★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 528.

stevegreer

legendary

Activity: 1148

Merit: 1001

Official Zeitcoin community ambassador

Quote from: LionOfNarnia on March 26, 2014, 01:49:20 PM

Quote from: stevegreer on March 26, 2014, 01:34:03 PM

Quote from: TuxNut on March 26, 2014, 01:12:11 PM

Quote from: stevegreer on March 26, 2014, 12:59:38 PM

I have 560K. Please try to contain your laughter. Tongue

aaaahahahahahaha Look at the wee little minnow!!!!

Sorry :|

Nice. Thanks for that. Cheesy

And Lion, I only wish I was a millionaire! I couldn't even lie and say I was anyway, because one look at the blockchain and my bluff would be called real quick!

LOL

If the explorer wasn't down I'd do just that Wink

Check yer wallet, dude.

Whoa! Thanks bro!! I'll be sure to send you some back when I get the mint from that! Finally a Zeitillionaire!! Grin

ydrogios

sr. member

Activity: 434

Merit: 250

Quote from: Anonymousg64 on March 26, 2014, 03:59:45 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 have 98 million ZEIT and aim to get that to 100

It`s a good plan let`s try it we have nothing to loose i`m in people!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Anonymousg64

sr. member

Activity: 392

Merit: 250

Quote from: LionOfNarnia on March 26, 2014, 04:24:34 PM

Quote from: Anonymousg64 on March 26, 2014, 04:07:34 PM

Quote from: angryacorn on March 26, 2014, 04:06:31 PM

Quote from: Anonymousg64 on March 26, 2014, 04:04:35 PM

Quote from: angryacorn on March 26, 2014, 04:01:41 PM

Quote from: Anonymousg64 on March 26, 2014, 03:59:45 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.

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

Soz guys, my feeble 1.3Mh/s is staying on VertCoin Sad

For one, I'm not convinced by this strategy - or even how you'll know if YOUR efforts have changed anything.

For two, I need as much ammo as I can get for Z-28:03

we will know, if the network hashrate stabilizes back to profitable levels, we know those not part of the community have left, if not we will be able to measure the impact of this lower profitability over time on the market.

I think it makes sense, more distribution, less dumpers, higher target price in miners mind for profitability.

ZION! lets show them our might, i dont want to make more then 1/5 of what i normally make, so 1Mh/s on ZEIT will get me 0.0014BTC/day
MAKE IT SO

i have a stock of ammo ready for friday

oox

newbie

Activity: 27

Merit: 0

Is there a blockchain explorer? I mined for a few weeks from launch. Updated wallet other day and had nothing but trouble. Now it's saying 900,000+ are unconfirmed Undecided

LionOfNarnia

hero member

Activity: 938

Merit: 1000

Crypto-missionary to the Kingdom of Rhegged

Quote from: ydrogios on March 26, 2014, 04:32:00 PM

Quote from: LionOfNarnia on March 26, 2014, 03:01:35 PM

Quote from: Matni on March 26, 2014, 02:56:13 PM

@ LionOfNarnia = Did you start mining Blitz this evening?

Tried to start, loadza problems, gone back to Vert.

One hour wasted Sad

Blisz has Launch? Huh

TOTAL cluster-fuck Sad

When I gave up on it (90 mins ago) there were as many forks as pools & no working market.

I'm NOT saying it was a scam. (Though plenty are.) Just too fucked up to waste any more time on.

ydrogios

sr. member

Activity: 434

Merit: 250

Quote from: LionOfNarnia on March 26, 2014, 03:01:35 PM

Quote from: Matni on March 26, 2014, 02:56:13 PM

@ LionOfNarnia = Did you start mining Blitz this evening?

Tried to start, loadza problems, gone back to Vert.

One hour wasted Sad

Blisz has Launch? Huh

LionOfNarnia

hero member

Activity: 938

Merit: 1000

Crypto-missionary to the Kingdom of Rhegged

Quote from: Anonymousg64 on March 26, 2014, 04:07:34 PM

Quote from: angryacorn on March 26, 2014, 04:06:31 PM

Quote from: Anonymousg64 on March 26, 2014, 04:04:35 PM

Quote from: angryacorn on March 26, 2014, 04:01:41 PM

Quote from: Anonymousg64 on March 26, 2014, 03:59:45 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.

