I'm good with a NXT clone with a different kind of distribution. Read suggestions of a PoW then changing into PoS. Thanks.  I know only 2 pure POS coins now. BC and NXT. For me we have winner BC winner this round. 1st coin who switched to pure POS after POW BC is like BTC with POS system inside. -0,000% premine -PURE POS after minig not POW/POS like PPC/Nova/Mint/Zeit/BCX.... //BTW Mint have POS 99,99% distribution but technically is still hybrid POW/POS -10 days of mining but now when i look at that GPU farms +200Mhs... on pools and ASICs - i am even happy that BC was mined in just 10 days. -Minus for BC is that because of no premine community have to donate to move forward NXT: BIG PLUS development + BIG Minus distribution NXT was distributed to 72 people at beginning... with such market share Developers of NXT can allow them selves to full time working on NXT. And pay themselves from fees. BIG Minus 1 NXT fee... i real life if 1 NXT cost 20$ what you can buy with NXT ?... when fee is fixed at 1NXT... In future mayby : NEM - new alt fair shares 5%-10% for Devs rest for 3000+ IPOs... IPO are taking most risk now. there was NXT clone with fair shares for all including Devs, i don't remember name of that coin. |
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My advice for the faint of heart is to make an investment than when you get an ok profite sell out for you investment and keep the rest in bc that way no matter what happens you will not have to panic.
my advice is don't invest in things which can't deliver. no payouts from lastnight's multipool isn't good. I'm still happy that Radio tried his best, but it's not looking good that there was 50+ BTC worth of hashing going on that isn't going to ever see a payout to anyone, no matter what the issue is, it's not good. nah, there is not way there was 50 btc within 10 hours. I'm guessing no more then 10 if that. With the pool being so unstable I bet a lot of people were waiting for it to stabilize before joining. I know I was. It's a big pain in the but to switch over my rigs. And guess what, my rigs produced some steady BTC that I bought BC with. What coin are you mining at the moment? I was doing POT for BC but it was 2:1 at the time ha. look around and avoid coinwarz coins  i need new research  . Last time 100k Flt in one day was shot in 10 ; ) 2 weeks later 0.6 BTC for one day patience is key. Try find coins without exchange and with potential. |
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has anyone had a payout from yesterdays multipool yet?
http://www.blackcoin.co/statement/regarding-payouts-bcmultipool-com/that'll be a no However, I dont believe Radiostatic has done anything wrong. Still stuff to work out it seems and as such the pool wasnt working properly. Now the Legion Dev grp are on it maybe we will see results. Looking good though, theres a future here Have to say this pool was pretty disappointing in almost every regard. Good thing he was kicked to the curb and pro's have been brought in. Who the fuck drops 5-10 gh on netcoin? Of course it forked. Only 2 coins can handle that kind of instant hash power, Doge and LTC. Sure they are not the "most profitable" but at least you will get paid. agree ,you right That can be resolved just split hash-rate ^^. It will require some work... But that can be done IMO. That situation with forks is fun and not fun... Fun because for someone we for real remove shit coins with forking them. Not fun because some of those coins are not real shit eg... Anoncoin low hash but unique coin. |
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Dogecoin have something that touch hearts ^^ ..
You can lought from Doge meme but this is marketing hit...
Soon with 5% inflation and BIG market it can be easier to use hold Doge than LTC...
Even tha stupid inflation of BTC and DOge will matter in future but you wont see that today when Doge have HIGH inflation.
Process will take year or two to establish price lvls.
I respect LTC but only for Doge ASICs are win high ash power with low cost that is something that Doge needed...
LTC with so high inflation when wil hit top profit of scypt coins will go down like other script coins.
High diff and roi of ASICs will couse headake LTC miners too soon like it is with BTC miners...
In logn run LOW new points of dystrybution of LTC few datacenters like with BTC with centralize minig in same time
Doge will have 95% coins mined out and that 5% year is in real tip to maintenance network...
That makes Doge ASICs proof it was mined without ASICs mostly...
