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Author Topic: [ ANN ] SAT² - A new dawn - PoS - No Premine  (Read 133141 times)
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moviejump
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July 01, 2014, 01:21:35 AM
 #1081

Any thoughts on what this coin will level out at
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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minimal
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July 01, 2014, 01:31:14 AM
 #1082

Any thoughts on what this coin will level out at

A couple pages back I called between 3-5k short term with a seamless transition... we seem to have had that, so I'm still confident that's the range.  There are a few folks here who seem to think we will get a big bump, but I just don't see it. There just isn't a catalyst for a rise.

Hopefully saturncoins, et all, keep grinding, and continue to build real, tangible value.

Either way, I'm holding my 200,000 Sat2 for sunnier days.

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moviejump
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July 01, 2014, 01:52:26 AM
 #1083

I suppose the miners will decide the value cryptsy is coming soon mint pal really stepped up with an amazing transfer
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July 01, 2014, 02:27:26 AM
 #1084

can i still convert my old sat coins to sat2 atm , or is it to late now
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July 01, 2014, 02:44:31 AM
 #1085

send the dev a pm to find out, sjens.

i'd be interested to know what happens to all the SAT1 that wasn't on MP or Cryptsy. are they gone for good? and if so does that mean we'll have even less than 7.7m in circulation?
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July 01, 2014, 02:45:18 AM
 #1086

I noticed mining for Sat1 is still going on. where do I send those sat as the exchanges have sat2?
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July 01, 2014, 04:29:03 AM
 #1087

just missed the conversion, how to exchange sat1 now ?

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July 01, 2014, 06:45:11 AM
 #1088

Why are people selling their SAT's at bottem prices at Mintpal? Seeing this happen hurts my hart.
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July 01, 2014, 07:26:02 AM
 #1089

Block explorer shows different difficulty than https://www.cryptopoolmining.com/v2/sat2/index.php?page=statistics&action=blocks

Which one is correct?

https://whattomine.com - Check what to mine Smiley
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July 01, 2014, 07:26:52 AM
 #1090

I've looked at the mintpal this morning, I saw SAT2 finally came and its price is 3000 Satoshi. I'd almost lose my mind because I've 350k SAT. It really broke my heart when I loged in to my account and realized that I have only 350 SAT2 now. Cheesy
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July 01, 2014, 07:41:33 AM
 #1091

From the whitepaper ANN:

Quote
Future developments
Our team is strongly committed to making ongoing improvements, mainly in terms of introducing
new innovation. Most of the steps we are taking today, are mainly focused on creating a new,
stronger foundation based on a new codebase and new team. This safeguards the future of
Saturncoin, and the new codebase enables us to build new features and innovation on top of it.
But there’s more, because we have not only been focusing on the switch to the PoS blockchain. We
have also been actively working on new unique features. While we believe that it makes a lot of
sense to incorporate innovations that were already made by others, the real value is to create new
unique features, and to be the first to implement it.
We are looking forward to attract vendors, because they are crucial for real world usage. To do so
the SAT² blockchain will be used not just to store information about transactions, but specific kinds
ofinformation related to transaction or people/entities involved, depending on what sellers need to be
sure about safety of transactions, and what sellers are willing to share.
In this way the use of SAT² will be safer and protected by the buyer-seller themselves, without any
central control. Informations stored in the blockchain, transaction after transaction, would build a
history building up transaction safety.
In parallel to this there will be another application, using the blockchain as an advanced
storage system for specific applications and distributed data services, but on this one we can’t reveal much
more at the moment.

The features that are being worked on are strongly geared towards real
-
world adoption, for usage by
anyone online (including t
hose who don’t use crypto directly at all). Think of open API integrations
into non
-
crypto systems (and think beyond the bounds of only transferring money). The possibilities
are endless. And the opportunities for bringing new concepts closer to the genera
l “non
-
crypto”
public are huge


Just to remind you all. Conversion SAT to SAT² was just phase one.
Tee current price is still bargain if you keep in mind what is coming.....


irc #crypto-tweakers
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July 01, 2014, 08:19:35 AM
 #1092

http://www.whattomine.com/coins/39-sat2-scrypt

Stats are from cryptopoolmining

https://whattomine.com - Check what to mine Smiley
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July 01, 2014, 08:39:34 AM
 #1093

Why are people selling their SAT's at bottem prices at Mintpal? Seeing this happen hurts my hart.

Don't worry too much. Once mining stops the price will be far higher especially when the devs start to let us know more about what they have planned and a road map for the coin. Once more details are released then more and more people will start talking about the coins.

With only 7.7m coins in total, PoW ending soon and plans for the coin in the future, (especially with what they may be planning in regards to adding other information to the block chain) then this coin should do very well indeed.

We also need to start getting more people involved in the IRC channel (#saturncoins), and talking about SAT2 in places like the Trollbox on Poloniex and on reddit

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richfinch
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July 01, 2014, 09:51:51 AM
 #1094

Could somebody tell me on here is it still okay to send coins from my Sat1 wallet to Mintpal to be converted to Sat2?

Thanks
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July 01, 2014, 10:52:20 AM
 #1095

Please, how do we excange old SAT in local wallet to new SAT2?
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July 01, 2014, 10:53:26 AM
 #1096

the math is simple.

what was the old saturn coin selling for - unless you are getting 10,000 times the value of the old coin you really got ripped off by this conversion and I personally would not convert and complain like hell.

the new coin immediately dropped in value and continues to drop.

who wants to do the math - I just did and looking at both difficulties and rewards, it's more profitable to mine the old coin and let it convert.

Smiley

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July 01, 2014, 11:31:33 AM
 #1097

Come mine SAT2 at DirtyDiggers.org!!


Code:
./cgminer -o http://www.dirtydiggers.org:3008 -u SbXYdeXyw3odwUVxV2EQZKJNbUryoz53zj -p 123

Payouts happen as soon as coins mature.


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richfinch
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July 01, 2014, 11:31:46 AM
 #1098

ohhh.....

I was getting mega excited as I've only just seen this conversion and I have 16000 sat 1 and was thinking at 4000satashis on Bittrex I had over 0.5btc worth!!  Shocked

Just been notified that I will only have 16 sat2  Sad

Big disappointment! Not really wort the hassle of converting.

I've looked at the mintpal this morning, I saw SAT2 finally came and its price is 3000 Satoshi. I'd almost lose my mind because I've 350k SAT. It really broke my heart when I loged in to my account and realized that I have only 350 SAT2 now. Cheesy
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July 01, 2014, 01:55:54 PM
 #1099

Is there a MAC wallet yet?  I have a MAC, and used to compile my own wallets, but upgraded to Mavericks and now no coin will compile any longer.

If someone knows the trick to compiling on Mavericks, I would be happy to share the file.  I have heard switching to Homebrew from Mac Ports would do it, but not sure that is accomplished either.

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July 01, 2014, 02:06:28 PM
 #1100

sat2=sad2  Cheesy no development pure manipulation

buy 1 2 3 sat sell 4 5 6 sat then sell wall and buy again. This coin hasnt done anything more since its first day.

the best idea about this coin was sent it to the ltc market on mintpal and kill it with speculators Cheesy

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