We're doing well for just 3 weeks since launch Well actually no, YOU are doing well, and all these sheeple dipshits are slitting their own throats to pay for your rent in your moms basement. Crypto 2.0. As the saying goes the man who aint doin shouldnt interrupt the man who is doing". the mere fact that this is a experiment if you ask the community they'll share the same as nothing has changed. How is that IGotSpots is experimenting with the blockchain technology, but may i pose the question when was the last time you created and offered something to the btctalk community? If you check within the threads and please do its plenty of testimony on here that contrary to your beliefs 1oK has a working system in Place and a multipool to supplement the market incase of a deficiency(Absense of buying pressure). lack of investors = less bitcoins= no buy pressure multipool = More bitcoins = supplement 10k market. It almost appears 1oK is a all in one stop shop coin. where else can you get it better than this. - Buy Stake principle - Receive interest - Multipool refurnish newly btcs daily - Investors choice from there on. Only time will tell, with the anticipation of the multipool growing rather quickly in size mining the most profitable altcoins aggressively and new resources being infused daily what investor with half a brain would walk away from a opportunity like this knowing theres a better chance being in 1oK than other given altcoin that doesnt even offer an incentive to hold? P2P360
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The problem obvious is the high stake % and the coin is only a few weeks old. If i buy 100k today at the end of the month i should have 200k in theory so if price keeps the same i would have 100% profit...
So basically this means price will go down way lower as sell pressure will increase every day. Some small multipools arent going to stop that.
Just my point of view though..please correct me if what i said is wrong..
you should have 200k + by the 4th day Ah ok. But the point is the same. The sell side will be huge over time while the demand will be close to zero as nobody needs to buy as they get thousands of coins for free by just staking.. The only reason why it still has some value is because people who dont have coins yet try to buy some. And its like a snowball effect. The more free staked coins get sold the lower the price gets and the more people can buy which is followed by even more staked coins. And even if people dont sell, then they keep on staking and there will be so many coins that nobody wants to buy them... So lets assume it goes to 100sat, then you can buy 1 million coins which you can double fast...and once you sell the million free coins you got from staking, then you probably eat the whole orderbook...just with 1btc... and you can do it over and over again. So only road is the road to 1sat...its just common sense...cant really make much more of it... Greetings, Thank you as the community appreciates your insight. All of what you said may very well be true but who you or i to say the multipool as it grows in size jus may be on the path of your favorite altcoin. 1oK market has a constant appetite for bitcoins and why shouldnt the resources come from other alts, especially in the absence of buying pressure. views that were shared in earlier posts about 1oK + multipool as a system is a very smart idea & its one that could possibly benefit investors and create a greater incentive to hold and stake longer. please remember 1oK is a working "Experiment" in progress, jus incase you weren't aware there been value input from the community about the possibile uses for 1oK and the dev is open to ideas. I agree 1oK may not be for everyone. P2P360
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some moron has lowered the price much expected.. free money give away. Like a governmental welfare program, see how people act when given somethg free. people will abuse the hell out of it. P2P360
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I think you've got the wrong end of the stick! The multipool is great, I was merely counteracting the importance that some have placed on it in holding up the price. I am a little unclear as to the future of this "experiment" and would either like to hear more from IGS or the community. I would say that 10k is the most exciting coin I have been in, and I hope it continues for a long time. It will continue for a long time, that's for sure, as I am getting into contacts of some people with hard cash in their pockets and are ready to invest in a concept they may find innovative... I have asked them to look into this, as it is a complete new definition of PoS and worth investing because of the payment structure so powerful and quick... The only problem I see here is, the dumping side, as they are doing it in a complete linear way, that too, without taking the interest of everyone, as said before, they are trading $$$ for pennies... I admire your attittude and mindset towards 1oK. i contacted and shared with 2 investors i knew about the 1oK concept with and once they understood it without further hesitation both invested. the 1oK multipool does need more miners, this may a better deal for anyone with a miner who's currently unhappy with their favorite coin. If the market is short of buyers, hashing power is energy and a form of money thats the simple reason why the multipool can channel resources out other coins and inject new life in the 1oK market. More Miners better the results. P2P360
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New exchanges shouldn't be needed, we need savvy investors not retarded day trading. If we earn 255 a day from staking why the idiots dumping on the sell side @50% a day don'\t use their calculator and do simple maths? If you wanna dump dump and make sure we hit less than 255 a day drop in price, for heaven's sake use your brains..
