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MickeNorsk
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June 08, 2014, 03:47:51 PM |
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One question for the dev though.
I was here on launch day, and it said it would be two POW stages, each giving approx 50 mil coins.
Due to the mixed POS/POW phase from start, it resulted in about 30 mil coins first stage instead right?
And as I see now, the second stage will give half reward instead, so making the grand total of coins about 45-46mil at the end of the second POW/POS stage right?
My main question and point is. The premine was accounted for that it would be total 100mil coins, but now that's not true anymore and the % is actually higher than it states correct?
Follow-up question: How much remains of the premine, and will the result of the higher % in total mean that you'll give out more in bounties than you first decided?
Thanks. /M
Yes the percentage is now higher than it states & 400k have been distributed on the premine already; We're trying as much as possible to make the premine last for a long time so we pay a lot in bitcoins or $ instead of using the premine (occulus rift & co) and of course never sell any silkcoin on exchanges. The premine is here to fund Silkcoin for a long time, the inside team (me and the devs) are not allowed to touch it, but on the other hand we may give out bounties also to the marketers (as I told you earlier we're all working together on a task management software). Regarding bounties most of the time it depends on the work done and price of silkcoin because each work is very different but we try to give out a bounty to every single person who helps SC  , there's a LOT of ways to help and I think most people can testify the bounty they got was pretty decent. A big part is distributed via giveaways also (Mintpal giveaway is the biggest in date, and not finished yet) and there's a lot more to come. The point of this premine is to support Silkcoin on the long run. And we'll try to make an allocation list soon (everything is labeled in the premine wallet) but we didn't take the time for that yet since we don't consider this as primordial since an allocation list doesn't prove anything (its very easy to cheat), on the other hand constant distribution and non-stop work will prove our dedication. And to answer the last question yes there will be a multipool, we're currently working on that  . Thank you for the quick answer. I'll throw in a feedback, I'm impressed by the new looks of the wallet. Great job! Just downloaded it today. I wish this coin the best of luck. I've already tripled my investment in this, I'll hold the rest for a long time! |
SC: BSGpdD9cCYTGTv4oBMMgZFKjDn3s1gFNHZ
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gorillajam
Member
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Activity: 98
Merit: 10
win
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June 08, 2014, 04:01:17 PM |
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All I need to do now is wait. |
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Rav3n85
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Activity: 77
Merit: 10
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June 08, 2014, 04:18:58 PM |
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its funny how he was the one who was rude and spewed vulgar and he is now posting a few topics on how he was threatened.. when all BohemianStalker actually told him nicely is another way.
Its not like "Hey litter fker wanna die?"
He was just saying, be nicer.
Its fun though. xD
he said something like "you fucked with the wrong whale or something" ?
Man it still cracks me up.
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Rav3n85
Member
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Activity: 77
Merit: 10
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June 08, 2014, 04:32:58 PM |
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haha hamiltino, erryyybodyy blaze up some greens..    Dyamm thats trippy! What is in it!  Haha |
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parker928
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June 08, 2014, 04:52:32 PM |
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i tried to download the windows wallet but chrome blocked it and said it is malicious? is chrome lying?
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Wulfcastle
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June 08, 2014, 04:58:20 PM |
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i tried to download the windows wallet but chrome blocked it and said it is malicious? is chrome lying?
Are you running Chrome on Windows 8? |
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gorillajam
Member
Offline
Activity: 98
Merit: 10
win
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June 08, 2014, 05:00:06 PM |
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i tried to download the windows wallet but chrome blocked it and said it is malicious? is chrome lying?
They are going to steal your money!!! |
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jasabbm
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June 08, 2014, 05:04:15 PM |
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Somebody please catch this gorilla and send back to the zoo
kwkwkwkwkwkwkwk
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PeterPalmBeach
Sr. Member
Offline
Activity: 336
Merit: 250
SellALL, BuyBTC
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June 08, 2014, 05:05:29 PM |
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Somebody please catch this gorilla and send back to the zoo
kwkwkwkwkwkwkwk
lol |
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gorillajam
Member
Offline
Activity: 98
Merit: 10
win
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June 08, 2014, 05:09:14 PM |
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its funny how he was the one who was rude and spewed vulgar and he is now posting a few topics on how he was threatened.. when all BohemianStalker actually told him nicely is another way.
Its not like "Hey litter fker wanna die?"
He was just saying, be nicer.
Its fun though. xD
he said something like "you fucked with the wrong whale or something" ?
Man it still cracks me up.
What made me laugh is when you said this: "I dont usually post on Bitcointalk but you my friend is the most nonsencical person I have met Enough said. I been burnt on other coins too its the Altworld. At least with SC im doing good. I ald thanked you for waning us. I think the people get you yea? " You've only been on here a few weeks and you have posted 30 times on Silkcoin. I don't usually post on....haha |
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Wulfcastle
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June 08, 2014, 05:09:49 PM |
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On the exchange front, two distinct walls are forming, one buy wall at 3100 Satoshis and a sell wall at 3700 Satoshis. The market is currently in a stand-still moving between these walls. On another note a large portion of sell walls have been removed, at this point we only need 17 BTC to get to 5000 Satoshis, see the depth chart below. It could be an attempt to manipulate the price, given the fact that there are only 900 000 worth of SC sell orders currently on Poloniex, or it could be sellers hoarding coins.  |
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parker928
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June 08, 2014, 05:14:23 PM |
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i tried to download the windows wallet but chrome blocked it and said it is malicious? is chrome lying?
