Dump this shit when high...  And what about the people that you sell it to? Don't you think they have the right to have their money protected, especially if they are not clued up about what you are doing or new to crypto? Do you have no moral values or ethics? |
|
|
|
there you go thats the spirit buy em all but dont hold forever!!!
LoL. Do you even realise what you are saying? |
|
|
|
Guys I have to warn you. With 50000% stake this coin can only end in one way and that is to implode. The coinsupply will grow exponentially until it just becomes too much and then implode. Anyone buying this coin is putting burning coals in his hands and will burn. The first few may make some money but the rest will burn. High stake % just cannot work based on economic principles and the coin will last a week or maybe two.
yea totally agree , not sure why ppl are mining this tbh They saw what happened to 10K and how much money the top 10 richlist made. It is just a matter of time before every second dev jumps on the bandwagon to make a coin that prints free money at high %, even though they know very well it is not sustainable and will cause several people to lose their money in the end. I like this abnormal stake coins. I have made profit even with ball and 10k. Basically you got 1-2 weeks to jump and play it. Like a ponzigame. So,let's play with this for some days!  I It is giving crypto a bad name. |
|
|
|
Guys I have to warn you. With 50000% stake this coin can only end in one way and that is to implode. The coinsupply will grow exponentially until it just becomes too much and then implode. Anyone buying this coin is putting burning coals in his hands and will burn. The first few may make some money but the rest will burn. High stake % just cannot work based on economic principles and the coin will last a week or maybe two.
yea totally agree , not sure why ppl are mining this tbh They saw what happened to 10K and how much money the top 10 richlist made. It is just a matter of time before every second dev jumps on the bandwagon to make a coin that prints free money at high %, even though they know very well it is not sustainable and will cause several people to lose their money in the end. |
|
|
|
|
Guys I have to warn you. With 50000% stake this coin can only end in one way and that is to implode. The coinsupply will grow exponentially until it just becomes too much and then implode. Anyone buying this coin is putting burning coals in his hands and will burn. The first few may make some money but the rest will burn. High stake % just cannot work based on economic principles and the coin will last a week or maybe two.
|
|
|
|
Help me understand something here?
I get the cashing out part, I really do.
What I'm not fully comprehending is
driving the price downward cashing out
for pennies on the dollar jus to end up with less.
Through observation I see some 10K investors
literally racing to dump their stake for alot
less each & every passing day. let me get
this right, people gotta sale more 10K
when price drops to end up with less in their wallet.
Opportunity is a given here and people are settling for
little or next to nothing. Theres people around the
world who dont have money or a chance like this.
10K may be a cash cow, I expect the milking part
but some act like they wanna tip the cow over.
Financial illiteracy is ungoing and a growing issue.
Rich man making poor man decisions.
P2P360
The current conditions are perfectly normal and 100% as predicted based on economic principles. Remember my earlier analogy that some people want $1 in the hand now vs another that prefers an asset of $1,000,000 and debt of $999,999. The guys selling their stake want the $1 in hand as a risk mitigating factor based on their risk appetite. There is nothing wrong with this safe approach, whereas the other approach could have huge profits or huge disaster. I think it is more a matter of if you accumulate more coins then what? If it can be used for something or if there is some plan to in future have a big base increase of holders then yes, keep it. Perhaps people are selling off their stake for a steady stream of income. Coins only have a value if there are someone willing to buy them at a certain price. Hence my argument early in the thread that there comes a point where 100,000 coins and 100,000,000 coins are worth exactly the same if there are buy orders for lets say 10,000. If you get a stake of 10,000 and there is a buy order of 10,000 then one guy will take the 10,000 and the next guy will sell his stake at the next buy order of say 9,900 and so the cycle continues. The value of number of coins times current price is artificial. It can be no other way unless there is a huge new market with fresh new buy orders. Without a plan for the future, the optimal holding is 10,000 - 30,000 coins currently imo. On the other hand should a big bomb drop with some super plan for the future that will create a large buyers base, then the persons with large holdings will laugh all the way to the bank and this is probably how they view the future. This is the only explanation because why else would they collect all those coins without a buyer for them? |
|
|
|
how much of the 2st stage has sold?
