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Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 394. (Read 1232701 times)

newbie
Activity: 28
Merit: 0
I like this coin and would love to mine and support it more BUT, it keeps moving down and feels like its been due for a jump for about a week now, whats the deal?

Someone is hoarding a very large number of VTC. They're keeping the price within the current range. Not sure when they'll pump but at last count I think they had about 60k VTC

Damn thats like $130,000+ worth
full member
Activity: 230
Merit: 100
I like this coin and would love to mine and support it more BUT, it keeps moving down and feels like its been due for a jump for about a week now, whats the deal?

Someone is hoarding a very large number of VTC. They're keeping the price within the current range. Not sure when they'll pump but at last count I think they had about 60k VTC
sr. member
Activity: 294
Merit: 250
I like this coin and would love to mine and support it more BUT, it keeps moving down and feels like its been due for a jump for about a week now, whats the deal?
sr. member
Activity: 434
Merit: 250
Little question concerning p2p mining

I've been mining vertcoin now for 1.5 days p2p and I'm quite happy with the results, i seem to get about similar amount as what the profit calculators predict for my hashrate.

However, there is a strange anomaly i can't get a grip on. At the p2p pool I'm mining i have the fastest hashrate but there is this other address of somebody with smaller hashrate who constantly gets bigger payout then me, how is this possible? I did notice my diff is higher then for the other people there, could that be the reason?

Predicted Payouts is maybe not the best way to describe that column. It is actually "value of all shares currently in the share chain". They have a higher value than you because they've been mining longer and so have more total shares even though your current speed is faster, or maybe you've had a recent unlucky time or they've had a really lucky time.

The long version of "Predicted Payout For The Combined Value of All of Your Shares If A Block Is Found This Instant". It's the same values from the "Payouts" tab of the other style interface.
full member
Activity: 202
Merit: 100
Congratulations! Over 1000 VTC have been pledged towards clean water. Help spread the word and get us to our minimum goal of 1400 Vertcoins! Clean water project almost fully funded (75% complete!) Please upvote, share, and donate to help us reach our goal!

http://vertcoinmarket.com/campaigns/vertcoin-fundraiser-for-the-water-project/
Donate here: VvDTnXrkJT7VovnBdkC9LYN49AcNbJjX2h

The funds are held in ESCROW by Moolah and will be donated to a water project at: http://thewaterproject.org/sponsor-a-water-project.php
The worldcoin water project is here: https://thewaterproject.org/community/profile/brandon-brown

If, at the time of conversion, our funds are greater than or equal to $5k USD, we can underwrite our own project. Otherwise, we will contribute to an existing project. (I'm almost leaning towards keeping the fundraiser open and doing it this way instead, but we'll vote before funds are released).

I've included the email correspondence with the president of thewaterproject here:
http://www.scribd.com/doc/207323716/The-Water-Project-Peter-Chasse-responds

The guys over at /r/worldcoin have said that they found their funds and will be continuing the fundraiser.
http://www.reddit.com/r/worldcoin/comments/1xjxfa/helping_our_crypto_brothers_fund_the_african_well/cfd5wb5

Initial threads here: http://www.reddit.com/r/vertcoin/comments/1xjq8i/african_well_project_underfunded_due_to_drop_in/
And here: http://www.reddit.com/r/vertcoin/comments/1xkbh5/over_1000_in_vtc_donated_to_the_african_well/

Press coverage here: http://www.cryptocoinsnews.com/2014/02/10/worldcoin-price-crash-problem-african-well-project/

EDIT: Did you know that you can donate via the tipbot on reddit?
+/u/vertcointipbot VvDTnXrkJT7VovnBdkC9LYN49AcNbJjX2h 1 VTC

Donated 5 more VTC! If everyone here donates 1 more, we will surely meet the target! Think of the good publicity and value this would bring to Vertcoin when the media picks it up.
hero member
Activity: 798
Merit: 1000
Little question concerning p2p mining

I've been mining vertcoin now for 1.5 days p2p and I'm quite happy with the results, i seem to get about similar amount as what the profit calculators predict for my hashrate.

