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Author Topic: [ANN] • CYGNUS • [CYG] • X11 POW/POS • Consensus Polls • Dynamic Development  (Read 59642 times)
pazor_true
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i love Emerald (EMD)


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March 01, 2016, 07:13:34 AM
 #441

still nothing wtf guys?


Pm cygnus dev with translated announcement as link

BTC 12jiBjT2GSWYk2HwYdPqsQMuLqZ1br9D37 - i am Pazor
Abou Talha
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March 01, 2016, 07:30:25 AM
 #442

This coin reminds me the alts of last year, after Crave pump. There was too many copies, like Darkcrave, Tron, DarkTron, Shellcoin, EQM, etc.
Now, with Decred, we will see many copies again ; Cygnus is the first one.
bathrobehero
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ICO? Not even once.


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March 01, 2016, 07:48:14 AM
 #443

I would suggest for the first proposal in the round a change of X11 algorithm to something that is ASIC-proof, cause we have ASICs for X11 already.

I'd agree but you know the PoW will end sooner.


Fucking miners of this coin are dumping and dumping, they are killing the price of this coin, FUCKING MINERS go to the fucking hell.
Yobit cant handle the ammount of the dumps. We need urgently Bittrex. I already lose half of my invest. Im not saying the coin is bad.
Im just saying fucking miners, today more than 500 k coins were dumped.  Angry

If you guys have this coin, send all your coins to your wallet, lets steal all the blocks to the miners. dont let that guys made money with us.

Just shut up. You have zero understanding of mining or even supply and demand.
It doesn't matter how the coins are generated PoW/PoS/Airdrop/ICO/etc, the price will go down if there are more coins being generated than the people interested enough to invest.

It's your damn fault if you pull the lever and blindly invest into a coin without using some basic math and common sense first.

Not your keys, not your coins!
lestherat
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March 01, 2016, 07:49:17 AM
 #444

Anyone know the cost to mine CYG right now?
I mean what is the cost to each CYG for the miners, at this price 200 sats, is proffitable to they still mining?


Just shut up. You have zero understanding of mining or even supply and demand.
It doesn't matter how the coins are generated PoW/PoS/Airdrop/ICO/etc, the price will go down if there are more coins being generated than the people interested enough to invest.

It's your damn fault if you pull the lever and blindly invest into a coin without using some basic math and common sense first.


Yes yes yes, but its not normal a dump of more than 700,000 coins in one day
kampretkabur
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March 01, 2016, 07:51:30 AM
 #445

Anyone know the cost to mine CYG right now?
I mean what is the cost to each CYG for the miners, at this price 200 sats, is proffitable to they still mining?
i dont know for sure what the cost is, but looking that there is POS, i could say that it might be beter to just buy it than to mine
avitas
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March 01, 2016, 07:51:40 AM
 #446

This coin reminds me the alts of last year, after Crave pump. There was too many copies, like Darkcrave, Tron, DarkTron, Shellcoin, EQM, etc.
Now, with Decred, we will see many copies again ; Cygnus is the first one.

so this thing is like Decred because of the airdrop? or the proposal thing?  is DNET considered a Decred clone? as it uses some proposal system.
bathrobehero
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March 01, 2016, 07:53:07 AM
 #447

Anyone know the cost to mine CYG right now?
I mean what is the cost to each CYG for the miners, at this price 200 sats, is proffitable to they still mining?

Currently since the difficulty is quite low, for me with GPUs the cost to mine is 60 sats. Normally though it's roughly around 200 sats but it changes a lot with the block rewards.

Curse me all you want, you're the one practically gambling instead of investing which would imply an informed decision.

Not your keys, not your coins!
Abou Talha
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March 01, 2016, 07:54:06 AM
 #448

OK. Now, it's time to build Darkcygnus. Who with me ?
lestherat
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March 01, 2016, 08:08:47 AM
Last edit: March 01, 2016, 09:32:42 AM by lestherat
 #449

Anyone know the cost to mine CYG right now?
I mean what is the cost to each CYG for the miners, at this price 200 sats, is proffitable to they still mining?

