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Author Topic: [ANN] Cinni | Mandatory: Convert your Cinni to Stakecoin. Instuctions posted.  (Read 739045 times)
TrollboxChamp
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April 24, 2014, 08:48:01 PM
 #1481

LOL guys most of the people in this earth will die without knowing what is Bitcoin and how Bitcoin transaction works in a simple windows machine and we are discussing about why dont everybody use linux to compile wallet hun?  Grin

Humans are short-sighted. We live in our own bubbles/realities!

I really like your insight tho. Seems like a lot of smart people in the cinni community. This is fantastic!
shai_
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April 24, 2014, 08:49:36 PM
 #1482

yeah i know how to compile wallets
but my trading skills... sucks
dumped all my coins at 5k Smiley
i knew i will regret it... but at least earned them in 5 minutes mining
Aur3
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April 24, 2014, 08:50:13 PM
 #1483

Well, you dont need actually to use only linux over windows, you could just use virtual pc on windows and install some ubuntu or fedora on that, if you got atleast 4GB of RAM, most today even cheapest laptops got that, it will run decent without lag.

Let's make a change. Change makes you better. Change makes you smarter. Change makes you healthier.
omahapoker
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April 24, 2014, 08:50:56 PM
 #1484

looks like it's go down to 13500. i hope it doesnt
Aur3
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April 24, 2014, 08:53:20 PM
 #1485

Over 1k BTC volume in less than 24hours! CINNI volume will become bigger than blackcoin in 24hours.

Let's make a change. Change makes you better. Change makes you smarter. Change makes you healthier.
nrg_wolf
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April 24, 2014, 08:53:58 PM
 #1486

looks like it's go down to 13500. i hope it doesnt
just means cheaper coins for all before the big push comes which we all know is comming. especially with such a limited coin like this, i dont see why cinni wouldnt break 100k honestly.
TrollboxChamp
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April 24, 2014, 09:04:40 PM
 #1487

looks like it's go down to 13500. i hope it doesnt
just means cheaper coins for all before the big push comes which we all know is comming. especially with such a limited coin like this, i dont see why cinni wouldnt break 100k honestly.

THE FEELS!! 100k i would probably EXPLODE!

Seriously tho. Cinni is redemption for all of us.
chesthing
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April 24, 2014, 09:05:58 PM
 #1488

This coin has the best name and the best logo ever. By far.
jamieb81
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April 24, 2014, 09:06:25 PM
 #1489

interesting coin but would like to have real data if there are real investors coming in

Fort Blox ‏@ftblox  3 h
#cinni coin is being reviewed by cryptsy... big investors are investigating coin and its features... more to come #cinnicoin
TrollboxChamp
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April 24, 2014, 09:06:56 PM
 #1490

This coin has the best name and the best logo ever. By far.

The logo looks so sexy on coinmarketcap.

Just look at it and then look at the others. It really is appealing
chesthing
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April 24, 2014, 09:07:07 PM
 #1491

looks like it's go down to 13500. i hope it doesnt
just means cheaper coins for all before the big push comes which we all know is comming. especially with such a limited coin like this, i dont see why cinni wouldnt break 100k honestly.
100k would be equal to BC 20k. Think bigger.
klopper
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April 24, 2014, 09:08:02 PM
 #1492


If you panic - YOU LOSE! Atleast 10x coming!
chesthing
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April 24, 2014, 09:08:11 PM
 #1493

This coin has the best name and the best logo ever. By far.

The logo looks so sexy on coinmarketcap.

Just look at it and then look at the others. It really is appealing
Just saying "cinnicoin" is cool. Say it out loud, then say "black coin"
klopper
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April 24, 2014, 09:18:47 PM
 #1494


Riddle: This is me - what am I?
jamieb81
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April 24, 2014, 09:20:16 PM
 #1495

care to explain what is so different with Cinni that it is better in long term than BC? I have not seen it yet?
TrollboxChamp
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April 24, 2014, 09:21:20 PM
 #1496

Why Cinni became so popular?

Nowadays only Bitcoin means a long term investments, almost nobody hold any altcoin for long term,
everybody there just want to make some quick cash or Bitcoin,
but could it be that some coin will appear that changes the investors mind to hold it for long term not just for daily trade?

Fact: Bitcoin is the gold of the new ear, everybody knows that, you can make any deflationary currency as you want, people won't change his mind, deflationary coins are Bitcoin, Litecoin, Dogecoin, NXT, ........
But why Bitcoin wortsh more than any of these? Because why would you want to invest in copper if you can invest it in gold.

Is Bitcoin an awesome value store thing? Yes as Gold is. But does this means there is no and won't be a better coin which can make you more profit?
Of course not, as Company stocks, Startup companies can offer you better profit return than if you would invest your money only in gold.

