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Author Topic: [ANN]Citizencoin CTZ - NEW DEV. - NOW WALLET UPDATE SOON!!!  (Read 64805 times)
madmartyk
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Yes I am a pirate, 300 years too late!


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May 20, 2014, 12:59:26 PM
 #601

It is cheaper to buy some coins at current price then when you have to mine it.

So take advantage of the low price too  Wink

Already have!!  In the pool I was avg 20 CTZ per block,  just went and bought 100,000 if them for almost nothing!!

placebo (OP)
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May 20, 2014, 12:59:49 PM
 #602

You can buy CTZ coins at


https://www.icurrex.com/market/51

and

https://bittrex.com/Market/Index?MarketName=BTC-CTZ
placebo (OP)
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May 20, 2014, 01:01:19 PM
 #603

It is cheaper to buy some coins at current price then when you have to mine it.

So take advantage of the low price too  Wink

Already have!!  In the pool I was avg 20 CTZ per block,  just went and bought 100,000 if them for almost nothing!!

Sometimes i really think that those people that are renting a rig are in fact running a lose.... i didn't do the calculations yet, but at the current price, i don't think they will make a lot of profit.
madmartyk
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May 20, 2014, 01:09:19 PM
 #604

It is cheaper to buy some coins at current price then when you have to mine it.

So take advantage of the low price too  Wink

Already have!!  In the pool I was avg 20 CTZ per block,  just went and bought 100,000 if them for almost nothing!!

Sometimes i really think that those people that are renting a rig are in fact running a lose.... i didn't do the calculations yet, but at the current price, i don't think they will make a lot of profit.

I think it's more of the get a million or two coins, and hope the hell it takes off.  AppleBytes was one like that.  I mined the crap out of it for 6 hours because no one else was hitting it.  Sold my 300K ABY for .7 BTC.  Now the price is back in the crapper.  Get in, Get out!!  It's all about timing.  I can hold CTZ for a while and see what happens.  Sold a bunch of really shitty shitcoins to pay for it!!  Cheesy

placebo (OP)
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May 20, 2014, 01:19:10 PM
 #605

It is cheaper to buy some coins at current price then when you have to mine it.

So take advantage of the low price too  Wink

Already have!!  In the pool I was avg 20 CTZ per block,  just went and bought 100,000 if them for almost nothing!!

Sometimes i really think that those people that are renting a rig are in fact running a lose.... i didn't do the calculations yet, but at the current price, i don't think they will make a lot of profit.

I think it's more of the get a million or two coins, and hope the hell it takes off.  AppleBytes was one like that.  I mined the crap out of it for 6 hours because no one else was hitting it.  Sold my 300K ABY for .7 BTC.  Now the price is back in the crapper.  Get in, Get out!!  It's all about timing.  I can hold CTZ for a while and see what happens.  Sold a bunch of really shitty shitcoins to pay for it!!  Cheesy

Smiley Yes, everything is based on timing ,the first coin that always move higher doesn't exists...
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May 20, 2014, 01:29:46 PM
 #606

Dear Citizencoin-Developer,

is this planned to have a yearly 44% pos interest ? Thats the result, if you stake your coins all the time. You get a yearly coin stake of 44%.


In my eyes this is a concern, because there will be a flood of coins forever. A daily 0,01% pos interest instead of 0,1% would be much more convenient and would result in a much more manageable coin economy.

Greetings
barryzand
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May 20, 2014, 01:30:15 PM
 #607

I remember you from the KDC community period.. Ill buy your coin.... If you put even more effort in this coin... its almost certain too take off... Wink
placebo (OP)
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May 20, 2014, 01:48:34 PM
 #608

I remember you from the KDC community period.. Ill buy your coin.... If you put even more effort in this coin... its almost certain too take off... Wink

Even more  Roll Eyes  Roll Eyes Working day is only 24 hours a day Cheesy
placebo (OP)
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May 20, 2014, 01:55:39 PM
 #609

I think i will buy some of my own coins, it is really too cheap Smiley
placebo (OP)
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May 20, 2014, 02:00:42 PM
 #610

Dear Citizencoin-Developer,

is this planned to have a yearly 44% pos interest ? Thats the result, if you stake your coins all the time. You get a yearly coin stake of 44%.


In my eyes this is a concern, because there will be a flood of coins forever. A daily 0,01% pos interest instead of 0,1% would be much more convenient and would result in a much more manageable coin economy.

Greetings

Why should it be a concern? Think of it... how many people are using altcoins at the moment? Will we have a grown of more then 44% yearly? I believe that we are growing more then 100%, i mean, new investors, new people using altcoins, etc. You can also think of it differently. How much do you receive in a bank account 1-2%?

