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Author Topic: [ANN] SONM • Decentralized Fog Computing  (Read 442545 times)
MiBambino
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June 12, 2018, 09:08:16 PM
 #9941

its crazy how low this coin is going given they're coming out with two mainnets in a matter of weeks (end of june and end of august). Sure, it may take some time to fix some flaws on the network and to gain attention, but any value under 1$ is seriously insane

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June 12, 2018, 09:14:33 PM
 #9942

its crazy how low this coin is going given they're coming out with two mainnets in a matter of weeks (end of june and end of august). Sure, it may take some time to fix some flaws on the network and to gain attention, but any value under 1$ is seriously insane

Agreed but with bitcoin getting smashed right now, people are clearing some alts and moving to tether or similar coins I think

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June 12, 2018, 09:36:41 PM
 #9943

its crazy how low this coin is going given they're coming out with two mainnets in a matter of weeks (end of june and end of august). Sure, it may take some time to fix some flaws on the network and to gain attention, but any value under 1$ is seriously insane

Agreed but with bitcoin getting smashed right now, people are clearing some alts and moving to tether or similar coins I think

tether will be their downfall, its a ticking timebomb, extremely prone to being discontinued in a matter of days, no real legal bounds to the dollar, and literally illegal afaik

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June 12, 2018, 11:55:31 PM
 #9944

its crazy how low this coin is going given they're coming out with two mainnets in a matter of weeks (end of june and end of august). Sure, it may take some time to fix some flaws on the network and to gain attention, but any value under 1$ is seriously insane

Agreed but with bitcoin getting smashed right now, people are clearing some alts and moving to tether or similar coins I think

tether will be their downfall, its a ticking timebomb, extremely prone to being discontinued in a matter of days, no real legal bounds to the dollar, and literally illegal afaik
Nobody cares about that. In times like these, tether is the most favorite shitcoin.
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June 13, 2018, 07:57:23 AM
 #9945

its crazy how low this coin is going given they're coming out with two mainnets in a matter of weeks (end of june and end of august). Sure, it may take some time to fix some flaws on the network and to gain attention, but any value under 1$ is seriously insane

Agreed but with bitcoin getting smashed right now, people are clearing some alts and moving to tether or similar coins I think

tether will be their downfall, its a ticking timebomb, extremely prone to being discontinued in a matter of days, no real legal bounds to the dollar, and literally illegal afaik
Nobody cares about that. In times like these, tether is the most favorite shitcoin.

Agreed...USDT is the hot favourite in times of highs and lows but there are new alternatives like TUSD which too seems to be legit in a better way than USDT.
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June 13, 2018, 08:41:18 AM
 #9946

its crazy how low this coin is going given they're coming out with two mainnets in a matter of weeks (end of june and end of august). Sure, it may take some time to fix some flaws on the network and to gain attention, but any value under 1$ is seriously insane

Agreed but with bitcoin getting smashed right now, people are clearing some alts and moving to tether or similar coins I think

tether will be their downfall, its a ticking timebomb, extremely prone to being discontinued in a matter of days, no real legal bounds to the dollar, and literally illegal afaik
Nobody cares about that. In times like these, tether is the most favorite shitcoin.

Agreed...USDT is the hot favourite in times of highs and lows but there are new alternatives like TUSD which too seems to be legit in a better way than USDT.

It shows the stupidity of most people. I’m sure you could find coins that are relatively stable, or you could keep buying the dips and stop focussing too much on the current price. I think well hit 10$ in 3 years so i dont care that its at 0.12 now

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June 13, 2018, 12:39:59 PM
 #9947

The drop for the past month maybe a good thing.Yes it is gonna take much longer to recover, but on the other side it is nice to get rid of all the weak hands, speculators and traders.
Some of them may re-enter, but i think that most of the people who are the buying the tokens the last month are going to hold them and wont just sell them at the first opportunity gaining 15-20% like all the other who bought around Consensus.We need holders and believers in the project not some who are jumping from coin to coin like a grashopper.
10$ is a fiction,yes may happen but chances are slim to none.If SNM gets to 1$ at this time next year i think the majority of the investors will be really happy and this is a realistic target given the fact that project like Golem had 500 mln market cap just couple of weeks ago and noone can convince me that GNT is ahead of SNM at the moment,but the opposite.
Yes, it is ugly and it sucks to go from 41c to 12c in less than a month ,but for the people who are going to hold it till 2019/20/21 it doesnt matter at all.
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June 13, 2018, 12:45:04 PM
 #9948

The drop for the past month maybe a good thing.Yes it is gonna take much longer to recover, but on the other side it is nice to get rid of all the weak hands, speculators and traders.
Some of them may re-enter, but i think that most of the people who are the buying the tokens the last month are going to hold them and wont just sell them at the first opportunity gaining 15-20% like all the other who bought around Consensus.We need holders and believers in the project not some who are jumping from coin to coin like a grashopper.
10$ is a fiction,yes may happen but chances are slim to none.If SNM gets to 1$ at this time next year i think the majority of the investors will be really happy and this is a realistic target given the fact that project like Golem had 500 mln market cap just couple of weeks ago and noone can convince me that GNT is ahead of SNM at the moment,but the opposite.
Yes, it is ugly and it sucks to go from 41c to 12c in less than a month ,but for the people who are going to hold it till 2019/20/21 it doesnt matter at all.

