[ANN] [COINO] KGW ACTIVATED - WALLET UPDATE ▬► COINO -(O)- ◄▬ The fastest Coin

[JulianL]

Coino is not a pump and dump coin. I dont know exactly but they wanna make something big out of coino.
Everybody expecting the price after a few weeks on cryptsy around $1-$2 and after 1-2 years like ltc.
I did hear that there are some online companies in germany who will accept coino as an online payment in a few weeks for that they need a fast transaction time.

Thats all I know but thats the reason I just mine and dont dump my coins.

You hear lots of things....

yeah and I trust my source. If you wanna dump your coin, come on go ahead but dont cry like the guy who bought a pizza for 10.000 bitcoins a few years ago.

[toknormal]

Coino is not a pump and dump coin. I dont know exactly but they wanna make something big out of coino.
Everybody expecting the price after a few weeks on cryptsy around $1-$2 and after 1-2 years like ltc.
I did hear that there are some online companies in germany who will accept coino as an online payment in a few weeks for that they need a fast transaction time.

Thats all I know but thats the reason I just mine and dont dump my coins.

Julian -

Thanks for your input. The thing is, I'm never convinced by transaction time being a reason for a coin's success.

Have you ever bought anything on a Cryptocurrency exchange ? (Like other coins). Is blockchain transaction time ever a factor in the trade ? No - because blockchain transactions are ridiculously slow for point of sale purposes whether they're 20 seconds or 20 minutes.

If and when cryptocurrencies "take off", we won't be doing blockchain transactions. It will be handled like the exchanges, where you are trading from an account managed by a payment processor. That's not the only reason - blockchain can't do half the stuff that's needed for proper merchant support like reversing transactions, refunds, marchant-added surcharges and all sorts of stuff. Thats what Visa and Mastercard do well and why they're probably not scared of cryptos - because they know they'll be needed even if the world financial system ends up being based around cryptocurrencies.

Worldcoin thought they were going to take over the world cos they had a fast transaction time but now it's "just another coin".

[toknormal]

yeah and I trust my source. If you wanna dump your coin, come on go ahead but dont cry like the guy who bought a pizza for 10.000 bitcoins a few years ago.

There was only 1 cryptocurrency when that guy bought his pizza.

Now there are hundreds.

Something else has to make it stand out other than that fact that it's "here' and a couple of German companies "said" they'd take it". They could just as easily take another coin with a "fast" transaction time like Litecoin, Quark, Worldcoin...ad infinitum. Who cares if it's 20 seconds or 50 seconds when it's a web payment. It can take 50 seconds for a page to refresh.

[JulianL]

yeah and I trust my source. If you wanna dump your coin, come on go ahead but dont cry like the guy who bought a pizza for 10.000 bitcoins a few years ago.

It can take 50 seconds for a page to refresh.

lol in what country 

Never mind. I have my source, you have your feeling about it. Do what you wanna do...

[toknormal]

Never mind. I have my source, you have your feeling about it. Do what you wanna do...

It's not a "feeling" that's telling me this, it's a calculator 

I don't want to detract from you guys that have been busy mining for weeks (days ?), but if you're going to spend good btc on a coin that comes out of the gate at 4 decimals, with 121,000 being added to the supply each day then there's got to be a reason why, otherwise it's going straight to zero after 2 hours on Crypsy.

Nobody even knows who this "one big german marketing agency" is that has 21 employees and 8 million euro in turnover (b.t.w. that is actually a very 'small' marketing company).

Looks like a pure pump & dump exercise to me. Doesn't mean it's not hanging on to it for 24 hours after opening, but I'd be interested to hear if anyone has anything to add to my analysis or if I've basically covered everything.

[aircrusan]

Never mind. I have my source, you have your feeling about it. Do what you wanna do...

It's not a "feeling" that's telling me this, it's a calculator 

I don't want to detract from you guys that have been busy mining for weeks (days ?), but if you're going to spend good btc on a coin that comes out of the gate at 4 decimals, with 121,000 being added to the supply each day then there's got to be a reason why, otherwise it's going straight to zero after 2 hours on Crypsy.

Nobody even knows who this "one big german marketing agency" is that has 21 employees and 8 million euro in turnover (b.t.w. that is actually a very 'small' marketing company).

