TTM
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May 01, 2014, 08:18:44 AM |
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Personally i think this coin should have longer PoW, just to attract more attention from public. Only 2 days of mining is too short.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Mrboot
Legendary
Offline
Activity: 1204
Merit: 1000
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May 01, 2014, 08:19:27 AM |
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This will hit the 3500 for sure again btw ppl need to be fast if they wanna have some nice pos block 11k incomming
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coine_smithe
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May 01, 2014, 08:21:28 AM |
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Personally i think this coin should have longer PoW, just to attract more attention from public. Only 2 days of mining is too short.
Ya it's really a shame PoW got cut short. There was real buzz going on and it definitely killed it.
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WhoCaresCoins
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May 01, 2014, 08:22:48 AM |
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Personally i think this coin should have longer PoW, just to attract more attention from public. Only 2 days of mining is too short.
2 days of mining is enough, ppl like POS nowadays.
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gpuminer
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May 01, 2014, 08:38:48 AM |
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Personally i think this coin should have longer PoW, just to attract more attention from public. Only 2 days of mining is too short.
Ya it's really a shame PoW got cut short. There was real buzz going on and it definitely killed it. A lot of people are mining from the beginning (like peak at around 35 gh average of 25 - 30 gh) , so 2 day or 5 to them is the same just that they save 3 days of mining time to get the same number coins. Anyway, the PoW is less than 30% of total coin so PoS is where the real mining begin. Buy some coins and start PoS mining. 10% daily interest for a limited period , after that 10% per year PoS. So its like u buy 10,000 SUM and u PoS mine 1,000 sum daily for a limited period of time. Read OP for more detail.
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WhoCaresCoins
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May 01, 2014, 08:44:31 AM |
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A lot of people are mining from the beginning (like peak at around 35 gh average of 25 - 30 gh) , so 2 day or 5 to them is the same just that they save 3 days of mining time to get the same number coins. Anyway, the PoW is less than 30% of total coin so PoS is where the real mining begin. Buy some coins and start PoS mining. 10% daily interest for a limited period , after that 10% per year PoS.
What 's an unfair!!
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gpuminer
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May 01, 2014, 08:45:07 AM |
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A lot of people are mining from the beginning (like peak at around 35 gh average of 25 - 30 gh) , so 2 day or 5 to them is the same just that they save 3 days of mining time to get the same number coins. Anyway, the PoW is less than 30% of total coin so PoS is where the real mining begin. Buy some coins and start PoS mining. 10% daily interest for a limited period , after that 10% per year PoS.
What 's an unfair!!
Nothing is fair. When u miss the train, u miss the train. When the price raise from 2k to 10k , u didnt get in and its unfair. Nothing is fair. U miss it means u miss it.
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ibinsad
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May 01, 2014, 08:53:33 AM |
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I have over 2k summercoins, but stake give me just 10 summercoins.
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gpuminer
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May 01, 2014, 08:55:06 AM |
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I have over 2k summercoins, but stake give me just 10 summercoins. Read OP carefully. I think most people here dont understand how PoS works.
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ibinsad
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May 01, 2014, 08:56:31 AM |
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I have over 2k summercoins, but stake give me just 10 summercoins. Read OP carefully. I think most people here dont understand how PoS works. Thank you
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gpuminer
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May 01, 2014, 08:58:21 AM |
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I have over 2k summercoins, but stake give me just 10 summercoins. Read OP carefully. I think most people here dont understand how PoS works. Thank you Ok. Give u a hint. Quote from OP Stake interest: First week: Nominal Stake Interest: 1% per Year, block 13441 to 26880: Nominal Stake Interest: 10% Daily, day 26881 to 86400: Nominal Stake Interest: 1% Daily, First year - 10%, second year - 5%, third year goes on - 2%
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ibinsad
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May 01, 2014, 09:03:48 AM |
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I have over 2k summercoins, but stake give me just 10 summercoins. Read OP carefully. I think most people here dont understand how PoS works. Thank you Ok. Give u a hint. Quote from OP Stake interest: First week: Nominal Stake Interest: 1% per Year, block 13441 to 26880: Nominal Stake Interest: 10% Daily, day 26881 to 86400: Nominal Stake Interest: 1% Daily, First year - 10%, second year - 5%, third year goes on - 2% We still at block 11k i understand , i think the price will rise until block 13k then after block 26k people will dump.
