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seattletu
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May 22, 2014, 11:22:25 PM |
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Donated some! Is there any plan to get PC on other exchanges for more exposure? And who is still dumping at these prices?
We are in the voting on Mintpal, so feel free to add a vote every now and then  And I don't think many people are watching this thread, and the ones that are have kept pretty quiet about all the announcements. We are all still accumulating more while it's low, I think, or atleast I am  I think most of the dumpers are coming from the last little pump. As per the usual altcoin impatient market, people buy when they see price/volume increase. And bail when it goes down. there's like 1 bitcoin worth of pinkcoin being traded on the only exchange. this coin is dead what are you talking about? |
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sumgye
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May 23, 2014, 01:02:49 AM
Last edit: May 23, 2014, 01:18:01 AM by sumgye |
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"If you don't have something nice to say, don't say anything at all." Why troll our coin when the boat hasn't even left the port yet, and you're still welcome to jump on board? The lack of volume is because people are waiting to see what happens. I promise, none of us working on this thing right now are dumping. None of us are using alt-names to push this coin. Why smear our reputations and not deliver? My advice to you, buy and hold, see what we deliver on, and you decide from there what you want to do. At the current price it doesn't exactly break the bank to buy up several thousand just to see what happens, you now? Of course, if you want to really take part in making the coin a success, ideas, suggestions, and anything you can do to help is always appreciated. I really like the idea of being able to buy Breast Cancer Awareness stuff with PinkCoins, for example, and that wasn't our idea, that came from gdavis024. Thanks for that! I kinda wish you had a pinkcoin address in your sig so I could tip you for it! EDIT: I just tracked down some of the dumping to twitter #PinkCoin. It seems there was a misunderstanding on the Multipool happening after Sonysasankan's post yesterday. We have the Multipool lined up, and the dev is willing to accept Pinkcoins for payment, but we need to build community support for one or it's just not going to help. How many coins flopped, got a multipool, and it just didn't help because nobody was interested in mining at it? We can't let that happen, as much as we love the coin. Support for the Multipool is completely independent of the relaunch and everything we have prepped for it anyway. It would just be another great feather to have in our cap. You know guys? Donated some! Is there any plan to get PC on other exchanges for more exposure? And who is still dumping at these prices?
We are in the voting on Mintpal, so feel free to add a vote every now and then And I don't think many people are watching this thread, and the ones that are have kept pretty quiet about all the announcements. We are all still accumulating more while it's low, I think, or atleast I am I think most of the dumpers are coming from the last little pump. As per the usual altcoin impatient market, people buy when they see price/volume increase. And bail when it goes down. there's like 1 bitcoin worth of pinkcoin being traded on the only exchange. this coin is dead what are you talking about? |
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(oYo)
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May 23, 2014, 02:00:50 AM |
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Could it be, people are holding onto coins and staking? And, those that are dumping might be a little freaked out about the announcement of a relaunch?
Perhaps addressing these issues will boost confidence. Are you still planning on exchanging old coins for new ones? Maybe updating the OP with this info (including the breast cancer campaign) will help too.
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sumgye
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May 23, 2014, 02:15:50 AM |
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Could it be, people are holding onto coins and staking? And, those that are dumping might be a little freaked out about the announcement of a relaunch?
Perhaps addressing these issues will boost confidence. Are you still planning on exchanging old coins for new ones? Maybe updating the OP with this info (including the breast cancer campaign) will help too.
Would update it if we could. Bigman's gone. Have to relaunch in a new thread. FWIW I'm staking:) |
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cryptoholic11
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May 23, 2014, 02:39:50 AM |
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Could it be, people are holding onto coins and staking? And, those that are dumping might be a little freaked out about the announcement of a relaunch?
Perhaps addressing these issues will boost confidence. Are you still planning on exchanging old coins for new ones? Maybe updating the OP with this info (including the breast cancer campaign) will help too.
