[GPUC] GPU Coin | Mandatory Wallet Update

[amdfxman1701]

What the dev should do is invest in gridseed/scrypt miners and sell those with gpu coins as well. Yes, it would be an oxymoron, but mining is mining and scrypt miners are getting to be very popular. At this point I'd rather use my coins on a scrypt miner than on another video card.

[kkangjji22]

Its a good idea as all the other coins are falling in price, it will attract the attention of more people who will see the prices rise. But i would have waited or coincide the launch on mintpal with the offer, unless this is planned.

But how to attract attention to it?
We need to vigorously promote Is it right?
We always enjoy it
 

[blade87]

GPUC would have done much better a few months ago. We're just at a time where profits are so low that nobody is really interested in building or even expanding their mining rigs. Some have hit the point where they even need to shut off their rigs due to electricity cost. It's a good idea, just bad timing with the market.

[vesperwillow]

1)Make fork with less coins/block.  Will not save the coin long term, but will alleviate the 6 satoshi and getting lower issue. CEO and IPO or buyers will be happy that their coins are now worth more.

I've watched a handful of coins recently do this exact same thing for the same thought process. All but 1 have completely tanked, and that last one is basically on life support with just a couple of machines mining it. Value dropped by a factor of 4 in most cases. Why? Because it wasn't the block value, it was the lack of tangible value and use.

2)Get a team and MARKET THE HELL out of this coin. It needs to be the next viral coin, PERIOD. Like DOGE or Aurora.

This.. times a million. I have nothing to do with the coin and I recognize this as one of the major faults.

GPUC would have done much better a few months ago. We're just at a time where profits are so low that nobody is really interested in building or even expanding their mining rigs. Some have hit the point where they even need to shut off their rigs due to electricity cost. It's a good idea, just bad timing with the market.

GPUC would be #1 right now if they'd stayed Scrypt like I told them to, so folks WITH asic systems would be mining it at a much lower cost, meaning the GPUC would be worth more due to less overhead.


Buuuuuuuuut.. well, the handful of us folks who voted against ScryptN were laughed at. I guess we were wrong

[svenp]

GPUC would have done much better a few months ago. We're just at a time where profits are so low that nobody is really interested in building or even expanding their mining rigs. Some have hit the point where they even need to shut off their rigs due to electricity cost. It's a good idea, just bad timing with the market.

The market in used mining equipment is still huge.  Trade in used cards persists(increases) even during downturns.  As someone else mentioned there are scrypt-asics that can be sold as well.  Lots of possibilities.  

GPUC would be #1 right now if they'd stayed Scrypt like I told them to, so folks WITH asic systems would be mining it at a much lower cost, meaning the GPUC would be worth more due to less overhead.

What's happening has *nothing* to do with the hash algo.

[PCJargon]

I'm still mining GPUC because investment, support, and daily mining profits aren't worth it to me enough to worry about (yay new high paying job ).

We're not completely dead in the water, still top 100ish on coinmarketcap, and there's plenty of coins below us still being mined...

GPUs are still going to be purchased, even just for gaming. If there could be a way for non mining persons (PC Gamers) to buy GPUC and go through the store, it would be real helpful. Perhaps a service where someone requests the purchase and the coin is auto purchased from exchange and provided to them with a temporarily wallet, at a fee a couple percent greater than the exchange and transfer costs. The viability of this would still depend on much greater marketing and public awareness.

[reesev]

I'm really sorry for any confusion with the contest on the forum. [http://www.gpucoinforum.com/viewtopic.php?f=8&t=2734] I created the thread to simply save the idea some one told me.  It was not officially sanctioned nor was it really meant to be a contest to begin with.  Regardless, I wanted people to have fun so I offered a r7 card and a runner up prize.  The prizes are coming from my personal wallet.  I sincerely hope I didn't disappoint anyone.

If you want u can send me the coins instead of the card.  I have no use for the card!


Hendrix you really have done a great job at the site btw.

