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Author Topic: [ANN] Cinni | Mandatory: Convert your Cinni to Stakecoin. Instuctions posted.  (Read 739045 times)
newra
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May 07, 2014, 01:44:30 AM
 #3281

Does the "10K per wallet" limit exist today or its a thing for the future ?
David Latapie
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May 07, 2014, 01:48:05 AM
Last edit: May 07, 2014, 02:06:39 AM by David Latapie
 #3282

Meanwhile, David and I move on to other coins and continue to rake in the BTC profit.
I'd like it to be that simple (and I hope it will be in the future) but it was not that pretty. I would like to share this part with you too, so that you learn from my mistakes.

Despite all of my mistakes (and stress), I managed to get a 200% profit out of BC. But then I made it horribly wrong. And I know at least one other person who did the exact same mistake as I did, so it will probably happen to you too!

Here's the story: once I sold my BC, I still looked at BC price. It could go up again, after all - rise and fall happened so often before (granted, never the high and the low - that was the Famous Last Pump but I did not know it by then). So, I started to buy back urgently (panic buy) and then it was a false alarm and when I realised it, I panic sold. I did it three times and I ended up being negative.

What do I want to tell you here? This:
After the Famous Last Pump, Leave and don't go back! You will be tempted too. It was a hell of a ride, you made friends on the forum, it can't just stop like that, bla bla bla. Bull traps are called "trap" for a reason.

So please, don't lose in 2 hours what you spent weeks accumulating. It is painful, believe me. The pain of losing is more intense than the joy of winning.

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btcprice
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May 07, 2014, 01:53:27 AM
 #3283

Meanwhile, David and I move on to other coins and continue to rake in the BTC profit.
I'd like it to be that simple (and I hope it will be in the future) but it was not that pretty. I would like to share this part with you too, so that you learn from my mistakes.

Despite all of my mistakes (and stress), I managed to get a 200% profit out of BC. But then I made it horribly wrong. And I know at least of other person who did the exact same mistake as I did, so it will probably happen to you too!

Here's the story: once I sold my BC, I still looked at BC price. I could go up again, after all So, I started to buy back urgently (panic buy) and then it was a false alarm and when I realised it, I panic sold. I did it three times and I ended up being negative.

What do I want to tell you here? This:
After the Famous Last Pump, Leave and don't go back! You will be tempted too. It was a hell of a ride, you made friends on the forum, it can't just stop like that, bla bla bla. Bull traps are called "trap" for a reason).

So please, don't lose in 2 hours what you spent weeks accumulating. It is painful, believe me. The pain of losing is more intense than the joy of winning.

That's exactly what happened to me with Quark. Everyone was pumping QRK. "It will be back up...It's such a secure coin...It will be at $1 in no time..." (It went to 30 cents at one time.)

Never again. When BC crashed I got out. When DRK crashed I got out. When AsiaCoin crashed I got out.
David Latapie
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May 07, 2014, 02:03:38 AM
Last edit: May 07, 2014, 02:28:56 AM by David Latapie
 #3284

Meanwhile, David and I move on to other coins and continue to rake in the BTC profit.
So that means you will soon move past CINNI as well....

Nanos gigantum humeris insidentes (dwarfs standing on the shoulders of giants).

Cinni innovated. Its good idea will be reused in new coins. This is a Darwinian process. Coin innovate, get rewarded for it by making their holders rich. Then they reach a plateau after Famous Last Pump, people move to other coins. Said other coins (dwarf) take the good ideas of the previous coin (giant) and the cycle continues.

Peercoin started PoS
NovaCoin started HiPoS
MintCoin started FastPoS
BlackCoin started AltMultipool
Cinni started Limitation of Money
See a trend here?

Miners get rewarded for securing the blockchain with money. Private interest meets public interest.
Innovating coins get rewarde for improving coins with money (price raising). Again, private interest meet public interest.
In the end, coins are getting better and better. Compare I0coin with today's coins.
Darwin.

Yes, I will move past CINNI as I moved past BlackCoin and I will past other - and you should too. Remember, if the price rises, it is also because I bought some. The real losers are the one buying too late (yes, finance is fundamentally unfair because it is a zero-sum game: for you to get money during the Famous Last Pump, someone must be sacrified and hold he bag).

That being said, there is something that will survive: the person you talked with, the people you met. Three days ago, I met a mintcoiner from Austria, on holidays in Paris where I live. We had a great time, we spoke about how to fulfill the cause of MintCoin (sustainable development). Because there is a life after the dump.

