coinflow
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August 17, 2014, 05:33:12 PM |
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Its curious but, now the moment with more reward, the people wants to buy more instead of selling or going down more the price.
coinflow, how much coins you have?
Quite some and still collecting - mostly by mining.
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"You Asked For Change, We Gave You Coins" -- casascius
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Wekkel
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Activity: 3108
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yes
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August 17, 2014, 06:22:37 PM |
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Its curious but, now the moment with more reward, the people wants to buy more instead of selling or going down more the price.
Yeah, that is interesting. Still not lured to buy some though. Must hit rock bottom first.
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coinflow
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August 17, 2014, 06:35:49 PM |
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Its curious but, now the moment with more reward, the people wants to buy more instead of selling or going down more the price.
Yeah, that is interesting. Still not lured to buy some though. Must hit rock bottom first. Do you think it will go lower than 3 Litoshi? I'm really not so sure. If so, why?
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secbul
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August 17, 2014, 06:40:29 PM |
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From the initial posting in this thread by the dev: "Max coins: 384,400,000,000 MOON (yes, billion!)" This is, because the distance of the Moon from the Earth is ~384,400 km and for every millimeter there will be one Mooncoin.
Edit: Typos and inserted link above to show again that we still have to solve ~7,000 blocks to get to the serious dropping of the rewards from 2,519,841 per block to ~500,000 (from block 203,158) and shortly thereafter to ~300,000 (from block 203,519 on).
From now to 175 days later THAN 28.349.760 coin per day to reach 384 B from 179 B will take 7320 days ~ 20 years. Only the first year is FAST production and we ended already ~%80 of it. In next few days production will be slower then again slower and much slower. First will/can be around 21 August.. SO. Lets talk today. 480.000.000 coin production / per day (in next few days it will be slower) If goes to all sell at 4 litoshi. 19.2 LTC per day needed (BUY SUPPORT) now to NOT TO LOST 4 litoshi at buy point. So with a nice math we UNDERSTAND that after 175 days this will be only 1.2 LTC SO prices CAN EASLY GO to 16 X to cover that SLOW production. That makes 64 Litoshi. 0.00000064So we will just wait and see.
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MadGhost
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★777Coin.com★ Fun BTC Casino!
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August 17, 2014, 06:43:32 PM |
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Its curious but, now the moment with more reward, the people wants to buy more instead of selling or going down more the price.
Yeah, that is interesting. Still not lured to buy some though. Must hit rock bottom first. Do you think it will go lower than 3 Litoshi? I'm really not so sure. If so, why? there is a chance that it will go below 3 Litoshi as long as there is no buy support for this coin.
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coinflow
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Activity: 840
Merit: 1000
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August 17, 2014, 06:52:30 PM |
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From the initial posting in this thread by the dev: "Max coins: 384,400,000,000 MOON (yes, billion!)" This is, because the distance of the Moon from the Earth is ~384,400 km and for every millimeter there will be one Mooncoin.
Edit: Typos and inserted link above to show again that we still have to solve ~7,000 blocks to get to the serious dropping of the rewards from 2,519,841 per block to ~500,000 (from block 203,158) and shortly thereafter to ~300,000 (from block 203,519 on).
From now to 175 days later THAN 28.349.760 coin per day to reach 384 B from 179 B will take 7320 days ~ 20 years. Only the first year is FAST production and we ended already ~%80 of it. In next few days production will be slower then again slower and much slower. First will/can be around 21 August.. SO. Lets talk today. 480.000.000 coin production / per day (in next few days it will be slower) If goes to all sell at 4 litoshi. 19.2 LTC per day needed (BUY SUPPORT) now to NOT TO LOST 4 litoshi at buy point. So with a nice math we UNDERSTAND that after 175 days this will be only 1.2 LTC SO prices CAN EASLY GO to 16 X to cover that SLOW production. That makes 64 Litoshi. 0.00000064So we will just wait and see. If the block-solving remains at the current speed, we will not see dropping of mining-rewards by 21st August, but later. And: Math is NOT reality ... Edit: Have you seen these nice graphics? https://bitcointalk.org/index.php?topic=389403.msg8256256#msg8256256https://bitcointalk.org/index.php?topic=389403.msg8260630#msg8260630
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Wekkel
Legendary
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Activity: 3108
Merit: 1531
yes
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August 17, 2014, 07:12:28 PM |
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Do you think it will go lower than 3 Litoshi?
