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testadimerlo
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May 22, 2014, 12:59:49 PM |
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What are your expectations when pos starts? I mean about the price. Because I m trying to understand why people dump in this moment
It's Multipool dumps going on.... perfect time to buy - IMO this will be worth at least 5BTC/1 SYNC in a few weeks... Thanks for the reply. I m not tech astute but wasn't he aim of the multipool to keep hight the price? |
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cjp007
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May 22, 2014, 01:00:35 PM |
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What are your expectations when pos starts? I mean about the price. Because I m trying to understand why people dump in this moment
Look I think this could be one of the best PnD coins of all time but I am in for practical use, so would rather stay in BTC because I am sure the price will be over 1000 again by the end of the year. Understood, but why only double your bitcoin by years end when you could easily 10X it with sync? |
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MsCollec (OP)
Legendary
 Offline
Activity: 1400
Merit: 1000
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May 22, 2014, 01:02:12 PM |
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What are your expectations when pos starts? I mean about the price. Because I m trying to understand why people dump in this moment
Look I think this could be one of the best PnD coins of all time but I am in for practical use, so would rather stay in BTC because I am sure the price will be over 1000 again by the end of the year. I believe Bitcoin is one of the biggest PhD coins of all time too and it's going to worth zero at the end of the year.  |
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cjp007
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May 22, 2014, 01:03:07 PM |
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What are your expectations when pos starts? I mean about the price. Because I m trying to understand why people dump in this moment
It's Multipool dumps going on.... perfect time to buy - IMO this will be worth at least 5BTC/1 SYNC in a few weeks... Thanks for the reply. I m not tech astute but wasn't he aim of the multipool to keep hight the price? Different type of multipool - the ones that mine sync and payout in BTC hurt us. The ones that mine other alt coins and payout in sync help us. One sells massive amount one buys massive amounts. Once the pow (mining period is over) the first type are no more a threat, therefore the price will rise up and up from the second type. Hope that makes sense. |
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magpr
Legendary
Offline
Activity: 1190
Merit: 1006
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May 22, 2014, 01:03:53 PM |
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What are your expectations when pos starts? I mean about the price. Because I m trying to understand why people dump in this moment
It's Multipool dumps going on.... perfect time to buy - IMO this will be worth at least 5BTC/1 SYNC in a few weeks... yes 5btc easy. i already bought some Yes, good time to buy more SYNC!  |
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youngwebs
Legendary
Offline
Activity: 1080
Merit: 1055
DEV of DeepOnion community pool
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May 22, 2014, 01:04:13 PM |
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Are there any x11 auto switching pools yet?
yes there is, it also pays you SYNC as well!  http://multipoolmining.com |
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Firebird2000
Member
Offline
Activity: 62
Merit: 10
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May 22, 2014, 01:06:42 PM |
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I have a stupid question. This is the first coin I have mined with x11, So I know very little about it. I was mining at Dedicated pool at the start, but as soon as the scrypt multipool started, I switched over to them, hoping for a better payout. I was not disappointed, I think it worked out quite well. Now the multipool offers x11 mining as well. I see that alot of people were waiting for X11 before joining the multipool. Which should I be mining? Here is what I have. 2 PC's running a total of 5 HD7950's. They get about 625 kh/s each scrypt (3.125 Mh/s scrypt total) For X11 they each get about 1.8 Ms/s (9 Mh/s X11 total) I run these at my work so electricity is free and heat is not a factor. Now that I can choose scrypt or X11 at the multipool, what is a better choice? What will get me the best bang for my buck? Sorry about the stupid questions, but I just don't know which way to go and I am hoping some of you salty dogs know the right choice. Thanks!  |
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Bluestreet
Legendary
Offline
Activity: 988
Merit: 1000
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May 22, 2014, 01:07:29 PM |
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What are your expectations when pos starts? I mean about the price. Because I m trying to understand why people dump in this moment
It's Multipool dumps going on.... perfect time to buy - IMO this will be worth at least 5BTC/1 SYNC in a few weeks... Thanks for the reply. I m not tech astute but wasn't he aim of the multipool to keep hight the price? Different type of multipool - the ones that mine sync and payout in BTC hurt us. The ones that mine other alt coins and payout in sync help us. One sells massive amount one buys massive amounts. Once the pow (mining period is over) the first type are no more a threat, therefore the price will rise up and up from the second type. Hope that makes sense. So the price of 365 would be a lot higher if it had a multipool backing? Right now 365 is worth 0.82, so the multipool is what separates the 2 coins. |
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MsCollec (OP)
Legendary