Let me finish with what I said to Blackcoiners after their Famous Last Pump:

My advice: find yourself a goal. Mintcoin's goal is sustainable development - and I can tell you it is much more important now than in February when money was al that counted (even for me). Blackcoin has the opportunity to find its own goal - for a while, I believe it was possible to replace LTC and it should be something to do, since LTC is PoW and pollutes the planet.

Believe my experience from Mintcoin: the next days will be the harshest ones. Then your morale will rise again because you will find yourself a new goal. Look at the Kubler-Ross model on the five stages of grief. Blackcoin for now is somewhere between Denial and Bargaining. The next days will be Depression - that's the harsh part. Then I have a good news: the final stage of Acceptance will make you feel better. Some will move on to other things and the hardcore community will find itself a new goal.

Keep on going, Blackcoiners. Look for your goal. It awaits you.

Remember it when CINNI will experience its Famous Last Pump. Meanwhile, you have some massive money to make Smiley

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David Latapie
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May 07, 2014, 02:11:44 AM
Last edit: May 07, 2014, 02:30:11 AM by David Latapie
 #3285

Never again. When BC crashed I got out. When DRK crashed I got out. When AsiaCoin crashed I got out.
This is what creates bonds, BTCPrice Smiley Surviving several crisis.
War crises, family crisis or, in our case, coin crisis. In the regular financial world, those who trade up to 5 years (seems to be the max) dub themselves "survivors". True story Smiley

And then you start feeling different from the masses of overenthusiastic people. But you don't blame then, because you used to be one of them. And you know that it is part of the journey of initiation. The ignorant of today is the wise man of tomorrow.

Glad to meet you Smiley

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
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btcprice
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May 07, 2014, 02:24:53 AM
 #3286

Never again. When BC crashed I got out. When DRK crashed I got out. When AsiaCoin crashed I got out.
This is wat creates bonds, BTCPrice Smiley Surviving several crisis.
War crises, family crisis or, in our case, coin crisis. In the regular financial world, those who trade up to 5 years (seems to be the max) dub themselves "survivors". True story Smiley

And then you start feeling different from the masses of overenthusiastic people. But you don't blame then, because you used to be one of them. And you know that it is part of the journey of initiation. The ignorant of today is the wise man of tomorrow.

Glad to meet you Smiley

Nice to meet you as well David.
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May 07, 2014, 02:41:36 AM
 #3287

Cinnicoin looking strong. I'm not selling anytime soon.
fox19891989
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May 07, 2014, 02:44:27 AM
 #3288

AC instamine, WC wallet problem&premine, BC foundation scandal, CINNI no negative news, now is just a prepump to da moon Cool Shocked Shocked Grin
shamust
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May 07, 2014, 02:48:44 AM
 #3289

What are all of the buy/sell orders for 1 CINNI trying to achieve?
dbzenhosting
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May 07, 2014, 02:49:49 AM
 #3290

I sold 100 by an accident... some coins much appreciated Smiley
JVMTwgP7oEEksZWmepSy1F5NfSZHo2WSNs


CINNI looking strong. Keep it up!
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May 07, 2014, 02:56:21 AM
 #3291

Does the "10K per wallet" limit exist today or its a thing for the future ?

dev though u might misunderstand, to be clear the limit is not implemented yet
and theres no limit on how much you can hold in your wallet.  the 10k limit was meant to be for the amount that can be staked i think but no coin has this feature yet. and even if it were implemented in future most people would break that up so they get multiple stakes and support the network better.

 If you already sent 10k to your wallet and intend to hold, then in 3 days it will stake, after that you will 2 separate amounts/inputs of 5k which will stake again in 3 days if u leave or open your wallet then. after this 4 x 2.5k separate inputs waiting to be generate more stake in another 3 days time.  If it gets too small you might want sweep to another account in a few months, otherwise they all help keep the network fast and regular.

it also compounds with the interest you get for stake so you get more cinni over time vs opening every 100 days to claim the max.

Stay Safe and use NO KYC exchanges ■ Craig Wright is NOT Satoshi  ■
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Dmann
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May 07, 2014, 03:03:48 AM
 #3292

Do you think it's too late to buy some CINNI? I'm holding 100 that a bought at 0.00010100 but now it's much high that I'm not sure if I should buy some more now or wait for another dip then buy some more in. I appreciate any opinions you have to share.
devachelekar
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May 07, 2014, 03:05:02 AM
 #3293

Do you think it's too late to buy some CINNI? I'm holding 100 that a bought at 0.00010100 but now it's much high that I'm not sure if I should buy some more now or wait for another dip then buy some more in. I appreciate any opinions you have to share.

