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quarkkid
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June 01, 2014, 03:02:01 PM |
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The Mining of your coin is very fast, and it has an effect as if you put downward pressure on the price!
Look at the market price and try to understand!
The market could not absorb that many coins that were produced! The price is totally down now! The price is 10% of what it could be with significant development!!!
Industrial-style miners are dumping your coin! There needs to be a balance between investors and miners.
At the moment investors have a huge disadvantage compared to the industrial-style miners!
Your highest priority should be:
1. Stabilise the economy! Reduce the coin supply rate per block by a factor of 10-20x! Industrial-style miners will stop dumping. Further this will establish trust for investors. I feel sorry for small miners but this is the only way out. In long term they will benefit when the price increases.
2. What is the point of X13 when it cannot be mined afterwards? Mining on X13 has to run in parallel with POS! Reward miners in the long term!
3. The first point will buy you time to develop additional state of the art features for Boostcoin! This will further increase the price.
very good points! |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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nick777
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June 01, 2014, 03:05:49 PM |
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mammix2 CAN YOU CHANGE THIS ?- Total coins: 40 Million BOST You can reduced the total no of coins, after the POW time will be around 12 millions coins A lot of investors are afraid of this big no. of coins because to reach 40 mill have to pass 15 years of POS COULD BE WRITTEN SOMETHING LIKE THIS Coins minted during POW: about 12 Million Proof-of-Stake Interest: 10% annually LOOK for the XC dev. , they already put on OP this action https://bitcointalk.org/index.php?topic=600706.0 Total # of Coins reduced to about 5.5Million with POW LOOK for the MAST dev. , they already put on OP this action https://bitcointalk.org/index.php?topic=613622.0Coins minted during POW: 2,455,692 Proof-of-Stake Interest: 15% annually |
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iru786
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June 01, 2014, 03:09:35 PM |
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mammix2 CAN YOU CHANGE THIS ?- Total coins: 40 Million BOST You can reduced the total no of coins, after the POW time will be around 12 millions coins A lot of investors are afraid of this big no. of coins because to reach 40 mill have to pass 15 years of POS COULD BE WRITTEN SOMETHING LIKE THIS Coins minted during POW: about 12 Million Proof-of-Stake Interest: 10% annually LOOK for the XC dev. , they already put on OP this action https://bitcointalk.org/index.php?topic=600706.0 Total # of Coins reduced to about 5.5Million with POW LOOK for the MAST dev. , they already put on OP this action https://bitcointalk.org/index.php?topic=613622.0Coins minted during POW: 2,455,692 Proof-of-Stake Interest: 15% annually +1 |
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Kergekoin
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June 01, 2014, 03:12:07 PM |
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The Mining of your coin is very fast, and it has an effect as if you put downward pressure on the price!
Look at the market price and try to understand!
The market could not absorb that many coins that were produced! The price is totally down now! The price is 10% of what it could be with significant development!!!
Industrial-style miners are dumping your coin! There needs to be a balance between investors and miners.
At the moment investors have a huge disadvantage compared to the industrial-style miners!
Your highest priority should be:
1. Stabilise the economy! Reduce the coin supply rate per block by a factor of 10-20x! Industrial-style miners will stop dumping. Further this will establish trust for investors. I feel sorry for small miners but this is the only way out. In long term they will benefit when the price increases.
2. What is the point of X13 when it cannot be mined afterwards? Mining on X13 has to run in parallel with POS! Reward miners in the long term!
3. The first point will buy you time to develop additional state of the art features for Boostcoin! This will further increase the price.
very good points! Well, i can tell predict you this. This coin PoW blocks will end at block 43200 and dev will not going to extend that number. Think about all the whales who would dump on that news, if dev would announce changing that number to something bigger. If you want to mine X13 for longer, i would suggest you to look towards Darkcoin, Marucoin or the coin which will launch this evening. Digit. https://bitcointalk.org/index.php?topic=597634.0  |
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thesociableme
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June 01, 2014, 03:18:06 PM |
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mammix2 CAN YOU CHANGE THIS ?- Total coins: 40 Million BOST You can reduced the total no of coins, after the POW time will be around 12 millions coins A lot of investors are afraid of this big no. of coins because to reach 40 mill have to pass 15 years of POS COULD BE WRITTEN SOMETHING LIKE THIS Coins minted during POW: about 12 Million Proof-of-Stake Interest: 10% annually LOOK for the XC dev. , they already put on OP this action https://bitcointalk.org/index.php?topic=600706.0 Total # of Coins reduced to about 5.5Million with POW LOOK for the MAST dev. , they already put on OP this action https://bitcointalk.org/index.php?topic=613622.0Coins minted during POW: 2,455,692 Proof-of-Stake Interest: 15% annually +1 +1 |
☆☆☆☆☆☆☆☆ New AltCoin Dice Site | BoomDice | Currently Beta Testing ☆☆☆☆☆☆☆☆
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mammix2 (OP)
Legendary
 Offline
Activity: 1302
Merit: 1004
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June 01, 2014, 03:46:20 PM |
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what is min time to stake on this coin? anyone know the answer?
