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141  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network on: September 03, 2017, 09:27:57 AM
Why is the ticket price rising so much the last few days?
Can somebody explain it?
142  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [EON] EXSCUDO - ICO successfully finished! on: August 27, 2017, 04:20:41 PM
when will eon be shared?  Huh
He said in september will be distributed and entered the market, is it true? Please who knows the information about it Smiley

October 4 is the date when they will launch their exchange and after launching that they will distribute Eon to participants. *Message by officials of Exscdo*

October 4 2017 is only the testnet lauch date... Where did you get this information form? Any sources?
143  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] TIMEREUM (TME): ADDITIONAL ADDRESS PAIR BIDDING/SALE NOW OPEN (183 SPOTS) on: August 27, 2017, 11:05:29 AM
I'm a bit lagging behind. The new contract brings something new over the additional address pairs or it's just a fundraising to get listed on exchanges?
144  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] REAL [ICO] Invest in Real Estate, Earn Ether [AUGUST TOKEN SALE] on: August 26, 2017, 08:55:31 PM
Another great project to watch! I'm glad that I found it before the ICO starts. I like these crowdfunding where the creators are offering a profit sharing service!
145  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] KICKICO |ICO 29th August| PLATFORM FOR CROWDFUNDING ON CRYPTOCURRENCY on: August 26, 2017, 08:37:59 PM
Already a lot of ICOs nowadays. With this ICOs will become commonplace Smiley It will be nice to see the even further boom of crowdfunding this service might create Smiley
A new rival for kickstarter!
146  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ETC] Ethereum Classic: Immutable Smart Contracts on: August 24, 2017, 08:57:46 PM
Can someone tell me what will happen with ETC in September? I saw this date multiple times, but what is the news?
147  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ETC] Ethereum Classic: Immutable Smart Contracts on: August 23, 2017, 08:58:57 PM
its pumping each month at the same date, why ? i dont know, but you can check on charts, beginning the 22nd/23rd of each month

maybe its jsut the early start of the september rallye

What kind of september rallye? Have I missed something regarding this?
148  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [EON] EXSCUDO - ICO successfully finished! on: August 23, 2017, 08:52:13 PM
i also doubt x100 lol .. but i think the project will be a success regarding the time they are taking and the updates they give

if theybrelease the coin with all the features all ready i guess its no surprise if it will rocket up the moment it gets released. and probably the reason more are interested to buy exscudo account with bounties. if its going to be listed on exchangss like bittrex and binance, price will be high.

To be frank, I don't see big exchanges listing EON tokens, it is like helping your direct competitor. I will definitely be happy to see the token on big exchange like Bittrex but I don't see that happening now

I would agree. Exscudo will have to grow organically. That's why they will need a strong community support. I wonder why Exscudo doesn't use telegram. It's a great tool to build great community.

Exscudo will be listed on the usual exchanges. There are coins and projects already listed that are in competition with traditional exchanges. Exchanges make money off trading, doesn't matter what the coin is used for as long as it is popular and trades well.

I agree with you. This depends on the volume and popularity / user base of a coin, plus the future opportunities a coin holds.
149  Local / Other languages/locations / Re: Magyar (Hungarian) on: August 23, 2017, 08:41:24 PM
Amúgy itt egy kisebb összefoglaló a nagyobb pénzügyi cégektől a bitcoin jövőjéről való kilátásokkal kapcsolatban.
http://www.portfolio.hu/vallalatok/azt_hiszed_vege_a_bitcoin-oruletnek_meg_csak_most_kezdodik.2.260049.html?utm_source=index.hu&utm_medium=doboz&utm_campaign=link
Ezekkel kapcsolatban néha azt érzem, hogy ötletük sincs, hogy működik a crypto, csak vaktában lövöldöznek...
150  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Slimcoin | First Proof of Burn currency | Test v0.5 release candidates on: August 22, 2017, 09:05:28 PM
How much hashes/s are you getting from your CPUs? I've been trying to mine a few days on my OC'd 7700k in 0.3 windows version without any success, getting about 5k hash/s on 7 cores.

Those are some very low numbers.
I have an older mining rig which has celeron as a cpu, and on one core I'm getting 7 khash/s. (It awards me lately 2..3 block / a day)
If I remember good, my notebook with 5700HQ CPU on 3 threads gives me about 30 khash/s.
151  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BAT - Basic Attention Token ICO (31-5-17)- Worth Investing? on: August 22, 2017, 08:58:44 PM
Game changer news would be obviously whether Brave gets a noticeable market share (imo 0.5% would already be enough) or other browsers implement the BAT technology. Without either on of these the price is pure speculation and won't move much...
152  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] TIMEREUM (TME): First manually mined smart contract token. on: August 22, 2017, 08:53:40 PM
I was windering what happened with TME in nova in the last few days, but couldn't imagine a delisting... I hope nova can make a viable solution resolving the issue.
153  Local / Other languages/locations / Re: Magyar (Hungarian) on: August 22, 2017, 07:47:30 PM
Szia!