Nothing, since the 2nd stage has not yet started, or any transfer since after end of stage 1 will probably only be posted at the start of stage 2. Look above for the counter and details posted by the dev explaining timelines. |
|
|
|
|
Lets do a bit of visioning...
Imagine a crypto world in future where masses can mine and generate their own money, with true broad based distribution (BBD) and true broad based acceptance (BBA) outside the crypto community and everyone with a personal computing device (fixed or mobile) can participate.
This could help people in poor third world communities to generate wealth for themselves even if it is just dust. For those, dust will be more than they are used to. Few people have the means to buy expensive GPU and ASICs. Many can however afford a CPU since they need a CPU to do many things in their normal life in anyways like write a letter. True BBD will enhance true BBA.
It is therefore not far fetched (assuming POW is the way to go) to have a strategy of developing CPU mining and methods to limit POW mining to CPUs only as far as possible. It is however an outcome of human nature (greed) to want to have one's own high tech equipment and working miners to maximise your own wealth over others. This works against the principle of true BBD and true BBA. I would therefore put some money on it that the future of successful POW crypto lies in the ability to have POW work on low tech equipment with measures to limit that to low tech equipment as far as possible. The importance of low tech development like CPU and the people involved in it can not be overstated.
|
|
|
|
claymore & wolf0 are poor sharks ...
they dont share like djm34 & badman74
that's all
btw, i dont care what do you think... :d
Can you post a link to something great that you have developed and shared? No comment? Didnt think so. Devs are not obliged to share anything. The rewards for years of dev skills and countless hours looking at computer screens are to provide themselves with a competitive advantage to enhance their own wealth position in a capitalist society. However the devs here do share so that guys like you can make money as well. FYI if wolf0 did not post a miner no-one would have been able to mine SUP. So STFU and GTFO. |
|
|
|
claymore & wolf0 are poor sharks ...
they dont share like djm34 & badman74
that's all
btw, i dont care what do you think... :d
Can you post a link to something great that you have developed and shared? |
|
|
|
"failed to create postcalc_hash thread"
but it's a pleasure to test your gpuminer
you are not a poor shark like wolf ^^
thanks you
Careful with your words there. Do not forget who created the first optimized AMD CPU miner for PLUCK algorithm, and the countless other things he did for the community (Wolf0). Both DJM34 and Wolf0 are invaluable assets in the crypto community. Yeah I agree. I think you need to post an apology. wolf0 nd djm34 do actual work and innovation to take the world forward. Most of the rest here just consume for personal gain driven by greed. Count how many posts are here "when will the optimized miner be ready", "where is the AMD miner" etc. |
|
|
|
...tested coinminers the last 14hours. worked out quite well.
the blockoverview is nearly the same on both pools: last 24h = 133%
but would be nice to get some more hash to get faster block times!
Yes, it'll be really good if the hashes are spread over the pools, fees are the same on both pools so you get the same coins. why not rise the fees on your pool to make people think about spreading the hash? I cannot just rise the Fee while miners are mining.. It is like your landlord is rising your rent while you are in the flat  Of course you can - it's just a shitty thing to do unless you give them reasonable notice. right! doing nothing has no result. look at it, what we have now 2.3Mhash vs. 0.08Mhash. If you had pushed out a deadline via web/mail and rise the pool fee 2% after 6hours it would be a responsable action every miner should understand. miningpoolhub did that once with JPC - and it helped to get the hash spread I'm not doing "nothing".. I've got a message on my pool to spread the hash - now even in red color and in bold. I'm posting in the thread several times to spread the hash to the other pools. I've helped a lot to get the other pools up an running and I'm active all the time to keep things going. Closing regs makes no sense since Suprnova has SSO (Single-Sign-On) and most of the accounts mining are old and not new registered ones. What i'm not doing and never did is force people to mine on my pool - they can switch their miners if they like but what i'm also not doing is setting a "deadline" of some kind until a certain "thing" happens to make it unattractive to mine on my pool because of high fees or whatever.. Some people started their miner(s) hours ago and don't watch the thread so closely and they come back and find out that fee's have doubled while they were away.. Well... Who's scamming now ? I do anything I can for the community - I'm doing that a long time, I share