sumokoin

[charlie137]

the unstoppable one, huh) what a nice ride!

[tuiputui]

10$, still the cheapest privacy coin out there....

https://ibb.co/hyoUpw

[charlie137]

10$, still the cheapest privacy coin out there....

https://ibb.co/hyoUpw

can't see how its a bad thing with current dynamics

[jok1337]

Target end of january 50$

[Doctor.Strange]

Target end of january 50$

Not possible

[tuiputui]

10$, still the cheapest privacy coin out there....

https://ibb.co/hyoUpw

can't see how its a bad thing with current dynamics

not really saying is a bad thing, more the opposite.. there´s enormous room to grow...

I can´t wait the premine gets unlocked in 2018.... that´s when they will start doing marketing, bounty programs, pay to get listed in exchanges, pay more devs for extra features,  and push the project... right now all the grow is organic because the community and the miners love the progress (They just releases "Ghost addresses" wallet (that feature itself is pretty cool)...

[charlie137]

Target end of january 50$

Not possible

do you still using these two words in one sentence?)) what was the bch price range first 24 hours?

[Febo]

10$, still the cheapest privacy coin out there....

https://ibb.co/hyoUpw

can't see how its a bad thing with current dynamics

not really saying is a bad thing, more the opposite.. there´s enormous room to grow...

No is not, there is 2 millions coins mined and 86 millions to come. That is huge inflation of coins.   Monero or AEON will double its coins in next 100 years. Sumo will double them in few months. I dont realy know but inflation will just increase.

[nuskill]

10$, still the cheapest privacy coin out there....

https://ibb.co/hyoUpw

can't see how its a bad thing with current dynamics

not really saying is a bad thing, more the opposite.. there´s enormous room to grow...

No is not, there is 2 millions coins mined and 86 millions to come. That is huge inflation of coins.   Monero or AEON will double its coins in next 100 years. Sumo will double them in few months. I dont realy know but inflation will just increase.

yep agree with that. Even with the current price level Sumo gonna increase in the market cap pretty quick with more and more coins being mined.
The room for growth will get smaller and smaller

[WAVES18]

10$, still the cheapest privacy coin out there....

https://ibb.co/hyoUpw

https://thumb.ibb.co/hyoUpw/the_privacy_bubble.jpg

can't see how its a bad thing with current dynamics

not really saying is a bad thing, more the opposite.. there´s enormous room to grow...

No is not, there is 2 millions coins mined and 86 millions to come. That is huge inflation of coins.   Monero or AEON will double its coins in next 100 years. Sumo will double them in few months. I dont realy know but inflation will just increase.

yep agree with that. Even with the current price level Sumo gonna increase in the market cap pretty quick with more and more coins being mined.
The room for growth will get smaller and smaller

Can anyone explain to me when these coins are to be mined?  I can't find the information but 2.7m circulating, with almost 89m max supply seams like the current price is drastically inflated pending release of possible coins...

[tuiputui]

10$, still the cheapest privacy coin out there....

https://ibb.co/hyoUpw

can't see how its a bad thing with current dynamics

not really saying is a bad thing, more the opposite.. there´s enormous room to grow...

No is not, there is 2 millions coins mined and 86 millions to come. That is huge inflation of coins.   Monero or AEON will double its coins in next 100 years. Sumo will double them in few months. I dont realy know but inflation will just increase.

86 million in 20 years

                        Monero                                   Sumokoin
Total supply:   Infinite - 18.4M in first 8 yrs     Infinite - 88.8M in first 20 yrs

In 2021 the supply could be in worst case half of litecoin supply (wich total supply is also 84M)... and litecoin after 4 years is 300$...
https://steemit-production-imageproxy-upload.s3.amazonaws.com/DQmXEPNRhZG7otRfsDPDwrbe4soNxFLAEdUznpNJo2RTq6y

If you don´t see room to grow in the numbers please tell where i should put my money...

[Febo]

10$, still the cheapest privacy coin out there....

https://ibb.co/hyoUpw

can't see how its a bad thing with current dynamics

not really saying is a bad thing, more the opposite.. there´s enormous room to grow...

No is not, there is 2 millions coins mined and 86 millions to come. That is huge inflation of coins.   Monero or AEON will double its coins in next 100 years. Sumo will double them in few months. I dont realy know but inflation will just increase.

86 million in 20 years

                        Monero                                   Sumokoin
Total supply:   Infinite - 18.4M in first 8 yrs     Infinite - 88.8M in first 20 yrs

In 2021 the supply could be in worst case half of litecoin supply (wich total supply is also 84M)... and litecoin after 4 years is 300$...
https://steemit-production-imageproxy-upload.s3.amazonaws.com/DQmXEPNRhZG7otRfsDPDwrbe4soNxFLAEdUznpNJo2RTq6y

If you don´t see room to grow in the numbers please tell where i should put my money...

Compare with Litecoin is silly since Litecoin is Bitcoin clone that is way more developed then Monero.  You can easily compare Sumo with Monero or with AEON. They have 15.5 millions coins mined. In 12 years time will have 19.5 millions coins mined. That is 25% increase. SUMO will have in 12 years 55 millions coins mined what is  2000% increase.  So you see.

But i think highest inflation will be like 3 years from now. And 12 years from now will get to cool times. In anyway. Buying SUMO before 2020 is super silly.

[tuiputui]

10$, still the cheapest privacy coin out there....

https://ibb.co/hyoUpw

can't see how its a bad thing with current dynamics

not really saying is a bad thing, more the opposite.. there´s enormous room to grow...

