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Author Topic: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - PROOF OF STAKE - ZEROCOIN  (Read 744698 times)
rocoro
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April 17, 2017, 01:46:49 PM
 #7481

A reminder about Dash or its clones...

Dash has a 2 tier network (masternodes). Decred has a 1 tier network. With Decred, your coins are locked after purchasing tickets (voting rights) (constraining the supply).  With Dash, you can sell a masternode at any time.  With Decred, anyone can vote / participate.  With Dash, only the wealthy can participate.  With Decred, upgrades are precoded into the chain.  The chain automatically switches to the upgrades after a successful "yes" vote.  With Dash, the developers must then code the upgrade after the vote and hope everyone switches.  Decred is a decentralized autonomous organization (DAO), designed from the ground up.  It has a unique consensus system (which makes an "ethereum classic situation" extremely unlikely), is self funding, and is written from scratch in Golang by very well respected bitcoin developers (BTC Suite)

 Roll Eyes Roll Eyes Roll Eyes

Plus, you forgot to mention Zerocoin based coins are not trustless.

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April 17, 2017, 03:50:26 PM
 #7482

Now and I got my information's right about how staking/POS works, I'm curious to understand how this coin won't lose value If there is no maximum supply and people will be able to keep generating it forever? An infinite amount of coins won't make the value of the coin so small logically as It's based on supply and demand?


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noobtrader
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April 17, 2017, 03:52:45 PM
 #7483

Now and I got my information's right about how staking/POS works, I'm curious to understand how this coin won't lose value If there is no maximum supply and people will be able to keep generating it forever? An infinite amount of coins won't make the value of the coin so small logically as It's based on supply and demand?

maybe community can vote to make finite supply ?


EDIT ::: oh no.. this is POS, it need to generating coin forever.

"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...",  satoshi@vistomail.com
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April 17, 2017, 05:21:59 PM
 #7484

Now and I got my information's right about how staking/POS works, I'm curious to understand how this coin won't lose value If there is no maximum supply and people will be able to keep generating it forever? An infinite amount of coins won't make the value of the coin so small logically as It's based on supply and demand?

Block rewards are still winding down but in 2018 and beyond, only 2.5million will be minted per year which will providing a steady but SLIGHTLY decreasing amount of inflation

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April 17, 2017, 06:26:27 PM
 #7485

Now and I got my information's right about how staking/POS works, I'm curious to understand how this coin won't lose value If there is no maximum supply and people will be able to keep generating it forever? An infinite amount of coins won't make the value of the coin so small logically as It's based on supply and demand?

Additionally,  if you understand how zerocoin works.. its not trustless.   The creators could just keep making more for themselves.

Do your research.
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April 17, 2017, 06:30:37 PM
 #7486

Now and I got my information's right about how staking/POS works, I'm curious to understand how this coin won't lose value If there is no maximum supply and people will be able to keep generating it forever? An infinite amount of coins won't make the value of the coin so small logically as It's based on supply and demand?

If we are talking in timescales of months and years, rather than decades or centuries, the difference between a POS coin with decreasing inflation and a coin with finite supply is small, if not negligible. What's more relevant, from an inflation perspective, is the immediate and future supply of minted coins over the investment horizon specified.

That being said, the inflation/supply cap discussion is largely irrelevant in the context of the price volatility at this early stage in the life cycle of most cryptocurrencies. Only in extreme cases such as Dogecoin should that be considered an issue, if you are looking to hold for several years.

A small but continuous rate of inflation is arguably a desirable property of a currency in the long run and there are question marks over the long term viability of a coin with a hard supply cap in terms of it's use case as a currency and it's long term sustainability as an investment. For example, with coins that have a supply cap, there may eventually reach a threshold at which the costs of mining outweigh the returns to be gained from the diminishing block reward.

I think that the discussion around coinflation/coin supply perhaps carries too much weight in the decision making process behind whether to invest in XYZ coin and in most cases you'd be best served to ignore concerns about this and focus on the underlying technology, the community and the development team behind the coin.
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April 17, 2017, 07:17:22 PM
 #7487

There appears to be still bugs in the wallet.

