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provenceday
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April 14, 2014, 10:22:49 AM
 #1601

53. Pawncoin (0.01 %)
Source   Pair   Volume (24h)   Price   Volume (%)
Poloniex   PAWN/BTC   $ 4,660   $ 0.005645   97.53 %
Bittrex   PAWN/BTC   $ 118   $ 0.00418   2.47 %
Total/Avg   $ 4,778   $ 0.005608   
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provenceday
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April 14, 2014, 10:24:57 AM
 #1602

promotion will start before service open?

or after service open?

thanks dev team

any promotion plan or market strategy?
tAP
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April 14, 2014, 12:13:09 PM
 #1603

Keeping the dream alive!

I am definitely biased, but I do like the idea of a continually decreasing reward up until service launch - it's a good idea for some coins in general.  This way the  early supporters are rewarded for their faith and support - however, how much exactly they should be rewarded, and what is "fair," that's the real question.

"The past is a foreign country: they do things differently there."

LP Hartley
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April 14, 2014, 12:54:15 PM
 #1604

will change block reward soon?
I still can't move my pawn from cryptorush site still down.
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April 14, 2014, 01:02:47 PM
 #1605

will change block reward soon?
I still can't move my pawn from cryptorush site still down.

Not sure what the deal is, but in the future I would move all your stuff off of cryptorush.  They have already proven unreliable in the past (see: Blackcoin) and go down a lot.

"The past is a foreign country: they do things differently there."

LP Hartley
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April 14, 2014, 02:06:20 PM
 #1606

We just changed the block reward from 500 to 50.

When I was mining at block reward 500 i got ~3000 coins per day. Now i'm getting ~750 coins a day. That means we lost 60% of our hash rate.

Lowering the block reward will push away more miners. We need more people involved in this coin, not less.
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April 14, 2014, 02:43:51 PM
 #1607

We just changed the block reward from 500 to 50.

When I was mining at block reward 500 i got ~3000 coins per day. Now i'm getting ~750 coins a day. That means we lost 60% of our hash rate.

Lowering the block reward will push away more miners. We need more people involved in this coin, not less.
the price is more important than hash rate. Pos coin is 0 hash rate.
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April 14, 2014, 02:59:39 PM
Last edit: April 14, 2014, 03:15:58 PM by richardn1987
 #1608

We just changed the block reward from 500 to 50.

When I was mining at block reward 500 i got ~3000 coins per day. Now i'm getting ~750 coins a day. That means we lost 60% of our hash rate.

Lowering the block reward will push away more miners. We need more people involved in this coin, not less.
the price is more important than hash rate. Pos coin is 0 hash rate.

This isn't a pos coin. We need a hash rate. More hash means more people involved, less coins per mhs and a higher price as well.

EDIT: and the coming promotion is a better way to raise the price then lowering the block reward again.

Remember, there hasn't been any promotion so far.
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April 14, 2014, 03:14:20 PM
 #1609

calm down. the main thing is not to change the plan and you will be April 24 happiness Wink
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April 14, 2014, 03:17:58 PM
 #1610

why else would reduce the award for the block? if all is well then the complexity of the production will grow strongly and will not have anything to reduce Smiley
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April 14, 2014, 04:06:02 PM
 #1611

The devs need to make something like http://blackcoinpool.com/
A multipool, mining all profitable coins and buying with them PAWN.
Look at blackcoin. The price is going up like crazy and it hit 5x in 2 days.
Imagine if we do the same for PAWN - a coin with purpose! PAWNcoin is trwoing up 20 BTC daily into Blackcoin. This is insane amount for the liquidity standarts of all alt coins. We need to get this done for PAWN!

Cryptostats.es
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April 14, 2014, 04:09:58 PM
 #1612

The devs need to make something like http://blackcoinpool.com/
A multipool, mining all profitable coins and buying with them PAWN.
Look at blackcoin. The price is going up like crazy and it hit 5x in 2 days.
Imagine if we do the same for PAWN - a coin with purpose! PAWNcoin is trwoing up 20 BTC daily into Blackcoin. This is insane amount for the liquidity standarts of all alt coins. We need to get this done for PAWN!

Our buying pressure should come from services, but yes... that kind things are awesome because they drain other altcoins and give themselves more value.

richardn1987
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April 14, 2014, 04:35:49 PM
 #1613

The devs need to make something like http://blackcoinpool.com/
A multipool, mining all profitable coins and buying with them PAWN.
Look at blackcoin. The price is going up like crazy and it hit 5x in 2 days.
Imagine if we do the same for PAWN - a coin with purpose! PAWNcoin is trwoing up 20 BTC daily into Blackcoin. This is insane amount for the liquidity standarts of all alt coins. We need to get this done for PAWN!

