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WTS: Bundles of 1 million IOE, .09/million (9 sat each).
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You are unlikely to hit a block solo mining until the early nicehashers (me) get bored of burning cash on huge premine clones. So sometime around when I get off work and cancel my order.
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250,000 blocks for the proof-of-work to catch up with the premine.
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It's always incredible to me that people define scam as "I lost money on a trade."
I have not once seen the developer speculate about the price of the coin, or imply that the price will go up.
It is holders of the coin who have consistently speculated that the price would climb when the coin hit Trex - quite an odd assumption in my view, as increased liquidity often results in a lower, but more stable, price.
Nothing changed about the fundamentals of the coin when it got listed on trex, c-cex, and yobit. There was a surge in price in the leadup to the trex listing and a drop in price after - I have been playing this game a long time and I've seen the same thing on dozens of coins, its almost always driven by holders overestimating the impact of exchange listings. That's about all there is to it.
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I have been representing a group of investors... who bought about 350000 SYNX and increased its value up to 21k Sats, only to be sold short by the very few people who know about or hold SYNX, which is the dev team and the ICO participants. STEEM is trying to gain long-term traction by increasing retention especially of whale quality investment, adding to the long-term success of the project. Adding to trex and polo are essential, but also maintaining some level of endorsement by the syndicate staff and insiders should be of utmost concern. If you don't believe in the project, why should anyone else? Maybe we could have some investment contracts between the ICO group and dev team so it doesn't become just another "Traded" coin? STEEM locks up the value for 2 years, increasing the stability of the significantly pre-mined assets. Also, it has not been made clear who the target market for the (software) is...I assume small business but how is it being marketed? Are there pubs where I can find a customer-focused article or advertisement? There are a lot of questions that need to be answered before further participation. Thanks in advance for your response!  you may want to inform your investment team that this was a no ICO/no premine coin, there is no ICO group. miners always sell, miners sold steem, miners sold eth in the early going, miners are selling dcr like crazy. selling is kind of a big part of mining actually! that said, there is a strong community forming here of people who want to up SYNX's value, and if you wanted to work with them I'm sure they would be amenable. |
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I remember Odin from the old #dogecoin IRC channel days, he's just like that.
If you wanna dump just dump man, no one cares, the people doing the buying have plenty of BTC off the books and the people selling also have plenty of SYNX off the books, if you think you're gonna make/break the market you're in for a big disappointment.
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FWIW these types of sync issues are common with staking masternode coins, I remember dealing with it on Sling and Shell and a few other older MN coins. I assume Crave had the issue as well, not sure what causes it.
I got mine to sync by taking the ip addresses from the peers lists and putting them as addnodes in my Syndicate.conf.
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Want to buy 3 Bitcoin worth at 5k satoshi.
Will have a well known bitcointalk user or similar be the middle man.
PM me. Cheers.
PM'ed. And before you vultures start pming me trying to buy, these will be the last SYNX I sell OTC if the deal goes through.  |
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What a shame.
Whole thread focus on:
a) how to mine
B) how to sell
Not a single question on the features of the coin
a) How will the integration of management system will work? Where is the white paper?
B) What is the real world use case for having a cryptocurrency wallet with a database of inventory, sales, & expenses? Will there be some on-blockchain integration of these data and how will it be achieved.
C) Why is Dev hiding his real identity? How many coins launched by same dev in past? How many died after first few months?
I don't even feel sympathetic to the buyers. They are just plain stupid and greedy looking for a greater fool. And Don't count on Bittrex to add such a scam coin. Bittrex have recently raised their standards don't see this coin making it. C-Cex and yobit if the dev is lucky to sell his instamined dump on noobs.
truly shocking that a coin distributed through mining and staking would have questions about how to mine and stake it I am curious as to how the inventory system is conceived as well though: how are companies kept separate, how are their records kept secret from each other, what usefulness is the token to the whole thing, etc. |
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I see the masternodes are down, from 6 to 3 now only. We are going to need more for this coin to prosper
The in-wallet masternode list typically shows only a fraction of active masternodes, in my experience with POS masternode chains. It's probably for the same reasons that your number of 'active connections' in the bottom right is less than the total number of active nodes. With the low deposit required, I would expect some larger holders to be running 10+ masternodes. |
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I have an issue with the Win wallet where it will stake only once per initialization of the client, this is running on a Windows 8.1 VM. It will stake once, usually within seconds of connecting to peers, and then fail to stake until the wallet is restarted. The staking icon says "not staking" despite staking enabled reading "true" in the console.
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Just a reminder: we took this week off, we'll be back next Saturday 6/25 at 7:00 MST to cover all of this week's incredible developments, all the latest shitcoins, and whatever else we come up with. Big thanks to all our listeners!
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Hi folks, we'll be starting show #9 live in 5 minutes. |
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Yobit's whole thing is they list coins regardless of the quality of the blockchain. There are exchanges like Poloniex for established, serious projects, and there are exchanges like Yobit for new projects of often questionable quality.
Whether you like it or not, there is a demand for exchanges to trade unproven coins. Most of these coins will prove themselves to be shady, but some others will go on to great success. That is how it has been in altcoins since I started trading years ago, I suspect it will continue into the future.
Buyer beware is the number rule in altcoins, if you lose money in something like BRAIN you have no one to blame but yourself.
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Hi folks, brandondoge here, just want to check in to thank everyone for listening.
Episode #9 will start a little early tomorrow so if you're a live listener, try to tune in around 5:30 MST (23:30 UTC). Looking forward to another fun show!
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To say that everyone has a comparable chance of minting is not accurate based on your own parameters, at the outset of POS the developer will have over 50% of mature coins and probably 90% of network weight (depends on if this is HiPOS or DPOS), I personally am cool with you administering your blockchain as you like, I'll still mine, but people should understand how these parameters will affect the distribution.
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Happy to be mining something. but wary of the premine.
With these parameters it would be effortless for the developer to split the premine into 1500 inputs or so and catch as many as 1000 of the early stake blocks. Just something to think about, if it were my 3000 coins you better believe that's what I'd be up to.
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The price went down because it's an altcoin, the default state of price action for 99% of altcoins is down. If you think this coin has any hope you should be happy at how incredibly cheap it is and put a bid order in. If you don't like the coin or the price then dump it, and you will have answered your own question of 'why is the price going down.'
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