600m tokens available, 40m tokens sold in the ico (circulating supply). They want to burn 520m, 80m still available. -> 80m total supply, 40m circulating supply. So why should the price for a token increase? Because fomo?
supply and demand...the price was speculated with 600M coins in mind, now it is only 80M so people will speculate again for the right price.....imagine if bitcoin was made to become 210M instead of 21M max supply...will you still value it at 5k?...i think people will value it for 500+ per coin today. Furthermore just 800 ETH raised, thats around 240'000.- what are they planning to do with that little amount?
you said 40M was sold and with 80M supply, 40M will remain as theirs...if the value soars they can sell some of thier stash for funding etc. 240k raised..this might be good, it means low marketcap......i remember when ETH was soaring really high and then LISK was created and percieved as another ETH, a lot of people bought in the ICO and the price of LISK did not soar, why?...if almost all people already bought, who will buy it from them? if few people bought, there are still many people who hadn't bought, they will buy them from the few. note: i haven't researched your figures, i just assumed they were true.
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Would you guys say this is a good moment to get in this? At $0.10 ?
the pump is over, dumping might be over...this coin is still imprisoned in a small exchange, FLIK is still very young... if people panic sell at 10c, you might get it lower than 10c ......... but it seems that people here who bought at 5-7c consider themselves lucky and i think they are not dumping anytime soon.. your money, your call...do your diligence/research.
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Price will surely go up after the token burn but i have also seen that they are trying to get added onto binance and bittrex. I think they will get onto binance for sure. There are other good things as well such as a private investor who is buying $500k worth of the coin. Coin has nowhere to go but up. Very very undervalued right now.
Why do you think so, in the last 3 days the price is decreasing ? BTC rally bleed the alts..FLIK didn't return to 5-7c it is holding 10c (for now). sell orders are thin compared to FLIK at 10c few days ago. i think it is finding the bottom..
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Can someone give us an update of what the Espers team is actually doing? All this blabla, and we haven't got anything. PoS was supposed to be fixed last month, still not the case. All i see is a bunch of shilling but no action. I invested ~4 btc at 10 sats and this was the worst investment ever. I have been loyal to ESP for the last few months but right now I am thinking of moving to the new project. They are very open about everything. Can someone convince me otherwise?
learn to cut losses...when shit goes out don't wait for the drain button to be pushed
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This project is being hyped only by newbies account, that inspires confidence
He thinks "newbies" are actually new. HAHAHAHAHAHAHA—no. I'm sorry we don't troll around forums all day instead of investing. I only registered to join in on the recent airdrop craze. However, I can say I'm NOT sorry for NOT buying a ranked Bitcointalk account so I could pretend to be somebody I'm NOT. you are not a newbie alright....you registered just to join the recent airdrop craze...but you knew that there are buy/sell accounts here...took me at least a year before i learn that there is such a thing here, i never looked just came across posts about that and i'm not interested in such. some newbs account have content in their words too...some newbs are created by non-newbs so their words have real content too.BTW anyway there are real newbs out here getting scared of the FLiK burning event, like they should put coins in their wallet to protect it from burning....like a molotov cocktail will be thrown and we should shield or coins so they don't get burned. LOL (no insult intended) ..it is part of the learning curve in crypto. good luck.
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Poor Icey....so concerned about our on going development. Sad!
...we do love you passion for oversight. What you don't know is some of us have a bit of a "inside" on whats coming down the pipe....and bro, your not going to be happy. And that is why the core and everyone else is keeping tight lipped. By the time you find out the scope of what is being worked on...you'll be happy you hung on to your bags of DASH. Because we know you have them. So good try in trying to spread FUD and attempts at trying to influence the price(pitiful as it may be). We are on to you Icey. If I were you...I'd be less worried about the future of DASH and more worried about helping your neighbours in NAPA fight some fires. That would be far more Noble pursuit. PS...how is that proven broken privacy going for ya in Trollero? well I'm not surprised...from a guy here DASH - Love at first sight user accounts[Looking Beyond the Hype]you got some "inside" too during the DASH Masternodes - the perfect motive for the instamine event? like this guy? guess what folks! DASH current CEO Ryan Taylor has a love at first sight account... Taylor05 Signup: January 19, 2014Rating: Member DASH launch date January 18, 2014cross post at DASH ANN thread:
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What are you guys gonna do?
Are you sending your FLIK to a wallet because of the burn? Or are they okei in coinexchange.
I have them in coinexange Should I send them to a wallet? Is myethereum wallet good? it is good as far as i know...in my case i used my ETH backup wallet and loaded it in MEW thru " Keystore File (UTC / JSON)" file, typed my password and seen my FLIK balance there after loading token balances. my old ETH wallet is syncing for quite a while now..token balances will appear there too after sync.
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IF I buy FLIK now on etherdelta, is it safe to keep it there during the coin burning process on Oct 20 or I have to send those coins somewhere else??
