placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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April 21, 2015, 10:31:22 PM |
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don't mean to be a downer but this coin only generates 4,800 coins in a day and with a value of .0001 sat that's $108 for everyone to divide up.
right now there's 16 GH/s on the coin so with 100 MH/s that addsup to a whopping 67.5 cents in one day for your trouble.
100 mh/s elsewhere will get you $5/day - I could see this kind of enthusiasm for a coin that had not been pre-mined but the coins devs have a ton of coins out there for sale.
DEV doesn't have any coins, it was a ICO, he only has BTCs. Edit: So the whopping 67.5 cents is way to low, so the coin price will move higher.
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lifeforcepools
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April 21, 2015, 10:34:26 PM |
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don't mean to be a downer but this coin only generates 4,800 coins in a day and with a value of .0001 sat that's $108 for everyone to divide up.
right now there's 16 GH/s on the coin so with 100 MH/s that addsup to a whopping 67.5 cents in one day for your trouble.
100 mh/s elsewhere will get you $5/day - I could see this kind of enthusiasm for a coin that had not been pre-mined but the coins devs have a ton of coins out there for sale.
DEV doesn't have any coins, it was a ICO, he only has BTCs. Edit: So the whopping 67.5 cents is way to low, so the coin price will move higher. so the coin price will move higher.we shall see!!! good luck - I gabbed a few until I saw the network hash skyrocket... I never made any money fighting over scraps.
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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April 21, 2015, 10:35:28 PM |
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don't mean to be a downer but this coin only generates 4,800 coins in a day and with a value of .0001 sat that's $108 for everyone to divide up.
right now there's 16 GH/s on the coin so with 100 MH/s that addsup to a whopping 67.5 cents in one day for your trouble.
100 mh/s elsewhere will get you $5/day - I could see this kind of enthusiasm for a coin that had not been pre-mined but the coins devs have a ton of coins out there for sale.
DEV doesn't have any coins, it was a ICO, he only has BTCs. Edit: So the whopping 67.5 cents is way to low, so the coin price will move higher. so the coin price will move higher.we shall see!!! good luck - I gabbed a few until I saw the network hash skyrocket... I never made any money fighting over scraps. This coins reminds me of CRAVE but in a cheaper version, a lot cheaper.
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adaseb
Legendary
Offline
Activity: 3878
Merit: 1733
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April 21, 2015, 10:40:24 PM |
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Yes the difficulty is WAY TOO HIGH at the moment for mining. Not enough X11 rigs. Should of made it scrypt or SHA256
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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April 21, 2015, 10:43:12 PM |
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Yes the difficulty is WAY TOO HIGH at the moment for mining. Not enough X11 rigs. Should of made it scrypt or SHA256
30 GH for only a few coins, better to buy it on the exchange then mine it.
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adaseb
Legendary
Offline
Activity: 3878
Merit: 1733
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April 21, 2015, 10:47:11 PM |
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Yes the difficulty is WAY TOO HIGH at the moment for mining. Not enough X11 rigs. Should of made it scrypt or SHA256
30 GH for only a few coins, better to buy it on the exchange then mine it. Yes no idea why people are renting rigs when its magnitudes cheaper just to buy the coin directly.
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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April 21, 2015, 10:50:42 PM |
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Yes the difficulty is WAY TOO HIGH at the moment for mining. Not enough X11 rigs. Should of made it scrypt or SHA256
30 GH for only a few coins, better to buy it on the exchange then mine it. Yes no idea why people are renting rigs when its magnitudes cheaper just to buy the coin directly. Around 6 BTC rental cost for 4800 coins. 0.00125000 so 125k sats mining cost. Coin price 10k sats, something is not right
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lifeforcepools
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April 21, 2015, 10:58:22 PM |
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Yes the difficulty is WAY TOO HIGH at the moment for mining. Not enough X11 rigs. Should of made it scrypt or SHA256
it is scrypt
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| | | | │ | | │ | BUY CRYPTO AT REASONABLE RATES▄▄███████▄▄ ▄█████▀ ▀█████▄ ██████ ▄█▄ ██████ ██████ █████ ██████ █████ ▄ ███ ▄ █████ ████▌▐██ █ ██▌▐████ ███▄ ▀▀▌ ▐▀▀ ▄███ ▀████▄▄ ▄▄████▀ ▀▀███████▀▀ | ▄▄███████▄▄ ▄█████▀█▀█████▄ ████ ▀████ ███████ ███ █████ ███████ ▀█████ ███████ ███ █████ ████ ▄████ ▀█████▄█▄█████▀ ▀▀███████▀▀ | ▄▄███████▄▄ ▄█████▀▀▀█████▄ ██████ ▐███████ ██████▌ ▀▀███████ █████▀ ▄████████ ████▄ ▀▀▀▀▀▀████ ███▌ ▄███ ▀█████████████▀ ▀▀███████▀▀ | & | OTHER COINS |
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kevin1234a
Legendary
Offline
Activity: 1162
Merit: 1000
Decentralizing Jesus on the Blockchain
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April 21, 2015, 11:09:26 PM |
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i guess i just wokeup from a deep sleep but i dreamt of james bond 007
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Litecoinkid
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April 21, 2015, 11:09:43 PM |
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I have also bought a few rather than rent a rig to mine , the difficulty is far too high for my liking everyone is looking for the next crave coin.
