snatchmonkey
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April 21, 2015, 09:34:47 AM |
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Stop me if I'm wrong here, but Argentum is currently on block 1152612 and gives a random reward between 1 and 5.
Average reward is therefore 3 coins per block.
1152612 blocks x 3 coins per block = 3457836 total coins.
We can knock 3000 off that due to the staggered reward at launch, leaving us with an estimated 3454836 coins in circulation.
The ~350k coins that have been dumped are surely more like 10% of the total coins.
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Vlad2Vlad
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www.ixcoin.net
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April 21, 2015, 12:07:54 PM |
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Stop me if I'm wrong here, but Argentum is currently on block 1152612 and gives a random reward between 1 and 5.
Average reward is therefore 3 coins per block.
1152612 blocks x 3 coins per block = 3457836 total coins.
We can knock 3000 off that due to the staggered reward at launch, leaving us with an estimated 3454836 coins in circulation.
The ~350k coins that have been dumped are surely more like 10% of the total coins.
So is coinmarketcap wrong then where it says there are 1.5 million coins outstanding? ARG has real devs - why isn't there a proper block explorer in the OP? Would be nice. But even at 10%. A10% dump in 2 weeks near the all-time low is strange. I couldn't find a 5,000 block for sale most of last year yet now we're seeing 50,000 blocks, multiple times? Something isn't right.
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iXcoin - Welcome to the F U T U R E!
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mrbodz
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April 21, 2015, 01:11:55 PM |
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There's a block explorer being developed by xawksow. When he finishes ARG and SRC will be added to it.
Ahmed
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snatchmonkey
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April 21, 2015, 05:29:23 PM |
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Great news that Arg/Src will be getting added to the new block explorer, thanks Ahmed.
I was a bit surprised at so many coins being sold so cheap but I'm not reading much into it myself, other than that a big holder wanted to sell in a hurry.
And yes Vlad, I believe that coinmarketcap is wrong.
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Vlad2Vlad
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April 21, 2015, 07:42:07 PM |
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Great news that Arg/Src will be getting added to the new block explorer, thanks Ahmed.
I was a bit surprised at so many coins being sold so cheap but I'm not reading much into it myself, other than that a big holder wanted to sell in a hurry.
And yes Vlad, I believe that coinmarketcap is wrong.
It could just be a big seller but from my experience this type of mass dumping at all-time lows is indicative of manipulation. I could be wrong in which case ARG will just continue To go lower and lower. It's too bad if we have another 2 million coins we didn't know about. And we really need to heavily cut back the Max cap supply. It's way too high for this type of low inflation coin. If Ahmed doesn't have time I can probably find a dev to do that update. The community simply has To give their ok.
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iXcoin - Welcome to the F U T U R E!
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halinyo
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The future is bright with DigiByte.
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April 25, 2015, 04:11:38 PM Last edit: April 28, 2015, 10:18:32 AM by halinyo |
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This coin really easily can be rebranded... And the price can jump X50-100 range...
Need some modification and some innovative development along with great marketing skills... This is a silver coin... So maybe something can be done along with Goldcoin GLD. Gold and silver must work great together.
Maybe something to consider if it has not been done... The price can be adopted to real silver stock market...
ARG is a great coin with a clean background. It would be a great opportunity to do something out of it... We have to also bring out a few famous people for the marketing purposes...
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techbytes
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Point. Click. Blockchain
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April 25, 2015, 04:30:11 PM |
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Great news that Arg/Src will be getting added to the new block explorer, thanks Ahmed.
I was a bit surprised at so many coins being sold so cheap but I'm not reading much into it myself, other than that a big holder wanted to sell in a hurry.
And yes Vlad, I believe that coinmarketcap is wrong.
It could just be a big seller but from my experience this type of mass dumping at all-time lows is indicative of manipulation. I could be wrong in which case ARG will just continue To go lower and lower. It's too bad if we have another 2 million coins we didn't know about. And we really need to heavily cut back the Max cap supply. It's way too high for this type of low inflation coin. If Ahmed doesn't have time I can probably find a dev to do that update. The community simply has To give their ok. What kind of manipulations can there be for ARG in its inactive state? Current devs are busy with DGC and all agreed to put arg/src on the back burner. Maybe whoever dumped decided to give up on ARG and get what he can get out of it. I have done this myself with other coins. I'm sure community will not object to you having someone else to update ARG but it will still need ahmed/xawksow to look over the changes. -tb-
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snatchmonkey
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May 07, 2015, 06:34:25 PM |
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Indeed, I don't really see what purpose it would serve to dump so many coins at once, other than to get rid of them.
