barabbas
Legendary
 Offline
Activity: 1162
Merit: 1000
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August 07, 2015, 04:41:15 AM |
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Wow just looking around on coinmarketcap.com and this coin currenlty has a market cap of $ 44,558 at current rank of 182.
This coin is seriously undervalued right now IMO. Give the dev some time, I for one think this coin could easily obtain 10X the market cap it has today in the near future.
That's just the way Coinmarketcap values these projects. The real valuation of this one though, at this moment, is $308,000 (10 million coins*11,000 sat*280). It is low but, everything considered, it is just conservatively low. Many, many, many people would invest heavily in this, and at much higher levels, if the ever present red flags were to be reduced or eliminated. Time is quickly running out on a few of them and for those Sunday night will just be too late. You can say that but the current market cap is not 308,000 it is ~44,000. The 10 million mark won't be reached for FOUR years and one month is forever in crypto so to me it make 0 sense to value a project based on its final amount of coins instead of its current. It would seem most people agree with me since that is how coinmarketcap is setup and when you hear people talk about Bitcoins market cap they don't use 21 million mark because it won't be reached until 2140 or something. Oh you are VERY wrong there. The distribution is being highly accelerated and the 10 million mark will be reached -if the project survives- much, much, much earlier. Just take a look at the OP's distribution timeline and you'll see we will be there, like I said, much sooner that 4 years. Otherwise, you can choose to value it in whichever way you want. Everyone does anyway, so why not? |
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megadestruct61
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August 07, 2015, 04:46:01 AM
Last edit: August 07, 2015, 05:12:52 AM by megadestruct61 |
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Wow just looking around on coinmarketcap.com and this coin currenlty has a market cap of $ 44,558 at current rank of 182.
This coin is seriously undervalued right now IMO. Give the dev some time, I for one think this coin could easily obtain 10X the market cap it has today in the near future.
That's just the way Coinmarketcap values these projects. The real valuation of this one though, at this moment, is $308,000 (10 million coins*11,000 sat*280). It is low but, everything considered, it is just conservatively low. Many, many, many people would invest heavily in this, and at much higher levels, if the ever present red flags were to be reduced or eliminated. Time is quickly running out on a few of them and for those Sunday night will just be too late. You can say that but the current market cap is not 308,000 it is ~44,000. The 10 million mark won't be reached for FOUR years and one month is forever in crypto so to me it make 0 sense to value a project based on its final amount of coins instead of its current. It would seem most people agree with me since that is how coinmarketcap is setup and when you hear people talk about Bitcoins market cap they don't use 21 million mark because it won't be reached until 2140 or something. Oh you are VERY wrong there. The distribution is being highly accelerated and the 10 million mark will be reached -if the project survives- much, much, much earlier. Just take a look at the OP's distribution timeline and you'll see we will be there, like I said, much sooner that 4 years. Otherwise, you can choose to value it in whichever way you want. Everyone does anyway, so why not? Blocks 1758961 - Forever = 1 AXIOM per block by your logic the value of this project should be infinity. Makes 0 sense. I do not care really if blockchain is moving faster then it was intended to. All that matters is the current number of coins and the current price. Thats how you value it. You can value it however you like but I think this is the standard way and how most people do. |
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SockPuppetAccount
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August 07, 2015, 05:05:22 AM |
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Not a single orphan all day, for over 20 hours and now 4 practically one after another. Rats!
Manually resync your PCs clock. Tight timedrift like all POS 2.0, just trust me.
Blocks 1758961 - Forever = 1 AXIOM per block
by your logic the value of this project should be infinity. Makes 0 sense. I do not care really if blockchain is moving faster then it was intended to. All that matters is the current number of coins the and the current price. Thats how you value it. You can value it however you like but I think this is the standard way and how most people do.
Yes, this is correct. All the online marketcap indexes calculate it as current coins x current price. Final marketcap is really useless for guiding your trading decisions in the short to medium term and 99% of your trading decisions should be short to medium term in crypto, seeing as the vast majority of coins are dead within the month. Current market cap, emission rate, inflation, and volume are what is important. |
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barabbas
Legendary
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Activity: 1162
Merit: 1000
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August 07, 2015, 05:29:12 AM |
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Not a single orphan all day, for over 20 hours and now 4 practically one after another. Rats!
Manually resync your PCs clock. Tight timedrift like all POS 2.0, just trust me.
Blocks 1758961 - Forever = 1 AXIOM per block
by your logic the value of this project should be infinity. Makes 0 sense. I do not care really if blockchain is moving faster then it was intended to. All that matters is the current number of coins the and the current price. Thats how you value it. You can value it however you like but I think this is the standard way and how most people do.