However, there is a strange anomaly i can't get a grip on. At the p2p pool I'm mining i have the fastest hashrate but there is this other address of somebody with smaller hashrate who constantly gets bigger payout then me, how is this possible? I did notice my diff is higher then for the other people there, could that be the reason?




if a person finds a block they get a better portion of the reward for that block.
also the reward is based on how many shares you submit and are accepted not your hash rate.
the prediction is just that.. a prediction based on how quickly shares are being submitted by your miner.

the time it takes so calculate a share and submit it to the pool is variable... so if you are lucky and submit 3 in a row quickly then the predicted payout will go up.. if you are unlucky and submit several shares  slowly the rate will go down.
hero member
Activity: 798
Merit: 1000
Anyone have any idea why pools get ddos attacked so much?

Is this coin warfare? Or some entity outside of coins?

Possibly even pool warfare?

Not throwing blame here just trying to understand why it's so rampant.

they DDOS for two reasons.

some don't like competing coins..

but the most common reason is that they are mining the coin themselves and they don't like competition.

the more people they can shut out of mining the more coins they can get for themselves.

If someone has a botnet they are using for mining.. its childs play to use that botnet to also attack pools with a DDOS and maximize their profits.

this is why decentralized P2pools are the way of the future...



newbie
Activity: 28
Merit: 0
so to the guy that says Dogecoin is a shit coin are you delusional or just stupid? i dont know many coins that in a month there value has gone up 1000% and stayed pretty steady. people used to say that about infinitecoin when it came out i bought 10 million on ebay when it was basically worthless for under $100 when the value skyrocketed they were worth over $4000.
sr. member
Activity: 364
Merit: 250
I guess you guys are all regretting not selling at .015.

Not at all actually
hero member
Activity: 608
Merit: 500
I guess you guys are all regretting not selling at .015.

Thanks for this very insightful remark, what would this world be without observant heroes like you?  Roll Eyes
hero member
Activity: 826
Merit: 500
I guess you guys are all regretting not selling at .015.
hero member
Activity: 608
Merit: 500
Little question concerning p2p mining

I've been mining vertcoin now for 1.5 days p2p and I'm quite happy with the results, i seem to get about similar amount as what the profit calculators predict for my hashrate.

However, there is a strange anomaly i can't get a grip on. At the p2p pool I'm mining i have the fastest hashrate but there is this other address of somebody with smaller hashrate who constantly gets bigger payout then me, how is this possible? I did notice my diff is higher then for the other people there, could that be the reason?

member
Activity: 87
Merit: 10
Biding their time:
Watching Vertcoin for the last week has been to watch mastery at work. The investors who are pulling in the coins are crafty. They never take down a sell wall, they never pull too much at once to make the price go up. Sometimes they even put their own sell wall back if it looks like the price is going to inflate.

They’re consolidating their positions while the less-savvy go wandering from coin-to-coin looking for the quick buck. And in six months when the coins with no innovation and the pre-mined coins are all fallen into the wastelands, Vertcoin will be climbing into the rarefied ranks of the few who have made it big and people are going to be saying “I could'a, should'a, would'a” the way they do with bitcoin.


Mining PANDA, Selling PANDA, buying VTC.  This time next year, I may just pay off my house with crypto.  Smiley  And I only bought the house a year ago. 
member
Activity: 109
Merit: 10
Congratulations! Over 1000 VTC have been pledged towards clean water. Help spread the word and get us to our minimum goal of 1400 Vertcoins! Clean water project almost fully funded (75% complete!) Please upvote, share, and donate to help us reach our goal!

http://vertcoinmarket.com/campaigns/vertcoin-fundraiser-for-the-water-project/
Donate here: VvDTnXrkJT7VovnBdkC9LYN49AcNbJjX2h

The funds are held in ESCROW by Moolah and will be donated to a water project at: http://thewaterproject.org/sponsor-a-water-project.php
The worldcoin water project is here: https://thewaterproject.org/community/profile/brandon-brown

If, at the time of conversion, our funds are greater than or equal to $5k USD, we can underwrite our own project. Otherwise, we will contribute to an existing project. (I'm almost leaning towards keeping the fundraiser open and doing it this way instead, but we'll vote before funds are released).