Even that is strange but that is nature of the crypto this space is totally unpredictable and nobody can predict how deep it could drop or when it will start rising where it could reach. I also believe SONM have more superior tech and it has more better chance to grow in future and this could be last stress test for long term hodlers and after this people will miss the chance to catch this train.
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June 13, 2018, 01:08:08 PM
 #9949

The drop for the past month maybe a good thing.Yes it is gonna take much longer to recover, but on the other side it is nice to get rid of all the weak hands, speculators and traders.
Some of them may re-enter, but i think that most of the people who are the buying the tokens the last month are going to hold them and wont just sell them at the first opportunity gaining 15-20% like all the other who bought around Consensus.We need holders and believers in the project not some who are jumping from coin to coin like a grashopper.
10$ is a fiction,yes may happen but chances are slim to none.If SNM gets to 1$ at this time next year i think the majority of the investors will be really happy and this is a realistic target given the fact that project like Golem had 500 mln market cap just couple of weeks ago and noone can convince me that GNT is ahead of SNM at the moment,but the opposite.
Yes, it is ugly and it sucks to go from 41c to 12c in less than a month ,but for the people who are going to hold it till 2019/20/21 it doesnt matter at all.

Very true, allthough 10$ a coin isnt fiction IMO. Some of the most knowledgeable investors in the world were sure bitcoin wasnt going over 1000$, but it did. Same with countless other projects. Iota went to a 10 billion cap without anything real to show for. How is sonm not reaching a mere 4 billion when its one of the most innovative players of a market thats expected to reach 400 billion in 5 years?

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June 13, 2018, 01:31:44 PM
 #9950

THe price doesn't look very nice, I am glad I sold most of my holding between 4400-4900 sat. The bleeding will probably not stop until the whale stop dumping their btc.

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June 13, 2018, 03:04:46 PM
 #9951

THe price doesn't look very nice, I am glad I sold most of my holding between 4400-4900 sat. The bleeding will probably not stop until the whale stop dumping their btc.
Yea seems like bad strom for our user cryptocurrency (red market). Every crpto pedestal of bitcoins, that is like bitcoins as primary in value. Woa you are one of those people sold a tokens at highest of price. So do you have idea to buyback SNM ? xD  That is kind take a opportunity in moment.
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June 13, 2018, 06:46:40 PM
 #9952

its crazy how low this coin is going given they're coming out with two mainnets in a matter of weeks (end of june and end of august). Sure, it may take some time to fix some flaws on the network and to gain attention, but any value under 1$ is seriously insane

Agreed but with bitcoin getting smashed right now, people are clearing some alts and moving to tether or similar coins I think

tether will be their downfall, its a ticking timebomb, extremely prone to being discontinued in a matter of days, no real legal bounds to the dollar, and literally illegal afaik
Nobody cares about that. In times like these, tether is the most favorite shitcoin.

Agreed...USDT is the hot favourite in times of highs and lows but there are new alternatives like TUSD which too seems to be legit in a better way than USDT.

It shows the stupidity of most people. I’m sure you could find coins that are relatively stable, or you could keep buying the dips and stop focussing too much on the current price. I think well hit 10$ in 3 years so i dont care that its at 0.12 now
Fear... Fear plays a key role on the equal footing with stupidity. Even good guys make mistakes under the influence of fear without realizing it.
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June 13, 2018, 06:47:00 PM
 #9953

Has the team any big private investors??Like investment funds or similar? It would be great for the project
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June 13, 2018, 07:05:28 PM
 #9954

Has the team any big private investors??Like investment funds or similar? It would be great for the project

They have been established partnerships with some big projects who will be potential clients of them in future. Maybe you are not following this project and what is the current status of development progress you can ask any question into their telegram channel they very active and user friendly.
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June 13, 2018, 08:30:11 PM
 #9955

its crazy how low this coin is going given they're coming out with two mainnets in a matter of weeks (end of june and end of august). Sure, it may take some time to fix some flaws on the network and to gain attention, but any value under 1$ is seriously insane

Agreed but with bitcoin getting smashed right now, people are clearing some alts and moving to tether or similar coins I think

tether will be their downfall, its a ticking timebomb, extremely prone to being discontinued in a matter of days, no real legal bounds to the dollar, and literally illegal afaik
Nobody cares about that. In times like these, tether is the most favorite shitcoin.

Agreed...USDT is the hot favourite in times of highs and lows but there are new alternatives like TUSD which too seems to be legit in a better way than USDT.

It shows the stupidity of most people. I’m sure you could find coins that are relatively stable, or you could keep buying the dips and stop focussing too much on the current price. I think well hit 10$ in 3 years so i dont care that its at 0.12 now
Fear... Fear plays a key role on the equal footing with stupidity. Even good guys make mistakes under the influence of fear without realizing it.

