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World Community Grid Forums
Category: Community
Forum: Chat Room
Thread: Gridcoin giweaway |
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Thread Status: Active Total posts in this thread: 71
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KLiK
Master Cruncher Croatia Joined: Nov 13, 2006 Post Count: 3108 Status: Offline Project Badges: 
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Personally, I wouldn't waste the effort creating a wallet and trying to keep it secure. None of these altcoins are going anywhere and that includes bitcoin. Well people made hundreds of thousands in bitcoins..... I'm still kicking myself for not starting when it started. Edit: Made about $400 off ripple if I remember right. Spent about ZERO on it. well, u can still made lots of money on BitCoin...just use some R Pi or sthg similar...  that's a nice sum for a new gadget...or upgrade for the old 1!  Research Ponzi scheme and its variations. Early investors made out like bandits (which they usually were) and left latest investors holding the bag when the scheme collapsed. Next look up the definition of altruism. Cheers their team is making about 300d per day.. http://www.worldcommunitygrid.org/team/viewTeamInfo.do?teamId=BBNGDQS832 & they have a nice team here: http://www.worldcommunitygrid.org/team/viewTe...amp;numRecordsPerPage=250 btw, u wouldn't know Ponzi scheme if it was closer 2 u...maybe u should read more about: https://en.wikipedia.org/wiki/Ponzi_scheme & no investment isn't necessary in Gridcoin... ---------------------------------------- [Edit 1 times, last edit by KLiK at Oct 10, 2015 4:12:23 PM] |
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Jack007
Master Cruncher CANADA Joined: Feb 25, 2005 Post Count: 1604 Status: Offline Project Badges:
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I also did litecoin, sold like 3 or 4 at 23 bucks apiece.
----------------------------------------It's now 2 bucks or so. If I hadn't moved from my house that had solar, I would do solar coin (They give you one for each megawatt they produce) The panels have done about 16 megawatts in 2 years. No idea if they are worth anything or just fun to have. litecoin 2.90 ish bitcoin 233 can't find solar, website I was looking on just went down lol  |
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Jack007
Master Cruncher CANADA Joined: Feb 25, 2005 Post Count: 1604 Status: Offline Project Badges:
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And by the way,
----------------------------------------I've spent thousands (as many of you have) upgrading & running as many as 4(computers) at a time. So if I can get a little scratch back I'm in. If I make nothing off Gridcoin, I've also lost nothing. After I get back this weekend i'll try it let you guys know how it works. Edit: a clarification. [Edit 1 times, last edit by Jack007 at Oct 19, 2015 11:39:16 AM] |
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twilyth
Master Cruncher US Joined: Mar 30, 2007 Post Count: 2130 Status: Offline Project Badges: 
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well, u can still made lots of money on BitCoin...just use some R Pi or sthg similar... wink That's bulls***. Google 'bitcoin mining calculator' and plug in the numbers - assuming that you even understand what they mean. Because of how difficulty increases, only the newest, highest hashing ASICs have a chance to make any money and those are always pre-mined before they are offered for sale. Even then, the price for the hardware can never be recovered unless there is a significant increase in price. The only people who get involved in this crap are the ones that don't understand how easily the altcoin markets are manipulated and who don't have any money to put into actual investments. Granted, if you'd got involved in bitcoin when you could still use a gpu to mine, you might have made some money. But bitcoin is the only altcoin that has actually gained any credibility and that was only because it was seen as being anonymous and untraceable. In fact, it's neither.   |
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KLiK
Master Cruncher Croatia Joined: Nov 13, 2006 Post Count: 3108 Status: Offline Project Badges:
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well, u can still made lots of money on BitCoin...just use some R Pi or sthg similar... wink That's bulls***. Google 'bitcoin mining calculator' and plug in the numbers - assuming that you even understand what they mean. Because of how difficulty increases, only the newest, highest hashing ASICs have a chance to make any money and those are always pre-mined before they are offered for sale. Even then, the price for the hardware can never be recovered unless there is a significant increase in price. The only people who get involved in this crap are the ones that don't understand how easily the altcoin markets are manipulated and who don't have any money to put into actual investments. Granted, if you'd got involved in bitcoin when you could still use a gpu to mine, you might have made some money. But bitcoin is the only altcoin that has actually gained any credibility and that was only because it was seen as being anonymous and untraceable. In fact, it's neither. well, no to bold! BitCoin is funded by a pair of untraceable pairs in cryptic algorithms...right now, that most of the easiest ones have been depleted, only the hard ones exists...so it's hard 4 u or any1 else to get a cryptic pair that exists & works, as the binary code gets larger & larger... but if it's 2 expensive 4 u, there's a way: http://www.xbian.org/raspberry-pi-2-giveaway/ http://www.htpcguides.com/raspberry-pi-nas-media-server-giveaway-sep-2015/ not to of to OT: Gridcoin gives back some money 4 a return of doing science...I'm not going 2 get participating in a giveaway for WCG, 'cause I have to lead my own team of a non-profit board... but some computers of mine work on SETi@home...on those 3-4 GPUs there is about 2/3 of all my CPU power on WCG...so there I've joined Gridcoin team & expect about $30-40 per month... enough for a new Xeon CPU 4 a linux which is running on WCG...or maybe a GTX 740 ?! |
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Jack007
Master Cruncher CANADA Joined: Feb 25, 2005 Post Count: 1604 Status: Offline Project Badges:
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Well,
----------------------------------------this wallet is taking it's time. I have 1.15 GRC for now. Hopefully as I crunch here @ WCG it starts to add. EDIT: nope it appears I need to have 500 coins or something. Hopefully they will be retroactive. My address is S74EQjCsyKsRcQjwskLkMCjfifMRkFs7w3 if someone can stake me, and let me know what the minimum is. I'd be happy to send it back and then some, when they start rolling in.  [Edit 1 times, last edit by Jack007 at Oct 19, 2015 5:34:07 PM] |
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KLiK
Master Cruncher Croatia Joined: Nov 13, 2006 Post Count: 3108 Status: Offline Project Badges:
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Well, this wallet is taking it's time. I have 1.15 GRC for now. Hopefully as I crunch here @ WCG it starts to add. EDIT: nope it appears I need to have 500 coins or something. Hopefully they will be retroactive. My address is S74EQjCsyKsRcQjwskLkMCjfifMRkFs7w3 if someone can stake me, and let me know what the minimum is. I'd be happy to send it back and then some, when they start rolling in. let me help u out than... - here is a small video, how to make Gridcoins & setup: https://youtu.be/jX78dSvg8kg - also, you'd have to be in a Gridcoin team (in a project that you want to get GRC from)...I'm also not doing it on WCG, but am doing it on a SETi@home ... - try to get 500GRC in one of the "Faucet"s: http://www.gridcoin.us/Guides/acquire-grc.htm if it doesn't work out, I can lend you 200GRC... - also, you have to have 100+RAC in a project in which you decide to crunch for GRC... - to speed up re-building blocks, you can download blocks also! - you have to have Gridcoin wallet always ON! - & you have make introduction...see this thread, it will help out: https://cryptocointalk.com/topic/20303-gridco...tion-sync-problem-thread/ ---------------------------------------- [Edit 1 times, last edit by KLiK at Oct 19, 2015 7:41:19 PM] |
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Jack007
Master Cruncher CANADA Joined: Feb 25, 2005 Post Count: 1604 Status: Offline Project Badges:
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Wow,
----------------------------------------what a pain in the *#)( I have a wallet, been through the tutorial couple times. guessing I have to wait until the stats update to get the US faucet coins. Got the wallet synced once, now I'm trying to get it to sync again. lost the 2 coins or so that I got from the asia server. |
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KLiK
Master Cruncher Croatia Joined: Nov 13, 2006 Post Count: 3108 Status: Offline Project Badges:
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well, yes...it's too had to use it!
----------------------------------------maybe on purpose...so that only experts use it?!  also, you have to be on a team Gridcoin in one of these "white-list projects "! Don't see that you are in those from BOINCstats... & have you put your advertise beacon ? Register your CPID to the DPOR system via advertising a beacon: |
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Former Member
Cruncher Joined: May 22, 2018 Post Count: 0 Status: Offline |
KLik's good explanations has convinced me that gridcoin is not the direction in which I wish to go and will not join any of the artificial currencies.To quote a northern England expression "Tha's Faffing about i((^*&$*($)" the rest of quote would have me barred from the forum's.
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