Well I guess we all know now that there is an either a massive X11 FPGA Farm, new Asic, a ton of GPU power out there... and if it is either 1 or 2, then this is a major issue in my mind and i think it further justifies the need to switch over to POS much, much, much sooner than expected - ie tomorrow night
Also on the mixer, the minimum I mentioned might be too low with the current code, so use at least 0.1
+1 for switching tommorow. How much reward from pos? 3.33% |
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Based on several factors the block height has been reduced to 22.5k - and then it will be POS only - Unfortunately there isn't a great formula that also maintains network integrity.
An updated windows wallet with the change will be released, GITHUB has already been updated, the 3 exchanges will need to update their wallets asap....
i'm sry if i seam to be a suckup i'm honestly not, im just ecstatic, you are the best crypto DEV ever hands down.. |
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Well I guess we all know now that there is an either a massive X11 FPGA Farm, new Asic, a ton of GPU power out there... and if it is either 1 or 2, then this is a major issue in my mind and i think it further justifies the need to switch over to POS much, much, much sooner than expected - ie tomorrow night
Also on the mixer, the minimum I mentioned might be too low with the current code, so use at least 0.1
everytime you post i like you a little bit more  (tears of joy) |
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As it stands right now the coin is far too easy to obtain,meaning if i find the right pool i can throw a few hundred Mh's at it and dump it for a profit,just sayin...
go ahead but i bet u regret it latter |
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I somehow doubt the dev was ceo of a major company. If he had been, everything about this coin wouldn't be so haphazard.
he was might not of been a billion dollar company, but it was a big company, it was on his linkedin account if you read back far enough in the thread u will find it but im not giving it out again because im sure he doesn't like it |
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Piss-weak market reaction, thought everyone was millionaire by now
Similar ratio to darkcoin that litecoin has to bitcoin in marketcap. Shows market already priced in anon feature during the nuclear runup yesterday. Also shows first-adopter coins fare better even when similar coins function better fundamentally (won't call this a clone coin if the dev has some unique code). Maybe the future holds more to this coin, but until then gratz to early buyers yesterday on poloniex
if we look at the price of other Anon Coin's price, such as dark and MRo also QCN, we know XC coin still have a lot of potential. And the price is still cheap. XC coin may rank in top10 on coinmarketcap after everything is ready. this coin will take drk's spot,i'm sure of it, Evan is a good coder, but i dn't think he is on the level of ours, the price of XC when it's all said and done will probably shock the shit out of all of us. one thing to think about is DRKsend wasn't enough so Evan is adding ring signatures, but what our DEV recognized that he didn't is that it will bloat the block chain and make useless to mass usage, who is more on the ball? i will let u decide, another thing is Evan, and don't get me wrong DRK is awesome and he has done great! but his past experience was building bots at home, ours has years of experience of not only extensive coding, working for government agency's, he also ran a company, a crypto is not just a currency, it's a business, a company, well it should be, and what we have here is not only a guy who can deliver the product and constantly enhance to compete with the best, but he will know how to manage it when it gets big, who knows if Evan is up to this task, only time will tell The dev seems to know his stuff in the technical department and might even be more qualified for the job (this type of job requires someone with the mindset of Anonymint really - which is highly paranoid on things related to security and holes in the design). If I had to rate them, from what I see, I'd say you are right in the security background etc etc, but keep in mind though that Evan also has a financial background and the economic model of dark is one of the best around. So, a crypto being primarily a currency, is very largely affected by economic decisions and economic design. Stuff like coin number and inflation are critical. If I know that there will be 10 coins more tomorrow per one coin today, why would I buy big with all this dilution? This stuff needs capping and it needs capping yesterday. Being an "infinite" coin through PoS production is also not good for rarity which makes it less valuable - you become something like a DOGEcoin. Arbitrary block numbers like 333 coins per block, 3.33% inflation, 33.3mn coins heavily remind shitcoins even if the technology of the anonymity proves very good. These are stuff that need better design. They are CRITICAL to success. If everything is staked (not likely, but just to illustrate) 3,33% inflation* through