c-cex is good enough for this coin. I think, they are at the same level.  c-cex is a no volume shit exchange. Since the hack in Feb, I have been paid back about 0.02 BTC of the 3.05 BTC I was owed. At this rate I will get my BTC back in about 35 years. At this point I will get more satisfaction seeing c-cex die than getting my BTC back. Sharexchange and bittrex should be the goal right now. agree - we should buy our way onto cryptsy  Bittrex is all that is needed. New coins don't start at cryptsy. Besides, no big rush. Let's all enjoy the low difficulty for a day or two, I'd like to build up a hefty sack of coins for the 7.5% daily PoS stage. |
|
|
|
c-cex is good enough for this coin. I think, they are at the same level. c-cex is a no volume shit exchange. Since the hack in Feb, I have been paid back about 0.02 BTC of the 3.05 BTC I was owed. At this rate I will get my BTC back in about 35 years. At this point I will get more satisfaction seeing c-cex die than getting my BTC back. Sharexchange and bittrex should be the goal right now. |
|
|
|
I cant register,too.Always said that the usernames are taken.
I had a problem too. Registration was completed when I entered wallet address, though it is optional. ------------------------------------------------------------------------------ Why in the digit. Suprnova. Cc cannot draw money? yeah, not getting payouts on supernova. still mining there though as i have no worries he will fix whatever the issue is. |
|
|
|
|
looks like dedicatedpool and pool.mn are on one fork, the rest of the pools are on another. im at hashhot and the blocks they are showing sync up with my client using the latest nodes dev posted, so staying there until told otherwise.
|
|
|
|
|
There appears to be multiple forks.
|
|
|
|
|
I hold a small amount of DOPE and mine it from time to time. No huge investment, but seeing as anonymous coins are the hot commodity right now, hopefully we can get an update on the work being done in that area, as this is what caught my attention when the coin was first released.
DRK, XC, and MRO could use some competition, and the price of DOPE is so low there is no better time to buy if progress is being made.
|
|
|
|
|
So I have some BOOST mined and sent to V1 of the wallet, trying to now move my coins. They aren't valid on V2 of the wallet. What do I do? Are my coins no good? I am not reading 60 pages of forum posts to figure this shit out.
|
|
|
|
It's kind of a mess trying to balance these out to find the optimum economic parameters without creating criticism of some kind, either from holders, outsiders, miners, investors etc.
yes and combine that with maintaining network security and it becomes a very complex formula I have been vocal about my thoughts on reducing PoW reward. I suppose it is easy for me to be an idealist on the issue, considering I have nothing but a bit of mining time and a few BTC invested in this coin. I am here because I have been skeptical about you and your claims from the get go, but you consistently deliver. I can doubt for only so long. This is your coin, it is your choice what to do with it. I'll trust you know what is best. If there is to be a major reduction in PoW blocks though, the premine issue needs to be addressed eventually. If we are looking at just over 6 million PoW coins, the once small premine has now ballooned into over a 2% premine. You may have a lot of your plate right now, but best to fight off the FUD before it hits. |
|
|
|
|
Yikes, I can honestly say my faith is a bit shaken. I have never seen a coin rise this far, this fast, build such a large community, and then bam! Straight down. It's like someone slammed on the brakes and never let off them.
This is MINT. This is the coin that started the entire PoS craze!
Oh well, I don't dump, I have been buying a few million here, a few million there, and sending them to my wallet to stake since MINT dropped under 20 satoshis, so I may as well scoop up a few million more and go down with the ship if I must.
Hope we see some life back in good old MINT one of these days.
|
|
|
|
and 3 threads on the i5-3570k on my desktop.
Why not 4? It's my daily use desktop, leaving a thread free so it doesn't slow me down. |
|
|
|
and this is new anon future? this mixer is exist for a very long time look at BC or XLB... the same inscription ---> "From: unknown" If it is just a fancy mixer, I will stick to investing in MRO. |
|
|
|
So how does this anonymous wallet actually work?  look at the 4 Anon coin
Dark coin：0.024BTC
Mro coin：0.0055
QCN：0.007
XC：0.001
so XC has a long way to go???
