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kingcarsen (OP)
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November 07, 2017, 04:13:13 AM |
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Can US/Singapore citizens participate in the ICO?
Denarius is not an ICO. Anyone can participate in mining, staking, or trading. It is an open source cryptocurrency. if this means it is not ICO where does the project get the funds to run its project? what this means is just a coin for mining ICOs are a scam imo and nothing but false promises. ERC20 tokens are nothing special imo. To make an ERC20 Token (An ICO) it would take someone with no coding knowledge about 5 minutes to make it with 10 lines of Solidity code and $10. Denarius is a peer-to-peer cryptocurrency based off the original older Bitcoin Core code with modifications based off Novacoin and Stealthcoin and other new features that aren't in other coins or haven't been seen before like Tribus the PoW hashing algorithm, Multisig, USD/BTC Estimated Balances, Market Info, NodeJS Web Wallet, etc. everything about DNR is open source free for the communtiy to use/view/distribute/modify just like Bitcoin or other P2P cryptocurrencies. Denarius like Bitcoin and other cryptos is its own full protocol and network unlike ICOs and tokens. DNR has an JSON RPC API that you can use with the denariusd (Denarius daemon) to create external applications that utilize DNR (which currently there is a ton of use cases, the NodeJS Web Wallet, just being one.) A project doesn't need funds upfront to run, it just takes someone that has the passion and skills to succeed and stick with it. Your coin is way better than other young coins, but it isn't profitable to mine. There are a lot of younger coins with crappy wallets, no real whitepaper or sites that are more profitable to mine. I think that many people are afraid to invest (hash or money) in Denarius because you had a big premine (10% of total coins) and at this time I think you own more than 50% of the total coins. To gain trust of the community I think you should be more transparent with the premine coins. You can tell us how many coins you still got from the premine, the accounts that you store them, on what are you planing to spend them, etc. You can also lock some of the premine for a period of time (until the coined mined > than premine for example) so people won't be afraid that you can dump your coins, take profit and leave. All the best and good luck with your project! PS Why you got -2 on Trust? (I didn't had time to read all 100+ pages for the explanation). Maybe you can put the explanation on the ann so the newer people don't make a bad opinion of you. I have roughly only around 400,000 DNR, most of the premine was given away during launch for bounties and marketing. I do plan to still give some away in the future for giveaways and contests. (I also generally rain daily in our Gitter and Slack chats) The total premine was 1,000,000 DNR in the PoW block reward code, so 600,000 DNR of the premine is out in circulation, The total max amount of DNR that will ever be mined/minted will be 10m in roughly 3-5 years. There is currently roughly 1,800,000 DNR in circulation currently in total, so I own less than 20% of all the DNR in circulation at this point in time. I have been transparent about the premine since launch. The trust was explained several times throughout this thread, essentially a troll just left me negative feedback, I will try to find the link and get it posted on the main OP. If you click on my trust, you will see I have 15+ positive feedback. why do you need blockchain for this project?
Denarius is meant to be a fast P2P cryptocurrency, a good option for GPU miners to mine, a decent store of value if the market determines such, and it has a very limited mintage/creation amount comparatively to BTC. DNR can also handle roughly 147 transactions per second, which is much faster than most altcoins and most of the top cryptos. Denarius is technically more rare than Bitcoin as well. 10m vs. 21m. To sum it up, Denarius is just suppose to be, an awesome cryptocurrency. |
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tazmako
Full Member
 Offline
Activity: 350
Merit: 100
XDNA - Most innovative cryptocurrency in 2018
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November 07, 2017, 09:54:44 AM |
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Can US/Singapore citizens participate in the ICO?
Denarius is not an ICO. Anyone can participate in mining, staking, or trading. It is an open source cryptocurrency. if this means it is not ICO where does the project get the funds to run its project? what this means is just a coin for mining ICOs are a scam imo and nothing but false promises. ERC20 tokens are nothing special imo. To make an ERC20 Token (An ICO) it would take someone with no coding knowledge about 5 minutes to make it with 10 lines of Solidity code and $10. Denarius is a peer-to-peer cryptocurrency based off the original older Bitcoin Core code with modifications based off Novacoin and Stealthcoin and other new features that aren't in other coins or haven't been seen before like Tribus the PoW hashing algorithm, Multisig, USD/BTC Estimated Balances, Market Info, NodeJS Web Wallet, etc. everything about DNR is open source free for the communtiy to use/view/distribute/modify just like Bitcoin or other P2P cryptocurrencies. Denarius like Bitcoin and other cryptos is its own full protocol and network unlike ICOs and tokens. DNR has an JSON RPC API that you can use with the denariusd (Denarius daemon) to create external applications that utilize DNR (which currently there is a ton of use cases, the NodeJS Web Wallet, just being one.) A project doesn't need funds upfront to run, it just takes someone that has the passion and skills to succeed and stick with it. Your coin is way better than other young coins, but it isn't profitable to mine. There are a lot of younger coins with crappy wallets, no real whitepaper or sites that are more profitable to mine. I think that many people are afraid to invest (hash or money) in Denarius because you had a big premine (10% of total coins) and at this time I think you own more than 50% of the total coins. To gain trust of the community I think you should be more transparent with the premine coins. You can tell us how many coins you still got from the premine, the accounts that you store them, on what are you planing to spend them, etc. You can also lock some of the premine for a period of time (until the coined mined > than premine for example) so people won't be afraid that you can dump your coins, take profit and leave. All the best and good luck with your project! PS Why you got -2 on Trust? (I didn't had time to read all 100+ pages for the explanation). Maybe you can put the explanation on the ann so the newer people don't make a bad opinion of you. a lot of good profit coin not make more profit at early. like btc , eth , zec , zen other young coins make profit in 1-3 month and it gone dev is bump and dump coin change to shit coin and dev go to new project and do it agian. im think dnr is good coin dev doing step by step. |
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enkayz
Full Member
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Activity: 298
Merit: 100
hashbag.cc
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November 07, 2017, 10:25:20 AM |
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Your coin is way better than other young coins, but it isn't profitable to mine.
