ASIACOIN...Block halving incoming! (Newest mintpal coin)

[TrollboxChamp]

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

[TrollboxChamp]

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 

[tekke]

Interesting coin, let's see how it develops.

[TTM]

actually newest mintpal coin is Noblecoin, it was added yesterday together with AC but 30 minutes later.

[daigitinasam]

Who gives a shit about noble. The future is in Asia

[kopam]

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]

Who gives a shit about noble. The future is in Asia

 

[malkbaby]

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

[TrollboxChamp]

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

I like the music. Its like nightmare before christmas. haha 

[qiwoman]

I am sitting only on 20k Asians i am a small fish but I hope it goes moonbound.

[TrollboxChamp]

It can only go up from here. So cheap right now

[Djinou94]

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

[tokyoghetto]

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]

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

[goldmann]

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.

[TrollboxChamp]

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]

Allright thanks