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441  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [BTCP] BitcoinPrivate: A Truly Private Bitcoin [Equihash] on: April 12, 2018, 11:20:37 PM
This has to be most obvious pump and dump scamcoin so far still bagholders won't see it. Your scam starts with stealing bitcoin name then it moves to bigger scam territory but taking low supply ZCL to 7 times higher supply poop coin, obviously dump all developer bags while doing it. Nice scam, developers dump and bagholders pump lol.
You are the man! I was contemplating a recent tweet - what altcoin has the dumbest followers, akin to Flat Eathers or Deniers of Global Climate Change? Is it Tron, Verge, Bitcoin Cash or Ripple? I'd rank Zclassic pretty first or second place.

This has to be most obvious pump and dump scamcoin so far still bagholders won't see it. Your scam starts with stealing bitcoin name then it moves to bigger scam territory but taking low supply ZCL to 7 times higher supply poop coin, obviously dump all developer bags while doing it. Nice scam, developers dump and bagholders pump lol.
You are the man! I was contemplating a recent tweet - what altcoin has the dumbest followers, akin to Flat Eathers or Deniers of Global Climate Change? Is it Tron, Verge, Bitcoin Cash or Ripple? I'd rank Zclassic pretty first or second place.

Yo you sold out at 10x loss... you don't get an opinion, that is just dumb. What would really grind your gears... is seeing BTCP now fly... And just because you caved in doesn't mean the project isn't solid. You can be as negative as you want, but I wonder why people who lost out to their own FUD.. are hanging around to heckle what's good. You scared of becoming a transparent idiot in the rise?

It always happens to me... I freaking bought a coin at 1 sat... sold at 2.5 thinking 'awesomes' then a day later it hit 60 sat... then 80 sat.. then it peaked at freaking 124 sat. The thing about trading is.. the graphs line up and make sense.. because generally nobody is willing to accept at 2.5x loss.. and people are happy with a 2x gain. So although the price went up 13000% at times... nobody went up with it in all... waves of people bought and sold out on the way... it is rare anyone sane would accept a loss like yours... Unless you bought ZCL at ATH and sold BTCP at ATL... I don't see how you could have lost 10x anyway... so I just doubt you in general as being a valid place to get information or any idea from of what's what.

I had UNIFY for aaggeeess.. and I sold at 320 sat.. forgetting I bought higher than that a while back... then it went to 2000sat... the next day. I was hoarding DMT... I sold at .0007 to arbitrate a different exchange.. then it went up and I was like screw paying 10% more for it.. then it freaking went 260% the next day! then I got cold and on the way back down I bought it at .0022 ... now it is .0008.

I could keep going... it happens all the time to me. But what i've learned is... 2 rules... 1. trust your first impression. stick to it. 2. conquer your own internal doubt.. your internal FUD... and your FOMO and you will be in the top 80% traders. before ever worrying about the communal FUD... and shitposters, trying to scare people into selling cheap.

Some exchanges do it too actually so be wary.. they will be so incompetent ... at maintaining things or just running an exchange,,, they scare people into selling below market perception value... C-Cex does it all the time ... and never trade there they will rob you. And I get that feeling about Trade Satoshi ... Yobit too a times... they will trap you.. never play arbitrage without being cool calm collected and checking every detail.. check coin info.. block heights and maintenance.

I'm not saying you made a mistake... but I am biting back at your idea you did the right thing just because you did it... time will tell... and shitting on the ann page just because you dumped... really? I guess you need to get some entertainment value or something in return for your money... but really no sane person willingly takes a 10x loss. why sell when you don't have to? Esp when the whole future of BTCP and cryptospace is infront of you... like srsly learn the Art of Hodl. Not weak hands and irrational anger directed at anything that moves.

