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tazmania
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June 13, 2014, 02:37:23 AM |
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How close are we to the end of this last POW?
36 more hours. |
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judgecrypto
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June 13, 2014, 03:05:19 AM |
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Silk Coin is 74% Mined out on the 2nd PoW so far... We are on block 57,400. Estimating a finish of PoW by Saturday...
The max coins to be generated until finish PoW would be 2600 (remaining blocks) x 2500 (block size) = 6,500,000...
However since it is a hybrid PoW / PoS the coins are a lot less for PoS blocks. So I am estimating that only 3,250,000 coins are left to be generated.
If half of those are kept by miners... that leaves 1,625,000 coins left to be posted to exchanges...
Bittrex currently has 18 btc buy support while Poliniex has 57 btc buy support...
There will be a concerted effort by people who want to increase their stake to lower the price and steal your coins. HOLD... If you try to sell and rebuy you will probably lose. If you hold you will almost certainly enjoy the rise of Silk to one of the top coins in crypto. The wallet innovations have just begun. The devs are working on updates and a white paper is forthcoming.
There is no reason why Silk can be sitting at 10 - 25k satoshi in a couple weeks.
Judge Crypto
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fusi0n
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June 13, 2014, 03:29:38 AM |
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Silk Coin is 74% Mined out on the 2nd PoW so far... We are on block 57,400. Estimating a finish of PoW by Saturday...
The max coins to be generated until finish PoW would be 2600 (remaining blocks) x 2500 (block size) = 6,500,000...
However since it is a hybrid PoW / PoS the coins are a lot less for PoS blocks. So I am estimating that only 3,250,000 coins are left to be generated.
If half of those are kept by miners... that leaves 1,625,000 coins left to be posted to exchanges...
Bittrex currently has 18 btc buy support while Poliniex has 57 btc buy support...
There will be a concerted effort by people who want to increase their stake to lower the price and steal your coins. HOLD... If you try to sell and rebuy you will probably lose. If you hold you will almost certainly enjoy the rise of Silk to one of the top coins in crypto. The wallet innovations have just begun. The devs are working on updates and a white paper is forthcoming.
There is no reason why Silk can be sitting at 10 - 25k satoshi in a couple weeks.
Judge Crypto
Good analysis Judge. As I said before, price has risen during this PoW stage and just shows how much demand there is for Silk. I'm predicting MP add on Monday. MYC is #1 but look at the charts/volume on that coin and there's no way MP will add it. For the last few days to a week MP has been suffering low volume across the board. They need some new coins so they can get more fees. |
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nzminer
Legendary
 Offline
Activity: 1918
Merit: 1001
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June 13, 2014, 03:34:00 AM |
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Silk Coin is 74% Mined out on the 2nd PoW so far... We are on block 57,400. Estimating a finish of PoW by Saturday...
The max coins to be generated until finish PoW would be 2600 (remaining blocks) x 2500 (block size) = 6,500,000...
However since it is a hybrid PoW / PoS the coins are a lot less for PoS blocks. So I am estimating that only 3,250,000 coins are left to be generated.
If half of those are kept by miners... that leaves 1,625,000 coins left to be posted to exchanges...
Bittrex currently has 18 btc buy support while Poliniex has 57 btc buy support...
There will be a concerted effort by people who want to increase their stake to lower the price and steal your coins. HOLD... If you try to sell and rebuy you will probably lose. If you hold you will almost certainly enjoy the rise of Silk to one of the top coins in crypto. The wallet innovations have just begun. The devs are working on updates and a white paper is forthcoming.
There is no reason why Silk can be sitting at 10 - 25k satoshi in a couple weeks.
Judge Crypto
Good analysis Judge. As I said before, price has risen during this PoW stage and just shows how much demand there is for Silk. I'm predicting MP add on Monday. MYC is #1 but look at the charts/volume on that coin and there's no way MP will add it. For the last few days to a week MP has been suffering low volume across the board. They need some new coins so they can get more fees. And to top it off, im surprised how stable the price has been despite entering the POW phase, it just shows you how much demand there is for the coin. Im glad i did not sell mine thinking there was going to be a dump, i could have made a small gain, but it was not worth the risk. |
NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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robinf
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June 13, 2014, 05:55:58 AM |
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Interesting nice design
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SpringfieldM1A
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June 13, 2014, 07:17:05 AM |
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Attention all Abinito + rbauer85 + vitamanpanguis81+ chadwickx16 + jnasm77 are part of a pump and dump gang believe it and spread thee word  Yep, you are right. One of them will start fudding in this thread very soon I think, I have seen their actions with XC. Should they start in here it is best to just ignore them. |
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tazmania
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June 13, 2014, 07:22:39 AM |
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Silk Coin is 74% Mined out on the 2nd PoW so far... We are on block 57,400. Estimating a finish of PoW by Saturday...