They are going to steal your money!!! you and I both know it wouldn't be the first time that happened. I am running windows 7 and google chrome, is it normal to get this warning when downloading silk wallet? also, I am really interested in silk, but there is literally only one thing that is holding me back from buying 50,000 sc... the premine. I do not have any intentions of fudding or talking negatively about silkcoin, let me be clear, I think this coin is awesome and the wallet looks sick. And now I feel retarded for writing this one off on day one because of the premine. Would someone mind calming my quells about the premine? The only reason why I even care is because historically, premine coins have not done well. I think devs should be rewarded for good work, but it makes me nervous Has the premine already been spent? If not, how much is left? is there a public address where I can view it? How can we know the premine will not be spent when the price gets high? Do the devs and community have a good relationship with each other here? Also, please be honest with me guys...is now a good time to buy, or should I wait? sorry for so many questions...i just made some profit off VRC (got in at 700 sats) and I am now looking for the next thing to spend it on. I think this coin may be it. thanks for the help gentlemen! |
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bluepixie
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June 08, 2014, 05:15:51 PM |
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On the exchange front, two distinct walls are forming, one buy wall at 3100 Satoshis and a sell wall at 3700 Satoshis. The market is currently in a stand-still moving between these walls. On another note a large portion of sell walls have been removed, at this point we only need 17 BTC to get to 5000 Satoshis, see the depth chart below. It could be an attempt to manipulate the price, given the fact that there are only 900 000 worth of SC sell orders currently on Poloniex, or it could be sellers hoarding coins. I know im hoarding. My bet is everyone else is too. I see this as a 20mil market cap coin. I dont see why anyone would sell at this point other then to move the market up. |
silk: BGBAs75ApT81uGLQZN7qdzrUVj8DXiYscF
piggy: pbDUdRPkhoxTGLmrXp4wuMgwoHbUfgrTW8
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socal
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June 08, 2014, 05:16:20 PM |
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haha hamiltino, erryyybodyy blaze up some greens.. im out so if you supply then sure lmao and yes the trolls are HILARIOUS but don't feed them please p.s. I am an Army Vet with combat deployments, you fuck with wulf or any other SC Team members you fuck with me, have a nice day |
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Wulfcastle
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June 08, 2014, 05:19:57 PM |
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i tried to download the windows wallet but chrome blocked it and said it is malicious? is chrome lying?
They are going to steal your money!!! you and I both know it wouldn't be the first time that happened. I am running windows 7 and google chrome, is it normal to get this warning when downloading silk wallet? also, I am really interested in silk, but there is literally only one thing that is holding me back from buying 50,000 sc... the premine. I do not have any intentions of fudding or talking negatively about silkcoin, let me be clear, I think this coin is awesome and the wallet looks sick. And now I feel retarded for writing this one off on day one because of the premine. Would someone mind calming my quells about the premine? The only reason why I even care is because historically, premine coins have not done well. I think devs should be rewarded for good work, but it makes me nervous Has the premine already been spent? If not, how much is left? is there a public address where I can view it? How can we know the premine will not be spent when the price gets high? Do the devs and community have a good relationship with each other here? Also, please be honest with me guys...is now a good time to buy, or should I wait? sorry for so many questions...i just made some profit off VRC (got in at 700 sats) and I am now looking for the next thing to spend it on. I think this coin may be it. thanks for the help gentlemen! Are you running Chrome version : 35.0.1916.114? I'm running that version on Windows 7 it downloads without a problem. With regards to the best time to buy in, there are a lot of variables that could affect the price, most notably the number of coins that ends up being mined by multipools. So no one can really give an accurate estimate as to when the best time to buy is. In my opinion I think you should buy 50%, now before the 2nd PoW phase and 50% during the 2nd PoW phase, that way you limit your losses if the price goes either up or down. With regards, to the pre-mine, generally we try to pay with our own funds rather than using the pre-mine. The pre-mine has only so far been used to pay for bounties in some of our ventures, such as the Shock & Awe campaign, and the Oculus Rift competition. |
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parker928
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June 08, 2014, 05:31:14 PM |
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thanks for the fast response wulfcastle! I did just go ahead and grab 10,000, not much but we seem to be at a high right now so i am hesitant to dive deeper.
what is the exact number of coins left in the premine?
how much have you used and how much is left?
I gather you are being relatively transparent about the premine?
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Wulfcastle
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June 08, 2014, 05:39:07 PM |
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thanks for the fast response wulfcastle! I did just go ahead and grab 10,000, not much but we seem to be at a high right now so i am hesitant to dive deeper.
what is the exact number of coins left in the premine?
how much have you used and how much is left?
I gather you are being relatively transparent about the premine?
No problem bud. We try to be as transparent as possible about the pre-mine. The rest of the devs are in charge of the pre-mine though, not me. These are the addresses quoted from earlier in the thread : |
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BitcoinKiosk
Newbie
Offline
Activity: 14
Merit: 0
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June 08, 2014, 06:24:00 PM |
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Any publicity is good publicity if the coin checks out, and it checks out with me. Let the trolls talk they are actually helping with publicity and they don't even know it.
The premine. Drk had a huge premine/instamine. Did it stop investors from buying? (I pass judgement with my wallet and Im looking to continue buying).
I hope ppl are right about the 2nd pow having a price drop. I sold and im regretting it, I have a problem with selling too soon.
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Quantum12
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June 08, 2014, 06:26:19 PM |
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i've been out with my family all day and looking in my phone now and again .. evening all btw Ah how cute we got our first little troll for no reason , well i guess we couldn't expect this to be a grown up thread on all pages, still 150 pages before some nonsensical drivel was spewed from a mouth that was probably breast fed with a Brick is not too bad going. All vote ! wow SC has risen ...everyone wants some Silk as they know whats going to happen .. not a pump .... remember Quickly up = quickly down .. just a steady rise to the behemoth status we will eventually acquire. All is well and the camel marches on. Q |
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