We will see diffrenece when doge will hit lat halfing ^^ and year later.
this makes no sense. Let make it in short: Doge: fast distribution 1 year - 5% inflation after LTC: long distribution but much higher inflation this year 30% __________________________________________ LTC ASICs = centralized mining in one year just look at cex.io and their 40% hash rate soone or later it will be same with LTC.... ( 65% - of new coins in such distribution ) Doge ASICs will help keep high hash power (last about 10%-15% will be mined in such way and centralized mining) __________________________________________ Doge even in 3 months enormous market. LTC allso big market even bigger but coin is much older that Doge. ___________________________________________ Community: Doge - creative, can donate (eg. Jamayka team) and other stuff. helpfull , but also many kids LTC - Miners, some bag holders, good Dev team, dedicated haters - this is one of most trolling community ever ( they flame other alts but they cannot stans that LTC is BTC clone in same time ) ____________________________________________ Development: Doge - those guys fast made tip bots, online wallets, light wallets, but many copied from LTC too. LTC - hmm they aren't so creative active but Devs are more than GOOD ____________________________________________ Speed: Doge 1min LTC 2.5mn _____________________________________________ Winner for me is Doge. But LTC have some strong pints like market position and Devs. Biggest Doge + is community and creative people... Eg. some RobinHood wanted give away on reddit 14m Doges to people and he gave... i just can't imagine such situation with LTC sry. |
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I allso belive that not all will cash out at once ^^ but who knows. Well, when people see the price dropping because the dump they will panic and join in. Only stupid people. Why would that be stupid? They will be about to lose all of their money. That's just how they try to save some of it before they lose all of it in the dump. rational behavior I invest in long therm i didn't touched my balance... In one year or 2 i will decide what is going on... How community is dealing with problems. You are looking just for opportunity to quick $... There is a big difference with market behavior between us. In long run noone can predict future me or you. With quick buying selling you can win 2x in row and lost all 3rd day because some whale will beat you and left you with useless coins. There always will be someone smarter bigger than you or me. That is why i stopped trying daily trading selling with panic buying on hype... Emotions are worst companions. Investing in BC is more like investing in community and with people with who you want build coin position that only can brings you true profit in future. |
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All the being online then down seems to be a very complex pump&dump method and/or a very good way for some investors to get out. Just look at the before and after prices in regards to the multipool comming online. And for the miners I would suggest you do the math, I doubt you earned as much as in a regular multipool that payes out in btc. It's all selling the dream and a selecting few cashing in on it! Remember: In crypto, not everyone will win! Ok then when all With LTC or BTC... or whatever crypto you will chose to full cash out  i assure you price will be 0 for all coins. All Biggest bank will fall if all want cash out at once even. So why people are buying BTC,LTC... i guess same reason is with BC. For me BC is store of value i just buy in deepths and i don't affraid dumping miners for quik $ and willing get new ASICs ring or pay off old. : ). I allso belive that not all will cash out at once ^^ but who knows. |
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Nxt fee kicks in ass...
I can buy something eg with POS BC when it cost hmm 1BC-1000$ and pay 0.1$ fee or skip it and don't even pay...
SAme costs with NXT 2000$... when 1NXT is 1000$...
When you lower fee you will kick in ass small holders big have many NXT to sell and they will have much more from fees...
Lowering fees will change primmary rule for NXT i cannot tell this is good or bad...
For sure more profit from that will have bigger players.
I am looking forward what NEM will bring there will be other distribution system from beginning.
Dystibution of 100% coin in hands only 72 people was mistake imo for NXT...
Now NEX is paying price ...
