[ANN][SUPERCOIN]First P2p Decentralized Trustless Anonymous Wallet Coming Soon

[bitrap]

CryptCoin is looking to release it's anon feature by the end of June, around the same time SuperCoin does. Who will release it first? As long as it actually works, SuperCoin should explode once it's released, even if it's somehow weeks after the competition.

Comparing this coin to others like it, once the dumpers can no longer manipulate the price, and the anon feature continues to look promising, 10x growth should be reached very quickly.

Cutting short PoW and dropping the interest on PoS looks like a good way to go too.

Devs, how is phase 2 looking? Maybe that will be the tipping point.

[provenceday]

CryptCoin is looking to release it's anon feature by the end of June, around the same time SuperCoin does. Who will release it first? As long as it actually works, SuperCoin should explode once it's released, even if it's somehow weeks after the competition.

Comparing this coin to others like it, once the dumpers can no longer manipulate the price, and the anon feature continues to look promising, 10x growth should be reached very quickly.

Cutting short PoW and dropping the interest on PoS looks like a good way to go too.

Devs, how is phase 2 looking? Maybe that will be the tipping point.

First we should not let Multipool control our everyday supply....

The coin will a higher price all cut their pow phase very early or with a low block reward.

just like Darkcoin XCcoin Vericoin  Cryptcoin and so on.....

we already have a very very fair distribution compared with other Anon coins......
you can check the richlist.
http://super.blockexplorer.cc/richlist/

[tokyoghetto]

Don't cut the PoW. Stick to the original plan. So what if multipools control the supply. They control the hashrate. Its only fair. If anything, this still allows people to get a position in now who might otherwise be late to the game.

You don't need to cut PoW or cut the PoS rate. It would be greedy to do so. It would be as bad as DRK instamining then cutting the block reward. You don't want that kind of stench hanging around your coin trust me. the dev isn't here to cater to early adoptors screaming "cut the PoW". You are basically saying " I have a ton of Supercoin now, please cut the supply so my coins are worth more and I can get rich".

It doesn't work that way. If Supercoindev does cut PoW or lower the PoS rate, its an outright scam.

Supercoin is trading steady. good volume. It doesn't matter how many coins exist. The market will price the true value of Supercoin.

[bitrap]

If Supercoindev does cut PoW or lower the PoS rate, its an outright scam.

Supercoin is trading steady. good volume. It doesn't matter how many coins exist. The market will price the true value of Supercoin.

It's not a scam because many coins have done it and are doing just fine, but you do have a point. SuperCoin will take off either way.

[provenceday]

Don't cut the PoW. Stick to the original plan. So what if multipools control the supply. They control the hashrate. Its only fair. If anything, this still allows people to get a position in now who might otherwise be late to the game.

You don't need to cut PoW or cut the PoS rate. It would be greedy to do so. It would be as bad as DRK instamining then cutting the block reward. You don't want that kind of stench hanging around your coin trust me. the dev isn't here to cater to early adoptors screaming "cut the PoW". You are basically saying " I have a ton of Supercoin now, please cut the supply so my coins are worth more and I can get rich".

It doesn't work that way. If Supercoindev does cut PoW or lower the PoS rate, its an outright scam.

Supercoin is trading steady. good volume. It doesn't matter how many coins exist. The market will price the true value of Supercoin.

hi

tokyoghetto

no need to changed the total amount, we just do not want Multipool control the everyday's coin supply.. Multipool will dump their mined coin ASAP,

We can just cut the pow phase directly, and put the left pow coin to pos phase...it's fair to everyone.

[provenceday]

If Supercoindev does cut PoW or lower the PoS rate, its an outright scam.

Supercoin is trading steady. good volume. It doesn't matter how many coins exist. The market will price the true value of Supercoin.

It's not a scam because many coins have done it and are doing just fine, but you do have a point. SuperCoin will take off either way.

yes, just like Darkcoin XCcoin Vericoin Cryptcoin and Vootcoin and so many othercoins.....