Looks like a pure pump & dump exercise to me. Doesn't mean it's not hanging on to it for 24 hours after opening, but I'd be interested to hear if anyone has anything to add to my analysis or if I've basically covered everything.

I would just say that this world is not only made with calculators... Sometimes something happens and brake the common rules, that thing is what makes the difference.

Maybe this is not the case.... but what if it finnaly is?  

Just dump your coins if you don't feel that you're going to have any better profit and keep a little ammount of them just in case...   then go mining another coin...

[dragonhunter]

Coino is not a pump and dump coin. I dont know exactly but they wanna make something big out of coino.
Everybody expecting the price after a few weeks on cryptsy around $1-$2 and after 1-2 years like ltc.
I did hear that there are some online companies in germany who will accept coino as an online payment in a few weeks for that they need a fast transaction time.

Thats all I know but thats the reason I just mine and dont dump my coins.

You hear lots of things....

yeah and I trust my source. If you wanna dump your coin, come on go ahead but dont cry like the guy who bought a pizza for 10.000 bitcoins a few years ago.

Which exchange has enough volume so those companies can dump their coins? Or is there online wallet like coinbase to take the risk? Who is "Everybody expecting the price after a few weeks on cryptsy around $1-$2"? How many miners will leave after price drops and its less profitable than other coins?

And why would anyone cry if they dump coino for BTC? They have BTC, no? Or you also heard that coino will take over BTC...?

You created account 2 days after coino .. just saying, if its not pump and dump, your posts surely makes it look like one.

[JulianL]

Coino is not a pump and dump coin. I dont know exactly but they wanna make something big out of coino.
Everybody expecting the price after a few weeks on cryptsy around $1-$2 and after 1-2 years like ltc.
I did hear that there are some online companies in germany who will accept coino as an online payment in a few weeks for that they need a fast transaction time.

Thats all I know but thats the reason I just mine and dont dump my coins.

You hear lots of things....

yeah and I trust my source. If you wanna dump your coin, come on go ahead but dont cry like the guy who bought a pizza for 10.000 bitcoins a few years ago.

Which exchange has enough volume so those companies can dump their coins? Or is there online wallet like coinbase to take the risk? Who is "Everybody expecting the price after a few weeks on cryptsy around $1-$2"? How many miners will leave after price drops and its less profitable than other coins?

And why would anyone cry if they dump coino for BTC? They have BTC, no? Or you also heard that coino will take over BTC...?

You created account 2 days after coino .. just saying, if its not pump and dump, your posts surely makes it look like one.

well Sherlock then dump your coins  before its too late 

[poolers]

Every coin gets called a pump and dump. Most are and a few make it. The difference between the coins that makes them succeed or fail is not the transaction speed or even the supply.  It is the people involved.  If it has a large supportive community, that is what determines whether it is worth something or not.  Nobody is going to try to convince you to start mining Coino, we would rather get some more in our wallets before it blows up big.  

I understand your skepticism.  Every coin has a lot of hype right out of the gate and the hashrate at first is artificial because a lot of people mine it with a "just-in-case" mentality.  It is different with coino and you can see what I am talking about if you spend some more time with the people that are going to determine whether this coin is going to make it or not.  It is up to them, not your calculator.  

I really like the early posts though from the naysayers. It is fun to see their wallet address for that coin show up in their early post signatures once the coin gets bigger. =)

[toknormal]

Sometimes something happens and brake the common rules

Yes indeed.

And I was just trying to find out what that "something" was in the case of this coin  

Seems like it's....eh.....eh....  

[toknormal]

I understand your skepticism.  Every coin has a lot of hype right out of the gate and the hashrate at first is artificial because a lot of people mine it with a "just-in-case" mentality.  It is different with coino and you can see what I am talking about if you spend some more time with the people that are going to determine whether this coin is going to make it or not.  It is up to them, not your calculator.

ok, that's true. But lets look at Coino's competitors.

Catcoin is in the same valuation bracket. Its daily supply is ** 6% ** of Coino's !!

The current Catcoin supply is about 273000 while that of Coino's is already 1.3 million !

