Yacoin Price about to Jump - page 6.

miaviator

donator

Activity: 686

Merit: 519

It's for the children!

Quote from: Hydroponica on May 12, 2013, 03:47:12 PM

Quote from: bitdwarf on May 12, 2013, 03:38:42 PM

Quote from: Hydroponica on May 12, 2013, 03:22:36 PM

You'd be better keeping it to yourself, because if these fanboys, find out that it's being GPU mined, they'll have nothing left to hold on too.

One thing to consider is that, one doesn't just GPU mine YaCoins. GPU mining YACs has to be more profitable than CPU mining YACs + GPU mining something else, otherwise it's a waste. Anyone doing it would have to believe YAC value would skyrocket.

At it's current prices, YAC isn't profitable to mine, with anything

Lol. at .00001 YAC is profitable to mine for a lot of people. Remove electric and server costs (and thief's and botnets) and there is likely a population with access to cputime with $0 cost. I know a lot of call centers with hundreds of low power seldom used PC's. If each gets 10Khash and the electric is included in rent, a system admin could easily work out a profit sharing deal to use the PC's on off hours. Even at $1 a month once automated it's profitable.

eule

hero member

Activity: 756

Merit: 501

Quote from: spoid on May 12, 2013, 04:51:05 PM

huh, and where would that be?

http://host-unlimited.de/vserver
Will take some days to get setup though (despite them advertising with 60 minute express setup, it's bs) and their support sucks, also some little downtimes. But for the price i can't complain.

spoid

hero member

Activity: 532

Merit: 500

bearded, drunk, fat, naked

Quote from: eule on May 12, 2013, 02:39:39 PM

Amazon is overpriced, i get a month of 300 khash for 15€, that would get you a day @ Amazon...

huh, and where would that be?

bitdwarf

sr. member

Activity: 406

Merit: 250

The cryptocoin watcher

xibeijan

legendary

Activity: 1232

Merit: 1001

Quote from: kooke on May 12, 2013, 04:36:20 PM

Yacoin Price about to Jump

I'm sure that's what you wish for, so that you can buy some.

Better stop cryin' and start buying.

kooke

sr. member

Activity: 448

Merit: 250

Bitcoin super-duper-mega-ultra-hyper-node

Yacoin Price about to Jump

xibeijan

legendary

Activity: 1232

Merit: 1001

So far YAC's "IPO" on bter.com has been very successful and quite different than that of CNC and FTC.

1) FTC and CNC both opened high and closed low.

* YAC opened low and is currently at about the same price it opened. Suggesting strength and also a good buy (since it opened low).

2) FTC and CNC had nothing behind them technologically, no upcoming events which could cause a rally or continued interest in them

* YAC has dynamic N factor and upcoming events when the N-factor will change and difficulty will drop, giving CPU miners some incentive to mine.

Date of interest

May 14, N=64, 8Kb
May 17, N=128, 16Kb
May 20, N=256, 32Kb
May 29, N=512, 64Kb
...

And it keeps going until GPUs don't have enough memory.

So, I am extremely bullish on YAC. And I think the current price is a way early buy in point.

eule

hero member

Activity: 756

Merit: 501

Ofcourse i have taken difficulty changes and reward de-/increases into account. I may be off, but I'm rather sure it's not unprofitable to mine, at least for people having access to cheap and fast (virtual) servers, which means everyone.

Quote

Incrementing N will lead to immediate hashing speed decrease. Difficulty will reflect these speed changes (i.e. difficulty will decrease after N++) with lags. As soon as block reward depends on difficulty the reward will increase also and more miners will be motivated to join after N++. It's not easy to predict now but we can be sure that some waves will happen on each N++ event.

Things will get interesting. Wink

xibeijan

legendary

Activity: 1232

Merit: 1001

Quote from: megablue on May 12, 2013, 04:23:38 PM

Quote from: eule on May 12, 2013, 04:05:49 PM

Quote from: Hydroponica on May 12, 2013, 03:47:12 PM

Quote from: bitdwarf on May 12, 2013, 03:38:42 PM

Quote from: Hydroponica on May 12, 2013, 03:22:36 PM

You'd be better keeping it to yourself, because if these fanboys, find out that it's being GPU mined, they'll have nothing left to hold on too.