[axsdf]

If there is any recommended pools you aware of, let us know, so we can get in touch with them.

[provenceday]

If there is any recommended pools you aware of, let us know, so we can get in touch with them.

you want to mine supercoin or want to tell Multipool not to mine Supercoin?

[jakiman]

Don't cut the PoW. Stick to the original plan. So what if multipools control the supply. They control the hashrate. Its only fair. If anything, this still allows people to get a position in now who might otherwise be late to the game.

You don't need to cut PoW or cut the PoS rate. It would be greedy to do so. It would be as bad as DRK instamining then cutting the block reward. You don't want that kind of stench hanging around your coin trust me. the dev isn't here to cater to early adoptors screaming "cut the PoW". You are basically saying " I have a ton of Supercoin now, please cut the supply so my coins are worth more and I can get rich".

It doesn't work that way. If Supercoindev does cut PoW or lower the PoS rate, its an outright scam.

Supercoin is trading steady. good volume. It doesn't matter how many coins exist. The market will price the true value of Supercoin.

Reducing PoW immediately is unfair. What i felt was a good balance was stopping PoW after the next 3 block reward halving. (~25 days)
This means that PoW count will drop from 18.2 million to about 16 million. Not a huge drop but at least we won't suffer multipool dumps.
We could also drop PoS inflation also. Reducing PoS % rate will make super blocks feel even more special.
But it's really up to the dev. Also, 2 hard forks so close to each other isn't good. So it shouldn't be rushed.

Block reward halving happens in about 24 hours now.
So let's all first see how it goes after that shall we?

[provenceday]

Don't cut the PoW. Stick to the original plan. So what if multipools control the supply. They control the hashrate. Its only fair. If anything, this still allows people to get a position in now who might otherwise be late to the game.

You don't need to cut PoW or cut the PoS rate. It would be greedy to do so. It would be as bad as DRK instamining then cutting the block reward. You don't want that kind of stench hanging around your coin trust me. the dev isn't here to cater to early adoptors screaming "cut the PoW". You are basically saying " I have a ton of Supercoin now, please cut the supply so my coins are worth more and I can get rich".

It doesn't work that way. If Supercoindev does cut PoW or lower the PoS rate, its an outright scam.

Supercoin is trading steady. good volume. It doesn't matter how many coins exist. The market will price the true value of Supercoin.

Reducing PoW immediately is unfair. What i felt was a good balance was stopping PoW after the next 3 block reward halving. (~25 days)
This means that PoW count will drop from 18.2 million to about 16 million. Not a huge drop but at least we won't suffer multipool dumps.
We could also drop PoS inflation also. Reducing PoS % rate will make super blocks feel even more special.
But it's really up to the dev. Also, 2 hard forks so close to each other isn't good. So it shouldn't be rushed.

Block reward halving happens in about 24 hours now.
So let's all first see how it goes after that shall we?

Without Multipool dump, it's really good for Supercoin. but what i can say is that i run some Multipools, i know if mining Supercoin is profitable, even we reduce the block reward, we may need to suffer Another 20 days dump.

so best is cut the pow directly and turn the left pow coin to pos coin. it fair to everyone.

if you think this is unfair, tell me the reason?

[Rnbin]

Is this multipool dump you guys are talking about being automated ? for what amounts does it sell each time then and how often ?

[bitrap]

After the first half, this coin will probably rise up in price a few thousand sats then sit steady again until the next halve.

If PoW ends at the same time Anon is officially released, this coin will take off faster than Clark Kent whenever Lois Lane is in trouble.

[jakiman]

After the first half, this coin will probably rise up in price a few thousand sats then sit steady again until the next halve.

If PoW ends at the same time Anon is officially released, this coin will take off faster than Clark Kent whenever Lois Lane is in trouble.

lol. Supercoin will warp time by spinning the earth so fast if PoW is shortened. If not, it'll just be a more comfortable ride up.

