Just because the price slid doesn't mean it will never recover. Anoncoin is still being mined, is still a valid chain.
I am not saying that ANC is dead. I am just saying that we need a higher volume exchange. Yobit would be a solution, but it seems that they have not either made a decision or the decision was not to list ANC. It has been more than a month since CS made the request and we have heard nothing about it. Moreover, ANC to survive, it needs more developers that believe in the project and overall a bigger community. That at the moment is non-existent. In regards to BTC38, the volume was actually quite high and I really don't understand why they made the decision to de-list. Maybe CS knows more about it than we do at this stage. The other question about BTC38 is, what happens to ANC coins? BTC38 had a large amount of ANC's. I was given INFChain to replace my coins and in a way I was quite lucky because the value of the INF's I was given was close to the value of the ANC's vs CNY I had prior to the suspension. However, I was told today that I will be allowed to withdraw my 2k ANC's from tomorrow until the 10th August. I am not sure it will happen but if it did, it would be amasing. I got the replacement coins, converted to BTC to get BCC there (the BCC is already in my BTC38 account) and my ANC's, lol. Yobit isn't worth being listed on anyway. Bittrex, Cryptopia are the two major players in my eyes now that btc-e is kaput and poloniex is losing trust.
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Pakistan is an interesting country. While I have heard bits and pieces and surely watched news and documentaries on its history in the past, it is still a bit of an enigma to me.
I know that the culture of crypto is a polar opposite of the general population, so this coin interests me. I can see actual Pakistanis get interested in the coin as a stepping stone into crypto however few in number they may be.
I'm still waiting on the day of government issued crypto.
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The controlled max supply claim to fame is now obliterated. There are more than 21,000,000 tokens.
The whole premise of Bitcoin is being undermined and people are A-Okay with it, fools that they are.
Bitcoin cash is a shitcoin, not Bitcoin. There are already thousands of those. Bitcoin is still limited to 21 million tokens. Nothing have changed. That's cool if you want to think that but reality says differently.
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The controlled max supply claim to fame is now obliterated. There are more than 21,000,000 tokens.
The whole premise of Bitcoin is being undermined and people are A-Okay with it, fools that they are.
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Just because the price slid doesn't mean it will never recover. Anoncoin is still being mined, is still a valid chain.
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The crypto world is not ready yet for main stream. -.-
The whole point is to not be mainstream. It's like expecting everybody to adopt casinos. wow, tons of people using casinos and making lots of money! Soon, everybody will gamble in casinos and casinos will go mainstream! Everyone will use casinos!!!
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Everywhere I read its recommended to withdraw coins from exchanges until the dust settles sometime after Aug.1st. That would create very thin pools everywhere without the option to transfer back and prices could move any direction much easier. The skeptic in me wonders if it might be better to put my coins on an exchange and perhaps just ignore the fork drama. BTC seems to have a tendency to go the opposite direction of the masses.
That's actually my exact train of thought. First everyone follows the often spouted ideal to withdraw their coins, then a large % will not redeem their airdropped BCH fast enough and get beat to the punch. Additionally, with all of the liquidity gone off exchanges the markets will get slapped around like a five dollar whore with far fewer coins while people sit there with their funds locked in wallets which need to sync and get transferred to exchanges creating a time buffer for market makers to react as they see fit.
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kaboom $3000 i can smell it!!
Litecoin went down in value after segwit passed and has never gone up in price relative to btc since. They are passing the rise in bitcoin value off as a rise in litecoin value whereas in reality it hit .02 and got punched in the nose.
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It would be nice to see SpartanCoin shed the Litoshi ranks and head for satoshi.
It may be a pipedream, but you have to have dreams!
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We need some small portal to be a beginning
Again, what we really need is an exchange. You could consider that a portal. Having hostdabb come back and accept xivra is not really a solution without an exchange.
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Ok so if I have WSX in a cold wallet, how do I participate in the swap?
I swapped V1 to WSX back when, but it has been offline since. Am I able to deposit these coins to an exchange now for the swap?
Thanks.
If you already swapped there no need, you can just deposit it to Cryptopia. My understanding is there was a Swap of wearesatoshi coin to WSX in 2014-15, which i participated in. Then there was a swap in 2017 of WSX which I have not participated in. Is that incorrect or correct? Edit: Ok, I think last month I read through this thread's old posts as if they were recent ones and falsely understood there to be a second swap.
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Ok so if I have WSX in a cold wallet, how do I participate in the swap?
I swapped V1 to WSX back when, but it has been offline since. Am I able to deposit these coins to an exchange now for the swap?
Thanks.
