[ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS

[soltantgris]

Ok I finally logged in lol.  Bough some direct @1799, there is no sell resistance for a while.  Will be back at 2500 for sure in few moment, don't who filled all those buyorder, but hey !  It was nice to me .

How you guys did ?  

[1715454208]

1715454208

[1715454208]

1715454208

[1715454208]

1715454208

[Wulfcastle]

Yes I know - wish they will improve bigtime - because it's scary as hell to keep trading there.

PS: Please WOlf read your PMs and let me know as soon as possible - Thanks sir

Hey solantgris, I've got quite a few unread PM's so it may take a while to get through to yours, but I will definitely reply as soon as possible.

[soltantgris]

Not that bad imo :

2014-05-29 17:03:12   Buy   0.00001799   41437.10339077   0.74545348
2014-05-29 15:07:04   Buy   0.00002339   5958.37932992   0.13936649
2014-05-29 15:06:10   Buy   0.00002339   2000   0.04678
2014-05-29 15:01:18   Buy   0.00002339   24265.44794669   0.56756882
2014-05-29 12:59:27   Buy   0.00002555   4342.5393   0.11095187
2014-05-29 12:21:39   Sell   0.00002888   19711.47816479   0.56926748
2014-05-29 12:07:28   Sell   0.00002888   801.60320641   0.02315030
2014-05-29 11:59:58   Sell   0.00002888   7423.06613573   0.21437814
2014-05-29 11:57:26   Sell   0.00002888   2063.85249307   0.05960405

Let's go boys - let's pump up the volume a little bit - the price is not that important - volume is an healty signal and we do need more volume prior the PoW stage. 

[soltantgris]

Yes I know - wish they will improve bigtime - because it's scary as hell to keep trading there.

PS: Please WOlf read your PMs and let me know as soon as possible - Thanks sir

Hey solantgris, I've got quite a few unread PM's so it may take a while to get through to yours, but I will definitely reply as soon as possible.

I understand - and it's a good sign that you are busy. 

[Rav3n85]

Now the only way is... UP! 

[Quantum12]

  up to 41st now , 

EASY PUSH NOW TO #36! flappybird is the target

  GO VOTE!

PLS VOTE for US!!!

[Grifftech]

Brand new to SC and wondering if there are any faucets or anything? Just waiting till I can start mining.

Question about mining, I have 2 x R7 265's a GTX 780 Ti and a Radeon 5850, can I mine on all of them? Also is this CPU mineable?

We are in POS stage atm,

POW resumes at block 50k to give people a chance that missed the launch to participate,

you can mine at


Hashco.ws   and request payments in SC though right now

regards

Q

Thank you

[GTO73]

I buy some of this coin, unfortunately not many becouse at the moment i'm without BTC 

But i hope the prize will be going up, i hold those few coins i buy, c'mon to he moooooooon 

[Wulfcastle]

I won't sell my SilkCoins, not even at 10000sats.

+1000 we aint started yet this is just price readjust from last night rush buy.. 1 guy was putting up 21.5 btc buy orders

this is a long term project but with frequent updates and hopefully friendly team, people will see we are moving all the tiem not just promosing and then not following through..

holding with ya!!! and i just bought more cheap coins ty

There's nothing unusual about this. It's the way markets are. For the price to move forward oscillation has to occur. This is just a correction, if you look at the current prices you'll notice that we currently have a lot more buy support at this price level, compared to before the price drop. This indicates an upcoming rally to take prices to new highs.

If you look at the price depth, chart you'll see there's virtually no sell walls all the way to 2500 Sat.




TL;DR : This recent price drop is a natural market correction which paves the way for the price to move to new highs. There's no reason to panic. Now is the perfect time to buy for those who want to enter the market.

As I predicted the market has bounced back quite considerably since the drop and now with renewed buy support indicating that we may see a rally soon to push the price levels to new highs.

[Wulfcastle]

Introducing Operation Shock & Awe



What is Operation Shock & Awe?

Operation Shock & Awe is the internal name for a social initiative spearheaded through a series of giveaways from various outlets. The aim of operation shock and awe is to do a blitz of SilkCoin and get as many people as possible to hear about SilkCoin, download our wallet, learn about our features and in the process get listed on further exchanges.


How will Operation Shock & Awe work?

Operation Shock & Awe is a 2-part initiative.

Part 1, which is currently underway and will continue all the way through to the 2nd PoW phase, will be used to spread the word around about SilkCoin and in turn get listed on MintPal. This will provide us some stability and foundation going through to the 2nd PoW phase.

Part 2, which will collerate with the start of the 2nd Pow phase, will be a full on social media blitz to get as many people as possible to hear about SilkCoin. We already have some big crypto names in social media lined up ready for part 2. The names of these social media accounts will be anounced at the start of part 2.

Who are the current participants on Part 1?

All Crypto All Day
CryptoSandwich

Between the 2 above Twitter accounts, they have a following of over 36 000 people. SilkCoin will be tweeted about daily to each of these 36 000 followers.

CryptoSandwich is in charge of our MintPal voting campaign that can be found here : http://coinzen.org/index.php/topic,858.0.html

Each voter will receive 15 SC per vote. There are additional prizes which include a 15 000 SC grand prize to the person who votes the most along with 2 500 SC prizes each for the 2nd, 3rd, 4th and 5th place voters

What can I do to help?


1. Vote for us on MintPal and post here : http://coinzen.org/index.php/topic,858.0.html to claim your 15 SC rewards
2. Retweet this : https://twitter.com/CryptoSandwich/status/470789069430333443 with the handle #silkcoin
3. Retweet all #silkcoin tweets from All Crypto All Day
4. Tweet what you like most about Silkcoin with the handle #silkcoin

*This is the first of many announcements to come.

