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Author Topic: ••• [ANN][SMC] SmartCoin • KGW • Cryptsy • Reduced Block Rewards • Update your wallets • 10 EXCHANGE  (Read 298751 times)
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metstijl
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March 16, 2014, 06:40:53 PM
 #4741

If you want a rise the dev should make this coin special. (like a coinmixer atleast..)
If not this coin will go down to 1 satoshi. New 2gen coins are launched every week.
We were just launched 2 months to late to get a pump.
Now this coin is nothing more then a copy past shitcoin.
I still have all my smc but I dont think it will succeed without something fresh/new and allot of stores. And I dont even watch the market anymore because I'm mentally over about my loss on smc.
I dont have hope anymore.
Dev is just sittin on he's balls doing nothing.

Other coins have a whole dev team..

Selling isnt an option anymore.
Just move on with your lives.
shit happens..

Antebellum
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March 16, 2014, 06:41:28 PM
 #4742

The reason you see all of these people selling is not because they're doing it on purpose, their mining and using Cryptsy's auto sell feature. Most likely this is a multipool who has mined a few blocks and offloads them at a little bit above market price.

So, the only way to avert them from driving down the price, you'd have to have buy orders near the lowest sell order, and enough to cover it as well.

This price is meaningless at the moment, no sensible investor would be selling at these prices (except lunatics), we just have a large miner problem.

I could buy up all of the orders all the way up to I guess 4000, but that means absolutely nothing. I wouldn't have any more BTC at all to support that price. I know this because I have done this on several occasions, with several BTC at a time, only at a lot higher prices.

Also, only insane people would sell at the 100-200 satoshi range, so it will never reach that 8 million buy. No one would even sell that much anyways. (No suicide today silencesilence).

Anymore concret thoughts about atleast halvening block rewards? will help more against dumping the price so easily because the volume is so low. and take away a bit of momentum for the multipools at the moment. (less coins means less profit until the price rises, when it does gives everyone else a chance on jumping on the ship aswell rising diff more meaning more spread on coin holders and more interest in bying and selling better balance, and bigger volumes, and easier to keep prices up)

metstijl
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March 16, 2014, 06:46:21 PM
 #4743

Just invest some in btc / darkcoin atm.
Antebellum
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March 16, 2014, 06:47:14 PM
 #4744

well all altcoins going bad at the moment, not only Smc, seems like most has fleed to "safe" investments like Litecoin at the moment?

Litecoin diff:
Difficulty earlier today: 4711.4532
Current Difficulty   5162.39593538
Estimated Next Difficulty   5552.34 in 67.26 Hours

metstijl
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March 16, 2014, 06:48:51 PM
 #4745

well all altcoins going bad at the moment, not only Smc, seems like most has fleed to "safe" investments like Litecoin at the moment?

Litecoin diff:
Difficulty earlier today: 4711.4532
Current Difficulty   5162.39593538
Estimated Next Difficulty   5552.34 in 67.26 Hours

You are pretty retarded. Only 2gen coin and 50% pre mine scamcoin will get pumped in a bearish overal market.
Like darkcoin,black coin..

Even this coin deserves at least 300k total market cap.
But hey .. everyone like atomatic handjob sold...

You can only 'save' this by editing the block reward.. and coding some fucking stores or even an usd/smc exchange.
I think this coin is just a  coingen coin with no future plans. All talk , no rise. many dump wow
And nobody is trying to get the market down. Multipool dump this shitcoinn and there is no volume , nobody wants this coin.. Its a fact.
Symbiont
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March 16, 2014, 06:53:25 PM
 #4746

Anymore concret thoughts about atleast halvening block rewards?

I would like to see something like that! Maybe we can start a poll?!
smartcoin (OP)
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March 16, 2014, 06:59:00 PM
 #4747

Anymore concret thoughts about atleast halvening block rewards?

I would like to see something like that! Maybe we can start a poll?!

I don't think I can start a poll in the main thread. I will open a new thread and post here.

Symbiont
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March 16, 2014, 06:59:11 PM
 #4748

well all altcoins going bad at the moment, not only Smc, seems like most has fleed to "safe" investments like Litecoin at the moment?