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Mrboot
Legendary
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Activity: 1204
Merit: 1000
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May 01, 2014, 09:08:35 AM |
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I have over 2k summercoins, but stake give me just 10 summercoins. Read OP carefully. I think most people here dont understand how PoS works. Thank you Ok. Give u a hint. Quote from OP Stake interest: First week: Nominal Stake Interest: 1% per Year, block 13441 to 26880: Nominal Stake Interest: 10% Daily, day 26881 to 86400: Nominal Stake Interest: 1% Daily, First year - 10%, second year - 5%, third year goes on - 2% We still at block 11k i understand , i think the price will rise until block 13k then after block 26k people will dump. It will deff be not smart to sell your coins atm for me its strange why the price went down a bit anyway it will go up and we will see so far i think its going well as planned but the selling is nice cause the coins are spreading And im getting them cheaper and cheaper
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XbladeX
Legendary
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Activity: 1302
Merit: 1002
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May 01, 2014, 09:15:47 AM |
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PS: yester dev was writing on 22pm so why people are talking that he is gone ??
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Request / 26th September / 2022 APP-06-22-4587
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XbladeX
Legendary
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Activity: 1302
Merit: 1002
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May 01, 2014, 09:16:31 AM |
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but the coin will come back?
The coin still has never gone. It's strong. that one... Give him sleep guys WTF... 8h without post and is gone (yea sure)...
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Request / 26th September / 2022 APP-06-22-4587
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ibinsad
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May 01, 2014, 09:18:42 AM |
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PS: yester dev was writing on 22pm so why people are talking that he is gone ?? Dev is not a robot
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XbladeX
Legendary
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Activity: 1302
Merit: 1002
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May 01, 2014, 09:22:06 AM |
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PS: yester dev was writing on 22pm so why people are talking that he is gone ?? Dev is not a robot Summer train mega pump in summer x100 possible because of summer ( better have good position today like with Asia train than cry later) BTW whales need cheap coins to pump so let them buy something too. Free market here.Evry coin have their 5m of pump at least. so what do u think will happend in future with that coin ?
do we need hold it or sell for 2k ?
i don't think it will rise to 10k , 5k is also to high for this let's face it, this is just another bc clone like white, cinni, colorcoin bs but all of them are great field to speculative pump. Problem is that when coin land to fast in top 20 like WC Asia i f. hard to pump higher. When coin like Sum in on 70+ coinmarket cap is much easier to pump. (and dump too ofc )... But pussibility of gain is much bigger. Buying Sum is like playing Dice game. With Sum x5 is possible in one week while WC is question able it would require a lot of $ before much more than for summer.
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Request / 26th September / 2022 APP-06-22-4587
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gpuminer
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May 01, 2014, 09:42:25 AM |
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PS: yester dev was writing on 22pm so why people are talking that he is gone ?? Dev is not a robot Summer train mega pump in summer x100 possible because of summer ( better have good position today like with Asia train than cry later) BTW whales need cheap coins to pump so let them buy something too. Free market here.Evry coin have their 5m of pump at least. so what do u think will happend in future with that coin ?
do we need hold it or sell for 2k ?
i don't think it will rise to 10k , 5k is also to high for this let's face it, this is just another bc clone like white, cinni, colorcoin bs but all of them are great field to speculative pump. Problem is that when coin land to fast in top 20 like WC Asia i f. hard to pump higher. When coin like Sum in on 70+ coinmarket cap is much easier to pump. (and dump too ofc )... But pussibility of gain is much bigger. Buying Sum is like playing Dice game. With Sum x5 is possible in one week while WC is question able it would require a lot of $ before much more than for summer. whales already collecting coins. Look at bittrex chart, u can see huge volume spike at certain point all absorb by buy order. People are spending 10s / 20s or even 40 btc to rent Gigahash rig to mine the coin. I bet whales are mining and buying coins at the same time. Its rather easy to collect summer coins when total coin supply is only 50 million ( less than blackcoin) and selling at this price. Like i mention on earlier post , when Chinese are involve on a coin, dont expect anything much in development because all the effort is spend in getting the price up.
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BruceLee007
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May 01, 2014, 09:42:54 AM |
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PS: yester dev was writing on 22pm so why people are talking that he is gone ?? Dev is not a robot There are always be some FUD in this btt forum. So don't mind them.
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gpuminer
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May 01, 2014, 09:51:24 AM |
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but the coin will come back?
The coin still has never gone. It's strong. that one... Give him sleep guys WTF... 8h without post and is gone (yea sure)... welcome to crypto. Most people think developer are bot not human.
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