Denial is an ugly thing <3

Lets see Mr Fairysquirt (dig the name, made me laugh) This guy created whale coin, and during it's run all the shillers were touting it as the freshest shit since sliced bread. He pumped the shit out of that one and when it's had it's little run. He ceased working on it and moved on to zclassic. He then pumped the shit out of it, and when he felt like he has garnered enough money from ppl he let that one fall flat on it's ass and moved on to BTCP. So Mr newbie, why should we expect anything different from him. If you caught a child reaching into your cookie jar twice, what makes you think the kid won't make a  third attempt if given the chance. The fucker will just pump this shit and move on to the next one cos that what he does best. If you a real investor and not some paid shill(i can't really trust anyone with four post) then i  hope for your own sake, you sell and vacate before he decides to dump and move on.

 As for you telling someone to learn the art of hodl, let say someone bought Zclassic,  i won't even use the peak of 189, let say he or she bought it at $80, and two months later the coin is trading at $6. Keep in mind not everyone has the time to check their portfolio like a hawk. I hope you never experience such a situation cos we both know you won't be yapping that BS. It always seems fair till it actually happens to you
442  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [BTCP] BitcoinPrivate: A Truly Private Bitcoin [Equihash] on: April 12, 2018, 10:31:30 PM
Buy the dip bitches!

I would take you seriously if every post you made from March 2018 till now is not on BTCP thread. Just another bag holder trying to justify dubious character cos they anticipate a chance to make a profit. You go leave your stupid comment on the zclassic thread were ppl got cleaned up just as bad as bitconnect. Everyone yells about bitconnect but this fucker is just as bad and greedy fucks like you support him at the expense of others. Am not cool enough to yelp out quotes like " buy the dip bitches" but karma is a muthafucka and if you stick around long enough, the bitch will get you.
443  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [BTCP] BitcoinPrivate: A Truly Private Bitcoin [Equihash] on: April 12, 2018, 08:56:15 PM
I do not understand why they say these people are a scam. The wallets work great, transactions are fast, the interviews show just how real the devs are.
They are very transparent, including drama with Exchanges, hard fork dates, expectation setting.
Most coins got crushed during this downturn 60%+ downside. I'm a little salty I didn't sell back when ZCL was at 200, but I didn't sell because I do not have weak hands, and I believe in the product, they are working on integrations for Ledger and Trezor wallets, etc. No way is it the devs fault for price, because they do not control price, just tech.

This has to be most obvious pump and dump scamcoin so far still bagholders won't see it. Your scam starts with stealing bitcoin name then it moves to bigger scam territory but taking low supply ZCL to 7 times higher supply poop coin, obviously dump all developer bags while doing it. Nice scam, developers dump and bagholders pump lol.

Make sure to include whale coin in there too. This guy is a serial forker!!! he just forks, pumps and dumps it, and move on to the next one. Ppl never learn though and any fool investing in this guy without doing the proper research on his track record is in for a rude awakening.
444  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WhaleCoin - Followers Earn Rewards, Whales Get Followers, Mined Coin on: April 12, 2018, 08:52:43 PM
Yeah, i remember times of active development of WhaleCoin, but after that looks like BTCP more promising for dev.

I will admit he got me with whale coin. I was also buying into the mindless shill from Bitcoindad and few of the OGs rather than doing my own research. However, anyone that buys into this guys crap after seeing his track record with whalecoin, zclassic ethc has only themselve to  blame. I lost a nice chunk of whale but i really fell bad for those that rode zclassic to the end. btcp is currently worth $24 and that due to a huge pump, the price usually hovers at $16
445  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Hawala.Today | IFS | P2P CASH-CRYPTO | BOUNTIES | NOW TRADING ON KUCOIN!! on: April 12, 2018, 03:57:15 AM
i wish i visited hawala BTCtalk thread before sending my token in for the coinswap to ifs. I was just going thru my old bookmarks and saw an announcement for the coin swap and just sent the old coins in immediately. it's been 4 days and am yet to receive the new coins. Oh well, it was just airdropped coins but it was worth approx $250 and that was two weeks grocery there.

the coinswap was quite a long time ago. Maybe they are not checking it or sending them anymore? I do remember my one took a while before i got them also though and the dev was helpful when i messaged him and sent them the next day. Did you try PM to the dev to see if they can assist you too yet?

