tx42
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June 16, 2014, 08:54:43 AM |
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People shouldnt support too high prices, but they do. Each and every "trader" or "buy and holder" has made the mistake. You can learn from it, or go on with it...
Your advice is to not invest in any PoW coin then. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Very wise indeed. Hehe, you turn over my words. You can support pow, but every thing has his price wise man ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) . Most of you cant put a buyorder and wait till its filled. All greedy. What is your motivation to continue PoW? Greed or ideology?
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bitcoinwonders010
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June 16, 2014, 08:55:44 AM |
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once investors get the all clear from poloniex then it should get interesting here, these levels will not be seen again. what pissing me off is why he is taking so long
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provenceday
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June 16, 2014, 08:56:54 AM |
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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.
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.
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Mrjitter
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June 16, 2014, 09:01:26 AM |
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Poloniex drama is over, not is the problem. This coin has lost the momentum . Tomorrow we will see prices below 1k
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tx42
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 16, 2014, 09:01:52 AM |
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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.
It's clear that the model and motivation for supercoin came from Dark and XC, so it would only be natural to take this lesson as well.
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tx42
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June 16, 2014, 09:03:48 AM |
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You cant blame the pow rewards because you pay too much too early... Only people who have reason to blame are the mislead early sellers, since nobody pays them for the "loss" ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) So the devs have a responsibility to those who have sold the coin and have no further interest in it? Do we also have a responsibility to the people of Pompei, to protect them from volcanoes? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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provenceday
Legendary
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June 16, 2014, 09:04:14 AM |
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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.
It's clear that the model and motivation for supercoin came from Dark and XC, so it would only be natural to take this lesson as well. i agree with you. and i agree to reduce block reward more quickly, to 16 Block reward directly or cut the pow and turn to a pos coin directly!
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bitcoinwonders010
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June 16, 2014, 09:04:24 AM |
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buying now is a absolute no brainer, everybody ask yourself, if it wasn't for poloniex where would the price be right now. the POW phase would have only slowed growth not stopped it, remember XC rose from 1700 sats too 100k before pow phase went out. our floor should be 4000, on poloniex news, 10k plus is a must, that can easily be sustained, with block halving coming
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provenceday
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June 16, 2014, 09:06:48 AM |
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Anybody can give me a reason why should not we reduce the block reward or cut the pow just like darkcoin or XC coin did this before?
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bitcoinwonders010
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June 16, 2014, 09:07:39 AM |
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abinito why are you not understanding the fall is not because of the quick rise, its because of poloniex. if poloniex didn't did what they did, it would have risen much higher, the volume was 350btc, mintpal could have added us
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tx42
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 16, 2014, 09:07:46 AM |
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You are responsible for your own. Just don't pay 5000/8000sat for a coin that was sold for 40/100 sat a week earlyer. What do you expect ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I get it, you enjoy rubbing in the losses of others. But is there any other reason to continue PoW besides your own morbid amusement?
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provenceday
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June 16, 2014, 09:08:32 AM |
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People shouldnt support too high prices, but they do. Each and every "trader" or "buy and holder" has made the mistake. You can learn from it, or go on with it...
Your advice is to not invest in any PoW coin then. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Very wise indeed. Hehe, you turn over my words. You can support pow, but every thing has his price wise man ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) . Most of you cant put a buyorder and wait till its filled. All greedy. What is your motivation to continue PoW? Greed or ideology? Because its announced since the beginning, since the beginning people anticipate on it? You should watch from two sides: what do you think the early sellers would think? They sell coins based on their expectations regarding the information they have. If there are 150m coins, you need less money than in the case of 50m coins. Very simple. You cant blame the pow rewards because you pay too much too early... Only people who have reason to blame are the mislead early sellers, since nobody pays them for the "loss" ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) So the devs have a responsibility to those who have sold the coin and have no further interest in it? Do we also have a responsibility to the people of Pompei, to protect them from volcanoes? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) You are responsible for your own. Just don't pay 5000/8000sat for a coin that was sold for 40/100 sat a week earlyer. What do you expect ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) you mean the XC coin? when XC coin hit the exchange platform , XC coin price is 333satoshi, and i brought more than 40k XC coin less than 500 satoshi and still hold them. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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provenceday
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June 16, 2014, 09:09:49 AM |
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buying now is a absolute no brainer, everybody ask yourself, if it wasn't for poloniex where would the price be right now. the POW phase would have only slowed growth not stopped it, remember XC rose from 1700 sats too 100k before pow phase went out. our floor should be 4000, on poloniex news, 10k plus is a must, that can easily be sustained, with block halving coming
Thats not exactly right my friend. Before the ann price went down from 8000 sat to little below 5000 sat.. those who ripped the bigger buy orders are not multipools. Just early buyers, you can ask provenceday ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) haha, no, i still hold all of my Supercoin. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) should i post it again? Here is a Simple a analysis on Supercoin reasonable price after Anon wallet release Until now, only Dark coin and XC coin has some Anon features Darkcoin has a worked mixer but also some problem with their master node XC coin has a test net mixer and do not worked Anon wallet yet, they will have a version2.0 two weeks later. Vericoin do not have a Anon wallet, they only have a development plan Supercoin has a Anon wallet on testnet. Dark coin Current total supply is 4.3 Million, the Price is 1.7 Million Satoshi/11$ XC coin Current total supply is 5.5 Million, the Price is 130K Satoshi/0.84$ Vericoin Current total supply is 26 Million, the Price is 15K Satoshi/0.1$ Supercoin Current total supply is 10 Million, the Price is 3K? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) /0.018$??? personally i think we have done much work on Anon features than Vericoin so the reasonable Supercoin price at least hit 15K*2.6=37.5K Satoshi if we compared with XC coin, the reasonable price will hit 60K Satoshi.now the Current Supercoin price is only 3K Satoshi. so what are we waiting for???. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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provenceday
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June 16, 2014, 09:11:56 AM |
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You are responsible for your own. Just don't pay 5000/8000sat for a coin that was sold for 40/100 sat a week earlyer. What do you expect ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I get it, you enjoy rubbing in the losses of others. But is there any other reason to continue PoW besides your own morbid amusement? Is there any reason to continue POW for Bitcoin? Come on, SUPER losses are a joke compared the total loss people made with the 1000+$ bitcoin price. In reality, those people have to wait maybe for multiple years.... Super POW stops soon. Bitcoin is stable now. 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.
