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HYP was made from a dead coin; it's quite a different situation
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Hello everyone, I've been accumulating and staking MMXIV for about a month now and I really like the coin but i'm not liking the discussion going on in here.
Correct me if i'm wrong but from the sounds of it you want to take a decentralized crypo-currency and centralize it.
-You want to distribute the wealth to a few (The MMXIV Elite)
-then the Elite are the only ones that can create the currency
-the Elite control the money supply therefore the price
How is this different from the currant fiat system?
The whole purpose of crypto is to offer something better than currant fiat system.
I say leave it the way it is and look for ways to move a head, not back.
Anything like that would be on their own. MMXIV itself will remain unchanged; anything else is just a discussion on how these guys want to use their stash of it |
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I vote to leave MMXIV alone. Let them create a whole new coin. Don't screw with this one now...
All that would do is lower the supply of MMXIV, making each one not swapped worth more. It wouldn't be a bad idea and gives a fair point of distribution at a stable price without an ICO Why do all ICO's have to be based off BTC with the dev pocketing the funds? Why can't another coin ICO off MMXIV and destroy all the funds raised instead? |
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If you guys just want your own MMXIV fork with a coinswap and destroy the original MMXIV that's traded over, that's very simple to do. I can give you the coin and handle a swap that is in a reasonale timeframe, but doing anything with it after that would be up to you. The coin wouldn't break, but the promo stuff is not something I can take on
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Creating a new chain and allowing a swap from MMXIV to the exclusive chain would be ok. All swapped MMXIV would be destroyed, obviously. That's an easy alternative. If I did it that way, I would do the swap first, figure out how many are being traded, then premine the exact amount and distribute. That way the swappers would control the supply, or lack of, not me I'm not sure what the reason for a new chain would be other than exclusivity. If that's what you're looking for, just buy every MMXIV  I don't need, or want, to run an ICO, though, in which anyone keeps any funds. Anything raised would need to be destroyed for me to even consider an idea DUDE....!!!! i hope you noticed?  ? you got spots! i would say before embarking on a endeavor of any kind it would certainly be best to have a full and very precise game plan! for now the MMXIV is still open to all that can afford it. in other words its open to every tom dick and hairy woman on the planet! sure the major stock holder is important and has alot of reasoning behind what he is saying but even if i agree with him or more then him it is still something to pass the common censorious prior to making any more..... meaning having a royal flush already in hand before you make the bet! VEGAS----- fine tuning your ideas and making a solid game plan would only help thing and im so sorry your from vegas........when you need a break come on up to Reno and we can chat!!!!!! Well this is his idea, not mine, really, but I'll help anyone do whatever they think will help raise the value if it's a reasonable plan |
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Creating a new chain and allowing a swap from MMXIV to the exclusive chain would be ok. All swapped MMXIV would be destroyed, obviously. That's an easy alternative. If I did it that way, I would do the swap first, figure out how many are being traded, then premine the exact amount and distribute. That way the swappers would control the supply, or lack of, not me I'm not sure what the reason for a new chain would be other than exclusivity. If that's what you're looking for, just buy every MMXIV I don't need, or want, to run an ICO, though, in which anyone keeps any funds. Anything raised would need to be destroyed for me to even consider an idea |
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The easiest way would just be to offer a Snowball with a pre-compiled daemon and not post the source code. Otherwise people can just compile themselves. Building unique id's into the device to update the software only if purchased is easy, but trying to limit that in the blockchain I don't think is a good idea. Systems need to be built to scale from day one, not have roadblocks
You would only then be able to run the wallet through the webui initially, but people could just pass the daemon around and run it on desktops, too
I guess I understand the basics of what you're saying, but I think people will feel excluded and talk a lot of shit
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Im trying to word this right without sounding egotistical, but it needs to be said. When small wallet holders dump cheap to "make a few bucks", it hurts everyone in the coin, and it devistates those at the top that have risked thousands and thousands of dollars. Please if your just here to make a few bucks a day to suppliment your fixed income, please dump and be done, this coin is not for you. Im going to say this gently,"go in hard or GTFO".
