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Quantum12
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June 03, 2014, 02:10:13 PM |
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Could anyone provide a quick summary of what's special about this coin - what sets it apart from others (I notice it's pretty stable in its ascent, for one thing, but I'm talking coin tech specs and development plans).
go to http://mysilkcoin.com/for more detailed info Q |
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boringcoinbct
Newbie
 Offline
Activity: 40
Merit: 0
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June 03, 2014, 02:13:28 PM |
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Could anyone provide a quick summary of what's special about this coin - what sets it apart from others (I notice it's pretty stable in its ascent, for one thing, but I'm talking coin tech specs and development plans).
go to http://mysilkcoin.com/for more detailed info Q Thanks, but is there a short summary of what distinguishes the coin? A specific post in this thread perhaps? |
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Quantum12
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June 03, 2014, 02:15:39 PM |
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Could anyone provide a quick summary of what's special about this coin - what sets it apart from others (I notice it's pretty stable in its ascent, for one thing, but I'm talking coin tech specs and development plans).
go to http://mysilkcoin.com/for more detailed info Q Thanks, but is there a short summary of what distinguishes the coin? A specific post in this thread perhaps? slighlty outdated as their has been 1 update already but here  https://bitcointalk.org/index.php?topic=618104.0 |
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jorrr
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June 03, 2014, 02:17:26 PM |
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On the Exchange Front...
The tension is building like two sides going to war. On Poloniex there is a buy order for 246,043 Silk Coin... Someone does not want to take a chance on the price dropping during the 2nd PoW...
To be honest it is quite difficult to buy large amounts of Silk now. If you wait for the second proof of work to get your coins you may miss out. Very small purchases can move the market... Less than 5BTC of Silk purchases on Bittrex would move the price to 2500 satoshi. Wow!
This coin is headed to the moon! Great developers, active marketing, and a great community. Go look around the forums and compare...
Judge Crypto
I agree with judgecrypto, right now it's very difficult to buy large amounts of SilkCoin. That buy order has been up there for close to two days, and it hasn't moved much. In fact when it first popped onto the order book it was at 1500 Satoshis, the buyer has gotten impatient waiting for someone to sell and moved it up to 1800 Satoshis and it's still there. With the amount of attention that we'll be getting at the start of the 2nd PoW phase, it will flood the market with new buyers and as judgecrypto mentioned that only 5 BTC is needed to get to 2500 Satoshis. The price will have a dramatic increase. There will be the inevitable dump of some coins from some miners and multipools, however by then I predict the market would've already have moved up to a new price level. You underestimate the power of the dark side (multipool dumping) |
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a3tje
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June 03, 2014, 02:56:40 PM |
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Could anyone provide a quick summary of what's special about this coin - what sets it apart from others (I notice it's pretty stable in its ascent, for one thing, but I'm talking coin tech specs and development plans).
go to http://mysilkcoin.com/for more detailed info Q Thanks, but is there a short summary of what distinguishes the coin? A specific post in this thread perhaps? Did you read the OP? I would say the biggest thing is the "eco-system" read the OP to learn more about it. For me personally, the whole professional feel of the website / wallet and the informational video showed that the Dev's behind this coin are great. The thing that made it a nobrainer to invest, was the fact they came up with the Eco-System. It shows that the Dev's aren't simply programmers but also thinking innovative and here for the longrun! |
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judgecrypto
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June 03, 2014, 02:59:13 PM |
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On the Exchange Front...
The tension is building like two sides going to war. On Poloniex there is a buy order for 246,043 Silk Coin... Someone does not want to take a chance on the price dropping during the 2nd PoW...
To be honest it is quite difficult to buy large amounts of Silk now. If you wait for the second proof of work to get your coins you may miss out. Very small purchases can move the market... Less than 5BTC of Silk purchases on Bittrex would move the price to 2500 satoshi. Wow!
This coin is headed to the moon! Great developers, active marketing, and a great community. Go look around the forums and compare...
