Proof of Stake PoS coins generally involve a short PoW stage and the promise of ever-lasting security. This all sounds good, but this short mining period means future investors or people just looking to mess around with cryptos will have to go through the complex process of exchanging fiat (USD, Euro, etc) to BTC and then BTC to "Coin". The short mining period and inflation is analogous to a ponzi scheme. Only early adopters will have the opportunity to make "Coin" and the more coins you have, the more you'll make through interest, sounds pretty unfair to me. On top of this major flaw, PoS coins encourage you to hold if you wish to make more, this promotes a case of hoarders. Anyway, PoW doesn't waste electricity, you're making money
and fighting the flaws of fiat. Yea compare to POW to POS and telling that you are not wasting energy... Im mnig eg. BC and it eat me same amount energy i can mine on 50W laptop and do usual things like watching you tube movie.... while my 3,5Mhs ring script ring eat 1,5khW... http://www.youtube.com/watch?v=8kyIDRPMshslook at that 25Mhs farm 10kwh wastn't wasted all time, sure Bullshit... I mine because like others want to be rich some day. NXT,NXT,Mint just wallet open and you mine u don't block machine. lests deal with next... points second "Only early adopters will have the opportunity to
make "Coin" and the more coins you have, the more you'll make through interest, sounds pretty unfair to me. " Damm do you know that early adopters need to invest more to POS coin to be successful and someone want it to buy it... ? 1st BTC adopter bought pizza for 1000BTC should i tell that early adopters weren't promoted over today miners ? Difrend rewards won't make such difference . Same with POS coin they owner taking risk... seriously i don't see difference in promoting early adopters here... If only that guy with 10000 BTC was't hungry he would be rich now. And POW coins have a problem with inflation you flow market with coins market can't eat them all and they are mostly being worthless over time just look charts of POW coins new alts how they fall all the time and while NXT keep price Are you curious how? And one more POW coins also have hype scheme like Doge 1st adopter mined millions at beginig... Next point ASICs. http://www.eyeboot.comCurrent script prices are 2,500$ for about 5Mhs...(just look here on hardware forum) Those USB miners this is just 1st gen. I will remind that: 1 gen sha256 Asics was 333Mhs erupters 2 ger sha256 Asics 5,3 Ghs (5 months later) .... And now we have just big data centers mining BTC, whole idea of decentralization is starting to collapse... |
|
|
|
BC will be bought when Aur gets the Airdrop in a few days
how do you know? Anyway Aur is now dumped massively... Who knows the future of BC, anyway the patience is the key. if interest rate will be higher i def will buy some more You don't understand point of low inflation. Other coins have HIGH inflation LTC now 20%... BTC 20%...Mint 20%...Zeit 25%...BTC 10% so.. and.... BC 1% by inflation i mean new coins on market. Which coins do you think will go up in long run aganist BC if bc will grow a bit over time? Do you relize that LTC,Mint,Zeit,Doge need a lot of BTC to maintain high price while BC need 1% in YEAR !!!! LTC,Mint,Zeit,Doge flood market all time because you have those coin in POW and you need a lot of BTC to keep high price. In same time you need onle few BTC or lets count 1% of 75m = 7,5M/year then --> 7,5m/365 = 20 000 NEW BC/day current price 0,2 BTC/DAYOk lets go to LTC 50*2,5m*24*24= 72000 new LTC/day 72000*0,025 = 1800 BTC day to keep priceDoge 0.0000 0160*250 000* 60*24 = 576 BTC Day Do you see point in low inflation ? And why BC is win in long run even without HIGH amounts of BTC investors ? We just don't need them so much that is the best part. We can buy cheap new BC 0,2 day prety easy if you look for high inters go HBN like OP wrote. BC is for long run not for daily high income. We need now ONLY 0.2 BTC/Day to eat new BC. |
|
|
|
If you buy the sell orders now of the whale, the whale is selling at a loss!
Let's do a community effort to eat all the sell walls till 1k satoshi!
People are afraid, because Mint dropped and many other alts dropped. I think there are couple others, who moves to AUR, but I predict, that this currency won't last so high for long. Unobtanium, Vertcoin story was the same. Actually I would like to see Blackcoin @ 0.05-0.1USD. I think it's reachable. Mint is in minig phase all time. and what i have found look at that shit: "The developer of the coin mentioned here https://bitcointalk.org/index.php?topic=450381.msg5449543#msg5449543 that he will add a MINT/USD exchange, when the c ommunity contributes 5 million MINT. But wait? Doesn’t he own a 700 million premine? Isn’t the premine considered to be for exactly these kind of things. If you consider PoS, he could have minted 5 million in no time. This is just a guess, but as the dev refuses to tell us about the whereabouts of the premine, I wasn’t surprised, if he has already sold off all his coins during the pump."So dev of MINT failed he cashed out his founds lol what a scam... That is why i will stick with BC (i have few mint but f. that shit)... BC is in our hands... Price will go up sooner or later. |
|
|
|
Auroracoin has increased from nothing to second spot in terms of mineable coin marketcap within 36 hours, overtaking litecoin in the process. People are dumping altcoins to get on board the auroracoin freight train.