Honestly no i didn't. i guess i should have tried that first before yapping. Thanks for bringing me back from fudiville. I did wait 4 days before yapping though, so that should be worth something Grin
446  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [CBC] CashBet Coin Pre-Sale Sale Live on: April 12, 2018, 03:53:48 AM
i know this is still going thru public sales but if am not mistaken some ppl received their coin as far back as in January. Anyway, wondering if this is the same coin that is listed on graviex
447  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Hawala.Today | IFS | P2P CASH-CRYPTO | BOUNTIES | NOW TRADING ON KUCOIN!! on: April 11, 2018, 05:57:25 AM
i wish i visited hawala BTCtalk thread before sending my token in for the coinswap to ifs. I was just going thru my old bookmarks and saw an announcement for the coin swap and just sent the old coins in immediately. it's been 4 days and am yet to receive the new coins. Oh well, it was just airdropped coins but it was worth approx $250 and that was two weeks grocery there.
448  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🔥 [ANN] [Bounty] [Airdrops] Quark | PoW/PoS + Masternodes 🔥 on: April 09, 2018, 06:19:05 PM
so presale is your roadmap ? and website too ?
you must be kidding right ? seriously,you are a single developer right ?
there's no way you have another team member if you can not build a website.
truth to be told,what is Bitsolo goal ? creating project to collect other people money ? or something else ?

If you look at all of the other previously dropped/scam MN coins, this falls right in line.

What are u talking about .. I love this they are totally upfront about scamming their customers Smiley

Whitepaper not even on the list lol Smiley Ye f*ck it who needs functionality usability or real world application ITs a MAsternode coin dude .. !! that in its self should give it like 200-1000 million marketcap!!

40.000 % roi how can i lose im going to be rich ..  NOT  it has a %tage allright.

its 100% grade A Garbage.

Anyone investing in this will be Scammed by the Devs  Dont fall for it again people just Stay the Fu*k away from these scammers.



Lol, why even bother with this sheeps? most of them are glutton for the pain. They love been lead to the slaughter house
449  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Akroma - Cryptocurrency. Smarter. (Smart Contracts. Masternodes. Oracles.) on: April 09, 2018, 04:42:20 PM
Yes Masternodes started, working fine  Grin
Same here! So damn lucky I got a masternode before the price and difficulty increase.  Keep up the great work Akroma team.

Yep +30% in 4 days. not to bad...

How much AKA are locked in Masterndodes and Dev-wallet regarding to the total supply?

quick maths: ~50% ((2'250'000 + 250'000?) / (545'000 *10)
not bad, isn't it?

 Grin don't get to comfortable. Just wait till the asic miners arrives. ha!
450  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AGENA - Autonomous Smart Masternodes // Low Supply // No ICO // MNO on: April 09, 2018, 08:47:56 AM
The moment you realize that most of the coins on graviex is shit scam masternode coins that were created in the last three months. And with a lil research you find out that 50% of the devs associated with the aforementioned coins have abandoned the project already. SMFH. Greed has a way of destroying a great idea. This parasites are cancerous to the crypto scene.
451  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AEVO] Aevo - Masternodes | PoW/PoS | High MN ROI | DarkSend on: April 09, 2018, 08:35:55 AM
Nothing to see here!!! You can wrap a giant turd in shiny papers, doesn't stop it from been a giant turd.
452  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Minereum - First Self Mining Smart Contract on: April 09, 2018, 01:09:51 AM
 I was a member of the MNE hopium club. I had a chance to sell at $8, i literally watched the pump occur after the ART announcement but got sucked into the BS and missed that train. Anyway, i ended up selling for $0.6. Just realize that supporting this crap is akin to getting on the short bus, the dev could give a fuck about you and is currently not coding anything that is worthwhile. You will be waiting on that MNE app till you turn grey. The muthafucka is just waiting for another bull run to reappear and make some major announcement that he doesn't plan to uphold which will enable him to con others out of their hard earned BTC. Simple as that.
453  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SEM] Semux - Official Thread - Airdrop to ETH holders soon 🚀 🚀 🚀 on: April 08, 2018, 05:44:42 PM
It’s really loss airdrop! I lost more on commissions to transfer to mew. Need to know before such shit airdrop.do not make people laugh with that 1sem for 2eth

seriously ?
are you retarded or something like that ?
did they ask you to participate the airdrop ? and also how much is the fee ?
if i remember it correctly,it's only around $0.008 for standard fees and $0.003 for low fees.
of course it's a huge loss for you if you are splitting 1 ETH to 1000 Address.

