robertson2013
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Activity: 56
Merit: 0
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March 27, 2014, 08:21:14 AM |
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Almost every coin that hits an exchange this early is doomed to fail. This coin is not even 7hrs old yet already on an exchange!!! The coin is not finding blocks on most pools most probably due to Hashing AT and difficulty of over 3 million.
This coin will open high be dumped at stay there. I wish exchanges would not allow any coins on for at least a week so they make sure there are no early forks and a sustained interest.
Who is to say 5 days from now there is no more work done by the Devs once they make some money??? Not that I am saying this will happen but this is the problem with a pre-mined coin on an exchange this early.
Can I ask why is was so important to have this coin listed within a few hours of go live, this pattern is killing coins
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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raskul
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March 27, 2014, 08:23:57 AM |
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Almost every coin that hits an exchange this early is doomed to fail. This coin is not even 7hrs old yet already on an exchange!!! The coin is not finding blocks on most pools most probably due to Hashing AT and difficulty of over 3 million.
This coin will open high be dumped at stay there. I wish exchanges would not allow any coins on for at least a week so they make sure there are no early forks and a sustained interest.
Who is to say 5 days from now there is no more work done by the Devs once they make some money??? Not that I am saying this will happen but this is the problem with a pre-mined coin on an exchange this early.
Can I ask why is was so important to have this coin listed within a few hours of go live, this pattern is killing coins
1. as you say, it's a quick buck for the dev 2. it reduces the bitcoin network hashrate 3. i can't think of a 3 just now. |
tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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bitbar
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March 27, 2014, 09:21:55 AM |
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Ok, everyone I owe a bounty too, please post here in the thread or PM me with your wallet address. I'll be paying them out tomorrow.
Thanks everyone!
We've got about 125 TH/s on the network right now.
Great launched guys  BNkeRqsDtvTVye53SwZoAfoUGKbKBxKD7u Tnanks!! |
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jayman
Member
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Activity: 70
Merit: 10
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March 27, 2014, 09:44:41 AM
Last edit: March 27, 2014, 10:06:17 AM by jayman |
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pools seem hard to find blocks.. 6th's here
Time Since Last Block 3 hours 17 minutes 41 seconds
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robertson2013
Newbie
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Activity: 56
Merit: 0
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March 27, 2014, 10:10:14 AM |
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Exactly why new coins should never be on an exchange this early
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Merozih
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Activity: 42
Merit: 0
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March 27, 2014, 10:48:03 AM |
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WTS 35K for 0.2BTC
pm me
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lah9900
Newbie
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Activity: 13
Merit: 0
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March 27, 2014, 11:00:28 AM |
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Ok, everyone I owe a bounty too, please post here in the thread or PM me with your wallet address. I'll be paying them out tomorrow.
Thanks everyone!
We've got about 125 TH/s on the network right now.
Thanks for your coin!!! Keep going!!! My addresss: BFmkbw1c74w6huMs97pa5dLnCtjJsG8Sij |
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mihaisav
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March 27, 2014, 12:50:43 PM |
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Azeroth
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Iced
Full Member
 Online
Activity: 627
Merit: 208
Belgian based crypto-enthusiast
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March 27, 2014, 01:41:30 PM |
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Very cool wallet! I'm mining this coin for now  |
No signature for now
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Poolest
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March 27, 2014, 02:02:27 PM |
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The Poolest BNS Pool Is pool in trouble? We didnt find block for hours??? Last block found 573, now is mining 756. We have Est. Shares 227,274 (done: 697.28%) already  WTF is going on? There is no trouble. We are finding blocks. It was just an unlucky round after several lucky ones. |
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chromosoma
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March 27, 2014, 02:05:11 PM |
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what a fail, i cant dump my 2850 BNS now. Noone is buying and the Diff is just too high. I go back to fusion coin.
Why should someone mine a coin at about 3M Diff if he can't sell it for reasonable price, i don get it.
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GurungBoi
Member
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Activity: 97
Merit: 10
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March 27, 2014, 03:17:44 PM |
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and the exchanges do not function LOL
it's deadddd
time to hit on proper exchanges >.>
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caspar
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March 27, 2014, 03:19:05 PM |
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12Hours=5598 BNS  |
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bonuscoin (OP)
Member
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Activity: 70
Merit: 10
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March 27, 2014, 03:25:24 PM |
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what a fail, i cant dump my 2850 BNS now. Noone is buying and the Diff is just too high. I go back to fusion coin.
Why should someone mine a coin at about 3M Diff if he can't sell it for reasonable price, i don get it.
