Probably not going to matter. By the time we hit a pos block, I am hoping my coins mature, since it may take another 12 hours, lol, I might be in the game.
P.S. All I can say is DEV will probably stake first, and he better not sell any coins or it will end the market and coin. Don't be GREEDY, let other people stake.
How can you say that? This is cryptoland where everyone is out for his own interest and **** the rest. Or am I wrong? |
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What does this coin do?
Did the devs of this coin make toshidesk?
As a start yes. |
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It looks like the blockexplorer is back up.
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Why did you guys want to split at all?
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This coin has been fraught problems due to the low coin total and the dev has kept working through them. 99% of these scam dev's would have dumped at first chance on yobit and bailed on coin(I was half expecting this). But he hasn't, hes faced it head on taking community input and answering all question layed out. All those 0 blocks the dev has mined has made his 10 coins paid for now, and should not be considered pre-mined anymore. And he deserves our utmost respect. Calling him scam and greedy at this point is nonsense. GREAT AMAZING job Dev, keep up the dedication and hard work  No one said the dev is a scam and I agree that he has done a good job to navigate through the issues so far. |
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Why price so high already?
Price follows dev action, innovation and commitment. |
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Is the dev still around? He posted 2 days ago. Block explorer also down on my side as well as initial node 52.24.99.63.
Block explorer was still working an hour or 2 ago.. If dev is still around, idk. But, he goes 2-3 days without saying anything and has in the past and has came back Ok then, but the dev needs to learn what his responsibilities are if he wants to keep fud at bay. He's only been gone a little more than a day.. His responsibilites are to develope, not login to his ALT account everyday just to say he's here For established coins yes. For a new coin that has just launched and got listed on an exchange he needs to be around. He needs to be around to do things like check why the BE is down, fix OP errors and answer questions about the coin etc. Sorry, but that is what is required for a new coin otherwise people will start to ask questions like above and start fearing that a dev bailed. |
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Is the dev still around? He posted 2 days ago. Block explorer also down on my side as well as initial node 52.24.99.63.
Block explorer was still working an hour or 2 ago.. If dev is still around, idk. But, he goes 2-3 days without saying anything and has in the past and has came back Ok then, but the dev needs to learn what his responsibilities are if he wants to keep fud at bay. |
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Is the dev still around? He posted 2 days ago. Block explorer also down on my side as well as initial node 52.24.99.63.
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Come on, only 400 blocks and the scam begins
It will be a full speed run down a slippery slide - some will fall, some will be lucky, some will smile and some will cry, but should be interesting to watch. This coin is a scam because the wallet with high balance of Greed not Stake. I think almost all the coins of DPos end up in the pockets of the Dev and will be able to manipulate the market as it wants. The Dev is very very Greed !!! I would not necessarily say it is a scam, just not properly thought through regarding economic principles. You got to hand it to the dev though that Greed has some interesting specs in the beginning up to end of dpos which should provide interesting data. After dpos it will be a coin with 40m distribution earning 10% POS per annum. It then becomes a matter of dev commitment to produce something with the coin. It does not really matter if the dev has many coins in this case. |
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Come on, only 400 blocks and the scam begins
It will be a full speed run down a slippery slope - some will fall, some will be lucky, some will smile and some will cry, but should be interesting to watch. |
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After looking at this coin it seems that whoever finds the first large POS block and gets it to the exchnge first will crash the market and take out all the buys. The money supply will then race up to 40m at a very fast speed and the coin price will follow suit inversely to the money supply growth and stabilize around 400-700 sats, maybe higher if the dev has proper roadmap and plans.
