★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 410.

solarion

hero member

Activity: 966

Merit: 513

Quote from: waldistons on April 25, 2014, 02:47:47 PM

OK, apparently I don't know shit. So, to protect others and not to embarrass @solarion because of me, I'm not posting here until I get cryptos so good, that I can port wallet to any programming language and build my own coin from scratch.

Alternatively, you could consider reading the thread you're posting in. Nah, out of the question.

waldistons

sr. member

Activity: 294

Merit: 250

OK, apparently I don't know shit. So, to protect others and not to embarrass @solarion because of me, I'm not posting here until I get cryptos so good, that I can port wallet to any programming language and build my own coin from scratch.

LionOfNarnia

hero member

Activity: 938

Merit: 1000

Crypto-missionary to the Kingdom of Rhegged

Interesting!

http://www.bbc.co.uk/news/technology-27143341

solarion

hero member

Activity: 966

Merit: 513

Quote from: waldistons on April 25, 2014, 01:58:38 PM

Quote from: solarion on April 25, 2014, 01:34:10 PM

Quote from: waldistons on April 25, 2014, 01:12:56 PM

If there is no hash on network to process PoS things and secure transactions, then I'll be batman, ok

aim your 28kh here:

http://www.zeitpool.zeit-coin.com/

Mining Zeitcoin directly is neither profitable or necessary.

Mining in pool for 1 ZEIT reward definitely is not currently (at the time of writting this) profitable for me. I can make more mining YC Cheesy

well, while hashrate was low, I solomined 197 blocks today with my 28 khash in approximately 5.5 hours time FYI. That's more I'm getting in minting. I know when it's useful to mine with my low hash or not. I'm not as dumb as everyone thinks I am. Now when hash is back to ~2 Mhash/sec, I guess I can forget about my 51% attack... Sad

Hashrate is low and shall remain low until hashrate is non-existent and PoW is disabled. PLEASE READ THIS THREAD, I'm getting embarrassed for you.

There is no 51% threat here even if the hashrate is zero.0 You're making decisions based on a misconception.

waldistons

sr. member

Activity: 294

Merit: 250

Quote from: solarion on April 25, 2014, 01:34:10 PM

Quote from: waldistons on April 25, 2014, 01:12:56 PM

If there is no hash on network to process PoS things and secure transactions, then I'll be batman, ok

aim your 28kh here:

http://www.zeitpool.zeit-coin.com/

Mining Zeitcoin directly is neither profitable or necessary.

Mining in pool for 1 ZEIT reward definitely is not currently (at the time of writting this) profitable for me. I can make more mining YC Cheesy

well, while hashrate was low, I solomined 197 blocks today with my 28 khash in approximately 5.5 hours time FYI. That's more I'm getting in minting. I know when it's useful to mine with my low hash or not. I'm not as dumb as everyone thinks I am. Now when hash is back to ~2 Mhash/sec, I guess I can forget about my 51% attack... Sad

solarion

hero member

Activity: 966

Merit: 513

Btctalk...used and thrown away. Cheesy

LionOfNarnia

hero member

Activity: 938

Merit: 1000

Crypto-missionary to the Kingdom of Rhegged

Quote from: angryacorn on April 25, 2014, 01:16:45 PM

o shiza! HEPPY HEPPY HEEEPPPY BIFFDAY OLD MAN LION!!!!!! Wink

hope you had a great day! and have one hell of a weekend! age is just a number and after 23 you can get in anywhere.....so go wild my friend GO WILD! will have a pint on your behalf tonyt. Cheers

It's not today it's 2moz (nobody puts their REAL b'day on a public forum do they?), but the (home-brewed) beer has started flowing & I even have a wee chunk of 4:20 to ease my frustrations with this place Wink

SOLARION there are other ways to communicate than actually on the forum, I'm permanently logged in there but others only do when needed as they are coding/testing/whatever techy types do & they have their discussions by new-fashioned stuff like carrier pidgin & horseback herald I guess.

