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Author Topic: [ANN][SUPERCOIN]First P2p Decentralized Trustless Anonymous Wallet Coming Soon  (Read 465926 times)
caishendizi
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June 16, 2014, 09:51:04 AM
 #2381

i bought some super last week.but the price has being down.
i just wait for the high price.
i always wait recently.

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June 16, 2014, 09:59:28 AM
 #2382

provence, POW is not a threat as people think the only reason why i wanted it in POS was because us having a working anon wallet while others till implementing it is HUGE, we can rise like crazy, to crazy levels, the only thing that will slow us down is POW, eventually POW will be over or block halving will make journey easier. i really want POW over because one polo clears stuff up and if were listed, we can reach 50k+ i just don't want POW to bring us back down

i do agree with you.

check my post.

https://bitcointalk.org/index.php?topic=618552.msg7336602#msg7336602
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June 16, 2014, 10:07:06 AM
 #2383

Regarding my all personal analysis POW is not a problem now. Mainly problem was created by POLONIEX.
Many new investor frustated by polos FUD. Now if Polo add this coin then, price momentum will rise instantly.

So ask dev to add this on Polo and we may ask to Polo directly.
I saw many big whale on twitter invested much on SUPER at very high price. like 6k
So don,t make panic....this is the perfect time to buy more with extra BTC.

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Please donate few BTC : 189YmAMvi3SZCXCVqAFtVmGKWzanYtfsoH
Mine all CryptoNote coin with a ready GUI client-Excellent solution. Follow me: https://twitter.com/BitBD
smackii
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June 16, 2014, 10:19:46 AM
 #2384

Patience is a virtue.

I'm patiently waiting for another multipool dump, and my bag is getting bigger and heavier.

On the other side, i should be getting to cloak now.
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June 16, 2014, 10:42:21 AM
 #2385

dev

for Community,

send a PM or email to busoni and ask how code review by himself going?

thanks
Bitcoin_Mafia_Me
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June 16, 2014, 10:44:44 AM
 #2386

After all the drama this weekend, I posted a new article on Bitcoin Mafia: SuperCoin - The Scandal That Wasn't.

Let me know what you think!

It is a good article, however, you quote only DigiByte for the explanation of the mistake busoni made. In fact, supercoindev first told everyone that MAX_MONEY has nothing to do with total coin, and the maryvale posted a lot details with the code, and how total coin calculated. Then there's digibyte. See below for the posts I mentioned:

from supercoindev:
https://bitcointalk.org/index.php?topic=618552.msg7315208#msg7315208

from maryvale:
Quote

and digibyte:
https://bitcointalk.org/index.php?topic=652351.msg7328574#msg7328574

So the article should tell people that supercoin dev team first told people that busoni is completely wrong (in fact, busoni does not even understand the very basic of the alt coin code).

Thanks! I only quoted DigiByte because a) of COURSE supercoindev came out and explained. Everyone would expect the coin’s developer to come out and defend the code. Having an unbiased 3rd party with no ties to the coin come out and say it carries more weight (not that supercoindev’s explanation was any less valid, of course). The other reason is that DigiByte was clearer, more concise and snark-free IMO. As for Busoni not understanding basic alt coin code, did you read his reply from last night? HE admits he wasn’t the one who reviewed the code and that he took it on faith that the person who DID review the code was correct.

Also, i didn't actually quote DigiByte. I just linked to his explanation. The explanation in the article was my own. If I had quoted and linked to every person in the thread who had explained what the code really did, it would have been a very long article, indeed Smiley

Cheers,

Cynthia

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June 16, 2014, 11:07:01 AM
 #2387

AFAIK, supercoin is only 1 of 3 coins (SUPER, DRK & XC) that currently has a publicly working anonymous transfer wallet. (excluding cryptonote coins)
It's also the only crypto with both super PoW & super PoS blocks. If that doesn't mean something about the talent of its dev, I don't know what is.
So for such a coin with far fewer coins than CINNI or VERICOIN right now, it's totally undervalued and under-appreciated IMHO. At least 10-20 folds.