There are a lot of younger coins with crappy wallets, no real whitepaper or sites that are more profitable to mine.
I think that many people are afraid to invest (hash or money) in Denarius because you had a big premine (10% of total coins) and at this time I think you own more than 50% of the total coins.
To gain trust of the community I think you should be more transparent with the premine coins. You can tell us how many coins you still got from the premine, the accounts that you store them, on what are you planing to spend them, etc.
You can also lock some of the premine for a period of time (until the coined mined > than premine for example) so people won't be afraid that you can dump your coins, take profit and leave.
All the best and good luck with your project!
PS Why you got -2 on Trust? (I didn't had time to read all 100+ pages for the explanation). Maybe you can put the explanation on the ann so the newer people don't make a bad opinion of you.
It was profitable to mine for quite some time but with the drop in altcoin markets, right now it's not profitable if you're selling the coins for daily profit. However assuming this hits a $10m market cap within 3 years, you're looking at over $1/coin, in which case the mining is super profitable. The pre-mine was in my humble opinion not very large; there are plenty of other projects out there with much larger premines and less transparent (even outright lies) about how they are being used. The bounties that were paid are listed in the OP and you can see in the thread how they progressed. All the premine funds are in the original account which was created in the genesis block and they are traceable via any of the available block explorers (which are available mainly because of the bounty payments out of the premine account!). In comparison to other coins, some even have 20% development fees paid to the developers out of _EVERY BLOCK_ and they are humming along just nicely! I am also certain Carsen intends to use the rest of the premine for more bounty/reward/promotional programs over time; of course it would be handy if there was a 'game plan' laid out about how it's going to be spent in the future but let's be honest, that doesn't really mean a lot in this day and age - just look at other coins which had laid out very nice looking, solid plans about development which ended up going nowhere after they hit a reasonable price and the developers/early miners cashed out hard and left. I think part of the problem with Denarius is that it's too good. And I don't mean that facetiously - there has been no real 'roadmap' given because the coin was launched with a tonne of features and there is already available several new open-source releases such as the open-source NodeJS-based web wallet which were delivered as part of the coin in the early days. This means there was no expertly managed 'new feature hype' marketing which inflates the price of the other coins in the early stages by taking advantage of FOMO. Denarius doesn't really have a FOMO angle, because nobody seems to think it's going to go anywhere for some reason. Think about it. Everything about this coin is just reasonable - no ridiculous coin amounts, no 'solve world hunger' investment hype angle, no weird shit. Just a good, solid feature-rich open-sourced cryptocurrency which will stand the test of time. Carsen's negative trust just won't go away no matter how many people write positive reviews. One guy doesn't like Carsen because Carsen did some coding work for someone else he didn't like before or something, big woop. As far as I have seen in the almost year I've been watching this project, Carsen delivers time and time again and is constantly working on improvements in the background. He's no marketing guy, he's a coder. He's not going out there blowing the horn about some super awesome new feature he's working on (which I can tell you there are a couple in the works), he's just getting the job done. Negative trust unfortunately probably has a big impact on things because a lot of people just see the negative trust and ignore absolutely everything else about the project - well, I'd rather see the guy be honest about it and cop the negative feedback publicly rather than make a new account, github and other coins and hide in anonyminity like every other bloody new coin does these days (and I guess you can see why). For those reasons I think Denarius is a slow burn; it's a coin which will stand the test of time in a sea of 'me too' ICO money-grabbers. And that's why I'm holding on for dear life through this alt downturn and continuing to mine and provide the mining pool for DNR. |
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callmeguys
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November 07, 2017, 10:37:42 AM |
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Can US/Singapore citizens participate in the ICO?
Denarius is not an ICO. Anyone can participate in mining, staking, or trading. It is an open source cryptocurrency. How do I buy your Denaruis? |
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enkayz
Full Member
Offline
Activity: 298
Merit: 100
hashbag.cc
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November 07, 2017, 10:43:03 AM |
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Can US/Singapore citizens participate in the ICO?