interest means that by year ten these 33.3mn coins will be 44mn and by year 30 it'll be 86mn coins. The interest in itself inflates the coin so the owner gets nothing in reality because the monetary base has been ...debased. We need much less coin generation (10m sounds good), much less interest and debasement (for those that could be arguing " oh I bought thinking I'll get 3.33% on my coins, think that if the monetary base expands by a similar amount, you'll only win if someone actually buys the extra coins - which is less likely to happen if they know that the coin will be continuously debasing". The dev must make a decision soon and fix the economic model, no matter what the haters say. No matter what's happening right now in terms of technology, MRO people are clueless in terms of inflation and massive reward as the production can't be absorbed (I tried to tell them about the price stagnation and that they need to do something - but didn't really listen) and X11coin is problematic in its design as an economic instrument, which I'm highlighting right now and perhaps it'll be fixed. * 3.33% = worse than gold's 1.3% (2.500 tons added per year in a 180.000 ton above ground supply). Even if half the quantity is staked then it's again >1.3% which is the absolute benchmark in terms of finance. Consult someone with financial background, see what other cryptos are doing and fix it fast along with the distribution otherwise it will hamper long-term prospects. Then fix the name / brand. And these, all the while working on the anonymity aspect. My 0.02 duffs. i see what ur saying and agree, but you need to rember XC dev was a CEO of a major company and this coin is capped 10million pow and 33 million total with pos DRK will reach 28mil before we reach 33mil you can be sure of that |
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drk came out like in january that was 5 months ago...it has a marketcap of almost 60 million! know just think of something that will be better then DRK with a DEV who has managed major business before and give it 12 months what do you think the marketcap has the potential of being, might be optimistic but im thinking ltc marketcap levels that would give each coin the potential of being roughly $30 each!! and seriously what has ltc got? if drk can do 60 mil in 6 months we can double it and then add another 6 months or so it's not inconceivable really, it's very possible!
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and just like that XC lose's its profitability for low end miners  f***ing multipools..... so we reduce the mining period! when does the mineing period actually end? when we hit 10 million XC coin. maybe one month later. f**k, this will be a painful month, where is all this hash power comming from..... its frikin insane. the multi-pools might be dumping and keeping the price down..but that creates a buying opportunity for us in the know, when pow ends you know whats going to happen so look at it as a blessing bro |
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all we got do is deliver quality work, and when the volume picks up, they will add it without having to be asked  |
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Folks, I've revised the size of payments. From now on i am paying 80 QCN per translation into a subforum and 60 for a thread post. I'll soon submit a list of languages which I already have. I'll send all bounties in the evening. QuazarCoin was launched recently, and QuazarCoin must expand. QCN was launched without premine and instamine and QCN bounty/giveaway fund needs your support. You can send donation for QCN bounty fund - https://bitcointalk.org/index.php?topic=616281. QCN address for donation:1R9wwAH68XNGHZBsSCbyPL5EBepCoqnPPYpUuYx7jyZtc1SqekoM5p4iiB4EnkHBMXUrkwg7vR35vcoC6h48t7AjKXqXWqX Regards, O.S. is there link to check current coin supply sent a message to cryptocoinrank.com and this is what they said Hi, can you tell me the location of the link that gives the output of "total coins" here: http://qcn.cryptostats.org/ ? Like a "totalbc" from the ABE script. In that case I would be able to add Quazarcoin today. Cheers will message them back as soon as you let me know thanks |
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i dn't doubt it just look at XC went from 5k to 100k in less then 3 days, things move quick in the crypto jungle  |
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Like it wont happen on its own without our suggestion.....
And no I didnt know SR rose again, one day I should probably actually go to the site I suppose.
as i said they announced without asking they would be using DRK then subtracted there statement when they found out it was closed source, so if it happens, it just will, but as others have said this coin is bigger then that, but dn't be surprised if it happens, i have been on SR a few times, it's pretty cool, but i'm not into drugs anymore, i just go on there occasionally out of curiosity |
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Perhaps someone should hop on SR or whatever site there is now days (I seem to remember it shutting down) and talk to whoever is the dread pirate now.
