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Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 89. (Read 1232701 times)

newbie
Activity: 57
Merit: 0
for the moment the problem is not algo , the problem is the price because if the price of vertcoin would be higher the miners wiill mine even scrypt -n   ..... because they can make profit and sustain the network
sr. member
Activity: 378
Merit: 250
I always buy 100 coins per day.

g0re79: Please go home if you are not interested to buy now. Always complaining but not buying yourself when price is good Grin.
Price is far from "good". It's very low and dropping at an ever increasing rate compared to say LTC. I agree that Vert is now all but dead. Nice concept to be ASIC resistant, but the market has moved on, X11 is the new wonder ALT and no one cares about ASIC resistance anymore except the die-hard believers on this thread.  Be friendly to Multipools, they won't go away and learn from history that if you try to buck the market you will lose big time.

when KnC delivers their first Scrypt-Asics with 400 MH or more people will switch again to coins that are asic proof. and there it doesnt matter if a coin has x11 or lyra2. x11 got random in the last month. lyra2 is uniquer. only problem I see is the multipool thing as you mentioned.

Miners need to pay bills. If the price of vtc is low and you only can mine vtc with your lyra2-miner people won`t choose vtc. It isn`t profitable for them. So they will choose the multipool.
But if the price rises again and it will, everything will be good Smiley
legendary
Activity: 3136
Merit: 1116
I guess you gotta be doing something right to draw the trolls in?
newbie
Activity: 10
Merit: 0
I always buy 100 coins per day.

g0re79: Please go home if you are not interested to buy now. Always complaining but not buying yourself when price is good Grin.
Price is far from "good". It's very low and dropping at an ever increasing rate compared to say LTC. I agree that Vert is now all but dead. Nice concept to be ASIC resistant, but the market has moved on, X11 is the new wonder ALT and no one cares about ASIC resistance anymore except the die-hard believers on this thread.  Be friendly to Multipools, they won't go away and learn from history that if you try to buck the market you will lose big time.
hero member
Activity: 600
Merit: 500
I always buy 100 coins per day.

g0re79: Please go home if you are not interested to buy now. Always complaining but not buying yourself when price is good Grin.
sr. member
Activity: 476
Merit: 250
I´ve got a picture! Haha!
member
Activity: 148
Merit: 10
newbie
Activity: 2
Merit: 0
New Developments?  Please summarize.

Stealth addresses have been working for a month, expect them to be open sourced in the next month or so.

Algo is being changed to lyra2 in anticipation of scrypt-n asics (and possibly other influencing factors as well).

Block reward may or may not be tweaked to try and prevent multipool dumping or to address inflationary concerns (assuming probably with hard fork to switch to new algo).
Green currency prices fell by more than ten times, don't know developers is how to treat?
legendary
Activity: 3136
Merit: 1116
New Developments?  Please summarize.

Stealth addresses have been working for a month, expect them to be open sourced in the next month or so.

Algo is being changed to lyra2 in anticipation of scrypt-n asics (and possibly other influencing factors as well).

Block reward may or may not be tweaked to try and prevent multipool dumping or to address inflationary concerns (assuming probably with hard fork to switch to new algo).
sr. member
Activity: 378
Merit: 250
New Developments?  Please summarize.
hero member
Activity: 770
Merit: 500
We need to keep positive momentum going guys, the price is still very cheap for VTC, keep buying if you can. I just bought another batch for myself  Wink

yeah nice momentum after some time for VTC.
full member
Activity: 182
Merit: 100
We need to keep positive momentum going guys, the price is still very cheap for VTC, keep buying if you can. I just bought another batch for myself  Wink
sr. member
Activity: 378
Merit: 250
legendary
Activity: 1120
Merit: 1000
Do we see a pump on cryptsy? price @ 33 000

price @ 40 000  Wink
sr. member
Activity: 378
Merit: 250
Do we see a pump on cryptsy? price @ 33 000

Indeed, it's following in MintPal, it's slow I really like it  Cheesy  but multipools will come back with these prices...

how far will it go?
hero member
Activity: 854
Merit: 1002
Do we see a pump on cryptsy? price @ 33 000

Indeed, it's following in MintPal, it's slow I really like it  Cheesy  but multipools will come back with these prices...
legendary
Activity: 3136
Merit: 1116
not Mintpal.
It's Cryptsy cold storage.

on all crypto, there is the same pattern.
seems Cryptsy make some cleanup

EDIT : you can follow wafflepool blocks for verify it :
VgoL97E5CEbPJtcfuNHw9B8rEudTgVQeC6 (Wafflepool address) =>
VgWcge7qn5UdocZGsnwjMgpMscmL4WbNPb (deposit address for Wafflepool) =>
VmyrQqRrYNFUWD5cFNnToy7qpfMZjMfbPm (one consolidate address (25k)) =>
ViLUCuu6xWBCC388YV7xZVZhxH2e2XFZZW (cold storage)

interesting, thanks for info  Smiley
sr. member
Activity: 378
Merit: 250
Do we see a pump on cryptsy? price @ 33 000
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