No is not, there is 2 millions coins mined and 86 millions to come. That is huge inflation of coins.   Monero or AEON will double its coins in next 100 years. Sumo will double them in few months. I dont realy know but inflation will just increase.

86 million in 20 years

                        Monero                                   Sumokoin
Total supply:   Infinite - 18.4M in first 8 yrs     Infinite - 88.8M in first 20 yrs

In 2021 the supply could be in worst case half of litecoin supply (wich total supply is also 84M)... and litecoin after 4 years is 300$...
https://steemit-production-imageproxy-upload.s3.amazonaws.com/DQmXEPNRhZG7otRfsDPDwrbe4soNxFLAEdUznpNJo2RTq6y

If you don´t see room to grow in the numbers please tell where i should put my money...

Compare with Litecoin is silly since Litecoin is Bitcoin clone that is way more developed then Monero.  You can easily compare Sumo with Monero or with AEON. They have 15.5 millions coins mined. In 12 years time will have 19.5 millions coins mined. That is 25% increase. SUMO will have in 12 years 55 millions coins mined what is  2000% increase.  So you see.

But i think highest inflation will be like 3 years from now. And 12 years from now will get to cool times. In anyway. Buying SUMO before 2020 is super silly.

Well i must be silly then buying this when it was 0.3 and having right now +1500% in my portfolio and 3000% last week when it crossed 11$, (yes i didn´t sell a single token cause it´s gonna do previous atm and goin over that.. but what should i know..)

"But i think highest inflation will be like 3 years from now. And 12 years from now will get to cool times. In anyway. Buying SUMO before 2020 is super silly."

So you mean buying litecoin in 2013 at 1.3$ is worse than buy in 2017 at 50$ or what´s the point? (and i´m not even talking about the supply sumo will have in 4 years, wich is way less than litecoin in 2018, cause sumo is a 20 years scheme..)

[obit33]

Well i must be silly then buying this when it was 0.3 and having right now +1500% in my portfolio and 3000% last week when it crossed 11$, (yes i didn´t sell a single token cause it´s gonna do previous atm and goin over that.. but what should i know..)

"But i think highest inflation will be like 3 years from now. And 12 years from now will get to cool times. In anyway. Buying SUMO before 2020 is super silly."

So you mean buying litecoin in 2013 at 1.3$ is worse than buy in 2017 at 50$ or what´s the point? (and i´m not even talking about the supply sumo will have in 4 years, wich is way less than litecoin in 2018, cause sumo is a 20 years scheme..)

Yes, you are being silly... you purely focus on short term paper profit... Sumo has nothing more to offer than monero, right now sumo is basically a copy of monero, but with a 10% premine, a higher future inflation, a much smaller devteam that doesn't know the codebase, no utility whatsoever (tell me, where is sumo being used), no cryptographers (like MRL in monero) to vet and peerreview the code and to develop new things like multisig, bulletproofs etc. No hardware wallet coming, not supported on big markets, ...

sure, right now it's an easy speculative pump vehicle, like 99% of other shitcoins going up... I just checked their roadmap, they litteraly just do what monero does... why on earth would any sane person invest in a pure copy of something that already has networkeffect?

good luck, I think you will need it, hopefully you will be as talkative about your losses as about your profit...

[Febo]

10$, still the cheapest privacy coin out there....

https://ibb.co/hyoUpw

can't see how its a bad thing with current dynamics

not really saying is a bad thing, more the opposite.. there´s enormous room to grow...

No is not, there is 2 millions coins mined and 86 millions to come. That is huge inflation of coins.   Monero or AEON will double its coins in next 100 years. Sumo will double them in few months. I dont realy know but inflation will just increase.

86 million in 20 years

                        Monero                                   Sumokoin
Total supply:   Infinite - 18.4M in first 8 yrs     Infinite - 88.8M in first 20 yrs

In 2021 the supply could be in worst case half of litecoin supply (wich total supply is also 84M)... and litecoin after 4 years is 300$...
https://steemit-production-imageproxy-upload.s3.amazonaws.com/DQmXEPNRhZG7otRfsDPDwrbe4soNxFLAEdUznpNJo2RTq6y

If you don´t see room to grow in the numbers please tell where i should put my money...

Compare with Litecoin is silly since Litecoin is Bitcoin clone that is way more developed then Monero.  You can easily compare Sumo with Monero or with AEON. They have 15.5 millions coins mined. In 12 years time will have 19.5 millions coins mined. That is 25% increase. SUMO will have in 12 years 55 millions coins mined what is  2000% increase.  So you see.

But i think highest inflation will be like 3 years from now. And 12 years from now will get to cool times. In anyway. Buying SUMO before 2020 is super silly.

Well i must be silly then buying this when it was 0.3 and having right now +1500% in my portfolio and 3000% last week when it crossed 11$, (yes i didn´t sell a single token cause it´s gonna do previous atm and goin over that.. but what should i know..)

"But i think highest inflation will be like 3 years from now. And 12 years from now will get to cool times. In anyway. Buying SUMO before 2020 is super silly."

So you mean buying litecoin in 2013 at 1.3$ is worse than buy in 2017 at 50$ or what´s the point? (and i´m not even talking about the supply sumo will have in 4 years, wich is way less than litecoin in 2018, cause sumo is a 20 years scheme..)

I dont think Litecon have same inflation cycle as Sumo. I just compared Monero inflation with Sumo inflation and i dont see any option that I can get more SUMO for one Monero/AEON today then 3 years form now. Impossible.