Can someone clarify the confusion?
On the pillar site the ether received shows 108,919
And on the ether scan contract address, it shows 89,006.621751619670130062 Ether
May I know why there is such discrepancy or have I missed something here?
the pre sale maybe. |
|
|
|
We are now at 108,753/264,000. We probably not reach the goal.
What happens to unsold tokens??
Logically, they will be burned, but no confirmation about that. Frozen for 10 years. |
|
|
|
Ok for the holders, but we are not in a proof of stack. They may not give a shit but I don't think the miners give a shit of the big holders ?
I mean no miners no decentralized blockchain ?
You think a holder (soon to be x-holder) who is planning on making their exit cares about the state of the blockchain after they have the required confirmations to move their BTC to dump? I think not. They can dump their BTC for sure. The point here is not to know who's got the bigger.  We are in it because we love it and we believe in it. If we get to this point of selling and stop mining then we closed the business, good night. The doors are closed. What I was thinking is where is the balance in price, there must be a price limit under it is not sustainable to carry on with the chain ? Again If everybody dump then it is finish. I may be wrong but it make no sense to me to see btc going back under $1000 unless he goes back up just after. But I don't know how it worked in previous crash and if it was still ok for the miners to mine at that time. |
|
|
|
I know there is a lot of old bitcoiners here. One thing make me think that we are near the bottom here. Even at very low electricity rate we are now at $4,85 per day reward for mining with 1 S9.
I am sorry but it would make no sense to mine losing money. That would mean Bitcoin is dead.
So can somebody who think BTC is going to $1250 or below explain to me how that would work thinking that at that price every miner is loosing money.
I mean we all love bitcoin but there is a limit I suppose.
Most BTC holders these days are not miners. The don't give a shit whether they ROI or not. Yes, there are some big interests in mining, that may try to prop things up. But I doubt that it's going to be enough. Especially when many of these big mining interest are getting subsidized electricity from China... Ok for the holders, but we are not in a proof of stack. They may not give a shit but I don't think the miners give a shit of the big holders ? I mean no miners no decentralized blockchain ? Things take time. Markets at tops and bottoms always overrun the fundamentals. That's the very definition of top and bottom. You also assume there isn't a next gen miner already deployed and mining for bitmain. No I did not though about next gen. because I assume there is not. True. But thinking of it. It become then much more centralized and this is not the BTC I signed for sorry. |
|
|
|
I know there is a lot of old bitcoiners here. One thing make me think that we are near the bottom here. Even at very low electricity rate we are now at $4,85 per day reward for mining with 1 S9.
I am sorry but it would make no sense to mine losing money. That would mean Bitcoin is dead.
So can somebody who think BTC is going to $1250 or below explain to me how that would work thinking that at that price every miner is loosing money.
I mean we all love bitcoin but there is a limit I suppose.
Most BTC holders these days are not miners. The don't give a shit whether they ROI or not. Yes, there are some big interests in mining, that may try to prop things up. But I doubt that it's going to be enough. Especially when many of these big mining interest are getting subsidized electricity from China... Ok for the holders, but we are not in a proof of stack. They may not give a shit but I don't think the miners give a shit of the big holders ? I mean no miners no decentralized blockchain ? Edit: Even with free electricity there must a point price limit. And if only people or big mining pool with free electricity are the only one mining how decentralized that become then... |
|
|
|
|
I know there is a lot of old bitcoiners here. One thing make me think that we are near the bottom here. Even at very low electricity rate we are now at $4,85 per day reward for mining with 1 S9.
I am sorry but it would make no sense to mine losing money. That would mean Bitcoin is dead.
So can somebody who think BTC is going to $1250 or below explain to me how that would work thinking that at that price every miner is loosing money.
I mean we all love bitcoin but there is a limit I suppose.
|
|
|
|
I just heard that quote: " If you've not been throught a crash with BTC then you are not a Bitcoiner yet." I guess I am becoming a Bitcoiner. Cool. It can drop more... I am not scared at all. By the end of summer we will be back at $2900. And looking UP. Summer 2020 or 2021 that is. uh!... I was expecting by the of this summer. ^^ Is that not enought of a crash to become a Bitcoiner ? I just heard that quote: " If you've not been throught a crash with BTC then you are not a Bitcoiner yet." I guess I am becoming a Bitcoiner. Cool. It can drop more... I am not scared at all. By the end of summer we will be back at $2900. And looking UP. Let me guess, you are all in with .05 btc? Bad guess. Started with 0,8 BTC in Cryptos in October 2016. Had 3 BTC start of June and I ordered 1 S9 and 1 L3+ when BTC was $2600. Still hold some BTC even if it is not a lot, still I invested some money in it. And I did it to support BTC seen the situation we are in with the Chinese miners, pools, and others.... I could have gone for profit but I didn't. I think long term. |
|
|
|
I just heard that quote: " If you've not been throught a crash with BTC then you are not a Bitcoiner yet." I guess I am becoming a Bitcoiner. Cool. It can drop more... I am not scared at all. By the end of summer we will be back at $2900. And looking UP. |
|
|
|
Yes you certainly are missing a lot considering that you can rent the tokens for 50 years and that you can even sale them at some point.