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bitcoinwonders010
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 16, 2014, 09:12:06 AM |
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buying now is a absolute no brainer, everybody ask yourself, if it wasn't for poloniex where would the price be right now. the POW phase would have only slowed growth not stopped it, remember XC rose from 1700 sats too 100k before pow phase went out. our floor should be 4000, on poloniex news, 10k plus is a must, that can easily be sustained, with block halving coming
Thats not exactly right my friend. Before the ann price went down from 8000 sat to little below 5000 sat.. those who ripped the bigger buy orders are not multipools. Just early buyers, you can ask provenceday ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) no it was multipools, there was a 62btc buy wall, mutlipool took that out followed by profit takers, and then we rose back to 6000, sats people were buying with a very strong wall at 4000, on announcement and then poloniex opened their mouth and it fell
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tx42
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 16, 2014, 09:12:45 AM |
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Is there any reason to continue POW for Bitcoin?
No. There is no reason to continue PoW for Bitcoin. It could switch to pure PoS and save a lot of valuable energy in the process. Can you name a reason to continue PoW for Bitcoin?
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bitcoinwonders010
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June 16, 2014, 09:15:22 AM |
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super coin just needs to be compared to VRC
vrc 26million coins no working anon function highest 28000 sats current price 11000 sats
we currently have 12million working anon function in wallet price 1750sats
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provenceday
Legendary
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Activity: 1148
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 16, 2014, 09:15:54 AM |
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buying now is a absolute no brainer, everybody ask yourself, if it wasn't for poloniex where would the price be right now. the POW phase would have only slowed growth not stopped it, remember XC rose from 1700 sats too 100k before pow phase went out. our floor should be 4000, on poloniex news, 10k plus is a must, that can easily be sustained, with block halving coming
Thats not exactly right my friend. Before the ann price went down from 8000 sat to little below 5000 sat.. those who ripped the bigger buy orders are not multipools. Just early buyers, you can ask provenceday ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) haha, no, i still hold all of my Supercoin. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) should i post it again? Here is a Simple a analysis on Supercoin reasonable price after Anon wallet release Until now, only Dark coin and XC coin has some Anon features Darkcoin has a worked mixer but also some problem with their master node XC coin has a test net mixer and do not worked Anon wallet yet, they will have a version2.0 two weeks later. Vericoin do not have a Anon wallet, they only have a development plan Supercoin has a Anon wallet on testnet. Dark coin Current total supply is 4.3 Million, the Price is 1.7 Million Satoshi/11$ XC coin Current total supply is 5.5 Million, the Price is 130K Satoshi/0.84$ Vericoin Current total supply is 26 Million, the Price is 15K Satoshi/0.1$ Supercoin Current total supply is 10 Million, the Price is 3K? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) /0.018$??? personally i think we have done much work on Anon features than Vericoin so the reasonable Supercoin price at least hit 15K*2.6=37.5K Satoshi if we compared with XC coin, the reasonable price will hit 60K Satoshi.now the Current Supercoin price is only 3K Satoshi. so what are we waiting for???. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Nice words. I remember you stated a few days before " POS STOPPED"! I know many Chinese, and they are not crazy;) You just want some more buywalls so you can eat them and in the meantime fool some people. haha maybe i will, but i will not sell my Supercoin until we have a very stable price and hit on many exchange platforms. Supercoin are too young now...
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tx42
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June 16, 2014, 09:18:35 AM |
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This is the last thing i say
And you left without explaining why PoW should be continued. More wisdom: "If you can't support your position, abandon the discussion."
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tx42
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June 16, 2014, 09:19:51 AM |
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If you think there is no reason, you should really educate yourself. Every thing has two sides.
And here is your opportunity to be an educator...but it looks like you have nothing to teach. What is the reason to continue PoW?
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