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

Soz guys, my feeble 1.3Mh/s is staying on VertCoin Sad

For one, I'm not convinced by this strategy - or even how you'll know if YOUR efforts have changed anything.

For two, I need as much ammo as I can get for Z-28:03

BeholdTheTrueWake

member

Activity: 70

Merit: 10

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.

Soumaxeridis

newbie

Activity: 27

Merit: 0

I'm in, I started mining ZEIT as well.

Anonymousg64

sr. member

Activity: 392

Merit: 250

Quote from: angryacorn on March 26, 2014, 04:06:31 PM

Quote from: Anonymousg64 on March 26, 2014, 04:04:35 PM

Quote from: angryacorn on March 26, 2014, 04:01:41 PM

Quote from: Anonymousg64 on March 26, 2014, 03:59:45 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.

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

angryacorn

member

Activity: 112

Merit: 10

Quote from: Anonymousg64 on March 26, 2014, 04:04:35 PM

Quote from: angryacorn on March 26, 2014, 04:01:41 PM

Quote from: Anonymousg64 on March 26, 2014, 03:59:45 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.

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.

Anonymousg64

sr. member

Activity: 392

Merit: 250

Quote from: angryacorn on March 26, 2014, 04:01:41 PM

Quote from: Anonymousg64 on March 26, 2014, 03:59:45 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.

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?

angryacorn

member

Activity: 112

Merit: 10

Quote from: Anonymousg64 on March 26, 2014, 03:59:45 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.

explain a bit more please?

Anonymousg64

sr. member

Activity: 392

Merit: 250

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 have 98 million ZEIT and aim to get that to 100

LionOfNarnia

hero member

Activity: 938

Merit: 1000

Crypto-missionary to the Kingdom of Rhegged

What's happened to our block explorer?

E2A - hah, it's changed addy since I last used it, good job the OP has been updated Wink

My head has been in a shed with that fucked-up excuse for a new coin BLITZ, what a waste of time Sad

ouchmefoot

full member

Activity: 198

Merit: 100

I love this coin and thread - random acts of kindness. Cheesy

angryacorn

member

Activity: 112

Merit: 10

if people want a multipool then set one up! if you want to use it then use it if you don't then dont, take your own action and do what you think is right and things will sort them selves out.

Matni

full member

Activity: 126

Merit: 100

Quote from: LionOfNarnia on March 26, 2014, 03:01:35 PM

Quote from: Matni on March 26, 2014, 02:56:13 PM

@ LionOfNarnia = Did you start mining Blitz this evening?

Tried to start, loadza problems, gone back to Vert.

One hour wasted Sad

It looks like the top 4 or 5 pools all got DDOS attacks and then there was a fork. Seems http://bltz.multi-pool.eu/ is back up and coins are coming in. Was a bit of a shambles though, and still no sign of the Dev...

winevirus

member

Activity: 88

Merit: 10

Quote from: LionOfNarnia on March 26, 2014, 03:03:29 PM

Quote from: ?? on ??

Quote from: roadies on March 26, 2014, 01:33:29 PM

Has anyone considered a zeit multi-pool similar to bcmultipool or mintpool to keep buy pressure on zeit? Basically mine alt coins, auto-exchange for btc, then auto-exchange for Zeit.

+1

THAT idea was suggested, then rejected by the community DAYS ago Sad

Multipooling is a lazy, wasteful, inefficient ploy for daily dumpers,

That is against just about everything we stand for here.

However, if price never rises, then the coin will die off sooner or later. At least mint is 2 - 4x what it sat at for weeks until it finally got a multipool.

LionOfNarnia

hero member

Activity: 938

Merit: 1000

Crypto-missionary to the Kingdom of Rhegged

Quote from: ?? on ??

Quote from: roadies on March 26, 2014, 01:33:29 PM

Has anyone considered a zeit multi-pool similar to bcmultipool or mintpool to keep buy pressure on zeit? Basically mine alt coins, auto-exchange for btc, then auto-exchange for Zeit.

+1

THAT idea was suggested, then rejected by the community DAYS ago Sad

Multipooling is a lazy, wasteful, inefficient ploy for daily dumpers,

That is against just about everything we stand for here.

Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 528. (Read 1009280 times)