First of all, why would you want "Unparalleled control of the machine" for a machine-independent blockchain application ? I'd have thought portability would be more important.

As for "The best programmers.." bit, I think that might be a matter of opinion given what the creator of Linux says about it...


.... you pays your money, you takes you choice 

I wouldn't hold your breath.

Judging by the market depth on Mintpal I would slope off to sleep now.

There's 80,000 CINNI of buy resistance at 1300, rising to 150,000 at 12.

Meanwhile, on the ask side, you need to go all the way back up to 1800 to see 80,000 CINNI worth of sellwall.

EDIT: Overall market depth on Mintpal:

Total Bids: 210,000
Total Supply: 111,000

80,000 buy wall now moved up 50 Sats to 1350.

You are right. No one can be criticised for taking profits while your ahead - doesn't matter what the level.

Congratulations. There are plenty of us who have waited too long and ended up having to bail out way below the buy in price.

Just a reminder.

Current price is around 3800 Satoshis's for comparison with Blackcoin.

Would you care to elaborate on this ? How is the distribution better ?

Also, who is the dev ?

You need to take the coin supply into account. You can't compare prices with other coins directly. It's not as high as it would appear - CINNI is a very low supply so even at a low value it would have a high price.

They did weeks of hard work to get that far.

That pump happened after it finally got accepted on Coinkite. It doesn't just happen by sitting watching the price.

Thats true. There will be a dump, but even if you wanted to check out now, there isn't enough liquidity at the current price for any significant amount.

Doesn't matter. The valuation will rise and a few bubbles will burst along the way until more volume gets into it. The same thing happened when it went to 6500 - it dropped back to 2500 for a while.

Consider this a preview.

Now 18500. People seem think this is the new Blackcoin.

The thing is, there isn't a lot of this coin about. Also some of the Blackcoin people say they are feeling "betrayed" by rat4 helping with the CINNI wallet.

19500 Now

Notice that even though the coin is up 150%, the marketcap is still under a million because the coin supply is so low.

To compare with Blackcoin you need to apply a coin supply factor - in this case 5. (75/15).

So the supply-corrected price (using Blackcoin coin supply as a basis) is actually only 2800 Satoshis. Blackcoin, meanwhile is at 32,000.

Bottom line: CINNI price is currently only 8% of BC's price. So plenty upside available, specially when you consider that Blackcoin has been pumped to kingdom come and CINNI still retains UPC status (Un-pumped Coin).

Lets say than, as a conservative estimate that CINNI could reach 30% of Blackcoin's supply-corrected price. That would be as follows:

32000 x 0.3 = 9600

Correct for supply:

= 9600 x 5 = 48000 Satoshis.

i.e. a 350% rise from here.

You are right.

I just sold the last of my BC for CINNI on seeing CINNI source code in rat4's repository. That plus the 1:5

This has only just been hinted at on the BC forum and I don't think it's sunk in yet but there are rumblings and people are noticing "movement" in the big BC accounts and asking questions.

Any idea what kind of return do you get on stake forging ?

Very well put. I also like the organic and industrious nature of what's going on with the NxT project.

I don't think there's any need to see these various technologies as being in competition with each other. They are all very different and interesting each in their own right.

Etherium is seeking to be a "Javascript" for blockchains - no mean challenge but if anyone's up to it I think Vitalik probably is.

As far as Maidsafe goes, well that appears to be born in my home town so I'm not going write that one off either. I didn't invest in the IPO simply because I only found out about it yesterday and it would have been a panic buy which I've decided to stop doing, there's just so many of them these days. But the project looks quite fascinating.

I hope all these projects are successful, they certainly deserve to be.

Why doesn't CINNI show up on marketcap ?

Seems like it should be sitting around the copperlark area @ around $400,000.

This coin just keeps going...

http://www.youtube.com/watch?v=oWvGlPf-z7I

If it hits zero satoshis the gain will be infinite from then on.

Flash crash.

The thing to do was grab some of the coin in the 1000-1200 region to offset previous losses. It's now snapped back up to 1400 because the coin-elastic stretched to near breaking point.

Market Depth on Mintpal: Whole Ask Volume: 1.7 Million, 0.6 Million on offer.

You can see which direction it's going from here. Price hard packed at 1100.

I agree with the coin supply factor bit, but you've got to add other factors for things like no first-mover advantage.

If you take BTC vs LTC, then that factor would be about 40. So 200,000 / 40 = 5000 Sats is a more realistic minimum valuation. As a max, you could use a factor of 10 for the non first-mover advantage, so that puts the upper limit at 20,000.

5000 - 20,000 is it.

Yes. THere are two whaleys in play at the moment. (Or one who has split their order).

Mini crash happening on Mintpal due to the placing of a 23 BTC sell order @ 1780.

Somebody trying to offload 1.3 million fluttercoin.

Lets follow what effect this has on the market because it may show us where the bottom is. It will also demonstrate how "scared" buyers are and illustrate how solid the 1700 resistence is.