We start working on this ASAP!

Great idea!

But the basis of this idea is that other coins are more profitable to mine then pawn
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April 14, 2014, 04:40:01 PM
 #1614

We just changed the block reward from 500 to 50.

When I was mining at block reward 500 i got ~3000 coins per day. Now i'm getting ~750 coins a day. That means we lost 60% of our hash rate.

Lowering the block reward will push away more miners. We need more people involved in this coin, not less.

I don't claim to know everything about this stuff but doesn't block reward have nothing to do with hash rate unless you are referring to people jumping ship?

"The past is a foreign country: they do things differently there."

LP Hartley
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April 14, 2014, 04:57:21 PM
 #1615

Of course current owners says 10 pawns because it make more valuable their coins what they all ready own.

Is it fair drop it again? Newcomers come to thread and look top richest list and see over 100k holdings. Then hey look block reward and skip whole coin because they smell scam/pyramid thing. Why we cant just stick with 50 and let services do their job? Can someone say even one good thing why we should drop reward again?

Thats correct! Please dont reduce the block reward, harder to mine, no support from miners or the community. We went down from 500 till 50. Please don't go any further it will scare investors and miners and pools will not mine, the would be no exchange trades and everything!

Also to the Devs please delete the voting. If you want we vote please create a new voting poll without the 50 block because that is the same as No.

I think a few rich Pawncoin holder (Provence, Maccie, Richardn1987 and Me. ) all three vote to not reduce the reward, hope that is also a good argument Grin

Regards,

Alex
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April 14, 2014, 05:05:51 PM
 #1616

We juinvestorhanged the block reward from 500 to 50.

When I was mining at block reward 500 i got ~3000 coins per day. Now i'm getting ~750 coins a day. That means we lost 60% of our hash rate.

Lowering the block reward will push away more miners. We need more people involved in this coin, not less.

I don't claim to know everything about this stuff but doesn't block reward have nothing to do with hash rate unless you are referring to people jumping ship?

You need the support from the miners who see potential in it, they create exchange and trading volume and help the coin to grow, you can not live only from investors, how many investors are there?  Sorry for misspelling and short reactions, it's from my mobile in the train..
tosha001
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April 14, 2014, 05:17:16 PM
 #1617

No need to revise the award for the block!!! 50 coins and all!!!
The main thing is not the reward now to change, and plan not to disturb!!! Cool
tAP
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April 14, 2014, 05:37:10 PM
 #1618

We juinvestorhanged the block reward from 500 to 50.

When I was mining at block reward 500 i got ~3000 coins per day. Now i'm getting ~750 coins a day. That means we lost 60% of our hash rate.

Lowering the block reward will push away more miners. We need more people involved in this coin, not less.

I don't claim to know everything about this stuff but doesn't block reward have nothing to do with hash rate unless you are referring to people jumping ship?

You need the support from the miners who see potential in it, they create exchange and trading volume and help the coin to grow, you can not live only from investors, how many investors are there?  Sorry for misspelling and short reactions, it's from my mobile in the train..

I know, I was stating that the block reward and hashrate aren't really related unless there is simply proof that more people will mine if they can get more quantity of coins (not necessarily more value).

Either way, as a big pawncoin investor, I want what is best for the COIN, not short-term value.  So whether we reduce block reward or not, all I care about is that the developers stay behind it in a big way.

"The past is a foreign country: they do things differently there."

LP Hartley
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April 14, 2014, 06:26:04 PM
 #1619

Looks like Pawncoin has a mention on front page of

http://www.reddit.com/r/cryptomarkets

Not sure if the author has the correct breakdown but people are asking for more information... I think this would be a good place for the devs or someone with a lot of knowledge to jump in and give some of those on reddit (which is a big community) an idea of how this is going to work

"The past is a foreign country: they do things differently there."

LP Hartley
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April 14, 2014, 06:34:08 PM
 #1620

Looks like Pawncoin has a mention on front page of

http://www.reddit.com/r/cryptomarkets

Not sure if the author has the correct breakdown but people are asking for more information... I think this would be a good place for the devs or someone with a lot of knowledge to jump in and give some of those on reddit (which is a big community) an idea of how this is going to work

That yoteech told John Lights idea and our dev team not are behind of John Light. Differents things, devs should correct this in reddit as soon as possible! If i have understood right we are rivals with John Light.

http://www.coindesk.com/pawncoin-john-light-bitcoin-volatility-buttonwood/

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