silencesilence
Legendary
Offline
Activity: 1120
Merit: 1000
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March 07, 2014, 09:12:16 PM |
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Proposes to create a new wallet and do reduce AWARD half after 3 months
BECAUSE
there is too much inflation in SMARTCOIN
1 month = 5 000 000 coin
6 months = 30 million / total 52 million /
6 months after award halves
which means that the next six months will dig
6-12 month = 15 million
i.e. the first year total
30 000 000 / of the first 6 months / + 15 million / second of six months / = 45 million / 1 year /
i.e. for 1 year will run almost all the coins ....?
________________________
will stop inflation and will enable everyone who want to join and to mining before three months have passed .... it will not happen suddenly and is publicly and will happen after 2 months of block 200 000 _______________________
let the public to vote on whether to introduce a new wallet and reduce by half the prize of three months
What do you think
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jpinconline
Newbie
Offline
Activity: 54
Merit: 0
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March 07, 2014, 09:51:29 PM |
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Proposes to create a new wallet and do reduce AWARD half after 3 months
BECAUSE
there is too much inflation in SMARTCOIN
1 month = 5 000 000 coin
6 months = 30 million / total 52 million /
6 months after award halves
which means that the next six months will dig
6-12 month = 15 million
i.e. the first year total
30 000 000 / of the first 6 months / + 15 million / second of six months / = 45 million / 1 year /
i.e. for 1 year will run almost all the coins ....?
________________________
will stop inflation and will enable everyone who want to join and to mining before three months have passed .... it will not happen suddenly and is publicly and will happen after 2 months of block 200 000 _______________________
let the public to vote on whether to introduce a new wallet and reduce by half the prize of three months
What do you think
Its an interesting idea but would only benefit early adopters and would cause newcomers to have no confidence in smartcoin.
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smokim87
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March 07, 2014, 10:03:26 PM |
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Proposes to create a new wallet and do reduce AWARD half after 3 months
BECAUSE
there is too much inflation in SMARTCOIN
1 month = 5 000 000 coin
6 months = 30 million / total 52 million /
6 months after award halves
which means that the next six months will dig
6-12 month = 15 million
i.e. the first year total
30 000 000 / of the first 6 months / + 15 million / second of six months / = 45 million / 1 year /
i.e. for 1 year will run almost all the coins ....?
________________________
will stop inflation and will enable everyone who want to join and to mining before three months have passed .... it will not happen suddenly and is publicly and will happen after 2 months of block 200 000 _______________________
let the public to vote on whether to introduce a new wallet and reduce by half the prize of three months
What do you think
I also notice that too, I've been watching the block explorer for the past few weeks and the amount of SMC is increasing extremely fast. Making it 2-3 months wouldn't hurt. It would help push SMC value up. As reward halves sooner, amount of SMC mined starts to slow demand and being that its harder to mine, people will just buy SMC as its cheaper and hence pushing the value up making mining profitable again. Maybe we can vote on it?
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metstijl
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March 08, 2014, 12:27:04 AM |
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To the one who is buying 1 btc at 0.00001 : Please buy more at that price , the more coins there are in good hands the intenser the upcomming pump will be. Dev got 5 btc , I hope he will add some buy orders at the same price , nobody gonna sell at that low price only miners who doesnt care.
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OMLin
Newbie
Offline
Activity: 28
Merit: 0
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March 08, 2014, 03:10:25 AM |
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SMC is №7 go go go Vote From... new acounts You can vote from your computer from the computer to your friend from your phone from phone to a friend but... with different accounts different IP SMC is №6 go go go Now, SMC is №4 keep voting! go go go!
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smartcoin (OP)
Member
Offline
Activity: 112
Merit: 10
smartcoin.io
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March 08, 2014, 03:32:24 AM |
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Proposes to create a new wallet and do reduce AWARD half after 3 months
BECAUSE
there is too much inflation in SMARTCOIN
1 month = 5 000 000 coin
6 months = 30 million / total 52 million /
6 months after award halves
which means that the next six months will dig
6-12 month = 15 million
i.e. the first year total
30 000 000 / of the first 6 months / + 15 million / second of six months / = 45 million / 1 year /
i.e. for 1 year will run almost all the coins ....?
