will one of you guys link the updated linux .gz here i swear sunny posted it many pages ago but after twenty minuts of searchinbg i can't find it
Topic: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency - page 132. (Read 688812 times)
July 11, 2013, 02:23:56 AM
July 11, 2013, 02:17:30 AM
It's a smart idea, but mathematically, Primecoin is on a race to the bottom, so I have to play a little Game Theory.
$40 for just typing setgenerate true 3 days ago is clearly unsustainable, sooo http://www.youtube.com/watch?v=HX0fIi3H-es
$40 for just typing setgenerate true 3 days ago is clearly unsustainable, sooo http://www.youtube.com/watch?v=HX0fIi3H-es
Of course. But think about this: the harder they get to generate, the more they may be worth. So price may go UP, not down.
I'm with Wolf0 on this one, anyone 'dumping' their XPM now because they think the price is going to drop is not understanding the exponential difficulty increases that lye ahead for primecoin.
I've traded some XPM for 0.25 LTC, only because I wanted to hold more LTC. IMO primecoin is going to be worth more than this in months/years from now.
July 11, 2013, 02:13:35 AM
Anyone know the Primecoin prefix so we can use vanitygen? I don't know where to look for it in the source.
23
July 11, 2013, 02:10:24 AM
Has anyone got a block recently?
There is no block since last 12 hours
My block rate has massively decreased in the last 12 hours
July 10, 2013, 11:43:19 PM
Doesn't work, needs libgcc DLL.
Sorry about that, I will recompile with static.
Add '-static' to the end of the LDFLAGS in the makefile.
That doesn't seem to help. I notice the primecoin-qt.exe is only 8MB compared to 22MB for the original. It runs as long as I have the DLLS in the system windows path, but that's annoying to do on multiple machines. Do I need to include the /bin/ dirs somewhere in the makefile? Something is not linking...
Dude, you first have to have static libs to link against.
Isn't that why I include all this stuff....
INCLUDEPATHS= \
-I"$(CURDIR)" \
-I"c:/deps/boost_1_54_0" \
-I"c:/deps/db-4.8.30.NC/build_unix" \
-I"c:/deps/openssl-1.0.1e/include"
LIBPATHS= \
-L"$(CURDIR)/leveldb" \
-L"c:/deps/boost_1_54_0/stage/lib" \
-L"c:/deps/db-4.8.30.NC/build_unix" \
-L"c:/deps/openssl-1.0.1e" \
-L"C:/Qt/4.8.5/lib" \
-L"C:/Qt/4.8.5"
LIBS= \
-l leveldb \
-l memenv \
-l boost_system$(BOOST_SUFFIX) \
-l boost_filesystem$(BOOST_SUFFIX) \
-l boost_program_options$(BOOST_SUFFIX) \
-l boost_thread$(BOOST_SUFFIX) \
-l boost_chrono$(BOOST_SUFFIX) \
-l db_cxx \
-l ssl \
-l crypto
Okay, you probably aren't a coder, so let me explain. There are two types of libraries, static and dynamic. Static libraries are literally included inside the executable file, dynamic libraries are not. Most apps use dynamic libraries these days, because they only have to be loaded into memory once, and then everything that needs it can access it. Because of this, when you build a library like Boost, usually you build dynamic libraries. Dynamic libraries on Windows are DLL files, that's how you can tell.
No, I totally understand all that. What I don't understand is literally where I specify that a specific library should be static vs dynamic. I put the -static flag in the build command (along with a few other variations), but it didn't change anything. I listed the LIBS above because I thought maybe I f'd up a path that would be obvious to someone else... :/
See bold above. You probably didn't BUILD the static libs.
July 11, 2013, 02:06:41 AM
At the current pace of difficulty, block reward will be less than 1 XPM in 25 days. You are looking at a massive spike in valuation when people realize this coin will have a very limited supply.
You haven't understood the block reward calculation, nor the scale of the difficulty.The reward per block is always equal to 999 divided by the square of the difficulty, so a difficulty of 9 would reward 12.33 XPM and a difficulty of 10 would reward 10 XPM.
Difficulty has risen from 7 to 7.7 in 3.5 days, however each integer of difficulty is exponentially harder to calculate.
I thought difficulty will rise a lot when GPU miners appear?
The prime number searching range for Primecoin is roughly 2^255 ~ 2^2000 ( 76 digits ~ 602 digits ). For the sake of simplicity, let's assume the primes are about 10^100. According to the Prime number theorem, the prime number distribution of this range is about 1 prime number in 230 integers. When difficulty grows from 7 to 8, it means the miner needs to find a prime chain of length 8 instead of 7, making the likelihood to 1/230 of before. In other words, it takes 230 times longer to find a 8-chain than a 7-chain if we assume the mining power remain the same. It would take 230*230*230 = 12167000 times longer to find a 10-chain, that's 10 million times more difficult.
Now let's take the GPU and other possible device into account. The GPU is very efficient of calculating hash, but in the specific case of primecoin, it doesn't seem have the same kind of advantage. Unless there are some specially designed hardware for prime searching, the mining speed at most will be less than 1000x faster.
So it is quite clear that even with 10000x more miners equipped with monster machines, it is still not even close to reach difficulty 10.
July 11, 2013, 01:55:06 AM
Has anyone got a block recently?