But yeah, maybe it's a great time to stock up some right now.
It's always good to buy while there is blood on the streets. Grin

You can follow me on Twitter for the latest PIVX news & updates: https://twitter.com/jakimanboy
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June 16, 2014, 11:08:50 AM
 #2388

DEV

we do not want  Multipool any more.....
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June 16, 2014, 11:14:29 AM
 #2389

Great coin at this price and will buy and hold,in 12 months there will only be 36.8 million coins,as long as devs keep updating the features for super and community grows,this coin has a great future ahead of it :)Think of it like hobonickels in its early days was only 300 sat and has been up to 40,000 sat in its 12 months lifespan Smiley

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June 16, 2014, 11:16:48 AM
 #2390

Working anon wallet is a good feature at this price, lets home MP notices the potential

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June 16, 2014, 11:29:36 AM
 #2391

Yes i remember DC start it the same way i had like 1000DC i dumped all and now here we are a not making the same mistake with SuperCoin no hell o no holding till the end baby...

.SPECTRE.                ▄▄███▄▄
            ▄▄███▀▀▀▀▀███▄▄
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    │
 
▬▬     WHITEPAPER    ▬▬
FACEBOOK     TELEGRAM
TWITTER     SLACK     MEDIUM
.
PRE-SALE.
PUBLIC SALE.
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June 16, 2014, 11:32:41 AM
 #2392

DEV

we do not want  Multipool any more.....

A multipool to mine other coins and buy SuperCoins would be great thats how the main coins are rolling nowdays thats one way to survive...

.SPECTRE.                ▄▄███▄▄
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███ ███     │
███ ███     │
    │
 
▬▬     WHITEPAPER    ▬▬
FACEBOOK     TELEGRAM
TWITTER     SLACK     MEDIUM
.
PRE-SALE.
PUBLIC SALE.
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June 16, 2014, 12:06:30 PM
 #2393

When will you people ever learn the only reason that the coin has got so low

is because of trolls spreading fud and the last 6 pages of this thread these 3 have

been soley responsabile for spreading bullshit while at the same time syaing they care so much

about the coin

and the trolls of the day are:

provenceday
Abinito
bitcoinwonders010

I n fact they have manged to do more harm than busconi just go back and read

these 3 are pathetic and no doubt buying up all your cheap coins

their fud speaks volumes glad i sold yesterday, with friends like these 3

this coin does not need enemys or mistakes lol

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June 16, 2014, 12:11:40 PM
 #2394

When will you people ever learn the only reason that the coin has got so low

is because of trolls spreading fud and the last 6 pages of this thread these 3 have

been soley responsabile for spreading bullshit while at the same time syaing they care so much

about the coin

and the trolls of the day are:

provenceday
Abinito
bitcoinwonders010

I n fact they have manged to do more harm than busconi just go back and read

these 3 are pathetic and no doubt buying up all your cheap coins

their fud speaks volumes glad i sold yesterday, with friends like these 3

this coin does not need enemys or mistakes lol

back up your claims with what kind of FUD, dude do your research, i provided the logo, why would i waste my time with supercoin then, and im not buying up cheap coins, i have no more btc. bought what i could you fool

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June 16, 2014, 12:17:27 PM
 #2395


Vote for SUPER on MINTPAL: https://www.mintpal.com/voting#SUPER
Tell your friends to vote for SUPER on MINTPAL: https://www.mintpal.com/voting#SUPER

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June 16, 2014, 12:19:27 PM
 #2396

Sovie, did you miss provenceday's stats regarding the multipools? They always dumped their mined goods at market prices, relentlessly driving the prices down, while most of the investors have already bought and are holding.
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June 16, 2014, 12:25:17 PM
 #2397

I aint no fool as i got out early, i've been readng this thread now for 24 hours and

the people comenting with pure conjecture that can't be proved one way or another

have succeeded in frightning the hell out of everyone.

Please don't expect me to believe that multipool is responsabile for dropping the price

so dramatically, they have been around a while now but all of a sudden the price goes form 4000 to 1500

c'mon use your heads, this is nothing but fear mongering spread by the 3 mentioned weather they did it

knowingly or by accident the proof is there for all to read, and its hilarious as one the one hand they bash busconi

and on the other they bash the coin themselves

Wake up

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June 16, 2014, 12:42:34 PM
 #2398

I aint no fool as i got out early, i've been readng this thread now for 24 hours and

the people comenting with pure conjecture that can't be proved one way or another

have succeeded in frightning the hell out of everyone.