One thing to consider is that, one doesn't just GPU mine YaCoins. GPU mining YACs has to be more profitable than CPU mining YACs + GPU mining something else, otherwise it's a waste. Anyone doing it would have to believe YAC value would skyrocket.

At it's current prices, YAC isn't profitable to mine, with anything

I disagree. 15€ gets me 300 khash for a month. Pool says i get 20 coins a day (reward will rise again). 600YAC are currently worth 0.45BTC.

you haven't take into account the difficulty will increase and price will drop (which is typical for a new coin). both factors determine the profitability.

Except that the difficulty will drop at the next N++ on march 14th.

Anyway, it's BS to say price depends on negatively on difficulty b/c often difficulty increase means coin becomes more rare and price goes up.

YAC has what CNC and FTC lack--- something new-- fairness to CPU miners.

xibeijan

legendary

Activity: 1232

Merit: 1001

Quote from: Hydroponica on May 12, 2013, 03:16:09 PM

Last night, it was, oh, BTC-e is gonna add YAC, then it's gonna rocket to the moon. Didn't happen..... Roll Eyes

BTC-e _never_ says when or what they will add. They just do it suddenly.

And, I think they will likely add YAC, given the amount of discussion about it on their Trollbox!

megablue

member

Activity: 112

Merit: 10

Quote from: eule on May 12, 2013, 04:05:49 PM

Quote from: Hydroponica on May 12, 2013, 03:47:12 PM

Quote from: bitdwarf on May 12, 2013, 03:38:42 PM

Quote from: Hydroponica on May 12, 2013, 03:22:36 PM

You'd be better keeping it to yourself, because if these fanboys, find out that it's being GPU mined, they'll have nothing left to hold on too.

One thing to consider is that, one doesn't just GPU mine YaCoins. GPU mining YACs has to be more profitable than CPU mining YACs + GPU mining something else, otherwise it's a waste. Anyone doing it would have to believe YAC value would skyrocket.

At it's current prices, YAC isn't profitable to mine, with anything

I disagree. 15€ gets me 300 khash for a month. Pool says i get 20 coins a day (reward will rise again). 600YAC are currently worth 0.45BTC.

you haven't take into account the difficulty will increase and price will drop (which is typical for a new coin). both factors determine the profitability.

eule

hero member

Activity: 756

Merit: 501

Quote from: Hydroponica on May 12, 2013, 03:47:12 PM

Quote from: bitdwarf on May 12, 2013, 03:38:42 PM

Quote from: Hydroponica on May 12, 2013, 03:22:36 PM

You'd be better keeping it to yourself, because if these fanboys, find out that it's being GPU mined, they'll have nothing left to hold on too.

One thing to consider is that, one doesn't just GPU mine YaCoins. GPU mining YACs has to be more profitable than CPU mining YACs + GPU mining something else, otherwise it's a waste. Anyone doing it would have to believe YAC value would skyrocket.

At it's current prices, YAC isn't profitable to mine, with anything

I disagree. 15€ gets me 300 khash for a month. Pool says i get 20 coins a day (reward will rise again). 600YAC are currently worth 0.45BTC.

Hydroponica

full member

Activity: 182

Merit: 100

fml

Quote from: bitdwarf on May 12, 2013, 03:38:42 PM

Quote from: Hydroponica on May 12, 2013, 03:22:36 PM

You'd be better keeping it to yourself, because if these fanboys, find out that it's being GPU mined, they'll have nothing left to hold on too.

One thing to consider is that, one doesn't just GPU mine YaCoins. GPU mining YACs has to be more profitable than CPU mining YACs + GPU mining something else, otherwise it's a waste. Anyone doing it would have to believe YAC value would skyrocket.

At it's current prices, YAC isn't profitable to mine, with anything

bitdwarf

sr. member

Activity: 406

Merit: 250

The cryptocoin watcher

Quote from: Hydroponica on May 12, 2013, 03:22:36 PM

You'd be better keeping it to yourself, because if these fanboys, find out that it's being GPU mined, they'll have nothing left to hold on too.