There is no block since last 12 hours
July 11, 2013, 01:54:07 AM
At the current pace of difficulty, block reward will be less than 1 XPM in 25 days. You are looking at a massive spike in valuation when people realize this coin will have a very limited supply.
Like I said, speculation rarely keeps up with minting after the hype in Altcoins, and the fact that I made $40 just running my i7 desktop for 3 days makes me very cautious about the valuation.The fact that I made astronomical returns not doing a fucking thing for a couple years makes me very cautious about the valuation of bitcoin. I mean, seriously...what kind of fucking idiot would pay more than $0.0002 cents for that digital shitheap?
The value of things when they have existed for a grand total of
July 11, 2013, 01:51:20 AM
July 11, 2013, 01:50:56 AM
should i sell now or will the value go up in future?
oh the irony 'captainfuture'
July 11, 2013, 01:27:57 AM
should i sell now or will the value go up in future?
Brb, let me get my crystal ball. July 11, 2013, 01:27:15 AM
I sold 70 primecoins for .25BTC on Coins-e a few hours ago and cleaned out the bid table. Lol I love small markets.
yeah suckers born every minute.
why buy primecoin....hey I'll sell you actual real life prime numbers if you like people?
Interesting conjecture: If a primecoin miner discovered a prime worthy of academic record (ref this thread) Then they could sell the private key to someone who wanted to have their name on record as 'discovering' the prime...
July 10, 2013, 10:47:29 PM
It's a smart idea, but mathematically, Primecoin is on a race to the bottom, so I have to play a little Game Theory.
$40 for just typing setgenerate true 3 days ago is clearly unsustainable, sooo http://www.youtube.com/watch?v=HX0fIi3H-es
$40 for just typing setgenerate true 3 days ago is clearly unsustainable, sooo http://www.youtube.com/watch?v=HX0fIi3H-es
Of course. But think about this: the harder they get to generate, the more they may be worth. So price may go UP, not down.
We have to predict if the money brought into the Primecoin market by speculators can keep pace with or exceed the rate at which they are generated. Looking back on the hundreds of failed Altcoins, the only logical action I can take is to sell when hype is high.
You have a point. This isn't another shitcoin, but you do have a point.
July 11, 2013, 01:25:41 AM
should i sell now or will the value go up in future?
July 11, 2013, 01:13:25 AM
make sure your current block is incrementing if you're using the client I compiled, one of my local copy wasn't wanting to increment blocks.
Here's a complete zip file with all needed dlls, and it follows current block properly.
https://www.dropbox.com/s/6dwcc5p1koj86vz/release5.zip
release5 is working only on PC with i5. All other PC with celeron, sempron, athlon etc doesn't work with this client(((((((((((((((Here's a complete zip file with all needed dlls, and it follows current block properly.
https://www.dropbox.com/s/6dwcc5p1koj86vz/release5.zip
Check out the other thread, I have a few different build flavors you can try. This one might do: https://bitcointalksearch.org/topic/m.2704112
July 11, 2013, 01:11:53 AM
There was no trade executed for 0.0004...
from coin-e
Sell 11-Jul-13 00:46:52 0.00040000 50.00000000 0.00000000 Executed
yea! i see why people say not to trade while drinking.. headache meds can be the same
and to think this morning i could have bought the awesome buy orders and made 1.5btc FML!!!
seriously if this purchase was one of you guys that's coin rich.. it would be cool if you at least give me half the buy back lol.. i say this because stranger things have happened.. to me especially.. i'm fucking entitled!
What your coins actually sold for....
11-Jul-13 00:46:53 0.00200000 1.85000000 0.00370000
11-Jul-13 00:46:54 0.00110005 42.20000000 0.04642211
11-Jul-13 00:46:56 0.00110001 5.95000000 0.00654506
Do I get a cut of the difference between what you thought you sold for and what you actually sold for?
AbPD4fktQq1tx7dmGwM2wXc9zqs1Qp2MRA if you have any more xpm thanks
lol I REALLY wish what you were looking at was me... thanks for tryin to make me feel better lol
July 11, 2013, 01:11:45 AM
make sure your current block is incrementing if you're using the client I compiled, one of my local copy wasn't wanting to increment blocks.
Here's a complete zip file with all needed dlls, and it follows current block properly.
https://www.dropbox.com/s/6dwcc5p1koj86vz/release5.zip
release5 is working only on PC with i5. All other PC with celeron, sempron, athlon etc doesn't work with this client((((((((((((((( Here's a complete zip file with all needed dlls, and it follows current block properly.
https://www.dropbox.com/s/6dwcc5p1koj86vz/release5.zip
July 11, 2013, 12:53:58 AM
There was no trade executed for 0.0004...
from coin-e
Sell 11-Jul-13 00:46:52 0.00040000 50.00000000 0.00000000 Executed
but you must have gotten 2.5x that ammount as it cost the buyers 0.0010001 and 0.0010005
July 11, 2013, 12:47:40 AM
How many people running botnets/server farms?
July 10, 2013, 10:37:43 PM
It's a smart idea, but mathematically, Primecoin is on a race to the bottom, so I have to play a little Game Theory.
$40 for just typing setgenerate true 3 days ago is clearly unsustainable, sooo http://www.youtube.com/watch?v=HX0fIi3H-es
$40 for just typing setgenerate true 3 days ago is clearly unsustainable, sooo http://www.youtube.com/watch?v=HX0fIi3H-es
Of course. But think about this: the harder they get to generate, the more they may be worth. So price may go UP, not down.
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