces less than $1 a day in revenue.

The only answer from Coinhunter is a picture of electricity, a computer, and the soiledcoin logo.
Answer that, or are you too busy sending threats to BCX in PM because of your doxing?


Hi, you can determine how much you can make per day here :-

http://solidcoin.info/profit-calculator.html

That takes into account difficulty and the minimum mining fee of 0.05 which is also given. Hope that helps.
legendary
Activity: 1764
Merit: 1006
Notice how Coinhunter completely sidesteps the fact that less than $1 of Soiledcoins are produced by the entire network each day. (see my earlier post for the math behind it)
His claims of a super efficient miner (secret of course) is the bait. He just keeps hoping to snare and milk a few more victims before his scam collapses.

Thanks for your question, you can see here how each SolidCoin is created. It has a picture so you can follow it.

http://solidcoin.info/how-are-solidcoins-created.html


. . .

this has crossed to the line of "ridiculously stupid"
legendary
Activity: 1190
Merit: 1000
Notice how Coinhunter completely sidesteps the fact that less than $1 of Soiledcoins are produced by the entire network each day. (see my earlier post for the math behind it)
His claims of a super efficient miner (secret of course) is the bait. He just keeps hoping to snare and milk a few more victims before his scam collapses.

Thanks for your question, you can see here how each SolidCoin is created. It has a picture so you can follow it.

http://solidcoin.info/how-are-solidcoins-created.html


So you have no answer for your entire hash network producing less than $1 a day of coins.
I repost my math here so it doesn't get lost.

The Highest Bid Price for 1 Soiledcoin on btc-e: 0.036003 USD
Number of Soiledcoins rewarded for finding a block in the Soiledcoin block chain: 0.07
Number of blocks needed to earn $1 of Soiledcoins: 397
Soiledcoin network speed: 1 block every ~120 seconds. 30 blocks an hour. 720 blocks a day.
% of all Soiledcoin blocks you need to mine in order to generate $1 of Soiledcoin per a day: 55%
But the tyrant nodes mine 50% of the blocks, so at 0.07 SC per block and the current exchange rate, it is impossible to mine $1 a day of Soiledcoins even if you find every single block. The entire mining community of Soiledcoin produces less than $1 a day in revenue.

The only answer from Coinhunter is a picture of electricity, a computer, and the soiledcoin logo.
Answer that, or are you too busy sending threats to BCX in PM because of your doxing?
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
I don't believe it. You'd have to get about 300 KH/s on only 100 watts. Name a CPU and/or GPU that can do that.

Check latest reaper v13 when it's released, +60% improvement on CPUs (doing 3 hashes in parallel for better caching) and 100% improvement for GPUs. An I7 can now get about 320KH from what I've heard. mtrlt has been busy.

Of course before mining is profitable we still need price to rise a lot.... Smiley

It looks like a $2-$3 price will be what is needed for a lot of people to mine with some profit (10-20%), those with free electricity will probably join the party when SC is about 50c I'm guessing. Unlike before each SolidCoin is backed by a certain amount of energy so people with "free energy" can't really create many coins. Each coin takes about 12.5KWh to produce, so if someone wanted to make 10SC a day they'd be consuming 125KWh of electricity to do it regardless. Not many people with "Free energy" would be able to explain a 125KWh per day operation to the people providing the electricity Tongue . And you can see that much energy would still only provide a small amount of SolidCoins, 10 in this case if they were using efficient hardware.


Do you care to comment on Theymos outting you as a point blank liar?

https://bitcointalksearch.org/topic/m.779801



CoinHunter: I'm going to call the police BCX!

BWAHAHAHAHA!
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
Notice how Coinhunter completely sidesteps the fact that less than $1 of Soiledcoins are produced by the entire network each day. (see my earlier post for the math behind it)
His claims of a super efficient miner (secret of course) is the bait. He just keeps hoping to snare and milk a few more victims before his scam collapses.

Thanks for your question, you can see here how each SolidCoin is created. It has a picture so you can follow it.

http://solidcoin.info/how-are-solidcoins-created.html



LOL That's the dumbest equation ever. So that would imply that all computers that use electricity (pretty much all of them in the entire world) are making solidcoins right now.

hahahahaha! Cheesy
sr. member
Activity: 252
Merit: 251
Notice how Coinhunter completely sidesteps the fact that less than $1 of Soiledcoins are produced by the entire network each day. (see my earlier post for the math behind it)
His claims of a super efficient miner (secret of course) is the bait. He just keeps hoping to snare and milk a few more victims before his scam collapses.

Thanks for your question, you can see here how each SolidCoin is created. It has a picture so you can follow it.

http://solidcoin.info/how-are-solidcoins-created.html

legendary
Activity: 1190
Merit: 1000
I don't believe it. You'd have to get about 300 KH/s on only 100 watts. Name a CPU and/or GPU that can do that.

Check latest reaper v13 when it's released, +60% improvement on CPUs (doing 3 hashes in parallel for better caching) and 100% improvement for GPUs. An I7 can now get about 320KH from what I've heard. mtrlt has been busy.

Of course before mining is profitable we still need price to rise a lot.... Smiley

It looks like a $2-$3 price will be what is needed for a lot of people to mine with some profit (10-20%), those with free electricity will probably join the party when SC is about 50c I'm guessing. Unlike before each SolidCoin is backed by a certain amount of energy so people with "free energy" can't really create many coins. Each coin takes about 12.5KWh to produce, so if someone wanted to make 10SC a day they'd be consuming 125KWh of electricity to do it regardless. Not many people with "Free energy" would be able to explain a 125KWh per day operation to the people providing the electricity Tongue . And you can see that much energy would still only provide a small amount of SolidCoins, 10 in this case if they were using efficient hardware.

Notice how Coinhunter completely sidesteps the fact that less than $1 of Soiledcoins are produced by the entire network each day. (see my earlier post for the math behind it)
His claims of a super efficient miner (secret of course) is the bait. He just keeps hoping to snare and milk a few more victims before his scam collapses.
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