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007coin (OP)
Newbie
Offline
Activity: 19
Merit: 0
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April 21, 2015, 11:27:11 PM Last edit: April 22, 2015, 04:37:37 AM by 007coin |
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Our Roadmap is coming tonight and it seems that, at the moment our mining difficulty is 10x the ICO cost!
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5trade
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April 21, 2015, 11:55:05 PM |
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ICO record sellout?
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njs811
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April 22, 2015, 12:40:19 AM |
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Any chance of getting this on Bittrex?
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Litecoinkid
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April 22, 2015, 12:44:40 AM |
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Im sure it won't be long before Bittrex, i'm all out of btc on 007 fuck mining it,i personally think the market is going to love this coin,lets see if i'm right lol,could this be the next train after crave we have been waiting for
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njs811
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April 22, 2015, 12:46:29 AM |
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Im sure it won't be long before Bittrex, i'm all out of btc on 007 fuck mining it,i personally think the market is going to love this coin,lets see if i'm right lol,could this be the next train after crave we have been waiting for I think so, I bought up some hoping for it.
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5trade
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April 22, 2015, 12:53:09 AM |
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cant hit trex yet unless miners deposit to it! ccex withdrawals and deposits locked until ICO over! Hey DEV buy all the coins on ccex and moon this beash!!!
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thelion07
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April 22, 2015, 01:46:46 AM |
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UPDATE STEP 2 ROADMAP
STEP 1: LAUNDER THE PRE-MINE ✓ beware of yet another PLACEBO-ICO-SCAM™ @freedom190000 on twitter
PLACEBO:
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cryptowest
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April 22, 2015, 03:37:22 AM |
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Your coin is going to freeze if too many people stop staking at the same time. 7 days min stake time is too long for a POS only coin, if your POS diff goes too high then you might have to wait 7 days to break the stuck chain and continue staking. Change it asap and push a fix... good luck also.. support miners instead of ICO if you care about crypto.
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007coin (OP)
Newbie
Offline
Activity: 19
Merit: 0
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April 22, 2015, 10:11:07 AM |
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UPDATE APRIL 22ND:We have decided to start with the betting site as the first of our big releases. This is being worked on now, and a frontend will be available for us 'leak' shortly, within 2 days or so. This roadmap covers only the major releases, but there will be constant activity over the next few days. We'd like to thank the miners, who have a lot of faith in this coin, the cost of mining is a lot higher than simply purchasing off the market so that is definitely a good sign.
There is also a lot of basic stuff that wouldn't fit on the roadmap, so we decided to make a smaller todo list:- Block explorer will be out within a day
- Nomp based multipool will be ready for PoW end
- Masternodes are being developed to allow escrow for 'side betting' on the casino and sports site
- Placeholder website should be out shortly
- Mixer nodes are being tested for implementation into casino site, might add this functionality to masternodes.
- Updated wallet with masternode and mixer node placeholder tabs soon, some cosmetic updates.
Please keep in mind this list will grow and shrink as the days go by. We would like to get a lot of this stuff done before the betting site goes live.We would also like to respond to this: Your coin is going to freeze if too many people stop staking at the same time. 7 days min stake time is too long for a POS only coin, if your POS diff goes too high then you might have to wait 7 days to break the stuck chain and continue staking. Change it asap and push a fix... good luck also.. support miners instead of ICO if you care about crypto. This is actually good advice. For all of you who don't know Cryptowest, he is the Positron developer and one of the leading 'brand' names in the cryptosphere. What he's saying here is that because you have to wait 7 days for your coins to even have a chance to stake, if too many people stop staking, the entire coin could halt because the network PoS difficulty will be too high for smaller stake holders to generate blocks. Our response is that the long pow period should give ample time for wallets to build up age, and we plan on making the masternodes hold enough coins that they will always be staking. If this truly becomes a problem, we will fork the code as a last resort. As for supporting miners, we left a significant portion of the coins for the pow phase, and that is really working for us. We think that having coins in as many wallets as possible is healthy for the network. Please let us know what you think of this response, it's nice to see we attracted talented devs to the thread.[/list]
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trunks
Newbie
Offline
Activity: 28
Merit: 0
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April 22, 2015, 11:32:20 AM |
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the people who made this coin bought almost the whole ico from themselfs in the first hour. it is essentially a 70% premined coin.
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