Hát én a minereumról sokat nem tudok sajnos, hátha valaki más valaki tud benne segíteni, vagy talán az eredeti angol nyelvű ann topicjában érdeklődhetnél esetleg.

A bitcoin szerintem mindenképp jó befektetés, viszonylag stabil (altcoinokhoz képest), vannak exchange-ek ahol ki lehet adni kamatoztatni, exchangen (nem saját wallet aminek a private key-éhez neked van hozzáférésed) persze csak saját felelősségre szabad coint tartani.

Amúgy érdekes lesz most a kövi pár nap árfolyam tekintetében. BTC-n beindul a segwit, BCH-nak difficulty retargetje lesz. Mozogni fog minden az tuti.
154  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⚡ [ANN] ⚡ DeepOnion TOR Integrated ⚡ No ICO 🚀 FREE Airdrops 🚀 6th of 40 Rounds on: August 19, 2017, 01:36:13 PM
DeepOnion #1 today in biggest gainers... Let us all celebrate this achievement, and applause the dev team for their fantastic job!'



OMG this is quite brutal, and it was even higher before! The distribution methid with restriction of dumpers keeps the price from falling, was quite a vise decision from dev Cheesy
155  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⚡ [ANN] ⚡ DeepOnion TOR Integrated ⚡ No ICO 🚀 FREE Airdrops 🚀 6th of 40 Rounds on: August 18, 2017, 07:32:41 PM
I will take care each one of you, Some of you for sure innocent and we will help you case by case.
If you supported us have no worry!

We are in full motivation like day 1. But allow us have some rest. It was hard day with too many unknowns

My recommendation to all to register official forums we can make much better support you there
https://deeponion.org/community/


Thank you for your hard work! I hope things will be sorted out soon, as it seems I've also have been involved with a lot of other fellows... Sad
156  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] TIMEREUM (TME): First manually mined smart contract token. on: August 17, 2017, 09:46:28 PM
I will be holding my 1 TME for quite some time before I generate my coins. I want to make the most of my genesis pair!
that's a good idea!

i myself couldn't wait though and already mined all 10 batches i swingtraded them on novaexchange and made over 30k tme out of my 12770  Cool
the price should rise to at least 1000 sat any day now , imo.
the lending service should give it a big boost aswell.

hopefully bittrex notices that this coin is a serious project with a professional dev and good new ideas and adds it without us having to pay the 5000 dollar fee.

Lucky you!

I don't have the time to do trades like these sso i'm just holding them... But the more people are minng their coins now the better will it be later for hodlers like me.
157  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DCR] Decred - Hybrid PoW/PoS | btcsuite Devs | Tons of New Features | Go on: August 17, 2017, 09:24:45 PM
I'm also liking DCR and trying to accumulate as much as possible, so I don't mind the short term price drop Smiley
158  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] TIMEREUM (TME): First manually mined smart contract token. on: August 16, 2017, 09:35:29 PM
Supply increased by 500,000 in last 4 hours and its now 7,055,509
Seems like more dump can come

What is the theoretical max supply? So basically how much acc. pairs are registered?
159  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [SKY] Skycoin Launch Announcement on: August 16, 2017, 09:19:07 PM
>With the .002 price they are requesting it places skycoin at over $600,000,000 in market cap and that is BS.

No. You are lying again.

Coinmarketcap.com says the market cap is 23 million. You say it is 600 million.

https://coinmarketcap.com/currencies/skycoin/

Coinmarketcap is only taking into account ~5% of total actual amount of Skycoin available. Although only 5% is available to the public doesn't mean there aren't more coins out there held by the dev team, not saying thats a bad thing. So the actual market cap of all Skycoins out there is actually 600 million.

Just like only a % of shares are publicly trading on exchanges, total market value of the company takes into account all the shares out there, including those held by company employees.

Correct me if I'm wrong.


Its the same as Bitcoin.

There are existing/issued coins. (ex. 1 million coins exist)

There is a supply or issuance cap (ex. 23 million maximum coins)

There is a tapered and decreasing, relative rate of coin issuance according to a schedule.

---

>So the actual market cap of all Skycoins out there is actually 600 million.