everything I can and I help where I can but I won't shoot my miners in the back - forget it. It is part of life. People go where they get the best service and with well known brands. Running a pool is subject to the same business rules than any other business e.g. service, quality, brand, skillz, marketing etc. In this case all these things come together to ensure blocks at day 0 and then customers stick with their loyalty. Management is rewarded through good service out of the blocks. In any other business if one brand attracts more business it is the up to the management of the other brands to apply business principles to attract customers e.g. marketing, services etc. Applying artificial measures to change these natural processes does not make sense and is not sustainable. If it means more people go to one pool then that is how it is. The only risk with this is a 51% attack but if Suprnova does that it will be the quickest way out of business so the risk is low and more a theoretical one. It is also extraordinary that someone with a lot of business is helping competitors and is not seen often in the business world. I am sure management of other pools are doing stuff to attract more customers (marketing etc.) and when that happens things will be ok. |
|
|
|
I was being sarcastic. Pretty sure I know who it is I think everybody knows One guy didn't, but hopefully he sees the coins aren't going anywhere. At least I can prove that I put my money where my mouth is. You guys mined it with me, you know I had no unfair advantage and had to buy most of them, same as everyone else. If the price goes down, I lose out more than anyone. I will definitely not be the asshole pissing in the punch LoL, no-one said it is you. If you watched the C-CEX troll box you will know who it is. |
|
|
|
I was being sarcastic. Pretty sure I know who it is I think everybody knows |
|
|
|
nice coin. i'll buy it at 1000 sat. i hope:)
lol this thing is not going to drop below 3k.. check out the buying wall.. im waiting for dumper to eat that 31k at 4010 sat first 4.5 btc ? too low. Look at the Richlist. Guy with 295k 10k coins get 79k stake coins everyday.They can dump it to 100 sat if they want. And you talking about 31k at 4010. I wonder who that could be....... Dont talk BS  |
|
|
|
I wanted to try mining this coin and I have set it up as described in the OP, but when I start the batch file, I get an error message:
HTTP request failed: Failed to connect to 127.0.0.1 port 4412: Connection refused
As this is the first time I'm attempting to solomine, I was wondering if anyone knows how I could fix this?
I think your CPU sees the diff and all the GPUs on the network and says **** this. So it's actually not even worth the try anymore? Some people look at the diff and decide they don't want to mine with their original Pentium, then tell everyone else it's not worth it. Best approach is to do the math and see if you find the return acceptable or not. What Wolf says is very true. Personally I am pro fairness and quick to say it is not feasible to mine with CPUs anymore. However, it is so that if you have a very powerful extreme processor that you can compete with the GPUs at this point. You have to do the maths and do a test and see how your CPU KH/s compare to that of GPUs. GPU's aren't even really that great on Pluck. With Wolf0's binary I am getting 2.5x what my GPU does, on my 4770k @ 4.5Ghz. I kind of love this algo. It's fair between CPU and GPU (suck it AMD  ). Iv since put my CPUs back on the mining, but only the ones in PCs that have to be on in anyways. The price prospects look positive it seems. |
|
|
|
I wanted to try mining this coin and I have set it up as described in the OP, but when I start the batch file, I get an error message:
HTTP request failed: Failed to connect to 127.0.0.1 port 4412: Connection refused
As this is the first time I'm attempting to solomine, I was wondering if anyone knows how I could fix this?
I think your CPU sees the diff and all the GPUs on the network and says **** this. So it's actually not even worth the try anymore? Some people look at the diff and decide they don't want to mine with their original Pentium, then tell everyone else it's not worth it. Best approach is to do the math and see if you find the return acceptable or not. What Wolf says is very true. Personally I am pro fairness and quick to say it is not feasible to mine with CPUs anymore. However, it is so that if you have a very powerful extreme processor that you can compete with the GPUs at this point. You have to do the maths and do a test and see how your CPU KH/s compare to that of GPUs. |
|
|
|
I wanted to try mining this coin and I have set it up as described in the OP, but when I start the batch file, I get an error message:
HTTP request failed: Failed to connect to 127.0.0.1 port 4412: Connection refused
As this is the first time I'm attempting to solomine, I was wondering if anyone knows how I could fix this?
I think your CPU sees the diff and all the GPUs on the network and says **** this. |
|
|
|
|
Show Posts
