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Author Topic: (DNR) Denarius Speculation  (Read 605 times)
Bitcoiner12
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July 08, 2017, 01:25:47 PM
 #1

Feel free to Speculate

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July 08, 2017, 01:44:38 PM
 #2

I'm not sure how this coin will do? I invested thinking low market cap and active dev

At the same time, there is a premine. I'm conflicted. Hope it does well and the dev doesn't bail on it
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July 08, 2017, 02:59:41 PM
 #3

"only" 9% premined and 5% of that goes back into development and promotion. Dev team is very active and is open for suggestions. The coin is super fast and payments will be received within seconds.

Many positive things to come.
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July 08, 2017, 03:02:54 PM
 #4

A lot of coins have premines, that does not make it a bad coin in itself. I am not sure exactly how high denarius can go, but surely higher that $1..

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July 08, 2017, 03:07:15 PM
 #5

I personally think it is one of the more exciting coins to come out in a long time. It has a reasonable level of supply, not too many and not too few, just right for it to be able to get a high market-value in the future. Although max supply is set to 10 million in 3 years, it is possible this amount is lower depending on how many miners there are and how many coins accidentally are burnt.

Not to mention the transfer rate, which I think is one of the most important aspects of any coin. It is one of the fastest I have ever seen. When a transfer is made, you are immediately notified (takes 1 second). Switching from unconfirmed to confirmed takes on average around 3 seconds for me, although some report 15 seconds. I think that is one of the most exciting aspects really, as it enables it to be easy to use for merchants, who require fast transaction times, in order to be able to process their customers as fast as possible.

The dev is also very active, on a daily basis, on the forum, gitter and most importantly with development and trying to get the coin listed across more exchange sites. He appear genuinely invested into the development and longevity of the coin and its tech.

Price speculation is always extremely difficult, but miners have picked it up fast, price has increased at a reasonable level and concurrent (or active) buying volume has increased from 1 BTC last week to over 9 BTC at times pr 24 h. Trading volume is naturally larger. My guess is that we may see $10+ on this coin, keeping the figures conservative. Some have speculated it to be higher, but I am a highly conservative person, and that impacts my price prediction somewhat.
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July 08, 2017, 03:31:46 PM
 #6

I personally think it is one of the more exciting coins to come out in a long time. It has a reasonable level of supply, not too many and not too few, just right for it to be able to get a high market-value in the future. Although max supply is set to 10 million in 3 years, it is possible this amount is lower depending on how many miners there are and how many coins accidentally are burnt.

Not to mention the transfer rate, which I think is one of the most important aspects of any coin. It is one of the fastest I have ever seen. When a transfer is made, you are immediately notified (takes 1 second). Switching from unconfirmed to confirmed takes on average around 3 seconds for me, although some report 15 seconds. I think that is one of the most exciting aspects really, as it enables it to be easy to use for merchants, who require fast transaction times, in order to be able to process their customers as fast as possible.

The dev is also very active, on a daily basis, on the forum, gitter and most importantly with development and trying to get the coin listed across more exchange sites. He appear genuinely invested into the development and longevity of the coin and its tech.

Price speculation is always extremely difficult, but miners have picked it up fast, price has increased at a reasonable level and concurrent (or active) buying volume has increased from 1 BTC last week to over 9 BTC at times pr 24 h. Trading volume is naturally larger. My guess is that we may see $10+ on this coin, keeping the figures conservative. Some have speculated it to be higher, but I am a highly conservative person, and that impacts my price prediction somewhat.

comparing it to other coins like Redd, Verge etc they all have millions of $ market cap and way less features. This has:

Stealth Addresses
Encrypted Messaging
Fast Transactions
Tribus Proof of Work Algorithm (NEW)
Proof-of-Stake with 6% APR after PoW Ends in 3 years.

At $10+ it still only is worth $3 million. IMO this goes to $30 million cap. As soon as it is on Yobit volume will pick up even faster.
theMiro
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July 08, 2017, 06:09:04 PM
 #7

Very fast transaction times, it can be seen within 1s in your wallet (and max 30sec before spendable)
Devs and community are eager to help with everything.

This is what I think by now, but the coin itself was pretty much born yesterday so it will be interesting to follow the progress.

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July 08, 2017, 06:16:30 PM
 #8

Mining wise this is very good. Pretty easy to see others jumping on board as the hashrate has increased significantly the last few days.

The transaction times are nearly instant. And a big bonus is that the DNR community appears to be genuinely invested in this. There are a lot of hours every day being spent by some in the gitter on getting new things working.

Current exchange rate shows this at 1DNR=$1 on the dot.
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July 08, 2017, 11:49:09 PM
 #9

There is nothing much to add from me as most have already outlined the aspects that this coin has to offer. This is my first coin ever I have mined using a gpu and so far even though I'm not earning much due to the high hash rate, I think it's going well and I will continue to mine this coin as I believe the price will only go up in the future. Right now the price has taken a hit under $1 and could be a great time to buy back in for people who like to stake coins like myself.



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.BITVEST DICE.
HAS BEEN RELEASED!


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vikingchild
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July 09, 2017, 06:44:45 PM
 #10

Here are a few articles I have written on Denarius:

What is Denarius and what GOU Mining Hashrate you can expect: http://cryptovore.com/2017/07/02/what-is-denarius-and-gpu-mining-hashrate/
How to mine Denarius: http://cryptovore.com/2017/07/05/how-to-mine-denarius-dnr/

Any contributions/donations are welcome if you like and benefitted from the content. It will allow me to focus more on writing.
Denarius: DLoipxZwdo6b2JVTuQkXtSy25MXHK1YzzP
BTC: 1HAWmXc1Rt9ifp7FTiMCu4Nm1Affw14DE8

<3
theMiro
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July 10, 2017, 03:02:46 AM
 #11

Here are a few articles I have written on Denarius:

What is Denarius and what GOU Mining Hashrate you can expect: http://cryptovore.com/2017/07/02/what-is-denarius-and-gpu-mining-hashrate/
How to mine Denarius: http://cryptovore.com/2017/07/05/how-to-mine-denarius-dnr/

Any contributions/donations are welcome if you like and benefitted from the content. It will allow me to focus more on writing.
Denarius: DLoipxZwdo6b2JVTuQkXtSy25MXHK1YzzP
BTC: 1HAWmXc1Rt9ifp7FTiMCu4Nm1Affw14DE8

<3

That's a good piece of introduction for DNR.
But for me as a reader it was a bit unclear in point 5.

You say to write in bat file one of two:
ccminer-x64 -o stratum+tcp://hashbag.cc:8688 -u YOUR_WALLET_ADDRESS -p x
sgminer -o stratum+tcp://hashbag.cc:8688 -u YOUR_WALLET_ADDRESS -p x

But then you say that you use as well some  “-I VALUE_NUMBER” which wasn't mentioned before.
Maybe because of my experience gap with DNR and all these tech details but it was hard to understand for me - should i bother about it?
It just confused me.

Otherwise a good piece of information, especially considering that it's pretty much one of a kind on web.

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