Offline
Activity: 1400
Merit: 1000
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May 22, 2014, 01:17:50 PM |
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What are your expectations when pos starts? I mean about the price. Because I m trying to understand why people dump in this moment
It's Multipool dumps going on.... perfect time to buy - IMO this will be worth at least 5BTC/1 SYNC in a few weeks... Thanks for the reply. I m not tech astute but wasn't he aim of the multipool to keep hight the price? Different type of multipool - the ones that mine sync and payout in BTC hurt us. The ones that mine other alt coins and payout in sync help us. One sells massive amount one buys massive amounts. Once the pow (mining period is over) the first type are no more a threat, therefore the price will rise up and up from the second type. Hope that makes sense. So the price of 365 would be a lot higher if it had a multipool backing? Right now 365 is worth 0.82, so the multipool is what separates the 2 coins. I don't think multi-pool will have any effect on 365. You have to understand that 365 is PoW so miners can still mine it directly hence new coins will continue to flood the market and counter the effects of multi pool buy pressure. What makes SYNC unique is that it's has a limited supply, short period of mining and it's PoS meaning that new coins will be earned my minting coins in your wallet at the rate of 1% interest. |
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magpr
Legendary
Offline
Activity: 1190
Merit: 1006
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May 22, 2014, 01:22:59 PM |
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tbearhere
Legendary
Offline
Activity: 3136
Merit: 1003
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May 22, 2014, 01:23:11 PM |
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net hash 306gh/s WOW |
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tbearhere
Legendary
Offline
Activity: 3136
Merit: 1003
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May 22, 2014, 01:24:09 PM |
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you beat me to it  |
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Trabis
Newbie
Offline
Activity: 6
Merit: 0
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May 22, 2014, 01:24:17 PM |
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What are your expectations when pos starts? I mean about the price. Because I m trying to understand why people dump in this moment
Low price because is a premined coin. |
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LonePawn
Newbie
Offline
Activity: 42
Merit: 0
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May 22, 2014, 01:24:23 PM |
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Dedicated Pool restart your servers........ :/
Anyone got another good pool..?
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powersup
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May 22, 2014, 01:24:28 PM |
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What are your expectations when pos starts? I mean about the price. Because I m trying to understand why people dump in this moment
It's Multipool dumps going on.... perfect time to buy - IMO this will be worth at least 5BTC/1 SYNC in a few weeks... Thanks for the reply. I m not tech astute but wasn't he aim of the multipool to keep hight the price? Different type of multipool - the ones that mine sync and payout in BTC hurt us. The ones that mine other alt coins and payout in sync help us. One sells massive amount one buys massive amounts. Once the pow (mining period is over) the first type are no more a threat, therefore the price will rise up and up from the second type. Hope that makes sense. So the price of 365 would be a lot higher if it had a multipool backing? Right now 365 is worth 0.82, so the multipool is what separates the 2 coins. I don't think multi-pool will have any effect on 365. You have to understand that 365 is PoW so miners can still mine it directly hence new coins will continue to flood the market and counter the effects of multi pool buy pressure. What makes SYNC unique is that it's has a limited supply, short period of mining and it's PoS meaning that new coins will be earned my minting coins in your wallet at the rate of 1% interest. Also the market is going darksend crazy ATM, so implementing of anonymous features will send buys into a frenzy IMO |
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MsCollec (OP)
Legendary
Offline
Activity: 1400
Merit: 1000
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May 22, 2014, 01:26:14 PM |
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My advice to those looking to invest in new coins. Avoid PoW, there's no way you can maintain price stability due to multi pool, if the price increase due to wide acceptance they will mine and sell it for much lower price. If the difficulty is Low, miners will get easy coins and dump it. Who's getting screwed in all this scenario? Investors.... There's no long term investment in PoW except PoS that's why SYNC will continue to rise because it will not be affected by greedy miners and multi pool just only greedy investors |
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MsCollec (OP)
Legendary
Offline
Activity: 1400
Merit: 1000
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May 22, 2014, 01:28:24 PM |
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What are your expectations when pos starts? I mean about the price. Because I m trying to understand why people dump in this moment
Low price because is a premined coin. That's sad. I don't know that dumping 5 coins can affect the price on the whole market. What about 100% Free Distribution coins that people get for free and dump on market. |
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BEECoinfan
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May 22, 2014, 01:28:51 PM |
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Seriously. Anything under 1 BTC is truly cheap. This is the floor of the floor.