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Selection principles: technical innovations, what makes a coin different from others, community support, network size, market share, trading volume. First tier:1) Bitcoin - 50-55%2) NXT - 20-25%, because first 100% Proof-of-Stake, many cool features already now and in the future. Second tier:I had to choose only one Scrypt coin out of dozens. After all, they all don't bring any more innovations, the only innovation is the hashing function. I had to choose between Litecoin and Dogecoin. In this topic I outline in a few posts why Dogecoin beats Litecoin. 3) Dogecoin - 15-20%Third tier:4) XCP - 1-2% - decentralized exchange 5) Protoshares/Bitshares - 1-2% - potentially decentralized exchange, etc. 6) Securecoin - 1-2% - super secure, not quick-mined compared to Quark 7) Myriadcoin - 1-2% - potentially largest network of all coins, since 5 independent algos, and potentially more resistance to 51% attack/selfish mining, but this needs clarification from experts. Please add to my list based on what makes your coin of choice valuable. Please do NOT add any Scrypt coins. Only 1 Scrypt coin can qualify, and that position is already filled. It can be Litecoin in your case, I don't care, just don't add more Scrypt coins, as that would make Second Tier options unnecessarily redundant. Try to stick to the selection principles I posted. I will swap NXT with NEM and POI... with next most all coins goes to biggest stakeholders in NEM for more important to network read POS miners... When NXT price will hit 1000$ you will buy 1NXT for 1000$ tx fee ?... this is biggest weakens of NXT... NXT fee model is retarded for me guys. Same time you can transfer 1000$ iin BTC for few 0.01$.... See difference and potential ? |
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Dogecoin have something that touch hearts ^^ ..
You can lought from Doge meme but this is marketing hit...
Soon with 5% inflation and BIG market it can be easier to use hold Doge than LTC...
Even tha stupid inflation of BTC and DOge will matter in future but you wont see that today when Doge have HIGH inflation.
Process will take year or two to establish price lvls.
I respect LTC but only for Doge ASICs are win high ash power with low cost that is something that Doge needed...
LTC with so high inflation when wil hit top profit of scypt coins will go down like other script coins.
High diff and roi of ASICs will couse headake LTC miners too soon like it is with BTC miners...
In logn run LOW new points of dystrybution of LTC few datacenters like with BTC with centralize minig in same time
Doge will have 95% coins mined out and that 5% year is in real tip to maintenance network...
That makes Doge ASICs proof it was mined without ASICs mostly...
We will see diffrenece when doge will hit lat halfing ^^ and year later.
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find a way to buy one...
$9000 dollars who would buy at that price. KnCMiner, one of the few cryotcurrency miner companies that tend to ship product, has announced that they sold $2 million worth of their scrypt mining Titan rigs in four hours, a new record for the company. Look at ROI soon ... when it arrive and now on coin warz LTC is almost on top no shielded by shitcopies. Revolution is comming when all ASICs will mine LTC for $ and when it have 30% inflation this year dear god do yo know how much money it will cost to keep their price ? |
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I am not buying this PoS concept. For one reason, human society does not favor socialism in the past. If you can get paid without effort, then nobody will end up working.
POS isn't totally without effort. Well, for miners at least. Zeit is a POW/POS coin that I have spent a lot of resources (effort) mining in the POW phase in order to build up a supply in my wallet to generate more coins in the upcoming POS phase. here is my thinking. because cryptos have so many 0s after decimal point, so the number of coins does not matter. 42 coins = 42m coins = 42b coins. it is not like USD has to be at least 1 penny, YEN has to be at least 1YEN. 1 coin in 42m = 100 satoshi in 42. you can always divide into the exact amount you want to spend. now, for POS coin, the initial distribution is 100m. Everyone turn on the computer and wait for the interest payment. 1 year later, the total pool is 200m. what is the difference? 1 year ago, you have 1 coin in 100m, now, you have 2 coin in 200m. Is it not the same? the POS theory, is like buy apl stock at $1000, if it split 1000 times, everyone will have $1000x1000 = $1 million. no! you still have 1000. that is how much this company is worth. Not exact.y they is something like supply / demand if you create demand eg servise only with payed with one coins eg BC... POS system have such + that inflation goes directly to your pocket. In coparison imagine that you are central bank you produce money. With POW is more like today goverment/miners produce inflation those who keep money are losing them simple. Problem with POS is only one expand user base make it popular. Big - is that you have to be very creative to attract new people in ,while POW do it just by higher prices of coin then miners go to coin and promote it mine it sell it like it was with LTC price road up... But expensive ASICs soon will kill LTC popularity ;( no real advantage over BTC. Aiscs will kill most of script coins vaule but time will come to LTC to ^^. If you don't want POS with failing in value just chose Cash or BC... with low inflation not HBN +100%... Or even quark(Zet soon) this coin is almost POS since is mined in 98%... |
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You guys are freaking out for nothing. This is a good thing! Scrypt ASICs will destroy 99% of all the shit coins that exist today. LTC will survive along with a select few, but everything else is dead meat. The surviving scrypt coins' difficulties will skyrocket, and ASICs will fall to the same profitability levels as GPUs. GPUs will move on to different more profitable algos, simple as that.
