coine_smithe
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May 27, 2014, 02:42:34 AM |
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POW could be lowered to 21000 or 21500
Yes do it. The crypto public should all be well aware of the opportunity to mine this coin by now so nobody can argue that they didn't get a chance.
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provenceday
Legendary
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Activity: 1148
Merit: 1000
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May 27, 2014, 02:43:22 AM |
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POW could be lowered to 21000 or 21500
21000 is better, we do not need to feed the Multipool.
they do nothing good to this coin, just like a vampire
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braxx
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May 27, 2014, 02:43:37 AM |
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average time for block is now 1.17 it will rise to 1m30 (40 in 1 hour) (through difficulty) (2700/40)=67 hours 67 hours = 2.8 days
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provenceday
Legendary
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Activity: 1148
Merit: 1000
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May 27, 2014, 02:45:48 AM |
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POW could be lowered to 21000 or 21500
Yes do it. The crypto public should all be well aware of the opportunity to mine this coin by now so nobody can argue that they didn't get a chance. do it dev, the sooner the better, and you can put this on the ANN title, so every people know what will happen.
otherwise they may have some misunderstood.
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provenceday
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Activity: 1148
Merit: 1000
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May 27, 2014, 02:46:30 AM |
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POW could be lowered to 21000 or 21500
21000 is better, we do not need to feed the Multipool.
they do nothing good to this coin, just like a vampireMultipool is a vampire
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BADASS
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May 27, 2014, 02:46:33 AM |
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As many say you only lose money when you sell below your buy price. Only buy when you are confident that it will remain at or exceed that price in a time period you are comfortable with. Also don't sell a coin just because of a price movement. As you cans see the price is already recovering. During certain events like today with Darkcoin going down and coming back up, market manipulators will scare you into selling at a loss, and even worse, re-buying at a loss again, and possibly even selling at a loss a second time.
This is the folly of day traders which should be absolutely avoided. It is where the whales make all of their money. As an investor your job is buy and hold with the confidence that you will reach a return. In the meantime the price may fluctuate but your job is to know that it will return to the price that you are comfortable selling at. Sometimes that may mean selling at a loss if catastrophe occurs to the coin, but as you can see here absolutely nothing of the sort has occurred. The price fluctuations are purely temporary and meaningless except to steal money from panicking day traders.
I appreciate the advice, but I've been trading on exchanges for two months solid. Cryptocurrency is one of the craziest games you can play! I'm a Vagabond traveling through the crypto world. If a coin is still going strong after a week, I am very surprised. I never make any money from sitting on a coin, hope in this game will burn you for everything you have. You have to read the movements of the coins. What times they are going up, when they are going down, and you must have the right TOOLS for the job to alert you when theirs a PUMP or DUMP is happening. I have come from the WC train, the AC train, the Dorkcoin train and am now here. Looking good atm. Lots of pages, lots of movement, vibe is good and only all so new. Will be staying till the greed kicks in!
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cryptohunter
Legendary
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Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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May 27, 2014, 02:47:39 AM |
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use hashcows for the multipool when POW is over?
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coine_smithe
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May 27, 2014, 02:49:21 AM |
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As many say you only lose money when you sell below your buy price. Only buy when you are confident that it will remain at or exceed that price in a time period you are comfortable with. Also don't sell a coin just because of a price movement. As you cans see the price is already recovering. During certain events like today with Darkcoin going down and coming back up, market manipulators will scare you into selling at a loss, and even worse, re-buying at a loss again, and possibly even selling at a loss a second time.
This is the folly of day traders which should be absolutely avoided. It is where the whales make all of their money. As an investor your job is buy and hold with the confidence that you will reach a return. In the meantime the price may fluctuate but your job is to know that it will return to the price that you are comfortable selling at. Sometimes that may mean selling at a loss if catastrophe occurs to the coin, but as you can see here absolutely nothing of the sort has occurred. The price fluctuations are purely temporary and meaningless except to steal money from panicking day traders.
I appreciate the advice, but I've been trading on exchanges for two months solid. Cryptocurrency is one of the craziest games you can play! I'm a Vagabond traveling through the crypto world. If a coin is still going strong after a week, I am very surprised. I never make any money from sitting on a coin, hope in this game will burn you for everything you have. You have to read the movements of the coins. What times they are going up, when they are going down, and you must have the right TOOLS for the job to alert you when theirs a PUMP or DUMP is happening. I have come from the WC train, the AC train, the Dorkcoin train and am now here. Looking good atm. Lots of pages, lots of movement, vibe is good and only all so new. Will be staying till the greed kicks in! I agree completely!