Litecoin diff:
Difficulty earlier today: 4711.4532
Current Difficulty   5162.39593538
Estimated Next Difficulty   5552.34 in 67.26 Hours

You are pretty retarded. Only 2gen coin and 50% pre mine scamcoin will get pumped in a bearish overal market.
Like darkcoin,black coin..

Even this coin deserves at least 300k total market cap.
But hey .. everyone like atomatic handjob sold...

You can only 'save' this by editing the block reward.. and coding some fucking stores or even an usd/smc exchange.
I think this coin is just a  coingen coin with no future plans. All talk , no rise. many dump wow
And nobody is trying to get the market down. Multipool dump this shitcoinn and there is no volume , nobody wants this coin.. Its a fact.

Bla, bla, bla...

I don´t give a shit on your opinion - you are just a troll.

I just bought 15000 more SMC and will buy even more the next hours.
Symbiont
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March 16, 2014, 06:59:45 PM
 #4749

Anymore concret thoughts about atleast halvening block rewards?

I would like to see something like that! Maybe we can start a poll?!

I don't think I can start a poll in the main thread. I will open a new thread and post here.

Ok. Let´s do it!
silencesilence
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March 16, 2014, 07:00:59 PM
 #4750

Do not worry  Grin
not the end of my life because of a few thousand dollars / few BTC /

But we have 1 month to do nothing that coin .... yes we all just sit back and watch what happens
has code changes and reward already all agree with this

In this industry constantly entering new people with money, and that he would make any changes will be for the general good

I'm sure we do not have a whale from the future and he is not coming - it's been two months

I want some to pump this coin to the moon and all who sold them a headache
smartcoin (OP)
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March 16, 2014, 07:09:25 PM
 #4751

https://bitcointalk.org/index.php?topic=518473.0

Beunhaas1eklas
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March 16, 2014, 07:25:22 PM
 #4752

Anybody who thinks of suicide because of losing money is out of their mind. There is so much more to life than money.. find yourself a passion like a sport, or think of all the people you love and who love you, get out into nature and leave your computer screen.

Now about smartcoin.. If crypto's become mainstream we have a very strong name and branding, however to ever become succesfull we will need to distinguish ourself from the rest of the coins. If scrypt-asics become available miners can destroy this coin even more. We need to figure out a way to use this coin without depending on miners, maybe changing the block reward is a good start. Also a team behind the coin would be a good idea, maybe start a smartcoin forum and ask people for smart ideas for coin development and offer bounties in smartcoin for the development. One developer can't possible beat whole teams of developers.

Maybe scrypt will be proven useless after all, and then were stuck with a algorithm of the past.. who knows. I don't think it's possible to change the algorithm? Anyway if you like this coin and want it to become succesfull start thinking and do some work yourself instead of waiting for some whale to come along and pump it.
jpinconline
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March 16, 2014, 08:05:46 PM
 #4753

As we start seriously discussing reducing the mining reward, now might be the best chance we ever have to buy in. I am putting what little scraps of btc I have to get as much as possible. If the believers here help pump the coin a bit before the mining adjustment, it will make the transition easier.
silencesilence
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March 16, 2014, 08:50:46 PM
 #4754

As we start seriously discussing reducing the mining reward, now might be the best chance we ever have to buy in. I am putting what little scraps of btc I have to get as much as possible. If the believers here help pump the coin a bit before the mining adjustment, it will make the transition easier.

we are all with strong hands ... I'm not sold a single coin ... and I bought ... not much / we still have almost 7 million coins in circulation / but for me a lot, what I I have invested

If you redeem all as many coins just after six months if the prize falls from 16 to 8 ... it's just ... in the autumn when it is expected the new big pump at BTC .... we can revive this coin .. Pick up Is the price more miners will come to us ... the coin will be in more hands and not depend on 1 or 2 multipools

I really have no more BTC, but I will try to find some money to buy BTC and turned into smart coin

because I do not plan to sell in the near future because I have a strong hand - or all.... or nothing - that's what I think

rmines
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March 16, 2014, 08:53:21 PM
 #4755

Haven't read anything from the dev for a while, anyone know what happened?
He hasn't abandoned this coin now or has he?