[provenceday]

Is this multipool dump you guys are talking about being automated ? for what amounts does it sell each time then and how often ?

They will dump ASAP when their mined coin get confirmed.

[bitrap]

Is this multipool dump you guys are talking about being automated ? for what amounts does it sell each time then and how often ?

Yes it's automated. If I understand correctly, multipools mine the most profitable altcoins then immediately convert them to BTC then pay them out. I'd say they dump around 10-30k coins at a time, eating up all of the top Buy orders. This artificially deflates the value of the coin because the true value is in it's innovation, something that multipools have no interest in.

[provenceday]

After the first half, this coin will probably rise up in price a few thousand sats then sit steady again until the next halve.

If PoW ends at the same time Anon is officially released, this coin will take off faster than Clark Kent whenever Lois Lane is in trouble.

lol. Supercoin will warp time by spinning the earth so fast if PoW is shortened. If not, it'll just be a more comfortable ride up.

No need to shorten the pow, just put all the left pow coin to pos phase, it's fair to everyone.

[provenceday]

Is this multipool dump you guys are talking about being automated ? for what amounts does it sell each time then and how often ?

Yes it's automated. If I understand correctly, some multipools mine the most profitable altcoins then immediate convert them to BTC then pay them out. I'd say they dump around 10-30k coins at a time, eating up all of the top Buy orders. This artificially deflates the value of the coin because the true value is in it's innovation, something that multipools have no interest in.

Multipool is vampire...i know them.

[tokyoghetto]

Its unfair because Devs are not central bankers.

The developer sets the network. network should be allowed to run its course. If prices drop, devs shouldn't be allowed to cut supply. You might ask yourself why but let me ask you this. If prices were to to rocket to the moon, should the dev be allowed to increase supply?

If your answer is no to increasing supply, then the answer should be no to cutting supply.

It becomes a scam when you tell people "yes there will be 12 million coins over 1 year" then turn around 3 months later and say "just kidding, we are cutting suppy at 3 million". This would force a liquidity squeeze, send the price higher and reward early adopters.  

But that is exactly what you want right? Cut the supply after you have had your fill of coins and artificially pump the price? Sorry man. You argument for cutting supply hold no weight. So what if multipools sell coins at market? They control the hashrate, they earn those coins fair and square. If you want to compete with them, get yourself enough hashrate, mine supercoin and hoard them.

If multipools are mining supercoin and dumping, then clearly the price is too high and liquidity needs to be injected. I welcome multipools because if I am trying to buy big blocks of coins, why should I be forced to pay a higher price? This is were multipools are a godsend. while everyone is hoarding, multipools are liquidity providers. They will sell to me. Amazing.

I can provide more points but this should suffice. Its becoming clear that you only care about the price going higher. the only time PoW or PoS should be cut is when there was a clear error in the development of the coin. Two examples would be CENT and NINJA. Clear coding errors that hyper-inflated and ultimately killed the coins. Supercoin is not suffering from that so I don't see any problems with the way things are right now.

[supercointeam]

Any info on our dev's talk with polo?

I don't have any answer yet, their investigation should be continuing.

[tokyoghetto]

Is this multipool dump you guys are talking about being automated ? for what amounts does it sell each time then and how often ?

Yes it's automated. If I understand correctly, multipools mine the most profitable altcoins then immediately convert them to BTC then pay them out. I'd say they dump around 10-30k coins at a time, eating up all of the top Buy orders. This artificially deflates the value of the coin because the true value is in it's innovation, something that multipools have no interest in.

wrong. The value of a network is in its current market value, determined by price on an open exchange. Innovation has nothing to do with it.

Its not artificial because open exchanges are driven by supply and demand. If demand is high, multipools mine "the most profitable coin" and match the demand with supply.

Thi is a good thing.