I want to add to this question if there already exists a wallet? Or is this token compatible with the Ethereum wallet? Where do you stash it safely? Sorry if this may sound dumb but I haven't been into an Ether based token before... I haven't used etherdelta yet but i assume it will be safe there during the burning process. all coins being traded in all exchanges will be safe in the coin burning event since the coins that will be burned is in the devs wallet. the safest place to store any crypto currency is in your own wallet, but it is solely your responsibility to protect them from hack/virus/malware and to always backup your wallet. FLiK is an ERC20 token....it is compatible with Ethereum wallet...some FLiK that I bought from coinexchange, I withdrew them to my ETH wallet, used my ETH address as my withdrawal address.
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can FLIK do another x3? that is the question
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a coin that can do 100x if..
1. marketcap is very small at start..........get in very early
2. if a coin that is innovative started in time when market is depressed...like 2014-2015...........HODL
3. pump and dump...............exit at the right moment.
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let's see how this FLiK token roll
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remember when you are getting 0.1 btc a day mining zec, now it is 0.1 zec a day..the irony
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Anyways, I think focusing on the riserless mobos is better strategy moving forward. Save money on unreliable risers, better heat control and lessen OS compatibility issues.
I love the sound of eliminating risers if possible. Just the time saved troubleshooting the rig if it's acting up would be pretty valuable, even without the additional cost savings. I hope that somebody makes one with ample enough spacing to run a full 6-8 higher wattage GPUs, such as GTX 1080 Ti, Rx Vega etc. i don't get what citronick is saying about "better heat control" but risers are important to make space between hot gpus, the closer they are together the hotter they get.. quality risers are good, most of my risers from late 2013 are still going strong. and add to that my 775 motherboards circa 2006-2007 that are paired with these risers are still working... look at that very long motherboard and look at the capacitors in between pcie slots, if only one of them gets cooked you're gonna get some headaches. You must have risers fashioned by jesus himself Ive had risers go bad all over the place , pretty much given up dual mining due to exploding risers or pcie slots connected to risers, It wasnt so bad with hawaii cards never had much issues withrisera on my 390 a s 290x builds unless the risers were doa, but with polaris and even Pascal it seems they can draw excessive amounts of power from the pcie slots , like spike or something which usualy overload tbe pcie connector or the sata part and fuse them. Honestly I think it has something to do with the die shrink from 28 to 16 and the power distribution circuits being poor on this generation v i'l share later pics of my old risers later when i get home.. and my new ones...forgot the versions..they did experienced eth dual mining but changed my strategy. i stopped dual mining eth, shifted to zec, undervolt a little(for some of my cards) and increased the number of my cards. it maybe profitable dualmining eth but with increased number of cards profits level up too. here is my old riser.. here is my new riser.. both are molex...old is ver. 3 new is ver. 6
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With the last discharge she gave, she can manage well, this is a coin that I trust a little more, I always follow what I can about her. As the amount of coins is high, it will be very difficult to stabilize at a more attractive price. Let's wait and see what happens with the novel Esper! what are you really trying to say here?? I have no clue what your words mean? Her who?? Novel?? Did I miss something?? means..buyer at 2 sats are feeling the heat of dumps because when it reaches 1 sat he lost 50%...and 1 sat is ESP's last breath, when this shit goes back to LTC market, this shit is DEAD.....move on to other interesting projects.
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We are in a situation that is not about price anymore, it's about commitment. I think ESP was the first POW/POS coin that had a great future but unfortunately is in the wrong hands. I will never forget their start when dev was online and here for us everyday.
newbs.. look at the roadmap, there are 7 stages..development didn't proceed to stage 2, actually stage 1 was never complete....aaand this project is about 1 year and a half already. devs beards fooled you all
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Anyways, I think focusing on the riserless mobos is better strategy moving forward. Save money on unreliable risers, better heat control and lessen OS compatibility issues.
I love the sound of eliminating risers if possible. Just the time saved troubleshooting the rig if it's acting up would be pretty valuable, even without the additional cost savings. I hope that somebody makes one with ample enough spacing to run a full 6-8 higher wattage GPUs, such as GTX 1080 Ti, Rx Vega etc. i don't get what citronick is saying about "better heat control" but risers are important to make space between hot gpus, the closer they are together the hotter they get.. quality risers are good, most of my risers from late 2013 are still going strong. and add to that my 775 motherboards circa 2006-2007 that are paired with these risers are still working... look at that very long motherboard and look at the capacitors in between pcie slots, if only one of them gets cooked you're gonna get some headaches. You must have risers fashioned by jesus himself Ive had risers go bad all over the place , pretty much given up dual mining due to exploding risers or pcie slots connected to risers, It wasnt so bad with hawaii cards never had much issues withrisera on my 390 a s 290x builds unless the risers were doa, but with polaris and even Pascal it seems they can draw excessive amounts of power from the pcie slots , like spike or something which usualy overload tbe pcie connector or the sata part and fuse them. Honestly I think it has something to do with the die shrink from 28 to 16 and the power distribution circuits being poor on this generation v i'l share later pics of my old risers later when i get home.. and my new ones...forgot the versions..they did experienced eth dual mining but changed my strategy. i stopped dual mining eth, shifted to zec, undervolt a little(for some of my cards) and increased the number of my cards. it maybe profitable dualmining eth but with increased number of cards profits level up too.