♔ PrimeDice : The Premier Bitcoin Gambling Experience @PrimeDice
Spare some change? 1LkqfvQTLAEiiCwTqkPRcvUdEmkCR11QDE
Antebellum
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March 16, 2014, 09:04:10 PM
 #4756

Haven't read anything from the dev for a while, anyone know what happened?
He hasn't abandoned this coin now or has he?

no no, answered in this thread as late as of today, still going strong! Smiley Smc will be teh future coin to be! if it will be tomoroow or next year plays less importance. . 

jiapetz
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March 16, 2014, 09:21:38 PM
 #4757

Perfect time to buy in for those of you who don't have much invested, or aren't invested.

0.5btc doubles the price level, and been seeing slow activity/flatlining...so we could be expecting it being twitter pumped soon.

Could use it as an opportunity to dump bags, and get back in cheaper after the pump finishes, as sorta a way for everyone to recuperate some losses.

silencesilence
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March 16, 2014, 09:38:14 PM
 #4758

what you think
to collect some money and do the advertising before starting the change wallet ....

This operator can be done by SMARTCOIN Foundation
Crypto Whale
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March 16, 2014, 09:51:02 PM
 #4759

Perfect time to buy in for those of you who don't have much invested, or aren't invested.

0.5btc doubles the price level, and been seeing slow activity/flatlining...so we could be expecting it being twitter pumped soon.

Could use it as an opportunity to dump bags, and get back in cheaper after the pump finishes, as sorta a way for everyone to recuperate some losses.



I agree! I just bought some more time to start investing !
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March 16, 2014, 10:27:46 PM
 #4760

LET´S VOTE:



In my opinion we should alter the block halving time as well. I would recommend a change to 16 SMC and 18 month bock halving time:

Maybe we would change it at block 111.000 for example:

Block 1: 400,000 SMC
Block 2-999: 1 SMC = 998 SMC
Block 1000-110,999: 64 SMC = 7,039,936 SMC

in total = 7,440,934 SMC (2 month)

next 400,000 blocks (+6 month) x 32 SMC = +12,800,000 SMC

in total = 20,240,934 SMC (8 month)

next 400,000 blocks (+6 month) x 16 SMC = +6,400,000 SMC

in total = 26,640,934 SMC (14 month)

next 400,000 blocks (+6 month) x 8 SMC = +3,200,000 SMC

in total = 29,840,934 SMC (20 month)

next 400,000 blocks (+6 month) x 4 SMC = +1,600,000 SMC

in total = 31,440,934 SMC (26 month)

next 400,000 blocks (+6 month) x 2 SMC = +800,000 SMC

in total = 32,240,934 SMC (32 month)

next 400,000 blocks (+6 month) x 1 SMC = +400,000 SMC

in total = 32,640,934 SMC (38 month)

... this will last forever


Let´s see how BTC is doing it:

50 BTC every 10 minutes = 144 block x 50 BTC per day = 7,200 BTC per day = 0,00034285714% of all BTC per day

Let´s see what this will be for SMC:

0,00034285714 x 51,200,000 = 17,555 SMC per day / 2,160 blocks = 8,13 SMC reward per block!!!


BTC block halving every 210,000 blocks = 4 years


My 2 cents are:

Let´s have 2x the BTC reward (=16 SMC) and 18 month halving time.



in total = 7,440,934 SMC (2 month)

next 1,200,000 blocks (+18 month) x 16 SMC = +19,200,000 SMC

in total = 26,640,934 SMC (20 month)

next 1,200,000 blocks (+18 month) x 8 SMC = + 9,600,000 SMC

in total = 36,240,934 SMC (38 month)

next 1,200,000 blocks (+18 month) x 4 SMC = + 4,800,000 SMC

in total = 41,040,934 SMC (56 month)

next 1,200,000 blocks (+18 month) x 2 SMC = + 2,400,000 SMC

in total = 43,440,934 SMC (74 month)

next 1,200,000 blocks (+18 month) x 1 SMC = + 1,200,000 SMC

in total = 44,640,934 SMC (92 month)

...

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