FOR EVERYONE'S benefit, let me enlighten you -

This thread IS NOT the epicentre of Zeit Movement thinking, and it's (un)importance will decrease ever more over time. Sorry, but that's just how it is ....

The people FROM HERE who are actually committed to the goals of the OP have mostly let themselves be known.

The rest, no matter how good their advice is, are ONLY here for the profit, they don't give a fuck for the bigger picture or the goals & dreams of the true supporters. Stop pretending otherwise!

The future for this movement lies a LONG way beyond & above this 'den of thieves', brother & sisters.

You'll see Wink

solarion

hero member

Activity: 966

Merit: 513

Quote from: waldistons on April 25, 2014, 01:12:56 PM

If there is no hash on network to process PoS things and secure transactions, then I'll be batman, ok

aim your 28kh here:

http://www.zeitpool.zeit-coin.com/

Mining Zeitcoin directly is neither profitable or necessary.

sdersdf2

full member

Activity: 224

Merit: 100

Quote from: LionOfNarnia on April 25, 2014, 12:46:47 PM

Quote from: solarion on April 25, 2014, 11:08:26 AM

Quote from: sdersdf2 on April 25, 2014, 10:56:15 AM

I see that the Zeitcoin dev hasnt posted on BTT since the 13th: https://bitcointalksearch.org/user/zeitcoin-248641
Is he still active on this coin? If so, doing what?

http://forum.zeit-coin.com/

Moving to there almost exclusively isn't a decision I necessarily agree with, but what can you do right...freewill and all that.

The reasons that the staff team aren't here as much as they used to be are:-

1) We're all VERY f***ing busy doing stuff 'for the future' that you'll hear about when they are completed.

2) Even important posts here get swamped so quickly that it's becoming inefficient to even try to keep them bumped until enough of you have seen them.

3) Most of the talk here is of the "when can I cash out & make a fat profit" variety, which is the one thing NOT being talked about by the community.

The ZeitCoin Community was, is, and always will be about SO much more than personal greed. That's why we're there & you are here.

Have a great weekend, vultures.

getting a bad vibe about this somewhat defensive response.

Oto3

member

Activity: 195

Merit: 10

Happy birthday!

angryacorn

member

Activity: 112

Merit: 10

o shiza! HEPPY HEPPY HEEEPPPY BIFFDAY OLD MAN LION!!!!!! Wink

hope you had a great day! and have one hell of a weekend! age is just a number and after 23 you can get in anywhere.....so go wild my friend GO WILD! will have a pint on your behalf tonyt. Cheers

waldistons

sr. member

Activity: 294

Merit: 250

If there is no hash on network to process PoS things and secure transactions, then I'll be batman, ok

solarion

hero member

Activity: 966

Merit: 513

Holy uninformed posts batman. Shocked

For the love of god waldistons, read for awhile. Please?

Start with the thread title:

Quote from: waldistons on April 25, 2014, 01:00:49 PM

But most importantly - you could turn on some miners against ZEIT first! Today I decided to try solo mining ZEIT, and was getting a block every couple of minutes. Then I went to nap for couple hours. And when I woke up - WOALA - 1 Mhash of network is gone:

Code:

"blocks" : 213474,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00029415,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 65066,
"pooledtx" : 0,
"testnet" : false

Basically, if I turn on cpu mining on my laptop, I have 51% of network. Luckily I managed to sell quick (missed the 4 sat order on mintpal), but still got ~ 0.01 BTC for selling all my ZEIT. For the sake of community, I'll leave my 28 khash miner on for a while (I'm getting a block every ~2minutes), so network keeps working, but I really feel bad about guys picking them up at exchanges.

waldistons

sr. member

Activity: 294

Merit: 250

But most importantly - you could turn on some miners against ZEIT first! Today I decided to try solo mining ZEIT, and was getting a block every couple of minutes. Then I went to nap for couple hours. And when I woke up - WOALA - 1 Mhash of network is gone:

Code:

"blocks" : 213474,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00029415,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 65066,
"pooledtx" : 0,
"testnet" : false

Basically, if I turn on cpu mining on my laptop, I have 51% of network. Luckily I managed to sell quick (missed the 4 sat order on mintpal), but still got ~ 0.01 BTC for selling all my ZEIT. For the sake of community, I'll leave my 28 khash miner on for a while (I'm getting a block every ~2minutes), so network keeps working, but I really feel bad about guys picking them up at exchanges.

solarion

hero member

Activity: 966

Merit: 513

Quote from: LionOfNarnia on April 25, 2014, 12:46:47 PM

Quote from: solarion on April 25, 2014, 11:08:26 AM

Quote from: sdersdf2 on April 25, 2014, 10:56:15 AM

I see that the Zeitcoin dev hasnt posted on BTT since the 13th: https://bitcointalksearch.org/user/zeitcoin-248641
Is he still active on this coin? If so, doing what?

http://forum.zeit-coin.com/

Moving to there almost exclusively isn't a decision I necessarily agree with, but what can you do right...freewill and all that.

The reasons that the staff team aren't here as much as they used to be are:-

1) We're all VERY f***ing busy doing stuff 'for the future' that you'll hear about when they are completed.

2) Even important posts here get swamped so quickly that it's becoming inefficient to even try to keep them bumped until enough of you have seen them.

3) Most of the talk here is of the "when can I cash out & make a fat profit" variety, which is the one thing NOT being talked about by the community.

The ZeitCoin Community was, is, and always will be about SO much more than personal greed. That's why we're there & you are here.

Have a great weekend, vultures.

Not real sure who "we" and "they" are, but:

Happy birthday anyway.

LionOfNarnia

hero member

Activity: 938

Merit: 1000

Crypto-missionary to the Kingdom of Rhegged

Quote from: solarion on April 25, 2014, 11:08:26 AM

Quote from: sdersdf2 on April 25, 2014, 10:56:15 AM

I see that the Zeitcoin dev hasnt posted on BTT since the 13th: https://bitcointalksearch.org/user/zeitcoin-248641
Is he still active on this coin? If so, doing what?

http://forum.zeit-coin.com/

Moving to there almost exclusively isn't a decision I necessarily agree with, but what can you do right...freewill and all that.

The reasons that the staff team aren't here as much as they used to be are:-

1) We're all VERY f***ing busy doing stuff 'for the future' that you'll hear about when they are completed.

2) Even important posts here get swamped so quickly that it's becoming inefficient to even try to keep them bumped until enough of you have seen them.

3) Most of the talk here is of the "when can I cash out & make a fat profit" variety, which is the one thing NOT being talked about by the community.

The ZeitCoin Community was, is, and always will be about SO much more than personal greed. That's why we're there & you are here.

Have a great weekend, vultures.

sdersdf2

full member

Activity: 224

Merit: 100

Quote from: podizzle on April 25, 2014, 11:30:35 AM

Quote from: sdersdf2 on April 25, 2014, 11:26:48 AM

Quote from: podizzle on April 25, 2014, 11:23:45 AM

Quote from: sdersdf2 on April 25, 2014, 10:53:58 AM

Quote from: solarion on April 25, 2014, 10:22:57 AM

Quote from: podizzle on April 25, 2014, 09:59:33 AM

The bulky orders are because each step up is 20% at this point. Look up "pip" and "spread" on investopedia

Right. To stop these wannabe tycoons and their silly manipulations we have to move the price up, but to do that we have to buy and hold. I don't know who's buying at 3, and I don't know if those buys are going to show as sells at 4 very soon. Eventually the exchange will collapse and likely steal all the coins they were foolish enough to leave there, but before then they'll suppress the value of Zeitcoin if we don't stop them. This is precisely why it's difficult to get out of the low single digits. Zeitcoin was close to freedom, but people stopped buying so back we go.

how did things get to this point - I haven't seen any other new coins on Mintpal with queues that look like this.

thats because there are no other coins with 50 billion in circulation that trades between 1-10 satoshi. its unique to zeit. unfortunately it is a bit daunting to new investors. what this coin needs is big time btc in the bid side as a show of support.