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provenceday
Legendary
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Activity: 1148
Merit: 1000
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May 27, 2014, 02:49:43 AM |
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use hashcows for the multipool when POW is over?
that's a Really good advice, can somebody ask them add XC coin?
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coine_smithe
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May 27, 2014, 02:50:55 AM |
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use hashcows for the multipool when POW is over?
that's a Really good advice, can somebody ask them add XC coin? This coin is hugely popular! I think it deserves a dedicated multipool and it is very doable. If there's nobody willing to do it now then there should be a bounty. Hashcows is fine for a temporary solution.
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Vcmint
Newbie
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Activity: 59
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May 27, 2014, 02:51:29 AM |
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POW could be lowered to 21000 or 21500
Yes do it. The crypto public should all be well aware of the opportunity to mine this coin by now so nobody can argue that they didn't get a chance. +1 yes for 21000
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jakecrow
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May 27, 2014, 02:57:22 AM |
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POW could be lowered to 21000 or 21500
Shrug, if you do this please destroy some of the premine to return it to the same ratio. Else this thread will be full of scam accusations about how you reduced the coins but kept the same premine.
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battbot
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May 27, 2014, 02:57:35 AM |
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POW could be lowered to 21000 or 21500
Yes, lower to 2100 -- you had originally said PoW mining would only be for 1 more day after wallet update. But at this rate it will last another 3 days.
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battbot
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May 27, 2014, 02:59:34 AM |
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POW could be lowered to 21000 or 21500
Shrug, if you do this please destroy some of the premine to return it to the same ratio. Else this thread will be full of scam accusations about how you reduced the coins but kept the same premine. Still wouldn't even be close to DRK's premine. I think Dev deserves a nice pay for his work. Let him keep and use some for bounties as well. How about if he reduces to 21000 blocks, let him allocates a small portion of the premine to a public bounty address used to pay for bounties? Just an idea. I'm not opposed to him keeping it all, to be honest
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bitcad4u
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May 27, 2014, 02:59:44 AM |
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POW could be lowered to 21000 or 21500
Shrug, if you do this please destroy some of the premine to return it to the same ratio. Else this thread will be full of scam accusations about how you reduced the coins but kept the same premine. or send some pre mine to me... that way its fair for everyone.
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provenceday
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Activity: 1148
Merit: 1000
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May 27, 2014, 02:59:49 AM |
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We should have our XC Multipool.
Hope we have bonus for a good Multipool!
we need this. i will donate 100 XC for this.
anybody want to donate?
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CryptoFury
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May 27, 2014, 02:59:58 AM |
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Is anyone here interested in helping me setup a multipool like BC has for when we go POS? BC Multipool mines other top profitable POW coins - sells them on exchanges and buys up XC to distribute to miners I own BuyXC.com and XCMultiPool.com - both are for sale here -----> https://bitcointalk.org/index.php?topic=626456.new#newI am much more interested however in setting up this multipool - I am a believe in XC and would be willing to trade these for XC/BTC or other popular alts with at the very least - good volume on MP/POLO/CRYPTSY Will escrow to a trusted party - not sure who to use and will go with community recommendations. Also - if you are interested in setting up a gateway that will let people buy very litter (up to say $20) of XC with USD/EUR etc that we could use on BuyXC.com - that would be exciting. I am super excited for XC - I own only a few but am excited to at least imagine I could be holding the equivalent of BuyBTC.com and BTCmultipool.com
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cyberspacemonkey
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May 27, 2014, 03:01:12 AM |
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Is this Coin worth mining? and buying will price go up over time? can it Beat Darkcoin? It need to implement anonymous transactions though I think.
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provenceday
Legendary
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Activity: 1148
Merit: 1000
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May 27, 2014, 03:01:29 AM |
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Is anyone here interested in helping me setup a multipool like BC has for when we go POS? BC Multipool mines other top profitable POW coins - sells them on exchanges and buys up XC to distribute to miners I own BuyXC.com and XCMultiPool.com - both are for sale here -----> https://bitcointalk.org/index.php?topic=626456.new#newI am much more interested however in setting up this multipool - I am a believe in XC and would be willing to trade these for XC/BTC or other popular alts with at the very least - good volume on MP/POLO/CRYPTSY Will escrow to a trusted party - not sure who to use and will go with community recommendations. Also - if you are interested in setting up a gateway that will let people buy very litter (up to say $20) of XC with USD/EUR etc that we could use on BuyXC.com - that would be exciting. I am super excited for XC - I own only a few but am excited to at least imagine I could be holding the equivalent of BuyBTC.com and BTCmultipool.com i agree with this! We should have our XC Multipool. Hope we have bonus for a good Multipool! we need this. i will donate 100 XC for this. anybody want to donate?
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