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Ok you got me on the mining asteroid thing, but as far as any new gold existing it will never happen. The gold that they "found" was already on Earth and therefore not inflated.
Yeah, well the available supply in circulation is inflating. Somewhere deep in the cosmos Gold is being formed from some insane star sized chemical reactions. If Bitcoin is fully minted in 2140 at 21 million units without a hardcap increase then mining will likely move to another coin which is traded for btc. It isn't the same as mining new btc but the overall supply of cryptocurrency units which are perceived to hold value will continue to inflate.
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Please tell me how Gold inflates?
I'll stick up for Vlad here. Gold is still being mined and there is even an asteroid named 433 Eros which is said to contain more gold than ever extracted on Earth. Asteroid mining is extremely complicated and requires a lot of precision to access the object at the correct speed and location in its orbit. Regardless, asteroid mining will likely be the most profitable venture possible in the indeterminate future. https://news.ycombinator.com/item?id=358351Additionally, in March of 2017 a Chinese company named Shandong Gold claimed to have discovered a new deposit. "...2.58 tons of gold reserves and that could reach more than 550 tons once exploration is completed in two years, which would make it China’s largest mine... the mine would have a life of 40 years..." https://www.bloomberg.com/news/articles/2017-03-29/shandong-gold-says-it-may-have-found-china-s-biggest-gold-mine
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N00b crypto traders jumping from one shitcoin ICO to another be losing money like:
MOTHER FUCKER THAT"S NOT ABOUT BITCOIN Mods where are you at?! ICE THIS BASTARD! This is a BITCOIN ONLY THREAD, and it is SERIOUS! On Topic: Bitcoin Price, Up or Down?
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If no one claims them, how do you suppose to redistribute them? The wallet has 243M coins, but there is still another 1B+ out there. And some people are still mining them because I am not finding every block.
To put them back into the mining supply, wouldn't one have to also readjust the reward and the halving blocks?
I don't know how to redistribute them, that is likely the worst way to go about it because it will never be fair. All of a sudden we airdrop millions of coins? People who get them for free will sell them at the first chance no matter the price. The easiest solution would be to burn them and make them unspendable, this would decrease the supply and make all USDE more rare and more valuable relative to this new max supply. The more complicated version would to be burn these coins then reintroduce 243 million to the available supply. As you said we would have to readjust the reward scheme, block times, etc. I'm not up to the task, but if we find a decent coder it shouldn't be too difficult to accomplish. Right now the block reward seems relativley paltry. 1.9 USDE per minute, 24 hours a day, leaves you with a mere 2,736 USDE per day if you get every available coin. If anybody would like to volunteer for any potential resolution on this, please step forward.
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What's the status regarding coins reimbursement?
No one has messaged me or contacted me so far. That's a shame, most people who lost their coins on Cryptsy probably aren't aware that altcoin wallets have been reclaimed. I got all of mine off of Cryptsy in time. We could Burn the coins, removing them from the max USDE supply or try to reintroduce them to the minable supply. That would handle the issue fairly. Is there anyway we can spread the word more widely? Maybe keep talking on this thread and bumping it to the top of the topics list? Messaging people in this thread directly? I am not just going to burn the coins and I don't think there is a way to put them back in the "mine" again. You may not want to get rid of those 243 million USDE but if nothing is done to take care of those coins nobody will want to buy USDE anyway. Finding the original Cryptsy owners is unrealistic and will never happen no matter how much you advertise. For the sake of the coin the best thing to do is burn the coins, redistribute them, or reintroduce them into the max mining supply which is possible by a capable dev. If you simply put USDE on an exchange with 243 million outstanding then you will be lucky to get fractions of doge for your holdings lol
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If anoncoin ever hits $1000, on my life, I will donate you $1000.
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1 Pakistani Rupee equals 0.0095 US Dollar
Currently PAK trades at .0063 US Dollar So it will be interesting to see how PAK trades as it reaches and surpasses Rupee parity.
It would be peachy if PAK managed to reach the 2014 values of Auroracoin of 10 USD + but I would not hold my breath.
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This century is the century of strife setting up the golden age of the 2100s... or maybe we will not find our footing as a species until even later than that.
Point is, we are still figuring out how to adapt as a species to our newfound powers... The internet has created a lot of hunger but there is only so much food.
Crypto is a warzone with lies, deceit, and delusion abound. Everyone wants somebody to buy their coin at a higher price than they originally attained theirs for. Somebody HAS to lose on a trade, eventually. It can be mutually beneficial as long as the price goes up but it's mostly a game of hot potato.
How can you not hate a lot of people if that's the name of the game? Survival of the fittest through investor manipulation, what a fucked up species we are!
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