1000 tokens ($1150 currently) would generate you $367 per year income at the lower rental rate and $565 annual rental income at the higher rental rate.
this sounds all fictitious, we still need to see if there are people interested in renting. looks like the ICO won't sell all their tokens, probably 2/3 will be sold at best Yep we will see. But if you look In the crypto world there is a LOT of fictitious situation. Promises to get something working and project all around. Difficult to say that they will not deliver before they even started. Actually it is very easy to say anything, but only time will prove who was telling the truth. I'm taking a calculated chance on Cryptonomos/Giga-Watt by buying tokens and mining hardware. If this investment goes badly I can lose my money just like any other investment. I will learn from the experience and move on, just like my other more traditional investments. If the investment goes well, I will use the proceeds from the mining hardware to buy more tokens and mining hardware until such time as I have reached my income goals or the purchase of tokens or mining hardware no longer makes sense or is not possible. At that point I will collect the income provided by the combination of tokens and mining hardware I own. I purchased tokens that are probably part of B1. I will know for sure when the tokens are issued. My first mining hardware purchase was an L3+ Litecoin miner which was advertised to arrive on 20-September. Same for me. Except that I also invested in a S9 delivery due at the end of august. Got the tokens to go for both miners. And I would also be pleased to re-invest if everything goes as planned. I Could have invest in 2xL3+ but I wanted to support BTC by mining it. Even if it is less profitable than mining LTC. |
|
|
|
Problem is like many ICOs they don't have ANY product at all. What you are part of is a crowdsale so they can make the product they dream will transform the world. The developer basically has interesting ideas about websites usage and has written some books on it but after listening to him talk he admits himself they have actually zero code done...zero. You are funding someone with an idea, a cool idea but just an idea.
It looks like Pillar won't hit their minimum cap. I assume they will not launch their project and issue refunds to all contributors? How is the schedule for refunds looking? It is only right that you refund if you don't hit your min cap. This will not hit its minimum cap. You should issue refunds to your investors. You don't know nothing you idiot. Learn to read before you open your mouth. |
|
|
|
Well that is his true value. Glad you found it. Syscoin at $0 is a good price. |
|
|
|
|
SysCoin (SYS)
$0.057092 (-15.34%)
Soooo Sorry for you xbiv2 I mean what a drop; More than 54% in 7 days... It hurt isn't it.
|
|
|
|
Yes you certainly are missing a lot considering that you can rent the tokens for 50 years and that you can even sale them at some point.
1000 tokens ($1150 currently) would generate you $367 per year income at the lower rental rate and $565 annual rental income at the higher rental rate.
this sounds all fictitious, we still need to see if there are people interested in renting. looks like the ICO won't sell all their tokens, probably 2/3 will be sold at best Yep we will see. But if you look In the crypto world there is a LOT of fictitious situation. Promises to get something working and project all around. Difficult to say that they will not deliver before they even started. |
|
|
|
|
Yes you certainly are missing a lot considering that you can rent the tokens for 50 years and that you can even sale them at some point.
1000 tokens ($1150 currently) would generate you $367 per year income at the lower rental rate and $565 annual rental income at the higher rental rate.
|
|
|
|
Hey thank you for the infos. We live in crypto jungle age, only the strongest will survive. Coindash, you will not have my moneeeey.  |
|
|
|
Cliff High is more of a lunatic btc shill than metals shill, or just a lunatic in general. He was telling everyone to buy cloakcoin for fucks sake.
If you are interested in making money it was not a bad advice... Cloackcoin: May 18th $0,38 - June 9th $3,65 - june 28th $10,30 - As for today $3,86 Do you have a coin for me that I can flip min x10 and even possibly x25 in 1,5/2 month ? |
|
|
|
What about the Pillar Project. Actually, I am very excited for Pillar Campaign. For that, I want to know the present condition of Pillar Project.
I'm too excited on this campaign. I haven't read through all this. I just have a question, how long will this campaign last?
Are you really asking those questions ? Why are you guys having an avatar and signature of Pillar Coin if you know so few about it...? I don't get it. ^^ |
|
|
|
From Giga Watt: Dear current and prospective customers, We would like to inform you that a new shipment of Panda Miners B3 Plus is available for sale through our website now, and the equipment is scheduled by the manufacturer to be delivered to Giga Watt's facility on September 11, 2017. The price for this model is 3,990 USD, and the only acceptable form of payment for this model is a wire transfer in USD. We look forward to doing business with you. Sincerely, Giga Watt team https://giga-watt.com/ |
|
|
|
Thank you for the answers and for this project. & I also love your transparency, there is nothing to hide here. It's a Great offer, and it's so cool to finally have an honest company with terrific electricity rate coming on the market to offer a full service mining solution. When compare to existing cloud mining rate it is a joke. I love it. Everybody including Newbies will now be able to mine at a better rate than a lot of miners around the world. & And for sure that will pissed off a lot of them. (cf. certainly some on this OP) I think they should join the party, no need for them to mine at home now.  |
|
|
|
|
Show Posts