I have often thought however that some sort of sell bot might be operating on the Arg market. I'm no expert but the constant stream of small sells implies to me the work of a bot. Surely nobody is sitting there and decides to sell 1.58879117 Arg and then a minute later another guy decides to get rid of 2.36326063 Arg.
I would guess that someone is using a bot either to get rid of coins without dumping the price too much, or to lower the price in order to buy in cheaper. I'm just speculating though, I don't know.
I think it's the right thing that the devs should concentrate on DGC, it's just that no timeline or roadmap was discussed regarding Src/Arg, so naturally after a while people are wondering what the plan is. It's good to know that it hasn't been forgotten, and especially good to hear that Arg/Src is to be included in the new block explorer.
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samson
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May 29, 2015, 10:50:05 PM |
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I've still got about 150k of these lying around since about a year ago. Negligible value. Will just keep them in case it 'moons'
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bejjan
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June 24, 2015, 08:12:38 AM |
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Which is the correct source for this coin ? and wallet ?
Having problems syncing and db errors allover the place.
Best regards, Bejjan
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mullick
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July 01, 2015, 07:50:54 AM |
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Which is the correct source for this coin ? and wallet ?
Having problems syncing and db errors allover the place.
Best regards, Bejjan
The database errors are because baritus has no idea how to fix it or is just plain too lazy to do so. Its rather annoying Here is the work around that was not found by baritus. But rather Ahmed_Bodi. Its the bandaid they have been using for the last year or so 1. In the "Argentum" data directory folder, create a file called "DB_CONFIG" without any extension.
2. Copy and paste this into it: set_lk_max_locks 537000 set_lk_max_objects 537000
3. Save that file.
4. In the "Argentum" data directory folder, delete blk0001.dat, blkindex.dat, database folder, and db.log in the data directory, and restart.
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flound1129
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August 04, 2015, 02:11:25 AM |
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Which is the correct source for this coin ? and wallet ?
Having problems syncing and db errors allover the place.
Best regards, Bejjan
The database errors are because baritus has no idea how to fix it or is just plain too lazy to do so. Its rather annoying Here is the work around that was not found by baritus. But rather Ahmed_Bodi. Its the bandaid they have been using for the last year or so 1. In the "Argentum" data directory folder, create a file called "DB_CONFIG" without any extension.
2. Copy and paste this into it: set_lk_max_locks 537000 set_lk_max_objects 537000
3. Save that file.
4. In the "Argentum" data directory folder, delete blk0001.dat, blkindex.dat, database folder, and db.log in the data directory, and restart. Baritus just deleted one of my posts in this thread so he's still around.
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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techbytes
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Point. Click. Blockchain
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August 04, 2015, 02:14:11 AM |
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snatchmonkey
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August 06, 2015, 09:10:07 PM Last edit: August 06, 2015, 09:53:27 PM by snatchmonkey |
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Nice one tb, thanks Edit: very nice explorer, i see there is quite a lot more Arg than I had guesstimated with 4.35 million of them, ~50% in Cryptsy.
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bejjan
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August 06, 2015, 10:22:06 PM |
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alt19
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October 21, 2015, 08:56:09 AM |
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does ARG have checkpoints? Do you plan to implement them?
merged mining?
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moreporknz
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Ok, Who's hungry?
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January 30, 2016, 08:49:08 PM |
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Are there any exchanges that support argentum now that cryptsy is gone?
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3 - 2 - 1 @ 220, the only way to go!
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moreporknz
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Ok, Who's hungry?
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January 31, 2016, 10:25:41 PM |
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I'll take that as a NO...
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3 - 2 - 1 @ 220, the only way to go!
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cryptmebro
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February 02, 2016, 10:45:47 PM |
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I'll take that as a NO...
Unfortunately I haven't been able to find another exchange. ARG, DGC, and SRC are dead anyways, so it doesn't really matter.
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