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Pretty much same ole thing around here isn't it? Where are we going what are we doing?? It all seems to make the weak hands sell then dev gets active pump it up, rinse and repeat!!!!
it's the tools of the trade
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Anyways, I think focusing on the riserless mobos is better strategy moving forward. Save money on unreliable risers, better heat control and lessen OS compatibility issues.
I love the sound of eliminating risers if possible. Just the time saved troubleshooting the rig if it's acting up would be pretty valuable, even without the additional cost savings. I hope that somebody makes one with ample enough spacing to run a full 6-8 higher wattage GPUs, such as GTX 1080 Ti, Rx Vega etc. i don't get what citronick is saying about "better heat control" but risers are imoprtant to make space between hot gpus, the closer they are together the hotter they get.. quality risers are good, most of my risers from late 2013 are still going strong. The non-powered ribbon style risers do work nicely especially if they are well made. However, with newer GPUs requiring more power, the newer risers that have voltage control, better capacitors and 6-pin power (v6c/v7c?) is the gold standard for riser based rigs. Avoid the molex powered risers or any of the v1 to v5 risers. Better heat control can be achieved more efficiently with riser less mobo builds, using in conjunction with powerful "Scythe" fans placed back and/or front of the cards depending on reference/blower GPU or otherwise. If done properly, you could get 1080tis with paper thin spacing at beast mode and still attain acceptable temps. Currently, I use a "vertical GPUs on S hook design" for the RX ETH farm and also using zip-ties for the newer builds on TB250s and H110s.... I will try and get some pictures to show my experiments in the warehouse..... but my group members is kind off anal about showing pictures of the farm.... but will take some discreet shots. _______________________________________________________________________________ __________________________________________________________________________ that cooling solution might be enough for the place/country you are mining it but other countries/places that tend to be hotter than yours, that setup might not be good enough for them..he lives in a tropical country with high temps and high humidity. _______________________________________________________________________________ _______________________ regarding "Scythe" fans or any solution like that....that's basically blowing the heat in tight spaces between gpus, heating the room and then exhausting the heat from the room to outside..that is... GPUs--->small fans---> room exhaust (3 step cooling) for me it is better to make wide space between cards (no need for "Scythe" fans or any solution like that), the room heats up and then you exhaust the heat from the room, this way it is more simple and less energy/fans/effort used....that is.. GPUs-->room exhaust (2 step cooling) that "small fans" solutions for me is just a remedy to certain areas/situations in my mining room where temps tend to become hotter (places where it is getting crowded and cards get uncomfortably hotter)... i totally agree with your setup if risers are pain in the ass for you and the country/place you are mining is advantageously cool enough. just think of it..you underclock/run a GPU in its most efficient power tune/bios mod to become power efficient overall and save power(hashes per watt)...and then you add a 6w fan as an additional power consumption. yeah 6 gpus saving 15 watts each and spend 6 watts back net 84 watts.Riser free vs lots of risers. I am a riser free guy in principal but I do use risers. What I have found is heavy clocks burn risers and don't burn mobo'sI have burned more risers then mobos. I am at the point all my gear is paid and I have: spare mobos. Spare ram. spare psus. spare hdds spare ssd spare usb's mostly because I pushed in the 1080 ti mining which removes needs for slots and or risers. 3 card 1080 ti rigs riser free = 7 or 8 card 1060 riser rigs.
a single 6w fan cannot blow air in between 6 gpus, ideally you need 5, that's 6w x5 = 30w usually what burns in risers (from my experience) are the molex to sata adaptors or when direct molex connections are loose why not 7 or 8 card 1080 ti riser rigs? i get it that you have spares and using them is reasonable but using riser, uses less power and space than using cpu/ram/processor/board/ssd-hdd-usb. i got spares too, using them as combination of riser-free and riser GPUs.....but my main setup in my mining room is riser GPUs utilizing all pcie sockets.
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i don't get what citronick is saying about "better heat control" but risers are imoprtant to make space between hot gpus, the closer they are together the hotter they get..
quality risers are good, most of my risers from late 2013 are still going strong.
Avoid the molex powered risers or any of the v1 to v5 risers. Why avoid Molex - the connectors can EASILY handle the needed 75 watts (the actual connectors are rated for about 150 watts IIRC) as long as the WIRING is beefy enough. Avoid SATA definitely, those connectors aren't rated for more than about 45 watts and WON'T handle the load. to rslx - if you're willing to wait, your best choice is to buy from the manufacturer(s) direct. the risers i'm running since 2013 are molex and some molex to sata adaptors are still fine, although i'm plugging molex to my risers directly (and preffered it that way) there are situations that i let it pass, when i run out of molex connection or when my molex wires didn't reach the area and sata wires can reach the place where i placed my riser/gpu.
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