[CENT] Pennies launched

[Winky]

What is this Stake thing? I have 68800000 Pennies @ Cryptsy. Should i withdraw them to the wallet and wait 9 days and then send them back to cryptsy? Will that work and how much coins more will i get?

[cryptodude]

  Cryptsy Sucks!   Can't login, doesn't take username nor password, and the Captcha text
is unreadable.  They say on their own site that they are doing it purposely to keep the
volume down while they are trying to fix problems with the site.  There are hundreds of
others complaining about it in the forums.
  Doesn't that just give you the warm fuzzies knowing they decieve you instead of just
putting up a closed for maintenance page and an e.t.a.
  CoinedUp at least put a notice on facebook and twitter, which didn't do squat for those
of us that don't support the NSA spying on us. They too should have put up an info page.

[utens]

SO what should we do with our pennies on cryptsy?     need to withdraw and do something special

[cryptodude]

 OK, Stupid question here, (be gentile here I'm a newbie to all this) are there any coins you can
mine with a basic home computer? Please reply when you stop laughing.

[opnoskatt]

OK, Stupid question here, (be gentile here I'm a newbie to all this) are there any coins you can
mine with a basic home computer? Please reply when you stop laughing.

Yes, but not generally if the coin is well established due to rising difficulty ratings.  If you keep an eye out for new coins as they are launched you can start mining in the very early stages (low difficulty) and get quite a few coins in most cases.  Mind you, more than half of these coins will be complete junk, but if all you have is a basic home computer it's the best recommendation I have for mining. 

[erre]

OK, Stupid question here, (be gentile here I'm a newbie to all this) are there any coins you can
mine with a basic home computer? Please reply when you stop laughing.

Yes, but not generally if the coin is well established due to rising difficulty ratings.  If you keep an eye out for new coins as they are launched you can start mining in the very early stages (low difficulty) and get quite a few coins in most cases.  Mind you, more than half of these coins will be complete junk, but if all you have is a basic home computer it's the best recommendation I have for mining. 

Completely true.

Start with lottocoin if you want, i'm currently mining it: difficulty is still low, is already on a little exchange (coinedup), and it will get on cryptsy after christmas holydays!

[VERUMinNUMERIS]

Can somebody clarify how many cent coins there will be now?  Cause it's sure not 1 Billion or even 1 Trillion.  It appears to be a much larger number but I have no idea how many trillions.

And also, what's gonna happen on or after Jan 8th?

I mean, there's gonna be a massive payout, does the dev have any plans to increase the value of what will probably be the most diluted coin out there (except for ShitCoin)?

I mean, cent would be the perfect market coin on various exchanges since there will be plenty of it, it's cheap and it's not a scam coin so I do see a purpose for it.

Any answers would be appreciated.  If we can hear from Shake it would be great.

[meta.p02]

Code:

"blocks" : 204002,
"moneysupply" : 16891620158364.00000000, //16,891.62 billion

"blocks" : 204152,
"moneysupply" : 17002738915062.00000000, //17,002.74 billion

"blocks" : 204892,
"moneysupply" : 17374793375838.00000000, //17,374.79 billion

Oh my, it's increasing faster than the US national debt! 

Also, could we consider replacing the entire block generation method with 0% proof-of-stake (and no proof-of-work)? It would be an interesting development.

[VERUMinNUMERIS]

Code:

"blocks" : 204002,
"moneysupply" : 16891620158364.00000000, //16,891.62 billion

"blocks" : 204152,
"moneysupply" : 17002738915062.00000000, //17,002.74 billion

"blocks" : 204892,
"moneysupply" : 17374793375838.00000000, //17,374.79 billion

Oh my, it's increasing faster than the US national debt!  

Also, could we consider replacing the entire block generation method with 0% proof-of-stake (and no proof-of-work)? It would be an interesting development.

That says 17 billion which is not possible.  We're in the trillions.  There are buy orders on Cryptsy at 1 XPM for 1.6 Trillion so I imagine the total is much much larger.  

Doesn't anybody know the current outstanding coins and what the final total will be?

Shakezula??

TIA!

[hvezdasmrti]

Penis launched... total crap...

[Wilhelm]

OK, Stupid question here, (be gentile here I'm a newbie to all this) are there any coins you can
mine with a basic home computer? Please reply when you stop laughing.

Yes providing you have a good ATI GPU you can mine scrypt coins.
Also there are some CPU coins you can mine like quark.

These sites give good indexes
www.coinwarz.com
www.coinchoose.com
www.wheretomine.com

You can have a pool do it for you
www.multipool.us
www.middlecoin.com


Hope these links help!

[opnoskatt]

Code:

"blocks" : 204002,
"moneysupply" : 16891620158364.00000000, //16,891.62 billion

"blocks" : 204152,
"moneysupply" : 17002738915062.00000000, //17,002.74 billion

"blocks" : 204892,
"moneysupply" : 17374793375838.00000000, //17,374.79 billion

Oh my, it's increasing faster than the US national debt!  

Also, could we consider replacing the entire block generation method with 0% proof-of-stake (and no proof-of-work)? It would be an interesting development.

That says 17 billion which is not possible.  We're in the trillions.  There are buy orders on Cryptsy at 1 XPM for 1.6 Trillion so I imagine the total is much much larger.  

Doesn't anybody know the current outstanding coins and what the final total will be?