The first three coins have a wallet that you can send money anonymously. XC doesn't yet so it's underpriced. If the wallet is released => moon  The anonymous market will have a large market cap and it can fit many players. It'S not only this. Keep in mind how long Evan has worked on anonymity. And our devs have done this in almost 2 weeks... By the way I like the X much more than XC. This. Not FUDing but this feels too fast, too easy, and no one is explaining the tech. Don't feel like setting up a VM for linux version, so will await windows wallet. Not investing further til I see it with my own eyes. Taking the safe route and staying skeptical. |
|
|
|
Blockchain-based hash: unlike Bytecoin PoW hash, which works on 2MB scratchpad and takes avr 400 ms, new hash will work on blockchain random data to provide operation speed. It gives faster synchronization with network and immunity from DoS attacks. So how usefull is that innovation really and how vulnerable is it in comparison to traditional approaches? Cant the supposedly random data from the blockchain be precalculated because, well its already there and not changing much with every new block? Im no techie, so pls have mercy on me  With traditional approach, increasing scratchpad leads to increasing time for hash calculation, since hash have to cover all scratchpad memory, to avoid precalculations. Slow PoW hash can lead to pretty big amount of problems, such as weastimg resources with calculating fake PoW, long synchronization, e.t.c. At the other hand, even pretty big fixed scratchpad (2mb for example) doesn't grant that hardware will not move to this area(remember litecoin, they was counted on it, but now they explaining that ASICs is not so bad). Research of other PoW approaches, based on asymmetric memory consuming algorithms (ethereum dagger, Cuckoo Cycle) showed me that there always some risk that algorithm could be reinvented and PoW may become unsuitable(for ex reinvented algo may request few memory). I've just tried to make a step back and look for another way, i want to have one hash operation fast and strong, but i want to have mining process memory hard, because it seems to be great protection from ASIC. I chose scratchpad memory increasing speed that gives enough protection(and even with extra margin for future) but at the same time make able to implement SPV client or mobile version without any problems. It's pretty new approach as i know, well, we'll see how things go. Feel free to contact me if you have any questions. So, is this the advantage it has over MRO? Just started digging into this cryptonote tech in the past day, so this is all pretty much greek to me still. |
|
|
|
Use the official tool
INTER-CPU, 30 core. 6 hours nothing
Normal right
I'm mining with 7 threads on an 8320 on my GPU mining rig, and 3 threads on the i5-3570k on my desktop. After 24 hours found 2 blocks, so give it time. |
|
|
|
|
WTB 1000 at 0.00225
Escrow or send first
|
|
|
|
Ya -- I really cannot stress enough how necessary it is to reduce total supply and PoW phase. Can't sleep because my mind is all worked up about this. I want what is best for the longevity of this coin. Just think about it:
If things remain unchanged -- what group will be holding the majority control on the price once anon features go live? Will it be the miners (selling the price down) or investors (buying the price up)? It will be 100% be the miners holding majority control --> because 75% of all coins will be minted in 2 months (this is way too many coins way too soon) especially considering that XC's biggest selling point was already delivered two months ago (by that point in time).
Again, this would be somewhat of a different story if anon features released near or at the end of PoW phase (because the expectation would help sustain buyer confidence). But it is not. Anon feature is the "hot thing" right now, and the hype around it will only be suppressed as 25 million more XC flood the market in two months. People buy on news and sell on fact. Once anon feature (the news) is released, XC will have an extremely hard time increasing in value in light of 25m (75%) of the supply being minted and thrown into the market. Two months of sell offs is a long time and will assuredly decrease buyer confidence.
