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It'd be definitely profitable but you'll have to do a lot of research. The easiest would probably be to start with looking into scrypt ASICs.
Where do you live if you don't mind me asking?
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^That is hilarious.
Looking at uszaty43's posts, he does have a similar style of typing as the supposed message (weird spacebar usage, writing the word 'address' with one 'd', writing the word 'Anon' with a capital A).
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I don't follow the navajo thread but the pic looks interesting. Weird image cropping and on the top it says "Szukaj" which is Polish for Search. I'm having a hard time believing that someone has so many typoos (even in fast PMs) as Strugg supposed to have. He rarely hits his spacebar at the right time if you look at how he supposedly writes. Of course all that doesn't say anything so I'm curious about the followup - if there will be any. Edit: Here we have the conversation between me( real account) and Strugg.
Sorry Strugg , but dont treat people like a shit anymore... Maybe both the leaker and Strugg has wonky spacebars. |
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From what I've gathered this sounds like a really silly idea. First off, one person owning that amount of coins is a threat because it introduces the reliance on trust. Secondly, the coin will get heavily inflated with the increased total suppy alone, not to mention miners dumping the coins slightly above the cost of production via profit-switching multipools without even knowing or caring what coins they mined. And lastly, one person wanting to pull such radical change to the coin might invite a communtiy takeover. The only way I'm seeing this working if the PoW block rewards would be a fraction of what is planned. People would still mine it if they could even at 10 coins per block, just look at FRESH (~10 million total coins with 10 coin/block and people mine it).
First off, Adam is not giving himself 5 million coins, He will tell you himself in the next day or so. Secondly the coin is not going to be heavily inflated as the coins will BE MINED. That means its going to be a gradual process that you wont even notice. In fact I truly believe this will raise the price. And a community take over? LOL Good luck buddy. I know who's who in this community and it'd never happen. Myself and many other key community members fully support Adam. Lastly, it's Adams coin, and truly, if you don't like how he's driving, then sell off and get off. No one's forcing you to spend your bitcoin here. Edit: Something I may be on board with would be perhaps asking Adam to spread the coin distribution out over a longer period of time, reducing the debatable effect on the coins price. 5 million coins mined over 5 years might make more sense than mined over 2 years. But let's be patient and see what he has planned. Halving 10210 blocks
Initial coins per block1000 coins
Target spacing 1 min
Try to sell 1.440.000 coins per day for a week and tell me the price won't crash. Or you really think roughly 120-160 BTC worth of coins will get soaked just on the first week to keep the price? Even if only 30% of that would get dumped it would crash. Have you looked at the market cap and typical daily volume of this coin? Who's selling 1,440,000 coins per day? Where did you get that number from? I think your numbers are off because you don't need a calculator to know that 1.4 million coins per day would be impossible Edit: And yes! I pay very close attention to market cap and trajectory of this coin  Despite a few setbacks, this coin isn't going anywhere. The weak hands are being shaken out and it's really not a bad thing to happen. I'm obviously missing something but there's not much details I could find other than the planned specs so I went with that. And there is no mention of a distribution period of 2 years that I could find. So now I'm lost because the posted x11 specs doesn't add up anyway you look at it to what you're describing. Whatever the case, what I'm interested in is the public pow specs for the remaining ~5kk coins. Sorry if my confusion caused even more confusion. Nothing has been put in ink yet, so don't worry, this is the correct venue to voice concerns. How would you feel if there are 82,000 coins released per week? Does that seem balanced? That would mean 8.13 coins/block with 1 min spacing which would have no effect on the price. If anything, the fact that it would be mineable again might introduce the coin to more people so it might even increase the price. I'd be completely fine with even higher block rewards, it's just that I completely misunderstood the situation. |
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From what I've gathered this sounds like a really silly idea. First off, one person owning that amount of coins is a threat because it introduces the reliance on trust. Secondly, the coin will get heavily inflated with the increased total suppy alone, not to mention miners dumping the coins slightly above the cost of production via profit-switching multipools without even knowing or caring what coins they mined. And lastly, one person wanting to pull such radical change to the coin might invite a communtiy takeover. The only way I'm seeing this working if the PoW block rewards would be a fraction of what is planned. People would still mine it if they could even at 10 coins per block, just look at FRESH (~10 million total coins with 10 coin/block and people mine it).
