Posts made by digga

That equates to 166 transactions a second then ? Not quite up to Ripple’s sustained 1500 tx/per second then, but not bad :)

Few things:

BTC is an old coin, slow and expensive to make transactions. If “lightning” works and takes off I think this coin will fly again. But otherwise I can no longer see BTC being used for what was intended, a replacement for Fiat. I expect the Altcoins to continue to make better progress and BTC prices to normalise. BTC prices are very inflated, they are only so expensive due to marketing, it’s an inferior coin, so why is it 8000X times more ?

The government regulation bans are causing these price drop scares as people sell off their coins, as we fear more countries will continue to adopt this and this will effectively close the market.

We are still in a good place in that Cryptos are being marketed, talked about and “normal” every day people are becoming interested and buying them. Although most of them are buying them as they see them as an inflating “stock” / get rich quick strategy, but this doesn’t matter as it all helps improve the usage of the coins. At this stage I think we are showing that this can work, we now need more merchants to start accepting crypto.

I think whoever has the best security ,transaction fees and transaction time is going to corner the market for adoption. Yesterday I read Starbucks will start accepting crypto and of course won’t be accepting BTC as it’s far too slow and expensive at the moment

As I have said on many other threads, I am looking forward to having a universal wallet on my android, that is cloud based i.e no block chain files stored on my SSD! . Using my fingerprint to unlock + NFC I can tap to use Oyster (tube travel), buy my lunch , buy my plane tickets. Fly to Europe and tap and buy my lunch there. Tiny fee charges and an instant conversion of fiat -> crypto. Prices are fairly stable, just like currencies. No crazy currency conversion fees or need to carry all these different cards, but “credits” that we top up from our paychecks.
Funny thing is, we could be there in a few years.

Small shops hate credit cards, due to the high fees. If they accept crypto they only pay fractions of a pence, meaning we can buy our candy from a newsagent and not have to carry coins! etc

Futures looking bright, don’t care about the prices, care about the regulators! :)

I was thinking about this last night and couldn’t find these figures anywhere;
How many transactions per second can FTC handle ?
We all know it’s quick/near instance at the moment, but this is probably due to the fact it’s not well used globally. How do we plan on increasing this?

For an altcoin to be accepted as payment for goods in Cafe’s etc, you will need near instant transaction times, equivalent to VISA or they just wont be accepted

@jonathonas It’s always been under $1. If you look at the charts you will see it has been gradually increasing. The drop has only been because BTC has sunk 40%

@j_scheibel We’ve got that already for GBP - . Bittylicious.com . But no one is buying FTC there, as the demand here seems to be low .
More exchanges taking the coin will help it get noticed, there is a thread about this. We have quite a bit of development proposed for this year and I hope this drives some more interested in to the coin too.
If someone builds a global fiat to FTC exchange, I’ll be glad to help trade there for GBP transactions

@j_scheibel Yes, we hit circa £0.55, which is amazing. If FTC generates their own exchange where you can buy FTC direct for USD / GBP / EURO, that would help with the independence. That and adoption of retailers taking the coin directly.

@gonnaforget Looks like you got your wish. I didn’t buy any more units myself. Now is still a good time buy imo

@calvinweight So what does that actually mean ?

Just for a bit of fun.
We all know FTC is an old school, under valued, no BS, no pre mine, fair mined, community backed coin.
When will the rest of the world see this and start to back this coin to help pave the future?
We all know this coin should be £10 per coin, but how long will this take.

That said i’d like to put an “optimistic” price of £1 a coin, based on the current state and chain of events in the market.

DEC 2018:
Digga2: £1

yep, things are looking up. Only a matter of time before Branson takes notice

Welcome, you joined at a good time :D

@ghostlander what .bin files are you referring to ?

@ghostlander Thanks. I’ve downgraded the driver to give it a whirl.

This suggests a hash rate of 43 ?

nsgminer v0.9.3 - NeoScrypt : [2017-11-29 09:38:36] - [ 0 days 00:06:29]

5s: 43.2 avg: 35.7 u: 0.0 KH/s | A:0 R:0 S:0 HW:0 WU:0.00/m
ST:2 DW:18 GW:9 LW:39 GF:0 NB:2 AS:0 RF:0 E:0.00
Connected to hidden
Block: 0x4739B80F8AC91BCF… #1984123 [09:43:07] Diff:428K Best:0

[P]ool management [G]PU management [S]ettings [D]isplay options [Q]uit
OCL 0: 66.0C 2353RPM | 36.2 35.7 0.0 KH/s | A:0 R:0 HW:0 U:0.0/m

[09:38:35] Probing for an alive pool
[09:38:36] The network difficulty has been set to 456607
[09:38:36] Stratum from pool 0 detected new block
[09:38:53] Stratum from pool 0 requested work restart
[09:39:48] Stratum from pool 0 requested work restart
[09:39:48] Pool 0 is hiding block contents from us
[09:40:43] Stratum from pool 0 requested work restart
[09:41:37] Stratum from pool 0 requested work restart
[09:42:33] Stratum from pool 0 requested work restart
[09:43:07] The network difficulty has been set to 428070
[09:43:07] Stratum from pool 0 detected new block
[09:44:02] Stratum from pool 0 requested work restart
[09:44:57] Stratum from pool 0 requested work restart

i’m using this:

setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1
“C:\nsgminer-win64-0.9.3\nsgminer.exe” -k neoscrypt_vliwp -g 1 -w 128 -I 13

Should I be able to get more than this on my card?

Come on Branson! keep pumping these bad boys! - told my wife I’d buy her a new car if they hit £4 each.

@wrapper bittylicious sells FTC, but it’s quite pricey.

Just need some more people to buy them :)

@wrapper makes sense and the fact the transaction rate is soooo much faster.
Issue for me is where can you buy FTC for fiat?
I am having to buy bitcoins so I can convert them to FTC and that’s so slow and expensive.

@chekaz ah alright, if that’s the reason I think i’ll leave it :)

thanks

Under 15p, time to fill your boots again!

@ghostlander said in mining on windows:

nsgminer -k neoscrypt_vliwp -g 1 -w 128 -I 13

Should do better on a HD58x0

i’ve now installed AMD openCl drivers, AMD SDK and it still comes back with “All devices disabled, cannot mine!”

Any ideas?

Thanks Acid, I tried nsgminer yesterday and got the following

All devices disabled, cannot mine!

When i tried version 0.9.2 - the app just crashes.