+1 It is a real slaughter, almost all coins sinked very hard I'm seriously disapointed by the PoW concept, people will just massively sell in a very short time and totally crash a coin just to get in the lastest bubble like AUR currently. I'm beginning to think it is better to own a PoS coin where big holders won't dump their coins mindlessly like that bubble seeking crowd. +1 All just becouse many of miners join only for makxymize $ income new script ASICs have to retun in short they are cashing out. There are also mooltipools who use autosell they are killing most profitable coins and new ASIC farms those guys need fast return you see what is going on LTC price ? Are you suprised ? Me not that was obvious that ASICs will rape LTC price. There is more sence only in POS coins like NXT,BC,Cash,Mint... And you are free from dumping miners and raping multipools. hope is also with low inflation coins like DOGE in few months it will be only 5% per year... while LTC and others will stay above 10%+ year for a while. |
|
|
|
Not sure if you have heard of Photon Coin (PHO). I have a feeling its gonna sky-rocket soon, once they announce merge-mining with Blakecoin, which is first of a kind in crypto world. The best part - cards are even 5 degree cooler than Sha-3 on Blake-256  Intersting - BTW DRK eat 75% less power than scrypt coins. And cards are more cooler even i compare it to Blacke-256. I think i will look at this project. |
|
|
|
NXT without a doubt. People will forget MINT very soon, what's so special about it by the way? From the other hand NXT is real revolution, and loads of features coming soon like Assets Exchanges, Messages, Aliases and many more.
We will se sometimes to many features is not good. In real life such thigs have trend to broke. Look at cars the best in long run are thse who are simpliest easy to fix if somethings happened. More features can couse bugs and all we know eg. Windows how much is /was bugs they relase SP all time are relased all time and they are finding new one also. Sometimes i dont belive that 10 full time programers will ever release "coins" with perfect code. More features more bugs. Look at Mtgox they wanted do something with mobile apps and their allmost die because of that. NEW features are extremely dangerous note that just look at Mtgox one bug in program and such mess fpr all crypto. Do you belive that NXT will be bug free  muahaha it will never happened it is matter of time only ! |
|
|
|
Which, in your opinion, is the most profitable coin for mining at the moment? I know there are charts around, but the real world result needed...
But dont try low hash rate curecies multipools will rape them. ANd you won't even have chance to win with their auto sell. |
|
|
|
Mintcoin crashed to half it's value today. Mazacoin went up 500% today, then crashed down to half of that and is still falling. Anyone investing this morning has a smile tonight I'm sure. Aurora does indeed look promising, but it's very hard to say whether it's rise will last.
Mintcoin is still overpriced I believe, Blackcoin seems to be more promising because the mining is almost over, and they have waaaaaaaaaaaaay less coins, so I purchased it instead and waiting when it will hit bigger exchanges and PoW phase will be over. When I checked Maza price in the morning, that was a huge facepalm))) I've already installed wallet few days ago, and was considering to buy some yesterday, but did not want to mess with this awfull website... Damn, but if I knew the reward))) Aurora will be down soon IMO, the market cap is a joke - in fact nobody purchased 50% premine and there are not so much coins in circulation yet, so real market cap of let's say Dogecoin seems to be much much more. Also, seems that most buyers suppose that this coin was endorsed by Iceland government, that is very far from truth. This coin can be a hit, but due to all this misunderstandings, the risks are huge as well Darkcoin seems to be great investment at the moment, the Darksend is already alpha testing and will be released to public this weekend as far as I know, so the price will skyrocket. Also, unlike most of other coins, this one has something special, not only hype - there allways will be demand for anonymous transactions. Huntercoin seems to be another hit, it's almost listed at Cryptsy, deposits page exists but is hidden yet. Improved client is coming, and the idea of combining multiplayer game with coin is fantastic, so I believe HUC has a bright future. Also, NXT price was dropped a bit, so I purchased more of it. Assets Exchange is almost ready, and I believe that price will grow dramatically soon. Just look at those buy walls! I must agree with you. Guess what will happened when that 50% Aurora premine will hit market hahaha. i need to look into HUC thanks. |
|
|
|
I think the same, NXT or NEM will be the daily cryptocoins, but MINT and ZEIT are interesting like value deposit products to long-term investment...
