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

[Quantum12]

For me this is a most exciting start on mintpal

Normally coins hit and are pumped to oblivion then dumped , or are just dumped upon until only a few bag holders remain,

What i am seeing at the moment is scrutiny from the community .. then they open the wallet and .. woot they realize the potential. stability occurs as people understand what this is bringing to the crypto table.. and then boom...

Exactly!

Look at the charts of Yellowcoin or Entropycoin for example; a very big dump......

If we believe in this coin as a community we can reach 30k easily!!

Also i would like to know if the dev can give more news regarding the Silkcoin Multipool

We are working on the multipool situation and hope to have it up some time in the POS phase, right now it is equal priority to eco system white paper

[Wulfcastle]

For me this is a most exciting start on mintpal

Normally coins hit and are pumped to oblivion then dumped , or are just dumped upon until only a few bag holders remain,

What i am seeing at the moment is scrutiny from the community .. then they open the wallet and .. woot they realize the potential. stability occurs as people understand what this is bringing to the crypto table.. and then boom...

Exactly!

Look at the charts of Yellowcoin or Entropycoin for example; a very big dump......

If we believe in this coin as a community we can reach 30k easily!!

Also i would like to know if the dev can give more news regarding the Silkcoin Multipool

Yes work is being done on the multipool, but more on that will be explained later, most likely after the white paper announcement.

[MEGAman]

For me this is a most exciting start on mintpal

Excellent start. Come back in a week and it will be interesting to see what you think.

Bounty Idea

Post a screen grab of MEGAman ignored to receive a small amount of SC   Unfortunately I don't have the SC to spare, but here is mine LOL

Good idea. Put the blinders on, ignore the facts, hold your bags tight and open those wallets. Quickest way to get to the moon. Bernie Madoff probably has some hot tips for you too.

What "facts"? You are just spewing BS. This thread was pleasant until you came along with your vitriol. I guess it is only fitting for trolls to be coming along now, it is a sign of success after all.

Please keep bumping the thread!

Spewing BS? I said there was a a 4.46% premine despite the original post still claiming 2%. That is a fact. I claimed that the premine represents roughly 50% of all coins in existence right now and all that matters is right now because this coin will be dead within 3 weeks. So the dev controls the entire market. I said we've seen this exact same thing time and time again and I don't understand why people are buying into it. You think the dev hasn't dumped the bulk of the premine but take a look at the actual blockchain and follow the money. You are all being played with a smile on your faces. No legitimate developer would premine 4.46% of all of the coins that will ever exist - that's a red flag right there. I compared it to Yellowcoin because it was the same shit in a new package. One month from today, compare the Yellowcoin chart on MintPal to the Silkcoin chart and you will realize everything I have said here is correct. I can't prevent you from making bad decisions or ripping people off but I'd like to think I can help people learn to do some basic research before blindly jumping in on the next premined/PoS scam. I'm tired of seeing these guys line their pockets with dirty money by exploiting the ignorant.

[MEGAman]

For me this is a most exciting start on mintpal

Normally coins hit and are pumped to oblivion then dumped , or are just dumped upon until only a few bag holders remain,

What i am seeing at the moment is scrutiny from the community .. then they open the wallet and .. woot they realize the potential. stability occurs as people understand what this is bringing to the crypto table.. and then boom...

Exactly!

Look at the charts of Yellowcoin or Entropycoin for example; a very big dump......

If we believe in this coin as a community we can reach 30k easily!!

Also i would like to know if the dev can give more news regarding the Silkcoin Multipool

Yellowcoin actually held pretty steady around 0.00001 for about the first 30 hours only slightly trending downward. Pretty typical really. High volume early while people are excited and the dev can just unload their premine throughout the first day. Then it slowly drifts away while bagholders wait around for the "big pump" that is never coming. The coin is officially dead after about 2 weeks and the devs have already moved on to their next scam (probably even attracting a bunch of their previous victims again). This scam in particular is intriguing to people because they all think it's going to be the "next blackcoin" because of the PoS. In reality, the PoS is simply there so that the dev can disguise the size of the premine and also encourage people to hold their coins (gotta get that Pos!) while they're dumping on your asses. I've seen it at least 20 times now and it's always the same. Come back in 2 weeks and tell me I'm wrong. Come back in a week and tell me I'm wrong!