I don't know. Its about my own valuation approach. Others are free to step in @4 Litoshi at the ask.
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Vlad2Vlad
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Merit: 1530
www.ixcoin.net
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August 18, 2014, 02:43:47 AM |
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Do you know that after 3000 blocks * 90 sec (form now on) = ~75 hours later production will drop sharply. What's sharply? What's the subsidy now and what will the new subsidy be? Thx.
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iXcoin - Welcome to the F U T U R E!
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virtual_miner
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August 18, 2014, 03:55:35 AM |
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Do you know that after 3000 blocks * 90 sec (form now on) = ~75 hours later production will drop sharply. What's sharply? What's the subsidy now and what will the new subsidy be? Thx. Average 500.000 per block will drop to 300.000 in ~72 hours.
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Vlad2Vlad
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Activity: 3052
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www.ixcoin.net
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August 18, 2014, 04:48:13 AM |
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Do you know that after 3000 blocks * 90 sec (form now on) = ~75 hours later production will drop sharply. What's sharply? What's the subsidy now and what will the new subsidy be? Thx. Average 500.000 per block will drop to 300.000 in ~72 hours. Man, I don't consider 40% sharp. 90% would be more like it but that's still massive inflation. That said, don't expect anything with only a 40% drop in inflation. I really can't believe the devs haven't killed the inflation yet with a simple code update. Take it down to 50,000 [or less], a 90% drop. Many coins have done it with positive effects. Cheers!
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iXcoin - Welcome to the F U T U R E!
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atp1916
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August 18, 2014, 04:52:13 AM |
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This coin! I remember its (disastrous) launch...still made some BTC off it
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virtual_miner
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August 18, 2014, 05:14:02 AM |
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Man, I don't consider 40% sharp. 90% would be more like it but that's still massive inflation.
Good news is that it is only fo 50.000 Blocks, the next one is also in very short period. ~50 days.
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patryk006
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August 18, 2014, 09:15:26 AM |
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UPDATE NEW website for our faucet:
Up to 100k MoonCoin for each dispense
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redjedievolution
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August 18, 2014, 09:33:27 AM |
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All is an illusion, there is only energy flowing
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Wekkel
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Activity: 3108
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yes
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August 18, 2014, 09:43:35 AM |
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That's 100 Litcoins, thus $4,000. Someone is seeing a bright future ahead.
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redjedievolution
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August 18, 2014, 09:47:57 AM |
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completely agree. Very good investment for next few months... because you can take TONS of them very cheap.... i love this coin i too see a very bright future.
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All is an illusion, there is only energy flowing
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coinflow
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August 18, 2014, 11:25:29 AM Last edit: August 18, 2014, 12:39:26 PM by coinflow |
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This coin! I remember its (disastrous) launch...still made some BTC off it It only seemed "disastrous", because nearly every miner on earth wanted to mine it in the first few hours. And because it only was mineable at multipool.us, their servers broke down. And then the flaming begun - especially from those miners, that had only a small machine and came through even worse to add a single hash - hence getting no Mooncoins. So the success of Mooncoin was its curse at the same time.
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coinflow
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August 18, 2014, 11:27:52 AM Last edit: August 18, 2014, 12:14:13 PM by coinflow |
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Do you know that after 3000 blocks * 90 sec (form now on) = ~75 hours later production will drop sharply. What's sharply? What's the subsidy now and what will the new subsidy be? Thx. Average 500.000 per block will drop to 300.000 in ~72 hours. At the moment we are in the Apollo-phase. Read the previous posts to get the real number of coins mined at the moment (~2.5 million/block) and the timeframe when it will go down again - which is much longer than 72hrs. Edit: billion/block to million/block
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redjedievolution
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August 18, 2014, 12:02:51 PM |
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wow! big amounts at 4 litoshi! almost 10bn
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All is an illusion, there is only energy flowing
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GrGr
Newbie
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August 18, 2014, 08:11:31 PM |
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Do you know that after 3000 blocks * 90 sec (form now on) = ~75 hours later production will drop sharply. What's sharply? What's the subsidy now and what will the new subsidy be? Thx. Average 500.000 per block will drop to 300.000 in ~72 hours. Man, I don't consider 40% sharp. 90% would be more like it but that's still massive inflation. That said, don't expect anything with only a 40% drop in inflation. I really can't believe the devs haven't killed the inflation yet with a simple code update. Take it down to 50,000 [or less], a 90% drop. Many coins have done it with positive effects. Cheers! +1 There is no strategy here.
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