HAHA best part about mint and peminied coins from analis look : "The developer of the coin mentioned here https://bitcointalk.org/index.php?topic=450381.msg5449543#msg5449543 that he will add a MINT/USD exchange, when the community contributes 5 million MINT. But wait? Doesn’t he own a 700 million premine? Isn’t the premine considered to be for exactly these kind of things. If you consider PoS, he could have minted 5 million in no time. This is just a guess, but as the dev refuses to tell us about the whereabouts of the premine, I wasn’t surprised, if he has already sold off all his coins during the pump." When dev don't belive in own coin then who should ? I have Mint,Zeit,BC % of intres makes inflation and that will make price drop over time , in long therm best coin for me is BC,NXT,NEM there wont be new coins only 1%BC year in same time MINT zeit will get +20% every year, LTC +20% BTC +10%... while NXT NEM 0% in long therm in pair organist other coin the best are those with low inflation NXT,NEM or even BC with 1% inflation are better choice their value should rise over time against coins which are being produced all time. I can be wrong ofcourse. Generally people can predict shit. |
|
|
|
I have found an email address for the editor for btc38, we just need to write an article about BC in chinese now haha.
Are you serious ? Wow. If i look at top 100 guys are realy buying BC nice top whales +200 000 today. high volume no price drop you need know that something will be going on. ^^ Soon. |
|
|
|
Miner, relax. If you want to make this coin go somewhere don't panic. That's just going to scare off new potential buyers reading this topic.
Instead, post here regularly and contribute as much as possible. The more active this topic is, the more it will be read by other people.
No I'm sick of all these fucking fail launches that people just keep jumping into whilst amazing coins like BC just get swept under the carpet Dude its manipulation of the market. We haven't seen a single pump yet. Whales are getting coins cheap before the pump. Vex , two posts before this one confirms this even more. Why do you think its manipulation to keep it low? What are the signs? We need a couple good pumps or people will lose faith in this coin. With so many alternatives, it doesn't take long before people do. Pumps are not good for coin stable rise+ is much better. And this is very possible with POS coin like BC. If people will see trend going up they will join. With pump and dump you never know if you are joying before pump of after it.. This is worst part of Pump$Dump scheme. I would prefere stable rise than pump and dumps which should scary real investors. |
|
|
|
With NXT its essentially the same thing as a 100% premine, even if its not that, being POS.
I still dont get the 1 NXT transaction fee, what if the value of these goes up to $25 per next coin?
I still think its not silly to invest in them, but there are that many darn coins out there, i dont know what ones will survive, i have more faith in dogecoin at the moment, i dont even see litecoin lasting long TBH.
The 1 NXT transaction fee will drop if/when NXT gains value. It's not a permanent thing. Seems you guys don't understand NXT very well.
100% Premine cuz it is PoS and thats not called premine.
Only a few people hold the coins thats right. But look deep into there idea, this coin is THE ONLY coin which can survive in the future.
NEM seems to be very fair right? Exactly not! I am in a China altcoin discussion group and I know that 550+ share spots are claimed by them. So? Worse than Nxt I think. But many people LOVEs Nem. Btw, nem still need Nxt's code, so trace to root, NXT is still a unbreakable base of 2nd generation coin.
Choose Nxt and hold for a long time.
"Only a few people hold the coins thats right. But look deep into there idea, this coin is THE ONLY coin which can survive in the future."I gues you hold a lot of NXT, how you feel with that few initial owners of NXT decide of it if they sell all in panic you will get 0. In long therm premine coins are more dangerous that usual coins look what was happened with PANDA... You are giving absolute power of that coin to few people. One big dump form them will almost kill your coin. One exploit or bug in NXT code can kill it too look what is going on with BTC it also had some exploits how it hit market all we see now. About fair start look at that how it looks should equal shares for all devs, IPO investors for all... https://bitcointalk.org/index.php?topic=485425.msg5463044#msg5463044I don't say it is perfect but far a way better than that what NXT did...and NEM distribution is much better too. One mistake which was made by NXT was distribution for me. Why i should trust few people holding most of next coin... BTC and clones they are working on same code once one of them invent some crucial all can adopt it after some time. IN long run BTC and their alts will best strong too on their side are thousands c++ programers who read code and updating it all time their are looking for bugs,and exploits too it is hard to compare it to NXT. If the people with a lot of NXT wanted to dump, don't you think they would have done so already? NXT has been steady around 8000-10k satoshi for the last month or so. When you have multiple people developing for NXT and creating websites, articles, alternative NXT clients, forums, decentralized exchange, etc. in support of NXT I don't think it will go away any time soon. All depends on situation. Sometimes not only "investor can dump" some hackers can get rich account and then dump... For fun, for money why not.In times when gox,btce were hacked i don't believe in security so much. Some investors can argue each-other and then dump. With hard premine coin you are living on bomb and waiting what or when will trier explosion. POS systems are defended by decentralization of stakeholders the more of them the better is for coin. that is why i gave try BC,Mint probably in future NXT clones with fair start. I wish best best NXT but for me is bit dangerous. |
|
|
|
Seems you guys don't understand NXT very well.
