[AC] AsiaCoin | Pure PoS | 100% Interest

[syrota]

Why mintpal started at 800 satoshi? Its too expensive to make a good profit  
Webpage - not working, block explorer - not working, many transactions - void or invalid, so why the hell they opened with 400.000 USD market cap??? This belongs to coins which already deserved it. The price 0.05 BTC for 1 million as someone described, would be absolutelly OK. I bet it would not stay at 800 sat if mintpal set opening price to 1 satoshi.

Some corrections:

1. Website IS indeed working with up-to-date news, specification, comprehensive FAQ and download links for wallets.
2. Block explorer, we have paid a respectable and trustworthy developer of block explorers here to create a block explorer for us. We have the beta functionality up and running (we shared it with all services, exchanges, etc that asked), but it's not fully ready for a public release. Many altcoins right now do not have a working block explorer, at least we are transparent about it and have explained that we paid a professional to do one for us.
3. There are no invalid transactions and since when too many valid transactions are a bad sign?
4. Exchanges don't set the price, people do.

Your first line says it all: It's too expensive to make a good profit which indeed confirms you're trying to buy low and sell later at a high price. I have nothing to add. If you truly believed that the real value of AsiaCoin is 0.05 BTC for 1m, you wouldn't have said that or considered buying now to make a profit out of it

I leave it to the readers and community to see through it.

+1000 Maestro

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[Maestro1]

I truly compare asia coin with e. g. pandacoin (PND) which made it these days to grow 40 times in a week.

Asiacoin has 400.000 USD market cap instantly after relaunch even if many people are cashing out rewards (those who bought really cheap out of exchanges). The effects of dumps (cashing incredible rewards) vs. pumps (people hoping in future growth) are ballanced now.
Asiacoin previous "devs" scammed people and destroyed the coin reputation and the coin itself.
Asiacoin has not working webpage with explorer so its hard to verify anything. Only promise and alpha-version which doesnt mean full operation.
When i open asiacoin webpage at coinmarketcap it opens nothing. Page not found.
Asiacoin was taken over by community - this is OK.

vs.

Pandacoin has marketcap slightly above 500.000 USD, was long time below 10.000 USD in capitulation phase. (40 times growth up to present day) Asiacoin was always above 150k USD. Only coins below 100k USD have enough potential to pay the huge risk by buy-in because 98 of 100 coins never get pumped again really apparently. Relaunch/Repump-coins are not very probable to grow up again by re-pumping more than 10 very rarely 20-100 times (you probably remember mooncoin, kitteh, doge and another few coins which significantly have grown for more than one times).
Pandacoin was never dead, premined or left by developers.


So thats the problem, this coin is expensive for the risk which brings to buyer. I have bought some but i dont believe in it as a value-keeper, im expecting pump and dump or dump if the pump fails (this may happen because so many people selling previously bought coins for bagrain prices).

And the endings - i wish you much successfull work with this coin, but i must admit that you begin with really nice value of the coin which you must now deserve...

Thanks.

There's no denying that the original dev screwed AC up pretty bad, no discussion there, and we have nothing against Pandacoin for say, they even supported AC community by giving everyone free coins (which are now worth some good value indeed), so full credit to them and I think they deserve their increased value. About website, we reached out to coinmarketcap even before we released the wallet and asked to fix our details: info, website, moneysupply, etc. They haven't done it yet but hopefully they will soon. Nothing we can do really about it that we haven't already done. New website is: http://www.thecoin.asia by the way in case you haven't seen it yet.

I personally think what happened to AC can only add to its value, we experienced the worst possible disaster and came out on top and really what's to fear now? What doesn't kill you makes you stronger and that's clearly the case in situations like this.

[nekokenny]

I truly compare asia coin with e. g. pandacoin (PND) which made it these days to grow 40 times in a week.

Asiacoin has 400.000 USD market cap instantly after relaunch even if many people are cashing out rewards (those who bought really cheap out of exchanges). The effects of dumps (cashing incredible rewards) vs. pumps (people hoping in future growth) are ballanced now.
Asiacoin previous "devs" scammed people and destroyed the coin reputation and the coin itself.
Asiacoin has not working webpage with explorer so its hard to verify anything. Only promise and alpha-version which doesnt mean full operation.
When i open asiacoin webpage at coinmarketcap it opens nothing. Page not found.
Asiacoin was taken over by community - this is OK.

vs.

Pandacoin has marketcap slightly above 500.000 USD, was long time below 10.000 USD in capitulation phase. (40 times growth up to present day) Asiacoin was always above 150k USD. Only coins below 100k USD have enough potential to pay the huge risk by buy-in because 98 of 100 coins never get pumped again really apparently. Relaunch/Repump-coins are not very probable to grow up again by re-pumping more than 10 very rarely 20-100 times (you probably remember mooncoin, kitteh, doge and another few coins which significantly have grown for more than one times).
Pandacoin was never dead, premined or left by developers.


