Why the monero/bitmonero/MRO/BMR/XMR Cripplemined Fastmine matters

[obit33]

You can't fastmine almost 13 million coins in the first 2 years and not expect volatility and big bubbles to form. Monero is proving to be very volatile due to its mining emission curve and lack of masternodes.

Aha aha ahahahaha, are you high?

A fast-/pre-/insta-/whatevermine looks like this:


10 - 15% of the total supply in the first 24 hours...

best regards,

[1715182964]

1715182964

[MasterMined710]

LOL yeah Monero is the only crypto that has "volatility" and "big bubbles"...

What don't you also mention the first 48 hours of Xcoin? I think that fits your "fastmine" scenario a bit better than monero.  

Masternodes don't make a coin secure. Math/cryptography that has been very well vetted by world class cryptographers is.

Yes all coins do suffer from volatility but over time masternodes should make dash more stable than coins that don't have them.

Do you deny monero was fastmined? What would you call it?  I mean it was lauched after dash and even with the dash instamine monero has almost twice as many coins already mined. It was fastmined and cripplemined. It is what it is.

[MasterMined710]

You can't fastmine almost 13 million coins in the first 2 years and not expect volatility and big bubbles to form. Monero is proving to be very volatile due to its mining emission curve and lack of masternodes.

Aha aha ahahahaha, are you high?

A fast-/pre-/insta-/whatevermine looks like this:


10 - 15% of the total supply in the first 24 hours...

best regards,

Yes dash had what is commonly referred to as a accedental instamine as opposed to some coins that have a planned instamine where lots of coins are mined in a very short period of time. These are usually pos coins and they mine all the pow coins in a few days to a few weeks or more.
Monero is a good example of a fastmine but it could be considered a instamine too, which I don't think applies but who's to say.

[smoothie]

LOL yeah Monero is the only crypto that has "volatility" and "big bubbles"...

What don't you also mention the first 48 hours of Xcoin? I think that fits your "fastmine" scenario a bit better than monero.  

Masternodes don't make a coin secure. Math/cryptography that has been very well vetted by world class cryptographers is.

Yes all coins do suffer from volatility but over time masternodes should make dash more stable than coins that don't have them.

Do you deny monero was fastmined? What would you call it?  I mean it was lauched after dash and even with the dash instamine monero has almost twice as many coins already mined. It was fastmined and cripplemined. It is what it is.

Okay so admit Dash was instamined.

That is all I need to know from you. All the rest is just fluff.

Have a nice day 

[smoothie]

You can't fastmine almost 13 million coins in the first 2 years and not expect volatility and big bubbles to form. Monero is proving to be very volatile due to its mining emission curve and lack of masternodes.

Aha aha ahahahaha, are you high?

A fast-/pre-/insta-/whatevermine looks like this:


10 - 15% of the total supply in the first 24 hours...

best regards,

Yes dash had what is commonly referred to as a accedental instamine as opposed to some coins that have a planned instamine where lots of coins are mined in a very short period of time. These are usually pos coins and they mine all the pow coins in a few days to a few weeks or more.
Monero is a good example of a fastmine but it could be considered a instamine too, which I don't think applies but who's to say.

2.25 years = insta?

lol please send me what you are smoking.

[obit33]

Yes dash had what is commonly referred to as a accedental instamine as opposed to some coins that have a planned instamine where lots of coins are mined in a very short period of time. These are usually pos coins and they mine all the pow coins in a few days to a few weeks or more.
Monero is a good example of a fastmine but it could be considered a instamine too, which I don't think applies but who's to say.

Look, I get that you're invested in Dash, I get that you want to defend that investment and that's allright... I do like some aspects of Dash, the governance system is nice and all... But your writings above are on the edge of delusional. An investor/enthousiast should always remain objective, you sir are not anymore and for an investor that is very dangerous...

Don't get married to your investment...

best regards,

[J1mb0]

All the interesting coins have 'history', legends and myths!
As with all good trolls and FUDs there is usually some glimmer of truth out there.
The question is; does the team/community have what it takes to learn from the past and embrace transparency now in the present?

One has to look at where a coin/dev team/community is now. History is done with. If a coin is right for now, is autonomous and distributed  and breaks through noone gives a stuff about history lessons. Just watch Ardor! 

[Febo]

You can't fastmine almost 13 million coins in the first 2 years and not expect volatility and big bubbles to form. Monero is proving to be very volatile due to its mining emission curve and lack of masternodes.

Totally opposite. Monero was impossible to manipulate exactly because of higher emission in first 2 years.  Manipulators got reckted by miners dumping their coins. That is why none pumpers group ever liked Monero.

High emission also keeps price of Monero low until now.  So everyone had more then 2 years to buy cheap coins. Since coins are still cheap i can say 3 years, maybe even 4.  But i doubt 5th year with daily reduced emission Monero will still be a cheap coin.