Not to mention, 2 months down the road, there will surely be another coin to be 100% PoS with anon features before we reach our 100% PoS stage. It is crucial that XC becomes 100% PoS with anon feature before any other coin.
XC needs to reduce both total supply and PoW phase to help ensure healthy / constant buy pressure. DRK reduced their block reward (and probably would have done more, had they been PoS), because they knew this move was necessary as they drew nearer to implementing darksend. DRK team is really genius when it comes to creating market demand (for this reason and their requiring of 10,000 DRK taken off the market for each masternode).
This is exactly correct as veritasBS said:
Let me walk you through what will happen if the coin specs stay how they are currently:
1) There will be a big run in price when this PoS coin is the first to release the wallet.
2) We will get to a market cap of say 10 million.
3) There will be a fast decline in price but because this IS a coin with a quality dev and features, it will level off to some where around 6 million market cap.
4) Then 25 million more coins will come flooding in to the market over next 100 days. The price per coin will start a slow decline to 1/5 of where it was when it settled after the run.
5)The investors will only take so much loss and jump ship somewhere in the decline.
6) By the time PoW ends, you have many coins on the market with the EXACT same features so you no longer have an advantage.
The opportunity is NOW to make this a lasting coin. Use the advantage the dev has built to make this the premier anon coin...anything else is poor management.
My Proposal:
10m coins (or less) and let PoW continue for another 1-2 weeks (1 is best) max with reduced block rewards.
This will help allow for market cap growth, will help ensure XC is the first 100% PoS coin with anon tech, and will give time for an XC multipool to be set up and launched immediately when PoW ends.
Either this, or extend the PoW mining period years into the future with greatly reduced block rewards. I think this is better than changing nothing (I still think that the first 100% PoS anon featured coin is this coins biggest selling point). But if it remains the same --> yes, this coin will still be successful (if anon releases), but all I see is unnecessary value suppression for the future of this coin.
So true, I am sending this comment to the BTC devs immediately in hopes they cut off PoW supply and shift to PoS immediately. If a coin has true value, it will rise. End of story. If the entire DRK rise is due to devs "creating market demand" as you put it (others would call it market manipulation, potato, potatoe), then the true value of DRK is not .025 BTC. If alts need to resort to these types of tactics then maybe ::gasp:: the true value of virtually all alt coins is 0? Yes, idiots buy the brand new coin to hit the market when the supply is low, and then, surprise surprise, price drops because they do not spend 2 minutes doing the math to figure out this coin is still in a stage of astronomical inflation. That is an example of an unsavvy investor, not a poorly designed coin. And what would be so wrong with miners controlling 75% of all the XC? They invest money into the mining equipment, electricity, time, and ya know, keep the network of a PoW coin alive. Miners mine the coins, investors buy them from the miners. That's how it works. If miners see no value in the alts they are mining, well yeah, they are gonna dump for BTC. If there is value in the coin, they will mine and hold. Why is it that miners getting more XC bothers you so much? Could it be because your share of XC will be diluted, and the market won't be able to be controlled by a small group of market manipulators? Maybe you are right though, it is true that a coin will rise faster and higher with a quick mining period to put the coins in the hands of as few people as possible. It will rise as far as those manipulating the market will allow it to. Until the giant red candle hits. Hold on......lemme check CINNI price really quick. YIKES! Order books looking sickly. Ya must have dumped at 38k satoshis huh? Why didn't you apply your genius to "create market demand" for CINNI? Oh, the market demand will be created with CINNI's innovative encrypted messaging system right? I saw the little pictogram on twitter, it looks like something I would scrawl on a napkin to explain public key encryption to a 5 year old. Innovation! wow ur an asshole sorry but you just are.. I'm an asshole, or I'm the only one here telling it like it is. Again, potato, potatoe. He is actually right. He is not an asshole he is just telling how it is. Why should the dev change coin specs, just because some unexperienced