Denarius is not an ICO. Anyone can participate in mining, staking, or trading. It is an open source cryptocurrency. How do I buy your Denaruis? The best place to buy it is on Cryptopia exchange. http://www.cryptopia.co.nz/It is also available from some other exchanges which are listed in the OP. |
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super458
Newbie
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Activity: 61
Merit: 0
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November 07, 2017, 06:05:21 PM |
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this crypto money is only 10 million and it is very cheap cause why.
also the price has not changed for 3 months, really bothering me !!!!
please inform me
Maybe you thought DNR was a short term coin? If you did then you were mistaken as DNR is more for the long term. The price is taking a hit along with many other Alts out there due to the upcoming BTC fork, also there is a lot of pressure on the sell side as people want to get back their investment they put into mining DNR. The ones holding are in it for the long term which I am and I believe DNR will be a top coin in the future. Patients is the key to DNR. thank you very match |
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PCMining
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November 07, 2017, 06:45:26 PM |
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Guys, how much denarius need for staking? Can you give me some example for 1000 DNR?
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https://www.cratex.ioCratex is international cryptocurrency trade platform and best place to buy, sell, trade and learn about crypto (0.1% trade fee, minimal withdrawal fees, fast deposits).
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abdulaziz07
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November 07, 2017, 07:32:33 PM |
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why do you need blockchain for this project?
This person has been more irritating in complete forum pitching same line in all altcoins thread topic |
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kingcarsen (OP)
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November 07, 2017, 07:47:44 PM |
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Guys, how much denarius need for staking? Can you give me some example for 1000 DNR?
There is no minimum requirement of DNR to stake  |
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PCMining
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November 07, 2017, 09:32:00 PM |
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Guys, how much denarius need for staking? Can you give me some example for 1000 DNR?
There is no minimum requirement of DNR to stake So, what is roughly stake profit with 1000 DNR? |
https://www.cratex.ioCratex is international cryptocurrency trade platform and best place to buy, sell, trade and learn about crypto (0.1% trade fee, minimal withdrawal fees, fast deposits).
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d3athgu1s3
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November 08, 2017, 02:44:38 AM |
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Guys, how much denarius need for staking? Can you give me some example for 1000 DNR?
There is no minimum requirement of DNR to stake So, what is roughly stake profit with 1000 DNR? At the moment, not a lot as it is not full PoS yet. I roughly get between 0.0003-0.0008 DNR staking with 1000 DNR per day. |
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puwaha
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November 08, 2017, 03:05:10 AM |
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There's already a cryptopay api, marketplace shouldn't be hard to make. Thing is... At the current price, nobody would like to put more money on the coin  The current price is not a problem, the problem is, DNR didn't have enough attention. So far, DNR is just another alt coin in a bunch of alt coins on Cryptopia. Nobody will take it seriously if a coin only can be traded on Cryptopia. But, on the other hand, it's also a good time to collect a good coin when rare people knew it  Look at most coins' history, and you will see that it takes time to build a proper economy. Give it about a year, and I think you will be pleasantly surprised about DNR. |
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iuhkymt
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Activity: 39
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November 08, 2017, 06:21:40 AM |
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Has Denarius been still profitable for miners? Thanks all.
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super458
Newbie
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Activity: 61
Merit: 0
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November 08, 2017, 11:38:36 AM |
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rupcj8
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November 08, 2017, 02:37:58 PM |
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It depends on where's your miners. First of all, choose a pool with lower ping. Then try to find a pool with lower fee. By the way, I'm using hashbag. |
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rupcj8
Newbie
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November 08, 2017, 02:47:49 PM |
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There's already a cryptopay api, marketplace shouldn't be hard to make. Thing is... At the current price, nobody would like to put more money on the coin The current price is not a problem, the problem is, DNR didn't have enough attention. So far, DNR is just another alt coin in a bunch of alt coins on Cryptopia. Nobody will take it seriously if a coin only can be traded on Cryptopia. But, on the other hand, it's also a good time to collect a good coin when rare people knew it Look at most coins' history, and you will see that it takes time to build a proper economy. Give it about a year, and I think you will be pleasantly surprised about DNR. Yes, I hope so. In my bag, DNR was about 10% and I may increase it to 15-20%, the transfer speed is amazing and the wallet is good too. |
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FacelessCrypto
Full Member
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Activity: 539
Merit: 105
IDENA.IO - Proof-Of-Person Blockchain
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November 08, 2017, 05:49:51 PM |
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DNR vs DeepOnion.. How are they placed in altcoin space. Just thinking why DNR is 0.25 USD and Onion is 0.7USD. is ther any fundamental reason ?
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kingcarsen (OP)
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November 08, 2017, 07:21:23 PM |
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I think this will make DNR a very very good looking alternative. We have speed, features, and a fantastic community on our side! |
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