danetti
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Activity: 56
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January 25, 2014, 08:06:14 PM |
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Correct me if I'm wrong:
The max. supply of this coin is 100 million coins and the starting price is 0,000145 btc which is 0,12$ - isn't this a bit overpriced??
wait until its listed at cryptsy. It will go much higher. just look at Litecoin. 80 million coins and atm 20 dollar per coin. Sure but Litecoin has got a market cap of about 578 million $ lol! Let's compare it for example with USD-E which is also a new coin with a maximum of 1,6 billion times. So it is 16 times more coins. The price skyrocket the last few days and is at the moment at a level of 0,000005 btc per coin. So if we calculate 0,000005 btc * 16 (cause USD-E is 16 times more coins) we are at a price per coin of 0,00008. Do you understand now why I mean that 0,000145 btc per coin is overpriced as a starting price? actually it started off way cheaper at other exchanges, only when it reached coinmarket.io that the price has increased a lot |
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coino.org (OP)
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January 25, 2014, 08:06:48 PM |
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Are you no longer giving points for pictures i posted one yesterday and today and didn't get any con?
We will, but we are very bussy now with this push in the Hash Rate to spreading out people to the pools. Giveaway still running! Post your funny images with the coino logo here and get 25 Coinos! |
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JulianL
Member
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Activity: 84
Merit: 10
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January 25, 2014, 08:14:09 PM |
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Correct me if I'm wrong:
The max. supply of this coin is 100 million coins and the starting price is 0,000145 btc which is 0,12$ - isn't this a bit overpriced??
wait until its listed at cryptsy. It will go much higher. just look at Litecoin. 80 million coins and atm 20 dollar per coin. Sure but Litecoin has got a market cap of about 578 million $ lol! Let's compare it for example with USD-E which is also a new coin with a maximum of 1,6 billion times. So it is 16 times more coins. The price skyrocket the last few days and is at the moment at a level of 0,000005 btc per coin. So if we calculate 0,000005 btc * 16 (cause USD-E is 16 times more coins) we are at a price per coin of 0,00008. Do you understand now why I mean that 0,000145 btc per coin is overpriced as a starting price? actually it started off way cheaper at other exchanges, only when it reached coinmarket.io that the price has increased a lot same will happen when coino reach cryptsy |
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danetti
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Activity: 56
Merit: 0
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January 25, 2014, 08:17:46 PM |
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Correct me if I'm wrong:
The max. supply of this coin is 100 million coins and the starting price is 0,000145 btc which is 0,12$ - isn't this a bit overpriced??
wait until its listed at cryptsy. It will go much higher. just look at Litecoin. 80 million coins and atm 20 dollar per coin. Sure but Litecoin has got a market cap of about 578 million $ lol! Let's compare it for example with USD-E which is also a new coin with a maximum of 1,6 billion times. So it is 16 times more coins. The price skyrocket the last few days and is at the moment at a level of 0,000005 btc per coin. So if we calculate 0,000005 btc * 16 (cause USD-E is 16 times more coins) we are at a price per coin of 0,00008. Do you understand now why I mean that 0,000145 btc per coin is overpriced as a starting price? actually it started off way cheaper at other exchanges, only when it reached coinmarket.io that the price has increased a lot same will happen when coino reach cryptsy i think so too. just wish they'd listed it a day later so i can mine more for another day  |
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hostilblazer
Newbie
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Activity: 33
Merit: 0
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January 25, 2014, 08:20:33 PM |
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Correct me if I'm wrong:
The max. supply of this coin is 100 million coins and the starting price is 0,000145 btc which is 0,12$ - isn't this a bit overpriced??
wait until its listed at cryptsy. It will go much higher. just look at Litecoin. 80 million coins and atm 20 dollar per coin. Sure but Litecoin has got a market cap of about 578 million $ lol! Let's compare it for example with USD-E which is also a new coin with a maximum of 1,6 billion times. So it is 16 times more coins. The price skyrocket the last few days and is at the moment at a level of 0,000005 btc per coin. So if we calculate 0,000005 btc * 16 (cause USD-E is 16 times more coins) we are at a price per coin of 0,00008. Do you understand now why I mean that 0,000145 btc per coin is overpriced as a starting price? actually it started off way cheaper at other exchanges, only when it reached coinmarket.io that the price has increased a lot same will happen when coino reach cryptsy i think so too. just wish they'd listed it a day later so i can mine more for another day what do you expect it to be worth if it hits cryptsy? |
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fearisfearless
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January 25, 2014, 08:29:13 PM |
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Correct me if I'm wrong:
The max. supply of this coin is 100 million coins and the starting price is 0,000145 btc which is 0,12$ - isn't this a bit overpriced??
