Anyone who lost Zeit on CR will be interested in this. Seems there is new ownership of CR, old devs, programmers, whatever you want to call them looks to have been fired. And most importantly, there is a "plan" in place to reimburse all lost Zeit.
http://pastebin.com/K7cGNy15
Also, winevirus, I see that you stated you are the new dev of Zeit. Really? Is ZEITCOIN not running the show anymore?
Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 525. (Read 1009334 times)
March 26, 2014, 08:32:30 PM
March 26, 2014, 08:32:12 PM
something is odd, i can only account for about 40% of the network hashrate with listed pools
wheres the majority of our network hashrate coming from? Solominers?
wheres the majority of our network hashrate coming from? Solominers?
March 26, 2014, 08:13:33 PM
For the Brits out there:
Can now do your weekly food shop with Crypto's
Can now do your weekly food shop with Crypto's
They take several coins, not just BTC and even act a proxy for Dominos
Crypto De Change
I might be a bit slow on this one, not had coins to use for purchases yet and can't afford the kinds of products these sites sell, but saw on WDC twitter, so thought I'd share.
o sick, thanks for that
edit: we need to get zeit accepted on here at somepoint
March 26, 2014, 07:55:44 PM
For the Brits out there:
Can now do your weekly food shop with Crypto's
Can now do your weekly food shop with Crypto's
They take several coins, not just BTC and even act a proxy for Dominos
Crypto De Change
I might be a bit slow on this one, not had coins to use for purchases yet and can't afford the kinds of products these sites sell, but saw on WDC twitter, so thought I'd share.
March 26, 2014, 07:40:29 PM
hoping to get attention from others interested in the experiment
https://bitcointalksearch.org/topic/m.5922628
https://bitcointalksearch.org/topic/m.5922715
altho that may skew the results with non-community participants, it may also potentially bring in more people into our community
https://bitcointalksearch.org/topic/m.5922628
https://bitcointalksearch.org/topic/m.5922715
altho that may skew the results with non-community participants, it may also potentially bring in more people into our community
March 26, 2014, 07:36:41 PM
I see, well then I'll probably remain on it until we see results.
I plan on purchasing on our Z-28 as well
(or whatever we're calling it now lol)
I plan on purchasing on our Z-28 as well
(or whatever we're calling it now lol)
March 26, 2014, 07:35:58 PM
what to expect:
-difficulty varying greatly as community gets online and non-community miners leave
-drop in value due to miners cashing in their mined holdings, better now then later
-2-3 days forward the rate at which coins enter exchanges will drop, making it easier for demand get back ontop and start moving those mountains
so a few hours is really not enough to be conclusive
i think this can have a more meaningful impact then just buying perception
if we dont do this we may end up just buying coins we could have prevented from entering the market
which one will have more impact? buying up friday or reducing what dumpers have to sell and getting rid of many?
im doing both
current network hashrate is going well, id like to get to 3GH/s tho and maintain that for 2-3 days, a block halving is coming in the next 2 hours and should allow for more visible impact of the experiment.
-difficulty varying greatly as community gets online and non-community miners leave
-drop in value due to miners cashing in their mined holdings, better now then later
-2-3 days forward the rate at which coins enter exchanges will drop, making it easier for demand get back ontop and start moving those mountains
so a few hours is really not enough to be conclusive
i think this can have a more meaningful impact then just buying perception
if we dont do this we may end up just buying coins we could have prevented from entering the market
which one will have more impact? buying up friday or reducing what dumpers have to sell and getting rid of many?
im doing both
current network hashrate is going well, id like to get to 3GH/s tho and maintain that for 2-3 days, a block halving is coming in the next 2 hours and should allow for more visible impact of the experiment.
March 26, 2014, 07:18:02 PM
I don't have crazy hash power, but I'll help out in this test too.
Hope others join in, it'll take a good portion of the community to see any difference.
If nothing major changes in a few hrs I'll have to switch back to my alternate.
Lion' does have a valid point, if we're are to make a push on those walls, would be wise to prepare for the target date.
Hope others join in, it'll take a good portion of the community to see any difference.
If nothing major changes in a few hrs I'll have to switch back to my alternate.
Lion' does have a valid point, if we're are to make a push on those walls, would be wise to prepare for the target date.
what to expect:
-difficulty varying greatly as community gets online and non-community miners leave
-drop in value due to miners cashing in their mined holdings, better now then later
-2-3 days forward the rate at which coins enter exchanges will drop, making it easier for demand get back ontop and start moving those mountains
so a few hours is really not enough to be conclusive
i think this can have a more meaningful impact then just buying perception
if we dont do this we may end up just buying coins we could have prevented from entering the market
which one will have more impact? buying up friday or reducing what dumpers have to sell and getting rid of many?
im doing both
current network hashrate is going well, id like to get to 3GH/s tho and maintain that for 2-3 days, a block halving is coming in the next 2 hours and should allow for more visible impact of the experiment.
March 26, 2014, 07:13:18 PM
Great coin
Great future
Great tomorrow
Great future
Great tomorrow
We certainly hope so, it's going to take a lot of hard work, but with everyone working towards a better future we'll get ... somewhere
BTW, Welcome to community.
March 26, 2014, 07:08:22 PM
I don't have crazy hash power, but I'll help out in this test too.
Hope others join in, it'll take a good portion of the community to see any difference.
If nothing major changes in a few hrs I'll have to switch back to my alternate.
