KurtLumpio
Newbie
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Activity: 1
Merit: 0
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March 06, 2014, 07:48:46 PM |
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Donated 0.015 BTC for hopefully buying our way into an exchange one day. Also sent 50k SOL to SoFund.
Done my bit.
YOU! Do yours!
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fearisfearless
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March 07, 2014, 04:48:57 AM |
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Can someone please help me understand the "unlimited" supply of Solcoins? For some reason, that sounds like a really bad idea. Please enlighten me on why this is a 1. a good idea and 2. good for the longevity of the coin? Thanks!
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Solcoin Project (OP)
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March 07, 2014, 03:52:31 PM |
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Donated 0.015 BTC for hopefully buying our way into an exchange one day. Also sent 50k SOL to SoFund.
Done my bit.
YOU! Do yours!
Appreciated!
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Solcoin Project (OP)
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March 07, 2014, 04:46:04 PM Last edit: March 07, 2014, 06:10:21 PM by Solcoin Project |
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Can someone please help me understand the "unlimited" supply of Solcoins? For some reason, that sounds like a really bad idea. Please enlighten me on why this is a 1. a good idea and 2. good for the longevity of the coin? Thanks!
The scenario is more complex than often described (the confusion between monetary inflation and price inflation f.e., which is a separate topic) and some of it is speculation as you can never foresee the future value or popularity of any currency, but... the main point with an unlimited (but slow) supply is to avoid monetary deflation due to the inevitable reality of lost currency as people will slowly forget or lose their wallets (or worse, as in the case of Bitcoin, where massive quantities have been seized and unlikely to ever be released again). With current settings, assuming the currency doesn't fall into complete obscurity, it will take around 9 years for Solcoin to reach its initial planned maximum of ~696 million coins, and at that point Solcoin will already have been on the "service floor" of 27 coins per block for 4.5 years which should be enough to settle its presumed value based on a nominal supply of a mere 27 coins every 3 minutes. This also means that the number of coins in active circulation MIGHT end up less than the ~696 million planned.
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wan570331
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Activity: 46
Merit: 0
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March 08, 2014, 01:00:13 PM |
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SolWallet News:
We will delay to release the alpha version SolWallet before block 25000. Because It still some bugs not to solve. Not the old wallet and RPC connect problem. The PRC connection is OK and dev team wallet is very stable(we tested all of that). It is our UI issues, some functions not incorrect action.
We apologize this delay. And estimate new release date before block 30000.
2014-03-08 WAN Team.
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Solcoin Project (OP)
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March 10, 2014, 09:08:52 PM Last edit: March 10, 2014, 11:56:40 PM by Solcoin Project |
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tabnk
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March 13, 2014, 03:35:35 PM |
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VOTED !!!!!!!!!!!!
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sq
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March 15, 2014, 06:34:32 AM |
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rew74dse
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Activity: 14
Merit: 0
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March 15, 2014, 06:39:10 AM |
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Good
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roundrobin
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March 17, 2014, 07:07:13 PM |
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dead?
no doesn't look like dead, three nodes are running and blockchain keeps growing. Was only 2 nodes some week ago so the devs have expanded. But still no exchange has introduced Solcoin, that part goes slow.
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LTC: Lbha3tRmE75oHfF4SjSKpxVK2fY9PxrPUX VTC: VguAuTdGRcQzihEgrJDYPYUuugGMMGFCNn FTC: 6fVWQ3eHhhgH1haqThQbxTFV8XjrqyuKY2 SOL: 8X6dLCY8MeZ6RNdBxzYQkd5kxWj8VVPJmL DOGE: DMBQta9ME9cWnRPVXtEbi57CDk1uNpwzSh
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minecrew
Full Member
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Activity: 224
Merit: 100
MineCrew
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March 18, 2014, 05:34:29 PM |
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R.I.P. SolCoin.
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Solcoin Project (OP)
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March 18, 2014, 11:23:05 PM |
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R.I.P. SolCoin. If you see the nodes running the coin is not dead, and we have no plans on shutting the nodes down or stop putting fixes into the software. We understand that people are restless and impatient and want to "dump" and try cash out, we understand that the exchange intro is taking long time, but we can't force Cryptsy etc. to introduce Solcoin to their markets - they do it when they feel the currency enjoys enough popularity or when they are paid a lump sum.
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tabnk
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March 19, 2014, 12:42:53 PM |
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SUPPORT !!!!!!!!!!!
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Nthused
Legendary
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Activity: 1554
Merit: 1001
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March 19, 2014, 12:46:46 PM |
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Selling 2k SOL !
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minecrew
Full Member
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Activity: 224
Merit: 100
MineCrew
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March 19, 2014, 11:05:08 PM |
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R.I.P. SolCoin. If you see the nodes running the coin is not dead, and we have no plans on shutting the nodes down or stop putting fixes into the software. We understand that people are restless and impatient and want to "dump" and try cash out, we understand that the exchange intro is taking long time, but we can't force Cryptsy etc. to introduce Solcoin to their markets - they do it when they feel the currency enjoys enough popularity or when they are paid a lump sum. Wake up! It's 20th march now. Coin was released at 7th january. More then 2 months passed. No movement from this point. You think, that somebody will believe, that this coin worth something? LOL.
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