There is only one winner here and that is the Scrypt ASIC manufacturers like gridseed and KNC. Eg try find me BTC miner which with deal woth ROI ? now... same will be with LTC soon many companies entered that market. With such ASIC on scrypt all alrguments that LTC > BTC are pointless in principals... LTC was win becouse it was ASICs free. Without anty ASICs argument LTC scrypt coins will share fate of coins like ZET,ASCI coins without userbase and big attention. With such ASICs there is no difrence between LTC and BTC... seriously ah 4x more coins... and lower block time... But that is all... |
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Wish I could have bought @ under 3000, but there were too few sell offers.
About when will multipool be up?
probably Friday or over the weekend .. we don't know for sure You allways can join blade87 p2p pool i think he made something that pay in BC for those who want join him in minig DOGE. Since is down all can just use eg. other multipool and buy BC manual if they are interested. |
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I woke up this morning and had to laugh at the panic.
@panic sellers: the multipool is not a unique item like a Faberge egg, it is a concept that cannot die with one person.
but even with that bcmooltipool is live but it changed pool operator... to another dev who o need bit time to setup it day week i knew that start would be hard ^^ it hurts only whales and quick $ investrors = WIN for BC |
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Generally nothing changed but new people who want to join on low ^^ now they could buy on lower prices. Some guys who just want manipulate market and get quick $ and whales for quick jump those are mostly hurted... Those folks like lme who just hold and will hold for long run there is nothing changed at all... Personally i think better for coin will be get some dedicated pool operator than Radiostatic who don't have enough time to run that pool : ). but he always can help with work new admin don't see bigger problem in long run. |
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Everyone stay calm Multipool is still up, Soepkip is sorting everything out Mooltipool is working... and will be working. Some issues with Radiostatic will be fixed someone will help him run pool develop it all will return to norm. I think we don't need real panic. |
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I think wallets collect fees ?
Yes if you be lucky and mine block you get all fees from transactions |
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I don't understand what you guys are talking about. Thinking price will fall and this rise is a pump. I saw that pool do 200 GH/s at some point. And it's not fully operational. Even if it's 50 GH/s, it means 250BTC per day at least. There is no sell wall to hold it off. BC will go to the roof and then some.
Number are floating 5-30Ghs now i see 13Ghs ^^. Let it stabilize |
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Is it a good time to get into BC now?
3 days ago (at 1500) i asked myself a similar question: should i get back to bc? Today the price is 4000. Think about it. Thanks, I have been in before in the mining period and a week after the POS started, needed the funds for another project so I sold. However just have some funds released ... I really don't feel like investing them into mining right now, since there is really not any good investement to be made right now (perhaps ever? "mining is dead"). So, BC could be a option for med-long term. For me personally all script coins made me loss... all... Doge...Anon...Dark.... :/...Even LTC went down.... BC have room at least to be higher and stable no mineable. At the end of story when all others alt will be ginished then LTC/BTC still wil be mineable. And look at that toy soon rip GPU mining on script. https://www.kncminer.com/products/titan |
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uh oh..... approaching the 10 BTC buy wall on mintpal at 4000 Satoshi. Wonder what the price will end up doing  not sure but I want to know what happens next, this is the kinda thing that shows what a coin is made of. If it makes it through that wall and whoever has it up doesn't tear it down we might see a new price floor come out of it. The only interesting thing is where it will settle past 4000. looks like most of the wall disappeared. Lame... I wanted to see it meet the wrecking ball of buyers that was heading towards it. price is going insane plus the "whales" on twitter are talking about us again, after they had the fit about how we said we did not need them. Exactly f.ck whales... We have own miner whale |
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