One thing to consider is that, one doesn't just GPU mine YaCoins. GPU mining YACs has to be more profitable than CPU mining YACs + GPU mining something else, otherwise it's a waste. Anyone doing it would have to believe YAC value would skyrocket.

evershawn

sr. member

Activity: 308

Merit: 250

Vod is a liar

Everything is speculative. YACoin is a decent coin, it should gain some steam in my opinion. I think most of the people that are saying otherwise are doing nothing other than trolling other members from the level of intelligence that can be detected in their replies. I'd pay no mind to it. If you check these trolls, a lot of them troll all over these forums and are fairly useless members in general.

Hydroponica

full member

Activity: 182

Merit: 100

fml

Quote from: bitdwarf on May 12, 2013, 03:21:01 PM

Quote from: WindMaster on May 12, 2013, 03:13:34 PM

I think what's going to happen is that when GPU mining of Yacoin no longer appears economical, multiple people are going to post their modified cgminer source.

If I had a modified cgminer (which I don't, I'm a PHPtard), I would release it so people started mining at a loss, thus developing the perception that they would have to hold and wait for higher exchange prices to cover their costs. Grin

You'd be better keeping it to yourself, because if these fanboys, find out that it's being GPU mined, they'll have nothing left to hold on too.

Hydroponica

full member

Activity: 182

Merit: 100

fml

Quote from: AlternativeCypt on May 12, 2013, 03:17:31 PM

Quote from: Hydroponica on May 12, 2013, 03:16:09 PM

Last night, it was, oh, BTC-e is gonna add YAC, then it's gonna rocket to the moon. Didn't happen..... Roll Eyes

It's RELATIVITY. If someone bought in at .00043 and is selling now at .0008, you tell me who the fuck is about to double their profits from YAC.

So, that person has cashed out....Instead of holding on to them, hoping for a miracle rise in value?

bitdwarf

sr. member

Activity: 406

Merit: 250

The cryptocoin watcher

Quote from: WindMaster on May 12, 2013, 03:13:34 PM

I think what's going to happen is that when GPU mining of Yacoin no longer appears economical, multiple people are going to post their modified cgminer source.

If I had a modified cgminer (which I don't, I'm a PHPtard), I would release it so people started mining at a loss, thus developing the perception that they would have to hold and wait for higher exchange prices to cover their costs. Grin

AlternativeCypt

newbie

Activity: 28

Merit: 0

Quote from: Hydroponica on May 12, 2013, 03:16:09 PM

Last night, it was, oh, BTC-e is gonna add YAC, then it's gonna rocket to the moon. Didn't happen..... Roll Eyes

It's RELATIVITY. If someone bought in at .00043 and is selling now at .0008, you tell me who the fuck is about to double their profits from YAC.

jimhsu

sr. member

Activity: 364

Merit: 264

Quote from: AlternativeCypt on May 12, 2013, 03:14:21 PM

Quote from: Wolf0 on May 12, 2013, 03:10:03 PM

Quote from: AlternativeCypt on May 12, 2013, 03:08:29 PM

Quote from: Hydroponica on May 12, 2013, 03:06:22 PM

Quote from: AlternativeCypt on May 12, 2013, 03:04:18 PM

Quote from: Hydroponica on May 12, 2013, 03:02:00 PM

Guys, it's over. You missed your opportunity to cash out. Move on. Go back to mining LTC.

Such a foolish mentality

Such a niave little boy...Both FTC and CNC are doing poorly, but this one will do better, because it can only be mined by CPU, which costs considerably more them GPU mining. Why would anyone want to make more profit, mining a real, already tested coin, like LTC. That's just silly Roll Eyes

Play the market. I could give a fuck about FTC and CNC. What's happening now is that YAC is still extremely new and I'm still profiting highly from BTER. Don't try to tell me what makes me money lol. I've made over 500% from my initial investment. Go home, "little boy." BTW, "niave" is spelled "naive"... how naive of you Roll Eyes

I think you meant to say, "I couldn't give a fuck".

Logically, no. It works both ways. If I could give a fuck, it implies that I don't give a fuck already.

Same thing with "I could care less" and "I couldn't care less." People use both expressions. If I could care less, it presumes that I care already, and if someone says I couldn't care less, it means that you are at a level of caring that cannot lower, regardless of its level.

Obligatory: http://itre.cis.upenn.edu/~myl/languagelog/archives/001209.html

Topic: Yacoin Price about to Jump - page 6. (Read 10323 times)