Unfortunately, due to the level of maturity of many crypto investors, that isn't going to happen. For now, 10k seems fine and appears to be doing well as an experiment. The high POS seems to have worked well for the coins distribution, but will inevitably mean a drop in the price over time. For the time being, this is addressed by the compounding interest, which is fine. However, the PA suggests that with the ever growing increase in supply, it will continue to fall, until such a time as it hits 1 sat and no one can sell (unless I am missing something here). I'm not convinced that a multipool, or artificially trying to hold up the price is necessarily the answer. I'd suggest that people need an incentive to hold, which means an idea of plans for the future. I'm not clear about the finer details of the experiment, but once the results are obtained, given the popularity of 10k, and taking into account how well distributed the coin is, I wonder if some kind of coin consolidation with a lower POS could be the answer to securing a future for 10k? For example, a 10:1 coin swap with xxx% POS. For now though, i'm happy to hold. I appreciate your input as its valuable. i must admit alot can be learned by listening more. As many of us is not convinced that a multipool nor trying to artificially hold up the price is the answer.. Its the resolution to the solution! By looking at this from a backward perpective adoption could possibility come as a result of the multipool. its About attracting attention how else other than marketing/advertising do you get people to invest in 1oK? You gotta create the enviroment that which attractsAs the multipool aggressively works on behalf of The community and as long as 1oK can remain profitable for investors, who in their minds would walk away from a real opportunity lik this? If You can find another coin with a system on the backend that feed the market for your benefit, let me know immediately? What investor would waste time chasing another decaying altcoin if he/she knows there is a multipool workin contributing to the overall market their invested in. that could be a win win situation how can it get any better than this! The importance of the multipool is simply to help stablize 1oK and supplement the growing market all while investors rejoice cheerfully, why shouldnt you? P2P360 I think you've got the wrong end of the stick! The multipool is great, I was merely counteracting the importance that some have placed on it in holding up the price. I am a little unclear as to the future of this "experiment" and would either like to hear more from IGS or the community. I would say that 10k is the most exciting coin I have been in, and I hope it continues for a long time. I thank you for your honesty. We're here all on the same page. the thoughts that were shared was towards seeing 1oK coincept + the multipool as a (system). Incase of a lack of new investors entering the market or the absence of buying pressure without the agressiveness of the 1oK multipool where would the funds come from to feed the market and satisfy current investors? The multipool could easily be viewed as a way to temporarily counter-balance the absence of buy pressure thats not available. It could also been seen that Hashing power is the muscle behind 1oK until organic buying pressure arrives back into the market. Peer2Peer360
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New exchanges shouldn't be needed, we need savvy investors not retarded day trading. If we earn 255 a day from staking why the idiots dumping on the sell side @50% a day don'\t use their calculator and do simple maths? If you wanna dump dump and make sure we hit less than 255 a day drop in price, for heaven's sake use your brains..
Unfortunately, due to the level of maturity of many crypto investors, that isn't going to happen. For now, 10k seems fine and appears to be doing well as an experiment. The high POS seems to have worked well for the coins distribution, but will inevitably mean a drop in the price over time. For the time being, this is addressed by the compounding interest, which is fine. However, the PA suggests that with the ever growing increase in supply, it will continue to fall, until such a time as it hits 1 sat and no one can sell (unless I am missing something here). I'm not convinced that a multipool, or artificially trying to hold up the price is necessarily the answer. I'd suggest that people need an incentive to hold, which means an idea of plans for the future. I'm not clear about the finer details of the experiment, but once the results are obtained, given the popularity of 10k, and taking into account how well distributed the coin is, I wonder if some kind of coin consolidation with a lower POS could be the answer to securing a future for 10k? For example, a 10:1 coin swap with xxx% POS. For now though, i'm happy to hold. I appreciate your input as its valuable. i must admit alot can be learned by listening more. As many of us is not convinced that a multipool nor trying to artificially hold up the price is the answer.. Its the resolution to the solution! By looking at this from a backward perpective adoption could possibility come as a result of the multipool. its About attracting attention how else other than marketing/advertising do you get people to invest in 1oK? You gotta create the enviroment that which attractsAs the multipool aggressively works on behalf of The community and as long as 1oK can remain profitable for investors, who in their minds would walk away from a real opportunity lik this? If You can find another coin with a system on the backend that feed the market for your benefit, let me know immediately? What investor would waste time chasing another decaying altcoin if he/she knows there is a multipool workin contributing to the overall market their invested in. that could be a win win situation how can it get any better than this! The importance of the multipool is simply to help stablize 1oK and supplement the growing market all while investors rejoice cheerfully, why shouldnt you? P2P360
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Food for thought if your able to open up your imagnation some...
i pondered at the possibility of 1oK multipool channeling new life into 1oK market & creating what may be desribed as one of the biggest opportunties in Altcoins ive seen this year.