________________________
will stop inflation and will enable everyone who want to join and to mining before three months have passed .... it will not happen suddenly and is publicly and will happen after 2 months of block 200 000 _______________________
let the public to vote on whether to introduce a new wallet and reduce by half the prize of three months
What do you think
I also notice that too, I've been watching the block explorer for the past few weeks and the amount of SMC is increasing extremely fast. Making it 2-3 months wouldn't hurt. It would help push SMC value up. As reward halves sooner, amount of SMC mined starts to slow demand and being that its harder to mine, people will just buy SMC as its cheaper and hence pushing the value up making mining profitable again. Maybe we can vote on it? A block halving would not mean a price increase, if not, definitely not as fast as you may expect. What you can instantly expect is a huge drop in hash rate and the difficulty, making it extremely easy to perform blockchain attacks and other malicious things. Desperately halving the block rewards will only show how impatient and incapable we are in raising the price naturally. Despite this, I'm still open to a vote.
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smartcoin (OP)
Member
Offline
Activity: 112
Merit: 10
smartcoin.io
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March 08, 2014, 04:51:49 AM |
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Welcome and thank you for supporting the network!
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rappercn
Newbie
Offline
Activity: 28
Merit: 0
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March 08, 2014, 05:50:26 AM |
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You must have about 200k+ smc, You will be rich
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smartcoin (OP)
Member
Offline
Activity: 112
Merit: 10
smartcoin.io
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March 08, 2014, 06:20:29 AM Last edit: March 08, 2014, 07:56:49 AM by smartcoin |
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Could our community be any more awesome?
We're closing in on the top 3 for the BTER poll (vote here).
We just got beat by Vertcoin on the BTC38 poll, let's show Coinye who's boss! (vote here)
We just took Vertcoin, Coinye is still claiming #1.
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smokim87
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March 08, 2014, 08:11:28 AM |
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Good jobs people, I'm am quite impressed with the amount of votes SMC has got already. This is also a great way to market Smartcoin too. We will explode when are fellow Chinese people hear about smartcoin.
Keep the voting, will keep on getting friends to vote.
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vanderploeg
Newbie
Offline
Activity: 13
Merit: 0
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March 08, 2014, 08:57:56 AM |
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coinye, coin2 and particle are the ones we need to blow away.
Use everything we got guys , we can do this !
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tbturner47
Newbie
Offline
Activity: 15
Merit: 0
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March 08, 2014, 10:27:48 AM |
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We're number 2 in the poll!! Great publicity from this as well
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smokim87
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March 08, 2014, 12:07:28 PM |
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Proposes to create a new wallet and do reduce AWARD half after 3 months
BECAUSE
there is too much inflation in SMARTCOIN
1 month = 5 000 000 coin
6 months = 30 million / total 52 million /
6 months after award halves
which means that the next six months will dig
6-12 month = 15 million
i.e. the first year total
30 000 000 / of the first 6 months / + 15 million / second of six months / = 45 million / 1 year /
i.e. for 1 year will run almost all the coins ....?
________________________
will stop inflation and will enable everyone who want to join and to mining before three months have passed .... it will not happen suddenly and is publicly and will happen after 2 months of block 200 000 _______________________
let the public to vote on whether to introduce a new wallet and reduce by half the prize of three months
What do you think
I also notice that too, I've been watching the block explorer for the past few weeks and the amount of SMC is increasing extremely fast. Making it 2-3 months wouldn't hurt. It would help push SMC value up. As reward halves sooner, amount of SMC mined starts to slow demand and being that its harder to mine, people will just buy SMC as its cheaper and hence pushing the value up making mining profitable again. Maybe we can vote on it? A block halving would not mean a price increase, if not, definitely not as fast as you may expect. What you can instantly expect is a huge drop in hash rate and the difficulty, making it extremely easy to perform blockchain attacks and other malicious things. Desperately halving the block rewards will only show how impatient and incapable we are in raising the price naturally. Despite this, I'm still open to a vote. You do make a good point, I've notice theres way too much SMC being generated in a short time. Another way around this, instead of changing the block reward and halving maybe change the block time from 40 seconds to 2 minutes or somewhere you think would be suitable? Anyone care to comment please.
