 Show Posts
|
|
Pages: [1]
|
|
Do you know when will be the block reward halved ? I think it should be today, right ?
|
|
|
|
|
It is all Manipulation in Minpal. Be careful . I just tried to withdraw my coins BTC and MINT to Cryptsy, but it is not processed. All my withdrawal requests are pending for 2 hours. Both BTC and MINT. I am not sure if we can withdraw BTC and MINT out of Mintpal !!
|
|
|
|
Do you know how long does it take for mintpal to withdraw BTC. I sold my mint and requested BTC withdrawal, but it is still pending after 2 hours.
I sent a ticket to their support but no answer !
BTC transactions can take longer than that. Use your transaction ID and check the blockchain. If it is just confirming, then wait. No sense bogging down mintpal's support. Now if you don't have a TX ID than you may want to check if they require an email confirmation or what not. It is not sent to the network yet. no TX Id. It is in pending stage. I confirm it through email. But, after two hours nothing happened!! |
|
|
|
|
Do you know how long does it take for mintpal to withdraw BTC. I sold my mint and requested BTC withdrawal, but it is still pending after 2 hours.
I sent a ticket to their support but no answer !
|
|
|
|
I see two cons of this coin:
1- So, I saw the payout is linear with difficulty. Current payout is 109 per block and difficulty is around 10.
So, even if difficulty goes to 1000 which I think takes more than 2 months, the payout will go to around 10,000 which is still very low considering the 250B coins. This will disappoint miners and they will move away and therefore difficulty will stuck and so will payout.
2- Since the payout increases with difficulty, people on exchange sites do not have enough motivation to buy and hold coins because they scare the price will drop because of incoming more coins. I can say the price will be reduced over time rather than increase.
Dev, could you comment on these ?
1 - The supply will meet the demand of the miners. Therefore, the price will not need to compensate, less volatility. 250 B coins is just a number. They plan to change it. 2 - You can say that SYN is equivalent to the amount of electricity used. This coin is much closer to dollar than any other speculative coin. Cryptocurrency was made to become a medium of an exchange of trades and services, rather than speculative investments. I think it is unfair to mine 1 SYN a day just because a lot of people are mining it. You get more coins based on the electricity and machines you have. In my opinion, it is unique and close to dollar. Dollar depreciates in value every year but people still holds it. It did not scare you when you got your 1st pay check, did it? for (1) I think it is better to change to to less value. or they can change the linear formula to much complex formula to calculate payout from difficulty. something that does not have linear relation with difficulty. may be a 1.5 power relation. for (2) it is true that $ depreciates over time, and its why people do NOT hold it and convert to property, stock, crypto, gold, and etc. So, I believe people will not hold Syn and spend it very soon and that creates a rush to sell SYN over time. |
|
|
|
|
I see two cons of this coin:
1- So, I saw the payout is linear with difficulty. Current payout is 109 per block and difficulty is around 10.
So, even if difficulty goes to 1000 which I think takes more than 2 months, the payout will go to around 10,000 which is still very low considering the 250B coins. This will disappoint miners and they will move away and therefore difficulty will stuck and so will payout.
2- Since the payout increases with difficulty, people on exchange sites do not have enough motivation to buy and hold coins because they scare the price will drop because of incoming more coins. I can say the price will be reduced over time rather than increase.
Dev, could you comment on these ?
|
|
|
|
|
Who is going to help on this social network for bitcoin ? Please join!
|
|
|
|
|
Thanks!
I will work on it. The site will have a better theme and design in the next couple of days. It is just the beginning.
|
|
|
|
|
Thanks! please let me know if you have any idea in improving it. I am good at programming and I can develop any good idea.
|
|
|
|
Hi All, I have created a social network site to share news, ideas, and personal experiences on digital currency and especially bitcoin. I know we have several forums for that, but this site is not a forum and is a sharing network where you can share links, news, videos, and your personal experience on bitcoin and other coins. Please help by registering, sharing your ideas, news, videos, and by introducing to others, etc. Here is the address: www.ibitcoiner.com |
|
|
|
|
