[CENT] Pennies launched

[meta.p02]

The PoW reward is 1 CENT, the money supply is tens of trillions... we need to raise PoW reward to say 100K or 1M, or switch to PoS entirely

[Stultiloquy]

http://s7.directupload.net/images/131231/ybmoaaxw.jpg

[Peacefrog]

I have about 2 billion of these. im still pondering whether to grab more or stick with what i got lol. I expect once bter opens up deposits the price on there will plummet, at least for a short while

[barwizi]

Split your eggs unless you will lose too much if it doesnt work out. If you have 200 billion, split it in half, sell 100 and keep 100 past the 8th , if once people realise that the stake is massively reduced people may buy more. Also i am holding onto half a trillion, maybe it will be a trillion when time runs out, with it i will stake a billion every time. so i'll just keep selling my billions

[bg6471]

No more stack x 10 after 8 Jan.
For each 10000 Cents you will get only 1 one after 8 Jan.
No more trillions Cents for free.

Of course
After Jan 8 CENT will start its journey.
Everyone who is selling now in .00000001 LTC each and .00000001 XPM each are going to cry.

Im crying already now that I bought 4 500 000 000 Of them at .00000002 XPM

may be you'll be happier 9 Jan ))

can anyone explain exactly what will happen after that 9th january?

It will happen 8 January. POS will be fixed to lower reward. So it will be more difficult to get money by POS mining. Miners will send less CENTS to exchange. So price should be grow up.

At this point no exchange is taking deposits. Hope that changes after the fix.

Cryptsy still seems to be taking deposits... is it not working?

[undeadbitcoiner]

No more stack x 10 after 8 Jan.
For each 10000 Cents you will get only 1 one after 8 Jan.
No more trillions Cents for free.

Of course
After Jan 8 CENT will start its journey.
Everyone who is selling now in .00000001 LTC each and .00000001 XPM each are going to cry.

Im crying already now that I bought 4 500 000 000 Of them at .00000002 XPM

may be you'll be happier 9 Jan ))

can anyone explain exactly what will happen after that 9th january?

It will happen 8 January. POS will be fixed to lower reward. So it will be more difficult to get money by POS mining. Miners will send less CENTS to exchange. So price should be grow up.

At this point no exchange is taking deposits. Hope that changes after the fix.

Cryptsy still seems to be taking deposits... is it not working?

Cryptsy is still taking deposit
After jan 8 it will be hard to get CENTs and price will go up.
we want to see price in its back form.

good luck

[cisengineer]

At this point no exchange is taking deposits. Hope that changes after the fix.

Cryptsy still seems to be taking deposits... is it not working?

Cryptsy is delisting the coin in a matter of hours. Why deposit there?

[Peacefrog]

Cent/XPM market is still open so it will still be traded

[bg6471]

Cent/XPM market is still open so it will still be traded

Correct, it is silly to trade CENT/LTC at the moment anyway which is probably why it's being closed

It is pointless having a market trading at 0.00000001 LTC when you can pay 0.00000001 XPM for the same coin. I've already made that mistake

[barwizi]

if you are smart, you'd notice that the sel at 0.0...1 is almost gone, next is the one at 0.00..2 if you guys dont dump on us.

[badger_hunter]

Cent  just  went to  0.00000002  on  crypsty       shes coming back to life,

[bg6471]

if you are smart, you'd notice that the sel at 0.0...1 is almost gone, next is the one at 0.00..2 if you guys dont dump on us.

well I'm smart, but was busy and missed it. new years celebrations!
A Happy New Year for CENT!

NOT DUMPING!!!

[meta.p02]

I sold just over a billion CENT for 0.00000001  ... thankfully I still have several billion left, and they'll be worth huge in a few days

[Aur3]

You guys with so billions in your wallets could make some give aways. That would be great for the price of penny

[BTCat]

How about pairing all altcoins with CENT, that would be fun 

[meta.p02]

You guys with so billions in your wallets could make some give aways. That would be great for the price of penny

Come Jan 8, we need to organise some giveaways. (plus it improves network security - delocalise PoS minting)

[Mortimer452]

Cent  just  went to  0.00000002  on  crypsty       shes coming back to life,

I agree this is good, but I'm a little concerned about what is going to happen tonight when the XPM/LTC market closes on Cryptsy.  There are at least a couple TRILLION CENTs tied up in sell orders on the LTC market, I'm afraid this will devastate the XPM market by morning.

[BTCat]

Time to buy a few hundred Billions of Pennies [CENT]

[meta.p02]

Cent  just  went to  0.00000002  on  crypsty       shes coming back to life,

I agree this is good, but I'm a little concerned about what is going to happen tonight when the XPM/LTC market closes on Cryptsy.  There are at least a couple TRILLION CENTs tied up in sell orders on the LTC market, I'm afraid this will devastate the XPM market by morning.

The day after the collapse of the last wall, I placed a sell order behind nearly a trillion CENT - it was filled completely within 48 hours. This shows that there is still a lot of buy interest in this. Of course, if most of the CENT/LTC people decide to sell at 0.00000001, people may see no more prospects for rise, and buy interest would fall... which would be very bad.

[JimmyCoin]

buying all cent on cryptsy at 0.00000001