[bananahunter67]

1)Make fork with less coins/block.  Will not save the coin long term, but will alleviate the 6 satoshi and getting lower issue. CEO and IPO or buyers will be happy that their coins are now worth more.
2)Get a team and MARKET THE HELL out of this coin. It needs to be the next viral coin, PERIOD. Like DOGE or Aurora.
3)Use any IPO money left to buy a wide variety of cards and equipment so the store has more items and more volume.  Put links on the store to buy GPU coin.  Sell at CEO's cost until things improve with the coin, then slowly raise prices.
4)I love this coin, don't let it die like every other scam coin. I buy it, I mine it (and I love that it is not scrypt, my cards are all fine and I don't worry about Asics), but even I am losing faith until I see the marketing team post what their plan is here?  MARKETING TEAM, HELLO??? ANYONE HOME? PLEASE POST WHAT YOU ARE DOING TO PROMOTE THE COIN.
I think CEO had a lot to do, and did it well. After all he got this whole thing rolling.  But now it is up to him to make the marketing people do their jobs and his coin experts to do their jobs and get this coin going up in value rather than down.  

Me as being part of the marketing team have done so far the following:

1. Organised contest for promotional iconograpchis.
2. Organised a contest for sigantures where 4 videocards can be won for promotion of the coin troughoutt the forum which you can join and also help the marketing. (Please, check my signature).
3. Sent 120 PMs to folks who have posted in the past in this thread to announce them for the Friday discount sale and the siganture contest from point 2.
4. Posted the info from post 3 in few threads on Bitcointalk, Litecointalk and Cryptocointalk.
5. Contacted social media department (Fujikura) and asked him to share all that info on the social media as well.
6. Talked with CEO about another incoming campaign with a 280X to be won.
7. Talked with CEO about a promotional video which is going to start filming around 10th ot April.
8. Contacted today around 7-8 websites for cryptocurrencies news and articles telling them about GPUcoin and suggesting that they write an article about us or take and interview with the CEO, currently no reply from any of them.

Any further ideas are welcome.

My personal impression is that I agree with vesperwillow, the coin is OK, however, the problem is the time in which the boom in demand for GPUs is dying. Someone threw the idea about buying GridSeed ASICs and selling them. May sounds crazy but is a B plan. We need to sell a product with high demand for it in order to keep the demand to the coin alive.

[tylerderden]

 dude this coin works fine it does not need changed. the problem is exactly what vesper said a long time ago...marketing. this coin has things working against it with GPU's FINALLY coming  down in price, the only way to solve this problem is lower the price in the store. You have to look long term, yeah you may lose money in the beginning but you make it back later. also titan's on the horizon so between these issues alone people are not buying cards like they were last month, which sucks but that's the way it is. We have been hovering around top 5 for a week on profit charts so now you have mine and dumpers dumping it into the single satoshi range, you can see it when the graph has big stair steps in it, this is people dumping then lowering there price then dumping some more. The only way this works out for miners and the store is pricing the cards lower significantly then the competitors otherwise why would people bother if they can mine something else more profitable and buy cards with BTC? The only way this works is having things priced right and more volume. like right now, I need some risers, there aren't any to buy at the store. There are some in the market, which I ordered but haven't showed up and who knows if they will. You guys need volume. Drop the price, sell some cards, create a buzz and demand to use the store or the coin will go to 1 satoshi and we all lose. Changing the coin at this point with the already rocky start of this coin is not a good idea. If it were me I would sell some 280's at $250 or less (there have been some competitors selling around this price lately and selling out fast) this is just like any other business, money talks. people don't care about anything else.

[illiki23]

FWIW, you're not investors, you're early-buyers. Not to like slap you in the face or anything, but that's just the case. You're an investor if you're getting dividends and returns directly from the company, which you're not. You gave them money to have early access to bulk coin.

Your 'investment' is in the value of the coin.

Yes I have heard this argument before, but I am going to continue using the word 'investor' because that is the word Jaymes used during the fundraising.  And because he described us as being 'investors' I will continue to act as an investor.

Regardless of technicalities, in spirit we are investors.  This is what we were offered and paid for.  It is not my fault Jaymes used loaded words such as 'investor' and 'ipo'.  He should treat us as investors.

[illiki23]

Another problem right now is if you go on Amazon and search for 280x cards, almost all of them are cheaper than the GPUCoin store 280x.

I was a little confused at first and had to do some research to find out that the Toxic just happens to be a more expensive card.
Most consumers will not know this though, they will just see it as not as good of a deal.

For the next round you might want to get some regular 280x cards, not some overclocked special version.  You can have special editions but you should have a 280x that compares to the standard sold on the market.