Vegas
Small wallet holder here. I buy when I think it's cheap, and I sell when I want to take profit or think I can buy it back later for cheaper. I will never make or avoid trades for the purpose of not devastating larger holders. I trade for my personal profit, playing the swings, without the slightest consideration to protect the questionable investments of larger players, or anyone else for that matter, which if large holders are "devastated" by small wallet dumpers, then the investment is definitely questionable in my opinion. Risking thousands of dollars that you would be "devastated" to lose, is idiotic in my book, and I'm not in the business of making futile efforts toward protecting idiotic investments of other people. The sentiment that people should make trading decisions based on protecting other people's interest is ludicrous. Trading is a competitive activity, like poker... with everyone looking to make profit for themselves, more or less at the expense of some other traders. I started out buying 1 MMXIV coin. I sold it for double what I paid, then bought 2x as much when the price came back down. I've done that several times over, earning back my original investment in BTC, plus I now have over 7 coins that are "freeriding", most of which are for sale at over 0.07 on the book, but I would sell them at any cheaper price if I became convinced it was in MY best interest to do so. Zero fucks given whether this coin is "for me" or "not for me" or who it's "targeted for". I will continue to trade and sell at whatever prices I think are most profitable FOR ME... just like everyone else, probably including yourself. umad bro?  We aren't really talking to people who are trading $20 bills. The big holders staking 50 a day and instead of compounding and using the coin properly like Fred does are the ones fucking it up Piddly day trades are better for big holders, too. People not staking coins and leaving them on exchange increases our holdings, percentage-wise, since 5.5% daily (compounding) stake will always > network inflation Hey, if my piddly trading activity is helping others is some way, that's awesome by me. But my point is that it's not a good idea to invest heavily when the success of your investment relies on other people to behave altruistically, and it seems quite silly to me to implore people to do so. You must always expect that people are going to act in their own self interest, often stupidly to their own detriment, but regardless, it's pointless to ask them to do otherwise out of concern for others... at least when it comes to trading. There's a difference between asking people not to trade and showing them the math on how they can make more by staking |
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Im trying to word this right without sounding egotistical, but it needs to be said. When small wallet holders dump cheap to "make a few bucks", it hurts everyone in the coin, and it devistates those at the top that have risked thousands and thousands of dollars. Please if your just here to make a few bucks a day to suppliment your fixed income, please dump and be done, this coin is not for you. Im going to say this gently,"go in hard or GTFO".
Vegas
Small wallet holder here. I buy when I think it's cheap, and I sell when I want to take profit or think I can buy it back later for cheaper. I will never make or avoid trades for the purpose of not devastating larger holders. I trade for my personal profit, playing the swings, without the slightest consideration to protect the questionable investments of larger players, or anyone else for that matter, which if large holders are "devastated" by small wallet dumpers, then the investment is definitely questionable in my opinion. Risking thousands of dollars that you would be "devastated" to lose, is idiotic in my book, and I'm not in the business of making futile efforts toward protecting idiotic investments of other people. The sentiment that people should make trading decisions based on protecting other people's interest is ludicrous. Trading is a competitive activity, like poker... with everyone looking to make profit for themselves, more or less at the expense of some other traders. I started out buying 1 MMXIV coin. I sold it for double what I paid, then bought 2x as much when the price came back down. I've done that several times over, earning back my original investment in BTC, plus I now have over 7 coins that are "freeriding", most of which are for sale at over 0.07 on the book, but I would sell them at any cheaper price if I became convinced it was in MY best interest to do so. Zero fucks given whether this coin is "for me" or "not for me" or who it's "targeted for". I will continue to trade and sell at whatever prices I think are most profitable FOR ME... just like everyone else, probably including yourself. umad bro? We aren't really talking to people who are trading $20 bills. The big holders staking 50 a day and instead of compounding and using the coin properly like Fred does are the ones fucking it up Piddly day trades are better for big holders, too. People not staking coins and leaving them on exchange increases our holdings, percentage-wise, since 5.5% daily (compounding) stake will always > network inflation |
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Im trying to word this right without sounding egotistical, but it needs to be said. When small wallet holders dump cheap to "make a few bucks", it hurts everyone in the coin, and it devistates those at the top that have risked thousands and thousands of dollars. Please if your just here to make a few bucks a day to suppliment your fixed income, please dump and be done, this coin is not for you. Im going to say this gently,"go in hard or GTFO".
