[ANN]Citizencoin CTZ - NEW DEV. - NOW WALLET UPDATE SOON!!!

[placebo]

This guy is already mining CTZ for 1 day, he mine almost the same amount as the pre-mine coins...I think he need to donate some for donation or for charity

1      johntseng   1,157,365   7,945,600.281

[exterzyn]

This guy is already mining CTZ for 1 day, he mine almost the same amount as the pre-mine coins...I think he need to donate some for donation or for charity

1      johntseng   1,157,365   7,945,600.281

Look like he is in ctz.cryptopool.eu and swimming around ^^

[placebo]

This guy is already mining CTZ for 1 day, he mine almost the same amount as the pre-mine coins...I think he need to donate some for donation or for charity

1      johntseng   1,157,365   7,945,600.281

Look like he is in ctz.cryptopool.eu and swimming around ^^

As long it is a big whale that is in for it for the long run, i don't complain. Just bought a few CTZ again

[workminer]

out of sync.whats wrong?

[placebo]

out of sync.whats wrong?

Are you using the latest windows? Which block was the last block?

[fonzerrellie]

out of sync.whats wrong?

Are you using the latest windows? Which block was the last block?

I just closed mine loaded min up, synced up nice and fast

[regnevacs]

i can't log-in on this pool

http://ctz.suchpool.pw/

anyone having the same issue?

[dannyvjp]

Very low price on Bittrex - hopefully we can bolster it up.

Indeed....

Edit: You know... big players are first mining a lot of coins to try to hold down the price, so they put sell orders, and sell orders, and people are watching a coin and are saying, it is going lower i need to sell, hurry, but those same people are buying coins too, this result for more coins for them at a lower average price and then they start pumping and they make a lot of money ...

Glad I just bought some more Large number of total coins though... lowing that would obviously increase the price

Yes, it will , but that was how the coin was specs, when we are now lowering it already then people will complain about it, don't you think? And still if you go for a market cap of $1,000,000 then the coin will not trade at 30sats or so.

900 mil is to many, you see the prize dump? this is only on day 1..

Marketcap on 10 sat = Total:   43558.11 USD

Why is this coin 43k worth?

[PryptoMontreal]

i can't log-in on this pool

http://ctz.suchpool.pw/

anyone having the same issue?

Works here.

[placebo]

Very low price on Bittrex - hopefully we can bolster it up.

Indeed....

Edit: You know... big players are first mining a lot of coins to try to hold down the price, so they put sell orders, and sell orders, and people are watching a coin and are saying, it is going lower i need to sell, hurry, but those same people are buying coins too, this result for more coins for them at a lower average price and then they start pumping and they make a lot of money ...

Glad I just bought some more Large number of total coins though... lowing that would obviously increase the price

Yes, it will , but that was how the coin was specs, when we are now lowering it already then people will complain about it, don't you think? And still if you go for a market cap of $1,000,000 then the coin will not trade at 30sats or so.

900 mil is to many, you see the prize dump? this is only on day 1..

Marketcap on 10 sat = Total:   43558.11 USD

Why is this coin 43k worth?

Prices is always based on supply and demand. When selecting 1,000,000,000 coins as number of coins we didn't think that every coin will be worth $1 or so, this coin can trade higher in the future. There is a lot of work to be done, both by DEV and community.

[heirgrate]

Like a lot of fun, I will be mining this one.

[mikk2k2]

Reduction in total coins would send the price up... probably attract more folks too.

[placebo]

Reduction in total coins would send the price up... probably attract more folks too.

So what you guys already suggesting is... already modifying the coin after 1 day of launch... you know the price is not linked to the number of coins.

