[GPUC] GPU Coin | Mandatory Wallet Update

[tavirosu]

It's been said already but I only just figured it out (when I went to withdraw BTC and couldn't...):
DO NOT USE CRYPTORUSH

They appear to be out of BTC, probably insolvent.  Prices are out of whack (high) for everything else.  

It's your fault, btc takes a long time to withdraw anyhow. Take it out in another altcoin and stop spreading false news.

ps: I've just withdraw my GPUC and it took like 1m to get it to my wallet. So there is no problem!

[Saopaulo101]

I think there has been a bit of a mistake in the strategy for this coin:
- i am guessing all of the IPO's and Devs want this coin to succeed (i.e. healthy coin price - worth while mining to get returns for power), hence the price of the coin needs to be pushed up, perhaps to around 50/60. But the store has priced the GPU's based on a  price of between 20-30 henace, setting its own market cap, this makes it almost unfeasible to mine and get any return for the power cost for the typical miner, let alone pay for a new GPU.
-for long term price increase the GPUs would need to be sold at an extremely competitive price, probably at a loss initially, in order to push the coin price up. This would be inconsequential for the developer becasue there was basically no risk because the cards were paid for with the IPO money (or they should have been).
-this would have pushed the price of the coins up and the next round of cards could then be sold for the same GPU coin price but make a prfoit> everyone wins.
-as it stands at the moment the price is crashing because its less hassle to just buy a new GPU from amazon, it may be slightly cheaper in GPU coins but with amazon you dont have to buy Bitcoins, convert to GPU coins and then buy through the GPU store.

Quick fix
- reduce the price of the GPUs significantly
- put the equivalent price in USD next to the price in GPUC
- Pay for some advertising somewhere
- also, sell moe than GPU's miners also need PSU's M'boards etc... (this is more of a long term thing though)

sorry to stick my noob 2 pence worth in but I think this coin has massive potential, the strategy needs to be long term....

[waltsmith]

It's been said already but I only just figured it out (when I went to withdraw BTC and couldn't...):
DO NOT USE CRYPTORUSH

They appear to be out of BTC, probably insolvent.  Prices are out of whack (high) for everything else.  

It's your fault, btc takes a long time to withdraw anyhow. Take it out in another altcoin and stop spreading false news.

ps: I've just withdraw my GPUC and it took like 1m to get it to my wallet. So there is no problem!

Actually GPUC withdrawls work just fine, try to withdraw BTC and you just get a " your request cannot be completed at this time" error.
Not sure whats going on there besides blackcoin and DDOS but it don't look good.

waltsmith

[pelzak]

Hello, just tryed to withdraw 0.2 btc from my balance on CRYPTORUSH.IN and I could not. Error message in right down corner - Withdrawal failed - failed to send withdrawal to specified account. Please try again later.

[Caldweld]

Day one noob poster but i have been following this coin for a while now and felt like I should post.

I too couldn't get my BTC out of cryptorush in the last 12 hours, once i noticed that i pulled all coins from the exchange.

Cryptorush is also trading an arbitrage for doge and few others due to I'm guessing people converting to alt coins and withdrawing.

I'll hold my 6Mill gpuc, I am very interested in where this is going.

Most important thing atm is get the coin accepted to decent exchange.
AND UPDATE THE OP!!! lol just to by 21st who has said it, the key to success and marketing is to be active!

[coin-table]

Hi,

I'm running the site http://www.crypto-coins-table.com.

I have listed your coin already. To provide the full information
for all users you can update the information here:

http://www.crypto-coins-table.com/index.php?var_action=update_coin&coin_id=GPUC

regards

[tylerderden]

i agree selling the gpu's at a loss at this point is not a bad idea, could be just like getting a rebate or discount for using GPUC. We need customers and money talks. I don't think it would take long to make it back once things pick up.

[xzhybbs]

Now the price is just a good purchase price, hey hey, I want to buy!

[Ambros]

Please ! Help us to bring this coin on mintpal.com Whenever you can go on https://www.mintpal.com/voting and vote GPU ! It's simple and it takes only a few seconds

[hirish]

Please ! Help us to bring this coin on mintpal.com Whenever you can go on https://www.mintpal.com/voting and vote GPU ! It's simple and it takes only a few seconds

+1

Cmon guys we need mintpal.

[kalashnikovski]

Please ! Help us to bring this coin on mintpal.com Whenever you can go on https://www.mintpal.com/voting and vote GPU ! It's simple and it takes only a few seconds

+1
Voted, I will also try to buy some votes tomorrow.

[kcheel]

Please ! Help us to bring this coin on mintpal.com Whenever you can go on https://www.mintpal.com/voting and vote GPU ! It's simple and it takes only a few seconds

+1

Cmon guys we need mintpal.

This.  Just voted and will do so several more times today. 

[kahir]

get on some decent exchange for godsake ... does not have to be mintpal for now ....

[bananahunter67]

Designers, hurry up, the contest is running hot! Win a brand new r9 270, check my sig!

[nauticatom]

Im not sure exactly why the price has gone down, GPU's are selling on the store really nicely!

Because premine is being dumped? duh

Hey BuddyNoobo - No the premine isnt being dumped.. why dont you take a look at the market orders DUH... they are for a few thousand here and there... to put it into basic math for you,, 70 btc went into the IPO (premine), and there hasnt ever been a period of time where the buy book has been above 5 btc.. so even if us "IPO premine folks" wanted to dump, we cant... Its a volume issue presently, along with a price... We believe in the coin and are holding, or picking up cards...

Who really are dumping, are the nvidia and other low volume miners, who thought they could get an easy payday or a 280x for only a few thousand gpu, and are dumping those orders pushing down the market price.... Duh.........

Give us the premined addresses and we clear this thing right now!!! You told us that the IPO investors payed 22 satoshi per coin!!!
We want proof of that!!! At least people who cares for their investment should care since your "IPO investors don't obliviously"
Blaming the little miner?? LOL
Please are you serious??? Little miners as you say are begging to price go up since they don't get any ROI from their crap hashpower!!!

Attention: BuddyNoobo - Here is my GPUcoin address.  All my IPO plus buying your low price small miner sales... http://explorer3.sancrypto.info/address/GTvr9YCda945Phz8XdG2SBZH98jPhFkDs4     Please go troll flappycoin or something now.

[pearstar20]

Please remove GPUCoin from crytorush as its BAD MARKETING to have a SCAMM EXCHANGE as your coin manager:
 http://www.cryptocoinsnews.com/2014/03/26/cryptorush-support-worker-leaks-inside-info/

[heajin5921]

Now the price is just a good purchase price, hey hey, I want to buy!

You and I have the same feeling
Please trust our judgment
Come on

[heajin5921]

I am so thrilled, I had mega doubts about this, but you just proved me wrong.

Congrats! Actually a coin where the devs put their monies where their mouth are!

PROPS!

We hope that the suspect is redundant
Also hope that the developers put money into our mouth
Ha-ha

[balanghai]

Please remove GPUCoin from crytorush as its BAD MARKETING to have a SCAMM EXCHANGE as your coin manager:
 http://www.cryptocoinsnews.com/2014/03/26/cryptorush-support-worker-leaks-inside-info/

Looks like GPUC will have hard time if entangled with a bad exchange.

[illiki23]

I have been advertising GPUCoin, and have currently gotten around 5 people to check out the store.

Can we get some sort of referral system going?  I would sell these all day.

Otherwise there is not really much in it for me.  I already think this whole system is rather unfair to investors, who as it is should be getting a lot more out of this business.