The idea of the multipool is to redistribute the resources of the most profitable altcoins back into the 1oK community (investors),
Why not let the multipool do all the work for the investors? this is exactly what we here for let your wallet(money) work for you... HELLLO! Bout time someone figured it out..
1oK has a huge appetite for more btc exchanges sleeping on us & investors impatience have grown thin.
why 1OK shouldnt have 3-4 multipools working as a unit mining away exclusively for the entire community?
P2P360
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Come grow ur wallet with 1oK literally.
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10K + Multipool = Holy Matrimony Im excited for the 1oK experiment community they been so deserving.. P2P360
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think about the multipool droppin fresh btcs in 1oK everyday.. the multipool in place of the buyin power. It creates artificial demand but yet its channeling resources from other altcoins into 1oK market.
Win win situation, - nothg comes close to it.
1oK is a brilliant concept but with a multipool draining the life of other altcoins it could even substitue the buy pressure and let the mulitpool work for the people (investors).
this is simply a non brainer -- 1oK could be bigger.
P2P360
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Suppose I could show you guys the banner I was talking about thats a start in the right direction. as its a rather small thread not to many people on there. jus a few hundred people. As im for any new product or service that has something to offer the crypto movement. The community needs to have its own advisting budget we all benefit by putting forth the time, energy and effort. With no Multipool and no buy pressure the behavior of the market will contine uninterrupted as its been Until something changes. P2P360 I just dont understand what we waiting on... Multipool, Multipool, Multipool
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Hey guys, what exactly is involved in setting up a multipool for 10k?
If you so happen to look back and check through the thread you can find ive been advocating a multipool. Without it 1oK could be missing out on so much more by not adding it as benefit to the project. Multipool, Multipool, Multipool i could be wrong but if you remembered a few days ago IGotSpots asked the 1oK community what their thoughts were on what was coming but it was being built better than intended. The impact of a mutlipool could have on the market is enormous and a huge benefit to the investors. mining other profitable altcoins selling for bitcoin inexchange for 1oK delievered to your staking wallet. I see a big advantage for 1oK market. Every day a steady supply of btc coming in from the multipool purchasing the buy wall. maximizing profits & minimizing risk as much as possible for investors. P2P360 Put it this way IF exchanges dont wont to Add 1OK then the multipool will go mine the most Profitable Altcoin bringing in more bitcoins daily increasing market activity & volume. Win Win Situation for everyone. Edit: if a multipool isnt up by this week, i may just approach the 1oK community about financing one.
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Greetings
whats with all the name calling?
Are we not adults here?
Can we conduct ourselves accordingly?
From previous experience arguing have actually detered ppl from participiating in projects.
Usually and normally arguements are made of 2 things
1- Someone wanting to be right 2- someone making someone else to be wrong
You'll can mostly find these 2 occuring Doing any confrontation.
Remember that!
P2P360
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Now those of you with casino sigs need to get us added It helped a lot with TIX Multipool, Multipool, Multipool i could be wrong but if you remembered a few days ago IGotSpots asked the 1oK community what their thoughts were on what was coming but it was being built better than intended. The impact of a mutlipool could have on the market is enormous and a huge benefit to the investors. mining other profitable altcoins selling for bitcoin inexchange for 1oK delievered to your staking wallet. I see a big advantage for 1oK market. Every day a steady supply of btc coming in from the multipool purchasing the buy wall. maximizing profits & minimizing risk as much as possible for investors. P2P360 Put it this way IF exchanges dont wont to Add 1OK then the multipool will go mine the most Profitable Altcoin bring new btcs daily increasing market activity & volume. Win Win Situation.
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New coin launched ,500000 and 50000% staking prototype coin maybe next will be 1mln% staking done by developer with nickname Fed
LOL +1
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Help me understand something here?
I get the cashing out part, I really do.
What I'm not fully comprehending is driving the price downward cashing out for pennies on the dollar jus to end up with less.
Through observation I see some 10K investors literally racing to dump their stake for alot less each & every passing day. let me get this right, people gotta sale more 10K when price drops to end up with less in their wallet.
