dbzenhosting
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April 22, 2014, 01:25:03 AM |
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So can someone fill me in, what happens in >100 blocks? Few coins per block? Value prob still going to keep climbing?
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templar77
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April 22, 2014, 01:25:34 AM |
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Why is no one talking about this coins horrible distribution? NXT had a distribution of less than a month which is still much higher than Cinni.
How will a coin with such a small distribution ever achieve widespread use?
This is obviously just a gimmick to make the coin appear scarce and valuable in the short term, but will only hurt it in the medium to long term.
It had a better distribution than many other pos coins even better than Nxt that's why noone is talking about that. If you need Cinnis you can bought the coins on any exchange available. Better than NXT? Are you kidding? Atleast you had plenty of time (relatively) to buy into NXT rather than 3 days for cinni. Especially over easter weekend when people are busy with their families. I could say the same thing about NXT, if you want them you could go buy them. But you won't, neither will anyone else. Why? Because who wants to use a currency that is controlled by such a small group of people? Learn to fucking economics. Cryptocurrencies are supposed to bring fairness to a corrupt and greedy financial system. Way to innovate Mr. Cinni. Welcome to proof-of-stake, all you've said is a fallacy. If you want to mine signup here: http://www.hashco.wsLearn to fucking economics. I study Economics and Political Science Regards
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Cinnical
Newbie
Offline
Activity: 28
Merit: 0
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April 22, 2014, 01:26:52 AM |
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So can someone fill me in, what happens in >100 blocks? Few coins per block? Value prob still going to keep climbing?
No more coins being mined means the only way to get more coins is to buy them. This removes the downward pressure from mining and lets the coin's value grow (like BC)!
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nrg_wolf
Legendary
Offline
Activity: 882
Merit: 1000
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April 22, 2014, 01:32:27 AM |
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are there anymore nodes? wallet wont seem to connect
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Cinnical
Newbie
Offline
Activity: 28
Merit: 0
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April 22, 2014, 01:33:04 AM |
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qiuxiang
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April 22, 2014, 01:34:02 AM |
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Why is no one talking about this coins horrible distribution? NXT had a distribution of less than a month which is still much higher than Cinni.
How will a coin with such a small distribution ever achieve widespread use?
This is obviously just a gimmick to make the coin appear scarce and valuable in the short term, but will only hurt it in the medium to long term.
It had a better distribution than many other pos coins even better than Nxt that's why noone is talking about that. If you need Cinnis you can bought the coins on any exchange available. Better than NXT? Are you kidding? Atleast you had plenty of time (relatively) to buy into NXT rather than 3 days for cinni. Especially over easter weekend when people are busy with their families. I could say the same thing about NXT, if you want them you could go buy them. But you won't, neither will anyone else. Why? Because who wants to use a currency that is controlled by such a small group of people? Learn to fucking economics. Cryptocurrencies are supposed to bring fairness to a corrupt and greedy financial system. Way to innovate Mr. Cinni. We can mine Cinni we can't mine NXT Cinni more fair!
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yavuzc78
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April 22, 2014, 01:34:52 AM |
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Remaining pow Blocks
23
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bruiser
Member
Offline
Activity: 68
Merit: 13
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April 22, 2014, 01:36:01 AM |
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Why is no one talking about this coins horrible distribution? NXT had a distribution of less than a month which is still much higher than Cinni.
How will a coin with such a small distribution ever achieve widespread use?
This is obviously just a gimmick to make the coin appear scarce and valuable in the short term, but will only hurt it in the medium to long term.
It had a better distribution than many other pos coins even better than Nxt that's why noone is talking about that. If you need Cinnis you can bought the coins on any exchange available. Better than NXT? Are you kidding? Atleast you had plenty of time (relatively) to buy into NXT rather than 3 days for cinni. Especially over easter weekend when people are busy with their families. I could say the same thing about NXT, if you want them you could go buy them. But you won't, neither will anyone else. Why? Because who wants to use a currency that is controlled by such a small group of people? Learn to fucking economics. Cryptocurrencies are supposed to bring fairness to a corrupt and greedy financial system. Way to innovate Mr. Cinni. Welcome to proof-of-stake, all you've said is a fallacy. If you want to mine signup here: http://www.hashco.wsLearn to fucking economics. I study Economics and Political Science Regards lol. Who said crypto's are supposed to bring "fairness"? Where did this idea come from that I see spewing out in the alt coin forums so often? What is "fairness"? Nobody said it was socialistcoin where we all get equal amount evenly distributed from some central authority. No matter what your medium of transfer is, someone/group will always end up benefitting more due to one advantage or another (informational/phsyical/whatever). I think many of you are confusing a de-centralized governing authority and fully transparent ledger with "fairness". Besides, if you think the coin has legs or might go somewhere--buy some. To be honest, buying some on the dips will probably give you more return than some of the miners renting the hash got. Not to mention significantly easier. Too many butthurt kids whining because they couldn't mine on their nvidia's during minute 1.
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yavuzc78
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April 22, 2014, 01:37:27 AM |
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Last Remaining pow Blocks
10
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Maestro1
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April 22, 2014, 01:38:23 AM |
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Almost done!
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If you're happy with our work on AsiaCoin revival, please consider giving us trust feedback and provide donations to the new AsiaCoin Foundation.BTC: 1LCsuAojeFqf5YamN9iiwEo3VJ9YM8HHjf
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Cinnical
Newbie
Offline
Activity: 28
Merit: 0
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April 22, 2014, 01:39:04 AM |
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1 BLOCK!
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templar77
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April 22, 2014, 01:39:18 AM |
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lol.
Who said crypto's are supposed to bring "fairness"? Where did this idea come from that I see spewing out in the alt coin forums so often? What is "fairness"? Nobody said it was socialistcoin where we all get equal amount evenly distributed from some central authority. No matter what your medium of transfer is, someone/group will always end up benefitting more due to one advantage or another (informational/phsyical/whatever).
I think many of you are confusing a de-centralized governing authority and fully transparent ledger with "fairness". Besides, if you think the coin has legs or might go somewhere--buy some. To be honest, buying some on the dips will probably give you more return than some of the miners renting the hash got. Not to mention significantly easier. Too many butthurt kids whining because they couldn't mine on their nvidia's during minute 1.
I know, lots of communists are coming into cryptocurrency
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dbzenhosting
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April 22, 2014, 01:39:23 AM |
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I got to this coin to late.. only have ~230 coins... only if i got on earlier.
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yavuzc78
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April 22, 2014, 01:40:48 AM |
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last block
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yavuzc78
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April 22, 2014, 01:44:13 AM |
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Remaining pow Blocks
9?
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jimlite
Legendary
Offline
Activity: 1848
Merit: 1018
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April 22, 2014, 01:46:05 AM |
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AND nothing F@CKIN happened
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templar77
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April 22, 2014, 01:47:23 AM |
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I changed this page since POW finished:
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coinfusion
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April 22, 2014, 01:48:26 AM |
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Mining for transaction fees only now? Still see PoW blocks getting accepted....
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nrg_wolf
Legendary
Offline
Activity: 882
Merit: 1000
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April 22, 2014, 01:48:33 AM |
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are there any more nodes for wallet. the only one seems to take its sweet ass time.
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