First off, Adam is not giving himself 5 million coins, He will tell you himself in the next day or so. Secondly the coin is not going to be heavily inflated as the coins will BE MINED. That means its going to be a gradual process that you wont even notice. In fact I truly believe this will raise the price. And a community take over? LOL Good luck buddy. I know who's who in this community and it'd never happen. Myself and many other key community members fully support Adam. Lastly, it's Adams coin, and truly, if you don't like how he's driving, then sell off and get off. No one's forcing you to spend your bitcoin here. Edit: Something I may be on board with would be perhaps asking Adam to spread the coin distribution out over a longer period of time, reducing the debatable effect on the coins price. 5 million coins mined over 5 years might make more sense than mined over 2 years. But let's be patient and see what he has planned. Halving 10210 blocks
Initial coins per block1000 coins
Target spacing 1 min
Try to sell 1.440.000 coins per day for a week and tell me the price won't crash. Or you really think roughly 120-160 BTC worth of coins will get soaked just on the first week to keep the price? Even if only 30% of that would get dumped it would crash. Have you looked at the market cap and typical daily volume of this coin? Who's selling 1,440,000 coins per day? Where did you get that number from? I think your numbers are off because you don't need a calculator to know that 1.4 million coins per day would be impossible Edit: And yes! I pay very close attention to market cap and trajectory of this coin Despite a few setbacks, this coin isn't going anywhere. The weak hands are being shaken out and it's really not a bad thing to happen. I'm obviously missing something but there's not much details I could find other than the planned specs so I went with that. And there is no mention of a distribution period of 2 years that I could find. So now I'm lost because the posted x11 specs doesn't add up anyway you look at it to what you're describing. Whatever the case, what I'm interested in is the public pow specs for the remaining ~5kk coins. Sorry if my confusion caused even more confusion. |
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From what I've gathered this sounds like a really silly idea. First off, one person owning that amount of coins is a threat because it introduces the reliance on trust. Secondly, the coin will get heavily inflated with the increased total suppy alone, not to mention miners dumping the coins slightly above the cost of production via profit-switching multipools without even knowing or caring what coins they mined. And lastly, one person wanting to pull such radical change to the coin might invite a communtiy takeover. The only way I'm seeing this working if the PoW block rewards would be a fraction of what is planned. People would still mine it if they could even at 10 coins per block, just look at FRESH (~10 million total coins with 10 coin/block and people mine it).
First off, Adam is not giving himself 5 million coins, He will tell you himself in the next day or so. Secondly the coin is not going to be heavily inflated as the coins will BE MINED. That means its going to be a gradual process that you wont even notice. In fact I truly believe this will raise the price. And a community take over? LOL Good luck buddy. I know who's who in this community and it'd never happen. Myself and many other key community members fully support Adam. Lastly, it's Adams coin, and truly, if you don't like how he's driving, then sell off and get off. No one's forcing you to spend your bitcoin here. Edit: Something I may be on board with would be perhaps asking Adam to spread the coin distribution out over a longer period of time, reducing the debatable effect on the coins price. 5 million coins mined over 5 years might make more sense than mined over 2 years. But let's be patient and see what he has planned. Halving 10210 blocks
Initial coins per block1000 coins
Target spacing 1 min
Try to sell 1.440.000 coins per day for a week and tell me the price won't crash. Or you really think roughly 120-160 BTC worth of coins will get soaked just on the first week to keep the price? Even if only 30% of that would get dumped it would crash. Have you looked at the market cap and typical daily volume of this coin? |
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It's downhill from this point on without progress. Who wanted to accumulate already did and without news people will start shaking and dump.
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From what I've gathered this sounds like a really silly idea. First off, one person owning that amount of coins is a threat because it introduces the reliance on trust. Secondly, the coin will get heavily inflated with the increased total suppy alone (the market can't just soak up all the new coins and keep the current price, it will crash the price which will piss of everyone involved) not to mention miners dumping the coins slightly above the cost of production via profit-switching multipools without even knowing or caring what coins they mined. And lastly, one person wanting to pull such radical change to the coin might invite a communtiy takeover. The only way I'm seeing this working if the PoW block rewards would be a fraction of what is planned. People would still mine it if they could even at 10 coins per block, just look at FRESH (~10 million total coins with 10 coin/block and people mine it).
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You mean a couple of generic bulletpoints turned into a totally uneccessary 45s video with obnoxious sound effects? Sorry, that's just what I took away from it. |
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Bombarding bittrex with witty tweets always seem to work as far as I know.
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People who see it as an investment. They buy in hopes of selling when and if the value increases in the future due to whatever reason, be it a new feature, future block reward decrease, pow period ending, PR campaign, insider info, to accumulate enough to be able to move the market, you name it.
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the most extrem undervalued coin is monero
Why? |
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I would like a clean modern logo without a coin. But I have no art skills.
Same. Although I think a logo is not as important as most people think. |
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Doesn't mean much. DRK is still far from reaching a new ATH and when it had its ATH bitcoins were valued at over twice as much USD as they are now. If DRK/Dash wants to be a contender to BTC then its value shouldn't be referred to in BTC. I think DRK is just a nice toy to have with fewer isses than BTC, but it's far from perfect and definitely not enough to emerge from the shadow of BTC. |
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Wallet won't run:  |
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it will become decentralized with time and various tests that the devs have planned what dont you guys understand.. when a baby is born u look after and nurture it u dont let it wonder off. Same with this.. its good that its centralized in the start that way any incoming bugs or viruses can be dealt with swiftly and then once the network has kind of matured and u kno things are looking on the upside then u slowly decentralize and let it become independent in this big dangerous world. I warn you dont start any FUD! ((((((WE ARE AIMING FOR 1000BTC VOLUME)))))
I get that I just wanted to clarify things. If the anon feature has to rely on a single point that is the API server, then it is by definition centralized. Not trying to take away anything from the devs or to fud but let's call things for what they are before people who don't know any better invest based on false information. |
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