1. Installed new wallet and blockchain.

2. Closed the wallet and added "staking=1" to the .conf file.

3. Opened wallet then encrypted the wallet.

---Indefinite hang on the wallet

Maybe should encrypt the wallet before editing the .conf file. Will try again that way.


Feature request

1. Please make a lite wallet
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April 17, 2017, 07:51:07 PM
 #7488

Now and I got my information's right about how staking/POS works, I'm curious to understand how this coin won't lose value If there is no maximum supply and people will be able to keep generating it forever? An infinite amount of coins won't make the value of the coin so small logically as It's based on supply and demand?

U can't lose something if u don't have it. How it plunge while being worthless? What u are talking about makes no sense, cryptos are deflationary currencies, unlimited supply poses no threat to the value as long as the amount of minable coins auto-adjusts in accordance with the difficulty which is inversely proportional to the quantity of miners.
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April 18, 2017, 04:32:29 AM
 #7489

due to poor distribution a few people (probably devs) in an atemp to hold the price down to make it look more attractive to polonex yesterday ,,, have destroyed the price upward momentum and faith. in what could only be described as a child having a temper tantrum I watched as 10's of thousands worth of pivx was flung into high buy pressure at the 15 - 16 range . 5 - 20 btc walls were placed as every time the price lowered, more endless mini dumps ensued. any discussion of this coin being evenly distributed should be met with hysterical laughter . I get it you all had dreams of having access to polonex's large trade volume, as that becomes more and more unlikely ,, the dirty little secret about this coin , is going to get dumped all over unsuspecting investors ,, how much they own is anybody's speculation ,,, but from what I seen last night with the utterly wasteful and ridiculously large walls and dumps leads me to believe polonex is very wise not to add this coin

be honest dev what percent you guys got ,, at this point I think is well above 30

PS happy trading back in the 14's everybody
a20756079
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April 18, 2017, 04:35:01 AM
 #7490

the coin is like a breath of fresh air.ye

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April 18, 2017, 04:48:29 AM
 #7491

expect panic sells today as the coins second failure to breach the $1 mark becomes evident today.  second downward trend followed by panic sales as the market wakes.
With Monday and hypothetical Polo addition and Chinese market PR campaign start?? Not very sure about that, most probable scenario plain day in my opinion.

Salute





polo addition unlikely due to wallets built in bittrex trading api ,,,, chinese markets started the downward trend. in my opinion price will take a hard fall today on the apparent 2nd failure of breaching the 1 dollar mark
due to poor distribution a few people (probably devs) in an atemp to hold the price down to make it look more attractive to polonex yesterday ,,, have destroyed the price upward momentum and faith. in what could only be described as a child having a temper tantrum I watched as 10's of thousands worth of pivx was flung into high buy pressure at the 15 - 16 range . 5 - 20 btc walls were placed as every time the price lowered, more endless mini dumps ensued. any discussion of this coin being evenly distributed should be met with hysterical laughter . I get it you all had dreams of having access to polonex's large trade volume, as that becomes more and more unlikely ,, the dirty little secret about this coin , is going to get dumped all over unsuspecting investors ,, how much they own is anybody's speculation ,,, but from what I seen last night with the utterly wasteful and ridiculously large walls and dumps leads me to believe polonex is very wise not to add this coin

be honest dev what percent you guys got ,, at this point I think is well above 30

PS happy trading back in the 14's everybody
Hope you continue being so good at your predictions.
Salute

Beware with ENT, shaddy things happen when try to mine it...
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April 18, 2017, 04:56:30 AM
 #7492

expect panic sells today as the coins second failure to breach the $1 mark becomes evident today.  second downward trend followed by panic sales as the market wakes.
With Monday and hypothetical Polo addition and Chinese market PR campaign start?? Not very sure about that, most probable scenario plain day in my opinion.