FYI the price went down to around 15.000 satoshi because of this airdrop,
do not be stupid.

I could have sworn you were buying coins for 11 sat all of last week, now he is stating that the price went down to 15k sat because of this airdrop. Am going to bump my last message for any new prospective member thinking about joining this endeavor . Don't let a few select individual lure you into paying a price that does not reflect the current market value

and you should have known that i bought a lot coins for 20 sat right ?
he said something stupid like that but you were angry to me ?
something wrong with me ? or you have a problem with me ?

if you are selling this coin @11.000 satoshi,then you can contact me right here and right now.
do not talk bullshit.
there're noone selling it that low right now and some people started to sell their SEM on @25.000 satoshi.

 Dude am not saying his statement is right. That is just a dumb ass and really doesn't deserve an answer. But you misconstruing the price is also not good. You made it seem like the lowest price of the coin is 15k due to the airdrop and am on discord and can see that you paid 11k  yesterday. So this act of trying to get new investors to pay a price similar to the asking price when btc was at $19.5k is absurd. No one knows when this bear market will end and the coin is bound to head to an exchange.

 Anyway, like i mentioned before, if you currently willing to pay more than 10ksat for a coin that was going for 20ksat when BTC as at 19.5k then you a fool. you can either be wise about your investment or be a sheep and let a few individuals convince you to pay a price that does not reflect the current market value.

 Oh by the way no one is selling their coin for 25k sat, listing the price as 25k sat and someone buying it is two different thing. the current price is 12-13K and that's still absurdly overprice esp since the price was 20ksat when BTC was at $19.5k and now BTC is trading at $6800K, but left of to you guys you rather fool the newcomers
454  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SEM] Semux - Official Thread - Airdrop to ETH holders soon 🚀 🚀 🚀 on: April 08, 2018, 04:21:15 PM
It’s really loss airdrop! I lost more on commissions to transfer to mew. Need to know before such shit airdrop.do not make people laugh with that 1sem for 2eth

seriously ?
are you retarded or something like that ?
did they ask you to participate the airdrop ? and also how much is the fee ?
if i remember it correctly,it's only around $0.008 for standard fees and $0.003 for low fees.
of course it's a huge loss for you if you are splitting 1 ETH to 1000 Address.

FYI the price went down to around 15.000 satoshi because of this airdrop,
do not be stupid.

I could have sworn you were buying coins for 11 sat all of last week, now he is stating that the price went down to 15k sat because of this airdrop. Am going to bump my last message for any new prospective member thinking about joining this endeavor . Don't let a few select individual lure you into paying a price that does not reflect the current market value
455  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ❤ Medic Coin ❤ Folding@Home GPU Mining Masternode Coin on: April 08, 2018, 10:47:22 AM
You can't be on the cusp of innovation and at the forefront of technology if you're wearing blinders. If you don't have an exploration program where you're exploring your world here on Earth, underwater, and in space, then you're wearing blinders and handicapping yourself.

8 years ago (2010), I first heard about bitcoin.  I argued with a lot of people that bitcoin is a scam, a joke.  How bitcoin is valued? $1, $10, million $$$? Nobody would use bitcoin because we have everything i.e. credits card, bank wire transfer, ACH, Western Union ... Now let's look at bitcoin! thousands of alternative coins also keep rolling out.  If I wasn't stubborn, shortsighted, I would be a millionaire now.