Now why not put some money in CTZ coin and leave it for one year, you don't have to do anything, just keep your wallet open, and the only think that needs to happen is increase in demand for the coin, all coins will be mine, so nothing available, people will hold in wallet, so nothing available, hype CTZ to the moon, and everybody rich. Ok, the last part you can maybe skip Smiley but i believe you see the picture...
yavuzc78
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May 20, 2014, 02:03:58 PM
 #611


placebo (OP)
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May 20, 2014, 02:06:32 PM
 #612

Still pretty impressed with the hashrate... Net:   14,575.82   Mh/s


Normally you have some nice hashrates the first hours,but now we are talking about the first whole day... little disappointed about the price, or maybe not, i just bought some coins Cheesy
CryptoPoolSupport
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May 20, 2014, 02:08:16 PM
 #613

Still pretty impressed with the hashrate... Net:   14,575.82   Mh/s


Normally you have some nice hashrates the first hours,but now we are talking about the first whole day... little disappointed about the price, or maybe not, i just bought some coins Cheesy

If all that mined the coin would buyu for just 0.1 BTC it would skyrocket... and more buyers would see the coin. So... :-)
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May 20, 2014, 02:09:52 PM
 #614

Dear Citizencoin-Developer,

is this planned to have a yearly 44% pos interest ? Thats the result, if you stake your coins all the time. You get a yearly coin stake of 44%.


In my eyes this is a concern, because there will be a flood of coins forever. A daily 0,01% pos interest instead of 0,1% would be much more convenient and would result in a much more manageable coin economy.

Greetings

Why should it be a concern? Think of it... how many people are using altcoins at the moment? Will we have a grown of more then 44% yearly? I believe that we are growing more then 100%, i mean, new investors, new people using altcoins, etc. You can also think of it differently. How much do you receive in a bank account 1-2%?

Now why not put some money in CTZ coin and leave it for one year, you don't have to do anything, just keep your wallet open, and the only think that needs to happen is increase in demand for the coin, all coins will be mine, so nothing available, people will hold in wallet, so nothing available, hype CTZ to the moon, and everybody rich. Ok, the last part you can maybe skip Smiley but i believe you see the picture...

so its working as intended to create 410 million new citizen coins per year through staking?
placebo (OP)
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May 20, 2014, 02:14:15 PM
 #615

Dear Citizencoin-Developer,

is this planned to have a yearly 44% pos interest ? Thats the result, if you stake your coins all the time. You get a yearly coin stake of 44%.


In my eyes this is a concern, because there will be a flood of coins forever. A daily 0,01% pos interest instead of 0,1% would be much more convenient and would result in a much more manageable coin economy.

Greetings

Why should it be a concern? Think of it... how many people are using altcoins at the moment? Will we have a grown of more then 44% yearly? I believe that we are growing more then 100%, i mean, new investors, new people using altcoins, etc. You can also think of it differently. How much do you receive in a bank account 1-2%?

Now why not put some money in CTZ coin and leave it for one year, you don't have to do anything, just keep your wallet open, and the only think that needs to happen is increase in demand for the coin, all coins will be mine, so nothing available, people will hold in wallet, so nothing available, hype CTZ to the moon, and everybody rich. Ok, the last part you can maybe skip Smiley but i believe you see the picture...

so its working as intended to create 410 million new citizen coins per year through staking?

Yes, that is the plan.... look, with a other coin there is also somekind of dilution and people need to keep on spending electricity to mine it, here there is indeed also a dilution but without any cost. It is my responsibility to make sure that more and more people want to buy CTZ so that the price doesn't drop by 44%.
placebo (OP)
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May 20, 2014, 02:15:12 PM
 #616

Still pretty impressed with the hashrate... Net:   14,575.82   Mh/s


Normally you have some nice hashrates the first hours,but now we are talking about the first whole day... little disappointed about the price, or maybe not, i just bought some coins Cheesy

If all that mined the coin would buyu for just 0.1 BTC it would skyrocket... and more buyers would see the coin. So... :-)

 Grin  Grin  Grin Indeed.... Net:   18920.70   Mh/s

And it is much cheaper to buy too almost 20000 Mh/s again..
placebo (OP)
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May 20, 2014, 02:18:15 PM
 #617

Difficulty again above 100

3363   2014-05-20 14:15:24   4   47485.918432   101.866   37575088   0.195324   18.6627   70.8106%
Wexlike
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May 20, 2014, 02:19:51 PM
 #618

alright, thank you for your answer Smiley
placebo (OP)
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May 20, 2014, 02:30:54 PM
 #619

Are you still "busy" placebo  Roll Eyes
where is the bounty.

2 seconds to paste the address and send.

Indeed, still waiting for your address Cheesy
placebo (OP)
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May 20, 2014, 02:35:39 PM
 #620

Are you still "busy" placebo  Roll Eyes
where is the bounty.

2 seconds to paste the address and send.

Indeed, still waiting for your address Cheesy

CPBixMqDY7warP1TkpD4GbVaJUJHdK21zW

Should be in your wallet:)
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