Would update it if we could. Bigman's gone. Have to relaunch in a new thread. FWIW I'm staking:) I agree with oYo, this coin needs better publicity and more features. Is it possible for anybody, who was in contact with Bigman before, to PM him and maybe update the OP. Exchanging old coins with new coins sounds like a good idea also. Give the coin a makeover (maybe decrease the number of coins and trade in existing coins with the proper ratio). It might take a bit of work and the right devs to talk to but itll help the coin in the long run. Fundraisers are nice, but they will only provide short term exposure and possibly a brief spike in prices, but in the long run if this coin has no innovation over other alts/competitors, itll end up in the alt graveyard along with most of the alts out there. |
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fayoling
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May 23, 2014, 04:39:00 AM
Last edit: May 23, 2014, 04:57:36 AM by fayoling |
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Could it be, people are holding onto coins and staking? And, those that are dumping might be a little freaked out about the announcement of a relaunch?
Perhaps addressing these issues will boost confidence. Are you still planning on exchanging old coins for new ones? Maybe updating the OP with this info (including the breast cancer campaign) will help too.
Would update it if we could. Bigman's gone. Have to relaunch in a new thread. FWIW I'm staking:) I agree with oYo, this coin needs better publicity and more features. Is it possible for anybody, who was in contact with Bigman before, to PM him and maybe update the OP. Exchanging old coins with new coins sounds like a good idea also. Give the coin a makeover (maybe decrease the number of coins and trade in existing coins with the proper ratio). It might take a bit of work and the right devs to talk to but itll help the coin in the long run. Fundraisers are nice, but they will only provide short term exposure and possibly a brief spike in prices, but in the long run if this coin has no innovation over other alts/competitors, itll end up in the alt graveyard along with most of the alts out there. These things were all discussed a few pages back. The whole system is getting a makeover, new thread, new website etc... The publicity is minimal, because the updates/changes are not ready to go dancing around telling the world about yet. As for minimizing the amount of coins, that is also being considered, but will likely come into further discussion at a later date. So essentially, everything you just mentionned is already in play. Guess that should make you excited, right?  I would also like to note, that the people worried about the "dumping" are likely not doing their research. This coin was traded around 5-8 SAT's less than a week ago. The announcement caused a little pump, but like most alts, pulled in a bunch of people trying to catch the next quick buck. It is those people that you are seeing "dump". So in reality, this coin is trading at double what it was a week ago. So my guess is, anyone worried about this coin right now, or not seeing the positive in the future bought in during the last peak.  |
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sumgye
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May 23, 2014, 05:05:56 AM |
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Could it be, people are holding onto coins and staking? And, those that are dumping might be a little freaked out about the announcement of a relaunch?
Perhaps addressing these issues will boost confidence. Are you still planning on exchanging old coins for new ones? Maybe updating the OP with this info (including the breast cancer campaign) will help too.
Would update it if we could. Bigman's gone. Have to relaunch in a new thread. FWIW I'm staking:) I agree with oYo, this coin needs better publicity and more features. Is it possible for anybody, who was in contact with Bigman before, to PM him and maybe update the OP. Exchanging old coins with new coins sounds like a good idea also. Give the coin a makeover (maybe decrease the number of coins and trade in existing coins with the proper ratio). It might take a bit of work and the right devs to talk to but itll help the coin in the long run. Fundraisers are nice, but they will only provide short term exposure and possibly a brief spike in prices, but in the long run if this coin has no innovation over other alts/competitors, itll end up in the alt graveyard along with most of the alts out there. These things were all discussed a few pages back. The whole system is getting a makeover, new thread, new website etc... The publicity is minimal, because the updates/changes are not ready to go dancing around telling the world about yet. As for minimizing the amount of coins, that is also being considered, but will likely come into further discussion at a later date. So essentially, everything you just mentionned is already in play. Guess that should make you excited, right? I would also like to note, that the people worried about the "dumping" are likely not doing their research. This coin was traded around 5-8 SAT's less than a week ago. The announcement caused a little pump, but like most alts, pulled in a bunch of people trying to catch the next quick buck. It is those people that you are seeing "dump". So in reality, this coin is trading at double what it was a week ago. So my guess is, anyone worried about this coin right now, or not seeing the positive in the future bought in during the last peak. Thank you for the excellent analysis. The price is really just simmering right now. It's also worth noting that that bump to almost 30 sats was based on us talking about our plans. A full relaunch with us making good on our promises is going to have a much more dramatic effect. |
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fayoling
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May 23, 2014, 05:10:31 AM |
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From 7 SAT's to 30 SAT's just on the announcement of your plans, I look forward to when they are actually put into effect |
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fayoling
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May 23, 2014, 05:56:24 PM |
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Hey guys,
This is my first PoS where I have enough coins that I stake regularly. Would I be best to transfer all my coins out, and bring them back in as 1 transaction? I know that each transaction stakes on its own, so my staking is quite regular, but would it be more beneficial/profitable to have one big lumpsum transaction? or will the end results be the same?