How long was this coin on mintpal? Only 1 day or so ? as i can't see a longer period graph Also can somebody explain why the red line at the start ? from 3 to 0.x ? As the price on bittrex was nowhere near that at the moment? This thing looks interesting to buy in but this whole price thingy is a mess right now , or at least i see it like this. 1) 18 hours 2) Yes, 18 hours 3) Somebody bought something like 0.0001 sync at 3 btc the price then continued to fall as more people rushed to sell hence a decrease from 3 which is why they use a red line (Green when price is increasing) 4) Yes 5) Price on Bittrex is close to the price on mintpal at the moment (Bittrex 0.65 Mintpal 0.655) That answers your questions in the order they appear, the whole price thing being a mess as you see it makes no sense as you ask a bunch of questions that show you have no idea of what your seeing. When a new coin hits an exchange people always try to sell at a very high price as they are the first to get their coins listed without competition, as more people get listed the price will find the mean. As there is still new coins being mined, some miners will dump to recoup their cost.... The fun should start when it switches to full POS especially if that 240GH follows over to the multipool! It will be interesting to see what happens here but noways in hell would I even pay 1 btc for 1 sync, I can see a few people sitting on 80% of the sync market once the POS starts. Your getting to hung up on 1 for 1 pricing if 1 btc is to much for 1 sync consider this: If these coins had there current Market Cap but only 1000 coins like sync (instead of the millions or billions they have) then the current price would be: 1 ltc =597.33 BTC 1 Drk= 83.46 BTC 1 Ripple= 81.06 BTC 1 BIL= 2.97 BTC 1 Doge= 68.93 BTC 1 PTS=13.45 BTC 1 NMC= 38.98 BTC 1 BC= 12.90 BTC 1 PPC= 93.34 BTC 1 CINNI= 1.3 BTC 1 NXT= 76.74 BTC 1 VTC= 8.61 BTC 1 FTC= 6.54 BTC 1 Zet= 5.64 BTC 1 MEC= 4.36 BTC 1 XPM = 7.72 BTC 1 QRK= 8.52 BTC 1 MAX = 2.62 BTC 1 WDC= 2.87 BTC 1 MINT= 1.53 BTC 1 NVC= 3.17 BTC 1 IFC= 3.02 BTC 1 MSC= 28.68 BTC 1 XCP = 11.536 BTC 1 MAID = 9.83 BTC 1 PND= 1.12 BTC 1 RDD= 1.4 BTC 1 PRT= 1.36 BTC 1 YBC= 3.21 BTC 1 DVC= 1.1 BTC So using your logic if you don't think Sync is unervalued now for everything it offers then go buy a quark at 0.00003510 but realize on the scale to Sync your actually paying 8.52 BTC for the same % of the marketcap that Sync currently offer at 0.64btc. I know which one I will take! Also once POW is done if the multipool has 240 GH that will pump about 25 to 40 btc into Sync. Now that's only the X11 side of it and at the current price 40btc a day could buy every Sync in 14.05 Days. |
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Kenta
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May 22, 2014, 01:29:42 PM |
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Dedicated Pool restart your servers........ :/
Anyone got another good pool..?
https://www.minep.it/pool/sync/ is good, friendly ops, low fee, and better luck history than any of the other large pools |
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deephouse
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May 22, 2014, 01:29:47 PM |
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I have a stupid question. This is the first coin I have mined with x11, So I know very little about it. I was mining at Dedicated pool at the start, but as soon as the scrypt multipool started, I switched over to them, hoping for a better payout. I was not disappointed, I think it worked out quite well. Now the multipool offers x11 mining as well. I see that alot of people were waiting for X11 before joining the multipool. Which should I be mining? Here is what I have. 2 PC's running a total of 5 HD7950's. They get about 625 kh/s each scrypt (3.125 Mh/s scrypt total) For X11 they each get about 1.8 Ms/s (9 Mh/s X11 total) I run these at my work so electricity is free and heat is not a factor. Now that I can choose scrypt or X11 at the multipool, what is a better choice? What will get me the best bang for my buck? Sorry about the stupid questions, but I just don't know which way to go and I am hoping some of you salty dogs know the right choice. Thanks! I have the same thing... Will wait to see someone reply here regarding this. |
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