The less you prepare the more afraid you are. I know where this project is going, i know the market and the competition. All of this makes me not afraid so i’m buying every step of the way

imusify
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June 14, 2018, 01:37:58 AM
Last edit: June 14, 2018, 05:05:23 AM by mirny
 #9956

its crazy how low this coin is going given they're coming out with two mainnets in a matter of weeks (end of june and end of august). Sure, it may take some time to fix some flaws on the network and to gain attention, but any value under 1$ is seriously insane

Agreed but with bitcoin getting smashed right now, people are clearing some alts and moving to tether or similar coins I think

tether will be their downfall, its a ticking timebomb, extremely prone to being discontinued in a matter of days, no real legal bounds to the dollar, and literally illegal afaik
Nobody cares about that. In times like these, tether is the most favorite shitcoin.

Agreed...USDT is the hot favourite in times of highs and lows but there are new alternatives like TUSD which too seems to be legit in a better way than USDT.

Sooner this tethershit dies, the better for whole industry.

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June 14, 2018, 02:49:27 AM
Last edit: June 14, 2018, 05:04:33 AM by mirny
 #9957

I think this should be here Smiley

"I think attracting supliers will absolutely not going to be problem at all.
Just when I'm reading bitcointalk, mainly mining section, there are always still the same questions and duplicit threads about:
what coin to mine, what is most profitable to mine, where to get most reward, and so on.
Other thing what I've seen is, quite lot of new projects are popping up, which are trying to to attract miners to renting their resources.
And, what are people speaking in that threads?
When it will be availabe? I want it now. Speed up your developement please. I have 100gpus, ihave 200gpu, ihave big farm too, i want to test, i can give rosources too...
So you don't even need to make any marketing for this, just one thread on btctalk.
You will mention you'll get better rewards, than most all whattomine sites are offering.
Other than that I'm rewarded for ram, traffic, bla bla, bla. And sonm will get tons of supliers.
Yes, some of them will be confused at first (No windows???) But they will learn how to use platform in speed of light.
Just my two sats."

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June 14, 2018, 03:10:37 AM
 #9958

A little tired of watching the price not going, I hope this bearish trend will end soon so our token will definitely see some light.
Bought during the pump and now my portfolio is getting lower, not complaining here, just hoping bitcoin will rise again.

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theaxemurder
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June 14, 2018, 08:43:23 AM
 #9959

Its just a matter of time the cryptospace will mention SONM. Livenet soon. Cant wait.
MiBambino
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June 14, 2018, 10:47:34 AM
 #9960

A little tired of watching the price not going, I hope this bearish trend will end soon so our token will definitely see some light.
Bought during the pump and now my portfolio is getting lower, not complaining here, just hoping bitcoin will rise again.

Allright, I will show you something, hope this calm you down a bit  Smiley

So let me do a math a bit. At the moment there is 280223.7453 GH/s of total hashrate on Ethereum network.
You can check here: https://etherscan.io/chart/hashrate So lets count 280000 GH/s.
Not sure if it was stated in some of the Q&A, or I read it in this (Telegram)channel https://t.me/sonm_eng ,
but what was said was, SONM have contracted, or agreed contracts (by word) from suppliers from Consensus conference for 10% of total ETH hashrate. So it's 28000GH/s. Let's take 30MH/s per card. I know, there is lot of different cards, models, etc,
but on average, we can count with those 30MH/s. So 28000GH/s divided by 30MH/s per card, it's 933 333 cards.
These cards are producing for about 900000$ revenue daily at these days rates.

This is the sum what bot will be buying daily on exchanges. It's 140BTC, or 1900 ETH buying support daily.

And here is one quite important thing, lot, or maybe most people don't know, that all revenues for
mining coins, tokens, used traffic, rented HDD's, used CPU's, RAM will be immediately traded for SNM tokens.
e.g all ETH, ETC, ZCASH, HUSH, XVG, VTC, whatever will be sold on exchanges, and for all of that sum will be bought SNM tokens.
That's how is this platform built, and how it works, and what people don't realize.

Sure some people will be taking profits immediately, but not all of them,
those with the brain on the right place will not sell immediately when they'll see price is ramping up constantly.
So now everyone can go to the exchange and can do his math, what will going to happen.
With this bigger volume coming constantly, guess what will happen then. You'll get an attention again.
It's like when you throw a stone to the calm water, waves will start moving all around the lake.
What will happen after that? Fomo kicks in.

As I'm going back to hashrate. This is just ETH network, not counting any other networks.
Then you have shitload of other algos and networks. And this is just mining.
And again, I'm not going to count other resources which you can utilize, that's another source of revenues.
And I'm not going to even say, how Masternodes will worth because of all of this.
And I can continue to ad anfinitum...

Very well said! I think they should do a bounty campaign to really focus on the community, cause like you said this forum is filled with miners looking for a more profitable option

imusify
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