M.minor
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May 10, 2017, 08:26:33 AM |
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Hello, Dev, the condensate will live. You're not going to get drunk there.
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carlow2
Member
Offline
Activity: 189
Merit: 10
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May 10, 2017, 10:23:49 AM |
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minertopia hasnt released funds any other pools that payout havent found one yet?
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Vaccinus
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May 10, 2017, 10:33:28 AM |
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108 Million coins mined per month??? Whats the purpose of this coin if the inflation is ridiculously high? i mean it's a lose lose for anyone buying and holding this coin right? Very important what's the inflation on this coin? How many coins are created per month? I bought some coins I want to make sure in a month or a year those coins will go up in value and not down because of inflation
Since block reward random, a little bit hard to calculate, but maybe this raw math can help max supply = 500.000.000 total POW = 200.000 average coins per block = 2500 let assume block time 60 seconds, i can't find how much block time, so in a day, there will be 1440 block mined = 3.600.000 in a month = 108 Mil Please note, this is just raw math, there is much factor which affect, like nethash rate, miner lucky, etc so the coins mined everyday maybe more or maybe less. EDIT : with current nethash around 30 GHz - 50 GHz, i doubt we can mining much like that, maybe around 500k - 1 Mil coins per day on suprnova the average value per block is lower than 2500, it's like 1500, and i don't know about the block time but if it's 1 minute, this is 2M per days and 60M per month not 108 millions
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lupanar
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May 10, 2017, 02:14:43 PM |
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Voted! Wish all the best to the project
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waltonvani
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May 10, 2017, 02:18:22 PM |
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It's very good news and we can trade some coins at the novaexchange. Go and buy some coins to get profit now. Good luck.
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joet3
Member
Offline
Activity: 84
Merit: 10
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May 10, 2017, 02:51:05 PM |
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Let's get this coin added to poswallet.com
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OBAViJEST (OP)
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May 10, 2017, 03:06:47 PM |
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Let's get this coin added to poswallet.com
Sounds good to me! Lets not get too greedy now though, let's focus on one at a time
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carlow2
Member
Offline
Activity: 189
Merit: 10
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May 10, 2017, 03:19:27 PM |
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Can someone tell me what pool they are using none have paid into wallet?
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Tarz
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May 10, 2017, 03:41:57 PM |
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108 Million coins mined per month??? Whats the purpose of this coin if the inflation is ridiculously high? i mean it's a lose lose for anyone buying and holding this coin right? Very important what's the inflation on this coin? How many coins are created per month? I bought some coins I want to make sure in a month or a year those coins will go up in value and not down because of inflation
Since block reward random, a little bit hard to calculate, but maybe this raw math can help max supply = 500.000.000 total POW = 200.000 average coins per block = 2500 let assume block time 60 seconds, i can't find how much block time, so in a day, there will be 1440 block mined = 3.600.000 in a month = 108 Mil Please note, this is just raw math, there is much factor which affect, like nethash rate, miner lucky, etc so the coins mined everyday maybe more or maybe less. EDIT : with current nethash around 30 GHz - 50 GHz, i doubt we can mining much like that, maybe around 500k - 1 Mil coins per day on suprnova the average value per block is lower than 2500, it's like 1500, and i don't know about the block time but if it's 1 minute, this is 2M per days and 60M per month not 108 millions Well yes, and I'm expecting the hashing rates to bump significantly in the future. At current rates 2.5K per block is still a lot. Inflation is there and will surely impact the future of condensate. To avoid this, reduce the reward to 250 coins or even more, otherwise the chances are that supply will grow exponentially which is not what most of you so badly desire.
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bumbacoin
Legendary
Offline
Activity: 1638
Merit: 1036
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May 10, 2017, 04:04:56 PM |
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💧💦☔️🌈
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💦☔️🐳💚💖💛 | ★ | | ★
| | ████████████████ ████████████████ ████████████████ ████████████████ ████████████████ ████████████████ ████████████████ ████████████████ ████████████████ ████████████████ ████████████████ ████████████████ ████████████████ ████████████████ ████████████████ ████████████████ | | ★ | 🐠👻🍗🌳🐵
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OBAViJEST (OP)
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May 10, 2017, 04:06:18 PM |
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108 Million coins mined per month??? Whats the purpose of this coin if the inflation is ridiculously high? i mean it's a lose lose for anyone buying and holding this coin right? Very important what's the inflation on this coin? How many coins are created per month? I bought some coins I want to make sure in a month or a year those coins will go up in value and not down because of inflation
Since block reward random, a little bit hard to calculate, but maybe this raw math can help max supply = 500.000.000 total POW = 200.000 average coins per block = 2500 let assume block time 60 seconds, i can't find how much block time, so in a day, there will be 1440 block mined = 3.600.000 in a month = 108 Mil Please note, this is just raw math, there is much factor which affect, like nethash rate, miner lucky, etc so the coins mined everyday maybe more or maybe less. EDIT : with current nethash around 30 GHz - 50 GHz, i doubt we can mining much like that, maybe around 500k - 1 Mil coins per day on suprnova the average value per block is lower than 2500, it's like 1500, and i don't know about the block time but if it's 1 minute, this is 2M per days and 60M per month not 108 millions Well yes, and I'm expecting the hashing rates to bump significantly in the future. At current rates 2.5K per block is still a lot. Inflation is there and will surely impact the future of condensate. To avoid this, reduce the reward to 250 coins or even more, otherwise the chances are that supply will grow exponentially which is not what most of you so badly desire. Thanks for the advice, will update the code and get a new version pushed out soon.
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airbou
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May 10, 2017, 04:15:10 PM |
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Voted!!!!!!!!!!!
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logocreator
Legendary
Offline
Activity: 1134
Merit: 1000
www.cryptodesign.cc
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May 10, 2017, 04:21:45 PM |
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Votet on Nova, form submitted to Yobit and PosWallet.
i agree, reward should be reduced asap.
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longestline
Member
Offline
Activity: 72
Merit: 10
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May 10, 2017, 04:51:48 PM Last edit: May 10, 2017, 05:19:23 PM by longestline |
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I am taking care of Nova now. Give me 10 minutes.
EDIT: Is every Exchange being DDosed? Waiting to get some more funds into Nova, put in 110 votes so far.
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lupanar
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May 10, 2017, 05:47:55 PM |
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160 votes for day on Nova...WOW
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OBAViJEST (OP)
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May 10, 2017, 06:20:34 PM |
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160 votes for day on Nova...WOW
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Rumhurius
Legendary
Offline
Activity: 1672
Merit: 1046
Here we go again
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May 10, 2017, 06:21:01 PM |
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OBAViJEST (OP)
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May 10, 2017, 06:21:29 PM |
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I am taking care of Nova now. Give me 10 minutes.
EDIT: Is every Exchange being DDosed? Waiting to get some more funds into Nova, put in 110 votes so far.
I thought it was only Polo...haven't noticed much of a change on any other exchanges. Thanks for the votes
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longestline
Member
Offline
Activity: 72
Merit: 10
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May 10, 2017, 06:26:59 PM |
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And.....we're done
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