With a market cap about 100 million dollar which have the coin now, we need 0.001% of 24h Volume.
This is ONLY 1.000$, and i think we will get not 1.000$ but rather a 24h Volume over 100.000$.
With a market cap about 1 Billion Dollar we need a 24h volume of only 10.000$, also this is very easy.
With mathematicians like you on the side of APH, what could possibly go wrong? lol im not sure MyFarm, if you are trolling or just so stupid, or dont even understand the "Low Volume" Section on coinmarketcap. Then what do you think how high must be the 24h volume with a market cap of 100 million dollar (like the coin have now)?  Where do you see the Market Cap of 100 million $ ? And how could 0.001% out of 100 mio be 1000? I see only a market cap of 62 Million Dollar if I take the last price from Bittrex and BTC/USD from Coinmarketcap: 22.524.660 APH x 0,0045 BTC x 612,39$ = 62.072.444,42 $ Market Cap So I think the 24h Volume we need is not 10.000$ it's 6 times more  Don't blame me if I'm wrong  WTF ok the market cap is maybe wrong that i say with 100 million, its 62 million. Now read on coinmraketcap "0.001% of Marketcap" So 1% from 62 million is 620.000 Dollar, 0.001% from 620.000 Dollar are 620 Dollar!!!!! We need 620 Dollar 24h Volume with a market cap of 62 million!!!!!Or the easy way 62.000.000 / 100.000 = 620 DollarIs that so very difficult for a lot of people here to calculate? And because here are so many people who dont believe me because they can not calculate here what bliss (dev of coinmarketcap) write: "You read it wrong, it's not 1/1000th marketcap, it's 0.001% (1/100000) market cap." https://bitcointalk.org/index.php?topic=199685.msg5728584#msg5728584And how could 0.001% out of 100 mio be 1000?
0.001% from 100 million dollar are 1.000 dollar.  I'm just going to quote this so you can't go back and edit it later when you hit 5th grade and they teach you how to multiply decimals. |
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I just cut my losses on this dog.
1. The actions (or lack thereof) of the "dev" on this coin, the copied website, etc tell me this is without a doubt a scam. There is no way this, "Dev" has the leadership ability to get coins to the Cypriot people. I should have done better due diligence on this coin upfront but I made an emotional rather than logic-based buy. I'm embarrassed by how amateur I was on this coin. I love Nation Coins and got caught up in this one. Stupid.
2. With the new, "Low Volume" section of coinmarketcap.com, I suspect this coin will get stuck there to rot.
Good luck to the rest of you. Maybe I'm wrong, but I doubt it.
I would wait 24 hours, wait what the Dev say, and wait because in 24 hours this coin will be added on coinmarketcap (i write Gliss a PN, in the Thread and a request 16 hours ago), when it hit 4. place like the price is right now than the price double easyly in a few minutes and maybe a lot more. In order to stay out of the new, "Low Volume" section at the as end of coinmarketcap.com, you have to have .0001% or more of your market cap in volume. With the huge premine of this coin and its current prices, I don't see that happening. Yes were is the Problem? We never come in the "Low Volume" section. With a market cap about 100 million dollar which have the coin now, we need 0.001% of 24h Volume. This is ONLY 1.000$, and i think we will get not 1.000$ but rather a 24h Volume over 100.000$. With a market cap about 1 Billion Dollar we need a 24h volume of only 10.000$, also this is very easy. With mathematicians like you on the side of APH, what could possibly go wrong? |
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I just cut my losses on this dog.
1. The actions (or lack thereof) of the "dev" on this coin, the copied website, etc tell me this is without a doubt a scam. There is no way this, "Dev" has the leadership ability to get coins to the Cypriot people. I should have done better due diligence on this coin upfront but I made an emotional rather than logic-based buy. I'm embarrassed by how amateur I was on this coin. I love Nation Coins and got caught up in this one. Stupid.
2. With the new, "Low Volume" section of coinmarketcap.com, I suspect this coin will get stuck there to rot.
Good luck to the rest of you. Maybe I'm wrong, but I doubt it.
I would wait 24 hours, wait what the Dev say, and wait because in 24 hours this coin will be added on coinmarketcap (i write Gliss a PN, in the Thread and a request 16 hours ago), when it hit 4. place like the price is right now than the price double easyly in a few minutes and maybe a lot more. In order to stay out of the new, "Low Volume" section at the as end of coinmarketcap.com, you have to have .0001% or more of your market cap in volume. With the huge premine of this coin and its current prices, I don't see that happening. |
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I just cut my losses on this dog.