Currently since the difficulty is quite low, for me with GPUs the cost to mine is 60 sats. Normally though it's roughly around 200 sats but it changes a lot with the block rewards.

Curse me all you want, you're the one practically gambling instead of investing which would imply an informed decision.
I made a good research, the market capital is small, bittrex ask for the details of the coin, the price was pretty stable for a week, daily dumps not exceed 400,000 coins.

But well we are at block 17500 and the rewards will be cut in half in the next hours

Block 15.251 - 20.250 - 1000 CYG
Block 20.251 - 25.250 - 500 CYG
Block 25.251 - 35.251 - 250 CYG

Price is now 400 sats, glad i bought more at 200  Grin
lestherat
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March 01, 2016, 09:48:10 AM
 #450

Good news comes into the darknest day, i received the Airdrop from the dev.

Thank you Dev  Cheesy
hiddensphinx
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March 01, 2016, 09:50:00 AM
 #451

dump dump dump

pump pump pump

this coin is Awesome..good volume for Yobit too

Take your Bitcoin and Altcoin trading strategy to another level with Trade Santa! - https://tradesanta.com/en/site/set-referral-cookie?referral_id=111843
Skyrik
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March 01, 2016, 12:06:23 PM
 #452

in what time will be info about poll?
danonthehill
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March 01, 2016, 12:48:50 PM
 #453

Is the premine address public?*

EDIT *NM, I see it now.
danonthehill
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March 01, 2016, 01:08:05 PM
 #454

I don't get what's going on with the premine.  If dev fund and airdrop are separate.  Why has dev moved balance of dev fund to airdrop address? Seems to have done this a few times.
Kruemmelmonster
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March 01, 2016, 01:14:03 PM
 #455

seems like this is another high volume dump premine scam coin. what a pity Sad
bagholding 4 life
cygnus.dev
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March 01, 2016, 01:15:28 PM
 #456

I don't get what's going on with the premine.  If dev fund and airdrop are separate.  Why has dev moved balance of dev fund to airdrop address? Seems to have done this a few times.
We haven't moved anything from the beginning you can check to OP for the Bounty and Airdrop addresses. The whole premine is being distributed amongst the users by the airdrop and the bounties. You should check the OP regarding the premine.
danonthehill
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March 01, 2016, 01:18:04 PM
 #457

I am referring to the OP, balance of bounty address is zero, balance moved to airdrop address.

http://cyg.altexplorers.info:3039/address/5hkjdzopGNKSEX1hA9xSzQryhwXrKkyL9Y
Skyrik
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March 01, 2016, 01:28:19 PM
 #458

I don't get what's going on with the premine.  If dev fund and airdrop are separate.  Why has dev moved balance of dev fund to airdrop address? Seems to have done this a few times.
We haven't moved anything from the beginning you can check to OP for the Bounty and Airdrop addresses. The whole premine is being distributed amongst the users by the airdrop and the bounties. You should check the OP regarding the premine.
mb some info about "The first consensus poll will start at 1st March 2016."?
danonthehill
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March 01, 2016, 01:29:48 PM
 #459

No needs to respond to my question first.
cygnus.dev
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March 01, 2016, 01:30:20 PM
 #460

I am referring to the OP, balance of bounty address is zero, balance moved to airdrop address.

http://cyg.altexplorers.info:3039/address/5hkjdzopGNKSEX1hA9xSzQryhwXrKkyL9Y
You should also check the Airdrop address. There are no incoming transactions with such amounts.
http://cyg.altexplorers.info:3039/address/5jVPijawjM8YUEYGyk1n5n1sKQsfDkdLFj

For both addresses we are using a single wallet with the coin control feature turned on. Probably a glitch of this feature caused such transactions.

Edit: There are 410.000 CYG left for bounties, for better transparency we will move these to a new wallet so there will be no problems caused by Coin Control
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