[ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For Highly-Confidential Transactions 🔏

[pawelsalsa45]

Wow..I just cant believe. A few minutes ago some investor tried to get rid of almost 20k sumokoin and set the price for 20k satoshi while the regular price was around 55k satoshi. So the price dropped down instantly to 20k and stayed there for a few minutes...I was so unprepared that I didn't pull the trigger but those investors that set the buy price as low as 20k earned tons of money within a few minutes...Unbelievable!!   

[Germining]

I still don't get who would be stupid enough to do so ... 

Good for the ones with the buy-orders out! Congrats!

[marcellinuswiray]

Hashrate 53.36 MH/S

10% of Monero Hashrate

What's going on   

[h0g0f0g0]

Hashrate 53.36 MH/S

10% of Monero Hashrate

What's going on   

Big boys are coming.

The recent dump could be a panic sell or a botnet that was mining SUMO after launch. It makes no sense to dump such a huge amount for low price unless you want to make a dent in the graph. It will go back soon.
Anyway whoever bought it, congrats. Cheap coins!

[crypth0r]

Honestly you must be very stupid to sell at that level...... at 100 or 150 I would understand yes because that would be a reasonable price for this coin. It just needs some more promotion, good looking material etc as the work these guys provide is already pretty good. I stick to the target 100 USD for now. Look at the market cap and rank.....this coin is unknown and in stealth mode.
http://www.crypthor.net/sumokoin-an-opportunity-rocket-in-stealth-mode/

[rowenta01]

Hashrate 53.36 MH/S

10% of Monero Hashrate

What's going on    

it's a very good sign indeed. 10% of Monero's price, I'm fine. And usually the price follows the difficulty of mining!

[Germining]

Hashrate 53.36 MH/S

10% of Monero Hashrate

What's going on    

it's a very good sign indeed. 10% of Monero's price, I'm fine. And usually the price follows the difficulty of mining!

The price MUST follow the diff. Otherwise mining would not be worth it 

[arnschwab]

You guys really think the coin can make it to $100? Or even $50 next year?

[Germining]

You guys really think the coin can make it to $100? Or even $50 next year?

We already dipped 11$ without a big exchange or much media support. What do you think will happen after new exchanges next year? 

[Boutmy]

You guys really think the coin can make it to $100? Or even $50 next year?

I think 40-50 dollar shouldn't be a problem next year. Sumokoin has better specifications than coins with far higher market caps.  

[Germining]

Since there are a lot of new guys here I quote the links again:

To give something usefull to the new ones here I collected some interesting links about the projekt (a few of them are spread over the first post on this threat, but I guess it could be usefull to have them on a post without to much information around them):

Sumokoin Wiki

Sumokoin Official Telegram

Sumokoin Russian Telegram

Sumokoin Indonesian Telegram

Sumokoin Reddit

Sumokoin Community Twitter

Sumokoin Pool List

Perhaps somebody didn't know one of those links before.

[Xeon_Xeon]

As interesting as this coin looks at first in my opinion the premine seriously dents its credibility for me.

I'm usually with you on that, usually the big pre-mines are scam coins, but Sumokoin is very actively developed by a competent dev team.

Everything so far they said they would do they have done, I just with I would have mined it steadily instead of occasionally.

Seems to be a much higher quality coin that %95 of ones out there.

I just wish it was still "unknown" and did not get the bump in popularity just yet.

[crypth0r]

You guys really think the coin can make it to $100? Or even $50 next year?

YES!!!! Man look at projects that entered the top100.....some of them are just a heavy bad joke, sorry to say that. Sumokoin is one privacy coin with great specs and a nice reliable team in the background. Some call it Lambocoin but I hate this Lambo bullshit blahblah.....so for me it is a rocket in stealth mode....for now.

[Xeon_Xeon]

I did a fresh install of Ubuntu 16.04.03 yesterday after I installed my RX Vega 64 FE and downloaded the binary wallet from the first page so I could reinstall it.

Shows "Sumokoin_Wallet-v0.0.2-Linux-x64.tar.gz", checked the hash on it and it matches whats posted also on the first page but after I installed it last night and clicked the about button it shows this:

Sumokoin GUI Wallet v.0.0.1



The wallet does have the ghost address tab in the receive section so I guess the about tab information was not updated.

[jyakulis]

As interesting as this coin looks at first in my opinion the premine seriously dents its credibility for me.

I'm usually with you on that, usually the big pre-mines are scam coins, but Sumokoin is very actively developed by a competent dev team.

Everything so far they said they would do they have done, I just with I would have mined it steadily instead of occasionally.

Seems to be a much higher quality coin that %95 of ones out there.

I just wish it was still "unknown" and did not get the bump in popularity just yet.

ya...doesn't bother me much better based on what they've delivered so far.

plus we get some block reward increases as we go on for awhile which is a cool idea. as it catches is on more coins get distributed. in most other projects, all the other coins are entirely front loaded to the most early adopters.

i think we can see up to about 20 usd in 2018.

[sumogr]

I did a fresh install of Ubuntu 16.04.03 yesterday after I installed my RX Vega 64 FE and downloaded the binary wallet from the first page so I could reinstall it.

Shows "Sumokoin_Wallet-v0.0.2-Linux-x64.tar.gz", checked the hash on it and it matches whats posted also on the first page but after I installed it last night and clicked the about button it shows this:

Sumokoin GUI Wallet v.0.0.1



The wallet does have the ghost address tab in the receive section so I guess the about tab information was not updated.

Yeap the about tab was not updated and still shows a past version serial not a big deal but it will be corrected. They rushed to meet the deadline the last few days and neglected to type the correct version on the tab. Wallet however and ghost addresses working perfectly and without issues ( besides the fact that it is the most beautiful and easy to use GUI wallet in crypto ). Insignificant price to pay for delivering exactly on promised time imho

[adamski]

Hashrate 53.36 MH/S

10% of Monero Hashrate

What's going on    

it's a very good sign indeed. 10% of Monero's price, I'm fine. And usually the price follows the difficulty of mining!

Sorry, but 24 mio to 5300 mio marketcap is not 10%. It's under 0.5%.. So there is enough space to grow 

[CrayjeksAjek]

What about Bittrex? All my coins are there; I dont want to use another exchange.

As said 100 times before: new exchanges will come next year. If bittrex will be one? Who knows? If you want to limit the chances of investement and only get coins that are big enough to get on bittrex, that's your decision 

Guess I'll just have to hold onto my coins then

[jksmds]

I am using SumoEasyMiner. 

I am using HP 15-bw033WM, Windows 10, AMD A12-9720 Quad Core Processor, 8GB Memory, AMD Radeon R7 GPU.
and getting hash rate of 30 H/s.

But I am not seeing any thing earned on my wallet. Am I missing something?

My wallet is 100% synchronized.

[mrtrevorphilly]

I am using SumoEasyMiner. 

I am using HP 15-bw033WM, Windows 10, AMD A12-9720 Quad Core Processor, 8GB Memory, AMD Radeon R7 GPU.
and getting hash rate of 30 H/s.

But I am not seeing any thing earned on my wallet. Am I missing something?

My wallet is 100% synchronized.

You might want to use xmr-stak miner which gives higher hashrate

     https://github.com/fireice-uk/xmr-stak-amd/releases
     https://github.com/fireice-uk/xmr-stak-cpu/releases

30H/s is basically nothing.
With current difficulty and your hw it will take a bit to earn something, and also what pool you're mining on, look at pending balance what you got there.