people that call themseves "investors" did not do their homework and have unrealistic expectations? What is going to happen when the coin bubbles after reducing pow? Reduce it again to keep the price at this level? And finally look at all these 100% ipo coins that hit the market last weeks. They just bubbled ... and entered freefall mode after that. That's just how the altcoingame is. You can make insane profits but you can also burn all your btc. If the dev is commited and does good work the coin will be able to withstand the mining pressure and/or recover from big dumps. If it doesn't so be it! +1 I think everyone should back off and let the dev work on the wallet. He created this coin so he shouldn't feel pressure to change any specs. Thanks to both of you. Good to see some back up. I don't know if the dev is legit, or if this anonymous wallet will work or is real, but for some reason I am drawing a line in the sand on this one. These incessant pump and dumps need to stop, or slow down at least. Alt-coins are a complete and utter joke right now. |
|
|
|
Ya -- I really cannot stress enough how necessary it is to reduce total supply and PoW phase. Can't sleep because my mind is all worked up about this. I want what is best for the longevity of this coin. Just think about it:
If things remain unchanged -- what group will be holding the majority control on the price once anon features go live? Will it be the miners (selling the price down) or investors (buying the price up)? It will be 100% be the miners holding majority control --> because 75% of all coins will be minted in 2 months (this is way too many coins way too soon) especially considering that XC's biggest selling point was already delivered two months ago (by that point in time).
Again, this would be somewhat of a different story if anon features released near or at the end of PoW phase (because the expectation would help sustain buyer confidence). But it is not. Anon feature is the "hot thing" right now, and the hype around it will only be suppressed as 25 million more XC flood the market in two months. People buy on news and sell on fact. Once anon feature (the news) is released, XC will have an extremely hard time increasing in value in light of 25m (75%) of the supply being minted and thrown into the market. Two months of sell offs is a long time and will assuredly decrease buyer confidence.
Not to mention, 2 months down the road, there will surely be another coin to be 100% PoS with anon features before we reach our 100% PoS stage. It is crucial that XC becomes 100% PoS with anon feature before any other coin.
XC needs to reduce both total supply and PoW phase to help ensure healthy / constant buy pressure. DRK reduced their block reward (and probably would have done more, had they been PoS), because they knew this move was necessary as they drew nearer to implementing darksend. DRK team is really genius when it comes to creating market demand (for this reason and their requiring of 10,000 DRK taken off the market for each masternode).
This is exactly correct as veritasBS said:
Let me walk you through what will happen if the coin specs stay how they are currently:
1) There will be a big run in price when this PoS coin is the first to release the wallet.
2) We will get to a market cap of say 10 million.
3) There will be a fast decline in price but because this IS a coin with a quality dev and features, it will level off to some where around 6 million market cap.
4) Then 25 million more coins will come flooding in to the market over next 100 days. The price per coin will start a slow decline to 1/5 of where it was when it settled after the run.
5)The investors will only take so much loss and jump ship somewhere in the decline.
6) By the time PoW ends, you have many coins on the market with the EXACT same features so you no longer have an advantage.
The opportunity is NOW to make this a lasting coin. Use the advantage the dev has built to make this the premier anon coin...anything else is poor management.
My Proposal:
10m coins (or less) and let PoW continue for another 1-2 weeks (1 is best) max with reduced block rewards.
This will help allow for market cap growth, will help ensure XC is the first 100% PoS coin with anon tech, and will give time for an XC multipool to be set up and launched immediately when PoW ends.
Either this, or extend the PoW mining period years into the future with greatly reduced block rewards. I think this is better than changing nothing (I still think that the first 100% PoS anon featured coin is this coins biggest selling point). But if it remains the same --> yes, this coin will still be successful (if anon releases), but all I see is unnecessary value suppression for the future of this coin.