[qwizzie]

i was wondering what happened to this thread, and here it is.. its almost like the one who bumped this thread read my mind.

[generalizethis]

i was wondering what happened to this thread, and here it is.. its almost like the one who bumped this thread read my mind.

It's amazing how when people are desperate their little insect brains scurry to the same tune.

[GingerAle]

i was wondering what happened to this thread, and here it is.. its almost like the one who bumped this thread read my mind.

It's amazing how when people are desperate their little insect brains scurry to the same tune.

Yeah keep bumping. I want to buy in some more.

[MasterMined710]

You can't fastmine almost 13 million coins in the first 2 years and not expect volatility and big bubbles to form. Monero is proving to be very volatile due to its mining emission curve and lack of masternodes.

Aha aha ahahahaha, are you high?

A fast-/pre-/insta-/whatevermine looks like this:


10 - 15% of the total supply in the first 24 hours...

best regards,

Yes dash had what is commonly referred to as a accedental instamine as opposed to some coins that have a planned instamine where lots of coins are mined in a very short period of time. These are usually pos coins and they mine all the pow coins in a few days to a few weeks or more.
Monero is a good example of a fastmine but it could be considered a instamine too, which I don't think applies but who's to say.

2.25 years = insta?

lol please send me what you are smoking.

So 24-48 hours is instant?

 I personally think instamined coins become fastmined after 2-3 weeks but I would not argue with someone who said the cut off was 3-4 weeks, especially if it was a pow to pos coin where all the pow coins were mined quickly and then they switched to pos.

When does a instamine end and a fastmine begin?

[MasterMined710]

You can't fastmine almost 13 million coins in the first 2 years and not expect volatility and big bubbles to form. Monero is proving to be very volatile due to its mining emission curve and lack of masternodes.

Totally opposite. Monero was impossible to manipulate exactly because of higher emission in first 2 years.  Manipulators got reckted by miners dumping their coins. That is why none pumpers group ever liked Monero.

High emission also keeps price of Monero low until now.  So everyone had more then 2 years to buy cheap coins. Since coins are still cheap i can say 3 years, maybe even 4.  But i doubt 5th year with daily reduced emission Monero will still be a cheap coin.

We'll see, said the Zen master. So far the last few big monero pumps turned into big dumps, bigger than most pump and dumps.

[MasterMined710]

LOL yeah Monero is the only crypto that has "volatility" and "big bubbles"...

What don't you also mention the first 48 hours of Xcoin? I think that fits your "fastmine" scenario a bit better than monero.  

Masternodes don't make a coin secure. Math/cryptography that has been very well vetted by world class cryptographers is.

Yes all coins do suffer from volatility but over time masternodes should make dash more stable than coins that don't have them.

Do you deny monero was fastmined? What would you call it?  I mean it was lauched after dash and even with the dash instamine monero has almost twice as many coins already mined. It was fastmined and cripplemined. It is what it is.

Okay so admit Dash was instamined.

That is all I need to know from you. All the rest is just fluff.

Have a nice day 

nobody denies dash had a instamine or whatever you want to call it.

Okay so admit xmr monero was ninja launched and had a cripplemine and has a unusually high mining emission curve that is best described as a fastmine compared to bitcoin, litecoin and dash etc.

That is all I need to know from you. All the rest is just fluff.

Have a nice day 

[smoothie]

lol oh the unoriginality...love it.

And no I will not admit to what you claim about monero.

You obviously are butthurt hence why you keep bumping this thread as if it is doing anything but making you look foolish.

Bump on 

[infofront]

You can't fastmine almost 13 million coins in the first 2 years and not expect volatility and big bubbles to form. Monero is proving to be very volatile due to its mining emission curve and lack of masternodes.

Aha aha ahahahaha, are you high?

A fast-/pre-/insta-/whatevermine looks like this:


10 - 15% of the total supply in the first 24 hours...

best regards,

Yes dash had what is commonly referred to as a accedental instamine as opposed to some coins that have a planned instamine where lots of coins are mined in a very short period of time. These are usually pos coins and they mine all the pow coins in a few days to a few weeks or more.
Monero is a good example of a fastmine but it could be considered a instamine too, which I don't think applies but who's to say.

2.25 years = insta?

lol please send me what you are smoking.

So 24-48 hours is instant?

 I personally think instamined coins become fastmined after 2-3 weeks but I would not argue with someone who said the cut off was 3-4 weeks, especially if it was a pow to pos coin where all the pow coins were mined quickly and then they switched to pos.

When does a instamine end and a fastmine begin?

For all intents and purposes, a 24-48 hour mine is absolutely an instamine.

[MasterMined710]

You can't fastmine almost 13 million coins in the first 2 years and not expect volatility and big bubbles to form. Monero is proving to be very volatile due to its mining emission curve and lack of masternodes.

