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So, is it too late to get into this coin? What I mean is, if I get in now, will there be a dump back to like 4000 or something? I know that's impossible to predict, but… 24 hour low on bittrex is 2251. I have a feeling if I got in now I'd get dumped on.
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How close are we to the end of this last POW?
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No doubt this has been asked countless times, but how many coins will there be after second POW ends?
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Who's the dev? Collegestudent or The Dagger?
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Anybody know if Poloniex will be adding this coin soon?
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Where is this pump. I'm getting killed over here  Ya seriously. Seems like any coin MP adds through voting just gets dumped. Maybe they should stop that process? |
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This second POW phase... when does it end and when will POS start? Sorry if this has already been asked a thousand times lol
The 2nd PoW starts at Block 50,000 We are at block 46,825... The block times are about 1 block per minute so there are roughly 1440 blocks per day. So the second PoW starts in a little over 2 days. It shall end 10,000 blocks later or in about 7 days (1440 * 7 = ~10,000) after it starts. If you have the silk coin client you can view the current block under the statistics tab. Judge Crypto Thanks! Do you think that people will for the most part hold back from buying until closer towards the end of that second POW? Won't there be some sell off during this second POW phase? I'm assuming if that's true, I shouldn't get in until closer towards the end of the second POW phase? I'm just trying to figure out when to get in. Honestly, the logical view at first glance is to wait until the second PoW to buy. To me in my analysis the best thing to do is to buy half now and try to time the low during the second PoW. I can tell you that even now Silk Coin is an extreme bargain. While you may be able to get better deals in the second PoW, you also may not be able to. It may go up if there are enough people waiting on the sidelines. I do believe that the price is depressed because people are waiting to buy and that is already factored into the price. There will be approx 15 Million coins created during the second pow. If 345 People each throw in 1 BTC during the second PoW @ 2300 Satoshi, it would completely absorb ALL the new coins. There is pent up purchase power out there since many like you are waiting. I have held a majority of my coins even though I could gamble and sell them all and try to buy them back on the downside. My fear is that I may never get them back if I try to sell them now. Will there be at least 345 people willing to invest 1 BTC with all the innovations in the wallet and the news in their upcoming white paper, which they have a team of devs working on. I am betting so... Do what feels right to you and never second guess it!  Judge Crypto I have been thinking about SC price for the last few days. I got lucky to pick up some on dips the other day. I agree with the above. Fully mined right now the market cap sits at around 750k USD. That is including 15 million more coins coming. This is a 1-2 million dollar coin at least in my opinion (for all obvious reasons stated previously). I am saying this even without buying my full "silk bag" yet because I think during the final PoW there should be enough coins for me and everyone. Will see. I just bought about 5000 on Poloniex at 2500. Right after I bought the price jumped to 2800 lol If it keeps going up I'm glad I got in when I did. |
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This second POW phase... when does it end and when will POS start? Sorry if this has already been asked a thousand times lol
The 2nd PoW starts at Block 50,000 We are at block 46,825... The block times are about 1 block per minute so there are roughly 1440 blocks per day. So the second PoW starts in a little over 2 days. It shall end 10,000 blocks later or in about 7 days (1440 * 7 = ~10,000) after it starts. If you have the silk coin client you can view the current block under the statistics tab. Judge Crypto Thanks! Do you think that people will for the most part hold back from buying until closer towards the end of that second POW? Won't there be some sell off during this second POW phase? I'm assuming if that's true, I shouldn't get in until closer towards the end of the second POW phase? I'm just trying to figure out when to get in. I've been with SC since the first PoW, and I've stashed a good amount but I was hoping to double what I have now during the 2nd PoW. But then things changed; the block reward was halved and the awareness of SilkCoin seems to be growing. Several popular twitter traders/advisors/pumpers (whatever you like to consider them) have already mentioned that they're accumulating SC, and their followers are beginning to do the same. I've been holding off on accumulation because I got my current stack under 1k, and was hoping the 2nd PoW would create another great buying opportunity... but I'm starting to worry. Not about SilkCoin, quite the opposite - I'm beginning to worry that waiting was a mistake and the 2nd PoW might not create as big of a dip as I thought it would. I still think there's a good chance - if we stay in the 2k prices - I still think we might see sub 2k prices during mining, at least periodically during dumps. But, it all really comes down to how popular the 2nd phase is. If it's quiet, it means fewer people got bigger stacks, and so dumps are more likely. If the 2nd PoW is hugely popular - and not just because of multipools - then we could actually see a price rise during the 2nd PoW. The past couple weeks I've been eyeing 2nd PoW as a sure bet for cheap coins, but with the block change and the recent social momentum SC is getting, I'm not all that sure anymore. It will be interesting, to say the least. Glad I already got some! Thanks for the response! I'll probably be buying a little tonight then and see what happens. |
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This second POW phase... when does it end and when will POS start? Sorry if this has already been asked a thousand times lol
The 2nd PoW starts at Block 50,000 We are at block 46,825... The block times are about 1 block per minute so there are roughly 1440 blocks per day. So the second PoW starts in a little over 2 days. It shall end 10,000 blocks later or in about 7 days (1440 * 7 = ~10,000) after it starts. If you have the silk coin client you can view the current block under the statistics tab. Judge Crypto Thanks! Do you think that people will for the most part hold back from buying until closer towards the end of that second POW? Won't there be some sell off during this second POW phase? I'm assuming if that's true, I shouldn't get in until closer towards the end of the second POW phase? I'm just trying to figure out when to get in. |
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This second POW phase... when does it end and when will POS start? Sorry if this has already been asked a thousand times lol
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Is there a reason people suddenly are buying this coin on mintpal?
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So, should I even ask if there's any meaningful development for this coin at all? Maybe I'll put it this way, how will this coin be competing in the near future (1 month) with Darkcoin, XC, Blackcoin, or Cinni? Or is this a buy at 150, dump and 500 and move on coin?
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I have to say I'm totally blown away by this. I thought for sure Cinni was going to fade away. Good job devs!
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So was that dump on MP because people didn't understand why there was a fork?
was there even a dump in the first place? lol... Lol maybe I overreacted I just get excited when the price goes to 240000 and then get frightened when it drops back to 195000. Probably shouldn't watch it. |
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So was that dump on MP because people didn't understand why there was a fork?
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Hey look at that. People are actually starting to buy this coin on MP. Hopefully they're getting word about the wallet release.
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Really strange to see some of those large and relentless dumps. Just before the release are people out of their mind?
Maybe people are trying to chase the darkcoin pump? Don't know. Not sure that's much of a pump though at the moment. Or, maybe people don't know there's a wallet about to be released tonight because that announcement's not on twitter or reddit. |
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Communication team members:
Why is there no official announcement for tonight's wallet release on neither twitter nor reddit??
Who ever has access to those official accounts please do it.
Thank you
Yes we need to get that up ASAP!! No doubt will hopefully get some buyers when they see that! |
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Dear Lord no! I was about to invest but if there's any whisper of IE being the dev of this I suggest everybody run as fast as you can! Unless you enjoy watching your money get flushed down the toilet.
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Ya I haven't sold any of my coins, and I don't really plan to because I think XC's a good investment. There's only really maybe two or three altcoins worth investing in, and XC's one of them.
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