Lion' does have a valid point, if we're are to make a push on those walls, would be wise to prepare for the target date.
Hope others join in, it'll take a good portion of the community to see any difference.
If nothing major changes in a few hrs I'll have to switch back to my alternate.
Lion' does have a valid point, if we're are to make a push on those walls, would be wise to prepare for the target date.
Great coin
Great future
Great tomorrow
March 26, 2014, 07:05:58 PM
Hey, someone got the price drop in on time.
Thnx whoever it was and a GJ to you too
Thnx whoever it was and a GJ to you too
March 26, 2014, 06:58:25 PM
My first transaction was at 6 of March and no minting why???
Why don't you try several times
It will be helpful to you
Good luck to you
March 26, 2014, 06:55:09 PM
i have a theory, what if we caused the drop in value because less people mined, creating a feedback loop of miners willing to sell lower and lower as they got more coins from lower difficulty?
I think we should try increasing the network hashrate to 10Gh/s and see if a rise in value follows from miners holding their coins until more profitable to sell.
I think we should try increasing the network hashrate to 10Gh/s and see if a rise in value follows from miners holding their coins until more profitable to sell.
explain a bit more please?
by giving up on mining our coin, we left it to those who seek profit only, increasing the amount of coins they get by lowering difficulty, thus increasing the amount of supply on exchanges
what if we tried to reverse that, get those who seek profit off our coin and reduce the amount of coins individuals get for better distribution, would we see less coins on exchanges?
so start mining again? it makes sense to us who have 10's of mills for that to happen, im in.
i will throw my 10Mh/s back at it
we need a community effort to test this
I'm watching the Liverpool game at the mo. I'll throw my 60 MH on it in the morning or later tonight when I get back.
It was a great game, nearly threw it away at the end :O)
Got half my machines pointed at Zeit mining now, for some reason the other half can't communicate with CG Watcher, fook knows, will figure that out tomorrow but 33 MH pointed at Zeit anyhow. Off to ned (bed), happy trading guys or whatever you're in to.
awesome, i think this is going to be a successful experiment
community, we need more hashrate, its still too profitable for me!
we must maintain the network hashrate despite the block halving!
March 26, 2014, 06:44:21 PM
i think we got a few for-profit non-community miners to leave, might be the source of those cheap coins, them offloading their mined holdings as they switch to another coin
Good Job guys and Good Call Anon.
i think its a good thing if we can keep those not interested in future value away from mining our coin.
i do hope we have the same PoS flaw as blackcoin, we are going to drop to 1 ZEIT/block sooner then 6weeks
right now we seem to be two days ahead in terms of total blocks, i expect we will finish a week early
1 to 3 hours left before block halving!
March 26, 2014, 06:41:04 PM
i think we got a few for-profit non-community miners to leave, might be the source of those cheap coins, them offloading their mined holdings as they switch to another coin
Good Job guys and Good Call Anon.
March 26, 2014, 06:36:58 PM
i think we got a few for-profit non-community miners to leave, might be the source of those cheap coins, them offloading their mined holdings as they switch to another coin
oh noes, i will only be able to get 1000 small buys, no problem we can still hit it friday
oh noes, i will only be able to get 1000 small buys, no problem we can still hit it friday
Quote
@MintPalExchange
Raised the minimum order net total to 0.0001 BTC/LTC, same as the minimum tx fee of a single BTC payment, to try reduce market manipulation.
Raised the minimum order net total to 0.0001 BTC/LTC, same as the minimum tx fee of a single BTC payment, to try reduce market manipulation.
March 26, 2014, 06:11:30 PM
X11 sounds like a great option for the summer, when the ambient temp is too high to run my rig flat-out on Scrypt. By then the poor bugger will need a bit of a rest anyway
I'll start researching it. Good heads-up
I'll start researching it. Good heads-up
March 26, 2014, 05:56:02 PM
Been meaning to post my coin idea for a couple of days, but only remember when at work or in bed
Idea was along this line, but rounded obviously. It's the a Venus City...
Idea was along this line, but rounded obviously. It's the a Venus City...
March 26, 2014, 05:52:32 PM
i have a theory, what if we caused the drop in value because less people mined, creating a feedback loop of miners willing to sell lower and lower as they got more coins from lower difficulty?
I think we should try increasing the network hashrate to 10Gh/s and see if a rise in value follows from miners holding their coins until more profitable to sell.
I think we should try increasing the network hashrate to 10Gh/s and see if a rise in value follows from miners holding their coins until more profitable to sell.
explain a bit more please?
by giving up on mining our coin, we left it to those who seek profit only, increasing the amount of coins they get by lowering difficulty, thus increasing the amount of supply on exchanges
what if we tried to reverse that, get those who seek profit off our coin and reduce the amount of coins individuals get for better distribution, would we see less coins on exchanges?
so start mining again? it makes sense to us who have 10's of mills for that to happen, im in.
i will throw my 10Mh/s back at it
we need a community effort to test this
I'm watching the Liverpool game at the mo. I'll throw my 60 MH on it in the morning or later tonight when I get back.
It was a great game, nearly threw it away at the end :O)
Got half my machines pointed at Zeit mining now, for some reason the other half can't communicate with CG Watcher, fook knows, will figure that out tomorrow but 33 MH pointed at Zeit anyhow. Off to ned (bed), happy trading guys or whatever you're in to.
March 26, 2014, 05:35:12 PM
I would use reddit....just dunno how! so intimidating! haha
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