hi

tokyoghetto

no need to changed the total amount, we just do not want Multipool control the everyday's coin supply.. Multipool will dump their mined coin ASAP,

We can just cut the pow phase directly, and put the left pow coin to pos phase...it's fair to everyone.

First we should not let Multipool control our everyday supply....

The coin will a higher price all cut their pow phase very early or with a low block reward.

just like Darkcoin XCcoin Vericoin  Cryptcoin and so on.....

we already have a very very fair distribution compared with other Anon coins......
you can check the richlist.
http://super.blockexplorer.cc/richlist/

hi

studentwiskunde


thanks for your Support, it's good for Supercoin's development.

hope dev can agree with this.

Dev


how about turn the left pow coin to pure pos coin?

it's better for Supercoin development.

just like XC coin， they cut the pow phase, but keep the total amount same.

let's do it dev.

Cut the pow phase directly and put the left pow coin to pos phase.
We can also keep the total amount unchanged.
Why let Multipool control everyday's supply and control our development speed?
It's just meaningless.

yes, community can discuss this together, it seems we really have a very large pos inflation rate?

100% pos rate is too big, and the price is not sustainable.....

how about we cut the pow directly, it is just meaningless to continue the pow phase?

you can also copy your wallet.dat to a new computer, you can try it again.

do not worry, if you can syn your Wallet, you will see all coins in your Wallet.

you can also use bittrex address as you address.

do you just can not syn to the supercoin network?

which system in your computer?

windows or apple mac os?

if you can not connect to supercoin network.

Here is my  supercoin.conf, it may help you.

16 connection to supercoin network and very fast to sync to supercoin network.

[/quote]

hi Supercoin Community

i am provenceday, truly, i have some amount Supercoin（i also have more than 100 posts on this thread）.  Although i try to be neutral, but still some advices from me may be very subjective. Please Don't soak up everything uncritically.

about me, i have involved with coins more than 2 years, and mining and holding more than 100 altcoins at least. Also i am running 2 biggest Multipool in China. so i just want to share some experience with Community.


1  Whether Supercoin is a good coin or not?

For me, i believe Supercoin is a good coin deserve to hold. Because Supercoin has a dedicated dev team, yes dev team is the vital to Altcoin (not for bitcoin ), if dev team abandoned a altcoin, then the altcoin may not go far. Luckily we have a dedicated team behind Supercoin. Everybody in Community know this.

Supercoin is a pow/pos separated coin with some lucky Super pos block, then everybody will want to open their Supercoin Wallet for super block which can accelerate the transfer confirmation. so supercoin has a very fast confirmation, 6 confirmation less than 2 minutes, it's super fast.
But if you also involve in XC coin Community, you will know XC has a very very slow transfer confirmation, some time it may take 1 hours to get 6 confirmation. because XC coin has a very low Pos Rate（3.33%,but good for price）and some shortcomings on their POS  mechanism.
Supercoin are also also developing Anon Wallet, and has released the alpha Version for public test. it's a big thing. if you innove in altcoin more than 1 years, you will Know Anon feature is hard to accomplished. That's the reason why darkcoin and XC coin still only have a test Anon Wallet. As i know (maybe i am wrong), only Darkcoin and XC coin and Supercoin has a Anon Wallet now(not included Cryptonote technology coin, such as bytecoin or XMR). So that's prove we really has a professional and high-level dev team.

2 Which factors influence the Altcoin price?
Truly, demand decides price in free market. but for Altcoin, mainly 2 things influence the Altcoin price.(i posted this before)
 First is coin inflation, because everyday if we have 0.3 Million supercoin, if the price hit 10K satoshi, you will need 30BTC buying support, that's ok with current circumstances, but if the price hit 100K satoshi, you will need 300BTC support everyday, so it's impossible for nowdays coin, that's the reason why Dark and XC and VRC coin has very low inflation(that's also lead they have a much higher price than Supercoin).
 Second is the Multipool, they will control everyday's coin supply, after they mined this coin, they will dump it soon for profit. and because i am running the 2 biggest Multipool in China,（more than 100G scrypt and X11 hash rate） i know exactly how Multipool works, everyminus Multipool will detect the all coin listed on all exchange platform(if they have a open api), then based the advanced profit Algorithm, they will decide to mine which coin, then they will mine it and dump it ASAP for bitcoins, because they must pay miner bitcoin everyday. otherwise miner will leave, also if miner can not get more profit than mining LTC, miner will also leave, because they can mine LTC instead. From my observe, at the recent 3 days, mining Supercoin is the most profitable thing, it have at least 50% premium than just mining LTC coin. so why not mining Supercoin and then dump it ASAP? it's really a good business for profit！but it's a disaster for Supercoin price.