Salute





polo addition unlikely due to wallets built in bittrex trading api ,,,, chinese markets started the downward trend. in my opinion price will take a hard fall today on the apparent 2nd failure of breaching the 1 dollar mark
due to poor distribution a few people (probably devs) in an atemp to hold the price down to make it look more attractive to polonex yesterday ,,, have destroyed the price upward momentum and faith. in what could only be described as a child having a temper tantrum I watched as 10's of thousands worth of pivx was flung into high buy pressure at the 15 - 16 range . 5 - 20 btc walls were placed as every time the price lowered, more endless mini dumps ensued. any discussion of this coin being evenly distributed should be met with hysterical laughter . I get it you all had dreams of having access to polonex's large trade volume, as that becomes more and more unlikely ,, the dirty little secret about this coin , is going to get dumped all over unsuspecting investors ,, how much they own is anybody's speculation ,,, but from what I seen last night with the utterly wasteful and ridiculously large walls and dumps leads me to believe polonex is very wise not to add this coin

be honest dev what percent you guys got ,, at this point I think is well above 30

PS happy trading back in the 14's everybody
Hope you continue being so good at your predictions.
Salute

on April 4th I was right look at the charts dummy Wink

hahaha made them pump Tongue
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April 18, 2017, 05:20:27 AM
 #7493

we need a big market exchange more than trex
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April 18, 2017, 05:28:26 AM
 #7494

we need a big market exchange more than trex
I don't know, the price may go down because the coins are all spreading around exchanges.

 
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noobtrader
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April 18, 2017, 05:36:50 AM
 #7495

 Pivx price rises too fast, i think price correction should happen if this is a healthy price discovery.

"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...",  satoshi@vistomail.com
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April 18, 2017, 08:14:54 AM
 #7496

expect panic sells today as the coins second failure to breach the $1 mark becomes evident today.  second downward trend followed by panic sales as the market wakes.
With Monday and hypothetical Polo addition and Chinese market PR campaign start?? Not very sure about that, most probable scenario plain day in my opinion.

Salute





polo addition unlikely due to wallets built in bittrex trading api ,,,, chinese markets started the downward trend. in my opinion price will take a hard fall today on the apparent 2nd failure of breaching the 1 dollar mark
due to poor distribution a few people (probably devs) in an atemp to hold the price down to make it look more attractive to polonex yesterday ,,, have destroyed the price upward momentum and faith. in what could only be described as a child having a temper tantrum I watched as 10's of thousands worth of pivx was flung into high buy pressure at the 15 - 16 range . 5 - 20 btc walls were placed as every time the price lowered, more endless mini dumps ensued. any discussion of this coin being evenly distributed should be met with hysterical laughter . I get it you all had dreams of having access to polonex's large trade volume, as that becomes more and more unlikely ,, the dirty little secret about this coin , is going to get dumped all over unsuspecting investors ,, how much they own is anybody's speculation ,,, but from what I seen last night with the utterly wasteful and ridiculously large walls and dumps leads me to believe polonex is very wise not to add this coin

be honest dev what percent you guys got ,, at this point I think is well above 30

PS happy trading back in the 14's everybody
Hope you continue being so good at your predictions.
Salute

on April 4th I was right look at the charts dummy Wink

hahaha made them pump Tongue
There was no hard fall, except if you are a very weak hand. Day was plain. If you are so smart you should have got tens of BTC with PIVx. Why so much concern? :p
Ah, do you made anything eñse here that troll PIVx and Strats threads? Very sad and boring life even for a loser.

Beware with ENT, shaddy things happen when try to mine it...
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April 18, 2017, 08:20:11 AM
 #7497

If was a tiny reflection of the appreciation of Bitcoin's market increase where both some weak hands and some day trader shortlisted their holdings on temporarily. We will see those people coming back to the market with more profit for new spike in the market. This may be called correction at the same time with current prices.
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April 18, 2017, 08:25:48 AM
 #7498

what do you guys think will happen, if PIVX won't be listet on Polo?
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April 18, 2017, 09:02:47 AM
 #7499

what do you guys think will happen, if PIVX won't be listet on Polo?

can you take a walk outside to the park or something , if you have a dog walk it, enjoy the sunshine, its beautiful out there!

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
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April 18, 2017, 09:20:34 AM
 #7500

Can somebody explain me why PIVX wouldn't be listed on Poloniex? Thanks! Smiley

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