What did I learn from bitcoin? Don't blindfold yourself and keep your eyes open.  If you don't understanding and see future of something, keep your mouth shut.  God gave you 2 eyes, 2 ears but only one mouth.  His intention is clear, we should see & listen more than talking sh** stuff.

Yes, you're right. If I wasn't stubborn that time, I would be a millionaire too.

Yes, open minded is always good.

 Lol the creator of bitcoin didn't take a huge premine for himself then turn around and give a ridiculous roi to MN holders to maintain the facade. Like i said in earlier pages, this is just a con to make a quick buck wrapped in a fancy package. When anyone tries to discuss the parameters with the op he goes berserk. I also looked up the physician listed and tried to reach out to him and there was no response.  Am not a telemarketer, i wasn't trying to sell him anything. No matter how busy he is, if he really gave his name to be associated with this endeavor then he should know that ppl will want confirmations. The law would love to have an individual to hold responsible when it all goes to shit.  Am not a fan of Icos but like the legendary member stated, i was doing a diligent research for the community.

 So, with that HUUUUUGE premine and the ridiculous roi attributed to Masternode holders, this coin has no chance of staying viable. Though am sure that's the creators intention anyway, the idea is to make a quick buck fast, then abandon the project down thee road.  the whole folding at home is just the gimmick i.e a piece of turd wrapped in shiny paper.
For those of us that actually work in the medical field, we can read thru the bs.
456  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SEM] Semux - Official Thread - Airdrop to ETH holders soon 🚀 🚀 🚀 on: April 08, 2018, 07:34:50 AM
don't fall the price on otc...
stop panic sell.
eth airdrop it's only one time, and 2 eth : 1 semux !!

 Grin Grin

I agree, the price was dropped to the very bottom. Waiting for an airdrop the price was dropped to 8-10k satoshi. And after they saw the ratio of semux/ ether 1:2 immediately appeared ads sale for 20-25k. Probably the majority really assumed that an airdrop for 1 ether would give much more than 0.5 semux.



I was also waiting for way better ratio than 2 eth to 1 semux but it didn't trigger price rise.

Still people are not offering more than 12k per semux. But sellers started to ask more. So we will see the outcome in a couple of days.

 LOL!! I guess you guys are oblivious to the fact that we currently in serious bear market. Wasn't this coin going for 20ksat when BTC was selling for $19.5K. Now BTC is trading at $6800 and ppl are complaining that the price fell to 12Ksat. SMFH!!  You  lucky this is not listed on an exchange. Any individual currently willing to pay more than 10Ksat for a coin that was trading at 20Ksat when BTC was trading at $19.5K is a fool.

  Regardless of the tech attached, the coin is untested in a real market, and i can count several great coins written from scratch that is listed on an exchange and none is immune to BTC fluctuation. Each coin has recorded at least 70% loss in value from it's price when BTC was at $19.5K. So, you can either be wise or be a sheep and let a few traders tug at your gullible mind and convince you to pay a price that doesn't reflect the current market.
 
 I should state that i own a sizeable amount of this coin, and though it's in my best interest to encourage the charade and lure gullible minds to pay a steeper price, i can't do that in good conscience cos no one know when this downtrend will stop. We might end up staying in this bear market for awhile and the coin is bound to end up on an exchange. I can't encourage someone to buy a coin close to it's trading price during the heavy bull market run of December, especially when this price is decided by few select individuals in an OTC environment.
457  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PSD][SCRYPT][PoW]🔥🔥🔥 Poseidon 🔥🔥🔥 📀📀 Giveaway 📀📀 Web Wallet 📀📀 on: April 08, 2018, 04:21:56 AM
I am very confident that your project will succeed because I see in the announcement of the project is very promising and I will see the progress before I enroll myself in bounty twitter from this project
 Cheesy Cheesy