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sumgye
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May 23, 2014, 06:03:03 PM |
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Hey guys,
This is my first PoS where I have enough coins that I stake regularly. Would I be best to transfer all my coins out, and bring them back in as 1 transaction? I know that each transaction stakes on its own, so my staking is quite regular, but would it be more beneficial/profitable to have one big lumpsum transaction? or will the end results be the same?
Its pretty much all the same, but if you move your coins their age will reset and you'll have to wait to start staking again. |
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fayoling
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May 23, 2014, 06:06:10 PM |
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Hey guys,
This is my first PoS where I have enough coins that I stake regularly. Would I be best to transfer all my coins out, and bring them back in as 1 transaction? I know that each transaction stakes on its own, so my staking is quite regular, but would it be more beneficial/profitable to have one big lumpsum transaction? or will the end results be the same?
Its pretty much all the same, but if you move your coins their age will reset and you'll have to wait to start staking again. I figured it was all the same, so technically, by converting into one large transaction, you actually lose by resetting your age. Besides, I enjoy seeing my wallet stake more often than not. So multiple transactions is much more fun anyways. Thanks Sumgye |
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sumgye
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May 23, 2014, 06:09:52 PM |
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Hey guys,
This is my first PoS where I have enough coins that I stake regularly. Would I be best to transfer all my coins out, and bring them back in as 1 transaction? I know that each transaction stakes on its own, so my staking is quite regular, but would it be more beneficial/profitable to have one big lumpsum transaction? or will the end results be the same?
Its pretty much all the same, but if you move your coins their age will reset and you'll have to wait to start staking again. I figured it was all the same, so technically, by converting into one large transaction, you actually lose by resetting your age. Besides, I enjoy seeing my wallet stake more often than not. So multiple transactions is much more fun anyways. Thanks Sumgye For what its worth they seem to stake at different times anyway. All my coins got moved from bittrex at the same time and I see new stakes in varying amounts all the time. |
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fayoling
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May 23, 2014, 06:31:59 PM |
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Hey guys,
This is my first PoS where I have enough coins that I stake regularly. Would I be best to transfer all my coins out, and bring them back in as 1 transaction? I know that each transaction stakes on its own, so my staking is quite regular, but would it be more beneficial/profitable to have one big lumpsum transaction? or will the end results be the same?
Its pretty much all the same, but if you move your coins their age will reset and you'll have to wait to start staking again. I figured it was all the same, so technically, by converting into one large transaction, you actually lose by resetting your age. Besides, I enjoy seeing my wallet stake more often than not. So multiple transactions is much more fun anyways. Thanks Sumgye For what its worth they seem to stake at different times anyway. All my coins got moved from bittrex at the same time and I see new stakes in varying amounts all the time. Yeah it is hard to say which is the best method, some testing/experimenting sounds like a requirement. One more question about staking, what is this about? Generated but not accepted?  |
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sumgye
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May 23, 2014, 06:36:18 PM |
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Hey guys,
This is my first PoS where I have enough coins that I stake regularly. Would I be best to transfer all my coins out, and bring them back in as 1 transaction? I know that each transaction stakes on its own, so my staking is quite regular, but would it be more beneficial/profitable to have one big lumpsum transaction? or will the end results be the same?