We are at #41 on MintPal, keep on going!

[cryptowest]

I cant sync past block 10k when POW ended. I've tried with and without nodes, it freezes at 10k.

Whats the solution? I sent coins before i realized i wasnt synced... like 100k 

[cryptowest]

I cant sync past block 10k when POW ended. I've tried with and without nodes, it freezes at 10k.

Whats the solution? I sent coins before i realized i wasnt synced... like 100k 

Nevermind, it finally started going. You guys need more addnodes! 4 or 5 preferably.

[Mr.Joker]

Can't some one develop a price widget for silkcoin?

[judgecrypto]

Can't some one develop a price widget for silkcoin?

This site supports Silk Coin: https://www.cryptonator.com/widget

Also see my site: http://www.judgecrypto.com/

Does this help?

Judge Crypto

[Jacqul]

Can't some one develop a price widget for silkcoin?

This site supports Silk Coin: https://www.cryptonator.com/widget

Also see my site: http://www.judgecrypto.com/

Does this help?

Judge Crypto

Also: there is one built into wallet or do I misunderstand you?

[nzminer]

I know this might be a somehow childish question. But I bought a good amount of SC at 3000.  Now we're trading at 1500... 
Do you expect the price to rise anytime soon? What are your predictions for price range in the near future?
But apart of that: Very nice coin!

Very nice coin, am unsure why there is a drop, but hold on to them, i expect it will drop again when the second POW stage starts, but then it will be onwards and upwards for this coin.

[FredDag]

I know this might be a somehow childish question. But I bought a good amount of SC at 3000.  Now we're trading at 1500... 
Do you expect the price to rise anytime soon? What are your predictions for price range in the near future?
But apart of that: Very nice coin!

I also purchased a lot of extra SC @ 3000, but am not worried about the price drop.
The wallet shows the devs have put alot of effort into this coin, and community is strong.
I'm confident SC will be back above 3000 before too long.

In the meantime, if you purchase more SC at 1500 you can get lower your average purchase price.
So I see 1500 as an opportunity to buy. 

[Jacqul]

I know this might be a somehow childish question. But I bought a good amount of SC at 3000.  Now we're trading at 1500... 
Do you expect the price to rise anytime soon? What are your predictions for price range in the near future?
But apart of that: Very nice coin!

I have been looking for competent devs with a plan for a while now.
Silkcoin devs seem to have it together.
So far from what I have seen their modus operandi is: look at works from other coins and incorporate it beautifully into an easy to use and attractive wallet.
The POW is used as a way to distribute the coins so that no one can cry "foul" later.
The two stages is for everyone to see how the first POS period works out and then join in the second phase.

So far I have been very impressed with how everything works during POS.

What I expect will happen if devs keep to the same pattern:
With the next POW phase difficulty will shoot through the roof, there will be an initial surge in price and then a rapid drop to the levels we are at at the moment.
It depends a bit on how effective the shock and awe publicity campaign is in how wide adoption is during second POW.

Once POW ends the trading will slow down for a bit and then devs will release a wallet update borrowing some features from other recently popular coins.
Price will hopefully steadily climb from there.
I think Silkcoin is something to get into anytime between now and the end of second POW and then wait to see what happens.
Effectively we are gambling that dev knows what they are doing and so far all indications are that it is a good bet.

[Grifftech]

When do you guys estimate the second phase of POW will be starting?

[fusi0n]

I know this might be a somehow childish question. But I bought a good amount of SC at 3000.  Now we're trading at 1500... 
Do you expect the price to rise anytime soon? What are your predictions for price range in the near future?
But apart of that: Very nice coin!

I have been looking for competent devs with a plan for a while now.
Silkcoin devs seem to have it together.
So far from what I have seen their modus operandi is: look at works from other coins and incorporate it beautifully into an easy to use and attractive wallet.
The POW is used as a way to distribute the coins so that no one can cry "foul" later.
The two stages is for everyone to see how the first POS period works out and then join in the second phase.

So far I have been very impressed with how everything works during POS.

What I expect will happen if devs keep to the same pattern:
With the next POW phase difficulty will shoot through the roof, there will be an initial surge in price and then a rapid drop to the levels we are at at the moment.
It depends a bit on how effective the shock and awe publicity campaign is in how wide adoption is during second POW.

Once POW ends the trading will slow down for a bit and then devs will release a wallet update borrowing some features from other recently popular coins.
Price will hopefully steadily climb from there.
I think Silkcoin is something to get into anytime between now and the end of second POW and then wait to see what happens.
Effectively we are gambling that dev knows what they are doing and so far all indications are that it is a good bet.

There are some wild predictions of SC going to 0.01 or 0.001 but to be very conservative, price reaching 4500 sat or 6000 sat is a no brainer (that's 50% and 100% on your 3000 sat investment) - I agree and would definitely buy more now to lower your average price. SC is heavily undervalued right now. I believe reaching 10k-20k is certainly possible in the near-term. Reaching 0.001 and beyond is certainly possible in the longer term but it's anyone's guess.

When SC first came out and people were asking for second PoW to be removed and changing algo to X11 etc... and the dev stuck to their original strategy and now I'm glad they did and not destabilize the coin.

Most other coins out there are hyped, pumped and dumped but SC has been slow and steady and most important of all... STABLE! Weekly updates from dev and great features that shows we have a highly competent dev. What more could you ask for?

I'm sure we've all been burnt at some point on other coins and I certainly have. In my view, SC is a solid coin and has tremendous potential for organic growth.