 You know kissing ass won't earn you any extra coins Grin While you at it how about you make the comment on the right ann, this is an old ann for the old coin.
458  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ALQO] PoW/PoS 0,17% Premine | ZeroCoin Protocol | 1-Second-TX | Governance on: April 07, 2018, 05:01:24 PM

could you expand on this more? also there is no vote?
is the mining reward going to be halved + dev fee from mining in order to double the masternode rewards?
what reasoning is there for masternode operators to not dump their rewarded coins?
I think that if staking was introduced now it would give miners incentive to hold their coins and accumulate for masternodes instead of dumping because they would be rewarded along the way.

full disclosure i am a miner, however i havent dumped any coins and im not sure what miners would at this point (coin value is too low) so i dont think its that driving the price down. if i were to mine coins just to dump for max profit and not speculate for long term gains, i wouldnt be mining alqo.

was not around the last 2 days - so wasnt able to answer your question sorry.

The reward scheme will be changed to MN:Miners:Devfee : 60:35:5%.

There is always the other side of a coin. From a Miners perspective this change is bad. For Masternode owners its good. The community (at least a decent part of it) reached out to the devs to do something against the dumping of coins. They were not convinced if it makes sense to distribute the rewards differently as they would be anyhow created and prone to be dumped into the market.

Nevertheless with the impression in mind that miners are more likely to dump, as they have to cover their expenses, compared to the masternode owners who are less likely to dump (they will do it too - thats for sure) we've decided together that a slight shift of rewards from miners to masternode owners might be beneficial to the overall "sell pressure".

I know of a couple of miners who mine for the long term hold but most dont. Most miner simply mine to make profit - well thats business and they cannot be blamed for it.

  So you believe that an individual who has a daily expense to cover is more likely to dump in a bear market and possibly take a loss than an individual who has zero expense. Like you said there is always the other side of the coin.

  Anyway, am really active on all your social sites and am not sure about that (decent community input) quote. Sure i saw a few ppl complain but it would be absurd to claim that it was a majority of the community. The least you could have done was to take a vote. You use it for everything else but in this case choose to take matters into your hand. Anyway, this won't stop the dump in the long run, if anything you just made it easier cos MN owners don't give a fuck about the current price and how it affect their earning, it's always 100% gain for them.
459  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ALQO] PoW/PoS 0,17% Premine | ZeroCoin Protocol | 1-Second-TX | Governance on: April 06, 2018, 11:12:47 PM
The community reached out to us, that Miners should receive less in order to stabilize the Price and Network which is lead by Dumping Miners right now. After this we decided to double the Masternode Rewards and take the Developers Fee from the Mining stake. Update this week.

could you expand on this more? also there is no vote?
is the mining reward going to be halved + dev fee from mining in order to double the masternode rewards?
what reasoning is there for masternode operators to not dump their rewarded coins?
I think that if staking was introduced now it would give miners incentive to hold their coins and accumulate for masternodes instead of dumping because they would be rewarded along the way.

full disclosure i am a miner, however i havent dumped any coins and im not sure what miners would at this point (coin value is too low) so i dont think its that driving the price down. if i were to mine coins just to dump for max profit and not speculate for long term gains, i wouldnt be mining alqo.

The reason for mn owners not to dump their coins is the reward they get for providing their mn - simple as that. As a miner you normally have the profit/loss ration in mind when mining (meaning: investment vs. output). So if you would be interested in SHORT TERM profits it would make no sense to run a mn. The miner on the other hand can sell anytime he's in the green.

On another topic: what's up with the three stage update? There will be another ANN, when it is rolled out, right?

thats kind of what i was getting at with the masternode profits, theyre still profits that can be sold off (not talking about the 10,000 xlq required to hold the node). in this case theyre just moving reward from one userbase to the other, miners to masternode holders. profits are profits whether theyre earned from mining or a masternode and could be dumped just the same.
This is why i suggested that if staking was implemented sooner it would give miners an incentive to hold onto the coins they have mined.

not to mention at the current price i dont think miners alone can be blamed for the continuing decline, i cant imagine anyone would mine XLQ to sell at these prices (im hodling what ive mined over the past few months).

im not saying their decision to increase MN rewards and reduce miner reward is right or wrong. just opening discussion on why this change might not have the outcome they intended and trying to figure out how this will affect things long term.