Supply and demand....there is a supply and people are willing to buy it @ that price, so I say NOPE! :-) |
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danetti
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Activity: 56
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January 25, 2014, 08:29:46 PM |
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same will happen when coino reach cryptsy
i think so too. just wish they'd listed it a day later so i can mine more for another day what do you expect it to be worth if it hits cryptsy? i have no idea really lol but as a coin for transactions i think it is great and it seems the hashrate growth has cooled down abit  |
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JulianL
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Activity: 84
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January 25, 2014, 08:33:12 PM |
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but as a coin for transactions i think it is great
that is so true. max. time to fully confirm 50 seconds. Most times it takes only 20 seconds for the confirmation. thats just great |
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danetti
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Activity: 56
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January 25, 2014, 08:34:21 PM |
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but as a coin for transactions i think it is great
that is so true. max. time to fully confirm 50 seconds. Most times it takes only 20 seconds for the confirmation. thats just great yea. i had to wait half an hour or more for some BTC transfer yesterday, just a small amount  |
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hostilblazer
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Activity: 33
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January 25, 2014, 08:38:18 PM |
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My gt 520 cant get anything anymore  |
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danetti
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January 25, 2014, 08:42:17 PM |
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My gt 520 cant get anything anymore nvidia cards are not good for mining unfortunately :/ |
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hostilblazer
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Activity: 33
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January 25, 2014, 08:44:22 PM |
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My gt 520 cant get anything anymore nvidia cards are not good for mining unfortunately :/ yea Im going to upgrade to a 290x as soon as I can. Tigerdirect accepts bitcoin as a payment now! |
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Amph
Legendary
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Activity: 3206
Merit: 1069
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January 25, 2014, 08:45:26 PM |
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Correct me if I'm wrong:
The max. supply of this coin is 100 million coins and the starting price is 0,000145 btc which is 0,12$ - isn't this a bit overpriced??
wait until its listed at cryptsy. It will go much higher. just look at Litecoin. 80 million coins and atm 20 dollar per coin. Sure but Litecoin has got a market cap of about 578 million $ lol! Let's compare it for example with USD-E which is also a new coin with a maximum of 1,6 billion times. So it is 16 times more coins. The price skyrocket the last few days and is at the moment at a level of 0,000005 btc per coin. So if we calculate 0,000005 btc * 16 (cause USD-E is 16 times more coins) we are at a price per coin of 0,00008. Do you understand now why I mean that 0,000145 btc per coin is overpriced as a starting price? actually it started off way cheaper at other exchanges, only when it reached coinmarket.io that the price has increased a lot same will happen when coino reach cryptsy i think so too. just wish they'd listed it a day later so i can mine more for another day what do you expect it to be worth if it hits cryptsy? block value= 35 this mean between 50k-100k satoshi at least |
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danetti
Newbie
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Activity: 56
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January 25, 2014, 08:57:18 PM |
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My gt 520 cant get anything anymore nvidia cards are not good for mining unfortunately :/ yea Im going to upgrade to a 290x as soon as I can. Tigerdirect accepts bitcoin as a payment now! try check this comparison site first https://litecoin.info/Mining_hardware_comparisonor look at some of the ltc threads? i'm not sure if 290x is good for hashrate/dollar, compared to say 280x or 290 |
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hostilblazer
Newbie
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Activity: 33
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January 25, 2014, 09:01:22 PM |
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My gt 520 cant get anything anymore nvidia cards are not good for mining unfortunately :/ yea Im going to upgrade to a 290x as soon as I can. Tigerdirect accepts bitcoin as a payment now! try check this comparison site first https://litecoin.info/Mining_hardware_comparisonor look at some of the ltc threads? i'm not sure if 290x is good for hashrate/dollar, compared to say 280x or 290 Thanks! |
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Ace250
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Activity: 4
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January 25, 2014, 09:04:19 PM |
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Correct me if I'm wrong:
The max. supply of this coin is 100 million coins and the starting price is 0,000145 btc which is 0,12$ - isn't this a bit overpriced??