100% Premine cuz it is PoS and thats not called premine.
Only a few people hold the coins thats right. But look deep into there idea, this coin is THE ONLY coin which can survive in the future.
NEM seems to be very fair right? Exactly not! I am in a China altcoin discussion group and I know that 550+ share spots are claimed by them. So? Worse than Nxt I think. But many people LOVEs Nem. Btw, nem still need Nxt's code, so trace to root, NXT is still a unbreakable base of 2nd generation coin.
Choose Nxt and hold for a long time.
"Only a few people hold the coins thats right. But look deep into there idea, this coin is THE ONLY coin which can survive in the future."I gues you hold a lot of NXT, how you feel with that few initial owners of NXT decide of it if they sell all in panic you will get 0. In long therm premine coins are more dangerous that usual coins look what was happened with PANDA... You are giving absolute power of that coin to few people. One big dump form them will almost kill your coin. One exploit or bug in NXT code can kill it too look what is going on with BTC it also had some exploits how it hit market all we see now. About fair start look at that how it looks should equal shares for all devs, IPO investors for all... https://bitcointalk.org/index.php?topic=485425.msg5463044#msg5463044I don't say it is perfect but far a way better than that what NXT did...and NEM distribution is much better too. One mistake which was made by NXT was distribution for me. Why i should trust few people holding most of next coin... BTC and clones they are working on same code once one of them invent some crucial all can adopt it after some time. IN long run BTC and their alts will best strong too on their side are thousands c++ programers who read code and updating it all time their are looking for bugs,and exploits too it is hard to compare it to NXT. |
|
|
|
Who is going to reimburse my rig rental?  ?? Go mine LTC or Gumpy |
|
|
|
..... The best way to make money is not listen to the peoples here, no one can predict a shit I personally go with darkcoin, vertcoin and reddcoin. Why? Because i like them and i stay with them until they get big or die.  Sadly you have right, like Roxette "listen to your heart" Eg. LTC fans Doge is dead blabla... NXT- many people say its scam blabla and NXT is living Quark - people who missed train called it scam blabla again... All want push up coins in who they invested time and money. Shit will be dead and good coins will allive. Crypto is rising BTC is beginig clones are testing difrent aproches to Crypto some of there are pure clones but some brings new features. BTC clones are rising together btw BTC update protocool all update MEC developed KGW all starting using it. That is why BTC and clones are rising many devs same similiar protocool all are in development in same time. And this is HUGE in BTC and clones. Crypto is only tool some people in India,Affrica will join crypto party some day. Darkcoin have room to rise. But all alts are risky in investing BTC big risk too now and before  ... |
|
|
|
Im all in in BC and KDC, need more BTC to buy some cheap coins BTCBTCBTC
Your KDC is in top profit on coinwarz enjoy ride down from multipools  look mint case. |
|
|
|
Im all in in BC and KDC, need more BTC to buy some cheap coins BTCBTCBTC
I dumped my BC, I see greater potential in KDC Your choice i will stay here for a while or longer i am interested in many crypto but BC i am because of that this is 1st POW->switched to full POS. For me it is good store of crypto value i was mining for biginig and i am still buying new BCs. Pottential you say BC is for patient people i have about 50k coins and i get 1BC daily but in other hand i know how hard will be produce new coins in POS way. We have 1000sat starting price to vert we have hmm 300x to be equal offcourse. Everyday i see complainig on multipools the best is that we are free of them BC won't be never again farmed by i like it. While your KDC can be and will be if it get to high value - this is sad.(see mint and others upcoming stars) But good luck bro. |
|
|
|
New week coming up. Here's our chance guys - urge people who run blogs or websites to write about Blackcoin. Our Chinese friends have to contact btc38 and try and get us on there (my offer for a bounty to whoever manages to do this still stands). Last but not least - buy buy buy! Those buy walls are extremely thin, 5 BTC and we'll be back to 2000 satoshi in a heartbeat.
Mayby on BTer is easier to get. This is chinise Cryptsy |
|
|
|
Hmm did I get it right now, the staked coins are subtracted from the balance?
"balance" : 24789.95447526,
"newmint" : 0.00000000,
"stake" : 217.51160841,
yes 217 you will get at the end of year if you hit stake before you will get proportional amount before to days that you have waited for it. "Unwaited" coins are subtracted from final balance. |
|
|
|
|
Show Posts