Judge Crypto
I agree with judgecrypto, right now it's very difficult to buy large amounts of SilkCoin. That buy order has been up there for close to two days, and it hasn't moved much. In fact when it first popped onto the order book it was at 1500 Satoshis, the buyer has gotten impatient waiting for someone to sell and moved it up to 1800 Satoshis and it's still there. With the amount of attention that we'll be getting at the start of the 2nd PoW phase, it will flood the market with new buyers and as judgecrypto mentioned that only 5 BTC is needed to get to 2500 Satoshis. The price will have a dramatic increase. There will be the inevitable dump of some coins from some miners and multipools, however by then I predict the market would've already have moved up to a new price level. You underestimate the power of the dark side (multipool dumping) I am not worried about the multipool dumping. This coin will be worth at least 30,000 sat soon. I have already got my war chest full in case the price doesn't drop because of multipool dumping. In case it does I have BTC set aside to scoop up bargains. BRING IT ON MULTIPOOLS... I was here during the first massacre on multi pools. I had 400k coins bought between 2k to 3k sat. I watched as my investment went down to a little over 1 BTC. I did not sell. I knew it would recover. That is why you should look at a coin before you buy in. A quality coin will easily bounce back. Some of these coins now don't even BOTHER to put up a website at launch. Silk coin is top notch quality as anyone who has started to follow can see. There will be a dump of coins, but how many people are like me waiting on the side with BTC unlike last time? I won't take the risk that i can get in on the dumps because with all the press the dumps will either be absorbed or be a lot less than before. In fact I believe the current price reflects the dump like you mentioned. If there was no second PoW phase I believe we would already be at 10k. Since the price already factors in the multipool dumps I dont think the price swing will be as bad. At the end of PoW there will be strong movement of the price. The devs are hard at work. Judge Crypto |
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Wulfcastle
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June 03, 2014, 03:46:34 PM |
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25TH!!!
Just a small push to 22nd .. dougcoin wtf is that? target acquired!
Keep voting! We're nearing in on position #24, keep going ! |
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Trezi
Member
Offline
Activity: 118
Merit: 10
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June 03, 2014, 03:49:55 PM |
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On the Exchange Front...
The tension is building like two sides going to war. On Poloniex there is a buy order for 246,043 Silk Coin... Someone does not want to take a chance on the price dropping during the 2nd PoW...
To be honest it is quite difficult to buy large amounts of Silk now. If you wait for the second proof of work to get your coins you may miss out. Very small purchases can move the market... Less than 5BTC of Silk purchases on Bittrex would move the price to 2500 satoshi. Wow!
This coin is headed to the moon! Great developers, active marketing, and a great community. Go look around the forums and compare...
Judge Crypto
I agree with judgecrypto, right now it's very difficult to buy large amounts of SilkCoin. That buy order has been up there for close to two days, and it hasn't moved much. In fact when it first popped onto the order book it was at 1500 Satoshis, the buyer has gotten impatient waiting for someone to sell and moved it up to 1800 Satoshis and it's still there. With the amount of attention that we'll be getting at the start of the 2nd PoW phase, it will flood the market with new buyers and as judgecrypto mentioned that only 5 BTC is needed to get to 2500 Satoshis. The price will have a dramatic increase. There will be the inevitable dump of some coins from some miners and multipools, however by then I predict the market would've already have moved up to a new price level. The qeustion for me is: How many coins will be dumped? When will the dev's decision about the blockreward in the second POW stage be announced? Any update for that? |
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judgecrypto
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June 03, 2014, 03:52:24 PM |
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On the Exchange Front...
The tension is building like two sides going to war. On Poloniex there is a buy order for 246,043 Silk Coin... Someone does not want to take a chance on the price dropping during the 2nd PoW...
To be honest it is quite difficult to buy large amounts of Silk now. If you wait for the second proof of work to get your coins you may miss out. Very small purchases can move the market... Less than 5BTC of Silk purchases on Bittrex would move the price to 2500 satoshi. Wow!
This coin is headed to the moon! Great developers, active marketing, and a great community. Go look around the forums and compare...
Judge Crypto
I agree with judgecrypto, right now it's very difficult to buy large amounts of SilkCoin. That buy order has been up there for close to two days, and it hasn't moved much. In fact when it first popped onto the order book it was at 1500 Satoshis, the buyer has gotten impatient waiting for someone to sell and moved it up to 1800 Satoshis and it's still there. With the amount of attention that we'll be getting at the start of the 2nd PoW phase, it will flood the market with new buyers and as judgecrypto mentioned that only 5 BTC is needed to get to 2500 Satoshis. The price will have a dramatic increase. There will be the inevitable dump of some coins from some miners and multipools, however by then I predict the market would've already have moved up to a new price level. The qeustion for me is: How many coins will be dumped? When will the dev's decision about the blockreward in the second POW stage be announced? Any update for that? Those are VERY fair questions. It would only be fair to get an answer ASAP. I am not authorized to speak to that, so we will have to wait for an official statement, but I think it should be done soon as the PoW starts in 1 week. |
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BohemianStalker
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June 03, 2014, 04:11:25 PM |
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Only 40 votes to 24th position. SC is moving up fast :-)
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Wulfcastle
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June 03, 2014, 04:46:19 PM |
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On the Exchange Front...
The tension is building like two sides going to war. On Poloniex there is a buy order for 246,043 Silk Coin... Someone does not want to take a chance on the price dropping during the 2nd PoW...
To be honest it is quite difficult to buy large amounts of Silk now. If you wait for the second proof of work to get your coins you may miss out. Very small purchases can move the market... Less than 5BTC of Silk purchases on Bittrex would move the price to 2500 satoshi. Wow!
