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Author Topic: [ANN]SummerCoin|POS|10% per day in 5 days|New wallet  (Read 162031 times)
cienki7
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May 01, 2014, 10:03:54 AM
 #2541

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.

haha, well said!

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UltraMegaMan
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May 01, 2014, 10:12:50 AM
 #2542

I have over 2k summercoins, but stake give me just 10 summercoins.  Huh

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%
Oh that clears it up, clear as Chinese mud. lol Cheesy
I made it a bit clearer, still a bit murky:

Stake interest:
1st week: 1% per annum
Block 13441 to 26880: 10% Daily
Block 26881 to 86400: 1% Daily
1st year: 10% per annum
2nd year: 5% per annum
3rd year: 2% per annum

So at the moment it is 1% per annum, not sure when the 1st week started or if 10% takes over when block 13441 is reached regardless of if the first week has ended - I would think so. I think what happens after block 86400 is that interest changes to 10% per annum.
Don't know when coins become mature.
monsterhash.me
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May 01, 2014, 10:17:17 AM
 #2543

Dear Miners,

We still have some SUM from you left in our Wallet, please withdraw the rest as we are starting a new pool on this server for JackpotCoin soon and remove the now unneeded SUM pool this evening.

https://summer.monsterhash.me

Thank you
gpuminer
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May 01, 2014, 10:18:05 AM
 #2544

how come summercoin not in mintpal voting list ?

Free SIGNs giving everyday. Be part, do not miss!. Sw4sYCL3h9NjLu1i9d6YSSsuQZQztFR7jW
gpuminer
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May 01, 2014, 10:19:05 AM
 #2545

I have over 2k summercoins, but stake give me just 10 summercoins.  Huh

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%
Oh that clears it up, clear as Chinese mud. lol Cheesy
I made it a bit clearer, still a bit murky:

Stake interest:
1st week: 1% per annum
Block 13441 to 26880: 10% Daily
Block 26881 to 86400: 1% Daily
1st year: 10% per annum
2nd year: 5% per annum
3rd year: 2% per annum

So at the moment it is 1% per annum, not sure when the 1st week started or if 10% takes over when block 13441 is reached regardless of if the first week has ended - I would think so. I think what happens after block 86400 is that interest changes to 10% per annum.
Don't know when coins become mature.

coin mature upon 24 hours block time.

Free SIGNs giving everyday. Be part, do not miss!. Sw4sYCL3h9NjLu1i9d6YSSsuQZQztFR7jW
unlock.mk
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May 01, 2014, 10:31:35 AM
 #2546

Why everyone sells SUM at very low price at Bittrex ?
It is going to be lower than 0.00001510 Huh?
zoata87
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May 01, 2014, 10:33:00 AM
 #2547

wts sum

pm me
cienki7
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May 01, 2014, 10:34:49 AM
 #2548

Why everyone sells SUM at very low price at Bittrex ?
It is going to be lower than 0.00001510 Huh?

relax, well known dump before pump

gpuminer
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May 01, 2014, 10:38:59 AM
 #2549

Why everyone sells SUM at very low price at Bittrex ?
It is going to be lower than 0.00001510 Huh?

it takes less than 10 BTC to support such low price. Whales are known to have over 100 BTC.

Free SIGNs giving everyday. Be part, do not miss!. Sw4sYCL3h9NjLu1i9d6YSSsuQZQztFR7jW
unlock.mk
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May 01, 2014, 10:40:56 AM
 #2550

What do you think ? When the pump is expected ? Should i buy some SUM now?
gpuminer
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May 01, 2014, 10:41:49 AM
 #2551

What do you think ? When the pump is expected ? Should i buy some SUM now?

buy what u can afford to lose.

It doesnt make any sense when the network reach an average of 25 gh and price goes down and that's it.

Free SIGNs giving everyday. Be part, do not miss!. Sw4sYCL3h9NjLu1i9d6YSSsuQZQztFR7jW
affection
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May 01, 2014, 10:42:32 AM
 #2552

Why everyone sells SUM at very low price at Bittrex ?
It is going to be lower than 0.00001510 Huh?
lower prices now, everyone can buy cheap,cheap

Teddy COIN -15%Free+75%IPO,Let's talk about Teddy.TcxLtXdEjuJohtudDygLb7LobhpAjqR3CS
Equate
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May 01, 2014, 10:44:11 AM
 #2553

What do you think ? When the pump is expected ? Should i buy some SUM now?

if you are willing to take the risk then buy, if not then leave it.
unlock.mk
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May 01, 2014, 10:46:31 AM
 #2554

What do you think ? When the pump is expected ? Should i buy some SUM now?

if you are willing to take the risk then buy, if not then leave it.
so you think that risk is big?
Do you think that price will not going to pump at all ?
affection
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May 01, 2014, 10:53:06 AM
 #2555

What do you think ? When the pump is expected ? Should i buy some SUM now?

if you are willing to take the risk then buy, if not then leave it.
so you think that risk is big?
Do you think that price will not going to pump at all ?
now price is much lower than the value of it, it is a good time to buy, i have already done so.

Teddy COIN -15%Free+75%IPO,Let's talk about Teddy.TcxLtXdEjuJohtudDygLb7LobhpAjqR3CS
gpuminer
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May 01, 2014, 10:54:52 AM
 #2556

there are only so many coins right now, how many coin can they dump. Only need a few btc to support the dump.

Free SIGNs giving everyday. Be part, do not miss!. Sw4sYCL3h9NjLu1i9d6YSSsuQZQztFR7jW
cienki7
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May 01, 2014, 10:57:23 AM
 #2557

shopping time!

unlock.mk
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May 01, 2014, 11:00:10 AM
 #2558

shopping time!
Shopping time but everyone is selling. ha
Philll90
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May 01, 2014, 11:00:42 AM
Last edit: May 01, 2014, 11:14:46 AM by Philll90
 #2559

What do you think ? When the pump is expected ? Should i buy some SUM now?

if you are willing to take the risk then buy, if not then leave it.
so you think that risk is big?
Do you think that price will not going to pump at all ?

I think that the bug in the diff adjustment is a disadvantage for the value of this coin, because the distribution was to short. In only 2 days it's also very hard to create a big and strong community around this coin. Now there are few bigger shareholders, instead of more smaller shareholders. The coin wasn't wide-spread good enough.

So expect that the people who got a lof of coins in this very short time will dump it for nice profits, because the mining was still much more profitable for them than mining other altcoins. Roughly all 15million SUM were mined in only 2 days, so you can expect that the few shareholders have tons of SUM, which they want to dump now.
affection
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May 01, 2014, 11:00:50 AM
 #2560

shopping time!
Cheesy Cheesy Cheesy

Teddy COIN -15%Free+75%IPO,Let's talk about Teddy.TcxLtXdEjuJohtudDygLb7LobhpAjqR3CS
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