Economists says the perfect investment is what makes your children millionaire with big return while the overall increase rate of that thing is lower, so the return by the interest rate is much higher than the inflationary ratio.

Lets see a real life example, maybe we can apply it to the new cryptocurrency world:

Think of it like you are a wealthy man, doesn't matter where do you live. You have 1 000 000$, to where will you invest it?
You want hold the money there for 50 years, for your children, and remember the compound interest is a miracle.

1- Banks in USA, lets think they give you 1% interest rate, while the infaltionary rate is low as well.
With 1 000 000$ for 50 years you will get: 1 644 631$, it isn't as good, you made a low  profit.
But what about with the public money value?
Because not everybody leave their money on the Bank accounts, many don't even have savings, and many usually just spends it after they get his salary, the inflationary rate is rather less, so count with 0.5% inflation rate.
Assume the public have 1 000 000 000$, after 50 years this money is like 1 283 225 815 $, the inflationary rate is low, but low infaltion is good, so its not a problem.

Because the overall supply inflationary rate is low, you didn't lose much value after 50 years, but the problem is becasue your profit was low too, you didn't gain nice profit.
It isn't a good idea then to leave your money with this low interest rate, even if the money looks won't lose its value.


2- Banks in Indonesia, India
We have just seen low profit for low inflationary ratio isn't a good business, but what about if you get 10% interest rate or more?
With 1 000 000$ for 50 years and 10% interest rate: 117 390 852$
Is that good? SURE, sure everybody would want this big profit.

Okay but don't inves in it right now, see some infaltionary calculations, because of this big interest rate, the human mind, nobody knows why
but usually believe the inflationary rate is 10% or much more, like 15% or 20%. We have seen nations who had only 20% base interest rate with hyperinfaltion.

So the public still have 1 000 000 000$, after 50 years count with only 15% inflationary rate.
1 083 657 441 583$, just too much, too much, its worthless, you got a nice profit, but for a worthless thing. Its a bad investment.

3- What for now?? Do we have other options? Lets see what big investors in USA do, they don't leave their money on USA banks, nethier leave it in Indonesia banks. They try to find some EU banks, wtih interest rates between 3% and 10%.

Try something with 3.5% interest rate, with 1 000 000$ you will have 5 584 926$ after 50 years, its a nice profit, not as much as with the 2nd option but still nice.

But what about the overall public money? If the interest rate is low as this 3.5%, the infaltionary rate usually 1% or can be below that,
and as we seen 1% means almost nothing. 1 000 000 000$, after 50 years only 1 644 631 821$.

This is the best investment!
You can say, but with the high inerest rate I got more profit, yes you got but the inflationary rate is too high to gain a net profit,
and you can say but with 1% the inflationary rate was low, the money almost as value as was, or a little worse, yes but you got almost no profit for 50 years...

But with this 3rd option, The money almost as value as was, and still you have 5 times more value than you had.

Compare it with the crypto life:
What is Gold in crypto? Bitcoin of course. Is bitcoin good for long term investment? Sure. Is bitcoin good for daily trade? Sure.

What is the USA bank in crypto? One sample is Blackcoin, is it good for long term? As we seen nope.. Is it good for daily trade? Yes its very volatile.

What are the high interest investments? Like Whitecoin, Mintcoin, Asiacoin. They can be good for daily trade, but don't think about them as a long term investment.

And the 3rd, the best option, the EU banks with nice interest but still the inflationary rate is 1% or under:
Cinni, is it good for daily trade? Sure. But for long term investment? We have seen it is the best.

Somebody just made a new coin wich is 100% PoS, can't be destroyed, and gives you the best investment and almost the best value protector what is the dream of every investors and economists. So why Cinni become so popular? Because of this!

I just wrote down the facts, the take away is yours!


I agree. 3.5% is a very fair yet attractive number.

Cinnicoin excites me
mctaino
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April 24, 2014, 09:22:21 PM
 #1497

Why Cinni became so popular?

Nowadays only Bitcoin means a long term investments, almost nobody hold any altcoin for long term,
everybody there just want to make some quick cash or Bitcoin,
but could it be that some coin will appear that changes the investors mind to hold it for long term not just for daily trade?

Fact: Bitcoin is the gold of the new ear, everybody knows that, you can make any deflationary currency as you want, people won't change his mind, deflationary coins are Bitcoin, Litecoin, Dogecoin, NXT, ........
But why Bitcoin wortsh more than any of these? Because why would you want to invest in copper if you can invest it in gold.