Below you will find a list of a few coins with more then 1,000,000,000 coins (in fact A LOT more) and they have a marketcap of $125000 or $500,000

22    Infinitecoin   $ 1,660,178   $ 0.000018   90,553,026,621 IFC   $ 5,477   +2.50 %   
6    Dogecoin   $ 36,274,754   $ 0.000461   78,670,821,278 DOGE   $ 853,423   +2.15 %   
44    Tickets   $ 412,784   $ 0.000006   66,876,281,414 TIX   $ 657   +5.11 %   
66    Karmacoin   $ 189,124   $ 0.000004   52,864,614,065 KARM   $ 558   -3.08 %   
35    Pandacoin (PND)   $ 579,050   $ 0.000018   31,978,860,820 PND   $ 10,454   +90.57 %   
79    microCoin   $ 127,428   $ 0.000005   27,437,466,714 MRC   $ 667   +3.23 %   
32    ReddCoin   $ 692,218   $ 0.000029   23,676,050,008 RDD   $ 7,542   -7.54 %   
29    Mintcoin   $ 808,025   $ 0.000042   19,092,029,890 MINT   $ 3,542   +11.27 %   
72    ECCoin   $ 166,699   $ 0.00001   16,873,389,049 ECC   $ 910   +8.79 %   
74    LeafCoin   $ 149,844   $ 0.00001   15,171,238,853 LEAF   $ 1,262   +117.98 %   
88    Kittehcoin   $ 103,075   $ 0.00001   10,431,283,918 MEOW   $ 2,697   +8.61 %   
56    Nas   $ 269,393   $ 0.000027   10,000,000,000 NAS*   $ 2,520   +14.77 %   


Yes, we will never trade at 10000sats.... but those it matter? You will never have 1,000,000 BTC too.

[placebo]

Reduction in total coins would send the price up... probably attract more folks too.

More folks? We have a difficulty of 50 and a network hashrate of 6,000Mh/s, i believe that is not too bad...

[Wolffish]

What is wrong with Linux qt?
I got error:

Code:

Cannot find file 'res/icons/mining.png'

Thanks

[placebo]

Some more people have turn off their miners on citizencoin, so this give better opportunities for the people with low hashrate to mine a decent amount of coins. We have taken 21 days POW just because of the reason that we know that there will be some less hashrate moments so that average people with low hashrate can mine a decent amount of coins.


Planning for next week:

1. Preparing workshop in Brussels, to discuss bitcoin and several other altcoins that include Citizencoin ofcourse.

2. Working on getting a multipool ready for Citizencoin.

3. Ungoing search for new exchanges (poloniex, mintpal, bter,...)

4. Discussing Citizencoin with a few big investors that i currently know from bitcointalks.

5. Launching World Cup 2014 Brasil (gambling).

[magpr]

Some more people have turn off their miners on citizencoin, so this give better opportunities for the people with low hashrate to mine a decent amount of coins. We have taken 21 days POW just because of the reason that we know that there will be some less hashrate moments so that average people with low hashrate can mine a decent amount of coins.


Planning for next week:

1. Preparing workshop in Brussels, to discuss bitcoin and several other altcoins that include Citizencoin ofcourse.

2. Working on getting a multipool ready for Citizencoin.

3. Ungoing search for new exchanges (poloniex, mintpal, bter,...)

4. Discussing Citizencoin with a few big investors that i currently know from bitcointalks.

5. Launching World Cup 2014 Brasil (gambling).

Good plans, good price to buy on POLO

[placebo]

Some more people have turn off their miners on citizencoin, so this give better opportunities for the people with low hashrate to mine a decent amount of coins. We have taken 21 days POW just because of the reason that we know that there will be some less hashrate moments so that average people with low hashrate can mine a decent amount of coins.


Planning for next week:

1. Preparing workshop in Brussels, to discuss bitcoin and several other altcoins that include Citizencoin ofcourse.

2. Working on getting a multipool ready for Citizencoin.

3. Ungoing search for new exchanges (poloniex, mintpal, bter,...)

4. Discussing Citizencoin with a few big investors that i currently know from bitcointalks.

5. Launching World Cup 2014 Brasil (gambling).

Good plans, good price to buy on POLO

Of the record ... I'm planning to buy a few millions if the price stay like this... I know what i can do for Citizencoin, i know that i will do my best for all investors/miners and of course including me.

A little disappointed with the very low price at the moment, but as i said, i will buy some and enjoy the new 0.1% daily interest. One day we will be on poloniex, one day we will be on mintpal... we are less then 2 days old...

[bullus]

How long does it take to mature the coins for staking?

[dannyvjp]

How long does it take to mature the coins for staking?

PoS interest 0.1% daily
1 day min. stake, 30 days full stake

I know its hard to read the first post