So if we use Catcoin as a reference, Coino is already overvalued by 400% (factoring in the current price ratio and coin supply) and it's not even on an exchange yet.

So what you're saying is that the 'network effect' value (i.e. community, developers etc) is at least 4 times that of Catcoin and we don't even know any of the people behind it. I sure hope they are geniuses cos otherwise this is going to happen straight out of the gate... http://www.cryptocoincharts.info/period-charts.php?period=alltime&resolution=day&pair=wdc-btc&market=mcxnow

(Those folks had a "great organisation" too )

P.S. I hope I've got my calcs right. Feel free anyone to correct me if I've made wrong assumptions. For coin supply I've taken the block reward x the blocks per day based on a 25 second block time = (3600 x 24 hours) / 25 = 3456 Blocks x 35 con per block = 120960 coins per day.

[greatprofit]

hi its my new coinompass
http://s29.postimg.org/j405vt06v/coinompass.jpg
UgcWLx66a2ir1uorFLgMmFrLE9seCH1MzU

[smcardle]

Why is the www.coino.org site down. Anybody know ?

[luckygenough56]

hi its my new coinompass

UgcWLx66a2ir1uorFLgMmFrLE9seCH1MzU

This is really becoming annoying. Just sayin...

[holepunch]

working for me

[JulianL]

hi its my new coinompass

UgcWLx66a2ir1uorFLgMmFrLE9seCH1MzU

This is really becoming annoying. Just sayin...

I dont think its annoying at all. I actually kinda like these pictures.
Why dont you just go and take a look at other coins if it annoys you so bad?

[poolers]

I understand your skepticism.  Every coin has a lot of hype right out of the gate and the hashrate at first is artificial because a lot of people mine it with a "just-in-case" mentality.  It is different with coino and you can see what I am talking about if you spend some more time with the people that are going to determine whether this coin is going to make it or not.  It is up to them, not your calculator.

ok, that's true. But lets look at Coino's competitors.

Catcoin is in the same valuation bracket. Its daily supply is ** 6% ** of Coino's !!

The current Catcoin supply is about 273000 while that of Coino's is already 1.3 million !

So if we use Catcoin as a reference, Coino is already overvalued by 400% (factoring in the current price ratio and coin supply) and it's not even on an exchange yet.

So what you're saying is that the 'network effect' value (i.e. community, developers etc) is at least 4 times that of Catcoin and we don't even know any of the people behind it. I sure hope they are geniuses cos otherwise this is going to happen straight out of the gate... http://www.cryptocoincharts.info/period-charts.php?period=alltime&resolution=day&pair=wdc-btc&market=mcxnow

(Those folks had a "great organisation" too )

P.S. I hope I've got my calcs right. Feel free anyone to correct me if I've made wrong assumptions. For coin supply I've taken the block reward x the blocks per day based on a 25 second block time = (3600 x 24 hours) / 25 = 3456 Blocks x 35 con per block = 120960 coins per day.

It's not about your calc being right or wrong, there is reason to your logic but there is another factor.  Supply and demand.  Usually when a coin is new and getting a lot of hashpower people start to take notice and join in. Then when it hits an exchange there are 500 sell orders and maybe 5 buy orders, or none at all even.  You can tell when it is a pump and dump when all of the activity on the exchange is from sellers undercutting each other.  Coino has a pretty decent buy:sell order ratio for its infancy.  The true test will be when it hits an exchange like cryptsy but so far this community seems to understand better than most how not to take the coin down with big-eyed greed.  Most people here are in it for the long-haul.  With the coins that you see failing every day, you might see a decent hashrate but all you see in chat is, "when can we sell?".  

[1369]

Whenever reading posts, I ask myself, what is the underlying reason behind it & what is the person trying to achieve by it. Just something to keep in mind.

[poolers]

A couple of people have asked me if they missed the Steam giveaway. The contest is not over yet and you still have a chance of getting into the drawing even if you are just now starting. There are 18 hours remaining.  Good luck.

[poolers]

Join us in IRC for fun and trivia giveaways.  Anyone is welcome to participate in trivia but the giveaways are for pool members.

IRC details and a web client are here. Feel free to use any client you wish though.

https://poolers.org/irc.html