also why wasnt this decision put to a vote?

that makes absolutely no sense. if an individual has enough to run a masternode, he or she has no incentive to hold on to his rewards unless he is trying to save up for another masternode and even in that situation, if someone wants another masternode, they more than likely to buy the bulk of their coin of the market cos waiting to save up for another masternode strictly of MN rewards will take a really long time. So if anything a Mn owner is more inclined to sell cos they not taking any loss if they already have their MN. It's all gain, while a miner has to take account of the current spending to make sure they earning a profit and if BTC prices keep falling and the market continues on the downtrend with time their profit will be heavily affected to where they not so inclined to sell while a MN owner has little to no cost. Just the cost of maintainin the VPN if they are using one.

agreed. maybe alqo team has no mining rigs and wants more reward from the masternodes they hold...

I really don't think that's the reason. I don't know wether the team is mining or not, but they deserve some credit for their work done. Sure there is the dev-fee now, but running an exchange and listing on other exchanges + paying devs and community members is expensive.

to be honest, i think if there would have been a vote, the change sure would be accepted. (MN are by far the largest holder)


We go around touting an affinity for decentralization, but stay mum when the dev decides on such an important change without an input from the community. My guess is the the crew own the highest amount of masternode in the community. however, the coin would be nothing without the miners. Anyway, the players will just switch their game format, it's actually cheaper to accrue thru MN but i seriously believe the jump in price is temporary.
460  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ALQO] PoW/PoS 0,17% Premine | ZeroCoin Protocol | 1-Second-TX | Governance on: April 05, 2018, 08:49:16 PM
The community reached out to us, that Miners should receive less in order to stabilize the Price and Network which is lead by Dumping Miners right now. After this we decided to double the Masternode Rewards and take the Developers Fee from the Mining stake. Update this week.

could you expand on this more? also there is no vote?
is the mining reward going to be halved + dev fee from mining in order to double the masternode rewards?
what reasoning is there for masternode operators to not dump their rewarded coins?
I think that if staking was introduced now it would give miners incentive to hold their coins and accumulate for masternodes instead of dumping because they would be rewarded along the way.

full disclosure i am a miner, however i havent dumped any coins and im not sure what miners would at this point (coin value is too low) so i dont think its that driving the price down. if i were to mine coins just to dump for max profit and not speculate for long term gains, i wouldnt be mining alqo.

The reason for mn owners not to dump their coins is the reward they get for providing their mn - simple as that. As a miner you normally have the profit/loss ration in mind when mining (meaning: investment vs. output). So if you would be interested in SHORT TERM profits it would make no sense to run a mn. The miner on the other hand can sell anytime he's in the green.

On another topic: what's up with the three stage update? There will be another ANN, when it is rolled out, right?

thats kind of what i was getting at with the masternode profits, theyre still profits that can be sold off (not talking about the 10,000 xlq required to hold the node). in this case theyre just moving reward from one userbase to the other, miners to masternode holders. profits are profits whether theyre earned from mining or a masternode and could be dumped just the same.
This is why i suggested that if staking was implemented sooner it would give miners an incentive to hold onto the coins they have mined.

not to mention at the current price i dont think miners alone can be blamed for the continuing decline, i cant imagine anyone would mine XLQ to sell at these prices (im hodling what ive mined over the past few months).

im not saying their decision to increase MN rewards and reduce miner reward is right or wrong. just opening discussion on why this change might not have the outcome they intended and trying to figure out how this will affect things long term.

also why wasnt this decision put to a vote?

that makes absolutely no sense. if an individual has enough to run a masternode, he or she has no incentive to hold on to his rewards unless he is trying to save up for another masternode. Even in that situation and they wants another masternode, they more than likely to buy the bulk of their coin from the market cos waiting to save up for another masternode strictly of MN rewards will take a really long time. So if anything a MN owner is more inclined to sell cos they not taking any loss if they already have their MN. It's all gain for them, while a miner accrue daily cost and might not be so willing to sell if they not making a reasonable gain.
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