Its pretty much all the same, but if you move your coins their age will reset and you'll have to wait to start staking again. I figured it was all the same, so technically, by converting into one large transaction, you actually lose by resetting your age. Besides, I enjoy seeing my wallet stake more often than not. So multiple transactions is much more fun anyways. Thanks Sumgye For what its worth they seem to stake at different times anyway. All my coins got moved from bittrex at the same time and I see new stakes in varying amounts all the time. Yeah it is hard to say which is the best method, some testing/experimenting sounds like a requirement. One more question about staking, what is this about? Generated but not accepted? Your wallet either tried to generate while it was syncing, or you generated the coins earlier, but you closed your wallet before they had fully matured. At least that's been my experience with other POS coins, I've pretty much had my pinkcoin wallet up 24/7 for weeks now so I haven't really experienced it with pink:) |
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fayoling
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May 23, 2014, 06:39:36 PM |
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Hey guys,
This is my first PoS where I have enough coins that I stake regularly. Would I be best to transfer all my coins out, and bring them back in as 1 transaction? I know that each transaction stakes on its own, so my staking is quite regular, but would it be more beneficial/profitable to have one big lumpsum transaction? or will the end results be the same?
Its pretty much all the same, but if you move your coins their age will reset and you'll have to wait to start staking again. I figured it was all the same, so technically, by converting into one large transaction, you actually lose by resetting your age. Besides, I enjoy seeing my wallet stake more often than not. So multiple transactions is much more fun anyways. Thanks Sumgye For what its worth they seem to stake at different times anyway. All my coins got moved from bittrex at the same time and I see new stakes in varying amounts all the time. Yeah it is hard to say which is the best method, some testing/experimenting sounds like a requirement. One more question about staking, what is this about? Generated but not accepted? Your wallet either tried to generate while it was syncing, or you generated the coins earlier, but you closed your wallet before they had fully matured. At least that's been my experience with other POS coins, I've pretty much had my pinkcoin wallet up 24/7 for weeks now so I haven't really experienced it with pink:) Good to know, as per the usual, you guys are a great help. |
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grabciu
Member
 Offline
Activity: 84
Merit: 10
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May 23, 2014, 07:23:35 PM |
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just donated 234k PC for the multipool, it's on its way from bittrex, good luck  |
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(oYo)
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May 23, 2014, 08:03:17 PM |
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Hey guys,
This is my first PoS where I have enough coins that I stake regularly. Would I be best to transfer all my coins out, and bring them back in as 1 transaction? I know that each transaction stakes on its own, so my staking is quite regular, but would it be more beneficial/profitable to have one big lumpsum transaction? or will the end results be the same?
Its pretty much all the same, but if you move your coins their age will reset and you'll have to wait to start staking again. I figured it was all the same, so technically, by converting into one large transaction, you actually lose by resetting your age. Besides, I enjoy seeing my wallet stake more often than not. So multiple transactions is much more fun anyways. Thanks Sumgye For what its worth they seem to stake at different times anyway. All my coins got moved from bittrex at the same time and I see new stakes in varying amounts all the time. Yeah it is hard to say which is the best method, some testing/experimenting sounds like a requirement. One more question about staking, what is this about? Generated but not accepted? Your wallet either tried to generate while it was syncing, or you generated the coins earlier, but you closed your wallet before they had fully matured. At least that's been my experience with other POS coins, I've pretty much had my pinkcoin wallet up 24/7 for weeks now so I haven't really experienced it with pink:) Good to know, as per the usual, you guys are a great help. I think sumgye's original answer sums it up. No difference. Read this article on POS if you're still curious. It's pretty good. https://cryptocointalk.com/topic/700-proof-of-stake-explained-rough-draft/just donated 234k PC for the multipool, it's on its way from bittrex, good luck Wow! You are a real hero for the PC community! (No sarcasm intended either. I'm being sincere.) I've only got 5k PC.  |
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sumgye
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May 23, 2014, 08:05:57 PM |
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just donated 234k PC for the multipool, it's on its way from bittrex, good luck You rule man! Welcome to the group! Big things are about to happen. THANK YOU! |
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(oYo)
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May 23, 2014, 08:11:03 PM |
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I just learned about faucets last night. I'm sure I'll make far more PC from the faucet than I will from staking.  Except the PC faucet has been down all day.  |
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