heyho
Newbie
 Offline
Activity: 42
Merit: 0
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February 24, 2014, 01:53:27 PM |
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wtb 5k for .011 btc
out of interest, what does everything else think about these prices? :./ 220 satoshi's means a total market value of 220BTC (~125.000$) for all of BC. I've seen 300 - 400 satoshi prices so far. With this difficulty + the fact that you can't mine this in 1 week, 220 sat is way too low. It's the same market value as penguin coin... theres an infinite amount of BC, just 100M the first year from what I understand. Yes, but only 1% volume increase per year. It's kinda perfect inflation model. |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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sevoque
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February 24, 2014, 01:55:01 PM |
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want to buy 100,000 BC at 0.1
thats like muslims eating porkchops.. aint never gona happen |
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Sparkzor
Member
Offline
Activity: 112
Merit: 10
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February 24, 2014, 01:55:36 PM |
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wtb 5k for .011 btc
out of interest, what does everything else think about these prices? :./ 220 satoshi's means a total market value of 220BTC (~125.000$) for all of BC. I've seen 300 - 400 satoshi prices so far. With this difficulty + the fact that you can't mine this in 1 week, 220 sat is way too low. It's the same market value as penguin coin... theres an infinite amount of BC, just 100M the first year from what I understand. Then 1% each year. After 10 year it's 110,46 MIL. After 100 years it's 270.48MIL. |
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Jeezy911
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February 24, 2014, 02:02:32 PM |
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Anyone selling? Not getting any hits on Marketplace forum, Ill go first.
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rat4 (OP)
Full Member
Offline
Activity: 324
Merit: 197
Two-way squared
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February 24, 2014, 02:05:42 PM |
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Yay thanks  |
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Soepkip
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February 24, 2014, 02:08:32 PM |
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You can also donate to: 18YA5nzojRjPvvk1NkAY3HeY7cJ4y4tgKV For extra votes, a 0.066 BTC donation would get us in first place. |
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Sparkzor
Member
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Activity: 112
Merit: 10
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February 24, 2014, 02:13:47 PM |
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This is the real price:
Total BTC volume/Total BC volume (let's say 100m) 12,439,425 BTC/ 100,000,000BC 0.12439425
------------------------------------------------- = ------------------------------- = ------------- = 0.00002487885BTC/BC
5000 5000 5000
That would make my 4.5k worth approx 0.11BTC |
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cloudboy
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February 24, 2014, 02:17:20 PM |
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Can someone please explain to me exactly what is going to happen in about 1 week? I am mining now, will it stop being worthwhile to mine after that?
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Soepkip
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February 24, 2014, 02:25:11 PM |
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Can someone please explain to me exactly what is going to happen in about 1 week? I am mining now, will it stop being worthwhile to mine after that?
New blocks will have 0 rewards, except for the transactions themselves. New coins will be staked via PoS @ 1% / year. |
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ctenc001
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February 24, 2014, 02:26:23 PM |
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wtb 5k for .011 btc
out of interest, what does everything else think about these prices? :./ way too cheap considering the difficulty difficulty on a brand new coin is extremely unstable and will most likely drop off within the next 24 hours. It's a poor way of judging a brand new coin. Especially with a 1 block readjustment rate. One or two big miners drop off and the difficulty is cut in half. |
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ctenc001
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February 24, 2014, 02:27:10 PM |
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Can someone please explain to me exactly what is going to happen in about 1 week? I am mining now, will it stop being worthwhile to mine after that?
New blocks will have 0 rewards, except for the transactions themselves. New coins will be staked via PoS @ 1% / year. take a look at preminecoin for an example of how this will work. |
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rat4 (OP)
Full Member
Offline
Activity: 324
Merit: 197
Two-way squared
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February 24, 2014, 02:29:12 PM |
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Can someone please explain to me exactly what is going to happen in about 1 week? I am mining now, will it stop being worthwhile to mine after that?
It will stop mining  |
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MysticDOGE
Full Member
Offline
Activity: 126
Merit: 100
KlondikeCoin - Get Real Gold !
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February 24, 2014, 02:32:08 PM |
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Sounds interesting. Will point my miners to BlackCoin.
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zukumpf
Newbie
Offline
Activity: 4
Merit: 0
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February 24, 2014, 02:36:24 PM |
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38 diff, omg, why me?
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getmining.info
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February 24, 2014, 02:37:36 PM |
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Longest confirmations ever.. Kinda hoping the pools don't disappear.. yet  |
All views are my own, except those that I have subconsciously inherited from my parents and those that I have nicked from far cleverer people.
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asdlolciterquit
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February 24, 2014, 02:40:24 PM |
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Can someone please explain to me exactly what is going to happen in about 1 week? I am mining now, will it stop being worthwhile to mine after that?
New blocks will have 0 rewards, except for the transactions themselves. New coins will be staked via PoS @ 1% / year. only 1% years?  ?? |
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HerpThyrun
Member
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Activity: 73
Merit: 10
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February 24, 2014, 02:42:14 PM |
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This is very interesting coin. Wonder what prices will be.
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r0b1nuk
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February 24, 2014, 02:54:58 PM |
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so just to clarify 10000 block at 10000 coins means 100,000,000 coin cap before the pos
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Bitrated user: r0b1nuk.
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DrFingol
Member
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Activity: 70
Merit: 10
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February 24, 2014, 02:57:28 PM |
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Slept too long.. am I late to the party?!
Low bids so far... with this difficulty, price should be at least 100-200 satoshis imo.
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BTC: 1LYHvTrHZM8wgAp4zi1JdfzppujzhVt81r
BlackCoin: B659eXAnAZx2cQbqb9MFxYcq9qZUuh1EdT
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