Aha aha ahahahaha, are you high?

A fast-/pre-/insta-/whatevermine looks like this:


10 - 15% of the total supply in the first 24 hours...

best regards,

Yes dash had what is commonly referred to as a accedental instamine as opposed to some coins that have a planned instamine where lots of coins are mined in a very short period of time. These are usually pos coins and they mine all the pow coins in a few days to a few weeks or more.
Monero is a good example of a fastmine but it could be considered a instamine too, which I don't think applies but who's to say.

2.25 years = insta?

lol please send me what you are smoking.

So 24-48 hours is instant?

 I personally think instamined coins become fastmined after 2-3 weeks but I would not argue with someone who said the cut off was 3-4 weeks, especially if it was a pow to pos coin where all the pow coins were mined quickly and then they switched to pos.

When does a instamine end and a fastmine begin?

For all intents and purposes, a 24-48 hour mine is absolutely an instamine.

ok cool, what about 3-4 days where millions of coins are mined... all the pow coins actually and then they switch to pos? or how about 1 week with 4.5 million coins are mined or 2-3 weeks where 6 million plus (out of ~21 million) coins are mined and then they switch to pos. are those instamines? most people would agree those are what is traditionally considered a instamine. i would probably classify those as "POS instamines" because there are so many and they deserve their own category.


do you disagree xmr monero was/is fastmined? what would you call it because that's the only thing i have heard it called besides a instamine (by a small number of people) but i don't think it fits a traditional instamine. the only reason they would call it that is because of its highly inflationary emission curve combined with the crippled miner launch issue. that and the scam dev that was supposedly kicked out but could have just used a new/different username like smoothy or fluffyponzi or something like that. monero had ~750,000 coins mined the first 4 weeks (btc ~210,000) which is way faster than normal but i would not say instamined per se. but when does a instamine end and a fastmine begin?

i think a cripplemined fastmine best describes monero.

[Febo]

monero had ~750,000 coins mined the first 4 weeks (btc ~210,000) which is way faster than normal but i would not say instamined per se. but when does a instamine end and a fastmine begin?

i think a cripplemined fastmine best describes monero.

720k Moneros was issued in first 30 days. Exactly as it was scheduled. If it would less, price would go even higher. Remember that price hit 0.01 after 60 days at end of June 2014. If emission would be slower, ATH would be way higher. This emission curve was just perfect. So you can easily name it as a perfectmine.

If you want to learn more about XMR emission compared to BTC, you can check this spreadsheet. https://docs.google.com/spreadsheets/d/1qXi7zUSIh7F6UuSuhOryyFbHEy_LJuym3I3neAga_2s/edit#gid=239466694


I started mining about on day.40. As you see from spreadsheet on day.40 daily emission was about 24k XMR. On first day emission was 25.3k XMR.  So not a huge difference. And on 40th day every miner was allready mining Monero.  Difficulty was already so high i barely got any. Probably would get more if would mine few months ago.

[smooth]

do you disagree xmr monero was/is fastmined?

I do disagree, as we have covered countless times on this thread and others. There are numerous fastened coins that distribute all their coins in a few weeks or 50% per month or even 50% per six months.

With 50% every 18 months, Monero is somewhat faster than Bitcoin, offset by the fact that it gets slower than Bitcoin later, when the rewards stop dropping in half every 18 months, but Bitcoin's continue dropping by half every four years until reaching zero.

what would you call it

A PoW-distributed coin with half of the remaining supply distributed every 18 months, plus a perpetual maintenance reward.

Whenever I have described it that way to people, I've had not one single person respond by calling it a fastmine. They might reply that it is slightly faster than Bitcoin or just consider it okay and reasonable and not comment further at all, one or the other.

[MasterMined710]

monero had ~750,000 coins mined the first 4 weeks (btc ~210,000) which is way faster than normal but i would not say instamined per se. but when does a instamine end and a fastmine begin?

i think a cripplemined fastmine best describes monero.

720k Moneros was issued in first 30 days. Exactly as it was scheduled. If it would less, price would go even higher. Remember that price hit 0.01 after 60 days at end of June 2014. If emission would be slower, ATH would be way higher. This emission curve was just perfect. So you can easily name it as a perfectmine.

If you want to learn more about XMR emission compared to BTC, you can check this spreadsheet. https://docs.google.com/spreadsheets/d/1qXi7zUSIh7F6UuSuhOryyFbHEy_LJuym3I3neAga_2s/edit#gid=239466694


I started mining about on day.40. As you see from spreadsheet on day.40 daily emission was about 24k XMR. On first day emission was 25.3k XMR.  So not a huge difference. And on 40th day every miner was allready mining Monero.  Difficulty was already so high i barely got any. Probably would get more if would mine few months ago.

so a cripplemined perfectmine?   
that makes sense, how about a cripplemined fairmine? that's totally not contradictory right.