|
are you trolling or is it for real?
|
|
|
|
Agreed, if the developers were not in on this dump then they should be sticking to the coin and moving forward.
After all there is nothing wrong with the code / coin.
As far as I'm concerned, this coin in unsalvageable as long as Wolong holds 700M+ and whatever he hasnt sold yet on mintpal I can only imagine the sheer look of disbelief for those bagholders who are now just waking up and checking up on mintpal to see if their 70 satoshi auto sell orders were filled. 18 satoshis...what...the... I feel for you guys  They have been warned. It's their own fault. Just deal with it and learn from your mistakes. Dont trust Wolong and anybody who works/worked with him. Thus dont trust sevoque ever again. What the hell happened to the market price?
you fools just got scammed I bought nothing, only mined I sold most of mine at 70. Sold as I mined  |
|
|
|
OK, guys and girls. Lets calculate how many coins will be mined until PoW reward goes to 1.
Reward change target is one week. This is 2880 x 7 = 20160
First week.
500 000 x 20160 = 10.08B
second week
10.08/2 = 5.04B
3rd 2,52B. Actually its less than 2.52B from here, because PoS blocks start to appear in block chain from day 20.
4th less than 1,26B
5th less than 0.63B
OK. Lets compound. 10.08 + 5.04 + <2.52 + <1.26 + <0.63 = Less than 19,53B. Probably only around 18B is close to quess.
This is only 70B/18B * 100 = 25.7% of total coins. This means that almost 3/4 of total coins will be generated through PoS blocks.
Lets quess the estimates of PoS now.
Assuming that 18B will be generated through PoW. the PoS interests will be as follows:
18B *20% = 3.6B. Total coins of 21.6B after year 1.
21.6B *15% = 3.24B. Total coins of 24.84 after year 2.
24.84B*10% = 2.48B. Total coins of 27.32B after year 3.
OK. You see where this is going. This coin will not reach 70B coins any time soon.
If this coin gains popularity and gets some demand, then price of 200 + satoshis is very probable.
Please keep in mind that simple math done above is just rought estimates and not exact numbers.
Hopefully this post helped to generate point of view about this coin progress.
This implies that the premine is actually 19,4% after one year, which is obscene. This will undermine the coins chance to succeed. Let's all together put pressure on the dev to make public all the spent premine coins. Or even better: let him destroy the premine. Please correct this wrong figure, it's no where near 20%. That would imply only 3.5 billion coins exist after 1 year which is false from what you quoted. 700,000,000 / 18,000,000,000 is not 0.194... it's 0.03888 ~ 3.89% This means the premine is basically 3.89%. Admittedly this is still quite a lot higher than what a lot of people probably thought. It's made worse by the fact that it will generate PoS too, meaning it will ALWAYS be 3.89% as long as the dev doesn't spend it or move it (to decrease coinage). If they don't move it / spend it, it'll likely increase (in %age terms) as other move their MINT around destroying coinage. I do agree that the dev team should be more public about where the premine is being spent and used though  This is a huge impact on the potential of this coin. Having a 'wolong' ready to drop the price at a moments notice will not help the coin succeed. Dev please become transparent by posting the premine wallet address so the community can monitor. Also please post your full intentions with the coins. If you feel you deserve to be paid for being the dev, please hash that out with the community. Second this. Transparency is a future must for coins now I'll say. |
|
|
|
I think the 3AM EST launch time is going to have to be changed to something more realistic  "Going to have to"? "More realistic"? 'Muricah amirite? Considering the number of American coin-makers launching their coin in the middle of the night in Europe, I'd say it's refreshing... suits me just fine. |
|
|
|
What do I do to get the wallet to sync? This should be the primary concern, before dreaming of selling at 85 satoshi.
add all the nodes to the .conf and keep the wallet open. Mine synced after one hour or so. |
|
|
|
Maybe he just changed the game, no more premine |
|
|
|
|
My mate who's a DJ and sound designer or something will love this.
|
|
|
|
Network hash is growing I see.
huge whale mining it 1 anonymous 20,825 19,641,453.101  three days is all it takes for this miner what took me 2 months since launch.......... I need more power I've got only 5,5 mil since start 2,6 here  |
|
|
|
WOW 120 LTC buy wall on Poloniex now - prices are preparing to go to the moon!
thats about 3BTC, currently on mintpal 2.3btc bid at 5 sotoshi :-) Did you see the spike right after 06:00? over 10 satoshi. |
|
|
|
Would have been a bummer to be on the wrong fork so soon  |
|
|
|
Foundation page looking good and sent Donation as well.
Please ignore all the Haters who signed up in the last ~2 months. Seems people feel threatened by a Coin that will actually Serve a purpose.
Anyone looking for a Non-Pump&Dump coin that will prosper when 99% of junk Alts fail? Look into Leafcoin, make the choice for Yourself by doing your own research.
Cheers!
Yes and this is only the first part of the foundation, the rest looks even better. Great work guys. |
|
|
|
Before CCC hits an exchange which I am sure it will very soon, I would like to see at least one Charity in place to receive the first donation, I would hate to see miners myself included dumping the coin to make a quick buck. can we get this moving please
Hey Ozzymax, There are two charities receiving donations with more coming very soon. Charities so far can be found here: http://www.cancercoin.org/donate-2/Nice. So nice to see things like this so soon. |
|
|
|
lol insta 1 Ghs increase
|
|
|
|
moneysupply: 15 billion, reward halving again soon. Figure price will be at least 20 satoshi's in 2 weeks™
After next block halving range is likely to be 8 to 16 satoshi range. As supply reduces price is driven upwards. 100 satoshi potential within 5 weeks. I absolutely believe this likely by community support. I completely agree. We are a very strong community I don't want to let go of my mint for less than 100sat each. I see a bunch of future potential in MINT!! Look what was accomplished just in the past couple days! I know I haven't been posting here much lately but I have been lurking and I spread the word about MINT every chance I get! I'd love to help more but I don't have any technical skills :-/ In just five days so much has happened My MINT are held for PoS. |
|
|
|
+1 no email, unlock user id 189 Xtar +1 no email, unlock user id 347 waiting the email, user id : 125 here me too id 419 +1 unlock id:239 same id: 391 |
|
|
|
Their program is called CCTV? That's a bit Big Brother-ish . lol, anyway the CCTV here is indeed the China Central Television. I had CCTV on satellite and all I ever saw was old movies. |
|
|
|
|
you should consider 280x, the 290x doesn't give you that much better performance.
|
|
|
|
Rabbit next doge coin? We can hope |
|
|
|
|
those are some fucked up pictures coming from Kiev.
|
|
|
|
A lot of nice story telling.
Yep nice story telling 2000 years ago that is all happening word for word during last 10000 years. Fixed. Don't thank me. word, please fix more things so they don't make sense anymore. ya'll need jesus |
|
|
|
|
Show Posts