3 Why same concept Anon coin has much higher price than Supercoin?

Dark price is 0.017BTC （4,387,505 DRK）
XC price is 0.0015BTC (5,512,780 XC)
Vericoin Price is 0.00011BTC (26,768,365 VRC)
Supercoin price is 0.00002995BTC (11,811,810 SUPER)

i do not want to say more, from these statistics, you can make your decision.

4 Price prior or Development affairs prior?
Guys, we are not at 2011,which we has less than 10 Altcoins, we are in 2014,, we have more than 333 Altcoins on coinmarketcap. even bitcoin, if the price keep dropping, most of people will leave. Further more, if the price is higher, then we maybe stable later, we will draw more resource for long term development, it’s a really good thing. that's why dark and XC can not be defeatd easily. Nowdays, innovations need more resource Support.

5 What does mining means for Altcoin?
Now we have the POS algorithm, even without mining, the network is secure. mining is just a way for coin distribution and not very environmentally friendly,do you know how many electricity been wasted by mining bitcoin? Bitcoin Mining Uses $15 Million's Worth Of Electricity Every ...i do believe if satoshi has a better way to distribute bitcoin, he will not choose mining method.

6 what does Multipool does everyday?
i am running some Multipool, i know it. Multipool is vampire. they will bleed white everycoin's profit until they turn to mining LTC again.

7 Should we reduce the block reward more quickly?

i have proposed 2 times to reduce the block reward.
First time, i post this

But it seems dev are more mild on reduce block, i am more radical. Dev decide to reduce block more quickly, but choose to halves every 10day, at first the halve is every 45 days. After this Announcement, the price rise from 1k satoshi to 4ksatoshi.

Second time i posted this 2days ago:



But dev are too busy to test the Anon Wallet, so they do not take further action on this.

8 is it unfair to reduce blockreward again? or any risk?

even you are a miner mining Supercoin now, it‘s unfair for you, because you can not get many Supercoins with Multipool control the more than 80% everyday's coin supply, also Multipool keep dumping, the price will go lower and lower, you mining Supercoin may can not afford your mining cost now. is that fair for you?
if you are a Supercoin investor, it is truly unfair for your investment, because Multipool take the most part profit on all Altcoins. you investment wroth less everyday. it's unfair.
if you want to join Supercoin Community, it’s unfair for you to buy a coin and that coin price goes lower later.

risk: if we can handle this correctly, it may not take risk on Supercoin development, because many Altcoin update their source code several times, such as Darkcoin and XC coin.

9 Further development plan advice?

0 decentralized Anon system and trustless mixer
1 more application on Supercoin
2 Mobil basd payment system
3 Merchant adoption
4 media report
5 grow Community
6 keep adding new function on Supercoin
7 charity Fund

Thanks.

+1

do you pay super or btc?

Bittrex do not share with user the pos coin.
so we should better have a low pos rate and keep the super pos block?

That's good advice, which help us  at a very low inflation and it's good for price sustainable and will get  Support from community, otherwise i do think most of the pos coin were shared by some exchange platform.

it seems bittrex has more than 3 million coin on their exchange platform, then they get the most pos coin........bad for supercoin long term development.

i mined at here：

http://super.pool.mn/

Price will go up, and then Multipool will begin control coin again.

i run Multipool, so i know exactly how Multipool works.

personally, i do think we need to cut off the pow or reduce to a small blockreward directly,just like XCcoin or darkcoin.
no need to suffer Multipool anymore.