Please don't expect me to believe that multipool is responsabile for dropping the price

so dramatically, they have been around a while now but all of a sudden the price goes form 4000 to 1500

c'mon use your heads, this is nothing but fear mongering spread by the 3 mentioned weather they did it

knowingly or by accident the proof is there for all to read, and its hilarious as one the one hand they bash busconi

and on the other they bash the coin themselves

Wake up

dude you are fool. as for me i clearly said, the issue with the multipool is it will restrict growth. i want POW to go because if it reaches 50k sats i don't want it falling back. poloniex is clearly responsible for this mess. i don't understand why, people still not buying as it proven it was a mistake im pissed its taking busoni this long to reply
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June 16, 2014, 12:58:25 PM
 #2399

wat eva  people can read for themselves
i;ve wasted enough time already
have fun

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June 16, 2014, 01:04:22 PM
 #2400

wat eva  people can read for themselves
i;ve wasted enough time already
have fun

Supercoin Long Term Development Advice

hi Supercoin Community

i am provenceday, truly, i have some amount Supercoin(i also have more than 100 posts on this thread).  Although i try to be neutral, but still some advices from me may be very subjective. Please Don't soak up everything uncritically.

about me, i have involved with coins more than 2 years, and mining and holding more than 100 altcoins at least. Also i am running 2 biggest Multipool in China. so i just want to share some experience with Community.


1  Whether Supercoin is a good coin or not?

For me, i believe Supercoin is a good coin deserve to hold. Because Supercoin has a dedicated dev team, yes dev team is the vital to Altcoin (not for bitcoin Grin), if dev team abandoned a altcoin, then the altcoin may not go far. Luckily we have a dedicated team behind Supercoin. Everybody in Community know this.

Supercoin is a pow/pos separated coin with some lucky Super pos block, then everybody will want to open their Supercoin Wallet for super block which can accelerate the transfer confirmation. so supercoin has a very fast confirmation, 6 confirmation less than 2 minutes, it's super fast.
But if you also involve in XC coin Community, you will know XC has a very very slow transfer confirmation, some time it may take 1 hours to get 6 confirmation. because XC coin has a very low Pos Rate(3.33%,but good for price)and some shortcomings on their POS  mechanism.
Supercoin are also also developing Anon Wallet, and has released the alpha Version for public test. it's a big thing. if you innove in altcoin more than 1 years, you will Know Anon feature is hard to accomplished. That's the reason why darkcoin and XC coin still only have a test Anon Wallet. As i know (maybe i am wrong), only Darkcoin and XC coin and Supercoin has a Anon Wallet now(not included Cryptonote technology coin, such as bytecoin or XMR). So that's prove we really has a professional and high-level dev team.

2 Which factors influence the Altcoin price?
Truly, demand decides price in free market. but for Altcoin, mainly 2 things influence the Altcoin price.(i posted this before)
 First is coin inflation, because everyday if we have 0.3 Million supercoin, if the price hit 10K satoshi, you will need 30BTC buying support, that's ok with current circumstances, but if the price hit 100K satoshi, you will need 300BTC support everyday, so it's impossible for nowdays coin, that's the reason why Dark and XC and VRC coin has very low inflation(that's also lead they have a much higher price than Supercoin).
 Second is the Multipool, they will control everyday's coin supply, after they mined this coin, they will dump it soon for profit. and because i am running the 2 biggest Multipool in China,(more than 100G scrypt and X11 hash rate) i know exactly how Multipool works, everyminus Multipool will detect the all coin listed on all exchange platform(if they have a open api), then based the advanced profit Algorithm, they will decide to mine which coin, then they will mine it and dump it ASAP for bitcoins, because they must pay miner bitcoin everyday. otherwise miner will leave, also if miner can not get more profit than mining LTC, miner will also leave, because they can mine LTC instead. From my observe, at the recent 3 days, mining Supercoin is the most profitable thing, it have at least 50% premium than just mining LTC coin. so why not mining Supercoin and then dump it ASAP? it's really a good business for profit!but it's a disaster for Supercoin price.

3 Why same concept Anon coin has much higher price than Supercoin?

Dark price is 0.017BTC (4,387,505 DRK)
XC price is 0.0015BTC (5,512,780 XC)
Vericoin Price is 0.00011BTC (26,768,365 VRC)
Supercoin price is 0.00002995BTC (11,811,810 SUPER)

i do not want to say more, from these statistics, you can make your decision.

4 Price prior or Development affairs prior?
Guys, we are not at 2011,which we has less than 10 Altcoins, we are in 2014,, we have more than 333 Altcoins on coinmarketcap. even bitcoin, if the price keep dropping, most of people will leave. Further more, if the price is higher, then we maybe stable later, we will draw more resource for long term development, it’s a really good thing. that's why dark and XC can not be defeatd easily. Nowdays, innovations need more resource Support.

5 What does mining means for Altcoin?
Now we have the POS algorithm, even without mining, the network is secure. mining is just a way for coin distribution and not very environmentally friendly,do you know how many electricity been wasted by mining bitcoin? Bitcoin Mining Uses $15 Million's Worth Of Electricity Every ...i do believe if satoshi has a better way to distribute bitcoin, he will not choose mining method.