[CryptoGuy]

Ah yes, the ever noble, epathetic forum poster who is concerned about everyone else's coins. I'm so glad they come into threads and argue with bagholders to get them to see the light!

Thank you for your wisdom and foresight! I knew I shouldn't have bought in below 1000 satoshis, or at around 2000 satoshis, or in the 3000 range either, those were obvious bubbles too. And the ones I bought in the 4000's was a huge mistake as well. Damn, I don't know how to invest. Hindsight is always 20/20. I suppose I better dump them all at 7200 so I can stop the bleeding.

[bluepixie]

I see silk coin as a big step in bringing all things crypto together. I dont have to use a calculator to add up what my coins are in US$ or Bitcoin.  I can check out the blockexplorer in the Wallet. I can talk to other silkworms in the wallet. I can check the price of the coin on bittrex from the wallet. It stakes like a beast. When there is a bug in the wallet its fixed in 20 minutes. These 5 guys(developers) have put alot of energy into SILK. If they want to make 15k$ each while I make my $5k, so be it. This is the first coin I feel has Real world application. I mine lots of other coins. Silk coin is the first one I really want to buy more then I mine. I will keep throwing my Bitcoins on the pile as long as they keep their word. I think alot of other miners are thinking the same thing. These guys are smart enough to implement good things into their coin, and patient enough to do it right.

HAPPY to be a SILK WORM!

[hellyeahent]

Specifications

• Block time: 1 minute
• Maximum POW supply: 100 million
• Difficulty retarget: every block
• Stake interest: 2% annually
• Min transaction fee: 0.0001 BC
• Fees are paid to miners
• Confirmations: 10, maturity: 350
• Minimum stake age: 12 hours - No max age
• P2P port: 16666, RPC port: 16667

copy past mistake!
page bookmarked.

Yes indeed our coin is based on blackcoin, the specs are sometime similar so it was a copy paste thanks just edited it.

And we are not ashamed of it, it's the point of open source. And by the way you can also quote where we say.

(yes blackcoin is an exception and a amazing coin and we wish all the best for them)

So silkcoin is like cat /kitten coin for DOGE ? and DOGE here is BC ? no thx

[CryptoGuy]

So silkcoin is like cat /kitten coin for DOGE ? and DOGE here is BC ? no thx

Yes, exactly like that. The CAT and KITTEH dev's put a ton of work into changing the wallet logos. These Silkcoin dev's haven't done a damn thing differently than Darkcoin.

[cryptost]

Really nice looking wallet with lots of features, Good job!

[Mr.Joker]

Silkcoin has the highest volume ever on bittrex ??

[stormia]

For me this is a most exciting start on mintpal

Excellent start. Come back in a week and it will be interesting to see what you think.

Bounty Idea

Post a screen grab of MEGAman ignored to receive a small amount of SC   Unfortunately I don't have the SC to spare, but here is mine LOL

Good idea. Put the blinders on, ignore the facts, hold your bags tight and open those wallets. Quickest way to get to the moon. Bernie Madoff probably has some hot tips for you too.

What "facts"? You are just spewing BS. This thread was pleasant until you came along with your vitriol. I guess it is only fitting for trolls to be coming along now, it is a sign of success after all.

Please keep bumping the thread!

Spewing BS? I said there was a a 4.46% premine despite the original post still claiming 2%. That is a fact. I claimed that the premine represents roughly 50% of all coins in existence right now and all that matters is right now because this coin will be dead within 3 weeks. So the dev controls the entire market. I said we've seen this exact same thing time and time again and I don't understand why people are buying into it. You think the dev hasn't dumped the bulk of the premine but take a look at the actual blockchain and follow the money. You are all being played with a smile on your faces. No legitimate developer would premine 4.46% of all of the coins that will ever exist - that's a red flag right there. I compared it to Yellowcoin because it was the same shit in a new package. One month from today, compare the Yellowcoin chart on MintPal to the Silkcoin chart and you will realize everything I have said here is correct. I can't prevent you from making bad decisions or ripping people off but I'd like to think I can help people learn to do some basic research before blindly jumping in on the next premined/PoS scam. I'm tired of seeing these guys line their pockets with dirty money by exploiting the ignorant.

That's exactly it, we're a bit overwhelmed at the moment to update this but we'll put it soon in the main post .


