Is the Dedicated front end down?
seems ok Backend hashing seems fine but opening the front end says webpage not found.
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Is the Dedicated front end down?
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The cost of mining this coin is between 8000-9000 sats at 190 diff on pool mining which is too high and risky for a copycat coin. It is at most a mine and pump and dump and get out quickly coin. There is no reason based on current OP details why the coin should trade that high as the only thing for it is the number of coins. No innovation, no features. To break even now with mining the coin needs to trade at 9000-10000 at least and cost of mining will increase as more farms come online.
I cant see what would drive a price of 10k+ except for a quick pump and dump and move on. Add to that the risk of a dump of 1% premine in the event that the coin does go over 10k to maybe 20k. 10000 premine dump at 20k = 2 BTC which is not bad for a days copy and paste work.
Put premine in escrow dev.
Risky items:
1. Dev stats: Name: cores Posts: 5 Activity: 5 Position: Newbie Date Registered: June 30, 2014, 01:22:30 PM Last Active: Today at 05:05:06 PM 2. Hotmail email address 3. 1% premine (not in escrow) 4. No plans, no innovation, copycat 5. Poor business plan.
Did I miss something?
Maybe dev will pull a rabbit out of a hat and prove me wrong. Time will tell.
Your cost of mining is base of rental price? Yes, but remember it is point in time and changes the whole time up or down.
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The dev has not given us any reason yet to doubt him. He has so far delivered on every promise. With this track record the community has reasonable assurance that he will deliver on any other feature that will be promised. Just this commitment alone places the coin in the top 5% of all the alts out there. Also, the betting wallet is a beta release and not perfect yet and the dev asked for bug reports and enhancements. Give him your input so that the final release will have the features everyone wants.
The other talk in-between is just fudding. If you have a problem with the coin, wallet, product or process that is fine and relevant. All the other talk about this or that person or speculation or unproven opinions or hearsay is just that. Most of the time fudding is like in the trollboxes, never in your interest and always act in the opposite of what the fudders and trolls say.
Having said this, it is very important to build a risk profile of a coin. There are risk indicators that build a picture of a coin that forms its risk profile, sometimes the risk indicators show a high risk and sometimes a lower risk. Also if there is evidence or trends or other facts then those facts become relevant and needs to be factored into the risk profile whether good or bad. There are always certain catastrophic risks that are part of any coin that cannot be mitigated and that can strike at any time, like a bus hitting a dev or a dev calling it quits for personal reasons or sometimes a dev disappearing with coins. Objectively though, there are so far fewer risks for MIN compared to most other alts out there that lowers its risk profile, which is good for attracting new investors and reducing the risk of losses. The residual risk profile of a coin is part of being in this game and there is always a residual risk. If you don't like risk, then mine Bitcoins or put your money in a bank and earn interest or buy government bonds. Compare the risk profile of the different coins and make your investment strategy accordingly.
Lastly, features and enhancements do not all have to happen at the same time. Consider all and keep the best. This means that whatever success factors are there for other coins can be looked at, considered and then placed on a wish list. These can be incorporated over time one by one, to supplement the main innovation. This is what is called building the body of knowledge of crypto so that in the end there exist a product suitable to take the world forward. Judge the dev then on his delivery of the features which in itself is a risk indicator in the coin's risk profile.
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I don't know why did he panic selling 8 k to 5 k price should not be 10 k? Should be steady growth rather than falling
It is because of the FUD posters here.
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Those large farms hash raping away. Hopefully it becomes better on day 3 but lets see.
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It is normal. The coins that generated a stake for you have to mature from scratch, almost like recharging, before it can generate stake again. So while it is maturing you will get a message that you don't have mature coins, or if only a portion of your coins staked, the rest will be available for staking.
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I'm waiting for someone to release a new pool format that will have all the built in features to limit an account to 50 m/h yet allow you to set up and see your individual miners. and be designed and geared specifically towards fair distribution coins only, that way miners will have 2 simple choices, the pump and dump pools like binaryclocks (dedicated pools) or say the new MIN type pools for FDC coins. I bet the DP pool types would fade away after time and all the massive rig renting etc. that goes on and destroys coins. ok, just a thought I think all that exists now already. The problem is in the trust. Unless you can really trust the pool operator not to give out the wallet, you will have to do it yourself. The moment the wallet leaks out the large farms will start solo hash raping and the whole fair distribution is down the dumps. With the right trust relationship everything can be done now already with existing pools. There has to be certain controls like net hash recons to total pools hash to identify any solo mining or private pools. Pool IP white listing is another control that can be implemented through access control lists. Several things can be done to make fair distribution more mainstream.
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The cost of mining this coin is between 8000-9000 sats at 190 diff on pool mining which is too high and risky for a copycat coin. It is at most a mine and pump and dump and get out quickly coin. There is no reason based on current OP details why the coin should trade that high as the only thing for it is the number of coins. No innovation, no features. To break even now with mining the coin needs to trade at 9000-10000 at least and cost of mining will increase as more farms come online.
I cant see what would drive a price of 10k+ except for a quick pump and dump and move on. Add to that the risk of a dump of 1% premine in the event that the coin does go over 10k to maybe 20k. 10000 premine dump at 20k = 2 BTC which is not bad for a days copy and paste work.
Put premine in escrow dev.
Risky items:
1. Dev stats: Name: cores Posts: 5 Activity: 5 Position: Newbie Date Registered: June 30, 2014, 01:22:30 PM Last Active: Today at 05:05:06 PM 2. Hotmail email address 3. 1% premine (not in escrow) 4. No plans, no innovation, copycat 5. Poor business plan.
Did I miss something?
Maybe dev will pull a rabbit out of a hat and prove me wrong. Time will tell.