So true, I am sending this comment to the BTC devs immediately in hopes they cut off PoW supply and shift to PoS immediately. If a coin has true value, it will rise. End of story. If the entire DRK rise is due to devs "creating market demand" as you put it (others would call it market manipulation, potato, potatoe), then the true value of DRK is not .025 BTC. If alts need to resort to these types of tactics then maybe ::gasp:: the true value of virtually all alt coins is 0? Yes, idiots buy the brand new coin to hit the market when the supply is low, and then, surprise surprise, price drops because they do not spend 2 minutes doing the math to figure out this coin is still in a stage of astronomical inflation. That is an example of an unsavvy investor, not a poorly designed coin. And what would be so wrong with miners controlling 75% of all the XC? They invest money into the mining equipment, electricity, time, and ya know, keep the network of a PoW coin alive. Miners mine the coins, investors buy them from the miners. That's how it works. If miners see no value in the alts they are mining, well yeah, they are gonna dump for BTC. If there is value in the coin, they will mine and hold. Why is it that miners getting more XC bothers you so much? Could it be because your share of XC will be diluted, and the market won't be able to be controlled by a small group of market manipulators? Maybe you are right though, it is true that a coin will rise faster and higher with a quick mining period to put the coins in the hands of as few people as possible. It will rise as far as those manipulating the market will allow it to. Until the giant red candle hits. Hold on......lemme check CINNI price really quick. YIKES! Order books looking sickly. Ya must have dumped at 38k satoshis huh? Why didn't you apply your genius to "create market demand" for CINNI? Oh, the market demand will be created with CINNI's innovative encrypted messaging system right? I saw the little pictogram on twitter, it looks like something I would scrawl on a napkin to explain public key encryption to a 5 year old. Innovation! I forgot, Bitcoin didn't attract all the new investors to it because of the astronomical rise in value. Nope, it was due to the crashes that it went through. Wait a minute... And why do you think BTC has had astronomical rises in value? Because one day someone saw the value BTC held and said hey, lemme buy some of those off of you! You can't have a crash until a rise happens first. And what do you think is going to happen to XC when the market is in control of as few people as possible? Couldn't possibly turn into yet another huge pump and dump could it? |
|
|
|
Ya -- I really cannot stress enough how necessary it is to reduce total supply and PoW phase. Can't sleep because my mind is all worked up about this. I want what is best for the longevity of this coin. Just think about it:
If things remain unchanged -- what group will be holding the majority control on the price once anon features go live? Will it be the miners (selling the price down) or investors (buying the price up)? It will be 100% be the miners holding majority control --> because 75% of all coins will be minted in 2 months (this is way too many coins way too soon) especially considering that XC's biggest selling point was already delivered two months ago (by that point in time).
Again, this would be somewhat of a different story if anon features released near or at the end of PoW phase (because the expectation would help sustain buyer confidence). But it is not. Anon feature is the "hot thing" right now, and the hype around it will only be suppressed as 25 million more XC flood the market in two months. People buy on news and sell on fact. Once anon feature (the news) is released, XC will have an extremely hard time increasing in value in light of 25m (75%) of the supply being minted and thrown into the market. Two months of sell offs is a long time and will assuredly decrease buyer confidence.
Not to mention, 2 months down the road, there will surely be another coin to be 100% PoS with anon features before we reach our 100% PoS stage. It is crucial that XC becomes 100% PoS with anon feature before any other coin.
XC needs to reduce both total supply and PoW phase to help ensure healthy / constant buy pressure. DRK reduced their block reward (and probably would have done more, had they been PoS), because they knew this move was necessary as they drew nearer to implementing darksend. DRK team is really genius when it comes to creating market demand (for this reason and their requiring of 10,000 DRK taken off the market for each masternode).
This is exactly correct as veritasBS said:
Let me walk you through what will happen if the coin specs stay how they are currently:
1) There will be a big run in price when this PoS coin is the first to release the wallet.
2) We will get to a market cap of say 10 million.
3) There will be a fast decline in price but because this IS a coin with a quality dev and features, it will level off to some where around 6 million market cap.