6 what does Multipool does everyday?
i am running some Multipool, i know it. Multipool is vampire. they will bleed white everycoin's profit until they turn to mining LTC again.

7 Should we reduce the block reward more quickly?

i have proposed 2 times to reduce the block reward.
First time, i post this
DEV we need quick Halves, other wise Multipool will keep dumping their coins until pow period ends...


you can also check dark thread, at first the reward is 500coin then reduce to 25 coins after they realised the Multipool dumping.

similar thing happened with XC coin. they ends their mining period soon after they realized Multipool keep dumping

Further more, POS mining is a more greener  way for coin distribution, it do not need GPU cards and waste electricity!

what's the meaning of pow period?

Halves block reward to 64 coins, Please..

I understand your point and concerns, and we will seriously consider your proposal. We know this is what happened to XC and other coins. We will protect the best of our community's interests against multipools. The Supercoin dev team will make a decision on this matter. Thank you for your great support to us.

Dev,Thank you very much! that's the reason:

thanks for your quick reply dev.
i have engaged with altcoin more than one years, have seen so many good coins just killed by Multipool.
i do hope supercoin has a bright future, because we are super!

From my altcoin experience, there are 2 things are really bad for altcoin.

First is coin inflation, because everyday if we have 0.3 Million supercoin, if the price hit 10K satoshi, you will need 30BTC buying support, that's ok with current circumstances, but if the price hit 100K satoshi, you will need 300BTC support everyday, so it's impossible for nowdays coin, that's the reason why dark and XC and VRC coin has very low inflation. i also hope supercoin has a lower inflation.

Second is the Multipool, they will control everyday's coin supply, after they mined this coin, they will dump it soon for profit.

so based the two reasons, i would like to advice to reduce the block reward more quickly and keep the total amount fixed or also can reduce the total amount. otherwise the price is not maintainable.

so how about reduce the block reward every week and at some point keep it at a low block reward?

so now we have 512 coin block reward,
512--》256--》128--》64 ends (4 weeks)
or
512--》256--》128--》64--》32 ends.(Multipool will not profitable any more and keep lower inflation also small miner will mine this coin)(5 weeks)

if we have a lower block reward, people would keep their coin for pos mining, it‘s a better and greener way for coin distributing than Multipool control the coin supply.

But it seems dev are more mild on reduce block, i am more radical. Dev decide to reduce block more quickly, but choose to halves every 10day, at first the halve is every 45 days. After this Announcement, the price rise from 1k satoshi to 4ksatoshi.

Second time i posted this 2days ago:


Community can vote for weather to reduce block reward more quickly.

i do advice Supercoin can update source code again tomorrow, and reduce the block reward to 64 Supercoin or 32 Supercoin directly and then halves everyweek, until we reach 2coin or 1coin block reward, then we can end the pow and turn to a pure pos coin.

we do not need to suffer another 1 month Multipool dumping.or it may kill the young and promising Supercoin

Community can discuss this issue.

it seems both Darkcoin and XC coin make successive update to face Multipool's dumping, we may also need to make a tough decision again.

Thank you very much. welcome any comments on this advice, good or bad? Dev and Community together make a decision for a better Supercoin!


Also dev is very busying at Anon Wallet test on sunday, if we can reduce block reward first, we can put off another two days for Anon Wallet test, i believe Community will Support this.
Thanks for your Support.

But dev are too busy to test the Anon Wallet, so they do not take further action on this.

8 is it unfair to reduce blockreward again? or any risk?

even you are a miner mining Supercoin now, it‘s unfair for you, because you can not get many Supercoins with Multipool control the more than 80% everyday's coin supply, also Multipool keep dumping, the price will go lower and lower, you mining Supercoin may can not afford your mining cost now. is that fair for you?
if you are a Supercoin investor, it is truly unfair for your investment, because Multipool take the most part profit on all Altcoins. you investment wroth less everyday. it's unfair.
if you want to join Supercoin Community, it’s unfair for you to buy a coin and that coin price goes lower later.

risk: if we can handle this correctly, it may not take risk on Supercoin development, because many Altcoin update their source code several times, such as Darkcoin and XC coin.

9 Further development plan advice?

0 decentralized Anon system and trustless mixer
1 more application on Supercoin
2 Mobil basd payment system
3 Merchant adoption
4 media report
5 grow Community
6 keep adding new function on Supercoin
7 charity Fund

Thanks.
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