Vegas
If you're at risk of being devastated by someone dumping the coin then you have probably over-extended yourself. Do you buy shares of stock in companies and then go plead for people not to sell shares on stock trading boards? Same thing. People invest in coins (and stocks) for various reasons and with various strategies. It's nice for you to hope everyone has a buy and hold strategy but the reality is that not all are on that page. Some are happy with a 20% return. There are probably plenty of people who picked up M coin for pennies and are now dumping for a 10x gain or more. This may be short-sighted in your opinion but they are locking in profits which is never bad. The market is what the market is, get used to it. First I dont over extend myself, I dont ever play with what I can't lose. What Im saying is that there are HUNDREDS of choices of coins out there. I believe MMXIV is very special, and targeted to a FEW high end players. Im hoping to gather a community of holders that are on the same page. Players that have a long term hold strategy, and are in it to raise the price. When the price went over .03 btc last night, I didnt sell, I BOUGHT, because my interest lies in the coin and the top holders, and the I want to see the price go as high as possible and see everyone that is very serious about this coin enjoy the rewards for their risk and trust. Yes, Im trying to filter the penny players, and create a community of like minded holders that are in it for big profits. Ill do whatever it takes to make that happen. The good news is I know most of who are the top 10 wallet holders, and that is why I want to try to make this coin special, because they are holders and pumpers, and are like minded, and understand money. If it means I have to control most of the coins to control the price, then whats what I will do, because I don't dump, not even at .039. Don't doubt for one second that I can't. If my statements offend you, then im talking about YOU. Vegas Hmmm... this kind of gave me an idea.. @Spots.. in the future what about creating a coin where YOU handpick the walletholders, and YOU email the wallet to those that have performed the best with MMXIV, hold the most and worked to promote the coin and raise the value. It might be something similar to MMXIV, but it would be private, and people that would want in would have to email you and request permission and a Wallet. It will NOT be public, but traded publicly. Perhaps it would be based on performance of mmxiv wallets. Maybe they would need to be invested in MMXIV for atleast 3 months and a wallet review before approval. Maybe call it "MMXV" ..LOL. This will make it VERY elite and very hard to get into, and raise the price of MMXIV at the same time. You can thank me later It wouldn't be hard to do that, similar to what CLAM did with BTC. Why would it be traded publicly, though, if only selected people had wallets? That would require people to leave coins on exchange as their only option, which I advise against Plus with how people react to anything I do, something private like that would have massive amounts of FUD just because people don't like me as a person and nothing to do with the coin |
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If you really want out, people in #MMXIV will buy out big buyers without disturbing the market. There is a lot of combined BTC sittin in there to sweep up floors
I think you take us telling you not to sell as greed. It's actually the opposite. Most of us don't give a shit about day to day price since stake weight is more valuable than BTC. That's our entire point. We want MORE people to stake and make money with us. We all make more when we spread it out
This is the common theme of #MMXIV - Nobody is greedy or they don't last long
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Whoever is dumping every morning...just sell all your MMXIV already. Nobody wants to play with your pennies
If they are indeed "dumping" then you should have no problem picking them up! dunno about whats happend but this morning when i check polo my eyes turn  btw even if the price go up like hell i will keep my mmxiv and stake it like always You are our exact target demographic. People who step over dollars to pick up pennies should find another coin |
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Whoever is dumping every morning...just sell all your MMXIV already. Nobody wants to play with your pennies
If they are indeed "dumping" then you should have no problem picking them up! That doesn't make their trading any less retarded. It's super obvious it's an amateur, or someone with more dollars than sense. We've been making fun of them for days in IRC watching them piss away profits to scoop up spare change |
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I downloaded latest wallet. I'm wondering from which exchange do I need API?
With what exchange my wallet is connected?
Bittrex |
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Whoever is dumping every morning...just sell all your MMXIV already. Nobody wants to play with your pennies
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I'm still looking forward to Maieuticoin to be the same price or higher of BTC!
Really glad I got in early!
Glad some stalkers got in early, too |
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wish I could buy more MMXIV but the price is totally insane  This measly $100,000 market cap is peanuts |
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Back to top 100 on coinmarketcap. Don't trade poorly and fuck it up this time  |
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This is true guys, when you buy it up on Bittrex it raises the value of the coin, and sets the new price.
Vegas
There are a lot of people in IRC holding for a much higher price any luck on the wallet? noticed the old client doesnt have the beloved coin control Coin control isn't active yet in the pretty one, either. It's just there so it's easier to add later if needed |
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wow I loaded and synced the wallet and was ging to buy a bunch of these snowballs, but reading the last few pages of this thread has me a little skepticle.
so it will take 8.8 days ( lets just say 9 days) to earn a stake, is this a correct.
and then if i followed it all correctly you will then be credited a stake for all the days that actually staked in that 9 days all at once?
This is a very confusing situation for a POS coin.
usually I get 8 or so hours to mature then usually the next day or even that day I get a stake, then they usually come pretty regularly (provided you have enough weight, and I usually do)
SO i guess I will just have to wait before I buy, I was going to buy a lot even have ti up and ready to buy, but 2 hours for transfers, then 9 days to see if you can stake, very questionable at this time for me. i can make more trading coins on bittrex right now then a hope of a stake right?
BALLS stakes after 8 days and you get paid for all the days you waited. There's nothing wrong with the coin or system; it's just a transition period while people get used to the new timings (same exact amount of coins as before) MMXIV remains unchanged from the previous protocol |
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