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I don't have a good gut feeling about this one. I cannot put my finger on it, but I think I will pass. Maybe it is the OP and the way it was written.
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There seems to be some large farms solo raping this.
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Is this coin still a joke, or dev have some serious plans for it? How about roadmap for 2-3 months?
The coin is serious. You can see that the OP has been updated to reflect that. The coin has a lot going for it: - ZS will focus on entertainment which is a hot topic atm - Plans mentioned so far includes payment gateway system, commercial adoption (we saw and example last night) and wallet upgrades - Coin is not a pump and dump coin as evidenced in the relatively stable price over the last few months - Price is not fast rising that quickly burns out like the so called "fly-by-night" coins and has been slowly rising with good buy support - Low circulation of 3.8m - Coin has fast specs suitable for commercial adoption with just enough POS "interest" to want to rather stake in the wallet than sell - Highly skilled and reputable dev (CryptoGir) with a good support team. CG does not over promise and under deliver. If he cannot deliver he wont promise. He is more of the "surprise guys, here you go" person that delivers something that would increases the price based on what was delivered. He has also committed himself to the ZS project and will put all his effort into this coin that he can in-between real life priorities of work and family life. - Great and mature community - Mintpal listing is not a priority for the coin and is not the alpha and omega like same other coins. If it is listed, great, if not also great. As long as there is a facility where it can be traded it is enough e.g. Bittrex. Sure ZS will be listed on MP, but it is not a core strategy CG has mentioned that he is working on the items above and there will be more not mentioned yet but that will be delivered as surprises. Consider ZS as a longer term investment, blue chip if you want, that will grow over time as features and plans are delivered and patience will be rewarded. This is my personal view and how I have been observing things so far. Thank you for taking the time to type all that out jc12345! Very well summarized. I am not the type of dev to do "press releases", "news alerts", or "coming soons". The only reason for any of these is to artificially inflate the price of the coin, and eventually it will dump back down. I would much rather have a stable price, and natural rises in price when something actually happens; not when something "might" happen. Pleasure. I also forgot these important items that are rare in coins today (original post updated): - No Premine - No IPO - Transparent block explorer and rich list
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So launch is scheduled for 00:00 GMT tonight? Also, do you have a list of pools for pre-reg?
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Is this coin still a joke, or dev have some serious plans for it? How about roadmap for 2-3 months?
The coin is serious. You can see that the OP has been updated to reflect that. The coin has a lot going for it: - ZS will focus on entertainment which is a hot topic atm - Plans mentioned so far includes payment gateway system, commercial adoption (we saw and example last night) and wallet upgrades - Coin is not a pump and dump coin as evidenced in the relatively stable price over the last few months - Price is not fast rising that quickly burns out like the so called "fly-by-night" coins and has been slowly rising with good buy support - Low circulation of 3.8m - Coin has fast specs suitable for commercial adoption with just enough POS "interest" to want to rather stake in the wallet than sell - No Premine (rare in coins today) - No IPO (rare in coins today) - Transparent block explorer and rich list (rare in coins today) - Highly skilled and reputable dev (CryptoGir) with a good support team. CG does not over promise and under deliver. If he cannot deliver he wont promise. He is more of the "surprise guys, here you go" person that delivers something that would increases the price based on what was delivered. He has also committed himself to the ZS project and will put all his effort into this coin that he can in-between real life priorities of work and family life. - Great and mature community - Mintpal listing is not a priority for the coin and is not the alpha and omega like same other coins. If it is listed, great, if not also great. As long as there is a facility where it can be traded it is enough e.g. Bittrex. Sure ZS will be listed on MP, but it is not a core strategy CG has mentioned that he is working on the items above and there will be more not mentioned yet but that will be delivered as surprises. Consider ZS as a longer term investment, blue chip if you want, that will grow over time as features and plans are delivered and patience will be rewarded. This is my personal view and how I have been observing things so far.
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Talking about voting, Mintpal has implemented a captcha system for voting to filter out the bots. Very interesting.
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Just to lighten the mood.... Ok... I'm that crap at trading I've found method to increase the price of MIN. If turns out if i sell 1k MIN the price rises.... If I buy 1k MIN the falls... So if anyone wants to send me some MIN I'll sell them gently and the price will increase! (multiples of 1k will be fine thanks) Just post here before you buy or sell.
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This coin will be going up and down a few hundred but with a consistent uptrend...this is guaranteed. Then we will get ninja add by Mintpal and price will rise at least 50%....this is guaranteed. Then after the "Mintpal Effect" value will drop anywhere between 30-40% within the first 24-36 hrs and that will be our new floor...this is guaranteed. From there, one of 2 things will happen...Continuous (volatile or stable) uptrend...or dev doesnt follow through with anything and coin dies....i think the obvious outcome is obvious. So in essence it will either go up or down.
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I am trying an exponentially increasing reward over 3 days. All to often the Big Miners hit it hard and fast, then dump. This way they can do that dump their couple coins as they make them. While the people who support the coins can profit from the full three day mine. Make sense?
Ok. Will POS and POW run simultaneously, meaning that those large POW blocks to the end will be chowed up and cancelled by POS blocks?
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What is your plans for exchanges?
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Can you please do a recap of the final decision on algo, POW period and how you will achieve fair distribution?
X1145 Second Block Time PoW 54,599,799 coins 12,800 PoW BlocksEstimated 3.3 Day PoW 197,100 Total Blocks PoS is 18% APR for one day Interest starts after 24 Hours Interest stops after 48 Hours The goal is to keep these coins in play RPC 36998 P2P 36999 Block Reward 1 50 1 51 100 50 101 200 100 201 400 200 401 800 400 801 1600 800 1601 3200 1600 3201 6400 3200 6401... 12800 6400Thanks and fair distribution? Limit hash rate? Open mining? Static diff?
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