We did multi-agent simulations and modeling of this. It is actually a fallacy/misconception.

Because releasing all the coins, would suppress the market price. If we dumped all 100 million coins RIGHT NOW. The market price would still be 23 million.

If the number of coins in circulation is increased 10x, then the price for each coin declines to 10%. That is because what matters is the per capita capital inflows and coins per user.

Increasing number of coins in circulation, does not increase the market cap. It decreases the price per coin.

So for instance, if we have a 20 million dollar valuation right now. AND we increase the user base size by 30x, the valuation will be 600 million (which is where Qtum is right now).

This is why everyone is making so much money investing in altcoins. The userbases are expanding at an exponential rate (new market), that is faster than the debasement from mining rewards.

If we double the number of coins in circulation, then the market cap is the same. The price per coin, just halves.

---

The mathematics is not intuitive and what you expect.

Every time the coins in circulation are doubled, the price per coin goes down 50%. That is why going from 6% to 10% is hard, while keeping the price per coin up (~50% dilution). And why going from 10% to 20% is hard (50% dilution).  But why 20% to 10% and everything after that is easy.

A user base can grow 10x or 100x or 10,000x, easily. It can grow exponentially and nearly infinitely. However, the number of coins that will ever be in circulation can only increase 10x from the point that 10% of Skycoin reach circulation.

The key thing also, is that even given constant user base size, the price increases as the distribution of new coins tapers and declines. This is because of capital flow affects (money into the coin vs money out).

---

So to summarize, the market cap is a constant.

Doubling the coins in circulation (doubling the free float), reduces the price per coin to half (halves the price per coin). The market cap however, stays constant.

I agree that if you where to release all the coins right now the marketcap will still be around 23million.

But that doesn't change the fact that the current amount of circulation and price is suggesting a 600million marketcap.

Restricting supply is one way of controlling price but that is just not a good practice in my opinion. It is what the greedy diamond industry does to get money from woman who wants shiny things.

I love the concept of the project but with 90% of coins being control by the devs, it doesn't give the community much confidence. I understand that devs need to be rewarded for their efforts but sometimes being less greedy can lead to better adoption and and involvement from the community, therefore better chance of growing this into what your team envision Skycoin to be.

Of course in the end it is up to you to price your coins and you will have a better idea of how much your project is worth.

We dont set the market cap. It is set by the market.

When we get to 30% distribution, then most of these issues will be resolved.

>Restricting supply is one way of controlling price but that is just not a good practice in my opinion.

Skycoin has a lot of buy and hold people. Less than 1% for the distributed coins are trading the on the exchanges. That means people are holding.

This means there is long term confidence and expectation of "an explosion of value".

However, it also means that liquidity is thin (you cannot buy many coins without the price exploding to insane levels) and volume is low (if everyone is hoarding the coin, few people are actively trading on it).

Remember what happened to ByteBalls and IOTA. Byteball was $0.10 and exploded to $700 in less than three months. Even during extremely heavy distribution and coin drops (which Skycoin is not doing).

Then once ByteBalls was at $700 people were screaming "FUCK" out their windows and "I should have bought that" etc...

The price explosion happened after the distribution rounds finished (which were preannounced and to the Bitcoin holders). Then after coin distribution/taper ended, then consolidation and price increase happened.

The reason ByteBalls appreciated so quickly, I think was the distribution taper. For Skycoin that occurs at 30% distribution after the coin time lock.

===

We could also try a ByteBalls style distribution, now that we have the sky-messanger bot. We could drop 1 to 5% of the total coins, proportionally to existing BTC/ETH holders proportional to number of coins that participated in the event.

You would have to register a bitcoin address (which must have never been used before a given block) from your wallet, then you must hold BTC in the address during the lock/drop period. Then we add up all the Bitcoin across the registered addresses and do drop.

I think, maybe we could do that around the 20% distribution mark, as a possible distribution event. And would help get to the 30% distribution and the time lock, where the distribution taper falls off.

Doing a 1% Byteballs event makes sense in first drop as a test to see the reaction.

It may make sense to do this at the 10% or 15% distribution point also.

That would be a good experiment.

This drop seems to be interesting!

Also I read it on your blog that 300 skywire miners will be made and with a price of 1 BTC. Is this price final? (Regarding the value growth of btc lately)

And running a normal node on a computer, not a hardware node like this won't grant SKY earnings for the node runner, right?
160  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]PiCoin [POS+POW] [SIGNATURE CAMPAIGN] on: August 16, 2017, 09:07:37 PM
This coin had a promising start but had a mistake not restricting the selling airdropped coins. This drove down the price too much, and created a bad image imo.
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