1. The actions (or lack thereof) of the "dev" on this coin, the copied website, etc tell me this is without a doubt a scam. There is no way this, "Dev" has the leadership ability to get coins to the Cypriot people. I should have done better due diligence on this coin upfront but I made an emotional rather than logic-based buy. I'm embarrassed by how amateur I was on this coin. I love Nation Coins and got caught up in this one. Stupid.
2. With the new, "Low Volume" section of coinmarketcap.com, I suspect this coin will get stuck there to rot.
Good luck to the rest of you. Maybe I'm wrong, but I doubt it.
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We can't get on coinmarketcap.com until we get a blockexplorer that shows the current number of coins in circulation. Will someone PLEASE DO THIS?
I will pay .1 BTC as a bounty.
+1 (to the fact that we need a blockexplorer) 2198*10+22 500 000 (premine).Quite easy Sure, go ahead and submit that equation to coinmarketcap.com and see how long it takes to get APH listed. Hint: never. COINMARKETCAP.COM REQUIRES THE ACTUAL NUMBER OF COINS. I HAVE DONE THIS HALF A DOZEN TIMES I KNOW WHAT I AM TALKING ABOUT. That it is taking this long when so much depends on that site and I am offering a .1 BTC bounty is absurd. |
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We can't get on coinmarketcap.com until we get a blockexplorer that shows the current number of coins in circulation. Will someone PLEASE DO THIS?
I will pay .1 BTC as a bounty.
+1 (to the fact that we need a blockexplorer) |
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We can't get on coinmarketcap.com until we get a blockexplorer that shows the current number of coins in circulation. Will someone PLEASE DO THIS?
I will pay .1 BTC as a bounty.
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We need a block explorer that shows number of current coins in circulation so we can get on CoinMarketCap.com.
I offer a .1 BTC bounty for this.
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This is what we call a shakeout of weak hands. Blowoff low on high volume. Time to go back up  |
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You put it up to a vote and the community is saying cut the reward to 100 or 500 but you're going to go against that?
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PIG has been added to Poloniex. If you could add Poloniex to its data, it would be appreciated. Thank you!
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To keep it REALLY simple, you could just take the block reward down to 100 coins per block. That will add enough age to the coin where you don't need to add a halvening or have more coins be created after the cap is hit as it'll take much longer to hit the cap and then we'll be established enough to rely on miner fees alone.
This is an excellent idea. I have avoided Piggy so far because of the block reward setup. If you do this, I would invest. I will start a vote on this, if the community agrees we will do it. Member MyFarm sent this "100 coins per block is still 72,000 coins per day and 26,280,000 coins per year. That's a LOT, but MUCH better than what we have now. As you are now, you're really NOT aimed to kids because there is no way you'll get a $.01 per coin valuation. No kid is going to play with $.00003223 per coin valuation. But with 100 coins per block, we can get a valuation of $.01 per coin in my opinion which kids DO understand.", and I think he´s right, that's just my position though, let's see what the community thinks. Pretty bad idea imo as it benefits current piggycoin holders way too much. What do you suggest? A bigger number than 100? Keep it the same or implement a decreasing block reward. Premine was 21 million coins. This corresponds to 5250 blocks which is already quite a large number. By lowering the block reward to 100 it'll increase to 210000 blocks. Will pretty much lose all credibility of the coin if this goes through imo. I was trying to avoid a decreasing block reward, what about keeping it the same and discuss it further ahead? As the voting page shows, people want a block reward decrease. If not 100, then 500 which I can live with. As long as you commit to giving most of those premine coins to kids and developing apps to support that, then we're in business and this coin can do a LOT of good. If you keep everything the same, I guarantee this coin will go nowhere. |
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To keep it REALLY simple, you could just take the block reward down to 100 coins per block. That will add enough age to the coin where you don't need to add a halvening or have more coins be created after the cap is hit as it'll take much longer to hit the cap and then we'll be established enough to rely on miner fees alone.