[bananahunter67]

Cryptorush is dying or already dead.
Gpucoin is actually currently trading on Bittrex with laughable volume. We need 2.1684 BTC to push the price up to 34 satoshi.
Maybe we can do it ourselves to save our positions as a community and do it exactly before gettiing on bigger exchange which of course will happen soon on later.
Then the pumped price on the lower exchange will go on on the bigger exchange but there will be more stable.
Just my 2 GPUs.

[goodluck0319]

I am wondering is this coin going to be dead soon or still alive when bitcoin @ 500?

[madbit1000]

Ill give you an idea, why doesn't the CEO and team offer people gpucoins for any ideas that you use, then we might be more prepared to offer our services. As right now, there are other coins that also have potential.

This is my suggestion and i wait to tell you a couple of ideas, but only a couple.

[silverfern]

As I said before in one of my old posts. GPU demand is going down, we need to have a better marketplace with other merchandise as well to garner interest from other people. Gift cards at a discount, other merchandise etc etc and more and more marketing. A successful company is one with good advertising.

Also if others can put items on the marketplace we need to make the buyer feel safe when the transaction goes through.

[silverfern]

Ill give you an idea, why doesn't the CEO and team offer people gpucoins for any ideas that you use, then we might be more prepared to offer our services. As right now, there are other coins that also have potential.

This is my suggestion and i wait to tell you a couple of ideas, but only a couple.

We had competitions for this already, that gave coins out. If the community and people really cares, why would you need to get paid to give out ideas that might save the coin?

If you have ideas, talk about it, get it used.

[garretthaae]

Here is an example of what I would like to see done with GPU Coin.  This is also what i wish, and still hope GPUCoin team will create a business plan upload it, then update up on progress maybe twice a week.  

Anyways take a look at it.  I put some time into it.  It is not complete, and I didn't put any numbers for prices as I don't exactly know them.  Also unsure how much money IPO raised for I put $60,000 but in general the number is meaningless since I put it mostly in percentage.

I wish I could just post it but it's too big.  Some grammar etc probably off, but i wasn't about to put too much extra time as I'm unsure if it will even get looked at much.

https://drive.google.com/file/d/0B0sZwqua-x_sOEdycU5rN0xZWDA/edit?usp=sharing

Anyways take it easy.

[madbit1000]

I'm still mining GPUC because investment, support, and daily mining profits aren't worth it to me enough to worry about (yay new high paying job ).

We're not completely dead in the water, still top 100ish on coinmarketcap, and there's plenty of coins below us still being mined...

GPUs are still going to be purchased, even just for gaming. If there could be a way for non mining persons (PC Gamers) to buy GPUC and go through the store, it would be real helpful. Perhaps a service where someone requests the purchase and the coin is auto purchased from exchange and provided to them with a temporarily wallet, at a fee a couple percent greater than the exchange and transfer costs. The viability of this would still depend on much greater marketing and public awareness.

Your kidding right, gamers hate miners..

The best people right now GPUc needs to attract are the buyers on the exchange

[minergr]

Here is an example of what I would like to see done with GPU Coin.  This is also what i wish, and still hope GPUCoin team will create a business plan upload it, then update up on progress maybe twice a week.  

Anyways take a look at it.  I put some time into it.  It is not complete, and I didn't put any numbers for prices as I don't exactly know them.  Also unsure how much money IPO raised for I put $60,000 but in general the number is meaningless since I put it mostly in percentage.

I wish I could just post it but it's too big.  Some grammar etc probably off, but i wasn't about to put too much extra time as I'm unsure if it will even get looked at much.

https://drive.google.com/file/d/0B0sZwqua-x_sOEdycU5rN0xZWDA/edit?usp=sharing

Anyways take it easy.

I like what you 've done there. Probably James or someone from the team should take a look at it.

[madbit1000]

Ill give you an idea, why doesn't the CEO and team offer people gpucoins for any ideas that you use, then we might be more prepared to offer our services. As right now, there are other coins that also have potential.

This is my suggestion and i wait to tell you a couple of ideas, but only a couple.

We had competitions for this already, that gave coins out. If the community and people really cares, why would you need to get paid to give out ideas that might save the coin?

If you have ideas, talk about it, get it used.

Im not saying competitions, they are ok, but suggestions that will help the coin. Remember we are not the main beneficiaries of the coin the CEO and DEVs are.. So why not pay for our ideas.