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Why is the circulating supply so low?
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Bitcoin is a highly centralised operation especially in terms of the mining of new coins - ask Roger Ver and the rest of the Bitcoin Cash team!
From a manipulation point of view we have already witnessed such things happening with Bitcoin Cash due to a huge number of coins being in the hands of a few whales. Roger Ver already pretty much admitted to this on reddit!
How are the coins fully distributed if there is an inflation rate of 5% year on year?
FYI the ICO ran for 30 days not 5 seconds lol.
Sorry mate but you clearly have no idea about how markets work and its clear that you are bitter that you missed out on this project like so many others because you did not see the potential. Don't worry man I know how you feel, I missed out on Bitcoin in 2011 as well...
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I would suggest just deleting your 'config.json' file and then reloading the wallet. |
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Lots of misunderstandings here, but join the active official Ember Discord and check #faqs and pins in #general. There are youtube tutorials, spreadsheets to calculate rewards, and plenty of helpful people to answer questions. Also, the lead dev is active in channels. https://discord.gg/uxP5cqJWhy can't the calculation of rewards be posted here? |
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Does anyone know of any coins that are similar to Embercoin?
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Ive been staking my 1,5m for 8 days now with no reward. my question is though, in my wallet it has my total spenable at 1,4m but under it where it says "stake" 0.00? my question is is it suppose to say that until I get my reward or is something up?
Apparently you need 15-20m coins to stake anything at all... |
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Going by your logic then I guess we must also conclude that every other coin which has yet to hit a market cap of circa > 50 million must also be exposed to potential collusion and market making.
There is no single coin on CMC (including bitcoin) which has not started with an initially very narrow distribution.
Furthermore, Spectre is proof of stake, which therefore incentivises Spectre investors to hold their coins for the long term which inevitably leads to long term price stability and potential uptrend thus attracting more hodlers as a result.
This is not a get rich quick pump and dump POW coin, this is a long term project that has and will continue to try to produce some of the best innovation in privacy that crypto has even seen. It's a shame that you won't be a part of it.
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80% of the distribution did not go to 6 people. This is simply not true.
The reason it was only distributed to a handful of people is simply because the ICO did not raise enough interest and therefore not enough people contributed to the ICO. As with most projects and even with Bitcoin, it's only ever a handful of people who really see the potential in an innovative project and thus very few people invest in it in the early stages of development (which is why we're not all as rich as Roger Ver lol!). As Spectre becomes more and more popular inevitably distribution will be spread more evenly and we are already seeing this happen now.
Yes the coin was a fork from SDC just as Dash is a fork of bitcoin, PIVX is a fork of Dash, Aeon is a fork of Monero etc. but it has enhancements which include but are not limited to a TOR+OBFS4 layer for network privacy which is a feature SDC did not have.
I've had posts deleted from threads by Monero admins for posting exactly the same way you have described but I wouldn't call Monero a scam because of this.
The fact that it has not dropped below 25 times the ICO price is simply because more and more people like myself are recognising the value of the project and are investing it in for the long term. Even at its current market cap it is extremely undervalued relative to other privacy coins which is probably another reason why the price of the coin is still moving upwards.
In time you will begin to see the value of this project especially as it becomes the most popular and most widely used privacy coin of choice by those living in countries which block the use of TOR just like I only really began to see the value of bitcoin in 2015 even after I had heard a lot about it in 2011...
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Given China's recent ban on ICOs do you think this will increase the price of privacy coins like Monero, Spectre, Cloak, Verge and ZCash?
Do you also think that this will give NEO a monopoly on 'approved' ICOs in China?
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Interested to see how this coin develops. Exciting times!
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Does the Byteball wallet need to be updated? I've been told that it does but the version I'm using (which is the very first one) appears to be working fine for me at the moment...
1.10.1 is the latest. Many issues resolved over the last few versions. Like backups, syncing, DB issues. I find it hard to believe you're working with the first version. could you please post the link to this version of the wallet? |
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How much longer before mining of total coin supply is complete?
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How many more days before the faucet distribution ends?
Cannot wait for this to be over!
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Is there any particular why my wallet is showing the following message?
'Warning: unknown new rules activated (versionbit 5)
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how many coins do you need to start getting staking rewards?
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