So thats the problem, this coin is expensive for the risk which brings to buyer. I have bought some but i dont believe in it as a value-keeper, im expecting pump and dump or dump if the pump fails (this may happen because so many people selling previously bought coins for bagrain prices).

And the endings - i wish you much successfull work with this coin, but i must admit that you begin with really nice value of the coin which you must now deserve...

Thanks.

There's no denying that the original dev screwed AC up pretty bad, no discussion there, and we have nothing against Pandacoin for say, they even supported AC community by giving everyone free coins (which are now worth some good value indeed), so full credit to them and I think they deserve their increased value. About website, we reached out to coinmarketcap even before we released the wallet and asked to fix our details: info, website, moneysupply, etc. They haven't done it yet but hopefully they will soon. Nothing we can do really about it that we haven't already done. New website is: http://www.thecoin.asia by the way in case you haven't seen it yet.

I personally think what happened to AC can only add to its value, we experienced the worst possible disaster and came out on top and really what's to fear now? What doesn't kill you makes you stronger and that's clearly the case in situations like this.

Maestro1 you are a pretty decent guy so +1 for bringing back this coin. I thank the entire Dev team and supporters as well. I really appreciate all the work you guys did.

[CryptoSteam]

For those who are dumping the coin, the buyers are getting a great deal. We have a great active development team that will support AsiaCoin for years to come.

[voisina]

For those who are dumping the coin, the buyers are getting a great deal. We have a great active development team that will support AsiaCoin for years to come.

Back on mintpal?  Wow. You guys are amazing. Thank you

[CryptoSteam]

For those who are dumping the coin, the buyers are getting a great deal. We have a great active development team that will support AsiaCoin for years to come.

Back on mintpal?  Wow. You guys are amazing. Thank you

Indeed. The new development team have worked very hard to make it possible.

[tokyoghetto]

Is cryptsy still stuck on 56k dail-up with adding AC for trading?

Mintpal FTW.

[CryptoSteam]

Is cryptsy still stuck on 56k dail-up with adding AC for trading?

Mintpal FTW.

I heard that Cryptsy will open AC tomorrow. No worries.

[CryptoSteam]

There are investors lining up to buy AC. If you are selling, I feel sorry for you. It will go back up to over 1K sats soon because we have an actual team working on AC to make it successful.

[GIBZORS]

Is cryptsy still stuck on 56k dail-up with adding AC for trading?

Mintpal FTW.

I heard that Cryptsy will open AC tomorrow. No worries.

CryptoSteam, still any need to get added to the list? I have quite some AC as well, but from what I've understood everything should be solved just by the wallet update?
Haven't really had any time to follow the evolutions since I left for work abroad on 30th of april right before the turbulent times..

[CryptoSteam]

Is cryptsy still stuck on 56k dail-up with adding AC for trading?

Mintpal FTW.

I heard that Cryptsy will open AC tomorrow. No worries.

CryptoSteam, still any need to get added to the list? I have quite some AC as well, but from what I've understood everything should be solved just by the wallet update?
Haven't really had any time to follow the evolutions since I left for work abroad on 30th of april right before the turbulent times..

No worries about the list. You just have to upgrade your wallet to the new version. See the first post in this thread.

[GIBZORS]

Is cryptsy still stuck on 56k dail-up with adding AC for trading?

Mintpal FTW.

I heard that Cryptsy will open AC tomorrow. No worries.

CryptoSteam, still any need to get added to the list? I have quite some AC as well, but from what I've understood everything should be solved just by the wallet update?
Haven't really had any time to follow the evolutions since I left for work abroad on 30th of april right before the turbulent times..

No worries about the list. You just have to upgrade your wallet to the new version. See the first post in this thread.

Ok thanks! Nice to see the community was able to save the coin from the greedy dev. This actually once again confirms the potential of AC!

[Oldriga]

Great work DEVs!

[heirgrate]

Pack your shit up and go.

[CryptoSteam]

Pack your shit up and go.

As much as I hate the original dev's scam, I fully support the new development team and see a great future. If you want to pack it up and leave, then be my guest.

We have a future roadmap for AsiaCoin and are fully committed to push it forward.

[fonzerrellie]

Pack your shit up and go.

As much as I hate the original dev's scam, I fully support the new development team and see a great future. If you want to pack it up and leave, then be my guest.

We have a future roadmap for AsiaCoin and are fully committed to push it forward.

+1  gee a coin named in honor of the race of people who have more people than the rest of our "races combined" (just guessing on that) PLUS the best interest rates in crypto... if you can't see the potential in that then yes please pack and go.

[johntseng]

Since MintPal has been relisted AC, can you ask Hash Cows to add AC as payout again?

[Maestro1]

Since MintPal has been relisted AC, can you ask Hash Cows to add AC as payout again?

Already done, they're working on it so it should be very soon.

[johntseng]

Since MintPal has been relisted AC, can you ask Hash Cows to add AC as payout again?

Already done, they're working on it so it should be very soon.

Thank you.
Hope it will be added soon as we don't have any multipool working now.

[zorkafdo]

Glad to see this listed @ mintpal again. Way to go team.