Buy more as there are only 15 mil. coins. Do not sell untill it reaches to dollar 1 or may be more.
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May 07, 2014, 03:11:55 AM
 #3294

Do you think it's too late to buy some CINNI? I'm holding 100 that a bought at 0.00010100 but now it's much high that I'm not sure if I should buy some more now or wait for another dip then buy some more in. I appreciate any opinions you have to share.

Buy more as there are only 15 mil. coins. Do not sell untill it reaches to dollar 1 or may be more.

+1

This is drastically undervalued, hence the recent movement. It still has a long way to go, even before this run is over.
newra
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May 07, 2014, 03:16:24 AM
 #3295

Does the "10K per wallet" limit exist today or its a thing for the future ?

dev though u might misunderstand, to be clear the limit is not implemented yet
and theres no limit on how much you can hold in your wallet.  the 10k limit was meant to be for the amount that can be staked i think but no coin has this feature yet. and even if it were implemented in future most people would break that up so they get multiple stakes and support the network better.

 If you already sent 10k to your wallet and intend to hold, then in 3 days it will stake, after that you will 2 separate amounts/inputs of 5k which will stake again in 3 days if u leave or open your wallet then. after this 4 x 2.5k separate inputs waiting to be generate more stake in another 3 days time.  If it gets too small you might want sweep to another account in a few months, otherwise they all help keep the network fast and regular.

it also compounds with the interest you get for stake so you get more cinni over time vs opening every 100 days to claim the max.

Thanks for the clarification. Appreciate you spending the time to explain it.
I do understand (I think Smiley) how PoS works, but just wasn't sure about the 10K limit I was hearing about in multiple posts here.
fox19891989
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May 07, 2014, 03:21:50 AM
 #3296

Do you think it's too late to buy some CINNI? I'm holding 100 that a bought at 0.00010100 but now it's much high that I'm not sure if I should buy some more now or wait for another dip then buy some more in. I appreciate any opinions you have to share.

Buy more as there are only 15 mil. coins. Do not sell untill it reaches to dollar 1 or may be more.

+1

This is drastically undervalued, hence the recent movement. It still has a long way to go, even before this run is over.

Right, many days ago, when CINNI was 6k-11k, I said many times dumpers would cry in the thread, lol, everyone can see my judge is always true.

In a month, CINNI will be 100k very easily Cool (I am an experienced alt-coin trader)
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May 07, 2014, 03:26:59 AM
 #3297

Do you think it's too late to buy some CINNI? I'm holding 100 that a bought at 0.00010100 but now it's much high that I'm not sure if I should buy some more now or wait for another dip then buy some more in. I appreciate any opinions you have to share.

Buy more as there are only 15 mil. coins. Do not sell untill it reaches to dollar 1 or may be more.

+1

This is drastically undervalued, hence the recent movement. It still has a long way to go, even before this run is over.

Right, many days ago, when CINNI was 6k-11k, I said many times dumpers would cry in the thread, lol, everyone can see my judge is always true.

In a month, CINNI will be 100k very easily Cool (I am an experienced alt-coin trader)

I will take your word for it! have few cinnis and i have thesame wish:) over the 100k.. lets go over the rainbow!:)
YoyodyneSystems
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May 07, 2014, 03:38:29 AM
 #3298

If you look above 20k satoshi there is little resistance to 30k and beyond.

hmmmm...

I wouldn't be selling anytime soon.
That huge buyout you saw in the 15k sat area will happen again around 19-20k at some point sooner or later.
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May 07, 2014, 03:42:14 AM
 #3299

If you look above 20k satoshi there is little resistance to 30k and beyond.

hmmmm...

I wouldn't be selling anytime soon.

Lets go easy.. cinni made a lot this week allready..
Fast up can make fast down and we want go just up!
Over 20k and make stable floor would be ql!
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May 07, 2014, 04:00:19 AM
 #3300

Do you think it's too late to buy some CINNI? I'm holding 100 that a bought at 0.00010100 but now it's much high that I'm not sure if I should buy some more now or wait for another dip then buy some more in. I appreciate any opinions you have to share.

Buy more as there are only 15 mil. coins. Do not sell untill it reaches to dollar 1 or may be more.

+1

This is drastically undervalued, hence the recent movement. It still has a long way to go, even before this run is over.

Right, many days ago, when CINNI was 6k-11k, I said many times dumpers would cry in the thread, lol, everyone can see my judge is always true.

In a month, CINNI will be 100k very easily Cool (I am an experienced alt-coin trader)

I will take your word for it! have few cinnis and i have thesame wish:) over the 100k.. lets go over the rainbow!:)

I have bought some Cinni, and hope i can earn a little btc to make up for the previous loss.
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