I hope this doesn't end up in the 1 satoshi graveyard.
I doubt it. Remember this is scrypt-n. I already see Asics ruining scrypt and people migrating
to scrypt-n coins. I think the price is very low now due to bitcoin being so low as well as the
whole alt coins being diluted by 5 new coins every day. Most of them will fail, but GPU coin
should be one that survives due to the store having a real use for the coin. I think a lot of
marketing needs to be done, but when that and Mintpal or Cryptsy has GPU coin, I can see a
huge upside potential.
Congrats, gpucoin has now made it to 1 satoshi on poloniex!
Maybe Jaynes should just switch to something like blackcoins or whitecoins instead?
There is no Asic for Scrypt coins yet, still waiting.. But i know the problems associated with scrypt, but this is the algo on which i have chosen to create right now.. Yes it uses scrypt but it was a decision i had to make between x11 and POS i feel that POS coins have a greater future and greener. You cant have X11 and POS combined(shame) i am reliably informed, as this would have been my preferred choice.. If i anyone knows different, then please feel free to let me know.. So at this stage, i am convinced that the scrpyt algo will be the future with POS the network with be stronger for longer and more secure, could be wrong but i like my current business plan which is similar to gpucoin with POS. I will be starting a topic as soon as the coin is ready.
James and Micron/henrix did a fab job with the coin unfortunately Micron has not decided to join me.. hendrix, Please check your PM if you havent done so already..
Yes, i know there are lots of coins and all claiming to be different in some way or another, i am like you a miner at heart with an investment background.. So a perfect combo.. Now, i like what GPU coin did, but unfortunately they missed one vital part to their plan.. i will be adding that part to my coin.. No i am not creating another GPU store either.. But will work in a similar way..
I will drop back when i have more info..