Opportunity is a given here and people are settling for little or next to nothing. Theres people around the world who dont have money or a chance like this. 10K may be a cash cow, I expect the milking part but some act like they wanna tip the cow over.
Financial illiteracy is ungoing and a growing issue. Rich man making poor man decisions.
P2P360
The current conditions are perfectly normal and 100% as predicted based on economic principles. Remember my earlier analogy that some people want $1 in the hand now vs another that prefers an asset of $1,000,000 and debt of $999,999. The guys selling their stake want the $1 in hand as a risk mitigating factor based on their risk appetite. There is nothing wrong with this safe approach, whereas the other approach could have huge profits or huge disaster. I think it is more a matter of if you accumulate more coins then what? If it can be used for something or if there is some plan to in future have a big base increase of holders then yes, keep it. Perhaps people are selling off their stake for a steady stream of income. Coins only have a value if there are someone willing to buy them at a certain price. Hence my argument early in the thread that there comes a point where 100,000 coins and 100,000,000 coins are worth exactly the same if there are buy orders for lets say 10,000. If you get a stake of 10,000 and there is a buy order of 10,000 then one guy will take the 10,000 and the next guy will sell his stake at the next buy order of say 9,900 and so the cycle continues. The value of number of coins times current price is artificial. It can be no other way unless there is a huge new market with fresh new buy orders. Without a plan for the future, the optimal holding is 10,000 - 30,000 coins currently imo. On the other hand should a big bomb drop with some super plan for the future that will create a large buyers base, then the persons with large holdings will laugh all the way to the bank and this is probably how they view the future. This is the only explanation because why else would they collect all those coins without a buyer for them? Thank you as i needed to be reminded at times being open to constructive criticism helps me learn from others, especially if im lacking understanding of a perticular situation. jc12345 i appreciate your knowledge and wisdom. P2P360
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Help me understand something here?
I get the cashing out part, I really do.
What I'm not fully comprehending is driving the price downward cashing out for pennies on the dollar jus to end up with less.
Through observation I see some 10K investors literally racing to dump their stake for alot less each & every passing day. let me get this right, people gotta sale more 10K when price drops to end up with less in their wallet.
Opportunity is a given here and people are settling for little or next to nothing. Theres people around the world who dont have money or a chance like this. 10K may be a cash cow, I expect the milking part but some act like they wanna tip the cow over.
Financial illiteracy is ungoing and a growing issue. Rich man making poor man decisions.
P2P360
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I would be surprised if Polo added 10k anytime soon. I think they're trying to prove a point for me to be nicer in the chatbox first lol
IGotSpots you not in good standing with Poloniex either? I thought it was cryptsy exchange you wasnt seeing eye to eye with. i wish you the best at settling the minor issues you currently have with them. With those 2 exchanges1oK adoption rate could be sped up much quicker and the project can began to grow and prosper. I appreciate you for being very active on the threads as investors find it comforting and it helps by instilling confidence in the market. P2P360
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Are you receiving passive income from your altcoin lately? 1oK may be the only crypto currency designed to pay you a premium for holding (staking securing the network) http://www.coindesk.com/bter-unable-to-repay-customers-following-alleged-exchange-heist/this is may be one of, if not the BIGGEST reason why 1oK as an Ultra fast currency could out perform most if not all decaying altcoins By its attractive desgined concept. Incentivitizing by staking in wallet & not being subject to the same exact imcompentents at the now disfunctional bter.com Why has 1oK been on the front page & Top 10 on Bittrex.com for nearly 2 weeks? Would you care to find out and what everyone is saying? P2P360
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the OLD spamming & trolling approach is not appealing nor is it as effective. Its been known to get you banned.
Instead of the old spam method how about "inquirying" about 1oK in the chatbox.. you'll be respectd more and moderator will instruct u to fill out the request form complete it if you haven't.
The idea is to ask if 1oK is open for trade but you dont see it, because you want to buy but dont want to use bittrex.
This way the chatbox starts to see how 10K is repeatedly being ask for by multiple people.
like a commercial constantly reminding you of their product.
P2P360
very good idea! Agreed. The chat boxes are far more important than most people give them credit for, but it looks shitty if I'm just in there shilling my own coins lol We like to see you in POLO Trollbox.. My coins hatch so nicely..10k is one of the best coins I ever invested in..it's so neat.. I realize dont do as others do.. lead by example. i approach Poloniex yesterday & asked about 1oK with the same method i presented above. you'll be respectd more than jus trolling the chatbox. You can get more with honey than you can with $#!+.
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