Hi minimum coin age is 24 hours for staking to begin |
1HfpFYxBUpQ941mKd4DEjsyA22HN4Kerzu
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letitbit
Member
Offline
Activity: 174
Merit: 10
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June 01, 2014, 04:34:59 PM |
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Price is dropping again....
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Gravy
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June 01, 2014, 04:36:49 PM |
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Price is dropping again....
yup, sux, how do you expect multipools to have a decent payout, with high prices?? |
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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June 01, 2014, 04:39:59 PM |
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the volume is more important, it's the foundations, you need a high volume, before building a good price
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quarkkid
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June 01, 2014, 04:40:24 PM |
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@ mammix2
Any thoughts about the issues raised a few posts above in relation to coin supply??
Am interested in your opinion about this.
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63296310
Sr. Member
Offline
Activity: 313
Merit: 250
Changing avatars is currently not possible.
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June 01, 2014, 04:41:32 PM |
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Can consider to cut production
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Dsb6Mc9TgGV1i3rzcbQeuWMni6Ve2sbXP2G
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Stronci
Member
Offline
Activity: 104
Merit: 10
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June 01, 2014, 04:47:15 PM |
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BOOST THE BEST! VOTE ON MINTPAL! MOVE! MOVE! MOVE!
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mammix2 (OP)
Legendary
Offline
Activity: 1302
Merit: 1004
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June 01, 2014, 04:59:51 PM |
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Hey all, i will be back online in a couple of hours where i will reply to a lot of these posts about changing the coin supply wording etc...
I agree with some of the things being suggested with coin supply wording etc...
Back soon....
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1HfpFYxBUpQ941mKd4DEjsyA22HN4Kerzu
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bloodyboy
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June 01, 2014, 05:02:24 PM |
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35002 block 
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dstorm
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June 01, 2014, 05:02:42 PM |
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bost.altmine.net p2pool* Dedicated servers in Europe with 1 Gbit/s connection and DDoS protection. * No user account required. * Instant payouts when blocks are found. * 0% fee.
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63296310
Sr. Member
Offline
Activity: 313
Merit: 250
Changing avatars is currently not possible.
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June 01, 2014, 05:06:17 PM |
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Hey all, i will be back online in a couple of hours where i will reply to a lot of these posts about changing the coin supply wording etc...
I agree with some of the things being suggested with coin supply wording etc...
Back soon....
good job！ looking forward to your change |
Dsb6Mc9TgGV1i3rzcbQeuWMni6Ve2sbXP2G
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ArbyWan
Newbie
Offline
Activity: 28
Merit: 0
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June 01, 2014, 05:19:15 PM |
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boost.monsterhash.me is reporting 2 blocks found but only one paid out, and zero unconfirmed, and of course the site won't let me contact them via email haha, wow.
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monsterhash.me
Newbie
Offline
Activity: 22
Merit: 0
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June 01, 2014, 05:27:55 PM |
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boost.monsterhash.me is reporting 2 blocks found but only one paid out, and zero unconfirmed, and of course the site won't let me contact them via email haha, wow.
You can contact us here via PM at any time. We've updated to the latest wallet and had to redownload the blockchain, this made some issues as we were "traveling through time" with the boost blocks downloaded  everything is fixed now, sorry for the hiccup |
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PhilDwg
Newbie
Offline
Activity: 55
Merit: 0
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June 01, 2014, 05:31:36 PM |
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BoostCoin is back up to #2 highest volume on Bittrex, exciting  |
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SeaSoul
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June 01, 2014, 05:35:07 PM |
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i vote |
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Poll