Shakezula??

TIA!

17,374.79 billion    =  17.374 trillion    <-- it's correct

[sitefive]

uhm can anyone tell me what will actually happen after that 8th january? and what will be the effect of it?

[VERUMinNUMERIS]

Code:

"blocks" : 204002,
"moneysupply" : 16891620158364.00000000, //16,891.62 billion

"blocks" : 204152,
"moneysupply" : 17002738915062.00000000, //17,002.74 billion

"blocks" : 204892,
"moneysupply" : 17374793375838.00000000, //17,374.79 billion

Oh my, it's increasing faster than the US national debt!  

Also, could we consider replacing the entire block generation method with 0% proof-of-stake (and no proof-of-work)? It would be an interesting development.

That says 17 billion which is not possible.  We're in the trillions.  There are buy orders on Cryptsy at 1 XPM for 1.6 Trillion so I imagine the total is much much larger.  

Doesn't anybody know the current outstanding coins and what the final total will be?

Shakezula??

TIA!

17,374.79 billion    =  17.374 trillion    <-- it's correct

Ok so we're at 17 trillion now, right?  That means in 9 days we'll be at about 170 trillion? 

This is crazy, that's more coins than ShitCoin which was the biggest joke ever, and quite funny but this is not that funny when one has real money invested.

Somebody tell me this ain't so.  How could Shakezula let this thing run to over 100 trillion coins?  How could any dev let their coin run past the yardstick of ShitCoins which is why the vlad guy chose a mind boggling 100 trillion coins for ShitCoin.

I really hope I'm wrong about this but the ridiculous POS doesn't lie.

[perhan007]

Code:

"blocks" : 204002,
"moneysupply" : 16891620158364.00000000, //16,891.62 billion

"blocks" : 204152,
"moneysupply" : 17002738915062.00000000, //17,002.74 billion

"blocks" : 204892,
"moneysupply" : 17374793375838.00000000, //17,374.79 billion

Oh my, it's increasing faster than the US national debt!  

Also, could we consider replacing the entire block generation method with 0% proof-of-stake (and no proof-of-work)? It would be an interesting development.

That says 17 billion which is not possible.  We're in the trillions.  There are buy orders on Cryptsy at 1 XPM for 1.6 Trillion so I imagine the total is much much larger.  

Doesn't anybody know the current outstanding coins and what the final total will be?

Shakezula??

TIA!

You can put as many buy orders as you want, it doesn't matter if there are so many coins around or not...

[sitefive]

uhm can anyone tell me what will actually happen after that 8th january? and what will be the effect of it?
I have about 4 500 000 000 Of them, should I sell them now for close to nothing or what?

[VERUMinNUMERIS]

Code:

"blocks" : 204002,
"moneysupply" : 16891620158364.00000000, //16,891.62 billion

"blocks" : 204152,
"moneysupply" : 17002738915062.00000000, //17,002.74 billion

"blocks" : 204892,
"moneysupply" : 17374793375838.00000000, //17,374.79 billion

Oh my, it's increasing faster than the US national debt!  

Also, could we consider replacing the entire block generation method with 0% proof-of-stake (and no proof-of-work)? It would be an interesting development.

That says 17 billion which is not possible.  We're in the trillions.  There are buy orders on Cryptsy at 1 XPM for 1.6 Trillion so I imagine the total is much much larger.  

Doesn't anybody know the current outstanding coins and what the final total will be?

Shakezula??

TIA!

You can put as many buy orders as you want, it doesn't matter if there are so many coins around or not...

I realize that but logic suggests that's simply not the case.  And in fact that's the case, we're now at 17 trillion so the 1.6 trillion buy orders now make perfect sense. 

So my question now is how many coins will there be next month after the last of the ridiculous POS payout cause it looks like it's gonna be around 200 trillion which would be absurdly stupid.

[Desten]

I suspect that coin dev specially laid a mistake in pos.
Two confirmation of this:
1. All coins are mined very fast. There was no time to think/relax.
2. Crazy pump then dump after first pos rewards.

After finding error dev can say "Oops, there is error in code, sorry guys.. i don't know what to do with this. Or no, i know what to do. Play about 2-3-4-5 weeks, then i will fix this".
But only dev has exact view at what will be with coin after end of pow-mining. He has enough time to buy/mine enough coins for minimal price (this leads to little pump), then send coins to wallets exactly before pow-mining end, then after first pos-rewards send first chunk(s) of pos-rewards, pump a little and sell with huge profit. Other coins in wallets doing final pos-mining before buyers understands that this was a good f.ck of their money.
That was a good plan. Maybe the best after/with doge. Doge huge marketcap was planned too. It's easy to calc. We have minimal price of 0.00000001 (btc/ltc/xpm). What we need to do to make good price for coins? Big block reward, so even minimal price of 0.00000001 will make a good income. But doge price was much more than 0.00000001. LOL

[meta.p02]

Question: Can we still use the old client until the 8th, or will it be kicked out after New Year's Day? If it can still be used, I'm going to stake more.

[frambelicious]

Question: Can we still use the old client until the 8th, or will it be kicked out after New Year's Day? If it can still be used, I'm going to stake more.

Additional question: can someone please post a good node to synchronize the block chain? addnode=andarazoroflove.org as mentioned previously in this thread ain't working...