provenceday
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June 16, 2014, 09:20:00 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? If you think there is no reason, you should really educate yourself. Every thing has two sides. 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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provenceday
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June 16, 2014, 09:21:26 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?+1 tell me. i am running the 2 biggest Multipool, and have hold more than 100 altcoins since 2012...
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duru
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June 16, 2014, 09:26:13 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? If you think there is no reason, you should really educate yourself. Every thing has two sides. ... or more
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the computer has increased the purse of words
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provenceday
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June 16, 2014, 09:43:39 AM |
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NO body get any benefit from Multipool dump. that's the truth.
if busoni did not give us a official reply tomorrow, then we can forget Poloniex and busoni.
after that, Please update the source code again and cut the the pow or reduce the block reward to 16 coin directly,
why we need to suffer Another 1 month Multipool dumping?
give me a reason Please.
both dark coin and XC coin update their source code and cut the pow when they realized the Multipool problem.
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.
DEV, After busoni give us a reply or not, tomorrow is the line, after that, Please Change the reward to 16 coin directly or cut off the pow , Community need this.Thanks do it dev.
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bitcoinwonders010
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June 16, 2014, 09:47:30 AM |
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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
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CryptoBull
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June 16, 2014, 09:50:52 AM |
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hi all when the halves comes i think that everything is going to turn around,another thought is to shut down multipools and i agree with it ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ending the pow is perfect but maybe the dev team knows best ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) my opinion and actions are : buy cheap hold and laugh at the end because drk coin had the same prolems at the begining and now we see who is laughing ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I had like 500 drk coins hold them i was still going to hold but i decided to buy more hash power for my farm and i have utility bills ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) that i should pay..... now i ahve 10k of super coin im glad that dumb people are selling its their choice we all should benefit from their stupidity ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) i believe that when the anon function of the wallet is released and working we are al going to praise the day that we buy some cheap SUper coins ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I wish you all good health and fortune be possitive believe in the dev tem because they do all the work Happy mining to you all ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Captain Positive ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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caishendizi
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June 16, 2014, 09:51:04 AM |
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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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provenceday
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June 16, 2014, 09:59:28 AM |
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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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bitbd83
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Crypto Enthusiast, BD
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June 16, 2014, 10:07:06 AM |
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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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smackii
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June 16, 2014, 10:19:46 AM |
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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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provenceday
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June 16, 2014, 10:42:21 AM |
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dev
for Community,
send a PM or email to busoni and ask how code review by himself going?
thanks
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Bitcoin_Mafia_Me
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June 16, 2014, 10:44:44 AM |
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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#msg7315208from maryvale: and digibyte: https://bitcointalk.org/index.php?topic=652351.msg7328574#msg7328574So 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](https://bitcointalk.org/Smileys/default/smiley.gif) Cheers, Cynthia
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jakiman
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jakiman is back!
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June 16, 2014, 11:07:01 AM |
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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](https://bitcointalk.org/Smileys/default/grin.gif)
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provenceday
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June 16, 2014, 11:08:50 AM |
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DEV
we do not want Multipool any more.....
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glennbuck
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June 16, 2014, 11:14:29 AM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif)
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traumschiff
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June 16, 2014, 11:16:48 AM |
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Working anon wallet is a good feature at this price, lets home MP notices the potential
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lobo13hf
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June 16, 2014, 11:29:36 AM |
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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...
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lobo13hf
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June 16, 2014, 11:32:41 AM |
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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...
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sovie
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June 16, 2014, 12:06:30 PM |
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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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bitcoinwonders010
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June 16, 2014, 12:11:40 PM |
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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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