Difficulty is a factor of network hash. It should relate to value of the coin too, but early coins (remember we're 12 hours old) there will alway be low volume on the buy side. Give it a little time. |
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Humancell
Member
Offline
Activity: 63
Merit: 10
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March 27, 2014, 03:28:30 PM |
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Almost every coin that hits an exchange this early is doomed to fail. This coin is not even 7hrs old yet already on an exchange!!! The coin is not finding blocks on most pools most probably due to Hashing AT and difficulty of over 3 million.
This coin will open high be dumped at stay there. I wish exchanges would not allow any coins on for at least a week so they make sure there are no early forks and a sustained interest.
Who is to say 5 days from now there is no more work done by the Devs once they make some money??? Not that I am saying this will happen but this is the problem with a pre-mined coin on an exchange this early.
Can I ask why is was so important to have this coin listed within a few hours of go live, this pattern is killing coins
I do agree ... and on top of that there are already people selling the coin they mined for ridiculous prices ... 50 satoshi? WTF? At least if people are going to begin to trade, hold on to the value of the coin and keep it high. 0.01 BTC! What seems to be the new norm is: mine, and then sell it down to 1 satoshi. Dump the coin for anything. Stupidity. At the same time, I do believe that people who mine must see some other value than trading for BTC. If the only value of a coin is to be sold for BTC ... then it is doomed. If they see some other potential value ... they hold. |
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cryptzilla
Member
Offline
Activity: 119
Merit: 10
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March 27, 2014, 04:08:13 PM |
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Almost every coin that hits an exchange this early is doomed to fail. This coin is not even 7hrs old yet already on an exchange!!! The coin is not finding blocks on most pools most probably due to Hashing AT and difficulty of over 3 million.
This coin will open high be dumped at stay there. I wish exchanges would not allow any coins on for at least a week so they make sure there are no early forks and a sustained interest.
Who is to say 5 days from now there is no more work done by the Devs once they make some money??? Not that I am saying this will happen but this is the problem with a pre-mined coin on an exchange this early.
Can I ask why is was so important to have this coin listed within a few hours of go live, this pattern is killing coins
I do agree ... and on top of that there are already people selling the coin they mined for ridiculous prices ... 50 satoshi? WTF? At least if people are going to begin to trade, hold on to the value of the coin and keep it high. 0.01 BTC! What seems to be the new norm is: mine, and then sell it down to 1 satoshi. Dump the coin for anything. Stupidity. At the same time, I do believe that people who mine must see some other value than trading for BTC. If the only value of a coin is to be sold for BTC ... then it is doomed. If they see some other potential value ... they hold. I guess I don't really have enough coins to matter, and maybe I'm kidding myself because I'm new, but I'm planning to hold on to what I have. The team seems pretty dedicated, and they were around for the launch which I appreciated, so I hope they'll make something out of BNS. If not, well, then I guess I misgambled a few days of mining. Hopefully not though. |
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bit-bit
Newbie
Offline
Activity: 16
Merit: 0
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March 27, 2014, 04:27:23 PM |
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The Poolest BNS Pool Is pool in trouble? We didnt find block for hours??? Last block found 573, now is mining 756. We have Est. Shares 227,274 (done: 697.28%) already WTF is going on? There is no trouble. We are finding blocks. It was just an unlucky round after several lucky ones. just jumped on http://bns.poolest.com been getting dust on bonus.hashing trying to split with 75 th cutting the pie less ways on poolest and overdue blocks, with some luck we could get some nice big payouts instead of dust. |
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tripppn
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March 27, 2014, 04:33:08 PM |
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The Poolest BNS Pool Is pool in trouble? We didnt find block for hours??? Last block found 573, now is mining 756. We have Est. Shares 227,274 (done: 697.28%) already WTF is going on? There is no trouble. We are finding blocks. It was just an unlucky round after several lucky ones. just jumped on http://bns.poolest.com been getting dust on bonus.hashing trying to split with 75 th cutting the pie less ways on poolest and overdue blocks, with some luck we could get some nice big payouts instead of dust. I have my mining split between poolish and hardcore... Gotta spread the hashing around. |
“You can't be a real country unless you have a beer and an airline - it helps if you have some kind of football team, or some nuclear weapons, but in the very least you need a beer.”
― Frank Zappa
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dmzj4812
Member
Offline
Activity: 107
Merit: 10
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March 27, 2014, 05:04:04 PM |
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Already on the platform? Support POS coin, I will buy some!
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