Is Bitcoin an awesome value store thing? Yes as Gold is. But does this means there is no and won't be a better coin which can make you more profit?
Of course not, as Company stocks, Startup companies can offer you better profit return than if you would invest your money only in gold.

Economists says the perfect investment is what makes your children millionaire with big return while the overall increase rate of that thing is lower, so the return by the interest rate is much higher than the inflationary ratio.

Lets see a real life example, maybe we can apply it to the new cryptocurrency world:

Think of it like you are a wealthy man, doesn't matter where do you live. You have 1 000 000$, to where will you invest it?
You want hold the money there for 50 years, for your children, and remember the compound interest is a miracle.

1- Banks in USA, lets think they give you 1% interest rate, while the infaltionary rate is low as well.
With 1 000 000$ for 50 years you will get: 1 644 631$, it isn't as good, you made a low  profit.
But what about with the public money value?
Because not everybody leave their money on the Bank accounts, many don't even have savings, and many usually just spends it after they get his salary, the inflationary rate is rather less, so count with 0.5% inflation rate.
Assume the public have 1 000 000 000$, after 50 years this money is like 1 283 225 815 $, the inflationary rate is low, but low infaltion is good, so its not a problem.

Because the overall supply inflationary rate is low, you didn't lose much value after 50 years, but the problem is becasue your profit was low too, you didn't gain nice profit.
It isn't a good idea then to leave your money with this low interest rate, even if the money looks won't lose its value.


2- Banks in Indonesia, India
We have just seen low profit for low inflationary ratio isn't a good business, but what about if you get 10% interest rate or more?
With 1 000 000$ for 50 years and 10% interest rate: 117 390 852$
Is that good? SURE, sure everybody would want this big profit.

Okay but don't inves in it right now, see some infaltionary calculations, because of this big interest rate, the human mind, nobody knows why
but usually believe the inflationary rate is 10% or much more, like 15% or 20%. We have seen nations who had only 20% base interest rate with hyperinfaltion.

So the public still have 1 000 000 000$, after 50 years count with only 15% inflationary rate.
1 083 657 441 583$, just too much, too much, its worthless, you got a nice profit, but for a worthless thing. Its a bad investment.

3- What for now?? Do we have other options? Lets see what big investors in USA do, they don't leave their money on USA banks, nethier leave it in Indonesia banks. They try to find some EU banks, wtih interest rates between 3% and 10%.

Try something with 3.5% interest rate, with 1 000 000$ you will have 5 584 926$ after 50 years, its a nice profit, not as much as with the 2nd option but still nice.

But what about the overall public money? If the interest rate is low as this 3.5%, the infaltionary rate usually 1% or can be below that,
and as we seen 1% means almost nothing. 1 000 000 000$, after 50 years only 1 644 631 821$.

This is the best investment!
You can say, but with the high inerest rate I got more profit, yes you got but the inflationary rate is too high to gain a net profit,
and you can say but with 1% the inflationary rate was low, the money almost as value as was, or a little worse, yes but you got almost no profit for 50 years...

But with this 3rd option, The money almost as value as was, and still you have 5 times more value than you had.

Compare it with the crypto life:
What is Gold in crypto? Bitcoin of course. Is bitcoin good for long term investment? Sure. Is bitcoin good for daily trade? Sure.

What is the USA bank in crypto? One sample is Blackcoin, is it good for long term? As we seen nope.. Is it good for daily trade? Yes its very volatile.

What are the high interest investments? Like Whitecoin, Mintcoin, Asiacoin. They can be good for daily trade, but don't think about them as a long term investment.

And the 3rd, the best option, the EU banks with nice interest but still the inflationary rate is 1% or under:
Cinni, is it good for daily trade? Sure. But for long term investment? We have seen it is the best.

Somebody just made a new coin wich is 100% PoS, can't be destroyed, and gives you the best investment and almost the best value protector what is the dream of every investors and economists. So why Cinni become so popular? Because of this!

I just wrote down the facts, the take away is yours!

nice post
Mk2vr6
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April 24, 2014, 09:24:41 PM
 #1498


Riddle: This is me - what am I?

CinniFan - A fan of CinniCoin
birty555
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April 24, 2014, 09:25:23 PM
 #1499

Minor panic when updating my wallet - when i opened it to re-sync i had a really low balance! It has all come back now - looks like the coins that have been staked dont reappear in the balance until after the blocks for the mined stake have downloaded. Shared to avoid others having the same panic (unless you already knew and its just me finding out!)

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TrollboxChamp
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April 24, 2014, 09:25:36 PM
 #1500


Spelling and grammar could have used some polish.. but yes. Excellent post.

I think english is his second language. I wish i knew 2 languages  Lips sealed
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