The max coins to be generated until finish PoW would be 2600 (remaining blocks) x 2500 (block size) = 6,500,000...
However since it is a hybrid PoW / PoS the coins are a lot less for PoS blocks. So I am estimating that only 3,250,000 coins are left to be generated.
If half of those are kept by miners... that leaves 1,625,000 coins left to be posted to exchanges...
Bittrex currently has 18 btc buy support while Poliniex has 57 btc buy support...
There will be a concerted effort by people who want to increase their stake to lower the price and steal your coins. HOLD... If you try to sell and rebuy you will probably lose. If you hold you will almost certainly enjoy the rise of Silk to one of the top coins in crypto. The wallet innovations have just begun. The devs are working on updates and a white paper is forthcoming.
There is no reason why Silk can be sitting at 10 - 25k satoshi in a couple weeks.
Judge Crypto
So I wanted to correct my math from an earlier post. PoW ends on block 60,000 Current block is 57,895 60,000 - 57,895 = 2105 1900 hours June 12 to 0700 hours June 13 = 1334 blocks in 12 hours and 2668 blocks in 24 hours. 2105 / 2668 = 0.7889 0.7889 x 24 = 18.93 18.93 hours till mining is over. |
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jorrr
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June 13, 2014, 09:04:22 AM |
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I'm very happy tonight someone dumped lot of SC at 4K satoshi! There wasn't even FUD out, so I want to thank everyone who panic sold!
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HansW
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June 13, 2014, 09:10:54 AM |
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Last night we were at 55k on bittrex, now at 45k and only 17hours left mining. Looking forward to stake my coins  Keep voting guys. Hopefully next monday we're on MP https://www.mintpal.com/voting#SC |
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Quantum12
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June 13, 2014, 10:27:22 AM |
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Keep going closing on 1st fast
VOTE FOR US .. !! Please!  |
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Quantum12
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June 13, 2014, 11:26:44 AM |
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The market right now reminds me of just before we went into Pow Its gone up quite a lot we were 2700 b4 POW now its sitting at 4200 again its like everyone is holding there breath , whats gonna happen .. will that massive dump come at the end ( like they thought it would at begining) My predictions is stagnation for a day or 2 with little dips then up up we go as everyone realizes oh crap this is cheap better get some  my 2 silk Q |
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soltantgris
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June 13, 2014, 12:15:15 PM |
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I do think Mintpal will add TODAY SC or CLOAK. Honestly, I hope it will be CLOAK - that will let me cash in on FLT saturday (i do strongly suspect a little rallye tomorrow for FLT, I got around 1 000 000 of those to improve my position in SC with the profit. Gamble gamble, but I think the timing is right. EXCEPT IF MINTPAL ADD SC TODAY LOL !!!!
I hope some of you made this move (buy FLT). If all go well, I'll double or triple with FLT and use this leverage to buy a lot of SC (I hope around 9 btc worth of SC). If timing is good, SC will give my a cheaper entry  Happy trading you all guys! |
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bmwz520
Newbie
Offline
Activity: 49
Merit: 0
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June 13, 2014, 12:32:16 PM |
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If possible, please team will be a network game is integrated into the purse, let SC instead of the game currency, Go to the center of the network game！
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fusi0n
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June 13, 2014, 01:51:51 PM |
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Looks like we have a new floor around 4200-4300.
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Edraket31
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June 13, 2014, 02:13:14 PM |
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We are voting about 100 p/Hr more than number 1, so Monday we could be nr 1!! |
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Alns
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June 13, 2014, 02:14:21 PM |
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I´m in, i like the coin, the wallet is awesome, stable price at that volume, devs works hard. Mining, buying and hold.
I´m done with shitcoins and shitty/scammers devs, from now i only invest in stable and good coins.
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