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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LEASERIG.NET - rent mining rigs - now with Scrypt-Jane & nFactor support
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on: February 04, 2014, 10:50:24 PM
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To all these people who are saying mining at middlecoin is more profitable why don't you HIRE a "cheap" rig and mine at middlecoin and make free money.. anyone Huh
If not then stfu
Why are you so angry ? You prefer to rent cheap rigs ? I can understand it. But I, as a provider, prefer to earn more than average self mining. You don't want to pay, go build a rig  I have few rigs of my own. I dont want to rent cheap. I want to rent at whatever market decides thats fine with me. I have even paid .03Mhz as well for what I care. I am saying if you find its cheap here and saying middlecoin is giving you more why don't you rent a rig then but you wont as you know thats not true so stop lying and pretending something which is not true. |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [SCRYPT JANE] UltraCoin (UTC) - Newly Launched
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on: February 04, 2014, 07:27:44 PM
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I asked this question before, but I didn't receive an answer:
The OP states that selling stakes was to be done to make it more fair for traders to compete with big miners who have an advantage at the launch of a coin.
How does the philosophy fit with only selling to 38 individuals who collectively own 11+ days worth of mined coins? You've basically created a trading monopoly far bigger than any miner could have accomplished.
I'm not trolling, I'm still trying to get some answers on how this stakeholder business was good for the coin long term. The only clear advantage is for the coin creators and potentially for the stakeholders if the value goes up. I feel by trying to thwart large miners, you've potentially only catered to large traders that no longer need to buy their coins from miners.
this is why we delayd the trading to the 7th, to let miners catch up to even it out a bit, however then i received a message that freshmarket had implemented UTC. Still though, 7 days of mining will leave ALL miners (500+ of us) with about 2/3rds of what 38 people own. In the long run, it won't be an issue I suppose, but I think it was shortsighted to pay it all out in lump sums upfront. I know that was the deal, so that's how it was handled, but I don't see how this benefits anyone mining or trading that didn't get in on the premine purchase for at least two months. Most alt coins barely have interest that last that long right now. It creates a very real sense of selling pressure whether they hold or not. It isn't like anyone really believes someone when they say they're going to hold until it's 3 dollars on here. If the price drops from $0.19 to .05, people panic. It doesn't matter if there is reason for it, they just do. The point of my initial argument here was that you specifically stated this was meant to even the playing field between miners and traders, though. I don't understand how selling to 38 people evened out anything. yeah we chose to delay 7 days, but its very hard to predict howmany people will mine.some larger farms had told us they were interested, so we did oour best to make an estimate of how long it would take to mine 2 million.The current total is 2.432.799 coins, so miners have mined 432.799,however most of the stakeholder say they are in it long term.Becasue they own that coin we can only kindly ask that they sell responsible and not upset a delicate new market.Ofcourse the risk is also directly tied into demand,if the demand is huge then people can dump.It will be very interesting to see what happens on crypto trade..... Well though I was skeptical initially and I even am right now as I dont like IPO coins. But seeing a developer so involved and patient is really nice. I am mining with two rigs might even put more |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LEAF] LEAFCOIN - SOON ON CRYPTSY - TRADE NOW? COINMARKET.IO
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on: February 04, 2014, 06:33:03 PM
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Given the rise based on the cryptsy info, a large proportion of the "cryptsy effect" will now already be priced in, imho.
lol are you new here. I dont think so.. Yes the price might be correct right now but poeple have lot more BTC on cryptsy than any other market. So there is a lot more liquidity. It will get pumped no matter what every coin has gone through it and then it will be dumped lol Generally coins making it to cryptsy have only been traded in small volume before making on that exchange. This coin has been doing in excess of 100btc a day for the past few days at least, 200 btc today. That's more volume than many coins already trading on cryptsy. Therefore I honestly believe that while there may be a pump when it hits cryptsy, I don't think it will be as exaggerated as it has been for other coins. Thats true I am on the same page as you. Coinmarket.io is pretty good much better than coinex/coinedp. Seriously coinex shoukld wake up and add some coins lol |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][POT] PotCoin Launches Today 01/21 @ 4:20
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on: February 04, 2014, 05:59:23 PM
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It's dead for now because of daily profitting miners. Well done losers. I tried really hard to hold it on 0.0001 level but couldn't because of this little losers.
Kittehcoin was "dead" when it was at 1 Satoshi, and then within a week it went to 99 Satoshi. You should be buying and continuing to promote it to everyone you know. kittehcoin was promoted by max kesier, so it's normal. but now, i am on the middle selling and give up mining potcoin. If I sell now, I can make potcoin see it's historically deep level I bought too much from 0.001 level to hold it in that level. i am burned i mean. I just hate this officer type people who try to sell what they mined in one day. they will ruin until tomorrow imo. when they give up, we can see a stable price. Fyi, Kittehcoin exploded a few days before the mention on Keiser Report. After the Keiser report it never reached the same highs And I agree miners are selling way too cheap, It might be a multipool too though, I heard that Hashcows was mining POT some days ago? I am holding too not selling any of my stash for so low.. might burn it myself |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LEASERIG.NET - rent mining rigs - now with Scrypt-Jane & nFactor support
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on: February 04, 2014, 05:37:44 PM
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The whole point of this service is to offer your rig if you dont want or dont have time to scout for coins, but still want to make a bit more than on multipools, being paid in advance. Else you shouldnt offer your rig.
But at the rate that middlecoin is going today, it does look like they may hit .016-.017 BTC/Mh/day today...  with my rigs rented for another 60hours at .0158 BTC/Mh/day Oh no! You might lose out on a potential $2-3 USD  Actually if it reaches .017 thats a 5.80 loss per day for me, what to speak if it keeps going up, and for another 2 and a half days, that a potential $15+ dollar loss, or .02BTC What about when middle coin was lower than that and you were renting your rig > .02 You din't complain then did you |
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Hahah they will regret it so muchhhhh!
though this was known on twitter few hours ago