4) Then 25 million more coins will come flooding in to the market over next 100 days. The price per coin will start a slow decline to 1/5 of where it was when it settled after the run.
5)The investors will only take so much loss and jump ship somewhere in the decline.
6) By the time PoW ends, you have many coins on the market with the EXACT same features so you no longer have an advantage.
The opportunity is NOW to make this a lasting coin. Use the advantage the dev has built to make this the premier anon coin...anything else is poor management.
My Proposal:
10m coins (or less) and let PoW continue for another 1-2 weeks (1 is best) max with reduced block rewards.
This will help allow for market cap growth, will help ensure XC is the first 100% PoS coin with anon tech, and will give time for an XC multipool to be set up and launched immediately when PoW ends.
Either this, or extend the PoW mining period years into the future with greatly reduced block rewards. I think this is better than changing nothing (I still think that the first 100% PoS anon featured coin is this coins biggest selling point). But if it remains the same --> yes, this coin will still be successful (if anon releases), but all I see is unnecessary value suppression for the future of this coin.
So true, I am sending this comment to the BTC devs immediately in hopes they cut off PoW supply and shift to PoS immediately. If a coin has true value, it will rise. End of story. If the entire DRK rise is due to devs "creating market demand" as you put it (others would call it market manipulation, potato, potatoe), then the true value of DRK is not .025 BTC. If alts need to resort to these types of tactics then maybe ::gasp:: the true value of virtually all alt coins is 0? Yes, idiots buy the brand new coin to hit the market when the supply is low, and then, surprise surprise, price drops because they do not spend 2 minutes doing the math to figure out this coin is still in a stage of astronomical inflation. That is an example of an unsavvy investor, not a poorly designed coin. And what would be so wrong with miners controlling 75% of all the XC? They invest money into the mining equipment, electricity, time, and ya know, keep the network of a PoW coin alive. Miners mine the coins, investors buy them from the miners. That's how it works. If miners see no value in the alts they are mining, well yeah, they are gonna dump for BTC. If there is value in the coin, they will mine and hold. Why is it that miners getting more XC bothers you so much? Could it be because your share of XC will be diluted, and the market won't be able to be controlled by a small group of market manipulators? Maybe you are right though, it is true that a coin will rise faster and higher with a quick mining period to put the coins in the hands of as few people as possible. It will rise as far as those manipulating the market will allow it to. Until the giant red candle hits. Hold on......lemme check CINNI price really quick. YIKES! Order books looking sickly. Ya must have dumped at 38k satoshis huh? Why didn't you apply your genius to "create market demand" for CINNI? Oh, the market demand will be created with CINNI's innovative encrypted messaging system right? I saw the little pictogram on twitter, it looks like something I would scrawl on a napkin to explain public key encryption to a 5 year old. Innovation! wow ur an asshole sorry but you just are.. I'm an asshole, or I'm the only one here telling it like it is. Again, potato, potatoe. You arguments are logically deficient...Dunning-Kruger effect or troll...potato, potatoe. ad hominem |
|
|
|
Ya -- I really cannot stress enough how necessary it is to reduce total supply and PoW phase. Can't sleep because my mind is all worked up about this. I want what is best for the longevity of this coin. Just think about it:
If things remain unchanged -- what group will be holding the majority control on the price once anon features go live? Will it be the miners (selling the price down) or investors (buying the price up)? It will be 100% be the miners holding majority control --> because 75% of all coins will be minted in 2 months (this is way too many coins way too soon) especially considering that XC's biggest selling point was already delivered two months ago (by that point in time).
Again, this would be somewhat of a different story if anon features released near or at the end of PoW phase (because the expectation would help sustain buyer confidence). But it is not. Anon feature is the "hot thing" right now, and the hype around it will only be suppressed as 25 million more XC flood the market in two months. People buy on news and sell on fact. Once anon feature (the news) is released, XC will have an extremely hard time increasing in value in light of 25m (75%) of the supply being minted and thrown into the market. Two months of sell offs is a long time and will assuredly decrease buyer confidence.
