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Author Topic: [ANN] Genstake [GEN] [QT WALLET UPDATE] [STAKE-MINE] [SCRYPT] [FULL POW/POS]  (Read 37123 times)
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Ironhorse
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July 15, 2015, 07:50:26 PM
 #421

We will be patient and continue with the staking until news. I really want to see the new features and watch as the coin grows.
not.you
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July 17, 2015, 06:02:52 PM
 #422

I am very attentive to this coin, to see when the price goes up to attract the attention of more users.

Thank you for the information WCIR.
Well, i do not see price going up, i check it every day and i do not see any buys tho, just sells!  0.287BTC buysupport..
No new Investors jumping on this Coin.

If you are checking it every day then you have to be happy about what you have seen yesterday and today.
badam
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July 17, 2015, 06:13:54 PM
 #423

I am very attentive to this coin, to see when the price goes up to attract the attention of more users.

Thank you for the information WCIR.
Well, i do not see price going up, i check it every day and i do not see any buys tho, just sells!  0.287BTC buysupport..
No new Investors jumping on this Coin.

If you are checking it every day then you have to be happy about what you have seen yesterday and today.

Yep today gen had a nice rise lot of buys but pretty weak buy support let's see if weak hands will have the urge to dump in such small buy walls Smiley
hoolinnne
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July 23, 2015, 08:31:22 PM
 #424

How are things going on here, dev?  Cool
Dexter12
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July 26, 2015, 08:52:17 AM
Last edit: July 26, 2015, 11:37:28 AM by Dexter12
 #425

Dump to 8xxSats + warning about getting delisted on trex - not good at all!!
Do we have any plans?
We have to try to get GEN on Polo or cryptsy.
indolaron
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July 26, 2015, 12:28:03 PM
 #426

Yeahhh...its not good !!!  Huh
approximately continuation of this coin?
Dexter12
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July 26, 2015, 12:33:40 PM
Last edit: July 26, 2015, 06:19:43 PM by Dexter12
 #427

Dev, you really have to do more promotion or hire someone to do promo for GEN.
hexdump
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July 26, 2015, 07:52:43 PM
 #428

Dump to 8xxSats + warning about getting delisted on trex - not good at all!!
Do we have any plans?
We have to try to get GEN on Polo or cryptsy.
I suspect dump was due to trex market inactivity message !!!
Bittrex isn't  the best exchange choice  for this type of coin ,  people wanna hold it rather then  trade .
On the other hand its good time to get bags filled up with cheap gen.

-`ღ´- canada eCoin CDN |  #ourCoin |  TwitterExplorerPool  | Bitcoin Talk | Discord -`ღ´-
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Lovethecoins
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July 28, 2015, 12:18:24 AM
 #429

 Shocked  Still nothing happening here? Someone just saving it from delisting?

locohammerhead
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July 28, 2015, 04:20:26 AM
 #430

I like the thought of this coin.  I will mine this for a little while and stake what I can.  I bought a little "starter" GEN today.  The block I've set should stake sometime tomorrow or the next.  Should get some volume going Smiley

locohammerhead
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July 28, 2015, 04:35:50 AM
 #431

I am very attentive to this coin, to see when the price goes up to attract the attention of more users.

Thank you for the information WCIR.
Well, i do not see price going up, i check it every day and i do not see any buys tho, just sells!  0.287BTC buysupport..
No new Investors jumping on this Coin.

When you look at the numbers only around 2% of the total coins are listed for sale at bittrex. People are still staking because coins are still doubling at unbelievable rates. Prices won't go up until the staking difficulty rises more, because the weak hands can just dump the massive amount of coins they are staking. Now is the smart time to invest, because you can easily double your investment by staking, but you have to be in it for the long haul until the total coin supply stops doubling every month.

Yeah, early days are a bit like early bitcoin. We're looking at about 30% increase in the coinbase by the end of the month, but the %'s are going down a lot. August 1 coins will double around Oct 1st, Oct 1st coins will double Feb 1st, etc. Then rewards halve in June next year.

The two factors people should look at are the coins actually getting mined - which is 3600 coins/day, and the long-term valuation. The reason for the mined coins is because if the price goes too high then multipools will jump on it, and multipools typically dump straight out for bitcoin to trade into other coins, so the market has to be prepared to sustain sells of 3600 coins/day.

Staked coins are less important to sustain because you have to stake in order to have them in the first place, and staking requires strong hands.



*** Sorry I've been away, I've had major internet issues and I haven't had any internet access at home since Sunday. I just got service with another company so hopefully that problem is sorted. Onwards! ***

Yeah the coin distribution looks nice and you hit the nail on the head.  Stay under the radar of multipools.  Not only do they dump all the coins, they also skyrocket the mining difficulty which deters people from mining the coin in the first place and can mess up block times.

Lovethecoins
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July 28, 2015, 04:39:48 AM
 #432

I believe coinmarketcap supply count is wrong

Dexter12
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July 28, 2015, 10:13:47 AM
 #433

 congrats to the guys catching that dump! Almost 7% of current supply just changed hands.
kb4scv
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August 02, 2015, 04:55:57 PM
 #434

Interesting coin, does the Dev show up any more?
not.you
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August 02, 2015, 10:01:25 PM
 #435

Interesting coin, does the Dev show up any more?

Last post was a couple weeks ago but he has been on the boards as recently as today.
kb4scv
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August 02, 2015, 10:11:54 PM
 #436

Cool, keeping an eye on this one......
kb4scv
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August 07, 2015, 11:06:17 PM
 #437

Guess Dev is AWOL?
CryptoHobo
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August 08, 2015, 07:02:02 PM
 #438

Guess Dev is AWOL?

he's logging into the forums but not really saying anything anywhere, a pm would probably draw his attention if you're concerned
Lovethecoins
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August 10, 2015, 05:27:41 AM
 #439

pretty quiet around here

crackfoo
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August 10, 2015, 03:37:15 PM
 #440

FYI, We dropped GEN from our pool, www.xpool.ca

Cheers!

ZPOOL - the miners multipool! Support We pay 10 FLUX Parallel Assets (PA) directly to block rewards! Get paid more and faster. No PA fee's or waiting around for them, paid instantly on every block found!
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