I am here for longterm .... a strong bealiever in insane .... love insane
Welcome to the Insane community.  |
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Ya theres no worry about hyperinflation if those are the type of stakes. (Actually am going to have to get me a bigger bag if the price drops again).
Lol. I do the same. I buy some every time the price drop.  I think that everybody doing same game here 😀 I've read that soon INSANE POW phase is over, how you guys expect that this will affect the price? I think that price will go up, as no more coins from mining will be available,but maybe I'm wrong.... thoughts? The POW phase will be over at block #14,000. The payment per block for POW is only set at 50 and blocks only come around every 8 minutes. The people mining are probably selling immediately but it would only have a negligible effect on the price. |
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One of these times its not going to recover though. It's just a fact with altcoins.
I wouldn't bet on that. This is a pure POS coin. POW coins rely on miners and dies as fast as the mining is no longer profitable. POS coins have a completely different dynamic. If you look at the historical stats of POS coins you'll see what I mean. There are a lot of POS coins launched in 2013 or 2014 and still performing great, most of them despite the lack of strong teams behind that. I agree if you look back to OLD coins. But there is barely any new high pos rate coins that are keeping there heads above water. But once you get a few people making 100k in stakes a day it only takes days/months for the money supply to rise to a point that no one wants it anymore. Low rate pos coins that merely have pos to push the chain are good but staking monsters are a diseased coin waiting to die :/ FOR MOST. like you said theres some old ones that have survived and a few new ones that are pushing forward. Also, 2.85 million of 22.1 million total coins were sent to the burn pile on December 1st. The burnt coins will never change the amount of coins showing up on the BE or at Coin Market Cap but they will push down future inflation. The reason is because they will never gain any POS returns that could end up trading on an exchange. That means a clean 17% - 18% of the coin supply will never see POS returns again. |
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Love the hype type. Sad part is no matter how good the coin someone will eventually dump
Some coins take a little longer to reach the point where the they have been dispersed enough that any one person dumping doesn't change the price that much.. or the market simply and quickly absorbs it. We will get there eventually.  |
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I want to bridge some of the information from the closed thread to make sure everyone is clear on what happened. We sent roughly 3.85 million Insane coins to burn address on December 1st which effectively reduced the amount of available coins by about 17%. The following are the burn address and balances which are marked on the block explorer for public inspection. The burn reduced the available coins from roughly 22,100,000 to 18,250,000. http://insanecoin.thecryptochat.net/
Current balance on the block explorer : 22,156,372
Burn addresses total balance : 3,851,862
Insane Coin actual available balance : 18,304,510Burn address #1 Balance 411112.11111111http://insanecoin.thecryptochat.net/address/ia1TheseCoinsAreDestroyedXXXag2RaBBurn address #2 Balance 411112.11111111http://insanecoin.thecryptochat.net/address/ib2TheseCoinsAreDestroyedXXXWeJe5JBurn address #3 Balance 411112.11111111http://insanecoin.thecryptochat.net/address/ic3TheseCoinsAreDestroyedXXXZgJvjZBurn address #4 Balance 411112.11111111http://insanecoin.thecryptochat.net/address/id4TheseCoinsAreDestroyedXXXTxRgDzBurn address #5 Balance 411112.11111111http://insanecoin.thecryptochat.net/address/ie5TheseCoinsAreDestroyedXXXXmzsDwBurn address #6 Balance 411112.11111111http://insanecoin.thecryptochat.net/address/if6TheseCoinsAreDestroyedXXXTYV1YrBurn address #7 Balance 411112.11111111http://insanecoin.thecryptochat.net/address/ig7TheseCoinsAreDestroyedXXXZez5MJBurn address #8 Balance 411112.11111111http://insanecoin.thecryptochat.net/address/ih8TheseCoinsAreDestroyedXXXYf9CT3Burn address #9 Balance 562966.09111111http://insanecoin.thecryptochat.net/address/ii9TheseCoinsAreDestroyedXXXbLUzgL |
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I witnessed another spoiled yobit ico sold out for 25 btc. Many lost I guess and that's totally INSANE. They should have invest here instead..its much easier to view decent profit here.  Yup, the original Trump Insane (before the Insane rebranding) was an airdropped coin. There aren't a ton of coins out there that were given out for free that find a niche.. we seem to be on the right path. |
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Insane got takeover? I see people shilling on Yobit for no reason
No, this isn't a takeover.. We just started a new thread that will have more of a INSANE Team concept. We want to make sure that it is known that INSANE is community based and no one person is running the coin. We are a team. Nothing has changed since yesterday. |
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mad at around 300 sat in the next 18 hours
There is a 0.20 BTC sell wall @150 but sure doesn't look like much to stop it from moving to 300 after that wall is taken out. |
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3.7 Million Insane Coins - In Memorium NotNormals decided that the burned up
Insane Coins needed a proper send off |
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Hello, I am notnormals, the notnormal part of the insane team.
And I hereby stake my claim to this little bit of the thread, I plan to make my home here and prospect the plot for insane.
I am just INSANE... I will leave it at that. |
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No Devs here. I suspected that the link would not be updated. The link to the checoin explorer is simply just an incorrect link to the Insane explorer on the Yobit coinsinfo section. I sent a support ticket to Yobit for them to change the link to the correct explorer link. http://insanecoin.thecryptochat.net/The Crypto Chat is also hosting the Checoin explorer.. that might have been the problem, not really sure. http://checoin.thecryptochat.net/Also, The Crypto Chat has done a bang up job of hosting the explorer and I have seen no noticeable downtime. I am paying for it out of pocket but don't really mind because it is only $6.50 a month (cheaper if you pay in bulk months) . If you are in need of a block explorer please contact CryptoChat and he will hook you right up. https://thecryptochat.net/or CryptoTech on Bitcoin talk https://bitcointalk.org/index.php?action=profile;u=397698**Update**The link on Yobit has been fixed and now goes to the correct Insane blocked explorer link |
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New INSANE Crazy wallet will be released in the next few days, I am about half way through it at present Awesome!! Do you have a teaser pic for us to chew on? Insane crazy wallets are INSANE!!! Yes, i have something for u to calm ur knees.  The current state affairs here: |
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New INSANE Crazy wallet will be released in the next few days, I am about half way through it at present Awesome!! Do you have a teaser pic for us to chew on? Insane crazy wallets are INSANE!!! |
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Well said kisleave, we can purchase more insane
And its profitable now has the price is not yet stable it goes up and down so I buy and sell for a profit
And do that over and over again. Insane is making me money
I love insane coin.
Nothing wrong with making a profit with Insane Coin. Here is to higher highs and higher lows INSANE!!! |
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