DRK was accepted then got knocked back and they never evan approced them, they were knocked back because they didn't relise they were not OS so if we get the job done right and achieve equal or better anon then DRK( im confident) they will add it them selves, all we have to do is deliver the product, the rest will fall into place Err okay. Don't think we should promote this coin as a SR currency - and either we shouldn't be proud if they adopt it to their activities. This could damage the coin massively no we shouldn't and i never said we should, if the anon is good enough it will just happen, we won't have to do anything and we can't do anything about it, but if it happens, just go with it, it won't hurt us at all, all it will do is improve the price, as i said btc is fine and this is how it started they go after the marketplaces not the currency's used in them silkroad 2 also uses LTC, i can assure you who ever runs SR is watching this anon race and taking notes, if it doesn't happen who cares, if it does..$$$ cha-ching! |
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Looks like there is a new safe way to move money around without having to worry about what the users you sell coins do do with them later. Like hitting up sillk road  (poor bitinstant) man!!! if this is accepted as a silkroad currency, and that's something i never really thought of till u mentioned it, the price will be evan higher then i'm anticipating, fingers crossed  Totally stupid move that will certanly banned this coin and dev. behind bars...you stupid kids...this coin with anon. feature can have much larger purpose then buying drugs (with that I don't mean cannabis ) mate...is bitcoin banned lol..silkroad 2 is thriving and guess what currency they use? i think u already know, btw not stupid and not a kid, but thanks for your opinion but with that said i agree anon coins have a much larger use and purpose in this world then drugs, and i agree cannabis is hardly a drug, it's a medicine. |
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Perhaps someone should hop on SR or whatever site there is now days (I seem to remember it shutting down) and talk to whoever is the dread pirate now.
DRK was accepted then got knocked back and they never evan approced them, they were knocked back because they didn't relise they were not OS so if we get the job done right and achieve equal or better anon then DRK( im confident) they will add it them selves, all we have to do is deliver the product, the rest will fall into place |
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it doesn't matter, im sticking around, but what is the ETA on the wallet, just out of curiosity?
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I know I am "new" on the board so to speak, lurk forever, This coin needs to have half the coins destroyed or removed, 50 million or less is MUCH more valuable in the world of alt-coins, The developers need to step it up and be a bit more vocal here and elsewhere.
First and foremost I believe the wallet needs Two-Factor logins as well as Withdrawls.
Second it needs to get on Poloniex, like yesterday, Mintpal will follow after that.
welcome to the forum, there something you may of over looked there are a total of 100 million coins but only 14.5 of those million are pow, the rest are pos so it will take a long, long time to reach the 100 million( i'm guessing you know what pos is) i would of bought in when it was around the 100 satoshi level but i overlooked this myself. Buy at 1000 its still cheap , after the iOS wallet release the price will explode you got that right anywhere between 10k and 100k satoshi probably around the 50k but anything is possible, people will be crying lol |
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I wish I have 0.1 million coin and hold this for long term investment , will buy some and mine some until I get 0.1 million XC coin!
0.1? do u mean 100k? if so u will be very rich if you accumulate this much, i'm half way there (tears of joy) |
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Looks like there is a new safe way to move money around without having to worry about what the users you sell coins do do with them later. Like hitting up sillk road (poor bitinstant) man!!! if this is accepted as a silkroad currency, and that's something i never really thought of till u mentioned it, the price will be evan higher then i'm anticipating, fingers crossed |
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Piss-weak market reaction, thought everyone was millionaire by now
Similar ratio to darkcoin that litecoin has to bitcoin in marketcap. Shows market already priced in anon feature during the nuclear runup yesterday. Also shows first-adopter coins fare better even when similar coins function better fundamentally (won't call this a clone coin if the dev has some unique code). Maybe the future holds more to this coin, but until then gratz to early buyers yesterday on poloniex
if we look at the price of other Anon Coin's price, such as dark and MRo also QCN, we know XC coin still have a lot of potential. And the price is still cheap. XC coin may rank in top10 on coinmarketcap after everything is ready. this coin will take drk's spot,i'm sure of it, Evan is a good coder, but i dn't think he is on the level of ours, the price of XC when it's all said and done will probably shock the shit out of all of us. so maybe the right thing is close the wallet, and open it three month later! You will shock yourself. lol i wish i could but this is to exciting, this could be life changing to all of us! haha still hold 99% of my mined XC coin, send 1% to my friend for free. I wish I have mined more 3 days ago! i bought in a 10k and have a decent amount wish i bought more, but can't be greedy, i'm vwery happy and excited for the future. |
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