That's where they got all ducks in a row sooner. As was originally planned, it's worth noting. If your question is why they chose that strategy, then it's more speculative, but I'd say they chose to wisely start where they were closest to... geographically, in terms of experience, and most likely in terms of contacts, too.
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This coin is completely dead, the developer pulled a runner. You can do whatever you want, spend thousands getting the next block, still won't be worth a damn.
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No, the roadmap clearly states that those milestones are testnet feature deployments.
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Your incompetence isn't a "screw-over" by anybody, least of all the EXSCUDO team.
You received exactly what you were promised, not only in terms of "how much" you got, but also how much you got with respect to the overall coin circulation. The fact that a multiplier would be applied, distributing unsold coins, was very clear from day 1, and makes no difference to how much % of total supply you received.
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Sounds interesting, work hard. good luck.
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Yesterday exists exactly because when it was originally issued (as DAY) the timemints were assigned 1/10th of the minting power that was supposed to be given. long story short, compound interest's a bitch
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where exactly did you even take the 1k limit out of? i have half an idea but it isn't very savory.
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I'd say it's pretty clear we backed the wrong horse. 'tis the nature of playing in the scamcoin section. wasted a grand today, will make some another day. time to kill this thread and OP's account I'd say.
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I've only got about 1h left on the top rentals, if it doesn't work out now, not much else I can do :/
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not an X11 expert... but at current diff how much should it take for almost 1T to find a block?? O_o
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I'm spending way too much on this xD pushing about 1/2T now... if it doesn't find the block in the next 2 hours I'll be broke AND sad xD
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Get enough mining power to find the next block, then gradually lower the difficulty till target time is met. I'm throwing over 200G at it right now but it doesn't seem to be budging
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you're up to date. The network is stuck because of high diff/lack of miners.
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I'm renting some hash power for a few hours, let's see if we can get this network jump-restarted. anybody that can, should join in!
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after how many blocks are mined rewards considered mature?
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Aside from this scenario being impossible, it is interesting to note that a whole bunch of countries are simply too poor to buy all of BTC, let alone all of crypto. I'm not an economical expert and don't know if a market cap of a country is some sort of 'thermometer' of wealth. I took some numbers from indexmundi and coinmarketcap:
Market cap Russia (2015): $393.238.000.000 Current market cap crypto: $136.300.000.000 Current market cap Bitcoin: $65.100.000.000 Market cap Argentina (2015): $56.134.630.000 Market cap Serbia (2011): $4.055.580.000 Market cap Namibia (2011): $1,152,430
Your comparing apples to peanuts. The "market cap" of a country, or rather of "listed domestic companies" doesn't mean anything regarding a nation state's liquidity or ability to purchase something, be it bitcoin or anything else. "market cap" of bitcoin, otoh, is just shorthand for "current average spot price multiplied by total coins in existence", which btw is a wildly inaccurate estimate of anything. perhaps a slightly better indicator to use is M2 Money Supply indicators, which for russia is around 40 trillion rubles. that would be about 0.7 trillion dollars. Even this means very little though, as a country bent on doing something like that could fund purchases in several ways, ranging from coercion to using gold reserves. In general, BTC is still worth peanuts when compared to most countries or financial powerhouses, but a full scale acquisition would be near impossible because of the very effects it would cause.
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It would push the price of bitcoin to the point where they would fail to buy them all. As long as there is even one bit out there, it can be subdivided. It would just change the unit price of a bitcoin, and people would transact fractions of bits.
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We should be listening to these people.
Which doesn't mean that we have to agree, btw, but their opinions and even their misunderstandings can point us to exactly what we as a community need to work on to solidify Bitcoin and it's value.
It's not, for instance, untrue that the perception of value plays a massive role in Bitcoin's current valuation (otherwise the volatility would be much lower). Most of these folks seem to point at this to suggest this means Bitcoin is utterly worthless, but that's a different matter altogether.
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How much did you set as your transaction fee? sometimes excessively low fees can cause your transaction to get stuck waiting for someone to pick it up.
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millions? billion? it's a 25-34 (IIRC) long almost alphanumeric case sensitive combination, just to keep the maths simple, if you had only 10 combinations per character slot (and in reality you have plenty more), then you'd be looking at a number of combinations ending with 34 zeroes, or thereabouts. think that, but considerably larger.
plus, it's not really a big issue, as addresses are use-once, any incredibly unlikely collision wouldn't be particularly damaging.
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