What's happening development wise on the coin - is dev/marketing team planning anything to encourage that kind of support?

our wallet is staying updated with state of the art features. its better than nothing. i noticed greenpay (probably a scam) is making multipool mining available from within the wallet itself. pretty cool.

What's the dev's username at the Zeitcoin forum?

solarion

hero member

Activity: 966

Merit: 513

Quote from: podizzle on April 25, 2014, 11:23:45 AM

thats because there are no other coins with 50 billion in circulation that trades between 1-10 satoshi. its unique to zeit. unfortunately it is a bit daunting to new investors. what this coin needs is big time btc in the bid side as a show of support.

This is not correct.

"moneysupply" : 27310412826.79168700,

If you believe there are 50b floating around, then you should be buying like a madman as we won't reach that point for a very very long time.

podizzle

hero member

Activity: 535

Merit: 500

Quote from: sdersdf2 on April 25, 2014, 11:26:48 AM

Quote from: podizzle on April 25, 2014, 11:23:45 AM

Quote from: sdersdf2 on April 25, 2014, 10:53:58 AM

Quote from: solarion on April 25, 2014, 10:22:57 AM

Quote from: podizzle on April 25, 2014, 09:59:33 AM

The bulky orders are because each step up is 20% at this point. Look up "pip" and "spread" on investopedia

Right. To stop these wannabe tycoons and their silly manipulations we have to move the price up, but to do that we have to buy and hold. I don't know who's buying at 3, and I don't know if those buys are going to show as sells at 4 very soon. Eventually the exchange will collapse and likely steal all the coins they were foolish enough to leave there, but before then they'll suppress the value of Zeitcoin if we don't stop them. This is precisely why it's difficult to get out of the low single digits. Zeitcoin was close to freedom, but people stopped buying so back we go.

how did things get to this point - I haven't seen any other new coins on Mintpal with queues that look like this.

thats because there are no other coins with 50 billion in circulation that trades between 1-10 satoshi. its unique to zeit. unfortunately it is a bit daunting to new investors. what this coin needs is big time btc in the bid side as a show of support.

What's happening development wise on the coin - is dev/marketing team planning anything to encourage that kind of support?

our wallet is staying updated with state of the art features. its better than nothing. i noticed greenpay (probably a scam) is making multipool mining available from within the wallet itself. pretty cool.

sdersdf2

full member

Activity: 224

Merit: 100

Quote from: podizzle on April 25, 2014, 11:23:45 AM

Quote from: sdersdf2 on April 25, 2014, 10:53:58 AM

Quote from: solarion on April 25, 2014, 10:22:57 AM

Quote from: podizzle on April 25, 2014, 09:59:33 AM

The bulky orders are because each step up is 20% at this point. Look up "pip" and "spread" on investopedia

Right. To stop these wannabe tycoons and their silly manipulations we have to move the price up, but to do that we have to buy and hold. I don't know who's buying at 3, and I don't know if those buys are going to show as sells at 4 very soon. Eventually the exchange will collapse and likely steal all the coins they were foolish enough to leave there, but before then they'll suppress the value of Zeitcoin if we don't stop them. This is precisely why it's difficult to get out of the low single digits. Zeitcoin was close to freedom, but people stopped buying so back we go.

how did things get to this point - I haven't seen any other new coins on Mintpal with queues that look like this.

thats because there are no other coins with 50 billion in circulation that trades between 1-10 satoshi. its unique to zeit. unfortunately it is a bit daunting to new investors. what this coin needs is big time btc in the bid side as a show of support.

What's happening development wise on the coin - is dev/marketing team planning anything to encourage that kind of support?

Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 410. (Read 1009280 times)