This is an excellent idea. I have avoided Piggy so far because of the block reward setup. If you do this, I would invest. I will start a vote on this, if the community agrees we will do it. Member MyFarm sent this "100 coins per block is still 72,000 coins per day and 26,280,000 coins per year. That's a LOT, but MUCH better than what we have now. As you are now, you're really NOT aimed to kids because there is no way you'll get a $.01 per coin valuation. No kid is going to play with $.00003223 per coin valuation. But with 100 coins per block, we can get a valuation of $.01 per coin in my opinion which kids DO understand.", and I think he´s right, that's just my position though, let's see what the community thinks. Pretty bad idea imo as it benefits current piggycoin holders way too much. What do you suggest? A bigger number than 100? Keep it the same or implement a decreasing block reward. Premine was 21 million coins. This corresponds to 5250 blocks which is already quite a large number. By lowering the block reward to 100 it'll increase to 210000 blocks. Will pretty much lose all credibility of the coin if this goes through imo. As Auroracoin and other coins have shown, having a large premine is ok as long as it is used for positive purposes. If we give most of those coins to kids like the coin intends, then not only do we not lose credibility, we do something amazing. |
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To keep it REALLY simple, you could just take the block reward down to 100 coins per block. That will add enough age to the coin where you don't need to add a halvening or have more coins be created after the cap is hit as it'll take much longer to hit the cap and then we'll be established enough to rely on miner fees alone.
This is an excellent idea. I have avoided Piggy so far because of the block reward setup. If you do this, I would invest. I will start a vote on this, if the community agrees we will do it. Member MyFarm sent this "100 coins per block is still 72,000 coins per day and 26,280,000 coins per year. That's a LOT, but MUCH better than what we have now. As you are now, you're really NOT aimed to kids because there is no way you'll get a $.01 per coin valuation. No kid is going to play with $.00003223 per coin valuation. But with 100 coins per block, we can get a valuation of $.01 per coin in my opinion which kids DO understand.", and I think he´s right, that's just my position though, let's see what the community thinks. Pretty bad idea imo as it benefits current piggycoin holders way too much. I understand what you're saying, but with the current block reward, there is no way kids are going to use this. We're just not going to get the necessary valuation in my opinion. I currently own 200,000 Piggy. If this fork goes live, I'll give 50,000 of it away on Poloniex if/when they adopt Piggy and 50,000 of it to kids in some way we come up with to help spread the love and fairness. The uniqueness of this currency is that it is targeted for kids. If kids aren't going to use it because it is too hard to understand, then NOBODY benefits. |
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Obviously you know my vote If this coin is going to be aimed towards kids which I think is AWESOME and what makes it unique, then we have to strive for a $.01 valuation per coin because that's what kids will understand. If a teacher sees that the kids have to deal with .0000421354 valuation per coin, I just don't think it's going to happen. Reducing the block reward keeps things simple yet allows there to still be tons of coin yet be rare enough that I feel we can get a $.01 valuation. If we DO fork, please be sure to fork at a future block so the pools and exchanges can implement the new code. I've seen a couple coins break because the dev put the fork only a few minutes ahead. Heheh. |
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Hey, as I stated before the coin is like this in the sake of simplicity. So its easier to understand and comprehend by outsiders. What if we add rewards after the last block, so miners keep the network alive and we can still keep it simple?
That would work. But maybe add a single halvening (soon) but take the coin down to maybe 100, 200, or 500 coins per block? That's still very simple and helps them understand what's going on with other coins. Otherwise you're going to flood the market with coins too fast and I think we'll have a hard time getting anyone to adopt this coin on a wide scale. To keep it REALLY simple, you could just take the block reward down to 100 coins per block. That will add enough age to the coin where you don't need to add a halvening or have more coins be created after the cap is hit as it'll take much longer to hit the cap and then we'll be established enough to rely on miner fees alone. |
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If anyone wants to sell me some piggycoin off exchange, please PM me. I'll buy 50,000+ coins.
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I've jumped onboard this coin. I like the idea of a coin aimed towards kids.
Question for the dev though:
1. What happens when the 2 billion coins are mined out? If there isn't reward halving, do blocks suddenly just stop giving coins?
2. I'd suggest a fork with some strong reward halving SOON and then at the last halving, let each block still have some number of coins so there is some incentive to mine much like dogecoin.
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I've been thinking...
Something just doesn't add up with the Armory using Darkcoin. There is absolutely no way any legit darknet site would use Darksend while it is still closed source.
What am I missing?
You're missing an important thing. Darkcoin is, at a minimum, as anonymous as bitcoin. That's worst case scenario if we say darksend can be cracked. If not, it's more anonymous than bitcoin, probably way more, and only getting better. I think it's a great move from the owners. What you're missing is anything that can inserted into closed source software such as backdoors. You have no idea what's in it because it's closed source. Thus, nobody truly interested in anonymity will ever run it. |
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