I think you are wrong, the first lot of POS blocks is only 1 million here extraction of OP and when big pos blocks will be: ❚█❚Market Accumulation Phase❚█❚ Block 2091 to 10999 1% Yearly ❚█❚Round 1❚█❚ Block 11000 to 11200 5,000 GREED (+1,000,000 total) Block 11201 to 11999 1% Yearly ❚█❚Round 2❚█❚ Block 12000 to 12200 10,000 GREED +2,000,000 total I dont think that I am wrong. Did you notice that the buy orders on Yobit over 500 sats is around 4 coins? What do you think will happen when the first 5000 block is found with POS? It will be placed on the market and not at anything close to 0.01 or higher. There will have to be a huge demand for the coins to buy those 5000 POS blocks coming in. 95%+ of people are in this for quick profit so the trick will be of how to unload the high POS blocks as quickly as possible at maximum profit. Since most people have the same objective the inevitable outcome will be greatly accelerated. People will place their 5000 blocks below each other and roll the price down. Best strategy with this one if you want to own it is to put your buy orders low in the suggested range. Those that buy outside the range will be losing their money to those that sell quickly. In addition, any holdings in excess of around 500k in the end will be worthless as there will not be a market for it - this is a difficult concept to grasp but if you do then good. An analysis of round 1 of the high POS rewards indicate 200 blocks of 5000 each. Lets assume there are 125 holders with 1 coin each and that everyone stakes. This means that there is 1 stake each and some will get 2 stakes. In reality it does not work like this though and several people will not get any stake and several will get more than one. However, as soon as the first of the 5000 blocks mature for staking, the large blocks will overpower the 125 initial coins and time to mature will increase almost to infinity for those. It becomes a gamble of if any stakes will be received or not and those that do not get stakes will have to buy coins on the market to stake. Here is an analysis of the moneysupply growth. It shoots up from 125 to 40M in 10500 blocks or 7.29 days. I project its trading band in the region of 200-700 sats providing that coin management is legit and committed. It can go higher with proper roadmaps and plans and commitment over time or lower if the dev should bail. The time to get to that range will depend on the investor mix. If most investors have a long term objective it will take longer but if most investors have a short term quick profit objective it will get there quickly. My gut tells me the second option is true. Compare this to a tug of war competition will all the contestants pulling on the same side and no-one on the other side.  |
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After looking at this coin it seems that whoever finds the first large POS block and gets it to the exchnge first will crash the market and take out all the buys. The money supply will then race up to 40m at a very fast speed and the coin price will follow suit inversely to the money supply growth and stabilize around 400-700 sats, maybe higher if the dev has proper roadmap and plans.
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I dont really get, may someone could clarify me... you can trade MTR at bittrex and c-cex, most of the time for roughly 35kSat with some one day pumps and now you want to sell 400k for 120kSats/Coin. Why?
No fud no nothing, just a question to understand such a move...
Sometimes it does not really matter how much you pay for a coin but rather to get the coin for its earnings potential. MTR is rare and it is not everyday that a large amount gets on the market. The unsold will be withdrawn again as far as I understand. People that buy for 120k will be less likely to dump at lower prices and depending how much is sold will potential form a new floor just like what happened with the 31k first phase distributions. You have to think long term and far ahead with this one. Thank you for your explanation.. I ve forgotten to think longterm in the altcoinscene.. Yes long term is almost non-existent but there are here and there a coin that is working on something that could have a lasting impact. |
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I dont really get, may someone could clarify me... you can trade MTR at bittrex and c-cex, most of the time for roughly 35kSat with some one day pumps and now you want to sell 400k for 120kSats/Coin. Why?
No fud no nothing, just a question to understand such a move...
Sometimes it does not really matter how much you pay for a coin (within reason of course) but rather to get the coin for its earnings potential. MTR is rare and it is not everyday that a large amount gets on the market. The unsold will be withdrawn again as far as I understand. People that buy for 120k will be less likely to dump at lower prices and depending how much is sold will potential form a new floor just like what happened with the 31k first phase distributions. You have to think long term and far ahead with this one. |
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What is the issue with the chain?
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At the moment, we need a few more people to dust off their USB sticks and volunteer to mine this for free. Right now, I am the only person keeping the blockchain moving. This is really unhealthy. I could get upset and just unplug my USB miner, and the network would slow down to a crawl. Also, my computer could go down or my USB stick could blow a capacitor. ATM, I could launch a 51% attack if I knew how...
I'm a good guy and promise not to do anything nasty. But this is cryptoworld. Can you really trust me that much?
Someone in cryptoland giving a **** about anyone else but himself? Someone that would do anything for free, anything that does not look like instant profit? Really? Dream on - people are driven by greed. |
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anyone whanna trade for some purplecoin or epayercoin?
Are those coins running still? |
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I have updated the bootstrap.dat file to block 38558. The bootstrap.dat file contains the blockchain up to a certain block and can be used to significantly speed up the blockchain sync of a new wallet install by importing the blocks from the file instead of other peers. Copy the bootstrap.dat file to the same folder where your wallet.dat is and open the client. The file works on both Linux and Windows. Here are the links. Please verify the checksums first to make sure that the file downloaded ok. Link to bootstrap.dat (native file) (16MB) Link to bootstrap.dat (.tar.gz) (7MB) Link to checksums.txt |
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