Yes, this is correct. All the online marketcap indexes calculate it as current coins x current price. Final marketcap is really useless for guiding your trading decisions in the short to medium term and 99% of your trading decisions should be short to medium term in crypto, seeing as the vast majority of coins are dead within the month. Current market cap, emission rate, inflation, and volume are what is important. Thank you for the tip. I know how valuations are calculated in most cases, I just disagree with that fake "valuation". And so do markets and everyone else, naturally. I also disagree regarding the "vast majority" being dead within a month. It may sound like a nice sound byte but, in actuality, it's meaningless and untrue. Most coin projects survive months, even years (plural), so much more than a month. In this particular case, not taking into consideration the relatively short term by which it will be fully distributed -with the 1 coin per block forever" being only a small interest to keep the network going-, would be completely absurd EVEN if considering that the project won't survive longer than a few months. Calculating a price that, everything remaining the same, will be double simply by the amount of coins in circulation, in a month or so, is choosing to carry blinders to reality. But hey, to each his own. |
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infernoman
Legendary
Offline
Activity: 964
Merit: 1000
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August 07, 2015, 05:38:47 AM |
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does anyone know how to setup the QT for solo mining? i have tried adding a .conf file with a user and password to connect with, and -server=1 is there. but still no luck connecting the nicehash miner to my wallet
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ozboy2014
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August 07, 2015, 07:22:17 AM |
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a fair bit of orphan blocks...
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ocminer
Legendary
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Activity: 2660
Merit: 1240
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August 07, 2015, 07:28:24 AM |
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does anyone know how to setup the QT for solo mining? i have tried adding a .conf file with a user and password to connect with, and -server=1 is there. but still no luck connecting the nicehash miner to my wallet
Won't work.. Nicehash requires stratum, the wallet is getwork. |
suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools |
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infernoman
Legendary
Offline
Activity: 964
Merit: 1000
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August 07, 2015, 07:34:24 AM |
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does anyone know how to setup the QT for solo mining? i have tried adding a .conf file with a user and password to connect with, and -server=1 is there. but still no luck connecting the nicehash miner to my wallet
Won't work.. Nicehash requires stratum, the wallet is getwork. sorry shouldve clarified that a bit better, the miner that i meant was the one made by nicehash or for nicehash? the cpuminer bin file. it should be like mining with sgminer to your wallet, but ive never been able to figure it out before scratch that, got it now. since i grabbed a few blocks over the past few days i thought i would try by myself |
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NiceHashSupport
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August 07, 2015, 09:31:43 AM |
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does anyone know how to setup the QT for solo mining? i have tried adding a .conf file with a user and password to connect with, and -server=1 is there. but still no luck connecting the nicehash miner to my wallet
Won't work.. Nicehash requires stratum, the wallet is getwork. sorry shouldve clarified that a bit better, the miner that i meant was the one made by nicehash or for nicehash? the cpuminer bin file. it should be like mining with sgminer to your wallet, but ive never been able to figure it out before scratch that, got it now. since i grabbed a few blocks over the past few days i thought i would try by myself It should work, but according to our tests, cpuminer isn't nicely optimized for getting work from wallet. The mining load on CPUs was not 100% any more, but fluctuated which reduced mining speed. I guess you would get more in pooled mining. |
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LordPiccolo
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August 07, 2015, 10:44:59 AM |
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a fair bit of orphan blocks...
From POS or POW? I have 4 orphan blocks in the last week and 68 correct blocks. I have been finding blocks with coin clumps of 100 axiom. Quite happy with the results so far |
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usamamalik555
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August 07, 2015, 10:52:01 AM |
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what is difference between pos and pow.. ??
please give me defination in simple english
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PnD team
Newbie
Offline
Activity: 28
Merit: 0
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August 07, 2015, 11:05:07 AM |
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does anyone know how to setup the QT for solo mining? i have tried adding a .conf file with a user and password to connect with, and -server=1 is there. but still no luck connecting the nicehash miner to my wallet
Won't work.. Nicehash requires stratum, the wallet is getwork. sorry shouldve clarified that a bit better, the miner that i meant was the one made by nicehash or for nicehash? the cpuminer bin file. it should be like mining with sgminer to your wallet, but ive never been able to figure it out before scratch that, got it now. since i grabbed a few blocks over the past few days i thought i would try by myself It should work, but according to our tests, cpuminer isn't nicely optimized for getting work from wallet. The mining load on CPUs was not 100% any more, but fluctuated which reduced mining speed. I guess you would get more in pooled mining. I also noticed that when miner was out its mining for like 2-3 seconds 100% cpu load then it cools off for 1 second 0% cpu usage. |
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ozboy2014
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August 07, 2015, 11:09:12 AM |
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a fair bit of orphan blocks...