wait until its listed at cryptsy. It will go much higher. just look at Litecoin. 80 million coins and atm 20 dollar per coin. Sure but Litecoin has got a market cap of about 578 million $ lol! Let's compare it for example with USD-E which is also a new coin with a maximum of 1,6 billion times. So it is 16 times more coins. The price skyrocket the last few days and is at the moment at a level of 0,000005 btc per coin. So if we calculate 0,000005 btc * 16 (cause USD-E is 16 times more coins) we are at a price per coin of 0,00008. Do you understand now why I mean that 0,000145 btc per coin is overpriced as a starting price? actually it started off way cheaper at other exchanges, only when it reached coinmarket.io that the price has increased a lot same will happen when coino reach cryptsy i think so too. just wish they'd listed it a day later so i can mine more for another day what do you expect it to be worth if it hits cryptsy? block value= 35 this mean between 50k-100k satoshi at least Newbie question: what does 50k-100k satoshi mean? |
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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January 25, 2014, 09:05:41 PM |
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Correct me if I'm wrong:
The max. supply of this coin is 100 million coins and the starting price is 0,000145 btc which is 0,12$ - isn't this a bit overpriced??
wait until its listed at cryptsy. It will go much higher. just look at Litecoin. 80 million coins and atm 20 dollar per coin. Sure but Litecoin has got a market cap of about 578 million $ lol! Let's compare it for example with USD-E which is also a new coin with a maximum of 1,6 billion times. So it is 16 times more coins. The price skyrocket the last few days and is at the moment at a level of 0,000005 btc per coin. So if we calculate 0,000005 btc * 16 (cause USD-E is 16 times more coins) we are at a price per coin of 0,00008. Do you understand now why I mean that 0,000145 btc per coin is overpriced as a starting price? actually it started off way cheaper at other exchanges, only when it reached coinmarket.io that the price has increased a lot same will happen when coino reach cryptsy i think so too. just wish they'd listed it a day later so i can mine more for another day what do you expect it to be worth if it hits cryptsy? block value= 35 this mean between 50k-100k satoshi at least Newbie question: what does 50k-100k satoshi mean? 50k satoshi = 0.0005 btc 100k satoshi = 0.001 btc |
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danetti
Newbie
Offline
Activity: 56
Merit: 0
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January 25, 2014, 09:07:46 PM |
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Correct me if I'm wrong:
The max. supply of this coin is 100 million coins and the starting price is 0,000145 btc which is 0,12$ - isn't this a bit overpriced??
wait until its listed at cryptsy. It will go much higher. just look at Litecoin. 80 million coins and atm 20 dollar per coin. Sure but Litecoin has got a market cap of about 578 million $ lol! Let's compare it for example with USD-E which is also a new coin with a maximum of 1,6 billion times. So it is 16 times more coins. The price skyrocket the last few days and is at the moment at a level of 0,000005 btc per coin. So if we calculate 0,000005 btc * 16 (cause USD-E is 16 times more coins) we are at a price per coin of 0,00008. Do you understand now why I mean that 0,000145 btc per coin is overpriced as a starting price? actually it started off way cheaper at other exchanges, only when it reached coinmarket.io that the price has increased a lot same will happen when coino reach cryptsy i think so too. just wish they'd listed it a day later so i can mine more for another day what do you expect it to be worth if it hits cryptsy? block value= 35 this mean between 50k-100k satoshi at least Newbie question: what does 50k-100k satoshi mean? as he replied above, 1 satoshi would be the smallest amount BTC can go 0.00000001 |
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danetti
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Activity: 56
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January 25, 2014, 09:09:31 PM |
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dedicated is good pool but too many people mine there maybe its under heavy load and is not updated yet? it might go down too although not often |
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