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Author Topic: ASIACOIN...Block halving incoming! (Newest mintpal coin)  (Read 1957 times)
TrollboxChamp
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April 21, 2014, 06:31:55 PM
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On Wednesday the block reward will halve from 10000 to 5000 for the FINAL week of the POW phase and POS begins!


ANN thread: https://bitcointalk.org/index.php?topic=566870.0

IRC: #Asiacoin on irc.freenode.net

Website: http://theasiacoin.com/

Exchange: https://www.mintpal.com/market/AC/BTC

Mine: ipominer.com
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TrollboxChamp
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April 21, 2014, 07:07:50 PM
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It definitely has been fun to watch.

im most excited for the block reward halving and the last week of POW!

Things are heating up in crypto for sure  Cool
tekke
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April 21, 2014, 07:24:40 PM
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Interesting coin, let's see how it develops.

TTM
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April 21, 2014, 07:59:38 PM
 #4

actually newest mintpal coin is Noblecoin, it was added yesterday together with AC but 30 minutes later.
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April 21, 2014, 08:04:42 PM
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Who gives a shit about noble. The future is in Asia Cool
kopam
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April 21, 2014, 08:07:18 PM
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Been mining and buying AsiaCoin for the last few days, will continue do so till the end of the POW phase, the coin and its community really look great.
TrollboxChamp
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April 21, 2014, 08:27:53 PM
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Who gives a shit about noble. The future is in Asia Cool

 Grin
malkbaby
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April 21, 2014, 09:18:35 PM
 #8

TO THE MOON!!! Cheesy http://www.youtube.com/watch?v=ofR8CBovXwY&feature=youtu.be

@CryptoMalkbaby on twitter
TrollboxChamp
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April 21, 2014, 11:15:24 PM
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I like the music. Its like nightmare before christmas. haha  Cool
qiwoman
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April 21, 2014, 11:35:57 PM
 #10

I am sitting only on 20k Asians i am a small fish but I hope it goes moonbound. Grin
TrollboxChamp
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April 22, 2014, 12:16:59 AM
 #11

It can only go up from here. So cheap right now
Djinou94
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April 22, 2014, 12:26:59 AM
 #12

I dont undestand the hype
What Asiacoin have special? it's a pow/pos again
We have some much now
tokyoghetto
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April 22, 2014, 01:50:34 AM
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I dont undestand the hype
What Asiacoin have special? it's a pow/pos again
We have some much now


its the distribution model plus the interest payment. Multipools act like clearing houses for new minted coins. Since they have no interest in holding the coins, they sell at market allowing for proper price discovery. Savvy investors can buy coins at a discount during the PoW method. Any Return to the Mean Trader (think market maker/whales) is willing to take on huge risk as coins are being introduced to the market by buying during the PoW period.

 PoS 1st year 100% gives early adopters protection against drawdowns if they hold coins and PoS mine. you can't compare AC to BC or WC because Asiacoin has high interest for the first year. Blackcoin and Whitecoin have low interest in comparison which doesn't really reward investors, but only really allows for inflation.

TrollboxChamp
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April 22, 2014, 02:16:34 AM
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I dont undestand the hype
What Asiacoin have special? it's a pow/pos again
We have some much now


its the distribution model plus the interest payment. Multipools act like clearing houses for new minted coins. Since they have no interest in holding the coins, they sell at market allowing for proper price discovery. Savvy investors can buy coins at a discount during the PoW method. Any Return to the Mean Trader (think market maker/whales) is willing to take on huge risk as coins are being introduced to the market by buying during the PoW period.

 PoS 1st year 100% gives early adopters protection against drawdowns if they hold coins and PoS mine. you can't compare AC to BC or WC because Asiacoin has high interest for the first year. Blackcoin and Whitecoin have low interest in comparison which doesn't really reward investors, but only really allows for inflation.



Its crazy mining has become very commercial for scrypt. This is a by-product. Both how the coins get distributed and the 100% POS model.

Not to toot tokyo's horn but... Do check out his hobonickels journal out. I learned a lot from reading it!

https://bitcointalk.org/index.php?topic=406112.0
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April 22, 2014, 06:34:15 AM
 #15

I dont undestand the hype
What Asiacoin have special? it's a pow/pos again
We have some much now


a coin is as much worth as its community is active/growing and ppl are
ready to invest. asiacoin has a very interesting pos-rate and distribution model.

plus asiacoin showed us a solid base on the devs side and on the community growth.

so in my eyes this is reason enough for this coin to become VERY popular.
keep in mind how fast it got added to major exchanges and how popular it
is in china.

SHIBE: SQvANmKEkGa5Ypzdg7r94Ldjd5BTnTow6H
http://www.xtracoin.cz.cc
BTC: 1F7wGga1fVD9JJ995K8MiZJjyHSiJYSDPx
TrollboxChamp
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April 22, 2014, 10:38:38 AM
 #16

This is the cheapest AC will ever be.

Weve created 100 mil coins this week...and 50 mil more to go next week(block halving).


After POW:

1 million per week will be created from POS for the first year.

 (Demand is going to increase as supply drops.)
Djinou94
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April 22, 2014, 11:06:33 AM
 #17

Allright thanks
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