From POS or POW? I have 4 orphan blocks in the last week and 68 correct blocks. I have been finding blocks with coin clumps of 100 axiom. Quite happy with the results so far POS |
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1.25L
Member
Offline
Activity: 98
Merit: 10
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August 07, 2015, 11:22:37 AM |
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to buy or not to buy whats new and fresh about this coin common guys tempt me into buying go
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PnD team
Newbie
Offline
Activity: 28
Merit: 0
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August 07, 2015, 11:34:15 AM |
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to buy or not to buy whats new and fresh about this coin common guys tempt me into buying go
Current block http://e.axiomcoin.xyz/Proof of Stake (POS) Schedule Blocks 156241 - 160560 = 80 AXIOM per block Blocks 160561 - 164880 = 200 AXIOM per block Blocks 164881 - 169200 = 110 AXIOM per block Blocks 169201 - 173520 = 60 AXIOM per block Blocks 173521 - 177840 = 40 AXIOM per block Blocks 177841 - 182160 = 20 AXIOM per block Blocks 182161- 707760 = 5 AXIOM per block Blocks 707761- 1233360 = 2.5 AXIOM per block Blocks 1233361 - 1758960 = 1.25 AXIOM per block Blocks 1758961 - Forever = 1 AXIOM per block |
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g3rszpi
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August 07, 2015, 11:41:27 AM |
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to buy or not to buy whats new and fresh about this coin common guys tempt me into buying go
Current block http://e.axiomcoin.xyz/Proof of Stake (POS) Schedule Blocks 156241 - 160560 = 80 AXIOM per block Blocks 160561 - 164880 = 200 AXIOM per block Blocks 164881 - 169200 = 110 AXIOM per block Blocks 169201 - 173520 = 60 AXIOM per block Blocks 173521 - 177840 = 40 AXIOM per block Blocks 177841 - 182160 = 20 AXIOM per block Blocks 182161- 707760 = 5 AXIOM per block Blocks 707761- 1233360 = 2.5 AXIOM per block Blocks 1233361 - 1758960 = 1.25 AXIOM per block Blocks 1758961 - Forever = 1 AXIOM per block Yeah but you have to own a quiet large ammount to get chance  |
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PnD team
Newbie
Offline
Activity: 28
Merit: 0
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August 07, 2015, 11:43:52 AM |
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to buy or not to buy whats new and fresh about this coin common guys tempt me into buying go
Current block http://e.axiomcoin.xyz/Proof of Stake (POS) Schedule Blocks 156241 - 160560 = 80 AXIOM per block Blocks 160561 - 164880 = 200 AXIOM per block Blocks 164881 - 169200 = 110 AXIOM per block Blocks 169201 - 173520 = 60 AXIOM per block Blocks 173521 - 177840 = 40 AXIOM per block Blocks 177841 - 182160 = 20 AXIOM per block Blocks 182161- 707760 = 5 AXIOM per block Blocks 707761- 1233360 = 2.5 AXIOM per block Blocks 1233361 - 1758960 = 1.25 AXIOM per block Blocks 1758961 - Forever = 1 AXIOM per block Yeah but you have to own a quiet large ammount to get chance Thats not my problem  |
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1.25L
Member
Offline
Activity: 98
Merit: 10
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August 07, 2015, 11:54:13 AM |
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to buy or not to buy whats new and fresh about this coin common guys tempt me into buying go
Current block http://e.axiomcoin.xyz/Proof of Stake (POS) Schedule Blocks 156241 - 160560 = 80 AXIOM per block Blocks 160561 - 164880 = 200 AXIOM per block Blocks 164881 - 169200 = 110 AXIOM per block Blocks 169201 - 173520 = 60 AXIOM per block Blocks 173521 - 177840 = 40 AXIOM per block Blocks 177841 - 182160 = 20 AXIOM per block Blocks 182161- 707760 = 5 AXIOM per block Blocks 707761- 1233360 = 2.5 AXIOM per block Blocks 1233361 - 1758960 = 1.25 AXIOM per block Blocks 1758961 - Forever = 1 AXIOM per block Yeah but you have to own a quiet large ammount to get chance Thats not my problem noone is telling me what this coin is offering that is differant from the rest |
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Fuzzbawls
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August 07, 2015, 11:56:40 AM |
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to buy or not to buy whats new and fresh about this coin common guys tempt me into buying go
Current block http://e.axiomcoin.xyz/Proof of Stake (POS) Schedule Blocks 156241 - 160560 = 80 AXIOM per block Blocks 160561 - 164880 = 200 AXIOM per block Blocks 164881 - 169200 = 110 AXIOM per block Blocks 169201 - 173520 = 60 AXIOM per block Blocks 173521 - 177840 = 40 AXIOM per block Blocks 177841 - 182160 = 20 AXIOM per block Blocks 182161- 707760 = 5 AXIOM per block Blocks 707761- 1233360 = 2.5 AXIOM per block Blocks 1233361 - 1758960 = 1.25 AXIOM per block Blocks 1758961 - Forever = 1 AXIOM per block Yeah but you have to own a quiet large ammount to get chance Thats not my problem noone is telling me what this coin is offering that is differant from the rest PoS 3.0 soon and a difficult algo now |
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