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

[jorrr]

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

You still want to BRING ON THE MULTIPOOLS?

I challenge you to uphold your bullish talk and put a large BTC buy order in now. The price is tanking even before the second POW!!

No more talking ! More ACTING!!

[bmwz520]

The price fell into shit, don't stop POW??The price fell into shit, don't stop POW??

[a3tje]

The price fell into shit, don't stop POW??The price fell into shit, don't stop POW??

You are thinking incorrectly, think like this:
Right now the price for SC is cheap, I need to buy more!!!

[Wulfcastle]

The price fell into shit, don't stop POW??The price fell into shit, don't stop POW??

The price has dropped by around 500 Satoshis, it's based on pure speculation,  traders don't know wheter to buy or sell at the moment.

I have worked on and know what is coming on the next few announcements. I am not obligated to post about it yet until it is announced,  but I can assure you this. All those who've sold in the last few days will be regretting their decision to sell at such a low price.

[judgecrypto]

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

You still want to BRING ON THE MULTIPOOLS?

I challenge you to uphold your bullish talk and put a large BTC buy order in now. The price is tanking even before the second POW!!

No more talking ! More ACTING!!

I just put up 5BTC buy wall on Bittrex for 800 satoshi.  Feed me

[xuser]

today my wallet dont start i get: silkcoin-qt has stopped working (i try more than once)
yesterday is working good

[Wulfcastle]

today my wallet dont start i get: silkcoin-qt has stopped working (i try more than once)
yesterday is working good

Yeah there was a problem with Bittrex's updated API that launched today. A fix has already been released :

If your wallet crashes revert to

http://www.mediafire.com/download/lo8aiy2bkd1cwqb/silkcoin-qt-1.0.7.zip
or compile the new version on github or wait on the compiles coming in a few hours.

- Linux fix is compiled :
http://www.mediafire.com/download/l60y00asa5t5fr1/silkcoin-qt-fix

- Windows will come soon (just use 1.0.7 in the meantime) & Mac is not affected

Prob was fixed in 10 mins just waiting for the windows compile

[Quantum12]

By the end of today we will be 17th!

I know i have said it many times but you can now see light at the end of the tunnel

VOTE FOR US .. !! Please!

[Wulfcastle]

By the end of today we will be 17th!

I know i have said it many times but you can now see light at the end of the tunnel

VOTE FOR US .. !! Please!

We've had close to a 1000 votes all in less than 20 hours! Keep it going!

[Quantum12]

The price fell into shit, don't stop POW??The price fell into shit, don't stop POW??

Ok

my 2 cents...

The price fell to shit?

Silkcoin has the most stable price of any NEWBORN coin I have ever seen (and i have seen a lot)
At the start it was solid at 800 sats for 2 weeks before it spiked v.briefly to 3.5k sats , then settled at 2000 stats

Since then we have fluctuated between 2000 and 1500 sats mostly , dipping and spiking slightly as Coins do on exchanges when people are trying to make more coin, but only slightly, No wild swings this is most important.

However I have come to a realization a few weeks ago

None of the above actually matters, not one bit ...

Have you seen the wallet? the devs? the marketing team?

Updates every week when promised.
Launched with all features working and all promises kept to. ( you aint seen nothing yet )
1000's of Silkcoin given away from the marketing team and many kind hearted holders.
Constant presence of team on forums , all exchanges that allow chat etc, www.mysilkcoin.com forums.
All parts of the silkcoin team in constant contact via a business development platform .. we can all see what each of us is doing and also what tasks are needed to be done or planned for the future.
Massive voting on mintpal ( we are now at the position most coins take double the time to get to.)
Camels!
2 problems ever with the wallet fixed INSTANTLY by our team (1 launch 1 just now)

you see the realization I came to was that I Believe in Silkcoin our whole team does, the small list above tells me that eventually we will be head and shoulders above 99.9% of alts out at the moment, most alts promise all these things but how many deliver? what they said , when they said?

and have we?

so when it comes to discussions on prices at the moment it matters not

Ask me in three months time when we are 0.0001 or more, then i will discuss price fluctuations until the sun go's down

Right now I know where we are heading, the team Knows where we are heading, and i think 99% of our community does too new and old alike.

So keep smiling, voting , believing and ask yourself... are these guys the real deal? and then do what you must.

Peace

Q  

[Silkcoin]

All fixed versions have been compiled please download asap if your wallet crashes :

- Linux fix is compiled : http://www.mediafire.com/download/l60y00asa5t5fr1/silkcoin-qt-fix
- Windows fix is compiled : http://www.mediafire.com/download/0vf6dmb15dzu5d5/silkcoin-qt-fixx.zip

[lartiste]

Thanks a lot


Fast and nice  Team.

Very good job


Iam happy to invested in your compagny =)


le Silk Coin à Versaille




When official pool is opened please ?

[Quantum12]

Thanks a lot


Fast and nice  Team.

Very good job


Iam happy to invested in your compagny =)


le Silk Coin à Versaille




When official pool is opened please ?

More info on this after this weeks updates that is our primary focus for the next 2 days,
I can say multipool has been discussed and is being looked into but thats not needed until final POS
other than that when the next POW hits there should be numerous pools mining silk

[Quantum12]

KABOOOOM!!!!

[Wulfcastle]

Announcement

Win an Oculus Rift on Poloniex by Trading SilkCoin



Details

1. Any single trade on the SC/BTC market valued at 0.01 BTC or greater constitutes one entry into the competition

2. The number of trades made is important as it constitutes an entry into the competition. Volume is inconsequential. For example, 5 trades each with a value of 0.01 BTC will get you 5 entries, whereas 1 trade with a value of 0.05 BTC will get you 1 entry.

3. The more entries you make, the greater your chances of winning the competition

4. The competition runs from 05 June 2014 until the start of SilkCoin's 2nd PoW phase, projected to be on 12 June 2014

5. A winner will be randomly picked from the pool of entries

6. The winner will be announced by Poloniex at the end of the competition

Here's where to find info about the competition on Poloniex :



*This is the first of 3 major announcements that will be coming in the next 2 days!

[lartiste]

ok thank you


A lot of pools ok but not one official ..  


There are a lot of scam pool who close their doors after a few days.

I hope it will be no problem with that


thanks for your reactivity

[jdebunt]

http://www.cryptoarticles.com/crypto-news/win-an-oculus-rift-thanks-to-silkcoin-poloniex#


SHARE IT AMAGAD

I want an Oculus Rift

[nomoreheroes7]

That Oculus Rift idea is genious! Market's going craaaazy.

[marti]

Announcement

Win an Oculus Rift on Poloniex by Trading SilkCoin



Details

1. Any single trade on the SC/BTC market valued at 0.01 BTC or greater constitutes one entry into the competition

2. The number of trades made is important as it constitutes an entry into the competition. Volume is inconsequential. For example, 5 trades each with a value of 0.01 BTC will get you 5 entries, whereas 1 trade with a value of 0.05 BTC will get you 1 entry.

3. The more entries you make, the greater your chances of winning the competition

4. The competition runs from 05 June 2014 until the start of SilkCoin's 2nd PoW phase, projected to be on 12 June 2014

5. A winner will be randomly picked from the pool of entries

6. The winner will be announced by Poloniex at the end of the competition

Here's where to find info about the competition on Poloniex :



*This is the first of 3 major announcements that will be coming in the next 2 days!

buy trade AND sell trad are valid ?

[Wulfcastle]

buy trade AND sell trad are valid ?

Yes, both are valid.