Not to mention, 2 months down the road, there will surely be another coin to be 100% PoS with anon features before we reach our 100% PoS stage. It is crucial that XC becomes 100% PoS with anon feature before any other coin.
XC needs to reduce both total supply and PoW phase to help ensure healthy / constant buy pressure. DRK reduced their block reward (and probably would have done more, had they been PoS), because they knew this move was necessary as they drew nearer to implementing darksend. DRK team is really genius when it comes to creating market demand (for this reason and their requiring of 10,000 DRK taken off the market for each masternode).
This is exactly correct as veritasBS said:
Let me walk you through what will happen if the coin specs stay how they are currently:
1) There will be a big run in price when this PoS coin is the first to release the wallet.
2) We will get to a market cap of say 10 million.
3) There will be a fast decline in price but because this IS a coin with a quality dev and features, it will level off to some where around 6 million market cap.
4) Then 25 million more coins will come flooding in to the market over next 100 days. The price per coin will start a slow decline to 1/5 of where it was when it settled after the run.
5)The investors will only take so much loss and jump ship somewhere in the decline.
6) By the time PoW ends, you have many coins on the market with the EXACT same features so you no longer have an advantage.
The opportunity is NOW to make this a lasting coin. Use the advantage the dev has built to make this the premier anon coin...anything else is poor management.
My Proposal:
10m coins (or less) and let PoW continue for another 1-2 weeks (1 is best) max with reduced block rewards.
This will help allow for market cap growth, will help ensure XC is the first 100% PoS coin with anon tech, and will give time for an XC multipool to be set up and launched immediately when PoW ends.
Either this, or extend the PoW mining period years into the future with greatly reduced block rewards. I think this is better than changing nothing (I still think that the first 100% PoS anon featured coin is this coins biggest selling point). But if it remains the same --> yes, this coin will still be successful (if anon releases), but all I see is unnecessary value suppression for the future of this coin.
So true, I am sending this comment to the BTC devs immediately in hopes they cut off PoW supply and shift to PoS immediately. If a coin has true value, it will rise. End of story. If the entire DRK rise is due to devs "creating market demand" as you put it (others would call it market manipulation, potato, potatoe), then the true value of DRK is not .025 BTC. If alts need to resort to these types of tactics then maybe ::gasp:: the true value of virtually all alt coins is 0? Yes, idiots buy the brand new coin to hit the market when the supply is low, and then, surprise surprise, price drops because they do not spend 2 minutes doing the math to figure out this coin is still in a stage of astronomical inflation. That is an example of an unsavvy investor, not a poorly designed coin. And what would be so wrong with miners controlling 75% of all the XC? They invest money into the mining equipment, electricity, time, and ya know, keep the network of a PoW coin alive. Miners mine the coins, investors buy them from the miners. That's how it works. If miners see no value in the alts they are mining, well yeah, they are gonna dump for BTC. If there is value in the coin, they will mine and hold. Why is it that miners getting more XC bothers you so much? Could it be because your share of XC will be diluted, and the market won't be able to be controlled by a small group of market manipulators? Maybe you are right though, it is true that a coin will rise faster and higher with a quick mining period to put the coins in the hands of as few people as possible. It will rise as far as those manipulating the market will allow it to. Until the giant red candle hits. Hold on......lemme check CINNI price really quick. YIKES! Order books looking sickly. Ya must have dumped at 38k satoshis huh? Why didn't you apply your genius to "create market demand" for CINNI? Oh, the market demand will be created with CINNI's innovative encrypted messaging system right? I saw the little pictogram on twitter, it looks like something I would scrawl on a napkin to explain public key encryption to a 5 year old. Innovation! wow ur an asshole sorry but you just are.. I'm an asshole, or I'm the only one here telling it like it is. Again, potato, potatoe. |
|
|
|
|
Show Posts