This coin is headed to the moon! Great developers, active marketing, and a great community. Go look around the forums and compare...
Judge Crypto
I agree with judgecrypto, right now it's very difficult to buy large amounts of SilkCoin. That buy order has been up there for close to two days, and it hasn't moved much. In fact when it first popped onto the order book it was at 1500 Satoshis, the buyer has gotten impatient waiting for someone to sell and moved it up to 1800 Satoshis and it's still there. With the amount of attention that we'll be getting at the start of the 2nd PoW phase, it will flood the market with new buyers and as judgecrypto mentioned that only 5 BTC is needed to get to 2500 Satoshis. The price will have a dramatic increase. There will be the inevitable dump of some coins from some miners and multipools, however by then I predict the market would've already have moved up to a new price level. The qeustion for me is: How many coins will be dumped? When will the dev's decision about the blockreward in the second POW stage be announced? Any update for that? The decision about the block reward, along with a few other major announcements will be posted during this week, at latest by Friday. We don't want to rush anything or launch anything prematurely. |
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Wulfcastle
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June 03, 2014, 05:18:15 PM |
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Only 40 votes to 24th position. SC is moving up fast :-)
Less than 10 votes now to #24. |
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Trezi
Member
Offline
Activity: 118
Merit: 10
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June 03, 2014, 05:25:50 PM |
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On the Exchange Front...
The tension is building like two sides going to war. On Poloniex there is a buy order for 246,043 Silk Coin... Someone does not want to take a chance on the price dropping during the 2nd PoW...
To be honest it is quite difficult to buy large amounts of Silk now. If you wait for the second proof of work to get your coins you may miss out. Very small purchases can move the market... Less than 5BTC of Silk purchases on Bittrex would move the price to 2500 satoshi. Wow!
This coin is headed to the moon! Great developers, active marketing, and a great community. Go look around the forums and compare...
Judge Crypto
I agree with judgecrypto, right now it's very difficult to buy large amounts of SilkCoin. That buy order has been up there for close to two days, and it hasn't moved much. In fact when it first popped onto the order book it was at 1500 Satoshis, the buyer has gotten impatient waiting for someone to sell and moved it up to 1800 Satoshis and it's still there. With the amount of attention that we'll be getting at the start of the 2nd PoW phase, it will flood the market with new buyers and as judgecrypto mentioned that only 5 BTC is needed to get to 2500 Satoshis. The price will have a dramatic increase. There will be the inevitable dump of some coins from some miners and multipools, however by then I predict the market would've already have moved up to a new price level. The qeustion for me is: How many coins will be dumped? When will the dev's decision about the blockreward in the second POW stage be announced? Any update for that? The decision about the block reward, along with a few other major announcements will be posted during this week, at latest by Friday. We don't want to rush anything or launch anything prematurely. Thank you. Friday will be sufficient I think. Just to make things clear: I have a good bag of SCs and I see the potential of this coin. And I consider buying even more. That's why I'm asking. |
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the_polak12
Newbie
Offline
Activity: 2
Merit: 0
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June 03, 2014, 05:54:13 PM |
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Is there a chance they will cancel the second pow and stick with pos?
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Grifftech
Newbie
Offline
Activity: 56
Merit: 0
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June 03, 2014, 06:02:22 PM |
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Is there a chance they will cancel the second pow and stick with pos?
I hope not! Been dying to get my measly miners mining SC |
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litecoinlover654
Newbie
Offline
Activity: 14
Merit: 0
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June 03, 2014, 06:46:56 PM |
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25TH!!!
Just a small push to 22nd .. dougcoin wtf is that? target acquired!
Keep voting! there is more than 1000 community members if everyone vote for us our coin market will be added this week.come on all members please vote |
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Wulfcastle
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June 03, 2014, 06:56:42 PM |
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25TH!!!
Just a small push to 22nd .. dougcoin wtf is that? target acquired!
Keep voting! there is more than 1000 community members if everyone vote for us our coin market will be added this week.come on all members please vote We are now in #24 position! |
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litecoinlover654
Newbie
Offline
Activity: 14
Merit: 0
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June 03, 2014, 07:25:45 PM |
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great to hear.We will be on mintpal this week or next week
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sala2001
Newbie
Offline
Activity: 47
Merit: 0
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June 03, 2014, 09:01:27 PM |
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Hahaha everytime I go vote on MintPal I wonder : "who the fck still buys & vote for DOUGCOIN or BATCOIN instead of Silkcoin hehe". I guess people who don't know us yet  . |
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daywalkerneo
Full Member
Offline
Activity: 224
Merit: 100
http://qoinpro.com/cc9596f66d20add189728cb834d59b8
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June 03, 2014, 09:30:33 PM |
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After dealing with a bunch of junk coins silk is a nice relief
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