I've included the email correspondence with the president of thewaterproject here:
http://www.scribd.com/doc/207323716/The-Water-Project-Peter-Chasse-responds

The guys over at /r/worldcoin have said that they found their funds and will be continuing the fundraiser.
http://www.reddit.com/r/worldcoin/comments/1xjxfa/helping_our_crypto_brothers_fund_the_african_well/cfd5wb5

Initial threads here: http://www.reddit.com/r/vertcoin/comments/1xjq8i/african_well_project_underfunded_due_to_drop_in/
And here: http://www.reddit.com/r/vertcoin/comments/1xkbh5/over_1000_in_vtc_donated_to_the_african_well/

Press coverage here: http://www.cryptocoinsnews.com/2014/02/10/worldcoin-price-crash-problem-african-well-project/

EDIT: Did you know that you can donate via the tipbot on reddit?
+/u/vertcointipbot VvDTnXrkJT7VovnBdkC9LYN49AcNbJjX2h 1 VTC
newbie
Activity: 31
Merit: 0
Could I ask users at vertcoin heavy industries to check their payout addresses? I have moved all the coins off the server into cold storage but I want to make sure no one has had their account compromised. If you find anything wrong please PM me or use the contact form.
full member
Activity: 168
Merit: 100
Devs,

anoncoin is in the late stages of finalizing implementation of zerocash (based on the original Zerocoin paper).

Will this alter your time frame on integrating the system into Vertcoin?

http://www.reddit.com/r/Anoncoin/comments/1x71aj/zerocoin_update/

http://www.reddit.com/r/Anoncoin/comments/1v5edy/any_update_on_zerocoin_implementation/




Very good news, if he releases the code in next week, we definitely will take a look and see how can we improve and make it fixed to Vertcoin.
member
Activity: 79
Merit: 10
MINING POOL VTCWEB.POOLZ.NET HAS MOVED TO DDoS PROTECTED DATACENTER IN MONTREAL!!!
Powerful 16-core 32 Gb physical (not virtual) servers
High Efficiency
NOW STABLE AND DDoS PROTECTED
full member
Activity: 159
Merit: 100
This address VhDQniRDXfNVQmDy7mNt7JNXGfG9gDyPQ9 seems to keep on stealing coins, how to stop it Huh

F*ck, the number of coins of this address is increasing quickly. Increased for 530 coins.
full member
Activity: 224
Merit: 100
Anyone have any idea why pools get ddos attacked so much?

Is this coin warfare? Or some entity outside of coins?

Possibly even pool warfare?
DDoS attacks are cheap, lots of pools are small; it'd take very little money to hose many of them effectively with a botnet. Nobody stays on a pool that's down or regularly unresponsive, and the number of people that would jump ship may well be worth the expense. In the case of Pandacoin vs Vertcoin it could also be factions from each side. It's worth noting that Pandacoin's network hashrate now exceeds that of Vertcoin. The people who are invested in Pandacoin doubtless appreciate the threat that Vertcoin represents. It would be silly to assume that these individuals wouldn't spend a few bitcoins on a botnet if they think they will gain from it (this also holds true for Vertcoin and its supporters).

Best security against DDOS attacks is to use P2Pools

Azure Vertcoin Pool - DDOS reisistant P2Pool Node

http://cryptopool.cloudapp.net:9171/

No registration - No minimal payout!
hero member
Activity: 605
Merit: 500
This might be a known issue but chrome is blocking the windows download in the original post as a malicious file
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