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markonegolf
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March 08, 2014, 12:15:23 PM |
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What about gradually stepping down the reduction in block rewards? Say 2/3 as opposed to halving it? That way miners might not flee so fast and the difficulty might remain more stable?
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"Pass the Flutter" - FSpxENdbsdAUSBzMpo7gCHGjyXS8k3Fi4p
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leigh2k14
Legendary
Offline
Activity: 1288
Merit: 1000
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March 08, 2014, 12:35:28 PM |
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I actually believe in SMC, I'm gonna hold, even if the value goes all the way down to ZERO!
Gimme death or gimme glory!
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BTec Co-ally
Newbie
Offline
Activity: 19
Merit: 0
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March 08, 2014, 01:20:40 PM Last edit: March 08, 2014, 02:01:48 PM by BTec Co-ally |
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I am regular visitor on this site + thread, and loyal Smc miner/bag holder.. Also i consider my self a doer/thinker and i understand that to make this thang alive Smc community should bring something to the table. I personally miss the experience where smc was worth 0.0003 Btc or 0.04 USD. Each and every one of us should show a little support in order for our Dev and our time dedicated to Smc to work out in the long run. So here i am i can offer two things I have two top class Dj`s holding residencies in (location UK-untitled) (non geeks) on board here. So i believe i could get them to list music samples under 1 min and sell full top class remixes at best quality available for small profit. That is no.1Although i have more less no idea on how to work around website i have done small amount of research and think this guy could get the job done. - https://www.zulius.com/#skills Or may be someone from smc comunity could bring theyre experience here and help me out!? With open source being like magic and some one `Smc Smart-SMCS` who knows how its done things can be achieved. I jus came up with SMCS when writing this lol sounds cool So if any one is able to work around this sample listed bellow please don't hesistate and contact me for further deatails. https://www.coindl.com/page/category/music No.2 is underway. I contacted support trough website i understand this is weekend and so i carry on waiting for reply.
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BTec Co-ally
Newbie
Offline
Activity: 19
Merit: 0
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March 08, 2014, 01:32:36 PM |
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Proposes to create a new wallet and do reduce AWARD half after 3 months
BECAUSE
there is too much inflation in SMARTCOIN
1 month = 5 000 000 coin
6 months = 30 million / total 52 million /
6 months after award halves
which means that the next six months will dig
6-12 month = 15 million
i.e. the first year total
30 000 000 / of the first 6 months / + 15 million / second of six months / = 45 million / 1 year /
i.e. for 1 year will run almost all the coins ....?
________________________
will stop inflation and will enable everyone who want to join and to mining before three months have passed .... it will not happen suddenly and is publicly and will happen after 2 months of block 200 000 _______________________
let the public to vote on whether to introduce a new wallet and reduce by half the prize of three months
What do you think
I also notice that too, I've been watching the block explorer for the past few weeks and the amount of SMC is increasing extremely fast. Making it 2-3 months wouldn't hurt. It would help push SMC value up. As reward halves sooner, amount of SMC mined starts to slow demand and being that its harder to mine, people will just buy SMC as its cheaper and hence pushing the value up making mining profitable again. Maybe we can vote on it? A block halving would not mean a price increase, if not, definitely not as fast as you may expect. What you can instantly expect is a huge drop in hash rate and the difficulty, making it extremely easy to perform blockchain attacks and other malicious things. Desperately halving the block rewards will only show how impatient and incapable we are in raising the price naturally. Despite this, I'm still open to a vote. You do make a good point, I've notice theres way too much SMC being generated in a short time. Another way around this, instead of changing the block reward and halving maybe change the block time from 40 seconds to 2 minutes or somewhere you think would be suitable? Anyone care to comment please. I like what i see so I suggest we leave the diff alone.
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metstijl
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March 08, 2014, 02:34:57 PM |
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Hahahah you motherfucker I monitored you all the time
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mediasos
Newbie
Offline
Activity: 16
Merit: 0
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March 08, 2014, 02:38:04 PM |
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888(12,8%) votes for BTC38.com??
GO GO GO SMARTCOIN, ASIAN PEOPLE WAITING FOR YA!!!
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