You can check the premine wallet here in the meantime to be sure we don't dump :

http://explorer.silk-coin.com/address/BFEZyzaVwEfd9q8eNN2UZz3zjmZ74p29zn
http://explorer.silk-coin.com/address/BGAvX8sxyzA8jKdERc46UfiaXKt3K7nKcx
http://explorer.silk-coin.com/address/BAuVLtGJ4tRZrfFLvCX23P3aEYGhSwkmmf

Just a quick update about the premine since it's been a while . There's about 1 150 000 left on the 2 000 000 and it was 2% of 100 million at first. You can check here to get the premine wallets address.

And really who cares if it's not 2% since we're distributing all of it? Even more, we pay in bitcoins when we can to make the premine last you can ask team members (the occulus is not paid with silkcoins by the way regarding the last posts).
Also, more than 200k were spent only for the mintpal campaign and you know there's a lot more than that going on and a lot more people to pay.

Anyway make your own judgement, we've been here for a while now you can judge us on what we've done and given . Enough talk about the FUDsters.
Ps : btw you could've bought 2million for less than 10btc, it spiked down to ~350sat a lot of times in the early stages, don't be mad you're late and join the party!

--

Other subject, we wanted to say a big THANKS to the community and don't forget the team members, Wulfcastle, Quantum12, Judge Crypto, Karudea they have been helping and supporting us since start, nothing would've been possible without them.

We just have a great community, this thread has been one of the most positive thread I've ever seen.

On the dev side, expect some news coming in early next week (we didn't expect MintPal integration so soon), everything is coming in place and we got absolutely no major problems since start so it's all coming in nicely.

Learn to read.

Also, it may help your argument become more convincing if you can actually back it up in some tangible way.

[stormia]

Please accept MEGAman's opinion.
It's his vision about this coin, just like any other vision.

It may be FUD, it may be a warning, it may be wrong...

We have seen many similar things like this before (Edgecoin, CoinMart,... (the same design)) and therefor we must be extra precautions.

We'll come back to this issue after one month =)

How is silkcoin like edgecoin and coinmart? Those coins/services held IPOs and posted fake images of fancy wallets and informatics with features  and promises and then failed to deliver (in the case of edgecoin the dev claimed all the IPO btc was "robbed" and ran away with the money). Silkcoin did not have an IPO, and so far has come through on all the features it has promised (once again I urge you to look at the wallet). The devs have not run away with any money and have already produced a product which is better than the majority of coins out there and they appear to be developing it further.

[whatthefugg]

Ohh boy, here come the FUD/Trolls coincidentally all flood in when it starts taking off. Ive seen alot of these same dudes in other threads doing the same thing, especially megaman. They spend hours upon hours on these forums out of the kindness of their hearts to warn us so we don't get scammed. They really care about all of us here and they have no alterior motives whatsoever!! Amirite guize?? 8^)

[nzminer]

Man look at all the poor FUDsters coming in here!
Too bad they did not invest in SC, its got a far better future than many other coins, look at the price now! 4.2 cents!
Im holding 260k of the things!

I take it that we are back to POS now?

[flipboxx]

You know, one thing I learned in the Cryptoworld is, every time a coin is successful two things happen:

1. Trolls holding other coins (either shitcoins or bag holding) come around and spread FUD and whatever they think anyone cares about

2. People come up with questions like: "Really honest question: What makes this coin special?" Because they are too stupid to read the OP, OR just want to spread FUD


My tips:

1. Stop investing in coins named like cartoons or having childish bullshit names. They will NEVER be successful in the long run.
2. Learn to take a loss. Just because you are beginning (friendly said) investor or just an idiot, no necessity to try to bash legit coins.
3. Learn to read OPs, Reddit, Twitter and Charts. If you invest wisely, you won't have to waste your time with spreading FUD.
4. Invest in SilkCoin NOW, before you completely miss the train because of your shittalk

[flipboxx]

Man look at all the poor FUDsters coming in here!
Too bad they did not invest in SC, its got a far better future than many other coins, look at the price now! 4.2 cents!
Im holding 260k of the things!

I take it that we are back to POS now?

Near to: 218 Blocks to go!

[Wulfcastle]

Just an update everyone, we are now at block 59723, less than 5 hours before the end of the PoW phase and before we move into full PoS

[Beezy_Z]

Looking forward to read the Ecosystem regarding Whitepaper!
250 Blocks more to go till POW Ends!

[joobz]

Silkcoin just made it to MINTPAL!

Great time to invest in SilkCoin!!

[SeDz]

it will be great to see silkcoin @10k